HOT LIPS 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 255300District 09Field 65280200CondensateGasSaveExport
Value, all time
$2.6 M
Nov 2009 – May 2026
Value, last 12 filed months
$230 k
at the published price for each month
Months reported
199
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
CondensateDisposition317 bbl$25,559
GasProduction753,173 Mcf$2,551,003
Total$2,576,562

Every month this lease reported (199)

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

199 months

May 202603,998106.413.05$12,177
Apr 202613,87698.932.87$11,222
Mar 2026323,96889.753.15$15,369
Feb 202603,50763.503.75$13,152
Jan 202604,11059.138.00$32,871
Dec 202504,02156.664.41$17,746
Nov 202503,90058.593.93$15,313
Oct 202503,93559.383.30$13,005
Sep 202503,72662.743.08$11,465
Aug 202503,94363.933.01$11,887
Jul 2025017,42766.743.32$57,774
Jun 202505,69766.483.13$17,824
May 202505,68760.553.23$18,382
Apr 202536,35262.363.54$22,693
Mar 202506,80667.704.27$29,050
Feb 202526,13470.884.34$26,768
Jan 202526,95774.324.28$29,915
Dec 202426,98068.993.12$21,925
Nov 202406,57769.052.20$14,459
Oct 202407,23571.372.28$16,506
Sep 202427,08969.612.36$16,900
Aug 202407,36175.632.06$15,190
Jul 202428,14879.932.15$17,650
Jun 202407,72678.082.63$20,350
May 202427,93378.812.20$17,598
Apr 202427,10984.451.66$11,964
Mar 202426,69380.301.55$10,502
Feb 202446,03276.091.78$11,063
Jan 202425,92473.023.30$19,681
Dec 202326,35471.262.61$16,731
Nov 202306,12277.892.81$17,188
Oct 202306,19085.443.09$19,110
Sep 202325,82789.042.74$16,115
Aug 202316,16880.522.67$16,567
Jul 202306,38174.852.64$16,857
Jun 202309,17768.962.26$20,726
May 202304,63870.622.23$10,331
Apr 202314,08578.122.24$9,219
Mar 202354,12172.852.39$10,226
Feb 202344,26775.112.47$10,822
Jan 202323,55776.533.39$12,203
Dec 202223,61576.415.73$20,863
Nov 202203,41785.005.65$19,293
Oct 202223,66387.185.86$21,653
Sep 202213,55884.888.16$29,131
Aug 202203,59194.529.13$32,776
Jul 202233,367101.587.54$25,699
Jun 202273,246115.097.98$26,700
May 202283,660109.378.43$31,740
Apr 202263,803104.226.84$26,629
Mar 2022233,673108.885.08$21,150
Feb 202223,64491.054.86$17,888
Jan 202203,74081.844.54$16,971
Dec 202103,60371.323.90$14,049
Nov 202103,18077.435.24$16,653
Oct 202143,13779.795.71$18,244
Sep 202102,83169.865.35$15,148
Aug 2021463,31066.024.22$17,007
Jul 202103,03670.783.98$12,090
Jun 202102,80569.493.38$9,483
May 202103,33763.483.02$10,070
Apr 202103,37560.362.76$9,310
Mar 202102,90061.302.72$7,879
Feb 202101,91157.805.55$10,602
Jan 2021193,09850.412.81$9,664
Dec 202003,14844.642.68$8,422
Nov 202003,05838.772.71$8,277
Oct 202003,16236.972.48$7,837
Sep 202003,54937.091.99$7,066
Aug 202004,13639.982.39$9,865
Jul 202044,36238.371.83$8,115
Jun 202004,12434.901.69$6,971
May 202004,68016.921.81$8,493
Apr 202004,39214.751.80$7,925
Mar 202004,33530.341.86$8,047
Feb 202004,01849.881.98$7,958
Jan 202004,30257.252.09$9,012
Dec 201904,30859.012.30$9,927
Nov 201904,20455.302.75$11,564
Oct 201904,36953.472.42$10,567
Sep 201904,21455.052.66$11,198
Aug 201904,41453.112.30$10,171
Jul 201904,41456.272.46$10,859
Jun 201904,25052.782.49$10,588
May 201904,34258.482.74$11,898
Apr 201904,39462.632.75$12,087
Mar 201904,66756.803.06$14,291
Feb 201904,21150.852.79$11,758
Jan 201904,58046.033.23$14,785
Dec 201804,66646.594.19$19,529
Nov 201804,65652.934.24$19,729
Oct 201804,76861.443.40$16,202
