STATION BRANCH RANCH 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 240769District 09Field 65280200CondensateGasSaveExport
Value, all time
$7.8 M
Jun 2007 – May 2026
Value, last 12 filed months
$76 k
at the published price for each month
Months reported
220
8 months not filed
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
CondensateDisposition7,627 bbl$494,168
GasProduction1,855,820 Mcf$7,312,395
Total$7,806,563

Every month this lease reported (220)

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

220 months

May 202603,299106.413.05$10,048
Apr 202602,28998.932.87$6,569
Mar 202602,23889.753.15$7,048
Feb 202601,59863.503.75$5,993
Jan 2026066559.138.00$5,319
Dec 202501,44756.664.41$6,386
Nov 202501,31158.593.93$5,148
Oct 202501,69259.383.30$5,592
Sep 202501,44162.743.08$4,434
Aug 202501,80063.933.01$5,427
Jul 202502,53666.743.32$8,407
Jun 202501,95066.483.13$6,101
May 202501,96060.553.23$6,335
Apr 202502,06362.363.54$7,309
Mar 202502,07867.704.27$8,870
Feb 202502,07270.884.34$8,994
Jan 202502,67974.324.28$11,463
Dec 202402,69768.993.12$8,418
Nov 202402,73169.052.20$6,004
Oct 202402,99571.372.28$6,833
Sep 202403,27169.612.36$7,734
Aug 202403,44275.632.06$7,103
Jul 202403,88479.932.15$8,337
Jun 202403,36878.082.63$8,871
May 202403,02078.812.20$6,639
Apr 202403,13684.451.66$5,203
Mar 202402,23680.301.55$3,455
Feb 202403,92176.091.78$6,994
Jan 202406,65273.023.30$21,936
Dec 202305,04571.262.61$13,171
Nov 202303,32277.892.81$9,327
Oct 202305,67185.443.09$17,508
Sep 202303,91289.042.74$10,699
Aug 202302,58080.522.67$6,896
Jul 202302,97174.852.64$7,849
Jun 202302,47668.962.26$5,592
May 202302,44270.622.23$5,439
Apr 202303,32678.122.24$7,443
Mar 202302,89272.852.39$6,921
Feb 202303,08375.112.47$7,602
Jan 202302,60376.533.39$8,818
Dec 202203,13276.415.73$17,943
Nov 202203,52985.005.65$19,925
Oct 202203,73587.185.86$21,901
Sep 202203,68884.888.16$30,108
Aug 202204,52694.529.13$41,310
Jul 202204,865101.587.54$36,692
Jun 202204,641115.097.98$37,022
May 202204,589109.378.43$38,699
Apr 202204,552104.226.84$31,125
Mar 202204,708108.885.08$23,900
Feb 202204,13491.054.86$20,086
Jan 202204,05781.844.54$18,409
Dec 202104,77471.323.90$18,614
Nov 202104,32377.435.24$22,639
Oct 202104,85079.795.71$27,712
Sep 202105,05869.865.35$27,065
Aug 202104,54066.024.22$19,161
Jul 2021234,41370.783.98$19,201
Jun 202104,03269.493.38$13,631
May 2021274,76663.483.02$16,096
Apr 202104,82360.362.76$13,304
Mar 202104,86761.302.72$13,223
Feb 2021304,20857.805.55$25,080
Jan 202104,62550.412.81$12,998
Dec 2020255,02044.642.68$14,547
Nov 2020314,85638.772.71$14,345
Oct 202005,13936.972.48$12,737
Sep 202005,47137.091.99$10,893
Aug 2020325,48239.982.39$14,354
Jul 202005,31338.371.83$9,697
Jun 2020275,08034.901.69$9,529
May 2020275,09416.921.81$9,701
Apr 202003,94814.751.80$7,124
Mar 2020248,94230.341.86$17,327
Feb 2020223,94749.881.98$8,915
Jan 2020434,25057.252.09$11,364
Dec 201903,81059.012.30$8,780
Nov 201903,34055.302.75$9,187
Oct 2019373,68253.472.42$10,883
Sep 2019183,13355.052.66$9,316
Aug 2019203,86953.112.30$9,978
Jul 201904,10256.272.46$10,091
Jun 2019223,91952.782.49$10,924
May 2019204,23358.482.74$12,769
Apr 201904,14962.632.75$11,413
Mar 2019234,35456.803.06$14,639
Feb 2019244,32050.852.79$13,283
Jan 2019295,59946.033.23$19,409
Dec 201806,09546.594.19$25,510
Nov 2018316,01452.934.24$27,124
Oct 201805,90561.443.40$20,066
Sep 201805,75959.543.11$17,899
Aug 2018306,36759.403.07$21,307
Jul 2018316,44065.142.93$20,901
Jun 2018285,97460.183.08$20,067
May 201806,27865.382.90$18,211
Apr 2018296,40663.842.90$20,434
Mar 2018317,13261.222.79$21,774
Feb 2018367,48161.782.77$22,917
Jan 2018758,02962.874.01$36,906
Dec 2017347,49157.272.92$23,832
Nov 201707,29955.423.12$22,761
Oct 2017286,98949.292.98$22,233
Sep 2017296,44847.523.09$21,285
Aug 201706,89445.373.00$20,712
Jul 2017567,50543.873.09$25,627
Jun 201706,99242.493.09$21,586
May 2017167,17645.373.26$24,144
Apr 201707,03847.933.21$22,603
Mar 2017498,43646.772.98$27,462
