MineralRecord
Log inSign up

T. F. PETTY GU (SA)

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 274979District 09Field 652802002 tax incentive programmesCondensateGasSaveExport
Value, all time
$10.1 M
Sep 2013 – May 2026
Value, last 12 filed months
$513 k
at the published price for each month
Months reported
153
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 Gas112015-01-23215087
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
CondensateDisposition766 bbl$54,898
GasProduction2,912,591 Mcf$10,062,620
Total$10,117,517

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 33.0544, -97.5803. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

33.05440, -97.58026 · 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
6,824 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 6,824 ft.

Completions filed
Sep 2013
1 of 1 wells

1 well

42-497376844H6,824 ftSep 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 (153)

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

153 months

May 2026024,390106.413.05$74,288
Apr 2026031,20398.932.87$89,544
Mar 202603,80289.753.15$11,974
Feb 202607,18463.503.75$26,942
Jan 202609,00859.138.00$72,045
Dec 202508,60356.664.41$37,968
Nov 202509,19558.593.93$36,104
Oct 202509,98259.383.30$32,989
Sep 202509,94062.743.08$30,585
Aug 2025010,37263.933.01$31,269
Jul 2025010,78866.743.32$35,764
Jun 2025010,76366.483.13$33,674
May 2025011,33960.553.23$36,651
Apr 2025013,93762.363.54$49,380
Mar 2025011,83467.704.27$50,511
Feb 202509,44470.884.34$40,995
Jan 2025010,92574.324.28$46,745
Dec 2024010,07368.993.12$31,442
Nov 2024010,99469.052.20$24,170
Oct 2024010,90571.372.28$24,879
Sep 202408,99569.612.36$21,267
Aug 2024010,81775.632.06$22,322
Jul 2024011,19979.932.15$24,040
Jun 2024010,93578.082.63$28,803
May 2024010,75278.812.20$23,638
Apr 2024011,23684.451.66$18,643
Mar 2024011,59980.301.55$17,922
Feb 2024010,34976.091.78$18,459
Jan 2024010,72973.023.30$35,381
Dec 2023011,70371.262.61$30,553
Nov 2023010,73177.892.81$30,128
Oct 2023010,92685.443.09$33,732
Sep 2023010,60489.042.74$29,002
Aug 2023010,92080.522.67$29,188
Jul 2023012,01274.852.64$31,733
Jun 2023011,56768.962.26$26,124
May 2023012,31270.622.23$27,424
Apr 2023011,70378.122.24$26,189
Mar 2023012,04172.852.39$28,816
Feb 2023010,45675.112.47$25,781
Jan 2023010,43876.533.39$35,361
Dec 2022011,74776.415.73$67,300
Nov 2022012,14185.005.65$68,551
Oct 2022011,64087.185.86$68,254
Sep 2022011,84884.888.16$96,723
Aug 2022011,77394.529.13$107,454
Jul 2022012,087101.587.54$91,161
Jun 2022011,597115.097.98$92,512
May 2022012,927109.378.43$109,014
Apr 202209,952104.226.84$68,048
Mar 2022012,443108.885.08$63,166
Feb 2022010,97991.054.86$53,345
Jan 2022012,41681.844.54$56,340
Dec 2021011,90271.323.90$46,407
Nov 2021011,64077.435.24$60,957
Oct 2021011,75179.795.71$67,144
Sep 2021012,28069.865.35$65,709
Aug 2021013,97166.024.22$58,966
Jul 2021066070.783.98$2,628
Jun 2021011,21569.493.38$37,914
May 2021012,16663.483.02$36,713
Apr 2021012,42060.362.76$34,260
Mar 2021013,17361.302.72$35,790
Feb 202107,98657.805.55$44,306
Jan 2021012,80050.412.81$35,971
Dec 2020013,26444.642.68$35,487
