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 245100District 09Field 65280200CondensateGasSaveExport
Value, all time
$7.3 M
Jun 2007 – May 2026
Value, last 12 filed months
$236 k
at the published price for each month
Months reported
224
4 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
CondensateDisposition7,488 bbl$500,094
GasProduction1,763,257 Mcf$6,818,700
Total$7,318,794

Every month this lease reported (224)

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

224 months

May 2026394,098106.413.05$16,632
Apr 202603,76698.932.87$10,807
Mar 202604,79989.753.15$15,114
Feb 202604,92063.503.75$18,452
Jan 202605,38759.138.00$43,085
Dec 2025135,39756.664.41$24,555
Nov 2025155,21058.593.93$21,336
Oct 202505,35959.383.30$17,711
Sep 202505,03562.743.08$15,492
Aug 202505,27363.933.01$15,897
Jul 2025315,31966.743.32$19,702
Jun 202505,64566.483.13$17,662
May 202505,74760.553.23$18,576
Apr 202505,86162.363.54$20,766
Mar 202505,42467.704.27$23,151
Feb 202505,26070.884.34$22,833
Jan 2025375,76774.324.28$27,425
Dec 202405,69268.993.12$17,767
Nov 202405,32769.052.20$11,711
Oct 202405,58071.372.28$12,730
Sep 202405,32869.612.36$12,597
Aug 2024215,44275.632.06$12,819
Jul 202405,26179.932.15$11,293
Jun 202405,08278.082.63$13,386
May 2024384,89278.812.20$13,750
Apr 202404,67784.451.66$7,760
Mar 202404,80880.301.55$7,429
Feb 202404,66676.091.78$8,322
Jan 2024374,87673.023.30$18,781
Dec 2023384,90771.262.61$15,519
Nov 202304,43277.892.81$12,443
Oct 202305,01385.443.09$15,477
Sep 202304,65889.042.74$12,740
Aug 202304,99980.522.67$13,362
Jul 2023265,07274.852.64$15,345
Jun 202304,13668.962.26$9,341
May 2023164,23670.622.23$10,565
Apr 202304,25678.122.24$9,524
Mar 2023384,43272.852.39$13,375
Feb 202304,51775.112.47$11,137
Jan 202304,98976.533.39$16,901
Dec 2022344,95376.415.73$30,974
Nov 202204,78785.005.65$27,028
Oct 202204,83487.185.86$28,345
Sep 202204,95384.888.16$40,435
Aug 2022345,02094.529.13$49,032
Jul 202204,721101.587.54$35,606
Jun 202204,447115.097.98$35,475
May 202204,452109.378.43$37,544
Apr 2022354,558104.226.84$34,813
Mar 202205,455108.885.08$27,692
Feb 2022395,22591.054.86$28,938
Jan 202205,79581.844.54$26,296
Dec 2021385,89771.323.90$25,703
Nov 202105,69277.435.24$29,808
Oct 202165,53279.795.71$32,088
Sep 202105,07069.865.35$27,129
Aug 202105,39466.024.22$22,766
Jul 202105,43370.783.98$21,635
Jun 202104,93169.493.38$16,670
May 202105,30863.483.02$16,018
Apr 202105,21860.362.76$14,393
Mar 202105,50161.302.72$14,946
Feb 2021285,16057.805.55$30,246
Jan 2021265,71850.412.81$17,380
Dec 202005,79244.642.68$15,496
Nov 2020155,90638.772.71$16,567
Oct 202005,92836.972.48$14,692
Sep 202006,01637.091.99$11,978
Aug 202006,32839.982.39$15,093
Jul 202007,16338.371.83$13,073
Jun 202006,85834.901.69$11,592
May 202006,13016.921.81$11,124
Apr 2020455,10214.751.80$9,870
Mar 202005,56130.341.86$10,323
Feb 2020924,94549.881.98$14,383
Jan 202005,66557.252.09$11,867
Dec 201905,59359.012.30$12,888
Nov 20191215,67855.302.75$22,310
Oct 201905,97053.472.42$14,439
Sep 201905,95455.052.66$15,821
Aug 20191066,09453.112.30$19,672
Jul 201906,44656.272.46$15,858
Jun 201905,90752.782.49$14,716
May 2019886,48858.482.74$22,925
Apr 201906,27062.632.75$17,247
Mar 2019676,63056.803.06$24,107
Feb 201905,86050.852.79$16,362
Jan 20191176,59046.033.23$26,659
Dec 201806,46646.594.19$27,063
Nov 201805,93252.934.24$25,135
Oct 20181156,43661.443.40$28,936
Sep 201806,00059.543.11$18,648
Aug 2018585,98159.403.07$21,786
Jul 201805,60665.142.93$16,436
Jun 2018335,24960.183.08$18,137
May 201805,66365.382.90$16,427
Apr 2018295,83763.842.90$18,783
Mar 2018235,69861.222.79$17,287
Feb 201804,82261.782.77$13,338
Jan 2018464,86562.874.01$22,397
Dec 2017385,42857.272.92$18,034
Nov 201705,44655.423.12$16,983
Oct 201705,49749.292.98$16,401
Sep 201706,02247.523.09$18,592
Aug 201707,27245.373.00$21,848
Jul 2017166,71043.873.09$21,418
Jun 201706,82542.493.09$21,071
May 201708,18945.373.26$26,724
