OLCOTT SOUTH

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 252254District 09Field 65280200GasSaveExport
Value, all time
$6.1 M
Mar 2009 – May 2026
Value, last 12 filed months
$304 k
at the published price for each month
Months reported
207
no gaps in the span
Streams
1
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
GasProduction1,813,219 Mcf$6,121,294
Total$6,121,294

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 20266,128106.413.05$18,665
Apr 20266,34598.932.87$18,208
Mar 20267,00689.753.15$22,065
Feb 20266,11863.503.75$22,944
Jan 20265,49659.138.00$43,957
Dec 20257,85856.664.41$34,680
Nov 20259,07258.593.93$35,621
Oct 20256,14659.383.30$20,312
Sep 20255,92762.743.08$18,237
Aug 20256,49763.933.01$19,587
Jul 20257,58666.743.32$25,149
Jun 20257,81866.483.13$24,460
May 20258,14960.553.23$26,340
Apr 20258,13362.363.54$28,816
Mar 20259,93567.704.27$42,406
Feb 20259,76670.884.34$42,393
Jan 20259,14074.324.28$39,107
Dec 202410,31068.993.12$32,181
Nov 202410,51269.052.20$23,110
Oct 202410,99771.372.28$25,089
Sep 202410,83469.612.36$25,615
Aug 202411,26075.632.06$23,236
Jul 202411,10779.932.15$23,842
Jun 202411,01578.082.63$29,013
May 202411,17178.812.20$24,559
Apr 202410,39384.451.66$17,244
Mar 202411,27580.301.55$17,421
Feb 202410,08676.091.78$17,990
Jan 20247,59873.023.30$25,056
Dec 202310,20671.262.61$26,645
Nov 20239,99677.892.81$28,064
Oct 20238,15685.443.09$25,180
Sep 20239,39689.042.74$25,698
Aug 20239,01480.522.67$24,093
Jul 20239,41774.852.64$24,878
Jun 20239,28568.962.26$20,970
May 20239,50770.622.23$21,176
Apr 20237,81078.122.24$17,477
Mar 202310,01572.852.39$23,968
Feb 20235,13975.112.47$12,671
Jan 20238,41076.533.39$28,491
Dec 20229,69876.415.73$55,561
Nov 20229,07085.005.65$51,211
Oct 20229,40287.185.86$55,131
Sep 20229,77884.888.16$79,824
Aug 20227,69994.529.13$70,270
Jul 20229,682101.587.54$73,022
Jun 202210,457115.097.98$83,418
May 20229,629109.378.43$81,202
Apr 2022360104.226.84$2,462
Mar 20229,172108.885.08$46,561
Feb 20228,02991.054.86$39,012
Jan 20229,91081.844.54$44,968
Dec 20219,70871.323.90$37,853
Nov 202110,47577.435.24$54,856
Oct 202110,86179.795.71$62,058
Sep 202110,74769.865.35$57,506
Aug 202110,88566.024.22$45,941
Jul 202111,03970.783.98$43,958
Jun 202110,73669.493.38$36,294
May 202111,44663.483.02$34,540
Apr 202111,15660.362.76$30,773
Mar 202111,85661.302.72$32,212
Feb 20219,78857.805.55$54,303
Jan 202112,80250.412.81$35,977
Dec 202012,95644.642.68$34,663
Nov 202012,68438.772.71$34,330
Oct 202013,30336.972.48$32,971
Sep 202012,92237.091.99$25,728
Aug 202013,52639.982.39$32,261
Jul 202013,69838.371.83$25,000
Jun 202013,56334.901.69$22,926
May 202014,32416.921.81$25,994
Apr 202013,98314.751.80$25,231
Mar 202014,78830.341.86$27,450
Feb 202013,80849.881.98$27,349
Jan 202014,85957.252.09$31,126
Dec 201914,91259.012.30$34,363
Nov 201913,69055.302.75$37,657
Oct 201914,63453.472.42$35,393
Sep 201914,15055.052.66$37,601
Aug 201913,70053.112.30$31,570
Jul 201914,32856.272.46$35,248
Jun 201914,99852.782.49$37,363
May 201915,73658.482.74$43,122
Apr 201915,87962.632.75$43,678
Mar 201915,92156.803.06$48,752
Feb 201915,34850.852.79$42,855
Jan 201917,41746.033.23$56,225
Dec 201817,58346.594.19$73,593
Nov 201815,14752.934.24$64,181