Sep 201804,56959.543.11$14,200
Aug 201804,64259.403.07$14,235
Jul 201804,66265.142.93$13,668
Jun 201804,51660.183.08$13,895
May 201814,67565.382.90$13,627
Apr 201804,23163.842.90$12,273
Mar 201804,25661.222.79$11,861
Feb 201804,14561.782.77$11,466
Jan 201804,41162.874.01$17,685
Dec 201704,48757.272.92$13,109
Nov 201704,49755.423.12$14,023
Oct 201704,99249.292.98$14,895
Sep 201704,40247.523.09$13,590
Aug 201704,76645.373.00$14,319
Jul 201704,40543.873.09$13,599
Jun 201704,21542.493.09$13,013
May 201704,45445.373.26$14,535
Apr 201703,90147.933.21$12,528
Mar 201704,48046.772.98$13,367
Feb 201703,86250.452.95$11,403
Jan 201703,87949.413.42$13,262
Dec 201613,29948.763.72$12,330
Nov 201604,64542.492.64$12,283
Oct 201605,80046.193.09$17,924
Sep 201602,59241.553.10$8,037
Aug 2016074041.442.92$2,164
Jul 2016073341.622.92$2,144
Jun 2016093545.352.69$2,511
May 2016032242.521.99$641
Apr 201622036.561.99$804
Mar 20160033.011.79$0
Feb 20160026.472.06$0
Jan 20160027.352.36$0
Dec 20150032.362.00$0
Nov 20150038.792.17$0
Oct 20150043.552.43$0
Sep 20150042.992.76$0
Aug 20150040.162.87$0
Jul 20150048.152.95$0
Jun 20150056.152.88$0
May 20150055.212.96$0
Apr 20150049.822.71$0
Mar 201507042.892.93$205
Feb 20150044.662.98$0
Jan 2015032943.433.10$1,020
Dec 2014034954.693.59$1,253
Nov 2014031870.464.25$1,352
Oct 2014031678.303.90$1,233
Sep 201408286.164.05$332
Aug 20140089.394.04$0
Jul 20140096.564.18$0
Jun 20140098.164.74$0
May 20140094.734.73$0
Apr 20140095.944.81$0
Mar 20140095.895.06$0
Feb 20140097.406.19$0
Jan 20140090.404.86$0
Dec 2013019491.824.35$845
Nov 2013526788.853.74$1,442
Oct 2013018997.423.78$714
Sep 2013031104.113.72$115
Aug 201301104.253.52$4
Jul 2013250102.523.72$391
Jun 20130294.403.93$8
May 2013036894.834.15$1,527
Apr 2013058593.964.28$2,505
Mar 201322,52393.623.91$10,059
Feb 201301,17391.233.42$4,012
Jan 201332,83591.603.42$9,970
Dec 201202,66686.773.42$9,118
Nov 201203,11286.953.62$11,281
Oct 201203,41189.383.40$11,596
Sep 201202,52794.672.92$7,375
Aug 2012123,00892.662.91$9,860
Jul 201204,46485.133.02$13,485
Jun 201213,53879.822.52$8,992
May 201214,10191.612.49$10,296
Apr 201213,502101.652.00$7,094
Mar 201224,521105.052.22$10,256
Feb 2012293,080101.102.57$10,848
Jan 201204,97498.092.73$13,599
Dec 201135,65696.873.24$18,615
Nov 201105,37495.723.31$17,795
Oct 201106,67584.983.65$24,354
Sep 201106,90783.623.99$27,530
Aug 201109,48283.404.15$39,344
Jul 201109,90894.144.52$44,757
Jun 201108,93492.904.64$41,453
May 201128,90898.134.40$39,434
Apr 201109,141105.964.33$39,611
Mar 2011110,09996.364.06$41,071
Feb 201108,91985.644.18$37,281
Jan 2011011,58386.504.59$53,152
Dec 2010013,03585.734.35$56,673
Nov 2010515,08880.843.80$57,668
Oct 20102220,40478.103.51$73,314
Sep 20100072.633.98$0
Aug 20100073.684.42$0
Jul 20100072.554.74$0
Jun 20100070.364.91$0
May 20100071.124.24$0
Apr 20100081.694.12$0
Mar 20100078.394.39$0
Feb 20100073.585.44$0
Jan 20100074.365.96$0
Dec 20090071.445.48$0
Nov 20090074.593.75$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
Condensate             0 bbl  × $106.41 =         $0
Gas                3,998 Mcf  × $  3.05 =    $12,177

────────────────────────────────────────────────────
Month total                                  $12,177

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/255300 is the state's own key, not one this site invented.