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 273493District 09Field 652802002 tax incentive programmesCondensateGasSaveExport
Value, all time
$5.7 M
Jul 2013 – May 2026
Value, last 12 filed months
$152 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 Gas112014-09-26211984
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
CondensateDisposition17,653 bbl$1,596,255
GasProduction1,216,606 Mcf$4,089,351
Total$5,685,606

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 33.2646, -97.3753. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

33.26459, -97.37534 · 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
8,264 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 8,264 ft.

Completions filed
Jul 2013
1 of 1 wells

1 well

42-12134348306H8,264 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 202605,600106.413.05$17,057
Apr 202603,98798.932.87$11,442
Mar 202603,38689.753.15$10,664
Feb 202602,73263.503.75$10,246
Jan 202602,19359.138.00$17,539
Dec 202502,69756.664.41$11,903
Nov 2025382,87658.593.93$13,519
Oct 202504,01459.383.30$13,266
Sep 202503,46162.743.08$10,649
Aug 202503,45863.933.01$10,425
Jul 2025383,03566.743.32$12,598
Jun 202503,90066.483.13$12,202
May 202503,99860.553.23$12,923
Apr 202503,33662.363.54$11,820
Mar 202503,16867.704.27$13,522
Feb 202502,66370.884.34$11,560
Jan 202503,04774.324.28$13,037
Dec 2024392,30368.993.12$9,879
Nov 202401,88369.052.20$4,140
Oct 202401,41271.372.28$3,221
Sep 202401,30869.612.36$3,093
Aug 202401,87675.632.06$3,871
Jul 2024082379.932.15$1,767
Jun 2024055678.082.63$1,464
May 2024061278.812.20$1,345
Apr 2024381,70684.451.66$6,040
Mar 202402,39680.301.55$3,702
Feb 2024372,21676.091.78$6,768
Jan 202402,07873.023.30$6,853
Dec 202302,57671.262.61$6,725
Nov 2023372,57277.892.81$10,103
Oct 202302,38185.443.09$7,351
Sep 202302,43289.042.74$6,652
Aug 202302,17180.522.67$5,803
Jul 2023361,55774.852.64$6,808
Jun 202301,65268.962.26$3,731
May 202302,08470.622.23$4,642
Apr 202302,26178.122.24$5,060
Mar 202301,64772.852.39$3,942
Feb 202301,18575.112.47$2,922
Jan 2023023176.533.39$783
Dec 2022382,23976.415.73$15,731
Nov 2022362,59785.005.65$17,723
Oct 2022342,83487.185.86$19,582
Sep 202202,49684.888.16$20,377
Aug 2022066894.529.13$6,097
Jul 20220396101.587.54$2,987
Jun 20220446115.097.98$3,558
May 20220896109.378.43$7,556
Apr 20224699104.226.84$5,196
Mar 202238568108.885.08$7,021
Feb 2022069791.054.86$3,387
Jan 20222353481.844.54$4,305
Dec 202102,95571.323.90$11,522
Nov 2021227,24477.435.24$39,639
Oct 2021236,59179.795.71$39,495
Sep 202105,94369.865.35$31,801
Aug 2021227,15366.024.22$31,642
Jul 2021227,76270.783.98$32,466
Jun 202108,47269.493.38$28,641
May 2021457,39163.483.02$25,160
Apr 202106,41760.362.76$17,701
Mar 2021237,21061.302.72$20,999
Feb 2021226,12857.805.55$35,269
Jan 2021236,86750.412.81$20,458
Dec 2020225,88244.642.68$16,719
Nov 2020246,92138.772.71$19,663
Oct 2020236,90636.972.48$17,966
Sep 2020226,90637.091.99$14,566
Aug 2020227,29239.982.39$18,272
Jul 2020227,47938.371.83$14,494
