SMITH, PEGGY GAS UNIT "A"

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 231171District 09Field 652802002 tax incentive programmesGasSaveExport
Value, all time
$5.9 M
May 2007 – May 2026
Value, last 12 filed months
$109 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 Gas112008-12-09187352
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
GasProduction1,203,172 Mcf$5,882,731
Total$5,882,731

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 33.1581, -97.3713. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

33.15807, -97.37126 · 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
7,954 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 7,954 ft.

Completions filed
May 2007
1 of 1 wells

1 well

42-12133041127,954 ftMay 2007

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 20263,320106.413.05$10,112
Apr 20262,88198.932.87$8,268
Mar 20262,68489.753.15$8,453
Feb 20262,03663.503.75$7,636
Jan 20262,06059.138.00$16,476
Dec 20252,43556.664.41$10,747
Nov 20252,32858.593.93$9,141
Oct 20252,23459.383.30$7,383
Sep 20252,17062.743.08$6,677
Aug 20252,82063.933.01$8,502
Jul 20252,39066.743.32$7,923
Jun 20252,40366.483.13$7,518
May 20252,62160.553.23$8,472
Apr 20252,72262.363.54$9,644
Mar 20252,68667.704.27$11,465
Feb 20252,58470.884.34$11,217
Jan 20252,92274.324.28$12,502
Dec 20242,58668.993.12$8,072
Nov 20242,60169.052.20$5,718
Oct 20242,62671.372.28$5,991
Sep 20242,46969.612.36$5,838
Aug 20242,42175.632.06$4,996
Jul 20242,63179.932.15$5,648
Jun 20242,12678.082.63$5,600
May 20242,23978.812.20$4,922
Apr 20242,03684.451.66$3,378
Mar 20242,13380.301.55$3,296
Feb 20242,03176.091.78$3,623
Jan 20241,86773.023.30$6,157
Dec 20232,20071.262.61$5,744
Nov 20232,17177.892.81$6,095
Oct 20232,29385.443.09$7,079
Sep 20232,29689.042.74$6,280
Aug 20232,22680.522.67$5,950
Jul 20231,94274.852.64$5,130
Jun 20232,01068.962.26$4,540
May 20232,11770.622.23$4,715
Apr 20232,20878.122.24$4,941
Mar 20232,34372.852.39$5,607
Feb 20231,88875.112.47$4,655
Jan 20232,22476.533.39$7,534
Dec 20222,67876.415.73$15,342
Nov 20222,08285.005.65$11,755
Oct 20222,07787.185.86$12,179
Sep 20221,53784.888.16$12,548
Aug 20221,75194.529.13$15,982
Jul 20221,997101.587.54$15,062
Jun 20222,332115.097.98$18,603
May 20222,700109.378.43$22,769
Apr 20222,980104.226.84$20,376
Mar 20223,175108.885.08$16,118
Feb 20222,57291.054.86$12,497
Jan 20222,92281.844.54$13,259
Dec 20213,15571.323.90$12,302
Nov 20212,95177.435.24$15,454
Oct 20213,01279.795.71$17,210
Sep 20213,16469.865.35$16,930
Aug 20213,28366.024.22$13,856
Jul 20213,27670.783.98$13,045
Jun 20213,13969.493.38$10,612
May 20213,36463.483.02$10,151
Apr 20213,13260.362.76$8,639
Mar 20213,35961.302.72$9,126
Feb 20212,81357.805.55$15,606
Jan 20212,73250.412.81$7,678
Dec 20202,83044.642.68$7,572
Nov 20202,71938.772.71$7,359
Oct 20202,80736.972.48$6,957
Sep 20202,75137.091.99$5,477
Aug 20202,93039.982.39$6,988
Jul 20202,96438.371.83$5,410
Jun 20202,89234.901.69$4,888
May 20202,99816.921.81$5,441
Apr 20203,37414.751.80$6,088
Mar 20203,73130.341.86$6,926
Feb 20202,41149.881.98$4,775
Jan 20202,67957.252.09$5,612
Dec 20192,74459.012.30$6,323
Nov 20192,76255.302.75$7,597
Oct 20192,80153.472.42$6,774
Sep 20192,66355.052.66$7,076
Aug 20193,08553.112.30$7,109
Jul 20193,16656.272.46$7,789
Jun 20193,22652.782.49$8,037
May 20193,20458.482.74$8,780
Apr 20192,93762.632.75$8,079
Mar 20192,89256.803.06$8,856
Feb 20192,57550.852.79$7,190
Jan 20192,86846.033.23$9,258
Dec 20182,92946.594.19$12,259
Nov 20182,85652.934.24$12,102
Oct 20183,22461.443.40$10,955
Sep 20183,08859.543.11$9,598
Aug 20183,17459.403.07$9,733
Jul 20183,19665.142.93$9,370
Jun 20183,07860.183.08$9,471
May 20183,11265.382.90$9,027
Apr 20183,05463.842.90$8,859
Mar 20183,16161.222.79$8,809
Feb 20182,82761.782.77$7,820
Jan 20183,08962.874.01$12,385
Dec 20173,15857.272.92$9,226
Nov 20173,08055.423.12$9,605
Oct 20173,18049.292.98$9,488
Sep 20173,13747.523.09$9,685
Aug 20173,47545.373.00$10,440
Jul 20173,68143.873.09$11,364
Jun 20173,84442.493.09$11,868
