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 263896District 09Field 652802002 tax incentive programmesCondensateGasSaveExport
Value, all time
$2.8 M
Jun 2011 – May 2026
Value, last 12 filed months
$98 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 Gas112012-07-20206272
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
CondensateDisposition2,185 bbl$157,399
GasProduction851,532 Mcf$2,691,284
Total$2,848,683

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 33.2570, -97.6998. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

33.25702, -97.69982 · 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
6,973 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 6,973 ft.

Completions filed
Apr 2012
1 of 1 wells

1 well

42-497372555H6,973 ftApr 2012

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 202600106.413.05$0
Apr 2026342,60798.932.87$10,845
Mar 202602,23789.753.15$7,045
Feb 202612,41263.503.75$9,109
Jan 2026201,39259.138.00$12,316
Dec 2025768156.664.41$3,402
Nov 2025381,98758.593.93$10,028
Oct 2025998859.383.30$3,800
Sep 202502,84762.743.08$8,760
Aug 202503,51363.933.01$10,591
Jul 202503,23066.743.32$10,708
Jun 202503,67066.483.13$11,482
May 2025065560.553.23$2,117
Apr 2025059662.363.54$2,112
Mar 2025062767.704.27$2,676
Feb 2025055270.884.34$2,396
Jan 2025064274.324.28$2,747
Dec 202402,41868.993.12$7,547
Nov 202402,56269.052.20$5,632
Oct 202402,98171.372.28$6,801
Sep 2024061569.612.36$1,454
Aug 2024051975.632.06$1,071
Jul 202401,13379.932.15$2,432
Jun 202401,02278.082.63$2,692
May 202402,89778.812.20$6,369
Apr 202403,39584.451.66$5,633
Mar 202403,58080.301.55$5,532
Feb 202401,74676.091.78$3,114
Jan 202402,56673.023.30$8,462
Dec 202302,94271.262.61$7,681
Nov 202302,32377.892.81$6,522
Oct 2023145585.443.09$1,490
Sep 2023091389.042.74$2,497
Aug 202302,36880.522.67$6,329
Jul 2023311,93074.852.64$7,419
Jun 202302,65368.962.26$5,992
May 202301,73770.622.23$3,869
Apr 202302,63578.122.24$5,897
Mar 202303,20672.852.39$7,672
Feb 202323,16075.112.47$7,942
Jan 202303,17376.533.39$10,749
Dec 202202,92276.415.73$16,740
Nov 202202,95185.005.65$16,662
Oct 202201,65987.185.86$9,728
Sep 202201,66984.888.16$13,625
Aug 202202,47994.529.13$22,626
Jul 20221871,374101.587.54$29,358
Jun 202202,661115.097.98$21,227
May 202203,026109.378.43$25,518
Apr 202203,358104.226.84$22,961
Mar 20221662,228108.885.08$29,384
Feb 202202,27091.054.86$11,030
Jan 202202,85781.844.54$12,964
Dec 202104,00571.323.90$15,616
Nov 202101,26477.435.24$6,619
Oct 202101,82079.795.71$10,399
Sep 202103,72069.865.35$19,905
Aug 202104,89266.024.22$20,647
Jul 202102,79370.783.98$11,122
Jun 202103,39069.493.38$11,460
May 202102,06963.483.02$6,244
Apr 2021035060.362.76$965
Mar 2021061561.302.72$1,671
Feb 2021099457.805.55$5,515
Jan 202116637950.412.81$9,433
Dec 2020086844.642.68$2,322
Nov 202002,26238.772.71$6,122
Oct 202003,39736.972.48$8,419
Sep 202004,28837.091.99$8,538
Aug 202004,71939.982.39$11,255
Jul 202004,50938.371.83$8,229
Jun 202005,56234.901.69$9,402
May 202005,18116.921.81$9,402
Apr 202004,33614.751.80$7,824
Mar 202004,77730.341.86$8,867
Feb 202002,61649.881.98$5,181
Jan 20201721,06857.252.09$12,084
Dec 201902,45359.012.30$5,653
Nov 201904,87555.302.75$13,410
Oct 201904,17253.472.42$10,090
