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 194167District 09Field 65280200CondensateGasSaveExport
Value, all time
$16.3 M
Dec 2002 – May 2026
Value, last 12 filed months
$160 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
GasProduction3,093,816 Mcf$16,308,672
Total$16,308,732

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 202603,771106.413.05$11,486
Apr 202603,75798.932.87$10,782
Mar 202603,85089.753.15$12,125
Feb 202603,53363.503.75$13,250
Jan 202602,92659.138.00$23,402
Dec 202503,68756.664.41$16,272
Nov 202503,61858.593.93$14,206
Oct 202503,70359.383.30$12,238
Sep 202503,64462.743.08$11,212
Aug 202503,53263.933.01$10,648
Jul 202503,86766.743.32$12,820
Jun 202503,79566.483.13$11,873
May 202503,94560.553.23$12,752
Apr 202503,84562.363.54$13,623
Mar 202503,97067.704.27$16,945
Feb 202503,64870.884.34$15,835
Jan 202504,12874.324.28$17,662
Dec 202403,93068.993.12$12,267
Nov 202403,93169.052.20$8,642
Oct 202404,07371.372.28$9,292
Sep 202404,88369.612.36$11,545
Aug 202404,81475.632.06$9,934
Jul 202403,86179.932.15$8,288
Jun 202403,73678.082.63$9,841
May 202403,89578.812.20$8,563
Apr 202403,80084.451.66$6,305
Mar 202404,15280.301.55$6,415
Feb 202403,93576.091.78$7,019
Jan 202403,82073.023.30$12,597
Dec 202304,50271.262.61$11,753
Nov 202304,35777.892.81$12,233
Oct 202304,13085.443.09$12,750
Sep 202303,93689.042.74$10,765
Aug 202304,25980.522.67$11,384
Jul 202304,12874.852.64$10,905
Jun 202304,07668.962.26$9,206
May 202304,27870.622.23$9,529
Apr 202304,30378.122.24$9,629
Mar 202304,39772.852.39$10,523
Feb 202304,14575.112.47$10,220
Jan 202304,69876.533.39$15,916
Dec 202204,34776.415.73$24,904
Nov 202204,61385.005.65$26,046
Oct 202204,86387.185.86$28,515
Sep 202204,70484.888.16$38,402
Aug 202204,73994.529.13$43,254
Jul 202204,623101.587.54$34,867
Jun 202204,680115.097.98$37,333
May 202204,852109.378.43$40,917
Apr 202204,676104.226.84$31,973
Mar 202204,708108.885.08$23,900
Feb 202204,05691.054.86$19,707
Jan 202204,76681.844.54$21,627
Dec 202105,05071.323.90$19,691
Nov 202105,15577.435.24$26,996
Oct 202105,33179.795.71$30,461
Sep 202105,12969.865.35$27,445
Aug 202105,19866.024.22$21,939
Jul 202105,33870.783.98$21,256
Jun 202105,11169.493.38$17,278
May 202105,38463.483.02$16,247
Apr 202105,30260.362.76$14,625
Mar 202105,59461.302.72$15,199
Feb 202104,42357.805.55$24,539
Jan 202105,56250.412.81$15,631
Dec 202005,70344.642.68$15,258
Nov 202005,61638.772.71$15,200
Oct 202005,66536.972.48$14,040
Sep 202005,46037.091.99$10,871
Aug 202005,62839.982.39$13,423
Jul 202005,70938.371.83$10,420
Jun 202005,57734.901.69$9,427
May 202005,81916.921.81$10,560
Apr 202005,62614.751.80$10,151
Mar 202005,99230.341.86$11,123
Feb 202005,70549.881.98$11,300
Jan 202006,26257.252.09$13,117
Dec 201906,40659.012.30$14,762
Nov 201906,24155.302.75$17,167
Oct 201906,50553.472.42$15,733
Sep 201906,25755.052.66$16,627
Aug 201906,63753.112.30$15,294
Jul 201906,52056.272.46$16,040
Jun 201906,64852.782.49$16,562
May 201907,00858.482.74$19,204
Apr 201906,92662.632.75$19,051
Mar 201907,21156.803.06$22,081
Feb 201907,12950.852.79$19,906
Jan 201908,28346.033.23$26,739
