PYRAMID ACRES UNIT 1 (SA)

Operated by BKV BARNETT II, LLC (P-5 103758) 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 275400District 09Field 65280200CondensateGasSaveExport
Value, all time
$7.6 M
Jun 2014 – May 2026
Value, last 12 filed months
$279 k
at the published price for each month
Months reported
144
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
CondensateDisposition166 bbl$8,735
GasProduction2,309,045 Mcf$7,560,912
Total$7,569,647

Every month this lease reported (144)

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

144 months

May 202606,194106.413.05$18,866
Apr 202606,37198.932.87$18,283
Mar 202606,84889.753.15$21,567
Feb 202606,11663.503.75$22,937
Jan 202605,90059.138.00$47,188
Dec 202506,03356.664.41$26,626
Nov 202505,82558.593.93$22,872
Oct 202506,29759.383.30$20,811
Sep 202566,02762.743.08$18,921
Aug 202505,89163.933.01$17,760
Jul 202506,65966.743.32$22,076
Jun 202506,61566.483.13$20,696
May 202506,86960.553.23$22,203
Apr 202506,66662.363.54$23,618
Mar 202506,56367.704.27$28,013
Feb 202506,14770.884.34$26,683
Jan 202506,61774.324.28$28,312
Dec 202406,61568.993.12$20,648
Nov 202406,42169.052.20$14,116
Oct 202406,88671.372.28$15,710
Sep 202406,79169.612.36$16,056
Aug 202407,41475.632.06$15,300
Jul 202407,77679.932.15$16,692
Jun 202407,44478.082.63$19,607
May 202407,57878.812.20$16,660
Apr 202407,31784.451.66$12,140
Mar 202407,67880.301.55$11,864
Feb 202407,28476.091.78$12,992
Jan 202407,79073.023.30$25,689
Dec 202307,85571.262.61$20,507
Nov 202307,76077.892.81$21,787
Oct 202307,93785.443.09$24,504
Sep 202307,71989.042.74$21,112
Aug 202308,05580.522.67$21,530
Jul 202308,17374.852.64$21,591
Jun 202308,14568.962.26$18,395
May 202308,72170.622.23$19,425
Apr 202308,49778.122.24$19,014
Mar 202308,79572.852.39$21,048
Feb 202307,84875.112.47$19,351
Jan 202308,74576.533.39$29,626
Dec 202208,89476.415.73$50,954
Nov 202208,45785.005.65$47,750
Oct 202208,82687.185.86$51,754
Sep 202208,63984.888.16$70,526
Aug 202208,98194.529.13$81,971
Jul 202208,974101.587.54$67,683
Jun 202208,680115.097.98$69,242
May 202209,457109.378.43$79,751
Apr 202209,355104.226.84$63,966
Mar 202209,761108.885.08$49,551
Feb 202208,69091.054.86$42,223
Jan 202209,63581.844.54$43,721
Dec 202109,94771.323.90$38,785
Nov 202109,67377.435.24$50,656
Oct 2021010,03079.795.71$57,310
Sep 202109,84069.865.35$52,653
Aug 2021010,74566.024.22$45,350
Jul 2021010,86570.783.98$43,265
Jun 2021010,52769.493.38$35,588
May 2021010,40263.483.02$31,390
Apr 202109,97560.362.76$27,515
Mar 2021010,38861.302.72$28,224
Feb 2021010,10757.805.55$56,073
Jan 2021010,95950.412.81$30,798
Dec 2020011,18844.642.68$29,933
Nov 2020010,93638.772.71$29,599
Oct 2020011,54636.972.48$28,616
Sep 2020010,90437.091.99$21,710
Aug 2020011,09239.982.39$26,456
Jul 2020011,32738.371.83$20,673
Jun 2020011,27134.901.69$19,051
May 2020011,98416.921.81$21,748
Apr 2020012,04014.751.80$21,725
Mar 2020012,56430.341.86$23,322
Feb 2020011,80949.881.98$23,390
Jan 2020012,18657.252.09$25,527
Dec 2019012,37759.012.30$28,521
Nov 2019011,68455.302.75$32,139
Oct 2019012,63053.472.42$30,546
Sep 2019012,32155.052.66$32,740
Aug 2019012,89553.112.30$29,715
Jul 2019013,20356.272.46$32,480
Jun 2019013,12952.782.49$32,707
May 2019013,74958.482.74$37,677
Apr 2019013,75862.632.75$37,844
Mar 2019014,76156.803.06$45,200
Feb 2019013,46950.852.79$37,608
Jan 2019014,75846.033.23$47,641
Dec 2018015,37846.594.19$64,364
Nov 2018014,83652.934.24$62,864
Oct 2018015,58261.443.40$52,949
Sep 2018015,44059.543.11$47,988
Aug 2018016,05259.403.07$49,224
Jul 2018015,67765.142.93$45,963
Jun 2018015,14360.183.08$46,594
May 2018016,73865.382.90$48,554
Apr 20182516,12563.842.90$48,371
Mar 2018017,18961.222.79$47,903
Feb 2018015,50561.782.77$42,889
Jan 2018017,70862.874.01$70,997
Dec 2017017,48457.272.92$51,080
Nov 2017017,25555.423.12$53,807
Oct 2017018,72049.292.98$55,854
Sep 2017017,82147.523.09$55,018
Aug 2017018,63345.373.00$55,981
Jul 2017018,77643.873.09$57,967
Jun 2017018,30942.493.09$56,525
May 2017019,13745.373.26$62,452
Apr 20173918,09047.933.21$59,967
Mar 2017019,67546.772.98$58,704
Feb 2017017,79750.452.95$52,547
Jan 2017020,00949.413.42$68,407
Dec 2016019,77848.763.72$73,630
Nov 2016021,51842.492.64$56,901
Oct 2016021,85346.193.09$67,531
Sep 2016022,14741.553.10$68,670
Aug 2016022,16841.442.92$64,827
Jul 2016023,14241.622.92$67,675
Jun 2016023,17045.352.69$62,231
May 2016023,58542.521.99$46,959
Apr 2016023,96636.561.99$47,717
Mar 2016024,75733.011.79$44,414
Feb 20163724,16926.472.06$50,855
Jan 2016026,43427.352.36$62,499
Dec 2015027,16332.362.00$54,364
Nov 2015027,08238.792.17$58,696
Oct 2015028,91443.552.43$70,162
Sep 2015029,15342.992.76$80,416
Aug 2015030,96140.162.87$88,935
Jul 2015032,50048.152.95$95,715
Jun 2015033,58856.152.88$96,830
May 20151836,42155.212.96$108,634
Apr 2015036,31349.822.71$98,284
Mar 2015039,51042.892.93$115,950
Feb 20151337,29544.662.98$111,578
Jan 2015043,38443.433.10$134,518
Dec 2014046,83954.693.59$168,216
Nov 2014048,04170.464.25$204,263
Oct 20141352,78278.303.90$206,918
Sep 2014655,47986.164.05$224,954
Aug 2014962,59789.394.04$253,391
Jul 2014071,97796.564.18$300,835
Jun 2014057,01098.164.74$270,050

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                6,194 Mcf  × $  3.05 =    $18,866

────────────────────────────────────────────────────
Month total                                  $18,866

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/275400 is the state's own key, not one this site invented.