INDIAN CREEK

Operated by BKV NORTH TEXAS, LLC (P-5 100345) in the NEWARK, EAST (CADDO LIME) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 196632District 05Field 65280230CondensateGasSaveExport
Value, all time
$2.0 M
Jun 2003 – May 2026
Value, last 12 filed months
$21 k
at the published price for each month
Months reported
276
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 31 leases and 31 wells, and the rule below applies to all of them.

Discovered
2002-10-25
as the register files it
Field class
Gas
the register's own label
Between wells
660 ft
minimum
From a lease line
330 ft
minimum

A drilling unit in this field needs at least 40 acres. The field rule took effect on 2004-05-11.

The Commission's schedule remark for this field reads: SPACING RULES ADOPTED EFF. 5-11-04 PER DOCKET #05-0238059.

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
CondensateDisposition1 bbl$34
GasProduction364,096 Mcf$2,040,281
Total$2,040,315

Every month this lease reported (276)

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

276 months

May 20260457106.413.05$1,392
Apr 2026044898.932.87$1,286
Mar 2026047089.753.15$1,480
Feb 2026045263.503.75$1,695
Jan 2026054659.138.00$4,367
Dec 2025049256.664.41$2,171
Nov 2025045558.593.93$1,787
Oct 2025042959.383.30$1,418
Sep 2025040462.743.08$1,243
Aug 2025041863.933.01$1,260
Jul 2025043666.743.32$1,445
Jun 2025043966.483.13$1,374
May 2025048660.553.23$1,571
Apr 2025047262.363.54$1,672
Mar 2025049067.704.27$2,091
Feb 2025046470.884.34$2,014
Jan 2025059974.324.28$2,563
Dec 2024050368.993.12$1,570
Nov 2024046769.052.20$1,027
Oct 2024045271.372.28$1,031
Sep 2024040469.612.36$955
Aug 2024041175.632.06$848
Jul 2024043379.932.15$929
Jun 2024049378.082.63$1,299
May 2024049478.812.20$1,086
Apr 2024049384.451.66$818
Mar 2024052180.301.55$805
Feb 2024048776.091.78$869
Jan 2024058673.023.30$1,932
Dec 2023050771.262.61$1,324
Nov 2023046177.892.81$1,294
Oct 2023042485.443.09$1,309
Sep 20230389.042.74$8
Aug 2023041780.522.67$1,115
Jul 20230074.852.64$0
Jun 202303168.962.26$70
May 202301070.622.23$22
Apr 20230078.122.24$0
Mar 2023062872.852.39$1,503
Feb 2023055475.112.47$1,366
Jan 202301076.533.39$34
Dec 2022054676.415.73$3,128
Nov 2022047785.005.65$2,693
Oct 2022045287.185.86$2,650
Sep 2022040384.888.16$3,290
Aug 2022041294.529.13$3,760
Jul 20220441101.587.54$3,326
Jun 20220473115.097.98$3,773
May 20220519109.378.43$4,377
Apr 20220523104.226.84$3,576
Mar 20220554108.885.08$2,812
Feb 2022053091.054.86$2,575
Jan 2022063981.844.54$2,900
Dec 2021057371.323.90$2,234
Nov 2021049877.435.24$2,608
Oct 2021049879.795.71$2,846
Sep 2021046769.865.35$2,499
Aug 2021049466.024.22$2,085
Jul 2021056970.783.98$2,266
Jun 2021065069.493.38$2,197
May 2021068263.483.02$2,058
Apr 2021065760.362.76$1,812
Mar 2021070261.302.72$1,907
Feb 2021059857.805.55$3,318
Jan 2021070850.412.81$1,990
Dec 2020072044.642.68$1,926
Nov 2020068038.772.71$1,840
Oct 2020069836.972.48$1,730
Sep 2020064537.091.99$1,284
Aug 2020067939.982.39$1,619
Jul 2020085938.371.83$1,568
Jun 2020093134.901.69$1,574
May 2020094916.921.81$1,722
Apr 2020095214.751.80$1,718
Mar 2020099530.341.86$1,847
