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 208384District 09Field 65280200GasSaveExport
Value, all time
$14.2 M
Oct 2004 – May 2026
Value, last 12 filed months
$124 k
at the published price for each month
Months reported
260
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
GasProduction2,418,768 Mcf$14,191,602
Total$14,191,602

Every month this lease reported (260)

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

260 months

May 20263,607106.413.05$10,986
Apr 20262,87598.932.87$8,250
Mar 20264,05689.753.15$12,774
Feb 2026063.503.75$0
Jan 2026059.138.00$0
Dec 20253,27056.664.41$14,432
Nov 20253,66458.593.93$14,386
Oct 20253,73759.383.30$12,350
Sep 20253,93962.743.08$12,120
Aug 20254,08263.933.01$12,306
Jul 20254,11266.743.32$13,632
Jun 20254,02366.483.13$12,587
May 20254,01960.553.23$12,991
Apr 20253,87562.363.54$13,730
Mar 20254,00667.704.27$17,099
Feb 20253,55470.884.34$15,427
Jan 20254,10874.324.28$17,577
Dec 20244,04368.993.12$12,620
Nov 20244,01169.052.20$8,818
Oct 20244,18971.372.28$9,557
Sep 20243,91569.612.36$9,256
Aug 20244,42475.632.06$9,130
Jul 20244,44579.932.15$9,542
Jun 20244,32678.082.63$11,395
May 20244,12078.812.20$9,058
Apr 20244,45184.451.66$7,385
Mar 20244,52680.301.55$6,993
Feb 20244,06976.091.78$7,258
Jan 20244,41973.023.30$14,572
Dec 20234,76471.262.61$12,437
Nov 20235,00277.892.81$14,043
Oct 20235,45085.443.09$16,826
Sep 20235,77389.042.74$15,789
Aug 20231,90880.522.67$5,100
Jul 20232,03274.852.64$5,368
Jun 20233,09568.962.26$6,990
May 20233,77870.622.23$8,415
Apr 20233,27578.122.24$7,329
Mar 20232472.852.39$57
Feb 20233975.112.47$96
Jan 202311276.533.39$379
Dec 202241476.415.73$2,372
Nov 202255485.005.65$3,128
Oct 20221,80487.185.86$10,578
Sep 20222,33384.888.16$19,046
Aug 20222,44194.529.13$22,279
Jul 20222,923101.587.54$22,046
Jun 20222,451115.097.98$19,552
May 20222,304109.378.43$19,430
Apr 20222,243104.226.84$15,337
Mar 20222,207108.885.08$11,204
Feb 20221,98691.054.86$9,650
Jan 20222,49581.844.54$11,322
Dec 20212,77871.323.90$10,832
Nov 20212,70977.435.24$14,187
Oct 20212,74679.795.71$15,690
Sep 20212,74369.865.35$14,678
Aug 20212,75966.024.22$11,645
Jul 20211,94670.783.98$7,749
Jun 20212,01069.493.38$6,795
May 20212,09663.483.02$6,325
Apr 20212,05260.362.76$5,660
Mar 20212,13961.302.72$5,812
Feb 20211,45257.805.55$8,056
Jan 20212,12750.412.81$5,977
Dec 20202,95244.642.68$7,898
Nov 20202,95038.772.71$7,984
Oct 20203,06136.972.48$7,586
Sep 20202,90437.091.99$5,782
Aug 20202,05939.982.39$4,911
Jul 202092938.371.83$1,696
Jun 202085734.901.69$1,449
May 20201,17516.921.81$2,132
Apr 20201,69514.751.80$3,058
Mar 202081330.341.86$1,509
Feb 20202,99949.881.98$5,940
Jan 20203,49157.252.09$7,313
Dec 20193,78659.012.30$8,724
Nov 20194,31255.302.75$11,861
Oct 20193,27953.472.42$7,930
Sep 20193,56855.052.66$9,481
Aug 20193,77853.112.30$8,706
Jul 20193,93056.272.46$9,668
Jun 20193,51752.782.49$8,762
