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 196241District 09Field 652802002 tax incentive programmesCondensateGasSaveExport
Value, all time
$10.0 M
Jun 2003 – May 2026
Value, last 12 filed months
$120 k
at the published price for each month
Months reported
276
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 Gas112004-03-04153778
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
CondensateDisposition182 bbl$6,597
GasProduction1,955,046 Mcf$10,001,643
Total$10,008,240

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 33.1921, -97.2675. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

33.19211, -97.26755 · 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
8,700 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 8,700 ft.

Completions filed
Jun 2003
1 of 1 wells

1 well

42-1213189068,700 ftJun 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 (276)

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

276 months

May 202602,760106.413.05$8,407
Apr 202602,75598.932.87$7,906
Mar 202602,89489.753.15$9,114
Feb 202602,73263.503.75$10,246
Jan 202602,64759.138.00$21,170
Dec 202502,76556.664.41$12,203
Nov 202502,83058.593.93$11,112
Oct 202502,80159.383.30$9,257
Sep 202502,81362.743.08$8,655
Aug 202502,37663.933.01$7,163
Jul 202502,22766.743.32$7,383
Jun 202502,26566.483.13$7,087
May 202502,41560.553.23$7,806
Apr 202502,76162.363.54$9,783
Mar 202502,82267.704.27$12,045
Feb 202502,17370.884.34$9,433
Jan 202502,54174.324.28$10,872
Dec 202402,85568.993.12$8,912
Nov 202402,91869.052.20$6,415
Oct 202403,07871.372.28$7,022
Sep 202403,02469.612.36$7,150
Aug 202402,89275.632.06$5,968
Jul 202402,91679.932.15$6,259
Jun 202403,02678.082.63$7,970
May 202403,10578.812.20$6,826
Apr 202402,93984.451.66$4,876
Mar 202403,08580.301.55$4,767
Feb 202402,91376.091.78$5,196
Jan 202403,06673.023.30$10,111
Dec 202303,11471.262.61$8,130
Nov 202303,03877.892.81$8,529
Oct 202303,19185.443.09$9,852
Sep 202303,05889.042.74$8,364
Aug 202303,19580.522.67$8,540
Jul 202303,19574.852.64$8,441
Jun 202303,09668.962.26$6,992
May 202303,24270.622.23$7,221
Apr 202303,14578.122.24$7,038
Mar 202303,26272.852.39$7,806
Feb 202303,12175.112.47$7,695
Jan 202303,30976.533.39$11,210
Dec 202203,34476.415.73$19,158
Nov 202203,18985.005.65$18,006
Oct 202203,33987.185.86$19,579
Sep 202203,27384.888.16$26,720
Aug 202203,39694.529.13$30,996
Jul 202203,279101.587.54$24,730
Jun 202203,123115.097.98$24,913
May 202203,329109.378.43$28,074
Apr 202203,236104.226.84$22,126
Mar 202203,491108.885.08$17,722
Feb 202203,26891.054.86$15,879
Jan 202203,38881.844.54$15,374
Dec 202103,50171.323.90$13,651
Nov 202103,39177.435.24$17,758
Oct 202103,57479.795.71$20,421
Sep 202103,47769.865.35$18,605
Aug 202103,44466.024.22$14,536
Jul 202103,61570.783.98$14,395
Jun 202103,50669.493.38$11,852
May 202103,63863.483.02$10,978
Apr 202103,61160.362.76$9,961
Mar 202103,91761.302.72$10,642
Feb 202103,41357.805.55$18,935
Jan 202103,60350.412.81$10,125
Dec 202003,58944.642.68$9,602
Nov 202003,51938.772.71$9,524
Oct 202003,71436.972.48$9,205
Sep 202003,59937.091.99$7,166
Aug 202003,71239.982.39$8,853
Jul 202003,75638.371.83$6,855
Jun 202003,68034.901.69$6,220
May 202003,78316.921.81$6,865
Apr 202003,67514.751.80$6,631
Mar 202003,74030.341.86$6,942
Feb 202003,44049.881.98$6,814
