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 202211District 09Field 65280200CondensateGasSaveExport
Value, all time
$7.8 M
Oct 2003 – May 2026
Value, last 12 filed months
$37 k
at the published price for each month
Months reported
272
no gaps in the span
Streams
2
condensate, 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
CondensateDisposition1 bbl$71
GasProduction1,382,860 Mcf$7,846,758
Total$7,846,829

Every month this lease reported (272)

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

272 months

May 202601,209106.413.05$3,682
Apr 202601,00698.932.87$2,887
Mar 202601,28989.753.15$4,060
Feb 20260063.503.75$0
Jan 20260059.138.00$0
Dec 202501,01156.664.41$4,462
Nov 2025091258.593.93$3,581
Oct 202501,03959.383.30$3,434
Sep 202501,03962.743.08$3,197
Aug 202501,17363.933.01$3,536
Jul 202501,21966.743.32$4,041
Jun 202501,17866.483.13$3,686
May 202501,22560.553.23$3,960
Apr 202501,18562.363.54$4,199
Mar 2025011767.704.27$499
Feb 2025010970.884.34$473
Jan 202501,34874.324.28$5,768
Dec 202401,17868.993.12$3,677
Nov 202401,17369.052.20$2,579
Oct 202401,22271.372.28$2,788
Sep 202401,24969.612.36$2,953
Aug 202401,32875.632.06$2,741
Jul 202401,33379.932.15$2,861
Jun 202401,30678.082.63$3,440
May 202401,32778.812.20$2,917
Apr 202401,49084.451.66$2,472
Mar 202401,54580.301.55$2,387
Feb 202401,31476.091.78$2,344
Jan 202401,20873.023.30$3,984
Dec 202301,21871.262.61$3,180
Nov 202301,26777.892.81$3,557
Oct 202301,27685.443.09$3,939
Sep 202301,18589.042.74$3,241
Aug 202301,44380.522.67$3,857
Jul 202301,63874.852.64$4,327
Jun 202301,53868.962.26$3,474
May 202301,67970.622.23$3,740
Apr 202301,47578.122.24$3,301
Mar 202301,40172.852.39$3,353
Feb 202301,32475.112.47$3,265
Jan 202301,74976.533.39$5,925
Dec 202202,01976.415.73$11,567
Nov 2022023985.005.65$1,349
Oct 2022094487.185.86$5,535
Sep 2022097284.888.16$7,935
Aug 202201,15594.529.13$10,542
Jul 202201,446101.587.54$10,906
Jun 202201,841115.097.98$14,686
May 202201,528109.378.43$12,886
Apr 202201,305104.226.84$8,923
Mar 202201,455108.885.08$7,386
Feb 202201,23391.054.86$5,991
Jan 202201,39581.844.54$6,330
Dec 202101,51871.323.90$5,919
Nov 202101,47577.435.24$7,724
Oct 202101,54979.795.71$8,851
Sep 202101,52769.865.35$8,171
Aug 202101,64066.024.22$6,922
Jul 202101,58470.783.98$6,308
Jun 202101,57369.493.38$5,318
May 202101,66863.483.02$5,033
Apr 202101,58960.362.76$4,383
Mar 202101,67261.302.72$4,543
Feb 202101,02757.805.55$5,698
Jan 202101,39850.412.81$3,929
Dec 202001,46744.642.68$3,925
Nov 202001,59138.772.71$4,306
Oct 202001,63636.972.48$4,055
Sep 202001,65437.091.99$3,293
Aug 202001,73739.982.39$4,143
Jul 202001,70638.371.83$3,114
Jun 202001,73834.901.69$2,938
May 202001,76316.921.81$3,199
Apr 202001,68414.751.80$3,039
Mar 202001,87830.341.86$3,486
Feb 202001,73349.881.98$3,433
Jan 202001,82857.252.09$3,829
Dec 201901,82359.012.30$4,201
Nov 201901,80455.302.75$4,962
Oct 201901,78953.472.42$4,327
Sep 201901,83455.052.66$4,873
Aug 201901,91353.112.30$4,408
Jul 201901,89756.272.46$4,667
Jun 201901,87652.782.49$4,673
May 201901,94758.482.74$5,335
Apr 201901,86662.632.75$5,133
