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 204471District 09Field 65280200GasSaveExport
Value, all time
$8.1 M
May 2004 – May 2026
Value, last 12 filed months
$52 k
at the published price for each month
Months reported
265
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
GasProduction1,433,831 Mcf$8,095,508
Total$8,095,508

Every month this lease reported (265)

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

265 months

May 20261,607106.413.05$4,895
Apr 20261,57498.932.87$4,517
Mar 20261,67389.753.15$5,269
Feb 2026063.503.75$0
Jan 2026059.138.00$0
Dec 20251,36056.664.41$6,002
Nov 20251,41658.593.93$5,560
Oct 20251,50959.383.30$4,987
Sep 20251,58162.743.08$4,865
Aug 20251,66063.933.01$5,005
Jul 20251,67366.743.32$5,546
Jun 20251,64866.483.13$5,156
May 20251,71060.553.23$5,527
Apr 20251,61762.363.54$5,729
Mar 20251,63867.704.27$6,992
Feb 20251,42670.884.34$6,190
Jan 20251,61974.324.28$6,927
Dec 20241,59068.993.12$4,963
Nov 20241,55669.052.20$3,421
Oct 20241,73971.372.28$3,967
Sep 20241,71869.612.36$4,062
Aug 20241,84175.632.06$3,799
Jul 20241,78279.932.15$3,825
Jun 20241,78078.082.63$4,688
May 20241,84178.812.20$4,047
Apr 20241,73384.451.66$2,875
Mar 20241,77680.301.55$2,744
Feb 20241,63776.091.78$2,920
Jan 20241,63373.023.30$5,385
Dec 20231,70971.262.61$4,462
Nov 20231,65077.892.81$4,632
Oct 20231,66385.443.09$5,134
Sep 20231,82389.042.74$4,986
Aug 20231,95380.522.67$5,220
Jul 20231,96674.852.64$5,194
Jun 20231,80568.962.26$4,077
May 20231,71770.622.23$3,824
Apr 20231,68078.122.24$3,759
Mar 20231,64372.852.39$3,932
Feb 20231,41575.112.47$3,489
Jan 20231,54076.533.39$5,217
Dec 20221,49376.415.73$8,554
Nov 20221,54585.005.65$8,723
Oct 20221,76987.185.86$10,373
Sep 20221,72184.888.16$14,050
Aug 20221,87294.529.13$17,086
Jul 20221,978101.587.54$14,918
Jun 20221,877115.097.98$14,973
May 20221,971109.378.43$16,622
Apr 20221,876104.226.84$12,827
Mar 20221,891108.885.08$9,599
Feb 20221,59191.054.86$7,730
Jan 20221,83981.844.54$8,345
Dec 20211,71371.323.90$6,679
Nov 20211,40977.435.24$7,379
Oct 20211,59279.795.71$9,096
Sep 20211,79369.865.35$9,594
Aug 20212,27366.024.22$9,593
Jul 20212,28870.783.98$9,111
Jun 20212,36969.493.38$8,009
May 20212,44263.483.02$7,369
Apr 20212,28860.362.76$6,311
Mar 20212,40461.302.72$6,532
Feb 20211,87057.805.55$10,375
Jan 20212,22250.412.81$6,244
Dec 20202,29844.642.68$6,148
Nov 20202,29838.772.71$6,220
Oct 20202,41436.972.48$5,983
Sep 20202,40737.091.99$4,792
Aug 20202,52539.982.39$6,022
Jul 20202,55538.371.83$4,663
Jun 20202,48834.901.69$4,205
May 20202,61216.921.81$4,740
Apr 20202,46814.751.80$4,453
Mar 20202,57330.341.86$4,776
Feb 20202,45349.881.98$4,859
Jan 20202,53457.252.09$5,308
Dec 20192,50459.012.30$5,770
Nov 20192,44155.302.75$6,714
Oct 20192,71253.472.42$6,559
Sep 20192,76855.052.66$7,355
Aug 20192,87653.112.30$6,627
Jul 20192,88256.272.46$7,090
Jun 20192,99552.782.49$7,461
