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 202438District 09Field 65280200CondensateGasSaveExport
Value, all time
$2.6 M
Jan 2004 – May 2026
Value, last 12 filed months
$18 k
at the published price for each month
Months reported
269
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
CondensateDisposition2 bbl$171
GasProduction439,578 Mcf$2,566,502
Total$2,566,674

Every month this lease reported (269)

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

269 months

May 202601,434106.413.05$4,368
Apr 2026072798.932.87$2,086
Mar 2026058289.753.15$1,833
Feb 202601263.503.75$45
Jan 202601159.138.00$88
Dec 2025033856.664.41$1,492
Nov 2025037858.593.93$1,484
Oct 2025032659.383.30$1,077
Sep 2025044362.743.08$1,363
Aug 2025041263.933.01$1,242
Jul 2025043166.743.32$1,429
Jun 2025040666.483.13$1,270
May 2025048560.553.23$1,568
Apr 2025043162.363.54$1,527
Mar 2025044067.704.27$1,878
Feb 2025039470.884.34$1,710
Jan 2025043274.324.28$1,848
Dec 2024046468.993.12$1,448
Nov 2024060469.052.20$1,328
Oct 2024046571.372.28$1,061
Sep 2024041669.612.36$984
Aug 2024041275.632.06$850
Jul 2024041479.932.15$889
Jun 2024040178.082.63$1,056
May 2024041878.812.20$919
Apr 2024042584.451.66$705
Mar 2024045980.301.55$709
Feb 2024044076.091.78$785
Jan 2024038273.023.30$1,260
Dec 2023037771.262.61$984
Nov 2023039677.892.81$1,112
Oct 2023032285.443.09$994
Sep 2023037589.042.74$1,026
Aug 2023037580.522.67$1,002
Jul 2023037474.852.64$988
Jun 2023037068.962.26$836
May 2023035070.622.23$780
Apr 2023035978.122.24$803
Mar 2023039072.852.39$933
Feb 2023035675.112.47$878
Jan 2023040076.533.39$1,355
Dec 2022039976.415.73$2,286
Nov 2022037985.005.65$2,140
Oct 2022038887.185.86$2,275
Sep 2022037084.888.16$3,021
Aug 2022014894.529.13$1,351
Jul 202200101.587.54$0
Jun 20220245115.097.98$1,954
May 20220466109.378.43$3,930
Apr 20220445104.226.84$3,043
Mar 20220497108.885.08$2,523
Feb 2022043891.054.86$2,128
Jan 2022048181.844.54$2,183
Dec 2021047971.323.90$1,868
Nov 2021045977.435.24$2,404
Oct 2021045179.795.71$2,577
Sep 2021042569.865.35$2,274
Aug 2021042466.024.22$1,790
Jul 2021042370.783.98$1,684
Jun 2021040869.493.38$1,379
May 2021044663.483.02$1,346
Apr 2021043360.362.76$1,194
Mar 2021045061.302.72$1,223
Feb 2021041557.805.55$2,302
Jan 2021049850.412.81$1,400
Dec 2020049244.642.68$1,316
Nov 2020023838.772.71$644
Oct 20200936.972.48$22
Sep 202001137.091.99$22
Aug 2020011539.982.39$274
Jul 2020043338.371.83$790
Jun 2020040334.901.69$681
May 2020043816.921.81$795
Apr 2020043214.751.80$779
Mar 2020044030.341.86$817
Feb 2020041049.881.98$812
Jan 2020043857.252.09$918
Dec 2019045159.012.30$1,039
Nov 2019040755.302.75$1,120
Oct 2019050053.472.42$1,209
Sep 2019045255.052.66$1,201
Aug 2019045453.112.30$1,046
Jul 2019044756.272.46$1,100
Jun 2019042052.782.49$1,046
May 2019049158.482.74$1,346
Apr 2019048462.632.75$1,331
Mar 2019054456.803.06$1,666
