HOPE GAS UNIT

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

Gas lease lease 267928District 06Field 985630832 tax incentive programmesCondensateGasSaveExport
Value, all time
$6.5 M
Oct 2012 – May 2026
Value, last 12 filed months
$203 k
at the published price for each month
Months reported
164
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 368 leases and 368 wells, and the rule below applies to all of them.

Discovered
1965-01-10
as the register files it
Field class
Oil and gas
the register's own label
Between wells
0 ft
minimum
From a lease line
330 ft
minimum

A drilling unit in this field needs at least 20 acres. The field rule took effect on 2010-11-02.

The Commission's schedule remark for this field reads: FIELD. EFFECTIVE 4/12/16.

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 Gas112013-06-27209434
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
CondensateDisposition9,773 bbl$613,242
GasProduction1,724,756 Mcf$5,882,075
Total$6,495,316

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 32.5949, -94.1903. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.59489, -94.19033 · 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
9,739 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 9,739 ft.

Completions filed
Oct 2012
1 of 1 wells

1 well

42-203351251H9,739 ftOct 2012

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 (164)

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

164 months

May 2026463,361106.413.05$15,132
Apr 2026883,82998.932.87$19,694
Mar 2026264,12289.753.15$15,315
Feb 2026364,13563.503.75$17,794
Jan 2026134,67659.138.00$38,167
Dec 2025283,99356.664.41$19,209
Nov 2025194,29958.593.93$17,993
Oct 2025194,22459.383.30$15,088
Sep 2025193,31462.743.08$11,389
Aug 2025174,91263.933.01$15,895
Jul 202564,48266.743.32$15,259
Jun 20251830966.483.13$2,163
May 2025216,41360.553.23$22,000
Apr 2025384,80862.363.54$19,405
Mar 20251235,53667.704.27$31,957
Feb 2025474,94870.884.34$24,810
Jan 2025545,43074.324.28$27,247
Dec 2024993,24168.993.12$16,946
Nov 2024373,33769.052.20$9,891
Oct 2024773,75171.372.28$14,053
Sep 2024804,10169.612.36$15,265
Aug 2024424,31675.632.06$12,083
Jul 2024803,56179.932.15$14,038
Jun 2024784,25878.082.63$17,306
May 2024414,20078.812.20$12,465
Apr 2024872,86284.451.66$12,096
Mar 2024912,78480.301.55$11,609
Feb 20241762,26076.091.78$17,423
Jan 2024883,27173.023.30$17,212
Dec 202302,19171.262.61$5,720
Nov 2023913,69877.892.81$17,470
Oct 2023923,83885.443.09$19,709
Sep 2023853,58989.042.74$17,384
Aug 2023873,31480.522.67$15,863
Jul 2023973,71874.852.64$17,083
Jun 20231393,39068.962.26$17,242
May 2023923,33270.622.23$13,919
Apr 20231283,49478.122.24$17,818
Mar 20232303,52872.852.39$25,199
Feb 2023783,01575.112.47$13,293
Jan 20231153,65676.533.39$21,186
Dec 20221162,72976.415.73$24,498
Nov 2022782,75185.005.65$22,163
Oct 20221182,95287.185.86$27,597
Sep 2022783,07184.888.16$31,691
Aug 20221162,98694.529.13$38,218
Jul 2022812,912101.587.54$30,191
Jun 2022912,027115.097.98$26,643
May 2022341,613109.378.43$17,321
Apr 2022281,966104.226.84$16,361
Mar 2022673,235108.885.08$23,717
Feb 2022141891.054.86$1,362
Jan 20223264681.844.54$5,550
Dec 20214237371.323.90$4,450
Nov 20212996377.435.24$7,289
Oct 2021571,56979.795.71$13,513
Sep 2021492,12469.865.35$14,788
Aug 2021312,49966.024.22$12,594
Jul 2021493,66870.783.98$18,074
Jun 2021553,58769.493.38$15,948
May 2021403,65763.483.02$13,575
Apr 2021463,66960.362.76$12,897
Mar 2021564,30661.302.72$15,132
Feb 2021574,70657.805.55$29,403
Jan 2021536,31950.412.81$20,430
