MCPHERSON

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 240646District 09Field 65280200CondensateGasSaveExport
Value, all time
$3.0 M
Jul 2008 – May 2026
Value, last 12 filed months
$0
at the published price for each month
Months reported
215
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
CondensateDisposition47 bbl$3,866
GasProduction719,096 Mcf$3,024,695
Total$3,028,561

Every month this lease reported (215)

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

215 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 20200057.252.09$0
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 20170049.292.98$0
Sep 20170047.523.09$0
Aug 20170045.373.00$0
Jul 20170043.873.09$0
Jun 20170042.493.09$0
May 20170045.373.26$0
Apr 20170047.933.21$0
Mar 20170146.772.98$3
Feb 20170050.452.95$0
Jan 20170049.413.42$0
Dec 20160148.763.72$4
Nov 2016013242.492.64$349
Oct 201601,65446.193.09$5,111
Sep 201602,48041.553.10$7,690
Aug 201602,80141.442.92$8,191
Jul 201604,08441.622.92$11,943
Jun 201603,96345.352.69$10,644
May 201604,90342.521.99$9,762
Apr 201604,71736.561.99$9,392
Mar 201605,11733.011.79$9,180
Feb 201604,65126.472.06$9,598
Jan 201604,61827.352.36$10,919
Dec 201504,55332.362.00$9,112
Nov 201504,42938.792.17$9,599
Oct 201504,54243.552.43$11,022
Sep 201504,58242.992.76$12,639
Aug 201504,63140.162.87$13,303
Jul 201505,01648.152.95$14,773
Jun 201504,83356.152.88$13,933
May 201505,39355.212.96$15,939
Apr 201505,37549.822.71$14,548
Mar 201505,46142.892.93$16,026
Feb 201504,97844.662.98$14,815
Jan 201505,76943.433.10$17,888
Dec 201405,80954.693.59$20,862
Nov 201405,50870.464.25$23,419
Oct 201406,59978.303.90$25,742
Sep 201407,53086.164.05$30,462
Aug 201404,80789.394.04$19,397
Jul 201405,74496.564.18$24,008
Jun 201405,78998.164.74$27,422
May 201405,67194.734.73$26,804
Apr 201405,73895.944.81$27,595
Mar 201405,70495.895.06$28,844
Feb 201404,90797.406.19$30,384
Jan 201405,69590.404.86$27,682
Dec 201305,75991.824.35$25,077
Nov 201305,35288.853.74$20,007
Oct 201306,00397.423.78$22,688
Sep 201305,418104.113.72$20,143
Aug 201307,172104.253.52$25,264
Jul 201307,406102.523.72$27,534
Jun 201307,18094.403.93$28,242
May 201307,56594.834.15$31,388
Apr 201307,71393.964.28$33,032
Mar 201307,51993.623.91$29,421
Feb 201307,12291.233.42$24,357
Jan 201307,60991.603.42$26,022
Dec 201207,99686.773.42$27,348
Nov 201207,87286.953.62$28,536
Oct 201208,59389.383.40$29,213
Sep 201208,37794.672.92$24,447
Aug 201209,45892.662.91$27,505
Jul 20124410,09585.133.02$34,241
Jun 2012010,66479.822.52$26,863
May 201208,63891.612.49$21,494
Apr 201206,690101.652.00$13,359
Mar 201208,024105.052.22$17,830
Feb 201208,092101.102.57$20,798
Jan 2012011,15498.092.73$30,496
Dec 2011011,16496.873.24$36,168
Nov 201104,70495.723.31$15,576
Oct 201106,69684.983.65$24,431
Sep 201102683.623.99$104
Aug 20110083.404.15$0
Jul 20110094.144.52$0
Jun 20110092.904.64$0
May 201104,88098.134.40$21,496
Apr 201106,752105.964.33$29,258
Mar 201104,19896.364.06$17,033
Feb 2011026685.644.18$1,112
Jan 201106,46086.504.59$29,644
Dec 201003,99185.734.35$17,352
Nov 201002,51280.843.80$9,534
Oct 201007,26178.103.51$25,478
Sep 201006,27172.633.98$24,955
Aug 201007,70473.684.42$34,047
Jul 201007,22572.554.74$34,221
Jun 201007,77170.364.91$38,159
May 201007,86071.124.24$33,289
Apr 201007,19081.694.12$29,642
Mar 201007,64178.394.39$33,534
Feb 201006,55173.585.44$35,653
Jan 201004,92074.365.96$29,343
Dec 200908,11671.445.48$44,506
Nov 200908,59874.593.75$32,255
Oct 200909,39772.544.11$38,624
Sep 200909,78265.543.06$29,979
Aug 2009011,06567.423.22$35,613
Jul 2009012,13061.133.46$42,024
Jun 2009014,28666.163.90$55,644
May 2009111,97754.743.93$47,073
Apr 2009012,12746.773.59$43,506
Mar 2009013,17242.144.06$53,465
Feb 2009212,54232.814.63$58,173
Jan 2009014,57335.865.37$78,272
Dec 2008016,55437.105.98$98,946
Nov 2008017,09555.496.86$117,278
Oct 2008020,18975.246.92$139,748
Sep 2008021,920101.767.88$172,666
Aug 2008027,874114.228.48$236,456
Jul 200800131.0811.39$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.

Mar 2017 — as filed, then multipliedworked
Condensate             0 bbl  × $ 46.77 =         $0
Gas                    1 Mcf  × $  2.98 =         $3

────────────────────────────────────────────────────
Month total                                       $3

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/240646 is the state's own key, not one this site invented.