OLCOTT SOUTH

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 240010District 09Field 65280200CondensateGasSaveExport
Value, all time
$12.9 M
Jun 2007 – May 2026
Value, last 12 filed months
$316 k
at the published price for each month
Months reported
223
5 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
CondensateDisposition2 bbl$66
GasProduction3,393,641 Mcf$12,914,605
Total$12,914,670

Every month this lease reported (223)

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

223 months

May 202606,661106.413.05$20,288
Apr 2026015,83998.932.87$45,454
Mar 2026013,30789.753.15$41,910
Feb 202607,92063.503.75$29,703
Jan 202606,14959.138.00$49,179
Dec 202503,70156.664.41$16,334
Nov 202504,57758.593.93$17,971
Oct 202504,95659.383.30$16,379
Sep 202504,72062.743.08$14,523
Aug 202506,62163.933.01$19,961
Jul 202507,16566.743.32$23,753
Jun 202506,44466.483.13$20,161
May 202507,24660.553.23$23,421
Apr 202506,93362.363.54$24,564
Mar 202507,08267.704.27$30,228
Feb 202506,29270.884.34$27,313
Jan 202506,75974.324.28$28,920
Dec 202407,12868.993.12$22,249
Nov 202407,68269.052.20$16,888
Oct 202407,98571.372.28$18,217
Sep 202407,68569.612.36$18,170
Aug 202407,83775.632.06$16,173
Jul 202407,78979.932.15$16,720
Jun 202406,75178.082.63$17,782
May 202407,36078.812.20$16,181
Apr 202407,90684.451.66$13,118
Mar 202408,07280.301.55$12,472
Feb 202407,76476.091.78$13,848
Jan 202406,48473.023.30$21,382
Dec 202307,79971.262.61$20,361
Nov 202307,85877.892.81$22,062
Oct 202307,18885.443.09$22,191
Sep 202308,59689.042.74$23,510
Aug 202307,24380.522.67$19,360
Jul 202308,69474.852.64$22,968
Jun 202307,30968.962.26$16,507
May 202308,45470.622.23$18,830
Apr 202307,59878.122.24$17,003
Mar 202307,96172.852.39$19,052
Feb 202304,23875.112.47$10,450
Jan 202307,15976.533.39$24,253
Dec 202206,41176.415.73$36,729
Nov 202207,32685.005.65$41,364
Oct 202207,60887.185.86$44,611
Sep 202207,64984.888.16$62,444
Aug 202207,05394.529.13$64,374
Jul 202207,509101.587.54$56,633
Jun 202207,448115.097.98$59,414
May 202207,719109.378.43$65,095
Apr 202207,925104.226.84$54,188
Mar 202204,818108.885.08$24,458
Feb 202207,47991.054.86$36,339
Jan 202206,80981.844.54$30,897
Dec 202108,39871.323.90$32,745
Nov 202108,54177.435.24$44,728
Oct 202108,98079.795.71$51,311
Sep 202108,54869.865.35$45,740
Aug 202108,48166.024.22$35,795
Jul 202108,45870.783.98$33,680
Jun 202108,09069.493.38$27,349
May 202108,54163.483.02$25,774
Apr 202108,21560.362.76$22,660
Mar 202108,79461.302.72$23,893
Feb 202107,85157.805.55$43,557
Jan 202109,30350.412.81$26,144
Dec 202008,79344.642.68$23,525
Nov 202008,43038.772.71$22,816
Oct 202008,84036.972.48$21,909
Sep 202008,61037.091.99$17,143
Aug 202009,08639.982.39$21,671
Jul 202009,64138.371.83$17,596
Jun 202009,55134.901.69$16,144
May 202009,48216.921.81$17,207
Apr 202009,52414.751.80$17,185
Mar 2020010,48730.341.86$19,466
Feb 202009,92549.881.98$19,658
Jan 2020010,69757.252.09$22,407
Dec 2019010,63959.012.30$24,516
Nov 2019010,86055.302.75$29,873
Oct 2019011,44953.472.42$27,690
Sep 2019011,09555.052.66$29,483
Aug 2019011,87953.112.30$27,373
Jul 2019011,88956.272.46$29,248
Jun 2019011,37052.782.49$28,325
May 2019011,57858.482.74$31,727
Apr 2019011,94962.632.75$32,868
Mar 2019012,68856.803.06$38,852
Feb 2019012,02750.852.79$33,582
Jan 2019012,93846.033.23$41,766
Dec 2018013,01946.594.19$54,490
Nov 2018011,57852.934.24$49,059
Oct 2018012,21961.443.40$41,521
Sep 2018012,08659.543.11$37,563
Aug 2018012,61359.403.07$38,679
Jul 2018012,88065.142.93$37,763
Jun 2018012,49660.183.08$38,449
May 2018013,47365.382.90$39,082
Apr 2018013,29763.842.90$38,572
Mar 2018014,39861.222.79$40,125
Feb 2018013,29061.782.77$36,762
Jan 2018014,62962.874.01$58,652
Dec 2017015,19957.272.92$44,404
Nov 2017014,74855.423.12$45,990
Oct 2017015,76949.292.98$47,050
Sep 2017018,30047.523.09$56,497
Aug 2017014,58645.373.00$43,822
Jul 2017014,98243.873.09$46,254
