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 252273District 09Field 65280200CondensateGasSaveExport
Value, all time
$5.8 M
Feb 2008 – May 2026
Value, last 12 filed months
$115 k
at the published price for each month
Months reported
220
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
CondensateDisposition117 bbl$9,403
GasProduction1,567,699 Mcf$5,802,133
Total$5,811,536

Every month this lease reported (220)

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

220 months

May 202602,244106.413.05$6,835
Apr 202602,22298.932.87$6,377
Mar 202602,58589.753.15$8,141
Feb 202602,50663.503.75$9,398
Jan 202602,50359.138.00$20,019
Dec 202502,83156.664.41$12,494
Nov 202502,70858.593.93$10,633
Oct 202502,67059.383.30$8,824
Sep 202502,53062.743.08$7,785
Aug 202502,59963.933.01$7,835
Jul 202502,67966.743.32$8,881
Jun 202502,61466.483.13$8,178
May 202502,81960.553.23$9,112
Apr 202502,95162.363.54$10,456
Mar 202502,96967.704.27$12,673
Feb 202502,93970.884.34$12,758
Jan 202503,36374.324.28$14,389
Dec 202403,60068.993.12$11,237
Nov 202403,35269.052.20$7,369
Oct 202403,21671.372.28$7,337
Sep 202402,99169.612.36$7,072
Aug 202402,99275.632.06$6,174
Jul 202403,20679.932.15$6,882
Jun 202402,98378.082.63$7,857
May 202403,17178.812.20$6,971
Apr 202403,15084.451.66$5,226
Mar 202402,96180.301.55$4,575
Feb 202402,97576.091.78$5,306
Jan 202403,30773.023.30$10,905
Dec 202303,26871.262.61$8,532
Nov 202303,34377.892.81$9,386
Oct 202303,44085.443.09$10,620
Sep 202303,33989.042.74$9,132
Aug 202303,51780.522.67$9,401
Jul 202303,44674.852.64$9,104
Jun 202303,39068.962.26$7,656
May 202303,44770.622.23$7,678
Apr 202303,25578.122.24$7,284
Mar 202303,51772.852.39$8,417
Feb 202303,20675.112.47$7,905
Jan 202303,67276.533.39$12,440
Dec 202203,45676.415.73$19,800
Nov 202203,47585.005.65$19,621
Oct 202203,42587.185.86$20,083
Sep 202203,35584.888.16$27,389
Aug 202203,36894.529.13$30,740
Jul 202203,394101.587.54$25,598
Jun 202203,432115.097.98$27,378
May 202203,608109.378.43$30,426
Apr 202203,656104.226.84$24,998
Mar 202203,445108.885.08$17,488
Feb 202203,27191.054.86$15,893
Jan 202203,70581.844.54$16,812
Dec 202103,62771.323.90$14,142
Nov 202103,74877.435.24$19,628
Oct 202104,15679.795.71$23,747
Sep 202103,79469.865.35$20,301
Aug 202103,79966.024.22$16,034
Jul 202104,11670.783.98$16,390
Jun 202103,80369.493.38$12,857
May 202103,94963.483.02$11,917
Apr 202104,01960.362.76$11,086
Mar 202104,25761.302.72$11,566
Feb 202103,74257.805.55$20,760
Jan 202103,63150.412.81$10,204
Dec 202003,72444.642.68$9,963
Nov 202003,66438.772.71$9,917
Oct 202003,81636.972.48$9,458
Sep 202003,80537.091.99$7,576
Aug 202003,82039.982.39$9,111
Jul 202003,95538.371.83$7,218
Jun 202003,95734.901.69$6,689
May 202004,01916.921.81$7,293
Apr 202003,96214.751.80$7,149
Mar 202003,64530.341.86$6,766
Feb 202003,59749.881.98$7,124
Jan 202003,78457.252.09$7,927
Dec 201903,93659.012.30$9,070
Nov 201904,27455.302.75$11,756
Oct 201905,13853.472.42$12,426
Sep 201905,40555.052.66$14,363
Aug 201905,04953.112.30$11,635
Jul 201904,79256.272.46$11,789
Jun 201904,94052.782.49$12,307
May 201905,24058.482.74$14,359
Apr 201905,27262.632.75$14,502
Mar 201905,38856.803.06$16,499
Feb 201905,21750.852.79$14,567
Jan 201906,63446.033.23$21,416
Dec 201806,83846.594.19$28,620
Nov 201806,93552.934.24$29,385
Oct 201807,23161.443.40$24,572
Sep 201806,59059.543.11$20,482
Aug 201806,76859.403.07$20,754
Jul 201807,63965.142.93$22,397
Jun 201807,57360.183.08$23,302
May 201807,20065.382.90$20,886
Apr 201807,34763.842.90$21,312
Mar 201806,95661.222.79$19,385
Feb 201804,75961.782.77$13,164
Jan 201806,69362.874.01$26,834
Dec 201707,09057.272.92$20,714
Nov 201707,37755.423.12$23,004
Oct 201708,09949.292.98$24,165
Sep 201708,08847.523.09$24,970
Aug 201709,25245.373.00$27,797
