NEW HOPE DEEP UNIT

Operated by J.P. OIL COMPANY, INC. (P-5 427858) in the NEW HOPE (COTTON VALLEY) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 246848District 06Field 65157250CondensateGasSave
Value, all time
$2.9 M
Nov 2008 – May 2026
Value, last 12 filed months
$73 k
at the published price for each month
Months reported
211
no gaps in the span
Streams
2
condensate, gas

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
CondensateDisposition25,628 bbl$1,681,043
GasProduction312,967 Mcf$1,207,926
Total$2,888,970

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 33.0327, -95.2017. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

33.03268, -95.20174 · 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
10,400 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 10,400 ft.

Completions filed
Nov 2008
1 of 1 wells

1 well

42-1593053975D10,400 ftNov 2008

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 (211)

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

211 months

May 2026136976106.413.05$17,445
Apr 20269574998.932.87$11,548
Mar 20268876389.753.15$10,301
Feb 20267813863.503.75$5,471
Jan 2026029459.138.00$2,351
Dec 20259440856.664.41$7,127
Nov 20259464558.593.93$8,040
Oct 2025023259.383.30$767
Sep 20254642162.743.08$4,181
Aug 20254635763.933.01$4,017
Jul 2025021666.743.32$716
Jun 2025024466.483.13$763
May 202509160.553.23$294
Apr 20254650362.363.54$4,651
Mar 202514261767.704.27$12,247
Feb 20259657670.884.34$9,305
Jan 202509174.324.28$389
Dec 20249152668.993.12$7,920
Nov 202413856069.052.20$10,760
Oct 20249559771.372.28$8,142
Sep 20249748369.612.36$7,894
Aug 20249457775.632.06$8,300
Jul 20249554579.932.15$8,763
Jun 20244444878.082.63$4,616
May 202410750378.812.20$9,538
Apr 20243231184.451.66$3,218
Mar 20245950580.301.55$5,518
Feb 20244937776.091.78$4,401
Jan 20243422873.023.30$3,235
Dec 2023027371.262.61$713
Nov 2023010577.892.81$295
Oct 2023012485.443.09$383
Sep 20230089.042.74$0
Aug 20230080.522.67$0
Jul 20230074.852.64$0
Jun 202312146068.962.26$9,383
May 20236641070.622.23$5,574
Apr 202318353278.122.24$15,486
Mar 20239569472.852.39$8,582
Feb 20238862675.112.47$8,153
Jan 20233961776.533.39$5,075
Dec 20223838876.415.73$5,126
Nov 20227728585.005.65$8,154
Oct 20229767687.185.86$12,420
Sep 202214495784.888.16$20,035
Aug 202210666494.529.13$16,080
Jul 20220378101.587.54$2,851
Jun 202285484115.097.98$13,644
May 202273504109.378.43$12,234
Apr 202281486104.226.84$11,765
Mar 202243210108.885.08$5,748
Feb 20224025791.054.86$4,891
Jan 20223563981.844.54$5,764
Dec 202112137571.323.90$10,092
Nov 20219680777.435.24$11,659
Oct 202117342679.795.71$16,238
Sep 202112783369.865.35$13,330
Aug 20212051,79066.024.22$21,089
Jul 2021921,01870.783.98$10,566
Jun 20217727469.493.38$6,277
May 202111831563.483.02$8,441
Apr 20217169160.362.76$6,192
Mar 20213231861.302.72$2,826
Feb 20213731257.805.55$3,870
Jan 20213234550.412.81$2,583
Dec 20207790644.642.68$5,861
Nov 20207759738.772.71$4,601
Oct 20203632036.972.48$2,124
Sep 202012362437.091.99$5,804
Aug 202013864439.982.39$7,053
Jul 20208066838.371.83$4,289
Jun 202011762934.901.69$5,147
May 20202241,13316.921.81$5,846
Apr 20201181,05514.751.80$3,644
Mar 20201751,18930.341.86$7,517
Feb 20201611,10449.881.98$10,217
Jan 2020991,42457.252.09$8,651
Dec 20191671,37959.012.30$13,032
Nov 20191271,16655.302.75$10,230
Oct 2019791,22953.472.42$7,197
Sep 20199687955.052.66$7,621
Aug 20191721,31153.112.30$12,156
Jul 20191101,52756.272.46$9,946
Jun 20191651,31152.782.49$11,975
May 20191561,50858.482.74$13,255
Apr 20192241,47862.632.75$18,095
Mar 20191271,40156.803.06$11,504
Feb 20191191,04050.852.79$8,955
Jan 20191151,66746.033.23$10,675
Dec 20181072,06646.594.19$13,632
Nov 2018681,30852.934.24$9,142
Oct 20181181,88661.443.40$13,659
Sep 20185286159.543.11$5,772
Aug 2018992,14359.403.07$12,452
Jul 20188676565.142.93$7,845
Jun 201810673460.183.08$8,638
May 2018981,01165.382.90$9,340
