RAFAEL 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 240685District 09Field 65280200CondensateGasSaveExport
Value, all time
$9.3 M
Jul 2007 – May 2026
Value, last 12 filed months
$112 k
at the published price for each month
Months reported
227
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
CondensateDisposition2 bbl$183
GasProduction1,812,414 Mcf$9,311,924
Total$9,312,107

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 202601,410106.413.05$4,295
Apr 202602,46698.932.87$7,077
Mar 2026077389.753.15$2,435
Feb 202602,89263.503.75$10,846
Jan 202602,69459.138.00$21,546
Dec 202503,30556.664.41$14,586
Nov 202502,82358.593.93$11,084
Oct 202503,27359.383.30$10,817
Sep 202503,17862.743.08$9,778
Aug 202501,60463.933.01$4,836
Jul 202502,73266.743.32$9,057
Jun 202501,85366.483.13$5,798
May 202502,85060.553.23$9,212
Apr 202503,16762.363.54$11,221
Mar 202503,16167.704.27$13,492
Feb 202502,21970.884.34$9,632
Jan 202502,74674.324.28$11,749
Dec 202403,61968.993.12$11,296
Nov 202403,42369.052.20$7,525
Oct 202402,86571.372.28$6,536
Sep 202402,98369.612.36$7,053
Aug 202402,23775.632.06$4,616
Jul 202403,48879.932.15$7,487
Jun 202402,84378.082.63$7,488
May 202403,20678.812.20$7,048
Apr 202403,94884.451.66$6,551
Mar 202403,95180.301.55$6,105
Feb 202401,10776.091.78$1,974
Jan 202402,38573.023.30$7,865
Dec 202303,87871.262.61$10,124
Nov 202302,68677.892.81$7,541
Oct 202302,19685.443.09$6,780
Sep 202303,49789.042.74$9,564
Aug 202303,56880.522.67$9,537
Jul 202303,79674.852.64$10,028
Jun 202303,31568.962.26$7,487
May 202303,24270.622.23$7,221
Apr 202302,98178.122.24$6,671
Mar 202302,94272.852.39$7,041
Feb 202302,24375.112.47$5,531
Jan 202303,87276.533.39$13,117
Dec 202203,92676.415.73$22,492
Nov 202203,80285.005.65$21,467
Oct 202203,94187.185.86$23,109
Sep 202203,62384.888.16$29,577
Aug 202203,67194.529.13$33,506
Jul 202203,749101.587.54$28,275
Jun 202203,641115.097.98$29,045
May 202203,931109.378.43$33,150
Apr 202204,361104.226.84$29,819
Mar 202201,624108.885.08$8,244
Feb 2022043691.054.86$2,118
Jan 202202,85981.844.54$12,973
Dec 202104,02771.323.90$15,702
Nov 202103,90277.435.24$20,434
Oct 202104,08279.795.71$23,324
Sep 202104,13469.865.35$22,121
Aug 202104,55066.024.22$19,204
Jul 202101,69770.783.98$6,758
Jun 202103,49869.493.38$11,825
May 202104,49663.483.02$13,567
Apr 202104,75060.362.76$13,103
Mar 202104,06861.302.72$11,053
Feb 202102,93457.805.55$16,278
Jan 202105,93650.412.81$16,682
Dec 202005,38644.642.68$14,410
Nov 20200438.772.71$11
Oct 20200036.972.48$0
Sep 202001337.091.99$26
Aug 20200039.982.39$0
Jul 20200038.371.83$0
Jun 202001,98534.901.69$3,355
May 202004,30916.921.81$7,820
Apr 202004,31614.751.80$7,788
Mar 202004,22030.341.86$7,833
Feb 202004,22349.881.98$8,364
Jan 202004,76057.252.09$9,971
Dec 201904,59759.012.30$10,593
Nov 201904,15755.302.75$11,435
Oct 201904,76153.472.42$11,515
Sep 201904,06255.052.66$10,794
Aug 201904,48453.112.30$10,333
Jul 201904,28056.272.46$10,529
Jun 201904,60552.782.49$11,472
May 201904,62858.482.74$12,682
Apr 201904,60562.632.75$12,667
Mar 201904,42156.803.06$13,538
Feb 201904,38050.852.79$12,230
Jan 201904,82346.033.23$15,570
Dec 201804,98646.594.19$20,869
Nov 201804,89452.934.24$20,737
Oct 201806,15861.443.40$20,925
Sep 201804,51659.543.11$14,036
Aug 201804,10459.403.07$12,585
Jul 201803,74465.142.93$10,977
Jun 201804,61860.183.08$14,209
May 201804,74465.382.90$13,761
Apr 201805,03263.842.90$14,597
Mar 201805,05661.222.79$14,090
Feb 201804,65761.782.77$12,882
Jan 201805,30062.874.01$21,249
Dec 201705,76357.272.92$16,837
Nov 201705,55155.423.12$17,310
Oct 201705,95649.292.98$17,771
Sep 201705,72547.523.09$17,675
Aug 201706,31945.373.00$18,985
Jul 201705,74343.873.09$17,730
Jun 201706,46542.493.09$19,959
May 201704,87145.373.26$15,896
Apr 201703,59947.933.21$11,559
Mar 201706,41546.772.98$19,140
Feb 201706,93450.452.95$20,473
Jan 201707,29349.413.42$24,933
Dec 201606,31548.763.72$23,510
