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 259197District 09Field 65280200GasSaveExport
Value, all time
$3.9 M
Nov 2010 – May 2026
Value, last 12 filed months
$119 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
GasProduction1,119,451 Mcf$3,868,271
Total$3,868,271

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 20262,622106.413.05$7,986
Apr 20262,42398.932.87$6,953
Mar 20262,04089.753.15$6,425
Feb 20262,16663.503.75$8,123
Jan 20262,58659.138.00$20,683
Dec 20252,57556.664.41$11,364
Nov 20252,63058.593.93$10,327
Oct 20253,08659.383.30$10,199
Sep 20252,82562.743.08$8,692
Aug 20253,73463.933.01$11,257
Jul 20252,87966.743.32$9,544
Jun 20252,35166.483.13$7,356
May 20252,69560.553.23$8,711
Apr 20252,61662.363.54$9,269
Mar 20252,33867.704.27$9,979
Feb 20252,49370.884.34$10,822
Jan 20252,64174.324.28$11,300
Dec 20242,73368.993.12$8,531
Nov 20243,10669.052.20$6,828
Oct 20242,50871.372.28$5,722
Sep 20242,41669.612.36$5,712
Aug 20242,70875.632.06$5,588
Jul 20242,66979.932.15$5,729
Jun 20242,78878.082.63$7,344
May 20242,67878.812.20$5,887
Apr 20241,43084.451.66$2,373
Mar 2024080.301.55$0
Feb 20241,91776.091.78$3,419
Jan 20242,24373.023.30$7,397
Dec 20232,38271.262.61$6,219
Nov 20232,30177.892.81$6,460
Oct 20232,10685.443.09$6,502
Sep 20232,61089.042.74$7,138
Aug 20232,84980.522.67$7,615
Jul 20232,60274.852.64$6,874
Jun 20232,45568.962.26$5,545
May 20232,77970.622.23$6,190
Apr 20232,77378.122.24$6,205
Mar 20232,83772.852.39$6,789
Feb 20232,69075.112.47$6,633
Jan 20233,79176.533.39$12,843
Dec 20222,87476.415.73$16,465
Nov 20222,50885.005.65$14,161
Oct 20222,89987.185.86$16,999
Sep 2022084.888.16$0
Aug 20222,18094.529.13$19,897
Jul 20222,331101.587.54$17,581
Jun 20222,621115.097.98$20,908
May 20221,942109.378.43$16,377
Apr 20222,363104.226.84$16,157
Mar 20223,041108.885.08$15,437
Feb 20223,87191.054.86$18,809
Jan 20222681.844.54$118
Dec 202131371.323.90$1,220
Nov 20212,89077.435.24$15,135
Oct 20212,59979.795.71$14,850
Sep 20212,29369.865.35$12,270
Aug 20212,40466.024.22$10,146
Jul 20212,18670.783.98$8,705
Jun 20211,62269.493.38$5,483
May 20211,94163.483.02$5,857
Apr 20212,36660.362.76$6,526
Mar 20212,88761.302.72$7,844
Feb 20212,53957.805.55$14,086
Jan 20213,30750.412.81$9,294
Dec 20203,70544.642.68$9,913
Nov 20203,93538.772.71$10,650
Oct 20204,08436.972.48$10,122
Sep 20203,76737.091.99$7,500
Aug 20203,84439.982.39$9,168
Jul 20203,82638.371.83$6,983
Jun 20203,57134.901.69$6,036
May 20203,66116.921.81$6,644
Apr 20203,51014.751.80$6,333
Mar 20203,38630.341.86$6,285
Feb 20203,20449.881.98$6,346
Jan 20202,58957.252.09$5,423
Dec 20193,40259.012.30$7,839
Nov 20193,38655.302.75$9,314
Oct 20193,48653.472.42$8,431
Sep 20193,31855.052.66$8,817
Aug 20193,59953.112.30$8,293
Jul 20192,87956.272.46$7,083
Jun 20193,63152.782.49$9,046
May 20193,42058.482.74$9,372
Apr 20193,59562.632.75$9,889
Mar 20193,76156.803.06$11,517
Feb 20193,30050.852.79$9,214
Jan 20193,88146.033.23$12,529
Dec 20182,94646.594.19$12,330
Nov 20183,55752.934.24$15,072
Oct 20183,96061.443.40$13,456
Sep 20183,14759.543.11$9,781
