PRICE 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 240051District 09Field 65280200CondensateGasSaveExport
Value, all time
$10.8 M
Apr 2008 – May 2026
Value, last 12 filed months
$150 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
CondensateDisposition8,084 bbl$507,743
GasProduction2,750,384 Mcf$10,314,968
Total$10,822,710

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 2026997,187106.413.05$32,425
Apr 202604,03498.932.87$11,576
Mar 202603,85389.753.15$12,135
Feb 2026182,44563.503.75$10,313
Jan 202601,42959.138.00$11,429
Dec 20255392156.664.41$7,068
Nov 2025242,35258.593.93$10,641
Oct 202502,67659.383.30$8,844
Sep 202502,79462.743.08$8,597
Aug 2025543,37863.933.01$13,636
Jul 2025563,59266.743.32$15,646
Jun 202502,59666.483.13$8,122
May 202503,08760.553.23$9,978
Apr 2025331,70462.363.54$8,095
Mar 20253849667.704.27$4,690
Feb 2025044970.884.34$1,949
Jan 202530074.324.28$2,230
Dec 202403,11768.993.12$9,729
Nov 2024274,82469.052.20$12,470
Oct 202404,20671.372.28$9,596
Sep 202403,55769.612.36$8,410
Aug 202403,69175.632.06$7,617
Jul 202406,15079.932.15$13,202
Jun 2024396,90478.082.63$21,230
May 202406,40478.812.20$14,079
Apr 202486,40684.451.66$11,304
Mar 2024187,38880.301.55$12,861
Feb 202408,10476.091.78$14,455
Jan 2024228,56573.023.30$29,851
Dec 2023396,39071.262.61$19,462
Nov 2023285,55577.892.81$17,777
Oct 202307,68285.443.09$23,716
Sep 2023147,69489.042.74$22,290
Aug 202308,22180.522.67$21,974
Jul 2023125,80374.852.64$16,229
Jun 202305,28668.962.26$11,938
May 2023154,87570.622.23$11,918
Apr 202303,57178.122.24$7,991
Mar 20233610,35872.852.39$27,411
Feb 2023189,45475.112.47$24,663
Jan 2023198,79076.533.39$31,232
Dec 2022408,08476.415.73$49,370
Nov 2022369,03085.005.65$54,045
Oct 202248,11687.185.86$47,939
Sep 202218,04784.888.16$65,778
Aug 2022310,24994.529.13$93,828
Jul 2022110,269101.587.54$77,551
Jun 2022110,100115.097.98$80,685
May 2022210,701109.378.43$90,461
Apr 2022139,053104.226.84$63,256
Mar 2022138,347108.885.08$43,788
Feb 2022457,51891.054.86$40,626
Jan 2022158,39981.844.54$39,340
Dec 2021229,49171.323.90$38,576
Nov 2021010,12077.435.24$52,997
Oct 20211911,37479.795.71$66,506
Sep 2021511,36669.865.35$61,168
Aug 2021513,03866.024.22$55,358
Jul 20211612,79770.783.98$52,091
Jun 2021012,93069.493.38$43,711
May 2021012,92563.483.02$39,003
Apr 2021110,81360.362.76$29,887
Mar 2021213,51161.302.72$36,831
Feb 2021310,27557.805.55$57,179
Jan 2021211,60350.412.81$32,708
Dec 2020512,10944.642.68$32,620
Nov 2020311,69338.772.71$31,764
Oct 2020111,37036.972.48$28,217
Sep 202009,95037.091.99$19,811
Aug 2020112,42039.982.39$29,663
Jul 2020114,77738.371.83$27,008
Jun 2020314,00334.901.69$23,774
May 2020314,85016.921.81$27,000
Apr 2020514,61914.751.80$26,452
Mar 2020815,83730.341.86$29,640
Feb 20207611,94749.881.98$27,454
Jan 20204912,71957.252.09$29,448
Dec 2019011,56559.012.30$26,650
Nov 2019379,96655.302.75$29,460
Oct 201929,17053.472.42$22,285
Sep 2019310,03755.052.66$26,836
Aug 2019310,54753.112.30$24,463
Jul 201958,52856.272.46$21,261
Jun 2019107,94152.782.49$20,310
May 2019129,29658.482.74$26,176
Apr 201986,75062.632.75$19,068
Mar 2019109,82056.803.06$30,638
Feb 2019138,02750.852.79$23,074
Jan 2019296,59746.033.23$22,631
Dec 2018415,71646.594.19$25,834
Nov 2018336,06452.934.24$27,441
Oct 2018266,99461.443.40$25,364
Sep 201897,02559.543.11$22,370
Aug 20181476,57059.403.07$28,879
Jul 2018367,16665.142.93$23,355
Jun 2018296,99560.183.08$23,268
May 2018537,03765.382.90$23,878
Apr 2018276,00163.842.90$19,131
Mar 2018158,68361.222.79$25,116
Feb 201886,15461.782.77$17,517
Jan 201879,54162.874.01$38,693
Dec 201778,84657.272.92$26,245
Nov 2017119,04555.423.12$28,815
Oct 201798,45349.292.98$25,665
