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 210598District 09Field 65280200CondensateGasSaveExport
Value, all time
$11.8 M
Jan 2005 – May 2026
Value, last 12 filed months
$9 k
at the published price for each month
Months reported
257
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
CondensateDisposition1 bbl$61
GasProduction2,032,922 Mcf$11,818,140
Total$11,818,202

Every month this lease reported (257)

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

257 months

May 202600106.413.05$0
Apr 20260098.932.87$0
Mar 20260089.753.15$0
Feb 20260063.503.75$0
Jan 20260059.138.00$0
Dec 202502956.664.41$128
Nov 20250058.593.93$0
Oct 20250059.383.30$0
Sep 20250262.743.08$6
Aug 2025034063.933.01$1,025
Jul 202501,19266.743.32$3,952
Jun 202501,25266.483.13$3,917
May 2025017160.553.23$553
Apr 202509862.363.54$347
Mar 202508467.704.27$359
Feb 2025047970.884.34$2,079
Jan 2025018674.324.28$796
Dec 2024036768.993.12$1,146
Nov 2024047869.052.20$1,051
Oct 2024093971.372.28$2,142
Sep 2024017369.612.36$409
Aug 2024013375.632.06$274
Jul 2024066679.932.15$1,430
Jun 202401,24278.082.63$3,271
May 202401,33278.812.20$2,928
Apr 202401,36684.451.66$2,266
Mar 202401,50680.301.55$2,327
Feb 202401,38076.091.78$2,461
Jan 202401,10473.023.30$3,641
Dec 202301,20571.262.61$3,146
Nov 202301,18877.892.81$3,335
Oct 202301,26185.443.09$3,893
Sep 202301,38389.042.74$3,783
Aug 202301,51380.522.67$4,044
Jul 202301,44874.852.64$3,825
Jun 202301,30468.962.26$2,945
May 202301,43470.622.23$3,194
Apr 202301,43678.122.24$3,213
Mar 202301,49072.852.39$3,566
Feb 202301,23775.112.47$3,050
Jan 202301,36676.533.39$4,628
Dec 202201,07076.415.73$6,130
Nov 202201,30285.005.65$7,351
Oct 202201,54587.185.86$9,060
Sep 2022089884.888.16$7,331
Aug 202201,61794.529.13$14,759
Jul 202201,630101.587.54$12,294
Jun 202201,870115.097.98$14,917
May 202201,929109.378.43$16,267
Apr 202201,978104.226.84$13,525
Mar 202202,062108.885.08$10,468
Feb 202202,08791.054.86$10,140
Jan 202202,38181.844.54$10,804
Dec 202101,84071.323.90$7,174
Nov 202101,62977.435.24$8,531
Oct 202101,74179.795.71$9,948
Sep 202101,74769.865.35$9,348
Aug 202102,39766.024.22$10,117
Jul 202102,54670.783.98$10,138
Jun 202102,50669.493.38$8,472
May 202102,57663.483.02$7,774
Apr 202102,52760.362.76$6,971
Mar 202103,02961.302.72$8,230
Feb 202102,24957.805.55$12,477
Jan 202102,86050.412.81$8,037
Dec 202002,91444.642.68$7,796
Nov 202002,93438.772.71$7,941
Oct 202001,75036.972.48$4,337
Sep 2020070637.091.99$1,406
Aug 2020094139.982.39$2,244
Jul 202001,77238.371.83$3,234
Jun 2020093434.901.69$1,579
May 2020080616.921.81$1,463
Apr 202002,07714.751.80$3,748
Mar 202002,36330.341.86$4,386
Feb 202003,14849.881.98$6,235
Jan 202003,25457.252.09$6,816
Dec 201903,37959.012.30$7,786
Nov 201903,38555.302.75$9,311
Oct 201903,45053.472.42$8,344
Sep 201903,42755.052.66$9,107
Aug 201903,41553.112.30$7,869
Jul 201903,27456.272.46$8,054
Jun 201903,34352.782.49$8,328
