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 237032District 09Field 65280200GasSaveExport
Value, all time
$4.8 M
Aug 2007 – May 2026
Value, last 12 filed months
$16 k
at the published price for each month
Months reported
226
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

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
GasProduction1,007,896 Mcf$4,834,247
Total$4,834,247

Every month this lease reported (226)

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

226 months

May 2026412106.413.05$1,255
Apr 202634698.932.87$993
Mar 202645489.753.15$1,430
Feb 20265363.503.75$199
Jan 202637959.138.00$3,031
Dec 202535356.664.41$1,558
Nov 202540858.593.93$1,602
Oct 202537659.383.30$1,243
Sep 202535362.743.08$1,086
Aug 202540363.933.01$1,215
Jul 202533866.743.32$1,121
Jun 202538166.483.13$1,192
May 202539660.553.23$1,280
Apr 202542662.363.54$1,509
Mar 202552467.704.27$2,237
Feb 202537770.884.34$1,637
Jan 202540174.324.28$1,716
Dec 202443568.993.12$1,358
Nov 202451369.052.20$1,128
Oct 202442771.372.28$974
Sep 20242,68369.612.36$6,344
Aug 202482575.632.06$1,702
Jul 20249079.932.15$193
Jun 202459678.082.63$1,570
May 202456278.812.20$1,236
Apr 20242,29184.451.66$3,801
Mar 202444480.301.55$686
Feb 202443276.091.78$771
Jan 202432573.023.30$1,072
Dec 20231,57271.262.61$4,104
Nov 202343077.892.81$1,207
Oct 202353985.443.09$1,664
Sep 202329889.042.74$815
Aug 2023080.522.67$0
Jul 202399974.852.64$2,639
Jun 20232,95768.962.26$6,678
May 20233,31670.622.23$7,386
Apr 20232,86778.122.24$6,416
Mar 20232,92072.852.39$6,988
Feb 20231,09075.112.47$2,688
Jan 20232,91676.533.39$9,879
Dec 20224,32976.415.73$24,801
Nov 20221,49585.005.65$8,441
Oct 20227,42087.185.86$43,509
Sep 20228,68784.888.16$70,918
Aug 202215094.529.13$1,369
Jul 2022987101.587.54$7,444
Jun 20220115.097.98$0
May 20220109.378.43$0
Apr 20220104.226.84$0
Mar 20220108.885.08$0
Feb 2022091.054.86$0
Jan 2022081.844.54$0
Dec 2021071.323.90$0
Nov 2021077.435.24$0
Oct 2021079.795.71$0
Sep 2021069.865.35$0
Aug 2021066.024.22$0
Jul 2021070.783.98$0
Jun 2021069.493.38$0
May 2021063.483.02$0
Apr 2021060.362.76$0
Mar 2021061.302.72$0
Feb 2021057.805.55$0
Jan 2021050.412.81$0
Dec 20202244.642.68$59
Nov 20206338.772.71$171
Oct 20201,65036.972.48$4,089
Sep 202014237.091.99$283
Aug 2020039.982.39$0
Jul 2020138.371.83$2
Jun 2020034.901.69$0
May 20201,79816.921.81$3,263
Apr 20203,13414.751.80$5,655
Mar 20201,78530.341.86$3,313
Feb 20202,71349.881.98$5,374
Jan 20202,98757.252.09$6,257
Dec 20192,95559.012.30$6,809
Nov 20192,22455.302.75$6,118
Oct 20192,31653.472.42$5,601
Sep 20192,90855.052.66$7,727
Aug 20193,10053.112.30$7,144
Jul 20193,52056.272.46$8,659
Jun 20194,16052.782.49$10,363
May 20193,30558.482.74$9,057
Apr 20192,49662.632.75$6,866
Mar 20192,81156.803.06$8,608
Feb 20193,11450.852.79$8,695
Jan 20193,22846.033.23$10,421
Dec 20183,33946.594.19$13,975
Nov 20183,40652.934.24$14,432
Oct 20182,12061.443.40$7,204
Sep 20181,25359.543.11$3,894
Aug 20183,90059.403.07$11,960
Jul 20181,66165.142.93$4,870
Jun 20182,41460.183.08$7,428
May 20183,65165.382.90$10,591
Apr 20183,49763.842.90$10,144
Mar 20183,10061.222.79$8,639
Feb 20183,76761.782.77$10,420
Jan 201852162.874.01$2,089
Dec 20172,30957.272.92$6,746
Nov 20172,19755.423.12$6,851
Oct 20174,02649.292.98$12,012
Sep 20174,18747.523.09$12,926
Aug 20174,28645.373.00$12,877
Jul 20173,65943.873.09$11,296
Jun 20173,97942.493.09$12,284
May 20171,54745.373.26$5,048
Apr 201716247.933.21$520
Mar 201721446.772.98$639
Feb 201720550.452.95$605
Jan 201783149.413.42$2,841
Dec 20162,89548.763.72$10,778
Nov 20163,65842.492.64$9,673
Oct 20163,10346.193.09$9,589
Sep 20163,83341.553.10$11,885
