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 198989District 09Field 652802002 tax incentive programmesCondensateGasSaveExport
Value, all time
$6.3 M
Aug 2003 – May 2026
Value, last 12 filed months
$141 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 Gas112005-10-31157471
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
CondensateDisposition133 bbl$9,457
GasProduction1,363,183 Mcf$6,323,611
Total$6,333,068

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 33.1590, -97.3788. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

33.15904, -97.37879 · 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
8,160 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 8,160 ft.

Completions filed
Aug 2003
1 of 1 wells

1 well

42-12131987118,160 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 202603,019106.413.05$9,195
Apr 202602,90198.932.87$8,325
Mar 202602,98689.753.15$9,404
Feb 202602,75363.503.75$10,325
Jan 202602,98359.138.00$23,858
Dec 202503,22556.664.41$14,233
Nov 202503,16058.593.93$12,408
Oct 202503,27459.383.30$10,820
Sep 202503,14762.743.08$9,683
Aug 202503,54263.933.01$10,678
Jul 202503,29066.743.32$10,907
Jun 202503,49466.483.13$10,932
May 202503,84860.553.23$12,438
Apr 202504,86362.363.54$17,230
Mar 202504267.704.27$179
Feb 202502,73970.884.34$11,890
Jan 202503,25974.324.28$13,944
Dec 202403,19568.993.12$9,973
Nov 202403,16169.052.20$6,949
Oct 202403,30671.372.28$7,542
Sep 202403,29769.612.36$7,795
Aug 202403,34875.632.06$6,909
Jul 202403,41579.932.15$7,331
Jun 202403,40078.082.63$8,956
May 202403,39378.812.20$7,459
Apr 202403,33784.451.66$5,537
Mar 202403,40980.301.55$5,267
Feb 202403,19876.091.78$5,704
Jan 202403,38573.023.30$11,163
Dec 202303,45271.262.61$9,012
Nov 202303,41377.892.81$9,582
Oct 202303,52185.443.09$10,870
Sep 202303,41889.042.74$9,348
Aug 202303,51180.522.67$9,384
Jul 202303,42174.852.64$9,038
Jun 202303,41668.962.26$7,715
May 202303,49370.622.23$7,780
Apr 202303,33578.122.24$7,463
Mar 202303,50672.852.39$8,390
Feb 202303,12775.112.47$7,710
Jan 202303,39376.533.39$11,495
Dec 202203,48776.415.73$19,977
Nov 202203,42085.005.65$19,310
Oct 202203,50387.185.86$20,541
Sep 202203,40684.888.16$27,805
Aug 202203,41994.529.13$31,206
Jul 202203,422101.587.54$25,809
Jun 202203,528115.097.98$28,144
May 202203,326109.378.43$28,048
Apr 202203,599104.226.84$24,609
Mar 202203,754108.885.08$19,057
Feb 202203,42591.054.86$16,642
Jan 202203,86281.844.54$17,525
Dec 202103,89571.323.90$15,187
Nov 202103,78277.435.24$19,806
Oct 202103,98279.795.71$22,753
Sep 202103,84569.865.35$20,574
Aug 202103,99466.024.22$16,857
Jul 202104,09870.783.98$16,319
Jun 202103,96669.493.38$13,408
May 202104,38263.483.02$13,223
Apr 202104,63060.362.76$12,771
Mar 202101,63761.302.72$4,448
Feb 202102,63457.805.55$14,613
Jan 202104,07450.412.81$11,449
Dec 202004,07644.642.68$10,905
Nov 202003,93538.772.71$10,650
Oct 202004,07236.972.48$10,092
Sep 202003,99237.091.99$7,948
Aug 202004,15539.982.39$9,910
Jul 202004,20138.371.83$7,667
Jun 202003,89434.901.69$6,582
May 202004,10016.921.81$7,440
Apr 202004,08914.751.80$7,378
Mar 202004,27730.341.86$7,939
Feb 202004,00949.881.98$7,941
Jan 202004,30757.252.09$9,022
Dec 201904,33959.012.30$9,999
