F. P. PARSONS FEDERAL UNIT

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 265941District 09Field 652802002 tax incentive programmesCondensateGasSaveExport
Value, all time
$10.0 M
Feb 2012 – May 2026
Value, last 12 filed months
$339 k
at the published price for each month
Months reported
172
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 Gas112013-04-19209599
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
CondensateDisposition24,033 bbl$2,117,695
GasProduction2,322,557 Mcf$7,867,034
Total$9,984,728

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 33.3746, -97.5983. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

33.37457, -97.59828 · 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
7,725 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 7,725 ft.

Completions filed
Feb 2012
1 of 1 wells

1 well

42-497372591H7,725 ftFeb 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 (172)

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

172 months

May 202608,694106.413.05$26,481
Apr 202606,31698.932.87$18,125
Mar 202604,39989.753.15$13,854
Feb 202606,64563.503.75$24,921
Jan 202607,01559.138.00$56,105
Dec 202507,76556.664.41$34,270
Nov 202507,48258.593.93$29,378
Oct 2025936,49859.383.30$26,997
Sep 202508,07262.743.08$24,837
Aug 202508,37863.933.01$25,258
Jul 2025798,19166.743.32$32,427
Jun 202508,30966.483.13$25,997
May 202506,23760.553.23$20,160
Apr 202507,18662.363.54$25,461
Mar 202508,12867.704.27$34,693
Feb 202507,21070.884.34$31,297
Jan 2025897,38374.324.28$38,204
Dec 202407,66968.993.12$23,938
Nov 202407,26569.052.20$15,972
Oct 2024907,94171.372.28$24,540
Sep 202407,32669.612.36$17,321
Aug 202408,16175.632.06$16,841
Jul 202408,17579.932.15$17,548
Jun 202408,04478.082.63$21,188
May 202407,64878.812.20$16,814
Apr 202407,82484.451.66$12,982
Mar 20241658,29380.301.55$26,063
Feb 202407,58476.091.78$13,527
Jan 2024848,61973.023.30$34,556
Dec 202308,33971.262.61$21,771
Nov 202308,93577.892.81$25,086
Oct 202309,26585.443.09$28,604
Sep 20231659,07889.042.74$39,520
Aug 202309,07880.522.67$24,264
Jul 202309,18174.852.64$24,254
Jun 202309,18268.962.26$20,737
May 2023010,04470.622.23$22,372
Apr 202309,37478.122.24$20,977
Mar 2023010,10172.852.39$24,173
Feb 202302,44975.112.47$6,038
Jan 202308,71776.533.39$29,531
Dec 20221637,68076.415.73$56,454
Nov 202209,38485.005.65$52,984
Oct 202209,90487.185.86$58,075
Sep 2022010,72584.888.16$87,555
Aug 2022011,52794.529.13$105,209
Jul 2022011,056101.587.54$83,385
Jun 202217611,505115.097.98$112,034
May 2022012,267109.378.43$103,448
Apr 2022011,814104.226.84$80,779
Mar 2022011,314108.885.08$57,434
Feb 202208,90391.054.86$43,258
Jan 2022013,93881.844.54$63,246
Dec 2021013,99571.323.90$54,568
Nov 2021012,44077.435.24$65,146
Oct 202117912,28279.795.71$84,460
Sep 2021012,27469.865.35$65,677
Aug 2021012,99666.024.22$54,851
Jul 2021013,18470.783.98$52,500
Jun 2021012,69869.493.38$42,927
May 2021014,34363.483.02$43,282
Apr 202118212,67560.362.76$45,948
Mar 2021011,34461.302.72$30,821
Feb 202106,88457.805.55$38,192
Jan 20210050.412.81$0
Dec 2020010,98644.642.68$29,393
Nov 202017810,18338.772.71$34,462
Oct 2020010,82036.972.48$26,817
Sep 2020010,52437.091.99$20,954
Aug 2020011,06539.982.39$26,391
Jul 2020011,53238.371.83$21,047
Jun 202017111,45934.901.69$25,337
May 2020011,80416.921.81$21,421
Apr 2020013,21414.751.80$23,843
Mar 2020011,42430.341.86$21,206
Feb 202017710,38349.881.98$29,394
Jan 202009,77357.252.09$20,472
Dec 201908,56459.012.30$19,735
