PIGG 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 228677District 09Field 65280200CondensateGasSaveExport
Value, all time
$8.5 M
Mar 2007 – May 2026
Value, last 12 filed months
$24 k
at the published price for each month
Months reported
231
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

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
CondensateDisposition1 bbl$62
GasProduction1,726,201 Mcf$8,477,068
Total$8,477,130

Every month this lease reported (231)

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

231 months

May 20260584106.413.05$1,779
Apr 2026071298.932.87$2,043
Mar 2026058189.753.15$1,830
Feb 202604563.503.75$169
Jan 2026037659.138.00$3,007
Dec 2025071356.664.41$3,147
Nov 2025063658.593.93$2,497
Oct 2025053259.383.30$1,758
Sep 2025059962.743.08$1,843
Aug 2025061063.933.01$1,839
Jul 2025066766.743.32$2,211
Jun 2025057366.483.13$1,793
May 2025060460.553.23$1,952
Apr 2025083062.363.54$2,941
Mar 202501,38067.704.27$5,890
Feb 202501,19470.884.34$5,183
Jan 2025064174.324.28$2,743
Dec 2024057068.993.12$1,779
Nov 2024057269.052.20$1,258
Oct 2024048071.372.28$1,095
Sep 202402,22969.612.36$5,270
Aug 202401,42475.632.06$2,939
Jul 2024089279.932.15$1,915
Jun 2024040578.082.63$1,067
May 2024044378.812.20$974
Apr 202401,69784.451.66$2,816
Mar 2024037880.301.55$584
Feb 2024016376.091.78$291
Jan 2024035173.023.30$1,157
Dec 2023044971.262.61$1,172
Nov 2023030177.892.81$845
Oct 2023020785.443.09$639
Sep 20230089.042.74$0
Aug 20230080.522.67$0
Jul 202302,06374.852.64$5,450
Jun 202306,25468.962.26$14,125
May 202302,19470.622.23$4,887
Apr 2023071678.122.24$1,602
Mar 2023064472.852.39$1,541
Feb 2023039675.112.47$976
Jan 202302,72876.533.39$9,242
Dec 202203,53476.415.73$20,247
Nov 202201,02085.005.65$5,759
Oct 202204,35287.185.86$25,519
Sep 202204,19884.888.16$34,271
Aug 2022017494.529.13$1,588
Jul 20220186101.587.54$1,403
Jun 2022099115.097.98$790
May 20220220109.378.43$1,855
Apr 20220221104.226.84$1,511
Mar 20220209108.885.08$1,061
Feb 202203,00091.054.86$14,577
Jan 202204,21581.844.54$19,126
Dec 202104,91471.323.90$19,160
Nov 2021058677.435.24$3,069
Oct 202102,68179.795.71$15,319
Sep 202103,30369.865.35$17,674
Aug 202103,07466.024.22$12,974
Jul 202103,81570.783.98$15,192
Jun 202103,93569.493.38$13,303
May 202104,01263.483.02$12,107
Apr 202104,44760.362.76$12,267
Mar 202104,36561.302.72$11,859
Feb 202101,94957.805.55$10,813
Jan 202104,81650.412.81$13,534
Dec 202004,92544.642.68$13,177
Nov 202002,17238.772.71$5,879
Oct 202002,79436.972.48$6,925
Sep 202004,81337.091.99$9,583
Aug 202003,99839.982.39$9,536
Jul 202004,47638.371.83$8,169
Jun 202005,00234.901.69$8,455
May 202004,77616.921.81$8,667
Apr 202004,56314.751.80$8,233
Mar 202004,70430.341.86$8,732
Feb 202004,75949.881.98$9,426
Jan 202005,05357.252.09$10,585
Dec 201904,95059.012.30$11,407
Nov 201903,26255.302.75$8,973
Oct 201903,49953.472.42$8,462
Sep 201904,13555.052.66$10,988
Aug 201905,22853.112.30$12,047
Jul 201905,89356.272.46$14,497
Jun 201906,63452.782.49$16,527
May 201906,07658.482.74$16,650
Apr 201905,10862.632.75$14,051
Mar 201905,75856.803.06$17,632
Feb 201905,74750.852.79$16,047
Jan 201906,18946.033.23$19,979
Dec 201807,55946.594.19$31,638
Nov 201803,17552.934.24$13,453
Oct 201802,68961.443.40$9,137
Sep 2018016459.543.11$510
Aug 201802,01159.403.07$6,167
Jul 201801,57165.142.93$4,606
Jun 201805,20260.183.08$16,006
May 201805,89465.382.90$17,097
Apr 201803,44263.842.90$9,985
Mar 201804,97361.222.79$13,859
Feb 201802,80761.782.77$7,765
Jan 201801,67562.874.01$6,716
Dec 201706,05257.272.92$17,681
Nov 201706,18655.423.12$19,290
Oct 201706,68349.292.98$19,940
Sep 201706,39047.523.09$19,728
Aug 201706,86545.373.00$20,625
Jul 201707,25043.873.09$22,383
Jun 201706,27142.493.09$19,360
May 201706,54945.373.26$21,372
Apr 201706,55147.933.21$21,039
Mar 201707,96446.772.98$23,762
Feb 201703,15350.452.95$9,310
Jan 2017020349.413.42$694
Dec 2016089948.763.72$3,347
Nov 2016095342.492.64$2,520
Oct 2016023446.193.09$723
