BONDS RANCH "A"

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 202213District 09Field 65280200CondensateGasSaveExport
Value, all time
$10.1 M
Dec 2003 – May 2026
Value, last 12 filed months
$0
at the published price for each month
Months reported
270
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
CondensateDisposition35 bbl$2,628
GasProduction1,421,702 Mcf$10,047,430
Total$10,050,058

Every month this lease reported (270)

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

270 months

May 202600106.413.05$0
Apr 20260098.932.87$0
Mar 20260089.753.15$0
Feb 20260063.503.75$0
Jan 20260059.138.00$0
Dec 20250056.664.41$0
Nov 20250058.593.93$0
Oct 20250059.383.30$0
Sep 20250062.743.08$0
Aug 20250063.933.01$0
Jul 20250066.743.32$0
Jun 20250066.483.13$0
May 20250060.553.23$0
Apr 20250062.363.54$0
Mar 20250067.704.27$0
Feb 20250070.884.34$0
Jan 20250074.324.28$0
Dec 20240068.993.12$0
Nov 20240069.052.20$0
Oct 20240071.372.28$0
Sep 20240069.612.36$0
Aug 20240075.632.06$0
Jul 20240079.932.15$0
Jun 20240078.082.63$0
May 20240078.812.20$0
Apr 20240084.451.66$0
Mar 20240080.301.55$0
Feb 20240076.091.78$0
Jan 20240073.023.30$0
Dec 20230071.262.61$0
Nov 20230077.892.81$0
Oct 20230285.443.09$6
Sep 20230589.042.74$14
Aug 2023016480.522.67$438
Jul 2023037774.852.64$996
Jun 2023022968.962.26$517
May 20230470.622.23$9
Apr 20230078.122.24$0
Mar 20230072.852.39$0
Feb 20230075.112.47$0
Jan 20230076.533.39$0
Dec 20220076.415.73$0
Nov 20220085.005.65$0
Oct 20220087.185.86$0
Sep 20220184.888.16$8
Aug 20220094.529.13$0
Jul 202200101.587.54$0
Jun 202201115.097.98$8
May 202200109.378.43$0
Apr 202200104.226.84$0
Mar 202200108.885.08$0
Feb 20220091.054.86$0
Jan 20220081.844.54$0
Dec 20210071.323.90$0
Nov 20210077.435.24$0
Oct 20210079.795.71$0
Sep 20210069.865.35$0
Aug 20210066.024.22$0
Jul 20210070.783.98$0
Jun 20210069.493.38$0
May 20210063.483.02$0
Apr 20210060.362.76$0
Mar 20210061.302.72$0
Feb 20210057.805.55$0
Jan 20210050.412.81$0
Dec 20200044.642.68$0
Nov 20200038.772.71$0
Oct 20200036.972.48$0
Sep 20200037.091.99$0
Aug 20200039.982.39$0
Jul 20200038.371.83$0
Jun 20200034.901.69$0
May 20200016.921.81$0
Apr 20200014.751.80$0
Mar 20200030.341.86$0
Feb 20200049.881.98$0
Jan 20200057.252.09$0
Dec 20190059.012.30$0
Nov 20190055.302.75$0
Oct 20190053.472.42$0
Sep 20190055.052.66$0
Aug 20190053.112.30$0
Jul 20190056.272.46$0
Jun 20190052.782.49$0
May 20190058.482.74$0
Apr 201903962.632.75$107
Mar 20190056.803.06$0
Feb 20190050.852.79$0
Jan 20190346.033.23$10
Dec 20180046.594.19$0
Nov 201803552.934.24$148
Oct 20180061.443.40$0
Sep 20180059.543.11$0
Aug 20180059.403.07$0
Jul 201801965.142.93$56
Jun 20180060.183.08$0
May 20180065.382.90$0
Apr 201803063.842.90$87
Mar 20180061.222.79$0
Feb 20180061.782.77$0
Jan 201802262.874.01$88
Dec 20170057.272.92$0
Nov 20170055.423.12$0
Oct 201702949.292.98$87
Sep 20170047.523.09$0
Aug 20170045.373.00$0
Jul 201702643.873.09$80
Jun 20170042.493.09$0
May 201702345.373.26$75
Apr 20170047.933.21$0
Mar 20170046.772.98$0
Feb 201702850.452.95$83
Jan 20170049.413.42$0
Dec 20160048.763.72$0
Nov 201602942.492.64$77
Oct 20160046.193.09$0
Sep 20160041.553.10$0
Aug 201602241.442.92$64
Jul 20160041.622.92$0
Jun 20160045.352.69$0
May 20160042.521.99$0
Apr 201602336.561.99$46
Mar 20160033.011.79$0
Feb 20160026.472.06$0
Jan 20160027.352.36$0
Dec 20150032.362.00$0
Nov 20150038.792.17$0
Oct 20150043.552.43$0
Sep 20150042.992.76$0
Aug 201501240.162.87$34
Jul 20150048.152.95$0
Jun 20150056.152.88$0
May 201503455.212.96$100
Apr 20150049.822.71$0
Mar 20150042.892.93$0
Feb 20150044.662.98$0
Jan 20150043.433.10$0
Dec 201403854.693.59$136
Nov 20140070.464.25$0
Oct 20140078.303.90$0
Sep 20140586.164.05$20
Aug 20140089.394.04$0
Jul 20140096.564.18$0
Jun 20140298.164.74$9
May 20140394.734.73$14
Apr 20140295.944.81$10
Mar 20140095.895.06$0
Feb 20140097.406.19$0
