COLE TRUST FOUR

Operated by BKV BARNETT, LLC (P-5 72504) 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 148240District 09Field 652802002 tax incentive programmesCondensateGasSaveExport
Value, all time
$6.7 M
Nov 1993 – May 2026
Value, last 12 filed months
$46 k
at the published price for each month
Months reported
391
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

Severance-tax incentive filings

Applications the operator filed to have this lease's gas taxed at a reduced state rate. A filing is an application, and this page never calls one a reduction that was granted.

ProgrammeFilingsWith an approval dateDatedDocket
High Cost Gas111994-03-29129519
NGPA2none

This says nothing about a royalty. A severance tax is charged to the operator. Whether a reduced rate reaches a royalty owner depends on the wording of the lease instrument, which is a private contract this site does not hold.

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
CondensateDisposition42 bbl$691
GasProduction1,615,985 Mcf$6,697,838
Total$6,698,529

209,826 Mcf of this lease's gas, across 36 months, carries no value here. No free Texas wellhead gas price exists before 1997, so those months are left out of the total rather than valued at zero. The total above is therefore a floor, not an estimate.

Wells on this lease (1)

Every wellbore the Railroad Commission records against this lease key, with the depth, the last completion and the plug date exactly as filed. A well with no plug date is not stated to be producing — the state files no such flag.

These wells centre on 33.1747, -97.2559. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

33.17470, -97.25590 · centre of the wells drawn, derived

What these wells add up to

Every figure below is counted over all of this lease's wells, not over the rows listed above. The Railroad Commission files two facts about a well's state — a plug date and a proration-schedule flag — and a well can carry both, so they are published as separate counts and never merged into a status.

On the schedule
0.0%
0 of 1 wells
With a plug date
0.0%
0 of 1 wells
Median depth
8,600 ft
1 wells filed one
Completion to plug
no well filed both dates

What the state filed about each well

On the RRC proration schedule
00.0%
A plug date is filed
00.0%
BothOn the schedule and plugged. Neither fact cancels the other.
00.0%
NeitherNo plug date, and not on the schedule.
1100.0%

A plug date is the date the Commission recorded the wellbore as sealed with cement and abandoned. It is the only end-of-life fact Texas files. There is no "active" flag on a well, so this page does not print one — a well with no plug date is not stated to be producing.

How deep they were drilled

The one well that filed a depth was drilled to 8,600 ft.

Completions filed
Nov 1993
1 of 1 wells

1 well

42-1213055418,600 ftNov 1993

The API number is the state's, prefixed 42 for Texas. A well is matched to this lease by the lease key the Commission files on the wellbore record, so a well that has moved between leases appears under each one it was filed against.

Every month this lease reported (391)

