BR/MARGERUM

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

Gas lease lease 232218District 05Field 812620502 tax incentive programmesCondensateGasSaveExport
Value, all time
$18.7 M
Apr 2007 – May 2026
Value, last 12 filed months
$813
at the published price for each month
Months reported
230
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 86 leases and 86 wells, and the rule below applies to all of them.

Discovered
1997-08-04
as the register files it
Field class
Gas
the register's own label
Between wells
1,200 ft
minimum
From a lease line
465 ft
minimum

A drilling unit in this field needs at least 40 acres. The field rule took effect on 2012-01-10.

The Commission's schedule remark for this field reads: FORMULA AND CONTINUES SUSPENSION OF THE ALLOCATION FORMULA.

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 Gas112008-05-19181130
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
CondensateDisposition5 bbl$254
GasProduction3,235,848 Mcf$18,675,778
Total$18,676,032

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 31.0227, -96.3809. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.02269, -96.38087 · 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
16,400 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 16,400 ft.

Completions filed
Apr 2007
1 of 1 wells

1 well

42-39531200116,400 ftApr 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 (230)

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

230 months

May 202603106.413.05$9
Apr 20260198.932.87$3
Mar 202601989.753.15$60
Feb 20260863.503.75$30
Jan 202602059.138.00$160
Dec 202501556.664.41$66
Nov 202503458.593.93$134
Oct 202501559.383.30$50
Sep 202501862.743.08$55
Aug 20250963.933.01$27
Jul 202503566.743.32$116
Jun 202503366.483.13$103
May 202503260.553.23$103
Apr 202503362.363.54$117
Mar 202502667.704.27$111
Feb 202502170.884.34$91
Jan 202506174.324.28$261
Dec 2024014868.993.12$462
Nov 202402369.052.20$51
Oct 2024027271.372.28$621
Sep 202406269.612.36$147
Aug 2024054075.632.06$1,114
Jul 2024052279.932.15$1,121
Jun 202403178.082.63$82
May 202401478.812.20$31
Apr 20240584.451.66$8
Mar 202404280.301.55$65
Feb 202402176.091.78$37
Jan 202401073.023.30$33
Dec 202302771.262.61$70
Nov 202303877.892.81$107
Oct 202303585.443.09$108
Sep 202303189.042.74$85
Aug 202304480.522.67$118
Jul 202303274.852.64$85
Jun 202304768.962.26$106
May 202302670.622.23$58
Apr 20230078.122.24$0
Mar 202302872.852.39$67
Feb 202303875.112.47$94
Jan 202302876.533.39$95
Dec 202203376.415.73$189
Nov 202201485.005.65$79
Oct 202208487.185.86$493
Sep 202202984.888.16$237
Aug 202209194.529.13$831
Jul 2022053101.587.54$400
Jun 202200115.097.98$0
May 2022052109.378.43$439
Apr 202200104.226.84$0
Mar 2022026108.885.08$132
Feb 202202291.054.86$107
Jan 202202381.844.54$104
Dec 202101471.323.90$55
Nov 202102877.435.24$147
Oct 202101379.795.71$74
Sep 202104569.865.35$241
Aug 202103066.024.22$127
Jul 202104670.783.98$183
Jun 202101569.493.38$51
May 202102263.483.02$66
Apr 202102160.362.76$58
Mar 202103761.302.72$101
Feb 202103257.805.55$178
Jan 202103150.412.81$87
Dec 202001444.642.68$37
Nov 202002038.772.71$54
Oct 202002536.972.48$62
Sep 202002937.091.99$58
Aug 202003839.982.39$91
Jul 202002038.371.83$37
Jun 202002534.901.69$42
May 202003016.921.81$54
Apr 202008514.751.80$153
Mar 2020010930.341.86$202
Feb 202005249.881.98$103
Jan 20200257.252.09$4
Dec 201905859.012.30$134
Nov 2019011055.302.75$303
Oct 201904553.472.42$109
Sep 20190355.052.66$8
Aug 201903353.112.30$76
Jul 201912256.272.46$110
Jun 201921252.782.49$135
May 201904358.482.74$118
Apr 201903662.632.75$99
Mar 201906256.803.06$190
Feb 201906550.852.79$181
Jan 2019018946.033.23$610
Dec 201802,80346.594.19$11,732
Nov 201806,63252.934.24$28,101
Oct 2018010,75361.443.40$36,540
Sep 201809,64859.543.11$29,986
Aug 201809,21159.403.07$28,246
Jul 2018060865.142.93$1,783
Jun 2018014060.183.08$431
May 2018073665.382.90$2,135
Apr 201807,52663.842.90$21,831
Mar 2018012,36561.222.79$34,459
Feb 201809,87761.782.77$27,321
Jan 201807,32862.874.01$29,380
Dec 2017011,16957.272.92$32,630
Nov 2017010,01655.423.12$31,233
Oct 2017011,89349.292.98$35,485
Sep 201707,99147.523.09$24,670
Aug 2017012,03245.373.00$36,149
Jul 201709,27943.873.09$28,647
Jun 201709,83542.493.09$30,363
May 2017116,26645.373.26$53,128
