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 239382District 09Field 65280200CondensateGasSaveExport
Value, all time
$6.1 M
Jun 2007 – May 2026
Value, last 12 filed months
$143 k
at the published price for each month
Months reported
223
5 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
CondensateDisposition6,055 bbl$509,514
GasProduction1,241,584 Mcf$5,546,328
Total$6,055,842

Every month this lease reported (223)

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

223 months

May 202603,000106.413.05$9,138
Apr 202602,44498.932.87$7,014
Mar 202604,00989.753.15$12,626
Feb 202603,68463.503.75$13,816
Jan 202603,04059.138.00$24,314
Dec 202542,68056.664.41$12,054
Nov 202514,19558.593.93$16,530
Oct 202504,00659.383.30$13,239
Sep 202502,63562.743.08$8,108
Aug 202504,12763.933.01$12,442
Jul 202503,47366.743.32$11,514
Jun 2025056566.483.13$1,768
May 2025022560.553.23$727
Apr 202501,28662.363.54$4,556
Mar 2025095967.704.27$4,093
Feb 202503570.884.34$152
Jan 2025044374.324.28$1,895
Dec 20240068.993.12$0
Nov 202408169.052.20$178
Oct 2024096771.372.28$2,206
Sep 202402,51669.612.36$5,949
Aug 2024099575.632.06$2,053
Jul 2024054279.932.15$1,163
Jun 2024477878.082.63$2,362
May 202402,30678.812.20$5,070
Apr 202463,55084.451.66$6,397
Mar 202444,09480.301.55$6,647
Feb 202402,92476.091.78$5,215
Jan 202453,60273.023.30$12,243
Dec 2023124,47571.262.61$12,538
Nov 2023154,48777.892.81$13,766
Oct 202304,51285.443.09$13,930
Sep 202364,11789.042.74$11,794
Aug 202304,06580.522.67$10,865
Jul 202344,64874.852.64$12,578
Jun 202304,34668.962.26$9,815
May 202333,98770.622.23$9,093
Apr 202304,06678.122.24$9,099
Mar 202373,84772.852.39$9,716
Feb 202343,02275.112.47$7,752
Jan 202344,04976.533.39$14,023
Dec 202283,82876.415.73$22,542
Nov 202284,01585.005.65$23,349
Oct 202244,11187.185.86$24,455
Sep 202213,85484.888.16$31,548
Aug 202283,71894.529.13$34,691
Jul 202224,121101.587.54$31,284
Jun 202214,006115.097.98$32,072
May 202213,632109.378.43$30,738
Apr 202203,740104.226.84$25,573
Mar 202204,786108.885.08$24,296
Feb 202204,09291.054.86$19,882
Jan 202204,69881.844.54$21,318
Dec 202104,50571.323.90$17,566
Nov 202104,48277.435.24$23,472
Oct 202104,99579.795.71$28,541
Sep 202104,85569.865.35$25,979
Aug 202104,78266.024.22$20,183
Jul 202104,73570.783.98$18,855
Jun 202114,55469.493.38$15,465
May 202114,56163.483.02$13,827
Apr 202154,70360.362.76$13,275
Mar 2021104,83961.302.72$13,760
Feb 2021284,05357.805.55$24,104
Jan 2021214,68650.412.81$14,228
Dec 2020384,84944.642.68$14,670
Nov 2020184,73438.772.71$13,511
Oct 2020144,96436.972.48$12,821
Sep 202004,93337.091.99$9,822
Aug 202015,17239.982.39$12,376
Jul 202015,13238.371.83$9,405
Jun 202024,94834.901.69$8,433
May 202035,29516.921.81$9,660
Apr 202004,95414.751.80$8,939
Mar 202004,83030.341.86$8,966
Feb 202034,57349.881.98$9,207
Jan 202014,81557.252.09$10,143
Dec 201905,08359.012.30$11,713
Nov 201974,84755.302.75$13,720
Oct 201925,43153.472.42$13,242
Sep 201905,10855.052.66$13,573
Aug 201905,31553.112.30$12,248
Jul 201904,70456.272.46$11,572
Jun 201904,74452.782.49$11,818
May 201905,13558.482.74$14,072
Apr 201905,11362.632.75$14,064
Mar 201905,29356.803.06$16,208
Feb 201904,88750.852.79$13,646
Jan 201914,81746.033.23$15,596
Dec 201815,24746.594.19$22,008
Nov 201815,55452.934.24$23,587
Oct 201805,83561.443.40$19,828
Sep 201804,91159.543.11$15,263
Aug 201805,44859.403.07$16,707
Jul 201805,34365.142.93$15,665
Jun 201805,26560.183.08$16,200
May 201805,36565.382.90$15,563
Apr 201804,50363.842.90$13,062
Mar 201804,43561.222.79$12,360
Feb 201804,08961.782.77$11,311
Jan 201814,60962.874.01$18,542
Dec 201724,80857.272.92$14,161
Nov 201744,36955.423.12$13,846
Oct 201784,48449.292.98$13,773
Sep 2017174,38547.523.09$14,346
Aug 2017144,39245.373.00$13,831
