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 202554District 09Field 65280200GasSaveExport
Value, all time
$6.0 M
Jan 2004 – May 2026
Value, last 12 filed months
$38 k
at the published price for each month
Months reported
269
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
GasProduction1,090,264 Mcf$6,038,514
Total$6,038,514

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 2026952106.413.05$2,900
Apr 202696098.932.87$2,755
Mar 20261,18589.753.15$3,732
Feb 2026063.503.75$0
Jan 2026059.138.00$0
Dec 20251,09256.664.41$4,819
Nov 20251,13558.593.93$4,457
Oct 20251,20259.383.30$3,972
Sep 20251,24062.743.08$3,815
Aug 20251,14663.933.01$3,455
Jul 20251,20666.743.32$3,998
Jun 20251,21366.483.13$3,795
May 20251,21760.553.23$3,934
Apr 20251,14262.363.54$4,046
Mar 20251,08567.704.27$4,631
Feb 202599170.884.34$4,302
Jan 20251,12274.324.28$4,801
Dec 20241,10468.993.12$3,446
Nov 20241,09669.052.20$2,409
Oct 20241,17471.372.28$2,678
Sep 20241,11669.612.36$2,639
Aug 20241,31175.632.06$2,705
Jul 20241,31979.932.15$2,831
Jun 20241,32578.082.63$3,490
May 20241,32778.812.20$2,917
Apr 20241,24084.451.66$2,057
Mar 20241,19880.301.55$1,851
Feb 20241,06876.091.78$1,905
Jan 20241,05373.023.30$3,472
Dec 20231,06571.262.61$2,780
Nov 202396277.892.81$2,701
Oct 202391885.443.09$2,834
Sep 20231,02989.042.74$2,814
Aug 20231,22380.522.67$3,269
Jul 20231,32274.852.64$3,492
Jun 20231,14668.962.26$2,588
May 20231,22670.622.23$2,731
Apr 20231,22678.122.24$2,743
Mar 20231,34872.852.39$3,226
Feb 202361775.112.47$1,521
Jan 20231,09576.533.39$3,710
Dec 202294276.415.73$5,397
Nov 20221,00285.005.65$5,657
Oct 20221,07687.185.86$6,309
Sep 20221,02084.888.16$8,327
Aug 20221,08794.529.13$9,921
Jul 20221,259101.587.54$9,495
Jun 20221,083115.097.98$8,639
May 20221,109109.378.43$9,352
Apr 20221,079104.226.84$7,378
Mar 20221,081108.885.08$5,488
Feb 202285491.054.86$4,149
Jan 20221,04181.844.54$4,724
Dec 202199871.323.90$3,891
Nov 202181277.435.24$4,252
Oct 202190679.795.71$5,177
Sep 20211,03069.865.35$5,511
Aug 20211,29466.024.22$5,461
Jul 20211,28870.783.98$5,129
Jun 20211,39169.493.38$4,702
May 20211,47963.483.02$4,463
Apr 20211,34060.362.76$3,696
Mar 20211,58161.302.72$4,295
Feb 20211,13657.805.55$6,302
Jan 20211,34550.412.81$3,780
Dec 20201,39244.642.68$3,724
Nov 20201,41238.772.71$3,822
Oct 20201,51536.972.48$3,755
Sep 20201,47537.091.99$2,937
Aug 20201,47239.982.39$3,511
Jul 20201,54438.371.83$2,818
Jun 20201,26434.901.69$2,137
May 20201,45616.921.81$2,642
Apr 20201,42514.751.80$2,571
Mar 20201,57430.341.86$2,922
Feb 20201,58549.881.98$3,139
Jan 20201,68657.252.09$3,532
Dec 20191,41659.012.30$3,263
Nov 20191,44155.302.75$3,964
Oct 20191,65053.472.42$3,991
Sep 20191,76855.052.66$4,698
Aug 20191,99353.112.30$4,593
Jul 20192,06756.272.46$5,085
Jun 20191,62452.782.49$4,046
May 201986958.482.74$2,381
Apr 20191,02962.632.75$2,830
Mar 201993556.803.06$2,863
