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 198985District 09Field 652802002 tax incentive programmesCondensateGasSaveExport
Value, all time
$6.0 M
Aug 2003 – May 2026
Value, last 12 filed months
$42 k
at the published price for each month
Months reported
274
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 Gas112005-10-31157472
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
CondensateDisposition194 bbl$14,899
GasProduction1,099,727 Mcf$6,026,752
Total$6,041,651

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 33.1571, -97.3895. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

33.15714, -97.38947 · 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
8,112 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 8,112 ft.

Completions filed
Aug 2003
1 of 1 wells

1 well

42-12131986108,112 ftAug 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 (274)

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

274 months

May 202601,154106.413.05$3,515
Apr 202601,05398.932.87$3,022
Mar 2026075689.753.15$2,381
Feb 2026065063.503.75$2,438
Jan 2026079159.138.00$6,326
Dec 202501,00856.664.41$4,449
Nov 2025079458.593.93$3,118
Oct 2025094059.383.30$3,107
Sep 2025093462.743.08$2,874
Aug 202501,05563.933.01$3,181
Jul 202501,14166.743.32$3,783
Jun 202501,06366.483.13$3,326
May 202501,18860.553.23$3,840
Apr 202501,17762.363.54$4,170
Mar 202501,20767.704.27$5,152
Feb 2025078470.884.34$3,403
Jan 202501,05674.324.28$4,518
Dec 202401,17768.993.12$3,674
Nov 202401,21369.052.20$2,667
Oct 202401,27971.372.28$2,918
Sep 202401,31269.612.36$3,102
Aug 202401,38275.632.06$2,852
Jul 202401,44779.932.15$3,106
Jun 202401,42778.082.63$3,759
May 202401,50478.812.20$3,306
Apr 202401,40284.451.66$2,326
Mar 202401,33080.301.55$2,055
Feb 202401,30476.091.78$2,326
Jan 202401,27173.023.30$4,191
Dec 202301,28871.262.61$3,363
Nov 202301,26877.892.81$3,560
Oct 202301,42785.443.09$4,406
Sep 202301,53189.042.74$4,187
Aug 202301,55280.522.67$4,148
Jul 202301,49174.852.64$3,939
Jun 202301,50368.962.26$3,395
May 202301,54970.622.23$3,450
Apr 202301,30678.122.24$2,923
Mar 202301,62272.852.39$3,882
Feb 202301,38575.112.47$3,415
Jan 202301,51676.533.39$5,136
Dec 202201,49776.415.73$8,576
Nov 202201,48485.005.65$8,379
Oct 202201,57687.185.86$9,241
Sep 202201,53484.888.16$12,523
Aug 202201,58894.529.13$14,494
Jul 202201,478101.587.54$11,147
Jun 202201,602115.097.98$12,779
May 202201,764109.378.43$14,876
Apr 202201,365104.226.84$9,333
Mar 202201,396108.885.08$7,087
Feb 202201,41991.054.86$6,895
Jan 202201,42981.844.54$6,484
Dec 202101,28771.323.90$5,018
Nov 202101,28277.435.24$6,714
Oct 202101,43679.795.71$8,205
Sep 202101,40869.865.35$7,534
Aug 2021091166.024.22$3,845
Jul 202101,05670.783.98$4,205
Jun 202101,22969.493.38$4,155
May 202101,45763.483.02$4,397
Apr 202101,43160.362.76$3,947
Mar 202101,39561.302.72$3,790
Feb 202101,52157.805.55$8,438
Jan 2021081950.412.81$2,302
Dec 2020072844.642.68$1,948
Nov 2020085338.772.71$2,309
Oct 202001,52336.972.48$3,775
Sep 202001,05737.091.99$2,105
Aug 2020096239.982.39$2,294
Jul 202001,05638.371.83$1,927
Jun 202001,12334.901.69$1,898
May 202001,44216.921.81$2,617
Apr 202001,69214.751.80$3,053
Mar 202001,72730.341.86$3,206
Feb 202001,49049.881.98$2,951
