PITTS 'B'-CARAWAY (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 267537District 09Field 652802002 tax incentive programmesCondensateGasSaveExport
Value, all time
$10.3 M
Jul 2012 – May 2026
Value, last 12 filed months
$409 k
at the published price for each month
Months reported
167
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 Gas112013-05-21209943
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
CondensateDisposition40,372 bbl$3,071,722
GasProduction2,139,867 Mcf$7,187,487
Total$10,259,209

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 33.2356, -97.4270. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

33.23556, -97.42695 · 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
7,974 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 7,974 ft.

Completions filed
Jul 2012
1 of 1 wells

1 well

42-497374141H7,974 ftJul 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 (167)

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

167 months

May 2026708,002106.413.05$31,822
Apr 2026937,57698.932.87$30,941
Mar 202607,84989.753.15$24,720
Feb 20261478,03263.503.75$39,457
Jan 202609,08059.138.00$72,621
Dec 2025898,30056.664.41$41,674
Nov 202507,41558.593.93$29,115
Oct 202507,73259.383.30$25,553
Sep 2025677,58562.743.08$27,542
Aug 2025837,86563.933.01$29,017
Jul 202527,82966.743.32$26,088
Jun 2025987,68766.483.13$30,566
May 202508,13360.553.23$26,288
Apr 20251278,04062.363.54$36,406
Mar 20251538,15567.704.27$45,166
Feb 202506,42270.884.34$27,877
Jan 20251567,37274.324.28$43,136
Dec 202407,38168.993.12$23,039
Nov 20241527,02169.052.20$25,931
Oct 202407,34171.372.28$16,748
Sep 20241377,05269.612.36$26,210
Aug 202406,90475.632.06$14,247
Jul 20241848,16379.932.15$32,230
Jun 202408,03978.082.63$21,175
May 202407,69078.812.20$16,906
Apr 2024517,80284.451.66$17,252
Mar 20241938,18480.301.55$28,143
Feb 202407,43976.091.78$13,269
Jan 202407,97673.023.30$26,302
Dec 202307,99471.262.61$20,870
Nov 20231887,82577.892.81$36,612
Oct 202308,09185.443.09$24,979
Sep 20231827,88589.042.74$37,771
Aug 202308,33980.522.67$22,289
Jul 202308,54374.852.64$22,569
Jun 20231808,16768.962.26$30,858
May 20231817,56770.622.23$29,637
Apr 202307,56978.122.24$16,938
Mar 20231757,99172.852.39$31,872
Feb 202307,27175.112.47$17,928
Jan 202307,82176.533.39$26,495
Dec 20221808,28476.415.73$61,214
Nov 202208,62585.005.65$48,698
Oct 20221828,63887.185.86$66,518
Sep 202206,98184.888.16$56,991
Aug 20221787,20494.529.13$82,577
Jul 202208,186101.587.54$61,739
Jun 202207,694115.097.98$61,377
May 202208,092109.378.43$68,240
Apr 202207,616104.226.84$52,075
Mar 20221817,737108.885.08$58,983
Feb 202207,11791.054.86$34,580
Jan 20221847,82981.844.54$50,584
Dec 202107,65571.323.90$29,848
Nov 20211827,53877.435.24$53,568
Oct 202107,81079.795.71$44,625
Sep 20211797,62069.865.35$53,279
Aug 202107,98466.024.22$33,697
Jul 20211797,82570.783.98$43,829
Jun 202107,61769.493.38$25,750
May 20211807,81463.483.02$35,006
Apr 20211817,69560.362.76$32,151
Mar 202108,18561.302.72$22,238
Feb 20211827,76657.805.55$53,605
Jan 20211838,41550.412.81$32,873
Dec 202008,69044.642.68$23,250
Nov 20201838,40838.772.71$29,852
Oct 20201788,70636.972.48$28,158
Sep 202008,39037.091.99$16,705
Aug 20201799,02439.982.39$28,680
Jul 202008,94038.371.83$16,317
Jun 202008,91734.901.69$15,072
May 20201809,23616.921.81$19,807
Apr 20201809,26314.751.80$19,369
Mar 202009,72930.341.86$18,059
Feb 20201809,23049.881.98$27,260
Jan 202017410,00857.252.09$30,926
