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 236887District 09Field 65280200CondensateGasSaveExport
Value, all time
$11.7 M
Jun 2007 – May 2026
Value, last 12 filed months
$326 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
CondensateDisposition22,325 bbl$1,837,064
GasProduction2,291,819 Mcf$9,822,890
Total$11,659,954

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 2026937,937106.413.05$34,071
Apr 202607,17298.932.87$20,582
Mar 202607,26689.753.15$22,884
Feb 202606,39663.503.75$23,987
Jan 202606,40659.138.00$51,235
Dec 202506,82956.664.41$30,139
Nov 2025886,53658.593.93$30,819
Oct 202506,35459.383.30$20,999
Sep 2025936,18762.743.08$24,872
Aug 202506,53163.933.01$19,689
Jul 2025926,41966.743.32$27,420
Jun 2025155,89066.483.13$19,425
May 202506,04260.553.23$19,530
Apr 2025946,26062.363.54$28,042
Mar 202506,32567.704.27$26,997
Feb 202505,92470.884.34$25,715
Jan 202506,77874.324.28$29,001
Dec 202406,28568.993.12$19,618
Nov 2024945,87669.052.20$19,409
Oct 202406,04271.372.28$13,784
Sep 202406,09469.612.36$14,408
Aug 2024936,33375.632.06$20,103
Jul 202405,81379.932.15$12,478
Jun 2024815,99778.082.63$22,120
May 202406,36678.812.20$13,995
Apr 202406,05384.451.66$10,043
Mar 2024666,39980.301.55$15,187
Feb 2024255,94176.091.78$12,499
Jan 202406,04873.023.30$19,944
Dec 202306,61271.262.61$17,262
Nov 202306,51177.892.81$18,280
Oct 20231016,62685.443.09$29,086
Sep 2023936,34689.042.74$25,637
Aug 202306,73880.522.67$18,010
Jul 2023687,11774.852.64$23,891
Jun 20231006,71968.962.26$22,071
May 202306,46370.622.23$14,396
Apr 2023926,39778.122.24$21,502
Mar 202306,38072.852.39$15,268
Feb 202306,19775.112.47$15,280
Jan 2023766,47676.533.39$27,755
Dec 202206,34176.415.73$36,328
Nov 2022955,77885.005.65$40,699
Oct 202205,76687.185.86$33,810
Sep 2022886,00284.888.16$56,468
Aug 202206,86994.529.13$62,694
Jul 202206,752101.587.54$50,924
Jun 2022766,729115.097.98$62,425
May 202206,667109.378.43$56,223
Apr 2022595,669104.226.84$44,911
Mar 202206,452108.885.08$32,753
Feb 2022945,78091.054.86$36,643
Jan 202206,27781.844.54$28,483
Dec 2021956,53871.323.90$32,268
Nov 202106,48677.435.24$33,966
Oct 202106,81979.795.71$38,963
Sep 2021656,56569.865.35$39,670
Aug 2021526,43566.024.22$30,593
Jul 202106,56070.783.98$26,122
Jun 2021376,60069.493.38$24,883
May 2021507,12563.483.02$24,675
Apr 202106,69960.362.76$18,479
Mar 2021507,14861.302.72$22,486
Feb 202105,34557.805.55$29,654
Jan 2021936,43850.412.81$22,781
Dec 2020396,92844.642.68$20,277
Nov 202006,63038.772.71$17,945
Oct 20201076,84136.972.48$20,911
Sep 2020436,52937.091.99$14,594
Aug 202006,81739.982.39$16,259
Jul 2020936,71538.371.83$15,824
Jun 202006,73234.901.69$11,379
May 2020777,09716.921.81$14,182
Apr 2020697,36314.751.80$14,303
Mar 202007,45130.341.86$13,831
Feb 202006,88349.881.98$13,633
Jan 202007,40157.252.09$15,503
Dec 201907,32959.012.30$16,889
Nov 201907,11255.302.75$19,563
Oct 201907,26653.472.42$17,573
Sep 201907,12355.052.66$18,928
Aug 201907,56753.112.30$17,437
Jul 201907,27856.272.46$17,904
Jun 201907,16552.782.49$17,849
May 201907,50758.482.74$20,572
Apr 201907,16162.632.75$19,698
Mar 201907,52956.803.06$23,055
Feb 201906,95450.852.79$19,417
Jan 201907,20446.033.23$23,256
Dec 201807,88246.594.19$32,990
Nov 201807,74052.934.24$32,796
Oct 201808,07861.443.40$27,450
Sep 201807,53259.543.11$23,409
Aug 201807,56359.403.07$23,192
Jul 201807,86765.142.93$23,065
Jun 201807,50160.183.08$23,080
May 201817,83865.382.90$22,802
Apr 201817,71463.842.90$22,441
Mar 201837,94861.222.79$22,333
Feb 201806,98561.782.77$19,321
Jan 201807,65962.874.01$30,707
Dec 201707,09357.272.92$20,722
Nov 201706,47355.423.12$20,185
Oct 201707,81749.292.98$23,323
Sep 201707,42647.523.09$22,926
Aug 201707,54645.373.00$22,671
Jul 201707,31743.873.09$22,590
Jun 201716,74542.493.09$20,866
May 201707,99745.373.26$26,097
Apr 201738,04647.933.21$25,984
Mar 201708,82646.772.98$26,334
Feb 201787,90250.452.95$23,735
Jan 201708,37549.413.42$28,632
Dec 2016317,81248.763.72$30,594
