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 194738District 09Field 652802002 tax incentive programmesCondensateGasSaveExport
Value, all time
$5.1 M
Dec 2002 – May 2026
Value, last 12 filed months
$24 k
at the published price for each month
Months reported
282
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 Gas112005-06-20154944
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
CondensateDisposition641 bbl$26,606
GasProduction874,139 Mcf$5,111,270
Total$5,137,876

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 33.1576, -97.3953. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

33.15763, -97.39532 · 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
8,052 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 8,052 ft.

Completions filed
Dec 2002
1 of 1 wells

1 well

42-4973507698,052 ftDec 2002

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 (282)

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

282 months

May 20260391106.413.05$1,191
Apr 2026040598.932.87$1,162
Mar 2026043489.753.15$1,367
Feb 2026042163.503.75$1,579
Jan 2026094159.138.00$7,526
Dec 2025060156.664.41$2,652
Nov 2025038058.593.93$1,492
Oct 2025036659.383.30$1,210
Sep 2025039062.743.08$1,200
Aug 2025049363.933.01$1,486
Jul 2025050666.743.32$1,677
Jun 2025050566.483.13$1,580
May 2025052960.553.23$1,710
Apr 2025053162.363.54$1,881
Mar 2025051367.704.27$2,190
Feb 2025040870.884.34$1,771
Jan 2025053874.324.28$2,302
Dec 2024057068.993.12$1,779
Nov 2024046969.052.20$1,031
Oct 2024052571.372.28$1,198
Sep 2024059569.612.36$1,407
Aug 2024059075.632.06$1,218
Jul 2024063179.932.15$1,355
Jun 2024061978.082.63$1,630
May 2024069578.812.20$1,528
Apr 2024048484.451.66$803
Mar 2024040280.301.55$621
Feb 2024046576.091.78$829
Jan 2024085573.023.30$2,820
Dec 2023088871.262.61$2,318
Nov 2023092577.892.81$2,597
Oct 2023093785.443.09$2,893
Sep 2023088889.042.74$2,429
Aug 2023088380.522.67$2,360
Jul 2023079874.852.64$2,108
Jun 2023065768.962.26$1,484
May 2023072470.622.23$1,613
Apr 2023064878.122.24$1,450
Mar 2023044172.852.39$1,055
Feb 2023036275.112.47$893
Jan 2023041176.533.39$1,392
Dec 2022022076.415.73$1,260
Nov 2022034285.005.65$1,931
Oct 2022043687.185.86$2,557
Sep 2022026784.888.16$2,180
Aug 2022026194.529.13$2,382
Jul 20220279101.587.54$2,104
Jun 20220291115.097.98$2,321
May 20220323109.378.43$2,724
Apr 20220326104.226.84$2,229
Mar 20220380108.885.08$1,929
Feb 2022054891.054.86$2,663
Jan 2022091881.844.54$4,166
Dec 202101,01471.323.90$3,954
Nov 2021093877.435.24$4,912
Oct 202101,07979.795.71$6,165
Sep 2021072969.865.35$3,901
Aug 2021063766.024.22$2,689
Jul 2021079370.783.98$3,158
Jun 2021084669.493.38$2,860
May 2021089263.483.02$2,692
Apr 2021091560.362.76$2,524
Mar 2021097061.302.72$2,635
Feb 2021098457.805.55$5,459
Jan 202101,07150.412.81$3,010
Dec 202001,09244.642.68$2,922
Nov 202001,07638.772.71$2,912
Oct 202001,02636.972.48$2,543
Sep 202001,02037.091.99$2,031
Aug 202001,09839.982.39$2,619
Jul 202001,06338.371.83$1,940
Jun 202001,00434.901.69$1,697
May 202001,18116.921.81$2,143
Apr 202001,13414.751.80$2,046
Mar 202001,07630.341.86$1,997
Feb 2020099949.881.98$1,979
Jan 202001,09257.252.09$2,287
Dec 201901,16759.012.30$2,689
Nov 201901,14755.302.75$3,155
Oct 201901,19353.472.42$2,885
