OSBORN

Operated by DIVERSIFIED PRODUCTION LLC (P-5 220903) in the LOPER (COTTON VALLEY LIME) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 203873District 05Field 548762252 tax incentive programmesCondensateGasSaveExport
Value, all time
$2.3 M
Mar 2004 – May 2026
Value, last 12 filed months
$60 k
at the published price for each month
Months reported
267
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 77 leases and 77 wells, and the rule below applies to all of them.

Discovered
1990-04-21
as the register files it
Field class
Gas
the register's own label
Between wells
no field rule filed
From a lease line
no field rule filed

The Commission's schedule remark for this field reads: AOF-1 AND AOF-2 EFFECTIVE 01/01/2000.

Severance-tax incentive filings

Applications the operator filed to have this lease's gas taxed at a reduced state rate. A filing is an application, and this page never calls one a reduction that was granted.

ProgrammeFilingsWith an approval dateDatedDocket
High Cost Gas112005-05-17161868
NGPA1none

This says nothing about a royalty. A severance tax is charged to the operator. Whether a reduced rate reaches a royalty owner depends on the wording of the lease instrument, which is a private contract this site does not hold.

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
CondensateDisposition535 bbl$44,963
GasProduction411,953 Mcf$2,277,112
Total$2,322,075

Wells on this lease (1)

Every wellbore the Railroad Commission records against this lease key, with the depth, the last completion and the plug date exactly as filed. A well with no plug date is not stated to be producing — the state files no such flag.

These wells centre on 31.8555, -96.2172. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.85552, -96.21723 · centre of the wells drawn, derived

What these wells add up to

Every figure below is counted over all of this lease's wells, not over the rows listed above. The Railroad Commission files two facts about a well's state — a plug date and a proration-schedule flag — and a well can carry both, so they are published as separate counts and never merged into a status.

On the schedule
0.0%
0 of 1 wells
With a plug date
0.0%
0 of 1 wells
Median depth
12,000 ft
1 wells filed one
Completion to plug
no well filed both dates

What the state filed about each well

On the RRC proration schedule
00.0%
A plug date is filed
00.0%
BothOn the schedule and plugged. Neither fact cancels the other.
00.0%
NeitherNo plug date, and not on the schedule.
1100.0%

A plug date is the date the Commission recorded the wellbore as sealed with cement and abandoned. It is the only end-of-life fact Texas files. There is no "active" flag on a well, so this page does not print one — a well with no plug date is not stated to be producing.

How deep they were drilled

The one well that filed a depth was drilled to 12,000 ft.

Completions filed
Jun 2004
1 of 1 wells

1 well

42-16132820512,000 ftJun 2004

The API number is the state's, prefixed 42 for Texas. A well is matched to this lease by the lease key the Commission files on the wellbore record, so a well that has moved between leases appears under each one it was filed against.

Every month this lease reported (267)

