COLE TRUSTS 576 "A"

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 240531District 09Field 652802002 tax incentive programmesGasSaveExport
Value, all time
$9.2 M
May 2007 – May 2026
Value, last 12 filed months
$181 k
at the published price for each month
Months reported
229
no gaps in the span
Streams
1
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 Gas112009-01-13188048
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
GasProduction1,953,360 Mcf$9,159,834
Total$9,159,834

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 33.1782, -97.2037. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

33.17816, -97.20375 · 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
8,399 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 8,399 ft.

Completions filed
Jan 2019
1 of 1 wells

1 well

42-1213294621H8,399 ftJan 2019

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 20264,148106.413.05$12,634
Apr 20263,90198.932.87$11,195
Mar 20264,51589.753.15$14,220
Feb 20264,00263.503.75$15,009
Jan 20263,38959.138.00$27,105
Dec 20254,07456.664.41$17,980
Nov 20254,46558.593.93$17,532
Oct 20254,07459.383.30$13,464
Sep 20253,81262.743.08$11,729
Aug 20254,17163.933.01$12,575
Jul 20254,40866.743.32$14,613
Jun 20254,23266.483.13$13,241
May 20253,90160.553.23$12,609
Apr 20254,90762.363.54$17,386
Mar 20254,84567.704.27$20,680
Feb 20253,96370.884.34$17,203
Jan 20254,56874.324.28$19,545
Dec 20244,58468.993.12$14,308
Nov 20244,48069.052.20$9,849
Oct 20244,76071.372.28$10,859
Sep 20244,58969.612.36$10,850
Aug 20245,41875.632.06$11,181
Jul 20245,53179.932.15$11,873
Jun 20245,13278.082.63$13,518
May 20245,06378.812.20$11,131
Apr 20245,03584.451.66$8,354
Mar 20245,73880.301.55$8,866
Feb 20245,61176.091.78$10,008
Jan 20245,27773.023.30$17,402
Dec 20236,24771.262.61$16,309
Nov 20235,26977.892.81$14,793
Oct 20235,71985.443.09$17,656
Sep 20234,60389.042.74$12,589
Aug 20235,36880.522.67$14,348
Jul 20235,13674.852.64$13,568
Jun 20234,78268.962.26$10,800
May 20235,09470.622.23$11,346
Apr 20234,18278.122.24$9,358
Mar 20235,79972.852.39$13,878
Feb 20235,47375.112.47$13,495
Jan 20235,67576.533.39$19,225
Dec 20225,28476.415.73$30,272
Nov 20225,64785.005.65$31,884
Oct 20226,20387.185.86$36,373
Sep 20223,79984.888.16$31,014
Aug 20224,56294.529.13$41,638
Jul 20225,764101.587.54$43,473
Jun 20225,505115.097.98$43,914
May 20226,163109.378.43$51,973
Apr 20224,087104.226.84$27,945
Mar 20224,980108.885.08$25,280
Feb 20222,99691.054.86$14,557
Jan 20224,75381.844.54$21,568
Dec 20215,07571.323.90$19,788
Nov 20214,14877.435.24$21,722
Oct 20214,38079.795.71$25,027
Sep 20215,25169.865.35$28,098
Aug 20215,43066.024.22$22,918
Jul 20215,47970.783.98$21,818
Jun 20215,33569.493.38$18,036
May 20215,71063.483.02$17,231
Apr 20215,66660.362.76$15,629
Mar 20214,39061.302.72$11,927
Feb 20214,02257.805.55$22,314
Jan 20214,67650.412.81$13,141
Dec 20205,67344.642.68$15,178
Nov 20206,22338.772.71$16,843
Oct 20206,52736.972.48$16,177
Sep 20206,36437.091.99$12,671
Aug 20206,10239.982.39$14,554
Jul 20206,72338.371.83$12,270
Jun 20206,39434.901.69$10,808
May 20207,11216.921.81$12,907
Apr 20207,00414.751.80$12,638
Mar 20207,27030.341.86$13,495
Feb 20207,18649.881.98$14,233
Jan 20207,85857.252.09$16,460
Dec 20198,18659.012.30$18,863
Nov 20198,06255.302.75$22,176
Oct 20198,26653.472.42$19,992
Sep 20198,56855.052.66$22,768
Aug 20198,80253.112.30$20,283
Jul 20198,91156.272.46$21,922
Jun 20199,73352.782.49$24,247
May 201910,67558.482.74$29,253
Apr 201911,49062.632.75$31,606
Mar 201913,15856.803.06$40,291
Feb 201912,32750.852.79$34,420
Jan 20191,46146.033.23$4,716
Dec 20185,05746.594.19$21,166
Nov 20185,16652.934.24$21,890
Oct 20185,51161.443.40$18,727
Sep 20187,09959.543.11$22,064
Aug 20187,36559.403.07$22,585
Jul 20187,20465.142.93$21,121
Jun 20188,93560.183.08$27,492
May 20188,25265.382.90$23,937
Apr 20188,58963.842.90$24,915
Mar 20189,87361.222.79$27,514
Feb 20187,54861.782.77$20,879
Jan 20185,53762.874.01$22,200
Dec 20176,20157.272.92$18,116
Nov 20174,33355.423.12$13,512
Oct 20174,98149.292.98$14,862
Sep 20174,93147.523.09$15,223
Aug 20175,02145.373.00$15,085
