VETTE

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 231535District 09Field 65280200CondensateGasSaveExport
Value, all time
$6.5 M
Jan 2007 – May 2026
Value, last 12 filed months
$119 k
at the published price for each month
Months reported
233
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
CondensateDisposition3,690 bbl$266,301
GasProduction1,138,375 Mcf$6,240,138
Total$6,506,439

Every month this lease reported (233)

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

233 months

May 202603,183106.413.05$9,695
Apr 202602,24598.932.87$6,443
Mar 2026152,07689.753.15$7,884
Feb 202601,97863.503.75$7,418
Jan 202602,70559.138.00$21,634
Dec 202502,64056.664.41$11,651
Nov 202502,37758.593.93$9,333
Oct 202502,81459.383.30$9,300
Sep 202502,86162.743.08$8,803
Aug 202502,95163.933.01$8,897
Jul 202502,83866.743.32$9,409
Jun 202502,84166.483.13$8,889
May 202502,86360.553.23$9,254
Apr 202502,59262.363.54$9,184
Mar 2025432,92267.704.27$15,383
Feb 202503,04970.884.34$13,235
Jan 202503,50674.324.28$15,001
Dec 202403,43368.993.12$10,716
Nov 202403,38269.052.20$7,435
Oct 202403,51571.372.28$8,019
Sep 202403,36369.612.36$7,951
Aug 202403,02675.632.06$6,245
Jul 202402,79979.932.15$6,008
Jun 202402,61178.082.63$6,877
May 202402,66178.812.20$5,850
Apr 202402,42184.451.66$4,017
Mar 2024272,56680.301.55$6,133
Feb 202402,29176.091.78$4,086
Jan 202402,62973.023.30$8,670
Dec 202302,50471.262.61$6,537
Nov 202302,04077.892.81$5,727
Oct 2023231,80585.443.09$7,538
Sep 202301,65289.042.74$4,518
Aug 202301,82580.522.67$4,878
Jul 202301,88574.852.64$4,980
Jun 202301,77068.962.26$3,998
May 202302,05970.622.23$4,586
Apr 2023141,60978.122.24$4,694
Mar 2023191,54172.852.39$5,072
Feb 202301,19475.112.47$2,944
Jan 202301,66876.533.39$5,651
Dec 2022261,93276.415.73$13,055
Nov 202201,85185.005.65$10,451
Oct 202201,98687.185.86$11,645
Sep 2022161,90284.888.16$16,885
Aug 202202,29994.529.13$20,983
Jul 202202,457101.587.54$18,531
Jun 202202,263115.097.98$18,052
May 202202,316109.378.43$19,531
Apr 2022371,795104.226.84$16,130
Mar 202201,986108.885.08$10,082
Feb 202201,01891.054.86$4,946
Jan 202202,46281.844.54$11,172
Dec 2021331,90971.323.90$9,797
Nov 202101,94077.435.24$10,159
Oct 202102,31879.795.71$13,245
Sep 202102,30069.865.35$12,307
Aug 202102,13166.024.22$8,994
Jul 2021181,91070.783.98$8,880
Jun 202101,80969.493.38$6,116
May 202101,73763.483.02$5,242
Apr 202101,83360.362.76$5,056
Mar 2021471,93661.302.72$8,141
Feb 202101,76757.805.55$9,803
Jan 202102,16450.412.81$6,081
Dec 202002,19844.642.68$5,881
Nov 2020392,12838.772.71$7,272
Oct 202002,15236.972.48$5,334
Sep 202002,07537.091.99$4,131
Aug 202002,31439.982.39$5,519
Jul 2020852,39938.371.83$7,640
Jun 202002,30634.901.69$3,898
May 202002,34116.921.81$4,248
Apr 202002,26114.751.80$4,080
Mar 2020911,78230.341.86$6,069
Feb 202001,84049.881.98$3,644
Jan 202002,51557.252.09$5,268
Dec 2019442,91159.012.30$9,304
Nov 201903,05655.302.75$8,406
Oct 201901,91653.472.42$4,634
Sep 201902,01055.052.66$5,341
Aug 201901,68153.112.30$3,874
Jul 2019342,26756.272.46$7,490
Jun 201901,12652.782.49$2,805
May 201901,35758.482.74$3,719
Apr 2019211,93362.632.75$6,632
Mar 201902,43456.803.06$7,453
Feb 201902,43650.852.79$6,802
Jan 2019242,26746.033.23$8,423
Dec 201802,41246.594.19$10,095
Nov 201802,22852.934.24$9,441
Oct 2018462,31261.443.40$10,683
Sep 201802,43259.543.11$7,559
Aug 2018382,61559.403.07$10,276
Jul 2018362,02065.142.93$8,267
Jun 201801,93160.183.08$5,942
May 2018292,03565.382.90$7,799
Apr 201802,43063.842.90$7,049
Mar 2018302,51261.222.79$8,837
Feb 201802,16361.782.77$5,983
Jan 2018102,65762.874.01$11,281
Dec 201702,64257.272.92$7,719
Nov 2017152,74155.423.12$9,379
Oct 201702,49549.292.98$7,444
Sep 201772,72647.523.09$8,749
Aug 201703,15345.373.00$9,473
Jul 2017361,69543.873.09$6,812
Jun 201702,20442.493.09$6,804
May 201703,11345.373.26$10,159
Apr 201701,09147.933.21$3,504
Mar 201743,49446.772.98$10,612
Feb 201773,64050.452.95$11,101
