DUNCAN

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 232887District 06Field 354153002 tax incentive programmesCondensateGasSaveExport
Value, all time
$3.1 M
May 2007 – May 2026
Value, last 12 filed months
$9 k
at the published price for each month
Months reported
229
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 Gas112008-04-14182083
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
CondensateDisposition4,329 bbl$324,205
GasProduction552,939 Mcf$2,815,441
Total$3,139,646

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 32.5589, -94.8741. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.55893, -94.87406 · 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
10,990 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 10,990 ft.

Completions filed
May 2007
1 of 1 wells

1 well

42-18331923310,990 ftMay 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 (229)

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

229 months

May 20260155106.413.05$472
Apr 2026015098.932.87$430
Mar 2026013389.753.15$419
Feb 2026016363.503.75$611
Jan 2026019359.138.00$1,544
Dec 2025015556.664.41$684
Nov 2025017558.593.93$687
Oct 2025056259.383.30$1,857
Sep 2025012462.743.08$382
Aug 2025014963.933.01$449
Jul 2025023066.743.32$763
Jun 2025014766.483.13$460
May 2025014060.553.23$453
Apr 2025017862.363.54$631
Mar 2025019067.704.27$811
Feb 2025016970.884.34$734
Jan 2025020974.324.28$894
Dec 2024020868.993.12$649
Nov 2024021669.052.20$475
Oct 2024023371.372.28$532
Sep 2024023969.612.36$565
Aug 2024043475.632.06$896
Jul 2024088879.932.15$1,906
Jun 2024084578.082.63$2,226
May 2024043278.812.20$950
Apr 2024041684.451.66$690
Mar 2024043080.301.55$664
Feb 2024444376.091.78$1,095
Jan 2024620173.023.30$1,101
Dec 2023744671.262.61$1,663
Nov 2023960377.892.81$2,394
Oct 2023677485.443.09$2,902
Sep 2023442389.042.74$1,513
Aug 2023430080.522.67$1,124
Jul 2023428874.852.64$1,060
Jun 2023738268.962.26$1,345
May 2023956070.622.23$1,883
Apr 2023874078.122.24$2,281
Mar 2023972072.852.39$2,379
Feb 20231139075.112.47$1,788
Jan 20231060576.533.39$2,815
Dec 20221368576.415.73$4,918
Nov 202212085.005.65$1,020
Oct 20221686387.185.86$6,455
Sep 20221192384.888.16$8,469
Aug 2022151,01194.529.13$10,645
Jul 20228969101.587.54$8,121
Jun 202212995115.097.98$9,318
May 2022101,180109.378.43$11,045
Apr 2022141,154104.226.84$9,350
Mar 2022141,162108.885.08$7,423
Feb 202291,06491.054.86$5,989
Jan 2022131,29881.844.54$6,954
Dec 2021111,35671.323.90$6,072
Nov 2021121,28477.435.24$7,653
Oct 2021101,31779.795.71$8,323
Sep 2021101,29769.865.35$7,639
Aug 2021111,33366.024.22$6,352
Jul 202181,29170.783.98$5,707
Jun 202161,22469.493.38$4,555
May 202191,26263.483.02$4,380
Apr 202181,24160.362.76$3,906
Mar 202181,18861.302.72$3,718
Feb 20211280557.805.55$5,160
Jan 2021151,35150.412.81$4,553
Dec 2020131,36044.642.68$4,219
Nov 2020101,46938.772.71$4,364
Oct 2020151,35636.972.48$3,915
Sep 2020121,26237.091.99$2,958
Aug 2020151,27639.982.39$3,643
Jul 2020111,27338.371.83$2,745
Jun 2020131,36634.901.69$2,763
May 2020141,36416.921.81$2,712
Apr 2020171,35614.751.80$2,697
Mar 2020151,52930.341.86$3,293
Feb 2020151,23449.881.98$3,192
Jan 20201794757.252.09$2,957
Dec 2019121,37759.012.30$3,881
Nov 2019171,41155.302.75$4,821
Oct 2019171,50053.472.42$4,537
Sep 2019161,45755.052.66$4,752
Aug 2019171,60953.112.30$4,611
Jul 2019161,47256.272.46$4,522
Jun 2019151,44552.782.49$4,391
May 2019161,45858.482.74$4,931
Apr 2019131,34862.632.75$4,522
Mar 2019171,42956.803.06$5,341
Feb 2019141,17250.852.79$3,984
Jan 2019181,45846.033.23$5,535
Dec 2018191,45546.594.19$6,975
Nov 2018161,45552.934.24$7,012
Oct 2018151,51861.443.40$6,080
Sep 2018171,59559.543.11$5,969
Aug 2018171,80359.403.07$6,539
Jul 2018131,64965.142.93$5,681
Jun 2018141,40660.183.08$5,169
May 2018171,59065.382.90$5,724
Apr 2018161,59563.842.90$5,648
Mar 2018211,54861.222.79$5,600
Feb 2018201,38761.782.77$5,072
Jan 2018141,56962.874.01$7,171
Dec 2017171,50057.272.92$5,356
Nov 2017191,26155.423.12$4,985
Oct 2017151,59749.292.98$5,504
Sep 2017161,56747.523.09$5,598
Aug 2017151,60145.373.00$5,491
Jul 2017161,69243.873.09$5,926
Jun 2017171,56142.493.09$5,542
