SATCHMO 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 245224District 09Field 65280200CondensateGasSaveExport
Value, all time
$4.5 M
Oct 2008 – May 2026
Value, last 12 filed months
$84 k
at the published price for each month
Months reported
212
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
CondensateDisposition80 bbl$4,568
GasProduction1,228,119 Mcf$4,481,085
Total$4,485,654

Every month this lease reported (212)

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

212 months

May 202602,838106.413.05$8,644
Apr 202602,29598.932.87$6,586
Mar 202601,62889.753.15$5,127
Feb 2026046863.503.75$1,755
Jan 2026041459.138.00$3,311
Dec 2025072056.664.41$3,178
Nov 202501,61658.593.93$6,345
Oct 202503,30159.383.30$10,909
Sep 202502,71862.743.08$8,363
Aug 202503,04963.933.01$9,192
Jul 202503,14166.743.32$10,413
Jun 202503,34766.483.13$10,472
May 202502,86360.553.23$9,254
Apr 202503,42162.363.54$12,121
Mar 202502,82067.704.27$12,037
Feb 202501,69070.884.34$7,336
Jan 202502,36974.324.28$10,136
Dec 202401,97768.993.12$6,171
Nov 202401,88669.052.20$4,146
Oct 202402,95871.372.28$6,748
Sep 202401,75969.612.36$4,159
Aug 202402,92475.632.06$6,034
Jul 202403,21479.932.15$6,899
Jun 202402,76478.082.63$7,280
May 202403,14878.812.20$6,921
Apr 202401,90984.451.66$3,167
Mar 202402,93480.301.55$4,533
Feb 202402,48976.091.78$4,439
Jan 202403,16673.023.30$10,440
Dec 202303,02571.262.61$7,897
Nov 202303,77377.892.81$10,593
Oct 202302,67385.443.09$8,252
Sep 202302,72789.042.74$7,458
Aug 202302,11780.522.67$5,658
Jul 202302,19274.852.64$5,791
Jun 202302,94368.962.26$6,647
May 202302,17070.622.23$4,833
Apr 202302,43078.122.24$5,438
Mar 202302,70972.852.39$6,483
Feb 202302,32875.112.47$5,740
Jan 202302,43776.533.39$8,256
Dec 202202,88576.415.73$16,528
Nov 202202,58785.005.65$14,607
Oct 202202,46487.185.86$14,448
Sep 202202,60184.888.16$21,234
Aug 202203,33994.529.13$30,476
Jul 202204,146101.587.54$31,269
Jun 202206,147115.097.98$49,036
May 202205,807109.378.43$48,971
Apr 202206,041104.226.84$41,306
Mar 202206,319108.885.08$32,078
Feb 202205,31291.054.86$25,810
Jan 202206,47981.844.54$29,400
Dec 202106,36171.323.90$24,802
Nov 202106,13677.435.24$32,133
Oct 202106,05579.795.71$34,597
Sep 202106,56769.865.35$35,139
Aug 202107,08066.024.22$29,882
Jul 202107,58570.783.98$30,204
Jun 202106,04369.493.38$20,429
May 202107,44363.483.02$22,461
Apr 202107,37860.362.76$20,352
Mar 202107,99961.302.72$21,733
Feb 202103,54157.805.55$19,645
Jan 202107,42350.412.81$20,861
Dec 202007,65144.642.68$20,470
Nov 202006,85338.772.71$18,548
Oct 202007,66436.972.48$18,995
Sep 202007,65937.091.99$15,249
Aug 202008,88939.982.39$21,201
Jul 202008,59138.371.83$15,680
Jun 202006,64734.901.69$11,235
May 202004,94916.921.81$8,981
Apr 202003,04114.751.80$5,487
Mar 202002,97530.341.86$5,522
Feb 202003,27849.881.98$6,493
Jan 202003,48357.252.09$7,296
Dec 201903,80059.012.30$8,757
Nov 201903,46755.302.75$9,537
Oct 201903,27453.472.42$7,918
Sep 201903,30555.052.66$8,782
Aug 201903,74453.112.30$8,628
Jul 201904,14956.272.46$10,207
Jun 201903,33952.782.49$8,318
May 201903,80058.482.74$10,413
Apr 201903,98062.632.75$10,948
Mar 201904,32856.803.06$13,253
Feb 201903,86450.852.79$10,789
Jan 201904,53346.033.23$14,633
Dec 201804,65346.594.19$19,475
Nov 201804,00652.934.24$16,974
Oct 201804,40461.443.40$14,965
Sep 201804,06559.543.11$12,634
Aug 201803,44459.403.07$10,561
Jul 201803,05965.142.93$8,969
Jun 201803,81560.183.08$11,738
May 201803,97765.382.90$11,536
Apr 201803,86863.842.90$11,220
Mar 201804,21461.222.79$11,744
Feb 2018673,94961.782.77$15,063
Jan 201804,36662.874.01$17,505
Dec 201704,58257.272.92$13,386
Nov 201704,48655.423.12$13,989
