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
$16.6 M
Apr 2008 – May 2026
Value, last 12 filed months
$175 k
at the published price for each month
Months reported
218
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 | 354 bbl | $29,367 |
| Gas | Production | 3,758,065 Mcf | $16,616,586 |
| Total | $16,645,953 | ||
Every month this lease reported (218)
Volume × price = value, one row per cycle. The price columns are the same series published on the prices page — nothing here is modelled.
218 months
| May 2026 | 0 | 1,363 | 106.41 | 3.05 | $4,151 |
| Apr 2026 | 0 | 1,882 | 98.93 | 2.87 | $5,401 |
| Mar 2026 | 0 | 2,573 | 89.75 | 3.15 | $8,104 |
| Feb 2026 | 0 | 2,871 | 63.50 | 3.75 | $10,767 |
| Jan 2026 | 0 | 3,754 | 59.13 | 8.00 | $30,024 |
| Dec 2025 | 0 | 4,598 | 56.66 | 4.41 | $20,293 |
| Nov 2025 | 0 | 5,043 | 58.59 | 3.93 | $19,801 |
| Oct 2025 | 0 | 5,182 | 59.38 | 3.30 | $17,126 |
| Sep 2025 | 0 | 4,964 | 62.74 | 3.08 | $15,274 |
| Aug 2025 | 0 | 5,109 | 63.93 | 3.01 | $15,402 |
| Jul 2025 | 0 | 4,960 | 66.74 | 3.32 | $16,443 |
| Jun 2025 | 0 | 3,940 | 66.48 | 3.13 | $12,327 |
| May 2025 | 0 | 3,575 | 60.55 | 3.23 | $11,556 |
| Apr 2025 | 0 | 4,153 | 62.36 | 3.54 | $14,715 |
| Mar 2025 | 0 | 4,807 | 67.70 | 4.27 | $20,518 |
| Feb 2025 | 0 | 4,002 | 70.88 | 4.34 | $17,372 |
| Jan 2025 | 0 | 4,262 | 74.32 | 4.28 | $18,236 |
| Dec 2024 | 0 | 4,711 | 68.99 | 3.12 | $14,705 |
| Nov 2024 | 0 | 4,914 | 69.05 | 2.20 | $10,803 |
| Oct 2024 | 0 | 5,327 | 71.37 | 2.28 | $12,153 |
| Sep 2024 | 0 | 4,573 | 69.61 | 2.36 | $10,812 |
| Aug 2024 | 0 | 4,948 | 75.63 | 2.06 | $10,211 |
| Jul 2024 | 0 | 4,476 | 79.93 | 2.15 | $9,608 |
| Jun 2024 | 0 | 5,178 | 78.08 | 2.63 | $13,639 |
| May 2024 | 0 | 5,104 | 78.81 | 2.20 | $11,221 |
| Apr 2024 | 0 | 4,864 | 84.45 | 1.66 | $8,070 |
| Mar 2024 | 0 | 5,104 | 80.30 | 1.55 | $7,886 |
| Feb 2024 | 0 | 4,696 | 76.09 | 1.78 | $8,376 |
| Jan 2024 | 0 | 5,313 | 73.02 | 3.30 | $17,520 |
| Dec 2023 | 0 | 4,811 | 71.26 | 2.61 | $12,560 |
| Nov 2023 | 0 | 4,737 | 77.89 | 2.81 | $13,299 |
| Oct 2023 | 0 | 4,997 | 85.44 | 3.09 | $15,427 |
| Sep 2023 | 0 | 4,881 | 89.04 | 2.74 | $13,350 |
| Aug 2023 | 0 | 5,305 | 80.52 | 2.67 | $14,180 |
| Jul 2023 | 0 | 4,998 | 74.85 | 2.64 | $13,204 |
| Jun 2023 | 0 | 5,320 | 68.96 | 2.26 | $12,015 |
| May 2023 | 0 | 5,766 | 70.62 | 2.23 | $12,843 |
