RED DRAGON 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 218709District 09Field 65280200CondensateGasSaveExport
Value, all time
$5.2 M
May 2006 – May 2026
Value, last 12 filed months
$6 k
at the published price for each month
Months reported
241
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
CondensateDisposition9,434 bbl$703,905
GasProduction868,642 Mcf$4,541,259
Total$5,245,164

Every month this lease reported (241)

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

241 months

May 202600106.413.05$0
Apr 20260098.932.87$0
Mar 20260089.753.15$0
Feb 20260063.503.75$0
Jan 20260059.138.00$0
Dec 20250056.664.41$0
Nov 2025088658.593.93$3,479
Oct 2025072659.383.30$2,399
Sep 202507662.743.08$234
Aug 20250063.933.01$0
Jul 20250066.743.32$0
Jun 20250066.483.13$0
May 2025012660.553.23$407
Apr 2025042662.363.54$1,509
Mar 2025055267.704.27$2,356
Feb 2025045970.884.34$1,992
Jan 2025064874.324.28$2,773
Dec 2024043068.993.12$1,342
Nov 2024016669.052.20$365
Oct 2024044471.372.28$1,013
Sep 2024066369.612.36$1,568
Aug 2024035175.632.06$724
Jul 2024022479.932.15$481
Jun 2024071078.082.63$1,870
May 2024041078.812.20$901
Apr 2024019084.451.66$315
Mar 2024079680.301.55$1,230
Feb 2024051776.091.78$922
Jan 2024013373.023.30$439
Dec 2023043471.262.61$1,133
Nov 2023091377.892.81$2,563
Oct 2023085285.443.09$2,630
Sep 20235056289.042.74$5,989
Aug 20230080.522.67$0
Jul 2023061674.852.64$1,627
Jun 20230068.962.26$0
May 2023027970.622.23$621
Apr 2023058578.122.24$1,309
Mar 2023062372.852.39$1,491
Feb 2023841,90775.112.47$11,011
Jan 2023065876.533.39$2,229
Dec 2022038976.415.73$2,229
Nov 2022054685.005.65$3,083
Oct 2022066187.185.86$3,876
Sep 20228562284.888.16$12,293
Aug 2022064894.529.13$5,914
Jul 20220532101.587.54$4,012
Jun 20220647115.097.98$5,161
May 20220497109.378.43$4,191
Apr 20220990104.226.84$6,769
Mar 20220786108.885.08$3,990
Feb 20226963191.054.86$9,348
Jan 2022062381.844.54$2,827
Dec 2021058171.323.90$2,265
Nov 2021087277.435.24$4,567
Oct 2021091479.795.71$5,222
Sep 2021070269.865.35$3,756
Aug 2021063766.024.22$2,689
Jul 2021069470.783.98$2,764
Jun 2021063869.493.38$2,157
May 2021066063.483.02$1,992
Apr 2021074560.362.76$2,055
Mar 2021089961.302.72$2,443
Feb 2021034057.805.55$1,886
Jan 2021085150.412.81$2,392
Dec 202001,00144.642.68$2,678
Nov 2020301,19538.772.71$4,397
Oct 202001,45836.972.48$3,614
Sep 202001,44337.091.99$2,873
Aug 202001,60039.982.39$3,816
Jul 202001,67738.371.83$3,061
Jun 202001,81434.901.69$3,066
May 202001,82216.921.81$3,306
Apr 202001,72714.751.80$3,116
Mar 202001,64430.341.86$3,052
Feb 202001,45149.881.98$2,874
Jan 2020551,88157.252.09$7,089
Dec 201901,94259.012.30$4,475
Nov 201902,13355.302.75$5,867
Oct 201901,52353.472.42$3,683
Sep 201901,88155.052.66$4,998
Aug 201901,53853.112.30$3,544
Jul 201901,60956.272.46$3,958
Jun 2019641,89352.782.49$8,094
May 201902,01558.482.74$5,522
Apr 201902,14062.632.75$5,887
Mar 201901,95056.803.06$5,971
Feb 201901,68550.852.79$4,705
Jan 201902,41146.033.23$7,783
Dec 201802,46346.594.19$10,309
Nov 201802,35052.934.24$9,958
Oct 2018502,74261.443.40$12,390
Sep 201802,86059.543.11$8,889
Aug 201802,69659.403.07$8,267
Jul 201802,69265.142.93$7,893
Jun 201802,57560.183.08$7,923
May 201802,63965.382.90$7,655
Apr 2018552,32363.842.90$10,250
Mar 201802,53261.222.79$7,056
Feb 201802,31061.782.77$6,390
Jan 201802,53462.874.01$10,160
Dec 201702,59457.272.92$7,578
Nov 201702,75755.423.12$8,597
Oct 201702,95249.292.98$8,808
Sep 2017902,91747.523.09$13,282
Aug 201703,02045.373.00$9,073
Jul 201703,07243.873.09$9,484
Jun 201703,09342.493.09$9,549
May 201702,89545.373.26$9,448
Apr 201702,97547.933.21$9,555
Mar 201703,28046.772.98$9,786
Feb 201703,14550.452.95$9,286
Jan 201702,29549.413.42$7,846
Dec 201601,65648.763.72$6,165
Nov 201601,81142.492.64$4,789
Oct 20160046.193.09$0
Sep 20160041.553.10$0
Aug 201601941.442.92$56
Jul 2016425141.622.92$900
Jun 201602945.352.69$78
May 20160042.521.99$0
Apr 20160036.561.99$0
Mar 20160033.011.79$0
