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 275953District 09Field 65280200CondensateGasSaveExport
Value, all time
$8.8 M
Jun 2014 – May 2026
Value, last 12 filed months
$399 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
CondensateDisposition185 bbl$10,156
GasProduction2,684,901 Mcf$8,788,363
Total$8,798,519

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 202609,672106.413.05$29,459
Apr 202609,41198.932.87$27,007
Mar 202609,71389.753.15$30,591
Feb 202608,80763.503.75$33,029
Jan 202608,78559.138.00$70,262
Dec 202509,06756.664.41$40,016
Nov 202508,52158.593.93$33,457
Oct 202508,87559.383.30$29,330
Sep 202568,35462.743.08$26,081
Aug 202508,04363.933.01$24,248
Jul 202509,02666.743.32$29,923
Jun 202508,31866.483.13$26,025
May 202508,37260.553.23$27,061
Apr 202508,27862.363.54$29,330
Mar 202508,54567.704.27$36,473
Feb 202507,96770.884.34$34,583
Jan 202509,70774.324.28$41,533
Dec 202409,80368.993.12$30,599
Nov 202409,50969.052.20$20,905
Oct 202409,79071.372.28$22,335
Sep 202409,48769.612.36$22,431
Aug 202409,43375.632.06$19,466
Jul 202409,46979.932.15$20,326
Jun 202409,29878.082.63$24,491
May 202409,76878.812.20$21,474
Apr 202409,61984.451.66$15,960
Mar 2024010,18680.301.55$15,739
Feb 202409,66176.091.78$17,232
Jan 2024010,63973.023.30$35,084
Dec 2023010,61871.262.61$27,721
Nov 2023010,27177.892.81$28,836
Oct 2023010,23085.443.09$31,583
Sep 202309,78089.042.74$26,749
Aug 2023010,11080.522.67$27,023
Jul 2023010,55074.852.64$27,871
Jun 2023010,10868.962.26$22,829
May 202309,84370.622.23$21,924
Apr 202309,69478.122.24$21,693
Mar 2023010,35872.852.39$24,788
Feb 202309,65375.112.47$23,801
Jan 2023010,27076.533.39$34,792
Dec 2022010,68676.415.73$61,221
Nov 2022010,03785.005.65$56,671
Oct 2022010,58887.185.86$62,085
Sep 2022010,42284.888.16$85,082
Aug 2022010,94894.529.13$99,924
Jul 2022010,973101.587.54$82,759
Jun 2022010,801115.097.98$86,162
May 2022011,598109.378.43$97,806
Apr 2022011,584104.226.84$79,207
Mar 2022012,085108.885.08$61,348
Feb 2022010,97191.054.86$53,306
Jan 2022012,33081.844.54$55,950
Dec 2021012,53171.323.90$48,860
Nov 2021012,43977.435.24$65,141
Oct 2021012,91279.795.71$73,777
Sep 2021011,93569.865.35$63,863
Aug 2021012,96266.024.22$54,707
Jul 2021013,35870.783.98$53,193
Jun 2021013,26169.493.38$44,830
May 2021013,12563.483.02$39,607
Apr 2021012,71560.362.76$35,073
Mar 2021013,30461.302.72$36,146
Feb 2021012,60657.805.55$69,937
Jan 2021013,47950.412.81$37,880
Dec 2020013,47444.642.68$36,049
Nov 2020013,00338.772.71$35,194
Oct 2020013,70536.972.48$33,967
Sep 2020013,03737.091.99$25,957
Aug 2020013,25639.982.39$31,617
Jul 2020013,48838.371.83$24,617
Jun 2020013,13934.901.69$22,209
May 2020013,61116.921.81$24,701
Apr 2020012,04014.751.80$21,725
Mar 2020012,56430.341.86$23,322
Feb 2020012,87749.881.98$25,505
Jan 2020014,96657.252.09$31,350
Dec 2019015,31359.012.30$35,287
Nov 2019014,59155.302.75$40,135
Oct 2019015,78353.472.42$38,172
Sep 2019015,21255.052.66$40,423
Aug 2019015,78153.112.30$36,365
Jul 2019015,90556.272.46$39,127
Jun 2019015,98152.782.49$39,812
May 2019016,86958.482.74$46,226
Apr 2019016,45662.632.75$45,266
Mar 2019017,15556.803.06$52,530
Feb 2019016,13950.852.79$45,064
Jan 2019017,92846.033.23$57,875
Dec 2018018,83646.594.19$78,837
Nov 2018018,10952.934.24$76,732
Oct 2018019,01961.443.40$64,628
Sep 2018018,39959.543.11$57,184
Aug 2018018,65259.403.07$57,197
Jul 2018018,02165.142.93$52,835
Jun 2018017,64160.183.08$54,280
May 2018019,81365.382.90$57,474
Apr 20182318,79563.842.90$55,989
Mar 2018020,16561.222.79$56,197
Feb 2018018,62161.782.77$51,508
Jan 2018021,43762.874.01$85,948
Dec 2017020,63957.272.92$60,297
Nov 2017020,23555.423.12$63,100
Oct 2017021,57749.292.98$64,379
Sep 2017020,16447.523.09$62,252
Aug 2017021,08545.373.00$63,348
Jul 2017021,18543.873.09$65,404
Jun 2017020,67242.493.09$63,820
May 2017021,58545.373.26$70,440
Apr 20172921,25147.933.21$69,640
Mar 2017022,21046.772.98$66,268
Feb 2017019,94250.452.95$58,881
Jan 2017023,90649.413.42$81,730
Dec 2016024,85948.763.72$92,546
Nov 2016024,04342.492.64$63,578
Oct 2016025,42446.193.09$78,567
Sep 2016025,30841.553.10$78,471
Aug 2016026,67641.442.92$78,010
Jul 2016027,26441.622.92$79,729
Jun 2016026,99345.352.69$72,499
May 2016027,34842.521.99$54,451
Apr 2016027,35636.561.99$54,467
Mar 2016028,93933.011.79$51,917
Feb 20162627,72726.472.06$57,906
Jan 2016030,30327.352.36$71,647
Dec 2015030,90532.362.00$61,854
Nov 2015030,90038.792.17$66,971
Oct 2015032,89143.552.43$79,813
Sep 2015032,67842.992.76$90,140
Aug 2015034,34340.162.87$98,650
Jul 2015035,63348.152.95$104,942
Jun 2015036,66456.152.88$105,697
May 20152539,43155.212.96$117,917
Apr 2015040,10449.822.71$108,544
Mar 2015043,01942.892.93$126,248
Feb 20153740,26744.662.98$121,495
Jan 2015046,75843.433.10$144,979
Dec 2014049,52754.693.59$177,869
Nov 2014050,73870.464.25$215,730
Oct 20142455,86878.303.90$219,818
Sep 2014658,51686.164.05$237,240
Aug 2014965,41889.394.04$264,774
Jul 2014073,36096.564.18$306,615
Jun 2014056,15198.164.74$265,981

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                9,672 Mcf  × $  3.05 =    $29,459

────────────────────────────────────────────────────
Month total                                  $29,459

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/275953 is the state's own key, not one this site invented.