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 210438District 09Field 65280200CondensateGasSaveExport
Value, all time
$18.1 M
Jun 2005 – May 2026
Value, last 12 filed months
$114 k
at the published price for each month
Months reported
252
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
CondensateDisposition4 bbl$328
GasProduction2,923,364 Mcf$18,108,804
Total$18,109,133

Every month this lease reported (252)

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

252 months

May 202603,533106.413.05$10,761
Apr 202603,81498.932.87$10,945
Mar 202602,65089.753.15$8,346
Feb 20260063.503.75$0
Jan 20260059.138.00$0
Dec 202502,54756.664.41$11,241
Nov 202503,28258.593.93$12,887
Oct 202503,54559.383.30$11,716
Sep 202503,85362.743.08$11,855
Aug 202503,56463.933.01$10,745
Jul 202503,93466.743.32$13,042
Jun 202504,13766.483.13$12,944
May 202504,27460.553.23$13,815
Apr 202503,80162.363.54$13,467
Mar 202504,03667.704.27$17,227
Feb 202503,60070.884.34$15,627
Jan 202504,18274.324.28$17,893
Dec 202404,24768.993.12$13,256
Nov 202404,11469.052.20$9,044
Oct 202404,52271.372.28$10,316
Sep 202404,58469.612.36$10,838
Aug 202405,06475.632.06$10,450
Jul 202405,17979.932.15$11,117
Jun 202405,16178.082.63$13,594
May 202404,20178.812.20$9,236
Apr 202404,05384.451.66$6,725
Mar 202404,22280.301.55$6,524
Feb 202403,94376.091.78$7,033
Jan 202403,74473.023.30$12,346
Dec 202304,24271.262.61$11,075
Nov 202304,20277.892.81$11,797
Oct 202303,71685.443.09$11,472
Sep 202303,71389.042.74$10,155
Aug 202303,91380.522.67$10,459
Jul 202303,80274.852.64$10,044
Jun 202303,64268.962.26$8,225
May 202303,78870.622.23$8,437
Apr 202303,73578.122.24$8,358
Mar 202304,09572.852.39$9,800
Feb 202303,59175.112.47$8,854
Jan 202303,91976.533.39$13,276
Dec 202203,93876.415.73$22,561
Nov 202204,04185.005.65$22,816
Oct 202204,76487.185.86$27,935
Sep 202204,82184.888.16$39,357
Aug 202205,17894.529.13$47,260
Jul 202205,439101.587.54$41,021
Jun 202205,363115.097.98$42,782
May 202205,627109.378.43$47,453
Apr 202205,698104.226.84$38,961
Mar 202205,933108.885.08$30,118
Feb 202204,90391.054.86$23,823
Jan 202205,81081.844.54$26,364
Dec 202105,51271.323.90$21,492
Nov 202104,55477.435.24$23,849
Oct 202105,31879.795.71$30,386
Sep 202105,63369.865.35$30,142
Aug 202103,36866.024.22$14,215
Jul 202101770.783.98$68
Jun 202101269.493.38$41
May 202101063.483.02$30
Apr 20210960.362.76$25
Mar 202105461.302.72$147
Feb 2021087057.805.55$4,827
Jan 202101,81850.412.81$5,109
Dec 202001,94944.642.68$5,214
Nov 202001,94838.772.71$5,272
Oct 202001,87436.972.48$4,645
Sep 202002,11737.091.99$4,215
Aug 202002,11439.982.39$5,042
Jul 202001,90238.371.83$3,471
Jun 202001,59134.901.69$2,689
May 202002,25416.921.81$4,090
Apr 202002,09514.751.80$3,780
Mar 202001,79330.341.86$3,328
Feb 202001,42849.881.98$2,828
Jan 202002,22657.252.09$4,663
Dec 201901,94259.012.30$4,475
Nov 201902,10955.302.75$5,801
Oct 201901,74953.472.42$4,230
Sep 201901,60955.052.66$4,276