Aug 20164,01341.442.92$11,735
Jul 20163,33341.622.92$9,747
Jun 20163,55045.352.69$9,535
May 20163,74342.521.99$7,452
Apr 20163,63336.561.99$7,233
Mar 20163,83833.011.79$6,885
Feb 20163,62626.472.06$7,483
Jan 20164,08927.352.36$9,668
Dec 20153,81132.362.00$7,627
Nov 20154,20838.792.17$9,120
Oct 20154,52943.552.43$10,990
Sep 20153,96042.992.76$10,923
Aug 20154,57940.162.87$13,153
Jul 20154,88148.152.95$14,375
Jun 20155,35256.152.88$15,429
May 20153,59355.212.96$10,619
Apr 20152,46949.822.71$6,683
Mar 20152,86342.892.93$8,402
Feb 20153,94744.662.98$11,747
Jan 20153,51743.433.10$10,905
Dec 20143,45054.693.59$12,390
Nov 20143,33670.464.25$14,184
Oct 20143,09978.303.90$12,089
Sep 20143,43086.164.05$13,876
Aug 20143,09389.394.04$12,481
Jul 20143,07696.564.18$12,856
Jun 20142,63598.164.74$12,482
May 20142,77994.734.73$13,135
Apr 20143,94095.944.81$18,948
Mar 20142,49495.895.06$12,612
Feb 20143,50897.406.19$21,722
Jan 20144,29490.404.86$20,872
Dec 20133,27791.824.35$14,270
Nov 20134,57588.853.74$17,103
Oct 20134,79697.423.78$18,126
Sep 20133,856104.113.72$14,336
Aug 20133,917104.253.52$13,798
Jul 20134,733102.523.72$17,596
Jun 20134,19094.403.93$16,481
May 20133,68694.834.15$15,294
Apr 20134,72093.964.28$20,214
Mar 20134,46593.623.91$17,471
Feb 20134,06991.233.42$13,916
Jan 20134,44991.603.42$15,215
Dec 20124,94186.773.42$16,899
Nov 20124,68286.953.62$16,972
Oct 20124,60089.383.40$15,639
Sep 20124,55394.672.92$13,287
Aug 20124,82792.662.91$14,038
Jul 20125,20985.133.02$15,735
Jun 20124,78579.822.52$12,054
May 20125,03091.612.49$12,516
Apr 20125,251101.652.00$10,485
Mar 20124,964105.052.22$11,030
Feb 20125,150101.102.57$13,237
Jan 201214,75598.092.73$40,341
Dec 20115,48896.873.24$17,780
Nov 20115,18195.723.31$17,156
Oct 20115,99684.983.65$21,877
Sep 20116,29683.623.99$25,095
Aug 201116,71783.404.15$69,364
Jul 20116,49394.144.52$29,330
Jun 20116,97492.904.64$32,359
May 20114,01398.134.40$17,677
Apr 20111,301105.964.33$5,638
Mar 20117,84596.364.06$31,830
Feb 20117,86585.644.18$32,876
Jan 20118,81486.504.59$40,446
Dec 20106,77285.734.35$29,443
Nov 20108,66380.843.80$32,879
Oct 20108,96678.103.51$31,461
Sep 20108,10072.633.98$32,234
Aug 20106,67873.684.42$29,512
Jul 20109,93472.554.74$47,052
Jun 20109,03870.364.91$44,380
May 201010,19271.124.24$43,165
Apr 20109,93281.694.12$40,947
Mar 201010,10178.394.39$44,330
Feb 20109,01173.585.44$49,041
Jan 201010,07574.365.96$60,088
Dec 200910,20871.445.48$55,978
Nov 20099,99874.593.75$37,508
Oct 200911,02872.544.11$45,328
Sep 200911,94865.543.06$36,618
Aug 200912,75267.423.22$41,042
Jul 200911,31861.133.46$39,211
Jun 200912,26966.163.90$47,788
May 200910,00854.743.93$39,289
Apr 200910,14846.773.59$36,406
Mar 200912,27842.144.06$49,836
Feb 200911,87232.814.63$55,003
Jan 200915,27835.865.37$82,058
Dec 200817,68337.105.98$105,694
Nov 200816,31655.496.86$111,934
Oct 200810,20675.246.92$70,646
Sep 20088,923101.767.88$70,287
Aug 20089,235114.228.48$78,341
Jul 20088,924131.0811.39$101,639
Jun 200811,695131.3313.03$152,417
May 200812,404123.1711.57$143,567
Apr 200814,441110.3110.45$150,979
Mar 200810,353101.909.66$100,052
Feb 200816,08592.538.77$141,075
Jan 200811,08190.388.21$90,928
Dec 200714,53388.337.30$106,120
Nov 200715,51091.677.29$113,094
Oct 200732,55982.856.92$225,373
Sep 200741,42075.846.24$258,633
Aug 20077,70369.066.39$49,206

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                  412 Mcf  × $  3.05 =     $1,255

────────────────────────────────────────────────────
Month total                                   $1,255

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/237032 is the state's own key, not one this site invented.