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Texas gas well

Producing

MERLE T. WAGGONER (AW)

Merle T. Waggoner (Aw) is a gas well in Wise County, Texas, operated by BKV Barnett, LLC in the Newark, East (Barnett Shale) field.

1 well

67,474mcf gas, last 12 months−43% vs prior year
Operator
BKV Barnett, LLC
County
Wise County
Field
Newark, East (Barnett Shale)
RRC lease
09-275043

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Where it sits

This county

Wise CountyWiseJackClayCookeMontagueDentonWise County
Wise County
Gas in Jul 2026
3,463 mcf
Reporting since
Jan 2020

Checks stopped on this lease?

  • Buyer

    Buyer changed: BKV MARKETING, LLC replaced CONCORD CRUDE OIL MARKETING LLC as the buyer of this lease's gas from gas wells on Jun 1, 2026.

  • Sales

    Sales over the last 3 months fell to 15% of the 9 months before.

SourceRailroad Commission production, P-5 and P-4 records, data through Jul 2026.

See why checks stop on this lease

Production by month

Gas output fell 43% over the last 12 months

  • Gas (bars)
  • Oil (line)
  • Last 12 months
Gas output fell 43% over the last 12 monthsMonthly gas production and oil for MERLE T. WAGGONER (AW), Aug 2023 to Jul 2026. Gas output fell 43% over the last 12 months. 67,474 mcf in the 12 months through Jul 2026, against 117,791 mcf in the 12 months before.Last 12 months: 67,474 mcfmcf per monthbbl per month002,500205,000407,5006010k8012.5k100Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Gas output fell 43% over the last 12 monthsMonthly gas production and oil for MERLE T. WAGGONER (AW), Aug 2023 to Jul 2026. Gas output fell 43% over the last 12 months. 67,474 mcf in the 12 months through Jul 2026, against 117,791 mcf in the 12 months before.Last 12 monthsmcf per monthbbl per month002,500205,000407,5006010k8012.5k100Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

Since Jun 2026 the lease's gas goes to a transmission line instead of lease fuel

  • Transmission line (2)
  • Lease fuel (1)
Since Jun 2026 the lease's gas goes to a transmission line instead of lease fuelShare of MERLE T. WAGGONER (AW) gas by disposition code each month, Aug 2023 to Jul 2026. Since Jun 2026 the lease's gas goes to a transmission line instead of lease fuel.Share of the lease’s gas by disposition code, per month0%50%100%Jun 2026: fuel to lineOct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Since Jun 2026 the lease's gas goes to a transmission line instead of lease fuelShare of MERLE T. WAGGONER (AW) gas by disposition code each month, Aug 2023 to Jul 2026. Since Jun 2026 the lease's gas goes to a transmission line instead of lease fuel.Share of gas by disposition code0%50%100%Jun 26: fuel to lineJan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

  • Transmission line (2)

    99% · 77,286 mcf

  • Lease fuel (1)

    1.0% · 792 mcf

Who has run this lease

The operator changed once, most recently in Oct 2020

Operators of this lease over timeDevon Energy Production Co, L.P., Jan 2020 to Sep 2020; BKV Barnett, LLC, Oct 2020 to Jul 20262020202120222023202420252026Changed Oct 2020Devon Energy Production Co, L…Jan 2020 to Sep 2020BKV Barnett, LLCOct 2020 to now
Operators of this lease over timeDevon Energy Production Co, L.P., Jan 2020 to Sep 2020; BKV Barnett, LLC, Oct 2020 to Jul 20262020202120222023202420252026Changed Oct 2020Devon Energy Production Co, L.P.Jan 2020 to Sep 2020BKV Barnett, LLCOct 2020 to now

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

1 well on this lease

Wells on MERLE T. WAGGONER (AW)
API numberWell no.Status
42-497-377589HBActive

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%FromUntil
Ptt Premier Trading and Tran LLCCondensateGathers100Nov 1, 2023–
Bkv Marketing, LLCGas-well gasBuys100Jun 1, 2026–
Enlink Midstream Services, LLCGas-well gasGathers100May 10, 2014–
Concord Crude Oil Marketing LLCGas-well gasBuys100Apr 1, 2022Jun 1, 2026
Gulfmark Energy, Inc.CondensateGathers100Nov 1, 2018Nov 1, 2023
Devon Gas Services, L.p.Gas-well gasBuys100Jan 3, 2014Apr 1, 2022

SourceRailroad Commission Form P-4 file, Sep 24, 2026 (source).

