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 232860District 06Field 354153002 tax incentive programmesCondensateGasSaveExport
Value, all time
$2.0 M
Jun 2007 – May 2026
Value, last 12 filed months
$29 k
at the published price for each month
Months reported
228
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 Gas112008-11-14187014
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
CondensateDisposition4,314 bbl$360,537
GasProduction338,872 Mcf$1,658,009
Total$2,018,547

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 32.5501, -94.8903. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.55011, -94.89029 · 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
10,905 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 10,905 ft.

Completions filed
Jun 2007
1 of 1 wells

1 well

42-18331925410,905 ftJun 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 (228)

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

228 months

May 20260552106.413.05$1,681
Apr 2026052398.932.87$1,501
Mar 2026039789.753.15$1,250
Feb 2026050363.503.75$1,886
Jan 2026071559.138.00$5,719
Dec 2025057956.664.41$2,555
Nov 2025059958.593.93$2,352
Oct 2025081159.383.30$2,680
Sep 2025086762.743.08$2,668
Aug 2025080863.933.01$2,436
Jul 2025070566.743.32$2,337
Jun 2025056466.483.13$1,765
May 2025068460.553.23$2,211
Apr 2025068762.363.54$2,434
Mar 2025069767.704.27$2,975
Feb 2025065870.884.34$2,856
Jan 2025084774.324.28$3,624
Dec 2024064668.993.12$2,016
Nov 2024041969.052.20$921
Oct 2024036271.372.28$826
Sep 2024070869.612.36$1,674
Aug 20243177875.632.06$3,950
Jul 20243777879.932.15$4,627
Jun 20244477978.082.63$5,487
May 20241479578.812.20$2,851
Apr 2024979484.451.66$2,077
Mar 20241060280.301.55$1,733
Feb 2024870076.091.78$1,857
Jan 20241135173.023.30$1,961
Dec 2023887871.262.61$2,862
Nov 2023864477.892.81$2,431
Oct 2023761585.443.09$2,497
Sep 2023657989.042.74$2,118
Aug 2023945080.522.67$1,927
Jul 2023866874.852.64$2,364
Jun 20231079568.962.26$2,485
May 20231177970.622.23$2,512
Apr 20231192978.122.24$2,938
Mar 20231290472.852.39$3,038
Feb 2023760675.112.47$2,020
Jan 2023788076.533.39$3,517
Dec 2022974376.415.73$4,944
Nov 20228085.005.65$680
Oct 20221175787.185.86$5,398
Sep 2022766384.888.16$6,007
Aug 20221072694.529.13$7,572
Jul 20226739101.587.54$6,183
Jun 20228712115.097.98$6,600
May 20227769109.378.43$7,251
Apr 202210808104.226.84$6,567
Mar 202210906108.885.08$5,688
Feb 2022774691.054.86$4,262
Jan 20221091981.844.54$4,989
Dec 2021898271.323.90$4,400
Nov 2021998577.435.24$5,855
Oct 202171,03479.795.71$6,467
Sep 202171,05969.865.35$6,156
Aug 202181,20466.024.22$5,610
Jul 2021692370.783.98$4,100
Jun 2021572069.493.38$2,782
May 2021769663.483.02$2,545
Apr 2021771160.362.76$2,384
Mar 2021678861.302.72$2,509
Feb 2021064657.805.55$3,584
Jan 2021074650.412.81$2,096
Dec 2020060244.642.68$1,611
Nov 2020081238.772.71$2,198
Oct 2020079736.972.48$1,975
Sep 2020081337.091.99$1,619
Aug 2020055239.982.39$1,317
Jul 2020012438.371.83$226
Jun 20201034.901.69$35
May 2020110416.921.81$206
Apr 2020513514.751.80$317
Mar 2020953730.341.86$1,270
Feb 2020985849.881.98$2,148
Jan 20201157457.252.09$1,832
Dec 2019891859.012.30$2,587
Nov 2019987955.302.75$2,916
Oct 2019987653.472.42$2,600
Sep 2019977655.052.66$2,558
Aug 20191186353.112.30$2,573
Jul 20191181156.272.46$2,614
Jun 2019996852.782.49$2,887
May 20191188358.482.74$3,063
Apr 2019999062.632.75$3,287
Mar 2019131,00356.803.06$3,810
Feb 2019987150.852.79$2,890
Jan 20191193146.033.23$3,512
Dec 20181290546.594.19$4,347
Nov 20181093552.934.24$4,491
Oct 2018887861.443.40$3,475
Sep 20181091059.543.11$3,424
Aug 20181084759.403.07$3,191
Jul 2018996865.142.93$3,424
Jun 201891,05160.183.08$3,775
May 2018101,00665.382.90$3,572
Apr 2018998663.842.90$3,435
Mar 20181287761.222.79$3,179
Feb 20181283961.782.77$3,062
Jan 2018888162.874.01$4,035
Dec 201791,03557.272.92$3,539
Nov 20171098555.423.12$3,626
Oct 2017896749.292.98$3,280
Sep 2017891647.523.09$3,208
Aug 2017891445.373.00$3,109
Jul 2017870143.873.09$2,515
Jun 20171080442.493.09$2,907
May 2017111,03645.373.26$3,880
