BAILEY FOWLER UNIT

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 254371District 09Field 652802002 tax incentive programmesCondensateGasSaveExport
Value, all time
$5.6 M
May 2008 – May 2026
Value, last 12 filed months
$137 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 Gas112010-04-28198049
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
GasProduction1,256,162 Mcf$5,555,907
Total$5,555,949

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 33.1120, -97.1207. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

33.11202, -97.12070 · 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
8,757 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 8,757 ft.

Completions filed
May 2008
1 of 1 wells

1 well

42-121330542H8,757 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 202603,043106.413.05$9,268
Apr 202602,94098.932.87$8,437
Mar 202603,01889.753.15$9,505
Feb 202602,69063.503.75$10,088
Jan 202603,06459.138.00$24,506
Dec 202503,04356.664.41$13,430
Nov 202503,03158.593.93$11,901
Oct 202503,13259.383.30$10,351
Sep 202502,96162.743.08$9,111
Aug 202503,21663.933.01$9,695
Jul 202503,30566.743.32$10,957
Jun 202503,19966.483.13$10,009
May 202503,22260.553.23$10,415
Apr 202503,16762.363.54$11,221
Mar 202503,31967.704.27$14,167
Feb 202503,05770.884.34$13,270
Jan 202503,47374.324.28$14,860
Dec 202403,35868.993.12$10,482
Nov 202403,36369.052.20$7,393
Oct 202403,57171.372.28$8,147
Sep 202403,51069.612.36$8,299
Aug 202403,75975.632.06$7,757
Jul 202403,10579.932.15$6,665
Jun 202402,96078.082.63$7,797
May 202403,11978.812.20$6,857
Apr 202403,12384.451.66$5,182
Mar 202403,16080.301.55$4,883
Feb 202402,65976.091.78$4,743
Jan 202402,93173.023.30$9,665
Dec 202303,16471.262.61$8,260
Nov 202303,08377.892.81$8,656
Oct 202303,25485.443.09$10,046
Sep 202303,19889.042.74$8,747
Aug 202303,05780.522.67$8,171
Jul 202303,10174.852.64$8,192
Jun 202302,92768.962.26$6,611
May 202303,20970.622.23$7,148
Apr 202303,06278.122.24$6,852
Mar 202303,56472.852.39$8,529
Feb 202302,85975.112.47$7,049
Jan 202303,30876.533.39$11,207
Dec 202203,10676.415.73$17,795
Nov 202202,86285.005.65$16,159
Oct 202203,58787.185.86$21,033
Sep 202202,25384.888.16$18,393
Aug 202203,38394.529.13$30,877
Jul 202203,448101.587.54$26,005
Jun 202203,548115.097.98$28,303
May 202204,002109.378.43$33,749
Apr 202203,955104.226.84$27,043
Mar 202203,696108.885.08$18,762
Feb 202202,93991.054.86$14,280
Jan 202203,47681.844.54$15,773
Dec 202103,13371.323.90$12,216
Nov 202103,63877.435.24$19,052
Oct 202103,16579.795.71$18,084
Sep 202102,41669.865.35$12,928
Aug 202103,37566.024.22$14,244
Jul 202103,52370.783.98$14,029
Jun 202104,07569.493.38$13,776
May 202104,49463.483.02$13,561
Apr 202104,58160.362.76$12,636
Mar 202104,66261.302.72$12,666
Feb 202102,76857.805.55$15,357
Jan 202104,21650.412.81$11,848
Dec 202003,40744.642.68$9,115
Nov 202004,04538.772.71$10,948
Oct 202004,87136.972.48$12,072
Sep 202004,28337.091.99$8,528
Aug 202004,39439.982.39$10,480
Jul 202005,00338.371.83$9,131
Jun 202002,96434.901.69$5,010
May 202003,95216.921.81$7,172
Apr 202003,91814.751.80$7,070
Mar 202003,91030.341.86$7,258
Feb 202003,25649.881.98$6,449
Jan 202003,50257.252.09$7,336
Dec 201903,62159.012.30$8,344
Nov 201902,72555.302.75$7,496
Oct 201902,83653.472.42$6,859
Sep 201903,30955.052.66$8,793
Aug 201903,52453.112.30$8,121
Jul 201903,42656.272.46$8,428
Jun 201903,57652.782.49$8,909
May 201903,94358.482.74$10,805
Apr 201904,26662.632.75$11,734
Mar 201904,09756.803.06$12,545
Feb 201903,98550.852.79$11,127
Jan 201904,59446.033.23$14,830
Dec 201804,89046.594.19$20,467
Nov 201805,03752.934.24$21,343
Oct 201802,94061.443.40$9,990
Sep 201804,57359.543.11$14,213
Aug 201805,46559.403.07$16,759
Jul 201803,70465.142.93$10,860
Jun 201802,58360.183.08$7,948
May 201802,68665.382.90$7,792
Apr 201803,85663.842.90$11,185
Mar 201804,13761.222.79$11,529
Feb 201803,51461.782.77$9,720
Jan 201803,72262.874.01$14,923
Dec 201703,72157.272.92$10,871
