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 240016District 09Field 65280200CondensateGasSaveExport
Value, all time
$7.4 M
Jun 2007 – May 2026
Value, last 12 filed months
$102 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
CondensateDisposition6,580 bbl$570,416
GasProduction1,559,967 Mcf$6,781,699
Total$7,352,115

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 202616,174106.413.05$18,911
Apr 202602,56198.932.87$7,349
Mar 202602,15089.753.15$6,771
Feb 202602,31163.503.75$8,667
Jan 202601,54159.138.00$12,325
Dec 202511,90956.664.41$8,482
Nov 202501,59958.593.93$6,278
Oct 202501,51159.383.30$4,994
Sep 20250062.743.08$0
Aug 202501,81263.933.01$5,463
Jul 202503,01166.743.32$9,982
Jun 202503,95266.483.13$12,365
May 202503,26460.553.23$10,550
Apr 202502,29562.363.54$8,131
Mar 202514,25367.704.27$18,221
Feb 202503,78970.884.34$16,447
Jan 202504,12774.324.28$17,658
Dec 202404,40568.993.12$13,750
Nov 202404,18769.052.20$9,205
Oct 202403,95871.372.28$9,030
Sep 202403,86969.612.36$9,148
Aug 202404,69175.632.06$9,680
Jul 202404,19079.932.15$8,994
Jun 202405,18578.082.63$13,657
May 202404,54178.812.20$9,983
Apr 202413,70384.451.66$6,228
Mar 202414,40880.301.55$6,891
Feb 202404,60076.091.78$8,205
Jan 202423,15173.023.30$10,537
Dec 202333,27371.262.61$8,759
Nov 202323,46977.892.81$9,895
Oct 202303,82085.443.09$11,793
Sep 202313,73189.042.74$10,293
Aug 202303,39580.522.67$9,074
Jul 202313,54674.852.64$9,443
Jun 202303,27168.962.26$7,387
May 202313,42270.622.23$7,693
Apr 202303,27978.122.24$7,338
Mar 202343,41472.852.39$8,462
Feb 202332,74375.112.47$6,989
Jan 202332,98776.533.39$10,349
Dec 202243,46576.415.73$20,157
Nov 202252,93085.005.65$16,968
Oct 202233,00087.185.86$17,853
Sep 202212,83884.888.16$23,253
Aug 202242,75194.529.13$25,487
Jul 202222,980101.587.54$22,679
Jun 202222,953115.097.98$23,787
May 202233,680109.378.43$31,362
Apr 202273,649104.226.84$25,680
Mar 202233,814108.885.08$19,688
Feb 2022103,35091.054.86$17,188
Jan 202233,74681.844.54$17,244
Dec 202153,73671.323.90$14,924
Nov 202103,53077.435.24$18,486
Oct 202133,63179.795.71$20,986
Sep 202103,69169.865.35$19,750
Aug 202103,87166.024.22$16,338
Jul 202103,89970.783.98$15,526
Jun 202103,78669.493.38$12,799
May 202104,01963.483.02$12,128
Apr 202113,98360.362.76$11,047
Mar 202124,08761.302.72$11,227
Feb 202153,61757.805.55$20,356
Jan 202174,01150.412.81$11,625
Dec 202004,11644.642.68$11,012
Nov 202004,04738.772.71$10,953
Oct 202004,13836.972.48$10,256
Sep 202004,17637.091.99$8,315
Aug 202004,31439.982.39$10,289
Jul 202004,32138.371.83$7,886
Jun 202004,07134.901.69$6,881
May 202004,24316.921.81$7,700
Apr 202003,95914.751.80$7,144
Mar 202004,18130.341.86$7,761
Feb 202004,08449.881.98$8,089
Jan 202004,33357.252.09$9,077
Dec 201904,31259.012.30$9,936
Nov 201924,22055.302.75$11,719
Oct 201914,41553.472.42$10,731
Sep 201904,34855.052.66$11,554
Aug 201904,54753.112.30$10,478
Jul 201904,78156.272.46$11,762
Jun 201904,45252.782.49$11,091
May 201904,69558.482.74$12,866
Apr 201904,34062.632.75$11,938
Mar 201904,56656.803.06$13,982
Feb 201904,42750.852.79$12,361
Jan 201904,74946.033.23$15,331
Dec 201803,96046.594.19$16,574
Nov 201804,08252.934.24$17,296
Oct 201804,74861.443.40$16,134
Sep 201805,06959.543.11$15,754
Aug 201804,97059.403.07$15,241
Jul 201804,73465.142.93$13,880
Jun 201804,48560.183.08$13,800
May 201804,43665.382.90$12,868
Apr 201804,67163.842.90$13,550
Mar 201804,78561.222.79$13,335
Feb 201804,54461.782.77$12,569
Jan 201805,23762.874.01$20,997
Dec 201704,04857.272.92$11,826
Nov 201714,13555.423.12$12,950
Oct 201715,67949.292.98$16,994
Sep 201735,73847.523.09$17,857
Aug 201735,70645.373.00$17,279
Jul 201765,52143.873.09$17,308
Jun 201705,62342.493.09$17,360
May 2017575,75645.373.26$21,370
Apr 201704,98147.933.21$15,997
Mar 201705,02946.772.98$15,005