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

391 months

May 20260790106.413.05$2,406
Apr 2026077498.932.87$2,221
Mar 2026079889.753.15$2,513
Feb 2026076763.503.75$2,877
Jan 2026094059.138.00$7,518
Dec 202501,08756.664.41$4,797
Nov 202501,03458.593.93$4,060
Oct 202501,08559.383.30$3,586
Sep 202501,29462.743.08$3,982
Aug 202501,46663.933.01$4,420
Jul 202501,25166.743.32$4,147
Jun 202501,23466.483.13$3,861
May 202501,28860.553.23$4,163
Apr 202501,28362.363.54$4,546
Mar 202501,29967.704.27$5,545
Feb 202501,21970.884.34$5,291
Jan 202501,32874.324.28$5,682
Dec 202401,36168.993.12$4,248
Nov 202401,27469.052.20$2,801
Oct 202401,33971.372.28$3,055
Sep 202401,32769.612.36$3,138
Aug 202401,36775.632.06$2,821
Jul 202401,37179.932.15$2,943
Jun 202401,33978.082.63$3,527
May 202401,40278.812.20$3,082
Apr 202401,36184.451.66$2,258
Mar 202401,39380.301.55$2,152
Feb 202401,31576.091.78$2,345
Jan 202401,30473.023.30$4,300
Dec 202301,35671.262.61$3,540
Nov 202301,33077.892.81$3,734
Oct 202301,28285.443.09$3,958
Sep 202301,17489.042.74$3,211
Aug 202301,23980.522.67$3,312
Jul 202301,37374.852.64$3,627
Jun 202301,36268.962.26$3,076
May 202301,45070.622.23$3,230
Apr 202301,45578.122.24$3,256
Mar 202301,44372.852.39$3,453
Feb 202301,34775.112.47$3,321
Jan 202301,53376.533.39$5,193
Dec 202201,65276.415.73$9,464
Nov 202201,54585.005.65$8,723
Oct 202201,65387.185.86$9,693
Sep 202201,63484.888.16$13,339
Aug 202201,60694.529.13$14,658
Jul 202201,541101.587.54$11,622
Jun 202201,576115.097.98$12,572
May 202201,615109.378.43$13,619
Apr 202201,600104.226.84$10,940
Mar 202201,635108.885.08$8,300
Feb 202201,56991.054.86$7,624
Jan 202201,70381.844.54$7,728
Dec 202101,75471.323.90$6,839
Nov 202101,56877.435.24$8,211
Oct 202101,69679.795.71$9,691
Sep 202101,60169.865.35$8,567
Aug 202101,67166.024.22$7,053
Jul 202101,63170.783.98$6,495
Jun 202101,72269.493.38$5,821
May 202101,81863.483.02$5,486
Apr 202101,80960.362.76$4,990
Mar 202101,93161.302.72$5,246
Feb 202101,90357.805.55$10,558
Jan 202101,86250.412.81$5,233
Dec 202001,94444.642.68$5,201
Nov 202001,95038.772.71$5,278
Oct 202002,01736.972.48$4,999
Sep 202002,01237.091.99$4,006
Aug 202002,08539.982.39$4,973
Jul 202002,16638.371.83$3,953
Jun 202002,11234.901.69$3,570
May 202002,14516.921.81$3,893
Apr 202002,03014.751.80$3,663
Mar 202002,06830.341.86$3,839
Feb 202001,86649.881.98$3,696
Jan 202002,04657.252.09$4,286
Dec 201902,12159.012.30$4,888
Nov 201901,85755.302.75$5,108
Oct 201901,93853.472.42$4,687
Sep 201901,95055.052.66$5,182
Aug 201902,00453.112.30$4,618
Jul 201901,96456.272.46$4,832
Jun 201901,94852.782.49$4,853
May 201902,01258.482.74$5,514
Apr 201901,96662.632.75$5,408
Mar 201901,88856.803.06$5,781
Feb 201901,69750.852.79$4,738
Jan 201901,90146.033.23$6,137
Dec 201802,03646.594.19$8,522
Nov 201802,00352.934.24$8,487
Oct 201802,20061.443.40$7,476
Sep 201802,21359.543.11$6,878
Aug 201802,11859.403.07$6,495
Jul 201802,29965.142.93$6,740
Jun 201802,27960.183.08$7,012
May 201802,35265.382.90$6,823