Dec 201808,34546.594.19$34,928
Nov 201808,29952.934.24$35,165
Oct 201808,84461.443.40$30,053
Sep 201808,46259.543.11$26,300
Aug 201809,54759.403.07$29,276
Jul 20180065.142.93$0
Jun 2018011,01760.183.08$33,898
May 201802,92965.382.90$8,496
Apr 201807,31663.842.90$21,222
Mar 201807,95161.222.79$22,158
Feb 201807,47861.782.77$20,685
Jan 201807,14662.874.01$28,651
Dec 201707,59957.272.92$22,201
Nov 201707,38655.423.12$23,032
Oct 201707,31949.292.98$21,838
Sep 201707,03447.523.09$21,716
Aug 201707,96245.373.00$23,921
Jul 201707,87843.873.09$24,322
Jun 201707,96142.493.09$24,578
May 201708,15445.373.26$26,610
Apr 201708,06347.933.21$25,895
Mar 201708,36246.772.98$24,950
Feb 201707,71950.452.95$22,791
Jan 201708,65149.413.42$29,576
Dec 201608,57248.763.72$31,912
Nov 201608,45342.492.64$22,353
Oct 201608,74246.193.09$27,015
Sep 201608,33541.553.10$25,844
Aug 201608,05741.442.92$23,561
Jul 201607,56341.622.92$22,117
Jun 201607,54045.352.69$20,251
May 201609,08742.521.99$18,093
Apr 201608,96036.561.99$17,840
Mar 201609,76933.011.79$17,526
Feb 201609,56726.472.06$19,743
Jan 2016010,25927.352.36$24,256
Dec 201509,89332.362.00$19,800
Nov 201509,87838.792.17$21,409
Oct 2015010,77743.552.43$26,151
Sep 201509,42142.992.76$25,987
Aug 2015010,15440.162.87$29,167
Jul 2015010,10448.152.95$29,757
Jun 201509,79856.152.88$28,246
May 201508,74355.212.96$25,840
Apr 201507,96249.822.71$21,550
Mar 201508,18142.892.93$24,009
Feb 201507,33244.662.98$21,821
Jan 201508,11843.433.10$25,171
Dec 201408,34354.693.59$29,963
Nov 201408,11670.464.25$34,508
Oct 201408,85778.303.90$34,551
Sep 201408,45286.164.05$34,192
Aug 201409,18289.394.04$37,050
Jul 201409,47696.564.18$39,606
Jun 201409,21098.164.74$43,627
May 2014011,56294.734.73$54,648
Apr 2014011,09795.944.81$53,367
Mar 2014010,24895.895.06$51,822
Feb 201408,97597.406.19$55,573
Jan 2014010,17790.404.86$49,468
Dec 2013010,03791.824.35$43,706
Nov 201309,85088.853.74$36,822
Oct 2013010,14497.423.78$38,338
Sep 2013010,365104.113.72$38,534
Aug 2013010,940104.253.52$38,537
Jul 201309,920102.523.72$36,880
Jun 2013011,03894.403.93$43,417
May 2013011,73094.834.15$48,669
Apr 2013011,34493.964.28$48,582
Mar 2013011,24293.623.91$43,988
Feb 2013010,80091.233.42$36,935
Jan 2013012,26291.603.42$41,935
Dec 2012013,16786.773.42$45,033
Nov 2012013,14386.953.62$47,643
Oct 2012012,95289.383.40$44,033
Sep 2012013,90594.672.92$40,580
Aug 2012014,48992.662.91$42,136
Jul 2012015,32185.133.02$46,282
Jun 2012014,84279.822.52$37,388
May 2012017,09191.612.49$42,528
Apr 2012016,548101.652.00$33,043
Mar 2012017,293105.052.22$38,426
Feb 2012017,327101.102.57$44,535
Jan 2012019,28798.092.73$52,732
Dec 2011019,25996.873.24$62,394
Nov 2011019,68795.723.31$65,189
Oct 2011020,50384.983.65$74,806
Sep 2011022,51083.623.99$89,720
Aug 2011023,44383.404.15$97,273
Jul 2011024,97394.144.52$112,809
Jun 2011022,63392.904.64$105,014
May 2011023,45898.134.40$103,328
Apr 2011013,892105.964.33$60,198
Mar 20110096.364.06$0
Feb 201102,23185.644.18$9,326
Jan 201105,00386.504.59$22,958
Dec 201005,19185.734.35$22,569
Nov 201005,34080.843.80$20,267
Oct 201006,37278.103.51$22,359