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 2015147040.162.87$5,904
Jul 20150048.152.95$0
Jun 20150356.152.88$9
May 2015892355.212.96$4,982
Apr 20150049.822.71$0
Mar 201517714842.892.93$8,026
Feb 2015069744.662.98$2,074
Jan 201501943.433.10$59
Dec 20140054.693.59$0
Nov 2014029870.464.25$1,267
Oct 201401,45078.303.90$5,656
Sep 201401,22886.164.05$4,968
Aug 201401,32289.394.04$5,334
Jul 201401,88296.564.18$7,866
Jun 201402,09598.164.74$9,924
May 20143132,29794.734.73$40,507
Apr 201402,66795.944.81$12,826
Mar 201402,53895.895.06$12,834
Feb 2014030497.406.19$1,882
Jan 201402,56190.404.86$12,448
Dec 2013553,02991.824.35$18,240
Nov 20131423,18988.853.74$24,538
Oct 20132522,31797.423.78$33,307
Sep 201302,788104.113.72$10,365
Aug 201313,452104.253.52$12,264
Jul 201323,036102.523.72$11,492
Jun 201313,40794.403.93$13,496
May 20131524,44594.834.15$32,857
Apr 201304,45093.964.28$19,058
Mar 201304,48393.623.91$17,541
Feb 201304,90291.233.42$16,764
Jan 20131265,13291.603.42$29,093
Dec 20121074,92986.773.42$26,142
Nov 201214,60686.953.62$16,784
Oct 201204,74689.383.40$16,135
Sep 201203,95594.672.92$11,542
Aug 201204,51592.662.91$13,130
Jul 20121344,81185.133.02$25,940
Jun 201215,46579.822.52$13,846
May 20121155,91591.612.49$25,254
Apr 201215,626101.652.00$11,336
Mar 20121325,967105.052.22$27,126
Feb 20121355,187101.102.57$26,980
Jan 20121465,72498.092.73$29,971
Dec 201105,85196.873.24$18,956
Nov 201117,01495.723.31$23,321
Oct 20111237,05184.983.65$36,178
Sep 201115,84783.623.99$23,389
Aug 201106,22883.404.15$25,842
Jul 20111246,82894.144.52$42,517
Jun 201125,60392.904.64$26,183
May 201105,93398.134.40$26,134
Apr 201116,066105.964.33$26,392
Mar 20111004,44896.364.06$27,683
Feb 201106,08085.644.18$25,414
Jan 201137,15686.504.59$33,097
Dec 201011510,93685.734.35$57,406
Nov 201018,86580.843.80$33,726
Oct 20101125,04778.103.51$26,457
Sep 201015,28772.633.98$21,112
Aug 20101195,36073.684.42$32,456
Jul 201004,44472.554.74$21,049
Jun 201014,73070.364.91$23,297
May 20101805,17071.124.24$34,698
Apr 201005,39181.694.12$22,225
Mar 201006,83078.394.39$29,975
Feb 201015,61673.585.44$30,638
Jan 20101666,11674.365.96$48,820
Dec 2009495,87371.445.48$35,707
Nov 200905,87474.593.75$22,036
Oct 200906,32472.544.11$25,993
Sep 20091846,78865.543.06$32,863
Aug 200907,00667.423.22$22,549
Jul 20091998,03261.133.46$39,992
Jun 200908,34566.163.90$32,504
May 20092017,71154.743.93$41,274
Apr 200908,18046.773.59$29,346
Mar 20091929,09342.144.06$44,999
Feb 200907,36132.814.63$34,104
Jan 20091567,66235.865.37$46,747
Dec 200807,53237.105.98$45,020
Nov 20081808,05755.496.86$65,262
Oct 2008978,56675.246.92$66,592
Sep 200807,215101.767.88$56,833
Aug 20081755,163114.228.48$63,786
Jul 200808,037131.0811.39$91,537
Jun 20083578,009131.3313.03$151,263
May 200828,163123.1711.57$94,727
Apr 200826,836110.3110.45$71,690
Mar 200806,712101.909.66$64,865
Feb 20086038,41992.538.77$129,635
Jan 200808,75990.388.21$71,874
Dec 2007010,28188.337.30$75,072
Nov 200706,80191.677.29$49,591
Oct 200702,02482.856.92$14,010
Sep 200709,32975.846.24$58,252
Aug 2007017,76269.066.39$113,463
Jul 20071497,57670.906.39$58,959
Jun 200706,74162.007.55$50,884
May 20073499,79158.747.85$97,323
Apr 2007015,37559.617.81$120,005
Mar 200717011,74956.927.30$95,467
Feb 200715111,54155.108.22$103,141
Jan 2007012,82350.306.73$86,258
Dec 200639012,55456.656.92$108,948
Nov 200626114,17154.207.62$122,094
Oct 200619715,38454.906.01$103,332
Sep 200619818,86460.085.04$106,918
Aug 200618415,07568.717.34$123,292
Jul 200636017,21769.376.34$134,177
Jun 200671222,46366.286.38$190,592
May 2006034,52266.016.42$221,804

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.

Nov 2025 — as filed, then multipliedworked
Condensate             0 bbl  × $ 58.59 =         $0
Gas                  886 Mcf  × $  3.93 =     $3,479

────────────────────────────────────────────────────
Month total                                   $3,479

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/218709 is the state's own key, not one this site invented.