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 248143District 09Field 65280200CondensateGasSaveExport
Value, all time
$5.3 M
Jun 2007 – May 2026
Value, last 12 filed months
$264 k
at the published price for each month
Months reported
219
9 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
CondensateDisposition8,078 bbl$523,986
GasProduction1,247,495 Mcf$4,742,733
Total$5,266,719

Every month this lease reported (219)

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

219 months

May 2026696,525106.413.05$27,216
Apr 202606,31598.932.87$18,122
Mar 202606,32289.753.15$19,911
Feb 202605,27863.503.75$19,794
Jan 202605,39659.138.00$43,157
Dec 2025226,31056.664.41$29,095
Nov 2025506,33558.593.93$27,804
Oct 202506,73159.383.30$22,245
Sep 2025466,22162.743.08$22,028
Aug 202503,31863.933.01$10,003
Jul 2025133,92066.743.32$13,863
Jun 202503,46266.483.13$10,832
May 202504,49860.553.23$14,539
Apr 202503,76362.363.54$13,333
Mar 2025204,57067.704.27$20,860
Feb 202503,65170.884.34$15,848
Jan 2025364,38374.324.28$21,429
Dec 202404,64268.993.12$14,489
Nov 2024454,72169.052.20$13,486
Oct 202405,10271.372.28$11,640
Sep 202403,77669.612.36$8,928
Aug 2024334,69275.632.06$12,178
Jul 202405,76879.932.15$12,382
Jun 202406,38578.082.63$16,818
May 2024187,17678.812.20$17,195
Apr 2024356,69984.451.66$14,071
Mar 202407,16880.301.55$11,075
Feb 202406,92076.091.78$12,343
Jan 2024827,05573.023.30$29,253
Dec 202306,89771.262.61$18,006
Nov 2023546,75077.892.81$23,157
Oct 202306,92385.443.09$21,373
Sep 202306,99789.042.74$19,137
Aug 202307,01480.522.67$18,748
Jul 2023296,45674.852.64$19,226
Jun 2023346,74468.962.26$17,576
May 2023237,26870.622.23$17,813
Apr 202307,10978.122.24$15,908
Mar 2023467,09772.852.39$20,335
Feb 202306,65975.112.47$16,419
Jan 2023487,11176.533.39$27,764
Dec 202207,23076.415.73$41,421
Nov 2022437,03985.005.65$43,399
Oct 202277,37387.185.86$43,844
Sep 202207,14084.888.16$58,289
Aug 2022397,79894.529.13$74,860
Jul 202207,911101.587.54$59,665
Jun 2022517,690115.097.98$67,214
May 2022107,900109.378.43$67,715
Apr 2022147,130104.226.84$50,211
Mar 2022397,811108.885.08$43,898
Feb 2022227,00391.054.86$36,030
Jan 202208,33381.844.54$37,812
Dec 2021287,72071.323.90$32,098
Nov 202107,37377.435.24$38,611
Oct 2021368,18079.795.71$49,612
Sep 2021557,77969.865.35$45,467
Aug 202108,12566.024.22$34,292
Jul 2021478,05370.783.98$35,394
Jun 202107,21169.493.38$24,378
May 2021457,92763.483.02$26,778
Apr 202107,79960.362.76$21,513
Mar 202108,11561.302.72$22,048
Feb 2021547,60157.805.55$45,291
Jan 202108,33150.412.81$23,412
Dec 2020568,02544.642.68$23,970
Nov 2020507,78638.772.71$23,012
Oct 202008,38536.972.48$20,782
Sep 202008,13037.091.99$16,187
Aug 2020508,50539.982.39$22,284
Jul 202008,68738.371.83$15,855
Jun 2020437,86034.901.69$14,787
May 2020468,75216.921.81$16,661
Apr 202007,71714.751.80$13,924
Mar 20203111,22330.341.86$21,773
Feb 2020447,68049.881.98$17,406
Jan 2020858,38057.252.09$22,420
Dec 201907,80759.012.30$17,990
Nov 201907,65655.302.75$21,059
Oct 2019787,83653.472.42$23,122
Sep 2019437,71355.052.66$22,863
Aug 2019417,92453.112.30$20,437
Jul 201907,96256.272.46$19,587
Jun 2019447,86852.782.49$21,923
May 2019418,60258.482.74$25,970
Apr 201908,24262.632.75$22,671
Mar 2019458,53556.803.06$28,691
Feb 2019417,34650.852.79$22,597
Jan 2019428,01446.033.23$27,804
Dec 201808,59046.594.19$35,953
Nov 2018438,24552.934.24$37,212
Oct 201808,32961.443.40$28,303
Sep 201808,13959.543.11$25,296
