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 193565District 09Field 65280200CondensateGasSaveExport
Value, all time
$14.0 M
Dec 2002 – May 2026
Value, last 12 filed months
$103 k
at the published price for each month
Months reported
282
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
CondensateDisposition2 bbl$61
GasProduction2,587,527 Mcf$14,032,459
Total$14,032,520

Every month this lease reported (282)

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

282 months

May 202602,439106.413.05$7,429
Apr 202602,36198.932.87$6,775
Mar 202602,47089.753.15$7,779
Feb 202602,40163.503.75$9,005
Jan 202601,91859.138.00$15,340
Dec 202502,35956.664.41$10,411
Nov 202502,33158.593.93$9,153
Oct 202502,36559.383.30$7,816
Sep 202502,31962.743.08$7,135
Aug 202502,32563.933.01$7,009
Jul 202502,37166.743.32$7,860
Jun 202502,42766.483.13$7,593
May 202502,62460.553.23$8,482
Apr 202502,69662.363.54$9,552
Mar 202502,68067.704.27$11,439
Feb 202502,36670.884.34$10,270
Jan 202502,84874.324.28$12,186
Dec 202402,79668.993.12$8,727
Nov 202402,63969.052.20$5,802
Oct 202402,99171.372.28$6,824
Sep 202403,45469.612.36$8,167
Aug 202403,22475.632.06$6,653
Jul 202402,75879.932.15$5,920
Jun 202402,67378.082.63$7,041
May 202402,83478.812.20$6,230
Apr 202402,83384.451.66$4,701
Mar 202402,95080.301.55$4,558
Feb 202402,55076.091.78$4,548
Jan 202402,74573.023.30$9,052
Dec 202303,06771.262.61$8,007
Nov 202303,02677.892.81$8,496
Oct 202302,87885.443.09$8,885
Sep 202302,79789.042.74$7,650
Aug 202302,62980.522.67$7,027
Jul 202302,72974.852.64$7,209
Jun 202302,25768.962.26$5,097
May 202302,22170.622.23$4,947
Apr 202302,16078.122.24$4,834
Mar 202302,29872.852.39$5,499
Feb 202301,88475.112.47$4,645
Jan 202302,19676.533.39$7,439
Dec 202202,54876.415.73$14,598
Nov 202202,14285.005.65$12,094
Oct 202202,22687.185.86$13,053
Sep 202202,15284.888.16$17,568
Aug 202202,19894.529.13$20,062
Jul 202202,175101.587.54$16,404
Jun 202202,288115.097.98$18,252
May 202202,395109.378.43$20,197
Apr 202202,168104.226.84$14,824
Mar 202202,340108.885.08$11,879
Feb 202201,99091.054.86$9,669
Jan 202202,46381.844.54$11,176
Dec 202102,54471.323.90$9,919
Nov 202102,56977.435.24$13,453
Oct 202102,60579.795.71$14,885
Sep 202102,64069.865.35$14,126
Aug 202102,68966.024.22$11,349
Jul 202102,59070.783.98$10,314
Jun 202102,52669.493.38$8,539
May 202102,55763.483.02$7,716
Apr 202102,49360.362.76$6,877
Mar 202102,77561.302.72$7,540
Feb 202102,09957.805.55$11,645
Jan 202102,70850.412.81$7,610
Dec 202002,73644.642.68$7,320
Nov 202002,42438.772.71$6,561
Oct 202003,01236.972.48$7,465
Sep 202002,98737.091.99$5,947
Aug 202003,11839.982.39$7,437
Jul 202003,17838.371.83$5,800
Jun 202003,03634.901.69$5,132
May 202003,15016.921.81$5,716
Apr 202003,03814.751.80$5,482
Mar 202003,15530.341.86$5,856
Feb 202003,65749.881.98$7,243
Jan 202003,86957.252.09$8,105
Dec 201903,91059.012.30$9,010
Nov 201903,81955.302.75$10,505
Oct 201903,94353.472.42$9,536
Sep 201903,79355.052.66$10,079
Aug 201903,94653.112.30$9,093
Jul 201903,95156.272.46$9,720
Jun 201903,85352.782.49$9,599
May 201903,71758.482.74$10,186
Apr 201903,48662.632.75$9,589
Mar 201903,47856.803.06$10,650
Feb 201903,91650.852.79$10,934
