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 240244District 09Field 65280200CondensateGasSaveExport
Value, all time
$2.5 M
Mar 2008 – May 2026
Value, last 12 filed months
$2 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
CondensateDisposition10,819 bbl$790,494
GasProduction432,460 Mcf$1,733,386
Total$2,523,881

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 2026021106.413.05$64
Apr 202601598.932.87$43
Mar 202603089.753.15$94
Feb 202601463.503.75$53
Jan 202603059.138.00$240
Dec 202505056.664.41$221
Nov 202503258.593.93$126
Oct 202503359.383.30$109
Sep 202502762.743.08$83
Aug 202503363.933.01$99
Jul 202526366.743.32$342
Jun 202507266.483.13$225
May 2025010260.553.23$330
Apr 202513262.363.54$176
Mar 20257167.704.27$478
Feb 20250070.884.34$0
Jan 202541074.324.28$3,047
Dec 20240068.993.12$0
Nov 202436069.052.20$2,486
Oct 20240071.372.28$0
Sep 20240069.612.36$0
Aug 20240075.632.06$0
Jul 202402779.932.15$58
Jun 20248814478.082.63$7,250
May 2024010378.812.20$226
Apr 2024415984.451.66$3,560
Mar 20243113180.301.55$2,692
Feb 20240076.091.78$0
Jan 20242812373.023.30$2,450
Dec 202358071.262.61$4,133
Nov 202358077.892.81$4,518
Oct 202303085.443.09$93
Sep 2023234689.042.74$2,174
Aug 20230080.522.67$0
Jul 20232212774.852.64$1,982
Jun 202305668.962.26$126
May 202317070.622.23$1,201
Apr 2023093278.122.24$2,086
Mar 20235179672.852.39$5,620
Feb 20233047275.112.47$3,417
Jan 20232139276.533.39$2,935
Dec 20224235476.415.73$5,237
Nov 20225041385.005.65$6,582
Oct 2022261,27687.185.86$9,749
Sep 2022884884.888.16$7,602
Aug 20226062394.529.13$11,357
Jul 202227798101.587.54$8,761
Jun 202227356115.097.98$5,947
May 202232487109.378.43$7,607
Apr 202253594104.226.84$9,585
Mar 202222279108.885.08$3,812
Feb 2022626391.054.86$5,951
Jan 20222129681.844.54$3,062
Dec 2021871,20371.323.90$10,895
Nov 2021092377.435.24$4,834
Oct 20216392279.795.71$10,295
Sep 20212876069.865.35$6,023
Aug 2021291,31366.024.22$7,456
Jul 2021901,68070.783.98$13,060
Jun 2021361,66569.493.38$8,130
May 2021241,16663.483.02$5,042
Apr 2021441,12360.362.76$5,754
Mar 2021621,13961.302.72$6,895
Feb 20211201,16257.805.55$13,383
Jan 2021271,15250.412.81$4,599
Dec 20205379644.642.68$4,496
Nov 2020121,24138.772.71$3,824
Oct 202061,15936.972.48$3,094
Sep 202031,06237.091.99$2,226
Aug 2020131,78939.982.39$4,787
Jul 2020181,42538.371.83$3,291
Jun 2020431,78734.901.69$4,521
May 2020462,59516.921.81$5,488
Apr 2020681,28014.751.80$3,313
Mar 20205762030.341.86$2,880
Feb 20206681549.881.98$4,906
Jan 20207272357.252.09$5,637
Dec 201901,12259.012.30$2,585
Nov 20191478655.302.75$2,936
Oct 201951,20853.472.42$3,189
Sep 201941,01155.052.66$2,907
Aug 201902,22753.112.30$5,132
Jul 2019788356.272.46$2,566
Jun 201952,32152.782.49$6,046
May 20198639858.482.74$6,120
Apr 201901362.632.75$36
Mar 20192078256.803.06$3,531
Feb 20194089950.852.79$4,544
Jan 20193893546.033.23$4,767
Dec 20183584746.594.19$5,176
Nov 20183958852.934.24$4,556
Oct 20185574961.443.40$5,924
Sep 20183181459.543.11$4,376
Aug 20181283059.403.07$3,258
Jul 2018887365.142.93$3,081
Jun 20181689760.183.08$3,723
May 20183389665.382.90$4,757
Apr 20187183563.842.90$6,955
Mar 20183658261.222.79$3,826
Feb 20183075361.782.77$3,936
Jan 20184799062.874.01$6,924
Dec 2017274557.272.92$2,291
Nov 20177071155.423.12$6,097
Oct 20174863849.292.98$4,270
Sep 20173877147.523.09$4,186
