JOHNSON-NEELEY 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 266097District 09Field 65280200CondensateGasSaveExport
Value, all time
$5.7 M
Aug 2012 – May 2026
Value, last 12 filed months
$230 k
at the published price for each month
Months reported
166
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
CondensateDisposition1,385 bbl$83,046
GasProduction1,655,788 Mcf$5,614,756
Total$5,697,802

Every month this lease reported (166)

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

166 months

May 202605,045106.413.05$15,366
Apr 202604,95998.932.87$14,231
Mar 202605,12089.753.15$16,125
Feb 202604,72963.503.75$17,735
Jan 202605,27259.138.00$42,165
Dec 202505,05856.664.41$22,323
Nov 202504,98258.593.93$19,562
Oct 202505,15759.383.30$17,043
Sep 202505,12062.743.08$15,754
Aug 202505,18463.933.01$15,629
Jul 202505,41466.743.32$17,948
Jun 202505,20466.483.13$16,282
May 202505,36260.553.23$17,332
Apr 202505,21362.363.54$18,470
Mar 202505,42567.704.27$23,156
Feb 202504,93770.884.34$21,431
Jan 2025195,51374.324.28$25,000
Dec 2024855,57968.993.12$23,278
Nov 202405,45769.052.20$11,997
Oct 202405,64271.372.28$12,872
Sep 202405,57069.612.36$13,169
Aug 202405,42275.632.06$11,189
Jul 202405,74079.932.15$12,321
Jun 202405,52278.082.63$14,545
May 202405,66978.812.20$12,463
Apr 202405,36184.451.66$8,895
Mar 202405,61580.301.55$8,676
Feb 202405,22076.091.78$9,311
Jan 202405,80473.023.30$19,140
Dec 202305,65171.262.61$14,753
Nov 202305,55777.892.81$15,602
Oct 202305,76685.443.09$17,801
Sep 202305,44989.042.74$14,903
Aug 202305,80480.522.67$15,513
Jul 202305,87374.852.64$15,515
Jun 2023405,75968.962.26$15,765
May 202306,12870.622.23$13,650
Apr 202305,51378.122.24$12,337
Mar 202305,65372.852.39$13,529
Feb 202304,93475.112.47$12,166
Jan 202306,21976.533.39$21,068
Dec 20221116,63876.415.73$46,511
Nov 202206,41385.005.65$36,209
Oct 202206,32587.185.86$37,088
Sep 202206,26684.888.16$51,154
Aug 202206,29694.529.13$57,465
Jul 202206,343101.587.54$47,839
Jun 202206,077115.097.98$48,477
May 202206,280109.378.43$52,959
Apr 202206,550104.226.84$44,786
Mar 202206,797108.885.08$34,504
Feb 202206,01691.054.86$29,231
Jan 202206,79281.844.54$30,820
Dec 202106,71571.323.90$26,183
Nov 202106,51877.435.24$34,134
Oct 202107,01079.795.71$40,054
Sep 202105,99669.865.35$32,084
Aug 202106,92866.024.22$29,240
Jul 202107,06070.783.98$28,113
Jun 202106,94469.493.38$23,475
May 202107,03163.483.02$21,217
Apr 2021236,86460.362.76$20,322
Mar 202107,36961.302.72$20,021
Feb 2021537,06257.805.55$42,243
Jan 202107,31150.412.81$20,546
Dec 202007,54044.642.68$20,173
Nov 202007,20438.772.71$19,498
Oct 202007,59936.972.48$18,834
Sep 202007,42937.091.99$14,791
Aug 202007,57939.982.39$18,077
Jul 20201187,79638.371.83$18,756
Jun 202007,71034.901.69$13,032
May 202007,98116.921.81$14,484
Apr 202007,85614.751.80$14,175
Mar 202008,10330.341.86$15,041
Feb 202007,48749.881.98$14,829
Jan 202007,86657.252.09$16,477
Dec 201908,23059.012.30$18,965
Nov 201907,98355.302.75$21,959
Oct 201908,29153.472.42$20,052
