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 260500District 09Field 65280200GasSaveExport
Value, all time
$5.6 M
Feb 2011 – May 2026
Value, last 12 filed months
$128 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
GasProduction1,616,083 Mcf$5,600,302
Total$5,600,302

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 20262,950106.413.05$8,985
Apr 20262,10998.932.87$6,052
Mar 20263,46789.753.15$10,919
Feb 202698263.503.75$3,683
Jan 20262,88059.138.00$23,034
Dec 20253,43356.664.41$15,151
Nov 20253,43958.593.93$13,503
Oct 20252,84959.383.30$9,415
Sep 20252,37662.743.08$7,311
Aug 20253,31863.933.01$10,003
Jul 20252,89266.743.32$9,588
Jun 20253,27166.483.13$10,234
May 20253,33660.553.23$10,783
Apr 20254,15962.363.54$14,736
Mar 20253,78467.704.27$16,151
Feb 20253,84970.884.34$16,708
Jan 20254,66674.324.28$19,964
Dec 20244,39068.993.12$13,703
Nov 20244,01169.052.20$8,818
Oct 20244,10071.372.28$9,354
Sep 20243,48169.612.36$8,230
Aug 20241,16475.632.06$2,402
Jul 202427879.932.15$597
Jun 202452378.082.63$1,378
May 20241,67078.812.20$3,671
Apr 20242,51484.451.66$4,171
Mar 20242,94380.301.55$4,547
Feb 20242,46176.091.78$4,390
Jan 202475173.023.30$2,477
Dec 20232,04071.262.61$5,326
Nov 20231,93377.892.81$5,427
Oct 20231,99385.443.09$6,153
Sep 20231,88089.042.74$5,142
Aug 20231,66880.522.67$4,458
Jul 20233,50274.852.64$9,252
Jun 20233,04768.962.26$6,882
May 20232,68970.622.23$5,989
Apr 20233,16278.122.24$7,076
Mar 20233,94872.852.39$9,448
Feb 20231,92475.112.47$4,744
Jan 20233,37876.533.39$11,444
Dec 20223,96376.415.73$22,704
Nov 20223,89285.005.65$21,975
Oct 20223,70487.185.86$21,719
Sep 20222,54084.888.16$20,736
Aug 20222,36594.529.13$21,586
Jul 20224,224101.587.54$31,858
Jun 20223,076115.097.98$24,538
May 20222,994109.378.43$25,249
Apr 20224,238104.226.84$28,978
Mar 20224,677108.885.08$23,742
Feb 20223,87191.054.86$18,809
Jan 20224,40581.844.54$19,988
Dec 20213,87271.323.90$15,097
Nov 20212,06177.435.24$10,793
Oct 20213,67179.795.71$20,976
Sep 20213,79669.865.35$20,312
Aug 20213,85166.024.22$16,253
Jul 20213,32070.783.98$13,221
Jun 20213,42169.493.38$11,565
May 20214,24163.483.02$12,798
Apr 20214,06360.362.76$11,207
Mar 20214,17661.302.72$11,346
Feb 20214,00357.805.55$22,208
Jan 20213,86050.412.81$10,848
Dec 20204,60844.642.68$12,329
Nov 20204,61038.772.71$12,477
Oct 20204,84536.972.48$12,008
Sep 20204,53737.091.99$9,033
Aug 20204,65839.982.39$11,110
Jul 20204,76538.371.83$8,697
Jun 20204,63534.901.69$7,835
May 20204,88416.921.81$8,863
Apr 20204,50414.751.80$8,127
Mar 20205,19930.341.86$9,651
Feb 20204,72149.881.98$9,351
Jan 20205,11957.252.09$10,723
Dec 20195,55959.012.30$12,810
Nov 20195,27855.302.75$14,518
Oct 20195,46853.472.42$13,225
Sep 20195,14755.052.66$13,677
Aug 20195,47453.112.30$12,614
Jul 20195,24956.272.46$12,913
Jun 20194,53052.782.49$11,285
May 20194,41058.482.74$12,085
Apr 20195,20662.632.75$14,320
Mar 20195,41456.803.06$16,578
Feb 20195,75350.852.79$16,064
Jan 20194,74546.033.23$15,318
Dec 20185,68546.594.19$23,794
Nov 20185,21652.934.24$22,101
Oct 20185,69361.443.40$19,345
