BONDS RANCH

Operated by BKV BARNETT, LLC (P-5 72504) 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 191866District 09Field 65280200CondensateGasSaveExport
Value, all time
$7.8 M
Sep 2002 – May 2026
Value, last 12 filed months
$53 k
at the published price for each month
Months reported
285
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
CondensateDisposition14 bbl$382
GasProduction1,396,725 Mcf$7,784,708
Total$7,785,090

Every month this lease reported (285)

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

285 months

May 202601,095106.413.05$3,335
Apr 202601,16198.932.87$3,332
Mar 202601,17089.753.15$3,685
Feb 2026096163.503.75$3,604
Jan 202601,43559.138.00$11,477
Dec 202501,16456.664.41$5,137
Nov 202501,10758.593.93$4,347
Oct 202501,18759.383.30$3,923
Sep 202501,23662.743.08$3,803
Aug 202501,10363.933.01$3,325
Jul 202501,21866.743.32$4,038
Jun 202501,04666.483.13$3,273
May 202501,01760.553.23$3,287
Apr 202501,06062.363.54$3,756
Mar 202501,39167.704.27$5,937
Feb 202501,18570.884.34$5,144
Jan 202501,24474.324.28$5,323
Dec 202401,27368.993.12$3,974
Nov 202401,37669.052.20$3,025
Oct 202401,21771.372.28$2,776
Sep 202401,29569.612.36$3,062
Aug 202401,59575.632.06$3,291
Jul 202401,15279.932.15$2,473
Jun 202401,43678.082.63$3,782
May 202401,36378.812.20$2,996
Apr 202401,38984.451.66$2,305
Mar 202401,34180.301.55$2,072
Feb 202401,24076.091.78$2,212
Jan 202401,10873.023.30$3,654
Dec 202301,22571.262.61$3,198
Nov 202301,95577.892.81$5,489
Oct 2023090085.443.09$2,779
Sep 2023087689.042.74$2,396
Aug 2023087780.522.67$2,344
Jul 2023086074.852.64$2,272
Jun 202301,13468.962.26$2,561
May 2023095870.622.23$2,134
Apr 202301,04978.122.24$2,347
Mar 202301,43472.852.39$3,432
Feb 2023094275.112.47$2,323
Jan 202301,25876.533.39$4,262
Dec 202201,14176.415.73$6,537
Nov 202201,05385.005.65$5,945
Oct 202201,18687.185.86$6,954
Sep 202201,13684.888.16$9,274
Aug 202201,03394.529.13$9,428
Jul 202201,032101.587.54$7,783
Jun 202201,029115.097.98$8,209
May 202201,023109.378.43$8,627
Apr 202201,205104.226.84$8,239
Mar 202201,319108.885.08$6,696
Feb 202201,00091.054.86$4,859
Jan 202201,29681.844.54$5,881
Dec 202101,33371.323.90$5,198
Nov 202101,32877.435.24$6,955
Oct 202101,31679.795.71$7,519
Sep 202101,26969.865.35$6,790
Aug 202101,35466.024.22$5,715
Jul 202101,32870.783.98$5,288
Jun 202101,34069.493.38$4,530
May 202101,41863.483.02$4,279
Apr 202101,47460.362.76$4,066
Mar 202101,45061.302.72$3,940
Feb 2021083157.805.55$4,610
Jan 202101,57850.412.81$4,435
Dec 202001,29844.642.68$3,473
Nov 202001,89238.772.71$5,121
Oct 202001,29736.972.48$3,215
Sep 202001,23137.091.99$2,451
Aug 202001,24139.982.39$2,960
Jul 202001,45938.371.83$2,663
Jun 202001,19134.901.69$2,013
May 202001,15916.921.81$2,103
Apr 202001,48614.751.80$2,681
Mar 202001,56130.341.86$2,898
Feb 202001,54049.881.98$3,050
Jan 202001,47257.252.09$3,083
Dec 201901,60559.012.30$3,699
Nov 201901,55855.302.75$4,286
Oct 201901,44853.472.42$3,502
Sep 201901,28755.052.66$3,420
Aug 201901,34653.112.30$3,102
Jul 201901,39656.272.46$3,434
Jun 201901,44052.782.49$3,587
May 201901,62458.482.74$4,450
Apr 201901,61662.632.75$4,445
Mar 201901,57156.803.06$4,811
Feb 201901,35450.852.79$3,781
Jan 201901,44846.033.23$4,674
