MILQUETOAST 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 240011District 09Field 65280200CondensateGasSaveExport
Value, all time
$2.7 M
Apr 2008 – May 2026
Value, last 12 filed months
$60 k
at the published price for each month
Months reported
218
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
CondensateDisposition1 bbl$33
GasProduction604,059 Mcf$2,732,118
Total$2,732,151

Every month this lease reported (218)

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

218 months

May 202601,382106.413.05$4,209
Apr 202601,35498.932.87$3,886
Mar 202601,31889.753.15$4,151
Feb 202601,30463.503.75$4,890
Jan 202601,23059.138.00$9,837
Dec 202501,39856.664.41$6,170
Nov 202501,37158.593.93$5,383
Oct 202501,39459.383.30$4,607
Sep 202501,27662.743.08$3,926
Aug 202501,43963.933.01$4,338
Jul 202501,41066.743.32$4,674
Jun 202501,30466.483.13$4,080
May 202501,30960.553.23$4,231
Apr 202501,37562.363.54$4,872
Mar 202501,38967.704.27$5,929
Feb 202501,26070.884.34$5,469
Jan 202501,39674.324.28$5,973
Dec 202401,45968.993.12$4,554
Nov 202401,38369.052.20$3,040
Oct 202401,44571.372.28$3,297
Sep 202401,42269.612.36$3,362
Aug 202401,47075.632.06$3,034
Jul 202401,41879.932.15$3,044
Jun 202401,36978.082.63$3,606
May 202401,46478.812.20$3,219
Apr 202401,56084.451.66$2,588
Mar 202401,59780.301.55$2,468
Feb 202401,26976.091.78$2,263
Jan 202401,19073.023.30$3,924
Dec 202301,34971.262.61$3,522
Nov 202301,31977.892.81$3,703
Oct 202301,36885.443.09$4,223
Sep 202301,26489.042.74$3,457
Aug 202301,09280.522.67$2,919
Jul 202301,37174.852.64$3,622
Jun 202301,54568.962.26$3,489
May 202301,45570.622.23$3,241
Apr 202301,51778.122.24$3,395
Mar 202301,58372.852.39$3,788
Feb 202301,43875.112.47$3,546
Jan 202301,45976.533.39$4,943
Dec 202201,61676.415.73$9,258
Nov 202201,61785.005.65$9,130
Oct 202201,61987.185.86$9,493
Sep 202201,50984.888.16$12,319
Aug 202201,50594.529.13$13,736
Jul 202201,568101.587.54$11,826
Jun 202201,619115.097.98$12,915
May 202201,642109.378.43$13,847
Apr 202201,689104.226.84$11,549
Mar 202201,600108.885.08$8,122
Feb 202201,47891.054.86$7,181
Jan 202201,63881.844.54$7,433
Dec 202101,68471.323.90$6,566
Nov 202101,64577.435.24$8,615
Oct 202101,68879.795.71$9,645
Sep 202101,55269.865.35$8,305
Aug 202101,66166.024.22$7,010
Jul 202101,65670.783.98$6,594
Jun 202101,60069.493.38$5,409
May 202101,64163.483.02$4,952
Apr 202101,62160.362.76$4,471
Mar 202101,75161.302.72$4,757
Feb 202101,35657.805.55$7,523
Jan 202101,72650.412.81$4,851
Dec 202001,68144.642.68$4,497
Nov 202001,67838.772.71$4,542
Oct 202001,70336.972.48$4,221
Sep 202001,63737.091.99$3,259
Aug 202001,65939.982.39$3,957
Jul 202001,68738.371.83$3,079
Jun 202001,63234.901.69$2,759
May 202001,73516.921.81$3,149
Apr 202001,49014.751.80$2,689
Mar 202001,69530.341.86$3,146
Feb 202001,71149.881.98$3,389
Jan 202001,78457.252.09$3,737
Dec 201901,73859.012.30$4,005
Nov 201901,79455.302.75$4,935
Oct 201901,88153.472.42$4,549
Sep 201901,81855.052.66$4,831
Aug 201901,85953.112.30$4,284
Jul 201901,82656.272.46$4,492
Jun 201901,83552.782.49$4,571
May 201901,88058.482.74$5,152
Apr 201901,89962.632.75$5,224
Mar 201902,00356.803.06$6,133
Feb 201901,83150.852.79$5,113
Jan 201902,05846.033.23$6,644
Dec 201802,00346.594.19$8,383
Nov 201801,95952.934.24$8,301
Oct 201802,10061.443.40$7,136
Sep 201802,04959.543.11$6,368
Aug 201802,09959.403.07$6,437
Jul 201802,03565.142.93$5,966
Jun 201802,01860.183.08$6,209
May 201802,14165.382.90$6,211
Apr 201801,93163.842.90$5,601
Mar 201802,02361.222.79$5,638
Feb 201801,87661.782.77$5,189
Jan 201802,02062.874.01$8,099
Dec 201702,14257.272.92$6,258
Nov 201702,17255.423.12$6,773
Oct 201702,21849.292.98$6,618
Sep 201702,00347.523.09$6,184
Aug 201702,26245.373.00$6,796
Jul 201702,19543.873.09$6,777