Jun 2020217,45134.901.69$13,327
May 2020207,79216.921.81$14,479
Apr 2020177,75614.751.80$14,246
Mar 2020347,39230.341.86$14,753
Feb 2020187,14449.881.98$15,048
Jan 2020437,64557.252.09$18,476
Dec 2019228,12659.012.30$20,023
Nov 2019199,26155.302.75$26,525
Oct 20191310,17553.472.42$25,304
Sep 20191211,12055.052.66$30,210
Aug 2019119,05753.112.30$21,455
Jul 2019108,64556.272.46$21,830
Jun 2019266,23052.782.49$16,892
May 2019215,77258.482.74$17,045
Apr 2019335,09362.632.75$16,076
Mar 20194510,35556.803.06$34,264
Feb 2019948,06250.852.79$27,291
Jan 20191027,33246.033.23$28,364
Dec 20181039,23146.594.19$43,435
Nov 20181617,49252.934.24$40,267
Oct 201808,74261.443.40$29,706
Sep 20181058,56759.543.11$32,878
Aug 20181108,29459.403.07$31,968
Jul 201808,55465.142.93$25,079
Jun 2018578,71560.183.08$30,246
May 2018582,28865.382.90$10,429
Apr 20181097,83563.842.90$29,686
Mar 2018989,75461.222.79$33,182
Feb 2018929,07961.782.77$30,797
Jan 20189311,24862.874.01$50,944
Dec 20179211,05657.272.92$37,569
Nov 201711010,63155.423.12$39,247
Oct 20175910,17249.292.98$33,258
Sep 20174110,39547.523.09$34,041
Aug 20171311,11545.373.00$33,984
Jul 20177211,27743.873.09$37,974
Jun 20177911,40242.493.09$38,558
May 20176912,38545.373.26$43,548
Apr 20174411,98247.933.21$40,590
Mar 20177510,21646.772.98$33,989
Feb 20177611,11650.452.95$36,655
Jan 20171411,06849.413.42$38,531
Dec 20163910,76048.763.72$41,959
Nov 20162012,01642.492.64$32,624
Oct 201611412,67246.193.09$44,425
Sep 20163414,54641.553.10$46,514
Aug 20164115,53841.442.92$47,137
Jul 20167615,05141.622.92$47,177
Jun 201610512,87445.352.69$39,339
May 20169015,32742.521.99$34,343
Apr 201613915,30036.561.99$35,545
Mar 20161216,81133.011.79$30,555
Feb 2016416,21326.472.06$33,564
Jan 2016213,86627.352.36$32,839
Dec 2015110,35732.362.00$20,761
Nov 20155215,08438.792.17$34,709
Oct 2015449,13943.552.43$24,093
Sep 2015337,37442.992.76$21,759
Aug 201507,12640.162.87$20,469
Jul 2015075748.152.95$2,229
Jun 2015033756.152.88$972
May 20150055.212.96$0
Apr 20150049.822.71$0
Mar 20150042.892.93$0
Feb 2015012644.662.98$375
Jan 20150243.433.10$6
Dec 201409154.693.59$327
Nov 2014032770.464.25$1,390
Oct 20143636178.303.90$4,227
Sep 20141364,12286.164.05$28,393
Aug 20141327,16489.394.04$40,707
Jul 2014977,66896.564.18$41,415
Jun 2014284,54498.164.74$24,273
May 201410194.734.73$952
Apr 201421620,40395.944.81$118,844
Mar 201435329,16295.895.06$181,316
Feb 201439627,75297.406.19$210,411
Jan 201447232,63490.404.86$201,294
Dec 201353035,37591.824.35$202,704
Nov 201349635,81788.853.74$177,964
Oct 20131,90944,33697.423.78$353,536
Sep 20134,38152,889104.113.72$652,733
Aug 20134,05367,133104.253.52$659,009
Jul 201353812,471102.523.72$101,520

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                5,600 Mcf  × $  3.05 =    $17,057

────────────────────────────────────────────────────
Month total                                  $17,057

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/273493 is the state's own key, not one this site invented.