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 203500District 09Field 65280200GasSaveExport
Value, all time
$3.7 M
Jan 2004 – May 2026
Value, last 12 filed months
$15 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
GasProduction607,759 Mcf$3,663,623
Total$3,663,623

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 2026383106.413.05$1,167
Apr 202634098.932.87$976
Mar 202618189.753.15$570
Feb 20261463.503.75$53
Jan 20261659.138.00$128
Dec 202569656.664.41$3,072
Nov 202561358.593.93$2,407
Oct 202560259.383.30$1,990
Sep 202543462.743.08$1,335
Aug 202531563.933.01$950
Jul 202533266.743.32$1,101
Jun 202530166.483.13$942
May 202531260.553.23$1,008
Apr 202532562.363.54$1,152
Mar 202534267.704.27$1,460
Feb 202527970.884.34$1,211
Jan 202531774.324.28$1,356
Dec 202431268.993.12$974
Nov 202429969.052.20$657
Oct 202431271.372.28$712
Sep 202430869.612.36$728
Aug 202428875.632.06$594
Jul 202429579.932.15$633
Jun 202431278.082.63$822
May 202429478.812.20$646
Apr 202430484.451.66$504
Mar 202433280.301.55$513
Feb 202433276.091.78$592
Jan 202436673.023.30$1,207
Dec 202336471.262.61$950
Nov 202332977.892.81$924
Oct 202330385.443.09$935
Sep 202330989.042.74$845
Aug 202333980.522.67$906
Jul 202334274.852.64$904
Jun 202334968.962.26$788
May 202337170.622.23$826
Apr 202337478.122.24$837
Mar 202340072.852.39$957
Feb 202336875.112.47$907
Jan 202340076.533.39$1,355
Dec 202239976.415.73$2,286
Nov 202236885.005.65$2,078
Oct 202240487.185.86$2,369
Sep 202237984.888.16$3,094
Aug 202239594.529.13$3,605
Jul 2022412101.587.54$3,107
Jun 2022463115.097.98$3,693
May 2022402109.378.43$3,390
Apr 2022392104.226.84$2,680
Mar 2022392108.885.08$1,990
Feb 202234991.054.86$1,696
Jan 202240481.844.54$1,833
Dec 202141871.323.90$1,630
Nov 202139577.435.24$2,069
Oct 202136479.795.71$2,080
Sep 202133069.865.35$1,766
Aug 202130466.024.22$1,283
Jul 202132670.783.98$1,298
Jun 202138169.493.38$1,288
May 202141363.483.02$1,246
Apr 202138960.362.76$1,073
Mar 202139561.302.72$1,073
Feb 202134757.805.55$1,925
Jan 202138150.412.81$1,071
Dec 202038744.642.68$1,035
Nov 202036838.772.71$996
Oct 202035436.972.48$877
Sep 202034837.091.99$693
Aug 202032639.982.39$778
Jul 202033938.371.83$619
Jun 202039734.901.69$671
May 202040616.921.81$737
Apr 202041014.751.80$740
Mar 202044830.341.86$832
Feb 202038749.881.98$767
Jan 202040357.252.09$844
Dec 201941359.012.30$952
Nov 201941355.302.75$1,136
Oct 201939553.472.42$955
Sep 201933355.052.66$885
Aug 201935253.112.30$811
Jul 201943156.272.46$1,060
Jun 201942052.782.49$1,046
May 201947158.482.74$1,291
Apr 201950662.632.75$1,392
Mar 201957756.803.06$1,767
Feb 201939750.852.79$1,109
Jan 201941346.033.23$1,333
Dec 201840246.594.19$1,683
Nov 201826852.934.24$1,136
Oct 201847261.443.40$1,604
Sep 201861759.543.11$1,918
Aug 201866559.403.07$2,039
Jul 201859965.142.93$1,756
Jun 201846560.183.08$1,431
May 201841165.382.90$1,192
Apr 201833063.842.90$957
Mar 201835861.222.79$998
Feb 201827361.782.77$755
Jan 201827662.874.01$1,107
Dec 201753357.272.92$1,557
Nov 201751155.423.12$1,593
Oct 201750949.292.98$1,519
Sep 201743547.523.09$1,343
Aug 201747345.373.00$1,421
Jul 201751143.873.09$1,578
Jun 201746942.493.09$1,448
May 201748645.373.26$1,586
Apr 201747047.933.21$1,509
Mar 201749546.772.98$1,477
Feb 201748850.452.95$1,441
Jan 201756049.413.42$1,915
Dec 201654448.763.72$2,025
Nov 201652142.492.64$1,378
Oct 201654746.193.09$1,690
Sep 201651141.553.10$1,584
Aug 201655141.442.92$1,611
Jul 201656141.622.92$1,641
Jun 201656445.352.69$1,515
May 201659142.521.99$1,177
Apr 201655636.561.99$1,107
Mar 201660333.011.79$1,082
Feb 201665126.472.06$1,343
Jan 201680727.352.36$1,908
Dec 201588132.362.00$1,763
Nov 201563638.792.17$1,378
Oct 201562843.552.43$1,524
Sep 201555542.992.76$1,531
Aug 201551740.162.87$1,485
Jul 201553548.152.95$1,576
Jun 201547956.152.88$1,381
May 201563055.212.96$1,862
Apr 201553949.822.71$1,459
Mar 201564242.892.93$1,884
Feb 201557644.662.98$1,714
Jan 201552343.433.10$1,622
Dec 201455254.693.59$1,982
Nov 201448270.464.25$2,049
Oct 201447678.303.90$1,857
