PUTTEET, C. R. 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 240590District 09Field 65280200CondensateGasSaveExport
Value, all time
$6.4 M
Jun 2007 – May 2026
Value, last 12 filed months
$212 k
at the published price for each month
Months reported
228
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
CondensateDisposition18,112 bbl$1,297,192
GasProduction1,149,982 Mcf$5,147,892
Total$6,445,084

Every month this lease reported (228)

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

228 months

May 202603,239106.413.05$9,865
Apr 202605,13898.932.87$14,745
Mar 202605,32489.753.15$16,768
Feb 202604,58863.503.75$17,206
Jan 202603,31359.138.00$26,497
Dec 2025115,24856.664.41$23,785
Nov 202505,32658.593.93$20,912
Oct 2025104,99159.383.30$17,088
Sep 2025284,79162.743.08$16,498
Aug 2025105,19763.933.01$16,307
Jul 202505,14166.743.32$17,043
Jun 202504,94666.483.13$15,475
May 202505,11860.553.23$16,543
Apr 202595,01062.363.54$18,312
Mar 202504,10967.704.27$17,539
Feb 202503,36070.884.34$14,585
Jan 2025104,91274.324.28$21,760
Dec 202404,96368.993.12$15,491
Nov 202404,81069.052.20$10,575
Oct 202444,74171.372.28$11,102
Sep 202404,21869.612.36$9,973
Aug 202404,06775.632.06$8,393
Jul 202482,76279.932.15$6,568
Jun 202402,60778.082.63$6,867
May 202494,47978.812.20$10,556
Apr 2024103,37984.451.66$6,451
Mar 2024103,70280.301.55$6,523
Feb 202404,01376.091.78$7,158
Jan 202404,36173.023.30$14,381
Dec 202304,46971.262.61$11,667
Nov 2023104,52977.892.81$13,494
Oct 202305,00285.443.09$15,443
Sep 2023104,80989.042.74$14,043
Aug 202305,69980.522.67$15,233
Jul 2023105,12074.852.64$14,275
Jun 202304,86568.962.26$10,988
May 202304,34170.622.23$9,669
Apr 2023104,02978.122.24$9,797
Mar 2023103,87072.852.39$9,990
Feb 202303,81875.112.47$9,414
Jan 2023104,13276.533.39$14,763
Dec 202294,22176.415.73$24,870
Nov 2022104,14985.005.65$24,276
Oct 2022104,43287.185.86$26,860
Sep 202204,50484.888.16$36,769
Aug 202294,59494.529.13$42,781
Jul 202204,494101.587.54$33,894
Jun 202294,397115.097.98$36,112
May 2022104,622109.378.43$40,071
Apr 202204,050104.226.84$27,692
Mar 2022204,756108.885.08$26,321
Feb 2022104,53891.054.86$22,960
Jan 2022104,97181.844.54$23,375
Dec 202104,75371.323.90$18,533
Nov 2021154,44577.435.24$24,439
Oct 202134,95379.795.71$28,540
Sep 202134,47569.865.35$24,155
Aug 2021164,53766.024.22$20,205
Jul 2021144,02170.783.98$17,003
Jun 2021143,79269.493.38$13,792
May 2021184,07663.483.02$13,443
Apr 2021353,91860.362.76$12,920
Mar 2021834,17261.302.72$16,423
Feb 20212113,69957.805.55$32,718
Jan 2021813,86950.412.81$14,956
Dec 2020933,75244.642.68$14,190
Nov 20201293,54838.772.71$14,604
Oct 2020653,95636.972.48$12,208
Sep 20201263,80837.091.99$12,255
Aug 20201093,95939.982.39$13,800
Jul 20202614,05338.371.83$17,412
Jun 20202023,91834.901.69$13,672
May 2020954,14016.921.81$9,120
Apr 20202504,01814.751.80$10,938
Mar 20202834,12430.341.86$16,241
Feb 2020784,00149.881.98$11,815
Jan 20202554,19357.252.09$23,382
Dec 20191684,11159.012.30$19,387
Nov 20193184,04755.302.75$28,717
Oct 2019584,04053.472.42$12,872
Sep 20191424,09255.052.66$18,691
Aug 20191744,28153.112.30$19,106
Jul 201904,13156.272.46$10,163
Jun 20191064,03952.782.49$15,657
May 2019124,16058.482.74$12,101
Apr 2019383,73562.632.75$12,654
Mar 20192324,36356.803.06$26,538
Feb 20191084,18050.852.79$17,163
Jan 20191254,67346.033.23$20,839
Dec 20182714,59846.594.19$31,871
Nov 2018694,34952.934.24$22,080
Oct 20182064,62461.443.40$28,369
Sep 20181414,40159.543.11$22,073
Aug 20181094,63259.403.07$20,679
Jul 20181504,58865.142.93$23,222
Jun 2018934,36360.183.08$19,021
May 20181474,77865.382.90$23,471
Apr 20182024,65263.842.90$26,390
Mar 20182174,74961.222.79$26,519
Feb 20182563,99761.782.77$26,872
Jan 20181084,03162.874.01$22,952
Dec 20171604,32657.272.92$21,802
Nov 2017604,45055.423.12$17,202
Oct 20171154,45049.292.98$18,946
Sep 201744,60347.523.09$14,401
