PAXTON

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 246335District 09Field 65280200GasSaveExport
Value, all time
$3.6 M
Jun 2008 – May 2026
Value, last 12 filed months
$0
at the published price for each month
Months reported
216
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
GasProduction853,380 Mcf$3,626,498
Total$3,626,498

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 20260106.413.05$0
Apr 2026098.932.87$0
Mar 2026089.753.15$0
Feb 2026063.503.75$0
Jan 2026059.138.00$0
Dec 2025056.664.41$0
Nov 2025058.593.93$0
Oct 2025059.383.30$0
Sep 2025062.743.08$0
Aug 2025063.933.01$0
Jul 2025066.743.32$0
Jun 2025066.483.13$0
May 2025060.553.23$0
Apr 2025062.363.54$0
Mar 2025067.704.27$0
Feb 2025070.884.34$0
Jan 2025074.324.28$0
Dec 2024068.993.12$0
Nov 2024069.052.20$0
Oct 2024071.372.28$0
Sep 2024069.612.36$0
Aug 2024075.632.06$0
Jul 2024079.932.15$0
Jun 2024078.082.63$0
May 2024078.812.20$0
Apr 2024084.451.66$0
Mar 2024080.301.55$0
Feb 2024076.091.78$0
Jan 2024073.023.30$0
Dec 2023071.262.61$0
Nov 2023077.892.81$0
Oct 2023085.443.09$0
Sep 2023089.042.74$0
Aug 2023080.522.67$0
Jul 2023074.852.64$0
Jun 2023068.962.26$0
May 2023070.622.23$0
Apr 2023078.122.24$0
Mar 2023072.852.39$0
Feb 2023075.112.47$0
Jan 2023076.533.39$0
Dec 2022076.415.73$0
Nov 2022085.005.65$0
Oct 2022087.185.86$0
Sep 2022084.888.16$0
Aug 2022094.529.13$0
Jul 20220101.587.54$0
Jun 20220115.097.98$0
May 20220109.378.43$0
Apr 20220104.226.84$0
Mar 20220108.885.08$0
Feb 2022091.054.86$0
Jan 2022081.844.54$0
Dec 2021071.323.90$0
Nov 2021077.435.24$0
Oct 2021079.795.71$0
Sep 2021069.865.35$0
Aug 2021066.024.22$0
Jul 2021070.783.98$0
Jun 2021069.493.38$0
May 2021063.483.02$0
Apr 2021060.362.76$0
Mar 20213461.302.72$92
Feb 2021057.805.55$0
Jan 20211950.412.81$53
Dec 2020044.642.68$0
Nov 20203938.772.71$106
Oct 20203736.972.48$92
Sep 2020037.091.99$0
Aug 20202939.982.39$69
Jul 20202938.371.83$53
Jun 202066634.901.69$1,126
May 20202,33916.921.81$4,245
Apr 20202,34914.751.80$4,238
Mar 20202,48230.341.86$4,607
Feb 20202,27949.881.98$4,514
Jan 20202,36157.252.09$4,946
Dec 20192,27059.012.30$5,231
Nov 20192,34555.302.75$6,450
Oct 20192,33353.472.42$5,642
Sep 20192,36555.052.66$6,284
Aug 20192,45853.112.30$5,664
Jul 20192,48856.272.46$6,121
Jun 20192,37752.782.49$5,922
May 20192,50858.482.74$6,873
Apr 20192,42262.632.75$6,662
Mar 20192,60756.803.06$7,983
Feb 20192,29150.852.79$6,397
Jan 20192,55546.033.23$8,248
Dec 20182,65746.594.19$11,121
Nov 20182,64452.934.24$11,203
Oct 20182,85661.443.40$9,705
Sep 20182,68759.543.11$8,351
Aug 20182,88459.403.07$8,844
Jul 20182,82965.142.93$8,294
Jun 20182,70360.183.08$8,317
May 20182,80365.382.90$8,131
Apr 20182,73263.842.90$7,925
Mar 20182,83161.222.79$7,890
Feb 20182,60061.782.77$7,192
Jan 20182,94762.874.01$11,815
Dec 20173,00257.272.92$8,770
Nov 20172,89755.423.12$9,034
Oct 20173,07449.292.98$9,172
Sep 20173,55547.523.09$10,975
Aug 20173,17445.373.00$9,536
Jul 20173,11043.873.09$9,601
Jun 20172,93342.493.09$9,055
May 20172,47745.373.26$8,083
Apr 20172,66647.933.21$8,562
Mar 20172,86446.772.98$8,545
Feb 20172,60750.452.95$7,697
Jan 20173,08549.413.42$10,547
Dec 20162,96648.763.72$11,042
Nov 20163,39242.492.64$8,970
Oct 20163,44446.193.09$10,643
Sep 20163,46041.553.10$10,728
Aug 20163,61341.442.92$10,566
Jul 20163,54541.622.92$10,367
