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 239491District 09Field 65280200CondensateGasSaveExport
Value, all time
$4.9 M
Jun 2007 – May 2026
Value, last 12 filed months
$140 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
CondensateDisposition9,047 bbl$766,142
GasProduction857,304 Mcf$4,092,398
Total$4,858,539

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 202602,383106.413.05$7,258
Apr 202602,29298.932.87$6,577
Mar 202602,28589.753.15$7,196
Feb 202601,09463.503.75$4,103
Jan 202601,85359.138.00$14,820
Dec 202561,69956.664.41$7,838
Nov 202503,30358.593.93$12,969
Oct 202574,92059.383.30$16,675
Sep 2025334,73362.743.08$16,633
Aug 2025104,61863.933.01$14,561
Jul 202504,92966.743.32$16,341
Jun 202504,94766.483.13$15,478
May 202504,10260.553.23$13,259
Apr 202593,68162.363.54$13,603
Mar 202503,82467.704.27$16,322
Feb 202504,78970.884.34$20,788
Jan 2025105,14474.324.28$22,753
Dec 202405,02268.993.12$15,676
Nov 202404,12169.052.20$9,060
Oct 202444,79671.372.28$11,227
Sep 202404,63469.612.36$10,956
Aug 202405,51475.632.06$11,379
Jul 202484,39579.932.15$10,074
Jun 202404,80378.082.63$12,651
May 202493,33978.812.20$8,050
Apr 2024103,18384.451.66$6,126
Mar 2024103,63380.301.55$6,416
Feb 202404,09576.091.78$7,304
Jan 202403,04973.023.30$10,055
Dec 202303,28971.262.61$8,587
Nov 2023103,76877.892.81$11,358
Oct 202304,01985.443.09$12,408
Sep 2023103,94589.042.74$11,680
Aug 202303,75080.522.67$10,023
Jul 2023103,97374.852.64$11,244
Jun 202303,88868.962.26$8,781
May 202302,75270.622.23$6,130
Apr 2023101,98178.122.24$5,214
Mar 2023101,72272.852.39$4,850
Feb 202301,90075.112.47$4,685
Jan 2023102,19476.533.39$8,198
Dec 202292,24676.415.73$13,555
Nov 2022102,16685.005.65$13,080
Oct 2022102,52087.185.86$15,648
Sep 202202,27784.888.16$18,589
Aug 202292,56394.529.13$24,244
Jul 202202,575101.587.54$19,421
Jun 202292,555115.097.98$21,418
May 2022102,980109.378.43$26,224
Apr 202202,323104.226.84$15,884
Mar 2022202,374108.885.08$14,229
Feb 2022102,02291.054.86$10,735
Jan 2022102,17581.844.54$10,688
Dec 202101,93071.323.90$7,525
Nov 2021151,88877.435.24$11,049
Oct 202122,21579.795.71$12,816
Sep 202122,73469.865.35$14,769
Aug 2021102,88566.024.22$12,837
Jul 2021112,92370.783.98$12,418
Jun 2021112,79969.493.38$10,227
May 2021122,88063.483.02$9,453
Apr 2021152,72960.362.76$8,433
Mar 202102,63661.302.72$7,162
Feb 202102,48857.805.55$13,803
Jan 202101,58450.412.81$4,451
Dec 202002,47944.642.68$6,632
Nov 202002,41438.772.71$6,534
Oct 202002,52236.972.48$6,251
Sep 202002,33937.091.99$4,657
Aug 202002,48539.982.39$5,927
Jul 202003,13938.371.83$5,729
Jun 202003,17034.901.69$5,358
May 202003,21416.921.81$5,833
Apr 202003,10614.751.80$5,604
Mar 202003,06330.341.86$5,686
Feb 202002,76949.881.98$5,484
Jan 202002,34757.252.09$4,916
Dec 201903,02759.012.30$6,975
Nov 201903,07855.302.75$8,467
Oct 201903,22353.472.42$7,795
Sep 201903,22655.052.66$8,572
Aug 201903,51753.112.30$8,104
Jul 201904,22856.272.46$10,401
Jun 201903,94852.782.49$9,835
May 201904,30458.482.74$11,794
Apr 201904,21962.632.75$11,605
Mar 201904,36156.803.06$13,354
Feb 201903,66250.852.79$10,225
Jan 201903,44846.033.23$11,131
Dec 201803,55846.594.19$14,892
Nov 201803,52052.934.24$14,915
Oct 201803,62561.443.40$12,318
Sep 201803,71259.543.11$11,537
Aug 201803,82759.403.07$11,736
Jul 201803,80265.142.93$11,147
Jun 201803,76960.183.08$11,597
May 201804,01765.382.90$11,653
Apr 201803,84763.842.90$11,159
Mar 201803,89861.222.79$10,863
