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 265789District 09Field 65280200CondensateGasSaveExport
Value, all time
$4.5 M
Mar 2012 – May 2026
Value, last 12 filed months
$172 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
CondensateDisposition1,041 bbl$79,965
GasProduction1,262,173 Mcf$4,373,138
Total$4,453,102

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 202603,335106.413.05$10,158
Apr 2026113,11898.932.87$10,036
Mar 2026163,48889.753.15$12,421
Feb 202603,13263.503.75$11,746
Jan 202603,56859.138.00$28,537
Dec 202503,73456.664.41$16,479
Nov 202503,88258.593.93$15,242
Oct 202504,35059.383.30$14,376
Sep 202504,22662.743.08$13,003
Aug 202504,28663.933.01$12,921
Jul 202504,26966.743.32$14,153
Jun 202504,22266.483.13$13,209
May 202504,32360.553.23$13,973
Apr 202504,18262.363.54$14,817
Mar 202504,31567.704.27$18,418
Feb 202503,81570.884.34$16,560
Jan 202504,33074.324.28$18,527
Dec 202404,40668.993.12$13,753
Nov 202404,29469.052.20$9,440
Oct 202404,51171.372.28$10,291
Sep 202403,98469.612.36$9,420
Aug 202404,41375.632.06$9,107
Jul 202404,33779.932.15$9,310
Jun 202404,17778.082.63$11,002
May 202404,39778.812.20$9,667
Apr 202404,32984.451.66$7,183
Mar 202404,46180.301.55$6,893
Feb 202404,00176.091.78$7,136
Jan 202404,31973.023.30$14,243
Dec 202304,17171.262.61$10,889
Nov 202303,92777.892.81$11,025
Oct 202303,85685.443.09$11,905
Sep 202303,57789.042.74$9,783
Aug 202303,65780.522.67$9,775
Jul 202303,79074.852.64$10,012
Jun 2023233,70168.962.26$9,945
May 202303,90370.622.23$8,694
Apr 202303,93378.122.24$8,801
Mar 202304,34972.852.39$10,408
Feb 202304,13775.112.47$10,201
Jan 202304,95976.533.39$16,800
Dec 2022105,23576.415.73$30,756
Nov 202204,32985.005.65$24,442
Oct 202204,48987.185.86$26,322
Sep 202204,35484.888.16$35,545
Aug 202204,54994.529.13$41,519
Jul 202204,582101.587.54$34,558
Jun 202204,495115.097.98$35,858
May 202204,372109.378.43$36,869
Apr 202204,821104.226.84$32,964
Mar 202204,722108.885.08$23,971
Feb 202204,20891.054.86$20,446
Jan 202204,62681.844.54$20,991
Dec 202104,87571.323.90$19,008
Nov 2021334,89377.435.24$28,179
Oct 202105,38779.795.71$30,781
Sep 202104,29469.865.35$22,977
Aug 202104,85366.024.22$20,483
Jul 202104,85970.783.98$19,349
Jun 202104,83269.493.38$16,335
May 202104,87763.483.02$14,717
Apr 202104,84760.362.76$13,370
Mar 202104,93261.302.72$13,400
Feb 202104,71957.805.55$26,181
Jan 202104,95250.412.81$13,916
Dec 202005,05144.642.68$13,514
Nov 202004,94038.772.71$13,370
Oct 202005,07336.972.48$12,573
Sep 202004,97337.091.99$9,901
Aug 202005,00639.982.39$11,940
Jul 202005,09238.371.83$9,294
Jun 202004,88634.901.69$8,259
May 202005,12616.921.81$9,302
Apr 2020374,88514.751.80$9,360
Mar 202005,13830.341.86$9,537
Feb 202004,59449.881.98$9,099
Jan 202005,19457.252.09$10,880
Dec 201905,39059.012.30$12,421
Nov 201905,29855.302.75$14,573
Oct 201905,68153.472.42$13,740
Sep 201905,40955.052.66$14,373
Aug 201905,62053.112.30$12,951
Jul 201905,64656.272.46$13,890
