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 243133District 09Field 65280200CondensateGasSaveExport
Value, all time
$8.8 M
Oct 2007 – May 2026
Value, last 12 filed months
$93 k
at the published price for each month
Months reported
224
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
CondensateDisposition3 bbl$164
GasProduction2,055,740 Mcf$8,773,870
Total$8,774,034

Every month this lease reported (224)

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

224 months

May 202603,874106.413.05$11,800
Apr 2026022698.932.87$649
Mar 2026019089.753.15$598
Feb 2026028863.503.75$1,080
Jan 2026036659.138.00$2,927
Dec 202503,00856.664.41$13,275
Nov 202503,45058.593.93$13,546
Oct 202503,11959.383.30$10,308
Sep 202502,81462.743.08$8,658
Aug 202503,25863.933.01$9,822
Jul 202503,04166.743.32$10,082
Jun 202503,29466.483.13$10,306
May 202502,44060.553.23$7,887
Apr 202503,80162.363.54$13,467
Mar 202503,58467.704.27$15,298
Feb 202503,21870.884.34$13,969
Jan 202503,74274.324.28$16,011
Dec 202403,08568.993.12$9,629
Nov 202404,33369.052.20$9,526
Oct 202403,28271.372.28$7,488
Sep 202404,89769.612.36$11,578
Aug 202405,16175.632.06$10,650
Jul 202404,11479.932.15$8,831
Jun 202404,40478.082.63$11,600
May 202403,85778.812.20$8,479
Apr 202405,07284.451.66$8,415
Mar 202405,47980.301.55$8,466
Feb 202403,53376.091.78$6,302
Jan 202403,79273.023.30$12,505
Dec 202304,05471.262.61$10,584
Nov 202303,12377.892.81$8,768
Oct 202304,04785.443.09$12,494
Sep 202303,49289.042.74$9,551
Aug 202304,19780.522.67$11,218
Jul 202304,41174.852.64$11,653
Jun 202304,53668.962.26$10,244
May 202304,90270.622.23$10,919
Apr 202304,77678.122.24$10,688
Mar 202306,15972.852.39$14,739
Feb 202304,89275.112.47$12,062
Jan 202302,36076.533.39$7,995
Dec 202203,63676.415.73$20,831
Nov 202202,31585.005.65$13,071
Oct 202202,52387.185.86$14,794
Sep 202201,06984.888.16$8,727
Aug 202204,17294.529.13$38,079
Jul 202204,276101.587.54$32,250
Jun 20220590115.097.98$4,707
May 202202,803109.378.43$23,638
Apr 202201,345104.226.84$9,197
Mar 202201,553108.885.08$7,884
Feb 202201,64691.054.86$7,998
Jan 2022073181.844.54$3,317
Dec 202101,34071.323.90$5,225
Nov 202101,88677.435.24$9,877
Oct 202102,47279.795.71$14,125
Sep 202102,53469.865.35$13,559
Aug 202102,96466.024.22$12,510
Jul 202102,04470.783.98$8,139
Jun 202103,16369.493.38$10,693
May 202102,87463.483.02$8,673
Apr 202103,02060.362.76$8,330
Mar 202103,28461.302.72$8,922
Feb 202101,27757.805.55$7,085
Jan 202102,95550.412.81$8,304
Dec 202003,60944.642.68$9,656
Nov 202004,38238.772.71$11,860
Oct 202006,55836.972.48$16,254
Sep 202005,95837.091.99$11,863
Aug 202005,10839.982.39$12,183
Jul 202004,57338.371.83$8,346
Jun 202006,13334.901.69$10,367
May 202002,21616.921.81$4,021
Apr 202004,54114.751.80$8,194
Mar 202005,01130.341.86$9,302
Feb 202005,97549.881.98$11,835
Jan 202006,12257.252.09$12,824
Dec 201905,11859.012.30$11,794
Nov 201905,25055.302.75$14,441
Oct 201906,22653.472.42$15,058
Sep 201915,43855.052.66$14,505
Aug 201915,35253.112.30$12,386
Jul 201916,10756.272.46$15,080
Jun 201906,87552.782.49$17,127
May 201906,75358.482.74$18,505
Apr 201906,45362.632.75$17,750
Mar 201905,77156.803.06$17,671
Feb 201905,17050.852.79$14,436
Jan 201906,08446.033.23$19,640
Dec 201806,29046.594.19$26,326
Nov 201805,18852.934.24$21,983
Oct 201806,34461.443.40$21,557
Sep 201807,88459.543.11$24,503
Aug 201805,34659.403.07$16,394
Jul 201807,16965.142.93$21,019
Jun 201807,05860.183.08$21,717
May 201806,78865.382.90$19,691
Apr 201807,01863.842.90$20,358
Mar 201807,30561.222.79$20,358
Feb 201807,16761.782.77$19,825
Jan 201807,82262.874.01$31,361
Dec 201706,04957.272.92$17,672
Nov 201706,32955.423.12$19,736
Oct 201707,80949.292.98$23,300
Sep 201707,67447.523.09$23,692
Aug 201707,83345.373.00$23,533
Jul 201708,93943.873.09$27,597
