MARTIN

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 241306District 09Field 652802002 tax incentive programmesCondensateGasSaveExport
Value, all time
$6.4 M
Jul 2008 – May 2026
Value, last 12 filed months
$104 k
at the published price for each month
Months reported
215
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

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 Gas112009-01-23187450
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
CondensateDisposition3 bbl$239
GasProduction1,622,898 Mcf$6,418,965
Total$6,419,203

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 33.0377, -97.3115. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

33.03774, -97.31155 · 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
7,549 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 7,549 ft.

Completions filed
Oct 2008
1 of 1 wells

1 well

42-121333816H7,549 ftOct 2008

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 (215)

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

215 months

May 202602,527106.413.05$7,697
Apr 202602,70198.932.87$7,751
Mar 202602,73189.753.15$8,601
Feb 202601,83463.503.75$6,878
Jan 202601,95759.138.00$15,652
Dec 202502,71856.664.41$11,996
Nov 202502,35158.593.93$9,231
Oct 2025097259.383.30$3,212
Sep 202501,93362.743.08$5,948
Aug 202502,49163.933.01$7,510
Jul 202502,95066.743.32$9,780
Jun 202503,08366.483.13$9,646
May 202503,43060.553.23$11,087
Apr 202503,44562.363.54$12,206
Mar 202503,33267.704.27$14,222
Feb 202503,14070.884.34$13,630
Jan 202503,62974.324.28$15,527
Dec 202403,87668.993.12$12,098
Nov 202403,56769.052.20$7,842
Oct 202403,49771.372.28$7,978
Sep 202403,14569.612.36$7,436
Aug 202403,64475.632.06$7,520
Jul 202403,38079.932.15$7,255
Jun 202403,05678.082.63$8,049
May 202403,64378.812.20$8,009
Apr 202403,59884.451.66$5,970
Mar 202403,87880.301.55$5,992
Feb 202403,61276.091.78$6,443
Jan 202403,75173.023.30$12,370
Dec 202303,79971.262.61$9,918
Nov 202303,60077.892.81$10,107
Oct 202304,32285.443.09$13,343
Sep 202303,92989.042.74$10,746
Aug 202304,41980.522.67$11,811
Jul 202304,66374.852.64$12,319
Jun 202303,31868.962.26$7,494
May 202303,61570.622.23$8,052
Apr 202303,91678.122.24$8,763
Mar 202304,18272.852.39$10,008
Feb 202303,96175.112.47$9,767
Jan 202304,83976.533.39$16,393
Dec 202203,81176.415.73$21,834
Nov 202203,97185.005.65$22,421
Oct 202204,59387.185.86$26,932
Sep 202204,56184.888.16$37,235
Aug 202204,70194.529.13$42,907
Jul 202204,697101.587.54$35,425
Jun 202204,576115.097.98$36,504
May 202204,497109.378.43$37,923
Apr 202204,339104.226.84$29,668
Mar 202204,545108.885.08$23,072
Feb 202204,43591.054.86$21,549
Jan 202203,93181.844.54$17,838
Dec 202104,46671.323.90$17,413
Nov 202104,48277.435.24$23,472
Oct 202104,52779.795.71$25,867
Sep 202104,56069.865.35$24,400
Aug 202104,39266.024.22$18,537
Jul 202104,90870.783.98$19,544
Jun 202104,97369.493.38$16,812
May 202104,80763.483.02$14,506
Apr 202105,02860.362.76$13,869
Mar 202105,39961.302.72$14,669
Feb 202104,33757.805.55$24,061
Jan 202106,62950.412.81$18,629
Dec 202006,01944.642.68$16,104
Nov 202005,29038.772.71$14,318
Oct 202005,17636.972.48$12,828
Sep 202004,91137.091.99$9,778
Aug 202004,45839.982.39$10,633
Jul 202006,28638.371.83$11,473
Jun 202006,72934.901.69$11,374
May 202006,85316.921.81$12,436
Apr 202007,07514.751.80$12,766
Mar 202005,97730.341.86$11,095
Feb 202006,40349.881.98$12,682
Jan 2020010,19957.252.09$21,364
Dec 201909,06559.012.30$20,889
Nov 201901,75655.302.75$4,830
Oct 20190653.472.42$15
Sep 2019070055.052.66$1,860
Aug 201902,90253.112.30$6,687
Jul 201905,77456.272.46$14,204
Jun 201906,30652.782.49$15,710
May 201902,99158.482.74$8,196
Apr 201907,03662.632.75$19,354
Mar 201903,17856.803.06$9,731
Feb 201903,95050.852.79$11,029
Jan 201904,09646.033.23$13,223
Dec 201804,60046.594.19$19,253
Nov 201804,16952.934.24$17,665
Oct 201801,19961.443.40$4,074
Sep 2018067859.543.11$2,107
Aug 201803,07559.403.07$9,430
Jul 201803,00465.142.93$8,807
Jun 201802,75160.183.08$8,465
May 201802,91565.382.90$8,456
