PITTS, R. C. "B" GU 1

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 224753District 09Field 652802002 tax incentive programmesCondensateGasSaveExport
Value, all time
$11.0 M
Nov 2006 – May 2026
Value, last 12 filed months
$124 k
at the published price for each month
Months reported
235
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 Gas112007-07-16175652
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
CondensateDisposition47,292 bbl$3,412,024
GasProduction1,446,451 Mcf$7,557,181
Total$10,969,204

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 33.2398, -97.4298. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

33.23985, -97.42976 · 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
7,875 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 7,875 ft.

Completions filed
Nov 2022
1 of 1 wells

1 well

42-4973607027,875 ftNov 2022

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 (235)

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

235 months

May 2026411,958106.413.05$10,327
Apr 202601,85398.932.87$5,318
Mar 202602,05089.753.15$6,456
Feb 2026301,85463.503.75$8,858
Jan 202603,09859.138.00$24,778
Dec 2025572,23756.664.41$13,102
Nov 202502,18658.593.93$8,583
Oct 202502,57359.383.30$8,503
Sep 2025162,55162.743.08$8,853
Aug 2025462,37363.933.01$10,095
Jul 202512,69866.743.32$9,011
Jun 2025362,53366.483.13$10,318
May 202501,68460.553.23$5,443
Apr 2025562,31462.363.54$11,691
Mar 2025272,31167.704.27$11,692
Feb 202502,39270.884.34$10,383
Jan 2025792,68074.324.28$17,338
Dec 202402,59268.993.12$8,091
Nov 2024302,67569.052.20$7,952
Oct 202402,77471.372.28$6,329
Sep 2024322,57369.612.36$8,311
Aug 202402,78075.632.06$5,737
Jul 2024772,73279.932.15$12,019
Jun 202402,57278.082.63$6,775
May 202402,58978.812.20$5,692
Apr 20241582,45484.451.66$17,415
Mar 202402,55380.301.55$3,945
Feb 202402,27776.091.78$4,061
Jan 202402,50273.023.30$8,251
Dec 2023942,21671.262.61$12,484
Nov 202302,30377.892.81$6,466
Oct 202302,51585.443.09$7,765
Sep 202332,66389.042.74$7,551
Aug 2023833,00180.522.67$14,704
Jul 202302,71574.852.64$7,172
Jun 202302,46568.962.26$5,567
May 202342,83570.622.23$6,597
Apr 2023822,69178.122.24$12,428
Mar 202302,73872.852.39$6,552
Feb 202322,56375.112.47$6,470
Jan 2023752,79076.533.39$15,191
Dec 202212,84676.415.73$16,381
Nov 2022531,62585.005.65$13,680
Oct 202212,49787.185.86$14,729
Sep 2022822,49184.888.16$27,296
Aug 202222,42594.529.13$22,322
Jul 2022582,445101.587.54$24,332
Jun 202202,208115.097.98$17,614
May 202242,020109.378.43$17,472
Apr 2022692,196104.226.84$22,207
Mar 202222,514108.885.08$12,980
Feb 2022612,55291.054.86$17,954
Jan 2022432,56181.844.54$15,140
Dec 202152,57671.323.90$10,401
Nov 20211342,67877.435.24$24,400
Oct 202102,67679.795.71$15,290
Sep 202152,67769.865.35$14,674
Aug 20211302,77766.024.22$20,303
Jul 202142,82270.783.98$11,521
Jun 20211102,62769.493.38$16,525
May 202102,58763.483.02$7,807
Apr 202101,96460.362.76$5,418
Mar 202142,72961.302.72$7,660
