WATSON, J.

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

Gas lease lease 227285District 05Field 054992122 tax incentive programmesCondensateGasSaveExport
Value, all time
$1.8 M
Feb 2007 – May 2026
Value, last 12 filed months
$4 k
at the published price for each month
Months reported
232
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 9 leases and 9 wells, and the rule below applies to all of them.

Discovered
2003-10-01
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 02/01/2007.

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 Gas112009-05-04191317
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
CondensateDisposition379 bbl$31,692
GasProduction298,949 Mcf$1,728,824
Total$1,760,516

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 31.8123, -96.2097. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.81234, -96.20969 · 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
11,950 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 11,950 ft.

Completions filed
Feb 2007
1 of 1 wells

1 well

42-16133480111,950 ftFeb 2007

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 (232)

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

232 months

May 20260127106.413.05$387
Apr 2026018698.932.87$534
Mar 20260089.753.15$0
Feb 20260063.503.75$0
Jan 2026015559.138.00$1,240
Dec 2025011656.664.41$512
Nov 20250058.593.93$0
Oct 202501259.383.30$40
Sep 202502562.743.08$77
Aug 202502263.933.01$66
Jul 2025011366.743.32$375
Jun 2025019366.483.13$604
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 202403068.993.12$94
Nov 202405469.052.20$119
Oct 202408971.372.28$203
Sep 2024011569.612.36$272
Aug 2024017375.632.06$357
Jul 2024010979.932.15$234
Jun 202406678.082.63$174
May 202407878.812.20$171
Apr 202406184.451.66$101
Mar 202406380.301.55$97
Feb 202405476.091.78$96
Jan 2024014973.023.30$491
Dec 202305971.262.61$154
Nov 202302377.892.81$65
Oct 202303085.443.09$93
Sep 202302289.042.74$60
Aug 202302480.522.67$64
Jul 202305774.852.64$151
Jun 20230068.962.26$0
May 202304670.622.23$102
Apr 20230478.122.24$9
Mar 202308372.852.39$199
Feb 202304475.112.47$108
Jan 202303876.533.39$129
Dec 202203376.415.73$189
Nov 202201185.005.65$62
Oct 202202487.185.86$141
Sep 202205384.888.16$433
Aug 202204694.529.13$420
Jul 2022042101.587.54$317
Jun 2022089115.097.98$710
May 2022098109.378.43$826
Apr 2022070104.226.84$479
Mar 20220123108.885.08$624
Feb 202201891.054.86$87
Jan 2022059281.844.54$2,686
Dec 202106271.323.90$242
Nov 2021010077.435.24$524
Oct 202104079.795.71$229
Sep 202109769.865.35$519
Aug 202109066.024.22$380
Jul 2021011970.783.98$474
Jun 202102969.493.38$98
May 202108563.483.02$257
Apr 202105160.362.76$141
Mar 202105461.302.72$147
Feb 202107757.805.55$427
Jan 2021046150.412.81$1,296
Dec 2020013544.642.68$361
Nov 202009338.772.71$252
Oct 2020012136.972.48$300
Sep 2020031537.091.99$627
Aug 202005439.982.39$129
Jul 202007338.371.83$133
Jun 202009534.901.69$161
May 202004616.921.81$83
Apr 2020062014.751.80$1,119
Mar 2020015830.341.86$293
Feb 202009149.881.98$180
Jan 202005757.252.09$119
Dec 2019016159.012.30$371
Nov 2019048055.302.75$1,320
Oct 201907353.472.42$177
Sep 2019012455.052.66$330
Aug 2019016753.112.30$385
Jul 2019020756.272.46$509
Jun 201906452.782.49$159
May 2019029458.482.74$806
Apr 2019013862.632.75$380
Mar 2019024856.803.06$759
Feb 2019013850.852.79$385
Jan 2019013946.033.23$449
Dec 201808746.594.19$364
Nov 2018011152.934.24$470
Oct 201808061.443.40$272
Sep 201803959.543.11$121
Aug 20180059.403.07$0
Jul 201806965.142.93$202
Jun 201806960.183.08$212
May 201808965.382.90$258
Apr 201806263.842.90$180
Mar 2018012761.222.79$354
Feb 2018035161.782.77$971
Jan 201803062.874.01$120
Dec 201705757.272.92$167
Nov 201706455.423.12$200
Oct 201707949.292.98$236
Sep 201705147.523.09$157
Aug 20170045.373.00$0
Jul 201708343.873.09$256
Jun 201708342.493.09$256
May 2017022945.373.26$747
Apr 2017018647.933.21$597