Apr 20171089747.933.21$3,360
Mar 20171697946.772.98$3,669
Feb 2017111,20750.452.95$4,119
Jan 2017141,15949.413.42$4,654
Dec 2016131,13548.763.72$4,859
Nov 2016121,07842.492.64$3,360
Oct 2016151,17946.193.09$4,336
Sep 201691,24941.553.10$4,247
Aug 2016101,04941.442.92$3,482
Jul 2016121,07641.622.92$3,646
Jun 2016111,11945.352.69$3,504
May 2016121,17142.521.99$2,842
Apr 2016121,18136.561.99$2,790
Mar 2016131,16933.011.79$2,526
Feb 2016121,06826.472.06$2,522
Jan 2016131,06727.352.36$2,878
Dec 2015131,16532.362.00$2,752
Nov 2015121,15638.792.17$2,971
Oct 2015151,67543.552.43$4,718
Sep 2015101,16342.992.76$3,638
Aug 2015984940.162.87$2,800
Jul 2015121,00548.152.95$3,538
Jun 2015111,25856.152.88$4,244
May 2015095255.212.96$2,814
Apr 201501,27849.822.71$3,459
Mar 20150442.892.93$12
Feb 201501,20144.662.98$3,574
Jan 201501,26543.433.10$3,922
Dec 201401,31254.693.59$4,712
Nov 201401,32070.464.25$5,612
Oct 201401,28978.303.90$5,028
Sep 201401,25686.164.05$5,081
Aug 201401,32789.394.04$5,355
Jul 201401,35896.564.18$5,676
Jun 201401,28898.164.74$6,101
May 2014171,34894.734.73$7,982
Apr 2014481,13995.944.81$10,083
Mar 2014721,43695.895.06$14,166
Feb 2014701,27597.406.19$14,713
Jan 2014761,37190.404.86$13,534
Dec 2013781,37391.824.35$13,141
Nov 2013911,11288.853.74$12,242
Oct 2013821,25297.423.78$12,720
Sep 2013871,429104.113.72$14,370
Aug 2013761,437104.253.52$12,985
Jul 2013781,406102.523.72$13,224
Jun 2013491,52794.403.93$10,632
May 2013191,55794.834.15$8,262
Apr 2013191,36693.964.28$7,635
Mar 2013211,37593.623.91$7,346
Feb 2013201,44891.233.42$6,777
Jan 2013201,52091.603.42$7,030
Dec 2012201,07986.773.42$5,426
Nov 2012211,28286.953.62$6,473
Oct 2012191,44689.383.40$6,614
Sep 2012191,41394.672.92$5,922
Aug 2012181,35592.662.91$5,608
Jul 2012201,39885.133.02$5,926
Jun 2012241,37479.822.52$5,377
May 2012221,41491.612.49$5,534
Apr 2012201,480101.652.00$4,988
Mar 2012241,552105.052.22$5,970
Feb 2012201,484101.102.57$5,836
Jan 2012191,63998.092.73$6,345
Dec 2011211,59396.873.24$7,195
Nov 2011211,73295.723.31$7,745
Oct 2011151,72684.983.65$7,572
Sep 2011151,64983.623.99$7,827
Aug 2011191,74383.404.15$8,817
Jul 2011161,72394.144.52$9,289
Jun 2011181,74592.904.64$9,769
May 2011181,72498.134.40$9,360
Apr 2011151,821105.964.33$9,480
Mar 20111373196.364.06$4,219
Feb 20111746885.644.18$3,412
Jan 2011191,91986.504.59$10,449
Dec 2010205,89285.734.35$27,332
Nov 2010391,74080.843.80$9,757
Oct 2010552,02578.103.51$11,401
Sep 2010571,89172.633.98$11,665
Aug 2010592,02573.684.42$13,296
Jul 2010532,01872.554.74$13,403
Jun 2010532,13470.364.91$14,208
May 2010522,08071.124.24$12,508
Apr 2010271,86581.694.12$9,894
Mar 2010341,92478.394.39$11,109
Feb 2010262,19773.585.44$13,870
Jan 2010324,79674.365.96$30,983
Dec 2009294,21871.445.48$25,202
Nov 2009273,96474.593.75$16,885
Oct 2009295,67472.544.11$25,425
Sep 2009232865.543.06$1,593
Aug 2009112,38067.423.22$8,402
Jul 2009122,51661.133.46$9,450
Jun 2009152,50966.163.90$10,765
May 2009192,58354.743.93$11,180
Apr 2009232,79246.773.59$11,092
Mar 2009222,89442.144.06$12,674
Feb 2009202,65432.814.63$12,952
Jan 2009233,01935.865.37$17,040
Dec 2008453,22737.105.98$20,958
Nov 2008823,41355.496.86$27,965
Oct 2008822,97675.246.92$26,769
Sep 2008813,417101.767.88$35,159
Aug 2008863,738114.228.48$41,532
Jul 20081063,882131.0811.39$58,108
Jun 2008964,089131.3313.03$65,898
May 20081034,399123.1711.57$63,602
Apr 2008434,543110.3110.45$52,240
Mar 20081384,958101.909.66$61,977
Feb 20081125,51492.538.77$58,724
Jan 20081403,15290.388.21$38,518
Dec 200703,92188.337.30$28,631
Nov 200703,55091.677.29$25,886
Oct 200704,49382.856.92$31,100
Sep 200706,77475.846.24$42,298
Aug 200708,23669.066.39$52,611
Jul 2007013,79670.906.39$88,128
Jun 200704,47662.007.55$33,787

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                  552 Mcf  × $  3.05 =     $1,681

────────────────────────────────────────────────────
Month total                                   $1,681

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/232860 is the state's own key, not one this site invented.