COLE TRUST FOUR

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 249493District 09Field 652802002 tax incentive programmesCondensateGasSaveExport
Value, all time
$8.2 M
Jan 2009 – May 2026
Value, last 12 filed months
$133 k
at the published price for each month
Months reported
209
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 Gas112010-01-27196477
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
CondensateDisposition246 bbl$22,112
GasProduction2,226,243 Mcf$8,215,226
Total$8,237,338

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 33.1690, -97.2606. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

33.16897, -97.26060 · 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
8,174 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 8,174 ft.

Completions filed
Nov 2020
1 of 1 wells

1 well

42-1213348698,174 ftNov 2020

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 (209)

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

209 months

May 202603,264106.413.05$9,942
Apr 202603,04098.932.87$8,724
Mar 202603,09289.753.15$9,738
Feb 202602,45963.503.75$9,222
Jan 202602,26059.138.00$18,075
Dec 202503,19156.664.41$14,083
Nov 202503,03758.593.93$11,925
Oct 202503,19859.383.30$10,569
Sep 202502,82562.743.08$8,692
Aug 202503,39463.933.01$10,232
Jul 202503,46166.743.32$11,474
Jun 202503,15366.483.13$9,865
May 202503,23360.553.23$10,450
Apr 202503,31062.363.54$11,728
Mar 202503,42267.704.27$14,606
Feb 202503,05470.884.34$13,257
Jan 202503,41274.324.28$14,599
Dec 202403,51568.993.12$10,972
Nov 202403,54069.052.20$7,782
Oct 202403,70571.372.28$8,453
Sep 202403,65169.612.36$8,632
Aug 202403,78675.632.06$7,813
Jul 202403,82679.932.15$8,213
Jun 202403,71778.082.63$9,791
May 202403,85578.812.20$8,475
Apr 202403,60484.451.66$5,980
Mar 202403,73580.301.55$5,771
Feb 202403,67676.091.78$6,557
Jan 202403,47573.023.30$11,459
Dec 202304,09571.262.61$10,691
Nov 202304,05777.892.81$11,390
Oct 202304,25385.443.09$13,130
Sep 202303,90689.042.74$10,683
Aug 202303,79280.522.67$10,136
Jul 202303,91674.852.64$10,345
Jun 202303,85468.962.26$8,704
May 202304,33170.622.23$9,647
Apr 202304,24078.122.24$9,488
Mar 202304,41872.852.39$10,573
Feb 202303,81675.112.47$9,409
Jan 202302,28276.533.39$7,731
Dec 202203,16676.415.73$18,138
Nov 202202,57585.005.65$14,539
Oct 202201,26887.185.86$7,435
Sep 202203,27984.888.16$26,769
Aug 202203,35594.529.13$30,622
Jul 202202,329101.587.54$17,566
Jun 202203,658115.097.98$29,181
May 202204,142109.378.43$34,930
Apr 202202,885104.226.84$19,726
Mar 202201,529108.885.08$7,762
Feb 202201,91591.054.86$9,305
Jan 202201,35281.844.54$6,135
Dec 202101,36271.323.90$5,311
Nov 202101,18777.435.24$6,216
Oct 202101,67979.795.71$9,594
Sep 202101,62669.865.35$8,701
Aug 202101,68166.024.22$7,095
Jul 202101,68970.783.98$6,726
Jun 202101,85569.493.38$6,271
May 202101,66163.483.02$5,012
Apr 202101,71160.362.76$4,720
Mar 202101,23461.302.72$3,353
Feb 202101,15157.805.55$6,386
Jan 202101,56750.412.81$4,404
Dec 202001,73044.642.68$4,629
Nov 202001,55938.772.71$4,220
Oct 202002,36036.972.48$5,849
Sep 202002,36437.091.99$4,707
Aug 202002,51639.982.39$6,001
Jul 202002,53638.371.83$4,629
Jun 202002,50334.901.69$4,231
May 202001,99116.921.81$3,613
Apr 202002,47414.751.80$4,464
Mar 202002,68030.341.86$4,975
Feb 202002,54549.881.98$5,041
Jan 202002,66657.252.09$5,585
Dec 201902,67659.012.30$6,166
Nov 201902,40455.302.75$6,613
Oct 201902,48753.472.42$6,015
Sep 201902,33055.052.66$6,191
Aug 201902,41753.112.30$5,570
Jul 201902,47056.272.46$6,076
Jun 201902,37252.782.49$5,909
May 201902,43958.482.74$6,684
Apr 201902,42562.632.75$6,670
Mar 201902,46056.803.06$7,533
Feb 201902,20350.852.79$6,151
Jan 201902,58646.033.23$8,348
Dec 201802,72246.594.19$11,393
Nov 201802,73052.934.24$11,568
Oct 201803,65661.443.40$12,423
Sep 201801,88059.543.11$5,843
Aug 2018020559.403.07$629
Jul 201807,75165.142.93$22,725
Jun 201808,49960.183.08$26,151
May 201808,91065.382.90$25,846
