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 251903District 09Field 65280200CondensateGasSaveExport
Value, all time
$1.9 M
Mar 2009 – May 2026
Value, last 12 filed months
$0
at the published price for each month
Months reported
207
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
CondensateDisposition1,770 bbl$121,063
GasProduction504,977 Mcf$1,772,770
Total$1,893,833

Every month this lease reported (207)

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

207 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 202154069.865.35$3,772
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 2021027257.805.55$1,509
Jan 2021082050.412.81$2,304
Dec 2020082444.642.68$2,205
Nov 202001,10238.772.71$2,983
Oct 202001,31736.972.48$3,264
Sep 202001,58737.091.99$3,160
Aug 202001,93739.982.39$4,620
Jul 202002,01238.371.83$3,672
Jun 202002,00934.901.69$3,396
May 202002,03016.921.81$3,684
Apr 202002,09014.751.80$3,771
Mar 202002,28730.341.86$4,245
Feb 202002,40749.881.98$4,767
Jan 202002,87757.252.09$6,027
Dec 201902,64659.012.30$6,097
Nov 201902,61055.302.75$7,179
Oct 201902,67253.472.42$6,462
Sep 201902,79355.052.66$7,422
Aug 201902,87653.112.30$6,627
Jul 201902,96656.272.46$7,297
Jun 201903,04352.782.49$7,581
May 201903,45558.482.74$9,468
Apr 20191563,76062.632.75$20,113
Mar 201903,14556.803.06$9,630
Feb 201904,17450.852.79$11,655
Jan 2019026046.033.23$839
Dec 201803,33846.594.19$13,971
Nov 201803,40052.934.24$14,407
Oct 201803,81761.443.40$12,970
Sep 201803,08259.543.11$9,579
Aug 201802,79559.403.07$8,571
Jul 2018283,00265.142.93$10,625
Jun 201803,20360.183.08$9,855
May 201803,41565.382.90$9,906
Apr 201803,78563.842.90$10,980
Mar 201804,29161.222.79$11,958
Feb 201803,69561.782.77$10,221
Jan 201804,16562.874.01$16,699
Dec 201703,63957.272.92$10,631
Nov 201703,45255.423.12$10,765
Oct 2017903,62049.292.98$15,237
Sep 201703,58847.523.09$11,077
Aug 201703,50245.373.00$10,521
Jul 201703,72843.873.09$11,509
Jun 201703,72442.493.09$11,497
May 201703,77045.373.26$12,303
Apr 201703,47547.933.21$11,160
Mar 201704,15846.772.98$12,406
Feb 201704,13250.452.95$12,200
Jan 201702,98349.413.42$10,198
Dec 201602,69748.763.72$10,040
Nov 20161861,75442.492.64$12,541
Oct 201603,35546.193.09$10,368
Sep 201603,68641.553.10$11,429
Aug 201603,25541.442.92$9,519
Jul 201603,64941.622.92$10,671
Jun 201604,57245.352.69$12,280
May 201604,76842.521.99$9,493
Apr 201604,91536.561.99$9,786
Mar 201603,35833.011.79$6,024
Feb 201601,45426.472.06$3,001
Jan 201601,74227.352.36$4,119
Dec 2015095032.362.00$1,901
Nov 201502,23038.792.17$4,833
Oct 201503,13343.552.43$7,602
Sep 201503,51042.992.76$9,682
Aug 201502,52740.162.87$7,259
Jul 201502,46848.152.95$7,268
Jun 201502,75056.152.88$7,928
May 201502,65955.212.96$7,859
Apr 20151701,77749.822.71$13,279
Mar 201501,23842.892.93$3,633
Feb 201501,16644.662.98$3,470
Jan 201501,45843.433.10$4,521
Dec 201401,55154.693.59$5,570
Nov 201401,50770.464.25$6,408
Oct 201401,34578.303.90$5,247
Sep 201401,22086.164.05$4,935
Aug 2014091089.394.04$3,672
Jul 20141462,16796.564.18$23,155
Jun 201402,66198.164.74$12,605
May 201403,28994.734.73$15,546
Apr 201404,05195.944.81$19,482
Mar 201404,32895.895.06$21,886
Feb 201404,87797.406.19$30,198
Jan 201403,68790.404.86$17,921
Dec 201304,50791.824.35$19,626
Nov 201302,04988.853.74$7,660
Oct 201301,98097.423.78$7,483
Sep 201301,817104.113.72$6,755
Aug 201302,641104.253.52$9,303
Jul 201303,853102.523.72$14,324
Jun 201303,23294.403.93$12,713
May 201303,09594.834.15$12,841
Apr 201302,33693.964.28$10,004
Mar 20131012,58693.623.91$19,574
Feb 201302,34591.233.42$8,020
Jan 2013079991.603.42$2,733
Dec 201201,74886.773.42$5,978
Nov 201201,94886.953.62$7,061
Oct 201202,10289.383.40$7,146
Sep 201201,94494.672.92$5,673
Aug 201202,74692.662.91$7,986
Jul 20121113,10485.133.02$18,826
Jun 201202,98179.822.52$7,509
May 201202,95791.612.49$7,358
Apr 201203,355101.652.00$6,699
Mar 201203,182105.052.22$7,071
Feb 201202,344101.102.57$6,025
Jan 201203,47998.092.73$9,512
Dec 201103,09596.873.24$10,027
Nov 201103,22795.723.31$10,686
Oct 20111253,39884.983.65$23,020
Sep 201103,16183.623.99$12,599
Aug 201103,23983.404.15$13,440
Jul 201103,26494.144.52$14,744
Jun 201103,20992.904.64$14,889
May 201102,79798.134.40$12,320
Apr 201103,459105.964.33$14,989
Mar 201103,36396.364.06$13,645
Feb 201103,18185.644.18$13,297
Jan 201105,36586.504.59$24,619
Dec 201005,11785.734.35$22,247
Nov 2010833,91880.843.80$21,580
Oct 201004,50078.103.51$15,790
Sep 201003,87172.633.98$15,405
Aug 201004,26973.684.42$18,866
Jul 201004,10372.554.74$19,434
Jun 2010774,80470.364.91$29,007
May 201005,01571.124.24$21,240
Apr 201005,74481.694.12$23,681
Mar 201005,62278.394.39$24,673
Feb 2010325,16473.585.44$30,459
Jan 201005,28474.365.96$31,514
Dec 2009566,88071.445.48$41,729
Nov 200906,49274.593.75$24,355
Oct 200907,01972.544.11$28,850
Sep 2009887,14165.543.06$27,653
Aug 20091908,11667.423.22$38,931
Jul 200908,47661.133.46$29,365
Jun 2009010,87666.163.90$42,362
May 20097613,47154.743.93$57,044
Apr 2009012,69146.773.59$45,529
Mar 2009122,12242.144.06$89,835

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            54 bbl  × $ 69.86 =     $3,772
Gas                    0 Mcf  × $  5.35 =         $0

────────────────────────────────────────────────────
Month total                                   $3,772

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/251903 is the state's own key, not one this site invented.