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 216105District 09Field 65280200GasSaveExport
Value, all time
$19.8 M
May 2005 – May 2026
Value, last 12 filed months
$89 k
at the published price for each month
Months reported
253
no gaps in the span
Streams
1
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
GasProduction3,404,185 Mcf$19,831,073
Total$19,831,073

Every month this lease reported (253)

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

253 months

May 20262,103106.413.05$6,405
Apr 20261,97298.932.87$5,659
Mar 20262,23189.753.15$7,026
Feb 202622463.503.75$840
Jan 202624859.138.00$1,983
Dec 20252,31256.664.41$10,204
Nov 20252,36558.593.93$9,286
Oct 20252,68659.383.30$8,877
Sep 20252,79262.743.08$8,591
Aug 20253,10363.933.01$9,355
Jul 20253,13766.743.32$10,400
Jun 20253,17566.483.13$9,934
May 20253,29160.553.23$10,638
Apr 20252,91462.363.54$10,325
Mar 20253,02867.704.27$12,924
Feb 20252,60370.884.34$11,299
Jan 20252,98174.324.28$12,755
Dec 20243,00768.993.12$9,386
Nov 20242,90969.052.20$6,395
Oct 20243,00571.372.28$6,856
Sep 20242,75569.612.36$6,514
Aug 20242,67175.632.06$5,512
Jul 20243,31879.932.15$7,122
Jun 20243,35078.082.63$8,824
May 20243,39578.812.20$7,464
Apr 20243,16584.451.66$5,251
Mar 20243,18680.301.55$4,923
Feb 20243,02176.091.78$5,388
Jan 20242,44673.023.30$8,066
Dec 20233,01071.262.61$7,858
Nov 20232,98877.892.81$8,389
Oct 20232,90885.443.09$8,978
Sep 20233,10689.042.74$8,495
Aug 20232,94780.522.67$7,877
Jul 20232,84874.852.64$7,524
Jun 20232,44768.962.26$5,527
May 20232,89470.622.23$6,446
Apr 20232,89878.122.24$6,485
Mar 20232,98272.852.39$7,136
Feb 20232,43075.112.47$5,992
Jan 20232,79276.533.39$9,459
Dec 20222,77776.415.73$15,910
Nov 20222,83785.005.65$16,018
Oct 20223,16687.185.86$18,565
Sep 20222,91784.888.16$23,813
Aug 20223,56994.529.13$32,575
Jul 20224,101101.587.54$30,930
Jun 20223,371115.097.98$26,891
May 20222,688109.378.43$22,668
Apr 20223,333104.226.84$22,790
Mar 20223,849108.885.08$19,539
Feb 20222,76191.054.86$13,415
Jan 20224,48681.844.54$20,356
Dec 20214,96171.323.90$19,344
Nov 20214,37077.435.24$22,885
Oct 20215,08979.795.71$29,078
Sep 20215,40269.865.35$28,906
Aug 20216,92566.024.22$29,228
Jul 20217,14670.783.98$28,456
Jun 20215,87369.493.38$19,854
May 20214,90463.483.02$14,799
Apr 20214,70260.362.76$12,970
Mar 20215,26661.302.72$14,307
Feb 20214,16657.805.55$23,113
Jan 20215,53550.412.81$15,555
Dec 20205,74944.642.68$15,381
Nov 20205,53738.772.71$14,986
Oct 20205,83336.972.48$14,457
Sep 20206,11737.091.99$12,179
Aug 20206,77139.982.39$16,150
Jul 20206,99438.371.83$12,765
Jun 20206,78534.901.69$11,469
May 20206,97516.921.81$12,658
Apr 20206,18614.751.80$11,162
Mar 20206,76130.341.86$12,550
Feb 20206,86949.881.98$13,605
Jan 20207,22657.252.09$15,137
Dec 20197,24059.012.30$16,684
Nov 20196,92455.302.75$19,046
Oct 20197,53753.472.42$18,229
