HOOVER 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 240811District 09Field 65280200CondensateGasSaveExport
Value, all time
$328 k
Jun 2007 – May 2026
Value, last 12 filed months
$0
at the published price for each month
Months reported
221
7 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
CondensateDisposition1,646 bbl$128,791
GasProduction41,203 Mcf$199,004
Total$327,795

Every month this lease reported (221)

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

221 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 201701443.873.09$43
Jun 2017081942.493.09$2,528
May 2017184645.373.26$2,806
Apr 2017079247.933.21$2,544
Mar 2017590546.772.98$2,934
Feb 2017040550.452.95$1,196
Jan 20173047249.413.42$3,096
Dec 2016077348.763.72$2,878
Nov 2016074242.492.64$1,962
Oct 20160046.193.09$0
Sep 201603741.553.10$115
Aug 201601,46841.442.92$4,293
Jul 20160041.622.92$0
Jun 20160045.352.69$0
May 20160042.521.99$0
Apr 20160036.561.99$0
Mar 20160433.011.79$7
Feb 20160026.472.06$0
Jan 20160127.352.36$2
Dec 20150132.362.00$2
Nov 20150038.792.17$0
Oct 20150343.552.43$7
Sep 20150042.992.76$0
Aug 20150040.162.87$0
Jul 20150048.152.95$0
Jun 20150556.152.88$14
May 20150055.212.96$0
Apr 20150049.822.71$0
Mar 2015436842.892.93$1,252
Feb 201531,79044.662.98$5,461
Jan 201531,88943.433.10$5,987
Dec 201451,46554.693.59$5,535
Nov 201471,88670.464.25$8,512
Oct 201472,25678.303.90$9,349
Sep 201402,22586.164.05$9,001
Aug 2014372,36689.394.04$12,855
Jul 2014332,19496.564.18$12,357
Jun 201401,12198.164.74$5,310
May 2014121,20094.734.73$6,809
Apr 201401,15695.944.81$5,559
Mar 20141774895.895.06$5,413
Feb 201401,51097.406.19$9,350
Jan 201401,26390.404.86$6,139
Dec 201361,15791.824.35$5,589
Nov 201351,34488.853.74$5,469
Oct 2013151,53497.423.78$7,259
Sep 2013133104.113.72$1,365
Aug 2013425104.253.52$505
Jul 201377102.523.72$744
Jun 20131794.403.93$122
May 20130394.834.15$12
Apr 20135193.964.28$474
Mar 20130093.623.91$0
Feb 20136791.233.42$571
Jan 20135891.603.42$485
Dec 20127686.773.42$628
Nov 20123686.953.62$283
Oct 20129689.383.40$825
Sep 20128194.672.92$760
Aug 201261392.662.91$594
Jul 20125985.133.02$453
Jun 20125679.822.52$414
May 20124791.612.49$384
Apr 201257101.652.00$522
Mar 201226105.052.22$223
Feb 201283101.102.57$817
Jan 201222398.092.73$2,166
Dec 201123696.873.24$2,247
Nov 201102595.723.31$83
Oct 2011182384.983.65$1,614
Sep 20118783.623.99$697
Aug 201161483.404.15$558
Jul 2011211194.144.52$2,027
Jun 201122692.904.64$306
May 20112498.134.40$214
Apr 201111105.964.33$110
Mar 20115196.364.06$486
Feb 20112485.644.18$188
Jan 20115486.504.59$451
Dec 201011785.734.35$973
Nov 201081780.843.80$711
Oct 20103378.103.51$245
Sep 20107172.633.98$512
Aug 201021073.684.42$192
Jul 20102272.554.74$155
Jun 20102270.364.91$151
May 201032771.124.24$2,305
Apr 2010455281.694.12$3,890
Mar 2010826778.394.39$6,722
Feb 2010747373.585.44$5,842
Jan 2010608674.365.96$4,975
Dec 2009809971.445.48$6,258
Nov 20099511074.593.75$7,499
Oct 200913011472.544.11$9,899
Sep 20098010565.543.06$5,565
Aug 2009679567.423.22$4,823
Jul 2009717961.133.46$4,614
Jun 2009445366.163.90$3,117
May 2009324054.743.93$1,909
Apr 2009303346.773.59$1,521
Mar 2009141542.144.06$651
Feb 200961232.814.63$252
Jan 20098035.865.37$287
Dec 20083637.105.98$147
Nov 2008171355.496.86$1,033
Oct 2008544875.246.92$4,395
Sep 20087463101.767.88$8,027
Aug 2008105157114.228.48$13,325
Jul 200804,815131.0811.39$54,840
Jun 200800131.3313.03$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 – May 2008 (7 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.

Jul 2017 — as filed, then multipliedworked
Condensate             0 bbl  × $ 43.87 =         $0
Gas                   14 Mcf  × $  3.09 =        $43

────────────────────────────────────────────────────
Month total                                      $43

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/240811 is the state's own key, not one this site invented.