Apr 201727,56147.933.21$24,379
Mar 201708,01146.772.98$23,902
Feb 2017668,38050.452.95$28,072
Jan 2017879,27249.413.42$35,998
Dec 2016579,83348.763.72$39,386
Nov 2016010,48742.492.64$27,731
Oct 20165810,75446.193.09$35,912
Sep 2016010,31841.553.10$31,992
Aug 20169810,52041.442.92$34,825
Jul 201609,99541.622.92$29,229
Jun 2016010,64145.352.69$28,580
May 201622011,85842.521.99$32,964
Apr 2016010,85936.561.99$21,621
Mar 20167611,69333.011.79$23,486
Feb 20166611,33326.472.06$25,134
Jan 20165612,23627.352.36$30,462
Dec 20154112,14532.362.00$25,634
Nov 20153011,57638.792.17$26,253
Oct 2015012,34643.552.43$29,959
Sep 2015297,02642.992.76$20,627
Aug 20153110,70040.162.87$31,981
Jul 2015012,11548.152.95$35,680
Jun 20153914,67756.152.88$44,502
May 20153313,85155.212.96$42,758
Apr 20154211,03549.822.71$31,959
Mar 20154511,25642.892.93$34,963
Feb 201509,92344.662.98$29,533
Jan 20154511,64543.433.10$38,061
Dec 20144112,58754.693.59$47,447
Nov 2014011,62970.464.25$49,445
Oct 20147212,43778.303.90$54,154
Sep 2014012,46386.164.05$50,418
Aug 20149513,75389.394.04$63,987
Jul 2014014,23796.564.18$59,505
Jun 201411413,29098.164.74$74,143
May 201413813,86994.734.73$78,625
Apr 2014014,27695.944.81$68,655
Mar 201420211,89495.895.06$79,515
Feb 2014010,21997.406.19$63,276
Jan 2014475,66190.404.86$31,765
Dec 2013233,54291.824.35$17,535
Nov 2013011,16288.853.74$41,727
Oct 2013205,38397.423.78$22,293
Sep 2013209,064104.113.72$35,780
Aug 2013211,545104.253.52$40,877
Jul 2013210,243102.523.72$38,286
Jun 20132811,63794.403.93$48,416
May 20137710,27694.834.15$49,938
Apr 201338,50993.964.28$36,722
Mar 201339,42893.623.91$37,171
Feb 201301,55791.233.42$5,325
Jan 2013369,93791.603.42$37,281
Dec 2012111,19286.773.42$38,365
Nov 2012110,34786.953.62$37,594
Oct 20124210,72689.383.40$40,219
Sep 2012289,91394.672.92$31,581
Aug 20122812,59792.662.91$39,229
Jul 2012810,66585.133.02$32,898
Jun 201205,92979.822.52$14,935
May 2012322991.612.49$845
Apr 20122715101.652.00$2,775
Mar 201220379105.052.22$2,943
Feb 20122169101.102.57$2,300
Jan 2012265098.092.73$2,687
Dec 2011016696.873.24$538
Nov 2011402,11095.723.31$10,816
Oct 2011210,77184.983.65$39,468
Sep 2011011,55583.623.99$46,056
Aug 2011398,70383.404.15$39,364
Jul 201108,52094.144.52$38,487
Jun 2011446,68592.904.64$35,105
May 2011939,97998.134.40$53,082
Apr 20118910,752105.964.33$56,022
Mar 2011469,80996.364.06$44,231
Feb 2011988,64785.644.18$44,537
Jan 2011112,13086.504.59$55,748
Dec 201019,87385.734.35$43,011
Nov 20106413,00180.843.80$54,517
Oct 20105713,50378.103.51$51,832
Sep 20107510,64772.633.98$47,817
Aug 2010213,98273.684.42$61,939
Jul 20103914,33772.554.74$70,737
Jun 2010213,11870.364.91$64,555
May 20105714,66371.124.24$66,155
Apr 2010111,48181.694.12$47,414
Mar 20107912,28778.394.39$60,116
Feb 20107911,89673.585.44$70,555
Jan 20106812,06174.365.96$76,989
Dec 20097210,51071.445.48$62,778
Nov 20096710,62474.593.75$44,853
Oct 20091429,91172.544.11$51,037
Sep 20096913,43865.543.06$45,706
Aug 20093513,01767.423.22$44,255
Jul 20097414,07661.133.46$53,290
Jun 200910814,90766.163.90$65,208
May 200915017,35454.743.93$76,338
Apr 200914715,99946.773.59$64,272
Mar 200918217,08242.144.06$77,005
Feb 200918614,51332.814.63$73,341
Jan 200922617,29435.865.37$100,990
Dec 200822618,12937.105.98$116,744
Nov 200825017,71655.496.86$135,411
Oct 200825225,46175.246.92$195,201
Sep 200842239,219101.767.88$351,874
Aug 20085726,159114.228.48$228,418
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
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 – Feb 2008 (4 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            39 bbl  × $106.41 =     $4,150
Gas                4,098 Mcf  × $  3.05 =    $12,482

────────────────────────────────────────────────────
Month total                                  $16,632

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/245100 is the state's own key, not one this site invented.