TANDY 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 251902District 09Field 65280200CondensateGasSaveExport
Value, all time
$1.9 M
Apr 2008 – May 2026
Value, last 12 filed months
$0
at the published price for each month
Months reported
218
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
CondensateDisposition1,453 bbl$109,328
GasProduction486,826 Mcf$1,770,390
Total$1,879,718

Every month this lease reported (218)

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

218 months

May 202600106.413.05$0
Apr 20260098.932.87$0
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 20250060.553.23$0
Apr 20250062.363.54$0
Mar 20250067.704.27$0
Feb 20250070.884.34$0
Jan 20250074.324.28$0
Dec 20240068.993.12$0
Nov 20240069.052.20$0
Oct 20240071.372.28$0
Sep 20240069.612.36$0
Aug 20240075.632.06$0
Jul 20240079.932.15$0
Jun 20240078.082.63$0
May 20240078.812.20$0
Apr 20240084.451.66$0
Mar 20240080.301.55$0
Feb 20240076.091.78$0
Jan 20240073.023.30$0
Dec 20230071.262.61$0
Nov 20230077.892.81$0
Oct 20230085.443.09$0
Sep 20230089.042.74$0
Aug 20230080.522.67$0
Jul 20230074.852.64$0
Jun 20230068.962.26$0
May 20230070.622.23$0
Apr 20230078.122.24$0
Mar 20230072.852.39$0
Feb 20230075.112.47$0
Jan 20230076.533.39$0
Dec 20220076.415.73$0
Nov 20220085.005.65$0
Oct 20220087.185.86$0
Sep 20220084.888.16$0
Aug 20220094.529.13$0
Jul 202200101.587.54$0
Jun 202200115.097.98$0
May 202200109.378.43$0
Apr 202200104.226.84$0
Mar 202200108.885.08$0
Feb 20220091.054.86$0
Jan 20220081.844.54$0
Dec 20210071.323.90$0
Nov 20210077.435.24$0
Oct 20210079.795.71$0
Sep 202132069.865.35$2,236
Aug 20210066.024.22$0
Jul 20210070.783.98$0
Jun 20210069.493.38$0
May 20210063.483.02$0
Apr 20210060.362.76$0
Mar 20210061.302.72$0
Feb 20210057.805.55$0
Jan 20210050.412.81$0
Dec 20200044.642.68$0
Nov 20200038.772.71$0
Oct 20200036.972.48$0
Sep 20200037.091.99$0
Aug 20200039.982.39$0
Jul 20200038.371.83$0
Jun 20200034.901.69$0
May 20200016.921.81$0
Apr 20200014.751.80$0
Mar 20200030.341.86$0
Feb 20200049.881.98$0
Jan 20200057.252.09$0
Dec 20190059.012.30$0
Nov 20190055.302.75$0
Oct 20190053.472.42$0
Sep 20190055.052.66$0
Aug 20190053.112.30$0
Jul 20190056.272.46$0
Jun 20190052.782.49$0
May 20190058.482.74$0
Apr 20191923162.632.75$1,825
Mar 201901,28456.803.06$3,932
Feb 20190050.852.79$0
Jan 201902,26946.033.23$7,325
Dec 2018011546.594.19$481
Nov 201801,66752.934.24$7,063
Oct 201802,15661.443.40$7,326
Sep 201802,49859.543.11$7,764
Aug 201802,92559.403.07$8,970
Jul 2018283,03865.142.93$10,731
Jun 201802,41260.183.08$7,422
May 201802,26865.382.90$6,579
Apr 201801,90763.842.90$5,532
Mar 201801,61761.222.79$4,506
Feb 201801,42261.782.77$3,933
Jan 201801,48162.874.01$5,938
Dec 201701,88257.272.92$5,498
Nov 201702,15955.423.12$6,733
Oct 2017892,32349.292.98$11,318
Sep 201701,99047.523.09$6,144
Aug 201702,27045.373.00$6,820
Jul 201702,59143.873.09$7,999
Jun 201702,23542.493.09$6,900
May 201702,54045.373.26$8,289
Apr 201702,18247.933.21$7,008
Mar 201702,18346.772.98$6,513
Feb 201701,12150.452.95$3,310
Jan 201702,43849.413.42$8,335
Dec 201603,09348.763.72$11,515
Nov 201603,51542.492.64$9,295
Oct 201601,99046.193.09$6,150
Sep 201603,07741.553.10$9,541
Aug 201603,17041.442.92$9,270
Jul 201602,98741.622.92$8,735
Jun 201601,91745.352.69$5,149
May 2016099242.521.99$1,975
Apr 2016043936.561.99$874
