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 214804District 09Field 65280200CondensateGasSaveExport
Value, all time
$15.1 M
Oct 2004 – May 2026
Value, last 12 filed months
$144 k
at the published price for each month
Months reported
260
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$75
GasProduction2,772,903 Mcf$15,073,775
Total$15,073,849

Every month this lease reported (260)

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

260 months

May 202604,141106.413.05$12,613
Apr 202603,30998.932.87$9,496
Mar 202605,36689.753.15$16,900
Feb 20260063.503.75$0
Jan 20260059.138.00$0
Dec 202504,25856.664.41$18,792
Nov 202503,89758.593.93$15,301
Oct 202504,33359.383.30$14,320
Sep 202504,39362.743.08$13,517
Aug 202504,50763.933.01$13,588
Jul 202504,52766.743.32$15,008
Jun 202504,46766.483.13$13,976
May 202504,61360.553.23$14,911
Apr 202504,42362.363.54$15,671
Mar 202504,56767.704.27$19,493
Feb 202504,24570.884.34$18,427
Jan 202505,27774.324.28$22,579
Dec 202404,83968.993.12$15,104
Nov 202404,63269.052.20$10,183
Oct 202404,84771.372.28$11,058
Sep 202404,85269.612.36$11,472
Aug 202404,94475.632.06$10,203
Jul 202405,05979.932.15$10,860
Jun 202404,66678.082.63$12,290
May 202404,88578.812.20$10,739
Apr 202404,61784.451.66$7,661
Mar 202404,82680.301.55$7,457
Feb 202404,74576.091.78$8,463
Jan 202404,88373.023.30$16,102
Dec 202305,10971.262.61$13,338
Nov 202304,90677.892.81$13,774
Oct 202305,10385.443.09$15,754
Sep 202304,94089.042.74$13,511
Aug 202305,11380.522.67$13,666
Jul 202305,45474.852.64$14,408
Jun 202304,57668.962.26$10,335
May 202305,08270.622.23$11,320
Apr 202304,57878.122.24$10,244
Mar 202304,89572.852.39$11,715
Feb 202304,64475.112.47$11,451
Jan 202304,87276.533.39$16,505
Dec 202205,95576.415.73$34,117
Nov 202203,76985.005.65$21,281
Oct 202205,87787.185.86$34,461
Sep 202205,42684.888.16$44,296
Aug 202204,80194.529.13$43,820
Jul 202204,291101.587.54$32,363
Jun 202204,121115.097.98$32,874
May 202204,382109.378.43$36,954
Apr 202204,550104.226.84$31,111
Mar 202204,770108.885.08$24,214
Feb 202204,32491.054.86$21,010
Jan 202204,75881.844.54$21,590
Dec 202105,39471.323.90$21,032
Nov 202105,30577.435.24$27,781
Oct 202105,48179.795.71$31,318
Sep 202105,32469.865.35$28,488
Aug 202105,44666.024.22$22,985
Jul 202104,78170.783.98$19,038
Jun 202105,50669.493.38$18,614
May 202105,63463.483.02$17,002
Apr 202105,64560.362.76$15,571
Mar 202106,00761.302.72$16,321
Feb 202104,54857.805.55$25,232
Jan 202105,78750.412.81$16,263
Dec 202005,71744.642.68$15,296
Nov 202005,70138.772.71$15,430
Oct 202005,59536.972.48$13,867
Sep 202005,63137.091.99$11,212
Aug 202005,58839.982.39$13,328
Jul 202005,79638.371.83$10,578
Jun 202005,63134.901.69$9,518
May 202005,78216.921.81$10,493
Apr 202005,95814.751.80$10,751
Mar 202006,32130.341.86$11,733
Feb 202005,90649.881.98$11,698
Jan 202006,27357.252.09$13,140
Dec 201905,93859.012.30$13,683
Nov 201905,66255.302.75$15,574
Oct 201905,87953.472.42$14,219
Sep 201905,88455.052.66$15,635
Aug 201905,94553.112.30$13,699
