BINKLEY

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 247367District 09Field 65280200CondensateGasSaveExport
Value, all time
$2.5 M
Feb 2007 – May 2026
Value, last 12 filed months
$44 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
CondensateDisposition1 bbl$33
GasProduction545,916 Mcf$2,460,590
Total$2,460,622

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 202601,062106.413.05$3,235
Apr 2026096298.932.87$2,761
Mar 2026097089.753.15$3,055
Feb 2026096663.503.75$3,623
Jan 2026090059.138.00$7,198
Dec 202501,30256.664.41$5,746
Nov 2025091558.593.93$3,593
Oct 2025085559.383.30$2,826
Sep 2025057562.743.08$1,769
Aug 2025099463.933.01$2,997
Jul 202501,00966.743.32$3,345
Jun 202501,13766.483.13$3,557
May 202501,15160.553.23$3,720
Apr 202501,30162.363.54$4,610
Mar 202501,31567.704.27$5,613
Feb 202501,34570.884.34$5,838
Jan 202501,51674.324.28$6,486
Dec 202401,51568.993.12$4,729
Nov 202401,44369.052.20$3,172
Oct 202401,44871.372.28$3,303
Sep 202401,45269.612.36$3,433
Aug 202401,54175.632.06$3,180
Jul 202401,09379.932.15$2,346
Jun 202401,39978.082.63$3,685
May 202401,66378.812.20$3,656
Apr 202401,22284.451.66$2,028
Mar 202401,38580.301.55$2,140
Feb 202401,27776.091.78$2,278
Jan 202401,24773.023.30$4,112
Dec 202301,11571.262.61$2,911
Nov 202301,26177.892.81$3,540
Oct 202301,53785.443.09$4,745
Sep 202301,54889.042.74$4,234
Aug 202301,74880.522.67$4,672
Jul 202301,54574.852.64$4,082
Jun 202301,73668.962.26$3,921
May 202301,47670.622.23$3,288
Apr 202301,57978.122.24$3,533
Mar 202301,64572.852.39$3,937
Feb 202301,44675.112.47$3,565
Jan 202301,39376.533.39$4,719
Dec 202202,13776.415.73$12,243
Nov 202201,69485.005.65$9,565
Oct 202201,69787.185.86$9,951
Sep 202201,28284.888.16$10,466
Aug 202202,62394.529.13$23,941
Jul 202202,746101.587.54$20,711
Jun 202202,928115.097.98$23,357
May 202203,213109.378.43$27,095
Apr 202203,186104.226.84$21,785
Mar 202201,732108.885.08$8,792
Feb 202201,58291.054.86$7,687
Jan 202201,65581.844.54$7,510
Dec 202103,66371.323.90$14,282
Nov 202103,59377.435.24$18,816
Oct 202101,11579.795.71$6,371
Sep 2021090069.865.35$4,816
Aug 202101,03666.024.22$4,373
Jul 202101,03770.783.98$4,129
Jun 202101,00069.493.38$3,381
May 2021091863.483.02$2,770
Apr 2021070060.362.76$1,931
Mar 2021073461.302.72$1,994
Feb 20210057.805.55$0
Jan 20210050.412.81$0
Dec 20200044.642.68$0
Nov 2020071738.772.71$1,941
Oct 2020096136.972.48$2,382
Sep 2020095737.091.99$1,905
Aug 202001,07239.982.39$2,557
Jul 202001,10638.371.83$2,019
Jun 202001,12134.901.69$1,895
May 202002,34216.921.81$4,250
Apr 20200014.751.80$0
Mar 2020066030.341.86$1,225
Feb 202001,41149.881.98$2,795
Jan 202001,65157.252.09$3,458
Dec 201901,74459.012.30$4,019
Nov 201901,75655.302.75$4,830
Oct 201901,88553.472.42$4,559
Sep 201901,82055.052.66$4,836
Aug 201901,90553.112.30$4,390
Jul 201901,94756.272.46$4,790
Jun 201901,88852.782.49$4,703
May 201901,96758.482.74$5,390
Apr 201901,94362.632.75$5,345
Mar 201902,05956.803.06$6,305
Feb 201901,89350.852.79$5,286
Jan 201902,13146.033.23$6,879
Dec 201802,11946.594.19$8,869
Nov 201802,08152.934.24$8,818
Oct 201802,17461.443.40$7,387
Sep 201802,08459.543.11$6,477
Aug 201802,21259.403.07$6,783
Jul 201802,21265.142.93$6,485
Jun 201802,16460.183.08$6,658
May 201802,27965.382.90$6,611
Apr 201802,28263.842.90$6,620
Mar 201802,33361.222.79$6,502
Feb 201802,14661.782.77$5,936
Jan 201802,27862.874.01$9,133
Dec 201702,32457.272.92$6,790
Nov 201702,36355.423.12$7,369
Oct 201702,35649.292.98$7,030
Sep 201702,38347.523.09$7,357
Aug 201702,55445.373.00$7,673
Jul 201702,54543.873.09$7,857
Jun 201702,53042.493.09$7,811
May 201702,72245.373.26$8,883
Apr 201702,09647.933.21$6,732
Mar 201702,52946.772.98$7,546
Feb 201702,36150.452.95$6,971
Jan 201702,31249.413.42$7,904
Dec 201602,40248.763.72$8,942