Sep 2017116,94747.523.09$21,970
Aug 201757,72445.373.00$23,433
Jul 201797,79943.873.09$24,473
Jun 201707,48842.493.09$23,118
May 2017107,35745.373.26$24,463
Apr 2017136,32547.933.21$20,936
Mar 201737,33346.772.98$22,020
Feb 201717,23050.452.95$21,398
Jan 201717,72449.413.42$26,456
Dec 201687,35848.763.72$27,783
Nov 2016176,58642.492.64$18,138
Oct 20161910,95946.193.09$34,744
Sep 20161910,49141.553.10$33,318
Aug 2016105,40441.442.92$16,218
Jul 2016298,60941.622.92$26,383
Jun 2016126,20145.352.69$17,199
May 2016794842.521.99$2,185
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 20150456.152.88$12
May 20150055.212.96$0
Apr 20150349.822.71$8
Mar 2015074942.892.93$2,198
Feb 201503,85944.662.98$11,485
Jan 201504,16443.433.10$12,911
Dec 201415,42454.693.59$19,534
Nov 201414,61370.464.25$19,684
Oct 201423,44378.303.90$13,588
Sep 20142286.164.05$180
Aug 2014493689.394.04$4,134
Jul 201404,32996.564.18$18,093
Jun 2014117,71298.164.74$37,611
May 20144320,00794.734.73$98,638
Apr 20143919,02195.944.81$95,216
Mar 20141222,70095.895.06$115,940
Feb 2014918,93497.406.19$118,116
Jan 20145325,41890.404.86$128,341
Dec 2013523,90991.824.35$104,570
Nov 20134618,76888.853.74$74,247
Oct 2013917,89597.423.78$68,508
Sep 20132919,119104.113.72$74,099
Aug 20131220,985104.253.52$75,173
Jul 20133225,260102.523.72$97,191
Jun 20132125,61194.403.93$102,721
May 20133522,05494.834.15$94,823
Apr 20135219,90793.964.28$90,139
Mar 20134421,65393.623.91$88,845
Feb 20133721,89091.233.42$78,237
Jan 20137322,70291.603.42$84,326
Dec 20124627,83186.773.42$99,178
Nov 20121527,02786.953.62$99,276
Oct 20122726,75889.383.40$93,382
Sep 20122124,83294.672.92$74,458
Aug 20122631,64292.662.91$94,429
Jul 20124427,40285.133.02$86,522
Jun 20123927,09579.822.52$71,366
May 20122830,71391.612.49$78,989
Apr 20122229,000101.652.00$60,144
Mar 20122228,682105.052.22$66,045
Feb 20121934,591101.102.57$90,828
Jan 20122622,34198.092.73$63,632
Dec 20116710,61996.873.24$40,893
Nov 20113928,51195.723.31$98,141
Oct 20114528,46984.983.65$107,694
Sep 20115627,19783.623.99$113,085
Aug 20118030,15883.404.15$131,807
Jul 20113330,61494.144.52$141,397
Jun 20112229,42192.904.64$138,554
May 20115731,45298.134.40$144,134
Apr 201110031,338105.964.33$146,392
Mar 20117531,94896.364.06$136,851
Feb 20117928,78685.644.18$127,090
Jan 20115533,35986.504.59$157,835
Dec 20107533,26585.734.35$151,058
Nov 20101431,38280.843.80$120,237
Oct 2010135,38178.103.51$124,226
Sep 2010434,73572.633.98$138,517
Aug 20109939,29173.684.42$180,935
Jul 2010237,78672.554.74$38,547
Jun 201002870.364.91$137
May 201023171.124.24$1,640
Apr 2010435081.694.12$3,719
Mar 2010263678.394.39$2,196
Feb 2010382873.585.44$2,948
Jan 2010612,52874.365.96$19,613
Dec 200911519,11471.445.48$113,032
Nov 200918233,86174.593.75$140,605
Oct 200917236,97272.544.11$164,441
Sep 200919235,26265.543.06$120,653
Aug 200919437,18567.423.22$132,759
Jul 200921738,12961.133.46$145,363
Jun 200925637,03066.163.90$161,169
May 200926738,15654.743.93$164,407
Apr 200935140,38046.773.59$161,280
Mar 200940444,15342.144.06$196,242
Feb 200941044,24132.814.63$218,421
Jan 200972060,52635.865.37$350,904
Dec 200871478,55237.105.98$496,006
Nov 20080055.496.86$0
Oct 20080075.246.92$0
Sep 200800101.767.88$0
Aug 200800114.228.48$0
Jul 200800131.0811.39$0
Jun 200800131.3313.03$0
May 200800123.1711.57$0
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            99 bbl  × $106.41 =    $10,535
Gas                7,187 Mcf  × $  3.05 =    $21,890

────────────────────────────────────────────────────
Month total                                  $32,425

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/240051 is the state's own key, not one this site invented.