May 20193,94258.482.74$10,802
Apr 20194,20862.632.75$11,575
Mar 20193,51756.803.06$10,769
Feb 20193,48750.852.79$9,736
Jan 20193,69946.033.23$11,941
Dec 20183,93446.594.19$16,466
Nov 20183,82952.934.24$16,224
Oct 20183,98061.443.40$13,524
Sep 20184,13659.543.11$12,855
Aug 20184,63859.403.07$14,223
Jul 20184,90165.142.93$14,369
Jun 20184,68660.183.08$14,418
May 20184,72065.382.90$13,692
Apr 20184,69663.842.90$13,622
Mar 20184,50461.222.79$12,552
Feb 20183,96261.782.77$10,959
Jan 20184,15162.874.01$16,643
Dec 20174,38557.272.92$12,811
Nov 20174,26355.423.12$13,294
Oct 20174,21449.292.98$12,573
Sep 20173,99747.523.09$12,340
Aug 20174,01945.373.00$12,075
Jul 20174,02643.873.09$12,429
Jun 20173,63542.493.09$11,222
May 20173,60945.373.26$11,778
Apr 20173,70847.933.21$11,909
Mar 20173,55346.772.98$10,601
Feb 20173,56350.452.95$10,520
Jan 20173,76649.413.42$12,875
Dec 20164,10548.763.72$15,282
Nov 20163,78642.492.64$10,012
Oct 20164,19446.193.09$12,961
Sep 20164,08441.553.10$12,663
Aug 20164,64241.442.92$13,575
Jul 20165,08941.622.92$14,882
Jun 20165,39045.352.69$14,477
May 20165,06942.521.99$10,093
Apr 20164,73536.561.99$9,428
Mar 20165,04733.011.79$9,054
Feb 20164,81026.472.06$9,926
Jan 20164,97727.352.36$11,767
Dec 20155,18732.362.00$10,381
Nov 20155,30438.792.17$11,496
Oct 20155,57143.552.43$13,518
Sep 20155,26842.992.76$14,531
Aug 20155,54340.162.87$15,922
Jul 20155,22548.152.95$15,388
Jun 20155,14056.152.88$14,818
May 20155,91255.212.96$17,473
Apr 20155,89549.822.71$15,955
Mar 20156,43542.892.93$18,885
Feb 20155,88744.662.98$17,521
Jan 20156,85343.433.10$21,249
Dec 20146,26954.693.59$22,514
Nov 20146,17070.464.25$26,234
Oct 20147,03478.303.90$27,439
Sep 20146,65186.164.05$26,906
Aug 20147,00189.394.04$28,250
Jul 20147,30896.564.18$30,545
Jun 20147,46798.164.74$35,370
May 20147,83094.734.73$37,009
Apr 20146,77395.944.81$32,572
Mar 20147,95895.895.06$40,242
Feb 20146,00197.406.19$37,158
Jan 20147,15690.404.86$34,783
Dec 20136,99491.824.35$30,455
Nov 20137,74388.853.74$28,946
Oct 20138,21997.423.78$31,063
Sep 20138,142104.113.72$30,270
Aug 20138,197104.253.52$28,875
Jul 20138,207102.523.72$30,511
Jun 20138,30594.403.93$32,667
May 20138,84194.834.15$36,682
Apr 20138,24293.964.28$35,297
Mar 20138,63993.623.91$33,803
Feb 20137,60491.233.42$26,005
Jan 20138,16091.603.42$27,906
Dec 20128,88186.773.42$30,374
Nov 20128,35586.953.62$30,287
Oct 20129,11489.383.40$30,985
Sep 20128,69594.672.92$25,375
Aug 20128,68792.662.91$25,263
Jul 20128,86485.133.02$26,776
Jun 20128,91079.822.52$22,445
May 20128,86991.612.49$22,069
Apr 201210,170101.652.00$20,307
Mar 20129,859105.052.22$21,907
Feb 20128,291101.102.57$21,310
Jan 20128,80698.092.73$24,076
Dec 201110,07596.873.24$32,640
Nov 201110,39095.723.31$34,404
Oct 20119,64984.983.65$35,205
Sep 20118,82983.623.99$35,191
Aug 20119,47283.404.15$39,302
Jul 201110,71594.144.52$48,402
