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 202708District 09Field 65280200CondensateGasSaveExport
Value, all time
$2.6 M
Mar 2004 – May 2026
Value, last 12 filed months
$20 k
at the published price for each month
Months reported
267
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
CondensateDisposition5 bbl$368
GasProduction447,762 Mcf$2,616,358
Total$2,616,726

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 20260996106.413.05$3,034
Apr 2026099598.932.87$2,855
Mar 2026097589.753.15$3,071
Feb 20260063.503.75$0
Jan 20260059.138.00$0
Dec 202505256.664.41$229
Nov 202504458.593.93$173
Oct 2025063759.383.30$2,105
Sep 2025068162.743.08$2,095
Aug 2025072063.933.01$2,171
Jul 2025064166.743.32$2,125
Jun 2025060566.483.13$1,893
May 2025063560.553.23$2,053
Apr 2025060262.363.54$2,133
Mar 2025065367.704.27$2,787
Feb 2025053270.884.34$2,309
Jan 2025081574.324.28$3,487
Dec 2024061268.993.12$1,910
Nov 2024058869.052.20$1,293
Oct 2024061671.372.28$1,405
Sep 2024060369.612.36$1,426
Aug 2024064075.632.06$1,321
Jul 2024064079.932.15$1,374
Jun 2024059878.082.63$1,575
May 2024063078.812.20$1,385
Apr 2024067784.451.66$1,123
Mar 2024070980.301.55$1,096
Feb 2024066776.091.78$1,190
Jan 2024072473.023.30$2,388
Dec 2023073171.262.61$1,908
Nov 2023070277.892.81$1,971
Oct 2023070685.443.09$2,180
Sep 2023067289.042.74$1,838
Aug 2023063780.522.67$1,703
Jul 2023061974.852.64$1,635
Jun 2023062468.962.26$1,409
May 2023068770.622.23$1,530
Apr 2023075778.122.24$1,694
Mar 2023068672.852.39$1,642
Feb 2023065675.112.47$1,617
Jan 2023072376.533.39$2,449
Dec 2022073276.415.73$4,194
Nov 2022068885.005.65$3,885
Oct 2022072287.185.86$4,234
Sep 2022066784.888.16$5,445
Aug 2022044794.529.13$4,080
Jul 20220327101.587.54$2,466
Jun 20220330115.097.98$2,632
May 20220402109.378.43$3,390
Apr 20220529104.226.84$3,617
Mar 20220916108.885.08$4,650
Feb 2022071991.054.86$3,494
Jan 20220881.844.54$36
Dec 2021026971.323.90$1,049
Nov 2021020377.435.24$1,063
Oct 2021022079.795.71$1,257
Sep 2021012269.865.35$653
Aug 2021013566.024.22$570
Jul 2021021370.783.98$848
Jun 2021016869.493.38$568
May 2021016563.483.02$498
Apr 2021021060.362.76$579
Mar 2021016161.302.72$437
Feb 2021015857.805.55$877
Jan 202107850.412.81$219
Dec 2020033044.642.68$883
Nov 2020016038.772.71$433
Oct 202008136.972.48$201
Sep 202002537.091.99$50
Aug 202004839.982.39$114
Jul 2020011938.371.83$217
Jun 2020017534.901.69$296
May 2020033216.921.81$603
Apr 2020032914.751.80$594
Mar 2020037930.341.86$704
Feb 2020037649.881.98$745
Jan 2020038557.252.09$806
Dec 2019036959.012.30$850
Nov 2019039755.302.75$1,092
Oct 2019045353.472.42$1,096
Sep 2019039955.052.66$1,060
Aug 2019051253.112.30$1,180
Jul 2019060956.272.46$1,498
Jun 2019056252.782.49$1,400
May 201901,05158.482.74$2,880
Apr 2019066562.632.75$1,829
Mar 2019079456.803.06$2,431
