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 251207District 09Field 65280200CondensateGasSaveExport
Value, all time
$6.4 M
Jun 2007 – May 2026
Value, last 12 filed months
$233 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
CondensateDisposition6,593 bbl$466,346
GasProduction1,474,965 Mcf$5,969,548
Total$6,435,894

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 2026396,175106.413.05$22,958
Apr 202604,89898.932.87$14,056
Mar 202603,88489.753.15$12,232
Feb 202603,56063.503.75$13,351
Jan 202604,92759.138.00$39,406
Dec 2025135,35956.664.41$24,388
Nov 2025155,07158.593.93$20,790
Oct 202505,17259.383.30$17,093
Sep 202504,75462.743.08$14,628
Aug 202505,28163.933.01$15,921
Jul 2025315,50166.743.32$20,306
Jun 202505,64466.483.13$17,659
May 202505,77460.553.23$18,663
Apr 202505,38862.363.54$19,090
Mar 202505,86967.704.27$25,051
Feb 202505,17270.884.34$22,451
Jan 2025376,24874.324.28$29,483
Dec 202406,43768.993.12$20,092
Nov 202405,67569.052.20$12,476
Oct 202405,57871.372.28$12,726
Sep 202405,73669.612.36$13,562
Aug 2024215,76275.632.06$13,479
Jul 202405,89979.932.15$12,663
Jun 202406,04578.082.63$15,922
May 2024386,17478.812.20$16,568
Apr 202405,72684.451.66$9,501
Mar 202406,40580.301.55$9,897
Feb 202406,02976.091.78$10,754
Jan 2024376,44773.023.30$23,962
Dec 2023385,95671.262.61$18,257
Nov 202305,84177.892.81$16,399
Oct 202306,05585.443.09$18,693
Sep 202305,86789.042.74$16,046
Aug 202305,39980.522.67$14,431
Jul 2023265,61174.852.64$16,769
Jun 202305,80768.962.26$13,115
May 2023165,85370.622.23$14,167
Apr 202306,15978.122.24$13,782
Mar 2023386,00972.852.39$17,149
Feb 202305,07575.112.47$12,513
Jan 202306,35176.533.39$21,515
Dec 2022346,23176.415.73$38,296
Nov 202205,95385.005.65$33,612
Oct 202205,82287.185.86$34,139
Sep 202205,42884.888.16$44,312
Aug 2022345,64594.529.13$54,737
Jul 202205,576101.587.54$42,055
Jun 202205,506115.097.98$43,922
May 202205,827109.378.43$49,139
Apr 2022355,224104.226.84$39,367
Mar 202205,436108.885.08$27,595
Feb 2022394,96091.054.86$27,651
Jan 202206,04181.844.54$27,412
Dec 2021385,80171.323.90$25,329
Nov 202105,49677.435.24$28,782
Oct 202175,87979.795.71$34,150
Sep 202105,08469.865.35$27,204
Aug 202105,45566.024.22$23,023
Jul 202105,59570.783.98$22,280
Jun 202105,63969.493.38$19,063
May 202106,08663.483.02$18,366
Apr 202105,18460.362.76$14,300
Mar 202105,65161.302.72$15,353
Feb 2021364,69457.805.55$28,123
Jan 2021365,30650.412.81$16,726
Dec 202005,29044.642.68$14,153
Nov 2020696,69238.772.71$20,788
Oct 202007,23936.972.48$17,941
Sep 202006,12137.091.99$12,187
Aug 202004,65739.982.39$11,107
Jul 202001,35138.371.83$2,466
Jun 202002,05534.901.69$3,474
May 202003,55016.921.81$6,442
Apr 2020665,03814.751.80$10,064
Mar 202005,39130.341.86$10,007
Feb 2020795,28049.881.98$14,398
Jan 202005,92557.252.09$12,411
Dec 201904,98659.012.30$11,490
Nov 2019454,26655.302.75$14,223
Oct 201904,94853.472.42$11,967
Sep 201904,61055.052.66$12,250
Aug 2019584,96053.112.30$14,510
Jul 201905,06856.272.46$12,468
Jun 201905,06552.782.49$12,618
May 2019326,35458.482.74$19,283
Apr 201906,06962.632.75$16,694
Mar 2019125,77756.803.06$18,371
Feb 201906,06950.852.79$16,946
Jan 2019326,07046.033.23$21,068
Dec 201805,60546.594.19$23,459
Nov 201805,37452.934.24$22,771
Oct 2018315,97961.443.40$22,222
Sep 201805,17359.543.11$16,078
Aug 2018435,10659.403.07$18,212
Jul 201805,16965.142.93$15,155
Jun 2018425,09460.183.08$18,201
May 201805,66665.382.90$16,436
Apr 2018515,46063.842.90$19,094
Mar 2018586,31361.222.79$21,144
Feb 201805,84161.782.77$16,157
Jan 2018487,72462.874.01$33,986
Dec 2017536,63157.272.92$22,408
Nov 201705,96355.423.12$18,595
Oct 2017636,18949.292.98$21,571
Sep 201705,87247.523.09$18,129
