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Texas gas well

Producing

R E PETTY UNIT

R E Petty Unit is a gas well in Wise County, Texas, operated by BKV North Texas, LLC in the Newark, East (Barnett Shale) field.

1 well

26,455mcf gas, last 12 months+39% vs prior year
RRC lease
09-263896

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Where it sits

This county

Wise CountyWiseJackClayCookeMontagueDentonWise County
Wise County
Oil, last 12 months
115 bbl
Gas in Jul 2026
2,814 mcf

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 39% over the last 12 months

  • Gas (bars)
  • Oil (line)
  • Last 12 months
Gas output rose 39% over the last 12 monthsMonthly gas production and oil for R E PETTY UNIT, Aug 2023 to Jul 2026. Gas output rose 39% over the last 12 months. 26,455 mcf in the 12 months through Jul 2026, against 19,067 mcf in the 12 months before.Last 12 months: 26,455 mcfmcf per monthbbl per month001,000102,000203,000304,00040Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Gas output rose 39% over the last 12 monthsMonthly gas production and oil for R E PETTY UNIT, Aug 2023 to Jul 2026. Gas output rose 39% over the last 12 months. 26,455 mcf in the 12 months through Jul 2026, against 19,067 mcf in the 12 months before.Last 12 monthsmcf per monthbbl per month001,000102,000203,000304,00040Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

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

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

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

  • Transmission line (2)

    74% · 19,678 mcf

  • Lease fuel (1)

    26% · 6,777 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 R E PETTY UNIT
API numberWell no.Status
42-497-372555HActive

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–
Bkv Midstream, LLCGas-well gasGathers100Jun 30, 2022–
Concord Crude Oil Marketing LLCGas-well gasBuys100Jun 30, 2022Jun 1, 2026
Sunoco Ptnrs. Mktg.&terminals LPCondensateGathers100Jun 18, 2011Jun 30, 2022
Barnett Gathering, LLCGas-well gasGathers100Jul 1, 2012Jun 30, 2022
Cross Timbers Energy Servcs, INCGas-well gasBuys100Jun 18, 2011Jun 30, 2022

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

300 acres on the newest permit

Permits for R E Petty Unit
API numberWell no.Acreson the permit
42-497-372555H300

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 R E PETTY UNIT
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 2026BKV North002,8142,3040$80.46$2.89
Jun 2026BKV North002,3231,8080$84.81$3.15
May 2026BKV North0182,6542,0700$102.13$2.94
Apr 2026BKV North34342,6072,0420$100.32$2.77
Mar 2026BKV North3702,2371,7590$91.38$3.04
Feb 2026BKV North012,4121,8740$64.51$3.62
Jan 2026BKV North0201,3928340$60.04$7.72
Dec 2025BKV North287681330$57.97$4.26
Nov 2025BKV North0381,9871,3650$60.06$3.79
Oct 2025BKV North1699883090$60.89$3.19
Sep 2025BKV North002,8472,3050$63.96$2.97
Aug 2025BKV North003,5132,9750$64.86$2.91
Jul 2025BKV North003,2302,6300$68.39$3.20
Jun 2025BKV North003,6703,0930$68.17$3.02
May 2025BKV North0065500$62.17$3.12
Apr 2025BKV North0059600$63.54$3.42
Mar 2025BKV North0062700$68.24$4.12
Feb 2025BKV North0055200$71.53$4.19
Jan 2025BKV North00642800$75.74$4.13
Dec 2024BKV North002,4181,7670$70.12$3.01
Nov 2024BKV North002,5621,9340$69.95$2.12
Oct 2024BKV North002,9812,3700$71.99$2.20
Sep 2024BKV North0061500$70.24$2.28
Aug 2024BKV North0051900$76.68$1.99
Jul 2024BKV North001,1335350$81.80$2.07
Jun 2024BKV North001,0225700$79.77$2.54
May 2024BKV North002,8972,3470$80.02$2.12
Apr 2024BKV North003,3952,8640$85.35$1.60
Mar 2024BKV North003,5803,0230$81.28$1.49
Feb 2024BKV North001,7461,3510$77.25$1.72
Jan 2024BKV North002,5662,0660$74.15$3.18
Dec 2023BKV North002,9422,3380$71.90$2.52
Nov 2023BKV North002,3231,9180$77.69$2.71
Oct 2023BKV North1145500$85.64$2.98
Sep 2023BKV North009133000$89.43$2.64
Aug 2023BKV North002,3681,4410$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 Wise County

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Newark, East (Barnett Shale) field

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