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FITTS

Operated by BKV NORTH TEXAS, LLC (P-5 100345) 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 280862District 09Field 65280200CondensateGasSaveExport
Value, all time
$744 k
Sep 2016 – May 2026
Value, last 12 filed months
$0
at the published price for each month
Months reported
117
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”

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
CondensateDisposition555 bbl$27,552
GasProduction231,923 Mcf$716,430
Total$743,983

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 33.2479, -97.2055. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

33.24793, -97.20554 · 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
9,175 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 9,175 ft.

Completions filed
Mar 2007
1 of 1 wells

1 well

42-1213297319,175 ftMar 2007——

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 (117)

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

117 months

May 202600106.413.05$0
Apr 20260098.932.87$0
Mar 20260089.753.15$0
Feb 20260063.503.75$0
Jan 20260059.138.00$0
Dec 20250056.664.41$0
Nov 20250058.593.93$0
Oct 20250059.383.30$0
Sep 20250062.743.08$0
Aug 20250063.933.01$0
Jul 20250066.743.32$0
Jun 20250066.483.13$0
May 20250060.553.23$0
Apr 20250062.363.54$0
Mar 20250067.704.27$0
Feb 20250070.884.34$0
Jan 20250074.324.28$0
Dec 20240068.993.12$0
Nov 2024018169.052.20$398
Oct 202401171.372.28$25
Sep 2024044369.612.36$1,047
Aug 2024046975.632.06$968
Jul 2024026279.932.15$562
Jun 2024038278.082.63$1,006
May 2024027178.812.20$596
Apr 2024059284.451.66$982
Mar 2024048180.301.55$743
Feb 2024053076.091.78$945
Jan 2024049373.023.30$1,626
Dec 2023050271.262.61$1,311
Nov 2023049777.892.81$1,395
Oct 2023042485.443.09$1,309
Sep 2023025289.042.74$689
Aug 2023038480.522.67$1,026
Jul 2023017274.852.64$454
Jun 2023046668.962.26$1,052
May 2023012370.622.23$274
Apr 2023020378.122.24$454
Mar 2023052672.852.39$1,259
Feb 20230075.112.47$0
Jan 20230076.533.39$0
Dec 20220076.415.73$0
Nov 20220085.005.65$0
Oct 202206087.185.86$352
Sep 2022030984.888.16$2,523
Aug 2022063894.529.13$5,823
Jul 202214665101.587.54$6,438
Jun 20220263115.097.98$2,098
May 202200109.378.43$0
Apr 202200104.226.84$0
Mar 20220153108.885.08$777
Feb 2022019191.054.86$928
Jan 202204881.844.54$218
Dec 2021056871.323.90$2,215
Nov 2021046577.435.24$2,435
Oct 2021051279.795.71$2,926
Sep 2021074369.865.35$3,976
Aug 2021095966.024.22$4,048
Jul 202101,02370.783.98$4,074
Jun 2021091069.493.38$3,076
May 2021061063.483.02$1,841
Apr 2021044660.362.76$1,230
Mar 2021068561.302.72$1,861
Feb 2021068457.805.55$3,795
Jan 2021056450.412.81$1,585
Dec 2020042444.642.68$1,134
Nov 2020029738.772.71$804
Oct 2020041136.972.48$1,019
Sep 2020018237.091.99$362
Aug 20200039.982.39$0
Jul 20200038.371.83$0
Jun 202001834.901.69$30
May 2020022016.921.81$399
Apr 202003714.751.80$67
Mar 2020034130.341.86$633
Feb 2020024449.881.98$483
Jan 2020038557.252.09$806
Dec 2019040459.012.30$931
Nov 2019038055.302.75$1,045
Oct 201901,02353.472.42$2,474
Sep 201904,48755.052.66$11,923
Aug 201903,83353.112.30$8,833
Jul 201904,02156.272.46$9,892
Jun 20191324,88552.782.49$19,136
May 201904,52758.482.74$12,405
Apr 201904,60562.632.75$12,667
Mar 201905,14256.803.06$15,745
Feb 201904,75950.852.79$13,288
Jan 201904,69746.033.23$15,163
Dec 2018033046.594.19$1,381
Nov 20180052.934.24$0
Oct 201801361.443.40$44
Sep 2018087059.543.11$2,704
Aug 201802,48159.403.07$7,608
Jul 201802,22365.142.93$6,518
Jun 201802,09460.183.08$6,443
May 201802,02765.382.90$5,880
Apr 201802,12863.842.90$6,173
Mar 201802,41361.222.79$6,725
Feb 201801,72861.782.77$4,780
Jan 201803,21962.874.01$12,906
Dec 201705,01557.272.92$14,651
Nov 201707,80555.423.12$24,339
Oct 201709,05849.292.98$27,026
Sep 20171098,94647.523.09$32,798
Aug 201709,11145.373.00$27,373
Jul 201709,22843.873.09$28,489
Jun 201709,02342.493.09$27,857
May 2017679,79945.373.26$35,018
Apr 201709,57747.933.21$30,757
Mar 2017929,99246.772.98$34,116
Feb 2017329,12750.452.95$28,563
Jan 2017010,73249.413.42$36,691
Dec 20166310,55748.763.72$42,374
Nov 20164610,09442.492.64$28,647
Oct 2016010,65146.193.09$32,914
Sep 2016010,20041.553.10$31,626

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.

Nov 2024 — as filed, then multipliedworked
Condensate             0 bbl  × $ 69.05 =         $0
Gas                  181 Mcf  × $  2.20 =       $398

────────────────────────────────────────────────────
Month total                                     $398

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/280862 is the state's own key, not one this site invented.