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 261434District 09Field 652802002 tax incentive programmesCondensateGasSaveExport
Value, all time
$6.4 M
Feb 2011 – May 2026
Value, last 12 filed months
$211 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 Gas112011-12-09202623
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
CondensateDisposition10,178 bbl$771,489
GasProduction1,661,849 Mcf$5,673,718
Total$6,445,207

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 33.2690, -97.4046. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

33.26898, -97.40455 · 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
8,018 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 8,018 ft.

Completions filed
Dec 2025
1 of 1 wells

1 well

42-4973716415H8,018 ftDec 2025

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 2026475,813106.413.05$22,707
Apr 202605,32298.932.87$15,273
Mar 202605,49489.753.15$17,303
Feb 202604,67463.503.75$17,529
Jan 2026542,36259.138.00$22,084
Dec 2025521,39756.664.41$9,112
Nov 202502,33258.593.93$9,156
Oct 202505,46659.383.30$18,064
Sep 202505,66962.743.08$17,443
Aug 2025506,28963.933.01$22,156
Jul 202506,01666.743.32$19,944
Jun 2025555,38166.483.13$20,492
May 202505,66260.553.23$18,301
Apr 2025525,14962.363.54$21,486
Mar 202505,30467.704.27$22,639
Feb 2025535,04470.884.34$25,652
Jan 2025545,76874.324.28$28,693
Dec 202405,49568.993.12$17,152
Nov 2024535,60869.052.20$15,989
Oct 202406,23871.372.28$14,231
Sep 202405,69469.612.36$13,463
Aug 2024525,12975.632.06$14,517
Jul 202405,62979.932.15$12,083
Jun 202405,61278.082.63$14,782
May 2024465,77078.812.20$16,310
Apr 202405,60884.451.66$9,305
Mar 2024525,87480.301.55$13,252
Feb 2024535,45476.091.78$13,761
Jan 2024536,02273.023.30$23,729
Dec 202305,70271.262.61$14,886
Nov 2023525,56477.892.81$19,672
Oct 202305,50385.443.09$16,989
Sep 2023524,90289.042.74$18,037
Aug 202305,42280.522.67$14,492
Jul 202305,37974.852.64$14,210
Jun 2023504,96068.962.26$14,650
May 202305,11270.622.23$11,386
Apr 202305,16178.122.24$11,549
Mar 2023545,75572.852.39$17,707
Feb 2023515,63475.112.47$17,722
Jan 202306,09876.533.39$20,658
Dec 2022514,81876.415.73$31,500
Nov 2022534,07385.005.65$27,502
Oct 202204,41087.185.86$25,859
Sep 202204,74784.888.16$38,753
Aug 202204,18794.529.13$38,215
Jul 202204,320101.587.54$32,582
Jun 202203,751115.097.98$29,922
May 202202,514109.378.43$21,201
Apr 202202,316104.226.84$15,836
Mar 202201,790108.885.08$9,087
Feb 2022064391.054.86$3,124
Jan 202206381.844.54$286
Dec 2021511,00571.323.90$7,556
Nov 202106,90577.435.24$36,160
Oct 2021517,06779.795.71$44,449
Sep 202107,28769.865.35$38,992
Aug 202107,32366.024.22$30,907
Jul 2021517,48870.783.98$33,428
Jun 202106,50969.493.38$22,004
May 2021507,00963.483.02$24,325
Apr 202106,76860.362.76$18,669
Mar 2021496,16961.302.72$19,765
Feb 2021513,33357.805.55$21,439
Jan 2021516,90250.412.81$21,967
Dec 202006,68044.642.68$17,872
Nov 20205110,25238.772.71$29,725
Oct 20205013,16636.972.48$34,480
Sep 202008,89937.091.99$17,718
Aug 2020518,07339.982.39$21,294
Jul 202007,13838.371.83$13,028
Jun 2020447,57034.901.69$14,331
May 202007,75716.921.81$14,077
Apr 2020507,52914.751.80$14,323
Mar 202007,79730.341.86$14,473
Feb 2020547,50049.881.98$17,549
Jan 2020547,17257.252.09$18,115
Dec 201906,27459.012.30$14,458
Nov 2019447,72355.302.75$23,677
Oct 201908,30653.472.42$20,088
Sep 201908,36755.052.66$22,233
Aug 2019328,71853.112.30$21,789
Jul 201908,54156.272.46$21,011
Jun 201908,39352.782.49$20,909
May 2019408,65958.482.74$26,068
