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 196303District 09Field 65280200GasSaveExport
Value, all time
$8.5 M
Jun 2003 – May 2026
Value, last 12 filed months
$64 k
at the published price for each month
Months reported
276
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
GasProduction1,460,354 Mcf$8,520,618
Total$8,520,618

Every month this lease reported (276)

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

276 months

May 20261,329106.413.05$4,048
Apr 20261,48098.932.87$4,247
Mar 20261,61489.753.15$5,083
Feb 20261,43263.503.75$5,370
Jan 20261,04059.138.00$8,318
Dec 20251,50656.664.41$6,647
Nov 20251,50858.593.93$5,921
Oct 20251,57559.383.30$5,205
Sep 20251,53162.743.08$4,711
Aug 20251,56763.933.01$4,724
Jul 20251,57466.743.32$5,218
Jun 20251,56066.483.13$4,881
May 20251,64060.553.23$5,301
Apr 20251,76062.363.54$6,236
Mar 20253,47467.704.27$14,828
Feb 2025070.884.34$0
Jan 2025074.324.28$0
Dec 2024168.993.12$3
Nov 2024969.052.20$20
Oct 20246371.372.28$144
Sep 202429369.612.36$693
Aug 202475675.632.06$1,560
Jul 20241,45379.932.15$3,119
Jun 20241,69278.082.63$4,457
May 20241,83078.812.20$4,023
Apr 20241,83084.451.66$3,036
Mar 20241,91280.301.55$2,954
Feb 20241,69976.091.78$3,030
Jan 20241,77273.023.30$5,843
Dec 20231,85971.262.61$4,853
Nov 20231,89877.892.81$5,329
Oct 20231,39685.443.09$4,310
Sep 20231,74289.042.74$4,764
Aug 20231,91680.522.67$5,121
Jul 20231,77374.852.64$4,684
Jun 20231,67068.962.26$3,772
May 20231,72170.622.23$3,833
Apr 20231,66578.122.24$3,726
Mar 20231,82672.852.39$4,370
Feb 20231,81275.112.47$4,468
Jan 20231,86176.533.39$6,305
Dec 20221,84176.415.73$10,547
Nov 20221,76785.005.65$9,977
Oct 20221,76587.185.86$10,350
Sep 20221,81884.888.16$14,842
Aug 20221,93594.529.13$17,661
Jul 20221,580101.587.54$11,916
Jun 20221,554115.097.98$12,397
May 20221,630109.378.43$13,746
Apr 20221,531104.226.84$10,468
Mar 20221,595108.885.08$8,097
Feb 20221,42291.054.86$6,909
Jan 20221,59481.844.54$7,233
Dec 20211,66971.323.90$6,508
Nov 20211,65477.435.24$8,662
Oct 20211,74779.795.71$9,982
Sep 20211,70169.865.35$9,102
Aug 20211,69166.024.22$7,137
Jul 20211,75970.783.98$7,004
Jun 20211,73969.493.38$5,879
May 20211,77663.483.02$5,359
Apr 20211,77860.362.76$4,904
Mar 20211,84261.302.72$5,005
Feb 20211,40757.805.55$7,806
Jan 20211,86850.412.81$5,250
Dec 20201,94344.642.68$5,198
Nov 20201,84438.772.71$4,991
Oct 20201,92836.972.48$4,778
Sep 20202,00137.091.99$3,984
Aug 20202,12439.982.39$5,066
Jul 20202,12338.371.83$3,875
Jun 20202,06834.901.69$3,496
May 20202,11316.921.81$3,835
Apr 20202,02214.751.80$3,648
Mar 20201,93730.341.86$3,596
Feb 20201,71849.881.98$3,403
Jan 20201,89257.252.09$3,963
Dec 20191,89959.012.30$4,376
Nov 20191,83855.302.75$5,056
Oct 20191,85553.472.42$4,486
Sep 20191,81955.052.66$4,834
Aug 20191,91753.112.30$4,417
Jul 20191,90856.272.46$4,694
Jun 20191,91052.782.49$4,758
May 20191,92858.482.74$5,283
Apr 20192,27862.632.75$6,266
Mar 20192,59056.803.06$7,931
Feb 20191,93750.852.79$5,409
Jan 20192,16946.033.23$7,002
