LEE, T.W. GAS UNIT

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 168372District 06Field 354153002 tax incentive programmesCondensateGasSaveExport
Value, all time
$3.0 M
Mar 1998 – May 2026
Value, last 12 filed months
$61 k
at the published price for each month
Months reported
339
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 Gas111998-06-15138623
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
CondensateDisposition2,118 bbl$144,367
GasProduction750,487 Mcf$2,839,739
Total$2,984,105

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 32.5542, -94.8894. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.55423, -94.88942 · 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
10,960 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 10,960 ft.

Completions filed
Mar 1998
1 of 1 wells

1 well

42-18331306110,960 ftMar 1998

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 (339)

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

339 months

May 202633739106.413.05$5,762
Apr 20263070998.932.87$5,003
Mar 20263076289.753.15$5,092
Feb 20262383063.503.75$4,573
Jan 20263388059.138.00$8,989
Dec 20252091656.664.41$5,176
Nov 20252988158.593.93$5,158
Oct 20252380759.383.30$4,033
Sep 20253070762.743.08$4,058
Aug 20253376763.933.01$4,422
Jul 20253175266.743.32$4,562
Jun 20253661566.483.13$4,317
May 20253062660.553.23$3,840
Apr 20254163662.363.54$4,810
Mar 20253457667.704.27$4,760
Feb 20252351570.884.34$3,866
Jan 20251359174.324.28$3,495
Dec 2024068268.993.12$2,129
Nov 2024064069.052.20$1,407
Oct 2024067071.372.28$1,529
Sep 2024060769.612.36$1,435
Aug 2024059175.632.06$1,220
Jul 2024053179.932.15$1,140
Jun 2024057378.082.63$1,509
May 2024070278.812.20$1,543
Apr 2024071584.451.66$1,186
Mar 2024065480.301.55$1,011
Feb 2024458676.091.78$1,350
Jan 2024523473.023.30$1,137
Dec 2023441171.262.61$1,358
Nov 2023433577.892.81$1,252
Oct 2023433285.443.09$1,367
Sep 2023426789.042.74$1,086
Aug 2023528680.522.67$1,167
Jul 2023639874.852.64$1,501
Jun 2023957868.962.26$1,926
May 2023865470.622.23$2,022
Apr 2023966078.122.24$2,180
Mar 20231067572.852.39$2,344
Feb 2023649675.112.47$1,674
Jan 2023659576.533.39$2,475
Dec 2022746476.415.73$3,193
Nov 20226085.005.65$510
Oct 2022981387.185.86$5,552
Sep 2022674384.888.16$6,575
Aug 2022874294.529.13$7,529
Jul 20225697101.587.54$5,765
Jun 20226595115.097.98$5,437
May 20228597109.378.43$5,909
Apr 202212780104.226.84$6,584
Mar 202212774108.885.08$5,236
Feb 2022871491.054.86$4,198
Jan 20221199981.844.54$5,433
Dec 202191,07771.323.90$4,841
Nov 2021101,05977.435.24$6,320
Oct 2021892079.795.71$5,895
Sep 2021899669.865.35$5,888
Aug 202191,07566.024.22$5,131
Jul 202191,06670.783.98$4,882
Jun 202171,02669.493.38$3,955
May 202191,15963.483.02$4,069
Apr 202191,61860.362.76$5,006
Mar 202181,04861.302.72$3,338
Feb 2021585457.805.55$5,027
Jan 2021689550.412.81$2,818
