WALLACE, FRANK

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 255542District 09Field 652802002 tax incentive programmesCondensateGasSaveExport
Value, all time
$9.9 M
Mar 2010 – May 2026
Value, last 12 filed months
$355 k
at the published price for each month
Months reported
195
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 Gas112010-08-31199484
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
CondensateDisposition2,280 bbl$181,110
GasProduction2,738,241 Mcf$9,694,150
Total$9,875,261

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 33.1637, -97.4937. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

33.16373, -97.49371 · 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
7,594 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 7,594 ft.

Completions filed
Mar 2010
1 of 1 wells

1 well

42-49736853117,594 ftMar 2010

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 (195)

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

195 months

May 202607,661106.413.05$23,334
Apr 202607,62298.932.87$21,873
Mar 202607,83289.753.15$24,666
Feb 202607,16663.503.75$26,875
Jan 202607,97959.138.00$63,815
Dec 202517,92256.664.41$35,019
Nov 2025467,68458.593.93$32,866
Oct 202507,89559.383.30$26,092
Sep 202507,78962.743.08$23,966
Aug 202508,11163.933.01$24,453
Jul 202508,17366.743.32$27,095
Jun 202507,99866.483.13$25,024
May 202508,27860.553.23$26,757
Apr 202507,93262.363.54$28,104
Mar 202508,37467.704.27$35,743
Feb 202507,74570.884.34$33,620
Jan 202508,34674.324.28$35,710
Dec 202408,16068.993.12$25,470
Nov 202407,99069.052.20$17,566
Oct 202408,67671.372.28$19,793
Sep 202408,28769.612.36$19,593
Aug 202408,58475.632.06$17,714
Jul 202408,61079.932.15$18,482
Jun 202408,29778.082.63$21,854
May 202408,67178.812.20$19,063
Apr 202408,15584.451.66$13,531
Mar 202408,80580.301.55$13,605
Feb 2024458,14276.091.78$17,946
Jan 202408,99973.023.30$29,676
Dec 202308,56271.262.61$22,353
Nov 202308,26477.892.81$23,202
Oct 202308,74285.443.09$26,989
Sep 202308,54989.042.74$23,382
Aug 202308,89780.522.67$23,781
Jul 202309,04674.852.64$23,898
Jun 202308,95768.962.26$20,229
May 202309,25870.622.23$20,621
Apr 202309,20278.122.24$20,592
Mar 202309,70672.852.39$23,228
Feb 202308,51175.112.47$20,985
Jan 202309,36476.533.39$31,723
Dec 202219,93276.415.73$56,978
Nov 2022559,33385.005.65$57,371
Oct 202209,32187.185.86$54,656
Sep 202209,04084.888.16$73,800
Aug 202209,35194.529.13$85,348
Jul 202209,778101.587.54$73,746
Jun 202209,493115.097.98$75,728
May 202209,834109.378.43$82,931
Apr 202209,583104.226.84$65,525
Mar 2022010,091108.885.08$51,226
Feb 202209,08691.054.86$44,147
Jan 2022010,09881.844.54$45,821
Dec 2021010,03271.323.90$39,116
Nov 202109,72777.435.24$50,939
Oct 2021010,00479.795.71$57,162
Sep 202109,54869.865.35$51,091
Aug 202109,76766.024.22$41,223
Jul 202109,62470.783.98$38,324
Jun 202119,12769.493.38$30,924
May 2021399,06763.483.02$29,837
Apr 202109,24260.362.76$25,493
Mar 2021010,45661.302.72$28,408
Feb 202108,61857.805.55$47,812
Jan 2021010,22550.412.81$28,735
Dec 202008,62944.642.68$23,087
Nov 202009,73538.772.71$26,348
Oct 202039,86536.972.48$24,561
Sep 2020010,31937.091.99$20,546
Aug 2020011,07239.982.39$26,408
Jul 2020010,99138.371.83$20,060
Jun 2020010,35534.901.69$17,503
May 2020010,92316.921.81$19,823
Apr 2020011,16514.751.80$20,146
Mar 2020011,76030.341.86$21,829
Feb 2020011,14649.881.98$22,077
Jan 2020012,01257.252.09$25,162
Dec 2019012,11659.012.30$27,920
Nov 2019011,73755.302.75$32,285
Oct 2019012,16753.472.42$29,426
Sep 2019011,78055.052.66$31,303
Aug 2019012,16453.112.30$28,030
Jul 2019012,17356.272.46$29,946
Jun 2019012,07052.782.49$30,069
May 2019012,65058.482.74$34,665
Apr 2019011,79362.632.75$32,439
Mar 2019812,19656.803.06$37,800
Feb 20195711,32650.852.79$34,523
Jan 2019012,44246.033.23$40,165