Apr 201809,39663.842.90$27,256
Mar 201809,95661.222.79$27,746
Feb 201808,85661.782.77$24,497
Jan 201809,66162.874.01$38,734
Dec 2017010,18257.272.92$29,747
Nov 201708,44655.423.12$26,338
Oct 201709,30749.292.98$27,769
Sep 2017010,20647.523.09$31,509
Aug 201709,20045.373.00$27,640
Jul 201708,11943.873.09$25,066
Jun 201706,70542.493.09$20,700
May 201708,48145.373.26$27,677
Apr 201708,37447.933.21$26,894
Mar 201708,38246.772.98$25,009
Feb 201707,70450.452.95$22,747
Jan 201708,37649.413.42$28,636
Dec 201609,57748.763.72$35,654
Nov 201608,69042.492.64$22,979
Oct 201609,35746.193.09$28,916
Sep 201609,03141.553.10$28,002
Aug 201609,43341.442.92$27,585
Jul 201609,80441.622.92$28,670
Jun 201609,53145.352.69$25,599
May 201609,97742.521.99$19,865
Apr 201609,72136.561.99$19,355
Mar 2016010,77433.011.79$19,329
Feb 201609,68026.472.06$19,976
Jan 2016011,23327.352.36$26,559
Dec 2015011,38832.362.00$22,792
Nov 2015011,75938.792.17$25,486
Oct 2015011,18943.552.43$27,151
Sep 2015010,83542.992.76$29,887
Aug 2015011,60440.162.87$33,332
Jul 2015011,07048.152.95$32,602
Jun 2015010,80756.152.88$31,155
May 201509,86255.212.96$29,147
Apr 201506,38049.822.71$17,268
Mar 2015012,19242.892.93$35,780
Feb 2015012,38844.662.98$36,869
Jan 2015012,91343.433.10$40,038
Dec 2014011,76854.693.59$42,263
Nov 2014011,18170.464.25$47,540
Oct 2014012,59178.303.90$49,117
Sep 2014011,85886.164.05$47,971
Aug 2014012,52489.394.04$50,536
Jul 201409,26896.564.18$38,737
Jun 2014012,52098.164.74$59,306
May 2014013,02494.734.73$61,559
Apr 2014012,73195.944.81$61,225
Mar 2014012,86895.895.06$65,071
Feb 2014012,02097.406.19$74,428
Jan 2014013,07090.404.86$63,530
Dec 2013013,27091.824.35$57,784
Nov 2013013,27188.853.74$49,611
Oct 2013014,35697.423.78$54,256
Sep 2013013,565104.113.72$50,431
Aug 2013014,346104.253.52$50,535
Jul 2013114,485102.523.72$53,954
Jun 2013213,81494.403.93$54,525
May 20131414,30894.834.15$60,693
Apr 2013014,21493.964.28$60,873
Mar 2013015,13993.623.91$59,237
Feb 2013013,38291.233.42$45,765
Jan 2013015,06591.603.42$51,521
Dec 2012015,43686.773.42$52,794
Nov 2012015,52286.953.62$56,267
Oct 2012015,34089.383.40$52,151
Sep 2012016,22994.672.92$47,363
Aug 2012017,46992.662.91$50,803
Jul 2012018,53785.133.02$55,997
Jun 2012018,96979.822.52$47,784
May 2012226,31191.612.49$65,653
Apr 2012431,889101.652.00$8,143
Mar 2012017,303105.052.22$38,449
Feb 2012022,794101.102.57$58,586
Jan 2012026,53498.092.73$72,546
Dec 2011028,78896.873.24$93,266
Nov 2011020,40895.723.31$67,577
Oct 2011026,67984.983.65$97,339
Sep 2011023,42883.623.99$93,379
Aug 2011023,32683.404.15$96,787
Jul 2011023,91394.144.52$108,021
Jun 2011223,52192.904.64$109,320
May 201110624,48298.134.40$118,241
Apr 2011024,379105.964.33$105,641
Mar 2011025,82096.364.06$104,761
Feb 2011023,18985.644.18$96,930
Jan 2011025,46386.504.59$116,844
Dec 2010025,85585.734.35$112,411
Nov 2010025,46180.843.80$96,633
Oct 2010026,92678.103.51$94,480
Sep 2010026,60572.633.98$105,874
Aug 2010027,48573.684.42$121,466
Jul 2010227,85972.554.74$132,099
Jun 20107427,15870.364.91$138,563
May 2010028,67871.124.24$121,458
Apr 2010028,23181.694.12$116,388
Mar 2010029,72378.394.39$130,444
Feb 2010027,80973.585.44$151,347
Jan 2010031,49074.365.96$187,809
Dec 2009031,54071.445.48$172,957
Nov 2009031,62974.593.75$118,656
Oct 2009032,09672.544.11$131,923
Sep 2009034,31765.543.06$105,173
Aug 2009036,85367.423.22$118,611
Jul 2009037,60761.133.46$130,289
Jun 2009038,15666.163.90$148,618
May 2009041,25454.743.93$161,953
Apr 2009041,93646.773.59$150,445
Mar 2009048,34542.144.06$196,232
Feb 2009019,02432.814.63$88,138
Jan 200902,04135.865.37$10,962

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                3,264 Mcf  × $  3.05 =     $9,942

────────────────────────────────────────────────────
Month total                                   $9,942

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/249493 is the state's own key, not one this site invented.