JOHNSON-HUBBLE 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 266096District 09Field 65280200CondensateGasSaveExport
Value, all time
$4.9 M
Nov 2012 – May 2026
Value, last 12 filed months
$204 k
at the published price for each month
Months reported
163
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
CondensateDisposition3,306 bbl$235,602
GasProduction1,339,342 Mcf$4,641,853
Total$4,877,455

Every month this lease reported (163)

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

163 months

May 202604,907106.413.05$14,946
Apr 202604,80998.932.87$13,800
Mar 202605,03689.753.15$15,861
Feb 202604,60963.503.75$17,285
Jan 202603,93759.138.00$31,488
Dec 202505,08856.664.41$22,455
Nov 202504,78358.593.93$18,780
Oct 202505,09759.383.30$16,845
Sep 202503,76362.743.08$11,578
Aug 202504,46163.933.01$13,449
Jul 202504,42166.743.32$14,657
Jun 202504,18166.483.13$13,081
May 202504,71560.553.23$15,240
Apr 202504,35662.363.54$15,434
Mar 202504,84667.704.27$20,684
Feb 202504,07770.884.34$17,698
Jan 202505,15774.324.28$22,065
Dec 202405,00568.993.12$15,622
Nov 2024734,42669.052.20$14,771
Oct 202404,29171.372.28$9,789
Sep 202404,37769.612.36$10,349
Aug 202404,60275.632.06$9,497
Jul 202404,55379.932.15$9,773
Jun 202404,70378.082.63$12,388
May 202405,21578.812.20$11,465
Apr 202405,03784.451.66$8,357
Mar 202485,40080.301.55$8,986
Feb 202404,61476.091.78$8,230
Jan 2024695,03873.023.30$21,652
Dec 202305,29871.262.61$13,832
Nov 202305,24377.892.81$14,720
Oct 202305,33785.443.09$16,477
Sep 202305,09389.042.74$13,930
Aug 202305,26080.522.67$14,059
Jul 202305,25974.852.64$13,893
Jun 20231215,22368.962.26$20,140
May 202305,06070.622.23$11,271
Apr 202304,95178.122.24$11,079
Mar 202302,68972.852.39$6,435
Feb 202304,51175.112.47$11,123
Jan 202305,24276.533.39$17,758
Dec 20221115,05676.415.73$37,448
Nov 202205,20485.005.65$29,383
Oct 202205,11487.185.86$29,987
Sep 202204,88584.888.16$39,880
Aug 202205,77194.529.13$52,673
Jul 202205,813101.587.54$43,842
Jun 202205,622115.097.98$44,848
May 202204,745109.378.43$40,015
Apr 202205,253104.226.84$35,918
Mar 202205,507108.885.08$27,956
Feb 202204,83691.054.86$23,497
Jan 20221415,34981.844.54$35,811
Dec 202105,69871.323.90$22,217
Nov 202105,52377.435.24$28,923
Oct 202106,06679.795.71$34,660
Sep 202104,51769.865.35$24,170
Aug 202105,71666.024.22$24,125
Jul 202105,19070.783.98$20,667
Jun 202105,76669.493.38$19,493
May 202105,88963.483.02$17,771
Apr 202105,44060.362.76$15,006
Mar 202105,70161.302.72$15,489
Feb 202103,80757.805.55$21,121
Jan 202106,28650.412.81$17,665
Dec 202006,15144.642.68$16,457
Nov 202006,06138.772.71$16,405
Oct 2020826,87236.972.48$20,063
Sep 202006,64037.091.99$13,221
Aug 202007,05939.982.39$16,836
Jul 202007,64638.371.83$13,955
Jun 202007,47334.901.69$12,632
May 202007,30416.921.81$13,255
Apr 20201256,87814.751.80$14,254
Mar 202007,38830.341.86$13,714
Feb 202005,73649.881.98$11,361
Jan 202006,22457.252.09$13,038
Dec 201905,44859.012.30$12,554
Nov 201906,07555.302.75$16,711