Aug 2018438,69659.403.07$29,221
Jul 2018428,78365.142.93$28,487
Jun 2018408,42560.183.08$28,330
May 201808,98265.382.90$26,055
Apr 2018408,62763.842.90$27,579
Mar 2018439,81761.222.79$29,991
Feb 2018459,39561.782.77$28,768
Jan 2018919,76462.874.01$44,868
Dec 2017439,36657.272.92$29,826
Nov 201708,58555.423.12$26,771
Oct 2017357,02049.292.98$22,671
Sep 2017153,33247.523.09$11,000
Aug 20170045.373.00$0
Jul 20170043.873.09$0
Jun 20170042.493.09$0
May 20170045.373.26$0
Apr 20170047.933.21$0
Mar 20170046.772.98$0
Feb 20170050.452.95$0
Jan 201703649.413.42$123
Dec 20160048.763.72$0
Nov 20160042.492.64$0
Oct 20160046.193.09$0
Sep 20160041.553.10$0
Aug 201603441.442.92$99
Jul 2016010541.622.92$307
Jun 20160045.352.69$0
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 20151040.162.87$40
Jul 20150048.152.95$0
Jun 20150056.152.88$0
May 20150055.212.96$0
Apr 20153049.822.71$149
Mar 201526742.892.93$282
Feb 201509744.662.98$289
Jan 2015227443.433.10$936
Dec 2014125354.693.59$963
Nov 20141070.464.25$70
Oct 201408778.303.90$339
Sep 2014040586.164.05$1,638
Aug 2014051389.394.04$2,070
Jul 2014021796.564.18$907
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 201300104.113.72$0
Aug 201300104.253.52$0
Jul 201300102.523.72$0
Jun 20130094.403.93$0
May 20138094.834.15$759
Apr 20135093.964.28$470
Mar 20130093.623.91$0
Feb 20139091.233.42$821
Jan 2013111091.603.42$1,042
Dec 2012261386.773.42$2,300
Nov 201272986.953.62$714
Oct 201215189.383.40$1,344
Sep 201230494.672.92$2,852
Aug 20124222792.662.91$4,552
Jul 2012384685.133.02$3,374
Jun 2012478,11079.822.52$24,181
May 201212714,05891.612.49$46,615
Apr 20124413,244101.652.00$30,918
Mar 201213612,160105.052.22$41,307
Feb 20129111,248101.102.57$38,110
Jan 201214812,01698.092.73$47,370
Dec 20115015,31396.873.24$54,454
Nov 2011411,27295.723.31$37,708
Oct 20114684.983.65$362
Sep 20111483.623.99$100
Aug 20110083.404.15$0
Jul 20112194.144.52$193
Jun 20112192.904.64$190
May 20117198.134.40$691
Apr 2011300105.964.33$3,179
Mar 201124796.364.06$2,341
Feb 2011405,32285.644.18$25,671
Jan 2011162,98486.504.59$15,077
Dec 2010813,08885.734.35$20,370
Nov 2010856,53180.843.80$31,659
Oct 20102310,33778.103.51$38,068
Sep 2010821,41872.633.98$11,599
Aug 2010428173.684.42$1,537
Jul 201007572.554.74$355
Jun 20101170.364.91$75
May 201053171.124.24$3,774
Apr 20103668481.694.12$5,761
Mar 2010578678.394.39$4,846
Feb 2010316273.585.44$2,618
Jan 2010692574.365.96$5,280
Dec 20091224,52071.445.48$33,502
Nov 20091912,31074.593.75$47,598
Oct 20091463,68772.544.11$25,745
Sep 20099217,82765.543.06$60,665
Aug 200912320,59167.423.22$74,565
Jul 200915422,29061.133.46$86,638
Jun 200915422,13966.163.90$96,420
May 200919727,50954.743.93$118,777
Apr 200929624,45146.773.59$101,562
Mar 200926227,02542.144.06$120,735
Feb 200938129,83232.814.63$150,712
Jan 200938135,44535.865.37$204,038
Dec 200847832,94537.105.98$214,651
Nov 200844332,93355.496.86$250,514
Oct 200863338,89875.246.92$316,878
Sep 20081968,838101.767.88$89,563
Aug 20085272114.228.48$6,550
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 – Jul 2008 (9 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            69 bbl  × $106.41 =     $7,342
Gas                6,525 Mcf  × $  3.05 =    $19,874

────────────────────────────────────────────────────
Month total                                  $27,216

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/248143 is the state's own key, not one this site invented.