HOT LIPS UNIT

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

Gas lease lease 208608District 09Field 65280200CondensateGasSaveExport
Value, all time
$8.9 M
Mar 2005 – May 2026
Value, last 12 filed months
$125 k
at the published price for each month
Months reported
255
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 21,881 leases and 22,468 wells, and the rule below applies to all of them.

Discovered
1981-10-15
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 2009-09-29.

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

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
CondensateDisposition1,868 bbl$131,753
GasProduction1,579,788 Mcf$8,814,811
Total$8,946,564

Every month this lease reported (255)

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

255 months

May 202602,541106.413.05$7,739
Apr 202632,16498.932.87$6,507
Mar 202602,38089.753.15$7,496
Feb 202602,30063.503.75$8,626
Jan 202602,14459.138.00$17,148
Dec 202502,47056.664.41$10,901
Nov 202502,51858.593.93$9,887
Oct 202502,62459.383.30$8,672
Sep 202502,30862.743.08$7,102
Aug 202502,56663.933.01$7,736
Jul 202507,61766.743.32$25,252
Jun 202502,65366.483.13$8,300
May 202502,64060.553.23$8,533
Apr 202552,71162.363.54$9,917
Mar 202502,72367.704.27$11,623
Feb 202542,39370.884.34$10,671
Jan 202542,90074.324.28$12,705
Dec 202432,99468.993.12$9,552
Nov 202406,24669.052.20$13,731
Oct 202402,95371.372.28$6,737
Sep 202432,93669.612.36$7,151
Aug 202402,79375.632.06$5,764
Jul 202443,03579.932.15$6,835
Jun 2024313,07078.082.63$10,507
May 202443,30278.812.20$7,574
Apr 202432,91584.451.66$5,090
Mar 202433,06980.301.55$4,983
Feb 202472,94576.091.78$5,785
Jan 2024623,21173.023.30$15,116
Dec 202333,20371.262.61$8,576
Nov 202303,03077.892.81$8,507
Oct 2023353,10285.443.09$12,567
Sep 202332,82089.042.74$7,980
Aug 202302,67180.522.67$7,139
Jul 202302,81474.852.64$7,434
Jun 202303,36368.962.26$7,595
May 20231549370.622.23$2,157
Apr 202333,96978.122.24$9,116
Mar 2023125,32872.852.39$13,625
Feb 202389,47375.112.47$23,958
Jan 202333,39676.533.39$11,734
Dec 202243,32576.415.73$19,355
Nov 202202,91385.005.65$16,447
Oct 202243,23387.185.86$19,306
Sep 202212,99384.888.16$24,519
Aug 202204,40494.529.13$40,196
Jul 202224,493101.587.54$34,090
Jun 202244,372115.097.98$35,337
May 202265,313109.378.43$45,461
Apr 202254,690104.226.84$32,589
Mar 202203,534108.885.08$17,940
Feb 202203,48791.054.86$16,943
Jan 202203,42781.844.54$15,551
Dec 202103,82871.323.90$14,926
Nov 202103,98577.435.24$20,869
Oct 202104,19879.795.71$23,987
Sep 202103,68269.865.35$19,702
Aug 202103,26266.024.22$13,768
Jul 2021472,92670.783.98$14,978
Jun 202102,73769.493.38$9,253
May 202102,84163.483.02$8,573
Apr 202102,80660.362.76$7,740
Mar 202102,94361.302.72$7,996
Feb 202103,30757.805.55$18,347
Jan 202103,68650.412.81$10,359
Dec 202003,69744.642.68$9,891
Nov 202003,35038.772.71$9,067
Oct 202003,09136.972.48$7,661
Sep 202003,57537.091.99$7,118
Aug 202003,62339.982.39$8,641
Jul 202003,38238.371.83$6,173