Feb 2020092549.881.98$1,832
Jan 2020098157.252.09$2,055
Dec 2019095559.012.30$2,201
Nov 2019092955.302.75$2,555
Oct 2019095753.472.42$2,315
Sep 2019096055.052.66$2,551
Aug 2019098953.112.30$2,279
Jul 2019090956.272.46$2,236
Jun 2019062952.782.49$1,567
May 2019073858.482.74$2,022
Apr 2019071262.632.75$1,959
Mar 2019075456.803.06$2,309
Feb 2019070150.852.79$1,957
Jan 2019093046.033.23$3,002
Dec 2018074946.594.19$3,135
Nov 2018073552.934.24$3,114
Oct 2018075261.443.40$2,555
Sep 2018065059.543.11$2,020
Aug 2018066959.403.07$2,052
Jul 2018070765.142.93$2,073
Jun 2018077260.183.08$2,375
May 2018079465.382.90$2,303
Apr 2018078763.842.90$2,283
Mar 2018082961.222.79$2,310
Feb 2018076461.782.77$2,113
Jan 2018086462.874.01$3,464
Dec 2017080757.272.92$2,358
Nov 2017076955.423.12$2,398
Oct 2017078349.292.98$2,336
Sep 2017073547.523.09$2,269
Aug 2017070145.373.00$2,106
Jul 2017068843.873.09$2,124
Jun 2017078942.493.09$2,436
May 2017083245.373.26$2,715
Apr 2017081347.933.21$2,611
Mar 2017084546.772.98$2,521
Feb 2017078450.452.95$2,315
Jan 2017090049.413.42$3,077
Dec 2016077548.763.72$2,885
Nov 2016079442.492.64$2,100
Oct 2016081546.193.09$2,519
Sep 2016080041.553.10$2,481
Aug 2016082741.442.92$2,418
Jul 2016080241.622.92$2,345
Jun 2016076845.352.69$2,063
May 2016080042.521.99$1,593
Apr 2016078836.561.99$1,569
Mar 2016082033.011.79$1,471
Feb 2016077426.472.06$1,597
Jan 2016081727.352.36$1,932
Dec 2015095832.362.00$1,917
Nov 2015093438.792.17$2,024
Oct 2015094243.552.43$2,286
Sep 2015088542.992.76$2,441
Aug 2015085140.162.87$2,444
Jul 2015052948.152.95$1,558
Jun 2015051156.152.88$1,473
May 2015054855.212.96$1,620
Apr 2015053749.822.71$1,453
Mar 2015062542.892.93$1,834
Feb 2015060344.662.98$1,795
Jan 2015073943.433.10$2,291
Dec 2014075954.693.59$2,726
Nov 2014070370.464.25$2,989
Oct 2014061378.303.90$2,391
Sep 2014057286.164.05$2,314
Aug 2014058689.394.04$2,365
Jul 2014061396.564.18$2,562
Jun 2014063698.164.74$3,013
May 2014067394.734.73$3,181
Apr 2014068995.944.81$3,313
Mar 2014075195.895.06$3,798
Feb 2014076897.406.19$4,755
Jan 2014079990.404.86$3,884
Dec 2013085991.824.35$3,741
Nov 2013068188.853.74$2,546
Oct 2013073597.423.78$2,778
Sep 20130730104.113.72$2,714
Aug 20130801104.253.52$2,822
Jul 20130550102.523.72$2,045
Jun 2013088994.403.93$3,497
May 201301,07594.834.15$4,460
Apr 2013075393.964.28$3,225
Mar 2013082993.623.91$3,244
Feb 2013075691.233.42$2,585
Jan 2013088891.603.42$3,037
Dec 2012089586.773.42$3,061
Nov 2012080186.953.62$2,904
Oct 2012077289.383.40$2,625
Sep 2012072294.672.92$2,107
Aug 2012071592.662.91$2,079
Jul 2012087585.133.02$2,643
Jun 2012087979.822.52$2,214
May 2012092891.612.49$2,309
Apr 20120941101.652.00$1,879
Mar 20120844105.052.22$1,875
Feb 20120785101.102.57$2,018
Jan 2012098698.092.73$2,696
Dec 2011098196.873.24$3,178
Nov 2011089795.723.31$2,970
Oct 2011072284.983.65$2,634
Sep 2011062083.623.99$2,471
Aug 2011063583.404.15$2,635
Jul 2011080394.144.52$3,627
Jun 2011082892.904.64$3,842
May 2011088598.134.40$3,898
Apr 20110875105.964.33$3,792
Mar 2011095396.364.06$3,867
Feb 201101,01885.644.18$4,255
Jan 201101,17386.504.59$5,383
Dec 201001,10885.734.35$4,817