Jan 201904,45346.033.23$14,375
Dec 201804,39346.594.19$18,387
Nov 201804,32752.934.24$18,335
Oct 201804,48661.443.40$15,244
Sep 201804,44259.543.11$13,806
Aug 201804,69759.403.07$14,404
Jul 20180065.142.93$0
Jun 201804,64260.183.08$14,283
May 201803,62665.382.90$10,518
Apr 201804,07363.842.90$11,815
Mar 201804,28261.222.79$11,933
Feb 201803,93161.782.77$10,874
Jan 201804,41562.874.01$17,701
Dec 201704,35357.272.92$12,717
Nov 201704,21355.423.12$13,138
Oct 201704,38649.292.98$13,086
Sep 201704,48747.523.09$13,853
Aug 201704,34745.373.00$13,060
Jul 201704,49743.873.09$13,884
Jun 201704,49342.493.09$13,871
May 201704,62745.373.26$15,100
Apr 201704,60147.933.21$14,777
Mar 201704,87746.772.98$14,551
Feb 201704,52950.452.95$13,372
Jan 201705,31049.413.42$18,154
Dec 201605,37248.763.72$19,999
Nov 201605,16242.492.64$13,650
Oct 201605,33946.193.09$16,499
Sep 201605,23841.553.10$16,241
Aug 201605,57041.442.92$16,289
Jul 201605,54941.622.92$16,227
Jun 201605,12145.352.69$13,754
May 201605,38142.521.99$10,714
Apr 201605,31136.561.99$10,574
Mar 201605,68133.011.79$10,192
Feb 201605,32126.472.06$10,981
Jan 201606,48627.352.36$15,335
Dec 201506,41432.362.00$12,837
Nov 201505,88038.792.17$12,744
Oct 201506,98643.552.43$16,952
Sep 201506,43142.992.76$17,739
Aug 201506,93240.162.87$19,912
Jul 201506,89248.152.95$20,297
Jun 201506,68856.152.88$19,281
May 201506,70155.212.96$19,804
Apr 201507,25849.822.71$19,644
Mar 201507,45842.892.93$21,887
Feb 201506,68344.662.98$19,890
Jan 201507,40243.433.10$22,951
Dec 201407,60254.693.59$27,302
Nov 201407,39670.464.25$31,447
Oct 201408,07578.303.90$31,500
Sep 201407,70486.164.05$31,166
Aug 201408,37289.394.04$33,782
Jul 201408,63796.564.18$36,099
Jun 201405,55398.164.74$26,304
May 201406,97094.734.73$32,944
Apr 201407,32795.944.81$35,236
Mar 201407,32695.895.06$37,046
Feb 201406,54597.406.19$40,527
Jan 201407,41890.404.86$36,057
Dec 201307,31891.824.35$31,866
Nov 201307,18088.853.74$26,841
Oct 201307,39397.423.78$27,941
Sep 201307,557104.113.72$28,095
Aug 201307,976104.253.52$28,096
Jul 201307,236102.523.72$26,902
Jun 201307,71394.403.93$30,338
May 201307,90994.834.15$32,815
Apr 201307,64693.964.28$32,745
Mar 201307,55993.623.91$29,577
Feb 201307,02691.233.42$24,028
Jan 201307,76591.603.42$26,556
Dec 201207,93086.773.42$27,122
Nov 201206,89686.953.62$24,998
Oct 201207,24089.383.40$24,614
Sep 201207,69594.672.92$22,457
Aug 201207,97192.662.91$23,181
Jul 201206,63885.133.02$20,052
Jun 201207,31079.822.52$18,414
May 2012010,92891.612.49$27,192
Apr 2012010,584101.652.00$21,134
Mar 2012011,060105.052.22$24,576
Feb 2012011,082101.102.57$28,483
Jan 2012012,33598.092.73$33,725
Dec 2011012,31896.873.24$39,907
Nov 2011012,59295.723.31$41,696
Oct 2011013,11384.983.65$47,843
Sep 2011014,66883.623.99$58,464
Aug 2011016,45783.404.15$68,285
Jul 2011017,33394.144.52$78,297
Jun 2011019,28292.904.64$89,466
May 2011022,38298.134.40$98,589
Apr 2011011,287105.964.33$48,910
Mar 20110096.364.06$0
Feb 201105,09885.644.18$21,310
Jan 2011011,70986.504.59$53,730
Dec 2010013,14985.734.35$57,169
Nov 2010013,12580.843.80$49,814
Oct 2010013,56878.103.51$47,609
Sep 2010013,40972.633.98$53,361
Aug 2010014,20273.684.42$62,764
