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 210105District 09Field 65280200GasSaveExport
Value, all time
$20.0 M
Aug 2004 – May 2026
Value, last 12 filed months
$78 k
at the published price for each month
Months reported
262
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
GasProduction3,329,965 Mcf$19,992,459
Total$19,992,459

Every month this lease reported (262)

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

262 months

May 20262,073106.413.05$6,314
Apr 20261,93898.932.87$5,562
Mar 20262,66989.753.15$8,406
Feb 2026063.503.75$0
Jan 2026059.138.00$0
Dec 20252,20456.664.41$9,727
Nov 20251,95058.593.93$7,657
Oct 20252,30859.383.30$7,628
Sep 20252,49262.743.08$7,668
Aug 20252,63263.933.01$7,935
Jul 20252,63566.743.32$8,736
Jun 20252,65066.483.13$8,291
May 20252,71860.553.23$8,785
Apr 20252,44062.363.54$8,645
Mar 20252,65467.704.27$11,328
Feb 20252,51770.884.34$10,926
Jan 20252,84474.324.28$12,169
Dec 20242,81568.993.12$8,787
Nov 20242,75569.052.20$6,057
Oct 20242,89171.372.28$6,596
Sep 20242,77269.612.36$6,554
Aug 20242,92375.632.06$6,032
Jul 20243,08979.932.15$6,631
Jun 20243,06678.082.63$8,076
May 20242,92978.812.20$6,439
Apr 20242,67484.451.66$4,437
Mar 20243,03880.301.55$4,694
Feb 20242,96276.091.78$5,283
Jan 20242,71673.023.30$8,956
Dec 20232,87171.262.61$7,495
Nov 20233,13177.892.81$8,790
Oct 20233,29785.443.09$10,179
Sep 20232,81589.042.74$7,699
Aug 20234,25280.522.67$11,365
Jul 20234,15774.852.64$10,982
Jun 20233,43968.962.26$7,767
May 20234,16270.622.23$9,270
Apr 20234,39678.122.24$9,837
Mar 20234,86972.852.39$11,652
Feb 20234,03875.112.47$9,956
Jan 20234,67476.533.39$15,834
Dec 20224,37276.415.73$25,048
Nov 20224,20085.005.65$23,714
Oct 20224,34487.185.86$25,472
Sep 20224,49384.888.16$36,679
Aug 20224,95294.529.13$45,198
Jul 2022810101.587.54$6,109
Jun 20222,194115.097.98$17,502
May 20224,605109.378.43$38,834
Apr 20224,379104.226.84$29,942
Mar 20225,046108.885.08$25,616
Feb 20224,40991.054.86$21,423
Jan 20222,21181.844.54$10,033
Dec 202142471.323.90$1,653
Nov 202110677.435.24$555
Oct 202152579.795.71$3,000
Sep 202162069.865.35$3,318
Aug 202152466.024.22$2,212
Jul 20212,15370.783.98$8,573
Jun 20213,10669.493.38$10,500
May 20213,35463.483.02$10,121
Apr 20213,10260.362.76$8,557
Mar 20213,29861.302.72$8,960
Feb 20212,36657.805.55$13,126
Jan 20212,92050.412.81$8,206
Dec 20201,48344.642.68$3,968
Nov 20201,58438.772.71$4,287
Oct 20201,88336.972.48$4,667
Sep 20201,60737.091.99$3,200
Aug 20204,26339.982.39$10,168
Jul 20204,51838.371.83$8,246
Jun 20204,17434.901.69$7,055
May 20204,81516.921.81$8,738
Apr 20204,85814.751.80$8,766
Mar 20205,27030.341.86$9,782
Feb 20203,86249.881.98$7,649
Jan 20204,12357.252.09$8,637
Dec 20194,01959.012.30$9,261
Nov 20193,85755.302.75$10,609
Oct 20194,08353.472.42$9,875
Sep 20194,38655.052.66$11,655
Aug 20195,03853.112.30$11,609
Jul 20194,24256.272.46$10,436
Jun 20193,62752.782.49$9,036
