M.T. COLE

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 273492District 09Field 652802002 tax incentive programmesCondensateGasSaveExport
Value, all time
$6.6 M
Jul 2013 – May 2026
Value, last 12 filed months
$106 k
at the published price for each month
Months reported
155
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 Gas112014-09-26211983
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
CondensateDisposition18,962 bbl$1,555,750
GasProduction1,490,192 Mcf$5,016,689
Total$6,572,438

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 33.2645, -97.3730. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

33.26448, -97.37296 · 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
8,291 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 8,291 ft.

Completions filed
Jul 2013
1 of 1 wells

1 well

42-12134346305H8,291 ftJul 2013

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 (155)

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

155 months

May 2026189506106.413.05$21,653
Apr 2026040398.932.87$1,157
Mar 2026022689.753.15$712
Feb 202609763.503.75$364
Jan 2026041659.138.00$3,327
Dec 2025091956.664.41$4,056
Nov 2025381,51458.593.93$8,171
Oct 202503,17959.383.30$10,506
Sep 202504,71862.743.08$14,517
Aug 202504,75663.933.01$14,338
Jul 2025384,38466.743.32$17,070
Jun 202503,28866.483.13$10,287
May 202503,52860.553.23$11,404
Apr 202505,82862.363.54$20,649
Mar 202505,44167.704.27$23,224
Feb 202505,06670.884.34$21,991
Jan 202505,25874.324.28$22,497
Dec 2024396,81968.993.12$23,975
Nov 202406,88769.052.20$15,141
Oct 202407,26371.372.28$16,570
Sep 202406,68769.612.36$15,810
Aug 202407,80475.632.06$16,105
Jul 202407,00179.932.15$15,028
Jun 202406,29278.082.63$16,573
May 202406,68078.812.20$14,686
Apr 2024386,89484.451.66$14,648
Mar 202406,39280.301.55$9,876
Feb 2024376,62976.091.78$14,639
Jan 202406,93973.023.30$22,882
Dec 202307,17871.262.61$18,740
Nov 2023377,03777.892.81$22,639
Oct 202307,10585.443.09$21,935
Sep 202307,31989.042.74$20,018
Aug 202307,92880.522.67$21,191
Jul 2023367,89974.852.64$23,562
Jun 202307,29368.962.26$16,471
May 202307,43370.622.23$16,556
Apr 202306,84578.122.24$15,317
Mar 202307,33772.852.39$17,559
Feb 202306,17275.112.47$15,218
Jan 202306,04076.533.39$20,462
Dec 2022385,92576.415.73$36,848
Nov 2022365,60385.005.65$34,696
Oct 2022346,03187.185.86$38,328
Sep 202204,87084.888.16$39,757
Aug 202205,26994.529.13$48,091
Jul 202203,182101.587.54$23,999
Jun 202201,042115.097.98$8,312
May 20220178109.378.43$1,501
Apr 20227240104.226.84$2,371
Mar 202268428108.885.08$9,577
Feb 2022034991.054.86$1,696
Jan 20224666581.844.54$6,782
Dec 202101,74371.323.90$6,796
Nov 2021456,37977.435.24$36,890
Oct 2021466,76979.795.71$42,348
Sep 202107,37169.865.35$39,442
Aug 2021447,01366.024.22$32,504
Jul 2021443,43370.783.98$16,785
Jun 202103,53369.493.38$11,944
May 2021917,32463.483.02$27,878
Apr 202107,87560.362.76$21,723
Mar 2021468,16361.302.72$24,998
Feb 2021446,61157.805.55$39,221
Jan 2021468,95050.412.81$27,471
Dec 20204510,03144.642.68$28,846
Nov 2020478,15838.772.71$23,902
Oct 2020468,67236.972.48$23,194
Sep 2020457,99637.091.99$17,589
Aug 2020448,79339.982.39$22,731