Jun 201709,11542.493.09$28,141
May 201709,21645.373.26$30,075
Apr 201709,42947.933.21$30,282
Mar 2017010,13846.772.98$30,249
Feb 2017010,01350.452.95$29,564
Jan 2017010,80049.413.42$36,923
Dec 2016010,74448.763.72$39,998
Nov 2016011,15342.492.64$29,492
Oct 2016011,97146.193.09$36,994
Sep 2016011,96741.553.10$37,105
Aug 2016012,76741.442.92$37,335
Jul 2016012,42741.622.92$36,341
Jun 2016011,60945.352.69$31,180
May 2016014,09342.521.99$28,060
Apr 2016013,62936.561.99$27,136
Mar 2016014,22633.011.79$25,522
Feb 2016011,98926.472.06$24,741
Jan 2016013,29827.352.36$31,441
Dec 201508,13832.362.00$16,287
Nov 201503,75338.792.17$8,134
Oct 2015012,22243.552.43$29,658
Sep 2015015,98442.992.76$44,091
Aug 2015011,71640.162.87$33,654
Jul 2015017648.152.95$518
Jun 201509,54256.152.88$27,508
May 2015012,94555.212.96$38,258
Apr 2015012,03349.822.71$32,568
Mar 201508,75542.892.93$25,693
Feb 201507,10044.662.98$21,131
Jan 2015012,11343.433.10$37,558
Dec 2014016,66854.693.59$59,861
Nov 2014016,05870.464.25$68,276
Oct 2014015,06678.303.90$58,772
Sep 201408,97086.164.05$36,288
Aug 20140089.394.04$0
Jul 20140096.564.18$0
Jun 20140098.164.74$0
May 20140794.734.73$33
Apr 20140095.944.81$0
Mar 20140095.895.06$0
Feb 20140097.406.19$0
Jan 20140090.404.86$0
Dec 20130091.824.35$0
Nov 20130088.853.74$0
Oct 20130097.423.78$0
Sep 201300104.113.72$0
Aug 201300104.253.52$0
Jul 201300102.523.72$0
Jun 20130094.403.93$0
May 20130094.834.15$0
Apr 20130093.964.28$0
Mar 201302,57593.623.91$10,076
Feb 201304,57691.233.42$15,650
Jan 20130091.603.42$0
Dec 20120086.773.42$0
Nov 20120086.953.62$0
Oct 20120089.383.40$0
Sep 20120094.672.92$0
Aug 20120092.662.91$0
Jul 20120085.133.02$0
Jun 20120779.822.52$18
May 2012072891.612.49$1,812
Apr 201203,111101.652.00$6,212
Mar 201205,615105.052.22$12,477
Feb 2012015,820101.102.57$40,661
Jan 2012018,62298.092.73$50,914
Dec 2011019,18996.873.24$62,167
Nov 2011020,37095.723.31$67,451
Oct 2011022,50084.983.65$82,092
Sep 2011022,09383.623.99$88,058
Aug 2011021,67283.404.15$89,924
Jul 2011022,75394.144.52$102,781
Jun 2011022,68892.904.64$105,270
May 2011023,41398.134.40$103,130
Apr 2011012,063105.964.33$52,272
Mar 201103,34596.364.06$13,572
Feb 201101985.644.18$79
Jan 201102,00286.504.59$9,187
Dec 2010012,86085.734.35$55,912
Nov 2010013,96180.843.80$52,987
Oct 2010011,71478.103.51$41,103
Sep 201007,91472.633.98$31,494
Aug 2010015,98173.684.42$70,626
Jul 2010019,72472.554.74$93,423
Jun 2010020,86470.364.91$102,451
May 2010019,68071.124.24$83,349
Apr 2010019,65181.694.12$81,015
Mar 2010022,36178.394.39$98,135
Feb 2010020,30573.585.44$110,507
Jan 2010023,96974.365.96$142,953
Dec 2009025,01471.445.48$137,171
Nov 2009025,43674.593.75$95,423
Oct 2009027,93872.544.11$114,832
Sep 2009027,53165.543.06$84,376
Aug 2009030,72467.423.22$98,885
Jul 2009031,68361.133.46$109,766
Jun 2009032,83866.163.90$127,904
May 2009036,36454.743.93$142,756
Apr 2009038,67846.773.59$138,757
Mar 2009043,68042.144.06$177,297
Feb 2009042,98432.814.63$199,145
Jan 2009052,59035.865.37$282,461
Dec 2008059,10437.105.98$353,273
Nov 2008063,03755.496.86$432,457
Oct 2008077,95175.246.92$539,575
Sep 2008089,185101.767.88$702,518
Aug 2008018,337114.228.48$155,553
Jul 2008041,753131.0811.39$475,543
Jun 200800131.3313.03$0
May 200800123.1711.57$0
Apr 200800110.3110.45$0
Mar 200800101.909.66$0
Feb 20080092.538.77$0
Jan 20080090.388.21$0
Dec 20070088.337.30$0
Nov 20070091.677.29$0
Oct 20070082.856.92$0

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                3,874 Mcf  × $  3.05 =    $11,800

────────────────────────────────────────────────────
Month total                                  $11,800

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/243133 is the state's own key, not one this site invented.