Aug 201902,04253.112.30$4,706
Jul 201902,70156.272.46$6,645
Jun 201902,82052.782.49$7,025
May 201903,20158.482.74$8,772
Apr 201903,74762.632.75$10,307
Mar 201904,67456.803.06$14,312
Feb 201905,35450.852.79$14,950
Jan 201904,97846.033.23$16,070
Dec 201804,48446.594.19$18,768
Nov 201803,78852.934.24$16,051
Oct 201804,14461.443.40$14,082
Sep 201803,96559.543.11$12,323
Aug 201804,31059.403.07$13,217
Jul 201804,72265.142.93$13,844
Jun 201804,59260.183.08$14,129
May 201804,82565.382.90$13,996
Apr 201803,91563.842.90$11,357
Mar 201804,17361.222.79$11,629
Feb 201804,10461.782.77$11,352
Jan 201804,38762.874.01$17,589
Dec 201704,15257.272.92$12,130
Nov 201703,74155.423.12$11,666
Oct 201703,94749.292.98$11,777
Sep 201703,92547.523.09$12,118
Aug 201704,35745.373.00$13,090
Jul 201704,72543.873.09$14,587
Jun 201704,57942.493.09$14,137
May 201704,63445.373.26$15,123
Apr 201704,41547.933.21$14,179
Mar 201704,89446.772.98$14,602
Feb 201704,27150.452.95$12,611
Jan 201705,17449.413.42$17,689
Dec 201605,37548.763.72$20,010
Nov 201604,51142.492.64$11,929
Oct 201605,06846.193.09$15,661
Sep 201605,03941.553.10$15,624
Aug 201605,73241.442.92$16,762
Jul 201605,47641.622.92$16,014
Jun 201605,82645.352.69$15,648
May 201606,38642.521.99$12,715
Apr 201606,76636.561.99$13,471
Mar 201605,36833.011.79$9,630
Feb 201606,00526.472.06$12,392
Jan 201606,65527.352.36$15,735
Dec 201506,69532.362.00$13,399
Nov 201508,34138.792.17$18,078
Oct 2015010,10643.552.43$24,523
Sep 201504,78742.992.76$13,205
Aug 201504,92540.162.87$14,147
Jul 201504,55948.152.95$13,427
Jun 201504,16756.152.88$12,013
May 201503,87555.212.96$11,452
Apr 201504,14049.822.71$11,205
Mar 201504,44642.892.93$13,048
Feb 201504,00644.662.98$11,923
Jan 201505,10943.433.10$15,841
Dec 201405,25354.693.59$18,865
Nov 201405,14870.464.25$21,888
Oct 201404,94578.303.90$19,290
Sep 201405,57786.164.05$22,561
Aug 201406,56989.394.04$26,507
Jul 201407,49996.564.18$31,343
Jun 201407,10498.164.74$33,651
May 201406,13294.734.73$28,983
Apr 201406,27395.944.81$30,168
Mar 201406,74595.895.06$34,108
Feb 201404,83297.406.19$29,920
Jan 201403,86390.404.86$18,777
Dec 201304,98591.824.35$21,707
Nov 201305,78888.853.74$21,637
Oct 201307,73597.423.78$29,233
Sep 201307,275104.113.72$27,047
Aug 201307,173104.253.52$25,268
Jul 201307,970102.523.72$29,630
Jun 201308,59094.403.93$33,788
May 201309,85494.834.15$40,885
Apr 201309,17793.964.28$39,301
Mar 201309,54893.623.91$37,360
Feb 201308,62591.233.42$29,497
Jan 201308,68191.603.42$29,688
Dec 201208,52686.773.42$29,160
Nov 201209,25986.953.62$33,564
Oct 2012010,19789.383.40$34,667
Sep 2012010,01094.672.92$29,213
Aug 2012011,65592.662.91$33,895
Jul 2012012,74185.133.02$38,488
Jun 2012011,55179.822.52$29,097
May 2012012,99091.612.49$32,323
Apr 2012013,913101.652.00$27,781
Mar 2012015,072105.052.22$33,491
Feb 2012013,945101.102.57$35,842
Jan 2012018,49298.092.73$50,559
Dec 2011013,34596.873.24$43,234