Feb 201803,55761.782.77$9,839
Jan 201803,98062.874.01$15,957
Dec 201703,98957.272.92$11,654
Nov 201703,91055.423.12$12,193
Oct 201704,03549.292.98$12,039
Sep 201703,59047.523.09$11,083
Aug 201701,39145.373.00$4,179
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 20160946.193.09$28
Sep 201607041.553.10$217
Aug 20160041.442.92$0
Jul 20160041.622.92$0
Jun 2016346145.352.69$1,374
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 20140054.693.59$0
Nov 20140070.464.25$0
Oct 20140078.303.90$0
Sep 20140086.164.05$0
Aug 20140089.394.04$0
Jul 201402,46596.564.18$10,303
Jun 2014036198.164.74$1,710
May 2014096694.734.73$4,566
Apr 2014079695.944.81$3,828
Mar 201405,80195.895.06$29,335
Feb 201401,48997.406.19$9,220
Jan 20140090.404.86$0
Dec 201301,77591.824.35$7,729
Nov 201302,41288.853.74$9,017
Oct 201306,02497.423.78$22,767
Sep 201305,825104.113.72$21,656
Aug 201315,819104.253.52$20,602
Jul 201304,493102.523.72$16,704
Jun 201303,24194.403.93$12,748
May 201313,06494.834.15$12,808
Apr 201316,98993.964.28$30,025
Mar 201315,46993.623.91$21,493
Feb 201321,58691.233.42$5,606
Jan 201331,44191.603.42$5,203
Dec 201215,92386.773.42$20,344
Nov 201202,88686.953.62$10,462
Oct 201223,11189.383.40$10,755
Sep 201233,55794.672.92$10,665
Aug 201254,59592.662.91$13,826
Jul 201254,13885.133.02$12,926
Jun 201285,72979.822.52$15,070
May 2012183,49291.612.49$10,338
Apr 201232,962101.652.00$6,219
Mar 20120491105.052.22$1,091
Feb 201211,759101.102.57$4,622
Jan 201214,80498.092.73$13,233
Dec 201135,38196.873.24$17,724
Nov 201194,21395.723.31$14,812
Oct 201195,91484.983.65$22,342
Sep 201106,07883.623.99$24,226
Aug 201104,27783.404.15$17,747
Jul 201106,07794.144.52$27,451
Jun 201105,27492.904.64$24,471
May 201105,76798.134.40$25,403
Apr 201105,369105.964.33$23,265
Mar 201106,52596.364.06$26,474
Feb 201103,26585.644.18$13,648
Jan 201105,67786.504.59$26,051
Dec 201006,74885.734.35$29,339
Nov 201006,04580.843.80$22,943
Oct 201006,56178.103.51$23,022
Sep 201006,55172.633.98$26,070
Aug 201002,31973.684.42$10,249
Jul 20109072.554.74$653
Jun 2010294,01970.364.91$21,775
May 2010847,34671.124.24$37,086
Apr 20101124,57381.694.12$28,002
Mar 2010977,59378.394.39$40,927
Feb 20101076,10373.585.44$41,088
Jan 20101256,22474.365.96$46,416
Dec 20091063,32471.445.48$25,801
Nov 20091457,13774.593.75$37,590
Oct 20091838,21572.544.11$47,041
Sep 20091677,92665.543.06$35,236
Aug 20091496,67967.423.22$31,542
Jul 20091297,70561.133.46$34,580
Jun 20091667,38566.163.90$39,747
May 20091506,88754.743.93$35,248
Apr 20092007,93246.773.59$37,810
Mar 20092809,50942.144.06$50,396
Feb 20092326,79832.814.63$39,107
Jan 20092234,57035.865.37$32,542
Dec 20082183,96037.105.98$31,757
Nov 20082666,67055.496.86$60,519
Oct 20082528,29675.246.92$76,385
Sep 200822411,317101.767.88$111,939
Aug 200835812,838114.228.48$149,796
Jul 200838413,907131.0811.39$208,728
Jun 200833411,872131.3313.03$198,588
May 20082506,946123.1711.57$111,188
Apr 200842412,649110.3110.45$179,015
Mar 200850214,957101.909.66$195,699
Feb 200856518,39792.538.77$213,632
Jan 200870017,68590.388.21$208,384
Dec 20071,18326,08488.337.30$294,959
Nov 200726329,61491.677.29$240,046
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                2,383 Mcf  × $  3.05 =     $7,258

────────────────────────────────────────────────────
Month total                                   $7,258

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/239491 is the state's own key, not one this site invented.