Apr 2017013,22847.933.21$42,483
Mar 2017183846.772.98$2,547
Feb 201705,94250.452.95$17,544
Jan 201704,61049.413.42$15,761
Dec 201606,78648.763.72$25,263
Nov 201607,64842.492.64$20,224
Oct 201606,62246.193.09$20,464
Sep 201605,85741.553.10$18,160
Aug 201607,33641.442.92$21,453
Jul 201608,08441.622.92$23,640
Jun 201606,42245.352.69$17,248
May 201604,85042.521.99$9,657
Apr 201603,52836.561.99$7,024
Mar 201605,06633.011.79$9,088
Feb 201607,52026.472.06$15,519
Jan 2016010,02927.352.36$23,712
Dec 201509,85032.362.00$19,714
Nov 2015014,27638.792.17$30,941
Oct 201508,98843.552.43$21,810
Sep 201509,45742.992.76$26,086
Aug 2015010,90040.162.87$31,310
Jul 2015010,19848.152.95$30,034
Jun 2015010,16656.152.88$29,307
May 2015011,43055.212.96$33,781
Apr 2015010,85249.822.71$29,372
Mar 201509,69542.892.93$28,452
Feb 2015010,41344.662.98$30,991
Jan 2015011,08643.433.10$34,374
Dec 201407,36054.693.59$26,432
Nov 201406,86770.464.25$29,197
Oct 201404,57278.303.90$17,835
Sep 2014010,47686.164.05$42,380
Aug 201408,06389.394.04$32,535
Jul 2014010,70596.564.18$44,743
Jun 2014014,32598.164.74$67,856
May 201409,89094.734.73$46,746
Apr 201407,27995.944.81$35,006
Mar 2014011,74095.895.06$59,367
Feb 201407,30797.406.19$45,245
Jan 201406,87690.404.86$33,422
Dec 201309,17691.824.35$39,957
Nov 2013012,44088.853.74$46,504
Oct 2013019,78897.423.78$74,786
Sep 201308,283104.113.72$30,794
Aug 2013013,742104.253.52$48,408
Jul 2013010,208102.523.72$37,951
Jun 2013010,76194.403.93$42,327
May 2013010,27994.834.15$42,648
Apr 2013011,61793.964.28$49,751
Mar 2013013,90493.623.91$54,405
Feb 2013013,95191.233.42$47,711
Jan 2013013,00791.603.42$44,483
Dec 2012015,40086.773.42$52,670
Nov 2012015,39486.953.62$55,803
Oct 2012010,92289.383.40$37,131
Sep 2012018,65694.672.92$54,446
Aug 2012012,10592.662.91$35,203
Jul 2012011,80485.133.02$35,658
Jun 2012012,14379.822.52$30,589
May 201209,06291.612.49$22,549
Apr 2012014,127101.652.00$28,209
Mar 2012013,414105.052.22$29,807
Feb 2012010,623101.102.57$27,304
Jan 2012013,89098.092.73$37,976
Dec 2011014,11196.873.24$45,716
Nov 2011012,78595.723.31$42,335
Oct 2011013,28984.983.65$48,485
Sep 2011018,67983.623.99$74,451
Aug 2011017,42083.404.15$72,281
Jul 2011015,48694.144.52$69,954
Jun 2011016,37992.904.64$75,997
May 2011016,13998.134.40$71,089
Apr 2011020,914105.964.33$90,626
Mar 2011010,83696.364.06$43,965
Feb 2011012,14385.644.18$50,758
Jan 2011015,18286.504.59$69,667
Dec 2010019,51985.734.35$84,864
Nov 2010019,29280.843.80$73,220
Oct 2010021,62578.103.51$75,880
Sep 2010022,93672.633.98$91,273
Aug 2010023,11173.684.42$102,136
Jul 2010022,88472.554.74$108,390
Jun 201004,98170.364.91$24,459
May 2010051971.124.24$2,198
Apr 2010014,70281.694.12$60,612
Mar 2010024,54378.394.39$107,711
Feb 2010022,25873.585.44$121,136
Jan 2010020,79274.365.96$124,005
Dec 2009021,79971.445.48$119,540
Nov 2009028,25074.593.75$105,980
Oct 2009023,72972.544.11$97,532
Sep 2009022,42665.543.06$68,730
Aug 2009023,37167.423.22$75,220
Jul 2009022,97561.133.46$79,597
Jun 2009022,17366.163.90$86,364
May 2009029,27454.743.93$114,922
Apr 2009030,43146.773.59$109,171
Mar 2009031,86642.144.06$129,344
Feb 2009028,58532.814.63$132,434
Jan 2009031,79035.865.37$170,744
Dec 2008029,95437.105.98$179,039
Nov 2008037,44455.496.86$256,879
Oct 2008052,31675.246.92$362,130
Sep 2008020,962101.767.88$165,120
Aug 2008037,108114.228.48$314,788
Jul 2008045,559131.0811.39$518,891
Jun 2008045,019131.3313.03$586,716
May 2008052,403123.1711.57$606,528
Apr 2008056,600110.3110.45$591,745
Mar 2008065,790101.909.66$635,799
Feb 2008072,15792.538.77$632,859
Jan 2008083,80590.388.21$687,681
Dec 2007085,08088.337.30$621,252
Nov 2007092,43191.677.29$673,979
Oct 20070102,33882.856.92$708,382
Sep 20070117,34275.846.24$732,702
Aug 20070347,84169.066.39$2,221,987
Jul 20070215,54770.906.39$1,376,901
Jun 20070103,04562.007.55$777,830
May 2007043,63758.747.85$342,388
Apr 20070059.617.81$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
Condensate             0 bbl  × $106.41 =         $0
Gas                    3 Mcf  × $  3.05 =         $9

────────────────────────────────────────────────────
Month total                                       $9

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/232218 is the state's own key, not one this site invented.