BONDS RANCH

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 198098District 09Field 65280200GasSaveExport
Value, all time
$5.6 M
Sep 2003 – May 2026
Value, last 12 filed months
$18 k
at the published price for each month
Months reported
273
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
GasProduction983,103 Mcf$5,571,875
Total$5,571,875

Every month this lease reported (273)

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

273 months

May 2026522106.413.05$1,590
Apr 202651598.932.87$1,478
Mar 202656889.753.15$1,789
Feb 2026063.503.75$0
Jan 2026059.138.00$0
Dec 202548756.664.41$2,149
Nov 202550458.593.93$1,979
Oct 202553159.383.30$1,755
Sep 202553162.743.08$1,634
Aug 202557663.933.01$1,737
Jul 202562666.743.32$2,075
Jun 202560766.483.13$1,899
May 202562560.553.23$2,020
Apr 202556162.363.54$1,988
Mar 202558567.704.27$2,497
Feb 202550770.884.34$2,201
Jan 202557374.324.28$2,452
Dec 202458468.993.12$1,823
Nov 202457169.052.20$1,255
Oct 202462371.372.28$1,421
Sep 202461869.612.36$1,461
Aug 202466875.632.06$1,379
Jul 202466479.932.15$1,425
Jun 202467978.082.63$1,788
May 202469178.812.20$1,519
Apr 202464884.451.66$1,075
Mar 202467680.301.55$1,045
Feb 202464976.091.78$1,158
Jan 202464273.023.30$2,117
Dec 202368371.262.61$1,783
Nov 202366077.892.81$1,853
Oct 202364685.443.09$1,994
Sep 202370989.042.74$1,939
Aug 202376480.522.67$2,042
Jul 202379474.852.64$2,098
Jun 202365168.962.26$1,470
May 202369970.622.23$1,557
Apr 202368778.122.24$1,537
Mar 202369272.852.39$1,656
Feb 202361175.112.47$1,507
Jan 202361776.533.39$2,090
Dec 202260676.415.73$3,472
Nov 202255985.005.65$3,156
Oct 202263687.185.86$3,729
Sep 20221,22284.888.16$9,976
Aug 20221,25194.529.13$11,418
Jul 20221,328101.587.54$10,016
Jun 20221,306115.097.98$10,418
May 20221,324109.378.43$11,165
Apr 20221,218104.226.84$8,328
Mar 20221,263108.885.08$6,411
Feb 20221,06791.054.86$5,184
Jan 20221,21681.844.54$5,518
Dec 20211,12671.323.90$4,390
Nov 202192077.435.24$4,818
Oct 20211,04479.795.71$5,965
Sep 20211,16569.865.35$6,234
Aug 20211,48966.024.22$6,284
Jul 20211,41970.783.98$5,651
Jun 20211,25869.493.38$4,253
May 20211,12063.483.02$3,380
Apr 20211,02660.362.76$2,830
Mar 20211,09061.302.72$2,961
Feb 202178857.805.55$4,372
Jan 202194650.412.81$2,659
Dec 202084444.642.68$2,258
Nov 202097438.772.71$2,636
Oct 20201,09336.972.48$2,709
Sep 20201,14037.091.99$2,270
Aug 20201,26739.982.39$3,022
Jul 20201,32238.371.83$2,413
Jun 20201,15134.901.69$1,946
May 20201,09416.921.81$1,985
Apr 20201,03014.751.80$1,859
Mar 20201,13530.341.86$2,107
Feb 20201,04649.881.98$2,072
Jan 20201,07457.252.09$2,250
Dec 20191,05059.012.30$2,420
Nov 201992955.302.75$2,555
Oct 20191,13253.472.42$2,738
Sep 20191,22755.052.66$3,260
Aug 20191,31053.112.30$3,019
Jul 20191,29756.272.46$3,191
Jun 20191,23652.782.49$3,079
May 20191,23758.482.74$3,390
Apr 20191,17562.632.75$3,232
Mar 20191,19356.803.06$3,653
Feb 20191,12450.852.79$3,138
