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 240223District 09Field 65280200CondensateGasSaveExport
Value, all time
$4.7 M
Mar 2008 – May 2026
Value, last 12 filed months
$32 k
at the published price for each month
Months reported
219
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
CondensateDisposition5,650 bbl$356,250
GasProduction1,117,055 Mcf$4,338,208
Total$4,694,458

Every month this lease reported (219)

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

219 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 202502,09156.664.41$9,228
Nov 20253058.593.93$176
Oct 20250059.383.30$0
Sep 20250062.743.08$0
Aug 202572,53163.933.01$8,078
Jul 202513,54566.743.32$11,819
Jun 2025099566.483.13$3,113
May 202503,55660.553.23$11,494
Apr 202504,06062.363.54$14,385
Mar 202513,58667.704.27$15,374
Feb 202502,17770.884.34$9,450
Jan 202561,41574.324.28$6,500
Dec 20240068.993.12$0
Nov 20245069.052.20$345
Oct 202403,27071.372.28$7,460
Sep 202402,74469.612.36$6,488
Aug 202401,75675.632.06$3,624
Jul 202403,82479.932.15$8,209
Jun 2024448578.082.63$1,590
May 202402,67178.812.20$5,872
Apr 202433,26584.451.66$5,671
Mar 202464,84880.301.55$7,973
Feb 202402,35976.091.78$4,208
Jan 202413,62073.023.30$12,011
Dec 202324,72171.262.61$12,468
Nov 202384,90877.892.81$14,403
Oct 202305,07785.443.09$15,674
Sep 2023134,97589.042.74$14,764
Aug 202303,94580.522.67$10,545
Jul 2023204,43974.852.64$13,224
Jun 202303,93568.962.26$8,887
May 2023251,27070.622.23$4,594
Apr 202304,16178.122.24$9,311
Mar 2023542,60272.852.39$10,161
Feb 2023224,14475.112.47$11,870
Jan 2023272,12276.533.39$9,255
Dec 2022573,10576.415.73$22,144
Nov 2022544,18885.005.65$28,236
Oct 2022294,42587.185.86$28,475
Sep 202294,17584.888.16$34,847
Aug 2022574,11694.529.13$42,955
Jul 2022264,446101.587.54$36,173
Jun 2022254,565115.097.98$39,293
May 2022275,147109.378.43$46,358
Apr 2022533,375104.226.84$28,601
Mar 2022285,265108.885.08$29,776
Feb 2022824,92691.054.86$31,401
Jan 2022224,48081.844.54$22,129
Dec 2021574,43071.323.90$21,338
Nov 202103,92177.435.24$20,534
Oct 2021704,11279.795.71$29,081
Sep 202104,10469.865.35$21,960
Aug 202104,20366.024.22$17,739
Jul 202114,32270.783.98$17,281
Jun 202134,10069.493.38$14,069
May 202134,28063.483.02$13,106
Apr 2021114,21560.362.76$12,291
Mar 2021244,52461.302.72$13,763
Feb 2021351,97357.805.55$12,969
Jan 2021134,43750.412.81$13,125
Dec 2020124,36144.642.68$12,203
Nov 202064,23138.772.71$11,684
Oct 202024,21136.972.48$10,511
Sep 202004,42237.091.99$8,804
Aug 202014,31639.982.39$10,334
Jul 202024,44638.371.83$8,191
Jun 202044,33834.901.69$7,472
May 202054,43816.921.81$8,138
Apr 202064,04514.751.80$7,387
Mar 202064,02530.341.86$7,653
Feb 2020333,87049.881.98$9,311
Jan 2020214,76357.252.09$11,180
Dec 201905,03559.012.30$11,602
Nov 2019144,91555.302.75$14,294
Oct 201944,62253.472.42$11,392
Sep 2019105,06455.052.66$14,007
Aug 201955,24553.112.30$12,352
Jul 201994,22456.272.46$10,898
Jun 2019214,70552.782.49$12,829
May 2019225,19858.482.74$15,531
Apr 2019145,24662.632.75$15,307
Mar 2019154,81856.803.06$15,605
Feb 2019284,32950.852.79$13,511
Jan 2019234,28846.033.23$14,901
Dec 2018203,12746.594.19$14,020
Nov 2018125,38452.934.24$23,448
Oct 201875,44461.443.40$18,929
Sep 201825,40859.543.11$16,927
Aug 2018226,09659.403.07$20,001
Jul 201826,04065.142.93$17,839
Jun 2018195,95360.183.08$19,460
May 2018176,11265.382.90$18,841
Apr 2018286,26163.842.90$19,949
Mar 2018176,21961.222.79$18,372
Feb 201895,60661.782.77$16,063
Jan 2018165,36662.874.01$22,520
Dec 2017066357.272.92$1,937
Nov 201711,66455.423.12$5,244
Oct 201701,47749.292.98$4,407
