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 65280200GasSave
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

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.