Feb 201705,50250.452.95$16,245
Jan 201706,84949.413.42$23,415
Dec 201606,57548.763.72$24,478
Nov 201616,89642.492.64$18,278
Oct 2016126,97146.193.09$22,096
Sep 2016136,91241.553.10$21,972
Aug 2016147,47041.442.92$22,425
Jul 201607,37741.622.92$21,573
Jun 2016137,13145.352.69$19,742
May 2016547,82842.521.99$17,882
Apr 201608,55336.561.99$17,029
Mar 201608,91833.011.79$15,999
Feb 201608,50026.472.06$17,541
Jan 201609,88527.352.36$23,372
Dec 201509,28132.362.00$18,575
Nov 201507,63238.792.17$16,541
Oct 201508,43443.552.43$20,466
Sep 201508,29742.992.76$22,887
Aug 201509,07540.162.87$26,068
Jul 201508,64348.152.95$25,454
Jun 201508,50756.152.88$24,524
May 201508,68455.212.96$25,665
Apr 201508,56549.822.71$23,182
Mar 201508,68142.892.93$25,476
Feb 201507,90644.662.98$23,530
Jan 201508,43343.433.10$26,148
Dec 201408,70554.693.59$31,263
Nov 201407,86970.464.25$33,458
Oct 201409,14578.303.90$35,674
Sep 201418,89586.164.05$36,070
Aug 201419,04289.394.04$36,575
Jul 201408,75596.564.18$36,592
Jun 201418,88498.164.74$42,181
May 201418,51494.734.73$40,337
Apr 201455,40595.944.81$26,473
Mar 201487,34595.895.06$37,909
Feb 20141447,98597.406.19$63,469
Jan 201415210,96190.404.86$67,019
Dec 2013110,51391.824.35$45,870
Nov 201388,72088.853.74$33,309
Oct 2013139,25197.423.78$36,229
Sep 2013529,631104.113.72$41,219
Aug 20131710,233104.253.52$37,819
Jul 2013349,778102.523.72$39,838
Jun 2013208,40394.403.93$34,940
May 2013308,03094.834.15$36,162
Apr 2013167,80893.964.28$34,942
Mar 201377,28193.623.91$29,145
Feb 201376,21691.233.42$21,897
Jan 2013136,94691.603.42$24,945
Dec 201276,57586.773.42$23,095
Nov 201274,85586.953.62$18,208
Oct 2012214,37789.383.40$16,757
Sep 2012118,15894.672.92$24,850
Aug 2012157,45292.662.91$23,062
Jul 2012168,11685.133.02$25,879
Jun 2012228,24979.822.52$22,536
May 2012178,29491.612.49$22,196
Apr 2012328,154101.652.00$19,535
Mar 2012947,353105.052.22$26,214
Feb 2012788,592101.102.57$29,969
Jan 20121188,83698.092.73$35,733
Dec 2011469,14296.873.24$34,074
Nov 2011417,98495.723.31$30,362
Oct 20111039,63384.983.65$43,899
Sep 2011549,97383.623.99$44,266
Aug 20114711,13083.404.15$50,102
Jul 20112211,67094.144.52$54,787
Jun 20111311,66292.904.64$55,318
May 20113712,41598.134.40$58,317
Apr 20116811,835105.964.33$58,490
Mar 20114411,66896.364.06$51,581
Feb 20113710,88385.644.18$48,659
Jan 20112511,42586.504.59$54,589
Dec 20102912,16985.734.35$55,394
Nov 20108910,80180.843.80$48,188
Oct 20106512,72278.103.51$49,717
Sep 20103112,41772.633.98$51,665
Aug 2010911,10473.684.42$49,736
Jul 20102212,49072.554.74$60,755
Jun 2010611,93570.364.91$59,028
May 20104712,63771.124.24$56,863
Apr 20106713,16081.694.12$59,728
Mar 20106212,15078.394.39$58,183
Feb 20109916,37673.585.44$96,409
Jan 20105917,44974.365.96$108,455
Dec 20097412,25571.445.48$72,490
Nov 20099713,04974.593.75$56,189
Oct 20099713,08372.544.11$60,811
Sep 200911412,72765.543.06$46,477
Aug 200910714,07167.423.22$52,501
Jul 200912913,72861.133.46$55,446
Jun 200917514,33266.163.90$67,401
May 200920316,16054.743.93$74,552
Apr 200923016,05746.773.59$68,362
Mar 200924418,78042.144.06$86,510
Feb 200917614,86032.814.63$74,621
Jan 200924515,05435.865.37$89,641
Dec 200821810,77737.105.98$72,503
Nov 2008043855.496.86$3,005
Oct 200860175.246.92$4,521
Sep 200823224,143101.767.88$213,785
Aug 200845031,721114.228.48$320,489
Jul 200859536,995131.0811.39$499,345
Jun 200876761,789131.3313.03$906,003
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             1 bbl  × $106.41 =       $106
Gas                6,174 Mcf  × $  3.05 =    $18,805

────────────────────────────────────────────────────
Month total                                  $18,911

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/240016 is the state's own key, not one this site invented.