May 20173,69545.373.26$12,058
Apr 20173,55347.933.21$11,411
Mar 20173,69546.772.98$11,025
Feb 20173,40450.452.95$10,051
Jan 20173,80149.413.42$12,995
Dec 20163,79448.763.72$14,124
Nov 20163,74642.492.64$9,906
Oct 20163,92546.193.09$12,129
Sep 20163,63741.553.10$11,277
Aug 20163,29341.442.92$9,630
Jul 20163,22841.622.92$9,440
Jun 20163,18445.352.69$8,552
May 20163,71542.521.99$7,397
Apr 20163,60936.561.99$7,186
Mar 20163,70133.011.79$6,640
Feb 20163,50526.472.06$7,233
Jan 20163,84927.352.36$9,100
Dec 20153,95432.362.00$7,914
Nov 20153,76738.792.17$8,164
Oct 20153,85943.552.43$9,364
Sep 20153,97842.992.76$10,973
Aug 20154,20640.162.87$12,082
Jul 20154,02348.152.95$11,848
Jun 20153,93956.152.88$11,356
May 20154,17455.212.96$12,336
Apr 20154,18149.822.71$11,316
Mar 20154,04842.892.93$11,880
Feb 20154,07044.662.98$12,113
Jan 20154,21943.433.10$13,082
Dec 20144,15454.693.59$14,919
Nov 20144,06170.464.25$17,267
Oct 20144,31378.303.90$16,825
Sep 20144,46486.164.05$18,059
Aug 20144,73389.394.04$19,098
Jul 20144,87196.564.18$20,359
Jun 20144,70398.164.74$22,278
May 20144,74394.734.73$22,418
Apr 20144,44495.944.81$21,372
Mar 20144,50195.895.06$22,761
Feb 20144,21397.406.19$26,087
Jan 20144,59990.404.86$22,354
Dec 20134,57891.824.35$19,935
Nov 20134,60288.853.74$17,204
Oct 20134,89097.423.78$18,481
Sep 20134,761104.113.72$17,700
Aug 20134,693104.253.52$16,532
Jul 20134,625102.523.72$17,195
Jun 20134,51294.403.93$17,748
May 20134,40994.834.15$18,293
Apr 20134,65793.964.28$19,944
Mar 20134,91693.623.91$19,236
Feb 20134,47291.233.42$15,294
Jan 20133,19991.603.42$10,940
Dec 20125,02986.773.42$17,200
Nov 20124,71386.953.62$17,084
Oct 20124,83389.383.40$16,431
Sep 20124,96994.672.92$14,502
Aug 20125,49492.662.91$15,977
Jul 20125,71085.133.02$17,249
Jun 20125,64479.822.52$14,217
May 20126,02891.612.49$15,000
Apr 20125,874101.652.00$11,729
Mar 20126,075105.052.22$13,499
Feb 20125,735101.102.57$14,740
Jan 20125,85698.092.73$16,011
Dec 20116,21596.873.24$20,135
Nov 20116,41895.723.31$21,252
Oct 20116,81684.983.65$24,868
Sep 20116,59983.623.99$26,302
Aug 20117,15583.404.15$29,688
Jul 20116,61994.144.52$29,900
Jun 20116,31392.904.64$29,292
May 20116,35698.134.40$27,997
Apr 20116,258105.964.33$27,118
Mar 20117,39196.364.06$29,988
Feb 20115,88185.644.18$24,582
Jan 20116,28586.504.59$28,840
Dec 20106,54185.734.35$28,439
Nov 20106,63580.843.80$25,182
Oct 20106,84878.103.51$24,029
Sep 20106,77672.633.98$26,965
Aug 20107,17673.684.42$31,713
Jul 20107,41472.554.74$35,116
Jun 20107,36670.364.91$36,170
May 20107,96171.124.24$33,717
Apr 20107,64781.694.12$31,526
Mar 20107,24878.394.39$31,809
Feb 20107,14173.585.44$38,864
Jan 20108,54674.365.96$50,969
Dec 20098,69271.445.48$47,665
Nov 20098,54074.593.75$32,038
Oct 20098,73072.544.11$35,882
Sep 20098,97265.543.06$27,497
Aug 20095,76667.423.22$18,558
Jul 20099,66161.133.46$33,471
Jun 20099,78466.163.90$38,109
May 200910,10754.743.93$39,678
Apr 200910,22446.773.59$36,679
Mar 200911,38642.144.06$46,216
Feb 200910,65032.814.63$49,341
Jan 200912,00935.865.37$64,500
Dec 200811,66537.105.98$69,723
Nov 200812,08155.496.86$82,880
Oct 200813,07575.246.92$90,505
Sep 200813,029101.767.88$102,631
Aug 200814,043114.228.48$119,127
Jul 200814,152131.0811.39$161,183
Jun 200813,908131.3313.03$181,258
May 200815,855123.1711.57$183,510
Apr 200815,325110.3110.45$160,221
Mar 200816,155101.909.66$156,123
Feb 200816,19092.538.77$141,996
Jan 200818,55490.388.21$152,249
Dec 200718,65488.337.30$136,211
Nov 200718,58591.677.29$135,516
Oct 200722,31782.856.92$154,478
Sep 200723,47775.846.24$146,594
Aug 200728,06069.066.39$179,246
Jul 200735,55870.906.39$227,142
Jun 200720,06462.007.55$151,452
May 20074,95958.747.85$38,910

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                3,320 Mcf  × $  3.05 =    $10,112

────────────────────────────────────────────────────
Month total                                  $10,112

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/231171 is the state's own key, not one this site invented.