CORNERSTONE

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 250222District 09Field 65280200GasSaveExport
Value, all time
$3.6 M
May 2008 – May 2026
Value, last 12 filed months
$69 k
at the published price for each month
Months reported
217
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
GasProduction774,373 Mcf$3,608,280
Total$3,608,280

Every month this lease reported (217)

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

217 months

May 20261,567106.413.05$4,773
Apr 20261,55398.932.87$4,457
Mar 20261,58389.753.15$4,986
Feb 20261,35163.503.75$5,067
Jan 20261,62059.138.00$12,957
Dec 20251,62056.664.41$7,150
Nov 20251,48458.593.93$5,827
Oct 20251,58859.383.30$5,248
Sep 20251,46762.743.08$4,514
Aug 20251,41163.933.01$4,254
Jul 20251,62566.743.32$5,387
Jun 20251,46466.483.13$4,580
May 20251,61460.553.23$5,217
Apr 20251,56262.363.54$5,534
Mar 20251,61967.704.27$6,910
Feb 20251,71070.884.34$7,423
Jan 20251,57674.324.28$6,743
Dec 20241,56568.993.12$4,885
Nov 20241,66169.052.20$3,652
Oct 20241,93471.372.28$4,412
Sep 20241,29069.612.36$3,050
Aug 20241,65375.632.06$3,411
Jul 20241,83279.932.15$3,933
Jun 20241,77478.082.63$4,673
May 20242,33078.812.20$5,122
Apr 20241,25984.451.66$2,089
Mar 20241,77080.301.55$2,735
Feb 20241,54576.091.78$2,756
Jan 20241,97273.023.30$6,503
Dec 20231,80371.262.61$4,707
Nov 20231,53977.892.81$4,321
Oct 20232,03585.443.09$6,283
Sep 20231,94789.042.74$5,325
Aug 20232,38380.522.67$6,369
Jul 20231,67974.852.64$4,436
Jun 20231,61768.962.26$3,652
May 20231,72570.622.23$3,842
Apr 20231,80078.122.24$4,028
Mar 20231,83572.852.39$4,391
Feb 20231,77575.112.47$4,377
Jan 20231,88176.533.39$6,372
Dec 20221,83076.415.73$10,484
Nov 20221,94385.005.65$10,971
Oct 20222,19687.185.86$12,877
Sep 20222,66184.888.16$21,724
Aug 20223,28394.529.13$29,964
Jul 202210101.587.54$75
Jun 2022748115.097.98$5,967
May 20222,197109.378.43$18,527
Apr 20221,985104.226.84$13,573
Mar 20221,994108.885.08$10,122
Feb 20221,82791.054.86$8,877
Jan 20222,14281.844.54$9,720
Dec 20212,19971.323.90$8,574
Nov 20211,95077.435.24$10,212
Oct 20212,20079.795.71$12,571
Sep 20212,06569.865.35$11,050
Aug 20211,81766.024.22$7,669
Jul 20211,80570.783.98$7,188
Jun 20211,84269.493.38$6,227
May 20211,97963.483.02$5,972
Apr 20211,67060.362.76$4,607
Mar 20211,89561.302.72$5,149
Feb 20211,76657.805.55$9,798
Jan 20211,91950.412.81$5,393
Dec 20201,87744.642.68$5,022
Nov 20201,79238.772.71$4,850
Oct 20201,92036.972.48$4,759
Sep 20201,81237.091.99$3,608
Aug 20201,94839.982.39$4,646
Jul 20201,68538.371.83$3,075
Jun 20201,91834.901.69$3,242
May 20202,02416.921.81$3,673
Apr 20201,81414.751.80$3,273
Mar 20201,97130.341.86$3,659
Feb 20202,07849.881.98$4,116
Jan 20202,15257.252.09$4,508
Dec 20192,15159.012.30$4,957
Nov 20192,16855.302.75$5,964
Oct 20192,33553.472.42$5,647
Sep 20191,92655.052.66$5,118
Aug 20192,22653.112.30$5,130
Jul 20191,97456.272.46$4,856
Jun 20192,21552.782.49$5,518
May 20192,20758.482.74$6,048
Apr 20192,14662.632.75$5,903
Mar 20192,33656.803.06$7,153
Feb 20192,14850.852.79$5,998
Jan 20192,48746.033.23$8,028
Dec 20182,26546.594.19$9,480
Nov 20182,22152.934.24$9,411
Oct 20182,25761.443.40$7,669
Sep 20182,63159.543.11$8,177
Aug 20182,99759.403.07$9,190
Jul 20182,81265.142.93$8,244
Jun 20182,98660.183.08$9,188
May 20183,32065.382.90$9,631
Apr 20183,27163.842.90$9,489
Mar 20183,85761.222.79$10,749
Feb 20183,03461.782.77$8,392
Jan 20183,52662.874.01$14,137
Dec 20173,72557.272.92$10,883
Nov 20173,37455.423.12$10,521
Oct 20173,38449.292.98$10,097
Sep 20172,73447.523.09$8,441
Aug 20172,83845.373.00$8,526
Jul 20173,02643.873.09$9,342
Jun 20172,87142.493.09$8,864
