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 201478District 09Field 65280200GasSaveExport
Value, all time
$4.3 M
Nov 2003 – May 2026
Value, last 12 filed months
$10 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
GasProduction757,059 Mcf$4,303,446
Total$4,303,446

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 20260106.413.05$0
Apr 2026098.932.87$0
Mar 20262289.753.15$69
Feb 2026063.503.75$0
Jan 2026059.138.00$0
Dec 202536156.664.41$1,593
Nov 202537758.593.93$1,480
Oct 202539659.383.30$1,309
Sep 202540562.743.08$1,246
Aug 202543263.933.01$1,302
Jul 202545266.743.32$1,498
Jun 202543866.483.13$1,370
May 202545260.553.23$1,461
Apr 202543062.363.54$1,524
Mar 202544667.704.27$1,904
Feb 202539170.884.34$1,697
Jan 202541674.324.28$1,780
Dec 202444368.993.12$1,383
Nov 202443869.052.20$963
Oct 202445671.372.28$1,040
Sep 202445169.612.36$1,066
Aug 202449475.632.06$1,019
Jul 202446479.932.15$996
Jun 202449178.082.63$1,293
May 202451178.812.20$1,123
Apr 202449184.451.66$815
Mar 202451380.301.55$793
Feb 202451376.091.78$915
Jan 202441473.023.30$1,365
Dec 202347971.262.61$1,251
Nov 202346977.892.81$1,317
Oct 202347485.443.09$1,463
Sep 202352089.042.74$1,422
Aug 202371580.522.67$1,911
Jul 20231,01074.852.64$2,668
Jun 202382168.962.26$1,854
May 202379870.622.23$1,777
Apr 202377078.122.24$1,723
Mar 202378072.852.39$1,867
Feb 202367775.112.47$1,669
Jan 202373176.533.39$2,476
Dec 202268176.415.73$3,902
Nov 202268885.005.65$3,885
Oct 202278587.185.86$4,603
Sep 202280784.888.16$6,588
Aug 202284794.529.13$7,731
Jul 2022859101.587.54$6,479
Jun 2022809115.097.98$6,454
May 2022809109.378.43$6,822
Apr 2022763104.226.84$5,217
Mar 2022781108.885.08$3,965
Feb 202262791.054.86$3,046
Jan 202273081.844.54$3,313
Dec 202152971.323.90$2,063
Nov 202148177.435.24$2,519
Oct 202154079.795.71$3,085
Sep 202160169.865.35$3,216
Aug 202176166.024.22$3,212
Jul 202176570.783.98$3,046
Jun 202178769.493.38$2,661
May 202184563.483.02$2,550
Apr 202181360.362.76$2,243
Mar 202183361.302.72$2,263
Feb 202161057.805.55$3,384
Jan 202178650.412.81$2,209
Dec 202072744.642.68$1,945
Nov 202074238.772.71$2,008
Oct 202077836.972.48$1,928
Sep 202076737.091.99$1,527
Aug 202081339.982.39$1,939
Jul 202082338.371.83$1,502
Jun 202079634.901.69$1,345
May 202084416.921.81$1,532
Apr 202079314.751.80$1,431
Mar 202084530.341.86$1,569
Feb 202085449.881.98$1,691
Jan 202079157.252.09$1,657
Dec 201975259.012.30$1,733
Nov 201974155.302.75$2,038
Oct 201982553.472.42$1,995
Sep 201987455.052.66$2,322
Aug 201992953.112.30$2,141
Jul 201995356.272.46$2,344
Jun 201991552.782.49$2,279
May 201998558.482.74$2,699
Apr 201997162.632.75$2,671
Mar 20191,03856.803.06$3,178
Feb 201998450.852.79$2,748
Jan 20191,01346.033.23$3,270
Dec 20181,02146.594.19$4,273
Nov 20181,10152.934.24$4,665
Oct 201886361.443.40$2,933
Sep 201892759.543.11$2,881