Oct 20191576,56953.472.42$24,282
Sep 201905,92155.052.66$15,734
Aug 201906,18953.112.30$14,262
Jul 201906,64756.272.46$16,352
Jun 201906,71052.782.49$16,716
May 201905,81858.482.74$15,943
Apr 201906,43562.632.75$17,701
Mar 201906,97456.803.06$21,355
Feb 201906,00550.852.79$16,767
Jan 201906,63246.033.23$21,409
Dec 201807,74346.594.19$32,408
Nov 201804,93652.934.24$20,915
Oct 201806,39561.443.40$21,731
Sep 201806,79859.543.11$21,128
Aug 201807,16959.403.07$21,984
Jul 201807,28965.142.93$21,370
Jun 20181326,50760.183.08$27,965
May 201807,07565.382.90$20,523
Apr 201807,19863.842.90$20,880
Mar 201807,43161.222.79$20,709
Feb 201806,27861.782.77$17,366
Jan 201807,45862.874.01$29,902
Dec 20171257,56157.272.92$29,248
Nov 201707,90855.423.12$24,660
Oct 201707,36449.292.98$21,972
Sep 201707,08247.523.09$21,864
Aug 201707,69845.373.00$23,128
Jul 201707,59343.873.09$23,442
Jun 201707,72042.493.09$23,834
May 201708,15145.373.26$26,600
Apr 201707,85847.933.21$25,237
Mar 20171098,39446.772.98$30,143
Feb 201707,32050.452.95$21,613
Jan 201708,26149.413.42$28,243
Dec 201608,43348.763.72$31,395
Nov 20161038,21442.492.64$26,097
Oct 201608,53946.193.09$26,388
Sep 201608,52741.553.10$26,439
Aug 201609,04341.442.92$26,445
Jul 201609,10841.622.92$26,635
Jun 20161498,99445.352.69$30,914
May 201609,52542.521.99$18,965
Apr 201609,51836.561.99$18,951
Mar 2016010,00633.011.79$17,951
Feb 201609,99526.472.06$20,626
Jan 201604,57727.352.36$10,822
Dec 201509,22732.362.00$18,467
Nov 201509,77138.792.17$21,177
Oct 201512510,14843.552.43$30,069
Sep 201509,99942.992.76$27,581
Aug 2015010,53240.162.87$30,253
Jul 2015010,70948.152.95$31,539
Jun 2015010,50056.152.88$30,270
May 201515210,99255.212.96$40,878
Apr 2015011,63149.822.71$31,480
Mar 201506,77742.892.93$19,889
Feb 201509,84444.662.98$29,298
Jan 2015011,49043.433.10$35,626
Dec 201415111,42854.693.59$49,300
Nov 2014011,51670.464.25$48,964
Oct 2014012,44478.303.90$48,544
Sep 20143212,39886.164.05$52,912
Aug 2014013,06289.394.04$52,707
Jul 201414913,32496.564.18$70,076
Jun 2014013,25298.164.74$62,773
May 2014014,01494.734.73$66,238
Apr 201412214,01195.944.81$79,085
Mar 2014015,13495.895.06$76,530
Feb 2014013,33697.406.19$82,577
Jan 201419515,65790.404.86$93,732
Dec 2013016,63391.824.35$72,428
Nov 2013016,91588.853.74$63,233
Oct 201313817,44097.423.78$79,356
Sep 2013018,182104.113.72$67,596
Aug 2013019,786104.253.52$69,698
Jul 201315724,021102.523.72$105,399
Jun 2013020,44094.403.93$80,399
May 2013019,81894.834.15$82,226
Apr 201315121,36493.964.28$105,681
Mar 201317424,68493.623.91$112,875
Feb 20139425,75391.233.42$96,649
Jan 201316134,25991.603.42$131,910
Dec 2012038,90686.773.42$133,065
Nov 20120086.953.62$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                4,907 Mcf  × $  3.05 =    $14,946

────────────────────────────────────────────────────
Month total                                  $14,946

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/266096 is the state's own key, not one this site invented.