SMITH, PEGGY GAS UNIT "A"

Operated by BKV BARNETT, LLC (P-5 72504) 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 159818District 09Field 652802002 tax incentive programmesCondensateGasSaveExport
Value, all time
$7.8 M
Jul 1996 – May 2026
Value, last 12 filed months
$90 k
at the published price for each month
Months reported
359
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

Severance-tax incentive filings

Applications the operator filed to have this lease's gas taxed at a reduced state rate. A filing is an application, and this page never calls one a reduction that was granted.

ProgrammeFilingsWith an approval dateDatedDocket
High Cost Gas111996-10-11135467
NGPA1none

This says nothing about a royalty. A severance tax is charged to the operator. Whether a reduced rate reaches a royalty owner depends on the wording of the lease instrument, which is a private contract this site does not hold.

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
CondensateDisposition141 bbl$4,355
GasProduction1,842,883 Mcf$7,822,873
Total$7,827,229

111,835 Mcf of this lease's gas, across 5 months, carries no value here. No free Texas wellhead gas price exists before 1997, so those months are left out of the total rather than valued at zero. The total above is therefore a floor, not an estimate.

Wells on this lease (1)

Every wellbore the Railroad Commission records against this lease key, with the depth, the last completion and the plug date exactly as filed. A well with no plug date is not stated to be producing — the state files no such flag.

These wells centre on 33.1538, -97.3642. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

33.15382, -97.36421 · centre of the wells drawn, derived

What these wells add up to

Every figure below is counted over all of this lease's wells, not over the rows listed above. The Railroad Commission files two facts about a well's state — a plug date and a proration-schedule flag — and a well can carry both, so they are published as separate counts and never merged into a status.

On the schedule
0.0%
0 of 1 wells
With a plug date
0.0%
0 of 1 wells
Median depth
8,225 ft
1 wells filed one
Completion to plug
no well filed both dates

What the state filed about each well

On the RRC proration schedule
00.0%
A plug date is filed
00.0%
BothOn the schedule and plugged. Neither fact cancels the other.
00.0%
NeitherNo plug date, and not on the schedule.
1100.0%

A plug date is the date the Commission recorded the wellbore as sealed with cement and abandoned. It is the only end-of-life fact Texas files. There is no "active" flag on a well, so this page does not print one — a well with no plug date is not stated to be producing.

How deep they were drilled

The one well that filed a depth was drilled to 8,225 ft.

Completions filed
Jul 1996
1 of 1 wells

1 well

42-1213062518,225 ftJul 1996

The API number is the state's, prefixed 42 for Texas. A well is matched to this lease by the lease key the Commission files on the wellbore record, so a well that has moved between leases appears under each one it was filed against.

Every month this lease reported (359)

