GAFFORD 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 233921District 09Field 65280200GasSaveExport
Value, all time
$30.9 M
Jul 2007 – May 2026
Value, last 12 filed months
$206 k
at the published price for each month
Months reported
227
no gaps in the span
Streams
1
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
GasProduction5,743,129 Mcf$30,939,446
Total$30,939,446

Every month this lease reported (227)

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

227 months

May 20264,522106.413.05$13,773
Apr 20264,51298.932.87$12,948
Mar 20264,21389.753.15$13,269
Feb 20264,40963.503.75$16,535
Jan 20264,91559.138.00$39,310
Dec 20254,74656.664.41$20,946
Nov 20254,35858.593.93$17,111
Oct 20254,31259.383.30$14,250
Sep 20254,66562.743.08$14,354
Aug 20254,48163.933.01$13,509
Jul 20254,39066.743.32$14,554
Jun 20255,06066.483.13$15,831
May 20254,88060.553.23$15,774
Apr 20254,92362.363.54$17,443
Mar 20255,03267.704.27$21,478
Feb 20254,55070.884.34$19,751
Jan 20254,98674.324.28$21,334
Dec 20245,25368.993.12$16,397
Nov 20244,50869.052.20$9,911
Oct 20245,29771.372.28$12,085
Sep 20245,31869.612.36$12,574
Aug 20244,96875.632.06$10,252
Jul 20245,12079.932.15$10,991
Jun 20244,99478.082.63$13,154
May 20245,06378.812.20$11,131
Apr 20245,20184.451.66$8,630
Mar 20245,29580.301.55$8,181
Feb 20244,58276.091.78$8,173
Jan 20245,46073.023.30$18,005
Dec 20235,39771.262.61$14,090
Nov 20235,48277.892.81$15,391
Oct 20236,16285.443.09$19,024
Sep 20236,11289.042.74$16,717
Aug 20236,46080.522.67$17,267
Jul 20235,00874.852.64$13,230
Jun 20236,82168.962.26$15,405
May 20237,42670.622.23$16,541
Apr 20237,83878.122.24$17,540
Mar 20233,76572.852.39$9,010
Feb 2023075.112.47$0
Jan 2023076.533.39$0
Dec 20226976.415.73$395
Nov 20226,35285.005.65$35,865
Oct 20226,35387.185.86$37,252
Sep 20226,37084.888.16$52,003
Aug 20226,58594.529.13$60,102
Jul 20226,382101.587.54$48,134
Jun 20225,938115.097.98$47,369
May 20226,565109.378.43$55,363
Apr 20226,542104.226.84$44,732
Mar 20227,120108.885.08$36,144
Feb 20226,37991.054.86$30,995
Jan 20226,69581.844.54$30,380
Dec 20216,81671.323.90$26,576
Nov 20216,84777.435.24$35,857
Oct 20217,22079.795.71$41,254
Sep 20216,92069.865.35$37,028
Aug 20217,30266.024.22$30,819
Jul 20217,48070.783.98$29,786
Jun 20217,09569.493.38$23,986
May 20217,95963.483.02$24,018
Apr 20217,44560.362.76$20,536
Mar 20217,66661.302.72$20,828
Feb 20217,13157.805.55$39,562
Jan 20217,64850.412.81$21,493
Dec 20207,69044.642.68$20,574
Nov 20207,69138.772.71$20,816
Oct 20208,21836.972.48$20,368
Sep 20208,11837.091.99$16,163
Aug 20208,44739.982.39$20,147
Jul 20208,11238.371.83$14,805
Jun 20208,11334.901.69$13,713
May 20208,38116.921.81$15,209
Apr 20207,62114.751.80$13,751
Mar 20208,04730.341.86$14,937
Feb 20207,76749.881.98$15,384
Jan 20208,65657.252.09$18,132
Dec 20198,99259.012.30$20,721
Nov 20199,07655.302.75$24,965
Oct 201910,47853.472.42$25,341
Sep 20199,19955.052.66$24,444
Aug 20199,73753.112.30$22,438
Jul 20199,96656.272.46$24,517
Jun 20198,88952.782.49$22,144
May 20199,62058.482.74$26,362
Apr 20199,25762.632.75$25,463
Mar 20199,77456.803.06$29,929
Feb 20198,74650.852.79$24,421
Jan 20199,38546.033.23$30,296
Dec 20189,09546.594.19$38,067
Nov 20189,02652.934.24$38,245
Oct 201810,51761.443.40$35,738
Sep 201811,08159.543.11$34,440
Aug 201811,32459.403.07$34,726
Jul 201811,34865.142.93$33,271
Jun 201810,99860.183.08$33,840
May 201811,56165.382.90$33,536
Apr 201811,34763.842.90$32,915
Mar 201810,88361.222.79$30,329
Feb 201810,51761.782.77$29,091
Jan 201810,74962.874.01$43,096
Dec 201712,07057.272.92$35,263
Nov 201711,62255.423.12$36,242
Oct 201712,08149.292.98$36,046
Sep 201712,03247.523.09$37,146
Aug 201711,45345.373.00$34,409
Jul 201711,45643.873.09$35,368
Jun 201711,84242.493.09$36,560
May 201711,21645.373.26$36,602
Apr 201711,88047.933.21$38,154
Mar 201712,11046.772.98$36,132
Feb 201710,75050.452.95$31,740
Jan 201710,81349.413.42$36,967
Dec 20169,55448.763.72$35,568