Feb 2021661,61257.805.55$12,758
Jan 202132,14550.412.81$6,179
Dec 2020702,19644.642.68$9,000
Nov 202012,99638.772.71$8,148
Oct 2020153,32136.972.48$8,785
Sep 20201093,10737.091.99$10,229
Aug 202003,15739.982.39$7,530
Jul 202003,11538.371.83$5,685
Jun 202003,04934.901.69$5,154
May 2020282,80116.921.81$5,557
Apr 2020693,24414.751.80$6,871
Mar 2020763,27330.341.86$8,381
Feb 202033,00749.881.98$6,106
Jan 2020572,97757.252.09$9,499
Dec 201912,93959.012.30$6,832
Nov 2019573,10955.302.75$11,704
Oct 201913,29153.472.42$8,013
Sep 2019443,24155.052.66$11,034
Aug 2019353,36253.112.30$9,606
Jul 2019303,39056.272.46$10,028
Jun 2019673,23852.782.49$11,603
May 2019813,31058.482.74$13,807
Apr 201923,24462.632.75$9,049
Mar 2019773,30156.803.06$14,482
Feb 2019712,91450.852.79$11,747
Jan 201923,29746.033.23$10,735
Dec 2018753,26046.594.19$17,139
Nov 2018593,16952.934.24$16,551
Oct 2018553,35261.443.40$14,770
Sep 201853,26359.543.11$10,439
Aug 2018723,37459.403.07$14,623
Jul 2018573,41565.142.93$13,725
Jun 201823,31060.183.08$10,305
May 2018483,36965.382.90$12,911
Apr 20181663,15363.842.90$19,744
Mar 20181763,22961.222.79$19,773
Feb 201803,19061.782.77$8,824
Jan 201803,58562.874.01$14,373
Dec 201703,88957.272.92$11,362
Nov 201703,73255.423.12$11,638
Oct 20171583,83449.292.98$19,227
Sep 201703,84047.523.09$11,855
Aug 201703,96445.373.00$11,909
Jul 20171773,47443.873.09$18,490
Jun 201703,56342.493.09$11,000
May 201703,71645.373.26$12,127
Apr 201703,57547.933.21$11,481
Mar 20171853,63746.772.98$19,504
Feb 201703,33050.452.95$9,832
Jan 201703,86249.413.42$13,203
Dec 20162283,84648.763.72$25,435
Nov 201603,53742.492.64$9,353
Oct 201603,48546.193.09$10,770
Sep 20161782,46741.553.10$15,045
Aug 201603,36541.442.92$9,840
Jul 201603,64141.622.92$10,648
Jun 201603,52745.352.69$9,473
May 20161803,47542.521.99$14,572
Apr 201603,32836.561.99$6,626
Mar 201603,43533.011.79$6,162
Feb 20161542,91326.472.06$10,088
Jan 201603,33927.352.36$7,895
Dec 201503,33332.362.00$6,671
Nov 20151283,22938.792.17$11,963
Oct 201503,54343.552.43$8,597
Sep 20151013,40542.992.76$13,734
Aug 2015853,60240.162.87$13,760
Jul 201503,84848.152.95$11,333
Jun 2015913,99156.152.88$16,615
May 2015564,18855.212.96$15,469
Apr 20151764,05749.822.71$19,749
Mar 201504,29142.892.93$12,593
Feb 20151883,88744.662.98$19,965
Jan 201504,25443.433.10$13,190
Dec 201404,08654.693.59$14,674
Nov 2014884,01070.464.25$23,250
Oct 201404,44178.303.90$17,324
Sep 20141724,06086.164.05$31,244
Aug 201404,34489.394.04$17,529
Jul 201403,58296.564.18$14,971
Jun 2014863,34898.164.74$24,301
May 2014612,14494.734.73$15,912
Apr 2014079995.944.81$3,842
Mar 201403,02795.895.06$15,307
Feb 20141564,54597.406.19$43,337
Jan 201404,69290.404.86$22,807
Dec 20131196091.824.35$11,188
Nov 201303,83888.853.74$14,348
Oct 2013985,04297.423.78$28,603
Sep 201304,877104.113.72$18,131
Aug 20131194,918104.253.52$29,730
Jul 20131505,059102.523.72$34,186
Jun 201305,18494.403.93$20,391
May 201305,55194.834.15$23,032
Apr 20131665,16493.964.28$37,713
