CORDELL

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 245261District 09Field 65280200GasSaveExport
Value, all time
$4.6 M
Jul 2008 – May 2026
Value, last 12 filed months
$88 k
at the published price for each month
Months reported
215
no gaps in the span
Streams
1
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
GasProduction1,106,407 Mcf$4,556,973
Total$4,556,973

Every month this lease reported (215)

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

215 months

May 20263,726106.413.05$11,349
Apr 20261,03598.932.87$2,970
Mar 2026689.753.15$19
Feb 20261,48363.503.75$5,562
Jan 20262,09059.138.00$16,716
Dec 20252,13956.664.41$9,440
Nov 20252,09458.593.93$8,222
Oct 20252,17159.383.30$7,175
Sep 20252,03462.743.08$6,258
Aug 20252,14463.933.01$6,464
Jul 20252,20466.743.32$7,307
Jun 20252,12966.483.13$6,661
May 20252,20160.553.23$7,114
Apr 20252,09062.363.54$7,405
Mar 20252,19367.704.27$9,360
Feb 20251,95570.884.34$8,486
Jan 20252,15474.324.28$9,216
Dec 20242,27168.993.12$7,089
Nov 20242,16669.052.20$4,762
Oct 20242,25971.372.28$5,154
Sep 20242,24869.612.36$5,315
Aug 20242,36575.632.06$4,880
Jul 20242,31379.932.15$4,965
Jun 20242,32578.082.63$6,124
May 20242,42278.812.20$5,325
Apr 20242,43784.451.66$4,043
Mar 20242,48980.301.55$3,846
Feb 20242,31576.091.78$4,129
Jan 20242,09073.023.30$6,892
Dec 20232,20671.262.61$5,759
Nov 20232,19477.892.81$6,160
Oct 20232,23085.443.09$6,885
Sep 20232,18489.042.74$5,973
Aug 20232,27980.522.67$6,091
Jul 20232,30874.852.64$6,097
Jun 20232,24168.962.26$5,061
May 20232,34570.622.23$5,223
Apr 20232,26578.122.24$5,069
Mar 20232,22172.852.39$5,315
Feb 20232,18275.112.47$5,380
Jan 20232,39776.533.39$8,120
Dec 20222,48176.415.73$14,214
Nov 20222,41585.005.65$13,636
Oct 20222,42187.185.86$14,196
Sep 20222,32684.888.16$18,989
Aug 20222,52294.529.13$23,019
Jul 20222,579101.587.54$19,451
Jun 20222,558115.097.98$20,406
May 20222,328109.378.43$19,632
Apr 20222,286104.226.84$15,631
Mar 20223,052108.885.08$15,493
Feb 20222,26391.054.86$10,996
Jan 20222,44981.844.54$11,113
Dec 20212,58371.323.90$10,071
Nov 20212,26777.435.24$11,872
Oct 20212,54879.795.71$14,559
Sep 20212,58169.865.35$13,811
Aug 20212,59866.024.22$10,965
Jul 20212,59570.783.98$10,334
Jun 20212,35969.493.38$7,975
May 20212,42663.483.02$7,321
Apr 20212,44560.362.76$6,744
Mar 20212,80061.302.72$7,607
Feb 20211,98157.805.55$10,990
Jan 20212,61950.412.81$7,360
Dec 20202,59444.642.68$6,940
Nov 20202,53438.772.71$6,858
Oct 20202,65336.972.48$6,575
Sep 20202,11637.091.99$4,213
Aug 20202,61039.982.39$6,225
Jul 20202,53438.371.83$4,625
Jun 20202,69634.901.69$4,557
May 20202,78516.921.81$5,054
Apr 20202,62614.751.80$4,738
Mar 20202,66530.341.86$4,947
Feb 20202,63449.881.98$5,217
Jan 20202,79857.252.09$5,861
Dec 20192,88959.012.30$6,657
Nov 20192,85055.302.75$7,839
Oct 20192,93353.472.42$7,094
Sep 20192,51355.052.66$6,678
Aug 20192,82553.112.30$6,510
Jul 20192,88856.272.46$7,105
Jun 20193,01452.782.49$7,508
May 20193,11158.482.74$8,525
Apr 20193,04862.632.75$8,384
Mar 20193,18056.803.06$9,737
Feb 20192,87050.852.79$8,014
Jan 20193,29646.033.23$10,640
Dec 20183,33346.594.19$13,950
Nov 20183,19352.934.24$13,530
Oct 20183,26061.443.40$11,078
Sep 20183,24959.543.11$10,098
Aug 20183,31559.403.07$10,166
Jul 20183,31865.142.93$9,728
Jun 20183,30260.183.08$10,160
May 20183,41265.382.90$9,898
Apr 20183,48163.842.90$10,098
Mar 20183,28761.222.79$9,160
Feb 20182,89061.782.77$7,994
Jan 20183,40762.874.01$13,660
Dec 20173,51157.272.92$10,257
Nov 20173,38055.423.12$10,540
Oct 20173,44649.292.98$10,282
Sep 20173,42747.523.09$10,580
Aug 20174,03145.373.00$12,111
Jul 20174,02943.873.09$12,439
