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 275525District 09Field 652802002 tax incentive programmesCondensateGasSaveExport
Value, all time
$10.3 M
May 2014 – May 2026
Value, last 12 filed months
$510 k
at the published price for each month
Months reported
145
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 Gas112015-03-11213972
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
CondensateDisposition42,127 bbl$2,581,038
GasProduction2,361,858 Mcf$7,764,307
Total$10,345,346

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 33.2642, -97.3638. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

33.26418, -97.36383 · 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
May 2014
1 of 1 wells

1 well

42-12134443407H8,291 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 20261909,530106.413.05$49,245
Apr 202608,63398.932.87$24,774
Mar 202609,32789.753.15$29,375
Feb 20261948,42063.503.75$43,897
Jan 20261949,94559.138.00$91,011
Dec 2025010,11556.664.41$44,641
Nov 20251939,09258.593.93$47,007
Oct 202509,39059.383.30$31,032
Sep 20251939,29662.743.08$40,712
Aug 2025010,27663.933.01$30,980
Jul 2025010,05766.743.32$33,341
Jun 20252129,65766.483.13$44,308
May 2025010,26560.553.23$33,180
Apr 20251869,76762.363.54$46,205
Mar 20251939,97667.704.27$55,647
Feb 202508,58770.884.34$37,275
Jan 202519110,52574.324.28$59,228
Dec 202409,18368.993.12$28,664
Nov 20242107,86969.052.20$31,800
Oct 202406,74571.372.28$15,388
Sep 202403,15969.612.36$7,469
Aug 20240075.632.06$0
Jul 202404,24579.932.15$9,112
Jun 20241849,74978.082.63$40,045
May 2024010,72178.812.20$23,569
Apr 202418510,95284.451.66$33,795
Mar 202407,20680.301.55$11,134
Feb 202404,08676.091.78$7,288
Jan 20241919,46273.023.30$45,149
Dec 2023010,73271.262.61$28,018
Nov 202318210,08377.892.81$42,485
Oct 2023010,46285.443.09$32,299
Sep 202319410,33789.042.74$45,546
Aug 2023010,56680.522.67$28,242
Jul 202319110,65774.852.64$42,450
Jun 202318610,41768.962.26$36,353
May 2023010,86170.622.23$24,192
Apr 202318510,70678.122.24$38,410
Mar 202318910,90872.852.39$39,873
Feb 20231669,71675.112.47$36,425
Jan 20231859,96176.533.39$47,903
Dec 202218110,64576.415.73$74,816
Nov 2022010,76985.005.65$60,804
Oct 2022011,41887.185.86$66,952
Sep 2022010,12184.888.16$82,625
Aug 2022010,35394.529.13$94,493
Jul 202219411,537101.587.54$106,720
Jun 202219211,646115.097.98$115,000
May 2022012,056109.378.43$101,669
Apr 202217711,530104.226.84$97,284
Mar 202218211,876108.885.08$80,103
Feb 202218310,42491.054.86$67,311
Jan 202218611,60481.844.54$67,877
Dec 2021012,21871.323.90$47,639
Nov 202118212,01877.435.24$77,029
Oct 202117613,05079.795.71$88,609
Sep 2021012,48669.865.35$66,812
Aug 202118313,22566.024.22$67,899
Jul 202117713,17570.783.98$64,992
Jun 202118112,77369.493.38$55,758
May 202120313,18563.483.02$52,674
Apr 2021012,68060.362.76$34,977
Mar 202118513,13861.302.72$47,036
Feb 202118410,04357.805.55$66,353
Jan 202117513,46750.412.81$46,668
Dec 2020013,30644.642.68$35,600
Nov 202036412,95638.772.71$49,179
Oct 2020012,62836.972.48$31,298
Sep 202018512,57637.091.99$31,901
Aug 202017913,00939.982.39$38,184
Jul 2020013,11438.371.83$23,935
Jun 202018112,62334.901.69$27,654
May 202018012,90516.921.81$26,465
Apr 202018212,92614.751.80$26,008
Mar 202018313,44630.341.86$30,511
Feb 202018412,92849.881.98$34,784
Jan 2020012,09757.252.09$25,340
Dec 201919014,39159.012.30$44,374
Nov 201918314,03855.302.75$48,734
Oct 201917914,75053.472.42$45,245
Sep 201917314,23455.052.66$47,347
Aug 201918614,71653.112.30$43,789
Jul 201917614,61856.272.46$45,865
Jun 201918214,75852.782.49$46,371
May 201918015,74058.482.74$53,659
Apr 201918015,14262.632.75$52,925
Mar 201937115,00256.803.06$67,010
Feb 201918514,02250.852.79$48,560
Jan 201918816,35146.033.23$61,438
Dec 201837316,56146.594.19$86,693
Nov 2018017,11852.934.24$72,533
Oct 201835517,85561.443.40$82,484
Sep 201818315,92759.543.11$60,397
Aug 201818416,93159.403.07$62,850
Jul 201818416,91565.142.93$61,579
Jun 201818416,62760.183.08$62,233
May 201818416,92565.382.90$61,126
Apr 201818315,71163.842.90$57,257
Mar 201818617,55061.222.79$60,296
Feb 201818315,60461.782.77$54,468
Jan 2018018,25662.874.01$73,194
Dec 201718418,58457.272.92$64,831
Nov 201717817,72155.423.12$65,125
Oct 201716919,07249.292.98$65,235
Sep 201736318,75347.523.09$75,146
Aug 201717920,00045.373.00$68,209
Jul 201735920,04543.873.09$77,634
Jun 201736718,96042.493.09$74,129
May 201718518,59545.373.26$69,076
Apr 201736918,26747.933.21$76,352
Mar 201737220,25446.772.98$77,830
Feb 201718618,75250.452.95$64,751
Jan 201737021,31749.413.42$91,160
Dec 201636919,71148.763.72$91,373
Nov 201634618,27442.492.64$63,024
Oct 201637019,38546.193.09$76,995
Sep 201636919,55341.553.10$75,959
Aug 201636320,94541.442.92$76,293
Jul 201636822,82641.622.92$82,067
Jun 201655421,87945.352.69$83,887
May 201637223,61642.521.99$62,838
Apr 201655723,42436.561.99$67,002
Mar 201653825,23533.011.79$63,031
Feb 201655025,58926.472.06$67,365
Jan 201659227,73927.352.36$81,776
Dec 201578228,92632.362.00$83,198
Nov 201558629,40038.792.17$86,450
Oct 201562130,32343.552.43$100,626
Sep 201566531,17342.992.76$114,577
Aug 201576231,74540.162.87$121,789
Jul 201577235,67248.152.95$142,229
Jun 201577837,83956.152.88$152,769
May 201599636,94655.212.96$164,181
Apr 201557932,63649.822.71$117,177
Mar 20151,35836,26642.892.93$164,675
Feb 201599835,94444.662.98$151,547
Jan 201599337,16743.433.10$158,367
Dec 20142775,12254.693.59$33,544
Nov 201498617,71170.464.25$144,778
Oct 20141,15827,18178.303.90$196,703
Sep 20141,15734,44286.164.05$239,020
Aug 20141,71445,25089.394.04$335,804
Jul 20142,11157,14696.564.18$442,686
Jun 20142,67969,32698.164.74$591,360
May 201438111,81394.734.73$91,927

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           190 bbl  × $106.41 =    $20,218
Gas                9,530 Mcf  × $  3.05 =    $29,027

────────────────────────────────────────────────────
Month total                                  $49,245

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/275525 is the state's own key, not one this site invented.