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 255569District 09Field 652802002 tax incentive programmesCondensateGasSaveExport
Value, all time
$8.4 M
Mar 2010 – May 2026
Value, last 12 filed months
$222 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 Gas112010-08-31199485
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
CondensateDisposition2,148 bbl$166,589
GasProduction2,295,916 Mcf$8,233,234
Total$8,399,823

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 33.1540, -97.4908. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

33.15396, -97.49079 · 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
7,573 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 7,573 ft.

Completions filed
Mar 2010
1 of 1 wells

1 well

42-49736851127,573 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 202605,239106.413.05$15,957
Apr 202604,91198.932.87$14,093
Mar 202604,91089.753.15$15,464
Feb 202604,43363.503.75$16,625
Jan 202604,89059.138.00$39,110
Dec 202504,81456.664.41$21,246
Nov 202504,91258.593.93$19,287
Oct 202504,72259.383.30$15,605
Sep 202504,86862.743.08$14,978
Aug 202505,20863.933.01$15,701
Jul 202505,19766.743.32$17,229
Jun 202505,24566.483.13$16,410
May 2025385,38460.553.23$19,704
Apr 202505,18862.363.54$18,382
Mar 202505,32367.704.27$22,720
Feb 202504,81170.884.34$20,884
Jan 202505,41574.324.28$23,169
Dec 202405,63068.993.12$17,573
Nov 202405,50969.052.20$12,111
Oct 202405,70471.372.28$13,013
Sep 202405,68969.612.36$13,451
Aug 202405,65775.632.06$11,674
Jul 202405,84379.932.15$12,543
Jun 202405,92378.082.63$15,601
May 202406,11478.812.20$13,441
Apr 202406,00684.451.66$9,965
Mar 202405,93080.301.55$9,163
Feb 2024325,43376.091.78$12,125
Jan 202404,89173.023.30$16,129
Dec 202305,26171.262.61$13,735
Nov 202305,75577.892.81$16,158
Oct 202306,03085.443.09$18,616
Sep 202305,82989.042.74$15,943
Aug 202306,17680.522.67$16,508
Jul 202306,18674.852.64$16,342
Jun 202305,91968.962.26$13,368
May 202306,32270.622.23$14,082
Apr 202305,69478.122.24$12,742
Mar 202305,82072.852.39$13,928
Feb 202305,02575.112.47$12,390
Jan 202305,89876.533.39$19,981
Dec 202216,47676.415.73$37,178
Nov 2022555,46585.005.65$35,531
Oct 202206,18987.185.86$36,291
Sep 202205,88484.888.16$48,035
Aug 202206,57894.529.13$60,038
Jul 202206,309101.587.54$47,583
Jun 202206,416115.097.98$51,182
May 202206,710109.378.43$56,586
Apr 202206,281104.226.84$42,947
Mar 202206,842108.885.08$34,733
Feb 202206,14091.054.86$29,833
Jan 202206,94881.844.54$31,528
Dec 202107,00971.323.90$27,329
Nov 202106,88477.435.24$36,050
Oct 202107,17879.795.71$41,014
Sep 202106,99269.865.35$37,414
Aug 202107,24666.024.22$30,582
Jul 202107,19270.783.98$28,639
Jun 202107,07669.493.38$23,921
May 202107,16663.483.02$21,625
Apr 202106,95760.362.76$19,190
Mar 202107,65461.302.72$20,795
Feb 202106,30457.805.55$34,974
Jan 202107,30450.412.81$20,526
Dec 202007,30944.642.68$19,555
Nov 202007,17138.772.71$19,409
Oct 202007,76236.972.48$19,238
Sep 202006,99437.091.99$13,925
Aug 202007,45139.982.39$17,771
Jul 202007,50338.371.83$13,694
Jun 202007,31834.901.69$12,370
May 202007,71216.921.81$13,995
Apr 202007,52514.751.80$13,578
Mar 202007,76530.341.86$14,414
Feb 202007,34149.881.98$14,540
Jan 202007,87957.252.09$16,504
Dec 201907,94559.012.30$18,308
Nov 201907,68855.302.75$21,147
Oct 201907,95453.472.42$19,237
Sep 201907,69555.052.66$20,448
Aug 201907,98353.112.30$18,396
Jul 201907,99656.272.46$19,671
Jun 201907,77852.782.49$19,377
May 201908,18958.482.74$22,440
Apr 201907,84962.632.75$21,590
Mar 201908,17456.803.06$25,030
Feb 201927,53450.852.79$21,138
Jan 2019268,44646.033.23$28,462
Dec 201808,75646.594.19$36,648
Nov 201808,60352.934.24$36,453
