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 215626District 09Field 65280200CondensateGasSaveExport
Value, all time
$10.1 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
CondensateDisposition16 bbl$883
GasProduction1,668,375 Mcf$10,084,562
Total$10,085,445

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 20240271.372.28$5
Sep 20240069.612.36$0
Aug 20240075.632.06$0
Jul 20240279.932.15$4
Jun 20240378.082.63$8
May 202401778.812.20$37
Apr 2024018984.451.66$314
Mar 2024045980.301.55$709
Feb 2024047476.091.78$845
Jan 2024050573.023.30$1,665
Dec 2023038871.262.61$1,013
Nov 2023048077.892.81$1,348
Oct 2023056985.443.09$1,757
Sep 2023044789.042.74$1,223
Aug 2023050980.522.67$1,361
Jul 2023047874.852.64$1,263
Jun 2023081568.962.26$1,841
May 202301,11770.622.23$2,488
Apr 202301,36978.122.24$3,063
Mar 202301,58772.852.39$3,798
Feb 202301,56275.112.47$3,851
Jan 202301,43976.533.39$4,875
Dec 202201,32776.415.73$7,602
Nov 202201,39685.005.65$7,882
Oct 202201,32987.185.86$7,793
Sep 202201,00784.888.16$8,221
Aug 202201,14594.529.13$10,451
Jul 20220758101.587.54$5,717
Jun 2022021115.097.98$168
May 20220289109.378.43$2,437
Apr 20220574104.226.84$3,925
Mar 20220650108.885.08$3,300
Feb 2022070891.054.86$3,440
Jan 2022096381.844.54$4,370
Dec 2021065371.323.90$2,546
Nov 2021069977.435.24$3,661
Oct 2021042079.795.71$2,400
Sep 2021012269.865.35$653
Aug 202105066.024.22$211
Jul 202105870.783.98$231
Jun 2021011269.493.38$379
May 202109263.483.02$278
Apr 2021013360.362.76$367
Mar 2021018961.302.72$514
Feb 2021026857.805.55$1,487
Jan 2021028250.412.81$793
Dec 2020049444.642.68$1,322
Nov 2020062238.772.71$1,683
Oct 202001,17936.972.48$2,922
Sep 202001,53337.091.99$3,052
Aug 202001,64939.982.39$3,933
Jul 202001,69138.371.83$3,086
Jun 202001,68834.901.69$2,853
May 202001,79816.921.81$3,263
Apr 202001,76914.751.80$3,192
Mar 202002,01430.341.86$3,738
Feb 202001,79549.881.98$3,555
Jan 202001,84257.252.09$3,859
Dec 201901,88359.012.30$4,339
Nov 201901,86055.302.75$5,116
Oct 201902,05453.472.42$4,968
Sep 201902,19155.052.66$5,822
Aug 201902,20153.112.30$5,072
Jul 201902,34656.272.46$5,771
Jun 201902,26852.782.49$5,650
May 201902,40558.482.74$6,590
Apr 201902,31962.632.75$6,379
Mar 201902,31156.803.06$7,077
Feb 201902,01250.852.79$5,618
Jan 201901,95746.033.23$6,318
Dec 201801,70846.594.19$7,149
Nov 201801,67652.934.24$7,102
Oct 201801,64761.443.40$5,597
Sep 201801,65359.543.11$5,138
Aug 201801,62359.403.07$4,977
Jul 201801,72265.142.93$5,049
Jun 201801,24360.183.08$3,825
May 201801,46465.382.90$4,247
Apr 201801,42463.842.90$4,131
Mar 201801,43661.222.79$4,002
Feb 201802,10161.782.77$5,812
Jan 201802,20662.874.01$8,845
Dec 201702,41757.272.92$7,061
Nov 201703,05055.423.12$9,511
Oct 201703,31949.292.98$9,903
Sep 201703,45347.523.09$10,660
Aug 201703,78245.373.00$11,363
Jul 201703,78543.873.09$11,685
Jun 201703,56742.493.09$11,012
May 201703,84345.373.26$12,541
Apr 201703,99947.933.21$12,843
Mar 201704,17746.772.98$12,463
Feb 201703,72550.452.95$10,998
Jan 201704,48349.413.42$15,326
Dec 201604,49248.763.72$16,723
Nov 201604,12242.492.64$10,900
Oct 201604,34146.193.09$13,415
Sep 201602,54441.553.10$7,888
Aug 201603,78341.442.92$11,063
Jul 201603,34641.622.92$9,785
Jun 201604,00945.352.69$10,767
May 201605,05642.521.99$10,067
Apr 201605,33536.561.99$10,622
Mar 201606,32333.011.79$11,344
Feb 201606,77026.472.06$13,971
Jan 201607,15127.352.36$16,908
Dec 201507,49732.362.00$15,005
Nov 201507,25838.792.17$15,730
Oct 201507,96243.552.43$19,320
Sep 201508,50042.992.76$23,447
Aug 201505,19440.162.87$14,920
Jul 201506,14948.152.95$18,109
Jun 201507,26756.152.88$20,950
May 201508,92355.212.96$26,371
Apr 201509,74149.822.71$26,365
Mar 2015012,16242.892.93$35,692
Feb 2015011,83044.662.98$35,208
Jan 2015015,67943.433.10$48,615
Dec 2014019,14654.693.59$68,760
Nov 2014024,97670.464.25$106,194
Oct 201405,76578.303.90$22,489
Sep 201406,71786.164.05$27,173
Aug 201405,68689.394.04$22,944
