CRAIG

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 224544District 09Field 652802002 tax incentive programmesCondensateGasSaveExport
Value, all time
$5.1 M
Sep 2006 – May 2026
Value, last 12 filed months
$16
at the published price for each month
Months reported
237
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 Gas112007-07-16175648
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
CondensateDisposition3,957 bbl$255,767
GasProduction1,000,134 Mcf$4,818,657
Total$5,074,424

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 33.1631, -97.6648. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

33.16310, -97.66478 · 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
7,107 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 7,107 ft.

Completions filed
Sep 2006
1 of 1 wells

1 well

42-4973596417,107 ftSep 2006

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 (237)

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

237 months

May 202600106.413.05$0
Apr 20260098.932.87$0
Mar 20260089.753.15$0
Feb 20260063.503.75$0
Jan 20260059.138.00$0
Dec 20250056.664.41$0
Nov 20250458.593.93$16
Oct 20250059.383.30$0
Sep 20250062.743.08$0
Aug 20250063.933.01$0
Jul 20250066.743.32$0
Jun 20250066.483.13$0
May 20250360.553.23$10
Apr 202502,06362.363.54$7,309
Mar 202502,16267.704.27$9,228
Feb 202501,96370.884.34$8,521
Jan 202502,11474.324.28$9,045
Dec 202402,25368.993.12$7,032
Nov 2024031769.052.20$697
Oct 202401,84071.372.28$4,198
Sep 202402,50369.612.36$5,918
Aug 202402,54875.632.06$5,258
Jul 202402,57479.932.15$5,525
Jun 202402,51078.082.63$6,611
May 202402,63678.812.20$5,795
Apr 2024412,59284.451.66$7,763
Mar 202402,73180.301.55$4,220
Feb 202402,57376.091.78$4,589
Jan 202402,70173.023.30$8,907
Dec 202302,35671.262.61$6,151
Nov 202302,43177.892.81$6,825
Oct 202302,75385.443.09$8,499
Sep 202303,02389.042.74$8,268
Aug 202302,26380.522.67$6,049
Jul 2023027374.852.64$721
Jun 202301,43168.962.26$3,232
May 202302,88470.622.23$6,424
Apr 202302,85978.122.24$6,398
Mar 202303,05672.852.39$7,314
Feb 202302,74675.112.47$6,771
Jan 202303,16176.533.39$10,709
Dec 202202,96576.415.73$16,987
Nov 202203,22085.005.65$18,181
Oct 202203,34887.185.86$19,632
Sep 202203,11984.888.16$25,463
Aug 202203,70094.529.13$33,770
Jul 202204,023101.587.54$30,342
Jun 202204,316115.097.98$34,430
May 202202,512109.378.43$21,184
Apr 202202,314104.226.84$15,822
Mar 202202,391108.885.08$12,138
Feb 202201,99691.054.86$9,698
Jan 202202,23681.844.54$10,146
Dec 202101,96371.323.90$7,654
Nov 202101,89077.435.24$9,898
Oct 202102,31179.795.71$13,205
Sep 202102,43069.865.35$13,003
Aug 202103,97266.024.22$16,764
Jul 202106,03470.783.98$24,028
Jun 202103,21869.493.38$10,879
May 2021181,97963.483.02$7,115
Apr 202101,91560.362.76$5,282
Mar 202101,98261.302.72$5,385
Feb 202101,52557.805.55$8,461
Jan 2021076450.412.81$2,147
Dec 202032,52544.642.68$6,889
Nov 202052,10238.772.71$5,883
Oct 20201142,98236.972.48$11,605
Sep 202002,55737.091.99$5,091
Aug 202003,03539.982.39$7,239
Jul 202003,14038.371.83$5,731
Jun 202002,79234.901.69$4,719
May 202002,71516.921.81$4,927
Apr 202002,92014.751.80$5,269
Mar 202003,08130.341.86$5,719
Feb 202002,87649.881.98$5,696
Jan 202002,72557.252.09$5,708
Dec 201903,34559.012.30$7,708
Nov 201903,30955.302.75$9,102
Oct 201902,98853.472.42$7,227
Sep 201903,29155.052.66$8,745
Aug 201903,26353.112.30$7,519
Jul 201903,47556.272.46$8,549
Jun 201902,61052.782.49$6,502
May 201903,52558.482.74$9,660
Apr 201903,45062.632.75$9,490
Mar 201903,59256.803.06$10,999
Feb 201903,32750.852.79$9,290
Jan 201913,77646.033.23$12,236
Dec 2018283,87446.594.19$17,519
Nov 201803,75452.934.24$15,907
Oct 201804,26661.443.40$14,496
Sep 201803,06159.543.11$9,514
Aug 201804,63059.403.07$14,198
Jul 201804,71965.142.93$13,836
Jun 201803,90660.183.08$12,018
May 201813,73665.382.90$10,903
Apr 2018393,65363.842.90$13,086
Mar 201803,71761.222.79$10,359
Feb 201803,46161.782.77$9,574
Jan 201803,73162.874.01$14,959
Dec 201723,64857.272.92$10,772
Nov 2017743,73155.423.12$15,736
Oct 201703,91849.292.98$11,690
Sep 201703,79747.523.09$11,722
Aug 201704,75345.373.00$14,280
Jul 201704,86243.873.09$15,010
Jun 201704,15142.493.09$12,815
May 201704,32745.373.26$14,121
Apr 201704,24947.933.21$13,646
Mar 201704,54246.772.98$13,552
Feb 201704,10050.452.95$12,106
