RFS UNIT

Operated by BKV NORTH TEXAS, LLC (P-5 100345) 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 232127District 09Field 65280200CondensateGasSaveExport
Value, all time
$14.3 M
Aug 2007 – May 2026
Value, last 12 filed months
$185 k
at the published price for each month
Months reported
226
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

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
CondensateDisposition1 bbl$53
GasProduction2,827,919 Mcf$14,254,805
Total$14,254,858

Every month this lease reported (226)

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

226 months

May 202605,334106.413.05$16,247
Apr 202605,55098.932.87$15,927
Mar 202602,63189.753.15$8,286
Feb 202602,98963.503.75$11,210
Jan 202604,16059.138.00$33,271
Dec 202504,95256.664.41$21,855
Nov 202503,68258.593.93$14,457
Oct 202503,77059.383.30$12,459
Sep 202504,39162.743.08$13,511
Aug 202504,35063.933.01$13,114
Jul 202503,24266.743.32$10,748
Jun 202504,41066.483.13$13,798
May 202504,95260.553.23$16,006
Apr 202504,00662.363.54$14,194
Mar 202503,52767.704.27$15,054
Feb 202504,00470.884.34$17,381
Jan 202504,46174.324.28$19,087
Dec 202404,75868.993.12$14,851
Nov 202404,80069.052.20$10,553
Oct 202405,25971.372.28$11,998
Sep 202403,66869.612.36$8,672
Aug 202404,45675.632.06$9,196
Jul 202404,62479.932.15$9,926
Jun 202404,43778.082.63$11,687
May 202404,33478.812.20$9,528
Apr 202404,34984.451.66$7,216
Mar 202404,43080.301.55$6,845
Feb 202404,18576.091.78$7,465
Jan 202405,18373.023.30$17,092
Dec 202305,13171.262.61$13,396
Nov 202304,94277.892.81$13,875
Oct 202305,54385.443.09$17,113
Sep 202304,74389.042.74$12,972
Aug 202304,92780.522.67$13,169
Jul 202305,82974.852.64$15,399
Jun 202305,14468.962.26$11,618
May 202305,40770.622.23$12,044
Apr 202305,42578.122.24$12,140
Mar 202304,38372.852.39$10,489
Feb 202303,11775.112.47$7,686
Jan 202304,53676.533.39$15,367
Dec 202205,80376.415.73$33,246
Nov 202205,61885.005.65$31,720
Oct 202206,27687.185.86$36,801
Sep 202203,43984.888.16$28,075
Aug 202204,84094.529.13$44,175
Jul 202204,809101.587.54$36,270
Jun 202205,186115.097.98$41,370
May 202205,982109.378.43$50,446
Apr 202205,179104.226.84$35,412
Mar 202205,612108.885.08$28,489
Feb 202205,88491.054.86$28,589
Jan 202206,17881.844.54$28,034
Dec 202105,23971.323.90$20,427
Nov 202106,17077.435.24$32,311
Oct 202106,05979.795.71$34,620
Sep 202106,21469.865.35$33,251
Aug 202106,50766.024.22$27,463
Jul 202107,05270.783.98$28,082
Jun 202106,88469.493.38$23,272
May 202107,20763.483.02$21,748
Apr 202106,88760.362.76$18,997
Mar 202106,75261.302.72$18,345
Feb 202107,11157.805.55$39,451
Jan 202106,99150.412.81$19,647
Dec 202006,90644.642.68$18,477
Nov 202006,63138.772.71$17,947
Oct 202006,64136.972.48$16,459
Sep 202006,19137.091.99$12,327
Aug 202006,20239.982.39$14,792
Jul 202006,47838.371.83$11,823
Jun 202006,23134.901.69$10,532
May 202006,44416.921.81$11,694
Apr 202006,03414.751.80$10,888
Mar 202006,39930.341.86$11,878
Feb 202005,87649.881.98$11,638
Jan 202007,07357.252.09$14,816
Dec 201907,03559.012.30$16,211
Nov 201906,97155.302.75$19,175
Oct 201906,53653.472.42$15,808
Sep 201906,81755.052.66$18,115
Aug 201907,18553.112.30$16,557
Jul 201907,25256.272.46$17,840
Jun 201916,94652.782.49$17,357
May 201907,46058.482.74$20,443
Apr 201907,28762.632.75$20,044
Mar 201907,39956.803.06$22,656
Feb 201906,80950.852.79$19,012
Jan 201907,57646.033.23$24,457
Dec 201807,93546.594.19$33,211
Nov 201807,69352.934.24$32,597
Oct 201808,55661.443.40$29,074
Sep 201807,51559.543.11$23,357
Aug 201808,57359.403.07$26,290
Jul 201808,98165.142.93$26,331
Jun 201808,80460.183.08$27,089
May 201809,30065.382.90$26,977
Apr 201807,55963.842.90$21,927
Mar 201808,44961.222.79$23,546
Feb 201809,07061.782.77$25,089
Jan 2018010,51662.874.01$42,162
Dec 201707,19057.272.92$21,006
Nov 201709,73755.423.12$30,363
Oct 2017010,51849.292.98$31,382
Sep 2017010,31347.523.09$31,839
Aug 201709,94845.373.00$29,888
Jul 201705,46943.873.09$16,884
Jun 201709,57942.493.09$29,573
May 2017010,46045.373.26$34,135
Apr 2017010,50647.933.21$33,741
