T&P 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 240012District 09Field 65280200CondensateGasSaveExport
Value, all time
$5.6 M
Jun 2007 – May 2026
Value, last 12 filed months
$198 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
CondensateDisposition6,122 bbl$468,736
GasProduction1,252,040 Mcf$5,180,884
Total$5,649,619

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 2026335,087106.413.05$19,006
Apr 202604,65198.932.87$13,347
Mar 202604,38489.753.15$13,807
Feb 2026224,51963.503.75$18,345
Jan 202604,94159.138.00$39,518
Dec 2025283,47656.664.41$16,927
Nov 2025184,70158.593.93$19,513
Oct 202504,79859.383.30$15,857
Sep 202504,59162.743.08$14,126
Aug 2025165,17663.933.01$16,627
Jul 202523,08766.743.32$10,368
Jun 202507166.483.13$222
May 202504960.553.23$158
Apr 2025034262.363.54$1,212
Mar 2025071867.704.27$3,065
Feb 202502,02170.884.34$8,773
Jan 202512,58474.324.28$11,130
Dec 202404,77668.993.12$14,908
Nov 202415,15669.052.20$11,404
Oct 202405,21171.372.28$11,888
Sep 202405,88769.612.36$13,919
Aug 202403,43875.632.06$7,095
Jul 202405,09279.932.15$10,930
Jun 202434,92478.082.63$13,204
May 202404,69178.812.20$10,313
Apr 202435,45084.451.66$9,296
Mar 202476,65580.301.55$10,845
Feb 202405,96176.091.78$10,632
Jan 202485,94873.023.30$20,199
Dec 2023166,14871.262.61$17,191
Nov 2023135,72977.892.81$17,097
Oct 202305,46085.443.09$16,857
Sep 202366,40589.042.74$18,052
Aug 202305,39580.522.67$14,420
Jul 2023105,70374.852.64$15,815
Jun 202305,16568.962.26$11,665
May 2023144,73870.622.23$11,542
Apr 202304,65478.122.24$10,415
Mar 2023304,69072.852.39$13,409
Feb 2023154,35375.112.47$11,860
Jan 2023164,82076.533.39$17,553
Dec 2022284,27576.415.73$26,631
Nov 2022274,06985.005.65$25,269
Oct 202284,32787.185.86$26,070
Sep 202224,06184.888.16$33,322
Aug 2022113,94994.529.13$37,083
Jul 202274,377101.587.54$33,723
Jun 202274,376115.097.98$35,714
May 202234,212109.378.43$35,848
Apr 202213,965104.226.84$27,215
Mar 202204,584108.885.08$23,270
Feb 202203,84391.054.86$18,673
Jan 202204,39581.844.54$19,943
Dec 202104,72371.323.90$18,416
Nov 202104,67977.435.24$24,503
Oct 202104,66479.795.71$26,649
Sep 202104,92469.865.35$26,348
Aug 202104,78966.024.22$20,212
Jul 202105,22870.783.98$20,818
Jun 202104,93669.493.38$16,687
May 202104,96663.483.02$14,986
Apr 202124,56360.362.76$12,707
Mar 202134,74061.302.72$13,062
Feb 2021101,68057.805.55$9,899
Jan 202154,01450.412.81$11,532
Dec 202093,36444.642.68$9,402
Nov 202043,85938.772.71$10,600
Oct 202023,27836.972.48$8,198
Sep 202004,31337.091.99$8,587
Aug 202004,22339.982.39$10,072
Jul 202014,21738.371.83$7,735
Jun 202014,12734.901.69$7,011
May 202011,49816.921.81$2,735
Apr 202033,70214.751.80$6,724
Mar 202023,87830.341.86$7,259
Feb 2020183,76249.881.98$8,349
Jan 2020103,71957.252.09$8,363
Dec 201903,80359.012.30$8,763
Nov 2019353,85655.302.75$12,542
Oct 2019154,58453.472.42$11,889
Sep 2019454,48855.052.66$14,403
Aug 2019504,61253.112.30$13,283
Jul 201924,67456.272.46$11,611
Jun 201964,65852.782.49$11,921
May 2019105,04058.482.74$14,396
Apr 2019124,60962.632.75$13,430
Mar 2019245,04356.803.06$16,805
Feb 2019334,82650.852.79$15,153
Jan 2019604,98046.033.23$18,838
Dec 2018355,49046.594.19$24,609
Nov 2018123,49352.934.24$15,436
Oct 201832,57761.443.40$8,941
Sep 201813,54959.543.11$11,090
Aug 2018405,26559.403.07$18,521
Jul 2018155,65965.142.93$17,569
Jun 2018145,72360.183.08$18,452
May 2018454,98365.382.90$17,397
Apr 2018963,92963.842.90$17,526
Mar 20181094,75261.222.79$19,916
Feb 2018724,63661.782.77$17,272
Jan 2018715,36662.874.01$25,978
Dec 2017275,64357.272.92$18,032
Nov 2017424,23155.423.12$15,521
Oct 2017284,83449.292.98$15,803
Sep 2017116,16847.523.09$19,565
