MOODY ESTATE GAS UNIT NO. 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 277486District 05Field 88576304Hydrogen sulphide field2 tax incentive programmesCondensateGasSaveExport
Value, all time
$6.4 M
Dec 2014 – May 2026
Value, last 12 filed months
$205 k
at the published price for each month
Months reported
138
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 Gas112015-12-17217128
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
CondensateDisposition85 bbl$3,871
GasProduction2,132,822 Mcf$6,377,771
Total$6,381,642

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 31.7172, -96.1213. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.71717, -96.12132 · 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
12,433 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 12,433 ft.

Completions filed
Dec 2014
1 of 1 wells

1 well

42-1613485311H12,433 ftDec 2014

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 (138)

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

138 months

May 202603,049106.413.05$9,287
Apr 202604,44498.932.87$12,753
Mar 202607,23289.753.15$22,777
Feb 202603,57563.503.75$13,407
Jan 202604,27859.138.00$34,215
Dec 202502,93556.664.41$12,953
Nov 202503,27558.593.93$12,859
Oct 202504,65059.383.30$15,368
Sep 202508,01162.743.08$24,649
Aug 202509,10063.933.01$27,434
Jul 202503,12766.743.32$10,367
Jun 202502,92566.483.13$9,152
May 202503,04860.553.23$9,852
Apr 202502,52162.363.54$8,932
Mar 202503,00367.704.27$12,818
Feb 202502,72870.884.34$11,842
Jan 202502,97574.324.28$12,729
Dec 202402,99368.993.12$9,342
Nov 202402,93469.052.20$6,450
Oct 202402,79871.372.28$6,383
Sep 202402,63969.612.36$6,240
Aug 202402,70875.632.06$5,588
Jul 202402,87479.932.15$6,169
Jun 202403,36578.082.63$8,863
May 202402,71578.812.20$5,969
Apr 202402,65084.451.66$4,397
Mar 202402,24180.301.55$3,463
Feb 202403,25476.091.78$5,804
Jan 202402,89673.023.30$9,550
Dec 202302,98371.262.61$7,788
Nov 202307,49377.892.81$21,037
Oct 202305,11685.443.09$15,795
Sep 202304,33589.042.74$11,856
Aug 202305,35880.522.67$14,321
Jul 202306,59274.852.64$17,415
Jun 202308,88768.962.26$20,071
May 202307,03670.622.23$15,672
Apr 2023013,24678.122.24$29,641
Mar 202305672.852.39$134
Feb 202301,37175.112.47$3,380
Jan 202301,83276.533.39$6,206
Dec 202203,00876.415.73$17,233
Nov 202203,71385.005.65$20,964
Oct 202209,29987.185.86$54,527
Sep 202205,63284.888.16$45,978
Aug 202206,49394.529.13$59,263
Jul 202209,842101.587.54$74,229
Jun 202209,472115.097.98$75,560
May 202208,669109.378.43$73,106
Apr 202202,107104.226.84$14,407
Mar 202208,762108.885.08$44,479
Feb 202207,03291.054.86$34,167
Jan 202208,20581.844.54$37,232
Dec 202108,99971.323.90$35,088
Nov 202106,84877.435.24$35,862
Oct 202105,78679.795.71$33,060
Sep 202107,53569.865.35$40,319
Aug 202106,03766.024.22$25,480
Jul 2021010,53270.783.98$41,939
Jun 202108,86969.493.38$29,983
May 202108,36463.483.02$25,240
Apr 2021011,94360.362.76$32,944
Mar 202105,93761.302.72$16,130
Feb 202107,09357.805.55$39,352
Jan 202107,92250.412.81$22,263
Dec 202009,27944.642.68$24,826
Nov 2020010,06338.772.71$27,236
Oct 2020010,23236.972.48$25,359
Sep 2020010,29837.091.99$20,504
Aug 202009,66639.982.39$23,054
Jul 202008,54738.371.83$15,599
Jun 2020011,20534.901.69$18,940
May 2020010,30016.921.81$18,692
Apr 2020010,62214.751.80$19,166
Mar 2020012,69030.341.86$23,556
Feb 2020010,70949.881.98$21,211
Jan 2020011,74057.252.09$24,592
Dec 2019013,25659.012.30$30,547
Nov 201907,02655.302.75$19,326
Oct 2019012,28153.472.42$29,702
Sep 2019012,26955.052.66$32,602
Aug 2019011,65053.112.30$26,846
Jul 2019014,06156.272.46$34,591
Jun 2019012,59952.782.49$31,387
May 2019015,35558.482.74$42,078
Apr 2019013,55662.632.75$37,288
Mar 2019013,26556.803.06$40,619
Feb 2019013,09350.852.79$36,559
Jan 2019014,09846.033.23$45,511
Dec 2018015,92846.594.19$66,666
Nov 2018015,81652.934.24$67,016
Oct 2018015,71161.443.40$53,387
Sep 2018016,00359.543.11$49,737
Aug 2018015,16359.403.07$46,498
Jul 2018016,69265.142.93$48,939
Jun 2018014,97560.183.08$46,077
May 2018018,47265.382.90$53,584
Apr 2018015,51863.842.90$45,015
Mar 2018017,28761.222.79$48,176
Feb 2018018,81761.782.77$52,050
Jan 2018011,96462.874.01$47,968
Dec 2017015,99857.272.92$46,738
Nov 2017019,87955.423.12$61,990
Oct 2017020,66049.292.98$61,643
Sep 2017023,04847.523.09$71,156
Aug 2017010,77845.373.00$32,381
Jul 2017015,22343.873.09$46,998
Jun 2017014,37642.493.09$44,383
May 2017018,24245.373.26$59,531
Apr 2017020,30547.933.21$65,212
Mar 2017020,33846.772.98$60,682
Feb 2017017,71250.452.95$52,296
Jan 2017022,92249.413.42$78,366
Dec 2016023,49148.763.72$87,453
Nov 2016023,44342.492.64$61,992
Oct 2016026,65446.193.09$82,368
Sep 2016025,21041.553.10$78,167
Aug 2016025,23141.442.92$73,784
Jul 2016029,31241.622.92$85,718
Jun 2016029,30645.352.69$78,711
May 2016032,29342.521.99$64,297
Apr 2016031,49236.561.99$62,702
Mar 2016036,11133.011.79$64,784
Feb 2016030,80626.472.06$63,572
Jan 2016041,71627.352.36$98,632
Dec 2015044,55632.362.00$89,175
Nov 2015026,20138.792.17$56,786
Oct 2015046,63543.552.43$113,164
Sep 2015048,67642.992.76$134,269
Aug 20151856,18540.162.87$162,114
Jul 2015362,21448.152.95$183,370
Jun 2015467,23056.152.88$194,039
May 2015576,14555.212.96$225,319
Apr 20151684,79649.822.71$230,303
Mar 201516106,34842.892.93$312,787
Feb 20151767,13944.662.98$200,578
Jan 2015654,59843.433.10$169,549
Dec 20140054.693.59$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                3,049 Mcf  × $  3.05 =     $9,287

────────────────────────────────────────────────────
Month total                                   $9,287

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/277486 is the state's own key, not one this site invented.