PRICE 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 238873District 09Field 65280200CondensateGasSaveExport
Value, all time
$4.1 M
Feb 2008 – May 2026
Value, last 12 filed months
$116 k
at the published price for each month
Months reported
220
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
CondensateDisposition8,408 bbl$480,766
GasProduction1,016,844 Mcf$3,636,594
Total$4,117,360

Every month this lease reported (220)

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

220 months

May 2026222,496106.413.05$9,943
Apr 202603,04598.932.87$8,738
Mar 202603,38789.753.15$10,667
Feb 2026714,07263.503.75$19,780
Jan 2026040559.138.00$3,239
Dec 20251569256.664.41$3,904
Nov 202503,20758.593.93$12,592
Oct 202502,62759.383.30$8,682
Sep 202503,92362.743.08$12,071
Aug 202522,53763.933.01$7,776
Jul 2025122,85166.743.32$10,253
Jun 202502,72766.483.13$8,532
May 202502,90160.553.23$9,377
Apr 2025864062.363.54$2,766
Mar 2025191,63367.704.27$8,256
Feb 202502,89070.884.34$12,545
Jan 2025163,42874.324.28$15,856
Dec 202404,80768.993.12$15,004
Nov 2024154,46769.052.20$10,856
Oct 202403,28771.372.28$7,499
Sep 202403,45469.612.36$8,167
Aug 202404,56675.632.06$9,423
Jul 202403,45379.932.15$7,412
Jun 2024514,84978.082.63$16,754
May 202403,40878.812.20$7,492
Apr 2024192,39184.451.66$5,572
Mar 2024221,55780.301.55$4,172
Feb 202401,95276.091.78$3,482
Jan 2024182,11873.023.30$8,299
Dec 2023292,37671.262.61$8,270
Nov 2023162,31677.892.81$7,749
Oct 202302,62385.443.09$8,098
Sep 202342,15489.042.74$6,247
Aug 202303,50380.522.67$9,363
Jul 2023123,24674.852.64$9,473
Jun 202303,37768.962.26$7,627
May 2023253,88870.622.23$10,426
Apr 202302,85578.122.24$6,389
Mar 2023452,72172.852.39$9,790
Feb 2023191,80075.112.47$5,865
Jan 2023273,42676.533.39$13,673
Dec 2022562,95276.415.73$21,191
Nov 2022513,30385.005.65$22,984
Oct 2022273,32187.185.86$21,827
Sep 202283,23384.888.16$27,072
Aug 2022553,35094.529.13$35,775
Jul 2022273,203101.587.54$26,900
Jun 2022263,453115.097.98$30,538
May 2022283,576109.378.43$33,219
Apr 2022492,776104.226.84$24,088
Mar 2022222,429108.885.08$14,726
Feb 2022701,54491.054.86$13,876
Jan 2022312,46181.844.54$13,704
Dec 2021443,28471.323.90$15,943
Nov 202103,42377.435.24$17,926
Oct 2021543,49379.795.71$24,267
Sep 2021763,40269.865.35$23,513
Aug 2021803,43266.024.22$19,767
Jul 2021542,79770.783.98$14,960
Jun 20211003,07769.493.38$17,351
May 2021653,16363.483.02$13,671
Apr 20211023,25860.362.76$15,144
Mar 2021183,49461.302.72$10,596
Feb 2021352,80757.805.55$17,596
Jan 2021203,25650.412.81$10,158
Dec 2020523,03644.642.68$10,444
Nov 2020422,92738.772.71$9,550
Oct 2020463,29536.972.48$9,867
Sep 2020682,99437.091.99$8,483
Aug 20201733,48939.982.39$15,238
Jul 2020973,61438.371.83$10,318
Jun 20202383,53934.901.69$14,288
May 2020383,93116.921.81$7,777
Apr 2020193,98414.751.80$7,469
Mar 2020264,21330.341.86$8,609
Feb 20201453,77049.881.98$14,700
Jan 2020744,11957.252.09$12,865
Dec 201903,80459.012.30$8,766
Nov 2019894,04555.302.75$16,048
Oct 2019334,12353.472.42$11,736
Sep 2019883,79855.052.66$14,937
Aug 2019523,78953.112.30$11,493
Jul 2019854,18456.272.46$15,076
Jun 20192063,89852.782.49$20,583
May 20191784,13258.482.74$21,732
Apr 2019423,30962.632.75$11,733
Mar 2019504,69056.803.06$17,201
Feb 2019574,52850.852.79$15,542
Jan 2019904,97046.033.23$20,187
Dec 2018945,71546.594.19$28,299
Nov 2018674,66352.934.24$23,305
Oct 2018394,68861.443.40$18,326
Sep 2018104,31759.543.11$14,013
Aug 20181573,89859.403.07$21,279
Jul 2018603,84365.142.93$15,176
Jun 2018503,90460.183.08$15,021
May 20181134,06665.382.90$19,183
Apr 20181204,21863.842.90$19,896
Mar 20181094,11361.222.79$18,135
Feb 2018674,05361.782.77$15,350
Jan 2018584,42762.874.01$21,396
Dec 2017404,87157.272.92$16,522
Nov 2017655,72555.423.12$21,455
Oct 2017585,92549.292.98$20,537
Sep 2017536,07147.523.09$21,261
