JOHNSON RANCH

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 237687District 09Field 65280200CondensateGasSaveExport
Value, all time
$8.8 M
Nov 2007 – May 2026
Value, last 12 filed months
$159 k
at the published price for each month
Months reported
223
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
CondensateDisposition4,919 bbl$433,550
GasProduction1,752,171 Mcf$8,358,416
Total$8,791,965

Every month this lease reported (223)

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

223 months

May 202603,494106.413.05$10,642
Apr 2026113,45298.932.87$10,995
Mar 2026173,59389.753.15$12,842
Feb 202602,93463.503.75$11,003
Jan 202604,24059.138.00$33,911
Dec 202504,53456.664.41$20,010
Nov 202503,46458.593.93$13,601
Oct 202503,49559.383.30$11,550
Sep 202502,84762.743.08$8,760
Aug 202502,70563.933.01$8,155
Jul 202503,24266.743.32$10,748
Jun 202502,32066.483.13$7,259
May 202502,65760.553.23$8,588
Apr 202502,60262.363.54$9,219
Mar 202502,76167.704.27$11,785
Feb 202502,19770.884.34$9,537
Jan 202502,72174.324.28$11,642
Dec 202402,89768.993.12$9,043
Nov 202401,69269.052.20$3,720
Oct 202402,69471.372.28$6,146
Sep 202402,58269.612.36$6,105
Aug 202401,78475.632.06$3,682
Jul 202403,35279.932.15$7,195
Jun 202403,46078.082.63$9,114
May 202403,47378.812.20$7,635
Apr 202403,54384.451.66$5,879
Mar 202433,81080.301.55$6,128
Feb 202403,20876.091.78$5,722
Jan 2024253,52773.023.30$13,456
Dec 202303,48371.262.61$9,093
Nov 202303,59277.892.81$10,085
Oct 202303,57585.443.09$11,037
Sep 202303,54489.042.74$9,693
Aug 202303,67580.522.67$9,823
Jul 202303,31574.852.64$8,758
Jun 202302,78568.962.26$6,290
May 202304,44270.622.23$9,894
Apr 202304,30078.122.24$9,622
Mar 202306,68172.852.39$15,989
Feb 202303,90875.112.47$9,636
Jan 202304,49576.533.39$15,228
Dec 2022504,94676.415.73$32,157
Nov 202204,18485.005.65$23,624
Oct 202203,83187.185.86$22,464
Sep 202201,43084.888.16$11,674
Aug 202204,25294.529.13$38,809
Jul 202204,308101.587.54$32,491
Jun 202204,066115.097.98$32,435
May 202204,158109.378.43$35,065
Apr 202204,100104.226.84$28,034
Mar 202204,263108.885.08$21,641
Feb 202203,57891.054.86$17,385
Jan 202204,22181.844.54$19,154
Dec 202104,53971.323.90$17,698
Nov 202104,35777.435.24$22,817
Oct 202104,78479.795.71$27,335
Sep 202103,92369.865.35$20,992
Aug 202104,59866.024.22$19,406
Jul 202104,64870.783.98$18,509
Jun 202104,80969.493.38$16,257
May 202105,00063.483.02$15,088
Apr 202104,83160.362.76$13,326
Mar 202105,01561.302.72$13,625
Feb 202105,17857.805.55$28,727
Jan 202105,10950.412.81$14,358
Dec 202005,32144.642.68$14,236
Nov 202004,76738.772.71$12,902
Oct 2020575,11036.972.48$14,772
Sep 202004,97437.091.99$9,903
Aug 202005,02739.982.39$11,990
Jul 202004,82838.371.83$8,812
Jun 202004,85734.901.69$8,210
May 202005,12316.921.81$9,297
Apr 202005,38014.751.80$9,708
Mar 202005,99930.341.86$11,136
Feb 2020615,68749.881.98$14,307
Jan 202005,51257.252.09$11,546
Dec 201905,98359.012.30$13,787
Nov 201907,50655.302.75$20,647
Oct 201906,98453.472.42$16,891
Sep 201906,75155.052.66$17,939
Aug 201907,23753.112.30$16,677
Jul 201906,24956.272.46$15,373
Jun 201906,08952.782.49$15,169
May 201906,46358.482.74$17,711
Apr 201906,11662.632.75$16,823
Mar 2019226,38956.803.06$20,813
Feb 201906,14450.852.79$17,155
Jan 201906,84046.033.23$22,081
Dec 201807,02946.594.19$29,419
Nov 201805,08552.934.24$21,546
Oct 201803,32561.443.40$11,299
Sep 201803,63459.543.11$11,294
Aug 201808859.403.07$270
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 2018091562.874.01$3,669
Dec 201705,39157.272.92$15,750
Nov 201705,33955.423.12$16,649
Oct 201704,02649.292.98$12,012
Sep 2017494,22347.523.09$15,366
Aug 201706,21545.373.00$18,672
Jul 201706,14943.873.09$18,984
Jun 201705,72542.493.09$17,675
May 201706,10845.373.26$19,933
Apr 201706,20747.933.21$19,934
Mar 201706,70346.772.98$20,000
Feb 201706,11850.452.95$18,064
Jan 201706,44649.413.42$22,038
