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Texas oil lease

Shut in

VERNA COVINGTON W UNIT

Verna Covington W Unit is an oil lease in Wise County, Texas, operated by BKV Barnett II, LLC in the Newark, East (Barnett Shale) field.

1 well

0bbl oil, since Jan 2026
Operator
BKV Barnett II, LLC
County
Wise County
Field
Newark, East (Barnett Shale)
RRC lease
09-31244

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Where it sits

This county

Wise CountyWiseJackClayCookeMontagueDentonWise County
Wise County
Oil in Jul 2026
0 bbl
Reporting since
Jan 2026

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 oil wells on Jun 1, 2026.

  • Sales

    No sales reported for the last 12 months of state data (through Jul 2026).

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

See why checks stop on this lease

Production by month

No production to chart

The state shows zero oil and zero gas for all 7 months we hold (Jan 2026 to Jul 2026). A lease that is shut in or newly reported looks like this. The ledger below lists each month.

Where the gas went

No gas disposition reported for this lease

The operator has not reported where the gas went in the months we hold.

1 well on this lease

Wells on VERNA COVINGTON W UNIT
API numberWell no.Status
42-497-363561HShut-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 LLCOilGathers100Sep 29, 2025–
Bkv Marketing, LLCCasinghead gasBuys100Jun 1, 2026–
Targa Midstream Services LLCCasinghead gasGathers100Oct 1, 2011–
Concord Crude Oil Marketing LLCCasinghead gasBuys100Sep 29, 2025Jun 1, 2026
Targa Midstream Services LLCCasinghead gasBuys100Oct 1, 2011Sep 29, 2025
Energy Transfer Marketing & TermOilGathers100Dec 1, 2022Sep 29, 2025
Sunoco Ptnrs. Mktg.&terminals LPOilGathers100Oct 18, 2007Dec 1, 2022

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

Who buys my oilOil price check

313.77 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.

Check your decimal on this lease
Permits for Verna Covington W Unit
API numberWell no.Acreson the permit
42-497-363561H313.77

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

Unit decimal checker

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

7 months, newest first

Ledger for VERNA COVINGTON W UNIT
MonthOil producedbblOil soldbblWTI$/bblHenry Hub$/MMBtu
Jul 202600$80.46$2.89
Jun 202600$84.81$3.15
May 202600$102.13$2.94
Apr 202600$100.32$2.77
Mar 202600$91.38$3.04
Feb 202600$64.51$3.62
Jan 202600$60.04$7.72

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 II, LLCFieldNewark, East (Barnett Shale)CountyWise County

BKV Barnett II, LLC in Wise County

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Newark, East (Barnett Shale) field

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New drilling permits in Wise County

Newest in the county: this lease has no coordinates.