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 263898District 09Field 652802002 tax incentive programmesCondensateGasSaveExport
Value, all time
$5.9 M
Jul 2011 – May 2026
Value, last 12 filed months
$227 k
at the published price for each month
Months reported
179
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 Gas112012-09-17207292
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
CondensateDisposition3,292 bbl$249,056
GasProduction1,673,345 Mcf$5,628,703
Total$5,877,759

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 33.2476, -97.6937. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

33.24760, -97.69374 · 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
7,036 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 7,036 ft.

Completions filed
Jan 2012
1 of 1 wells

1 well

42-497372588H7,036 ftJan 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 (179)

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

179 months

May 202605,939106.413.05$18,089
Apr 202605,80598.932.87$16,659
Mar 202605,95589.753.15$18,755
Feb 202604,83363.503.75$18,125
Jan 202604,83459.138.00$38,662
Dec 202504,40756.664.41$19,450
Nov 202504,48458.593.93$17,606
Oct 202505,04459.383.30$16,670
Sep 202504,89962.743.08$15,074
Aug 202505,35863.933.01$16,153
Jul 202505,38866.743.32$17,862
Jun 202504,53666.483.13$14,192
May 202505,61060.553.23$18,133
Apr 202505,04362.363.54$17,868
Mar 202505,33967.704.27$22,789
Feb 202504,29970.884.34$18,661
Jan 202505,42674.324.28$23,216
Dec 202405,53768.993.12$17,283
Nov 202405,55069.052.20$12,201
Oct 202406,13671.372.28$13,999
Sep 202405,42169.612.36$12,817
Aug 202404,76575.632.06$9,833
Jul 202403,79779.932.15$8,151
Jun 202404,03378.082.63$10,623
May 202404,21878.812.20$9,273
Apr 202404,37584.451.66$7,259
Mar 202405,36680.301.55$8,291
Feb 202405,26876.091.78$9,396
Jan 202405,47673.023.30$18,058
Dec 202305,81971.262.61$15,192
Nov 2023773,93277.892.81$17,037
Oct 202304,52485.443.09$13,967
Sep 202305,36389.042.74$14,668
Aug 202305,85080.522.67$15,636
Jul 202305,38174.852.64$14,216
Jun 202305,84568.962.26$13,201
May 202306,03170.622.23$13,433
Apr 202305,91078.122.24$13,225
Mar 202306,07772.852.39$14,543
Feb 202305,75975.112.47$14,200
Jan 202306,30176.533.39$21,346
Dec 202206,01176.415.73$34,438
Nov 202205,24085.005.65$29,586
Oct 202205,77087.185.86$33,834
Sep 202205,49084.888.16$44,819
Aug 202205,65694.529.13$51,623
Jul 2022195,789101.587.54$45,591
Jun 202205,263115.097.98$41,984
May 202205,550109.378.43$46,803
Apr 202205,611104.226.84$38,366
Mar 202205,875108.885.08$29,824
Feb 202204,44691.054.86$21,602
Jan 202205,60881.844.54$25,447
Dec 202106,70671.323.90$26,148
Nov 202106,82677.435.24$35,747
Oct 202105,10879.795.71$29,186
Sep 202105,49969.865.35$29,425
Aug 202106,77566.024.22$28,595
Jul 202107,33370.783.98$29,201
Jun 202106,10069.493.38$20,622
May 202105,93463.483.02$17,907
Apr 202106,11160.362.76$16,857
Mar 202106,62961.302.72$18,011
Feb 202104,83157.805.55$26,802
Jan 202106,18450.412.81$17,379
Dec 202006,44544.642.68$17,243
Nov 202006,06238.772.71$16,407
Oct 202006,19636.972.48$15,356
Sep 202005,95237.091.99$11,851
Aug 202006,44639.982.39$15,374
Jul 202006,75138.371.83$12,321
Jun 202007,86834.901.69$13,299
May 202007,09116.921.81$12,868
Apr 202007,01714.751.80$12,661
Mar 202006,82930.341.86$12,676
Feb 202005,50549.881.98$10,904
Jan 202007,41657.252.09$15,535
Dec 201907,70859.012.30$17,762
Nov 201908,93755.302.75$24,583