Nov 201605,58642.492.64$14,771
Oct 201607,03346.193.09$21,734
Sep 201608,53141.553.10$26,451
Aug 201609,71541.442.92$28,410
Jul 201604,31241.622.92$12,610
Jun 201602,63045.352.69$7,064
May 201604,84542.521.99$9,647
Apr 201604,40436.561.99$8,769
Mar 201604,77933.011.79$8,574
Feb 201604,24026.472.06$8,750
Jan 201603,73327.352.36$8,826
Dec 201503,45532.362.00$6,915
Nov 201505,67938.792.17$12,308
Oct 201502,62343.552.43$6,365
Sep 201505,31642.992.76$14,664
Aug 201503,27240.162.87$9,399
Jul 201506,03348.152.95$17,768
Jun 201506,39156.152.88$18,424
May 201507,76055.212.96$22,934
Apr 201506,59349.822.71$17,844
Mar 201503,88142.892.93$11,390
Feb 201504,67344.662.98$13,908
Jan 201502,39643.433.10$7,429
Dec 201402,94354.693.59$10,569
Nov 201404,84670.464.25$20,604
Oct 201404,52178.303.90$17,636
Sep 201404,87086.164.05$19,701
Aug 201402,72089.394.04$10,976
Jul 201404,29896.564.18$17,964
Jun 201406,56398.164.74$31,088
May 201409,07594.734.73$42,894
Apr 201409,78995.944.81$47,076
Mar 201409,21995.895.06$46,619
Feb 201402,01097.406.19$12,446
Jan 201401,91390.404.86$9,299
Dec 2013090491.824.35$3,936
Nov 201303,81088.853.74$14,243
Oct 201301,79197.423.78$6,769
Sep 20130778104.113.72$2,892
Aug 201303,047104.253.52$10,733
Jul 201302,783102.523.72$10,346
Jun 201302,89994.403.93$11,403
May 201305,35694.834.15$22,222
Apr 201306,90393.964.28$29,563
Mar 201307,33493.623.91$28,697
Feb 201307,04391.233.42$24,086
Jan 201308,30991.603.42$28,416
Dec 201208,69286.773.42$29,728
Nov 201208,97186.953.62$32,520
Oct 201203,44289.383.40$11,702
Sep 201209,05794.672.92$26,432
Aug 201205,29892.662.91$15,407
Jul 201204,65785.133.02$14,068
Jun 201208,11579.822.52$20,442
May 201208,25291.612.49$20,534
Apr 201208,123101.652.00$16,220
Mar 201208,626105.052.22$19,168
Feb 201208,266101.102.57$21,246
Jan 201209,07298.092.73$24,804
Dec 201108,49696.873.24$27,525
Nov 201109,35395.723.31$30,970
Oct 2011010,01284.983.65$36,529
Sep 201107,58883.623.99$30,244
Aug 201108,12383.404.15$33,705
Jul 201104,84794.144.52$21,895
Jun 201104,49892.904.64$20,870
May 2011012,02498.134.40$52,964
Apr 2011015,184105.964.33$65,797
Mar 2011011,69896.364.06$47,463
Feb 2011012,51285.644.18$52,300
Jan 2011013,67286.504.59$62,738
Dec 201004,89585.734.35$21,282
Nov 201005,97080.843.80$22,658
Oct 2010011,63078.103.51$40,808
Sep 2010011,81072.633.98$46,998
Aug 2010012,64973.684.42$55,900
Jul 2010013,36472.554.74$63,298
Jun 2010012,74870.364.91$62,598
May 2010013,81971.124.24$58,527
Apr 2010013,44281.694.12$55,417
Mar 2010015,27478.394.39$67,033
Feb 2010012,69873.585.44$69,107
Jan 2010015,04574.365.96$89,730
Dec 2009016,18271.445.48$88,738
Nov 2009016,78874.593.75$62,980
Oct 2009011,67472.544.11$47,983
Sep 200906,60865.543.06$20,252
Aug 200906,77167.423.22$21,792
Jul 2009018,21861.133.46$63,116
Jun 2009019,40366.163.90$75,575
May 2009020,71654.743.93$81,326
Apr 2009020,58246.773.59$73,838
Mar 2009021,64942.144.06$87,873
Feb 2009020,14232.814.63$93,318
Jan 2009024,95735.865.37$134,044
Dec 2008020,84837.105.98$124,611
Nov 2008020,21055.496.86$138,648
Oct 2008023,94575.246.92$165,747
Sep 2008022,671101.767.88$178,582
Aug 200808,105114.228.48$68,755
Jul 2008023,844131.0811.39$271,570
Jun 2008026,982131.3313.03$351,646
May 2008029,114123.1711.57$336,974
Apr 2008026,211110.3110.45$274,032
Mar 2008033,209101.909.66$320,934
Feb 2008034,01992.538.77$298,366
Jan 2008038,63090.388.21$316,987
Dec 2007042,18388.337.30$308,019
Nov 2007245,93791.677.29$335,142
Oct 2007054,21282.856.92$375,254
Sep 2007065,35075.846.24$408,056
Aug 2007083,08369.066.39$530,729
Jul 200703,81370.906.39$24,357

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                1,410 Mcf  × $  3.05 =     $4,295

────────────────────────────────────────────────────
Month total                                   $4,295

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/240685 is the state's own key, not one this site invented.