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 182931District 09Field 652802002 tax incentive programmesCondensateGasSaveExport
Value, all time
$4.8 M
Mar 2001 – May 2026
Value, last 12 filed months
$27 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 Gas112001-07-20144327
NGPA2none

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
CondensateDisposition672 bbl$19,246
GasProduction1,030,028 Mcf$4,734,243
Total$4,753,489

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 33.1554, -97.3765. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

33.15542, -97.37650 · 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
8,145 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 8,145 ft.

Completions filed
Mar 2001
1 of 1 wells

1 well

42-1213087958,145 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 20260640106.413.05$1,949
Apr 2026077098.932.87$2,210
Mar 2026057589.753.15$1,811
Feb 2026040063.503.75$1,500
Jan 2026047659.138.00$3,807
Dec 2025050156.664.41$2,211
Nov 2025051358.593.93$2,014
Oct 2025054959.383.30$1,814
Sep 2025057462.743.08$1,766
Aug 2025063363.933.01$1,908
Jul 2025076366.743.32$2,530
Jun 202501,00766.483.13$3,151
May 202501,17260.553.23$3,788
Apr 202501,40862.363.54$4,989
Mar 20250867.704.27$34
Feb 2025075470.884.34$3,273
Jan 2025084574.324.28$3,615
Dec 2024085368.993.12$2,663
Nov 2024083369.052.20$1,831
Oct 2024084471.372.28$1,926
Sep 2024085369.612.36$2,017
Aug 2024088375.632.06$1,822
Jul 2024090879.932.15$1,949
Jun 2024079678.082.63$2,097
May 2024085678.812.20$1,882
Apr 2024086784.451.66$1,439
Mar 2024088180.301.55$1,361
Feb 2024082776.091.78$1,475
Jan 2024085173.023.30$2,806
Dec 2023088371.262.61$2,305
Nov 2023085277.892.81$2,392
Oct 2023089385.443.09$2,757
Sep 2023082889.042.74$2,265
Aug 2023083480.522.67$2,229
Jul 2023088074.852.64$2,325
Jun 2023084968.962.26$1,917
May 2023090370.622.23$2,011
Apr 2023088678.122.24$1,983
Mar 2023094372.852.39$2,257
Feb 2023085375.112.47$2,103
Jan 2023087976.533.39$2,978
Dec 2022089776.415.73$5,139
Nov 2022085985.005.65$4,850
Oct 2022083587.185.86$4,896
Sep 2022091184.888.16$7,437
Aug 2022089994.529.13$8,205
Jul 20220926101.587.54$6,984
Jun 20220815115.097.98$6,501
May 20220571109.378.43$4,815
Apr 20220799104.226.84$5,463
Mar 20220748108.885.08$3,797
Feb 2022079691.054.86$3,868
Jan 2022090181.844.54$4,088
Dec 2021094471.323.90$3,681
Nov 2021090277.435.24$4,724
Oct 2021088079.795.71$5,028
Sep 2021079269.865.35$4,238
Aug 2021080966.024.22$3,414
Jul 2021083670.783.98$3,329
Jun 2021092369.493.38$3,120
May 2021085863.483.02$2,589
Apr 2021047060.362.76$1,296
Mar 2021056561.302.72$1,535
Feb 2021066857.805.55$3,706
Jan 2021083350.412.81$2,341
Dec 2020075244.642.68$2,012
Nov 2020076938.772.71$2,081
Oct 2020082136.972.48$2,035
Sep 2020084837.091.99$1,688
Aug 2020087739.982.39$2,092
Jul 2020081338.371.83$1,484
Jun 2020079534.901.69$1,344
May 2020087816.921.81$1,593
Apr 2020086214.751.80$1,555
Mar 2020090030.341.86$1,671
Feb 2020088849.881.98$1,759
Jan 2020092457.252.09$1,936
Dec 2019097459.012.30$2,244
Nov 2019095155.302.75$2,616
Oct 2019098253.472.42$2,375
Sep 2019096855.052.66$2,572
Aug 201901,04453.112.30$2,406
Jul 201901,03756.272.46$2,551
Jun 2019096252.782.49$2,397
May 2019099658.482.74$2,729
Apr 2019097662.632.75$2,685
Mar 201901,00756.803.06$3,084
Feb 2019092450.852.79$2,580
Jan 201901,02046.033.23$3,293
Dec 201801,07446.594.19$4,495
Nov 201801,02952.934.24$4,360