Jan 202003,71557.252.09$7,782
Dec 201903,82459.012.30$8,812
Nov 201903,69855.302.75$10,172
Oct 201903,92453.472.42$9,490
Sep 201903,83855.052.66$10,199
Aug 201904,05153.112.30$9,335
Jul 201904,11656.272.46$10,126
Jun 201903,85552.782.49$9,604
May 201904,09258.482.74$11,213
Apr 201903,99662.632.75$10,992
Mar 201904,16356.803.06$12,748
Feb 201903,85350.852.79$10,758
Jan 201904,31146.033.23$13,917
Dec 201804,33546.594.19$18,144
Nov 201804,13152.934.24$17,504
Oct 201804,39061.443.40$14,918
Sep 201804,31659.543.11$13,414
Aug 201804,41459.403.07$13,536
Jul 201804,41465.142.93$12,941
Jun 201804,34160.183.08$13,357
May 201804,58265.382.90$13,291
Apr 201804,51363.842.90$13,091
Mar 201804,78161.222.79$13,324
Feb 201804,12261.782.77$11,402
Jan 201804,43762.874.01$17,789
Dec 201704,37957.272.92$12,793
Nov 201704,18955.423.12$13,063
Oct 201704,40049.292.98$13,128
Sep 201704,27147.523.09$13,186
Aug 201704,41245.373.00$13,255
Jul 201704,50343.873.09$13,902
Jun 201704,39342.493.09$13,562
May 201704,61745.373.26$15,067
Apr 201704,54647.933.21$14,600
Mar 201704,70946.772.98$14,050
Feb 201704,27750.452.95$12,628
Jan 201705,22149.413.42$17,850
Dec 201604,63648.763.72$17,259
Nov 201604,56142.492.64$12,061
Oct 201604,70646.193.09$14,543
Sep 201604,67241.553.10$14,486
Aug 201604,87541.442.92$14,256
Jul 201604,97141.622.92$14,537
Jun 201604,67445.352.69$12,554
May 201604,86142.521.99$9,678
Apr 201604,89536.561.99$9,746
Mar 201604,99333.011.79$8,957
Feb 201604,01326.472.06$8,281
Jan 201604,96427.352.36$11,737
Dec 201505,16632.362.00$10,339
Nov 201505,00438.792.17$10,845
Oct 201505,27943.552.43$12,810
Sep 201505,22742.992.76$14,418
Aug 201505,46640.162.87$15,701
Jul 201505,53048.152.95$16,286
Jun 201505,34556.152.88$15,409
May 201505,47555.212.96$16,181
Apr 201505,38249.822.71$14,567
Mar 201505,53842.892.93$16,252
Feb 201505,23744.662.98$15,586
Jan 201505,67243.433.10$17,587
Dec 201405,75854.693.59$20,679
Nov 201405,62670.464.25$23,921
Oct 201405,88978.303.90$22,973
Sep 201405,56986.164.05$22,529
Aug 201405,93489.394.04$23,944
Jul 201405,93396.564.18$24,798
Jun 201405,79798.164.74$27,460
May 201406,10894.734.73$28,870
Apr 201405,98895.944.81$28,797
Mar 201406,11095.895.06$30,897
Feb 201405,57397.406.19$34,508
Jan 201406,19690.404.86$30,117
Dec 201305,80091.824.35$25,256
Nov 201306,16888.853.74$23,058
Oct 201306,35697.423.78$24,022
Sep 201306,232104.113.72$23,169
Aug 201306,503104.253.52$22,908
Jul 201306,580102.523.72$24,463
Jun 201306,29594.403.93$24,761
May 201306,33794.834.15$26,293
Apr 201306,31193.964.28$27,027
Mar 201306,75593.623.91$26,431
Feb 201306,30991.233.42$21,576
Jan 201306,97391.603.42$23,847
Dec 201207,26486.773.42$24,844
Nov 201206,25286.953.62$22,663
Oct 201206,81489.383.40$23,165
Sep 201207,04794.672.92$20,566
Aug 201207,36792.662.91$21,424
Jul 201207,42685.133.02$22,432
Jun 201207,25079.822.52$18,263
May 201207,26091.612.49$18,065
Apr 201207,865101.652.00$15,705
Mar 201208,225105.052.22$18,277
Feb 201207,199101.102.57$18,503
Jan 201207,95098.092.73$21,736
Dec 201108,04196.873.24$26,051
Nov 201107,66895.723.31$25,391
Oct 201108,36684.983.65$30,524
Sep 201108,69583.623.99$34,657
Aug 201107,86883.404.15$32,647
Jul 201108,42794.144.52$38,067
Jun 201107,51892.904.64$34,883
May 201107,88398.134.40$34,723
Apr 201106,712105.964.33$29,085
Mar 201107,51496.364.06$30,487