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

267 months

May 202601,655106.413.05$5,041
Apr 202601,60698.932.87$4,609
Mar 202601,68689.753.15$5,310
Feb 202601,44563.503.75$5,419
Jan 202601,64159.138.00$13,125
Dec 202501,55856.664.41$6,876
Nov 202501,54558.593.93$6,066
Oct 202501,09659.383.30$3,622
Sep 2025090962.743.08$2,797
Aug 2025079863.933.01$2,406
Jul 2025080266.743.32$2,659
Jun 2025166766.483.13$2,153
May 2025063460.553.23$2,049
Apr 2025161262.363.54$2,231
Mar 2025064667.704.27$2,757
Feb 2025358570.884.34$2,752
Jan 2025064974.324.28$2,777
Dec 2024062168.993.12$1,938
Nov 2024265069.052.20$1,567
Oct 2024069471.372.28$1,583
Sep 2024061869.612.36$1,461
Aug 2024064375.632.06$1,327
Jul 2024062279.932.15$1,335
Jun 2024053878.082.63$1,417
May 2024065878.812.20$1,447
Apr 2024061984.451.66$1,027
Mar 2024057580.301.55$888
Feb 2024056876.091.78$1,013
Jan 2024068373.023.30$2,252
Dec 2023068571.262.61$1,788
Nov 2023064077.892.81$1,797
Oct 2023072385.443.09$2,232
Sep 2023072489.042.74$1,980
Aug 2023066880.522.67$1,785
Jul 2023065974.852.64$1,741
Jun 2023066368.962.26$1,497
May 2023062370.622.23$1,388
Apr 2023052378.122.24$1,170
Mar 2023052772.852.39$1,261
Feb 2023054175.112.47$1,334
Jan 2023063776.533.39$2,158
Dec 2022079076.415.73$4,526
Nov 2022048685.005.65$2,744
Oct 2022072587.185.86$4,251
Sep 202201,82184.888.16$14,866
Aug 202201,99694.529.13$18,218
Jul 202201,610101.587.54$12,143
Jun 20220925115.097.98$7,379
May 20220893109.378.43$7,531
Apr 202201,189104.226.84$8,130
Mar 202201,349108.885.08$6,848
Feb 202207,02691.054.86$34,138
Jan 2022070181.844.54$3,181
Dec 2021096071.323.90$3,743
Nov 2021079977.435.24$4,184
Oct 2021091679.795.71$5,234
Sep 2021077069.865.35$4,120
Aug 2021091466.024.22$3,858
Jul 202101,11070.783.98$4,420
Jun 2021088369.493.38$2,985
May 2021079563.483.02$2,399
Apr 202101,21660.362.76$3,354
Mar 202101,27761.302.72$3,470
Feb 202102,01157.805.55$11,157
Jan 2021097150.412.81$2,729
Dec 2020080144.642.68$2,143
Nov 202001,56938.772.71$4,247
Oct 2020052236.972.48$1,294
Sep 2020040837.091.99$812
Aug 2020020839.982.39$496
Jul 2020060738.371.83$1,108
Jun 2020059534.901.69$1,006
May 2020080216.921.81$1,455
Apr 2020036414.751.80$657
Mar 2020049430.341.86$917
Feb 2020066949.881.98$1,325
Jan 2020070657.252.09$1,479
Dec 2019082059.012.30$1,890
Nov 201901,04655.302.75$2,877
Oct 2019031553.472.42$762
Sep 2019047755.052.66$1,268
Aug 2019048553.112.30$1,118
Jul 2019056856.272.46$1,397
Jun 2019057852.782.49$1,440
May 2019074358.482.74$2,036
Apr 2019065862.632.75$1,810
Mar 2019061256.803.06$1,874
Feb 2019057750.852.79$1,611
Jan 2019069946.033.23$2,257
Dec 2018070446.594.19$2,947
Nov 2018064452.934.24$2,729
Oct 2018056561.443.40$1,920
Sep 2018053559.543.11$1,663
Aug 2018048659.403.07$1,490
Jul 2018057065.142.93$1,671
Jun 2018066160.183.08$2,034
May 2018069565.382.90$2,016
Apr 2018063063.842.90$1,828
Mar 2018069361.222.79$1,931
Feb 2018063561.782.77$1,756
Jan 2018068762.874.01$2,754
Dec 2017061157.272.92$1,785
Nov 2017057955.423.12$1,806
Oct 2017063749.292.98$1,901
Sep 2017063947.523.09$1,973
Aug 2017073545.373.00$2,208
Jul 2017061443.873.09$1,896
Jun 2017074242.493.09$2,291
May 2017085245.373.26$2,780
Apr 2017082947.933.21$2,662
Mar 2017085746.772.98$2,557
Feb 2017088950.452.95$2,625
Jan 2017098149.413.42$3,354
Dec 2016082648.763.72$3,075
Nov 2016071042.492.64$1,877
Oct 2016081146.193.09$2,506
Sep 2016078841.553.10$2,443
Aug 2016075041.442.92$2,193
Jul 2016081141.622.92$2,372
Jun 2016078445.352.69$2,106
May 201601,73342.521.99$3,450
Apr 201601,69836.561.99$3,381
Mar 201601,47833.011.79$2,652
Feb 201601,24626.472.06$2,571
Jan 201601,04327.352.36$2,466
Dec 201501,01232.362.00$2,025
Nov 201501,02838.792.17$2,228
Oct 201501,04843.552.43$2,543
Sep 201501,08142.992.76$2,982
Aug 201501,20640.162.87$3,464
Jul 201501,06148.152.95$3,125
Jun 2015056056.152.88$1,614
May 2015077455.212.96$2,288
Apr 2015091549.822.71$2,477
Mar 2015068242.892.93$2,001
Feb 2015047744.662.98$1,420
Jan 2015089143.433.10$2,763
Dec 2014096254.693.59$3,455
Nov 2014095970.464.25$4,078
Oct 2014098678.303.90$3,846
Sep 2014098086.164.05$3,965
Aug 201401,05689.394.04$4,261