Jun 201702,10242.493.09$6,489
May 201702,29745.373.26$7,496
Apr 201702,22847.933.21$7,155
Mar 201702,33046.772.98$6,952
Feb 201702,04750.452.95$6,044
Jan 201702,36649.413.42$8,089
Dec 201602,49348.763.72$9,281
Nov 201602,19942.492.64$5,815
Oct 201602,41546.193.09$7,463
Sep 201602,39641.553.10$7,429
Aug 201602,58341.442.92$7,554
Jul 201602,46341.622.92$7,203
Jun 201602,21145.352.69$5,938
May 201602,37442.521.99$4,727
Apr 201602,35336.561.99$4,685
Mar 201602,57933.011.79$4,627
Feb 201602,41426.472.06$4,982
Jan 201602,68427.352.36$6,346
Dec 201502,56932.362.00$5,142
Nov 201502,65038.792.17$5,743
Oct 201502,70243.552.43$6,557
Sep 201502,64842.992.76$7,304
Aug 201502,85240.162.87$8,192
Jul 201502,92748.152.95$8,620
Jun 201502,79356.152.88$8,052
May 201502,67255.212.96$7,897
Apr 201502,47149.822.71$6,688
Mar 201502,88242.892.93$8,458
Feb 201502,29244.662.98$6,821
Jan 20150043.433.10$0
Dec 201402,30754.693.59$8,285
Nov 201402,28270.464.25$9,703
Oct 201402,64478.303.90$10,314
Sep 201402,60486.164.05$10,534
Aug 201402,72989.394.04$11,012
Jul 201402,77396.564.18$11,590
Jun 201402,62098.164.74$12,411
May 201402,74994.734.73$12,993
Apr 201402,58895.944.81$12,446
Mar 201402,72695.895.06$13,785
Feb 201401,35897.406.19$8,409
Jan 201402,39890.404.86$11,656
Dec 201301,08691.824.35$4,729
Nov 201301,52788.853.74$5,708
Oct 201302,48597.423.78$9,392
Sep 201302,066104.113.72$7,681
Aug 201302,465104.253.52$8,683
Jul 201302,660102.523.72$9,889
Jun 201302,27894.403.93$8,960
May 201302,78294.834.15$11,543
Apr 201302,55993.964.28$10,959
Mar 201302,54193.623.91$9,943
Feb 201302,41791.233.42$8,266
Jan 201302,16891.603.42$7,414
Dec 201202,21586.773.42$7,576
Nov 201202,34186.953.62$8,486
Oct 201202,94589.383.40$10,012
Sep 201203,11294.672.92$9,082
Aug 201203,30792.662.91$9,617
Jul 201203,30385.133.02$9,978
Jun 201203,24279.822.52$8,167
May 201203,37791.612.49$8,403
Apr 201203,158101.652.00$6,306
Mar 201203,260105.052.22$7,244
Feb 201202,936101.102.57$7,546
Jan 201203,35598.092.73$9,173
Dec 201103,41196.873.24$11,051
Nov 201103,36695.723.31$11,146
Oct 201103,66284.983.65$13,361
Sep 201103,67083.623.99$14,628
Aug 201103,97083.404.15$16,473
Jul 201103,42894.144.52$15,485
Jun 201103,54092.904.64$16,425
May 201103,70398.134.40$16,311
Apr 201103,721105.964.33$16,124
Mar 201103,54196.364.06$14,367
Feb 201103,28285.644.18$13,719
Jan 201103,77986.504.59$17,341
Dec 201004,10385.734.35$17,839
Nov 201003,74480.843.80$14,210
Oct 201004,23378.103.51$14,853
Sep 201003,62872.633.98$14,438
Aug 201004,60273.684.42$20,338
Jul 201004,73072.554.74$22,404
Jun 201004,80770.364.91$23,604
May 201005,22771.124.24$22,137
Apr 201005,12981.694.12$21,145
Mar 201005,15478.394.39$22,619
Feb 201004,51873.585.44$24,589
Jan 201004,29874.365.96$25,634
Dec 200904,41671.445.48$24,216
Nov 200904,99574.593.75$18,739
Oct 200905,68172.544.11$23,350
Sep 200905,61265.543.06$17,199
Aug 200906,24767.423.22$20,106
Jul 200906,70361.133.46$23,223
Jun 200907,18766.163.90$27,993
May 200906,28054.743.93$24,654
Apr 200906,45946.773.59$23,172
Mar 200906,96242.144.06$28,259
Feb 200916,46132.814.63$29,967
Jan 200907,68635.865.37$41,282
Dec 200808,02837.105.98$47,984
Nov 200808,37855.496.86$57,476
Oct 200809,75875.246.92$67,545
Sep 2008010,257101.767.88$80,795
Aug 2008011,509114.228.48$97,631
Jul 2008014,140131.0811.39$161,047
Jun 2008016,465131.3313.03$214,582
May 2008013,078123.1711.57$151,369
Apr 200800110.3110.45$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                1,382 Mcf  × $  3.05 =     $4,209

────────────────────────────────────────────────────
Month total                                   $4,209

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/240011 is the state's own key, not one this site invented.