T&P 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 240979District 09Field 65280200CondensateGasSaveExport
Value, all time
$3.3 M
Jun 2007 – May 2026
Value, last 12 filed months
$0
at the published price for each month
Months reported
223
5 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
CondensateDisposition4,857 bbl$406,838
GasProduction553,436 Mcf$2,908,781
Total$3,315,618

Every month this lease reported (223)

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

223 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 20230178.122.24$2
Mar 20231172.852.39$75
Feb 20237075.112.47$526
Jan 202341,64476.533.39$5,876
Dec 202252,12676.415.73$12,562
Nov 202291,58385.005.65$9,703
Oct 2022172,34387.185.86$15,221
Sep 202262,12784.888.16$17,873
Aug 2022402,21994.529.13$24,034
Jul 2022202,190101.587.54$18,549
Jun 2022191,734115.097.98$16,019
May 2022191,601109.378.43$15,579
Apr 2022381,448104.226.84$13,861
Mar 2022191,979108.885.08$12,115
Feb 2022561,56291.054.86$12,688
Jan 2022151,58981.844.54$8,438
Dec 2021261,64271.323.90$8,257
Nov 202102,24477.435.24$11,751
Oct 2021192,48179.795.71$15,692
Sep 202102,08869.865.35$11,173
Aug 202101,91066.024.22$8,061
Jul 202101,96570.783.98$7,825
Jun 202102,00169.493.38$6,765
May 202101,53263.483.02$4,623
Apr 202101,33360.362.76$3,677
Mar 202101,43861.302.72$3,907
Feb 202101,80257.805.55$9,997
Jan 202101,89150.412.81$5,314
Dec 202002,26544.642.68$6,060
Nov 202002,13738.772.71$5,784
Oct 202001,96136.972.48$4,860
Sep 202002,02637.091.99$4,034
Aug 202001,90539.982.39$4,544
Jul 202001,95238.371.83$3,563
Jun 202002,00334.901.69$3,386
May 202002,11116.921.81$3,831
Apr 202001,80514.751.80$3,257
Mar 202002,14130.341.86$3,974
Feb 202001,90849.881.98$3,779
Jan 202012,33157.252.09$4,940
Dec 201902,64959.012.30$6,104
Nov 201902,37955.302.75$6,544
Oct 201902,34353.472.42$5,667
Sep 201902,28255.052.66$6,064
Aug 201902,07053.112.30$4,770
Jul 2019087656.272.46$2,155
Jun 201901,72852.782.49$4,305
May 201901,08458.482.74$2,971
Apr 201901,47762.632.75$4,063
Mar 201901,77856.803.06$5,444
Feb 201901,63550.852.79$4,565
Jan 201901,62846.033.23$5,255
Dec 201801,14046.594.19$4,771
Nov 201801,66752.934.24$7,063
Oct 201801,31861.443.40$4,479
Sep 201801,83459.543.11$5,700
Aug 201802,48259.403.07$7,611
Jul 201802,32865.142.93$6,825
Jun 201802,40660.183.08$7,403
May 201802,23765.382.90$6,489
Apr 201802,30763.842.90$6,692
Mar 201801,95361.222.79$5,443
Feb 201812,13861.782.77$5,976
Jan 201812,30762.874.01$9,312
Dec 201702,61457.272.92$7,637
Nov 201702,61255.423.12$8,145
Oct 201702,59449.292.98$7,740
Sep 201702,16547.523.09$6,684
Aug 2017085245.373.00$2,560
Jul 20170043.873.09$0
Jun 201704942.493.09$151
May 2017013045.373.26$424
Apr 2017011147.933.21$356
Mar 2017024946.772.98$743
Feb 201708150.452.95$239
Jan 20170049.413.42$0
Dec 20160648.763.72$22
Nov 201607342.492.64$193
Oct 201606846.193.09$210
Sep 2016023341.553.10$722
Aug 20160041.442.92$0
Jul 20160041.622.92$0
Jun 20160045.352.69$0
May 201617342.521.99$188
Apr 20160036.561.99$0
Mar 20160033.011.79$0
Feb 20160026.472.06$0
Jan 20160027.352.36$0
