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 241037District 09Field 65280200CondensateGasSaveExport
Value, all time
$10.0 M
Jun 2007 – May 2026
Value, last 12 filed months
$315 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
CondensateDisposition10,178 bbl$666,862
GasProduction2,375,014 Mcf$9,334,465
Total$10,001,327

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 202616,244106.413.05$19,125
Apr 202606,32998.932.87$18,162
Mar 202606,30189.753.15$19,845
Feb 202606,03363.503.75$22,626
Jan 202606,55359.138.00$52,410
Dec 202577,24556.664.41$32,371
Nov 2025186,96858.593.93$28,414
Oct 202507,01959.383.30$23,197
Sep 2025336,82962.743.08$23,083
Aug 202507,11463.933.01$21,447
Jul 20251177,56566.743.32$32,888
Jun 202506,84466.483.13$21,413
May 202506,73560.553.23$21,770
Apr 202506,63362.363.54$23,502
Mar 2025237,32167.704.27$32,805
Feb 202506,25470.884.34$27,148
Jan 2025236,61674.324.28$30,017
Dec 202407,26268.993.12$22,667
Nov 2024166,73469.052.20$15,909
Oct 202406,93471.372.28$15,819
Sep 202407,74069.612.36$18,300
Aug 2024237,12975.632.06$16,451
Jul 202406,81579.932.15$14,629
Jun 202406,33178.082.63$16,676
May 2024455,88478.812.20$16,482
Apr 2024175,96784.451.66$11,336
Mar 202405,90580.301.55$9,124
Feb 202404,94876.091.78$8,825
Jan 2024325,81573.023.30$21,513
Dec 202306,26571.262.61$16,356
Nov 2023257,30677.892.81$22,459
Oct 202307,94585.443.09$24,528
Sep 202307,05489.042.74$19,293
Aug 202307,52680.522.67$20,116
Jul 2023128,01674.852.64$22,075
Jun 2023147,18468.962.26$17,190
May 2023105,98670.622.23$14,039
Apr 202308,11678.122.24$18,162
Mar 202388,25672.852.39$20,341
Feb 202308,01375.112.47$19,757
Jan 202306,11276.533.39$20,706
Dec 202205,98176.415.73$34,266
Nov 202236,14285.005.65$34,934
Oct 202216,36687.185.86$37,416
Sep 202206,19084.888.16$50,533
Aug 2022386,37694.529.13$61,787
Jul 202206,457101.587.54$48,699
Jun 2022346,187115.097.98$53,268
May 202256,098109.378.43$51,972
Apr 202285,848104.226.84$40,820
Mar 2022236,332108.885.08$34,648
Feb 2022265,54391.054.86$29,300
Jan 202205,36481.844.54$24,340
Dec 2021216,17371.323.90$25,567
Nov 202106,26677.435.24$32,814
Oct 2021166,20979.795.71$36,754
Sep 2021205,44269.865.35$30,517
Aug 202106,76766.024.22$28,561
Jul 2021346,60470.783.98$28,704
Jun 202106,77569.493.38$22,904
May 2021406,96163.483.02$23,545
Apr 202106,73660.362.76$18,581
Mar 202106,74961.302.72$18,337
Feb 2021415,86757.805.55$34,920
Jan 202106,47250.412.81$18,188
Dec 2020416,33944.642.68$18,790
Nov 2020416,39638.772.71$18,901
Oct 202006,90836.972.48$17,121
Sep 202006,54737.091.99$13,035
Aug 2020417,05839.982.39$18,473
Jul 202007,22838.371.83$13,192
Jun 2020397,13534.901.69$13,421
May 2020397,46116.921.81$14,200
Apr 202006,59314.751.80$11,896
Mar 2020269,43730.341.86$18,306
Feb 2020386,65249.881.98$15,071
Jan 2020777,66457.252.09$20,462
Dec 201907,17559.012.30$16,534
Nov 201906,94755.302.75$19,109
Oct 2019697,02953.472.42$20,689
Sep 2019407,03655.052.66$20,899
Aug 2019397,45353.112.30$19,246
Jul 201907,53856.272.46$18,544
Jun 2019407,23752.782.49$20,140
May 2019387,92258.482.74$23,931
Apr 201907,51462.632.75$20,669
Mar 2019417,60256.803.06$25,607
Feb 2019386,76650.852.79$20,824
Jan 2019387,34046.033.23$25,444
Dec 201807,46646.594.19$31,249
Nov 2018377,07352.934.24$31,928
Oct 201806,94061.443.40$23,583
Sep 201806,52759.543.11$20,286
Aug 2018295,88959.403.07$19,782
Jul 2018285,91665.142.93$19,169
Jun 2018285,82860.183.08$19,617
May 201806,28965.382.90$18,243
Apr 2018286,01163.842.90$19,224
Mar 2018276,19061.222.79$18,903
Feb 2018316,40761.782.77$19,638
Jan 2018576,16062.874.01$28,281
Dec 2017286,21057.272.92$19,746
Nov 201705,75255.423.12$17,937
Oct 2017306,10849.292.98$19,703
Sep 2017296,37347.523.09$21,053
Aug 201703,00545.373.00$9,028
Jul 2017827,36643.873.09$26,338
Jun 201707,66542.493.09$23,664
May 2017478,24045.373.26$29,023
