WORTHY

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

Gas lease lease 243512District 05Field 06476300Hydrogen sulphide field2 tax incentive programmesCondensateGasSaveExport
Value, all time
$15.5 M
Aug 2008 – May 2026
Value, last 12 filed months
$141 k
at the published price for each month
Months reported
214
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 385 leases and 385 wells, and the rule below applies to all of them.

Discovered
2004-02-24
as the register files it
Field class
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 2010-12-14.

The register flags this field for hydrogen sulphide. That is a poisonous gas that occurs naturally in some formations. The flag is a property of the field as the Commission records it. It is not a measurement taken at this lease, and it is not a statement that gas is escaping anywhere.

The Commission's schedule remark for this field reads: DESIGNATED AS UFT FIELD PER DOCKET 01-0299858

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 Gas112009-02-18188910
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
CondensateDisposition160 bbl$7,499
GasProduction3,520,417 Mcf$15,534,293
Total$15,541,791

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 31.4477, -96.2119. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.44767, -96.21187 · 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
14,813 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 14,813 ft.

Completions filed
Aug 2008
1 of 1 wells

1 well

42-16134088214,813 ftAug 2008

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 (214)

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

214 months

May 202602,967106.413.05$9,037
Apr 202603,08898.932.87$8,862
Mar 202603,17189.753.15$9,987
Feb 202602,63363.503.75$9,875
Jan 202612,95159.138.00$23,661
Dec 202552,93556.664.41$13,237
Nov 202502,86758.593.93$11,257
Oct 202564,93859.383.30$16,676
Sep 202523,86862.743.08$12,027
Aug 202513,36163.933.01$10,197
Jul 202512,36366.743.32$7,901
Jun 202502,56266.483.13$8,016
May 202523,27160.553.23$10,694
Apr 202502,83762.363.54$10,052
Mar 202503,26967.704.27$13,953
Feb 202502,89670.884.34$12,571
Jan 202503,05474.324.28$13,067
Dec 202403,35068.993.12$10,457
Nov 202443,50469.052.20$7,980
Oct 202405,12271.372.28$11,685
Sep 202402,73369.612.36$6,462
Aug 202403,16775.632.06$6,536
Jul 202402,84879.932.15$6,113
Jun 202423,31778.082.63$8,893
May 202403,18178.812.20$6,993
Apr 202403,26984.451.66$5,424
Mar 202403,43880.301.55$5,312
Feb 202403,47176.091.78$6,191
Jan 202405,27173.023.30$17,382
Dec 202303,40571.262.61$8,890
Nov 202303,84377.892.81$10,789
Oct 202304,08985.443.09$12,624
Sep 202303,63689.042.74$9,945
Aug 202304,03880.522.67$10,793
Jul 202304,69574.852.64$12,403
Jun 202305,83668.962.26$13,180
May 202303,91270.622.23$8,714
Apr 202304,41878.122.24$9,886
Mar 202303,65872.852.39$8,754
Feb 202305,32575.112.47$13,130
Jan 202305,16676.533.39$17,501
Dec 202204,13476.415.73$23,684
Nov 202204,20685.005.65$23,748
Oct 202204,77587.185.86$27,999
Sep 202204,27684.888.16$34,908
Aug 202204,80294.529.13$43,829
Jul 202204,118101.587.54$31,058
Jun 202204,079115.097.98$32,539
May 202204,633109.378.43$39,070
Apr 202204,861104.226.84$33,238
Mar 202205,857108.885.08$29,732
Feb 202205,79391.054.86$28,147
Jan 202207,77381.844.54$35,271
Dec 202105,72271.323.90$22,311
Nov 202106,59677.435.24$34,542
Oct 202108,80579.795.71$50,311
Sep 202104,60069.865.35$24,614
Aug 202107,79166.024.22$32,883
Jul 202109,18970.783.98$36,591
Jun 202105,30369.493.38$17,927
May 202107,67663.483.02$23,164
Apr 202108,67960.362.76$23,940
Mar 202107,43961.302.72$20,211
Feb 202106,14157.805.55$34,070
Jan 202107,80350.412.81$21,929
Dec 202028,65744.642.68$23,251
Nov 202016,84238.772.71$18,557
Oct 202026,99936.972.48$17,420
Sep 202008,44137.091.99$16,806
Aug 202038,48439.982.39$20,355
Jul 202028,55238.371.83$15,685
Jun 202038,27034.901.69$14,084
May 202008,57416.921.81$15,560
Apr 202028,34114.751.80$15,080
Mar 202018,47230.341.86$15,756
Feb 202008,05349.881.98$15,950
Jan 202048,69457.252.09$18,441
Dec 201928,88559.012.30$20,592
Nov 201908,49155.302.75$23,356
Oct 201929,31253.472.42$22,628
Sep 201929,06655.052.66$24,201
Aug 201909,46653.112.30$21,813
Jul 201909,60956.272.46$23,639
Jun 201909,33552.782.49$23,255
May 201909,74658.482.74$26,707
Apr 201909,60862.632.75$26,429
Mar 2019210,11256.803.06$31,078