Nov 201601,29342.492.64$3,419
Oct 201601,53546.193.09$4,744
Sep 201601,70641.553.10$5,290
Aug 201602,11241.442.92$6,176
Jul 201602,22741.622.92$6,513
Jun 201602,18045.352.69$5,855
May 201602,24142.521.99$4,462
Apr 201602,17836.561.99$4,336
Mar 201602,28533.011.79$4,099
Feb 201602,06826.472.06$4,268
Jan 201602,24027.352.36$5,296
Dec 201502,30732.362.00$4,617
Nov 201502,09038.792.17$4,530
Oct 201502,17843.552.43$5,285
Sep 201502,29842.992.76$6,339
Aug 201502,48740.162.87$7,144
Jul 201502,44048.152.95$7,186
Jun 201502,36756.152.88$6,824
May 201502,60255.212.96$7,690
Apr 201502,89249.822.71$7,827
Mar 201503,05342.892.93$8,960
Feb 201502,81044.662.98$8,363
Jan 201503,00743.433.10$9,324
Dec 201402,95454.693.59$10,609
Nov 201402,89370.464.25$12,301
Oct 201403,33178.303.90$12,994
Sep 201403,34886.164.05$13,544
Aug 201403,42989.394.04$13,836
Jul 201402,77396.564.18$11,590
Jun 201402,68298.164.74$12,704
May 201402,67794.734.73$12,653
Apr 201402,55595.944.81$12,287
Mar 201402,67395.895.06$13,517
Feb 201402,46297.406.19$15,245
Jan 201402,76390.404.86$13,430
Dec 201302,90091.824.35$12,628
Nov 201302,38588.853.74$8,916
Oct 201303,12297.423.78$11,799
Sep 201302,940104.113.72$10,930
Aug 201302,977104.253.52$10,487
Jul 201303,447102.523.72$12,815
Jun 201303,60894.403.93$14,192
May 201303,89894.834.15$16,173
Apr 201302,22993.964.28$9,546
Mar 201301793.623.91$67
Feb 2013019891.233.42$677
Jan 2013098391.603.42$3,362
Dec 201201,22486.773.42$4,186
Nov 201201,63286.953.62$5,916
Oct 201202,32689.383.40$7,908
Sep 201202,79194.672.92$8,145
Aug 2012010,27392.662.91$29,876
Jul 201208,67885.133.02$26,215
Jun 201208,54679.822.52$21,528
May 201208,64991.612.49$21,521
Apr 201203,890101.652.00$7,768
Mar 201203,652105.052.22$8,115
Feb 201203,732101.102.57$9,592
Jan 201203,54798.092.73$9,698
Dec 201103,89796.873.24$12,625
Nov 201105,20095.723.31$17,219
Oct 201104,35784.983.65$15,897
Sep 2011010283.623.99$407
Aug 20110083.404.15$0
Jul 20110094.144.52$0
Jun 20110092.904.64$0
May 2011010598.134.40$463
Apr 201100105.964.33$0
Mar 201108896.364.06$357
Feb 20110085.644.18$0
Jan 20110086.504.59$0
Dec 20100085.734.35$0
Nov 20100080.843.80$0
Oct 20100078.103.51$0
Sep 201001,82172.633.98$7,247
Aug 201003,54473.684.42$15,662
Jul 201002,50672.554.74$11,870
Jun 201001,76970.364.91$8,687
May 201003,72571.124.24$15,776
Apr 201003,87081.694.12$15,955
Mar 201004,05978.394.39$17,814
Feb 201004,10873.585.44$22,357
Jan 201004,06174.365.96$24,220
Dec 200904,45171.445.48$24,408
Nov 200904,31474.593.75$16,184
Oct 200904,53172.544.11$18,624
Sep 200904,49665.543.06$13,779
Aug 200904,75267.423.22$15,294
Jul 200905,06061.133.46$17,530
Jun 200905,08066.163.90$19,787
May 200904,45254.743.93$17,477
Apr 200904,24246.773.59$15,218
Mar 200905,12042.144.06$20,782
Feb 200914,30532.814.63$19,978
Jan 200905,46435.865.37$29,347
Dec 200805,29837.105.98$31,667
Nov 200805,71155.496.86$39,180
Oct 200805,15675.246.92$35,690
Sep 200805,529101.767.88$43,552
Aug 200806,357114.228.48$53,927
Jul 200806,937131.0811.39$79,008
Jun 200808,269131.3313.03$107,767
May 200808,326123.1711.57$96,368
Apr 2008010,023110.3110.45$104,789
Mar 2008015,252101.909.66$147,396
Feb 200807,86292.538.77$68,954
Jan 20080090.388.21$0
Dec 20070088.337.30$0
Nov 20070091.677.29$0
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
May 20070058.747.85$0
Apr 20070059.617.81$0
Mar 20070056.927.30$0
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.

May 2026 — as filed, then multipliedworked
Condensate             0 bbl  × $106.41 =         $0
Gas                1,062 Mcf  × $  3.05 =     $3,235

────────────────────────────────────────────────────
Month total                                   $3,235

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/247367 is the state's own key, not one this site invented.