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 275952District 09Field 65280200CondensateGasSaveExport
Value, all time
$8.4 M
Jun 2014 – May 2026
Value, last 12 filed months
$398 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
CondensateDisposition246 bbl$13,538
GasProduction2,551,480 Mcf$8,398,719
Total$8,412,256

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 202609,587106.413.05$29,200
Apr 202609,46898.932.87$27,171
Mar 202609,94189.753.15$31,309
Feb 202608,87663.503.75$33,288
Jan 202608,69859.138.00$69,566
Dec 202508,71156.664.41$38,445
Nov 202508,37758.593.93$32,892
Oct 202508,66559.383.30$28,636
Sep 202598,22062.743.08$25,857
Aug 202507,98463.933.01$24,070
Jul 202508,98566.743.32$29,787
Jun 202508,96966.483.13$28,061
May 202509,39860.553.23$30,377
Apr 202509,36562.363.54$33,181
Mar 202509,83167.704.27$41,962
Feb 202508,85470.884.34$38,434
Jan 202509,61774.324.28$41,148
Dec 202409,52068.993.12$29,715
Nov 202409,24069.052.20$20,314
Oct 202409,54671.372.28$21,778
Sep 202409,26769.612.36$21,911
Aug 202409,49675.632.06$19,596
Jul 202409,58579.932.15$20,575
Jun 202409,38178.082.63$24,709
May 202409,92978.812.20$21,828
Apr 202409,70384.451.66$16,099
Mar 202409,89380.301.55$15,286
Feb 202409,37676.091.78$16,723
Jan 2024010,02273.023.30$33,049
Dec 2023010,24671.262.61$26,749
Nov 202309,98577.892.81$28,033
Oct 2023010,17185.443.09$31,401
Sep 202309,75989.042.74$26,691
Aug 2023010,16080.522.67$27,156
Jul 2023010,28674.852.64$27,174
Jun 2023010,17168.962.26$22,971
May 2023010,81270.622.23$24,083
Apr 2023010,41978.122.24$23,315
Mar 2023010,97372.852.39$26,260
Feb 2023010,07775.112.47$24,847
Jan 2023011,00176.533.39$37,268
Dec 2022011,01376.415.73$63,094
Nov 2022010,95685.005.65$61,860
Oct 2022011,66087.185.86$68,371
Sep 2022011,59384.888.16$94,642
Aug 2022012,04194.529.13$109,900
Jul 2022012,081101.587.54$91,116
Jun 2022011,780115.097.98$93,971
May 2022012,171109.378.43$102,639
Apr 2022011,728104.226.84$80,191
Mar 2022012,134108.885.08$61,597
Feb 2022010,82091.054.86$52,573
Jan 2022011,50981.844.54$52,224
Dec 2021011,72671.323.90$45,721
Nov 2021011,75277.435.24$61,543
Oct 2021012,23179.795.71$69,886
Sep 2021011,82569.865.35$63,275
Aug 2021012,95066.024.22$54,657
Jul 2021012,92270.783.98$51,456
Jun 2021012,70969.493.38$42,964
May 2021012,81063.483.02$38,656
Apr 2021012,53360.362.76$34,571
Mar 2021012,96161.302.72$35,214
Feb 2021011,13757.805.55$61,788
Jan 2021013,23650.412.81$37,197
Dec 2020013,49844.642.68$36,113
Nov 2020013,15938.772.71$35,616
Oct 2020013,40436.972.48$33,221
Sep 2020013,03737.091.99$25,957
Aug 2020013,46439.982.39$32,113
Jul 2020013,80638.371.83$25,198
Jun 2020013,50434.901.69$22,826
May 2020014,48116.921.81$26,279
Apr 2020014,38814.751.80$25,961
Mar 2020015,13930.341.86$28,101
Feb 2020013,20849.881.98$26,161
Jan 2020014,50457.252.09$30,382
Dec 2019014,46159.012.30$33,323
Nov 2019013,60755.302.75$37,429
Oct 2019014,68853.472.42$35,524
Sep 2019014,35955.052.66$38,156
Aug 2019015,18953.112.30$35,001
Jul 2019015,40556.272.46$37,897
Jun 2019015,26552.782.49$38,028
May 2019015,82258.482.74$43,357
Apr 2019015,66062.632.75$43,076
Mar 2019016,28056.803.06$49,851
Feb 2019014,86750.852.79$41,512
Jan 2019016,43946.033.23$53,068
Dec 2018017,27746.594.19$72,312
Nov 2018016,83052.934.24$71,313
Oct 2018017,42761.443.40$59,218
Sep 2018017,09859.543.11$53,141
Aug 2018017,64959.403.07$54,122
Jul 2018017,01365.142.93$49,880
Jun 2018016,36860.183.08$50,363
May 2018018,07865.382.90$52,441
Apr 20183717,90263.842.90$54,292
Mar 2018018,78861.222.79$52,359
Feb 2018017,10061.782.77$47,301
Jan 2018019,74362.874.01$79,156
Dec 2017018,86257.272.92$55,106
Nov 2017018,03555.423.12$56,240
Oct 2017019,28149.292.98$57,528
Sep 2017018,92947.523.09$58,439
Aug 2017019,92545.373.00$59,863
Jul 2017019,86843.873.09$61,338
Jun 2017019,41542.493.09$59,940
May 2017020,49045.373.26$66,867
Apr 20174820,30347.933.21$67,506
Mar 2017021,09046.772.98$62,926
Feb 2017019,20150.452.95$56,693
Jan 2017021,88049.413.42$74,803
Dec 2016022,93248.763.72$85,372
Nov 2016022,51242.492.64$59,530
Oct 2016023,42146.193.09$72,377
Sep 2016023,03041.553.10$71,408
Aug 2016024,35441.442.92$71,219
Jul 2016024,43341.622.92$71,450
Jun 2016023,93645.352.69$64,288
May 2016024,28642.521.99$48,354
Apr 2016024,38836.561.99$48,557
Mar 2016025,81433.011.79$46,311
Feb 20163724,67026.472.06$51,889
Jan 2016027,29327.352.36$64,530
Dec 2015027,86132.362.00$55,761
Nov 2015027,62538.792.17$59,872
Oct 2015029,33443.552.43$71,181
Sep 2015029,38042.992.76$81,042
Aug 2015031,01940.162.87$89,102
Jul 2015032,12548.152.95$94,611
Jun 2015132,45156.152.88$93,608
May 20152535,17455.212.96$105,335
Apr 2015036,37349.822.71$98,446
Mar 2015039,38942.892.93$115,595
Feb 20153737,14244.662.98$112,194
Jan 2015042,74343.433.10$132,530
Dec 2014045,62854.693.59$163,867
Nov 2014046,20570.464.25$196,456
Oct 20143450,98978.303.90$201,568
Sep 2014954,05286.164.05$219,440
Aug 2014961,09289.394.04$247,318
Jul 2014070,78196.564.18$295,836
Jun 2014054,02098.164.74$255,886

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                9,587 Mcf  × $  3.05 =    $29,200

────────────────────────────────────────────────────
Month total                                  $29,200

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/275952 is the state's own key, not one this site invented.