COLE TRUST STONY

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 263966District 09Field 652802002 tax incentive programmesCondensateGasSaveExport
Value, all time
$8.3 M
Jun 2011 – May 2026
Value, last 12 filed months
$335 k
at the published price for each month
Months reported
180
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 Gas112012-07-20203508
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
CondensateDisposition21,657 bbl$1,567,389
GasProduction2,026,995 Mcf$6,779,050
Total$8,346,440

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 33.2271, -97.3756. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

33.22712, -97.37556 · 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
8,112 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 8,112 ft.

Completions filed
Jun 2011
1 of 1 wells

1 well

42-1213411615H8,112 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 (180)

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

180 months

May 202606,676106.413.05$20,334
Apr 2026526,62398.932.87$24,151
Mar 2026536,95689.753.15$26,664
Feb 2026496,32363.503.75$26,825
Jan 2026516,11259.138.00$51,899
Dec 2025587,21056.664.41$35,107
Nov 202506,69658.593.93$26,291
Oct 202507,13959.383.30$23,593
Sep 2025616,89762.743.08$25,049
Aug 202507,34363.933.01$22,137
Jul 2025527,33066.743.32$27,771
Jun 2025546,89866.483.13$25,172
May 2025557,01760.553.23$26,011
Apr 202506,93562.363.54$24,572
Mar 2025537,14867.704.27$34,098
Feb 2025566,52070.884.34$32,272
Jan 2025607,07174.324.28$34,714
Dec 2024567,29268.993.12$26,624
Nov 202407,44769.052.20$16,372
Oct 2024607,79871.372.28$22,073
Sep 202407,47569.612.36$17,674
Aug 2024537,63275.632.06$19,758
Jul 202407,22679.932.15$15,511
Jun 2024577,26078.082.63$23,573
May 202407,79378.812.20$17,132
Apr 202407,84584.451.66$13,016
Mar 2024528,23880.301.55$16,904
Feb 2024597,36476.091.78$17,624
Jan 2024547,56273.023.30$28,880
Dec 2023539,29271.262.61$28,036
Nov 202309,22077.892.81$25,886
Oct 2023529,04585.443.09$32,367
Sep 2023507,97489.042.74$26,261
Aug 202308,57380.522.67$22,915
Jul 2023558,82374.852.64$27,425
Jun 2023508,38568.962.26$22,385
May 202306,42770.622.23$14,316
Apr 2023528,11478.122.24$22,219
Mar 2023538,65572.852.39$24,574
Feb 2023517,61375.112.47$22,602
Jan 2023527,92576.533.39$30,827
Dec 2022528,16376.415.73$50,740
Nov 2022557,92285.005.65$49,404
Oct 2022488,07787.185.86$51,546
Sep 2022527,96484.888.16$69,429
Aug 2022497,84194.529.13$76,198
Jul 2022518,066101.587.54$66,015
Jun 2022547,350115.097.98$64,847
May 2022507,435109.378.43$68,168
Apr 2022537,272104.226.84$55,247
Mar 20221057,683108.885.08$50,434
Feb 2022525,51391.054.86$31,521
Jan 2022517,74081.844.54$39,295
Dec 2021536,30971.323.90$28,380
Nov 202106,36577.435.24$33,333
Oct 2021528,57179.795.71$53,123
Sep 2021518,72269.865.35$50,234
Aug 2021508,77766.024.22$40,345
Jul 2021518,29170.783.98$36,625
Jun 2021528,19569.493.38$31,318
May 2021507,74863.483.02$26,555
Apr 2021546,68560.362.76$21,699
Mar 2021507,50661.302.72$23,458
Feb 2021546,36357.805.55$38,423
Jan 2021527,74650.412.81$24,390
Dec 2020536,62944.642.68$20,102
Nov 20201037,50438.772.71$24,303
Oct 2020587,96736.972.48$21,890
Sep 202009,23937.091.99$18,395
Aug 2020596,25339.982.39$17,273
Jul 20205789838.371.83$3,826
Jun 202003,23934.901.69$5,475
May 2020503,90616.921.81$7,934
Apr 2020495,31814.751.80$10,318
Mar 2020455,93130.341.86$12,375
Feb 2020435,07049.881.98$12,187
Jan 2020437,43257.252.09$18,030
Dec 2019429,66059.012.30$24,739
Nov 2019427,59855.302.75$23,222
Oct 2019428,46353.472.42$22,714
Sep 2019409,08555.052.66$26,343
Aug 2019414,83153.112.30$13,310
