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 259164District 09Field 65280200GasSaveExport
Value, all time
$8.1 M
Nov 2010 – May 2026
Value, last 12 filed months
$192 k
at the published price for each month
Months reported
187
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
GasProduction2,341,841 Mcf$8,139,544
Total$8,139,544

Every month this lease reported (187)

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

187 months

May 20265,017106.413.05$15,281
Apr 20265,10598.932.87$14,650
Mar 20265,62389.753.15$17,709
Feb 202664363.503.75$2,411
Jan 20264,12559.138.00$32,991
Dec 20253,50356.664.41$15,460
Nov 20255,15458.593.93$20,237
Oct 20255,26659.383.30$17,403
Sep 20254,85562.743.08$14,938
Aug 20254,00363.933.01$12,068
Jul 20253,88766.743.32$12,886
Jun 20255,00966.483.13$15,672
May 20255,30360.553.23$17,141
Apr 20255,21562.363.54$18,477
Mar 20255,49167.704.27$23,437
Feb 20254,37670.884.34$18,996
Jan 20255,25274.324.28$22,472
Dec 20245,18568.993.12$16,184
Nov 20245,03869.052.20$11,076
Oct 20244,70871.372.28$10,741
Sep 20245,21169.612.36$12,321
Aug 20245,52375.632.06$11,397
Jul 20244,49179.932.15$9,640
Jun 20246,57378.082.63$17,313
May 20246,12578.812.20$13,465
Apr 20246,92584.451.66$11,490
Mar 20247,84580.301.55$12,122
Feb 20241,98076.091.78$3,532
Jan 20243,60173.023.30$11,875
Dec 202341671.262.61$1,086
Nov 202342577.892.81$1,193
Oct 20232,27285.443.09$7,014
Sep 20235,11489.042.74$13,987
Aug 20234,77580.522.67$12,763
Jul 20234,56274.852.64$12,052
Jun 20233,62268.962.26$8,180
May 20231,54570.622.23$3,441
Apr 20234,91678.122.24$11,001
Mar 20237,72372.852.39$18,482
Feb 20231,03475.112.47$2,550
Jan 20233,86176.533.39$13,080
Dec 20226,49276.415.73$37,193
Nov 20224,25985.005.65$24,047
Oct 20224,78487.185.86$28,052
Sep 20225,83084.888.16$47,594
Aug 20224,61594.529.13$42,122
Jul 20226,437101.587.54$48,548
Jun 20225,599115.097.98$44,664
May 20224,665109.378.43$39,340
Apr 20226,277104.226.84$42,920
Mar 20226,834108.885.08$34,692
Feb 20226,42891.054.86$31,233
Jan 20225,49581.844.54$24,935
Dec 20216,21271.323.90$24,221
Nov 20215,80277.435.24$30,384
Oct 20214,54979.795.71$25,992
Sep 20216,90569.865.35$36,948
Aug 20217,22766.024.22$30,502
Jul 20216,82770.783.98$27,186
Jun 20216,09069.493.38$20,588
May 20216,06763.483.02$18,308
Apr 20215,86360.362.76$16,173
Mar 20216,32961.302.72$17,196
Feb 20214,70657.805.55$26,109
Jan 20216,53050.412.81$18,351
Dec 20206,83144.642.68$18,276
Nov 20207,50338.772.71$20,307
Oct 20207,94636.972.48$19,694
Sep 20207,71737.091.99$15,365
Aug 20207,88039.982.39$18,795
Jul 20207,24638.371.83$13,225
Jun 20207,27834.901.69$12,302
May 20207,77816.921.81$14,115
Apr 20205,65614.751.80$10,206
Mar 20208,10930.341.86$15,052
Feb 20208,08349.881.98$16,010
Jan 20204,66657.252.09$9,774
Dec 20195,84459.012.30$13,467
Nov 20196,89255.302.75$18,958
Oct 20196,65853.472.42$16,103
Sep 20196,34255.052.66$16,852
Aug 20195,47053.112.30$12,605
Jul 20195,70756.272.46$14,040
Jun 20197,30152.782.49$18,188
May 20195,36458.482.74$14,699
Apr 20196,95862.632.75$19,139
Mar 20195,25856.803.06$16,101
Feb 20198,02050.852.79$22,394
Jan 20196,88946.033.23$22,239
Dec 20189,13246.594.19$38,221
Nov 20189,17752.934.24$38,885
Oct 20189,80361.443.40$33,311
