CONTINENTAL STATE BANK

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

Gas lease lease 159207District 06Field 354153002 tax incentive programmesCondensateGasSaveExport
Value, all time
$3.9 M
May 1996 – May 2026
Value, last 12 filed months
$60 k
at the published price for each month
Months reported
361
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 351 leases and 351 wells, and the rule below applies to all of them.

Discovered
1980-12-20
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 40 acres. The field rule took effect on 2017-12-05.

The Commission's schedule remark for this field reads: BE FILED IF THE OPERATOR CHOOSES. THIS IS A UFT FIELD.

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 Gas111996-10-21135424
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
CondensateDisposition2,359 bbl$146,858
GasProduction1,159,617 Mcf$3,779,047
Total$3,925,905

191,913 Mcf of this lease's gas, across 8 months, carries no value here. No free Texas wellhead gas price exists before 1997, so those months are left out of the total rather than valued at zero. The total above is therefore a floor, not an estimate.

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 32.5420, -94.9037. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.54201, -94.90373 · 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
10,940 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 10,940 ft.

Completions filed
May 1996
1 of 1 wells

1 well

42-18331221110,940 ftMay 1996

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 (361)

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

361 months

May 202601,322106.413.05$4,027
Apr 202601,38098.932.87$3,960
Mar 202611,42089.753.15$4,562
Feb 202601,39563.503.75$5,232
Jan 202601,17459.138.00$9,390
Dec 202511,67556.664.41$7,449
Nov 202501,38958.593.93$5,454
Oct 202511,45259.383.30$4,858
Sep 202501,21662.743.08$3,742
Aug 202501,33663.933.01$4,028
Jul 202501,33466.743.32$4,422
Jun 202501,05866.483.13$3,310
May 202501,10460.553.23$3,568
Apr 202511,06262.363.54$3,825
Mar 202511,11867.704.27$4,840
Feb 2025087570.884.34$3,798
Jan 202511,03574.324.28$4,503
Dec 202401,21068.993.12$3,777
Nov 202401,27369.052.20$2,799
Oct 202401,29871.372.28$2,961
Sep 202401,25769.612.36$2,972
Aug 2024431,44875.632.06$6,240
Jul 2024521,44379.932.15$7,254
Jun 2024611,29478.082.63$8,171
May 20241996278.812.20$3,612
Apr 2024141,42084.451.66$3,538
Mar 2024161,28580.301.55$3,270
Feb 2024131,18676.091.78$3,105
Jan 20241763373.023.30$3,329
Dec 2023161,36471.262.61$4,701
Nov 2023161,39377.892.81$5,157
Oct 2023171,27185.443.09$5,376
Sep 2023161,36589.042.74$5,158
Aug 2023161,18980.522.67$4,466
Jul 2023141,23074.852.64$4,297
Jun 2023151,42368.962.26$4,248
May 2023141,04770.622.23$3,321
Apr 2023141,10978.122.24$3,575
Mar 2023171,18772.852.39$4,079
Feb 20231478175.112.47$2,977
Jan 2023131,11776.533.39$4,779
Dec 2022161,29876.415.73$8,659
Nov 202215085.005.65$1,275
Oct 2022201,26887.185.86$9,179
Sep 2022131,42084.888.16$12,696
Aug 2022191,40494.529.13$14,610
Jul 2022111,502101.587.54$12,446
Jun 2022151,192115.097.98$11,235
May 2022141,486109.378.43$14,063
Apr 2022191,545104.226.84$12,544
Mar 2022201,587108.885.08$10,234
Feb 2022121,42991.054.86$8,036
Jan 2022181,73481.844.54$9,341
