POSEY 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 270711District 09Field 652802002 tax incentive programmesCondensateGasSaveExport
Value, all time
$8.1 M
May 2013 – May 2026
Value, last 12 filed months
$228 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 Gas112013-12-11211211
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
CondensateDisposition22,199 bbl$1,909,448
GasProduction1,781,103 Mcf$6,153,931
Total$8,063,378

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 33.4496, -97.6731. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

33.44964, -97.67312 · 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
7,236 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 7,236 ft.

Completions filed
May 2013
1 of 1 wells

1 well

42-337350551H7,236 ftMay 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 (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 202603,511106.413.05$10,694
Apr 202605,49798.932.87$15,775
Mar 202602,82989.753.15$8,910
Feb 202604,95263.503.75$18,572
Jan 202604,20359.138.00$33,615
Dec 202506,06156.664.41$26,749
Nov 202505,17058.593.93$20,300
Oct 202504,96559.383.30$16,409
Sep 202505,54262.743.08$17,052
Aug 20251235,44563.933.01$24,279
Jul 202505,59166.743.32$18,535
Jun 202505,49366.483.13$17,186
May 202506,06960.553.23$19,617
Apr 20251745,95662.363.54$31,953
Mar 202506,59767.704.27$28,158
Feb 202506,28270.884.34$27,269
Jan 202507,24674.324.28$31,003
Dec 202407,39668.993.12$23,086
Nov 202407,29069.052.20$16,027
Oct 202408,17571.372.28$18,650
Sep 202406,44969.612.36$15,248
Aug 202401,02275.632.06$2,109
Jul 202402,59879.932.15$5,577
Jun 202404,19178.082.63$11,039
May 20241866,17578.812.20$28,234
Apr 202406,07784.451.66$10,083
Mar 202406,28380.301.55$9,708
Feb 202406,35076.091.78$11,326
Jan 202406,69873.023.30$22,088
Dec 202306,71771.262.61$17,536
Nov 20231657,00477.892.81$32,516
Oct 202306,68285.443.09$20,629
Sep 20231696,55989.042.74$32,987
Aug 202307,13780.522.67$19,076
Jul 202307,14074.852.64$18,862
Jun 202307,15868.962.26$16,166
May 202306,17770.622.23$13,759
Apr 202305,53078.122.24$12,375
Mar 202306,21372.852.39$14,869
Feb 202305,92275.112.47$14,602
Jan 202307,14976.533.39$24,219
Dec 20221667,51376.415.73$55,727
Nov 202207,16285.005.65$40,438
Oct 202206,74187.185.86$39,528
Sep 202206,81584.888.16$55,635
Aug 202206,98994.529.13$63,790
Jul 202206,741101.587.54$50,841
Jun 202206,739115.097.98$53,758
May 202207,094109.378.43$59,824
Apr 202207,090104.226.84$48,479
Mar 20221727,669108.885.08$57,658
Feb 202206,91091.054.86$33,575
Jan 202207,90881.844.54$35,884
Dec 20211687,95471.323.90$42,995
Nov 202107,66577.435.24$40,140
Oct 20211757,70179.795.71$57,966
Sep 202107,44669.865.35$39,843
Aug 202107,96066.024.22$33,596
Jul 202107,85070.783.98$31,259
Jun 202107,50169.493.38$25,358
May 202107,98163.483.02$24,084
Apr 20213437,65160.362.76$41,808
Mar 202108,22661.302.72$22,350
Feb 202107,58657.805.55$42,087
Jan 202108,25450.412.81$23,196
Dec 202008,34344.642.68$22,321
Nov 202007,75938.772.71$21,000
Oct 202008,00636.972.48$19,842
Sep 202007,86637.091.99$15,662
Aug 202008,12239.982.39$19,372
Jul 202008,33938.371.83$15,220
Jun 202008,37734.901.69$14,160
