PETERSON-SPAIN 'B' (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 268171District 09Field 652802002 tax incentive programmesGasSaveExport
Value, all time
$9.6 M
Sep 2012 – May 2026
Value, last 12 filed months
$424 k
at the published price for each month
Months reported
165
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 Gas112014-10-16214377
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
GasProduction2,788,727 Mcf$9,622,685
Total$9,622,685

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 33.0703, -97.4377. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

33.07026, -97.43772 · 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
7,718 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 7,718 ft.

Completions filed
Sep 2012
1 of 1 wells

1 well

42-497374201H7,718 ftSep 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 (165)

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

165 months

May 20269,681106.413.05$29,487
Apr 20269,43798.932.87$27,082
Mar 20269,98889.753.15$31,457
Feb 20269,16663.503.75$34,375
Jan 20269,50059.138.00$75,980
Dec 20259,35156.664.41$41,269
Nov 20259,38958.593.93$36,865
Oct 20257,01259.383.30$23,174
Sep 20259,69662.743.08$29,834
Aug 202510,17963.933.01$30,687
Jul 20259,99866.743.32$33,145
Jun 20259,93066.483.13$31,068
May 202510,66260.553.23$34,463
Apr 202510,42362.363.54$36,930
Mar 20258,35767.704.27$35,670
Feb 20258,53870.884.34$37,062
Jan 202511,03974.324.28$47,232
Dec 202410,70768.993.12$33,421
Nov 202410,70769.052.20$23,539
Oct 202411,18671.372.28$25,520
Sep 202410,97069.612.36$25,937
Aug 202411,30275.632.06$23,323
Jul 202411,46779.932.15$24,615
Jun 202411,33878.082.63$29,864
May 202411,76778.812.20$25,869
Apr 202410,31484.451.66$17,113
Mar 202411,27980.301.55$17,428
Feb 202410,34576.091.78$18,452
Jan 202411,57173.023.30$38,157
Dec 202311,63271.262.61$30,368
Nov 202311,27077.892.81$31,641
Oct 202311,72785.443.09$36,205
Sep 202311,59489.042.74$31,710
Aug 202312,09580.522.67$32,328
Jul 202312,19774.852.64$32,222
Jun 202311,73468.962.26$26,501
May 202312,51370.622.23$27,871
Apr 202311,67478.122.24$26,124
Mar 202311,19372.852.39$26,787
Feb 202311,22375.112.47$27,672
Jan 202312,37076.533.39$41,906
Dec 202212,38476.415.73$70,949
Nov 202212,19585.005.65$68,855
Oct 202212,74487.185.86$74,728
Sep 202212,36184.888.16$100,911
Aug 202212,18094.529.13$111,169
Jul 202212,641101.587.54$95,339
Jun 202211,956115.097.98$95,375
May 202212,846109.378.43$108,331
Apr 202212,736104.226.84$87,084
Mar 202213,426108.885.08$68,156
Feb 202212,17791.054.86$59,166
Jan 202213,62281.844.54$61,812
Dec 202113,90571.323.90$54,217
Nov 202113,53777.435.24$70,891
Oct 202114,05879.795.71$80,326
Sep 202113,79169.865.35$73,795
Aug 202114,48766.024.22$61,144
Jul 202114,73370.783.98$58,668
Jun 202114,14369.493.38$47,812
May 202115,22963.483.02$45,956
Apr 202115,33860.362.76$42,309
Mar 202115,78161.302.72$42,876
Feb 202114,86657.805.55$82,476
Jan 202111,43950.412.81$32,147
Dec 202013,83844.642.68$37,023
Nov 202013,34238.772.71$36,111
Oct 202013,66536.972.48$33,868
Sep 202013,01437.091.99$25,911
Aug 202013,87839.982.39$33,100
Jul 202014,04038.371.83$25,625
Jun 202013,51834.901.69$22,850
May 202014,03316.921.81$25,466