Apr 201802,64263.842.90$7,664
Mar 201802,93961.222.79$8,191
Feb 201802,60961.782.77$7,217
Jan 201802,73262.874.01$10,953
Dec 201703,62157.272.92$10,579
Nov 201702,74155.423.12$8,547
Oct 201701,89649.292.98$5,657
Sep 201702,05047.523.09$6,329
Aug 201702,34245.373.00$7,036
Jul 201702,93843.873.09$9,070
Jun 201702,84842.493.09$8,793
May 201703,69845.373.26$12,068
Apr 201703,38347.933.21$10,865
Mar 201703,50746.772.98$10,464
Feb 201704,33750.452.95$12,805
Jan 201704,34949.413.42$14,868
Dec 201605,99248.763.72$22,307
Nov 201609,35042.492.64$24,725
Oct 201604,87946.193.09$15,077
Sep 201603,29741.553.10$10,223
Aug 201602,33941.442.92$6,840
Jul 201602,85941.622.92$8,361
Jun 201603,68545.352.69$9,897
May 201604,32242.521.99$8,605
Apr 201604,47236.561.99$8,904
Mar 201604,60133.011.79$8,254
Feb 201604,24626.472.06$8,762
Jan 201604,36327.352.36$10,316
Dec 201504,70532.362.00$9,417
Nov 201505,44738.792.17$11,805
Oct 201505,48643.552.43$13,312
Sep 201505,24142.992.76$14,457
Aug 201505,16840.162.87$14,845
Jul 201504,93748.152.95$14,540
Jun 201505,01356.152.88$14,452
May 201505,44655.212.96$16,095
Apr 201505,27949.822.71$14,288
Mar 201505,62842.892.93$16,517
Feb 201505,40544.662.98$16,086
Jan 201505,32643.433.10$16,514
Dec 201404,41754.693.59$15,863
Nov 201405,55470.464.25$23,615
Oct 201405,69978.303.90$22,232
Sep 201405,36186.164.05$21,688
Aug 201404,57589.394.04$18,461
Jul 201407,92396.564.18$33,115
Jun 201407,26198.164.74$34,394
May 201405,35594.734.73$25,311
Apr 201405,30695.944.81$25,517
Mar 201405,76195.895.06$29,132
Feb 201404,61897.406.19$28,595
Jan 201405,53490.404.86$26,899
Dec 201305,80791.824.35$25,286
Nov 2013010,22488.853.74$38,220
Oct 201306,70397.423.78$25,333
Sep 201302,406104.113.72$8,945
Aug 201308,611104.253.52$30,333
Jul 201308,838102.523.72$32,857
Jun 201307,88994.403.93$31,031
May 201308,49794.834.15$35,255
Apr 201308,58593.964.28$36,766
Mar 201308,49293.623.91$33,228
Feb 201307,27491.233.42$24,876
Jan 201308,52091.603.42$29,138
Dec 201209,29886.773.42$31,801
Nov 201209,24286.953.62$33,502
Oct 201209,79389.383.40$33,293
Sep 201209,33494.672.92$27,240
Aug 201209,97392.662.91$29,003
Jul 2012010,54185.133.02$31,842
Jun 201209,96079.822.52$25,090
May 2012010,61191.612.49$26,404
Apr 2012010,273101.652.00$20,513
Mar 2012011,381105.052.22$25,289
Feb 2012010,017101.102.57$25,746
Jan 2012011,17798.092.73$30,559
Dec 2011011,41096.873.24$36,965
Nov 2011011,40595.723.31$37,765
Oct 2011012,36684.983.65$45,118
Sep 2011011,49783.623.99$45,825
Aug 2011013,10583.404.15$54,377
Jul 2011011,82794.144.52$53,425
Jun 2011013,31792.904.64$61,789
May 2011012,81998.134.40$56,465
Apr 2011013,992105.964.33$60,631
Mar 2011015,58296.364.06$63,221
Feb 2011013,59485.644.18$56,823
Jan 2011015,33086.504.59$70,346
Dec 2010115,10285.734.35$65,745
Nov 201009,77380.843.80$37,092
Oct 2010011,73978.103.51$41,191
Sep 2010015,00072.633.98$59,692
Aug 2010016,43273.684.42$72,619
Jul 2010016,44772.554.74$77,901
Jun 2010017,05370.364.91$83,737
May 2010117,69071.124.24$74,992
Apr 2010116,88081.694.12$69,673
Mar 2010013,57078.394.39$59,554
Feb 2010014,79273.585.44$80,503
Jan 2010018,29474.365.96$109,107
Dec 2009012,89371.445.48$70,702
Nov 2009014,02274.593.75$52,604
Oct 2009016,23472.544.11$66,726
Sep 2009020,41865.543.06$62,576
Aug 2009019,72667.423.22$63,488
Jul 2009024,39361.133.46$84,510
Jun 2009026,82966.163.90$104,499
May 2009031,21054.743.93$122,523
Apr 2009032,06746.773.59$115,040
Mar 2009036,18442.144.06$146,871
Feb 2009035,80932.814.63$165,903
Jan 2009044,56435.865.37$239,353
Dec 2008049,65137.105.98$296,771
Nov 2008060,78955.496.86$417,034
Oct 2008019,03975.246.92$131,788
Sep 200800101.767.88$0
Aug 200800114.228.48$0
Jul 200800131.0811.39$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                2,527 Mcf  × $  3.05 =     $7,697

────────────────────────────────────────────────────
Month total                                   $7,697

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/241306 is the state's own key, not one this site invented.