CAVEN

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 252580District 09Field 65280200CondensateGasSaveExport
Value, all time
$2.3 M
Jun 2009 – May 2026
Value, last 12 filed months
$0
at the published price for each month
Months reported
204
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
CondensateDisposition3,119 bbl$238,909
GasProduction571,526 Mcf$2,065,789
Total$2,304,698

Every month this lease reported (204)

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

204 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 20210069.865.35$0
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 20200434.901.69$7
May 20200016.921.81$0
Apr 20200014.751.80$0
Mar 202036130.341.86$1,094
Feb 202004,06349.881.98$8,047
Jan 202004,81957.252.09$10,095
Dec 2019434,27659.012.30$12,391
Nov 201904,37955.302.75$12,045
Oct 2019754,57753.472.42$15,080
Sep 201904,29155.052.66$11,402
Aug 201904,44653.112.30$10,245
Jul 201903,95056.272.46$9,717
Jun 2019424,46852.782.49$13,347
May 201904,46458.482.74$12,233
Apr 201904,24762.632.75$11,682
Mar 2019764,29256.803.06$17,459
Feb 201904,41450.852.79$12,325
Jan 201904,74746.033.23$15,324
Dec 201803,44846.594.19$14,431
Nov 2018713,99352.934.24$20,677
Oct 201803,37161.443.40$11,455
Sep 201803,80259.543.11$11,817
Aug 201803,94559.403.07$12,098
Jul 201804,26165.142.93$12,493
Jun 2018544,11460.183.08$15,908
May 20181244,44265.382.90$20,992
Apr 201804,18163.842.90$12,128
Mar 20181144,58261.222.79$19,748
Feb 201805,84461.782.77$16,165
Jan 201807,01262.874.01$28,113
Dec 201706,67657.272.92$19,504
Nov 201705,18855.423.12$16,178
Oct 20171294,74449.292.98$20,513
Sep 201704,47147.523.09$13,803
Aug 201703,97545.373.00$11,942
Jul 2017414,22643.873.09$14,846
Jun 201704,11242.493.09$12,695
May 201704,61545.373.26$15,061
Apr 201704,55447.933.21$14,626
Mar 201704,97446.772.98$14,841
Feb 201705,40150.452.95$15,947
Jan 201705,84449.413.42$19,979
Dec 201605,81948.763.72$21,663
Nov 201605,03242.492.64$13,306
Oct 201605,44346.193.09$16,820
Sep 201603,52441.553.10$10,927
Aug 201605,21641.442.92$15,253
Jul 201603,74441.622.92$10,949
Jun 20160045.352.69$0
May 20160042.521.99$0
Apr 201611136.561.99$404
Mar 20160033.011.79$0
Feb 20160226.472.06$4
Jan 20160427.352.36$9
Dec 20150332.362.00$6
Nov 20150038.792.17$0
Oct 20150243.552.43$5
Sep 20150242.992.76$6
Aug 20150040.162.87$0
Jul 20150048.152.95$0
Jun 20150156.152.88$3
May 20150055.212.96$0
Apr 201581549.822.71$4,049
Mar 2015065242.892.93$1,913
Feb 201502,16044.662.98$6,429
Jan 201502,61243.433.10$8,099
Dec 201412,90954.693.59$10,502
Nov 20141273,58770.464.25$24,200
Oct 201403,34878.303.90$13,060
Sep 20141172,63486.164.05$20,736
Aug 201403,02789.394.04$12,214
Jul 20141023,35096.564.18$23,851
Jun 201401,10398.164.74$5,225
May 201401,47094.734.73$6,948
Apr 2014732,07995.944.81$17,002
Mar 201402,07195.895.06$10,473
Feb 201402,91597.406.19$18,050
Jan 2014803,49190.404.86$24,201
Dec 201304,16991.824.35$18,154
Nov 2013763,05188.853.74$18,158
Oct 2013743,61797.423.78$20,879
Sep 201302,704104.113.72$10,053
Aug 2013753,080104.253.52$18,668
Jul 201303,181102.523.72$11,826
Jun 2013602,85094.403.93$16,874
May 201301,86694.834.15$7,742
Apr 201312,38193.964.28$10,291
Mar 2013523,20293.623.91$17,397
Feb 201303,60691.233.42$12,332
Jan 2013503,36491.603.42$16,085
Dec 201203,61186.773.42$12,350
Nov 2012753,88686.953.62$20,608
Oct 201204,31889.383.40$14,680
Sep 201202,84694.672.92$8,306
Aug 201219692.662.91$1,778
Jul 20120285.133.02$6
Jun 2012332579.822.52$2,697
May 2012414,31391.612.49$14,488
Apr 201204,156101.652.00$8,299
Mar 2012402,848105.052.22$10,530
Feb 2012413,972101.102.57$14,354
Jan 201224,30698.092.73$11,969
Dec 2011554,44296.873.24$19,719
Nov 201104,63495.723.31$15,344
Oct 2011275,80784.983.65$23,482
Sep 2011235,52183.623.99$23,929
Aug 2011215,90483.404.15$26,249
Jul 2011216,09594.144.52$29,510
Jun 2011165,47092.904.64$26,867
May 2011181,63898.134.40$8,981
Apr 2011184,169105.964.33$19,973
Mar 2011283,40996.364.06$16,530
Feb 20112557885.644.18$4,557
Jan 2011286,02686.504.59$30,074
Dec 20101177,49085.734.35$42,595
Nov 2010110,79480.843.80$41,048
Oct 2010517,74178.103.51$31,145
Sep 2010367,70172.633.98$33,261
Aug 2010277,94973.684.42$37,119
Jul 2010688,11972.554.74$43,389
Jun 2010311,51970.364.91$56,774
May 2010867,07471.124.24$36,076
Apr 201011410,49581.694.12$52,580
Mar 2010914,42078.394.39$63,990
Feb 2010111,73873.585.44$63,956
Jan 2010801,40774.365.96$14,340
Dec 200920512,13871.445.48$81,207
Nov 2009013,04174.593.75$48,923
Oct 2009015,44972.544.11$63,499
Sep 2009015,22065.543.06$46,646
Aug 2009523,39567.423.22$75,634
Jul 2009021,36461.133.46$74,016
Jun 20090066.163.90$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.

Jun 2020 — as filed, then multipliedworked
Condensate             0 bbl  × $ 34.90 =         $0
Gas                    4 Mcf  × $  1.69 =         $7

────────────────────────────────────────────────────
Month total                                       $7

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/252580 is the state's own key, not one this site invented.