Jun 201110,90092.904.64$50,575
May 201110,51998.134.40$46,334
Apr 20119,977105.964.33$43,233
Mar 20118,63996.364.06$35,051
Feb 201111,16485.644.18$46,665
Jan 201111,02486.504.59$50,587
Dec 20109,35985.734.35$40,691
Nov 201010,24980.843.80$38,898
Oct 201011,21878.103.51$39,363
Sep 20109,89772.633.98$39,385
Aug 201011,56373.684.42$51,101
Jul 201010,85472.554.74$51,410
Jun 201010,87870.364.91$53,415
May 201011,57371.124.24$49,014
Apr 201011,33081.694.12$46,710
Mar 201011,85178.394.39$52,010
Feb 201010,71773.585.44$58,326
Jan 201012,10074.365.96$72,165
Dec 200912,54471.445.48$68,788
Nov 200912,66774.593.75$47,520
Oct 200914,12072.544.11$58,037
Sep 20095,98465.543.06$18,339
Aug 200913,17767.423.22$42,410
Jul 200915,70361.133.46$54,403
Jun 200913,28266.163.90$51,733
May 200914,96754.743.93$58,757
Apr 200914,48046.773.59$51,947
Mar 200914,64042.144.06$59,424
Feb 200912,27632.814.63$56,875
Jan 200911,87135.865.37$63,759
Dec 200813,68937.105.98$81,821
Nov 20085,31055.496.86$36,429
Oct 200814,72475.246.92$101,919
Sep 200816,322101.767.88$128,570
Aug 200816,888114.228.48$143,261
Jul 200814,778131.0811.39$168,313
Jun 20086,899131.3313.03$89,912
May 200811,022123.1711.57$127,572
Apr 20089,521110.3110.45$99,541
Mar 200814,216101.909.66$137,384
Feb 200813,17992.538.77$115,587
Jan 200814,20990.388.21$116,595
Dec 200714,36988.337.30$104,922
Nov 200714,41291.677.29$105,088
Oct 200715,33782.856.92$106,162
Sep 200716,26475.846.24$101,555
Aug 200716,61469.066.39$106,129
Jul 200717,40470.906.39$111,176
Jun 200719,17762.007.55$144,757
May 200720,24858.747.85$158,871
Apr 200720,45759.617.81$159,671
Mar 200720,79256.927.30$151,823
Feb 200721,40255.108.22$175,839
Jan 200719,69350.306.73$132,472
Dec 200622,00156.656.92$152,213
Nov 200621,76354.207.62$165,779
Oct 200626,03854.906.01$156,587
Sep 200626,55060.085.04$133,738
Aug 200617,05568.717.34$125,182
Jul 200626,50769.376.34$168,128
Jun 200626,02666.286.38$166,147
May 200635,52266.016.42$228,229
Apr 200635,53264.397.36$261,533
Mar 200637,13456.707.08$263,017
Feb 200634,61457.597.75$268,297
Jan 200640,04460.598.93$357,726
Dec 200542,81554.9413.42$574,380
Nov 200542,51654.6910.59$450,176
Oct 200536,52458.3413.80$503,876
Sep 200540,14461.4512.08$484,899
Aug 200534,39761.519.80$336,982
Jul 200531,14455.697.84$244,282
Jun 200536,95052.337.38$272,729
May 200536,83545.226.65$244,995
Apr 200531,88249.207.36$234,667
Mar 200530,82550.377.15$220,549
Feb 200530,83745.226.31$194,641
Jan 200546,28343.166.32$292,610
Dec 200435,86039.866.75$242,094
Nov 200426,30545.286.33$166,522
Oct 200413,91449.706.52$90,651

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                3,607 Mcf  × $  3.05 =    $10,986

────────────────────────────────────────────────────
Month total                                  $10,986

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/208384 is the state's own key, not one this site invented.