May 201903,36858.482.74$9,229
Apr 201903,21162.632.75$8,833
Mar 201903,14656.803.06$9,633
Feb 201903,02250.852.79$8,438
Jan 201903,45246.033.23$11,144
Dec 201803,49846.594.19$14,641
Nov 201801,59652.934.24$6,763
Oct 201803,19161.443.40$10,843
Sep 201802,87259.543.11$8,926
Aug 201803,10959.403.07$9,534
Jul 201802,53965.142.93$7,444
Jun 201801,71060.183.08$5,262
May 201802,65065.382.90$7,687
Apr 201803,03563.842.90$8,804
Mar 201802,91561.222.79$8,124
Feb 201803,23761.782.77$8,954
Jan 201803,76962.874.01$15,111
Dec 201703,98057.272.92$11,628
Nov 201704,06255.423.12$12,667
Oct 201704,28449.292.98$12,782
Sep 201704,28547.523.09$13,229
Aug 201704,34045.373.00$13,039
Jul 201703,92243.873.09$12,108
Jun 201703,93242.493.09$12,139
May 201704,12445.373.26$13,458
Apr 201704,28147.933.21$13,749
Mar 201704,36146.772.98$13,012
Feb 201704,17350.452.95$12,321
Jan 201704,80849.413.42$16,438
Dec 201605,03548.763.72$18,744
Nov 201604,76842.492.64$12,608
Oct 201605,09346.193.09$15,739
Sep 201604,69041.553.10$14,542
Aug 201605,15441.442.92$15,072
Jul 201606,23441.622.92$18,230
Jun 201606,92545.352.69$18,599
May 201606,60442.521.99$13,149
Apr 201606,14636.561.99$12,237
Mar 201606,37333.011.79$11,433
Feb 201605,73826.472.06$11,841
Jan 201606,58427.352.36$15,567
Dec 201507,41832.362.00$14,846
Nov 201507,13638.792.17$15,466
Oct 201507,62143.552.43$18,493
Sep 201507,85042.992.76$21,654
Aug 201508,58040.162.87$24,646
Jul 201509,17148.152.95$27,009
Jun 201509,18656.152.88$26,482
May 201509,98455.212.96$29,507
Apr 2015010,66049.822.71$28,852
Mar 2015012,16342.892.93$35,695
Feb 2015013,01944.662.98$38,747
Jan 2015017,24943.433.10$53,483
Dec 2014019,86454.693.59$71,339
Nov 2014026,17470.464.25$111,288
Oct 2014031,87278.303.90$124,331
Sep 201404,49386.164.05$18,176
Aug 201408,22489.394.04$33,185
Jul 201409,63096.564.18$40,250
Jun 201406,90898.164.74$32,722
May 201406,89894.734.73$32,604
Apr 201409,00595.944.81$43,306
Mar 201408,91795.895.06$45,091
Feb 201406,95997.406.19$43,090
Jan 201407,74690.404.86$37,651
Dec 201309,02491.824.35$39,295
Nov 201308,70688.853.74$32,545
Oct 201308,41697.423.78$31,807
Sep 201306,091104.113.72$22,645
Aug 201309,077104.253.52$31,975
Jul 201308,431102.523.72$31,344
Jun 201306,32194.403.93$24,863
May 201305,94994.834.15$24,683
Apr 201306,14993.964.28$26,334
Mar 201305,89093.623.91$23,047
Feb 201305,54591.233.42$18,963
Jan 201306,23291.603.42$21,313
Dec 201205,92286.773.42$20,254
Nov 201205,39486.953.62$19,553
Oct 201205,52089.383.40$18,766
Sep 201205,26094.672.92$15,351
Aug 201205,73592.662.91$16,678
Jul 201206,16985.133.02$18,635
Jun 201203,99079.822.52$10,051
May 201205,30291.612.49$13,193
Apr 201203,289101.652.00$6,567
Mar 201200105.052.22$0
Feb 201207101.102.57$18
Jan 201204398.092.73$118
Dec 201102596.873.24$81
Nov 201104295.723.31$139
Oct 2011015184.983.65$551
Sep 2011038583.623.99$1,535
Aug 2011019983.404.15$826
Jul 201106,93694.144.52$31,332
Jun 201108,41692.904.64$39,049