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

359 months

May 202602,052106.413.05$6,250
Apr 202602,00298.932.87$5,745
Mar 202601,96589.753.15$6,189
Feb 202601,80663.503.75$6,773
Jan 202601,63859.138.00$13,101
Dec 202502,04356.664.41$9,016
Nov 202502,02558.593.93$7,951
Oct 202502,22359.383.30$7,347
Sep 202502,08962.743.08$6,428
Aug 202502,25763.933.01$6,804
Jul 202502,27366.743.32$7,535
Jun 202502,15766.483.13$6,749
May 202502,30860.553.23$7,460
Apr 202502,45662.363.54$8,702
Mar 202502,49967.704.27$10,667
Feb 202502,25070.884.34$9,767
Jan 202502,50274.324.28$10,705
Dec 202402,52368.993.12$7,875
Nov 202402,44469.052.20$5,373
Oct 202402,56571.372.28$5,852
Sep 202402,51269.612.36$5,939
Aug 202402,59775.632.06$5,359
Jul 202402,53679.932.15$5,444
Jun 202402,45278.082.63$6,459
May 202402,55078.812.20$5,606
Apr 202402,46284.451.66$4,085
Mar 202402,58580.301.55$3,994
Feb 202402,61776.091.78$4,668
Jan 202402,72173.023.30$8,973
Dec 202302,62371.262.61$6,848
Nov 202302,60377.892.81$7,308
Oct 202302,56685.443.09$7,922
Sep 202302,14289.042.74$5,858
Aug 202302,30280.522.67$6,153
Jul 202302,40374.852.64$6,348
Jun 202302,28168.962.26$5,152
May 202302,39270.622.23$5,328
Apr 202302,30378.122.24$5,154
Mar 202302,42772.852.39$5,808
Feb 202302,19075.112.47$5,400
Jan 202302,40976.533.39$8,161
Dec 202202,10776.415.73$12,071
Nov 202202,26285.005.65$12,772
Oct 202202,38487.185.86$13,979
Sep 202202,32884.888.16$19,005
Aug 202202,59894.529.13$23,712
Jul 202202,652101.587.54$20,002
Jun 202202,429115.097.98$19,377
May 202202,450109.378.43$20,661
Apr 202202,408104.226.84$16,465
Mar 202202,455108.885.08$12,463
Feb 202202,18491.054.86$10,612
Jan 202202,39581.844.54$10,868
Dec 202102,50871.323.90$9,779
Nov 202102,49477.435.24$13,061
Oct 202102,65779.795.71$15,182
Sep 202102,51469.865.35$13,452
Aug 202102,62766.024.22$11,087
Jul 202102,64270.783.98$10,521
Jun 202102,51769.493.38$8,509
May 202102,54563.483.02$7,680
Apr 202102,67760.362.76$7,384
Mar 202102,82961.302.72$7,686
Feb 202102,29357.805.55$12,721
Jan 202102,93150.412.81$8,237
Dec 202002,95144.642.68$7,895
Nov 202002,86938.772.71$7,765
Oct 202002,89336.972.48$7,170
Sep 202002,74637.091.99$5,467
Aug 202002,86739.982.39$6,838
Jul 202002,78938.371.83$5,090
Jun 202002,73134.901.69$4,616
May 202002,82516.921.81$5,127
Apr 202002,57914.751.80$4,654
Mar 202002,99830.341.86$5,565
Feb 202003,09249.881.98$6,124
Jan 202003,22257.252.09$6,749
Dec 201902,96459.012.30$6,830
Nov 201901,99655.302.75$5,490
Oct 201902,62553.472.42$6,349
Sep 201902,40055.052.66$6,377
Aug 201902,48553.112.30$5,726
Jul 201902,38256.272.46$5,860
Jun 201902,11052.782.49$5,256
May 201902,44558.482.74$6,700
Apr 201902,16362.632.75$5,950
Mar 201902,52856.803.06$7,741
Feb 201902,26550.852.79$6,324
Jan 201902,64746.033.23$8,545
Dec 201802,73846.594.19$11,460
Nov 201802,61852.934.24$11,093
Oct 201802,82961.443.40$9,613
Sep 201802,76659.543.11$8,597
Aug 201802,75659.403.07$8,451
Jul 201802,75865.142.93$8,086
Jun 201802,76460.183.08$8,505
May 201802,94465.382.90$8,540
Apr 201802,90863.842.90$8,436
Mar 201803,01061.222.79$8,388
Feb 201802,72761.782.77$7,543
Jan 201802,97662.874.01$11,932
Dec 201703,06057.272.92$8,940
Nov 201702,96255.423.12$9,237
Oct 201703,06649.292.98$9,148
Sep 201703,26747.523.09$10,086
Aug 201702,91445.373.00$8,755
Jul 201703,01243.873.09$9,299
Jun 201702,46442.493.09$7,607
May 201703,05645.373.26$9,973
Apr 201703,02547.933.21$9,715
Mar 201703,10946.772.98$9,276
Feb 201702,91750.452.95$8,613
Jan 201703,31949.413.42$11,347
Dec 201603,19448.763.72$11,891
Nov 201603,16042.492.64$8,356
Oct 201603,28846.193.09$10,161
Sep 201603,22041.553.10$9,984
Aug 201603,43341.442.92$10,039
Jul 201603,45141.622.92$10,092
Jun 201603,16345.352.69$8,495
May 201603,35642.521.99$6,682
Apr 201603,28836.561.99$6,547
Mar 201603,37233.011.79$6,049
