FRANCES 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 239399District 09Field 65280200CondensateGasSaveExport
Value, all time
$2.6 M
Jan 2008 – May 2026
Value, last 12 filed months
$9 k
at the published price for each month
Months reported
221
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
CondensateDisposition1 bbl$33
GasProduction522,106 Mcf$2,561,907
Total$2,561,940

Every month this lease reported (221)

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

221 months

May 202600106.413.05$0
Apr 20260098.932.87$0
Mar 20260089.753.15$0
Feb 202603063.503.75$113
Jan 2026013159.138.00$1,048
Dec 202507556.664.41$331
Nov 20250458.593.93$16
Oct 20250059.383.30$0
Sep 20250162.743.08$3
Aug 20250163.933.01$3
Jul 2025073266.743.32$2,427
Jun 202501,71966.483.13$5,378
May 202501,82660.553.23$5,902
Apr 202501,78562.363.54$6,324
Mar 202501,86167.704.27$7,943
Feb 202501,71870.884.34$7,458
Jan 202501,96174.324.28$8,390
Dec 202402,00068.993.12$6,243
Nov 202401,97069.052.20$4,331
Oct 202402,08171.372.28$4,748
Sep 202401,77269.612.36$4,190
Aug 202401,86075.632.06$3,838
Jul 202401,85779.932.15$3,986
Jun 202402,03878.082.63$5,368
May 202401,63278.812.20$3,588
Apr 202401,72184.451.66$2,855
Mar 202401,80280.301.55$2,784
Feb 202401,76476.091.78$3,146
Jan 202401,97673.023.30$6,516
Dec 202302,28171.262.61$5,955
Nov 202302,34177.892.81$6,573
Oct 202302,03585.443.09$6,283
Sep 202301,90889.042.74$5,218
Aug 202301,94780.522.67$5,204
Jul 202302,02174.852.64$5,339
Jun 202302,01968.962.26$4,560
May 202302,12770.622.23$4,738
Apr 202301,98778.122.24$4,446
Mar 202302,13372.852.39$5,105
Feb 202302,17675.112.47$5,365
Jan 202302,61676.533.39$8,862
Dec 202202,95176.415.73$16,907
Nov 202202,84785.005.65$16,075
Oct 202202,94387.185.86$17,257
Sep 202202,93784.888.16$23,977
Aug 202203,04394.529.13$27,774
Jul 202203,056101.587.54$23,049
Jun 202202,976115.097.98$23,740
May 202203,139109.378.43$26,471
Apr 202203,044104.226.84$20,814
Mar 202203,129108.885.08$15,884
Feb 202202,65191.054.86$12,881
Jan 202203,12581.844.54$14,180
Dec 202103,16671.323.90$12,345
Nov 202103,02877.435.24$15,857
Oct 202103,15179.795.71$18,004
Sep 202102,95269.865.35$15,796
Aug 202103,02166.024.22$12,750
Jul 202103,46470.783.98$13,794
Jun 202103,02069.493.38$10,209
May 202103,45263.483.02$10,417
Apr 202102,94860.362.76$8,132
Mar 202103,05161.302.72$8,289
Feb 202102,50057.805.55$13,870
Jan 202103,00250.412.81$8,436
Dec 202003,12244.642.68$8,353
Nov 202003,13538.772.71$8,485
Oct 202003,35536.972.48$8,315
Sep 202003,35637.091.99$6,682
Aug 202003,66239.982.39$8,734
Jul 202003,83238.371.83$6,994
Jun 202003,70834.901.69$6,268
May 202004,36616.921.81$7,923
Apr 202003,10314.751.80$5,599
Mar 20200030.341.86$0
Feb 20200049.881.98$0
Jan 20200057.252.09$0
Dec 20190059.012.30$0
Nov 20190055.302.75$0
Oct 20190053.472.42$0
Sep 20190055.052.66$0
Aug 20190053.112.30$0
Jul 20190056.272.46$0
Jun 20190052.782.49$0
May 20190058.482.74$0
Apr 20190062.632.75$0
Mar 20190056.803.06$0
Feb 20190050.852.79$0
Jan 20190046.033.23$0
Dec 20180046.594.19$0
Nov 20180052.934.24$0
Oct 20180061.443.40$0
Sep 20180059.543.11$0
Aug 20180059.403.07$0
Jul 20180065.142.93$0
Jun 20180060.183.08$0
May 20180065.382.90$0
Apr 20180063.842.90$0
Mar 20180061.222.79$0
Feb 20180061.782.77$0
Jan 20180062.874.01$0
Dec 20170057.272.92$0
Nov 20170055.423.12$0
Oct 20170049.292.98$0
Sep 20170047.523.09$0
Aug 20170045.373.00$0
Jul 20170043.873.09$0
Jun 20170042.493.09$0
May 20170045.373.26$0