Dec 2021151,83271.323.90$8,213
Nov 2021171,77777.435.24$10,622
Oct 2021141,61979.795.71$10,368
Sep 2021141,78069.865.35$10,503
Aug 2021151,75966.024.22$8,414
Jul 2021161,71070.783.98$7,942
Jun 2021121,69869.493.38$6,574
May 2021171,71763.483.02$6,261
Apr 2021171,70760.362.76$5,735
Mar 2021151,73761.302.72$5,639
Feb 2021171,59857.805.55$9,848
Jan 2021211,73750.412.81$5,940
Dec 2020181,71744.642.68$5,397
Nov 2020141,78438.772.71$5,371
Oct 2020211,75636.972.48$5,128
Sep 2020161,71337.091.99$4,004
Aug 2020202,09339.982.39$5,792
Jul 2020151,93938.371.83$4,114
Jun 2020181,88334.901.69$3,811
May 2020181,77016.921.81$3,517
Apr 2020211,83714.751.80$3,624
Mar 2020211,82430.341.86$4,023
Feb 2020191,83949.881.98$4,590
Jan 2020251,22157.252.09$3,989
Dec 2019182,10959.012.30$5,922
Nov 201992,10155.302.75$6,277
Oct 201992,42353.472.42$6,341
Sep 201991,05455.052.66$3,296
Aug 20191389553.112.30$2,753
Jul 2019131,13256.272.46$3,516
Jun 2019131,17252.782.49$3,606
May 2019141,34858.482.74$4,513
Apr 2019121,24162.632.75$4,165
Mar 2019181,25856.803.06$4,875
Feb 2019131,19650.852.79$4,001
Jan 2019161,35146.033.23$5,098
Dec 2018171,30646.594.19$6,258
Nov 2018151,29552.934.24$6,281
Oct 2018121,36861.443.40$5,386
Sep 2018121,30559.543.11$4,770
Aug 2018121,43159.403.07$5,101
Jul 2018111,15565.142.93$4,103
Jun 2018111,21560.183.08$4,400
May 2018141,42565.382.90$5,049
Apr 2018131,15963.842.90$4,192
Mar 2018191,21761.222.79$4,555
Feb 2018181,37461.782.77$4,913
Jan 2018141,36162.874.01$6,337
Dec 2017181,04857.272.92$4,093
Nov 2017191,25455.423.12$4,963
Oct 2017161,41249.292.98$5,002
Sep 2017161,39047.523.09$5,052
Aug 2017151,47445.373.00$5,109
Jul 2017171,52343.873.09$5,448
Jun 2017161,59142.493.09$5,592
May 2017191,54545.373.26$5,904
Apr 2017181,62547.933.21$6,082
Mar 2017221,65646.772.98$5,970
Feb 2017171,48950.452.95$5,254
Jan 2017181,75249.413.42$6,879
Dec 2016181,42148.763.72$6,168
Nov 2016181,58142.492.64$4,946
Oct 2016201,67946.193.09$6,112
Sep 2016141,63241.553.10$5,642
Aug 2016151,65241.442.92$5,453
Jul 2016181,66841.622.92$5,627
Jun 2016161,68345.352.69$5,246
May 2016171,72542.521.99$4,157
Apr 2016181,71136.561.99$4,065
Mar 2016201,72133.011.79$3,748
Feb 2016181,67526.472.06$3,933
Jan 2016211,72827.352.36$4,660
Dec 2015191,78632.362.00$4,189
Nov 2015151,67638.792.17$4,214
Oct 2015201,85343.552.43$5,367
Sep 2015161,88542.992.76$5,887
Aug 2015151,37040.162.87$4,538
Jul 2015181,79748.152.95$6,159
Jun 2015161,67556.152.88$5,727
May 201501,31855.212.96$3,895
Apr 201501,65549.822.71$4,479
Mar 20150542.892.93$15
Feb 201501,69144.662.98$5,033
Jan 201501,78943.433.10$5,547
Dec 201401,83854.693.59$6,601
Nov 201401,77770.464.25$7,556
Oct 201401,91078.303.90$7,451
Sep 201401,81286.164.05$7,330
Aug 201401,82389.394.04$7,356
Jul 201401,81196.564.18$7,569
Jun 201401,78698.164.74$8,460
May 201421,94594.734.73$9,383
Apr 201451,97995.944.81$9,997
Mar 201472,14695.895.06$11,523
Feb 201462,05897.406.19$13,328
Jan 201451,72490.404.86$8,832
Dec 2013797091.824.35$4,867
Nov 2013101,82788.853.74$7,718
Oct 201381,86897.423.78$7,839
Sep 201381,866104.113.72$7,770
Aug 201371,975104.253.52$7,687
Jul 201371,863102.523.72$7,644
Jun 201341,96294.403.93$8,095
May 201301,92294.834.15$7,975
Apr 201301,69593.964.28$7,259
Mar 201301,77593.623.91$6,945
