GRAHAM, FRED L. 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 196427District 09Field 652802002 tax incentive programmesCondensateGasSaveExport
Value, all time
$7.6 M
May 2003 – May 2026
Value, last 12 filed months
$99 k
at the published price for each month
Months reported
277
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 Gas112005-08-11154206
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
CondensateDisposition3 bbl$136
GasProduction1,512,983 Mcf$7,552,604
Total$7,552,740

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 33.0648, -97.5483. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

33.06476, -97.54828 · 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
7,303 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 7,303 ft.

Completions filed
May 2003
1 of 1 wells

1 well

42-4973517387,303 ftMay 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 (277)

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

277 months

May 202602,326106.413.05$7,085
Apr 202602,02898.932.87$5,820
Mar 202602,28089.753.15$7,181
Feb 202602,16663.503.75$8,123
Jan 202602,08659.138.00$16,684
Dec 202502,36256.664.41$10,424
Nov 202502,14958.593.93$8,438
Oct 202502,17659.383.30$7,191
Sep 202502,18262.743.08$6,714
Aug 202502,24863.933.01$6,777
Jul 202502,29666.743.32$7,612
Jun 202502,14366.483.13$6,705
May 202502,13360.553.23$6,895
Apr 202502,17462.363.54$7,703
Mar 202502,32667.704.27$9,928
Feb 202502,12270.884.34$9,211
Jan 202502,40874.324.28$10,303
Dec 202402,54768.993.12$7,950
Nov 202402,47469.052.20$5,439
Oct 202402,41771.372.28$5,514
Sep 202402,29469.612.36$5,424
Aug 202402,38575.632.06$4,922
Jul 202402,46279.932.15$5,285
Jun 202402,41178.082.63$6,351
May 202402,50478.812.20$5,505
Apr 202402,52484.451.66$4,188
Mar 202402,55780.301.55$3,951
Feb 202402,44576.091.78$4,361
Jan 202402,59573.023.30$8,557
Dec 202302,66271.262.61$6,950
Nov 202302,59777.892.81$7,291
Oct 202302,67285.443.09$8,249
Sep 202302,62789.042.74$7,185
Aug 202302,76680.522.67$7,393
Jul 202302,74874.852.64$7,260
Jun 202302,59368.962.26$5,856
May 202302,76170.622.23$6,150
Apr 202302,75978.122.24$6,174
Mar 202302,77772.852.39$6,646
Feb 202302,60175.112.47$6,413
Jan 202302,77376.533.39$9,394
Dec 202202,84176.415.73$16,276
Nov 202202,90785.005.65$16,414
Oct 202202,87487.185.86$16,852
Sep 202202,83584.888.16$23,144
Aug 202202,74594.529.13$25,054
Jul 202202,789101.587.54$21,035
Jun 202202,734115.097.98$21,810
May 202202,978109.378.43$25,114
Apr 202202,877104.226.84$19,672
Mar 202203,107108.885.08$15,772
Feb 202203,34191.054.86$16,233
Jan 202203,15881.844.54$14,330
Dec 202103,16671.323.90$12,345
Nov 202103,10977.435.24$16,281
Oct 202103,31279.795.71$18,924
Sep 202103,32269.865.35$17,776
Aug 202103,79566.024.22$16,017
Jul 202102,10470.783.98$8,378
Jun 202101,51369.493.38$5,115
May 202101,42963.483.02$4,312
Apr 202103,10360.362.76$8,559
Mar 202103,35761.302.72$9,121
Feb 202103,03757.805.55$16,849
Jan 202103,42650.412.81$9,628
Dec 202003,38544.642.68$9,056
Nov 202003,29938.772.71$8,929
Oct 202003,41836.972.48$8,471
Sep 202003,33537.091.99$6,640
Aug 202003,47139.982.39$8,279
Jul 202003,50538.371.83$6,397
Jun 202003,48634.901.69$5,892
May 202003,64516.921.81$6,615
Apr 202003,57014.751.80$6,442
Mar 202003,69630.341.86$6,861
Feb 202003,48749.881.98$6,907
