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 208381District 09Field 65280200GasSaveExport
Value, all time
$18.5 M
May 2004 – May 2026
Value, last 12 filed months
$71 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
GasProduction3,248,982 Mcf$18,525,239
Total$18,525,239

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 2026430106.413.05$1,310
Apr 202664098.932.87$1,837
Mar 202656289.753.15$1,770
Feb 202633963.503.75$1,271
Jan 202631959.138.00$2,551
Dec 20251,43256.664.41$6,320
Nov 20251,72258.593.93$6,761
Oct 20252,16459.383.30$7,152
Sep 20253,75862.743.08$11,563
Aug 20252,93163.933.01$8,836
Jul 20253,60066.743.32$11,935
Jun 20253,12566.483.13$9,777
May 20254,06360.553.23$13,133
Apr 20253,92962.363.54$13,921
Mar 20254,03067.704.27$17,201
Feb 20253,72570.884.34$16,170
Jan 20254,26974.324.28$18,266
Dec 20244,18068.993.12$13,047
Nov 20243,85169.052.20$8,466
Oct 20244,60371.372.28$10,501
Sep 20244,29269.612.36$10,148
Aug 20244,73975.632.06$9,780
Jul 20245,02479.932.15$10,784
Jun 20245,33978.082.63$14,063
May 20245,80178.812.20$12,753
Apr 20243,65884.451.66$6,069
Mar 20242,01280.301.55$3,109
Feb 20241,83676.091.78$3,275
Jan 20242,12673.023.30$7,011
Dec 20232,28371.262.61$5,960
Nov 20232,31677.892.81$6,502
Oct 20232,04385.443.09$6,307
Sep 20233,05489.042.74$8,353
Aug 20233,33480.522.67$8,911
Jul 20233,42874.852.64$9,056
Jun 20232,96168.962.26$6,687
May 20232,94870.622.23$6,566
Apr 20233,00978.122.24$6,733
Mar 20233,49772.852.39$8,369
Feb 20233,25875.112.47$8,033
Jan 20233,58676.533.39$12,148
Dec 20223,26276.415.73$18,688
Nov 20223,23185.005.65$18,243
Oct 20224,32387.185.86$25,349
Sep 20224,39184.888.16$35,847
Aug 20224,34394.529.13$39,639
Jul 20224,510101.587.54$34,015
Jun 20224,664115.097.98$37,206
May 20224,390109.378.43$37,021
Apr 20224,867104.226.84$33,279
Mar 20225,044108.885.08$25,605
Feb 20223,92691.054.86$19,076
Jan 20224,72681.844.54$21,445
Dec 20214,71571.323.90$18,384
Nov 20214,39177.435.24$22,995
Oct 20214,70879.795.71$26,901
Sep 20214,86369.865.35$26,022
Aug 20215,11366.024.22$21,580
Jul 20215,22870.783.98$20,818
Jun 20215,04369.493.38$17,048
May 20215,34563.483.02$16,129
Apr 20215,19660.362.76$14,333
Mar 20215,52761.302.72$15,017
Feb 20213,24557.805.55$18,003
Jan 20215,31950.412.81$14,948
Dec 20205,04344.642.68$13,492
Nov 20204,64538.772.71$12,572
Oct 20205,03036.972.48$12,467
Sep 20204,93937.091.99$9,834
Aug 20204,62139.982.39$11,022
Jul 20204,11538.371.83$7,510
Jun 20204,11934.901.69$6,962
May 20205,11916.921.81$9,290
Apr 20205,02314.751.80$9,063
Mar 20205,47030.341.86$10,154
Feb 20204,91349.881.98$9,731
Jan 20205,37857.252.09$11,266
Dec 20195,39759.012.30$12,437
Nov 20194,99555.302.75$13,740
Oct 20195,26853.472.42$12,741
Sep 20195,13055.052.66$13,632
Aug 20195,38853.112.30$12,416
Jul 20195,62956.272.46$13,848
Jun 20195,35752.782.49$13,345
May 20195,43458.482.74$14,891
Apr 20194,85962.632.75$13,366
Mar 20196,16256.803.06$18,869
