MADEWELL

Operated by BKV NORTH TEXAS, LLC (P-5 100345) 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 251506District 09Field 652802002 tax incentive programmesCondensateGasSaveExport
Value, all time
$2.6 M
May 2008 – May 2026
Value, last 12 filed months
$30 k
at the published price for each month
Months reported
217
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 Gas112009-10-15191063
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
CondensateDisposition1 bbl$42
GasProduction591,459 Mcf$2,617,728
Total$2,617,770

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 33.1064, -97.1268. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

33.10644, -97.12682 · 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
8,538 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 8,538 ft.

Completions filed
May 2008
1 of 1 wells

1 well

42-121330641H8,538 ftMay 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 (217)

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

217 months

May 202603,046106.413.05$9,278
Apr 202603,72798.932.87$10,695
Mar 202603,24889.753.15$10,229
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 202401178.812.20$24
Apr 20240084.451.66$0
Mar 202401,37680.301.55$2,126
Feb 202402,09576.091.78$3,737
Jan 2024079573.023.30$2,622
Dec 202301,79871.262.61$4,694
Nov 202302,22277.892.81$6,238
Oct 202302,20385.443.09$6,801
Sep 202301,94889.042.74$5,328
Aug 202301,91180.522.67$5,108
Jul 202301,88774.852.64$4,985
Jun 202302,09468.962.26$4,729
May 202302,28570.622.23$5,090
Apr 202302,17378.122.24$4,863
Mar 202302,22472.852.39$5,322
Feb 202301,96675.112.47$4,848
Jan 202302,11076.533.39$7,148
Dec 202202,05876.415.73$11,790
Nov 202201,81285.005.65$10,231
Oct 202202,28187.185.86$13,375
Sep 202202,45384.888.16$20,026
Aug 202202,37394.529.13$21,659
Jul 202201,915101.587.54$14,443
Jun 202202,289115.097.98$18,260
May 202202,948109.378.43$24,861
Apr 202201,577104.226.84$10,783
Mar 202200108.885.08$0
Feb 2022045191.054.86$2,191
Jan 20220081.844.54$0
Dec 202101,55671.323.90$6,067
Nov 202101,57477.435.24$8,243
Oct 202101,11279.795.71$6,354
Sep 20210069.865.35$0
Aug 202101,37366.024.22$5,795
Jul 202101,03670.783.98$4,125
Jun 202102,15169.493.38$7,272
May 202102,68663.483.02$8,105
Apr 202102,85760.362.76$7,881
Mar 202101,51961.302.72$4,127
Feb 202101,73257.805.55$9,609
Jan 20210050.412.81$0
Dec 2020050044.642.68$1,338
Nov 202002,34538.772.71$6,347
Oct 202002,22836.972.48$5,522
Sep 202002,74537.091.99$5,465
Aug 202002,83839.982.39$6,769
Jul 202002,65938.371.83$4,853
Jun 202002,40034.901.69$4,057
May 202003,03416.921.81$5,506
Apr 202003,19814.751.80$5,770
Mar 202002,52030.341.86$4,678
Feb 202002,18549.881.98$4,328
Jan 202001,75657.252.09$3,678
Dec 201901,58659.012.30$3,655
Nov 201901,75855.302.75$4,836
Oct 201902,82253.472.42$6,825
Sep 201903,23655.052.66$8,599
Aug 201903,79853.112.30$8,752
Jul 201903,08656.272.46$7,592
Jun 201902,52552.782.49$6,290
May 201903,22058.482.74$8,824
Apr 201903,44362.632.75$9,471
Mar 201903,69656.803.06$11,318
Feb 201903,34550.852.79$9,340
Jan 201904,67846.033.23$15,101
Dec 201804,79346.594.19$20,061
Nov 201803,97952.934.24$16,860
Oct 201802,55061.443.40$8,665
Sep 201805,72459.543.11$17,790
Aug 201804,26459.403.07$13,076
Jul 201804,37565.142.93$12,827
Jun 201803,34760.183.08$10,298
May 201804,39065.382.90$12,735
Apr 2018012363.842.90$357
Mar 201801,09261.222.79$3,043
Feb 2018012261.782.77$337
Jan 2018016562.874.01$662
Dec 201701,61157.272.92$4,707
Nov 201703,39155.423.12$10,574
Oct 201703,27849.292.98$9,781
Sep 201701,63647.523.09$5,051
Aug 201701,60345.373.00$4,816
Jul 2017049043.873.09$1,513