Dec 20182,15146.594.19$9,003
Nov 20182,13052.934.24$9,025
Oct 20182,20061.443.40$7,476
Sep 20182,17059.543.11$6,744
Aug 20182,28859.403.07$7,016
Jul 20182,40065.142.93$7,037
Jun 20182,57960.183.08$7,935
May 20182,57165.382.90$7,458
Apr 20181,99063.842.90$5,773
Mar 20182,02261.222.79$5,635
Feb 20181,87261.782.77$5,178
Jan 20182,67062.874.01$10,705
Dec 20172,46857.272.92$7,210
Nov 20172,36555.423.12$7,375
Oct 20172,47749.292.98$7,391
Sep 20172,48347.523.09$7,666
Aug 20172,51645.373.00$7,559
Jul 20172,49743.873.09$7,709
Jun 20172,43042.493.09$7,502
May 20172,49145.373.26$8,129
Apr 20172,47047.933.21$7,933
Mar 20172,52846.772.98$7,543
Feb 20172,45150.452.95$7,237
Jan 20172,79249.413.42$9,545
Dec 20162,73448.763.72$10,178
Nov 20162,57742.492.64$6,814
Oct 20162,57846.193.09$7,967
Sep 20162,47941.553.10$7,686
Aug 20162,66241.442.92$7,785
Jul 20162,66741.622.92$7,799
Jun 20162,60045.352.69$6,983
May 20162,48542.521.99$4,948
Apr 201699836.561.99$1,987
Mar 20161,08833.011.79$1,952
Feb 20161,08826.472.06$2,245
Jan 20161,20027.352.36$2,837
Dec 20151,21532.362.00$2,432
Nov 20151,20738.792.17$2,616
Oct 20151,29943.552.43$3,152
Sep 20151,08742.992.76$2,998
Aug 20151,19340.162.87$3,427
Jul 20151,23348.152.95$3,631
Jun 20151,18456.152.88$3,413
May 20151,42755.212.96$4,217
Apr 20151,45949.822.71$3,949
Mar 20151,79942.892.93$5,280
Feb 20151,78244.662.98$5,304
Jan 20152,51543.433.10$7,798
Dec 20143,00354.693.59$10,785
Nov 20142,20970.464.25$9,392
Oct 20142,66978.303.90$10,412
Sep 20142,18186.164.05$8,823
Aug 20142,18189.394.04$8,801
Jul 20142,68596.564.18$11,222
Jun 20143,17398.164.74$15,030
May 20143,55994.734.73$16,822
Apr 20143,02895.944.81$14,562
Mar 20143,08395.895.06$15,590
Feb 20142,98197.406.19$18,458
Jan 20143,21490.404.86$15,622
Dec 20133,52791.824.35$15,358
Nov 20133,48588.853.74$13,028
Oct 20133,49097.423.78$13,190
Sep 20133,390104.113.72$12,603
Aug 20133,450104.253.52$12,153
Jul 20133,543102.523.72$13,172
Jun 20133,52794.403.93$13,873
May 20133,94094.834.15$16,347
Apr 20133,97793.964.28$17,032
Mar 20134,33593.623.91$16,962
Feb 20134,32491.233.42$14,788
Jan 20134,91791.603.42$16,816
Dec 20125,12386.773.42$17,521
Nov 20124,80686.953.62$17,422
Oct 20124,81789.383.40$16,376
Sep 20124,70594.672.92$13,731
Aug 20125,10892.662.91$14,855
Jul 20124,85985.133.02$14,678
Jun 20124,68379.822.52$11,797
May 20125,01591.612.49$12,479
Apr 20125,095101.652.00$10,174
Mar 20125,014105.052.22$11,142
Feb 20124,489101.102.57$11,538
Jan 20124,54298.092.73$12,418
Dec 20114,10196.873.24$13,286
Nov 20113,21995.723.31$10,659
Oct 20113,50284.983.65$12,777
Sep 20113,89083.623.99$15,505
Aug 20114,67183.404.15$19,381
Jul 20115,31294.144.52$23,996
Jun 20113,83192.904.64$17,775
May 20111,47698.134.40$6,502
Apr 20110105.964.33$0
Mar 201125196.364.06$1,018
Feb 20112,93285.644.18$12,256
Jan 20113,92486.504.59$18,006
Dec 20103,96385.734.35$17,230
Nov 20103,95780.843.80$15,018
Oct 20104,22878.103.51$14,836
Sep 20104,06472.633.98$16,173
Aug 20104,22573.684.42$18,672