Nov 201608,47542.492.64$22,411
Oct 201649,11046.193.09$28,337
Sep 201609,46541.553.10$29,347
Aug 2016010,23741.442.92$29,936
Jul 2016169,04441.622.92$27,114
Jun 201608,49645.352.69$22,819
May 201609,13342.521.99$18,184
Apr 20161169,64936.561.99$23,453
Mar 2016110,90233.011.79$19,591
Feb 20169810,40426.472.06$24,064
Jan 201610411,74227.352.36$30,607
Dec 201510311,75532.362.00$26,860
Nov 2015011,47438.792.17$24,868
Oct 201510012,74943.552.43$35,291
Sep 2015012,05742.992.76$33,258
Aug 20159013,05140.162.87$41,103
Jul 2015013,56548.152.95$39,950
Jun 201511613,71856.152.88$46,060
May 201513615,08555.212.96$52,092
Apr 2015014,24749.822.71$38,561
Mar 201513614,58842.892.93$48,645
Feb 2015012,94744.662.98$38,533
Jan 201514214,06043.433.10$49,762
Dec 201414314,16854.693.59$58,703
Nov 201413814,12670.464.25$69,785
Oct 201415114,52478.303.90$68,481
Sep 2014014,74886.164.05$59,662
Aug 201412313,61989.394.04$65,949
Jul 2014014,65396.564.18$61,244
Jun 20141714,20698.164.74$68,961
May 2014014,38594.734.73$67,992
Apr 201412314,22095.944.81$80,186
Mar 2014010,18795.895.06$51,514
Feb 201414512,42097.406.19$91,028
Jan 201415715,18290.404.86$87,988
Dec 201315414,52691.824.35$77,393
Nov 201314913,80788.853.74$64,853
Oct 201314812,79597.423.78$62,775
Sep 201314515,332104.113.72$72,096
Aug 201317112,090104.253.52$60,415
Jul 2013212,176102.523.72$45,472
Jun 201328212,20094.403.93$74,608
May 201314012,35294.834.15$64,526
Apr 2013011,66893.964.28$49,969
Mar 201321412,75493.623.91$69,939
Feb 20131219,11791.233.42$42,218
Jan 2013011,83591.603.42$40,475
Dec 201222612,60786.773.42$62,728
Nov 201212412,50386.953.62$56,105
Oct 201213813,50289.383.40$58,237
Sep 201213312,25094.672.92$48,342
Aug 20129613,08592.662.91$46,949
Jul 20128012,96085.133.02$45,960
Jun 20128311,48279.822.52$35,549
May 201219013,13491.612.49$50,087
Apr 201210313,680101.652.00$37,786
Mar 201220513,717105.052.22$52,016
Feb 201211513,835101.102.57$47,186
Jan 201210714,19298.092.73$49,298
Dec 201116614,58296.873.24$63,322
Nov 2011012,79995.723.31$42,381
Oct 201116810,09884.983.65$51,120
Sep 201114514,93383.623.99$71,645
Aug 20116516,07183.404.15$72,105
Jul 201110818,55494.144.52$93,980
Jun 20119117,13292.904.64$87,944
May 20117214,99398.134.40$73,107
Apr 20116714,112105.964.33$68,251
Mar 201141,59696.364.06$6,861
Feb 20110085.644.18$0
Jan 201115086.504.59$1,298
Dec 2010180085.734.35$15,431
Nov 201019121080.843.80$16,237
Oct 201018912,65678.103.51$59,169
Sep 201018213,39972.633.98$66,540
Aug 201018913,86773.684.42$75,209
Jul 201020013,96872.554.74$80,669
Jun 201018813,65770.364.91$80,289
May 201020314,08771.124.24$74,099
Apr 201020114,05181.694.12$74,348
Mar 201018815,70478.394.39$83,657
Feb 201040614,62773.585.44$109,479
Jan 201035116,46274.365.96$124,281
Dec 200920517,14371.445.48$108,653
Nov 200928916,12274.593.75$82,038
Oct 200920116,81572.544.11$83,694
Sep 200919017,50665.543.06$66,104
Aug 200945418,92567.423.22$91,519
Jul 200919919,08061.133.46$78,268
Jun 200920019,02566.163.90$87,334
May 200924718,85354.743.93$87,533
Apr 200943119,32346.773.59$89,479
Mar 200944221,23042.144.06$104,798
Feb 200951818,22732.814.63$101,441
Jan 200941219,98035.865.37$122,087
Dec 200838521,15937.105.98$140,754
Nov 200838220,13855.496.86$159,351
Oct 200856122,04375.246.92$194,791
Sep 200835522,425101.767.88$212,769
Aug 200872025,890114.228.48$301,864
Jul 200869728,062131.0811.39$410,973
Jun 200885928,620131.3313.03$485,806
May 200891131,006123.1711.57$471,080
Apr 20081,20639,200110.3110.45$542,864
Mar 200891334,314101.909.66$424,648
Feb 20080092.538.77$0
Jan 20080090.388.21$0
Dec 20070088.337.30$0
Nov 20070091.677.29$0
Oct 20070082.856.92$0
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            93 bbl  × $106.41 =     $9,896
Gas                7,937 Mcf  × $  3.05 =    $24,175

────────────────────────────────────────────────────
Month total                                  $34,071

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/236887 is the state's own key, not one this site invented.