BONDS RANCH "A"

Operated by BKV BARNETT II, LLC (P-5 103758) 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 196671District 09Field 65280200GasSaveExport
Value, all time
$3.5 M
May 2003 – May 2026
Value, last 12 filed months
$26 k
at the published price for each month
Months reported
277
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
GasProduction645,702 Mcf$3,528,029
Total$3,528,029

Every month this lease reported (277)

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

277 months

May 2026699106.413.05$2,129
Apr 202654198.932.87$1,553
Mar 202667489.753.15$2,123
Feb 20262063.503.75$75
Jan 20261659.138.00$128
Dec 202570456.664.41$3,107
Nov 202576058.593.93$2,984
Oct 202579159.383.30$2,614
Sep 202570762.743.08$2,175
Aug 202562963.933.01$1,896
Jul 20251,02566.743.32$3,398
Jun 20251,14766.483.13$3,589
May 20251,09060.553.23$3,523
Apr 202589062.363.54$3,153
Mar 202574067.704.27$3,159
Feb 202558270.884.34$2,526
Jan 202560474.324.28$2,584
Dec 202467168.993.12$2,094
Nov 202476869.052.20$1,688
Oct 20241,07871.372.28$2,459
Sep 20241,13869.612.36$2,691
Aug 20241,17975.632.06$2,433
Jul 20241,11579.932.15$2,393
Jun 202487478.082.63$2,302
May 20241,07278.812.20$2,357
Apr 202498284.451.66$1,629
Mar 20241,01980.301.55$1,574
Feb 202492076.091.78$1,641
Jan 202496473.023.30$3,179
Dec 20231,00371.262.61$2,619
Nov 20231,02477.892.81$2,875
Oct 20231,11085.443.09$3,427
Sep 20231,24289.042.74$3,397
Aug 202390380.522.67$2,414
Jul 202383474.852.64$2,203
Jun 202372968.962.26$1,646
May 202370070.622.23$1,559
Apr 202366778.122.24$1,493
Mar 202370072.852.39$1,675
Feb 202363775.112.47$1,571
Jan 202370376.533.39$2,382
Dec 202270176.415.73$4,016
Nov 202274185.005.65$4,184
Oct 202284987.185.86$4,978
Sep 202283084.888.16$6,776
Aug 202292794.529.13$8,461
Jul 2022927101.587.54$6,992
Jun 2022835115.097.98$6,661
May 2022697109.378.43$5,878
Apr 2022625104.226.84$4,274
Mar 2022651108.885.08$3,305
Feb 202259991.054.86$2,910
Jan 202270181.844.54$3,181
Dec 202170571.323.90$2,749
Nov 202171077.435.24$3,718
Oct 202175679.795.71$4,320
Sep 202170269.865.35$3,756
Aug 202175866.024.22$3,199
Jul 202174570.783.98$2,967
Jun 202171869.493.38$2,427
May 202175763.483.02$2,284
Apr 202180860.362.76$2,229
Mar 202180661.302.72$2,190
Feb 202165757.805.55$3,645
Jan 202174950.412.81$2,105
Dec 202076344.642.68$2,041
Nov 202075438.772.71$2,041
Oct 202076036.972.48$1,884
Sep 202075937.091.99$1,511
Aug 202075539.982.39$1,801
Jul 202073738.371.83$1,345
Jun 202074234.901.69$1,254
May 202075916.921.81$1,377
Apr 202074614.751.80$1,346
Mar 202075030.341.86$1,392
Feb 202076349.881.98$1,511
Jan 202097757.252.09$2,047
Dec 201995759.012.30$2,205
Nov 201997355.302.75$2,676
Oct 201970953.472.42$1,715
Sep 201959555.052.66$1,581
Aug 201969453.112.30$1,599
Jul 201978756.272.46$1,936
Jun 201977252.782.49$1,923
May 201983158.482.74$2,277
Apr 201984462.632.75$2,322
Mar 201989656.803.06$2,744
Feb 201986850.852.79$2,424
