NOEL

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 237913District 09Field 65280200CondensateGasSaveExport
Value, all time
$2.0 M
Jun 2007 – May 2026
Value, last 12 filed months
$0
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
CondensateDisposition597 bbl$48,639
GasProduction397,683 Mcf$1,929,399
Total$1,978,038

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 202600106.413.05$0
Apr 20260098.932.87$0
Mar 20260089.753.15$0
Feb 20260063.503.75$0
Jan 20260059.138.00$0
Dec 20250056.664.41$0
Nov 20250058.593.93$0
Oct 20250059.383.30$0
Sep 20250062.743.08$0
Aug 20250063.933.01$0
Jul 20250066.743.32$0
Jun 20250066.483.13$0
May 20250060.553.23$0
Apr 20250062.363.54$0
Mar 20250067.704.27$0
Feb 20250070.884.34$0
Jan 20250074.324.28$0
Dec 20240068.993.12$0
Nov 20240069.052.20$0
Oct 20240071.372.28$0
Sep 20240069.612.36$0
Aug 20240075.632.06$0
Jul 20240079.932.15$0
Jun 20240078.082.63$0
May 20240078.812.20$0
Apr 20240084.451.66$0
Mar 20240080.301.55$0
Feb 20240076.091.78$0
Jan 20240073.023.30$0
Dec 20230071.262.61$0
Nov 20230077.892.81$0
Oct 20230085.443.09$0
Sep 20230089.042.74$0
Aug 20230080.522.67$0
Jul 20230074.852.64$0
Jun 20230068.962.26$0
May 20230070.622.23$0
Apr 20230078.122.24$0
Mar 20230072.852.39$0
Feb 20230075.112.47$0
Jan 20230076.533.39$0
Dec 20220076.415.73$0
Nov 20220085.005.65$0
Oct 20220087.185.86$0
Sep 20220084.888.16$0
Aug 20220094.529.13$0
Jul 202200101.587.54$0
Jun 202200115.097.98$0
May 202200109.378.43$0
Apr 202200104.226.84$0
Mar 202200108.885.08$0
Feb 20220091.054.86$0
Jan 20220081.844.54$0
Dec 20210071.323.90$0
Nov 20210077.435.24$0
Oct 20210079.795.71$0
Sep 20210069.865.35$0
Aug 20210066.024.22$0
Jul 20210070.783.98$0
Jun 20210069.493.38$0
May 20210063.483.02$0
Apr 20210060.362.76$0
Mar 20210061.302.72$0
Feb 20210057.805.55$0
Jan 20210050.412.81$0
Dec 20200044.642.68$0
Nov 20200038.772.71$0
Oct 20200036.972.48$0
Sep 20200037.091.99$0
Aug 20200039.982.39$0
Jul 20200038.371.83$0
Jun 20200034.901.69$0
May 20200016.921.81$0
Apr 20200014.751.80$0
Mar 20200030.341.86$0
Feb 20200049.881.98$0
Jan 20200057.252.09$0
Dec 20190059.012.30$0
Nov 20190055.302.75$0
Oct 20190053.472.42$0
Sep 20190055.052.66$0
Aug 20190053.112.30$0
Jul 20190056.272.46$0
Jun 20190052.782.49$0
May 20190058.482.74$0
Apr 20190062.632.75$0
Mar 20190056.803.06$0
Feb 20190050.852.79$0
Jan 20190046.033.23$0
Dec 20180046.594.19$0
Nov 20180652.934.24$25
Oct 201807961.443.40$268
Sep 20180459.543.11$12
Aug 20180059.403.07$0
Jul 20180065.142.93$0
Jun 20180160.183.08$3
May 201805765.382.90$165
Apr 201806463.842.90$186
Mar 201801861.222.79$50
Feb 201802361.782.77$64
Jan 201802862.874.01$112
Dec 2017026757.272.92$780
Nov 2017026755.423.12$833
Oct 2017057649.292.98$1,719
Sep 2017096247.523.09$2,970
Aug 2017088945.373.00$2,671
Jul 201701,35843.873.09$4,193
Jun 201701,68542.493.09$5,202
May 201701,65345.373.26$5,394
Apr 201701,84147.933.21$5,913
Mar 2017172,30346.772.98$7,667
Feb 201701,51350.452.95$4,467
Jan 2017041749.413.42$1,426
Dec 2016095348.763.72$3,548
Nov 201602,31942.492.64$6,132
Oct 201603,32346.193.09$10,269
Sep 201602,95141.553.10$9,150
Aug 201603,34141.442.92$9,770
Jul 201603,15441.622.92$9,223
Jun 201601,46645.352.69$3,937
May 20160042.521.99$0
Apr 20163236.561.99$114
Mar 20160033.011.79$0
Feb 20160326.472.06$6
Jan 20160127.352.36$2
Dec 20150232.362.00$4
Nov 20150038.792.17$0
Oct 20150243.552.43$5