Jan 202003,78557.252.09$7,929
Dec 201903,91759.012.30$9,026
Nov 201903,71855.302.75$10,227
Oct 201903,94253.472.42$9,534
Sep 201903,65055.052.66$9,699
Aug 201903,87053.112.30$8,918
Jul 201903,92456.272.46$9,653
Jun 201903,82852.782.49$9,536
May 201904,03858.482.74$11,065
Apr 201903,94662.632.75$10,854
Mar 201904,15256.803.06$12,714
Feb 201903,79950.852.79$10,608
Jan 201904,29646.033.23$13,868
Dec 201804,41646.594.19$18,483
Nov 201804,30352.934.24$18,233
Oct 201804,48561.443.40$15,240
Sep 201804,39359.543.11$13,653
Aug 201804,62259.403.07$14,174
Jul 201804,56965.142.93$13,396
Jun 201804,46060.183.08$13,723
May 201804,67765.382.90$13,567
Apr 201804,54363.842.90$13,178
Mar 201804,80061.222.79$13,377
Feb 201804,43561.782.77$12,268
Jan 201804,92162.874.01$19,730
Dec 201705,01257.272.92$14,643
Nov 201705,08055.423.12$15,841
Oct 201705,24949.292.98$15,661
Sep 201705,12847.523.09$15,832
Aug 201705,38845.373.00$16,188
Jul 201705,26943.873.09$16,267
Jun 201705,24342.493.09$16,187
May 201705,56245.373.26$18,151
Apr 201705,54147.933.21$17,795
Mar 201705,80846.772.98$17,329
Feb 201705,21650.452.95$15,401
Jan 201705,80149.413.42$19,832
Dec 201605,80848.763.72$21,622
Nov 201605,83442.492.64$15,427
Oct 201606,20046.193.09$19,160
Sep 201606,15241.553.10$19,075
Aug 201606,45341.442.92$18,871
Jul 201606,92441.622.92$20,248
Jun 201606,62045.352.69$17,780
May 201607,00742.521.99$13,951
Apr 201606,89136.561.99$13,720
Mar 201607,35933.011.79$13,202
Feb 201607,13026.472.06$14,714
Jan 201608,01927.352.36$18,960
Dec 201508,36532.362.00$16,742
Nov 201508,58938.792.17$18,615
Oct 201509,55343.552.43$23,181
Sep 201509,97242.992.76$27,507
Aug 2015011,32740.162.87$32,537
Jul 2015012,23248.152.95$36,024
Jun 2015013,89656.152.88$40,060
May 201506,63255.212.96$19,601
Apr 201503,09049.822.71$8,363
Mar 201503,37042.892.93$9,890
Feb 201503,04644.662.98$9,065
Jan 201503,35743.433.10$10,409
Dec 201403,39754.693.59$12,200
Nov 201403,37270.464.25$14,337
Oct 201403,39378.303.90$13,236
Sep 201402,03586.164.05$8,232
Aug 2014082089.394.04$3,309
Jul 201403,29096.564.18$13,751
Jun 201403,22798.164.74$15,286
May 201403,44194.734.73$16,264
Apr 201403,38495.944.81$16,274
Mar 201403,67795.895.06$18,594
Feb 201403,38097.406.19$20,929
Jan 201403,87990.404.86$18,855
Dec 201304,49991.824.35$19,591
Nov 201304,40988.853.74$16,482
Oct 201304,58297.423.78$17,317
Sep 201304,385104.113.72$16,302
Aug 201304,647104.253.52$16,370
Jul 201304,682102.523.72$17,406
Jun 201304,66394.403.93$18,341
May 201304,30094.834.15$17,841
Apr 201304,41693.964.28$18,912
Mar 201304,58293.623.91$17,929
Feb 201303,92891.233.42$13,433
Jan 201304,28291.603.42$14,644
Dec 201204,29486.773.42$14,686
Nov 201204,13286.953.62$14,978
Oct 201204,23089.383.40$14,381
Sep 201203,91894.672.92$11,434
Aug 201204,01892.662.91$11,685
Jul 201204,14985.133.02$12,533
Jun 201203,93179.822.52$9,902
May 201204,21491.612.49$10,486
Apr 201204,113101.652.00$8,213
Mar 201204,257105.052.22$9,459
Feb 201203,899101.102.57$10,021
Jan 201204,30798.092.73$11,776
Dec 201104,49896.873.24$14,572
Nov 201104,45295.723.31$14,742
Oct 201104,69284.983.65$17,119
Sep 201104,58483.623.99$18,271
Aug 201105,00983.404.15$20,784
Jul 201105,25994.144.52$23,756
Jun 201105,40092.904.64$25,055
May 201106,00698.134.40$26,455
