PORTER-NICHOLSON (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 263940District 09Field 652802002 tax incentive programmesGasSaveExport
Value, all time
$11.7 M
Jan 2012 – May 2026
Value, last 12 filed months
$599 k
at the published price for each month
Months reported
173
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 Gas112012-07-27206580
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
GasProduction3,454,221 Mcf$11,667,084
Total$11,667,084

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 33.1904, -97.2718. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

33.19044, -97.27177 · 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
8,450 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 8,450 ft.

Completions filed
Jan 2022
1 of 1 wells

1 well

42-121341804H8,450 ftJan 2022

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 (173)

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

173 months

May 202613,021106.413.05$39,660
Apr 202613,12298.932.87$37,656
Mar 202613,66489.753.15$43,034
Feb 202612,66163.503.75$47,483
Jan 202612,04259.138.00$96,311
Dec 202513,83456.664.41$61,054
Nov 202513,43558.593.93$52,752
Oct 202513,54159.383.30$44,751
Sep 202513,08562.743.08$40,262
Aug 202514,50263.933.01$43,720
Jul 202514,53766.743.32$48,193
Jun 202514,15366.483.13$44,281
May 202514,74660.553.23$47,664
Apr 202514,70362.363.54$52,094
Mar 202515,30767.704.27$65,335
Feb 202513,65170.884.34$59,257
Jan 202515,53274.324.28$66,456
Dec 202415,62868.993.12$48,781
Nov 202414,45069.052.20$31,767
Oct 202415,18571.372.28$34,643
Sep 202414,73469.612.36$34,836
Aug 202415,58575.632.06$32,162
Jul 202415,71079.932.15$33,723
Jun 202415,40878.082.63$40,584
May 202415,93278.812.20$35,026
Apr 202415,51584.451.66$25,742
Mar 202416,11780.301.55$24,903
Feb 202414,99776.091.78$26,749
Jan 202416,25173.023.30$53,590
Dec 202316,27771.262.61$42,495
Nov 202315,84677.892.81$44,489
Oct 202316,50585.443.09$50,956
Sep 202316,07889.042.74$43,974
Aug 202315,41580.522.67$41,202
Jul 202315,65274.852.64$41,349
Jun 202315,29868.962.26$34,550
May 202316,21170.622.23$36,108
Apr 202316,49278.122.24$36,905
Mar 202315,67172.852.39$37,503
Feb 202314,66075.112.47$36,147
Jan 202317,73676.533.39$60,085
Dec 202218,51076.415.73$106,045
Nov 202217,60385.005.65$99,390
Oct 202218,94187.185.86$111,065
Sep 202218,56084.888.16$151,518
Aug 202218,07894.529.13$165,001
Jul 202221,237101.587.54$160,171
Jun 202213,400115.097.98$106,894
May 202220,528109.378.43$173,113
Apr 202221,642104.226.84$147,979
Mar 202223,813108.885.08$120,884
Feb 202223,28991.054.86$113,158
Jan 202211,69081.844.54$53,045
Dec 202114,42271.323.90$56,233
Nov 202114,15277.435.24$74,112
Oct 202114,76779.795.71$84,377
Sep 202114,08269.865.35$75,352
Aug 202114,62166.024.22$61,709
Jul 202114,64170.783.98$58,302
Jun 202114,23869.493.38$48,133
May 202114,36363.483.02$43,343
Apr 202114,05060.362.76$38,756
Mar 202114,45661.302.72$39,276
Feb 20219,93957.805.55$55,141
Jan 202113,26550.412.81$37,278
Dec 202013,11944.642.68$35,099
Nov 202013,58938.772.71$36,780
Oct 202012,83136.972.48$31,801
Sep 202013,81337.091.99$27,502
Aug 202014,09239.982.39$33,611
Jul 202013,69238.371.83$24,990
Jun 202013,58534.901.69$22,963
May 202014,21716.921.81$25,800
Apr 202013,99214.751.80$25,247
Mar 202014,64930.341.86$27,192
Feb 202013,56049.881.98$26,858
Jan 202014,46957.252.09$30,309
