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 212761District 09Field 65280200CondensateGasSaveExport
Value, all time
$4.6 M
Sep 2005 – May 2026
Value, last 12 filed months
$22 k
at the published price for each month
Months reported
249
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
CondensateDisposition8 bbl$681
GasProduction726,646 Mcf$4,569,955
Total$4,570,636

Every month this lease reported (249)

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

249 months

May 20260576106.413.05$1,754
Apr 2026052598.932.87$1,507
Mar 2026052189.753.15$1,641
Feb 20260063.503.75$0
Jan 20260059.138.00$0
Dec 2025064656.664.41$2,851
Nov 2025063358.593.93$2,485
Oct 2025073359.383.30$2,422
Sep 2025075462.743.08$2,320
Aug 2025072963.933.01$2,198
Jul 2025069666.743.32$2,307
Jun 2025069866.483.13$2,184
May 2025097060.553.23$3,135
Apr 202501,11662.363.54$3,954
Mar 202501,05867.704.27$4,516
Feb 2025073870.884.34$3,204
Jan 2025083374.324.28$3,564
Dec 2024088268.993.12$2,753
Nov 2024092569.052.20$2,034
Oct 202401,39871.372.28$3,189
Sep 202401,62069.612.36$3,830
Aug 2024025575.632.06$526
Jul 2024099479.932.15$2,134
Jun 2024090478.082.63$2,381
May 2024082078.812.20$1,803
Apr 2024078284.451.66$1,297
Mar 2024048480.301.55$748
Feb 2024062676.091.78$1,117
Jan 2024049773.023.30$1,639
Dec 2023099871.262.61$2,606
Nov 2023099877.892.81$2,802
Oct 202301,23985.443.09$3,825
Sep 2023086889.042.74$2,374
Aug 2023059580.522.67$1,590
Jul 2023052674.852.64$1,390
Jun 2023049868.962.26$1,125
May 2023054770.622.23$1,218
Apr 2023052578.122.24$1,175
Mar 2023095772.852.39$2,290
Feb 202301,30975.112.47$3,228
Jan 202301,38376.533.39$4,685
Dec 202201,33076.415.73$7,620
Nov 202201,24585.005.65$7,030
Oct 202201,31287.185.86$7,693
Sep 202201,35784.888.16$11,078
Aug 202201,47494.529.13$13,453
Jul 202201,408101.587.54$10,619
Jun 202201,241115.097.98$9,900
May 202201,164109.378.43$9,816
Apr 202201,087104.226.84$7,432
Mar 202201,234108.885.08$6,264
Feb 202201,12691.054.86$5,471
Jan 202201,26681.844.54$5,745
Dec 202101,22871.323.90$4,788
Nov 202101,19877.435.24$6,274
Oct 202101,29779.795.71$7,411
Sep 202101,38669.865.35$7,416
Aug 202101,55366.024.22$6,555
Jul 202101,52070.783.98$6,053
Jun 202101,52969.493.38$5,169
May 202101,66463.483.02$5,021
Apr 202101,61560.362.76$4,455
Mar 202101,68061.302.72$4,564
Feb 202101,23657.805.55$6,857
Jan 202101,66350.412.81$4,673
Dec 202001,75044.642.68$4,682
Nov 202001,61538.772.71$4,371
Oct 202001,86936.972.48$4,632
Sep 202001,67237.091.99$3,329
Aug 202001,73739.982.39$4,143
Jul 202001,77538.371.83$3,240
Jun 202001,61534.901.69$2,730
May 202001,68116.921.81$3,051
Apr 2020088614.751.80$1,599
Mar 2020023330.341.86$433
Feb 2020088949.881.98$1,761
Jan 202001,31157.252.09$2,746
Dec 201901,31559.012.30$3,030
Nov 201901,25355.302.75$3,447
Oct 201901,45753.472.42$3,524
Sep 201901,42155.052.66$3,776
Aug 201901,53953.112.30$3,546
Jul 201901,22756.272.46$3,018
Jun 201901,29552.782.49$3,226
May 201901,68458.482.74$4,615
Apr 201901,55562.632.75$4,277
Mar 201902,01656.803.06$6,173
Feb 201902,00650.852.79$5,601
Jan 201902,04846.033.23$6,611
Dec 201802,18746.594.19$9,154
Nov 201802,21352.934.24$9,377
Oct 201801,81261.443.40$6,157
Sep 201802,02059.543.11$6,278
Aug 201802,15759.403.07$6,615
Jul 201802,48865.142.93$7,295
Jun 201802,22660.183.08$6,849
May 2018094265.382.90$2,733
Apr 20180063.842.90$0
Mar 201801561.222.79$42
Feb 201801,26561.782.77$3,499
Jan 201802,12662.874.01$8,524
Dec 201703,57457.272.92$10,442
Nov 201701755.423.12$53
Oct 20170049.292.98$0
Sep 20170047.523.09$0
Aug 20170045.373.00$0
Jul 20170043.873.09$0
Jun 20170042.493.09$0
May 20170045.373.26$0
Apr 20170047.933.21$0
Mar 20170046.772.98$0
Feb 20170050.452.95$0
Jan 20170049.413.42$0
Dec 20160048.763.72$0
Nov 20160042.492.64$0
Oct 20160046.193.09$0
Sep 20160141.553.10$3
Aug 20160041.442.92$0
Jul 20160041.622.92$0
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 201501,18832.362.00$2,378
Nov 2015078038.792.17$1,691
Oct 201502,01643.552.43$4,892
Sep 201501,94342.992.76$5,360
