R E PETTY UNIT

Operated by BKV NORTH TEXAS, LLC (P-5 100345) 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 269940District 09Field 652802002 tax incentive programmesCondensateGasSaveExport
Value, all time
$3.5 M
Mar 2013 – May 2026
Value, last 12 filed months
$129 k
at the published price for each month
Months reported
159
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 Gas112013-10-18211215
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
CondensateDisposition774 bbl$55,688
GasProduction999,510 Mcf$3,457,552
Total$3,513,240

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 33.2514, -97.6937. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

33.25139, -97.69365 · 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
7,041 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 7,041 ft.

Completions filed
Jul 2013
1 of 1 wells

1 well

42-497372566H7,041 ftJul 2013

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 (159)

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

159 months

May 202600106.413.05$0
Apr 2026152,96198.932.87$9,981
Mar 202603,08689.753.15$9,719
Feb 202612,69463.503.75$10,167
Jan 2026202,84459.138.00$23,929
Dec 202573,08356.664.41$14,003
Nov 2025162,81958.593.93$12,006
Oct 202533,07159.383.30$10,327
Sep 202502,89062.743.08$8,892
Aug 202503,27363.933.01$9,867
Jul 202503,26866.743.32$10,834
Jun 202503,05166.483.13$9,546
May 202503,46160.553.23$11,187
Apr 202503,03762.363.54$10,760
Mar 202503,15867.704.27$13,479
Feb 202502,82670.884.34$12,267
Jan 202503,27074.324.28$13,991
Dec 202403,29368.993.12$10,279
Nov 202403,26869.052.20$7,185
Oct 202403,54471.372.28$8,085
Sep 202403,49869.612.36$8,271
Aug 202403,24275.632.06$6,690
Jul 202403,02579.932.15$6,493
Jun 202403,01678.082.63$7,944
May 202403,50178.812.20$7,697
Apr 202403,46684.451.66$5,751
Mar 202403,56380.301.55$5,505
Feb 202403,34176.091.78$5,959
Jan 202403,59173.023.30$11,842
Dec 202303,62171.262.61$9,453
Nov 202303,58777.892.81$10,071
Oct 202313,59885.443.09$11,193
Sep 202303,65189.042.74$9,986
Aug 202303,69480.522.67$9,874
Jul 202333,51174.852.64$9,500
Jun 202303,64768.962.26$8,237
May 202303,79770.622.23$8,457
Apr 202303,73978.122.24$8,367
Mar 202303,96572.852.39$9,489
Feb 202323,64875.112.47$9,145
Jan 202303,48376.533.39$11,799
Dec 202203,25176.415.73$18,625
Nov 202203,50185.005.65$19,767
Oct 202203,46087.185.86$20,289
Sep 202203,38284.888.16$27,610
Aug 202204,03294.529.13$36,801
Jul 2022164,235101.587.54$33,566
Jun 202204,076115.097.98$32,515
May 202204,232109.378.43$35,689
Apr 202204,172104.226.84$28,526
Mar 2022152,786108.885.08$15,776
Feb 202202,21291.054.86$10,748
Jan 202203,32681.844.54$15,092
Dec 202104,59571.323.90$17,916
Nov 202104,44177.435.24$23,257
Oct 202104,07079.795.71$23,255
Sep 202103,54169.865.35$18,948
Aug 202103,50866.024.22$14,806
Jul 202103,61470.783.98$14,391
Jun 202103,95669.493.38$13,374
May 202104,00763.483.02$12,092
Apr 202104,72460.362.76$13,031
Mar 202104,92461.302.72$13,378
Feb 202103,14057.805.55$17,421
Jan 2021154,31250.412.81$12,874
Dec 202004,55244.642.68$12,179
Nov 202004,11738.772.71$11,143
Oct 202004,48936.972.48$11,126
Sep 202004,70237.091.99$9,362
Aug 202004,91039.982.39$11,711
