COLE, M.T.

Operated by BKV BARNETT II, LLC (P-5 103758) 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 223650District 09Field 652802002 tax incentive programmesCondensateGasSaveExport
Value, all time
$8.8 M
Apr 2006 – May 2026
Value, last 12 filed months
$307 k
at the published price for each month
Months reported
242
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 Gas112007-07-19169692
NGPA1none

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
CondensateDisposition19,419 bbl$1,362,676
GasProduction1,673,422 Mcf$7,467,834
Total$8,830,510

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 33.2600, -97.3986. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

33.26002, -97.39860 · 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
7,986 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 7,986 ft.

Completions filed
Apr 2006
1 of 1 wells

1 well

42-4973593812AH7,986 ftApr 2006

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 (242)

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

242 months

May 20261888,583106.413.05$46,148
Apr 202603,27598.932.87$9,398
Mar 202607,48489.753.15$23,570
Feb 202606,11663.503.75$22,937
Jan 202605,80659.138.00$46,436
Dec 202508,09656.664.41$35,731
Nov 202505,94658.593.93$23,347
Oct 202506,15459.383.30$20,338
Sep 202505,37262.743.08$16,529
Aug 202505,62463.933.01$16,955
Jul 20251835,33366.743.32$29,893
Jun 202505,08366.483.13$15,903
May 202505,85660.553.23$18,928
Apr 202506,46162.363.54$22,892
Mar 202507,02367.704.27$29,976
Feb 202505,69970.884.34$24,738
Jan 20251954,55674.324.28$33,986
Dec 202404,60268.993.12$14,365
Nov 202404,17669.052.20$9,181
Oct 202407,02771.372.28$16,031
Sep 202403,57169.612.36$8,443
Aug 202406,46575.632.06$13,341
Jul 202406,24179.932.15$13,397
Jun 202406,07578.082.63$16,001
May 202406,64678.812.20$14,611
Apr 202406,94584.451.66$11,523
Mar 202406,99580.301.55$10,808
Feb 20241866,52376.091.78$25,787
Jan 202406,80973.023.30$22,454
Dec 202306,74571.262.61$17,609
Nov 202306,80777.892.81$19,111
Oct 202307,86685.443.09$24,285
Sep 202306,61589.042.74$18,092
Aug 20231776,32980.522.67$31,169
Jul 202306,40974.852.64$16,931
Jun 202306,31668.962.26$14,265
May 202307,84070.622.23$17,463
Apr 202308,33078.122.24$18,641
Mar 20231878,29872.852.39$33,481
Feb 202307,83375.112.47$19,314
Jan 202308,74476.533.39$29,622
Dec 202208,33976.415.73$47,775
Nov 202208,02885.005.65$45,328
Oct 202208,22787.185.86$48,241
Sep 20221787,83284.888.16$79,047
Aug 202208,54294.529.13$77,964
Jul 202207,209101.587.54$54,371
Jun 202207,529115.097.98$60,060
May 202207,096109.378.43$59,841
Apr 202205,661104.226.84$38,708
Mar 202206,390108.885.08$32,438
Feb 202204,88391.054.86$23,726
Jan 2022082481.844.54$3,739
Dec 202101,30271.323.90$5,077
Nov 20211918,98677.435.24$61,847
Oct 202108,90879.795.71$50,899
Sep 202108,61669.865.35$46,104
Aug 202109,14266.024.22$38,585
Jul 20211839,41870.783.98$50,456
Jun 202109,28069.493.38$31,372
May 2021010,11863.483.02$30,533
