JOHNSON-HUBBELL 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 227912District 09Field 65280200CondensateGasSaveExport
Value, all time
$4.0 M
Feb 2007 – May 2026
Value, last 12 filed months
$86 k
at the published price for each month
Months reported
232
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
CondensateDisposition2,998 bbl$220,380
GasProduction841,924 Mcf$3,760,087
Total$3,980,467

Every month this lease reported (232)

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

232 months

May 202601,535106.413.05$4,675
Apr 202601,60198.932.87$4,594
Mar 202601,76489.753.15$5,556
Feb 202601,70963.503.75$6,409
Jan 202602,07559.138.00$16,596
Dec 202502,04656.664.41$9,030
Nov 202501,90358.593.93$7,472
Oct 202502,23159.383.30$7,373
Sep 2025057362.743.08$1,763
Aug 202502,12363.933.01$6,400
Jul 202502,44866.743.32$8,116
Jun 202502,41366.483.13$7,550
May 202502,25560.553.23$7,289
Apr 202502,37762.363.54$8,422
Mar 202502,25967.704.27$9,642
Feb 202502,25270.884.34$9,776
Jan 202502,00874.324.28$8,592
Dec 202402,17568.993.12$6,789
Nov 202402,24969.052.20$4,944
Oct 202402,81771.372.28$6,427
Sep 202402,84669.612.36$6,729
Aug 202402,99775.632.06$6,185
Jul 202403,04679.932.15$6,539
Jun 202402,18678.082.63$5,758
May 202402,27878.812.20$5,008
Apr 202402,22084.451.66$3,683
Mar 202402,37380.301.55$3,667
Feb 202402,25276.091.78$4,017
Jan 202402,31973.023.30$7,647
Dec 202302,38271.262.61$6,219
Nov 202302,38877.892.81$6,704
Oct 202302,46785.443.09$7,616
Sep 202302,64789.042.74$7,240
Aug 202302,77780.522.67$7,423
Jul 202302,77174.852.64$7,320
Jun 202302,80968.962.26$6,344
May 202302,24070.622.23$4,989
Apr 202303,04278.122.24$6,807
Mar 202301,82672.852.39$4,370
Feb 202301,62375.112.47$4,002
Jan 202302,69376.533.39$9,123
Dec 2022011,08576.415.73$63,507
Nov 202202,81985.005.65$15,917
Oct 202202,89187.185.86$16,952
Sep 202201,92484.888.16$15,707
Aug 202202,54894.529.13$23,256
Jul 202202,424101.587.54$18,282
Jun 202201,943115.097.98$15,500
May 202202,250109.378.43$18,974
Apr 202202,191104.226.84$14,981
Mar 202202,546108.885.08$12,925
Feb 202202,02691.054.86$9,844
Jan 2022292,11981.844.54$11,989
Dec 202102,68971.323.90$10,485
Nov 202102,33477.435.24$12,223
Oct 202103,28579.795.71$18,770
Sep 202101,12669.865.35$6,025
Aug 202103,01966.024.22$12,742
Jul 202103,21570.783.98$12,802
Jun 202102,21769.493.38$7,495
May 202102,32663.483.02$7,019
Apr 202102,42460.362.76$6,686
Mar 202103,11561.302.72$8,463
Feb 202101,68357.805.55$9,337
Jan 202102,33850.412.81$6,570
Dec 202002,50344.642.68$6,697
Nov 202002,52838.772.71$6,842
Oct 2020893,07336.972.48$10,907
Sep 202003,20937.091.99$6,389
Aug 202003,23839.982.39$7,723
Jul 202003,31538.371.83$6,050
Jun 202003,06034.901.69$5,172
May 202003,32916.921.81$6,041
Apr 2020643,17114.751.80$6,666
Mar 202003,84330.341.86$7,133
Feb 202004,12549.881.98$8,170
Jan 202003,32457.252.09$6,963
Dec 201903,05059.012.30$7,028
Nov 201902,97455.302.75$8,181
Oct 201902,99753.472.42$7,248
Sep 201902,94455.052.66$7,823
Aug 201903,01353.112.30$6,943
Jul 201903,11056.272.46$7,651
Jun 201903,06352.782.49$7,631
May 201902,81058.482.74$7,700
Apr 201903,06462.632.75$8,428
Mar 201903,28456.803.06$10,056
Feb 201902,85950.852.79$7,983
Jan 201903,03246.033.23$9,788
Dec 201803,74846.594.19$15,687
Nov 201801,32752.934.24$5,623
Oct 201804,21961.443.40$14,337
Sep 201802,96359.543.11$9,209
Aug 201803,30459.403.07$10,132
Jul 201803,17965.142.93$9,320
Jun 201803,03160.183.08$9,326
May 201803,27865.382.90$9,509
Apr 201803,22263.842.90$9,346
Mar 201803,21061.222.79$8,946
Feb 201803,20461.782.77$8,863
Jan 201803,19162.874.01$12,794
Dec 2017533,37157.272.92$12,884
Nov 201703,42855.423.12$10,690
Oct 201701,93949.292.98$5,785
Sep 201703,39947.523.09$10,494
Aug 201703,70945.373.00$11,143
Jul 201703,74043.873.09$11,546
Jun 201703,55642.493.09$10,978
May 201703,72145.373.26$12,143
Apr 201703,21547.933.21$10,325
Mar 2017783,60046.772.98$14,389
Feb 201703,15050.452.95$9,301
Jan 201703,28349.413.42$11,224
Dec 201603,47748.763.72$12,944
