LIPSCOMB, K. P. GU

Operated by BKV BARNETT, LLC (P-5 72504) 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 225859District 09Field 652802002 tax incentive programmesCondensateGasSaveExport
Value, all time
$13.0 M
Oct 2006 – May 2026
Value, last 12 filed months
$378 k
at the published price for each month
Months reported
236
no gaps in the span
Streams
2
condensate, 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 Gas112007-07-16175625
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
CondensateDisposition15 bbl$1,576
GasProduction2,809,211 Mcf$13,041,264
Total$13,042,840

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 33.1523, -97.2938. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

33.15232, -97.29384 · 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
8,124 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 8,124 ft.

Completions filed
Jun 2022
1 of 1 wells

1 well

42-12132850158,124 ftJun 2022

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 (236)

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

236 months

May 202609,483106.413.05$28,884
Apr 202609,37598.932.87$26,904
Mar 202608,24289.753.15$25,958
Feb 202607,30863.503.75$27,407
Jan 202608,17959.138.00$65,415
Dec 202508,60356.664.41$37,968
Nov 202508,25858.593.93$32,425
Oct 202508,48559.383.30$28,042
Sep 202507,53162.743.08$23,172
Aug 202508,99363.933.01$27,112
Jul 202508,54366.743.32$28,322
Jun 202508,34266.483.13$26,100
May 202507,91860.553.23$25,594
Apr 202502,23062.363.54$7,901
Mar 202508,86767.704.27$37,847
Feb 202508,03370.884.34$34,870
Jan 202508,95174.324.28$38,298
Dec 202409,17568.993.12$28,639
Nov 202408,66469.052.20$19,047
Oct 202409,76271.372.28$22,271
Sep 2024010,39969.612.36$24,587
Aug 2024010,48975.632.06$21,645
Jul 2024010,77079.932.15$23,119
Jun 2024010,07878.082.63$26,545
May 2024011,14378.812.20$24,497
Apr 2024010,57684.451.66$17,548
Mar 2024010,33980.301.55$15,975
Feb 2024010,53976.091.78$18,798
Jan 2024011,53373.023.30$38,032
Dec 2023011,81171.262.61$30,835
Nov 2023011,55077.892.81$32,427
Oct 2023012,00085.443.09$37,047
Sep 2023011,91989.042.74$32,599
Aug 2023012,39380.522.67$33,125
Jul 2023012,59874.852.64$33,281
Jun 2023012,67968.962.26$28,635
May 2023013,36570.622.23$29,769
Apr 2023013,13878.122.24$29,400
Mar 2023014,58372.852.39$34,899
Feb 2023013,51275.112.47$33,316
Jan 2023014,36176.533.39$48,651
Dec 2022015,92976.415.73$91,259
Nov 2022016,60985.005.65$93,778
Oct 2022017,86287.185.86$104,738
Sep 2022017,98084.888.16$146,783
Aug 2022022,77594.529.13$207,871
Jul 2022012,312101.587.54$92,858
Jun 20220368115.097.98$2,936
May 202206,251109.378.43$52,715
Apr 202206,027104.226.84$41,210
Mar 202206,400108.885.08$32,489
Feb 202205,15991.054.86$25,067
Jan 202206,28281.844.54$28,506
Dec 202106,47671.323.90$25,251
Nov 202106,24277.435.24$32,688
Oct 202106,50779.795.71$37,180
Sep 202106,35969.865.35$34,027
Aug 202106,16666.024.22$26,024
Jul 202106,43970.783.98$25,641
Jun 202106,26069.493.38$21,163
