PUTTEET HILL 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 246880District 09Field 65280200CondensateGasSaveExport
Value, all time
$5.5 M
Jun 2007 – May 2026
Value, last 12 filed months
$23 k
at the published price for each month
Months reported
228
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
CondensateDisposition13,157 bbl$1,070,484
GasProduction873,300 Mcf$4,398,143
Total$5,468,627

Every month this lease reported (228)

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

228 months

May 2026051106.413.05$155
Apr 20260098.932.87$0
Mar 2026059489.753.15$1,871
Feb 20260063.503.75$0
Jan 2026015159.138.00$1,208
Dec 20251120756.664.41$1,537
Nov 20250058.593.93$0
Oct 2025102859.383.30$686
Sep 202516862762.743.08$12,470
Aug 20251033963.933.01$1,661
Jul 2025094666.743.32$3,136
Jun 2025022266.483.13$695
May 2025012860.553.23$414
Apr 2025993962.363.54$3,888
Mar 2025016767.704.27$713
Feb 20250070.884.34$0
Jan 202510074.324.28$743
Dec 2024026068.993.12$812
Nov 2024016469.052.20$361
Oct 2024465071.372.28$1,768
Sep 2024013169.612.36$310
Aug 2024066375.632.06$1,368
Jul 202481,01379.932.15$2,814
Jun 2024081778.082.63$2,152
May 2024919078.812.20$1,127
Apr 20241030484.451.66$1,349
Mar 20241090580.301.55$2,201
Feb 20240076.091.78$0
Jan 2024015273.023.30$501
Dec 2023095271.262.61$2,485
Nov 20231096877.892.81$3,497
Oct 2023082985.443.09$2,559
Sep 2023101,13989.042.74$4,006
Aug 202301,47380.522.67$3,937
Jul 2023104,77574.852.64$13,363
Jun 202304,68668.962.26$10,583
May 202304,59370.622.23$10,230
Apr 2023104,38478.122.24$10,592
Mar 2023104,42772.852.39$11,323
Feb 202303,57875.112.47$8,822
Jan 2023104,02976.533.39$14,414
Dec 202293,94976.415.73$23,312
Nov 2022103,63385.005.65$21,363
Oct 2022104,32487.185.86$26,227
Sep 202204,70984.888.16$38,443
Aug 202294,53394.529.13$42,224
Jul 202204,413101.587.54$33,283
Jun 202294,448115.097.98$36,518
May 2022104,591109.378.43$39,810
Apr 202203,973104.226.84$27,166
Mar 2022204,428108.885.08$24,656
Feb 2022104,13391.054.86$20,992
Jan 2022104,36181.844.54$20,607
Dec 202104,26771.323.90$16,638
Nov 2021154,07577.435.24$22,502
Oct 202134,19179.795.71$24,186
Sep 202134,12469.865.35$22,277
Aug 2021154,31266.024.22$19,189
Jul 2021154,18270.783.98$17,715
Jun 2021154,05269.493.38$14,741
May 2021204,59963.483.02$15,148
Apr 2021244,40160.362.76$13,588
Mar 202124,09961.302.72$11,259
Feb 202184,15957.805.55$23,536
Jan 202184,27950.412.81$12,428
Dec 202024,59344.642.68$12,378
Nov 2020104,09938.772.71$11,482
Oct 202024,16936.972.48$10,407
Sep 202013,67037.091.99$7,344
Aug 202014,08639.982.39$9,786
Jul 202074,20238.371.83$7,938
Jun 202034,32934.901.69$7,422
May 202054,11216.921.81$7,547
Apr 2020333,74814.751.80$7,250
Mar 2020634,19730.341.86$9,702
Feb 2020303,71049.881.98$8,845
Jan 2020993,72657.252.09$13,473
Dec 2019593,60959.012.30$11,798
Nov 2019863,10055.302.75$13,283
Oct 201993,14753.472.42$8,092
Sep 201943,04355.052.66$8,306
Aug 2019172,33053.112.30$6,272
Jul 201901,77656.272.46$4,369
Jun 2019122,55052.782.49$6,986
May 2019213,13158.482.74$9,808
Apr 2019432,61362.632.75$9,881
Mar 2019702,65056.803.06$12,091
Feb 2019192,38450.852.79$7,623
Jan 2019272,48446.033.23$9,262
Dec 2018341,79346.594.19$9,089
Nov 201891,68052.934.24$7,595
Oct 2018413,34361.443.40$13,879
Sep 2018463,20159.543.11$12,688
Aug 2018284,02959.403.07$14,018
Jul 2018364,22665.142.93$14,735
Jun 2018264,07560.183.08$14,103
May 2018454,28265.382.90$15,363
Apr 2018374,45663.842.90$15,288
Mar 2018434,31761.222.79$14,663
Feb 2018674,12061.782.77$15,536
Jan 2018444,30762.874.01$20,034
Dec 2017604,39757.272.92$16,282
Nov 2017314,43955.423.12$15,560
Oct 2017714,42349.292.98$16,696
Sep 2017253,68747.523.09$12,571
Aug 2017614,12545.373.00$15,161
Jul 2017604,95043.873.09$17,914
Jun 2017724,83442.493.09$17,983
