SILVER BULLET

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 248152District 09Field 65280200CondensateGasSaveExport
Value, all time
$4.4 M
Jul 2008 – May 2026
Value, last 12 filed months
$104 k
at the published price for each month
Months reported
215
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
CondensateDisposition6,198 bbl$425,380
GasProduction1,028,969 Mcf$4,021,424
Total$4,446,805

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 202602,480106.413.05$7,554
Apr 202692,28698.932.87$7,451
Mar 2026211,92489.753.15$7,944
Feb 202601,84963.503.75$6,934
Jan 202601,84259.138.00$14,732
Dec 202502,29156.664.41$10,111
Nov 2025172,21658.593.93$9,697
Oct 202502,23459.383.30$7,383
Sep 2025552,15562.743.08$10,081
Aug 2025152,19563.933.01$7,576
Jul 202502,28266.743.32$7,565
Jun 202502,22766.483.13$6,968
May 2025162,37760.553.23$8,652
Apr 202502,29262.363.54$8,121
Mar 2025142,45167.704.27$11,409
Feb 202501,80570.884.34$7,835
Jan 2025181,81374.324.28$9,095
Dec 202402,57468.993.12$8,034
Nov 202407,18269.052.20$15,789
Oct 2024153,14971.372.28$8,255
Sep 202404,11469.612.36$9,727
Aug 202403,20475.632.06$6,612
Jul 202403,31679.932.15$7,118
Jun 2024173,12178.082.63$9,548
May 202405,03478.812.20$11,067
Apr 202402,92984.451.66$4,860
Mar 202403,20480.301.55$4,951
Feb 2024232,93576.091.78$6,985
Jan 202403,06573.023.30$10,107
Dec 202303,26371.262.61$8,519
Nov 2023313,14977.892.81$11,256
Oct 202303,18385.443.09$9,827
Sep 202303,16589.042.74$8,656
Aug 202303,00180.522.67$8,021
Jul 202305,78774.852.64$15,288
Jun 202304,72168.962.26$10,662
May 202304,49670.622.23$10,014
Apr 202305,33078.122.24$11,927
Mar 2023305,72772.852.39$15,891
Feb 202305,21875.112.47$12,866
Jan 202306,32576.533.39$21,427
Dec 202205,82976.415.73$33,395
Nov 2022256,21285.005.65$37,199
Oct 202206,28387.185.86$36,842
Sep 202205,46384.888.16$44,598
Aug 202206,20794.529.13$56,652
Jul 202205,538101.587.54$41,768
Jun 202205,307115.097.98$42,335
May 202205,597109.378.43$47,200
Apr 202204,941104.226.84$33,785
Mar 2022323,307108.885.08$20,272
Feb 202202,81191.054.86$13,658
Jan 2022113,33581.844.54$16,033
Dec 202103,30971.323.90$12,902
Nov 2021193,24477.435.24$18,460
Oct 202134,00279.795.71$23,106
Sep 2021104,02769.865.35$22,247
Aug 202103,61566.024.22$15,257
Jul 202103,63670.783.98$14,479
Jun 202103,50369.493.38$11,842
May 2021403,59663.483.02$13,391
Apr 202103,54860.362.76$9,787
Mar 2021373,52961.302.72$11,856
Feb 202102,82957.805.55$15,695
Jan 202103,78050.412.81$10,623
Dec 202003,72644.642.68$9,969
Nov 202003,62538.772.71$9,811
Oct 2020403,75336.972.48$10,780
Sep 202003,43037.091.99$6,829
Aug 202003,59339.982.39$8,570
Jul 202003,75038.371.83$6,844
Jun 202003,62034.901.69$6,119
May 2020373,72616.921.81$7,388
Apr 202003,73714.751.80$6,743
Mar 202003,79930.341.86$7,052
Feb 2020413,69849.881.98$9,370
Jan 2020373,75757.252.09$9,988
Dec 201903,85659.012.30$8,886
Nov 201903,66455.302.75$10,079
Oct 201903,76653.472.42$9,108
Sep 201903,91355.052.66$10,398
Aug 201903,86753.112.30$8,911
Jul 201903,62456.272.46$8,915
Jun 201903,74252.782.49$9,322
May 2019373,84558.482.74$12,700
Apr 201903,74262.632.75$10,293
Mar 2019393,90656.803.06$14,176
Feb 201903,50650.852.79$9,790
Jan 2019573,69846.033.23$14,562
Dec 2018163,84546.594.19$16,838
Nov 201803,77452.934.24$15,991
Oct 201803,82861.443.40$13,008
Sep 201803,93159.543.11$12,218
Aug 2018294,06959.403.07$14,200
Jul 201803,77165.142.93$11,056
Jun 2018163,59060.183.08$12,009
May 2018303,51065.382.90$12,143
Apr 201803,54363.842.90$10,278
Mar 2018313,70161.222.79$12,212
Feb 2018303,38261.782.77$11,208
Jan 2018303,71062.874.01$16,761
Dec 201703,90157.272.92$11,397
Nov 2017234,09955.423.12$14,057
Oct 201704,02949.292.98$12,021
Sep 2017464,46747.523.09$15,977
Aug 201704,71845.373.00$14,175