Nov 2011011,28395.723.31$37,361
Oct 2011011,33984.983.65$41,371
Sep 201104,34583.623.99$17,318
Aug 201103,16483.404.15$13,128
Jul 201103,13494.144.52$14,157
Jun 201107,53892.904.64$34,975
May 2011010,74798.134.40$47,339
Apr 2011010,085105.964.33$43,701
Mar 2011110,19496.364.06$41,457
Feb 201119,69885.644.18$40,623
Jan 2011011,11886.504.59$51,018
Dec 2010011,24985.734.35$48,908
Nov 201018,46980.843.80$32,223
Oct 201008,80478.103.51$30,892
Sep 201007,90372.633.98$31,450
Aug 201009,01973.684.42$39,858
Jul 2010014,73672.554.74$69,797
Jun 2010013,11870.364.91$64,415
May 2010017,97171.124.24$76,111
Apr 2010017,98281.694.12$74,134
Mar 2010019,06878.394.39$83,683
Feb 2010017,60373.585.44$95,802
Jan 2010018,96974.365.96$113,133
Dec 2009021,21971.445.48$116,360
Nov 2009021,34574.593.75$80,076
Oct 2009020,40872.544.11$83,882
Sep 2009122,81465.543.06$69,985
Aug 2009021,23267.423.22$68,335
Jul 2009017,32561.133.46$60,022
Jun 2009017,36866.163.90$67,648
May 2009018,39854.743.93$72,226
Apr 2009018,61746.773.59$66,788
Mar 2009018,61142.144.06$75,542
Feb 2009017,85032.814.63$82,699
Jan 2009020,13135.865.37$108,124
Dec 2008020,16337.105.98$120,517
Nov 2008019,14455.496.86$131,335
Oct 2008020,78475.246.92$143,866
Sep 2008020,512101.767.88$161,575
Aug 2008022,744114.228.48$192,938
Jul 2008020,089131.0811.39$228,802
Jun 2008015,869131.3313.03$206,815
May 2008018,972123.1711.57$219,587
Apr 2008021,454110.3110.45$224,299
Mar 2008024,046101.909.66$232,382
Feb 2008021,74792.538.77$190,734
Jan 2008025,94890.388.21$212,922
Dec 2007026,02588.337.30$190,034
Nov 2007026,37691.677.29$192,326
Oct 2007028,65982.856.92$198,377
Sep 2007025,56475.846.24$159,626
Aug 2007039,69169.066.39$253,544
Jul 2007045,00070.906.39$287,457
Jun 2007033,88762.007.55$255,794
May 2007035,92858.747.85$281,901
Apr 2007036,25859.617.81$283,001
Mar 2007038,04556.927.30$277,803
Feb 2007035,83355.108.22$294,404
Jan 2007041,63050.306.73$280,039
Dec 2006023,40256.656.92$161,905
Nov 2006028,67354.207.62$218,416
Oct 2006034,09754.906.01$205,053
Sep 2006034,17060.085.04$172,121
Aug 2006033,30668.717.34$244,463
Jul 2006036,87069.376.34$233,858
Jun 2006054,14566.286.38$345,655
May 2006062,33066.016.42$400,470
Apr 2006062,36064.397.36$459,000
Mar 2006065,19556.707.08$461,771
Feb 2006061,22357.597.75$474,547
Jan 2006069,88860.598.93$624,332
Dec 2005067,74154.9413.42$908,773
Nov 2005063,73754.6910.59$674,873
Oct 2005058,00958.3413.80$800,278
Sep 2005058,98661.4512.08$712,492
Aug 2005049,23161.519.80$482,308
Jul 2005035,10555.697.84$275,351
Jun 20050052.337.38$0

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
Condensate             0 bbl  × $106.41 =         $0
Gas                3,533 Mcf  × $  3.05 =    $10,761

────────────────────────────────────────────────────
Month total                                  $10,761

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/210438 is the state's own key, not one this site invented.