OLCOTT SOUTH

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 238869District 09Field 65280200CondensateGasSaveExport
Value, all time
$21.0 M
Jun 2007 – May 2026
Value, last 12 filed months
$22 k
at the published price for each month
Months reported
227
1 month 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
CondensateDisposition4 bbl$323
GasProduction5,405,610 Mcf$20,958,349
Total$20,958,672

Every month this lease reported (227)

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

227 months

May 20260154106.413.05$469
Apr 202605798.932.87$164
Mar 202606289.753.15$195
Feb 2026011163.503.75$416
Jan 2026024759.138.00$1,975
Dec 2025025256.664.41$1,112
Nov 2025036358.593.93$1,425
Oct 2025036959.383.30$1,219
Sep 2025035762.743.08$1,098
Aug 2025068863.933.01$2,074
Jul 202501,89466.743.32$6,279
Jun 202501,85666.483.13$5,807
May 202501,42560.553.23$4,606
Apr 202501,28562.363.54$4,553
Mar 202501,17367.704.27$5,007
Feb 2025058470.884.34$2,535
Jan 202501,05874.324.28$4,527
Dec 202401,00368.993.12$3,131
Nov 202401,52369.052.20$3,348
Oct 202404,16871.372.28$9,509
Sep 202407,64569.612.36$18,076
Aug 202409,37475.632.06$19,344
Jul 202409,02579.932.15$19,373
Jun 202409,46378.082.63$24,925
May 2024010,43578.812.20$22,941
Apr 2024010,01284.451.66$16,612
Mar 2024010,32880.301.55$15,958
Feb 202409,47276.091.78$16,895
Jan 202409,38773.023.30$30,955
Dec 202307,81671.262.61$20,405
Nov 2023010,69277.892.81$30,018
Oct 2023011,93785.443.09$36,853
Sep 2023012,39989.042.74$33,912
Aug 2023012,35080.522.67$33,010
Jul 2023013,08274.852.64$34,560
Jun 2023013,26268.962.26$29,952
May 2023013,77070.622.23$30,671
Apr 2023012,68778.122.24$28,390
Mar 2023014,75872.852.39$35,318
Feb 202307,40375.112.47$18,253
Jan 2023013,34376.533.39$45,202
Dec 2022014,43376.415.73$82,688
Nov 2022013,76985.005.65$77,743
Oct 2022014,08287.185.86$82,573
Sep 2022014,01984.888.16$114,447
Aug 2022013,50694.529.13$123,271
Jul 2022014,425101.587.54$108,795
Jun 2022014,371115.097.98$114,640
May 2022015,102109.378.43$127,356
Apr 2022014,474104.226.84$98,967
Mar 2022014,605108.885.08$74,141
Feb 2022013,44791.054.86$65,337
Jan 2022015,05281.844.54$68,301
Dec 2021015,51971.323.90$60,510
Nov 2021010,97577.435.24$57,474
Oct 202107,88279.795.71$45,037
Sep 202108,92769.865.35$47,768
Aug 2021010,84566.024.22$45,772
Jul 2021012,59970.783.98$50,170
Jun 2021013,41169.493.38$45,337
May 2021015,24263.483.02$45,995
Apr 2021015,74860.362.76$43,440
Mar 2021017,64261.302.72$47,932
Feb 2021014,42257.805.55$80,013
Jan 2021018,29950.412.81$51,425
Dec 2020018,38344.642.68$49,183
Nov 2020017,91238.772.71$48,480
Oct 2020018,67836.972.48$46,292
Sep 2020018,37237.091.99$36,579
Aug 2020019,40439.982.39$46,280
Jul 2020019,51738.371.83$35,621
Jun 2020019,00134.901.69$32,118
May 2020019,99516.921.81$36,286
Apr 2020019,59214.751.80$35,351
Mar 2020020,83030.341.86$38,665
Feb 2020019,63649.881.98$38,892
Jan 2020020,75557.252.09$43,476
Dec 2019020,03459.012.30$46,166
Nov 2019020,26755.302.75$55,748
Oct 2019021,27653.472.42$51,457
Sep 2019021,08055.052.66$56,015
Aug 2019022,10353.112.30$50,933
Jul 2019022,29556.272.46$54,847
Jun 2019021,36952.782.49$53,234
May 2019022,11558.482.74$60,602
Apr 2019021,70062.632.75$59,690
Mar 2019022,57656.803.06$69,130
Feb 2019020,62950.852.79$57,601
Jan 2019022,88446.033.23$73,874
Dec 2018022,10446.594.19$92,515
Nov 2018020,62452.934.24$87,389
Oct 2018022,04361.443.40$74,904
Sep 2018022,44259.543.11$69,750
Aug 2018023,34659.403.07$71,592
Jul 2018023,54065.142.93$69,016
Jun 2018023,18260.183.08$71,329
May 2018024,03565.382.90$69,721
Apr 2018023,59063.842.90$68,430
Mar 2018024,66961.222.79$68,749
Feb 2018021,61761.782.77$59,795
Jan 2018023,40362.874.01$93,830
Dec 2017022,24457.272.92$64,986
Nov 2017020,53255.423.12$64,026
Oct 2017020,47749.292.98$61,097
Sep 2017014,36947.523.09$44,361
Aug 2017028,50745.373.00$85,646
Jul 2017027,63443.873.09$85,314
Jun 2017026,92942.493.09$83,137
