Skip to content
Royalty Clerk

Texas gas well

Producing

LM RATER UNIT

LM Rater Unit is a gas well in Montague County, Texas, operated by BKV Barnett II, LLC in the Newark, East (Barnett Shale) field.

1 well

51,635mcf gas, last 12 months−4% vs prior year
Operator
BKV Barnett II, LLC
County
Montague County
Field
Newark, East (Barnett Shale)
RRC lease
09-265129

Is your check right?

Check my statement

Where it sits

This county

Montague CountyMontagueClayCookeMontague County
Montague County
Oil, last 12 months
282 bbl
Gas in Jul 2026
4,321 mcf

Checks stopped on this lease?

  • Operator

    Operator changed: BKV Barnett II, LLC took over from Bedrock Production, LLC in Sep 2025.

  • Buyer

    Buyer changed: BKV MARKETING, LLC replaced CONCORD CRUDE OIL MARKETING LLC as the buyer of this lease's gas from gas wells on Jun 1, 2026.

SourceRailroad Commission production, P-5 and P-4 records, data through Jul 2026.

See why checks stop on this lease

Production by month

Gas output fell 4% over the last 12 months

  • Gas (bars)
  • Oil (line)
  • Last 12 months
Gas output fell 4% over the last 12 monthsMonthly gas production and oil for LM RATER UNIT, Aug 2023 to Jul 2026. Gas output fell 4% over the last 12 months. 51,635 mcf in the 12 months through Jul 2026, against 53,950 mcf in the 12 months before.Last 12 months: 51,635 mcfmcf per monthbbl per month002,000204,000406,000608,00080Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Gas output fell 4% over the last 12 monthsMonthly gas production and oil for LM RATER UNIT, Aug 2023 to Jul 2026. Gas output fell 4% over the last 12 months. 51,635 mcf in the 12 months through Jul 2026, against 53,950 mcf in the 12 months before.Last 12 monthsmcf per monthbbl per month002,000204,000406,000608,00080Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

92% of the gas went to a transmission line in the last 12 months

  • Transmission line (2)
  • Lease fuel (1)
92% of the gas went to a transmission line in the last 12 monthsShare of LM RATER UNIT gas by disposition code each month, Aug 2023 to Jul 2026. 92% of the gas went to a transmission line in the last 12 months.Share of the lease’s gas by disposition code, per month0%50%100%Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
92% of the gas went to a transmission line in the last 12 monthsShare of LM RATER UNIT gas by disposition code each month, Aug 2023 to Jul 2026. 92% of the gas went to a transmission line in the last 12 months.Share of gas by disposition code0%50%100%Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

  • Transmission line (2)

    92% · 47,703 mcf

  • Lease fuel (1)

    7.6% · 3,932 mcf

Who has run this lease

The operator changed once, most recently in Sep 2025

Operators of this lease over timeBedrock Production, LLC, Jan 2020 to Aug 2025; BKV Barnett II, LLC, Sep 2025 to Jul 20262020202120222023202420252026Changed Sep 2025Bedrock Production, LLCJan 2020 to Aug 2025BKV Barnett II, LLCSep 2025 to now
Operators of this lease over timeBedrock Production, LLC, Jan 2020 to Aug 2025; BKV Barnett II, LLC, Sep 2025 to Jul 20262020202120222023202420252026Changed Sep 2025Bedrock Production, LLCJan 2020 to Aug 2025BKV Barnett II, LLCSep 2025 to now

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

1 well on this lease

Wells on LM RATER UNIT
API numberWell no.Status
42-337-346871HActive

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%FromUntil
Ptt Premier Trading and Tran LLCCondensateGathers100Nov 1, 2023–
Bkv Marketing, LLCGas-well gasBuys100Jun 1, 2026–
Targa Midstream Services LLCGas-well gasGathers100Feb 25, 2012–
Concord Crude Oil Marketing LLCGas-well gasBuys100Sep 29, 2025Jun 1, 2026
Targa Midstream Services LLCGas-well gasBuys100Nov 1, 2023Sep 29, 2025
Gulfmark Energy, Inc.CondensateGathers100Oct 1, 2018Nov 1, 2023
Targa Midstream Services LLCGas-well gasBuys100Oct 1, 2018Nov 1, 2023

SourceRailroad Commission Form P-4 file, Sep 24, 2026 (source).

