LOVEY 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 239913District 09Field 65280200CondensateGasSaveExport
Value, all time
$6.7 M
Jun 2007 – May 2026
Value, last 12 filed months
$127 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
CondensateDisposition4,282 bbl$330,219
GasProduction1,434,029 Mcf$6,372,848
Total$6,703,068

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 202602,673106.413.05$8,142
Apr 202602,53098.932.87$7,260
Mar 202603,01389.753.15$9,489
Feb 202602,93563.503.75$11,007
Jan 202602,88159.138.00$23,042
Dec 202502,86656.664.41$12,649
Nov 2025222,48258.593.93$11,034
Oct 202502,71359.383.30$8,966
Sep 202502,77662.743.08$8,542
Aug 202502,76863.933.01$8,345
Jul 2025362,47566.743.32$10,608
Jun 202502,67366.483.13$8,363
May 202502,78260.553.23$8,992
Apr 202502,81162.363.54$9,960
Mar 202502,84367.704.27$12,135
Feb 202502,46670.884.34$10,705
Jan 2025242,75774.324.28$13,580
Dec 202402,68568.993.12$8,381
Nov 202402,62669.052.20$5,773
Oct 202402,65671.372.28$6,059
Sep 202402,75169.612.36$6,504
Aug 202402,97975.632.06$6,148
Jul 2024673,04479.932.15$11,890
Jun 202402,98878.082.63$7,870
May 202402,64978.812.20$5,824
Apr 202402,84484.451.66$4,719
Mar 202402,90480.301.55$4,487
Feb 202402,75076.091.78$4,905
Jan 202402,53673.023.30$8,363
Dec 2023952,84771.262.61$14,202
Nov 202302,97577.892.81$8,352
Oct 202302,68985.443.09$8,302
Sep 202302,82989.042.74$7,737
Aug 202302,85280.522.67$7,623
Jul 202303,15074.852.64$8,322
Jun 202303,05868.962.26$6,906
May 202303,29570.622.23$7,339
Apr 202304,66678.122.24$10,441
Mar 202305,70772.852.39$13,658
Feb 202304,63375.112.47$11,424
Jan 202302,83276.533.39$9,594
Dec 202203,11676.415.73$17,852
Nov 202203,07985.005.65$17,385
Oct 202203,33887.185.86$19,573
Sep 202203,19784.888.16$26,099
Aug 202203,30594.529.13$30,165
Jul 202203,541101.587.54$26,707
Jun 202203,433115.097.98$27,386
May 202203,402109.378.43$28,689
Apr 2022602,985104.226.84$26,663
Mar 202203,418108.885.08$17,351
Feb 202202,72891.054.86$13,255
Jan 202201,60081.844.54$7,260
Dec 202101,69271.323.90$6,597
Nov 202101,90677.435.24$9,981
Oct 202102,56179.795.71$14,633
Sep 202102,62769.865.35$14,057
Aug 202102,61366.024.22$11,028
Jul 202102,94670.783.98$11,731
Jun 202103,15569.493.38$10,666
May 202103,10263.483.02$9,361
Apr 202102,89860.362.76$7,994
Mar 202103,12961.302.72$8,501
Feb 202102,60757.805.55$14,464
Jan 202103,45950.412.81$9,721
Dec 202002,96944.642.68$7,943
Nov 202002,76338.772.71$7,478
Oct 202002,77936.972.48$6,888
Sep 202003,05337.091.99$6,079
Aug 202003,87339.982.39$9,237
Jul 202004,09438.371.83$7,472
Jun 202004,12734.901.69$6,976
May 202004,06116.921.81$7,370
Apr 202003,29814.751.80$5,951
Mar 202003,35030.341.86$6,218
Feb 2020872,90049.881.98$10,084
Jan 202003,25057.252.09$6,808
Dec 201903,47459.012.30$8,005
Nov 201903,75255.302.75$10,321
Oct 201904,05453.472.42$9,805
Sep 201903,65255.052.66$9,704
Aug 201903,75453.112.30$8,651
Jul 201903,13156.272.46$7,702
Jun 201903,64852.782.49$9,088
May 201904,00858.482.74$10,983
Apr 201904,08962.632.75$11,248
Mar 201904,21756.803.06$12,913
Feb 2019963,93750.852.79$15,875
Jan 201904,90146.033.23$15,821
Dec 201804,48946.594.19$18,788
Nov 201804,28152.934.24$18,140
Oct 201804,23161.443.40$14,377
Sep 201802,97059.543.11$9,231
Aug 201802,46659.403.07$7,562
Jul 201803,93965.142.93$11,549
Jun 201804,08360.183.08$12,563
May 20181094,40265.382.90$19,896
Apr 201803,78263.842.90$10,971
Mar 201804,03661.222.79$11,248
Feb 201804,11161.782.77$11,372
Jan 201804,76462.874.01$19,100
Dec 201705,21257.272.92$15,227
Nov 201705,02855.423.12$15,679
Oct 201704,79749.292.98$14,313
Sep 2017313,59947.523.09$12,584
Aug 201703,54945.373.00$10,663
Jul 201704,12043.873.09$12,720
Jun 201703,94042.493.09$12,164
May 201703,22845.373.26$10,534
Apr 201702,86447.933.21$9,198
Mar 2017693,87346.772.98$14,783
Feb 201703,88050.452.95$11,456
Jan 201704,67949.413.42$15,997
