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 231154District 09Field 652802002 tax incentive programmesGasSaveExport
Value, all time
$8.0 M
May 2007 – May 2026
Value, last 12 filed months
$145 k
at the published price for each month
Months reported
229
no gaps in the span
Streams
1
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 Gas112008-11-07186552
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
GasProduction1,652,377 Mcf$8,026,334
Total$8,026,334

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 33.1546, -97.3790. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

33.15460, -97.37900 · 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
7,861 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 7,861 ft.

Completions filed
May 2022
1 of 1 wells

1 well

42-12133042137,861 ftMay 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 (229)

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

229 months

May 20263,876106.413.05$11,806
Apr 20262,70198.932.87$7,751
Mar 20261,05389.753.15$3,316
Feb 20262,97163.503.75$11,142
Jan 20263,24659.138.00$25,961
Dec 20253,74356.664.41$16,519
Nov 20253,53358.593.93$13,872
Oct 20253,47559.383.30$11,484
Sep 20253,37162.743.08$10,372
Aug 20253,50863.933.01$10,576
Jul 20253,53266.743.32$11,709
Jun 20253,41366.483.13$10,678
May 20253,74860.553.23$12,115
Apr 20253,03262.363.54$10,743
Mar 202521267.704.27$905
Feb 20254,39170.884.34$19,061
Jan 20255,22574.324.28$22,356
Dec 20245,29668.993.12$16,531
Nov 20245,22669.052.20$11,489
Oct 20245,10471.372.28$11,644
Sep 20244,96069.612.36$11,727
Aug 20245,05675.632.06$10,434
Jul 20245,24479.932.15$11,257
Jun 20245,10878.082.63$13,454
May 20245,29978.812.20$11,650
Apr 20244,84484.451.66$8,037
Mar 20246,34680.301.55$9,805
Feb 20245,15076.091.78$9,186
Jan 20246,33273.023.30$20,881
Dec 20235,97971.262.61$15,609
Nov 20236,35277.892.81$17,834
Oct 20237,04385.443.09$21,744
Sep 20236,61589.042.74$18,092
Aug 20236,92980.522.67$18,520
Jul 20236,98874.852.64$18,461
Jun 20236,90568.962.26$15,595
May 20237,27170.622.23$16,195
Apr 20237,75978.122.24$17,363
Mar 20238,06472.852.39$19,298
Feb 20237,42375.112.47$18,303
Jan 20238,48876.533.39$28,755
Dec 20229,23076.415.73$52,879
Nov 20229,21085.005.65$52,002
Oct 202210,19987.185.86$59,804
Sep 202211,32784.888.16$92,470
Aug 202212,57494.529.13$114,765
Jul 202215,122101.587.54$114,051
Jun 202217,703115.097.98$141,220
May 202211,463109.378.43$96,668
Apr 20222,424104.226.84$16,574
Mar 20222,814108.885.08$14,285
Feb 20222,41191.054.86$11,715
Jan 20222,93681.844.54$13,323
Dec 20212,91771.323.90$11,374
Nov 20212,75977.435.24$14,448
Oct 20212,82479.795.71$16,136
Sep 20212,56269.865.35$13,709
Aug 20212,49166.024.22$10,513
Jul 20212,73270.783.98$10,879
Jun 20212,58369.493.38$8,732
May 20212,53263.483.02$7,641
Apr 20212,74260.362.76$7,564
Mar 20212,94761.302.72$8,007
Feb 20212,07057.805.55$11,484
Jan 20212,61150.412.81$7,338
Dec 20202,46444.642.68$6,592
Nov 20202,65038.772.71$7,172
Oct 20202,85236.972.48$7,068
Sep 20202,81437.091.99$5,603
Aug 20202,75039.982.39$6,559
Jul 20202,75138.371.83$5,021
Jun 20202,76934.901.69$4,680
May 20202,82416.921.81$5,125
Apr 20202,83714.751.80$5,119
Mar 20202,90930.341.86$5,400
Feb 20202,82149.881.98$5,587
Jan 20202,95657.252.09$6,192
Dec 20192,56959.012.30$5,920
Nov 20192,87155.302.75$7,897
Oct 20193,00853.472.42$7,275
Sep 20192,96055.052.66$7,866
Aug 20193,08553.112.30$7,109
Jul 20193,02356.272.46$7,437
Jun 20192,91152.782.49$7,252
May 20193,15358.482.74$8,640
Apr 20193,41862.632.75$9,402
Mar 20193,74956.803.06$11,480
Feb 20193,35150.852.79$9,357
Jan 20193,46546.033.23$11,186
Dec 20183,50246.594.19$14,657
Nov 20183,38252.934.24$14,330
Oct 20181,73761.443.40$5,902
Sep 20182,90359.543.11$9,023
Aug 20183,22859.403.07$9,899
Jul 20183,65265.142.93$10,707
Jun 20183,43560.183.08$10,569
May 20183,49665.382.90$10,141
Apr 20183,48263.842.90$10,101
Mar 20183,67261.222.79$10,233
Feb 20183,56961.782.77$9,872
Jan 20184,06862.874.01$16,310
Dec 20174,16757.272.92$12,174
Nov 20174,12555.423.12$12,863
Oct 20174,14049.292.98$12,352
Sep 20174,02247.523.09$12,417
Aug 20174,13645.373.00$12,426
