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 238262District 09Field 65280200CondensateGasSaveExport
Value, all time
$4.7 M
Jun 2007 – May 2026
Value, last 12 filed months
$21 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
CondensateDisposition11,628 bbl$939,572
GasProduction825,112 Mcf$3,762,748
Total$4,702,321

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 20256056.664.41$340
Nov 20250058.593.93$0
Oct 2025722659.383.30$1,163
Sep 20252355362.743.08$14,907
Aug 20251056263.933.01$2,334
Jul 2025051166.743.32$1,694
Jun 202507366.483.13$228
May 2025033660.553.23$1,086
Apr 2025935462.363.54$1,816
Mar 20250067.704.27$0
Feb 20250070.884.34$0
Jan 202510074.324.28$743
Dec 20240068.993.12$0
Nov 20240069.052.20$0
Oct 20244071.372.28$285
Sep 20240069.612.36$0
Aug 202406075.632.06$124
Jul 20248079.932.15$639
Jun 20240078.082.63$0
May 20249078.812.20$709
Apr 202410084.451.66$845
Mar 202410080.301.55$803
Feb 20240076.091.78$0
Jan 2024027973.023.30$920
Dec 2023040371.262.61$1,052
Nov 202310077.892.81$779
Oct 20230085.443.09$0
Sep 2023103589.042.74$986
Aug 20230080.522.67$0
Jul 202310074.852.64$749
Jun 20230068.962.26$0
May 202302170.622.23$47
Apr 20231032478.122.24$1,506
Mar 20231024172.852.39$1,305
Feb 2023020475.112.47$503
Jan 20231036876.533.39$2,012
Dec 2022917276.415.73$1,673
Nov 20221025585.005.65$2,290
Oct 20221024687.185.86$2,314
Sep 20220084.888.16$0
Aug 20229094.529.13$851
Jul 202200101.587.54$0
Jun 202290115.097.98$1,036
May 2022100109.378.43$1,094
Apr 202200104.226.84$0
Mar 202220147108.885.08$2,924
Feb 20221020191.054.86$1,887
Jan 20221044081.844.54$2,815
Dec 2021018371.323.90$714
Nov 2021145877.435.24$1,388
Oct 20211079.795.71$80
Sep 20211069.865.35$70
Aug 202106066.024.22$253
Jul 2021385670.783.98$3,621
Jun 202161,61569.493.38$5,877
May 202161,37663.483.02$4,533
Apr 202181,43460.362.76$4,438
Mar 202101,73561.302.72$4,714
Feb 202101,08057.805.55$5,992
Jan 202101,80350.412.81$5,067
Dec 202001,39944.642.68$3,743
Nov 202001,13038.772.71$3,058
Oct 202001,42736.972.48$3,537
Sep 202002,46037.091.99$4,898
Aug 202001,87939.982.39$4,482
Jul 202003,18938.371.83$5,820
Jun 202002,18234.901.69$3,688
May 202001,51616.921.81$2,751
Apr 2020083014.751.80$1,498
Mar 2020068030.341.86$1,262
Feb 2020033849.881.98$669
Jan 2020094257.252.09$1,973
Dec 201902,72059.012.30$6,268
Nov 2019064255.302.75$1,766
Oct 201901,37253.472.42$3,318
Sep 201901,03155.052.66$2,740
Aug 2019028153.112.30$648
Jul 20190056.272.46$0
Jun 2019095952.782.49$2,389
May 2019041358.482.74$1,132
Apr 2019036662.632.75$1,007
Mar 2019062456.803.06$1,911
Feb 2019033750.852.79$941
Jan 201904246.033.23$136
Dec 2018079646.594.19$3,332
Nov 2018096052.934.24$4,068
Oct 201801,11061.443.40$3,772
Sep 2018077659.543.11$2,412
Aug 2018085959.403.07$2,634
Jul 201801,15065.142.93$3,372
Jun 201801,33260.183.08$4,098
May 201801,26465.382.90$3,667
Apr 201801,61663.842.90$4,688
Mar 201801,74861.222.79$4,871
Feb 201802,11261.782.77$5,842
Jan 201802,59262.874.01$10,392
Dec 201702,35257.272.92$6,871
Nov 201703,04455.423.12$9,492
Oct 201702,68449.292.98$8,008
Sep 201701,38947.523.09$4,288
Aug 201703,09345.373.00$9,293
Jul 201702,93043.873.09$9,046
Jun 201703,11242.493.09$9,608
May 201703,55245.373.26$11,592
Apr 201703,79647.933.21$12,191
Mar 201702,88146.772.98$8,596
Feb 201703,55550.452.95$10,496
Jan 201704,93149.413.42$16,858
Dec 201605,17948.763.72$19,281
Nov 201605,02042.492.64$13,275
Oct 2016225,92246.193.09$19,317
Sep 2016225,17141.553.10$16,947
Aug 2016406,46841.442.92$20,572