Mar 201603,39433.011.79$6,089
Feb 201604,94726.472.06$10,209
Jan 201605,46427.352.36$12,919
Dec 201505,81532.362.00$11,638
Nov 201503,75938.792.17$8,147
Oct 201502,44243.552.43$5,926
Sep 201503,45542.992.76$9,530
Aug 201504,26240.162.87$12,243
Jul 201504,68648.152.95$13,801
Jun 201504,45656.152.88$12,846
May 201504,81155.212.96$14,219
Apr 201503,06849.822.71$8,304
Mar 201504,20842.892.93$12,349
Feb 201503,94744.662.98$11,747
Jan 201504,17743.433.10$12,951
Dec 201404,35054.693.59$15,622
Nov 201404,40870.464.25$18,742
Oct 201404,41978.303.90$17,238
Sep 201404,66186.164.05$18,856
Aug 201405,35489.394.04$21,604
Jul 20141434,53196.564.18$32,746
Jun 201403,23798.164.74$15,333
May 201403,31294.734.73$15,654
Apr 201401,90795.944.81$9,171
Mar 201403,03095.895.06$15,322
Feb 20140097.406.19$0
Jan 201402,03490.404.86$9,887
Dec 201301,07891.824.35$4,694
Nov 201303,27188.853.74$12,228
Oct 201303,98297.423.78$15,049
Sep 201303,538104.113.72$13,153
Aug 201302,906104.253.52$10,237
Jul 201302,068102.523.72$7,688
Jun 201302,50494.403.93$9,849
May 201303,19594.834.15$13,256
Apr 201304,01493.964.28$17,190
Mar 2013553,01993.623.91$16,962
Feb 201302,44291.233.42$8,351
Jan 201304,83191.603.42$16,522
Dec 201204,02186.773.42$13,752
Nov 201204,54286.953.62$16,465
Oct 201203,59889.383.40$12,232
Sep 201203,71694.672.92$10,845
Aug 201203,31192.662.91$9,629
Jul 2012612,64085.133.02$13,168
Jun 201202,05079.822.52$5,164
May 201202,85991.612.49$7,114
Apr 201202,501101.652.00$4,994
Mar 201203,003105.052.22$6,673
Feb 201203,571101.102.57$9,178
Jan 201203,51998.092.73$9,621
Dec 201103,77496.873.24$12,227
Nov 20111863,63395.723.31$29,834
Oct 201104,06984.983.65$14,846
Sep 201104,57083.623.99$18,215
Aug 201104,10383.404.15$17,025
Jul 201104,60294.144.52$20,788
Jun 201104,02992.904.64$18,694
May 201105,50998.134.40$24,266
Apr 201104,814105.964.33$20,860
Mar 201105,91796.364.06$24,007
Feb 201104,55285.644.18$19,027
Jan 201101,47286.504.59$6,755
Dec 201001,48685.734.35$6,461
Nov 20101105,07980.843.80$28,169
Oct 201004,59778.103.51$16,130
Sep 201005,68572.633.98$22,623
Aug 201005,31473.684.42$23,484
Jul 201005,42472.554.74$25,691
Jun 20101145,90170.364.91$36,997
May 201006,19371.124.24$26,229
Apr 201006,46681.694.12$26,657
Mar 201006,57478.394.39$28,851
Feb 2010926,49473.585.44$42,112
Jan 201006,53774.365.96$38,987
Dec 20091146,09771.445.48$41,579
Nov 200907,05774.593.75$26,474
Oct 200908,51572.544.11$34,999
Sep 20091058,29965.543.06$32,316
Aug 20091859,78467.423.22$43,963
Jul 2009010,98861.133.46$38,068
Jun 2009010,61566.163.90$41,345
May 200911912,16754.743.93$54,279
Apr 2009017,06046.773.59$61,203
Mar 2009124,75342.144.06$100,515
Feb 20090032.814.63$0
Jan 20090035.865.37$0
Dec 20080037.105.98$0
Nov 20080055.496.86$0
Oct 20080075.246.92$0
Sep 200800101.767.88$0
Aug 200800114.228.48$0
Jul 200800131.0811.39$0
Jun 200800131.3313.03$0
May 200800123.1711.57$0
Apr 200800110.3110.45$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.

Sep 2021 — as filed, then multipliedworked
Condensate            32 bbl  × $ 69.86 =     $2,236
Gas                    0 Mcf  × $  5.35 =         $0

────────────────────────────────────────────────────
Month total                                   $2,236

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/251902 is the state's own key, not one this site invented.