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 214880District 09Field 65280200CondensateGasSaveExport
Value, all time
$11.7 M
Feb 2005 – May 2026
Value, last 12 filed months
$75 k
at the published price for each month
Months reported
256
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$66
GasProduction2,138,432 Mcf$11,671,481
Total$11,671,546

Every month this lease reported (256)

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

256 months

May 202602,000106.413.05$6,092
Apr 202602,18198.932.87$6,259
Mar 202602,36189.753.15$7,436
Feb 20260063.503.75$0
Jan 20260059.138.00$0
Dec 202502,56756.664.41$11,329
Nov 202502,32458.593.93$9,125
Oct 202502,26259.383.30$7,476
Sep 202502,09562.743.08$6,446
Aug 202502,09463.933.01$6,313
Jul 202502,19966.743.32$7,290
Jun 202502,18166.483.13$6,824
May 202502,25760.553.23$7,295
Apr 202502,22462.363.54$7,880
Mar 202502,28767.704.27$9,762
Feb 202501,99470.884.34$8,656
Jan 202502,32874.324.28$9,961
Dec 202402,50168.993.12$7,807
Nov 202402,37369.052.20$5,217
Oct 202402,40771.372.28$5,491
Sep 202402,41969.612.36$5,719
Aug 202402,56375.632.06$5,289
Jul 202402,56079.932.15$5,495
Jun 202402,37378.082.63$6,250
May 202402,46578.812.20$5,419
Apr 202402,39184.451.66$3,967
Mar 202402,44480.301.55$3,776
Feb 202402,28476.091.78$4,074
Jan 202402,78173.023.30$9,171
Dec 202302,70871.262.61$7,070
Nov 202302,53777.892.81$7,123
Oct 202302,48385.443.09$7,666
Sep 202302,68789.042.74$7,349
Aug 202302,91280.522.67$7,783
Jul 202303,04474.852.64$8,042
Jun 202302,64168.962.26$5,965
May 202302,80370.622.23$6,243
Apr 202302,77878.122.24$6,217
Mar 202302,95072.852.39$7,060
Feb 202302,48675.112.47$6,130
Jan 202302,64876.533.39$8,971
Dec 202202,66076.415.73$15,239
Nov 202202,63285.005.65$14,861
Oct 202203,01287.185.86$17,662
Sep 202203,09984.888.16$25,299
Aug 202202,89694.529.13$26,432
Jul 202203,193101.587.54$24,082
Jun 202203,105115.097.98$24,769
May 202203,217109.378.43$27,129
Apr 202203,141104.226.84$21,477
Mar 202203,215108.885.08$16,321
Feb 202202,74291.054.86$13,323
Jan 202203,13581.844.54$14,226
Dec 202102,83071.323.90$11,035
Nov 202102,33877.435.24$12,244
Oct 202102,62279.795.71$14,982
Sep 202102,92769.865.35$15,662
Aug 202103,63466.024.22$15,338
Jul 202103,56770.783.98$14,204
Jun 202103,67169.493.38$12,410
May 202103,92063.483.02$11,829
Apr 202103,82560.362.76$10,551
Mar 202104,09561.302.72$11,126
Feb 202103,20857.805.55$17,798
Jan 202103,79550.412.81$10,665
Dec 202003,92344.642.68$10,496
Nov 202003,93538.772.71$10,650
Oct 202004,14936.972.48$10,283
Sep 202004,14237.091.99$8,247
Aug 202004,36839.982.39$10,418
Jul 202004,36938.371.83$7,974
Jun 202004,38334.901.69$7,409
May 202004,65116.921.81$8,440
Apr 202004,02114.751.80$7,255
Mar 202004,18130.341.86$7,761
Feb 202004,12049.881.98$8,160
Jan 202004,36657.252.09$9,146
Dec 201904,40859.012.30$10,158
Nov 201904,22255.302.75$11,613
Oct 201904,42653.472.42$10,704
Sep 201904,46555.052.66$11,865
