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 214901District 09Field 65280200CondensateGasSaveExport
Value, all time
$9.2 M
Apr 2005 – May 2026
Value, last 12 filed months
$0
at the published price for each month
Months reported
254
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
CondensateDisposition28 bbl$2,206
GasProduction1,467,621 Mcf$9,175,954
Total$9,178,160

Every month this lease reported (254)

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

254 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 20230285.443.09$6
Sep 202307789.042.74$211
Aug 2023095480.522.67$2,550
Jul 202301,24174.852.64$3,278
Jun 202301,09968.962.26$2,482
May 202301,01270.622.23$2,254
Apr 2023068778.122.24$1,537
Mar 2023042272.852.39$1,010
Feb 2023011975.112.47$293
Jan 2023019576.533.39$661
Dec 202206076.415.73$344
Nov 202208785.005.65$491
Oct 2022028587.185.86$1,671
Sep 2022031484.888.16$2,563
Aug 20220094.529.13$0
Jul 202200101.587.54$0
Jun 2022092115.097.98$734
May 202200109.378.43$0
Apr 20220665104.226.84$4,547
Mar 20220625108.885.08$3,173
Feb 2022037091.054.86$1,798
Jan 20220081.844.54$0
Dec 2021013171.323.90$511
Nov 2021026577.435.24$1,388
Oct 202101,62779.795.71$9,296
Sep 202101,36969.865.35$7,325
Aug 2021072066.024.22$3,039
Jul 202101,91470.783.98$7,622
Jun 202101,01469.493.38$3,428
May 2021087663.483.02$2,643
Apr 202101,46060.362.76$4,027
Mar 202101,99261.302.72$5,412
Feb 202101,16157.805.55$6,441
Jan 202102,18750.412.81$6,146
Dec 202001,44744.642.68$3,871
Nov 202001,14438.772.71$3,096
Oct 202001,55836.972.48$3,861
Sep 202001,98037.091.99$3,942
Aug 202002,23939.982.39$5,340
Jul 202002,03438.371.83$3,712
Jun 202002,20434.901.69$3,725
May 202002,10616.921.81$3,822
Apr 2020083314.751.80$1,503
Mar 202001,21830.341.86$2,261
Feb 202001,23849.881.98$2,452
Jan 202001,35757.252.09$2,843
Dec 2019085859.012.30$1,977
Nov 201901,14355.302.75$3,144
Oct 201902,71053.472.42$6,554
Sep 201902,50155.052.66$6,646
Aug 201902,61453.112.30$6,024
Jul 201902,78456.272.46$6,849
Jun 201902,13252.782.49$5,311
May 201902,77058.482.74$7,591
Apr 201902,64262.632.75$7,267
Mar 201903,16956.803.06$9,704
Feb 201903,09450.852.79$8,639
Jan 201903,09346.033.23$9,985
Dec 201803,15046.594.19$13,184
Nov 201803,09552.934.24$13,114
Oct 201801,98661.443.40$6,749
Sep 201802,77559.543.11$8,625
Aug 201802,12959.403.07$6,529
Jul 201802,44965.142.93$7,180
Jun 201802,31360.183.08$7,117
May 201802,32465.382.90$6,741
Apr 201802,10863.842.90$6,115
Mar 201802,26461.222.79$6,309
Feb 201801,04761.782.77$2,896
Jan 201801,26362.874.01$5,064
Dec 20170057.272.92$0
Nov 20170655.423.12$19
Oct 20170049.292.98$0
Sep 2017019747.523.09$608
Aug 201702,43045.373.00$7,301
Jul 201702,86843.873.09$8,854
Jun 201704,10442.493.09$12,670
May 201704,06245.373.26$13,256
Apr 201703,12347.933.21$10,030
Mar 201703,65246.772.98$10,896
Feb 201701,91350.452.95$5,648
Jan 201702,71949.413.42$9,296
Dec 201604,29748.763.72$15,997
Nov 201603,90542.492.64$10,326
Oct 201604,67146.193.09$14,435
Sep 201604,25741.553.10$13,199
Aug 201604,30641.442.92$12,592
Jul 201603,79941.622.92$11,110
Jun 201605,31145.352.69$14,264
May 201605,30242.521.99$10,556
Apr 201605,49736.561.99$10,945
Mar 201605,56333.011.79$9,980
Feb 201605,25926.472.06$10,853
Jan 201605,17227.352.36$12,228
Dec 201501,43532.362.00$2,872
Nov 201503,95538.792.17$8,572
Oct 201505,89743.552.43$14,310
Sep 201505,88242.992.76$16,225
Aug 201505,90340.162.87$16,956
Jul 201505,69348.152.95$16,766
Jun 201503,48056.152.88$10,032
May 20150055.212.96$0
Apr 20150049.822.71$0
Mar 20150042.892.93$0
Feb 20150044.662.98$0
Jan 20150043.433.10$0
Dec 20140054.693.59$0
Nov 20140070.464.25$0
Oct 20140078.303.90$0
Sep 20140086.164.05$0
Aug 20140889.394.04$32
Jul 20140096.564.18$0
Jun 201401,34098.164.74$6,347
May 201406,32094.734.73$29,872
