HOOVER 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 240156District 09Field 65280200CondensateGasSaveExport
Value, all time
$1.3 M
Jun 2007 – May 2026
Value, last 12 filed months
$0
at the published price for each month
Months reported
221
7 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
CondensateDisposition2,414 bbl$184,514
GasProduction257,092 Mcf$1,095,860
Total$1,280,374

Every month this lease reported (221)

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

221 months

May 202600106.413.05$0
Apr 20260098.932.87$0
Mar 20260089.753.15$0
Feb 20260063.503.75$0
Jan 20260059.138.00$0
Dec 20250056.664.41$0
Nov 20250058.593.93$0
Oct 20250059.383.30$0
Sep 20250062.743.08$0
Aug 20250063.933.01$0
Jul 20250066.743.32$0
Jun 20250066.483.13$0
May 20250060.553.23$0
Apr 20250062.363.54$0
Mar 20250067.704.27$0
Feb 20250070.884.34$0
Jan 20250074.324.28$0
Dec 20240068.993.12$0
Nov 20240069.052.20$0
Oct 20240071.372.28$0
Sep 20240069.612.36$0
Aug 20240075.632.06$0
Jul 20240079.932.15$0
Jun 20240078.082.63$0
May 20240078.812.20$0
Apr 20240084.451.66$0
Mar 20240080.301.55$0
Feb 20240076.091.78$0
Jan 20240073.023.30$0
Dec 20230071.262.61$0
Nov 20230077.892.81$0
Oct 20230085.443.09$0
Sep 20230089.042.74$0
Aug 20230080.522.67$0
Jul 20230074.852.64$0
Jun 20230068.962.26$0
May 20230070.622.23$0
Apr 20230078.122.24$0
Mar 20230072.852.39$0
Feb 20230075.112.47$0
Jan 20230076.533.39$0
Dec 20220076.415.73$0
Nov 20220085.005.65$0
Oct 20220087.185.86$0
Sep 20220084.888.16$0
Aug 20220094.529.13$0
Jul 202200101.587.54$0
Jun 202200115.097.98$0
May 202200109.378.43$0
Apr 202200104.226.84$0
Mar 202200108.885.08$0
Feb 20220091.054.86$0
Jan 20220081.844.54$0
Dec 20210071.323.90$0
Nov 20210077.435.24$0
Oct 20210079.795.71$0
Sep 20210069.865.35$0
Aug 20210066.024.22$0
Jul 20210070.783.98$0
Jun 20210069.493.38$0
May 20210063.483.02$0
Apr 20210060.362.76$0
Mar 20210061.302.72$0
Feb 20210057.805.55$0
Jan 20210050.412.81$0
Dec 20200044.642.68$0
Nov 20200038.772.71$0
Oct 20200036.972.48$0
Sep 20200037.091.99$0
Aug 20200039.982.39$0
Jul 20200038.371.83$0
Jun 20200034.901.69$0
May 20200016.921.81$0
Apr 20200014.751.80$0
Mar 20200030.341.86$0
Feb 20200049.881.98$0
Jan 20201057.252.09$57
Dec 20190059.012.30$0
Nov 20190055.302.75$0
Oct 20190053.472.42$0
Sep 20190055.052.66$0
Aug 20190053.112.30$0
Jul 20190056.272.46$0
Jun 20190052.782.49$0
May 20190058.482.74$0
Apr 20190062.632.75$0
Mar 20190056.803.06$0
Feb 20190050.852.79$0
Jan 20190046.033.23$0
Dec 20180046.594.19$0
Nov 20180052.934.24$0
Oct 20180061.443.40$0
Sep 20180059.543.11$0
Aug 20180059.403.07$0
Jul 20180065.142.93$0
Jun 20180060.183.08$0
May 20180065.382.90$0
Apr 20180063.842.90$0
Mar 20180061.222.79$0
Feb 20180061.782.77$0
Jan 20180062.874.01$0
Dec 20170057.272.92$0
Nov 20170055.423.12$0
Oct 20171049.292.98$49
Sep 2017058347.523.09$1,800
Aug 201791,35345.373.00$4,473
Jul 201701,56743.873.09$4,838
Jun 2017088642.493.09$2,735
May 2017151,00145.373.26$3,947
Apr 2017071447.933.21$2,293
Mar 20174358546.772.98$3,757
Feb 2017027050.452.95$797
Jan 20172878849.413.42$4,077
Dec 2016074448.763.72$2,770
Nov 2016082242.492.64$2,174
Oct 20160046.193.09$0