Sep 201901,09755.052.66$2,915
Aug 201901,09753.112.30$2,528
Jul 201901,17556.272.46$2,891
Jun 201901,16752.782.49$2,907
May 201901,21358.482.74$3,324
Apr 201901,21362.632.75$3,337
Mar 201901,20056.803.06$3,675
Feb 201901,09450.852.79$3,055
Jan 2019099246.033.23$3,202
Dec 201801,34746.594.19$5,638
Nov 201801,40052.934.24$5,932
Oct 201801,10961.443.40$3,768
Sep 2018058859.543.11$1,828
Aug 2018081159.403.07$2,487
Jul 201801,12665.142.93$3,301
Jun 2018070260.183.08$2,160
May 201801,21865.382.90$3,533
Apr 201801,18363.842.90$3,432
Mar 201801,22061.222.79$3,400
Feb 201801,08561.782.77$3,001
Jan 201801,19762.874.01$4,799
Dec 201701,10557.272.92$3,228
Nov 201701,16655.423.12$3,636
Oct 201701,08249.292.98$3,228
Sep 201701,10347.523.09$3,405
Aug 2017090045.373.00$2,704
Jul 201701,23243.873.09$3,804
Jun 201701,22642.493.09$3,785
May 201701,32445.373.26$4,321
Apr 201701,30847.933.21$4,201
Mar 201701,36746.772.98$4,079
Feb 201701,18250.452.95$3,490
Jan 201701,35849.413.42$4,643
Dec 201601,32448.763.72$4,929
Nov 201601,34142.492.64$3,546
Oct 201601,38846.193.09$4,289
Sep 201601,34341.553.10$4,164
Aug 201601,47841.442.92$4,322
Jul 201601,38941.622.92$4,062
Jun 201601,43545.352.69$3,854
May 201601,52642.521.99$3,038
Apr 201601,40036.561.99$2,787
Mar 201601,43233.011.79$2,569
Feb 2016095826.472.06$1,977
Jan 2016078927.352.36$1,865
Dec 2015095532.362.00$1,911
Nov 201501,44438.792.17$3,130
Oct 201501,61143.552.43$3,909
Sep 201501,54642.992.76$4,265
Aug 201501,61040.162.87$4,625
Jul 201501,65048.152.95$4,859
Jun 201501,47356.152.88$4,246
May 201501,66255.212.96$4,912
Apr 201501,60949.822.71$4,355
Mar 201501,62042.892.93$4,754
Feb 201501,39044.662.98$4,137
Jan 201501,61043.433.10$4,992
Dec 201401,58454.693.59$5,689
Nov 201401,54770.464.25$6,578
Oct 201401,61778.303.90$6,308
Sep 201401,60386.164.05$6,485
Aug 201401,58689.394.04$6,400
Jul 201401,61096.564.18$6,729
Jun 201401,50898.164.74$7,143
May 201401,61694.734.73$7,638
Apr 201401,58495.944.81$7,618
Mar 201401,70095.895.06$8,597
Feb 201401,56097.406.19$9,660
Jan 201401,72290.404.86$8,370
Dec 201301,68491.824.35$7,333
Nov 201301,67188.853.74$6,247
Oct 201301,71397.423.78$6,474
Sep 201301,699104.113.72$6,316
Aug 201301,801104.253.52$6,344
Jul 201301,809102.523.72$6,725
Jun 201301,77594.403.93$6,982
May 201301,79994.834.15$7,464
Apr 201301,76393.964.28$7,550
Mar 201301,65693.623.91$6,480
Feb 201301,68491.233.42$5,759
Jan 201301,94391.603.42$6,645
Dec 201201,84386.773.42$6,303
Nov 201201,78286.953.62$6,460
Oct 201201,68889.383.40$5,739
Sep 201201,38794.672.92$4,048
Aug 201201,83892.662.91$5,345
Jul 201201,84085.133.02$5,558
Jun 201201,74979.822.52$4,406
May 201211,82091.612.49$4,620
Apr 2012181,793101.652.00$5,410
Mar 201201,869105.052.22$4,153
Feb 201201,833101.102.57$4,711
Jan 201202,04598.092.73$5,591
Dec 201102,07396.873.24$6,716
Nov 201102,06395.723.31$6,831
Oct 201102,06584.983.65$7,534
Sep 201102,00983.623.99$8,007
Aug 201103,11383.404.15$12,917
Jul 201103,34594.144.52$15,110
Jun 201101,61492.904.64$7,489
May 201102,41998.134.40$10,655
Apr 201102,371105.964.33$10,274
Mar 201102,52896.364.06$10,257
Feb 201101,88585.644.18$7,879
Jan 201102,50186.504.59$11,477
Dec 201002,49485.734.35$10,843
Nov 201002,44580.843.80$9,280
