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 202552District 09Field 65280200GasSaveExport
Value, all time
$4.0 M
Mar 2004 – May 2026
Value, last 12 filed months
$22 k
at the published price for each month
Months reported
267
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
GasProduction715,233 Mcf$4,044,326
Total$4,044,326

Every month this lease reported (267)

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

267 months

May 20261,202106.413.05$3,661
Apr 2026098.932.87$0
Mar 2026089.753.15$0
Feb 2026063.503.75$0
Jan 2026059.138.00$0
Dec 202567556.664.41$2,979
Nov 202568158.593.93$2,674
Oct 202573359.383.30$2,422
Sep 202572862.743.08$2,240
Aug 202580763.933.01$2,433
Jul 202586566.743.32$2,868
Jun 202582466.483.13$2,578
May 202584460.553.23$2,728
Apr 202585662.363.54$3,033
Mar 20251,25267.704.27$5,344
Feb 202563070.884.34$2,735
Jan 202579674.324.28$3,406
Dec 202474368.993.12$2,319
Nov 202474269.052.20$1,631
Oct 202478071.372.28$1,779
Sep 202473969.612.36$1,747
Aug 202486275.632.06$1,779
Jul 202485179.932.15$1,827
Jun 202483178.082.63$2,189
May 202487378.812.20$1,919
Apr 202489584.451.66$1,485
Mar 202490380.301.55$1,395
Feb 202486376.091.78$1,539
Jan 202491473.023.30$3,014
Dec 202397871.262.61$2,553
Nov 202395777.892.81$2,687
Oct 20231,00985.443.09$3,115
Sep 20231,03289.042.74$2,823
Aug 20231,14880.522.67$3,068
Jul 20231,13674.852.64$3,001
Jun 20231,02768.962.26$2,319
May 20231,09370.622.23$2,435
Apr 20231,10378.122.24$2,468
Mar 20231,18072.852.39$2,824
Feb 20231,06575.112.47$2,626
Jan 20231,17876.533.39$3,991
Dec 20221,08376.415.73$6,205
Nov 20221,09585.005.65$6,183
Oct 20221,13287.185.86$6,638
Sep 20221,05384.888.16$8,596
Aug 20221,10194.529.13$10,049
Jul 20221,086101.587.54$8,191
Jun 20221,104115.097.98$8,807
May 20221,073109.378.43$9,049
Apr 20221,057104.226.84$7,227
Mar 20221,043108.885.08$5,295
Feb 202290391.054.86$4,388
Jan 20221,03281.844.54$4,683
Dec 20211,07071.323.90$4,172
Nov 20211,03177.435.24$5,399
Oct 20211,10679.795.71$6,320
Sep 20211,08369.865.35$5,795
Aug 20211,13166.024.22$4,773
Jul 20211,16270.783.98$4,627
Jun 20211,10969.493.38$3,749
May 20211,14463.483.02$3,452
Apr 20211,08360.362.76$2,987
Mar 20211,11961.302.72$3,040
Feb 202191557.805.55$5,076
Jan 20211,11150.412.81$3,122
Dec 20201,04044.642.68$2,782
Nov 20201,08938.772.71$2,947
Oct 20201,11236.972.48$2,756
Sep 20201,13437.091.99$2,258
Aug 20201,17139.982.39$2,793
Jul 20201,17738.371.83$2,148
Jun 20201,15834.901.69$1,957
May 20201,21916.921.81$2,212
Apr 20201,17614.751.80$2,122
Mar 20201,23730.341.86$2,296
Feb 20201,14249.881.98$2,262
Jan 20201,22457.252.09$2,564
Dec 20191,23259.012.30$2,839
Nov 20191,24455.302.75$3,422
Oct 20191,39553.472.42$3,374
Sep 20191,40055.052.66$3,720
Aug 20191,38953.112.30$3,201
Jul 20191,42056.272.46$3,493
Jun 20191,44352.782.49$3,595
May 20191,50658.482.74$4,127
