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 213896District 09Field 65280200CondensateGasSaveExport
Value, all time
$12.1 M
Oct 2005 – May 2026
Value, last 12 filed months
$72 k
at the published price for each month
Months reported
248
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
CondensateDisposition3 bbl$169
GasProduction2,033,159 Mcf$12,110,259
Total$12,110,428

Every month this lease reported (248)

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

248 months

May 20260523106.413.05$1,593
Apr 2026024098.932.87$689
Mar 2026054589.753.15$1,716
Feb 2026022463.503.75$840
Jan 2026021659.138.00$1,728
Dec 202502,61256.664.41$11,528
Nov 202502,50758.593.93$9,844
Oct 202502,86059.383.30$9,452
Sep 202503,17162.743.08$9,757
Aug 202502,68963.933.01$8,107
Jul 202502,56266.743.32$8,494
Jun 202502,60166.483.13$8,138
May 202502,60160.553.23$8,407
Apr 202502,43862.363.54$8,638
Mar 2025044367.704.27$1,891
Feb 2025044370.884.34$1,923
Jan 202503,05174.324.28$13,054
Dec 202402,76168.993.12$8,618
Nov 202402,81269.052.20$6,182
Oct 202402,68871.372.28$6,132
Sep 202401,84069.612.36$4,350
Aug 202402,71975.632.06$5,611
Jul 202402,83679.932.15$6,088
Jun 202402,70278.082.63$7,117
May 202402,97478.812.20$6,538
Apr 202402,95484.451.66$4,901
Mar 202402,92480.301.55$4,518
Feb 202402,86776.091.78$5,114
Jan 202403,30173.023.30$10,886
Dec 202303,51671.262.61$9,179
Nov 202303,76877.892.81$10,579
Oct 202304,22185.443.09$13,031
Sep 202303,47889.042.74$9,512
Aug 202303,72580.522.67$9,956
Jul 202303,75874.852.64$9,928
Jun 202303,09468.962.26$6,988
May 202303,31270.622.23$7,377
Apr 2023024078.122.24$537
Mar 2023041872.852.39$1,000
Feb 202302,25575.112.47$5,560
Jan 202303,47276.533.39$11,762
Dec 202203,10976.415.73$17,812
Nov 202202,01285.005.65$11,360
Oct 202202,77087.185.86$16,243
Sep 202202,87584.888.16$23,471
Aug 202203,01094.529.13$27,473
Jul 202203,335101.587.54$25,153
Jun 202203,651115.097.98$29,125
May 202204,186109.378.43$35,301
Apr 202204,072104.226.84$27,843
Mar 202203,749108.885.08$19,031
Feb 202203,23591.054.86$15,718
Jan 202204,16181.844.54$18,881
Dec 202104,17471.323.90$16,275
Nov 202103,99877.435.24$20,937
Oct 202103,80279.795.71$21,724
Sep 202101,99969.865.35$10,696
Aug 202104,23166.024.22$17,857
Jul 202101,75470.783.98$6,985
Jun 202101,86369.493.38$6,298
May 202101,79363.483.02$5,411
Apr 202101,77660.362.76$4,899
Mar 202101,83161.302.72$4,975
Feb 202101,66457.805.55$9,232
Jan 2021047050.412.81$1,321
Dec 202001,99644.642.68$5,340
Nov 202003,32838.772.71$9,007
Oct 202004,03536.972.48$10,000
Sep 202004,45737.091.99$8,874
Aug 202004,22839.982.39$10,084
Jul 202002,76238.371.83$5,041
Jun 2020060934.901.69$1,029
May 202003,33116.921.81$6,045
Apr 202004,26014.751.80$7,687
Mar 202004,21930.341.86$7,831
Feb 202004,66149.881.98$9,232
Jan 202005,33557.252.09$11,175
