BOWSHER UNIT

Operated by INCENDIUM RESOURCES LLC (P-5 102170) 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 274838District 09Field 65280200CondensateGasSaveExport
Value, all time
$5.4 M
Feb 2009 – May 2026
Value, last 12 filed months
$29 k
at the published price for each month
Months reported
208
no gaps in the span
Streams
2
condensate, 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
CondensateDisposition34,250 bbl$2,243,521
GasProduction872,588 Mcf$3,151,740
Total$5,395,261

Every month this lease reported (208)

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

208 months

May 202603,000106.413.05$9,138
Apr 202602,60598.932.87$7,476
Mar 202604,00489.753.15$12,610
Feb 202604563.503.75$169
Jan 20260059.138.00$0
Dec 20250056.664.41$0
Nov 20250058.593.93$0
Oct 20250059.383.30$0
Sep 20250062.743.08$0
Aug 20250063.933.01$0
Jul 20250066.743.32$0
Jun 20250066.483.13$0
May 20250060.553.23$0
Apr 20250062.363.54$0
Mar 20250067.704.27$0
Feb 20250070.884.34$0
Jan 20250074.324.28$0
Dec 20240068.993.12$0
Nov 20240069.052.20$0
Oct 20240071.372.28$0
Sep 20240069.612.36$0
Aug 202496075.632.06$7,260
Jul 20240079.932.15$0
Jun 20240078.082.63$0
May 20240078.812.20$0
Apr 20240084.451.66$0
Mar 20240080.301.55$0
Feb 20240076.091.78$0
Jan 20240073.023.30$0
Dec 20230071.262.61$0
Nov 20230077.892.81$0
Oct 20230085.443.09$0
Sep 20230089.042.74$0
Aug 20230080.522.67$0
Jul 20230074.852.64$0
Jun 20230068.962.26$0
May 20230070.622.23$0
Apr 20230078.122.24$0
Mar 20230072.852.39$0
Feb 20230075.112.47$0
Jan 20230076.533.39$0
Dec 20220076.415.73$0
Nov 20220085.005.65$0
Oct 20220087.185.86$0
Sep 20220084.888.16$0
Aug 20220094.529.13$0
Jul 202200101.587.54$0
Jun 202200115.097.98$0
May 202200109.378.43$0
Apr 202200104.226.84$0
Mar 20220237108.885.08$1,203
Feb 202204391.054.86$209
Jan 202207581.844.54$340
Dec 2021013171.323.90$511
Nov 2021016677.435.24$869
Oct 2021015179.795.71$863
Sep 2021033369.865.35$1,782
Aug 2021038866.024.22$1,638
Jul 20210870.783.98$32
Jun 2021015469.493.38$521
May 2021024463.483.02$736
Apr 2021029860.362.76$822
Mar 202109061.302.72$245
Feb 20210057.805.55$0
Jan 20210050.412.81$0
Dec 20200144.642.68$3
Nov 20200138.772.71$3
Oct 20200136.972.48$2
Sep 20200137.091.99$2
Aug 2020011539.982.39$274
Jul 2020071438.371.83$1,303
Jun 2020064234.901.69$1,085
May 2020089616.921.81$1,626
Apr 202001,69014.751.80$3,049
Mar 202001,88730.341.86$3,503
Feb 202001,97049.881.98$3,902
Jan 202003,28857.252.09$6,888
Dec 201904,06859.012.30$9,374
Nov 201903,87855.302.75$10,667
Oct 201903,94353.472.42$9,536
Sep 201903,94655.052.66$10,486
Aug 201903,47353.112.30$8,003
Jul 20191273,91356.272.46$16,773
Jun 201902,80252.782.49$6,980
May 201904,04758.482.74$11,090
Apr 201904,67162.632.75$12,849
Mar 20191824,53756.803.06$24,230
Feb 2019048450.852.79$1,351
Jan 20191845,14046.033.23$25,062
Dec 201805,33846.594.19$22,342
Nov 201804,67052.934.24$19,788
Oct 201804,61661.443.40$15,686
Sep 201802,11159.543.11$6,561
Aug 2018084759.403.07$2,597
Jul 201803,62765.142.93$10,634
Jun 201803,52660.183.08$10,849
May 201803,54165.382.90$10,272
Apr 201803,46263.842.90$10,043
Mar 201804,77061.222.79$13,293
Feb 201801,34461.782.77$3,718
Jan 2018095462.874.01$3,825
Dec 201702,52157.272.92$7,365
Nov 201704,64355.423.12$14,479
Oct 201704,44049.292.98$13,248
Sep 20170047.523.09$0
Aug 201704,64245.373.00$13,946
Jul 201704,56843.873.09$14,103
Jun 2017674,75642.493.09$17,530
May 201794,50645.373.26$15,113
Apr 201791,21847.933.21$4,343
Mar 201702,14046.772.98$6,385
Feb 20171783,54450.452.95$19,444
Jan 201773,96949.413.42$13,915