Who buys my oilOil price check

616.35 acres on the newest permit

  • Worth asking

    An allocation well is on this lease

    A well drilled across several tracts shares its production by an allocation formula, so the decimal is not always your acres over the unit acres. Ask the operator for the allocation formula and the tract factor for your land.

  • Worth asking

    A Rule 37 case is listed

    The RRC permit records list a Rule 37 case. This does not establish your royalty share. Ask for the permit and unit plat for your well.

Check your decimal on this lease
Permits for Merle T. Waggoner (Aw)
API numberWell no.Acreson the permit
42-497-377589HB616.35

SourceRailroad Commission drilling permits, Oct 3, 2026 (source 1, source 2).

Unit decimal checker

What BKV Corporation told investors it received

BKV Barnett, LLC is linked to BKV Corporation (BKV).
Realized prices reported by BKV Corporation
QuarterOil$ per bblFiling
Q2 2026$86.91SEC filing
Q1 2026$70.87SEC filing
Q4 2025$52.61SEC filing
Q3 2025$59.62SEC filing
Q2 2025$57.66SEC filing
Q1 2025$65.28SEC filing

SourceBKV Corporation quarterly reports, SEC EDGAR, company-wide averages before hedging.

Estimate your royalty

36 months, newest first

Ledger for MERLE T. WAGGONER (AW)
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 2026BKV Barnett,003,4633,1860$80.46$2.89
Jun 2026BKV Barnett,0010100$84.81$3.15
May 2026BKV Barnett,00000$102.13$2.94
Apr 2026BKV Barnett,0016500$100.32$2.77
Mar 2026BKV Barnett,001,2449050$91.38$3.04
Feb 2026BKV Barnett,006,9046,9020$64.51$3.62
Jan 2026BKV Barnett,007,8277,8200$60.04$7.72
Dec 2025BKV Barnett,008,9388,9360$57.97$4.26
Nov 2025BKV Barnett,008,6938,6930$60.06$3.79
Oct 2025BKV Barnett,009,5809,5800$60.89$3.19
Sep 2025BKV Barnett,0010,04410,0440$63.96$2.97
Aug 2025BKV Barnett,0010,60610,6060$64.86$2.91
Jul 2025BKV Barnett,787810,60410,6040$68.39$3.20
Jun 2025BKV Barnett,0010,20010,2000$68.17$3.02
May 2025BKV Barnett,0010,24010,2400$62.17$3.12
Apr 2025BKV Barnett,009,8419,8380$63.54$3.42
Mar 2025BKV Barnett,009,4739,4710$68.24$4.12
Feb 2025BKV Barnett,008,4838,4740$71.53$4.19
Jan 2025BKV Barnett,0010,57610,4200$75.74$4.13
Dec 2024BKV Barnett,0010,90710,9070$70.12$3.01
Nov 2024BKV Barnett,0010,29610,2390$69.95$2.12
Oct 2024BKV Barnett,008,0017,8740$71.99$2.20
Sep 2024BKV Barnett,009,0569,0080$70.24$2.28
Aug 2024BKV Barnett,0010,11410,0510$76.68$1.99
Jul 2024BKV Barnett,0010,64010,5870$81.80$2.07
Jun 2024BKV Barnett,008,1268,1010$79.77$2.54
May 2024BKV Barnett,008,9918,9910$80.02$2.12
Apr 2024BKV Barnett,008,1618,1610$85.35$1.60
Mar 2024BKV Barnett,009,5479,5470$81.28$1.49
Feb 2024BKV Barnett,009,0109,0100$77.25$1.72
Jan 2024BKV Barnett,008,7378,7370$74.15$3.18
Dec 2023BKV Barnett,0010,02510,0250$71.90$2.52
Nov 2023BKV Barnett,009,3479,3470$77.69$2.71
Oct 2023BKV Barnett,009,1688,9650$85.64$2.98
Sep 2023BKV Barnett,008,9438,2530$89.43$2.64
Aug 2023BKV Barnett,0010,1269,2560$81.39$2.58

SourceTexas Railroad Commission Production Data Query, through Jul 2026. Prices: EIA, through Aug 2026. Updated Oct 2, 2026.

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Nearby

This lease belongs to

OperatorBKV Barnett, LLCFieldNewark, East (Barnett Shale)CountyWise County

BKV Barnett, LLC in Wise County

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Newark, East (Barnett Shale) field

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