May 201109,57398.134.40$42,167
Apr 201109,829105.964.33$42,592
Mar 2011010,57096.364.06$42,886
Feb 201107,04485.644.18$29,444
Jan 201108,48486.504.59$38,931
Dec 201009,55185.734.35$41,525
Nov 201007,86480.843.80$29,846
Oct 201008,57378.103.51$30,082
Sep 201009,46072.633.98$37,646
Aug 2010011,03773.684.42$48,776
Jul 2010010,94472.554.74$51,836
Jun 2010010,42870.364.91$51,206
May 2010011,89371.124.24$50,369
Apr 2010011,60281.694.12$47,831
Mar 2010011,71578.394.39$51,413
Feb 2010011,46873.585.44$62,413
Jan 2010012,11674.365.96$72,261
Dec 2009013,27271.445.48$72,780
Nov 2009012,17374.593.75$45,667
Oct 2009012,64072.544.11$51,954
Sep 2009010,01865.543.06$30,703
Aug 2009013,11667.423.22$42,214
Jul 2009013,50361.133.46$46,781
Jun 2009013,13466.163.90$51,157
May 2009013,61354.743.93$53,441
Apr 2009013,41146.773.59$48,112
Mar 2009014,01642.144.06$56,891
Feb 2009013,34232.814.63$61,813
Jan 2009013,68835.865.37$73,518
Dec 2008014,90037.105.98$89,059
Nov 2008014,26955.496.86$97,890
Oct 2008015,23975.246.92$105,484
Sep 2008014,822101.767.88$116,754
Aug 2008015,061114.228.48$127,763
Jul 2008014,478131.0811.39$164,896
Jun 2008010,642131.3313.03$138,693
May 2008011,801123.1711.57$136,588
Apr 200808,835110.3110.45$92,369
Mar 200809,881101.909.66$95,491
Feb 2008010,10492.538.77$88,618
Jan 2008012,18290.388.21$99,962
Dec 2007012,46888.337.30$91,041
Nov 2007011,61891.677.29$84,715
Oct 2007011,17282.856.92$77,332
Sep 200704,77375.846.24$29,803
Aug 200706,94169.066.39$44,339
Jul 2007015,62170.906.39$99,786
Jun 2007015,48162.007.55$116,858
May 2007012,03958.747.85$94,461
Apr 2007014,03059.617.81$109,507
Mar 2007014,87156.927.30$108,588
Feb 2007015,20255.108.22$124,900
Jan 2007016,82950.306.73$113,206
Dec 2006017,08556.656.92$118,202
Nov 2006017,28854.207.62$131,691
Oct 2006018,82054.906.01$113,180
Sep 2006016,47060.085.04$82,963
Aug 2006018,12168.717.34$133,007
Jul 2006019,04369.376.34$120,785
Jun 2006018,22666.286.38$116,353
May 2006020,49066.016.42$131,648
Apr 2006021,74164.397.36$160,024
Mar 2006024,52256.707.08$173,687
Feb 2006023,03057.597.75$178,508
Jan 2006026,12460.598.93$233,374
Dec 2005027,93654.9413.42$374,773
Nov 2005029,29054.6910.59$310,134
Oct 2005030,28558.3413.80$417,805
Sep 2005114,57361.4512.08$176,089
Aug 2005042,66561.519.80$417,982
Jul 2005037,89055.697.84$297,196
Jun 2005046,66752.337.38$344,451
May 2005049,56345.226.65$329,651
Apr 2005040,26349.207.36$296,355
Mar 2005063,65950.377.15$455,473
Feb 2005053,25345.226.31$336,129
Jan 2005012,95143.166.32$81,879

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.

Dec 2025 — as filed, then multipliedworked
Condensate             0 bbl  × $ 56.66 =         $0
Gas                   29 Mcf  × $  4.41 =       $128

────────────────────────────────────────────────────
Month total                                     $128

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/210598 is the state's own key, not one this site invented.