Aug 201501,98340.162.87$5,696
Jul 201501,98948.152.95$5,858
Jun 201501,66056.152.88$4,786
May 201502,23255.212.96$6,597
Apr 201502,23749.822.71$6,055
Mar 201502,31042.892.93$6,779
Feb 201502,05944.662.98$6,128
Jan 201502,25043.433.10$6,976
Dec 201402,23354.693.59$8,020
Nov 201402,13270.464.25$9,065
Oct 201402,35178.303.90$9,171
Sep 201401,92986.164.05$7,804
Aug 201402,21389.394.04$8,930
Jul 201402,04196.564.18$8,531
Jun 201402,11198.164.74$10,000
May 201402,30594.734.73$10,895
Apr 201402,22595.944.81$10,700
Mar 201402,38195.895.06$12,040
Feb 201401,97697.406.19$12,235
Jan 201402,35390.404.86$11,437
Dec 201302,20891.824.35$9,615
Nov 201302,17288.853.74$8,120
Oct 201302,15797.423.78$8,152
Sep 201302,114104.113.72$7,859
Aug 201301,978104.253.52$6,968
Jul 201301,020102.523.72$3,792
Jun 201302,14794.403.93$8,445
May 201303,05994.834.15$12,692
Apr 201303,27193.964.28$14,008
Mar 201303,44793.623.91$13,488
Feb 201302,78891.233.42$9,535
Jan 201303,06791.603.42$10,489
Dec 201203,02586.773.42$10,346
Nov 201203,05486.953.62$11,071
Oct 201203,10889.383.40$10,566
Sep 201203,17694.672.92$9,269
Aug 201202,97292.662.91$8,643
Jul 201203,13985.133.02$9,482
Jun 201202,93079.822.52$7,381
May 201202,58791.612.49$6,437
Apr 201201,766101.652.00$3,526
Mar 20120635105.052.22$1,411
Feb 20120390101.102.57$1,002
Jan 2012078498.092.73$2,144
Dec 201101,17896.873.24$3,816
Nov 2011022995.723.31$758
Oct 201101,89284.983.65$6,903
Sep 201103,17483.623.99$12,651
Aug 201103,36383.404.15$13,954
Jul 201103,38594.144.52$15,291
Jun 201103,22892.904.64$14,978
May 201112,23798.134.40$9,952
Apr 20110869105.964.33$3,766
Mar 201111,15496.364.06$4,779
Feb 201111,74885.644.18$7,392
Jan 201113,92686.504.59$18,102
Dec 201004,29185.734.35$18,656
Nov 201023,60180.843.80$13,829
Oct 201001,67778.103.51$5,884
Sep 201001,47372.633.98$5,862
Aug 201001,56473.684.42$6,912
Jul 201004,26472.554.74$20,196
Jun 201004,99370.364.91$24,518
May 201014,79771.124.24$20,387
Apr 201014,55381.694.12$18,852
Mar 201004,95478.394.39$21,741
Feb 201003,50573.585.44$19,075
Jan 201004,14974.365.96$24,745
Dec 200904,32571.445.48$23,717
Nov 200905,07774.593.75$19,046
Oct 200905,45272.544.11$22,409
Sep 200904,44865.543.06$13,632
Aug 200905,35767.423.22$17,242
Jul 200908,99361.133.46$31,156
Jun 200909,30766.163.90$36,251
May 20090054.743.93$0
Apr 20090046.773.59$0
Mar 200903,88142.144.06$15,753
Feb 200907,14232.814.63$33,089
Jan 2009062035.865.37$3,330
Dec 200804,71237.105.98$28,164
Nov 200804,49855.496.86$30,858
Oct 200805,03275.246.92$34,831
Sep 200805,606101.767.88$44,159
Aug 200806,205114.228.48$52,637
Jul 200806,659131.0811.39$75,842
Jun 200803,891131.3313.03$50,710
May 200804,930123.1711.57$57,061
Apr 200804,398110.3110.45$45,980
Mar 200805,367101.909.66$51,867
Feb 200805,28592.538.77$46,353
Jan 200805,34990.388.21$43,892
Dec 200705,46288.337.30$39,883
Nov 200705,78291.677.29$42,161
Oct 200705,34282.856.92$36,977
Sep 200706,15975.846.24$38,458
Aug 200706,55369.066.39$41,860
Jul 200707,18670.906.39$45,904
Jun 200707,42262.007.55$56,025
May 200708,67458.747.85$68,059
Apr 200708,09159.617.81$63,152
Mar 200709,20556.927.30$67,215
Feb 200705,85855.108.22$48,129
Jan 200706,73450.306.73$45,299
Dec 200607,78856.656.92$53,881
Nov 200608,17054.207.62$62,235
Oct 200609,24254.906.01$55,580
Sep 2006010,02460.085.04$50,493
Aug 2006011,23368.717.34$82,449
Jul 2006011,75969.376.34$74,585
Jun 2006011,72566.286.38$74,851
May 2006013,33366.016.42$85,665
Apr 2006013,59864.397.36$100,088
Mar 2006015,26856.707.08$108,142
Feb 2006012,48857.597.75$96,796
Jan 2006015,01360.598.93$134,116
Dec 2005017,96354.9413.42$240,981
Nov 2005022,06454.6910.59$233,622
Oct 2005026,32558.3413.80$363,173
Sep 2005021,99561.4512.08$265,678

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                  576 Mcf  × $  3.05 =     $1,754

────────────────────────────────────────────────────
Month total                                   $1,754

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/212761 is the state's own key, not one this site invented.