L O NETTLES-QUINN (SA)

Operated by DIVERSIFIED PRODUCTION LLC (P-5 220903) in the FREESTONE (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 262505District 05Field 32950285Hydrogen sulphide field2 tax incentive programmesCondensateGasSaveExport
Value, all time
$4.4 M
Jul 2011 – May 2026
Value, last 12 filed months
$88 k
at the published price for each month
Months reported
179
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 960 leases and 960 wells, and the rule below applies to all of them.

Discovered
2006-02-28
as the register files it
Field class
Gas
the register's own label
Between wells
600 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 2016-11-15.

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: PLATS FOR INDIVIDUAL WELLS IN THE FIELD IF THEY CHOOSE.

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 Gas112012-03-27203657
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
CondensateDisposition888 bbl$75,335
GasProduction1,293,985 Mcf$4,343,740
Total$4,419,075

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 31.4706, -96.4251. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.47064, -96.42506 · 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
10,297 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 10,297 ft.

Completions filed
Jul 2011
1 of 1 wells

1 well

42-293323321H10,297 ftJul 2011

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 (179)

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

179 months

May 202602,036106.413.05$6,201
Apr 202601,88498.932.87$5,407
Mar 202601,71289.753.15$5,392
Feb 202601,55063.503.75$5,813
Jan 202601,92559.138.00$15,396
Dec 202502,06056.664.41$9,092
Nov 202502,20058.593.93$8,638
Oct 202502,17359.383.30$7,181
Sep 202512,20262.743.08$6,838
Aug 202502,41463.933.01$7,278
Jul 202511,65466.743.32$5,550
Jun 202501,76466.483.13$5,519
May 202511,90960.553.23$6,231
Apr 202531,84262.363.54$6,714
Mar 202521,74267.704.27$7,571
Feb 202521,66470.884.34$7,365
Jan 202522,22674.324.28$9,673
Dec 202422,30168.993.12$7,320
Nov 202412,13369.052.20$4,758
Oct 202412,10871.372.28$4,881
Sep 202401,87069.612.36$4,421
Aug 202411,76275.632.06$3,712
Jul 202431,07979.932.15$2,556
Jun 202411,20878.082.63$3,260
May 202421,61178.812.20$3,699
Apr 202412,71084.451.66$4,581
Mar 202403,05880.301.55$4,725
Feb 202402,99676.091.78$5,344
Jan 202402,54273.023.30$8,383
Dec 202302,68671.262.61$7,012
Nov 202302,34877.892.81$6,592
Oct 202302,33885.443.09$7,218
Sep 202302,42389.042.74$6,627
Aug 202301,80980.522.67$4,835
Jul 202301,57974.852.64$4,171
Jun 202301,65168.962.26$3,729
May 202301,28070.622.23$2,851
Apr 202301,65378.122.24$3,699
Mar 202302,99472.852.39$7,165
Feb 202302,85675.112.47$7,042
Jan 202303,65976.533.39$12,396
Dec 202202,78876.415.73$15,973
Nov 202202,08685.005.65$11,778
Oct 202203,29587.185.86$19,321
Sep 202202,95284.888.16$24,099
Aug 202203,08494.529.13$28,148
Jul 202203,016101.587.54$22,747
Jun 202203,468115.097.98$27,665
May 202203,544109.378.43$29,887
Apr 202203,734104.226.84$25,532
Mar 202203,707108.885.08$18,818
Feb 202203,30691.054.86$16,063
Jan 202203,69981.844.54$16,785
Dec 202103,80671.323.90$14,840
Nov 202103,80777.435.24$19,937
Oct 202103,17979.795.71$18,164
Sep 202103,57669.865.35$19,135
Aug 202113,94366.024.22$16,708
Jul 202113,86470.783.98$15,458
Jun 202173,84469.493.38$13,482
May 2021344,00563.483.02$14,244
Apr 2021263,76260.362.76$11,947
Mar 202104,15661.302.72$11,292
Feb 202102,19857.805.55$12,194
Jan 202103,85750.412.81$10,839
Dec 202003,89644.642.68$10,424
Nov 202003,77738.772.71$10,223
Oct 202004,04136.972.48$10,015
Sep 202004,14437.091.99$8,251
Aug 202004,08039.982.39$9,731
Jul 202003,75638.371.83$6,855
Jun 202004,04634.901.69$6,839
