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 193566District 09Field 65280200CondensateGasSaveExport
Value, all time
$5.2 M
Dec 2002 – May 2026
Value, last 12 filed months
$27 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
CondensateDisposition1 bbl$30
GasProduction893,659 Mcf$5,191,461
Total$5,191,492

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 20260585106.413.05$1,782
Apr 2026045898.932.87$1,314
Mar 2026047789.753.15$1,502
Feb 2026057463.503.75$2,153
Jan 2026050759.138.00$4,055
Dec 2025063956.664.41$2,820
Nov 2025064258.593.93$2,521
Oct 2025065859.383.30$2,175
Sep 2025063262.743.08$1,945
Aug 2025065363.933.01$1,969
Jul 2025069566.743.32$2,304
Jun 2025070566.483.13$2,206
May 2025077460.553.23$2,502
Apr 2025082062.363.54$2,905
Mar 202501,01067.704.27$4,311
Feb 202501,00670.884.34$4,367
Jan 20250574.324.28$21
Dec 202406268.993.12$194
Nov 20240069.052.20$0
Oct 202401671.372.28$37
Sep 202404669.612.36$109
Aug 20240075.632.06$0
Jul 2024032179.932.15$689
Jun 20240078.082.63$0
May 202406678.812.20$145
Apr 2024024484.451.66$405
Mar 2024040780.301.55$629
Feb 2024038076.091.78$678
Jan 2024057073.023.30$1,880
Dec 2023080171.262.61$2,091
Nov 2023099577.892.81$2,794
Oct 2023099585.443.09$3,072
Sep 2023084489.042.74$2,308
Aug 2023074680.522.67$1,994
Jul 2023030674.852.64$808
Jun 2023060068.962.26$1,355
May 2023058470.622.23$1,301
Apr 2023051978.122.24$1,161
Mar 2023063872.852.39$1,527
Feb 2023055875.112.47$1,376
Jan 2023059676.533.39$2,019
Dec 2022022276.415.73$1,272
Nov 2022048585.005.65$2,738
Oct 2022057087.185.86$3,342
Sep 2022068284.888.16$5,568
Aug 2022057094.529.13$5,202
Jul 20220660101.587.54$4,978
Jun 20220689115.097.98$5,496
May 20220704109.378.43$5,937
Apr 20220598104.226.84$4,089
Mar 20220581108.885.08$2,949
Feb 2022043991.054.86$2,133
Jan 2022049281.844.54$2,233
Dec 2021055771.323.90$2,172
Nov 2021054977.435.24$2,875
Oct 2021061179.795.71$3,491
Sep 2021060469.865.35$3,232
Aug 2021053466.024.22$2,254
Jul 2021070670.783.98$2,811
Jun 2021072569.493.38$2,451
May 2021068563.483.02$2,067
Apr 2021071060.362.76$1,958
Mar 2021052661.302.72$1,429
Feb 2021035457.805.55$1,964
Jan 2021068650.412.81$1,928
Dec 2020070744.642.68$1,892
Nov 2020061838.772.71$1,673
Oct 2020080136.972.48$1,985
Sep 2020076237.091.99$1,517
Aug 2020072739.982.39$1,734
Jul 2020072938.371.83$1,331
Jun 2020070334.901.69$1,188
May 2020072116.921.81$1,308
Apr 2020068214.751.80$1,231
Mar 2020071130.341.86$1,320
Feb 2020066049.881.98$1,307
Jan 2020071857.252.09$1,504
Dec 2019072059.012.30$1,659
Nov 2019070355.302.75$1,934
Oct 2019071153.472.42$1,720
Sep 2019072155.052.66$1,916
Aug 2019074053.112.30$1,705
Jul 2019073256.272.46$1,801
Jun 2019071452.782.49$1,779
May 2019078558.482.74$2,151
Apr 2019074262.632.75$2,041
Mar 2019075756.803.06$2,318
Feb 2019065750.852.79$1,834
Jan 2019076246.033.23$2,460
Dec 2018076746.594.19$3,210
Nov 2018075752.934.24$3,208
