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 199440District 09Field 65280200GasSaveExport
Value, all time
$6.2 M
Nov 2003 – May 2026
Value, last 12 filed months
$35 k
at the published price for each month
Months reported
271
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
GasProduction1,090,228 Mcf$6,240,188
Total$6,240,188

Every month this lease reported (271)

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

271 months

May 2026444106.413.05$1,352
Apr 202632198.932.87$921
Mar 202646589.753.15$1,464
Feb 202680263.503.75$3,008
Jan 202631059.138.00$2,479
Dec 202586156.664.41$3,800
Nov 20251,12058.593.93$4,398
Oct 20251,20859.383.30$3,992
Sep 20251,01762.743.08$3,129
Aug 20251,05063.933.01$3,166
Jul 20251,12366.743.32$3,723
Jun 20251,15266.483.13$3,604
May 20251,00160.553.23$3,236
Apr 202595562.363.54$3,384
Mar 202553267.704.27$2,271
Feb 202513170.884.34$569
Jan 202513574.324.28$578
Dec 202415068.993.12$468
Nov 202427069.052.20$594
Oct 202426371.372.28$600
Sep 202428369.612.36$669
Aug 202432375.632.06$667
Jul 202443879.932.15$940
Jun 20241,27878.082.63$3,366
May 20242,23178.812.20$4,905
Apr 202485384.451.66$1,415
Mar 202476780.301.55$1,185
Feb 202435376.091.78$630
Jan 202467673.023.30$2,229
Dec 202367971.262.61$1,773
Nov 202373077.892.81$2,050
Oct 202367185.443.09$2,072
Sep 202390189.042.74$2,464
Aug 202354980.522.67$1,467
Jul 202379174.852.64$2,090
Jun 20231,51868.962.26$3,428
May 202343470.622.23$967
Apr 202366778.122.24$1,493
Mar 20231,00672.852.39$2,408
Feb 202397275.112.47$2,397
Jan 20231,11176.533.39$3,764
Dec 20221,04276.415.73$5,970
Nov 20221,14385.005.65$6,454
Oct 20221,19387.185.86$6,995
Sep 20221,25384.888.16$10,229
Aug 202286794.529.13$7,913
Jul 20221,148101.587.54$8,658
Jun 20221,893115.097.98$15,101
May 20221,069109.378.43$9,015
Apr 2022545104.226.84$3,726
Mar 2022400108.885.08$2,031
Feb 202212391.054.86$598
Jan 20221,07381.844.54$4,869
Dec 202180271.323.90$3,127
Nov 202187677.435.24$4,587
Oct 202177779.795.71$4,440
Sep 202174169.865.35$3,965
Aug 202176066.024.22$3,208
Jul 202190070.783.98$3,584
Jun 202193569.493.38$3,161
May 20211,56463.483.02$4,720
Apr 20211,13360.362.76$3,125
Mar 20211,08261.302.72$2,940
Feb 202167857.805.55$3,762
Jan 202168350.412.81$1,919
Dec 202098944.642.68$2,646
Nov 20201,31238.772.71$3,551
Oct 20201,18136.972.48$2,927
Sep 20201,05037.091.99$2,091
Aug 20201,29239.982.39$3,082
Jul 202049738.371.83$907
Jun 20201,16234.901.69$1,964
May 202080116.921.81$1,454
Apr 202088114.751.80$1,590
Mar 202080830.341.86$1,500
Feb 202068249.881.98$1,351
Jan 202060557.252.09$1,267
Dec 20191159.012.30$25
Nov 201950955.302.75$1,400
Oct 201922153.472.42$535
Sep 201923355.052.66$619
Aug 201927253.112.30$627
Jul 20191,24556.272.46$3,063
Jun 20191,31652.782.49$3,278
May 20191,60258.482.74$4,390
Apr 201990462.632.75$2,487
Mar 20192,31856.803.06$7,098
Feb 20191,64850.852.79$4,602
