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 239497District 09Field 65280200CondensateGasSaveExport
Value, all time
$5.4 M
Jun 2007 – May 2026
Value, last 12 filed months
$10 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
CondensateDisposition9,455 bbl$718,281
GasProduction1,102,070 Mcf$4,664,965
Total$5,383,246

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 20260123106.413.05$375
Apr 20260098.932.87$0
Mar 202601589.753.15$47
Feb 20260063.503.75$0
Jan 202609459.138.00$752
Dec 202511056.664.41$623
Nov 20250058.593.93$0
Oct 202510059.383.30$594
Sep 20251007162.743.08$6,492
Aug 2025101963.933.01$697
Jul 2025011766.743.32$388
Jun 2025012566.483.13$391
May 20250060.553.23$0
Apr 202596762.363.54$799
Mar 20250067.704.27$0
Feb 20250070.884.34$0
Jan 202510074.324.28$743
Dec 20240068.993.12$0
Nov 20240069.052.20$0
Oct 20244071.372.28$285
Sep 20240069.612.36$0
Aug 20240075.632.06$0
Jul 20248079.932.15$639
Jun 202406078.082.63$158
May 202493,59878.812.20$8,619
Apr 2024104,47684.451.66$8,271
Mar 2024104,81280.301.55$8,238
Feb 202403,30876.091.78$5,900
Jan 202404,54773.023.30$14,994
Dec 202305,18171.262.61$13,526
Nov 2023104,73677.892.81$14,076
Oct 202304,44285.443.09$13,714
Sep 2023103,53989.042.74$10,570
Aug 202304,29480.522.67$11,477
Jul 2023105,32974.852.64$14,827
Jun 202305,25568.962.26$11,868
May 202304,26570.622.23$9,500
Apr 2023103,05478.122.24$7,615
Mar 2023103,46572.852.39$9,021
Feb 202303,35175.112.47$8,262
Jan 2023104,14076.533.39$14,790
Dec 202294,21776.415.73$24,847
Nov 2022104,08085.005.65$23,887
Oct 2022104,22487.185.86$25,640
Sep 202204,51684.888.16$36,867
Aug 202293,80194.529.13$35,543
Jul 202204,291101.587.54$32,363
Jun 202294,532115.097.98$37,188
May 2022104,690109.378.43$40,645
Apr 202203,876104.226.84$26,503
Mar 2022204,102108.885.08$23,001
Feb 2022103,81991.054.86$19,466
Jan 2022103,92081.844.54$18,606
Dec 202103,38871.323.90$13,210
Nov 2021152,97277.435.24$16,725
Oct 202123,02279.795.71$17,427
Sep 202122,96169.865.35$15,984
Aug 2021113,21766.024.22$14,304
Jul 2021113,14570.783.98$13,302
Jun 2021123,17169.493.38$11,554
May 2021143,15463.483.02$10,406
Apr 2021173,05260.362.76$9,445
Mar 2021153,21861.302.72$9,663
Feb 202163,17757.805.55$17,973
Jan 202103,52350.412.81$9,901
Dec 202003,32344.642.68$8,891
Nov 202003,21038.772.71$8,688
Oct 202003,03336.972.48$7,517
Sep 202003,22637.091.99$6,423
Aug 202003,42639.982.39$8,171
Jul 202003,35438.371.83$6,121
Jun 202003,22534.901.69$5,451
May 202003,39616.921.81$6,163
Apr 202002,93014.751.80$5,287
Mar 202023,13030.341.86$5,871
Feb 202003,30649.881.98$6,548
Jan 202023,58357.252.09$7,620
Dec 201933,57259.012.30$8,408
Nov 201974,01855.302.75$11,439
Oct 201974,00953.472.42$10,070
Sep 2019413,83755.052.66$12,453
Aug 201983,90853.112.30$9,430
Jul 201903,64756.272.46$8,972
Jun 201913,77152.782.49$9,447
May 201924,62658.482.74$12,794
Apr 201974,22862.632.75$12,068
Mar 201904,57856.803.06$14,018
Feb 201903,94050.852.79$11,001
Jan 201924,95446.033.23$16,084
Dec 201864,56446.594.19$19,382
Nov 201823,88852.934.24$16,580
Oct 201884,30661.443.40$15,124
Sep 201883,87259.543.11$12,511
Aug 201853,78059.403.07$11,889
Jul 2018124,06865.142.93$12,709
Jun 201843,70560.183.08$11,641
May 201853,91965.382.90$11,695
Apr 201843,84663.842.90$11,412
Mar 201853,67561.222.79$10,548
Feb 2018193,20261.782.77$10,031
Jan 2018213,81162.874.01$16,600
Dec 201753,87157.272.92$11,596
Nov 201734,11555.423.12$12,998
Oct 201774,18449.292.98$12,829
Sep 201724,77447.523.09$14,834
Aug 201754,98445.373.00$15,201
Jul 201755,43043.873.09$16,983
Jun 201795,68342.493.09$17,927
May 201735,59845.373.26$18,405
Apr 201704,59547.933.21$14,757
Mar 201714,94246.772.98$14,792
Feb 201745,75150.452.95$17,182
