MOODY ESTATE GAS UNIT 2

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

Gas lease lease 259539District 05Field 88576304Hydrogen sulphide field2 tax incentive programmesCondensateGasSaveExport
Value, all time
$26.7 M
Apr 2010 – May 2026
Value, last 12 filed months
$386 k
at the published price for each month
Months reported
194
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 1,075 leases and 1,075 wells, and the rule below applies to all of them.

Discovered
2006-06-06
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 2011-10-11.

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: REGULATORY PURPOSES.IT IS ORDERED THAT THE FIELD REMAIN SUSPENDED.

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 Gas112011-05-11202140
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
CondensateDisposition135 bbl$10,148
GasProduction7,048,175 Mcf$26,655,942
Total$26,666,090

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 31.7094, -96.1270. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.70940, -96.12701 · 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
12,650 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 12,650 ft.

Completions filed
Oct 2022
1 of 1 wells

1 well

42-161344808H12,650 ftOct 2022

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 (194)

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

194 months

May 202604,663106.413.05$14,203
Apr 202605,60298.932.87$16,076
Mar 2026010,07989.753.15$31,743
Feb 202607,34963.503.75$27,561
Jan 202609,30259.138.00$74,397
Dec 202508,64456.664.41$38,149
Nov 202508,91158.593.93$34,989
Oct 202509,48559.383.30$31,346
Sep 202509,60662.743.08$29,557
Aug 2025010,50263.933.01$31,661
Jul 202508,68566.743.32$28,793
Jun 202518,74466.483.13$27,424
May 2025010,14260.553.23$32,782
Apr 202535,43562.363.54$19,444
Mar 202508,84767.704.27$37,762
Feb 202538,89070.884.34$38,803
Jan 202509,82874.324.28$42,051
Dec 202409,75968.993.12$30,461
Nov 202439,18169.052.20$20,391
Oct 202409,95871.372.28$22,718
Sep 202407,98269.612.36$18,872
Aug 202409,88775.632.06$20,403
Jul 2024010,02879.932.15$21,526
Jun 2024010,87378.082.63$28,639
May 2024010,29078.812.20$22,622
Apr 202409,37684.451.66$15,557
Mar 2024010,94080.301.55$16,904
Feb 2024010,76976.091.78$19,208
Jan 202408,16473.023.30$26,922
Dec 2023010,34371.262.61$27,003
Nov 202308,84777.892.81$24,838
Oct 202309,66685.443.09$29,842
Sep 202307,28089.042.74$19,911
Aug 2023013,71980.522.67$36,669
Jul 2023014,75074.852.64$38,967
Jun 202309,71768.962.26$21,946
May 2023016,90970.622.23$37,663
Apr 2023013,16378.122.24$29,456
Mar 2023066972.852.39$1,601
Feb 202309,38875.112.47$23,148
Jan 2023013,68476.533.39$46,358
Dec 2022013,72776.415.73$78,643
Nov 2022011,55885.005.65$65,259
Oct 2022014,16787.185.86$83,072
Sep 202203,81684.888.16$31,153
Aug 202201,96694.529.13$17,944
Jul 202200101.587.54$0
Jun 202204,320115.097.98$34,462
May 2022011,853109.378.43$99,957
Apr 2022012,066104.226.84$82,502
Mar 2022012,277108.885.08$62,323
Feb 202203,38791.054.86$16,457
Jan 2022010,71381.844.54$48,612
Dec 2021014,56971.323.90$56,806
Nov 2021013,87677.435.24$72,667
Oct 2021013,28079.795.71$75,880
Sep 2021015,64269.865.35$83,699
Aug 2021016,79266.024.22$70,872
Jul 2021014,32470.783.98$57,039
Jun 2021013,24769.493.38$44,783
May 2021015,34663.483.02$46,309
Apr 2021014,17660.362.76$39,103
Mar 2021013,03261.302.72$35,407
Feb 202109,19357.805.55$51,002
Jan 2021012,83650.412.81$36,073
Dec 2020010,51244.642.68$28,124
Nov 2020011,72438.772.71$31,732
Oct 2020012,39836.972.48$30,728
Sep 2020011,59837.091.99$23,092
Aug 2020011,63939.982.39$27,760
Jul 2020013,65338.371.83$24,918
Jun 2020013,90234.901.69$23,499
May 2020015,21816.921.81$27,617
Apr 2020016,28414.751.80$29,383
Mar 2020016,10830.341.86$29,900
Feb 2020010,52949.881.98$20,854
Jan 2020014,18057.252.09$29,703
Dec 2019014,26559.012.30$32,872
Nov 2019013,52555.302.75$37,203
Oct 2019016,29253.472.42$39,403
Sep 2019015,35755.052.66$40,808
Aug 2019016,45753.112.30$37,923