Jan 20191,85546.033.23$5,988
Dec 20182,27346.594.19$9,514
Nov 20182,22552.934.24$9,428
Oct 20182,52761.443.40$8,587
Sep 20182,87659.543.11$8,939
Aug 2018059.403.07$0
Jul 20183,69365.142.93$10,827
Jun 20181,03760.183.08$3,191
May 20181,13565.382.90$3,292
Apr 20181,43063.842.90$4,148
Mar 20181,22561.222.79$3,414
Feb 201868961.782.77$1,906
Jan 201897862.874.01$3,921
Dec 20171,82357.272.92$5,326
Nov 20171,82655.423.12$5,694
Oct 20171,86849.292.98$5,574
Sep 20171,91847.523.09$5,921
Aug 20171,87745.373.00$5,639
Jul 20171,73743.873.09$5,363
Jun 20171,83842.493.09$5,674
May 20171,79945.373.26$5,871
Apr 20171,83747.933.21$5,900
Mar 20171,85746.772.98$5,541
Feb 20171,30350.452.95$3,847
Jan 20171,83849.413.42$6,284
Dec 20161,67948.763.72$6,251
Nov 20161,71542.492.64$4,535
Oct 20161,91046.193.09$5,902
Sep 20161,71241.553.10$5,308
Aug 20162,49541.442.92$7,296
Jul 20163,15841.622.92$9,235
Jun 20163,09045.352.69$8,299
May 20161,57742.521.99$3,140
Apr 20161,42336.561.99$2,833
Mar 201682533.011.79$1,480
Feb 201698826.472.06$2,039
Jan 20161,24127.352.36$2,934
Dec 201589732.362.00$1,795
Nov 20153,28538.792.17$7,120
Oct 20151,01543.552.43$2,463
Sep 20151,49242.992.76$4,116
Aug 20151,61640.162.87$4,642
Jul 20152,02948.152.95$5,976
Jun 20152,24656.152.88$6,475
May 20154,80555.212.96$14,201
Apr 20152,53049.822.71$6,848
Mar 20152,87842.892.93$8,446
Feb 20152,78044.662.98$8,274
Jan 20152,97043.433.10$9,209
Dec 20143,50054.693.59$12,570
Nov 20143,41370.464.25$14,512
Oct 20143,84178.303.90$14,984
Sep 20143,35886.164.05$13,585
Aug 20142,45889.394.04$9,918
Jul 20142,38496.564.18$9,964
Jun 20142,10798.164.74$9,981
May 20143,14294.734.73$14,851
Apr 20143,45395.944.81$16,606
Mar 20143,73095.895.06$18,862
Feb 20143,27297.406.19$20,260
Jan 20144,08190.404.86$19,837
Dec 20134,24091.824.35$18,463
Nov 20134,38688.853.74$16,396
Oct 20134,88697.423.78$18,466
Sep 20134,790104.113.72$17,808
Aug 20134,998104.253.52$17,606
Jul 20134,722102.523.72$17,555
Jun 20134,35094.403.93$17,110
May 20134,86794.834.15$20,194
Apr 20134,65493.964.28$19,931
Mar 20135,51493.623.91$21,576
Feb 20134,75491.233.42$16,258
Jan 20135,16791.603.42$17,671
Dec 20124,47186.773.42$15,292
Nov 20122,79886.953.62$10,143
Oct 20122,85889.383.40$9,716
Sep 20123,13194.672.92$9,138
Aug 20122,72892.662.91$7,933
Jul 20122,50485.133.02$7,564
Jun 20122,05979.822.52$5,187
May 20121,91491.612.49$4,763
Apr 20121,949101.652.00$3,892
Mar 20122,376105.052.22$5,280
Feb 20122,295101.102.57$5,899
Jan 20122,48698.092.73$6,797
Dec 20112,53696.873.24$8,216
Nov 20112,48795.723.31$8,235
Oct 20112,52684.983.65$9,216
Sep 20112,84783.623.99$11,348
Aug 20114,08583.404.15$16,950
Jul 20114,28494.144.52$19,352
Jun 20114,24992.904.64$19,715
May 20113,55098.134.40$15,637
Apr 20113,319105.964.33$14,382
Mar 20113,42696.364.06$13,900
Feb 20113,45285.644.18$14,429
Jan 20113,88186.504.59$17,809
Dec 20103,24485.734.35$14,104
