SMELLEY, PEARL

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 263480District 09Field 65280200CondensateGasSaveExport
Value, all time
$4.2 M
Nov 2011 – May 2026
Value, last 12 filed months
$153 k
at the published price for each month
Months reported
175
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

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
CondensateDisposition45 bbl$2,778
GasProduction1,275,902 Mcf$4,203,809
Total$4,206,587

Every month this lease reported (175)

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

175 months

May 202603,711106.413.05$11,303
Apr 202603,76498.932.87$10,802
Mar 202604,17789.753.15$13,155
Feb 202603,58363.503.75$13,437
Jan 202603,42259.138.00$27,369
Dec 202503,79956.664.41$16,766
Nov 202503,38658.593.93$13,295
Oct 202502,94359.383.30$9,726
Sep 202503,24762.743.08$9,991
Aug 202502,99063.933.01$9,014
Jul 202502,48666.743.32$8,242
Jun 202503,27266.483.13$10,237
May 202503,26560.553.23$10,554
Apr 202503,23962.363.54$11,476
Mar 202503,41067.704.27$14,555
Feb 202503,89970.884.34$16,925
Jan 202504,56374.324.28$19,524
Dec 202403,88568.993.12$12,127
Nov 202404,31169.052.20$9,477
Oct 202404,35771.372.28$9,940
Sep 202404,06169.612.36$9,602
Aug 202404,29475.632.06$8,861
Jul 202404,43679.932.15$9,522
Jun 202403,67578.082.63$9,680
May 202402,58278.812.20$5,676
Apr 202403,33384.451.66$5,530
Mar 202402,35280.301.55$3,634
Feb 202402,36076.091.78$4,209
Jan 202404,46873.023.30$14,734
Dec 202304,09571.262.61$10,691
Nov 202304,71077.892.81$13,224
Oct 202305,26485.443.09$16,251
Sep 202302,61989.042.74$7,163
Aug 202303,46480.522.67$9,259
Jul 202303,79874.852.64$10,034
Jun 202303,27168.962.26$7,387
May 202304,68970.622.23$10,444
Apr 202303,77178.122.24$8,439
Mar 202304,96372.852.39$11,877
Feb 202303,31875.112.47$8,181
Jan 202302,14876.533.39$7,277
Dec 202201,33576.415.73$7,648
Nov 202203,01285.005.65$17,006
Oct 202203,80587.185.86$22,312
Sep 202204,74584.888.16$38,737
Aug 202203,89394.529.13$35,532
Jul 202202,590101.587.54$19,534
Jun 202204,210115.097.98$33,584
May 202203,995109.378.43$33,690
Apr 202204,446104.226.84$30,400
Mar 202204,742108.885.08$24,072
Feb 202204,43991.054.86$21,568
Jan 202204,86481.844.54$22,071
Dec 202104,98371.323.90$19,429
Nov 202105,36177.435.24$28,075
Oct 202103,08879.795.71$17,644
Sep 202103,76569.865.35$20,146
Aug 202104,72866.024.22$19,955
Jul 202105,28870.783.98$21,057
Jun 202104,21169.493.38$14,236
May 202104,47563.483.02$13,504
Apr 202105,07760.362.76$14,005
Mar 202104,84061.302.72$13,150
Feb 202104,08357.805.55$22,652
Jan 202105,04550.412.81$14,178
Dec 202004,93144.642.68$13,193
Nov 202004,80538.772.71$13,005
Oct 202004,41436.972.48$10,940
Sep 202005,05637.091.99$10,067
Aug 202004,60939.982.39$10,993
Jul 202004,61438.371.83$8,421
Jun 202004,53634.901.69$7,667
May 202004,25116.921.81$7,715
Apr 202003,78814.751.80$6,835
Mar 202003,98730.341.86$7,401
Feb 202003,97649.881.98$7,875
Jan 202004,83757.252.09$10,132
Dec 201904,93559.012.30$11,372
Nov 201904,78455.302.75$13,159
Oct 201904,87353.472.42$11,786
Sep 201904,75055.052.66$12,622
Aug 201904,60953.112.30$10,621
Jul 201904,88556.272.46$12,017
Jun 201905,65452.782.49$14,085
May 201905,79758.482.74$15,886
