INDIAN HILLS 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 268098District 09Field 65280200GasSaveExport
Value, all time
$5.5 M
Oct 2012 – May 2026
Value, last 12 filed months
$143 k
at the published price for each month
Months reported
164
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
GasProduction1,576,725 Mcf$5,469,549
Total$5,469,549

Every month this lease reported (164)

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

164 months

May 20264,154106.413.05$12,652
Apr 20263,76098.932.87$10,790
Mar 20263,50289.753.15$11,029
Feb 20262,81263.503.75$10,546
Jan 20262,68259.138.00$21,450
Dec 20252,00256.664.41$8,836
Nov 20252,49658.593.93$9,800
Oct 20253,49959.383.30$11,564
Sep 20253,70562.743.08$11,400
Aug 20253,58863.933.01$10,817
Jul 20253,95066.743.32$13,095
Jun 20253,56366.483.13$11,148
May 20252,96760.553.23$9,590
Apr 20254,42362.363.54$15,671
Mar 20254,64767.704.27$19,835
Feb 20253,81270.884.34$16,547
Jan 20254,89874.324.28$20,957
Dec 20244,83468.993.12$15,089
Nov 20244,18369.052.20$9,196
Oct 20245,18971.372.28$11,838
Sep 20244,86569.612.36$11,503
Aug 20244,72675.632.06$9,753
Jul 20244,64079.932.15$9,960
Jun 20244,52378.082.63$11,913
May 20244,38478.812.20$9,638
Apr 20244,31984.451.66$7,166
Mar 20244,40280.301.55$6,802
Feb 20244,82976.091.78$8,613
Jan 20244,20273.023.30$13,857
Dec 20235,39371.262.61$14,080
Nov 20234,85177.892.81$13,619
Oct 20235,18885.443.09$16,017
Sep 20235,08989.042.74$13,919
Aug 20235,51980.522.67$14,752
Jul 20235,63374.852.64$14,881
Jun 20234,92268.962.26$11,116
May 20235,84270.622.23$13,012
Apr 202364378.122.24$1,439
Mar 202358872.852.39$1,407
Feb 20232,11075.112.47$5,203
Jan 20232,75576.533.39$9,333
Dec 20221,95876.415.73$11,218
Nov 20221,13085.005.65$6,380
Oct 202278187.185.86$4,580
Sep 202212684.888.16$1,029
Aug 20223,15494.529.13$28,787
Jul 20222,807101.587.54$21,171
Jun 20224,606115.097.98$36,743
May 20225,413109.378.43$45,648
Apr 20224,372104.226.84$29,894
Mar 20224,113108.885.08$20,879
Feb 20223,85291.054.86$18,716
Jan 20225,40781.844.54$24,535
Dec 20215,42971.323.90$21,168
Nov 20215,06877.435.24$26,540
Oct 20215,50279.795.71$31,438
Sep 20215,80669.865.35$31,067
Aug 20215,92866.024.22$25,020
Jul 20215,33070.783.98$21,224
Jun 20215,02769.493.38$16,994
May 20215,37663.483.02$16,223
Apr 20215,32860.362.76$14,697
Mar 20215,93361.302.72$16,120
Feb 20214,97857.805.55$27,618
Jan 20215,24350.412.81$14,734
Dec 20205,62644.642.68$15,052
Nov 20205,27138.772.71$14,266
Oct 20205,90136.972.48$14,625
Sep 20206,86637.091.99$13,670
Aug 20207,26439.982.39$17,325
Jul 20206,60938.371.83$12,062
Jun 20206,48234.901.69$10,957
May 20206,51916.921.81$11,830
Apr 20206,61914.751.80$11,943
Mar 20207,18630.341.86$13,339
Feb 20206,48349.881.98$12,841
Jan 20206,63557.252.09$13,899
Dec 20195,08159.012.30$11,708
Nov 20196,71055.302.75$18,457