Apr 201802,13663.842.90$6,196
Mar 201802,69161.222.79$7,499
Feb 201802,19661.782.77$6,074
Jan 201802,46362.874.01$9,875
Dec 201702,48957.272.92$7,272
Nov 201702,41855.423.12$7,540
Oct 201702,47049.292.98$7,370
Sep 201702,43447.523.09$7,514
Aug 201702,46945.373.00$7,418
Jul 201702,43043.873.09$7,502
Jun 201702,40842.493.09$7,434
May 201702,42445.373.26$7,910
Apr 201702,48547.933.21$7,981
Mar 201702,53646.772.98$7,567
Feb 201702,33750.452.95$6,900
Jan 201702,57649.413.42$8,807
Dec 201602,72148.763.72$10,130
Nov 201602,70742.492.64$7,158
Oct 201602,80546.193.09$8,668
Sep 201602,74341.553.10$8,505
Aug 201602,93541.442.92$8,583
Jul 201602,94641.622.92$8,615
Jun 201602,70745.352.69$7,271
May 201602,84942.521.99$5,672
Apr 201602,76836.561.99$5,511
Mar 201602,83733.011.79$5,090
Feb 201602,49126.472.06$5,141
Jan 201602,83827.352.36$6,710
Dec 201502,89832.362.00$5,800
Nov 201502,68938.792.17$5,828
Oct 201502,96143.552.43$7,185
Sep 201502,80342.992.76$7,732
Aug 201502,84740.162.87$8,178
Jul 201502,99448.152.95$8,818
Jun 201502,96256.152.88$8,539
May 201503,08855.212.96$9,126
Apr 201503,15149.822.71$8,528
Mar 201503,25042.892.93$9,538
Feb 201502,93044.662.98$8,720
Jan 201503,11743.433.10$9,665
Dec 201403,15954.693.59$11,345
Nov 201403,02570.464.25$12,862
Oct 201403,09078.303.90$12,054
Sep 201403,02286.164.05$12,225
Aug 201403,18789.394.04$12,860
Jul 201403,13996.564.18$13,120
Jun 201403,01198.164.74$14,263
May 201403,16694.734.73$14,964
Apr 201403,09895.944.81$14,899
Mar 201403,36995.895.06$17,036
Feb 201402,89997.406.19$17,951
Jan 201403,42690.404.86$16,653
Dec 201303,64591.824.35$15,872
Nov 201303,27488.853.74$12,239
Oct 201303,43097.423.78$12,963
Sep 201303,227104.113.72$11,997
Aug 201303,257104.253.52$11,473
Jul 201303,325102.523.72$12,361
Jun 201303,39994.403.93$13,370
May 201303,43294.834.15$14,240
Apr 201303,40093.964.28$14,561
Mar 201303,60193.623.91$14,090
Feb 201303,21491.233.42$10,992
Jan 201303,62291.603.42$12,387
Dec 201203,83786.773.42$13,123
Nov 201203,79986.953.62$13,771
Oct 201203,94289.383.40$13,402
Sep 201203,85794.672.92$11,256
Aug 201204,14292.662.91$12,046
Jul 201205,82285.133.02$17,587
Jun 201205,11379.822.52$12,880
May 201204,76291.612.49$11,849
Apr 20120524101.652.00$1,046
Mar 201204,382105.052.22$9,737
Feb 201204,420101.102.57$11,360
Jan 201205,30998.092.73$14,515
Dec 201105,50996.873.24$17,848
Nov 201104,26495.723.31$14,119
Oct 201104,37184.983.65$15,948
Sep 201104,15983.623.99$16,577
Aug 201104,30483.404.15$17,859
Jul 201104,64394.144.52$20,974
Jun 201104,57792.904.64$21,237
May 201104,88798.134.40$21,526
Apr 201104,677105.964.33$20,267
Mar 201104,80996.364.06$19,512
Feb 201104,53185.644.18$18,939
Jan 201104,90586.504.59$22,508
Dec 201004,92885.734.35$21,426
Nov 201004,78180.843.80$18,145
Oct 201004,92978.103.51$17,295
Sep 201004,80372.633.98$19,113
Aug 201004,95573.684.42$21,898
Jul 201005,06672.554.74$23,995
Jun 201005,06170.364.91$24,852
May 201005,33471.124.24$22,591
Apr 201005,27181.694.12$21,731
Mar 201005,66478.394.39$24,857
