PADDACK, NANCY

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 225424District 09Field 652802002 tax incentive programmesCondensateGasSaveExport
Value, all time
$2.5 M
Oct 2006 – May 2026
Value, last 12 filed months
$0
at the published price for each month
Months reported
236
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 Gas112007-07-16175629
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
CondensateDisposition5,727 bbl$403,179
GasProduction431,428 Mcf$2,074,466
Total$2,477,644

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 33.2973, -97.2565. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

33.29726, -97.25648 · 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
8,711 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 8,711 ft.

Completions filed
Oct 2006
1 of 1 wells

1 well

42-1213288228,711 ftOct 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 (236)

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

236 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 20250058.593.93$0
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 20250060.553.23$0
Apr 20250062.363.54$0
Mar 20250067.704.27$0
Feb 20250070.884.34$0
Jan 20250074.324.28$0
Dec 20240068.993.12$0
Nov 20240069.052.20$0
Oct 20240071.372.28$0
Sep 20240069.612.36$0
Aug 20240075.632.06$0
Jul 20240079.932.15$0
Jun 20240078.082.63$0
May 20240078.812.20$0
Apr 20240084.451.66$0
Mar 20240080.301.55$0
Feb 20240076.091.78$0
Jan 20240073.023.30$0
Dec 20230071.262.61$0
Nov 20230077.892.81$0
Oct 20230085.443.09$0
Sep 20230089.042.74$0
Aug 20230080.522.67$0
Jul 20230074.852.64$0
Jun 20230068.962.26$0
May 20230070.622.23$0
Apr 20230078.122.24$0
Mar 20230072.852.39$0
Feb 20230075.112.47$0
Jan 20230076.533.39$0
Dec 20220376.415.73$17
Nov 20220085.005.65$0
Oct 20220087.185.86$0
Sep 20220084.888.16$0
Aug 20220094.529.13$0
Jul 202200101.587.54$0
Jun 202200115.097.98$0
May 202200109.378.43$0
Apr 202203104.226.84$21
Mar 202200108.885.08$0
Feb 20220091.054.86$0
Jan 20220681.844.54$27
Dec 202101271.323.90$47
Nov 20210077.435.24$0
Oct 20210679.795.71$34
Sep 20210069.865.35$0
Aug 20210066.024.22$0
Jul 20210070.783.98$0
Jun 202111069.493.38$103
May 2021253363.483.02$1,687
Apr 2021047360.362.76$1,305
Mar 202101,42361.302.72$3,866
Feb 202102557.805.55$139
Jan 20210450.412.81$11
Dec 20200044.642.68$0
Nov 20200038.772.71$0
Oct 20200036.972.48$0
Sep 20200737.091.99$14
Aug 202007839.982.39$186
Jul 202005738.371.83$104
Jun 20202421034.901.69$1,193
May 2020078116.921.81$1,417
Apr 20204288214.751.80$2,211
Mar 202001,01630.341.86$1,886
Feb 2020099149.881.98$1,963
Jan 2020398557.252.09$2,235
Dec 20193271659.012.30$3,538
Nov 201901,23055.302.75$3,383
Oct 201902,25153.472.42$5,444
Sep 201904355.052.66$114
Aug 201903053.112.30$69
Jul 201903756.272.46$91
Jun 201904552.782.49$112
May 201905958.482.74$162
Apr 201906962.632.75$190
Mar 2019035556.803.06$1,087
Feb 201921,37450.852.79$3,938
Jan 2019382,10446.033.23$8,541
Dec 201802,42146.594.19$10,133
Nov 201802,34752.934.24$9,945
Oct 2018292,43261.443.40$10,046
Sep 201822,43059.543.11$7,672
Aug 2018252,50059.403.07$9,151
Jul 201821,65765.142.93$4,988
Jun 2018502,42660.183.08$10,474
May 201802,54965.382.90$7,394
Apr 201822,58263.842.90$7,618
Mar 2018382,64361.222.79$9,692
Feb 201822,53561.782.77$7,136
Jan 2018362,54162.874.01$12,451
Dec 201702,58357.272.92$7,546
Nov 201732,48655.423.12$7,919
Oct 2017452,59449.292.98$9,958
Sep 201702,63747.523.09$8,141
Aug 201712,63345.373.00$7,956
Jul 2017352,45443.873.09$9,112
Jun 201702,23042.493.09$6,885
May 201722,54245.373.26$8,386
Apr 2017382,70947.933.21$10,522
Mar 201742,82646.772.98$8,619
Feb 2017482,70550.452.95$10,408
Jan 201702,99449.413.42$10,236
Dec 201613,12148.763.72$11,668
Nov 2016422,99042.492.64$9,691
Oct 2016553,58346.193.09$13,613
Sep 201604,08141.553.10$12,654
Aug 201622,21141.442.92$6,549
Jul 20163666541.622.92$3,443
Jun 2016801,65245.352.69$8,065
May 201601,81642.521.99$3,616
Apr 201604536.561.99$90
Mar 201601,22833.011.79$2,203