Nov 2010099180.843.80$3,761
Oct 201001,29578.103.51$4,544
Sep 201001,28472.633.98$5,110
Aug 201001,34573.684.42$5,944
Jul 201001,32672.554.74$6,281
Jun 201001,30970.364.91$6,428
May 201001,33971.124.24$5,671
Apr 201001,34181.694.12$5,529
Mar 201001,35578.394.39$5,947
Feb 201001,28173.585.44$6,972
Jan 201001,30774.365.96$7,795
Dec 200901,25071.445.48$6,855
Nov 200901,12474.593.75$4,217
Oct 200901,13972.544.11$4,682
Sep 200901,03865.543.06$3,181
Aug 200901,03167.423.22$3,318
Jul 200901,08261.133.46$3,749
Jun 200901,11166.163.90$4,327
May 200901,82954.743.93$7,180
Apr 200901,90446.773.59$6,831
Mar 200901,83242.144.06$7,436
Feb 200901,36232.814.63$6,310
Jan 200901,87135.865.37$10,049
Dec 200801,97237.105.98$11,787
Nov 200801,92555.496.86$13,206
Oct 200801,91475.246.92$13,249
Sep 200801,850101.767.88$14,573
Aug 200802,517114.228.48$21,352
Jul 200801,838131.0811.39$20,934
Jun 200801,458131.3313.03$19,002
May 200801,840123.1711.57$21,297
Apr 200801,330110.3110.45$13,905
Mar 200801,998101.909.66$19,309
Feb 200801,92692.538.77$16,892
Jan 200802,01690.388.21$16,543
Dec 200701,90688.337.30$13,918
Nov 200701,60891.677.29$11,725
Oct 200701,77882.856.92$12,307
Sep 200701,95675.846.24$12,214
Aug 200701,81269.066.39$11,575
Jul 200702,17170.906.39$13,868
Jun 200702,13062.007.55$16,078
May 200702,09958.747.85$16,469
Apr 200702,04559.617.81$15,962
Mar 200702,26456.927.30$16,532
Feb 200702,06955.108.22$16,999
Jan 200702,29550.306.73$15,438
Dec 200602,11056.656.92$14,598
Nov 200602,48054.207.62$18,891
Oct 200601,62154.906.01$9,748
Sep 200601,88860.085.04$9,510
Aug 200602,12968.717.34$15,627
Jul 200602,81169.376.34$17,830
Jun 200602,86566.286.38$18,290
May 200602,97366.016.42$19,102
Apr 200603,51964.397.36$25,902
Mar 200603,16156.707.08$22,389
Feb 200603,09257.597.75$23,966
Jan 200604,20360.598.93$37,547
Dec 200503,47154.9413.42$46,565
Nov 200502,85054.6910.59$30,177
Oct 200503,20358.3413.80$44,188
Sep 200503,54161.4512.08$42,772
Aug 200504,21761.519.80$41,313
Jul 200503,49955.697.84$27,445
Jun 200503,52452.337.38$26,011
May 200503,94045.226.65$26,206
Apr 200503,61649.207.36$26,616
Mar 200504,11550.377.15$29,442
Feb 200503,12245.226.31$19,706
Jan 200503,90443.166.32$24,682
Dec 200403,91139.866.75$26,403
Nov 200404,80245.286.33$30,399
Oct 200403,35249.706.52$21,839
Sep 200403,30743.245.28$17,474
Aug 200403,37742.375.55$18,745
Jul 200404,32238.286.08$26,296
Jun 200404,28436.106.43$27,559
May 200405,50537.486.49$35,753
Apr 200406,38534.475.86$37,406
Mar 200415,45534.365.53$30,201
Feb 200406,90332.455.51$38,033
Jan 200407,78432.036.30$49,036
Dec 200301,00730.266.30$6,346
Nov 200302,88628.804.60$13,262
Oct 200303,47728.174.76$16,549
Sep 200304,38926.314.75$20,845
Aug 200303,68229.765.13$18,888
Jul 200303,41229.415.17$17,643
Jun 200306,44228.565.98$38,542

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                  457 Mcf  × $  3.05 =     $1,392

────────────────────────────────────────────────────
Month total                                   $1,392

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. 05/G/196632 is the state's own key, not one this site invented.