Jan 201786,69349.413.42$23,277
Dec 2016137,23048.763.72$27,550
Nov 2016177,65042.492.64$20,952
Oct 2016389,69746.193.09$31,721
Sep 20164210,04141.553.10$32,879
Aug 2016558,92541.442.92$28,379
Jul 201693,68041.622.92$11,136
Jun 201681,40145.352.69$4,126
May 20160042.521.99$0
Apr 20161036.561.99$37
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 20151040.162.87$40
Jul 20152048.152.95$96
Jun 20150456.152.88$12
May 20150055.212.96$0
Apr 20153349.822.71$158
Mar 2015141,05442.892.93$3,694
Feb 2015114,94544.662.98$15,209
Jan 2015106,46843.433.10$20,489
Dec 2014136,27854.693.59$23,258
Nov 201475,99570.464.25$25,983
Oct 201466,74978.303.90$26,797
Sep 2014296,55586.164.05$29,017
Aug 2014396,51489.394.04$29,771
Jul 2014125,23696.564.18$23,043
Jun 2014175,78098.164.74$29,048
May 201437,42494.734.73$35,374
Apr 201438,36195.944.81$40,497
Mar 201443,71495.895.06$19,165
Feb 201435,01697.406.19$31,351
Jan 201407,47290.404.86$36,319
Dec 201317,45591.824.35$32,554
Nov 201337,00588.853.74$26,453
Oct 201364,15097.423.78$16,269
Sep 201354,273104.113.72$16,406
Aug 201304,895104.253.52$17,243
Jul 201313,701102.523.72$13,862
Jun 201306,71594.403.93$26,413
May 201325,39394.834.15$22,566
Apr 201313,56093.964.28$15,340
Mar 201324,11093.623.91$16,269
Feb 201324,21891.233.42$14,608
Jan 201315,37891.603.42$18,484
Dec 201207,60186.773.42$25,997
Nov 201215,76786.953.62$20,992
Oct 201214,12989.383.40$14,127
Sep 201215,01394.672.92$14,725
Aug 201245,99692.662.91$17,808
Jul 201237,32385.133.02$22,377
Jun 201237,65079.822.52$19,510
May 201239,38591.612.49$23,628
Apr 201229,818101.652.00$19,808
Mar 201219,511105.052.22$21,239
Feb 201216,469101.102.57$16,728
Jan 201215,53998.092.73$15,242
Dec 201131,66696.873.24$5,688
Nov 201142,72495.723.31$9,403
Oct 2011114,68184.983.65$18,014
Sep 201177,38783.623.99$30,028
Aug 201195,51683.404.15$23,638
Jul 201196,37494.144.52$29,640
Jun 2011187,27792.904.64$35,437
May 2011327,82098.134.40$37,586
Apr 2011427,979105.964.33$39,026
Mar 2011547,55096.364.06$35,836
Feb 2011379,79185.644.18$44,095
Jan 2011499,18886.504.59$46,400
Dec 2010588,38785.734.35$41,437
Nov 2010618,34480.843.80$36,599
Oct 2010608,39078.103.51$34,126
Sep 2010629,51772.633.98$42,376
Aug 2010536,67873.684.42$33,418
Jul 2010699,90972.554.74$51,940
Jun 2010509,69670.364.91$51,129
May 201012011,11071.124.24$55,588
Apr 201012614,03581.694.12$68,155
Mar 20109310,12378.394.39$51,717
Feb 20101119,75273.585.44$61,241
Jan 201014511,33874.365.96$78,403
Dec 200914612,28071.445.48$77,771
Nov 20091439,32174.593.75$45,634
Oct 20091568,92972.544.11$48,017
Sep 20091529,47365.543.06$38,994
Aug 200917811,00967.423.22$47,433
Jul 200915110,98561.133.46$47,288
Jun 200918811,81866.163.90$58,469
May 200918610,06454.743.93$49,690
Apr 200925213,12746.773.59$58,879
Mar 200930114,32742.144.06$70,837
Feb 20092539,45832.814.63$52,120
Jan 200933815,41635.865.37$94,920
Dec 200837515,51337.105.98$106,636
Nov 200830712,96455.496.86$105,973
Oct 20082118,91175.246.92$77,557
Sep 20081011,564101.767.88$22,598
Aug 200894259114.228.48$12,934
Jul 200812196131.0811.39$16,954
Jun 2008154150131.3313.03$22,180
May 20082508,222123.1711.57$125,956
Apr 20081882,103110.3110.45$42,725
Mar 2008206244101.909.66$23,349
Feb 200818718,39792.538.77$178,655
Jan 200875518,64990.388.21$221,266
Dec 20071,26926,56388.337.30$306,053
Nov 200741919,71391.677.29$182,151
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                  123 Mcf  × $  3.05 =       $375

────────────────────────────────────────────────────
Month total                                     $375

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/239497 is the state's own key, not one this site invented.