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 196225District 09Field 65280200GasSaveExport
Value, all time
$8.4 M
Jul 2003 – May 2026
Value, last 12 filed months
$43 k
at the published price for each month
Months reported
275
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
GasProduction1,401,617 Mcf$8,368,020
Total$8,368,020

Every month this lease reported (275)

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

275 months

May 2026994106.413.05$3,028
Apr 202696698.932.87$2,772
Mar 20261,08689.753.15$3,420
Feb 20261,02363.503.75$3,837
Jan 202674759.138.00$5,974
Dec 202596856.664.41$4,272
Nov 202595758.593.93$3,758
Oct 202596159.383.30$3,176
Sep 202596762.743.08$2,975
Aug 20251,07763.933.01$3,247
Jul 20251,05866.743.32$3,507
Jun 20251,05466.483.13$3,298
May 20251,10560.553.23$3,572
Apr 20251,04562.363.54$3,703
Mar 20251,15667.704.27$4,934
Feb 20251,13970.884.34$4,944
Jan 20251,28774.324.28$5,507
Dec 20241,36368.993.12$4,254
Nov 20241,37669.052.20$3,025
Oct 20241,47971.372.28$3,374
Sep 20241,43569.612.36$3,393
Aug 20241,43575.632.06$2,961
Jul 20241,56379.932.15$3,355
Jun 20241,45878.082.63$3,840
May 20241,36178.812.20$2,992
Apr 20241,55684.451.66$2,582
Mar 20241,61880.301.55$2,500
Feb 20241,42476.091.78$2,540
Jan 20241,53273.023.30$5,052
Dec 20231,50671.262.61$3,932
Nov 20231,80277.892.81$5,059
Oct 20231,28985.443.09$3,980
Sep 20231,65389.042.74$4,521
Aug 20231,79580.522.67$4,798
Jul 20231,86874.852.64$4,935
Jun 20231,85668.962.26$4,192
May 20232,03970.622.23$4,542
Apr 20231,95878.122.24$4,382
Mar 20232,12172.852.39$5,076
Feb 20232,14475.112.47$5,286
Jan 20232,34576.533.39$7,944
Dec 20222,55276.415.73$14,621
Nov 20222,25085.005.65$12,704
Oct 20221,50387.185.86$8,813
Sep 20222,25584.888.16$18,409
Aug 20222,14994.529.13$19,614
Jul 20221,784101.587.54$13,455
Jun 20221,841115.097.98$14,686
May 20221,875109.378.43$15,812
Apr 20221,672104.226.84$11,432
Mar 20221,960108.885.08$9,950
Feb 20221,75791.054.86$8,537
Jan 20221,89081.844.54$8,576
Dec 20211,97371.323.90$7,693
Nov 20212,01277.435.24$10,537
Oct 20212,19279.795.71$12,525
Sep 20212,13869.865.35$11,440
Aug 20212,12966.024.22$8,986
Jul 20212,20470.783.98$8,777
Jun 20212,15869.493.38$7,295
May 20212,20063.483.02$6,639
Apr 20212,81160.362.76$7,754
Mar 20213,06761.302.72$8,333
Feb 20212,15857.805.55$11,972
Jan 20212,33150.412.81$6,551
Dec 20202,38944.642.68$6,392
Nov 20202,39238.772.71$6,474
Oct 20202,45936.972.48$6,094
Sep 20202,51237.091.99$5,001
Aug 20202,52139.982.39$6,013
Jul 20202,61838.371.83$4,778
Jun 20202,58634.901.69$4,371
May 20202,70416.921.81$4,907
Apr 20202,54814.751.80$4,598
Mar 20202,44730.341.86$4,542
Feb 20202,13249.881.98$4,223
Jan 20202,34057.252.09$4,902
Dec 20192,36159.012.30$5,441
Nov 20192,28555.302.75$6,285
Oct 20192,31653.472.42$5,601
Sep 20192,23155.052.66$5,928
Aug 20192,23253.112.30$5,143
Jul 20192,23156.272.46$5,488
Jun 20192,17552.782.49$5,418
May 20192,25458.482.74$6,177
Apr 20192,19962.632.75$6,049
Mar 20192,28156.803.06$6,985
