ICI-LEJ 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 218372District 09Field 65280200CondensateGasSaveExport
Value, all time
$6.3 M
Jun 2005 – May 2026
Value, last 12 filed months
$133 k
at the published price for each month
Months reported
252
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
CondensateDisposition7 bbl$633
GasProduction908,729 Mcf$6,323,727
Total$6,324,359

Every month this lease reported (252)

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

252 months

May 2026064106.413.05$195
Apr 202601,97498.932.87$5,665
Mar 202601,50089.753.15$4,724
Feb 2026058463.503.75$2,190
Jan 202602,76559.138.00$22,114
Dec 202507,20656.664.41$31,803
Nov 202504,94758.593.93$19,424
Oct 202502,55459.383.30$8,441
Sep 202502,75762.743.08$8,483
Aug 202501,94863.933.01$5,873
Jul 202502,17766.743.32$7,217
Jun 202505,32766.483.13$16,667
May 202505,21260.553.23$16,847
Apr 202505,17862.363.54$18,346
Mar 202503,54567.704.27$15,131
Feb 202502,20370.884.34$9,563
Jan 202502,91974.324.28$12,489
Dec 202403,72468.993.12$11,624
Nov 202403,48169.052.20$7,653
Oct 202404,30171.372.28$9,812
Sep 202403,87469.612.36$9,160
Aug 202403,48875.632.06$7,198
Jul 202403,74579.932.15$8,039
Jun 202404,50778.082.63$11,871
May 202404,55578.812.20$10,014
Apr 202404,07384.451.66$6,758
Mar 202404,00780.301.55$6,191
Feb 202401,53676.091.78$2,740
Jan 202402,25573.023.30$7,436
Dec 202304,23371.262.61$11,051
Nov 202304,13377.892.81$11,604
Oct 202303,88885.443.09$12,003
Sep 202303,38189.042.74$9,247
Aug 202304,23680.522.67$11,322
Jul 202305,65174.852.64$14,929
Jun 202307,67568.962.26$17,334
May 202305,38370.622.23$11,990
Apr 202307,40778.122.24$16,575
Mar 202307,94972.852.39$19,023
Feb 202305,97275.112.47$14,725
Jan 202305,88376.533.39$19,930
Dec 202206,50176.415.73$37,245
Nov 202207,69285.005.65$43,431
Oct 202202,48687.185.86$14,577
Sep 20220084.888.16$0
Aug 202207,07194.529.13$64,538
Jul 202204,225101.587.54$31,865
Jun 202206,263115.097.98$49,961
May 202207,653109.378.43$64,538
Apr 202206,986104.226.84$47,767
Mar 20220610108.885.08$3,097
Feb 202203,02491.054.86$14,693
Jan 202208,47781.844.54$38,466
Dec 202102,17471.323.90$8,477
Nov 2021014677.435.24$765
Oct 2021017479.795.71$994
Sep 2021017069.865.35$910
Aug 2021018966.024.22$798
Jul 2021065970.783.98$2,624
Jun 2021053469.493.38$1,805
May 2021037463.483.02$1,129
Apr 2021019760.362.76$543
Mar 2021014761.302.72$399
Feb 2021010257.805.55$566
Jan 2021030250.412.81$849
Dec 20200044.642.68$0
Nov 202002,11638.772.71$5,727
Oct 202003,07136.972.48$7,611
Sep 202006,46537.091.99$12,872
Aug 202002,95139.982.39$7,038
Jul 202002,95238.371.83$5,388
Jun 202004,46034.901.69$7,539
May 202002,11816.921.81$3,844
Apr 2020060214.751.80$1,086
Mar 20200030.341.86$0
Feb 20200049.881.98$0
Jan 20200057.252.09$0
Dec 20190059.012.30$0
Nov 20190055.302.75$0
Oct 20190053.472.42$0
Sep 20190055.052.66$0
Aug 20190053.112.30$0
Jul 20190056.272.46$0
Jun 20190052.782.49$0
May 20190058.482.74$0
Apr 20190062.632.75$0
Mar 20190056.803.06$0
Feb 20190050.852.79$0
Jan 20190046.033.23$0
Dec 20180046.594.19$0
Nov 20180052.934.24$0
Oct 20180061.443.40$0
Sep 20180059.543.11$0
Aug 20180059.403.07$0
Jul 20180065.142.93$0
Jun 20180060.183.08$0
May 20180065.382.90$0
Apr 20180063.842.90$0
Mar 20180061.222.79$0
Feb 20180061.782.77$0
Jan 20180062.874.01$0
Dec 20170057.272.92$0
Nov 20170055.423.12$0
Oct 20170049.292.98$0
Sep 20170047.523.09$0
Aug 20170045.373.00$0
Jul 20170043.873.09$0
Jun 20170042.493.09$0
May 20170045.373.26$0
Apr 20170047.933.21$0
Mar 20170046.772.98$0
Feb 20170050.452.95$0
Jan 20170049.413.42$0
Dec 20160048.763.72$0
Nov 20160042.492.64$0
Oct 20160046.193.09$0
Sep 20160041.553.10$0
Aug 20160041.442.92$0
Jul 20160041.622.92$0
Jun 20160045.352.69$0
May 20160042.521.99$0
Apr 20160036.561.99$0
