NIVENS UNIT

Operated by BKV BARNETT II, LLC (P-5 103758) 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 266634District 09Field 652802002 tax incentive programmesCondensateGasSaveExport
Value, all time
$9.1 M
Nov 2012 – May 2026
Value, last 12 filed months
$233 k
at the published price for each month
Months reported
163
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 Gas112013-05-15209179
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
CondensateDisposition17,454 bbl$1,526,801
GasProduction2,200,080 Mcf$7,582,355
Total$9,109,156

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 33.4405, -97.7136. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

33.44049, -97.71356 · 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
6,977 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 6,977 ft.

Completions filed
Nov 2012
1 of 1 wells

1 well

42-497375401H6,977 ftNov 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 (163)

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

163 months

May 202601,543106.413.05$4,700
Apr 202602,86998.932.87$8,233
Mar 202604,47389.753.15$14,087
Feb 202604,92263.503.75$18,459
Jan 202605,16059.138.00$41,269
Dec 202505,01756.664.41$22,142
Nov 202505,72558.593.93$22,479
Oct 202505,76859.383.30$19,062
Sep 202555,69462.743.08$17,834
Aug 20251795,49763.933.01$28,016
Jul 202505,90866.743.32$19,586
Jun 202505,34266.483.13$16,714
May 202505,90560.553.23$19,087
Apr 202505,46462.363.54$19,360
Mar 202505,57667.704.27$23,800
Feb 202505,39470.884.34$23,414
Jan 202506,42074.324.28$27,469
Dec 202407,00268.993.12$21,856
Nov 202406,77169.052.20$14,886
Oct 202405,54471.372.28$12,648
Sep 202405,74569.612.36$13,583
Aug 202406,33475.632.06$13,071
Jul 202406,36079.932.15$13,652
Jun 202405,94778.082.63$15,664
May 202406,10378.812.20$13,417
Apr 202406,38584.451.66$10,594
Mar 202406,69480.301.55$10,343
Feb 202405,67776.091.78$10,126
Jan 202406,23273.023.30$20,551
Dec 202306,68471.262.61$17,450
Nov 202306,68877.892.81$18,777
Oct 202307,12885.443.09$22,006
Sep 202306,29389.042.74$17,212
Aug 202307,11580.522.67$19,018
Jul 202306,45074.852.64$17,040
Jun 202306,30368.962.26$14,235
May 202306,76870.622.23$15,075
Apr 202307,11778.122.24$15,926
Mar 202307,21972.852.39$17,276
Feb 202307,40075.112.47$18,246
Jan 202307,58476.533.39$25,692
Dec 202206,24776.415.73$35,790
Nov 202206,76585.005.65$38,197
Oct 202207,74687.185.86$45,421
Sep 202205,59584.888.16$45,676
Aug 202207,13694.529.13$65,131
Jul 202207,006101.587.54$52,840
Jun 202207,435115.097.98$59,310
May 202206,457109.378.43$54,452
Apr 202206,823104.226.84$46,653
Mar 202207,638108.885.08$38,774
Feb 202207,15691.054.86$34,770
Jan 202207,71981.844.54$35,026
Dec 20211287,90671.323.90$39,955
Nov 202107,71377.435.24$40,392
Oct 202107,99779.795.71$45,694
Sep 202107,25069.865.35$38,794
Aug 202108,06366.024.22$34,031
Jul 202108,21770.783.98$32,721
Jun 202107,91469.493.38$26,754
May 202108,46363.483.02$25,539
Apr 202108,21660.362.76$22,663
Mar 202108,65961.302.72$23,526
Feb 202107,96257.805.55$44,173
Jan 202108,59450.412.81$24,151
Dec 202008,65844.642.68$23,164
Nov 202008,65538.772.71$23,425
Oct 202009,17236.972.48$22,732
Sep 202008,87937.091.99$17,678
Aug 202009,31339.982.39$22,212
Jul 202009,37338.371.83$17,107
Jun 202009,25834.901.69$15,649
May 202009,88616.921.81$17,941