Dec 201914,51259.012.30$33,441
Nov 201914,01355.302.75$38,546
Oct 201914,63653.472.42$35,398
Sep 201913,88855.052.66$36,904
Aug 201914,68553.112.30$33,840
Jul 201914,44956.272.46$35,545
Jun 201913,98552.782.49$34,839
May 201914,49058.482.74$39,707
Apr 201914,07262.632.75$38,708
Mar 201914,22156.803.06$43,546
Feb 201912,92450.852.79$36,087
Jan 201914,21846.033.23$45,898
Dec 201814,79646.594.19$61,928
Nov 201813,78352.934.24$58,402
Oct 201814,60261.443.40$49,619
Sep 201814,23859.543.11$44,252
Aug 201814,62659.403.07$44,852
Jul 201814,68665.142.93$43,058
Jun 201814,50660.183.08$44,634
May 201815,23265.382.90$44,185
Apr 201814,77563.842.90$42,859
Mar 201815,71561.222.79$43,795
Feb 201814,25061.782.77$39,417
Jan 201815,80362.874.01$63,359
Dec 201716,10657.272.92$47,054
Nov 201715,81155.423.12$49,304
Oct 201716,40849.292.98$48,956
Sep 201716,11947.523.09$49,764
Aug 201716,71545.373.00$50,219
Jul 201716,59643.873.09$51,237
Jun 201716,45742.493.09$50,807
May 201717,68845.373.26$57,723
Apr 201717,45647.933.21$56,062
Mar 201716,27146.772.98$48,547
Feb 201714,92850.452.95$44,076
Jan 201716,52349.413.42$56,489
Dec 201616,76348.763.72$62,406
Nov 201616,33442.492.64$43,193
Oct 201616,51146.193.09$51,023
Sep 201616,44941.553.10$51,002
Aug 201616,83941.442.92$49,243
Jul 201616,54341.622.92$48,377
Jun 201616,40745.352.69$44,066
May 201618,29042.521.99$36,416
Apr 201617,69236.561.99$35,225
Mar 201618,63733.011.79$33,435
Feb 201618,65826.472.06$38,503
Jan 201618,68827.352.36$44,185
Dec 201518,23632.362.00$36,498
Nov 201518,82338.792.17$40,796
Oct 201518,91743.552.43$45,904
Sep 201518,09942.992.76$49,925
Aug 201520,33440.162.87$58,409
Jul 201518,67748.152.95$55,005
Jun 201520,45456.152.88$58,966
May 201522,01555.212.96$65,064
Apr 201522,24249.822.71$60,200
Mar 201525,81742.892.93$75,765
Feb 20155,76544.662.98$17,158
Jan 201511,24743.433.10$34,873
Dec 201422,94154.693.59$82,389
Nov 201422,74970.464.25$96,725
Oct 201424,21778.303.90$94,470
Sep 201424,22886.164.05$98,013
Aug 201425,51789.394.04$102,964
Jul 201426,24196.564.18$109,677
Jun 201425,51898.164.74$120,876
May 201426,60594.734.73$125,750
Apr 201426,12895.944.81$125,653
Mar 201428,29495.895.06$143,077
Feb 201424,04197.406.19$148,862
Jan 201425,69290.404.86$124,882
Dec 201328,59091.824.35$124,495
Nov 201329,09088.853.74$108,747
Oct 201331,14697.423.78$117,712
Sep 201329,794104.113.72$110,766
Aug 201329,173104.253.52$102,765
Jul 201330,981102.523.72$115,179
Jun 201330,50694.403.93$119,993
May 201331,47594.834.15$130,592
Apr 201332,31193.964.28$138,375
Mar 201334,60493.623.91$135,401
Feb 201332,00891.233.42$109,464
Jan 201336,78991.603.42$125,815
Dec 201237,27586.773.42$127,486
Nov 201238,23886.953.62$138,611
Oct 201240,45089.383.40$137,517
Sep 201241,29094.672.92$120,501
Aug 201245,11092.662.91$131,187
Jul 201248,81985.133.02$147,472
Jun 201248,96179.822.52$123,335
May 201253,97091.612.49$134,295
Apr 201257,903101.652.00$115,621
Mar 201265,569105.052.22$145,700
Feb 201260,067101.102.57$154,387
Jan 201292,52798.092.73$252,976

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               13,021 Mcf  × $  3.05 =    $39,660

────────────────────────────────────────────────────
Month total                                  $39,660

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/263940 is the state's own key, not one this site invented.