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 194107District 09Field 652802002 tax incentive programmesCondensateGasSaveExport
Value, all time
$5.7 M
Oct 2002 – May 2026
Value, last 12 filed months
$132 k
at the published price for each month
Months reported
284
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 Gas112005-04-18154964
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
CondensateDisposition431 bbl$18,742
GasProduction1,017,994 Mcf$5,656,767
Total$5,675,509

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 33.1570, -97.3790. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

33.15698, -97.37896 · 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
8,289 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 8,289 ft.

Completions filed
Mar 2025
1 of 1 wells

1 well

42-1213162768,289 ftMar 2025

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 (284)

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

284 months

May 202602,297106.413.05$6,996
Apr 202602,52698.932.87$7,249
Mar 202602,76589.753.15$8,708
Feb 202602,46963.503.75$9,260
Jan 202602,62259.138.00$20,971
Dec 202502,78656.664.41$12,296
Nov 202502,85058.593.93$11,190
Oct 202503,07659.383.30$10,166
Sep 202503,19362.743.08$9,825
Aug 202503,58663.933.01$10,811
Jul 202503,84866.743.32$12,757
Jun 202503,81766.483.13$11,942
May 202504,53160.553.23$14,646
Apr 202504,99162.363.54$17,684
Mar 2025044767.704.27$1,908
Feb 2025030470.884.34$1,320
Jan 2025088974.324.28$3,804
Dec 2024091268.993.12$2,847
Nov 2024088369.052.20$1,941
Oct 2024091571.372.28$2,087
Sep 2024086869.612.36$2,052
Aug 2024092975.632.06$1,917
Jul 2024089579.932.15$1,921
Jun 2024089878.082.63$2,365
May 2024098478.812.20$2,163
Apr 2024094684.451.66$1,570
Mar 2024096980.301.55$1,497
Feb 2024090776.091.78$1,618
Jan 2024079473.023.30$2,618
Dec 2023093671.262.61$2,444
Nov 2023092477.892.81$2,594
Oct 2023080585.443.09$2,485
Sep 2023090489.042.74$2,472
Aug 2023091280.522.67$2,438
Jul 202301,48174.852.64$3,913
Jun 202301,47668.962.26$3,334
May 202301,12470.622.23$2,504
Apr 202301,03678.122.24$2,318
Mar 202301,07072.852.39$2,561
Feb 2023092475.112.47$2,278
Jan 202301,04376.533.39$3,533
Dec 2022099276.415.73$5,683
Nov 202201,07185.005.65$6,047
Oct 202201,15687.185.86$6,779
Sep 202201,09384.888.16$8,923
Aug 202201,02394.529.13$9,337
Jul 202201,126101.587.54$8,492
Jun 20220871115.097.98$6,948
May 20220161109.378.43$1,358
Apr 202201,196104.226.84$8,178
Mar 202201,282108.885.08$6,508
Feb 202201,06791.054.86$5,184
Jan 202201,22481.844.54$5,554
Dec 2021089171.323.90$3,474
Nov 2021090277.435.24$4,724
Oct 202101,20779.795.71$6,897
Sep 202101,32269.865.35$7,074
Aug 202101,37866.024.22$5,816
Jul 202101,31170.783.98$5,221
Jun 202101,02669.493.38$3,469
May 202101,22263.483.02$3,688
Apr 2021058660.362.76$1,616
Mar 2021064961.302.72$1,763
Feb 2021047657.805.55$2,641
Jan 2021058650.412.81$1,647
Dec 2020090144.642.68$2,411
Nov 202001,05638.772.71$2,858
Oct 202001,40936.972.48$3,492
Sep 202001,28037.091.99$2,549
Aug 202001,13239.982.39$2,700
Jul 202001,15438.371.83$2,106
Jun 202001,34634.901.69$2,275
May 202001,42116.921.81$2,579
Apr 202001,40314.751.80$2,532
Mar 202001,47030.341.86$2,729
Feb 202001,24749.881.98$2,470
Jan 202001,46857.252.09$3,075
Dec 201901,56359.012.30$3,602
Nov 201901,35555.302.75$3,727