Dec 201605,36848.763.72$19,984
Nov 201606,59342.492.64$17,434
Oct 201606,39046.193.09$19,747
Sep 201606,94541.553.10$21,534
Aug 201608,17041.442.92$23,892
Jul 201607,70341.622.92$22,526
Jun 201607,33745.352.69$19,706
May 20161227,78842.521.99$20,694
Apr 201607,58036.561.99$15,092
Mar 201608,02533.011.79$14,397
Feb 201607,37826.472.06$15,225
Jan 201608,17627.352.36$19,331
Dec 201508,54032.362.00$17,092
Nov 201508,02438.792.17$17,391
Oct 201508,34243.552.43$20,243
Sep 20151238,25642.992.76$28,061
Aug 201508,59440.162.87$24,686
Jul 201508,67648.152.95$25,552
Jun 201508,84956.152.88$25,510
May 2015010,06655.212.96$29,750
Apr 2015010,37849.822.71$28,089
Mar 201508,73842.892.93$25,644
Feb 2015926,72844.662.98$24,133
Jan 201507,35743.433.10$22,811
Dec 201408,09954.693.59$29,086
Nov 201407,62770.464.25$32,429
Oct 2014647,83078.303.90$35,556
Sep 201408,76486.164.05$35,454
Aug 201409,71489.394.04$39,197
Jul 2014010,79296.564.18$45,106
Jun 201409,99598.164.74$47,345
May 2014209,24794.734.73$45,601
Apr 201409,29195.944.81$44,682
Mar 2014010,40595.895.06$52,616
Feb 201408,99697.406.19$55,703
Jan 201409,06590.404.86$44,062
Dec 2013469,33191.824.35$44,855
Nov 2013347,61988.853.74$31,503
Oct 201307,91797.423.78$29,921
Sep 201307,777104.113.72$28,913
Aug 201317,989104.253.52$28,246
Jul 201318,862102.523.72$33,049
Jun 201308,35294.403.93$32,852
May 201308,99094.834.15$37,300
Apr 201307,48993.964.28$32,072
Mar 2013147,47993.623.91$30,575
Feb 201307,63091.233.42$26,094
Jan 201307,10391.603.42$24,292
Dec 2012517,48886.773.42$30,035
Nov 201207,44186.953.62$26,973
Oct 201207,21989.383.40$24,542
Sep 201207,84694.672.92$22,898
Aug 2012977,80492.662.91$31,683
Jul 201207,50085.133.02$22,656
Jun 201207,19379.822.52$18,119
May 2012013,09891.612.49$32,592
Apr 20129021,972101.652.00$53,022
Mar 2012022,778105.052.22$50,615
Feb 2012114,473101.102.57$37,300
Jan 2012792,66098.092.73$15,022
Dec 201105,42096.873.24$17,559
Nov 201107,02995.723.31$23,275
Oct 2011755,28484.983.65$25,652
Sep 201104,65183.623.99$18,538
Aug 201106,03383.404.15$25,033
Jul 201106,49694.144.52$29,344
Jun 201105,64692.904.64$26,197
May 2011617,48998.134.40$38,974
Apr 201106,123105.964.33$26,533
Mar 201115,91696.364.06$24,100
Feb 2011615,94985.644.18$30,091
Jan 201107,01286.504.59$32,177
Dec 201006,46285.734.35$28,095
Nov 2010577,10780.843.80$31,581
Oct 201007,34578.103.51$25,773
Sep 201007,07272.633.98$28,143
Aug 2010645,11573.684.42$27,321
Jul 201006,15572.554.74$29,153
Jun 201006,27670.364.91$30,818
May 2010738,13571.124.24$39,645
Apr 201007,72381.694.12$31,840
Mar 201007,25078.394.39$31,818
Feb 2010917,83773.585.44$49,348
Jan 201008,97874.365.96$53,546
Dec 20091038,13171.445.48$51,947
Nov 200908,43474.593.75$31,640
Oct 2009918,59572.544.11$41,929
Sep 200908,89565.543.06$27,261
Aug 2009879,49567.423.22$36,425
Jul 2009909,31461.133.46$37,770
Jun 200909,31966.163.90$36,298
May 2009989,94654.743.93$44,410
Apr 200909,13846.773.59$32,783
Mar 20091948,76142.144.06$43,736
Feb 200907,97432.814.63$36,944
Jan 20099512,28635.865.37$69,395
Dec 200810210,52637.105.98$66,700
Nov 200812513,10355.496.86$96,828
Oct 2008021,43775.246.92$148,386
Sep 2008868,855101.767.88$78,503
Aug 20087810,933114.228.48$101,654
Jul 2008823,458131.0811.39$50,133
Jun 2008877,327131.3313.03$106,916
May 2008019,638123.1711.57$227,296
Apr 200830224,645110.3110.45$290,974
Mar 20088023,418101.909.66$234,465
Feb 200830925,83592.538.77$255,180
Jan 2008029,84490.388.21$244,892
Dec 200725927,80388.337.30$225,894
Nov 2007027,07191.677.29$197,394
Oct 2007012,82682.856.92$88,781
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                2,673 Mcf  × $  3.05 =     $8,142

────────────────────────────────────────────────────
Month total                                   $8,142

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/239913 is the state's own key, not one this site invented.