SHIPLEY 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 242804District 09Field 65280200CondensateGasSaveExport
Value, all time
$6.8 M
Jun 2008 – May 2026
Value, last 12 filed months
$86 k
at the published price for each month
Months reported
216
no gaps in the span
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
CondensateDisposition6,628 bbl$486,500
GasProduction1,536,282 Mcf$6,323,274
Total$6,809,773

Every month this lease reported (216)

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

216 months

May 202604,620106.413.05$14,072
Apr 202604,26198.932.87$12,228
Mar 202604,49689.753.15$14,160
Feb 2026161,60163.503.75$7,020
Jan 20260059.138.00$0
Dec 20250056.664.41$0
Nov 20250058.593.93$0
Oct 2025071059.383.30$2,346
Sep 2025025662.743.08$788
Aug 20251284963.933.01$3,327
Jul 202504,73966.743.32$15,711
Jun 202505,35866.483.13$16,764
May 2025125,46960.553.23$18,404
Apr 202504,87262.363.54$17,262
Mar 202504,62367.704.27$19,732
Feb 202505,17370.884.34$22,455
Jan 2025144,11674.324.28$18,652
Dec 202402,36068.993.12$7,366
Nov 202413069.052.20$898
Oct 202401,18371.372.28$2,699
Sep 202404,75269.612.36$11,235
Aug 202404,16875.632.06$8,601
Jul 202403,60979.932.15$7,747
Jun 202401,80878.082.63$4,762
May 202406,30178.812.20$13,852
Apr 202455,04884.451.66$8,798
Mar 2024135,79980.301.55$10,004
Feb 202405,14376.091.78$9,173
Jan 2024146,25873.023.30$21,659
Dec 202305,65671.262.61$14,766
Nov 202305,91577.892.81$16,607
Oct 202366,23985.443.09$19,774
Sep 202306,37889.042.74$17,444
Aug 202305,71180.522.67$15,265
Jul 2023124,42474.852.64$12,586
Jun 202307,11868.962.26$16,076
May 202307,16770.622.23$15,964
Apr 2023137,08078.122.24$16,859
Mar 202306,87672.852.39$16,455
Feb 202305,53175.112.47$13,638
Jan 2023125,86276.533.39$20,777
Dec 202206,32576.415.73$36,236
Nov 2022127,01785.005.65$40,639
Oct 2022136,82987.185.86$41,177
Sep 202207,21684.888.16$58,909
Aug 202206,86794.529.13$62,676
Jul 2022136,313101.587.54$48,934
Jun 2022135,931115.097.98$48,809
May 202206,002109.378.43$50,615
Apr 2022146,337104.226.84$44,789
Mar 2022146,662108.885.08$35,343
Feb 202206,29491.054.86$30,582
Jan 2022156,30981.844.54$29,856
Dec 2021216,51671.323.90$26,904
Nov 202106,19077.435.24$32,416
Oct 2021476,44279.795.71$40,559
Sep 202106,28169.865.35$33,609
Aug 202105,33366.024.22$22,508
Jul 2021765,08970.783.98$25,644
Jun 202104,74969.493.38$16,055
May 202104,92263.483.02$14,853
Apr 2021435,10260.362.76$16,669
Mar 2021225,66861.302.72$16,748
Feb 2021234,79257.805.55$27,915
Jan 202105,26950.412.81$14,807
Dec 2020135,16944.642.68$14,410
Nov 2020124,21738.772.71$11,879
Oct 202005,63836.972.48$13,973
Sep 2020104,53737.091.99$9,404
Aug 202004,93439.982.39$11,768
Jul 202064,89038.371.83$9,155
Jun 202005,25834.901.69$8,888
May 202035,09616.921.81$9,299
Apr 202004,67014.751.80$8,426
Mar 2020145,16230.341.86$10,007
Feb 2020125,51849.881.98$11,528
Jan 2020345,53157.252.09$13,533
Dec 201905,60759.012.30$12,921
Nov 201905,09855.302.75$14,023
Oct 2019265,50853.472.42$14,712
Sep 201905,34155.052.66$14,193
Aug 201905,37753.112.30$12,391
Jul 2019215,36256.272.46$14,373
Jun 201905,38752.782.49$13,420
May 201905,74258.482.74$15,735
Apr 201904,40562.632.75$12,117
Mar 2019255,00656.803.06$16,749
Feb 201904,63150.852.79$12,931
Jan 2019446,58546.033.23$23,283
Dec 201805,76946.594.19$24,146
Nov 2018135,45252.934.24$23,790
Oct 201894,89061.443.40$17,170
Sep 201804,33259.543.11$13,464
Aug 2018194,83759.403.07$15,962
Jul 201804,90165.142.93$14,369
Jun 2018304,19860.183.08$14,722
May 2018334,85765.382.90$16,247
Apr 201804,72663.842.90$13,709
Mar 2018405,18661.222.79$16,901
Feb 2018414,51861.782.77$15,030
Jan 201805,33462.874.01$21,386
