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 277868District 09Field 652802002 tax incentive programmesCondensateGasSaveExport
Value, all time
$8.0 M
Nov 2014 – May 2026
Value, last 12 filed months
$341 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 Gas112015-11-05215243
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
CondensateDisposition13,018 bbl$718,471
GasProduction2,378,748 Mcf$7,303,817
Total$8,022,288

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 33.3647, -97.4848. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

33.36473, -97.48475 · 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
8,114 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 8,114 ft.

Completions filed
Nov 2014
1 of 1 wells

1 well

42-497378275 H8,114 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 202605,080106.413.05$15,473
Apr 202607,53098.932.87$21,609
Mar 202603,16889.753.15$9,977
Feb 202604,70363.503.75$17,638
Jan 202607,87759.138.00$63,000
Dec 202509,00856.664.41$39,756
Nov 202506,12458.593.93$24,046
Oct 202509,88159.383.30$32,655
Sep 2025528,27462.743.08$28,721
Aug 202509,15463.933.01$27,597
Jul 202509,23966.743.32$30,629
Jun 2025767,95866.483.13$29,951
May 202507,99860.553.23$25,852
Apr 20251738,35762.363.54$40,398
Mar 202509,94267.704.27$42,436
Feb 202509,10370.884.34$39,515
Jan 202508,74674.324.28$37,421
Dec 202409,95768.993.12$31,079
Nov 202408,61569.052.20$18,940
Oct 202407,66171.372.28$17,478
Sep 202408,76069.612.36$20,712
Aug 202409,30175.632.06$19,194
Jul 202407,87979.932.15$16,913
Jun 202408,37078.082.63$22,046
May 202409,99678.812.20$21,976
Apr 20241829,81684.451.66$31,657
Mar 2024010,11980.301.55$15,635
Feb 202409,35576.091.78$16,686
Jan 2024010,60973.023.30$34,985
Dec 2023010,88571.262.61$28,418
Nov 2023010,90377.892.81$30,611
Oct 2023011,35085.443.09$35,041
Sep 202306989.042.74$189
Aug 202304,46580.522.67$11,934
Jul 2023010,04374.852.64$26,532
Jun 2023010,89368.962.26$24,602
May 2023011,76670.622.23$26,208
Apr 202317710,67378.122.24$37,711
Mar 202309,92572.852.39$23,752
Feb 202309,43475.112.47$23,261
Jan 2023011,09176.533.39$37,573
Dec 2022012,16276.415.73$69,677
Nov 202218111,27385.005.65$79,035
Oct 2022011,01187.185.86$64,566
Sep 2022012,21384.888.16$99,703
Aug 202209,20394.529.13$83,997
Jul 202206,809101.587.54$51,354
Jun 202205,723115.097.98$45,654
May 202208,402109.378.43$70,854
Apr 202209,062104.226.84$61,962
Mar 202208,742108.885.08$44,378
Feb 202208,19791.054.86$39,828
Jan 202206,56381.844.54$29,781
Dec 2021011,90771.323.90$46,427
Nov 202118310,58277.435.24$69,586
Oct 202109,89379.795.71$56,527
Sep 2021011,67069.865.35$62,445
Aug 202109,84066.024.22$41,531
Jul 2021012,77570.783.98$50,871
Jun 2021013,75169.493.38$46,487
May 2021013,13363.483.02$39,631
Apr 2021013,22160.362.76$36,469
Mar 202117014,93761.302.72$51,004
Feb 202108,12057.805.55$45,049
Jan 2021013,44750.412.81$37,790
Dec 2020013,26244.642.68$35,482
Nov 2020012,87838.772.71$34,855
Oct 2020013,99336.972.48$34,681
Sep 2020013,56637.091.99$27,010
Aug 2020015,08239.982.39$35,972
Jul 2020015,43238.371.83$28,165
Jun 202018316,27134.901.69$33,890
May 2020015,93816.921.81$28,923
Apr 2020014,86314.751.80$26,819
Mar 2020016,20930.341.86$30,088
Feb 202016414,43049.881.98$36,761
Jan 2020015,69657.252.09$32,879
Dec 2019014,59059.012.30$33,621
Nov 2019012,82655.302.75$35,280
Oct 2019015,65253.472.42$37,855
Sep 2019016,55855.052.66$43,999
Aug 201917517,45553.112.30$49,517
Jul 2019018,20756.272.46$44,790
Jun 2019018,24152.782.49$45,442
May 2019018,69358.482.74$51,225
Apr 2019016,82762.632.75$46,286
Mar 201917517,12456.803.06$62,375
Feb 2019015,21550.852.79$42,484
Jan 201918614,81046.033.23$56,371
Dec 2018014,89646.594.19$62,346
Nov 201818716,32952.934.24$79,088
Oct 2018017,19961.443.40$58,444
Sep 201818616,77359.543.11$63,205
Aug 2018017,09659.403.07$52,426
Jul 2018017,08765.142.93$50,097
Jun 2018018,07560.183.08$55,615
May 201816718,84465.382.90$65,581
Apr 201817219,39963.842.90$67,253
Mar 20181720,66961.222.79$58,642
Feb 2018017,34461.782.77$47,976
Jan 201818118,10462.874.01$83,964
Dec 2017019,96657.272.92$58,331
Nov 201718519,54755.423.12$71,207
Oct 2017017,73449.292.98$52,913
Sep 2017018,78047.523.09$57,979
Aug 201718719,76245.373.00$67,857
Jul 2017020,52343.873.09$63,360
Jun 2017019,88242.493.09$61,381
May 201718521,50645.373.26$78,576
Apr 2017022,71647.933.21$72,955
Mar 201717423,89246.772.98$79,424
Feb 2017021,93050.452.95$64,751
Jan 201719224,55849.413.42$93,446
Dec 201618826,68548.763.72$108,511
Nov 2016025,64142.492.64$67,804
Oct 201617125,41946.193.09$86,450
Sep 2016022,32541.553.10$69,222
Aug 201618527,06541.442.92$86,814
Jul 2016028,53141.622.92$83,434
Jun 201618728,00545.352.69$83,697
May 201618729,33142.521.99$66,350
Apr 2016028,60136.561.99$56,946
Mar 201618829,03833.011.79$58,300
Feb 201618131,51926.472.06$69,835
Jan 201618035,59127.352.36$89,073
Dec 201518634,78932.362.00$75,646
Nov 201517636,31938.792.17$85,542
Oct 201517240,18143.552.43$104,993
Sep 201518139,27842.992.76$116,126
Aug 201515541,25140.162.87$124,718
Jul 201517842,38248.152.95$133,389
Jun 201518042,28656.152.88$132,012
May 201535646,65655.212.96$157,544
Apr 201534742,82349.822.71$133,191
Mar 201554551,22842.892.93$173,714
Feb 201518241,71544.662.98$132,280
Jan 201572852,77043.433.10$195,237
Dec 20141,40758,39154.693.59$286,652
Nov 20142,84827,78670.464.25$318,812

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                5,080 Mcf  × $  3.05 =    $15,473

────────────────────────────────────────────────────
Month total                                  $15,473

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/277868 is the state's own key, not one this site invented.