BUBBS 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 246881District 09Field 65280200CondensateGasSaveExport
Value, all time
$6.2 M
Jun 2007 – May 2026
Value, last 12 filed months
$1 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
CondensateDisposition12,071 bbl$1,057,406
GasProduction936,049 Mcf$5,174,935
Total$6,232,342

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 202600106.413.05$0
Apr 20260098.932.87$0
Mar 20260089.753.15$0
Feb 20260063.503.75$0
Jan 20260059.138.00$0
Dec 20256056.664.41$340
Nov 20250058.593.93$0
Oct 20257059.383.30$416
Sep 20250062.743.08$0
Aug 202510063.933.01$639
Jul 20250066.743.32$0
Jun 20250066.483.13$0
May 20250060.553.23$0
Apr 20259062.363.54$561
Mar 20250067.704.27$0
Feb 20250070.884.34$0
Jan 202510074.324.28$743
Dec 20240068.993.12$0
Nov 20240069.052.20$0
Oct 20244071.372.28$285
Sep 20240169.612.36$2
Aug 20240075.632.06$0
Jul 20248079.932.15$639
Jun 20240078.082.63$0
May 20249078.812.20$709
Apr 202410084.451.66$845
Mar 202410080.301.55$803
Feb 20240076.091.78$0
Jan 20240073.023.30$0
Dec 20230071.262.61$0
Nov 202310077.892.81$779
Oct 20230085.443.09$0
Sep 202310089.042.74$890
Aug 20230880.522.67$21
Jul 20231025874.852.64$1,430
Jun 202309568.962.26$215
May 202302,03270.622.23$4,526
Apr 2023103,98478.122.24$9,696
Mar 2023103,41372.852.39$8,896
Feb 202302,93075.112.47$7,224
Jan 2023102,73076.533.39$10,014
Dec 202291,83376.415.73$11,189
Nov 2022101,75685.005.65$10,765
Oct 2022102,60987.185.86$16,170
Sep 2022094484.888.16$7,707
Aug 202292,65294.529.13$25,056
Jul 202202,037101.587.54$15,363
Jun 20229869115.097.98$7,968
May 202210958109.378.43$9,173
Apr 202201,533104.226.84$10,482
Mar 2022201,294108.885.08$8,746
Feb 20221059191.054.86$3,782
Jan 2022102,15681.844.54$10,602
Dec 202103,08971.323.90$12,044
Nov 2021153,71677.435.24$20,622
Oct 202123,99079.795.71$22,958
Sep 202123,43669.865.35$18,525
Aug 2021133,88966.024.22$17,272
Jul 2021164,36970.783.98$18,530
Jun 2021154,06769.493.38$14,791
May 2021173,83063.483.02$12,637
Apr 2021213,95860.362.76$12,185
Mar 202104,03961.302.72$10,974
Feb 202103,96757.805.55$22,009
Jan 202104,61850.412.81$12,978
Dec 202004,94244.642.68$13,222
Nov 202004,83438.772.71$13,084
Oct 202004,89536.972.48$12,132
Sep 202004,48237.091.99$8,924
Aug 202004,52639.982.39$10,795
Jul 202004,72738.371.83$8,627
Jun 202004,54534.901.69$7,682
May 202005,06716.921.81$9,195
Apr 202005,07414.751.80$9,155
Mar 202005,43230.341.86$10,083
Feb 202004,32549.881.98$8,566
Jan 202004,15757.252.09$8,708
Dec 201913,91159.012.30$9,071
Nov 201952,82255.302.75$8,039
Oct 201952,73253.472.42$6,875
Sep 2019293,59655.052.66$11,152
Aug 201903,52453.112.30$8,121
Jul 201903,67956.272.46$9,051
Jun 201903,63452.782.49$9,053
May 201902,61658.482.74$7,169
Apr 201902,45362.632.75$6,747
Mar 201902,13056.803.06$6,522
Feb 201902,23850.852.79$6,249
Jan 201901,98446.033.23$6,405
Dec 201803,14346.594.19$13,155
Nov 201803,61352.934.24$15,309
Oct 201804,55661.443.40$15,482
Sep 201804,59159.543.11$14,269
Aug 201804,86959.403.07$14,931
Jul 201804,49265.142.93$13,170
Jun 201804,39160.183.08$13,511
May 201801,63165.382.90$4,731
Apr 201801,70863.842.90$4,955
Mar 201803,46861.222.79$9,665
Feb 201804,11361.782.77$11,377
Jan 201804,54962.874.01$18,238
Dec 201705,03257.272.92$14,701
Nov 201704,32155.423.12$13,474
Oct 201704,88649.292.98$14,578
Sep 201704,93047.523.09$15,220
Aug 201705,16445.373.00$15,515
Jul 201715,25043.873.09$16,252
Jun 201725,00242.493.09$15,528
May 201785,45145.373.26$18,152