Jan 201704,42049.413.42$15,111
Dec 201604,01848.763.72$14,958
Nov 201602,14242.492.64$5,664
Oct 201602,93846.193.09$9,079
Sep 201604,45241.553.10$13,804
Aug 201605,73841.442.92$16,780
Jul 2016052841.622.92$1,544
Jun 201602,05945.352.69$5,530
May 201602,79942.521.99$5,573
Apr 201601,59836.561.99$3,182
Mar 201603,10233.011.79$5,565
Feb 201604,04826.472.06$8,354
Jan 201604,05227.352.36$9,580
Dec 201503,87132.362.00$7,747
Nov 201504,44638.792.17$9,636
Oct 201504,49243.552.43$10,900
Sep 201504,26242.992.76$11,756
Aug 201504,04440.162.87$11,616
Jul 201501,77048.152.95$5,213
Jun 20150056.152.88$0
May 201502,79755.212.96$8,266
Apr 201502,33349.822.71$6,314
Mar 201502,80942.892.93$8,244
Feb 201502,31744.662.98$6,896
Jan 201502,36543.433.10$7,333
Dec 201402,34254.693.59$8,411
Nov 20140070.464.25$0
Oct 201407078.303.90$273
Sep 20140086.164.05$0
Aug 20140089.394.04$0
Jul 20140096.564.18$0
Jun 2014073498.164.74$3,477
May 201403,30694.734.73$15,626
Apr 201403,15595.944.81$15,173
Mar 201403,77895.895.06$19,105
Feb 201403,71197.406.19$22,979
Jan 201403,94190.404.86$19,156
Dec 201303,65491.824.35$15,911
Nov 201303,95688.853.74$14,789
Oct 201304,39597.423.78$16,610
Sep 201303,956104.113.72$14,707
Aug 201304,735104.253.52$16,680
Jul 201304,263102.523.72$15,849
Jun 201303,89594.403.93$15,321
May 201304,08194.834.15$16,932
Apr 201304,27293.964.28$18,295
Mar 201302,20293.623.91$8,616
Feb 2013273,53791.233.42$14,559
Jan 201304,28691.603.42$14,658
Dec 201204,55286.773.42$15,569
Nov 201204,49786.953.62$16,301
Oct 201204,73989.383.40$16,111
Sep 201204,54094.672.92$13,250
Aug 201204,56192.662.91$13,264
Jul 201204,82785.133.02$14,581
Jun 201203,32379.822.52$8,371
May 20121814,93091.612.49$28,849
Apr 201204,235101.652.00$8,456
Mar 201204,807105.052.22$10,682
Feb 201204,081101.102.57$10,489
Jan 201204,51898.092.73$12,353
Dec 201105,07296.873.24$16,432
Nov 201105,10395.723.31$16,897
Oct 201105,54184.983.65$20,217
Sep 201104,93183.623.99$19,654
Aug 201105,63083.404.15$23,361
Jul 201104,37894.144.52$19,776
Jun 201105,05292.904.64$23,441
May 201105,12698.134.40$22,579
Apr 201105,517105.964.33$23,907
Mar 201106,22596.364.06$25,257
Feb 201102,81385.644.18$11,758
Jan 201105,97986.504.59$27,436
Dec 201005,79785.734.35$25,204
Nov 201006,27380.843.80$23,808
Oct 201005,73978.103.51$20,138
Sep 201006,59472.633.98$26,241
Aug 201007,54473.684.42$33,340
Jul 201007,69972.554.74$36,466
Jun 20101705,78670.364.91$40,373
May 201003,39671.124.24$14,383
Apr 201002,55681.694.12$10,538
Mar 201004,34478.394.39$19,064
Feb 201004,61273.585.44$25,100
Jan 201006,29874.365.96$37,562
Dec 200905,40671.445.48$29,645
Nov 200905,47274.593.75$20,528
Oct 200905,49272.544.11$22,573
Sep 200905,95565.543.06$18,251
Aug 200906,46067.423.22$20,792
Jul 200904,72861.133.46$16,380
Jun 20091884,18766.163.90$28,746
May 200906,47954.743.93$25,435
Apr 200906,72546.773.59$24,126
Mar 200907,13642.144.06$28,965
Feb 200906,72932.814.63$31,175
Jan 200907,86135.865.37$42,221
Dec 200808,17737.105.98$48,875
Nov 200807,84755.496.86$53,833
Oct 20081818,02975.246.92$69,195
Sep 200807,668101.767.88$60,402
Aug 200807,931114.228.48$67,279
Jul 200808,098131.0811.39$92,232
Jun 200807,496131.3313.03$97,693
May 200808,265123.1711.57$95,662
Apr 200808,028110.3110.45$83,932
Mar 20081674,813101.909.66$63,530
Feb 200807,61792.538.77$66,806
Jan 20081629,19690.388.21$90,101
Dec 200709,44388.337.30$68,953
Nov 200709,83891.677.29$71,736
Oct 200717011,28482.856.92$92,192
Sep 2007010,26375.846.24$64,084
Aug 20071699,10169.066.39$69,808
Jul 200709,55770.906.39$61,050
Jun 200718211,73662.007.55$99,873
May 2007012,01858.747.85$94,297
Apr 200718812,57059.617.81$109,318
Mar 200715913,88856.927.30$110,460
Feb 200719712,82055.108.22$116,184
Jan 200728315,15050.306.73$116,147
Dec 200636517,25756.656.92$140,069
Nov 200617619,37954.207.62$157,158
Oct 200654830,44054.906.01$213,145
Sep 20061184,87860.085.04$31,661

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.

Nov 2025 — as filed, then multipliedworked
Condensate             0 bbl  × $ 58.59 =         $0
Gas                    4 Mcf  × $  3.93 =        $16

────────────────────────────────────────────────────
Month total                                      $16

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/224544 is the state's own key, not one this site invented.