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 246148District 09Field 65280200GasSaveExport
Value, all time
$6.3 M
May 2008 – May 2026
Value, last 12 filed months
$45 k
at the published price for each month
Months reported
217
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
GasProduction1,465,833 Mcf$6,308,395
Total$6,308,395

Every month this lease reported (217)

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

217 months

May 2026423106.413.05$1,288
Apr 20262,21398.932.87$6,351
Mar 20262,04689.753.15$6,444
Feb 202650063.503.75$1,875
Jan 202643559.138.00$3,479
Dec 202535156.664.41$1,549
Nov 202526458.593.93$1,037
Oct 202543159.383.30$1,424
Sep 202548962.743.08$1,505
Aug 20251,65963.933.01$5,001
Jul 20252,26166.743.32$7,496
Jun 20252,26566.483.13$7,087
May 202569560.553.23$2,246
Apr 20251,82562.363.54$6,466
Mar 202557267.704.27$2,441
Feb 20252,01070.884.34$8,725
Jan 20253,11174.324.28$13,311
Dec 20242,73068.993.12$8,521
Nov 20243,13169.052.20$6,883
Oct 20243,10471.372.28$7,081
Sep 20242,75469.612.36$6,511
Aug 20243,38875.632.06$6,992
Jul 20241,23679.932.15$2,653
Jun 20241,93478.082.63$5,094
May 202490078.812.20$1,979
Apr 20241,57284.451.66$2,608
Mar 20242,63380.301.55$4,068
Feb 20242,60976.091.78$4,654
Jan 20241,27573.023.30$4,205
Dec 20231,05671.262.61$2,757
Nov 202337377.892.81$1,047
Oct 202373285.443.09$2,260
Sep 20231,13889.042.74$3,112
Aug 202394680.522.67$2,529
Jul 202371174.852.64$1,878
Jun 202367168.962.26$1,515
May 20231,02970.622.23$2,292
Apr 20231,52678.122.24$3,415
Mar 20232,51672.852.39$6,021
Feb 202364675.112.47$1,593
Jan 202365776.533.39$2,226
Dec 202267076.415.73$3,838
Nov 202284885.005.65$4,788
Oct 202274887.185.86$4,386
Sep 2022084.888.16$0
Aug 20222,04494.529.13$18,656
Jul 20222,281101.587.54$17,203
Jun 2022681115.097.98$5,432
May 2022710109.378.43$5,987
Apr 2022159104.226.84$1,087
Mar 2022670108.885.08$3,401
Feb 2022091.054.86$0
Jan 2022081.844.54$0
Dec 2021071.323.90$0
Nov 2021077.435.24$0
Oct 2021079.795.71$0
Sep 2021069.865.35$0
Aug 2021066.024.22$0
Jul 2021070.783.98$0
Jun 2021069.493.38$0
May 20213563.483.02$106
Apr 20212360.362.76$63
Mar 2021061.302.72$0
Feb 2021057.805.55$0
Jan 2021050.412.81$0
Dec 2020044.642.68$0
Nov 2020038.772.71$0
Oct 202011536.972.48$285
Sep 20202,03937.091.99$4,060
Aug 20202,28839.982.39$5,457
Jul 20202,71038.371.83$4,946
Jun 20201,84734.901.69$3,122
May 20202,44316.921.81$4,433
Apr 20201,62114.751.80$2,925
Mar 20202,92930.341.86$5,437
Feb 20202,43649.881.98$4,825
Jan 20203,92357.252.09$8,218
Dec 20193,18159.012.30$7,330
Nov 20192,71355.302.75$7,463
Oct 20192,78053.472.42$6,724
Sep 20192,05655.052.66$5,463
Aug 20192,87153.112.30$6,616
Jul 20192,51956.272.46$6,197
Jun 20192,79852.782.49$6,970
May 20191,20458.482.74$3,299
Apr 20192,62962.632.75$7,232
Mar 20192,78556.803.06$8,528
Feb 20192,57050.852.79$7,176
Jan 20192,04446.033.23$6,598
Dec 20183,76446.594.19$15,754
Nov 20184,42552.934.24$18,750
Oct 20185,33661.443.40$18,132
Sep 20182,67259.543.11$8,305
Aug 20182,33659.403.07$7,163
Jul 20181,71865.142.93$5,037
Jun 20182,75360.183.08$8,471
May 20184,84565.382.90$14,054
Apr 20184,77463.842.90$13,848
Mar 20184,80561.222.79$13,391
Feb 20181,97361.782.77$5,458
Jan 201834562.874.01$1,383
Dec 20172,89557.272.92$8,458
Nov 20172,28955.423.12$7,138
Oct 20173,76649.292.98$11,237
Sep 20175,19147.523.09$16,026
Aug 20175,93545.373.00$17,831
Jul 20177,16643.873.09$22,123
Jun 20173,95942.493.09$12,223
May 20177,45445.373.26$24,325
Apr 20176,46347.933.21$20,757
