BUBBS 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 237630District 09Field 65280200CondensateGasSaveExport
Value, all time
$6.3 M
Jun 2007 – May 2026
Value, last 12 filed months
$133 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
CondensateDisposition17,009 bbl$1,305,095
GasProduction1,093,071 Mcf$4,993,906
Total$6,299,000

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 202603,730106.413.05$11,361
Apr 202603,51998.932.87$10,099
Mar 202603,47389.753.15$10,938
Feb 202601,97263.503.75$7,396
Jan 202602,40259.138.00$19,211
Dec 2025111,18456.664.41$5,849
Nov 202503,04458.593.93$11,952
Oct 2025103,08559.383.30$10,789
Sep 2025283,08662.743.08$11,252
Aug 2025103,28963.933.01$10,555
Jul 202503,67466.743.32$12,180
Jun 202503,59866.483.13$11,257
May 202503,72460.553.23$12,037
Apr 202593,51262.363.54$13,005
Mar 202502,57967.704.27$11,008
Feb 2025049470.884.34$2,144
Jan 20251012974.324.28$1,295
Dec 2024065268.993.12$2,035
Nov 2024073469.052.20$1,614
Oct 202441,66771.372.28$4,089
Sep 202401,10369.612.36$2,608
Aug 202401,33275.632.06$2,749
Jul 202481,08679.932.15$2,971
Jun 202402,53178.082.63$6,667
May 202493,30678.812.20$7,977
Apr 2024103,45784.451.66$6,580
Mar 2024103,68080.301.55$6,489
Feb 202402,27276.091.78$4,052
Jan 202403,08373.023.30$10,167
Dec 202303,25471.262.61$8,495
Nov 2023103,42777.892.81$10,400
Oct 202303,25285.443.09$10,040
Sep 2023103,44089.042.74$10,299
Aug 202303,11180.522.67$8,315
Jul 2023103,61274.852.64$10,291
Jun 202303,35168.962.26$7,568
May 202303,17370.622.23$7,068
Apr 2023103,43778.122.24$8,472
Mar 2023103,42972.852.39$8,935
Feb 202303,32275.112.47$8,191
Jan 2023103,54876.533.39$12,785
Dec 202293,47176.415.73$20,573
Nov 2022103,50485.005.65$20,634
Oct 2022103,84587.185.86$23,418
Sep 202203,66984.888.16$29,953
Aug 202293,96394.529.13$37,022
Jul 202204,008101.587.54$30,229
Jun 202293,752115.097.98$30,966
May 2022103,924109.378.43$34,185
Apr 202203,514104.226.84$24,027
Mar 2022203,768108.885.08$21,305
Feb 2022103,53891.054.86$18,101
Jan 2022103,78081.844.54$17,971
Dec 202103,84871.323.90$15,004
Nov 2021153,72477.435.24$20,663
Oct 202133,95579.795.71$22,838
Sep 202132,76969.865.35$15,026
Aug 2021144,18266.024.22$18,575
Jul 2021154,05670.783.98$17,213
Jun 2021153,82669.493.38$13,977
May 2021173,96863.483.02$13,053
Apr 2021223,62860.362.76$11,335
Mar 2021123,88461.302.72$11,288
Feb 2021333,73557.805.55$22,629
Jan 202153,65550.412.81$10,524
Dec 2020103,45444.642.68$9,687
Nov 2020523,55338.772.71$11,632
Oct 2020293,78936.972.48$10,463
Sep 20201343,75037.091.99$12,436
Aug 202033,82239.982.39$9,236
Jul 2020143,95338.371.83$7,752
Jun 2020173,87934.901.69$7,150
May 2020214,00516.921.81$7,623
Apr 20201253,95414.751.80$8,978
Mar 20201584,17730.341.86$12,547
Feb 2020313,77249.881.98$9,017
Jan 2020833,88457.252.09$12,888
Dec 2019763,64659.012.30$12,886
Nov 20191353,75255.302.75$17,786
Oct 2019383,86553.472.42$11,380
Sep 2019453,88055.052.66$12,788
Aug 2019253,98653.112.30$10,513
Jul 201904,03656.272.46$9,929
Jun 20191564,16552.782.49$18,610
May 20191373,96258.482.74$18,869
Apr 2019874,21462.632.75$17,040
Mar 2019914,22356.803.06$18,100
Feb 2019263,73350.852.79$11,745
Jan 2019384,90346.033.23$17,577
Dec 2018724,68746.594.19$22,972
Nov 2018195,24352.934.24$23,222
Oct 2018615,41861.443.40$22,159
Sep 20181034,92659.543.11$21,443
Aug 2018854,60259.403.07$19,161
Jul 20181144,55765.142.93$20,787
Jun 2018644,45960.183.08$17,572
May 2018884,90065.382.90$19,967
Apr 2018764,80363.842.90$18,784
Mar 2018934,87261.222.79$19,271
Feb 20181374,46861.782.77$20,823
Jan 2018754,87862.874.01$24,273
Dec 2017974,69257.272.92$19,263
Nov 2017544,62955.423.12$17,428
Oct 20171334,92949.292.98$21,262
Sep 2017894,79647.523.09$19,036
Aug 20171135,07345.373.00$20,368
Jul 2017705,05943.873.09$18,689
Jun 2017914,91142.493.09$19,028
May 2017495,23845.373.26$19,317
Apr 2017395,12047.933.21$18,313
Mar 2017585,29046.772.98$18,496