Oct 2018078461.443.40$2,664
Sep 2018077559.543.11$2,409
Aug 2018082059.403.07$2,515
Jul 20180065.142.93$0
Jun 201801,01160.183.08$3,111
May 2018020465.382.90$592
Apr 2018079963.842.90$2,318
Mar 2018087261.222.79$2,430
Feb 2018079761.782.77$2,205
Jan 2018078662.874.01$3,151
Dec 2017078057.272.92$2,279
Nov 2017075255.423.12$2,345
Oct 2017085549.292.98$2,551
Sep 2017080547.523.09$2,485
Aug 201701,02645.373.00$3,083
Jul 201701,02843.873.09$3,174
Jun 2017089542.493.09$2,763
May 201701,19145.373.26$3,887
Apr 201701,16547.933.21$3,742
Mar 201701,24646.772.98$3,718
Feb 201701,24950.452.95$3,688
Jan 201701,38149.413.42$4,721
Dec 201601,37248.763.72$5,108
Nov 201601,37342.492.64$3,631
Oct 201601,48946.193.09$4,601
Sep 201601,48741.553.10$4,611
Aug 2016062341.442.92$1,822
Jul 201601,37041.622.92$4,006
Jun 201601,27245.352.69$3,416
May 201601,18242.521.99$2,353
Apr 2016018436.561.99$366
Mar 2016020633.011.79$370
Feb 2016044626.472.06$920
Jan 2016050627.352.36$1,196
Dec 2015056132.362.00$1,123
Nov 2015069738.792.17$1,511
Oct 2015075343.552.43$1,827
Sep 2015064342.992.76$1,774
Aug 2015069340.162.87$1,991
Jul 2015069048.152.95$2,032
Jun 2015067056.152.88$1,932
May 201501,04355.212.96$3,083
Apr 201501,27849.822.71$3,459
Mar 201501,31442.892.93$3,856
Feb 201501,17944.662.98$3,509
Jan 201501,30543.433.10$4,046
Dec 201401,34254.693.59$4,820
Nov 201401,30270.464.25$5,536
Oct 201401,42178.303.90$5,543
Sep 201401,35686.164.05$5,486
Aug 201401,47589.394.04$5,952
Jul 201401,52196.564.18$6,357
Jun 201401,09898.164.74$5,201
May 201401,37594.734.73$6,499
Apr 201401,43395.944.81$6,891
Mar 201401,87695.895.06$9,487
Feb 201401,78397.406.19$11,040
Jan 201402,01990.404.86$9,814
Dec 2013032491.824.35$1,411
Nov 20130088.853.74$0
Oct 20130097.423.78$0
Sep 201300104.113.72$0
Aug 201300104.253.52$0
Jul 201300102.523.72$0
Jun 20130094.403.93$0
May 20130094.834.15$0
Apr 20130093.964.28$0
Mar 20130093.623.91$0
Feb 201301,88791.233.42$6,453
Jan 201301,97291.603.42$6,744
Dec 201201,68786.773.42$5,770
Nov 201201,10386.953.62$3,998
Oct 2012048989.383.40$1,662
Sep 2012050394.672.92$1,468
Aug 2012053192.662.91$1,544
Jul 2012064085.133.02$1,933
Jun 2012085579.822.52$2,154
May 2012072291.612.49$1,797
Apr 20120698101.652.00$1,394
Mar 20120800105.052.22$1,778
Feb 20120730101.102.57$1,876
Jan 2012081398.092.73$2,223
Dec 2011081296.873.24$2,631
Nov 2011083095.723.31$2,748
Oct 2011086584.983.65$3,156
Sep 2011091383.623.99$3,639
Aug 2011092583.404.15$3,838
Jul 2011092794.144.52$4,187
Jun 201101,24392.904.64$5,767
May 201101,59398.134.40$7,017
Apr 201101,338105.964.33$5,798
Mar 201101,63696.364.06$6,638
Feb 201101,67785.644.18$7,010
Jan 201101,88586.504.59$8,650
Dec 201001,82285.734.35$7,922
Nov 201001,83380.843.80$6,957
Oct 201002,22078.103.51$7,790
Sep 201002,06572.633.98$8,218
Aug 201001,95473.684.42$8,635
Jul 201003,87772.554.74$18,363
Jun 201005,65970.364.91$27,788
May 201006,11271.124.24$25,886