May 20173,47045.373.26$11,324
Apr 20173,05047.933.21$9,795
Mar 20173,24746.772.98$9,688
Feb 20173,34950.452.95$9,888
Jan 20172,84549.413.42$9,726
Dec 20162,50148.763.72$9,311
Nov 20163,62042.492.64$9,573
Oct 20163,74446.193.09$11,570
Sep 20163,79041.553.10$11,751
Aug 20163,76841.442.92$11,019
Jul 20163,81841.622.92$11,165
Jun 20163,91245.352.69$10,507
May 20164,20342.521.99$8,368
Apr 20164,07236.561.99$8,108
Mar 20164,22333.011.79$7,576
Feb 20163,32726.472.06$6,866
Jan 20163,79827.352.36$8,980
Dec 20154,53232.362.00$9,070
Nov 20154,41238.792.17$9,562
Oct 20153,95843.552.43$9,604
Sep 20153,57242.992.76$9,853
Aug 20154,02740.162.87$11,568
Jul 20154,10448.152.95$12,087
Jun 20153,78456.152.88$10,909
May 20154,29855.212.96$12,703
Apr 20154,42149.822.71$11,966
Mar 20153,90642.892.93$11,463
Feb 20153,08044.662.98$9,167
Jan 20154,64343.433.10$14,396
Dec 20144,45354.693.59$15,992
Nov 20145,37970.464.25$22,871
Oct 20144,32978.303.90$16,887
Sep 20144,47886.164.05$18,115
Aug 20145,07189.394.04$20,462
Jul 20146,42296.564.18$26,841
Jun 20145,79798.164.74$27,460
May 20147,43594.734.73$35,142
Apr 20147,74895.944.81$37,261
Mar 20143,99095.895.06$20,177
Feb 201429197.406.19$1,802
Jan 201468390.404.86$3,320
Dec 20132,45891.824.35$10,703
Nov 20131,38488.853.74$5,174
Oct 20132,03697.423.78$7,695
Sep 20131,852104.113.72$6,885
Aug 20132,192104.253.52$7,722
Jul 20131,929102.523.72$7,172
Jun 20132,31294.403.93$9,094
May 20132,82294.834.15$11,709
Apr 20132,85293.964.28$12,214
Mar 20131,83093.623.91$7,161
Feb 20132,66291.233.42$9,104
Jan 20133,13391.603.42$10,715
Dec 20124,08186.773.42$13,958
Nov 20124,10986.953.62$14,895
Oct 20122,75989.383.40$9,380
Sep 20122,45794.672.92$7,171
Aug 20123,19992.662.91$9,303
Jul 20122,75885.133.02$8,331
Jun 20122,15879.822.52$5,436
May 20122,28191.612.49$5,676
Apr 20123,108101.652.00$6,206
Mar 20123,594105.052.22$7,986
Feb 20123,600101.102.57$9,253
Jan 20122,76398.092.73$7,554
Dec 20113,59896.873.24$11,657
Nov 20111,94595.723.31$6,440
Oct 20113,59284.983.65$13,106
Sep 20112,63983.623.99$10,519
Aug 20113,54083.404.15$14,689
Jul 20114,02694.144.52$18,186
Jun 20113,63192.904.64$16,847
May 20113,97098.134.40$17,487
Apr 20113,433105.964.33$14,876
Mar 20113,22596.364.06$13,085
Feb 20112,96585.644.18$12,394
Jan 20113,01786.504.59$13,844
Dec 20103,62685.734.35$15,765
Nov 20103,74980.843.80$14,229
Oct 20104,17578.103.51$14,650
Sep 20104,57372.633.98$18,198
Aug 20105,22273.684.42$23,078
Jul 20104,75472.554.74$22,517
Jun 20104,78670.364.91$23,501
May 20105,63371.124.24$23,857
Apr 20106,39181.694.12$26,348
Mar 20106,92278.394.39$30,378
Feb 20106,22373.585.44$33,868
Jan 20107,22574.365.96$43,091
Dec 20096,51471.445.48$35,721
Nov 20095,02374.593.75$18,844
Oct 20094,94472.544.11$20,321
Sep 20095,91065.543.06$18,113
Aug 20095,64667.423.22$18,172
Jul 20095,92061.133.46$20,510
Jun 20097,90966.163.90$30,806
May 20096,17354.743.93$24,234
Apr 20096,97446.773.59$25,019
Mar 20099,87242.144.06$40,070
Feb 20099,32732.814.63$43,212
Jan 200911,30335.865.37$60,708
Dec 200811,43437.105.98$68,343
Nov 200813,48255.496.86$92,491
Oct 200814,10475.246.92$97,628
Sep 200815,313101.767.88$120,622
Aug 200817,212114.228.48$146,010
Jul 200816,646131.0811.39$189,588
Jun 200826,944131.3313.03$351,151
May 200819,604123.1711.57$226,902

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                1,567 Mcf  × $  3.05 =     $4,773

────────────────────────────────────────────────────
Month total                                   $4,773

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/250222 is the state's own key, not one this site invented.