BALLARD UNIT

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 268973District 09Field 65280200CondensateGasSaveExport
Value, all time
$7.1 M
Dec 2012 – May 2026
Value, last 12 filed months
$331 k
at the published price for each month
Months reported
162
no gaps in the span
Streams
2
condensate, 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
CondensateDisposition10,020 bbl$707,212
GasProduction1,868,713 Mcf$6,391,434
Total$7,098,646

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 202607,292106.413.05$22,210
Apr 202605,78498.932.87$16,598
Mar 202605,87589.753.15$18,503
Feb 202615,30863.503.75$19,970
Jan 2026137,01759.138.00$56,890
Dec 202557,43356.664.41$33,088
Nov 2025177,70958.593.93$31,265
Oct 202548,14359.383.30$27,149
Sep 2025277,80762.743.08$25,715
Aug 2025188,32063.933.01$26,234
Jul 202508,58066.743.32$28,444
Jun 202508,10566.483.13$25,358
May 202508,23660.553.23$26,621
Apr 202528,21462.363.54$29,228
Mar 2025348,56167.704.27$38,843
Feb 202507,78470.884.34$33,789
Jan 202528,18974.324.28$35,187
Dec 202418,02568.993.12$25,118
Nov 202497,98469.052.20$18,174
Oct 2024308,22171.372.28$20,896
Sep 202407,80569.612.36$18,454
Aug 202477,14675.632.06$15,276
Jul 2024337,96879.932.15$19,742
Jun 202407,70278.082.63$20,287
May 202407,89678.812.20$17,359
Apr 202407,85884.451.66$13,038
Mar 2024807,62980.301.55$18,212
Feb 202407,82876.091.78$13,962
Jan 202408,46573.023.30$27,915
Dec 202308,44671.262.61$22,050
Nov 202308,51577.892.81$23,906
Oct 2023899,33185.443.09$36,412
Sep 202309,85589.042.74$26,954
Aug 2023010,06080.522.67$26,889
Jul 202319,15974.852.64$24,271
Jun 202309,75068.962.26$22,020
May 202309,15170.622.23$20,383
Apr 202328,05378.122.24$18,177
Mar 202308,65072.852.39$20,701
Feb 2023947,94975.112.47$26,660
Jan 202308,41376.533.39$28,501
Dec 202207,16276.415.73$41,032
Nov 202206,48285.005.65$36,599
Oct 202207,40187.185.86$43,398
Sep 202217,88084.888.16$64,415
Aug 202208,83594.529.13$80,638
Jul 202208,304101.587.54$62,629
Jun 202207,854115.097.98$62,653
May 2022938,377109.378.43$80,815
Apr 202207,265104.226.84$49,675
Mar 202207,978108.885.08$40,500
Feb 202207,89791.054.86$38,370
Jan 202208,30181.844.54$37,667
Dec 202108,44471.323.90$32,924
Nov 2021458,24277.435.24$46,646
Oct 202108,72979.795.71$49,876
Sep 2021757,63069.865.35$46,067
Aug 202108,72266.024.22$36,812
Jul 202108,93570.783.98$35,580
Jun 202108,12869.493.38$27,478
May 202179,04763.483.02$27,745
Apr 2021919,15160.362.76$30,735
Mar 202109,66961.302.72$26,270
Feb 202108,34057.805.55$46,270
Jan 202109,60950.412.81$27,004
Dec 2020949,33244.642.68$29,164
Nov 202009,04938.772.71$24,492
Oct 202009,43636.972.48$23,386
Sep 202009,10437.091.99$18,126
Aug 202009,63939.982.39$22,990
Jul 202009,77438.371.83$17,839
Jun 202009,48334.901.69$16,029
May 2020909,56016.921.81$18,872
Apr 202009,40914.751.80$16,977
Mar 2020010,50030.341.86$19,490
Feb 202008,91049.881.98$17,648
Jan 2020879,80157.252.09$25,511
Dec 2019010,02159.012.30$23,092
Nov 2019010,61455.302.75$29,196
Oct 20192810,83153.472.42$27,692
Sep 2019210,04455.052.66$26,800
