MONTAGUE CATTLE 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 265833District 09Field 652802002 tax incentive programmesCondensateGasSaveExport
Value, all time
$7.0 M
Jun 2012 – May 2026
Value, last 12 filed months
$189 k
at the published price for each month
Months reported
168
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 Gas112013-03-08207637
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
CondensateDisposition27,062 bbl$2,232,134
GasProduction1,408,146 Mcf$4,751,064
Total$6,983,198

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 33.4820, -97.7085. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

33.48204, -97.70849 · 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
7,083 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 7,083 ft.

Completions filed
Jul 2012
1 of 1 wells

1 well

42-337347951H7,083 ftJul 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 (168)

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

168 months

May 202604,070106.413.05$12,397
Apr 202603,63998.932.87$10,443
Mar 202604,51189.753.15$14,207
Feb 202602,37863.503.75$8,918
Jan 202603,17159.138.00$25,361
Dec 202504,12456.664.41$18,201
Nov 202504,02658.593.93$15,808
Oct 202504,40859.383.30$14,568
Sep 202504,40562.743.08$13,554
Aug 20251724,70563.933.01$25,180
Jul 202504,78066.743.32$15,847
Jun 202504,60566.483.13$14,408
May 202504,75560.553.23$15,370
Apr 20251924,60662.363.54$28,293
Mar 202504,85367.704.27$20,714
Feb 202504,56270.884.34$19,803
Jan 202504,89374.324.28$20,936
Dec 202404,85868.993.12$15,164
Nov 202404,59669.052.20$10,104
Oct 202404,74271.372.28$10,818
Sep 202404,56469.612.36$10,791
Aug 202404,50575.632.06$9,297
Jul 202404,59379.932.15$9,859
Jun 202404,36378.082.63$11,492
May 20241854,63178.812.20$24,761
Apr 202404,55484.451.66$7,556
Mar 202404,86680.301.55$7,519
Feb 202404,32776.091.78$7,718
Jan 202404,91773.023.30$16,215
Dec 202305,04971.262.61$13,182
Nov 20231735,04177.892.81$27,628
Oct 202305,26685.443.09$16,258
Sep 202304,83789.042.74$13,229
Aug 202304,99580.522.67$13,351
Jul 202305,29174.852.64$13,978
Jun 202305,30368.962.26$11,977
May 202305,36770.622.23$11,954
Apr 202305,09478.122.24$11,399
Mar 202304,92172.852.39$11,777
Feb 202303,86975.112.47$9,540
Jan 202304,87376.533.39$16,508
Dec 20221754,50476.415.73$39,176
Nov 202204,41085.005.65$24,900
Oct 202204,78087.185.86$28,029
Sep 202205,29984.888.16$43,259
Aug 202206,17694.529.13$56,369
Jul 20221735,132101.587.54$56,279
Jun 202204,664115.097.98$37,206
May 202205,536109.378.43$46,685
Apr 202204,234104.226.84$28,950
Mar 202204,917108.885.08$24,961
Feb 202204,75591.054.86$23,104
Jan 202205,69281.844.54$25,828
Dec 20211585,93371.323.90$34,402
Nov 202105,85977.435.24$30,683
Oct 202106,13979.795.71$35,077
Sep 202105,84669.865.35$31,281
Aug 202106,23466.024.22$26,311
Jul 202106,03970.783.98$24,048
Jun 202105,72869.493.38$19,364
May 20211696,16763.483.02$29,338
Apr 202106,13760.362.76$16,928
Mar 202106,43261.302.72$17,475
Feb 202105,28157.805.55$29,299
Jan 202106,21650.412.81$17,469
Dec 20201696,20544.642.68$24,145
Nov 202006,08438.772.71$16,467
Oct 202006,47136.972.48$16,038
Sep 202006,42837.091.99$12,798
Aug 20201696,40539.982.39$22,033
Jul 202006,80238.371.83$12,414
Jun 202006,74634.901.69$11,403
May 202006,43816.921.81$11,683
Apr 202006,61814.751.80$11,941
Mar 20201726,72330.341.86$17,698