May 202004,44216.921.81$8,061
Apr 202004,75614.751.80$8,582
Mar 202005,14530.341.86$9,550
Feb 202004,07049.881.98$8,061
Jan 202003,35657.252.09$7,030
Dec 201903,95159.012.30$9,105
Nov 201903,85355.302.75$10,598
Oct 201904,02853.472.42$9,742
Sep 201903,31255.052.66$8,801
Aug 201904,04953.112.30$9,330
Jul 201904,33656.272.46$10,667
Jun 201904,40052.782.49$10,961
May 201904,55158.482.74$12,471
Apr 201904,34762.632.75$11,957
Mar 201904,23656.803.06$12,971
Feb 201904,65150.852.79$12,987
Jan 201905,20946.033.23$16,816
Dec 201805,25146.594.19$21,978
Nov 201805,21152.934.24$22,080
Oct 201805,64061.443.40$19,165
Sep 201805,59359.543.11$17,383
Aug 201805,89859.403.07$18,087
Jul 201805,83865.142.93$17,116
Jun 201805,73660.183.08$17,649
May 201805,89065.382.90$17,086
Apr 201805,80063.842.90$16,825
Mar 201806,15461.222.79$17,150
Feb 201805,30861.782.77$14,683
Jan 201805,66262.874.01$22,701
Dec 201706,37557.272.92$18,625
Nov 201706,19655.423.12$19,321
Oct 201706,48749.292.98$19,355
Sep 201706,24047.523.09$19,265
Aug 201706,53845.373.00$19,643
Jul 201706,59643.873.09$20,364
Jun 201705,40442.493.09$16,684
May 201707,19645.373.26$23,483
Apr 201706,80147.933.21$21,842
Mar 201704,99146.772.98$14,892
Feb 201704,87550.452.95$14,394
Jan 201705,58549.413.42$19,094
Dec 201605,43348.763.72$20,226
Nov 201605,19142.492.64$13,727
Oct 201605,66646.193.09$17,509
Sep 201605,65141.553.10$17,522
Aug 201606,20541.442.92$18,146
Jul 201606,12541.622.92$17,912
Jun 201605,98745.352.69$16,080
May 201606,20442.521.99$12,352
Apr 201606,14336.561.99$12,231
Mar 201606,56133.011.79$11,771
Feb 201606,27026.472.06$12,939
Jan 201606,91827.352.36$16,357
Dec 201507,05932.362.00$14,128
Nov 201506,77938.792.17$14,692
Oct 201506,13243.552.43$14,880
Sep 201506,77442.992.76$18,686
Aug 201507,29940.162.87$20,966
Jul 201507,44448.152.95$21,923
Jun 201507,24856.152.88$20,895
May 201507,56355.212.96$22,352
Apr 201507,48949.822.71$20,270
Mar 201507,25242.892.93$21,283
Feb 201507,10144.662.98$21,134
Jan 201507,96543.433.10$24,697
Dec 2014120054.693.59$6,563
Nov 201408,35570.464.25$35,524
Oct 201408,49178.303.90$33,123
Sep 201408,40786.164.05$34,010
Aug 201408,84189.394.04$35,675
Jul 201409,02896.564.18$37,733
Jun 201408,98098.164.74$42,537
May 201409,49094.734.73$44,855
Apr 201409,54395.944.81$45,893
Mar 2014010,02895.895.06$50,710
Feb 20140097.406.19$0
Jan 2014010,56790.404.86$51,363
Dec 2013010,79191.824.35$46,989
Nov 2013010,68488.853.74$39,940
Oct 2013011,23597.423.78$42,461
Sep 2013011,110104.113.72$41,304
Aug 2013012,096104.253.52$42,609
Jul 2013012,515102.523.72$46,528
Jun 2013012,48794.403.93$49,116
May 2013013,14594.834.15$54,540
Apr 2013013,04293.964.28$55,854
Mar 2013013,85493.623.91$54,209
Feb 2013013,14991.233.42$44,968
Jan 2013015,34691.603.42$52,482
Dec 2012015,42286.773.42$52,746
Nov 2012016,19086.953.62$58,688
Oct 2012016,30289.383.40$55,422
Sep 2012017,93694.672.92$52,344
Aug 2012019,04492.662.91$55,383
Jul 2012019,73285.133.02$59,606
Jun 2012020,38379.822.52$51,346
May 2012023,33391.612.49$58,060
Apr 201219324,509101.652.00$68,558
Mar 2012027,539105.052.22$61,194
Feb 2012028,952101.102.57$74,414
Jan 2012030,26298.092.73$82,739
Dec 2011034,30696.873.24$111,143
Nov 201120536,92795.723.31$141,898
Oct 20114843,26184.983.65$161,919
Sep 201112639,29183.623.99$167,142
Aug 20117941,85883.404.15$180,271
Jul 20112429,11194.144.52$133,761

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                2,036 Mcf  × $  3.05 =     $6,201

────────────────────────────────────────────────────
Month total                                   $6,201

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/262505 is the state's own key, not one this site invented.