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SABINE 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 272441District 09Field 652802002 tax incentive programmesCondensateGasSaveExport
Value, all time
$5.9 M
Feb 2014 – May 2026
Value, last 12 filed months
$253 k
at the published price for each month
Months reported
148
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 Gas112015-12-11217489
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
CondensateDisposition18,306 bbl$1,159,263
GasProduction1,432,802 Mcf$4,758,519
Total$5,917,782

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 33.1224, -97.6465. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

33.12242, -97.64651 · 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
7,104 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 7,104 ft.

Completions filed
Jun 2014
1 of 1 wells

1 well

42-497377621H7,104 ftJun 2014——

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 (148)

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

148 months

May 20261624,592106.413.05$31,225
Apr 202603,64698.932.87$10,463
Mar 202606,74889.753.15$21,252
Feb 202606,32863.503.75$23,732
Jan 202604,04959.138.00$32,384
Dec 202505,30156.664.41$23,395
Nov 202504,77758.593.93$18,757
Oct 202503,81159.383.30$12,595
Sep 202504,92062.743.08$15,138
Aug 20251885,17163.933.01$27,608
Jul 202505,59466.743.32$18,545
Jun 202505,65966.483.13$17,705
May 202505,76060.553.23$18,618
Apr 202505,10662.363.54$18,091
Mar 202504,06367.704.27$17,342
Feb 202503,00370.884.34$13,036
Jan 202505,59874.324.28$23,952
Dec 20241825,12968.993.12$28,566
Nov 202405,13669.052.20$11,291
Oct 202405,58671.372.28$12,744
Sep 202405,27269.612.36$12,465
Aug 202405,66875.632.06$11,697
Jul 202405,95379.932.15$12,779
Jun 20241923,75978.082.63$24,892
May 202405,81278.812.20$12,777
Apr 202405,55484.451.66$9,215
Mar 202405,68980.301.55$8,790
Feb 202405,37776.091.78$9,591
Jan 202405,85173.023.30$19,295
Dec 202306,64571.262.61$17,348
Nov 202306,64577.892.81$18,656
Oct 202306,85785.443.09$21,169
Sep 202306,66289.042.74$18,221
Aug 202307,04380.522.67$18,825
Jul 202307,19574.852.64$19,008
Jun 20231716,60068.962.26$26,698
May 202307,11570.622.23$15,848
Apr 202306,46378.122.24$14,463
Mar 20231805,96472.852.39$27,386
Feb 202306,57475.112.47$16,209
Jan 2023157,38876.533.39$26,176
Dec 202207,61476.415.73$43,621
Nov 202208,31585.005.65$46,948
Oct 20221717,46187.185.86$58,657
Sep 202207,51384.888.16$61,334
Aug 202207,96894.529.13$72,725
Jul 20221778,192101.587.54$79,764
Jun 202207,000115.097.98$55,840
May 202206,669109.378.43$56,240
Apr 20221816,061104.226.84$60,307
Mar 202206,548108.885.08$33,240
Feb 202205,07091.054.86$24,634
Jan 202206,13481.844.54$27,834
Dec 202105,99871.323.90$23,387
Nov 20211766,12377.435.24$45,693
Oct 202106,43679.795.71$36,774
Sep 202106,18069.865.35$33,069
Aug 202106,58366.024.22$27,784
Jul 202106,66770.783.98$26,549
Jun 20211656,31569.493.38$32,814
May 202105,78363.483.02$17,451
Apr 202106,12060.362.76$16,882
Mar 20211854,41361.302.72$23,330
Feb 202104,57857.805.55$25,399
Jan 202106,23150.412.81$17,511
Dec 202006,79744.642.68$18,185
Nov 202005,85238.772.71$15,839
Oct 20201306,32136.972.48$20,472
Sep 202006,55537.091.99$13,051
Aug 202007,24239.982.39$17,273
Jul 20201776,44638.371.83$18,556
Jun 202006,56834.901.69$11,102
May 202007,29816.921.81$13,244
Apr 20201807,14614.751.80$15,549
Mar 202007,21630.341.86$13,395
Feb 2020416,58649.881.98$15,090
Jan 202007,12957.252.09$14,933
Dec 20191766,04959.012.30$24,325
Nov 201907,08755.302.75$19,494
Oct 201907,43553.472.42$17,982
Sep 20191797,18955.052.66$28,957
Aug 201907,33553.112.30$16,902
Jul 201907,38456.272.46$18,165
Jun 201907,26352.782.49$18,094
May 20191796,97658.482.74$29,584
Apr 201908,34562.632.75$22,955
Mar 201909,08456.803.06$27,816
Feb 20191766,85650.852.79$28,093
Jan 201907,67246.033.23$24,767
Dec 201808,64346.594.19$36,175
Nov 20181768,64752.934.24$45,955
Oct 201809,02061.443.40$30,651
Sep 20181789,10659.543.11$38,900
Aug 201809,79559.403.07$30,037
Jul 20181919,16765.142.93$39,318
Jun 201809,83560.183.08$30,262
May 20181789,76365.382.90$39,958
Apr 2018010,02963.842.90$29,092
Mar 201817911,14561.222.79$42,018
Feb 201818610,36161.782.77$40,151
Jan 2018011,92762.874.01$47,819
Dec 201737011,00257.272.92$53,332
Nov 2017011,80555.423.12$36,812
Oct 201709,91149.292.98$29,571
Sep 20171829,77947.523.09$38,839
Aug 201717810,42145.373.00$39,385
Jul 201717310,51743.873.09$40,058
Jun 2017010,10442.493.09$31,194
May 20171829,71945.373.26$39,974
Apr 20171759,83547.933.21$39,974
Mar 201718110,28446.772.98$39,150
Feb 201709,46950.452.95$27,958
Jan 201718610,71049.413.42$45,806
Dec 201618110,97248.763.72$49,672
Nov 2016010,71142.492.64$28,324
Oct 201618311,35846.193.09$43,552
Sep 20161759,82241.553.10$37,726
Aug 201617810,07041.442.92$36,824
Jul 20161779,91241.622.92$36,353
Jun 2016011,57845.352.69$31,097
May 201617912,49942.521.99$32,497
Apr 201618213,78436.561.99$34,098
Mar 201618816,35433.011.79$35,545
Feb 201618015,84026.472.06$37,453
Jan 201618217,09827.352.36$45,404
Dec 201527317,98732.362.00$44,834
Nov 201535817,63838.792.17$52,114
Oct 201517716,13343.552.43$46,856
Sep 201535617,04842.992.76$62,330
Aug 201534519,46940.162.87$69,780
Jul 201517720,14748.152.95$67,857
Jun 201536021,07356.152.88$80,965
May 201535622,56555.212.96$86,344
Apr 201554420,50249.822.71$82,592
Mar 201536122,57342.892.93$81,729
Feb 201536622,59244.662.98$83,584
Jan 201552527,13743.433.10$106,943
Dec 201473228,37354.693.59$141,931
Nov 201452930,48570.464.25$166,891
Oct 201490135,33178.303.90$208,373
Sep 201454523,63786.164.05$142,579
Aug 20141,00632,78689.394.04$222,222
Jul 20141,59656,04096.564.18$388,335
Jun 201489634,42898.164.74$251,033
May 20140094.734.73$0
Apr 20140095.944.81$0
Mar 20140095.895.06$0
Feb 20140097.406.19$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           162 bbl  × $106.41 =    $17,238
Gas                4,592 Mcf  × $  3.05 =    $13,987

────────────────────────────────────────────────────
Month total                                  $31,225

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/272441 is the state's own key, not one this site invented.