Jun 202003,90034.901.69$6,592
May 202003,12016.921.81$5,662
Apr 202002,70114.751.80$4,874
Mar 202003,28730.341.86$6,101
Feb 202003,11249.881.98$6,164
Jan 202003,36857.252.09$7,055
Dec 201903,31559.012.30$7,639
Nov 201903,25755.302.75$8,959
Oct 201903,49853.472.42$8,460
Sep 201903,51355.052.66$9,335
Aug 201903,74953.112.30$8,639
Jul 201903,45656.272.46$8,502
Jun 201903,68452.782.49$9,178
May 201903,60558.482.74$9,879
Apr 201903,30262.632.75$9,083
Mar 201903,64556.803.06$11,161
Feb 201903,18550.852.79$8,893
Jan 201903,33946.033.23$10,779
Dec 201803,82446.594.19$16,005
Nov 201803,87852.934.24$16,432
Oct 201803,33161.443.40$11,319
Sep 201803,38559.543.11$10,521
Aug 201803,53459.403.07$10,837
Jul 201803,46965.142.93$10,171
Jun 201803,22660.183.08$9,926
May 201803,27365.382.90$9,494
Apr 201803,22363.842.90$9,349
Mar 201803,48861.222.79$9,721
Feb 201803,20461.782.77$8,863
Jan 201803,59962.874.01$14,430
Dec 201703,65057.272.92$10,664
Nov 201703,62655.423.12$11,307
Oct 201703,80949.292.98$11,365
Sep 201703,74947.523.09$11,574
Aug 201703,77845.373.00$11,351
Jul 201703,85743.873.09$11,908
Jun 201703,81942.493.09$11,790
May 201704,00745.373.26$13,076
Apr 201703,99247.933.21$12,821
Mar 201703,86546.772.98$11,532
Feb 201703,80750.452.95$11,241
Jan 2017264,11949.413.42$15,367
Dec 201604,11948.763.72$15,334
Nov 201603,97142.492.64$10,501
Oct 201603,92346.193.09$12,123
Sep 201603,54041.553.10$10,976
Aug 2016045441.442.92$1,328
Jul 201601,60941.622.92$4,705
Jun 201601,38345.352.69$3,715
May 2016025442.521.99$506
Apr 20160036.561.99$0
Mar 201607033.011.79$126
Feb 20160026.472.06$0
Jan 20160027.352.36$0
Dec 20150032.362.00$0
Nov 20150038.792.17$0
Oct 20150043.552.43$0
Sep 20150042.992.76$0
Aug 20150040.162.87$0
Jul 20150048.152.95$0
Jun 20150056.152.88$0
May 20150055.212.96$0
Apr 20150249.822.71$5
Mar 2015057242.892.93$1,679
Feb 201503,91544.662.98$11,652
Jan 201503,14843.433.10$9,761
Dec 2014192,93554.693.59$11,580
Nov 201403,56270.464.25$15,145
Oct 201403,35178.303.90$13,072
Sep 201402,96686.164.05$11,999
Aug 201403,04189.394.04$12,271
Jul 201403,19396.564.18$13,345
Jun 201403,32698.164.74$15,755
May 201403,67094.734.73$17,346
Apr 201403,89495.944.81$18,727
Mar 201402,15595.895.06$10,897
Feb 201402,78897.406.19$17,263
Jan 201405,19090.404.86$25,227
Dec 201304,82491.824.35$21,006
Nov 2013262,78388.853.74$12,714
Oct 201302,92797.423.78$11,062
Sep 201300104.113.72$0
Aug 201304104.253.52$14
Jul 201300102.523.72$0
Jun 201302,83294.403.93$11,139
May 201304,16794.834.15$17,289
Apr 201304,42193.964.28$18,933
Mar 201315,68193.623.91$22,323
Feb 201304,66291.233.42$15,944
Jan 201315,02991.603.42$17,290
Dec 201205,05386.773.42$17,282
Nov 201205,09486.953.62$18,466
Oct 201205,54189.383.40$18,838
Sep 201235,49394.672.92$16,315
Aug 201205,87592.662.91$17,085
Jul 201205,72385.133.02$17,288
Jun 201215,93379.822.52$15,025
May 201216,18091.612.49$15,469
Apr 201216,102101.652.00$12,286
Mar 201206,614105.052.22$14,697
Feb 201215,281101.102.57$13,675