Feb 2019072050.852.79$2,010
Jan 2019075046.033.23$2,421
Dec 2018072946.594.19$3,051
Nov 2018088352.934.24$3,741
Oct 2018079361.443.40$2,695
Sep 2018075759.543.11$2,353
Aug 2018079659.403.07$2,441
Jul 2018078965.142.93$2,313
Jun 2018076960.183.08$2,366
May 2018080665.382.90$2,338
Apr 2018076363.842.90$2,213
Mar 2018079461.222.79$2,213
Feb 2018071261.782.77$1,969
Jan 2018077162.874.01$3,091
Dec 2017078257.272.92$2,285
Nov 2017078655.423.12$2,451
Oct 2017089649.292.98$2,673
Sep 2017074547.523.09$2,300
Aug 2017079245.373.00$2,379
Jul 2017079543.873.09$2,454
Jun 2017077642.493.09$2,396
May 2017080745.373.26$2,634
Apr 2017078247.933.21$2,511
Mar 2017082146.772.98$2,450
Feb 2017076050.452.95$2,244
Jan 2017087649.413.42$2,995
Dec 2016087248.763.72$3,246
Nov 2016083742.492.64$2,213
Oct 2016085946.193.09$2,655
Sep 2016082441.553.10$2,555
Aug 2016086041.442.92$2,515
Jul 2016084441.622.92$2,468
Jun 2016085345.352.69$2,291
May 2016087342.521.99$1,738
Apr 2016085936.561.99$1,710
Mar 2016092133.011.79$1,652
Feb 2016089826.472.06$1,853
Jan 2016095727.352.36$2,263
Dec 2015096332.362.00$1,927
Nov 2015093338.792.17$2,022
Oct 2015096543.552.43$2,342
Sep 2015092042.992.76$2,538
Aug 2015095740.162.87$2,749
Jul 2015096048.152.95$2,827
Jun 2015089156.152.88$2,569
May 201501,03355.212.96$3,053
Apr 201501,06549.822.71$2,883
Mar 201501,22842.892.93$3,604
Feb 201501,60944.662.98$4,789
Jan 2015057243.433.10$1,774
Dec 201401,29354.693.59$4,644
Nov 2014094970.464.25$4,035
Oct 2014095078.303.90$3,706
Sep 201401,08286.164.05$4,377
Aug 201401,07489.394.04$4,334
Jul 2014057996.564.18$2,420
Jun 2014098498.164.74$4,661
May 201401,09094.734.73$5,152
Apr 2014091195.944.81$4,381
Mar 2014081795.895.06$4,131
Feb 2014074897.406.19$4,632
Jan 2014085190.404.86$4,136
Dec 2013083291.824.35$3,623
Nov 2013080188.853.74$2,994
Oct 2013077597.423.78$2,929
Sep 20130578104.113.72$2,149
Aug 20130368104.253.52$1,296
Jul 2013076102.523.72$283
Jun 201301294.403.93$47
May 2013012594.834.15$519
Apr 201306193.964.28$261
Mar 201306293.623.91$243
Feb 201308491.233.42$287
Jan 2013015491.603.42$527
Dec 2012018686.773.42$636
Nov 2012021086.953.62$761
Oct 2012021789.383.40$738
Sep 2012066094.672.92$1,926
Aug 201201,92492.662.91$5,595
Jul 2012063085.133.02$1,903
Jun 2012036079.822.52$907
May 2012062091.612.49$1,543
Apr 20120393101.652.00$785
Mar 20120414105.052.22$920
Feb 20120517101.102.57$1,329
Jan 2012043198.092.73$1,178
Dec 2011082496.873.24$2,670
Nov 2011091395.723.31$3,023
Oct 201101,14584.983.65$4,178
Sep 201101,14083.623.99$4,544
Aug 201101,16783.404.15$4,842
Jul 201101,06894.144.52$4,824
Jun 201101,26292.904.64$5,856
May 201101,30298.134.40$5,735
Apr 201101,289105.964.33$5,586
Mar 2011098796.364.06$4,005
Feb 201101,16785.644.18$4,878
Jan 2011082786.504.59$3,795
Dec 201001,10885.734.35$4,817