Oct 201901,48553.472.42$3,592
Sep 201901,54855.052.66$4,113
Aug 201901,41253.112.30$3,254
Jul 201901,64756.272.46$4,052
Jun 201901,50252.782.49$3,742
May 201901,50158.482.74$4,113
Apr 201901,45462.632.75$4,000
Mar 201901,48756.803.06$4,553
Feb 201901,41350.852.79$3,945
Jan 201901,54246.033.23$4,978
Dec 201801,58046.594.19$6,613
Nov 201801,58752.934.24$6,725
Oct 201801,87761.443.40$6,378
Sep 201801,77959.543.11$5,529
Aug 201801,78059.403.07$5,458
Jul 201801,70465.142.93$4,996
Jun 201801,72460.183.08$5,305
May 201801,75565.382.90$5,091
Apr 201801,50563.842.90$4,366
Mar 201801,61761.222.79$4,506
Feb 201801,57861.782.77$4,365
Jan 201801,64962.874.01$6,611
Dec 201701,70557.272.92$4,981
Nov 201701,72355.423.12$5,373
Oct 201701,71349.292.98$5,111
Sep 201701,71447.523.09$5,292
Aug 201701,74145.373.00$5,231
Jul 201701,77743.873.09$5,486
Jun 201701,69042.493.09$5,218
May 201701,61445.373.26$5,267
Apr 201701,55847.933.21$5,004
Mar 201701,68146.772.98$5,016
Feb 201701,59250.452.95$4,701
Jan 201701,67549.413.42$5,726
Dec 201601,83848.763.72$6,843
Nov 201601,76342.492.64$4,662
Oct 201601,87846.193.09$5,804
Sep 201601,60841.553.10$4,986
Aug 201602,09741.442.92$6,132
Jul 201601,95141.622.92$5,705
Jun 201601,89845.352.69$5,098
May 201601,99242.521.99$3,966
Apr 201661,96736.561.99$4,136
Mar 201601,84333.011.79$3,306
Feb 201601,19026.472.06$2,456
Jan 201601,37727.352.36$3,256
Dec 201501,48832.362.00$2,978
Nov 201501,74638.792.17$3,784
Oct 201502,10543.552.43$5,108
Sep 201502,03942.992.76$5,624
Aug 201502,18940.162.87$6,288
Jul 201502,12548.152.95$6,258
Jun 201502,01756.152.88$5,815
May 201502,11755.212.96$6,257
Apr 201502,09649.822.71$5,673
Mar 201502,17242.892.93$6,374
Feb 201501,98944.662.98$5,920
Jan 201502,23343.433.10$6,924
Dec 201402,25054.693.59$8,081
Nov 201402,16070.464.25$9,184
Oct 201402,23078.303.90$8,699
Sep 201402,05386.164.05$8,305
Aug 201402,30089.394.04$9,281
Jul 201402,38996.564.18$9,985
Jun 201402,23298.164.74$10,573
May 201402,29494.734.73$10,843
Apr 201402,22595.944.81$10,700
Mar 201402,44895.895.06$12,379
Feb 201402,19397.406.19$13,579
Jan 201402,33790.404.86$11,360
Dec 201302,16791.824.35$9,436
Nov 201302,37688.853.74$8,882
Oct 201302,44497.423.78$9,237
Sep 201302,292104.113.72$8,521
Aug 201302,302104.253.52$8,109
Jul 201302,322102.523.72$8,633
Jun 201302,21794.403.93$8,720
May 201302,29994.834.15$9,539
Apr 201302,30793.964.28$9,880
Mar 201302,30793.623.91$9,027
Feb 201301,81691.233.42$6,211
Jan 201301,77391.603.42$6,064
Dec 201202,09686.773.42$7,169
Nov 201202,28986.953.62$8,298
Oct 201202,53089.383.40$8,601
Sep 201202,44594.672.92$7,135
Aug 201203,73792.662.91$10,868
Jul 201202,38785.133.02$7,211
Jun 201202,89079.822.52$7,280
May 201212,88291.612.49$7,263
Apr 2012182,927101.652.00$7,674
Mar 201203,018105.052.22$6,706
Feb 201202,819101.102.57$7,246
Jan 201202,98398.092.73$8,156
Dec 201102,93396.873.24$9,502
Nov 201102,87195.723.31$9,507
Oct 201102,96184.983.65$10,803
Sep 201102,88383.623.99$11,491
Aug 201103,91283.404.15$16,232
Jul 201102,37694.144.52$10,733
Jun 201103,02492.904.64$14,031
May 201103,48198.134.40$15,333
Apr 201103,106105.964.33$13,459
Mar 201103,25596.364.06$13,207
Feb 201102,83185.644.18$11,834
Jan 201103,26786.504.59$14,992
Dec 201003,29485.734.35$14,321
Nov 201003,20980.843.80$12,179
Oct 201003,29878.103.51$11,572