Jan 2012426,47898.092.73$21,831
Dec 201116,68896.873.24$21,764
Nov 201106,52695.723.31$21,609
Oct 201107,16584.983.65$26,142
Sep 201107,31683.623.99$29,160
Aug 201108,79683.404.15$36,497
Jul 201109,83294.144.52$44,414
Jun 201109,93292.904.64$46,083
May 2011010,77498.134.40$47,458
Apr 2011010,770105.964.33$46,669
Mar 2011010,64496.364.06$43,186
Feb 2011010,68485.644.18$44,659
Jan 2011011,88686.504.59$54,542
Dec 2010011,68085.734.35$50,782
Nov 2010010,89280.843.80$41,339
Oct 2010211,73678.103.51$41,337
Sep 2010402,45072.633.98$12,655
Aug 201008,66073.684.42$38,272
Jul 201009,45672.554.74$44,788
Jun 201008,43470.364.91$41,414
May 201007,17571.124.24$30,388
Apr 201009,37181.694.12$38,634
Mar 201008,59178.394.39$37,703
Feb 201007,88973.585.44$42,935
Jan 201009,20974.365.96$54,923
Dec 200908,88771.445.48$48,734
Nov 200909,26774.593.75$34,765
Oct 200908,63972.544.11$35,508
Sep 200908,28865.543.06$25,401
Aug 200928,92567.423.22$28,860
Jul 2009010,13661.133.46$35,116
Jun 200919,75766.163.90$38,070
May 2009410,53254.743.93$41,565
Apr 2009011,83646.773.59$42,462
Mar 2009017,64642.144.06$71,625
Feb 2009111,37332.814.63$52,724
Jan 20095712,09635.865.37$67,012
Dec 2008211,93437.105.98$71,405
Nov 2008211,06755.496.86$76,035
Oct 20081111,21975.246.92$78,485
Sep 2008810,592101.767.88$84,248
Aug 20084815,542114.228.48$137,326
Jul 2008011,848131.0811.39$134,942
Jun 20089213,101131.3313.03$182,823
May 200800123.1711.57$0
Apr 200800110.3110.45$0
Mar 200800101.909.66$0
Feb 2008043392.538.77$3,798
Jan 2008010,34390.388.21$84,872
Dec 20072416,61088.337.30$123,406
Nov 20071486,85991.677.29$63,581
Oct 2007015,93182.856.92$110,274
Sep 2007012,89775.846.24$80,531
Aug 2007018,07269.066.39$115,443
Jul 2007017,09770.906.39$109,215
Jun 2007012,77562.007.55$96,431
May 200709,61258.747.85$75,418
Apr 20071698,92059.617.81$79,696
Mar 2007010,81056.927.30$78,934
Feb 2007010,32655.108.22$84,838
Jan 2007011,93050.306.73$80,251
Dec 2006012,82356.656.92$88,715
Nov 2006012,93154.207.62$98,502
Oct 2006012,32954.906.01$74,144
Sep 2006013,19060.085.04$66,441
Aug 2006023,65968.717.34$173,655
Jul 20067215,48369.376.34$103,200
Jun 200614022,83466.286.38$155,049
May 2006014,98566.016.42$96,279
Apr 2006014,74364.397.36$108,516
Mar 200617516,34456.707.08$125,686
Feb 2006014,69857.597.75$113,926
Jan 2006016,94760.598.93$151,393
Dec 2005017,44954.9413.42$234,085
Nov 200515817,93654.6910.59$198,555
Oct 2005019,92358.3413.80$274,853
Sep 2005020,86861.4512.08$252,065
Aug 200515023,27561.519.80$237,248
Jul 2005025,47355.697.84$199,801
Jun 2005028,81052.337.38$212,648
May 200514823,00145.226.65$159,676
Apr 2005035,79849.207.36$263,490
Mar 2005024,27150.377.15$173,656

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                2,541 Mcf  × $  3.05 =     $7,739

────────────────────────────────────────────────────
Month total                                   $7,739

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. 09/G/208608 is the state's own key, not one this site invented.