ALEXANDER RANCH

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 276156District 09Field 65280200CondensateGasSaveExport
Value, all time
$3.6 M
Dec 2014 – May 2026
Value, last 12 filed months
$119 k
at the published price for each month
Months reported
138
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
CondensateDisposition174 bbl$11,072
GasProduction1,175,994 Mcf$3,611,919
Total$3,622,991

Every month this lease reported (138)

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

138 months

May 202603,926106.413.05$11,958
Apr 202603,13498.932.87$8,994
Mar 202603,45389.753.15$10,875
Feb 202601,97563.503.75$7,407
Jan 202603,09159.138.00$24,722
Dec 202503,70156.664.41$16,334
Nov 202503,39258.593.93$13,318
Oct 202502,30059.383.30$7,601
Sep 20251312762.743.08$1,206
Aug 2025046963.933.01$1,414
Jul 202502,44266.743.32$8,096
Jun 202502,40366.483.13$7,518
May 202503,13860.553.23$10,143
Apr 202503,39462.363.54$12,025
Mar 202503,61367.704.27$15,421
Feb 202502,31870.884.34$10,062
Jan 202503,04974.324.28$13,046
Dec 202401,76468.993.12$5,506
Nov 2024273,39769.052.20$9,332
Oct 202403,50971.372.28$8,005
Sep 202403,14169.612.36$7,426
Aug 202403,59375.632.06$7,415
Jul 202403,49979.932.15$7,511
Jun 202403,53878.082.63$9,319
May 202404,42278.812.20$9,722
Apr 202403,87684.451.66$6,431
Mar 202404,85780.301.55$7,505
Feb 202404,03576.091.78$7,197
Jan 202407,65173.023.30$25,230
Dec 202308,61271.262.61$22,484
Nov 2023244,57477.892.81$14,711
Oct 202304,56385.443.09$14,087
Sep 202304,64789.042.74$12,710
Aug 202304,13980.522.67$11,063
Jul 202305,67174.852.64$14,982
Jun 202304,45868.962.26$10,068
May 202305,34870.622.23$11,912
Apr 202305,35078.122.24$11,972
Mar 202304,21872.852.39$10,094
Feb 202303,40875.112.47$8,403
Jan 202303,90576.533.39$13,229
Dec 202203,31876.415.73$19,009
Nov 202203,29085.005.65$18,576
Oct 202203,60687.185.86$21,145
Sep 202204,69284.888.16$38,304
Aug 202205,33494.529.13$48,684
Jul 202205,861101.587.54$44,204
Jun 202205,240115.097.98$41,801
May 202206,671109.378.43$56,257
Apr 202206,563104.226.84$44,875
Mar 202207,029108.885.08$35,682
Feb 202205,02091.054.86$24,391
Jan 202205,04981.844.54$22,911
Dec 202104,64971.323.90$18,127
Nov 202103,87877.435.24$20,309
Oct 202105,00479.795.71$28,592
Sep 202105,76969.865.35$30,869
Aug 202105,67466.024.22$23,948
Jul 202105,76170.783.98$22,941
Jun 202105,79269.493.38$19,581
May 202105,94663.483.02$17,943
Apr 202106,54760.362.76$18,059
Mar 202106,78661.302.72$18,437
Feb 202103,61057.805.55$20,028
Jan 202105,55750.412.81$15,617
Dec 202006,03444.642.68$16,144
Nov 202005,59338.772.71$15,138
Oct 202006,27436.972.48$15,550
Sep 202006,36337.091.99$12,669
Aug 202006,20439.982.39$14,797
Jul 202006,41538.371.83$11,708
Jun 202006,14634.901.69$10,389
May 202006,22016.921.81$11,288
Apr 202006,10014.751.80$11,007
Mar 202007,49830.341.86$13,918
Feb 202007,25749.881.98$14,374
Jan 2020248,03757.252.09$18,209
Dec 201905,59659.012.30$12,895
Nov 201907,31055.302.75$20,108
Oct 201908,19453.472.42$19,818
Sep 201908,27755.052.66$21,994
Aug 201908,00953.112.30$18,456
Jul 201908,77856.272.46$21,594
Jun 201906,93452.782.49$17,274
May 201909,30658.482.74$25,501
Apr 201909,59462.632.75$26,390
Mar 201908,85256.803.06$27,106
Feb 201909,06550.852.79$25,311
Jan 201909,71746.033.23$31,368
Dec 201809,47546.594.19$39,657
Nov 201808,71552.934.24$36,928
Oct 201809,61761.443.40$32,679
Sep 2018269,11859.543.11$29,887
Aug 201809,99159.403.07$30,638
Jul 2018010,16465.142.93$29,800
Jun 2018010,49760.183.08$32,298
May 2018011,13865.382.90$32,309
Apr 2018259,80963.842.90$30,050
Mar 201809,86761.222.79$27,498
Feb 2018010,07861.782.77$27,877
Jan 201808,85262.874.01$35,491
Dec 2017358,30057.272.92$26,253
Nov 201708,80155.423.12$27,445
Oct 2017010,83849.292.98$32,337
Sep 2017011,38547.523.09$35,149
Aug 2017011,86445.373.00$35,644
Jul 2017010,06543.873.09$31,073
Jun 2017011,19542.493.09$34,562
May 2017013,55845.373.26$44,245
Apr 201708,44847.933.21$27,132
Mar 201706,83246.772.98$20,385
Feb 201708,99450.452.95$26,556
Jan 201708,66549.413.42$29,624
Dec 201606,26648.763.72$23,327
Nov 201609,24542.492.64$24,447
Oct 2016010,88546.193.09$33,637
Sep 2016011,35941.553.10$35,220
Aug 201609,79041.442.92$28,629
Jul 2016012,00441.622.92$35,104
Jun 2016013,29345.352.69$35,703
May 2016013,37642.521.99$26,632
Apr 2016013,66036.561.99$27,198
Mar 2016014,60533.011.79$26,202
Feb 2016015,14926.472.06$31,262
Jan 2016014,23527.352.36$33,657
Dec 2015016,79332.362.00$33,610
Nov 2015016,78338.792.17$36,374
Oct 2015018,76143.552.43$45,525
Sep 2015020,33542.992.76$56,092
Aug 2015023,74440.162.87$68,204
Jul 2015025,45748.152.95$74,973
Jun 2015026,14256.152.88$75,364
May 2015032,48755.212.96$96,014
Apr 2015033,56849.822.71$90,854
Mar 2015031,58042.892.93$92,678
Feb 2015031,73744.662.98$94,455
Jan 2015061,00943.433.10$189,166
Dec 2014094654.693.59$3,397

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                3,926 Mcf  × $  3.05 =    $11,958

────────────────────────────────────────────────────
Month total                                  $11,958

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/276156 is the state's own key, not one this site invented.