MERCER RANCH
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.
Value, all time
$16.5 M
Feb 2008 – May 2026
Value, last 12 filed months
$315 k
at the published price for each month
Months reported
220
no gaps in the span
Streams
2
condensate, gas
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.
| Stream | Basis | Volume | Value |
|---|---|---|---|
| Condensate | Disposition | 279 bbl | $22,411 |
| Gas | Production | 3,733,948 Mcf | $16,430,691 |
| Total | $16,453,102 | ||
Every month this lease reported (220)
Volume × price = value, one row per cycle. The price columns are the same series published on the prices page — nothing here is modelled.
220 months
| May 2026 | 0 | 7,055 | 106.41 | 3.05 | $21,488 |
| Apr 2026 | 0 | 6,919 | 98.93 | 2.87 | $19,856 |
| Mar 2026 | 0 | 7,066 | 89.75 | 3.15 | $22,254 |
| Feb 2026 | 0 | 6,482 | 63.50 | 3.75 | $24,310 |
| Jan 2026 | 0 | 7,228 | 59.13 | 8.00 | $57,809 |
| Dec 2025 | 0 | 6,977 | 56.66 | 4.41 | $30,792 |
| Nov 2025 | 0 | 6,663 | 58.59 | 3.93 | $26,162 |
| Oct 2025 | 0 | 6,883 | 59.38 | 3.30 | $22,747 |
| Sep 2025 | 0 | 6,893 | 62.74 | 3.08 | $21,209 |
| Aug 2025 | 0 | 7,145 | 63.93 | 3.01 | $21,540 |
| Jul 2025 | 0 | 7,373 | 66.74 | 3.32 | $24,443 |
| Jun 2025 | 0 | 7,202 | 66.48 | 3.13 | $22,533 |
| May 2025 | 0 | 7,283 | 60.55 | 3.23 | $23,541 |
| Apr 2025 | 0 | 6,839 | 62.36 | 3.54 | $24,231 |
| Mar 2025 | 0 | 7,231 | 67.70 | 4.27 | $30,864 |
| Feb 2025 | 0 | 6,893 | 70.88 | 4.34 | $29,921 |
| Jan 2025 | 0 | 7,369 | 74.32 | 4.28 | $31,530 |
| Dec 2024 | 0 | 7,380 | 68.99 | 3.12 | $23,036 |
| Nov 2024 | 0 | 7,166 | 69.05 | 2.20 | $15,754 |
| Oct 2024 | 0 | 7,600 | 71.37 | 2.28 | $17,339 |
| Sep 2024 | 0 | 7,071 | 69.61 | 2.36 | $16,718 |
| Aug 2024 | 0 | 7,402 | 75.63 | 2.06 | $15,275 |
| Jul 2024 | 0 | 7,385 | 79.93 | 2.15 | $15,853 |
| Jun 2024 | 0 | 7,428 | 78.08 | 2.63 | $19,565 |
| May 2024 | 0 | 7,488 | 78.81 | 2.20 | $16,462 |
| Apr 2024 | 0 | 7,277 | 84.45 | 1.66 | $12,074 |
| Mar 2024 | 0 | 7,295 | 80.30 | 1.55 | $11,272 |
| Feb 2024 | 0 | 6,695 | 76.09 | 1.78 | $11,941 |
| Jan 2024 | 0 | 7,473 | 73.02 | 3.30 | $24,643 |
| Dec 2023 | 0 | 7,257 | 71.26 | 2.61 | $18,946 |
| Nov 2023 | 0 | 7,157 | 77.89 | 2.81 | $20,094 |
| Oct 2023 | 0 | 7,513 | 85.44 | 3.09 | $23,195 |
| Sep 2023 | 0 | 7,161 | 89.04 | 2.74 | $19,586 |
| Aug 2023 | 0 | 7,539 | 80.52 | 2.67 | $20,151 |
| Jul 2023 | 0 | 7,783 | 74.85 | 2.64 | $20,561 |
