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 265769District 09Field 65280200CondensateGasSaveExport
Value, all time
$3.9 M
Mar 2012 – May 2026
Value, last 12 filed months
$164 k
at the published price for each month
Months reported
171
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
CondensateDisposition847 bbl$61,661
GasProduction1,119,567 Mcf$3,854,155
Total$3,915,816

Every month this lease reported (171)

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

171 months

May 202602,872106.413.05$8,748
Apr 2026112,82698.932.87$9,198
Mar 2026163,15789.753.15$11,379
Feb 202602,92963.503.75$10,985
Jan 202603,66459.138.00$29,304
Dec 202503,54756.664.41$15,654
Nov 202503,59858.593.93$14,127
Oct 202503,87859.383.30$12,816
Sep 202503,36762.743.08$10,360
Aug 202504,65963.933.01$14,046
Jul 202504,42666.743.32$14,673
Jun 202503,91866.483.13$12,258
May 202503,34560.553.23$10,812
Apr 202502,85962.363.54$10,130
Mar 202503,04267.704.27$12,984
Feb 202501,50770.884.34$6,542
Jan 202503,37474.324.28$14,436
Dec 202403,71468.993.12$11,593
Nov 202403,72669.052.20$8,191
Oct 202404,26171.372.28$9,721
Sep 202404,20069.612.36$9,930
Aug 202404,29675.632.06$8,865
Jul 202403,81579.932.15$8,189
Jun 202403,79078.082.63$9,983
May 202404,18078.812.20$9,189
Apr 202404,16284.451.66$6,906
Mar 202404,30580.301.55$6,652
Feb 202403,83076.091.78$6,831
Jan 202403,63473.023.30$11,984
Dec 202303,51471.262.61$9,174
Nov 202303,23377.892.81$9,077
Oct 202303,81985.443.09$11,790
Sep 202303,30089.042.74$9,026
Aug 202303,29680.522.67$8,810
Jul 202303,57174.852.64$9,434
Jun 2023233,27268.962.26$8,976
May 202303,66870.622.23$8,170
Apr 202303,58378.122.24$8,018
Mar 202303,65972.852.39$8,757
Feb 202303,79275.112.47$9,350
Jan 202304,65376.533.39$15,763
Dec 2022104,44176.415.73$26,207
Nov 202204,07985.005.65$23,031
Oct 202204,23087.185.86$24,804
Sep 202204,10984.888.16$33,545
Aug 202204,30394.529.13$39,274
Jul 202204,316101.587.54$32,552
Jun 202204,258115.097.98$33,967
May 202204,516109.378.43$38,084
Apr 202204,532104.226.84$30,988
Mar 202204,292108.885.08$21,788
Feb 202203,56591.054.86$17,322
Jan 202204,31081.844.54$19,557
Dec 202104,27771.323.90$16,677
Nov 2021334,52477.435.24$26,247
Oct 202104,87179.795.71$27,832
Sep 202103,91869.865.35$20,965
Aug 202104,35566.024.22$18,381
Jul 202104,48270.783.98$17,848
Jun 202104,31569.493.38$14,587
May 202104,42963.483.02$13,365
Apr 202104,33660.362.76$11,961
Mar 202104,35261.302.72$11,824
Feb 202104,46157.805.55$24,749
Jan 202104,43850.412.81$12,472
Dec 202004,52444.642.68$12,104
Nov 202004,32038.772.71$11,692
Oct 202004,19436.972.48$10,395
Sep 202004,11637.091.99$8,195
Aug 202004,32039.982.39$10,304
Jul 202004,61038.371.83$8,414
Jun 202004,55534.901.69$7,699
May 202004,66216.921.81$8,460
Apr 2020374,48114.751.80$8,631
Mar 202004,55330.341.86$8,451
Feb 202003,76549.881.98$7,457
Jan 202004,16657.252.09$8,727
Dec 201904,42259.012.30$10,190
Nov 201904,56855.302.75$12,565
Oct 201905,10353.472.42$12,342
Sep 201904,73755.052.66$12,588
Aug 201904,67953.112.30$10,782
Jul 201904,60756.272.46$11,334
Jun 201904,47652.782.49$11,151