Dec 201918010,04659.012.30$33,771
Nov 201909,67855.302.75$26,621
Oct 201918510,11153.472.42$34,346
Sep 201909,90755.052.66$26,326
Aug 201917310,18653.112.30$32,660
Jul 2019010,34956.272.46$25,459
Jun 201917610,19252.782.49$34,680
May 201916310,54558.482.74$38,429
Apr 201918210,28862.632.75$39,698
Mar 201917910,68056.803.06$42,870
Feb 20191839,70650.852.79$36,407
Jan 2019010,80046.033.23$34,864
Dec 201819310,93446.594.19$54,755
Nov 201818710,65452.934.24$55,041
Oct 2018011,14761.443.40$37,878
Sep 201817810,80459.543.11$44,177
Aug 201817511,27059.403.07$44,955
Jul 2018011,16365.142.93$32,729
Jun 201818111,28360.183.08$45,609
May 2018511,70165.382.90$34,269
Apr 201819210,32063.842.90$42,194
Mar 201818511,38661.222.79$43,057
Feb 2018010,21961.782.77$28,267
Jan 201814311,49562.874.01$55,078
Dec 201717611,78957.272.92$44,521
Nov 201717911,44355.423.12$45,604
Oct 201717611,91149.292.98$44,214
Sep 2017011,79047.523.09$36,399
Aug 201717912,42445.373.00$45,448
Jul 201717712,47043.873.09$46,263
Jun 201718612,57742.493.09$46,732
May 201717213,02145.373.26$50,296
Apr 201717512,76447.933.21$49,381
Mar 201718212,65646.772.98$46,274
Feb 201717311,62150.452.95$43,040
Jan 201717913,05149.413.42$53,463
Dec 201612813,12548.763.72$55,103
Nov 201618113,14342.492.64$42,445
Oct 201618913,72246.193.09$51,134
Sep 201618013,53141.553.10$49,434
Aug 201617914,13241.442.92$48,745
Jul 201635214,55241.622.92$57,205
Jun 201617813,72845.352.69$44,943
May 201617714,25342.521.99$35,904
Apr 201617913,92836.561.99$34,275
Mar 201635714,54433.011.79$37,877
Feb 201616013,84426.472.06$32,804
Jan 201633614,62027.352.36$43,757
Dec 201518014,73632.362.00$35,318
Nov 201531114,45338.792.17$43,388
Oct 201532415,12943.552.43$50,822
Sep 201515114,93942.992.76$47,700
Aug 201525815,55840.162.87$55,051
Jul 201533615,58048.152.95$62,063
Jun 201527216,08156.152.88$61,632
May 201530216,50255.212.96$65,444
Apr 201535316,23049.822.71$61,514
Mar 201535116,83842.892.93$64,469
Feb 201518615,11244.662.98$53,283
Jan 201517717,07143.433.10$60,618
Dec 201436717,29954.693.59$82,198
Nov 201415616,92770.464.25$82,963
Oct 201433917,69078.303.90$95,552
Sep 201435117,08786.164.05$99,367
Aug 201433316,50889.394.04$96,379
Jul 201436116,05896.564.18$101,974
Jun 201417616,66298.164.74$96,202
May 201430317,43894.734.73$111,125
Apr 201404,62395.944.81$22,233
Mar 201428015,58695.895.06$105,664
Feb 201404,93197.406.19$30,533
Jan 2014097190.404.86$4,720
Dec 20136019191.824.35$6,341
Nov 201369120,87588.853.74$139,432
Oct 201380627,02897.423.78$180,669
Sep 201368026,240104.113.72$168,348
Aug 201373428,162104.253.52$175,723
Jul 201383729,222102.523.72$194,449
Jun 201386729,17794.403.93$196,610
May 20131,07331,69694.834.15$233,262
Apr 201390731,68393.964.28$220,907
Mar 20131,08634,16793.623.91$235,362
Feb 20131,06532,15791.233.42$207,134
Jan 20131,22636,74791.603.42$237,973
Dec 20121,40438,86486.773.42$254,746
Nov 20121,55840,04086.953.62$280,612
Oct 20121,53737,40589.383.40$264,542
Sep 20121,80445,20094.672.92$302,696
Aug 20122,27754,47092.662.91$369,394
Jul 20122,35061,43485.133.02$385,635

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            70 bbl  × $106.41 =     $7,449
Gas                8,002 Mcf  × $  3.05 =    $24,373

────────────────────────────────────────────────────
Month total                                  $31,822

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/267537 is the state's own key, not one this site invented.