FORD, GERALD

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 232034District 09Field 65280200CondensateGasSaveExport
Value, all time
$5.9 M
Apr 2007 – May 2026
Value, last 12 filed months
$194 k
at the published price for each month
Months reported
230
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
CondensateDisposition1,788 bbl$141,296
GasProduction1,141,967 Mcf$5,757,047
Total$5,898,344

Every month this lease reported (230)

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

230 months

May 202604,367106.413.05$13,301
Apr 202604,15398.932.87$11,918
Mar 202604,18889.753.15$13,190
Feb 202603,75463.503.75$14,079
Jan 202603,67359.138.00$29,376
Dec 202504,29856.664.41$18,969
Nov 202504,11458.593.93$16,153
Oct 202504,74259.383.30$15,672
Sep 202504,90162.743.08$15,080
Aug 202504,91863.933.01$14,827
Jul 202504,99766.743.32$16,566
Jun 202504,74566.483.13$14,846
May 202504,83160.553.23$15,615
Apr 202504,48062.363.54$15,873
Mar 202504,95867.704.27$21,162
Feb 202504,37670.884.34$18,996
Jan 202505,20274.324.28$22,258
Dec 202405,25068.993.12$16,387
Nov 202404,99069.052.20$10,970
Oct 202405,46271.372.28$12,461
Sep 202405,39369.612.36$12,751
Aug 202405,66275.632.06$11,684
Jul 202405,78879.932.15$12,424
Jun 202405,64678.082.63$14,871
May 202405,13478.812.20$11,287
Apr 202403,78784.451.66$6,283
Mar 202403,52680.301.55$5,448
Feb 202403,09776.091.78$5,524
Jan 202402,85173.023.30$9,402
Dec 202303,36871.262.61$8,793
Nov 202303,27677.892.81$9,198
Oct 202302,79685.443.09$8,632
Sep 202303,15689.042.74$8,632
Aug 202302,83780.522.67$7,583
Jul 202303,01574.852.64$7,965
Jun 202303,57768.962.26$8,079
May 202304,10470.622.23$9,141
Apr 202304,54278.122.24$10,164
Mar 2023334,86072.852.39$14,035
Feb 202304,25575.112.47$10,491
Jan 202304,43776.533.39$15,031
Dec 202204,94276.415.73$28,313
Nov 202204,84485.005.65$27,350
Oct 202204,78087.185.86$28,029
Sep 202204,43084.888.16$36,165
Aug 202205,51394.529.13$50,318
Jul 202205,766101.587.54$43,488
Jun 202205,449115.097.98$43,468
May 202205,611109.378.43$47,318
Apr 202204,625104.226.84$31,624
Mar 202205,315108.885.08$26,981
Feb 202204,84291.054.86$23,527
Jan 202204,76381.844.54$21,613
Dec 202106,06871.323.90$23,660
Nov 202104,65377.435.24$24,367
Oct 202104,21579.795.71$24,084
Sep 202104,09269.865.35$21,896
Aug 202104,71866.024.22$19,913
Jul 202104,52170.783.98$18,003
Jun 202104,23469.493.38$14,314
May 202104,49263.483.02$13,555
Apr 202104,62360.362.76$12,752
Mar 2021604,01061.302.72$14,573
Feb 202102,87457.805.55$15,945
Jan 202104,48350.412.81$12,598
Dec 202004,42944.642.68$11,850
Nov 202004,45938.772.71$12,069
Oct 202004,79036.972.48$11,872
Sep 202004,54137.091.99$9,041
Aug 202005,24039.982.39$12,498
Jul 202005,06738.371.83$9,248
Jun 202005,03534.901.69$8,511
May 202005,25316.921.81$9,533
Apr 202005,11914.751.80$9,237
Mar 202005,34630.341.86$9,923
Feb 202005,14749.881.98$10,195
Jan 202006,00457.252.09$12,577
Dec 201906,03859.012.30$13,914
Nov 201905,96455.302.75$16,405
Oct 201906,28953.472.42$15,210
Sep 201906,09755.052.66$16,201
Aug 201906,54753.112.30$15,087
Jul 201906,06556.272.46$14,920
Jun 2019406,32352.782.49$17,863
May 201906,47758.482.74$17,749
Apr 201906,31962.632.75$17,382
Mar 201906,57156.803.06$20,121
Feb 201906,08050.852.79$16,977
Jan 201906,63346.033.23$21,413
Dec 201806,63146.594.19$27,754
Nov 201806,18552.934.24$26,207
Oct 201806,97161.443.40$23,688
Sep 201806,67159.543.11$20,733
Aug 201807,33759.403.07$22,499
Jul 201806,77265.142.93$19,855
Jun 201805,66860.183.08$17,440
May 201805,90465.382.90$17,126
Apr 2018225,64263.842.90$17,771
Mar 2018195,90761.222.79$17,625
Feb 201804,87861.782.77$13,493
Jan 201805,33862.874.01$21,402
Dec 201705,66357.272.92$16,545
Nov 201705,96055.423.12$18,585
Oct 201702,32949.292.98$6,949
