LOWELL WILLIAMS

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 254328District 09Field 65280200CondensateGasSaveExport
Value, all time
$8.2 M
Dec 2009 – May 2026
Value, last 12 filed months
$237 k
at the published price for each month
Months reported
198
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 bbl$218
GasProduction2,238,695 Mcf$8,190,299
Total$8,190,517

Every month this lease reported (198)

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

198 months

May 202605,984106.413.05$18,226
Apr 202605,56998.932.87$15,981
Mar 202605,73689.753.15$18,065
Feb 202605,23463.503.75$19,629
Jan 202605,54459.138.00$44,340
Dec 202505,20056.664.41$22,949
Nov 202504,69358.593.93$18,427
Oct 202504,96759.383.30$16,415
Sep 202504,68962.743.08$14,428
Aug 202504,85263.933.01$14,628
Jul 202505,10966.743.32$16,937
Jun 202505,42466.483.13$16,970
May 202505,77760.553.23$18,673
Apr 202505,66462.363.54$20,068
Mar 202505,90767.704.27$25,213
Feb 202505,67370.884.34$24,626
Jan 202506,04774.324.28$25,873
Dec 202406,02668.993.12$18,809
Nov 202405,97069.052.20$13,125
Oct 202406,13271.372.28$13,990
Sep 202405,87869.612.36$13,898
Aug 202406,06075.632.06$12,506
Jul 202405,57479.932.15$11,965
Jun 202405,31978.082.63$14,010
May 202405,67478.812.20$12,474
Apr 202405,14584.451.66$8,537
Mar 202405,45980.301.55$8,435
Feb 202405,58276.091.78$9,956
Jan 202406,20973.023.30$20,475
Dec 202306,10771.262.61$15,944
Nov 202306,10877.892.81$17,149
Oct 202306,23185.443.09$19,237
Sep 202305,82089.042.74$15,918
Aug 202306,09780.522.67$16,297
Jul 202306,05974.852.64$16,007
Jun 202306,03168.962.26$13,621
May 202306,30470.622.23$14,042
Apr 202306,18378.122.24$13,836
Mar 202306,16272.852.39$14,747
Feb 202305,67075.112.47$13,980
Jan 202306,53576.533.39$22,139
Dec 202205,20976.415.73$29,843
Nov 202205,20285.005.65$29,372
Oct 202206,17787.185.86$36,220
Sep 202206,01684.888.16$49,113
Aug 202206,82694.529.13$62,302
Jul 202206,746101.587.54$50,879
Jun 202206,569115.097.98$52,402
May 202206,730109.378.43$56,754
Apr 202206,898104.226.84$47,166
Mar 202206,734108.885.08$34,184
Feb 202206,34391.054.86$30,820
Jan 202206,88781.844.54$31,251
Dec 202106,69271.323.90$26,093
Nov 202107,53377.435.24$39,449
Oct 202107,75079.795.71$44,282
Sep 202107,36569.865.35$39,410
Aug 202107,67166.024.22$32,376
Jul 202107,66870.783.98$30,535
Jun 202107,42669.493.38$25,104
May 202107,72763.483.02$23,318
Apr 202107,38160.362.76$20,360
Mar 202107,90161.302.72$21,467
Feb 202106,06057.805.55$33,621
Jan 202107,59750.412.81$21,350
Dec 202007,72544.642.68$20,668
Nov 202007,55938.772.71$20,459
Oct 202007,93736.972.48$19,671
Sep 202007,72437.091.99$15,379
Aug 202007,93239.982.39$18,919
Jul 202008,02838.371.83$14,652
Jun 202007,98834.901.69$13,502
May 202008,35216.921.81$15,157
Apr 202007,25814.751.80$13,096
Mar 202008,43030.341.86$15,648
Feb 202007,90149.881.98$15,649
Jan 202008,24457.252.09$17,269
Dec 201908,39159.012.30$19,336
Nov 201908,46655.302.75$23,287
Oct 201908,63853.472.42$20,891
Sep 201908,37055.052.66$22,241
Aug 201908,80753.112.30$20,295
Jul 201908,69056.272.46$21,378
Jun 201908,47452.782.49$21,110
May 201908,67058.482.74$23,759
Apr 201908,53762.632.75$23,483
Mar 201908,74556.803.06$26,778
Feb 201908,16050.852.79$22,785
Jan 201909,11646.033.23$29,428
Dec 201808,98346.594.19$37,598
Nov 201808,98852.934.24$38,084
Oct 201809,39061.443.40$31,908
Sep 201808,80759.543.11$27,372
Aug 201808,98159.403.07$27,541
Jul 201809,10565.142.93$26,695
Jun 201808,86060.183.08$27,262
May 201809,50265.382.90$27,563
Apr 201809,28663.842.90$26,937
Mar 201809,79261.222.79$27,289