Feb 201929,33250.852.79$26,159
Jan 201939,84146.033.23$31,907
Dec 201829,54646.594.19$40,047
Nov 201809,84952.934.24$41,733
Oct 2018010,35061.443.40$35,170
Sep 2018210,38959.543.11$32,408
Aug 2018211,11359.403.07$34,197
Jul 2018011,14565.142.93$32,676
Jun 2018010,88960.183.08$33,505
May 2018010,53765.382.90$30,566
Apr 201809,77263.842.90$28,347
Mar 2018210,96961.222.79$30,691
Feb 2018310,05361.782.77$27,993
Jan 2018010,64462.874.01$42,675
Dec 2017211,32357.272.92$33,195
Nov 2017010,31755.423.12$32,172
Oct 2017312,69849.292.98$38,035
Sep 2017011,17047.523.09$34,485
Aug 2017114,38745.373.00$43,270
Jul 2017114,20843.873.09$43,908
Jun 2017010,78842.493.09$33,306
May 2017214,74345.373.26$48,203
Apr 2017013,00947.933.21$41,780
Mar 201706,54246.772.98$19,519
Feb 201725,06350.452.95$15,050
Jan 201705,64549.413.42$19,299
Dec 201625,69448.763.72$21,295
Nov 201659,48442.492.64$25,291
Oct 201602,14146.193.09$6,616
Sep 20160041.553.10$0
Aug 20161041.442.92$41
Jul 20160041.622.92$0
Jun 20160045.352.69$0
May 20160142.521.99$2
Apr 201611,96836.561.99$3,955
Mar 201607,64733.011.79$13,719
Feb 201606,52126.472.06$13,457
Jan 2016013,68527.352.36$32,356
Dec 2015013,03432.362.00$26,086
Nov 2015013,31338.792.17$28,854
Oct 2015013,78243.552.43$33,443
Sep 2015012,93942.992.76$35,691
Aug 20153915,23640.162.87$45,332
Jul 2015014,03148.152.95$41,322
Jun 2015015,38556.152.88$44,353
May 2015015,95055.212.96$47,139
Apr 2015010,91749.822.71$29,548
Mar 201509,73342.892.93$28,564
Feb 201508,87644.662.98$26,417
Jan 2015010,08043.433.10$31,254
Dec 201409,48654.693.59$34,068
Nov 201409,45970.464.25$40,218
Oct 2014010,38778.303.90$40,519
Sep 2014010,25586.164.05$41,486
Aug 2014010,95789.394.04$44,213
Jul 2014011,63296.564.18$48,617
Jun 2014011,34598.164.74$53,740
May 2014012,18294.734.73$57,579
Apr 2014012,45495.944.81$59,893
Mar 2014014,66195.895.06$74,138
Feb 2014015,93797.406.19$98,682
Jan 201409,65290.404.86$46,916
Dec 20130091.824.35$0
Nov 20130088.853.74$0
Oct 201304,88297.423.78$18,451
Sep 201309,301104.113.72$34,579
Aug 201309,139104.253.52$32,193
Jul 201309,592102.523.72$35,661
Jun 2013014,52194.403.93$57,117
May 2013017,79394.834.15$73,825
Apr 2013021,25493.964.28$91,022
Mar 2013022,04293.623.91$86,247
Feb 2013018,81691.233.42$64,349
Jan 2013018,29691.603.42$62,571
Dec 2012018,77786.773.42$64,220
Nov 2012017,91286.953.62$64,930
Oct 2012019,67689.383.40$66,892
Sep 2012019,36694.672.92$56,518
Aug 2012020,47592.662.91$59,545
Jul 2012020,85885.133.02$63,008
Jun 2012020,58679.822.52$51,857
May 2012021,85791.612.49$54,387
Apr 2012021,390101.652.00$42,712
Mar 2012022,366105.052.22$49,699
Feb 2012021,753101.102.57$55,910
Jan 2012024,00098.092.73$65,618
Dec 2011024,06996.873.24$77,977
Nov 2011024,03995.723.31$79,600
Oct 2011025,23884.983.65$92,082
Sep 2011025,08583.623.99$99,984
Aug 2011026,51183.404.15$110,003
Jul 2011027,53794.144.52$124,391
Jun 2011027,54592.904.64$127,805
May 2011029,09298.134.40$128,145
Apr 2011027,023105.964.33$117,098
Mar 2011024,35896.364.06$98,829
Feb 2011125,42485.644.18$106,357
Jan 2011029,08086.504.59$133,442
Dec 2010028,09485.734.35$122,146
Nov 2010028,01580.843.80$106,326
Oct 2010031,53078.103.51$110,635
Sep 2010029,77772.633.98$118,497
Aug 2010032,80073.684.42$144,955
Jul 2010031,48372.554.74$149,119
Jun 2010029,89370.364.91$146,787
May 2010034,36971.124.24$145,560
Apr 2010032,65481.694.12$134,622
Mar 2010133,53378.394.39$147,244
Feb 2010030,45373.585.44$165,736
Jan 2010034,75474.365.96$207,276
Dec 2009037,30771.445.48$204,582
Nov 2009038,16474.593.75$143,172
Oct 2009042,39472.544.11$174,250
Sep 2009042,60365.543.06$130,568
Aug 2009046,21367.423.22$148,737
Jul 2009048,92261.133.46$169,490
Jun 2009049,52766.163.90$192,908
May 2009054,56554.743.93$214,209
Apr 2009858,44546.773.59$210,046
Mar 2009659,98542.144.06$243,732
Feb 2009968,42832.814.63$317,322
Jan 2009888,91335.865.37$477,839
Dec 20080108,32737.105.98$647,486
Nov 20080134,95455.496.86$925,833
Oct 20080182,90075.246.92$1,266,030
Sep 20080250,576101.767.88$1,973,810
Aug 2008023,257114.228.48$197,290

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                2,967 Mcf  × $  3.05 =     $9,037

────────────────────────────────────────────────────
Month total                                   $9,037

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/243512 is the state's own key, not one this site invented.