PORTWOOD, G. B. 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 248732District 09Field 652802002 tax incentive programmesCondensateGasSaveExport
Value, all time
$9.2 M
Oct 2008 – May 2026
Value, last 12 filed months
$169 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 Gas112009-08-17193937
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
CondensateDisposition35,439 bbl$2,149,096
GasProduction1,802,926 Mcf$7,066,184
Total$9,215,280

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 33.0885, -97.7033. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

33.08850, -97.70333 · 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
6,974 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 6,974 ft.

Completions filed
Oct 2008
1 of 1 wells

1 well

42-4973651926,974 ftOct 2008

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 202603,223106.413.05$9,817
Apr 2026663,03798.932.87$15,245
Mar 202603,40189.753.15$10,711
Feb 2026743,22563.503.75$16,794
Jan 202603,07359.138.00$24,578
Dec 202523,22956.664.41$14,364
Nov 2025663,20158.593.93$16,435
Oct 202503,31759.383.30$10,962
Sep 202513,08962.743.08$9,567
Aug 2025783,11863.933.01$14,387
Jul 202523,16466.743.32$10,623
Jun 2025883,20766.483.13$15,884
May 202503,47860.553.23$11,242
Apr 202503,44862.363.54$12,217
Mar 20251153,59267.704.27$23,117
Feb 202502,74870.884.34$11,929
Jan 202503,10474.324.28$13,281
Dec 202403,14068.993.12$9,801
Nov 2024513,08169.052.20$10,295
Oct 202403,22671.372.28$7,360
Sep 202402,78169.612.36$6,575
Aug 2024283,14075.632.06$8,597
Jul 2024843,16179.932.15$13,499
Jun 202403,43678.082.63$9,050
May 202402,90578.812.20$6,386
Apr 202403,07084.451.66$5,094
Mar 202403,21780.301.55$4,971
Feb 202402,70376.091.78$4,821
Jan 202402,59573.023.30$8,557
Dec 2023633,46971.262.61$13,546
Nov 202303,28577.892.81$9,223
Oct 202363,60785.443.09$11,648
Sep 2023673,77589.042.74$16,290
Aug 202302,84380.522.67$7,599
Jul 202333,55774.852.64$9,621
Jun 20231022,82168.962.26$13,405
May 202304,04570.622.23$9,010
Apr 202302,74978.122.24$6,152
Mar 202322,99872.852.39$7,320
Feb 2023463,31875.112.47$11,636
Jan 202353,86276.533.39$13,466
Dec 20221582,40276.415.73$25,834
Nov 202202,37285.005.65$13,393
Oct 202203,43687.185.86$20,148
Sep 202203,92184.888.16$32,010
Aug 202204,19094.529.13$38,243
Jul 202233,959101.587.54$30,164
Jun 2022654,240115.097.98$41,304
May 202244,008109.378.43$34,237
Apr 2022753,629104.226.84$32,630
Mar 202233,751108.885.08$19,368
Feb 2022723,40291.054.86$23,085
Jan 202273,84881.844.54$18,034
Dec 2021693,79271.323.90$19,707
Nov 202153,68077.435.24$19,659
Oct 20211433,86579.795.71$33,494
Sep 202103,78669.865.35$20,259
Aug 202104,26066.024.22$17,980
Jul 202123,13270.783.98$12,613
Jun 2021493,79569.493.38$16,234
May 2021574,06663.483.02$15,888
Apr 202153,84260.362.76$10,900
Mar 20211334,15861.302.72$19,450
Feb 202103,26357.805.55$18,103
Jan 202124,02650.412.81$11,415
Dec 2020564,02644.642.68$13,271
Nov 2020724,24738.772.71$14,286
Oct 202064,05036.972.48$10,259
Sep 2020423,99037.091.99$9,502
Aug 2020374,10039.982.39$11,258
Jul 2020354,01538.371.83$8,671
Jun 2020504,08734.901.69$8,653
May 2020604,17016.921.81$8,583
Apr 2020533,96814.751.80$7,942
Mar 2020754,11130.341.86$9,906
Feb 2020713,94349.881.98$11,351
Jan 2020764,19657.252.09$13,141
Dec 2019664,26659.012.30$13,725
Nov 2019724,16255.302.75$15,430
Oct 201914,27153.472.42$10,383
Sep 2019704,10055.052.66$14,748
Aug 201974,02953.112.30$9,656
Jul 2019684,17956.272.46$14,107
Jun 201914,43652.782.49$11,104
May 2019794,53858.482.74$17,055
Apr 2019704,22662.632.75$16,009
Mar 2019684,34456.803.06$17,164
Feb 20191814,04050.852.79$20,484
Jan 201904,59946.033.23$14,846
Dec 201804,68346.594.19$19,600
Nov 20181784,64852.934.24$29,116
Oct 201804,49761.443.40$15,281
Sep 201804,45859.543.11$13,855
Aug 20181614,78659.403.07$24,240
Jul 201804,77665.142.93$14,003
Jun 201804,72960.183.08$14,551
May 20181734,92765.382.90$25,603
Apr 20181614,77763.842.90$24,135
Mar 201804,99361.222.79$13,915
Feb 201804,76661.782.77$13,183