Aug 201904,58453.112.30$10,563
Jul 201904,65856.272.46$11,459
Jun 201904,72852.782.49$11,778
May 201904,84358.482.74$13,271
Apr 201904,71162.632.75$12,959
Mar 201904,75456.803.06$14,557
Feb 201902,97250.852.79$8,298
Jan 201905,05946.033.23$16,331
Dec 201805,31546.594.19$22,246
Nov 201804,55452.934.24$19,296
Oct 201805,34061.443.40$18,146
Sep 201805,41559.543.11$16,830
Aug 201807,51759.403.07$23,051
Jul 201801,24265.142.93$3,641
Jun 20180060.183.08$0
May 201803,69465.382.90$10,716
Apr 20180063.842.90$0
Mar 201804,97461.222.79$13,862
Feb 201805,13961.782.77$14,215
Jan 201804,62262.874.01$18,531
Dec 201705,50057.272.92$16,068
Nov 201705,39255.423.12$16,814
Oct 201705,93449.292.98$17,705
Sep 201705,82447.523.09$17,980
Aug 201706,02545.373.00$18,102
Jul 201708,55443.873.09$26,409
Jun 2017015,70342.493.09$48,480
May 2017015,16645.373.26$49,493
Apr 2017014,71547.933.21$47,259
Mar 2017015,59846.772.98$46,539
Feb 2017013,56250.452.95$40,043
Jan 2017013,47849.413.42$46,079
Dec 2016014,64948.763.72$54,536
Nov 2016014,48042.492.64$38,290
Oct 2016014,93746.193.09$46,159
Sep 2016014,56541.553.10$45,161
Aug 2016016,92741.442.92$49,500
Jul 201609,90141.622.92$28,954
Jun 201606,15645.352.69$16,534
May 201609,41142.521.99$18,738
Apr 201608,45636.561.99$16,836
Mar 201609,21233.011.79$16,526
Feb 201608,63326.472.06$17,815
Jan 2016010,10927.352.36$23,901
Dec 2015010,00032.362.00$20,014
Nov 201509,20138.792.17$19,942
Oct 201505,61443.552.43$13,623
Sep 201505,27642.992.76$14,553
Aug 201505,78340.162.87$16,612
Jul 201505,92048.152.95$17,435
Jun 201505,60956.152.88$16,170
May 201505,84955.212.96$17,286
Apr 201505,74349.822.71$15,544
Mar 201505,83442.892.93$17,121
Feb 201505,84044.662.98$17,381
Jan 201506,55843.433.10$20,334
Dec 201406,44954.693.59$23,161
Nov 201405,86370.464.25$24,929
Oct 201406,07278.303.90$23,687
Sep 201406,01786.164.05$24,341
Aug 201406,20589.394.04$25,038
Jul 201406,38996.564.18$26,703
Jun 201406,16098.164.74$29,179
May 201406,49894.734.73$30,713
Apr 201406,28395.944.81$30,216
Mar 201406,32295.895.06$31,969
Feb 201405,72397.406.19$35,437
Jan 201406,84590.404.86$33,272
Dec 201306,35191.824.35$27,655
Nov 201306,49888.853.74$24,291
Oct 201306,78797.423.78$25,651
Sep 201306,715104.113.72$24,965
Aug 201307,188104.253.52$25,321
Jul 201307,017102.523.72$26,087
Jun 201306,59394.403.93$25,933
May 201307,12794.834.15$29,570
Apr 201306,92893.964.28$29,670
Mar 201307,09993.623.91$27,777
Feb 201306,66591.233.42$22,794
Jan 201307,44191.603.42$25,448
Dec 201207,44186.773.42$25,449
Nov 201207,19286.953.62$26,071
Oct 201207,64089.383.40$25,974
Sep 201207,33494.672.92$21,404
Aug 201207,56492.662.91$21,997
Jul 201207,62685.133.02$23,037
Jun 201207,53179.822.52$18,971
May 201208,02991.612.49$19,979
Apr 201208,059101.652.00$16,092
Mar 201208,831105.052.22$19,623
Feb 201207,088101.102.57$18,218
Jan 201208,28298.092.73$22,644
Dec 201107,61796.873.24$24,677
Nov 201108,16495.723.31$27,033