Feb 201009,76273.585.44$53,128
Jan 2010010,22974.365.96$61,007
Dec 200903,62471.445.48$19,873
Nov 200905,78874.593.75$21,714
Oct 200906,24672.544.11$25,673
Sep 200906,11065.543.06$18,726
Aug 200906,29667.423.22$20,264
Jul 200906,47761.133.46$22,440
Jun 200906,65466.163.90$25,917
May 200907,23654.743.93$28,407
Apr 200907,19046.773.59$25,794
Mar 200907,81042.144.06$31,701
Feb 200904,97632.814.63$23,054
Jan 200905,42935.865.37$29,159
Dec 200806,88237.105.98$41,135
Nov 200806,32055.496.86$43,357
Oct 200806,67575.246.92$46,204
Sep 200806,494101.767.88$51,154
Aug 200806,497114.228.48$55,114
Jul 200806,643131.0811.39$75,660
Jun 200806,890131.3313.03$89,795
May 200807,106123.1711.57$82,247
Apr 200806,758110.3110.45$70,654
Mar 200807,367101.909.66$71,195
Feb 200807,23492.538.77$63,446
Jan 200807,70190.388.21$63,192
Dec 200708,64888.337.30$63,147
Nov 200707,12391.677.29$51,939
Oct 200708,08682.856.92$55,971
Sep 200707,08375.846.24$44,227
Aug 200706,98269.066.39$44,601
Jul 200707,83370.906.39$50,037
Jun 200708,89262.007.55$67,121
May 2007016,24258.747.85$127,439
Apr 200703,99759.617.81$31,197
Mar 200705,27656.927.30$38,525
Feb 200704,50855.108.22$37,038
Jan 200704,68450.306.73$31,509
Dec 200604,71756.656.92$32,634
Nov 200604,48154.207.62$34,134
Oct 200605,02654.906.01$30,225
Sep 200605,01260.085.04$25,246
Aug 200605,29268.717.34$38,843
Jul 200605,20469.376.34$33,008
Jun 200604,98266.286.38$31,804
May 200605,22466.016.42$33,564
Apr 200605,16264.397.36$37,995
Mar 200605,54256.707.08$39,254
Feb 200606,06557.597.75$47,011
Jan 200605,97560.598.93$53,377
Dec 200506,08254.9413.42$81,592
Nov 200506,05554.6910.59$64,113
Oct 200506,39858.3413.80$88,265
Sep 200506,06461.4512.08$73,247
Aug 200506,68761.519.80$65,511
Jul 200506,31655.697.84$49,540
Jun 200505,85552.337.38$43,216
May 200506,25245.226.65$41,583
Apr 200506,26849.207.36$46,135
Mar 200506,34850.377.15$45,419
Feb 200506,21345.226.31$39,216
Jan 200508,00743.166.32$50,622
Dec 2004011,16539.866.75$75,376
Nov 200408,80145.286.33$55,714
Oct 2004010,67549.706.52$69,549
Sep 200407,84543.245.28$41,452
Aug 20040042.375.55$0
Jul 20040038.286.08$0
Jun 200406,72836.106.43$43,281
May 200408,33037.486.49$54,100
Apr 200407,55634.475.86$44,267
Mar 200408,08534.365.53$44,711
Feb 200408,18432.455.51$45,091
Jan 200409,08232.036.30$57,213
Dec 200308,37330.266.30$52,764
Nov 200308,96928.804.60$41,214
Oct 2003010,09128.174.76$48,030
Sep 200309,85726.314.75$46,814
Aug 2003010,39129.765.13$53,303
Jul 2003016,96829.415.17$87,739
Jun 20030028.565.98$0
May 20030026.595.97$0
Apr 20030026.675.41$0
Mar 20030031.146.10$0
Feb 200304,56633.487.93$36,190
Jan 200308,85630.315.58$49,435
Dec 200207,94126.914.85$38,544
Nov 200208,11224.664.14$33,559
Oct 200208,75926.464.23$37,043
Sep 200208,45227.443.64$30,725
Aug 200208,63625.963.16$27,326
Jul 200209,87024.583.06$30,220
Jun 2002010,02123.733.34$33,453
May 2002010,57024.663.58$37,883
Apr 2002010,20323.653.51$35,836
Mar 2002010,87922.003.10$33,754
Feb 2002010,03618.222.38$23,842
