BUBBS 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 239485District 09Field 65280200CondensateGasSaveExport
Value, all time
$7.8 M
Jun 2007 – May 2026
Value, last 12 filed months
$177 k
at the published price for each month
Months reported
228
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
CondensateDisposition14,131 bbl$1,150,930
GasProduction1,543,445 Mcf$6,669,432
Total$7,820,363

Every month this lease reported (228)

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

228 months

May 202604,789106.413.05$14,587
Apr 202604,38298.932.87$12,575
Mar 202603,96389.753.15$12,481
Feb 202603,19863.503.75$11,994
Jan 202603,92959.138.00$31,424
Dec 2025114,38656.664.41$19,980
Nov 202503,37058.593.93$13,232
Oct 2025103,51659.383.30$12,214
Sep 2025213,41762.743.08$11,831
Aug 2025103,34263.933.01$10,715
Jul 202503,79266.743.32$12,571
Jun 202504,18866.483.13$13,103
May 202504,48660.553.23$14,500
Apr 202593,63962.363.54$13,455
Mar 202502,57667.704.27$10,995
Feb 202501,17770.884.34$5,109
Jan 2025104,24574.324.28$18,906
Dec 202404,35868.993.12$13,603
Nov 202403,61969.052.20$7,956
Oct 202442,99371.372.28$7,114
Sep 202403,41669.612.36$8,077
Aug 202403,13375.632.06$6,465
Jul 202483,57779.932.15$8,318
Jun 202401,74378.082.63$4,591
May 202492,85378.812.20$6,981
Apr 2024102,77184.451.66$5,442
Mar 2024103,24280.301.55$5,812
Feb 202402,96076.091.78$5,280
Jan 202402,75873.023.30$9,095
Dec 202302,93471.262.61$7,660
Nov 2023102,34377.892.81$7,357
Oct 202302,13885.443.09$6,601
Sep 2023102,56089.042.74$7,892
Aug 202301,99380.522.67$5,327
Jul 2023102,22174.852.64$6,616
Jun 202301,10168.962.26$2,487
May 202302,17370.622.23$4,840
Apr 2023103,60378.122.24$8,844
Mar 2023103,57672.852.39$9,286
Feb 202303,81875.112.47$9,414
Jan 2023103,63976.533.39$13,093
Dec 202294,16576.415.73$24,549
Nov 2022103,84085.005.65$22,531
Oct 2022103,33187.185.86$20,404
Sep 202203,77584.888.16$30,818
Aug 202294,16794.529.13$38,884
Jul 202203,595101.587.54$27,114
Jun 202294,112115.097.98$33,838
May 2022104,202109.378.43$36,529
Apr 202203,915104.226.84$26,769
Mar 2022204,307108.885.08$24,042
Feb 2022104,21191.054.86$21,371
Jan 2022104,48081.844.54$21,147
Dec 202104,58371.323.90$17,870
Nov 2021374,50077.435.24$26,431
Oct 2021404,48379.795.71$28,807
Sep 2021394,00869.865.35$24,171
Aug 2021143,95966.024.22$17,634
Jul 2021123,33070.783.98$14,110
Jun 2021112,77269.493.38$10,135
May 2021122,66563.483.02$8,804
Apr 2021373,37660.362.76$11,546
Mar 202184,06661.302.72$11,537
Feb 2021203,53557.805.55$20,768
Jan 2021204,12150.412.81$12,589
Dec 2020163,82944.642.68$10,959
Nov 2020274,24138.772.71$12,525
Oct 2020164,46836.972.48$11,665
Sep 202004,60737.091.99$9,173
Aug 202004,55739.982.39$10,869
Jul 202004,10538.371.83$7,492
Jun 202003,94834.901.69$6,673
May 202014,11716.921.81$7,488
Apr 202074,20314.751.80$7,687
Mar 2020254,34530.341.86$8,824
Feb 2020154,52849.881.98$9,717
Jan 2020395,22457.252.09$13,176
Dec 2019254,82359.012.30$12,589
Nov 2019434,50055.302.75$14,756
Oct 201954,68853.472.42$11,605
Sep 201924,50155.052.66$12,071
Aug 201994,53653.112.30$10,931
Jul 201903,74456.272.46$9,210
Jun 2019353,70752.782.49$11,082
May 2019343,82258.482.74$12,462
Apr 2019143,94562.632.75$11,728
Mar 201903,69556.803.06$11,314
Feb 201903,47550.852.79$9,703
Jan 201904,58746.033.23$14,808
Dec 201804,78646.594.19$20,032
Nov 201804,56352.934.24$19,335
Oct 201824,49861.443.40$15,407
Sep 2018204,99559.543.11$16,715
Aug 2018245,15259.403.07$17,225
Jul 201815,16265.142.93$15,200
Jun 201815,11160.183.08$15,786
May 201865,67165.382.90$16,843
Apr 2018115,62063.842.90$17,005
Mar 201885,67561.222.79$16,305
Feb 2018174,91361.782.77$14,640
Jan 2018125,24562.874.01$21,783
Dec 2017185,33557.272.92$16,617
Nov 2017155,57755.423.12$18,222
Oct 2017385,79849.292.98$19,172
Sep 2017535,77547.523.09$20,348
Aug 2017646,64945.373.00$22,880
Jul 2017347,25443.873.09$23,887
Jun 2017387,11742.493.09$23,587
May 2017167,58545.373.26$25,479
Apr 2017177,79147.933.21$25,836
Mar 2017317,89146.772.98$24,994
Feb 2017186,86950.452.95$21,190