Sep 201003,29072.633.98$13,092
Aug 201003,35673.684.42$14,831
Jul 201003,36772.554.74$15,948
Jun 201003,35470.364.91$16,469
May 201003,52071.124.24$14,908
Apr 201003,41881.694.12$14,091
Mar 201003,56278.394.39$15,632
Feb 201003,14773.585.44$17,127
Jan 201003,61474.365.96$21,554
Dec 200903,64971.445.48$20,010
Nov 200903,59374.593.75$13,479
Oct 200903,75172.544.11$15,418
Sep 200903,64665.543.06$11,174
Aug 200903,78767.423.22$12,188
Jul 200903,83461.133.46$13,283
Jun 200903,81866.163.90$14,871
May 200903,94354.743.93$15,479
Apr 200903,80046.773.59$13,633
Mar 200904,01442.144.06$16,293
Feb 200903,66032.814.63$16,957
Jan 200904,17335.865.37$22,413
Dec 200804,32637.105.98$25,857
Nov 200804,01755.496.86$27,558
Oct 200804,20675.246.92$29,114
Sep 200804,106101.767.88$32,343
Aug 200804,347114.228.48$36,876
Jul 200804,286131.0811.39$48,815
Jun 200804,257131.3313.03$55,480
May 200804,464123.1711.57$51,668
Apr 200804,150110.3110.45$43,388
Mar 200804,492101.909.66$43,411
Feb 200804,29992.538.77$37,705
Jan 200804,79690.388.21$39,355
Dec 200705,15888.337.30$37,664
Nov 200704,44391.677.29$32,397
Oct 200714,62982.856.92$32,125
Sep 200714,42775.846.24$27,719
Aug 200774,65869.066.39$30,238
Jul 2007374,77570.906.39$33,126
Jun 200704,48962.007.55$33,885
May 200702,25258.747.85$17,670
Apr 200706,69959.617.81$52,287
Mar 200706,88556.927.30$50,274
Feb 200706,21255.108.22$51,038
Jan 200707,22350.306.73$48,588
Dec 200606,55556.656.92$45,350
Nov 200606,57254.207.62$50,062
Oct 200606,71954.906.01$40,407
Sep 200606,62860.085.04$33,387
Aug 200607,02068.717.34$51,526
Jul 200607,10769.376.34$45,078
Jun 200606,99566.286.38$44,655
May 200607,35866.016.42$47,275
Apr 200607,20964.397.36$53,062
Mar 200607,51056.707.08$53,193
Feb 200607,09357.597.75$54,979
Jan 2006787,92560.598.93$75,523
Dec 200508,62954.9413.42$115,761
Nov 200507,87454.6910.59$83,373
Oct 200508,26558.3413.80$114,022
Sep 200508,08761.4512.08$97,683
Aug 200508,66761.519.80$84,909
Jul 200508,55055.697.84$67,063
Jun 200508,43752.337.38$62,274
May 200508,99345.226.65$59,814
Apr 200508,83849.207.36$65,052
Mar 200509,14150.377.15$65,403
Feb 200508,50345.226.31$53,670
Jan 200509,55243.166.32$60,390
Dec 200409,30939.866.75$62,846
Nov 200408,32745.286.33$52,713
Oct 200408,90849.706.52$58,037
Sep 200408,84043.245.28$46,710
Aug 200409,67742.375.55$53,714
Jul 2004010,05238.286.08$61,158
Jun 2004949,73336.106.43$66,006
May 2004010,32237.486.49$67,037
Apr 2004010,26334.475.86$60,125
Mar 2004011,00034.365.53$60,832
Feb 2004010,13032.455.51$55,812
Jan 200408,84332.036.30$55,708
Dec 2003010,71130.266.30$67,497
Nov 2003959,85928.804.60$48,040
Oct 200309,81328.174.76$46,706
Sep 2003013,72326.314.75$65,175
Aug 2003010,28929.765.13$52,780
Jul 2003014,46129.415.17$74,776
Jun 2003014,55128.565.98$87,058
May 2003015,46526.595.97$92,368
Apr 20039315,50626.675.41$86,326
Mar 2003016,59831.146.10$101,182
Feb 2003015,61933.487.93$123,794
Jan 2003017,58030.315.58$98,132
Dec 2002013,27726.914.85$64,443
Nov 20020024.664.14$0
Oct 20020026.464.23$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                2,297 Mcf  × $  3.05 =     $6,996

────────────────────────────────────────────────────
Month total                                   $6,996

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/194107 is the state's own key, not one this site invented.