NICHOLSON

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 196228District 09Field 652802002 tax incentive programmesCondensateGasSaveExport
Value, all time
$6.7 M
Jul 2003 – May 2026
Value, last 12 filed months
$122 k
at the published price for each month
Months reported
275
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 Gas112004-03-04153776
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
CondensateDisposition25 bbl$1,790
GasProduction1,403,565 Mcf$6,744,729
Total$6,746,519

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 33.1814, -97.2710. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

33.18145, -97.27100 · 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
8,673 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 8,673 ft.

Completions filed
Jul 2003
1 of 1 wells

1 well

42-1213185988,673 ftJul 2003

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 (275)

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

275 months

May 202602,697106.413.05$8,215
Apr 202602,62798.932.87$7,539
Mar 202602,77289.753.15$8,730
Feb 202602,69563.503.75$10,107
Jan 202602,50659.138.00$20,043
Dec 202502,80356.664.41$12,371
Nov 202502,74658.593.93$10,782
Oct 202502,85559.383.30$9,435
Sep 202502,66362.743.08$8,194
Aug 202502,84863.933.01$8,586
Jul 202502,84466.743.32$9,428
Jun 202502,73966.483.13$8,570
May 202502,77460.553.23$8,966
Apr 202502,70162.363.54$9,570
Mar 202502,83867.704.27$12,113
Feb 202502,54770.884.34$11,056
Jan 202502,86274.324.28$12,246
Dec 202402,80468.993.12$8,752
Nov 202402,75369.052.20$6,052
Oct 202402,86371.372.28$6,532
Sep 202402,80469.612.36$6,630
Aug 202402,79475.632.06$5,766
Jul 202402,91179.932.15$6,249
Jun 202402,85278.082.63$7,512
May 202402,91778.812.20$6,413
Apr 202402,85584.451.66$4,737
Mar 202402,98380.301.55$4,609
Feb 202402,76476.091.78$4,930
Jan 202402,92073.023.30$9,629
Dec 202303,05971.262.61$7,986
Nov 202302,83977.892.81$7,971
Oct 202302,97785.443.09$9,191
Sep 202302,99789.042.74$8,197
Aug 202303,02980.522.67$8,096
Jul 202303,05474.852.64$8,068
Jun 202302,97868.962.26$6,726
May 202303,13170.622.23$6,974
Apr 202303,00878.122.24$6,731
Mar 202303,12872.852.39$7,486
Feb 202302,84075.112.47$7,003
Jan 202302,93876.533.39$9,953
Dec 202202,76676.415.73$15,847
Nov 202202,91285.005.65$16,442
Oct 20220087.185.86$0
Sep 202203,00384.888.16$24,516
Aug 202203,17094.529.13$28,933
Jul 202203,141101.587.54$23,690
Jun 202202,910115.097.98$23,214
May 202203,259109.378.43$27,483
Apr 202203,396104.226.84$23,220
Mar 202202,964108.885.08$15,046
Feb 202202,98391.054.86$14,494
Jan 202203,31381.844.54$15,033
Dec 202103,22771.323.90$12,582
Nov 202103,13477.435.24$16,412
Oct 202103,28579.795.71$18,770
Sep 202103,18769.865.35$17,053
Aug 202103,23666.024.22$13,658
Jul 202103,41370.783.98$13,591
Jun 202103,21569.493.38$10,869
May 202103,46663.483.02$10,459
Apr 202103,23560.362.76$8,923
Mar 202103,54861.302.72$9,640
Feb 202102,71057.805.55$15,035
Jan 202103,17750.412.81$8,928
Dec 202003,32144.642.68$8,885
Nov 202003,31538.772.71$8,972
Oct 202003,49536.972.48$8,662
Sep 202003,41737.091.99$6,803
Aug 202003,49139.982.39$8,326
Jul 202003,57638.371.83$6,527
Jun 202003,39734.901.69$5,742
May 202003,60416.921.81$6,540
Apr 202003,51414.751.80$6,341
Mar 202003,63330.341.86$6,744
