T&P 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 238844District 09Field 65280200CondensateGasSaveExport
Value, all time
$8.8 M
Jun 2007 – May 2026
Value, last 12 filed months
$214 k
at the published price for each month
Months reported
222
6 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
CondensateDisposition10,811 bbl$838,534
GasProduction1,890,192 Mcf$7,984,662
Total$8,823,195

Every month this lease reported (222)

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

222 months

May 20261731106.413.05$2,333
Apr 202603,96798.932.87$11,384
Mar 202604,28589.753.15$13,495
Feb 202624,61763.503.75$17,442
Jan 202605,40659.138.00$43,237
Dec 202595,57956.664.41$25,132
Nov 202535,29958.593.93$20,982
Oct 202505,47259.383.30$18,084
Sep 202504,30862.743.08$13,255
Aug 202524,84763.933.01$14,740
Jul 202525,20966.743.32$17,402
Jun 202505,41066.483.13$16,926
May 202505,73860.553.23$18,547
Apr 202515,58862.363.54$19,861
Mar 202505,85767.704.27$25,000
Feb 202505,33070.884.34$23,137
Jan 202506,00774.324.28$25,702
Dec 202406,08168.993.12$18,981
Nov 202405,14569.052.20$11,311
Oct 202405,25571.372.28$11,989
Sep 202403,01069.612.36$7,117
Aug 202403,58975.632.06$7,406
Jul 202403,20979.932.15$6,888
Jun 202413,04178.082.63$8,088
May 202404,18378.812.20$9,196
Apr 202423,31284.451.66$5,664
Mar 202423,21180.301.55$5,122
Feb 2024165676.091.78$1,246
Jan 202425,08073.023.30$16,898
Dec 202355,20271.262.61$13,937
Nov 202334,77577.892.81$13,640
Oct 202305,03685.443.09$15,548
Sep 202304,72589.042.74$12,923
Aug 202304,91880.522.67$13,145
Jul 202305,01274.852.64$13,241
Jun 202305,08268.962.26$11,478
May 202304,75570.622.23$10,591
Apr 202304,84778.122.24$10,846
Mar 202315,14472.852.39$12,383
Feb 202304,67975.112.47$11,537
Jan 202305,31576.533.39$18,006
Dec 202214,15076.415.73$23,852
Nov 202215,14585.005.65$29,135
Oct 202205,73387.185.86$33,617
Sep 202205,51584.888.16$45,023
Aug 202215,64494.529.13$51,608
Jul 202205,592101.587.54$42,175
Jun 202205,357115.097.98$42,734
May 202205,200109.378.43$43,852
Apr 202244,095104.226.84$28,417
Mar 202245,079108.885.08$26,219
Feb 2022134,53291.054.86$23,204
Jan 202244,84081.844.54$22,290
Dec 202175,27971.323.90$21,083
Nov 202105,36677.435.24$28,101
Oct 202175,54779.795.71$32,253
Sep 202185,26169.865.35$28,710
Aug 202195,12066.024.22$22,204
Jul 2021265,10870.783.98$22,181
Jun 2021465,20069.493.38$20,776
May 2021505,19163.483.02$18,839
Apr 20211794,90160.362.76$24,323
Mar 2021145,21061.302.72$15,013
Feb 2021134,35657.805.55$24,918
Jan 202115,04050.412.81$14,214
Dec 202004,97444.642.68$13,308
Nov 202004,83938.772.71$13,097
Oct 202005,16036.972.48$12,789
Sep 202005,18437.091.99$10,322
Aug 202005,22539.982.39$12,462
Jul 202005,20938.371.83$9,507
Jun 202005,27734.901.69$8,920
May 202005,72716.921.81$10,393
Apr 202015,44314.751.80$9,836
Mar 202015,67030.341.86$10,555
Feb 2020165,33649.881.98$11,367
Jan 2020135,91557.252.09$13,135
Dec 201905,60959.012.30$12,925
Nov 20191545,79455.302.75$24,454
Oct 2019586,07153.472.42$17,784
Sep 2019985,96155.052.66$21,235
Aug 2019246,17153.112.30$15,495
Jul 2019205,70556.272.46$15,160
Jun 2019145,75752.782.49$15,081
May 2019226,27158.482.74$18,471
Apr 2019265,84262.632.75$17,698
Mar 2019545,70356.803.06$20,530
Feb 2019735,66350.852.79$19,524
Jan 20191026,36346.033.23$25,236
Dec 2018576,53246.594.19$29,995
Nov 2018176,16352.934.24$27,014
Oct 201806,27661.443.40$21,326
Sep 201806,16159.543.11$19,148
Aug 201826,22659.403.07$19,211
Jul 201826,22265.142.93$18,372
Jun 201816,27860.183.08$19,377
May 201886,42565.382.90$19,161
Apr 2018266,28663.842.90$19,894
Mar 2018666,34061.222.79$21,709
Feb 20181055,69761.782.77$22,245
Jan 2018926,47862.874.01$31,756
Dec 2017716,95957.272.92$24,397
Nov 20171166,22455.423.12$25,837
Oct 20171356,19849.292.98$25,147
Sep 20171256,04047.523.09$24,587
Aug 2017646,51145.373.00$22,465
Jul 20171006,69343.873.09$25,050
Jun 201706,54242.493.09$20,197
May 2017786,72845.373.26$25,495
Apr 20172346,66747.933.21$32,627
