KARNES, J.D. (DEEP) GU

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 260288District 09Field 652802002 tax incentive programmesCondensateGasSaveExport
Value, all time
$11.1 M
Jan 2011 – May 2026
Value, last 12 filed months
$345 k
at the published price for each month
Months reported
185
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 Gas112011-08-25203313
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
CondensateDisposition36,392 bbl$2,891,537
GasProduction2,390,308 Mcf$8,246,370
Total$11,137,906

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 33.0939, -97.6129. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

33.09393, -97.61290 · 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
6,849 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 6,849 ft.

Completions filed
Jan 2011
1 of 1 wells

1 well

42-497370841H6,849 ftJan 2011

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 (185)

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

185 months

May 202606,932106.413.05$21,114
Apr 202606,68598.932.87$19,184
Mar 202606,97889.753.15$21,977
Feb 20261996,44763.503.75$36,815
Jan 202607,07559.138.00$56,585
Dec 202507,20056.664.41$31,776
Nov 202506,56558.593.93$25,777
Oct 20251287,14559.383.30$31,214
Sep 202506,90762.743.08$21,252
Aug 20251897,14763.933.01$33,629
Jul 202507,17766.743.32$23,793
Jun 202506,89166.483.13$21,560
May 202507,09460.553.23$22,930
Apr 20252166,91362.363.54$37,963
Mar 202507,31867.704.27$31,236
Feb 202506,57470.884.34$28,537
Jan 202507,27074.324.28$31,106
Dec 202407,39868.993.12$23,092
Nov 202407,22369.052.20$15,879
Oct 20242097,44771.372.28$31,906
Sep 202407,25269.612.36$17,146
Aug 202407,53775.632.06$15,554
Jul 202407,57279.932.15$16,254
Jun 202407,36078.082.63$19,386
May 20242097,71178.812.20$33,423
Apr 202407,45084.451.66$12,361
Mar 202407,69980.301.55$11,896
Feb 20241917,11076.091.78$27,215
Jan 202407,67573.023.30$25,310
Dec 202307,70171.262.61$20,105
Nov 20231927,45177.892.81$35,874
Oct 202307,58485.443.09$23,414
Sep 202307,60089.042.74$20,786
Aug 202307,74680.522.67$20,704
Jul 20231837,85774.852.64$34,454
Jun 202307,56768.962.26$17,090
May 202307,83670.622.23$17,454
Apr 202307,61878.122.24$17,047
Mar 20231807,93572.852.39$32,103
Feb 202307,22875.112.47$17,822
Jan 202338,06076.533.39$27,535
Dec 2022858,12876.415.73$53,061
Nov 2022907,89485.005.65$52,221
Oct 202218,21787.185.86$48,270
Sep 20221048,01684.888.16$74,268
Aug 2022608,34194.529.13$81,801
Jul 2022938,417101.587.54$72,929
Jun 202208,105115.097.98$64,655
May 20221548,443109.378.43$88,043
Apr 20221368,179104.226.84$70,099
Mar 20221508,508108.885.08$59,522
Feb 20221847,59191.054.86$53,637
Jan 202208,47081.844.54$38,434
Dec 202108,52171.323.90$33,224
Nov 202108,34777.435.24$43,712
Oct 20211848,66079.795.71$64,163
Sep 202108,67169.865.35$46,398
Aug 202108,23866.024.22$34,769
Jul 20211788,90070.783.98$48,039
Jun 202108,64769.493.38$29,232
May 202108,90763.483.02$26,878
Apr 20211848,70060.362.76$35,104
Mar 202108,96261.302.72$24,349
Feb 20211808,45557.805.55$57,312
Jan 202109,01850.412.81$25,343
Dec 20201848,99244.642.68$32,272
Nov 202008,79738.772.71$23,810
Oct 202009,15836.972.48$22,697
Sep 2020798,89737.091.99$20,644
Aug 20201389,28739.982.39$27,668
Jul 202009,31938.371.83$17,008
Jun 20201359,04734.901.69$20,004
May 202009,40516.921.81$17,068
Apr 20201029,07714.751.80$17,883
Mar 2020809,03030.341.86$19,189
Feb 2020948,96849.881.98$22,451
Jan 2020939,57057.252.09$25,371
Dec 20191249,63659.012.30$29,522
Nov 20191069,34155.302.75$31,556
Oct 201909,75953.472.42$23,603
Sep 20191169,49855.052.66$31,625
Aug 201909,86753.112.30$22,737
Jul 20196810,03656.272.46$28,516
Jun 20191669,82252.782.49$33,230
May 2019010,26458.482.74$28,127