Mar 20160033.011.79$0
Feb 20160026.472.06$0
Jan 20160027.352.36$0
Dec 20150032.362.00$0
Nov 20150038.792.17$0
Oct 20150043.552.43$0
Sep 20150042.992.76$0
Aug 20150040.162.87$0
Jul 20150048.152.95$0
Jun 20150056.152.88$0
May 20150055.212.96$0
Apr 20150049.822.71$0
Mar 20150042.892.93$0
Feb 20150044.662.98$0
Jan 20150043.433.10$0
Dec 20140054.693.59$0
Nov 20140070.464.25$0
Oct 20140078.303.90$0
Sep 20140086.164.05$0
Aug 20140089.394.04$0
Jul 20140096.564.18$0
Jun 20140098.164.74$0
May 20140094.734.73$0
Apr 20140095.944.81$0
Mar 20140095.895.06$0
Feb 20140097.406.19$0
Jan 20140090.404.86$0
Dec 20130091.824.35$0
Nov 20130088.853.74$0
Oct 20130097.423.78$0
Sep 201300104.113.72$0
Aug 201300104.253.52$0
Jul 201300102.523.72$0
Jun 20130094.403.93$0
May 20130094.834.15$0
Apr 20130093.964.28$0
Mar 20130093.623.91$0
Feb 20130091.233.42$0
Jan 20130091.603.42$0
Dec 20120086.773.42$0
Nov 20120086.953.62$0
Oct 20120089.383.40$0
Sep 20120094.672.92$0
Aug 20120092.662.91$0
Jul 20120085.133.02$0
Jun 20120079.822.52$0
May 20120091.612.49$0
Apr 201200101.652.00$0
Mar 201200105.052.22$0
Feb 201200101.102.57$0
Jan 20120098.092.73$0
Dec 20110096.873.24$0
Nov 20110095.723.31$0
Oct 20110084.983.65$0
Sep 20110083.623.99$0
Aug 20110083.404.15$0
Jul 20110094.144.52$0
Jun 20110092.904.64$0
May 20110098.134.40$0
Apr 201100105.964.33$0
Mar 20110096.364.06$0
Feb 2011024785.644.18$1,032
Jan 2011032886.504.59$1,505
Dec 2010011,01785.734.35$47,899
Nov 2010039280.843.80$1,488
Oct 2010044078.103.51$1,544
Sep 2010042372.633.98$1,683
Aug 201002,03573.684.42$8,993
Jul 2010082872.554.74$3,922
Jun 201001,37570.364.91$6,752
May 201002,71371.124.24$11,490
Apr 201005,08081.694.12$20,943
Mar 201004,49878.394.39$19,740
Feb 201004,78873.585.44$26,058
Jan 201006,52774.365.96$38,928
Dec 200905,71271.445.48$31,323
Nov 200907,27174.593.75$27,277
Oct 200908,40972.544.11$34,563
Sep 200908,70765.543.06$26,685
Aug 2009010,47667.423.22$33,717
Jul 200907,50661.133.46$26,005
Jun 200907,00166.163.90$27,269
May 200909,65054.743.93$37,883
Apr 200906,10546.773.59$21,902
Mar 200903,19742.144.06$12,977
Feb 200905,14532.814.63$23,837
Jan 200905,87635.865.37$31,560
Dec 200803,04637.105.98$18,206
Nov 2008026855.496.86$1,839
Oct 200803,72375.246.92$25,771
Sep 200805,278101.767.88$41,575
Aug 200802,123114.228.48$18,009
Jul 20080452131.0811.39$5,148
Jun 20080402131.3313.03$5,239
May 20080425123.1711.57$4,919
Apr 200800110.3110.45$0
Mar 200800101.909.66$0
Feb 200805,47292.538.77$47,993
Jan 200806,45090.388.21$52,927
Dec 200703,26288.337.30$23,819
Nov 200765,45891.677.29$40,348
Oct 20071182.856.92$90
Sep 20070075.846.24$0
Aug 20070069.066.39$0
Jul 2007019270.906.39$1,226
Jun 2007023962.007.55$1,804
May 2007014,83258.747.85$116,376
Apr 200706,50859.617.81$50,796
Mar 20070056.927.30$0
Feb 2007010,22455.108.22$84,000
Jan 200701,17350.306.73$7,891
Dec 20060056.656.92$0
Nov 200601,04454.207.62$7,953
Oct 200602,95354.906.01$17,759
Sep 2006017,27760.085.04$87,028
Aug 2006015,97768.717.34$117,270
Jul 200605,55069.376.34$35,202
Jun 2006012,62066.286.38$80,565
May 200609,34666.016.42$60,048
Apr 2006019,36364.397.36$142,521
Mar 2006024,21356.707.08$171,499
Feb 2006016,63957.597.75$128,971
Jan 2006017,89460.598.93$159,853
Dec 2005031,61154.9413.42$424,074
Nov 2005032,53554.6910.59$344,494
Oct 2005041,21158.3413.80$568,537
Sep 2005043,48861.4512.08$525,292
Aug 2005059,08261.519.80$578,817
Jul 2005078,44155.697.84$615,263
Jun 2005031,12352.337.38$229,720

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                   64 Mcf  × $  3.05 =       $195

────────────────────────────────────────────────────
Month total                                     $195

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/218372 is the state's own key, not one this site invented.