Jan 2002010,83317.172.38$25,736
Dec 2001011,81616.932.36$27,938
Nov 2001011,83218.072.41$28,462
Oct 2001012,89219.782.53$32,602
Sep 2001013,32224.262.25$29,992
Aug 2001015,92424.873.05$48,619
Jul 2001017,50923.933.20$55,978
Jun 2001019,95024.563.82$76,292
May 2001023,70825.524.31$102,118
Apr 200104,35324.685.34$23,225
Mar 20010024.545.38$0
Feb 20010027.755.77$0
Jan 2001077327.478.40$6,492
Dec 200001,65626.889.12$15,107
Nov 200001,29932.215.66$7,350
Oct 200001,41831.235.15$7,296
Sep 200001,31931.875.19$6,841
Aug 200001,49629.644.54$6,793
Jul 200001,60328.534.09$6,556
Jun 200001,88029.304.40$8,267
May 2000086927.263.68$3,198
Apr 200001,55724.513.12$4,852
Mar 200031,72028.422.86$5,004
Feb 200001,78827.622.73$4,875
Jan 200001,54125.272.48$3,822
Dec 199901,66524.282.42$4,035
Nov 199901,57823.192.43$3,841
Oct 199901,74220.982.80$4,884
Sep 199901,89921.752.62$4,973
Aug 1999098919.262.88$2,844
Jul 199901,64117.892.37$3,893
Jun 199901,72115.942.36$4,065
May 199901,81815.792.32$4,220
Apr 199901,76415.102.21$3,895
Mar 199901,94112.471.84$3,568
Feb 199901,7969.981.82$3,265
Jan 199901,91910.381.90$3,646
Dec 199801,7939.201.77$3,180
Nov 199801,91810.892.19$4,192
Oct 199801,99512.421.97$3,929
Sep 199801,96912.592.08$4,101
Aug 199802,26211.301.91$4,314
Jul 199801,71311.742.24$3,832
Jun 199801,45111.242.24$3,246
May 199802,04612.622.21$4,514
Apr 199801,53113.042.51$3,836
Mar 199801,62712.802.31$3,757
Feb 199801,49913.952.30$3,446
Jan 199802,28814.702.15$4,930
Dec 199702,52416.322.41$6,086
Nov 199702,19718.193.09$6,785
Oct 199702,32519.253.15$7,323
Sep 199702,25117.742.95$6,651
Aug 199702,36317.862.55$6,037
Jul 199702,36117.582.25$5,305
Jun 199702,51617.242.26$5,679
May 199702,68518.972.31$6,198
Apr 199702,74517.882.08$5,717
Mar 199702,95418.951.94$5,728
Feb 199702,31020.492.21$5,096
Jan 199702,66023.483.54$9,416
Dec 199602,76023.32$0
Nov 199602,69121.97$0
Oct 199602,82423.31$0
Sep 199602,83422.22$0
Aug 199603,05620.26$0
Jul 199603,17419.55$0
Jun 199603,12118.73$0
May 199603,32919.43$0
Apr 199603,26121.51$0
Mar 199603,48519.38$0
Feb 199603,44316.98$0
Jan 199603,51617.07$0
Dec 199503,84917.19$0
Nov 199503,79016.00$0
Oct 199504,14315.43$0
Sep 199504,26116.18$0
Aug 199504,80015.92$0
Jul 199504,90615.24$0
Jun 199504,91416.41$0
May 199565,29417.56$105
Apr 199505,22117.73$0
Mar 199505,48516.44$0
Feb 199505,21316.58$0
Jan 199506,28915.92$0
Dec 199406,90815.03$0
Nov 199407,52615.90$0
Oct 199408,11415.58$0
Sep 199469,15615.29$92
Aug 1994010,68916.13$0
Jul 199408,44717.56$0
Jun 1994616,11317.09$103
May 19941315,42215.88$206
Apr 199407,29114.14$0
Mar 199408,49812.46$0
Feb 1994813,99812.50$100
Jan 199402,00512.66$0
Dec 19930012.33$0
Nov 19930014.49$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                  790 Mcf  × $  3.05 =     $2,406

────────────────────────────────────────────────────
Month total                                   $2,406

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/148240 is the state's own key, not one this site invented.