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 273495District 09Field 652802002 tax incentive programmesCondensateGasSaveExport
Value, all time
$8.7 M
Jul 2013 – May 2026
Value, last 12 filed months
$259 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 Gas112014-09-26211987
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
CondensateDisposition19,248 bbl$1,564,005
GasProduction2,024,778 Mcf$7,183,805
Total$8,747,811

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, -97.3742. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

33.26456, -97.37419 · 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
8,144 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 8,144 ft.

Completions filed
Jul 2013
1 of 1 wells

1 well

42-12134347314H8,144 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 202602,048106.413.05$6,238
Apr 202603,43098.932.87$9,843
Mar 202607,21989.753.15$22,736
Feb 202606,16363.503.75$23,113
Jan 202606,14259.138.00$49,123
Dec 202506,91356.664.41$30,510
Nov 2025386,55058.593.93$27,945
Oct 202506,13859.383.30$20,285
Sep 202504,54862.743.08$13,994
Aug 202505,31663.933.01$16,026
Jul 2025385,76566.743.32$21,648
Jun 202505,52066.483.13$17,271
May 202505,12060.553.23$16,549
Apr 202504,80262.363.54$17,014
Mar 202505,50867.704.27$23,510
Feb 202504,87070.884.34$21,140
Jan 202506,70374.324.28$28,680
Dec 2024395,76968.993.12$20,698
Nov 202406,93369.052.20$15,242
Oct 202407,13271.372.28$16,271
Sep 202406,32469.612.36$14,952
Aug 202406,77675.632.06$13,983
Jul 202407,04179.932.15$15,114
Jun 202406,23978.082.63$16,433
May 202407,66278.812.20$16,844
Apr 2024386,67784.451.66$14,288
Mar 202406,66380.301.55$10,295
Feb 2024376,32876.091.78$14,102
Jan 202406,37073.023.30$21,006
Dec 202306,81671.262.61$17,795
Nov 2023376,75677.892.81$21,850
Oct 202307,17085.443.09$22,136
Sep 202306,61689.042.74$18,095
Aug 202306,60680.522.67$17,657
Jul 2023368,02974.852.64$23,906
Jun 202307,39868.962.26$16,708
May 202307,42170.622.23$16,530
Apr 202306,85178.122.24$15,331
Mar 202307,36972.852.39$17,635
Feb 202306,55775.112.47$16,167
Jan 202308,22176.533.39$27,850
Dec 2022386,60376.415.73$40,733
Nov 2022366,96285.005.65$42,369
Oct 2022347,75487.185.86$48,432
Sep 202208,01784.888.16$65,448
Aug 202209,45494.529.13$86,288
Jul 202209,611101.587.54$72,487
Jun 202209,770115.097.98$77,937
May 202208,898109.378.43$75,037
Apr 202277,103104.226.84$49,297
Mar 2022697,185108.885.08$43,987
Feb 202205,65991.054.86$27,496
Jan 20224616,55181.844.54$78,868
Dec 202107,10471.323.90$27,699
Nov 2021459,59977.435.24$53,753
Oct 2021469,44979.795.71$57,661
Sep 2021010,30969.865.35$55,163
Aug 20214511,00566.024.22$49,418
Jul 20214511,96070.783.98$50,811
Jun 2021011,02969.493.38$37,285
May 2021928,76363.483.02$32,284
Apr 202108,24960.362.76$22,754
Mar 2021469,02661.302.72$27,343
Feb 2021456,57657.805.55$39,084
Jan 2021468,93550.412.81$27,429
Dec 2020457,79944.642.68$22,875
Nov 2020486,99438.772.71$20,791
Oct 2020467,54236.972.48$20,393
Sep 2020457,16937.091.99$15,943
Aug 2020447,84439.982.39$20,468
Jul 2020458,20038.371.83$16,693
Jun 2020448,06934.901.69$15,175