Dec 20150032.362.00$0
Nov 20150038.792.17$0
Oct 20150043.552.43$0
Sep 20150042.992.76$0
Aug 20150040.162.87$0
Jul 20150048.152.95$0
Jun 20150056.152.88$0
May 20150055.212.96$0
Apr 20150049.822.71$0
Mar 20150042.892.93$0
Feb 20150044.662.98$0
Jan 20150043.433.10$0
Dec 20140054.693.59$0
Nov 20140070.464.25$0
Oct 20140078.303.90$0
Sep 20140086.164.05$0
Aug 20140089.394.04$0
Jul 20140096.564.18$0
Jun 20140098.164.74$0
May 20140094.734.73$0
Apr 20140095.944.81$0
Mar 20140095.895.06$0
Feb 20140097.406.19$0
Jan 20140090.404.86$0
Dec 20130091.824.35$0
Nov 20130088.853.74$0
Oct 20130097.423.78$0
Sep 201311104.113.72$108
Aug 201333104.253.52$323
Jul 201333102.523.72$319
Jun 20132294.403.93$197
May 20130094.834.15$0
Apr 20130093.964.28$0
Mar 20130093.623.91$0
Feb 20130091.233.42$0
Jan 20132291.603.42$190
Dec 20121186.773.42$90
Nov 20121186.953.62$91
Oct 20120089.383.40$0
Sep 201202,21794.672.92$6,470
Aug 201205,60892.662.91$16,309
Jul 201206,00285.133.02$18,131
Jun 201204,61779.822.52$11,630
May 201204,76391.612.49$11,852
Apr 201205,411101.652.00$10,805
Mar 201204,266105.052.22$9,479
Feb 201204,727101.102.57$12,150
Jan 201204,21698.092.73$11,527
Dec 201102,92396.873.24$9,470
Nov 201108,17895.723.31$27,080
Oct 201107,78684.983.65$28,408
Sep 201107,74583.623.99$30,870
Aug 2011286,59583.404.15$29,700
Jul 20111095,83794.144.52$36,628
Jun 2011986,15092.904.64$37,639
May 20111118,32598.134.40$47,563
Apr 2011316,917105.964.33$33,258
Mar 201108,60196.364.06$34,897
Feb 201108,45585.644.18$35,342
Jan 201107,21686.504.59$33,113
Dec 201004,23785.734.35$18,421
Nov 201006,58480.843.80$24,988
Oct 201007,84478.103.51$27,524
Sep 201002,92972.633.98$11,656
Aug 20106073.684.42$442
Jul 20105330472.554.74$5,285
Jun 2010222,29170.364.91$12,798
May 2010928,25171.124.24$41,488
Apr 2010937,99281.694.12$40,546
Mar 2010568,13178.394.39$40,074
Feb 2010523,22073.585.44$21,351
Jan 2010524074.365.96$4,105
Dec 2009867,14071.445.48$45,298
Nov 20091149,20774.593.75$43,043
Oct 2009999,44872.544.11$46,015
Sep 20091219,89565.543.06$38,256
Aug 200913510,66567.423.22$43,427
Jul 200910911,38861.133.46$46,117
Jun 2009792,39566.163.90$14,555
May 200914011,05354.743.93$51,055
Apr 200923313,80546.773.59$60,423
Mar 200928617,49742.144.06$83,072
Feb 200922114,89432.814.63$76,255
Jan 20092048,00535.865.37$50,310
Dec 20082238,50237.105.98$59,091
Nov 200801,81255.496.86$12,431
Oct 2008462,22975.246.92$18,890
Sep 200819613,816101.767.88$128,775
Aug 200841323,578114.228.48$247,186
Jul 200850827,336131.0811.39$377,930
Jun 200850440,278131.3313.03$591,119
May 200803,127123.1711.57$36,193
Apr 200800110.3110.45$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 – Mar 2008 (5 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.

Apr 2023 — as filed, then multipliedworked
Condensate             0 bbl  × $ 78.12 =         $0
Gas                    1 Mcf  × $  2.24 =         $2

────────────────────────────────────────────────────
Month total                                       $2

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/240979 is the state's own key, not one this site invented.