Nov 201703,72755.423.12$11,622
Oct 201704,04949.292.98$12,081
Sep 201704,35147.523.09$13,433
Aug 201704,49045.373.00$13,490
Jul 201704,56043.873.09$14,078
Jun 201704,87042.493.09$15,035
May 201704,63045.373.26$15,110
Apr 201704,65547.933.21$14,950
Mar 201704,96546.772.98$14,814
Feb 201704,28350.452.95$12,646
Jan 201704,83849.413.42$16,540
Dec 201604,87248.763.72$18,138
Nov 201604,65942.492.64$12,320
Oct 201604,67846.193.09$14,456
Sep 201604,79441.553.10$14,864
Aug 201605,04341.442.92$14,747
Jul 201605,06941.622.92$14,823
Jun 201604,80845.352.69$12,913
May 201604,88542.521.99$9,726
Apr 201604,68236.561.99$9,322
Mar 201604,98033.011.79$8,934
Feb 201604,72226.472.06$9,744
Jan 201605,06327.352.36$11,971
Dec 201504,93332.362.00$9,873
Nov 201504,80238.792.17$10,408
Oct 201505,17843.552.43$12,565
Sep 201505,41042.992.76$14,923
Aug 201505,70840.162.87$16,396
Jul 201505,89748.152.95$17,367
Jun 201505,91556.152.88$17,052
May 201506,01355.212.96$17,771
Apr 201505,73149.822.71$15,511
Mar 201505,63842.892.93$16,546
Feb 201504,57144.662.98$13,604
Jan 201505,21743.433.10$16,176
Dec 201405,42154.693.59$19,469
Nov 201404,40070.464.25$18,708
Oct 201404,48278.303.90$17,484
Sep 201404,52686.164.05$18,310
Aug 201404,89189.394.04$19,736
Jul 201405,24996.564.18$21,939
Jun 201404,50298.164.74$21,325
May 201404,64694.734.73$21,960
Apr 201404,93695.944.81$23,738
Mar 201405,39595.895.06$27,281
Feb 201404,73897.406.19$29,338
Jan 201404,94190.404.86$24,017
Dec 201304,69591.824.35$20,444
Nov 201305,51788.853.74$20,624
Oct 201306,08497.423.78$22,994
Sep 201305,719104.113.72$21,262
Aug 201306,132104.253.52$21,601
Jul 201306,548102.523.72$24,344
Jun 201306,54394.403.93$25,736
May 201306,66994.834.15$27,670
Apr 201306,01293.964.28$25,747
Mar 201306,72593.623.91$26,314
Feb 201306,22991.233.42$21,303
Jan 201306,66391.603.42$22,787
Dec 201205,85886.773.42$20,035
Nov 201206,51786.953.62$23,624
Oct 201207,01889.383.40$23,859
Sep 201206,76294.672.92$19,734
Aug 201206,01592.662.91$17,493
Jul 201206,39285.133.02$19,309
Jun 201206,54679.822.52$16,490
May 201206,87691.612.49$17,110
Apr 201206,746101.652.00$13,470
Mar 201206,873105.052.22$15,272
Feb 201206,687101.102.57$17,187
Jan 201206,60898.092.73$18,067
Dec 201107,10796.873.24$23,025
Nov 201107,10695.723.31$23,530
Oct 201107,29284.983.65$26,605
Sep 201106,97183.623.99$27,785
Aug 201107,49283.404.15$31,087
Jul 201107,59394.144.52$34,299
Jun 201107,73192.904.64$35,871
May 201108,07498.134.40$35,565
Apr 201107,420105.964.33$32,153
Mar 201107,85496.364.06$31,866
Feb 201105,79485.644.18$24,219
Jan 201107,33686.504.59$33,663
Dec 201008,86685.734.35$38,547
Nov 201008,45680.843.80$32,093
Oct 201008,65678.103.51$30,373
Sep 201007,87172.633.98$31,322
Aug 201009,00973.684.42$39,814
Jul 201009,17572.554.74$43,457
Jun 201008,33570.364.91$40,928
May 2010010,43171.124.24$44,178
Apr 2010010,70381.694.12$44,125
Mar 2010011,59378.394.39$50,878
Feb 2010010,08873.585.44$54,903
Jan 2010010,54774.365.96$62,903
Dec 2009010,55471.445.48$57,876
Nov 2009010,93174.593.75$41,008
Oct 2009011,45972.544.11$47,099
Sep 2009011,86365.543.06$36,357
Aug 2009012,68067.423.22$40,811
Jul 2009013,77461.133.46$47,720
Jun 2009014,68266.163.90$57,186
May 2009015,04354.743.93$59,055
Apr 2009012,96646.773.59$46,516
Mar 2009111,72542.144.06$47,634
Feb 2009012,90132.814.63$59,770
Jan 200909,65735.865.37$51,868
Dec 200808,44437.105.98$50,471
Nov 2008017,99255.496.86$123,432
Oct 2008015,87075.246.92$109,852
Sep 2008020,274101.767.88$159,700
Aug 2008023,343114.228.48$198,019
Jul 2008026,494131.0811.39$301,752
Jun 2008032,724131.3313.03$426,480
May 2008022,219123.1711.57$257,169

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                3,043 Mcf  × $  3.05 =     $9,268

────────────────────────────────────────────────────
Month total                                   $9,268

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/254371 is the state's own key, not one this site invented.