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 253148District 09Field 65280200CondensateGasSave
Value, all time
$14.5 M
Jun 2009 – May 2026
Value, last 12 filed months
$419 k
at the published price for each month
Months reported
204
no gaps in the span
Streams
2
condensate, gas

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
CondensateDisposition50 bbl$3,516
GasProduction3,866,434 Mcf$14,455,581
Total$14,459,097

Every month this lease reported (204)

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

204 months

May 202608,853106.413.05$26,965
Apr 2026017,12598.932.87$49,144
Mar 2026017,33789.753.15$54,602
Feb 202607,79963.503.75$29,249
Jan 202607,02159.138.00$56,153
Dec 202508,57056.664.41$37,823
Nov 202508,33058.593.93$32,707
Oct 202508,40659.383.30$27,780
Sep 202508,27062.743.08$25,446
Aug 202508,53063.933.01$25,716
Jul 202508,45166.743.32$28,017
Jun 202508,26766.483.13$25,865
May 202508,24760.553.23$26,657
Apr 202508,00762.363.54$28,370
Mar 202508,33967.704.27$35,594
Feb 202507,90070.884.34$34,293
Jan 202508,72474.324.28$37,327
Dec 202408,56868.993.12$26,744
Nov 202408,44369.052.20$18,561
Oct 202409,29871.372.28$21,212
Sep 202408,52769.612.36$20,161
Aug 202408,96575.632.06$18,500
Jul 202409,06279.932.15$19,452
Jun 202408,58278.082.63$22,605
May 202409,14878.812.20$20,111
Apr 202408,95584.451.66$14,858
Mar 202408,90480.301.55$13,758
Feb 202408,29076.091.78$14,786
Jan 202409,23173.023.30$30,441
Dec 202309,13971.262.61$23,859
Nov 202308,90077.892.81$24,987
Oct 202309,44785.443.09$29,166
Sep 202309,23489.042.74$25,255
Aug 202309,61780.522.67$25,705
Jul 202309,76174.852.64$25,787
Jun 202309,70768.962.26$21,923
May 2023010,38670.622.23$23,134
Apr 202309,82478.122.24$21,984
Mar 2023010,29972.852.39$24,647
Feb 202309,37475.112.47$23,113
Jan 2023010,93976.533.39$37,058
Dec 2022010,58176.415.73$60,619
Nov 2022010,25985.005.65$57,924
Oct 2022010,58387.185.86$62,056
Sep 2022010,59684.888.16$86,502
Aug 2022010,77494.529.13$98,336
Jul 2022010,948101.587.54$82,571
Jun 2022010,732115.097.98$85,611
May 2022011,001109.378.43$92,772
Apr 2022010,165104.226.84$69,504
Mar 2022010,698108.885.08$54,307
Feb 202209,68291.054.86$47,043
Jan 2022011,05981.844.54$50,182
Dec 2021011,05171.323.90$43,089
Nov 2021010,65577.435.24$55,799
Oct 2021011,34379.795.71$64,812
Sep 2021010,74769.865.35$57,506
Aug 2021011,73666.024.22$49,533
Jul 2021011,84970.783.98$47,184
Jun 2021011,38569.493.38$38,488
May 2021011,86563.483.02$35,805
Apr 2021011,55660.362.76$31,876
Mar 2021012,07261.302.72$32,799
Feb 2021011,40457.805.55$63,269
Jan 2021012,17150.412.81$34,204
Dec 2020012,16444.642.68$32,544
Nov 2020011,92538.772.71$32,276
Oct 2020012,23136.972.48$30,314
Sep 2020011,88437.091.99$23,662
Aug 2020012,49239.982.39$29,795
Jul 2020012,89338.371.83$23,531
Jun 2020012,68634.901.69$21,443
May 2020012,98216.921.81$23,559
Apr 2020012,61314.751.80$22,759
Mar 2020012,25330.341.86$22,744
Feb 2020011,71149.881.98$23,196
Jan 2020013,20857.252.09$27,667
Dec 2019013,88759.012.30$32,001
Nov 2019014,13655.302.75$38,884
Oct 2019015,02253.472.42$36,331
Sep 2019014,46155.052.66$38,427
Aug 2019014,91253.112.30$34,363
Jul 2019014,67056.272.46$36,089
Jun 2019014,58352.782.49$36,329
May 2019015,04858.482.74$41,236
Apr 2019014,71162.632.75$40,466
Mar 2019015,27256.803.06$46,764
Feb 2019013,81150.852.79$38,563
Jan 2019015,54246.033.23$50,172
Dec 2018015,80946.594.19$66,168
Nov 2018015,68252.934.24$66,448
Oct 2018016,38961.443.40$55,691
Sep 2018015,58059.543.11$48,423
Aug 2018016,07259.403.07$49,286
Jul 2018016,28565.142.93$47,746
Jun 2018016,08960.183.08$49,505
May 2018017,15965.382.90$49,775
Apr 2018017,91263.842.90$51,959
Mar 2018018,79061.222.79$52,365
