VETTE

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 246758District 09Field 65280200CondensateGasSaveExport
Value, all time
$8.7 M
Feb 2007 – May 2026
Value, last 12 filed months
$1 k
at the published price for each month
Months reported
232
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
CondensateDisposition8,248 bbl$599,597
GasProduction1,480,402 Mcf$8,149,516
Total$8,749,113

Every month this lease reported (232)

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

232 months

May 202600106.413.05$0
Apr 20260098.932.87$0
Mar 202615089.753.15$1,346
Feb 20260063.503.75$0
Jan 20260059.138.00$0
Dec 20250056.664.41$0
Nov 20250058.593.93$0
Oct 20250059.383.30$0
Sep 20250062.743.08$0
Aug 20250063.933.01$0
Jul 20250066.743.32$0
Jun 20250066.483.13$0
May 20250060.553.23$0
Apr 20250062.363.54$0
Mar 202543067.704.27$2,911
Feb 20250070.884.34$0
Jan 20250074.324.28$0
Dec 20240068.993.12$0
Nov 20240069.052.20$0
Oct 20240071.372.28$0
Sep 20240069.612.36$0
Aug 20240075.632.06$0
Jul 20240079.932.15$0
Jun 20240078.082.63$0
May 20240078.812.20$0
Apr 20240084.451.66$0
Mar 202427080.301.55$2,168
Feb 20240076.091.78$0
Jan 20240073.023.30$0
Dec 20230071.262.61$0
Nov 20230077.892.81$0
Oct 2023231,27885.443.09$5,911
Sep 202303,18589.042.74$8,711
Aug 202303,44280.522.67$9,200
Jul 202303,82974.852.64$10,115
Jun 202303,23368.962.26$7,302
May 202302,43670.622.23$5,426
Apr 2023143,41678.122.24$8,738
Mar 2023193,58772.852.39$9,968
Feb 202303,70675.112.47$9,138
Jan 202304,15376.533.39$14,069
Dec 2022264,00476.415.73$24,926
Nov 202203,70685.005.65$20,925
Oct 202203,92987.185.86$23,039
Sep 2022164,33284.888.16$36,723
Aug 202204,35694.529.13$39,758
Jul 202203,621101.587.54$27,310
Jun 202203,865115.097.98$30,832
May 202203,956109.378.43$33,361
Apr 2022384,054104.226.84$31,680
Mar 202204,463108.885.08$22,656
Feb 202204,32891.054.86$21,029
Jan 202204,55781.844.54$20,678
Dec 2021354,52871.323.90$20,151
Nov 202105,53477.435.24$28,981
Oct 202105,25479.795.71$30,021
Sep 202103,20569.865.35$17,150
Aug 202103,57066.024.22$15,068
Jul 2021273,78470.783.98$16,979
Jun 202103,73769.493.38$12,633
May 202103,92063.483.02$11,829
Apr 202103,69360.362.76$10,187
Mar 2021464,27661.302.72$14,437
Feb 202103,73157.805.55$20,699
Jan 202104,94750.412.81$13,902
Dec 202004,14344.642.68$11,084
Nov 2020353,74838.772.71$11,501
Oct 202003,76136.972.48$9,321
Sep 202004,01637.091.99$7,996
Aug 202004,26339.982.39$10,168
Jul 2020294,08638.371.83$8,570
Jun 202004,08034.901.69$6,896
May 202004,28816.921.81$7,782
Apr 202003,82714.751.80$6,905
Mar 2020304,15830.341.86$8,628
Feb 202003,91049.881.98$7,744
Jan 202004,24457.252.09$8,890
Dec 2019464,33259.012.30$12,697
Nov 201904,52155.302.75$12,436
Oct 201904,92453.472.42$11,909
Sep 201904,77055.052.66$12,675
Aug 201905,20253.112.30$11,987
Jul 2019415,47456.272.46$15,773
Jun 201906,06652.782.49$15,112
May 201906,22858.482.74$17,067
Apr 2019475,38662.632.75$17,759
Mar 201904,97156.803.06$15,222
Feb 201904,56350.852.79$12,741
Jan 2019504,80346.033.23$17,806
Dec 201804,79246.594.19$20,057
Nov 201804,73752.934.24$20,072
Oct 2018464,49061.443.40$18,084
Sep 201804,69459.543.11$14,589
Aug 2018384,54859.403.07$16,204
Jul 2018364,55865.142.93$15,709
Jun 201804,48260.183.08$13,791
May 2018304,76865.382.90$15,792
Apr 201804,59163.842.90$13,318
Mar 2018354,62961.222.79$15,043
Feb 201804,31761.782.77$11,941
Jan 2018334,84062.874.01$21,480
Dec 201704,69557.272.92$13,717
Nov 2017154,55155.423.12$15,023
Oct 201704,74049.292.98$14,143
Sep 201773,83747.523.09$12,179
Aug 201704,60545.373.00$13,835
Jul 2017364,47643.873.09$15,398
Jun 201704,33542.493.09$13,383
May 201713,15445.373.26$10,338
Apr 201702,94947.933.21$9,471
Mar 20171412746.772.98$1,034
Feb 201722050.452.95$1,110
Jan 2017406949.413.42$2,212
Dec 20160048.763.72$0
Nov 20166630742.492.64$3,616
Oct 2016262,40546.193.09$8,633
Sep 201605,53741.553.10$17,168
Aug 2016716,41241.442.92$21,693
Jul 201607,37141.622.92$21,555
