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 277849District 09Field 652802002 tax incentive programmesCondensateGasSaveExport
Value, all time
$7.8 M
Nov 2014 – May 2026
Value, last 12 filed months
$318 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 Gas112015-11-05215244
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
CondensateDisposition11,193 bbl$611,317
GasProduction2,326,124 Mcf$7,199,144
Total$7,810,462

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 33.3623, -97.4879. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

33.36234, -97.48786 · 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
8,011 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 8,011 ft.

Completions filed
Nov 2014
1 of 1 wells

1 well

42-497378293 H8,011 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 202604,749106.413.05$14,465
Apr 202601,98998.932.87$5,708
Mar 202602,83789.753.15$8,935
Feb 202608,67763.503.75$32,542
Jan 202608,32759.138.00$66,599
Dec 202508,19456.664.41$36,163
Nov 202506,59258.593.93$25,883
Oct 202507,45859.383.30$24,648
Sep 2025427,10462.743.08$24,494
Aug 202506,90963.933.01$20,829
Jul 202508,44066.743.32$27,980
Jun 2025807,95366.483.13$30,201
May 202508,65860.553.23$27,985
Apr 20251598,52562.363.54$40,120
Mar 202509,28867.704.27$39,644
Feb 202508,44370.884.34$36,650
Jan 202508,75674.324.28$37,464
Dec 202408,80668.993.12$27,487
Nov 202407,51469.052.20$16,519
Oct 202408,78371.372.28$20,038
Sep 202409,26269.612.36$21,899
Aug 202409,18375.632.06$18,950
Jul 202408,20679.932.15$17,615
Jun 202408,75678.082.63$23,063
May 202408,87778.812.20$19,516
Apr 20241828,40284.451.66$29,311
Mar 202409,58580.301.55$14,810
Feb 202408,55376.091.78$15,255
Jan 202409,88473.023.30$32,594
Dec 202309,81271.262.61$25,616
Nov 202309,40277.892.81$26,397
Oct 202309,65085.443.09$29,792
Sep 202309,29889.042.74$25,430
Aug 202309,32180.522.67$24,914
Jul 202309,07574.852.64$23,974
Jun 202309,01768.962.26$20,365
May 202309,70070.622.23$21,606
Apr 20231788,99678.122.24$34,036
Mar 202309,21572.852.39$22,053
Feb 202308,22375.112.47$20,275
Jan 202308,94776.533.39$30,310
Dec 202208,49776.415.73$48,680
Nov 202209,34985.005.65$52,786
Oct 202209,83587.185.86$57,670
Sep 2022010,37484.888.16$84,690
Aug 2022010,79394.529.13$98,509
Jul 2022010,397101.587.54$78,415
Jun 2022010,149115.097.98$80,961
May 2022010,887109.378.43$91,811
Apr 202219110,420104.226.84$91,154
Mar 2022011,039108.885.08$56,038
Feb 202209,64691.054.86$46,868
Jan 2022012,10181.844.54$54,910
Dec 2021011,84071.323.90$46,166
Nov 2021011,52177.435.24$60,334
Oct 2021011,48579.795.71$65,624
Sep 2021011,23769.865.35$60,128
Aug 2021010,78266.024.22$45,506
Jul 202117611,77770.783.98$59,354
Jun 2021012,12569.493.38$40,990
May 2021012,34363.483.02$37,247
Apr 2021012,59360.362.76$34,737
Mar 2021014,06161.302.72$38,203
Feb 2021010,98757.805.55$60,955
Jan 202118512,66650.412.81$44,921
Dec 2020013,19744.642.68$35,308
Nov 2020012,89338.772.71$34,896
Oct 2020014,04536.972.48$34,810
Sep 2020014,12137.091.99$28,115
Aug 2020014,48339.982.39$34,543
Jul 2020014,81938.371.83$27,046
Jun 2020015,58934.901.69$26,350
May 2020015,69216.921.81$28,477
Apr 2020015,71814.751.80$28,361
Mar 202018316,32130.341.86$35,848
Feb 2020015,37949.881.98$30,461
Jan 2020016,73257.252.09$35,049
Dec 2019016,08559.012.30$37,066
Nov 2019014,29655.302.75$39,324
Oct 201916416,66253.472.42$49,067
Sep 2019016,36855.052.66$43,494
Aug 2019016,69653.112.30$38,474
Jul 2019016,76956.272.46$41,253
Jun 2019016,74452.782.49$41,713
May 2019016,01258.482.74$43,878
Apr 2019011,51462.632.75$31,672
Mar 201917513,14256.803.06$50,182
Feb 2019013,10150.852.79$36,581
Jan 201918712,23546.033.23$48,104
Dec 2018011,63346.594.19$48,689
Nov 2018013,32252.934.24$56,449
Oct 201818815,22961.443.40$63,300
Sep 2018015,68359.543.11$48,743
Aug 2018014,47559.403.07$44,388
Jul 2018016,65765.142.93$48,836
Jun 201832819,22360.183.08$78,887
May 2018018,72465.382.90$54,315
Apr 2018020,37363.842.90$59,098
Mar 2018021,65061.222.79$60,335
Feb 2018018,25161.782.77$50,484
Jan 201817719,61562.874.01$89,771
Dec 2017022,76957.272.92$66,520
Nov 201717221,66855.423.12$77,101
Oct 2017021,71849.292.98$64,800
Sep 2017021,41847.523.09$66,123
Aug 201717821,34445.373.00$72,202
Jul 2017020,54443.873.09$63,425
Jun 2017021,96642.493.09$67,815
May 201718521,03745.373.26$77,046
Apr 2017019,28547.933.21$61,936
Mar 201718923,37446.772.98$78,580
Feb 2017019,19950.452.95$56,687
Jan 2017023,12649.413.42$79,063
Dec 201618116,68348.763.72$70,934
Nov 2016020,17942.492.64$53,360
Oct 201617423,95746.193.09$82,070
Sep 2016021,17841.553.10$65,665
Aug 201618824,40041.442.92$79,145
Jul 2016014,23941.622.92$41,640
Jun 2016020,51045.352.69$55,086
May 201618435,15342.521.99$77,815
Apr 2016030,95936.561.99$61,641
Mar 201618230,53633.011.79$60,790
Feb 201617731,27626.472.06$69,227
Jan 201619136,16527.352.36$90,731
Dec 2015031,71232.362.00$63,469
Nov 201518732,86938.792.17$78,492
Oct 201517237,49043.552.43$98,463
Sep 201516637,78542.992.76$111,363
Aug 201516040,67240.162.87$123,256
Jul 201517042,29248.152.95$132,739
Jun 201518042,67856.152.88$133,142
May 201517846,14955.212.96$146,218
Apr 201533847,21849.822.71$144,638
Mar 201555450,47242.892.93$171,882
Feb 201518746,48444.662.98$146,697
Jan 201573355,22443.433.10$203,063
Dec 20141,58164,80654.693.59$319,207
Nov 20141,99117,87270.464.25$216,275

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                4,749 Mcf  × $  3.05 =    $14,465

────────────────────────────────────────────────────
Month total                                  $14,465

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/277849 is the state's own key, not one this site invented.