Oct 201108,46884.983.65$30,896
Sep 201108,28983.623.99$33,038
Aug 201108,08183.404.15$33,531
Jul 201106,94094.144.52$31,350
Jun 201106,90792.904.64$32,048
May 201107,62598.134.40$33,587
Apr 201107,872105.964.33$34,112
Mar 201107,33096.364.06$29,740
Feb 201106,51585.644.18$27,233
Jan 201108,22186.504.59$37,724
Dec 201008,05685.734.35$35,025
Nov 201007,59080.843.80$28,807
Oct 201008,55578.103.51$30,019
Sep 201008,32872.633.98$33,141
Aug 201009,08873.684.42$40,163
Jul 201009,30372.554.74$44,064
Jun 201009,18770.364.91$45,112
May 201009,55371.124.24$40,459
Apr 201009,40581.694.12$38,774
Mar 201009,33978.394.39$40,986
Feb 201008,76973.585.44$47,724
Jan 201008,98074.365.96$53,558
Dec 200909,75871.445.48$53,510
Nov 200909,58874.593.75$35,969
Oct 200909,57572.544.11$39,356
Sep 200919,41965.543.06$28,932
Aug 2009010,01367.423.22$32,227
Jul 2009010,39761.133.46$36,020
Jun 2009010,08466.163.90$39,277
May 2009010,72254.743.93$42,092
Apr 2009010,39646.773.59$37,296
Mar 2009010,77542.144.06$43,736
Feb 200909,66932.814.63$44,796
Jan 2009011,52435.865.37$61,895
Dec 2008011,01837.105.98$65,856
Nov 2008011,13955.496.86$76,418
Oct 2008012,21275.246.92$84,531
Sep 2008012,090101.767.88$95,234
Aug 2008012,248114.228.48$103,900
Jul 2008012,427131.0811.39$141,536
Jun 200808,717131.3313.03$113,605
May 2008011,223123.1711.57$129,898
Apr 2008010,169110.3110.45$106,315
Mar 2008012,352101.909.66$119,371
Feb 2008010,85192.538.77$95,170
Jan 2008012,53290.388.21$102,834
Dec 2007012,91188.337.30$94,276
Nov 2007012,85991.677.29$93,764
Oct 2007013,91382.856.92$96,306
Sep 2007013,94375.846.24$87,062
Aug 2007012,45469.066.39$79,555
Jul 2007013,06570.906.39$83,458
Jun 2007012,68362.007.55$95,737
May 2007013,92358.747.85$109,244
Apr 2007013,36259.617.81$104,293
Mar 2007014,11756.927.30$103,082
Feb 2007013,43455.108.22$110,374
Jan 2007015,26750.306.73$102,699
Dec 2006016,10756.656.92$111,435
Nov 2006015,61954.207.62$118,977
Oct 2006016,27254.906.01$97,857
Sep 2006016,80160.085.04$84,630
Aug 2006016,61468.717.34$121,945
Jul 2006017,19369.376.34$109,051
Jun 2006016,77266.286.38$107,070
May 2006017,76766.016.42$114,153
Apr 2006017,69564.397.36$130,244
Mar 2006018,42756.707.08$130,517
Feb 2006017,20157.597.75$133,327
Jan 2006020,59660.598.93$183,991
Dec 2005022,21254.9413.42$297,983
Nov 2005021,47454.6910.59$227,375
Oct 2005016,69858.3413.80$230,362
Sep 2005042,92061.4512.08$518,431
Aug 2005044,06561.519.80$431,698
Jul 2005041,38055.697.84$324,570
Jun 2005056,32552.337.38$415,737
May 2005060,04045.226.65$399,336
Apr 2005056,98349.207.36$419,422
Mar 2005035,97350.377.15$257,383
Feb 20050045.226.31$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                2,000 Mcf  × $  3.05 =     $6,092

────────────────────────────────────────────────────
Month total                                   $6,092

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/214880 is the state's own key, not one this site invented.