LM RATER 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 265129District 09Field 652802002 tax incentive programmesCondensateGasSaveExport
Value, all time
$5.2 M
Feb 2012 – May 2026
Value, last 12 filed months
$220 k
at the published price for each month
Months reported
172
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 Gas112012-12-11207322
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
CondensateDisposition24,473 bbl$1,917,841
GasProduction959,628 Mcf$3,240,947
Total$5,158,788

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 33.4639, -97.6080. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

33.46387, -97.60803 · 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
7,451 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 7,451 ft.

Completions filed
Feb 2012
1 of 1 wells

1 well

42-337346871H7,451 ftFeb 2012

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 (172)

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

172 months

May 202604,578106.413.05$13,944
Apr 20261864,19998.932.87$30,451
Mar 202604,53489.753.15$14,280
Feb 202603,90563.503.75$14,645
Jan 202604,27959.138.00$34,223
Dec 202504,40356.664.41$19,432
Nov 202504,22958.593.93$16,605
Oct 202504,10959.383.30$13,580
Sep 202504,23662.743.08$13,034
Aug 20251254,54963.933.01$21,705
Jul 202504,19466.743.32$13,904
Jun 202504,50566.483.13$14,095
May 202504,60660.553.23$14,888
Apr 20251764,65762.363.54$27,476
Mar 202504,51367.704.27$19,263
Feb 202504,21970.884.34$18,314
Jan 202504,59774.324.28$19,669
Dec 202404,65868.993.12$14,539
Nov 20241604,24069.052.20$20,369
Oct 202404,58471.372.28$10,458
Sep 202404,49269.612.36$10,621
Aug 202404,68575.632.06$9,668
Jul 20241734,61779.932.15$23,739
Jun 202404,69578.082.63$12,367
May 202405,40478.812.20$11,880
Apr 202404,59984.451.66$7,631
Mar 20241603,99580.301.55$19,021
Feb 202403,59176.091.78$6,405
Jan 202404,73473.023.30$15,611
Dec 202304,82771.262.61$12,602
Nov 20231574,63777.892.81$25,247
Oct 202304,41885.443.09$13,640
Sep 202304,50289.042.74$12,313
Aug 202304,91780.522.67$13,143
Jul 202305,31374.852.64$14,036
Jun 20231685,25968.962.26$23,463
May 202305,03270.622.23$11,208
Apr 202304,68478.122.24$10,482
Mar 20231714,87772.852.39$24,129
Feb 202304,41675.112.47$10,888
Jan 20231815,35776.533.39$32,000
Dec 202205,44476.415.73$31,189
Nov 20221695,39285.005.65$44,809
Oct 202205,43487.185.86$31,864
Sep 202205,68584.888.16$46,411
Aug 202206,15894.529.13$56,205
Jul 202206,079101.587.54$45,848
Jun 202205,967115.097.98$47,600
May 202205,674109.378.43$47,849
Apr 202205,532104.226.84$37,826
Mar 202205,972108.885.08$30,316
Feb 20223395,73191.054.86$58,712
Jan 202206,08181.844.54$27,594
Dec 20211676,08471.323.90$35,633
Nov 202104,70577.435.24$24,639
Oct 202105,41879.795.71$30,958
Sep 202105,63069.865.35$30,126
Aug 20211645,60666.024.22$34,488
Jul 202106,21470.783.98$24,745
Jun 202105,87369.493.38$19,854
May 202106,14863.483.02$18,553
Apr 20211676,71260.362.76$28,595
Mar 202107,34761.302.72$19,961
Feb 202106,02057.805.55$33,399
Jan 202107,44350.412.81$20,917
Dec 20201627,79844.642.68$28,095
Nov 202007,79638.772.71$21,100
Oct 202008,35836.972.48$20,715
Sep 20201668,18237.091.99$22,448
Aug 20201708,63739.982.39$27,397
Jul 202009,06738.371.83$16,548
Jun 202009,03934.901.69$15,279
May 20201689,30416.921.81$19,727
Apr 202009,13114.751.80$16,476
Mar 202007,37130.341.86$13,682
Feb 20201699,68049.881.98$27,603
Jan 2020011,38757.252.09$23,853