Apr 201106,781105.964.33$29,384
Mar 201105,72496.364.06$23,224
Feb 20110085.644.18$0
Jan 20110086.504.59$0
Dec 20100085.734.35$0
Nov 2010043280.843.80$1,640
Oct 201004,33178.103.51$15,197
Sep 201004,31972.633.98$17,187
Aug 201004,33773.684.42$19,167
Jul 201004,41672.554.74$20,916
Jun 201004,37370.364.91$21,473
May 201004,61071.124.24$19,524
Apr 201004,57781.694.12$18,870
Mar 201004,74678.394.39$20,829
Feb 201004,32473.585.44$23,533
Jan 201004,72074.365.96$28,151
Dec 200905,00571.445.48$27,446
Nov 200904,71774.593.75$17,696
Oct 200905,18472.544.11$21,308
Sep 200905,02565.543.06$15,400
Aug 200905,19667.423.22$16,723
Jul 200905,24361.133.46$18,164
Jun 200905,30566.163.90$20,663
May 200905,60054.743.93$21,984
Apr 200905,55646.773.59$19,932
Mar 200905,91942.144.06$24,025
Feb 200905,51832.814.63$25,565
Jan 200906,24535.865.37$33,542
Dec 200806,42137.105.98$38,379
Nov 200806,47955.496.86$44,448
Oct 200806,84375.246.92$47,367
Sep 200806,844101.767.88$53,911
Aug 200807,480114.228.48$63,453
Jul 200807,759131.0811.39$88,371
Jun 200808,100131.3313.03$105,564
May 200808,811123.1711.57$101,981
Apr 200809,383110.3110.45$98,098
Mar 2008010,808101.909.66$104,449
Feb 2008011,89892.538.77$104,352
Jan 2008016,23290.388.21$133,195
Dec 2007017,70788.337.30$129,296
Nov 200706,01491.677.29$43,852
Oct 200706,46682.856.92$44,758
Sep 200706,06775.846.24$37,883
Aug 200706,08269.066.39$38,851
Jul 200706,31270.906.39$40,321
Jun 200706,29862.007.55$47,540
May 200706,62958.747.85$52,013
Apr 200706,52559.617.81$50,929
Mar 200706,49756.927.30$47,441
Feb 200705,82955.108.22$47,891
Jan 200706,89650.306.73$46,388
Dec 200606,84256.656.92$47,336
Nov 200607,04754.207.62$53,680
Oct 200607,82454.906.01$47,052
Sep 200608,31760.085.04$41,894
Aug 200609,86968.717.34$72,438
Jul 200609,27969.376.34$58,854
Jun 20060066.286.38$0
May 200609066.016.42$578
Apr 20060064.397.36$0
Mar 20060056.707.08$0
Feb 200606,74857.597.75$52,305
Jan 200606,70160.598.93$59,862
Dec 200506,90954.9413.42$92,687
Nov 200507,61654.6910.59$80,641
Oct 200508,20958.3413.80$113,249
Sep 200508,13461.4512.08$98,251
Aug 200509,20761.519.80$90,200
Jul 200508,02555.697.84$62,945
Jun 200508,84452.337.38$65,278
May 200509,33645.226.65$62,095
Apr 2005010,24749.207.36$75,423
Mar 200509,18150.377.15$65,689
Feb 200507,99645.226.31$50,470
Jan 200505,44243.166.32$34,405
Dec 200405,99439.866.75$40,466
Nov 200437,16145.286.33$45,468
Oct 200409,73349.706.52$63,411
Sep 200408,05343.245.28$42,551
Aug 2004010,55342.375.55$58,576
Jul 2004012,11138.286.08$73,686
Jun 2004012,01136.106.43$77,267
May 2004013,01337.486.49$84,514
Apr 2004012,94934.475.86$75,861
Mar 2004014,17934.365.53$78,412
Feb 2004014,46232.455.51$79,680
Jan 2004012,96032.036.30$81,643
Dec 2003017,47930.266.30$110,146
Nov 2003018,46328.804.60$84,840
Oct 2003020,71828.174.76$98,610
Sep 2003023,20126.314.75$110,190
Aug 2003025,75829.765.13$132,131
Jul 2003030,61129.415.17$158,285
Jun 2003032,21528.565.98$192,741
May 200301,55726.595.97$9,299

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                2,326 Mcf  × $  3.05 =     $7,085

────────────────────────────────────────────────────
Month total                                   $7,085

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/196427 is the state's own key, not one this site invented.