M.T. COLE

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 249909District 09Field 652802002 tax incentive programmesCondensateGasSaveExport
Value, all time
$4.7 M
Mar 2007 – May 2026
Value, last 12 filed months
$2 k
at the published price for each month
Months reported
231
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 Gas112009-08-17175039
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
CondensateDisposition16,772 bbl$1,298,251
GasProduction586,838 Mcf$3,400,810
Total$4,699,061

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 33.2692, -97.3741. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

33.26925, -97.37408 · 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
8,253 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 8,253 ft.

Completions filed
Feb 2007
1 of 1 wells

1 well

42-1213292718H8,253 ftFeb 2007

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 (231)

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

231 months

May 202600106.413.05$0
Apr 20260098.932.87$0
Mar 20260089.753.15$0
Feb 20260063.503.75$0
Jan 20260059.138.00$0
Dec 20250056.664.41$0
Nov 20250058.593.93$0
Oct 20250059.383.30$0
Sep 202530062.743.08$1,882
Aug 20250063.933.01$0
Jul 20250066.743.32$0
Jun 20250066.483.13$0
May 20250060.553.23$0
Apr 20250062.363.54$0
Mar 20250067.704.27$0
Feb 20250070.884.34$0
Jan 20250074.324.28$0
Dec 20240068.993.12$0
Nov 20240069.052.20$0
Oct 20240071.372.28$0
Sep 20240069.612.36$0
Aug 20240075.632.06$0
Jul 20240079.932.15$0
Jun 20240078.082.63$0
May 20240078.812.20$0
Apr 20240084.451.66$0
Mar 20240080.301.55$0
Feb 20240076.091.78$0
Jan 20240073.023.30$0
Dec 20230071.262.61$0
Nov 20230077.892.81$0
Oct 20230085.443.09$0
Sep 20230089.042.74$0
Aug 20230080.522.67$0
Jul 20230074.852.64$0
Jun 20230068.962.26$0
May 20230070.622.23$0
Apr 20230078.122.24$0
Mar 20230072.852.39$0
Feb 20230075.112.47$0
Jan 20230076.533.39$0
Dec 20220076.415.73$0
Nov 20220085.005.65$0
Oct 20220087.185.86$0
Sep 20220084.888.16$0
Aug 20220094.529.13$0
Jul 202200101.587.54$0
Jun 202200115.097.98$0
May 202200109.378.43$0
Apr 202200104.226.84$0
Mar 202200108.885.08$0
Feb 20220091.054.86$0
Jan 20220081.844.54$0
Dec 20210071.323.90$0
Nov 20210077.435.24$0
Oct 20210079.795.71$0
Sep 20210069.865.35$0
Aug 20210066.024.22$0
Jul 20210070.783.98$0
Jun 20210069.493.38$0
May 202104563.483.02$136
Apr 202104360.362.76$119
Mar 20211061.302.72$61
Feb 2021991,36457.805.55$13,290
Jan 2021392,66450.412.81$9,453
Dec 202002,71244.642.68$7,256
Nov 202003,09938.772.71$8,388
Oct 202003,25436.972.48$8,065
Sep 202003,14537.091.99$6,262
Aug 2020022739.982.39$541
Jul 202008838.371.83$161
Jun 20200034.901.69$0
May 20200016.921.81$0
Apr 20200014.751.80$0
Mar 20200030.341.86$0
Feb 20200049.881.98$0
Jan 20200057.252.09$0
Dec 20190059.012.30$0
Nov 20190055.302.75$0
Oct 20190053.472.42$0
Sep 20190055.052.66$0
Aug 20190053.112.30$0
Jul 20190056.272.46$0
Jun 20190052.782.49$0
May 20190058.482.74$0
Apr 201901362.632.75$36
Mar 201904356.803.06$132
Feb 20190050.852.79$0
Jan 201908346.033.23$268
Dec 201809746.594.19$406
Nov 2018011852.934.24$500
Oct 2018011961.443.40$404
Sep 2018043659.543.11$1,355
Aug 201803,06359.403.07$9,393
Jul 2018076965.142.93$2,255
Jun 20180060.183.08$0
May 20180065.382.90$0
Apr 201801363.842.90$38
Mar 20180061.222.79$0
Feb 20180161.782.77$3
Jan 20180162.874.01$4
Dec 20170157.272.92$3
Nov 20170855.423.12$25
Oct 20171301849.292.98$6,461
Sep 201701647.523.09$49
Aug 20170445.373.00$12
Jul 20170043.873.09$0
Jun 20170442.493.09$12
May 20170045.373.26$0
Apr 20170047.933.21$0
Mar 201708146.772.98$242
Feb 201701150.452.95$32
Jan 201702049.413.42$68
Dec 20160048.763.72$0
Nov 201606142.492.64$161
Oct 201601346.193.09$40
Sep 201603141.553.10$96
Aug 201605041.442.92$146
Jul 20160841.622.92$23
Jun 201607545.352.69$201
May 201601142.521.99$22
