COLE TRUST TWO

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 244096District 09Field 652802002 tax incentive programmesCondensateGasSaveExport
Value, all time
$7.1 M
Jul 2008 – May 2026
Value, last 12 filed months
$90 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 Gas112009-02-18185729
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
CondensateDisposition190 bbl$15,178
GasProduction1,621,815 Mcf$7,042,758
Total$7,057,936

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 33.0164, -97.3544. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

33.01635, -97.35443 · 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
7,509 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 7,509 ft.

Completions filed
Jul 2008
1 of 1 wells

1 well

42-121331285H7,509 ftJul 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 20260499106.413.05$1,520
Apr 202602,85798.932.87$8,199
Mar 202603,13189.753.15$9,861
Feb 202601,32363.503.75$4,962
Jan 202604,58559.138.00$36,670
Dec 202502,59856.664.41$11,466
Nov 2025053158.593.93$2,085
Oct 202501,42059.383.30$4,693
Sep 2025078862.743.08$2,425
Aug 2025046863.933.01$1,411
Jul 202501,29466.743.32$4,290
Jun 2025091966.483.13$2,875
May 202504,48060.553.23$14,481
Apr 202504,09462.363.54$14,506
Mar 202502,45567.704.27$10,479
Feb 202501,39070.884.34$6,034
Jan 202504,01874.324.28$17,192
Dec 202404,94468.993.12$15,432
Nov 202403,91769.052.20$8,611
Oct 202405,11371.372.28$11,665
Sep 202401,31469.612.36$3,107
Aug 202401,33275.632.06$2,749
Jul 202404,92379.932.15$10,568
Jun 202404,60678.082.63$12,132
May 202403,83878.812.20$8,438
Apr 202404,29484.451.66$7,125
Mar 202403,70580.301.55$5,725
Feb 202403,62876.091.78$6,471
Jan 202403,91473.023.30$12,907
Dec 202305,22071.262.61$13,628
Nov 202304,35377.892.81$12,221
Oct 202304,14485.443.09$12,794
Sep 202304,18189.042.74$11,435
Aug 202301,81180.522.67$4,841
Jul 202303,87774.852.64$10,242
Jun 202303,37868.962.26$7,629
May 202304,52170.622.23$10,070
Apr 202304,96978.122.24$11,119
Mar 202305,10672.852.39$12,219
Feb 202302,73775.112.47$6,749
Jan 202303,55176.533.39$12,030
Dec 202204,62376.415.73$26,486
Nov 202205,07485.005.65$28,649
Oct 202205,68587.185.86$33,335
Sep 202205,50584.888.16$44,941
Aug 202204,96294.529.13$45,289
Jul 202204,776101.587.54$36,021
Jun 202205,424115.097.98$43,268
May 202206,001109.378.43$50,607
Apr 202206,314104.226.84$43,173
Mar 202205,859108.885.08$29,743
Feb 202205,39991.054.86$26,233
Jan 202204,64181.844.54$21,059
Dec 202105,76571.323.90$22,478
Nov 202103,82677.435.24$20,036
Oct 202106,15179.795.71$35,146
Sep 202105,60369.865.35$29,981
Aug 202105,39366.024.22$22,762
Jul 202107,08970.783.98$28,229
Jun 202106,40769.493.38$21,660
May 202105,70663.483.02$17,219
Apr 202104,97560.362.76$13,723
Mar 202106,64261.302.72$18,046
Feb 202103,89057.805.55$21,582
Jan 202103,04650.412.81$8,560
Dec 202004,60944.642.68$12,331
Nov 202004,70338.772.71$12,729
Oct 202005,12336.972.48$12,697
Sep 202003,29037.091.99$6,551
Aug 202005,81039.982.39$13,857
Jul 202005,91538.371.83$10,796
Jun 202003,80834.901.69$6,437
May 202004,71416.921.81$8,555
Apr 202007,23414.751.80$13,053
Mar 202008,59230.341.86$15,949
Feb 202007,26749.881.98$14,394
Jan 202006,21357.252.09$13,015
Dec 201905,78259.012.30$13,324
Nov 201906,71555.302.75$18,471
Oct 201906,30753.472.42$15,254
Sep 201904,84355.052.66$12,869
Aug 201907,96353.112.30$18,350
Jul 201909,40556.272.46$23,137
Jun 201908,56852.782.49$21,345
May 201905,41758.482.74$14,844
Apr 201909,13962.632.75$25,139
Mar 201909,17756.803.06$28,101
Feb 201908,26950.852.79$23,089
Jan 201908,29746.033.23$26,784
Dec 2018010,20946.594.19$42,729
Nov 201809,77852.934.24$41,432
Oct 2018010,05561.443.40$34,168
Sep 201809,95159.543.11$30,928
Aug 201809,52159.403.07$29,197
Jul 2018011,27165.142.93$33,045
Jun 201808,51560.183.08$26,200
May 201808,24965.382.90$23,929
Apr 201807,00463.842.90$20,317
