SCHERTZ FAMILY GU

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 270300District 09Field 652802002 tax incentive programmesCondensateGasSaveExport
Value, all time
$2.1 M
Jun 2013 – May 2026
Value, last 12 filed months
$84 k
at the published price for each month
Months reported
156
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 Gas112013-12-13212010
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
CondensateDisposition6,787 bbl$546,010
GasProduction446,078 Mcf$1,562,676
Total$2,108,686

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 33.3411, -97.3623. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

33.34114, -97.36232 · 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
8,916 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 8,916 ft.

Completions filed
Nov 2022
1 of 1 wells

1 well

42-121342822H8,916 ftNov 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 (156)

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

156 months

May 202601,836106.413.05$5,592
Apr 2026551,77098.932.87$10,521
Mar 202601,72089.753.15$5,417
Feb 202601,60663.503.75$6,023
Jan 2026251,68059.138.00$14,915
Dec 202501,88156.664.41$8,302
Nov 202501,82858.593.93$7,178
Oct 202501,96059.383.30$6,477
Sep 202511,90262.743.08$5,915
Aug 2025251,82663.933.01$7,103
Jul 202501,30666.743.32$4,330
Jun 2025068666.483.13$2,146
May 202501,40660.553.23$4,545
Apr 202501,88562.363.54$6,679
Mar 202511,95367.704.27$8,404
Feb 2025341,70570.884.34$9,811
Jan 202501,80374.324.28$7,714
Dec 202401,92768.993.12$6,015
Nov 2024401,73469.052.20$6,574
Oct 202401,79771.372.28$4,100
Sep 202401,90669.612.36$4,506
Aug 202402,00175.632.06$4,129
Jul 2024342,00079.932.15$7,011
Jun 202401,97878.082.63$5,210
May 202402,00578.812.20$4,408
Apr 202401,25784.451.66$2,086
Mar 202401,42280.301.55$2,197
Feb 202401,65776.091.78$2,955
Jan 2024342,85173.023.30$11,884
Dec 202302,35971.262.61$6,159
Nov 202312,20077.892.81$6,255
Oct 2023251,91785.443.09$8,054
Sep 202301,74989.042.74$4,784
Aug 202321,83980.522.67$5,076
Jul 2023341,78174.852.64$7,250
Jun 202301,86968.962.26$4,221
May 202381,99970.622.23$5,018
Apr 20232690078.122.24$4,045
Mar 202322,81472.852.39$6,880
Feb 2023531,91675.112.47$8,705
Jan 202302,14076.533.39$7,250
Dec 2022010,74976.415.73$61,582
Nov 2022013985.005.65$785
Oct 20220087.185.86$0
Sep 202221084.888.16$1,782
Aug 20220094.529.13$0
Jul 202200101.587.54$0
Jun 202200115.097.98$0
May 202200109.378.43$0
Apr 20220215104.226.84$1,470
Mar 20220411108.885.08$2,086
Feb 2022239791.054.86$2,111
Jan 2022191,41081.844.54$7,953
Dec 2021291,62971.323.90$8,420
Nov 202101,47277.435.24$7,709
Oct 202121,62279.795.71$9,427
Sep 2021271,67369.865.35$10,838
Aug 202101,41366.024.22$5,964
Jul 202101,35470.783.98$5,392
Jun 2021153569.493.38$1,878
May 2021291,17663.483.02$5,390
Apr 2021180660.362.76$2,284
Mar 20212974961.302.72$3,813
Feb 2021086457.805.55$4,793
Jan 2021186650.412.81$2,484
Dec 20202483344.642.68$3,300
Nov 2020178138.772.71$2,153
Oct 20201987036.972.48$2,859
Sep 2020091037.091.99$1,812
