COLE GAS UNIT

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 261459District 09Field 652802002 tax incentive programmesCondensateGasSaveExport
Value, all time
$8.6 M
Oct 2010 – May 2026
Value, last 12 filed months
$327 k
at the published price for each month
Months reported
188
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 Gas112012-02-07201876
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
CondensateDisposition12,219 bbl$959,398
GasProduction2,191,237 Mcf$7,596,411
Total$8,555,808

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 33.4149, -97.5382. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

33.41485, -97.53820 · 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
7,934 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 7,934 ft.

Completions filed
Oct 2010
1 of 1 wells

1 well

42-497368211H7,934 ftOct 2010

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 (188)

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

188 months

May 202609,644106.413.05$29,374
Apr 202617896298.932.87$20,370
Mar 202608,29789.753.15$26,131
Feb 202603,13063.503.75$11,739
Jan 202606,25259.138.00$50,003
Dec 202507,50056.664.41$33,100
Nov 202507,47658.593.93$29,354
Oct 202507,64059.383.30$25,249
Sep 202507,58062.743.08$23,323
Aug 202507,82963.933.01$23,603
Jul 2025507,91466.743.32$29,573
Jun 202508,02666.483.13$25,111
May 202506,16060.553.23$19,911
Apr 202507,36662.363.54$26,099
Mar 202507,77567.704.27$33,186
Feb 202506,70870.884.34$29,118
Jan 202507,91474.324.28$33,861
Dec 202408,00068.993.12$24,971
Nov 202407,63869.052.20$16,792
Oct 202407,83471.372.28$17,872
Sep 20241507,86469.612.36$29,035
Aug 202408,20275.632.06$16,926
Jul 202408,27179.932.15$17,754
Jun 202407,92778.082.63$20,880
May 202408,38378.812.20$18,430
Apr 202407,91584.451.66$13,133
Mar 202408,12380.301.55$12,551
Feb 202407,59876.091.78$13,552
Jan 202407,96273.023.30$26,256
Dec 20231488,05471.262.61$31,573
Nov 202307,68377.892.81$21,570
Oct 202308,21885.443.09$25,371
Sep 202308,03089.042.74$21,962
Aug 202307,96680.522.67$21,292
Jul 20231818,00674.852.64$34,698
Jun 202307,74068.962.26$17,481
May 202308,09770.622.23$18,035
Apr 202307,83678.122.24$17,535
Mar 202308,36172.852.39$20,009
Feb 202307,68675.112.47$18,951
Jan 202308,64276.533.39$29,277
Dec 202208,55476.415.73$49,007
Nov 202208,48185.005.65$47,885
Oct 202208,53887.185.86$50,065
Sep 202208,55884.888.16$69,865
Aug 202208,36494.529.13$76,340
Jul 20221788,708101.587.54$83,758
Jun 202208,792115.097.98$70,136
May 202208,846109.378.43$74,599
Apr 202207,517104.226.84$51,398
Mar 202209,073108.885.08$46,058
Feb 202208,45091.054.86$41,057
Jan 20221838,79581.844.54$54,886
Dec 202109,19171.323.90$35,837
Nov 202108,55077.435.24$44,775
Oct 202109,29279.795.71$53,093
Sep 202108,93069.865.35$47,784
Aug 202108,80466.024.22$37,158
Jul 202109,36370.783.98$37,284
Jun 202109,05869.493.38$30,622
May 202109,96263.483.02$30,062
Apr 202107,12660.362.76$19,657
Mar 20211819,30361.302.72$36,371
Feb 202105,71357.805.55$31,695
Jan 202108,69650.412.81$24,438
Dec 202009,22444.642.68$24,678
Nov 2020010,24138.772.71$27,718
Oct 2020010,64236.972.48$26,375
Sep 2020010,55037.091.99$21,005
Aug 202008,93639.982.39$21,313
Jul 20201798,85038.371.83$23,021
Jun 202009,20434.901.69$15,558
May 202009,54416.921.81$17,320
Apr 202009,41414.751.80$16,986
Mar 202009,80230.341.86$18,195
Feb 202009,21649.881.98$18,254
Jan 20201729,75757.252.09$30,285
Dec 201909,93859.012.30$22,901
Nov 201909,48655.302.75$26,093
Oct 201909,96253.472.42$24,094
Sep 201909,93755.052.66$26,405
Aug 2019010,42953.112.30$24,032
Jul 2019010,65156.272.46$26,202
Jun 2019010,43752.782.49$26,001
May 20191767,39358.482.74$30,552
