R E PETTY UNIT

Operated by BKV NORTH TEXAS, LLC (P-5 100345) 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 263895District 09Field 652802002 tax incentive programmesCondensateGasSaveExport
Value, all time
$6.5 M
Jun 2011 – May 2026
Value, last 12 filed months
$185 k
at the published price for each month
Months reported
180
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 Gas112012-07-20204997
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
CondensateDisposition10,177 bbl$833,486
GasProduction1,736,138 Mcf$5,684,558
Total$6,518,044

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 33.2573, -97.7045. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

33.25726, -97.70450 · 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
6,975 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 6,975 ft.

Completions filed
Dec 2011
1 of 1 wells

1 well

42-497372533H6,975 ftDec 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 (180)

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

180 months

May 202664,073106.413.05$13,044
Apr 2026113,84298.932.87$12,114
Mar 202604,04789.753.15$12,746
Feb 202603,76663.503.75$14,124
Jan 202603,91359.138.00$31,296
Dec 202504,06256.664.41$17,927
Nov 2025273,73958.593.93$16,263
Oct 202563,95559.383.30$13,427
Sep 202503,81962.743.08$11,751
Aug 202504,56863.933.01$13,771
Jul 202504,47566.743.32$14,836
Jun 202504,42066.483.13$13,829
May 202504,42560.553.23$14,303
Apr 202523,80162.363.54$13,592
Mar 2025334,32267.704.27$20,682
Feb 202504,06170.884.34$17,628
Jan 202504,57274.324.28$19,562
Dec 202404,78368.993.12$14,930
Nov 202404,97769.052.20$10,942
Oct 202495,27671.372.28$12,679
Sep 2024244,83469.612.36$13,100
Aug 202483,95875.632.06$8,773
Jul 202404,51979.932.15$9,700
Jun 202404,06178.082.63$10,697
May 202404,62178.812.20$10,159
Apr 202404,66484.451.66$7,739
Mar 202414,68880.301.55$7,324
Feb 2024744,31776.091.78$13,331
Jan 202404,57273.023.30$15,077
Dec 202304,71871.262.61$12,317
Nov 202304,67177.892.81$13,114
Oct 202304,65985.443.09$14,384
Sep 2023944,83889.042.74$21,602
Aug 202305,05080.522.67$13,498
Jul 202304,76274.852.64$12,580
Jun 202304,75968.962.26$10,748
May 202305,05670.622.23$11,262
Apr 202304,83978.122.24$10,829
Mar 202305,06772.852.39$12,126
Feb 202304,58575.112.47$11,305
Jan 2023905,33876.533.39$24,971
Dec 202205,22476.415.73$29,929
Nov 202205,20685.005.65$29,394
Oct 202205,37887.185.86$31,535
Sep 202204,95084.888.16$40,410
Aug 202205,09194.529.13$46,466
Jul 2022735,053101.587.54$45,525
Jun 202205,058115.097.98$40,349
May 2022924,437109.378.43$47,479
Apr 202204,359104.226.84$29,805
Mar 2022924,971108.885.08$35,252
Feb 202203,84891.054.86$18,697
Jan 202205,43081.844.54$24,640
Dec 202105,95271.323.90$23,208
Nov 2021904,41077.435.24$30,063
Oct 202106,22679.795.71$35,575
Sep 202105,90769.865.35$31,608
Aug 202106,29366.024.22$26,560
Jul 202106,32870.783.98$25,199
Jun 202104,53669.493.38$15,334
May 2021375,35063.483.02$18,493
Apr 202105,74760.362.76$15,853
Mar 2021926,31761.302.72$22,803
Feb 202104,77157.805.55$26,469
Jan 202104,49250.412.81$12,624
Dec 2020936,39044.642.68$21,248
Nov 202006,15838.772.71$16,667
Oct 202006,34836.972.48$15,733
Sep 202005,96537.091.99$11,877
Aug 202006,48339.982.39$15,463
Jul 202006,60138.371.83$12,048
Jun 202007,04634.901.69$11,910
May 202006,89416.921.81$12,511
Apr 20201796,71614.751.80$14,758
Mar 2020746,70830.341.86$14,697
Feb 202006,24249.881.98$12,363
Jan 202007,35957.252.09$15,415
Dec 20191886,52159.012.30$26,121
Nov 20191828,02955.302.75$32,150
Oct 201907,34353.472.42$17,759