Feb 201603,13526.472.06$6,469
Jan 201603,33327.352.36$7,880
Dec 201503,33932.362.00$6,683
Nov 201503,23538.792.17$7,011
Oct 201503,39643.552.43$8,241
Sep 201503,34742.992.76$9,232
Aug 201503,40440.162.87$9,778
Jul 201503,43648.152.95$10,119
Jun 201503,32856.152.88$9,594
May 201503,33355.212.96$9,851
Apr 201503,32249.822.71$8,991
Mar 201503,52542.892.93$10,345
Feb 201503,21444.662.98$9,565
Jan 201503,63943.433.10$11,283
Dec 201403,68154.693.59$13,220
Nov 201403,56770.464.25$15,166
Oct 201403,65978.303.90$14,274
Sep 201403,46786.164.05$14,026
Aug 201403,58989.394.04$14,482
Jul 201403,63996.564.18$15,210
Jun 201403,50798.164.74$16,612
May 201403,60894.734.73$17,053
Apr 201403,63695.944.81$17,486
Mar 201403,68095.895.06$18,609
Feb 201403,44097.406.19$21,300
Jan 201403,95490.404.86$19,219
Dec 201303,94991.824.35$17,196
Nov 201303,72888.853.74$13,936
Oct 201303,87397.423.78$14,637
Sep 201303,836104.113.72$14,261
Aug 201304,121104.253.52$14,517
Jul 201304,301102.523.72$15,990
Jun 201304,04394.403.93$15,903
May 201304,13194.834.15$17,140
Apr 201304,01893.964.28$17,207
Mar 201304,50993.623.91$17,643
Feb 201304,10891.233.42$14,049
Jan 201303,12391.603.42$10,680
Dec 201204,43186.773.42$15,155
Nov 201204,47386.953.62$16,214
Oct 201203,57589.383.40$12,154
Sep 201204,07694.672.92$11,895
Aug 201204,68592.662.91$13,625
Jul 201204,81785.133.02$14,551
Jun 201204,66679.822.52$11,754
May 201204,91191.612.49$12,220
Apr 201204,984101.652.00$9,952
Mar 201205,365105.052.22$11,921
Feb 201205,338101.102.57$13,720
Jan 201205,81598.092.73$15,899
Dec 201105,86096.873.24$18,985
Nov 201105,78795.723.31$19,162
Oct 201106,42284.983.65$23,431
Sep 201106,48183.623.99$25,832
Aug 201106,93083.404.15$28,755
Jul 201104,30494.144.52$19,442
Jun 201104,05492.904.64$18,810
May 201105,30798.134.40$23,376
Apr 201105,583105.964.33$24,193
Mar 201106,77196.364.06$27,472
Feb 201103,72985.644.18$15,587
Jan 201105,61686.504.59$25,771
Dec 201005,65785.734.35$24,595
Nov 201005,39380.843.80$20,468
Oct 201005,59978.103.51$19,646
Sep 201005,64472.633.98$22,460
Aug 201005,22373.684.42$23,082
Jul 201005,03872.554.74$23,862
Jun 201005,45970.364.91$26,806
May 201005,78871.124.24$24,513
Apr 201005,68381.694.12$23,429
Mar 201007,79878.394.39$34,223
Feb 201006,01873.585.44$32,752
Jan 201005,30074.365.96$31,610
Dec 200905,88671.445.48$32,277
Nov 200905,64374.593.75$21,170
Oct 200906,00572.544.11$24,682
Sep 200905,97565.543.06$18,312
Aug 200905,16067.423.22$16,607
Jul 200906,05561.133.46$20,978
Jun 200905,53066.163.90$21,539
May 200906,13454.743.93$24,081
Apr 200905,77146.773.59$20,703
Mar 200905,99842.144.06$24,346
Feb 200905,57932.814.63$25,848
Jan 200906,15635.865.37$33,064
Dec 200805,71037.105.98$34,129
Nov 200805,81455.496.86$39,886
Oct 200805,93975.246.92$41,110
Sep 200805,953101.767.88$46,892
Aug 200806,300114.228.48$53,443
Jul 200806,364131.0811.39$72,482
Jun 200805,950131.3313.03$77,544
May 200806,263123.1711.57$72,490
Apr 200806,083110.3110.45$63,597
Mar 200806,194101.909.66$59,859
Feb 200805,83792.538.77$51,194
Jan 200806,57490.388.21$53,944
Dec 200706,36488.337.30$46,470
Nov 200705,91791.677.29$43,145
Oct 200705,88582.856.92$40,736
Sep 200715,66275.846.24$35,430
Aug 200765,38669.066.39$34,820
Jul 2007325,22170.906.39$35,620
Jun 200703,03162.007.55$22,879
May 20070058.747.85$0
Apr 20070059.617.81$0
Mar 20070056.927.30$0
Feb 200706,23855.108.22$51,251
Jan 200706,27950.306.73$42,238
Dec 200606,02056.656.92$41,649
Nov 200605,79354.207.62$44,128
Oct 200605,54954.906.01$33,371
Sep 200606,25660.085.04$31,513
Aug 200606,17368.717.34$45,309
Jul 200606,29469.376.34$39,921
Jun 200605,86566.286.38$37,441
May 200606,75966.016.42$43,427
Apr 200607,38864.397.36$54,379
Mar 200606,64656.707.08$47,073
Feb 200604,88457.597.75$37,856
Jan 200605,52660.598.93$49,366
Dec 200505,93154.9413.42$79,567
