COLE, M.T.

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 261227District 09Field 652802002 tax incentive programmesCondensateGasSaveExport
Value, all time
$7.3 M
Feb 2011 – May 2026
Value, last 12 filed months
$329 k
at the published price for each month
Months reported
184
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 Gas112011-11-14202478
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
CondensateDisposition9,798 bbl$744,336
GasProduction1,982,377 Mcf$6,570,950
Total$7,315,286

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 33.2678, -97.4059. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

33.26784, -97.40592 · 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
8,060 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 8,060 ft.

Completions filed
Feb 2011
1 of 1 wells

1 well

42-4973716213H8,060 ftFeb 2011

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 (184)

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

184 months

May 2026486,131106.413.05$23,782
Apr 202605,74998.932.87$16,498
Mar 202606,62389.753.15$20,859
Feb 202603,65863.503.75$13,719
Jan 2026555,59259.138.00$47,977
Dec 2025728,95256.664.41$43,588
Nov 202508,30558.593.93$32,609
Oct 202507,45859.383.30$24,648
Sep 202507,33862.743.08$22,578
Aug 2025707,91863.933.01$28,346
Jul 202507,89866.743.32$26,183
Jun 2025777,54066.483.13$28,710
May 202508,03260.553.23$25,962
Apr 2025728,25362.363.54$33,731
Mar 202508,48567.704.27$36,217
Feb 2025737,71370.884.34$38,655
Jan 2025758,69674.324.28$42,781
Dec 202408,57768.993.12$26,772
Nov 2024738,47869.052.20$23,679
Oct 202408,14971.372.28$18,591
Sep 202408,38669.612.36$19,828
Aug 2024728,93675.632.06$23,886
Jul 202408,83079.932.15$18,954
Jun 202408,23778.082.63$21,696
May 2024648,48678.812.20$23,700
Apr 202407,82484.451.66$12,982
Mar 2024728,24980.301.55$18,527
Feb 2024738,18876.091.78$20,159
Jan 2024748,40273.023.30$33,110
Dec 202309,12871.262.61$23,831
Nov 2023729,15277.892.81$31,303
Oct 202309,57885.443.09$29,570
Sep 2023729,06989.042.74$31,215
Aug 202309,32680.522.67$24,927
Jul 202309,54574.852.64$25,216
Jun 2023699,19968.962.26$25,534
May 202309,96870.622.23$22,203
Apr 202309,70278.122.24$21,711
Mar 2023759,47972.852.39$28,149
Feb 2023718,02775.112.47$25,125
Jan 202308,09276.533.39$27,413
Dec 2022718,45176.415.73$53,842
Nov 2022738,73985.005.65$55,547
Oct 202208,79887.185.86$51,589
Sep 202207,76284.888.16$63,366
Aug 202207,57094.529.13$69,093
Jul 202207,745101.587.54$58,413
Jun 202206,761115.097.98$53,934
May 202204,830109.378.43$40,732
Apr 202204,552104.226.84$31,125
Mar 202202,612108.885.08$13,260
Feb 2022086191.054.86$4,183
Jan 202208781.844.54$395
Dec 2021711,36671.323.90$10,390
Nov 202109,99177.435.24$52,321
Oct 20217010,66179.795.71$66,501
Sep 2021010,68169.865.35$57,153
Aug 2021011,15466.024.22$47,076
Jul 20217011,60670.783.98$51,171
Jun 2021011,90069.493.38$40,229
May 20216911,54163.483.02$39,207
Apr 2021011,61360.362.76$32,034
Mar 20216911,78861.302.72$36,257
Feb 2021717,49857.805.55$45,702
Jan 20217112,56350.412.81$38,885
Dec 2020013,04944.642.68$34,912
Nov 20207116,88838.772.71$48,461
Oct 20206921,90036.972.48$56,829
Sep 2020012,66237.091.99$25,211
Aug 20207111,82539.982.39$31,042
Jul 2020013,80638.371.83$25,198
Jun 20207312,95134.901.69$24,439
May 2020013,09416.921.81$23,762
Apr 20208212,79114.751.80$24,289
Mar 2020013,65830.341.86$25,352
Feb 20207811,83049.881.98$27,322
Jan 20207713,59357.252.09$32,882
Dec 2019013,97059.012.30$32,192
Nov 20197212,01755.302.75$37,037
Oct 2019013,40953.472.42$32,430
Sep 2019013,61455.052.66$36,176
Aug 20197412,68853.112.30$33,168
Jul 2019012,02556.272.46$29,582