Mar 2017015246.772.98$454
Feb 2017020350.452.95$599
Jan 2017020749.413.42$708
Dec 2016011048.763.72$410
Nov 2016012142.492.64$320
Oct 2016012746.193.09$392
Sep 2016011241.553.10$347
Aug 2016010941.442.92$319
Jul 2016014741.622.92$430
Jun 2016015045.352.69$403
May 2016012142.521.99$241
Apr 2016017436.561.99$346
Mar 2016060833.011.79$1,091
Feb 201603126.472.06$64
Jan 2016030427.352.36$719
Dec 2015017632.362.00$352
Nov 201509438.792.17$204
Oct 20150043.552.43$0
Sep 201501342.992.76$36
Aug 2015019240.162.87$552
Jul 201542,70448.152.95$8,156
Jun 201542,56556.152.88$7,619
May 201533,13555.212.96$9,431
Apr 2015163,63049.822.71$10,622
Mar 201502342.892.93$68
Feb 2015010244.662.98$304
Jan 2015025843.433.10$800
Dec 201403754.693.59$133
Nov 2014034770.464.25$1,475
Oct 201407578.303.90$293
Sep 2014017986.164.05$724
Aug 2014029489.394.04$1,186
Jul 201411,27796.564.18$5,434
Jun 2014018498.164.74$872
May 2014167894.734.73$3,299
Apr 2014088495.944.81$4,251
Mar 2014165395.895.06$3,398
Feb 201401,27197.406.19$7,870
Jan 201401,64890.404.86$8,010
Dec 201301,95591.824.35$8,513
Nov 201312,10188.853.74$7,943
Oct 201311,58397.423.78$6,080
Sep 201342,205104.113.72$8,614
Aug 20131975104.253.52$3,539
Jul 201311,045102.523.72$3,988
Jun 2013035794.403.93$1,404
May 2013089694.834.15$3,718
Apr 201301,58493.964.28$6,784
Mar 201321,07493.623.91$4,390
Feb 2013075291.233.42$2,572
Jan 201301,92791.603.42$6,590
Dec 201241,80386.773.42$6,514
Nov 201211,61786.953.62$5,949
Oct 201212,04389.383.40$7,035
Sep 201241,73894.672.92$5,451
Aug 201202,00292.662.91$5,822
Jul 2012951,73285.133.02$13,319
Jun 201201,93479.822.52$4,872
May 201201,86691.612.49$4,643
Apr 201201,843101.652.00$3,680
Mar 201201,867105.052.22$4,149
Feb 201201,802101.102.57$4,632
Jan 201202,01898.092.73$5,517
Dec 2011352,17796.873.24$10,443
Nov 201102,32795.723.31$7,705
Oct 201102,24884.983.65$8,202
Sep 201102,36783.623.99$9,434
Aug 201122,31983.404.15$9,789
Jul 201112,06394.144.52$9,413
Jun 201102,29392.904.64$10,639
May 201112,53698.134.40$11,269
Apr 201152,153105.964.33$9,859
Mar 201142,68396.364.06$11,271
Feb 2011142,24285.644.18$10,570
Jan 201132,43986.504.59$11,452
Dec 201042,45285.734.35$11,004
Nov 201002,44580.843.80$9,280
Oct 201022,62378.103.51$9,360
Sep 201032,72672.633.98$11,066
Aug 201042,70673.684.42$12,254
Jul 201022,49372.554.74$11,953
Jun 201002,08270.364.91$10,223
May 201002,88071.124.24$12,197
Apr 201002,78981.694.12$11,498
Mar 201003,05278.394.39$13,394
Feb 201002,29673.585.44$12,496
Jan 201002,67174.365.96$15,930
Dec 200902,22071.445.48$12,174
Nov 200902,03574.593.75$7,634
Oct 200902,50972.544.11$10,313
Sep 200901,96565.543.06$6,022
Aug 200902,18167.423.22$7,020
Jul 200902,79561.133.46$9,683
Jun 200901,69966.163.90$6,618
May 200901,93554.743.93$7,596
Apr 200901,61546.773.59$5,794
Mar 200902,30342.144.06$9,348
Feb 200901,87632.814.63$8,692
Jan 200902,92135.865.37$15,689
Dec 200802,67337.105.98$15,977
Nov 200802,63655.496.86$18,084
Oct 200803,24175.246.92$22,434
Sep 200802,832101.767.88$22,308
Aug 200803,538114.228.48$30,013
Jul 200803,379131.0811.39$38,485
Jun 200803,563131.3313.03$46,435
May 200804,283123.1711.57$49,573
Apr 200803,412110.3110.45$35,672
Mar 200804,408101.909.66$42,599
Feb 200803,98692.538.77$34,960
Jan 200804,37690.388.21$35,908
Dec 200705,23188.337.30$38,197
Nov 200705,24691.677.29$38,252
Oct 20071545,43982.856.92$50,408
Sep 200705,34375.846.24$33,363
Aug 200706,73069.066.39$42,991
Jul 200706,65170.906.39$42,486
Jun 200708,05362.007.55$60,788
May 200709,48858.747.85$74,446
Apr 2007010,41559.617.81$81,291
Mar 2007012,37256.927.30$90,340
Feb 2007023,80355.108.22$195,565

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                  127 Mcf  × $  3.05 =       $387

────────────────────────────────────────────────────
Month total                                     $387

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/227285 is the state's own key, not one this site invented.