Oct 201801,08261.443.40$3,677
Sep 201801,03359.543.11$3,211
Aug 201801,03959.403.07$3,186
Jul 201801,09265.142.93$3,202
Jun 201801,06260.183.08$3,268
May 201801,08965.382.90$3,159
Apr 2018097563.842.90$2,828
Mar 201801,14761.222.79$3,197
Feb 2018097061.782.77$2,683
Jan 201801,04562.874.01$4,190
Dec 201701,10557.272.92$3,228
Nov 201701,11855.423.12$3,486
Oct 201701,12049.292.98$3,342
Sep 201701,08547.523.09$3,350
Aug 201701,15045.373.00$3,455
Jul 201701,12043.873.09$3,458
Jun 201701,13142.493.09$3,492
May 201701,18345.373.26$3,861
Apr 201701,15647.933.21$3,713
Mar 201701,18246.772.98$3,527
Feb 201701,10850.452.95$3,271
Jan 201701,17449.413.42$4,014
Dec 201601,16948.763.72$4,352
Nov 201601,14142.492.64$3,017
Oct 201601,17046.193.09$3,616
Sep 201601,15641.553.10$3,584
Aug 201601,26541.442.92$3,699
Jul 201601,12541.622.92$3,290
Jun 201601,17445.352.69$3,153
May 201601,20642.521.99$2,401
Apr 201601,14736.561.99$2,284
Mar 201601,28533.011.79$2,305
Feb 201601,20226.472.06$2,480
Jan 201601,19027.352.36$2,814
Dec 201501,21232.362.00$2,426
Nov 201501,20938.792.17$2,620
Oct 201501,21943.552.43$2,958
Sep 201501,14642.992.76$3,161
Aug 201501,19040.162.87$3,418
Jul 201501,24548.152.95$3,667
Jun 201501,22556.152.88$3,532
May 201501,28055.212.96$3,783
Apr 201501,23349.822.71$3,337
Mar 201501,32042.892.93$3,874
Feb 201501,14644.662.98$3,411
Jan 201501,29343.433.10$4,009
Dec 201401,31354.693.59$4,715
Nov 201401,27470.464.25$5,417
Oct 201401,34078.303.90$5,227
Sep 201401,47486.164.05$5,963
Aug 201401,33689.394.04$5,391
Jul 201401,34496.564.18$5,617
Jun 201401,32398.164.74$6,267
May 201401,37994.734.73$6,518
Apr 201401,37095.944.81$6,588
Mar 201401,40295.895.06$7,090
Feb 201401,33597.406.19$8,266
Jan 201401,41890.404.86$6,893
Dec 201301,47891.824.35$6,436
Nov 201301,44288.853.74$5,391
Oct 201301,49197.423.78$5,635
Sep 201301,460104.113.72$5,428
Aug 201301,518104.253.52$5,347
Jul 201301,548102.523.72$5,755
Jun 201301,52794.403.93$6,006
May 201301,57794.834.15$6,543
Apr 201301,56393.964.28$6,694
Mar 201301,63893.623.91$6,409
Feb 201301,46391.233.42$5,003
Jan 201301,16191.603.42$3,971
Dec 201201,60086.773.42$5,472
Nov 201201,71086.953.62$6,199
Oct 201201,84489.383.40$6,269
Sep 201201,89494.672.92$5,527
Aug 201202,12892.662.91$6,189
Jul 201201,76885.133.02$5,341
Jun 201201,67479.822.52$4,217
May 201201,77591.612.49$4,417
Apr 201201,762101.652.00$3,518
Mar 201201,835105.052.22$4,078
Feb 201201,838101.102.57$4,724
Jan 201202,03498.092.73$5,561
Dec 201102,11696.873.24$6,855
Nov 201102,13395.723.31$7,063
Oct 201102,29984.983.65$8,388
Sep 201102,34883.623.99$9,359
Aug 201102,09483.404.15$8,689
Jul 201101,23994.144.52$5,597
Jun 201102,20192.904.64$10,212
May 201102,74998.134.40$12,109
Apr 201102,601105.964.33$11,271
Mar 201102,74496.364.06$11,133
Feb 201102,39685.644.18$10,015
Jan 201103,02586.504.59$13,881
Dec 201002,81185.734.35$12,222
Nov 201002,74680.843.80$10,422
Oct 201002,84778.103.51$9,990
Sep 201002,80772.633.98$11,170
Aug 201002,89973.684.42$12,812
Jul 201002,94872.554.74$13,963
Jun 201002,87070.364.91$14,093
May 201002,99371.124.24$12,676
Apr 201002,60881.694.12$10,752
Mar 201002,91178.394.39$12,775
Feb 201002,70773.585.44$14,732
Jan 201003,00774.365.96$17,934
Dec 200903,04771.445.48$16,709
Nov 200902,83574.593.75$10,636
Oct 200902,99572.544.11$12,310
Sep 200902,94765.543.06$9,032
Aug 200903,07067.423.22$9,881
Jul 200903,08461.133.46$10,685
Jun 200903,01266.163.90$11,732
