MCPHERSON

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 238850District 09Field 65280200CondensateGasSaveExport
Value, all time
$2.8 M
Apr 2008 – May 2026
Value, last 12 filed months
$118 k
at the published price for each month
Months reported
218
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
CondensateDisposition60 bbl$4,833
GasProduction734,176 Mcf$2,799,816
Total$2,804,649

Every month this lease reported (218)

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

218 months

May 202601,995106.413.05$6,076
Apr 202602,72898.932.87$7,829
Mar 202602,90089.753.15$9,133
Feb 202602,48663.503.75$9,323
Jan 202602,56859.138.00$20,539
Dec 202502,75356.664.41$12,150
Nov 202502,55058.593.93$10,012
Oct 202502,77459.383.30$9,168
Sep 202502,53062.743.08$7,785
Aug 202502,79963.933.01$8,438
Jul 202502,61566.743.32$8,669
Jun 202502,69366.483.13$8,426
May 202502,81860.553.23$9,109
Apr 202502,60162.363.54$9,216
Mar 202502,77067.704.27$11,823
Feb 202502,35470.884.34$10,218
Jan 202502,58874.324.28$11,073
Dec 202402,82568.993.12$8,818
Nov 202402,71369.052.20$5,964
Oct 202402,69971.372.28$6,158
Sep 202402,54769.612.36$6,022
Aug 202402,67975.632.06$5,528
Jul 202402,63679.932.15$5,658
Jun 202402,69078.082.63$7,085
May 202402,60578.812.20$5,727
Apr 202402,48984.451.66$4,130
Mar 202402,72180.301.55$4,204
Feb 202402,49276.091.78$4,445
Jan 202402,64373.023.30$8,716
Dec 202302,61171.262.61$6,817
Nov 202302,61177.892.81$7,331
Oct 202302,68985.443.09$8,302
Sep 202302,62889.042.74$7,188
Aug 202302,69180.522.67$7,193
Jul 202302,65174.852.64$7,003
Jun 202302,54368.962.26$5,743
May 202302,52570.622.23$5,624
Apr 202302,64878.122.24$5,926
Mar 202302,54872.852.39$6,098
Feb 202302,15175.112.47$5,304
Jan 202302,41176.533.39$8,168
Dec 202202,45076.415.73$14,036
Nov 202202,46485.005.65$13,912
Oct 202202,57587.185.86$15,099
Sep 202202,52084.888.16$20,572
Aug 202202,84894.529.13$25,994
Jul 202203,119101.587.54$23,524
Jun 202202,884115.097.98$23,006
May 202202,921109.378.43$24,633
Apr 202203,319104.226.84$22,694
Mar 202203,784108.885.08$19,209
Feb 202203,46991.054.86$16,855
Jan 202203,86681.844.54$17,543
Dec 202103,88271.323.90$15,136
Nov 202103,72677.435.24$19,513
Oct 202103,74779.795.71$21,410
Sep 202103,47069.865.35$18,568
Aug 202103,68966.024.22$15,570
Jul 202103,71370.783.98$14,785
Jun 202103,59069.493.38$12,136
May 202103,65463.483.02$11,027
Apr 202103,59460.362.76$9,914
Mar 202103,75161.302.72$10,191
Feb 202103,14957.805.55$17,470
Jan 202103,83450.412.81$10,775
Dec 202003,83344.642.68$10,255
Nov 202003,77838.772.71$10,225
Oct 202003,79536.972.48$9,406
Sep 202003,68737.091.99$7,341
Aug 202003,91639.982.39$9,340
Jul 202003,90538.371.83$7,127
Jun 202003,88034.901.69$6,558
May 202003,96116.921.81$7,188
Apr 202003,39314.751.80$6,122
Mar 202003,98830.341.86$7,403
Feb 202003,74749.881.98$7,422
Jan 202003,84457.252.09$8,052
Dec 201903,92459.012.30$9,042
Nov 201903,85155.302.75$10,593
Oct 201904,04153.472.42$9,773
Sep 201903,88655.052.66$10,326
Aug 201904,08353.112.30$9,409
Jul 201904,10556.272.46$10,099
Jun 201903,90152.782.49$9,718
May 201904,05358.482.74$11,107
Apr 201904,07062.632.75$11,195
Mar 201904,26456.803.06$13,057
Feb 201903,87150.852.79$10,809
Jan 201904,33846.033.23$14,004
Dec 201804,33946.594.19$18,161
Nov 201804,20952.934.24$17,835
Oct 201804,32961.443.40$14,710
Sep 201804,17259.543.11$12,967
Aug 201804,39859.403.07$13,487
Jul 201804,56265.142.93$13,375
Jun 201804,45260.183.08$13,698
May 201804,60065.382.90$13,344
Apr 201804,44563.842.90$12,894
Mar 201804,61461.222.79$12,858
Feb 201804,43261.782.77$12,259
Jan 201804,72862.874.01$18,956
Dec 201704,72257.272.92$13,795
Nov 201704,68455.423.12$14,606
Oct 201704,34349.292.98$12,958
Sep 201704,52247.523.09$13,961
