STATION BRANCH RANCH 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 248135District 09Field 65280200CondensateGasSaveExport
Value, all time
$3.8 M
Jun 2007 – May 2026
Value, last 12 filed months
$58 k
at the published price for each month
Months reported
220
8 months not filed
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
CondensateDisposition5,057 bbl$352,646
GasProduction796,869 Mcf$3,485,537
Total$3,838,183

Every month this lease reported (220)

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

220 months

May 2026201,582106.413.05$6,947
Apr 202601,31798.932.87$3,779
Mar 202601,69089.753.15$5,323
Feb 202601,31363.503.75$4,924
Jan 2026098259.138.00$7,854
Dec 202571,11056.664.41$5,295
Nov 202571,11758.593.93$4,796
Oct 2025066359.383.30$2,191
Sep 202501,06262.743.08$3,268
Aug 202501,17863.933.01$3,551
Jul 2025181,34366.743.32$5,654
Jun 202501,47766.483.13$4,621
May 202501,22660.553.23$3,963
Apr 202501,00562.363.54$3,561
Mar 2025099767.704.27$4,256
Feb 2025085570.884.34$3,711
Jan 202537074.324.28$2,750
Dec 2024073268.993.12$2,285
Nov 202401,15969.052.20$2,548
Oct 202401,36771.372.28$3,119
Sep 202401,09669.612.36$2,591
Aug 2024211,66075.632.06$5,014
Jul 202402,96279.932.15$6,358
Jun 202401,58578.082.63$4,175
May 2024381,36878.812.20$6,002
Apr 202401,42084.451.66$2,356
Mar 202401,22880.301.55$1,897
Feb 202401,23476.091.78$2,201
Jan 20243775573.023.30$5,191
Dec 2023381,22271.262.61$5,898
Nov 202301,00977.892.81$2,833
Oct 202301,28285.443.09$3,958
Sep 202301,37289.042.74$3,752
Aug 202301,38580.522.67$3,702
Jul 2023261,47374.852.64$5,837
Jun 202301,37768.962.26$3,110
May 2023161,21370.622.23$3,832
Apr 202301,39778.122.24$3,126
Mar 2023381,03572.852.39$5,245
Feb 202301,01175.112.47$2,493
Jan 2023097376.533.39$3,296
Dec 2022341,28276.415.73$9,943
Nov 202201,29385.005.65$7,301
Oct 202201,37587.185.86$8,063
Sep 202201,25684.888.16$10,254
Aug 2022341,45694.529.13$16,503
Jul 202201,615101.587.54$12,180
Jun 202201,673115.097.98$13,346
May 202201,733109.378.43$14,614
Apr 2022351,655104.226.84$14,964
Mar 202201,685108.885.08$8,554
Feb 2022391,39591.054.86$10,329
Jan 202201,89281.844.54$8,585
Dec 2021381,97971.323.90$10,427
Nov 202101,92177.435.24$10,060
Oct 202151,90779.795.71$11,295
Sep 202101,50669.865.35$8,058
Aug 202101,72066.024.22$7,259
Jul 202101,57670.783.98$6,276
Jun 202101,54169.493.38$5,210
May 202102,01763.483.02$6,087
Apr 202102,22560.362.76$6,137
Mar 202102,25661.302.72$6,129
Feb 2021271,72657.805.55$11,136
Jan 2021252,01050.412.81$6,909
Dec 202001,94544.642.68$5,204
Nov 2020101,97138.772.71$5,722
Oct 202002,03536.972.48$5,044
Sep 202002,08837.091.99$4,157
Aug 202002,09539.982.39$4,997
Jul 202002,08038.371.83$3,796
Jun 202002,15034.901.69$3,634
May 202002,35616.921.81$4,276
Apr 2020112,25414.751.80$4,229
Mar 202002,27230.341.86$4,217
Feb 202002,00849.881.98$3,977
Jan 202062,11757.252.09$4,778
Dec 201902,12459.012.30$4,894
Nov 201912,13855.302.75$5,936
Oct 201902,00253.472.42$4,842
Sep 201901,83355.052.66$4,871
Aug 201921,96353.112.30$4,630
Jul 201902,05956.272.46$5,065
Jun 201901,89752.782.49$4,726
May 2019472,22058.482.74$8,832
Apr 201902,72662.632.75$7,498
Mar 2019942,94756.803.06$14,363
Feb 201902,44250.852.79$6,819
Jan 201912,70346.033.23$8,772
Dec 201802,69646.594.19$11,284
Nov 201803,07452.934.24$13,025
Oct 201833,76261.443.40$12,968
Sep 201802,97159.543.11$9,234
Aug 2018113,16459.403.07$10,356
Jul 201803,38965.142.93$9,936
Jun 2018373,48560.183.08$12,950
May 201803,91965.382.90$11,368
Apr 2018374,28363.842.90$14,786
Mar 2018373,74361.222.79$12,696
Feb 201802,86561.782.77$7,925
Jan 2018192,98362.874.01$13,154
Dec 2017383,38257.272.92$12,057
Nov 201702,83455.423.12$8,837
Oct 2017433,47749.292.98$12,494
Sep 201702,71147.523.09$8,370
Aug 2017562,57345.373.00$10,271
Jul 2017163,06043.873.09$10,149
Jun 201703,29542.493.09$10,173
May 201703,93345.373.26$12,835
