FEDERAL

Operated by BKV NORTH TEXAS, LLC (P-5 100345) in the NEWARK, EAST (BARNETT SHALE) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 268551District 09Field 65280200GasSaveExport
Value, all time
$4.3 M
Oct 2012 – May 2026
Value, last 12 filed months
$153 k
at the published price for each month
Months reported
164
no gaps in the span
Streams
1
gas

The Railroad Commission's own record for the field this lease produces from, including the spacing rule that governs how close together its wells may be drilled.

These are facts about the field, not about this lease. The field holds 21,881 leases and 22,468 wells, and the rule below applies to all of them.

Discovered
1981-10-15
as the register files it
Field class
Oil and gas
the register's own label
Between wells
0 ft
minimum
From a lease line
330 ft
minimum

A drilling unit in this field needs at least 20 acres. The field rule took effect on 2009-09-29.

The Commission's schedule remark for this field reads: DESIGNATED AS UFT FIELD PER DOCKET 01-0299858

What this lease produced, and what it was worth

Oil and condensate are valued on the volume the state records as disposed of; gas and casinghead gas on the volume produced. They are different columns of different files, and the difference is not cosmetic.

StreamBasisVolumeValue
GasProduction1,236,144 Mcf$4,286,783
Total$4,286,783

Every month this lease reported (164)

Volume × price = value, one row per cycle. The price columns are the same series published on the prices page — nothing here is modelled.

