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Texas gas well

Producing

STEPHENS B UNIT

Stephens B Unit is a gas well in Wise County, Texas, operated by BKV Barnett II, LLC in the Newark, East (Barnett Shale) field.

1 well

30,821mcf gas, last 12 months−35% vs prior year
RRC lease
09-255466

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Where it sits

This county

Wise CountyWiseJackClayCookeMontagueDentonWise County
Wise County
Oil, last 12 months
183 bbl
Gas in Jul 2026
3,281 mcf

Checks stopped on this lease?

  • Operator

    Operator changed: BKV Barnett II, LLC took over from Bedrock Production, LLC in Sep 2025.

  • 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 fell 35% over the last 12 months

  • Gas (bars)
  • Oil (line)
  • Last 12 months
Gas output fell 35% over the last 12 monthsMonthly gas production and oil for STEPHENS B UNIT, Aug 2023 to Jul 2026. Gas output fell 35% over the last 12 months. 30,821 mcf in the 12 months through Jul 2026, against 47,501 mcf in the 12 months before.Last 12 months: 30,821 mcfmcf per monthbbl per month002,000254,000506,000758,00010010k125Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Gas output fell 35% over the last 12 monthsMonthly gas production and oil for STEPHENS B UNIT, Aug 2023 to Jul 2026. Gas output fell 35% over the last 12 months. 30,821 mcf in the 12 months through Jul 2026, against 47,501 mcf in the 12 months before.Last 12 monthsmcf per monthbbl per month002,000254,000506,000758,00010010k125Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

All of the gas went to a transmission line in the last 12 months

  • Transmission line (2)
  • Lease fuel (1)
All of the gas went to a transmission line in the last 12 monthsShare of STEPHENS B UNIT gas by disposition code each month, Aug 2023 to Jul 2026. All of the gas went to a transmission line in the last 12 months.Share of the lease’s gas by disposition code, per month0%50%100%Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
All of the gas went to a transmission line in the last 12 monthsShare of STEPHENS B UNIT gas by disposition code each month, Aug 2023 to Jul 2026. All of the gas went to a transmission line in the last 12 months.Share of gas by disposition code0%50%100%Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Who has run this lease

The operator changed once, most recently in Sep 2025

Operators of this lease over timeBedrock Production, LLC, Jan 2020 to Aug 2025; BKV Barnett II, LLC, Sep 2025 to Jul 20262020202120222023202420252026Changed Sep 2025Bedrock Production, LLCJan 2020 to Aug 2025BKV Barnett II, LLCSep 2025 to now
Operators of this lease over timeBedrock Production, LLC, Jan 2020 to Aug 2025; BKV Barnett II, LLC, Sep 2025 to Jul 20262020202120222023202420252026Changed Sep 2025Bedrock Production, LLCJan 2020 to Aug 2025BKV Barnett II, LLCSep 2025 to now

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

1 well on this lease

Wells on STEPHENS B UNIT
API numberWell no.Status
42-497-369761HShut-in

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–
Targa Midstream Services LLCGas-well gasGathers100Oct 1, 2011–
Concord Crude Oil Marketing LLCGas-well gasBuys100Sep 29, 2025Jun 1, 2026
Targa Midstream Services LLCGas-well gasBuys100Nov 1, 2023Sep 29, 2025
Gulfmark Energy, Inc.CondensateGathers100Oct 1, 2018Nov 1, 2023
Targa Midstream Services LLCGas-well gasBuys100Oct 1, 2011Nov 1, 2023

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

212.59 acres on the newest permit

  • Good to know

    A pooling certificate (P-12) was filed

    Your tract may share its production with neighbors in a pooled unit. The unit acres the operator uses to divide production can differ from the acreage on one permit.

  • 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 Stephens B Unit
API numberWell no.Acreson the permit
42-497-369761H212.59

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

What BKV Corporation told investors it received

BKV Barnett II, 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 STEPHENS B UNIT
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 2026BKV Barnett003,2813,2810$80.46$2.89
Jun 2026BKV Barnett10134000$84.81$3.15
May 2026BKV Barnett8001,0031,0030$102.13$2.94
Apr 2026BKV Barnett9304,5374,5370$100.32$2.77
Mar 2026BKV Barnett001,4491,4490$91.38$3.04
Feb 2026BKV Barnett001761760$64.51$3.62
Jan 2026BKV Barnett008238230$60.04$7.72
Dec 2025BKV Barnett003,2463,2460$57.97$4.26
Nov 2025BKV Barnett004,1764,1760$60.06$3.79
Oct 2025BKV Barnett003,9633,9630$60.89$3.19
Sep 2025BKV Barnett043,4703,4700$63.96$2.97
Aug 2025Bedrock Production,004,6974,6970$64.86$2.91
Jul 2025Bedrock Production,004,4224,4220$68.39$3.20
Jun 2025Bedrock Production,203,9983,9980$68.17$3.02
May 2025Bedrock Production,43793,7363,6840$62.17$3.12
Apr 2025Bedrock Production,1121884,1574,1030$63.54$3.42
Mar 2025Bedrock Production,5203,0863,0390$68.24$4.12
Feb 2025Bedrock Production,002,0882,0540$71.53$4.19
Jan 2025Bedrock Production,003,7353,6800$75.74$4.13
Dec 2024Bedrock Production,004,6694,6120$70.12$3.01
Nov 2024Bedrock Production,103,9233,8680$69.95$2.12
Oct 2024Bedrock Production,004,4854,4310$71.99$2.20
Sep 2024Bedrock Production,004,5544,4980$70.24$2.28
Aug 2024Bedrock Production,204,6484,5910$76.68$1.99
Jul 2024Bedrock Production,804,9084,8490$81.80$2.07
Jun 2024Bedrock Production,004,5564,5010$79.77$2.54
May 2024Bedrock Production,1004,7044,7040$80.02$2.12
Apr 2024Bedrock Production,1003,7353,7350$85.35$1.60
Mar 2024Bedrock Production,1201,3271,3270$81.28$1.49
Feb 2024Bedrock Production,00000$77.25$1.72
Jan 2024Bedrock Production,002312310$74.15$3.18
Dec 2023Bedrock Production,1605,9195,9190$71.90$2.52
Nov 2023Bedrock Production,306,7836,7830$77.69$2.71
Oct 2023Bedrock Production,007,1627,0080$85.64$2.98
Sep 2023Bedrock Production,007,2376,9310$89.43$2.64
Aug 2023Bedrock Production,006,5026,4140$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 Barnett II, LLC in Wise County

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Newark, East (Barnett Shale) field

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