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 240245District 09Field 65280200CondensateGasSaveExport
Value, all time
$7.0 M
Apr 2008 – May 2026
Value, last 12 filed months
$139 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
CondensateDisposition7,905 bbl$498,664
GasProduction1,762,170 Mcf$6,530,080
Total$7,028,745

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 202613,138106.413.05$9,664
Apr 202601,39998.932.87$4,015
Mar 202601,96489.753.15$6,186
Feb 202603,48963.503.75$13,085
Jan 202602,43659.138.00$19,483
Dec 202512,12656.664.41$9,439
Nov 202501,12058.593.93$4,398
Oct 202501,15459.383.30$3,814
Sep 202502,50962.743.08$7,720
Aug 202503,70963.933.01$11,182
Jul 202507,06766.743.32$23,429
Jun 202508,56366.483.13$26,791
May 202507,98360.553.23$25,804
Apr 202509,29562.363.54$32,933
Mar 202518,98267.704.27$38,406
Feb 202507,31870.884.34$31,766
Jan 202517,80374.324.28$33,461
Dec 202408,58568.993.12$26,797
Nov 202416,21769.052.20$13,737
Oct 202405,80571.372.28$13,244
Sep 202409,29569.612.36$21,977
Aug 2024010,29375.632.06$21,241
Jul 2024010,29279.932.15$22,093
Jun 20241610,36678.082.63$28,553
May 202407,77678.812.20$17,095
Apr 2024154,89984.451.66$9,395
Mar 2024144,42680.301.55$7,963
Feb 202405,20476.091.78$9,282
Jan 2024155,75273.023.30$20,063
Dec 2023377,24371.262.61$21,546
Nov 2023587,10077.892.81$24,451
Oct 202305,28985.443.09$16,329
Sep 2023364,34889.042.74$15,097
Aug 202302,52780.522.67$6,754
Jul 2023184,87774.852.64$14,231
Jun 202307,13768.962.26$16,119
May 2023117,22270.622.23$16,863
Apr 202306,09178.122.24$13,630
Mar 2023235,66272.852.39$15,226
Feb 2023145,22575.112.47$13,935
Jan 2023115,45476.533.39$19,318
Dec 2022215,60976.415.73$33,739
Nov 2022235,33485.005.65$32,072
Oct 2022105,88987.185.86$35,403
Sep 202235,60184.888.16$45,979
Aug 2022225,70394.529.13$54,132
Jul 2022125,897101.587.54$45,695
Jun 2022115,891115.097.98$48,260
May 2022116,061109.378.43$52,316
Apr 2022275,494104.226.84$40,380
Mar 2022146,254108.885.08$33,272
Feb 2022385,49491.054.86$30,154
Jan 202266,21081.844.54$28,670
Dec 202196,44371.323.90$25,764
Nov 202106,24577.435.24$32,704
Oct 202186,72979.795.71$39,087
Sep 202106,43469.865.35$34,428
Aug 202106,22266.024.22$26,261
Jul 202106,14670.783.98$24,474
Jun 202106,20269.493.38$20,967
May 202106,43663.483.02$19,422
Apr 202115,99360.362.76$16,592
Mar 202116,59861.302.72$17,988
Feb 202135,79957.805.55$32,346
Jan 202126,69250.412.81$18,907
Dec 202056,76744.642.68$18,328
Nov 202036,28838.772.71$17,135
Oct 202026,63936.972.48$16,528
Sep 202006,78837.091.99$13,515
Aug 202017,14539.982.39$17,082
Jul 202027,10938.371.83$13,052
Jun 202046,90434.901.69$11,810
May 202037,48216.921.81$13,629
Apr 202046,89814.751.80$12,506
Mar 202056,69630.341.86$12,581
Feb 2020286,64149.881.98$14,550
Jan 2020217,44857.252.09$16,804
Dec 201907,42259.012.30$17,103
Nov 20191307,66755.302.75$28,279
Oct 2019397,47953.472.42$20,174
Sep 2019837,46655.052.66$24,408
Aug 2019207,86353.112.30$19,181
Jul 2019127,53256.272.46$19,204
Jun 2019107,39952.782.49$18,960
May 2019117,82758.482.74$22,092
Apr 201977,06362.632.75$19,867
Mar 2019147,52256.803.06$23,828
Feb 201997,01750.852.79$20,051
Jan 2019348,18546.033.23$27,988
Dec 2018128,21846.594.19$34,955
Nov 2018107,94052.934.24$34,173
Oct 2018128,02861.443.40$28,017
Sep 201887,98959.543.11$25,306
Aug 2018248,14559.403.07$26,403
Jul 201867,72665.142.93$23,043
Jun 2018197,82360.183.08$25,214
May 2018157,95065.382.90$24,042
Apr 2018267,77963.842.90$24,225
Mar 2018158,09561.222.79$23,478
Feb 201898,47261.782.77$23,991
Jan 2018228,54562.874.01$35,643
Dec 201708,51957.272.92$24,888
Nov 2017139,47255.423.12$30,258
Oct 20171310,52949.292.98$32,056
Sep 201799,95747.523.09$31,168
