SMITH, PEGGY GAS UNIT "B"

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 182551District 09Field 652802002 tax incentive programmesCondensateGasSaveExport
Value, all time
$11.5 M
Mar 2001 – May 2026
Value, last 12 filed months
$195 k
at the published price for each month
Months reported
303
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 Gas112001-10-08144150
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
CondensateDisposition615 bbl$19,890
GasProduction2,539,066 Mcf$11,454,476
Total$11,474,367

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 33.1599, -97.3889. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

33.15987, -97.38892 · 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
8,020 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 8,020 ft.

Completions filed
Mar 2001
1 of 1 wells

1 well

42-1213087738,020 ftMar 2001

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 (303)

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

303 months

May 202604,330106.413.05$13,188
Apr 202604,16498.932.87$11,950
Mar 202604,58689.753.15$14,443
Feb 202604,35063.503.75$16,314
Jan 202604,67159.138.00$37,358
Dec 202504,59756.664.41$20,288
Nov 202504,01458.593.93$15,761
Oct 202504,12359.383.30$13,626
Sep 202503,99262.743.08$12,283
Aug 202504,30363.933.01$12,973
Jul 202504,23966.743.32$14,053
Jun 202504,02266.483.13$12,584
May 202503,95360.553.23$12,777
Apr 202503,74862.363.54$13,280
Mar 202503,88267.704.27$16,570
Feb 202503,63470.884.34$15,775
Jan 202504,14474.324.28$17,731
Dec 202404,01268.993.12$12,523
Nov 202404,09669.052.20$9,005
Oct 202404,30171.372.28$9,812
Sep 202404,04069.612.36$9,552
Aug 202404,02875.632.06$8,312
Jul 202404,17979.932.15$8,971
Jun 202404,38778.082.63$11,555
May 202404,71478.812.20$10,363
Apr 202404,52184.451.66$7,501
Mar 202404,19880.301.55$6,486
Feb 202404,05876.091.78$7,238
Jan 202404,28673.023.30$14,134
Dec 202304,38971.262.61$11,458
Nov 202304,31377.892.81$12,109
Oct 202304,53185.443.09$13,988
Sep 202304,49789.042.74$12,299
Aug 202304,52280.522.67$12,087
Jul 202304,89374.852.64$12,926
Jun 202304,61868.962.26$10,430
May 202304,54570.622.23$10,124
Apr 202304,52178.122.24$10,117
Mar 202303,89772.852.39$9,326
Feb 202304,54175.112.47$11,197
Jan 202304,63076.533.39$15,685
Dec 202204,72276.415.73$27,053
Nov 202204,43685.005.65$25,047
Oct 202204,54987.185.86$26,674
Sep 202203,88784.888.16$31,732
Aug 202203,05294.529.13$27,856
Jul 202204,088101.587.54$30,832
Jun 202202,415115.097.98$19,265
May 202204,532109.378.43$38,219
Apr 202203,784104.226.84$25,873
Mar 202203,894108.885.08$19,768
Feb 202203,72991.054.86$18,119
Jan 202203,21081.844.54$14,566
Dec 202104,17671.323.90$16,283
Nov 2021087777.435.24$4,593
Oct 2021013079.795.71$743
Sep 2021029769.865.35$1,589
Aug 202101,49466.024.22$6,306
Jul 2021076170.783.98$3,030
Jun 202101,74769.493.38$5,906
May 202102,08063.483.02$6,277
Apr 202102,10960.362.76$5,818
Mar 202102,69761.302.72$7,328
Feb 202103,94957.805.55$21,909
Jan 202104,74450.412.81$13,332
Dec 202004,73844.642.68$12,676
Nov 202004,70738.772.71$12,740
Oct 202004,65536.972.48$11,537
Sep 202004,33037.091.99$8,621
Aug 202005,26539.982.39$12,558
Jul 202005,54238.371.83$10,115
Jun 202005,63734.901.69$9,528
May 202005,94016.921.81$10,780
Apr 202005,56914.751.80$10,049
Mar 202005,75130.341.86$10,675
Feb 202005,42949.881.98$10,753
Jan 202005,90857.252.09$12,376
Dec 201905,96359.012.30$13,741
Nov 201905,75255.302.75$15,822
Oct 201905,89453.472.42$14,255
Sep 201905,77555.052.66$15,346
Aug 201906,01453.112.30$13,858
Jul 201906,11356.272.46$15,038
Jun 201905,98752.782.49$14,915
May 201906,20058.482.74$16,990
