JOHNSON TXU 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 268125District 09Field 65280200CondensateGasSaveExport
Value, all time
$4.9 M
Dec 2012 – May 2026
Value, last 12 filed months
$171 k
at the published price for each month
Months reported
162
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
CondensateDisposition617 bbl$40,697
GasProduction1,397,660 Mcf$4,851,493
Total$4,892,190

Every month this lease reported (162)

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

162 months

May 202604,170106.413.05$12,701
Apr 202603,95798.932.87$11,355
Mar 20264089.753.15$359
Feb 202603,63163.503.75$13,617
Jan 202604,06059.138.00$32,472
Dec 202504,18056.664.41$18,448
Nov 202504,07258.593.93$15,988
Oct 202504,12659.383.30$13,636
Sep 202504,11562.743.08$12,662
Aug 202504,29063.933.01$12,933
Jul 202504,27166.743.32$14,159
Jun 202504,11166.483.13$12,862
May 202504,35660.553.23$14,080
Apr 202504,23962.363.54$15,019
Mar 202504,38767.704.27$18,725
Feb 202504,00070.884.34$17,363
Jan 202504,52974.324.28$19,378
Dec 202404,47468.993.12$13,965
Nov 202404,43369.052.20$9,746
Oct 202404,59971.372.28$10,492
Sep 202404,28869.612.36$10,138
Aug 202404,51475.632.06$9,315
Jul 202404,59079.932.15$9,853
Jun 202404,47978.082.63$11,798
May 202404,70878.812.20$10,350
Apr 202404,50684.451.66$7,476
Mar 202434,72380.301.55$7,539
Feb 202404,38376.091.78$7,818
Jan 2024284,78173.023.30$17,811
Dec 202304,74371.262.61$12,383
Nov 202304,70877.892.81$13,218
Oct 202304,53985.443.09$14,013
Sep 202304,58089.042.74$12,526
Aug 202304,76380.522.67$12,731
Jul 202304,79774.852.64$12,673
Jun 202304,68068.962.26$10,570
May 202304,88270.622.23$10,874
Apr 202304,60178.122.24$10,296
Mar 202304,57772.852.39$10,953
Feb 202304,41975.112.47$10,896
Jan 202304,87676.533.39$16,519
Dec 202204,94376.415.73$28,319
Nov 202204,78585.005.65$27,017
Oct 202205,02087.185.86$29,436
Sep 202204,27784.888.16$34,916
Aug 202204,95794.529.13$45,243
Jul 202204,904101.587.54$36,986
Jun 202204,920115.097.98$39,248
May 202205,251109.378.43$44,282
Apr 202205,241104.226.84$35,836
Mar 202205,410108.885.08$27,463
Feb 202205,02591.054.86$24,416
Jan 202204,69381.844.54$21,295
Dec 202105,41671.323.90$21,118
Nov 202105,03177.435.24$26,347
Oct 202105,80279.795.71$33,152
Sep 202104,97869.865.35$26,637
Aug 202105,63066.024.22$23,762
Jul 202105,82870.783.98$23,208
Jun 202105,76969.493.38$19,503
May 202106,07963.483.02$18,344
Apr 202105,40860.362.76$14,918
Mar 202105,77261.302.72$15,682
Feb 202105,64257.805.55$31,302
Jan 202106,19550.412.81$17,410
Dec 202006,23444.642.68$16,679
Nov 202005,80938.772.71$15,722
Oct 2020685,74636.972.48$16,755
Sep 202005,69737.091.99$11,343
Aug 202005,88439.982.39$14,034
Jul 202006,19438.371.83$11,305
Jun 202006,06234.901.69$10,247
May 202006,33016.921.81$11,487
Apr 202006,10514.751.80$11,016
Mar 2020126,16130.341.86$11,800
Feb 202005,78849.881.98$11,464
Jan 202006,01357.252.09$12,596
Dec 201906,39559.012.30$14,736
Nov 201906,20555.302.75$17,068
