LIPSEY-TROXELL #1 UNIT

Operated by BKV NORTH TEXAS, LLC (P-5 100345) in the NEWARK, EAST (BARNETT SHALE) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 188351District 09Field 652802002 tax incentive programmesGasSaveExport
Value, all time
$12.3 M
Nov 2001 – May 2026
Value, last 12 filed months
$152 k
at the published price for each month
Months reported
295
no gaps in the span
Streams
1
gas

The Railroad Commission's own record for the field this lease produces from, including the spacing rule that governs how close together its wells may be drilled.

These are facts about the field, not about this lease. The field holds 21,881 leases and 22,468 wells, and the rule below applies to all of them.

Discovered
1981-10-15
as the register files it
Field class
Oil and gas
the register's own label
Between wells
0 ft
minimum
From a lease line
330 ft
minimum

A drilling unit in this field needs at least 20 acres. The field rule took effect on 2009-09-29.

The Commission's schedule remark for this field reads: DESIGNATED AS UFT FIELD PER DOCKET 01-0299858

Severance-tax incentive filings

Applications the operator filed to have this lease's gas taxed at a reduced state rate. A filing is an application, and this page never calls one a reduction that was granted.

ProgrammeFilingsWith an approval dateDatedDocket
High Cost Gas112002-08-20148412
NGPA1none

This says nothing about a royalty. A severance tax is charged to the operator. Whether a reduced rate reaches a royalty owner depends on the wording of the lease instrument, which is a private contract this site does not hold.

What this lease produced, and what it was worth

Oil and condensate are valued on the volume the state records as disposed of; gas and casinghead gas on the volume produced. They are different columns of different files, and the difference is not cosmetic.

StreamBasisVolumeValue
GasProduction2,577,870 Mcf$12,330,186
Total$12,330,186

Wells on this lease (1)

Every wellbore the Railroad Commission records against this lease key, with the depth, the last completion and the plug date exactly as filed. A well with no plug date is not stated to be producing — the state files no such flag.

These wells centre on 33.0042, -97.4779. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

33.00415, -97.47794 · centre of the wells drawn, derived

What these wells add up to

Every figure below is counted over all of this lease's wells, not over the rows listed above. The Railroad Commission files two facts about a well's state — a plug date and a proration-schedule flag — and a well can carry both, so they are published as separate counts and never merged into a status.

On the schedule
0.0%
0 of 1 wells
With a plug date
0.0%
0 of 1 wells
Median depth
7,238 ft
1 wells filed one
Completion to plug
no well filed both dates

What the state filed about each well

On the RRC proration schedule
00.0%
A plug date is filed
00.0%
BothOn the schedule and plugged. Neither fact cancels the other.
00.0%
NeitherNo plug date, and not on the schedule.
1100.0%

A plug date is the date the Commission recorded the wellbore as sealed with cement and abandoned. It is the only end-of-life fact Texas files. There is no "active" flag on a well, so this page does not print one — a well with no plug date is not stated to be producing.

How deep they were drilled

The one well that filed a depth was drilled to 7,238 ft.

Completions filed
Nov 2001
1 of 1 wells

1 well

42-4973474717,238 ftNov 2001

The API number is the state's, prefixed 42 for Texas. A well is matched to this lease by the lease key the Commission files on the wellbore record, so a well that has moved between leases appears under each one it was filed against.

Every month this lease reported (295)

Volume × price = value, one row per cycle. The price columns are the same series published on the prices page — nothing here is modelled.