Aug 2017298845.373.00$3,059
Jul 2017111,15943.873.09$4,061
Jun 20170242.493.09$6
May 2017709145.373.26$3,473
Apr 2017396647.933.21$2,081
Mar 20173721946.772.98$2,384
Feb 20178712050.452.95$4,743
Jan 20170149.413.42$3
Dec 2016010348.763.72$383
Nov 2016421442.492.64$736
Oct 2016128546.193.09$927
Sep 2016127941.553.10$907
Aug 2016012441.442.92$363
Jul 20160041.622.92$0
Jun 20160845.352.69$21
May 20160242.521.99$4
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 20156040.162.87$241
Jul 20153148.152.95$147
Jun 20154056.152.88$225
May 20150455.212.96$12
Apr 20150949.822.71$24
Mar 20150042.892.93$0
Feb 20150044.662.98$0
Jan 20151043.433.10$43
Dec 20140054.693.59$0
Nov 201446170.464.25$3,245
Oct 2014502078.303.90$3,993
Sep 201438486.164.05$598
Aug 20148089.394.04$715
Jul 20140096.564.18$0
Jun 2014341898.164.74$3,423
May 2014662494.734.73$6,366
Apr 2014566495.944.81$5,680
Mar 2014434095.895.06$4,326
Feb 2014269097.406.19$3,090
Jan 2014923190.404.86$8,467
Dec 201376291.824.35$913
Nov 2013374388.853.74$3,448
Oct 201393597.423.78$1,009
Sep 20132112104.113.72$2,231
Aug 201399104.253.52$970
Jul 20131624102.523.72$1,730
Jun 2013111494.403.93$1,093
May 2013111594.834.15$1,105
Apr 201321893.964.28$265
Mar 20132293.623.91$195
Feb 20131191.233.42$95
Jan 20134391.603.42$377
Dec 20122186.773.42$177
Nov 20121181,46686.953.62$15,574
Oct 2012866,34889.383.40$29,268
Sep 2012412,15094.672.92$10,156
Aug 2012186192.662.91$1,845
Jul 2012321585.133.02$2,769
Jun 2012781779.822.52$6,269
May 20121136391.612.49$10,509
Apr 20121561,948101.652.00$19,747
Mar 2012962,520105.052.22$15,684
Feb 20121065,883101.102.57$25,837
Jan 201219810,31498.092.73$47,621
Dec 20112576,57096.873.24$46,181
Nov 20113371,60795.723.31$37,579
Oct 20112485,72584.983.65$41,963
Sep 2011582,83483.623.99$16,146
Aug 201116810383.404.15$14,439
Jul 20111702,95894.144.52$29,366
Jun 2011974,04892.904.64$27,794
May 20112372,68298.134.40$35,071
Apr 20114031,453105.964.33$48,998
Mar 20112068,82196.364.06$55,640
Feb 20111364,01385.644.18$28,421
Jan 2011899886.504.59$8,148
Dec 20101271,70585.734.35$18,301
Nov 20102881,66180.843.80$29,586
Oct 20101572,36578.103.51$20,560
Sep 2010582,97572.633.98$16,051
Aug 20101031,84873.684.42$15,756
Jul 20101193,88772.554.74$27,044
Jun 2010601,84070.364.91$13,257
May 20101093,28471.124.24$21,661
Apr 2010723,10081.694.12$18,662
Mar 2010733,24678.394.39$19,968
Feb 2010672,17373.585.44$16,756
Jan 2010454,29974.365.96$28,986
Dec 2009643,48771.445.48$23,694
Nov 2009888,90274.593.75$39,960
Oct 2009786,90872.544.11$34,052
Sep 200910413,22665.543.06$47,351
Aug 200910715,47567.423.22$57,020
Jul 200912217,91161.133.46$69,511
Jun 200915220,25366.163.90$88,942
May 200918225,14854.743.93$108,687
Apr 200925529,03046.773.59$116,071
Mar 200930432,59742.144.06$145,122
Feb 200928530,73132.814.63$151,728
Jan 200936723,40935.865.37$138,890
Dec 200832132,03337.105.98$203,375
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.

May 2026 — as filed, then multipliedworked
Condensate             0 bbl  × $106.41 =         $0
Gas                   21 Mcf  × $  3.05 =        $64

────────────────────────────────────────────────────
Month total                                      $64

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/240244 is the state's own key, not one this site invented.