Mar 20177,79446.772.98$23,255
Feb 20176,49250.452.95$19,168
Jan 201741549.413.42$1,419
Dec 20164,03948.763.72$15,037
Nov 20166,07642.492.64$16,067
Oct 20165,72546.193.09$17,692
Sep 20162,84341.553.10$8,815
Aug 20164,53041.442.92$13,247
Jul 20161,62441.622.92$4,749
Jun 201610,62745.352.69$28,542
May 20168,52942.521.99$16,982
Apr 20168,24336.561.99$16,412
Mar 201649533.011.79$888
Feb 201627626.472.06$570
Jan 201647727.352.36$1,128
Dec 20154,32032.362.00$8,646
Nov 201525438.792.17$551
Oct 20155143.552.43$124
Sep 20156,05942.992.76$16,713
Aug 20155,72440.162.87$16,442
Jul 20156,89748.152.95$20,312
Jun 20153,34656.152.88$9,646
May 20152,42655.212.96$7,170
Apr 20155,81949.822.71$15,750
Mar 20159,81142.892.93$28,792
Feb 20159,40644.662.98$27,994
Jan 20159,19543.433.10$28,510
Dec 20149,04354.693.59$32,477
Nov 20148,93870.464.25$38,003
Oct 20149,39178.303.90$36,634
Sep 20147,20986.164.05$29,164
Aug 20148,97789.394.04$36,223
Jul 20147,10196.564.18$29,679
Jun 20148,54898.164.74$40,491
May 20147,94994.734.73$37,571
Apr 20147,15895.944.81$34,424
Mar 201414,15095.895.06$71,554
Feb 201413,10797.406.19$81,159
Jan 201412,12990.404.86$58,956
Dec 20137,46991.824.35$32,524
Nov 201392188.853.74$3,443
Oct 201344497.423.78$1,678
Sep 2013939104.113.72$3,491
Aug 20131,394104.253.52$4,911
Jul 20131,735102.523.72$6,450
Jun 20137,30994.403.93$28,749
May 201311,81194.834.15$49,005
Apr 201311,91893.964.28$51,040
Mar 20135,14293.623.91$20,120
Feb 20134,51391.233.42$15,434
Jan 2013091.603.42$0
Dec 2012086.773.42$0
Nov 2012086.953.62$0
Oct 2012089.383.40$0
Sep 20121,54594.672.92$4,509
Aug 20124,91192.662.91$14,282
Jul 201212,66785.133.02$38,264
Jun 201211,87679.822.52$29,916
May 201212,00091.612.49$29,860
Apr 201211,943101.652.00$23,848
Mar 201211,140105.052.22$24,754
Feb 20127,598101.102.57$19,529
Jan 201215,05898.092.73$41,170
Dec 201116,38496.873.24$53,080
Nov 201111,05095.723.31$36,590
Oct 201110,88184.983.65$39,700
Sep 201110,79883.623.99$43,039
Aug 201112,56183.404.15$52,120
Jul 201111,03394.144.52$49,839
Jun 20118,22392.904.64$38,154
May 201114,81198.134.40$65,240
Apr 201111,024105.964.33$47,770
Mar 20117,33296.364.06$29,748
Feb 2011085.644.18$0
Jan 20112,59286.504.59$11,894
Dec 201015,11885.734.35$65,729
Nov 201010,49680.843.80$39,836
Oct 201013,47678.103.51$47,286
Sep 201016,85772.633.98$67,082
Aug 201015,59373.684.42$68,911
Jul 201015,42872.554.74$73,075
Jun 201014,44370.364.91$70,921
May 201016,14971.124.24$68,395
Apr 201015,49381.694.12$63,873
Mar 201013,89978.394.39$60,998
Feb 201014,74273.585.44$80,231
Jan 201018,38374.365.96$109,638
Dec 200920,36071.445.48$111,649
Nov 200921,27274.593.75$79,802
Oct 200922,44272.544.11$92,242
Sep 200923,10565.543.06$70,811
Aug 200924,65167.423.22$79,339
Jul 200925,37861.133.46$87,922
Jun 200927,10866.163.90$105,586
May 200930,82454.743.93$121,007
Apr 200931,43246.773.59$112,762
Mar 200934,86542.144.06$141,517
Feb 200933,82132.814.63$156,693
Jan 200941,02135.865.37$220,324
Dec 200845,92137.105.98$274,476
Nov 200848,91255.496.86$335,554
Oct 200860,35375.246.92$417,762
Sep 200879,495101.767.88$626,189
Aug 20083,530114.228.48$29,945
Jul 20080131.0811.39$0
Jun 20080131.3313.03$0
May 20080123.1711.57$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
Gas                  423 Mcf  × $  3.05 =     $1,288

────────────────────────────────────────────────────
Month total                                   $1,288

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/246148 is the state's own key, not one this site invented.