Aug 20183,72059.403.07$11,408
Jul 20183,95765.142.93$11,601
Jun 20183,96160.183.08$12,188
May 20184,17365.382.90$12,105
Apr 20184,00663.842.90$11,621
Mar 20184,33261.222.79$12,073
Feb 20183,72661.782.77$10,307
Jan 20183,89862.874.01$15,628
Dec 20174,55857.272.92$13,316
Nov 20174,55555.423.12$14,204
Oct 20174,24949.292.98$12,678
Sep 20174,23447.523.09$13,072
Aug 20173,79345.373.00$11,396
Jul 20174,94643.873.09$15,270
Jun 20174,93742.493.09$15,242
May 20175,19945.373.26$16,966
Apr 20175,16247.933.21$16,578
Mar 20175,45046.772.98$16,261
Feb 20175,09950.452.95$15,055
Jan 20175,16649.413.42$17,662
Dec 20164,28748.763.72$15,960
Nov 20164,61342.492.64$12,198
Oct 20164,02846.193.09$12,448
Sep 20163,99041.553.10$12,372
Aug 20165,43341.442.92$15,888
Jul 20165,98541.622.92$17,502
Jun 20166,23045.352.69$16,733
May 20166,78442.521.99$13,507
Apr 20166,29236.561.99$12,528
Mar 20166,80633.011.79$12,210
Feb 20166,27726.472.06$12,953
Jan 20166,70727.352.36$15,858
Dec 20156,02132.362.00$12,050
Nov 20154,52938.792.17$9,816
Oct 20153,26543.552.43$7,923
Sep 20156,34142.992.76$17,491
Aug 20157,54740.162.87$21,679
Jul 20157,53848.152.95$22,200
Jun 20157,72156.152.88$22,259
May 20158,92755.212.96$26,383
Apr 201510,31149.822.71$27,907
Mar 20155,17342.892.93$15,181
Feb 2015044.662.98$0
Jan 20152,89743.433.10$8,983
Dec 20144,06954.693.59$14,613
Nov 20144,64970.464.25$19,767
Oct 20147,92578.303.90$30,915
Sep 20146,35686.164.05$25,713
Aug 20145,21689.394.04$21,047
Jul 20144,26496.564.18$17,822
Jun 20144,11798.164.74$19,502
May 20144,72494.734.73$22,328
Apr 20145,85395.944.81$28,148
Mar 20148,24195.895.06$41,673
Feb 20148,25997.406.19$51,140
Jan 201410,10090.404.86$49,093
Dec 201310,00991.824.35$43,584
Nov 20139,72388.853.74$36,347
Oct 201310,45697.423.78$39,517
Sep 201310,393104.113.72$38,638
Aug 201310,735104.253.52$37,815
Jul 201310,721102.523.72$39,858
Jun 201310,57394.403.93$41,588
May 201311,59294.834.15$48,096
Apr 201311,77593.964.28$50,428
Mar 201312,87293.623.91$50,366
Feb 20136,04291.233.42$20,663
Jan 201316,65191.603.42$56,945
Dec 201217,02486.773.42$58,225
Nov 201216,11586.953.62$58,416
Oct 201216,73789.383.40$56,900
Sep 201216,34594.672.92$47,701
Aug 201217,01792.662.91$49,488
Jul 201217,34485.133.02$52,393
Jun 201217,42979.822.52$43,904
May 201210,51591.612.49$26,165
Apr 201214,079101.652.00$28,113
Mar 201215,797105.052.22$35,102
Feb 201215,224101.102.57$39,129
Jan 201217,22098.092.73$47,081
Dec 201118,41296.873.24$59,650
Nov 201119,34395.723.31$64,050
Oct 201120,85284.983.65$76,079
Sep 201121,87283.623.99$87,177
Aug 201124,55383.404.15$101,878
Jul 201126,33494.144.52$118,957
Jun 201128,60892.904.64$132,738
May 201131,60098.134.40$139,192
Apr 201139,016105.964.33$169,067
Mar 20119,45396.364.06$38,354
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                2,622 Mcf  × $  3.05 =     $7,986

────────────────────────────────────────────────────
Month total                                   $7,986

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/259197 is the state's own key, not one this site invented.