Mar 2017346,93846.772.98$22,291
Feb 2017246,33450.452.95$19,913
Jan 201787,12449.413.42$24,751
Dec 201607,98048.763.72$29,708
Nov 201616,96842.492.64$18,468
Oct 2016127,24746.193.09$22,949
Sep 2016137,15941.553.10$22,738
Aug 2016147,52741.442.92$22,592
Jul 201607,33141.622.92$21,438
Jun 2016147,61845.352.69$21,096
May 2016578,17842.521.99$18,706
Apr 201608,24036.561.99$16,406
Mar 201608,89633.011.79$15,960
Feb 201608,21826.472.06$16,959
Jan 201608,54927.352.36$20,213
Dec 201508,75932.362.00$17,530
Nov 201507,89738.792.17$17,115
Oct 201508,42943.552.43$20,454
Sep 201508,72842.992.76$24,075
Aug 201509,59240.162.87$27,553
Jul 201509,21648.152.95$27,142
Jun 201509,11156.152.88$26,266
May 201508,93655.212.96$26,410
Apr 201508,13349.822.71$22,013
Mar 201508,88942.892.93$26,087
Feb 201507,74844.662.98$23,060
Jan 201509,67843.433.10$30,008
Dec 201409,68554.693.59$34,782
Nov 20141649,71270.464.25$52,849
Oct 20142299,98078.303.90$56,862
Sep 20141179,90786.164.05$50,159
Aug 201410610,59889.394.04$52,240
Jul 2014010,79996.564.18$45,136
Jun 20141169,45698.164.74$56,179
May 201410611,46494.734.73$64,227
Apr 20149210,29795.944.81$58,346
Mar 20143711,61295.895.06$62,267
Feb 2014319,08297.406.19$59,255
Jan 201412010,27990.404.86$60,811
Dec 20131010,97591.824.35$48,709
Nov 20131449,15188.853.74$47,003
Oct 20133510,52597.423.78$43,187
Sep 20131008,531104.113.72$42,127
Aug 2013308,977104.253.52$34,750
Jul 2013698,530102.523.72$38,786
Jun 2013489,08894.403.93$40,278
May 2013859,75294.834.15$48,522
Apr 20138910,09593.964.28$51,595
Mar 20135810,48493.623.91$46,452
Feb 2013649,05291.233.42$36,796
Jan 201314710,89891.603.42$50,735
Dec 201210912,07286.773.42$50,746
Nov 20125413,22786.953.62$52,643
Oct 20126514,11689.383.40$53,800
Sep 20124510,13394.672.92$33,832
Aug 20125011,80992.662.91$38,975
Jul 20124711,10685.133.02$37,550
Jun 2012649,81079.822.52$29,820
May 20124710,31491.612.49$29,970
Apr 20122710,211101.652.00$23,134
Mar 2012278,186105.052.22$21,026
Feb 2012257,048101.102.57$20,643
Jan 20122910,84898.092.73$32,504
Dec 20111610,56196.873.24$35,765
Nov 20113310,68595.723.31$38,540
Oct 20113811,76684.983.65$46,158
Sep 20113811,45783.623.99$48,843
Aug 20115711,05083.404.15$50,604
Jul 20113210,71494.144.52$51,410
Jun 2011199,95992.904.64$47,974
May 20114410,47298.134.40$50,445
Apr 20111009,763105.964.33$52,902
Mar 20117511,84296.364.06$55,274
Feb 2011559,55785.644.18$44,658
Jan 20113711,53386.504.59$56,123
Dec 20105310,90385.734.35$51,947
Nov 201010212,65280.843.80$56,264
Oct 20107411,86278.103.51$47,402
Sep 20104112,51572.633.98$52,781
Aug 20108714,08573.684.42$68,657
Jul 20106413,78172.554.74$69,917
Jun 20102113,66170.364.91$68,559
May 20107614,16671.124.24$65,401
Apr 20108013,27981.694.12$61,280
Mar 20105814,09378.394.39$66,396
Feb 2010749,75073.585.44$58,508
Jan 20105814,66974.365.96$91,800
Dec 20098019,29071.445.48$111,497
Nov 200910319,17274.593.75$79,607
Oct 200910020,75472.544.11$92,558
Sep 200911421,02065.543.06$71,893
Aug 200911721,87067.423.22$78,277
Jul 200913423,21061.133.46$88,602
Jun 200917222,87566.163.90$100,478
May 200920022,82854.743.93$100,565
Apr 200922624,10346.773.59$97,040
Mar 200925323,69842.144.06$106,852
Feb 200922521,26732.814.63$105,912
Jan 200931924,10935.865.37$140,929
Dec 200833621,97837.105.98$143,831
Nov 200806,54355.496.86$44,887
Oct 2008661,21175.246.92$13,348
Sep 200824426,148101.767.88$230,800
Aug 200845931,924114.228.48$323,239
Jul 200857939,026131.0811.39$520,379
Jun 200858947,271131.3313.03$693,419
May 200800123.1711.57$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 – Apr 2008 (6 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             1 bbl  × $106.41 =       $106
Gas                  731 Mcf  × $  3.05 =     $2,227

────────────────────────────────────────────────────
Month total                                   $2,333

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/238844 is the state's own key, not one this site invented.