Oct 2018119,13461.443.40$31,714
Sep 201808,93259.543.11$27,761
Aug 201809,21659.403.07$28,261
Jul 201819,16865.142.93$26,945
Jun 2018298,92160.183.08$29,194
May 201809,33065.382.90$27,064
Apr 201809,07963.842.90$26,336
Mar 201809,43961.222.79$26,305
Feb 201828,68261.782.77$24,139
Jan 2018479,89562.874.01$42,627
Dec 201709,91257.272.92$28,958
Nov 201709,32055.423.12$29,063
Oct 201709,77549.292.98$29,165
Sep 201709,35547.523.09$28,882
Aug 201709,81545.373.00$29,488
Jul 2017010,08743.873.09$31,141
Jun 201709,78142.493.09$30,197
May 2017010,21745.373.26$33,342
Apr 2017010,23647.933.21$32,874
Mar 2017010,60846.772.98$31,651
Feb 201749,65250.452.95$28,700
Jan 20175310,93449.413.42$40,000
Dec 2016011,33448.763.72$42,195
Nov 2016010,84242.492.64$28,670
Oct 2016011,21746.193.09$34,663
Sep 2016311,02941.553.10$34,322
Aug 20167411,48841.442.92$36,661
Jul 2016011,66441.622.92$34,110
Jun 2016011,32745.352.69$30,422
May 2016011,68242.521.99$23,259
Apr 2016010,93336.561.99$21,768
Mar 2016011,52533.011.79$20,676
Feb 2016010,88826.472.06$22,469
Jan 2016011,73927.352.36$27,755
Dec 2015011,08532.362.00$22,186
Nov 2015011,49138.792.17$24,905
Oct 2015012,83943.552.43$31,155
Sep 2015011,51042.992.76$31,749
Aug 2015012,65840.162.87$36,360
Jul 2015014,21248.152.95$41,855
Jun 2015014,67456.152.88$42,303
May 2015010,42055.212.96$30,796
Apr 2015013,66049.822.71$36,972
Mar 2015013,76742.892.93$40,402
Feb 2015312,51044.662.98$37,366
Jan 20155314,07943.433.10$45,956
Dec 2014114,40154.693.59$51,774
Nov 2014414,15770.464.25$60,475
Oct 20146414,87278.303.90$63,026
Sep 2014014,67486.164.05$59,363
Aug 2014015,32989.394.04$61,854
Jul 2014015,44996.564.18$64,571
Jun 2014614,98298.164.74$71,557
May 20146315,65994.734.73$79,981
Apr 2014015,71095.944.81$75,551
Mar 2014016,72695.895.06$84,580
Feb 2014014,16597.406.19$87,710
Jan 2014314,35090.404.86$70,023
Dec 20131214,56191.824.35$64,507
Nov 201310414,14688.853.74$62,122
Oct 2013015,16597.423.78$57,314
Sep 2013014,449104.113.72$53,718
Aug 2013015,364104.253.52$54,121
Jul 2013016,282102.523.72$60,532
Jun 2013015,47894.403.93$60,881
May 2013015,31094.834.15$63,522
Apr 2013015,25693.964.28$65,335
Mar 2013016,12493.623.91$63,091
Feb 2013014,63991.233.42$50,064
Jan 2013016,46591.603.42$56,309
Dec 2012016,94286.773.42$57,944
Nov 2012015,84686.953.62$57,441
Oct 2012013,21989.383.40$44,940
Sep 201206,80794.672.92$19,866
Aug 20123411,34192.662.91$36,132
Jul 2012217,61885.133.02$53,391
Jun 20129417,47979.822.52$51,533
May 20126219,51591.612.49$54,239
Apr 2012018,945101.652.00$37,829
Mar 2012019,548105.052.22$43,437
Feb 2012021,099101.102.57$54,229
Jan 2012021,24898.092.73$58,094
Dec 201117820,73296.873.24$84,409
Nov 2011020,46295.723.31$67,755
Oct 2011022,01784.983.65$80,330
Sep 2011021,13683.623.99$84,244
Aug 2011021,72083.404.15$90,123
Jul 2011022,64394.144.52$102,284
Jun 201117323,02492.904.64$122,900
May 2011024,80798.134.40$109,270
Apr 2011026,484105.964.33$114,763
Mar 2011027,71696.364.06$112,453
Feb 201119425,65285.644.18$123,839
Jan 2011030,68886.504.59$140,820
Dec 2010032,18685.734.35$139,937
Nov 2010031,83780.843.80$120,832
Oct 201019635,09878.103.51$138,463
Sep 2010034,97872.633.98$139,194
Aug 2010038,15473.684.42$168,616
Jul 201018640,01272.554.74$203,011
Jun 2010040,44970.364.91$198,621
May 201033844,14971.124.24$211,019
Apr 2010053,34081.694.12$219,904
Mar 201008,01778.394.39$35,184

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                5,239 Mcf  × $  3.05 =    $15,957

────────────────────────────────────────────────────
Month total                                  $15,957

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/255569 is the state's own key, not one this site invented.