J.T. MEADOWS

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 252446District 09Field 652802002 tax incentive programmesCondensateGasSaveExport
Value, all time
$1.7 M
May 2009 – Jan 2022
Value, last 12 filed months
$0
at the published price for each month
Months reported
153
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 Gas112009-12-16196079
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
CondensateDisposition3,485 bbl$274,043
GasProduction355,956 Mcf$1,392,556
Total$1,666,599

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 33.0993, -97.6965. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

33.09929, -97.69652 · 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
100.0%
1 of 1 wells
With a plug date
100.0%
1 of 1 wells
Median depth
6,790 ft
1 wells filed one
Completion to plug
12.7 years
median over 1 well

What the state filed about each well

On the RRC proration schedule
1100.0%
A plug date is filed
1100.0%
BothOn the schedule and plugged. Neither fact cancels the other.
1100.0%
NeitherNo plug date, and not on the schedule.
00.0%

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 6,790 ft.

Completions filed
May 2009
1 of 1 wells
Plug dates filed
Jan 2022
1 of 1 wells

Last completion to plug: a median of 12.7 years across the 1 well that filed both dates, with the middle half between 12.7 years and 12.7 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-4973654756,790 ftMay 2009Jan 2022Yes

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 (153)

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

153 months

Jan 20220081.844.54$0
Dec 20210071.323.90$0
Nov 20210077.435.24$0
Oct 20210079.795.71$0
Sep 20210069.865.35$0
Aug 20210066.024.22$0
Jul 20210070.783.98$0
Jun 20210069.493.38$0
May 20210063.483.02$0
Apr 20210060.362.76$0
Mar 20210061.302.72$0
Feb 20210057.805.55$0
Jan 20210050.412.81$0
Dec 20200044.642.68$0
Nov 20200038.772.71$0
Oct 20200036.972.48$0
Sep 20200037.091.99$0
Aug 20200039.982.39$0
Jul 20200038.371.83$0
Jun 20200034.901.69$0
May 20200016.921.81$0
Apr 20200014.751.80$0
Mar 20200030.341.86$0
Feb 20200049.881.98$0
Jan 20200057.252.09$0
Dec 20190059.012.30$0
Nov 20190055.302.75$0
Oct 20190053.472.42$0
Sep 20190055.052.66$0
Aug 20190053.112.30$0
Jul 20190056.272.46$0
Jun 20190052.782.49$0
May 20190058.482.74$0
Apr 20190062.632.75$0
Mar 20190056.803.06$0
Feb 20190050.852.79$0
Jan 20190046.033.23$0
Dec 20180046.594.19$0
Nov 20180052.934.24$0
Oct 20180061.443.40$0
Sep 20180059.543.11$0
Aug 20180059.403.07$0
Jul 20180065.142.93$0
Jun 20181160.183.08$63
May 2018131465.382.90$891
Apr 20180063.842.90$0
Mar 20180061.222.79$0
Feb 2018063861.782.77$1,765
Jan 201801,06962.874.01$4,286
Dec 201701,57657.272.92$4,604
Nov 201741,27155.423.12$4,185
Oct 2017662,16349.292.98$9,707
Sep 201701,80647.523.09$5,576
Aug 2017094345.373.00$2,833
Jul 201701,15843.873.09$3,575
Jun 201701,21942.493.09$3,763
May 2017085445.373.26$2,787
Apr 2017035747.933.21$1,147
Mar 201701,17246.772.98$3,497
Feb 2017078550.452.95$2,318
Jan 201701,66549.413.42$5,692
Dec 201601,27848.763.72$4,758
Nov 201601,10742.492.64$2,927
