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 238863District 09Field 65280200GasSaveExport
Value, all time
$8.2 M
Mar 2008 – May 2026
Value, last 12 filed months
$78 k
at the published price for each month
Months reported
219
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
GasProduction1,777,515 Mcf$8,186,473
Total$8,186,473

Every month this lease reported (219)

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

219 months

May 20261,118106.413.05$3,405
Apr 20261,16498.932.87$3,340
Mar 202677189.753.15$2,428
Feb 202684963.503.75$3,184
Jan 20261,62459.138.00$12,989
Dec 20253,71856.664.41$16,409
Nov 20253,72058.593.93$14,606
Oct 202560959.383.30$2,013
Sep 202559062.743.08$1,815
Aug 20251,76863.933.01$5,330
Jul 20252,08466.743.32$6,909
Jun 20251,71466.483.13$5,363
May 20251,61560.553.23$5,220
Apr 20251,85062.363.54$6,555
Mar 20252,56767.704.27$10,957
Feb 20251,70170.884.34$7,384
Jan 20253,11074.324.28$13,307
Dec 20242,54168.993.12$7,931
Nov 20242,56369.052.20$5,635
Oct 20241,90071.372.28$4,335
Sep 20243,40569.612.36$8,051
Aug 20242,46375.632.06$5,083
Jul 202424879.932.15$532
Jun 20242,07978.082.63$5,476
May 20242,71778.812.20$5,973
Apr 20243,14884.451.66$5,223
Mar 202493680.301.55$1,446
Feb 20241,33876.091.78$2,387
Jan 20242,34273.023.30$7,723
Dec 20232,02871.262.61$5,295
Nov 202330377.892.81$851
Oct 202337285.443.09$1,148
Sep 20232,26489.042.74$6,192
Aug 20232,38980.522.67$6,386
Jul 20233,48274.852.64$9,199
Jun 20233,61168.962.26$8,155
May 20232,61470.622.23$5,822
Apr 20234,70478.122.24$10,526
Mar 20232,36372.852.39$5,655
Feb 20234,09875.112.47$10,104
Jan 20234,65976.533.39$15,783
Dec 20223,55876.415.73$20,384
Nov 20225,52185.005.65$31,173
Oct 20227,34687.185.86$43,075
Sep 20224,35484.888.16$35,545
Aug 2022794.529.13$64
Jul 2022358101.587.54$2,700
Jun 2022424115.097.98$3,382
May 20222,696109.378.43$22,735
Apr 20223,104104.226.84$21,224
Mar 20223,343108.885.08$16,970
Feb 20223,61991.054.86$17,584
Jan 20224,37381.844.54$19,843
Dec 20214,10171.323.90$15,990
Nov 20214,36777.435.24$22,869
Oct 20214,14279.795.71$23,667
Sep 20214,00369.865.35$21,420
Aug 20214,44466.024.22$18,756
Jul 20214,54370.783.98$18,091
Jun 20214,78469.493.38$16,173
May 20213,88663.483.02$11,727
Apr 20214,37060.362.76$12,054
Mar 20214,16361.302.72$11,311
Feb 20212,32357.805.55$12,888
Jan 20215,05250.412.81$14,197
Dec 20205,41944.642.68$14,498
Nov 20205,10238.772.71$13,809
Oct 20204,67836.972.48$11,594
Sep 20204,19937.091.99$8,360
Aug 20205,62239.982.39$13,409
Jul 20205,99238.371.83$10,936
Jun 20205,42234.901.69$9,165
May 20205,43716.921.81$9,867
Apr 20205,85814.751.80$10,570
Mar 20206,32130.341.86$11,733
Feb 20203,49149.881.98$6,915
Jan 20204,16557.252.09$8,725
Dec 20194,26359.012.30$9,823
Nov 20194,67155.302.75$12,849
Oct 20194,99153.472.42$12,071
Sep 20195,17755.052.66$13,757
Aug 20195,62753.112.30$12,967
Jul 20195,67056.272.46$13,949
Jun 20195,40752.782.49$13,470
May 20195,56658.482.74$15,253
Apr 20194,70562.632.75$12,942
Mar 20194,24156.803.06$12,986
Feb 20194,79750.852.79$13,394
Jan 20195,38846.033.23$17,393
Dec 20185,42346.594.19$22,698
Nov 20185,30752.934.24$22,487
Oct 20185,79961.443.40$19,705
Sep 20185,74859.543.11$17,865
Aug 20186,25159.403.07$19,169
Jul 20186,01465.142.93$17,632
Jun 20185,77260.183.08$17,760
May 20186,10165.382.90$17,698
Apr 20185,57263.842.90$16,163
Mar 20185,92861.222.79$16,520
Feb 20185,50261.782.77$15,219
Jan 20185,99162.874.01$24,020
Dec 20176,24157.272.92$18,233
Nov 20175,82955.423.12$18,177
Oct 20175,81049.292.98$17,335
Sep 20176,34147.523.09$19,576
Aug 20176,59345.373.00$19,808
Jul 20176,82743.873.09$21,077
Jun 20176,56342.493.09$20,262
May 20176,79945.373.26$22,188
Apr 20176,52047.933.21$20,940