| Jun 2023 | 0 | 8,009 | 68.96 | 2.26 | $18,088 |
| May 2023 | 0 | 8,344 | 70.62 | 2.23 | $18,585 |
| Apr 2023 | 0 | 8,033 | 78.12 | 2.24 | $17,976 |
| Mar 2023 | 0 | 8,481 | 72.85 | 2.39 | $20,296 |
| Feb 2023 | 0 | 7,316 | 75.11 | 2.47 | $18,039 |
| Jan 2023 | 0 | 8,261 | 76.53 | 3.39 | $27,986 |
| Dec 2022 | 0 | 8,184 | 76.41 | 5.73 | $46,887 |
| Nov 2022 | 0 | 8,031 | 85.00 | 5.65 | $45,345 |
| Oct 2022 | 0 | 8,555 | 87.18 | 5.86 | $50,164 |
| Sep 2022 | 0 | 8,372 | 84.88 | 8.16 | $68,346 |
| Aug 2022 | 0 | 8,514 | 94.52 | 9.13 | $77,709 |
| Jul 2022 | 0 | 8,564 | 101.58 | 7.54 | $64,590 |
| Jun 2022 | 0 | 8,549 | 115.09 | 7.98 | $68,197 |
| May 2022 | 0 | 8,711 | 109.37 | 8.43 | $73,460 |
| Apr 2022 | 0 | 8,343 | 104.22 | 6.84 | $57,046 |
| Mar 2022 | 0 | 8,916 | 108.88 | 5.08 | $45,261 |
| Feb 2022 | 0 | 8,071 | 91.05 | 4.86 | $39,216 |
| Jan 2022 | 0 | 8,836 | 81.84 | 4.54 | $40,095 |
| Dec 2021 | 0 | 8,989 | 71.32 | 3.90 | $35,049 |
| Nov 2021 | 0 | 8,675 | 77.43 | 5.24 | $45,430 |
| Oct 2021 | 0 | 9,142 | 79.79 | 5.71 | $52,236 |
| Sep 2021 | 0 | 8,557 | 69.86 | 5.35 | $45,788 |
| Aug 2021 | 0 | 9,154 | 66.02 | 4.22 | $38,635 |
| Jul 2021 | 0 | 9,370 | 70.78 | 3.98 | $37,312 |
| Jun 2021 | 0 | 9,103 | 69.49 | 3.38 | $30,774 |
| May 2021 | 0 | 9,434 | 63.48 | 3.02 | $28,469 |
| Apr 2021 | 0 | 9,365 | 60.36 | 2.76 | $25,833 |
| Mar 2021 | 0 | 9,167 | 61.30 | 2.72 | $24,906 |
| Feb 2021 | 0 | 8,850 | 57.80 | 5.55 | $49,099 |
| Jan 2021 | 0 | 9,187 | 50.41 | 2.81 | $25,818 |
| Dec 2020 | 0 | 9,387 | 44.64 | 2.68 | $25,115 |
| Nov 2020 | 0 | 9,332 | 38.77 | 2.71 | $25,258 |
| Oct 2020 | 0 | 9,646 | 36.97 | 2.48 | $23,907 |
| Sep 2020 | 0 | 9,408 | 37.09 | 1.99 | $18,732 |
| Aug 2020 | 0 | 9,865 | 39.98 | 2.39 | $23,529 |
| Jul 2020 | 0 | 10,075 | 38.37 | 1.83 | $18,388 |
| Jun 2020 | 0 | 9,901 | 34.90 | 1.69 | $16,736 |
| May 2020 | 0 | 10,101 | 16.92 | 1.81 | $18,331 |
| Apr 2020 | 0 | 9,753 | 14.75 | 1.80 | $17,598 |
| Mar 2020 | 0 | 9,864 | 30.34 | 1.86 | $18,310 |
| Feb 2020 | 0 | 9,390 | 49.88 | 1.98 | $18,598 |
| Jan 2020 | 0 | 10,227 | 57.25 | 2.09 | $21,423 |
| Dec 2019 | 0 | 10,294 | 59.01 | 2.30 | $23,721 |
| Nov 2019 | 0 | 10,080 | 55.30 | 2.75 | $27,727 |
| Oct 2019 | 0 | 10,992 | 53.47 | 2.42 | $26,585 |
| Sep 2019 | 0 | 10,648 | 55.05 | 2.66 | $28,295 |
| Aug 2019 | 0 | 10,656 | 53.11 | 2.30 | $24,555 |
| Jul 2019 | 0 | 10,710 | 56.27 | 2.46 | $26,347 |