Feb 2017544,76450.452.95$16,790
Jan 2017505,49549.413.42$21,257
Dec 2016715,46048.763.72$23,789
Nov 2016675,51542.492.64$17,430
Oct 2016185,25546.193.09$17,071
Sep 2016153,50041.553.10$11,475
Aug 2016152,51341.442.92$7,970
Jul 2016321,12941.622.92$4,633
Jun 2016590945.352.69$2,668
May 20160042.521.99$0
Apr 20160036.561.99$0
Mar 20160033.011.79$0
Feb 20160126.472.06$2
Jan 20160127.352.36$2
Dec 20150132.362.00$2
Nov 20150038.792.17$0
Oct 20150343.552.43$7
Sep 20150042.992.76$0
Aug 20150040.162.87$0
Jul 20150048.152.95$0
Jun 20150056.152.88$0
May 20151055.212.96$55
Apr 201512049.822.71$598
Mar 20157770842.892.93$5,380
Feb 2015623,47844.662.98$13,120
Jan 2015734,09143.433.10$15,855
Dec 2014964,01354.693.59$19,662
Nov 2014413,80470.464.25$19,063
Oct 2014284,19378.303.90$18,549
Sep 2014364,00986.164.05$19,320
Aug 2014544,47289.394.04$22,872
Jul 2014464,61696.564.18$23,735
Jun 2014414,10398.164.74$23,460
May 2014273,98094.734.73$21,369
Apr 2014744,10395.944.81$26,831
Mar 2014894,42595.895.06$30,911
Feb 2014832,96397.406.19$26,431
Jan 2014813,31190.404.86$23,416
Dec 2013923,56391.824.35$23,962
Nov 20131193,91088.853.74$25,190
Oct 20131824,15997.423.78$33,449
Sep 20131054,395104.113.72$27,271
Aug 2013334,544104.253.52$19,447
Jul 20131335,055102.523.72$32,428
Jun 2013205,14594.403.93$22,125
May 20131005,08794.834.15$30,589
Apr 2013355,00693.964.28$24,727
Mar 2013445,28593.623.91$24,799
Feb 2013444,11091.233.42$18,070
Jan 2013193,55691.603.42$13,902
Dec 20121088586.773.42$3,895
Nov 201214,30086.953.62$15,674
Oct 201205,08889.383.40$17,298
Sep 201204,76094.672.92$13,892
Aug 201215,87092.662.91$17,164
Jul 201206,55385.133.02$19,795
Jun 201206,07379.822.52$15,298
May 201256,18091.612.49$15,836
Apr 2012864,353101.652.00$17,434
Mar 2012864,838105.052.22$19,785
Feb 2012925,011101.102.57$22,181
Jan 2012664,77398.092.73$19,524
Dec 20111305,76196.873.24$31,257
Nov 2011585,35195.723.31$23,270
Oct 2011686,23284.983.65$28,516
Sep 2011656,03483.623.99$29,486
Aug 2011555,87383.404.15$28,956
Jul 2011637,80394.144.52$41,179
Jun 2011758,75292.904.64$47,576
May 2011988,10498.134.40$45,313
Apr 20111097,591105.964.33$44,444
Mar 20111168,22496.364.06$44,545
Feb 2011875,60885.644.18$30,892
Jan 20111456,33286.504.59$41,599
Dec 20101126,82385.734.35$39,266
Nov 20101056,31480.843.80$32,452
Oct 20101087,68578.103.51$35,401
Sep 201018110,23472.633.98$53,872
Aug 201011311,01073.684.42$56,983
Jul 20101418,28972.554.74$49,490
Jun 20101537,89970.364.91$49,552
May 20102517,66871.124.24$50,327
Apr 20101228,34381.694.12$44,362
Mar 2010979,02778.394.39$47,220
Feb 20101058,98773.585.44$56,636
Jan 201014311,70174.365.96$80,419
Dec 200913010,27471.445.48$65,627
Nov 20091178,25174.593.75$39,681
Oct 20091368,53372.544.11$44,938
Sep 20091358,74965.543.06$35,661
Aug 20091449,12067.423.22$39,061
Jul 20091218,87461.133.46$38,141
Jun 200919110,36466.163.90$53,004
May 200920111,94154.743.93$57,880
Apr 200923010,38046.773.59$47,995
Mar 200931812,37742.144.06$63,639
Feb 200926310,01832.814.63$55,042
Jan 20092468,25635.865.37$53,165
Dec 200830810,57737.105.98$74,647
Nov 200833210,32655.496.86$89,263
Oct 200830810,37675.246.92$94,996
Sep 20081695,280101.767.88$58,788
Aug 200835713,038114.228.48$151,378
Jul 20081684,579131.0811.39$74,174
Jun 200837813,901131.3313.03$230,809
May 200840914,272123.1711.57$215,565
Apr 200846614,169110.3110.45$199,539
Mar 200849915,945101.909.66$204,942
Feb 200844814,29392.538.77$166,811
Jan 200864115,83090.388.21$187,830
Dec 20071,06921,72888.337.30$253,082
Nov 200726319,03591.677.29$162,907
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             0 bbl  × $106.41 =         $0
Gas                3,730 Mcf  × $  3.05 =    $11,361

────────────────────────────────────────────────────
Month total                                  $11,361

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/237630 is the state's own key, not one this site invented.