May 2017027,81045.373.26$90,755
Apr 2017027,34247.933.21$87,812
Mar 2017025,67746.772.98$76,612
Feb 2017025,89550.452.95$76,458
Jan 2017028,32049.413.42$96,820
Dec 2016027,24248.763.72$101,417
Nov 2016028,09142.492.64$74,282
Oct 2016029,38646.193.09$90,810
Sep 2016025,35741.553.10$78,623
Aug 2016019,54341.442.92$57,150
Jul 2016017,87241.622.92$52,264
Jun 2016012,71645.352.69$34,153
May 201607,43842.521.99$14,809
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 2015020,22638.792.17$43,836
Oct 2015031,41943.552.43$76,241
Sep 2015034,96442.992.76$96,445
Aug 2015040,73440.162.87$117,008
Jul 2015045,14848.152.95$132,964
Jun 2015043,74556.152.88$126,111
May 2015041,24055.212.96$121,883
Apr 2015037,22549.822.71$100,752
Mar 2015034,04742.892.93$99,918
Feb 2015024,62344.662.98$73,283
Jan 2015027,22643.433.10$84,418
Dec 2014031,24054.693.59$112,194
Nov 2014032,34870.464.25$137,539
Oct 2014035,13678.303.90$137,064
Sep 2014029,75186.164.05$120,356
Aug 2014031,03989.394.04$125,246
Jul 2014032,23396.564.18$134,721
Jun 2014033,85498.164.74$160,362
May 2014031,74594.734.73$150,045
Apr 2014031,92595.944.81$153,531
Mar 2014035,38795.895.06$178,945
Feb 2014039,65097.406.19$245,513
Jan 2014034,79290.404.86$169,114
Dec 2013032,80691.824.35$142,853
Nov 2013031,92688.853.74$119,348
Oct 2013028,54497.423.78$107,878
Sep 2013028,817104.113.72$107,134
Aug 2013031,532104.253.52$111,075
Jul 2013034,506102.523.72$128,284
Jun 2013029,84294.403.93$117,381
May 2013037,93894.834.15$157,408
Apr 2013029,64093.964.28$126,936
Mar 2013030,05493.623.91$117,597
Feb 2013032,10791.233.42$109,803
Jan 2013030,60191.603.42$104,653
Dec 2012035,53886.773.42$121,546
Nov 2012031,22986.953.62$113,204
Oct 2012033,10289.383.40$112,536
Sep 2012028,33094.672.92$82,678
Aug 2012028,35392.662.91$82,455
Jul 2012032,29385.133.02$97,551
Jun 2012032,91279.822.52$82,907
May 2012032,35091.612.49$80,497
Apr 2012029,139101.652.00$58,185
Mar 2012032,106105.052.22$71,342
Feb 2012031,279101.102.57$80,395
Jan 2012033,98298.092.73$92,910
Dec 2011035,18496.873.24$113,987
Nov 2011030,75895.723.31$101,848
Oct 2011032,21884.983.65$117,549
Sep 2011032,23183.623.99$128,466
Aug 2011034,93583.404.15$144,956
Jul 2011235,58094.144.52$160,912
Jun 2011036,35892.904.64$168,697
May 2011039,82498.134.40$175,418
Apr 2011041,627105.964.33$180,381
Mar 2011045,21396.364.06$183,445
Feb 2011047,73085.644.18$199,510
Jan 2011052,31986.504.59$240,080
Dec 2010055,87485.734.35$242,926
Nov 2010052,04980.843.80$197,543
Oct 2010058,46978.103.51$205,161
Sep 2010062,91672.633.98$250,372
Aug 2010046,91573.684.42$207,334
Jul 20100072.554.74$0
Jun 20100070.364.91$0
May 20100071.124.24$0
Apr 2010025,20281.694.12$103,900
Mar 2010043,77778.394.39$192,123
Feb 2010040,11473.585.44$218,315
Jan 2010042,76774.365.96$255,066
Dec 2009049,36571.445.48$270,705
Nov 2009050,96574.593.75$191,195
Oct 2009054,75672.544.11$225,061
Sep 2009056,65365.543.06$173,627
Aug 2009065,63867.423.22$211,256
Jul 2009070,51661.133.46$244,303
Jun 2009059,94566.163.90$233,486
May 2009063,96154.743.93$251,095
Apr 2009067,89946.773.59$243,588
Mar 2009075,03642.144.06$304,571
Feb 2009173,05432.814.63$338,492
Jan 2009089,95535.865.37$483,148
Dec 20080102,39737.105.98$612,041
Nov 20080122,71155.496.86$841,842
Oct 2008069,36775.246.92$480,157
Sep 2008152,759101.767.88$415,689
Aug 2008041,506114.228.48$352,096
Jul 200800131.0811.39$0
Jun 200800131.3313.03$0
May 200800123.1711.57$0
Apr 200800110.3110.45$0
Mar 200800101.909.66$0
Feb 20080092.538.77$0
Jan 20080090.388.21$0
Dec 20070088.337.30$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. 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                  154 Mcf  × $  3.05 =       $469

────────────────────────────────────────────────────
Month total                                     $469

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/238869 is the state's own key, not one this site invented.