Nov 20168,46542.492.64$22,384
Oct 20169,84146.193.09$30,411
Sep 201612,41341.553.10$38,488
Aug 201614,38441.442.92$42,064
Jul 201614,15241.622.92$41,385
Jun 201613,71845.352.69$36,844
May 201614,80442.521.99$29,475
Apr 201610,86036.561.99$21,623
Mar 201612,94133.011.79$23,216
Feb 201612,73426.472.06$26,278
Jan 201613,59327.352.36$32,139
Dec 201513,92232.362.00$27,864
Nov 201513,97938.792.17$30,297
Oct 201516,24343.552.43$39,415
Sep 201514,08242.992.76$38,844
Aug 201510,68240.162.87$30,684
Jul 201510,07048.152.95$29,657
Jun 201510,11556.152.88$29,160
May 201511,47355.212.96$33,908
Apr 20159,88649.822.71$26,757
Mar 201510,28842.892.93$30,192
Feb 201510,96144.662.98$32,622
Jan 201512,13043.433.10$37,611
Dec 201412,92254.693.59$46,408
Nov 201411,77970.464.25$50,082
Oct 201412,86078.303.90$50,166
Sep 201412,01986.164.05$48,622
Aug 201417,50389.394.04$70,627
Jul 201419,97796.564.18$83,496
Jun 201419,98798.164.74$94,676
May 201421,56494.734.73$101,924
Apr 201419,08995.944.81$91,801
Mar 201418,86695.895.06$95,402
Feb 201416,50897.406.19$102,218
Jan 201421,57790.404.86$104,880
Dec 201322,00991.824.35$95,838
Nov 201320,91088.853.74$78,167
Oct 201323,89797.423.78$90,315
Sep 201323,492104.113.72$87,337
Aug 201324,034104.253.52$84,662
Jul 201319,836102.523.72$73,745
Jun 201316,88194.403.93$66,400
May 201317,07594.834.15$70,846
Apr 201315,91393.964.28$68,149
Mar 201315,19393.623.91$59,448
Feb 201317,28491.233.42$59,110
Jan 201324,62191.603.42$84,202
Dec 201224,27786.773.42$83,031
Nov 201219,33086.953.62$70,070
Oct 201219,78689.383.40$67,266
Sep 201223,38494.672.92$68,244
Aug 201224,76492.662.91$72,018
Jul 201216,95885.133.02$51,227
Jun 201220,35779.822.52$51,280
May 201221,93791.612.49$54,586
Apr 201227,872101.652.00$55,655
Mar 201230,019105.052.22$66,705
Feb 201229,705101.102.57$76,349
Jan 201232,13298.092.73$87,851
Dec 201132,88796.873.24$106,545
Nov 201131,62595.723.31$104,719
Oct 201134,08284.983.65$124,350
Sep 201135,44283.623.99$141,265
Aug 201138,10583.404.15$158,110
Jul 201139,95294.144.52$180,473
Jun 201135,98392.904.64$166,957
May 201128,15598.134.40$124,018
Apr 201131,732105.964.33$137,504
Mar 201132,89196.364.06$133,450
Feb 201132,30585.644.18$135,034
Jan 201142,64786.504.59$195,698
Dec 201044,94185.734.35$195,392
Nov 201046,59080.843.80$176,824
Oct 201051,90078.103.51$182,111
Sep 201056,18472.633.98$223,583
Aug 201080,44173.684.42$355,498
Jul 20102,95372.554.74$13,987
Jun 201045,27470.364.91$222,313
May 201019,69371.124.24$83,404
Apr 201048,17881.694.12$198,623
Mar 201049,51478.394.39$217,301
Feb 201045,77773.585.44$249,135
Jan 201052,58874.365.96$313,640
Dec 200953,87271.445.48$295,421
Nov 200953,16374.593.75$199,441
Oct 200957,03772.544.11$234,436
Sep 200957,97665.543.06$177,682
Aug 200960,02367.423.22$193,184
Jul 200962,56261.133.46$216,746
Jun 200962,68266.163.90$244,146
May 200965,19454.743.93$255,935
Apr 200963,74646.773.59$228,689
Mar 200971,56942.144.06$290,499
Feb 200965,63032.814.63$304,064
Jan 200982,38935.865.37$442,511
Dec 200865,84337.105.98$393,553
Nov 200877,41355.496.86$531,081
Oct 200884,10375.246.92$582,159
Sep 200884,565101.767.88$666,126
Aug 200891,499114.228.48$776,188
Jul 200893,694131.0811.39$1,067,121
Jun 200896,826131.3313.03$1,261,897
May 2008104,026123.1711.57$1,204,027
Apr 2008106,163110.3110.45$1,109,919
Mar 2008117,351101.909.66$1,134,088
Feb 2008114,19992.538.77$1,001,591
Jan 2008132,76990.388.21$1,089,467
Dec 2007145,88488.337.30$1,065,241
Nov 2007151,24291.677.29$1,102,811
Oct 2007178,25482.856.92$1,233,871
Sep 2007181,16775.846.24$1,131,236
Aug 2007207,28269.066.39$1,324,105
Jul 2007130,44670.906.39$833,281

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
Gas                4,522 Mcf  × $  3.05 =    $13,773

────────────────────────────────────────────────────
Month total                                  $13,773

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/233921 is the state's own key, not one this site invented.