LOVEY 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 235518District 09Field 65280200CondensateGasSaveExport
Value, all time
$5.3 M
Jun 2007 – May 2026
Value, last 12 filed months
$126 k
at the published price for each month
Months reported
228
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
CondensateDisposition5,228 bbl$421,494
GasProduction1,034,012 Mcf$4,883,091
Total$5,304,585

Every month this lease reported (228)

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

228 months

May 202602,727106.413.05$8,306
Apr 202602,51998.932.87$7,229
Mar 202602,69289.753.15$8,478
Feb 202602,38363.503.75$8,937
Jan 202602,85659.138.00$22,842
Dec 202502,81756.664.41$12,432
Nov 2025222,48658.593.93$11,050
Oct 202502,47659.383.30$8,183
Sep 202502,73862.743.08$8,425
Aug 202502,96763.933.01$8,945
Jul 2025362,97466.743.32$12,262
Jun 202503,00566.483.13$9,402
May 202502,88960.553.23$9,338
Apr 202502,55862.363.54$9,063
Mar 202502,73167.704.27$11,657
Feb 202502,74570.884.34$11,916
Jan 2025242,96974.324.28$14,487
Dec 202402,77968.993.12$8,674
Nov 202402,61869.052.20$5,756
Oct 202402,88471.372.28$6,580
Sep 202402,75269.612.36$6,507
Aug 202402,81975.632.06$5,817
Jul 2024663,07279.932.15$11,870
Jun 202402,85978.082.63$7,531
May 202402,94778.812.20$6,479
Apr 202402,65084.451.66$4,397
Mar 202402,79380.301.55$4,316
Feb 202402,61476.091.78$4,662
Jan 202402,66473.023.30$8,785
Dec 2023932,98471.262.61$14,418
Nov 202303,02577.892.81$8,493
Oct 202303,05085.443.09$9,416
Sep 202303,12389.042.74$8,542
Aug 202303,16980.522.67$8,470
Jul 202302,98374.852.64$7,880
Jun 202302,92468.962.26$6,604
May 202302,80570.622.23$6,248
Apr 202303,15078.122.24$7,049
Mar 202303,08972.852.39$7,392
Feb 202302,67675.112.47$6,598
Jan 202302,88676.533.39$9,777
Dec 202202,89676.415.73$16,591
Nov 202203,18985.005.65$18,006
Oct 202203,21687.185.86$18,858
Sep 202202,97484.888.16$24,279
Aug 202203,24294.529.13$29,590
Jul 202202,820101.587.54$21,269
Jun 202202,577115.097.98$20,557
May 202202,816109.378.43$23,747
Apr 2022523,133104.226.84$26,842
Mar 202203,250108.885.08$16,498
Feb 202202,84591.054.86$13,823
Jan 202203,82381.844.54$17,348
Dec 202103,51271.323.90$13,694
Nov 202103,15177.435.24$16,501
Oct 202103,26479.795.71$18,650
Sep 202103,06569.865.35$16,401
Aug 202102,82066.024.22$11,902
Jul 202102,89170.783.98$11,512
Jun 202102,62369.493.38$8,867
May 202102,75263.483.02$8,305
Apr 202102,58160.362.76$7,119
Mar 202102,81661.302.72$7,651
Feb 202102,29157.805.55$12,710
Jan 202102,57750.412.81$7,242
Dec 202002,91244.642.68$7,791
Nov 202002,70838.772.71$7,329
Oct 202002,80236.972.48$6,945
Sep 202002,43037.091.99$4,838
Aug 202003,33539.982.39$7,954
Jul 202003,52338.371.83$6,430
Jun 202003,55234.901.69$6,004
May 202003,58816.921.81$6,511
Apr 202003,34414.751.80$6,034
Mar 202003,50630.341.86$6,508
Feb 2020863,30849.881.98$10,842
Jan 202003,40657.252.09$7,135
Dec 201903,26859.012.30$7,531
Nov 201902,97255.302.75$8,175
Oct 201902,97953.472.42$7,205
Sep 201903,35255.052.66$8,907
Aug 201903,79753.112.30$8,750
Jul 201903,86656.272.46$9,511
Jun 201903,58052.782.49$8,919
May 201903,77958.482.74$10,356
Apr 201903,33462.632.75$9,171
Mar 201903,88856.803.06$11,905
Feb 2019903,74750.852.79$15,039
Jan 201902,10946.033.23$6,808
Dec 201803,65446.594.19$15,294
Nov 201803,55752.934.24$15,072
Oct 201803,26161.443.40$11,081
Sep 201803,33059.543.11$10,350
Aug 201806,34859.403.07$19,467
Jul 201804,16165.142.93$12,200
Jun 201803,85160.183.08$11,849
May 2018753,40865.382.90$14,789
Apr 201803,34863.842.90$9,712
Mar 201803,82361.222.79$10,654
Feb 201803,27761.782.77$9,065
Jan 201803,37962.874.01$13,547
Dec 201703,87057.272.92$11,306
Nov 201703,77755.423.12$11,778
Oct 201703,89649.292.98$11,624
Sep 20171352,20847.523.09$13,232
Aug 201702,59145.373.00$7,784
Jul 201703,05143.873.09$9,419
Jun 201703,49042.493.09$10,775
May 201703,77345.373.26$12,313
