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 65280200CondensateGasSaveExport
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

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”

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.