PENLEY, W. E. GAS UNIT

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 192789District 09Field 652802002 tax incentive programmesCondensateGasSaveExport
Value, all time
$2.9 M
Jul 2002 – May 2026
Value, last 12 filed months
$0
at the published price for each month
Months reported
287
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 Gas112005-03-30154743
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
CondensateDisposition261 bbl$12,112
GasProduction549,114 Mcf$2,878,340
Total$2,890,453

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 33.2058, -97.2329. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

33.20576, -97.23293 · 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
8,859 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 8,859 ft.

Completions filed
Jan 2023
1 of 1 wells

1 well

42-1213149328,859 ftJan 2023

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 (287)

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

287 months

May 202600106.413.05$0
Apr 20260098.932.87$0
Mar 20260089.753.15$0
Feb 20260063.503.75$0
Jan 20260059.138.00$0
Dec 20250056.664.41$0
Nov 20250058.593.93$0
Oct 20250059.383.30$0
Sep 20250062.743.08$0
Aug 20250063.933.01$0
Jul 20250066.743.32$0
Jun 20250066.483.13$0
May 20250060.553.23$0
Apr 20250062.363.54$0
Mar 20250067.704.27$0
Feb 20250070.884.34$0
Jan 20250074.324.28$0
Dec 20240068.993.12$0
Nov 20240069.052.20$0
Oct 20240071.372.28$0
Sep 20240069.612.36$0
Aug 20240075.632.06$0
Jul 20240079.932.15$0
Jun 20240078.082.63$0
May 20240078.812.20$0
Apr 20240084.451.66$0
Mar 20240080.301.55$0
Feb 20240076.091.78$0
Jan 20240073.023.30$0
Dec 20230071.262.61$0
Nov 20230077.892.81$0
Oct 20230085.443.09$0
Sep 20230089.042.74$0
Aug 20230080.522.67$0
Jul 20230774.852.64$18
Jun 202301468.962.26$32
May 202303870.622.23$85
Apr 2023078178.122.24$1,748
Mar 202308672.852.39$206
Feb 20230875.112.47$20
Jan 20230076.533.39$0
Dec 2022011976.415.73$682
Nov 2022023785.005.65$1,338
Oct 2022027787.185.86$1,624
Sep 2022029384.888.16$2,392
Aug 2022037094.529.13$3,377
Jul 20220802101.587.54$6,049
Jun 20220411115.097.98$3,279
May 20220467109.378.43$3,938
Apr 20220829104.226.84$5,668
Mar 20220945108.885.08$4,797
Feb 2022088791.054.86$4,310
Jan 202201,01481.844.54$4,601
Dec 2021097371.323.90$3,794
Nov 2021097077.435.24$5,080
Oct 202101,02279.795.71$5,840
Sep 2021095069.865.35$5,083
Aug 2021089766.024.22$3,786
Jul 2021088170.783.98$3,508
Jun 2021090069.493.38$3,043
May 202101,03063.483.02$3,108
Apr 202101,01760.362.76$2,805
Mar 202101,04461.302.72$2,836
Feb 2021091957.805.55$5,099
Jan 202101,28650.412.81$3,614
Dec 202001,35444.642.68$3,623
Nov 202001,31438.772.71$3,556
Oct 202071,56936.972.48$4,147
Sep 202001,37037.091.99$2,728
Aug 202001,36739.982.39$3,260
Jul 202001,37438.371.83$2,508
Jun 202001,33434.901.69$2,255
May 202001,36216.921.81$2,472
Apr 202001,33714.751.80$2,412
Mar 202001,40730.341.86$2,612
Feb 202001,35749.881.98$2,688
Jan 202001,44857.252.09$3,033
Dec 201901,41159.012.30$3,251
Nov 201901,43955.302.75$3,958
Oct 201901,48153.472.42$3,582
Sep 201901,46355.052.66$3,888
Aug 201901,52553.112.30$3,514
Jul 201901,51256.272.46$3,720
Jun 201901,44952.782.49$3,610
May 201901,46758.482.74$4,020
Apr 201901,40162.632.75$3,854
Mar 201901,45056.803.06$4,440
