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 211616District 09Field 65280200CondensateGasSaveExport
Value, all time
$4.3 M
Mar 2005 – May 2026
Value, last 12 filed months
$0
at the published price for each month
Months reported
255
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
CondensateDisposition75 bbl$6,063
GasProduction661,189 Mcf$4,255,623
Total$4,261,687

Every month this lease reported (255)

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

255 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 20250056.664.41$0
Nov 20250058.593.93$0
Oct 20250059.383.30$0
Sep 20250062.743.08$0
Aug 20250063.933.01$0
Jul 20250066.743.32$0
Jun 20250066.483.13$0
May 20250060.553.23$0
Apr 20250062.363.54$0
Mar 20250067.704.27$0
Feb 20250070.884.34$0
Jan 20250074.324.28$0
Dec 20240068.993.12$0
Nov 20240069.052.20$0
Oct 20240071.372.28$0
Sep 20240069.612.36$0
Aug 20240175.632.06$2
Jul 20240079.932.15$0
Jun 20240478.082.63$11
May 20240378.812.20$7
Apr 2024010184.451.66$168
Mar 2024087480.301.55$1,350
Feb 2024081876.091.78$1,459
Jan 2024082373.023.30$2,714
Dec 2023085371.262.61$2,227
Nov 2023084277.892.81$2,364
Oct 2023083585.443.09$2,578
Sep 2023084689.042.74$2,314
Aug 2023087480.522.67$2,336
Jul 2023086274.852.64$2,277
Jun 2023084668.962.26$1,911
May 2023087470.622.23$1,947
Apr 2023084678.122.24$1,893
Mar 2023087472.852.39$2,092
Feb 2023079075.112.47$1,948
Jan 2023087476.533.39$2,961
Dec 2022087476.415.73$5,007
Nov 2022084685.005.65$4,777
Oct 2022087487.185.86$5,125
Sep 2022084684.888.16$6,906
Aug 2022087094.529.13$7,941
Jul 20220874101.587.54$6,592
Jun 20220846115.097.98$6,749
May 20220874109.378.43$7,370
Apr 20220846104.226.84$5,785
Mar 20220874108.885.08$4,437
Feb 2022078191.054.86$3,795
Jan 2022089381.844.54$4,052
Dec 2021089371.323.90$3,482
Nov 2021086477.435.24$4,525
Oct 2021089379.795.71$5,102
Sep 2021086469.865.35$4,623
Aug 2021081866.024.22$3,452
Jul 2021089270.783.98$3,552
Jun 2021085469.493.38$2,887
May 2021088363.483.02$2,665
Apr 2021079660.362.76$2,196
Mar 2021088361.302.72$2,399
Feb 2021067157.805.55$3,723
Jan 2021088350.412.81$2,481
Dec 2020088344.642.68$2,362
Nov 2020085038.772.71$2,301
Oct 2020087236.972.48$2,161
Sep 2020085437.091.99$1,700
Aug 2020088339.982.39$2,106
Jul 2020088338.371.83$1,612
Jun 2020085434.901.69$1,444
May 2020086916.921.81$1,577
Apr 2020084014.751.80$1,516
Mar 2020088330.341.86$1,639
Feb 2020082649.881.98$1,636
Jan 2020088357.252.09$1,850
Dec 2019087359.012.30$2,012
Nov 2019085455.302.75$2,349
Oct 201901,61653.472.42$3,908
Sep 2019085455.052.66$2,269
Aug 2019088353.112.30$2,035
Jul 2019086256.272.46$2,121
Jun 2019082752.782.49$2,060
May 2019088158.482.74$2,414
Apr 2019085162.632.75$2,341
Mar 2019088356.803.06$2,704
Feb 2019077850.852.79$2,172
Jan 2019088346.033.23$2,850
Dec 2018088346.594.19$3,696
Nov 201801,20752.934.24$5,114
Oct 2018087361.443.40$2,967
Sep 2018081759.543.11$2,539
Aug 2018088159.403.07$2,702
Jul 2018088165.142.93$2,583
Jun 2018085460.183.08$2,628
May 2018084665.382.90$2,454
Apr 2018085063.842.90$2,466
Mar 2018084461.222.79$2,352
Feb 2018076961.782.77$2,127
Jan 2018086462.874.01$3,464
Dec 2017085757.272.92$2,504
Nov 201701,01955.423.12$3,178
Oct 201701,27449.292.98$3,801
Sep 201701,41947.523.09$4,381
Aug 201701,83845.373.00$5,522
Jul 20170043.873.09$0
Jun 2017049742.493.09$1,534
May 20170045.373.26$0
Apr 201709047.933.21$289
Mar 20170046.772.98$0
Feb 20170050.452.95$0
Jan 20170049.413.42$0
Dec 20160048.763.72$0
Nov 201602,42442.492.64$6,410
Oct 201601,67246.193.09$5,167
Sep 201602,28841.553.10$7,094
Aug 201601,12641.442.92$3,293
Jul 2016044741.622.92$1,307
Jun 20160045.352.69$0
May 20160042.521.99$0
Apr 20160036.561.99$0
Mar 20160033.011.79$0
Feb 20160026.472.06$0
Jan 20160027.352.36$0
Dec 20150032.362.00$0
Nov 201502,74938.792.17$5,958
Oct 201503,01543.552.43$7,316
Sep 2015070342.992.76$1,939
Aug 2015041740.162.87$1,198