Feb 201301,34591.233.42$4,600
Jan 201301,87991.603.42$6,426
Dec 201202,07186.773.42$7,083
Nov 201202,09586.953.62$7,594
Oct 201202,14889.383.40$7,303
Sep 201202,33494.672.92$6,812
Aug 201202,24192.662.91$6,517
Jul 201202,23885.133.02$6,761
Jun 201202,68679.822.52$6,766
May 201201,70991.612.49$4,253
Apr 201202,653101.652.00$5,298
Mar 201202,301105.052.22$5,113
Feb 201201,577101.102.57$4,053
Jan 201201,94498.092.73$5,315
Dec 201101,99596.873.24$6,463
Nov 201101,98695.723.31$6,576
Oct 201102,05884.983.65$7,509
Sep 201102,22083.623.99$8,848
Aug 201102,57983.404.15$10,701
Jul 201101,84694.144.52$8,339
Jun 201102,19392.904.64$10,175
May 201102,49298.134.40$10,977
Apr 201102,378105.964.33$10,305
Mar 201101,61596.364.06$6,553
Feb 2011069785.644.18$2,913
Jan 201101,95986.504.59$8,989
Dec 201003,08885.734.35$13,426
Nov 201001,50880.843.80$5,723
Oct 201001,95978.103.51$6,874
Sep 201001,96172.633.98$7,804
Aug 201001,93473.684.42$8,547
Jul 201002,09072.554.74$9,899
Jun 201002,08870.364.91$10,253
May 201022,05671.124.24$8,850
Apr 201041,93581.694.12$8,304
Mar 201042,10378.394.39$9,543
Feb 201031,60873.585.44$8,972
Jan 201041,73474.365.96$10,639
Dec 200941,98571.445.48$11,171
Nov 200951,58274.593.75$6,308
Oct 200981,89172.544.11$8,353
Sep 200971,13065.543.06$3,922
Aug 200992,35867.423.22$8,196
Jul 200992,25261.133.46$8,352
Jun 2009172,01166.163.90$8,958
May 2009291,97454.743.93$9,337
Apr 2009331,99046.773.59$8,683
Mar 2009312,31142.144.06$10,687
Feb 2009282,13932.814.63$10,829
Jan 2009332,05035.865.37$12,194
Dec 2008242,21737.105.98$14,142
Nov 2008132,22955.496.86$16,013
Oct 200852,98075.246.92$21,004
Sep 200842,639101.767.88$21,195
Aug 200852,454114.228.48$21,388
Jul 200862,517131.0811.39$29,454
Jun 200852,425131.3313.03$32,261
May 200862,664123.1711.57$31,573
Apr 200891,006110.3110.45$11,510
Mar 2008271,571101.909.66$17,934
Feb 2008222,41392.538.77$23,199
Jan 2008282,30290.388.21$21,420
Dec 2007088788.337.30$6,477
Nov 200701,74091.677.29$12,688
Oct 200701,82982.856.92$12,660
Sep 200701,83075.846.24$11,427
Aug 200701,69669.066.39$10,834
Jul 200701,43970.906.39$9,192
Jun 200701,51362.007.55$11,421
May 200701,49458.747.85$11,722
Apr 200701,67059.617.81$13,035
Mar 200701,80156.927.30$13,151
Feb 200701,70655.108.22$14,017
Jan 200701,30450.306.73$8,772
Dec 200602,96556.656.92$20,513
Nov 200602,22354.207.62$16,934
Oct 200603,49054.906.01$20,988
Sep 200602,67460.085.04$13,469
Aug 200602,51268.717.34$18,438
Jul 200602,36369.376.34$14,988
Jun 200602,00466.286.38$12,793
May 200602,75066.016.42$17,669
Apr 200602,35564.397.36$17,334
Mar 200602,77356.707.08$19,641
Feb 200602,43057.597.75$18,835
Jan 200603,25260.598.93$29,051
Dec 200503,24254.9413.42$43,493
Nov 200503,34654.6910.59$35,429
Oct 200503,77958.3413.80$52,134
Sep 200503,98361.4512.08$48,111
Aug 200504,18961.519.80$41,039
Jul 200504,93655.697.84$38,716
Jun 200505,06152.337.38$37,355
May 200501,27245.226.65$8,460
Apr 200501,35349.207.36$9,959
Mar 200501,50650.377.15$10,775
Feb 200501,15745.226.31$7,303
Jan 200501,47643.166.32$9,332
Dec 200403,59439.866.75$24,263
Nov 200401,95445.286.33$12,370
Oct 200402,06549.706.52$13,454
Sep 200402,49843.245.28$13,199
Aug 200401,79342.375.55$9,952
Jul 200401,81138.286.08$11,018
Jun 200401,43136.106.43$9,206