Jan 20191,15746.033.23$3,735
Dec 20181,18946.594.19$4,976
Nov 20181,11352.934.24$4,716
Oct 20181,23561.443.40$4,197
Sep 20181,22259.543.11$3,798
Aug 20181,25359.403.07$3,842
Jul 20181,35065.142.93$3,958
Jun 20181,36260.183.08$4,191
May 20181,43065.382.90$4,148
Apr 20181,34663.842.90$3,904
Mar 20181,45161.222.79$4,044
Feb 20181,24161.782.77$3,433
Jan 20181,36562.874.01$5,473
Dec 20171,40557.272.92$4,105
Nov 20171,46655.423.12$4,572
Oct 20171,62749.292.98$4,854
Sep 20171,64447.523.09$5,075
Aug 20171,72745.373.00$5,189
Jul 20171,75843.873.09$5,427
Jun 20171,67342.493.09$5,165
May 20171,74545.373.26$5,695
Apr 20171,73847.933.21$5,582
Mar 20171,82346.772.98$5,439
Feb 20171,68250.452.95$4,966
Jan 20171,93849.413.42$6,626
Dec 20161,95248.763.72$7,267
Nov 20161,92942.492.64$5,101
Oct 20162,04846.193.09$6,329
Sep 20161,97141.553.10$6,111
Aug 20162,20041.442.92$6,434
Jul 20162,37741.622.92$6,951
Jun 20162,46945.352.69$6,631
May 20162,40542.521.99$4,788
Apr 20162,23436.561.99$4,448
Mar 20162,31133.011.79$4,146
Feb 20162,19926.472.06$4,538
Jan 20162,41227.352.36$5,703
Dec 20152,38132.362.00$4,765
Nov 20152,25938.792.17$4,896
Oct 20152,44143.552.43$5,923
Sep 20152,32542.992.76$6,413
Aug 20152,46940.162.87$7,092
Jul 20152,49748.152.95$7,354
Jun 20152,34556.152.88$6,760
May 20152,58555.212.96$7,640
Apr 20152,31749.822.71$6,271
Mar 20152,51642.892.93$7,384
Feb 20152,62944.662.98$7,824
Jan 20152,97743.433.10$9,231
Dec 20142,87354.693.59$10,318
Nov 20142,61370.464.25$11,110
Oct 20142,63178.303.90$10,263
Sep 20142,53586.164.05$10,255
Aug 20142,77089.394.04$11,177
Jul 20142,92896.564.18$12,238
Jun 20142,75598.164.74$13,050
May 20143,12194.734.73$14,752
Apr 20142,51495.944.81$12,090
Mar 20143,15895.895.06$15,969
Feb 20142,87897.406.19$17,821
Jan 20143,36790.404.86$16,366
Dec 20132,82191.824.35$12,284
Nov 20132,34788.853.74$8,774
Oct 20132,49497.423.78$9,426
Sep 20132,455104.113.72$9,127
Aug 20132,625104.253.52$9,247
Jul 20132,667102.523.72$9,915
Jun 20132,61794.403.93$10,294
May 20132,85194.834.15$11,829
Apr 20132,78993.964.28$11,944
Mar 20132,88393.623.91$11,281
Feb 20132,60591.233.42$8,909
Jan 20132,85391.603.42$9,757
Dec 20122,88386.773.42$9,860
Nov 20122,81786.953.62$10,212
Oct 20122,93189.383.40$9,964
Sep 20122,97694.672.92$8,685
Aug 20123,10092.662.91$9,015
Jul 20123,13185.133.02$9,458
Jun 20123,09079.822.52$7,784
May 20123,28691.612.49$8,177
Apr 20123,289101.652.00$6,567
Mar 20123,552105.052.22$7,893
Feb 20123,226101.102.57$8,292
Jan 20123,42698.092.73$9,367
Dec 20113,20596.873.24$10,383
Nov 20113,00995.723.31$9,964
Oct 20112,67284.983.65$9,749
Sep 20112,52183.623.99$10,048
Aug 20112,66683.404.15$11,062
Jul 20112,93894.144.52$13,272
Jun 20113,17592.904.64$14,732
May 20113,36998.134.40$14,840
Apr 20113,271105.964.33$14,174
Mar 20113,48496.364.06$14,136
Feb 20113,13685.644.18$13,108
Jan 20113,64586.504.59$16,726
Dec 20103,70085.734.35$16,087
Nov 20103,73680.843.80$14,179
