MAGGIE WATTS

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 254385District 09Field 652802002 tax incentive programmesCondensateGasSaveExport
Value, all time
$1.5 M
Apr 2009 – May 2026
Value, last 12 filed months
$0
at the published price for each month
Months reported
206
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 Gas112010-04-07197793
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
CondensateDisposition1,734 bbl$129,272
GasProduction399,073 Mcf$1,344,193
Total$1,473,465

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 33.2702, -97.6650. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

33.27017, -97.66500 · 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
7,124 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 7,124 ft.

Completions filed
Apr 2009
1 of 1 wells

1 well

42-4973662377,124 ftApr 2009

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 (206)

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

206 months

May 202600106.413.05$0
Apr 20260098.932.87$0
Mar 20260089.753.15$0
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 20240078.812.20$0
Apr 20240084.451.66$0
Mar 20240080.301.55$0
Feb 20240076.091.78$0
Jan 20240073.023.30$0
Dec 20230071.262.61$0
Nov 20230077.892.81$0
Oct 20230085.443.09$0
Sep 20230089.042.74$0
Aug 20230080.522.67$0
Jul 20230074.852.64$0
Jun 20230068.962.26$0
May 20230070.622.23$0
Apr 20230078.122.24$0
Mar 20230072.852.39$0
Feb 20230075.112.47$0
Jan 20230076.533.39$0
Dec 20220076.415.73$0
Nov 20220085.005.65$0
Oct 20220087.185.86$0
Sep 20220084.888.16$0
Aug 20220094.529.13$0
Jul 202200101.587.54$0
Jun 202200115.097.98$0
May 202200109.378.43$0
Apr 202200104.226.84$0
Mar 202200108.885.08$0
Feb 20220091.054.86$0
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 2020091616.921.81$1,662
Apr 2020412,35614.751.80$4,856
Mar 202002,37830.341.86$4,414
Feb 202002,21349.881.98$4,383
Jan 202002,36957.252.09$4,962
Dec 201902,41359.012.30$5,560
Nov 201902,55055.302.75$7,014
Oct 201902,71753.472.42$6,571
Sep 201901,62655.052.66$4,321
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 201902,03156.803.06$6,219
Feb 201902,97050.852.79$8,293
Jan 201901,75946.033.23$5,678
Dec 2018035046.594.19$1,465
Nov 201801,06152.934.24$4,496
Oct 201801,18161.443.40$4,013
Sep 201801,33259.543.11$4,140
Aug 2018016559.403.07$506
Jul 20184511065.142.93$3,254
Jun 201805360.183.08$163
May 201802,80265.382.90$8,128
Apr 201802,00863.842.90$5,825
Mar 201802,78061.222.79$7,747
Feb 201801,49561.782.77$4,135
Jan 201802,42462.874.01$9,719
Dec 201703,18557.272.92$9,305
Nov 201702,80355.423.12$8,741
Oct 201702,62649.292.98$7,835
Sep 201703,62147.523.09$11,179
Aug 201701,04445.373.00$3,137
Jul 2017046543.873.09$1,436
Jun 2017056942.493.09$1,757
May 201702,89945.373.26$9,461
Apr 201702,09147.933.21$6,715
Mar 201703,14646.772.98$9,387
Feb 201702,87650.452.95$8,492
Jan 201703,59649.413.42$12,294
Dec 201602,94948.763.72$10,979
Nov 201603,23342.492.64$8,549
Oct 201603,89646.193.09$12,040
Sep 201604,58641.553.10$14,219
Aug 201604,84241.442.92$14,160
Jul 201604,96641.622.92$14,522
Jun 201605,05245.352.69$13,569
May 201605,36242.521.99$10,676
Apr 201605,32136.561.99$10,594
Mar 201604,54033.011.79$8,145
Feb 201604,97426.472.06$10,265
Jan 201602,31927.352.36$5,483
Dec 20150032.362.00$0
Nov 201502,11838.792.17$4,590
Oct 201503,36143.552.43$8,156
Sep 201503,79642.992.76$10,471
Aug 201503,73640.162.87$10,732
Jul 201503,84648.152.95$11,327
Jun 201504,05156.152.88$11,678
May 201503,72755.212.96$11,015
Apr 201504,12549.822.71$11,165
Mar 201501,56942.892.93$4,605
Feb 201506844.662.98$202
Jan 20150043.433.10$0
Dec 20140154.693.59$4
Nov 201401770.464.25$72
Oct 2014023878.303.90$928
Sep 20140086.164.05$0
Aug 20140089.394.04$0
Jul 201411,78696.564.18$7,561
Jun 2014324,46998.164.74$24,310
May 201404,41594.734.73$20,868
Apr 201403,56095.944.81$17,120
Mar 201403,82195.895.06$19,322
Feb 201402,65597.406.19$16,440
Jan 201401,47090.404.86$7,145
Dec 201302,58591.824.35$11,256
Nov 201301,66188.853.74$6,209
Oct 2013037397.423.78$1,410
Sep 201304104.113.72$15
Aug 20130886104.253.52$3,121
Jul 201303,952102.523.72$14,693
Jun 20131424,17994.403.93$29,843
May 201302,89894.834.15$12,024
Apr 201303,06993.964.28$13,143
Mar 2013485,09093.623.91$24,410
Feb 201304,60491.233.42$15,745
Jan 201304,93891.603.42$16,888
Dec 201205,34286.773.42$18,270
Nov 201203,68586.953.62$13,358
Oct 201205,29589.383.40$18,001
Sep 201206,08794.672.92$17,764
Aug 201204,68692.662.91$13,628
Jul 201206,07785.133.02$18,357
Jun 20121775,26179.822.52$27,381
May 201204,72091.612.49$11,745
Apr 201205,100101.652.00$10,184
Mar 201205,982105.052.22$13,292
Feb 201205,071101.102.57$13,034
Jan 201205,87098.092.73$16,049
Dec 201105,60096.873.24$18,143
Nov 201104,78995.723.31$15,858
Oct 20111816,63784.983.65$39,597
Sep 201106,43183.623.99$25,633
Aug 201106,23883.404.15$25,883
Jul 201106,22694.144.52$28,124
Jun 201104,74692.904.64$22,021
May 201105,01698.134.40$22,095
Apr 201103,136105.964.33$13,589
Mar 20111861,02996.364.06$22,098
Feb 201101,94285.644.18$8,118
Jan 201105,64986.504.59$25,922
Dec 20101468,64585.734.35$50,103
Nov 201002,36480.843.80$8,972
Oct 2010056478.103.51$1,979
Sep 20100172.633.98$4
Aug 20100073.684.42$0
Jul 20100572.554.74$24
Jun 20100770.364.91$34
May 20100071.124.24$0
Apr 20100081.694.12$0
Mar 20100078.394.39$0
Feb 201001073.585.44$54
Jan 201003,74374.365.96$22,324
Dec 20090271.445.48$11
Nov 20090074.593.75$0
Oct 20090072.544.11$0
Sep 20090065.543.06$0
Aug 20091881,78467.423.22$18,417
Jul 200909,94761.133.46$34,461
Jun 200917813,37366.163.90$63,864
May 200936922,94954.743.93$110,291
Apr 200904,97646.773.59$17,851

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 2020 — as filed, then multipliedworked
Condensate             0 bbl  × $ 16.92 =         $0
Gas                  916 Mcf  × $  1.81 =     $1,662

────────────────────────────────────────────────────
Month total                                   $1,662

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/254385 is the state's own key, not one this site invented.