SANDFORD GAS UNIT

Operated by BKV BARNETT II, LLC (P-5 103758) 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 270586District 09Field 652802002 tax incentive programmesCondensateGasSaveExport
Value, all time
$9.2 M
May 2013 – May 2026
Value, last 12 filed months
$273 k
at the published price for each month
Months reported
157
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 Gas112013-11-22211256
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
CondensateDisposition9,200 bbl$737,971
GasProduction2,444,141 Mcf$8,455,510
Total$9,193,481

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 33.3494, -97.5187. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

33.34943, -97.51869 · 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
7,905 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 7,905 ft.

Completions filed
Apr 2026
1 of 1 wells

1 well

42-497376192H7,905 ftApr 2026

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 (157)

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

157 months

May 202609,330106.413.05$28,418
Apr 202602,41598.932.87$6,930
Mar 202604,05889.753.15$12,780
Feb 202604,25563.503.75$15,958
Jan 202603,59059.138.00$28,713
Dec 202505,87956.664.41$25,946
Nov 202502,34958.593.93$9,223
Oct 202508,27359.383.30$27,341
Sep 2025428,26062.743.08$28,050
Aug 2025958,70463.933.01$32,314
Jul 202508,92266.743.32$29,578
Jun 202508,85866.483.13$27,714
May 202507,86660.553.23$25,425
Apr 202508,71862.363.54$30,889
Mar 2025958,95667.704.27$44,659
Feb 202505,23770.884.34$22,733
Jan 202509,02374.324.28$38,607
Dec 202409,21968.993.12$28,776
Nov 202408,93769.052.20$19,647
Oct 2024619,06571.372.28$25,034
Sep 202409,18269.612.36$21,710
Aug 202409,50175.632.06$19,607
Jul 202409,53179.932.15$20,459
Jun 202408,47378.082.63$22,318
May 2024889,71678.812.20$28,295
Apr 2024959,42884.451.66$23,666
Mar 202409,98680.301.55$15,430
Feb 20241049,46376.091.78$24,792
Jan 202409,71473.023.30$32,033
Dec 202309,31271.262.61$24,311
Nov 202309,46977.892.81$26,585
Oct 202309,58085.443.09$29,576
Sep 202309,65489.042.74$26,404
Aug 202309,99680.522.67$26,718
Jul 202317710,03474.852.64$39,756
Jun 202309,71968.962.26$21,950
May 2023010,17470.622.23$22,662
Apr 202309,47478.122.24$21,201
Mar 202333610,59572.852.39$49,833
Feb 202309,76475.112.47$24,075
Jan 2023010,96076.533.39$37,129
Dec 2022010,99376.415.73$62,980
Nov 202216810,61385.005.65$74,203
Oct 2022010,78787.185.86$63,252
Sep 2022010,61184.888.16$86,625
Aug 2022011,25894.529.13$102,754
Jul 2022011,444101.587.54$86,312
Jun 202213311,278115.097.98$105,274
May 2022011,498109.378.43$96,963
Apr 202219011,307104.226.84$97,115
Mar 202217711,472108.885.08$77,508
Feb 2022010,80791.054.86$52,509
Jan 202213112,83681.844.54$68,967
Dec 2021012,96771.323.90$50,560
Nov 2021011,40377.435.24$59,716
Oct 2021010,03979.795.71$57,362
Sep 202108,38969.865.35$44,889
Aug 2021385,21666.024.22$24,523
Jul 202101,84970.783.98$7,363
Jun 20210069.493.38$0
May 20210063.483.02$0
Apr 2021311,23960.362.76$31,183
Mar 2021012,25361.302.72$33,291
Feb 202108,55157.805.55$47,441
Jan 2021811,45950.412.81$32,606
Dec 20201211,52644.642.68$31,373
Nov 2020011,61038.772.71$31,423
Oct 2020011,96436.972.48$29,652
Sep 2020011,83537.091.99$23,564