Oct 20103,98778.103.51$13,990
Sep 20103,88972.633.98$15,476
Aug 20104,18673.684.42$18,499
Jul 20104,61772.554.74$21,868
Jun 20102,85970.364.91$14,039
May 20104,17071.124.24$17,661
Apr 20104,12881.694.12$17,018
Mar 20104,41478.394.39$19,372
Feb 20104,13373.585.44$22,493
Jan 20104,42674.365.96$26,397
Dec 20094,64071.445.48$25,445
Nov 20094,60174.593.75$17,261
Oct 20094,85772.544.11$19,963
Sep 20094,85365.543.06$14,873
Aug 20094,84467.423.22$15,590
Jul 20095,00461.133.46$17,336
Jun 20094,72366.163.90$18,396
May 20095,01754.743.93$19,695
Apr 20095,03646.773.59$18,067
Mar 20095,14042.144.06$20,863
Feb 20094,77932.814.63$22,141
Jan 20095,74135.865.37$30,835
Dec 20085,92937.105.98$35,438
Nov 20085,73655.496.86$39,351
Oct 20086,15075.246.92$42,570
Sep 20086,360101.767.88$50,098
Aug 20086,168114.228.48$52,323
Jul 20085,852131.0811.39$66,651
Jun 20083,596131.3313.03$46,865
May 20085,198123.1711.57$60,163
Apr 20084,898110.3110.45$51,208
Mar 20086,424101.909.66$62,082
Feb 20085,98692.538.77$52,501
Jan 20087,45090.388.21$61,133
Dec 20077,72388.337.30$56,393
Nov 20077,39091.677.29$53,886
Oct 20077,88682.856.92$54,587
Sep 20078,00875.846.24$50,003
Aug 20078,19669.066.39$52,356
Jul 20077,12770.906.39$45,527
Jun 20076,27962.007.55$47,397
May 20075,96058.747.85$46,764
Apr 20075,95859.617.81$46,503
Mar 20075,39656.927.30$39,401
Feb 20073,16455.108.22$25,995
Jan 20074,11250.306.73$27,661
Dec 20063,86556.656.92$26,740
Nov 20063,92654.207.62$29,906
Oct 20064,46654.906.01$26,858
Sep 20064,65760.085.04$23,458
Aug 20064,99368.717.34$36,648
Jul 20065,39669.376.34$34,226
Jun 20065,40766.286.38$34,518
May 20066,12566.016.42$39,353
Apr 20066,26464.397.36$46,106
Mar 20066,52956.707.08$46,244
Feb 20065,91057.597.75$45,809
Jan 20067,16260.598.93$63,980
Dec 20056,97754.9413.42$93,599
Nov 20057,37154.6910.59$78,047
Oct 20057,88958.3413.80$108,835
Sep 20058,94961.4512.08$108,095
Aug 20059,60361.519.80$94,079
Jul 20058,58355.697.84$67,322
Jun 20059,58352.337.38$70,733
May 20059,69245.226.65$64,463
Apr 200510,22549.207.36$75,261
Mar 200510,66350.377.15$76,292
Feb 200514,71745.226.31$92,893
Jan 200552843.166.32$3,338
Dec 200411,37939.866.75$76,821
Nov 200412,30945.286.33$77,921
Oct 200412,80849.706.52$83,445
Sep 200413,69343.245.28$72,352
Aug 200413,42842.375.55$74,534
Jul 200413,95838.286.08$84,923
Jun 200414,59536.106.43$93,890
May 200415,19337.486.49$98,672
Apr 200415,21834.475.86$89,154
Mar 200414,67534.365.53$81,155
Feb 200415,64232.455.51$86,181
Jan 200433,17832.036.30$209,009
Dec 200339,89830.266.30$251,423
Nov 2003028.804.60$0
Oct 200311,18828.174.76$53,251
Sep 200311,18826.314.75$53,136

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                  522 Mcf  × $  3.05 =     $1,590

────────────────────────────────────────────────────
Month total                                   $1,590

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/198098 is the state's own key, not one this site invented.