May 202107,09063.483.02$21,395
Apr 202106,96960.362.76$19,223
Mar 202107,35361.302.72$19,978
Feb 202105,69657.805.55$31,601
Jan 202107,13150.412.81$20,040
Dec 202007,17244.642.68$19,188
Nov 202007,01238.772.71$18,978
Oct 202007,30436.972.48$18,102
Sep 202007,15737.091.99$14,250
Aug 202007,32039.982.39$17,459
Jul 202007,43138.371.83$13,562
Jun 202007,04934.901.69$11,915
May 202006,98916.921.81$12,683
Apr 202007,03814.751.80$12,699
Mar 202007,51330.341.86$13,946
Feb 202007,11749.881.98$14,096
Jan 202007,65557.252.09$16,035
Dec 201907,75059.012.30$17,859
Nov 201907,49755.302.75$20,622
Oct 201907,77053.472.42$18,792
Sep 201907,38955.052.66$19,635
Aug 201907,59853.112.30$17,509
Jul 201907,55056.272.46$18,573
Jun 201907,25752.782.49$18,079
May 201907,93658.482.74$21,747
Apr 201907,75462.632.75$21,329
Mar 201908,08456.803.06$24,754
Feb 201907,34350.852.79$20,503
Jan 201908,04946.033.23$25,984
Dec 201808,18946.594.19$34,275
Nov 201808,04452.934.24$34,084
Oct 201808,33461.443.40$28,320
Sep 201807,87859.543.11$24,485
Aug 201808,53759.403.07$26,179
Jul 201808,48965.142.93$24,889
Jun 201808,96560.183.08$27,585
May 201804,77765.382.90$13,857
Apr 201808,21363.842.90$23,824
Mar 201808,59661.222.79$23,956
Feb 201807,73161.782.77$21,385
Jan 201809,00662.874.01$36,108
Dec 201708,38257.272.92$24,488
Nov 201709,04455.423.12$28,202
Oct 201708,96649.292.98$26,752
Sep 201708,04547.523.09$24,837
Aug 201708,16645.373.00$24,534
Jul 201708,08743.873.09$24,967
Jun 201707,78642.493.09$24,038
May 201708,01945.373.26$26,169
Apr 201707,98147.933.21$25,632
Mar 201708,30546.772.98$24,779
Feb 201707,60850.452.95$22,463
Jan 201708,40449.413.42$28,732
Dec 201608,28748.763.72$30,851
Nov 201608,27842.492.64$21,890
Oct 201608,56346.193.09$26,462
Sep 201608,24341.553.10$25,558
Aug 201608,64941.442.92$25,293
Jul 201608,63941.622.92$25,263
Jun 201608,33945.352.69$22,397
May 201608,60242.521.99$17,127
Apr 201608,43836.561.99$16,800
Mar 201608,70233.011.79$15,611
Feb 201608,18926.472.06$16,899
Jan 201608,98627.352.36$21,246
Dec 201509,00132.362.00$18,015
Nov 201508,91638.792.17$19,324
Oct 201509,01643.552.43$21,878
Sep 201508,83642.992.76$24,373
Aug 201509,29340.162.87$26,694
Jul 201509,18848.152.95$27,059
Jun 201508,92656.152.88$25,732
May 201509,30155.212.96$27,489
Apr 201509,05949.822.71$24,519
Mar 2015010,02642.892.93$29,423
Feb 201508,73044.662.98$25,982
Jan 201509,78043.433.10$30,324
Dec 201409,99754.693.59$35,903
Nov 201409,45670.464.25$40,205
Oct 2014010,12378.303.90$39,489
Sep 201409,60686.164.05$38,861
Aug 201409,90989.394.04$39,984
Jul 2014010,00196.564.18$41,800
Jun 201409,66598.164.74$45,782
May 2014010,14994.734.73$47,970
Apr 2014010,12095.944.81$48,668
Mar 2014010,57695.895.06$53,481
Feb 201409,11997.406.19$56,465
Jan 2014010,17790.404.86$49,468
Dec 2013010,06191.824.35$43,810
Nov 2013010,25088.853.74$38,317
Oct 2013010,63197.423.78$40,178
Sep 2013010,207104.113.72$37,947
Aug 2013010,434104.253.52$36,755
Jul 2013010,532102.523.72$39,155
Jun 2013010,17194.403.93$40,007