| Jun 2019 | 8 | 10,845 | 52.78 | 2.49 | $27,439 |
| May 2019 | 11 | 11,307 | 58.48 | 2.74 | $31,628 |
| Apr 2019 | 9 | 10,916 | 62.63 | 2.75 | $30,590 |
| Mar 2019 | 0 | 11,358 | 56.80 | 3.06 | $34,779 |
| Feb 2019 | 0 | 10,198 | 50.85 | 2.79 | $28,475 |
| Jan 2019 | 0 | 11,380 | 46.03 | 3.23 | $36,737 |
| Dec 2018 | 8 | 11,498 | 46.59 | 4.19 | $48,497 |
| Nov 2018 | 0 | 11,660 | 52.93 | 4.24 | $49,406 |
| Oct 2018 | 2 | 12,209 | 61.44 | 3.40 | $41,610 |
| Sep 2018 | 0 | 11,686 | 59.54 | 3.11 | $36,320 |
| Aug 2018 | 0 | 11,738 | 59.40 | 3.07 | $35,995 |
| Jul 2018 | 0 | 12,201 | 65.14 | 2.93 | $35,772 |
| Jun 2018 | 0 | 11,902 | 60.18 | 3.08 | $36,622 |
| May 2018 | 0 | 12,982 | 65.38 | 2.90 | $37,658 |
| Apr 2018 | 0 | 13,629 | 63.84 | 2.90 | $39,535 |
| Mar 2018 | 0 | 13,829 | 61.22 | 2.79 | $38,539 |
| Feb 2018 | 0 | 11,722 | 61.78 | 2.77 | $32,424 |
| Jan 2018 | 0 | 13,245 | 62.87 | 4.01 | $53,103 |
| Dec 2017 | 0 | 13,105 | 57.27 | 2.92 | $38,287 |
| Nov 2017 | 0 | 12,424 | 55.42 | 3.12 | $38,743 |
| Oct 2017 | 2 | 13,337 | 49.29 | 2.98 | $39,892 |
| Sep 2017 | 0 | 13,363 | 47.52 | 3.09 | $41,255 |
| Aug 2017 | 0 | 13,439 | 45.37 | 3.00 | $40,376 |
| Jul 2017 | 0 | 13,169 | 43.87 | 3.09 | $40,656 |
| Jun 2017 | 1 | 13,205 | 42.49 | 3.09 | $40,810 |
| May 2017 | 0 | 13,726 | 45.37 | 3.26 | $44,793 |
| Apr 2017 | 0 | 13,153 | 47.93 | 3.21 | $42,242 |
| Mar 2017 | 0 | 13,194 | 46.77 | 2.98 | $39,367 |
| Feb 2017 | 0 | 11,710 | 50.45 | 2.95 | $34,575 |
| Jan 2017 | 0 | 12,991 | 49.41 | 3.42 | $44,414 |
| Dec 2016 | 0 | 12,505 | 48.76 | 3.72 | $46,554 |
| Nov 2016 | 0 | 12,845 | 42.49 | 2.64 | $33,967 |
| Oct 2016 | 0 | 13,665 | 46.19 | 3.09 | $42,228 |
| Sep 2016 | 0 | 15,141 | 41.55 | 3.10 | $46,947 |
| Aug 2016 | 4 | 15,932 | 41.44 | 2.92 | $46,756 |
| Jul 2016 | 4 | 15,854 | 41.62 | 2.92 | $46,529 |
| Jun 2016 | 0 | 15,560 | 45.35 | 2.69 | $41,792 |
| May 2016 | 0 | 15,990 | 42.52 | 1.99 | $31,837 |
| Apr 2016 | 0 | 15,244 | 36.56 | 1.99 | $30,351 |
| Mar 2016 | 0 | 16,038 | 33.01 | 1.79 | $28,772 |
| Feb 2016 | 0 | 15,756 | 26.47 | 2.06 | $32,515 |
| Jan 2016 | 0 | 16,523 | 27.35 | 2.36 | $39,066 |
| Dec 2015 | 0 | 16,375 | 32.36 | 2.00 | $32,773 |
| Nov 2015 | 0 | 15,999 | 38.79 | 2.17 | $34,675 |
| Oct 2015 | 0 | 17,097 | 43.55 | 2.43 | $41,487 |
| Sep 2015 | 0 | 17,125 | 42.99 | 2.76 | $47,238 |
| Aug 2015 | 0 | 17,550 | 40.16 | 2.87 | $50,412 |