Nov 201907,92755.302.75$21,805
Oct 201917310,05053.472.42$33,557
Sep 201909,90855.052.66$26,328
Aug 2019010,05753.112.30$23,175
Jul 2019010,20056.272.46$25,093
Jun 201908,93552.782.49$22,259
May 201917711,05958.482.74$40,656
Apr 2019010,95662.632.75$30,137
Mar 2019011,20356.803.06$34,305
Feb 2019010,26150.852.79$28,651
Jan 2019011,92346.033.23$38,490
Dec 201817411,81146.594.19$57,541
Nov 2018012,25852.934.24$51,940
Oct 2018012,73561.443.40$43,275
Sep 2018011,77559.543.11$36,597
Aug 201817512,10559.403.07$47,516
Jul 2018011,43265.142.93$33,517
Jun 2018011,73060.183.08$36,092
May 201818212,24665.382.90$47,422
Apr 2018010,92663.842.90$31,694
Mar 2018010,96161.222.79$30,547
Feb 2018010,90361.782.77$30,159
Jan 20181719,37162.874.01$48,322
Dec 2017012,83557.272.92$37,498
Nov 2017013,54455.423.12$42,235
Oct 2017014,07349.292.98$41,989
Sep 20171818,17947.523.09$33,852
Aug 2017011,74145.373.00$35,275
Jul 2017013,14643.873.09$40,585
Jun 2017011,53942.493.09$35,624
May 201717310,88645.373.26$43,374
Apr 201709,31647.933.21$29,919
Mar 201705,16546.772.98$15,411
Feb 201705,78550.452.95$17,081
Jan 2017113,68049.413.42$46,819
Dec 201611714,22148.763.72$58,647
Nov 2016014,93642.492.64$39,496
Oct 201617715,40646.193.09$55,784
Sep 2016016,09641.553.10$49,908
Aug 2016016,91041.442.92$49,451
Jul 2016016,43841.622.92$48,070
Jun 2016017,34445.352.69$46,583
May 201617718,26242.521.99$43,886
Apr 2016017,58136.561.99$35,004
Mar 2016018,37933.011.79$32,972
Feb 201617817,67926.472.06$41,195
Jan 2016018,89927.352.36$44,684
Dec 201517520,17232.362.00$46,035
Nov 2015021,28738.792.17$46,136
Oct 2015021,99443.552.43$53,370
Sep 201502,99942.992.76$8,273
Aug 20151708540.162.87$7,071
Jul 2015010,59448.152.95$31,200
Jun 2015019,54556.152.88$56,346
May 201517120,81655.212.96$70,962
Apr 2015020,65849.822.71$55,912
Mar 201517521,59042.892.93$70,866
Feb 2015020,21144.662.98$60,152
Jan 201518420,28243.433.10$70,878
Dec 2014021,18354.693.59$76,076
Nov 201418220,43170.464.25$99,693
Oct 2014018,34178.303.90$71,548
Sep 201417419,95686.164.05$95,723
Aug 2014020,82989.394.04$84,048
Jul 201417519,73296.564.18$99,370
Jun 201417019,89298.164.74$110,913
May 201417421,46294.734.73$117,924
Apr 2014021,16295.944.81$101,771
Mar 201418023,51295.895.06$136,156
Feb 201417817,61097.406.19$126,378
Jan 201417718,82490.404.86$107,499
Dec 2013018,42491.824.35$80,227
Nov 201317817,30588.853.74$80,506
Oct 201318020,73197.423.78$95,886
Sep 201318820,540104.113.72$95,935
Aug 201317821,627104.253.52$94,740
Jul 201317623,066102.523.72$103,797
Jun 201318922,43194.403.93$106,072
May 201335623,32694.834.15$130,541
Apr 201334321,96193.964.28$126,278
Mar 201335423,94793.623.91$126,843
Feb 201335520,15891.233.42$101,325
Jan 201318026,39891.603.42$106,767
Dec 201252827,53086.773.42$139,972
Nov 201235525,64386.953.62$123,822
Oct 201252031,82889.383.40$154,683
Sep 201252427,90994.672.92$131,057
Aug 201269530,88592.662.91$154,217
Jul 201286932,26685.133.02$171,447
Jun 20121,03735,36379.822.52$171,854
May 20121,38827,28491.612.49$195,046
Apr 20121,75125,936101.652.00$229,778
Mar 20123,19232,984105.052.22$408,613
Feb 20124,16510,013101.102.57$446,817

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                8,694 Mcf  × $  3.05 =    $26,481

────────────────────────────────────────────────────
Month total                                  $26,481

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/265941 is the state's own key, not one this site invented.