May 202008,69816.921.81$15,785
Apr 202008,61114.751.80$15,538
Mar 20201759,10930.341.86$22,218
Feb 202008,99949.881.98$17,824
Jan 202009,70457.252.09$20,327
Dec 20191739,70559.012.30$32,573
Nov 201909,05555.302.75$24,908
Oct 20191739,76853.472.42$32,875
Sep 201909,13455.052.66$24,272
Aug 201909,54153.112.30$21,986
Jul 201909,20756.272.46$22,650
Jun 201908,98552.782.49$22,383
May 201909,76158.482.74$26,748
Apr 201908,57662.632.75$23,590
Mar 2019010,38856.803.06$31,809
Feb 201909,57050.852.79$26,722
Jan 201917410,24146.033.23$41,069
Dec 2018011,01346.594.19$46,094
Nov 2018010,09952.934.24$42,792
Oct 2018010,91961.443.40$37,104
Sep 201817210,54259.543.11$43,005
Aug 2018010,35259.403.07$31,745
Jul 201816810,89365.142.93$42,880
Jun 201809,99060.183.08$30,738
May 2018010,58165.382.90$30,693
Apr 2018010,30263.842.90$29,884
Mar 201817310,63461.222.79$40,226
Feb 2018010,33461.782.77$28,585
Jan 2018011,73262.874.01$47,037
Dec 2017011,73057.272.92$34,269
Nov 201716911,46255.423.12$45,109
Oct 2017011,99049.292.98$35,774
Sep 2017011,70347.523.09$36,130
Aug 201716812,37245.373.00$44,793
Jul 2017012,44243.873.09$38,412
Jun 201716912,30142.493.09$45,157
May 2017012,84645.373.26$41,922
Apr 2017012,63047.933.21$40,563
Mar 201716413,56446.772.98$48,141
Feb 2017012,61450.452.95$37,244
Jan 2017014,09949.413.42$48,202
Dec 201615413,86248.763.72$59,115
Nov 201617512,82642.492.64$41,352
Oct 2016014,09446.193.09$43,554
Sep 201617613,96741.553.10$50,619
Aug 2016014,84941.442.92$43,424
Jul 201616914,56441.622.92$49,624
Jun 2016013,76945.352.69$36,981
May 201617014,42842.521.99$35,955
Apr 2016014,21536.561.99$28,303
Mar 2016015,01233.011.79$26,932
Feb 201617214,26326.472.06$33,986
Jan 2016015,89827.352.36$37,589
Dec 2015016,83932.362.00$33,702
Nov 201516816,43738.792.17$42,141
Oct 201517114,93043.552.43$43,676
Sep 2015015,45442.992.76$42,629
Aug 2015016,63940.162.87$47,795
Jul 201516517,40548.152.95$59,204
Jun 2015017,62756.152.88$50,816
May 2015018,93755.212.96$55,967
Apr 2015019,44649.822.71$52,632
Mar 201516321,07642.892.93$68,843
Feb 201515719,36744.662.98$64,651
Jan 2015220,80143.433.10$64,583
Dec 201416520,89354.693.59$84,058
Nov 201417120,80070.464.25$100,487
Oct 201434021,65378.303.90$111,089
Sep 201417122,11486.164.05$104,194
Aug 201416623,47089.394.04$109,543
Jul 201417224,61296.564.18$119,477
Jun 201433624,19798.164.74$147,600
May 201433525,64694.734.73$152,952
Apr 201417125,61795.944.81$139,601
Mar 201452827,04295.895.06$187,376
Feb 201434624,24097.406.19$183,794
Jan 201486628,28090.404.86$215,748
Dec 201352229,39691.824.35$175,934
Nov 201386427,93888.853.74$181,206
Oct 201386129,22697.423.78$194,334
Sep 20131,06127,846104.113.72$213,985
Aug 20131,38432,554104.253.52$258,957
Jul 20132,86430,486102.523.72$406,956
Jun 20134,46016,39294.403.93$485,500
May 201385534194.834.15$82,494

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                3,511 Mcf  × $  3.05 =    $10,694

────────────────────────────────────────────────────
Month total                                  $10,694

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/270711 is the state's own key, not one this site invented.