Aug 201706,10345.373.00$18,336
Jul 201706,17743.873.09$19,070
Jun 201706,22742.493.09$19,224
May 201706,69345.373.26$21,842
Apr 2017366,73147.933.21$23,343
Mar 201707,05246.772.98$21,041
Feb 2017176,57650.452.95$20,274
Jan 2017207,54249.413.42$26,773
Dec 2016488,36048.763.72$33,463
Nov 201602,37842.492.64$6,288
Oct 2016242446.193.09$1,403
Sep 2016041341.553.10$1,281
Aug 2016201741.442.92$879
Jul 20160041.622.92$0
Jun 20160045.352.69$0
May 20160042.521.99$0
Apr 20160036.561.99$0
Mar 20165633.011.79$176
Feb 20164226.472.06$110
Jan 20165627.352.36$151
Dec 20155732.362.00$176
Nov 20154238.792.17$159
Oct 20150243.552.43$5
Sep 20157042.992.76$301
Aug 20158440.162.87$333
Jul 201501548.152.95$44
Jun 20154356.152.88$233
May 20155355.212.96$285
Apr 20156449.822.71$310
Mar 20155442.892.93$226
Feb 20150244.662.98$6
Jan 201513443.433.10$577
Dec 2014132854.693.59$812
Nov 2014031270.464.25$1,327
Oct 20141837378.303.90$2,864
Sep 2014034586.164.05$1,396
Aug 20142165489.394.04$4,516
Jul 201401,04196.564.18$4,351
Jun 2014271,31398.164.74$8,870
May 20141596294.734.73$5,968
Apr 2014044995.944.81$2,159
Mar 20143527395.895.06$4,737
Feb 2014031097.406.19$1,920
Jan 20143717590.404.86$4,195
Dec 20134424891.824.35$5,120
Nov 2013058888.853.74$2,198
Oct 2013439,08797.423.78$38,532
Sep 2013425,340104.113.72$24,225
Aug 201301,329104.253.52$4,682
Jul 201301,097102.523.72$4,078
Jun 2013422,71594.403.93$14,644
May 20131093,03794.834.15$22,937
Apr 201304,51893.964.28$19,349
Mar 201307,85193.623.91$30,720
Feb 2013010,50891.233.42$35,936
Jan 2013508,46491.603.42$33,526
Dec 201206,71686.773.42$22,970
Nov 201207,61786.953.62$27,611
Oct 2012708,03989.383.40$33,587
Sep 2012635,72594.672.92$22,672
Aug 2012671,24692.662.91$9,832
Jul 2012655,28985.133.02$21,510
Jun 201207,83579.822.52$19,737
May 2012111,61591.612.49$28,993
Apr 20121797,280101.652.00$32,732
Mar 20127511,319105.052.22$33,030
Feb 2012799,435101.102.57$32,237
Jan 20127315,86998.092.73$50,548
Dec 2011013,82396.873.24$44,783
Nov 20115514,19495.723.31$52,265
Oct 2011013,99384.983.65$51,054
Sep 2011016,07583.623.99$64,072
Aug 2011466,54983.404.15$31,010
Jul 2011010,40494.144.52$46,997
Jun 20115210,17892.904.64$52,056
May 20118513,93898.134.40$69,735
Apr 201110013,931105.964.33$70,963
Mar 20115312,15596.364.06$54,424
Feb 2011968,65185.644.18$44,382
Jan 201109,60486.504.59$44,071
Dec 201006,83285.734.35$29,704
Nov 20104711,73080.843.80$48,319
Oct 20104012,92678.103.51$48,480
Sep 20109818,81472.633.98$81,987
Aug 2010220,05373.684.42$88,769
Jul 20106320,05072.554.74$99,537
Jun 2010211,10470.364.91$54,666
May 2010485,43071.124.24$26,411
Apr 201031,45881.694.12$6,256
Mar 20108814,79178.394.39$71,811
Feb 20109014,04073.585.44$83,033
Jan 20108315,21674.365.96$96,921
Dec 20098116,76371.445.48$97,711
Nov 20097816,33474.593.75$67,095
Oct 200914717,53672.544.11$82,741
Sep 20097416,49365.543.06$55,397
Aug 20093717,86367.423.22$59,987
Jul 20097418,34861.133.46$68,090
Jun 200910618,00566.163.90$77,142
May 200914919,35954.743.93$84,155
Apr 200915119,39546.773.59$76,642
Mar 200919221,19042.144.06$94,101
Feb 200921422,22832.814.63$110,004
Jan 200925829,36035.865.37$166,944
Dec 200823227,56237.105.98$173,349
Nov 200826526,84955.496.86$198,899
Oct 200827329,48175.246.92$224,607
Sep 200838936,662101.767.88$328,375
Aug 20085021,757114.228.48$190,276
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            39 bbl  × $106.41 =     $4,150
Gas                6,175 Mcf  × $  3.05 =    $18,808

────────────────────────────────────────────────────
Month total                                  $22,958

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/251207 is the state's own key, not one this site invented.