Dec 201801,58146.594.19$6,617
Nov 201801,45652.934.24$6,169
Oct 201801,53561.443.40$5,216
Sep 201801,46159.543.11$4,541
Aug 201801,44759.403.07$4,437
Jul 201801,49165.142.93$4,371
Jun 201801,39060.183.08$4,277
May 201801,12865.382.90$3,272
Apr 2018097763.842.90$2,834
Mar 201801,19261.222.79$3,322
Feb 201801,34261.782.77$3,712
Jan 201801,54462.874.01$6,190
Dec 201701,53757.272.92$4,490
Nov 201701,78855.423.12$5,576
Oct 201701,95649.292.98$5,836
Sep 201701,82747.523.09$5,640
Aug 201702,17345.373.00$6,529
Jul 201702,29143.873.09$7,073
Jun 201702,64942.493.09$8,178
May 201702,96445.373.26$9,673
Apr 201703,04247.933.21$9,770
Mar 201703,10946.772.98$9,276
Feb 201702,87150.452.95$8,477
Jan 201703,28549.413.42$11,231
Dec 201602,85148.763.72$10,614
Nov 201602,64742.492.64$7,000
Oct 201602,74346.193.09$8,477
Sep 201602,83241.553.10$8,781
Aug 201602,98241.442.92$8,720
Jul 201602,91341.622.92$8,519
Jun 201602,87545.352.69$7,722
May 201607,67442.521.99$15,279
Apr 201602,94836.561.99$5,870
Mar 201602,47033.011.79$4,431
Feb 201602,28426.472.06$4,713
Jan 201602,91827.352.36$6,899
Dec 201502,93132.362.00$5,866
Nov 201502,90238.792.17$6,290
Oct 201503,33843.552.43$8,100
Sep 201504,85542.992.76$13,392
Aug 201506,14040.162.87$17,637
Jul 201504,84948.152.95$14,281
Jun 201503,79556.152.88$10,940
May 201503,03455.212.96$8,967
Apr 201503,23249.822.71$8,748
Mar 201502,09842.892.93$6,157
Feb 201502,21944.662.98$6,604
Jan 201502,82243.433.10$8,750
Dec 201402,72154.693.59$9,772
Nov 201402,70070.464.25$11,480
Oct 201402,91778.303.90$11,379
Sep 201402,49186.164.05$10,077
Aug 201401,84489.394.04$7,441
Jul 201401,52996.564.18$6,391
Jun 201402,16598.164.74$10,255
May 201402,31994.734.73$10,961
Apr 201401,85895.944.81$8,935
Mar 201402,37995.895.06$12,030
Feb 201402,65497.406.19$16,434
Jan 201402,88990.404.86$14,043
Dec 201302,93291.824.35$12,767
Nov 201302,15988.853.74$8,071
Oct 201301,90897.423.78$7,211
Sep 201302,515104.113.72$9,350
Aug 201303,302104.253.52$11,632
Jul 201303,190102.523.72$11,860
Jun 201303,15194.403.93$12,394
May 201302,96794.834.15$12,310
Apr 201302,88093.964.28$12,334
Mar 201303,09693.623.91$12,114
Feb 201303,04591.233.42$10,414
Jan 201303,71591.603.42$12,705
Dec 201203,76986.773.42$12,891
Nov 201203,63286.953.62$13,166
Oct 201203,32289.383.40$11,294
Sep 201203,31394.672.92$9,669
Aug 201202,87892.662.91$8,370
Jul 201204,02285.133.02$12,150
Jun 201203,98179.822.52$10,028
May 201203,98491.612.49$9,913
Apr 201204,911101.652.00$9,806
Mar 201204,918105.052.22$10,928
Feb 201204,672101.102.57$12,008
Jan 201205,17798.092.73$14,154
Dec 201105,37596.873.24$17,414
Nov 201103,96595.723.31$13,129
Oct 201104,26984.983.65$15,576
Sep 201104,40683.623.99$17,561
Aug 201104,31683.404.15$17,908
Jul 201103,85194.144.52$17,396
Jun 201103,41492.904.64$15,841
May 201104,32198.134.40$19,033
Apr 201104,597105.964.33$19,920
Mar 201104,83596.364.06$19,617
Feb 201105,60285.644.18$23,416
Jan 201106,99586.504.59$32,099
Dec 201008,04285.734.35$34,965
Nov 201008,18880.843.80$31,076
Oct 201008,43678.103.51$29,601
Sep 201008,64872.633.98$34,414
Aug 201008,81473.684.42$38,952
Jul 201009,29172.554.74$44,007
Jun 201008,95470.364.91$43,968
May 201009,33571.124.24$39,536
