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KELSOE

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 270172District 09Field 652802002 tax incentive programmesCondensateGasSaveExport
Value, all time
$4.1 M
Apr 2013 – May 2026
Value, last 12 filed months
$303
at the published price for each month
Months reported
158
no gaps in the span
Streams
2
condensate, gas

The NEWARK, EAST (BARNETT SHALE) field

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 Gas112013-10-30211182
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
CondensateDisposition11,465 bbl$952,365
GasProduction920,947 Mcf$3,108,208
Total$4,060,573

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 33.3850, -97.4272. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

33.38498, -97.42716 · 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
8,641 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 8,641 ft.

Completions filed
Oct 2022
1 of 1 wells

1 well

42-497376562H8,641 ftOct 2022——

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 (158)

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

158 months

May 2026013106.413.05$40
Apr 202601198.932.87$32
Mar 20260089.753.15$0
Feb 202601963.503.75$71
Jan 20260059.138.00$0
Dec 20250956.664.41$40
Nov 202501158.593.93$43
Oct 202501259.383.30$40
Sep 20250062.743.08$0
Aug 20250363.933.01$9
Jul 20250566.743.32$17
Jun 20250466.483.13$13
May 20250060.553.23$0
Apr 20250762.363.54$25
Mar 20250067.704.27$0
Feb 20250070.884.34$0
Jan 20250074.324.28$0
Dec 20240368.993.12$9
Nov 20240069.052.20$0
Oct 20240371.372.28$7
Sep 20240069.612.36$0
Aug 202417075.632.06$1,286
Jul 202486479.932.15$6,883
Jun 20240078.082.63$0
May 20240178.812.20$2
Apr 20240284.451.66$3
Mar 20240080.301.55$0
Feb 20240076.091.78$0
Jan 20240073.023.30$0
Dec 20230071.262.61$0
Nov 20230077.892.81$0
Oct 20230085.443.09$0
Sep 202302,58689.042.74$7,073
Aug 202303,47380.522.67$9,283
Jul 202303,71974.852.64$9,825
Jun 202304,04268.962.26$9,129
May 202304,93870.622.23$10,999
Apr 202302,35578.122.24$5,270
Mar 202302,87072.852.39$6,868
Feb 202301,17275.112.47$2,890
Jan 202303,34376.533.39$11,325
Dec 2022493,38476.415.73$23,131
Nov 202208,92485.005.65$50,387
Oct 202201787.185.86$100
Sep 202207184.888.16$580
Aug 2022012094.529.13$1,095
Jul 202203,919101.587.54$29,557
Jun 202204,182115.097.98$33,361
May 202205,148109.378.43$43,413
Apr 202204,232104.226.84$28,937
Mar 202204,771108.885.08$24,220
Feb 202202,75091.054.86$13,362
Jan 202204,69781.844.54$21,313
Dec 202105,57071.323.90$21,718
Nov 202105,82177.435.24$30,484
Oct 202105,21379.795.71$29,786
Sep 202102,88969.865.35$15,459
Aug 202104,44766.024.22$18,769
Jul 202106,14970.783.98$24,486
Jun 202105,22569.493.38$17,664
May 202105,82563.483.02$17,578
Apr 202105,88460.362.76$16,231
Mar 202106,48361.302.72$17,614
Feb 20211724,47657.805.55$34,774
Jan 202106,99350.412.81$19,652
Dec 202005,35244.642.68$14,319
Nov 202005,25038.772.71$14,209
Oct 202005,88436.972.48$14,583
Sep 202006,48037.091.99$12,902
Aug 202007,34639.982.39$17,521
Jul 202003,81538.371.83$6,963
Jun 202002,00834.901.69$3,394
May 202005,33516.921.81$9,682
