MARTIN

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 232424District 09Field 652802002 tax incentive programmesCondensateGasSaveExport
Value, all time
$8.9 M
May 2007 – May 2026
Value, last 12 filed months
$105 k
at the published price for each month
Months reported
229
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 Gas112008-02-27176916
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
CondensateDisposition1 bbl$75
GasProduction1,788,337 Mcf$8,926,186
Total$8,926,261

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 33.0382, -97.3137. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

33.03816, -97.31374 · 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
7,558 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 7,558 ft.

Completions filed
May 2007
1 of 1 wells

1 well

42-121330275 H7,558 ftMay 2007

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 (229)

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

229 months

May 202602,294106.413.05$6,987
Apr 202602,37798.932.87$6,821
Mar 202602,60489.753.15$8,201
Feb 202602,15663.503.75$8,086
Jan 202602,58559.138.00$20,675
Dec 202502,79256.664.41$12,322
Nov 202503,11858.593.93$12,243
Oct 2025061359.383.30$2,026
Sep 202502,76062.743.08$8,492
Aug 202501,88863.933.01$5,692
Jul 202502,00966.743.32$6,660
Jun 202502,02366.483.13$6,329
May 202501,89760.553.23$6,132
Apr 202502,33362.363.54$8,266
Mar 202502,73267.704.27$11,661
Feb 202502,21070.884.34$9,593
Jan 202502,89274.324.28$12,374
Dec 202402,92068.993.12$9,114
Nov 202402,85969.052.20$6,285
Oct 202403,03171.372.28$6,915
Sep 202402,97369.612.36$7,029
Aug 202402,98475.632.06$6,158
Jul 202403,04179.932.15$6,528
Jun 202402,99478.082.63$7,886
May 202403,17278.812.20$6,973
Apr 202402,97784.451.66$4,939
Mar 202403,17180.301.55$4,900
Feb 202403,04376.091.78$5,428
Jan 202403,19373.023.30$10,529
Dec 202303,39871.262.61$8,871
Nov 202303,18077.892.81$8,928
Oct 202303,25985.443.09$10,061
Sep 202303,36889.042.74$9,212
Aug 202303,55580.522.67$9,502
Jul 202303,54774.852.64$9,370
Jun 202303,15868.962.26$7,132
May 202303,30970.622.23$7,370
Apr 202303,52278.122.24$7,881
Mar 202303,53772.852.39$8,465
Feb 202303,35675.112.47$8,275
Jan 202303,78776.533.39$12,829
Dec 202203,79376.415.73$21,730
Nov 202203,63785.005.65$20,535
Oct 202203,82087.185.86$22,400
Sep 202203,69484.888.16$30,157
Aug 202203,54894.529.13$32,383
Jul 202203,437101.587.54$25,922
Jun 202203,699115.097.98$29,508
May 202203,900109.378.43$32,889
Apr 202203,896104.226.84$26,639
Mar 202204,293108.885.08$21,793
Feb 202204,01091.054.86$19,484
Jan 202203,89481.844.54$17,670
Dec 202103,12871.323.90$12,196
Nov 202103,36577.435.24$17,622
Oct 202103,82579.795.71$21,856
Sep 202102,98369.865.35$15,962
Aug 202103,06766.024.22$12,945
Jul 202103,30870.783.98$13,173
Jun 202103,73269.493.38$12,616
May 202103,22163.483.02$9,720
Apr 202103,46260.362.76$9,550
Mar 202104,00161.302.72$10,870
Feb 202103,23457.805.55$17,942
Jan 202101,51150.412.81$4,246
Dec 202001,62844.642.68$4,356
Nov 202003,63638.772.71$9,841
Oct 202002,15036.972.48$5,329
Sep 202002,73237.091.99$5,440
Aug 202001,19739.982.39$2,855
Jul 202004,12238.371.83$7,523
Jun 202004,88634.901.69$8,259
May 202005,07516.921.81$9,210
Apr 202005,09014.751.80$9,184
Mar 202001,81730.341.86$3,373
Feb 202002,72549.881.98$5,397
Jan 202003,06257.252.09$6,414
Dec 201902,25559.012.30$5,196
Nov 201903,53555.302.75$9,724
Oct 201903,62553.472.42$8,767
Sep 201904,50855.052.66$11,979
Aug 201904,98753.112.30$11,492
Jul 201905,88556.272.46$14,477
Jun 201904,53352.782.49$11,293
May 201904,78458.482.74$13,110
Apr 201904,37762.632.75$12,040
Mar 201904,33956.803.06$13,286
Feb 201903,80450.852.79$10,622
Jan 201904,09446.033.23$13,216
Dec 201804,11946.594.19$17,240
Nov 201804,32452.934.24$18,322
Oct 201804,34661.443.40$14,768
Sep 201804,41259.543.11$13,713
Aug 201803,98959.403.07$12,233
Jul 201803,64565.142.93$10,687
Jun 201803,87360.183.08$11,917
May 201803,98965.382.90$11,571
Apr 201803,83963.842.90$11,136
Mar 201804,18761.222.79$11,669
Feb 201804,10161.782.77$11,344
Jan 201804,36162.874.01$17,485
Dec 201703,89957.272.92$11,391
Nov 201703,18855.423.12$9,941
Oct 201703,00949.292.98$8,978
Sep 201703,87347.523.09$11,957
Aug 201704,25245.373.00$12,775