Sep 201704,88547.523.09$15,081
Aug 201703,09545.373.00$9,299
Jul 201707,27643.873.09$22,463
Jun 201704,55242.493.09$14,053
May 201701,50545.373.26$4,911
Apr 201701,80347.933.21$5,791
Mar 20170046.772.98$0
Feb 20170050.452.95$0
Jan 20170049.413.42$0
Dec 201677848.763.72$3,784
Nov 201601,19342.492.64$3,155
Oct 201603,41646.193.09$10,556
Sep 20160041.553.10$0
Aug 201601,40441.442.92$4,106
Jul 201605,71741.622.92$16,718
Jun 20160045.352.69$0
May 201606942.521.99$137
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 20150040.162.87$0
Jul 20150048.152.95$0
Jun 20150056.152.88$0
May 20150055.212.96$0
Apr 20150049.822.71$0
Mar 20150042.892.93$0
Feb 20150044.662.98$0
Jan 2015089843.433.10$2,784
Dec 201401,46054.693.59$5,243
Nov 201401,00470.464.25$4,269
Oct 201401,34778.303.90$5,255
Sep 201401,21986.164.05$4,931
Aug 201402,00089.394.04$8,070
Jul 20140096.564.18$0
Jun 20142098.164.74$196
May 201403,63594.734.73$17,181
Apr 201408,02095.944.81$38,569
Mar 201401,84895.895.06$9,345
Feb 20140297.406.19$12
Jan 20140090.404.86$0
Dec 20130091.824.35$0
Nov 20130088.853.74$0
Oct 20130097.423.78$0
Sep 201300104.113.72$0
Aug 2013320104.253.52$3,336
Jul 201300102.523.72$0
Jun 20130094.403.93$0
May 20130094.834.15$0
Apr 2013083393.964.28$3,567
Mar 201307,11393.623.91$27,832
Feb 201312091.233.42$1,095
Jan 20130091.603.42$0
Dec 20120086.773.42$0
Nov 20120086.953.62$0
Oct 20120089.383.40$0
Sep 20120094.672.92$0
Aug 20120092.662.91$0
Jul 2012182885.133.02$1,617
Jun 201201,26479.822.52$3,184
May 201202,32691.612.49$5,788
Apr 201203,830101.652.00$7,648
Mar 201262,980105.052.22$7,252
Feb 20120745101.102.57$1,915
Jan 201203,01798.092.73$8,249
Dec 20110096.873.24$0
Nov 20119095.723.31$861
Oct 2011060284.983.65$2,196
Sep 2011181383.623.99$3,324
Aug 20111883.404.15$117
Jul 20110094.144.52$0
Jun 201112,83492.904.64$13,242
May 201103,47398.134.40$15,298
Apr 2011291,325105.964.33$8,814
Mar 201103,94996.364.06$16,022
Feb 201101,99385.644.18$8,331
Jan 201102,36886.504.59$10,866
Dec 2010143,16685.734.35$14,965
Nov 201013,99380.843.80$15,236
Oct 201013,46078.103.51$12,219
Sep 2010152,76572.633.98$12,093
Aug 201014,42173.684.42$19,612
Jul 201005,11272.554.74$24,213
Jun 201014,99170.364.91$24,578
May 2010895,05171.124.24$27,722
Apr 201015,53481.694.12$22,897
Mar 201036,07478.394.39$26,892
Feb 201025,94373.585.44$32,491
Jan 2010876,17474.365.96$43,292
Dec 200916,31071.445.48$34,674
Nov 200904,56474.593.75$17,122
Oct 2009866,45572.544.11$32,770
Sep 200906,60765.543.06$20,249
Aug 200907,80767.423.22$25,127
Jul 200907,94361.133.46$27,519
Jun 200907,71566.163.90$30,050
May 2009896,93754.743.93$32,105
Apr 200908,41146.773.59$30,174
Mar 200909,63942.144.06$39,125
Feb 200909,46032.814.63$43,828
Jan 200911111,90435.865.37$67,917
Dec 2008014,47737.105.98$86,531
Nov 2008015,88555.496.86$108,977
Oct 20081068,23775.246.92$64,992
Sep 200809,166101.767.88$72,201
Aug 2008013,109114.228.48$111,204
Jul 20081079,480131.0811.39$121,997
Jun 2008012,531131.3313.03$163,312
May 20089719,964123.1711.57$243,017
Apr 2008013,476110.3110.45$140,890
Mar 2008014,886101.909.66$143,859
Feb 200819411,71592.538.77$120,698
Jan 2008017,65390.388.21$144,856
Dec 2007020,20488.337.30$147,529
Nov 20079116,59491.677.29$129,340
Oct 20078829,91282.856.92$214,341
Sep 20078925,04375.846.24$163,122
Aug 200715226,86669.066.39$182,116
Jul 2007036,36770.906.39$232,310
Jun 2007044,07662.007.55$332,705
May 2007020,97558.747.85$164,576
Apr 20070059.617.81$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                4,367 Mcf  × $  3.05 =    $13,301

────────────────────────────────────────────────────
Month total                                  $13,301

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/232034 is the state's own key, not one this site invented.