May 20192,96758.482.74$8,131
Apr 20192,75462.632.75$7,575
Mar 20192,75756.803.06$8,442
Feb 20192,60650.852.79$7,277
Jan 20192,62546.033.23$8,474
Dec 20182,66446.594.19$11,150
Nov 20183,31952.934.24$14,063
Oct 20183,22861.443.40$10,969
Sep 20182,74559.543.11$8,531
Aug 20182,77059.403.07$8,494
Jul 20183,01965.142.93$8,851
Jun 20183,02160.183.08$9,295
May 20182,77365.382.90$8,044
Apr 20182,52763.842.90$7,330
Mar 20182,63461.222.79$7,341
Feb 20182,33061.782.77$6,445
Jan 20182,46362.874.01$9,875
Dec 20172,42957.272.92$7,096
Nov 20172,49155.423.12$7,768
Oct 20172,86049.292.98$8,533
Sep 20172,80147.523.09$8,647
Aug 20172,84945.373.00$8,560
Jul 20172,83843.873.09$8,762
Jun 20172,65842.493.09$8,206
May 20172,67445.373.26$8,726
Apr 20172,65447.933.21$8,524
Mar 20172,70346.772.98$8,065
Feb 20172,50550.452.95$7,396
Jan 20172,76549.413.42$9,453
Dec 20162,75148.763.72$10,242
Nov 20162,58442.492.64$6,833
Oct 20162,79746.193.09$8,643
Sep 20162,74541.553.10$8,511
Aug 20162,93941.442.92$8,595
Jul 20163,23841.622.92$9,469
Jun 20163,29845.352.69$8,858
May 20163,14642.521.99$6,264
Apr 20163,00536.561.99$5,983
Mar 20163,21333.011.79$5,764
Feb 20163,03926.472.06$6,271
Jan 20163,32727.352.36$7,866
Dec 20153,19832.362.00$6,401
Nov 20153,04538.792.17$6,600
Oct 20153,17843.552.43$7,712
Sep 20153,18442.992.76$8,783
Aug 20153,32040.162.87$9,537
Jul 20153,36748.152.95$9,916
Jun 20153,15756.152.88$9,101
May 20153,24355.212.96$9,585
Apr 20153,16649.822.71$8,569
Mar 20153,36142.892.93$9,864
Feb 20153,38044.662.98$10,060
Jan 20153,71443.433.10$11,516
Dec 20143,70254.693.59$13,295
Nov 20143,44570.464.25$14,648
Oct 20143,54378.303.90$13,821
Sep 20143,56486.164.05$14,418
Aug 20143,69389.394.04$14,902
Jul 20143,67196.564.18$15,343
Jun 20143,55798.164.74$16,849
May 20143,72394.734.73$17,597
Apr 20143,56695.944.81$17,149
Mar 20143,76795.895.06$19,049
Feb 20143,37997.406.19$20,923
Jan 20143,80390.404.86$18,485
Dec 20133,67291.824.35$15,990
Nov 20133,57488.853.74$13,361
Oct 20134,05497.423.78$15,322
Sep 20133,965104.113.72$14,741
Aug 20134,054104.253.52$14,281
Jul 20133,979102.523.72$14,793
Jun 20133,73394.403.93$14,683
May 20133,90594.834.15$16,202
Apr 20133,83993.964.28$16,441
Mar 20134,03093.623.91$15,769
Feb 20133,72591.233.42$12,739
Jan 20134,18591.603.42$14,312
Dec 20124,21686.773.42$14,419
Nov 20124,16586.953.62$15,098
Oct 20124,42889.383.40$15,054
Sep 20124,17894.672.92$12,193
Aug 20124,18592.662.91$12,171
Jul 20124,21685.133.02$12,736
Jun 20124,11079.822.52$10,353
May 20124,27891.612.49$10,645
Apr 20124,506101.652.00$8,998
Mar 20124,947105.052.22$10,993
Feb 20124,442101.102.57$11,417
Jan 20124,85698.092.73$13,277
Dec 20114,74596.873.24$15,373
Nov 20114,86795.723.31$16,116
Oct 20115,02784.983.65$18,341
Sep 20114,66183.623.99$18,578
Aug 20114,59783.404.15$19,074
Jul 20114,54094.144.52$20,508
Jun 20114,26392.904.64$19,780
May 20114,52598.134.40$19,932