| Jul 2015 | 0 | 17,963 | 48.15 | 2.95 | $52,902 |
| Jun 2015 | 0 | 17,723 | 56.15 | 2.88 | $51,093 |
| May 2015 | 0 | 17,893 | 55.21 | 2.96 | $52,882 |
| Apr 2015 | 0 | 17,608 | 49.82 | 2.71 | $47,657 |
| Mar 2015 | 0 | 17,937 | 42.89 | 2.93 | $52,640 |
| Feb 2015 | 0 | 15,908 | 44.66 | 2.98 | $47,345 |
| Jan 2015 | 0 | 17,702 | 43.43 | 3.10 | $54,887 |
| Dec 2014 | 0 | 18,309 | 54.69 | 3.59 | $65,754 |
| Nov 2014 | 0 | 18,484 | 70.46 | 4.25 | $78,591 |
| Oct 2014 | 0 | 19,197 | 78.30 | 3.90 | $74,887 |
| Sep 2014 | 0 | 19,029 | 86.16 | 4.05 | $76,981 |
| Aug 2014 | 0 | 19,539 | 89.39 | 4.04 | $78,842 |
| Jul 2014 | 0 | 19,340 | 96.56 | 4.18 | $80,833 |
| Jun 2014 | 0 | 19,307 | 98.16 | 4.74 | $91,455 |
| May 2014 | 0 | 20,790 | 94.73 | 4.73 | $98,265 |
| Apr 2014 | 0 | 20,803 | 95.94 | 4.81 | $100,044 |
| Mar 2014 | 0 | 18,839 | 95.89 | 5.06 | $95,265 |
| Feb 2014 | 0 | 6,554 | 97.40 | 6.19 | $40,582 |
| Jan 2014 | 0 | 12,085 | 90.40 | 4.86 | $58,742 |
| Dec 2013 | 0 | 12,227 | 91.82 | 4.35 | $53,242 |
| Nov 2013 | 17 | 14,488 | 88.85 | 3.74 | $55,671 |
| Oct 2013 | 0 | 19,707 | 97.42 | 3.78 | $74,480 |
| Sep 2013 | 0 | 18,883 | 104.11 | 3.72 | $70,202 |
| Aug 2013 | 0 | 18,460 | 104.25 | 3.52 | $65,027 |
| Jul 2013 | 0 | 20,586 | 102.52 | 3.72 | $76,533 |
| Jun 2013 | 0 | 19,836 | 94.40 | 3.93 | $78,023 |
| May 2013 | 0 | 21,104 | 94.83 | 4.15 | $87,562 |
| Apr 2013 | 0 | 19,431 | 93.96 | 4.28 | $83,215 |
| Mar 2013 | 0 | 19,940 | 93.62 | 3.91 | $78,023 |
| Feb 2013 | 0 | 18,074 | 91.23 | 3.42 | $61,811 |
| Jan 2013 | 0 | 20,924 | 91.60 | 3.42 | $71,558 |
| Dec 2012 | 0 | 21,547 | 86.77 | 3.42 | $73,694 |
| Nov 2012 | 0 | 20,380 | 86.95 | 3.62 | $73,877 |
| Oct 2012 | 0 | 21,032 | 89.38 | 3.40 | $71,502 |
| Sep 2012 | 0 | 20,891 | 94.67 | 2.92 | $60,968 |
| Aug 2012 | 0 | 22,257 | 92.66 | 2.91 | $64,727 |
| Jul 2012 | 0 | 21,892 | 85.13 | 3.02 | $66,131 |
| Jun 2012 | 0 | 20,687 | 79.82 | 2.52 | $52,111 |
| May 2012 | 0 | 19,955 | 91.61 | 2.49 | $49,654 |
| Apr 2012 | 0 | 19,773 | 101.65 | 2.00 | $39,483 |
| Mar 2012 | 0 | 21,925 | 105.05 | 2.22 | $48,719 |
| Feb 2012 | 0 | 20,531 | 101.10 | 2.57 | $52,770 |
| Jan 2012 | 2 | 21,679 | 98.09 | 2.73 | $59,468 |
| Dec 2011 | 11 | 20,561 | 96.87 | 3.24 | $67,678 |
| Nov 2011 | 0 | 17,147 | 95.72 | 3.31 | $56,779 |
| Oct 2011 | 0 | 20,635 | 84.98 | 3.65 | $75,288 |
| Sep 2011 | 0 | 31,120 | 83.62 | 3.99 | $124,038 |
