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 252269District 09Field 65280200CondensateGasSaveExport
Value, all time
$6.1 M
Feb 2009 – May 2026
Value, last 12 filed months
$159 k
at the published price for each month
Months reported
208
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
CondensateDisposition29 bbl$2,087
GasProduction1,642,059 Mcf$6,131,258
Total$6,133,345

Every month this lease reported (208)

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

208 months

May 202602,920106.413.05$8,894
Apr 202603,48798.932.87$10,007
Mar 202603,43889.753.15$10,828
Feb 202603,12463.503.75$11,716
Jan 202603,31359.138.00$26,497
Dec 202503,17756.664.41$14,021
Nov 202503,99458.593.93$15,682
Oct 202503,68059.383.30$12,162
Sep 202503,76462.743.08$11,582
Aug 202503,99163.933.01$12,032
Jul 202503,89666.743.32$12,916
Jun 202504,06566.483.13$12,718
May 202504,02460.553.23$13,007
Apr 202503,91262.363.54$13,861
Mar 202504,52667.704.27$19,318
Feb 202503,49370.884.34$15,163
Jan 202503,85174.324.28$16,477
Dec 202403,85168.993.12$12,020
Nov 202403,57969.052.20$7,868
Oct 202403,16971.372.28$7,230
Sep 202403,09069.612.36$7,306
Aug 202403,51075.632.06$7,243
Jul 202402,95379.932.15$6,339
Jun 202403,16878.082.63$8,344
May 202403,81978.812.20$8,396
Apr 202403,29184.451.66$5,460
Mar 202404,11080.301.55$6,350
Feb 202404,26276.091.78$7,602
Jan 202404,51473.023.30$14,886
Dec 202304,36471.262.61$11,393
Nov 202304,41677.892.81$12,398
Oct 202304,47285.443.09$13,806
Sep 202304,15589.042.74$11,364
Aug 202304,35780.522.67$11,646
Jul 202304,44274.852.64$11,735
Jun 202304,46768.962.26$10,089
May 202304,12370.622.23$9,184
Apr 202304,13878.122.24$9,260
Mar 202304,47072.852.39$10,697
Feb 202304,28875.112.47$10,573
Jan 202304,11976.533.39$13,954
Dec 202204,50176.415.73$25,787
Nov 202204,93285.005.65$27,847
Oct 202205,02887.185.86$29,483
Sep 202204,81084.888.16$39,267
Aug 202204,76494.529.13$43,482
Jul 202204,662101.587.54$35,161
Jun 202204,804115.097.98$38,322
May 202204,197109.378.43$35,393
Apr 202203,004104.226.84$20,540
Mar 202204,717108.885.08$23,945
Feb 202204,72091.054.86$22,934
Jan 202205,63581.844.54$25,570
Dec 202105,27471.323.90$20,564
Nov 202105,19877.435.24$27,221
Oct 202104,88079.795.71$27,884
Sep 202103,95069.865.35$21,136
Aug 202104,64566.024.22$19,605
Jul 202104,73170.783.98$18,839
Jun 202104,15069.493.38$14,030
May 202104,90863.483.02$14,811
Apr 202104,65660.362.76$12,843
Mar 202103,61361.302.72$9,816
Feb 202103,54757.805.55$19,679
Jan 202105,91750.412.81$16,628
Dec 202005,95844.642.68$15,940
Nov 202005,52638.772.71$14,957
Oct 202005,89036.972.48$14,598
Sep 202005,08237.091.99$10,118
Aug 202005,70239.982.39$13,600
Jul 202006,01938.371.83$10,985
Jun 202006,01134.901.69$10,160
May 202006,27516.921.81$11,388
Apr 202006,03214.751.80$10,884
Mar 202006,38030.341.86$11,843
Feb 202005,79249.881.98$11,472
Jan 202006,61857.252.09$13,863
Dec 201906,44359.012.30$14,847
Nov 201907,24255.302.75$19,921
Oct 201905,85853.472.42$14,168
Sep 201905,04555.052.66$13,406
Aug 201905,02353.112.30$11,575
Jul 201904,64056.272.46$11,415
Jun 201905,45552.782.49$13,590
May 201905,82558.482.74$15,962
Apr 201905,51862.632.75$15,178
Mar 201906,06956.803.06$18,584
Feb 201905,30650.852.79$14,816
Jan 201906,10446.033.23$19,705
Dec 201806,18746.594.19$25,895
Nov 201806,37252.934.24$27,000
Oct 201807,17861.443.40$24,391
Sep 201807,41559.543.11$23,046
Aug 201807,06659.403.07$21,668
Jul 201807,46965.142.93$21,898
Jun 201807,12560.183.08$21,923
May 201807,78065.382.90$22,568
Apr 201808,78663.842.90$25,486
Mar 201809,66561.222.79$26,935
Feb 201803,50561.782.77$9,695
Jan 201806,76462.874.01$27,119