Apr 202013,82914.751.80$24,953
Mar 202014,37130.341.86$26,676
Feb 202012,88549.881.98$25,521
Jan 202013,60657.252.09$28,501
Dec 201914,48959.012.30$33,388
Nov 201913,98855.302.75$38,477
Oct 201914,63253.472.42$35,388
Sep 201914,25955.052.66$37,890
Aug 201914,78053.112.30$34,058
Jul 201914,81156.272.46$36,436
Jun 201914,35452.782.49$35,759
May 201915,14058.482.74$41,488
Apr 201914,68962.632.75$40,405
Mar 201915,44456.803.06$47,291
Feb 201914,12450.852.79$39,437
Jan 201915,75246.033.23$50,850
Dec 201816,03646.594.19$67,118
Nov 201815,42152.934.24$65,342
Oct 201816,08461.443.40$54,655
Sep 201815,57659.543.11$48,410
Aug 201816,26259.403.07$49,868
Jul 201816,37565.142.93$48,010
Jun 201816,03160.183.08$49,326
May 201816,88965.382.90$48,992
Apr 201816,28063.842.90$47,225
Mar 201817,29561.222.79$48,198
Feb 201815,58661.782.77$43,113
Jan 201816,90062.874.01$67,758
Dec 201717,78757.272.92$51,965
Nov 201717,33855.423.12$54,066
Oct 201717,78349.292.98$53,059
Sep 201717,52747.523.09$54,111
Aug 201718,21345.373.00$54,719
Jul 201718,10643.873.09$55,898
Jun 201718,08942.493.09$55,846
May 201718,33045.373.26$59,818
Apr 201717,26047.933.21$55,432
Mar 201717,83046.772.98$53,199
Feb 201717,07550.452.95$50,416
Jan 201718,79449.413.42$64,253
Dec 201620,19848.763.72$75,194
Nov 201620,48242.492.64$54,162
Oct 201620,98546.193.09$64,849
Sep 201614,13641.553.10$43,831
Aug 201616,90941.442.92$49,448
Jul 201618,75041.622.92$54,831
Jun 201617,49345.352.69$46,983
May 201617,23542.521.99$34,316
Apr 201616,94636.561.99$33,740
Mar 201617,96833.011.79$32,235
Feb 201618,44326.472.06$38,060
Jan 201621,33827.352.36$50,451
Dec 201518,99932.362.00$38,025
Nov 201519,41138.792.17$42,070
Oct 201522,92743.552.43$55,634
Sep 201521,65942.992.76$59,745
Aug 201521,43840.162.87$61,580
Jul 201521,84548.152.95$64,335
Jun 201520,99156.152.88$60,514
May 201522,06855.212.96$65,221
Apr 201522,06549.822.71$59,720
Mar 201522,34142.892.93$65,564
Feb 201519,88244.662.98$59,173
Jan 201516,26543.433.10$50,432
Dec 201423,07354.693.59$82,863
Nov 201421,79170.464.25$92,652
Oct 201424,79478.303.90$96,720
Sep 201423,94986.164.05$96,884
Aug 201422,42389.394.04$90,480
Jul 201424,61796.564.18$102,889
Jun 201426,97398.164.74$127,768
May 201427,46594.734.73$129,815
Apr 201425,43995.944.81$122,339
Mar 201426,19895.895.06$132,478
Feb 201424,34397.406.19$150,732
Jan 201426,43990.404.86$128,513
Dec 201327,65391.824.35$120,414
Nov 201327,54788.853.74$102,978
Oct 201328,22497.423.78$106,669
Sep 201329,093104.113.72$108,160
Aug 201330,416104.253.52$107,144
Jul 201330,021102.523.72$111,610
Jun 201329,09094.403.93$114,423
May 201330,38794.834.15$126,078
Apr 201331,51493.964.28$134,962
Mar 201335,89393.623.91$140,445
Feb 201331,65891.233.42$108,268
Jan 201339,59491.603.42$135,408
Dec 201242,24786.773.42$144,492
Nov 201246,91386.953.62$170,058
Oct 201250,23689.383.40$170,786
Sep 20121,51994.672.92$4,433

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                9,681 Mcf  × $  3.05 =    $29,487

────────────────────────────────────────────────────
Month total                                  $29,487

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/268171 is the state's own key, not one this site invented.