Jan 201986246.033.23$2,783
Dec 201876846.594.19$3,214
Nov 201875852.934.24$3,212
Oct 201874561.443.40$2,532
Sep 201871159.543.11$2,210
Aug 201871759.403.07$2,199
Jul 201884865.142.93$2,486
Jun 201884060.183.08$2,585
May 201887465.382.90$2,535
Apr 201890563.842.90$2,625
Mar 201893861.222.79$2,614
Feb 201891861.782.77$2,539
Jan 20181,05262.874.01$4,218
Dec 20171,05457.272.92$3,079
Nov 201797455.423.12$3,037
Oct 20171,00849.292.98$3,008
Sep 201793947.523.09$2,899
Aug 201795445.373.00$2,866
Jul 201783843.873.09$2,587
Jun 201762542.493.09$1,930
May 201763745.373.26$2,079
Apr 201762847.933.21$2,017
Mar 201769246.772.98$2,065
Feb 201766850.452.95$1,972
Jan 201788849.413.42$3,036
Dec 201694048.763.72$3,499
Nov 201676042.492.64$2,010
Oct 201675446.193.09$2,330
Sep 201681341.553.10$2,521
Aug 201695941.442.92$2,804
Jul 20161,01341.622.92$2,962
Jun 201693945.352.69$2,522
May 20161,07942.521.99$2,148
Apr 20161,20436.561.99$2,397
Mar 20161,42333.011.79$2,553
Feb 20161,55126.472.06$3,201
Jan 20161,62427.352.36$3,840
Dec 20151,89332.362.00$3,789
Nov 20151,93938.792.17$4,202
Oct 20152,02543.552.43$4,914
Sep 20151,63242.992.76$4,502
Aug 20151,25140.162.87$3,593
Jul 201599048.152.95$2,916
Jun 20151,10556.152.88$3,186
May 20151,43355.212.96$4,235
Apr 20151,41749.822.71$3,835
Mar 20151,50642.892.93$4,420
Feb 20151,41144.662.98$4,199
Jan 20151,59043.433.10$4,930
Dec 20141,61854.693.59$5,811
Nov 20141,60070.464.25$6,803
Oct 20141,62378.303.90$6,331
Sep 20141,42486.164.05$5,761
Aug 20141,45589.394.04$5,871
Jul 20141,42996.564.18$5,973
Jun 20141,43998.164.74$6,816
May 20141,49594.734.73$7,066
Apr 20141,39795.944.81$6,718
Mar 20141,46295.895.06$7,393
Feb 20141,45097.406.19$8,978
Jan 20141,50290.404.86$7,301
Dec 20131,14291.824.35$4,973
Nov 20131,16888.853.74$4,366
Oct 20131,67897.423.78$6,342
Sep 20131,513104.113.72$5,625
Aug 20131,671104.253.52$5,886
Jul 20131,651102.523.72$6,138
Jun 20131,55894.403.93$6,128
May 20131,58294.834.15$6,564
Apr 20131,58993.964.28$6,805
Mar 20131,67793.623.91$6,562
Feb 20131,50091.233.42$5,130
Jan 20131,62791.603.42$5,564
Dec 20121,68486.773.42$5,760
Nov 20121,55986.953.62$5,651
Oct 20121,59689.383.40$5,426
Sep 20121,65194.672.92$4,818
Aug 20121,59592.662.91$4,639
Jul 20121,70285.133.02$5,141
Jun 20121,60979.822.52$4,053
May 20121,70991.612.49$4,253
Apr 20121,885101.652.00$3,764
Mar 20121,808105.052.22$4,018
Feb 20121,636101.102.57$4,205
Jan 20121,70998.092.73$4,673
Dec 20111,31796.873.24$4,267
Nov 20111,63195.723.31$5,401
Oct 20111,65384.983.65$6,031
Sep 20111,55983.623.99$6,214
Aug 20111,65383.404.15$6,859
Jul 20111,72594.144.52$7,792
Jun 20111,71592.904.64$7,957
May 20111,81698.134.40$7,999
Apr 20111,740105.964.33$7,540
Mar 20111,84696.364.06$7,490
Feb 20111,71685.644.18$7,173
Jan 20111,94086.504.59$8,902
Dec 20101,78185.734.35$7,743
Nov 20101,79580.843.80$6,813
Oct 20101,72678.103.51$6,056
Sep 20102,13872.633.98$8,508
Aug 20102,48473.684.42$10,978
Jul 20101,85072.554.74$8,763