Jun 201908,17452.782.49$20,363
May 20195011,19658.482.74$33,605
Apr 20196311,64562.632.75$35,978
Mar 2019010,72556.803.06$32,841
Feb 201908,58850.852.79$23,980
Jan 2019958,61746.033.23$32,190
Dec 20181079,35046.594.19$44,119
Nov 201808,73352.934.24$37,004
Oct 201808,51961.443.40$28,948
Sep 2018858,79459.543.11$32,393
Aug 201809,06659.403.07$27,801
Jul 201803,85065.142.93$11,288
Jun 201899,17360.183.08$28,766
May 2018139,14665.382.90$27,381
Apr 201807,52263.842.90$21,820
Mar 201806,28161.222.79$17,504
Feb 2018454,73961.782.77$15,889
Jan 2018053262.874.01$2,133
Dec 2017056857.272.92$1,659
Nov 201702,25255.423.12$7,023
Oct 2017071749.292.98$2,139
Sep 2017134947.523.09$1,125
Aug 2017535,66045.373.00$19,410
Jul 2017667,37843.873.09$25,673
Jun 2017035342.493.09$1,090
May 2017795,47445.373.26$21,448
Apr 201705,53947.933.21$17,789
Mar 2017759,55846.772.98$32,026
Feb 20177110,27350.452.95$33,914
Jan 20176111,07849.413.42$40,887
Dec 20166311,11048.763.72$44,433
Nov 20166510,02342.492.64$29,266
Oct 201609,43046.193.09$29,141
Sep 2016698,87841.553.10$30,394
Aug 20167111,66941.442.92$37,066
Jul 2016012,06141.622.92$35,270
Jun 20169112,15845.352.69$36,781
May 2016938,86942.521.99$21,613
Apr 20168913,75236.561.99$30,635
Mar 20169013,38733.011.79$26,987
Feb 2016014,33226.472.06$29,576
Jan 20169013,33827.352.36$33,997
Dec 20159115,09832.362.00$33,162
Nov 20159013,29838.792.17$32,312
Oct 20158211,55243.552.43$31,603
Sep 20157011,62742.992.76$35,081
Aug 201578,74140.162.87$25,390
Jul 2015011,21348.152.95$33,023
Jun 2015212,13656.152.88$35,099
May 2015214,19355.212.96$42,057
Apr 2015513,89249.822.71$37,849
Mar 2015311,55542.892.93$34,039
Feb 201507,85344.662.98$23,372
Jan 201549,75443.433.10$30,417
Dec 2014410,26954.693.59$37,098
Nov 20141210,39370.464.25$45,035
Oct 2014649,44078.303.90$41,836
Sep 2014309,08886.164.05$39,350
Aug 20142710,34889.394.04$44,169
Jul 20142710,19996.564.18$45,235
Jun 2014279,93198.164.74$49,692
May 20142613,91094.734.73$68,209
Apr 20145813,24295.944.81$69,247
Mar 20145413,52895.895.06$73,586
Feb 2014295,90197.406.19$39,364
Jan 2014529,54790.404.86$51,106
Dec 2013010,99791.824.35$47,886
Nov 20132612,61688.853.74$49,472
Oct 20132712,86297.423.78$51,240
Sep 20132714,420104.113.72$56,421
Aug 20133514,340104.253.52$54,163
Jul 20132614,810102.523.72$57,725
Jun 20135311,13594.403.93$48,802
May 20133712,46694.834.15$55,231
Apr 201311011,66993.964.28$60,309
Mar 201312412,43693.623.91$60,269
Feb 20136411,50591.233.42$45,185
Jan 201314813,01591.603.42$58,067
Dec 2012631,93186.773.42$12,071
Nov 20121265,02886.953.62$29,182
Oct 201212514,41689.383.40$60,182
Sep 20126316,67294.672.92$54,620
Aug 201218919,80692.662.91$75,112
Jul 201212220,85085.133.02$73,370
Jun 201212314,01279.822.52$45,115
May 201212717,60991.612.49$55,451
Apr 201219922,854101.652.00$65,863
Mar 201225623,149105.052.22$78,332
Feb 201213421,714101.102.57$69,358
Jan 201219923,88598.092.73$84,823
Dec 201127626,09296.873.24$111,267
Nov 201124725,83495.723.31$109,186
Oct 201116518,39884.983.65$81,148
Sep 201118623,50383.623.99$109,232
Aug 201130726,83583.404.15$136,951
Jul 201127231,16294.144.52$166,372
Jun 201131829,64092.904.64$167,068
May 201141534,29598.134.40$191,787
Apr 201121830,609105.964.33$155,737
Mar 20110096.364.06$0
Feb 20110085.644.18$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            48 bbl  × $106.41 =     $5,108
Gas                6,131 Mcf  × $  3.05 =    $18,674

────────────────────────────────────────────────────
Month total                                  $23,782

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/261227 is the state's own key, not one this site invented.