Apr 201005,97981.694.12$24,650
Mar 201006,32978.394.39$27,776
Feb 201005,81073.585.44$31,620
Jan 201006,47874.365.96$38,635
Dec 200906,84571.445.48$37,536
Nov 200906,18274.593.75$23,192
Oct 2009010,12172.544.11$41,600
Sep 2009013,52665.543.06$41,454
Aug 2009015,37967.423.22$49,497
Jul 2009015,79461.133.46$54,718
Jun 2009015,53866.163.90$60,521
May 2009016,35154.743.93$64,190
Apr 2009015,31446.773.59$54,939
Mar 2009015,70142.144.06$63,730
Feb 200904,86632.814.63$22,544
Jan 200905,29535.865.37$28,439
Dec 200805,72237.105.98$34,201
Nov 200805,90255.496.86$40,490
Oct 200802,96875.246.92$20,544
Sep 200809,836101.767.88$77,479
Aug 200807,917114.228.48$67,160
Jul 2008010,527131.0811.39$119,897
Jun 2008011,869131.3313.03$154,684
May 2008014,946123.1711.57$172,989
Apr 200805,372110.3110.45$56,164
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 20070070.906.39$0
Jun 2007021,24662.007.55$160,374
May 200705,21858.747.85$40,942
Apr 20070059.617.81$0
Mar 20070056.927.30$0
Feb 200702,73355.108.22$22,454
Jan 200705,01150.306.73$33,708
Dec 200604,86856.656.92$33,679
Nov 200604,81554.207.62$36,678
Oct 200604,88054.906.01$29,347
Sep 200604,76260.085.04$23,987
Aug 200605,21068.717.34$38,241
Jul 200604,90069.376.34$31,080
Jun 200604,98766.286.38$31,836
May 200605,30866.016.42$34,104
Apr 200605,12564.397.36$37,722
Mar 200605,70056.707.08$40,373
Feb 200605,06157.597.75$39,228
Jan 200605,82660.598.93$52,046
Dec 200506,30654.9413.42$84,598
Nov 200505,41654.6910.59$57,347
Oct 200504,89358.3413.80$67,503
Sep 200506,42461.4512.08$77,596
Aug 200507,13861.519.80$69,930
Jul 200506,34455.697.84$49,760
Jun 200506,52452.337.38$48,154
May 200505,79645.226.65$38,550
Apr 200505,01349.207.36$36,898
Mar 200506,11950.377.15$43,781
Feb 200504,85145.226.31$30,619
Jan 200505,17343.166.32$32,705
Dec 200406,14239.866.75$41,465
Nov 200406,64545.286.33$42,066
Oct 200408,46749.706.52$55,163
Sep 200408,80743.245.28$46,535
Aug 200408,28642.375.55$45,993
Jul 200409,07438.286.08$55,208
Jun 2004010,81036.106.43$69,541
May 2004011,66037.486.49$75,727
Apr 200407,96634.475.86$46,668
Mar 2004011,35234.365.53$62,778
Feb 2004010,57832.455.51$58,281
Jan 2004012,74332.036.30$80,276
Dec 2003010,60730.266.30$66,842
Nov 2003011,72128.804.60$53,860
Oct 2003013,31928.174.76$63,394
Sep 2003013,47126.314.75$63,979
Aug 2003016,62929.765.13$85,302
Jul 2003017,53929.415.17$90,691
Jun 2003019,23228.565.98$115,064
May 2003021,25326.595.97$126,937
Apr 2003027,43826.675.41$148,365
Mar 2003035,78831.146.10$218,165
Feb 200309,83933.487.93$77,983
Jan 2003110,70130.315.58$59,764
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                  585 Mcf  × $  3.05 =     $1,782

────────────────────────────────────────────────────
Month total                                   $1,782

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/193566 is the state's own key, not one this site invented.