HOT LIPS 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 239941District 09Field 65280200CondensateGasSaveExport
Value, all time
$7.4 M
Jun 2007 – May 2026
Value, last 12 filed months
$117 k
at the published price for each month
Months reported
222
6 months not filed
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
CondensateDisposition488 bbl$36,796
GasProduction1,653,224 Mcf$7,342,121
Total$7,378,918

Every month this lease reported (222)

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

222 months

May 202601,671106.413.05$5,090
Apr 202641,75098.932.87$5,418
Mar 202601,77189.753.15$5,578
Feb 202601,56063.503.75$5,851
Jan 202601,99159.138.00$15,924
Dec 202502,24956.664.41$9,926
Nov 202502,65358.593.93$10,417
Oct 202503,03859.383.30$10,040
Sep 202502,92962.743.08$9,012
Aug 202502,71863.933.01$8,194
Jul 202506,99966.743.32$23,203
Jun 202502,73166.483.13$8,545
May 202502,83660.553.23$9,167
Apr 202572,72262.363.54$10,081
Mar 202502,53367.704.27$10,812
Feb 202552,16270.884.34$9,739
Jan 202542,61974.324.28$11,503
Dec 202452,05168.993.12$6,747
Nov 202403,92369.052.20$8,624
Oct 202402,30871.372.28$5,265
Sep 202452,19469.612.36$5,535
Aug 202402,08375.632.06$4,299
Jul 202441,70879.932.15$3,986
Jun 2024301,17978.082.63$5,448
May 202441,49178.812.20$3,593
Apr 202431,74084.451.66$3,140
Mar 202432,64780.301.55$4,331
Feb 202492,77776.091.78$5,638
Jan 2024613,76273.023.30$16,860
Dec 202343,87471.262.61$10,399
Nov 202304,25777.892.81$11,952
Oct 202384,74385.443.09$15,326
Sep 202344,33089.042.74$12,199
Aug 202304,12480.522.67$11,023
Jul 202304,59074.852.64$12,126
Jun 202305,24568.962.26$11,846
May 202321,49970.622.23$3,480
Apr 202346,28478.122.24$14,375
Mar 2023126,22272.852.39$15,764
Feb 202388,59575.112.47$21,793
Jan 202333,56676.533.39$12,310
Dec 202243,67376.415.73$21,349
Nov 202204,02385.005.65$22,715
Oct 202234,18287.185.86$24,784
Sep 202244,01184.888.16$33,084
Aug 202206,29294.529.13$57,428
Jul 202296,565101.587.54$50,428
Jun 2022146,418115.097.98$52,809
May 2022166,096109.378.43$53,158
Apr 2022105,650104.226.84$39,675
Mar 202204,090108.885.08$20,762
Feb 202202,39891.054.86$11,652
Jan 202204,42581.844.54$20,079
Dec 202104,66571.323.90$18,189
Nov 202104,22477.435.24$22,120
Oct 202104,61179.795.71$26,347
Sep 202104,49969.865.35$24,074
Aug 202104,34866.024.22$18,351
Jul 202164,02170.783.98$16,437
Jun 202103,77069.493.38$12,745
May 202103,78563.483.02$11,422
Apr 202103,93260.362.76$10,846
Mar 202104,57361.302.72$12,425
Feb 202104,78357.805.55$26,536
Jan 202104,89450.412.81$13,753
Dec 202005,00544.642.68$13,391
Nov 202004,97638.772.71$13,468
Oct 202005,14836.972.48$12,759
Sep 202004,69237.091.99$9,342
Aug 202004,58039.982.39$10,924
Jul 202004,36538.371.83$7,967
Jun 202003,91934.901.69$6,624
May 202003,13916.921.81$5,697
Apr 202003,10314.751.80$5,599
Mar 202003,82430.341.86$7,098
Feb 202003,71149.881.98$7,350
Jan 202004,20057.252.09$8,798
Dec 201904,26359.012.30$9,823
Nov 201904,11155.302.75$11,308
Oct 201904,11753.472.42$9,957
Sep 201904,29355.052.66$11,408
Aug 201904,50153.112.30$10,372
Jul 201904,07656.272.46$10,027
Jun 201904,28552.782.49$10,675
May 201904,37058.482.74$11,975
Apr 201904,19762.632.75$11,545
Mar 201904,34456.803.06$13,302
Feb 201903,76350.852.79$10,507
Jan 201904,53646.033.23$14,643
Dec 201804,55046.594.19$19,044
Nov 201804,32352.934.24$18,318
Oct 201804,55161.443.40$15,465
Sep 201804,59159.543.11$14,269
Aug 201804,68259.403.07$14,358
Jul 201804,42965.142.93$12,985
Jun 201804,59460.183.08$14,135
May 201805,14865.382.90$14,933
Apr 201804,89363.842.90$14,194
Mar 201804,45461.222.79$12,413
Feb 201803,72661.782.77$10,307
Jan 201804,81762.874.01$19,313
Dec 201704,56157.272.92$13,325
Nov 201704,48855.423.12$13,995
Oct 201704,52249.292.98$13,492
Sep 201704,07247.523.09$12,571
Aug 201704,59445.373.00$13,802
Jul 201704,50843.873.09$13,917
Jun 201704,76242.493.09$14,702
May 201704,32345.373.26$14,108
Apr 201704,09547.933.21$13,152