Feb 20192,11550.852.79$5,906
Jan 20192,33246.033.23$7,528
Dec 20182,36846.594.19$9,911
Nov 20182,31652.934.24$9,813
Oct 20182,39061.443.40$8,121
Sep 20182,29759.543.11$7,139
Aug 20182,38759.403.07$7,320
Jul 20182,40165.142.93$7,039
Jun 20182,34560.183.08$7,215
May 20181,99065.382.90$5,773
Apr 20182,47663.842.90$7,182
Mar 20182,73361.222.79$7,616
Feb 20182,58861.782.77$7,159
Jan 20182,78962.874.01$11,182
Dec 20172,76157.272.92$8,066
Nov 20172,69855.423.12$8,413
Oct 20172,98549.292.98$8,906
Sep 20172,92247.523.09$9,021
Aug 20172,82345.373.00$8,481
Jul 20172,92743.873.09$9,036
Jun 20173,13642.493.09$9,682
May 20172,92545.373.26$9,545
Apr 20172,93147.933.21$9,413
Mar 20173,16946.772.98$9,455
Feb 20172,92950.452.95$8,648
Jan 20172,51349.413.42$8,591
Dec 20162,09248.763.72$7,788
Nov 20161,94042.492.64$5,130
Oct 20162,05046.193.09$6,335
Sep 20162,07341.553.10$6,428
Aug 20162,36341.442.92$6,910
Jul 20162,30841.622.92$6,749
Jun 20161,87045.352.69$5,023
May 20162,27542.521.99$4,530
Apr 20161,87336.561.99$3,729
Mar 20162,04433.011.79$3,667
Feb 20161,18226.472.06$2,439
Jan 20161,01627.352.36$2,402
Dec 20151,78532.362.00$3,573
Nov 20151,70138.792.17$3,687
Oct 20151,78043.552.43$4,319
Sep 20151,67442.992.76$4,618
Aug 20151,63340.162.87$4,691
Jul 20151,52748.152.95$4,497
Jun 20151,43556.152.88$4,137
May 20151,59555.212.96$4,714
Apr 20151,69849.822.71$4,596
Mar 20151,87642.892.93$5,506
Feb 20151,78844.662.98$5,321
Jan 20151,88843.433.10$5,854
Dec 20141,59154.693.59$5,714
Nov 20142,24870.464.25$9,558
Oct 20142,52778.303.90$9,858
Sep 20142,70286.164.05$10,931
Aug 20142,55789.394.04$10,318
Jul 20142,85096.564.18$11,912
Jun 20142,79198.164.74$13,221
May 20142,76194.734.73$13,050
Apr 20142,92095.944.81$14,043
Mar 20142,89795.895.06$14,650
Feb 20143,02397.406.19$18,718
Jan 20143,03090.404.86$14,728
Dec 20132,97091.824.35$12,933
Nov 20132,88788.853.74$10,792
Oct 20132,25197.423.78$8,507
Sep 20132,873104.113.72$10,681
Aug 20133,385104.253.52$11,924
Jul 20133,627102.523.72$13,484
Jun 20134,09394.403.93$16,099
May 20134,24194.834.15$17,596
Apr 20134,21893.964.28$18,064
Mar 20134,75093.623.91$18,586
Feb 20134,21791.233.42$14,422
Jan 20133,18391.603.42$10,886
Dec 20123,17886.773.42$10,869
Nov 20123,18486.953.62$11,542
Oct 20123,90689.383.40$13,279
Sep 20124,26494.672.92$12,444
Aug 20124,67492.662.91$13,593
Jul 20124,45385.133.02$13,452
Jun 20124,66379.822.52$11,746
May 20125,23491.612.49$13,024
Apr 20124,618101.652.00$9,221
Mar 20124,582105.052.22$10,182
Feb 20124,360101.102.57$11,206
Jan 20124,43298.092.73$12,117
Dec 20114,38096.873.24$14,190
Nov 20114,21095.723.31$13,940
Oct 20115,71484.983.65$20,848
Sep 20114,79283.623.99$19,100
Aug 20114,64983.404.15$19,290
Jul 20114,73594.144.52$21,389
Jun 20112,18492.904.64$10,134
May 20113098.134.40$132
Apr 20110105.964.33$0
Mar 201116996.364.06$686
Feb 20112,75485.644.18$11,512
Jan 20113,57686.504.59$16,409
Dec 20103,63885.734.35$15,817
Nov 20104,22080.843.80$16,016
Oct 20104,68478.103.51$16,436
