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 201481District 09Field 65280200GasSaveExport
Value, all time
$5.8 M
Jan 2003 – May 2026
Value, last 12 filed months
$0
at the published price for each month
Months reported
281
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
GasProduction889,884 Mcf$5,763,446
Total$5,763,446

Every month this lease reported (281)

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

281 months

May 20260106.413.05$0
Apr 2026098.932.87$0
Mar 2026089.753.15$0
Feb 2026063.503.75$0
Jan 2026059.138.00$0
Dec 2025056.664.41$0
Nov 2025058.593.93$0
Oct 2025059.383.30$0
Sep 2025062.743.08$0
Aug 2025063.933.01$0
Jul 2025066.743.32$0
Jun 2025066.483.13$0
May 2025060.553.23$0
Apr 2025062.363.54$0
Mar 2025067.704.27$0
Feb 2025070.884.34$0
Jan 2025074.324.28$0
Dec 2024068.993.12$0
Nov 2024069.052.20$0
Oct 2024071.372.28$0
Sep 2024169.612.36$2
Aug 2024075.632.06$0
Jul 2024079.932.15$0
Jun 2024278.082.63$5
May 2024178.812.20$2
Apr 2024084.451.66$0
Mar 2024280.301.55$3
Feb 2024676.091.78$11
Jan 2024673.023.30$20
Dec 20231271.262.61$31
Nov 2023977.892.81$25
Oct 20231685.443.09$49
Sep 20231289.042.74$33
Aug 2023280.522.67$5
Jul 2023774.852.64$18
Jun 20233068.962.26$68
May 202317970.622.23$399
Apr 202361778.122.24$1,381
Mar 20231,01172.852.39$2,419
Feb 20231,02175.112.47$2,517
Jan 20231,13676.533.39$3,848
Dec 20221,11776.415.73$6,399
Nov 20221,05885.005.65$5,974
Oct 20221,20287.185.86$7,048
Sep 20221,25684.888.16$10,254
Aug 20221,30794.529.13$11,929
Jul 20221,343101.587.54$10,129
Jun 20221,118115.097.98$8,919
May 20221,272109.378.43$10,727
Apr 20221,336104.226.84$9,135
Mar 20221,390108.885.08$7,056
Feb 20221,21191.054.86$5,884
Jan 20221,38781.844.54$6,294
Dec 20211,47971.323.90$5,767
Nov 20211,48077.435.24$7,751
Oct 20211,65679.795.71$9,462
Sep 20211,70469.865.35$9,118
Aug 20211,84066.024.22$7,766
Jul 20211,99570.783.98$7,944
Jun 20211,99069.493.38$6,727
May 20212,36463.483.02$7,134
Apr 20212,10460.362.76$5,804
Mar 202193861.302.72$2,548
Feb 202143557.805.55$2,413
Jan 202178750.412.81$2,212
Dec 202073444.642.68$1,964
Nov 202057638.772.71$1,559
Oct 202042736.972.48$1,058
Sep 202082337.091.99$1,639
Aug 202056739.982.39$1,352
Jul 202058238.371.83$1,062
Jun 202013834.901.69$233
May 202013416.921.81$243
Apr 202011414.751.80$206
Mar 20208230.341.86$152
Feb 20206249.881.98$123
Jan 20208057.252.09$168
Dec 201910459.012.30$240
Nov 201911755.302.75$322
Oct 201914553.472.42$351
Sep 201913455.052.66$356
Aug 201913553.112.30$311
Jul 201914856.272.46$364
Jun 201914252.782.49$354
May 201915558.482.74$425
Apr 201916962.632.75$465
Mar 201920656.803.06$631
Feb 201910950.852.79$304
Jan 201915046.033.23$484
Dec 201814246.594.19$594
Nov 201813952.934.24$589
Oct 201814961.443.40$506
Sep 201816159.543.11$500
Aug 201816559.403.07$506
Jul 201816665.142.93$487
Jun 201815160.183.08$465
May 201813965.382.90$403
Apr 201812163.842.90$351
Mar 201810961.222.79$304
Feb 20189561.782.77$263
Jan 20188862.874.01$353
Dec 20178157.272.92$237
Nov 20176655.423.12$206
Oct 20175949.292.98$176
Sep 20179747.523.09$299
Aug 201710645.373.00$318
Jul 201710443.873.09$321
Jun 201712942.493.09$398
May 201713745.373.26$447
Apr 201712247.933.21$392
Mar 201713446.772.98$400
Feb 201713550.452.95$399
Jan 201716749.413.42$571
Dec 201617948.763.72$666
Nov 201618842.492.64$497
Oct 201620746.193.09$640
Sep 201620741.553.10$642
Aug 201629141.442.92$851
Jul 201636841.622.92$1,076
Jun 201654745.352.69$1,469
May 20161,15442.521.99$2,298
Apr 20161,44536.561.99$2,877
Mar 20161,74333.011.79$3,127
Feb 20161,68726.472.06$3,481
Jan 20161,87227.352.36$4,426