Who buys my oilOil price check

501.96 acres on the newest permit

Check your decimal on this lease
Permits for LM Rater Unit
API numberWell no.Acreson the permit
42-337-346871H501.96

SourceRailroad Commission drilling permits, Oct 3, 2026 (source 1, source 2).

Unit decimal checker

What BKV Corporation told investors it received

BKV Barnett II, LLC is linked to BKV Corporation (BKV).
Realized prices reported by BKV Corporation
QuarterOil$ per bblFiling
Q2 2026$86.91SEC filing
Q1 2026$70.87SEC filing
Q4 2025$52.61SEC filing
Q3 2025$59.62SEC filing
Q2 2025$57.66SEC filing
Q1 2025$65.28SEC filing

SourceBKV Corporation quarterly reports, SEC EDGAR, company-wide averages before hedging.

Estimate your royalty

36 months, newest first

Ledger for LM RATER UNIT
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 2026BKV Barnett904,3213,9860$80.46$2.89
Jun 2026BKV Barnett22954,2933,9690$84.81$3.15
May 2026BKV Barnett7304,5784,2430$102.13$2.94
Apr 2026BKV Barnett311864,1993,8750$100.32$2.77
Mar 2026BKV Barnett004,5344,1990$91.38$3.04
Feb 2026BKV Barnett1003,9053,6030$64.51$3.62
Jan 2026BKV Barnett6304,2793,9550$60.04$7.72
Dec 2025BKV Barnett004,4034,0680$57.97$4.26
Nov 2025BKV Barnett004,2293,9050$60.06$3.79
Oct 2025BKV Barnett1504,1093,7740$60.89$3.19
Sep 2025BKV Barnett2804,2363,9120$63.96$2.97
Aug 2025Bedrock Production,311254,5494,2140$64.86$2.91
Jul 2025Bedrock Production,2404,1943,8590$68.39$3.20
Jun 2025Bedrock Production,3204,5054,1810$68.17$3.02
May 2025Bedrock Production,4404,6064,2710$62.17$3.12
Apr 2025Bedrock Production,311764,6574,3330$63.54$3.42
Mar 2025Bedrock Production,4004,5134,1780$68.24$4.12
Feb 2025Bedrock Production,3204,2193,9170$71.53$4.19
Jan 2025Bedrock Production,4004,5974,2620$75.74$4.13
Dec 2024Bedrock Production,3104,6584,3230$70.12$3.01
Nov 2024Bedrock Production,451604,2403,9160$69.95$2.12
Oct 2024Bedrock Production,6904,5844,2490$71.99$2.20
Sep 2024Bedrock Production,3504,4924,1680$70.24$2.28
Aug 2024Bedrock Production,004,6854,3500$76.68$1.99
Jul 2024Bedrock Production,431734,6174,2820$81.80$2.07
Jun 2024Bedrock Production,7304,6954,3710$79.77$2.54
May 2024Bedrock Production,6705,4045,0690$80.02$2.12
Apr 2024Bedrock Production,504,5994,2750$85.35$1.60
Mar 2024Bedrock Production,321603,9953,6610$81.28$1.49
Feb 2024Bedrock Production,4703,5913,2800$77.25$1.72
Jan 2024Bedrock Production,4404,7344,3990$74.15$3.18
Dec 2023Bedrock Production,2504,8274,5050$71.90$2.52
Nov 2023Bedrock Production,501574,6374,3130$77.69$2.71
Oct 2023Bedrock Production,4804,4184,0830$85.64$2.98
Sep 2023Bedrock Production,5004,5024,1780$89.43$2.64
Aug 2023Bedrock Production,1404,9174,5820$81.39$2.58

SourceTexas Railroad Commission Production Data Query, through Jul 2026. Prices: EIA, through Aug 2026. Updated Oct 2, 2026.

How to check your stub against this lease Checks stopped on this lease? See the likely reasons

Do your checks match this lease?

Check my statement

Nearby

This lease belongs to

OperatorBKV Barnett II, LLCFieldNewark, East (Barnett Shale)CountyMontague County

BKV Barnett II, LLC in Montague County

All BKV Barnett II, LLC leases →

Newark, East (Barnett Shale) field

All leases in this field →

Leases within 10 km

New drilling permits in Montague County

Newest in the county: this lease has no coordinates.