Aug 201706,51545.373.00$19,574
Jul 201716,58743.873.09$20,380
Jun 201705,71642.493.09$17,647
May 201706,93945.373.26$22,645
Apr 201706,65847.933.21$21,383
Mar 201707,61946.772.98$22,733
Feb 201708,08350.452.95$23,866
Jan 201708,60849.413.42$29,429
Dec 201608,38348.763.72$31,208
Nov 201618,94242.492.64$23,688
Oct 20161810,58246.193.09$33,533
Sep 20162112,17441.553.10$38,620
Aug 20162312,17441.442.92$36,554
Jul 2016011,31641.622.92$33,092
Jun 20162211,43645.352.69$31,713
May 2016172,40742.521.99$5,515
Apr 20160036.561.99$0
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 20150040.162.87$0
Jul 20150048.152.95$0
Jun 20150056.152.88$0
May 20150055.212.96$0
Apr 20150049.822.71$0
Mar 201501,06242.892.93$3,117
Feb 201504,88944.662.98$14,551
Jan 201505,42243.433.10$16,812
Dec 201405,55054.693.59$19,932
Nov 201405,71070.464.25$24,278
Oct 201414,63178.303.90$18,144
Sep 20142086.164.05$172
Aug 201413,27789.394.04$13,312
Jul 201405,04396.564.18$21,078
Jun 201415,47898.164.74$26,047
May 201404,85894.734.73$22,962
Apr 20140095.944.81$0
Mar 20140095.895.06$0
Feb 201402,99997.406.19$18,570
Jan 201414,07490.404.86$19,893
Dec 20130091.824.35$0
Nov 20130088.853.74$0
Oct 20130097.423.78$0
Sep 201320104.113.72$208
Aug 201310104.253.52$104
Jul 201362102.523.72$623
Jun 20135194.403.93$476
May 2013201,91594.834.15$9,842
Apr 2013346,18093.964.28$29,661
Mar 20132512,27393.623.91$50,363
Feb 20132613,62691.233.42$48,972
Jan 20134713,98091.603.42$52,116
Dec 20121511,94586.773.42$42,155
Nov 2012510,13086.953.62$37,156
Oct 201298,64189.383.40$30,181
Sep 201237,63494.672.92$22,563
Aug 201246,68492.662.91$19,809
Jul 201246,53885.133.02$20,091
Jun 201248,36379.822.52$21,386
May 201238,67491.612.49$21,859
Apr 201268,397101.652.00$17,377
Mar 201228,387105.052.22$18,847
Feb 201227,621101.102.57$19,790
Jan 20128098.092.73$785
Dec 2011116,42396.873.24$21,874
Nov 20111811,78695.723.31$40,750
Oct 20111610,73584.983.65$40,527
Sep 2011139,05183.623.99$37,163
Aug 2011129,12083.404.15$38,843
Jul 201158,59194.144.52$39,278
Jun 201145,30292.904.64$24,972
May 2011112,97598.134.40$14,184
Apr 2011328,463105.964.33$40,063
Mar 20112715,19896.364.06$64,265
Feb 20112014,12085.644.18$60,734
Jan 20112010,69286.504.59$50,793
Dec 20102411,14885.734.35$50,526
Nov 20105811,76480.843.80$49,337
Oct 2010764,90478.103.51$23,143
Sep 201076,67872.633.98$27,083
Aug 201099,16973.684.42$41,184
Jul 201099,88072.554.74$47,449
Jun 201041,82470.364.91$9,238
May 2010428,66571.124.24$39,685
Apr 2010718,19981.694.12$39,602
Mar 2010589,41578.394.39$45,866
Feb 20108210,18273.585.44$61,448
Jan 20105511,68074.365.96$73,750
Dec 20098210,59371.445.48$63,947
Nov 20091158,28574.593.75$39,659
Oct 20091039,02272.544.11$44,554
Sep 200912911,01265.543.06$42,204
Aug 200912411,71567.423.22$46,065
Jul 200913612,37161.133.46$51,173
Jun 200916012,33166.163.90$58,615
May 200917412,74454.743.93$59,555
Apr 200917013,04546.773.59$54,750
Mar 200923720,27942.144.06$92,300
Feb 200925117,87332.814.63$91,041
Jan 200933919,49535.865.37$116,864
Dec 20081754,40337.105.98$32,810
Nov 20080355.496.86$21
Oct 200840275.246.92$3,023
Sep 20081825,913101.767.88$65,098
Aug 200839614,896114.228.48$171,594
Jul 200847522,217131.0811.39$315,302
Jun 200847037,604131.3313.03$551,804
May 200802,755123.1711.57$31,887
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            33 bbl  × $106.41 =     $3,512
Gas                5,087 Mcf  × $  3.05 =    $15,494

────────────────────────────────────────────────────
Month total                                  $19,006

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/240012 is the state's own key, not one this site invented.