Feb 201808,95261.782.77$24,762
Jan 201809,96662.874.01$39,957
Dec 201709,98757.272.92$29,177
Nov 201709,88055.423.12$30,809
Oct 2017010,49549.292.98$31,314
Sep 2017010,01647.523.09$30,922
Aug 201709,91245.373.00$29,780
Jul 201709,18643.873.09$28,360
Jun 201709,43842.493.09$29,138
May 201707,27545.373.26$23,741
Apr 201707,66547.933.21$24,617
Mar 201707,55746.772.98$22,548
Feb 201706,41850.452.95$18,950
Jan 201706,98249.413.42$23,870
Dec 201607,50848.763.72$27,951
Nov 201606,27142.492.64$16,583
Oct 201608,08146.193.09$24,972
Sep 20160041.553.10$0
Aug 201604,84341.442.92$14,163
Jul 201608,38141.622.92$24,509
Jun 201606,48245.352.69$17,410
May 201608,99242.521.99$17,903
Apr 201608,11036.561.99$16,147
Mar 201608,90033.011.79$15,967
Feb 201608,50626.472.06$17,553
Jan 201609,08527.352.36$21,480
Dec 201509,24332.362.00$18,499
Nov 201509,35338.792.17$20,271
Oct 2015011,17543.552.43$27,117
Sep 2015012,54142.992.76$34,593
Aug 2015012,58640.162.87$36,153
Jul 2015012,79948.152.95$37,694
Jun 2015012,51056.152.88$36,065
May 2015012,63455.212.96$37,339
Apr 2015012,40849.822.71$33,583
Mar 2015013,17342.892.93$38,659
Feb 2015012,16144.662.98$36,193
Jan 2015013,67743.433.10$42,407
Dec 2014014,08354.693.59$50,577
Nov 2014013,92570.464.25$59,207
Oct 2014014,65878.303.90$57,180
Sep 2014014,81086.164.05$59,913
Aug 2014015,79889.394.04$63,747
Jul 2014016,38696.564.18$68,487
Jun 2014016,72898.164.74$79,239
May 2014014,16594.734.73$66,952
Apr 2014011,78695.944.81$56,680
Mar 2014012,07795.895.06$61,071
Feb 2014011,54497.406.19$71,480
Jan 2014012,83090.404.86$62,363
Dec 2013013,38891.824.35$58,298
Nov 2013012,31888.853.74$46,048
Oct 2013013,29897.423.78$50,258
Sep 2013012,489104.113.72$46,431
Aug 2013014,365104.253.52$50,602
Jul 2013014,634102.523.72$54,405
Jun 2013012,24094.403.93$48,145
May 2013013,82794.834.15$57,369
Apr 2013014,06693.964.28$60,239
Mar 2013012,78293.623.91$50,014
Feb 2013013,46691.233.42$46,053
Jan 2013013,57791.603.42$46,432
Dec 201209,52086.773.42$32,560
Nov 2012014,37586.953.62$52,109
Oct 2012013,00689.383.40$44,216
Sep 2012013,94194.672.92$40,685
Aug 2012016,07392.662.91$46,743
Jul 2012015,84785.133.02$47,871
Jun 2012016,69579.822.52$42,055
May 2012017,66591.612.49$43,956
Apr 2012017,471101.652.00$34,886
Mar 2012018,129105.052.22$40,284
Feb 2012018,046101.102.57$46,383
Jan 2012019,72598.092.73$53,930
Dec 2011019,77996.873.24$64,079
Nov 2011019,26895.723.31$63,802
Oct 2011021,19184.983.65$77,316
Sep 2011021,68683.623.99$86,436
Aug 2011021,58783.404.15$89,571
Jul 2011021,99994.144.52$99,375
Jun 2011023,11092.904.64$107,228
May 2011022,18298.134.40$97,708
Apr 2011021,298105.964.33$92,290
Mar 2011022,91696.364.06$92,978
Feb 2011019,52785.644.18$81,622
Jan 2011026,77786.504.59$122,874
Dec 2010028,17585.734.35$122,498
Nov 2010028,57580.843.80$108,452
Oct 2010031,22478.103.51$109,562
Sep 2010330,54372.633.98$121,763
Aug 2010035,78473.684.42$158,142
Jul 2010039,34672.554.74$186,362
Jun 2010043,56770.364.91$213,931
May 2010017,40971.124.24$73,731
Apr 2010045,03981.694.12$185,682
Mar 2010052,28778.394.39$229,470
Feb 201004973.585.44$267
Jan 2010036,98374.365.96$220,570
Dec 2009026,16571.445.48$143,482

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
Condensate             0 bbl  × $106.41 =         $0
Gas                5,984 Mcf  × $  3.05 =    $18,226

────────────────────────────────────────────────────
Month total                                  $18,226

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/254328 is the state's own key, not one this site invented.