Sep 20196,83455.052.66$18,160
Aug 20197,60953.112.30$17,534
Jul 20198,09556.272.46$19,914
Jun 20198,27752.782.49$20,620
May 20198,02058.482.74$21,977
Apr 20198,19662.632.75$22,545
Mar 20197,17956.803.06$21,983
Feb 20197,42550.852.79$20,732
Jan 20197,35546.033.23$23,743
Dec 20188,36746.594.19$35,020
Nov 20187,39552.934.24$31,334
Oct 20188,15661.443.40$27,715
Sep 20188,05459.543.11$25,032
Aug 20187,57859.403.07$23,238
Jul 20187,80865.142.93$22,892
Jun 20188,18460.183.08$25,182
May 20187,62165.382.90$22,107
Apr 20187,74463.842.90$22,464
Mar 20188,28661.222.79$23,092
Feb 20187,41161.782.77$20,500
Jan 20187,47162.874.01$29,954
Dec 20177,35357.272.92$21,482
Nov 20177,34855.423.12$22,914
Oct 201710,23549.292.98$30,538
Sep 20179,38647.523.09$28,977
Aug 20177,03845.373.00$21,145
Jul 20178,60943.873.09$26,578
Jun 20178,38642.493.09$25,890
May 20178,79145.373.26$28,689
Apr 20178,77447.933.21$28,179
Mar 20179,31746.772.98$27,799
Feb 20178,25050.452.95$24,359
Jan 20179,08149.413.42$31,046
Dec 20169,17148.763.72$34,142
Nov 20169,11542.492.64$24,103
Oct 20168,10346.193.09$25,040
Sep 20166,78541.553.10$21,038
Aug 20167,49141.442.92$21,906
Jul 201611,65641.622.92$34,086
Jun 201612,07045.352.69$32,418
May 201612,39142.521.99$24,671
Apr 201611,40236.561.99$22,702
Mar 201610,89233.011.79$19,540
Feb 201610,20126.472.06$21,051
Jan 201610,86227.352.36$25,682
Dec 201510,99332.362.00$22,002
Nov 201510,11138.792.17$21,914
Oct 20159,98143.552.43$24,220
Sep 201510,13842.992.76$27,965
Aug 201510,83940.162.87$31,135
Jul 201511,60248.152.95$34,169
Jun 20153,25956.152.88$9,395
May 20154,16655.212.96$12,312
Apr 20153,13849.822.71$8,493
Mar 20152,28142.892.93$6,694
Feb 20154,77544.662.98$14,211
Jan 20153,03943.433.10$9,423
Dec 20143,75754.693.59$13,493
Nov 20144,52270.464.25$19,227
Oct 20146,25178.303.90$24,385
Sep 20147,63886.164.05$30,899
Aug 20149,22489.394.04$37,220
Jul 201410,67596.564.18$44,617
Jun 20149,82098.164.74$46,516
May 201410,39194.734.73$49,114
Apr 201410,07995.944.81$48,471
Mar 201410,31595.895.06$52,161
Feb 20149,15797.406.19$56,700
Jan 201410,00490.404.86$48,627
Dec 201310,92191.824.35$47,555
Nov 201310,84088.853.74$40,523
Oct 201311,42897.423.78$43,191
Sep 201310,688104.113.72$39,735
Aug 201310,451104.253.52$36,815
Jul 201310,882102.523.72$40,456
Jun 201311,83494.403.93$46,548
May 201312,14794.834.15$50,399
Apr 201311,63793.964.28$49,837
Mar 201311,96693.623.91$46,821
Feb 201310,89491.233.42$37,257
Jan 201311,93791.603.42$40,823
Dec 201212,89786.773.42$44,110
Nov 201212,82586.953.62$46,490
Oct 201213,90889.383.40$47,283
Sep 201212,68594.672.92$37,020
Aug 201212,86492.662.91$37,411
Jul 201213,48585.133.02$40,735
Jun 201213,41179.822.52$33,783
May 201213,79691.612.49$34,329
Apr 20126,446101.652.00$12,871
Mar 2012664105.052.22$1,475
Feb 20125,513101.102.57$14,170
Jan 20129,99298.092.73$27,319