May 2017305,35245.373.26$18,827
Apr 2017225,29947.933.21$18,073
Mar 2017104,81046.772.98$14,819
Feb 2017154,56850.452.95$14,244
Jan 2017245,16549.413.42$18,844
Dec 2016395,47848.763.72$22,295
Nov 2016125,84842.492.64$15,974
Oct 2016123,99446.193.09$12,897
Sep 20160041.553.10$0
Aug 2016376,04941.442.92$19,223
Jul 2016124,72441.622.92$14,314
Jun 2016241445.352.69$1,203
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 20150032.362.00$0
Nov 20150038.792.17$0
Oct 20150043.552.43$0
Sep 20150042.992.76$0
Aug 20150040.162.87$0
Jul 20150048.152.95$0
Jun 20150056.152.88$0
May 20150055.212.96$0
Apr 20150049.822.71$0
Mar 201511042.892.93$472
Feb 20152157544.662.98$2,649
Jan 2015271,96243.433.10$7,256
Dec 2014272,17654.693.59$9,291
Nov 20141360770.464.25$3,497
Oct 2014172,57178.303.90$11,360
Sep 2014182,85686.164.05$13,105
Aug 2014192,86889.394.04$13,271
Jul 2014123,68796.564.18$16,569
Jun 2014271,86798.164.74$11,494
May 201433094.734.73$426
Apr 20140095.944.81$0
Mar 20143095.895.06$288
Feb 20143797.406.19$336
Jan 20140090.404.86$0
Dec 20130091.824.35$0
Nov 20130088.853.74$0
Oct 2013839497.423.78$2,268
Sep 2013202,578104.113.72$11,667
Aug 2013109104.253.52$1,074
Jul 2013593102.523.72$6,060
Jun 201318794.403.93$437
May 20135094.834.15$474
Apr 20132093.964.28$188
Mar 20136693.623.91$585
Feb 20132891.233.42$210
Jan 20132091.603.42$183
Dec 20122086.773.42$174
Nov 201210286.953.62$877
Oct 2012211389.383.40$1,921
Sep 2012734894.672.92$1,678
Aug 2012272,68692.662.91$10,313
Jul 2012223,56885.133.02$12,651
Jun 2012172,29879.822.52$7,146
May 2012272,76591.612.49$9,354
Apr 2012312,834101.652.00$8,810
Mar 2012313,134105.052.22$10,221
Feb 2012322,648101.102.57$10,041
Jan 2012263,22098.092.73$11,354
Dec 2011665,45096.873.24$24,050
Nov 2011325,76095.723.31$22,136
Oct 2011366,22784.983.65$25,779
Sep 2011386,61183.623.99$29,528
Aug 2011296,71783.404.15$30,290
Jul 2011306,46194.144.52$32,010
Jun 2011366,17392.904.64$31,986
May 2011444,21098.134.40$22,862
Apr 2011493,538105.964.33$20,523
Mar 2011674,54496.364.06$24,893
Feb 2011654,12385.644.18$22,801
Jan 20111217,25786.504.59$43,767
Dec 20101097,73085.734.35$42,953
Nov 20101007,57780.843.80$36,841
Oct 2010748,15978.103.51$34,408
Sep 2010473,56572.633.98$17,600
Aug 2010443,28373.684.42$17,751
Jul 2010676,93672.554.74$37,713
Jun 2010567,55670.364.91$41,043
May 20101138,87571.124.24$45,624
Apr 20101198,24781.694.12$43,721
Mar 2010968,99778.394.39$47,010
Feb 20101058,08573.585.44$51,727
Jan 20101268,49674.365.96$60,040
Dec 20091147,30871.445.48$48,219
Nov 20091499,32674.593.75$46,100
Oct 200918010,45772.544.11$56,038
Sep 200916710,12365.543.06$41,970
Aug 20091799,81767.423.22$43,664
Jul 20091356,96461.133.46$32,379
Jun 200921512,02666.163.90$61,066
May 200922313,42954.743.93$64,926
Apr 200926413,60046.773.59$61,137
Mar 200929310,63242.144.06$55,502
Feb 20092278,30232.814.63$45,911
Jan 20092115,11335.865.37$35,028
Dec 20082487,54737.105.98$54,310
Nov 20081683,11555.496.86$30,692
Oct 20081531,86275.246.92$24,400
Sep 200824714,013101.767.88$135,516
Aug 200837816,689114.228.48$184,748
Jul 200837216,514131.0811.39$236,847
Jun 200848620,420131.3313.03$329,953
May 200842519,610123.1711.57$279,319
Apr 200847514,609110.3110.45$205,132
Mar 200850817,048101.909.66$216,518
Feb 200839810,38192.538.77$127,874
Jan 200870820,34090.388.21$230,894
Dec 20071,26226,92088.337.30$308,041
Nov 200751611,19291.677.29$128,910
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

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                   51 Mcf  × $  3.05 =       $155

────────────────────────────────────────────────────
Month total                                     $155

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/246880 is the state's own key, not one this site invented.