Jun 20101,99070.364.91$9,772
May 20101,92071.124.24$8,132
Apr 20101,84681.694.12$7,610
Mar 20101,76478.394.39$7,742
Feb 20101,75473.585.44$9,546
Jan 20102,17974.365.96$12,996
Dec 20092,20271.445.48$12,075
Nov 20092,18274.593.75$8,186
Oct 20092,80172.544.11$11,513
Sep 20091,03065.543.06$3,157
Aug 20092,15267.423.22$6,926
Jul 20092,19861.133.46$7,615
Jun 20091,96366.163.90$7,646
May 20092,06954.743.93$8,122
Apr 20092,04046.773.59$7,319
Mar 20092,10842.144.06$8,556
Feb 20092,01032.814.63$9,312
Jan 20092,35035.865.37$12,622
Dec 20082,72037.105.98$16,258
Nov 20081,93655.496.86$13,282
Oct 20082,11875.246.92$14,661
Sep 20081,897101.767.88$14,943
Aug 20082,362114.228.48$20,037
Jul 20082,713131.0811.39$30,900
Jun 20081,475131.3313.03$19,223
May 20082,038123.1711.57$23,588
Apr 20082,285110.3110.45$23,889
Mar 20082,904101.909.66$28,064
Feb 20082,77092.538.77$24,295
Jan 20082,91790.388.21$23,936
Dec 20072,82488.337.30$20,621
Nov 20072,65691.677.29$19,367
Oct 20072,71182.856.92$18,765
Sep 20072,74275.846.24$17,121
Aug 20072,86069.066.39$18,270
Jul 20072,93170.906.39$18,723
Jun 20072,83962.007.55$21,430
May 20073,06658.747.85$24,057
Apr 20072,77959.617.81$21,691
Mar 20073,01456.927.30$22,008
Feb 20073,01555.108.22$24,771
Jan 20073,71750.306.73$25,004
Dec 20063,94456.656.92$27,286
Nov 20063,81954.207.62$29,091
Oct 20063,55054.906.01$21,349
Sep 20063,30360.085.04$16,638
Aug 20063,27368.717.34$24,024
Jul 20063,60069.376.34$22,834
Jun 20063,73266.286.38$23,825
May 20063,97866.016.42$25,559
Apr 20064,15164.397.36$30,553
Mar 20064,17656.707.08$29,578
Feb 20063,78057.597.75$29,299
Jan 20064,16060.598.93$37,163
Dec 20053,78254.9413.42$50,737
Nov 20053,71254.6910.59$39,304
Oct 20054,44258.3413.80$61,281
Sep 20054,15461.4512.08$50,176
Aug 20054,30661.519.80$42,185
Jul 20054,34455.697.84$34,073
Jun 20054,49152.337.38$33,148
May 20054,79445.226.65$31,886
Apr 20055,50549.207.36$40,519
Mar 20055,17750.377.15$37,041
Feb 20055,34445.226.31$33,731
Jan 20056,65143.166.32$42,049
Dec 20047,06239.866.75$47,676
Nov 20047,17045.286.33$45,389
Oct 20045,91749.706.52$38,550
Sep 20048,88143.245.28$46,926
Aug 200411,89442.375.55$66,020
Jul 200412,88738.286.08$78,407
Jun 200417,46536.106.43$112,353
May 200420,45737.486.49$132,860
Apr 20047,69734.475.86$45,093
Mar 20047,91834.365.53$43,788
Feb 20047,62132.455.51$41,989
Jan 20049,82732.036.30$61,907
Dec 200312,17830.266.30$76,741
Nov 200315,41328.804.60$70,825
Oct 200314,60328.174.76$69,505
Sep 200313,28326.314.75$63,086
Aug 200315,07129.765.13$77,310
Jul 200320,79429.415.17$107,522
Jun 200317,18328.565.98$102,805
May 2003026.595.97$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                  699 Mcf  × $  3.05 =     $2,129

────────────────────────────────────────────────────
Month total                                   $2,129

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/196671 is the state's own key, not one this site invented.