295 months

May 20263,647106.413.05$11,108
Apr 20263,52298.932.87$10,107
Mar 20263,74889.753.15$11,804
Feb 20263,17263.503.75$11,896
Jan 20263,33059.138.00$26,633
Dec 20253,72856.664.41$16,453
Nov 20253,25158.593.93$12,765
Oct 20253,07759.383.30$10,169
Sep 20253,14662.743.08$9,680
Aug 20253,33863.933.01$10,063
Jul 20253,29966.743.32$10,937
Jun 20253,31366.483.13$10,365
May 20253,45360.553.23$11,161
Apr 20253,27962.363.54$11,618
Mar 20253,24067.704.27$13,829
Feb 20252,91570.884.34$12,654
Jan 20253,90674.324.28$16,713
Dec 20243,84068.993.12$11,986
Nov 20243,44069.052.20$7,563
Oct 20243,50271.372.28$7,989
Sep 20243,47269.612.36$8,209
Aug 20243,58675.632.06$7,400
Jul 20244,32179.932.15$9,275
Jun 20244,37578.082.63$11,524
May 20244,37578.812.20$9,618
Apr 20244,37584.451.66$7,259
Mar 20245,62280.301.55$8,687
Feb 20244,11076.091.78$7,331
Jan 20244,64973.023.30$15,331
Dec 20234,21671.262.61$11,007
Nov 20234,50077.892.81$12,634
Oct 20234,37985.443.09$13,519
Sep 20233,84189.042.74$10,505
Aug 20235,46880.522.67$14,615
Jul 20235,25374.852.64$13,877
Jun 20235,27868.962.26$11,920
May 20236,31970.622.23$14,075
Apr 20236,01478.122.24$13,458
Mar 20236,26272.852.39$14,986
Feb 20235,73175.112.47$14,131
Jan 20236,32876.533.39$21,437
Dec 20226,25776.415.73$35,847
Nov 20226,03785.005.65$34,086
Oct 20225,83987.185.86$34,238
Sep 20225,85284.888.16$47,774
Aug 20226,11394.529.13$55,794
Jul 20225,097101.587.54$38,442
Jun 20224,855115.097.98$38,729
May 20225,206109.378.43$43,902
Apr 20225,559104.226.84$38,010
Mar 20226,051108.885.08$30,717
Feb 20224,18491.054.86$20,329
Jan 20225,54481.844.54$25,157
Dec 20215,18571.323.90$20,217
Nov 20215,13477.435.24$26,886
Oct 20215,47279.795.71$31,266
Sep 20215,03769.865.35$26,953
Aug 20215,35866.024.22$22,614
Jul 20215,10070.783.98$20,309
Jun 20215,41869.493.38$18,316
May 20216,11863.483.02$18,462
Apr 20215,88460.362.76$16,231
Mar 20215,73961.302.72$15,593
Feb 20214,55957.805.55$25,293
Jan 20215,94850.412.81$16,715
Dec 20205,89344.642.68$15,766
Nov 20205,96738.772.71$16,150
Oct 20206,47636.972.48$16,050
Sep 20206,27137.091.99$12,486
Aug 20206,34439.982.39$15,131
Jul 20206,67938.371.83$12,190
Jun 20205,44434.901.69$9,202
May 20206,65116.921.81$12,070
Apr 20206,63414.751.80$11,970
Mar 20207,04130.341.86$13,070
Feb 20206,71049.881.98$13,290
Jan 20207,10657.252.09$14,885
Dec 20197,29359.012.30$16,806
Nov 20196,91255.302.75$19,013
Oct 20197,16253.472.42$17,322
Sep 20196,91955.052.66$18,386
Aug 20197,21753.112.30$16,631
Jul 20197,48156.272.46$18,404
Jun 20197,14452.782.49$17,797
May 20197,72058.482.74$21,155
Apr 20197,76662.632.75$21,362
Mar 20198,35056.803.06$25,569
Feb 20197,67650.852.79$21,433
Jan 20198,65246.033.23$27,930
Dec 20188,83746.594.19$36,987
Nov 20188,61152.934.24$36,487
Oct 20188,97761.443.40$30,505
Sep 20188,76459.543.11$27,239
Aug 20189,01359.403.07$27,639
Jul 20188,92465.142.93$26,164
Jun 20189,25060.183.08$28,462
May 20189,45765.382.90$27,433
Apr 20189,73263.842.90$28,231
Mar 20189,88661.222.79$27,551
Feb 20189,25261.782.77$25,592
Jan 201810,67262.874.01$42,787
Dec 201710,85657.272.92$31,716
Nov 201711,04955.423.12$34,455
Oct 201711,72649.292.98$34,987
Sep 201711,71147.523.09$36,155
Aug 201712,86145.373.00$38,640
Jul 201713,35443.873.09$41,228
Jun 201714,03942.493.09$43,342
May 201715,12045.373.26$49,343
Apr 201712,47147.933.21$40,052
Mar 201714,92246.772.98$44,522
Feb 201718,79850.452.95$55,503