Aug 201794,56845.373.00$14,132
Jul 2017144,65843.873.09$14,995
Jun 2017314,58142.493.09$15,460
May 2017194,77545.373.26$16,445
Apr 2017444,72247.933.21$17,274
Mar 20171354,76446.772.98$20,528
Feb 20171934,21350.452.95$22,176
Jan 20171463,64849.413.42$19,686
Dec 20161674,34048.763.72$24,300
Nov 2016584,95042.492.64$15,554
Oct 2016276,91746.193.09$22,622
Sep 2016307,32541.553.10$23,959
Aug 2016457,32441.442.92$23,283
Jul 2016135,06941.622.92$15,365
Jun 201671,31345.352.69$3,844
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 20150056.152.88$0
May 20151055.212.96$55
Apr 20158049.822.71$399
Mar 20152469942.892.93$3,081
Feb 2015152,91244.662.98$9,337
Jan 201543,47243.433.10$10,939
Dec 201463,37254.693.59$12,438
Nov 201463,31670.464.25$14,522
Oct 201453,74978.303.90$15,016
Sep 201443,32386.164.05$13,788
Aug 2014143,65189.394.04$15,984
Jul 2014103,77196.564.18$16,727
Jun 2014183,61198.164.74$18,872
May 2014233,68694.734.73$19,601
Apr 2014423,83595.944.81$22,472
Mar 2014303,80995.895.06$22,138
Feb 2014333,45697.406.19$24,614
Jan 2014513,69690.404.86$22,576
Dec 2013603,41591.824.35$20,380
Nov 2013203,66688.853.74$15,482
Oct 2013223,41297.423.78$15,038
Sep 2013163,159104.113.72$13,410
Aug 201312,334104.253.52$8,326
Jul 201314,957102.523.72$18,531
Jun 201303,05994.403.93$12,032
May 201303,14194.834.15$13,032
Apr 201302,86193.964.28$12,252
Mar 201303,21293.623.91$12,568
Feb 201303,60991.233.42$12,342
Jan 201324,34091.603.42$15,026
Dec 201204,10786.773.42$14,047
Nov 201213,79686.953.62$13,847
Oct 2012111,00889.383.40$4,410
Sep 2012143,87994.672.92$12,646
Aug 2012564,49692.662.91$18,264
Jul 2012574,79085.133.02$19,322
Jun 2012684,14979.822.52$15,879
May 20121254,86891.612.49$23,564
Apr 20121304,811101.652.00$22,821
Mar 20121365,480105.052.22$26,464
Feb 20121264,994101.102.57$25,574
Jan 2012626,04598.092.73$22,609
Dec 20111155,24096.873.24$28,116
Nov 2011843,41295.723.31$19,339
Oct 2011807,17784.983.65$32,984
Sep 2011986,63883.623.99$34,653
Aug 2011607,69683.404.15$36,937
Jul 2011765,33194.144.52$31,236
Jun 2011986,27292.904.64$38,206
May 20111127,06098.134.40$42,089
Apr 20111206,036105.964.33$38,871
Mar 20111365,60796.364.06$35,854
Feb 2011946,32585.644.18$34,489
Jan 20111425,85886.504.59$39,164
Dec 20101185,37085.734.35$33,464
Nov 2010516,70580.843.80$29,571
Oct 2010358,39878.103.51$32,201
Sep 2010688,19272.633.98$37,539
Aug 2010117,82273.684.42$35,379
Jul 201049,36872.554.74$44,662
Jun 2010198,72070.364.91$44,156
May 2010868,75071.124.24$43,174
Apr 20101068,89981.694.12$45,347
Mar 2010889,36378.394.39$47,989
Feb 20101018,77373.585.44$55,177
Jan 201012810,02274.365.96$69,290
Dec 20091198,01071.445.48$52,426
Nov 20091209,13274.593.75$43,210
Oct 200916510,48572.544.11$55,065
Sep 20091369,53665.543.06$38,139
Aug 20091509,25767.423.22$39,907
Jul 200914410,07261.133.46$43,697
Jun 200918610,48466.163.90$53,141
May 200916910,82854.743.93$51,759
Apr 200921911,21346.773.59$50,469
Mar 200924411,78742.144.06$58,126
Feb 20091998,14532.814.63$44,265
Jan 20092378,90035.865.37$56,301
Dec 20082146,93437.105.98$49,385
Nov 20082166,44155.496.86$56,173
Oct 20082257,02275.246.92$65,535
Sep 20081778,758101.767.88$86,999
Aug 20082347,440114.228.48$89,841
Jul 20082276,476131.0811.39$103,513
Jun 20082668,134131.3313.03$140,941
May 200829610,454123.1711.57$157,456
Apr 200846815,063110.3110.45$209,107
Mar 200850616,634101.909.66$212,314
Feb 200840312,83192.538.77$149,825
Jan 200862520,40290.388.21$223,901
Dec 20071,09426,61088.337.30$290,938
Nov 200739932,90091.677.29$276,473
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

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                3,239 Mcf  × $  3.05 =     $9,865

────────────────────────────────────────────────────
Month total                                   $9,865

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/240590 is the state's own key, not one this site invented.