Jul 20174,20843.873.09$12,991
Jun 20174,04142.493.09$12,476
May 20174,27745.373.26$13,958
Apr 20174,17547.933.21$13,408
Mar 20174,31446.772.98$12,872
Feb 20173,92550.452.95$11,589
Jan 20174,45149.413.42$15,217
Dec 20164,22448.763.72$15,725
Nov 20164,35242.492.64$11,508
Oct 20164,48346.193.09$13,854
Sep 20164,31841.553.10$13,389
Aug 20164,49041.442.92$13,130
Jul 20164,52141.622.92$13,221
Jun 20164,28845.352.69$11,517
May 20164,58842.521.99$9,135
Apr 20164,54036.561.99$9,039
Mar 20164,78433.011.79$8,583
Feb 20164,52326.472.06$9,334
Jan 20164,89527.352.36$11,574
Dec 20154,80132.362.00$9,609
Nov 20154,59838.792.17$9,965
Oct 20154,83443.552.43$11,730
Sep 20154,70642.992.76$12,981
Aug 20154,67340.162.87$13,423
Jul 20154,87548.152.95$14,357
Jun 20154,78156.152.88$13,783
May 20155,00655.212.96$14,795
Apr 20154,99449.822.71$13,517
Mar 20155,23642.892.93$15,366
Feb 20154,82144.662.98$14,348
Jan 20155,41443.433.10$16,787
Dec 20145,49254.693.59$19,724
Nov 20145,44170.464.25$23,134
Oct 20145,60978.303.90$21,880
Sep 20145,42486.164.05$21,942
Aug 20145,57489.394.04$22,492
Jul 20145,61796.564.18$23,477
Jun 20145,47398.164.74$25,925
May 20145,71594.734.73$27,012
Apr 20145,68695.944.81$27,345
Mar 20145,95795.895.06$30,123
Feb 20145,57697.406.19$34,527
Jan 20146,37390.404.86$30,977
Dec 20136,76491.824.35$29,454
Nov 20136,41488.853.74$23,977
Oct 20136,49797.423.78$24,555
Sep 20136,271104.113.72$23,314
Aug 20136,497104.253.52$22,886
Jul 20136,572102.523.72$24,433
Jun 20136,46194.403.93$25,414
May 20136,86394.834.15$28,475
Apr 20136,55693.964.28$28,077
Mar 20136,84693.623.91$26,788
Feb 20136,66591.233.42$22,794
Jan 20135,60091.603.42$19,152
Dec 20127,57686.773.42$25,911
Nov 20127,34386.953.62$26,618
Oct 20127,72789.383.40$26,269
Sep 20127,58194.672.92$22,124
Aug 20127,89992.662.91$22,972
Jul 20127,90385.133.02$23,873
Jun 20127,78379.822.52$19,606
May 20128,41191.612.49$20,929
Apr 20128,640101.652.00$17,252
Mar 20128,744105.052.22$19,430
Feb 20128,537101.102.57$21,942
Jan 20129,52398.092.73$26,037
Dec 20119,99496.873.24$32,378
Nov 201110,16395.723.31$33,653
Oct 201111,52884.983.65$42,060
Sep 201112,66383.623.99$50,472
Aug 201115,86383.404.15$65,821
Jul 20111194.144.52$50
Jun 20117,08392.904.64$32,864
May 20118,85998.134.40$39,022
Apr 20118,822105.964.33$38,228
Mar 20119,19496.364.06$37,303
Feb 20118,68385.644.18$36,295
Jan 20119,44386.504.59$43,332
Dec 20109,64585.734.35$41,934
Nov 20109,52380.843.80$36,143
Oct 20109,64478.103.51$33,840
Sep 20109,65372.633.98$38,414
Aug 20109,87573.684.42$43,641
Jul 201010,03972.554.74$47,550
Jun 201010,00370.364.91$49,119
May 201010,90571.124.24$46,185
Apr 201010,30881.694.12$42,497
Mar 201010,87778.394.39$47,736
Feb 201010,22573.585.44$55,648
Jan 201011,29574.365.96$67,364
Dec 200911,29071.445.48$61,912
Nov 200910,97674.593.75$41,176
Oct 200911,51872.544.11$47,342
Sep 200911,18865.543.06$34,288
Aug 200911,57067.423.22$37,238
Jul 200911,85461.133.46$41,068
Jun 200911,65266.163.90$45,385
May 200912,29654.743.93$48,271
Apr 200912,17746.773.59$43,685
Mar 200913,26342.144.06$53,835
Feb 200912,47532.814.63$57,797
Jan 200914,02335.865.37$75,318
Dec 200814,15237.105.98$84,588
Nov 200814,00855.496.86$96,100
Oct 200814,73175.246.92$101,968
Sep 200814,502101.767.88$114,234
Aug 200815,639114.228.48$132,666
Jul 200816,248131.0811.39$185,055
Jun 200816,047131.3313.03$209,135
May 200817,362123.1711.57$200,953
Apr 200817,102110.3110.45$178,799
Mar 200818,581101.909.66$179,568
Feb 200817,80892.538.77$156,186
Jan 200820,61890.388.21$169,186
Dec 200721,57588.337.30$157,540
Nov 200722,03391.677.29$160,658
Oct 200724,42782.856.92$169,083
Sep 200725,31575.846.24$158,071
Aug 200728,88069.066.39$184,484
Jul 200733,68070.906.39$215,146
Jun 200743,34062.007.55$327,150
May 200716,33358.747.85$128,153

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
Gas                3,876 Mcf  × $  3.05 =    $11,806

────────────────────────────────────────────────────
Month total                                  $11,806

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/231154 is the state's own key, not one this site invented.