Aug 2017149,46945.373.00$29,084
Jul 2017478,93843.873.09$29,656
Jun 201707,28942.493.09$22,503
May 201796,24945.373.26$20,801
Apr 2017545,34847.933.21$19,764
Mar 2017696,36946.772.98$22,230
Feb 2017156,73950.452.95$20,654
Jan 2017137,43349.413.42$26,054
Dec 20161097,82148.763.72$34,431
Nov 20161538,20742.492.64$28,203
Oct 2016137,86846.193.09$24,915
Sep 20162111,25041.553.10$35,755
Aug 20162312,25041.442.92$36,776
Jul 20164212,58641.622.92$38,554
Jun 2016115,69245.352.69$15,787
May 2016690542.521.99$2,057
Apr 2016301,18336.561.99$3,452
Mar 201613033.011.79$87
Feb 2016361526.472.06$984
Jan 2016463527.352.36$1,341
Dec 2015262132.362.00$883
Nov 2015242638.792.17$987
Oct 201506443.552.43$155
Sep 20150842.992.76$22
Aug 2015127040.162.87$5,100
Jul 2015492648.152.95$2,436
Jun 2015525856.152.88$3,087
May 201503555.212.96$103
Apr 2015882,17149.822.71$10,260
Mar 2015966,65542.892.93$23,648
Feb 20151277,74644.662.98$28,725
Jan 20151548,99143.433.10$34,566
Dec 201409,18454.693.59$32,983
Nov 2014339,63770.464.25$43,300
Oct 2014114,91078.303.90$58,242
Sep 2014214,77386.164.05$59,936
Aug 2014193389.394.04$3,854
Jul 20140196.564.18$4
Jun 2014854698.164.74$3,372
May 20145260494.734.73$7,781
Apr 2014103,66395.944.81$18,575
Mar 201491,71095.895.06$9,510
Feb 201444,45797.406.19$27,987
Jan 20147490.404.86$652
Dec 20131391.824.35$105
Nov 20138488.853.74$726
Oct 201391,74397.423.78$7,464
Sep 2013581,842104.113.72$12,886
Aug 2013222,066104.253.52$9,571
Jul 2013652,599102.523.72$16,326
Jun 2013424,18094.403.93$20,406
May 2013676,68694.834.15$34,094
Apr 2013626,26393.964.28$32,647
Mar 2013406,79293.623.91$30,321
Feb 2013296,62191.233.42$25,289
Jan 2013499,72791.603.42$37,754
Dec 2012357,05886.773.42$27,176
Nov 2012348,53486.953.62$33,892
Oct 2012489,12789.383.40$35,319
Sep 2012478,99994.672.92$30,712
Aug 20125411,44992.662.91$38,299
Jul 20125912,37785.133.02$42,411
Jun 20128612,94479.822.52$39,471
May 201210312,67291.612.49$40,968
Apr 20123411,928101.652.00$27,274
Mar 2012258,494105.052.22$21,501
Feb 20122514,210101.102.57$39,051
Jan 20124110,08498.092.73$31,592
Dec 20114712,06196.873.24$43,627
Nov 20115117,91495.723.31$64,200
Oct 20115912,65684.983.65$51,190
Sep 20117211,55683.623.99$52,081
Aug 2011549,01983.404.15$41,926
Jul 20113311,70794.144.52$55,990
Jun 20111912,97592.904.64$61,968
May 20114711,62098.134.40$55,796
Apr 20117710,901105.964.33$55,396
Mar 2011559,15096.364.06$42,424
Feb 2011391,04585.644.18$7,708
Jan 2011344,01486.504.59$21,360
Dec 2010443,10585.734.35$17,272
Nov 20101263,33880.843.80$22,855
Oct 20106511,64678.103.51$45,941
Sep 2010435,54172.633.98$25,173
Aug 20107313,11373.684.42$63,330
Jul 2010824,10972.554.74$114,772
Jun 2010321,59770.364.91$106,261
May 20105119,67271.124.24$86,942
Apr 20109020,53581.694.12$92,012
Mar 20106821,90578.394.39$101,464
Feb 20109419,86173.585.44$115,007
Jan 20107022,10174.365.96$137,018
Dec 20099223,09371.445.48$133,209
Nov 200911120,91974.593.75$86,757
Oct 200910722,33472.544.11$99,560
Sep 200912623,01965.543.06$78,806
Aug 200913124,56967.423.22$87,907
Jul 200915525,19661.133.46$96,767
Jun 200919326,87066.163.90$117,428
May 200921030,37554.743.93$130,740
Apr 200926829,52246.773.59$118,445
Mar 200930633,10842.144.06$147,280
Feb 200929733,88532.814.63$166,734
Jan 200943938,06135.865.37$220,168
Dec 200836840,82737.105.98$257,681
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             1 bbl  × $106.41 =       $106
Gas                3,138 Mcf  × $  3.05 =     $9,558

────────────────────────────────────────────────────
Month total                                   $9,664

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/240245 is the state's own key, not one this site invented.