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 214839District 09Field 65280200CondensateGasSaveExport
Value, all time
$12.0 M
Oct 2005 – May 2026
Value, last 12 filed months
$33 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
CondensateDisposition16 bbl$889
GasProduction2,171,729 Mcf$12,007,595
Total$12,008,484

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 202601,206106.413.05$3,673
Apr 202601,09598.932.87$3,142
Mar 2026074589.753.15$2,346
Feb 20260063.503.75$0
Jan 20260059.138.00$0
Dec 202501,22356.664.41$5,398
Nov 202501,27658.593.93$5,010
Oct 2025097559.383.30$3,222
Sep 2025082462.743.08$2,535
Aug 2025095763.933.01$2,885
Jul 2025085066.743.32$2,818
Jun 2025072766.483.13$2,275
May 202501,06860.553.23$3,452
Apr 202501,38662.363.54$4,911
Mar 2025015067.704.27$640
Feb 2025027970.884.34$1,211
Jan 202503,34274.324.28$14,299
Dec 202402,90468.993.12$9,064
Nov 202402,80869.052.20$6,173
Oct 202402,91971.372.28$6,659
Sep 202403,19769.612.36$7,559
Aug 202403,10475.632.06$6,406
Jul 202403,28679.932.15$7,054
Jun 202403,18678.082.63$8,392
May 202403,14578.812.20$6,914
Apr 202403,45384.451.66$5,729
Mar 202403,86980.301.55$5,978
Feb 202403,44976.091.78$6,152
Jan 202403,49773.023.30$11,532
Dec 202303,40571.262.61$8,890
Nov 202303,49877.892.81$9,821
Oct 202303,35585.443.09$10,358
Sep 202303,12789.042.74$8,552
Aug 202303,60280.522.67$9,628
Jul 202303,76274.852.64$9,938
Jun 202303,17268.962.26$7,164
May 202303,43670.622.23$7,653
Apr 202303,55278.122.24$7,949
Mar 202303,23872.852.39$7,749
Feb 202303,08575.112.47$7,607
Jan 202303,72076.533.39$12,602
Dec 202204,10976.415.73$23,541
Nov 202202,95585.005.65$16,685
Oct 202204,02387.185.86$23,590
Sep 202204,14484.888.16$33,830
Aug 202204,41594.529.13$40,296
Jul 202204,142101.587.54$31,239
Jun 202203,899115.097.98$31,103
May 202204,766109.378.43$40,192
Apr 202203,696104.226.84$25,272
Mar 202204,145108.885.08$21,042
Feb 202203,11191.054.86$15,116
Jan 202203,81381.844.54$17,302
Dec 202104,22871.323.90$16,485
Nov 202104,02877.435.24$21,094
Oct 202103,62179.795.71$20,690
Sep 202104,61569.865.35$24,695
Aug 202104,77966.024.22$20,170
Jul 202104,80970.783.98$19,150
Jun 202103,23969.493.38$10,950
May 202104,90863.483.02$14,811
Apr 202105,33760.362.76$14,722
Mar 202104,91461.302.72$13,351
Feb 202103,06957.805.55$17,027
Jan 202104,58150.412.81$12,874
Dec 202004,51044.642.68$12,066
Nov 202004,71338.772.71$12,756
Oct 202004,94636.972.48$12,258
Sep 202005,00137.091.99$9,957
Aug 202005,85439.982.39$13,962
Jul 202005,83038.371.83$10,640
Jun 202005,62034.901.69$9,500
May 202006,07016.921.81$11,016
Apr 202006,21814.751.80$11,220
Mar 202005,25030.341.86$9,745
Feb 202003,52849.881.98$6,988
Jan 202004,28557.252.09$8,976
Dec 201905,21459.012.30$12,015
Nov 201905,99255.302.75$16,482
Oct 201906,00953.472.42$14,533
Sep 201906,16255.052.66$16,374
Aug 201906,48453.112.30$14,941