Sep 2016074441.553.10$2,307
Aug 2016090241.442.92$2,638
Jul 20160041.622.92$0
Jun 20160045.352.69$0
May 20160042.521.99$0
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 20150156.152.88$3
May 20150055.212.96$0
Apr 20150049.822.71$0
Mar 20152523242.892.93$1,753
Feb 2015142,26544.662.98$7,366
Jan 201572,99143.433.10$9,578
Dec 2014103,00854.693.59$11,350
Nov 2014173,57670.464.25$16,402
Oct 201452,03878.303.90$8,342
Sep 201403,58686.164.05$14,507
Aug 2014754,41989.394.04$24,535
Jul 2014813,35896.564.18$21,856
Jun 2014080698.164.74$3,818
May 2014631,25094.734.73$11,876
Apr 201401,77595.944.81$8,536
Mar 2014843,00795.895.06$23,261
Feb 201402,50897.406.19$15,530
Jan 201402,83290.404.86$13,766
Dec 2013164,19391.824.35$19,727
Nov 2013184,07688.853.74$16,837
Oct 2013103,89797.423.78$15,702
Sep 201363,931104.113.72$15,239
Aug 201362,198104.253.52$8,368
Jul 2013103,135102.523.72$12,680
Jun 201311,12094.403.93$4,500
May 20130394.834.15$12
Apr 2013177993.964.28$3,430
Mar 20130093.623.91$0
Feb 2013222991.233.42$966
Jan 201332,54591.603.42$8,978
Dec 201243,73786.773.42$13,128
Nov 201234,64586.953.62$17,099
Oct 2012204,46689.383.40$16,971
Sep 2012192,84994.672.92$10,113
Aug 2012241,39992.662.91$6,292
Jul 2012225,99185.133.02$19,970
Jun 2012392,65679.822.52$9,804
May 2012242,73591.612.49$9,004
Apr 20121851101.652.00$1,801
Mar 201202,159105.052.22$4,797
Feb 201241,696101.102.57$4,764
Jan 2012494298.092.73$2,968
Dec 2011381696.873.24$2,934
Nov 2011059495.723.31$1,967
Oct 201152,12484.983.65$8,174
Sep 20112483.623.99$183
Aug 20112183.404.15$171
Jul 20114494.144.52$395
Jun 201131,87992.904.64$8,997
May 2011286998.134.40$4,024
Apr 201112105.964.33$115
Mar 20112196.364.06$197
Feb 20111285.644.18$94
Jan 20113386.504.59$273
Dec 20104385.734.35$356
Nov 20104680.843.80$346
Oct 20103278.103.51$241
Sep 20102372.633.98$157
Aug 20102173.684.42$152
Jul 20103372.554.74$232
Jun 201032,66470.364.91$13,292
May 2010363,67471.124.24$18,121
Apr 2010456,36981.694.12$29,933
Mar 2010777,45178.394.39$38,736
Feb 2010637,37573.585.44$44,773
Jan 2010477,59574.365.96$48,792
Dec 2009647,65371.445.48$46,539
Nov 2009859,98374.593.75$43,791
Oct 200912211,73272.544.11$57,071
Sep 20098611,50765.543.06$40,903
Aug 20098311,95567.423.22$44,073
Jul 200910810,58961.133.46$43,288
Jun 2009999,12366.163.90$42,084
May 20091119,40054.743.93$42,978
Apr 20091338,38046.773.59$36,284
Mar 2009527242.144.06$2,484
Feb 2009122332.814.63$500
Jan 20091035.865.37$36
Dec 20081137.105.98$43
Nov 200821355.496.86$1,186
Oct 2008938475.246.92$7,579
Sep 2008127107101.767.88$13,766
Aug 20081848,486114.228.48$93,003
Jul 200807,706131.0811.39$87,767
Jun 200800131.3313.03$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 – May 2008 (7 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.

Jan 2020 — as filed, then multipliedworked
Condensate             1 bbl  × $ 57.25 =        $57
Gas                    0 Mcf  × $  2.09 =         $0

────────────────────────────────────────────────────
Month total                                      $57

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/240156 is the state's own key, not one this site invented.