Feb 201962550.852.79$1,745
Jan 20191,03946.033.23$3,354
Dec 201870046.594.19$2,930
Nov 201853052.934.24$2,246
Oct 201882161.443.40$2,790
Sep 201867559.543.11$2,098
Aug 20181,26359.403.07$3,873
Jul 201855965.142.93$1,639
Jun 201827960.183.08$858
May 201816365.382.90$473
Apr 201818863.842.90$545
Mar 201858661.222.79$1,633
Feb 201838361.782.77$1,059
Jan 201880262.874.01$3,215
Dec 201786057.272.92$2,513
Nov 201776455.423.12$2,382
Oct 201771549.292.98$2,133
Sep 201770547.523.09$2,177
Aug 20171,67545.373.00$5,032
Jul 20171,81243.873.09$5,594
Jun 20171,64442.493.09$5,075
May 20171,94745.373.26$6,354
Apr 20171,83447.933.21$5,890
Mar 20171,84346.772.98$5,499
Feb 20171,61550.452.95$4,768
Jan 20171,80849.413.42$6,181
Dec 20161,80948.763.72$6,735
Nov 20161,99442.492.64$5,273
Oct 20162,27646.193.09$7,033
Sep 20162,39641.553.10$7,429
Aug 20162,80041.442.92$8,188
Jul 20162,82141.622.92$8,250
Jun 20162,39945.352.69$6,443
May 20163,03442.521.99$6,041
Apr 20163,05836.561.99$6,089
Mar 20163,02833.011.79$5,432
Feb 20162,63826.472.06$5,444
Jan 20163,05627.352.36$7,225
Dec 20152,98632.362.00$5,976
Nov 20152,99338.792.17$6,487
Oct 20153,35443.552.43$8,139
Sep 20153,79142.992.76$10,457
Aug 20153,89040.162.87$11,174
Jul 20153,72448.152.95$10,967
Jun 20153,61556.152.88$10,422
May 20153,70555.212.96$10,950
Apr 20153,46949.822.71$9,389
Mar 20153,39542.892.93$9,963
Feb 20153,71444.662.98$11,054
Jan 20154,17843.433.10$12,954
Dec 20144,35454.693.59$15,637
Nov 20144,03170.464.25$17,139
Oct 20144,30978.303.90$16,809
Sep 20144,08586.164.05$16,526
Aug 20144,08889.394.04$16,496
Jul 20144,09296.564.18$17,103
Jun 20144,31398.164.74$20,430
May 20144,77794.734.73$22,579
Apr 20144,59795.944.81$22,108
Mar 20144,84495.895.06$24,495
Feb 20144,56897.406.19$28,285
Jan 20144,94490.404.86$24,031
Dec 20134,10191.824.35$17,858
Nov 20134,74788.853.74$17,746
Oct 20135,00697.423.78$18,919
Sep 20134,266104.113.72$15,860
Aug 20132,841104.253.52$10,008
Jul 20131,631102.523.72$6,064
Jun 20132,22694.403.93$8,756
May 20132,63494.834.15$10,929
Apr 20132,76093.964.28$11,820
Mar 20132,79093.623.91$10,917
Feb 20132,49291.233.42$8,522
Jan 20133,44291.603.42$11,771
Dec 20123,84586.773.42$13,151
Nov 20123,56686.953.62$12,927
Oct 20123,77389.383.40$12,827
Sep 20123,81794.672.92$11,140
Aug 20123,13192.662.91$9,105
Jul 20123,53385.133.02$10,672
Jun 20123,36079.822.52$8,464
May 20123,84591.612.49$9,568
Apr 20123,848101.652.00$7,684
Mar 20124,050105.052.22$8,999
Feb 20123,570101.102.57$9,176
Jan 20123,73698.092.73$10,215
Dec 20113,44396.873.24$11,154
Nov 20113,94495.723.31$13,060
Oct 20114,37784.983.65$15,970
Sep 20114,33483.623.99$17,274
Aug 20114,49683.404.15$18,655
Jul 20114,82094.144.52$21,773
Jun 20115,14092.904.64$23,849
May 20116,22098.134.40$27,398
Apr 20115,991105.964.33$25,961
Mar 20116,39196.364.06$25,930
Feb 20116,05885.644.18$25,322
Jan 20116,50886.504.59$29,864
