J. W. HODGES 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 231770District 09Field 65280200CondensateGasSaveExport
Value, all time
$10.4 M
Jun 2007 – May 2026
Value, last 12 filed months
$131 k
at the published price for each month
Months reported
228
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
CondensateDisposition4 bbl$232
GasProduction2,037,202 Mcf$10,407,377
Total$10,407,608

Every month this lease reported (228)

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

228 months

May 202602,167106.413.05$6,600
Apr 202601,94998.932.87$5,593
Mar 202601,57489.753.15$4,957
Feb 202602,19763.503.75$8,239
Jan 202603,13759.138.00$25,089
Dec 202503,17756.664.41$14,021
Nov 202503,08758.593.93$12,121
Oct 202503,47559.383.30$11,484
Sep 202503,73962.743.08$11,505
Aug 202503,70163.933.01$11,158
Jul 202502,99466.743.32$9,926
Jun 202503,28366.483.13$10,272
May 202503,27860.553.23$10,596
Apr 202503,47862.363.54$12,323
Mar 202503,91867.704.27$16,723
Feb 202503,52570.884.34$15,301
Jan 202503,55974.324.28$15,228
Dec 202403,74268.993.12$11,680
Nov 202403,40369.052.20$7,481
Oct 202401,46471.372.28$3,340
Sep 202403,69169.612.36$8,727
Aug 202404,16575.632.06$8,595
Jul 202403,87979.932.15$8,327
Jun 202403,89678.082.63$10,262
May 202403,90378.812.20$8,581
Apr 202403,79284.451.66$6,292
Mar 202403,45280.301.55$5,334
Feb 202403,15276.091.78$5,622
Jan 202402,98473.023.30$9,840
Dec 202303,54371.262.61$9,250
Nov 202304,14377.892.81$11,632
Oct 202304,50485.443.09$13,905
Sep 202304,21589.042.74$11,528
Aug 202302,65580.522.67$7,097
Jul 202302,03874.852.64$5,384
Jun 202303,60568.962.26$8,142
May 202303,87770.622.23$8,636
Apr 202304,02578.122.24$9,007
Mar 202304,29872.852.39$10,286
Feb 202304,34675.112.47$10,716
Jan 202302,16676.533.39$7,338
Dec 2022050076.415.73$2,865
Nov 202201,77885.005.65$10,039
Oct 202203,79487.185.86$22,247
Sep 202205,24784.888.16$42,835
Aug 202203,36894.529.13$30,740
Jul 202203,615101.587.54$27,265
Jun 202202,989115.097.98$23,844
May 202204,005109.378.43$33,774
Apr 202204,011104.226.84$27,426
Mar 202203,912108.885.08$19,859
Feb 202203,63591.054.86$17,662
Jan 202203,92881.844.54$17,824
Dec 202103,87271.323.90$15,097
Nov 202104,23977.435.24$22,199
Oct 202104,47679.795.71$25,575
Sep 202104,50469.865.35$24,101
Aug 202104,22866.024.22$17,845
Jul 202104,21570.783.98$16,784
Jun 202104,06769.493.38$13,749
May 202104,26763.483.02$12,876
Apr 202104,25960.362.76$11,748
Mar 202103,93861.302.72$10,699
Feb 202103,24557.805.55$18,003
Jan 202103,89550.412.81$10,946
Dec 202003,96444.642.68$10,606
Nov 202003,93438.772.71$10,648
Oct 202003,56336.972.48$8,831
Sep 202003,54337.091.99$7,054
Aug 202003,75739.982.39$8,961
Jul 202003,54538.371.83$6,470
Jun 202003,51234.901.69$5,936
May 202003,43416.921.81$6,232
Apr 202003,90814.751.80$7,052
Mar 202004,03530.341.86$7,490
Feb 202003,67549.881.98$7,279
Jan 202003,78657.252.09$7,931
Dec 201903,99759.012.30$9,211
Nov 201904,07655.302.75$11,212
Oct 201904,68653.472.42$11,333
Sep 201915,07355.052.66$13,535
Aug 201905,09853.112.30$11,748
Jul 201913,75156.272.46$9,284
Jun 201903,21952.782.49$8,019
May 201903,77758.482.74$10,350
Apr 201903,38762.632.75$9,317
Mar 201903,70156.803.06$11,333
Feb 201903,23650.852.79$9,036
Jan 201903,67046.033.23$11,847
Dec 201803,52346.594.19$14,745
Nov 201803,44752.934.24$14,606
Oct 201803,72761.443.40$12,665
Sep 201804,16759.543.11$12,951
Aug 201805,16859.403.07$15,848
Jul 201803,40065.142.93$9,968
Jun 201824,95760.183.08$15,373
May 201805,56265.382.90$16,134
Apr 201804,20063.842.90$12,183
Mar 201804,10761.222.79$11,446
Feb 201803,24261.782.77$8,968
Jan 201804,03362.874.01$16,170
Dec 201704,50857.272.92$13,170
Nov 201704,85155.423.12$15,127
Oct 201705,35149.292.98$15,966
Sep 201705,61047.523.09$17,320
Aug 201705,69845.373.00$17,119
Jul 201705,93243.873.09$18,314
Jun 201705,79242.493.09$17,882
May 201705,88345.373.26$19,199
Apr 201705,48647.933.21$17,619
Mar 201705,78846.772.98$17,270
Feb 201705,27350.452.95$15,569
Jan 201704,30649.413.42$14,721