Sep 201903,93055.052.66$10,443
Aug 201903,84753.112.30$8,865
Jul 201904,34856.272.46$10,696
Jun 201904,23352.782.49$10,545
May 2019383,27858.482.74$11,205
Apr 201904,98062.632.75$13,698
Mar 20191543,66256.803.06$19,961
Feb 201903,94250.852.79$11,007
Jan 201904,37246.033.23$14,114
Dec 201804,54346.594.19$19,014
Nov 201804,42452.934.24$18,746
Oct 201804,84961.443.40$16,477
Sep 201804,79759.543.11$14,909
Aug 201804,30259.403.07$13,192
Jul 201804,70365.142.93$13,789
Jun 201805,03060.183.08$15,477
May 201804,73865.382.90$13,744
Apr 201804,50263.842.90$13,059
Mar 201805,64561.222.79$15,732
Feb 2018544,98961.782.77$17,136
Jan 201805,02462.874.01$20,143
Dec 201705,59057.272.92$16,331
Nov 201705,49155.423.12$17,123
Oct 201705,22849.292.98$15,599
Sep 201705,81147.523.09$17,940
Aug 201705,95245.373.00$17,882
Jul 201706,10643.873.09$18,851
Jun 201705,94042.493.09$18,338
May 2017686,39145.373.26$23,942
Apr 201706,28647.933.21$20,188
Mar 201706,70046.772.98$19,991
Feb 201706,33750.452.95$18,711
Jan 2017356,89249.413.42$25,292
Dec 2016437,01848.763.72$28,224
Nov 201606,87142.492.64$18,169
Oct 201607,48646.193.09$23,134
Sep 2016567,41841.553.10$25,327
Aug 201607,80041.442.92$22,810
Jul 201608,26041.622.92$24,155
Jun 201605,89545.352.69$15,833
May 201608,25242.521.99$16,430
Apr 201608,18436.561.99$16,295
Mar 201608,86033.011.79$15,895
Feb 201608,34926.472.06$17,229
Jan 2016618,97327.352.36$22,884
Dec 201509,25432.362.00$18,521
Nov 201509,24838.792.17$20,043
Oct 2015669,66543.552.43$26,327
Sep 201509,11442.992.76$25,140
Aug 2015010,76740.162.87$30,928
Jul 2015010,88848.152.95$32,066
Jun 2015010,18856.152.88$29,371
May 2015010,42855.212.96$30,819
Apr 20156412,40549.822.71$36,763
Mar 2015011,70142.892.93$34,339
Feb 2015267,29344.662.98$22,867
Jan 201504,66343.433.10$14,458
Dec 2014588,91154.693.59$35,175
Nov 2014465,78370.464.25$27,830
Oct 201409,26578.303.90$36,142
Sep 201408,70386.164.05$35,207
Aug 20142910,35189.394.04$44,360
Jul 201401,15996.564.18$4,844
Jun 2014847,31298.164.74$42,882
May 2014011,92994.734.73$56,383
Apr 2014013,16995.944.81$63,331
Mar 2014119,05795.895.06$96,463
Feb 20142730097.406.19$4,487
Jan 20140690.404.86$29
Dec 20130091.824.35$0
Nov 20130088.853.74$0
Oct 20130097.423.78$0
Sep 2013471104.113.72$4,897
Aug 201302,095104.253.52$7,380
Jul 201300102.523.72$0
Jun 20130094.403.93$0
May 201315194.834.15$1,427
Apr 20130093.964.28$0
Mar 20130093.623.91$0
Feb 20130091.233.42$0
Jan 201308691.603.42$294
Dec 2012014,29486.773.42$48,888
Nov 2012015,10986.953.62$54,770
Oct 201218821,24089.383.40$89,013
Sep 2012023,49394.672.92$68,562
Aug 2012026,69592.662.91$77,633
Jul 201219117,05685.133.02$67,783
Jun 2012025,65379.822.52$64,621
May 2012028,15291.612.49$70,051
Apr 2012013,477101.652.00$26,911
Mar 201200105.052.22$0
Feb 201200101.102.57$0
Jan 20120098.092.73$0
Dec 20110096.873.24$0
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.

Apr 2026 — as filed, then multipliedworked
Condensate            34 bbl  × $ 98.93 =     $3,364
Gas                2,607 Mcf  × $  2.87 =     $7,481

────────────────────────────────────────────────────
Month total                                  $10,845

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/263896 is the state's own key, not one this site invented.