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 240848District 09Field 65280200CondensateGasSaveExport
Value, all time
$8.5 M
Jun 2007 – May 2026
Value, last 12 filed months
$221 k
at the published price for each month
Months reported
225
3 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
CondensateDisposition12,548 bbl$929,344
GasProduction1,833,100 Mcf$7,551,690
Total$8,481,034

Every month this lease reported (225)

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

225 months

May 2026132,973106.413.05$10,439
Apr 202603,04298.932.87$8,730
Mar 202603,70589.753.15$11,669
Feb 202603,85963.503.75$14,472
Jan 202605,48859.138.00$43,893
Dec 2025115,83156.664.41$26,358
Nov 2025165,77058.593.93$23,593
Oct 202505,65959.383.30$18,702
Sep 202545,53662.743.08$17,285
Aug 202505,11463.933.01$15,417
Jul 202594,47166.743.32$15,423
Jun 202504,92066.483.13$15,393
May 202505,40160.553.23$17,458
Apr 202505,02962.363.54$17,818
Mar 2025235,59467.704.27$25,434
Feb 202505,27870.884.34$22,911
Jan 2025265,58074.324.28$25,807
Dec 202405,56568.993.12$17,370
Nov 2024245,00269.052.20$12,654
Oct 202405,08871.372.28$11,608
Sep 202404,62669.612.36$10,938
Aug 2024264,77775.632.06$11,824
Jul 202404,20079.932.15$9,016
Jun 202404,33678.082.63$11,421
May 202484,42378.812.20$10,354
Apr 202444,09284.451.66$7,127
Mar 202405,10280.301.55$7,883
Feb 202403,72276.091.78$6,639
Jan 2024122,68073.023.30$9,714
Dec 202303,31071.262.61$8,641
Nov 2023154,81577.892.81$14,687
Oct 202305,91185.443.09$18,249
Sep 202305,82489.042.74$15,929
Aug 202305,84780.522.67$15,628
Jul 202365,89074.852.64$16,009
Jun 202395,41868.962.26$12,857
May 2023145,71770.622.23$13,723
Apr 202305,75378.122.24$12,874
Mar 2023246,10272.852.39$16,351
Feb 202305,64375.112.47$13,914
Jan 2023266,16976.533.39$22,889
Dec 202205,83176.415.73$33,406
Nov 2022255,57585.005.65$33,603
Oct 202265,71587.185.86$34,034
Sep 202205,57184.888.16$45,480
Aug 2022265,05394.529.13$48,577
Jul 202204,553101.587.54$34,339
Jun 2022243,703115.097.98$32,302
May 202254,162109.378.43$35,645
Apr 202285,020104.226.84$35,159
Mar 2022235,322108.885.08$29,521
Feb 2022314,61791.054.86$25,256
Jan 202205,37081.844.54$24,367
Dec 2021487,33271.323.90$32,012
Nov 202107,09377.435.24$37,145
Oct 2021197,54979.795.71$44,650
Sep 2021157,60569.865.35$41,742
Aug 202105,41066.024.22$22,833
Jul 2021325,43670.783.98$23,912
Jun 202105,65869.493.38$19,128
May 2021346,00163.483.02$20,267
Apr 202105,78360.362.76$15,952
Mar 202106,03661.302.72$16,399
Feb 2021385,40057.805.55$32,155
Jan 202106,54250.412.81$18,385
Dec 2020436,18244.642.68$18,459
Nov 2020385,90538.772.71$17,456
Oct 202006,15736.972.48$15,260
Sep 202006,08537.091.99$12,115
Aug 2020376,36839.982.39$16,668
Jul 202006,65938.371.83$12,153
Jun 2020356,43134.901.69$12,092
May 2020377,04816.921.81$13,416
Apr 202006,65114.751.80$12,001
Mar 20202810,17930.341.86$19,744
Feb 2020396,81649.881.98$15,446
Jan 2020797,77957.252.09$20,818
Dec 201907,55059.012.30$17,398
Nov 201907,59955.302.75$20,903
Oct 2019737,93253.472.42$23,087
Sep 2019457,90855.052.66$23,491
Aug 2019438,16553.112.30$21,099
Jul 201907,51556.272.46$18,487
Jun 2019397,21452.782.49$20,030
May 2019387,87258.482.74$23,794
Apr 201907,48462.632.75$20,586
Mar 2019417,76156.803.06$26,094
Feb 2019376,61750.852.79$20,358
Jan 2019346,42646.033.23$22,309
Dec 201806,62446.594.19$27,724
Nov 2018316,02752.934.24$27,179
Oct 201806,31861.443.40$21,469
Sep 201805,94359.543.11$18,471
Aug 2018276,16759.403.07$20,515
Jul 2018316,36565.142.93$20,681
Jun 2018306,22460.183.08$20,956
May 201806,61665.382.90$19,192
Apr 2018306,41363.842.90$20,518
Mar 2018306,84561.222.79$20,913
Feb 2018285,76061.782.77$17,663
Jan 2018485,13262.874.01$23,594
Dec 2017255,48757.272.92$17,462
Nov 201705,09155.423.12$15,876
Oct 2017276,63649.292.98$21,131
Sep 2017276,51047.523.09$21,381
Aug 201705,51045.373.00$16,554
Jul 2017496,63543.873.09$22,634
Jun 201705,96742.493.09$18,422
May 2017276,48245.373.26$22,378