Oct 2019010,29853.472.42$24,906
Sep 2019010,05455.052.66$26,716
Aug 2019010,47553.112.30$24,138
Jul 2019010,53656.272.46$25,919
Jun 2019010,43852.782.49$26,003
May 2019010,72358.482.74$29,384
Apr 2019010,68462.632.75$29,388
Mar 20196911,27756.803.06$38,451
Feb 2019010,38050.852.79$28,983
Jan 2019011,55446.033.23$37,298
Dec 201809,42246.594.19$39,435
Nov 201805,95152.934.24$25,216
Oct 201806,94561.443.40$23,600
Sep 201806,93759.543.11$21,560
Aug 201807,49259.403.07$22,975
Jul 201807,44865.142.93$21,837
Jun 201807,23660.183.08$22,265
May 201807,55965.382.90$21,927
Apr 201807,34763.842.90$21,312
Mar 201807,73161.222.79$21,545
Feb 201807,13761.782.77$19,742
Jan 201807,70462.874.01$30,888
Dec 201707,89657.272.92$23,068
Nov 201707,91755.423.12$24,688
Oct 2017458,39849.292.98$27,275
Sep 201708,79747.523.09$27,159
Aug 201707,61045.373.00$22,863
Jul 201708,26043.873.09$25,501
Jun 201708,14242.493.09$25,137
May 201708,43145.373.26$27,514
Apr 201708,47147.933.21$27,205
Mar 201708,74046.772.98$26,077
Feb 201708,28150.452.95$24,450
Jan 201708,79649.413.42$30,072
Dec 201608,70948.763.72$32,422
Nov 201608,50942.492.64$22,501
Oct 201609,21246.193.09$28,467
Sep 201609,14841.553.10$28,365
Aug 201609,67341.442.92$28,287
Jul 201609,87441.622.92$28,875
Jun 201609,89245.352.69$26,568
May 20167410,13542.521.99$23,326
Apr 2016010,12436.561.99$20,157
Mar 2016010,59933.011.79$19,015
Feb 2016010,14926.472.06$20,944
Jan 2016010,95027.352.36$25,890
Dec 2015011,24332.362.00$22,502
Nov 2015011,05538.792.17$23,960
Oct 2015011,59643.552.43$28,139
Sep 20152111,42142.992.76$32,407
Aug 2015012,09940.162.87$34,754
Jul 2015012,47748.152.95$36,746
Jun 2015012,22856.152.88$35,252
May 2015012,98855.212.96$38,385
Apr 20154813,15349.822.71$37,991
Mar 2015013,88542.892.93$40,748
Feb 2015012,97344.662.98$38,610
Jan 2015014,90943.433.10$46,227
Dec 2014015,94154.693.59$57,250
Nov 2014016,35570.464.25$69,539
Oct 2014011,78778.303.90$45,981
Sep 201410211,69886.164.05$56,112
Aug 2014013,20689.394.04$53,288
Jul 201414313,80596.564.18$71,507
Jun 2014014,30498.164.74$67,756
May 2014015,58094.734.73$73,640
Apr 2014015,94095.944.81$76,657
Mar 2014017,27195.895.06$87,336
Feb 2014017,67997.406.19$109,468
Jan 2014013,51390.404.86$65,683
Dec 2013019,37491.824.35$84,364
Nov 2013019,21788.853.74$71,839
Oct 2013020,66497.423.78$78,097
Sep 2013020,497104.113.72$76,203
Aug 2013023,459104.253.52$82,637
Jul 2013025,552102.523.72$94,996
Jun 2013027,09094.403.93$106,556
May 2013031,12094.834.15$129,119
Apr 2013036,04093.964.28$154,345
Mar 2013046,76493.623.91$182,981
Feb 20130091.233.42$0
Jan 20130091.603.42$0
Dec 20120086.773.42$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                4,170 Mcf  × $  3.05 =    $12,701

────────────────────────────────────────────────────
Month total                                  $12,701

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/268125 is the state's own key, not one this site invented.