Sep 20188,66259.543.11$26,922
Aug 20187,76059.403.07$23,797
Jul 20189,61565.142.93$28,190
Jun 20189,05860.183.08$27,871
May 20189,69265.382.90$28,115
Apr 201810,85463.842.90$31,485
Mar 20185,54061.222.79$15,439
Feb 2018061.782.77$0
Jan 20182,73962.874.01$10,982
Dec 201710,04057.272.92$29,332
Nov 201710,16055.423.12$31,683
Oct 20177,02849.292.98$20,969
Sep 20179,38647.523.09$28,977
Aug 20179,93845.373.00$29,858
Jul 201710,24443.873.09$31,626
Jun 201710,00642.493.09$30,891
May 201710,50645.373.26$34,285
Apr 201710,52547.933.21$33,802
Mar 201711,00346.772.98$32,829
Feb 201710,20750.452.95$30,137
Jan 201711,22349.413.42$38,369
Dec 201611,59648.763.72$43,170
Nov 20169,04042.492.64$23,905
Oct 201611,55846.193.09$35,717
Sep 201610,77241.553.10$33,400
Aug 201611,92241.442.92$34,864
Jul 201613,25941.622.92$38,774
Jun 201611,45045.352.69$30,753
May 201611,39942.521.99$22,696
Apr 201613,02036.561.99$25,923
Mar 201614,18033.011.79$25,439
Feb 201613,34926.472.06$27,547
Jan 201615,05427.352.36$35,593
Dec 201515,19432.362.00$30,409
Nov 201515,37738.792.17$33,327
Oct 201516,43743.552.43$39,886
Sep 201516,46842.992.76$45,426
Aug 201513,52840.162.87$38,859
Jul 201515,30348.152.95$45,069
Jun 201514,68156.152.88$42,323
May 201515,08355.212.96$44,577
Apr 201518,53849.822.71$50,174
Mar 201517,10142.892.93$50,186
Feb 201518,22644.662.98$54,244
Jan 201519,01443.433.10$58,955
Dec 201411,38254.693.59$40,877
Nov 201410,36170.464.25$44,053
Oct 201417,12278.303.90$66,792
Sep 201416,33586.164.05$66,082
Aug 201418,65389.394.04$75,267
Jul 201412,73096.564.18$53,206
Jun 201412,50698.164.74$59,239
May 201413,18894.734.73$62,334
Apr 201412,57195.944.81$60,455
Mar 201415,41095.895.06$77,925
Feb 201415,44797.406.19$95,648
Jan 201418,18490.404.86$88,387
Dec 201316,72691.824.35$72,833
Nov 201318,01388.853.74$67,338
Oct 201316,51697.423.78$62,420
Sep 201318,090104.113.72$67,254
Aug 201320,753104.253.52$73,105
Jul 201320,662102.523.72$76,816
Jun 201320,65994.403.93$81,260
May 201322,42994.834.15$93,060
Apr 201322,04793.964.28$94,418
Mar 201323,26793.623.91$91,041
Feb 201321,09391.233.42$72,136
Jan 201323,07791.603.42$78,921
Dec 201222,16486.773.42$75,804
Nov 201223,48686.953.62$85,136
Oct 201225,21889.383.40$85,733
Sep 201228,07194.672.92$81,922
Aug 201229,12092.662.91$84,686
Jul 201228,56685.133.02$86,292
Jun 201226,64479.822.52$67,117
May 201230,76491.612.49$76,551
Apr 201231,774101.652.00$63,446
Mar 201234,805105.052.22$77,339
Feb 201233,883101.102.57$87,087
Jan 201237,93098.092.73$103,704
Dec 201140,56496.873.24$131,417
Nov 201141,78695.723.31$138,365
Oct 201144,99384.983.65$164,159
Sep 201147,18283.623.99$188,058
Aug 201150,22983.404.15$208,416
Jul 201156,09794.144.52$253,404
Jun 201161,87692.904.64$287,097
May 201174,03698.134.40$326,115
Apr 201191,606105.964.33$396,954
Mar 201124,46496.364.06$99,259
Feb 2011085.644.18$0
Jan 2011086.504.59$0
Dec 2010085.734.35$0
Nov 2010080.843.80$0

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                5,017 Mcf  × $  3.05 =    $15,281

────────────────────────────────────────────────────
Month total                                  $15,281

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/259164 is the state's own key, not one this site invented.