Feb 2017011,09650.452.95$32,762
Jan 20173311,27249.413.42$40,167
Dec 2016011,32348.763.72$42,154
Nov 20162810,51942.492.64$29,006
Oct 2016010,31046.193.09$31,861
Sep 2016011,84941.553.10$36,739
Aug 2016013,85941.442.92$40,528
Jul 2016014,26541.622.92$41,716
Jun 2016013,63245.352.69$36,613
May 20167513,41842.521.99$29,905
Apr 2016013,30636.561.99$26,493
Mar 20164813,93233.011.79$26,579
Feb 20165112,83826.472.06$27,843
Jan 2016014,44027.352.36$34,141
Dec 20155414,16932.362.00$30,105
Nov 2015013,80338.792.17$29,916
Oct 2015014,59043.552.43$35,404
Sep 2015014,06542.992.76$38,797
Aug 20154813,91640.162.87$41,901
Jul 2015012,61048.152.95$37,137
Jun 20154212,44956.152.88$38,247
May 201509,82455.212.96$29,034
Apr 20151409,70649.822.71$33,245
Mar 20154612,78042.892.93$39,479
Feb 2015012,39844.662.98$36,899
Jan 20157012,58843.433.10$42,071
Dec 20143212,90454.693.59$48,093
Nov 20142612,22870.464.25$53,823
Oct 20145213,41278.303.90$56,391
Sep 2014012,93786.164.05$52,336
Aug 20143113,75589.394.04$58,274
Jul 20142714,33696.564.18$62,526
Jun 2014014,98798.164.74$70,992
May 2014014,48694.734.73$68,469
Apr 2014011,53695.944.81$55,478
Mar 201408,98595.895.06$45,435
Feb 201408,02797.406.19$49,703
Jan 201408,56390.404.86$41,622
Dec 201309,20491.824.35$40,079
Nov 201309,47688.853.74$35,424
Oct 201308,80797.423.78$33,285
Sep 201307,290104.113.72$27,102
Aug 201316,746104.253.52$23,868
Jul 201316,560102.523.72$24,491
Jun 201316,92994.403.93$27,349
May 201318,33594.834.15$34,677
Apr 201318,15293.964.28$35,006
Mar 201316,98393.623.91$27,417
Feb 201308,47691.233.42$28,987
Jan 2013210,16591.603.42$34,947
Dec 201249,80386.773.42$33,875
Nov 201237,00186.953.62$25,639
Oct 201266,88689.383.40$23,946
Sep 2012132,96494.672.92$9,881
Aug 2012536,90192.662.91$24,980
Jul 20121110,06285.133.02$31,332
Jun 2012910,37879.822.52$26,861
May 2012511,56691.612.49$29,238
Apr 2012111,818101.652.00$23,700
Mar 20121313,549105.052.22$31,473
Feb 20121213,044101.102.57$34,739
Jan 20122912,85098.092.73$37,978
Dec 2011210,73096.873.24$34,956
Nov 20111111,65595.723.31$39,646
Oct 20111012,42284.983.65$46,172
Sep 2011010,11183.623.99$40,300
Aug 201144,79883.404.15$20,242
Jul 20114394.144.52$390
Jun 2011028692.904.64$1,327
May 2011170998.134.40$3,221
Apr 201138,217105.964.33$35,924
Mar 201155,75996.364.06$23,848
Feb 20112313,05285.644.18$56,527
Jan 20111513,89786.504.59$65,068
Dec 20104922,00585.734.35$99,873
Nov 2010481,47180.843.80$9,463
Oct 2010225,50978.103.51$21,049
Sep 20107413,07072.633.98$57,386
Aug 201014012,54973.684.42$65,774
Jul 20107211,47372.554.74$59,565
Jun 20105525,26870.364.91$127,946
May 201015317,14271.124.24$83,482
Apr 20107116,74681.694.12$74,839
Mar 201013717,19478.394.39$86,198
Feb 20109515,52973.585.44$91,505
Jan 201011416,05074.365.96$104,201
Dec 200913517,26671.445.48$104,327
Nov 20092816,09874.593.75$62,480
Oct 200914118,27372.544.11$85,335
Sep 20099317,31465.543.06$59,158
Aug 200912720,58567.423.22$74,815
Jul 200915821,53861.133.46$84,277
Jun 200915621,33666.163.90$93,425
May 200919421,33254.743.93$94,364
Apr 200931120,68646.773.59$88,756
Mar 200924023,72542.144.06$106,413
Feb 200930321,78532.814.63$110,871
Jan 200929224,35635.865.37$141,287
Dec 200839225,57837.105.98$167,426
Nov 200837126,95155.496.86$205,480
Oct 200858032,51375.246.92$268,694
Sep 200849934,839101.767.88$325,208
Aug 200852255,513114.228.48$530,541
Jul 200800131.0811.39$0
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

Not filed, and not zero: Nov 2007 – Jun 2008 (8 months). The Railroad Commission holds no report for those months, so this page shows none — a zero would state that the lease produced nothing.

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                3,299 Mcf  × $  3.05 =    $10,048

────────────────────────────────────────────────────
Month total                                  $10,048

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/240769 is the state's own key, not one this site invented.