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 240655District 09Field 65280200CondensateGasSaveExport
Value, all time
$10.4 M
May 2008 – May 2026
Value, last 12 filed months
$506 k
at the published price for each month
Months reported
217
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
CondensateDisposition9,667 bbl$584,380
GasProduction2,748,353 Mcf$9,854,287
Total$10,438,667

Every month this lease reported (217)

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

217 months

May 202619,864106.413.05$30,151
Apr 2026010,72198.932.87$30,766
Mar 2026010,84989.753.15$34,168
Feb 2026668,51963.503.75$36,140
Jan 2026010,56559.138.00$84,498
Dec 20252910,99456.664.41$50,164
Nov 202511411,13758.593.93$50,408
Oct 2025011,67659.383.30$38,587
Sep 2025010,60762.743.08$32,637
Aug 20254911,10563.933.01$36,611
Jul 20258111,75266.743.32$44,366
Jun 2025012,00366.483.13$37,554
May 2025012,87160.553.23$41,603
Apr 20255312,55062.363.54$47,771
Mar 20259712,54167.704.27$60,096
Feb 2025011,92170.884.34$51,747
Jan 20254212,66674.324.28$57,315
Dec 202409,01968.993.12$28,152
Nov 2024388,11969.052.20$20,473
Oct 2024011,71371.372.28$26,722
Sep 2024011,95369.612.36$28,261
Aug 2024012,16475.632.06$25,102
Jul 202408,36579.932.15$17,956
Jun 2024682,95178.082.63$13,082
May 202408,45978.812.20$18,597
Apr 2024319,77584.451.66$18,837
Mar 20242610,24680.301.55$17,919
Feb 202409,03076.091.78$16,106
Jan 2024248,73573.023.30$30,558
Dec 20234811,83771.262.61$34,324
Nov 20233911,40277.892.81$35,050
Oct 2023011,09685.443.09$34,256
Sep 2023147,79589.042.74$22,566
Aug 202308,22780.522.67$21,990
Jul 20231712,14974.852.64$33,368
Jun 2023011,84568.962.26$26,752
May 2023239,52670.622.23$22,842
Apr 2023010,25178.122.24$22,939
Mar 2023486,75572.852.39$19,663
Feb 2023278,92375.112.47$24,029
Jan 20232510,58576.533.39$37,772
Dec 20225010,46076.415.73$63,747
Nov 2022479,56585.005.65$58,001
Oct 20222010,14487.185.86$61,226
Sep 202269,41484.888.16$77,362
Aug 2022388,75294.529.13$83,473
Jul 2022218,796101.587.54$68,473
Jun 2022198,710115.097.98$71,668
May 2022148,681109.378.43$74,738
Apr 2022338,314104.226.84$60,287
Mar 20221510,653108.885.08$55,712
Feb 2022479,79691.054.86$51,877
Jan 20221610,59081.844.54$49,363
Dec 2021329,67871.323.90$40,018
Nov 202109,47577.435.24$49,619
Oct 2021459,61279.795.71$58,512
Sep 2021496,74169.865.35$39,494
Aug 2021523,83566.024.22$19,619
Jul 20211593,16270.783.98$23,845
Jun 20211292,09869.493.38$16,057
May 2021342,84863.483.02$10,753
Apr 2021134,62560.362.76$13,542
Mar 2021294,05461.302.72$12,792
Feb 2021556,21457.805.55$37,654
Jan 2021519,04350.412.81$27,984
Dec 20201008,76244.642.68$27,906
Nov 2020488,19038.772.71$24,028
Oct 2020549,05036.972.48$24,426
Sep 2020949,75237.091.99$22,903
Aug 20201746,05839.982.39$21,405
Jul 20201684,64538.371.83$14,924
Jun 2020293,86534.901.69$7,545
May 2020395,46416.921.81$10,576
Apr 2020154,54014.751.80$8,413
Mar 2020252,12230.341.86$4,697
Feb 2020912,29749.881.98$9,089
Jan 2020366,83957.252.09$16,387
Dec 2019010,39059.012.30$23,942
Nov 20192911,37155.302.75$32,882
Oct 2019711,80653.472.42$28,928
Sep 2019511,04855.052.66$29,633
Aug 2019310,99053.112.30$25,484
Jul 2019511,36856.272.46$28,247
Jun 20191112,05152.782.49$30,602
May 20191312,42558.482.74$34,809
Apr 20191012,21862.632.75$34,234
Mar 20191112,20156.803.06$37,985
Feb 20191310,88850.852.79$31,063
Jan 20192511,26046.033.23$37,500
Dec 20181515,07746.594.19$63,803
Nov 20181213,94952.934.24$59,740
Oct 2018413,88561.443.40$47,428
Sep 2018113,64459.543.11$42,465
Aug 20181214,44759.403.07$45,015
Jul 2018213,66765.142.93$40,200
Jun 2018012,63860.183.08$38,886
May 2018013,14465.382.90$38,128
Apr 2018013,04763.842.90$37,847
Mar 2018012,80561.222.79$35,685
Feb 2018011,91761.782.77$32,964
Jan 2018013,06662.874.01$52,386
Dec 2017013,98457.272.92$40,855
Nov 2017013,12855.423.12$40,938