Dec 2020599544.642.68$2,885
Nov 2020498938.772.71$2,832
Oct 2020694136.972.48$2,554
Sep 2020577737.091.99$1,732
Aug 2020679939.982.39$2,146
Jul 2020457338.371.83$1,199
Jun 2020352334.901.69$989
May 2020256016.921.81$1,050
Apr 2020524014.751.80$507
Mar 20201053630.341.86$1,298
Feb 20201092849.881.98$2,337
Jan 20201161657.252.09$1,920
Dec 2019793959.012.30$2,577
Nov 2019979655.302.75$2,687
Oct 2019996853.472.42$2,822
Sep 2019885355.052.66$2,707
Aug 20191086253.112.30$2,517
Jul 2019975256.272.46$2,356
Jun 20191082852.782.49$2,591
May 20191197058.482.74$3,301
Apr 2019998962.632.75$3,284
Mar 20191198056.803.06$3,626
Feb 2019972750.852.79$2,488
Jan 20191286646.033.23$3,348
Dec 20181396546.594.19$4,645
Nov 2018111,03152.934.24$4,951
Oct 2018101,05361.443.40$4,193
Sep 2018111,01959.543.11$3,822
Aug 2018111,06459.403.07$3,916
Jul 2018101,08165.142.93$3,821
Jun 2018111,11160.183.08$4,080
May 2018131,02365.382.90$3,817
Apr 2018121,04463.842.90$3,795
Mar 2018141,12461.222.79$3,989
Feb 20181389561.782.77$3,279
Jan 2018899562.874.01$4,492
Dec 20171088557.272.92$3,158
Nov 2017101,03855.423.12$3,791
Oct 201781,13249.292.98$3,772
Sep 201791,10547.523.09$3,839
Aug 2017886945.373.00$2,974
Jul 2017983643.873.09$2,976
Jun 20171185542.493.09$3,107
May 2017111,04845.373.26$3,919
Apr 2017976647.933.21$2,891
Mar 20171081446.772.98$2,896
Feb 2017871150.452.95$2,503
Jan 2017982149.413.42$3,252
Dec 2016977448.763.72$3,320
Nov 2016975842.492.64$2,387
Oct 20161084946.193.09$3,086
Sep 2016683541.553.10$2,838
Aug 2016774741.442.92$2,475
Jul 2016986141.622.92$2,892
Jun 2016987045.352.69$2,745
May 20161199542.521.99$2,449
Apr 2016121,13436.561.99$2,697
Mar 2016131,18233.011.79$2,550
Feb 2016121,10626.472.06$2,600
Jan 2016131,10127.352.36$2,959
Dec 2015131,15432.362.00$2,730
Nov 2015101,14238.792.17$2,863
Oct 2015131,23543.552.43$3,563
Sep 2015111,21542.992.76$3,824
Aug 20151093840.162.87$3,096
Jul 2015131,29348.152.95$4,434
Jun 2015111,25656.152.88$4,239
May 2015086355.212.96$2,551
Apr 201501,19049.822.71$3,221
Mar 20150042.892.93$0
Feb 201501,07844.662.98$3,208
Jan 201501,20843.433.10$3,746
Dec 201401,05654.693.59$3,792
Nov 201401,12670.464.25$4,788
Oct 201401,17278.303.90$4,572
Sep 2014097986.164.05$3,960
Aug 201401,03389.394.04$4,168
Jul 201401,21896.564.18$5,091
Jun 201401,10898.164.74$5,248
May 201411,16494.734.73$5,596
Apr 201441,22895.944.81$6,289
Mar 201461,17495.895.06$6,512
Feb 201461,01797.406.19$6,882
Jan 201461,23090.404.86$6,521
Dec 201371,29791.824.35$6,291
Nov 201381,31688.853.74$5,630
Oct 201371,39497.423.78$5,950
Sep 201371,481104.113.72$6,235
Aug 201361,543104.253.52$6,061
Jul 201361,646102.523.72$6,735
Jun 201361,10294.403.93$4,901
May 201371,55394.834.15$7,107
Apr 201371,40093.964.28$6,653
Mar 201381,49993.623.91$6,614
Feb 201371,36391.233.42$5,300
Jan 201381,62391.603.42$6,283
Dec 201281,54386.773.42$5,971
Nov 201281,34786.953.62$5,578
