COLE

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 246942District 09Field 65280200GasSaveExport
Value, all time
$10.0 M
Jul 2008 – May 2026
Value, last 12 filed months
$210 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
GasProduction2,433,315 Mcf$9,994,858
Total$9,994,858

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 20264,564106.413.05$13,901
Apr 20264,35198.932.87$12,486
Mar 20264,46189.753.15$14,050
Feb 20264,34163.503.75$16,280
Jan 20264,54759.138.00$36,367
Dec 20254,63956.664.41$20,474
Nov 20254,84358.593.93$19,016
Oct 20255,31259.383.30$17,555
Sep 20254,80062.743.08$14,769
Aug 20254,40363.933.01$13,274
Jul 20254,90766.743.32$16,268
Jun 20254,84966.483.13$15,171
May 20255,09360.553.23$16,462
Apr 20256,92362.363.54$24,529
Mar 20257,51167.704.27$32,059
Feb 20256,74070.884.34$29,257
Jan 20257,14574.324.28$30,571
Dec 20245,59768.993.12$17,470
Nov 20244,94469.052.20$10,869
Oct 20245,02071.372.28$11,453
Sep 20245,09769.612.36$12,051
Aug 20245,25675.632.06$10,846
Jul 20245,04379.932.15$10,825
Jun 20244,95278.082.63$13,043
May 20245,12578.812.20$11,267
Apr 20245,29884.451.66$8,790
Mar 20245,34880.301.55$8,263
Feb 20245,01776.091.78$8,949
Jan 20245,52573.023.30$18,220
Dec 20235,27371.262.61$13,766
Nov 20235,07977.892.81$14,260
Oct 20234,91585.443.09$15,174
Sep 20235,31689.042.74$14,539
Aug 20234,99480.522.67$13,348
Jul 20235,80874.852.64$15,344
Jun 20235,39668.962.26$12,187
May 20235,65270.622.23$12,589
Apr 20235,64678.122.24$12,634
Mar 20235,89872.852.39$14,115
Feb 20235,18975.112.47$12,794
Jan 20235,79476.533.39$19,628
Dec 20225,77876.415.73$33,103
Nov 20225,44385.005.65$30,732
Oct 20225,57787.185.86$32,702
Sep 20225,63184.888.16$45,970
Aug 20226,16094.529.13$56,223
Jul 20225,845101.587.54$44,083
Jun 20225,730115.097.98$45,709
May 20226,183109.378.43$52,141
Apr 20226,177104.226.84$42,236
Mar 20227,667108.885.08$38,921
Feb 20225,71791.054.86$27,778
Jan 20226,05981.844.54$27,494
Dec 20216,01271.323.90$23,442
Nov 20215,95977.435.24$31,206
Oct 20216,42879.795.71$36,729
Sep 20216,30669.865.35$33,743
Aug 20216,29066.024.22$26,548
Jul 20216,38170.783.98$25,410
Jun 20216,22469.493.38$21,041
May 20216,40163.483.02$19,316
Apr 20216,20660.362.76$17,119
Mar 20216,61561.302.72$17,973
Feb 20214,83557.805.55$26,824
Jan 20216,47050.412.81$18,182
Dec 20206,32444.642.68$16,920
Nov 20206,26338.772.71$16,951
Oct 20206,47036.972.48$16,035
Sep 20206,33137.091.99$12,605
Aug 20206,58039.982.39$15,694
Jul 20206,63438.371.83$12,108
Jun 20206,46334.901.69$10,924
May 20206,72116.921.81$12,197
Apr 20206,64414.751.80$11,988
Mar 20207,08930.341.86$13,159
Feb 20206,83849.881.98$13,544
Jan 20207,34657.252.09$15,388
Dec 20197,57859.012.30$17,462
Nov 20197,37155.302.75$20,275
Oct 20197,50353.472.42$18,146
Sep 20197,06755.052.66$18,779
Aug 20197,53153.112.30$17,354
Jul 20197,63756.272.46$18,787
Jun 20197,43052.782.49$18,510
May 20197,73958.482.74$21,207
Apr 20197,49062.632.75$20,603
Mar 20197,82656.803.06$23,964
Feb 20197,08250.852.79$19,775
Jan 20198,01546.033.23$25,874
Dec 20187,62946.594.19$31,931
Nov 20187,57552.934.24$32,097
Oct 20187,74661.443.40$26,322
Sep 20187,67959.543.11$23,866
Aug 20187,76859.403.07$23,821
Jul 20187,65565.142.93$22,444
Jun 20187,51660.183.08$23,126
May 20187,72265.382.90$22,400
Apr 20187,81563.842.90$22,670
Mar 20188,04161.222.79$22,409
Feb 20187,35861.782.77$20,353
Jan 20188,44362.874.01$33,851
Dec 20178,27457.272.92$24,173
Nov 20178,20555.423.12$25,586
Oct 20178,46149.292.98$25,245
Sep 20177,47947.523.09$23,090
Aug 20178,72945.373.00$26,225
Jul 20178,97443.873.09$27,705
Jun 20178,28442.493.09$25,575
May 20178,41945.373.26$27,475
