KEASLER, S. J.

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

Gas lease lease 232407District 06Field 520020502 tax incentive programmesCondensateGasSaveExport
Value, all time
$2.4 M
Sep 2007 – May 2026
Value, last 12 filed months
$0
at the published price for each month
Months reported
225
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 54 leases and 54 wells, and the rule below applies to all of them.

Discovered
1978-12-26
as the register files it
Field class
Gas
the register's own label
Between wells
1,200 ft
minimum
From a lease line
467 ft
minimum

A drilling unit in this field needs at least 40 acres. The field rule took effect on 2004-04-23.

The Commission's schedule remark for this field reads: PERTAINING TO PERMITTING.

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 Gas112008-02-07180504
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
CondensateDisposition1,699 bbl$128,081
GasProduction454,653 Mcf$2,232,416
Total$2,360,497

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 32.6279, -94.6737. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.62790, -94.67366 · 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
10,820 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 10,820 ft.

Completions filed
Sep 2007
1 of 1 wells

1 well

42-20334060210,820 ftSep 2007

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 (225)

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

225 months

May 202600106.413.05$0
Apr 20260098.932.87$0
Mar 20260089.753.15$0
Feb 20260063.503.75$0
Jan 20260059.138.00$0
Dec 20250056.664.41$0
Nov 20250058.593.93$0
Oct 20250059.383.30$0
Sep 20250062.743.08$0
Aug 20250063.933.01$0
Jul 20250066.743.32$0
Jun 20250066.483.13$0
May 20250060.553.23$0
Apr 20250062.363.54$0
Mar 20250067.704.27$0
Feb 20250070.884.34$0
Jan 20250074.324.28$0
Dec 20240068.993.12$0
Nov 20240069.052.20$0
Oct 20240071.372.28$0
Sep 20247069.612.36$487
Aug 20240075.632.06$0
Jul 20240079.932.15$0
Jun 20240078.082.63$0
May 20240078.812.20$0
Apr 20240084.451.66$0
Mar 20240080.301.55$0
Feb 20240076.091.78$0
Jan 20240073.023.30$0
Dec 20230071.262.61$0
Nov 20230077.892.81$0
Oct 20230085.443.09$0
Sep 20230089.042.74$0
Aug 20230080.522.67$0
Jul 20230074.852.64$0
Jun 20231068.962.26$69
May 20230070.622.23$0
Apr 20230078.122.24$0
Mar 20230672.852.39$14
Feb 20231801,20575.112.47$16,491
Jan 202301,53576.533.39$5,200
Dec 202201,33776.415.73$7,660
Nov 202201,10385.005.65$6,228
Oct 2022092987.185.86$5,447
Sep 202201,19384.888.16$9,739
Aug 202203,58794.529.13$32,739
Jul 202202,592101.587.54$19,549
Jun 202202,692115.097.98$21,475
May 202202,756109.378.43$23,241
Apr 202222,540104.226.84$17,576
Mar 202202,556108.885.08$12,975
Feb 202202,16591.054.86$10,519
Jan 202201,49981.844.54$6,802
Dec 202141,49771.323.90$6,122
Nov 202101,31077.435.24$6,860
Oct 202101,36379.795.71$7,788
Sep 202101,39469.865.35$7,459
Aug 20211771,44966.024.22$17,801
Jul 202101,53670.783.98$6,116
Jun 202101,50669.493.38$5,091
May 202121,60763.483.02$4,976
Apr 202121,54760.362.76$4,388
Mar 202181,69561.302.72$5,096
Feb 202131,87257.805.55$10,559
Jan 202101,56950.412.81$4,409
Dec 202001,48744.642.68$3,978
Nov 202021,66738.772.71$4,589
Oct 202041,68136.972.48$4,314
Sep 202001,60937.091.99$3,204
Aug 202001,70739.982.39$4,071
Jul 202001,72338.371.83$3,145
Jun 202021,70334.901.69$2,948
May 202031,65116.921.81$3,047
Apr 202021,64114.751.80$2,990
Mar 202011,81730.341.86$3,403
Feb 202021,55249.881.98$3,174
Jan 202041,78457.252.09$3,966
Dec 201941,89259.012.30$4,596
Nov 201931,60955.302.75$4,592
Oct 201921,64953.472.42$4,095
Sep 201921,60155.052.66$4,364
Aug 201951,60353.112.30$3,959
Jul 201931,57856.272.46$4,051
Jun 201931,55952.782.49$4,042
May 201931,60358.482.74$4,568
Apr 201921,53962.632.75$4,359
Mar 201911,55756.803.06$4,824
Feb 201901,38450.852.79$3,864
Jan 201931,52546.033.23$5,061
Dec 201831,53746.594.19$6,573
Nov 201831,48552.934.24$6,451
Oct 201801,50161.443.40$5,101
Sep 201821,59659.543.11$5,079
Aug 201801,39759.403.07$4,284
Jul 201811,29665.142.93$3,865
Jun 201811,30760.183.08$4,082
May 201801,14065.382.90$3,307
Apr 201801,36363.842.90$3,954
Mar 201811,34061.222.79$3,796
Feb 201801,23361.782.77$3,411
Jan 201801,89362.874.01$7,590
Dec 201701,38657.272.92$4,049