Apr 20170047.933.21$0
Mar 20170046.772.98$0
Feb 20170050.452.95$0
Jan 20170049.413.42$0
Dec 20160048.763.72$0
Nov 20160042.492.64$0
Oct 20160046.193.09$0
Sep 20160041.553.10$0
Aug 20160041.442.92$0
Jul 20160041.622.92$0
Jun 20160045.352.69$0
May 20160042.521.99$0
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 20150038.792.17$0
Oct 20150043.552.43$0
Sep 20150042.992.76$0
Aug 20150040.162.87$0
Jul 20150048.152.95$0
Jun 20150056.152.88$0
May 20150055.212.96$0
Apr 20150049.822.71$0
Mar 20150042.892.93$0
Feb 20150044.662.98$0
Jan 20150043.433.10$0
Dec 2014051654.693.59$1,853
Nov 201401,03570.464.25$4,401
Oct 2014058478.303.90$2,278
Sep 2014060686.164.05$2,452
Aug 201401,17089.394.04$4,721
Jul 201401,40996.564.18$5,889
Jun 201401,23398.164.74$5,841
May 201401,49994.734.73$7,085
Apr 2014087795.944.81$4,218
Mar 2014059695.895.06$3,014
Feb 20140097.406.19$0
Jan 201401,16690.404.86$5,668
Dec 201301,69291.824.35$7,368
Nov 201302,49588.853.74$9,327
Oct 201302,56897.423.78$9,705
Sep 201302,329104.113.72$8,659
Aug 201302,574104.253.52$9,067
Jul 201302,624102.523.72$9,755
Jun 201302,55394.403.93$10,042
May 201302,59994.834.15$10,783
Apr 201302,35093.964.28$10,064
Mar 201301,75893.623.91$6,879
Feb 201302,44791.233.42$8,369
Jan 201302,64491.603.42$9,042
Dec 201203,05886.773.42$10,459
Nov 201203,30286.953.62$11,970
Oct 201203,21689.383.40$10,933
Sep 201203,16494.672.92$9,234
Aug 201203,41792.662.91$9,937
Jul 201203,35685.133.02$10,138
Jun 201203,28879.822.52$8,283
May 201203,39991.612.49$8,458
Apr 201203,418101.652.00$6,825
Mar 201203,651105.052.22$8,113
Feb 201202,991101.102.57$7,688
Jan 201203,72898.092.73$10,193
Dec 201103,66496.873.24$11,870
Nov 201103,55395.723.31$11,765
Oct 201103,67184.983.65$13,394
Sep 201103,71983.623.99$14,823
Aug 201103,92483.404.15$16,282
Jul 201104,09394.144.52$18,489
Jun 201103,88492.904.64$18,021
May 201103,95198.134.40$17,403
Apr 201103,913105.964.33$16,956
Mar 201103,90996.364.06$15,860
Feb 201103,55285.644.18$14,847
Jan 201104,02086.504.59$18,447
Dec 201004,17685.734.35$18,156
Nov 201004,22380.843.80$16,028
Oct 201004,45178.103.51$15,618
Sep 201004,34272.633.98$17,279
Aug 201004,76073.684.42$21,036
Jul 201004,92972.554.74$23,346
Jun 201004,79370.364.91$23,536
May 201005,08371.124.24$21,528
Apr 201004,85681.694.12$20,020
Mar 201004,85078.394.39$21,285
Feb 201004,92673.585.44$26,809
Jan 201005,53874.365.96$33,029
Dec 200905,47771.445.48$30,035
Nov 200905,34974.593.75$20,067
Oct 200905,77272.544.11$23,724
Sep 200906,22865.543.06$19,087
Aug 200906,02867.423.22$19,401
Jul 200906,24461.133.46$21,632
Jun 200907,06866.163.90$27,530
May 200906,85354.743.93$26,903
Apr 200907,34146.773.59$26,336
Mar 200907,99942.144.06$32,468
Feb 200917,29632.814.63$33,835
Jan 200908,53635.865.37$45,847
Dec 200808,96637.105.98$53,591
Nov 200809,68455.496.86$66,436
Oct 2008010,69175.246.92$74,003
Sep 2008011,517101.767.88$90,720
Aug 2008014,794114.228.48$125,498
Jul 2008018,390131.0811.39$209,452
Jun 2008021,638131.3313.03$282,000
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

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.

Feb 2026 — as filed, then multipliedworked
Condensate             0 bbl  × $ 63.50 =         $0
Gas                   30 Mcf  × $  3.75 =       $113

────────────────────────────────────────────────────
Month total                                     $113

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/239399 is the state's own key, not one this site invented.