May 2017191,64245.373.26$6,221
Apr 2017181,56847.933.21$5,899
Mar 2017221,66646.772.98$6,000
Feb 2017151,53350.452.95$5,283
Jan 2017191,67249.413.42$6,655
Dec 2016191,60248.763.72$6,890
Nov 2016181,55742.492.64$4,882
Oct 2016211,77746.193.09$6,461
Sep 2016151,74041.553.10$6,018
Aug 2016131,74341.442.92$5,636
Jul 2016161,38241.622.92$4,707
Jun 2016151,54845.352.69$4,838
May 2016161,60142.521.99$3,868
Apr 2016161,60336.561.99$3,777
Mar 2016181,42233.011.79$3,145
Feb 2016181,63326.472.06$3,846
Jan 2016201,70327.352.36$4,574
Dec 2015201,77932.362.00$4,208
Nov 2015191,74738.792.17$4,523
Oct 2015242,71143.552.43$7,624
Sep 2015171,83542.992.76$5,793
Aug 2015151,51240.162.87$4,946
Jul 2015181,65248.152.95$5,732
Jun 2015161,80456.152.88$6,099
May 201501,36055.212.96$4,019
Apr 201501,13049.822.71$3,058
Mar 20150042.892.93$0
Feb 201501,74544.662.98$5,193
Jan 201501,92743.433.10$5,975
Dec 201401,99854.693.59$7,176
Nov 201401,85370.464.25$7,879
Oct 201401,75278.303.90$6,834
Sep 201401,86986.164.05$7,561
Aug 201401,99189.394.04$8,034
Jul 201402,01396.564.18$8,414
Jun 201402,00798.164.74$9,507
May 201462,11294.734.73$10,551
Apr 2014182,01995.944.81$11,437
Mar 2014282,11395.895.06$13,370
Feb 2014271,90997.406.19$14,450
Jan 2014292,13190.404.86$12,980
Dec 2013332,08491.824.35$12,105
Nov 2013402,13188.853.74$11,520
Oct 2013312,23697.423.78$11,471
Sep 2013312,223104.113.72$11,492
Aug 2013271,795104.253.52$9,138
Jul 2013302,284102.523.72$11,567
Jun 2013262,33994.403.93$11,655
May 2013232,20394.834.15$11,322
Apr 2013252,16293.964.28$11,608
Mar 2013282,44693.623.91$12,192
Feb 2013252,08091.233.42$9,394
Jan 2013262,39491.603.42$10,569
Dec 2012342,43586.773.42$11,278
Nov 2012542,50986.953.62$13,790
Oct 2012572,78989.383.40$14,576
Sep 2012232,83694.672.92$10,454
Aug 2012222,24492.662.91$8,564
Jul 2012242,25185.133.02$8,843
Jun 2012302,91479.822.52$9,735
May 2012272,95391.612.49$9,821
Apr 2012252,838101.652.00$8,208
Mar 2012302,968105.052.22$9,747
Feb 2012252,639101.102.57$9,310
Jan 2012243,16598.092.73$11,008
Dec 2011183,38296.873.24$12,700
Nov 201103,56395.723.31$11,798
Oct 201102,85584.983.65$10,417
Sep 201103,12683.623.99$12,460
Aug 201103,81583.404.15$15,830
Jul 201103,86294.144.52$17,446
Jun 201103,51192.904.64$16,291
May 201102,34098.134.40$10,307
Apr 201103,863105.964.33$16,739
Mar 201102,72796.364.06$11,064
Feb 201101,04285.644.18$4,356
Jan 201103,62186.504.59$16,616
Dec 201016,61185.734.35$28,829
Nov 2010322,05280.843.80$10,375
Oct 2010672,80978.103.51$15,089
Sep 2010712,65572.633.98$15,722
Aug 2010742,89473.684.42$18,242
Jul 2010683,43972.554.74$21,222
Jun 2010693,95870.364.91$24,290
May 2010634,22071.124.24$22,353
Apr 2010193,97681.694.12$17,944
Mar 2010223,48778.394.39$17,028
Feb 2010173,59273.585.44$20,800
Jan 2010203,50674.365.96$22,397
Dec 2009184,10771.445.48$23,808
Nov 2009204,03374.593.75$16,622
Oct 2009304,28172.544.11$19,772
Sep 2009244,93365.543.06$16,691
Aug 2009265,82867.423.22$20,510
Jul 2009275,10361.133.46$19,330
Jun 2009424,78866.163.90$21,428
May 2009625,59754.743.93$25,366
Apr 2009715,56746.773.59$23,292
Mar 2009685,34042.144.06$24,541
Feb 2009625,56932.814.63$27,835
Jan 2009736,38835.865.37$36,928
Dec 2008526,15337.105.98$38,707
Nov 2008507,01555.496.86$50,900
Oct 2008786,96275.246.92$54,060
Sep 2008696,272101.767.88$56,427
Aug 2008767,429114.228.48$71,701
Jul 2008917,861131.0811.39$101,461
Jun 2008807,649131.3313.03$110,193
May 20081049,064123.1711.57$117,719
Apr 2008388,049110.3110.45$88,343
Mar 20081206,539101.909.66$75,421
Feb 2008987,30992.538.77$73,172
Jan 20081206,06190.388.21$60,581
Dec 200708,15988.337.30$59,577
Nov 200708,01991.677.29$58,472
Oct 200709,87382.856.92$68,341
Sep 2007010,78875.846.24$67,362
Aug 2007011,61369.066.39$74,183
Jul 2007015,58470.906.39$99,550
Jun 2007020,68662.007.55$156,147
May 200707,16758.747.85$56,234

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                  155 Mcf  × $  3.05 =       $472

────────────────────────────────────────────────────
Month total                                     $472

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/232887 is the state's own key, not one this site invented.