164 months

May 20263,334106.413.05$10,155
Apr 20263,22298.932.87$9,246
Mar 20263,35589.753.15$10,566
Feb 20263,10763.503.75$11,652
Jan 20263,14359.138.00$25,137
Dec 20253,61456.664.41$15,950
Nov 20253,50158.593.93$13,746
Oct 20253,62659.383.30$11,983
Sep 20253,43162.743.08$10,557
Aug 20253,41763.933.01$10,301
Jul 20253,51366.743.32$11,646
Jun 20253,69766.483.13$11,567
May 20253,94560.553.23$12,752
Apr 20252,89962.363.54$10,272
Mar 20252,86267.704.27$12,216
Feb 20253,44470.884.34$14,950
Jan 20253,66174.324.28$15,664
Dec 20244,02068.993.12$12,548
Nov 20243,93869.052.20$8,657
Oct 20244,12371.372.28$9,406
Sep 20243,19469.612.36$7,552
Aug 20242,76375.632.06$5,702
Jul 20243,02779.932.15$6,498
Jun 20242,92078.082.63$7,691
May 20243,18878.812.20$7,009
Apr 20242,91684.451.66$4,838
Mar 20243,21880.301.55$4,972
Feb 20242,46176.091.78$4,390
Jan 20243,60773.023.30$11,895
Dec 20233,31471.262.61$8,652
Nov 20233,26277.892.81$9,158
Oct 20233,74785.443.09$11,568
Sep 20233,53689.042.74$9,671
Aug 20233,49780.522.67$9,347
Jul 20234,00074.852.64$10,567
Jun 20233,67868.962.26$8,307
May 20233,80670.622.23$8,477
Apr 20232,88278.122.24$6,449
Mar 20234,15972.852.39$9,953
Feb 20233,07175.112.47$7,572
Jan 20234,29476.533.39$14,547
Dec 20224,58676.415.73$26,274
Nov 20225,60285.005.65$31,630
Oct 20224,37087.185.86$25,625
Sep 20223,44584.888.16$28,124
Aug 20224,96794.529.13$45,335
Jul 20224,934101.587.54$37,213
Jun 20224,793115.097.98$38,235
May 20225,136109.378.43$43,312
Apr 20224,370104.226.84$29,880
Mar 20224,116108.885.08$20,894
Feb 20223,02291.054.86$14,683
Jan 20223,44681.844.54$15,637
Dec 20213,95071.323.90$15,402
Nov 20214,61077.435.24$24,142
Oct 20214,69579.795.71$26,827
Sep 20214,37969.865.35$23,432
Aug 20214,30166.024.22$18,153
Jul 20215,26070.783.98$20,946
Jun 20215,30669.493.38$17,938
May 20215,68863.483.02$17,165
Apr 20214,87260.362.76$13,439
Mar 20215,50461.302.72$14,954
Feb 20214,39057.805.55$24,356
Jan 20215,17450.412.81$14,540
Dec 20205,33644.642.68$14,276
Nov 20205,21838.772.71$14,123
Oct 20205,43136.972.48$13,460
Sep 20205,32837.091.99$10,608
Aug 20205,47639.982.39$13,061
Jul 20205,68138.371.83$10,369
Jun 20205,53734.901.69$9,359
May 20205,73516.921.81$10,408
Apr 20205,68914.751.80$10,265
Mar 20205,78930.341.86$10,746
Feb 20205,52849.881.98$10,949
Jan 20205,89057.252.09$12,338
Dec 20196,19659.012.30$14,278
Nov 20195,89855.302.75$16,224
Oct 20196,08053.472.42$14,705
Sep 20195,70755.052.66$15,165
Aug 20196,54453.112.30$15,080
Jul 20195,64056.272.46$13,875
Jun 20196,12552.782.49$15,259
May 20196,36158.482.74$17,431
Apr 20196,03562.632.75$16,600
Mar 20195,95856.803.06$18,244
Feb 20195,37550.852.79$15,008
Jan 20196,00046.033.23$19,369
Dec 20186,26046.594.19$26,201
Nov 20186,16952.934.24$26,140
Oct 20186,68461.443.40$22,713
Sep 20186,49059.543.11$20,171
Aug 20187,62559.403.07$23,383
Jul 20186,74065.142.93$19,761
Jun 20186,89160.183.08$21,203
May 20187,90665.382.90$22,934
Apr 20187,52163.842.90$21,817
Mar 20187,42561.222.79$20,692
Feb 20186,91661.782.77$19,130
Jan 20188,05862.874.01$32,307
Dec 20177,15857.272.92$20,912
Nov 20177,68755.423.12$23,971
Oct 20177,76349.292.98$23,162
Sep 20178,09247.523.09$24,982
Aug 20177,61245.373.00$22,869
Jul 20177,83043.873.09$24,173
Jun 20178,32542.493.09$25,702
May 20178,67345.373.26$28,303
Apr 20178,74347.933.21$28,079
Mar 20178,50846.772.98$25,385
Feb 20177,36550.452.95$21,746
Jan 20178,51149.413.42$29,097
Dec 20168,53848.763.72$31,786
Nov 20168,49542.492.64$22,464
Oct 20169,35946.193.09$28,922
Sep 20169,35141.553.10$28,994
Aug 201610,04941.442.92$29,387
Jul 20169,52541.622.92$27,854
Jun 201610,11345.352.69$27,162
May 201610,81042.521.99$21,523
Apr 201610,82436.561.99$21,551
Mar 201610,55833.011.79$18,941
Feb 20169,70526.472.06$20,028
Jan 201612,82927.352.36$30,332
Dec 201512,52532.362.00$25,068
Nov 201512,68138.792.17$27,484
Oct 201513,11443.552.43$31,822
Sep 201513,64542.992.76$37,639
Aug 201514,40140.162.87$41,367
Jul 201514,52548.152.95$42,777
Jun 201514,59356.152.88$42,070
May 201514,94055.212.96$44,154
Apr 201514,73349.822.71$39,876
Mar 201515,49942.892.93$45,485
Feb 201514,34444.662.98$42,690
Jan 201516,51643.433.10$51,210
Dec 201416,93754.693.59$60,827
Nov 201416,81070.464.25$71,473
Oct 201417,77378.303.90$69,332
Sep 201417,64986.164.05$71,398
Aug 201418,52389.394.04$74,743
Jul 201419,13696.564.18$79,981
Jun 201418,91798.164.74$89,608
May 201419,90794.734.73$94,092
Apr 201419,54795.944.81$94,004
Mar 201420,48895.895.06$103,604
Feb 201418,44897.406.19$114,230
Jan 201421,22590.404.86$103,169
Dec 201321,70791.824.35$94,523
Nov 201322,35488.853.74$83,566
Oct 201324,32597.423.78$91,933
Sep 201324,849104.113.72$92,382
Aug 201327,244104.253.52$95,970
Jul 201327,816102.523.72$103,413
Jun 2013094.403.93$0
May 2013094.834.15$0
Apr 2013093.964.28$0
Mar 2013093.623.91$0
Feb 2013091.233.42$0
Jan 2013091.603.42$0
Dec 2012086.773.42$0
Nov 2012086.953.62$0
Oct 2012089.383.40$0

How to read this page

The arithmetic is one multiplication per stream per month. Here it is, worked, on a real row from the table above.

May 2026 — as filed, then multipliedworked
Gas                3,334 Mcf  × $  3.05 =    $10,155

────────────────────────────────────────────────────
Month total                                  $10,155

The volumes are the state's, unchanged

Every barrel and every Mcf on this page is a number the Railroad Commission of Texas published in its monthly production query. Nothing is modelled, estimated or filled in.

The dollars are a multiplication, not a valuation

Volume × a published monthly price. It is not what the operator was paid: it takes no account of a contract, a differential, a transportation deduction, or the share any one owner holds.

Oil and gas are priced differently

Oil is a Texas realisation — the crude oil first purchase price. Gas is a benchmark, because no free Texas wellhead gas series exists at any date. The prices page publishes the difference rather than correcting it away.

A lease is not a well

The state reports oil on lease and gas on well, and this page is the lease grain. 09/G/268551 is the state's own key, not one this site invented.