Feb 201602,22526.472.06$4,592
Jan 201602,12427.352.36$5,022
Dec 20151742,26532.362.00$10,164
Nov 201501,26838.792.17$2,748
Oct 201501543.552.43$36
Sep 201501,37742.992.76$3,798
Aug 201502,44940.162.87$7,035
Jul 201502,30348.152.95$6,783
Jun 201502,12856.152.88$6,135
May 201502,29455.212.96$6,780
Apr 201501,10749.822.71$2,996
Mar 201502,25342.892.93$6,612
Feb 20151771,89344.662.98$13,539
Jan 201501,65543.433.10$5,132
Dec 201401,50954.693.59$5,419
Nov 201401,98870.464.25$8,453
Oct 201402,02478.303.90$7,896
Sep 201402,06786.164.05$8,362
Aug 201402,52389.394.04$10,181
Jul 201402,48496.564.18$10,382
Jun 2014972,16198.164.74$19,758
May 201402,33194.734.73$11,018
Apr 201402,34795.944.81$11,287
Mar 201402,18195.895.06$11,029
Feb 201402,25097.406.19$13,932
Jan 201402,24490.404.86$10,907
Dec 201301,58391.824.35$6,893
Nov 201302388.853.74$86
Oct 20131752,09297.423.78$24,955
Sep 201302,437104.113.72$9,060
Aug 201302,755104.253.52$9,705
Jul 201302,594102.523.72$9,644
Jun 201302,41694.403.93$9,503
May 201302,23294.834.15$9,261
Apr 201302,29093.964.28$9,807
Mar 201302,73693.623.91$10,706
Feb 20131611,09991.233.42$18,447
Jan 201302,18791.603.42$7,479
Dec 201202,48186.773.42$8,485
Nov 201202,53486.953.62$9,186
Oct 201202,52589.383.40$8,584
Sep 201202,64794.672.92$7,725
Aug 201203,10992.662.91$9,041
Jul 2012812,51685.133.02$14,496
Jun 201202,49379.822.52$6,280
May 2012731,88091.612.49$11,366
Apr 201202,432101.652.00$4,856
Mar 201203,002105.052.22$6,671
Feb 2012682,346101.102.57$12,905
Jan 201202,35198.092.73$6,428
Dec 201103,06696.873.24$9,933
Nov 201102,95995.723.31$9,798
Oct 20111813,21884.983.65$27,122
Sep 201102,96483.623.99$11,814
Aug 201102,13783.404.15$8,867
Jul 201102,89194.144.52$13,059
Jun 201102,29792.904.64$10,658
May 201103,09398.134.40$13,624
Apr 201102,536105.964.33$10,989
Mar 20111732,11996.364.06$25,268
Feb 201102,31885.644.18$9,689
Jan 201104,66786.504.59$21,416
Dec 201002,56785.734.35$11,161
Nov 201002,75080.843.80$10,437
Oct 20101813,07978.103.51$24,940
Sep 201003,14972.633.98$12,531
Aug 201002,88273.684.42$12,737
Jul 201003,21272.554.74$15,214
Jun 201003,24670.364.91$15,939
May 20101843,34171.124.24$27,236
Apr 201003,29381.694.12$13,576
Mar 201003,08578.394.39$13,539
Feb 201002,63873.585.44$14,357
Jan 201003,30974.365.96$19,735
Dec 200902,90371.445.48$15,919
Nov 20091873,15374.593.75$25,777
Oct 200903,45072.544.11$14,180
Sep 200903,58965.543.06$10,999
Aug 200903,41367.423.22$10,985
Jul 20091823,80561.133.46$24,308
Jun 200903,45266.163.90$13,446
May 200903,40354.743.93$13,359
Apr 2009583,41546.773.59$14,964
Mar 200903,64142.144.06$14,779
Feb 200903,29032.814.63$15,243
Jan 20091833,54835.865.37$25,619
Dec 200804,34337.105.98$25,959
Nov 200804,03855.496.86$27,702
Oct 20081794,31575.246.92$43,336
Sep 200804,186101.767.88$32,974
Aug 200804,753114.228.48$40,320
Jul 20081714,703131.0811.39$75,979
Jun 200804,865131.3313.03$63,404
May 200805,438123.1711.57$62,941
Apr 20081764,309110.3110.45$64,465
Mar 20081853,950101.909.66$57,025
Feb 200804,43992.538.77$38,933
Jan 200803,02490.388.21$24,814
Dec 20071881,28788.337.30$26,004
Nov 200702,52591.677.29$18,412
Oct 20071422,80382.856.92$31,167
Sep 200702,59875.846.24$16,222
Aug 20071492,52569.066.39$26,419
Jul 20071834,28970.906.39$40,373
Jun 200704,23662.007.55$31,975
May 20071715,55058.747.85$53,591
Apr 20073687,14859.617.81$77,728
Mar 20071853,24556.927.30$34,225
Feb 200704,40055.108.22$36,150
Jan 20071835,28150.306.73$44,729
Dec 20061857,08556.656.92$59,497
Nov 20061829,01254.207.62$78,513
Oct 200601,81254.906.01$10,897

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.

Dec 2022 — as filed, then multipliedworked
Condensate             0 bbl  × $ 76.41 =         $0
Gas                    3 Mcf  × $  5.73 =        $17

────────────────────────────────────────────────────
Month total                                      $17

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/225424 is the state's own key, not one this site invented.