Oct 201652,59546.193.09$8,250
Sep 20169681441.553.10$6,513
Aug 2016068741.442.92$2,009
Jul 201601,82041.622.92$5,322
Jun 201601,22045.352.69$3,277
May 201602,05942.521.99$4,100
Apr 2016022936.561.99$456
Mar 201601,07333.011.79$1,925
Feb 201601,85926.472.06$3,836
Jan 201602,41727.352.36$5,715
Dec 201582,46632.362.00$5,194
Nov 2015771,65538.792.17$6,574
Oct 2015079943.552.43$1,939
Sep 2015018542.992.76$510
Aug 201541540.162.87$204
Jul 2015722,15548.152.95$9,813
Jun 201501,61556.152.88$4,656
May 201501,27955.212.96$3,780
Apr 201503,54949.822.71$9,606
Mar 2015053542.892.93$1,570
Feb 201501,84844.662.98$5,500
Jan 201501,67143.433.10$5,181
Dec 20141461,53454.693.59$13,494
Nov 201402,65770.464.25$11,297
Oct 201403,45978.303.90$13,493
Sep 201401,24686.164.05$5,041
Aug 2014098389.394.04$3,967
Jul 2014088196.564.18$3,682
Jun 2014078798.164.74$3,728
May 20140094.734.73$0
Apr 201402,11695.944.81$10,176
Mar 201401,43695.895.06$7,262
Feb 201403,03097.406.19$18,762
Jan 201401,85790.404.86$9,026
Dec 201305991.824.35$257
Nov 2013069988.853.74$2,613
Oct 201301,17297.423.78$4,429
Sep 20130556104.113.72$2,067
Aug 20130560104.253.52$1,973
Jul 201301,011102.523.72$3,759
Jun 2013063294.403.93$2,486
May 20131617294.834.15$15,566
Apr 201301,18393.964.28$5,066
Mar 201302,37393.623.91$9,285
Feb 201302,73491.233.42$9,350
Jan 20131954,87591.603.42$34,534
Dec 201204,95286.773.42$16,937
Nov 201203,73686.953.62$13,543
Oct 201205,89689.383.40$20,045
Sep 20121685,51594.672.92$32,000
Aug 201204,38292.662.91$12,744
Jul 201205,44285.133.02$16,439
Jun 201204,78879.822.52$12,061
May 201202,75791.612.49$6,860
Apr 201203,676101.652.00$7,340
Mar 20121783,290105.052.22$26,010
Feb 201204,754101.102.57$12,219
Jan 201204,46598.092.73$12,208
Dec 201103,95996.873.24$12,826
Nov 20111704,50295.723.31$31,180
Oct 201105,91384.983.65$21,574
Sep 20111864,89483.623.99$35,060
Aug 201104,65983.404.15$19,332
Jul 201105,41094.144.52$24,438
Jun 20111454,18992.904.64$32,907
May 201106,68798.134.40$29,455
Apr 201105,742105.964.33$24,882
Mar 20111876,45796.364.06$44,218
Feb 201104,30685.644.18$17,999
Jan 201106,80486.504.59$31,222
Dec 20101906,99585.734.35$46,701
Nov 20101436,27680.843.80$35,380
Oct 201007,73378.103.51$27,134
Sep 201009,10172.633.98$36,217
Aug 20101794,97773.684.42$35,184
Jul 20101849,40872.554.74$57,910
Jun 201009,84570.364.91$48,343
May 201017910,32671.124.24$56,463
Apr 2010010,60581.694.12$43,721
Mar 201013410,43378.394.39$56,291
Feb 201015312,20073.585.44$77,655
Jan 201018020,09374.365.96$133,221
Dec 20090071.445.48$0
Nov 20090074.593.75$0
Oct 20090072.544.11$0
Sep 20090065.543.06$0
Aug 20090167.423.22$3
Jul 20090061.133.46$0
Jun 200926118,05666.163.90$87,596
May 2009015,19954.743.93$59,667

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.

Jun 2018 — as filed, then multipliedworked
Condensate             1 bbl  × $ 60.18 =        $60
Gas                    1 Mcf  × $  3.08 =         $3

────────────────────────────────────────────────────
Month total                                      $63

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/252446 is the state's own key, not one this site invented.