| Apr 2023 | 0 | 5,279 | 78.12 | 2.24 | $11,813 |
| Mar 2023 | 0 | 5,273 | 72.85 | 2.39 | $12,619 |
| Feb 2023 | 0 | 4,627 | 75.11 | 2.47 | $11,409 |
| Jan 2023 | 0 | 5,867 | 76.53 | 3.39 | $19,876 |
| Dec 2022 | 0 | 5,413 | 76.41 | 5.73 | $31,012 |
| Nov 2022 | 0 | 5,536 | 85.00 | 5.65 | $31,257 |
| Oct 2022 | 0 | 5,834 | 87.18 | 5.86 | $34,209 |
| Sep 2022 | 0 | 5,493 | 84.88 | 8.16 | $44,843 |
| Aug 2022 | 0 | 5,629 | 94.52 | 9.13 | $51,377 |
| Jul 2022 | 0 | 5,592 | 101.58 | 7.54 | $42,175 |
| Jun 2022 | 0 | 5,580 | 115.09 | 7.98 | $44,513 |
| May 2022 | 0 | 5,765 | 109.37 | 8.43 | $48,616 |
| Apr 2022 | 0 | 5,623 | 104.22 | 6.84 | $38,448 |
| Mar 2022 | 0 | 6,088 | 108.88 | 5.08 | $30,905 |
| Feb 2022 | 0 | 5,453 | 91.05 | 4.86 | $26,495 |
| Jan 2022 | 0 | 6,363 | 81.84 | 4.54 | $28,873 |
| Dec 2021 | 0 | 6,361 | 71.32 | 3.90 | $24,802 |
| Nov 2021 | 0 | 6,074 | 77.43 | 5.24 | $31,809 |
| Oct 2021 | 0 | 6,797 | 79.79 | 5.71 | $38,837 |
| Sep 2021 | 0 | 6,453 | 69.86 | 5.35 | $34,529 |
| Aug 2021 | 0 | 6,898 | 66.02 | 4.22 | $29,114 |
| Jul 2021 | 0 | 7,032 | 70.78 | 3.98 | $28,002 |
| Jun 2021 | 0 | 6,929 | 69.49 | 3.38 | $23,424 |
| May 2021 | 0 | 7,196 | 63.48 | 3.02 | $21,715 |
| Apr 2021 | 0 | 7,289 | 60.36 | 2.76 | $20,106 |
| Mar 2021 | 0 | 7,501 | 61.30 | 2.72 | $20,380 |
| Feb 2021 | 0 | 6,928 | 57.80 | 5.55 | $38,436 |
| Jan 2021 | 0 | 7,333 | 50.41 | 2.81 | $20,608 |
| Dec 2020 | 0 | 7,628 | 44.64 | 2.68 | $20,408 |
| Nov 2020 | 0 | 7,601 | 38.77 | 2.71 | $20,573 |
| Oct 2020 | 0 | 7,828 | 36.97 | 2.48 | $19,401 |
| Sep 2020 | 0 | 7,510 | 37.09 | 1.99 | $14,953 |
| Aug 2020 | 0 | 8,027 | 39.98 | 2.39 | $19,145 |
| Jul 2020 | 0 | 8,593 | 38.37 | 1.83 | $15,683 |
| Jun 2020 | 0 | 8,345 | 34.90 | 1.69 | $14,106 |
| May 2020 | 0 | 8,430 | 16.92 | 1.81 | $15,298 |
| Apr 2020 | 0 | 8,102 | 14.75 | 1.80 | $14,619 |
| Mar 2020 | 0 | 8,312 | 30.34 | 1.86 | $15,429 |
| Feb 2020 | 0 | 8,012 | 49.88 | 1.98 | $15,869 |
| Jan 2020 | 0 | 8,956 | 57.25 | 2.09 | $18,760 |
| Dec 2019 | 0 | 9,249 | 59.01 | 2.30 | $21,313 |
| Nov 2019 | 0 | 9,844 | 55.30 | 2.75 | $27,078 |
| Oct 2019 | 0 | 6,078 | 53.47 | 2.42 | $14,700 |
| Sep 2019 | 0 | 7,777 | 55.05 | 2.66 | $20,666 |
| Aug 2019 | 0 | 7,376 | 53.11 | 2.30 | $16,997 |
| Jul 2019 | 0 | 7,879 | 56.27 | 2.46 | $19,383 |
| Jun 2019 | 0 | 9,882 | 52.78 | 2.49 | $24,618 |