Apr 201704,35647.933.21$13,990
Mar 20171113,98046.772.98$17,067
Feb 201703,03550.452.95$8,961
Jan 201703,18149.413.42$10,875
Dec 201602,59748.763.72$9,668
Nov 201601,23542.492.64$3,266
Oct 201601,09146.193.09$3,371
Sep 2016066841.553.10$2,071
Aug 20160041.442.92$0
Jul 201601,84441.622.92$5,392
Jun 2016033645.352.69$902
May 201618042.521.99$765
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 201539042.992.76$1,677
Aug 20150040.162.87$0
Jul 20150048.152.95$0
Jun 20150056.152.88$0
May 201501355.212.96$38
Apr 201508049.822.71$217
Mar 201504,80642.892.93$14,104
Feb 20151143,97644.662.98$16,925
Jan 201503,60543.433.10$11,178
Dec 201403,63854.693.59$13,065
Nov 201404,14970.464.25$17,641
Oct 20141354,15478.303.90$26,775
Sep 201403,66786.164.05$14,835
Aug 201403,73689.394.04$15,075
Jul 201403,16196.564.18$13,212
Jun 201402,64398.164.74$12,520
May 20141673,82194.734.73$33,880
Apr 201403,50495.944.81$16,851
Mar 201402,27495.895.06$11,499
Feb 201402,03997.406.19$12,625
Jan 201404,64990.404.86$22,597
Dec 20131363,76691.824.35$28,886
Nov 20131434,54788.853.74$29,704
Oct 201304,60397.423.78$17,396
Sep 201304,577104.113.72$17,016
Aug 201314,705104.253.52$16,678
Jul 201304,528102.523.72$16,834
Jun 201314,18794.403.93$16,564
May 201314,80694.834.15$20,035
Apr 201314,90193.964.28$21,083
Mar 20131594,45593.623.91$32,317
Feb 201303,62191.233.42$12,383
Jan 201315,73791.603.42$19,712
Dec 20121345,47186.773.42$30,339
Nov 201205,49886.953.62$19,930
Oct 201206,11989.383.40$20,803
Sep 201205,85394.672.92$17,081
Aug 2012756,27492.662.91$25,195
Jul 201206,90985.133.02$20,871
Jun 201206,31279.822.52$15,900
May 201216,28091.612.49$15,718
Apr 2012936,438101.652.00$22,309
Mar 201216,768105.052.22$15,144
Feb 201207,031101.102.57$18,071
Jan 2012755,54998.092.73$22,528
Dec 201104,28196.873.24$13,869
Nov 201103,08295.723.31$10,205
Oct 20111135,36384.983.65$29,170
Sep 201106,24783.623.99$24,899
Aug 201105,26683.404.15$21,850
Jul 201109,75994.144.52$44,084
Jun 2011011,23592.904.64$52,129
May 20111179,75398.134.40$54,441
Apr 2011011,234105.964.33$48,680
Mar 201119,40596.364.06$38,256
Feb 20111235,50085.644.18$33,524
Jan 201106,93086.504.59$31,800
Dec 201007,20485.734.35$31,321
Nov 20101376,39080.843.80$35,327
Oct 201007,91678.103.51$27,776
Sep 201007,73472.633.98$30,777
Aug 20101238,75373.684.42$47,745
Jul 201008,58772.554.74$40,672
Jun 201017,86670.364.91$38,696
May 20101167,60971.124.24$40,476
Apr 201017,15381.694.12$29,571
Mar 201017,53078.394.39$33,125
Feb 20101157,83673.585.44$51,108
Jan 201018,51374.365.96$50,847
Dec 20091057,67971.445.48$49,611
Nov 200907,91774.593.75$29,701
Oct 2009908,21872.544.11$40,307
Sep 200908,60265.543.06$26,363
Aug 2009909,34167.423.22$36,132
Jul 2009969,51261.133.46$38,823
Jun 200909,55466.163.90$37,213
May 200910310,03154.743.93$45,017
Apr 2009010,05346.773.59$36,065
Mar 200919610,49542.144.06$50,859
Feb 200908,11732.814.63$37,606
Jan 2009927,69735.865.37$44,640
Dec 2008607,13937.105.98$44,897
Nov 2008624655.496.86$3,756
Oct 20080075.246.92$0
Sep 20081031,284101.767.88$20,595
Aug 200810712,075114.228.48$114,654
Jul 200810016,588131.0811.39$202,036
Jun 20088616,523131.3313.03$226,633
May 2008113,701123.1711.57$158,703
Apr 200833512,293110.3110.45$165,475
Mar 20088515,583101.909.66$159,257
Feb 200829015,17492.538.77$159,918
Jan 2008018,38990.388.21$150,895
Dec 200729319,95088.337.30$171,555
Nov 2007020,89391.677.29$152,345
Oct 2007032,73082.856.92$226,556
Sep 20070075.846.24$0
Aug 20070069.066.39$0
Jul 20070070.906.39$0
Jun 20070062.007.55$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                2,727 Mcf  × $  3.05 =     $8,306

────────────────────────────────────────────────────
Month total                                   $8,306

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/235518 is the state's own key, not one this site invented.