Jul 201906,44856.272.46$15,862
Jun 201906,20352.782.49$15,453
May 201906,68158.482.74$18,308
Apr 201906,71162.632.75$18,460
Mar 201907,25056.803.06$22,200
Feb 201904,69850.852.79$13,118
Jan 201905,92646.033.23$19,130
Dec 201805,97446.594.19$25,004
Nov 201804,91552.934.24$20,826
Oct 201804,50561.443.40$15,308
Sep 201804,71059.543.11$14,639
Aug 201805,90359.403.07$18,102
Jul 201805,98365.142.93$17,541
Jun 201805,98360.183.08$18,409
May 201805,90765.382.90$17,135
Apr 201805,10163.842.90$14,797
Mar 201805,69961.222.79$15,882
Feb 201805,30461.782.77$14,672
Jan 201801,73262.874.01$6,944
Dec 201703,64857.272.92$10,658
Nov 201704,37255.423.12$13,633
Oct 201703,29549.292.98$9,831
Sep 201704,58847.523.09$14,164
Aug 201704,88145.373.00$14,664
Jul 201704,59343.873.09$14,180
Jun 201705,23942.493.09$16,174
May 201704,81045.373.26$15,697
Apr 201705,34147.933.21$17,153
Mar 201704,98246.772.98$14,865
Feb 201704,75650.452.95$14,043
Jan 201704,43049.413.42$15,145
Dec 201604,71248.763.72$17,542
Nov 201605,43842.492.64$14,380
Oct 201606,14646.193.09$18,993
Sep 201605,93641.553.10$18,405
Aug 201606,62341.442.92$19,368
Jul 201605,05941.622.92$14,794
Jun 201604,11445.352.69$11,050
May 201605,07942.521.99$10,112
Apr 201604,64436.561.99$9,246
Mar 201604,83933.011.79$8,681
Feb 201604,78826.472.06$9,881
Jan 201605,52727.352.36$13,068
Dec 201505,78132.362.00$11,570
Nov 201505,54738.792.17$12,022
Oct 201505,79143.552.43$14,052
Sep 201505,31342.992.76$14,655
Aug 201505,74840.162.87$16,511
Jul 201505,99648.152.95$17,659
Jun 201505,90656.152.88$17,026
May 201506,17155.212.96$18,238
Apr 201505,60949.822.71$15,181
Mar 201505,49542.892.93$16,126
Feb 201505,25444.662.98$15,637
Jan 201506,05343.433.10$18,768
Dec 201406,33654.693.59$22,755
Nov 201405,92870.464.25$25,205
Oct 201405,82578.303.90$22,723
Sep 201405,96386.164.05$24,123
Aug 201406,20789.394.04$25,046
Jul 201406,55096.564.18$27,376
Jun 201406,60298.164.74$31,273
May 201407,56594.734.73$35,756
Apr 201407,05195.944.81$33,909
Mar 201406,95995.895.06$35,190
Feb 201406,04397.406.19$37,418
Jan 201406,90490.404.86$33,558
Dec 201307,29391.824.35$31,757
Nov 201307,24388.853.74$27,076
Oct 201307,95697.423.78$30,069
Sep 201307,069104.113.72$26,281
Aug 201308,648104.253.52$30,464
Jul 201308,629102.523.72$32,080
Jun 201305,25794.403.93$20,678
May 201307,72994.834.15$32,068
Apr 201306,68793.964.28$28,638
Mar 201307,21793.623.91$28,239
Feb 201306,30991.233.42$21,576
Jan 201308,26291.603.42$28,255
Dec 201208,37486.773.42$28,640
Nov 201207,23686.953.62$26,230
Oct 201207,94089.383.40$26,993
Sep 201207,48694.672.92$21,847
Aug 201209,18992.662.91$26,723
Jul 2012010,53585.133.02$31,824
Jun 201209,74379.822.52$24,543
May 201206,22791.612.49$15,495
Apr 201207,877101.652.00$15,729
Mar 201208,783105.052.22$19,517
Feb 201208,568101.102.57$22,022
Jan 201209,11198.092.73$24,910
