NOEL

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 239494District 09Field 65280200CondensateGasSaveExport
Value, all time
$1.4 M
Jun 2007 – May 2026
Value, last 12 filed months
$0
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
CondensateDisposition894 bbl$80,936
GasProduction192,547 Mcf$1,286,083
Total$1,367,020

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 202600106.413.05$0
Apr 20260098.932.87$0
Mar 20260089.753.15$0
Feb 20260063.503.75$0
Jan 20260059.138.00$0
Dec 20250056.664.41$0
Nov 20250058.593.93$0
Oct 20250059.383.30$0
Sep 20250062.743.08$0
Aug 20250063.933.01$0
Jul 20250066.743.32$0
Jun 20250066.483.13$0
May 20250060.553.23$0
Apr 20250062.363.54$0
Mar 20250067.704.27$0
Feb 20250070.884.34$0
Jan 20250074.324.28$0
Dec 20240068.993.12$0
Nov 20240069.052.20$0
Oct 20240071.372.28$0
Sep 20240069.612.36$0
Aug 20240075.632.06$0
Jul 20240079.932.15$0
Jun 20240078.082.63$0
May 20240078.812.20$0
Apr 20240084.451.66$0
Mar 20240080.301.55$0
Feb 20240076.091.78$0
Jan 20240073.023.30$0
Dec 20230071.262.61$0
Nov 20230077.892.81$0
Oct 20230085.443.09$0
Sep 20230089.042.74$0
Aug 20230080.522.67$0
Jul 20230074.852.64$0
Jun 20230068.962.26$0
May 20230070.622.23$0
Apr 20230078.122.24$0
Mar 20230072.852.39$0
Feb 20230075.112.47$0
Jan 20230076.533.39$0
Dec 20220076.415.73$0
Nov 20220085.005.65$0
Oct 20220087.185.86$0
Sep 20220084.888.16$0
Aug 20220094.529.13$0
Jul 202200101.587.54$0
Jun 202200115.097.98$0
May 202200109.378.43$0
Apr 202200104.226.84$0
Mar 202200108.885.08$0
Feb 20220091.054.86$0
Jan 20220081.844.54$0
Dec 20210071.323.90$0
Nov 20210077.435.24$0
Oct 20210079.795.71$0
Sep 20210069.865.35$0
Aug 20210066.024.22$0
Jul 20210070.783.98$0
Jun 20210069.493.38$0
May 20210063.483.02$0
Apr 20210060.362.76$0
Mar 20210061.302.72$0
Feb 20210057.805.55$0
Jan 20210050.412.81$0
Dec 20200044.642.68$0
Nov 20200038.772.71$0
Oct 20200036.972.48$0
Sep 20200037.091.99$0
Aug 20200039.982.39$0
Jul 20200038.371.83$0
Jun 20200034.901.69$0
May 20200016.921.81$0
Apr 20200014.751.80$0
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 201901,09056.803.06$3,338
Feb 201901,61450.852.79$4,507
Jan 201902,14346.033.23$6,918
Dec 201801,10246.594.19$4,612
Nov 2018022852.934.24$966
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 20171146.772.98$50
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 2016010641.622.92$310
Jun 201602845.352.69$75
May 20160042.521.99$0
Apr 201620036.561.99$731
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 201501,03843.433.10$3,218
Dec 2014151554.693.59$1,904
Nov 2014080270.464.25$3,410
Oct 2014086978.303.90$3,390
Sep 2014076886.164.05$3,107
Aug 2014080689.394.04$3,252
Jul 2014083296.564.18$3,477
Jun 2014090798.164.74$4,296
May 20145778594.734.73$9,110
Apr 2014086195.944.81$4,141
Mar 2014080295.895.06$4,056
Feb 2014061897.406.19$3,827
Jan 201401,05190.404.86$5,109
Dec 2013084891.824.35$3,693
Nov 2013082188.853.74$3,069
Oct 20132230597.423.78$3,296
Sep 20130735104.113.72$2,733
Aug 20130701104.253.52$2,469
Jul 20130664102.523.72$2,469
Jun 2013170794.403.93$2,875
May 2013059294.834.15$2,456
Apr 2013122993.964.28$1,075
Mar 20130093.623.91$0
Feb 20130191.233.42$3
Jan 2013236791.603.42$1,438
Dec 20126755886.773.42$7,722
Nov 2012068586.953.62$2,483
Oct 2012077989.383.40$2,648
Sep 2012064194.672.92$1,871
Aug 2012083892.662.91$2,437
Jul 2012093285.133.02$2,815
Jun 201221,00179.822.52$2,681
May 201231,09791.612.49$3,005
Apr 201201,240101.652.00$2,476
Mar 201211,452105.052.22$3,332
Feb 20120918101.102.57$2,359
Jan 201211,09998.092.73$3,103
Dec 201101,24296.873.24$4,024
Nov 2011921,15095.723.31$12,614
Oct 201101,23984.983.65$4,521
Sep 2011291583.623.99$3,814
Aug 201101,12383.404.15$4,660
Jul 201101,74194.144.52$7,865
Jun 2011063392.904.64$2,937
May 201114598.134.40$296
Apr 201100105.964.33$0
Mar 20110096.364.06$0
Feb 201101085.644.18$42
Jan 20111186.504.59$91
Dec 20101185.734.35$90
Nov 20101480.843.80$96
Oct 20102278.103.51$163
Sep 2010195172.633.98$3,857
Aug 2010096573.684.42$4,265
Jul 201001,25872.554.74$5,959
Jun 201011,31470.364.91$6,523
May 2010081571.124.24$3,452
Apr 201011,87181.694.12$7,795
Mar 2010752,27178.394.39$15,846
Feb 201002,97873.585.44$16,207
Jan 20100074.365.96$0
Dec 200917371.445.48$472
Nov 20090074.593.75$0
Oct 200901,49272.544.11$6,132
Sep 200902,20565.543.06$6,758
Aug 200903,23367.423.22$10,405
Jul 200903,03961.133.46$10,529
Jun 2009084666.163.90$3,295
May 2009491,38654.743.93$8,123
Apr 200902,47646.773.59$8,883
Mar 200904,86442.144.06$19,743
Feb 2009062532.814.63$2,896
Jan 200901,98735.865.37$10,672
Dec 200804,21737.105.98$25,206
Nov 2008684,52455.496.86$34,810
Oct 200802,69975.246.92$18,682
Sep 20081792,885101.767.88$40,940
Aug 200804,418114.228.48$37,478
Jul 200805,649131.0811.39$64,339
Jun 2008946,464131.3313.03$96,588
May 200806,036123.1711.57$69,862
Apr 200807,998110.3110.45$83,618
Mar 2008010,703101.909.66$103,435
Feb 200805,06392.538.77$44,405
Jan 20088312,04590.388.21$106,340
Dec 20076314,62088.337.30$112,320
Nov 2007010,28991.677.29$75,024
Oct 2007018,00682.856.92$124,637
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.

Mar 2019 — as filed, then multipliedworked
Condensate             0 bbl  × $ 56.80 =         $0
Gas                1,090 Mcf  × $  3.06 =     $3,338

────────────────────────────────────────────────────
Month total                                   $3,338

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/239494 is the state's own key, not one this site invented.