FEDERAL NORTH

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 268557District 09Field 65280200GasSaveExport
Value, all time
$9.7 M
Sep 2012 – May 2026
Value, last 12 filed months
$337 k
at the published price for each month
Months reported
165
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
GasProduction2,804,282 Mcf$9,719,916
Total$9,719,916

Every month this lease reported (165)

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

165 months

May 20268,348106.413.05$25,427
Apr 20267,84698.932.87$22,516
Mar 20267,24089.753.15$22,802
Feb 20265,82363.503.75$21,838
Jan 20268,26259.138.00$66,079
Dec 20258,06556.664.41$35,594
Nov 20258,07858.593.93$31,718
Oct 20257,07359.383.30$23,375
Sep 20256,73162.743.08$20,711
Aug 20256,72963.933.01$20,286
Jul 20256,42266.743.32$21,290
Jun 20258,02166.483.13$25,095
May 20258,63860.553.23$27,921
Apr 20258,59562.363.54$30,453
Mar 20258,78367.704.27$37,489
Feb 20258,06570.884.34$35,009
Jan 20258,38474.324.28$35,872
Dec 20249,51468.993.12$29,697
Nov 20249,22969.052.20$20,289
Oct 20249,33271.372.28$21,290
Sep 20248,55869.612.36$20,234
Aug 20248,48375.632.06$17,506
Jul 20248,59979.932.15$18,459
Jun 20247,43478.082.63$19,581
May 20245,72978.812.20$12,595
Apr 20243,04384.451.66$5,049
Mar 20248,81980.301.55$13,627
Feb 20249,81076.091.78$17,498
Jan 20249,39273.023.30$30,972
Dec 202310,64871.262.61$27,799
Nov 202310,70877.892.81$30,063
Oct 202310,14985.443.09$31,333
Sep 20238,84689.042.74$24,194
Aug 202310,36880.522.67$27,712
Jul 20236,38174.852.64$16,857
Jun 20233,78168.962.26$8,539
May 20239,45170.622.23$21,051
Apr 202311,07178.122.24$24,774
Mar 20238,26872.852.39$19,787
Feb 20239,05875.112.47$22,334
Jan 202310,79176.533.39$36,557
Dec 202212,17276.415.73$69,734
Nov 202212,15685.005.65$68,635
Oct 20228,21487.185.86$48,165
Sep 202210,38484.888.16$84,772
Aug 202211,55894.529.13$105,492
Jul 202211,373101.587.54$85,776
Jun 202210,865115.097.98$86,672
May 202211,411109.378.43$96,229
Apr 202211,067104.226.84$75,672
Mar 202211,321108.885.08$57,470
Feb 202210,53491.054.86$51,183
Jan 202211,46581.844.54$52,025
Dec 202111,54071.323.90$44,996
Nov 202111,17577.435.24$58,522
Oct 202111,51179.795.71$65,772
Sep 202111,12369.865.35$59,518
Aug 202112,15766.024.22$51,310
Jul 202111,39270.783.98$45,364
Jun 202112,53769.493.38$42,383
May 202112,66463.483.02$38,216
Apr 202111,93960.362.76$32,933
Mar 202112,30761.302.72$33,437
Feb 202111,37757.805.55$63,119
Jan 202113,36750.412.81$37,565
Dec 202013,18644.642.68$35,279
Nov 202012,88538.772.71$34,874
Oct 202012,82636.972.48$31,788
Sep 202012,12137.091.99$24,133
Aug 202013,33639.982.39$31,808
Jul 202014,12538.371.83$25,780
Jun 202013,95134.901.69$23,582
May 202014,15516.921.81$25,688
Apr 202013,93214.751.80$25,139
Mar 202014,87030.341.86$27,602
Feb 202014,45749.881.98$28,635
Jan 202015,95557.252.09$33,422
Dec 201915,85359.012.30$36,531
Nov 201915,53755.302.75$42,738
Oct 201915,70353.472.42$37,978
Sep 201913,98255.052.66$37,154
Aug 201916,36953.112.30$37,720
Jul 201917,11456.272.46$42,101
Jun 201917,03652.782.49$42,440
May 201917,54158.482.74$48,068
Apr 201916,52462.632.75$45,453
Mar 201917,56356.803.06$53,780
Feb 201915,76050.852.79$44,005
Jan 201917,27046.033.23$55,751
Dec 201817,95246.594.19$75,137
Nov 201818,14952.934.24$76,902
Oct 201819,03561.443.40$64,682
Sep 201818,54959.543.11$57,650
Aug 201816,34659.403.07$50,126
Jul 201817,14665.142.93$50,270
Jun 201817,71360.183.08$54,501
May 201818,49965.382.90$53,662
Apr 201817,41763.842.90$50,523
Mar 201820,18561.222.79$56,252
Feb 201818,22061.782.77$50,399
Jan 201820,08462.874.01$80,523
Dec 201720,25557.272.92$59,175
Nov 201719,52555.423.12$60,886
Oct 201720,44849.292.98$61,010
Sep 201719,79747.523.09$61,119
Aug 201721,44845.373.00$64,438
Jul 201722,15543.873.09$68,399
Jun 201720,88942.493.09$64,490
May 201720,53745.373.26$67,020
Apr 201723,76947.933.21$76,337
Mar 201723,30146.772.98$69,523
Feb 201714,78750.452.95$43,660
Jan 201714,17649.413.42$48,465
Dec 201616,27148.763.72$60,574
Nov 201617,40942.492.64$46,035
Oct 201618,25346.193.09$56,407
Sep 201618,81141.553.10$58,326
Aug 201621,12141.442.92$61,765
Jul 201623,89941.622.92$69,889
Jun 201619,62445.352.69$52,707
May 201620,34042.521.99$40,498
Apr 201619,52536.561.99$38,875
Mar 201617,25633.011.79$30,957
Feb 201613,55726.472.06$27,977
Jan 201616,98727.352.36$40,163
Dec 201524,22132.362.00$48,476
Nov 201524,86338.792.17$53,886
Oct 201525,98343.552.43$63,050
Sep 201525,74242.992.76$71,007
Aug 201528,54040.162.87$81,981
Jul 201534,90148.152.95$102,786
Jun 201533,21156.152.88$95,743
May 201534,17955.212.96$101,014
Apr 201535,11049.822.71$95,028
Mar 201533,57642.892.93$98,536
Feb 201530,91944.662.98$92,021
Jan 201535,38343.433.10$109,710
Dec 201435,57254.693.59$127,752
Nov 201434,88070.464.25$148,304
Oct 201436,84678.303.90$143,735
Sep 201436,28886.164.05$146,801
Aug 201438,33289.394.04$154,674
Jul 201439,12596.564.18$163,527
Jun 201439,00698.164.74$184,767
May 201441,81994.734.73$197,660
Apr 201440,00695.944.81$192,394
Mar 201441,83195.895.06$211,531
Feb 201440,27897.406.19$249,401
Jan 201443,96890.404.86$213,716
Dec 201346,59991.824.35$202,914
Nov 201347,67188.853.74$178,208
Oct 201351,50697.423.78$194,660
Sep 201351,665104.113.72$192,077
Aug 201356,721104.253.52$199,806
Jul 201355,881102.523.72$207,751
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
Sep 2012094.672.92$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                8,348 Mcf  × $  3.05 =    $25,427

────────────────────────────────────────────────────
Month total                                  $25,427

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/268557 is the state's own key, not one this site invented.