Nov 2010054780.843.80$2,076
Oct 201001,35278.103.51$4,744
Sep 201002,48972.633.98$9,905
Aug 2010079873.684.42$3,527
Jul 20100072.554.74$0
Jun 201001,93570.364.91$9,502
May 20100071.124.24$0
Apr 20100081.694.12$0
Mar 201002,09578.394.39$9,194
Feb 201052,09173.585.44$11,748
Jan 201001,83974.365.96$10,968
Dec 200902,13471.445.48$11,702
Nov 200902,27174.593.75$8,520
Oct 200903,09472.544.11$12,717
Sep 200903,54165.543.06$10,852
Aug 200903,82767.423.22$12,317
Jul 200903,42761.133.46$11,873
Jun 200903,68666.163.90$14,357
May 200903,18354.743.93$12,496
Apr 200904,61846.773.59$16,567
Mar 200907,68842.144.06$31,206
Feb 200908,52132.814.63$39,478
Jan 200909,41435.865.37$50,563
Dec 2008012,96337.105.98$77,482
Nov 20080055.496.86$0
Oct 20080075.246.92$0
Sep 20080204101.767.88$1,607
Aug 20080106114.228.48$899
Jul 2008065131.0811.39$740
Jun 20080152131.3313.03$1,981
May 20080179123.1711.57$2,072
Apr 20080255110.3110.45$2,666
Mar 20080300101.909.66$2,899
Feb 2008033392.538.77$2,921
Jan 200801,14190.388.21$9,363
Dec 200702,59188.337.30$18,919
Nov 200703,01091.677.29$21,948
Oct 200703,46382.856.92$23,971
Sep 200703,51975.846.24$21,973
Aug 200703,59469.066.39$22,958
Jul 200703,69370.906.39$23,591
Jun 200703,63662.007.55$27,446
May 200703,71458.747.85$29,141
Apr 200703,98259.617.81$31,080
Mar 200703,40756.927.30$24,878
Feb 200703,76355.108.22$30,917
Jan 200704,45750.306.73$29,982
Dec 200605,08556.656.92$35,180
Nov 200604,41754.207.62$33,646
Oct 200604,50554.906.01$27,092
Sep 200604,48360.085.04$22,582
Aug 200604,36468.717.34$32,031
Jul 200604,45569.376.34$28,257
Jun 200604,50866.286.38$28,779
May 200604,71766.016.42$30,307
Apr 200604,78164.397.36$35,190
Mar 200605,02656.707.08$35,599
Feb 200604,92957.597.75$38,205
Jan 200605,54260.598.93$49,508
Dec 200506,32354.9413.42$84,826
Nov 200505,52154.6910.59$58,459
Oct 200506,39358.3413.80$88,196
Sep 200506,58661.4512.08$79,552
Aug 200507,23361.519.80$70,861
Jul 200507,30655.697.84$57,306
Jun 200507,63552.337.38$56,354
May 200507,85345.226.65$52,232
Apr 200506,01049.207.36$44,236
Mar 200506,01950.377.15$43,065
Feb 200505,52345.226.31$34,861
Jan 200508,23843.166.32$52,082
Dec 200407,99239.866.75$53,955
Nov 200407,60345.286.33$48,130
Oct 200402,77749.706.52$18,092
Sep 200405,01043.245.28$26,472
Aug 200407,19142.375.55$39,915
Jul 200409,57238.286.08$58,238
Jun 2004011,88136.106.43$76,431
May 200409,56137.486.49$62,095
Apr 20040034.475.86$0
Mar 20040034.365.53$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
Condensate             0 bbl  × $106.41 =         $0
Gas                  996 Mcf  × $  3.05 =     $3,034

────────────────────────────────────────────────────
Month total                                   $3,034

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/202708 is the state's own key, not one this site invented.