STEPHENS B UNIT (AW)

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 277803District 09Field 652802002 tax incentive programmesCondensateGasSaveExport
Value, all time
$8.0 M
Nov 2014 – May 2026
Value, last 12 filed months
$241 k
at the published price for each month
Months reported
139
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 Gas112015-11-05215245
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
CondensateDisposition8,782 bbl$476,342
GasProduction2,392,694 Mcf$7,518,825
Total$7,995,167

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 33.3615, -97.4886. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

33.36153, -97.48863 · 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
8,063 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 8,063 ft.

Completions filed
Nov 2014
1 of 1 wells

1 well

42-497378282H8,063 ftNov 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 (139)

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

139 months

May 20260366106.413.05$1,115
Apr 2026013298.932.87$379
Mar 20260089.753.15$0
Feb 2026024563.503.75$919
Jan 202604,91959.138.00$39,342
Dec 202506,12156.664.41$27,014
Nov 202506,52258.593.93$25,608
Oct 202508,38459.383.30$27,708
Sep 2025438,15362.743.08$27,784
Aug 202509,71063.933.01$29,273
Jul 202507,68166.743.32$25,464
Jun 20251757,89366.483.13$36,329
May 202509,31260.553.23$30,099
Apr 202509,29362.363.54$32,926
Mar 2025010,31067.704.27$44,006
Feb 202509,33270.884.34$40,509
Jan 2025010,57774.324.28$45,256
Dec 2024011,01068.993.12$34,366
Nov 2024010,45169.052.20$22,976
Oct 2024010,56471.372.28$24,101
Sep 2024011,01369.612.36$26,039
Aug 2024011,48175.632.06$23,693
Jul 2024011,85079.932.15$25,437
Jun 2024011,48678.082.63$30,254
May 2024011,67078.812.20$25,656
Apr 2024011,45484.451.66$19,004
Mar 2024011,49380.301.55$17,758
Feb 20241879,89176.091.78$31,871
Jan 2024011,09373.023.30$36,581
Dec 2023011,32171.262.61$29,556
Nov 2023011,36577.892.81$31,908
Oct 2023011,98685.443.09$37,004
Sep 2023011,75689.042.74$32,153
Aug 2023011,58580.522.67$30,965
Jul 2023011,52474.852.64$30,444
Jun 2023010,71368.962.26$24,195
May 2023011,04070.622.23$24,591
Apr 2023011,08278.122.24$24,799
Mar 202315711,36872.852.39$38,643
Feb 2023010,20775.112.47$25,167
Jan 2023011,15076.533.39$37,773
Dec 2022011,60876.415.73$66,503
Nov 2022011,70085.005.65$66,061
Oct 2022011,99287.185.86$70,318
Sep 2022012,23784.888.16$99,899
Aug 202217812,58794.529.13$131,708
Jul 2022012,525101.587.54$94,465
Jun 2022011,606115.097.98$92,583
May 2022012,044109.378.43$101,568
Apr 2022012,027104.226.84$82,236
Mar 2022012,723108.885.08$64,587
Feb 2022011,78591.054.86$57,261
Jan 2022013,22981.844.54$60,029
Dec 202118113,35771.323.90$64,989
Nov 2021013,13077.435.24$68,760
Oct 2021013,63479.795.71$77,903
Sep 2021013,53069.865.35$72,398
Aug 2021013,54766.024.22$57,176
Jul 2021013,57870.783.98$54,069
Jun 2021013,56569.493.38$45,858
May 2021014,19863.483.02$42,845
Apr 2021013,87360.362.76$38,268
Mar 2021014,68261.302.72$39,890
Feb 2021012,30057.805.55$68,240
Jan 202118615,20150.412.81$52,095
Dec 2020013,97444.642.68$37,387
Nov 2020014,27538.772.71$38,636
Oct 2020015,50036.972.48$38,416
Sep 2020014,16737.091.99$28,207
Aug 2020015,31439.982.39$36,525
Jul 2020012,62238.371.83$23,037
Jun 2020017,46134.901.69$29,515
May 2020017,25516.921.81$31,314
Apr 2020017,71214.751.80$31,959
Mar 202017216,34130.341.86$35,551
Feb 2020016,44949.881.98$32,580
Jan 2020017,57757.252.09$36,819
Dec 2019016,95559.012.30$39,070
Nov 2019015,02455.302.75$41,327
Oct 2019017,77853.472.42$42,997
Sep 201917217,12855.052.66$54,982
Aug 2019018,40753.112.30$42,416
Jul 2019018,54556.272.46$45,622
Jun 2019017,39152.782.49$43,324
May 2019019,86558.482.74$54,436
Apr 2019117,39162.632.75$47,900
Mar 201919016,91356.803.06$62,581
Feb 2019015,77350.852.79$44,042
Jan 201918416,54846.033.23$61,889
Dec 2018016,16846.594.19$67,670
Nov 2018018,25052.934.24$77,330
Oct 201818214,55761.443.40$60,648
Sep 201805,31959.543.11$16,531
Aug 2018018,01559.403.07$55,244
Jul 2018021,03665.142.93$61,675
Jun 201816820,09660.183.08$71,944
May 2018020,66365.382.90$59,939
Apr 2018021,10563.842.90$61,221
Mar 201817522,03861.222.79$72,130
Feb 2018018,50761.782.77$51,193
Jan 201817821,84862.874.01$98,786
Dec 2017022,37657.272.92$65,372
Nov 201717720,65255.423.12$74,210
Oct 2017020,91949.292.98$62,416
Sep 2017022,95847.523.09$70,878
Aug 2017022,22345.373.00$66,767
Jul 201718422,21143.873.09$76,644
Jun 2017021,41142.493.09$66,102
May 2017017,78545.373.26$58,040
Apr 201707,77047.933.21$24,954
Mar 201718811,91346.772.98$44,337
Feb 2017020,05450.452.95$59,211
Jan 201718725,30749.413.42$95,759
Dec 2016034,37248.763.72$127,961
Nov 201618929,70142.492.64$86,570
Oct 2016029,52746.193.09$91,246
Sep 201618223,03841.553.10$78,994
Aug 2016028,20341.442.92$82,475
Jul 2016018,54341.622.92$54,226
Jun 201603045.352.69$81
May 20161569,65542.521.99$25,857
Apr 2016018,48536.561.99$36,804
Mar 201617729,35733.011.79$58,510
Feb 2016025,39726.472.06$52,410
Jan 201618228,08427.352.36$71,378
Dec 201518832,10432.362.00$70,337
Nov 2015032,94238.792.17$71,396
Oct 201517835,35943.552.43$93,553
Sep 201517036,11442.992.76$106,926
Aug 201513139,81840.162.87$119,638
Jul 201515640,89948.152.95$127,962
Jun 201515840,67156.152.88$126,121
May 201517242,89555.212.96$136,270
Apr 201531843,08149.822.71$132,445
Mar 201517046,07742.892.93$142,514
Feb 201533544,94444.662.98$148,723
Jan 201535359,85043.433.10$200,904
Dec 20141,06870,22154.693.59$310,598
Nov 20141,23415,62070.464.25$153,361

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                  366 Mcf  × $  3.05 =     $1,115

────────────────────────────────────────────────────
Month total                                   $1,115

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/277803 is the state's own key, not one this site invented.