Feb 202006,25049.881.98$12,379
Jan 20201706,86557.252.09$24,113
Dec 201906,87459.012.30$15,840
Nov 201906,78455.302.75$18,661
Oct 201907,31753.472.42$17,696
Sep 20191746,96355.052.66$28,081
Aug 201906,23753.112.30$14,372
Jul 201906,46256.272.46$15,897
Jun 201907,09252.782.49$17,668
May 201907,43558.482.74$20,374
Apr 201907,30062.632.75$20,080
Mar 201907,54556.803.06$23,104
Feb 201905,74050.852.79$16,027
Jan 201904,90846.033.23$15,844
Dec 20181726,04546.594.19$33,314
Nov 201806,84252.934.24$28,991
Oct 201807,24561.443.40$24,619
Sep 20181787,39259.543.11$33,572
Aug 201807,38359.403.07$22,640
Jul 201807,86365.142.93$23,053
Jun 201807,79460.183.08$23,982
May 201808,36065.382.90$24,251
Apr 20181747,95463.842.90$34,181
Mar 201807,93661.222.79$22,116
Feb 201807,44761.782.77$20,599
Jan 20181628,40862.874.01$43,895
Dec 201708,80357.272.92$25,718
Nov 201708,78255.423.12$27,385
Oct 201709,18249.292.98$27,396
Sep 201705,51247.523.09$17,017
Aug 20171749,03945.373.00$35,051
Jul 201709,29443.873.09$28,693
Jun 201708,80042.493.09$27,168
May 20171779,24945.373.26$38,214
Apr 201709,02747.933.21$28,991
Mar 201709,43246.772.98$28,142
Feb 20171748,70850.452.95$34,490
Jan 201709,81549.413.42$33,556
Dec 201617210,17048.763.72$46,248
Nov 201609,86742.492.64$26,092
Oct 201608,81646.193.09$27,244
Sep 20161768,49941.553.10$33,665
Aug 201608,73741.442.92$25,550
Jul 201609,78441.622.92$28,612
Jun 20161689,61145.352.69$33,432
May 201609,85442.521.99$19,620
Apr 201617810,27236.561.99$26,960
Mar 2016010,85833.011.79$19,479
Feb 201617110,28826.472.06$25,757
Jan 201617711,24927.352.36$31,438
Dec 2015011,31932.362.00$22,654
Nov 201517511,24538.792.17$31,160
Oct 201517311,98043.552.43$36,605
Sep 2015211,05442.992.76$30,578
Aug 2015112,19540.162.87$35,070
Jul 201533712,31148.152.95$52,483
Jun 2015112,35056.152.88$35,659
May 2015212,96455.212.96$38,425
Apr 201518013,06649.822.71$44,332
Mar 201534513,76142.892.93$55,182
Feb 2015113,38344.662.98$39,875
Jan 201517314,79843.433.10$53,397
Dec 2014115,58654.693.59$56,030
Nov 201434916,87370.464.25$96,332
Oct 201416717,46778.303.90$81,214
Sep 201417010,42286.164.05$56,809
Aug 20141739,05289.394.04$51,990
Jul 20141778,67496.564.18$53,345
Jun 20141729,20898.164.74$60,501
May 2014511,86794.734.73$56,564
Apr 201416911,01095.944.81$69,162
Mar 201434211,09695.895.06$88,905
Feb 20143449,83797.406.19$94,416
Jan 201417712,22390.404.86$75,413
Dec 201334210,60191.824.35$77,564
Nov 201334013,18688.853.74$79,502
Oct 201316914,05597.423.78$69,583
Sep 201333712,748104.113.72$82,479
Aug 201352015,541104.253.52$108,955
Jul 201367714,861102.523.72$124,655
Jun 201317515,48894.403.93$77,441
May 201351217,60794.834.15$121,606
Apr 201369317,58693.964.28$140,428
Mar 201352817,03393.623.91$116,079
Feb 201352317,37491.233.42$107,131
Jan 20131,03719,22791.603.42$160,744
Dec 201270421,21986.773.42$133,658
Nov 20121,22122,63986.953.62$188,231
Oct 20121,39324,64489.383.40$208,288
Sep 20121,88823,96594.672.92$248,676
Aug 20123,13526,65492.662.91$368,003
Jul 20124,72816,94585.133.02$453,682
Jun 20120079.822.52$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                4,070 Mcf  × $  3.05 =    $12,397

────────────────────────────────────────────────────
Month total                                  $12,397

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/265833 is the state's own key, not one this site invented.