PORTER-RILEY

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 261424District 09Field 652802002 tax incentive programmesCondensateGasSaveExport
Value, all time
$8.0 M
Feb 2011 – May 2026
Value, last 12 filed months
$215 k
at the published price for each month
Months reported
184
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 Gas112012-01-25204617
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
CondensateDisposition30,667 bbl$2,554,858
GasProduction1,567,518 Mcf$5,428,409
Total$7,983,267

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 33.2714, -97.2504. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

33.27142, -97.25036 · 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
8,665 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 8,665 ft.

Completions filed
Feb 2011
1 of 1 wells

1 well

42-121339762H8,665 ftFeb 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 (184)

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

184 months

May 2026664,494106.413.05$20,711
Apr 202613,12098.932.87$9,052
Mar 2026444,93989.753.15$19,504
Feb 2026713,35063.503.75$17,072
Jan 202604,36359.138.00$34,895
Dec 2025384,88556.664.41$23,712
Nov 202504,09058.593.93$16,059
Oct 2025464,26959.383.30$16,840
Sep 202513,79062.743.08$11,724
Aug 2025394,44663.933.01$15,897
Jul 202514,42666.743.32$14,740
Jun 2025473,82666.483.13$15,095
May 202504,16460.553.23$13,459
Apr 2025584,15962.363.54$18,353
Mar 2025843,87467.704.27$22,222
Feb 202503,08870.884.34$13,405
Jan 2025752,76974.324.28$17,422
Dec 202402,99468.993.12$9,345
Nov 2024333,54669.052.20$10,074
Oct 202403,91471.372.28$8,929
Sep 2024424,78769.612.36$14,242
Aug 2024555,62075.632.06$15,757
Jul 202405,07979.932.15$10,903
Jun 2024854,98578.082.63$19,767
May 202405,10278.812.20$11,216
Apr 202404,91584.451.66$8,155
Mar 2024664,55780.301.55$12,341
Feb 202483,99376.091.78$7,731
Jan 2024384,56473.023.30$17,825
Dec 2023475,00971.262.61$16,426
Nov 2023655,13077.892.81$19,466
Oct 2023155,26485.443.09$17,533
Sep 2023144,54089.042.74$13,664
Aug 2023323,94180.522.67$13,110
Jul 2023495,21874.852.64$17,453
Jun 2023736,62068.962.26$19,985
May 202346,97570.622.23$15,819
Apr 2023826,91378.122.24$21,875
Mar 2023386,18772.852.39$17,575
Feb 2023285,00975.112.47$14,454
Jan 2023755,02176.533.39$22,749
Dec 2022194,62976.415.73$27,972
Nov 2022364,59885.005.65$29,021
Oct 2022525,14887.185.86$34,720
Sep 2022664,77884.888.16$44,608
Aug 2022475,21794.529.13$52,059
Jul 202235,237101.587.54$39,803
Jun 2022605,647115.097.98$51,953
May 202255,173109.378.43$44,171
Apr 2022924,797104.226.84$42,388
Mar 202226,250108.885.08$31,945
Feb 2022494,76291.054.86$27,599
Jan 2022646,54181.844.54$34,919
Dec 20211396,71071.323.90$36,077
Nov 2021466,30477.435.24$36,575
Oct 2021646,72279.795.71$43,515
Sep 202126,41369.865.35$34,455
Aug 2021556,31866.024.22$30,297
Jul 20211576,53970.783.98$37,151
Jun 202106,38569.493.38$21,585
May 20211866,62863.483.02$31,808
Apr 202106,23260.362.76$17,190
Mar 20211886,03161.302.72$27,910
Feb 202104,49257.805.55$24,921
Jan 202106,13550.412.81$17,241
Dec 202006,24444.642.68$16,706
Nov 20201876,25638.772.71$24,182
Oct 202006,64836.972.48$16,477
Sep 202006,30237.091.99$12,548
Aug 20201796,37539.982.39$22,361
Jul 202006,22238.371.83$11,356
Jun 202006,31134.901.69$10,668
May 202016,48516.921.81$11,786
Apr 20201176,40714.751.80$13,286
Mar 202016,70330.341.86$12,473
Feb 2020386,46149.881.98$14,693
Jan 2020797,44457.252.09$20,116
Dec 20191006,98059.012.30$21,985
Nov 201976,31855.302.75$17,766
Oct 20191412,08953.472.42$12,592
Sep 201904,47455.052.66$11,889
Aug 20191854,88253.112.30$21,075
Jul 201905,94656.272.46$14,628
Jun 201906,17752.782.49$15,388