Apr 201905,68162.632.75$15,627
Mar 201905,58756.803.06$17,108
Feb 201905,12050.852.79$14,296
Jan 201905,37546.033.23$17,351
Dec 201805,38146.594.19$22,522
Nov 201804,62352.934.24$19,589
Oct 201804,29961.443.40$14,608
Sep 201804,40659.543.11$13,694
Aug 201806,37559.403.07$19,549
Jul 201804,63265.142.93$13,580
Jun 201803,01760.183.08$9,283
May 201805,65665.382.90$16,407
Apr 201806,61863.842.90$19,197
Mar 2018310,21461.222.79$28,648
Feb 2018425,89161.782.77$18,890
Jan 201806,82162.874.01$27,348
Dec 201706,35657.272.92$18,569
Nov 201707,72655.423.12$24,092
Oct 201706,63749.292.98$19,803
Sep 201706,15847.523.09$19,011
Aug 201706,31845.373.00$18,982
Jul 201706,60743.873.09$20,398
Jun 201706,64342.493.09$20,509
May 201707,22045.373.26$23,562
Apr 201707,32047.933.21$23,509
Mar 201707,69646.772.98$22,962
Feb 201707,12850.452.95$21,046
Jan 201707,66849.413.42$26,215
Dec 201607,67348.763.72$28,565
Nov 201607,84242.492.64$20,737
Oct 201607,95446.193.09$24,580
Sep 201607,70741.553.10$23,897
Aug 201608,03141.442.92$23,485
Jul 201608,08341.622.92$23,637
Jun 201607,92745.352.69$21,291
May 201607,94942.521.99$15,827
Apr 201607,67436.561.99$15,279
Mar 201608,32133.011.79$14,928
Feb 201607,84326.472.06$16,185
Jan 201608,18927.352.36$19,362
Dec 201508,36932.362.00$16,750
Nov 201508,42838.792.17$18,266
Oct 201508,98243.552.43$21,796
Sep 201508,77142.992.76$24,194
Aug 201509,15240.162.87$26,289
Jul 201509,19348.152.95$27,074
Jun 201508,93556.152.88$25,758
May 201509,25255.212.96$27,344
Apr 201509,10249.822.71$24,635
Mar 201509,27442.892.93$27,217
Feb 201508,25344.662.98$24,563
Jan 201509,31243.433.10$28,873
Dec 201407,14454.693.59$25,657
Nov 201409,08370.464.25$38,619
Oct 201409,70478.303.90$37,855
Sep 201409,72986.164.05$39,358
Aug 2014010,07489.394.04$40,650
Jul 2014010,17396.564.18$42,519
Jun 201409,90398.164.74$46,909
May 2014010,31494.734.73$48,750
Apr 201409,77995.944.81$47,028
Mar 201409,41495.895.06$47,605
Feb 201409,72097.406.19$60,186
Jan 2014011,30190.404.86$54,931
Dec 2013011,38391.824.35$49,567
Nov 2013011,64488.853.74$43,529
Oct 2013012,51997.423.78$47,314
Sep 2013013,062104.113.72$48,561
Aug 2013013,069104.253.52$46,037
Jul 2013012,600102.523.72$46,844
Jun 2013012,28894.403.93$48,334
May 2013012,98494.834.15$53,872
Apr 2013012,95093.964.28$55,460
Mar 2013014,12893.623.91$55,281
Feb 2013012,42491.233.42$42,489
Jan 2013014,17091.603.42$48,460
Dec 2012015,36386.773.42$52,544
Nov 2012015,51486.953.62$56,238
Oct 2012016,92089.383.40$57,523
Sep 2012017,36394.672.92$50,672
Aug 2012018,33192.662.91$53,309
Jul 2012020,30685.133.02$61,340
Jun 2012014,97079.822.52$37,710
May 2012016,96191.612.49$42,204
Apr 2012020,965101.652.00$41,863
Mar 2012026,086105.052.22$57,965
Feb 2012026,727101.102.57$68,695
Jan 2012031,05198.092.73$84,896
Dec 2011037,03696.873.24$119,987
Nov 201108,87095.723.31$29,371

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                3,711 Mcf  × $  3.05 =    $11,303

────────────────────────────────────────────────────
Month total                                  $11,303

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/263480 is the state's own key, not one this site invented.