Jul 201906,42456.272.46$15,803
Jun 201906,51552.782.49$16,230
May 201906,56258.482.74$17,982
Apr 201906,91262.632.75$19,013
Mar 201907,28656.803.06$22,310
Feb 201905,84650.852.79$16,323
Jan 201905,08146.033.23$16,402
Dec 201805,34546.594.19$22,371
Nov 201804,11552.934.24$17,436
Oct 201805,86461.443.40$19,926
Sep 201805,76259.543.11$17,908
Aug 201805,61059.403.07$17,203
Jul 201805,59065.142.93$16,389
Jun 201805,91460.183.08$18,197
May 201805,78765.382.90$16,787
Apr 201805,95563.842.90$17,274
Mar 201805,34861.222.79$14,904
Feb 201804,40261.782.77$12,176
Jan 201805,46062.874.01$21,891
Dec 201706,83057.272.92$19,954
Nov 201706,49255.423.12$20,244
Oct 201706,62649.292.98$19,770
Sep 201705,94547.523.09$18,354
Aug 201705,32645.373.00$16,001
Jul 201705,66143.873.09$17,477
Jun 201705,81942.493.09$17,965
May 201706,57645.373.26$21,460
Apr 201706,02947.933.21$19,363
Mar 201706,62246.772.98$19,758
Feb 201706,89050.452.95$20,343
Jan 201707,37249.413.42$25,203
Dec 201606,89248.763.72$25,658
Nov 201606,83142.492.64$18,064
Oct 201606,96746.193.09$21,530
Sep 201607,18741.553.10$22,284
Aug 201606,36741.442.92$18,619
Jul 201606,54241.622.92$19,131
Jun 201607,31445.352.69$19,644
May 201607,49242.521.99$14,917
Apr 201606,55636.561.99$13,053
Mar 201606,41933.011.79$11,516
Feb 201606,22026.472.06$12,836
Jan 201607,79627.352.36$18,433
Dec 201508,06332.362.00$16,137
Nov 201507,91538.792.17$17,154
Oct 201508,57843.552.43$20,815
Sep 201508,53842.992.76$23,551
Aug 201509,28340.162.87$26,665
Jul 201509,15048.152.95$26,947
Jun 201509,34056.152.88$26,926
May 201509,52455.212.96$28,148
Apr 201509,17749.822.71$24,838
Mar 2015010,02542.892.93$29,420
Feb 201509,05444.662.98$26,946
Jan 201509,84443.433.10$30,523
Dec 2014010,01154.693.59$35,953
Nov 2014010,33070.464.25$43,922
Oct 201407,99478.303.90$31,184
Sep 201408,50286.164.05$34,394
Aug 201407,30789.394.04$29,485
Jul 201408,44696.564.18$35,301
Jun 201407,08998.164.74$33,580
May 201407,62694.734.73$36,045
Apr 201407,95795.944.81$38,266
Mar 201406,27495.895.06$31,726
Feb 201407,32697.406.19$45,363
Jan 201408,48290.404.86$41,229
Dec 201307,41791.824.35$32,297
Nov 201306,80788.853.74$25,446
Oct 201306,47597.423.78$24,471
Sep 201306,688104.113.72$24,864
Aug 201307,615104.253.52$26,825
Jul 201307,892102.523.72$29,340
Jun 201308,30794.403.93$32,675
May 201309,37294.834.15$38,885
Apr 201309,60593.964.28$41,134
Mar 2013010,17293.623.91$39,802
Feb 201308,78691.233.42$30,047
Jan 201308,72291.603.42$29,828
Dec 201208,88186.773.42$30,374
Nov 201209,17586.953.62$33,259
Oct 201209,79589.383.40$33,300
Sep 201209,77594.672.92$28,527
Aug 2012010,39392.662.91$30,225
Jul 2012010,01185.133.02$30,241
Jun 2012010,08179.822.52$25,394
May 2012010,70091.612.49$26,625
Apr 2012011,283101.652.00$22,530
Mar 2012011,259105.052.22$25,018
Feb 201209,720101.102.57$24,983
Jan 201209,88698.092.73$27,029
Dec 201109,41196.873.24$30,489
Nov 201109,82295.723.31$32,523
Oct 2011010,85584.983.65$39,605
Sep 201109,52983.623.99$37,981
Aug 201109,63083.404.15$39,958