Jan 2017136,08649.413.42$21,449
Dec 201604,96348.763.72$18,476
Nov 2016254,19942.492.64$12,166
Oct 2016353,22446.193.09$11,580
Sep 201602,61841.553.10$8,117
Aug 20160041.442.92$0
Jul 201603241.622.92$94
Jun 201605,62245.352.69$15,100
May 2016697,53642.521.99$17,938
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 201502,44338.792.17$5,295
Oct 201503,11743.552.43$7,564
Sep 201503,02642.992.76$8,347
Aug 201503,02540.162.87$8,689
Jul 201503,00148.152.95$8,838
Jun 201502,84256.152.88$8,193
May 201502,13155.212.96$6,298
Apr 20150049.822.71$0
Mar 20150042.892.93$0
Feb 20150044.662.98$0
Jan 20150043.433.10$0
Dec 20140054.693.59$0
Nov 20140070.464.25$0
Oct 20140078.303.90$0
Sep 20140086.164.05$0
Aug 20140089.394.04$0
Jul 201414096.564.18$1,352
Jun 2014181,54098.164.74$9,062
May 201403,34394.734.73$15,801
Apr 201403,70695.944.81$17,823
Mar 201426,10495.895.06$31,058
Feb 201415,41097.406.19$33,596
Jan 201405,82490.404.86$28,309
Dec 201305,93991.824.35$25,861
Nov 201305,91888.853.74$22,123
Oct 2013126,12197.423.78$24,303
Sep 2013255,969104.113.72$24,794
Aug 201306,203104.253.52$21,851
Jul 201305,341102.523.72$19,856
Jun 201304,10394.403.93$16,139
May 2013154,39694.834.15$19,662
Apr 201304,69593.964.28$20,107
Mar 201304,45693.623.91$17,436
Feb 201302,93491.233.42$10,034
Jan 201315,60291.603.42$19,250
Dec 201204,92886.773.42$16,855
Nov 201205,38286.953.62$19,510
Oct 201205,53889.383.40$18,827
Sep 201204,79794.672.92$14,000
Aug 201203,98792.662.91$11,595
Jul 201204,13285.133.02$12,482
Jun 201205,28779.822.52$13,318
May 201205,20491.612.49$12,949
Apr 201204,471101.652.00$8,928
Mar 201204,342105.052.22$9,648
Feb 201204,445101.102.57$11,425
Jan 201204,76198.092.73$13,017
Dec 201104,59896.873.24$14,896
Nov 201104,37395.723.31$14,480
Oct 201104,49784.983.65$16,407
Sep 201103,16483.623.99$12,611
Aug 201103,59883.404.15$14,929
Jul 201101,20794.144.52$5,452
Jun 201103,63192.904.64$16,847
May 201104,15498.134.40$18,298
Apr 201103,974105.964.33$17,220
Mar 201107,77396.364.06$31,538
Feb 201111,78685.644.18$7,551
Jan 201105,35686.504.59$24,578
Dec 201015,58085.734.35$24,346
Nov 201006,20380.843.80$23,542
Oct 201027,40778.103.51$26,147
Sep 201005,53972.633.98$22,042
Aug 201005,92173.684.42$26,167
Jul 201006,03972.554.74$28,604
Jun 2010106,02470.364.91$30,284
May 2010436,32571.124.24$29,846
Apr 2010465,39381.694.12$25,991
Mar 2010556,04678.394.39$30,845
Feb 2010546,72773.585.44$40,584
Jan 2010539,07974.365.96$58,089
Dec 2009537,04571.445.48$42,419
Nov 2009517,63674.593.75$32,451
Oct 2009538,20072.544.11$37,549
Sep 2009517,61865.543.06$26,690
Aug 2009477,93467.423.22$28,704
Jul 2009478,48161.133.46$32,256
Jun 2009477,92266.163.90$33,966
May 2009417,51154.743.93$31,731
Apr 2009336,09646.773.59$23,413
Mar 2009412,98342.144.06$13,836
Feb 20095514,30432.814.63$68,075
Jan 200915821,78535.865.37$122,673
Dec 2008022,73337.105.98$135,878
Nov 20087021,54355.496.86$151,677
Oct 20085925,86075.246.92$183,442
Sep 20088821,688101.767.88$179,793
Aug 20089122,189114.228.48$198,624
Jul 20084423,900131.0811.39$277,975
Jun 20083720,532131.3313.03$272,445
May 2008013,467123.1711.57$155,871
Apr 200821624,526110.3110.45$280,243
Mar 20083828,873101.909.66$282,903
Feb 20088618,25292.538.77$168,038
Jan 200810219,85290.388.21$172,119
Dec 200715625,64988.337.30$201,068
Nov 20074611,47391.677.29$87,874
Oct 20079811,84582.856.92$90,110
Sep 20076426,42675.846.24$169,862
Aug 2007026,30469.066.39$168,028
Jul 200715616,00470.906.39$113,293
Jun 20073922,06262.007.55$168,952
May 20077812,78558.747.85$104,896
Apr 200711320,67259.617.81$168,085
Mar 20072311,93156.927.30$88,429
Feb 20070055.108.22$0
Jan 20070050.306.73$0

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                3,183 Mcf  × $  3.05 =     $9,695

────────────────────────────────────────────────────
Month total                                   $9,695

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/231535 is the state's own key, not one this site invented.