Jul 201704,88943.873.09$15,094
Jun 2017134,64942.493.09$14,905
May 201704,91545.373.26$16,040
Apr 201704,87547.933.21$15,657
Mar 2017175,31146.772.98$16,641
Feb 201704,70050.452.95$13,877
Jan 2017313,95549.413.42$15,053
Dec 2016334,60448.763.72$18,749
Nov 201604,22042.492.64$11,159
Oct 2016344,93846.193.09$16,830
Sep 201605,06041.553.10$15,689
Aug 201604,24641.442.92$12,417
Jul 201604,84441.622.92$14,166
Jun 201604,72845.352.69$12,699
May 2016584,75842.521.99$11,940
Apr 2016904,54336.561.99$12,336
Mar 201613,49433.011.79$6,301
Feb 2016702,24826.472.06$6,492
Jan 201603,50327.352.36$8,282
Dec 2015564,23532.362.00$10,288
Nov 2015403,74038.792.17$9,657
Oct 201502,91943.552.43$7,083
Sep 201504,10142.992.76$11,312
Aug 201504,35340.162.87$12,504
Jul 2015374,40248.152.95$14,746
Jun 2015444,44956.152.88$15,296
May 201504,67055.212.96$13,802
Apr 201574,06449.822.71$11,348
Mar 201514,62942.892.93$13,628
Feb 201503,16144.662.98$9,408
Jan 201543,94143.433.10$12,393
Dec 201463,91454.693.59$14,385
Nov 201404,54570.464.25$19,325
Oct 2014145,21178.303.90$21,424
Sep 2014224,95686.164.05$21,945
Aug 201405,14389.394.04$20,753
Jul 2014595,93396.564.18$30,495
Jun 201404,57898.164.74$21,685
May 2014532,58994.734.73$17,258
Apr 2014088495.944.81$4,251
Mar 201412081495.895.06$15,623
Feb 20147746797.406.19$10,391
Jan 2014401,49890.404.86$10,897
Dec 2013062691.824.35$2,726
Nov 20134887888.853.74$7,547
Oct 2013471,03097.423.78$8,471
Sep 201301,719104.113.72$6,391
Aug 2013824,299104.253.52$23,692
Jul 201321,353102.523.72$5,235
Jun 2013291,32394.403.93$7,942
May 2013291,56994.834.15$9,260
Apr 20133392693.964.28$7,066
Mar 2013282,23393.623.91$11,359
Feb 201301,06991.233.42$3,656
Jan 20132590291.603.42$5,375
Dec 2012362,86186.773.42$12,909
Nov 2012412,83986.953.62$13,856
Oct 2012443,66589.383.40$16,393
Sep 2012304,09894.672.92$14,800
Aug 2012442,45792.662.91$11,222
Jul 2012903,10585.133.02$17,041
Jun 201203,57979.822.52$9,016
May 201204,82791.612.49$12,011
Apr 2012432,560101.652.00$9,483
Mar 2012715,097105.052.22$18,784
Feb 2012355,955101.102.57$18,844
Jan 2012635,65898.092.73$21,649
Dec 201105,79096.873.24$18,758
Nov 201103,18695.723.31$10,550
Oct 2011774,16784.983.65$21,747
Sep 2011384,94183.623.99$22,871
Aug 2011375,50983.404.15$25,944
Jul 2011395,19594.144.52$27,139
Jun 2011913,99992.904.64$27,009
May 201109,89298.134.40$43,572
Apr 201104,495105.964.33$19,478
Mar 20111547,39396.364.06$44,835
Feb 201105,18285.644.18$21,661
Jan 201107,15286.504.59$32,819
Dec 20101248,60185.734.35$48,026
Nov 20101077,60780.843.80$37,521
Oct 201007,99978.103.51$28,068
Sep 20101807,80072.633.98$44,113
Aug 201017,78373.684.42$34,470
Jul 2010847,65572.554.74$42,352
Jun 2010778,48170.364.91$47,063
May 2010788,24671.124.24$40,471
Apr 2010797,90181.694.12$39,027
Mar 2010768,64178.394.39$43,880
Feb 2010648,56773.585.44$51,334
Jan 2010668,72174.365.96$56,921
Dec 20091589,90571.445.48$65,604
Nov 200916010,08174.593.75$49,753
Oct 20097511,08272.544.11$50,990
Sep 20097411,40065.543.06$39,788
Aug 20097012,62167.423.22$45,340
Jul 20097213,74461.133.46$52,017
Jun 200913014,53566.163.90$65,215
May 20097815,46254.743.93$64,970
Apr 20099114,79746.773.59$57,340
Mar 20099410,35242.144.06$45,980
Feb 200919413,98932.814.63$71,176
Jan 200918714,16035.865.37$82,759
Dec 200819117,81437.105.98$113,563
Nov 200830719,42255.496.86$150,277
Oct 200820130,32075.246.92$224,998
Sep 2008013,508101.767.88$106,404
Aug 200800114.228.48$0
Jul 200800131.0811.39$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                2,480 Mcf  × $  3.05 =     $7,554

────────────────────────────────────────────────────
Month total                                   $7,554

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/248152 is the state's own key, not one this site invented.