SMELLEY, PEARL

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 252200District 09Field 65280200CondensateGasSaveExport
Value, all time
$5.4 M
Feb 2009 – May 2026
Value, last 12 filed months
$65 k
at the published price for each month
Months reported
208
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

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
CondensateDisposition67 bbl$5,604
GasProduction1,443,179 Mcf$5,416,931
Total$5,422,535

Every month this lease reported (208)

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

208 months

May 202601,348106.413.05$4,106
Apr 2026052298.932.87$1,498
Mar 202601,36789.753.15$4,305
Feb 2026062363.503.75$2,336
Jan 202601,40559.138.00$11,237
Dec 202501,38256.664.41$6,099
Nov 202501,41658.593.93$5,560
Oct 202501,74259.383.30$5,757
Sep 202501,82462.743.08$5,612
Aug 202502,25063.933.01$6,783
Jul 202501,27666.743.32$4,230
Jun 202502,33966.483.13$7,318
May 202502,07960.553.23$6,720
Apr 202502,03562.363.54$7,210
Mar 202501,43167.704.27$6,108
Feb 202501,97370.884.34$8,564
Jan 202501,26674.324.28$5,417
Dec 202402,32468.993.12$7,254
Nov 202402,22269.052.20$4,885
Oct 202401,86171.372.28$4,246
Sep 202401,79469.612.36$4,242
Aug 202401,12375.632.06$2,317
Jul 202401,34079.932.15$2,876
Jun 202401,94278.082.63$5,115
May 202402,36778.812.20$5,204
Apr 202401,36584.451.66$2,265
Mar 202402,33480.301.55$3,606
Feb 202402,09676.091.78$3,739
Jan 2024056673.023.30$1,866
Dec 202301,24271.262.61$3,243
Nov 202301,38577.892.81$3,888
Oct 2023092985.443.09$2,868
Sep 2023079789.042.74$2,180
Aug 202301,25680.522.67$3,357
Jul 202302,37974.852.64$6,285
Jun 202301,42168.962.26$3,209
May 202301,51470.622.23$3,372
Apr 202301,94178.122.24$4,343
Mar 202303,00972.852.39$7,201
Feb 2023092975.112.47$2,291
Jan 202301,91176.533.39$6,474
Dec 2022036276.415.73$2,074
Nov 202201,07085.005.65$6,041
Oct 202201,09387.185.86$6,409
Sep 2022013284.888.16$1,078
Aug 2022012394.529.13$1,123
Jul 20220371101.587.54$2,798
Jun 20220388115.097.98$3,095
May 202207109.378.43$59
Apr 202201,173104.226.84$8,021
Mar 202202,365108.885.08$12,006
Feb 202201,88291.054.86$9,144
Jan 202202,46381.844.54$11,176
Dec 202102,53771.323.90$9,892
Nov 202101,46077.435.24$7,646
Oct 202109879.795.71$560
Sep 202106269.865.35$332
Aug 2021013666.024.22$574
Jul 202101,30670.783.98$5,201
Jun 202101,74969.493.38$5,913
May 202101,98463.483.02$5,987
Apr 2021013260.362.76$364
Mar 202101,40061.302.72$3,804
Feb 2021059257.805.55$3,284
Jan 202102,64850.412.81$7,442
Dec 202001,96944.642.68$5,268
Nov 202002,62438.772.71$7,102
Oct 202002,19236.972.48$5,433
Sep 2020089537.091.99$1,782
Aug 202001,13139.982.39$2,698
Jul 202001,87138.371.83$3,415
Jun 202002,27534.901.69$3,845
May 202002,45216.921.81$4,450
Apr 202002,25914.751.80$4,076
Mar 202002,46430.341.86$4,574
Feb 202001,97649.881.98$3,914
Jan 202002,19857.252.09$4,604
Dec 201902,27259.012.30$5,236
Nov 201902,27055.302.75$6,244
Oct 201902,39453.472.42$5,790
Sep 201902,35555.052.66$6,258
Aug 201902,45353.112.30$5,653
Jul 201901,88856.272.46$4,645
Jun 201902,46152.782.49$6,131
May 201902,39658.482.74$6,566
Apr 201902,77662.632.75$7,636
Mar 201902,47356.803.06$7,573
Feb 201902,66150.852.79$7,430
Jan 201902,89246.033.23$9,336
Dec 201802,76346.594.19$11,564
Nov 201803,36252.934.24$14,246
Oct 201804,35261.443.40$14,788
Sep 201805,11259.543.11$15,888
Aug 201803,46359.403.07$10,620
Jul 2018016465.142.93$481
Jun 201803,16060.183.08$9,723
May 20180065.382.90$0
Apr 20180063.842.90$0
Mar 20180061.222.79$0
Feb 201802,79461.782.77$7,729
Jan 201804,26062.874.01$17,080
Dec 201705,62557.272.92$16,434
Nov 201705,22555.423.12$16,293
