CHAPEL CREEK

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 277090District 09Field 65280200GasSaveExport
Value, all time
$5.3 M
Mar 2015 – May 2026
Value, last 12 filed months
$178 k
at the published price for each month
Months reported
135
no gaps in the span
Streams
1
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
GasProduction1,730,300 Mcf$5,260,407
Total$5,260,407

Every month this lease reported (135)

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

135 months

May 20263,115106.413.05$9,488
Apr 20266,38298.932.87$18,315
Mar 20266,66989.753.15$21,004
Feb 202632863.503.75$1,230
Jan 20261,61159.138.00$12,885
Dec 20252,72656.664.41$12,031
Nov 20252,30658.593.93$9,054
Oct 20254,42059.383.30$14,607
Sep 20256,33462.743.08$19,489
Aug 20256,48963.933.01$19,563
Jul 20256,44266.743.32$21,357
Jun 20256,08966.483.13$19,051
May 20256,24460.553.23$20,183
Apr 20255,95862.363.54$21,110
Mar 20256,13267.704.27$26,173
Feb 20255,85970.884.34$25,433
Jan 20256,20874.324.28$26,562
Dec 20246,27768.993.12$19,593
Nov 20246,14769.052.20$13,514
Oct 20247,57871.372.28$17,288
Sep 20248,70069.612.36$20,570
Aug 20248,98475.632.06$18,540
Jul 20248,58379.932.15$18,424
Jun 20247,97878.082.63$21,014
May 20247,49878.812.20$16,484
Apr 20247,07984.451.66$11,745
Mar 20248,25780.301.55$12,758
Feb 20247,48676.091.78$13,352
Jan 20248,44173.023.30$27,836
Dec 20238,37671.262.61$21,867
Nov 20238,16677.892.81$22,927
Oct 20238,61185.443.09$26,585
Sep 20238,39889.042.74$22,969
Aug 20238,74280.522.67$23,366
Jul 20238,89074.852.64$23,486
Jun 20238,31568.962.26$18,779
May 20238,34570.622.23$18,588
Apr 20238,58978.122.24$19,220
Mar 20238,53272.852.39$20,418
Feb 20237,93175.112.47$19,555
Jan 20237,66576.533.39$25,967
Dec 20227,37176.415.73$42,229
Nov 20226,86785.005.65$38,772
Oct 20227,27987.185.86$42,682
Sep 20227,14784.888.16$58,346
Aug 20227,18394.529.13$65,560
Jul 20226,751101.587.54$50,917
Jun 20226,545115.097.98$52,211
May 20227,172109.378.43$60,482
Apr 20226,926104.226.84$47,357
Mar 20227,226108.885.08$36,682
Feb 20226,94991.054.86$33,764
Jan 20227,75481.844.54$35,185
Dec 20218,81171.323.90$34,355
Nov 20218,21377.435.24$43,010
Oct 202110,53679.795.71$60,201
Sep 20219,13469.865.35$48,875
Aug 202110,09266.024.22$42,594
Jul 202110,15270.783.98$40,426
Jun 20219,66769.493.38$32,680
May 202110,33363.483.02$31,182
Apr 202110,44260.362.76$28,803
Mar 202111,25361.302.72$30,574
Feb 20219,24257.805.55$51,274
Jan 20219,43050.412.81$26,501
Dec 20209,98544.642.68$26,714
Nov 20209,89238.772.71$26,773
Oct 20209,41736.972.48$23,339
Sep 20209,19137.091.99$18,300
Aug 20209,74039.982.39$23,231
Jul 202010,17638.371.83$18,572
Jun 202010,08234.901.69$17,042
May 20209,92316.921.81$18,008
Apr 20209,72014.751.80$17,539
Mar 202010,14530.341.86$18,831
Feb 20209,36749.881.98$18,553
Jan 202010,74757.252.09$22,512
Dec 201910,59459.012.30$24,412
Nov 20199,99355.302.75$27,488
Oct 20199,76653.472.42$23,619
Sep 201910,35355.052.66$27,511
Aug 201910,78253.112.30$24,846
Jul 201910,73256.272.46$26,401
Jun 201910,63352.782.49$26,489
May 201912,74658.482.74$34,928
Apr 201917,64062.632.75$48,522
Mar 201913,28456.803.06$40,677
Feb 201911,29650.852.79$31,541
Jan 201912,33746.033.23$39,826
Dec 201812,37246.594.19$51,782
Nov 201811,72652.934.24$49,686
Oct 201812,56061.443.40$42,680
Sep 201813,26659.543.11$41,231
Aug 201814,09259.403.07$43,214
Jul 201814,37565.142.93$42,146
Jun 201813,83960.183.08$42,582
May 201817,93865.382.90$52,035
Apr 201814,51163.842.90$42,094
Mar 201814,13661.222.79$39,395
Feb 201815,17061.782.77$41,962
Jan 201816,65662.874.01$66,779
Dec 201715,08557.272.92$44,071
Nov 201714,94455.423.12$46,601
Oct 201717,11549.292.98$51,066
Sep 201717,64647.523.09$54,478
Aug 201715,20145.373.00$45,670
Jul 201718,00143.873.09$55,574
Jun 201717,18442.493.09$53,052
May 201717,69345.373.26$57,739
Apr 201718,29947.933.21$58,769
Mar 201719,37846.772.98$57,818
Feb 201718,61350.452.95$54,957
Jan 201720,19349.413.42$69,036
Dec 201619,74548.763.72$73,507
Nov 201618,80442.492.64$49,724
Oct 201620,06646.193.09$62,009
Sep 201617,37141.553.10$53,861
Aug 201621,34141.442.92$62,408
Jul 201623,17241.622.92$67,763
Jun 201626,00445.352.69$69,842
May 201625,19842.521.99$50,170
Apr 201623,86736.561.99$47,520
Mar 201625,72233.011.79$46,146
Feb 201623,86926.472.06$49,257
Jan 201625,01827.352.36$59,152
Dec 201526,25832.362.00$52,553
Nov 201522,02538.792.17$47,735
Oct 201525,64043.552.43$62,218
Sep 201526,27442.992.76$72,475
Aug 201531,02040.162.87$89,105
Jul 201534,21348.152.95$100,760
Jun 201535,50756.152.88$102,362
May 201541,92355.212.96$123,901
Apr 201547,46149.822.71$128,457
Mar 201551,91342.892.93$152,350

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
Gas                3,115 Mcf  × $  3.05 =     $9,488

────────────────────────────────────────────────────
Month total                                   $9,488

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/277090 is the state's own key, not one this site invented.