Apr 2021010,00260.362.76$27,590
Mar 2021010,63861.302.72$28,903
Feb 2021011,82357.805.55$65,593
Jan 202118210,55750.412.81$38,843
Dec 2020010,77144.642.68$28,817
Nov 202018010,25038.772.71$34,721
Oct 2020010,56436.972.48$26,182
Sep 2020010,50237.091.99$20,910
Aug 2020011,10139.982.39$26,477
Jul 2020010,98938.371.83$20,056
Jun 2020010,32134.901.69$17,446
May 2020010,62216.921.81$19,276
Apr 202014710,44014.751.80$21,006
Mar 2020011,02730.341.86$20,469
Feb 202009,99849.881.98$19,803
Jan 2020011,09957.252.09$23,250
Dec 201918111,60759.012.30$37,428
Nov 2019012,83055.302.75$35,291
Oct 2019012,32353.472.42$29,804
Sep 201918711,41655.052.66$40,630
Aug 2019011,87753.112.30$27,369
Jul 2019012,04356.272.46$29,627
Jun 2019012,44452.782.49$31,000
May 201917913,25258.482.74$46,783
Apr 2019012,57562.632.75$34,590
Mar 201918714,05156.803.06$53,647
Feb 20195213,13450.852.79$39,317
Jan 2019014,39646.033.23$46,473
Dec 2018014,18346.594.19$59,362
Nov 201817912,95252.934.24$64,355
Oct 2018010,08461.443.40$34,266
Sep 2018010,18259.543.11$31,646
Aug 2018015,43259.403.07$47,323
Jul 2018013,32065.142.93$39,053
Jun 201808,75960.183.08$26,951
May 201808,44565.382.90$24,497
Apr 201805,25963.842.90$15,255
Mar 201807,77961.222.79$21,679
Feb 201805,03161.782.77$13,916
Jan 201804,67462.874.01$18,740
Dec 201706,32357.272.92$18,473
Nov 2017687,24855.423.12$26,370
Oct 20170249.292.98$6
Sep 20170047.523.09$0
Aug 20170045.373.00$0
Jul 20170043.873.09$0
Jun 20170042.493.09$0
May 20170045.373.26$0
Apr 20170047.933.21$0
Mar 20170046.772.98$0
Feb 20170050.452.95$0
Jan 20170049.413.42$0
Dec 20160048.763.72$0
Nov 20160042.492.64$0
Oct 20160046.193.09$0
Sep 20160441.553.10$12
Aug 20160141.442.92$3
Jul 20160141.622.92$3
Jun 20160145.352.69$3
May 20160342.521.99$6
Apr 20160536.561.99$10
Mar 20160033.011.79$0
Feb 20160026.472.06$0
Jan 20160527.352.36$12
Dec 20150932.362.00$18
Nov 201519346438.792.17$8,492
Oct 201505,37443.552.43$13,040
Sep 201504,21942.992.76$11,638
Aug 201505,13240.162.87$14,742
Jul 201505,47148.152.95$16,113
Jun 201505,46256.152.88$15,746
May 201505,73155.212.96$16,938
Apr 20151985,20149.822.71$23,941
Mar 201503,31742.892.93$9,734
Feb 201504,64244.662.98$13,815
Jan 201504,37743.433.10$13,571
Dec 20142015,62054.693.59$31,176
Nov 201405,55670.464.25$23,623
Oct 201405,89778.303.90$23,004
Sep 201405,36586.164.05$21,704
Aug 201406,31489.394.04$25,478
Jul 20141815,98296.564.18$42,480
Jun 201405,32998.164.74$25,243
May 201405,77194.734.73$27,277
Apr 201405,73995.944.81$27,600
Mar 20141825,89695.895.06$47,267
Feb 201406,04297.406.19$37,412
Jan 201407,48890.404.86$36,397
Dec 201306,99591.824.35$30,460
Nov 20131985,30288.853.74$37,413
Oct 201306,53597.423.78$24,698
Sep 201305,362104.113.72$19,935
Aug 201305,456104.253.52$19,219
Jul 20131745,625102.523.72$38,751
Jun 201304,67294.403.93$18,377
May 201305,04294.834.15$20,920
Apr 201305,05893.964.28$21,661
Mar 20131954,62093.623.91$36,333
Feb 201303,75891.233.42$12,852