May 2020458,29816.921.81$15,820
Apr 2020427,15514.751.80$13,530
Mar 2020897,95630.341.86$17,468
Feb 2020507,35049.881.98$17,052
Jan 20201308,10357.252.09$24,416
Dec 2019678,48559.012.30$23,506
Nov 2019596,90755.302.75$22,262
Oct 2019444,88853.472.42$14,175
Sep 2019439,00955.052.66$26,307
Aug 2019439,00053.112.30$23,023
Jul 2019429,36756.272.46$25,407
Jun 20198510,19752.782.49$29,889
May 2019386,03358.482.74$18,755
Apr 2019357,91462.632.75$23,961
Mar 20192510,57056.803.06$33,786
Feb 2019479,95750.852.79$30,192
Jan 2019509,12546.033.23$31,759
Dec 2018498,42846.594.19$37,558
Nov 2018707,91452.934.24$37,239
Oct 201807,60661.443.40$25,846
Sep 2018387,95759.543.11$26,993
Aug 2018329,03559.403.07$29,607
Jul 201808,43265.142.93$24,722
Jun 2018510,96160.183.08$34,027
May 2018610,89765.382.90$32,002
Apr 2018149,24863.842.90$27,720
Mar 2018227,88461.222.79$23,318
Feb 2018318,26961.782.77$24,788
Jan 2018438,07162.874.01$35,063
Dec 2017857,43957.272.92$26,601
Nov 20171127,10655.423.12$28,366
Oct 20176211,52549.292.98$37,443
Sep 20174711,40347.523.09$37,438
Aug 20172111,66445.373.00$35,996
Jul 20176511,27343.873.09$37,654
Jun 20179511,20042.493.09$38,614
May 201717211,40845.373.26$45,033
Apr 201721911,09747.933.21$46,136
Mar 20178010,12046.772.98$33,936
Feb 20179411,10850.452.95$37,540
Jan 20171314,40649.413.42$49,894
Dec 20161814,17948.763.72$53,664
Nov 2016914,30842.492.64$38,218
Oct 20166014,75246.193.09$48,359
Sep 20163517,01941.553.10$54,224
Aug 20164617,22341.442.92$52,272
Jul 20163318,54041.622.92$55,591
Jun 20166317,64245.352.69$50,240
May 20169017,72442.521.99$39,116
Apr 201614617,66136.561.99$40,502
Mar 20161519,92533.011.79$36,241
Feb 2016720,30726.472.06$42,091
Jan 2016419,20927.352.36$45,526
Dec 2015217,34232.362.00$34,773
Nov 201511412,70538.792.17$31,958
Oct 201512320,12643.552.43$54,194
Sep 201513720,20142.992.76$61,612
Aug 201519713,44740.162.87$46,538
Jul 201527411,03248.152.95$45,683
Jun 2015715,21056.152.88$19,006
May 2015672255.212.96$2,465
Apr 20150049.822.71$0
Mar 201531124,73742.892.93$85,935
Feb 201547330,82144.662.98$112,853
Jan 201556938,63143.433.10$144,492
Dec 201443839,69654.693.59$166,517
Nov 201422931,75270.464.25$151,140
Oct 20146728,22878.303.90$115,362
Sep 201413628,16986.164.05$125,674
Aug 201413231,58389.394.04$139,241
Jul 20149733,27296.564.18$148,430
Jun 20144417,34798.164.74$86,490
May 20142033194.734.73$3,459
Apr 201441630,85195.944.81$188,277
Mar 201463540,13295.895.06$263,830
Feb 201465236,93797.406.19$292,219
Jan 201475244,99090.404.86$286,665
Dec 201385349,65991.824.35$294,562
Nov 201398647,27388.853.74$264,326
Oct 20131,26854,91397.423.78$331,065
Sep 20131,02258,528104.113.72$323,992
Aug 20133,18387,495104.253.52$640,039
Jul 20131,98657,727102.523.72$418,219

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                2,048 Mcf  × $  3.05 =     $6,238

────────────────────────────────────────────────────
Month total                                   $6,238

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/273495 is the state's own key, not one this site invented.