MCGUFFIN 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 270710District 09Field 65280200CondensateGasSaveExport
Value, all time
$4.5 M
Jan 2013 – May 2026
Value, last 12 filed months
$195 k
at the published price for each month
Months reported
161
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
CondensateDisposition2,364 bbl$137,162
GasProduction1,276,995 Mcf$4,397,280
Total$4,534,441

Every month this lease reported (161)

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

161 months

May 202604,705106.413.05$14,331
Apr 202604,13598.932.87$11,866
Mar 202604,22389.753.15$13,300
Feb 202603,73963.503.75$14,022
Jan 202604,12559.138.00$32,991
Dec 202504,13956.664.41$18,267
Nov 202504,19958.593.93$16,487
Oct 202504,55159.383.30$15,040
Sep 202504,60962.743.08$14,182
Aug 202504,79663.933.01$14,459
Jul 202504,86666.743.32$16,132
Jun 202504,58166.483.13$14,333
May 202504,43360.553.23$14,329
Apr 202504,21062.363.54$14,917
Mar 202504,28667.704.27$18,294
Feb 202503,77070.884.34$16,365
Jan 202504,23874.324.28$18,133
Dec 202404,24668.993.12$13,253
Nov 202404,50869.052.20$9,911
Oct 202404,95871.372.28$11,311
Sep 202404,94269.612.36$11,685
Aug 202405,23275.632.06$10,797
Jul 202405,22279.932.15$11,209
Jun 202405,04478.082.63$13,286
May 202404,99978.812.20$10,990
Apr 202404,62384.451.66$7,670
Mar 202404,69980.301.55$7,261
Feb 202404,36176.091.78$7,778
Jan 202404,78173.023.30$15,766
Dec 202304,85571.262.61$12,675
Nov 202304,06777.892.81$11,418
Oct 202304,55685.443.09$14,066
Sep 202304,55789.042.74$12,464
Aug 202304,83180.522.67$12,913
Jul 202304,98274.852.64$13,161
Jun 202304,91068.962.26$11,089
May 202304,89170.622.23$10,894
Apr 202304,82878.122.24$10,804
Mar 202304,75872.852.39$11,387
Feb 202304,31475.112.47$10,637
Jan 20231794,91476.533.39$30,346
Dec 202205,67276.415.73$32,495
Nov 202206,37685.005.65$36,000
Oct 202206,99387.185.86$41,005
Sep 202207,17084.888.16$58,534
Aug 202202,64294.529.13$24,114
Jul 202204,860101.587.54$36,655
Jun 202204,785115.097.98$38,171
May 202205,885109.378.43$49,628
Apr 202205,603104.226.84$38,311
Mar 202205,690108.885.08$28,885
Feb 202204,70991.054.86$22,880
Jan 202205,22781.844.54$23,718
Dec 202105,22771.323.90$20,381
Nov 202105,18477.435.24$27,148
Oct 202175,46279.795.71$31,768
Sep 202105,13669.865.35$27,482
Aug 202105,55666.024.22$23,450
Jul 202105,54170.783.98$22,065
Jun 202105,33969.493.38$18,049
May 20211485,47863.483.02$25,926
Apr 202105,54260.362.76$15,287
Mar 202105,99761.302.72$16,293
Feb 202105,45257.805.55$30,247
Jan 202106,12250.412.81$17,204
Dec 202006,11344.642.68$16,355
Nov 202005,79038.772.71$15,671
Oct 202006,14136.972.48$15,220
Sep 202006,10637.091.99$12,157
Aug 202006,39439.982.39$15,250
Jul 202006,20038.371.83$11,316
Jun 202006,67834.901.69$11,288
May 202007,07616.921.81$12,841
Apr 20201806,68914.751.80$14,725
Mar 202006,95030.341.86$12,901
Feb 202005,94149.881.98$11,767
Jan 202007,09557.252.09$14,862
Dec 201907,03459.012.30$16,209
Nov 201906,59255.302.75$18,133
Oct 201907,03453.472.42$17,012
Sep 201906,75255.052.66$17,942
Aug 201907,21553.112.30$16,626
Jul 201908,05156.272.46$19,806
Jun 201907,27652.782.49$18,126
May 201907,58458.482.74$20,783
Apr 201907,32662.632.75$20,152
Mar 20191867,58956.803.06$33,803
Feb 201906,98450.852.79$19,501
Jan 201907,34446.033.23$23,708
Dec 2018147,74046.594.19$33,048
Nov 201807,71452.934.24$32,686
Oct 201806,99661.443.40$23,773
Sep 201807,49759.543.11$23,301
Aug 201807,60759.403.07$23,327
Jul 201808,03865.142.93$23,566
Jun 201807,73860.183.08$23,809
May 201807,97265.382.90$23,125
Apr 20181847,89363.842.90$34,643
Mar 2018158,25261.222.79$23,915
Feb 201807,59361.782.77$21,003
Jan 2018147,48762.874.01$30,898
Dec 201708,34657.272.92$24,383
Nov 201708,28355.423.12$25,829
Oct 201708,83049.292.98$26,346
Sep 2017138,23647.523.09$26,045
Aug 201709,04345.373.00$27,169
Jul 201708,85343.873.09$27,332
Jun 201708,55642.493.09$26,415
May 2017149,25145.373.26$30,825
Apr 201708,47547.933.21$27,218
Mar 20171048,93346.772.98$31,517
Feb 201708,05750.452.95$23,789
Jan 201798,38749.413.42$29,118
Dec 20161428,66748.763.72$39,190
Nov 201608,86542.492.64$23,442
Oct 2016109,32146.193.09$29,266
Sep 201609,16441.553.10$28,414
Aug 201609,68141.442.92$28,311
Jul 201669,92241.622.92$29,265
Jun 20161299,78445.352.69$32,128
May 201610210,27142.521.99$24,787
Apr 201668,69936.561.99$17,539
Mar 201609,47133.011.79$16,991
Feb 2016129,08726.472.06$19,070
Jan 201611410,22627.352.36$27,296
Dec 20151310,77532.362.00$21,986
Nov 2015010,50238.792.17$22,761
Oct 2015011,11043.552.43$26,959
Sep 2015010,93942.992.76$30,174
Aug 20159511,45140.162.87$36,708
Jul 2015011,52448.152.95$33,939
Jun 2015011,30256.152.88$32,582
May 2015011,79255.212.96$34,851
Apr 201518611,30349.822.71$39,859
Mar 2015111,99242.892.93$35,236
Feb 2015011,16044.662.98$33,214
Jan 2015012,62243.433.10$39,136
Dec 2014012,75054.693.59$45,790
Nov 2014012,68670.464.25$53,939
Oct 2014013,29778.303.90$51,871
Sep 2014013,37786.164.05$54,116
Aug 20149414,01389.394.04$64,947
Jul 2014014,71696.564.18$61,507
Jun 2014014,75998.164.74$69,912
May 201419615,99594.734.73$94,168
Apr 2014015,15095.944.81$72,858
Mar 2014015,61795.895.06$78,972
Feb 2014015,56697.406.19$96,385
Jan 2014018,46590.404.86$89,753
Dec 201319119,36591.824.35$101,862
Nov 2013020,30588.853.74$75,906
Oct 2013021,28397.423.78$80,436
Sep 2013023,312104.113.72$86,668
Aug 2013026,878104.253.52$94,681
Jul 2013030,658102.523.72$113,978
Jun 2013030,11194.403.93$118,439
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

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                4,705 Mcf  × $  3.05 =    $14,331

────────────────────────────────────────────────────
Month total                                  $14,331

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/270710 is the state's own key, not one this site invented.