Apr 20191,48462.632.75$4,082
Mar 20191,16256.803.06$3,558
Feb 201911850.852.79$329
Jan 201946646.033.23$1,504
Dec 201831846.594.19$1,331
Nov 20182652.934.24$110
Oct 20184661.443.40$156
Sep 201838359.543.11$1,190
Aug 20183259.403.07$98
Jul 20182565.142.93$73
Jun 20184860.183.08$148
May 20188165.382.90$235
Apr 20187863.842.90$226
Mar 201820061.222.79$557
Feb 201826361.782.77$727
Jan 201836662.874.01$1,467
Dec 201751157.272.92$1,493
Nov 201753655.423.12$1,671
Oct 201745149.292.98$1,346
Sep 201772747.523.09$2,244
Aug 201796145.373.00$2,887
Jul 20171,09243.873.09$3,371
Jun 20171,10642.493.09$3,415
May 20171,23045.373.26$4,014
Apr 20171,27047.933.21$4,079
Mar 20171,36846.772.98$4,082
Feb 20171,29850.452.95$3,832
Jan 20171,46149.413.42$4,995
Dec 20161,47748.763.72$5,499
Nov 20161,48042.492.64$3,914
Oct 20161,57446.193.09$4,864
Sep 20161,56341.553.10$4,846
Aug 20161,66441.442.92$4,866
Jul 20161,74641.622.92$5,106
Jun 20161,64845.352.69$4,426
May 20161,71442.521.99$3,413
Apr 20161,67236.561.99$3,329
Mar 20161,74433.011.79$3,129
Feb 20161,66326.472.06$3,432
Jan 20161,79327.352.36$4,239
Dec 20151,78832.362.00$3,579
Nov 20151,76438.792.17$3,823
Oct 20151,86143.552.43$4,516
Sep 20151,83642.992.76$5,064
Aug 20151,89040.162.87$5,429
Jul 20151,93148.152.95$5,687
Jun 20151,87556.152.88$5,405
May 20151,97355.212.96$5,831
Apr 20151,95249.822.71$5,283
Mar 20151,97942.892.93$5,808
Feb 20151,81344.662.98$5,396
Jan 20152,03343.433.10$6,304
Dec 20142,05554.693.59$7,380
Nov 20142,02070.464.25$8,589
Oct 20142,10278.303.90$8,200
Sep 20142,00486.164.05$8,107
Aug 20141,85289.394.04$7,473
Jul 20142,06496.564.18$8,627
Jun 20141,97998.164.74$9,374
May 20142,10494.734.73$9,945
Apr 20142,01995.944.81$9,710
Mar 20141,98495.895.06$10,033
Feb 20141,74597.406.19$10,805
Jan 20142,08590.404.86$10,135
Dec 20132,10491.824.35$9,162
Nov 20132,06788.853.74$7,727
Oct 20132,17597.423.78$8,220
Sep 20132,125104.113.72$7,900
Aug 20132,330104.253.52$8,208
Jul 20132,331102.523.72$8,666
Jun 20132,30994.403.93$9,082
May 20132,46894.834.15$10,240
Apr 20132,36393.964.28$10,120
Mar 20132,44193.623.91$9,551
Feb 20132,19791.233.42$7,514
Jan 20132,40791.603.42$8,232
Dec 20122,55586.773.42$8,739
Nov 20122,55286.953.62$9,251
Oct 20122,54289.383.40$8,642
Sep 20122,36994.672.92$6,914
Aug 20122,48292.662.91$7,218
Jul 20122,54285.133.02$7,679
Jun 20122,49079.822.52$6,272
May 20122,54391.612.49$6,328
Apr 20122,638101.652.00$5,268
Mar 20122,735105.052.22$6,077
Feb 20122,470101.102.57$6,348
Jan 20122,55598.092.73$6,986
Dec 20112,71896.873.24$8,806
Nov 20112,68295.723.31$8,881
Oct 20112,82684.983.65$10,311
Sep 20112,59883.623.99$10,355
Aug 20112,70183.404.15$11,207
Jul 20112,77394.144.52$12,526
Jun 20112,76792.904.64$12,839
May 20112,93598.134.40$12,928
Apr 20112,729105.964.33$11,826
Mar 20112,93696.364.06$11,912
Feb 20112,30185.644.18$9,618