Jun 2017014,16242.493.09$43,722
May 2017014,55845.373.26$47,509
Apr 2017014,45047.933.21$46,408
Mar 2017015,76846.772.98$47,047
Feb 2017015,48550.452.95$45,721
Jan 2017017,36149.413.42$59,354
Dec 2016017,46648.763.72$65,023
Nov 2016015,57742.492.64$41,191
Oct 2016017,07346.193.09$52,760
Sep 2016018,46141.553.10$57,241
Aug 2016018,87441.442.92$55,194
Jul 2016017,87841.622.92$52,281
Jun 2016018,20845.352.69$48,904
May 2016024,07242.521.99$47,928
Apr 2016044,72736.561.99$89,053
Mar 2016053,36633.011.79$95,739
Feb 2016059,54626.472.06$122,881
Jan 2016055,41127.352.36$131,012
Dec 201502,63732.362.00$5,278
Nov 20150638.792.17$13
Oct 20150343.552.43$7
Sep 20150442.992.76$11
Aug 201501240.162.87$34
Jul 20150648.152.95$18
Jun 201501056.152.88$29
May 20150555.212.96$15
Apr 20150649.822.71$16
Mar 201503,17342.892.93$9,312
Feb 2015015,34444.662.98$45,667
Jan 2015016,62243.433.10$51,539
Dec 2014016,28654.693.59$58,489
Nov 2014016,41370.464.25$69,785
Oct 2014016,55678.303.90$64,584
Sep 2014018,19986.164.05$73,623
Aug 2014021,17789.394.04$85,452
Jul 2014018,67196.564.18$78,037
Jun 2014019,71298.164.74$93,373
May 2014022,38494.734.73$105,799
Apr 2014021,65195.944.81$104,122
Mar 2014026,35195.895.06$133,252
Feb 2014023,87497.406.19$147,828
Jan 201402,43590.404.86$11,836
Dec 2013017,96991.824.35$78,246
Nov 2013017,53188.853.74$65,536
Oct 2013023,40197.423.78$88,441
Sep 2013021,555104.113.72$80,136
Aug 2013021,187104.253.52$74,634
Jul 2013020,067102.523.72$74,604
Jun 2013021,75594.403.93$85,571
May 2013023,18594.834.15$96,196
Apr 2013022,94493.964.28$98,260
Mar 2013022,91093.623.91$89,644
Feb 2013022,06791.233.42$75,467
Jan 2013024,28891.603.42$83,063
Dec 2012022,11486.773.42$75,633
Nov 2012022,16886.953.62$80,358
Oct 2012024,46989.383.40$83,187
Sep 2012026,44794.672.92$77,183
Aug 2012026,20592.662.91$76,208
Jul 2012026,05685.133.02$78,710
Jun 2012026,11079.822.52$65,772
May 2012022,23591.612.49$55,328
Apr 2012020,363101.652.00$40,661
Mar 2012017,055105.052.22$37,898
Feb 2012011,053101.102.57$28,409
Jan 201203,24698.092.73$8,875
Dec 2011020,20596.873.24$65,459
Nov 2011018,33895.723.31$60,722
Oct 2011019,81484.983.65$72,292
Sep 2011020,20383.623.99$80,525
Aug 2011020,40783.404.15$84,675
Jul 2011015,43994.144.52$69,742
Jun 2011018,27292.904.64$84,780
May 2011020,17298.134.40$88,854
Apr 2011019,722105.964.33$85,461
Mar 2011025,93196.364.06$105,211
Feb 2011022,38885.644.18$93,581
Jan 2011027,98786.504.59$128,426
Dec 2010029,66685.734.35$128,980
Nov 2010025,88180.843.80$98,227
Oct 2010029,33578.103.51$102,933
Sep 2010026,25772.633.98$104,489
Aug 2010042,25773.684.42$186,749
Jul 2010040,74772.554.74$192,998
Jun 201008,53370.364.91$41,900
May 201008,76871.124.24$37,134
Apr 2010026,62681.694.12$109,771
Mar 2010021,41878.394.39$93,997
Feb 2010021,29173.585.44$115,873
Jan 2010024,51774.365.96$146,222
Dec 2009019,11171.445.48$104,800
Nov 2009015,06574.593.75$56,516
Oct 2009024,30172.544.11$99,883
Sep 2009035,03665.543.06$107,377
Aug 2009040,16767.423.22$129,277
Jul 2009051,67561.133.46$179,028
Jun 2009024,82866.163.90$96,705
May 2009029,79354.743.93$116,960
Apr 2009018,31846.773.59$65,716
Mar 2009024,62642.144.06$99,957
Feb 2009236,88532.814.63$170,954
Jan 2009051,47635.865.37$276,478
Dec 2008068,52537.105.98$409,584
Nov 2008083,51055.496.86$572,909
Oct 2008040,68575.246.92$281,621
Sep 2008038,436101.767.88$302,764
Aug 2008022,815114.228.48$193,540
Jul 200800131.0811.39$0
Jun 200800131.3313.03$0
May 200800123.1711.57$0
Apr 200800110.3110.45$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 – Mar 2008 (5 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                6,661 Mcf  × $  3.05 =    $20,288

────────────────────────────────────────────────────
Month total                                  $20,288

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/240010 is the state's own key, not one this site invented.