PENNINGTON-SANDERS (SA)

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 263692District 09Field 652802002 tax incentive programmesGasSaveExport
Value, all time
$9.5 M
Aug 2011 – May 2026
Value, last 12 filed months
$427 k
at the published price for each month
Months reported
178
no gaps in the span
Streams
1
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 Gas112012-07-10206550
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
GasProduction2,738,894 Mcf$9,497,553
Total$9,497,553

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 33.1196, -97.3240. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

33.11960, -97.32403 · 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
8,101 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 8,101 ft.

Completions filed
Apr 2021
1 of 1 wells

1 well

42-121341491H8,101 ftApr 2021

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 (178)

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

178 months

May 20269,244106.413.05$28,156
Apr 20269,07198.932.87$26,031
Mar 20269,64789.753.15$30,383
Feb 20268,81863.503.75$33,070
Jan 20269,57059.138.00$76,540
Dec 20259,71856.664.41$42,889
Nov 20259,47958.593.93$37,219
Oct 20259,66659.383.30$31,945
Sep 20259,33562.743.08$28,723
Aug 20259,46363.933.01$28,529
Jul 20259,84766.743.32$32,645
Jun 20259,73666.483.13$30,461
May 202510,38460.553.23$33,564
Apr 202510,10162.363.54$35,789
Mar 202510,75267.704.27$45,893
Feb 20259,70870.884.34$42,141
Jan 202510,89974.324.28$46,633
Dec 202411,36768.993.12$35,481
Nov 202410,42069.052.20$22,908
Oct 202411,46671.372.28$26,159
Sep 202410,36469.612.36$24,504
Aug 202410,70475.632.06$22,089
Jul 202410,89079.932.15$23,376
Jun 202410,43678.082.63$27,488
May 202411,11578.812.20$24,436
Apr 202410,99084.451.66$18,235
Mar 202411,52080.301.55$17,800
Feb 202410,89776.091.78$19,436
Jan 202411,66573.023.30$38,467
Dec 202311,86071.262.61$30,963
Nov 202312,20977.892.81$34,278
Oct 202312,47985.443.09$38,526
Sep 202311,19989.042.74$30,630
Aug 202311,63880.522.67$31,107
Jul 202312,39074.852.64$32,732
Jun 202312,98868.962.26$29,333
May 202313,74170.622.23$30,607
Apr 202311,85478.122.24$26,526
Mar 202312,42372.852.39$29,730
Feb 202312,87575.112.47$31,746
Jan 202314,99476.533.39$50,795
Dec 202213,90576.415.73$79,663
Nov 202213,03885.005.65$73,615
Oct 202213,41487.185.86$78,656
Sep 202213,06584.888.16$106,658
Aug 202212,10494.529.13$110,475
Jul 202214,134101.587.54$106,600
Jun 202216,262115.097.98$129,725
May 202216,218109.378.43$136,767
Apr 202214,994104.226.84$102,523
Mar 202217,393108.885.08$88,294
Feb 202216,88791.054.86$82,051
Jan 202216,95081.844.54$76,914
Dec 202116,76571.323.90$65,369
Nov 202118,85677.435.24$98,746
Oct 202121,34279.795.71$121,945
Sep 202121,78969.865.35$116,591
Aug 202123,83666.024.22$100,602
Jul 202125,12270.783.98$100,038
Jun 202125,40269.493.38$85,875
May 202130,28863.483.02$91,399
Apr 202123,86160.362.76$65,819
Mar 20211,09661.302.72$2,978
Feb 20217,18857.805.55$39,879
Jan 20218,55550.412.81$24,042
Dec 20209,24044.642.68$24,721
Nov 20209,39238.772.71$25,420
Oct 20209,51036.972.48$23,570
Sep 20209,61137.091.99$19,136
Aug 20209,83139.982.39$23,448
Jul 20209,18938.371.83$16,771
Jun 20209,45234.901.69$15,977
May 20209,30716.921.81$16,890
Apr 20208,37714.751.80$15,115
Mar 202010,07830.341.86$18,707
Feb 20208,85549.881.98$17,539
Jan 20208,92257.252.09$18,689
Dec 201910,82759.012.30$24,949
Nov 201910,91755.302.75$30,029
