WILLIAMS-FINN 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 238600District 09Field 65280200CondensateGasSaveExport
Value, all time
$5.1 M
Jun 2007 – May 2026
Value, last 12 filed months
$100 k
at the published price for each month
Months reported
224
4 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
CondensateDisposition2,252 bbl$155,726
GasProduction1,085,086 Mcf$4,976,235
Total$5,131,961

Every month this lease reported (224)

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

224 months

May 202602,017106.413.05$6,143
Apr 202601,85698.932.87$5,326
Mar 202602,22589.753.15$7,008
Feb 202601,68363.503.75$6,312
Jan 202601,97759.138.00$15,812
Dec 202502,49556.664.41$11,011
Nov 202502,58358.593.93$10,142
Oct 202502,69059.383.30$8,890
Sep 202502,38262.743.08$7,329
Aug 202502,30063.933.01$6,934
Jul 202502,36766.743.32$7,847
Jun 202502,26866.483.13$7,096
May 202502,80160.553.23$9,054
Apr 202502,62362.363.54$9,294
Mar 202502,87567.704.27$12,271
Feb 202502,53770.884.34$11,013
Jan 202503,04974.324.28$13,046
Dec 202402,44568.993.12$7,632
Nov 202402,59769.052.20$5,709
Oct 202402,89471.372.28$6,602
Sep 202402,76769.612.36$6,542
Aug 202402,50075.632.06$5,159
Jul 202402,76379.932.15$5,931
Jun 202402,45278.082.63$6,459
May 202402,83978.812.20$6,241
Apr 202402,43984.451.66$4,047
Mar 202402,98480.301.55$4,611
Feb 202402,36176.091.78$4,211
Jan 202402,38973.023.30$7,878
Dec 202302,64871.262.61$6,913
Nov 202302,99777.892.81$8,414
Oct 202302,78185.443.09$8,586
Sep 202302,87089.042.74$7,850
Aug 202302,52180.522.67$6,738
Jul 202302,69274.852.64$7,112
Jun 20231092,82568.962.26$13,897
May 202302,90170.622.23$6,462
Apr 202302,25778.122.24$5,051
Mar 202302,13472.852.39$5,107
Feb 202301,51475.112.47$3,733
Jan 202301,46776.533.39$4,970
Dec 202201,14076.415.73$6,531
Nov 202201,94285.005.65$10,965
Oct 202201,17487.185.86$6,884
Sep 202201,34284.888.16$10,956
Aug 202201,52294.529.13$13,892
Jul 202201,878101.587.54$14,164
Jun 202202,261115.097.98$18,036
May 202201,823109.378.43$15,373
Apr 202201,804104.226.84$12,335
Mar 202201,754108.885.08$8,904
Feb 202201,60891.054.86$7,813
Jan 202201,32181.844.54$5,994
Dec 202102,28571.323.90$8,909
Nov 202102,47477.435.24$12,956
Oct 202102,58479.795.71$14,765
Sep 202102,37369.865.35$12,698
Aug 202102,47566.024.22$10,446
Jul 202102,17170.783.98$8,645
Jun 202102,60569.493.38$8,807
May 202102,54563.483.02$7,680
Apr 202103,02860.362.76$8,353
Mar 202103,09961.302.72$8,420
Feb 202102,32057.805.55$12,871
Jan 202103,14150.412.81$8,827
Dec 2020333,33044.642.68$10,382
Nov 202003,42738.772.71$9,275
Oct 202003,53636.972.48$8,764
Sep 202003,37837.091.99$6,726
Aug 202003,37039.982.39$8,038
Jul 202003,39538.371.83$6,196
Jun 202003,51534.901.69$5,941
May 202003,75416.921.81$6,813
Apr 2020523,76414.751.80$7,559
Mar 2020103,92230.341.86$7,584
Feb 202003,52749.881.98$6,986
Jan 2020203,79757.252.09$9,099
Dec 201903,82459.012.30$8,812
Nov 201903,57255.302.75$9,826
Oct 201903,63553.472.42$8,791
Sep 201903,38755.052.66$9,000
Aug 201903,42753.112.30$7,897
Jul 201903,75756.272.46$9,242
Jun 201903,91652.782.49$9,756
May 201903,65458.482.74$10,013
Apr 201903,83862.632.75$10,557
Mar 2019373,84356.803.06$13,869
Feb 201903,65250.852.79$10,197
Jan 201904,49046.033.23$14,495
Dec 2018594,14846.594.19$20,110
Nov 201804,22452.934.24$17,898
Oct 201804,04361.443.40$13,738
Sep 201803,56159.543.11$11,068
Aug 201803,96259.403.07$12,150
Jul 201803,87165.142.93$11,349
Jun 2018733,77560.183.08$16,009
May 201804,63265.382.90$13,437
Apr 201804,97763.842.90$14,437
Mar 201804,80661.222.79$13,394
Feb 201803,98361.782.77$11,017
Jan 201804,15962.874.01$16,675
Dec 201705,10057.272.92$14,900
Nov 2017544,49555.423.12$17,010
Oct 201704,62149.292.98$13,788
Sep 201704,69847.523.09$14,504
Aug 201704,46445.373.00$13,412
Jul 201705,05843.873.09$15,615