Jul 201708,78743.873.09$27,128
Jun 201708,57142.493.09$26,461
May 201709,97345.373.26$32,546
Apr 201709,66347.933.21$31,034
Mar 2017010,27746.772.98$30,663
Feb 201708,36650.452.95$24,701
Jan 201709,51649.413.42$32,533
Dec 201607,67948.763.72$28,588
Nov 201609,18442.492.64$24,286
Oct 201609,35146.193.09$28,897
Sep 2016010,22841.553.10$31,713
Aug 2016410,66041.442.92$31,339
Jul 2016010,86041.622.92$31,758
Jun 2016011,80045.352.69$31,693
May 2016011,09842.521.99$22,097
Apr 2016010,03536.561.99$19,980
Mar 2016010,44933.011.79$18,746
Feb 2016010,77126.472.06$22,227
Jan 2016010,31027.352.36$24,377
Dec 2015011,18332.362.00$22,382
Nov 2015010,21338.792.17$22,135
Oct 2015010,98443.552.43$26,654
Sep 2015011,25042.992.76$31,032
Aug 2015611,81940.162.87$34,191
Jul 2015012,41648.152.95$36,566
Jun 2015011,92556.152.88$34,378
May 2015010,20855.212.96$30,169
Apr 201508,64749.822.71$23,404
Mar 201508,71342.892.93$25,570
Feb 201507,55144.662.98$22,473
Jan 201507,53643.433.10$23,366
Dec 201408,12554.693.59$29,180
Nov 201409,23470.464.25$39,261
Oct 2014010,16278.303.90$39,642
Sep 2014010,49986.164.05$42,473
Aug 201409,69589.394.04$39,120
Jul 201408,80696.564.18$36,806
Jun 201406,70198.164.74$31,742
May 201408,48494.734.73$40,100
Apr 201409,62995.944.81$46,307
Mar 201408,49195.895.06$42,937
Feb 201409,69397.406.19$60,019
Jan 2014010,47990.404.86$50,935
Dec 201308,61891.824.35$37,527
Nov 201309,00088.853.74$33,645
Oct 201309,66497.423.78$36,524
Sep 2013010,244104.113.72$38,085
Aug 201309,817104.253.52$34,581
Jul 2013010,475102.523.72$38,943
Jun 201308,83894.403.93$34,763
May 2013011,22794.834.15$46,582
Apr 2013011,73793.964.28$50,265
Mar 2013013,99993.623.91$54,776
Feb 2013012,84591.233.42$43,929
Jan 2013015,15791.603.42$51,836
Dec 2012013,22586.773.42$45,232
Nov 2012010,56686.953.62$38,301
Oct 20121610,92289.383.40$38,561
Sep 201207,71094.672.92$22,501
Aug 201209,01892.662.91$26,226
Jul 2012010,53185.133.02$31,812
Jun 2012011,03579.822.52$27,798
May 201207,91291.612.49$19,688
Apr 201205,739101.652.00$11,460
Mar 201200105.052.22$0
Feb 201200101.102.57$0
Jan 201230098.092.73$2,943
Dec 201105,35396.873.24$17,342
Nov 201103,09695.723.31$10,252
Oct 2011015,94984.983.65$58,191
Sep 2011015,52383.623.99$61,872
Aug 201106,64283.404.15$27,560
Jul 201106,54994.144.52$29,583
Jun 201105,46092.904.64$25,334
May 2011028098.134.40$1,233
Apr 201107,386105.964.33$32,006
Mar 2011017,19996.364.06$69,782
Feb 2011015,48385.644.18$64,719
Jan 2011026,04286.504.59$119,501
Dec 2010016,97785.734.35$73,812
Nov 2010018,32180.843.80$69,534
Oct 2010018,86878.103.51$66,206
Sep 2010013,13172.633.98$52,254
Aug 201006,23773.684.42$27,564
Jul 2010019,29372.554.74$91,381
Jun 2010021,55770.364.91$105,853
May 2010022,44471.124.24$95,055
Apr 2010826,23881.694.12$108,825
Mar 2010931,54378.394.39$139,137
Feb 2010032,30473.585.44$175,810
Jan 20104041,60074.365.96$251,081
Dec 2009242,09671.445.48$230,987
Nov 20091074.593.75$75
Oct 20091072.544.11$73
Sep 20090065.543.06$0
Aug 20090067.423.22$0
Jul 20090061.133.46$0
Jun 2009018,86566.163.90$73,479
May 2009032,78854.743.93$128,717
Apr 20090046.773.59$0
Mar 20090042.144.06$0
Feb 20090032.814.63$0
Jan 20090035.865.37$0
Dec 20080037.105.98$0
Nov 20080055.496.86$0
Oct 20080075.246.92$0
Sep 200800101.767.88$0
Aug 200800114.228.48$0
Jul 200800131.0811.39$0
Jun 200800131.3313.03$0
May 200800123.1711.57$0
Apr 200800110.3110.45$0
Mar 200800101.909.66$0
Feb 20080092.538.77$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                2,244 Mcf  × $  3.05 =     $6,835

────────────────────────────────────────────────────
Month total                                   $6,835

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/252273 is the state's own key, not one this site invented.