Aug 2020012,39839.982.39$29,570
Jul 2020012,87238.371.83$23,493
Jun 2020010,86134.901.69$18,358
May 20202912,05916.921.81$22,375
Apr 2020011,94014.751.80$21,544
Mar 20201912,53930.341.86$23,852
Feb 2020011,84149.881.98$23,453
Jan 20201212,69157.252.09$27,271
Dec 2019012,78959.012.30$29,470
Nov 2019012,28055.302.75$33,779
Oct 20193612,90953.472.42$33,146
Sep 20198412,96655.052.66$39,078
Aug 2019013,76653.112.30$31,722
Jul 2019013,78456.272.46$33,909
Jun 2019013,37952.782.49$33,330
May 2019013,94858.482.74$38,222
Apr 20198713,44262.632.75$42,424
Mar 2019013,54256.803.06$41,467
Feb 20197512,09550.852.79$37,586
Jan 20196514,11446.033.23$48,554
Dec 20186414,17246.594.19$62,298
Nov 2018014,32452.934.24$60,694
Oct 20185814,77561.443.40$53,770
Sep 2018014,16859.543.11$44,034
Aug 2018014,95959.403.07$45,873
Jul 2018015,14765.142.93$44,409
Jun 20187314,92760.183.08$50,322
May 2018015,52065.382.90$45,020
Apr 20187315,01263.842.90$48,207
Mar 20187215,75261.222.79$48,306
Feb 2018014,37061.782.77$39,749
Jan 20187116,05062.874.01$68,813
Dec 2017016,01257.272.92$46,779
Nov 2017016,03855.423.12$50,012
Oct 2017017,19349.292.98$51,298
Sep 2017016,16347.523.09$49,900
Aug 2017016,88245.373.00$50,720
Jul 2017117,43343.873.09$53,864
Jun 20177517,00742.493.09$55,692
May 2017017,95445.373.26$58,591
Apr 2017017,66647.933.21$56,736
Mar 20177018,36046.772.98$58,054
Feb 2017017,17550.452.95$50,711
Jan 20175619,26849.413.42$68,640
Dec 20167719,75148.763.72$77,284
Nov 2016018,55142.492.64$49,055
Oct 20169220,02746.193.09$66,138
Sep 2016019,72741.553.10$61,166
Aug 2016020,87541.442.92$61,046
Jul 20168922,05641.622.92$68,203
Jun 2016020,67445.352.69$55,527
May 20169222,46742.521.99$48,645
Apr 2016022,70036.561.99$45,197
Mar 2016018,70933.011.79$33,564
Feb 201612016,97626.472.06$38,209
Jan 201612219,00127.352.36$48,262
Dec 2015019,11832.362.00$38,263
Nov 201512418,56238.792.17$45,040
Oct 2015020,69843.552.43$50,225
Sep 2015122,82642.992.76$63,007
Aug 201511522,90740.162.87$70,419
Jul 2015024,08848.152.95$70,941
Jun 201511924,59156.152.88$77,574
May 2015022,86255.212.96$67,568
Apr 201512123,36249.822.71$69,259
Mar 2015022,96442.892.93$67,393
Feb 201524222,56444.662.98$77,962
Jan 201511626,82543.433.10$88,212
Dec 2014028,64854.693.59$102,885
Nov 2014028,75970.464.25$122,279
Oct 2014030,55378.303.90$119,186
Sep 20147429,77686.164.05$126,833
Aug 2014032,33989.394.04$130,492
Jul 201418533,22796.564.18$156,739
Jun 201416032,43198.164.74$169,327
May 201416234,06294.734.73$176,342
Apr 2014035,70895.944.81$171,724
Mar 201430935,66095.895.06$209,956
Feb 201416331,69397.406.19$212,119
Jan 201418434,65290.404.86$185,067
Dec 201335834,37691.824.35$182,561
Nov 201317835,99588.853.74$150,375
Oct 201335137,46297.423.78$175,777
Sep 201317529,556104.113.72$128,101
Aug 201316520,595104.253.52$89,749
Jul 201350144,282102.523.72$215,991
Jun 201396343,09394.403.93$260,410
May 201386935,00894.834.15$227,658

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                9,330 Mcf  × $  3.05 =    $28,418

────────────────────────────────────────────────────
Month total                                  $28,418

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/270586 is the state's own key, not one this site invented.