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 261442District 09Field 652802002 tax incentive programmesCondensateGasSaveExport
Value, all time
$5.7 M
Feb 2011 – May 2026
Value, last 12 filed months
$239 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 Gas112011-12-19202622
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
CondensateDisposition10,486 bbl$847,366
GasProduction1,458,484 Mcf$4,828,516
Total$5,675,882

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 33.2703, -97.4030. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

33.27026, -97.40302 · 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
8,011 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 8,011 ft.

Completions filed
Feb 2011
1 of 1 wells

1 well

42-4973716316H8,011 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 2026594,635106.413.05$20,396
Apr 202604,64198.932.87$13,318
Mar 202604,72989.753.15$14,894
Feb 202601,34163.503.75$5,029
Jan 2026684,35259.138.00$38,828
Dec 2025636,32256.664.41$31,471
Nov 202505,42858.593.93$21,313
Oct 202505,46459.383.30$18,058
Sep 202505,25262.743.08$16,160
Aug 2025615,51163.933.01$20,514
Jul 202505,59066.743.32$18,532
Jun 2025665,16766.483.13$20,554
May 202505,23260.553.23$16,912
Apr 2025635,02462.363.54$21,729
Mar 202505,20067.704.27$22,195
Feb 2025644,33170.884.34$23,337
Jan 2025654,99374.324.28$26,194
Dec 202404,88068.993.12$15,232
Nov 2024644,64169.052.20$14,622
Oct 202405,39971.372.28$12,317
Sep 202405,35469.612.36$12,659
Aug 2024625,60275.632.06$16,250
Jul 202405,23479.932.15$11,235
Jun 202405,04978.082.63$13,299
May 2024565,30478.812.20$16,074
Apr 202405,25484.451.66$8,717
Mar 2024625,33980.301.55$13,228
Feb 2024644,96376.091.78$13,722
Jan 2024645,05373.023.30$21,336
Dec 202305,39471.262.61$14,082
Nov 2023635,32977.892.81$19,869
Oct 202305,81485.443.09$17,949
Sep 2023635,70189.042.74$21,202
Aug 202305,81380.522.67$15,537
Jul 202305,63274.852.64$14,879
Jun 2023605,93168.962.26$17,533
May 202305,10370.622.23$11,366
Apr 202304,94378.122.24$11,061
Mar 2023654,76672.852.39$16,141
Feb 2023624,01575.112.47$14,557
Jan 202302,83176.533.39$9,591
Dec 2022624,17776.415.73$28,668
Nov 2022634,61085.005.65$31,384
Oct 202203,79487.185.86$22,247
Sep 202203,61984.888.16$29,544
Aug 202203,49094.529.13$31,854
Jul 202203,327101.587.54$25,093
Jun 202203,098115.097.98$24,713
May 202202,605109.378.43$21,968
Apr 202202,770104.226.84$18,940
Mar 202201,403108.885.08$7,122
Feb 2022065691.054.86$3,187
Jan 2022030681.844.54$1,389
Dec 2021611,41471.323.90$9,864
Nov 202109,80277.435.24$51,332
Oct 2021617,85479.795.71$49,744
Sep 202107,67769.865.35$41,079
Aug 202108,10666.024.22$34,212
Jul 2021618,00670.783.98$36,198
Jun 202107,24069.493.38$24,476
May 2021607,43263.483.02$26,236
Apr 202107,28160.362.76$20,084
Mar 2021606,65561.302.72$21,759
Feb 2021625,05757.805.55$31,640
Jan 2021627,36450.412.81$23,820
Dec 202007,37944.642.68$19,742
Nov 2020619,13238.772.71$27,081
Oct 20206013,30336.972.48$35,189
Sep 202008,61837.091.99$17,159
Aug 2020628,05539.982.39$21,691
Jul 202008,36838.371.83$15,273
Jun 2020518,45434.901.69$16,070
May 202008,55516.921.81$15,525
Apr 2020528,08914.751.80$15,363
Mar 202007,57730.341.86$14,065
Feb 2020557,23849.881.98$17,079
Jan 2020538,68657.252.09$21,229
Dec 201908,80359.012.30$20,285
Nov 2019588,42755.302.75$26,388
Oct 201908,26453.472.42$19,987
Sep 201907,25655.052.66$19,281
Aug 2019786,60953.112.30$19,372
Jul 201908,05656.272.46$19,818
Jun 201908,05452.782.49$20,064
May 2019898,08458.482.74$27,357