Sep 20104,73672.633.98$18,847
Aug 20104,39873.684.42$19,436
Jul 20104,68772.554.74$22,200
Jun 20104,33270.364.91$21,272
May 20104,44571.124.24$18,826
Apr 20104,78981.694.12$19,744
Mar 20105,26578.394.39$23,106
Feb 20105,87173.585.44$31,952
Jan 20106,36074.365.96$37,932
Dec 20096,23671.445.48$34,197
Nov 20096,37774.593.75$23,923
Oct 20096,20172.544.11$25,488
Sep 20096,73465.543.06$20,638
Aug 20097,41967.423.22$23,878
Jul 20096,77061.133.46$23,455
Jun 20096,20466.163.90$24,165
May 20097,58054.743.93$29,757
Apr 20097,70446.773.59$27,638
Mar 20097,68642.144.06$31,197
Feb 20097,17032.814.63$33,219
Jan 20098,34535.865.37$44,821
Dec 20089,47837.105.98$56,651
Nov 200810,16755.496.86$69,749
Oct 200813,84175.246.92$95,807
Sep 200811,141101.767.88$87,759
Aug 200811,765114.228.48$99,803
Jul 20088,972131.0811.39$102,186
Jun 20086,223131.3313.03$81,102
May 200824,258123.1711.57$280,769
Apr 200830,408110.3110.45$317,911
Mar 200835,635101.909.66$344,379
Feb 200838,20192.538.77$335,045
Jan 200862,26690.388.21$510,938
Dec 200740,39288.337.30$294,941
Nov 200723,38791.677.29$170,531
Oct 20076,11482.856.92$42,321
Sep 20076,67875.846.24$41,699
Aug 20077,23369.066.39$46,204
Jul 20077,55370.906.39$48,248
Jun 20076,14662.007.55$46,393
May 20077,54158.747.85$59,169
Apr 20077,30359.617.81$57,001
Mar 20077,73556.927.30$56,481
Feb 20076,55955.108.22$53,889
Jan 20077,49050.306.73$50,384
Dec 20067,66356.656.92$53,016
Nov 20067,84854.207.62$59,782
Oct 20068,13854.906.01$48,940
Sep 20067,75960.085.04$39,084
Aug 20067,77468.717.34$57,061
Jul 20067,76769.376.34$49,264
Jun 20066,04366.286.38$38,578
May 20067,65366.016.42$49,171
Apr 20068,24064.397.36$60,650
Mar 20069,08156.707.08$64,320
Feb 20068,13457.597.75$63,048
Jan 20068,90060.598.93$79,507
Dec 20059,80154.9413.42$131,484
Nov 20058,90754.6910.59$94,311
Oct 20058,58858.3413.80$118,478
Sep 200510,46761.4512.08$126,431
Aug 200510,62161.519.80$104,052
Jul 20059,83355.697.84$77,127
Jun 20059,44752.337.38$69,729
May 20058,68845.226.65$57,785
Apr 20057,87449.207.36$57,956
Mar 20059,12350.377.15$65,274
Feb 20058,06245.226.31$50,887
Jan 20059,59643.166.32$60,668
Dec 20048,96739.866.75$60,537
Nov 20049,63545.286.33$60,994
Oct 200412,13649.706.52$79,067
Sep 20049,07943.245.28$47,973
Aug 200410,76342.375.55$59,742
Jul 200411,79138.286.08$71,739
Jun 20048,47236.106.43$54,501
May 200410,03737.486.49$65,186
Apr 20049,97734.475.86$58,450
Mar 200412,69834.365.53$70,222
Feb 20049,00132.455.51$49,592
Jan 200416,23332.036.30$102,262
Dec 200316,59930.266.30$104,601
Nov 200315,69228.804.60$72,107
Oct 200317,01828.174.76$81,000
Sep 200318,69026.314.75$88,766
Aug 200324,80029.765.13$127,217
Jul 2003029.415.17$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                  994 Mcf  × $  3.05 =     $3,028

────────────────────────────────────────────────────
Month total                                   $3,028

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/196225 is the state's own key, not one this site invented.