May 200903,10054.743.93$12,170
Apr 200903,00046.773.59$10,763
Mar 200903,14042.144.06$12,745
Feb 200902,87132.814.63$13,301
Jan 200903,18035.865.37$17,080
Dec 200803,20137.105.98$19,133
Nov 200803,02255.496.86$20,732
Oct 200803,15975.246.92$21,867
Sep 200803,043101.767.88$23,970
Aug 200803,297114.228.48$27,969
Jul 200803,211131.0811.39$36,571
Jun 200803,176131.3313.03$41,392
May 200803,417123.1711.57$39,549
Apr 200803,242110.3110.45$33,895
Mar 200803,455101.909.66$33,389
Feb 200803,26892.538.77$28,662
Jan 200803,83090.388.21$31,428
Dec 200703,53388.337.30$25,798
Nov 200703,43091.677.29$25,011
Oct 200713,59882.856.92$24,988
Sep 200733,78875.846.24$23,880
Aug 2007124,12569.066.39$27,179
Jul 2007644,42470.906.39$32,798
Jun 200705,04762.007.55$38,097
May 200704,94958.747.85$38,831
Apr 200703,59159.617.81$28,028
Mar 200703,74956.927.30$27,375
Feb 200703,84755.108.22$31,607
Jan 200704,32150.306.73$29,067
Dec 200603,85956.656.92$26,698
Nov 200603,95454.207.62$30,120
Oct 200604,00154.906.01$24,061
Sep 200603,90660.085.04$19,675
Aug 200604,11668.717.34$30,211
Jul 200604,13969.376.34$26,253
Jun 200604,06366.286.38$25,938
May 200604,26566.016.42$27,403
Apr 200604,15964.397.36$30,612
Mar 200604,62656.707.08$32,766
Feb 200604,56257.597.75$35,361
Jan 200604,56760.598.93$40,798
Dec 200504,59154.9413.42$61,590
Nov 200504,58654.6910.59$48,558
Oct 200504,81458.3413.80$66,413
Sep 200504,63061.4512.08$55,926
Aug 200504,82161.519.80$47,231
Jul 200504,83755.697.84$37,940
Jun 200504,72052.337.38$34,839
May 200504,96045.226.65$32,990
Apr 200504,89149.207.36$36,000
Mar 200505,04750.377.15$36,111
Feb 200504,75145.226.31$29,988
Jan 200505,47643.166.32$34,620
Dec 200405,64039.866.75$38,076
Nov 200405,56145.286.33$35,203
Oct 200405,80349.706.52$37,807
Sep 200405,58443.245.28$29,505
Aug 200405,83542.375.55$32,388
Jul 200405,92638.286.08$36,055
Jun 200405,66536.106.43$36,443
May 200405,91437.486.49$38,409
Apr 200405,85934.475.86$34,325
Mar 200406,19134.365.53$34,237
Feb 200405,84932.455.51$32,226
Jan 200406,44032.036.30$40,570
Dec 200305,98130.266.30$37,690
Nov 200305,80328.804.60$26,666
Oct 200306,12128.174.76$29,134
Sep 2003735,78526.314.75$29,396
Aug 200305,62529.765.13$28,855
Jul 200305,59229.415.17$28,915
Jun 200305,29528.565.98$31,680
May 200305,23926.595.97$31,291
Apr 200303,60326.675.41$19,482
Mar 200303,28631.146.10$20,032
Feb 200303,77733.487.93$29,936
Jan 200306,20030.315.58$34,609
Dec 200207,83226.914.85$38,015
Nov 200208,20724.664.14$33,952
Oct 200205,29626.464.23$22,397
Sep 200210013,62527.443.64$52,274
Aug 2002014,44225.963.16$45,697
Jul 2002015,53324.583.06$47,558
Jun 2002014,76123.733.34$49,276
May 2002016,69424.663.58$59,831
Apr 2002016,95623.653.51$59,555
Mar 2002018,03022.003.10$55,942
Feb 2002017,29818.222.38$41,095
Jan 200210819,89317.172.38$49,114
Dec 2001021,60316.932.36$51,078
Nov 2001022,34318.072.41$53,747
Oct 200115325,31319.782.53$67,040
Sep 2001026,29324.262.25$59,194
Aug 2001029,72624.873.05$90,758
Jul 2001533,72223.933.20$107,932
Jun 2001039,03024.563.82$149,257
May 200115344,59525.524.31$195,990
Apr 200106,83724.685.34$36,478
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                  640 Mcf  × $  3.05 =     $1,949

────────────────────────────────────────────────────
Month total                                   $1,949

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/182931 is the state's own key, not one this site invented.