Oct 201816,52761.443.40$56,160
Sep 201816,31659.543.11$50,710
Aug 201817,15759.403.07$52,613
Jul 201817,38165.142.93$50,959
Jun 201816,68860.183.08$51,348
May 201817,21465.382.90$49,934
Apr 201816,85063.842.90$48,878
Mar 201818,17861.222.79$50,659
Feb 201816,28561.782.77$45,046
Jan 201818,64362.874.01$74,746
Dec 201718,69657.272.92$54,621
Nov 201719,30255.423.12$60,191
Oct 201720,53849.292.98$61,279
Sep 201716,53947.523.09$51,061
Aug 201718,25645.373.00$54,848
Jul 201720,53343.873.09$63,391
Jun 201720,29642.493.09$62,659
May 201721,59845.373.26$70,483
Apr 201720,45447.933.21$65,690
Mar 201719,17646.772.98$57,215
Feb 201720,74650.452.95$61,255
Jan 201722,48849.413.42$76,882
Dec 201623,20748.763.72$86,396
Nov 201622,41542.492.64$59,273
Oct 201622,12746.193.09$68,378
Sep 201619,93441.553.10$61,808
Aug 201618,36941.442.92$53,717
Jul 201617,99741.622.92$52,629
Jun 201617,42445.352.69$46,798
May 201612,63242.521.99$25,151
Apr 2016236.561.99$4
Mar 2016333.011.79$5
Feb 2016226.472.06$4
Jan 2016227.352.36$5
Dec 2015032.362.00$0
Nov 2015038.792.17$0
Oct 2015143.552.43$2
Sep 2015142.992.76$3
Aug 2015040.162.87$0
Jul 2015048.152.95$0
Jun 2015156.152.88$3
May 2015355.212.96$9
Apr 2015349.822.71$8
Mar 20151,36942.892.93$4,018
Feb 201514,36844.662.98$42,762
Jan 201518,69443.433.10$57,963
Dec 201419,32654.693.59$69,407
Nov 201417,35770.464.25$73,799
Oct 201422,58178.303.90$88,088
Sep 201421,18386.164.05$85,695
Aug 201421,72689.394.04$87,667
Jul 201424,94096.564.18$104,239
Jun 201423,26998.164.74$110,222
May 201424,54694.734.73$116,018
Apr 201429,98995.944.81$144,221
Mar 201437,61695.895.06$190,217
Feb 2014097.406.19$0
Jan 2014090.404.86$0
Dec 2013091.824.35$0
Nov 2013088.853.74$0
Oct 2013097.423.78$0
Sep 20130104.113.72$0
Aug 20130104.253.52$0
Jul 20130102.523.72$0
Jun 2013094.403.93$0
May 2013094.834.15$0
Apr 2013093.964.28$0
Mar 2013093.623.91$0
Feb 2013091.233.42$0
Jan 2013091.603.42$0
Dec 2012086.773.42$0
Nov 2012086.953.62$0
Oct 2012089.383.40$0
Sep 2012094.672.92$0
Aug 2012092.662.91$0
Jul 2012085.133.02$0
Jun 2012079.822.52$0
May 2012091.612.49$0
Apr 20120101.652.00$0
Mar 20120105.052.22$0
Feb 20120101.102.57$0
Jan 2012098.092.73$0
Dec 2011096.873.24$0
Nov 2011095.723.31$0
Oct 2011084.983.65$0
Sep 2011083.623.99$0
Aug 2011083.404.15$0
Jul 2011094.144.52$0
Jun 2011092.904.64$0
May 2011098.134.40$0
Apr 20110105.964.33$0
Mar 2011096.364.06$0
Feb 2011085.644.18$0
Jan 2011086.504.59$0
Dec 2010085.734.35$0
Nov 2010080.843.80$0
Oct 2010078.103.51$0
Sep 2010072.633.98$0
Aug 2010073.684.42$0
Jul 2010072.554.74$0
Jun 2010070.364.91$0
May 2010071.124.24$0
Apr 2010081.694.12$0
Mar 2010078.394.39$0
Feb 2010073.585.44$0
Jan 2010074.365.96$0
Dec 2009071.445.48$0
Nov 2009074.593.75$0
Oct 2009072.544.11$0
Sep 2009065.543.06$0
Aug 2009067.423.22$0
Jul 2009061.133.46$0
Jun 2009066.163.90$0
May 2009054.743.93$0
Apr 2009046.773.59$0
Mar 2009042.144.06$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
Gas                6,128 Mcf  × $  3.05 =    $18,665

────────────────────────────────────────────────────
Month total                                  $18,665

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/252254 is the state's own key, not one this site invented.