Jan 202001,34157.252.09$2,809
Dec 201901,08159.012.30$2,491
Nov 201901,19655.302.75$3,290
Oct 201901,71553.472.42$4,148
Sep 201901,53255.052.66$4,071
Aug 201901,53053.112.30$3,526
Jul 201902,09456.272.46$5,151
Jun 201902,42852.782.49$6,049
May 201902,58758.482.74$7,089
Apr 201902,10162.632.75$5,779
Mar 201902,08556.803.06$6,384
Feb 201902,00250.852.79$5,590
Jan 201902,61346.033.23$8,435
Dec 201802,91646.594.19$12,205
Nov 201802,58552.934.24$10,953
Oct 201802,27261.443.40$7,720
Sep 201801,72059.543.11$5,346
Aug 201801,63959.403.07$5,026
Jul 201801,64065.142.93$4,808
Jun 201802,16260.183.08$6,652
May 201802,43365.382.90$7,058
Apr 201802,49163.842.90$7,226
Mar 201802,49261.222.79$6,945
Feb 201802,37761.782.77$6,575
Jan 201802,53762.874.01$10,172
Dec 201702,66757.272.92$7,792
Nov 201702,49855.423.12$7,790
Oct 201702,74949.292.98$8,202
Sep 201702,67547.523.09$8,258
Aug 201702,67445.373.00$8,034
Jul 201702,60943.873.09$8,055
Jun 201702,57042.493.09$7,934
May 201702,67045.373.26$8,713
Apr 201702,45847.933.21$7,894
Mar 201702,71346.772.98$8,095
Feb 201702,50050.452.95$7,382
Jan 201702,68849.413.42$9,190
Dec 201602,55648.763.72$9,516
Nov 201602,63142.492.64$6,957
Oct 201602,75546.193.09$8,514
Sep 201602,69641.553.10$8,359
Aug 201602,86441.442.92$8,375
Jul 201602,83141.622.92$8,279
Jun 201602,86945.352.69$7,706
May 201602,99242.521.99$5,957
Apr 201602,85336.561.99$5,680
Mar 201602,91433.011.79$5,228
Feb 201602,73526.472.06$5,644
Jan 201602,85127.352.36$6,741
Dec 201502,75732.362.00$5,518
Nov 201502,64238.792.17$5,726
Oct 201502,90343.552.43$7,044
Sep 201502,69542.992.76$7,434
Aug 201502,75140.162.87$7,902
Jul 201502,93448.152.95$8,641
Jun 201502,90356.152.88$8,369
May 201502,93955.212.96$8,686
Apr 201502,74049.822.71$7,416
Mar 201502,61442.892.93$7,671
Feb 201502,58944.662.98$7,705
Jan 201502,90843.433.10$9,017
Dec 201402,85054.693.59$10,235
Nov 201402,76770.464.25$11,765
Oct 201402,87878.303.90$11,227
Sep 201402,69186.164.05$10,886
Aug 201402,53689.394.04$10,233
Jul 201402,64496.564.18$11,051
Jun 201402,42898.164.74$11,501
May 201402,69494.734.73$12,733
Apr 201402,71995.944.81$13,076
Mar 201402,92795.895.06$14,801
Feb 201402,70797.406.19$16,762
Jan 201402,98090.404.86$14,485
Dec 201303,08791.824.35$13,442
Nov 201302,90288.853.74$10,848
Oct 201303,12197.423.78$11,795
Sep 201303,042104.113.72$11,309
Aug 201303,283104.253.52$11,565
Jul 201303,104102.523.72$11,540
Jun 201303,21994.403.93$12,662
May 201303,34694.834.15$13,883
Apr 201303,28593.964.28$14,068
Mar 201303,51393.623.91$13,746
Feb 201303,21691.233.42$10,998
Jan 201302,64691.603.42$9,049
Dec 201203,54886.773.42$12,135
Nov 201203,17386.953.62$11,502
Oct 201203,49789.383.40$11,889
Sep 201203,48594.672.92$10,171
Aug 201203,56392.662.91$10,362
Jul 201203,60285.133.02$10,881
Jun 201203,67979.822.52$9,268
May 201223,63991.612.49$9,238
Apr 2012353,506101.652.00$10,559
Mar 201203,672105.052.22$8,159
Feb 201203,595101.102.57$9,240
Jan 201203,71198.092.73$10,146
Dec 201104,44296.873.24$14,391
Nov 201104,37795.723.31$14,493
Oct 201104,78284.983.65$17,447
Sep 201104,86483.623.99$19,387
Aug 201106,61083.404.15$27,427
Jul 2011023,09094.144.52$104,303
Jun 201103,04892.904.64$14,142
May 201104,41398.134.40$19,438