Jun 20163,44445.352.69$9,250
May 20163,63542.521.99$7,237
Apr 20163,50836.561.99$6,985
Mar 20163,43233.011.79$6,157
Feb 20163,29326.472.06$6,796
Jan 20163,23527.352.36$7,649
Dec 20153,93532.362.00$7,876
Nov 20153,34138.792.17$7,241
Oct 20153,57343.552.43$8,670
Sep 20153,47542.992.76$9,586
Aug 20153,32440.162.87$9,548
Jul 20153,93548.152.95$11,589
Jun 20153,93956.152.88$11,356
May 20154,38955.212.96$12,971
Apr 20154,17449.822.71$11,297
Mar 20154,29042.892.93$12,590
Feb 20153,81344.662.98$11,348
Jan 20154,29143.433.10$13,305
Dec 20144,23754.693.59$15,217
Nov 20144,39670.464.25$18,691
Oct 20144,29278.303.90$16,743
Sep 20144,66486.164.05$18,868
Aug 20146,60989.394.04$26,668
Jul 20145,12096.564.18$21,400
Jun 20144,49398.164.74$21,283
May 20141,50594.734.73$7,113
Apr 20144,32195.944.81$20,780
Mar 20144,74895.895.06$24,010
Feb 20144,08297.406.19$25,276
Jan 20144,66590.404.86$22,675
Dec 20134,78991.824.35$20,854
Nov 20134,99188.853.74$18,658
Oct 20135,09797.423.78$19,263
Sep 20134,937104.113.72$18,354
Aug 20135,032104.253.52$17,726
Jul 20135,430102.523.72$20,187
Jun 20135,22794.403.93$20,560
May 20135,80794.834.15$24,094
Apr 20134,77793.964.28$20,458
Mar 20135,23593.623.91$20,484
Feb 20134,97291.233.42$17,004
Jan 20135,34091.603.42$18,262
Dec 20125,47686.773.42$18,729
Nov 20125,69086.953.62$20,626
Oct 20125,94789.383.40$20,218
Sep 20125,66494.672.92$16,530
Aug 20126,27792.662.91$18,255
Jul 20126,41285.133.02$19,369
Jun 20126,41779.822.52$16,165
May 20126,94791.612.49$17,286
Apr 20126,824101.652.00$13,626
Mar 20127,007105.052.22$15,570
Feb 20126,652101.102.57$17,097
Jan 20127,04398.092.73$19,256
Dec 20116,85696.873.24$22,212
Nov 20116,90095.723.31$22,848
Oct 20117,02784.983.65$25,638
Sep 20116,61183.623.99$26,350
Aug 20117,43283.404.15$30,838
Jul 20117,74194.144.52$34,968
Jun 20117,63592.904.64$35,425
May 20115,86998.134.40$25,852
Apr 20116,654105.964.33$28,834
Mar 20117,99496.364.06$32,434
Feb 20117,26485.644.18$30,363
Jan 20118,29486.504.59$38,059
Dec 20108,48785.734.35$36,899
Nov 20108,62880.843.80$32,746
Oct 20108,92578.103.51$31,317
Sep 20108,76372.633.98$34,872
Aug 20109,51173.684.42$42,033
Jul 20108,99072.554.74$42,581
Jun 201010,25170.364.91$50,337
May 201010,98471.124.24$46,520
Apr 201010,80581.694.12$44,546
Mar 201010,38178.394.39$45,559
Feb 20108,91273.585.44$48,502
Jan 201011,05074.365.96$65,903
Dec 200912,45071.445.48$68,273
Nov 200911,45274.593.75$42,962
Oct 200912,93072.544.11$53,146
Sep 20098,24965.543.06$25,281
Aug 200912,70967.423.22$40,904
Jul 200911,38161.133.46$39,429
Jun 200911,76066.163.90$45,805
May 200913,51654.743.93$53,060
Apr 200913,78246.773.59$49,443
Mar 200915,09142.144.06$61,254
Feb 200914,19532.814.63$65,765
Jan 200916,75235.865.37$89,975
Dec 200816,44337.105.98$98,282
Nov 200818,56455.496.86$127,356
Oct 200815,76075.246.92$109,090
Sep 200817,732101.767.88$139,677
Aug 200818,759114.228.48$159,133
Jul 200820,129131.0811.39$229,258
Jun 2008895131.3313.03$11,664

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.

Mar 2021 — as filed, then multipliedworked
Gas                   34 Mcf  × $  2.72 =        $92

────────────────────────────────────────────────────
Month total                                      $92

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/246335 is the state's own key, not one this site invented.