Apr 2019817,62762.632.75$26,053
Mar 201907,39756.803.06$22,650
Feb 201908,09350.852.79$22,597
Jan 2019447,77546.033.23$27,124
Dec 2018368,66046.594.19$37,923
Nov 201807,12052.934.24$30,169
Oct 201807,44261.443.40$25,289
Sep 2018647,99259.543.11$28,650
Aug 201806,81059.403.07$20,883
Jul 201801,78465.142.93$5,230
Jun 20181922560.183.08$1,836
May 20182826965.382.90$2,611
Apr 2018025263.842.90$731
Mar 2018099161.222.79$2,762
Feb 2018991,14561.782.77$9,283
Jan 2018041162.874.01$1,648
Dec 201701,19957.272.92$3,503
Nov 20170355.423.12$9
Oct 201708149.292.98$242
Sep 2017062947.523.09$1,942
Aug 201715710,18545.373.00$37,723
Jul 20176314,89243.873.09$48,740
Jun 2017014,12542.493.09$43,608
May 20174013,91945.373.26$47,238
Apr 2017010,69847.933.21$34,358
Mar 20174812,10346.772.98$38,356
Feb 20175510,63850.452.95$34,185
Jan 2017725,70749.413.42$23,069
Dec 2016591,79548.763.72$9,559
Nov 20165810,67442.492.64$30,690
Oct 2016012,98646.193.09$40,130
Sep 20165713,07841.553.10$42,918
Aug 20165313,83041.442.92$42,640
Jul 2016015,34541.622.92$44,874
Jun 20164615,02445.352.69$42,438
May 20164715,86242.521.99$33,580
Apr 2016457,85436.561.99$17,283
Mar 2016458,28133.011.79$16,342
Feb 201608,12226.472.06$16,761
Jan 2016457,97827.352.36$20,094
Dec 2015468,68132.362.00$18,863
Nov 2015459,23238.792.17$21,754
Oct 2015419,09243.552.43$23,848
Sep 2015358,10342.992.76$23,856
Aug 201538,06940.162.87$23,299
Jul 201508,18748.152.95$24,111
Jun 201518,19656.152.88$23,684
May 201515,14755.212.96$15,267
Apr 20151149.822.71$53
Mar 201514,47442.892.93$13,173
Feb 201505,60044.662.98$16,667
Jan 201527,82843.433.10$24,359
Dec 201418,06354.693.59$29,012
Nov 2014298,05970.464.25$36,309
Oct 20141998,72378.303.90$49,610
Sep 20141077,72786.164.05$40,478
Aug 20141089,13889.394.04$46,527
Jul 20141078,74696.564.18$46,887
Jun 20141067,29298.164.74$44,946
May 201410411,54894.734.73$64,434
Apr 201421710,25095.944.81$70,112
Mar 201421810,16695.895.06$72,311
Feb 20141087,11297.406.19$54,557
Jan 20142098,89390.404.86$62,120
Dec 201306,62291.824.35$28,835
Nov 20131058,84088.853.74$42,376
Oct 20131088,40897.423.78$42,298
Sep 201310710,034104.113.72$48,444
Aug 20131429,639104.253.52$48,758
Jul 20131066,477102.523.72$34,947
Jun 20132117,95794.403.93$51,217
May 2013847,42294.834.15$38,760
Apr 201314410,19693.964.28$57,196
Mar 201312410,68493.623.91$53,414
Feb 2013647,29191.233.42$30,773
Jan 201314816,10491.603.42$68,631
Dec 20126311,58586.773.42$45,089
Nov 201212610,75886.953.62$49,953
Oct 201212511,91289.383.40$51,669
Sep 20126312,05194.672.92$41,134
Aug 201218914,67792.662.91$60,196
Jul 201212217,63085.133.02$63,643
Jun 201212316,65879.822.52$51,780
May 201212716,54291.612.49$52,796
Apr 201219921,088101.652.00$62,337
Mar 201225621,444105.052.22$74,543
Feb 201213420,192101.102.57$65,446
Jan 201218710,58698.092.73$47,286
Dec 201114017,12796.873.24$69,049
Nov 201123317,74595.723.31$81,061
Oct 201113816,46484.983.65$71,797
Sep 201118215,71883.623.99$77,868
Aug 201125920,51483.404.15$106,720
Jul 201127223,80594.144.52$133,139
Jun 201127324,46692.904.64$138,881
May 201141128,11998.134.40$164,191
Apr 201120621,095105.964.33$113,238
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            59 bbl  × $106.41 =     $6,278
Gas                4,635 Mcf  × $  3.05 =    $14,117

────────────────────────────────────────────────────
Month total                                  $20,396

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/261442 is the state's own key, not one this site invented.