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 237914District 09Field 65280200CondensateGasSaveExport
Value, all time
$1.8 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
CondensateDisposition752 bbl$66,788
GasProduction365,742 Mcf$1,705,732
Total$1,772,520

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 202006914.751.80$125
Mar 2020024530.341.86$455
Feb 2020010649.881.98$210
Jan 2020024557.252.09$513
Dec 2019031959.012.30$735
Nov 2019038955.302.75$1,070
Oct 2019018453.472.42$445
Sep 201901,92355.052.66$5,110
Aug 201902,77253.112.30$6,388
Jul 201903,01756.272.46$7,422
Jun 201903,22552.782.49$8,034
May 201903,45458.482.74$9,465
Apr 201903,14962.632.75$8,662
Mar 201901,90756.803.06$5,839
Feb 201901,84250.852.79$5,143
Jan 201902,15746.033.23$6,963
Dec 201803,19046.594.19$13,352
Nov 201803,01552.934.24$12,775
Oct 201803,55461.443.40$12,077
Sep 201803,60659.543.11$11,207
Aug 201803,76359.403.07$11,539
Jul 201804,04465.142.93$11,857
Jun 201803,49660.183.08$10,757
May 201804,06365.382.90$11,786
Apr 201803,81663.842.90$11,069
Mar 201803,82061.222.79$10,646
Feb 201802,58861.782.77$7,159
Jan 201803,95462.874.01$15,853
Dec 201703,33557.272.92$9,743
Nov 201702,52255.423.12$7,865
Oct 201702,25749.292.98$6,734
Sep 201704,14347.523.09$12,791
Aug 201703,57345.373.00$10,735
Jul 201704,13143.873.09$12,754
Jun 201702,36742.493.09$7,308
May 201702,82845.373.26$9,229
Apr 201702,50847.933.21$8,055
Mar 2017172,47746.772.98$8,186
Feb 201703,05350.452.95$9,014
Jan 201703,66649.413.42$12,533
Dec 201603,48548.763.72$12,974
Nov 201602,52042.492.64$6,664
Oct 201602,03046.193.09$6,273
Sep 201602,38541.553.10$7,395
Aug 201602,98741.442.92$8,735
Jul 201603,10941.622.92$9,092
Jun 201609,71745.352.69$26,098
May 20160042.521.99$0
Apr 201611036.561.99$402
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 201503449.822.71$92
Mar 2015061042.892.93$1,790
Feb 201501,92244.662.98$5,720
Jan 201501,86543.433.10$5,783
Dec 201401,78254.693.59$6,400
Nov 201401,52870.464.25$6,497
Oct 201401,12378.303.90$4,381
Sep 201401,49586.164.05$6,048
Aug 201401,86789.394.04$7,534
Jul 201401,65496.564.18$6,913
Jun 201401,88398.164.74$8,920
May 2014561,80194.734.73$13,817
Apr 201402,03195.944.81$9,767
Mar 201401,90995.895.06$9,653
Feb 201401,52197.406.19$9,418
Jan 201401,00390.404.86$4,875
Dec 2013087091.824.35$3,788
Nov 2013028788.853.74$1,073
Oct 20132239997.423.78$3,651
Sep 20130966104.113.72$3,591
Aug 201301,100104.253.52$3,875
Jul 201301,032102.523.72$3,837
Jun 201302,31594.403.93$9,106
May 201302,42994.834.15$10,078
Apr 201301,65893.964.28$7,101
Mar 2013054493.623.91$2,129
Feb 2013024391.233.42$831
Jan 201311,03291.603.42$3,621
Dec 2012391,69386.773.42$9,174
Nov 201201,84686.953.62$6,692
Oct 201201,94489.383.40$6,609
Sep 201201,76094.672.92$5,136
Aug 201201,98192.662.91$5,761
Jul 201201,86885.133.02$5,643
Jun 201211,83679.822.52$4,705
May 201212,27991.612.49$5,762
Apr 201202,651101.652.00$5,294
Mar 201202,839105.052.22$6,308
Feb 201202,533101.102.57$6,510
Jan 201212,70298.092.73$7,486
Dec 201112,75196.873.24$9,009
Nov 2011452,78995.723.31$13,543
Oct 201102,96684.983.65$10,822
Sep 201151,94783.623.99$8,178
Aug 201101,40783.404.15$5,838
Jul 201101,75894.144.52$7,941
Jun 201112,78592.904.64$13,015
May 201113,38598.134.40$15,008
Apr 201113,057105.964.33$13,353
Mar 201112,74096.364.06$11,213
Feb 201101,72785.644.18$7,219
Jan 201111,16786.504.59$5,442
Dec 2010084085.734.35$3,652
Nov 201003,86980.843.80$14,684
Oct 201014,61478.103.51$16,268
Sep 201002,82672.633.98$11,246
Aug 201003,06073.684.42$13,523
Jul 201002,97072.554.74$14,067
Jun 201012,98970.364.91$14,748
May 201003,11471.124.24$13,188
Apr 201012,23681.694.12$9,300
Mar 2010631,47378.394.39$11,403
Feb 201001,48473.585.44$8,076
Jan 201002,22174.365.96$13,246
Dec 200911,99671.445.48$11,017
Nov 200902,71674.593.75$10,189
Oct 200902,37372.544.11$9,754
Sep 200903,35465.543.06$10,279
Aug 200903,35567.423.22$10,798
Jul 200903,14061.133.46$10,879
Jun 200901,77866.163.90$6,925
May 2009652,74654.743.93$14,338
Apr 200903,85746.773.59$13,837
Mar 2009025542.144.06$1,035
Feb 200901,21132.814.63$5,611
Jan 20090035.865.37$0
Dec 20080037.105.98$0
Nov 2008552,52755.496.86$20,388
Oct 200803,56675.246.92$24,684
Sep 20081481,139101.767.88$24,032
Aug 200803,046114.228.48$25,839
Jul 200804,252131.0811.39$48,428
Jun 2008775,025131.3313.03$75,601
May 200805,026123.1711.57$58,172
Apr 200804,901110.3110.45$51,239
Mar 200806,749101.909.66$65,223
Feb 200805,38292.538.77$47,203
Jan 2008727,27490.388.21$66,196
Dec 2007638,60088.337.30$68,362
Nov 2007010,36391.677.29$75,564
Oct 2007017,09682.856.92$118,338
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.

Apr 2020 — as filed, then multipliedworked
Condensate             0 bbl  × $ 14.75 =         $0
Gas                   69 Mcf  × $  1.80 =       $125

────────────────────────────────────────────────────
Month total                                     $125

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/237914 is the state's own key, not one this site invented.