Mar 201808,87761.222.79$24,739
Feb 201809,97661.782.77$27,595
Jan 201804,23562.874.01$16,979
Dec 20170057.272.92$0
Nov 20170055.423.12$0
Oct 20170049.292.98$0
Sep 20170047.523.09$0
Aug 20170045.373.00$0
Jul 201706343.873.09$195
Jun 2017088842.493.09$2,742
May 2017031745.373.26$1,035
Apr 2017034747.933.21$1,114
Mar 2017041546.772.98$1,238
Feb 2017053250.452.95$1,571
Jan 2017088249.413.42$3,015
Dec 2016082948.763.72$3,086
Nov 2016055142.492.64$1,457
Oct 201601,68746.193.09$5,213
Sep 2016059841.553.10$1,854
Aug 2016041441.442.92$1,211
Jul 2016048041.622.92$1,404
Jun 2016065245.352.69$1,751
May 2016037442.521.99$745
Apr 2016029836.561.99$593
Mar 201602,49433.011.79$4,474
Feb 2016025526.472.06$526
Jan 2016036127.352.36$854
Dec 201502,04132.362.00$4,085
Nov 201503,96538.792.17$8,593
Oct 201504,86143.552.43$11,796
Sep 201505,55742.992.76$15,329
Aug 201505,33440.162.87$15,322
Jul 201505,65748.152.95$16,660
Jun 201505,90156.152.88$17,012
May 201506,93155.212.96$20,484
Apr 201505,58149.822.71$15,105
Mar 201505,85942.892.93$17,194
Feb 201507,49544.662.98$22,307
Jan 201506,92743.433.10$21,478
Dec 201408,96554.693.59$32,197
Nov 201408,63370.464.25$36,706
Oct 2014010,84778.303.90$42,314
Sep 2014010,72086.164.05$43,367
Aug 2014011,60389.394.04$46,820
Jul 2014086396.564.18$3,607
Jun 2014025498.164.74$1,203
May 2014011394.734.73$534
Apr 2014014795.944.81$707
Mar 2014021895.895.06$1,102
Feb 2014029097.406.19$1,796
Jan 201401,33390.404.86$6,479
Dec 2013023191.824.35$1,006
Nov 201305,19888.853.74$19,432
Oct 201304,75497.423.78$17,967
Sep 201304,560104.113.72$16,953
Aug 201301,953104.253.52$6,880
Jul 201302,189102.523.72$8,138
Jun 201303,38294.403.93$13,303
May 201303,78094.834.15$15,684
Apr 201304,68193.964.28$20,047
Mar 201307,75193.623.91$30,329
Feb 201308,99091.233.42$30,745
Jan 201307,74991.603.42$26,501
Dec 201208,48986.773.42$29,034
Nov 2012010,04886.953.62$36,424
Oct 2012010,22889.383.40$34,772
Sep 201208,84794.672.92$25,819
Aug 2012010,84892.662.91$31,548
Jul 2012012,43285.133.02$37,555
Jun 2012013,54079.822.52$34,108
May 2012012,16091.612.49$30,258
Apr 20120628101.652.00$1,254
Mar 201209,895105.052.22$21,987
Feb 201208,495101.102.57$21,834
Jan 2012134,35598.092.73$13,182
Dec 2011455696.873.24$2,189
Nov 201197,83795.723.31$26,812
Oct 2011911,13684.983.65$41,395
Sep 20111411,74283.623.99$47,972
Aug 2011117,10383.404.15$30,390
Jul 201106,38594.144.52$28,843
Jun 2011215,27992.904.64$71,079
May 20111417,95798.134.40$80,471
Apr 201101,803105.964.33$7,813
Mar 201101996.364.06$77
Feb 201131,79885.644.18$7,773
Jan 20111016,20286.504.59$75,212
Dec 2010611,18785.734.35$49,153
Nov 2010713,56580.843.80$52,050
Oct 201006978.103.51$242
Sep 20101414,56272.633.98$58,966
Aug 2010014,33773.684.42$63,360
Jul 2010019,19372.554.74$90,907
Jun 2010912,18770.364.91$60,476
May 2010915,71171.124.24$67,180
Apr 201052,53981.694.12$10,876
Mar 2010225778.394.39$1,285
Feb 2010616,07873.585.44$87,944
Jan 2010020,30574.365.96$121,101
Dec 20091018,88671.445.48$104,281
Nov 2009716,81174.593.75$63,589
Oct 2009219,29872.544.11$79,465
Sep 2009821,44665.543.06$66,251
Aug 2009821,72267.423.22$70,452
Jul 2009023,27861.133.46$80,647
Jun 2009024,64066.163.90$95,973
May 2009025,77154.743.93$101,171
Apr 2009027,58546.773.59$98,961
Mar 2009030,58042.144.06$124,124
Feb 2009032,47832.814.63$150,471
Jan 2009037,91035.865.37$203,615
Dec 2008842,13837.105.98$252,162
Nov 2008027,12155.496.86$186,060
Oct 2008052,26875.246.92$361,798
Sep 2008056,677101.767.88$446,450
Aug 2008079,587114.228.48$675,138
Jul 200804,314131.0811.39$49,134

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                  499 Mcf  × $  3.05 =     $1,520

────────────────────────────────────────────────────
Month total                                   $1,520

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/244096 is the state's own key, not one this site invented.