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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

27,749mcf gas, last 12 months+13% vs prior year
Operator
BKV North Texas, LLC
County
Wise County
Field
Newark, East (Barnett Shale)
RRC lease
09-269904

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Where it sits

This county

Wise CountyWiseJackClayCookeMontagueDentonWise County
Wise County
Oil, last 12 months
30 bbl
Gas in Jul 2026
2,588 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 13% over the last 12 months

  • Gas (bars)
  • Oil (line)
  • Last 12 months
Gas output rose 13% over the last 12 monthsMonthly gas production and oil for R E PETTY UNIT, Aug 2023 to Jul 2026. Gas output rose 13% over the last 12 months. 27,749 mcf in the 12 months through Jul 2026, against 24,636 mcf in the 12 months before.Last 12 months: 27,749 mcfmcf per monthbbl per month001,000102,000203,000304,000405,00050Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Gas output rose 13% over the last 12 monthsMonthly gas production and oil for R E PETTY UNIT, Aug 2023 to Jul 2026. Gas output rose 13% over the last 12 months. 27,749 mcf in the 12 months through Jul 2026, against 24,636 mcf in the 12 months before.Last 12 monthsmcf per monthbbl per month001,000102,000203,000304,000405,00050Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

Since May 2025 the lease's gas goes to a transmission line instead of lease fuel

  • Transmission line (2)
  • Lease fuel (1)
Since May 2025 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 May 2025 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 2025: fuel to lineOct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Since May 2025 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 May 2025 the lease's gas goes to a transmission line instead of lease fuel.Share of gas by disposition code0%50%100%May 25: fuel to lineJan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

  • Transmission line (2)

    90% · 24,958 mcf

  • Lease fuel (1)

    10% · 2,791 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
42-497-372577HActive

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 LPCondensateGathers100Apr 7, 2013Jun 30, 2022
Barnett Gathering, LLCGas-well gasGathers100Apr 7, 2013Jun 30, 2022
Cross Timbers Energy Servcs, INCGas-well gasBuys100Apr 7, 2013Jun 30, 2022

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

Who buys my oilOil price check

300 acres on the newest permit

Check your decimal on this lease
Permits for R E Petty Unit
API numberWell no.Acreson the permit
42-497-372577H300

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

Unit decimal checker

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 North002,5882,2580$80.46$2.89
Jun 2026BKV North003,0182,7440$84.81$3.15
May 2026BKV North023,2292,9730$102.13$2.94
Apr 2026BKV North013,2433,0000$100.32$2.77
Mar 2026BKV North201,6651,4520$91.38$3.04
Feb 2026BKV North012,0521,8330$64.51$3.62
Jan 2026BKV North0202,0341,8740$60.04$7.72
Dec 2025BKV North2872,3262,1560$57.97$4.26
Nov 2025BKV North002,0121,8210$60.06$3.79
Oct 2025BKV North001,4861,3250$60.89$3.19
Sep 2025BKV North001,2109390$63.96$2.97
Aug 2025BKV North002,8862,5830$64.86$2.91
Jul 2025BKV North003,2833,0430$68.39$3.20
Jun 2025BKV North003,3833,1470$68.17$3.02
May 2025BKV North007325470$62.17$3.12
Apr 2025BKV North003821650$63.54$3.42
Mar 2025BKV North001,3981,1850$68.24$4.12
Feb 2025BKV North002,4922,2870$71.53$4.19
Jan 2025BKV North003,1592,8810$75.74$4.13
Dec 2024BKV North003,0952,9060$70.12$3.01
Nov 2024BKV North002,8632,6780$69.95$2.12
Oct 2024BKV North003,0522,8230$71.99$2.20
Sep 2024BKV North004662940$70.24$2.28
Aug 2024BKV North00331470$76.68$1.99
Jul 2024BKV North001,8501,6200$81.80$2.07
Jun 2024BKV North002,5232,2680$79.77$2.54
May 2024BKV North003,7173,4480$80.02$2.12
Apr 2024BKV North004,0113,7600$85.35$1.60
Mar 2024BKV North004,2053,9560$81.28$1.49
Feb 2024BKV North003,1602,9850$77.25$1.72
Jan 2024BKV North003,6103,4060$74.15$3.18
Dec 2023BKV North004,3624,1550$71.90$2.52
Nov 2023BKV North033,4563,2780$77.69$2.71
Oct 2023BKV North002,5292,2880$85.64$2.98
Sep 2023BKV North001,9581,8450$89.43$2.64
Aug 2023BKV North003,8133,6570$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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This lease belongs to

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

BKV North Texas, LLC in Wise County

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Newark, East (Barnett Shale) field

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