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Royalty Clerk

Texas gas well

Producing

MASTERS

Masters is a gas well in Johnson County, Texas, operated by BKV Barnett II, LLC in the Newark, East (Barnett Shale) field.

1 well

57,948mcf gas, last 12 months+138% vs prior year
Operator
BKV Barnett II, LLC
County
Johnson County
Field
Newark, East (Barnett Shale)
RRC lease
09-211598

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Where it sits

This county

Johnson CountyJohnsonHoodHillEllisTarrantDallasParkerSomervellJohnson County
Johnson County
Gas in Jul 2026
6,163 mcf
Reporting since
Jan 2020

Production by month

Gas output rose 138% over the last 12 months

  • Gas (bars)
  • Last 12 months
Gas output rose 138% over the last 12 monthsMonthly gas production for MASTERS, Aug 2023 to Jul 2026. Gas output rose 138% over the last 12 months. 57,948 mcf in the 12 months through Jul 2026, against 24,341 mcf in the 12 months before.Last 12 months: 57,948 mcfmcf per month02,0004,0006,0008,000Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Gas output rose 138% over the last 12 monthsMonthly gas production for MASTERS, Aug 2023 to Jul 2026. Gas output rose 138% over the last 12 months. 57,948 mcf in the 12 months through Jul 2026, against 24,341 mcf in the 12 months before.Last 12 monthsmcf per month02,0004,0006,0008,000Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

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

All of the gas went to a transmission line in the last 12 monthsShare of MASTERS gas by disposition code each month, Aug 2023 to Jul 2026. All 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
All of the gas went to a transmission line in the last 12 monthsShare of MASTERS gas by disposition code each month, Aug 2023 to Jul 2026. All 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.

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 MASTERS
API numberWell no.Status
42-251-303391 HActive

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–
Eagleridge Operating, LLCGas-well gasGathers100Jan 1, 2022–
Concord Crude Oil Marketing LLCGas-well gasBuys100Sep 29, 2025Jun 1, 2026
Eagleridge Operating, LLCGas-well gasBuys100Jan 1, 2022Sep 29, 2025
Gulfmark Energy, Inc.CondensateGathers100Mar 1, 2020Nov 1, 2023
1849 Midstream Partners, LLCGas-well gasGathers100Mar 1, 2020Jan 1, 2022
1849 Midstream Partners, LLCGas-well gasBuys100Mar 1, 2020Jan 1, 2022
Aethon United Gas LPFull well streamGathers100May 1, 2017Mar 1, 2020

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

Who buys my oilOil price check

149.92 acres on the newest permit

Permits for Masters
API numberWell no.Acreson the permit
42-251-303391 H149.92

SourceRailroad Commission drilling permits, Sep 26, 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 MASTERS
MonthGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 2026BKV Barnett6,1636,1630$80.46$2.89
Jun 2026BKV Barnett6,0896,0890$84.81$3.15
May 2026BKV Barnett6,3256,3250$102.13$2.94
Apr 2026BKV Barnett5,9075,9070$100.32$2.77
Mar 2026BKV Barnett6,0356,0350$91.38$3.04
Feb 2026BKV Barnett6,0736,0730$64.51$3.62
Jan 2026BKV Barnett5,5005,5000$60.04$7.72
Dec 2025BKV Barnett5,6925,6920$57.97$4.26
Nov 2025BKV Barnett6,4946,4940$60.06$3.79
Oct 2025BKV Barnett1,5441,5440$60.89$3.19
Sep 2025BKV Barnett9149140$63.96$2.97
Aug 2025Bedrock Production,1,2121,2120$64.86$2.91
Jul 2025Bedrock Production,1,2701,2700$68.39$3.20
Jun 2025Bedrock Production,1,3211,3210$68.17$3.02
May 2025Bedrock Production,1,9621,9620$62.17$3.12
Apr 2025Bedrock Production,2,2502,2500$63.54$3.42
Mar 2025Bedrock Production,2,2642,2640$68.24$4.12
Feb 2025Bedrock Production,2,0512,0510$71.53$4.19
Jan 2025Bedrock Production,2,2942,2940$75.74$4.13
Dec 2024Bedrock Production,2,2852,2850$70.12$3.01
Nov 2024Bedrock Production,2,1132,1130$69.95$2.12
Oct 2024Bedrock Production,2,4392,4390$71.99$2.20
Sep 2024Bedrock Production,2,0652,0650$70.24$2.28
Aug 2024Bedrock Production,2,0272,0270$76.68$1.99
Jul 2024Bedrock Production,1,7551,7550$81.80$2.07
Jun 2024Bedrock Production,1,8701,8700$79.77$2.54
May 2024Bedrock Production,2,0912,0910$80.02$2.12
Apr 2024Bedrock Production,2,2482,2480$85.35$1.60
Mar 2024Bedrock Production,2,3582,3580$81.28$1.49
Feb 2024Bedrock Production,2,2232,2230$77.25$1.72
Jan 2024Bedrock Production,2,5072,5070$74.15$3.18
Dec 2023Bedrock Production,2,2552,2550$71.90$2.52
Nov 2023Bedrock Production,2,2952,2950$77.69$2.71
Oct 2023Bedrock Production,2,5432,5430$85.64$2.98
Sep 2023Bedrock Production,2,7332,7330$89.43$2.64
Aug 2023Bedrock Production,2,7492,7490$81.39$2.58

SourceTexas Railroad Commission Production Data Query, through Jul 2026. Prices: EIA, through Aug 2026. Updated Sep 28, 2026.

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Nearby

This lease belongs to

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

BKV Barnett II, LLC in Johnson County

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Newark, East (Barnett Shale) field

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