Mar 201705,11546.772.98$15,262
Feb 201705,05750.452.95$14,931
Jan 2017274,56749.413.42$16,948
Dec 201606,86648.763.72$25,561
Nov 201607,40042.492.64$19,568
Oct 201607,95846.193.09$24,592
Sep 2016010,39441.553.10$32,228
Aug 2016012,95741.442.92$37,891
Jul 2016010,92841.622.92$31,957
Jun 2016010,97945.352.69$29,488
May 2016010,07942.521.99$20,068
Apr 201609,39036.561.99$18,696
Mar 201609,83933.011.79$17,651
Feb 2016169,14826.472.06$19,302
Jan 2016010,01727.352.36$23,684
Dec 201509,94632.362.00$19,906
Nov 201509,61238.792.17$20,832
Oct 2015010,29043.552.43$24,970
Sep 2015010,27842.992.76$28,351
Aug 2015010,63040.162.87$30,535
Jul 2015011,22848.152.95$33,067
Jun 2015010,97756.152.88$31,645
May 2015011,52655.212.96$34,065
Apr 2015011,35249.822.71$30,725
Mar 2015013,13542.892.93$38,547
Feb 201505,66244.662.98$16,851
Jan 2015010,29443.433.10$31,918
Dec 20141810,93454.693.59$40,252
Nov 2014010,93570.464.25$46,494
Oct 201409,14978.303.90$35,690
Sep 2014010,54286.164.05$42,647
Aug 2014010,97389.394.04$44,277
Jul 2014011,14096.564.18$46,561
Jun 2014011,00698.164.74$52,134
May 2014010,93894.734.73$51,699
Apr 201407,91695.944.81$38,069
Mar 2014011,81295.895.06$59,731
Feb 2014010,71597.406.19$66,347
Jan 201409,04090.404.86$43,941
Dec 201307,49791.824.35$32,646
Nov 20131912,21388.853.74$47,344
Oct 2013013,48197.423.78$50,950
Sep 2013014,568104.113.72$54,160
Aug 2013016,777104.253.52$59,099
Jul 2013217,014102.523.72$63,459
Jun 2013014,64894.403.93$57,617
May 2013011,09094.834.15$46,013
Apr 201309,18693.964.28$39,340
Mar 201325,46093.623.91$21,552
Feb 201307,49991.233.42$25,646
Jan 201338,17691.603.42$28,236
Dec 2012010,09886.773.42$34,537
Nov 201209,08786.953.62$32,940
Oct 201208,58189.383.40$29,173
Sep 2012107,51994.672.92$22,890
Aug 201205,49992.662.91$15,992
Jul 201206,95485.133.02$21,007
Jun 201236,50379.822.52$16,621
May 201247,92891.612.49$20,094
Apr 201238,548101.652.00$17,374
Mar 201237,552105.052.22$17,096
Feb 201218,339101.102.57$21,534
Jan 2012158,53398.092.73$24,801
Dec 201179,15896.873.24$30,348
Nov 201108,66995.723.31$28,705
Oct 201109,31984.983.65$34,001
Sep 201106,60083.623.99$26,306
Aug 201106483.404.15$266
Jul 2011014794.144.52$664
Jun 2011015892.904.64$733
May 201125798.134.40$447
Apr 20110253105.964.33$1,096
Mar 201106996.364.06$280
Feb 2011019585.644.18$815
Jan 2011033286.504.59$1,523
Dec 2010025885.734.35$1,122
Nov 2010020680.843.80$782
Oct 20101718678.103.51$1,980
Sep 2010231072.633.98$1,710
Aug 2010016,42173.684.42$72,570
Jul 2010117,10372.554.74$81,081
Jun 2010017,15570.364.91$84,238
May 201004,36771.124.24$18,495
Apr 201003,02481.694.12$12,467
Mar 2010019,47578.394.39$85,469
Feb 2010016,24873.585.44$88,427
Jan 2010019,56274.365.96$116,670
Dec 2009016,12671.445.48$88,431
Nov 2009016,76874.593.75$62,905
Oct 2009018,55372.544.11$76,257
Sep 2009016,36065.543.06$50,139
Aug 2009319,79067.423.22$63,896
Jul 2009018,78161.133.46$65,067
Jun 2009215,70066.163.90$61,284
May 2009822,44054.743.93$88,532
Apr 2009026,42046.773.59$94,782
Mar 2009015,38542.144.06$62,448
Feb 2009176832.814.63$3,591
Jan 20093227,83135.865.37$150,628
Dec 2008022,01737.105.98$131,599
Nov 2008020,74655.496.86$142,325
Oct 2008331,38275.246.92$217,451
Sep 2008336,059101.767.88$284,345
Aug 2008341,555114.228.48$352,855
Jul 2008044,035131.0811.39$501,534
Jun 2008243,745131.3313.03$570,375
May 200800123.1711.57$0
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

Not filed, and not zero: Nov 2007 – Apr 2008 (6 months). The Railroad Commission holds no report for those months, so this page shows none — a zero would state that the lease produced nothing.

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                1,671 Mcf  × $  3.05 =     $5,090

────────────────────────────────────────────────────
Month total                                   $5,090

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/239941 is the state's own key, not one this site invented.