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 251847District 09Field 65280200CondensateGasSaveExport
Value, all time
$784 k
Dec 2008 – May 2026
Value, last 12 filed months
$594
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
CondensateDisposition3,458 bbl$243,617
GasProduction132,598 Mcf$539,937
Total$783,554

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 202600106.413.05$0
Apr 20266098.932.87$594
Mar 20260089.753.15$0
Feb 20260063.503.75$0
Jan 20260059.138.00$0
Dec 20250056.664.41$0
Nov 20250058.593.93$0
Oct 20250059.383.30$0
Sep 20250062.743.08$0
Aug 20250063.933.01$0
Jul 20250066.743.32$0
Jun 20250066.483.13$0
May 202570060.553.23$4,239
Apr 202511062.363.54$686
Mar 20250067.704.27$0
Feb 20256070.884.34$425
Jan 20256074.324.28$446
Dec 2024107068.993.12$7,382
Nov 20240069.052.20$0
Oct 20240071.372.28$0
Sep 20244069.612.36$278
Aug 20240075.632.06$0
Jul 20246079.932.15$480
Jun 20240078.082.63$0
May 20246078.812.20$473
Apr 202423084.451.66$1,942
Mar 202448080.301.55$3,854
Feb 2024109076.091.78$8,294
Jan 20249073.023.30$657
Dec 20238071.262.61$570
Nov 20230077.892.81$0
Oct 20230085.443.09$0
Sep 20238089.042.74$712
Aug 20230080.522.67$0
Jul 20230074.852.64$0
Jun 2023109068.962.26$7,517
May 20231713370.622.23$1,497
Apr 20236078.122.24$469
Mar 202323072.852.39$1,676
Feb 202316075.112.47$1,202
Jan 202372076.533.39$5,510
Dec 20222076.415.73$153
Nov 20220085.005.65$0
Oct 202235087.185.86$3,051
Sep 20226084.888.16$509
Aug 20220094.529.13$0
Jul 2022140101.587.54$1,422
Jun 20221120115.097.98$12,890
May 2022130109.378.43$1,422
Apr 202210773104.226.84$6,328
Mar 20226217108.885.08$1,755
Feb 2022617091.054.86$1,372
Jan 20221001681.844.54$8,257
Dec 2021018671.323.90$725
Nov 2021029877.435.24$1,561
Oct 20211429879.795.71$2,820
Sep 2021014269.865.35$760
Aug 2021017366.024.22$730
Jul 2021018970.783.98$753
Jun 20218815769.493.38$6,646
May 2021010963.483.02$329
Apr 20216910060.362.76$4,441
Mar 2021768561.302.72$4,890
Feb 2021029257.805.55$1,620
Jan 2021010150.412.81$284
Dec 2020010544.642.68$281
Nov 2020808338.772.71$3,326
Oct 20204315736.972.48$1,979
Sep 2020017537.091.99$348
Aug 20209332639.982.39$4,496
Jul 2020020238.371.83$369
Jun 202059834.901.69$2,073
May 202002916.921.81$53
Apr 2020013014.751.80$235
Mar 20203215030.341.86$1,249
Feb 2020018349.881.98$362
Jan 20203924657.252.09$2,748
Dec 2019031659.012.30$728
Nov 20193125555.302.75$2,416
Oct 2019022753.472.42$549
Sep 20193417455.052.66$2,334
Aug 2019013853.112.30$318
Jul 2019013956.272.46$342
Jun 20193533752.782.49$2,687
May 2019039558.482.74$1,082
Apr 20191835662.632.75$2,107
Mar 2019024256.803.06$741
Feb 2019031150.852.79$868
Jan 20195626546.033.23$3,433
Dec 2018026446.594.19$1,105
Nov 20184929052.934.24$3,822
Oct 2018025561.443.40$867
Sep 2018045859.543.11$1,423
Aug 2018048659.403.07$1,490
Jul 2018040865.142.93$1,196
Jun 2018041360.183.08$1,271
May 20186355365.382.90$5,723
