RATER BROTHERS

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 261228District 09Field 652802002 tax incentive programmesCondensateGasSaveExport
Value, all time
$4.9 M
Mar 2011 – May 2026
Value, last 12 filed months
$63 k
at the published price for each month
Months reported
183
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 Gas112011-12-08203907
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
CondensateDisposition23,366 bbl$1,988,616
GasProduction891,921 Mcf$2,939,744
Total$4,928,361

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 33.4965, -97.6277. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

33.49652, -97.62773 · 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
7,198 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 7,198 ft.

Completions filed
Jun 2011
1 of 1 wells

1 well

42-337345681H7,198 ftJun 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 (183)

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

183 months

May 202602,155106.413.05$6,564
Apr 2026083598.932.87$2,396
Mar 202601,20489.753.15$3,792
Feb 2026062863.503.75$2,355
Jan 2026069959.138.00$5,591
Dec 202501,19656.664.41$5,278
Nov 202501,22058.593.93$4,790
Oct 2025079459.383.30$2,624
Sep 202502,38962.743.08$7,351
Aug 202503,29763.933.01$9,940
Jul 202501,22266.743.32$4,051
Jun 202502,61166.483.13$8,169
May 202502,74660.553.23$8,876
Apr 20251772,83362.363.54$21,075
Mar 202502,64267.704.27$11,277
Feb 202502,42570.884.34$10,527
Jan 202502,89674.324.28$12,391
Dec 202403,08368.993.12$9,623
Nov 202403,19869.052.20$7,031
Oct 202403,28771.372.28$7,499
Sep 202403,19869.612.36$7,561
Aug 202403,43675.632.06$7,091
Jul 202403,43079.932.15$7,363
Jun 202403,29078.082.63$8,666
May 20241773,45178.812.20$21,536
Apr 202403,11184.451.66$5,162
Mar 202403,20680.301.55$4,954
Feb 202403,06676.091.78$5,469
Jan 202403,34373.023.30$11,024
Dec 202303,62871.262.61$9,472
Nov 20231703,48777.892.81$23,031
Oct 202303,55185.443.09$10,963
Sep 202303,40189.042.74$9,302
Aug 202303,57580.522.67$9,556
Jul 202303,58974.852.64$9,481
Jun 202304,00668.962.26$9,047
May 202303,88670.622.23$8,656
Apr 20231723,41978.122.24$21,088
Mar 20231683,43372.852.39$20,455
Feb 202303,31875.112.47$8,181
Jan 202304,07076.533.39$13,788
Dec 202202,07376.415.73$11,876
Nov 202203,07985.005.65$17,385
Oct 202203,36287.185.86$19,714
Sep 202203,27884.888.16$26,761
Aug 202203,13694.529.13$28,623
Jul 20221663,326101.587.54$41,947
Jun 202203,404115.097.98$27,154
May 202203,922109.378.43$33,074
Apr 20221663,695104.226.84$42,565
Mar 202203,681108.885.08$18,686
Feb 202202,91391.054.86$14,154
Jan 202203,69681.844.54$16,771
Dec 202103,39971.323.90$13,253
Nov 202103,11777.435.24$16,323
Oct 20211663,41979.795.71$32,781
Sep 202102,90469.865.35$15,539
Aug 202103,54066.024.22$14,941
Jul 202103,85070.783.98$15,331
Jun 202103,76469.493.38$12,725
May 202103,88563.483.02$11,724
Apr 202103,63560.362.76$10,027
Mar 202103,32761.302.72$9,039
Feb 202102,07557.805.55$11,512
Jan 20211672,97650.412.81$16,782
Dec 202003,46144.642.68$9,260
Nov 202003,33338.772.71$9,021
Oct 202003,76536.972.48$9,331
Sep 202003,73237.091.99$7,431
Aug 20201714,48339.982.39$17,529
Jul 202004,51838.371.83$8,246
Jun 202004,37334.901.69$7,392
May 202004,80716.921.81$8,724
Apr 202005,60014.751.80$10,105
Mar 20201775,81430.341.86$16,162
Feb 202005,66549.881.98$11,221
Jan 202006,12157.252.09$12,822
Dec 201906,29159.012.30$14,497
Nov 201906,89955.302.75$18,977
Oct 20191715,21553.472.42$21,756
Sep 20190155.052.66$3
Aug 20190253.112.30$5