| May 2019 | 0 | 11,382 | 58.48 | 2.74 | $31,190 |
| Apr 2019 | 0 | 11,222 | 62.63 | 2.75 | $30,868 |
| Mar 2019 | 0 | 11,971 | 56.80 | 3.06 | $36,656 |
| Feb 2019 | 0 | 10,786 | 50.85 | 2.79 | $30,117 |
| Jan 2019 | 0 | 12,148 | 46.03 | 3.23 | $39,216 |
| Dec 2018 | 0 | 11,967 | 46.59 | 4.19 | $50,087 |
| Nov 2018 | 0 | 11,685 | 52.93 | 4.24 | $49,512 |
| Oct 2018 | 0 | 12,377 | 61.44 | 3.40 | $42,058 |
| Sep 2018 | 0 | 12,144 | 59.54 | 3.11 | $37,744 |
| Aug 2018 | 0 | 12,887 | 59.40 | 3.07 | $39,519 |
| Jul 2018 | 0 | 14,020 | 65.14 | 2.93 | $41,105 |
| Jun 2018 | 0 | 14,034 | 60.18 | 3.08 | $43,182 |
| May 2018 | 0 | 16,272 | 65.38 | 2.90 | $47,202 |
| Apr 2018 | 0 | 15,944 | 63.84 | 2.90 | $46,250 |
| Mar 2018 | 0 | 16,437 | 61.22 | 2.79 | $45,807 |
| Feb 2018 | 0 | 14,602 | 61.78 | 2.77 | $40,391 |
| Jan 2018 | 0 | 16,685 | 62.87 | 4.01 | $66,896 |
| Dec 2017 | 0 | 16,586 | 57.27 | 2.92 | $48,456 |
| Nov 2017 | 0 | 16,250 | 55.42 | 3.12 | $50,673 |
| Oct 2017 | 0 | 17,402 | 49.29 | 2.98 | $51,922 |
| Sep 2017 | 0 | 17,711 | 47.52 | 3.09 | $54,679 |
| Aug 2017 | 0 | 18,330 | 45.37 | 3.00 | $55,071 |
| Jul 2017 | 0 | 17,772 | 43.87 | 3.09 | $54,867 |
| Jun 2017 | 0 | 17,574 | 42.49 | 3.09 | $54,256 |
| May 2017 | 0 | 18,346 | 45.37 | 3.26 | $59,870 |
| Apr 2017 | 0 | 18,562 | 47.93 | 3.21 | $59,614 |
| Mar 2017 | 0 | 19,433 | 46.77 | 2.98 | $57,982 |
| Feb 2017 | 0 | 16,359 | 50.45 | 2.95 | $48,302 |
| Jan 2017 | 0 | 17,967 | 49.41 | 3.42 | $61,426 |
| Dec 2016 | 0 | 16,974 | 48.76 | 3.72 | $63,191 |
| Nov 2016 | 0 | 15,080 | 42.49 | 2.64 | $39,877 |
| Oct 2016 | 0 | 16,262 | 46.19 | 3.09 | $50,254 |
| Sep 2016 | 0 | 15,279 | 41.55 | 3.10 | $47,375 |
| Aug 2016 | 4 | 16,221 | 41.44 | 2.92 | $47,601 |
| Jul 2016 | 4 | 16,436 | 41.62 | 2.92 | $48,231 |
| Jun 2016 | 4 | 17,287 | 45.35 | 2.69 | $46,611 |
| May 2016 | 4 | 19,703 | 42.52 | 1.99 | $39,400 |
| Apr 2016 | 4 | 20,375 | 36.56 | 1.99 | $40,714 |
| Mar 2016 | 4 | 20,983 | 33.01 | 1.79 | $37,776 |
| Feb 2016 | 2 | 19,820 | 26.47 | 2.06 | $40,954 |
| Jan 2016 | 0 | 7,302 | 27.35 | 2.36 | $17,265 |
| Dec 2015 | 0 | 19,325 | 32.36 | 2.00 | $38,677 |
| Nov 2015 | 0 | 21,233 | 38.79 | 2.17 | $46,019 |
| Oct 2015 | 0 | 16,874 | 43.55 | 2.43 | $40,946 |
| Sep 2015 | 0 | 16,980 | 42.99 | 2.76 | $46,838 |
| Aug 2015 | 0 | 19,384 | 40.16 | 2.87 | $55,680 |
| Jul 2015 | 0 | 23,164 | 48.15 | 2.95 | $68,220 |