May 20193,95758.482.74$10,843
Apr 20194,41962.632.75$12,155
Mar 20194,82856.803.06$14,784
Feb 20194,43550.852.79$12,384
Jan 20194,84246.033.23$15,631
Dec 20185,00846.594.19$20,961
Nov 20185,51652.934.24$23,373
Oct 20185,72561.443.40$19,454
Sep 20185,12159.543.11$15,916
Aug 20185,75559.403.07$17,648
Jul 20182,70465.142.93$7,928
Jun 20182,71560.183.08$8,354
May 20182,61865.382.90$7,594
Apr 20182,70163.842.90$7,835
Mar 20182,18261.222.79$6,081
Feb 20184,33661.782.77$11,994
Jan 20184,24762.874.01$17,028
Dec 20174,70457.272.92$13,743
Nov 20172,40955.423.12$7,512
Oct 20174,51349.292.98$13,465
Sep 20175,23047.523.09$16,146
Aug 20176,54345.373.00$19,658
Jul 20175,87943.873.09$18,150
Jun 20176,21442.493.09$19,184
May 20176,91245.373.26$22,557
Apr 20176,45147.933.21$20,718
Mar 20176,99146.772.98$20,859
Feb 20176,43350.452.95$18,994
Jan 20177,14349.413.42$24,420
Dec 20165,22948.763.72$19,467
Nov 20166,88742.492.64$18,212
Oct 20166,36546.193.09$19,670
Sep 20166,74941.553.10$20,926
Aug 20166,53041.442.92$19,096
Jul 20165,72141.622.92$16,730
Jun 2016045.352.69$0
May 20163,96642.521.99$7,896
Apr 20167,04136.561.99$14,019
Mar 20167,07233.011.79$12,687
Feb 20166,37626.472.06$13,158
Jan 20167,39927.352.36$17,494
Dec 20157,70032.362.00$15,411
Nov 20157,78938.792.17$16,881
Oct 20157,72743.552.43$18,750
Sep 20157,96742.992.76$21,976
Aug 20155,23040.162.87$15,023
Jul 20156,57048.152.95$19,349
Jun 20156,28956.152.88$18,130
May 20156,16255.212.96$18,211
Apr 20156,26849.822.71$16,965
Mar 20156,55342.892.93$19,231
Feb 20156,07144.662.98$18,068
Jan 20157,06543.433.10$21,906
Dec 20147,35054.693.59$26,397
Nov 20147,48270.464.25$31,812
Oct 20147,74278.303.90$30,201
Sep 20147,07986.164.05$28,638
Aug 20147,43989.394.04$30,017
Jul 20146,20096.564.18$25,914
Jun 20146,75698.164.74$32,002
May 20147,24994.734.73$34,263
Apr 20147,26495.944.81$34,933
Mar 20148,20395.895.06$41,481
Feb 20147,59697.406.19$47,034
Jan 20148,24990.404.86$40,096
Dec 20138,50291.824.35$37,022
Nov 20138,52988.853.74$31,884
Oct 20138,81497.423.78$33,311
Sep 20138,607104.113.72$31,999
Aug 20139,369104.253.52$33,003
Jul 20138,790102.523.72$32,679
Jun 20138,83594.403.93$34,752
May 20138,15694.834.15$33,840
Apr 20138,15593.964.28$34,925
Mar 20138,50593.623.91$33,279
Feb 20137,37991.233.42$25,236
Jan 20137,96891.603.42$27,250
Dec 20127,43686.773.42$25,432
Nov 20127,49786.953.62$27,176
Oct 20128,19589.383.40$27,860
Sep 20128,80794.672.92$25,702
Aug 201210,11292.662.91$29,407
Jul 20129,68085.133.02$29,241
Jun 20128,87479.822.52$22,354
May 20129,46591.612.49$23,552
Apr 201212,474101.652.00$24,908
Mar 20129,693105.052.22$21,539
Feb 20129,393101.102.57$24,142
Jan 201210,57298.092.73$28,905
Dec 201110,67296.873.24$34,575
Nov 201110,37595.723.31$34,355
Oct 201111,61084.983.65$42,360
Sep 201111,34983.623.99$45,235
Aug 201111,38083.404.15$47,219
Jul 201110,16194.144.52$45,900
Jun 20119,52092.904.64$44,172
May 201112,17898.134.40$53,642
