BONDS RANCH "B"

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 203485District 09Field 65280200CondensateGasSaveExport
Value, all time
$5.3 M
Aug 2004 – May 2026
Value, last 12 filed months
$0
at the published price for each month
Months reported
262
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
CondensateDisposition12 bbl$913
GasProduction980,850 Mcf$5,253,065
Total$5,253,977

Every month this lease reported (262)

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

262 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 20230085.443.09$0
Sep 20230089.042.74$0
Aug 202304280.522.67$112
Jul 2023016874.852.64$444
Jun 20230068.962.26$0
May 20230170.622.23$2
Apr 20230278.122.24$4
Mar 2023032272.852.39$771
Feb 2023013975.112.47$343
Jan 2023080576.533.39$2,727
Dec 202201,66876.415.73$9,556
Nov 202201,67685.005.65$9,463
Oct 202201,36387.185.86$7,992
Sep 202201,45484.888.16$11,870
Aug 202201,80894.529.13$16,502
Jul 202202,006101.587.54$15,129
Jun 202201,585115.097.98$12,644
May 202201,983109.378.43$16,723
Apr 202201,334104.226.84$9,121
Mar 202202,190108.885.08$11,117
Feb 202201,90991.054.86$9,276
Jan 202202,08381.844.54$9,452
Dec 202102,18171.323.90$8,504
Nov 202102,14077.435.24$11,207
Oct 202102,48579.795.71$14,199
Sep 202102,27269.865.35$12,157
Aug 202102,90866.024.22$12,273
Jul 202102,67770.783.98$10,660
Jun 202102,51969.493.38$8,516
May 202103,81163.483.02$11,500
Apr 202102,14860.362.76$5,925
Mar 202102,78461.302.72$7,564
Feb 202102,13457.805.55$11,839
Jan 202102,84250.412.81$7,987
Dec 202002,89244.642.68$7,737
Nov 202002,65638.772.71$7,189
Oct 202002,82536.972.48$7,002
Sep 202002,73237.091.99$5,440
Aug 202002,09939.982.39$5,006
Jul 202003,00538.371.83$5,484
Jun 202003,04234.901.69$5,142
May 202003,20816.921.81$5,822
Apr 202003,06014.751.80$5,521
Mar 202003,28130.341.86$6,090
Feb 202003,11049.881.98$6,160
Jan 202003,65057.252.09$7,646
Dec 201903,80759.012.30$8,773
Nov 201903,58155.302.75$9,850
Oct 201903,13453.472.42$7,580
Sep 201903,26855.052.66$8,684
Aug 201903,70853.112.30$8,545
Jul 201903,61956.272.46$8,903
Jun 201903,28852.782.49$8,191
May 201903,58458.482.74$9,821
Apr 201903,80362.632.75$10,461
Mar 201903,81456.803.06$11,679
Feb 201901,92550.852.79$5,375
Jan 201901,80746.033.23$5,833
Dec 201804546.594.19$188
Nov 2018070652.934.24$2,991
Oct 201801,25161.443.40$4,251
Sep 201804,23759.543.11$13,169
Aug 201803,33759.403.07$10,233
Jul 201804,63065.142.93$13,575
Jun 201803,63260.183.08$11,175
May 201804,48465.382.90$13,007
Apr 201804,57963.842.90$13,283
Mar 201805,71761.222.79$15,932
Feb 201807,07661.782.77$19,573
Jan 201805,42262.874.01$21,739
Dec 201704,85357.272.92$14,178
Nov 201704,98855.423.12$15,554
Oct 201702,35749.292.98$7,033
Sep 20170147.523.09$3
Aug 2017013245.373.00$397
Jul 2017014443.873.09$445
Jun 201701542.493.09$46
May 20170945.373.26$29
Apr 20170047.933.21$0
Mar 20170246.772.98$6
Feb 20170250.452.95$6
Jan 20170049.413.42$0
Dec 201603,64748.763.72$13,577
Nov 201604,03242.492.64$10,662
Oct 201604,04546.193.09$12,500
Sep 201604,18041.553.10$12,961
Aug 201604,44241.442.92$12,990
Jul 201603,72841.622.92$10,902
Jun 201603,53345.352.69$9,489
May 201602,88642.521.99$5,746
Apr 201603,31236.561.99$6,594
Mar 201603,40433.011.79$6,107
Feb 201603,11126.472.06$6,420
Jan 201604,66127.352.36$11,020
Dec 2015096032.362.00$1,921
Nov 201503,35738.792.17$7,276
Oct 201504,39043.552.43$10,653
Sep 201504,78142.992.76$13,188
Aug 201505,00440.162.87$14,374
Jul 201504,98248.152.95$14,672
Jun 201505,01956.152.88$14,469
May 201505,26755.212.96$15,566
Apr 201505,24949.822.71$14,207
Mar 201505,38742.892.93$15,809
Feb 201504,65544.662.98$13,854
Jan 201505,37943.433.10$16,678