Sep 201701,40947.523.09$4,350
Aug 201721,62845.373.00$4,982
Jul 20171298343.873.09$3,561
Jun 2017087842.493.09$2,711
May 2017089845.373.26$2,931
Apr 2017286147.933.21$2,861
Mar 2017393746.772.98$2,936
Feb 2017093450.452.95$2,758
Jan 2017351,05349.413.42$5,329
Dec 2016151,09348.763.72$4,800
Nov 20161370542.492.64$2,417
Oct 2016286546.193.09$2,765
Sep 201631,77741.553.10$5,634
Aug 201652,50441.442.92$7,530
Jul 2016103,11341.622.92$9,520
Jun 201652,50645.352.69$6,957
May 2016689742.521.99$2,041
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 20159040.162.87$361
Jul 20154048.152.95$193
Jun 20156056.152.88$337
May 20150155.212.96$3
Apr 201528449.822.71$1,406
Mar 201512260142.892.93$6,996
Feb 20151323,24644.662.98$15,556
Jan 2015533,45243.433.10$13,005
Dec 201414,21954.693.59$15,207
Nov 2014154,11370.464.25$18,545
Oct 2014194,08478.303.90$17,419
Sep 2014192,84586.164.05$13,146
Aug 2014294,67689.394.04$21,461
Jul 201406,01996.564.18$25,157
Jun 2014496,86698.164.74$37,333
May 2014123,83494.734.73$19,258
Apr 2014028195.944.81$1,351
Mar 20140095.895.06$0
Feb 20142097.406.19$195
Jan 201428290.404.86$2,541
Dec 201332,73491.824.35$12,181
Nov 2013376,96988.853.74$29,340
Oct 2013116,10097.423.78$24,126
Sep 2013339,202104.113.72$37,646
Aug 20131210,114104.253.52$36,879
Jul 2013228,949102.523.72$35,526
Jun 2013137,99394.403.93$32,667
May 2013217,53894.834.15$33,267
Apr 2013235,49393.964.28$25,685
Mar 2013177,28593.623.91$30,097
Feb 2013178,89491.233.42$31,968
Jan 20133210,12291.603.42$37,548
Dec 2012216,82386.773.42$25,158
Nov 2012367,17886.953.62$29,150
Oct 20121510,15189.383.40$35,851
Sep 2012136,31894.672.92$19,669
Aug 20121410,49392.662.91$31,813
Jul 2012178,26185.133.02$26,402
Jun 2012126,36779.822.52$16,997
May 201265,66491.612.49$14,644
Apr 201262,346101.652.00$5,294
Mar 20128996105.052.22$3,054
Feb 201284,676101.102.57$12,827
Jan 201289,69698.092.73$27,294
Dec 201175,84196.873.24$19,601
Nov 201144,97595.723.31$16,857
Oct 201186,37884.983.65$23,950
Sep 2011148,76883.623.99$36,118
Aug 2011139,74583.404.15$41,519
Jul 201159,10194.144.52$41,582
Jun 201136,31192.904.64$29,561
May 201195,20798.134.40$23,819
Apr 20114210,339105.964.33$49,252
Mar 20118710,45596.364.06$50,803
Feb 2011214,33085.644.18$19,898
Jan 2011111586.504.59$1,020
Dec 201091985.734.35$854
Nov 2010331580.843.80$2,725
Oct 20102212,77378.103.51$46,537
Sep 20101410,84972.633.98$44,190
Aug 20102012,85473.684.42$58,280
Jul 20101910,74772.554.74$52,282
Jun 2010611,05970.364.91$54,726
May 20105711,87871.124.24$54,360
Apr 20108112,98981.694.12$60,167
Mar 20105610,86178.394.39$52,055
Feb 2010999,49973.585.44$58,981
Jan 20107815,93074.365.96$100,808
Dec 200910116,62871.445.48$98,399
Nov 200912013,76074.593.75$60,571
Oct 200911415,26872.544.11$71,025
Sep 200912415,17365.543.06$54,628
Aug 200910615,41167.423.22$56,747
Jul 200911418,76961.133.46$71,994
Jun 200915421,79766.163.90$95,088
May 200916223,45854.743.93$100,958
Apr 200920722,39146.773.59$90,009
Mar 200923726,22042.144.06$116,414
Feb 200923324,40232.814.63$120,699
Jan 200943635,71835.865.37$207,476
Dec 200844949,57037.105.98$312,945
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
Mar 200800101.909.66$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.

Dec 2025 — as filed, then multipliedworked
Condensate             0 bbl  × $ 56.66 =         $0
Gas                2,091 Mcf  × $  4.41 =     $9,228

────────────────────────────────────────────────────
Month total                                   $9,228

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/240223 is the state's own key, not one this site invented.