PENLEY, MARY

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 245198District 09Field 652802002 tax incentive programmesCondensateGasSaveExport
Value, all time
$5.2 M
Oct 2008 – May 2026
Value, last 12 filed months
$121 k
at the published price for each month
Months reported
212
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 Gas112009-07-23193351
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
CondensateDisposition22,561 bbl$1,387,385
GasProduction995,034 Mcf$3,793,374
Total$5,180,759

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 33.3175, -97.3504. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

33.31746, -97.35036 · 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
8,602 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 8,602 ft.

Completions filed
Nov 2020
1 of 1 wells

1 well

42-1213340218,602 ftNov 2020

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 (212)

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

212 months

May 202602,668106.413.05$8,126
Apr 202602,46998.932.87$7,085
Mar 202602,64689.753.15$8,333
Feb 2026592,34563.503.75$12,541
Jan 202602,11659.138.00$16,924
Dec 202512,55956.664.41$11,350
Nov 2025392,49658.593.93$12,085
Oct 202502,58859.383.30$8,553
Sep 202512,40162.743.08$7,450
Aug 2025562,57563.933.01$11,343
Jul 202502,60466.743.32$8,633
Jun 202502,62866.483.13$8,222
May 2025592,57360.553.23$11,889
Apr 202502,60062.363.54$9,212
Mar 202502,50667.704.27$10,696
Feb 202501,45770.884.34$6,325
Jan 2025591,96974.324.28$12,810
Dec 202402,79168.993.12$8,712
Nov 202402,54469.052.20$5,593
Oct 202402,63971.372.28$6,021
Sep 2024362,63969.612.36$8,746
Aug 202402,61375.632.06$5,392
Jul 202402,52279.932.15$5,414
Jun 2024472,67478.082.63$10,713
May 202402,63978.812.20$5,802
Apr 202402,55184.451.66$4,233
Mar 2024462,45680.301.55$7,489
Feb 202402,04376.091.78$3,644
Jan 2024372,50673.023.30$10,966
Dec 2023493,03071.262.61$11,402
Nov 202312,89677.892.81$8,209
Oct 2023362,88985.443.09$11,995
Sep 202312,91889.042.74$8,070
Aug 2023342,93880.522.67$10,591
Jul 2023402,89374.852.64$10,637
Jun 202312,62568.962.26$5,997
May 2023222,48970.622.23$7,098
Apr 2023172,46978.122.24$6,853
Mar 2023372,85472.852.39$9,526
Feb 202322,72175.112.47$6,859
Jan 2023501,50576.533.39$8,925
Dec 202202,39476.415.73$13,715
Nov 202232,57485.005.65$14,788
Oct 2022472,80487.185.86$20,539
Sep 202202,60384.888.16$21,250
Aug 2022162,78294.529.13$26,904
Jul 202212,801101.587.54$21,227
Jun 2022222,723115.097.98$24,254
May 2022522,840109.378.43$29,637
Apr 2022312,697104.226.84$21,672
Mar 2022573,062108.885.08$21,750
Feb 2022382,90091.054.86$17,551
Jan 2022402,04281.844.54$12,540
Dec 2021523,01471.323.90$15,461
Nov 202122,32577.435.24$12,331
Oct 2021522,82479.795.71$20,285
Sep 202102,66869.865.35$14,276
Aug 202132,65166.024.22$11,387
Jul 2021742,78670.783.98$16,332
Jun 202102,78869.493.38$9,425
May 20211792,60563.483.02$19,224
Apr 202102,72060.362.76$7,503
Mar 20211802,96861.302.72$19,098
Feb 202102,58757.805.55$14,353
Jan 202102,74550.412.81$7,714
Dec 202003,05544.642.68$8,174
Nov 202002,57738.772.71$6,975
Oct 202002,18936.972.48$5,425
Sep 202002,86037.091.99$5,694
Aug 202002,75639.982.39$6,573
Jul 202012,73338.371.83$5,026
Jun 2020572,76634.901.69$6,665
May 202003,35316.921.81$6,085
Apr 2020573,55014.751.80$7,246
Mar 202023,82730.341.86$7,164
Feb 2020533,35449.881.98$9,287
Jan 202063,70357.252.09$8,100
Dec 2019713,77159.012.30$12,879
Nov 201933,49555.302.75$9,780
Oct 2019563,78053.472.42$12,136
Sep 201913,70155.052.66$9,890
Aug 2019453,81653.112.30$11,183
Jul 201953,90556.272.46$9,888
Jun 20191243,88352.782.49$16,218
May 201904,11058.482.74$11,263
Apr 201903,44262.632.75$9,468
Mar 201993,99156.803.06$12,732
Feb 2019653,59750.852.79$13,349
Jan 2019764,23246.033.23$17,160
Dec 201804,37446.594.19$18,307
Nov 20181834,22852.934.24$27,601
Oct 201804,53761.443.40$15,417
Sep 201804,54559.543.11$14,126
Aug 201804,47959.403.07$13,735
Jul 20181635,59465.142.93$27,019
Jun 201802,14460.183.08$6,597
May 201801,82865.382.90$5,303
Apr 20181704,03663.842.90$22,560