Dec 20191709,77759.012.30$32,561
Nov 20191614,05955.302.75$20,068
Oct 201905,05053.472.42$12,214
Sep 20193405,27455.052.66$32,731
Aug 201901,74953.112.30$4,030
Jul 201903,34256.272.46$8,222
Jun 20191653,16752.782.49$16,598
May 201903,24358.482.74$8,887
Apr 201902,46562.632.75$6,780
Mar 201902,44856.803.06$7,496
Feb 20191733,07450.852.79$17,380
Jan 201903,39046.033.23$10,944
Dec 20181693,38746.594.19$22,050
Nov 201803,65752.934.24$15,496
Oct 20181583,77961.443.40$22,549
Sep 201803,93159.543.11$12,218
Aug 20181664,07259.403.07$22,347
Jul 201801,95465.142.93$5,729
Jun 201801,64160.183.08$5,049
May 20181612,51665.382.90$17,825
Apr 201803,36163.842.90$9,750
Mar 201803,72361.222.79$10,375
Feb 20181711,98461.782.77$16,052
Jan 201802,46762.874.01$9,891
Dec 20171712,46457.272.92$16,992
Nov 201702,45055.423.12$7,640
Oct 20171723,23949.292.98$18,142
Sep 20171694,24047.523.09$21,121
Aug 201703,57445.373.00$10,738
Jul 20171733,06043.873.09$17,037
Jun 201702,78642.493.09$8,601
May 20171742,10745.373.26$14,770
Apr 201702,23047.933.21$7,162
Mar 201703,42546.772.98$10,219
Feb 20171682,96150.452.95$17,218
Jan 20171643,82149.413.42$21,166
Dec 20161713,95648.763.72$23,065
Nov 201605,59242.492.64$14,787
Oct 20161756,45046.193.09$28,015
Sep 20161735,59641.553.10$24,539
Aug 20161724,39041.442.92$19,966
Jul 20161666,24341.622.92$25,166
Jun 20161685,89145.352.69$23,441
May 201604,77142.521.99$9,499
Apr 20161322,86936.561.99$10,538
Mar 201603,99633.011.79$7,169
Feb 20161324,98226.472.06$13,775
Jan 20161782,87327.352.36$11,661
Dec 20151542,42632.362.00$9,839
Nov 20151672,55238.792.17$12,009
Oct 20151505,29543.552.43$19,381
Sep 201547,91842.992.76$22,013
Aug 20151628,88640.162.87$32,031
Jul 20151769,05848.152.95$35,151
Jun 20151658,24956.152.88$33,045
May 2015111,85955.212.96$35,104
Apr 201517411,72149.822.71$40,392
Mar 20155138,31342.892.93$46,399
Feb 201533,85244.662.98$11,598
Jan 20151764,21943.433.10$20,725
Dec 201415,07054.693.59$18,263
Nov 20143495,03470.464.25$45,994
Oct 201405,76778.303.90$22,497
Sep 20141706,78186.164.05$42,079
Aug 20141737,36989.394.04$45,199
Jul 20143437,17996.564.18$63,125
Jun 20141757,03198.164.74$50,483
May 20141796,91394.734.73$49,631
Apr 20141737,18595.944.81$51,151
Mar 20141327,35495.895.06$49,845
Feb 20143036,02897.406.19$66,838
Jan 20143346,70190.404.86$62,765
Dec 20131725,99191.824.35$41,881
Nov 20133406,64188.853.74$55,035
Oct 20131667,15097.423.78$43,194
Sep 20131727,144104.113.72$44,466
Aug 20133407,894104.253.52$63,252
Jul 20133247,686102.523.72$61,791
Jun 20133387,51594.403.93$61,467
May 20133467,19494.834.15$62,660
Apr 20133497,49593.964.28$64,890
Mar 20133508,05893.623.91$64,297
Feb 20131697,57491.233.42$41,320
Jan 20135069,35091.603.42$78,326
Dec 20125158,24386.773.42$72,879
Nov 20125218,86786.953.62$77,443
Oct 20123469,13989.383.40$61,995
Sep 20125188,79294.672.92$74,698
Aug 20126658,39092.662.91$86,018
Jul 20125177,56785.133.02$66,871
Jun 20128349,44979.822.52$90,372
May 20128579,86191.612.49$103,047
Apr 20121,20910,200101.652.00$143,262
Mar 20122,06413,168105.052.22$246,084
Feb 20126881,080101.102.57$72,333

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                4,578 Mcf  × $  3.05 =    $13,944

────────────────────────────────────────────────────
Month total                                  $13,944

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/265129 is the state's own key, not one this site invented.