Dec 20106,72585.734.35$29,239
Nov 20106,13680.843.80$23,288
Oct 20106,69978.103.51$23,506
Sep 20106,76572.633.98$26,921
Aug 20107,43473.684.42$32,854
Jul 201010,51072.554.74$49,781
Jun 20102,98770.364.91$14,667
May 20104,35371.124.24$18,436
Apr 20104,42781.694.12$18,251
Mar 20104,24278.394.39$18,617
Feb 20103,83873.585.44$20,888
Jan 20104,23374.365.96$25,246
Dec 20094,71271.445.48$25,839
Nov 20094,66474.593.75$17,497
Oct 20095,13372.544.11$21,098
Sep 20095,40865.543.06$16,574
Aug 20095,18267.423.22$16,678
Jul 20095,34561.133.46$18,518
Jun 20095,34366.163.90$20,811
May 20095,75254.743.93$22,581
Apr 20095,69746.773.59$20,438
Mar 20095,93342.144.06$24,082
Feb 20095,20232.814.63$24,101
Jan 20096,14235.865.37$32,989
Dec 20086,29037.105.98$37,596
Nov 20086,17555.496.86$42,363
Oct 20086,75675.246.92$46,765
Sep 20086,653101.767.88$52,406
Aug 20086,489114.228.48$55,046
Jul 20085,942131.0811.39$67,676
Jun 20083,747131.3313.03$48,833
May 20085,033123.1711.57$58,253
Apr 20084,897110.3110.45$51,197
Mar 20087,184101.909.66$69,427
Feb 20086,87992.538.77$60,333
Jan 20088,81790.388.21$72,350
Dec 20079,36288.337.30$68,361
Nov 20079,12891.677.29$66,559
Oct 200710,04182.856.92$69,504
Sep 200713,18675.846.24$82,335
Aug 200719,56169.066.39$124,954
Jul 200711,62370.906.39$74,247
Jun 20077,72062.007.55$58,274
May 20076,64158.747.85$52,107
Apr 20076,39859.617.81$49,938
Mar 20076,20556.927.30$45,309
Feb 20075,70555.108.22$46,872
Jan 20076,10750.306.73$41,081
Dec 20066,34656.656.92$43,904
Nov 20066,14654.207.62$46,817
Oct 20066,86154.906.01$41,261
Sep 20066,73960.085.04$33,946
Aug 20067,22468.717.34$53,024
Jul 20067,20669.376.34$45,706
Jun 20067,15666.286.38$45,683
May 20067,74866.016.42$49,781
Apr 20067,52964.397.36$55,417
Mar 20067,63856.707.08$54,099
Feb 20067,06957.597.75$54,793
Jan 20068,18160.598.93$73,083
Dec 20058,30254.9413.42$111,375
Nov 20058,40554.6910.59$88,996
Oct 20059,07958.3413.80$125,252
Sep 20059,78961.4512.08$118,241
Aug 200510,21161.519.80$100,036
Jul 20058,64755.697.84$67,824
Jun 20059,71252.337.38$71,685
May 200510,42145.226.65$69,312
Apr 200510,34349.207.36$76,129
Mar 200510,88650.377.15$77,888
Feb 200512,26745.226.31$77,428
Jan 200593743.166.32$5,924
Dec 200414,92939.866.75$100,787
Nov 200415,97145.286.33$101,103
Oct 200415,67249.706.52$102,105
Sep 200417,31443.245.28$91,485
Aug 200418,74942.375.55$104,069
Jul 200417,84838.286.08$108,590
Jun 200417,70036.106.43$113,864
May 200417,45837.486.49$113,382
Apr 200414,73234.475.86$86,307
Mar 200414,51134.365.53$80,248
Feb 20049,22432.455.51$50,821
Jan 2004032.036.30$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
Gas                  952 Mcf  × $  3.05 =     $2,900

────────────────────────────────────────────────────
Month total                                   $2,900

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/202554 is the state's own key, not one this site invented.