COLONEL FLAGG 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 237963District 09Field 65280200CondensateGasSaveExport
Value, all time
$2.5 M
Jun 2007 – May 2026
Value, last 12 filed months
$68 k
at the published price for each month
Months reported
225
3 months not filed
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
CondensateDisposition505 bbl$47,171
GasProduction541,192 Mcf$2,478,789
Total$2,525,960

Every month this lease reported (225)

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

225 months

May 202601,679106.413.05$5,114
Apr 202611,69498.932.87$4,960
Mar 202601,64889.753.15$5,190
Feb 202601,44063.503.75$5,400
Jan 202601,48759.138.00$11,893
Dec 202501,50156.664.41$6,624
Nov 202501,57858.593.93$6,196
Oct 202501,33359.383.30$4,405
Sep 202501,19662.743.08$3,680
Aug 202501,20463.933.01$3,630
Jul 202502,04566.743.32$6,780
Jun 202501,21066.483.13$3,786
May 202502,07960.553.23$6,720
Apr 202521,48762.363.54$5,393
Mar 202501,68467.704.27$7,188
Feb 202511,38570.884.34$6,083
Jan 202511,69274.324.28$7,314
Dec 202421,64268.993.12$5,263
Nov 202401,56369.052.20$3,436
Oct 202401,65271.372.28$3,769
Sep 202421,55469.612.36$3,813
Aug 202401,64875.632.06$3,401
Jul 2024295779.932.15$2,214
Jun 2024090178.082.63$2,373
May 202421,35178.812.20$3,128
Apr 202421,43084.451.66$2,542
Mar 202421,66380.301.55$2,730
Feb 202441,48076.091.78$2,944
Jan 202421,58373.023.30$5,366
Dec 202311,45771.262.61$3,875
Nov 202301,63677.892.81$4,593
Oct 202371,79385.443.09$6,134
Sep 202311,63689.042.74$4,564
Aug 202301,68280.522.67$4,496
Jul 202301,47874.852.64$3,905
Jun 202301,25768.962.26$2,839
May 2023180570.622.23$1,864
Apr 202321,32778.122.24$3,126
Mar 202352,19272.852.39$5,610
Feb 202331,68775.112.47$4,385
Jan 202311,85076.533.39$6,344
Dec 202211,79576.415.73$10,360
Nov 202201,75085.005.65$9,881
Oct 202211,64487.185.86$9,727
Sep 202211,59784.888.16$13,122
Aug 202201,46694.529.13$13,380
Jul 202231,863101.587.54$14,356
Jun 202201,838115.097.98$14,662
May 202251,739109.378.43$15,212
Apr 202241,724104.226.84$12,205
Mar 2022511,853108.885.08$14,959
Feb 2022471,70991.054.86$12,583
Jan 202201,95981.844.54$8,889
Dec 202102,34271.323.90$9,132
Nov 202101,54877.435.24$8,107
Oct 202102,11379.795.71$12,073
Sep 202101,97069.865.35$10,541
Aug 202101,74166.024.22$7,348
Jul 202101,77670.783.98$7,072
Jun 202101,77169.493.38$5,987
May 202101,80263.483.02$5,438
Apr 202101,75160.362.76$4,830
Mar 202101,83061.302.72$4,972
Feb 202101,99657.805.55$11,074
Jan 202101,98150.412.81$5,567
Dec 202001,95644.642.68$5,233
Nov 202001,93738.772.71$5,243
Oct 202001,98036.972.48$4,907
Sep 202001,93237.091.99$3,847
Aug 202002,35639.982.39$5,619
Jul 202002,15838.371.83$3,939
Jun 202002,15134.901.69$3,636
May 202002,09416.921.81$3,800
Apr 202001,91314.751.80$3,452
Mar 202001,95930.341.86$3,636
Feb 202001,86649.881.98$3,696
Jan 202002,05957.252.09$4,313
Dec 201902,02959.012.30$4,676
Nov 201902,03255.302.75$5,589
Oct 201902,17253.472.42$5,253
Sep 201902,10455.052.66$5,591
Aug 201902,31953.112.30$5,344
Jul 201902,43256.272.46$5,983
Jun 201901,95652.782.49$4,873
May 201902,04658.482.74$5,607
Apr 201902,08762.632.75$5,741
Mar 201901,94456.803.06$5,953
Feb 201901,95850.852.79$5,467
Jan 201902,04746.033.23$6,608
Dec 201801,94846.594.19$8,153
Nov 201801,86352.934.24$7,894
Oct 201801,80361.443.40$6,127
Sep 201802,14259.543.11$6,657
Aug 201802,34659.403.07$7,194
Jul 201802,50465.142.93$7,341
Jun 201802,73560.183.08$8,415
May 201801,03265.382.90$2,994
Apr 201802,56263.842.90$7,432
Mar 201802,61161.222.79$7,276
Feb 201802,20561.782.77$6,099
Jan 201802,30862.874.01$9,254
Dec 201702,35557.272.92$6,880
Nov 201702,68655.423.12$8,376
Oct 201702,86749.292.98$8,554
Sep 201702,85947.523.09$8,827
Aug 201702,85345.373.00$8,572
Jul 201702,90443.873.09$8,965