Apr 201906,08262.632.75$16,730
Mar 201906,27056.803.06$19,199
Feb 201905,62750.852.79$15,712
Jan 201906,25646.033.23$20,195
Dec 201806,41946.594.19$26,866
Nov 201806,18952.934.24$26,224
Oct 201806,50261.443.40$22,094
Sep 201806,24359.543.11$19,403
Aug 201806,37259.403.07$19,540
Jul 201806,33165.142.93$18,562
Jun 201806,00160.183.08$18,465
May 201806,51265.382.90$18,890
Apr 201806,39063.842.90$18,536
Mar 201806,39261.222.79$17,813
Feb 201805,84161.782.77$16,157
Jan 201806,38462.874.01$25,596
Dec 201706,30957.272.92$18,432
Nov 201706,21055.423.12$19,365
Oct 201706,37949.292.98$19,033
Sep 201706,10647.523.09$18,851
Aug 201706,21945.373.00$18,684
Jul 201706,20343.873.09$19,150
Jun 201706,03742.493.09$18,638
May 201706,42345.373.26$20,961
Apr 201706,40847.933.21$20,580
Mar 201706,42546.772.98$19,170
Feb 201706,06650.452.95$17,910
Jan 201706,65249.413.42$22,742
Dec 201606,54148.763.72$24,351
Nov 201606,38542.492.64$16,884
Oct 201606,75546.193.09$20,875
Sep 201606,55041.553.10$20,309
Aug 201606,76641.442.92$19,786
Jul 201606,79741.622.92$19,877
Jun 201606,51445.352.69$17,496
May 201606,79942.521.99$13,537
Apr 201606,56936.561.99$13,079
Mar 201606,73533.011.79$12,083
Feb 201606,33726.472.06$13,077
Jan 201606,82527.352.36$16,137
Dec 201507,03732.362.00$14,084
Nov 201506,98938.792.17$15,147
Oct 201507,26443.552.43$17,627
Sep 201507,13542.992.76$19,681
Aug 201507,20740.162.87$20,702
Jul 201507,33948.152.95$21,614
Jun 201507,49056.152.88$21,593
May 201507,59555.212.96$22,447
Apr 201507,88149.822.71$21,330
Mar 201508,21042.892.93$24,094
Feb 201506,83044.662.98$20,327
Jan 201507,96943.433.10$24,709
Dec 201407,82454.693.59$28,099
Nov 201407,54770.464.25$32,089
Oct 201407,80878.303.90$30,459
Sep 201407,56586.164.05$30,604
Aug 201407,83589.394.04$31,615
Jul 201407,81796.564.18$32,672
Jun 201407,60898.164.74$36,038
May 201407,96794.734.73$37,657
Apr 201407,64195.944.81$36,746
Mar 201407,96095.895.06$40,252
Feb 201406,67997.406.19$41,356
Jan 201408,05690.404.86$39,158
Dec 201308,33691.824.35$36,299
Nov 201307,82788.853.74$29,260
Oct 201307,55497.423.78$28,549
Sep 201307,604104.113.72$28,270
Aug 201308,123104.253.52$28,614
Jul 201308,217102.523.72$30,549
Jun 201308,04094.403.93$31,625
May 201308,34194.834.15$34,607
Apr 201308,21693.964.28$35,186
Mar 201308,61593.623.91$33,709
Feb 201307,84191.233.42$26,816
Jan 201305,82791.603.42$19,928
Dec 201208,56386.773.42$29,287
Nov 201208,51386.953.62$30,859
Oct 201208,79689.383.40$29,904
Sep 201208,54094.672.92$24,923
Aug 201208,92492.662.91$25,952
Jul 201209,00785.133.02$27,208
Jun 201209,01979.822.52$22,719
May 201209,36291.612.49$23,296
Apr 201209,029101.652.00$18,029
Mar 201209,418105.052.22$20,928
Feb 201209,098101.102.57$23,384
Jan 201209,91998.092.73$27,119
Dec 2011010,25796.873.24$33,230
Nov 2011010,45295.723.31$34,610
Oct 2011011,16884.983.65$40,747
Sep 2011012,00483.623.99$47,846
Aug 2011014,87083.404.15$61,700
Jul 201103,33694.144.52$15,070
Jun 201103,92092.904.64$18,188
May 201105,67398.134.40$24,989
Apr 201105,466105.964.33$23,686
Mar 201105,64096.364.06$22,883
Feb 201104,64585.644.18$19,416
Jan 201105,79286.504.59$26,578
Dec 201005,77685.734.35$25,113
Nov 201005,67580.843.80$21,539
Oct 201005,95078.103.51$20,878
Sep 201005,81872.633.98$23,153
Aug 201005,89573.684.42$26,052
Jul 201005,91572.554.74$28,016
Jun 201005,79970.364.91$28,475
May 201006,10571.124.24$25,856
Apr 201005,95181.694.12$24,534
Mar 201006,22078.394.39$27,298
Feb 201005,40473.585.44$29,411
Jan 201006,11074.365.96$36,441
Dec 200906,39171.445.48$35,047
Nov 200906,19574.593.75$23,241
Oct 200906,52672.544.11$26,823