Jul 201401,10596.564.18$4,618
Jun 201401,12198.164.74$5,310
May 201401,16194.734.73$5,488
Apr 201401,08195.944.81$5,199
Mar 2014741,19195.895.06$13,119
Feb 2014096297.406.19$5,957
Jan 201401,12190.404.86$5,449
Dec 201301,19091.824.35$5,182
Nov 201301,11288.853.74$4,157
Oct 201301,18497.423.78$4,475
Sep 201311,155104.113.72$4,398
Aug 201301,310104.253.52$4,615
Jul 201301,241102.523.72$4,614
Jun 201301,20094.403.93$4,720
May 201311,24994.834.15$5,277
Apr 2013092793.964.28$3,970
Mar 201301,00793.623.91$3,940
Feb 2013022491.233.42$766
Jan 201301,10091.603.42$3,762
Dec 2012099586.773.42$3,403
Nov 201201,06286.953.62$3,850
Oct 201201,10489.383.40$3,753
Sep 201201,10294.672.92$3,216
Aug 201201,08192.662.91$3,144
Jul 201201,21685.133.02$3,673
Jun 201201,24079.822.52$3,124
May 201201,28191.612.49$3,188
Apr 201201,131101.652.00$2,258
Mar 20120999105.052.22$2,220
Feb 201201,904101.102.57$4,894
Jan 201201,09098.092.73$2,980
Dec 201101,18096.873.24$3,823
Nov 201101,34195.723.31$4,440
Oct 201101,54684.983.65$5,641
Sep 201101,91783.623.99$7,641
Aug 201101,60983.404.15$6,676
Jul 201101,86894.144.52$8,438
Jun 201101,87092.904.64$8,677
May 201101,60698.134.40$7,074
Apr 201101,537105.964.33$6,660
Mar 201101,64896.364.06$6,687
Feb 201111,33585.644.18$5,666
Jan 201101,60186.504.59$7,347
Dec 201001,60285.734.35$6,965
Nov 201001,55080.843.80$5,883
Oct 201001,30378.103.51$4,572
Sep 201001,55072.633.98$6,168
Aug 201001,48673.684.42$6,567
Jul 201001,58572.554.74$7,507
Jun 201001,48770.364.91$7,302
May 201001,40271.124.24$5,938
Apr 201001,16981.694.12$4,819
Mar 201001,27278.394.39$5,582
Feb 201001,04373.585.44$5,676
Jan 201001,45974.365.96$8,702
Dec 200901,50971.445.48$8,275
Nov 200901,38974.593.75$5,211
Oct 200901,58672.544.11$6,519
Sep 200901,76865.543.06$5,418
Aug 200901,39267.423.22$4,480
Jul 2009050661.133.46$1,753
Jun 200902,34066.163.90$9,114
May 200901,57754.743.93$6,191
Apr 200901,71446.773.59$6,149
Mar 200901,82142.144.06$7,391
Feb 200901,51632.814.63$7,024
Jan 200901,68535.865.37$9,050
Dec 200801,68237.105.98$10,054
Nov 200801,60755.496.86$11,025
Oct 200801,73975.246.92$12,037
Sep 200801,593101.767.88$12,548
Aug 200801,586114.228.48$13,454
Jul 200801,661131.0811.39$18,918
Jun 20081691,638131.3313.03$43,542
May 200801,780123.1711.57$20,602
Apr 200801,995110.3110.45$20,857
Mar 200801,885101.909.66$18,217
Feb 200802,15992.538.77$18,936
Jan 200802,08690.388.21$17,117
Dec 200702,53988.337.30$18,540
Nov 200702,29591.677.29$16,734
Oct 200701,88182.856.92$13,020
Sep 200702,35475.846.24$14,699
Aug 200702,56169.066.39$16,360
Jul 200702,22870.906.39$14,232
Jun 200702,54562.007.55$19,211
May 200702,42258.747.85$19,004
Apr 200702,22359.617.81$17,351
Mar 200702,17056.927.30$15,845
Feb 200701,54355.108.22$12,677
Jan 200702,51450.306.73$16,911
Dec 200602,19456.656.92$15,179
Nov 200601,88154.207.62$14,328
Oct 200602,64954.906.01$15,931
Sep 200602,21460.085.04$11,152
Aug 200602,79268.717.34$20,493
Jul 200602,69669.376.34$17,100
Jun 200603,23866.286.38$20,671
May 200605,03566.016.42$32,350
Apr 200603,29064.397.36$24,216
Mar 200603,15256.707.08$22,325
Feb 200602,88157.597.75$22,331
Jan 200603,74260.598.93$33,428
Dec 200504,21054.9413.42$56,479
Nov 20051794,14454.6910.59$53,668
Oct 200504,20958.3413.80$58,066
Sep 200504,17361.4512.08$50,406
Aug 200503,86861.519.80$37,894
Jul 200504,09855.697.84$32,143
Jun 200504,14652.337.38$30,602
May 200505,86645.226.65$39,016
Apr 200506,01749.207.36$44,288
Mar 200504,92750.377.15$35,252
Feb 200505,30045.226.31$33,453
Jan 200506,13943.166.32$38,812
Dec 2004016439.866.75$1,107
Nov 200407,08245.286.33$44,832
Oct 20041038,19249.706.52$58,491
Sep 200408,82443.245.28$46,625
Aug 200409,73942.375.55$54,058
Jul 2004013,85638.286.08$84,302
Jun 20040036.106.43$0
May 20040037.486.49$0
Apr 200404,61734.475.86$27,049
Mar 200402,39934.365.53$13,267

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                1,655 Mcf  × $  3.05 =     $5,041

────────────────────────────────────────────────────
Month total                                   $5,041

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. 05/G/203873 is the state's own key, not one this site invented.