Oct 201706,76149.292.98$20,173
Sep 201705,53347.523.09$17,082
Aug 201705,68145.373.00$17,068
Jul 201705,90143.873.09$18,218
Jun 201705,08342.493.09$15,693
May 201705,65445.373.26$18,451
Apr 201703,28447.933.21$10,547
Mar 201704,04346.772.98$12,063
Feb 201703,83250.452.95$11,314
Jan 201703,88749.413.42$13,289
Dec 201604,27648.763.72$15,919
Nov 201604,55542.492.64$12,045
Oct 201604,83646.193.09$14,945
Sep 201604,86241.553.10$15,075
Aug 201604,95241.442.92$14,481
Jul 201605,07841.622.92$14,850
Jun 201604,66245.352.69$12,521
May 201605,51642.521.99$10,983
Apr 201605,67336.561.99$11,295
Mar 201606,13833.011.79$11,012
Feb 201605,79426.472.06$11,957
Jan 201605,97827.352.36$14,134
Dec 201506,14632.362.00$12,301
Nov 201505,74638.792.17$12,453
Oct 201506,20743.552.43$15,062
Sep 201505,97842.992.76$16,490
Aug 201506,23740.162.87$17,916
Jul 201506,35048.152.95$18,701
Jun 201505,98556.152.88$17,254
May 201506,49155.212.96$19,184
Apr 201506,36249.822.71$17,219
Mar 201506,04642.892.93$17,743
Feb 201506,20944.662.98$18,479
Jan 201506,73243.433.10$20,873
Dec 201407,45254.693.59$26,763
Nov 201406,69170.464.25$28,449
Oct 201407,26878.303.90$28,352
Sep 201406,69086.164.05$27,064
Aug 201406,84889.394.04$27,633
Jul 201407,07896.564.18$29,583
Jun 201407,91898.164.74$37,507
May 201408,53194.734.73$40,322
Apr 201408,36895.944.81$40,243
Mar 201409,19995.895.06$46,518
Feb 201407,86797.406.19$48,712
Jan 201407,31890.404.86$35,571
Dec 201307,66591.824.35$33,377
Nov 201307,56988.853.74$28,295
Oct 201307,86797.423.78$29,732
Sep 201307,862104.113.72$29,229
Aug 201307,550104.253.52$26,596
Jul 201307,976102.523.72$29,653
Jun 201308,56794.403.93$33,698
May 201308,78594.834.15$36,450
Apr 201308,55993.964.28$36,655
Mar 201308,70593.623.91$34,062
Feb 201307,71591.233.42$26,385
Jan 201309,21091.603.42$31,497
Dec 201209,53786.773.42$32,618
Nov 201209,80186.953.62$35,528
Oct 2012010,21089.383.40$34,711
Sep 2012010,29794.672.92$30,051
Aug 201209,93392.662.91$28,887
Jul 201208,33885.133.02$25,187
Jun 2012012,67379.822.52$31,924
May 2012013,27591.612.49$33,032
Apr 2012012,864101.652.00$25,687
Mar 201205,690105.052.22$12,644
Feb 201204,510101.102.57$11,592
Jan 201206,39898.092.73$17,493
Dec 2011012,65396.873.24$40,992
Nov 20110095.723.31$0
Oct 20111084.983.65$85
Sep 201166083.623.99$5,519
Aug 2011014,36083.404.15$59,584
Jul 2011020,08594.144.52$90,729
Jun 2011018,53092.904.64$85,977
May 2011019,07698.134.40$84,026
Apr 2011018,318105.964.33$79,377
Mar 2011019,43296.364.06$78,842
Feb 2011017,54785.644.18$73,346
Jan 2011019,60886.504.59$89,977
Dec 2010020,12285.734.35$87,485
Nov 2010021,28280.843.80$80,772
Oct 2010023,47778.103.51$82,378
Sep 2010023,82072.633.98$94,791
Aug 2010024,72673.684.42$109,273
Jul 2010025,18372.554.74$119,279
Jun 2010024,82970.364.91$121,920
May 2010026,80571.124.24$113,525
Apr 2010027,01181.694.12$111,358
Mar 2010029,12078.394.39$127,798
Feb 2010026,82473.585.44$145,986
Jan 2010030,78774.365.96$183,616
Dec 2009032,59171.445.48$178,721
Nov 2009035,11074.593.75$131,715
Oct 2009040,77072.544.11$167,575
Sep 2009040,23565.543.06$123,310
Aug 2009046,10867.423.22$148,399
Jul 2009054,87761.133.46$190,121
Jun 2009054,90666.163.90$213,859
May 20090054.743.93$0
Apr 20090046.773.59$0
Mar 20090042.144.06$0
Feb 20090032.814.63$0

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                1,348 Mcf  × $  3.05 =     $4,106

────────────────────────────────────────────────────
Month total                                   $4,106

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/252200 is the state's own key, not one this site invented.