Oct 201271,56189.383.40$5,933
Sep 201271,65694.672.92$5,496
Aug 201261,66692.662.91$5,401
Jul 201271,72485.133.02$5,804
Jun 201291,54679.822.52$4,613
May 201281,65691.612.49$4,854
Apr 201271,596101.652.00$3,898
Mar 201291,625105.052.22$4,556
Feb 201271,616101.102.57$4,861
Jan 201271,66898.092.73$5,247
Dec 201151,78896.873.24$6,277
Nov 20110095.723.31$0
Oct 20110084.983.65$0
Sep 20110083.623.99$0
Aug 20110083.404.15$0
Jul 20110094.144.52$0
Jun 20110092.904.64$0
May 20110098.134.40$0
Apr 201100105.964.33$0
Mar 20110096.364.06$0
Feb 20110085.644.18$0
Jan 201101,00586.504.59$4,612
Dec 201013,52385.734.35$15,403
Nov 2010201,43580.843.80$7,063
Oct 2010401,73478.103.51$9,208
Sep 2010411,71472.633.98$9,799
Aug 2010431,88473.684.42$11,494
Jul 2010391,83072.554.74$11,497
Jun 2010381,87070.364.91$11,856
May 2010301,94271.124.24$10,358
Apr 201041,77681.694.12$7,649
Mar 201051,97378.394.39$9,051
Feb 201031,82073.585.44$10,126
Jan 201041,98574.365.96$12,136
Dec 200941,98271.445.48$11,155
Nov 200961,97474.593.75$7,853
Oct 2009112,15072.544.11$9,635
Sep 200991,83865.543.06$6,223
Aug 200992,32167.423.22$8,077
Jul 200992,48061.133.46$9,142
Jun 2009112,26966.163.90$9,566
May 2009131,89354.743.93$8,143
Apr 2009151,79946.773.59$7,155
Mar 2009141,82242.144.06$7,985
Feb 2009131,71532.814.63$8,372
Jan 2009151,55735.865.37$8,901
Dec 2008111,92537.105.98$11,914
Nov 200871,54555.496.86$10,988
Oct 200861,97675.246.92$14,129
Sep 200861,860101.767.88$15,262
Aug 200862,184114.228.48$19,212
Jul 200872,037131.0811.39$24,118
Jun 200892,139131.3313.03$29,059
May 2008182,235123.1711.57$28,086
Apr 200841,500110.3110.45$16,124
Mar 2008141,289101.909.66$13,884
Feb 2008111,14792.538.77$11,078
Jan 2008141,15790.388.21$10,759
Dec 2007095388.337.30$6,959
Nov 2007092991.677.29$6,774
Oct 2007010482.856.92$720
Sep 200702,38175.846.24$14,867
Aug 200702,96469.066.39$18,934
Jul 200703,06570.906.39$19,579
Jun 200702,07962.007.55$15,693
May 200702,23158.747.85$17,505
Apr 200702,25959.617.81$17,632
Mar 200702,23756.927.30$16,335
Feb 200701,82455.108.22$14,986
Jan 200702,02750.306.73$13,635
Dec 200601,73156.656.92$11,976
Nov 200601,25054.207.62$9,522
Oct 200601,12754.906.01$6,778
Sep 200601,55360.085.04$7,823
Aug 200601,41568.717.34$10,386
Jul 2006090069.376.34$5,708
Jun 200601,41866.286.38$9,052
May 200601,01566.016.42$6,521
Apr 2006080164.397.36$5,896
Mar 2006060956.707.08$4,314
Feb 2006068657.597.75$5,317
Jan 2006091160.598.93$8,138
Dec 200501,11254.9413.42$14,918
Nov 200501,26854.6910.59$13,426
Oct 200501,35458.3413.80$18,679
Sep 200501,27261.4512.08$15,364
Aug 200501,60261.519.80$15,695
Jul 200501,76855.697.84$13,868
Jun 200501,47252.337.38$10,865
May 200502,53245.226.65$16,841
Apr 200502,07449.207.36$15,266
Mar 2005096750.377.15$6,919
Feb 200501,01645.226.31$6,413
Jan 200501,43743.166.32$9,085
Dec 200402,42339.866.75$16,358
Nov 200402,52645.286.33$15,991