Jun 201702,78042.493.09$8,583
May 201703,17445.373.26$10,358
Apr 201702,87847.933.21$9,243
Mar 201703,19246.772.98$9,524
Feb 201702,98950.452.95$8,825
Jan 201703,36149.413.42$11,491
Dec 201603,03848.763.72$11,310
Nov 201601,62242.492.64$4,289
Oct 201601,19146.193.09$3,681
Sep 201601,08641.553.10$3,367
Aug 201604,56441.442.92$13,347
Jul 201603,23941.622.92$9,472
Jun 201603,90245.352.69$10,480
May 201601,58242.521.99$3,150
Apr 201642036.561.99$1,536
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 20150249.822.71$5
Mar 2015050342.892.93$1,476
Feb 201502,43944.662.98$7,259
Jan 201502,85143.433.10$8,840
Dec 201402,76254.693.59$9,919
Nov 201401,38670.464.25$5,893
Oct 2014045978.303.90$1,791
Sep 2014043586.164.05$1,760
Aug 2014037889.394.04$1,525
Jul 2014019496.564.18$811
Jun 2014038598.164.74$1,824
May 2014047594.734.73$2,245
Apr 2014087595.944.81$4,208
Mar 201401,83695.895.06$9,284
Feb 201402,58497.406.19$16,000
Jan 201404,08690.404.86$19,861
Dec 201303,46591.824.35$15,088
Nov 2013423,61588.853.74$17,246
Oct 201303,72297.423.78$14,067
Sep 201303,535104.113.72$13,142
Aug 201303,690104.253.52$12,998
Jul 201313,931102.523.72$14,717
Jun 201303,81994.403.93$15,022
May 201304,06894.834.15$16,878
Apr 201303,92293.964.28$16,796
Mar 201314,15793.623.91$16,359
Feb 201304,25591.233.42$14,552
Jan 201315,04091.603.42$17,328
Dec 201201,94986.773.42$6,666
Nov 201203,01886.953.62$10,940
Oct 2012292,58089.383.40$11,363
Sep 201203,16594.672.92$9,237
Aug 201202,95892.662.91$8,602
Jul 201203,08285.133.02$9,310
Jun 201213,30779.822.52$8,410
May 201212,50391.612.49$6,320
Apr 201211,579101.652.00$3,255
Mar 201211,563105.052.22$3,578
Feb 2012422,265101.102.57$10,068
Jan 201202,28898.092.73$6,256
Dec 201132,93496.873.24$9,796
Nov 201102,37995.723.31$7,878
Oct 201102,45884.983.65$8,968
Sep 201102,38683.623.99$9,510
Aug 201102,13083.404.15$8,838
Jul 201101,74294.144.52$7,869
Jun 201102,77492.904.64$12,871
May 201102,15198.134.40$9,475
Apr 201102,607105.964.33$11,297
Mar 201102,86296.364.06$11,612
Feb 201103,72985.644.18$15,587
Jan 201102,03486.504.59$9,334
Dec 201003,03385.734.35$13,187
Nov 201002,93080.843.80$11,120
Oct 201013,06078.103.51$10,815
Sep 201002,93872.633.98$11,692
Aug 201003,46973.684.42$15,331
Jul 201003,27072.554.74$15,488
Jun 201003,26270.364.91$16,018
May 201012,14571.124.24$9,156
Apr 201022,78681.694.12$11,649
Mar 201003,81778.394.39$16,752
Feb 201003,38973.585.44$18,444
Jan 201003,96174.365.96$23,624
Dec 200903,66971.445.48$20,120
Nov 200903,56774.593.75$13,382
Oct 200902,99172.544.11$12,294
Sep 200903,71565.543.06$11,386
Aug 200914,19567.423.22$13,569
Jul 200904,71361.133.46$16,328
Jun 200914,50166.163.90$17,598
May 200934,06054.743.93$16,103
Apr 200904,41946.773.59$15,853
Mar 200906,50242.144.06$26,392
Feb 200905,78932.814.63$26,820
Jan 200925,88835.865.37$31,696
Dec 200804,66337.105.98$27,871
Nov 200804,68555.496.86$32,141
Oct 2008379,38875.246.92$67,767
Sep 200840308101.767.88$6,497
Aug 200801,152114.228.48$9,772
Jul 200806,147131.0811.39$70,011
Jun 2008737,984131.3313.03$113,640
May 200809,839123.1711.57$113,879
Apr 2008014,789110.3110.45$154,617
Mar 20082224,064101.909.66$234,798
Feb 20080092.538.77$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

Not filed, and not zero: Nov 2007 – Jan 2008 (3 months). The Railroad Commission holds no report for those months, so this page shows none — a zero would state that the lease produced nothing.

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                1,679 Mcf  × $  3.05 =     $5,114

────────────────────────────────────────────────────
Month total                                   $5,114

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/237963 is the state's own key, not one this site invented.