Apr 201104,356105.964.33$18,876
Mar 201104,45496.364.06$18,071
Feb 201104,00385.644.18$16,732
Jan 201104,65686.504.59$21,365
Dec 201004,58285.734.35$19,921
Nov 201004,46580.843.80$16,946
Oct 201004,71178.103.51$16,530
Sep 201004,65072.633.98$18,505
Aug 201004,76973.684.42$21,076
Jul 201004,84172.554.74$22,929
Jun 201004,70370.364.91$23,094
May 201004,89771.124.24$20,740
Apr 201004,78281.694.12$19,715
Mar 201005,00778.394.39$21,974
Feb 201004,46173.585.44$24,278
Jan 201005,01074.365.96$29,880
Dec 200905,27671.445.48$28,932
Nov 200905,17374.593.75$19,407
Oct 200906,12372.544.11$25,167
Sep 200906,14465.543.06$18,830
Aug 200906,57867.423.22$21,171
Jul 200904,20261.133.46$14,558
Jun 200905,50566.163.90$21,442
May 200905,95054.743.93$23,358
Apr 200905,67546.773.59$20,359
Mar 200905,89842.144.06$23,940
Feb 200905,61332.814.63$26,005
Jan 200906,17335.865.37$33,155
Dec 200806,01937.105.98$35,976
Nov 200805,94455.496.86$40,778
Oct 200806,18175.246.92$42,785
Sep 200805,996101.767.88$47,231
Aug 200806,374114.228.48$54,071
Jul 200806,318131.0811.39$71,958
Jun 200806,190131.3313.03$80,672
May 200806,206123.1711.57$71,830
Apr 200806,046110.3110.45$63,210
Mar 200806,347101.909.66$61,338
Feb 200806,16292.538.77$54,044
Jan 200806,21790.388.21$51,015
Dec 200705,05488.337.30$36,904
Nov 200715,88091.677.29$42,967
Oct 200726,80182.856.92$47,242
Sep 200756,75275.846.24$42,540
Aug 2007237,09769.066.39$46,924
Jul 20071267,78970.906.39$58,689
Jun 2007012,66662.007.55$95,609
May 2007012,94258.747.85$101,547
Apr 200709,96359.617.81$77,763
Mar 2007010,88556.927.30$79,482
Feb 200709,34155.108.22$76,746
Jan 200709,57050.306.73$64,376
Dec 200608,70756.656.92$60,239
Nov 200607,31554.207.62$55,722
Oct 200607,55854.906.01$45,452
Sep 200607,39160.085.04$37,230
Aug 200607,75668.717.34$56,928
Jul 200607,81369.376.34$49,556
Jun 200607,53566.286.38$48,103
May 200607,88066.016.42$50,629
Apr 200607,61964.397.36$56,080
Mar 200608,21256.707.08$58,165
Feb 200606,64957.597.75$51,537
Jan 200608,31260.598.93$74,254
Dec 200508,91854.9413.42$119,639
Nov 200508,36354.6910.59$88,551
Oct 200508,67258.3413.80$119,637
Sep 200508,55561.4512.08$103,336
Aug 200509,09261.519.80$89,073
Jul 200508,88155.697.84$69,659
Jun 200508,93952.337.38$65,979
May 200509,42745.226.65$62,700
Apr 200509,07949.207.36$66,826
Mar 200509,11750.377.15$65,231
Feb 200508,72845.226.31$55,090
Jan 200509,12843.166.32$57,709
Dec 2004010,37339.866.75$70,029
Nov 200409,69045.286.33$61,342
Oct 2004010,15649.706.52$66,167
Sep 200409,99743.245.28$52,823
Aug 2004010,65342.375.55$59,131
Jul 2004010,52838.286.08$64,054
Jun 2004010,26336.106.43$66,022
May 2004010,81937.486.49$70,265
Apr 200409,51434.475.86$55,737
Mar 2004010,04334.365.53$55,539
Feb 200409,44732.455.51$52,049
Jan 200409,44632.036.30$59,506
Dec 2003010,57830.266.30$66,659
Nov 2003010,97428.804.60$50,427
Oct 2003013,07928.174.76$62,251
Sep 200307,02726.314.75$33,374
Aug 20030029.765.13$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                1,154 Mcf  × $  3.05 =     $3,515

────────────────────────────────────────────────────
Month total                                   $3,515

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/198985 is the state's own key, not one this site invented.