LOWERY 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 252474District 09Field 65280200GasSaveExport
Value, all time
$9.9 M
Mar 2006 – May 2026
Value, last 12 filed months
$140 k
at the published price for each month
Months reported
211
32 months not filed
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
GasProduction2,614,927 Mcf$9,853,795
Total$9,853,795

Every month this lease reported (211)

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

211 months

May 20261,233106.413.05$3,756
Apr 20262,48498.932.87$7,128
Mar 20263,10189.753.15$9,766
Feb 20263,12963.503.75$11,735
Jan 20263,73359.138.00$29,856
Dec 20253,53856.664.41$15,614
Nov 20253,60958.593.93$14,171
Oct 20252,80259.383.30$9,260
Sep 20252,57662.743.08$7,926
Aug 20252,90363.933.01$8,752
Jul 20253,37466.743.32$11,185
Jun 20253,51566.483.13$10,997
May 20254,07760.553.23$13,178
Apr 20254,00462.363.54$14,187
Mar 20253,94067.704.27$16,817
Feb 20253,69970.884.34$16,057
Jan 20254,19374.324.28$17,941
Dec 20243,77368.993.12$11,777
Nov 20243,99069.052.20$8,772
Oct 20244,22771.372.28$9,643
Sep 20243,90669.612.36$9,235
Aug 20243,89075.632.06$8,028
Jul 20243,23679.932.15$6,946
Jun 20241,90978.082.63$5,028
May 20243,21578.812.20$7,068
Apr 20241,83984.451.66$3,051
Mar 202473480.301.55$1,134
Feb 2024176.091.78$2
Jan 20242,64273.023.30$8,712
Dec 20235,74671.262.61$15,001
Nov 20233,25477.892.81$9,136
Oct 20234,76185.443.09$14,699
Sep 20235,83589.042.74$15,959
Aug 20235,24280.522.67$14,011
Jul 20235,59674.852.64$14,784
Jun 20235,50868.962.26$12,440
May 20236,09370.622.23$13,572
Apr 20235,81978.122.24$13,022
Mar 20235,23472.852.39$12,526
Feb 20234,46275.112.47$11,002
Jan 20236,07276.533.39$20,570
Dec 20226,57176.415.73$37,646
Nov 20226,60685.005.65$37,299
Oct 20225,79787.185.86$33,992
Sep 20226,90084.888.16$56,329
Aug 20224,86294.529.13$44,376
Jul 20226,143101.587.54$46,331
Jun 20226,059115.097.98$48,334
May 20225,878109.378.43$49,569
Apr 20226,071104.226.84$41,511
Mar 20226,882108.885.08$34,936
Feb 20226,55691.054.86$31,855
Jan 20227,02381.844.54$31,868
Dec 20215,48571.323.90$21,387
Nov 20216,60277.435.24$34,574
Oct 20216,00179.795.71$34,289
Sep 20215,60069.865.35$29,965
Aug 20216,35466.024.22$26,818
Jul 20216,11970.783.98$24,366
Jun 20215,42669.493.38$18,343
May 20212,43363.483.02$7,342
Apr 20212,57560.362.76$7,103
Mar 202132561.302.72$883
Feb 202182557.805.55$4,577
Jan 20213,38950.412.81$9,524
Dec 20204,02844.642.68$10,777
Nov 20202,83338.772.71$7,668
Oct 202093936.972.48$2,327
Sep 20202,90737.091.99$5,788
Aug 20205,00639.982.39$11,940
Jul 20204,98838.371.83$9,104
Jun 20203,84934.901.69$6,506
May 20205,89716.921.81$10,702
Apr 20206,95714.751.80$12,553
Mar 20207,73230.341.86$14,352
Feb 20206,64249.881.98$13,156
Jan 20204,38557.252.09$9,185
Dec 20195,29359.012.30$12,197
Nov 20197,12755.302.75$19,604
Oct 20195,96253.472.42$14,419
Sep 20196,14855.052.66$16,337
Aug 20196,70653.112.30$15,453
Jul 20197,45456.272.46$18,337
Jun 20197,43552.782.49$18,522
May 20196,70658.482.74$18,377
Apr 20197,93762.632.75$21,832
Mar 20197,90356.803.06$24,200
Feb 20197,31850.852.79$20,433
Jan 20197,74046.033.23$24,986
Dec 20188,16746.594.19$34,182
Nov 20187,20952.934.24$30,546
Oct 20188,40461.443.40$28,557
Sep 20188,01259.543.11$24,901
Aug 20187,11059.403.07$21,803
Jul 20188,68465.142.93$25,460
Jun 20186,87760.183.08$21,160
May 20185,77465.382.90$16,749
Apr 20187,30063.842.90$21,176
Mar 20188,67561.222.79$24,176
Feb 20187,12261.782.77$19,700
Jan 20189,02962.874.01$36,200
Dec 20179,37457.272.92$27,386
Nov 20179,21155.423.12$28,723
Oct 20179,37449.292.98$27,969
Sep 20179,30847.523.09$28,736
Aug 20179,84045.373.00$29,563
Jul 201710,08143.873.09$31,123
