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 277869District 09Field 652802002 tax incentive programmesCondensateGasSaveExport
Value, all time
$6.6 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 Gas112015-11-05215506
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
CondensateDisposition7,805 bbl$407,244
GasProduction2,025,361 Mcf$6,226,281
Total$6,633,525

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 33.3638, -97.4856. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

33.36378, -97.48562 · 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
8,084 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 8,084 ft.

Completions filed
Nov 2014
1 of 1 wells

1 well

42-497378324 H8,084 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 2026011,549106.413.05$35,176
Apr 202607,23598.932.87$20,762
Mar 202604,88489.753.15$15,382
Feb 202605,25863.503.75$19,719
Jan 202604,58659.138.00$36,678
Dec 202507,48656.664.41$33,038
Nov 202509,33158.593.93$36,638
Oct 202504,37459.383.30$14,455
Sep 202527,44362.743.08$23,027
Aug 202508,72363.933.01$26,298
Jul 202508,73866.743.32$28,968
Jun 2025707,51666.483.13$28,169
May 202507,75960.553.23$25,080
Apr 20251868,58962.363.54$42,031
Mar 202507,35267.704.27$31,381
Feb 202503,38370.884.34$14,685
Jan 202509,43874.324.28$40,382
Dec 202407,54568.993.12$23,551
Nov 202409,52069.052.20$20,929
Oct 202409,86371.372.28$22,501
Sep 202409,36769.612.36$22,147
Aug 202409,84775.632.06$20,321
Jul 202409,96179.932.15$21,382
Jun 202409,95078.082.63$26,208
May 2024010,79178.812.20$23,723
Apr 2024010,44984.451.66$17,337
Mar 2024010,62280.301.55$16,412
Feb 202409,54976.091.78$17,032
Jan 2024010,63673.023.30$35,074
Dec 2023010,16371.262.61$26,533
Nov 2023010,20077.892.81$28,637
Oct 2023011,11485.443.09$34,312
Sep 2023012,83389.042.74$35,099
Aug 2023011,42080.522.67$30,524
Jul 202309,99874.852.64$26,413
Jun 202308,68668.962.26$19,617
May 202307,04670.622.23$15,694
Apr 202307,70778.122.24$17,246
Mar 20231598,41172.852.39$31,712
Feb 202307,39675.112.47$18,236
Jan 202307,24876.533.39$24,554
Dec 202207,86376.415.73$45,048
Nov 202208,50085.005.65$47,993
Oct 202208,25087.185.86$48,376
Sep 202207,57084.888.16$61,799
Aug 202208,23494.529.13$75,153
Jul 2022013,247101.587.54$99,910
Jun 202215910,222115.097.98$99,842
May 202209,015109.378.43$76,024
Apr 202205,949104.226.84$40,677
Mar 202208,532108.885.08$43,312
Feb 202209,20391.054.86$44,716
Jan 202205,19381.844.54$23,564
Dec 202104,49371.323.90$17,519
Nov 202102,73877.435.24$14,339
Oct 202105,63379.795.71$32,186
Sep 202108,50269.865.35$45,494
Aug 202106,59366.024.22$27,826
Jul 20211776,76570.783.98$39,467
Jun 2021041569.493.38$1,403
May 2021010,23663.483.02$30,889
Apr 2021010,45860.362.76$28,848
Mar 2021011,75461.302.72$31,935
Feb 202106,99157.805.55$38,786
Jan 2021010,60150.412.81$29,792
Dec 2020010,98544.642.68$29,390
Nov 202017111,41538.772.71$37,525
Oct 2020012,05936.972.48$29,887
Sep 2020012,00537.091.99$23,902
Aug 2020012,16239.982.39$29,008
Jul 2020010,77938.371.83$19,673
Jun 2020012,25834.901.69$20,720
May 2020013,70316.921.81$24,868
Apr 2020014,39414.751.80$25,972
Mar 2020010,94930.341.86$20,324
Feb 202018413,81649.881.98$36,543
Jan 2020015,93057.252.09$33,369
Dec 2019016,44659.012.30$37,898
Nov 2019012,34955.302.75$33,968
Oct 2019014,78053.472.42$35,746
Sep 2019014,19655.052.66$37,723
Aug 2019015,42053.112.30$35,533
Jul 2019014,01056.272.46$34,465
Jun 201917414,91452.782.49$46,337
May 2019011,39858.482.74$31,234
Apr 201907,05862.632.75$19,414
Mar 201906,38456.803.06$19,548
Feb 201907,79750.852.79$21,771
Jan 2019014,09746.033.23$45,508
Dec 201817414,25246.594.19$67,758
Nov 2018011,07252.934.24$46,915
Oct 2018013,07361.443.40$44,423
Sep 2018014,69859.543.11$45,681
Aug 201818012,19259.403.07$48,080
Jul 2018016,14465.142.93$47,332
Jun 2018016,55960.183.08$50,951
May 2018016,94665.382.90$49,157
Apr 201818117,19463.842.90$61,431
Mar 2018017,44861.222.79$48,625
Feb 201815712,73861.782.77$44,934
Jan 2018016,62362.874.01$66,647
Dec 201718218,55357.272.92$64,626
Nov 2017017,95255.423.12$55,981
Oct 201718619,43249.292.98$67,147
Sep 2017019,43347.523.09$59,995
Aug 2017020,58645.373.00$61,849
Jul 201718419,34943.873.09$67,808
Jun 2017021,15242.493.09$65,302
May 2017017,09645.373.26$55,791
Apr 201718419,86047.933.21$72,602
Mar 2017019,82946.772.98$59,163
Feb 2017020,40650.452.95$60,251
Jan 201718222,66449.413.42$86,476
Dec 2016021,81348.763.72$81,206
Nov 201618519,50042.492.64$59,425
Oct 2016020,30646.193.09$62,751
Sep 2016019,48841.553.10$60,425
Aug 201618120,47041.442.92$67,362
Jul 2016025,66141.622.92$75,041
Jun 201617125,18345.352.69$75,392
May 2016026,66842.521.99$53,097
Apr 201616925,27336.561.99$56,498
Mar 201615525,80633.011.79$51,413
Feb 20160026.472.06$0
Jan 2016114,09027.352.36$33,341
Dec 201518727,11232.362.00$60,314
Nov 2015027,81038.792.17$60,273
Oct 201517924,86843.552.43$68,140
Sep 201517326,26942.992.76$79,898
Aug 2015034,23640.162.87$98,343
Jul 201516336,52648.152.95$115,420
Jun 201516938,22356.152.88$119,681
May 201533342,84255.212.96$145,002
Apr 201518245,01249.822.71$130,895
Mar 201551742,68042.892.93$147,428
Feb 201517245,68544.662.98$143,649
Jan 201555056,91543.433.10$200,359
Dec 20141,06569,66854.693.59$308,448
Nov 20143617,77970.464.25$58,511

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               11,549 Mcf  × $  3.05 =    $35,176

────────────────────────────────────────────────────
Month total                                  $35,176

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/277869 is the state's own key, not one this site invented.