Jun 2017089542.493.09$2,763
May 2017096945.373.26$3,162
Apr 2017055047.933.21$1,766
Mar 201701,28346.772.98$3,828
Feb 2017092150.452.95$2,719
Jan 201701,08249.413.42$3,699
Dec 201601,58448.763.72$5,897
Nov 201601,59742.492.64$4,223
Oct 201601,33446.193.09$4,122
Sep 201601,18341.553.10$3,668
Aug 201601,68241.442.92$4,919
Jul 201601,83641.622.92$5,369
Jun 2016053045.352.69$1,423
May 2016029842.521.99$593
Apr 2016016036.561.99$319
Mar 2016013533.011.79$242
Feb 201601,17326.472.06$2,421
Jan 20160627.352.36$14
Dec 201504832.362.00$96
Nov 2015095738.792.17$2,074
Oct 201501,52443.552.43$3,698
Sep 201502,97542.992.76$8,206
Aug 201503,44140.162.87$9,884
Jul 201504,24648.152.95$12,505
Jun 201504,91756.152.88$14,175
May 201505,46255.212.96$16,143
Apr 201504,94149.822.71$13,373
Mar 201502,20242.892.93$6,462
Feb 201501,34244.662.98$3,994
Jan 201501,34243.433.10$4,161
Dec 201401,74254.693.59$6,256
Nov 2014073170.464.25$3,108
Oct 2014093378.303.90$3,640
Sep 2014089986.164.05$3,637
Aug 201402,11889.394.04$8,546
Jul 201401,58596.564.18$6,625
Jun 201402,34098.164.74$11,084
May 201403,02494.734.73$14,293
Apr 201403,89595.944.81$18,732
Mar 201402,74795.895.06$13,891
Feb 2014065497.406.19$4,050
Jan 201401,75690.404.86$8,535
Dec 2013011291.824.35$488
Nov 2013059988.853.74$2,239
Oct 201302,85597.423.78$10,790
Sep 201303,936104.113.72$14,633
Aug 201301,485104.253.52$5,231
Jul 201300102.523.72$0
Jun 20130094.403.93$0
May 201309094.834.15$373
Apr 201301,27993.964.28$5,477
Mar 201304,84093.623.91$18,938
Feb 201303,52891.233.42$12,065
Jan 201304,05591.603.42$13,868
Dec 201204,45986.773.42$15,250
Nov 201203,71786.953.62$13,474
Oct 201202,22989.383.40$7,578
Sep 201203,29194.672.92$9,604
Aug 201203,42192.662.91$9,949
Jul 201203,13185.133.02$9,458
Jun 201203,42479.822.52$8,625
May 201203,13291.612.49$7,793
Apr 201203,935101.652.00$7,857
Mar 201202,918105.052.22$6,484
Feb 201201,595101.102.57$4,100
Jan 201201,34798.092.73$3,683
Dec 201102,98496.873.24$9,667
Nov 201105,38395.723.31$17,825
Oct 201103,41784.983.65$12,467
Sep 201102,36383.623.99$9,418
Aug 201103,73383.404.15$15,489
Jul 201103,74694.144.52$16,922
Jun 201105,09092.904.64$23,617
May 201105,58698.134.40$24,605
Apr 201104,872105.964.33$21,112
Mar 201104,47896.364.06$18,169
Feb 201102,55985.644.18$10,697
Jan 201104,51086.504.59$20,695
Dec 201005,09385.734.35$22,143
Nov 201003,37080.843.80$12,790
Oct 201003,13478.103.51$10,997
Sep 201003,80072.633.98$15,122
Aug 201005,53773.684.42$24,470
Jul 201005,99372.554.74$28,386
Jun 201004,23870.364.91$20,810
May 201007,94171.124.24$33,632
Apr 201005,48081.694.12$22,592
Mar 201003,13478.394.39$13,754
Feb 201002,15273.585.44$11,712
Jan 201005,14274.365.96$30,667
Dec 200903,91171.445.48$21,447
Nov 200906,09374.593.75$22,858
Oct 200903,46072.544.11$14,221
Sep 200905,50465.543.06$16,868
Aug 200906,50467.423.22$20,933
Jul 200907,33561.133.46$25,412
Jun 200906,36166.163.90$24,776
May 200908,77354.743.93$34,441
Apr 200909,03546.773.59$32,413
Mar 2009110,78142.144.06$43,802
Feb 200909,26632.814.63$42,929
Jan 200905,04635.865.37$27,102
Dec 200807,63437.105.98$45,629
Nov 2008014,66555.496.86$100,607
Oct 200809,73975.246.92$67,413
Sep 2008010,499101.767.88$82,702
Aug 200807,936114.228.48$67,321
Jul 200806,777131.0811.39$77,186
Jun 2008018,430131.3313.03$240,191
May 200808,152123.1711.57$94,354

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                3,046 Mcf  × $  3.05 =     $9,278

────────────────────────────────────────────────────
Month total                                   $9,278

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/251506 is the state's own key, not one this site invented.