Feb 20195,04550.852.79$14,087
Jan 20195,36546.033.23$17,319
Dec 20186,02446.594.19$25,213
Nov 20185,83552.934.24$24,724
Oct 20186,09561.443.40$20,711
Sep 20185,76959.543.11$17,930
Aug 20186,48559.403.07$19,887
Jul 20186,60665.142.93$19,368
Jun 20186,13860.183.08$18,886
May 20186,91265.382.90$20,050
Apr 20186,59663.842.90$19,134
Mar 20185,65561.222.79$15,760
Feb 20186,11361.782.77$16,909
Jan 20186,20862.874.01$24,890
Dec 20176,59657.272.92$19,270
Nov 20175,90555.423.12$18,414
Oct 20176,16549.292.98$18,394
Sep 20176,14547.523.09$18,971
Aug 20176,91545.373.00$20,775
Jul 20176,79443.873.09$20,975
Jun 20176,18542.493.09$19,095
May 20175,93445.373.26$19,365
Apr 20174,75447.933.21$15,268
Mar 20175,96646.772.98$17,801
Feb 20176,06350.452.95$17,902
Jan 20177,03049.413.42$24,034
Dec 20165,90748.763.72$21,991
Nov 20165,96842.492.64$15,781
Oct 20166,62446.193.09$20,470
Sep 20166,27241.553.10$19,447
Aug 20166,03941.442.92$17,660
Jul 20166,19141.622.92$18,105
Jun 20166,32345.352.69$16,983
May 20166,33642.521.99$12,615
Apr 20166,15336.561.99$12,251
Mar 20168,06233.011.79$14,463
Feb 20167,79626.472.06$16,088
Jan 20166,94227.352.36$16,413
Dec 20158,07832.362.00$16,167
Nov 20157,80738.792.17$16,920
Oct 20158,14443.552.43$19,762
Sep 20156,34542.992.76$17,502
Aug 20157,63340.162.87$21,926
Jul 20157,82948.152.95$23,057
Jun 20157,77056.152.88$22,400
May 20157,77755.212.96$22,985
Apr 20157,19849.822.71$19,482
Mar 20158,12442.892.93$23,842
Feb 20157,43344.662.98$22,122
Jan 20157,05543.433.10$21,875
Dec 20147,65554.693.59$27,492
Nov 20147,52870.464.25$32,008
Oct 20147,76178.303.90$30,275
Sep 20147,51886.164.05$30,414
Aug 20148,02489.394.04$32,378
Jul 20148,19996.564.18$34,269
Jun 20148,11698.164.74$38,445
May 20148,61394.734.73$40,710
Apr 20149,01695.944.81$43,359
Mar 20148,92795.895.06$45,142
Feb 20148,41497.406.19$52,099
Jan 20149,41390.404.86$45,754
Dec 201310,17091.824.35$44,285
Nov 201310,30188.853.74$38,508
Oct 201310,60897.423.78$40,091
Sep 201310,242104.113.72$38,077
Aug 201310,070104.253.52$35,473
Jul 201310,075102.523.72$37,456
Jun 201310,37394.403.93$40,801
May 201310,44894.834.15$43,350
Apr 201310,72393.964.28$45,922
Mar 201311,45793.623.91$44,830
Feb 201310,27291.233.42$35,129
Jan 201311,60791.603.42$39,695
Dec 201210,88486.773.42$37,225
Nov 201210,46686.953.62$37,939
Oct 201211,48489.383.40$39,042
Sep 201210,97594.672.92$32,029
Aug 201210,94592.662.91$31,830
Jul 201211,34685.133.02$34,274
Jun 201210,81079.822.52$27,231
May 201211,42391.612.49$28,424
Apr 201213,443101.652.00$26,843
Mar 201214,593105.052.22$32,427
Feb 201212,854101.102.57$33,038
Jan 201213,00698.092.73$35,559
Dec 201112,76096.873.24$41,339
Nov 201113,94895.723.31$46,186
Oct 201114,15684.983.65$51,649
Sep 201112,90683.623.99$51,441
Aug 201115,02783.404.15$62,352
Jul 201115,07094.144.52$68,075
Jun 201115,35892.904.64$71,259
May 201116,50698.134.40$72,706
Apr 201116,081105.964.33$69,683
Mar 201117,13996.364.06$69,539