Sep 201908,29855.052.66$22,050
Aug 201908,69353.112.30$20,032
Jul 201908,74556.272.46$21,513
Jun 20191038,42352.782.49$26,420
May 201908,51058.482.74$23,320
Apr 201908,57862.632.75$23,596
Mar 201908,85956.803.06$27,127
Feb 201908,02750.852.79$22,413
Jan 201908,86446.033.23$28,615
Dec 201809,08146.594.19$38,008
Nov 201808,56452.934.24$36,288
Oct 201808,90961.443.40$30,273
Sep 201808,80859.543.11$27,375
Aug 2018929,32659.403.07$34,064
Jul 201809,41665.142.93$27,607
Jun 201809,14860.183.08$28,148
May 201809,53065.382.90$27,645
Apr 201809,16763.842.90$26,592
Mar 201809,58261.222.79$26,704
Feb 201808,65961.782.77$23,952
Jan 201809,78962.874.01$39,247
Dec 2017639,53757.272.92$31,471
Nov 201709,73455.423.12$30,354
Oct 2017010,31349.292.98$30,771
Sep 201709,92547.523.09$30,641
Aug 2017010,34145.373.00$31,069
Jul 2017010,65543.873.09$32,895
Jun 2017189,97542.493.09$31,560
May 2017010,83745.373.26$35,365
Apr 2017010,74847.933.21$34,518
Mar 2017011,22746.772.98$33,498
Feb 20179510,49950.452.95$35,792
Jan 2017011,15949.413.42$38,150
Dec 2016011,39048.763.72$42,403
Nov 2016011,29242.492.64$29,860
Oct 2016011,97646.193.09$37,009
Sep 20161111,79341.553.10$37,023
Aug 2016012,46541.442.92$36,452
Jul 2016012,66841.622.92$37,046
Jun 20163312,46345.352.69$34,970
May 2016013,00142.521.99$25,886
Apr 2016012,66236.561.99$25,211
Mar 2016013,41233.011.79$24,061
Feb 20162712,92026.472.06$27,377
Jan 2016013,57627.352.36$32,099
Dec 20159014,30832.362.00$31,549
Nov 2015013,05238.792.17$28,288
Oct 20152312,66243.552.43$31,727
Sep 2015013,38142.992.76$36,910
Aug 2015014,23540.162.87$40,890
Jul 20151114,23548.152.95$42,453
Jun 2015014,30256.152.88$41,231
May 20155119,26955.212.96$59,764
Apr 2015014,77949.822.71$40,000
Mar 2015014,04842.892.93$41,227
Feb 2015013,08544.662.98$38,943
Jan 201510014,84343.433.10$50,366
Dec 2014015,21654.693.59$54,646
Nov 2014015,25870.464.25$64,875
Oct 2014016,17578.303.90$63,098
Sep 2014016,09086.164.05$65,091
Aug 2014017,19589.394.04$69,384
Jul 20144817,67396.564.18$78,501
Jun 2014017,62398.164.74$83,478
May 2014018,36194.734.73$86,784
Apr 2014016,34795.944.81$78,615
Mar 2014451,71195.895.06$12,967
Feb 20140097.406.19$0
Jan 20140790.404.86$34
Dec 2013010,14891.824.35$44,189
Nov 2013020,60488.853.74$77,024
Oct 201312425,22697.423.78$107,418
Sep 2013014,574104.113.72$54,182
Aug 2013016,008104.253.52$56,390
Jul 2013025,384102.523.72$94,371
Jun 2013025,79094.403.93$101,443
May 2013028,61694.834.15$118,730
Apr 2013030,66593.964.28$131,326
Mar 2013035,80793.623.91$140,108
Feb 2013038,25291.233.42$130,818
Jan 2013246,79691.603.42$160,221
Dec 2012049,12686.773.42$168,019
Nov 201204,53786.953.62$16,446
Oct 20120089.383.40$0
Sep 20120094.672.92$0
Aug 20120092.662.91$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                5,045 Mcf  × $  3.05 =    $15,366

────────────────────────────────────────────────────
Month total                                  $15,366

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/266097 is the state's own key, not one this site invented.