May 2013010,51694.834.15$43,632
Apr 2013010,74793.964.28$46,025
Mar 2013011,10393.623.91$43,445
Feb 2013010,07091.233.42$34,438
Jan 2013011,32591.603.42$38,730
Dec 2012010,81486.773.42$36,986
Nov 2012010,72686.953.62$38,881
Oct 2012010,98489.383.40$37,342
Sep 2012010,48494.672.92$30,597
Aug 2012011,03192.662.91$32,080
Jul 2012011,51685.133.02$34,788
Jun 2012010,98279.822.52$27,664
May 2012011,56791.612.49$28,782
Apr 2012011,365101.652.00$22,694
Mar 20121511,700105.052.22$27,574
Feb 2012010,589101.102.57$27,216
Jan 2012013,17998.092.73$36,032
Dec 2011013,63396.873.24$44,167
Nov 2011013,65495.723.31$45,212
Oct 2011015,31684.983.65$55,881
Sep 2011016,77983.623.99$66,878
Aug 2011013,12283.404.15$54,447
Jul 201109,54794.144.52$43,126
Jun 2011013,11692.904.64$60,857
May 2011013,83898.134.40$60,954
Apr 2011013,548105.964.33$58,707
Mar 2011013,72396.364.06$55,679
Feb 2011012,46185.644.18$52,087
Jan 2011013,51886.504.59$62,031
Dec 2010014,30485.734.35$62,190
Nov 2010014,02180.843.80$53,214
Oct 2010014,81178.103.51$51,970
Sep 2010014,30572.633.98$56,926
Aug 2010014,82973.684.42$65,535
Jul 2010015,27072.554.74$72,326
Jun 2010014,96370.364.91$73,474
May 2010015,74271.124.24$66,671
Apr 2010015,15881.694.12$62,492
Mar 2010015,51178.394.39$68,073
Feb 2010014,49673.585.44$78,892
Jan 2010016,88874.365.96$100,722
Dec 2009016,82271.445.48$92,248
Nov 2009015,85174.593.75$59,465
Oct 2009016,45372.544.11$67,626
Sep 2009016,11865.543.06$49,398
Aug 2009016,84367.423.22$54,209
Jul 2009016,93061.133.46$58,654
Jun 2009016,67266.163.90$64,937
May 2009017,36154.743.93$68,155
Apr 2009016,91246.773.59$60,672
Mar 2009017,82542.144.06$72,352
Feb 2009016,35232.814.63$75,759
Jan 2009018,28835.865.37$98,225
Dec 2008018,51437.105.98$110,661
Nov 2008017,80355.496.86$122,135
Oct 2008018,66275.246.92$129,178
Sep 2008018,204101.767.88$143,395
Aug 2008019,362114.228.48$164,248
Jul 2008019,628131.0811.39$223,552
Jun 2008019,445131.3313.03$253,419
May 2008020,827123.1711.57$241,058
Apr 2008020,460110.3110.45$213,906
Mar 2008021,536101.909.66$208,125
Feb 2008020,60292.538.77$180,691
Jan 2008023,14090.388.21$189,881
Dec 2007022,88788.337.30$167,120
Nov 2007022,74891.677.29$165,872
Oct 2007024,75082.856.92$171,319
Sep 2007024,16075.846.24$150,859
Aug 2007025,53869.066.39$163,135
Jul 2007026,34070.906.39$168,258
Jun 2007026,72862.007.55$201,755
May 2007029,20358.747.85$229,135
Apr 2007029,90659.617.81$233,422
Mar 2007033,12656.927.30$241,885
Feb 2007032,06055.108.22$263,405
Jan 2007039,68050.306.73$266,921
Dec 2006045,50856.656.92$314,844
Nov 2006042,92054.207.62$326,942
Oct 200606,98054.906.01$41,976

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
Condensate             0 bbl  × $106.41 =         $0
Gas                9,483 Mcf  × $  3.05 =    $28,884

────────────────────────────────────────────────────
Month total                                  $28,884

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/225859 is the state's own key, not one this site invented.