GRACIE 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 250479District 09Field 65280200CondensateGasSaveExport
Value, all time
$5.7 M
Dec 2008 – May 2026
Value, last 12 filed months
$329 k
at the published price for each month
Months reported
210
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
CondensateDisposition4,787 bbl$380,935
GasProduction1,471,878 Mcf$5,274,344
Total$5,655,279

Every month this lease reported (210)

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

210 months

May 202608,517106.413.05$25,941
Apr 202658,18598.932.87$23,983
Mar 202608,49789.753.15$26,761
Feb 202607,89863.503.75$29,620
Jan 202607,75059.138.00$61,984
Dec 202508,32456.664.41$36,737
Nov 202508,29858.593.93$32,582
Oct 202508,99159.383.30$29,714
Sep 202507,90762.743.08$24,329
Aug 202508,38163.933.01$25,267
Jul 202502,34266.743.32$7,764
Jun 202501,24066.483.13$3,880
May 20251111,86060.553.23$12,733
Apr 202591,76562.363.54$6,815
Mar 202501,47467.704.27$6,292
Feb 2025489770.884.34$4,177
Jan 2025389474.324.28$4,048
Dec 20245585468.993.12$6,460
Nov 202401,62469.052.20$3,570
Oct 202402,12871.372.28$4,855
Sep 202457,36169.612.36$17,752
Aug 202402,54275.632.06$5,246
Jul 2024580379.932.15$2,123
Jun 2024080078.082.63$2,107
May 2024480078.812.20$2,074
Apr 2024113,46884.451.66$6,683
Mar 2024223,07980.301.55$6,524
Feb 2024541,25876.091.78$6,353
Jan 202478,02273.023.30$26,965
Dec 202345,30071.262.61$14,122
Nov 202304,99177.892.81$14,013
Oct 202305,44785.443.09$16,816
Sep 202324,14589.042.74$11,515
Aug 202304,55880.522.67$12,183
Jul 202304,21074.852.64$11,122
Jun 2023443,73268.962.26$11,463
May 202385,18570.622.23$12,114
Apr 202347,32578.122.24$16,704
Mar 2023138,62072.852.39$21,576
Feb 202398,56575.112.47$21,795
Jan 2023667,99476.533.39$32,132
Dec 202268,57476.415.73$49,580
Nov 202208,78585.005.65$49,602
Oct 2022304,47087.185.86$28,826
Sep 202252,77784.888.16$23,095
Aug 202204,60994.529.13$42,067
Jul 2022122,137101.587.54$17,336
Jun 2022951,295115.097.98$21,264
May 2022194,996109.378.43$44,210
Apr 2022156,351104.226.84$44,989
Mar 202256,203108.885.08$32,033
Feb 202256,96891.054.86$34,312
Jan 2022588,73681.844.54$44,388
Dec 202109,30171.323.90$36,266
Nov 202105,54777.435.24$29,049
Oct 202175,97679.795.71$34,705
Sep 202104,94769.865.35$26,471
Aug 202106,93266.024.22$29,257
Jul 202107,77070.783.98$30,941
Jun 2021105,92869.493.38$20,735
May 202106,20763.483.02$18,731
Apr 202107,22860.362.76$19,938
Mar 202103,83861.302.72$10,428
Feb 202104,01357.805.55$22,264
Jan 202105,15950.412.81$14,498
Dec 202005,42544.642.68$14,514
Nov 202015,71338.772.71$15,501
Oct 202016,34936.972.48$15,773
Sep 202005,99937.091.99$11,944
Aug 202066,11639.982.39$14,827
Jul 202002,92138.371.83$5,331
Jun 202066,52234.901.69$11,234
May 202006,45316.921.81$11,711
Apr 202006,29314.751.80$11,355
Mar 2020186,80230.341.86$13,172
Feb 202006,91049.881.98$13,686
Jan 2020397,75957.252.09$18,486
Dec 201907,85459.012.30$18,098
Nov 2019318,01555.302.75$23,761
Oct 201907,68453.472.42$18,584
Sep 2019347,98355.052.66$23,085
Aug 201909,21253.112.30$21,228
Jul 2019010,17756.272.46$25,036
Jun 2019359,39652.782.49$25,255
May 201909,53658.482.74$26,132
Apr 2019189,00462.632.75$25,895
Mar 201909,13156.803.06$27,960
Feb 201908,40050.852.79$23,455
Jan 2019608,43146.033.23$29,979
Dec 201809,76546.594.19$40,871
Nov 2018609,66652.934.24$44,133
Oct 2018010,31161.443.40$35,038
Sep 2018010,18359.543.11$31,649
Aug 201809,81559.403.07$30,098
Jul 201809,58465.142.93$28,099
Jun 201809,97960.183.08$30,705
May 2018479,39165.382.90$30,314
Apr 201809,12963.842.90$26,481
Mar 201808,24561.222.79$22,978
