JOHNNY B. GOODE

Operated by BBL OPERATING COMPANY LLC (P-5 58910) in the GIDDINGS (AUSTIN CHALK-3) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 27399District 03Field 34733500OilCasinghead gasSaveExport
Value, all time
$2.7 M
Jul 2018 – May 2026
Value, last 12 filed months
$276 k
at the published price for each month
Months reported
95
no gaps in the span
Streams
2
oil, casinghead 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 5,900 leases and 6,985 wells, and the rule below applies to all of them.

Discovered
1960-10-29
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 80 acres. The field rule took effect on 2025-09-30.

The Commission's schedule remark for this field reads: DKT OG-25-00028011: UFT FIELD, ALLOCATION FORMULA SUSPENDED

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
OilDisposition42,365 bbl$2,593,829
Casinghead gasProduction32,582 Mcf$110,355
Total$2,704,183

Every month this lease reported (95)

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

95 months

May 2026185344106.413.05$20,734
Apr 202617639998.932.87$18,557
Mar 202636734189.753.15$34,012
Feb 202618435063.503.75$12,997
Jan 202635537259.138.00$23,966
Dec 202535039056.664.41$21,552
Nov 202535343058.593.93$22,371
Oct 202536160359.383.30$23,429
Sep 202517540462.743.08$12,223
Aug 202553163863.933.01$35,870
Jul 202533666166.743.32$24,616
Jun 202535964766.483.13$25,891
May 202553169260.553.23$34,389
Apr 202553477962.363.54$36,060
Mar 202554179367.704.27$40,010
Feb 202571065470.884.34$53,164
Jan 202570468374.324.28$55,244
Dec 202471270468.993.12$51,318
Nov 202472370469.052.20$51,471
Oct 20241,05464871.372.28$76,702
Sep 20241,05246169.612.36$74,320
Aug 202406275.632.06$128
Jul 2024015179.932.15$324
Jun 202417015678.082.63$13,685
May 202417415578.812.20$14,054
Apr 2024012184.451.66$201
Mar 202418414680.301.55$15,001
Feb 202417513976.091.78$13,564
Jan 202418015573.023.30$13,655
Dec 202317415671.262.61$12,807
Nov 202316214577.892.81$13,025
Oct 2023017185.443.09$528
Sep 202316317989.042.74$15,003
Aug 202317115480.522.67$14,181
Jul 202317715274.852.64$13,650
Jun 202316713168.962.26$11,812
May 202317815270.622.23$12,909
Apr 2023016678.122.24$371
Mar 202316816172.852.39$12,624
Feb 202316813075.112.47$12,939
Jan 20233404676.533.39$26,176
Dec 202206576.415.73$372
Nov 202216311785.005.65$14,516
Oct 202216913287.185.86$15,507
Sep 202217522084.888.16$16,650
Aug 20221686694.529.13$16,482
Jul 2022172138101.587.54$18,513
Jun 2022172125115.097.98$20,793
May 2022184164109.378.43$21,507
Apr 2022173172104.226.84$19,206
Mar 2022184174108.885.08$20,917
Feb 202218415391.054.86$17,497
Jan 202237419581.844.54$31,493
Dec 202118419171.323.90$13,868
Nov 202117912977.435.24$14,536
Oct 202117721679.795.71$15,357
Sep 202118817569.865.35$14,070
Aug 202117522766.024.22$12,512
Jul 202136311270.783.98$26,139
Jun 20211643769.493.38$11,521
May 202118512763.483.02$12,127
Apr 202136825360.362.76$22,910
Mar 202136125461.302.72$22,819
Feb 202118316457.805.55$11,487
Jan 202117517550.412.81$9,314
Dec 202036516744.642.68$16,740
Nov 202036112738.772.71$14,340
Oct 202017418236.972.48$6,884
Sep 202033911337.091.99$12,799
Aug 202032711139.982.39$13,338
Jul 202035614938.371.83$13,932
Jun 202036111734.901.69$12,797
May 202034920716.921.81$6,281
Apr 20203706714.751.80$5,578
Mar 202018415430.341.86$5,868
Feb 202053124949.881.98$26,979
Jan 202035528157.252.09$20,912
Dec 201952929359.012.30$31,891
Nov 201955040755.302.75$31,535
Oct 201954438053.472.42$30,007
Sep 201952843955.052.66$30,233
Aug 201966342753.112.30$36,196
Jul 201971525556.272.46$40,860
Jun 201971151352.782.49$38,805
May 20191,02467358.482.74$61,728
Apr 20191,0551,29962.632.75$69,648
Mar 20191,24344056.803.06$71,950
Feb 20191,04133550.852.79$53,870
Jan 20191,0751,33446.033.23$53,789
Dec 20182,0221,33446.594.19$99,788
Nov 20182,8841,26452.934.24$158,006
Oct 20183,0141,06161.443.40$188,786
Sep 201808159.543.11$252
Aug 201888463659.403.07$54,460
Jul 20181,9471,18165.142.93$130,290

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
Oil                  185 bbl  × $106.41 =    $19,686
Casinghead gas       344 Mcf  × $  3.05 =     $1,048

────────────────────────────────────────────────────
Month total                                  $20,734

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. 03/O/27399 is the state's own key, not one this site invented.