Jul 202005,04038.371.83$9,199
Jun 202004,23334.901.69$7,155
May 202004,98616.921.81$9,048
Apr 202003,24314.751.80$5,852
Mar 202003,83730.341.86$7,122
Feb 202004,46949.881.98$8,852
Jan 202045,06557.252.09$10,839
Dec 201905,39059.012.30$12,421
Nov 201904,48355.302.75$12,331
Oct 201905,24753.472.42$12,690
Sep 201906,63955.052.66$17,642
Aug 201905,47253.112.30$12,609
Jul 201905,10556.272.46$12,559
Jun 201905,02452.782.49$12,516
May 201946,83258.482.74$18,956
Apr 201905,77262.632.75$15,877
Mar 2019305,66556.803.06$19,051
Feb 201905,70150.852.79$15,918
Jan 201905,65446.033.23$18,252
Dec 201804,27346.594.19$17,884
Nov 201805,07152.934.24$21,487
Oct 201806,01161.443.40$20,426
Sep 201805,95659.543.11$18,511
Aug 201806,14859.403.07$18,853
Jul 201806,21165.142.93$18,210
Jun 201806,26660.183.08$19,280
May 201806,70465.382.90$19,447
Apr 201806,48463.842.90$18,809
Mar 201806,76961.222.79$18,864
Feb 2018286,34561.782.77$19,281
Jan 201807,05262.874.01$28,274
Dec 201707,23057.272.92$21,123
Nov 201706,71155.423.12$20,927
Oct 201706,97549.292.98$20,811
Sep 201706,70947.523.09$20,713
Aug 201706,77745.373.00$20,361
Jul 201705,85443.873.09$18,073
Jun 201705,90442.493.09$18,227
May 2017326,80545.373.26$23,659
Apr 201706,79547.933.21$21,823
Mar 201706,36446.772.98$18,988
Feb 201706,24450.452.95$18,436
Jan 2017177,19549.413.42$25,438
Dec 2016217,16848.763.72$27,709
Nov 201607,16842.492.64$18,955
Oct 201607,34046.193.09$22,683
Sep 2016337,34941.553.10$24,158
Aug 201607,79341.442.92$22,789
Jul 201607,78241.622.92$22,757
Jun 201607,77245.352.69$20,874
May 201608,23342.521.99$16,392
Apr 201608,08936.561.99$16,106
Mar 201607,90633.011.79$14,183
Feb 201608,01226.472.06$16,534
Jan 2016328,97927.352.36$22,105
Dec 201509,22532.362.00$18,463
Nov 201509,31338.792.17$20,184
Oct 2015339,84043.552.43$25,315
Sep 201509,33742.992.76$25,755
Aug 2015010,17740.162.87$29,233
Jul 2015010,42348.152.95$30,697
Jun 2015010,35056.152.88$29,838
May 2015010,96555.212.96$32,407
Apr 20153810,33449.822.71$29,863
Mar 2015010,59642.892.93$31,096
Feb 20151711,45144.662.98$34,840
Jan 2015013,24943.433.10$41,080
Dec 20144113,93854.693.59$52,299
Nov 20143214,18270.464.25$62,554
Oct 2014014,92178.303.90$58,206
Sep 2014014,94986.164.05$60,475
Aug 20143015,81989.394.04$66,513
Jul 2014016,15096.564.18$67,501
Jun 20148816,05898.164.74$84,703
May 2014016,76294.734.73$79,227
Apr 2014016,99995.944.81$81,750
Mar 2014016,37795.895.06$82,815
Feb 201416915,27197.406.19$111,019
Jan 2014016,96590.404.86$82,462
Dec 2013017,20791.824.35$74,928
Nov 2013017,68688.853.74$66,115
Oct 201309,68997.423.78$36,618
Sep 20131120,115104.113.72$75,928
Aug 2013019,976104.253.52$70,368
Jul 201309,537102.523.72$35,456
Jun 20130094.403.93$0
May 20130094.834.15$0
Apr 20130093.964.28$0
Mar 20130093.623.91$0

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.

Apr 2026 — as filed, then multipliedworked
Condensate            15 bbl  × $ 98.93 =     $1,484
Gas                2,961 Mcf  × $  2.87 =     $8,497

────────────────────────────────────────────────────
Month total                                   $9,981

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/269940 is the state's own key, not one this site invented.