Jul 201683,24741.622.92$9,828
Jun 2016162,90845.352.69$8,536
May 20160042.521.99$0
Apr 20160036.561.99$0
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 20150049.822.71$0
Mar 2015086442.892.93$2,536
Feb 201504,96544.662.98$14,777
Jan 201505,66943.433.10$17,577
Dec 201405,71554.693.59$20,525
Nov 201405,55470.464.25$23,615
Oct 201404,41778.303.90$17,231
Sep 201404,61586.164.05$18,670
Aug 201405,23589.394.04$21,124
Jul 201404,87496.564.18$20,371
Jun 201404,47198.164.74$21,179
May 201405,36394.734.73$25,349
Apr 201405,54395.944.81$26,657
Mar 201406,27495.895.06$31,726
Feb 2014164,18397.406.19$27,460
Jan 2014484,96790.404.86$28,482
Dec 2013644,49491.824.35$25,446
Nov 2013645,42688.853.74$25,970
Oct 2013986,07397.423.78$32,499
Sep 2013576,156104.113.72$28,821
Aug 201365,225104.253.52$19,031
Jul 201326,638102.523.72$24,883
Jun 201315,91294.403.93$23,349
May 201316,57294.834.15$27,363
Apr 201315,99393.964.28$25,760
Mar 201315,92693.623.91$23,281
Feb 201315,52091.233.42$18,969
Jan 201325,46191.603.42$18,859
Dec 201215,95286.773.42$20,444
Nov 201225,94186.953.62$21,710
Oct 201205,84589.383.40$19,871
Sep 201205,06394.672.92$14,776
Aug 201215,03192.662.91$14,724
Jul 201234,39085.133.02$13,517
Jun 201214,73779.822.52$12,013
May 201207,05691.612.49$17,558
Apr 201206,787101.652.00$13,552
Mar 201207,579105.052.22$16,841
Feb 2012587,536101.102.57$25,233
Jan 2012656,32998.092.73$23,680
Dec 20111456,82896.873.24$36,167
Nov 2011766,54195.723.31$28,934
Oct 2011837,75184.983.65$35,333
Sep 2011627,56183.623.99$35,321
Aug 2011586,89083.404.15$33,426
Jul 2011637,59994.144.52$40,257
Jun 2011747,99492.904.64$43,966
May 2011879,18098.134.40$48,974
Apr 2011828,260105.964.33$44,482
Mar 2011984,94596.364.06$29,507
Feb 2011907,01485.644.18$37,026
Jan 20111397,35886.504.59$45,788
Dec 20101237,55085.734.35$43,370
Nov 20101217,30580.843.80$37,507
Oct 20101447,40178.103.51$37,216
Sep 20101718,31872.633.98$45,521
Aug 2010928,90773.684.42$46,142
Jul 20101129,15672.554.74$51,493
Jun 2010807,97370.364.91$44,779
May 20101306,24671.124.24$35,699
Apr 20101159,45681.694.12$48,379
Mar 2010899,55278.394.39$48,897
Feb 20101018,92473.585.44$55,999
Jan 20101319,39774.365.96$65,786
Dec 20091409,66771.445.48$63,013
Nov 200914310,07974.593.75$48,478
Oct 200916510,49672.544.11$55,110
Sep 200915710,53065.543.06$42,562
Aug 200919311,79367.423.22$50,968
Jul 200917611,99961.133.46$52,329
Jun 200921811,93366.163.90$60,902
May 200921212,91054.743.93$62,286
Apr 200924912,96246.773.59$58,147
Mar 200931913,92842.144.06$69,976
Feb 200926110,32332.814.63$56,390
Jan 200928510,53335.865.37$66,793
Dec 200830610,47137.105.98$73,939
Nov 200828510,91855.496.86$90,716
Oct 20082328,94175.246.92$79,345
Sep 20081051,421101.767.88$21,878
Aug 20081581,941114.228.48$34,512
Jul 20081952,321131.0811.39$51,995
Jun 20081912,523131.3313.03$57,965
May 20082182,727123.1711.57$58,414
Apr 20083484,638110.3110.45$86,878
Mar 200844410,841101.909.66$150,012
Feb 200842812,79292.538.77$151,796
Jan 200872624,99390.388.21$270,702
Dec 20071,38133,97388.337.30$370,054
Nov 200751226,98391.677.29$243,687
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.

Dec 2025 — as filed, then multipliedworked
Condensate             6 bbl  × $ 56.66 =       $340
Gas                    0 Mcf  × $  4.41 =         $0

────────────────────────────────────────────────────
Month total                                     $340

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/238262 is the state's own key, not one this site invented.