Jun 20173,49042.493.09$10,775
May 20173,65445.373.26$11,924
Apr 20173,25047.933.21$10,438
Mar 20173,68846.772.98$11,004
Feb 20173,05050.452.95$9,005
Jan 20173,74749.413.42$12,810
Dec 20163,88348.763.72$14,456
Nov 20163,77542.492.64$9,982
Oct 20163,86946.193.09$11,956
Sep 20163,79841.553.10$11,776
Aug 20164,10841.442.92$12,013
Jul 20164,76741.622.92$13,940
Jun 20164,58145.352.69$12,304
May 20164,27442.521.99$8,510
Apr 20164,57736.561.99$9,113
Mar 20164,53633.011.79$8,138
Feb 20164,47226.472.06$9,229
Jan 20164,73927.352.36$11,205
Dec 20155,06032.362.00$10,127
Nov 20154,65638.792.17$10,091
Oct 20154,27843.552.43$10,381
Sep 20153,68242.992.76$10,157
Aug 20154,22740.162.87$12,142
Jul 20154,50348.152.95$13,262
Jun 20154,49756.152.88$12,964
May 20154,68955.212.96$13,858
Apr 20154,59949.822.71$12,448
Mar 20154,41342.892.93$12,951
Feb 20153,84344.662.98$11,438
Jan 20154,47543.433.10$13,875
Dec 20144,60654.693.59$16,542
Nov 20144,73670.464.25$20,137
Oct 20145,04578.303.90$19,680
Sep 20144,96986.164.05$20,102
Aug 20145,45889.394.04$22,024
Jul 20145,46696.564.18$22,846
Jun 20145,31698.164.74$25,181
May 20145,42494.734.73$25,637
Apr 20145,49695.944.81$26,431
Mar 20145,57995.895.06$28,212
Feb 20144,84397.406.19$29,988
Jan 20145,27890.404.86$25,655
Dec 20135,28091.824.35$22,992
Nov 20135,46588.853.74$20,430
Oct 20135,66697.423.78$21,414
Sep 20135,248104.113.72$19,511
Aug 20135,456104.253.52$19,219
Jul 20135,804102.523.72$21,578
Jun 20135,61894.403.93$22,098
May 20135,99694.834.15$24,878
Apr 20135,95393.964.28$25,494
Mar 20135,99193.623.91$23,442
Feb 20135,20091.233.42$17,784
Jan 20135,54391.603.42$18,957
Dec 20125,84286.773.42$19,981
Nov 20126,15386.953.62$22,304
Oct 20125,45789.383.40$18,552
Sep 20126,00494.672.92$17,522
Aug 20126,82592.662.91$19,848
Jul 20126,46385.133.02$19,523
Jun 20125,84179.822.52$14,714
May 20124,89491.612.49$12,178
Apr 20126,140101.652.00$12,260
Mar 20127,022105.052.22$15,603
Feb 20126,818101.102.57$17,524
Jan 20127,30698.092.73$19,975
Dec 20117,42596.873.24$24,055
Nov 20117,07895.723.31$23,437
Oct 20117,81384.983.65$28,506
Sep 20117,57983.623.99$30,208
Aug 20117,52783.404.15$31,232
Jul 20118,06294.144.52$36,418
Jun 20117,32192.904.64$33,969
May 20118,41898.134.40$37,080
Apr 20118,602105.964.33$37,275
Mar 20119,01796.364.06$36,585
Feb 20118,10485.644.18$33,875
Jan 20119,22786.504.59$42,341
Dec 20109,42185.734.35$40,960
Nov 20108,90680.843.80$33,801
Oct 20109,65478.103.51$33,875
Sep 20109,63472.633.98$38,338
Aug 20109,90373.684.42$43,765
Jul 201010,11972.554.74$47,929
Jun 201010,31270.364.91$50,636
May 201011,03071.124.24$46,714
Apr 201010,18681.694.12$41,994
Mar 201010,47978.394.39$45,989
Feb 201010,39873.585.44$56,590
Jan 201012,47674.365.96$74,408
Dec 200913,78571.445.48$75,593
Nov 200910,83774.593.75$40,655
Oct 200912,26972.544.11$50,429
Sep 20097,57365.543.06$23,209
Aug 200912,90867.423.22$41,544
Jul 200913,35761.133.46$46,275
Jun 200913,22966.163.90$51,527
May 200914,92954.743.93$58,608
Apr 200915,43246.773.59$55,362
Mar 200917,29442.144.06$70,196
Feb 200917,17232.814.63$79,558
Jan 200921,44935.865.37$115,203
Dec 200814,63137.105.98$87,452
Nov 200815,34555.496.86$105,272
Oct 200818,97075.246.92$131,310
Sep 200822,869101.767.88$180,141
Aug 200831,821114.228.48$269,938
Jul 20088,450131.0811.39$96,241

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
Gas                3,726 Mcf  × $  3.05 =    $11,349

────────────────────────────────────────────────────
Month total                                  $11,349

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/245261 is the state's own key, not one this site invented.