Feb 2019043050.852.79$1,201
Jan 2019071646.033.23$2,311
Dec 2018080446.594.19$3,365
Nov 2018046952.934.24$1,987
Oct 2018048561.443.40$1,648
Sep 2018038459.543.11$1,193
Aug 2018046559.403.07$1,426
Jul 2018049965.142.93$1,463
Jun 2018042560.183.08$1,308
May 2018048065.382.90$1,392
Apr 2018053663.842.90$1,555
Mar 2018061061.222.79$1,700
Feb 2018091561.782.77$2,531
Jan 2018090062.874.01$3,608
Dec 2017098257.272.92$2,869
Nov 2017057955.423.12$1,806
Oct 2017062049.292.98$1,850
Sep 2017056447.523.09$1,741
Aug 2017056645.373.00$1,700
Jul 2017051443.873.09$1,587
Jun 2017034642.493.09$1,068
May 201706745.373.26$219
Apr 2017042647.933.21$1,368
Mar 2017056146.772.98$1,674
Feb 2017051850.452.95$1,529
Jan 2017060649.413.42$2,072
Dec 2016058148.763.72$2,163
Nov 2016045842.492.64$1,211
Oct 2016051046.193.09$1,576
Sep 2016043841.553.10$1,358
Aug 2016058641.442.92$1,714
Jul 2016052541.622.92$1,535
Jun 2016052545.352.69$1,410
May 2016045042.521.99$896
Apr 2016039036.561.99$777
Mar 2016043033.011.79$771
Feb 2016047326.472.06$976
Jan 2016054527.352.36$1,289
Dec 2015073032.362.00$1,461
Nov 2015055438.792.17$1,201
Oct 2015049143.552.43$1,191
Sep 2015055242.992.76$1,523
Aug 2015057040.162.87$1,637
Jul 2015051448.152.95$1,514
Jun 2015051656.152.88$1,488
May 2015059455.212.96$1,756
Apr 2015059849.822.71$1,619
Mar 2015061142.892.93$1,793
Feb 2015057144.662.98$1,699
Jan 2015062243.433.10$1,929
Dec 2014068154.693.59$2,446
Nov 2014063570.464.25$2,700
Oct 2014061678.303.90$2,403
Sep 2014056886.164.05$2,298
Aug 2014064989.394.04$2,619
Jul 2014064296.564.18$2,683
Jun 2014060698.164.74$2,871
May 2014070094.734.73$3,309
Apr 2014070195.944.81$3,371
Mar 2014061095.895.06$3,085
Feb 2014042097.406.19$2,601
Jan 2014053590.404.86$2,600
Dec 2013068091.824.35$2,961
Nov 2013053388.853.74$1,993
Oct 2013048097.423.78$1,814
Sep 20130533104.113.72$1,982
Aug 20130540104.253.52$1,902
Jul 20130694102.523.72$2,580
Jun 2013064694.403.93$2,541
May 2013071394.834.15$2,958
Apr 2013058093.964.28$2,484
Mar 2013063393.623.91$2,477
Feb 2013053891.233.42$1,840
Jan 2013065791.603.42$2,247
Dec 2012062486.773.42$2,134
Nov 2012078086.953.62$2,827
Oct 2012087689.383.40$2,978
Sep 2012085694.672.92$2,498
Aug 2012075192.662.91$2,184
Jul 2012081985.133.02$2,474
Jun 2012082079.822.52$2,066
May 2012082391.612.49$2,048
Apr 20120783101.652.00$1,563
Mar 20120807105.052.22$1,793
Feb 20120696101.102.57$1,789
Jan 2012078698.092.73$2,149
Dec 2011079296.873.24$2,566
Nov 2011092895.723.31$3,073
Oct 201101,04384.983.65$3,805
Sep 201101,13883.623.99$4,536
Aug 201101,11883.404.15$4,639
Jul 201101,31294.144.52$5,927
Jun 201101,31092.904.64$6,078
May 201101,68898.134.40$7,435
Apr 201101,996105.964.33$8,649
Mar 201102,21496.364.06$8,983
Feb 201111,99185.644.18$8,408
Jan 201101,60486.504.59$7,360
Dec 2010180285.734.35$3,573
Nov 2010064980.843.80$2,463
Oct 201001,82678.103.51$6,407