Jul 2020448,29738.371.83$16,831
Jun 2020438,40434.901.69$15,706
May 2020418,77216.921.81$16,613
Apr 2020339,00514.751.80$16,735
Mar 2020689,10930.341.86$18,972
Feb 2020367,60049.881.98$16,849
Jan 2020848,07057.252.09$21,714
Dec 2019408,75659.012.30$22,537
Nov 2019319,75255.302.75$28,539
Oct 20192110,19453.472.42$25,777
Sep 2019219,89455.052.66$27,447
Aug 2019219,95953.112.30$24,064
Jul 20191910,27856.272.46$26,354
Jun 2019399,79952.782.49$26,470
May 2019259,96058.482.74$28,756
Apr 20193511,27662.632.75$33,209
Mar 20193911,60256.803.06$37,742
Feb 20198110,94850.852.79$34,688
Jan 20198311,50346.033.23$40,954
Dec 20187111,42746.594.19$51,135
Nov 20188810,56452.934.24$49,420
Oct 2018011,21461.443.40$38,106
Sep 20185911,26559.543.11$38,524
Aug 20186611,49559.403.07$39,171
Jul 2018013,28365.142.93$38,944
Jun 20184013,24760.183.08$43,167
May 20184213,80165.382.90$42,780
Apr 20189011,38563.842.90$38,771
Mar 20187911,73161.222.79$37,529
Feb 20185311,76661.782.77$35,821
Jan 20185413,42862.874.01$57,232
Dec 20175613,36757.272.92$42,259
Nov 20179313,67955.423.12$47,810
Oct 201710912,41749.292.98$42,421
Sep 201712612,38547.523.09$44,223
Aug 20177913,48645.373.00$44,102
Jul 20178914,07643.873.09$47,361
Jun 20176914,38242.493.09$47,333
May 20174015,58645.373.26$52,678
Apr 20172014,80247.933.21$48,497
Mar 20174112,32646.772.98$38,694
Feb 20176210,60750.452.95$34,446
Jan 2017115,78449.413.42$20,318
Dec 2016304,31148.763.72$17,512
Nov 2016168,70042.492.64$23,686
Oct 20161008,64246.193.09$31,325
Sep 2016489,09141.553.10$30,182
Aug 20161159,51041.442.92$32,576
Jul 20161367,97541.622.92$28,982
Jun 20161048,06545.352.69$26,378
May 20165611,45042.521.99$25,179
Apr 2016711,41536.561.99$22,984
Mar 201631647633.011.79$11,285
Feb 201636834126.472.06$10,445
Jan 20161872,59827.352.36$11,257
Dec 201511914,89532.362.00$33,662
Nov 20159717,44038.792.17$41,561
Oct 20158616,96543.552.43$44,912
Sep 20156514,24642.992.76$42,091
Aug 2015013,89740.162.87$39,919
Jul 2015012,40048.152.95$36,519
Jun 201504,20156.152.88$12,111
May 2015032655.212.96$963
Apr 20150049.822.71$0
Mar 20150042.892.93$0
Feb 201505,16444.662.98$15,369
Jan 201502,68043.433.10$8,310
Dec 201475054.693.59$4,102
Nov 201440917,06170.464.25$101,359
Oct 201428528,61878.303.90$133,953
Sep 201417826,72686.164.05$123,455
Aug 201416421,18689.394.04$100,148
Jul 20141164,93296.564.18$31,815
Jun 2014513,13298.164.74$19,842
May 20142427094.734.73$3,550
Apr 201452515,26895.944.81$123,794
Mar 20141,13330,33295.895.06$262,026
Feb 20141,35630,64797.406.19$321,841
Jan 20141,67835,71990.404.86$325,311
Dec 20131,68539,24891.824.35$325,621
Nov 20131,46139,91188.853.74$279,008
Oct 20131,59946,95697.423.78$333,238
Sep 201390450,602104.113.72$282,241
Aug 20131,91463,675104.253.52$423,837
Jul 20130444102.523.72$1,651

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           189 bbl  × $106.41 =    $20,111
Gas                  506 Mcf  × $  3.05 =     $1,541

────────────────────────────────────────────────────
Month total                                  $21,653

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/273492 is the state's own key, not one this site invented.