Apr 20114,429105.964.33$19,192
Mar 20114,59996.364.06$18,660
Feb 20114,26385.644.18$17,819
Jan 20114,77586.504.59$21,911
Dec 20104,44985.734.35$19,343
Nov 20104,35380.843.80$16,521
Oct 20104,58178.103.51$16,074
Sep 20104,58372.633.98$18,238
Aug 20104,72273.684.42$20,868
Jul 20105,44772.554.74$25,800
Jun 20103,83170.364.91$18,812
May 20105,07571.124.24$21,494
Apr 20104,87181.694.12$20,082
Mar 20104,93578.394.39$21,658
Feb 20104,68473.585.44$25,492
Jan 20105,07674.365.96$30,274
Dec 20095,06971.445.48$27,797
Nov 20095,02674.593.75$18,855
Oct 20095,29972.544.11$21,780
Sep 20095,44665.543.06$16,691
Aug 20095,52367.423.22$17,776
Jul 20095,24061.133.46$18,154
Jun 20095,34066.163.90$20,799
May 20095,58554.743.93$21,925
Apr 20095,48146.773.59$19,663
Mar 20095,75142.144.06$23,343
Feb 20095,25132.814.63$24,328
Jan 20096,11435.865.37$32,838
Dec 20085,96637.105.98$35,660
Nov 20085,87355.496.86$40,291
Oct 20086,23775.246.92$43,172
Sep 20086,266101.767.88$49,358
Aug 20086,548114.228.48$55,547
Jul 20086,679131.0811.39$76,070
Jun 20085,016131.3313.03$65,372
May 20086,021123.1711.57$69,689
Apr 20086,039110.3110.45$63,137
Mar 20086,798101.909.66$65,696
Feb 20086,15292.538.77$53,957
Jan 20086,95290.388.21$57,046
Dec 20077,15188.337.30$52,216
Nov 20077,19491.677.29$52,456
Oct 20077,83782.856.92$54,248
Sep 20077,71975.846.24$48,199
Aug 20078,05669.066.39$51,461
Jul 20078,33570.906.39$53,243
Jun 20078,11462.007.55$61,248
May 20078,90358.747.85$69,855
Apr 20078,61959.617.81$67,273
Mar 20079,16156.927.30$66,893
Feb 20078,35655.108.22$68,653
Jan 20079,42550.306.73$63,401
Dec 200610,40856.656.92$72,007
Nov 20069,67454.207.62$73,692
Oct 20069,88654.906.01$59,452
Sep 200610,03360.085.04$50,538
Aug 200610,33068.717.34$75,821
Jul 200610,56769.376.34$67,024
Jun 200610,33766.286.38$65,990
May 200611,24066.016.42$72,217
Apr 200610,17064.397.36$74,856
Mar 20069,56356.707.08$67,734
Feb 200611,62157.597.75$90,076
Jan 200612,54560.598.93$112,069
Dec 200512,83554.9413.42$172,187
Nov 200512,66854.6910.59$134,134
Oct 200514,43658.3413.80$199,156
Sep 200514,67161.4512.08$177,211
Aug 200516,08061.519.80$157,533
Jul 200518,36355.697.84$144,033
Jun 20059,89652.337.38$73,043
May 200512,13245.226.65$80,692
Apr 200520,53349.207.36$151,133
Mar 200523,26550.377.15$166,458
Feb 200528,63945.226.31$180,767
Jan 200540,14443.166.32$253,798
Dec 200428,13739.866.75$189,955
Nov 200434,84245.286.33$220,564
Oct 200436,58249.706.52$238,335
Sep 200438,77543.245.28$204,883
Aug 200440,66742.375.55$225,729
Jul 200443,59738.286.08$265,252
Jun 200453,48636.106.43$344,077
May 2004037.486.49$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                1,607 Mcf  × $  3.05 =     $4,895

────────────────────────────────────────────────────
Month total                                   $4,895

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/204471 is the state's own key, not one this site invented.