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 259005District 09Field 65280200CondensateGasSaveExport
Value, all time
$520 k
Jun 2010 – May 2026
Value, last 12 filed months
$0
at the published price for each month
Months reported
192
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
CondensateDisposition677 bbl$56,817
GasProduction110,753 Mcf$463,551
Total$520,368

Every month this lease reported (192)

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

192 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 20200034.901.69$0
May 20200016.921.81$0
Apr 20200014.751.80$0
Mar 20200030.341.86$0
Feb 2020014649.881.98$289
Jan 2020136557.252.09$822
Dec 2019039459.012.30$908
Nov 2019042955.302.75$1,180
Oct 2019049253.472.42$1,190
Sep 2019041255.052.66$1,095
Aug 2019046753.112.30$1,076
Jul 2019058056.272.46$1,427
Jun 2019050152.782.49$1,248
May 2019044958.482.74$1,230
Apr 2019039062.632.75$1,073
Mar 2019041956.803.06$1,283
Feb 2019030150.852.79$840
Jan 2019030246.033.23$975
Dec 2018019946.594.19$833
Nov 2018024452.934.24$1,034
Oct 2018039461.443.40$1,339
Sep 2018044959.543.11$1,395
Aug 2018046059.403.07$1,411
Jul 2018049765.142.93$1,457
Jun 2018050260.183.08$1,545
May 2018054165.382.90$1,569
Apr 2018041363.842.90$1,198
Mar 2018035661.222.79$992
Feb 201807261.782.77$199
Jan 2018025462.874.01$1,018
Dec 201705357.272.92$155
Nov 20170055.423.12$0
Oct 201702649.292.98$78
Sep 2017012447.523.09$383
Aug 2017025845.373.00$775
Jul 2017036243.873.09$1,118
Jun 2017040742.493.09$1,257
May 2017034645.373.26$1,129
Apr 2017086947.933.21$2,791
Mar 2017039646.772.98$1,182
Feb 2017024850.452.95$732
Jan 2017023049.413.42$786
Dec 20160048.763.72$0
Nov 20160042.492.64$0
Oct 20160046.193.09$0
Sep 20160041.553.10$0
Aug 20160041.442.92$0
Jul 201609241.622.92$269
Jun 20160645.352.69$16
May 20160042.521.99$0
Apr 20160436.561.99$8
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 20150042.892.93$0
Feb 20150044.662.98$0
Jan 20150043.433.10$0
Dec 2014141554.693.59$820
Nov 20140070.464.25$0
Oct 20140078.303.90$0
Sep 20140086.164.05$0
Aug 20140089.394.04$0
Jul 20140096.564.18$0
Jun 20140098.164.74$0
May 20140094.734.73$0
Apr 20141095.944.81$96
Mar 20140195.895.06$5
Feb 20140097.406.19$0
Jan 20143090.404.86$271
Dec 20130091.824.35$0
Nov 20133388.853.74$278
Oct 20132097.423.78$195
Sep 201300104.113.72$0
Aug 201320104.253.52$209
Jul 201300102.523.72$0
Jun 2013121994.403.93$1,208
May 20130094.834.15$0
Apr 2013121393.964.28$1,183
Mar 20132093.623.91$187
Feb 20130191.233.42$3
Jan 2013434291.603.42$4,082
Dec 20120086.773.42$0
Nov 201225186.953.62$2,177
Oct 20120089.383.40$0
Sep 20120094.672.92$0
Aug 201243192.662.91$3,987
Jul 201202285.133.02$66
Jun 2012299179.822.52$2,544
May 2012363991.612.49$3,395
Apr 201200101.652.00$0
Mar 201299105.052.22$965
Feb 201202101.102.57$5
Jan 2012192198.092.73$1,921
Dec 20110096.873.24$0
Nov 20110095.723.31$0
Oct 20110084.983.65$0
Sep 2011232583.623.99$2,023
Aug 201191083.404.15$792
Jul 20110094.144.52$0
Jun 2011171992.904.64$1,667
May 2011151798.134.40$1,547
Apr 20111212105.964.33$1,324
Mar 2011161796.364.06$1,611
Feb 2011141885.644.18$1,274
Jan 2011313486.504.59$2,838
Dec 201052285.734.35$4,467
Nov 20101343680.843.80$2,706
Oct 20102514,23778.103.51$51,909
Sep 2010918,22872.633.98$73,191
Aug 20106821,06073.684.42$98,082
Jul 20109829,39472.554.74$146,334
Jun 20101913,51570.364.91$67,701

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.

Feb 2020 — as filed, then multipliedworked
Condensate             0 bbl  × $ 49.88 =         $0
Gas                  146 Mcf  × $  1.98 =       $289

────────────────────────────────────────────────────
Month total                                     $289

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/259005 is the state's own key, not one this site invented.