Jul 20190756.272.46$17
Jun 20190052.782.49$0
May 201901,90658.482.74$5,223
Apr 201903,44362.632.75$9,471
Mar 2019081456.803.06$2,493
Feb 20190050.852.79$0
Jan 2019047946.033.23$1,546
Dec 2018025146.594.19$1,051
Nov 2018087352.934.24$3,699
Oct 201804,85561.443.40$16,498
Sep 201804,27959.543.11$13,299
Aug 201806,68659.403.07$20,503
Jul 201801,04665.142.93$3,067
Jun 2018085960.183.08$2,643
May 201804,49265.382.90$13,030
Apr 201805763.842.90$165
Mar 20181643,90161.222.79$20,912
Feb 201805,64661.782.77$15,618
Jan 201807,14062.874.01$28,627
Dec 20171767,17857.272.92$31,050
Nov 201707,32955.423.12$22,854
Oct 201707,22549.292.98$21,557
Sep 201707,29047.523.09$22,506
Aug 201707,71645.373.00$23,182
Jul 20171767,92543.873.09$32,188
Jun 201707,64542.493.09$23,602
May 201708,14645.373.26$26,584
Apr 201708,13947.933.21$26,139
Mar 201708,46446.772.98$25,254
Feb 20171707,59450.452.95$30,999
Jan 201708,68249.413.42$29,682
Dec 201608,50948.763.72$31,678
Nov 20161738,30042.492.64$29,299
Oct 201608,73246.193.09$26,984
Sep 20161768,82341.553.10$34,670
Aug 20161729,96341.442.92$36,263
Jul 2016099641.622.92$2,913
Jun 201605,02545.352.69$13,496
May 201607,88442.521.99$15,697
Apr 201607,06636.561.99$14,069
Mar 201608,02333.011.79$14,393
Feb 201607,47726.472.06$15,430
Jan 20161697,88027.352.36$23,253
Dec 201508,08032.362.00$16,171
Nov 201508,27638.792.17$17,937
Oct 201508,81043.552.43$21,378
Sep 201507,87542.992.76$21,723
Aug 20151639,30240.162.87$33,266
Jul 20151629,89948.152.95$36,954
Jun 201519,51256.152.88$27,478
May 20151659,48155.212.96$37,130
Apr 2015110,00249.822.71$27,121
Mar 20153399,31942.892.93$41,888
Feb 201528,57044.662.98$25,595
Jan 201538,49543.433.10$26,470
Dec 20141746,76454.693.59$33,808
Nov 201406,81470.464.25$28,972
Oct 20141666,95578.303.90$40,129
Sep 201407,11686.164.05$28,787
Aug 201407,62189.394.04$30,752
Jul 20143427,85896.564.18$65,867
Jun 201407,93898.164.74$37,601
May 201418,59494.734.73$40,715
Apr 20141715,61095.944.81$43,385
Mar 201404,93595.895.06$24,955
Feb 20143424,71597.406.19$62,506
Jan 20141724,83590.404.86$39,050
Dec 201305,62491.824.35$24,490
Nov 20133416,00588.853.74$52,746
Oct 201306,69497.423.78$25,299
Sep 20131737,018104.113.72$44,102
Aug 20131687,505104.253.52$43,951
Jul 20131677,532102.523.72$45,123
Jun 20133507,40794.403.93$62,175
May 20131738,04194.834.15$49,768
Apr 20131758,35593.964.28$52,224
Mar 20131709,49393.623.91$53,060
Feb 20135127,55291.233.42$72,537
Jan 20131663,26891.603.42$26,382
Dec 20123445,01086.773.42$46,984
Nov 20121724,88486.953.62$32,660
Oct 20123435,57889.383.40$49,621
Sep 20123505,75994.672.92$49,942
Aug 20123286,19092.662.91$48,394
Jul 20125066,81985.133.02$63,675
Jun 20125196,65879.822.52$58,198
May 20125167,16891.612.49$65,107
Apr 20124897,219101.652.00$64,122
Mar 20126887,257105.052.22$88,400
Feb 20125116,727101.102.57$68,952
Jan 20128617,66698.092.73$105,415
Dec 20118596,88796.873.24$105,523
Nov 20111,0266,88795.723.31$121,014
Oct 20111,2027,61984.983.65$129,944
Sep 20111,5357,86683.623.99$159,709
Aug 20111,8878,30483.404.15$191,832
Jul 20112,2057,71094.144.52$242,407
Jun 20111,0021,30892.904.64$99,155
May 20110098.134.40$0
Apr 201100105.964.33$0
Mar 20110096.364.06$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                2,155 Mcf  × $  3.05 =     $6,564

────────────────────────────────────────────────────
Month total                                   $6,564

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/261228 is the state's own key, not one this site invented.