Apr 201009,16581.694.12$37,784
Mar 201009,50878.394.39$41,727
Feb 201008,76373.585.44$47,691
Jan 201009,94074.365.96$59,283
Dec 2009010,60871.445.48$58,172
Nov 2009010,45474.593.75$39,218
Oct 2009011,05772.544.11$45,447
Sep 2009010,74365.543.06$32,925
Aug 200907,21767.423.22$23,228
Jul 200906,71861.133.46$23,275
Jun 200907,72866.163.90$30,101
May 200909,51154.743.93$37,338
Apr 200909,33646.773.59$33,493
Mar 2009010,17942.144.06$41,317
Feb 200909,60432.814.63$44,495
Jan 2009010,88535.865.37$58,463
Dec 2008011,22437.105.98$67,087
Nov 2008011,04555.496.86$75,773
Oct 200804,63075.246.92$32,049
Sep 200800101.767.88$0
Aug 200800114.228.48$0
Jul 200800131.0811.39$0
Jun 200800131.3313.03$0
May 2008011,204123.1711.57$129,678
Apr 2008021,502110.3110.45$224,800
Mar 2008028,512101.909.66$275,542
Feb 2008020,93892.538.77$183,638
Jan 2008017,19090.388.21$141,057
Dec 2007017,80588.337.30$130,012
Nov 2007019,93491.677.29$145,353
Oct 2007018,55782.856.92$128,451
Sep 2007028,11175.846.24$175,530
Aug 2007013,50669.066.39$86,276
Jul 200701,35070.906.39$8,624
Jun 200703,67962.007.55$27,771
May 200704,18358.747.85$32,821
Apr 200704,52159.617.81$35,287
Mar 200704,51556.927.30$32,968
Feb 200704,07755.108.22$33,497
Jan 200704,88650.306.73$32,867
Dec 200605,48856.656.92$37,968
Nov 200605,75254.207.62$43,816
Oct 200606,59754.906.01$39,673
Sep 200605,97860.085.04$30,112
Aug 200606,29368.717.34$46,190
Jul 200606,81369.376.34$43,213
Jun 200606,55866.286.38$41,865
May 200606,86466.016.42$44,101
Apr 200606,93164.397.36$51,015
Mar 200607,76856.707.08$55,020
Feb 200606,82057.597.75$52,863
Jan 200607,47760.598.93$66,794
Dec 200508,77454.9413.42$117,707
Nov 200508,81254.6910.59$93,305
Oct 200508,85958.3413.80$122,217
Sep 200508,99361.4512.08$108,626
Aug 2005010,51161.519.80$102,975
Jul 2005010,49955.697.84$82,350
Jun 2005011,12652.337.38$82,121
May 2005010,51445.226.65$69,930
Apr 2005010,00449.207.36$73,634
Mar 2005012,86150.377.15$92,019
Feb 2005011,56345.226.31$72,985
Jan 2005013,22643.166.32$83,617
Dec 2004013,14139.866.75$88,716
Nov 2004013,20345.286.33$83,581
Oct 2004012,59849.706.52$82,077
Sep 200402,66943.245.28$14,103
Aug 200401,85142.375.55$10,274
Jul 200405,59438.286.08$34,035
Jun 200407,27936.106.43$46,826
May 200408,24037.486.49$53,515
Apr 200406,21534.475.86$36,410
Mar 200406,77734.365.53$37,478
Feb 200407,04832.455.51$38,832
Jan 200408,13932.036.30$51,273
Dec 200308,45830.266.30$53,299
Nov 200308,50628.804.60$39,086
Oct 2003010,44128.174.76$49,695
Sep 2003012,24526.314.75$58,156
Aug 2003014,13429.765.13$72,503
Jul 2003017,78529.415.17$91,963
Jun 2003019,27928.565.98$115,345
May 2003020,30426.595.97$121,269
Apr 2003025,15626.675.41$136,026
Mar 2003033,35131.146.10$203,309
Feb 2003020,31233.487.93$160,990
Jan 200309,26330.315.58$51,706
Dec 20020026.914.85$0
Nov 200208,02024.664.14$33,178
Oct 2002211,02826.464.23$46,692
Sep 20021285127.443.64$3,423

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                1,095 Mcf  × $  3.05 =     $3,335

────────────────────────────────────────────────────
Month total                                   $3,335

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/191866 is the state's own key, not one this site invented.