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 214896District 09Field 65280200CondensateGasSaveExport
Value, all time
$12.9 M
Mar 2005 – May 2026
Value, last 12 filed months
$0
at the published price for each month
Months reported
255
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$71
GasProduction1,993,617 Mcf$12,948,807
Total$12,948,878

Every month this lease reported (255)

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

255 months

May 202600106.413.05$0
Apr 20260098.932.87$0
Mar 20260089.753.15$0
Feb 20260063.503.75$0
Jan 20260059.138.00$0
Dec 20250056.664.41$0
Nov 20250058.593.93$0
Oct 20250059.383.30$0
Sep 20250062.743.08$0
Aug 20250063.933.01$0
Jul 20250066.743.32$0
Jun 20250066.483.13$0
May 20250060.553.23$0
Apr 20250062.363.54$0
Mar 20250067.704.27$0
Feb 20250070.884.34$0
Jan 20250074.324.28$0
Dec 20240068.993.12$0
Nov 20240069.052.20$0
Oct 20240071.372.28$0
Sep 20240069.612.36$0
Aug 20240075.632.06$0
Jul 20240079.932.15$0
Jun 20240078.082.63$0
May 20240078.812.20$0
Apr 20240084.451.66$0
Mar 20240080.301.55$0
Feb 20240076.091.78$0
Jan 20240073.023.30$0
Dec 20230071.262.61$0
Nov 20230077.892.81$0
Oct 20230085.443.09$0
Sep 20230089.042.74$0
Aug 20230080.522.67$0
Jul 20230074.852.64$0
Jun 20230068.962.26$0
May 20230070.622.23$0
Apr 20230078.122.24$0
Mar 20230072.852.39$0
Feb 20230075.112.47$0
Jan 20230076.533.39$0
Dec 20220076.415.73$0
Nov 20220085.005.65$0
Oct 20220087.185.86$0
Sep 20220084.888.16$0
Aug 20220094.529.13$0
Jul 202200101.587.54$0
Jun 202200115.097.98$0
May 202200109.378.43$0
Apr 202200104.226.84$0
Mar 202200108.885.08$0
Feb 20220091.054.86$0
Jan 20220081.844.54$0
Dec 20210071.323.90$0
Nov 20210077.435.24$0
Oct 20210079.795.71$0
Sep 20210069.865.35$0
Aug 20210066.024.22$0
Jul 20210070.783.98$0
Jun 20210069.493.38$0
May 20210063.483.02$0
Apr 20210060.362.76$0
Mar 20210061.302.72$0
Feb 20210957.805.55$50
Jan 202102150.412.81$59
Dec 202001844.642.68$48
Nov 202002038.772.71$54
Oct 202003036.972.48$74
Sep 202003437.091.99$68
Aug 202004239.982.39$100
Jul 202005038.371.83$91
Jun 202006134.901.69$103
May 202006516.921.81$118
Apr 20200014.751.80$0
Mar 202004230.341.86$78
Feb 202003649.881.98$71
Jan 202003657.252.09$75
Dec 201903659.012.30$83
Nov 201903655.302.75$99
Oct 201904953.472.42$119
Sep 201906955.052.66$183
Aug 201907353.112.30$168
Jul 20190056.272.46$0
Jun 20190552.782.49$12
May 201901058.482.74$27
Apr 201901562.632.75$41
Mar 201903556.803.06$107
Feb 201903850.852.79$106
Jan 201905646.033.23$181
Dec 201803846.594.19$159
Nov 20180052.934.24$0
Oct 20180061.443.40$0
Sep 20180059.543.11$0
Aug 20180059.403.07$0
Jul 20180065.142.93$0
Jun 2018010460.183.08$320
May 20180065.382.90$0
Apr 20180063.842.90$0
Mar 20180061.222.79$0
Feb 201801361.782.77$36
Jan 2018017462.874.01$698
Dec 201704,05257.272.92$11,838
Nov 2017022055.423.12$686
Oct 2017030949.292.98$922
Sep 2017029547.523.09$911
Aug 2017016545.373.00$496
Jul 201701,04243.873.09$3,217
Jun 2017083942.493.09$2,590
May 2017088545.373.26$2,888
Apr 2017085047.933.21$2,730
Mar 2017087146.772.98$2,599
Feb 2017094650.452.95$2,793
Jan 2017093549.413.42$3,197
Dec 201601,10448.763.72$4,110
Nov 201601,22942.492.64$3,250
Oct 2016063146.193.09$1,950
Sep 201601,86241.553.10$5,773
Aug 201602,68441.442.92$7,849
Jul 201606,39941.622.92$18,713
Jun 201608,35845.352.69$22,448
May 201604,83042.521.99$9,617
Apr 2016079136.561.99$1,575
Mar 201601,05433.011.79$1,891
Feb 201601,36626.472.06$2,819
Jan 201601,96027.352.36$4,634
Dec 201502,39932.362.00$4,801
Nov 201503,17838.792.17$6,888
Oct 201505,59543.552.43$13,577
Sep 201507,20942.992.76$19,885
Aug 201506,31940.162.87$18,151
Jul 201506,78748.152.95$19,988
Jun 201508,39056.152.88$24,187
May 2015010,98555.212.96$32,466
Apr 2015012,67049.822.71$34,292
Mar 2015013,13942.892.93$38,559
Feb 2015013,39044.662.98$39,851
Jan 2015016,75843.433.10$51,960
Dec 2014020,16754.693.59$72,427
Nov 2014018,09070.464.25$76,916
Oct 2014011,50878.303.90$44,892
Sep 201401,91186.164.05$7,731
Aug 201404,85689.394.04$19,595
Jul 201404,81596.564.18$20,125