Mar 2017011,02746.772.98$32,901
Feb 201708,01850.452.95$23,674
Jan 201709,65849.413.42$33,019
Dec 201608,18748.763.72$30,479
Nov 2016010,71942.492.64$28,345
Oct 2016011,30446.193.09$34,932
Sep 2016014,04141.553.10$43,536
Aug 2016015,04841.442.92$44,005
Jul 2016011,74641.622.92$34,349
Jun 201608,81245.352.69$23,668
May 2016010,09942.521.99$20,108
Apr 201609,02436.561.99$17,967
Mar 201609,25533.011.79$16,604
Feb 201608,67526.472.06$17,902
Jan 201605,39627.352.36$12,758
Dec 2015010,07632.362.00$20,166
Nov 201509,39638.792.17$20,364
Oct 201508,11543.552.43$19,692
Sep 2015010,15942.992.76$28,023
Aug 201509,87740.162.87$28,372
Jul 2015010,02148.152.95$29,513
Jun 201509,34256.152.88$26,932
May 201509,74555.212.96$28,801
Apr 201509,21349.822.71$24,936
Mar 2015010,25742.892.93$30,101
Feb 201509,35744.662.98$27,848
Jan 201508,09943.433.10$25,112
Dec 201408,22454.693.59$29,535
Nov 201409,11270.464.25$38,743
Oct 2014012,05778.303.90$47,034
Sep 2014012,42086.164.05$50,244
Aug 2014013,15289.394.04$53,070
Jul 2014014,55996.564.18$60,851
Jun 2014014,70798.164.74$69,665
May 2014015,01294.734.73$70,955
Apr 2014013,19295.944.81$63,442
Mar 2014016,54995.895.06$83,685
Feb 2014014,26297.406.19$88,310
Jan 2014017,17390.404.86$83,473
Dec 2013015,78091.824.35$68,714
Nov 2013019,10388.853.74$71,412
Oct 2013018,77497.423.78$70,954
Sep 201300104.113.72$0
Aug 201300104.253.52$0
Jul 201300102.523.72$0
Jun 201303794.403.93$146
May 201304,59994.834.15$19,082
Apr 201304,66293.964.28$19,965
Mar 201308,33293.623.91$32,602
Feb 201302,51391.233.42$8,594
Jan 201304,32191.603.42$14,777
Dec 201203,58986.773.42$12,275
Nov 201205,15586.953.62$18,687
Oct 201205,70989.383.40$19,409
Sep 201208694.672.92$251
Aug 201207,11792.662.91$20,697
Jul 201209,58985.133.02$28,966
Jun 201209,55279.822.52$24,062
May 201209,73491.612.49$24,221
Apr 201208,883101.652.00$17,738
Mar 201201,939105.052.22$4,309
Feb 201200101.102.57$0
Jan 201208,31498.092.73$22,731
Dec 2011012,26296.873.24$39,726
Nov 2011012,76495.723.31$42,265
Oct 2011013,09384.983.65$47,770
Sep 2011012,38083.623.99$49,344
Aug 2011011,64383.404.15$48,311
Jul 201103,77394.144.52$17,044
Jun 201108,78092.904.64$40,738
May 2011012,24598.134.40$53,937
Apr 2011015,326105.964.33$66,412
Mar 2011012,48296.364.06$50,644
Feb 2011011,59585.644.18$48,467
Jan 2011014,69486.504.59$67,428
Dec 2010013,90085.734.35$60,434
Nov 2010014,15880.843.80$53,734
Oct 2010015,08878.103.51$52,942
Sep 2010015,86072.633.98$63,114
Aug 2010015,32473.684.42$67,722
Jul 2010017,73872.554.74$84,016
Jun 2010017,67070.364.91$86,767
May 2010019,03771.124.24$80,626
Apr 2010020,18081.694.12$83,196
Mar 2010020,14178.394.39$88,392
Feb 2010017,12973.585.44$93,222
Jan 2010021,78274.365.96$129,910
Dec 2009023,49271.445.48$128,824
Nov 2009023,97374.593.75$89,935
Oct 2009026,48472.544.11$108,856
Sep 2009026,75765.543.06$82,004
Aug 2009027,93867.423.22$89,918
Jul 2009028,85261.133.46$99,958
Jun 2009030,38066.163.90$118,330
May 2009032,70654.743.93$128,396
Apr 2009034,56346.773.59$123,995
Mar 2009038,31542.144.06$155,521
Feb 2009035,49432.814.63$164,444
Jan 2009037,07535.865.37$199,130
Dec 2008018,26437.105.98$109,166
Nov 2008042,04055.496.86$288,410
Oct 2008040,51775.246.92$280,458
Sep 200806,912101.767.88$54,446
Aug 2008020,456114.228.48$173,529
Jul 2008041,543131.0811.39$473,151
Jun 2008033,778131.3313.03$440,216
May 2008030,963123.1711.57$358,375
Apr 2008052,176110.3110.45$545,493
Mar 2008059,689101.909.66$576,839
Feb 2008058,21292.538.77$510,553
Jan 2008060,43590.388.21$495,913
Dec 2007061,71088.337.30$450,605
Nov 2007079,59991.677.29$580,412
Oct 2007097,34682.856.92$673,827
Sep 20070120,94075.846.24$755,169
Aug 2007038,44369.066.39$245,572

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                5,334 Mcf  × $  3.05 =    $16,247

────────────────────────────────────────────────────
Month total                                  $16,247

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/232127 is the state's own key, not one this site invented.