Apr 201916810,01062.632.75$38,056
Mar 2019010,44656.803.06$31,987
Feb 20191719,71950.852.79$35,833
Jan 2019010,87246.033.23$35,097
Dec 201816511,46346.594.19$55,665
Nov 2018013,59052.934.24$57,584
Oct 20180061.443.40$0
Sep 20181822,29159.543.11$17,957
Aug 2018011,26559.403.07$34,545
Jul 201815211,37065.142.93$43,237
Jun 201816811,10560.183.08$44,279
May 2018011,59965.382.90$33,646
Apr 201818511,29663.842.90$44,578
Mar 201818311,70161.222.79$43,812
Feb 201818510,71561.782.77$41,068
Jan 2018011,83962.874.01$47,466
Dec 201717911,99057.272.92$45,280
Nov 201717011,82655.423.12$46,299
Oct 201717912,25649.292.98$45,391
Sep 2017012,03147.523.09$37,143
Aug 201718112,58545.373.00$46,022
Jul 201711812,78143.873.09$44,635
Jun 201718312,42442.493.09$46,132
May 20178412,87345.373.26$45,821
Apr 201716012,59547.933.21$48,119
Mar 201718513,06446.772.98$47,631
Feb 201716311,91850.452.95$43,412
Jan 201717013,24249.413.42$53,671
Dec 201617713,28048.763.72$58,070
Nov 201618212,97442.492.64$42,041
Oct 2016013,49346.193.09$41,697
Sep 201618913,15641.553.10$48,645
Aug 201618413,83541.442.92$48,083
Jul 201617914,07641.622.92$48,613
Jun 201618213,66745.352.69$44,961
May 201616914,24042.521.99$35,538
Apr 201618513,83836.561.99$34,316
Mar 201616614,39033.011.79$31,295
Feb 201618413,66726.472.06$33,074
Jan 201617414,37427.352.36$38,744
Dec 201518714,58632.362.00$35,244
Nov 201537014,24638.792.17$45,228
Oct 201517914,94643.552.43$44,063
Sep 201516314,62842.992.76$47,358
Aug 201517815,24440.162.87$50,937
Jul 201517215,30548.152.95$53,356
Jun 201517914,92256.152.88$53,069
May 201536915,61355.212.96$66,516
Apr 201513915,25049.822.71$48,200
Mar 201536415,91142.892.93$62,306
Feb 201516714,47744.662.98$50,545
Jan 201517816,14643.433.10$57,793
Dec 201432816,41954.693.59$76,905
Nov 201418616,12670.464.25$81,671
Oct 201434416,98578.303.90$93,193
Sep 201418216,64986.164.05$83,034
Aug 201435216,93989.394.04$99,816
Jul 201436317,24696.564.18$107,133
Jun 201417816,81798.164.74$97,133
May 201436917,56594.734.73$117,977
Apr 201419217,03095.944.81$100,320
Mar 201438318,82795.895.06$131,930
Feb 201437613,56297.406.19$120,598
Jan 201419417,22790.404.86$101,273
Dec 201338117,35491.824.35$110,551
Nov 201338417,07888.853.74$97,961
Oct 201335717,89497.423.78$102,407
Sep 201338217,464104.113.72$104,697
Aug 201335618,400104.253.52$101,929
Jul 201336518,665102.523.72$106,811
Jun 201338018,42594.403.93$108,345
May 201336418,98394.834.15$113,280
Apr 201356119,01393.964.28$134,136
Mar 201336820,02393.623.91$112,800
Feb 201338218,16591.233.42$96,973
Jan 201356120,30891.603.42$120,839
Dec 201237520,68886.773.42$103,295
Nov 201256520,41686.953.62$123,134
Oct 201254821,48089.383.40$122,005
Sep 201255521,21694.672.92$114,459
Aug 201253322,38892.662.91$114,496
Jul 201238223,10085.133.02$102,300
Jun 201255522,43479.822.52$100,812
May 201255723,61091.612.49$109,776
Apr 201256723,447101.652.00$104,455
Mar 201253124,618105.052.22$110,485
Feb 201257723,373101.102.57$118,409
Jan 201277225,68998.092.73$145,961
Dec 201158026,36796.873.24$141,607
Nov 201175726,13195.723.31$158,987
Oct 201176427,83984.983.65$166,496
Sep 201175327,76283.623.99$173,620
Aug 201136930,34483.404.15$156,682
Jul 201175531,28894.144.52$212,411
Jun 201175031,45892.904.64$215,636
May 201194234,20298.134.40$243,092
Apr 201193435,395105.964.33$252,343
Mar 20111,30441,28496.364.06$293,157
Feb 201156530,32685.644.18$175,149
Jan 201107,11986.504.59$32,668

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                6,932 Mcf  × $  3.05 =    $21,114

────────────────────────────────────────────────────
Month total                                  $21,114

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/260288 is the state's own key, not one this site invented.