Nov 2016923,38742.492.64$12,865
Oct 201603,54546.193.09$10,955
Sep 201603,38541.553.10$10,496
Aug 201603,47141.442.92$10,150
Jul 201602,05841.622.92$6,018
Jun 2016453,41245.352.69$11,205
May 201603,58442.521.99$7,136
Apr 201603,51036.561.99$6,989
Mar 201603,65033.011.79$6,548
Feb 201603,48326.472.06$7,188
Jan 201603,98927.352.36$9,431
Dec 201503,65332.362.00$7,311
Nov 201503,54338.792.17$7,679
Oct 2015693,93943.552.43$12,563
Sep 201503,97542.992.76$10,965
Aug 201504,14240.162.87$11,898
Jul 201504,13748.152.95$12,184
Jun 201504,21756.152.88$12,157
May 2015434,36355.212.96$15,269
Apr 201503,09649.822.71$8,380
Mar 201503,07942.892.93$9,036
Feb 201502,34244.662.98$6,970
Jan 201503,00143.433.10$9,305
Dec 201402,72254.693.59$9,776
Nov 201402,57870.464.25$10,961
Oct 201403,02778.303.90$11,808
Sep 20141633,16686.164.05$26,852
Aug 201403,69889.394.04$14,922
Jul 201403,25896.564.18$13,617
Jun 201403,41698.164.74$16,181
May 201403,87294.734.73$18,301
Apr 2014772,29695.944.81$18,429
Mar 201404,62395.895.06$23,378
Feb 201404,07497.406.19$25,226
Jan 201404,79990.404.86$23,327
Dec 201305,35991.824.35$23,336
Nov 201306,00988.853.74$22,463
Oct 2013413,25297.423.78$16,285
Sep 201300104.113.72$0
Aug 201301104.253.52$4
Jul 201336121102.523.72$4,141
Jun 2013028294.403.93$1,109
May 201303,46794.834.15$14,385
Apr 2013433,02093.964.28$16,974
Mar 201303,47893.623.91$13,609
Feb 20131013,03291.233.42$19,583
Jan 201303,94791.603.42$13,498
Dec 201204,71386.773.42$16,119
Nov 201202,86186.953.62$10,371
Oct 20120089.383.40$0
Sep 201203,92494.672.92$11,452
Aug 2012014192.662.91$410
Jul 201202,97285.133.02$8,978
Jun 20121083,28179.822.52$16,886
May 201203,40491.612.49$8,470
Apr 201203,504101.652.00$6,997
Mar 201203,569105.052.22$7,931
Feb 201203,360101.102.57$8,636
Jan 201203,62698.092.73$9,914
Dec 201103,70896.873.24$12,013
Nov 201103,60795.723.31$11,944
Oct 201103,68384.983.65$13,438
Sep 201102,81983.623.99$11,236
Aug 20111573,66883.404.15$28,314
Jul 201103,66494.144.52$16,551
Jun 201103,65392.904.64$16,949
May 201103,62998.134.40$15,985
Apr 201103,782105.964.33$16,388
Mar 201103,55496.364.06$14,420
Feb 201103,97285.644.18$16,603
Jan 201102,92286.504.59$13,408
Dec 201004,69985.734.35$20,430
Nov 201004,69980.843.80$17,834
Oct 201004,55678.103.51$15,987
Sep 201005,35172.633.98$21,294
Aug 201005,65273.684.42$24,978
Jul 201005,61072.554.74$26,572
Jun 2010975,16470.364.91$32,182
May 201005,54271.124.24$23,472
Apr 201005,84781.694.12$24,105
Mar 20101955,64178.394.39$40,043
Feb 201005,35373.585.44$29,133
Jan 201006,06274.365.96$36,154
Dec 200905,70171.445.48$31,263
Nov 200905,77674.593.75$21,669
Oct 20091966,52872.544.11$41,050
Sep 200906,50065.543.06$19,921
Aug 200906,31467.423.22$20,322
Jul 200907,81661.133.46$27,079
Jun 200906,46366.163.90$25,173
May 200905,37554.743.93$21,101
Apr 200906,10746.773.59$21,909
Mar 20091976,44542.144.06$34,462
Feb 200906,30832.814.63$29,225
Jan 200904,65935.865.37$25,023
Dec 200808,78737.105.98$52,521
Nov 20082009,13455.496.86$73,761
Oct 200806,81375.246.92$47,159
Sep 200806,853101.767.88$53,982
Aug 200804,384114.228.48$37,190
Jul 20081883,527131.0811.39$64,814
Jun 2008015,607131.3313.03$203,400
May 2008554,076123.1711.57$53,951
Apr 200806,387110.3110.45$66,775
Mar 200807,255101.909.66$70,113
Feb 20081689,63192.538.77$100,015
Jan 200806,55290.388.21$53,764
Dec 2007010,61088.337.30$77,474
Nov 200707,57791.677.29$55,249
Oct 2007886,59782.856.92$52,955
Sep 200707,01175.846.24$43,778
Aug 200702469.066.39$153
Jul 20071676770.906.39$12,268
Jun 200715810,86562.007.55$91,810
May 2007011,75258.747.85$92,209
Apr 200701759.617.81$133
Mar 200714,83356.927.30$35,347
Feb 200707,00955.108.22$57,586

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                1,535 Mcf  × $  3.05 =     $4,675

────────────────────────────────────────────────────
Month total                                   $4,675

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/227912 is the state's own key, not one this site invented.