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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 278654District 09Field 652802002 tax incentive programmesCondensateGasSaveExport
Value, all time
$4.8 M
May 2014 – May 2026
Value, last 12 filed months
$113 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 Gas112015-12-30213974
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
CondensateDisposition9,227 bbl$601,460
GasProduction1,235,714 Mcf$4,172,866
Total$4,774,326

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, -97.3661. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

33.26429, -97.36614 · 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
8,296 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 8,296 ft.

Completions filed
May 2014
1 of 1 wells

1 well

42-12134442408H8,296 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 202601,122106.413.05$3,417
Apr 2026087898.932.87$2,520
Mar 2026071589.753.15$2,252
Feb 202601,23563.503.75$4,632
Jan 202602,50059.138.00$19,995
Dec 202501,96456.664.41$8,668
Nov 202502,68258.593.93$10,531
Oct 202502,77959.383.30$9,184
Sep 20252842,76862.743.08$26,335
Aug 202502,70263.933.01$8,146
Jul 202502,64866.743.32$8,779
Jun 202502,70366.483.13$8,457
May 202502,91260.553.23$9,413
Apr 202503,08962.363.54$10,945
Mar 202502,73567.704.27$11,674
Feb 202502,54270.884.34$11,034
Jan 202502,22074.324.28$9,499
Dec 202403,06668.993.12$9,570
Nov 202402,40769.052.20$5,292
Oct 2024092871.372.28$2,117
Sep 202419018869.612.36$13,670
Aug 2024032375.632.06$667
Jul 202403,63179.932.15$7,794
Jun 202403,02478.082.63$7,965
May 202403,06378.812.20$6,734
Apr 202402,98184.451.66$4,946
Mar 202402,99780.301.55$4,631
Feb 202403,00776.091.78$5,363
Jan 202403,07773.023.30$10,147
Dec 20231883,79071.262.61$23,292
Nov 202304,26577.892.81$11,974
Oct 202304,41585.443.09$13,630
Sep 202304,09089.042.74$11,186
Aug 202304,37880.522.67$11,702
Jul 202304,65074.852.64$12,284
Jun 202304,46368.962.26$10,080
May 202304,31670.622.23$9,613
Apr 202303,34178.122.24$7,476
Mar 202302,10972.852.39$5,047
Feb 202302,26875.112.47$5,592
Jan 202303,05176.533.39$10,336
Dec 202204,24976.415.73$24,343
Nov 202204,37385.005.65$24,691
Oct 202204,19387.185.86$24,587
Sep 202203,38384.888.16$27,618
Aug 202204,91694.529.13$44,869
Jul 202204,144101.587.54$31,254
Jun 202204,028115.097.98$32,132
May 202204,484109.378.43$37,814
Apr 202204,131104.226.84$28,246
Mar 202204,336108.885.08$22,011
Feb 202203,84391.054.86$18,673
Jan 202205,09181.844.54$23,101
Dec 20211845,07871.323.90$32,923
Nov 202105,67277.435.24$29,703
Oct 202105,87279.795.71$33,552
Sep 202104,46069.865.35$23,865
Aug 20211813,31166.024.22$25,924
Jul 202104,17070.783.98$16,605
Jun 202104,53869.493.38$15,341
May 202104,26363.483.02$12,864
Apr 202103,89560.362.76$10,744
Mar 202103,89961.302.72$10,593
Feb 202103,83657.805.55$21,282
Jan 202106,08250.412.81$17,092
Dec 202005,38444.642.68$14,405
Nov 20201864,76538.772.71$20,108
Oct 202006,02436.972.48$14,930
Sep 202003,84337.091.99$7,652
Aug 202006,11339.982.39$14,580
Jul 202005,72238.371.83$10,443
Jun 202004,36934.901.69$7,385
May 202006,72916.921.81$12,211
Apr 202007,17714.751.80$12,950
Mar 20201847,26230.341.86$19,063
Feb 202006,84249.881.98$13,552
Jan 202007,76257.252.09$16,259
Dec 201907,72459.012.30$17,799
Nov 20191876,78855.302.75$29,013
Oct 201907,77453.472.42$18,802
Sep 201907,43055.052.66$19,744
Aug 201908,41953.112.30$19,400
Jul 201908,39756.272.46$20,657
Jun 20191858,38152.782.49$30,643
May 201908,77958.482.74$24,057
Apr 201928,72362.632.75$24,120
Mar 201908,19956.803.06$25,106
Feb 20191415,62350.852.79$22,871
Jan 201906,56646.033.23$21,196
Dec 201804,75146.594.19$19,885
Nov 20181718,80452.934.24$46,356
Oct 2018014,67961.443.40$49,880
Sep 201809,70259.543.11$30,154
Aug 201808,98959.403.07$27,565
Jul 20181809,95565.142.93$40,912
Jun 201809,72160.183.08$29,911
May 2018010,80665.382.90$31,346
Apr 2018010,41263.842.90$30,203
Mar 201818811,01861.222.79$42,215
Feb 201809,38261.782.77$25,952
Jan 201817810,36862.874.01$52,759
Dec 201709,91157.272.92$28,955
Nov 201707,15255.423.12$22,303
Oct 2017011,41449.292.98$34,056
Sep 201718211,16447.523.09$43,115
Aug 2017011,54645.373.00$34,689
Jul 2017012,26943.873.09$37,878
Jun 2017011,82542.493.09$36,507
May 201718511,32945.373.26$45,365
Apr 2017010,86747.933.21$34,900
Mar 2017010,29946.772.98$30,729
Feb 201718310,67550.452.95$40,751
Jan 2017013,47949.413.42$46,082
Dec 2016010,61448.763.72$39,514
Nov 201618115,59042.492.64$48,916
Oct 2016016,76546.193.09$51,808
Sep 2016016,63841.553.10$51,588
Aug 201618818,06241.442.92$60,610
Jul 201608,47941.622.92$24,795
Jun 201618517,37945.352.69$55,067
May 2016015,10242.521.99$30,069
Apr 2016017,02036.561.99$33,888
Mar 201618110,14333.011.79$24,171
Feb 201602,32326.472.06$4,794
Jan 20161837,50327.352.36$22,745
Dec 201509,83932.362.00$19,692
Nov 201514510,67538.792.17$28,761
Oct 2015011,31043.552.43$27,445
Sep 2015577,18742.992.76$22,275
Aug 201518410,35640.162.87$37,137
Jul 2015011,79948.152.95$34,749
Jun 201508,79856.152.88$25,363
May 201501,54055.212.96$4,551
Apr 201521,37949.822.71$3,832
Mar 201539123,81742.892.93$86,666
Feb 201519620,45744.662.98$69,637
Jan 201536529,33543.433.10$106,809
Dec 201420327,71454.693.59$110,633
Nov 201437329,41670.464.25$151,354
Oct 201456836,55478.303.90$187,070
Sep 201438236,03186.164.05$178,674
Aug 201456542,03089.394.04$220,101
Jul 201473647,80496.564.18$270,870
Jun 201477065,91198.164.74$387,796
May 201419314,56394.734.73$87,116

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                1,122 Mcf  × $  3.05 =     $3,417

────────────────────────────────────────────────────
Month total                                   $3,417

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/278654 is the state's own key, not one this site invented.