Apr 20178,13247.933.21$26,117
Mar 20178,51646.772.98$25,409
Feb 20177,66350.452.95$22,626
Jan 20178,74849.413.42$29,908
Dec 20168,81648.763.72$32,820
Nov 20167,59642.492.64$20,086
Oct 20168,65446.193.09$26,743
Sep 20168,28641.553.10$25,692
Aug 20168,52341.442.92$24,924
Jul 20168,31541.622.92$24,316
Jun 20168,45645.352.69$22,711
May 20168,82542.521.99$17,571
Apr 20168,78736.561.99$17,495
Mar 20168,74333.011.79$15,685
Feb 20168,42626.472.06$17,388
Jan 20169,38827.352.36$22,197
Dec 20159,90132.362.00$19,816
Nov 20159,59338.792.17$20,791
Oct 20159,00843.552.43$21,859
Sep 20159,93842.992.76$27,413
Aug 201511,03040.162.87$31,684
Jul 201510,91148.152.95$32,134
Jun 201510,58156.152.88$30,504
May 201510,87055.212.96$32,126
Apr 201510,52649.822.71$28,489
Mar 201510,59942.892.93$31,105
Feb 20159,75644.662.98$29,036
Jan 201510,73243.433.10$33,276
Dec 201411,10554.693.59$39,882
Nov 201410,99470.464.25$46,745
Oct 201412,01178.303.90$46,854
Sep 201411,49686.164.05$46,506
Aug 201412,08689.394.04$48,768
Jul 201411,76896.564.18$49,186
Jun 201411,57698.164.74$54,834
May 201411,85294.734.73$56,019
Apr 201411,65895.944.81$56,065
Mar 201412,33995.895.06$62,396
Feb 201411,05197.406.19$68,428
Jan 201412,42490.404.86$60,390
Dec 201312,35791.824.35$53,808
Nov 201312,41488.853.74$46,407
Oct 201312,67597.423.78$47,903
Sep 201311,932104.113.72$44,360
Aug 201312,160104.253.52$42,835
Jul 201313,170102.523.72$48,963
Jun 201312,96694.403.93$51,001
May 201313,54894.834.15$56,212
Apr 201313,31793.964.28$57,031
Mar 201314,06293.623.91$55,023
Feb 201312,81991.233.42$43,840
Jan 201314,36591.603.42$49,127
Dec 201215,04786.773.42$51,463
Nov 201214,18286.953.62$51,409
Oct 201214,72489.383.40$50,057
Sep 201214,39694.672.92$42,013
Aug 201215,22092.662.91$44,262
Jul 201215,15885.133.02$45,789
Jun 201214,72379.822.52$37,088
May 201214,84091.612.49$36,927
Apr 201212,483101.652.00$24,926
Mar 201215,695105.052.22$34,876
Feb 201214,967101.102.57$38,469
Jan 20129,20898.092.73$25,175
Dec 201114,07996.873.24$45,612
Nov 201114,97495.723.31$49,583
Oct 201114,34484.983.65$52,335
Sep 201114,06083.623.99$56,040
Aug 201110,02883.404.15$41,609
Jul 201113,61194.144.52$61,484
Jun 201114,37292.904.64$66,684
May 201114,96798.134.40$65,927
Apr 201114,672105.964.33$63,578
Mar 201115,19896.364.06$61,663
Feb 201113,21585.644.18$55,238
Jan 201114,78386.504.59$67,836
Dec 201014,61385.734.35$63,534
Nov 20109,44180.843.80$35,832
Oct 20102,55678.103.51$8,969
Sep 201011,98472.633.98$47,690
Aug 201024,36073.684.42$107,656
Jul 201025,10672.554.74$118,914
Jun 201024,84770.364.91$122,009
May 201026,35871.124.24$111,632
Apr 201026,23681.694.12$108,163
Mar 201027,74278.394.39$121,750
Feb 201025,84673.585.44$140,663
Jan 201030,24874.365.96$180,402
Dec 200926,79071.445.48$146,910
Nov 200918,37474.593.75$68,930
Oct 200920,00872.544.11$82,238
Sep 200927,85365.543.06$85,362
Aug 200929,49267.423.22$94,920
Jul 200930,54161.133.46$105,809
Jun 200925,14566.163.90$97,940
May 200931,33954.743.93$123,029
Apr 200931,52146.773.59$113,082
Mar 200933,79542.144.06$137,174
Feb 200931,94532.814.63$148,001
Jan 200937,06535.865.37$199,076
Dec 200838,95037.105.98$232,810
Nov 200838,48655.496.86$264,028
Oct 200845,38875.246.92$314,175
Sep 200848,749101.767.88$384,000
Aug 200855,328114.228.48$469,349
Jul 200826,350131.0811.39$300,111

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                4,564 Mcf  × $  3.05 =    $13,901

────────────────────────────────────────────────────
Month total                                  $13,901

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/246942 is the state's own key, not one this site invented.