Mar 201901,92156.803.06$5,882
Feb 201901,70150.852.79$4,750
Jan 201901,93046.033.23$6,230
Dec 201802,17346.594.19$9,095
Nov 201801,58752.934.24$6,725
Oct 201801,83661.443.40$6,239
Sep 201801,76559.543.11$5,486
Aug 201801,95659.403.07$5,998
Jul 201802,03565.142.93$5,966
Jun 201801,99060.183.08$6,123
May 201801,81165.382.90$5,253
Apr 201801,64463.842.90$4,769
Mar 201801,67361.222.79$4,662
Feb 201801,41861.782.77$3,922
Jan 201801,57662.874.01$6,319
Dec 201701,62757.272.92$4,753
Nov 201701,93155.423.12$6,022
Oct 201701,37849.292.98$4,112
Sep 201701,78247.523.09$5,502
Aug 201702,18345.373.00$6,559
Jul 201702,33043.873.09$7,193
Jun 201702,33242.493.09$7,200
May 201702,33645.373.26$7,623
Apr 201702,31147.933.21$7,422
Mar 201702,37346.772.98$7,080
Feb 201702,22350.452.95$6,564
Jan 201702,43149.413.42$8,311
Dec 201602,44848.763.72$9,113
Nov 201602,51542.492.64$6,651
Oct 201602,71746.193.09$8,396
Sep 201602,69641.553.10$8,359
Aug 201602,86441.442.92$8,375
Jul 201602,90641.622.92$8,498
Jun 201602,95945.352.69$7,947
May 201603,05742.521.99$6,087
Apr 201602,98036.561.99$5,933
Mar 201602,94533.011.79$5,283
Feb 201602,59826.472.06$5,361
Jan 201602,89927.352.36$6,854
Dec 201502,81932.362.00$5,642
Nov 201502,96438.792.17$6,424
Oct 201503,25943.552.43$7,908
Sep 201503,21942.992.76$8,879
Aug 201503,42340.162.87$9,833
Jul 201503,36748.152.95$9,916
Jun 201503,27656.152.88$9,444
May 201503,20455.212.96$9,469
Apr 201503,26949.822.71$8,848
Mar 201503,22042.892.93$9,450
Feb 201502,78444.662.98$8,286
Jan 201503,11443.433.10$9,655
Dec 201403,37454.693.59$12,117
Nov 201403,18770.464.25$13,551
Oct 201403,51378.303.90$13,704
Sep 201403,44886.164.05$13,949
Aug 201403,71289.394.04$14,978
Jul 201403,60096.564.18$15,047
Jun 201403,70398.164.74$17,541
May 201403,67094.734.73$17,346
Apr 201403,48295.944.81$16,745
Mar 201403,60995.895.06$18,250
Feb 201403,07197.406.19$19,016
Jan 201403,06390.404.86$14,888
Dec 201303,21191.824.35$13,982
Nov 201304,00788.853.74$14,979
Oct 201304,14097.423.78$15,647
Sep 201304,376104.113.72$16,269
Aug 201304,414104.253.52$15,549
Jul 201303,335102.523.72$12,399
Jun 201304,01094.403.93$15,773
May 201304,25594.834.15$17,654
Apr 201304,29793.964.28$18,402
Mar 201304,19293.623.91$16,403
Feb 201303,95091.233.42$13,509
Jan 201304,27391.603.42$14,613
Dec 201204,42286.773.42$15,124
Nov 201204,32386.953.62$15,671
Oct 201204,60589.383.40$15,656
Sep 201204,31394.672.92$12,587
Aug 201204,54792.662.91$13,223
Jul 201204,51585.133.02$13,639
Jun 201204,34479.822.52$10,943
May 201204,57791.612.49$11,389
Apr 201204,864101.652.00$9,712
Mar 201204,710105.052.22$10,466
Feb 201204,194101.102.57$10,780
Jan 201204,55398.092.73$12,448
Dec 201104,67796.873.24$15,152
Nov 201104,82895.723.31$15,987
Oct 201105,18084.983.65$18,899
Sep 201104,75183.623.99$18,937
Aug 201104,81383.404.15$19,971
Jul 201104,99294.144.52$22,550
Jun 201104,86092.904.64$22,550
May 201104,97598.134.40$21,914
Apr 201104,804105.964.33$20,817
Mar 201104,87796.364.06$19,788
Feb 201104,13485.644.18$17,280
Jan 201104,90286.504.59$22,494
Dec 201004,79985.734.35$20,865
Nov 201004,72380.843.80$17,925
