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Royalty Clerk

Texas gas well

Producing

PEGGY UNIT

Peggy Unit is a gas well in Johnson County, Texas, operated by BKV North Texas, LLC in the Newark, East (Barnett Shale) field.

1 well

14,836mcf gas, last 12 months+358% vs prior year
RRC lease
09-255880

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Where it sits

This county

Johnson CountyJohnsonHoodHillEllisTarrantDallasParkerSomervellJohnson County
Johnson County
Gas in Jul 2026
3,905 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.

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

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Production by month

Gas output rose 358% over the last 12 months

  • Gas (bars)
  • Oil (line)
  • Last 12 months
Gas output rose 358% over the last 12 monthsMonthly gas production and oil for PEGGY UNIT, Aug 2023 to Jul 2026. Gas output rose 358% over the last 12 months. 14,836 mcf in the 12 months through Jul 2026, against 3,239 mcf in the 12 months before.Last 12 months: 14,836 mcfmcf per monthbbl per month002,00024,00046,00068,0008Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Gas output rose 358% over the last 12 monthsMonthly gas production and oil for PEGGY UNIT, Aug 2023 to Jul 2026. Gas output rose 358% over the last 12 months. 14,836 mcf in the 12 months through Jul 2026, against 3,239 mcf in the 12 months before.Last 12 monthsmcf per monthbbl per month002,00024,00046,00068,0008Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

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

  • Transmission line (2)
  • Lease fuel (1)
Since May 2026 the lease's gas goes to a transmission line instead of lease fuelShare of PEGGY UNIT gas by disposition code each month, Aug 2023 to Jul 2026. Since May 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%May 2026: fuel to lineOct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Since May 2026 the lease's gas goes to a transmission line instead of lease fuelShare of PEGGY UNIT gas by disposition code each month, Aug 2023 to Jul 2026. Since May 2026 the lease's gas goes to a transmission line instead of lease fuel.Share of gas by disposition code0%50%100%May 26: fuel to lineJan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

  • Transmission line (2)

    69% · 10,185 mcf

  • Lease fuel (1)

    31% · 4,651 mcf

Who has run this lease

The operator changed once, most recently in Jun 2022

Operators of this lease over timeXTO Energy Inc., Jan 2020 to May 2022; BKV North Texas, LLC, Jun 2022 to Jul 20262020202120222023202420252026Changed Jun 2022XTO Energy Inc.Jan 2020 to May 2022BKV North Texas, LLCJun 2022 to now
Operators of this lease over timeXTO Energy Inc., Jan 2020 to May 2022; BKV North Texas, LLC, Jun 2022 to Jul 20262020202120222023202420252026Changed Jun 2022XTO Energy Inc.Jan 2020 to May 2022BKV North Texas, LLCJun 2022 to now

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

1 well on this lease

Wells on PEGGY UNIT
API numberWell no.Status
42-251-33867B 3HActive

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%FromUntil
Energy Trans Crude Marketing LLCCondensateGathers100Jun 30, 2022–
Bkv Marketing, LLCGas-well gasBuys100Jun 1, 2026–
Williams Mlp Operating LLCGas-well gasGathers100Jun 30, 2022–
Concord Crude Oil Marketing LLCGas-well gasBuys100Jun 30, 2022Jun 1, 2026
Sunoco Ptnrs. Mktg.&terminals LPCondensateGathers100Nov 19, 2010Jun 30, 2022
Chesapeake Energy Mktg, L.l.c.Gas-well gasGathers100Sep 1, 2015Jun 30, 2022
Chesapeake Energy Mktg, L.l.c.Gas-well gasBuys100Sep 1, 2015Jun 30, 2022

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

413.85 acres on the newest permit

Permits for Peggy Unit
API numberWell no.Acreson the permit
42-251-33867B 3H413.85

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

What BKV Corporation told investors it received

BKV North Texas, 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 PEGGY UNIT
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 2026BKV North003,9053,5590$80.46$2.89
Jun 2026BKV North003,7363,3920$84.81$3.15
May 2026BKV North003,5943,2340$102.13$2.94
Apr 2026BKV North0034500$100.32$2.77
Mar 2026BKV North0041400$91.38$3.04
Feb 2026BKV North0037300$64.51$3.62
Jan 2026BKV North0032400$60.04$7.72
Dec 2025BKV North0041600$57.97$4.26
Nov 2025BKV North0044400$60.06$3.79
Oct 2025BKV North0046900$60.89$3.19
Sep 2025BKV North0041600$63.96$2.97
Aug 2025BKV North0040000$64.86$2.91
Jul 2025BKV North0036000$68.39$3.20
Jun 2025BKV North0036700$68.17$3.02
May 2025BKV North0037600$62.17$3.12
Apr 2025BKV North0026200$63.54$3.42
Mar 2025BKV North4430400$68.24$4.12
Feb 2025BKV North5518100$71.53$4.19
Jan 2025BKV North3320600$75.74$4.13
Dec 2024BKV North8822700$70.12$3.01
Nov 2024BKV North0028400$69.95$2.12
Oct 2024BKV North0021600$71.99$2.20
Sep 2024BKV North0020800$70.24$2.28
Aug 2024BKV North0024800$76.68$1.99
Jul 2024BKV North0028700$81.80$2.07
Jun 2024BKV North0028400$79.77$2.54
May 2024BKV North1129900$80.02$2.12
Apr 2024BKV North1129400$85.35$1.60
Mar 2024BKV North0029500$81.28$1.49
Feb 2024BKV North005,2214,9470$77.25$1.72
Jan 2024BKV North006,4226,0190$74.15$3.18
Dec 2023BKV North556,6156,2280$71.90$2.52
Nov 2023BKV North007,0406,6690$77.69$2.71
Oct 2023BKV North004,6654,0830$85.64$2.98
Sep 2023BKV North001,04900$89.43$2.64
Aug 2023BKV North335,7195,2920$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

BKV North Texas, LLC in Johnson County

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Newark, East (Barnett Shale) field

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