Feb 201807,92961.782.77$21,933
Jan 2018559,32162.874.01$40,829
Dec 201709,98557.272.92$29,171
Nov 201707,69855.423.12$24,005
Oct 20175610,07749.292.98$32,827
Sep 2017010,51447.523.09$32,460
Aug 2017010,61545.373.00$31,892
Jul 2017010,81643.873.09$33,392
Jun 201707,76142.493.09$23,960
May 2017757,77845.373.26$28,785
Apr 201702,90047.933.21$9,314
Mar 20177192746.772.98$6,087
Feb 201701,09550.452.95$3,233
Jan 2017511,34849.413.42$7,128
Dec 201631,12648.763.72$4,338
Nov 201601,13342.492.64$2,996
Oct 201601,12246.193.09$3,467
Sep 2016098741.553.10$3,060
Aug 201601,06741.442.92$3,120
Jul 201681,24041.622.92$3,959
Jun 2016034845.352.69$935
May 20160042.521.99$0
Apr 20160036.561.99$0
Mar 20160033.011.79$0
Feb 20168026.472.06$212
Jan 20160027.352.36$0
Dec 20150032.362.00$0
Nov 20150038.792.17$0
Oct 20150043.552.43$0
Sep 201525042.992.76$1,075
Aug 20150040.162.87$0
Jul 20150048.152.95$0
Jun 20150056.152.88$0
May 20150055.212.96$0
Apr 20150149.822.71$3
Mar 2015023742.892.93$696
Feb 2015591,03644.662.98$5,718
Jan 2015098243.433.10$3,045
Dec 201401,06354.693.59$3,818
Nov 201401,16370.464.25$4,945
Oct 2014361,15678.303.90$7,328
Sep 201401,07786.164.05$4,357
Aug 201401,13489.394.04$4,576
Jul 201441,16596.564.18$5,255
Jun 201401,14098.164.74$5,400
May 201401,17394.734.73$5,544
Apr 201401,32995.944.81$6,391
Mar 201401,42395.895.06$7,196
Feb 2014161,16497.406.19$8,766
Jan 201401,48190.404.86$7,199
Dec 201301,53191.824.35$6,667
Nov 2013402,79288.853.74$13,991
Oct 2013272,26897.423.78$11,202
Sep 201301,965104.113.72$7,305
Aug 201301,877104.253.52$6,612
Jul 2013801,787102.523.72$14,845
Jun 20131022,86994.403.93$20,914
May 2013015,90294.834.15$65,979
Apr 20131416,22693.964.28$70,805
Mar 201312116,76093.623.91$76,908
Feb 2013015,79691.233.42$54,021
Jan 201313710,40291.603.42$48,123
Dec 2012017,41986.773.42$59,576
Nov 20127917,87186.953.62$71,651
Oct 201210618,78989.383.40$73,351
Sep 20121117,72494.672.92$52,767
Aug 20124520,37492.662.91$63,421
Jul 2012019,43385.133.02$58,703
Jun 20125818,87779.822.52$52,181
May 20126514,79291.612.49$42,762
Apr 201213111,803101.652.00$36,884
Mar 2012015,578105.052.22$34,616
Feb 20126015,897101.102.57$46,925
Jan 2012015,22498.092.73$41,624
Dec 20115216,10096.873.24$57,197
Nov 2011016,64295.723.31$55,106
Oct 20115017,96984.983.65$69,810
Sep 20116517,86183.623.99$76,626
Aug 201113418,79383.404.15$89,154
Jul 2011319,38494.144.52$87,845
Jun 201112817,84992.904.64$94,708
May 201112119,92798.134.40$99,649
Apr 201111019,513105.964.33$96,211
Mar 20119920,83496.364.06$94,070
Feb 2011421,05485.644.18$88,348
Jan 201112222,04986.504.59$111,731
Dec 201011522,37885.734.35$107,153
Nov 201020221,21180.843.80$96,832
Oct 20109723,30578.103.51$89,350
Sep 201019621,12072.633.98$98,282
Aug 201010624,97273.684.42$118,170
Jul 201033727,79872.554.74$156,114
Jun 201012933,55270.364.91$173,830
May 201010644,16971.124.24$194,604
Apr 20100081.694.12$0
Mar 20100078.394.39$0
Feb 20100073.585.44$0
Jan 20100074.365.96$0
Dec 20090071.445.48$0
Nov 20090074.593.75$0
Oct 20090072.544.11$0
Sep 20090065.543.06$0
Aug 20090067.423.22$0
Jul 20090061.133.46$0
Jun 20090066.163.90$0
May 20090054.743.93$0
Apr 20090046.773.59$0
Mar 20090042.144.06$0
Feb 20090032.814.63$0
Jan 20090035.865.37$0
Dec 20080037.105.98$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                8,517 Mcf  × $  3.05 =    $25,941

────────────────────────────────────────────────────
Month total                                  $25,941

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/250479 is the state's own key, not one this site invented.