Jul 2017345,29743.873.09$17,845
Jun 201704,97142.493.09$15,347
May 2017655,68545.373.26$21,501
Apr 201705,54347.933.21$17,802
Mar 201705,08246.772.98$15,163
Feb 201703,29050.452.95$9,714
Jan 20170049.413.42$0
Dec 201604648.763.72$171
Nov 201601,08442.492.64$2,866
Oct 201642,41646.193.09$7,651
Sep 201652,48741.553.10$7,919
Aug 201652,60041.442.92$7,810
Jul 201602,66941.622.92$7,805
Jun 201652,57945.352.69$7,154
May 2016794842.521.99$2,185
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 201503,59438.792.17$7,789
Oct 201504,78243.552.43$11,604
Sep 201504,23642.992.76$11,685
Aug 201501,41840.162.87$4,073
Jul 201501,69448.152.95$4,989
Jun 201502,73856.152.88$7,893
May 201503,29155.212.96$9,726
Apr 201502,76249.822.71$7,476
Mar 201502,90742.892.93$8,531
Feb 201502,04744.662.98$6,092
Jan 201502,93143.433.10$9,088
Dec 201402,73254.693.59$9,812
Nov 201403,26970.464.25$13,899
Oct 201413,01378.303.90$11,832
Sep 201407,31286.164.05$29,580
Aug 201407,88889.394.04$31,829
Jul 201407,54496.564.18$31,531
Jun 201406,63798.164.74$31,439
May 201423,61594.734.73$17,276
Apr 20140195.944.81$5
Mar 20140195.895.06$5
Feb 20140097.406.19$0
Jan 20141090.404.86$90
Dec 20130191.824.35$4
Nov 201320088.853.74$1,777
Oct 201371797.423.78$746
Sep 2013493104.113.72$5,113
Aug 2013242104.253.52$2,509
Jul 2013653,255102.523.72$18,765
Jun 2013104,72694.403.93$19,533
May 201385,90594.834.15$25,259
Apr 2013228,13493.964.28$36,902
Mar 2013368,63793.623.91$37,166
Feb 2013668,08791.233.42$33,678
Jan 20131449,10491.603.42$44,325
Dec 2012639,07086.773.42$36,487
Nov 201299,13386.953.62$33,889
Oct 2012879,46989.383.40$39,968
Sep 2012977,90894.672.92$32,262
Aug 2012879,00692.662.91$34,252
Jul 2012738,52485.133.02$31,964
Jun 2012838,13479.822.52$27,115
May 2012698,37591.612.49$27,161
Apr 201258,481101.652.00$17,443
Mar 201229,217105.052.22$20,691
Feb 201228,811101.102.57$22,849
Jan 201269,11198.092.73$25,499
Dec 2011288,38396.873.24$29,871
Nov 2011328,46795.723.31$31,100
Oct 2011308,00684.983.65$31,760
Sep 2011237,28683.623.99$30,964
Aug 2011117,52483.404.15$32,137
Jul 201127,61394.144.52$34,578
Jun 201117,45792.904.64$34,692
May 201117,99698.134.40$35,319
Apr 201128,717105.964.33$37,985
Mar 201149,43196.364.06$38,650
Feb 2011109,73585.644.18$41,549
Jan 20111210,92786.504.59$51,180
Dec 20103211,66185.734.35$53,442
Nov 20107611,10180.843.80$48,276
Oct 20104410,65178.103.51$40,810
Sep 20102511,63072.633.98$48,097
Aug 20103211,44773.684.42$52,946
Jul 20102711,78672.554.74$57,783
Jun 2010910,75670.364.91$53,450
May 20106211,50771.124.24$53,144
Apr 20108911,30881.694.12$53,890
Mar 20106312,14478.394.39$58,235
Feb 20109610,21673.585.44$62,663
Jan 20107212,34374.365.96$78,969
Dec 20098012,50071.445.48$74,262
Nov 20098511,19474.593.75$48,334
Oct 20098912,99272.544.11$59,856
Sep 200910713,69965.543.06$48,997
Aug 200910614,63867.423.22$54,259
Jul 200911415,04161.133.46$59,078
Jun 200913114,50566.163.90$65,164
May 200914215,22654.743.93$67,547
Apr 200919315,22246.773.59$63,636
Mar 200917815,27642.144.06$69,506
Feb 200918611,95932.814.63$61,509
Jan 200928314,03335.865.37$85,520
Dec 20082198,57737.105.98$59,391
Nov 200813,09555.496.86$21,288
Oct 200850075.246.92$3,762
Sep 200820918,166101.767.88$164,363
Aug 200840627,580114.228.48$280,335
Jul 200854234,249131.0811.39$461,122
Jun 200867153,470131.3313.03$784,977
May 200800123.1711.57$0
Apr 200800110.3110.45$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 – Mar 2008 (5 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                3,000 Mcf  × $  3.05 =     $9,138

────────────────────────────────────────────────────
Month total                                   $9,138

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/239382 is the state's own key, not one this site invented.