Dec 2016664,15148.763.72$18,672
Nov 20161863,63742.492.64$17,521
Oct 201674,12746.193.09$13,077
Sep 20161754,01241.553.10$19,711
Aug 20161763,91041.442.92$18,728
Jul 2016173,28541.622.92$10,314
Jun 201603,19145.352.69$8,570
May 20161732,53842.521.99$12,409
Apr 201602,76036.561.99$5,495
Mar 201642,53533.011.79$4,680
Feb 20161782,53426.472.06$9,941
Jan 2016864,77727.352.36$13,647
Dec 201545,16132.362.00$10,459
Nov 20151735,66038.792.17$18,978
Oct 20151046,21243.552.43$19,603
Sep 20151936,10542.992.76$25,137
Aug 201506,11940.162.87$17,577
Jul 20151705,61848.152.95$24,731
Jun 201514,36356.152.88$12,634
May 20151694,63655.212.96$23,032
Apr 20152785,42449.822.71$28,530
Mar 20151155,60942.892.93$21,393
Feb 20151014,83744.662.98$18,906
Jan 20151715,45543.433.10$24,340
Dec 20141335,17054.693.59$25,841
Nov 20141764,90770.464.25$33,265
Oct 20141735,37378.303.90$34,506
Sep 20141184,66086.164.05$29,019
Aug 201404,44689.394.04$17,940
Jul 20142405,05996.564.18$44,319
Jun 20141104,92698.164.74$34,131
May 20141754,79394.734.73$39,232
Apr 20141754,91095.944.81$40,402
Mar 201403,82295.895.06$19,327
Feb 20142453,65297.406.19$46,476
Jan 20141713,93690.404.86$34,590
Dec 201304,01491.824.35$17,479
Nov 20131684,96188.853.74$33,472
Oct 20131295,71197.423.78$34,151
Sep 20131715,828104.113.72$39,470
Aug 20131715,960104.253.52$38,822
Jul 201306,075102.523.72$22,585
Jun 20131715,54494.403.93$37,949
May 201305,79794.834.15$24,052
Apr 20131705,76593.964.28$40,662
Mar 20131785,70893.623.91$38,999
Feb 20131755,37791.233.42$34,354
Jan 201306,00691.603.42$20,540
Dec 20121735,92086.773.42$35,259
Nov 20121685,26886.953.62$33,704
Oct 201205,45189.383.40$18,532
Sep 20121745,41394.672.92$32,270
Aug 20121605,67392.662.91$31,324
Jul 20121745,98085.133.02$32,877
Jun 20121716,04879.822.52$28,884
May 20121666,20191.612.49$30,637
Apr 201206,474101.652.00$12,927
Mar 20121666,683105.052.22$32,288
Feb 20121706,624101.102.57$34,212
Jan 20123406,95898.092.73$52,374
Dec 20111697,05196.873.24$39,214
Nov 20111717,04095.723.31$39,680
Oct 20111647,37084.983.65$40,826
Sep 20111757,26283.623.99$43,578
Aug 20111787,59683.404.15$46,363
Jul 20113267,58794.144.52$64,962
Jun 20111617,35192.904.64$49,065
May 20111717,46298.134.40$49,649
Apr 20113177,111105.964.33$64,403
Mar 20113297,36196.364.06$61,569
Feb 20111786,04485.644.18$40,508
Jan 20111698,36086.504.59$52,981
Dec 20103388,41185.734.35$65,546
Nov 20103298,43180.843.80$58,595
Oct 20102979,14878.103.51$55,295
Sep 20103279,33272.633.98$60,886
Aug 201049310,08373.684.42$80,885
Jul 201034110,74572.554.74$75,633
Jun 201050110,78870.364.91$88,224
May 201050611,13171.124.24$83,129
Apr 201051710,72281.694.12$86,437
Mar 201051910,12978.394.39$85,137
Feb 20105178,55973.585.44$84,622
Jan 20106989,57574.365.96$109,009
Dec 200971411,13371.445.48$112,059
Nov 200970511,07374.593.75$94,126
Oct 200988413,95772.544.11$121,492
Sep 20091,01116,02165.543.06$115,361
Aug 20091,02617,15567.423.22$124,386
Jul 20091,39622,34661.133.46$162,755
Jun 20091,73825,33666.163.90$213,670
May 20092,47731,19254.743.93$258,043
Apr 20093,48834,45046.773.59$286,723
Mar 20094,60330,99842.144.06$319,791
Feb 200904,69632.814.63$21,757

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
Condensate             0 bbl  × $106.41 =         $0
Gas                3,000 Mcf  × $  3.05 =     $9,138

────────────────────────────────────────────────────
Month total                                   $9,138

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/274838 is the state's own key, not one this site invented.