Jan 201804,98662.874.01$19,990
Dec 20171735,01157.272.92$24,547
Nov 201704,22155.423.12$13,163
Oct 20171634,34849.292.98$21,007
Sep 201704,28547.523.09$13,229
Aug 201704,47845.373.00$13,454
Jul 20171634,30143.873.09$20,429
Jun 201703,62742.493.09$11,198
May 201704,36745.373.26$14,251
Apr 20171734,37647.933.21$22,346
Mar 201704,50546.772.98$13,441
Feb 201704,21350.452.95$12,439
Jan 20171714,50749.413.42$23,858
Dec 201604,58148.763.72$17,054
Nov 20161824,47842.492.64$19,575
Oct 201604,66746.193.09$14,422
Sep 201604,58241.553.10$14,207
Aug 20161724,66641.442.92$20,773
Jul 201604,58441.622.92$13,405
Jun 201604,69645.352.69$12,613
May 20161694,69642.521.99$16,536
Apr 201604,86036.561.99$9,676
Mar 20161804,98533.011.79$14,885
Feb 20161324,81926.472.06$13,439
Jan 201604,40727.352.36$10,420
Dec 20151364,91132.362.00$14,230
Nov 20151624,24938.792.17$15,493
Oct 201505,08243.552.43$12,332
Sep 20151794,96742.992.76$21,396
Aug 20151795,13540.162.87$21,939
Jul 201504,36548.152.95$12,855
Jun 20151625,02756.152.88$23,588
May 201505,14555.212.96$15,206
Apr 20151605,03049.822.71$21,585
Mar 20151885,56042.892.93$24,380
Feb 201504,72944.662.98$14,074
Jan 20151825,59943.433.10$25,265
Dec 20141705,69054.693.59$29,732
Nov 20141655,56870.464.25$35,300
Oct 201406,00678.303.90$23,429
Sep 20141765,97786.164.05$39,344
Aug 20141576,48689.394.04$40,206
Jul 20141836,66896.564.18$45,540
Jun 20141816,39398.164.74$48,050
May 20141796,70094.734.73$48,625
Apr 20143807,06595.944.81$70,434
Mar 201406,73295.895.06$34,042
Feb 20141916,38497.406.19$58,133
Jan 20141877,35990.404.86$52,675
Dec 20131727,06191.824.35$46,540
Nov 20131956,70688.853.74$42,395
Oct 20131857,12297.423.78$44,939
Sep 20131897,142104.113.72$46,229
Aug 20131727,896104.253.52$45,746
Jul 20131817,615102.523.72$46,867
Jun 20131907,46294.403.93$47,287
May 20133748,83194.834.15$72,107
Apr 20131728,61193.964.28$53,039
Mar 201319211,58593.623.91$63,306
Feb 20130091.233.42$0
Jan 201309,81991.603.42$33,580
Dec 201206,19486.773.42$21,184
Nov 201203,63986.953.62$13,191
Oct 201207,27689.383.40$24,736
Sep 201208,13594.672.92$23,741
Aug 201208,61592.662.91$25,054
Jul 2012010,84485.133.02$32,758
Jun 201206,61679.822.52$16,666
May 201207,03791.612.49$17,510
Apr 201209,951101.652.00$19,870
Mar 2012010,686105.052.22$23,745
Feb 201209,376101.102.57$24,099
Jan 2012011,42698.092.73$31,240
Dec 2011011,64796.873.24$37,733
Nov 2011010,94495.723.31$36,239
Oct 2011012,16384.983.65$44,377
Sep 2011011,91183.623.99$47,475
Aug 2011012,59483.404.15$52,257
Jul 2011013,07194.144.52$59,045
Jun 2011012,44492.904.64$57,739
May 2011015,11898.134.40$66,592
Apr 2011016,019105.964.33$69,415
Mar 2011018,91796.364.06$76,753
Feb 2011018,13885.644.18$75,816
Jan 2011022,14086.504.59$101,596
Dec 2010024,23485.734.35$105,363
Nov 2010025,75780.843.80$97,756
Oct 2010028,96878.103.51$101,646
Sep 2010028,93372.633.98$115,138
Aug 2010030,10973.684.42$133,063
Jul 2010030,25472.554.74$143,298
Jun 2010029,69270.364.91$145,800
May 2010029,87471.124.24$126,523
Apr 2010429,20081.694.12$120,709
Mar 20104434,25778.394.39$153,792
Feb 20101,17421,20373.585.44$201,777
Jan 20101,57233,71274.365.96$317,955
Dec 20091,50832,89771.445.48$288,130
Nov 20091,48233,22774.593.75$235,193
Oct 20091,50434,81572.544.11$252,199
Sep 20091,51033,91065.543.06$202,891
Aug 20091,47434,58967.423.22$210,702
Jul 20091,63533,64761.133.46$216,518
Jun 20091,48835,51066.163.90$236,758
May 20091,85636,69254.743.93$245,641
Apr 20091,69234,77046.773.59$203,872
Mar 20091,85134,57542.144.06$218,341
Feb 20091,68230,65932.814.63$197,230
Jan 20091,83031,09735.865.37$232,646
Dec 20081,67530,60637.105.98$245,079
Nov 200865121,00255.496.86$180,205
Oct 2008011,51975.246.92$79,734

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                3,223 Mcf  × $  3.05 =     $9,817

────────────────────────────────────────────────────
Month total                                   $9,817

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/248732 is the state's own key, not one this site invented.