Sep 201005,70672.633.98$22,707
Aug 201005,75173.684.42$25,416
Jul 201005,51172.554.74$26,103
Jun 201005,60870.364.91$27,538
May 201005,56071.124.24$23,548
Apr 201005,32481.694.12$21,949
Mar 201005,64478.394.39$24,770
Feb 201005,11173.585.44$27,816
Jan 201005,71474.365.96$34,079
Dec 200906,00371.445.48$32,919
Nov 200906,32874.593.75$23,739
Oct 200907,90872.544.11$32,504
Sep 200907,91865.543.06$24,267
Aug 200908,73967.423.22$28,126
Jul 200908,30861.133.46$28,783
Jun 200907,67066.163.90$29,875
May 2009012,32154.743.93$48,369
Apr 2009012,30346.773.59$44,137
Mar 2009012,77542.144.06$51,854
Feb 2009011,65832.814.63$54,012
Jan 2009013,74335.865.37$73,814
Dec 2008015,03037.105.98$89,836
Nov 2008016,35555.496.86$112,201
Oct 2008022,25375.246.92$154,035
Sep 2008024,093101.767.88$189,783
Aug 2008018,836114.228.48$159,786
Jul 2008025,458131.0811.39$289,952
Jun 2008038,711131.3313.03$504,506
May 2008049,046123.1711.57$567,673
Apr 2008027,381110.3110.45$286,265
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 200708,29262.007.55$62,592
May 2007013,04858.747.85$102,378
Apr 2007012,78259.617.81$99,766
Mar 2007014,76156.927.30$107,784
Feb 2007011,15855.108.22$91,674
Jan 2007014,55650.306.73$97,916
Dec 2006014,78956.656.92$102,317
Nov 2006014,03954.207.62$106,942
Oct 2006015,39654.906.01$92,588
Sep 2006014,42460.085.04$72,657
Aug 2006016,69568.717.34$122,540
Jul 2006014,93269.376.34$94,710
Jun 2006015,21666.286.38$97,137
May 2006016,31866.016.42$104,843
Apr 2006016,40164.397.36$120,719
Mar 2006018,13456.707.08$128,442
Feb 2006016,16957.597.75$125,328
Jan 2006018,09560.598.93$161,648
Dec 2005021,07054.9413.42$282,662
Nov 2005020,24254.6910.59$214,330
Oct 2005019,20458.3413.80$264,934
Sep 2005022,34061.4512.08$269,845
Aug 2005023,82261.519.80$233,380
Jul 2005024,01855.697.84$188,389
Jun 2005025,23252.337.38$186,238
May 2005019,89245.226.65$132,305
Apr 2005013,15849.207.36$96,849
Mar 2005018,61850.377.15$133,210
Feb 2005014,51645.226.31$91,624
Jan 2005014,27643.166.32$90,256
Dec 2004017,69439.866.75$119,454
Nov 2004018,13045.286.33$114,771
Oct 2004022,39749.706.52$145,919
Sep 2004022,17343.245.28$117,160
Aug 2004020,55142.375.55$114,072
Jul 2004022,19938.286.08$135,063
Jun 2004024,51036.106.43$157,673
May 2004026,37837.486.49$171,314
Apr 2004027,10434.475.86$158,788
Mar 2004031,19834.365.53$172,529
Feb 2004026,59932.455.51$146,550
Jan 2004033,74032.036.30$212,550
Dec 2003038,45630.266.30$242,336
Nov 2003034,68628.804.60$159,388
Oct 2003029,87428.174.76$142,189
Sep 2003034,38626.314.75$163,311
Aug 2003037,71829.765.13$193,483
Jul 2003038,30429.415.17$198,064
Jun 2003029,58928.565.98$177,030
May 2003039,33826.595.97$234,953
Apr 2003045,80226.675.41$247,664
Mar 2003052,87231.146.10$322,310
Feb 2003026,68433.487.93$211,494
Jan 2003217,16630.315.58$95,882
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                3,771 Mcf  × $  3.05 =    $11,486

────────────────────────────────────────────────────
Month total                                  $11,486

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/194167 is the state's own key, not one this site invented.