Oct 201704,47749.292.98$13,358
Sep 201706,10847.523.09$18,857
Aug 201706,04145.373.00$18,150
Jul 201706,36843.873.09$19,660
Jun 201707,06242.493.09$21,802
May 201707,94545.373.26$25,928
Apr 201707,33947.933.21$23,570
Mar 201706,95846.772.98$20,760
Feb 201706,14550.452.95$18,144
Jan 201707,70849.413.42$26,352
Dec 201607,69848.763.72$28,658
Nov 201607,79942.492.64$20,623
Oct 201607,78346.193.09$24,051
Sep 201607,15741.553.10$22,191
Aug 201609,99141.442.92$29,217
Jul 201609,23841.622.92$27,015
Jun 201609,19945.352.69$24,707
May 201605,79942.521.99$11,546
Apr 201606,42636.561.99$12,794
Mar 2016136,73933.011.79$12,519
Feb 201605,92226.472.06$12,221
Jan 201606,56127.352.36$15,513
Dec 201506,13632.362.00$12,281
Nov 201504,41738.792.17$9,573
Oct 201506,09543.552.43$14,790
Sep 201506,13442.992.76$16,920
Aug 201506,78340.162.87$19,484
Jul 201506,20548.152.95$18,274
Jun 201506,87656.152.88$19,823
May 201509,46955.212.96$27,985
Apr 201507,57649.822.71$20,505
Mar 2015011,66542.892.93$34,233
Feb 201509,22144.662.98$27,443
Jan 2015010,53743.433.10$32,671
Dec 2014011,21754.693.59$40,284
Nov 2014012,78170.464.25$54,343
Oct 2014010,96478.303.90$42,770
Sep 2014010,92386.164.05$44,188
Aug 2014010,11789.394.04$40,823
Jul 2014012,03096.564.18$50,281
Jun 201407,57398.164.74$35,872
May 201403,57894.734.73$16,912
Apr 201406,43395.944.81$30,937
Mar 201406,22695.895.06$31,484
Feb 201405,21797.406.19$32,304
Jan 201405,00390.404.86$24,318
Dec 201309,85491.824.35$42,909
Nov 201308,42688.853.74$31,499
Oct 201309,49297.423.78$35,874
Sep 201309,150104.113.72$34,017
Aug 201309,068104.253.52$31,943
Jul 201301,741102.523.72$6,473
Jun 20130094.403.93$0
May 20130094.834.15$0
Apr 20130093.964.28$0
Mar 20130093.623.91$0
Feb 20130091.233.42$0
Jan 20130091.603.42$0
Dec 20120086.773.42$0
Nov 2012033086.953.62$1,196
Oct 2012024589.383.40$833
Sep 20120094.672.92$0
Aug 20120092.662.91$0
Jul 201205,55185.133.02$16,768
Jun 201209,29579.822.52$23,414
May 201208,48791.612.49$21,118
Apr 201206,566101.652.00$13,111
Mar 201206,581105.052.22$14,624
Feb 201205,830101.102.57$14,985
Jan 201207,33198.092.73$20,044
Dec 201107,09896.873.24$22,996
Nov 201108,22995.723.31$27,249
Oct 201107,00084.983.65$25,540
Sep 201106,95483.623.99$27,717
Aug 201106,76583.404.15$28,070
Jul 201106,71594.144.52$30,333
Jun 201107,15292.904.64$33,184
May 201108,09898.134.40$35,670
Apr 201107,467105.964.33$32,357
Mar 201108,22796.364.06$33,380
Feb 201109,33685.644.18$39,024
Jan 201107,95786.504.59$36,513
Dec 201008,21985.734.35$35,734
Nov 201005,90980.843.80$22,427
Oct 201008,42278.103.51$29,552
Sep 201008,42872.633.98$33,539
Aug 201009,01073.684.42$39,818
Jul 201008,35672.554.74$39,578
Jun 201007,27270.364.91$35,708
May 201008,84271.124.24$37,448
Apr 201009,49481.694.12$39,141
Mar 2010010,13878.394.39$44,492
Feb 201009,51573.585.44$51,784
Jan 2010010,53574.365.96$62,832
Dec 200909,90271.445.48$54,300
Nov 2009011,54774.593.75$43,319
Oct 2009012,52272.544.11$51,469
Sep 2009013,71765.543.06$42,039
Aug 2009014,62467.423.22$47,067
Jul 2009014,46661.133.46$50,117
Jun 2009012,17566.163.90$47,422
May 200908,85654.743.93$34,766
Apr 200909,99946.773.59$35,871
Mar 2009012,70242.144.06$51,557
Feb 2009012,48232.814.63$57,829
Jan 2009020,95835.865.37$112,565
Dec 2008020,04837.105.98$119,830
Nov 200802,15855.496.86$14,805
Oct 20080075.246.92$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                2,838 Mcf  × $  3.05 =     $8,644

────────────────────────────────────────────────────
Month total                                   $8,644

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/245224 is the state's own key, not one this site invented.