Oct 20195,80353.472.42$14,035
Sep 20196,58255.052.66$17,490
Aug 20195,43953.112.30$12,533
Jul 20197,82256.272.46$19,243
Jun 20197,22452.782.49$17,996
May 20196,21458.482.74$17,028
Apr 20194,67562.632.75$12,860
Mar 20196,46056.803.06$19,781
Feb 20194,39650.852.79$12,275
Jan 20198,90646.033.23$28,750
Dec 20189,80046.594.19$41,017
Nov 20187,96352.934.24$33,741
Oct 20187,82561.443.40$26,590
Sep 20188,81559.543.11$27,397
Aug 20189,24859.403.07$28,360
Jul 20188,86765.142.93$25,997
Jun 201810,16860.183.08$31,286
May 20183,10265.382.90$8,998
Apr 201819663.842.90$569
Mar 201811,62161.222.79$32,386
Feb 20182,55461.782.77$7,065
Jan 201887862.874.01$3,520
Dec 201791857.272.92$2,682
Nov 20172,04955.423.12$6,390
Oct 20171,25449.292.98$3,742
Sep 20171,58347.523.09$4,887
Aug 20172,07545.373.00$6,234
Jul 20179,97643.873.09$30,799
Jun 201711,31042.493.09$34,917
May 20174,22745.373.26$13,794
Apr 20171,04047.933.21$3,340
Mar 20171,08746.772.98$3,243
Feb 201751750.452.95$1,526
Jan 20171,05849.413.42$3,617
Dec 20164,22948.763.72$15,744
Nov 201612,42342.492.64$32,851
Oct 20169,96446.193.09$30,791
Sep 201612,33541.553.10$38,246
Aug 201614,44941.442.92$42,254
Jul 201615,46141.622.92$45,213
Jun 201614,45945.352.69$38,834
May 201616,32342.521.99$32,500
Apr 201615,93836.561.99$31,733
Mar 201614,60033.011.79$26,193
Feb 201611,92026.472.06$24,598
Jan 201619,66927.352.36$46,505
Dec 201522,02732.362.00$44,085
Nov 201515,96438.792.17$34,599
Oct 201520,49643.552.43$49,735
Sep 201521,87242.992.76$60,332
Aug 201523,76940.162.87$68,276
Jul 201520,12648.152.95$59,273
Jun 20158,49956.152.88$24,501
May 201515,21655.212.96$44,970
Apr 201525,91149.822.71$70,130
Mar 201527142.892.93$795
Feb 201512,24644.662.98$36,446
Jan 201529,19843.433.10$90,532
Dec 201435,76954.693.59$128,459
Nov 201433,97370.464.25$144,448
Oct 201437,00478.303.90$144,351
Sep 201437,33586.164.05$151,037
Aug 201440,27889.394.04$162,527
Jul 201427,27096.564.18$113,978
Jun 201419,72798.164.74$93,444
May 201423,35694.734.73$110,394
Apr 201423,50895.944.81$113,053
Mar 201426,34095.895.06$133,196
Feb 201425,78497.406.19$159,655
Jan 201430,59790.404.86$148,723
Dec 201330,97391.824.35$134,871
Nov 201337,95488.853.74$141,883
Oct 201343,50397.423.78$164,414
Sep 201343,624104.113.72$162,183
Aug 201351,011104.253.52$179,692
Jul 201359,130102.523.72$219,830
Jun 201334,56494.403.93$135,954
May 2013094.834.15$0
Apr 2013093.964.28$0
Mar 2013093.623.91$0
Feb 2013091.233.42$0
Jan 2013091.603.42$0
Dec 2012086.773.42$0
Nov 2012086.953.62$0
Oct 2012089.383.40$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                4,154 Mcf  × $  3.05 =    $12,652

────────────────────────────────────────────────────
Month total                                  $12,652

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/268098 is the state's own key, not one this site invented.