Apr 201705,55047.933.21$17,824
Mar 201705,90646.772.98$17,622
Feb 201704,60250.452.95$13,588
Jan 201704,45149.413.42$15,217
Dec 201604,34348.763.72$16,168
Nov 201605,36542.492.64$14,187
Oct 201662,20246.193.09$7,082
Sep 20160041.553.10$0
Aug 20160041.442.92$0
Jul 201631,13541.622.92$3,444
Jun 2016229645.352.69$886
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 20150042.892.93$0
Feb 20150044.662.98$0
Jan 20150043.433.10$0
Dec 20140054.693.59$0
Nov 20140070.464.25$0
Oct 20140078.303.90$0
Sep 20140086.164.05$0
Aug 20140089.394.04$0
Jul 20140096.564.18$0
Jun 20140098.164.74$0
May 20140094.734.73$0
Apr 20140095.944.81$0
Mar 20140095.895.06$0
Feb 20140097.406.19$0
Jan 20140090.404.86$0
Dec 20130091.824.35$0
Nov 20130088.853.74$0
Oct 20130097.423.78$0
Sep 201320104.113.72$208
Aug 201311104.253.52$108
Jul 201340102.523.72$410
Jun 20131094.403.93$94
May 20130794.834.15$29
Apr 20130093.964.28$0
Mar 20130093.623.91$0
Feb 20132091.233.42$182
Jan 20134091.603.42$366
Dec 20123086.773.42$260
Nov 201214286.953.62$1,225
Oct 2012232,82789.383.40$11,667
Sep 2012193,04094.672.92$10,671
Aug 2012215,91492.662.91$19,145
Jul 2012125,38785.133.02$17,295
Jun 201294,23079.822.52$11,374
May 2012142,66791.612.49$7,919
Apr 2012141,987101.652.00$5,391
Mar 2012172,239105.052.22$6,761
Feb 2012322,371101.102.57$9,329
Jan 2012334,04098.092.73$14,283
Dec 2011736,84596.873.24$29,248
Nov 2011297,42795.723.31$27,369
Oct 2011257,78284.983.65$30,517
Sep 2011334,65583.623.99$21,313
Aug 2011217,99283.404.15$34,913
Jul 2011197,51194.144.52$35,718
Jun 2011207,54992.904.64$36,884
May 2011245,22798.134.40$25,379
Apr 2011325,049105.964.33$25,269
Mar 2011366,72696.364.06$30,759
Feb 2011242,46585.644.18$12,359
Jan 2011574,54486.504.59$25,782
Dec 2010635,35985.734.35$28,701
Nov 2010585,48480.843.80$25,502
Oct 2010708,06478.103.51$33,763
Sep 2010755,58472.633.98$27,669
Aug 2010327,35073.684.42$34,840
Jul 2010426,96172.554.74$36,018
Jun 2010378,34970.364.91$43,600
May 2010878,78571.124.24$43,394
Apr 20101086,50581.694.12$35,641
Mar 2010918,03978.394.39$42,414
Feb 2010946,38473.585.44$41,661
Jan 20101339,45374.365.96$66,268
Dec 20091249,61871.445.48$61,601
Nov 200915112,74574.593.75$59,076
Oct 200917012,50972.544.11$63,747
Sep 200915412,32665.543.06$47,869
Aug 200915211,97667.423.22$48,793
Jul 200914110,78561.133.46$45,984
Jun 200918910,90966.163.90$54,995
May 200918511,15354.743.93$53,911
Apr 200921410,02446.773.59$45,970
Mar 200926710,70142.144.06$54,687
Feb 200927311,68132.814.63$63,075
Jan 200927210,12435.865.37$64,130
Dec 200830411,81637.105.98$81,904
Nov 200829513,63655.496.86$109,917
Oct 200830215,35175.246.92$128,982
Sep 200831220,468101.767.88$192,977
Aug 200850325,638114.228.48$274,940
Jul 200850727,369131.0811.39$378,175
Jun 200855527,310131.3313.03$428,809
May 200850427,024123.1711.57$374,861
Apr 200869626,757110.3110.45$356,516
Mar 200881129,396101.909.66$366,726
Feb 200864126,33392.538.77$290,267
Jan 200888424,89490.388.21$284,169
Dec 20071,29331,97888.337.30$347,713
Nov 20072615,74191.677.29$65,788
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.

Dec 2025 — as filed, then multipliedworked
Condensate             6 bbl  × $ 56.66 =       $340
Gas                    0 Mcf  × $  4.41 =         $0

────────────────────────────────────────────────────
Month total                                     $340

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/246881 is the state's own key, not one this site invented.