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 260498District 09Field 65280200GasSaveExport
Value, all time
$8.1 M
Feb 2011 – May 2026
Value, last 12 filed months
$222 k
at the published price for each month
Months reported
184
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
GasProduction2,401,587 Mcf$8,084,179
Total$8,084,179

Every month this lease reported (184)

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

184 months

May 20265,683106.413.05$17,310
Apr 20265,30898.932.87$15,232
Mar 20266,19289.753.15$19,501
Feb 20264,47163.503.75$16,768
Jan 20264,05459.138.00$32,424
Dec 20254,62656.664.41$20,416
Nov 20254,60658.593.93$18,085
Oct 20255,09859.383.30$16,848
Sep 20254,98262.743.08$15,329
Aug 20255,46163.933.01$16,464
Jul 20255,25466.743.32$17,418
Jun 20255,07166.483.13$15,866
May 20255,50760.553.23$17,800
Apr 20255,48962.363.54$19,448
Mar 20255,61467.704.27$23,962
Feb 20255,04570.884.34$21,900
Jan 20255,92174.324.28$25,334
Dec 20245,09168.993.12$15,891
Nov 20245,27869.052.20$11,603
Oct 20245,97371.372.28$13,627
Sep 20245,69769.612.36$13,470
Aug 20246,09975.632.06$12,586
Jul 20246,24279.932.15$13,399
Jun 20246,20878.082.63$16,352
May 20246,25978.812.20$13,760
Apr 20245,64584.451.66$9,366
Mar 20245,71480.301.55$8,829
Feb 20246,08576.091.78$10,853
Jan 20245,71273.023.30$18,836
Dec 20236,62071.262.61$17,283
Nov 20235,51277.892.81$15,475
Oct 20236,99285.443.09$21,586
Sep 20236,92989.042.74$18,951
Aug 20237,11880.522.67$19,026
Jul 20233,20774.852.64$8,472
Jun 20234,38268.962.26$9,897
May 20235,23770.622.23$11,665
Apr 20235,44478.122.24$12,182
Mar 20235,47972.852.39$13,112
Feb 20234,13975.112.47$10,205
Jan 20237,36276.533.39$24,940
Dec 20228,36276.415.73$47,907
Nov 20223,48785.005.65$19,688
Oct 20224,29887.185.86$25,202
Sep 20225,33884.888.16$43,578
Aug 20225,68394.529.13$51,870
Jul 20225,750101.587.54$43,367
Jun 20225,579115.097.98$44,505
May 20225,848109.378.43$49,316
Apr 20225,873104.226.84$40,157
Mar 20226,201108.885.08$31,479
Feb 20225,69991.054.86$27,691
Jan 20226,59081.844.54$29,903
Dec 20216,78171.323.90$26,440
Nov 20214,56677.435.24$23,911
Oct 20216,07279.795.71$34,695
Sep 20216,24569.865.35$33,417
Aug 20216,18466.024.22$26,100
Jul 20216,56170.783.98$26,126
Jun 20216,31269.493.38$21,338
May 20216,99663.483.02$21,112
Apr 20217,22060.362.76$19,916
Mar 20217,42961.302.72$20,184
Feb 20216,78057.805.55$37,615
Jan 20217,69150.412.81$21,614
Dec 20207,93644.642.68$21,232
Nov 20208,01838.772.71$21,701
Oct 20209,19036.972.48$22,777
Sep 20208,91337.091.99$17,746
Aug 20209,21339.982.39$21,974
Jul 20209,15338.371.83$16,705
Jun 20208,91234.901.69$15,064
May 20209,28416.921.81$16,848
Apr 20209,08914.751.80$16,400
Mar 20209,56530.341.86$17,755
Feb 20208,99249.881.98$17,810
Jan 20209,49657.252.09$19,892
Dec 20199,61459.012.30$22,154
Nov 20199,20755.302.75$25,326
Oct 20199,53653.472.42$23,063
Sep 20199,46855.052.66$25,159
Aug 20199,95253.112.30$22,933
Jul 201910,09656.272.46$24,837
Jun 20199,92252.782.49$24,718
May 201910,21858.482.74$28,001
Apr 20199,96262.632.75$27,402
Mar 201910,50856.803.06$32,177
Feb 20199,69350.852.79$27,065
Jan 201910,43746.033.23$33,693
Dec 201811,07946.594.19$46,370
Nov 20189,83552.934.24$41,673
