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 201040District 09Field 65280200GasSaveExport
Value, all time
$7.0 M
Sep 2003 – May 2026
Value, last 12 filed months
$148 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
GasProduction1,315,543 Mcf$6,969,180
Total$6,969,180

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 20262,013106.413.05$6,131
Apr 20261,49298.932.87$4,282
Mar 20262,25289.753.15$7,093
Feb 20263,69263.503.75$13,846
Jan 20261,62759.138.00$13,013
Dec 20253,95856.664.41$17,468
Nov 20254,17458.593.93$16,389
Oct 20254,33159.383.30$14,313
Sep 20253,78962.743.08$11,658
Aug 20254,23963.933.01$12,780
Jul 20255,15066.743.32$17,073
Jun 20254,35166.483.13$13,613
May 20253,98560.553.23$12,881
Apr 20253,96462.363.54$14,045
Mar 20254,49867.704.27$19,199
Feb 20252,77070.884.34$12,024
Jan 20254,94974.324.28$21,175
Dec 20245,50168.993.12$17,171
Nov 20244,68269.052.20$10,293
Oct 20245,20671.372.28$11,877
Sep 20245,18169.612.36$12,250
Aug 20245,37875.632.06$11,098
Jul 20245,17179.932.15$11,100
Jun 20244,50578.082.63$11,866
May 20244,57978.812.20$10,067
Apr 20244,80184.451.66$7,966
Mar 20245,53880.301.55$8,557
Feb 20244,55576.091.78$8,124
Jan 20244,75673.023.30$15,684
Dec 20233,75571.262.61$9,803
Nov 20235,39477.892.81$15,144
Oct 20235,45085.443.09$16,826
Sep 20236,27189.042.74$17,151
Aug 20234,58580.522.67$12,255
Jul 20236,22974.852.64$16,456
Jun 20237,47168.962.26$16,873
May 20233,90370.622.23$8,694
Apr 20235,53978.122.24$12,395
Mar 20238,49872.852.39$20,337
Feb 202310,21975.112.47$25,197
Jan 202314,89576.533.39$50,460
Dec 202213,54076.415.73$77,572
Nov 202216,09685.005.65$90,881
Oct 202217,41187.185.86$102,094
Sep 202218,29484.888.16$149,346
Aug 202213,48594.529.13$123,080
Jul 202222,357101.587.54$168,618
Jun 202222,396115.097.98$178,657
May 20221,420109.378.43$11,975
Apr 20221,446104.226.84$9,887
Mar 20221,493108.885.08$7,579
Feb 202292291.054.86$4,480
Jan 202245981.844.54$2,083
Dec 20212,06971.323.90$8,067
Nov 20212,99577.435.24$15,684
Oct 20213,01479.795.71$17,222
Sep 20212,84669.865.35$15,229
Aug 20212,86566.024.22$12,092
Jul 20212,99670.783.98$11,930
Jun 20213,28469.493.38$11,102
May 20213,96563.483.02$11,965
Apr 20212,66960.362.76$7,362
Mar 20212,50261.302.72$6,798
Feb 20211,84457.805.55$10,230
Jan 20211,07950.412.81$3,032
Dec 20201,35644.642.68$3,628
Nov 20201,11838.772.71$3,026
Oct 202062136.972.48$1,539
Sep 202024537.091.99$488
Aug 20203,10339.982.39$7,401
Jul 20201,95038.371.83$3,559
Jun 202091734.901.69$1,550
May 20203,16716.921.81$5,747
Apr 20203,28114.751.80$5,920
Mar 20203,86230.341.86$7,169
Feb 20201,59349.881.98$3,155
Jan 20202,58357.252.09$5,411
Dec 20192,33859.012.30$5,388
Nov 20192,40755.302.75$6,621
Oct 20193,31153.472.42$8,008
Sep 20194,35555.052.66$11,572
Aug 20193,65653.112.30$8,425
Jul 201928456.272.46$699
Jun 201968152.782.49$1,697
May 201961658.482.74$1,688
Apr 20192,15862.632.75$5,936
Mar 20192,31856.803.06$7,098
Feb 20191,64850.852.79$4,602
Jan 20191,85546.033.23$5,988
Dec 20182,27246.594.19$9,509
Nov 20182,22552.934.24$9,428
Oct 20182,52761.443.40$8,587
Sep 20182,87659.543.11$8,939
Aug 20183,18059.403.07$9,752
Jul 20183,69365.142.93$10,827
Jun 20183,53060.183.08$10,862
May 20184,00565.382.90$11,618
Apr 20184,43963.842.90$12,877
Mar 20184,39261.222.79$12,240
Feb 20183,45061.782.77$9,543
Jan 20184,18862.874.01$16,791
Dec 20173,47057.272.92$10,138
Nov 20174,34155.423.12$13,537
Oct 20174,82649.292.98$14,399
Sep 20174,70047.523.09$14,510
Aug 20174,70245.373.00$14,127
Jul 20174,88743.873.09$15,088
Jun 20174,96642.493.09$15,331
May 20175,35645.373.26$17,479
Apr 20175,54147.933.21$17,795
Mar 20175,65646.772.98$16,876
Feb 20175,32250.452.95$15,714
Jan 20175,89249.413.42$20,144
Dec 20164,60848.763.72$17,155
Nov 20165,55542.492.64$14,689
Oct 20164,38146.193.09$13,538
Sep 201642441.553.10$1,315
Aug 2016041.442.92$0
Jul 2016041.622.92$0
Jun 2016045.352.69$0
May 2016042.521.99$0
Apr 2016036.561.99$0
Mar 2016033.011.79$0
Feb 2016026.472.06$0
Jan 2016027.352.36$0
Dec 2015032.362.00$0
Nov 2015038.792.17$0
Oct 2015043.552.43$0