Jan 201725,92049.413.42$88,615
Dec 201618,29548.763.72$68,109
Nov 201682942.492.64$2,192
Oct 20164,16146.193.09$12,859
Sep 20164,04841.553.10$12,551
Aug 20164,22641.442.92$12,358
Jul 20164,22941.622.92$12,367
Jun 20164,15445.352.69$11,157
May 20164,31742.521.99$8,595
Apr 20164,21136.561.99$8,384
Mar 20164,37233.011.79$7,843
Feb 20164,04026.472.06$8,337
Jan 20164,35327.352.36$10,292
Dec 20154,27832.362.00$8,562
Nov 20154,08438.792.17$8,851
Oct 20154,18943.552.43$10,165
Sep 20154,07442.992.76$11,238
Aug 20154,08440.162.87$11,731
Jul 20154,05948.152.95$11,954
Jun 20153,92756.152.88$11,321
May 20154,11155.212.96$12,150
Apr 20153,99049.822.71$10,799
Mar 20154,09842.892.93$12,026
Feb 20153,75544.662.98$11,176
Jan 20154,25643.433.10$13,196
Dec 20144,26354.693.59$15,310
Nov 20144,16770.464.25$17,717
Oct 20144,29078.303.90$16,735
Sep 20144,13086.164.05$16,708
Aug 20144,20589.394.04$16,968
Jul 20144,20396.564.18$17,567
Jun 20144,01898.164.74$19,033
May 20144,04694.734.73$19,124
Apr 20144,10995.944.81$19,761
Mar 20144,36295.895.06$22,058
Feb 20143,84997.406.19$23,833
Jan 20144,31790.404.86$20,984
Dec 20134,44091.824.35$19,334
Nov 20134,38488.853.74$16,389
Oct 20134,47597.423.78$16,913
Sep 20134,189104.113.72$15,574
Aug 20134,625104.253.52$16,292
Jul 20134,660102.523.72$17,325
Jun 20134,72494.403.93$18,581
May 20135,06594.834.15$21,015
Apr 20134,53293.964.28$19,409
Mar 20135,14993.623.91$20,147
Feb 20134,81191.233.42$16,453
Jan 20135,54791.603.42$18,970
Dec 20125,94386.773.42$20,326
Nov 20125,75286.953.62$20,851
Oct 20125,78889.383.40$19,677
Sep 20125,45694.672.92$15,923
Aug 20125,61892.662.91$16,338
Jul 20125,39085.133.02$16,282
Jun 20125,18479.822.52$13,059
May 20124,13591.612.49$10,289
Apr 20122,133101.652.00$4,259
Mar 20122,017105.052.22$4,482
Feb 20121,869101.102.57$4,804
Jan 20121,85298.092.73$5,064
Dec 20112,03796.873.24$6,599
Nov 20112,04295.723.31$6,762
Oct 20112,18584.983.65$7,972
Sep 20112,21483.623.99$8,825
Aug 20112,32083.404.15$9,626
Jul 20112,34194.144.52$10,575
Jun 20112,36992.904.64$10,992
May 20112,59698.134.40$11,435
Apr 20112,648105.964.33$11,475
Mar 20112,95796.364.06$11,998
Feb 20112,82085.644.18$11,788
Jan 20113,04786.504.59$13,982
Dec 20103,14785.734.35$13,682
Nov 20103,26980.843.80$12,407
Oct 20103,64478.103.51$12,786
Sep 20103,83572.633.98$15,261
Aug 20104,33673.684.42$19,162
Jul 20104,76272.554.74$22,555
Jun 20105,21570.364.91$25,608
May 20106,06871.124.24$25,699
Apr 2010081.694.12$0
Mar 20106,74978.394.39$29,619
Feb 20106,46773.585.44$35,196
Jan 20106,97974.365.96$41,623
Dec 20096,29871.445.48$34,537
Nov 20096,74674.593.75$25,308
Oct 20097,21972.544.11$29,672
Sep 20097,04665.543.06$21,594
Aug 20097,37767.423.22$23,743
Jul 20097,70661.133.46$26,697
Jun 20097,31266.163.90$28,480
May 20094,47854.743.93$17,580
Apr 20094,88646.773.59$17,529
Mar 20095,65542.144.06$22,954
Feb 20096,04232.814.63$27,993
Jan 20097,07035.865.37$37,973
Dec 20087,87737.105.98$47,082
Nov 20088,06855.496.86$55,349
Oct 20088,64975.246.92$59,868
Sep 20087,098101.767.88$55,912
Aug 20089,101114.228.48$77,204
Jul 20087,682131.0811.39$87,494
Jun 20083,986131.3313.03$51,948
May 20083,631123.1711.57$42,026
Apr 20084,079110.3110.45$42,645
Mar 20084,634101.909.66$44,783
Feb 20084,87192.538.77$42,722
Jan 20085,94690.388.21$48,791
Dec 20076,58588.337.30$48,083
Nov 20074,76491.677.29$34,738
Oct 20075,20682.856.92$36,036
Sep 20075,38975.846.24$33,650
Aug 20075,96969.066.39$38,130
