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 204588District 09Field 65280200CondensateGasSaveExport
Value, all time
$11.5 M
Jun 2004 – May 2026
Value, last 12 filed months
$0
at the published price for each month
Months reported
264
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
CondensateDisposition8 bbl$827
GasProduction1,962,896 Mcf$11,475,131
Total$11,475,957

Every month this lease reported (264)

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

264 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 20230080.522.67$0
Jul 20230074.852.64$0
Jun 20230068.962.26$0
May 20230070.622.23$0
Apr 20230078.122.24$0
Mar 20230072.852.39$0
Feb 20230075.112.47$0
Jan 20230076.533.39$0
Dec 20220076.415.73$0
Nov 20220085.005.65$0
Oct 20220087.185.86$0
Sep 20220084.888.16$0
Aug 20220094.529.13$0
Jul 202200101.587.54$0
Jun 202200115.097.98$0
May 202200109.378.43$0
Apr 202200104.226.84$0
Mar 202200108.885.08$0
Feb 20220091.054.86$0
Jan 20220081.844.54$0
Dec 20210071.323.90$0
Nov 20210077.435.24$0
Oct 20210079.795.71$0
Sep 20210069.865.35$0
Aug 202105366.024.22$224
Jul 2021033670.783.98$1,338
Jun 202108469.493.38$284
May 2021055463.483.02$1,672
Apr 2021039760.362.76$1,095
Mar 2021051861.302.72$1,407
Feb 2021065857.805.55$3,651
Jan 202101,08450.412.81$3,046
Dec 202001,55244.642.68$4,152
Nov 202002,72338.772.71$7,370
Oct 202002,45336.972.48$6,080
Sep 202001,82337.091.99$3,630
Aug 202002,36339.982.39$5,636
Jul 202002,10638.371.83$3,844
Jun 202003,36234.901.69$5,683
May 202003,65516.921.81$6,633
Apr 202003,29914.751.80$5,953
Mar 202003,03030.341.86$5,624
Feb 202002,31149.881.98$4,577
Jan 202002,02857.252.09$4,248
Dec 201902,42359.012.30$5,583
Nov 201902,56755.302.75$7,061
Oct 201902,85153.472.42$6,895
Sep 201902,81255.052.66$7,472
Aug 201903,31053.112.30$7,627
Jul 201903,05456.272.46$7,513
Jun 201903,71652.782.49$9,257
May 201903,74458.482.74$10,260
Apr 201903,90162.632.75$10,730
Mar 201903,40356.803.06$10,420
Feb 201903,16350.852.79$8,832
Jan 201903,79646.033.23$12,254
Dec 201803,67346.594.19$15,373
Nov 201803,78152.934.24$16,021
Oct 201803,76061.443.40$12,777
Sep 201803,79759.543.11$11,801
Aug 201803,82659.403.07$11,733
Jul 201803,87265.142.93$11,352
Jun 201803,90960.183.08$12,028
May 201803,89265.382.90$11,290
Apr 201803,94863.842.90$11,452
Mar 201803,50561.222.79$9,768
Feb 201803,19861.782.77$8,846
Jan 201803,37062.874.01$13,511
Dec 201703,87257.272.92$11,312
Nov 201703,87855.423.12$12,093
Oct 201704,15849.292.98$12,406
Sep 201703,95647.523.09$12,213
Aug 201704,04345.373.00$12,147
Jul 201704,08643.873.09$12,615
Jun 201704,22042.493.09$13,028
May 201704,17245.373.26$13,615
Apr 201704,12947.933.21$13,261
Mar 201704,19246.772.98$12,508
Feb 201703,86350.452.95$11,406
Jan 201703,98049.413.42$13,607
Dec 201604,06548.763.72$15,133
Nov 201604,27742.492.64$11,310
Oct 201604,57846.193.09$14,147
Sep 201604,54841.553.10$14,102
Aug 201604,71141.442.92$13,777
Jul 201604,65741.622.92$13,619
Jun 201604,48945.352.69$12,057
May 201604,50942.521.99$8,978
Apr 201604,27536.561.99$8,512
Mar 201604,68433.011.79$8,403
Feb 201604,30426.472.06$8,882
Jan 201604,69427.352.36$11,098
Dec 201504,71632.362.00$9,439
Nov 201504,80838.792.17$10,421
Oct 201505,15543.552.43$12,509
Sep 201505,23142.992.76$14,429
Aug 201505,29740.162.87$15,216
Jul 201504,81948.152.95$14,192
Jun 201504,99956.152.88$14,411
May 201505,46055.212.96$16,137
Apr 201505,46349.822.71$14,786
Mar 201505,51042.892.93$16,170
Feb 201505,18644.662.98$15,435
Jan 201505,86343.433.10$18,179
Dec 201406,23254.693.59$22,381
Nov 201404,09370.464.25$17,403
Oct 201401,04978.303.90$4,092
Sep 201405,30486.164.05$21,457
Aug 201405,49089.394.04$22,153
Jul 201405,78396.564.18$24,171
Jun 201405,59798.164.74$26,512
May 201405,82994.734.73$27,551
Apr 201405,60695.944.81$26,960
Mar 201405,93295.895.06$29,997
Feb 201405,11197.406.19$31,647
Jan 201405,82990.404.86$28,333
Dec 201305,24491.824.35$22,835
Nov 201306,23588.853.74$23,308
Oct 201306,66097.423.78$25,171
Sep 201306,608104.113.72$24,567