Dec 2018012,48446.594.19$52,251
Nov 2018011,96952.934.24$50,716
Oct 2018012,65961.443.40$43,016
Sep 2018010,04359.543.11$31,214
Aug 2018213,03759.403.07$40,098
Jul 20183013,35365.142.93$41,104
Jun 2018812,95460.183.08$40,340
May 2018013,54365.382.90$39,286
Apr 2018013,05463.842.90$37,867
Mar 2018013,70861.222.79$38,202
Feb 2018512,46061.782.77$34,775
Jan 201811013,41962.874.01$60,717
Dec 2017013,15057.272.92$38,418
Nov 2017013,52655.423.12$42,179
Oct 2017013,31849.292.98$39,737
Sep 2017011,53347.523.09$35,606
Aug 2017013,70845.373.00$41,184
Jul 2017014,04543.873.09$43,361
Jun 2017013,37442.493.09$41,289
May 2017013,52645.373.26$44,141
Apr 2017012,48547.933.21$40,097
Mar 2017014,01546.772.98$41,816
Feb 2017012,28550.452.95$36,273
Jan 2017013,46249.413.42$46,024
Dec 2016013,14848.763.72$48,948
Nov 2016012,84242.492.64$33,959
Oct 2016012,99446.193.09$40,155
Sep 2016012,45441.553.10$38,615
Aug 2016013,35341.442.92$39,049
Jul 201616312,83141.622.92$44,306
Jun 2016013,45645.352.69$36,141
May 2016014,68942.521.99$29,246
Apr 2016014,48736.561.99$28,844
Mar 2016015,17033.011.79$27,215
Feb 2016014,10926.472.06$29,116
Jan 2016015,04627.352.36$35,574
Dec 2015015,18732.362.00$30,395
Nov 2015014,79438.792.17$32,063
Oct 2015013,66343.552.43$33,154
Sep 2015012,62842.992.76$34,833
Aug 2015013,23840.162.87$38,026
Jul 2015013,64148.152.95$40,174
Jun 2015013,22556.152.88$38,126
May 2015013,71155.212.96$40,522
Apr 2015012,90249.822.71$34,920
Mar 2015013,08142.892.93$38,389
Feb 2015312,24344.662.98$36,571
Jan 20155814,18743.433.10$46,508
Dec 2014014,29654.693.59$51,342
Nov 2014013,80670.464.25$58,701
Oct 2014014,46978.303.90$56,443
Sep 2014014,61986.164.05$59,140
Aug 2014015,16789.394.04$61,201
Jul 2014014,24796.564.18$59,547
Jun 20144414,27998.164.74$71,957
May 2014014,43294.734.73$68,214
Apr 2014015,16595.944.81$72,930
Mar 2014116,09095.895.06$81,460
Feb 20142113,89797.406.19$88,096
Jan 201415516,19090.404.86$92,707
Dec 2013015,60591.824.35$67,952
Nov 2013016,67088.853.74$62,317
Oct 2013016,55197.423.78$62,552
Sep 2013016,212104.113.72$60,272
Aug 2013016,861104.253.52$59,395
Jul 2013016,893102.523.72$62,804
Jun 2013016,45994.403.93$64,740
May 2013017,20294.834.15$71,372
Apr 20134217,53193.964.28$79,024
Mar 2013017,58093.623.91$68,788
Feb 2013015,34191.233.42$52,465
Jan 2013017,06191.603.42$58,347
Dec 20122817,40986.773.42$61,971
Nov 20122715,26286.953.62$57,672
Oct 20128916,92089.383.40$65,477
Sep 2012021,30194.672.92$62,165
Aug 201208,40592.662.91$24,443
Jul 2012020,11185.133.02$60,751
Jun 20122219,08279.822.52$49,824
May 20127819,58291.612.49$55,872
Apr 2012021,092101.652.00$42,117
Mar 2012022,039105.052.22$48,972
Feb 201215622,174101.102.57$72,764
Jan 201218621,47398.092.73$76,954
Dec 2011020,38596.873.24$66,042
Nov 2011020,14695.723.31$66,709
Oct 2011021,87684.983.65$79,815
Sep 2011021,77483.623.99$86,787
Aug 2011023,14583.404.15$96,036
Jul 2011023,78594.144.52$107,443
Jun 2011023,79392.904.64$110,397
May 201119025,48098.134.40$130,880
Apr 2011025,014105.964.33$108,393
Mar 2011026,93996.364.06$109,301
Feb 2011024,86385.644.18$103,927
Jan 2011028,48886.504.59$130,725
Dec 201018929,60085.734.35$144,896
Nov 2010028,90380.843.80$109,696
Oct 2010031,96778.103.51$112,169
Sep 2010033,65372.633.98$133,921
Aug 2010036,36773.684.42$160,719
Jul 201026939,76972.554.74$207,881
Jun 2010043,20670.364.91$212,159
May 201014850,31171.124.24$223,604
Apr 2010058,61581.694.12$241,651
Mar 2010014,59678.394.39$64,057

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                7,661 Mcf  × $  3.05 =    $23,334

────────────────────────────────────────────────────
Month total                                  $23,334

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/255542 is the state's own key, not one this site invented.