Aug 2020221,08839.982.39$3,475
Jul 202011,15838.371.83$2,152
Jun 20203883834.901.69$2,743
May 2020085916.921.81$1,559
Apr 20203392814.751.80$2,161
Mar 2020091530.341.86$1,698
Feb 2020063649.881.98$1,260
Jan 202051,14457.252.09$2,683
Dec 20195787859.012.30$5,387
Nov 201901,12855.302.75$3,103
Oct 201901,27053.472.42$3,072
Sep 201901,25355.052.66$3,330
Aug 2019201,25153.112.30$3,945
Jul 201921,44056.272.46$3,655
Jun 2019371,33652.782.49$5,281
May 201921,45858.482.74$4,112
Apr 201921,34862.632.75$3,833
Mar 2019561,37256.803.06$7,382
Feb 201901,24950.852.79$3,487
Jan 20191671,35746.033.23$12,068
Dec 201801,30946.594.19$5,479
Nov 201801,50052.934.24$6,356
Oct 201801,66461.443.40$5,654
Sep 201801,71959.543.11$5,343
Aug 201802,23659.403.07$6,857
Jul 201802,31865.142.93$6,796
Jun 201802,27960.183.08$7,012
May 201802,06165.382.90$5,979
Apr 201802,09463.842.90$6,074
Mar 201801,40561.222.79$3,916
Feb 201802,07961.782.77$5,751
Jan 20181772,29462.874.01$20,325
Dec 201703,20857.272.92$9,372
Nov 201702,94855.423.12$9,193
Oct 201703,00649.292.98$8,969
Sep 201702,86047.523.09$8,830
Aug 201703,02945.373.00$9,100
Jul 201702,70543.873.09$8,351
Jun 201702,72642.493.09$8,416
May 2017802,93045.373.26$13,191
Apr 201702,95047.933.21$9,474
Mar 201703,06746.772.98$9,151
Feb 20171672,87250.452.95$16,905
Jan 201703,19449.413.42$10,920
Dec 201602,98948.763.72$11,128
Nov 201602,98042.492.64$7,880
Oct 201603,03146.193.09$9,367
Sep 20161232,53441.553.10$12,968
Aug 201602,62541.442.92$7,676
Jul 201602,74041.622.92$8,013
Jun 201602,96145.352.69$7,953
May 20161783,10242.521.99$13,745
Apr 201603,11136.561.99$6,194
Mar 201603,23933.011.79$5,811
Feb 201603,33326.472.06$6,878
Jan 201601,55827.352.36$3,684
Dec 20151232,72732.362.00$9,438
Nov 201503,68538.792.17$7,987
Oct 201504,46543.552.43$10,835
Sep 20151572,07542.992.76$12,473
Aug 201504,19540.162.87$12,050
Jul 201503,70648.152.95$10,914
Jun 201503,61056.152.88$10,407
May 20151793,11055.212.96$19,074
Apr 2015013,22249.822.71$35,786
Mar 201505,07142.892.93$14,882
Feb 20151727,10344.662.98$28,821
Jan 201508,72143.433.10$27,041
Dec 20141638,85554.693.59$40,716
Nov 201406,54370.464.25$27,820
Oct 20141689,75778.303.90$51,216
Sep 201407,71986.164.05$31,227
Aug 20141507,04289.394.04$41,824
Jul 201407,32096.564.18$30,595
Jun 20141756,93398.164.74$50,019
May 20141868,54194.734.73$57,989
Apr 201408,66995.944.81$41,690
Mar 20141696,76895.895.06$50,430
Feb 20141779,31997.406.19$74,943
Jan 201418111,46090.404.86$72,066
Dec 20131808,90591.824.35$55,304
Nov 201336011,56588.853.74$75,219
Oct 20133487,44097.423.78$62,021
Sep 201353111,066104.113.72$96,423
Aug 201390216,314104.253.52$151,501
Jul 20130106102.523.72$394
Jun 20136948,85994.403.93$100,360

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                1,836 Mcf  × $  3.05 =     $5,592

────────────────────────────────────────────────────
Month total                                   $5,592

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/270300 is the state's own key, not one this site invented.