Sep 20150042.992.76$0
Aug 20150040.162.87$0
Jul 20150048.152.95$0
Jun 20150356.152.88$9
May 20150055.212.96$0
Apr 201503049.822.71$81
Mar 201507942.892.93$232
Feb 201502,29144.662.98$6,818
Jan 201502,70843.433.10$8,397
Dec 201402,73254.693.59$9,812
Nov 201402,64470.464.25$11,242
Oct 201403,41578.303.90$13,322
Sep 201403,26586.164.05$13,208
Aug 201403,17689.394.04$12,816
Jul 201403,20096.564.18$13,375
Jun 201403,04198.164.74$14,405
May 2014563,47794.734.73$21,739
Apr 201403,21495.944.81$15,457
Mar 201402,40095.895.06$12,136
Feb 201402,36097.406.19$14,613
Jan 201402,83290.404.86$13,766
Dec 201303,59291.824.35$15,641
Nov 201303,75188.853.74$14,022
Oct 2013223,85397.423.78$16,705
Sep 201303,799104.113.72$14,124
Aug 201304,055104.253.52$14,284
Jul 201304,079102.523.72$15,165
Jun 201303,42294.403.93$13,460
May 201303,62294.834.15$15,028
Apr 201303,51493.964.28$15,049
Mar 201304,20793.623.91$16,461
Feb 201304,37391.233.42$14,955
Jan 201313,99091.603.42$13,737
Dec 2012423,73386.773.42$16,412
Nov 201203,58686.953.62$12,999
Oct 201203,71389.383.40$12,623
Sep 201203,57894.672.92$10,442
Aug 201203,56692.662.91$10,371
Jul 201203,67485.133.02$11,098
Jun 201213,67179.822.52$9,327
May 201223,56491.612.49$9,052
Apr 201203,032101.652.00$6,054
Mar 201213,348105.052.22$7,545
Feb 201202,965101.102.57$7,621
Jan 201213,35398.092.73$9,265
Dec 201103,06096.873.24$9,914
Nov 2011503,41095.723.31$16,077
Oct 201103,92684.983.65$14,324
Sep 201104,71383.623.99$18,785
Aug 201105,15583.404.15$21,390
Jul 201104,56294.144.52$20,608
Jun 201103,71892.904.64$17,251
May 201103,96298.134.40$17,452
Apr 201103,090105.964.33$13,390
Mar 201103,67096.364.06$14,890
Feb 201104,52385.644.18$18,906
Jan 201115,06386.504.59$23,319
Dec 201005,14685.734.35$22,374
Nov 201002,78880.843.80$10,581
Oct 201012,75578.103.51$9,745
Sep 201004,33672.633.98$17,255
Aug 201004,45673.684.42$19,693
Jul 201004,85272.554.74$22,981
Jun 201014,82570.364.91$23,763
May 201004,08671.124.24$17,305
Apr 201014,21081.694.12$17,438
Mar 2010693,28978.394.39$19,843
Feb 201001,59273.585.44$8,664
Jan 201003,81674.365.96$22,759
Dec 200912,87571.445.48$15,837
Nov 200903,72774.593.75$13,982
Oct 200904,96372.544.11$20,399
Sep 200905,03565.543.06$15,431
Aug 200905,13767.423.22$16,533
Jul 200903,33261.133.46$11,544
Jun 200906,19866.163.90$24,141
May 2009875,01854.743.93$24,462
Apr 200905,48046.773.59$19,660
Mar 200904,90342.144.06$19,901
Feb 200906,22532.814.63$28,840
Jan 200905,88735.865.37$31,619
Dec 200806,71437.105.98$40,131
Nov 2008665,26455.496.86$39,775
Oct 200806,26775.246.92$43,380
Sep 2008786,225101.767.88$56,972
Aug 200805,790114.228.48$49,117
Jul 200806,233131.0811.39$70,990
Jun 2008146,489131.3313.03$86,407
May 200806,067123.1711.57$70,221
Apr 200805,751110.3110.45$60,126
Mar 200803,174101.909.66$30,674
Feb 20080092.538.77$0
Jan 200828090.388.21$2,531
Dec 200754088.337.30$4,770
Nov 2007017,01591.677.29$124,068
Oct 200708,47682.856.92$58,671
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.

Nov 2018 — as filed, then multipliedworked
Condensate             0 bbl  × $ 52.93 =         $0
Gas                    6 Mcf  × $  4.24 =        $25

────────────────────────────────────────────────────
Month total                                      $25

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/237913 is the state's own key, not one this site invented.