Jul 20104,32572.554.74$20,485
Jun 20104,18570.364.91$20,550
May 20104,40171.124.24$18,639
Apr 20104,48381.694.12$18,482
Mar 20104,66778.394.39$20,482
Feb 20104,14673.585.44$22,564
Jan 20104,56474.365.96$27,220
Dec 20094,53971.445.48$24,891
Nov 20094,71074.593.75$17,670
Oct 20094,91372.544.11$20,194
Sep 20094,42065.543.06$13,546
Aug 20094,86767.423.22$15,664
Jul 20094,83761.133.46$16,758
Jun 20094,68566.163.90$18,248
May 20094,85154.743.93$19,044
Apr 20094,51646.773.59$16,201
Mar 20094,66942.144.06$18,951
Feb 20094,78432.814.63$22,164
Jan 20095,36635.865.37$28,821
Dec 20085,37237.105.98$32,109
Nov 20084,56055.496.86$31,283
Oct 20082,60675.246.92$18,039
Sep 20087,634101.767.88$60,134
Aug 20088,859114.228.48$75,151
Jul 20089,581131.0811.39$109,122
Jun 200810,145131.3313.03$132,216
May 20089,923123.1711.57$114,852
Apr 200813,679110.3110.45$143,012
Mar 200830,026101.909.66$290,173
Feb 200814,37592.538.77$126,077
Jan 200813,22190.388.21$108,488
Dec 200715,64188.337.30$114,210
Nov 200713,06891.677.29$95,288
Oct 200712,92282.856.92$89,446
Sep 200712,03675.846.24$75,155
Aug 200718,06069.066.39$115,366
Jul 20077,87870.906.39$50,324
Jun 20076,34962.007.55$47,925
May 20078,08758.747.85$63,453
Apr 20078,20959.617.81$64,073
Mar 20079,91456.927.30$72,392
Feb 20077,75155.108.22$63,682
Jan 20077,61550.306.73$51,225
Dec 20069,00956.656.92$62,328
Nov 20068,82254.207.62$67,201
Oct 20069,56954.906.01$57,546
Sep 20068,82060.085.04$44,428
Aug 20069,86868.717.34$72,430
Jul 20069,67669.376.34$61,373
Jun 20069,98366.286.38$63,730
May 200610,48566.016.42$67,366
Apr 200610,44764.397.36$76,895
Mar 200611,63856.707.08$82,431
Feb 20069,98857.597.75$77,418
Jan 200611,57260.598.93$103,376
Dec 200512,65154.9413.42$169,718
Nov 200511,68554.6910.59$123,725
Oct 200511,06958.3413.80$152,705
Sep 200513,24861.4512.08$160,023
Aug 200513,35761.519.80$130,856
Jul 200513,07355.697.84$102,540
Jun 200514,08452.337.38$103,955
May 200513,17845.226.65$87,649
Apr 200512,79549.207.36$94,177
Mar 200515,23750.377.15$109,019
Feb 200511,54145.226.31$72,846
Jan 20059,64243.166.32$60,959
Dec 200410,98339.866.75$74,147
Nov 200415,37045.286.33$97,299
Oct 200417,58449.706.52$114,562
Sep 200418,30643.245.28$96,727
Aug 200418,72242.375.55$103,919
Jul 200418,10738.286.08$110,166
Jun 200419,04236.106.43$122,498
May 200420,21137.486.49$131,262
Apr 200421,05834.475.86$123,367
Mar 200421,18034.365.53$117,128
Feb 200423,00532.455.51$126,749
Jan 200428,19432.036.30$177,612
Dec 200322,96130.266.30$144,692
Nov 200326,03528.804.60$119,635
Oct 200329,21028.174.76$139,029
Sep 200325,03726.314.75$118,910
Aug 200331,38329.765.13$160,986
Jul 200331,71529.415.17$163,993
Jun 20032,67228.565.98$15,986

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                1,329 Mcf  × $  3.05 =     $4,048

────────────────────────────────────────────────────
Month total                                   $4,048

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/196303 is the state's own key, not one this site invented.