Sep 201907,35255.052.66$19,536
Aug 201906,72753.112.30$15,501
Jul 201906,71356.272.46$16,514
Jun 201906,81552.782.49$16,978
May 201907,30258.482.74$20,010
Apr 201907,28462.632.75$20,036
Mar 20191697,66656.803.06$33,073
Feb 20191856,72350.852.79$28,179
Jan 201907,87146.033.23$25,409
Dec 201807,89046.594.19$33,023
Nov 20181597,62952.934.24$40,742
Oct 201808,27861.443.40$28,129
Sep 201807,92959.543.11$24,643
Aug 201808,46759.403.07$25,965
Jul 20181188,12265.142.93$31,499
Jun 201808,31360.183.08$25,578
May 201807,63665.382.90$22,151
Apr 201807,12663.842.90$20,671
Mar 201808,13261.222.79$22,663
Feb 2018687,71961.782.77$25,553
Jan 20181178,55862.874.01$41,668
Dec 201708,50957.272.92$24,859
Nov 201708,56555.423.12$26,709
Oct 201708,94049.292.98$26,674
Sep 2017418,90947.523.09$29,453
Aug 201709,30745.373.00$27,962
Jul 2017399,39443.873.09$30,713
Jun 201709,21242.493.09$28,440
May 2017539,79745.373.26$34,376
Apr 201709,51847.933.21$30,568
Mar 20177710,05746.772.98$33,608
Feb 201709,21250.452.95$27,199
Jan 20179810,03449.413.42$39,146
Dec 20168510,07748.763.72$41,660
Nov 201609,85942.492.64$26,071
Oct 2016010,58546.193.09$32,710
Sep 20166610,33141.553.10$34,775
Aug 2016010,69741.442.92$31,282
Jul 2016010,79041.622.92$31,554
Jun 20166510,73645.352.69$31,783
May 2016011,31342.521.99$22,525
Apr 20165811,09036.561.99$24,201
Mar 20168012,04433.011.79$24,248
Feb 20166611,25026.472.06$24,963
Jan 20167212,03027.352.36$30,412
Dec 2015012,26332.362.00$24,543
Nov 20155112,04038.792.17$28,073
Oct 20156212,94843.552.43$34,119
Sep 2015012,61042.992.76$34,784
Aug 2015013,33940.162.87$38,316
Jul 2015013,86548.152.95$40,834
Jun 2015013,95956.152.88$40,242
May 20153314,99055.212.96$46,124
Apr 20156715,10149.822.71$44,210
Mar 20157516,33442.892.93$51,152
Feb 2015013,48744.662.98$40,140
Jan 20158515,02843.433.10$50,288
Dec 2014015,10854.693.59$54,258
Nov 20146515,07670.464.25$68,681
Oct 2014015,56678.303.90$60,722
Sep 2014015,92086.164.05$64,403
Aug 2014016,19189.394.04$65,333
Jul 2014017,11696.564.18$71,538
Jun 20149416,62298.164.74$87,963
May 2014017,45594.734.73$82,502
Apr 2014018,24895.944.81$87,757
Mar 2014019,70795.895.06$99,654
Feb 201410017,99197.406.19$121,140
Jan 201410519,39290.404.86$103,751
Dec 2013018,77691.824.35$81,760
Nov 201314616,09188.853.74$73,125
Oct 2013018,47497.423.78$69,820
Sep 201311816,736104.113.72$74,505
Aug 201305,603104.253.52$19,737
Jul 201301,413102.523.72$5,253
Jun 20130094.403.93$0
May 2013010,24294.834.15$42,495
Apr 2013292,45593.964.28$13,239
Mar 20130093.623.91$0
Feb 2013025,27591.233.42$86,438
Jan 201319539,08691.603.42$151,533
Dec 201219338,50086.773.42$148,423
Nov 201219531,16586.953.62$129,927
Oct 2012031,89589.383.40$108,433
Sep 201219431,19594.672.92$109,405
Aug 201238431,80392.662.91$128,070
Jul 201219229,74985.133.02$106,211
Jun 201231431,53579.822.52$104,501
May 201238932,33791.612.49$116,101
Apr 201258538,731101.652.00$136,803
Mar 201271240,418105.052.22$164,608
Feb 201273230,997101.102.57$153,675
Jan 20121,47923,58198.092.73$209,547
Dec 20113907,60896.873.24$62,427
Nov 20110095.723.31$0
Oct 20110084.983.65$0
Sep 20110083.623.99$0
Aug 20110083.404.15$0
Jul 20110094.144.52$0
Jun 20110092.904.64$0

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             6 bbl  × $106.41 =       $638
Gas                4,073 Mcf  × $  3.05 =    $12,406

────────────────────────────────────────────────────
Month total                                  $13,044

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/263895 is the state's own key, not one this site invented.