Apr 2018041563.842.90$1,204
Mar 2018058061.222.79$1,616
Feb 2018039661.782.77$1,095
Jan 20185535462.874.01$4,877
Dec 2017045657.272.92$1,332
Nov 201709955.423.12$309
Oct 20178532349.292.98$5,153
Sep 2017050647.523.09$1,562
Aug 2017057345.373.00$1,722
Jul 2017045543.873.09$1,405
Jun 2017067742.493.09$2,090
May 2017131,13145.373.26$4,281
Apr 201701,85747.933.21$5,964
Mar 201792,11746.772.98$6,737
Feb 201701,90150.452.95$5,613
Jan 2017731,90249.413.42$10,109
Dec 201641,43548.763.72$5,537
Nov 20160942.492.64$24
Oct 20160046.193.09$0
Sep 20160041.553.10$0
Aug 20160041.442.92$0
Jul 20160341.622.92$9
Jun 20160045.352.69$0
May 20160042.521.99$0
Apr 20160036.561.99$0
Mar 20160033.011.79$0
Feb 201615026.472.06$397
Jan 20160027.352.36$0
Dec 20150032.362.00$0
Nov 20150038.792.17$0
Oct 20150043.552.43$0
Sep 201548042.992.76$2,064
Aug 201503440.162.87$98
Jul 20150048.152.95$0
Jun 20150056.152.88$0
May 20150055.212.96$0
Apr 20150049.822.71$0
Mar 201502242.892.93$65
Feb 2015601044.662.98$2,709
Jan 201501543.433.10$47
Dec 201402254.693.59$79
Nov 20140970.464.25$38
Oct 2014371478.303.90$2,952
Sep 201403686.164.05$146
Aug 201401389.394.04$52
Jul 20144296.564.18$395
Jun 20140698.164.74$28
May 20140094.734.73$0
Apr 20140095.944.81$0
Mar 20140095.895.06$0
Feb 20141097.406.19$97
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 201310102.523.72$103
Jun 20131094.403.93$94
May 20130094.834.15$0
Apr 20130193.964.28$4
Mar 20133193.623.91$285
Feb 20130191.233.42$3
Jan 20132391.603.42$193
Dec 20120186.773.42$3
Nov 20123186.953.62$264
Oct 201214089.383.40$1,251
Sep 20123194.672.92$287
Aug 2012391,18692.662.91$7,063
Jul 20120985.133.02$27
Jun 2012642479.822.52$5,169
May 2012584591.612.49$5,425
Apr 201270677101.652.00$8,467
Mar 20120684105.052.22$1,520
Feb 2012387101.102.57$3,860
Jan 2012068098.092.73$1,859
Dec 2011302196.873.24$2,974
Nov 2011090495.723.31$2,993
Oct 2011291,11884.983.65$6,543
Sep 2011271,43483.623.99$7,973
Aug 201161,07583.404.15$4,961
Jul 201131,24894.144.52$5,920
Jun 2011141,20392.904.64$6,882
May 2011121,34198.134.40$7,084
Apr 2011111,613105.964.33$8,155
Mar 20112087996.364.06$5,494
Feb 2011412585.644.18$865
Jan 2011451,64086.504.59$11,418
Dec 2010493,68885.734.35$20,235
Nov 20101147,16480.843.80$36,406
Oct 2010666,33078.103.51$27,366
Sep 201013211,11872.633.98$53,831
Aug 20107513,42273.684.42$64,843
Jul 201014718,36272.554.74$97,636
Jun 20105712,26270.364.91$64,222
May 20106417,44371.124.24$78,427
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.

Apr 2026 — as filed, then multipliedworked
Condensate             6 bbl  × $ 98.93 =       $594
Gas                    0 Mcf  × $  2.87 =         $0

────────────────────────────────────────────────────
Month total                                     $594

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/251847 is the state's own key, not one this site invented.