May 201904,69458.482.74$12,863
Apr 201904,82862.632.75$13,280
Mar 2019375,13856.803.06$17,835
Feb 201904,29350.852.79$11,987
Jan 201905,10446.033.23$16,477
Dec 201805,10646.594.19$21,371
Nov 201804,66552.934.24$19,767
Oct 201804,99061.443.40$16,956
Sep 201804,78859.543.11$14,881
Aug 201805,22959.403.07$16,035
Jul 201805,55465.142.93$16,284
Jun 201804,05060.183.08$12,462
May 201804,91265.382.90$14,249
Apr 2018355,61863.842.90$18,531
Mar 201805,31861.222.79$14,820
Feb 201804,75661.782.77$13,156
Jan 201805,62262.874.01$22,540
Dec 201705,23057.272.92$15,280
Nov 2017275,79455.423.12$19,564
Oct 201705,31249.292.98$15,849
Sep 201705,16647.523.09$15,949
Aug 201706,62545.373.00$19,904
Jul 2017366,30843.873.09$21,054
Jun 201706,37042.493.09$19,666
May 201706,34645.373.26$20,710
Apr 201705,58747.933.21$17,943
Mar 201706,52646.772.98$19,472
Feb 2017387,42750.452.95$23,846
Jan 201707,51549.413.42$25,692
Dec 201607,32948.763.72$27,285
Nov 201605,79742.492.64$15,329
Oct 201606,21046.193.09$19,191
Sep 201606,35541.553.10$19,705
Aug 201606,68341.442.92$19,543
Jul 201606,73241.622.92$19,687
Jun 201606,71645.352.69$18,038
May 2016396,96242.521.99$15,520
Apr 201606,80736.561.99$13,553
Mar 201607,21733.011.79$12,947
Feb 201606,82726.472.06$14,088
Jan 201607,30627.352.36$17,274
Dec 201507,51832.362.00$15,047
Nov 201507,57038.792.17$16,407
Oct 201507,87143.552.43$19,100
Sep 201507,86742.992.76$21,700
Aug 2015368,27340.162.87$25,210
Jul 201508,23348.152.95$24,247
Jun 201508,45556.152.88$24,375
May 201509,22155.212.96$27,252
Apr 201508,71949.822.71$23,599
Mar 201509,12742.892.93$26,785
Feb 201508,30044.662.98$24,702
Jan 2015389,39543.433.10$30,781
Dec 201409,53254.693.59$34,233
Nov 201409,52470.464.25$40,495
Oct 2014010,10378.303.90$39,411
Sep 20142710,09686.164.05$43,169
Aug 2014010,75689.394.04$43,402
Jul 20143311,22196.564.18$50,086
Jun 2014011,46798.164.74$54,318
May 2014012,60494.734.73$59,574
Apr 2014013,62995.944.81$65,544
Mar 20144414,80895.895.06$79,100
Feb 201403,53197.406.19$21,864
Jan 20140090.404.86$0
Dec 201307,20891.824.35$31,387
Nov 2013015,13388.853.74$56,571
Oct 20132715,00297.423.78$59,328
Sep 2013015,180104.113.72$56,435
Aug 20131612,843104.253.52$46,909
Jul 201309,432102.523.72$35,066
Jun 2013017,06194.403.93$67,108
May 20133418,71394.834.15$80,866
Apr 2013018,52793.964.28$79,344
Mar 20133921,13593.623.91$86,350
Feb 2013022,07691.233.42$75,498
Jan 20134425,88191.603.42$92,541
Dec 20127028,16186.773.42$102,389
Nov 20123220,58486.953.62$77,399
Oct 20126524,08089.383.40$87,674
Sep 2012026,59494.672.92$77,612
Aug 2012027,51792.662.91$80,024
Jul 20120085.133.02$0
Jun 20120079.822.52$0
May 20120091.612.49$0
Apr 201200101.652.00$0
Mar 201200105.052.22$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
Condensate             0 bbl  × $106.41 =         $0
Gas                2,872 Mcf  × $  3.05 =     $8,748

────────────────────────────────────────────────────
Month total                                   $8,748

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/265769 is the state's own key, not one this site invented.