Jul 20076,50570.906.39$41,554
Jun 20076,93062.007.55$52,311
May 20077,96158.747.85$62,464
Apr 20078,41859.617.81$65,704
Mar 20079,67756.927.30$70,661
Feb 20079,65155.108.22$79,293
Jan 200711,13450.306.73$74,897
Dec 200611,67056.656.92$80,738
Nov 200611,13054.207.62$84,783
Oct 200611,78354.906.01$70,861
Sep 20069,52160.085.04$47,959
Aug 20069,77068.717.34$71,711
Jul 200610,87669.376.34$68,984
Jun 20069,90666.286.38$63,239
May 200613,22366.016.42$84,958
Apr 200612,72564.397.36$93,662
Mar 200613,66056.707.08$96,753
Feb 200611,96657.597.75$92,750
Jan 200614,82960.598.93$132,472
Dec 200514,82854.9413.42$198,924
Nov 200514,41554.6910.59$152,632
Oct 200515,59558.3413.80$215,145
Sep 200516,16161.4512.08$195,209
Aug 200517,14261.519.80$167,937
Jul 200516,92755.697.84$132,769
Jun 200517,50152.337.38$129,176
May 200517,73345.226.65$117,945
Apr 200518,01649.207.36$132,606
Mar 200518,84850.377.15$134,855
Feb 200516,24945.226.31$102,562
Jan 200519,94743.166.32$126,109
Dec 200423,18739.866.75$156,537
Nov 200420,37345.286.33$128,970
Oct 200416,12849.706.52$105,076
Sep 200419,22543.245.28$101,583
Aug 200422,27142.375.55$123,619
Jul 200427,48438.286.08$167,218
Jun 200430,40836.106.43$195,615
May 200429,36437.486.49$190,707
Apr 200418,72834.475.86$109,717
Mar 200418,86334.365.53$104,315
Feb 200418,36932.455.51$101,206
Jan 200422,66032.036.30$142,750
Dec 200320,64030.266.30$130,066
Nov 200317,81028.804.60$81,840
Oct 200317,88928.174.76$85,145
Sep 200322,33526.314.75$106,077
Aug 200319,51729.765.13$100,117
Jul 200320,33129.415.17$105,128
Jun 200317,31428.565.98$103,589
May 200321,40126.595.97$127,821
Apr 200316,39126.675.41$88,631
Mar 200317,35331.146.10$105,785
Feb 200316,25533.487.93$128,835
Jan 200318,40730.315.58$102,749
Dec 200219,88326.914.85$96,507
Nov 200220,53524.664.14$84,952
Oct 200221,05526.464.23$89,044
Sep 200221,83627.443.64$79,378
Aug 200223,49325.963.16$74,336
Jul 200221,88724.583.06$67,013
Jun 200223,45923.733.34$78,312
May 200227,60324.663.58$98,929
Apr 200239,39923.653.51$138,382
Mar 200242,97122.003.10$133,327
Feb 200246,96518.222.38$111,574
Jan 200263,77917.172.38$151,518
Dec 200120,47516.932.36$48,411
Nov 2001018.072.41$0

How to read this page

The arithmetic is one multiplication per stream per month. Here it is, worked, on a real row from the table above.

May 2026 — as filed, then multipliedworked
Gas                3,647 Mcf  × $  3.05 =    $11,108

────────────────────────────────────────────────────
Month total                                  $11,108

The volumes are the state's, unchanged

Every barrel and every Mcf on this page is a number the Railroad Commission of Texas published in its monthly production query. Nothing is modelled, estimated or filled in.

The dollars are a multiplication, not a valuation

Volume × a published monthly price. It is not what the operator was paid: it takes no account of a contract, a differential, a transportation deduction, or the share any one owner holds.

Oil and gas are priced differently

Oil is a Texas realisation — the crude oil first purchase price. Gas is a benchmark, because no free Texas wellhead gas series exists at any date. The prices page publishes the difference rather than correcting it away.

A lease is not a well

The state reports oil on lease and gas on well, and this page is the lease grain. 09/G/188351 is the state's own key, not one this site invented.