Sep 201443986.164.05$1,776
Aug 201410589.394.04$424
Jul 201428196.564.18$1,174
Jun 201415398.164.74$725
May 201419494.734.73$917
Apr 201424795.944.81$1,188
Mar 201416295.895.06$819
Feb 201464397.406.19$3,981
Jan 201460090.404.86$2,916
Dec 20131,17291.824.35$5,103
Nov 20131,15788.853.74$4,325
Oct 20131,07297.423.78$4,051
Sep 2013642104.113.72$2,387
Aug 2013530104.253.52$1,867
Jul 2013192102.523.72$714
Jun 201322494.403.93$881
May 201334194.834.15$1,415
Apr 201342893.964.28$1,833
Mar 201347593.623.91$1,859
Feb 201365191.233.42$2,226
Jan 201375191.603.42$2,568
Dec 201284286.773.42$2,880
Nov 201281086.953.62$2,936
Oct 201259589.383.40$2,023
Sep 201261194.672.92$1,783
Aug 201246992.662.91$1,364
Jul 201247385.133.02$1,429
Jun 201257779.822.52$1,453
May 20121,42491.612.49$3,543
Apr 20121,707101.652.00$3,409
Mar 20121,097105.052.22$2,438
Feb 2012520101.102.57$1,337
Jan 20121,20898.092.73$3,303
Dec 201163396.873.24$2,051
Nov 201152495.723.31$1,735
Oct 20111,24584.983.65$4,542
Sep 20111,64183.623.99$6,541
Aug 20111,90183.404.15$7,888
Jul 20112,00594.144.52$9,057
Jun 20112,11192.904.64$9,795
May 20112,29598.134.40$10,109
Apr 20112,243105.964.33$9,720
Mar 20112,30396.364.06$9,344
Feb 20111,57785.644.18$6,592
Jan 20111,72386.504.59$7,906
Dec 20102,03685.734.35$8,852
Nov 20101,92380.843.80$7,298
Oct 20102,08478.103.51$7,313
Sep 20102,03772.633.98$8,106
Aug 20101,86573.684.42$8,242
Jul 20102,08972.554.74$9,895
Jun 20102,70970.364.91$13,302
May 20103,71671.124.24$15,738
Apr 20103,34881.694.12$13,803
Mar 20103,31478.394.39$14,544
Feb 20102,95973.585.44$16,104
Jan 20103,35774.365.96$20,021
Dec 20093,09771.445.48$16,983
Nov 20093,55574.593.75$13,337
Oct 20094,50572.544.11$18,517
Sep 20091,94265.543.06$5,952
Aug 20093,99967.423.22$12,871
Jul 20094,41761.133.46$15,303
Jun 20095,50666.163.90$21,446
May 20095,55454.743.93$21,804
Apr 20095,26046.773.59$18,870
Mar 20095,99042.144.06$24,313
Feb 20095,95932.814.63$27,608
Jan 20097,42635.865.37$39,885
Dec 20089,73137.105.98$58,164
Nov 20086,52355.496.86$44,750
Oct 2008075.246.92$0
Sep 200854101.767.88$425
Aug 200819114.228.48$161
Jul 200818131.0811.39$205
Jun 200825131.3313.03$326
May 200840123.1711.57$463
Apr 20080110.3110.45$0
Mar 200847101.909.66$454
Feb 2008892.538.77$70
Jan 2008790.388.21$57
Dec 20071,44388.337.30$10,537
Nov 20074,23891.677.29$30,902
Oct 20075,07782.856.92$35,143
Sep 20074,84175.846.24$30,228
Aug 20075,08069.066.39$32,451
Jul 20074,24270.906.39$27,098
Jun 20074,72562.007.55$35,666
May 20074,90958.747.85$38,517
Apr 20074,62859.617.81$36,122
Mar 20074,63256.927.30$33,823
Feb 20075,13355.108.22$42,173
Jan 20074,98950.306.73$33,560
Dec 20065,41256.656.92$37,443
Nov 20065,44654.207.62$41,485
Oct 20065,45554.906.01$32,805
Sep 20065,60560.085.04$28,234
Aug 20065,88368.717.34$43,181
Jul 20065,56169.376.34$35,272
Jun 20065,75366.286.38$36,726
May 20065,98366.016.42$38,441
Apr 20065,58464.397.36$41,101
Mar 20065,94856.707.08$42,129
Feb 20065,63357.597.75$43,662
Jan 20066,54160.598.93$58,433
Dec 20056,39154.9413.42$85,738
Nov 20057,38454.6910.59$78,185
Oct 20058,25458.3413.80$113,870
Sep 20056,66961.4512.08$80,555
Aug 20057,92061.519.80$77,591
Jul 20059,57655.697.84$75,111
Jun 20059,67652.337.38$71,419
May 20057,61445.226.65$50,642
Apr 200512,12549.207.36$89,246
Mar 200510,78050.377.15$77,130
Feb 20058,84045.226.31$55,797
Jan 20059,39143.166.32$59,372
Dec 200410,71039.866.75$72,304
Nov 20045,43345.286.33$34,393
Oct 200413,66349.706.52$89,016
Sep 200410,94243.245.28$57,816
Aug 20049,69442.375.55$53,808
Jul 20048,96238.286.08$54,526
Jun 200415,64836.106.43$100,664
May 200431,09137.486.49$201,923
Apr 200420,91134.475.86$122,506
Mar 200418,94434.365.53$104,763
Feb 200428,85432.455.51$158,975
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                  383 Mcf  × $  3.05 =     $1,167

────────────────────────────────────────────────────
Month total                                   $1,167

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/203500 is the state's own key, not one this site invented.