Apr 2019408,53862.632.75$25,991
Mar 201907,63156.803.06$23,367
Feb 201907,14950.852.79$19,962
Jan 2019456,62846.033.23$23,468
Dec 2018437,63646.594.19$33,963
Nov 201807,06452.934.24$29,932
Oct 201807,85161.443.40$26,678
Sep 2018266,84959.543.11$22,835
Aug 201806,60759.403.07$20,261
Jul 201803,68265.142.93$10,795
Jun 201883,90960.183.08$12,509
May 2018123,69565.382.90$11,503
Apr 201803,21063.842.90$9,312
Mar 201802,33861.222.79$6,516
Feb 2018412,16761.782.77$8,527
Jan 201801,16262.874.01$4,659
Dec 201702,55757.272.92$7,470
Nov 2017017655.423.12$549
Oct 201706049.292.98$179
Sep 2017016847.523.09$519
Aug 2017444,13745.373.00$14,425
Jul 2017516,61343.873.09$22,654
Jun 201709,56042.493.09$29,514
May 2017614,12545.373.26$16,229
Apr 2017015,96047.933.21$51,257
Mar 20175912,26046.772.98$39,339
Feb 2017587,41650.452.95$24,823
Jan 20175312,30349.413.42$44,680
Dec 20165813,40148.763.72$52,718
Nov 2016587,90942.492.64$23,379
Oct 201609,48246.193.09$29,302
Sep 2016579,18741.553.10$30,854
Aug 2016538,89941.442.92$28,220
Jul 201606,22041.622.92$18,189
Jun 2016465,37945.352.69$16,533
May 2016478,03542.521.99$17,996
Apr 2016459,07136.561.99$19,706
Mar 2016459,57733.011.79$18,667
Feb 201606,57126.472.06$13,560
Jan 2016457,54727.352.36$19,075
Dec 2015467,63432.362.00$16,767
Nov 2015455,65938.792.17$14,010
Oct 2015526,18943.552.43$17,283
Sep 2015706,70342.992.76$21,499
Aug 20151659,30140.162.87$33,343
Jul 2015010,05248.152.95$29,604
Jun 20151758,75456.152.88$35,063
May 20151801,99755.212.96$15,840
Apr 20151784,47349.822.71$20,974
Mar 201518614,36842.892.93$50,143
Feb 2015012,16944.662.98$36,217
Jan 201536413,97143.433.10$59,127
Dec 201418313,84154.693.59$59,716
Nov 201415013,70370.464.25$68,832
Oct 201410313,62778.303.90$61,223
Sep 20145313,57186.164.05$59,467
Aug 20145413,72889.394.04$60,221
Jul 20145413,99796.564.18$63,716
Jun 20145313,74198.164.74$70,292
May 20145212,39494.734.73$63,507
Apr 201410912,25795.944.81$69,403
Mar 201410913,14295.895.06$76,908
Feb 20145413,84197.406.19$90,963
Jan 201410514,36690.404.86$79,321
Dec 2013013,56491.824.35$59,064
Nov 20135211,75788.853.74$48,571
Oct 20135411,29397.423.78$47,941
Sep 2013548,437104.113.72$36,989
Aug 20137111,486104.253.52$47,862
Jul 20135312,139102.523.72$50,563
Jun 201310613,26294.403.93$62,171
May 20135514,35894.834.15$64,788
Apr 201312413,75293.964.28$70,545
Mar 201312414,56193.623.91$68,584
Feb 20136413,54791.233.42$52,168
Jan 201314814,64591.603.42$63,641
Dec 20126313,39986.773.42$51,293
Nov 201212615,08586.953.62$65,638
Oct 201212516,60089.383.40$67,607
Sep 20126316,18894.672.92$53,207
Aug 201218914,06092.662.91$58,401
Jul 201212215,56785.133.02$57,411
Jun 201212319,00379.822.52$57,687
May 201212718,94991.612.49$58,786
Apr 201219920,688101.652.00$61,538
Mar 201225621,313105.052.22$74,252
Feb 201213421,440101.102.57$68,653
Jan 201218722,59198.092.73$80,108
Dec 201114023,57296.873.24$89,929
Nov 201123324,86695.723.31$104,641
Oct 201113829,62284.983.65$119,804
Sep 201118225,75383.623.99$117,865
Aug 201125927,94183.404.15$137,537
Jul 201127231,11194.144.52$166,142
Jun 201127333,62192.904.64$181,359
May 201141142,08998.134.40$225,726
Apr 201120337,005105.964.33$181,863
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            47 bbl  × $106.41 =     $5,001
Gas                5,813 Mcf  × $  3.05 =    $17,705

────────────────────────────────────────────────────
Month total                                  $22,707

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/261434 is the state's own key, not one this site invented.