Jul 201405,36096.564.18$22,403
Jun 201405,46298.164.74$25,873
May 201405,79894.734.73$27,405
Apr 201405,42695.944.81$26,094
Mar 201405,80395.895.06$29,345
Feb 201405,27497.406.19$32,657
Jan 201405,97990.404.86$29,062
Dec 201305,98091.824.35$26,040
Nov 201306,17088.853.74$23,065
Oct 201306,58197.423.78$24,872
Sep 201306,684104.113.72$24,849
Aug 201306,657104.253.52$23,450
Jul 201306,954102.523.72$25,853
Jun 201306,62394.403.93$26,051
May 201306,92394.834.15$28,724
Apr 201307,08293.964.28$30,329
Mar 201307,48493.623.91$29,284
Feb 201306,75291.233.42$23,091
Jan 201307,69991.603.42$26,330
Dec 201208,13786.773.42$27,830
Nov 201208,25286.953.62$29,913
Oct 201209,23289.383.40$31,386
Sep 201209,47094.672.92$27,637
Aug 2012011,19892.662.91$32,566
Jul 201206,64885.133.02$20,082
Jun 20120079.822.52$0
May 20120091.612.49$0
Apr 201200101.652.00$0
Mar 201200105.052.22$0
Feb 201203101.102.57$8
Jan 20120398.092.73$8
Dec 20110096.873.24$0
Nov 2011015595.723.31$513
Oct 201106,73784.983.65$24,580
Sep 201106,13583.623.99$24,453
Aug 201104,94283.404.15$20,506
Jul 201105,89794.144.52$26,638
Jun 201106,82892.904.64$31,681
May 201107,21298.134.40$31,768
Apr 201106,163105.964.33$26,706
Mar 201105,73796.364.06$23,277
Feb 201105,69185.644.18$23,788
Jan 201105,88586.504.59$27,005
Dec 201006,44085.734.35$28,000
Nov 201005,54280.843.80$21,034
Oct 201006,82278.103.51$23,938
Sep 201007,83472.633.98$31,175
Aug 201008,28773.684.42$36,623
Jul 201008,06372.554.74$38,190
Jun 201007,86670.364.91$38,625
May 201008,16071.124.24$34,559
Apr 201008,12781.694.12$33,505
Mar 201008,62678.394.39$37,857
Feb 201007,45773.585.44$40,584
Jan 201008,56174.365.96$51,059
Dec 200908,54371.445.48$46,848
Nov 200908,76074.593.75$32,863
Oct 200909,12572.544.11$37,506
Sep 200907,17765.543.06$21,996
Aug 200905,09867.423.22$16,408
Jul 200909,96861.133.46$34,534
Jun 200908,24966.163.90$32,130
May 200909,72154.743.93$38,162
Apr 200908,48046.773.59$30,422
Mar 200909,81342.144.06$39,831
Feb 200907,25432.814.63$33,608
Jan 200909,37035.865.37$50,326
Dec 2008010,39237.105.98$62,114
Nov 2008010,03455.496.86$68,837
Oct 2008010,60375.246.92$73,394
Sep 2008011,454101.767.88$90,224
Aug 2008011,591114.228.48$98,327
Jul 2008012,056131.0811.39$137,311
Jun 200806,260131.3313.03$81,584
May 200809,290123.1711.57$107,525
Apr 200807,758110.3110.45$81,109
Mar 2008010,221101.909.66$98,776
Feb 2008010,23092.538.77$89,723
Jan 2008010,53490.388.21$86,439
Dec 2007011,40588.337.30$83,279
Nov 2007012,24391.677.29$89,272
Oct 2007012,56882.856.92$86,995
Sep 2007011,70775.846.24$73,100
Aug 2007013,31769.066.39$85,068
Jul 2007014,26470.906.39$91,118
Jun 2007015,02762.007.55$113,431
May 2007016,65958.747.85$130,711
Apr 2007016,25559.617.81$126,874
Mar 2007016,59956.927.30$121,205
Feb 2007016,26455.108.22$133,625
Jan 2007020,22850.306.73$136,071
Dec 2006021,60256.656.92$149,452
Nov 2006019,22654.207.62$146,454
Oct 2006021,03654.906.01$126,506
Sep 2006020,21160.085.04$101,807
Aug 2006021,39068.717.34$157,001
Jul 2006022,74069.376.34$144,234
Jun 2006022,49366.286.38$143,593
May 2006024,44166.016.42$157,033
Apr 2006025,31464.397.36$186,323
Mar 2006127,76756.707.08$196,728
Feb 2006224,12557.597.75$187,111
Jan 2006028,07860.598.93$250,830
Dec 2005229,09454.9413.42$390,418
Nov 20051129,76454.6910.59$315,755
Oct 2005031,93758.3413.80$440,595
Sep 2005024,03261.4512.08$290,283
Aug 2005042,89161.519.80$420,196
Jul 2005041,99855.697.84$329,417
Jun 2005046,04352.337.38$339,845
May 2005048,39645.226.65$321,890
Apr 200509,71549.207.36$71,507
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.

Oct 2024 — as filed, then multipliedworked
Condensate             0 bbl  × $ 71.37 =         $0
Gas                    2 Mcf  × $  2.28 =         $5

────────────────────────────────────────────────────
Month total                                       $5

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/215626 is the state's own key, not one this site invented.