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M.T. COLE-BJ BARNETT (SA)

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 275406District 09Field 652802002 tax incentive programmesCondensateGasSaveExport
Value, all time
$6.5 M
May 2014 – May 2026
Value, last 12 filed months
$323 k
at the published price for each month
Months reported
145
no gaps in the span
Streams
2
condensate, gas

The NEWARK, EAST (BARNETT SHALE) field

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 Gas112015-03-11213987
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
CondensateDisposition14,747 bbl$939,613
GasProduction1,677,646 Mcf$5,570,435
Total$6,510,049

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 33.2643, -97.3673. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

33.26433, -97.36731 · 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
8,189 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 8,189 ft.

Completions filed
May 2014
1 of 1 wells

1 well

42-12134444418H8,189 ftMay 2014——

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 (145)

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

145 months

May 202607,289106.413.05$22,201
Apr 202606,61698.932.87$18,986
Mar 202606,93789.753.15$21,848
Feb 20261836,41363.503.75$35,671
Jan 202606,74059.138.00$53,906
Dec 202507,14656.664.41$31,538
Nov 202506,11158.593.93$23,994
Oct 202506,56659.383.30$21,700
Sep 202506,15162.743.08$18,926
Aug 20251806,91963.933.01$32,367
Jul 202506,62766.743.32$21,970
Jun 202506,39066.483.13$19,993
May 202506,63260.553.23$21,437
Apr 202506,32762.363.54$22,417
Mar 202506,61067.704.27$28,214
Feb 20252005,60670.884.34$38,511
Jan 202506,84274.324.28$29,275
Dec 202406,63168.993.12$20,698
Nov 20242026,60669.052.20$28,471
Oct 202407,56771.372.28$17,263
Sep 202408,03369.612.36$18,993
Aug 202408,16675.632.06$16,852
Jul 202406,84179.932.15$14,685
Jun 202406,81078.082.63$17,937
May 20241686,83478.812.20$28,264
Apr 202406,80384.451.66$11,288
Mar 202407,29980.301.55$11,278
Feb 202406,94376.091.78$12,384
Jan 20241947,06873.023.30$37,474
Dec 202306,93871.262.61$18,113
Nov 202306,89177.892.81$19,347
Oct 202307,26485.443.09$22,426
Sep 202306,97589.042.74$19,077
Aug 202307,17880.522.67$19,186
Jul 202307,15874.852.64$18,910
Jun 202307,02368.962.26$15,861
May 20231837,47570.622.23$29,573
Apr 202307,38278.122.24$16,519
Mar 202308,06772.852.39$19,306
Feb 202307,34575.112.47$18,110
Jan 202307,24676.533.39$24,547
Dec 202207,47676.415.73$42,831
Nov 20221937,57385.005.65$59,164
Oct 202207,99787.185.86$46,892
Sep 202207,61784.888.16$62,183
Aug 202204,84094.529.13$44,175
Jul 202208,202101.587.54$61,860
Jun 202208,228115.097.98$65,636
May 202208,562109.378.43$72,204
Apr 20221798,423104.226.84$76,248
Mar 202208,583108.885.08$43,571
Feb 202207,52091.054.86$36,538
Jan 20221767,91081.844.54$50,297
Dec 202107,67871.323.90$29,937
Nov 202107,48177.435.24$39,177
Oct 20211858,12679.795.71$61,192
Sep 202108,06269.865.35$43,139
Aug 202108,59666.024.22$36,280
Jul 202108,50470.783.98$33,864
Jun 202108,24769.493.38$27,880
May 202108,69363.483.02$26,233
Apr 202108,52060.362.76$23,502
Mar 202108,80661.302.72$23,925
Feb 202106,58157.805.55$36,511
Jan 20211837,68450.412.81$30,819
Dec 202007,82444.642.68$20,933
Nov 202007,45338.772.71$20,172
Oct 20201807,59336.972.48$25,473
Sep 202008,06637.091.99$16,060
Aug 202008,72139.982.39$20,800
Jul 202009,11838.371.83$16,641
Jun 202008,87034.901.69$14,993
May 20201918,82516.921.81$19,247
Apr 202008,50214.751.80$15,341
Mar 202008,85830.341.86$16,442
Feb 20201878,38649.881.98$25,937
Jan 202009,13057.252.09$19,125
Dec 201909,11759.012.30$21,009
Nov 20191889,11655.302.75$35,472
Oct 201908,96453.472.42$21,680
Sep 201909,03755.052.66$24,014
Aug 201909,45953.112.30$21,797
Jul 20191809,51056.272.46$33,524
Jun 201909,39552.782.49$23,405
May 201909,90558.482.74$27,143
Apr 20191889,65262.632.75$38,324
Mar 201909,59356.803.06$29,375
Feb 201909,17250.852.79$25,610
Jan 2019010,67546.033.23$34,461
Dec 201817711,42046.594.19$56,044
Nov 2018011,49652.934.24$48,711
Oct 201818111,26261.443.40$49,390
Sep 2018010,41759.543.11$32,376
Aug 2018010,67759.403.07$32,742
Jul 201819511,40665.142.93$46,143
Jun 2018011,16860.183.08$34,363
May 2018011,63065.382.90$33,736
Apr 201818311,27363.842.90$44,383
Mar 2018011,91861.222.79$33,214
Feb 201818810,46261.782.77$40,554
Jan 2018011,77462.874.01$47,206
Dec 201718612,01957.272.92$45,766
Nov 2017012,35155.423.12$38,515
Oct 201718412,42149.292.98$46,130
Sep 2017012,64547.523.09$39,039
Aug 2017013,20545.373.00$39,673
Jul 201717713,14643.873.09$48,350
Jun 2017013,27542.493.09$40,984
May 201718412,92145.373.26$50,514
Apr 201718012,68647.933.21$49,370
Mar 2017013,66546.772.98$40,772
Feb 201718614,23150.452.95$51,402
Jan 2017016,19949.413.42$55,381
Dec 201618215,98448.763.72$68,380
Nov 201618715,09142.492.64$47,852
Oct 2016015,88646.193.09$49,092
Sep 201619014,02341.553.10$51,375
Aug 2016013,66641.442.92$39,964
Jul 201618115,60041.622.92$53,153
Jun 201618515,35045.352.69$49,617
May 2016018,02742.521.99$35,892
Apr 201636217,26836.561.99$47,616
Mar 201619117,43233.011.79$37,578
Feb 201619417,70926.472.06$41,680
Jan 201618718,64327.352.36$49,193
Dec 201519720,26632.362.00$46,936
Nov 201517222,18038.792.17$54,743
Oct 201520919,58343.552.43$56,622
Sep 201510019,46542.992.76$57,992
Aug 201518019,12140.162.87$62,154
Jul 201519420,01248.152.95$68,278
Jun 2015016,60456.152.88$47,867
May 201517514,56955.212.96$52,720
Apr 20151913,49149.822.71$18,964
Mar 201539320,61942.892.93$77,367
Feb 201519520,11644.662.98$68,578
Jan 201537825,68643.433.10$96,059
Dec 201452030,07854.693.59$136,460
Nov 201457830,81170.464.25$171,729
Oct 201457632,72978.303.90$172,775
Sep 201456133,89886.164.05$185,468
Aug 201475239,02989.394.04$224,708
Jul 201496744,14196.564.18$277,865
Jun 201499853,50998.164.74$351,429
May 201419114,07894.734.73$84,634

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                7,289 Mcf  × $  3.05 =    $22,201

────────────────────────────────────────────────────
Month total                                  $22,201

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/275406 is the state's own key, not one this site invented.