Sep 201606,13541.553.10$19,022
Aug 201605,89441.442.92$17,236
Jul 201605,94041.622.92$17,371
Jun 201606,05645.352.69$16,265
May 201606,69742.521.99$13,334
Apr 201606,31436.561.99$12,571
Mar 201606,32833.011.79$11,353
Feb 201606,03726.472.06$12,458
Jan 201605,83827.352.36$13,803
Dec 201506,92332.362.00$13,856
Nov 201507,02038.792.17$15,215
Oct 201507,47143.552.43$18,129
Sep 201506,65542.992.76$18,357
Aug 201507,59440.162.87$21,814
Jul 201506,91948.152.95$20,377
Jun 201507,46756.152.88$21,526
May 201507,87755.212.96$23,280
Apr 201507,88249.822.71$21,333
Mar 201508,74242.892.93$25,655
Feb 201506,41844.662.98$19,101
Jan 201502,14343.433.10$6,645
Dec 201405,09354.693.59$18,291
Nov 201406,10170.464.25$25,940
Oct 201404,91578.303.90$19,173
Sep 201405,24286.164.05$21,206
Aug 201402,46689.394.04$9,951
Jul 201406,00096.564.18$25,078
Jun 201405,06698.164.74$23,997
May 201403,72094.734.73$17,583
Apr 201406,21795.944.81$29,898
Mar 201402,00095.895.06$10,114
Feb 201404,83097.406.19$29,907
Jan 201405,37890.404.86$26,141
Dec 201305,09491.824.35$22,182
Nov 201305,73188.853.74$21,424
Oct 201306,64597.423.78$25,114
Sep 201306,082104.113.72$22,611
Aug 201304,216104.253.52$14,851
Jul 201306,615102.523.72$24,593
Jun 201306,36694.403.93$25,040
May 201302,01194.834.15$8,344
Apr 201305,05593.964.28$21,648
Mar 201304,40793.623.91$17,244
Feb 201304,87891.233.42$16,682
Jan 201305,43791.603.42$18,594
Dec 201206,77286.773.42$23,161
Nov 201206,77686.953.62$24,563
Oct 201205,49989.383.40$18,695
Sep 201205,38194.672.92$15,704
Aug 201206,41092.662.91$18,641
Jul 201207,71585.133.02$23,305
Jun 201204,76679.822.52$12,006
May 201206,15491.612.49$15,313
Apr 201206,632101.652.00$13,243
Mar 201205,534105.052.22$12,297
Feb 201207,314101.102.57$18,799
Jan 2012017,28798.092.73$47,264
Dec 201106,46596.873.24$20,945
Nov 201106,21195.723.31$20,566
Oct 201107,08484.983.65$25,846
Sep 201108,03883.623.99$32,038
Aug 2011017,96983.404.15$74,559
Jul 201108,09094.144.52$36,544
Jun 201109,04892.904.64$41,982
May 201101,85898.134.40$8,184
Apr 201106,373105.964.33$27,616
Mar 201109,75096.364.06$39,559
Feb 2011011,04085.644.18$46,147
Jan 2011013,22486.504.59$60,682
Dec 2010013,15885.734.35$57,208
Nov 2010014,45980.843.80$54,877
Oct 2010014,86478.103.51$52,156
Sep 2010015,38972.633.98$61,240
Aug 2010014,10773.684.42$62,344
Jul 2010014,17872.554.74$67,154
Jun 2010014,41170.364.91$70,764
May 2010014,27471.124.24$60,454
Apr 2010013,93181.694.12$57,433
Mar 2010016,50678.394.39$72,439
Feb 2010013,54673.585.44$73,722
Jan 2010017,00774.365.96$101,431
Dec 2009016,66571.445.48$91,387
Nov 2009016,54274.593.75$62,057
Oct 2009016,46472.544.11$67,671
Sep 2009015,79265.543.06$48,399
Aug 2009018,07767.423.22$58,181
Jul 2009018,41561.133.46$63,799
Jun 2009017,57866.163.90$68,466
May 2009018,64054.743.93$73,176
Apr 2009019,69546.773.59$70,656
Mar 2009023,27842.144.06$94,485
Feb 2009021,11032.814.63$97,803
Jan 2009025,68335.865.37$137,943
Dec 2008030,71537.105.98$183,588
Nov 2008017,02855.496.86$116,818
Oct 20080075.246.92$0
Sep 20080312101.767.88$2,458
Aug 200802,341114.228.48$19,859
Jul 2008010,514131.0811.39$119,748
Jun 2008010,119131.3313.03$131,877
May 2008016,772123.1711.57$194,124
Apr 2008016,068110.3110.45$167,989
Mar 2008025,522101.909.66$246,646
Feb 2008016,15492.538.77$141,680
Jan 2008016,72290.388.21$137,216
Dec 2007020,10088.337.30$146,770
Nov 2007020,56491.677.29$149,947
Oct 2007034,83182.856.92$241,099
Sep 2007036,90475.846.24$230,434
Aug 2007040,72569.066.39$260,149
Jul 2007046,73270.906.39$298,521
Jun 2007149,89162.007.55$376,662
May 2007051,65358.747.85$405,284
Apr 2007063,46459.617.81$495,349
Mar 2007017,95956.927.30$131,136

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                  584 Mcf  × $  3.05 =     $1,779

────────────────────────────────────────────────────
Month total                                   $1,779

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/228677 is the state's own key, not one this site invented.