Sep 20185,50159.543.11$17,097
Aug 20186,11359.403.07$18,746
Jul 20186,91965.142.93$20,286
Jun 20187,21960.183.08$22,212
May 20187,89665.382.90$22,905
Apr 20186,38563.842.90$18,522
Mar 20186,71961.222.79$18,725
Feb 20187,07961.782.77$19,581
Jan 20187,15062.874.01$28,667
Dec 20178,54957.272.92$24,976
Nov 20178,50655.423.12$26,525
Oct 20178,98249.292.98$26,799
Sep 20175,70947.523.09$17,625
Aug 20175,57745.373.00$16,756
Jul 20179,42343.873.09$29,091
Jun 20177,99842.493.09$24,692
May 201710,66545.373.26$34,804
Apr 20179,78747.933.21$31,432
Mar 201710,94946.772.98$32,668
Feb 20179,02950.452.95$26,659
Jan 201710,14449.413.42$34,680
Dec 201610,91448.763.72$40,631
Nov 201612,09942.492.64$31,994
Oct 201613,58346.193.09$41,975
Sep 201610,09041.553.10$31,285
Aug 201613,97141.442.92$40,856
Jul 201612,92541.622.92$37,797
Jun 201615,00445.352.69$40,298
May 201615,24742.521.99$30,357
Apr 201616,52036.561.99$32,892
Mar 201618,95233.011.79$34,000
Feb 20163,50826.472.06$7,239
Jan 2016427.352.36$9
Dec 20156532.362.00$130
Nov 201518338.792.17$397
Oct 2015043.552.43$0
Sep 20157,55042.992.76$20,826
Aug 201510,31240.162.87$29,621
Jul 20159,15248.152.95$26,953
Jun 201511,58256.152.88$33,389
May 20159,85055.212.96$29,111
Apr 201513,05649.822.71$35,337
Mar 20151,33042.892.93$3,903
Feb 20153,74344.662.98$11,140
Jan 20159,70743.433.10$30,098
Dec 20146,61254.693.59$23,746
Nov 20142,99970.464.25$12,751
Oct 201411,08478.303.90$43,238
Sep 20145,16786.164.05$20,903
Aug 20148,40789.394.04$33,923
Jul 201410,85396.564.18$45,361
Jun 20148,68098.164.74$41,116
May 20145,26294.734.73$24,871
Apr 20148,01595.944.81$38,545
Mar 201411,26795.895.06$56,975
Feb 201411,08897.406.19$68,657
Jan 201412,34490.404.86$60,001
Dec 201312,69091.824.35$55,258
Nov 201311,44888.853.74$42,796
Oct 20137,28497.423.78$27,529
Sep 201310,384104.113.72$38,605
Aug 201313,507104.253.52$47,580
Jul 201314,808102.523.72$55,052
Jun 201313,94794.403.93$54,859
May 201314,99894.834.15$62,228
Apr 201314,92993.964.28$63,935
Mar 201312,64993.623.91$49,494
Feb 201310,98691.233.42$37,571
Jan 20135,40691.603.42$18,488
Dec 201211,73586.773.42$40,136
Nov 201216,91486.953.62$61,313
Oct 201220,68689.383.40$70,326
Sep 201219,76694.672.92$57,685
Aug 201218,44492.662.91$53,638
Jul 201219,40885.133.02$58,628
Jun 201219,21579.822.52$48,403
May 201222,37991.612.49$55,686
Apr 201223,752101.652.00$47,428
Mar 201225,832105.052.22$57,401
Feb 201226,619101.102.57$68,417
Jan 201230,90698.092.73$84,499
Dec 201134,11196.873.24$110,511
Nov 201135,70795.723.31$118,236
Oct 201140,81184.983.65$148,901
Sep 201145,33283.623.99$180,684
Aug 201151,94883.404.15$215,549
Jul 201154,91894.144.52$248,078
Jun 201165,95492.904.64$306,019
May 201163,78098.134.40$280,939
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                2,950 Mcf  × $  3.05 =     $8,985

────────────────────────────────────────────────────
Month total                                   $8,985

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/260500 is the state's own key, not one this site invented.