Jan 2013085191.603.42$2,910
Dec 2012026886.773.42$917
Nov 201201,00486.953.62$3,639
Oct 20121965,91989.383.40$37,641
Sep 201205,78394.672.92$16,877
Aug 201206,09792.662.91$17,731
Jul 20121945,98585.133.02$34,595
Jun 201205,69379.822.52$14,341
May 201206,46791.612.49$16,092
Apr 201207,928101.652.00$15,831
Mar 201201,795105.052.22$3,989
Feb 201205101.102.57$13
Jan 2012117398.092.73$571
Dec 20110396.873.24$10
Nov 20110095.723.31$0
Oct 20110384.983.65$11
Sep 2011028083.623.99$1,116
Aug 20110083.404.15$0
Jul 201108194.144.52$366
Jun 201116192.904.64$376
May 201109798.134.40$427
Apr 201100105.964.33$0
Mar 20110096.364.06$0
Feb 20111672,48985.644.18$24,706
Jan 20111716,14386.504.59$42,980
Dec 201026,80785.734.35$29,767
Nov 20101597,03980.843.80$39,569
Oct 20101866,30378.103.51$36,643
Sep 20101766,51572.633.98$38,709
Aug 201006,17973.684.42$27,307
Jul 20101807,07672.554.74$46,574
Jun 20101697,27170.364.91$47,594
May 20101847,64171.124.24$45,447
Apr 20101847,10281.694.12$44,310
Mar 201028,98478.394.39$39,585
Feb 20101501,85773.585.44$21,143
Jan 201002,53674.365.96$15,125
Dec 20091866,34471.445.48$48,077
Nov 20091826,97074.593.75$39,723
Oct 200907,50472.544.11$30,843
Sep 20091815,81065.543.06$29,669
Aug 20091847,74267.423.22$37,323
Jul 20091808,10061.133.46$39,066
Jun 20091817,87766.163.90$42,656
May 20091808,59854.743.93$43,607
Apr 20091858,60646.773.59$39,526
Mar 20091818,87242.144.06$43,639
Feb 20093628,36432.814.63$50,628
Jan 20091809,26735.865.37$56,228
Dec 200818510,52937.105.98$69,797
Nov 20081879,74555.496.86$77,231
Oct 20081819,19875.246.92$77,287
Sep 20081838,888101.767.88$88,634
Aug 20081778,839114.228.48$95,198
Jul 20083638,600131.0811.39$145,531
Jun 20081858,725131.3313.03$138,006
May 20081728,956123.1711.57$124,845
Apr 20081748,783110.3110.45$111,019
Mar 20081889,272101.909.66$108,762
Feb 20083668,11292.538.77$105,013
Jan 20081849,29090.388.21$92,861
Dec 20071818,97688.337.30$81,530
Nov 20071858,06191.677.29$75,737
Oct 20071847,39482.856.92$66,426
Sep 200718110,44275.846.24$78,929
Aug 20071818,81069.066.39$68,778
Jul 200735910,95070.906.39$95,401
Jun 200717711,17762.007.55$95,343
May 200736311,74258.747.85$113,454
Apr 200736713,66659.617.81$128,543
Mar 200737014,55456.927.30$127,333
Feb 200736612,92355.108.22$126,342
Jan 200736914,47450.306.73$115,925
Dec 200654415,99456.656.92$141,471
Nov 200636416,55554.207.62$145,836
Oct 200654617,12054.906.01$132,932
Sep 200655516,76860.085.04$117,808
Aug 200672317,71368.717.34$179,689
Jul 200655121,75469.376.34$176,203
Jun 200672222,72566.286.38$192,928
May 200655036,02666.016.42$267,773
Apr 20060064.397.36$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           188 bbl  × $106.41 =    $20,005
Gas                8,583 Mcf  × $  3.05 =    $26,142

────────────────────────────────────────────────────
Month total                                  $46,148

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/223650 is the state's own key, not one this site invented.