Oct 200402,67449.706.52$17,421
Sep 200402,49143.245.28$13,162
Aug 200402,93742.375.55$16,302
Jul 200402,84238.286.08$17,291
Jun 200403,05836.106.43$19,672
May 200403,15437.486.49$20,484
Apr 2004083034.475.86$4,863
Mar 2004096734.365.53$5,348
Feb 200402,46632.455.51$13,587
Jan 200402,08832.036.30$13,154
Dec 200302,98530.266.30$18,810
Nov 200303,42428.804.60$15,734
Oct 200302,83628.174.76$13,498
Sep 200303,02226.314.75$14,353
Aug 200303,33929.765.13$17,128
Jul 200302,72929.415.17$14,111
Jun 200301,38428.565.98$8,280
May 200301,30726.595.97$7,806
Apr 200301,68926.675.41$9,133
Mar 200302,33631.146.10$14,240
Feb 200301,85233.487.93$14,679
Jan 200301,65330.315.58$9,227
Dec 200201,67626.914.85$8,135
Nov 200202,03224.664.14$8,406
Oct 200202,09426.464.23$8,856
Sep 200201,83727.443.64$6,678
Aug 200202,57425.963.16$8,145
Jul 200201,84924.583.06$5,661
Jun 200203,75523.733.34$12,535
May 200203,94024.663.58$14,121
Apr 200204,50223.653.51$15,812
Mar 200207,37422.003.10$22,879
Feb 200207,05018.222.38$16,749
Jan 200207,91617.172.38$18,806
Dec 200105,86916.932.36$13,877
Nov 200105,60618.072.41$13,485
Oct 200105,38719.782.53$13,623
Sep 200104,65224.262.25$10,473
Aug 200104,54924.873.05$13,889
Jul 200104,92623.933.20$15,749
Jun 200102,76824.563.82$10,585
May 200103,21125.524.31$13,831
Apr 200103,21424.685.34$17,148
Mar 200103,66824.545.38$19,721
Feb 200103,01827.755.77$17,405
Jan 200103,50727.478.40$29,454
Dec 200003,56726.889.12$32,540
Nov 200003,74832.215.66$21,206
Oct 200005,60431.235.15$28,835
Sep 200005,35931.875.19$27,794
Aug 200004,39529.644.54$19,957
Jul 200005,18328.534.09$21,197
Jun 200005,35429.304.40$23,543
May 200004,85127.263.68$17,850
Apr 200005,87724.513.12$18,313
Mar 200006,40128.422.86$18,305
Feb 200005,33227.622.73$14,538
Jan 200006,71825.272.48$16,664
Dec 199906,76924.282.42$16,406
Nov 199907,43623.192.43$18,099
Oct 199908,47520.982.80$23,761
Sep 1999010,08921.752.62$26,422
Aug 199908,23419.262.88$23,678
Jul 199908,03917.892.37$19,071
Jun 199908,07315.942.36$19,069
May 199908,40615.792.32$19,510
Apr 1999010,13315.102.21$22,374
Mar 1999010,86112.471.84$19,966
Feb 199909,4909.981.82$17,251
Jan 1999010,64010.381.90$20,215
Dec 1998010,5439.201.77$18,696
Nov 1998010,23110.892.19$22,362
Oct 1998012,06112.421.97$23,751
Sep 1998011,98512.592.08$24,960
Aug 1998013,51311.301.91$25,774
Jul 1998014,95311.742.24$33,454
Jun 1998016,32611.242.24$36,526
May 1998018,50212.622.21$40,822
Apr 1998017,11213.042.51$42,871
Mar 1998014,93112.802.31$34,482

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            33 bbl  × $106.41 =     $3,512
Gas                  739 Mcf  × $  3.05 =     $2,251

────────────────────────────────────────────────────
Month total                                   $5,762

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/168372 is the state's own key, not one this site invented.