Jul 2011010,01394.144.52$45,231
Jun 2011010,70292.904.64$49,656
May 2011011,08698.134.40$48,832
Apr 2011011,791105.964.33$51,094
Mar 2011011,82396.364.06$47,970
Feb 201108,56285.644.18$35,789
Jan 2011011,47386.504.59$52,647
Dec 2010012,35385.734.35$53,708
Nov 2010011,78180.843.80$44,713
Oct 2010011,64678.103.51$40,865
Sep 2010011,65472.633.98$46,377
Aug 2010010,42573.684.42$46,072
Jul 2010011,56572.554.74$54,778
Jun 2010011,93370.364.91$58,596
May 2010013,69571.124.24$58,001
Apr 2010011,40481.694.12$47,015
Mar 2010012,02678.394.39$52,778
Feb 2010011,07473.585.44$60,269
Jan 2010013,73974.365.96$81,941
Dec 2009014,10571.445.48$77,348
Nov 2009114,26074.593.75$53,571
Oct 2009015,97772.544.11$65,669
Sep 200906,28865.543.06$19,271
Aug 2009014,69567.423.22$47,296
Jul 2009017,58361.133.46$60,916
Jun 2009015,52166.163.90$60,454
May 2009017,18054.743.93$67,444
Apr 2009016,43246.773.59$58,950
Mar 2009017,53342.144.06$71,166
Feb 2009015,90032.814.63$73,665
Jan 2009010,35735.865.37$55,627
Dec 2008022,84437.105.98$136,542
Nov 200808,98155.496.86$61,613
Oct 2008012,81075.246.92$88,671
Sep 2008014,606101.767.88$115,053
Aug 2008011,091114.228.48$94,085
Jul 20080467131.0811.39$5,319
Jun 200802,566131.3313.03$33,442
May 200805,703123.1711.57$66,008
Apr 200805,684110.3110.45$59,425
Mar 200809,992101.909.66$96,563
Feb 2008010,51292.538.77$92,196
Jan 2008012,92390.388.21$106,043
Dec 2007014,10888.337.30$103,016
Nov 2007014,91791.677.29$108,770
Oct 2007016,55982.856.92$114,621
Sep 2007016,47775.846.24$102,885
Aug 2007016,90569.066.39$107,988
Jul 2007017,45270.906.39$111,482
Jun 2007018,77162.007.55$141,692
May 2007020,18658.747.85$158,385
Apr 2007019,65359.617.81$153,396
Mar 2007021,26056.927.30$155,240
Feb 2007021,45455.108.22$176,266
Jan 2007025,10250.306.73$168,857
Dec 2006027,29456.656.92$188,832
Nov 2006024,36054.207.62$185,562
Oct 2006028,05154.906.01$168,693
Sep 2006025,48960.085.04$128,393
Aug 2006025,94168.717.34$190,405
Jul 2006030,79369.376.34$195,313
Jun 2006029,26266.286.38$186,805
May 2006033,16666.016.42$213,092
Apr 2006032,18764.397.36$236,912
Mar 2006032,90856.707.08$233,085
Feb 2006030,28257.597.75$234,719
Jan 2006035,58860.598.93$317,919
Dec 2005035,87354.9413.42$481,251
Nov 2005034,14954.6910.59$361,583
Oct 2005034,58458.3413.80$477,113
Sep 2005037,91561.4512.08$457,975
Aug 2005033,22261.519.80$325,471
Jul 2005030,34455.697.84$238,007
Jun 2005038,97452.337.38$287,669
May 2005040,09945.226.65$266,705
Apr 2005030,65249.207.36$225,613
Mar 2005026,72250.377.15$191,193
Feb 2005036,42245.226.31$229,893
Jan 2005044,19643.166.32$279,416
Dec 2004044,37539.866.75$299,579
Nov 2004046,95145.286.33$297,220
Oct 2004020,57849.706.52$134,068

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                4,141 Mcf  × $  3.05 =    $12,613

────────────────────────────────────────────────────
Month total                                  $12,613

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/214804 is the state's own key, not one this site invented.