Jul 2010013,61772.554.74$64,497
Jun 2010012,69370.364.91$62,328
May 2010013,82871.124.24$58,565
Apr 2010013,85081.694.12$57,099
Mar 2010014,67978.394.39$64,421
Feb 2010013,19373.585.44$71,801
Jan 2010015,30174.365.96$91,257
Dec 2009016,38371.445.48$89,840
Nov 2009015,09674.593.75$56,633
Oct 2009016,08672.544.11$66,117
Sep 2009015,01965.543.06$46,029
Aug 2009015,21467.423.22$48,966
Jul 2009016,03061.133.46$55,536
Jun 2009015,70366.163.90$61,163
May 2009017,45054.743.93$68,504
Apr 2009017,79046.773.59$63,822
Mar 2009019,54442.144.06$79,329
Feb 2009019,00732.814.63$88,059
Jan 2009023,12335.865.37$124,194
Dec 2008022,60237.105.98$135,095
Nov 2008023,81655.496.86$163,386
Oct 2008026,02575.246.92$180,145
Sep 2008026,509101.767.88$208,814
Aug 2008028,700114.228.48$243,463
Jul 2008029,938131.0811.39$340,977
Jun 2008033,376131.3313.03$434,977
May 2008041,997123.1711.57$486,085
Apr 2008022,427110.3110.45$234,471
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
Sep 20070075.846.24$0
Aug 20070069.066.39$0
Jul 200703,43570.906.39$21,943
Jun 2007011,35062.007.55$85,675
May 2007017,21358.747.85$135,058
Apr 2007012,10859.617.81$94,505
Mar 2007011,96356.927.30$87,353
Feb 200708,87255.108.22$72,892
Jan 2007010,22950.306.73$68,809
Dec 2006011,31056.656.92$78,248
Nov 2006010,58754.207.62$80,646
Oct 2006012,24554.906.01$73,639
Sep 2006011,61060.085.04$58,482
Aug 2006012,57768.717.34$92,314
Jul 2006011,11269.376.34$70,481
Jun 2006011,28566.286.38$72,042
May 2006011,78166.016.42$75,693
Apr 2006011,98064.397.36$88,179
Mar 2006013,29756.707.08$94,182
Feb 2006011,39357.597.75$88,309
Jan 2006013,07060.598.93$116,758
Dec 2005014,56054.9413.42$195,328
Nov 2005014,84654.6910.59$157,195
Oct 2005013,62358.3413.80$187,940
Sep 2005016,77561.4512.08$202,625
Aug 2005015,40261.519.80$150,891
Jul 2005015,03355.697.84$117,913
Jun 2005018,12552.337.38$133,781
May 2005015,58945.226.65$103,685
Apr 2005011,31749.207.36$83,299
Mar 2005014,82550.377.15$106,071
Feb 2005012,37645.226.31$78,116
Jan 2005014,24543.166.32$90,060
Dec 2004015,52539.866.75$104,811
Nov 2004016,43845.286.33$104,059
Oct 2004018,81349.706.52$122,569
Sep 2004018,32543.245.28$96,827
Aug 2004016,65842.375.55$92,463
Jul 2004017,74438.286.08$107,958
Jun 2004019,54436.106.43$125,727
May 2004021,28037.486.49$138,205
Apr 2004020,98034.475.86$122,910
Mar 2004023,08634.365.53$127,669
Feb 2004023,55932.455.51$129,801
Jan 2004027,63832.036.30$174,109
Dec 2003025,15230.266.30$158,499
Nov 2003026,60728.804.60$122,263
Oct 2003029,59328.174.76$140,852
Sep 2003030,22226.314.75$143,535
Aug 2003032,86029.765.13$168,563
Jul 2003034,95029.415.17$180,721
Jun 2003036,66128.565.98$219,341
May 2003036,04026.595.97$215,255
Apr 2003041,23526.675.41$222,969
Mar 2003050,49731.146.10$307,832
Feb 2003023,78633.487.93$188,525
Jan 2003219,95730.315.58$111,461
Dec 20020026.914.85$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                2,439 Mcf  × $  3.05 =     $7,429

────────────────────────────────────────────────────
Month total                                   $7,429

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/193565 is the state's own key, not one this site invented.