| Jun 2015 | 0 | 22,052 | 56.15 | 2.88 | $63,573 |
| May 2015 | 0 | 22,973 | 55.21 | 2.96 | $67,896 |
| Apr 2015 | 0 | 21,459 | 49.82 | 2.71 | $58,080 |
| Mar 2015 | 0 | 23,767 | 42.89 | 2.93 | $69,749 |
| Feb 2015 | 0 | 19,940 | 44.66 | 2.98 | $59,345 |
| Jan 2015 | 0 | 23,846 | 43.43 | 3.10 | $73,938 |
| Dec 2014 | 0 | 19,794 | 54.69 | 3.59 | $71,087 |
| Nov 2014 | 0 | 23,377 | 70.46 | 4.25 | $99,395 |
| Oct 2014 | 0 | 24,852 | 78.30 | 3.90 | $96,947 |
| Sep 2014 | 0 | 24,490 | 86.16 | 4.05 | $99,073 |
| Aug 2014 | 0 | 23,097 | 89.39 | 4.04 | $93,199 |
| Jul 2014 | 0 | 23,922 | 96.56 | 4.18 | $99,984 |
| Jun 2014 | 0 | 22,052 | 98.16 | 4.74 | $104,458 |
| May 2014 | 0 | 22,058 | 94.73 | 4.73 | $104,258 |
| Apr 2014 | 0 | 21,580 | 95.94 | 4.81 | $103,781 |
| Mar 2014 | 0 | 23,008 | 95.89 | 5.06 | $116,347 |
| Feb 2014 | 0 | 21,124 | 97.40 | 6.19 | $130,800 |
| Jan 2014 | 0 | 22,531 | 90.40 | 4.86 | $109,517 |
| Dec 2013 | 0 | 21,178 | 91.82 | 4.35 | $92,219 |
| Nov 2013 | 28 | 20,590 | 88.85 | 3.74 | $79,459 |
| Oct 2013 | 0 | 22,371 | 97.42 | 3.78 | $84,548 |
| Sep 2013 | 0 | 14,967 | 104.11 | 3.72 | $55,643 |
| Aug 2013 | 0 | 27,962 | 104.25 | 3.52 | $98,499 |
| Jul 2013 | 0 | 27,667 | 102.52 | 3.72 | $102,859 |
| Jun 2013 | 0 | 25,779 | 94.40 | 3.93 | $101,399 |
| May 2013 | 0 | 26,564 | 94.83 | 4.15 | $110,216 |
| Apr 2013 | 0 | 26,394 | 93.96 | 4.28 | $113,035 |
| Mar 2013 | 0 | 29,146 | 93.62 | 3.91 | $114,045 |
| Feb 2013 | 0 | 27,071 | 91.23 | 3.42 | $92,580 |
| Jan 2013 | 0 | 28,146 | 91.60 | 3.42 | $96,257 |
| Dec 2012 | 0 | 29,303 | 86.77 | 3.42 | $100,221 |
| Nov 2012 | 0 | 25,881 | 86.95 | 3.62 | $93,818 |
| Oct 2012 | 0 | 24,642 | 89.38 | 3.40 | $83,775 |
| Sep 2012 | 0 | 23,073 | 94.67 | 2.92 | $67,336 |
| Aug 2012 | 0 | 23,806 | 92.66 | 2.91 | $69,232 |
| Jul 2012 | 0 | 25,464 | 85.13 | 3.02 | $76,922 |
| Jun 2012 | 0 | 23,100 | 79.82 | 2.52 | $58,190 |
| May 2012 | 0 | 29,478 | 91.61 | 2.49 | $73,351 |
| Apr 2012 | 0 | 29,109 | 101.65 | 2.00 | $58,125 |
| Mar 2012 | 0 | 29,182 | 105.05 | 2.22 | $64,845 |
| Feb 2012 | 0 | 24,411 | 101.10 | 2.57 | $62,742 |
| Jan 2012 | 23 | 24,417 | 98.09 | 2.73 | $69,014 |
| Dec 2011 | 0 | 25,608 | 96.87 | 3.24 | $82,963 |
| Nov 2011 | 0 | 24,261 | 95.72 | 3.31 | $80,335 |
| Oct 2011 | 0 | 26,882 | 84.98 | 3.65 | $98,080 |
| Sep 2011 | 0 | 30,072 | 83.62 | 3.99 | $119,861 |