Jan 20112,60886.504.59$11,968
Dec 20102,75585.734.35$11,978
Nov 20102,94580.843.80$11,177
Oct 20103,06178.103.51$10,741
Sep 20103,01872.633.98$12,010
Aug 20103,19773.684.42$14,129
Jul 20103,36872.554.74$15,953
Jun 20103,61170.364.91$17,731
May 20103,50571.124.24$14,844
Apr 20103,53181.694.12$14,557
Mar 20103,69278.394.39$16,203
Feb 20103,28173.585.44$17,856
Jan 20103,76274.365.96$22,437
Dec 20093,85071.445.48$21,112
Nov 20093,88374.593.75$14,567
Oct 20094,64472.544.11$19,088
Sep 20092,35765.543.06$7,224
Aug 20094,85367.423.22$15,619
Jul 20094,98861.133.46$17,281
Jun 20094,71066.163.90$18,345
May 20095,17854.743.93$20,328
Apr 20095,27546.773.59$18,924
Mar 20095,79042.144.06$23,502
Feb 20095,61232.814.63$26,000
Jan 20094,61435.865.37$24,782
Dec 20083,20237.105.98$19,139
Nov 200891955.496.86$6,305
Oct 20081,85875.246.92$12,861
Sep 20082,195101.767.88$17,290
Aug 20082,442114.228.48$20,716
Jul 20081,679131.0811.39$19,123
Jun 2008862131.3313.03$11,234
May 20081,139123.1711.57$13,183
Apr 20081,189110.3110.45$12,431
Mar 20081,792101.909.66$17,318
Feb 20081,66292.538.77$14,577
Jan 20082,06790.388.21$16,961
Dec 20072,45288.337.30$17,904
Nov 20072,94691.677.29$21,481
Oct 20073,25882.856.92$22,552
Sep 20073,24375.846.24$20,250
Aug 20073,21069.066.39$20,505
Jul 20073,47670.906.39$22,204
Jun 20073,69462.007.55$27,884
May 20073,84158.747.85$30,138
Apr 20073,68159.617.81$28,731
Mar 20073,64556.927.30$26,616
Feb 20073,68055.108.22$30,235
Jan 20074,19650.306.73$28,226
Dec 20064,30956.656.92$29,812
Nov 20064,51454.207.62$34,385
Oct 20064,33754.906.01$26,082
Sep 20064,41560.085.04$22,239
Aug 20064,77168.717.34$35,019
Jul 20062,77869.376.34$17,620
Jun 20066,90166.286.38$44,055
May 20067,76966.016.42$49,916
Apr 20067,08064.397.36$52,112
Mar 20068,35456.707.08$59,171
Feb 20067,49457.597.75$58,087
Jan 20069,02960.598.93$80,659
Dec 20059,44454.9413.42$126,695
Nov 20059,17954.6910.59$97,191
Oct 200510,35758.3413.80$142,883
Sep 200510,57261.4512.08$127,699
Aug 200511,25961.519.80$110,303
Jul 200511,96755.697.84$93,865
Jun 200512,63552.337.38$93,259
May 200511,29845.226.65$75,145
Apr 200512,29549.207.36$90,497
Mar 200514,58050.377.15$104,318
Feb 200510,71145.226.31$67,607
Jan 20055,97143.166.32$37,750
Dec 20047,26839.866.75$49,067
Nov 20047,16745.286.33$45,370
Oct 20047,98949.706.52$52,049
Sep 20047,99443.245.28$42,240
Aug 20048,30442.375.55$46,093
Jul 20049,33438.286.08$56,790
Jun 200410,54536.106.43$67,836
May 200417,14037.486.49$111,317
Apr 200421,21934.475.86$124,311
Mar 2004034.365.53$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
Gas                1,202 Mcf  × $  3.05 =     $3,661

────────────────────────────────────────────────────
Month total                                   $3,661

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/202552 is the state's own key, not one this site invented.