Jul 2019016,72956.272.46$41,154
Jun 2019018,28652.782.49$45,554
May 2019014,60358.482.74$40,017
Apr 2019014,75862.632.75$40,595
Mar 2019018,11556.803.06$55,470
Feb 2019015,00250.852.79$41,889
Jan 2019017,66746.033.23$57,032
Dec 2018018,04046.594.19$75,505
Nov 2018017,95152.934.24$76,063
Oct 2018019,68361.443.40$66,884
Sep 2018019,12159.543.11$59,428
Aug 2018019,89359.403.07$61,003
Jul 2018017,92865.142.93$52,563
Jun 2018017,28660.183.08$53,188
May 2018016,74365.382.90$48,568
Apr 2018017,52963.842.90$50,848
Mar 2018017,38361.222.79$48,444
Feb 2018016,65861.782.77$46,078
Jan 2018018,94762.874.01$75,965
Dec 2017018,55357.272.92$54,203
Nov 2017023,41655.423.12$73,020
Oct 2017014,30149.292.98$42,670
Sep 2017014,89947.523.09$45,997
Aug 2017016,29545.373.00$48,957
Jul 2017019,50743.873.09$60,224
Jun 2017019,36942.493.09$59,798
May 2017013,51745.373.26$44,111
Apr 2017016,11347.933.21$51,749
Mar 2017019,00346.772.98$56,699
Feb 2017017,75750.452.95$52,429
Jan 2017021,88849.413.42$74,831
Dec 2016018,88348.763.72$70,298
Nov 2016022,90842.492.64$60,577
Oct 2016019,58746.193.09$60,529
Sep 2016022,15541.553.10$68,694
Aug 2016025,38741.442.92$74,240
Jul 2016026,51241.622.92$77,530
Jun 2016021,93345.352.69$58,908
May 2016018,03742.521.99$35,912
Apr 2016022,45536.561.99$44,709
Mar 2016024,44833.011.79$43,860
Feb 2016023,90426.472.06$49,329
Jan 2016022,09927.352.36$52,250
Dec 2015017,88132.362.00$35,787
Nov 2015022,27738.792.17$48,282
Oct 2015022,54443.552.43$54,705
Sep 2015025,92642.992.76$71,515
Aug 20151824,39640.162.87$70,800
Jul 2015329,75448.152.95$87,772
Jun 2015329,11856.152.88$84,112
May 2015129,34155.212.96$86,771
Apr 2015429,68349.822.71$80,538
Mar 2015333,56742.892.93$98,638
Feb 2015022,85544.662.98$68,021
Jan 2015126,59943.433.10$82,517
Dec 2014132,93454.693.59$118,333
Nov 2014031,96570.464.25$135,910
Oct 2014234,87178.303.90$136,187
Sep 2014034,84386.164.05$140,955
Aug 2014136,70889.394.04$148,211
Jul 2014336,02196.564.18$150,843
Jun 2014235,80798.164.74$169,810
May 2014238,19994.734.73$180,739
Apr 2014236,79095.944.81$177,119
Mar 2014339,87295.895.06$201,912
Feb 2014037,98697.406.19$235,209
Jan 2014042,93490.404.86$208,690
Dec 2013044,51191.824.35$193,822
Nov 2013143,23488.853.74$161,710
Oct 2013446,99997.423.78$178,016
Sep 2013246,150104.113.72$171,782
Aug 2013049,018104.253.52$172,671
Jul 2013150,004102.523.72$186,004
Jun 2013049,87694.403.93$196,183
May 2013344,95794.834.15$186,815
Apr 2013141,74093.964.28$178,849
Mar 2013557,16993.623.91$224,163
Feb 2013141,69791.233.42$142,691
Jan 2013042,57691.603.42$145,606
Dec 2012143,68786.773.42$149,503
Nov 2012044,93686.953.62$162,891
Oct 2012146,85189.383.40$159,368
Sep 2012048,88194.672.92$142,654
Aug 2012048,61892.662.91$141,389
Jul 2012053,41985.133.02$161,368
Jun 2012050,72179.822.52$127,768
May 2012055,45991.612.49$138,000
Apr 2012050,929101.652.00$101,695
Mar 2012056,078105.052.22$124,610
Feb 2012059,046101.102.57$151,762
Jan 2012064,07498.092.73$175,183
Dec 2011070,71696.873.24$229,101
Nov 2011070,21495.723.31$232,498
Oct 2011069,86984.983.65$254,920
Sep 2011067,54083.623.99$269,201
Aug 2011281,16583.404.15$336,946
Jul 2011278,97494.144.52$356,933
Jun 2011181,41392.904.64$377,839
May 2011391,07198.134.40$401,446
Apr 2011494,606105.964.33$410,378
Mar 2011399,11196.364.06$402,416
Feb 2011391,84085.644.18$384,146
Jan 20114114,18186.504.59$524,297
Dec 20106157,18485.734.35$683,911
Nov 20101185,90580.843.80$705,652
Oct 20105193,36978.103.51$678,901
Sep 20107232,46272.633.98$925,584
Aug 201011297,73573.684.42$1,316,609
Jul 20104257,87672.554.74$1,221,717
Jun 20100443,99970.364.91$2,180,213
May 20100578,87571.124.24$2,451,663
Apr 2010051,46181.694.12$212,158

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                4,663 Mcf  × $  3.05 =    $14,203

────────────────────────────────────────────────────
Month total                                  $14,203

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/259539 is the state's own key, not one this site invented.