Apr 201708,10647.933.21$26,033
Mar 201708,71746.772.98$26,009
Feb 201709,42850.452.95$27,837
Jan 20174710,85849.413.42$39,444
Dec 2016010,10048.763.72$37,601
Nov 20167410,65542.492.64$31,320
Oct 2016010,22246.193.09$31,589
Sep 20165610,65041.553.10$35,349
Aug 2016012,68941.442.92$37,107
Jul 2016012,03641.622.92$35,197
Jun 2016011,02045.352.69$29,598
May 2016559,71842.521.99$21,688
Apr 201609,94136.561.99$19,793
Mar 201611310,62133.011.79$22,784
Feb 2016969,98726.472.06$23,151
Jan 2016010,44927.352.36$24,705
Dec 20158010,19432.362.00$22,991
Nov 2015010,12938.792.17$21,953
Oct 201509,99543.552.43$24,254
Sep 2015011,96042.992.76$32,991
Aug 20156411,40140.162.87$35,320
Jul 2015011,13248.152.95$32,785
Jun 20156112,96356.152.88$40,796
May 2015012,78555.212.96$37,785
Apr 201521413,70749.822.71$47,760
Mar 20158214,01842.892.93$44,656
Feb 2015012,70644.662.98$37,815
Jan 201515513,87643.433.10$49,756
Dec 20147112,44454.693.59$48,574
Nov 20147312,33070.464.25$57,569
Oct 201415014,58878.303.90$68,652
Sep 2014014,17686.164.05$57,348
Aug 20147812,64689.394.04$58,001
Jul 20147013,27596.564.18$62,243
Jun 2014012,68598.164.74$60,087
May 2014010,47694.734.73$49,515
Apr 20149811,14395.944.81$62,990
Mar 2014011,40795.895.06$57,683
Feb 2014118,67497.406.19$54,781
Jan 201407,93090.404.86$38,546
Dec 2013063591.824.35$2,765
Nov 2013302,10088.853.74$10,516
Oct 201388,77997.423.78$33,958
Sep 201358,284104.113.72$31,318
Aug 201328,778104.253.52$31,130
Jul 201339,481102.523.72$35,555
Jun 201328,30294.403.93$32,844
May 201328,83994.834.15$36,863
Apr 201328,89393.964.28$38,273
Mar 201329,38693.623.91$36,913
Feb 2013010,08591.233.42$34,490
Jan 2013412,83891.603.42$44,271
Dec 2012212,19786.773.42$41,889
Nov 2012111,71986.953.62$42,568
Oct 2012011,13289.383.40$37,845
Sep 2012011,19594.672.92$32,671
Aug 2012013,60692.662.91$39,568
Jul 2012116,66285.133.02$50,418
Jun 2012014,79379.822.52$37,264
May 2012114,05691.612.49$35,067
Apr 2012013,573101.652.00$27,103
Mar 2012014,895105.052.22$33,098
Feb 2012114,568101.102.57$37,544
Jan 2012214,69998.092.73$40,384
Dec 201124,57896.873.24$15,025
Nov 20111614,93595.723.31$50,985
Oct 20111410,79584.983.65$40,576
Sep 20110883.623.99$32
Aug 201110014,79383.404.15$69,721
Jul 20118519,24194.144.52$94,918
Jun 20111619,48292.904.64$91,881
May 20112420,13698.134.40$91,051
Apr 20118120,292105.964.33$96,514
Mar 20115825,00196.364.06$107,026
Feb 201117321,00785.644.18$102,625
Jan 20115324,78286.504.59$118,304
Dec 201019923,06685.734.35$117,345
Nov 201014422,49180.843.80$97,002
Oct 20102923,76178.103.51$85,640
Sep 20102123,65772.633.98$95,668
Aug 20103625,90173.684.42$117,118
Jul 20101222,25372.554.74$106,272
Jun 2010320,79670.364.91$102,328
May 201011121,34471.124.24$98,291
Apr 20106521,87681.694.12$95,498
Mar 201012721,31178.394.39$103,482
Feb 201010918,56573.585.44$109,058
Jan 201014423,20374.365.96$149,093
Dec 200917922,14671.445.48$134,231
Nov 20093819,34674.593.75$75,411
Oct 200916223,30972.544.11$107,557
Sep 20099619,00165.543.06$64,525
Aug 200912820,05367.423.22$73,170
Jul 200915820,74461.133.46$81,526
Jun 200915920,68666.163.90$91,091
May 200919424,99954.743.93$108,759
Apr 200929623,84546.773.59$99,388
Mar 200925326,44942.144.06$118,018
Feb 200933126,71032.814.63$134,608
Jan 200934030,51435.865.37$176,083
Dec 200848032,38837.105.98$211,396
Nov 200843131,97855.496.86$243,297
Oct 200870838,69975.246.92$321,144
Sep 200863151,470101.767.88$469,644
Aug 200835637,928114.228.48$362,406
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             1 bbl  × $106.41 =       $106
Gas                6,244 Mcf  × $  3.05 =    $19,018

────────────────────────────────────────────────────
Month total                                  $19,125

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/241037 is the state's own key, not one this site invented.