Dec 201905,36159.012.30$12,354
Nov 201905,35955.302.75$14,741
Oct 201906,15853.472.42$14,893
Sep 201905,63455.052.66$14,971
Aug 201905,86853.112.30$13,522
Jul 201905,85056.272.46$14,391
Jun 201905,38152.782.49$13,405
May 201905,83258.482.74$15,982
Apr 201906,17762.632.75$16,991
Mar 201906,37756.803.06$19,527
Feb 201906,06650.852.79$16,938
Jan 201906,63746.033.23$21,425
Dec 201805,48646.594.19$22,961
Nov 201804,81652.934.24$20,407
Oct 201804,28161.443.40$14,547
Sep 201802,62159.543.11$8,146
Aug 201803,67359.403.07$11,263
Jul 201805,69465.142.93$16,694
Jun 201806,98760.183.08$21,498
May 201806,52865.382.90$18,936
Apr 201806,77663.842.90$19,656
Mar 201806,72361.222.79$18,736
Feb 201805,62061.782.77$15,546
Jan 201806,33662.874.01$25,403
Dec 201703,05057.272.92$8,911
Nov 201701,67555.423.12$5,223
Oct 20170049.292.98$0
Sep 20170047.523.09$0
Aug 2017060945.373.00$1,830
Jul 2017041643.873.09$1,284
Jun 201709142.493.09$281
May 2017013845.373.26$450
Apr 201704847.933.21$154
Mar 20170046.772.98$0
Feb 2017014950.452.95$440
Jan 2017011949.413.42$407
Dec 2016014448.763.72$536
Nov 2016017442.492.64$460
Oct 2016017946.193.09$553
Sep 2016021441.553.10$664
Aug 20160041.442.92$0
Jul 2016014041.622.92$409
Jun 201601,12045.352.69$3,008
May 201601,27442.521.99$2,537
Apr 2016090236.561.99$1,796
Mar 2016089333.011.79$1,602
Feb 201602,39326.472.06$4,938
Jan 201601,05027.352.36$2,483
Dec 201505,09832.362.00$10,203
Nov 20150038.792.17$0
Oct 201504,06943.552.43$9,874
Sep 201504,49642.992.76$12,402
Aug 201502,04940.162.87$5,886
Jul 20150048.152.95$0
Jun 2015020556.152.88$591
May 2015081055.212.96$2,394
Apr 2015074849.822.71$2,025
Mar 2015086642.892.93$2,541
Feb 2015079944.662.98$2,378
Jan 2015096243.433.10$2,983
Dec 201402,35254.693.59$8,447
Nov 201403,08270.464.25$13,104
Oct 201403,29478.303.90$12,850
Sep 201402,22586.164.05$9,001
Aug 201401,95889.394.04$7,901
Jul 201402,69596.564.18$11,264
Jun 201401,87698.164.74$8,886
May 201402,48394.734.73$11,736
Apr 201403,22895.944.81$15,524
Mar 201404,33195.895.06$21,901
Feb 201404,30097.406.19$26,626
Jan 201405,11690.404.86$24,867
Dec 201305,11391.824.35$22,264
Nov 201304,57988.853.74$17,118
Oct 201305,36797.423.78$20,284
Sep 201305,949104.113.72$22,117
Aug 201306,137104.253.52$21,618
Jul 201305,403102.523.72$20,087
Jun 201305,76994.403.93$22,692
May 201306,19594.834.15$25,704
Apr 201306,20393.964.28$26,565
Mar 201306,05193.623.91$23,677
Feb 201305,22991.233.42$17,883
Jan 201305,93891.603.42$20,307
Dec 201206,30486.773.42$21,561
Nov 201206,34786.953.62$23,008
Oct 201206,47989.383.40$22,027
Sep 201207,54894.672.92$22,028
Aug 201206,55092.662.91$19,048
Jul 201206,99285.133.02$21,121
Jun 201206,03379.822.52$15,197
May 201207,03791.612.49$17,510
Apr 201208,322101.652.00$16,617
Mar 201208,241105.052.22$18,312
Feb 201207,283101.102.57$18,719