Dec 201604,94648.763.72$18,413
Nov 201604,91142.492.64$12,986
Oct 201605,29346.193.09$16,357
Sep 201605,37741.553.10$16,672
Aug 201605,32641.442.92$15,575
Jul 201605,53841.622.92$16,195
Jun 201605,39445.352.69$14,487
May 201605,43942.521.99$10,829
Apr 201605,44436.561.99$10,839
Mar 201605,78133.011.79$10,371
Feb 201605,37526.472.06$11,092
Jan 201605,91027.352.36$13,973
Dec 201505,82832.362.00$11,664
Nov 201505,50838.792.17$11,938
Oct 201505,79643.552.43$14,064
Sep 201504,45142.992.76$12,278
Aug 201505,65740.162.87$16,250
Jul 201505,31248.152.95$15,644
Jun 201505,64856.152.88$16,282
May 201506,10155.212.96$18,031
Apr 201506,16549.822.71$16,686
Mar 201506,56142.892.93$19,255
Feb 201505,90744.662.98$17,580
Jan 201505,91143.433.10$18,328
Dec 201405,51054.693.59$19,788
Nov 201404,05470.464.25$17,237
Oct 201406,57578.303.90$25,649
Sep 201406,93686.164.05$28,059
Aug 201407,43789.394.04$30,009
Jul 201407,28496.564.18$30,444
Jun 201406,40598.164.74$30,340
May 201406,27894.734.73$29,673
Apr 201406,24395.944.81$30,023
Mar 201405,33795.895.06$26,988
Feb 201406,25897.406.19$38,750
Jan 201406,86790.404.86$33,379
Dec 201307,57691.824.35$32,990
Nov 201307,21788.853.74$26,979
Oct 201307,26397.423.78$27,449
Sep 201306,759104.113.72$25,128
Aug 201308,018104.253.52$28,244
Jul 201308,080102.523.72$30,039
Jun 201307,99394.403.93$31,440
May 201308,67094.834.15$35,973
Apr 201308,57393.964.28$36,715
Mar 201307,41993.623.91$29,030
Feb 201306,91791.233.42$23,656
Jan 201308,60691.603.42$29,432
Dec 201208,80486.773.42$30,111
Nov 201208,63486.953.62$31,298
Oct 201209,04089.383.40$30,733
Sep 201209,26494.672.92$27,036
Aug 2012010,11292.662.91$29,407
Jul 201209,12885.133.02$27,574
Jun 201208,01779.822.52$20,195
May 201208,11291.612.49$20,185
Apr 201207,801101.652.00$15,577
Mar 201207,632105.052.22$16,959
Feb 201207,694101.102.57$19,775
Jan 201207,62398.092.73$20,842
Dec 201107,27796.873.24$23,576
Nov 201107,89195.723.31$26,129
Oct 201107,79284.983.65$28,429
Sep 201108,15983.623.99$32,520
Aug 2011010,10283.404.15$41,916
Jul 2011010,32794.144.52$46,650
Jun 2011011,22992.904.64$52,101
May 2011010,99298.134.40$48,418
Apr 2011010,823105.964.33$46,899
Mar 2011013,19396.364.06$53,528
Feb 2011011,83685.644.18$49,474
Jan 2011012,77986.504.59$58,640
Dec 2010012,79685.734.35$55,634
Nov 2010011,93580.843.80$45,297
Oct 2010013,47578.103.51$47,282
Sep 2010013,34872.633.98$53,118
Aug 2010012,33573.684.42$54,513
Jul 2010014,57572.554.74$69,034
Jun 2010014,73770.364.91$72,365
May 2010016,61071.124.24$70,347
Apr 2010015,83081.694.12$65,262
Mar 2010016,22478.394.39$71,202
Feb 2010015,00673.585.44$81,668
Jan 2010016,46674.365.96$98,205
Dec 2009017,42471.445.48$95,549
Nov 2009019,68674.593.75$73,852
Oct 2009022,37072.544.11$91,946
Sep 2009022,18565.543.06$67,991
Aug 2009019,71667.423.22$63,456
Jul 2009023,34361.133.46$80,872
Jun 2009016,22666.163.90$63,200
May 2009014,71454.743.93$57,763
Apr 2009011,22346.773.59$40,263
Mar 2009011,18442.144.06$45,396
Feb 2009018,55032.814.63$85,942
Jan 2009021,86135.865.37$117,415
Dec 2008018,45437.105.98$110,302
Nov 2008022,78955.496.86$156,341
Oct 2008025,76575.246.92$178,345
Sep 2008026,149101.767.88$205,978
Aug 2008029,396114.228.48$249,367
Jul 2008032,030131.0811.39$364,803
Jun 2008033,147131.3313.03$431,993
May 2008030,132123.1711.57$348,757
Apr 2008012,721110.3110.45$132,996
Mar 2008030,287101.909.66$292,696
Feb 2008026,79692.538.77$235,016
Jan 2008046,89290.388.21$384,783
Dec 2007041,49388.337.30$302,981
Nov 2007030,59591.677.29$223,090
Oct 2007056,89082.856.92$393,791
Sep 2007063,37475.846.24$395,717
Aug 2007073,33969.066.39$468,485
Jul 2007083,83770.906.39$535,546
Jun 200701,68162.007.55$12,689

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                2,167 Mcf  × $  3.05 =     $6,600

────────────────────────────────────────────────────
Month total                                   $6,600

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/231770 is the state's own key, not one this site invented.