DEAN PADFIELD

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 274621District 09Field 652802002 tax incentive programmesCondensateGasSaveExport
Value, all time
$4.4 M
Aug 2014 – May 2026
Value, last 12 filed months
$259 k
at the published price for each month
Months reported
142
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 Gas112015-01-12214902
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
CondensateDisposition8,051 bbl$501,451
GasProduction1,218,967 Mcf$3,944,456
Total$4,445,906

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 33.1621, -97.6721. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

33.16210, -97.67214 · 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
7,165 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 7,165 ft.

Completions filed
Aug 2014
1 of 1 wells

1 well

42-497377911H7,165 ftAug 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 (142)

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

142 months

May 202605,774106.413.05$17,587
Apr 202615,16098.932.87$14,907
Mar 2026255,50289.753.15$19,572
Feb 202606,52163.503.75$24,456
Jan 202605,63259.138.00$45,044
Dec 202516,12856.664.41$27,102
Nov 2025394,33558.593.93$19,306
Oct 202505,61559.383.30$18,557
Sep 202505,87862.743.08$18,086
Aug 202505,99863.933.01$18,083
Jul 202505,58866.743.32$18,525
Jun 202505,70666.483.13$17,852
May 2025664,83260.553.23$19,615
Apr 202505,55462.363.54$19,678
Mar 202506,11567.704.27$26,101
Feb 202504,31170.884.34$18,713
Jan 202504,50074.324.28$19,254
Dec 202405,43368.993.12$16,958
Nov 202404,84269.052.20$10,645
Oct 202405,67171.372.28$12,938
Sep 202405,84969.612.36$13,829
Aug 2024936,56775.632.06$20,585
Jul 202405,07979.932.15$10,903
Jun 202405,74678.082.63$15,135
May 202406,31678.812.20$13,885
Apr 202406,21584.451.66$10,312
Mar 2024924,71780.301.55$14,676
Feb 202404,53476.091.78$8,087
Jan 20241495,19273.023.30$28,001
Dec 202306,21371.262.61$16,220
Nov 202305,41977.892.81$15,214
Oct 202306,11185.443.09$18,866
Sep 20231806,41489.042.74$33,570
Aug 202306,64880.522.67$17,769
Jul 202305,12474.852.64$13,537
Jun 202305,26368.962.26$11,886
May 202306,19670.622.23$13,801
Apr 202305,51978.122.24$12,350
Mar 202335,50372.852.39$13,388
Feb 2023765,28775.112.47$18,744
Jan 202306,35676.533.39$21,532
Dec 2022956,37576.415.73$43,782
Nov 202206,31985.005.65$35,678
Oct 202206,21187.185.86$36,420
Sep 202205,34984.888.16$43,668
Aug 202205,88794.529.13$53,732
Jul 202206,003101.587.54$45,275
Jun 202205,558115.097.98$44,337
May 20221265,844109.378.43$63,063
Apr 202206,122104.226.84$41,860
Mar 202206,041108.885.08$30,667
Feb 202205,24291.054.86$25,470
Jan 202206,17681.844.54$28,025
Dec 202136,37871.323.90$25,083
Nov 2021825,77377.435.24$36,582
Oct 202106,64279.795.71$37,952
Sep 202106,55769.865.35$35,086
Aug 202106,29166.024.22$26,552
Jul 202106,22770.783.98$24,796
Jun 202136,02569.493.38$20,577
May 20211156,61463.483.02$27,259
Apr 202106,07060.362.76$16,744
Mar 20211866,12561.302.72$28,043
Feb 202104,27457.805.55$23,712
Jan 202106,48250.412.81$18,216
Dec 202006,78644.642.68$18,156
Nov 202006,68438.772.71$18,091
Oct 202007,24236.972.48$17,949
Sep 202007,21437.091.99$14,363
Aug 20201567,44539.982.39$23,994
Jul 202007,10638.371.83$12,969
Jun 202007,27134.901.69$12,290
May 202007,81416.921.81$14,180
Apr 202007,39714.751.80$13,347
Mar 20201157,80730.341.86$17,981
Feb 202006,89649.881.98$13,659
Jan 202007,18757.252.09$15,055
Dec 20191777,86959.012.30$28,578
Nov 201907,22155.302.75$19,863
Oct 201907,39453.472.42$17,883
Sep 201907,42955.052.66$19,741
Aug 201907,50253.112.30$17,287
Jul 201907,77256.272.46$19,120
Jun 201907,78052.782.49$19,382
May 201908,27558.482.74$22,676
Apr 201908,23262.632.75$22,644
Mar 20191778,34056.803.06$35,592
Feb 201907,11750.852.79$19,872
Jan 201908,01946.033.23$25,887
Dec 201807,96646.594.19$33,341
Nov 201807,10352.934.24$30,097
Oct 20181718,25761.443.40$38,564
Sep 201808,19259.543.11$25,461
Aug 201808,54359.403.07$26,198
Jul 201808,57365.142.93$25,135
Jun 201808,54460.183.08$26,289
May 201809,00865.382.90$26,130
Apr 201808,64563.842.90$25,077
Mar 201808,51661.222.79$23,733
Feb 20181826,66161.782.77$29,669
Jan 201808,35862.874.01$33,510
Dec 201707,52057.272.92$21,970
Nov 201707,05055.423.12$21,984
Oct 201718610,72749.292.98$41,174
Sep 201708,88547.523.09$27,430
Aug 2017010,06045.373.00$30,224
Jul 2017010,16543.873.09$31,382
Jun 201709,70742.493.09$29,968
May 2017010,32945.373.26$33,708
Apr 201718010,41347.933.21$42,070
Mar 2017012,30246.772.98$36,705
Feb 201706,98250.452.95$20,615
Jan 2017012,81449.413.42$43,809
Dec 201618412,05248.763.72$53,839
Nov 201609,45042.492.64$24,989
Oct 2016012,37946.193.09$38,254
Sep 2016010,66941.553.10$33,081
Aug 201617613,87941.442.92$47,880
Jul 2016013,10741.622.92$38,329
Jun 2016013,24345.352.69$35,568
May 201618311,79842.521.99$31,271
Apr 201609,86336.561.99$19,638
Mar 2016012,41433.011.79$22,271
Feb 201617112,47426.472.06$30,268
Jan 2016013,49327.352.36$31,902
Dec 201525011,96132.362.00$32,029
Nov 201518113,90538.792.17$37,158
Oct 2015014,92143.552.43$36,207
Sep 201517615,67142.992.76$50,793
Aug 201517617,23840.162.87$56,584
Jul 201517519,50648.152.95$65,873
Jun 201506,50056.152.88$18,739
May 201518313,73555.212.96$50,697
Apr 2015015,26649.822.71$41,319
Mar 201536817,38442.892.93$66,801
Feb 201518015,60044.662.98$54,467
Jan 201535318,18943.433.10$71,728
Dec 201418515,03554.693.59$64,114
Nov 201435821,29070.464.25$115,746
Oct 201452022,93178.303.90$130,169
Sep 201451125,81286.164.05$148,449
Aug 20141,04240,13589.394.04$255,094

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                5,774 Mcf  × $  3.05 =    $17,587

────────────────────────────────────────────────────
Month total                                  $17,587

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/274621 is the state's own key, not one this site invented.