Apr 202009,82214.751.80$17,723
Mar 202008,54030.341.86$15,852
Feb 202008,35749.881.98$16,552
Jan 202009,61557.252.09$20,141
Dec 201909,55959.012.30$22,027
Nov 201909,14755.302.75$25,161
Oct 201909,75153.472.42$23,583
Sep 20191509,21855.052.66$32,752
Aug 201909,63453.112.30$22,200
Jul 201909,45156.272.46$23,250
Jun 201909,52052.782.49$23,716
May 201909,89058.482.74$27,102
Apr 201909,71762.632.75$26,729
Mar 2019011,02956.803.06$33,772
Feb 201909,81550.852.79$27,406
Jan 2019011,07146.033.23$35,739
Dec 2018011,35046.594.19$47,505
Nov 2018011,40752.934.24$48,334
Oct 201816611,94261.443.40$50,779
Sep 201817110,54759.543.11$42,961
Aug 2018011,43759.403.07$35,072
Jul 2018012,23565.142.93$35,872
Jun 2018012,55160.183.08$38,618
May 2018013,32265.382.90$38,644
Apr 2018011,97063.842.90$34,723
Mar 2018012,53561.222.79$34,933
Feb 2018012,20361.782.77$33,755
Jan 2018012,83162.874.01$51,444
Dec 2017012,32957.272.92$36,019
Nov 2017012,92655.423.12$40,308
Oct 2017012,31349.292.98$36,738
Sep 2017012,49747.523.09$38,582
Aug 2017012,99045.373.00$39,027
Jul 2017013,87043.873.09$42,821
Jun 2017013,67542.493.09$42,219
May 2017014,26645.373.26$46,556
Apr 2017014,21647.933.21$45,656
Mar 2017014,42546.772.98$43,040
Feb 2017013,27150.452.95$39,184
Jan 2017012,87349.413.42$44,010
Dec 2016012,93248.763.72$48,144
Nov 2016013,81342.492.64$36,526
Oct 2016015,30446.193.09$47,293
Sep 2016014,91941.553.10$46,258
Aug 2016014,65941.442.92$42,868
Jul 2016014,24941.622.92$41,669
Jun 2016015,44745.352.69$41,488
May 2016016,21742.521.99$32,289
Apr 2016016,74136.561.99$33,332
Mar 201617917,13633.011.79$36,651
Feb 2016015,77626.472.06$32,556
Jan 2016017,62527.352.36$41,672
Dec 2015017,66032.362.00$35,345
Nov 201517517,91838.792.17$45,622
Oct 2015015,92543.552.43$38,643
Sep 2015414,15342.992.76$39,212
Aug 2015215,03240.162.87$43,260
Jul 2015716,03348.152.95$47,556
Jun 2015416,35456.152.88$47,371
May 2015417,54955.212.96$52,086
Apr 2015318,33049.822.71$49,761
Mar 201518520,17342.892.93$67,137
Feb 2015318,38244.662.98$54,842
Jan 201517419,52643.433.10$68,100
Dec 2014120,53654.693.59$73,807
Nov 2014021,76470.464.25$92,537
Oct 201418021,70778.303.90$98,772
Sep 2014121,19386.164.05$85,821
Aug 201417822,95189.394.04$108,521
Jul 201417323,22296.564.18$113,764
Jun 2014123,74198.164.74$112,556
May 201419225,63194.734.73$139,335
Apr 201417621,31195.944.81$119,373
Mar 201417813,80695.895.06$86,883
Feb 20141914,18797.406.19$44,529
Jan 2014010,81690.404.86$52,574
Dec 201333641,41591.824.35$211,192
Nov 201335842,00488.853.74$188,831
Oct 201318844,63597.423.78$187,007
Sep 201335544,453104.113.72$202,224
Aug 201333647,156104.253.52$201,140
Jul 201353148,421102.523.72$234,455
Jun 201351348,66994.403.93$239,862
May 201370551,38894.834.15$280,068
Apr 201385550,21093.964.28$295,365
Mar 201389247,99993.623.91$271,323
Feb 20131,02441,25491.233.42$234,504
Jan 20131,55648,96491.603.42$309,982
Dec 20123,42256,49386.773.42$490,142
Nov 20123,5738,09386.953.62$340,009

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                1,543 Mcf  × $  3.05 =     $4,700

────────────────────────────────────────────────────
Month total                                   $4,700

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/266634 is the state's own key, not one this site invented.