Oct 201005,14178.103.51$18,039
Sep 201005,06672.633.98$20,160
Aug 201005,29773.684.42$23,409
Jul 201005,37372.554.74$25,449
Jun 201005,16870.364.91$25,377
May 201015,52271.124.24$23,458
Apr 201005,38281.694.12$22,188
Mar 201005,51678.394.39$24,208
Feb 201004,93073.585.44$26,831
Jan 201005,68774.365.96$33,918
Dec 200906,40871.445.48$35,140
Nov 200907,05174.593.75$26,452
Oct 200902,55572.544.11$10,502
Sep 200905,92965.543.06$18,171
Aug 200906,07667.423.22$19,556
Jul 200906,18861.133.46$21,438
Jun 200905,91266.163.90$23,027
May 200906,35654.743.93$24,952
Apr 200906,08246.773.59$21,819
Mar 200906,49442.144.06$26,359
Feb 200905,78132.814.63$26,783
Jan 200906,67735.865.37$35,862
Dec 200806,83337.105.98$40,842
Nov 200806,58855.496.86$45,196
Oct 200807,38675.246.92$51,126
Sep 200807,480101.767.88$58,921
Aug 200807,841114.228.48$66,515
Jul 200807,228131.0811.39$82,323
Jun 200804,475131.3313.03$58,321
May 200806,209123.1711.57$71,865
Apr 200806,230110.3110.45$65,134
Mar 200807,098101.909.66$68,596
Feb 200807,56692.538.77$66,358
Jan 200809,12490.388.21$74,869
Dec 2007010,15288.337.30$74,130
Nov 200709,53091.677.29$69,490
Oct 200709,91282.856.92$68,611
Sep 200709,92575.846.24$61,973
Aug 200709,91269.066.39$63,317
Jul 200709,90870.906.39$63,292
Jun 200709,19462.007.55$69,400
May 200709,19558.747.85$72,147
Apr 200708,03159.617.81$62,684
Mar 200709,11056.927.30$66,521
Feb 200708,48155.108.22$69,680
Jan 200709,68750.306.73$65,163
Dec 2006010,25256.656.92$70,928
Nov 200609,32354.207.62$71,018
Oct 200609,63054.906.01$57,913
Sep 200609,19060.085.04$46,292
Aug 200609,62368.717.34$70,632
Jul 2006010,17869.376.34$64,557
Jun 200609,69066.286.38$61,860
May 2006010,21766.016.42$65,644
Apr 2006010,14364.397.36$74,657
Mar 2006010,71456.707.08$75,886
Feb 200609,91857.597.75$76,876
Jan 2006011,73660.598.93$104,841
Dec 2005011,22354.9413.42$150,561
Nov 2005014,27254.6910.59$151,118
Oct 2005011,95058.3413.80$164,859
Sep 2005012,72561.4512.08$153,705
Aug 2005013,01961.519.80$127,545
Jul 2005014,15255.697.84$111,003
Jun 2005014,26452.337.38$105,283
May 2005013,92845.226.65$92,637
Apr 2005013,16349.207.36$96,886
Mar 2005013,30350.377.15$95,181
Feb 2005013,23145.226.31$83,513
Jan 2005017,81943.166.32$112,655
Dec 2004017,31939.866.75$116,922
Nov 2004024,83745.286.33$157,229
Oct 2004017,64649.706.52$114,965
Sep 2004018243.245.28$962
Aug 2004019,01142.375.55$105,524
Jul 2004020,17438.286.08$122,742
Jun 2004019,79636.106.43$127,348
May 2004021,46737.486.49$139,419
Apr 2004025,17034.475.86$147,457
Mar 2004024,31134.365.53$134,443
Feb 2004028,72932.455.51$158,286
Jan 2004033,79932.036.30$212,922
Dec 2003032,02830.266.30$201,829
Nov 2003031,30928.804.60$143,870
Oct 200307,96328.174.76$37,901

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
Condensate             0 bbl  × $106.41 =         $0
Gas                1,209 Mcf  × $  3.05 =     $3,682

────────────────────────────────────────────────────
Month total                                   $3,682

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/202211 is the state's own key, not one this site invented.