Aug 201704,68145.373.00$14,064
Jul 201704,70343.873.09$14,519
Jun 201704,67842.493.09$14,442
May 201704,89345.373.26$15,968
Apr 201705,26647.933.21$16,912
Mar 201705,27146.772.98$15,727
Feb 201705,06750.452.95$14,961
Jan 201705,82349.413.42$19,908
Dec 201605,21248.763.72$19,403
Nov 201604,91342.492.64$12,992
Oct 201603,18046.193.09$9,827
Sep 201602,70341.553.10$8,381
Aug 201602,14441.442.92$6,270
Jul 201602,50941.622.92$7,337
Jun 201601,86645.352.69$5,012
May 201601,69842.521.99$3,381
Apr 201602,14636.561.99$4,273
Mar 201602,15933.011.79$3,873
Feb 201602,10626.472.06$4,346
Jan 201602,52927.352.36$5,979
Dec 201502,66832.362.00$5,340
Nov 201502,64038.792.17$5,722
Oct 201502,89543.552.43$7,025
Sep 201502,72542.992.76$7,517
Aug 201502,62740.162.87$7,546
Jul 201502,77948.152.95$8,184
Jun 201502,74056.152.88$7,899
May 201502,45455.212.96$7,253
Apr 201502,61049.822.71$7,064
Mar 201503,08842.892.93$9,062
Feb 201502,75544.662.98$8,199
Jan 201503,04243.433.10$9,432
Dec 201403,16154.693.59$11,352
Nov 201403,21270.464.25$13,657
Oct 201403,29278.303.90$12,842
Sep 201403,17986.164.05$12,860
Aug 201403,72889.394.04$15,043
Jul 201403,13796.564.18$13,111
Jun 201403,09898.164.74$14,675
May 201403,48894.734.73$16,486
Apr 201403,57495.944.81$17,188
Mar 201403,67495.895.06$18,579
Feb 201403,42497.406.19$21,201
Jan 201403,92390.404.86$19,069
Dec 201303,86491.824.35$16,826
Nov 201304,23288.853.74$15,820
Oct 201304,42897.423.78$16,735
Sep 201304,137104.113.72$15,380
Aug 20130275104.253.52$969
Jul 2013017102.523.72$63
Jun 20130894.403.93$31
May 201301894.834.15$75
Apr 201303793.964.28$158
Mar 201301393.623.91$51
Feb 201302291.233.42$75
Jan 201301291.603.42$41
Dec 201201386.773.42$44
Nov 201207886.953.62$283
Oct 201209789.383.40$330
Sep 2012018294.672.92$531
Aug 2012029692.662.91$861
Jul 20124420085.133.02$4,350
Jun 20120079.822.52$0
May 20120091.612.49$0
Apr 201200101.652.00$0
Mar 201200105.052.22$0
Feb 201200101.102.57$0
Jan 20120098.092.73$0
Dec 20110096.873.24$0
Nov 20110195.723.31$3
Oct 201103,11684.983.65$11,369
Sep 201107,88183.623.99$31,412
Aug 201109,73183.404.15$40,377
Jul 2011010,49094.144.52$47,386
Jun 201104,51392.904.64$20,940
May 201105,52898.134.40$24,350
Apr 201105,241105.964.33$22,711
Mar 201107,35996.364.06$29,858
Feb 201107,58985.644.18$31,722
Jan 201105,73986.504.59$26,335
Dec 201005,75585.734.35$25,021
Nov 201004,39880.843.80$16,692
Oct 201004,69078.103.51$16,457
Sep 201005,78172.633.98$23,005
Aug 201002,32373.684.42$10,266
Jul 201001,25772.554.74$5,954
Jun 201005,97370.364.91$29,330
May 201004,34571.124.24$18,402
Apr 201003,90381.694.12$16,091
Mar 201003,04878.394.39$13,377
Feb 201003,48273.585.44$18,950
Jan 201002,83574.365.96$16,908
Dec 200903,42871.445.48$18,798
Nov 200903,26174.593.75$12,234
Oct 200902,82872.544.11$11,624
Sep 200902,85765.543.06$8,756
Aug 200903,45167.423.22$11,107
Jul 200904,41261.133.46$15,285
Jun 200906,38866.163.90$24,881
May 200916,90654.743.93$27,166
Apr 200906,34846.773.59$22,773
Mar 200906,95942.144.06$28,247
Feb 200926,35132.814.63$29,490
Jan 200907,13735.865.37$38,333
Dec 200817,27137.105.98$43,497
Nov 200847,29655.496.86$50,275
Oct 200847,22475.246.92$50,305
Sep 200847,628101.767.88$60,493
Aug 2008011,413114.228.48$96,817
Jul 200800131.0811.39$0
Jun 200800131.3313.03$0
May 200800123.1711.57$0
Apr 200800110.3110.45$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.

May 2026 — as filed, then multipliedworked
Condensate             0 bbl  × $106.41 =         $0
Gas                1,995 Mcf  × $  3.05 =     $6,076

────────────────────────────────────────────────────
Month total                                   $6,076

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/238850 is the state's own key, not one this site invented.