Feb 201901,37350.852.79$3,834
Jan 201901,26046.033.23$4,068
Dec 201801,29646.594.19$5,424
Nov 201801,47452.934.24$6,246
Oct 201801,49961.443.40$5,094
Sep 201801,44259.543.11$4,482
Aug 201801,49659.403.07$4,588
Jul 201801,53065.142.93$4,486
Jun 201801,45160.183.08$4,465
May 201801,52965.382.90$4,435
Apr 201801,42363.842.90$4,128
Mar 201801,36661.222.79$3,807
Feb 201801,37561.782.77$3,803
Jan 201801,06962.874.01$4,286
Dec 2017097357.272.92$2,843
Nov 201701,08655.423.12$3,387
Oct 201701,19649.292.98$3,568
Sep 201701,18547.523.09$3,658
Aug 201701,18845.373.00$3,569
Jul 201701,12843.873.09$3,482
Jun 201701,22842.493.09$3,791
May 201701,22745.373.26$4,004
Apr 201701,22547.933.21$3,934
Mar 201701,26346.772.98$3,768
Feb 201701,19850.452.95$3,537
Jan 201701,18049.413.42$4,034
Dec 201601,40148.763.72$5,216
Nov 201601,73342.492.64$4,583
Oct 201601,81546.193.09$5,609
Sep 201601,76441.553.10$5,470
Aug 201601,88841.442.92$5,521
Jul 201601,82741.622.92$5,343
Jun 201601,75945.352.69$4,724
May 201601,83442.521.99$3,652
Apr 201601,80436.561.99$3,592
Mar 201601,88233.011.79$3,376
Feb 201601,79826.472.06$3,710
Jan 201601,98127.352.36$4,684
Dec 201501,93332.362.00$3,869
Nov 201501,93838.792.17$4,200
Oct 201502,07743.552.43$5,040
Sep 201502,04542.992.76$5,641
Aug 201502,15940.162.87$6,202
Jul 201501,95448.152.95$5,755
Jun 201501,96056.152.88$5,650
May 201502,05155.212.96$6,062
Apr 201501,47949.822.71$4,003
Mar 201501,21142.892.93$3,554
Feb 20150044.662.98$0
Jan 201501,65343.433.10$5,125
Dec 201401,80654.693.59$6,486
Nov 201401,78570.464.25$7,590
Oct 201401,87478.303.90$7,310
Sep 201401,83086.164.05$7,403
Aug 201401,64789.394.04$6,646
Jul 201401,48896.564.18$6,219
Jun 201401,21598.164.74$5,755
May 201401,37694.734.73$6,504
Apr 201401,20295.944.81$5,781
Mar 201401,47095.895.06$7,434
Feb 201401,55497.406.19$9,622
Jan 201401,78390.404.86$8,667
Dec 201301,78791.824.35$7,781
Nov 201301,74988.853.74$6,538
Oct 201301,63197.423.78$6,164
Sep 201301,719104.113.72$6,391
Aug 201301,845104.253.52$6,499
Jul 201301,438102.523.72$5,346
Jun 201301,81894.403.93$7,151
May 201301,79694.834.15$7,452
Apr 201301,85193.964.28$7,927
Mar 201301,85393.623.91$7,251
Feb 201301,58991.233.42$5,434
Jan 201301,67791.603.42$5,735
Dec 201201,68986.773.42$5,777
Nov 201201,69886.953.62$6,155
Oct 201201,73989.383.40$5,912
Sep 201201,77994.672.92$5,192
Aug 201201,84492.662.91$5,363
Jul 201201,92285.133.02$5,806
Jun 201201,70679.822.52$4,297
May 201201,77891.612.49$4,424
Apr 201201,693101.652.00$3,381
Mar 201201,904105.052.22$4,231
Feb 201201,806101.102.57$4,642
Jan 201201,86598.092.73$5,099
Dec 201101,93596.873.24$6,269
Nov 201101,86395.723.31$6,169
Oct 201101,89784.983.65$6,921
Sep 201101,75683.623.99$6,999
Aug 201101,56183.404.15$6,477
Jul 201111,52294.144.52$6,969
Jun 2011101,95192.904.64$9,981
May 201101,82898.134.40$8,052
Apr 201101,904105.964.33$8,251
Mar 201102,19596.364.06$8,906
Feb 201101,55585.644.18$6,500
Jan 201102,04786.504.59$9,393
Dec 201002,03185.734.35$8,830
Nov 201002,05680.843.80$7,803
Oct 201002,21578.103.51$7,772
Sep 201002,03172.633.98$8,082
Aug 201001,89673.684.42$8,379
Jul 201001,56872.554.74$7,427
Jun 201002,03370.364.91$9,983
May 201001,76371.124.24$7,467
Apr 201001,61381.694.12$6,650
Mar 201011,60878.394.39$7,135
