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 276973District 09Field 652802002 tax incentive programmesCondensateGasSaveExport
Value, all time
$3.9 M
Sep 2014 – May 2026
Value, last 12 filed months
$153 k
at the published price for each month
Months reported
141
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 Gas112015-08-10214807
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
CondensateDisposition11,371 bbl$626,441
GasProduction1,021,111 Mcf$3,238,647
Total$3,865,089

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 33.2933, -97.3833. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

33.29326, -97.38326 · 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
8,037 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 8,037 ft.

Completions filed
Sep 2014
1 of 1 wells

1 well

42-12134467506 H8,037 ftSep 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 (141)

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

141 months

May 202603,413106.413.05$10,395
Apr 202603,18898.932.87$9,149
Mar 202603,34489.753.15$10,532
Feb 202603,35163.503.75$12,567
Jan 202603,27959.138.00$26,225
Dec 202503,12256.664.41$13,779
Nov 2025693,08358.593.93$16,148
Oct 202502,85659.383.30$9,439
Sep 202503,06762.743.08$9,437
Aug 2025573,36663.933.01$13,792
Jul 202503,52166.743.32$11,673
Jun 202503,26266.483.13$10,206
May 202503,28860.553.23$10,628
Apr 2025703,12362.363.54$15,430
Mar 202503,25667.704.27$13,898
Feb 202502,86670.884.34$12,441
Jan 2025743,20374.324.28$19,204
Dec 202403,16468.993.12$9,876
Nov 2024742,97269.052.20$11,643
Oct 202403,18371.372.28$7,262
Sep 2024713,09669.612.36$12,262
Aug 202403,24075.632.06$6,686
Jul 202403,12279.932.15$6,702
Jun 202403,07878.082.63$8,107
May 202403,45478.812.20$7,593
Apr 2024653,24784.451.66$10,877
Mar 202403,39280.301.55$5,241
Feb 202403,47476.091.78$6,196
Jan 202403,43673.023.30$11,331
Dec 2023733,62471.262.61$14,663
Nov 202303,52577.892.81$9,897
Oct 202303,92885.443.09$12,127
Sep 202304,00789.042.74$10,959
Aug 202304,55280.522.67$12,167
Jul 2023624,58374.852.64$16,748
Jun 2023724,43468.962.26$14,979
May 202304,72870.622.23$10,531
Apr 2023754,57278.122.24$16,090
Mar 202304,56072.852.39$10,913
Feb 202303,72975.112.47$9,195
Jan 2023784,21376.533.39$20,242
Dec 202204,27076.415.73$24,463
Nov 202204,29985.005.65$24,273
Oct 2022694,64187.185.86$33,229
Sep 202204,59784.888.16$37,528
Aug 202204,43894.529.13$40,506
Jul 202204,613101.587.54$34,792
Jun 2022714,803115.097.98$46,486
May 202204,893109.378.43$41,263
Apr 202204,720104.226.84$32,273
Mar 2022694,971108.885.08$32,748
Feb 202204,61091.054.86$22,399
Jan 2022705,02181.844.54$28,512
Dec 2021695,00971.323.90$24,452
Nov 202104,95077.435.24$25,922
Oct 202105,20879.795.71$29,758
Sep 202105,18069.865.35$27,718
Aug 202105,44766.024.22$22,990
Jul 2021685,49170.783.98$26,679
Jun 202105,33569.493.38$18,036
May 202105,58263.483.02$16,845
Apr 2021675,56360.362.76$19,389
Mar 202105,81461.302.72$15,796
Feb 202105,53957.805.55$30,730
Jan 2021695,59150.412.81$19,191
Dec 202005,39144.642.68$14,423
Nov 2020695,69938.772.71$18,100
Oct 2020685,86236.972.48$17,043
Sep 202005,69937.091.99$11,347
Aug 2020686,28439.982.39$17,707
Jul 202006,09438.371.83$11,122
Jun 2020685,94734.901.69$12,425
May 202006,29116.921.81$11,417
Apr 2020646,20114.751.80$12,133
Mar 2020576,57030.341.86$13,925
Feb 2020455,98049.881.98$14,089
Jan 202006,50957.252.09$13,635
Dec 2019526,46659.012.30$17,969
Nov 2019766,20355.302.75$21,265
Oct 2019736,41053.472.42$19,406
Sep 201906,37555.052.66$16,940
Aug 2019736,59553.112.30$19,074
Jul 2019736,96856.272.46$21,249
Jun 201906,57852.782.49$16,387
May 2019727,28958.482.74$24,185
Apr 2019697,60362.632.75$25,235
Mar 2019637,11356.803.06$25,359
Feb 2019626,39150.852.79$20,998
Jan 2019626,83846.033.23$24,928
Dec 20181206,13446.594.19$31,264
Nov 2018604,87152.934.24$23,815
Oct 2018605,51561.443.40$22,427
Sep 2018605,45759.543.11$20,533
Aug 201805,52959.403.07$16,955
Jul 2018606,21765.142.93$22,136
Jun 2018596,47060.183.08$23,458
May 2018628,06065.382.90$27,434
Apr 2018617,64363.842.90$26,065
Mar 20181277,57361.222.79$28,880
Feb 2018666,49761.782.77$22,049
Jan 2018677,40062.874.01$33,881
Dec 20172017,80157.272.92$34,302
Nov 2017667,71655.423.12$27,719
Oct 2017678,36349.292.98$28,255
Sep 2017638,12047.523.09$28,062
Aug 2017628,38245.373.00$27,996
Jul 20171028,77743.873.09$31,572
Jun 2017248,69942.493.09$27,876
May 201799,56645.373.26$31,626
Apr 2017369,28047.933.21$31,529
Mar 2017239,14846.772.98$28,370
Feb 2017308,05250.452.95$25,288
Jan 2017858,54349.413.42$33,407
Dec 20163069,68848.763.72$50,987
Nov 2016989,04342.492.64$28,077
Oct 20167410,14146.193.09$34,756
Sep 2016689,90341.553.10$33,531
Aug 201615810,60941.442.92$37,572
Jul 201618711,23541.622.92$40,638
Jun 20169111,16345.352.69$34,109
May 201618011,52342.521.99$30,596
Apr 201627011,84936.561.99$33,463
Mar 201622313,20533.011.79$31,051
Feb 201627412,31226.472.06$32,660
Jan 201627516,37227.352.36$46,231
Dec 201524217,99432.362.00$43,844
Nov 201516616,05938.792.17$41,244
Oct 201514415,50643.552.43$43,898
Sep 201520914,10342.992.76$47,887
Aug 201521013,46740.162.87$47,117
Jul 201525417,99148.152.95$65,215
Jun 201520718,80356.152.88$65,829
May 201529517,22355.212.96$67,189
Apr 201526317,30849.822.71$59,948
Mar 201542719,86242.892.93$76,603
Feb 20159210,73544.662.98$36,058
Jan 201534615,46043.433.10$62,963
Dec 201424017,95454.693.59$77,605
Nov 201451719,66070.464.25$120,019
Oct 201472826,28278.303.90$159,527
Sep 201475128,00686.164.05$178,003

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                3,413 Mcf  × $  3.05 =    $10,395

────────────────────────────────────────────────────
Month total                                  $10,395

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/276973 is the state's own key, not one this site invented.