Apr 202004,80314.751.80$8,666
Mar 202005,77430.341.86$10,718
Feb 202006,39549.881.98$12,666
Jan 20201876,90257.252.09$25,164
Dec 201907,02859.012.30$16,195
Nov 201906,85755.302.75$18,862
Oct 201916,84853.472.42$16,616
Sep 201906,94155.052.66$18,444
Aug 201907,30153.112.30$16,824
Jul 201906,84556.272.46$16,839
Jun 201906,89752.782.49$17,182
May 201906,86258.482.74$18,804
Apr 201906,99662.632.75$19,244
Mar 201907,34756.803.06$22,497
Feb 201906,53250.852.79$18,239
Jan 201907,06946.033.23$22,820
Dec 20181667,48246.594.19$39,049
Nov 201807,33152.934.24$31,063
Oct 201807,66161.443.40$26,033
Sep 201807,98459.543.11$24,814
Aug 201806,54259.403.07$20,061
Jul 201807,18765.142.93$21,071
Jun 201807,51760.183.08$23,129
May 201807,78365.382.90$22,577
Apr 201807,37563.842.90$21,393
Mar 201808,26161.222.79$23,022
Feb 2018757,54661.782.77$25,507
Jan 201808,14262.874.01$32,644
Dec 201707,97657.272.92$23,302
Nov 201707,91955.423.12$24,694
Oct 201708,23049.292.98$24,556
Sep 2017598,42047.523.09$28,799
Aug 201708,36545.373.00$25,132
Jul 20171168,62343.873.09$31,711
Jun 201708,49242.493.09$26,217
May 201708,99245.373.26$29,344
Apr 2017708,49447.933.21$30,634
Mar 2017699,16846.772.98$30,582
Feb 201708,39450.452.95$24,784
Jan 2017769,31949.413.42$35,615
Dec 201609,44148.763.72$35,147
Nov 2016679,28642.492.64$27,402
Oct 201609,83746.193.09$30,399
Sep 201609,65841.553.10$29,946
Aug 2016869,63741.442.92$31,746
Jul 201609,77841.622.92$28,594
Jun 201619,32645.352.69$25,093
May 20161059,51942.521.99$23,417
Apr 2016989,37236.561.99$22,243
Mar 2016879,85633.011.79$20,554
Feb 201609,32426.472.06$19,241
Jan 201620110,00427.352.36$29,150
Dec 2015010,25232.362.00$20,518
Nov 20159810,20838.792.17$25,926
Oct 2015110,53643.552.43$25,610
Sep 20151159,67442.992.76$31,629
Aug 201510010,54240.162.87$34,298
Jul 2015011,21148.152.95$33,017
Jun 20151958,53256.152.88$35,546
May 20151168,04755.212.96$30,187
Apr 20151958,01649.822.71$31,411
Mar 20152028,45242.892.93$33,468
Feb 201507,24044.662.98$21,548
Jan 20152918,89443.433.10$40,215
Dec 201409,15054.693.59$32,861
Nov 20141928,65570.464.25$50,328
Oct 20141989,17078.303.90$51,275
Sep 20141218,77986.164.05$45,940
Aug 20142538,21889.394.04$55,776
Jul 20142796,24996.564.18$53,059
Jun 201416710,34398.164.74$65,386
May 201419213,00494.734.73$79,652
Apr 201438713,96295.944.81$104,274
Mar 201457414,09195.895.06$126,296
Feb 201458513,57297.406.19$141,017
Jan 201439615,58090.404.86$111,528
Dec 201359214,73391.824.35$118,512
Nov 201379216,81188.853.74$133,213
Oct 201397819,02197.423.78$167,164
Sep 20131,33419,441104.113.72$211,159
Aug 20131,12815,484104.253.52$172,138
Jul 2013196177102.523.72$20,752
Jun 20130094.403.93$0
May 20130094.834.15$0
Apr 20130093.964.28$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.

May 2026 — as filed, then multipliedworked
Condensate             0 bbl  × $106.41 =         $0
Gas                   13 Mcf  × $  3.05 =        $40

────────────────────────────────────────────────────
Month total                                      $40

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/270172 is the state's own key, not one this site invented.