Nov 200506,69454.6910.59$70,879
Oct 200506,71958.3413.80$92,694
Sep 200506,31461.4512.08$76,267
Aug 200507,32061.519.80$71,713
Jul 200508,11355.697.84$63,635
Jun 200508,97552.337.38$66,245
May 200509,87645.226.65$65,687
Apr 2005011,66249.207.36$85,838
Mar 200509,06650.377.15$64,866
Feb 200508,97245.226.31$56,631
Jan 200509,32343.166.32$58,942
Dec 200409,33939.866.75$63,048
Nov 200407,08945.286.33$44,876
Oct 200408,18249.706.52$53,307
Sep 200407,93843.245.28$41,944
Aug 200408,27242.375.55$45,915
Jul 200408,35138.286.08$50,809
Jun 200407,30536.106.43$46,993
May 200408,01737.486.49$52,067
Apr 200407,87034.475.86$46,106
Mar 200409,75934.365.53$53,969
Feb 200409,57832.455.51$52,771
Jan 2004010,31632.036.30$64,987
Dec 2003010,90630.266.30$68,726
Nov 200309,51928.804.60$43,741
Oct 2003010,64128.174.76$50,647
Sep 2003010,31626.314.75$48,994
Aug 2003010,72029.765.13$54,991
Jul 2003010,69629.415.17$55,307
Jun 2003010,50028.565.98$62,821
May 2003010,62926.595.97$63,484
Apr 2003011,92526.675.41$64,482
Mar 2003012,68531.146.10$77,328
Feb 2003010,83033.487.93$85,837
Jan 2003011,79430.315.58$65,835
Dec 2002014,55426.914.85$70,642
Nov 2002012,03824.664.14$49,801
Oct 2002014,44626.464.23$61,094
Sep 2002018,52227.443.64$67,331
Aug 2002021,95725.963.16$69,475
Jul 200207224.583.06$220
Jun 200202,51223.733.34$8,386
May 200203,28524.663.58$11,773
Apr 200203,52023.653.51$12,363
Mar 200203,61322.003.10$11,210
Feb 200203,21418.222.38$7,635
Jan 200203,49817.172.38$8,310
Dec 200103,62116.932.36$8,561
Nov 2001103,44618.072.41$8,470
Oct 200103,23019.782.53$8,168
Sep 200103,15624.262.25$7,105
Aug 200103,06424.873.05$9,355
Jul 200102,77723.933.20$8,878
Jun 200103,13324.563.82$11,981
May 200103,73425.524.31$16,084
Apr 200103,96724.685.34$21,165
Mar 200104,30724.545.38$23,156
Feb 200103,37827.755.77$19,481
Jan 200104,89927.478.40$41,146
Dec 200004,23026.889.12$38,588
Nov 200004,22232.215.66$23,888
Oct 200004,80531.235.15$24,724
Sep 200005,64731.875.19$29,288
Aug 200007,00129.644.54$31,790
Jul 200007,13528.534.09$29,180
Jun 200009,81329.304.40$43,150
May 2000148,01327.263.68$29,867
Apr 200003,35424.513.12$10,451
Mar 200005,15128.422.86$14,731
Feb 200005,30627.622.73$14,467
Jan 200005,49125.272.48$13,620
Dec 199905,84124.282.42$14,157
Nov 199905,67323.192.43$13,808
Oct 199906,27120.982.80$17,582
Sep 199905,76121.752.62$15,087
Aug 199905,40919.262.88$15,554
Jul 199904,94017.892.37$11,720
Jun 199904,19815.942.36$9,916
May 199905,17315.792.32$12,007
Apr 199905,18915.102.21$11,458
Mar 199904,93212.471.84$9,067
Feb 199905,1399.981.82$9,342
Jan 199976,43210.381.90$12,293
Dec 199805,0349.201.77$8,927
Nov 199805,93410.892.19$12,970
Oct 1998526,06612.421.97$12,591
Sep 199825,81312.592.08$12,131
Aug 199805,50611.301.91$10,502
Jul 199805,83211.742.24$13,048
Jun 199826,32311.242.24$14,169
May 199806,53512.622.21$14,418
Apr 199856,49313.042.51$16,332
Mar 199806,72712.802.31$15,536
Feb 199806,99313.952.30$16,078
Jan 199807,76714.702.15$16,736
Dec 199708,01416.322.41$19,323
Nov 199708,41818.193.09$25,997
Oct 199709,74019.253.15$30,679
Sep 199707,64317.742.95$22,584
Aug 199708,78817.862.55$22,451
Jul 199709,12317.582.25$20,499
Jun 1997010,60217.242.26$23,931
May 1997011,10018.972.31$25,624
Apr 1997011,59517.882.08$24,150
Mar 1997013,23718.951.94$25,668
Feb 1997011,97020.492.21$26,405
Jan 1997015,74423.483.54$55,729
Dec 1996017,57823.32$0
Nov 1996018,05121.97$0
Oct 1996020,93423.31$0
Sep 1996024,77922.22$0
Aug 19961030,49320.26$203
Jul 19960019.55$0

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                2,052 Mcf  × $  3.05 =     $6,250

────────────────────────────────────────────────────
Month total                                   $6,250

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/159818 is the state's own key, not one this site invented.