Oct 201002,58378.103.51$9,063
Sep 201002,54072.633.98$10,108
Aug 201002,74573.684.42$12,131
Jul 201002,76972.554.74$13,115
Jun 201002,61670.364.91$12,846
May 201002,73771.124.24$11,592
Apr 201002,69481.694.12$11,107
Mar 201002,81778.394.39$12,363
Feb 201002,59673.585.44$14,128
Jan 201002,99574.365.96$17,862
Dec 200903,06371.445.48$16,797
Nov 200902,95074.593.75$11,067
Oct 200903,49472.544.11$14,361
Sep 200903,46665.543.06$10,622
Aug 200903,92467.423.22$12,629
Jul 200902,80761.133.46$9,725
Jun 200901,03866.163.90$4,043
May 20090054.743.93$0
Apr 20090046.773.59$0
Mar 20090042.144.06$0
Feb 20090032.814.63$0
Jan 20090035.865.37$0
Dec 20080037.105.98$0
Nov 200801,76555.496.86$12,109
Oct 200803,39575.246.92$23,500
Sep 200803,294101.767.88$25,947
Aug 200803,512114.228.48$29,792
Jul 200803,471131.0811.39$39,533
Jun 200803,536131.3313.03$46,083
May 200803,564123.1711.57$41,251
Apr 200803,274110.3110.45$34,229
Mar 200803,667101.909.66$35,438
Feb 200803,29292.538.77$28,873
Jan 200803,61990.388.21$29,697
Dec 200704,12688.337.30$30,128
Nov 200703,73491.677.29$27,227
Oct 200713,58982.856.92$24,926
Sep 200733,56775.846.24$22,500
Aug 2007163,76569.066.39$25,156
Jul 2007874,22670.906.39$33,164
Jun 200705,11862.007.55$38,633
May 200706,90258.747.85$54,155
Apr 200704,32659.617.81$33,765
Mar 200702,29456.927.30$16,751
Feb 200706,69155.108.22$54,973
Jan 200706,77150.306.73$45,548
Dec 200607,04456.656.92$48,733
Nov 200607,05454.207.62$53,734
Oct 200607,18154.906.01$43,185
Sep 200607,00760.085.04$35,296
Aug 200606,98168.717.34$51,240
Jul 200607,38369.376.34$46,829
Jun 200607,33166.286.38$46,800
May 200607,54866.016.42$48,496
Apr 200607,41564.397.36$54,578
Mar 200607,95356.707.08$56,330
Feb 200607,01957.597.75$54,405
Jan 200607,87760.598.93$70,368
Dec 200508,19454.9413.42$109,926
Nov 200507,77754.6910.59$82,346
Oct 200508,04958.3413.80$111,042
Sep 200507,74061.4512.08$93,491
Aug 200508,30861.519.80$81,392
Jul 200508,24255.697.84$64,647
Jun 200508,17552.337.38$60,340
May 200508,61345.226.65$57,286
Apr 200508,27249.207.36$60,886
Mar 200508,74450.377.15$62,562
Feb 2005948,55545.226.31$58,249
Jan 200509,88543.166.32$62,495
Dec 2004011,69839.866.75$78,974
Nov 200409,73545.286.33$61,627
Oct 2004010,43949.706.52$68,011
Sep 2004010,36643.245.28$54,773
Aug 2004011,57942.375.55$64,271
Jul 2004011,12338.286.08$67,674
Jun 2004010,96136.106.43$70,512
May 20049211,66537.486.49$79,207
Apr 2004011,71234.475.86$68,614
Mar 2004012,18234.365.53$67,368
Feb 2004012,39432.455.51$68,286
Jan 2004013,47932.036.30$84,913
Dec 2003013,74130.266.30$86,591
Nov 20039613,87728.804.60$66,532
Oct 2003015,10528.174.76$71,894
Sep 2003014,56126.314.75$69,155
Aug 2003014,91929.765.13$76,530
Jul 2003016,64329.415.17$86,058
Jun 20038217,17128.565.98$105,075
May 2003018,98026.595.97$113,361
Apr 20039120,22326.675.41$111,778
Mar 20036023,71631.146.10$146,442
Feb 2003018,33433.487.93$145,313
Jan 20030030.315.58$0
Dec 20020026.914.85$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                  391 Mcf  × $  3.05 =     $1,191

────────────────────────────────────────────────────
Month total                                   $1,191

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/194738 is the state's own key, not one this site invented.