Apr 201112,669105.964.33$54,898
Mar 201114,63096.364.06$59,359
Feb 201114,80785.644.18$61,893
Jan 201113,09486.504.59$60,085
Dec 201015,21985.734.35$66,168
Nov 201013,17780.843.80$50,011
Oct 201013,03278.103.51$45,728
Sep 201015,97872.633.98$63,584
Aug 201012,61573.684.42$55,750
Jul 201018,46872.554.74$87,474
Jun 201017,25470.364.91$84,724
May 201018,63671.124.24$78,928
Apr 201018,40381.694.12$75,870
Mar 201019,75978.394.39$86,716
Feb 201017,12773.585.44$93,211
Jan 201019,75874.365.96$117,838
Dec 200920,90071.445.48$114,610
Nov 200921,50874.593.75$80,687
Oct 200921,80072.544.11$89,603
Sep 200921,14165.543.06$64,792
Aug 200919,26867.423.22$62,014
Jul 200920,33161.133.46$70,437
Jun 200921,29566.163.90$82,944
May 200921,20854.743.93$83,257
Apr 200920,82046.773.59$74,692
Mar 200922,68742.144.06$92,087
Feb 200921,12032.814.63$97,849
Jan 200913,73235.865.37$73,755
Dec 200822,42337.105.98$134,025
Nov 200820,93555.496.86$143,622
Oct 200819,78375.246.92$136,938
Sep 200819,944101.767.88$157,101
Aug 200822,504114.228.48$190,902
Jul 200819,284131.0811.39$219,634
Jun 20087,299131.3313.03$95,125
May 200814,609123.1711.57$169,089
Apr 200815,448110.3110.45$161,507
Mar 200820,415101.909.66$197,292
Feb 200822,40692.538.77$196,514
Jan 200823,72290.388.21$194,656
Dec 200722,23588.337.30$162,359
Nov 200720,52491.677.29$149,655
Oct 200724,23982.856.92$167,782
Sep 200725,46575.846.24$159,008
Aug 200725,09569.066.39$160,305
Jul 200725,61470.906.39$163,621
Jun 200724,50962.007.55$185,005
May 200727,14958.747.85$213,019
Apr 200727,38659.617.81$213,753
Mar 200729,80656.927.30$217,643
Feb 200728,66255.108.22$235,487
Jan 200731,39950.306.73$211,216
Dec 200632,51956.656.92$224,981
Nov 200634,05554.207.62$259,413
Oct 200636,47254.906.01$219,335
Sep 200641,91460.085.04$211,129
Aug 200633,62668.717.34$246,812
Jul 200636,87169.376.34$233,864
Jun 200633,76566.286.38$215,552
May 200638,28066.016.42$245,949
Apr 200639,53164.397.36$290,967
Mar 200642,57256.707.08$301,534
Feb 200637,63457.597.75$291,706
Jan 200646,48360.598.93$415,248
Dec 200551,85754.9413.42$695,682
Nov 200551,04754.6910.59$540,506
Oct 200557,93758.3413.80$799,285
Sep 200542,70661.4512.08$515,846
Aug 200545,13161.519.80$442,141
Jul 200542,01355.697.84$329,535
Jun 200565,31552.337.38$482,093
May 200564,13245.226.65$426,552
Apr 200560,12449.207.36$442,542
Mar 200567,32550.377.15$481,702
Feb 200557,22145.226.31$361,174
Jan 200545,12543.166.32$285,289
Dec 200452,04039.866.75$351,326
Nov 200459,46145.286.33$376,413
Oct 200444,71649.706.52$291,329
Sep 200459,51643.245.28$314,477
Aug 200430,70842.375.55$170,450

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                2,073 Mcf  × $  3.05 =     $6,314

────────────────────────────────────────────────────
Month total                                   $6,314

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/210105 is the state's own key, not one this site invented.