Feb 2018015,92461.782.77$44,048
Jan 2018017,99462.874.01$72,144
Dec 2017018,06257.272.92$52,768
Nov 2017017,11055.423.12$53,355
Oct 2017018,12449.292.98$54,076
Sep 2017017,88247.523.09$55,207
Aug 2017018,14645.373.00$54,518
Jul 2017017,54743.873.09$54,173
Jun 2017017,96942.493.09$55,475
May 2017019,08045.373.26$62,266
Apr 2017018,11247.933.21$58,169
Mar 2017018,71846.772.98$55,849
Feb 2017016,71950.452.95$49,365
Jan 2017018,53849.413.42$63,378
Dec 2016017,29348.763.72$64,379
Nov 2016017,16142.492.64$45,380
Oct 2016017,87246.193.09$55,229
Sep 2016019,06941.553.10$59,126
Aug 2016119,47841.442.92$57,002
Jul 2016019,11041.622.92$55,884
Jun 2016019,15445.352.69$51,444
May 2016019,31342.521.99$38,453
Apr 2016018,60436.561.99$37,041
Mar 2016014,13433.011.79$25,357
Feb 201603,09526.472.06$6,387
Jan 2016018727.352.36$442
Dec 2015010,00032.362.00$20,014
Nov 2015020,86438.792.17$45,219
Oct 2015022,02243.552.43$53,438
Sep 2015021,76742.992.76$60,043
Aug 2015423,10340.162.87$66,524
Jul 2015023,08348.152.95$67,981
Jun 2015022,20556.152.88$64,014
May 2015023,14055.212.96$68,389
Apr 2015022,95949.822.71$62,140
Mar 2015024,42742.892.93$71,686
Feb 2015021,34544.662.98$63,527
Jan 2015023,33543.433.10$72,353
Dec 2014023,61654.693.59$84,814
Nov 2014023,63670.464.25$100,496
Oct 2014025,15678.303.90$98,133
Sep 2014024,65686.164.05$99,744
Aug 2014025,53489.394.04$103,033
Jul 2014026,13896.564.18$109,246
Jun 2014025,35698.164.74$120,108
May 2014026,91794.734.73$127,225
Apr 2014026,55995.944.81$127,725
Mar 2014027,46695.895.06$138,890
Feb 2014023,90597.406.19$148,020
Jan 2014027,48490.404.86$133,592
Dec 2013028,89491.824.35$125,818
Nov 2013026,71688.853.74$99,872
Oct 2013029,55697.423.78$111,703
Sep 2013026,601104.113.72$98,896
Aug 2013028,946104.253.52$101,965
Jul 2013030,617102.523.72$113,826
Jun 2013028,56894.403.93$112,370
May 2013028,43594.834.15$117,979
Apr 2013022,85793.964.28$97,887
Mar 2013022,76493.623.91$89,073
Feb 2013023,62091.233.42$80,778
Jan 2013026,45291.603.42$90,463
Dec 2012026,50986.773.42$90,665
Nov 2012025,70786.953.62$93,187
Oct 2012128,73489.383.40$97,776
Sep 2012028,77694.672.92$83,980
Aug 2012023,53292.662.91$68,435
Jul 2012025,18785.133.02$76,085
Jun 2012023,12979.822.52$58,263
May 2012022,91591.612.49$57,020
Apr 2012019,297101.652.00$38,532
Mar 2012014,975105.052.22$33,276
Feb 201200101.102.57$0
Jan 20121098.092.73$98
Dec 2011058496.873.24$1,892
Nov 2011058395.723.31$1,930
Oct 2011012,92984.983.65$47,172
Sep 2011024,71883.623.99$98,521
Aug 2011029,12183.404.15$120,832
Jul 2011026,70794.144.52$120,642
Jun 2011023,11492.904.64$107,246
May 2011030,71198.134.40$135,276
Apr 2011030,309105.964.33$131,337
Mar 2011036,78796.364.06$149,257
Feb 2011038,41885.644.18$160,586
Jan 2011014,71886.504.59$67,538
Dec 2010034,73485.734.35$151,015
Nov 2010034,74880.843.80$131,880
Oct 2010039,70478.103.51$139,317
Sep 2010037,65772.633.98$149,855
Aug 2010048,69873.684.42$215,214
Jul 2010052,28972.554.74$247,666
Jun 2010054,30970.364.91$266,679
May 2010059,89171.124.24$253,652
Apr 2010062,30081.694.12$256,844
Mar 20101108,75978.394.39$477,386
Feb 2010071,62773.585.44$389,820
Jan 2010294,76674.365.96$565,342
Dec 200917109,97271.445.48$604,273
Nov 20098174.593.75$600
Oct 200915072.544.11$1,088
Sep 2009015665.543.06$478
Aug 2009089,71767.423.22$288,754
Jul 20090061.133.46$0
Jun 20090066.163.90$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                8,853 Mcf  × $  3.05 =    $26,965

────────────────────────────────────────────────────
Month total                                  $26,965

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/253148 is the state's own key, not one this site invented.