Jan 201718,29249.413.42$28,398
Dec 201648,25648.763.72$30,931
Nov 201618,40842.492.64$22,276
Oct 2016389,40346.193.09$30,813
Sep 2016419,90141.553.10$32,403
Aug 20167111,57641.442.92$36,794
Jul 2016249,19941.622.92$27,900
Jun 2016498,70745.352.69$25,608
May 2016428,60842.521.99$18,925
Apr 201669,21136.561.99$18,559
Mar 201629,22433.011.79$16,614
Feb 2016129,15726.472.06$19,214
Jan 20162610,07827.352.36$24,539
Dec 20151910,93632.362.00$22,502
Nov 20152410,41838.792.17$23,510
Oct 20155511,45643.552.43$30,194
Sep 20154110,22842.992.76$29,976
Aug 20151610,83740.162.87$31,772
Jul 20151911,99748.152.95$36,247
Jun 20154412,64556.152.88$38,924
May 20152211,49955.212.96$35,199
Apr 20153910,88049.822.71$31,390
Mar 20156410,84342.892.93$34,566
Feb 2015448,18244.662.98$26,316
Jan 2015278,77743.433.10$28,387
Dec 2014378,50054.693.59$32,550
Nov 2014229,00770.464.25$39,846
Oct 20142610,80478.303.90$44,182
Sep 20142910,43486.164.05$44,709
Aug 20142110,54889.394.04$44,440
Jul 2014397,93396.564.18$36,923
Jun 2014149,08298.164.74$44,395
May 201405,48894.734.73$25,939
Apr 201405,65295.944.81$27,181
Mar 201475,03095.895.06$26,107
Feb 201495,56997.406.19$35,360
Jan 201487,09890.404.86$35,225
Dec 2013134,17691.824.35$19,378
Nov 2013203,29588.853.74$14,095
Oct 2013333,98397.423.78$18,268
Sep 2013314,177104.113.72$18,756
Aug 201395,127104.253.52$18,999
Jul 2013315,694102.523.72$24,347
Jun 201347,21394.403.93$28,749
May 2013918,25694.834.15$42,884
Apr 2013425,36593.964.28$26,922
Mar 20131196,81493.623.91$37,803
Feb 20132049,85491.233.42$52,311
Jan 201319411,25791.603.42$56,268
Dec 2012684,51186.773.42$21,329
Nov 2012577,00586.953.62$30,349
Oct 2012849,82189.383.40$40,896
Sep 20125010,83094.672.92$36,340
Aug 2012479,85292.662.91$33,006
Jul 2012329,47385.133.02$31,340
Jun 2012366,38879.822.52$18,965
May 2012809,99791.612.49$32,205
Apr 20127511,557101.652.00$30,701
Mar 20127713,151105.052.22$37,311
Feb 20128511,988101.102.57$39,406
Jan 20125010,97398.092.73$34,906
Dec 201110610,63296.873.24$44,713
Nov 20113510,73395.723.31$38,890
Oct 2011167,90784.983.65$30,209
Sep 2011324,70883.623.99$21,441
Aug 2011296,61583.404.15$29,866
Jul 2011367,31394.144.52$36,424
Jun 2011427,69192.904.64$39,587
May 2011528,28398.134.40$41,588
Apr 2011638,205105.964.33$42,230
Mar 2011708,32796.364.06$40,531
Feb 2011496,98685.644.18$33,398
Jan 2011857,45986.504.59$41,580
Dec 2010817,64285.734.35$40,170
Nov 2010757,61280.843.80$34,953
Oct 2010888,05378.103.51$35,130
Sep 2010989,22372.633.98$43,820
Aug 20106911,01473.684.42$53,759
Jul 20109111,36072.554.74$60,409
Jun 20107110,69670.364.91$57,517
May 2010823,96271.124.24$22,612
Apr 20106413581.694.12$5,785
Mar 2010815,03378.394.39$28,438
Feb 20101087,07573.585.44$46,451
Jan 20101438,66174.365.96$62,288
Dec 200913810,24171.445.48$66,018
Nov 20091619,14674.593.75$46,320
Oct 20091679,82172.544.11$52,481
Sep 20091549,93865.543.06$40,551
Aug 20091619,89367.423.22$42,695
Jul 20091399,71361.133.46$42,148
Jun 20091709,47766.163.90$48,160
May 200918111,14054.743.93$53,641
Apr 200923210,23846.773.59$47,579
Mar 200930011,04042.144.06$57,453
Feb 20092419,17832.814.63$50,429
Jan 200929011,20335.865.37$70,571
Dec 200833113,52237.105.98$93,103
Nov 200831411,78255.496.86$98,253
Oct 200831611,88975.246.92$106,071
Sep 200822411,065101.767.88$109,954
Aug 200835712,795114.228.48$149,317
Jul 200837012,413131.0811.39$189,877
Jun 200848117,240131.3313.03$287,852
May 200839618,420123.1711.57$261,974
Apr 200850716,479110.3110.45$228,213
Mar 200856518,515101.909.66$236,504
Feb 200849815,99692.538.77$186,374
Jan 200865520,92790.388.21$230,920
Dec 20071,07525,97188.337.30$284,594
Nov 200729132,81691.677.29$265,960
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

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                4,789 Mcf  × $  3.05 =    $14,587

────────────────────────────────────────────────────
Month total                                  $14,587

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/239485 is the state's own key, not one this site invented.