Nov 201904,20955.302.75$11,578
Oct 201904,37153.472.42$10,571
Sep 201904,19755.052.66$11,153
Aug 201904,51453.112.30$10,402
Jul 201904,39756.272.46$10,817
Jun 201904,31452.782.49$10,747
May 201904,51758.482.74$12,378
Apr 201904,39662.632.75$12,092
Mar 201904,55456.803.06$13,945
Feb 201904,03450.852.79$11,264
Jan 201904,57746.033.23$14,775
Dec 201804,67546.594.19$19,567
Nov 201804,56152.934.24$19,326
Oct 201804,78461.443.40$16,256
Sep 201804,61659.543.11$14,347
Aug 201804,71659.403.07$14,462
Jul 201804,81565.142.93$14,117
Jun 201804,70960.183.08$14,489
May 201804,91865.382.90$14,266
Apr 201805,06963.842.90$14,704
Mar 201804,02061.222.79$11,203
Feb 201803,33061.782.77$9,211
Jan 201804,85162.874.01$19,449
Dec 201704,72757.272.92$13,810
Nov 201704,62355.423.12$14,416
Oct 201704,79949.292.98$14,319
Sep 201704,71947.523.09$14,569
Aug 201704,85545.373.00$14,586
Jul 201704,99743.873.09$15,427
Jun 201704,75942.493.09$14,692
May 201704,47245.373.26$14,594
Apr 201704,89447.933.21$15,718
Mar 201705,02946.772.98$15,005
Feb 201704,64150.452.95$13,703
Jan 201704,89949.413.42$16,749
Dec 201605,13448.763.72$19,113
Nov 201604,92842.492.64$13,031
Oct 201605,18346.193.09$16,017
Sep 201604,97741.553.10$15,432
Aug 201605,37241.442.92$15,710
Jul 201604,88841.622.92$14,294
Jun 201605,06245.352.69$13,596
May 201605,26442.521.99$10,481
Apr 201605,28836.561.99$10,529
Mar 201605,32533.011.79$9,553
Feb 201605,05026.472.06$10,421
Jan 201605,35427.352.36$12,659
Dec 201505,49632.362.00$11,000
Nov 201505,33738.792.17$11,567
Oct 201505,57843.552.43$13,535
Sep 201505,42042.992.76$14,951
Aug 201505,54040.162.87$15,914
Jul 201505,53848.152.95$16,310
Jun 201505,42056.152.88$15,625
May 201505,64355.212.96$16,678
Apr 201505,53649.822.71$14,984
Mar 201505,83942.892.93$17,136
Feb 201504,83444.662.98$14,387
Jan 201505,92043.433.10$18,356
Dec 201406,03654.693.59$21,677
Nov 201405,68270.464.25$24,159
Oct 201405,99878.303.90$23,398
Sep 201405,94386.164.05$24,042
Aug 201406,15889.394.04$24,848
Jul 201406,24396.564.18$26,093
Jun 201406,09098.164.74$28,848
May 201406,41694.734.73$30,326
Apr 201406,12195.944.81$29,437
Mar 201406,50695.895.06$32,900
Feb 201405,65897.406.19$35,034
Jan 201406,62090.404.86$32,178
Dec 201306,32691.824.35$27,546
Nov 201306,78288.853.74$25,353
Oct 201307,04697.423.78$26,629
Sep 201306,922104.113.72$25,734
Aug 201307,345104.253.52$25,874
Jul 201307,410102.523.72$27,548
Jun 201307,40394.403.93$29,119
May 201308,03994.834.15$33,354
Apr 201308,06693.964.28$34,543
Mar 201308,71493.623.91$34,097
Feb 201308,36791.233.42$28,614
Jan 201306,81291.603.42$23,296
Dec 201209,87286.773.42$33,764
Nov 2012010,46186.953.62$37,921
Oct 2012012,19389.383.40$41,452
Sep 2012014,22994.672.92$41,526
Aug 2012020,10092.662.91$58,454
Jul 2012089885.133.02$2,713
Jun 201202,86079.822.52$7,204
May 201202,95791.612.49$7,358
Apr 201202,901101.652.00$5,793
Mar 201203,012105.052.22$6,693
Feb 201202,877101.102.57$7,395
Jan 201203,07398.092.73$8,402
Dec 201103,09996.873.24$10,040
Nov 201103,06895.723.31$10,159
Oct 201103,18984.983.65$11,635
Sep 201103,16083.623.99$12,595
Aug 201103,58183.404.15$14,859
Jul 201103,87794.144.52$17,513
Jun 201102,98192.904.64$13,831
May 201103,19398.134.40$14,065