Feb 201114,80585.644.18$61,885
Jan 201116,41386.504.59$75,316
Dec 201015,74385.734.35$68,447
Nov 201011,96780.843.80$45,419
Oct 201018,63478.103.51$65,385
Sep 201011,75172.633.98$46,763
Aug 201018,05373.684.42$79,783
Jul 201018,58772.554.74$88,037
Jun 201017,30670.364.91$84,979
May 201017,83571.124.24$75,535
Apr 201016,82481.694.12$69,360
Mar 201017,92178.394.39$78,649
Feb 201016,53673.585.44$89,995
Jan 201018,19974.365.96$108,540
Dec 200917,18271.445.48$94,222
Nov 200916,96474.593.75$63,640
Oct 200916,80072.544.11$69,052
Sep 200918,83865.543.06$57,734
Aug 200919,36867.423.22$62,336
Jul 200919,11161.133.46$66,210
Jun 200917,27766.163.90$67,294
May 200919,12654.743.93$75,084
Apr 200917,83146.773.59$63,969
Mar 200919,65442.144.06$79,776
Feb 200917,13332.814.63$79,377
Jan 200919,73635.865.37$106,002
Dec 200820,85337.105.98$124,641
Nov 200812,51955.496.86$85,885
Oct 200818,53075.246.92$128,264
Sep 200820,977101.767.88$165,238
Aug 200822,013114.228.48$186,737
Jul 200821,329131.0811.39$242,925
Jun 200811,175131.3313.03$145,640
May 200815,643123.1711.57$181,057
Apr 200814,477110.3110.45$151,355
Mar 200818,037101.909.66$174,311
Feb 200819,55392.538.77$171,491
Jan 200820,62090.388.21$169,202
Dec 200721,46288.337.30$156,715
Nov 200721,02391.677.29$153,293
Oct 200723,39482.856.92$161,933
Sep 200723,41175.846.24$146,182
Aug 200724,29469.066.39$155,189
Jul 200724,17570.906.39$154,428
Jun 200723,46062.007.55$177,087
May 200724,25058.747.85$190,272
Apr 200721,76359.617.81$169,865
Mar 200721,15656.927.30$154,480
Feb 200720,44355.108.22$167,960
Jan 200723,31450.306.73$156,830
Dec 200624,80556.656.92$171,612
Nov 200624,24454.207.62$184,678
Oct 200624,59254.906.01$147,891
Sep 200625,51160.085.04$128,504
Aug 200625,36168.717.34$186,148
Jul 200626,33969.376.34$167,062
Jun 200626,21466.286.38$167,347
May 200628,83366.016.42$185,252
Apr 200628,05264.397.36$206,476
Mar 200630,68856.707.08$217,361
Feb 200629,11457.597.75$225,666
Jan 200638,33860.598.93$342,486
Dec 200541,76954.9413.42$560,348
Nov 200540,38654.6910.59$427,623
Oct 200533,57858.3413.80$463,234
Sep 200544,62061.4512.08$538,965
Aug 200544,72861.519.80$438,193
Jul 200548,12255.697.84$377,452
Jun 200548,47852.337.38$357,818
May 200551,35645.226.65$341,577
Apr 200547,05749.207.36$346,362
Mar 200555,48250.377.15$396,967
Feb 200550,51745.226.31$318,859
Jan 200551,39043.166.32$324,898
Dec 200451,22739.866.75$345,838
Nov 200446,19945.286.33$292,459
Oct 200465,29549.706.52$425,403
Sep 200460,21543.245.28$318,170
Aug 2004042.375.55$0
Jul 2004038.286.08$0
Jun 2004036.106.43$0
May 20046,57337.486.49$42,689

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                  430 Mcf  × $  3.05 =     $1,310

────────────────────────────────────────────────────
Month total                                   $1,310

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/208381 is the state's own key, not one this site invented.