Jul 2015061948.152.95$1,823
Jun 2015021656.152.88$623
May 20150855.212.96$24
Apr 20150049.822.71$0
Mar 20150042.892.93$0
Feb 2015050844.662.98$1,512
Jan 2015036143.433.10$1,119
Dec 201404,00054.693.59$14,365
Nov 201406,91870.464.25$29,414
Oct 2014011,36578.303.90$44,334
Sep 201402,96086.164.05$11,975
Aug 201406,01889.394.04$24,283
Jul 201405,88296.564.18$24,584
Jun 201405,98598.164.74$28,350
May 201406,62094.734.73$31,290
Apr 201405,59995.944.81$26,926
Mar 201406,65895.895.06$33,668
Feb 201406,29897.406.19$38,997
Jan 201402,01290.404.86$9,780
Dec 201304,78791.824.35$20,845
Nov 201306,68988.853.74$25,005
Oct 201307,51297.423.78$28,391
Sep 201306,524104.113.72$24,255
Aug 201302,182104.253.52$7,686
Jul 201300102.523.72$0
Jun 20130094.403.93$0
May 20130094.834.15$0
Apr 20130093.964.28$0
Mar 20130093.623.91$0
Feb 20130091.233.42$0
Jan 20130091.603.42$0
Dec 20120086.773.42$0
Nov 20120086.953.62$0
Oct 20120089.383.40$0
Sep 20120094.672.92$0
Aug 20120092.662.91$0
Jul 20120085.133.02$0
Jun 20120079.822.52$0
May 20120091.612.49$0
Apr 201200101.652.00$0
Mar 201200105.052.22$0
Feb 201200101.102.57$0
Jan 2012068898.092.73$1,881
Dec 20110096.873.24$0
Nov 20110095.723.31$0
Oct 20110084.983.65$0
Sep 20110083.623.99$0
Aug 20110083.404.15$0
Jul 2011059994.144.52$2,706
Jun 2011066692.904.64$3,090
May 2011568898.134.40$3,521
Apr 201101,956105.964.33$8,476
Mar 2011579896.364.06$3,720
Feb 2011768785.644.18$3,471
Jan 201143,67186.504.59$17,191
Dec 201035,89885.734.35$25,900
Nov 201035,43780.843.80$20,878
Oct 201013,46978.103.51$12,250
Sep 2010484872.633.98$3,665
Aug 2010068873.684.42$3,041
Jul 201007,04272.554.74$33,354
Jun 201056,88270.364.91$34,145
May 201046,52771.124.24$27,928
Apr 2010135,99981.694.12$25,794
Mar 201037,16178.394.39$31,662
Feb 201035,76273.585.44$31,580
Jan 201007,40274.365.96$44,146
Dec 200927,13271.445.48$39,253
Nov 200947,68274.593.75$29,117
Oct 200908,19272.544.11$33,671
Sep 200956,84565.543.06$21,306
Aug 200906,93467.423.22$22,317
Jul 200909,98861.133.46$34,603
Jun 2009010,53066.163.90$41,014
May 200908,02254.743.93$31,492
Apr 200909,99946.773.59$35,871
Mar 200909,77742.144.06$39,685
Feb 200908,54832.814.63$39,603
Jan 200907,56135.865.37$40,610
Dec 200802,51637.105.98$15,038
Nov 200803,77055.496.86$25,864
Oct 200826,62375.246.92$45,995
Sep 2008210,246101.767.88$80,912
Aug 2008011,317114.228.48$96,002
Jul 200809,267131.0811.39$105,546
Jun 200807,791131.3313.03$101,537
May 200807,665123.1711.57$88,717
Apr 200800110.3110.45$0
Mar 200800101.909.66$0
Feb 20080092.538.77$0
Jan 20080090.388.21$0
Dec 20070088.337.30$0
Nov 20070091.677.29$0
Oct 20070082.856.92$0
Sep 20070075.846.24$0
Aug 20070069.066.39$0
Jul 20070070.906.39$0
Jun 200701762.007.55$128
May 20070058.747.85$0
Apr 20070059.617.81$0
Mar 20070056.927.30$0
Feb 20070055.108.22$0
Jan 20070050.306.73$0
Dec 20060056.656.92$0
Nov 20060054.207.62$0
Oct 20060054.906.01$0
Sep 20060060.085.04$0
Aug 20060068.717.34$0
Jul 20060069.376.34$0
Jun 20060066.286.38$0
May 20060066.016.42$0
Apr 20060064.397.36$0
Mar 20060056.707.08$0
Feb 200607,03457.597.75$54,521
Jan 2006019,68960.598.93$175,888
Dec 2005014,60354.9413.42$195,905
Nov 2005016,15254.6910.59$171,024
Oct 2005020,57458.3413.80$283,834
Sep 2005024,25661.4512.08$292,988
Aug 2005022,28861.519.80$218,352
Jul 2005028,91955.697.84$226,830
Jun 2005032,47252.337.38$239,677
May 2005038,93145.226.65$258,936
Apr 2005016,09949.207.36$118,496
Mar 20050050.377.15$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.

Aug 2024 — as filed, then multipliedworked
Condensate             0 bbl  × $ 75.63 =         $0
Gas                    1 Mcf  × $  2.06 =         $2

────────────────────────────────────────────────────
Month total                                       $2

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/211616 is the state's own key, not one this site invented.