Oct 2017114,35749.292.98$42,886
Sep 2017114,16647.523.09$43,782
Aug 2017113,36145.373.00$40,187
Jul 2017314,31843.873.09$44,335
Jun 2017014,71842.493.09$45,439
May 2017016,05845.373.26$52,404
Apr 2017814,26047.933.21$46,181
Mar 20177915,72846.772.98$50,622
Feb 20171415,33550.452.95$45,984
Jan 2017816,65149.413.42$57,322
Dec 20166817,90848.763.72$69,984
Nov 201610418,06342.492.64$52,184
Oct 20162917,10146.193.09$54,186
Sep 20163317,89941.553.10$56,869
Aug 20163519,19141.442.92$57,571
Jul 20166118,15041.622.92$55,616
Jun 20163719,76145.352.69$54,753
May 201614120,62942.521.99$47,068
Apr 20164221,38236.561.99$44,108
Mar 2016322,27533.011.79$40,061
Feb 20165121,27626.472.06$45,256
Jan 20163322,74227.352.36$54,673
Dec 20151522,76932.362.00$46,056
Nov 20151221,98338.792.17$48,110
Oct 2015022,63143.552.43$54,916
Sep 2015021,68242.992.76$59,808
Aug 2015922,94540.162.87$66,271
Jul 2015323,31648.152.95$68,812
Jun 2015322,39856.152.88$64,739
May 2015030,03655.212.96$88,770
Apr 2015423,44149.822.71$63,644
Mar 20151224,74942.892.93$73,146
Feb 20152121,64544.662.98$65,357
Jan 20154823,70343.433.10$75,579
Dec 2014123,77154.693.59$85,425
Nov 201410321,72970.464.25$99,646
Oct 201412224,58378.303.90$105,450
Sep 20145723,76686.164.05$101,055
Aug 20143424,21489.394.04$100,746
Jul 2014022,70596.564.18$94,898
Jun 20142115,98698.164.74$77,785
May 2014449,67494.734.73$49,893
Apr 20144710,21695.944.81$53,639
Mar 2014209,01095.895.06$47,480
Feb 2014510,15397.406.19$63,354
Jan 2014663,11390.404.86$21,098
Dec 201388,34091.824.35$37,051
Nov 201314112,37288.853.74$58,778
Oct 20133015,29697.423.78$60,732
Sep 20137514,607104.113.72$62,113
Aug 20132014,107104.253.52$51,778
Jul 2013518,906102.523.72$38,339
Jun 2013396,01094.403.93$27,321
May 20137211,83994.834.15$55,949
Apr 20135714,18993.964.28$66,121
Mar 20133315,34693.623.91$63,136
Feb 20133212,14091.233.42$44,437
Jan 20131215,28291.603.42$53,362
Dec 201222,74186.773.42$9,548
Nov 201201,47686.953.62$5,350
Oct 20127089.383.40$626
Sep 201223,92394.672.92$11,638
Aug 201207,55692.662.91$21,974
Jul 20122185.133.02$173
Jun 20120079.822.52$0
May 20120091.612.49$0
Apr 201200101.652.00$0
Mar 201210105.052.22$105
Feb 201221,570101.102.57$4,237
Jan 20128298.092.73$790
Dec 2011143,27896.873.24$11,976
Nov 20115015,00295.723.31$54,462
Oct 20114618,56584.983.65$71,644
Sep 20114510,39983.623.99$45,211
Aug 20116310,07783.404.15$47,067
Jul 2011378,94694.144.52$43,894
Jun 2011229,84392.904.64$47,714
May 20114611,60198.134.40$55,614
Apr 20116111,522105.964.33$56,392
Mar 2011409,44296.364.06$42,164
Feb 2011199,01385.644.18$39,301
Jan 2011211,84186.504.59$54,509
Dec 2010512,23785.734.35$53,632
Nov 20104010,23680.843.80$42,083
Oct 2010189,45778.103.51$34,589
Sep 201058,60872.633.98$34,618
Aug 2010593,32073.684.42$19,019
Jul 20106522,17172.554.74$109,728
Jun 2010255,52370.364.91$28,879
May 201012326,91571.124.24$122,739
Apr 201013621,60181.694.12$100,164
Mar 20106512,97878.394.39$62,052
Feb 2010583,69273.585.44$24,361
Jan 2010581,00974.365.96$10,331
Dec 20099718,38671.445.48$107,754
Nov 200913826,01874.593.75$107,900
Oct 200913027,46072.544.11$122,298
Sep 200915024,33265.543.06$84,403
Aug 200915124,35167.423.22$88,554
Jul 200916925,79361.133.46$99,691
Jun 200920227,66266.163.90$121,108
May 200923532,46154.743.93$140,298
Apr 200933838,24846.773.59$153,023
Mar 200941644,63642.144.06$198,708
Feb 200941645,17232.814.63$222,931
Jan 200965056,80935.865.37$328,430
Dec 200849551,98037.105.98$329,056
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

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                9,864 Mcf  × $  3.05 =    $30,044

────────────────────────────────────────────────────
Month total                                  $30,151

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/240655 is the state's own key, not one this site invented.