Sep 200906,39565.543.06$19,599
Aug 200906,50867.423.22$20,946
Jul 200907,09261.133.46$24,570
Jun 200906,17266.163.90$24,040
May 200906,41554.743.93$25,184
Apr 200906,31446.773.59$22,651
Mar 200906,64142.144.06$26,956
Feb 200906,33432.814.63$29,345
Jan 200907,26735.865.37$39,031
Dec 200807,06637.105.98$42,234
Nov 200806,85755.496.86$47,041
Oct 200807,12775.246.92$49,333
Sep 200806,758101.767.88$53,233
Aug 200807,359114.228.48$62,427
Jul 200807,328131.0811.39$83,462
Jun 200807,287131.3313.03$94,969
May 200807,426123.1711.57$85,951
Apr 200807,513110.3110.45$78,547
Mar 200808,315101.909.66$80,357
Feb 200807,65392.538.77$67,121
Jan 200809,07390.388.21$74,451
Dec 200705,12388.337.30$37,408
Nov 200706,45391.677.29$47,053
Oct 200707,68182.856.92$53,168
Sep 200717,53975.846.24$47,151
Aug 200747,85569.066.39$50,454
Jul 2007198,22870.906.39$53,907
Jun 2007012,01062.007.55$90,657
May 2007014,39058.747.85$112,908
Apr 200709,25559.617.81$72,237
Mar 2007010,19856.927.30$74,465
Feb 200707,22255.108.22$59,336
Jan 200708,66950.306.73$58,315
Dec 2006010,29756.656.92$71,239
Nov 200609,63354.207.62$73,379
Oct 2006010,44454.906.01$62,808
Sep 2006010,13460.085.04$51,047
Aug 2006010,57168.717.34$77,590
Jul 2006010,65269.376.34$67,563
Jun 2006010,40966.286.38$66,450
May 2006010,78966.016.42$69,319
Apr 2006010,53564.397.36$77,543
Mar 2006011,31556.707.08$80,143
Feb 200609,23857.597.75$71,605
Jan 20068711,34460.598.93$106,611
Dec 2005011,22654.9413.42$150,601
Nov 2005011,51554.6910.59$121,925
Oct 2005011,82358.3413.80$163,107
Sep 2005011,14861.4512.08$134,657
Aug 2005011,68961.519.80$114,515
Jul 2005011,46455.697.84$89,919
Jun 2005011,07752.337.38$81,760
May 2005011,53245.226.65$76,701
Apr 2005011,24249.207.36$82,747
Mar 2005011,46950.377.15$82,059
Feb 2005010,09045.226.31$63,687
Jan 2005010,81843.166.32$68,394
Dec 2004011,72639.866.75$79,163
Nov 2004010,24045.286.33$64,824
Oct 2004010,64249.706.52$69,334
Sep 2004010,26543.245.28$54,239
Aug 2004010,91042.375.55$60,558
Jul 2004010,98838.286.08$66,853
Jun 20047610,40836.106.43$69,698
May 200409,39137.486.49$60,991
Apr 2004011,20134.475.86$65,621
Mar 2004011,76334.365.53$65,051
Feb 2004010,90432.455.51$60,077
Jan 2004011,17832.036.30$70,417
Dec 2003011,31330.266.30$71,290
Nov 2003010,78328.804.60$49,550
Oct 2003010,99728.174.76$52,342
Sep 2003012,76726.314.75$60,635
Aug 20037311,71529.765.13$62,267
Jul 2003014,30929.415.17$73,990
Jun 2003014,09128.565.98$84,306
May 2003014,69126.595.97$87,745
Apr 2003014,48626.675.41$78,330
Mar 2003014,62531.146.10$89,155
Feb 2003015,36933.487.93$121,813
Jan 20037815,72730.315.58$90,153
Dec 2002015,84626.914.85$76,913
Nov 2002017,78024.664.14$73,555
Oct 2002018,03926.464.23$76,289
Sep 2002016,79727.443.64$61,060
Aug 2002017,33825.963.16$54,860
Jul 2002025,98124.583.06$79,548
Jun 20025318,77723.733.34$63,940
May 2002026,73524.663.58$95,818
Apr 2002026,50923.653.51$93,108
Mar 2002027,91122.003.10$86,600
Feb 20028925,44918.222.38$62,080
Jan 2002028,49717.172.38$67,700
Dec 2001029,63516.932.36$70,069
Nov 2001029,88818.072.41$71,896
Oct 200111731,24619.782.53$81,332
Sep 2001631,53324.262.25$71,136
Aug 2001034,61224.873.05$105,676
Jul 2001035,54123.933.20$113,627
Jun 2001639,61124.563.82$151,626
May 2001645,94225.524.31$198,040
Apr 2001011,18024.685.34$59,649
Mar 20010024.545.38$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                4,330 Mcf  × $  3.05 =    $13,188

────────────────────────────────────────────────────
Month total                                  $13,188

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/182551 is the state's own key, not one this site invented.