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 270151District 09Field 65280200CondensateGasSaveExport
Value, all time
$1.0 M
Dec 2012 – May 2026
Value, last 12 filed months
$40 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
CondensateDisposition628 bbl$46,886
GasProduction240,961 Mcf$970,327
Total$1,017,213

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 20260918106.413.05$2,796
Apr 2026090398.932.87$2,591
Mar 2026089089.753.15$2,803
Feb 2026069763.503.75$2,614
Jan 2026090159.138.00$7,206
Dec 2025091856.664.41$4,051
Nov 2025091658.593.93$3,597
Oct 2025093359.383.30$3,083
Sep 2025087662.743.08$2,695
Aug 2025089563.933.01$2,698
Jul 2025087166.743.32$2,888
Jun 2025088066.483.13$2,753
May 2025088360.553.23$2,854
Apr 2025089362.363.54$3,164
Mar 2025086267.704.27$3,679
Feb 20250670.884.34$26
Jan 2025076174.324.28$3,256
Dec 2024081068.993.12$2,528
Nov 2024074669.052.20$1,640
Oct 2024087471.372.28$1,994
Sep 2024090969.612.36$2,149
Aug 2024099075.632.06$2,043
Jul 2024093779.932.15$2,011
Jun 2024085178.082.63$2,242
May 2024087578.812.20$1,924
Apr 2024091084.451.66$1,510
Mar 2024076880.301.55$1,187
Feb 2024045176.091.78$804
Jan 2024094773.023.30$3,123
Dec 2023083671.262.61$2,183
Nov 2023033977.892.81$952
Oct 2023074585.443.09$2,300
Sep 2023039789.042.74$1,086
Aug 2023033580.522.67$895
Jul 20230074.852.64$0
Jun 20230068.962.26$0
May 202309570.622.23$212
Apr 2023022978.122.24$512
Mar 202304072.852.39$96
Feb 2023076275.112.47$1,879
Jan 2023098276.533.39$3,327
Dec 2022091076.415.73$5,213
Nov 2022092485.005.65$5,217
Oct 2022091687.185.86$5,371
Sep 2022028584.888.16$2,327
Aug 2022033494.529.13$3,048
Jul 20220404101.587.54$3,047
Jun 20220438115.097.98$3,494
May 20220437109.378.43$3,685
Apr 20220246104.226.84$1,682
Mar 20220309108.885.08$1,569
Feb 2022850491.054.86$3,177
Jan 2022028081.844.54$1,271
Dec 2021231671.323.90$1,375
Nov 2021326677.435.24$1,625
Oct 2021140279.795.71$2,377
Sep 2021030069.865.35$1,605
Aug 2021044266.024.22$1,866
Jul 2021050270.783.98$1,999
Jun 2021052569.493.38$1,775
May 2021054163.483.02$1,633
Apr 2021447960.362.76$1,563
Mar 2021046061.302.72$1,250
Feb 2021020457.805.55$1,132
Jan 2021329650.412.81$983
Dec 2020024344.642.68$650
Nov 2020023838.772.71$644
Oct 2020026336.972.48$652
Sep 2020024337.091.99$484
Aug 2020033539.982.39$799
Jul 2020032638.371.83$595
Jun 2020036834.901.69$622
May 2020041616.921.81$755
Apr 2020034614.751.80$624
Mar 2020043130.341.86$800
Feb 2020239449.881.98$880
Jan 2020039657.252.09$830
Dec 2019044659.012.30$1,028
Nov 2019040355.302.75$1,109
Oct 2019140953.472.42$1,043
Sep 2019940755.052.66$1,577
Aug 20193353.112.30$166
Jul 20190056.272.46$0
Jun 20190052.782.49$0
May 20190058.482.74$0
Apr 20190062.632.75$0
Mar 20190056.803.06$0
Feb 20190050.852.79$0
Jan 20190046.033.23$0
Dec 20183146.594.19$144
Nov 20180052.934.24$0
Oct 20180061.443.40$0
Sep 20180059.543.11$0
Aug 2018101359.403.07$634
Jul 20180065.142.93$0
Jun 20185660.183.08$319
May 2018032365.382.90$937
Apr 201801,17963.842.90$3,420
Mar 20181943061.222.79$2,362
Feb 20180061.782.77$0
Jan 20186662.874.01$401
Dec 20170357.272.92$9
Nov 20170055.423.12$0
Oct 201711349.292.98$551
Sep 2017646047.523.09$1,705
Aug 20170645.373.00$18
Jul 201701043.873.09$31
Jun 20170242.493.09$6
May 201761,39745.373.26$4,831
Apr 20170147.933.21$3
Mar 20175746.772.98$255
Feb 20172250.452.95$107
Jan 20177649.413.42$366
Dec 20161348.763.72$60
Nov 20161372942.492.64$2,480
Oct 201641,41946.193.09$4,570
Sep 2016876841.553.10$2,714
Aug 2016045741.442.92$1,336
Jul 201631,93941.622.92$5,795
Jun 20160245.352.69$5
May 201611142.521.99$64
Apr 201631,72336.561.99$3,540
Mar 201602,43533.011.79$4,368
Feb 201651,27126.472.06$2,755
Jan 20165027.352.36$137
Dec 2015121,67232.362.00$3,735
Nov 2015293,42438.792.17$8,546
Oct 201513,47843.552.43$8,483
Sep 201574,20742.992.76$11,906
Aug 201504,13040.162.87$11,863
Jul 201525,80448.152.95$17,190
Jun 201511,09856.152.88$3,222
May 2015124,13155.212.96$12,871
Apr 2015231,95749.822.71$6,443
Mar 2015264,19542.892.93$13,426
Feb 201505,21444.662.98$15,518
Jan 201504,05143.433.10$12,561
Dec 201404,11154.693.59$14,764
Nov 2014145,02670.464.25$22,356
Oct 201405,92578.303.90$23,113
Sep 2014305,95286.164.05$26,663
Aug 2014168,00489.394.04$33,727
Jul 201409,37996.564.18$39,200
Jun 2014679,13898.164.74$49,862
May 2014012,09994.734.73$57,187
Apr 201422916,53295.944.81$101,475
Mar 2014036,73195.895.06$185,741
Feb 2014012,38897.406.19$76,707
Jan 201407,66690.404.86$37,262
Dec 20130091.824.35$0
Nov 20130088.853.74$0
Oct 201301,71997.423.78$6,497
Sep 201300104.113.72$0
Aug 201300104.253.52$0
Jul 20130533102.523.72$1,982
Jun 201302,56794.403.93$10,097
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                  918 Mcf  × $  3.05 =     $2,796

────────────────────────────────────────────────────
Month total                                   $2,796

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/270151 is the state's own key, not one this site invented.