Mar 20176,03146.772.98$17,995
Feb 20176,02750.452.95$17,795
Jan 20175,72349.413.42$19,566
Dec 20166,75948.763.72$25,163
Nov 20166,44442.492.64$17,040
Oct 20167,02946.193.09$21,721
Sep 20167,32741.553.10$22,718
Aug 20167,81141.442.92$22,842
Jul 20166,72941.622.92$19,678
Jun 20166,87845.352.69$18,473
May 20166,97742.521.99$13,891
Apr 20166,54236.561.99$13,025
Mar 20166,66933.011.79$11,964
Feb 20166,27526.472.06$12,949
Jan 20166,84227.352.36$16,177
Dec 20156,64132.362.00$13,291
Nov 20156,48238.792.17$14,049
Oct 20157,74443.552.43$18,791
Sep 20157,95542.992.76$21,943
Aug 20158,57540.162.87$24,632
Jul 20158,35748.152.95$24,612
Jun 20159,20256.152.88$26,528
May 201510,22855.212.96$30,228
Apr 20156,76849.822.71$18,318
Mar 20157,05342.892.93$20,699
Feb 20155,85944.662.98$17,438
Jan 20157,39543.433.10$22,929
Dec 20147,76754.693.59$27,894
Nov 20147,12970.464.25$30,311
Oct 20147,60578.303.90$29,667
Sep 20147,39986.164.05$29,932
Aug 20147,92589.394.04$31,978
Jul 20147,60296.564.18$31,773
Jun 20147,20198.164.74$34,110
May 20147,73494.734.73$36,555
Apr 20148,08595.944.81$38,882
Mar 20148,47095.895.06$42,831
Feb 20147,66297.406.19$47,443
Jan 20148,52990.404.86$41,457
Dec 20138,70591.824.35$37,906
Nov 20139,07588.853.74$33,925
Oct 20139,79197.423.78$37,004
Sep 20139,380104.113.72$34,872
Aug 20137,000104.253.52$24,658
Jul 20137,573102.523.72$28,154
Jun 20138,50394.403.93$33,446
May 20138,70594.834.15$36,118
Apr 201310,58093.964.28$45,310
Mar 20138,86293.623.91$34,676
Feb 20138,92391.233.42$30,516
Jan 20139,74191.603.42$33,313
Dec 20128,72886.773.42$29,851
Nov 20128,81186.953.62$31,940
Oct 20128,55589.383.40$29,084
Sep 20127,78094.672.92$22,705
Aug 20129,44192.662.91$27,456
Jul 20129,88785.133.02$29,867
Jun 20129,58279.822.52$24,137
May 201210,06291.612.49$25,037
Apr 20129,615101.652.00$19,199
Mar 201210,339105.052.22$22,974
Feb 20129,936101.102.57$25,538
Jan 20129,79798.092.73$26,786
Dec 201110,39996.873.24$33,690
Nov 20119,99195.723.31$33,083
Oct 201110,51884.983.65$38,375
Sep 201110,55483.623.99$42,066
Aug 201111,02483.404.15$45,742
Jul 201111,51394.144.52$52,007
Jun 201110,65392.904.64$49,429
May 201110,99398.134.40$48,422
Apr 201110,870105.964.33$47,103
Mar 201112,75496.364.06$51,747
Feb 201111,93185.644.18$49,871
Jan 201113,48086.504.59$61,857
Dec 201013,61785.734.35$59,203
Nov 201014,33180.843.80$54,391
Oct 201013,82478.103.51$48,507
Sep 201013,02872.633.98$51,845
Aug 201014,41973.684.42$63,723
Jul 201013,70172.554.74$64,895
Jun 201013,75270.364.91$67,528
May 201013,53371.124.24$57,315
Apr 201014,80381.694.12$61,028
Mar 201014,41478.394.39$63,258
Feb 201014,23273.585.44$77,456
Jan 201016,64274.365.96$99,254
Dec 200916,91471.445.48$92,752
Nov 200916,20874.593.75$60,804
Oct 200918,51272.544.11$76,089
Sep 200918,26165.543.06$55,965
Aug 200919,33967.423.22$62,243
Jul 200919,67761.133.46$68,171
Jun 200920,09766.163.90$78,278
May 200921,26454.743.93$83,477
Apr 200921,93446.773.59$78,688
Mar 200924,07842.144.06$97,733
Feb 200923,14532.814.63$107,231
Jan 200927,98935.865.37$150,329
Dec 200830,38737.105.98$181,627
Nov 200829,04555.496.86$199,259
Oct 200821,88675.246.92$151,494
Sep 200822,896101.767.88$180,354
Aug 200826,787114.228.48$227,235
Jul 200829,343131.0811.39$334,200
Jun 200833,238131.3313.03$433,179
May 200838,810123.1711.57$449,198
Apr 200853,651110.3110.45$560,914
Mar 20087,117101.909.66$68,779

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                1,118 Mcf  × $  3.05 =     $3,405

────────────────────────────────────────────────────
Month total                                   $3,405

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/238863 is the state's own key, not one this site invented.