Aug 20181,02759.403.07$3,149
Jul 20181,13265.142.93$3,319
Jun 20181,15360.183.08$3,548
May 20181,14165.382.90$3,310
Apr 20181,09563.842.90$3,176
Mar 20181,16361.222.79$3,241
Feb 201899961.782.77$2,763
Jan 20181,11562.874.01$4,470
Dec 20171,11557.272.92$3,257
Nov 20171,11755.423.12$3,483
Oct 20171,25149.292.98$3,733
Sep 20171,27747.523.09$3,942
Aug 20171,34745.373.00$4,047
Jul 20171,40743.873.09$4,344
Jun 20171,64242.493.09$5,069
May 20171,71245.373.26$5,587
Apr 20171,68847.933.21$5,421
Mar 20171,76846.772.98$5,275
Feb 20171,62050.452.95$4,783
Jan 20171,86649.413.42$6,379
Dec 20161,82848.763.72$6,805
Nov 20161,75942.492.64$4,651
Oct 20161,87646.193.09$5,797
Sep 20161,85641.553.10$5,755
Aug 20161,95341.442.92$5,711
Jul 20161,89741.622.92$5,547
Jun 20161,84645.352.69$4,958
May 20161,88542.521.99$3,753
Apr 20161,90036.561.99$3,783
Mar 20162,07333.011.79$3,719
Feb 20161,97626.472.06$4,078
Jan 20161,73527.352.36$4,102
Dec 20152,29932.362.00$4,601
Nov 20152,25038.792.17$4,876
Oct 20151,98143.552.43$4,807
Sep 20151,96942.992.76$5,431
Aug 20152,05940.162.87$5,914
Jul 20152,01848.152.95$5,943
Jun 20151,95156.152.88$5,624
May 20152,03955.212.96$6,026
Apr 20151,98449.822.71$5,370
Mar 20152,19642.892.93$6,445
Feb 20152,12644.662.98$6,327
Jan 20152,81743.433.10$8,734
Dec 20142,37454.693.59$8,526
Nov 20142,38070.464.25$10,119
Oct 20142,27078.303.90$8,855
Sep 20142,40586.164.05$9,729
Aug 20142,52989.394.04$10,205
Jul 20142,50096.564.18$10,449
Jun 20142,48698.164.74$11,776
May 20142,67994.734.73$12,662
Apr 20142,56295.944.81$12,321
Mar 20142,59095.895.06$13,097
Feb 20142,54297.406.19$15,740
Jan 20142,82190.404.86$13,712
Dec 20132,76191.824.35$12,023
Nov 20132,97088.853.74$11,103
Oct 20133,30897.423.78$12,502
Sep 20133,335104.113.72$12,399
Aug 20131,849104.253.52$6,513
Jul 20131,649102.523.72$6,131
Jun 20131,56494.403.93$6,152
May 20131,70494.834.15$7,070
Apr 20131,71093.964.28$7,323
Mar 20131,76793.623.91$6,914
Feb 20131,59691.233.42$5,458
Jan 20131,89191.603.42$6,467
Dec 20121,79986.773.42$6,153
Nov 20121,79886.953.62$6,518
Oct 20121,96589.383.40$6,680
Sep 20121,92494.672.92$5,615
Aug 20121,98492.662.91$5,770
Jul 20121,98485.133.02$5,993
Jun 20121,92079.822.52$4,837
May 20121,98491.612.49$4,937
Apr 20122,006101.652.00$4,006
Mar 20122,158105.052.22$4,795
Feb 20121,927101.102.57$4,953
Jan 20122,09798.092.73$5,733
Dec 20111,98596.873.24$6,431
Nov 20112,02095.723.31$6,689
Oct 20112,08184.983.65$7,593
Sep 20111,98383.623.99$7,904
Aug 20112,16183.404.15$8,967
Jul 20112,36294.144.52$10,670
Jun 20112,37492.904.64$11,015
May 20112,33898.134.40$10,298
Apr 20111,985105.964.33$8,602
Mar 20112,06096.364.06$8,358
Feb 20111,80785.644.18$7,553
Jan 20112,11386.504.59$9,696
Dec 20102,25285.734.35$9,791
Nov 20102,35680.843.80$8,942
Oct 20102,56278.103.51$8,990
Sep 20102,58772.633.98$10,295
Aug 20102,94973.684.42$13,033