Mar 201305,87093.623.91$22,969
Feb 20131694,72091.233.42$31,560
Jan 201305,12591.603.42$17,527
Dec 20121735,51386.773.42$33,867
Nov 201205,71686.953.62$20,720
Oct 20121566,20289.383.40$35,028
Sep 201206,59594.672.92$19,247
Aug 201207,41592.662.91$21,564
Jul 201202,95585.133.02$8,926
Jun 20120079.822.52$0
May 20120091.612.49$0
Apr 201200101.652.00$0
Mar 20121614,457105.052.22$26,817
Feb 20123457,937101.102.57$55,279
Jan 20121698,42898.092.73$39,620
Dec 20113478,53096.873.24$61,249
Nov 20111638,39895.723.31$43,410
Oct 20113179,01984.983.65$59,845
Sep 20112077,73083.623.99$48,120
Aug 20113658,52683.404.15$65,818
Jul 20111626,42794.144.52$44,283
Jun 20111797,33492.904.64$50,658
May 20113106,99898.134.40$61,245
Apr 201109,178105.964.33$39,771
Mar 201133810,22796.364.06$74,064
Feb 20111576,88985.644.18$42,241
Jan 201106,15686.504.59$28,249
Dec 20101666,24085.734.35$41,361
Nov 20101823,87480.843.80$29,416
Oct 201036810,28878.103.51$64,840
Sep 20101819,79472.633.98$52,121
Aug 201051710,11273.684.42$82,781
Jul 201035410,40872.554.74$74,980
Jun 20101669,96770.364.91$60,622
May 201035110,78971.124.24$70,657
Apr 201051810,67681.694.12$86,329
Mar 201035111,04978.394.39$76,005
Feb 201036910,77073.585.44$85,765
Jan 201042511,26774.365.96$98,800
Dec 200918510,73971.445.48$72,106
Nov 200937211,61374.593.75$71,314
Oct 200950510,84772.544.11$81,217
Sep 200934611,59165.543.06$58,200
Aug 200933912,54967.423.22$63,244
Jul 200955012,50861.133.46$76,955
Jun 200933512,50466.163.90$70,867
May 200953413,13154.743.93$80,780
Apr 200954112,78446.773.59$71,165
Mar 200954713,38642.144.06$77,384
Feb 200936112,28232.814.63$68,747
Jan 200976713,87035.865.37$102,000
Dec 200876114,06537.105.98$112,302
Nov 200854313,86955.496.86$125,277
Oct 200853714,63875.246.92$141,728
Sep 200856914,530101.767.88$172,356
Aug 200874315,347114.228.48$215,054
Jul 200855815,791131.0811.39$252,993
Jun 200875015,750131.3313.03$303,761
May 200877116,895123.1711.57$290,512
Apr 200855516,295110.3110.45$231,584
Mar 200873617,651101.909.66$245,579
Feb 200897116,97692.538.77$238,736
Jan 200895118,59890.388.21$238,562
Dec 200789219,34588.337.30$220,047
Nov 200785420,10791.677.29$224,900
Oct 20071,09321,59882.856.92$240,056
Sep 20071,08621,91675.846.24$219,209
Aug 20071,26623,76669.066.39$239,246
Jul 20071,17825,27070.906.39$244,943
Jun 20071,32126,56562.007.55$282,427
May 20071,69828,63958.747.85$324,450
Apr 20071,60228,08359.617.81$314,689
Mar 20071,83526,51356.927.30$298,045
Feb 20071,98725,00155.108.22$314,892
Jan 20071,94326,28150.306.73$274,521
Dec 20061,89324,40956.656.92$276,111
Nov 200637421,28654.207.62$182,416

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            41 bbl  × $106.41 =     $4,363
Gas                1,958 Mcf  × $  3.05 =     $5,964

────────────────────────────────────────────────────
Month total                                  $10,327

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/224753 is the state's own key, not one this site invented.