Jun 2016081445.352.69$2,186
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 201513242532.362.00$5,122
Nov 201507,28838.792.17$15,796
Oct 20151846,20943.552.43$23,080
Sep 201505,73542.992.76$15,820
Aug 20151855,78840.162.87$24,056
Jul 201505,83748.152.95$17,190
Jun 201505,54756.152.88$15,991
May 20151826,65655.212.96$29,720
Apr 201505,76949.822.71$15,614
Mar 20151876,25742.892.93$26,383
Feb 20151775,88544.662.98$25,420
Jan 20151416,43743.433.10$26,082
Dec 20142136,70054.693.59$35,711
Nov 201406,61870.464.25$28,139
Oct 20141637,43078.303.90$41,747
Sep 201407,55486.164.05$30,559
Aug 201408,83889.394.04$35,662
Jul 2014379,27296.564.18$42,326
Jun 201448,49798.164.74$40,642
May 201407,36494.734.73$34,806
Apr 201403,82695.944.81$18,400
Mar 20141095.895.06$96
Feb 20141197.406.19$104
Jan 20140090.404.86$0
Dec 20130191.824.35$4
Nov 20130088.853.74$0
Oct 201341097.423.78$3,994
Sep 2013830104.113.72$8,641
Aug 2013010104.253.52$35
Jul 201302,377102.523.72$8,837
Jun 201307,16494.403.93$28,179
May 2013777,18294.834.15$37,101
Apr 201305,23493.964.28$22,415
Mar 201306,24693.623.91$24,440
Feb 20131444,99491.233.42$30,216
Jan 201311614991.603.42$11,135
Dec 201207786.773.42$263
Nov 201201,88786.953.62$6,840
Oct 2012142089.383.40$12,692
Sep 201201,40694.672.92$4,103
Aug 201208,80192.662.91$25,595
Jul 20121918,74185.133.02$42,665
Jun 201204,15179.822.52$10,457
May 2012984,03691.612.49$19,021
Apr 201208,424101.652.00$16,821
Mar 2012988,919105.052.22$30,114
Feb 201207,576101.102.57$19,472
Jan 2012816,29798.092.73$25,162
Dec 201106,97996.873.24$22,610
Nov 2011826,79395.723.31$30,343
Oct 201118,89084.983.65$32,521
Sep 201105,59883.623.99$22,313
Aug 201107,91883.404.15$32,854
Jul 201102,18394.144.52$9,861
Jun 20111716,53192.904.64$46,189
May 201105,11398.134.40$22,522
Apr 201105,444105.964.33$23,590
Mar 201114,56096.364.06$18,598
Feb 20113832,12085.644.18$41,662
Jan 201108,72186.504.59$40,019
Dec 20102028,60185.734.35$54,712
Nov 201006,30480.843.80$23,926
Oct 20103772,51378.103.51$38,262
Sep 201008,90172.633.98$35,421
Aug 201009,07873.684.42$40,119
Jul 201008,83072.554.74$41,823
Jun 20101668,56370.364.91$53,728
May 2010468,67071.124.24$39,991
Apr 2010509,16581.694.12$41,869
Mar 2010488,86878.394.39$42,681
Feb 2010577,43073.585.44$44,631
Jan 2010558,97774.365.96$57,629
Dec 2009499,59671.445.48$56,123
Nov 2009399,15974.593.75$37,269
Oct 2009458,34872.544.11$37,577
Sep 20094711,48265.543.06$38,270
Aug 20094512,81267.423.22$44,269
Jul 20095312,95661.133.46$48,126
Jun 20095413,26366.163.90$55,232
May 20095312,82954.743.93$53,265
Apr 20098611,45146.773.59$45,103
Mar 20096914,94742.144.06$63,578
Feb 20096025,19532.814.63$118,697
Jan 200918823,73835.865.37$134,238
Dec 2008028,02137.105.98$167,485
Nov 20087825,27955.496.86$177,751
Oct 20086226,79375.246.92$190,125
Sep 200811423,397101.767.88$195,901
Aug 200812627,965114.228.48$251,619
Jul 20086431,777131.0811.39$370,311
Jun 20086529,482131.3313.03$392,764
May 2008034,197123.1711.57$395,806
Apr 200826329,973110.3110.45$342,375
Mar 20086331,489101.909.66$310,732
Feb 200811729,91792.538.77$273,215
Jan 200811028,00990.388.21$239,776
Dec 200722028,03688.337.30$224,151
Nov 20074719,86491.677.29$149,151
Oct 20078518,34882.856.92$134,047
Sep 20079716,69275.846.24$111,584
Aug 2007025,15269.066.39$160,669
Jul 20079227,91170.906.39$184,817
Jun 2007567,16662.007.55$57,564
May 200710420,00758.747.85$163,089
Apr 200719723,93159.617.81$198,529
Mar 20076029,65656.927.30$219,962
Feb 20070055.108.22$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.

Mar 2026 — as filed, then multipliedworked
Condensate            15 bbl  × $ 89.75 =     $1,346
Gas                    0 Mcf  × $  3.15 =         $0

────────────────────────────────────────────────────
Month total                                   $1,346

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/246758 is the state's own key, not one this site invented.