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.

Gas lease lease 240621District 09Field 65280200CondensateGasSave
Value, all time
$17.0 M
Jul 2007 – May 2026
Value, last 12 filed months
$255 k
at the published price for each month
Months reported
227
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.

StreamBasisVolumeValue
CondensateDisposition863 bbl$69,504
GasProduction3,405,678 Mcf$16,925,684
Total$16,995,188

Every month this lease reported (227)

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

227 months

May 202604,904106.413.05$14,937
Apr 202609,74098.932.87$27,951
Mar 2026010,06789.753.15$31,705
Feb 202604,87463.503.75$18,279
Jan 202604,52559.138.00$36,191
Dec 202505,22756.664.41$23,069
Nov 202505,06958.593.93$19,903
Oct 202505,25059.383.30$17,350
Sep 202505,12962.743.08$15,782
Aug 202505,26063.933.01$15,858
Jul 202505,35466.743.32$17,750
Jun 202505,17366.483.13$16,185
May 202505,42060.553.23$17,519
Apr 202505,39962.363.54$19,129
Mar 202505,71467.704.27$24,389
Feb 202505,41070.884.34$23,484
Jan 202505,73574.324.28$24,538
Dec 202405,71068.993.12$17,823
Nov 202405,60169.052.20$12,313
Oct 202405,93271.372.28$13,533
Sep 202405,47369.612.36$12,940
Aug 202405,66075.632.06$11,680
Jul 202405,77579.932.15$12,397
Jun 202405,97278.082.63$15,730
May 202406,09478.812.20$13,397
Apr 202405,98384.451.66$9,927
Mar 202405,98080.301.55$9,240
Feb 202405,55376.091.78$9,905
Jan 202406,11473.023.30$20,162
Dec 202305,97671.262.61$15,602
Nov 202305,91477.892.81$16,604
Oct 202306,11785.443.09$18,885
Sep 202305,80289.042.74$15,869
Aug 202305,96980.522.67$15,954
Jul 202305,93574.852.64$15,679
Jun 202306,10568.962.26$13,788
May 202306,34670.622.23$14,135
Apr 202306,05178.122.24$13,541
Mar 202306,34772.852.39$15,189
Feb 202305,78575.112.47$14,264
Jan 202306,65476.533.39$22,542
Dec 202206,59176.415.73$37,760
Nov 202206,42085.005.65$36,249
Oct 202206,64187.185.86$38,941
Sep 202206,43884.888.16$52,558
Aug 202206,56194.529.13$59,883
Jul 202206,412101.587.54$48,360
Jun 202206,510115.097.98$51,932
May 202206,470109.378.43$54,562
Apr 202206,204104.226.84$42,420
Mar 202206,637108.885.08$33,692
Feb 202206,14691.054.86$29,862
Jan 202206,76981.844.54$30,716
Dec 202106,80371.323.90$26,526
Nov 202106,61477.435.24$34,637
Oct 202106,97979.795.71$39,877
Sep 202106,64469.865.35$35,552
Aug 202107,07566.024.22$29,861
Jul 202107,23670.783.98$28,814
Jun 202106,89369.493.38$23,303
May 202107,22263.483.02$21,794
Apr 202107,17060.362.76$19,778
Mar 202107,29761.302.72$19,826
Feb 202107,00957.805.55$38,886
Jan 202107,60450.412.81$21,369
Dec 202007,77544.642.68$20,802
Nov 202005,98338.772.71$16,193
Oct 202006,61536.972.48$16,395
Sep 202006,55037.091.99$13,041
Aug 202007,08339.982.39$16,894
Jul 202007,51038.371.83$13,707
Jun 202007,05534.901.69$11,925
May 202007,54916.921.81$13,700
Apr 202007,39114.751.80$13,336
Mar 202007,11230.341.86$13,202
Feb 202006,85849.881.98$13,583
Jan 202007,41357.252.09$15,528
Dec 201907,61259.012.30$17,541
Nov 201907,37455.302.75$20,284
Oct 201907,81053.472.42$18,889
Sep 201907,39855.052.66$19,659
Aug 201907,50653.112.30$17,297
Jul 201907,37856.272.46$18,150
Jun 201907,65052.782.49$19,058
May 201908,03458.482.74$22,016
Apr 201907,94962.632.75$21,865
Mar 201908,31156.803.06$25,449
Feb 201907,40050.852.79$20,662
Jan 201908,40846.033.23$27,143
Dec 201808,17146.594.19$34,199
Nov 201808,32152.934.24$35,258
Oct 201808,78061.443.40$29,835
Sep 201808,60959.543.11$26,757
Aug 201808,80259.403.07$26,992
Jul 201808,99665.142.93$26,375
Jun 201808,83460.183.08$27,182
May 201809,37165.382.90$27,183
Apr 201809,82863.842.90$28,509
Mar 2018010,30261.222.79$28,710
Feb 201808,66861.782.77$23,977
Jan 201809,89762.874.01$39,680
Dec 201709,75657.272.92$28,502
Nov 201708,98655.423.12$28,022
Oct 201709,93549.292.98$29,643
Sep 201709,12947.523.09$28,184
Aug 201709,74745.373.00$29,284
Jul 201709,56643.873.09$29,533
Jun 201709,58942.493.09$29,604
May 2017010,10945.373.26$32,990
Apr 201709,95547.933.21$31,971
Mar 2017011,15846.772.98$33,292
Feb 2017010,24650.452.95$30,252