Dec 2017375,24757.272.92$17,448
Nov 2017365,25455.423.12$18,379
Oct 2017345,35949.292.98$17,665
Sep 201705,65347.523.09$17,452
Aug 2017355,27345.373.00$17,430
Jul 201705,89943.873.09$18,212
Jun 201705,03442.493.09$15,541
May 2017245,00145.373.26$17,409
Apr 201704,18547.933.21$13,441
Mar 2017184,25646.772.98$13,540
Feb 201701,45750.452.95$4,302
Jan 201731,42249.413.42$5,010
Dec 201601,93348.763.72$7,196
Nov 201601,81842.492.64$4,807
Oct 20160046.193.09$0
Sep 201603,73041.553.10$11,565
Aug 20160041.442.92$0
Jul 20160041.622.92$0
Jun 20160045.352.69$0
May 20160042.521.99$0
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 20150649.822.71$16
Mar 20151206,05242.892.93$22,908
Feb 2015519,67844.662.98$31,081
Jan 20155510,75643.433.10$35,739
Dec 20144910,50354.693.59$40,400
Nov 20143910,06370.464.25$45,534
Oct 2014369,98478.303.90$41,766
Sep 201409,84686.164.05$39,831
Aug 2014509,92289.394.04$44,506
Jul 20144711,42796.564.18$52,299
Jun 2014011,42798.164.74$54,128
May 20141610,24194.734.73$49,920
Apr 2014011,05295.944.81$53,150
Mar 20144710,94795.895.06$59,864
Feb 201409,74397.406.19$60,329
Jan 2014010,31590.404.86$50,138
Dec 20133410,08491.824.35$47,032
Nov 20131810,77688.853.74$41,883
Oct 20132011,32597.423.78$44,750
Sep 2013811,270104.113.72$42,732
Aug 2013611,209104.253.52$40,110
Jul 2013811,915102.523.72$45,117
Jun 2013210,84494.403.93$42,843
May 2013011,97894.834.15$49,698
Apr 2013410,00793.964.28$43,232
Mar 20130193.623.91$4
Feb 201311291.233.42$1,010
Jan 201381291.603.42$774
Dec 2012183,85986.773.42$14,760
Nov 201288,76886.953.62$32,479
Oct 2012148,98989.383.40$31,811
Sep 2012109,56194.672.92$28,850
Aug 2012149,32792.662.91$28,422
Jul 2012189,75485.133.02$30,997
Jun 2012148,80279.822.52$23,290
May 2012148,78291.612.49$23,135
Apr 2012368,317101.652.00$20,267
Mar 2012258,370105.052.22$21,225
Feb 2012488,162101.102.57$25,831
Jan 2012538,97598.092.73$29,737
Dec 2011519,23196.873.24$34,846
Nov 201109,18695.723.31$30,417
Oct 20117910,49584.983.65$45,005
Sep 2011229,30183.623.99$38,912
Aug 2011279,36083.404.15$41,089
Jul 2011439,70094.144.52$47,865
Jun 2011279,98592.904.64$48,838
May 20114910,85098.134.40$52,601
Apr 20114410,866105.964.33$51,748
Mar 20116611,28696.364.06$52,151
Feb 20114110,24085.644.18$46,314
Jan 20118412,36986.504.59$64,025
Dec 20109512,74985.734.35$63,574
Nov 201012612,50880.843.80$57,658
Oct 201012113,13478.103.51$55,536
Sep 20107512,87772.633.98$56,691
Aug 20108413,42473.684.42$65,515
Jul 20109613,67972.554.74$71,755
Jun 20104413,60370.364.91$69,892
May 201012814,57171.124.24$70,815
Apr 20105214,26981.694.12$63,075
Mar 20108515,16978.394.39$73,235
Feb 20106914,18173.585.44$82,255
Jan 20105316,01974.365.96$99,480
Dec 20097016,69571.445.48$96,552
Nov 20098416,08474.593.75$66,605
Oct 200911816,89072.544.11$77,982
Sep 20098416,70965.543.06$56,714
Aug 20098318,18167.423.22$64,111
Jul 200912318,75961.133.46$72,510
Jun 200914218,86766.163.90$82,882
May 200917421,19854.743.93$92,743
Apr 200924622,86246.773.59$93,523
Mar 200915516,51442.144.06$73,562
Feb 20091207,85732.814.63$40,339
Jan 200914010,30535.865.37$60,369
Dec 2008643,58237.105.98$23,785
Nov 200823924,26055.496.86$179,694
Oct 200844733,02075.246.92$262,196
Sep 200840532,542101.767.88$297,549
Aug 200841238,680114.228.48$375,182
Jul 200800131.0811.39$0
Jun 200800131.3313.03$0

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                4,620 Mcf  × $  3.05 =    $14,072

────────────────────────────────────────────────────
Month total                                  $14,072

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/242804 is the state's own key, not one this site invented.