Aug 20198811,09753.112.30$30,245
Jul 2019010,01956.272.46$24,647
Jun 2019010,49652.782.49$26,148
May 2019011,25958.482.74$30,853
Apr 2019010,69362.632.75$29,413
Mar 20199311,27156.803.06$39,795
Feb 2019010,36750.852.79$28,947
Jan 20199411,15846.033.23$40,347
Dec 20187411,70946.594.19$52,455
Nov 201810011,28252.934.24$53,098
Oct 2018011,77661.443.40$40,016
Sep 2018013,26959.543.11$41,240
Aug 2018013,71159.403.07$42,046
Jul 201815213,73765.142.93$50,177
Jun 2018113,19860.183.08$40,669
May 2018014,44865.382.90$41,911
Apr 2018014,09063.842.90$40,872
Mar 201821217,64761.222.79$62,158
Feb 2018012,14261.782.77$33,586
Jan 20187213,05162.874.01$56,852
Dec 201718212,33157.272.92$46,448
Nov 2017012,61855.423.12$39,347
Oct 20179413,25149.292.98$44,170
Sep 20176713,15047.523.09$43,782
Aug 2017013,36945.373.00$40,166
Jul 201715413,36943.873.09$48,030
Jun 2017011,62442.493.09$35,887
May 201714814,72045.373.26$54,752
Apr 2017010,74247.933.21$34,499
Mar 201710611,76746.772.98$40,067
Feb 2017111,35350.452.95$33,571
Jan 201713713,09549.413.42$51,538
Dec 201615313,14748.763.72$56,404
Nov 20168412,57042.492.64$36,809
Oct 20165112,45546.193.09$40,845
Sep 20167811,82541.553.10$39,906
Aug 2016012,82841.442.92$37,513
Jul 201612612,91741.622.92$43,018
Jun 201611112,69745.352.69$39,136
May 20166813,38342.521.99$29,537
Apr 201614713,17036.561.99$31,596
Mar 20169513,82833.011.79$27,944
Feb 201610613,15326.472.06$29,949
Jan 201619814,37427.352.36$39,401
Dec 201511214,49932.362.00$32,643
Nov 201510914,42338.792.17$35,488
Oct 20158315,21443.552.43$40,533
Sep 2015115,04942.992.76$41,554
Aug 201520815,70740.162.87$53,471
Jul 2015015,72948.152.95$46,323
Jun 201517815,58656.152.88$54,927
May 20158316,01355.212.96$51,908
Apr 201517315,89349.822.71$51,634
Mar 201523416,62242.892.93$58,817
Feb 2015015,35744.662.98$45,705
Jan 201517317,50243.433.10$61,781
Dec 201418217,89154.693.59$74,207
Nov 20148617,32870.464.25$79,735
Oct 201419318,33478.303.90$86,632
Sep 201420218,30286.164.05$91,444
Aug 201417119,25389.394.04$92,974
Jul 201419220,16096.564.18$102,800
Jun 201419720,45498.164.74$116,226
May 201419821,98594.734.73$122,670
Apr 201419022,79795.944.81$127,862
Mar 201439223,46695.895.06$156,252
Feb 201419722,66097.406.19$159,499
Jan 201419323,59990.404.86$132,155
Dec 201320021,09291.824.35$110,209
Nov 201319725,87488.853.74$114,228
Oct 201319728,97797.423.78$128,706
Sep 201338629,990104.113.72$151,681
Aug 201338637,980104.253.52$174,029
Jul 201383344,245102.523.72$249,891
Jun 201308,47194.403.93$33,320
May 20130094.834.15$0
Apr 20130093.964.28$0
Mar 20130093.623.91$0
Feb 20130091.233.42$0
Jan 20130091.603.42$0
Dec 20120086.773.42$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
Condensate             0 bbl  × $106.41 =         $0
Gas                7,292 Mcf  × $  3.05 =    $22,210

────────────────────────────────────────────────────
Month total                                  $22,210

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/268973 is the state's own key, not one this site invented.