Jul 20175,08543.873.09$15,699
Jun 20175,11042.493.09$15,776
May 20175,10645.373.26$16,663
Apr 20173,90447.933.21$12,538
Mar 20174,87346.772.98$14,539
Feb 20174,74250.452.95$14,001
Jan 20175,29349.413.42$18,096
Dec 20165,26448.763.72$19,597
Nov 20165,01142.492.64$13,251
Oct 20165,01046.193.09$15,482
Sep 20164,50641.553.10$13,971
Aug 20164,84341.442.92$14,163
Jul 20165,34941.622.92$15,642
Jun 20165,30045.352.69$14,235
May 20165,18342.521.99$10,320
Apr 20164,97336.561.99$9,901
Mar 20165,64333.011.79$10,124
Feb 20164,89026.472.06$10,091
Jan 20165,41627.352.36$12,805
Dec 20154,86832.362.00$9,743
Nov 20156,40638.792.17$13,884
Oct 20157,83543.552.43$19,012
Sep 20157,20842.992.76$19,883
Aug 20158,68440.162.87$24,945
Jul 20156,45148.152.95$18,999
Jun 20155,89256.152.88$16,986
May 20156,08955.212.96$17,996
Apr 20156,07249.822.71$16,434
Mar 20156,37242.892.93$18,700
Feb 20155,30844.662.98$15,798
Jan 20156,33743.433.10$19,649
Dec 20146,33554.693.59$22,751
Nov 20146,05170.464.25$25,728
Oct 20146,14778.303.90$23,979
Sep 20145,94386.164.05$24,042
Aug 20145,96489.394.04$24,065
Jul 20146,18896.564.18$25,863
Jun 20146,23998.164.74$29,553
May 20146,17994.734.73$29,205
Apr 20145,91995.944.81$28,465
Mar 20146,71595.895.06$33,956
Feb 20147,02597.406.19$43,499
Jan 20147,78890.404.86$37,855
Dec 20137,42491.824.35$32,328
Nov 20136,91288.853.74$25,839
Oct 20137,15097.423.78$27,022
Sep 20136,718104.113.72$24,976
Aug 20137,178104.253.52$25,285
Jul 20137,465102.523.72$27,753
Jun 20137,37994.403.93$29,025
May 20137,38494.834.15$30,637
Apr 20137,26493.964.28$31,109
Mar 20137,42493.623.91$29,049
Feb 20137,26791.233.42$24,852
Jan 20138,44691.603.42$28,885
Dec 20128,22886.773.42$28,141
Nov 20128,74786.953.62$31,708
Oct 20128,60489.383.40$29,251
Sep 20126,35494.672.92$18,544
Aug 20127,33292.662.91$21,323
Jul 20127,67085.133.02$23,170
Jun 20127,59079.822.52$19,120
May 20128,36691.612.49$20,817
Apr 20128,662101.652.00$17,296
Mar 20129,011105.052.22$20,023
Feb 20128,811101.102.57$22,646
Jan 20128,94398.092.73$24,451
Dec 20118,90696.873.24$28,853
Nov 20118,49895.723.31$28,139
Oct 20119,27984.983.65$33,855
Sep 20118,45483.623.99$33,696
Aug 20119,05183.404.15$37,556
Jul 20119,96794.144.52$45,023
Jun 20119,70092.904.64$45,007
May 201111,11898.134.40$48,973
Apr 20119,969105.964.33$43,198
Mar 20118,87696.364.06$36,013
Feb 20115,27185.644.18$22,033
Jan 20117,67686.504.59$35,223
Dec 20109,77785.734.35$42,508
Nov 201010,20880.843.80$38,743
Oct 201010,10278.103.51$35,447
Sep 201010,69172.633.98$42,545
Aug 201011,20573.684.42$49,519
Jul 201010,67772.554.74$50,572
Jun 20109,69270.364.91$47,592
May 201010,74971.124.24$45,524
Apr 201010,55381.694.12$43,507
Mar 201011,11978.394.39$48,798
Feb 201010,07873.585.44$54,848
Jan 201011,41274.365.96$68,062
Dec 200911,53071.445.48$63,228
Nov 200911,74474.593.75$44,058
Oct 200912,98372.544.11$53,363
Sep 200913,47965.543.06$41,310
Aug 200913,69767.423.22$44,084
Jul 200913,69361.133.46$47,439
Jun 200913,79966.163.90$53,747
May 200915,09454.743.93$59,255
Apr 200913,59946.773.59$48,786
Mar 200914,57342.144.06$59,152
Feb 200911,77132.814.63$54,535
Jan 200916,10735.865.37$86,511
Dec 200816,41137.105.98$98,091
Nov 200816,95255.496.86$116,297
Oct 200817,09175.246.92$118,304
Sep 200815,368101.767.88$121,055
Aug 200817,154114.228.48$145,518
Jul 200818,032131.0811.39$205,374
Jun 200818,668131.3313.03$243,293
May 200819,929123.1711.57$230,664
Apr 200819,912110.3110.45$208,177
Mar 200821,891101.909.66$211,556
Feb 200821,70392.538.77$190,348
Jan 200824,75490.388.21$203,125
Dec 200725,90488.337.30$189,150
Nov 200727,14291.677.29$197,911
Oct 200730,02682.856.92$207,839
Sep 200732,96575.846.24$205,839
Aug 200734,08669.066.39$217,739
Jul 200741,40270.906.39$264,473
Jun 200747,80862.007.55$360,876
May 200738,29758.747.85$300,489

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
Gas                4,148 Mcf  × $  3.05 =    $12,634

────────────────────────────────────────────────────
Month total                                  $12,634

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/240531 is the state's own key, not one this site invented.