Dec 20118,61996.873.24$27,923
Nov 201110,34495.723.31$34,252
Oct 201112,23784.983.65$44,647
Sep 201112,85083.623.99$51,218
Aug 201117,27583.404.15$71,680
Jul 201116,48194.144.52$74,449
Jun 201114,61592.904.64$67,812
May 20118,68998.134.40$38,273
Apr 20117,138105.964.33$30,931
Mar 201110,29196.364.06$41,754
Feb 201111,60885.644.18$48,521
Jan 201114,11886.504.59$64,784
Dec 201015,68485.734.35$68,190
Nov 201014,57080.843.80$55,298
Oct 201012,31878.103.51$43,223
Sep 20103,51172.633.98$13,972
Aug 20106,25473.684.42$27,639
Jul 201014,98272.554.74$70,962
Jun 201015,06870.364.91$73,990
May 201020,42971.124.24$86,521
Apr 201020,74781.694.12$85,533
Mar 201021,77778.394.39$95,572
Feb 201020,06273.585.44$109,185
Jan 201020,81574.365.96$124,143
Dec 200922,66771.445.48$124,300
Nov 200922,78174.593.75$85,463
Oct 200923,53772.544.11$96,743
Sep 200923,25065.543.06$71,255
Aug 200923,44567.423.22$75,458
Jul 200924,60961.133.46$85,258
Jun 200924,47466.163.90$95,326
May 200926,12154.743.93$102,545
Apr 200924,88446.773.59$89,271
Mar 200924,45642.144.06$99,267
Feb 200918,68632.814.63$86,572
Jan 200921,63835.865.37$116,218
Dec 200825,04837.105.98$149,715
Nov 200824,01955.496.86$164,779
Oct 200825,90975.246.92$179,342
Sep 200821,614101.767.88$170,255
Aug 200821,718114.228.48$184,234
Jul 200820,250131.0811.39$230,636
Jun 200810,582131.3313.03$137,911
May 200819,114123.1711.57$221,231
Apr 200821,266110.3110.45$222,333
Mar 200826,440101.909.66$255,518
Feb 200824,43192.538.77$214,274
Jan 200827,75290.388.21$227,725
Dec 200728,78588.337.30$210,187
Nov 200729,39591.677.29$214,340
Oct 200727,78282.856.92$192,306
Sep 200729,80075.846.24$186,076
Aug 200731,62569.066.39$202,019
Jul 200732,06270.906.39$204,810
Jun 200730,16762.007.55$227,714
May 200733,80658.747.85$265,251
Apr 200734,27459.617.81$267,515
Mar 200737,03656.927.30$270,436
Feb 200736,99755.108.22$303,967
Jan 200742,55250.306.73$286,241
Dec 200640,84756.656.92$282,598
Nov 200642,34054.207.62$322,524
Oct 200647,99254.906.01$288,614
Sep 200648,87260.085.04$246,178
Aug 200649,61668.717.34$364,177
Jul 200652,95969.376.34$335,906
Jun 200653,13066.286.38$339,176
May 200657,59566.016.42$370,048
Apr 200658,35264.397.36$429,499
Mar 200662,65256.707.08$443,759
Feb 200658,94657.597.75$456,898
Jan 200667,87860.598.93$606,376
Dec 200565,10954.9413.42$873,463
Nov 200564,84554.6910.59$686,605
Oct 200556,19958.3413.80$775,308
Sep 200544,20861.4512.08$533,988
Aug 200552,37861.519.80$513,139
Jul 200542,96655.697.84$337,010
Jun 200512,46852.337.38$92,027
May 2005045.226.65$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
Gas                2,103 Mcf  × $  3.05 =     $6,405

────────────────────────────────────────────────────
Month total                                   $6,405

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/216105 is the state's own key, not one this site invented.