Jun 201404,48298.164.74$21,231
May 201405,54594.734.73$26,209
Apr 201406,01995.944.81$28,946
Mar 201404,30995.895.06$21,790
Feb 201402,33797.406.19$14,471
Jan 201404,04090.404.86$19,637
Dec 201305,38591.824.35$23,449
Nov 201305,65788.853.74$21,147
Oct 201306,38397.423.78$24,124
Sep 201306,324104.113.72$23,511
Aug 201306,488104.253.52$22,855
Jul 201306,348102.523.72$23,600
Jun 201306,60394.403.93$25,972
May 201306,76894.834.15$28,081
Apr 201306,69293.964.28$28,659
Mar 201306,80193.623.91$26,611
Feb 201305,93291.233.42$20,287
Jan 201306,55691.603.42$22,421
Dec 201207,65386.773.42$26,174
Nov 201207,98886.953.62$28,956
Oct 201207,75489.383.40$26,361
Sep 201208,07194.672.92$23,554
Aug 201207,92692.662.91$23,050
Jul 201207,69485.133.02$23,242
Jun 201207,77479.822.52$19,583
May 201208,24391.612.49$20,511
Apr 201207,543101.652.00$15,062
Mar 201209,149105.052.22$20,330
Feb 201208,904101.102.57$22,885
Jan 2012011,43498.092.73$31,261
Dec 201107,54296.873.24$24,434
Nov 201107,37695.723.31$24,424
Oct 201109,57184.983.65$34,920
Sep 201107,65283.623.99$30,499
Aug 201109,70383.404.15$40,261
Jul 201109,06994.144.52$40,967
Jun 201106,85292.904.64$31,792
May 201106,50998.134.40$28,671
Apr 201107,295105.964.33$31,611
Mar 201107,49796.364.06$30,418
Feb 201106,64985.644.18$27,793
Jan 201108,05486.504.59$36,958
Dec 201008,88885.734.35$38,643
Nov 201008,48480.843.80$32,200
Oct 201009,23078.103.51$32,387
Sep 201009,01172.633.98$35,859
Aug 201008,94173.684.42$39,514
Jul 201009,01072.554.74$42,676
Jun 201009,07470.364.91$44,557
May 201019,61071.124.24$40,772
Apr 201009,87081.694.12$40,691
Mar 2010010,43478.394.39$45,791
Feb 201009,25373.585.44$50,358
Jan 2010010,84874.365.96$64,698
Dec 2009010,79971.445.48$59,219
Nov 2009011,61774.593.75$43,581
Oct 2009012,41072.544.11$51,008
Sep 200908,50765.543.06$26,072
Aug 200908,60167.423.22$27,682
Jul 2009013,15161.133.46$45,562
Jun 2009012,74966.163.90$49,657
May 2009015,63354.743.93$61,371
Apr 2009015,90346.773.59$57,052
Mar 2009016,92442.144.06$68,695
Feb 2009017,40532.814.63$80,637
Jan 2009018,14235.865.37$97,441
Dec 2008015,80737.105.98$94,481
Nov 2008015,81055.496.86$108,462
Oct 2008017,10875.246.92$118,421
Sep 2008017,333101.767.88$136,534
Aug 2008017,103114.228.48$145,085
Jul 2008016,656131.0811.39$189,702
Jun 200809,966131.3313.03$129,883
May 2008013,190123.1711.57$152,665
Apr 2008012,930110.3110.45$135,181
Mar 2008017,098101.909.66$165,236
Feb 2008016,64792.538.77$146,004
Jan 2008019,29890.388.21$158,354
Dec 2007020,18288.337.30$147,368
Nov 2007020,75691.677.29$151,347
Oct 2007021,43482.856.92$148,366
Sep 2007021,70475.846.24$135,523
Aug 2007024,48669.066.39$156,415
Jul 2007029,24870.906.39$186,834
Jun 2007010,61962.007.55$80,157
May 2007015,30258.747.85$120,064
Apr 2007013,60459.617.81$106,182
Mar 2007014,63056.927.30$106,828
Feb 2007015,01755.108.22$123,380
Jan 2007018,59850.306.73$125,106
Dec 2006020,70856.656.92$143,267
Nov 2006020,55954.207.62$156,608
Oct 2006022,71754.906.01$136,615
Sep 2006020,65460.085.04$104,038
Aug 2006021,25268.717.34$155,988
Jul 2006025,58769.376.34$162,292
Jun 2006029,99566.286.38$191,484
May 2006033,44166.016.42$214,858
Apr 2006035,90964.397.36$264,307
Mar 2006042,63756.707.08$301,994
Feb 2006037,15657.597.75$288,001
Jan 2006038,90760.598.93$347,569
Dec 2005043,97054.9413.42$589,875
Nov 2005043,06654.6910.59$456,000
Oct 2005036,65858.3413.80$505,725
Sep 2005052,13161.4512.08$629,690
Aug 2005056,43861.519.80$552,914
Jul 2005051,86755.697.84$406,826
Jun 2005068,17752.337.38$503,217
May 2005066,93645.226.65$445,202
Apr 2005026,20349.207.36$192,867
Mar 20050050.377.15$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.

Feb 2021 — as filed, then multipliedworked
Condensate             0 bbl  × $ 57.80 =         $0
Gas                    9 Mcf  × $  5.55 =        $50

────────────────────────────────────────────────────
Month total                                      $50

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/214896 is the state's own key, not one this site invented.