Aug 201306,868104.253.52$24,193
Jul 201306,315102.523.72$23,478
Jun 201305,90394.403.93$23,219
May 201306,59294.834.15$27,351
Apr 201306,18193.964.28$26,471
Mar 201306,57393.623.91$25,719
Feb 201305,94291.233.42$20,321
Jan 201306,40991.603.42$21,918
Dec 201206,98086.773.42$23,873
Nov 201207,04986.953.62$25,552
Oct 201207,50289.383.40$25,504
Sep 201207,22694.672.92$21,088
Aug 201207,07492.662.91$20,572
Jul 201207,34585.133.02$22,188
Jun 201207,29179.822.52$18,366
May 201207,07191.612.49$17,595
Apr 201207,215101.652.00$14,407
Mar 201207,506105.052.22$16,679
Feb 201207,134101.102.57$18,336
Jan 201207,20698.092.73$19,702
Dec 201107,29996.873.24$23,647
Nov 201107,65895.723.31$25,358
Oct 201107,60984.983.65$27,762
Sep 201107,77983.623.99$31,006
Aug 201107,58683.404.15$31,477
Jul 201108,16094.144.52$36,861
Jun 201108,04092.904.64$37,305
May 201108,16698.134.40$35,970
Apr 201108,379105.964.33$36,309
Mar 201108,13396.364.06$32,998
Feb 201105,92985.644.18$24,783
Jan 201108,79486.504.59$40,354
Dec 201008,39985.734.35$36,517
Nov 201027,85680.843.80$29,978
Oct 201009,01078.103.51$31,615
Sep 201008,67572.633.98$34,522
Aug 201009,20473.684.42$40,676
Jul 201009,00272.554.74$42,638
Jun 201009,53370.364.91$46,811
May 2010010,35871.124.24$43,868
Apr 2010010,34881.694.12$42,662
Mar 2010010,82078.394.39$47,485
Feb 201009,92573.585.44$54,015
Jan 2010010,78374.365.96$64,311
Dec 2009011,08271.445.48$60,771
Nov 2009011,13774.593.75$41,780
Oct 2009013,72772.544.11$56,421
Sep 200914,99165.543.06$15,362
Aug 2009010,65567.423.22$34,293
Jul 2009012,05361.133.46$41,758
Jun 2009011,46466.163.90$44,652
May 2009012,13354.743.93$47,631
Apr 2009011,84746.773.59$42,501
Mar 2009012,28942.144.06$49,881
Feb 2009011,25832.814.63$52,158
Jan 200907,84235.865.37$42,119
Dec 2008012,47537.105.98$74,565
Nov 200807,01355.496.86$48,112
Oct 2008112,50475.246.92$86,628
Sep 2008013,643101.767.88$107,467
Aug 2008014,820114.228.48$125,718
Jul 2008412,627131.0811.39$144,339
Jun 200804,828131.3313.03$62,922
May 200807,128123.1711.57$82,502
Apr 200806,281110.3110.45$65,667
Mar 2008010,914101.909.66$105,474
Feb 2008010,50392.538.77$92,117
Jan 2008011,60590.388.21$95,228
Dec 2007011,91488.337.30$86,996
Nov 2007011,79691.677.29$86,013
Oct 2007012,72782.856.92$88,096
Sep 2007012,88175.846.24$80,431
Aug 2007012,89169.066.39$82,347
Jul 2007013,01670.906.39$83,145
Jun 2007013,38062.007.55$100,998
May 2007016,03758.747.85$125,831
Apr 2007014,51159.617.81$113,261
Mar 2007014,67756.927.30$107,171
Feb 2007015,69655.108.22$128,958
Jan 2007018,17850.306.73$122,281
Dec 2006020,44456.656.92$141,441
Nov 2006019,20754.207.62$146,309
Oct 2006022,09054.906.01$132,845
Sep 2006019,18760.085.04$96,649
Aug 2006018,52368.717.34$135,957
Jul 2006025,99169.376.34$164,855
Jun 2006010,59066.286.38$67,605
May 20060166.016.42$6
Apr 2006060464.397.36$4,446
Mar 200609,10356.707.08$64,476
Feb 2006012,69857.597.75$98,424
Jan 2006013,10060.598.93$117,026
Dec 2005016,69954.9413.42$224,024
Nov 2005021,07454.6910.59$223,140
Oct 2005030,75558.3413.80$424,289
Sep 2005024,55461.4512.08$296,588
Aug 2005036,20661.519.80$354,704
Jul 2005036,59955.697.84$287,069
Jun 2005035,74852.337.38$263,857
May 2005036,79945.226.65$244,756
Apr 2005035,35849.207.36$260,252
Mar 2005041,67350.377.15$298,165
Feb 2005036,42245.226.31$229,893
Jan 2005046,50543.166.32$294,014
Dec 2004045,87239.866.75$309,686
Nov 2004049,00645.286.33$310,229
Oct 2004029,72449.706.52$193,655
Sep 2004046,40343.245.28$245,189
Aug 2004016,78142.375.55$93,146
Jul 2004045,76238.286.08$278,424
Jun 2004022,95936.106.43$147,696

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 2021 — as filed, then multipliedworked
Condensate             0 bbl  × $ 66.02 =         $0
Gas                   53 Mcf  × $  4.22 =       $224

────────────────────────────────────────────────────
Month total                                     $224

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/204588 is the state's own key, not one this site invented.