Dec 20151,96032.362.00$3,923
Nov 20151,91938.792.17$4,159
Oct 20151,99843.552.43$4,848
Sep 20152,09142.992.76$5,768
Aug 20152,19340.162.87$6,299
Jul 201542748.152.95$1,258
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 2011083.404.15$0
Jul 2011094.144.52$0
Jun 20111,21792.904.64$5,647
May 20114,09898.134.40$18,051
Apr 20113,862105.964.33$16,735
Mar 20114,22296.364.06$17,130
Feb 20113,48285.644.18$14,555
Jan 20113,72586.504.59$17,093
Dec 20103,65685.734.35$15,895
Nov 20103,39580.843.80$12,885
Oct 20103,89578.103.51$13,667
Sep 20103,92172.633.98$15,604
Aug 20104,11173.684.42$18,168
Jul 20104,04172.554.74$19,140
Jun 20103,99770.364.91$19,627
May 20103,65271.124.24$15,467
Apr 20103,77881.694.12$15,576
Mar 20103,99378.394.39$17,524
Feb 20103,54473.585.44$19,288
Jan 20104,07674.365.96$24,310
Dec 20094,02271.445.48$22,056
Nov 20094,22974.593.75$15,865
Oct 20094,43372.544.11$18,221
Sep 20093,51865.543.06$10,782
Aug 20093,41167.423.22$10,978
Jul 20095,22961.133.46$18,116
Jun 20094,17366.163.90$16,254
May 20094,07554.743.93$15,997
Apr 20094,66546.773.59$16,736
Mar 20094,97542.144.06$20,194
Feb 20094,67532.814.63$21,659
Jan 20095,36435.865.37$28,810
Dec 20085,31337.105.98$31,757
Nov 20085,26055.496.86$36,085
Oct 20085,72175.246.92$39,601
Sep 20085,939101.767.88$46,782
Aug 20085,722114.228.48$48,540
Jul 20086,183131.0811.39$70,421
Jun 20084,114131.3313.03$53,616
May 20082,958123.1711.57$34,237
Apr 20081,510110.3110.45$15,787
Mar 20082,819101.909.66$27,243
Feb 20082,22892.538.77$19,541
Jan 20083,20990.388.21$26,332
Dec 20074,81088.337.30$35,122
Nov 20075,37891.677.29$39,215
Oct 20075,55182.856.92$38,424
Sep 20075,67375.846.24$35,423
Aug 20075,83169.066.39$37,248
Jul 20075,52670.906.39$35,300
Jun 20076,05962.007.55$45,736
May 20076,63158.747.85$52,029
Apr 20076,64059.617.81$51,827
Mar 20076,43656.927.30$46,995
Feb 20076,63655.108.22$54,521
Jan 20077,50450.306.73$50,478
Dec 20067,97156.656.92$55,147
Nov 20067,86654.207.62$59,919
Oct 20068,00954.906.01$48,165
Sep 20067,26660.085.04$36,600
Aug 20067,48068.717.34$54,903
Jul 20067,79469.376.34$49,435
Jun 20068,04766.286.38$51,371
May 20069,18566.016.42$59,014
Apr 20069,18164.397.36$67,577
Mar 20069,13656.707.08$64,710
Feb 20068,27257.597.75$64,117
Jan 20069,43860.598.93$84,313
Dec 200510,25954.9413.42$137,629
Nov 200510,62554.6910.59$112,502
Oct 200510,79058.3413.80$148,856
Sep 20059,82761.4512.08$118,700
Aug 200514,30861.519.80$140,173
Jul 200515,34655.697.84$120,369
Jun 200515,23052.337.38$112,413
May 200516,45145.226.65$109,418
Apr 200514,72949.207.36$108,413
Mar 200520,21650.377.15$144,643
Feb 200521,04945.226.31$132,860
Jan 200514,00443.166.32$88,536
Dec 200422,38539.866.75$151,123
Nov 200423,12545.286.33$146,391
Oct 200424,16849.706.52$157,457
Sep 200425,51943.245.28$134,840
Aug 200428,87542.375.55$160,275
Jul 200432,40238.286.08$197,140
Jun 200433,51436.106.43$215,596
May 200433,82137.486.49$219,653
Apr 200430,18034.475.86$176,808
Mar 200428,30234.365.53$156,514
Feb 200424,71932.455.51$136,192
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
Aug 2003029.765.13$0
Jul 2003029.415.17$0
Jun 2003028.565.98$0
May 2003026.595.97$0
Apr 2003026.675.41$0
Mar 2003031.146.10$0
Feb 2003033.487.93$0
Jan 2003030.315.58$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.

Sep 2024 — as filed, then multipliedworked
Gas                    1 Mcf  × $  2.36 =         $2

────────────────────────────────────────────────────
Month total                                       $2

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/201481 is the state's own key, not one this site invented.