Dec 201109,07496.873.24$29,397
Nov 201109,10195.723.31$30,136
Oct 201109,57684.983.65$34,938
Sep 201109,05883.623.99$36,103
Aug 201109,64883.404.15$40,033
Jul 201107,37494.144.52$33,310
Jun 201106,72492.904.64$31,199
May 2011010,50998.134.40$46,290
Apr 2011010,384105.964.33$44,997
Mar 2011010,09496.364.06$40,955
Feb 201107,80285.644.18$32,612
Jan 201107,92286.504.59$36,352
Dec 201008,55185.734.35$37,178
Nov 201007,61080.843.80$28,882
Oct 201007,51878.103.51$26,380
Sep 201006,18372.633.98$24,605
Aug 201004,66973.684.42$20,634
Jul 201006,18672.554.74$29,300
Jun 201009,79670.364.91$48,102
May 201008,15771.124.24$34,547
Apr 201008,41681.694.12$34,697
Mar 201009,90278.394.39$43,457
Feb 201009,81273.585.44$53,400
Jan 2010011,83974.365.96$70,609
Dec 2009014,28371.445.48$78,324
Nov 2009013,77774.593.75$51,684
Oct 200908,37772.544.11$34,432
Sep 2009011,62965.543.06$35,640
Aug 2009010,48967.423.22$33,759
Jul 2009015,93861.133.46$55,217
Jun 200909,09166.163.90$35,409
May 200909,46654.743.93$37,161
Apr 200909,50946.773.59$34,114
Mar 2009010,97442.144.06$44,543
Feb 200909,46432.814.63$43,847
Jan 2009010,76735.865.37$57,830
Dec 2008011,03237.105.98$65,940
Nov 2008010,55355.496.86$72,397
Oct 2008012,40775.246.92$85,881
Sep 2008010,645101.767.88$83,852
Aug 2008016,314114.228.48$138,392
Jul 2008016,784131.0811.39$191,160
Jun 200809,480131.3313.03$123,549
May 2008013,621123.1711.57$157,653
Apr 2008012,847110.3110.45$134,314
Mar 2008016,147101.909.66$156,046
Feb 2008016,90792.538.77$148,284
Jan 2008018,45890.388.21$151,461
Dec 2007017,82888.337.30$130,180
Nov 2007017,86191.677.29$130,237
Oct 2007019,83982.856.92$137,325
Sep 2007018,58175.846.24$116,023
Aug 2007020,84569.066.39$133,157
Jul 2007024,51970.906.39$156,626
Jun 2007024,61862.007.55$185,828
May 2007024,02958.747.85$188,538
Apr 2007018,18359.617.81$141,922
Mar 2007021,09756.927.30$154,050
Feb 2007020,41155.108.22$167,697
Jan 2007024,70850.306.73$166,207
Dec 2006029,88056.656.92$206,723
Nov 2006035,40054.207.62$269,659
Oct 2006032,71754.906.01$196,753
Sep 2006034,28360.085.04$172,690
Aug 2006036,56168.717.34$268,355
Jul 2006042,13669.376.34$267,259
Jun 2006041,36966.286.38$264,095
May 2006041,36966.016.42$265,796
Apr 2006041,29764.397.36$303,966
Mar 2006146,88356.707.08$332,125
Feb 2006448,25357.597.75$374,245
Jan 2006057,26460.598.93$511,558
Dec 2005160,69254.9413.42$814,262
Nov 20051019,90054.6910.59$211,256
Oct 20050058.3413.80$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.

May 2026 — as filed, then multipliedworked
Condensate             0 bbl  × $106.41 =         $0
Gas                1,206 Mcf  × $  3.05 =     $3,673

────────────────────────────────────────────────────
Month total                                   $3,673

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/214839 is the state's own key, not one this site invented.