Dec 201605,61148.763.72$20,889
Nov 201605,40242.492.64$14,285
Oct 201604,64246.193.09$14,345
Sep 201605,78341.553.10$17,931
Aug 201604,80641.442.92$14,054
Jul 201604,35141.622.92$12,724
Jun 201604,41845.352.69$11,866
May 2016364,44742.521.99$10,385
Apr 201604,55136.561.99$9,061
Mar 201604,57533.011.79$8,208
Feb 201605,29326.472.06$10,923
Jan 201606,00727.352.36$14,203
Dec 201505,73832.362.00$11,484
Nov 201506,04438.792.17$13,099
Oct 201506,06543.552.43$14,717
Sep 2015476,03742.992.76$18,673
Aug 201506,38840.162.87$18,349
Jul 201506,72348.152.95$19,800
Jun 201506,38456.152.88$18,404
May 201506,79355.212.96$20,076
Apr 2015376,96249.822.71$20,686
Mar 201507,79542.892.93$22,876
Feb 201506,72044.662.98$20,000
Jan 201505,49743.433.10$17,044
Dec 201406,05254.693.59$21,735
Nov 201406,23970.464.25$26,527
Oct 201405,86978.303.90$22,895
Sep 201405,77786.164.05$23,371
Aug 201406,22489.394.04$25,115
Jul 20141257,22896.564.18$42,280
Jun 201403,65498.164.74$17,309
May 201408,74794.734.73$41,343
Apr 201408,93095.944.81$42,945
Mar 201409,17295.895.06$46,381
Feb 2014010,87597.406.19$67,338
Jan 201408,19690.404.86$39,838
Dec 201309,59091.824.35$41,759
Nov 201308,83388.853.74$33,020
Oct 201309,20697.423.78$34,793
Sep 201308,988104.113.72$33,415
Aug 201309,667104.253.52$34,053
Jul 2013779,753102.523.72$44,153
Jun 201309,31194.403.93$36,624
May 201307,79294.834.15$32,330
Apr 201307,51793.964.28$32,192
Mar 20131617,20093.623.91$43,245
Feb 201305,65591.233.42$19,340
Jan 201304,85991.603.42$16,617
Dec 201202,16086.773.42$7,388
Nov 201209,28786.953.62$33,665
Oct 201207,83589.383.40$26,636
Sep 201204,43294.672.92$12,934
Aug 2012025092.662.91$727
Jul 201201,00785.133.02$3,042
Jun 20120079.822.52$0
May 201209,44291.612.49$23,495
Apr 201206,615101.652.00$13,209
Mar 2012020,842105.052.22$46,313
Feb 201291477101.102.57$10,426
Jan 201206,88998.092.73$18,835
Dec 201118810,09396.873.24$50,910
Nov 2011010,38195.723.31$34,374
Oct 2011012,03984.983.65$43,925
Sep 2011010,45683.623.99$41,676
Aug 2011012,26883.404.15$50,904
Jul 2011012,78594.144.52$57,753
Jun 2011012,50692.904.64$58,026
May 2011013,08198.134.40$57,619
Apr 2011013,145105.964.33$56,961
Mar 201119813,71196.364.06$74,709
Feb 2011012,78585.644.18$53,441
Jan 2011014,62486.504.59$67,106
Dec 2010013,96885.734.35$60,729
Nov 2010011,40280.843.80$43,274
Oct 2010014,92978.103.51$52,384
Sep 2010010,76172.633.98$42,823
Aug 201019210,94373.684.42$62,508
Jul 2010015,21172.554.74$72,047
Jun 2010013,05770.364.91$64,115
May 2010011,95171.124.24$50,615
Apr 2010014,45081.694.12$59,573
Mar 201019515,20978.394.39$82,033
Feb 2010014,15273.585.44$77,020
Jan 2010016,65074.365.96$99,302
Dec 200919015,93871.445.48$100,974
Nov 2009017,57174.593.75$65,918
Oct 2009017,49572.544.11$71,909
Sep 2009017,54465.543.06$53,768
Aug 20095718,30167.423.22$62,745
Jul 200919618,45661.133.46$75,922
Jun 2009017,69066.163.90$68,903
May 2009018,21154.743.93$71,492
Apr 200919518,45646.773.59$75,331
Mar 2009016,45242.144.06$66,779
Feb 200919817,00132.814.63$85,262
Jan 2009017,76335.865.37$95,405
Dec 2008016,16437.105.98$96,614
Nov 2008014,61355.496.86$100,250
Oct 200819430,35775.246.92$224,727
Sep 200819331,179101.767.88$265,239
Aug 200818315,927114.228.48$156,011
Jul 2008014,568131.0811.39$165,921
Jun 200838523,148131.3313.03$352,241
May 200812229,933123.1711.57$361,480
Apr 200838927,729110.3110.45$332,813
Mar 200824428,485101.909.66$300,145
Feb 200817728,88892.538.77$269,742
Jan 200855339,81690.388.21$376,699
Dec 2007062,16988.337.30$453,956
Nov 200714,89391.677.29$35,770

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                3,494 Mcf  × $  3.05 =    $10,642

────────────────────────────────────────────────────
Month total                                  $10,642

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/237687 is the state's own key, not one this site invented.