Jan 201208,13798.092.73$22,247
Dec 201108,26196.873.24$26,763
Nov 201108,65295.723.31$28,649
Oct 201109,01684.983.65$32,895
Sep 201109,01383.623.99$35,924
Aug 201106,26983.404.15$26,012
Jul 201106,05294.144.52$27,338
Jun 201105,70692.904.64$26,475
May 201106,12998.134.40$26,997
Apr 201106,366105.964.33$27,586
Mar 201107,23096.364.06$29,335
Feb 201107,82485.644.18$32,704
Jan 201109,09186.504.59$41,717
Dec 201009,46685.734.35$41,156
Nov 201008,51580.843.80$32,317
Oct 201004,08378.103.51$14,327
Sep 201005,14772.633.98$20,482
Aug 201006,60173.684.42$29,172
Jul 201008,46072.554.74$40,071
Jun 201009,16270.364.91$44,989
May 2010010,41471.124.24$44,106
Apr 2010010,89881.694.12$44,929
Mar 2010011,81878.394.39$51,865
Feb 201008,68773.585.44$47,278
Jan 2010010,41874.365.96$62,134
Dec 200909,37271.445.48$51,394
Nov 200909,62974.593.75$36,123
Oct 2009012,45572.544.11$51,193
Sep 2009012,28465.543.06$37,647
Aug 2009013,90967.423.22$44,766
Jul 2009014,94161.133.46$51,763
Jun 2009014,41966.163.90$56,162
May 2009015,55854.743.93$61,077
Apr 2009015,16246.773.59$54,394
Mar 2009017,30042.144.06$70,221
Feb 2009016,82432.814.63$77,946
Jan 2009017,68135.865.37$94,965
Dec 2008017,87837.105.98$106,859
Nov 2008018,48255.496.86$126,793
Oct 2008021,30875.246.92$147,494
Sep 2008020,434101.767.88$160,960
Aug 2008017,557114.228.48$148,936
Jul 2008016,261131.0811.39$185,204
Jun 200809,442131.3313.03$123,054
May 2008012,840123.1711.57$148,614
Apr 2008014,313110.3110.45$149,640
Mar 2008017,767101.909.66$171,702
Feb 2008018,16992.538.77$159,353
Jan 2008021,84590.388.21$179,254
Dec 2007020,94688.337.30$152,947
Nov 2007020,13491.677.29$146,811
Oct 2007022,14482.856.92$153,280
Sep 2007022,08675.846.24$137,909
Aug 2007022,52369.066.39$143,876
Jul 2007026,94370.906.39$172,110
Jun 2007028,30462.007.55$213,651
May 2007032,07258.747.85$251,646
Apr 2007030,99059.617.81$241,883
Mar 2007027,37756.927.30$199,906
Feb 2007025,52155.108.22$209,681
Jan 2007025,71950.306.73$173,008
Dec 2006026,69656.656.92$184,695
Nov 2006028,13354.207.62$214,303
Oct 2006035,74254.906.01$214,945
Sep 2006036,33960.085.04$183,047
Aug 2006037,38668.717.34$274,410
Jul 2006039,77869.376.34$252,302
Jun 2006042,02566.286.38$268,283
May 2006046,59566.016.42$299,373
Apr 2006047,50964.397.36$349,689
Mar 2006150,11256.707.08$354,996
Feb 2006147,78357.597.75$370,429
Jan 2006055,27560.598.93$493,789
Dec 2005158,51354.9413.42$785,030
Nov 2005021,91654.6910.59$232,055
Oct 2005013,12158.3413.80$181,014

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                  523 Mcf  × $  3.05 =     $1,593

────────────────────────────────────────────────────
Month total                                   $1,593

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/213896 is the state's own key, not one this site invented.