Dec 2020755,41744.642.68$17,841
Nov 2020574,78338.772.71$15,155
Oct 2020386,21836.972.48$16,816
Sep 2020566,61437.091.99$15,246
Aug 2020557,62139.982.39$20,376
Jul 2020556,82438.371.83$14,565
Jun 2020886,78734.901.69$14,543
May 2020358,72416.921.81$16,424
Apr 2020536,83314.751.80$13,111
Mar 2020806,64930.341.86$14,769
Feb 2020565,64549.881.98$13,974
Jan 2020616,10457.252.09$16,279
Dec 2019932,52659.012.30$11,309
Nov 2019502,70255.302.75$10,197
Oct 2019904,25853.472.42$15,110
Sep 2019635,38855.052.66$17,786
Aug 2019635,97753.112.30$17,119
Jul 2019757,89856.272.46$23,650
Jun 2019858,68852.782.49$26,130
May 2019928,43958.482.74$28,506
Apr 2019788,50862.632.75$28,288
Mar 20191308,14856.803.06$32,334
Feb 2019796,72850.852.79$22,803
Jan 20191086,97046.033.23$27,472
Dec 2018786,72146.594.19$31,764
Nov 20181026,60452.934.24$33,382
Oct 20181286,63361.443.40$30,404
Sep 20181047,00259.543.11$27,954
Aug 2018996,62659.403.07$26,200
Jul 20181017,43765.142.93$28,384
Jun 20181356,56960.183.08$28,337
May 20181634,49865.382.90$23,705
Apr 20181083,14763.842.90$16,024
Mar 20182283,02461.222.79$22,386
Feb 20181093,32861.782.77$15,940
Jan 20181274,07562.874.01$24,322
Dec 20171314,18657.272.92$19,732
Nov 20171535,33755.423.12$25,122
Oct 20171396,11749.292.98$25,102
Sep 20171286,75947.523.09$26,949
Aug 20171347,65545.373.00$29,078
Jul 201716613,29443.873.09$48,325
Jun 201714613,40542.493.09$47,589
May 201713812,80745.373.26$48,055
Apr 201713411,28047.933.21$42,649
Mar 20171739,45546.772.98$36,302
Feb 2017958,44050.452.95$29,713
Jan 20171408,97949.413.42$37,615
Dec 20161527,70648.763.72$36,100
Nov 20161447,53242.492.64$26,036
Oct 20162128,67246.193.09$36,591
Sep 20161469,01541.553.10$34,018
Aug 201607,58441.442.92$22,178
Jul 2016019,12341.622.92$55,922
Jun 2016022,89945.352.69$61,503
May 2016023,56842.521.99$46,925
Apr 2016023,61636.561.99$47,020
Mar 2016024,31733.011.79$43,625
Feb 2016036,67526.472.06$75,684
Jan 2016023,91227.352.36$56,537
Dec 2015023,91032.362.00$47,854
Nov 2015024,03438.792.17$52,090
Oct 2015025,30143.552.43$61,395
Sep 2015024,75542.992.76$68,285
Aug 2015023,12940.162.87$66,438
Jul 2015026,95948.152.95$79,396
Jun 2015026,70956.152.88$76,998
May 2015027,95155.212.96$82,608
Apr 2015025,40249.822.71$68,752
Mar 2015026,95042.892.93$79,090
Feb 2015026,63144.662.98$79,259
Jan 2015031,02543.433.10$96,197
Dec 2014029,53654.693.59$106,074
Nov 2014032,08670.464.25$136,425
Oct 201409,97878.303.90$38,924
Sep 2014031,63886.164.05$127,990
Aug 2014034,51089.394.04$139,252
Jul 2014035,89296.564.18$150,014
Jun 2014035,36098.164.74$167,496
May 2014034,94694.734.73$165,174
Apr 2014029,82195.944.81$143,413
Mar 2014033,28095.895.06$168,290
Feb 2014030,07397.406.19$186,212
Jan 2014033,19990.404.86$161,371
Dec 2013024,24891.824.35$105,587
Nov 2013024,32288.853.74$90,922
Oct 2013026,13997.423.78$98,789
Sep 2013027,208104.113.72$101,152
Aug 2013038,209104.253.52$134,595
Jul 2013039,000102.523.72$144,992
Jun 2013032,89594.403.93$129,390
May 2013032,21694.834.15$133,667
Apr 2013027,52993.964.28$117,895
Mar 201304,25793.623.91$16,657
Feb 20130091.233.42$0
Jan 20130091.603.42$0
Dec 201202,27786.773.42$7,788
Nov 20120086.953.62$0
Oct 201201,09389.383.40$3,716

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            46 bbl  × $106.41 =     $4,895
Gas                3,361 Mcf  × $  3.05 =    $10,237

────────────────────────────────────────────────────
Month total                                  $15,132

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/267928 is the state's own key, not one this site invented.