PROPS FINDLEY C 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 270147District 09Field 65280200CondensateGasSaveExport
Value, all time
$7.4 M
Dec 2012 – May 2026
Value, last 12 filed months
$357 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
CondensateDisposition3,271 bbl$193,905
GasProduction2,139,787 Mcf$7,237,118
Total$7,431,023

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 202608,425106.413.05$25,661
Apr 202606,93898.932.87$19,910
Mar 202607,59389.753.15$23,914
Feb 202605,01363.503.75$18,800
Jan 202605,87259.138.00$46,964
Dec 202507,03856.664.41$31,061
Nov 202508,41458.593.93$33,037
Oct 202589,51559.383.30$31,921
Sep 2025548,85662.743.08$30,637
Aug 202509,21763.933.01$27,787
Jul 202509,66166.743.32$32,028
Jun 2025011,24566.483.13$35,182
May 202509,90760.553.23$32,023
Apr 202508,77262.363.54$31,080
Mar 202569,42567.704.27$40,635
Feb 202546,14170.884.34$26,941
Jan 2025385,99974.324.28$28,492
Dec 202447,76768.993.12$24,520
Nov 202447,10069.052.20$15,885
Oct 202409,14571.372.28$20,863
Sep 2024010,15769.612.36$24,015
Aug 2024310,32375.632.06$21,530
Jul 2024010,58179.932.15$22,713
Jun 2024010,52978.082.63$27,733
May 202409,70578.812.20$21,336
Apr 202406,86184.451.66$11,384
Mar 202438,14880.301.55$12,831
Feb 202435,52476.091.78$10,081
Jan 202457,65673.023.30$25,612
Dec 202338,61171.262.61$22,695
Nov 202346,98277.892.81$19,914
Oct 202347,57885.443.09$23,737
Sep 202346,86189.042.74$19,121
Aug 202321,82680.522.67$5,042
Jul 202333,79974.852.64$10,261
Jun 202304,17868.962.26$9,436
May 202305,06270.622.23$11,275
Apr 202335,41378.122.24$12,347
Mar 20230072.852.39$0
Feb 202354,31575.112.47$11,015
Jan 202349,26276.533.39$31,683
Dec 2022210,06476.415.73$57,810
Nov 2022010,03985.005.65$56,682
Oct 202209,83487.185.86$57,664
Sep 2022258,94184.888.16$75,113
Aug 2022310,45394.529.13$95,690
Jul 2022010,187101.587.54$76,831
Jun 2022110,985115.097.98$87,745
May 202239,593109.378.43$81,226
Apr 202209,655104.226.84$66,017
Mar 2022012,564108.885.08$63,780
Feb 2022410,36491.054.86$50,721
Jan 202208,67981.844.54$39,383
Dec 2021010,29371.323.90$40,134
Nov 2021739,18377.435.24$53,742
Oct 2021010,83279.795.71$61,893
Sep 2021368,83169.865.35$49,769
Aug 2021012,06766.024.22$50,930
Jul 2021012,56870.783.98$50,047
Jun 2021012,71569.493.38$42,985
May 202116313,04563.483.02$49,713
Apr 2021112,53860.362.76$34,645
Mar 2021011,25661.302.72$30,582
Feb 202109,61657.805.55$53,349
Jan 2021012,42950.412.81$34,929
Dec 2020011,70144.642.68$31,306
Nov 2020010,40138.772.71$28,151
Oct 2020010,76836.972.48$26,688
Sep 2020012,27737.091.99$24,444
Aug 2020013,50439.982.39$32,208
Jul 2020013,54738.371.83$24,725
Jun 202016811,83534.901.69$25,868
May 2020011,45616.921.81$20,790
Apr 2020011,18514.751.80$20,182
Mar 2020013,43530.341.86$24,938
Feb 2020112,43649.881.98$24,681
Jan 2020014,31557.252.09$29,986
Dec 2019014,46659.012.30$33,335
Nov 2019012,89355.302.75$35,465
Oct 201913113,61053.472.42$39,921
Sep 2019312,74555.052.66$34,032
Aug 2019112,68953.112.30$29,293
Jul 2019012,38256.272.46$30,460
Jun 2019012,46352.782.49$31,048
May 2019012,86758.482.74$35,260
Apr 201918712,86962.632.75$47,111
Mar 2019014,86456.803.06$45,515
Feb 2019013,52450.852.79$37,762
Jan 2019015,00746.033.23$48,445
Dec 20182915,14946.594.19$64,756
Nov 2018013,68952.934.24$58,004
Oct 2018011,90061.443.40$40,437
Sep 2018013,76059.543.11$42,766
Aug 2018315,66459.403.07$48,213
Jul 2018014,63865.142.93$42,917
Jun 201818415,01560.183.08$57,273
May 2018015,49165.382.90$44,936
Apr 2018014,74563.842.90$42,772
Mar 20182716,14561.222.79$46,646
Feb 2018015,80761.782.77$43,724
Jan 20182416,89862.874.01$69,258
Dec 2017017,54557.272.92$51,258
Nov 2017018,07955.423.12$56,377
Oct 20178118,98849.292.98$60,647
Sep 20172218,40647.523.09$57,870
Aug 2017018,15145.373.00$54,533
Jul 2017017,53443.873.09$54,132
Jun 2017017,37142.493.09$53,629
May 201714217,61545.373.26$63,927
Apr 2017012,14647.933.21$39,008
Mar 20178818,15546.772.98$58,284
Feb 2017016,91150.452.95$49,931
Jan 201710518,29949.413.42$67,749
Dec 20161719,60548.763.72$73,815
Nov 20168718,59642.492.64$52,871
Oct 20161719,80646.193.09$61,991
Sep 20169019,67641.553.10$64,748
Aug 2016021,59541.442.92$63,151
Jul 20161020,08841.622.92$59,160
Jun 2016020,26045.352.69$54,415
May 201610020,66242.521.99$45,391
Apr 20161118,81436.561.99$37,862
Mar 2016018,76833.011.79$33,670
Feb 20162115,97426.472.06$33,520
Jan 20167314,36227.352.36$35,953
Dec 20152320,05132.362.00$40,875
Nov 20156620,90538.792.17$47,868
Oct 201511122,71843.552.43$59,961
Sep 2015222,24042.992.76$61,433
Aug 2015023,50340.162.87$67,512
Jul 20157722,71548.152.95$70,605
Jun 2015121,78856.152.88$62,868
May 201510925,08855.212.96$80,164
Apr 2015725,52349.822.71$69,429
Mar 201511825,71542.892.93$80,527
Feb 2015024,46744.662.98$72,818
Jan 2015028,21443.433.10$87,481
Dec 2014029,67254.693.59$106,563
Nov 20149429,49870.464.25$132,044
Oct 2014031,92278.303.90$124,526
Sep 201413432,27286.164.05$142,100
Aug 201414334,67989.394.04$152,717
Jul 2014037,38096.564.18$156,233
Jun 201412940,18198.164.74$202,995
May 2014045,72594.734.73$216,122
Apr 201416053,14995.944.81$270,950
Mar 2014036,69195.895.06$185,539
Feb 20140097.406.19$0
Jan 20140090.404.86$0
Dec 20130091.824.35$0
Nov 20130088.853.74$0
Oct 20130097.423.78$0
Sep 201300104.113.72$0
Aug 201300104.253.52$0
Jul 201300102.523.72$0
Jun 20130094.403.93$0
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                8,425 Mcf  × $  3.05 =    $25,661

────────────────────────────────────────────────────
Month total                                  $25,661

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/270147 is the state's own key, not one this site invented.