Jan 2017011,29349.413.42$38,609
Dec 2016010,12948.763.72$37,709
Nov 2016010,00142.492.64$26,446
Oct 2016010,60646.193.09$32,775
Sep 2016011,23841.553.10$34,845
Aug 2016311,40841.442.92$33,485
Jul 2016311,17941.622.92$32,816
Jun 2016011,23845.352.69$30,183
May 2016012,08142.521.99$24,054
Apr 2016011,89136.561.99$23,675
Mar 2016012,88333.011.79$23,112
Feb 2016013,36226.472.06$27,574
Jan 2016014,10527.352.36$33,349
Dec 201507,21332.362.00$14,436
Nov 2015012,19638.792.17$26,433
Oct 2015013,12643.552.43$31,851
Sep 2015012,58842.992.76$34,723
Aug 20151013,28240.162.87$38,554
Jul 2015013,35648.152.95$39,334
Jun 2015013,00356.152.88$37,486
May 2015013,61155.212.96$40,227
Apr 2015013,58249.822.71$36,761
Mar 2015014,30042.892.93$41,966
Feb 2015013,06344.662.98$38,878
Jan 2015014,55743.433.10$45,136
Dec 2014015,02354.693.59$53,953
Nov 2014014,83070.464.25$63,055
Oct 2014015,38578.303.90$60,016
Sep 2014014,76686.164.05$59,735
Aug 2014015,30989.394.04$61,774
Jul 2014015,57096.564.18$65,076
Jun 2014014,37298.164.74$68,078
May 2014013,97494.734.73$66,049
Apr 2014014,56695.944.81$70,050
Mar 2014015,19095.895.06$76,813
Feb 2014014,48997.406.19$89,716
Jan 2014013,27190.404.86$64,507
Dec 2013015,30591.824.35$66,645
Nov 2013014,68988.853.74$54,912
Oct 2013017,14897.423.78$64,808
Sep 2013017,047104.113.72$63,376
Aug 2013016,510104.253.52$58,158
Jul 2013017,636102.523.72$65,566
Jun 2013016,48594.403.93$64,842
May 2013017,02494.834.15$70,634
Apr 2013016,14593.964.28$69,142
Mar 2013016,94193.623.91$66,288
Feb 2013015,73891.233.42$53,823
Jan 2013017,95191.603.42$61,391
Dec 2012018,18886.773.42$62,206
Nov 2012017,16786.953.62$62,230
Oct 20124219,64889.383.40$70,551
Sep 2012019,58294.672.92$57,148
Aug 2012020,83092.662.91$60,577
Jul 2012021,58485.133.02$65,201
Jun 2012019,77479.822.52$49,812
May 2012020,45391.612.49$50,894
Apr 2012019,802101.652.00$39,541
Mar 2012020,449105.052.22$45,439
Feb 201200101.102.57$0
Jan 201279098.092.73$7,749
Dec 2011014,86396.873.24$48,152
Nov 2011015,09195.723.31$49,971
Oct 2011017,26484.983.65$62,988
Sep 2011016,41883.623.99$65,439
Aug 2011022,50683.404.15$93,385
Jul 2011021,12194.144.52$95,409
Jun 2011017,81092.904.64$82,636
May 2011020,07998.134.40$88,444
Apr 2011018,587105.964.33$80,543
Mar 2011021,32096.364.06$86,502
Feb 2011019,34285.644.18$80,849
Jan 2011022,37486.504.59$102,669
Dec 2010021,89485.734.35$95,190
Nov 2010021,48180.843.80$81,527
Oct 2010023,81978.103.51$83,578
Sep 2010022,43972.633.98$89,295
Aug 2010027,71973.684.42$122,500
Jul 2010028,58772.554.74$135,402
Jun 2010130,96570.364.91$152,121
May 2010032,84571.124.24$139,106
Apr 20102432,77581.694.12$137,082
Mar 20102651,57278.394.39$228,371
Feb 2010032,60073.585.44$177,421
Jan 201015840,57974.365.96$253,766
Dec 200910847,02271.445.48$265,572
Nov 200954074.593.75$4,028
Oct 2009109072.544.11$7,907
Sep 200904765.543.06$144
Aug 2009052,12567.423.22$167,764
Jul 200909661.133.46$333
Jun 20090066.163.90$0
May 200903,02654.743.93$11,879
Apr 200903,23946.773.59$11,620
Mar 200909,32842.144.06$37,862
Feb 2009021,49132.814.63$99,568
Jan 2009036,02035.865.37$193,463
Dec 2008042,43137.105.98$253,616
Nov 2008047,78755.496.86$327,836
Oct 2008050,66475.246.92$350,695
Sep 2008050,103101.767.88$394,666
Aug 2008052,177114.228.48$442,619
Jul 2008049,786131.0811.39$567,034
Jun 2008047,207131.3313.03$615,231
May 2008049,260123.1711.57$570,150
Apr 2008117,074110.3110.45$178,617
Mar 2008062,311101.909.66$602,178
Feb 20086967,67892.538.77$599,960
Jan 2008071,18990.388.21$584,158
Dec 20074442,51888.337.30$314,352
Nov 20076486,44091.677.29$636,161
Oct 20076893,87782.856.92$655,449
Sep 20070113,04875.846.24$705,890
Aug 2007019,63069.066.39$125,395
Jul 20070070.906.39$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                4,904 Mcf  × $  3.05 =    $14,937

────────────────────────────────────────────────────
Month total                                  $14,937

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/240621 is the state's own key, not one this site invented.