Dec 201405,62254.693.59$20,191
Nov 201405,95370.464.25$25,311
Oct 201406,01178.303.90$23,449
Sep 201405,78486.164.05$23,399
Aug 201406,27789.394.04$25,328
Jul 201406,58996.564.18$27,539
Jun 201406,38498.164.74$30,240
May 201406,34994.734.73$30,009
Apr 201406,23895.944.81$29,999
Mar 201407,33895.895.06$37,107
Feb 201404,00797.406.19$24,811
Jan 201405,53990.404.86$26,924
Dec 201305,45591.824.35$23,754
Nov 201305,29688.853.74$19,798
Oct 201305,12597.423.78$19,369
Sep 201303,713104.113.72$13,804
Aug 201303,581104.253.52$12,614
Jul 201304,860102.523.72$18,068
Jun 201304,06594.403.93$15,989
May 201305,49394.834.15$22,791
Apr 201306,08093.964.28$26,038
Mar 201306,47793.623.91$25,344
Feb 201306,05591.233.42$20,708
Jan 201306,08191.603.42$20,796
Dec 201207,68186.773.42$26,270
Nov 201205,91186.953.62$21,427
Oct 201205,89089.383.40$20,024
Sep 201204,43294.672.92$12,934
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 201202101.102.57$5
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 20112296.364.06$201
Feb 20110085.644.18$0
Jan 20110386.504.59$14
Dec 2010018985.734.35$822
Nov 201021,13280.843.80$4,458
Oct 20100078.103.51$0
Sep 20100072.633.98$0
Aug 20100173.684.42$4
Jul 20100072.554.74$0
Jun 20100070.364.91$0
May 201051,82071.124.24$8,064
Apr 20100081.694.12$0
Mar 20100078.394.39$0
Feb 201001,35573.585.44$7,374
Jan 201006,90874.365.96$41,200
Dec 2009174971.445.48$4,179
Nov 2009080974.593.75$3,035
Oct 200906,16872.544.11$25,352
Sep 200926,78165.543.06$20,913
Aug 200907,31567.423.22$23,543
Jul 200907,11761.133.46$24,657
Jun 200905,47066.163.90$21,306
May 200907,77054.743.93$30,503
Apr 2009011,48946.773.59$41,217
Mar 20090042.144.06$0
Feb 20090032.814.63$0
Jan 20090035.865.37$0
Dec 20080337.105.98$18
Nov 20080055.496.86$0
Oct 20080075.246.92$0
Sep 2008080101.767.88$630
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 20080258101.909.66$2,493
Feb 20080092.538.77$0
Jan 20080090.388.21$0
Dec 20070088.337.30$0
Nov 20070091.677.29$0
Oct 20070082.856.92$0
Sep 20070075.846.24$0
Aug 2007049969.066.39$3,188
Jul 200706,68470.906.39$42,697
Jun 2007010,95462.007.55$82,686
May 20070558.747.85$39
Apr 200701,20859.617.81$9,429
Mar 200703,04356.927.30$22,220
Feb 200707,37955.108.22$60,626
Jan 200708,94950.306.73$60,199
Dec 2006010,22556.656.92$70,741
Nov 2006010,12854.207.62$77,150
Oct 200609,53954.906.01$57,366
Sep 200609,06560.085.04$45,662
Aug 200607,56868.717.34$55,549
Jul 200607,56969.376.34$48,008
Jun 200607,18366.286.38$45,855
May 2006010,71766.016.42$68,857
Apr 2006010,78064.397.36$79,346
Mar 200609,39256.707.08$66,523
Feb 2006010,04357.597.75$77,845
Jan 2006012,06360.598.93$107,763
Dec 2005012,57854.9413.42$168,739
Nov 2005011,96654.6910.59$126,701
Oct 2005011,01858.3413.80$152,002
Sep 2005012,62361.4512.08$152,473
Aug 200508,87361.519.80$86,927
Jul 2005013,60255.697.84$106,689
Jun 2005015,84652.337.38$116,960
May 2005016,45345.226.65$109,432
Apr 2005016,53649.207.36$121,713
Mar 2005019,57250.377.15$140,035
Feb 2005018,97745.226.31$119,781
Jan 2005017,30143.166.32$109,380
Dec 2004023,61839.866.75$159,447
Nov 2004034,60045.286.33$219,033
Oct 2004021,55749.706.52$140,446
Sep 2004025,81843.245.28$136,420
Aug 2004037,84542.375.55$210,065

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.

Aug 2023 — as filed, then multipliedworked
Condensate             0 bbl  × $ 80.52 =         $0
Gas                   42 Mcf  × $  2.67 =       $112

────────────────────────────────────────────────────
Month total                                     $112

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/203485 is the state's own key, not one this site invented.