May 200402,22837.486.49$14,470
Apr 200402,03834.475.86$11,940
Mar 200401,50634.365.53$8,328
Feb 200402,89732.455.51$15,961
Jan 200402,64532.036.30$16,663
Dec 200303,07130.266.30$19,352
Nov 2003055928.804.60$2,569
Oct 200301,51928.174.76$7,230
Sep 200302,52826.314.75$12,006
Aug 200302,80129.765.13$14,368
Jul 200302,41429.415.17$12,482
Jun 200301,99828.565.98$11,954
May 2003086926.595.97$5,190
Apr 200301,23426.675.41$6,673
Mar 200302,41831.146.10$14,740
Feb 200302,34233.487.93$18,562
Jan 200303,01030.315.58$16,802
Dec 200202,65726.914.85$12,896
Nov 200202,38324.664.14$9,858
Oct 200202,14726.464.23$9,080
Sep 200203,01727.443.64$10,967
Aug 200202,25025.963.16$7,119
Jul 200202,90824.583.06$8,904
Jun 200203,42823.733.34$11,443
May 200202,85724.663.58$10,239
Apr 200203,15223.653.51$11,071
Mar 200203,42422.003.10$10,624
Feb 200202,57518.222.38$6,117
Jan 200203,13617.172.38$7,450
Dec 200103,49916.932.36$8,273
Nov 200102,38718.072.41$5,742
Oct 200103,83519.782.53$9,698
Sep 200102,55824.262.25$5,759
Aug 200103,33724.873.05$10,188
Jul 200102,99223.933.20$9,566
Jun 200104,70624.563.82$17,997
May 200104,06725.524.31$17,518
Apr 200103,42224.685.34$18,257
Mar 200103,59024.545.38$19,301
Feb 200104,25827.755.77$24,556
Jan 200104,37727.478.40$36,761
Dec 200005,45526.889.12$49,763
Nov 200002,96132.215.66$16,753
Oct 200004,80231.235.15$24,709
Sep 200004,59131.875.19$23,811
Aug 200003,68429.644.54$16,728
Jul 200004,34228.534.09$17,758
Jun 200004,02929.304.40$17,717
May 200004,76327.263.68$17,527
Apr 200004,92124.513.12$15,334
Mar 200004,79428.422.86$13,710
Feb 200005,27327.622.73$14,377
Jan 200005,95025.272.48$14,759
Dec 199904,47224.282.42$10,839
Nov 199906,17523.192.43$15,030
Oct 199905,54920.982.80$15,558
Sep 199906,00521.752.62$15,726
Aug 199905,58419.262.88$16,057
Jul 199906,23017.892.37$14,780
Jun 199905,68715.942.36$13,433
May 199902,02315.792.32$4,695
Apr 199906,11515.102.21$13,502
Mar 199906,70212.471.84$12,320
Feb 199904,8079.981.82$8,738
Jan 199907,47510.381.90$14,202
Dec 199807,3349.201.77$13,006
Nov 199806,74110.892.19$14,734
Oct 199808,33312.421.97$16,409
Sep 199808,61112.592.08$17,933
Aug 199808,67011.301.91$16,537
Jul 199809,29111.742.24$20,786
Jun 199809,59211.242.24$21,460
May 199809,50712.622.21$20,976
Apr 199808,95513.042.51$22,435
Mar 1998010,03912.802.31$23,184
Feb 199808,24213.952.30$18,949
Jan 199809,81314.702.15$21,145
Dec 1997010,22316.322.41$24,649
Nov 1997010,95518.193.09$33,832
Oct 1997012,98119.253.15$40,888
Sep 1997011,01017.742.95$32,533
Aug 1997013,42317.862.55$34,292
Jul 1997013,04517.582.25$29,311
Jun 1997014,09817.242.26$31,822
May 1997014,07918.972.31$32,501
Apr 1997013,99917.882.08$29,157
Mar 1997015,44418.951.94$29,948
Feb 1997014,18520.492.21$31,291
Jan 1997016,36723.483.54$57,934
Dec 1996016,67723.32$0
Nov 1996017,71021.97$0
Oct 1996020,49623.31$0
Sep 1996022,73522.22$0
Aug 1996027,52820.26$0
Jul 1996036,24119.55$0
Jun 1996027,42118.73$0
May 1996023,10519.43$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                1,322 Mcf  × $  3.05 =     $4,027

────────────────────────────────────────────────────
Month total                                   $4,027

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. 06/G/159207 is the state's own key, not one this site invented.