Apr 201404,86495.944.81$23,392
Mar 201405,39095.895.06$27,256
Feb 201404,40597.406.19$27,276
Jan 201405,98390.404.86$29,082
Dec 201303,55091.824.35$15,458
Nov 201303,54088.853.74$13,234
Oct 201306,16297.423.78$23,288
Sep 201305,877104.113.72$21,849
Aug 201304,851104.253.52$17,088
Jul 201306,740102.523.72$25,058
Jun 201302,65094.403.93$10,424
May 201305,62594.834.15$23,339
Apr 201307,44293.964.28$31,871
Mar 201308,04393.623.91$31,471
Feb 201305,33091.233.42$18,228
Jan 201308,81191.603.42$30,133
Dec 201209,34786.773.42$31,968
Nov 201208,60586.953.62$31,193
Oct 201208,87089.383.40$30,155
Sep 201209,23794.672.92$26,957
Aug 201208,85692.662.91$25,755
Jul 201207,14085.133.02$21,569
Jun 201209,57279.822.52$24,112
May 2012011,25191.612.49$27,996
Apr 201204,949101.652.00$9,882
Mar 201204,447105.052.22$9,882
Feb 201203,661101.102.57$9,410
Jan 201205,45998.092.73$14,925
Dec 201105,17196.873.24$16,753
Nov 201106,65395.723.31$22,030
Oct 201157,69384.983.65$28,493
Sep 201106,90183.623.99$27,506
Aug 201105,61283.404.15$23,286
Jul 201108,06294.144.52$36,418
Jun 201105,87892.904.64$27,273
May 201132,46198.134.40$11,135
Apr 201100105.964.33$0
Mar 20110096.364.06$0
Feb 201101985.644.18$79
Jan 201113,84286.504.59$17,717
Dec 201014,17885.734.35$18,251
Nov 201024,17480.843.80$16,003
Oct 201015,41278.103.51$19,068
Sep 201026,45672.633.98$25,837
Aug 201005,78373.684.42$25,557
Jul 201004,39772.554.74$20,826
Jun 201003,92870.364.91$19,288
May 201015,84771.124.24$24,834
Apr 201036,27681.694.12$26,119
Mar 201004,93578.394.39$21,658
Feb 201014,15173.585.44$22,665
Jan 201005,20674.365.96$31,049
Dec 200914,81971.445.48$26,498
Nov 200924,85274.593.75$18,351
Oct 200905,90172.544.11$24,255
Sep 200935,91565.543.06$18,325
Aug 200908,12167.423.22$26,137
Jul 200908,66961.133.46$30,034
Jun 200907,73866.163.90$30,140
May 2009010,00954.743.93$39,293
Apr 2009010,86746.773.59$38,985
Mar 2009011,20442.144.06$45,477
Feb 2009010,82032.814.63$50,129
Jan 200907,03035.865.37$37,758
Dec 200808,78437.105.98$52,503
Nov 200809,05955.496.86$62,148
Oct 200809,29075.246.92$64,305
Sep 200805,588101.767.88$44,017
Aug 200800114.228.48$0
Jul 200800131.0811.39$0
Jun 200800131.3313.03$0
May 20080415123.1711.57$4,803
Apr 200802,264110.3110.45$23,670
Mar 200804,545101.909.66$43,923
Feb 200801,34892.538.77$11,823
Jan 200804,03090.388.21$33,069
Dec 2007012,40488.337.30$90,574
Nov 2007012,20691.677.29$89,002
Oct 2007013,18382.856.92$91,252
Sep 2007013,63775.846.24$85,152
Aug 2007015,02469.066.39$95,972
Jul 2007015,68270.906.39$100,176
Jun 2007017,17662.007.55$129,652
May 2007011,74158.747.85$92,123
Apr 2007017,38459.617.81$135,686
Mar 2007019,26656.927.30$140,680
Feb 2007017,75255.108.22$145,850
Jan 2007019,03950.306.73$128,073
Dec 2006028,67056.656.92$198,352
Nov 2006031,65454.207.62$241,124
Oct 2006034,25054.906.01$205,973
Sep 2006034,23560.085.04$172,449
Aug 2006034,98568.717.34$256,787
Jul 2006036,96669.376.34$234,466
Jun 2006035,99066.286.38$229,756
May 2006039,81766.016.42$255,824
Apr 2006040,74164.397.36$299,873
Mar 2006044,00056.707.08$311,648
Feb 2006033,57657.597.75$260,252
Jan 2006041,83060.598.93$373,681
Dec 2005046,56054.9413.42$624,621
Nov 2005045,22954.6910.59$478,903
Oct 2005041,82858.3413.80$577,049
Sep 2005241,20161.4512.08$497,790
Aug 2005015,51661.519.80$152,008
Jul 20050055.697.84$0
Jun 20050052.337.38$0
May 20050045.226.65$0
Apr 20050049.207.36$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.

Oct 2023 — as filed, then multipliedworked
Condensate             0 bbl  × $ 85.44 =         $0
Gas                    2 Mcf  × $  3.09 =         $6

────────────────────────────────────────────────────
Month total                                       $6

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/214901 is the state's own key, not one this site invented.