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NE OVERTON UNIT

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

Gas lease lease 278734District 06Field 678491502 tax incentive programmesCondensateGasSaveExport
Value, all time
$4.2 M
Aug 2015 – May 2026
Value, last 12 filed months
$147 k
at the published price for each month
Months reported
130
no gaps in the span
Streams
2
condensate, gas

The OVERTON (COTTON VALLEY SAND) field

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 702 leases and 702 wells, and the rule below applies to all of them.

Discovered
1977-02-23
as the register files it
Field class
Oil and 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 2014-03-25.

The Commission's schedule remark for this field reads: “DESIGNATED AS UFT FIELD PER DOCKET 01-0299858”

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 Gas112016-03-24218393
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
CondensateDisposition2,378 bbl$125,604
GasProduction1,406,046 Mcf$4,105,411
Total$4,231,015

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 32.2356, -95.0962. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.23559, -95.09622 · 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
11,780 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 11,780 ft.

Completions filed
Oct 2021
1 of 1 wells

1 well

42-423323703H11,780 ftOct 2021——

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 (130)

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

130 months

May 2026143,188106.413.05$11,200
Apr 2026293,22198.932.87$12,112
Mar 2026313,08989.753.15$12,511
Feb 2026102,65063.503.75$10,573
Jan 2026102,61659.138.00$21,514
Dec 2025273,19856.664.41$15,644
Nov 2025123,66658.593.93$15,097
Oct 2025134,13259.383.30$14,428
Sep 202504,34062.743.08$13,354
Aug 202554,26663.933.01$13,181
Jul 202501,85866.743.32$6,160
Jun 2025026266.483.13$820
May 2025021060.553.23$679
Apr 2025022162.363.54$783
Mar 2025049867.704.27$2,126
Feb 2025098770.884.34$4,284
Jan 2025057974.324.28$2,477
Dec 202401,52668.993.12$4,763
Nov 202402,24369.052.20$4,931
Oct 202401,47871.372.28$3,372
Sep 2024029769.612.36$702
Aug 2024047475.632.06$978
Jul 20241691,15679.932.15$15,990
Jun 2024063278.082.63$1,665
May 2024088378.812.20$1,941
Apr 202404,10784.451.66$6,814
Mar 202424,27580.301.55$6,766
Feb 202403,84176.091.78$6,851
Jan 202403,88473.023.30$12,808
Dec 202303,96071.262.61$10,338
Nov 202303,59577.892.81$10,093
Oct 202302,98785.443.09$9,222
Sep 202303,22089.042.74$8,807
Aug 202303,56480.522.67$9,526
Jul 202304,01174.852.64$10,596
Jun 202304,41568.962.26$9,971
May 202302,66370.622.23$5,932
Apr 202304,40378.122.24$9,853
Mar 202304,34272.852.39$10,391
Feb 202303,79675.112.47$9,360
Jan 202304,31176.533.39$14,604
Dec 202203,93776.415.73$22,555
Nov 202203,74685.005.65$21,151
Oct 202204,35487.185.86$25,531
Sep 20221924,23384.888.16$50,854
Aug 202204,46294.529.13$40,725
Jul 202204,309101.587.54$32,499
Jun 202203,858115.097.98$30,776
May 202204,332109.378.43$36,532
Apr 202204,672104.226.84$31,945
Mar 202204,095108.885.08$20,788
Feb 202204,38491.054.86$21,301
Jan 202205,48181.844.54$24,871
Dec 202103,33271.323.90$12,992
Nov 202102,09477.435.24$10,966
Oct 202103,90079.795.71$22,284
Sep 202105,69869.865.35$30,490
Aug 202105,83866.024.22$24,640
Jul 202106,14370.783.98$24,462
Jun 202105,90169.493.38$19,949
May 202105,50763.483.02$16,618
Apr 202106,04760.362.76$16,680
Mar 202106,54061.302.72$17,769
Feb 202106,38557.805.55$35,424
Jan 202106,34950.412.81$17,842
Dec 202006,17444.642.68$16,518
Nov 20201906,51438.772.71$24,997
Oct 202006,73136.972.48$16,682
Sep 202006,22937.091.99$12,402
Aug 202006,64039.982.39$15,837
Jul 202007,37438.371.83$13,458
Jun 202007,31334.901.69$12,361
May 202007,56516.921.81$13,729
Apr 202007,45814.751.80$13,457
Mar 202007,84430.341.86$14,560
Feb 202007,26049.881.98$14,380
Jan 202008,53957.252.09$17,887
Dec 201908,26259.012.30$19,039
Nov 201907,66855.302.75$21,092
Oct 201907,69953.472.42$18,620
Sep 201908,21455.052.66$21,827
Aug 201908,00453.112.30$18,444
Jul 201907,94756.272.46$19,550
Jun 201908,22952.782.49$20,500
May 20191809,06758.482.74$35,373
Apr 201909,17462.632.75$25,235
Mar 201909,80056.803.06$30,009
Feb 201908,93950.852.79$24,960
Jan 201909,68746.033.23$31,271
Dec 2018010,10846.594.19$42,306
Nov 2018010,38252.934.24$43,991
Oct 2018012,19161.443.40$41,426
Sep 2018012,71059.543.11$39,503
Aug 2018013,29459.403.07$40,767
Jul 201818013,11065.142.93$50,162
Jun 2018013,06260.183.08$40,191
May 2018013,37865.382.90$38,807
Apr 2018012,81563.842.90$37,174
Mar 2018013,48361.222.79$37,575
Feb 2018012,87361.782.77$35,608
Jan 2018013,59862.874.01$54,519
Dec 2017013,82457.272.92$40,387
Nov 2017014,89255.423.12$46,439
Oct 2017015,31949.292.98$45,707
Sep 201718315,24947.523.09$55,774
Aug 2017013,65445.373.00$41,022
Jul 2017017,05043.873.09$52,638
Jun 2017016,06042.493.09$49,582
May 2017016,89145.373.26$55,122
Apr 2017017,33747.933.21$55,680
Mar 201718417,82846.772.98$61,799
Feb 2017016,72550.452.95$49,382
Jan 2017020,09149.413.42$68,687
Dec 2016021,57748.763.72$80,328
Nov 2016021,51242.492.64$56,885
Oct 201619023,41346.193.09$81,128
Sep 2016022,91641.553.10$71,054
Aug 2016023,49741.442.92$68,713
Jul 2016027,10641.622.92$79,267
Jun 201618527,06445.352.69$81,079
May 2016031,85142.521.99$63,417
Apr 2016031,96536.561.99$63,644
Mar 201618929,70233.011.79$59,525
Feb 2016031,62926.472.06$65,271
Jan 2016034,08127.352.36$80,580
Dec 201519240,72632.362.00$87,723
Nov 201519147,03738.792.17$109,354
Oct 2015060,40543.552.43$146,578
Sep 2015077,28042.992.76$213,171
Aug 2015095,38940.162.87$274,004

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            14 bbl  × $106.41 =     $1,490
Gas                3,188 Mcf  × $  3.05 =     $9,710

────────────────────────────────────────────────────
Month total                                  $11,200

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/278734 is the state's own key, not one this site invented.