Feb 202003,33249.881.98$6,600
Jan 202003,57857.252.09$7,495
Dec 201903,63359.012.30$8,372
Nov 201903,54455.302.75$9,748
Oct 201903,66453.472.42$8,862
Sep 201903,55555.052.66$9,447
Aug 201903,72353.112.30$8,579
Jul 201903,74956.272.46$9,223
Jun 201903,64452.782.49$9,078
May 201903,73558.482.74$10,235
Apr 201903,69362.632.75$10,158
Mar 201903,78956.803.06$11,602
Feb 201903,44050.852.79$9,605
Jan 201903,83946.033.23$12,393
Dec 201803,93546.594.19$16,470
Nov 201803,76452.934.24$15,949
Oct 201803,94161.443.40$13,392
Sep 201803,94259.543.11$12,252
Aug 201803,86359.403.07$11,846
Jul 201803,94665.142.93$11,569
Jun 201803,90660.183.08$12,018
May 201804,05965.382.90$11,774
Apr 201804,02663.842.90$11,679
Mar 201804,16161.222.79$11,596
Feb 201803,93061.782.77$10,871
Jan 201804,04662.874.01$16,222
Dec 201704,01957.272.92$11,742
Nov 201703,61955.423.12$11,285
Oct 201703,90149.292.98$11,639
Sep 201703,85347.523.09$11,895
Aug 201704,05345.373.00$12,177
Jul 201704,11843.873.09$12,713
Jun 201704,03242.493.09$12,448
May 201704,12145.373.26$13,448
Apr 201704,06847.933.21$13,065
Mar 201704,33046.772.98$12,919
Feb 201703,95650.452.95$11,680
Jan 201704,39649.413.42$15,029
Dec 201604,24248.763.72$15,792
Nov 201603,95842.492.64$10,466
Oct 201604,29046.193.09$13,257
Sep 201604,26141.553.10$13,212
Aug 201604,41641.442.92$12,914
Jul 201604,52841.622.92$13,241
Jun 201604,47945.352.69$12,030
May 201604,26042.521.99$8,482
Apr 201604,36036.561.99$8,681
Mar 201604,44533.011.79$7,974
Feb 201604,37826.472.06$9,035
Jan 201604,67027.352.36$11,042
Dec 201504,78432.362.00$9,575
Nov 201504,68538.792.17$10,154
Oct 201505,01343.552.43$12,164
Sep 201504,71442.992.76$13,003
Aug 201504,89040.162.87$14,046
Jul 201505,01348.152.95$14,764
Jun 201504,98956.152.88$14,383
May 201504,67955.212.96$13,829
Apr 201504,83649.822.71$13,089
Mar 201504,99842.892.93$14,668
Feb 201504,63644.662.98$13,798
Jan 201505,03743.433.10$15,618
Dec 201405,26954.693.59$18,923
Nov 201404,79670.464.25$20,392
Oct 201405,16278.303.90$20,137
Sep 201405,06986.164.05$20,506
Aug 201405,31189.394.04$21,431
Jul 201405,16496.564.18$21,583
Jun 201405,17898.164.74$24,528
May 201405,44294.734.73$25,722
Apr 201405,30395.944.81$25,503
Mar 201405,92095.895.06$29,936
Feb 201404,97197.406.19$30,780
Jan 201405,90490.404.86$28,698
Dec 201305,11091.824.35$22,251
Nov 201305,47788.853.74$20,475
Oct 201305,71597.423.78$21,599
Sep 201305,420104.113.72$20,150
Aug 201305,871104.253.52$20,681
Jul 201305,953102.523.72$22,132
Jun 201305,87294.403.93$23,097
May 201305,78094.834.15$23,982
Apr 201305,23993.964.28$22,436
Mar 201305,34793.623.91$20,922
Feb 201305,11891.233.42$17,503
Jan 201306,11891.603.42$20,923
Dec 201206,13586.773.42$20,983
Nov 201206,07386.953.62$22,014
Oct 201206,42289.383.40$21,833
Sep 201206,32494.672.92$18,456
Aug 201206,72192.662.91$19,546
Jul 201206,99785.133.02$21,137
Jun 201205,72579.822.52$14,422
May 201206,25091.612.49$15,552
Apr 201205,519101.652.00$11,020
Mar 201206,790105.052.22$15,088
Feb 201206,394101.102.57$16,434
Jan 201207,09698.092.73$19,401
Dec 201107,47696.873.24$24,220
Nov 201107,81995.723.31$25,891
Oct 201109,15784.983.65$33,410
Sep 201109,84683.623.99$39,244
Aug 2011012,08683.404.15$50,149
Jul 2011010,61994.144.52$47,969
Jun 2011011592.904.64$534
May 201103,62498.134.40$15,963