Jun 201905,57652.782.49$13,891
May 201905,78258.482.74$15,845
Apr 201905,60262.632.75$15,409
Mar 2019375,93456.803.06$20,272
Feb 201904,54850.852.79$12,699
Jan 201905,46046.033.23$17,626
Dec 201805,68146.594.19$23,777
Nov 201805,48952.934.24$23,258
Oct 201805,91161.443.40$20,086
Sep 201805,81959.543.11$18,085
Aug 201805,77359.403.07$17,703
Jul 201805,15365.142.93$15,108
Jun 201804,93560.183.08$15,185
May 201805,22665.382.90$15,160
Apr 2018353,58063.842.90$12,619
Mar 201804,55661.222.79$12,697
Feb 201805,42061.782.77$14,992
Jan 201806,56662.874.01$26,325
Dec 201706,28257.272.92$18,353
Nov 2017276,70355.423.12$22,399
Oct 201706,84449.292.98$20,420
Sep 201706,70447.523.09$20,697
Aug 201707,51045.373.00$22,563
Jul 2017367,08243.873.09$23,443
Jun 201707,03542.493.09$21,719
May 201707,03845.373.26$22,968
Apr 201706,80547.933.21$21,855
Mar 201707,74346.772.98$23,103
Feb 2017387,52150.452.95$24,124
Jan 201708,70049.413.42$29,744
Dec 201608,19048.763.72$30,490
Nov 201606,78742.492.64$17,947
Oct 201607,40646.193.09$22,886
Sep 201607,65141.553.10$23,723
Aug 201608,11841.442.92$23,740
Jul 201608,28041.622.92$24,214
Jun 201608,11445.352.69$21,793
May 2016398,33142.521.99$18,246
Apr 201607,75636.561.99$15,443
Mar 201608,07333.011.79$14,483
Feb 201607,82226.472.06$16,142
Jan 201608,48927.352.36$20,071
Dec 201508,91332.362.00$17,839
Nov 201509,13138.792.17$19,790
Oct 201509,27443.552.43$22,504
Sep 201509,05742.992.76$24,983
Aug 2015369,66440.162.87$29,206
Jul 201509,89248.152.95$29,133
Jun 2015010,17256.152.88$29,324
May 2015010,95655.212.96$32,380
Apr 2015010,37649.822.71$28,083
Mar 2015010,66142.892.93$31,287
Feb 201509,68544.662.98$28,824
Jan 20153811,00243.433.10$35,763
Dec 2014011,24754.693.59$40,392
Nov 2014011,18270.464.25$47,544
Oct 2014011,84678.303.90$46,211
Sep 20142711,83486.164.05$50,200
Aug 2014012,64189.394.04$51,008
Jul 20143013,14696.564.18$57,842
Jun 2014013,52798.164.74$64,076
May 2014014,91894.734.73$70,511
Apr 2014010,76795.944.81$51,780
Mar 2014203,98895.895.06$22,084
Feb 2014016,41097.406.19$101,611
Jan 2014016,57690.404.86$80,571
Dec 2013014,33291.824.35$62,408
Nov 2013017,17488.853.74$64,201
Oct 20132916,73497.423.78$66,069
Sep 2013016,578104.113.72$61,633
Aug 20131712,610104.253.52$46,192
Jul 2013015,591102.523.72$57,963
Jun 2013018,70594.403.93$73,574
May 20134121,29194.834.15$92,226
Apr 2013020,98793.964.28$89,879
Mar 20134023,73493.623.91$96,613
Feb 2013022,92791.233.42$78,408
Jan 20132219,52991.603.42$68,803
Dec 20122516,59086.773.42$58,910
Nov 20122620,99386.953.62$78,359
Oct 201211030,93089.383.40$114,984
Sep 201210234,74394.672.92$111,050
Aug 201213621,59792.662.91$75,409
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                3,335 Mcf  × $  3.05 =    $10,158

────────────────────────────────────────────────────
Month total                                  $10,158

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/265789 is the state's own key, not one this site invented.