Feb 201107,83685.644.18$32,754
Jan 201109,50886.504.59$43,630
Dec 201009,80085.734.35$42,608
Nov 2010010,02380.843.80$38,041
Oct 2010010,96978.103.51$38,489
Sep 2010011,47472.633.98$45,660
Aug 2010013,19773.684.42$58,322
Jul 2010015,68372.554.74$74,282
Jun 201009,95670.364.91$48,888
May 20100071.124.24$0
Apr 201004,12381.694.12$16,998
Mar 201006,21078.394.39$27,254
Feb 201005,91073.585.44$32,164
Jan 201005,10274.365.96$30,429
Dec 200905,02071.445.48$27,528
Nov 200905,54574.593.75$20,802
Oct 200906,45472.544.11$26,528
Sep 200906,30065.543.06$19,308
Aug 200906,62667.423.22$21,326
Jul 200906,48061.133.46$22,450
Jun 200906,39166.163.90$24,893
May 200906,84354.743.93$26,864
Apr 200906,51046.773.59$23,355
Mar 200906,88142.144.06$27,930
Feb 200906,24632.814.63$28,938
Jan 200906,88135.865.37$36,958
Dec 200807,13137.105.98$42,623
Nov 200806,77555.496.86$46,479
Oct 200807,14775.246.92$49,471
Sep 200806,974101.767.88$54,935
Aug 200807,378114.228.48$62,588
Jul 200807,436131.0811.39$84,692
Jun 200807,374131.3313.03$96,103
May 200807,637123.1711.57$88,393
Apr 200807,716110.3110.45$80,670
Mar 200808,010101.909.66$77,409
Feb 200807,59192.538.77$66,577
Jan 200808,21490.388.21$67,402
Dec 200708,47388.337.30$61,870
Nov 200717,76291.677.29$56,690
Oct 200728,66982.856.92$60,172
Sep 200768,19075.846.24$51,595
Aug 2007288,98769.066.39$59,342
Jul 200709,05970.906.39$57,868
Jun 200708,91162.007.55$67,264
May 200709,35358.747.85$73,386
Apr 200708,71059.617.81$67,983
Mar 200709,62556.927.30$70,281
Feb 200708,48555.108.22$69,713
Jan 200709,60350.306.73$64,598
Dec 200607,60856.656.92$52,635
Nov 200609,66754.207.62$73,638
Oct 2006010,04254.906.01$60,391
Sep 200609,84960.085.04$49,611
Aug 2006010,63268.717.34$78,038
Jul 2006010,79469.376.34$68,464
Jun 200609,85366.286.38$62,900
May 2006011,10966.016.42$71,375
Apr 200609,65164.397.36$71,036
Mar 2006010,37856.707.08$73,507
Feb 2006010,24557.597.75$79,410
Jan 2006011,44160.598.93$102,206
Dec 2005012,27054.9413.42$164,607
Nov 2005010,21154.6910.59$108,118
Oct 2005011,82258.3413.80$163,093
Sep 2005012,20761.4512.08$147,448
Aug 2005013,73361.519.80$134,540
Jul 2005011,30355.697.84$88,657
Jun 2005013,82652.337.38$102,050
May 2005013,81745.226.65$91,899
Apr 2005010,98949.207.36$80,884
Mar 2005012,67350.377.15$90,674
Feb 2005012,49545.226.31$78,867
Jan 2005014,49943.166.32$91,666
Dec 2004013,80339.866.75$93,185
Nov 2004014,67945.286.33$92,924
Oct 2004018,56749.706.52$120,966
Sep 2004016,02843.245.28$84,690
Aug 2004017,50642.375.55$97,170
Jul 2004018,91838.286.08$115,101
Jun 2004015,28636.106.43$98,335
May 2004017,63637.486.49$114,538
Apr 2004018,93634.475.86$110,936
Mar 2004023,02634.365.53$127,337
Feb 2004022,75732.455.51$125,382
Jan 2004026,24332.036.30$165,321
Dec 2003028,41230.266.30$179,042
Nov 2003029,83028.804.60$137,074
Oct 20037335,96428.174.76$173,232
Sep 20037238,48826.314.75$184,688
Aug 2003042,01929.765.13$215,546
Jul 2003043,35629.415.17$224,187
Jun 2003017,40628.565.98$104,139

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                2,760 Mcf  × $  3.05 =     $8,407

────────────────────────────────────────────────────
Month total                                   $8,407

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/196241 is the state's own key, not one this site invented.