Oct 201810,77661.443.40$36,618
Sep 201810,07659.543.11$31,316
Aug 20189,40259.403.07$28,832
Jul 201810,59865.142.93$31,072
Jun 201810,85060.183.08$33,385
May 201811,49565.382.90$33,345
Apr 201811,47163.842.90$33,275
Mar 201811,96361.222.79$33,339
Feb 201811,33961.782.77$31,365
Jan 201812,42462.874.01$49,812
Dec 201712,85957.272.92$37,568
Nov 201712,59755.423.12$39,282
Oct 201713,31449.292.98$39,725
Sep 201712,59447.523.09$38,881
Aug 201713,31545.373.00$40,004
Jul 201713,43043.873.09$41,462
Jun 201713,34342.493.09$41,194
May 201714,04345.373.26$45,828
Apr 201714,19247.933.21$45,579
Mar 201715,04046.772.98$44,875
Feb 201714,02450.452.95$41,407
Jan 201715,69349.413.42$53,651
Dec 201612,77448.763.72$47,555
Nov 201666842.492.64$1,766
Oct 201615,22146.193.09$47,037
Sep 201615,13241.553.10$46,919
Aug 201616,13341.442.92$47,178
Jul 201616,30541.622.92$47,681
Jun 201616,39145.352.69$44,023
May 201616,80142.521.99$33,451
Apr 201616,47536.561.99$32,802
Mar 201618,13633.011.79$32,536
Feb 201616,14926.472.06$33,326
Jan 201618,48127.352.36$43,696
Dec 201519,06032.362.00$38,147
Nov 201518,30538.792.17$39,673
Oct 201516,66043.552.43$40,427
Sep 201518,89942.992.76$52,131
Aug 201518,01240.162.87$51,739
Jul 201519,68648.152.95$57,977
Jun 201517,12656.152.88$49,372
May 201514,05755.212.96$41,545
Apr 201512,86149.822.71$34,809
Mar 201513,81342.892.93$40,537
Feb 201510,52444.662.98$31,321
Jan 20154,71643.433.10$14,623
Dec 20143,28154.693.59$11,783
Nov 20143,44570.464.25$14,648
Oct 20144,78578.303.90$18,666
Sep 201417,25386.164.05$69,796
Aug 201410,01189.394.04$40,396
Jul 201416,58596.564.18$69,319
Jun 201420,50998.164.74$97,149
May 201420,90494.734.73$98,804
Apr 201420,83095.944.81$100,174
Mar 201420,62195.895.06$104,276
Feb 201413,31797.406.19$82,459
Jan 201413,83290.404.86$67,233
Dec 201310,65791.824.35$46,406
Nov 201317,92788.853.74$67,016
Oct 201320,35497.423.78$76,925
Sep 201320,511104.113.72$76,255
Aug 201323,689104.253.52$83,447
Jul 201325,843102.523.72$96,078
Jun 201324,27594.403.93$95,484
May 201324,50394.834.15$101,665
Apr 201324,44293.964.28$104,675
Mar 201327,05793.623.91$105,871
Feb 201325,50091.233.42$87,208
Jan 201323,41691.603.42$80,081
Dec 201217,72486.773.42$60,619
Nov 201220,72086.953.62$75,109
Oct 201227,51689.383.40$93,546
Sep 201227,46294.672.92$80,145
Aug 201228,02092.662.91$81,487
Jul 201226,84385.133.02$81,087
Jun 201226,44679.822.52$66,619
May 201227,99891.612.49$69,668
Apr 201229,380101.652.00$58,666
Mar 201236,745105.052.22$81,650
Feb 201234,984101.102.57$89,917
Jan 201239,81298.092.73$108,849
Dec 201134,15696.873.24$110,657
Nov 201142,07795.723.31$139,329
Oct 201147,32184.983.65$172,653
Sep 201150,45583.623.99$201,104
Aug 201151,67983.404.15$214,433
Jul 201144,02394.144.52$198,862
Jun 201145,72592.904.64$212,159
May 201150,09298.134.40$220,646
Apr 20110105.964.33$0
Mar 2011096.364.06$0
Feb 2011085.644.18$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                5,683 Mcf  × $  3.05 =    $17,310

────────────────────────────────────────────────────
Month total                                  $17,310

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/260498 is the state's own key, not one this site invented.