Nov 2020012,90638.772.71$34,931
Oct 2020013,56836.972.48$33,627
Sep 2020013,19537.091.99$26,272
Aug 2020013,78139.982.39$32,869
Jul 2020014,01438.371.83$25,577
Jun 2020013,71334.901.69$23,179
May 2020014,31516.921.81$25,978
Apr 20203414,04914.751.80$25,851
Mar 2020014,84130.341.86$27,548
Feb 2020014,14149.881.98$28,009
Jan 2020015,45257.252.09$32,368
Dec 2019016,01659.012.30$36,907
Nov 2019015,88155.302.75$43,684
Oct 2019016,63353.472.42$40,228
Sep 2019016,30255.052.66$43,319
Aug 201904,01853.112.30$9,259
Jul 201902,15956.272.46$5,311
Jun 2019016,82852.782.49$41,922
May 2019018,11358.482.74$49,635
Apr 2019017,60062.632.75$48,412
Mar 2019015,00156.803.06$45,935
Feb 2019016,07450.852.79$44,882
Jan 2019016,76746.033.23$54,127
Dec 2018014,80646.594.19$61,970
Nov 2018016,85952.934.24$71,436
Oct 2018017,57061.443.40$59,704
Sep 2018017,10659.543.11$53,165
Aug 2018017,50659.403.07$53,683
Jul 2018017,81865.142.93$52,240
Jun 2018017,61960.183.08$54,212
May 2018018,32465.382.90$53,154
Apr 2018018,09663.842.90$52,493
Mar 2018019,09061.222.79$53,201
Feb 2018017,48161.782.77$48,355
Jan 2018119,56462.874.01$78,501
Dec 20173020,34757.272.92$61,162
Nov 2017018,25555.423.12$56,926
Oct 2017018,85949.292.98$56,269
Sep 2017016,95447.523.09$52,342
Aug 2017021,05745.373.00$63,264
Jul 2017021,02643.873.09$64,913
Jun 2017020,37742.493.09$62,910
May 2017121,65445.373.26$70,711
Apr 20173121,11847.933.21$69,308
Mar 2017022,00746.772.98$65,662
Feb 2017020,31750.452.95$59,988
Jan 2017022,55249.413.42$77,101
Dec 2016022,41548.763.72$83,447
Nov 2016022,42142.492.64$59,289
Oct 2016023,40446.193.09$72,324
Sep 2016022,84041.553.10$70,818
Aug 2016024,16341.442.92$70,661
Jul 2016024,49841.622.92$71,640
Jun 2016023,73745.352.69$63,754
May 2016025,22842.521.99$50,230
Apr 2016024,18536.561.99$48,153
Mar 201610726,10533.011.79$50,365
Feb 2016022,60226.472.06$46,642
Jan 2016026,13127.352.36$61,783
Dec 2015026,60032.362.00$53,238
Nov 2015026,00038.792.17$56,351
Oct 2015027,13643.552.43$65,848
Sep 2015026,81442.992.76$73,964
Aug 2015028,40340.162.87$81,587
Jul 2015029,49048.152.95$86,850
Jun 2015027,99256.152.88$80,697
May 2015030,05155.212.96$88,814
Apr 2015030,74949.822.71$83,224
Mar 201511031,98242.892.93$98,576
Feb 2015029,25844.662.98$87,077
Jan 2015033,53443.433.10$103,977
Dec 2014034,82354.693.59$125,062
Nov 2014033,89970.464.25$144,133
Oct 2014036,31678.303.90$141,667
Sep 2014036,21386.164.05$146,498
Aug 2014038,65489.394.04$155,974
Jul 2014540,18396.564.18$168,432
Jun 201411539,39798.164.74$197,907
May 2014043,35294.734.73$204,906
Apr 2014042,15195.944.81$202,709
Mar 2014049,95395.895.06$252,602
Feb 201418347,40097.406.19$311,325
Jan 2014056,38290.404.86$274,057
Dec 2013063,88291.824.35$278,173
Nov 201314970,61988.853.74$277,232
Oct 2013087,98297.423.78$332,516
Sep 2013020,435104.113.72$75,972

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               24,390 Mcf  × $  3.05 =    $74,288

────────────────────────────────────────────────────
Month total                                  $74,288

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/274979 is the state's own key, not one this site invented.