Sep 2015042.992.76$0
Aug 2015040.162.87$0
Jul 2015048.152.95$0
Jun 2015056.152.88$0
May 2015055.212.96$0
Apr 2015049.822.71$0
Mar 2015042.892.93$0
Feb 2015044.662.98$0
Jan 2015043.433.10$0
Dec 2014054.693.59$0
Nov 2014070.464.25$0
Oct 2014078.303.90$0
Sep 2014086.164.05$0
Aug 2014089.394.04$0
Jul 2014096.564.18$0
Jun 2014098.164.74$0
May 2014094.734.73$0
Apr 2014095.944.81$0
Mar 2014095.895.06$0
Feb 2014097.406.19$0
Jan 2014090.404.86$0
Dec 2013091.824.35$0
Nov 2013088.853.74$0
Oct 2013097.423.78$0
Sep 20130104.113.72$0
Aug 20130104.253.52$0
Jul 20130102.523.72$0
Jun 2013094.403.93$0
May 2013094.834.15$0
Apr 2013093.964.28$0
Mar 2013093.623.91$0
Feb 2013091.233.42$0
Jan 2013091.603.42$0
Dec 2012086.773.42$0
Nov 2012086.953.62$0
Oct 2012089.383.40$0
Sep 2012094.672.92$0
Aug 2012092.662.91$0
Jul 2012085.133.02$0
Jun 2012079.822.52$0
May 2012091.612.49$0
Apr 20120101.652.00$0
Mar 20120105.052.22$0
Feb 20120101.102.57$0
Jan 2012098.092.73$0
Dec 2011096.873.24$0
Nov 2011095.723.31$0
Oct 2011084.983.65$0
Sep 2011083.623.99$0
Aug 201131883.404.15$1,319
Jul 20113,26594.144.52$14,749
Jun 20113,16492.904.64$14,681
May 20113,73098.134.40$16,430
Apr 20113,783105.964.33$16,393
Mar 20113,27896.364.06$13,300
Feb 20111,44185.644.18$6,023
Jan 20113,15986.504.59$14,496
Dec 20103,07385.734.35$13,361
Nov 20102,98080.843.80$11,310
Oct 20103,89378.103.51$13,660
Sep 20103,34772.633.98$13,319
Aug 20103,29873.684.42$14,575
Jul 20105,19772.554.74$24,616
Jun 20104,10970.364.91$20,177
May 20105,08971.124.24$21,553
Apr 20109,23681.694.12$38,077
Mar 20109,77878.394.39$42,912
Feb 20107,29773.585.44$39,713
Jan 20108,75274.365.96$52,198
Dec 20099,78871.445.48$53,675
Nov 200910,45774.593.75$39,229
Oct 200912,53172.544.11$51,506
Sep 200910,56865.543.06$32,388
Aug 20099,31067.423.22$29,964
Jul 200913,05961.133.46$45,243
Jun 200913,95966.163.90$54,370
May 200915,16154.743.93$59,518
Apr 200916,63746.773.59$59,685
Mar 200913,43042.144.06$54,512
Feb 200911,57332.814.63$53,618
Jan 200912,22835.865.37$65,677
Dec 20085,88737.105.98$35,187
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 20085,586131.3313.03$72,800
May 20086,261123.1711.57$72,467
Apr 20088,319110.3110.45$86,974
Mar 200811,258101.909.66$108,798
Feb 20086,45892.538.77$56,640
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 200720169.066.39$1,284
Jul 20074,99970.906.39$31,933
Jun 20079,73662.007.55$73,492
May 200712,30358.747.85$96,533
Apr 20076,61059.617.81$51,592
Mar 20071,89156.927.30$13,808
Feb 20076,86555.108.22$56,403
Jan 200712,06250.306.73$81,139
Dec 200652756.656.92$3,646
Nov 20062,34354.207.62$17,848
Oct 200619154.906.01$1,149
Sep 20065,33360.085.04$26,863
Aug 20063,94068.717.34$28,919
Jul 20068,08869.376.34$51,300
Jun 20065,27466.286.38$33,669
May 20065,24566.016.42$33,699
Apr 20067,70264.397.36$56,690
Mar 20066,43156.707.08$45,550
Feb 20064,89257.597.75$37,918
Jan 20066,93860.598.93$61,979
Dec 20056,78354.9413.42$90,997
Nov 20056,32854.6910.59$67,003
Oct 20056,56758.3413.80$90,597
Sep 20054,82261.4512.08$58,245
Aug 20055,78361.519.80$56,655
Jul 20056,71555.697.84$52,670
Jun 20057,68052.337.38$56,686
May 20054,89545.226.65$32,557
Apr 20059,69149.207.36$71,330
Mar 200515,17750.377.15$108,590
Feb 200515,03945.226.31$94,925
Jan 200511,45443.166.32$72,414
Dec 200415,21539.866.75$102,718
Nov 200416,91645.286.33$107,085
Oct 200421,29649.706.52$138,746
Sep 200423,22543.245.28$122,719
Aug 200427,10942.375.55$150,473
Jul 200427,73038.286.08$168,714
Jun 200430,81336.106.43$198,221
May 200434,68937.486.49$225,290
Apr 200436,12834.475.86$211,654
Mar 200437,94834.365.53$209,858
Feb 200421,74232.455.51$119,790
Jan 2004032.036.30$0
Dec 2003030.266.30$0
Nov 2003028.804.60$0
Oct 2003028.174.76$0
Sep 2003026.314.75$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                2,013 Mcf  × $  3.05 =     $6,131

────────────────────────────────────────────────────
Month total                                   $6,131

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/201040 is the state's own key, not one this site invented.