RED DRAGON 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 258688District 09Field 65280200CondensateGasSaveExport
Value, all time
$4.9 M
May 2010 – May 2026
Value, last 12 filed months
$183 k
at the published price for each month
Months reported
193
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
CondensateDisposition12,965 bbl$924,718
GasProduction1,138,182 Mcf$3,978,165
Total$4,902,883

Every month this lease reported (193)

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

193 months

May 2026932,660106.413.05$17,998
Apr 202602,44398.932.87$7,011
Mar 202602,64989.753.15$8,343
Feb 202602,68563.503.75$10,070
Jan 202603,10959.138.00$24,866
Dec 202503,08356.664.41$13,606
Nov 2025883,29958.593.93$18,109
Oct 202504,55559.383.30$15,054
Sep 20251204,36962.743.08$20,972
Aug 202504,31463.933.01$13,006
Jul 2025924,15566.743.32$19,915
Jun 2025154,07766.483.13$13,753
May 202504,01460.553.23$12,975
Apr 2025943,82062.363.54$19,397
Mar 202503,66167.704.27$15,626
Feb 202503,07670.884.34$13,352
Jan 202501,00474.324.28$4,296
Dec 202403,72768.993.12$11,633
Nov 2024943,61969.052.20$14,447
Oct 202403,57871.372.28$8,163
Sep 202403,35969.612.36$7,942
Aug 2024933,45075.632.06$14,153
Jul 202403,59379.932.15$7,713
Jun 2024813,67978.082.63$16,015
May 202403,56278.812.20$7,831
Apr 202404,21384.451.66$6,990
Mar 2024664,18780.301.55$11,769
Feb 2024253,88676.091.78$8,833
Jan 202404,86473.023.30$16,040
Dec 202304,41771.262.61$11,532
Nov 202303,31477.892.81$9,304
Oct 20231013,91785.443.09$20,722
Sep 2023934,03189.042.74$19,306
Aug 202304,12180.522.67$11,015
Jul 2023683,08574.852.64$13,240
Jun 20231004,40868.962.26$16,851
May 202305,41070.622.23$12,050
Apr 2023924,50978.122.24$17,277
Mar 202304,64572.852.39$11,116
Feb 202304,35075.112.47$10,726
Jan 2023765,00776.533.39$22,779
Dec 202205,31176.415.73$30,427
Nov 2022955,57485.005.65$39,547
Oct 202205,83887.185.86$34,233
Sep 2022885,43684.888.16$51,847
Aug 202206,11394.529.13$55,794
Jul 202205,638101.587.54$42,522
Jun 2022765,008115.097.98$48,697
May 202206,152109.378.43$51,880
Apr 2022595,895104.226.84$46,457
Mar 202206,044108.885.08$30,682
Feb 2022945,57691.054.86$35,652
Jan 202206,29581.844.54$28,565
Dec 2021956,03471.323.90$30,303
Nov 202105,87877.435.24$30,782
Oct 202105,98479.795.71$34,192
Sep 2021835,59669.865.35$35,742
Aug 20211335,74366.024.22$33,020
Jul 202105,45270.783.98$21,710
Jun 20211025,99169.493.38$27,341
May 20211346,28763.483.02$27,478
Apr 202105,91360.362.76$16,311
Mar 2021486,41461.302.72$20,369
Feb 202105,39957.805.55$29,953
Jan 2021876,48950.412.81$22,622
Dec 2020356,30544.642.68$18,431
Nov 202006,03538.772.71$16,334
Oct 2020686,15636.972.48$17,771
Sep 2020195,67537.091.99$12,004
Aug 202006,12039.982.39$14,597
Jul 2020956,31338.371.83$15,167
Jun 202006,24334.901.69$10,553
May 2020986,41516.921.81$13,300
Apr 20201065,48514.751.80$11,461
Mar 202006,28730.341.86$11,670
Feb 202005,85249.881.98$11,591
Jan 202006,43857.252.09$13,486
Dec 201906,27859.012.30$14,467
Nov 20191266,23055.302.75$24,105
Oct 20191716,66453.472.42$25,261
Sep 201906,32355.052.66$16,802
Aug 20191966,83153.112.30$26,151
Jul 20191877,09056.272.46$27,964
Jun 2019616,37152.782.49$19,091
May 20191666,94558.482.74$28,739
Apr 20191836,54562.632.75$29,465
Mar 201907,08456.803.06$21,692
Feb 20191856,05850.852.79$26,323
Jan 201906,98546.033.23$22,549
Dec 20181767,52146.594.19$39,679
Nov 201807,13652.934.24$30,237
Oct 20183596,97961.443.40$45,772
Sep 201806,48459.543.11$20,152