Apr 201774,15147.933.21$13,667
Mar 201701,27546.772.98$3,804
Feb 201781,00550.452.95$3,371
Jan 2017548549.413.42$1,905
Dec 2016586648.763.72$3,468
Nov 2016096942.492.64$2,562
Oct 2016583146.193.09$2,799
Sep 2016085241.553.10$2,642
Aug 201621,36841.442.92$4,083
Jul 201601,27041.622.92$3,714
Jun 2016098645.352.69$2,648
May 2016419842.521.99$564
Apr 201601,93236.561.99$3,847
Mar 20165033.011.79$165
Feb 20167026.472.06$185
Jan 20161378327.352.36$2,207
Dec 2015151,32432.362.00$3,135
Nov 2015131,54038.792.17$3,842
Oct 201501,33543.552.43$3,239
Sep 2015211,01542.992.76$3,703
Aug 2015241,86540.162.87$6,321
Jul 201501,41148.152.95$4,156
Jun 201582,64956.152.88$8,086
May 201541,62755.212.96$5,029
Apr 201582,14349.822.71$6,199
Mar 2015102,03042.892.93$6,386
Feb 201501,62444.662.98$4,833
Jan 2015161,35643.433.10$4,899
Dec 2014151,32854.693.59$5,590
Nov 201401,05270.464.25$4,473
Oct 201431,81678.303.90$7,319
Sep 201401,63586.164.05$6,614
Aug 201421,13889.394.04$4,771
Jul 2014093896.564.18$3,920
Jun 2014413498.164.74$1,027
May 2014942094.734.73$2,838
Apr 201401,16195.944.81$5,583
Mar 20143773595.895.06$7,265
Feb 2014060097.406.19$3,715
Jan 2014411,71590.404.86$12,043
Dec 2013462,12191.824.35$13,460
Nov 2013044288.853.74$1,652
Oct 201351197.423.78$4,972
Sep 201350258104.113.72$6,165
Aug 201301,172104.253.52$4,129
Jul 201301,975102.523.72$7,343
Jun 2013523,83894.403.93$20,005
May 20131235,09094.834.15$32,783
Apr 201305,90293.964.28$25,276
Mar 201305,28893.623.91$20,691
Feb 201303,92591.233.42$13,423
Jan 2013474,73891.603.42$20,509
Dec 201207,70786.773.42$26,359
Nov 201207,04986.953.62$25,552
Oct 201251,61589.383.40$5,937
Sep 2012151,13494.672.92$4,730
Aug 2012191,81292.662.91$7,030
Jul 2012192,49085.133.02$9,139
Jun 201201,81979.822.52$4,582
May 201205,04491.612.49$12,551
Apr 2012526,673101.652.00$18,610
Mar 2012177,205105.052.22$17,796
Feb 2012166,597101.102.57$18,573
Jan 2012135,11298.092.73$15,252
Dec 201107,69396.873.24$24,923
Nov 201157,68195.723.31$25,913
Oct 201103,63284.983.65$13,252
Sep 20110383.623.99$12
Aug 201121,81583.404.15$7,698
Jul 201113,02694.144.52$13,763
Jun 201121,98392.904.64$9,387
May 2011102,41098.134.40$11,597
Apr 2011152,276105.964.33$11,452
Mar 2011131,55896.364.06$7,574
Feb 2011332,04385.644.18$11,366
Jan 201102,03786.504.59$9,347
Dec 201002,64585.734.35$11,500
Nov 2010453,86480.843.80$18,303
Oct 2010468,27278.103.51$32,618
Sep 20101216,54672.633.98$34,838
Aug 2010610,32573.684.42$46,072
Jul 2010591,81572.554.74$12,877
Jun 201057870.364.91$735
May 2010247371.124.24$2,016
Apr 2010229381.694.12$1,371
Mar 2010516,69778.394.39$33,389
Feb 2010536,02873.585.44$36,706
Jan 2010637,73274.365.96$50,799
Dec 20097510,07471.445.48$60,601
Nov 20097613,99974.593.75$58,186
Oct 200915015,09172.544.11$72,909
Sep 20097715,65765.543.06$53,031
Aug 20094015,37767.423.22$52,188
Jul 20097217,37561.133.46$64,597
Jun 200910118,33666.163.90$78,101
May 200914619,52954.743.93$84,658
Apr 200915321,25446.773.59$83,405
Mar 200918426,70942.144.06$116,166
Feb 200916721,90232.814.63$106,951
Jan 200916312,09535.865.37$70,807
Dec 20081637,39537.105.98$50,248
Nov 200828529,65455.496.86$219,252
Oct 200827635,51075.246.92$266,566
Sep 200845138,241101.767.88$347,122
Aug 20089740,627114.228.48$355,719
Jul 200800131.0811.39$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

Not filed, and not zero: Nov 2007 – Jun 2008 (8 months). The Railroad Commission holds no report for those months, so this page shows none — a zero would state that the lease produced nothing.

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            20 bbl  × $106.41 =     $2,128
Gas                1,582 Mcf  × $  3.05 =     $4,819

────────────────────────────────────────────────────
Month total                                   $6,947

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/248135 is the state's own key, not one this site invented.