Jul 2019353,33856.272.46$10,181
Jun 201904,27952.782.49$10,660
May 2019345,28558.482.74$16,471
Apr 2019375,02162.632.75$16,129
Mar 2019895,52556.803.06$21,973
Feb 20194411,91650.852.79$35,509
Jan 20194012,90946.033.23$43,514
Dec 20185913,03646.594.19$57,310
Nov 20184613,15752.934.24$58,184
Oct 20185612,61561.443.40$46,307
Sep 20185011,35859.543.11$38,278
Aug 20185211,06859.403.07$37,029
Jul 20186113,33265.142.93$43,061
Jun 20184411,46060.183.08$37,909
May 2018011,21565.382.90$32,532
Apr 20184110,38263.842.90$32,734
Mar 20189810,74661.222.79$35,947
Feb 20184710,49761.782.77$31,940
Jan 20189213,81062.874.01$61,153
Dec 20176512,47857.272.92$40,177
Nov 20175411,20855.423.12$37,943
Oct 20175511,60149.292.98$37,325
Sep 20176212,13847.523.09$40,420
Aug 20176912,69245.373.00$41,262
Jul 201717411,95743.873.09$44,548
Jun 20177512,51142.493.09$41,812
May 2017229,36745.373.26$31,566
Apr 2017261,63847.933.21$6,507
Mar 2017475,48446.772.98$18,561
Feb 2017549,94050.452.95$32,073
Jan 2017739,79949.413.42$37,108
Dec 2016011,04448.763.72$41,115
Nov 201613412,31742.492.64$38,264
Oct 20168913,88346.193.09$47,013
Sep 20169613,58041.553.10$46,095
Aug 201611111,31041.442.92$37,674
Jul 201617111,50241.622.92$40,753
Jun 201633910,07345.352.69$42,428
May 201634613,26642.521.99$41,125
Apr 201617613,03536.561.99$32,388
Mar 201634316,50333.011.79$40,929
Feb 201635216,36626.472.06$43,091
Jan 201636018,35127.352.36$53,234
Dec 201535818,52332.362.00$48,657
Nov 201534415,20038.792.17$46,287
Oct 201535815,57943.552.43$53,395
Sep 201517413,18842.992.76$43,858
Aug 201534312,37040.162.87$49,308
Jul 201517512,46348.152.95$45,131
Jun 201552113,25556.152.88$67,466
May 2015013,68455.212.96$40,442
Apr 20153578,41649.822.71$40,564
Mar 201518210,45042.892.93$38,474
Feb 20151819,45844.662.98$36,232
Jan 201518110,96543.433.10$41,859
Dec 20141659,97054.693.59$44,830
Nov 20141799,69870.464.25$53,847
Oct 201416710,16578.303.90$52,729
Sep 201434410,35186.164.05$71,513
Aug 201434811,96489.394.04$79,384
Jul 20143448,56096.564.18$68,994
Jun 201434212,39498.164.74$92,280
May 201434813,02994.734.73$94,548
Apr 201434913,48195.944.81$98,315
Mar 201434713,27295.895.06$100,388
Feb 20143577,40497.406.19$80,617
Jan 20145309,60890.404.86$94,614
Dec 201318213,78291.824.35$76,725
Nov 201335412,10088.853.74$76,686
Oct 201334410,69197.423.78$73,918
Sep 201334913,504104.113.72$86,539
Aug 201352414,230104.253.52$104,754
Jul 201335114,273102.523.72$89,048
Jun 201332915,22194.403.93$90,928
May 201332319,03494.834.15$109,604
Apr 201328619,30493.964.28$109,544
Mar 20139614,76393.623.91$66,753
Feb 201314611,29191.233.42$51,934
Jan 20139715,70391.603.42$62,588
Dec 201214718,13186.773.42$74,766
Nov 20129820,59186.953.62$83,163
Oct 201214621,34389.383.40$85,609
Sep 201215722,56094.672.92$80,702
Aug 20129620,87992.662.91$69,615
Jul 201214024,26285.133.02$85,209
Jun 201214521,96379.822.52$66,900
May 201219224,99791.612.49$79,790
Apr 201221027,249101.652.00$75,757
Mar 201228230,202105.052.22$96,735
Feb 201219425,993101.102.57$86,422
Jan 201223631,00198.092.73$107,908
Dec 201123532,07996.873.24$126,692
Nov 201127536,05295.723.31$145,701
Oct 201131144,00884.983.65$186,994
Sep 201135054,74283.623.99$247,458
Aug 201132941,40983.404.15$199,258
Jul 20110094.144.52$0
Jun 20110092.904.64$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                6,676 Mcf  × $  3.05 =    $20,334

────────────────────────────────────────────────────
Month total                                  $20,334

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/263966 is the state's own key, not one this site invented.