Apr 201706,84047.933.21$21,967
Mar 2017386,52146.772.98$21,234
Feb 201703,12950.452.95$9,239
Jan 2017383,88949.413.42$15,173
Dec 201602,95148.763.72$10,986
Nov 2016253,60942.492.64$10,606
Oct 201603,99446.193.09$12,343
Sep 201661,30541.553.10$4,296
Aug 2016034341.442.92$1,003
Jul 20160041.622.92$0
Jun 20160045.352.69$0
May 20160042.521.99$0
Apr 20160036.561.99$0
Mar 201623033.011.79$759
Feb 201626026.472.06$688
Jan 20160027.352.36$0
Dec 201545032.362.00$1,456
Nov 20150038.792.17$0
Oct 20150043.552.43$0
Sep 20150042.992.76$0
Aug 20157047840.162.87$4,184
Jul 201502,88248.152.95$8,488
Jun 2015775,87756.152.88$21,266
May 201509,21255.212.96$27,226
Apr 20151579,04649.822.71$32,305
Mar 2015485,06042.892.93$16,908
Feb 201502,39144.662.98$7,116
Jan 20151103,96743.433.10$17,078
Dec 2014574,18854.693.59$18,158
Nov 2014594,49270.464.25$23,256
Oct 20141074,43578.303.90$25,679
Sep 201405,09286.164.05$20,599
Aug 2014495,23389.394.04$25,496
Jul 2014524,62496.564.18$24,348
Jun 201402,36898.164.74$11,217
May 201403,19794.734.73$15,111
Apr 20143126,84195.944.81$62,832
Mar 201407,92095.895.06$40,050
Feb 20141646,79097.406.19$58,017
Jan 201407,88690.404.86$38,332
Dec 201307,21791.824.35$31,426
Nov 20131846,55588.853.74$40,853
Oct 20131406,35997.423.78$37,672
Sep 2013638,652104.113.72$38,725
Aug 2013579,610104.253.52$39,795
Jul 20137410,250102.523.72$45,693
Jun 2013010,23794.403.93$40,266
May 20132049,06894.834.15$56,969
Apr 20131027,99093.964.28$43,802
Mar 201309,26193.623.91$36,237
Feb 20131179,16491.233.42$42,014
Jan 201310010,62491.603.42$45,493
Dec 201212310,38086.773.42$46,174
Nov 20123211,27486.953.62$43,650
Oct 20124212,15789.383.40$45,084
Sep 20125811,81594.672.92$39,972
Aug 201211512,41292.662.91$46,752
Jul 20125211,44585.133.02$39,000
Jun 20125210,75379.822.52$31,238
May 201215011,12091.612.49$41,412
Apr 20125410,733101.652.00$26,921
Mar 201217311,723105.052.22$44,223
Feb 201212111,503101.102.57$41,799
Jan 201218512,86798.092.73$53,326
Dec 20117513,52296.873.24$51,073
Nov 20117712,31695.723.31$48,152
Oct 20117912,36084.983.65$51,809
Sep 2011112,20083.623.99$48,710
Aug 20111914,69583.404.15$62,559
Jul 20112217,89994.144.52$82,925
Jun 20111517,48892.904.64$82,536
May 201110818,67198.134.40$92,840
Apr 201124115,619105.964.33$93,218
Mar 20116218,69696.364.06$81,830
Feb 20119915,15285.644.18$71,813
Jan 2011711,96286.504.59$55,496
Dec 201016411885.734.35$14,573
Nov 201015919,42280.843.80$86,566
Oct 20105120,00978.103.51$74,192
Sep 201013517,66872.633.98$80,114
Aug 201013621,43273.684.42$104,736
Jul 20101917,64672.554.74$84,959
Jun 20104273170.364.91$6,545
May 201014512,08471.124.24$61,491
Apr 20106716,22381.694.12$72,356
Mar 201013316,25178.394.39$81,746
Feb 201010015,42373.585.44$91,296
Jan 201012817,31174.365.96$112,762
Dec 200916517,33471.445.48$106,843
Nov 20093620,08374.593.75$78,027
Oct 200915922,37072.544.11$103,480
Sep 20098617,33765.543.06$58,770
Aug 200911116,76067.423.22$61,426
Jul 200914417,80261.133.46$70,478
Jun 200915319,20466.163.90$84,922
May 200920423,09554.743.93$101,832
Apr 200933425,47846.773.59$107,024
Mar 200926426,93742.144.06$120,462
Feb 200933123,39732.814.63$119,258
Jan 200933028,26235.865.37$163,629
Dec 200846030,92537.105.98$201,909
Nov 200845233,59355.496.86$255,542
Oct 200866037,12075.246.92$306,602
Sep 200859639,929101.767.88$375,173
Aug 200861866,193114.228.48$632,105
Jul 200800131.0811.39$0
Jun 200800131.3313.03$0
May 200800123.1711.57$0
Apr 200800110.3110.45$0
Mar 200800101.909.66$0
Feb 20080092.538.77$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 – Jan 2008 (3 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            13 bbl  × $106.41 =     $1,383
Gas                2,973 Mcf  × $  3.05 =     $9,055

────────────────────────────────────────────────────
Month total                                  $10,439

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/240848 is the state's own key, not one this site invented.