Feb 201041,44373.585.44$8,148
Jan 201001,65574.365.96$9,871
Dec 200901,70271.445.48$9,333
Nov 200901,68374.593.75$6,314
Oct 200901,83472.544.11$7,538
Sep 200901,72965.543.06$5,299
Aug 200901,96967.423.22$6,337
Jul 200901,56661.133.46$5,425
Jun 200901,47066.163.90$5,726
May 200901,62554.743.93$6,379
Apr 200901,57946.773.59$5,665
Mar 200901,50742.144.06$6,117
Feb 200901,36432.814.63$6,319
Jan 200901,41635.865.37$7,605
Dec 200802,05737.105.98$12,295
Nov 200801,80355.496.86$12,369
Oct 200801,78975.246.92$12,383
Sep 200801,924101.767.88$15,156
Aug 200802,510114.228.48$21,292
Jul 200802,455131.0811.39$27,961
Jun 200802,083131.3313.03$27,147
May 200802,119123.1711.57$24,526
Apr 200802,158110.3110.45$22,562
Mar 200802,020101.909.66$19,521
Feb 200802,23292.538.77$19,576
Jan 200802,16690.388.21$17,774
Dec 200701,96888.337.30$14,370
Nov 200701,89691.677.29$13,825
Oct 200701,83182.856.92$12,674
Sep 200701,97975.846.24$12,357
Aug 200712,45769.066.39$15,764
Jul 200733,27070.906.39$21,101
Jun 2007103,22962.007.55$24,994
May 2007873,33958.747.85$31,309
Apr 200702,41459.617.81$18,842
Mar 200702,87756.927.30$21,008
Feb 200703,35955.108.22$27,598
Jan 200703,04950.306.73$20,510
Dec 200603,65856.656.92$25,308
Nov 200603,65654.207.62$27,850
Oct 200603,55954.906.01$21,403
Sep 200603,43060.085.04$17,278
Aug 200603,66068.717.34$26,864
Jul 200603,62469.376.34$22,986
Jun 200603,58766.286.38$22,899
May 200604,06766.016.42$26,130
Apr 200603,59264.397.36$26,439
Mar 200604,32256.707.08$30,612
Feb 200603,47857.597.75$26,958
Jan 200604,68560.598.93$41,853
Dec 200503,58054.9413.42$48,027
Nov 200503,28254.6910.59$34,751
Oct 200504,05758.3413.80$55,969
Sep 200503,36461.4512.08$40,634
Aug 200504,05561.519.80$39,726
Jul 200504,37555.697.84$34,316
Jun 200503,71652.337.38$27,428
May 200504,63545.226.65$30,828
Apr 200504,26849.207.36$31,415
Mar 200504,31450.377.15$30,866
Feb 200503,34945.226.31$21,139
Jan 200504,91843.166.32$31,093
Dec 200405,99639.866.75$40,479
Nov 200404,25645.286.33$26,942
Oct 200405,08549.706.52$33,129
Sep 200403,36443.245.28$17,775
Aug 200404,50442.375.55$25,000
Jul 200404,32138.286.08$26,290
Jun 200405,52236.106.43$35,523
May 200405,21137.486.49$33,843
Apr 200402,79534.475.86$16,374
Mar 200403,28234.365.53$18,150
Feb 20041373,53332.455.51$23,911
Jan 200403,81532.036.30$24,033
Dec 200304,40230.266.30$27,740
Nov 200304,25728.804.60$19,562
Oct 200304,21428.174.76$20,057
Sep 200304,65726.314.75$22,118
Aug 200304,03929.765.13$20,719
Jul 200303,87829.415.17$20,053
Jun 200304,05528.565.98$24,261
May 200304,57226.595.97$27,307
Apr 200304,15226.675.41$22,451
Mar 200305,05431.146.10$30,809
Feb 200305,02433.487.93$39,820
Jan 2003010,23030.315.58$57,104
Dec 200203,02926.914.85$14,702
Nov 200207,15224.664.14$29,588
Oct 2002014,23526.464.23$60,202
Sep 2002013,41827.443.64$48,777
Aug 20020025.963.16$0
Jul 20020024.583.06$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.

Jul 2023 — as filed, then multipliedworked
Condensate             0 bbl  × $ 74.85 =         $0
Gas                    7 Mcf  × $  2.64 =        $18

────────────────────────────────────────────────────
Month total                                      $18

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/192789 is the state's own key, not one this site invented.