Apr 201907,02962.632.75$19,335
Mar 201906,86656.803.06$21,024
Feb 20191896,43250.852.79$27,570
Jan 201906,30246.033.23$20,344
Dec 201805,01746.594.19$20,998
Nov 201804,87852.934.24$20,669
Oct 201804,38561.443.40$14,901
Sep 201802,97459.543.11$9,243
Aug 2018022359.403.07$684
Jul 20180065.142.93$0
Jun 20181767,71060.183.08$34,315
May 201809,07365.382.90$26,319
Apr 201809,57563.842.90$27,775
Mar 201809,78061.222.79$27,255
Feb 20181758,79261.782.77$35,131
Jan 201809,65962.874.01$38,726
Dec 201709,24257.272.92$27,001
Nov 201709,42055.423.12$29,375
Oct 2017010,15949.292.98$30,311
Sep 2017010,26147.523.09$31,679
Aug 201717210,59545.373.00$39,635
Jul 2017010,88143.873.09$33,593
Jun 2017010,72942.493.09$33,123
May 2017011,18545.373.26$36,501
Apr 201717410,95747.933.21$43,529
Mar 201717611,38746.772.98$42,207
Feb 2017010,60650.452.95$31,315
Jan 2017011,64049.413.42$39,795
Dec 201617210,97548.763.72$49,245
Nov 2016011,42342.492.64$30,206
Oct 2016011,89546.193.09$36,759
Sep 2016011,62941.553.10$36,057
Aug 2016012,30341.442.92$35,978
Jul 201616912,36441.622.92$43,190
Jun 2016012,24245.352.69$32,880
May 2016013,08042.521.99$26,043
Apr 2016013,08336.561.99$26,049
Mar 201618013,63933.011.79$30,410
Feb 2016013,28226.472.06$27,409
Jan 2016011,96527.352.36$28,290
Dec 201517510,64832.362.00$26,974
Nov 2015113,35738.792.17$28,988
Oct 2015115,28543.552.43$37,134
Sep 2015014,45842.992.76$39,881
Aug 2015010,11240.162.87$29,047
Jul 2015044848.152.95$1,319
Jun 201516711,53756.152.88$42,637
May 2015010,42555.212.96$30,811
Apr 2015610,46049.822.71$28,610
Mar 2015212,72242.892.93$37,421
Feb 2015015,20844.662.98$45,262
Jan 201517116,19243.433.10$57,632
Dec 2014213,29654.693.59$47,860
Nov 2014118,55270.464.25$78,951
Oct 201416820,12878.303.90$91,673
Sep 2014011,98686.164.05$48,489
Aug 2014212,36689.394.04$50,077
Jul 2014114,59196.564.18$61,081
Jun 2014112,95298.164.74$61,450
May 2014114,27194.734.73$67,547
Apr 2014213,35495.944.81$64,413
Mar 201416711,84095.895.06$75,886
Feb 2014011,45897.406.19$70,948
Jan 2014013,09890.404.86$63,666
Dec 2013013,38191.824.35$58,267
Nov 2013014,05688.853.74$52,545
Oct 201317313,36097.423.78$67,346
Sep 2013011,705104.113.72$43,516
Aug 2013012,371104.253.52$43,578
Jul 201318111,822102.523.72$62,507
Jun 2013017,37294.403.93$68,331
May 2013016,93394.834.15$70,256
Apr 2013017,49493.964.28$74,920
Mar 2013016,04193.623.91$62,766
Feb 2013015,24591.233.42$52,137
Jan 2013019,17491.603.42$65,573
Dec 201215519,94186.773.42$81,651
Nov 2012019,41286.953.62$70,368
Oct 2012020,49389.383.40$69,670
Sep 2012020,35494.672.92$59,401
Aug 201217522,05292.662.91$80,346
Jul 2012019,89385.133.02$60,093
Jun 2012020,19079.822.52$50,859
May 201232320,06791.612.49$79,523
Apr 2012018,970101.652.00$37,879
Mar 201217719,783105.052.22$62,553
Feb 2012018,979101.102.57$48,781
Jan 201216221,20198.092.73$73,856
Dec 201117921,50796.873.24$87,017
Nov 2011022,36995.723.31$74,070
Oct 201135623,02584.983.65$114,261
Sep 2011522,65083.623.99$90,696
Aug 201135825,31383.404.15$134,889
Jul 201117825,77194.144.52$133,171
Jun 201134526,07192.904.64$153,017
May 201134426,86698.134.40$152,097
Apr 201117626,232105.964.33$132,320
Mar 201134527,74296.364.06$145,803
Feb 201151926,87785.644.18$156,792
Jan 201169428,75586.504.59$191,981
Dec 20101,04330,74585.734.35$223,088
Nov 20101,23030,69080.843.80$215,912
Oct 201087413,46878.103.51$115,517

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                9,644 Mcf  × $  3.05 =    $29,374

────────────────────────────────────────────────────
Month total                                  $29,374

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/261459 is the state's own key, not one this site invented.