Dec 201707,11957.272.92$20,798
Nov 201706,61355.423.12$20,622
Oct 201706,77349.292.98$20,208
Sep 201705,88447.523.09$18,166
Aug 201705,98345.373.00$17,975
Jul 201706,17643.873.09$19,067
Jun 201704,78942.493.09$14,785
May 201706,06345.373.26$19,786
Apr 201706,56547.933.21$21,084
Mar 201706,95646.772.98$20,754
Feb 201703,53850.452.95$10,446
Jan 201704,17449.413.42$14,270
Dec 201604,58948.763.72$17,084
Nov 201605,89342.492.64$15,583
Oct 201604,42246.193.09$13,665
Sep 201605,68941.553.10$17,639
Aug 201626,57741.442.92$19,316
Jul 201606,58841.622.92$19,266
Jun 201607,60245.352.69$20,418
May 201606,46042.521.99$12,862
Apr 201606,19636.561.99$12,336
Mar 201606,28633.011.79$11,277
Feb 201608,08026.472.06$16,674
Jan 201608,96227.352.36$21,189
Dec 201508,68932.362.00$17,390
Nov 201507,72738.792.17$16,747
Oct 201505,04243.552.43$12,235
Sep 201505,90342.992.76$16,283
Aug 201546,40840.162.87$18,568
Jul 201505,69448.152.95$16,769
Jun 201506,40856.152.88$18,473
May 201503,82355.212.96$11,299
Apr 201502,37149.822.71$6,417
Mar 201504,48642.892.93$13,165
Feb 201505,34844.662.98$15,917
Jan 201505,43943.433.10$16,864
Dec 201406,14554.693.59$22,069
Nov 201403,85570.464.25$16,391
Oct 201407,12178.303.90$27,779
Sep 201408,27686.164.05$33,480
Aug 2014011,62389.394.04$46,900
Jul 2014011,95696.564.18$49,971
Jun 201408,36198.164.74$39,605
May 2014011,06294.734.73$52,285
Apr 201409,29395.944.81$44,691
Mar 201407,25295.895.06$36,672
Feb 201407,43697.406.19$46,044
Jan 201408,22890.404.86$39,994
Dec 201305,43591.824.35$23,667
Nov 201304,05688.853.74$15,162
Oct 201307,05697.423.78$26,667
Sep 201309,715104.113.72$36,118
Aug 2013010,551104.253.52$37,167
Jul 201308,833102.523.72$32,839
Jun 201307,72194.403.93$30,370
May 201308,00694.834.15$33,218
Apr 201309,65993.964.28$41,366
Mar 2013011,29393.623.91$44,188
Feb 201309,79391.233.42$33,491
Jan 2013010,37291.603.42$35,471
Dec 2012013,31486.773.42$45,536
Nov 2012014,82286.953.62$53,729
Oct 2012212,00589.383.40$40,992
Sep 2012011,90094.672.92$34,729
Aug 2012014,24192.662.91$41,415
Jul 2012015,85785.133.02$47,901
Jun 2012016,27379.822.52$40,992
May 2012016,90891.612.49$42,073
Apr 2012018,435101.652.00$36,811
Mar 201202,860105.052.22$6,355
Feb 201200101.102.57$0
Jan 20124098.092.73$392
Dec 2011022,79996.873.24$73,863
Nov 2011029,31795.723.31$97,077
Oct 2011017,04984.983.65$62,204
Sep 2011023,80583.623.99$94,882
Aug 201105,84183.404.15$24,236
Jul 2011013,83594.144.52$62,496
Jun 2011012,54192.904.64$58,189
May 2011012,32298.134.40$54,276
Apr 2011018,723105.964.33$81,132
Mar 201108,92596.364.06$36,212
Feb 201107,80885.644.18$32,637
Jan 2011022,27986.504.59$102,233
Dec 2010018,74485.734.35$81,494
Nov 2010017,70480.843.80$67,193
Oct 2010016,49978.103.51$57,893
Sep 2010019,46872.633.98$77,472
Aug 2010025,42773.684.42$112,371
Jul 2010022,32572.554.74$105,742
Jun 2010024,27070.364.91$119,175
May 2010027,41171.124.24$116,092
Apr 2010128,69181.694.12$118,366
Mar 2010132,77778.394.39$143,926
Feb 2010033,12573.585.44$180,278
Jan 20101441,74374.365.96$250,000
Dec 2009143,53071.445.48$238,779
Nov 20090074.593.75$0
Oct 20090072.544.11$0
Sep 20090065.543.06$0
Aug 20090067.423.22$0
Jul 20090061.133.46$0
Jun 2009016,14966.163.90$62,900
May 2009029,77454.743.93$116,885
Apr 20090046.773.59$0
Mar 20090042.144.06$0
Feb 20090032.814.63$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                2,920 Mcf  × $  3.05 =     $8,894

────────────────────────────────────────────────────
Month total                                   $8,894

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/252269 is the state's own key, not one this site invented.