Jun 201705,11142.493.09$15,779
May 201705,63245.373.26$18,379
Apr 201705,68347.933.21$18,252
Mar 2017825,32146.772.98$19,711
Feb 201705,38750.452.95$15,906
Jan 201704,74249.413.42$16,212
Dec 201604,94648.763.72$18,413
Nov 201606,22542.492.64$16,461
Oct 201607,07746.193.09$21,870
Sep 201606,30241.553.10$19,540
Aug 201608,57041.442.92$25,062
Jul 2016545,65341.622.92$18,779
Jun 201607,01645.352.69$18,844
May 201603,22142.521.99$6,413
Apr 201617436.561.99$629
Mar 20160033.011.79$0
Feb 20160026.472.06$0
Jan 20160427.352.36$9
Dec 20150332.362.00$6
Nov 201506,76838.792.17$14,668
Oct 201508,65843.552.43$21,009
Sep 201508,24542.992.76$22,743
Aug 201508,16640.162.87$23,457
Jul 201508,27248.152.95$24,362
Jun 2015868,24856.152.88$28,607
May 201508,89255.212.96$26,280
Apr 201508,30049.822.71$22,465
Mar 201507,92942.892.93$23,269
Feb 201506,08844.662.98$18,119
Jan 201506,79343.433.10$21,063
Dec 201416,80854.693.59$24,505
Nov 2014597,50070.464.25$36,046
Oct 201406,93378.303.90$27,045
Sep 201408,00286.164.05$32,372
Aug 201408,85389.394.04$35,723
Jul 201409,10196.564.18$38,039
Jun 201408,55398.164.74$40,515
May 201408,20794.734.73$38,791
Apr 201405,29295.944.81$25,450
Mar 2014615,55795.895.06$33,950
Feb 201405,90897.406.19$36,582
Jan 201407,75090.404.86$37,671
Dec 201306,38291.824.35$27,790
Nov 201303,66388.853.74$13,693
Oct 2013593,91197.423.78$20,529
Sep 201305,848104.113.72$21,741
Aug 201306,462104.253.52$22,763
Jul 201303,319102.523.72$12,339
Jun 2013035194.403.93$1,381
May 2013031294.834.15$1,295
Apr 201315,54093.964.28$23,820
Mar 201305,79693.623.91$22,679
Feb 201305,53991.233.42$18,943
Jan 2013285591.603.42$3,107
Dec 201201186.773.42$38
Nov 201242186.953.62$3,656
Oct 201202,22289.383.40$7,554
Sep 201207,86094.672.92$22,939
Aug 201208,16092.662.91$23,731
Jul 201208,09085.133.02$24,438
Jun 201237,93179.822.52$20,218
May 2012547,76291.612.49$24,261
Apr 201202,130101.652.00$4,253
Mar 201222105.052.22$215
Feb 201200101.102.57$0
Jan 20121198.092.73$101
Dec 20110996.873.24$29
Nov 20110095.723.31$0
Oct 20110084.983.65$0
Sep 201175883.623.99$6,303
Aug 20114483.404.15$350
Jul 20114494.144.52$395
Jun 20111292.904.64$102
May 201102,34498.134.40$10,325
Apr 201106,730105.964.33$29,163
Mar 201107,62996.364.06$30,953
Feb 201104,34185.644.18$18,145
Jan 201112,82586.504.59$13,050
Dec 201006,12085.734.35$26,608
Nov 2010586,00680.843.80$27,483
Oct 201014,51778.103.51$15,928
Sep 2010477,10372.633.98$31,680
Aug 201006,14473.684.42$27,153
Jul 201005,60272.554.74$26,534
Jun 201016,26170.364.91$30,814
May 201015,82771.124.24$24,750
Apr 201029,48381.694.12$39,259
Mar 201018,34878.394.39$36,715
Feb 2010747,85873.585.44$48,211
Jan 2010749,53974.365.96$62,394
Dec 2009749,59271.445.48$57,887
Nov 200908,59574.593.75$32,244
Oct 200909,65672.544.11$39,689
Sep 200908,87765.543.06$27,206
Aug 2009759,61067.423.22$35,986
Jul 200909,76861.133.46$33,841
Jun 2009709,98966.163.90$43,538
May 2009210,73854.743.93$42,264
Apr 2009433,55846.773.59$14,775
Mar 20097313,71342.144.06$58,737
Feb 200919,75932.814.63$45,246
Jan 200916917,91635.865.37$102,287
Dec 2008118,82937.105.98$112,581
Nov 200813817,32955.496.86$126,541
Oct 2008421,18275.246.92$146,922
Sep 20087518,854101.767.88$156,147
Aug 20084925,594114.228.48$222,711
Jul 2008013,175131.0811.39$150,056
Jun 200815719,714131.3313.03$277,544
May 2008647,919123.1711.57$555,367
Apr 200807,426110.3110.45$77,638
Mar 200800101.909.66$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 – Feb 2008 (4 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                2,017 Mcf  × $  3.05 =     $6,143

────────────────────────────────────────────────────
Month total                                   $6,143

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/238600 is the state's own key, not one this site invented.