Apr 20160736.561.99$14
Mar 20160433.011.79$7
Feb 201604026.472.06$83
Jan 201607827.352.36$184
Dec 201503332.362.00$66
Nov 201507138.792.17$154
Oct 2015016643.552.43$403
Sep 2015018542.992.76$510
Aug 2015010540.162.87$302
Jul 201505248.152.95$153
Jun 201505056.152.88$144
May 201502755.212.96$80
Apr 20150549.822.71$14
Mar 2015016642.892.93$487
Feb 2015011744.662.98$348
Jan 2015013943.433.10$431
Dec 2014019054.693.59$682
Nov 2014017770.464.25$753
Oct 2014028778.303.90$1,120
Sep 2014015886.164.05$639
Aug 201401189.394.04$44
Jul 201409496.564.18$393
Jun 201408998.164.74$422
May 20140094.734.73$0
Apr 20140095.944.81$0
Mar 2014011495.895.06$576
Feb 2014020597.406.19$1,269
Jan 2014022090.404.86$1,069
Dec 2013017691.824.35$766
Nov 2013035288.853.74$1,316
Oct 20130697.423.78$23
Sep 2013010104.113.72$37
Aug 201306104.253.52$21
Jul 201307102.523.72$26
Jun 20131851,69694.403.93$24,135
May 201303,89394.834.15$16,152
Apr 20131763,79393.964.28$32,781
Mar 201303,76793.623.91$14,740
Feb 20131763,38791.233.42$27,640
Jan 201303,77791.603.42$12,917
Dec 20121783,92386.773.42$28,862
Nov 201203,84086.953.62$13,920
Oct 20121753,89789.383.40$28,890
Sep 20121743,82694.672.92$27,638
Aug 201203,99892.662.91$11,627
Jul 20121674,07085.133.02$26,511
Jun 201203,93879.822.52$9,920
May 20121884,11791.612.49$27,467
Apr 20122214,432101.652.00$31,314
Mar 201204,642105.052.22$10,315
Feb 20121804,371101.102.57$29,433
Jan 201204,72198.092.73$12,908
Dec 20111864,71496.873.24$33,290
Nov 201104,79795.723.31$15,884
Oct 20111834,97984.983.65$33,717
Sep 201104,94883.623.99$19,722
Aug 20111865,21283.404.15$37,139
Jul 20111726,11094.144.52$43,792
Jun 201104,16392.904.64$19,316
May 20111885,44398.134.40$42,424
Apr 201106,152105.964.33$26,658
Mar 20111815,51396.364.06$39,809
Feb 201106,15285.644.18$25,715
Jan 20111875,50386.504.59$41,428
Dec 20101635,65285.734.35$38,547
Nov 201005,56280.843.80$21,110
Oct 20103745,80578.103.51$49,579
Sep 20101945,71272.633.98$36,821
Aug 20101845,89173.684.42$39,592
Jul 201006,03772.554.74$28,594
Jun 20103736,16970.364.91$56,537
May 201006,31171.124.24$26,728
Apr 20101876,12781.694.12$40,536
Mar 20102006,41678.394.39$43,836
Feb 20101906,09173.585.44$47,130
Jan 201006,79274.365.96$40,508
Dec 20091906,79271.445.48$50,819
Nov 20091786,60974.593.75$38,071
Oct 20091947,13472.544.11$43,395
Sep 20091867,04365.543.06$33,775
Aug 20091887,19567.423.22$35,832
Jul 20091877,40661.133.46$37,089
Jun 20091827,11666.163.90$39,758
May 20091917,40054.743.93$39,506
Apr 20091917,29446.773.59$35,100
Mar 20091897,80042.144.06$39,625
Feb 20091967,17532.814.63$39,673
Jan 20093908,07235.865.37$57,340
Dec 20083898,17637.105.98$63,301
Nov 20081898,02955.496.86$65,569
Oct 20081818,47175.246.92$72,255
Sep 20081648,350101.767.88$82,462
Aug 20081917,528114.228.48$85,676
Jul 20081919,846131.0811.39$137,177
Jun 20081959,929131.3313.03$155,010
May 200838110,751123.1711.57$171,363
Apr 200819110,513110.3110.45$130,981
Mar 200857410,934101.909.66$164,158
Feb 200819510,32292.538.77$108,573
Jan 200838312,08490.388.21$133,774
Dec 200719311,05688.337.30$97,778
Nov 200756511,78791.677.29$137,741
Oct 200756413,30982.856.92$138,852
Sep 200775313,64375.846.24$142,297
Aug 200756514,73869.066.39$133,164
Jul 200756816,14770.906.39$143,417
Jun 200796218,96162.007.55$202,770
May 200771522,37158.747.85$217,528
Apr 200793228,68859.617.81$279,472
Mar 200722,67456.927.30$19,639

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.

Sep 2025 — as filed, then multipliedworked
Condensate            30 bbl  × $ 62.74 =     $1,882
Gas                    0 Mcf  × $  3.08 =         $0

────────────────────────────────────────────────────
Month total                                   $1,882

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/249909 is the state's own key, not one this site invented.