Jul 20103,90872.554.74$18,510
Jun 20101,81970.364.91$8,932
May 20102,64871.124.24$11,215
Apr 20102,67381.694.12$11,020
Mar 20102,89378.394.39$12,696
Feb 20102,74673.585.44$14,945
Jan 20102,78574.365.96$16,610
Dec 20092,82371.445.48$15,481
Nov 20093,02974.593.75$11,363
Oct 20093,00772.544.11$12,360
Sep 20093,02365.543.06$9,265
Aug 20093,23367.423.22$10,405
Jul 20093,28661.133.46$11,384
Jun 20093,27866.163.90$12,768
May 20093,48154.743.93$13,666
Apr 20093,32846.773.59$11,939
Mar 20093,54742.144.06$14,397
Feb 20093,17832.814.63$14,724
Jan 20094,02835.865.37$21,634
Dec 20084,00037.105.98$23,909
Nov 20084,06955.496.86$27,915
Oct 20084,29075.246.92$29,695
Sep 20084,296101.767.88$33,840
Aug 20084,644114.228.48$39,395
Jul 20084,714131.0811.39$53,690
Jun 20082,653131.3313.03$34,576
May 20084,057123.1711.57$46,957
Apr 20083,865110.3110.45$40,408
Mar 20084,794101.909.66$46,330
Feb 20084,76892.538.77$41,818
Jan 20085,49990.388.21$45,123
Dec 20075,35088.337.30$39,066
Nov 20074,73491.677.29$34,519
Oct 20074,96082.856.92$34,333
Sep 20074,87975.846.24$30,465
Aug 20074,78169.066.39$30,541
Jul 20074,48470.906.39$28,644
Jun 20074,11062.007.55$31,024
May 20074,11658.747.85$32,295
Apr 20073,92159.617.81$30,604
Mar 20073,72256.927.30$27,178
Feb 20073,07755.108.22$25,281
Jan 20073,26050.306.73$21,930
Dec 20063,36056.656.92$23,246
Nov 20063,46754.207.62$26,410
Oct 20063,72154.906.01$22,377
Sep 20063,61860.085.04$18,225
Aug 20063,76868.717.34$27,657
Jul 20063,76969.376.34$23,906
Jun 20063,70666.286.38$23,659
May 20064,09066.016.42$26,278
Apr 20064,24764.397.36$31,260
Mar 20064,56256.707.08$32,312
Feb 20064,37057.597.75$33,872
Jan 20065,14960.598.93$45,998
Dec 20055,30654.9413.42$71,182
Nov 20055,55754.6910.59$58,840
Oct 20056,28758.3413.80$86,734
Sep 20056,64161.4512.08$80,217
Aug 20057,54661.519.80$73,927
Jul 20057,59955.697.84$59,604
Jun 20057,03952.337.38$51,955
May 20057,56345.226.65$50,303
Apr 20058,27849.207.36$60,930
Mar 20059,48850.377.15$67,886
Feb 200511,92545.226.31$75,270
Jan 200583543.166.32$5,279
Dec 20049,91539.866.75$66,937
Nov 200410,40445.286.33$65,862
Oct 200411,54449.706.52$75,210
Sep 200413,13943.245.28$69,425
Aug 200414,37042.375.55$79,763
Jul 200414,70638.286.08$89,474
Jun 200416,59336.106.43$106,743
May 200423,45437.486.49$152,324
Apr 200421,71334.475.86$127,205
Mar 200421,79834.365.53$120,546
Feb 200424,10732.455.51$132,820
Jan 200428,05532.036.30$176,736
Dec 2003030.266.30$0
Nov 2003028.804.60$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.

Mar 2026 — as filed, then multipliedworked
Gas                   22 Mcf  × $  3.15 =        $69

────────────────────────────────────────────────────
Month total                                      $69

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/201478 is the state's own key, not one this site invented.