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 254584District 09Field 65280200CondensateGasSaveExport
Value, all time
$2.9 M
Sep 2009 – May 2026
Value, last 12 filed months
$0
at the published price for each month
Months reported
201
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
CondensateDisposition2,981 bbl$245,223
GasProduction719,079 Mcf$2,638,136
Total$2,883,359

Every month this lease reported (201)

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

201 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 20200134.901.69$2
May 20200016.921.81$0
Apr 20200014.751.80$0
Mar 202017130.341.86$518
Feb 202003,70849.881.98$7,344
Jan 202003,84257.252.09$8,048
Dec 2019313,88259.012.30$10,775
Nov 201904,57655.302.75$12,587
Oct 2019535,02853.472.42$14,994
Sep 201904,80955.052.66$12,779
Aug 201905,61153.112.30$12,930
Jul 201905,43056.272.46$13,358
Jun 2019295,30852.782.49$14,754
May 201905,18258.482.74$14,200
Apr 201904,93262.632.75$13,566
Mar 2019534,85856.803.06$17,886
Feb 201905,08850.852.79$14,207
Jan 201905,36646.033.23$17,322
Dec 201806,35146.594.19$26,582
Nov 2018455,89452.934.24$27,356
Oct 201806,37461.443.40$21,659
Sep 201805,80459.543.11$18,039
Aug 201806,17359.403.07$18,930
Jul 201806,79565.142.93$19,922
Jun 2018135,70360.183.08$18,330
May 2018266,24765.382.90$19,821
Apr 201805,44663.842.90$15,798
Mar 201835,14261.222.79$14,514
Feb 201801,16961.782.77$3,234
Jan 2018069162.874.01$2,770
Dec 201701,63957.272.92$4,788
Nov 201703,57555.423.12$11,148
Oct 201725,32749.292.98$15,993
Sep 201705,19147.523.09$16,026
Aug 201705,47445.373.00$16,446
Jul 201715,34043.873.09$16,530
Jun 201705,08942.493.09$15,711
May 201705,04945.373.26$16,477
Apr 201704,59247.933.21$14,748
Mar 201705,42946.772.98$16,198
Feb 201704,21250.452.95$12,436
Jan 201703,09349.413.42$10,574
Dec 201604,30448.763.72$16,023
Nov 201603,60442.492.64$9,530
Oct 201604,03746.193.09$12,475
Sep 201603,22141.553.10$9,987
Aug 201601,52141.442.92$4,448
Jul 2016018141.622.92$529
Jun 20160045.352.69$0
May 20160042.521.99$0
Apr 20167336.561.99$262
Mar 20160033.011.79$0
Feb 20160326.472.06$6
Jan 20160327.352.36$7
Dec 20150232.362.00$4
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 20150356.152.88$9
May 20150055.212.96$0
Apr 201535749.822.71$1,763
Mar 201501,38442.892.93$4,062
Feb 201505,34444.662.98$15,905
Jan 201506,42743.433.10$19,928
Dec 201416,07054.693.59$21,854
Nov 2014415,21970.464.25$25,079
Oct 201405,83178.303.90$22,747
Sep 2014426,30686.164.05$29,129
Aug 201406,17289.394.04$24,905
Jul 2014485,85096.564.18$29,086
Jun 201406,60898.164.74$31,301
May 201406,65394.734.73$31,446
Apr 2014546,22595.944.81$35,118
Mar 201406,67995.895.06$33,774
Feb 201405,66897.406.19$35,096
Jan 2014575,61090.404.86$32,421
Dec 201304,67791.824.35$20,366
Nov 2013505,84788.853.74$26,300
Oct 2013495,50697.423.78$25,583
Sep 201306,015104.113.72$22,362
Aug 2013505,833104.253.52$25,760
Jul 201306,294102.523.72$23,399
Jun 2013576,58594.403.93$31,282
May 201307,77594.834.15$32,259
Apr 201317,21593.964.28$30,993
Mar 2013546,75793.623.91$31,495
Feb 201305,93791.233.42$20,304
Jan 2013517,10691.603.42$28,973
Dec 201207,06086.773.42$24,146
Nov 2012956,16686.953.62$30,612
Oct 201206,55189.383.40$22,271
Sep 201207,61194.672.92$22,212
Aug 20125210,67892.662.91$35,872
Jul 2012010,34885.133.02$31,259
Jun 20125110,45579.822.52$30,407
May 2012627,83391.612.49$25,171
Apr 201207,518101.652.00$15,012
Mar 2012628,101105.052.22$24,514
Feb 2012597,795101.102.57$26,000
Jan 201229,11998.092.73$25,128
Dec 2011559,06596.873.24$34,696
Nov 201108,81895.723.31$29,199
Oct 2011568,58084.983.65$36,063
Sep 2011568,58883.623.99$38,913
Aug 2011519,06783.404.15$41,875
Jul 2011539,34994.144.52$47,221
Jun 2011509,92592.904.64$50,696
May 20114812,40498.134.40$59,348
Apr 20114610,345105.964.33$49,702
Mar 20115311,35896.364.06$51,190
Feb 20114811,25985.644.18$51,173
Jan 20114910,32886.504.59$51,631
Dec 201028410,59985.734.35$70,429
Nov 201024,24680.843.80$16,277
Oct 201015711,72378.103.51$53,396
Sep 201015312,21572.633.98$59,722
Aug 201011815,01173.684.42$75,033
Jul 201020716,46572.554.74$93,004
Jun 201079,11670.364.91$45,256
May 20101226,28371.124.24$35,287
Apr 201010118,24481.694.12$83,465
Mar 20101118,26578.394.39$81,021
Feb 2010116,68473.585.44$90,874
Jan 20100074.365.96$0
Dec 20090071.445.48$0
Nov 20090074.593.75$0
Oct 20090072.544.11$0
Sep 20090065.543.06$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.

Jun 2020 — as filed, then multipliedworked
Condensate             0 bbl  × $ 34.90 =         $0
Gas                    1 Mcf  × $  1.69 =         $2

────────────────────────────────────────────────────
Month total                                       $2

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/254584 is the state's own key, not one this site invented.