Apr 201812382863.842.90$10,254
Mar 201813289661.222.79$10,578
Feb 201813755261.782.77$9,991
Jan 20185596662.874.01$7,331
Dec 20179896357.272.92$8,426
Nov 20171101,21455.423.12$9,882
Oct 2017981,51849.292.98$9,360
Sep 20178777947.523.09$6,539
Aug 20171161,08145.373.00$8,511
Jul 2017691,19443.873.09$6,713
Jun 20171141,05042.493.09$8,086
May 201710182945.373.26$7,288
Apr 2017851,02847.933.21$7,376
Mar 20178294046.772.98$6,640
Feb 20177185750.452.95$6,112
Jan 20171141,07549.413.42$9,308
Dec 20166185048.763.72$6,139
Nov 20165777842.492.64$4,479
Oct 20165881046.193.09$5,182
Sep 20167998541.553.10$6,337
Aug 2016911,17241.442.92$7,198
Jul 2016771,31641.622.92$7,053
Jun 2016791,15845.352.69$6,693
May 2016951,26742.521.99$6,562
Apr 2016831,21836.561.99$5,460
Mar 2016991,03233.011.79$5,119
Feb 20161331,51226.472.06$6,641
Jan 2016871,47927.352.36$5,876
Dec 201513792932.362.00$6,293
Nov 20155171138.792.17$3,519
Oct 20151321,07043.552.43$8,345
Sep 20151321,21642.992.76$9,029
Aug 20151351,36240.162.87$9,334
Jul 20151091,34648.152.95$9,212
Jun 2015691,18256.152.88$7,282
May 20158394855.212.96$7,384
Apr 20157984749.822.71$6,228
Mar 2015841,08642.892.93$6,790
Feb 2015791,18344.662.98$7,049
Jan 20157858343.433.10$5,195
Dec 20141231,09254.693.59$10,649
Nov 2014651,58070.464.25$11,298
Oct 2014772,32278.303.90$15,087
Sep 2014521,81686.164.05$11,827
Aug 2014401,41589.394.04$9,285
Jul 2014672,33596.564.18$16,229
Jun 2014602,35098.164.74$17,021
May 2014501,74594.734.73$12,984
Apr 2014662,14995.944.81$16,667
Mar 2014762,37795.895.06$19,308
Feb 2014421,91197.406.19$15,924
Jan 20148992390.404.86$12,532
Dec 2013601,01191.824.35$9,912
Nov 20137885488.853.74$10,123
Oct 20136492797.423.78$9,738
Sep 2013601,004104.113.72$9,979
Aug 2013391,007104.253.52$7,613
Jul 2013181,152102.523.72$6,128
Jun 2013281,78294.403.93$9,653
May 2013731,60394.834.15$13,574
Apr 20131571,74893.964.28$22,238
Mar 20131541,84993.623.91$21,652
Feb 2013931,13391.233.42$12,359
Jan 20131251,18191.603.42$15,489
Dec 201214196686.773.42$15,538
Nov 20121381,29286.953.62$16,683
Oct 20121531,42389.383.40$18,513
Sep 20121671,57694.672.92$20,409
Aug 20121521,95692.662.91$19,773
Jul 20125037185.133.02$5,377
Jun 20121841,62279.822.52$18,773
May 20122152,12491.612.49$24,981
Apr 20121601,730101.652.00$19,718
Mar 20122071,897105.052.22$25,961
Feb 20121781,906101.102.57$22,895
Jan 20122382,13798.092.73$29,188
Dec 20111741,19996.873.24$20,740
Nov 2011731,00295.723.31$10,305
Oct 20113071,62884.983.65$32,029
Sep 20113184,10983.623.99$42,969
Aug 20110083.404.15$0
Jul 20110094.144.52$0
Jun 20110092.904.64$0
May 201127198.134.40$2,654
Apr 20112833,326105.964.33$44,399
Mar 20110096.364.06$0
Feb 20110085.644.18$0
Jan 20110086.504.59$0
Dec 20100085.734.35$0
Nov 20100080.843.80$0
Oct 20101363,62578.103.51$23,341
Sep 20100072.633.98$0
Aug 201054373.684.42$3,992
Jul 20101491,56772.554.74$18,232
Jun 20102333,85170.364.91$35,304
May 20103563,94771.124.24$42,035
Apr 20103523,43981.694.12$42,933
Mar 20103473,80978.394.39$43,918
Feb 20103523,56273.585.44$45,286
Jan 20103674,73774.365.96$55,542
Dec 20094515,00071.445.48$59,638
Nov 20093595,69374.593.75$48,135
Oct 20094897,00172.544.11$64,248
Sep 20094587,22265.543.06$52,151
Aug 20095025,84367.423.22$52,651
Jul 20094265,69461.133.46$45,768
Jun 20094344,29866.163.90$45,454
May 20095666,31354.743.93$55,766
Apr 20097899,55346.773.59$71,173
Mar 200947711,12342.144.06$65,249
Feb 200945912,44732.814.63$72,727
Jan 20094829,19435.865.37$66,665
Dec 200837418,11337.105.98$122,139
Nov 20083237555.496.86$4,348

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           136 bbl  × $106.41 =    $14,472
Gas                  976 Mcf  × $  3.05 =     $2,973

────────────────────────────────────────────────────
Month total                                  $17,445

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/246848 is the state's own key, not one this site invented.