Sep 201001,20472.633.98$4,791
Aug 201001,29673.684.42$5,727
Jul 201001,24172.554.74$5,878
Jun 201001,23870.364.91$6,079
May 2010057671.124.24$2,439
Apr 2010075881.694.12$3,125
Mar 2010088578.394.39$3,884
Feb 2010077773.585.44$4,229
Jan 2010085674.365.96$5,105
Dec 2009089871.445.48$4,924
Nov 2009086874.593.75$3,256
Oct 2009077872.544.11$3,198
Sep 2009087765.543.06$2,688
Aug 2009076767.423.22$2,469
Jul 200901,59761.133.46$5,533
Jun 200902,24466.163.90$8,740
May 200902,36454.743.93$9,280
Apr 200902,03946.773.59$7,315
Mar 200901,99042.144.06$8,077
Feb 200901,88632.814.63$8,738
Jan 200902,13435.865.37$11,462
Dec 200802,19237.105.98$13,102
Nov 200802,22955.496.86$15,292
Oct 200802,43675.246.92$16,862
Sep 200802,147101.767.88$16,912
Aug 200801,845114.228.48$15,651
Jul 200801,354131.0811.39$15,421
Jun 20080976131.3313.03$12,720
May 200801,299123.1711.57$15,035
Apr 200801,348110.3110.45$14,093
Mar 200801,816101.909.66$17,550
Feb 200801,34992.538.77$11,832
Jan 200801,38390.388.21$11,349
Dec 200701,73488.337.30$12,662
Nov 200702,03391.677.29$14,824
Oct 200702,92482.856.92$20,240
Sep 200702,87775.846.24$17,964
Aug 200702,33069.066.39$14,884
Jul 200701,07970.906.39$6,893
Jun 200701,49362.007.55$11,270
May 200701,64458.747.85$12,899
Apr 200702,18259.617.81$17,031
Mar 200702,31156.927.30$16,875
Feb 200701,81155.108.22$14,879
Jan 200701,92150.306.73$12,922
Dec 200602,13356.656.92$14,757
Nov 200602,07854.207.62$15,829
Oct 200602,10854.906.01$12,677
Sep 200602,51760.085.04$12,679
Aug 200603,14968.717.34$23,113
Jul 200603,18169.376.34$20,176
Jun 200603,20966.286.38$20,486
May 200603,55266.016.42$22,822
Apr 200603,98064.397.36$29,295
Mar 200604,17156.707.08$29,543
Feb 200603,88557.597.75$30,113
Jan 200604,32560.598.93$38,637
Dec 200502,31554.9413.42$31,057
Nov 200502,56454.6910.59$27,149
Oct 200503,97458.3413.80$54,824
Sep 200504,26761.4512.08$51,541
Aug 200503,93061.519.80$38,502
Jul 200503,34655.697.84$26,245
Jun 200504,28552.337.38$31,628
May 200504,70945.226.65$31,320
Apr 200504,55749.207.36$33,542
Mar 200503,15150.377.15$22,545
Feb 200508,13445.226.31$51,341
Jan 200506,35943.166.32$40,203
Dec 2004010,86639.866.75$73,357
Nov 2004010,17945.286.33$64,437
Oct 2004013,95349.706.52$90,905
Sep 2004016,40943.245.28$86,704
Aug 2004014,48442.375.55$80,396
Jul 2004014,92638.286.08$90,812
Jun 2004013,85736.106.43$89,142
May 2004020,32337.486.49$131,989
Apr 2004018,70334.475.86$109,571
Mar 2004023,41434.365.53$129,483
Feb 2004013,37432.455.51$73,686
Jan 20040032.036.30$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
Condensate             0 bbl  × $106.41 =         $0
Gas                1,434 Mcf  × $  3.05 =     $4,368

────────────────────────────────────────────────────
Month total                                   $4,368

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/202438 is the state's own key, not one this site invented.