| Aug 2011 | 0 | 34,334 | 83.40 | 4.15 | $142,463 |
| Jul 2011 | 0 | 37,725 | 94.14 | 4.52 | $170,413 |
| Jun 2011 | 0 | 34,870 | 92.90 | 4.64 | $161,793 |
| May 2011 | 0 | 37,911 | 98.13 | 4.40 | $166,991 |
| Apr 2011 | 0 | 38,619 | 105.96 | 4.33 | $167,347 |
| Mar 2011 | 0 | 38,827 | 96.36 | 4.06 | $157,534 |
| Feb 2011 | 0 | 30,511 | 85.64 | 4.18 | $127,535 |
| Jan 2011 | 0 | 31,508 | 86.50 | 4.59 | $144,583 |
| Dec 2010 | 0 | 33,529 | 85.73 | 4.35 | $145,776 |
| Nov 2010 | 0 | 32,352 | 80.84 | 3.80 | $122,787 |
| Oct 2010 | 36 | 37,121 | 78.10 | 3.51 | $133,065 |
| Sep 2010 | 0 | 31,735 | 72.63 | 3.98 | $126,288 |
| Aug 2010 | 39 | 32,829 | 73.68 | 4.42 | $147,957 |
| Jul 2010 | 0 | 31,967 | 72.55 | 4.74 | $151,411 |
| Jun 2010 | 0 | 32,576 | 70.36 | 4.91 | $159,961 |
| May 2010 | 0 | 33,846 | 71.12 | 4.24 | $143,345 |
| Apr 2010 | 0 | 33,083 | 81.69 | 4.12 | $136,391 |
| Mar 2010 | 32 | 34,203 | 78.39 | 4.39 | $152,614 |
| Feb 2010 | 0 | 27,174 | 73.58 | 5.44 | $147,891 |
| Jan 2010 | 0 | 0 | 74.36 | 5.96 | $0 |
| Dec 2009 | 0 | 2,926 | 71.44 | 5.48 | $16,045 |
| Nov 2009 | 0 | 0 | 74.59 | 3.75 | $0 |
| Oct 2009 | 0 | 0 | 72.54 | 4.11 | $0 |
| Sep 2009 | 0 | 4 | 65.54 | 3.06 | $12 |
| Aug 2009 | 0 | 26,369 | 67.42 | 3.22 | $84,869 |
| Jul 2009 | 0 | 3,972 | 61.13 | 3.46 | $13,761 |
| Jun 2009 | 0 | 24,721 | 66.16 | 3.90 | $96,288 |
| May 2009 | 0 | 14,918 | 54.74 | 3.93 | $58,564 |
| Apr 2009 | 0 | 843 | 46.77 | 3.59 | $3,024 |
| Mar 2009 | 0 | 20,157 | 42.14 | 4.06 | $81,817 |
| Feb 2009 | 0 | 48,561 | 32.81 | 4.63 | $224,983 |
| Jan 2009 | 62 | 46,465 | 35.86 | 5.37 | $251,787 |
| Dec 2008 | 0 | 57,571 | 37.10 | 5.98 | $344,110 |
| Nov 2008 | 0 | 58,620 | 55.49 | 6.86 | $402,154 |
| Oct 2008 | 0 | 63,647 | 75.24 | 6.92 | $440,563 |
| Sep 2008 | 0 | 66,440 | 101.76 | 7.88 | $523,354 |
| Aug 2008 | 58 | 76,563 | 114.22 | 8.48 | $656,110 |
| Jul 2008 | 0 | 88,797 | 131.08 | 11.39 | $1,011,347 |
| Jun 2008 | 50 | 86,399 | 131.33 | 13.03 | $1,132,573 |
| May 2008 | 0 | 51,693 | 123.17 | 11.57 | $598,310 |
| Apr 2008 | 0 | 0 | 110.31 | 10.45 | $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 1,363 Mcf × $ 3.05 = $4,151 ──────────────────────────────────────────────────── Month total $4,151
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/239011 is the state's own key, not one this site invented.