Nov 20103,33880.843.80$12,669
Oct 20104,98178.103.51$17,478
Sep 20105,17072.633.98$20,574
Aug 20104,97873.684.42$22,000
Jul 20105,27372.554.74$24,976
Jun 20105,12270.364.91$25,151
May 20105,38171.124.24$22,790
Apr 20105,74381.694.12$23,677
Mar 20105,67078.394.39$24,884
Feb 20106,91873.585.44$37,650
Jan 20108,11874.365.96$48,416
Dec 20096,22671.445.48$34,142
Nov 20096,00274.593.75$22,517
Oct 20096,53272.544.11$26,848
Sep 20095,54865.543.06$17,003
Aug 20094,86667.423.22$15,661
Jul 20097,60461.133.46$26,344
Jun 20098,67066.163.90$33,770
May 20099,42354.743.93$36,992
Apr 20099,91646.773.59$35,574
Mar 200911,16842.144.06$45,331
Feb 200910,96432.814.63$50,796
Jan 200911,41735.865.37$61,321
Dec 20083,75237.105.98$22,426
Nov 2008055.496.86$0
Oct 2008075.246.92$0
Sep 20080101.767.88$0
Aug 20080114.228.48$0
Jul 20080131.0811.39$0
Jun 20086,896131.3313.03$89,873
May 200817,602123.1711.57$203,731
Apr 200813,792110.3110.45$144,193
Mar 200814,744101.909.66$142,487
Feb 20085,80092.538.77$50,869
Jan 2008090.388.21$0
Dec 2007088.337.30$0
Nov 2007091.677.29$0
Oct 2007082.856.92$0
Sep 2007075.846.24$0
Aug 20075,86169.066.39$37,440
Jul 20076,78470.906.39$43,336
Jun 20076,11462.007.55$46,151
May 20077,02758.747.85$55,136
Apr 20077,32959.617.81$57,204
Mar 20077,83056.927.30$57,174
Feb 20076,75255.108.22$55,474
Jan 20077,47350.306.73$50,270
Dec 20068,25456.656.92$57,105
Nov 20067,41854.207.62$56,506
Oct 20068,52454.906.01$51,262
Sep 20067,82160.085.04$39,396
Aug 20068,03668.717.34$58,984
Jul 20068,07169.376.34$51,192
Jun 20067,51966.286.38$48,000
May 20067,94266.016.42$51,027
Apr 20068,33564.397.36$61,350
Mar 20068,18956.707.08$58,002
Feb 20066,87557.597.75$53,289
Jan 20068,88760.598.93$79,390
Dec 20059,91454.9413.42$133,000
Nov 20059,50154.6910.59$100,600
Oct 20059,49058.3413.80$130,922
Sep 200510,34561.4512.08$124,957
Aug 200510,71661.519.80$104,983
Jul 200510,68755.697.84$83,825
Jun 200510,84852.337.38$80,070
May 200510,34745.226.65$68,820
Apr 200510,26649.207.36$75,563
Mar 200512,20250.377.15$87,304
Feb 200511,39045.226.31$71,893
Jan 200515,14843.166.32$95,769
Dec 200410,62239.866.75$71,710
Nov 200412,57945.286.33$79,630
Oct 200412,42349.706.52$80,937
Sep 200414,26943.245.28$75,396
Aug 200413,37042.375.55$74,212
Jul 200414,89838.286.08$90,642
Jun 200416,04636.106.43$103,224
May 200417,54637.486.49$113,954
Apr 200416,01934.475.86$93,847
Mar 200417,14634.365.53$94,820
Feb 200419,03632.455.51$104,881
Jan 200437,92232.036.30$238,895
Dec 200319,21530.266.30$121,086
Nov 200325,52628.804.60$117,296

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                  444 Mcf  × $  3.05 =     $1,352

────────────────────────────────────────────────────
Month total                                   $1,352

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/199440 is the state's own key, not one this site invented.