Nov 201701,32055.423.12$4,116
Oct 201711,44249.292.98$4,352
Sep 201701,44847.523.09$4,470
Aug 201701,51245.373.00$4,543
Jul 201721,54843.873.09$4,867
Jun 201701,47242.493.09$4,544
May 201711,61945.373.26$5,329
Apr 201711,50347.933.21$4,875
Mar 201701,66946.772.98$4,980
Feb 201711,52550.452.95$4,553
Jan 201711,78949.413.42$6,166
Dec 201601,64948.763.72$6,139
Nov 201601,48942.492.64$3,937
Oct 201601,70346.193.09$5,263
Sep 201601,66341.553.10$5,156
Aug 201601,74741.442.92$5,109
Jul 201601,62441.622.92$4,749
Jun 201601,55745.352.69$4,182
May 201601,66542.521.99$3,315
Apr 201601,20736.561.99$2,403
Mar 201601,16733.011.79$2,094
Feb 201601,49626.472.06$3,087
Jan 201601,59127.352.36$3,762
Dec 201511,77332.362.00$3,581
Nov 2015192038.792.17$2,033
Oct 201501,07343.552.43$2,604
Sep 2015073842.992.76$2,036
Aug 2015087040.162.87$2,499
Jul 201501,11348.152.95$3,278
Jun 2015095856.152.88$2,762
May 201501,07955.212.96$3,189
Apr 201501,00749.822.71$2,726
Mar 201501,01442.892.93$2,976
Feb 201511,19744.662.98$3,607
Jan 201511,45543.433.10$4,555
Dec 201401,41354.693.59$5,075
Nov 201401,42270.464.25$6,046
Oct 201411,53578.303.90$6,066
Sep 20141721,51186.164.05$20,932
Aug 201401,37889.394.04$5,560
Jul 201441,46196.564.18$6,493
Jun 201401,43398.164.74$6,788
May 201401,43094.734.73$6,759
Apr 201401,91695.944.81$9,214
Mar 201401,97395.895.06$9,977
Feb 201401,70297.406.19$10,539
Jan 201401,80890.404.86$8,788
Dec 201301,89291.824.35$8,239
Nov 201302,03688.853.74$7,611
Oct 201302,16797.423.78$8,190
Sep 201302,307104.113.72$8,577
Aug 201301,989104.253.52$7,006
Jul 201311,694102.523.72$6,400
Jun 201321,59994.403.93$6,478
May 201311,56494.834.15$6,584
Apr 201302,13393.964.28$9,135
Mar 201312,38593.623.91$9,426
Feb 201312,22991.233.42$7,714
Jan 201312,09691.603.42$7,260
Dec 201201,53986.773.42$5,264
Nov 201201,55286.953.62$5,626
Oct 201201,99389.383.40$6,776
Sep 201202,38794.672.92$6,966
Aug 201212,39592.662.91$7,058
Jul 201202,29185.133.02$6,921
Jun 20121842,51179.822.52$21,012
May 201202,82291.612.49$7,022
Apr 201201,920101.652.00$3,834
Mar 201202,052105.052.22$4,560
Feb 201212,557101.102.57$6,673
Jan 201202,86498.092.73$7,830
Dec 201102,16796.873.24$7,021
Nov 201102,50495.723.31$8,291
Oct 201113,05684.983.65$11,235
Sep 201102,86483.623.99$11,415
Aug 201103,07383.404.15$12,751
Jul 201103,10594.144.52$14,026
Jun 201102,73692.904.64$12,695
May 201102,90298.134.40$12,783
Apr 201102,842105.964.33$12,315
Mar 201112,96296.364.06$12,114
Feb 201102,51185.644.18$10,496
Jan 201103,04286.504.59$13,959
Dec 201002,85485.734.35$12,408
Nov 201012,95080.843.80$11,277
Oct 20101692,97878.103.51$23,648
Sep 201002,99872.633.98$11,930
Aug 201003,27573.684.42$14,473
Jul 201003,10672.554.74$14,712
Jun 201002,89070.364.91$14,191
May 201003,01971.124.24$12,786
Apr 201003,37481.694.12$13,910
Mar 201003,43978.394.39$15,093
Feb 201003,50873.585.44$19,092
Jan 201002,92674.365.96$17,451
Dec 200903,62371.445.48$19,868
Nov 200903,75874.593.75$14,098
Oct 200914,01672.544.11$16,579
Sep 20091153,96165.543.06$19,677
Aug 200904,15467.423.22$13,370
Jul 200914,29961.133.46$14,955
Jun 200924,03566.163.90$15,849
May 200924,37554.743.93$17,285
Apr 200904,34246.773.59$15,577
Mar 200904,28442.144.06$17,389
Feb 20091914,20832.814.63$25,762
Jan 200904,98835.865.37$26,791
Dec 200804,49537.105.98$26,867
Nov 200804,49155.496.86$30,810
Oct 200804,84775.246.92$33,551
Sep 200803,921101.767.88$30,886
Aug 200805,028114.228.48$42,653
Jul 200805,458131.0811.39$62,164
Jun 200805,376131.3313.03$70,063
May 200806,194123.1711.57$71,691
Apr 20081925,185110.3110.45$75,388
Mar 200866,630101.909.66$64,684
Feb 200806,63092.538.77$58,149
Jan 200807,13590.388.21$58,548
Dec 200719,45288.337.30$69,107
Nov 200718011,16791.677.29$97,927
Oct 2007015,05182.856.92$104,183
Sep 2007710,27675.846.24$64,696

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.

Sep 2024 — as filed, then multipliedworked
Condensate             7 bbl  × $ 69.61 =       $487
Gas                    0 Mcf  × $  2.36 =         $0

────────────────────────────────────────────────────
Month total                                     $487

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/232407 is the state's own key, not one this site invented.