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 268560District 09Field 65280200GasSaveExport
Value, all time
$8.6 M
Dec 2012 – May 2026
Value, last 12 filed months
$289 k
at the published price for each month
Months reported
162
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
GasProduction2,490,021 Mcf$8,574,862
Total$8,574,862

Every month this lease reported (162)

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

162 months

May 202632106.413.05$97
Apr 202637798.932.87$1,082
Mar 20266,41689.753.15$20,207
Feb 20266,77663.503.75$25,412
Jan 20267,59059.138.00$60,704
Dec 20257,29456.664.41$32,191
Nov 20257,28058.593.93$28,584
Oct 20257,61859.383.30$25,176
Sep 20257,45962.743.08$22,951
Aug 20257,73163.933.01$23,307
Jul 20257,53466.743.32$24,977
Jun 20257,70266.483.13$24,097
May 20258,05960.553.23$26,049
Apr 20257,87162.363.54$27,888
Mar 20258,12367.704.27$34,672
Feb 20257,27570.884.34$31,580
Jan 20257,77874.324.28$33,280
Dec 20247,70368.993.12$24,044
Nov 20247,77069.052.20$17,082
Oct 20248,10571.372.28$18,491
Sep 20247,87069.612.36$18,608
Aug 20248,20575.632.06$16,932
Jul 20248,25079.932.15$17,709
Jun 20247,93278.082.63$20,893
May 20248,24078.812.20$18,115
Apr 20248,24584.451.66$13,680
Mar 20248,62580.301.55$13,327
Feb 20248,20376.091.78$14,631
Jan 20248,26673.023.30$27,258
Dec 20238,44371.262.61$22,042
Nov 20238,29977.892.81$23,300
Oct 20238,56585.443.09$26,443
Sep 20238,58989.042.74$23,491
Aug 20239,02280.522.67$24,115
Jul 20239,10074.852.64$24,040
Jun 20238,10668.962.26$18,307
May 20239,08370.622.23$20,231
Apr 20238,91878.122.24$19,956
Mar 20238,77072.852.39$20,988
Feb 20238,30275.112.47$20,470
Jan 20239,39176.533.39$31,814
Dec 20229,44776.415.73$54,123
Nov 20229,07885.005.65$51,256
Oct 20229,48487.185.86$55,612
Sep 20229,20584.888.16$75,147
Aug 20229,56594.529.13$87,301
Jul 20229,743101.587.54$73,482
Jun 20229,500115.097.98$75,783
May 20229,850109.378.43$83,065
Apr 20229,684104.226.84$66,215
Mar 202210,043108.885.08$50,982
Feb 20228,94591.054.86$43,462
Jan 20229,94781.844.54$45,136
Dec 202110,05171.323.90$39,190
Nov 20219,03377.435.24$47,304
Oct 20219,95379.795.71$56,870
Sep 20219,59969.865.35$51,363
Aug 202110,20866.024.22$43,084
Jul 20219,99170.783.98$39,785
Jun 20219,94469.493.38$33,617
May 202110,37063.483.02$31,293
Apr 202110,53960.362.76$29,071
Mar 202111,15561.302.72$30,307
Feb 20219,95257.805.55$55,213
Jan 202110,32150.412.81$29,005
Dec 202010,37744.642.68$27,763
Nov 202010,08738.772.71$27,301
Oct 202010,53036.972.48$26,098
Sep 202010,45837.091.99$20,822
Aug 202010,92439.982.39$26,055
Jul 202011,00038.371.83$20,076
Jun 202010,71034.901.69$18,103
May 202011,28516.921.81$20,479
Apr 202010,93314.751.80$19,727
Mar 202011,41830.341.86$21,194
Feb 202010,86549.881.98$21,520
Jan 202011,70157.252.09$24,511
Dec 201911,75859.012.30$27,095
Nov 201911,37255.302.75$31,281
Oct 201911,56053.472.42$27,958
Sep 201910,27555.052.66$27,304
Aug 201912,22853.112.30$28,178
Jul 201912,90256.272.46$31,740
Jun 201912,72952.782.49$31,710
May 201913,74458.482.74$37,663
Apr 201913,13662.632.75$36,133
Mar 201914,47756.803.06$44,330
Feb 201913,17150.852.79$36,776
Jan 201913,62846.033.23$43,994
Dec 201814,40446.594.19$60,287
Nov 201814,43452.934.24$61,160
Oct 201815,31261.443.40$52,031
Sep 201815,14159.543.11$47,058
Aug 201815,94459.403.07$48,893
Jul 201816,00765.142.93$46,931
Jun 201815,65360.183.08$48,163
May 201816,29965.382.90$47,280
Apr 201816,78563.842.90$48,690
Mar 201816,83761.222.79$46,922
Feb 201815,30961.782.77$42,347
Jan 201817,16562.874.01$68,820
Dec 201717,24357.272.92$50,376
Nov 201716,39855.423.12$51,135
Oct 201717,72349.292.98$52,880
Sep 201716,91347.523.09$52,215
Aug 201717,68045.373.00$53,118
Jul 201718,08343.873.09$55,827
Jun 201718,16242.493.09$56,071
May 201718,81445.373.26$61,398
Apr 201718,46447.933.21$59,299
Mar 201718,95946.772.98$56,568
Feb 201717,03750.452.95$50,303
Jan 201719,20549.413.42$65,658
Dec 201620,33148.763.72$75,689
Nov 201618,58942.492.64$49,156
Oct 201620,72646.193.09$64,049
Sep 201620,37641.553.10$63,178
Aug 201621,48541.442.92$62,829
Jul 201622,01041.622.92$64,365
Jun 201620,84345.352.69$55,981
May 201620,51342.521.99$40,842
Apr 201621,66536.561.99$43,136
Mar 201620,86333.011.79$37,428
Feb 201620,79226.472.06$42,907
Jan 201623,41027.352.36$55,350
Dec 201518,52432.362.00$37,074
Nov 201523,72238.792.17$51,413
Oct 201525,00743.552.43$60,681
Sep 201524,34142.992.76$67,143
Aug 201525,53240.162.87$73,340
Jul 201526,08548.152.95$76,822
Jun 201525,60856.152.88$73,824
May 201526,79355.212.96$79,185
Apr 201526,43049.822.71$71,535
Mar 201527,09642.892.93$79,519
Feb 201525,28944.662.98$75,265
Jan 201528,84143.433.10$89,425
Dec 201429,42154.693.59$105,661
Nov 201428,96370.464.25$123,146
Oct 201430,52678.303.90$119,081
Sep 201430,12786.164.05$121,877
Aug 201431,75389.394.04$128,127
Jul 201432,76396.564.18$136,936
Jun 201432,22398.164.74$152,636
May 201429,96494.734.73$141,627
Apr 201429,65195.944.81$142,595
Mar 201430,62395.895.06$154,854
Feb 201428,04497.406.19$173,648
Jan 201432,09990.404.86$156,024
Dec 201333,66991.824.35$146,611
Nov 201334,97088.853.74$130,728
Oct 201339,58497.423.78$149,602
Sep 201340,930104.113.72$152,167
Aug 201345,749104.253.52$161,156
Jul 201349,042102.523.72$182,325
Jun 201354,10094.403.93$212,797
May 201335,18694.834.15$145,990
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

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                   32 Mcf  × $  3.05 =        $97

────────────────────────────────────────────────────
Month total                                      $97

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/268560 is the state's own key, not one this site invented.