Aug 20181436,71859.403.07$29,095
Jul 20181776,13265.142.93$29,508
Jun 2018945,74260.183.08$23,325
May 20183146,51465.382.90$39,425
Apr 20181756,57463.842.90$30,242
Mar 20181686,37561.222.79$28,051
Feb 201805,94461.782.77$16,442
Jan 201806,47762.874.01$25,968
Dec 20171806,19557.272.92$28,407
Nov 201705,56055.423.12$17,338
Oct 20171797,17349.292.98$30,225
Sep 201706,94647.523.09$21,444
Aug 20171617,24745.373.00$29,077
Jul 201707,08943.873.09$21,886
Jun 20171796,58842.493.09$27,945
May 201707,81745.373.26$25,510
Apr 20171847,54347.933.21$33,044
Mar 201708,82946.772.98$26,343
Feb 20171776,77650.452.95$28,936
Jan 201709,02349.413.42$30,848
Dec 20161618,89348.763.72$40,957
Nov 201609,07442.492.64$23,995
Oct 20161829,38246.193.09$37,399
Sep 201606,51741.553.10$20,207
Aug 201606,88241.442.92$20,125
Jul 20161726,00041.622.92$24,705
Jun 201605,46045.352.69$14,665
May 201605,43942.521.99$10,829
Apr 2016726,01736.561.99$14,612
Mar 201626,82833.011.79$12,316
Feb 2016976,48226.472.06$15,944
Jan 2016917,24427.352.36$19,616
Dec 2015887,47432.362.00$17,806
Nov 201506,94238.792.17$15,046
Oct 2015786,37743.552.43$18,871
Sep 201503,38142.992.76$9,326
Aug 2015923,77240.162.87$14,530
Jul 201503,90748.152.95$11,506
Jun 2015603,97556.152.88$14,828
May 2015493,84355.212.96$14,063
Apr 201504,96049.822.71$13,425
Mar 2015356,22142.892.93$19,758
Feb 201504,67444.662.98$13,911
Jan 2015605,30143.433.10$19,042
Dec 2014615,84654.693.59$24,331
Nov 2014435,19870.464.25$25,131
Oct 2014285,15578.303.90$22,302
Sep 201405,61486.164.05$22,711
Aug 2014675,66589.394.04$28,848
Jul 201405,51296.564.18$23,038
Jun 20142175,02998.164.74$45,122
May 201405,41494.734.73$25,590
Apr 2014614,64795.944.81$28,200
Mar 201405,88095.895.06$29,734
Feb 2014286,01497.406.19$39,966
Jan 2014174,93390.404.86$25,515
Dec 2013245,12291.824.35$24,507
Nov 2013324,26288.853.74$18,776
Oct 2013315,06997.423.78$22,178
Sep 2013303,492104.113.72$16,106
Aug 2013104,113104.253.52$15,531
Jul 201305,352102.523.72$19,897
Jun 2013464,99294.403.93$23,978
May 2013454,72194.834.15$23,855
Apr 201305,47993.964.28$23,464
Mar 20131565,20493.623.91$34,967
Feb 2013603,67891.233.42$18,052
Jan 201304,66691.603.42$15,957
Dec 20121404,54886.773.42$27,703
Nov 2012545,14986.953.62$23,360
Oct 2012415,59789.383.40$22,693
Sep 2012455,94294.672.92$21,601
Aug 2012826,41492.662.91$26,251
Jul 2012816,84585.133.02$27,573
Jun 2012916,60079.822.52$23,889
May 20121536,53191.612.49$30,268
Apr 2012857,046101.652.00$22,710
Mar 20121727,500105.052.22$34,734
Feb 2012797,253101.102.57$26,629
Jan 2012827,24498.092.73$27,849
Dec 20112048,50796.873.24$47,322
Nov 201106,55095.723.31$21,689
Oct 20111755,66484.983.65$35,537
Sep 20112099,25283.623.99$54,353
Aug 201112111,21483.404.15$56,622
Jul 201126111,94994.144.52$78,547
Jun 201127918,30792.904.64$110,861
May 201131221,23498.134.40$124,149
Apr 201149323,795105.964.33$155,349
Mar 201118112,21796.364.06$67,010
Feb 201118818,73585.644.18$94,412
Jan 201139426,70386.504.59$156,615
Dec 201019,21085.734.35$40,129
Nov 20100080.843.80$0
Oct 20100078.103.51$0
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

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            93 bbl  × $106.41 =     $9,896
Gas                2,660 Mcf  × $  3.05 =     $8,102

────────────────────────────────────────────────────
Month total                                  $17,998

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/258688 is the state's own key, not one this site invented.