Jan 201405890.404.86$282
Dec 201301391.824.35$57
Nov 20130988.853.74$34
Oct 20130097.423.78$0
Sep 201306104.113.72$22
Aug 201305104.253.52$18
Jul 2013038102.523.72$141
Jun 201301894.403.93$71
May 20130094.834.15$0
Apr 20130093.964.28$0
Mar 20130093.623.91$0
Feb 20130091.233.42$0
Jan 20130091.603.42$0
Dec 20120086.773.42$0
Nov 20120086.953.62$0
Oct 20120089.383.40$0
Sep 20120094.672.92$0
Aug 20120092.662.91$0
Jul 20120085.133.02$0
Jun 20120079.822.52$0
May 20120091.612.49$0
Apr 201200101.652.00$0
Mar 201200105.052.22$0
Feb 201200101.102.57$0
Jan 20120098.092.73$0
Dec 20110096.873.24$0
Nov 20110095.723.31$0
Oct 20110084.983.65$0
Sep 20110083.623.99$0
Aug 20110083.404.15$0
Jul 20110094.144.52$0
Jun 20110092.904.64$0
May 20110098.134.40$0
Apr 201100105.964.33$0
Mar 20110096.364.06$0
Feb 20110085.644.18$0
Jan 2011027886.504.59$1,276
Dec 20100485.734.35$17
Nov 201005780.843.80$216
Oct 201004078.103.51$140
Sep 201001372.633.98$52
Aug 20100073.684.42$0
Jul 201008272.554.74$388
Jun 201007970.364.91$388
May 20104471.124.24$301
Apr 2010141581.694.12$1,206
Mar 201031,86478.394.39$8,416
Feb 201002,91173.585.44$15,843
Jan 201003,94874.365.96$23,546
Dec 200983,56771.445.48$20,132
Nov 20090074.593.75$0
Oct 20090872.544.11$33
Sep 2009661065.543.06$2,263
Aug 2009074367.423.22$2,391
Jul 2009019161.133.46$662
Jun 200903,22766.163.90$12,569
May 200906,02854.743.93$23,664
Apr 200909,08446.773.59$32,589
Mar 200909,92842.144.06$40,298
Feb 2009010,44732.814.63$48,401
Jan 2009017,29135.865.37$92,870
Dec 2008014,75837.105.98$88,211
Nov 20080055.496.86$0
Oct 20080075.246.92$0
Sep 200800101.767.88$0
Aug 200800114.228.48$0
Jul 200800131.0811.39$0
Jun 200800131.3313.03$0
May 200800123.1711.57$0
Apr 200800110.3110.45$0
Mar 200800101.909.66$0
Feb 20080092.538.77$0
Jan 20080090.388.21$0
Dec 20070188.337.30$7
Nov 200707091.677.29$510
Oct 2007014,96482.856.92$103,581
Sep 2007020,19775.846.24$126,113
Aug 2007020,21869.066.39$129,151
Jul 2007020,03970.906.39$128,008
Jun 2007018,94362.007.55$142,990
May 2007021,26558.747.85$166,851
Apr 2007018,90559.617.81$147,557
Mar 2007022,11056.927.30$161,447
Feb 2007010,12855.108.22$83,212
Jan 2007019,93850.306.73$134,120
Dec 2006021,26956.656.92$147,148
Nov 2006021,58654.207.62$164,431
Oct 2006024,82154.906.01$149,269
Sep 2006019,99460.085.04$100,714
Aug 2006022,14368.717.34$162,528
Jul 2006022,97469.376.34$145,719
Jun 2006021,31366.286.38$136,060
May 2006024,17166.016.42$155,299
Apr 2006027,29064.397.36$200,868
Mar 2006028,78556.707.08$203,882
Feb 2006026,31257.597.75$203,947
Jan 2006029,89760.598.93$267,079
Dec 2005033,37854.9413.42$447,779
Nov 2005024,83154.6910.59$262,921
Oct 2005026,68558.3413.80$368,140
Sep 2005033,39561.4512.08$403,378
Aug 2005026,73961.519.80$261,958
Jul 2005033,40755.697.84$262,032
Jun 2005035,75252.337.38$263,887
May 2005036,34045.226.65$241,703
Apr 2005041,09849.207.36$302,501
Mar 2005018,21550.377.15$130,326
Feb 2005026,69845.226.31$168,516
Jan 2005039,53443.166.32$249,942
Dec 2004034,59339.866.75$233,540
Nov 2004032,81545.286.33$207,733
Oct 2004038,37049.706.52$249,984
Sep 2004036,53543.245.28$193,047
Aug 2004042,75542.375.55$237,318
Jul 2004035,59438.286.08$216,560
Jun 2004051,40936.106.43$330,715
May 2004031,32037.486.49$203,410
Apr 2004064,54734.475.86$378,146
Mar 200407,73734.365.53$42,787
Feb 2004069,54932.455.51$383,189
Jan 2004022,28532.036.30$140,387
Dec 2003014,25730.266.30$89,842

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.

Oct 2023 — as filed, then multipliedworked
Condensate             0 bbl  × $ 85.44 =         $0
Gas                    2 Mcf  × $  3.09 =         $6

────────────────────────────────────────────────────
Month total                                       $6

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/202213 is the state's own key, not one this site invented.