Jul 201704,00443.873.09$12,361
Jun 201704,02342.493.09$12,420
May 201704,46745.373.26$14,578
Apr 201705,68947.933.21$18,271
Mar 201705,03046.772.98$15,008
Feb 201704,70950.452.95$13,904
Jan 201704,66149.413.42$15,935
Dec 201604,50248.763.72$16,760
Nov 201604,51942.492.64$11,950
Oct 201604,72846.193.09$14,611
Sep 201604,98241.553.10$15,447
Aug 201604,90041.442.92$14,329
Jul 201605,48441.622.92$16,037
Jun 201604,86245.352.69$13,059
May 201605,18842.521.99$10,330
Apr 201605,48936.561.99$10,929
Mar 201605,44133.011.79$9,761
Feb 201604,99326.472.06$10,304
Jan 201605,52127.352.36$13,054
Dec 201505,16632.362.00$10,339
Nov 201504,94038.792.17$10,707
Oct 201504,87643.552.43$11,832
Sep 201504,44242.992.76$12,253
Aug 201504,56540.162.87$13,113
Jul 201504,45948.152.95$13,132
Jun 201504,84356.152.88$13,962
May 201505,12155.212.96$15,135
Apr 201505,22549.822.71$14,142
Mar 201505,84442.892.93$17,150
Feb 201505,28744.662.98$15,735
Jan 201505,93843.433.10$18,412
Dec 201406,27954.693.59$22,550
Nov 201406,32670.464.25$26,897
Oct 201405,65678.303.90$22,064
Sep 201405,42086.164.05$21,926
Aug 201405,16489.394.04$20,837
Jul 201406,38496.564.18$26,683
Jun 201406,39098.164.74$30,269
May 201405,93394.734.73$28,043
Apr 201405,99595.944.81$28,831
Mar 201405,81895.895.06$29,420
Feb 201405,03097.406.19$31,146
Jan 201405,78390.404.86$28,110
Dec 201306,13391.824.35$26,706
Nov 201305,76488.853.74$21,547
Oct 201306,26897.423.78$23,689
Sep 201306,135104.113.72$22,808
Aug 201307,684104.253.52$27,068
Jul 201307,807102.523.72$29,024
Jun 201307,37894.403.93$29,021
May 201307,66094.834.15$31,782
Apr 201308,10593.964.28$34,710
Mar 201308,77093.623.91$34,316
Feb 201307,27491.233.42$24,876
Jan 201308,21091.603.42$28,077
Dec 201208,83286.773.42$30,207
Nov 201208,76286.953.62$31,762
Oct 201209,17389.383.40$31,185
Sep 201208,70494.672.92$25,402
Aug 201209,60192.662.91$27,921
Jul 2012010,29385.133.02$31,093
Jun 201209,08979.822.52$22,896
May 201209,89791.612.49$24,627
Apr 201209,800101.652.00$19,569
Mar 2012010,594105.052.22$23,541
Feb 201209,657101.102.57$24,821
Jan 2012010,53198.092.73$28,793
Dec 2011010,77696.873.24$34,911
Nov 2011010,66695.723.31$35,318
Oct 2011011,31484.983.65$41,280
Sep 2011011,35983.623.99$45,275
Aug 2011011,78683.404.15$48,904
Jul 201109,35094.144.52$42,236
Jun 201101,97992.904.64$9,182
May 201105,13498.134.40$22,614
Apr 2011011,301105.964.33$48,970
Mar 201102,59496.364.06$10,525
Feb 201103,47285.644.18$14,513
Jan 201106,01986.504.59$27,620
Dec 201002,56085.734.35$11,130
Nov 201003,58280.843.80$13,595
Oct 201007,66478.103.51$26,892
Sep 201008,57272.633.98$34,112
Aug 2010010,89073.684.42$48,127
Jul 2010011,41972.554.74$54,086
Jun 2010010,84770.364.91$53,263
May 2010011,35971.124.24$48,108
Apr 2010012,08781.694.12$49,831
Mar 2010011,25278.394.39$49,381
Feb 2010010,81473.585.44$58,854
Jan 2010013,34574.365.96$79,591
Dec 2009013,93871.445.48$76,433
Nov 2009113,25074.593.75$49,782
Oct 2009014,07772.544.11$57,860
Sep 2009013,45065.543.06$41,221
Aug 2009014,05267.423.22$45,226
Jul 2009014,47661.133.46$50,152
Jun 2009013,56466.163.90$52,832
May 2009015,04354.743.93$59,055
Apr 2009015,20646.773.59$54,552
Mar 2009016,42542.144.06$66,669
Feb 2009015,73832.814.63$72,914
Jan 2009019,27735.865.37$103,537
Dec 2008022,34937.105.98$133,583
Nov 2008030,13255.496.86$206,716
Oct 2008011,92075.246.92$82,510
Sep 2008031,807101.767.88$250,547
Aug 2008013,262114.228.48$112,502
Jul 200800131.0811.39$0
Jun 200802,444131.3313.03$31,852
May 2008025,367123.1711.57$293,605
Apr 2008015,837110.3110.45$165,574
Mar 2008030,239101.909.66$292,232
Feb 2008029,29192.538.77$256,899
Jan 2008032,25990.388.21$264,709
Dec 2007036,68188.337.30$267,844
Nov 2007036,09391.677.29$263,179
Oct 2007039,77082.856.92$275,287
Sep 2007044,37575.846.24$277,085
Aug 2007053,79969.066.39$343,665
Jul 2007064,86870.906.39$414,373
Jun 2007083,39362.007.55$629,488
May 2007012,29058.747.85$96,431

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                2,294 Mcf  × $  3.05 =     $6,987

────────────────────────────────────────────────────
Month total                                   $6,987

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/232424 is the state's own key, not one this site invented.