May 201906,12758.482.74$16,790
Apr 20191777,12662.632.75$30,687
Mar 201906,86956.803.06$21,034
Feb 20191856,88150.852.79$28,621
Jan 201907,23246.033.23$23,346
Dec 20181877,15646.594.19$38,663
Nov 20181677,18552.934.24$39,284
Oct 201807,62461.443.40$25,907
Sep 201807,23859.543.11$22,496
Aug 201827,56259.403.07$23,308
Jul 20181927,12965.142.93$33,408
Jun 20181827,54560.183.08$34,168
May 201808,30165.382.90$24,080
Apr 201807,66263.842.90$22,226
Mar 20181666,89861.222.79$29,386
Feb 201805,59661.782.77$15,479
Jan 201804,17662.874.01$16,743
Dec 20171665,46757.272.92$25,479
Nov 201707,87155.423.12$24,545
Oct 20171768,46449.292.98$33,929
Sep 201708,11147.523.09$25,041
Aug 20171658,23245.373.00$32,218
Jul 20171788,57543.873.09$34,282
Jun 201708,36842.493.09$25,834
May 20171778,61745.373.26$36,151
Apr 201718810,08247.933.21$41,390
Mar 201708,78146.772.98$26,200
Feb 20171748,21850.452.95$33,043
Jan 201708,46149.413.42$28,926
Dec 20161778,67048.763.72$40,907
Nov 20161848,45442.492.64$30,173
Oct 201608,76146.193.09$27,074
Sep 20161708,64041.553.10$33,853
Aug 201608,00441.442.92$23,406
Jul 20161728,24241.622.92$31,261
Jun 20161828,14145.352.69$30,119
May 201604,64842.521.99$9,254
Apr 2016068836.561.99$1,370
Mar 201601,67733.011.79$3,009
Feb 20161835,61026.472.06$16,421
Jan 201603,59427.352.36$8,498
Dec 201502,49532.362.00$4,994
Nov 20151651,61838.792.17$9,907
Oct 201502,45743.552.43$5,962
Sep 201502,03442.992.76$5,611
Aug 201502,88540.162.87$8,287
Jul 20151606,23348.152.95$26,061
Jun 201518110,82756.152.88$41,376
May 2015011,19855.212.96$33,095
Apr 201518011,54449.822.71$40,212
Mar 201536916,35142.892.93$63,812
Feb 201518313,32344.662.98$47,825
Jan 20151738,75043.433.10$34,644
Dec 201418910,62754.693.59$48,502
Nov 201405,54170.464.25$23,559
Oct 20141591,19078.303.90$17,092
Sep 201405,29186.164.05$21,404
Aug 20141819,23889.394.04$53,456
Jul 2014411,77996.564.18$49,618
Jun 20142636,61298.164.74$57,136
May 201418911,75594.734.73$73,465
Apr 201417311,33795.944.81$71,119
Mar 201406,08495.895.06$30,766
Feb 20141822,49997.406.19$33,201
Jan 201407,62990.404.86$37,082
Dec 201337210,61791.824.35$80,389
Nov 201318210,59988.853.74$55,793
Oct 201319013,27397.423.78$68,673
Sep 201318411,734104.113.72$62,780
Aug 20131748,397104.253.52$47,719
Jul 201336213,970102.523.72$89,049
Jun 201318810,45094.403.93$58,851
May 201318713,47494.834.15$73,638
Apr 201337815,19693.964.28$100,595
Mar 201338014,84193.623.91$93,647
Feb 201318713,56891.233.42$63,461
Jan 201337115,87491.603.42$88,271
Dec 201219215,22786.773.42$68,739
Nov 201237316,49286.953.62$92,215
Oct 201237917,21089.383.40$92,384
Sep 201236717,45194.672.92$85,673
Aug 201235919,01892.662.91$88,572
Jul 201236220,50785.133.02$92,765
Jun 201237720,82879.822.52$82,559
May 201257019,52791.612.49$100,807
Apr 201237116,776101.652.00$71,210
Mar 201256119,295105.052.22$101,808
Feb 201257917,749101.102.57$104,156
Jan 201256420,88398.092.73$112,419
Dec 201156423,24296.873.24$129,933
Nov 201175621,38295.723.31$143,166
Oct 201156320,79684.983.65$123,719
Sep 201193522,87483.623.99$169,356
Aug 20111,11628,23583.404.15$210,230
Jul 201193226,17394.144.52$205,968
Jun 20111,09827,64292.904.64$230,260
May 20111,65933,29898.134.40$309,469
Apr 20112,00940,023105.964.33$386,305
Mar 20112,02527,23196.364.06$305,614
Feb 201171311,34185.644.18$108,466

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            66 bbl  × $106.41 =     $7,023
Gas                4,494 Mcf  × $  3.05 =    $13,688

────────────────────────────────────────────────────
Month total                                  $20,711

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/261424 is the state's own key, not one this site invented.