Oct 20199,60553.472.42$23,230
Sep 201910,18655.052.66$27,067
Aug 201910,90153.112.30$25,120
Jul 201910,24656.272.46$25,206
Jun 201910,20952.782.49$25,433
May 201910,18058.482.74$27,896
Apr 20199,68062.632.75$26,627
Mar 20199,69056.803.06$29,672
Feb 20199,51350.852.79$26,562
Jan 201911,10646.033.23$35,852
Dec 201810,57746.594.19$44,269
Nov 201810,46452.934.24$44,338
Oct 201810,67361.443.40$36,268
Sep 201811,78659.543.11$36,631
Aug 201810,89859.403.07$33,419
Jul 201811,59165.142.93$33,983
Jun 201811,67960.183.08$35,935
May 20189,98165.382.90$28,953
Apr 201810,67563.842.90$30,966
Mar 201810,07361.222.79$28,072
Feb 20189,84661.782.77$27,235
Jan 201810,07362.874.01$40,386
Dec 20179,96157.272.92$29,101
Nov 201710,60755.423.12$33,076
Oct 20178,96249.292.98$26,740
Sep 201710,93547.523.09$33,759
Aug 201710,32645.373.00$31,023
Jul 201711,05543.873.09$34,130
Jun 20179,97042.493.09$30,780
May 201711,29545.373.26$36,860
Apr 201711,06447.933.21$35,533
Mar 201711,37546.772.98$33,939
Feb 201710,01650.452.95$29,573
Jan 201711,81949.413.42$40,407
Dec 201611,97048.763.72$44,562
Nov 201611,77342.492.64$31,132
Oct 201610,67446.193.09$32,985
Sep 201612,17241.553.10$37,741
Aug 201612,64441.442.92$36,975
Jul 201611,15441.622.92$32,618
Jun 201611,72745.352.69$31,497
May 201612,93042.521.99$25,744
Apr 201612,70436.561.99$25,294
Mar 201613,27133.011.79$23,808
Feb 201612,09026.472.06$24,949
Jan 201613,20227.352.36$31,214
Dec 201513,01432.362.00$26,046
Nov 201512,90238.792.17$27,963
Oct 201513,15843.552.43$31,929
Sep 201512,61742.992.76$34,803
Aug 201512,94840.162.87$37,193
Jul 201512,91748.152.95$38,042
Jun 201513,75456.152.88$39,651
May 201514,19555.212.96$41,953
Apr 201514,09749.822.71$38,155
Mar 201514,12542.892.93$41,453
Feb 201513,20244.662.98$39,292
Jan 201514,40043.433.10$44,649
Dec 201414,38654.693.59$51,665
Nov 201414,78770.464.25$62,872
Oct 201415,53778.303.90$60,609
Sep 201415,05186.164.05$60,888
Aug 201416,46089.394.04$66,418
Jul 201416,40696.564.18$68,571
Jun 201416,33598.164.74$77,377
May 201416,46794.734.73$77,832
Apr 201416,77995.944.81$80,692
Mar 201418,18295.895.06$91,943
Feb 201416,73097.406.19$103,592
Jan 201418,82190.404.86$91,484
Dec 201318,79191.824.35$81,825
Nov 201318,40388.853.74$68,796
Oct 201319,14697.423.78$72,360
Sep 201318,906104.113.72$70,288
Aug 201320,074104.253.52$70,713
Jul 201320,898102.523.72$77,693
Jun 201320,63594.403.93$81,166
May 201322,91794.834.15$95,084
Apr 201321,38893.964.28$91,596
Mar 201320,06193.623.91$78,496
Feb 201319,10191.233.42$65,324
Jan 201324,84991.603.42$84,981
Dec 201221,33786.773.42$72,976
Nov 201224,10686.953.62$87,383
Oct 201225,42389.383.40$86,430
Sep 201226,05594.672.92$76,039
Aug 201227,77892.662.91$80,783
Jul 201229,87785.133.02$90,252
Jun 201230,61179.822.52$77,110
May 201233,56891.612.49$83,528
Apr 201233,634101.652.00$67,160
Mar 201235,264105.052.22$78,359
Feb 201236,565101.102.57$93,981
Jan 201242,31398.092.73$115,687
Dec 201146,58196.873.24$150,910
Nov 201151,12695.723.31$169,293
Oct 201162,14484.983.65$226,735
Sep 201179,05983.623.99$315,113
Aug 201143,79283.404.15$181,707

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
Gas                9,244 Mcf  × $  3.05 =    $28,156

────────────────────────────────────────────────────
Month total                                  $28,156

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/263692 is the state's own key, not one this site invented.