Aug 2017186,34145.373.00$19,868
Jul 2017316,40043.873.09$21,119
Jun 201707,03242.493.09$21,710
May 201767,29345.373.26$24,072
Apr 2017167,04347.933.21$23,386
Mar 2017197,25946.772.98$22,547
Feb 201736,96250.452.95$20,707
Jan 201727,87249.413.42$27,012
Dec 2016298,32548.763.72$32,407
Nov 2016817,56042.492.64$23,433
Oct 2016137,55646.193.09$23,950
Sep 2016147,77841.553.10$24,698
Aug 2016158,33441.442.92$24,993
Jul 2016236,73341.622.92$20,647
Jun 2016157,83345.352.69$21,718
May 2016436,17242.521.99$14,117
Apr 2016406,35036.561.99$14,106
Mar 201627,10633.011.79$12,814
Feb 2016537,08826.472.06$16,030
Jan 2016658,18727.352.36$21,135
Dec 2015236,34832.362.00$13,449
Nov 2015167,26038.792.17$16,355
Oct 201507,70143.552.43$18,687
Sep 201507,42742.992.76$20,487
Aug 20151398,14840.162.87$28,987
Jul 2015447,84348.152.95$25,217
Jun 2015237,62156.152.88$23,262
May 201507,63755.212.96$22,571
Apr 201508,19749.822.71$22,186
Mar 201508,55342.892.93$25,101
Feb 201508,26244.662.98$24,589
Jan 201509,28443.433.10$28,786
Dec 201419,54854.693.59$34,345
Nov 201407,83570.464.25$33,313
Oct 201409,60078.303.90$37,449
Sep 201408,85186.164.05$35,806
Aug 201408,90089.394.04$35,913
Jul 201406,74796.564.18$28,200
Jun 2014154,94398.164.74$24,887
May 201407,09794.734.73$33,544
Apr 201405,31995.944.81$25,580
Mar 201405,14495.895.06$26,012
Feb 201405,00497.406.19$30,985
Jan 201405,94090.404.86$28,873
Dec 201306,05691.824.35$26,371
Nov 201303,50988.853.74$13,118
Oct 201302,29497.423.78$8,670
Sep 201301,835104.113.72$6,822
Aug 201302,191104.253.52$7,718
Jul 201302,485102.523.72$9,239
Jun 201302,17194.403.93$8,539
May 201312,52694.834.15$10,575
Apr 2013178493.964.28$3,452
Mar 20131193.623.91$98
Feb 201311,44191.233.42$5,019
Jan 201332,00991.603.42$7,145
Dec 201211,82086.773.42$6,311
Nov 201212,47486.953.62$9,055
Oct 20120089.383.40$0
Sep 2012148594.672.92$1,510
Aug 201202,06292.662.91$5,997
Jul 201212,97685.133.02$9,075
Jun 201201,30379.822.52$3,282
May 201204,37291.612.49$10,879
Apr 201206,144101.652.00$12,268
Mar 201204,790105.052.22$10,644
Feb 201203,051101.102.57$7,842
Jan 201204,88898.092.73$13,364
Dec 201104,96696.873.24$16,089
Nov 201106,17095.723.31$20,431
Oct 201105,67384.983.65$20,698
Sep 201115,31883.623.99$21,280
Aug 201106,13283.404.15$25,444
Jul 201104,11594.144.52$18,588
Jun 201105,15592.904.64$23,919
May 201105,42298.134.40$23,883
Apr 201115,183105.964.33$22,565
Mar 201155,61896.364.06$23,276
Feb 2011254,73785.644.18$21,942
Jan 2011402,74186.504.59$16,038
Dec 2010734485.734.35$6,450
Nov 20108326080.843.80$7,697
Oct 2010424,48678.103.51$19,021
Sep 2010176,61772.633.98$27,567
Aug 2010407,14673.684.42$34,528
Jul 2010525,63472.554.74$30,458
Jun 2010178,03370.364.91$40,641
May 2010816,92671.124.24$35,094
Apr 2010837,44881.694.12$37,486
Mar 2010412,49578.394.39$14,164
Feb 20106075073.585.44$8,497
Jan 2010485,46174.365.96$36,139
Dec 2009735,01171.445.48$32,694
Nov 20091067,90274.593.75$37,551
Oct 20091078,81072.544.11$43,973
Sep 20091439,37065.543.06$38,089
Aug 200915211,01367.423.22$45,693
Jul 200914410,26861.133.46$44,376
Jun 20091256,43466.163.90$33,330
May 20091399,55454.743.93$45,115
Apr 200918111,64146.773.59$50,227
Mar 200918810,14042.144.06$49,081
Feb 200920612,75032.814.63$65,830
Jan 200933017,77235.865.37$107,287
Dec 200833234,32937.105.98$217,506
Nov 20080055.496.86$0
Oct 20080075.246.92$0
Sep 200800101.767.88$0
Aug 200800114.228.48$0
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

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            22 bbl  × $106.41 =     $2,341
Gas                2,496 Mcf  × $  3.05 =     $7,602

────────────────────────────────────────────────────
Month total                                   $9,943

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/238873 is the state's own key, not one this site invented.