Oct 201907,53553.472.42$18,224
Sep 201907,51955.052.66$19,980
Aug 201907,75453.112.30$17,868
Jul 201908,07956.272.46$19,875
Jun 201906,85752.782.49$17,082
May 201907,64458.482.74$20,947
Apr 20191267,79162.632.75$29,322
Mar 201908,23156.803.06$25,204
Feb 201907,25350.852.79$20,252
Jan 201908,39346.033.23$27,094
Dec 201808,32346.594.19$34,835
Nov 201808,09952.934.24$34,317
Oct 201808,67561.443.40$29,478
Sep 201808,79959.543.11$27,347
Aug 201809,61859.403.07$29,494
Jul 20181189,38565.142.93$35,202
Jun 201809,20960.183.08$28,335
May 201809,61065.382.90$27,877
Apr 201808,95263.842.90$25,968
Mar 201809,20561.222.79$25,653
Feb 201808,63861.782.77$23,894
Jan 201809,50562.874.01$38,109
Dec 201709,18457.272.92$26,831
Nov 201708,90155.423.12$27,757
Oct 201709,23049.292.98$27,539
Sep 2017699,04347.523.09$31,197
Aug 201709,81545.373.00$29,488
Jul 2017010,14243.873.09$31,311
Jun 2017010,01042.493.09$30,904
May 2017010,60845.373.26$34,618
Apr 2017010,33447.933.21$33,189
Mar 2017010,49146.772.98$31,302
Feb 201707,97650.452.95$23,550
Jan 2017808,43149.413.42$32,777
Dec 201608,69248.763.72$32,359
Nov 201608,66642.492.64$22,916
Oct 201609,03646.193.09$27,924
Sep 201609,91441.553.10$30,740
Aug 2016010,25841.442.92$29,998
Jul 2016010,83941.622.92$31,697
Jun 2016010,93345.352.69$29,364
May 2016011,40842.521.99$22,714
Apr 20167111,50436.561.99$25,501
Mar 20164412,63833.011.79$24,125
Feb 2016011,28726.472.06$23,292
Jan 2016012,00527.352.36$28,384
Dec 2015012,13232.362.00$24,281
Nov 20157612,17338.792.17$29,331
Oct 2015013,11343.552.43$31,820
Sep 2015012,69642.992.76$35,021
Aug 20157413,82640.162.87$42,687
Jul 2015014,23348.152.95$41,917
Jun 2015013,82556.152.88$39,856
May 20159714,72155.212.96$48,863
Apr 20155115,50249.822.71$44,498
Mar 20155116,88242.892.93$51,731
Feb 201511215,04744.662.98$49,785
Jan 20155017,86243.433.10$57,555
Dec 201413617,86054.693.59$71,580
Nov 2014018,36770.464.25$78,094
Oct 20145719,43878.303.90$80,290
Sep 2014019,02586.164.05$76,965
Aug 20148420,66789.394.04$90,903
Jul 2014020,50296.564.18$85,690
Jun 2014021,16398.164.74$100,247
May 2014122,64794.734.73$107,137
Apr 2014022,94495.944.81$110,340
Mar 201412521,83895.895.06$122,417
Feb 2014019,20297.406.19$118,899
Jan 201411417,58090.404.86$95,757
Dec 2013014,02991.824.35$61,089
Nov 201313913,85088.853.74$64,125
Oct 2013013,57497.423.78$51,301
Sep 2013013,301104.113.72$49,450
Aug 201308,922104.253.52$31,429
Jul 2013088102.523.72$327
Jun 20130094.403.93$0
May 201317818,87094.834.15$95,173
Apr 201306,12693.964.28$26,235
Mar 20130093.623.91$0
Feb 2013021,12791.233.42$72,252
Jan 2013033,81291.603.42$115,634
Dec 201219834,24286.773.42$134,294
Nov 201219624,35286.953.62$105,317
Oct 2012023,53189.383.40$79,998
Sep 201219322,75294.672.92$84,671
Aug 2012023,50392.662.91$68,350
Jul 201219422,55485.133.02$84,646
Jun 201219223,23279.822.52$73,848
May 201218723,59391.612.49$75,838
Apr 201218321,710101.652.00$61,952
Mar 2012017,364105.052.22$38,584
Feb 201200101.102.57$0
Jan 201202,52498.092.73$6,901
Dec 2011012496.873.24$402
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

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                5,939 Mcf  × $  3.05 =    $18,089

────────────────────────────────────────────────────
Month total                                  $18,089

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/263898 is the state's own key, not one this site invented.