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 272775District 09Field 65280200CondensateGasSaveExport
Value, all time
$4.6 M
Aug 2013 – May 2026
Value, last 12 filed months
$196 k
at the published price for each month
Months reported
154
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
CondensateDisposition757 bbl$41,884
GasProduction1,299,731 Mcf$4,524,649
Total$4,566,533

Every month this lease reported (154)

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

154 months

May 202604,619106.413.05$14,069
Apr 202604,34898.932.87$12,478
Mar 202604,27189.753.15$13,451
Feb 202603,79063.503.75$14,214
Jan 202604,31659.138.00$34,519
Dec 202504,18156.664.41$18,452
Nov 202503,60158.593.93$14,139
Oct 202504,12859.383.30$13,642
Sep 202504,71762.743.08$14,514
Aug 202506,59763.933.01$19,888
Jul 202503,08766.743.32$10,234
Jun 202505,20666.483.13$16,288
May 202505,13760.553.23$16,604
Apr 202504,70462.363.54$16,667
Mar 202504,40567.704.27$18,802
Feb 202503,60570.884.34$15,649
Jan 202503,84974.324.28$16,469
Dec 202404,09868.993.12$12,791
Nov 202403,54969.052.20$7,802
Oct 202404,10571.372.28$9,365
Sep 202404,30569.612.36$10,179
Aug 202405,10875.632.06$10,541
Jul 202404,94879.932.15$10,621
Jun 202404,97878.082.63$13,112
May 202405,01178.812.20$11,016
Apr 202404,81384.451.66$7,986
Mar 202404,93680.301.55$7,627
Feb 202404,70776.091.78$8,396
Jan 202404,49773.023.30$14,830
Dec 202304,63371.262.61$12,095
Nov 202304,65877.892.81$13,078
Oct 202304,98685.443.09$15,393
Sep 202306,17589.042.74$16,889
Aug 202306,93080.522.67$18,523
Jul 202307,09174.852.64$18,733
Jun 202306,68068.962.26$15,087
May 202306,69570.622.23$14,912
Apr 202305,71878.122.24$12,796
Mar 202305,97372.852.39$14,294
Feb 202305,37675.112.47$13,256
Jan 202305,89076.533.39$19,954
Dec 2022415,58576.415.73$35,130
Nov 202205,67885.005.65$32,059
Oct 202206,71987.185.86$39,399
Sep 202203,96884.888.16$32,393
Aug 202205,93294.529.13$54,142
Jul 202206,374101.587.54$48,073
Jun 202205,923115.097.98$47,249
May 202205,968109.378.43$50,328
Apr 202205,695104.226.84$38,940
Mar 202205,556108.885.08$28,204
Feb 202204,56991.054.86$22,200
Jan 202204,95381.844.54$22,475
Dec 202105,49371.323.90$21,418
Nov 202105,39177.435.24$28,232
Oct 202106,04179.795.71$34,517
Sep 202105,04769.865.35$27,006
Aug 202106,50866.024.22$27,468
Jul 202106,44170.783.98$25,649
Jun 202106,02869.493.38$20,378
May 202105,51863.483.02$16,652
Apr 202105,59660.362.76$15,436
Mar 202105,56661.302.72$15,122
Feb 202103,60557.805.55$20,000
Jan 2021011,54250.412.81$32,436
Dec 202008,27144.642.68$22,129
Nov 202006,34338.772.71$17,168
Oct 202007,11836.972.48$17,641
Sep 202006,85837.091.99$13,655
Aug 202007,19439.982.39$17,158
Jul 202007,53438.371.83$13,750
Jun 202007,13334.901.69$12,057
May 202007,00816.921.81$12,718
Apr 202006,75414.751.80$12,187
Mar 202006,89130.341.86$12,791
Feb 202005,94849.881.98$11,781
Jan 202006,68257.252.09$13,997
Dec 201906,56259.012.30$15,121
Nov 201906,71355.302.75$18,465
Oct 201906,92553.472.42$16,748
Sep 201906,57755.052.66$17,477
Aug 201906,76753.112.30$15,594
Jul 201906,76956.272.46$16,652
Jun 201906,85852.782.49$17,085
May 201906,05358.482.74$16,587
Apr 201906,32362.632.75$17,393
Mar 201906,98656.803.06$21,392
Feb 201906,35050.852.79$17,731
Jan 201907,21246.033.23$23,282
Dec 201807,74846.594.19$32,429
Nov 201807,59752.934.24$32,190
Oct 201808,15461.443.40$27,708
Sep 201807,54759.543.11$23,456
Aug 201807,89659.403.07$24,214
Jul 201807,80065.142.93$22,869
Jun 201807,65960.183.08$23,566
May 201808,07565.382.90$23,424
Apr 201807,92563.842.90$22,989
Mar 201808,29161.222.79$23,106
Feb 201807,90061.782.77$21,852
Jan 201808,30562.874.01$33,297
Dec 201708,44057.272.92$24,658
Nov 201707,60755.423.12$23,721
Oct 201708,71549.292.98$26,003
Sep 201708,92847.523.09$27,563
Aug 201709,52945.373.00$28,629
Jul 201709,97543.873.09$30,796
Jun 201709,87942.493.09$30,499
May 2017010,73545.373.26$35,033
Apr 201713310,35147.933.21$39,618
Mar 2017010,14446.772.98$30,266
Feb 201704,85150.452.95$14,323
Jan 201709,19149.413.42$31,422
Dec 2016010,40548.763.72$38,736
Nov 201608,67642.492.64$22,942
Oct 2016010,01646.193.09$30,952
Sep 2016010,42941.553.10$32,336
Aug 201609,85241.442.92$28,811
Jul 2016011,05841.622.92$32,337
Jun 2016011,09845.352.69$29,807
May 2016011,88342.521.99$23,660
Apr 2016011,76136.561.99$23,417
Mar 201619312,25133.011.79$28,349
Feb 2016011,98726.472.06$24,737
Jan 2016013,02227.352.36$30,789
Dec 2015013,75632.362.00$27,531
Nov 2015013,70838.792.17$29,710
Oct 2015013,65343.552.43$33,130
Sep 2015013,37942.992.76$36,905
Aug 2015014,46640.162.87$41,553
Jul 2015014,61848.152.95$43,051
Jun 2015014,87956.152.88$42,894
May 2015015,26555.212.96$45,115
Apr 2015015,85449.822.71$42,910
Mar 2015017,53042.892.93$51,445
Feb 201519817,96144.662.98$62,298
Jan 2015015,34043.433.10$47,564
Dec 2014015,33054.693.59$55,056
Nov 2014016,21970.464.25$68,961
Oct 2014017,67778.303.90$68,957
Sep 2014018,14686.164.05$73,409
Aug 201419219,88589.394.04$97,401
Jul 2014021,54296.564.18$90,037
Jun 2014023,33598.164.74$110,535
May 2014027,59194.734.73$130,411
Apr 2014028,82695.944.81$138,628
Mar 2014037,13995.895.06$187,805
Feb 2014047,62097.406.19$294,863
Jan 201406,38690.404.86$31,041
Dec 20130091.824.35$0
Nov 20130088.853.74$0
Oct 20130097.423.78$0
Sep 201300104.113.72$0
Aug 201300104.253.52$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                4,619 Mcf  × $  3.05 =    $14,069

────────────────────────────────────────────────────
Month total                                  $14,069

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/272775 is the state's own key, not one this site invented.