Mar 201804,05561.222.79$11,301
Feb 201803,64061.782.77$10,069
Jan 201804,24762.874.01$17,028
Dec 201704,35357.272.92$12,717
Nov 20171694,54555.423.12$23,539
Oct 201704,31449.292.98$12,872
Sep 201703,90647.523.09$12,059
Aug 201704,90045.373.00$14,722
Jul 20171714,03243.873.09$19,950
Jun 201704,80042.493.09$14,819
May 201705,26845.373.26$17,192
Apr 201705,23247.933.21$16,803
Mar 20171714,89046.772.98$22,588
Feb 201704,24150.452.95$12,522
Jan 201705,05249.413.42$17,272
Dec 20161725,37648.763.72$28,401
Nov 201605,56942.492.64$14,726
Oct 201606,34846.193.09$19,617
Sep 20161836,34941.553.10$27,290
Aug 201606,22641.442.92$18,207
Jul 201606,59041.622.92$19,271
Jun 20161777,43045.352.69$27,983
May 201605,94042.521.99$11,827
Apr 20161624,30736.561.99$14,498
Mar 2016084533.011.79$1,516
Feb 201602,17626.472.06$4,490
Jan 201603,68627.352.36$8,715
Dec 20151664,14932.362.00$13,676
Nov 201503,99738.792.17$8,663
Oct 201504,51843.552.43$10,963
Sep 20151674,21542.992.76$18,806
Aug 201504,35140.162.87$12,498
Jul 201504,45648.152.95$13,123
Jun 20151844,45356.152.88$23,169
May 201504,45455.212.96$13,164
Apr 201504,60449.822.71$12,461
Mar 20151763,47642.892.93$17,750
Feb 201503,42844.662.98$10,202
Jan 201503,68943.433.10$11,438
Dec 20141854,30154.693.59$25,564
Nov 201401,58670.464.25$6,743
Oct 201404,40778.303.90$17,192
Sep 201464,50286.164.05$18,730
Aug 2014403,88889.394.04$19,264
Jul 2014671,90996.564.18$14,448
Jun 201403,89498.164.74$18,445
May 20141794,44594.734.73$37,966
Apr 201404,65395.944.81$22,377
Mar 20141904,46395.895.06$40,788
Feb 201404,28297.406.19$26,514
Jan 201404,21690.404.86$20,493
Dec 20131873,20191.824.35$31,109
Nov 201304,65388.853.74$17,394
Oct 201304,28097.423.78$16,176
Sep 20131704,251104.113.72$33,503
Aug 201305,188104.253.52$18,275
Jul 20131524,286102.523.72$31,517
Jun 201304,90694.403.93$19,297
May 201304,85894.834.15$20,156
Apr 201318214393.964.28$17,713
Mar 201301,72993.623.91$6,765
Feb 20131873,05691.233.42$27,511
Jan 201304,32491.603.42$14,788
Dec 201204,47186.773.42$15,292
Nov 20121874,97186.953.62$34,279
Oct 201204,50089.383.40$15,299
Sep 20121804,61494.672.92$30,506
Aug 201205,19892.662.91$15,117
Jul 20121875,50185.133.02$32,537
Jun 201205,34579.822.52$13,464
May 20121795,39091.612.49$29,810
Apr 20121535,222101.652.00$25,980
Mar 201204,895105.052.22$10,877
Feb 20121794,892101.102.57$30,671
Jan 20121845,26098.092.73$32,430
Dec 201105,92196.873.24$19,183
Nov 201105,16995.723.31$17,116
Oct 2011061884.983.65$2,255
Sep 20110083.623.99$0
Aug 201103,81083.404.15$15,809
Jul 20111765,68894.144.52$42,263
Jun 201105,39792.904.64$25,041
May 20113676,39598.134.40$64,183
Apr 201104,781105.964.33$20,717
Mar 201106,47596.364.06$26,271
Feb 20111876,26785.644.18$42,211
Jan 20111837,01786.504.59$48,029
Dec 20101827,22985.734.35$47,033
Nov 20101796,37180.843.80$38,650
Oct 20101817,41878.103.51$40,165
Sep 20101807,61272.633.98$43,365
Aug 20101778,00173.684.42$48,401
Jul 201008,00672.554.74$37,920
Jun 20101795,41970.364.91$39,204
May 20103565,90671.124.24$50,332
Apr 20101835,78681.694.12$38,803
Mar 20101825,95978.394.39$40,419
Feb 20103555,73473.585.44$57,327
Jan 201004,87174.365.96$29,051
Dec 20091831,17971.445.48$19,539
Nov 20091809,34674.593.75$48,488
Oct 200936310,40472.544.11$69,095
Sep 200918311,08065.543.06$45,951
Aug 200935612,71767.423.22$64,931
Jul 200935413,62061.133.46$68,827
Jun 200935613,47866.163.90$76,050
May 200953516,04954.743.93$92,290
Apr 200953617,37346.773.59$87,394
Mar 200973218,82642.144.06$107,261
Feb 200974720,31032.814.63$118,605
Jan 20091,13420,76235.865.37$152,178
Dec 20081,69228,27037.105.98$231,747
Nov 20084,34841,30155.496.86$524,610
Oct 20083777,52475.246.92$80,446

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             0 bbl  × $106.41 =         $0
Gas                2,668 Mcf  × $  3.05 =     $8,126

────────────────────────────────────────────────────
Month total                                   $8,126

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/245198 is the state's own key, not one this site invented.