Jun 20179,87642.493.09$30,490
May 201710,30045.373.26$33,613
Apr 201710,28347.933.21$33,025
Mar 201710,77846.772.98$32,158
Feb 20179,89150.452.95$29,204
Jan 201710,77449.413.42$36,834
Dec 201610,84548.763.72$40,374
Nov 201610,80242.492.64$28,564
Oct 201611,58946.193.09$35,813
Sep 201611,15841.553.10$34,597
Aug 201611,88941.442.92$34,767
Jul 201612,36241.622.92$36,151
Jun 201611,99345.352.69$32,211
May 201612,56642.521.99$25,019
Apr 201612,45236.561.99$24,792
Mar 201613,48433.011.79$24,190
Feb 201612,98626.472.06$26,798
Jan 201614,53427.352.36$34,364
Dec 201514,94232.362.00$29,905
Nov 201514,87838.792.17$32,246
Oct 201515,92643.552.43$38,646
Sep 201515,75542.992.76$43,459
Aug 201516,76240.162.87$48,149
Jul 201516,48648.152.95$48,553
Jun 201517,41256.152.88$50,196
May 201518,43855.212.96$54,493
Apr 201517,06249.822.71$46,180
Mar 201514,98042.892.93$43,962
Feb 201547944.662.98$1,426
Jan 201562843.433.10$1,947
Dec 201436554.693.59$1,311
Nov 201439470.464.25$1,675
Oct 201460978.303.90$2,376
Sep 20141,66686.164.05$6,740
Aug 201412,08889.394.04$48,777
Jul 201413,23996.564.18$55,334
Jun 201414,52498.164.74$68,798
May 201413,64094.734.73$64,470
Apr 201415,83595.944.81$76,152
Mar 201416,98395.895.06$85,880
Feb 201415,91297.406.19$98,527
Jan 201418,84390.404.86$91,591
Dec 201321,07991.824.35$91,788
Nov 201314,77688.853.74$55,237
Oct 201316,32497.423.78$61,694
Sep 201318,080104.113.72$67,217
Aug 201322,482104.253.52$79,195
Jul 201322,670102.523.72$84,281
Jun 201323,88394.403.93$93,942
May 201327,66994.834.15$114,801
Apr 201329,48093.964.28$126,251
Mar 201333,78693.623.91$132,200
Feb 20138,36091.233.42$28,590
Jan 2013091.603.42$0
Dec 2012086.773.42$0
Nov 2012086.953.62$0
Oct 20125,15289.383.40$17,515
Sep 20128,04594.672.92$23,479
Aug 20128,18092.662.91$23,789
Jul 20125,66985.133.02$17,125
Jun 20129,73879.822.52$24,530
May 201210,74391.612.49$26,732
Apr 20129,792101.652.00$19,553
Mar 201212,315105.052.22$27,365
Feb 20127,940101.102.57$20,408
Jan 201211,05098.092.73$30,212
Dec 201111,67996.873.24$37,837
Nov 201110,92395.723.31$36,169
Oct 201110,94684.983.65$39,937
Sep 201111,14483.623.99$44,418
Aug 20119,75083.404.15$40,456
Jul 201110,70694.144.52$48,362
Jun 201113,17092.904.64$61,107
May 201115,15798.134.40$66,764
Apr 201116,667105.964.33$72,223
Mar 201120,06896.364.06$81,423
Feb 201114,49285.644.18$60,576
Jan 201127,69386.504.59$127,077
Dec 201035,64985.734.35$154,993
Nov 201026,79780.843.80$101,703
Oct 201024,23478.103.51$85,034
Sep 201036,10172.633.98$143,663
Aug 201039,23973.684.42$173,411
Jul 201041,77272.554.74$197,853
Jun 201042,79070.364.91$210,116
May 201046,91371.124.24$198,687
Apr 201047,84981.694.12$197,267
Mar 201052,33978.394.39$229,699
Feb 201050,98973.585.44$277,500
Jan 201060,69074.365.96$361,961
Dec 200967,33071.445.48$369,221
Nov 200974,12574.593.75$278,080
Oct 200988,63672.544.11$364,316
Sep 200997,45365.543.06$298,669
Aug 2009127,45967.423.22$410,227
Jul 200989,72761.133.46$310,859
Jun 2009066.163.90$0
May 2009054.743.93$0
Apr 2009046.773.59$0
Mar 2009042.144.06$0
Jun 2006066.286.38$0
May 2006066.016.42$0
Apr 2006064.397.36$0
Mar 2006056.707.08$0

Not filed, and not zero: Jul 2006 – Feb 2009 (32 months). The Railroad Commission holds no report for those months, so this page shows none — a zero would state that the lease produced nothing.

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                1,233 Mcf  × $  3.05 =     $3,756

────────────────────────────────────────────────────
Month total                                   $3,756

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/252474 is the state's own key, not one this site invented.