Apr 201103,323105.964.33$14,399
Mar 201103,50496.364.06$14,217
Feb 201102,66085.644.18$11,119
Jan 201103,34286.504.59$15,336
Dec 201003,27585.734.35$14,239
Nov 201003,19280.843.80$12,115
Oct 201003,33478.103.51$11,699
Sep 201003,30772.633.98$13,160
Aug 201003,43873.684.42$15,194
Jul 201003,49872.554.74$16,568
Jun 201003,44870.364.91$16,931
May 201003,57771.124.24$15,149
Apr 201003,49881.694.12$14,421
Mar 201003,67378.394.39$16,120
Feb 201003,26873.585.44$17,786
Jan 201003,74474.365.96$22,330
Dec 200903,85871.445.48$21,156
Nov 200903,87274.593.75$14,526
Oct 200904,19172.544.11$17,226
Sep 200904,11765.543.06$12,618
Aug 200903,52967.423.22$11,358
Jul 200904,04461.133.46$14,010
Jun 200903,88066.163.90$15,113
May 200903,92254.743.93$15,397
Apr 200903,92746.773.59$14,088
Mar 200903,98042.144.06$16,155
Feb 200903,85932.814.63$17,879
Jan 200904,28335.865.37$23,004
Dec 200804,61837.105.98$27,602
Nov 200804,08255.496.86$28,004
Oct 200804,36775.246.92$30,228
Sep 200804,266101.767.88$33,604
Aug 200804,456114.228.48$37,800
Jul 200804,537131.0811.39$51,674
Jun 200804,506131.3313.03$58,725
May 200804,700123.1711.57$54,399
Apr 200804,475110.3110.45$46,786
Mar 200804,856101.909.66$46,929
Feb 200804,52292.538.77$39,661
Jan 200804,97990.388.21$40,856
Dec 200705,23088.337.30$38,189
Nov 200714,79291.677.29$35,034
Oct 200724,88182.856.92$33,952
Sep 200744,50975.846.24$28,458
Aug 2007204,58769.066.39$30,683
Jul 20071064,54670.906.39$36,555
Jun 200704,48562.007.55$33,855
May 200704,32158.747.85$33,904
Apr 200705,08459.617.81$39,682
Mar 200705,54556.927.30$40,489
Feb 200704,38555.108.22$36,027
Jan 200705,18150.306.73$34,852
Dec 200605,37956.656.92$37,214
Nov 200605,20654.207.62$39,657
Oct 200605,41854.906.01$32,583
Sep 200605,42960.085.04$27,347
Aug 200605,72268.717.34$41,999
Jul 200605,78869.376.34$36,712
Jun 200605,76066.286.38$36,771
May 200605,98066.016.42$38,422
Apr 200605,82164.397.36$42,845
Mar 200606,14156.707.08$43,496
Feb 200605,81857.597.75$45,096
Jan 200606,28760.598.93$56,164
Dec 200506,52454.9413.42$87,522
Nov 200506,45854.6910.59$68,380
Oct 200506,83458.3413.80$94,280
Sep 200505,79661.4512.08$70,010
Aug 200506,88661.519.80$67,461
Jul 200506,54355.697.84$51,321
Jun 200506,43552.337.38$47,497
May 200506,98145.226.65$46,432
Apr 200507,08349.207.36$52,134
Mar 200506,16050.377.15$44,074
Feb 200506,78045.226.31$42,795
Jan 200509,01043.166.32$56,963
Dec 200408,43439.866.75$56,939
Nov 200408,27445.286.33$52,378
Oct 200408,85349.706.52$57,678
Sep 200408,68343.245.28$45,880
Aug 200409,44642.375.55$52,432
Jul 200409,63638.286.08$58,627
Jun 200409,31836.106.43$59,943
May 2004010,38137.486.49$67,420
Apr 2004010,06934.475.86$58,989
Mar 2004010,80834.365.53$59,770
Feb 200409,39432.455.51$51,757
Jan 2004011,00932.036.30$69,353
Dec 2003011,86130.266.30$74,744
Nov 2003012,64628.804.60$58,110
Oct 2003015,28928.174.76$72,770
Sep 200308,73126.314.75$41,467
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                3,019 Mcf  × $  3.05 =     $9,195

────────────────────────────────────────────────────
Month total                                   $9,195

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/198989 is the state's own key, not one this site invented.