| Aug 2011 | 0 | 32,595 | 83.40 | 4.15 | $135,247 |
| Jul 2011 | 0 | 32,833 | 94.14 | 4.52 | $148,315 |
| Jun 2011 | 0 | 31,202 | 92.90 | 4.64 | $144,774 |
| May 2011 | 0 | 32,100 | 98.13 | 4.40 | $141,395 |
| Apr 2011 | 0 | 24,256 | 105.96 | 4.33 | $105,108 |
| Mar 2011 | 0 | 25,473 | 96.36 | 4.06 | $103,353 |
| Feb 2011 | 7 | 25,380 | 85.64 | 4.18 | $106,687 |
| Jan 2011 | 0 | 29,433 | 86.50 | 4.59 | $135,062 |
| Dec 2010 | 2 | 31,996 | 85.73 | 4.35 | $139,282 |
| Nov 2010 | 0 | 33,459 | 80.84 | 3.80 | $126,988 |
| Oct 2010 | 12 | 35,847 | 78.10 | 3.51 | $126,720 |
| Sep 2010 | 0 | 35,290 | 72.63 | 3.98 | $140,436 |
| Aug 2010 | 2 | 36,396 | 73.68 | 4.42 | $160,994 |
| Jul 2010 | 0 | 38,532 | 72.55 | 4.74 | $182,506 |
| Jun 2010 | 11 | 38,973 | 70.36 | 4.91 | $192,147 |
| May 2010 | 7 | 41,525 | 71.12 | 4.24 | $176,365 |
| Apr 2010 | 0 | 42,100 | 81.69 | 4.12 | $173,565 |
| Mar 2010 | 3 | 43,920 | 78.39 | 4.39 | $192,986 |
| Feb 2010 | 0 | 41,332 | 73.58 | 5.44 | $224,944 |
| Jan 2010 | 0 | 0 | 74.36 | 5.96 | $0 |
| Dec 2009 | 0 | 21,828 | 71.44 | 5.48 | $119,699 |
| Nov 2009 | 0 | 0 | 74.59 | 3.75 | $0 |
| Oct 2009 | 0 | 0 | 72.54 | 4.11 | $0 |
| Sep 2009 | 0 | 0 | 65.54 | 3.06 | $0 |
| Aug 2009 | 0 | 37,534 | 67.42 | 3.22 | $120,803 |
| Jul 2009 | 0 | 40,047 | 61.13 | 3.46 | $138,743 |
| Jun 2009 | 0 | 38,043 | 66.16 | 3.90 | $148,177 |
| May 2009 | 0 | 40,731 | 54.74 | 3.93 | $159,900 |
| Apr 2009 | 0 | 40,919 | 46.77 | 3.59 | $146,797 |
| Mar 2009 | 0 | 44,005 | 42.14 | 4.06 | $178,616 |
| Feb 2009 | 0 | 41,208 | 32.81 | 4.63 | $190,917 |
| Jan 2009 | 62 | 47,376 | 35.86 | 5.37 | $256,680 |
| Dec 2008 | 0 | 49,191 | 37.10 | 5.98 | $294,021 |
| Nov 2008 | 0 | 49,874 | 55.49 | 6.86 | $342,154 |
| Oct 2008 | 0 | 57,616 | 75.24 | 6.92 | $398,817 |
| Sep 2008 | 0 | 61,172 | 101.76 | 7.88 | $481,857 |
| Aug 2008 | 52 | 69,363 | 114.22 | 8.48 | $594,347 |
| Jul 2008 | 0 | 77,387 | 131.08 | 11.39 | $881,394 |
| Jun 2008 | 42 | 74,051 | 131.33 | 13.03 | $970,595 |
| May 2008 | 0 | 62,976 | 123.17 | 11.57 | $728,902 |
| Apr 2008 | 0 | 0 | 110.31 | 10.45 | $0 |
| Mar 2008 | 0 | 0 | 101.90 | 9.66 | $0 |
| Feb 2008 | 0 | 0 | 92.53 | 8.77 | $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 7,055 Mcf × $ 3.05 = $21,488 ──────────────────────────────────────────────────── Month total $21,488
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/238998 is the state's own key, not one this site invented.