Apr 201103,460105.964.33$14,993
Mar 201103,89396.364.06$15,795
Feb 201103,54285.644.18$14,805
Jan 201103,75686.504.59$17,235
Dec 201003,75785.734.35$16,335
Nov 201003,85980.843.80$14,646
Oct 201003,74178.103.51$13,127
Sep 201003,96972.633.98$15,795
Aug 201004,20373.684.42$18,575
Jul 201004,23772.554.74$20,069
Jun 201004,07070.364.91$19,985
May 201004,28271.124.24$18,135
Apr 201004,11381.694.12$16,957
Mar 201004,18678.394.39$18,371
Feb 201003,73473.585.44$20,322
Jan 201004,18574.365.96$24,960
Dec 200903,14071.445.48$17,219
Nov 200904,00474.593.75$15,021
Oct 200904,23272.544.11$17,395
Sep 200904,15265.543.06$12,725
Aug 200904,34567.423.22$13,984
Jul 200904,35661.133.46$15,091
Jun 200904,22666.163.90$16,460
May 200904,39654.743.93$17,258
Apr 200904,28346.773.59$15,365
Mar 200904,44942.144.06$18,058
Feb 200904,05032.814.63$18,764
Jan 200904,49435.865.37$24,137
Dec 200804,64337.105.98$27,752
Nov 200804,45555.496.86$30,563
Oct 200804,84175.246.92$33,509
Sep 200804,726101.767.88$37,227
Aug 200804,903114.228.48$41,592
Jul 200804,847131.0811.39$55,205
Jun 200804,830131.3313.03$62,948
May 200805,030123.1711.57$58,219
Apr 200804,928110.3110.45$51,522
Mar 200805,229101.909.66$50,533
Feb 200804,78892.538.77$41,994
Jan 200804,81190.388.21$39,478
Dec 200704,91088.337.30$35,853
Nov 200714,81891.677.29$35,223
Oct 200715,27682.856.92$36,603
Sep 200745,13675.846.24$32,373
Aug 2007195,38569.066.39$35,711
Jul 200705,23070.906.39$33,409
Jun 200705,05162.007.55$38,127
May 200705,41158.747.85$42,456
Apr 200704,96159.617.81$38,722
Mar 200705,09256.927.30$37,182
Feb 200704,07255.108.22$33,456
Jan 200705,38850.306.73$36,244
Dec 200605,81256.656.92$40,210
Nov 200605,44154.207.62$41,447
Oct 200606,03054.906.01$36,263
Sep 200604,64060.085.04$23,373
Aug 200605,95168.717.34$43,680
Jul 200606,51169.376.34$41,298
Jun 200605,63566.286.38$35,973
May 200606,71666.016.42$43,150
Apr 200606,33264.397.36$46,607
Mar 200606,37456.707.08$45,147
Feb 200606,06957.597.75$47,042
Jan 200606,88860.598.93$61,533
Dec 200507,10654.9413.42$95,330
Nov 200505,61854.6910.59$59,486
Oct 200507,01658.3413.80$96,791
Sep 200507,46461.4512.08$90,158
Aug 200508,73161.519.80$85,536
Jul 200506,86255.697.84$53,823
Jun 200507,69852.337.38$56,819
May 200507,97645.226.65$53,050
Apr 200507,91249.207.36$58,236
Mar 200508,04850.377.15$57,582
Feb 200507,57345.226.31$47,800
Jan 200508,79143.166.32$55,578
Dec 200409,11839.866.75$61,556
Nov 200408,39645.286.33$53,150
Oct 200409,71749.706.52$63,307
Sep 200409,39343.245.28$49,632
Aug 2004010,52642.375.55$58,426
Jul 2004012,60338.286.08$76,679
Jun 2004011,67336.106.43$75,093
May 2004011,25337.486.49$73,084
Apr 2004012,10134.475.86$70,893
Mar 2004013,56734.365.53$75,027
Feb 2004013,42432.455.51$73,961
Jan 2004015,47032.036.30$97,455
Dec 2003016,63430.266.30$104,821
Nov 2003017,93028.804.60$82,391
Oct 2003020,42028.174.76$97,192
Sep 2003023,53626.314.75$111,781
Aug 2003032,70429.765.13$167,762
Jul 2003010,74229.415.17$55,545

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                2,697 Mcf  × $  3.05 =     $8,215

────────────────────────────────────────────────────
Month total                                   $8,215

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/196228 is the state's own key, not one this site invented.