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 260114District 09Field 65280200CondensateGasSaveExport
Value, all time
$3.6 M
Oct 2010 – May 2026
Value, last 12 filed months
$0
at the published price for each month
Months reported
188
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
CondensateDisposition3,081 bbl$266,312
GasProduction928,510 Mcf$3,346,132
Total$3,612,443

Every month this lease reported (188)

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

188 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 20200334.901.69$5
May 20200016.921.81$0
Apr 20200014.751.80$0
Mar 202018030.341.86$546
Feb 202004,36449.881.98$8,644
Jan 202004,61557.252.09$9,667
Dec 2019273,90059.012.30$10,580
Nov 201905,95255.302.75$16,372
Oct 2019506,76753.472.42$19,040
Sep 201906,88455.052.66$18,293
Aug 201906,88453.112.30$15,863
Jul 201906,98356.272.46$17,179
Jun 2019347,10552.782.49$19,495
May 201907,06658.482.74$19,363
Apr 201906,24062.632.75$17,164
Mar 2019576,56956.803.06$23,353
Feb 201905,64150.852.79$15,751
Jan 201905,90346.033.23$19,056
Dec 201805,95946.594.19$24,941
Nov 2018636,79952.934.24$32,144
Oct 201807,21561.443.40$24,517
Sep 201807,81959.543.11$24,301
Aug 201808,59359.403.07$26,351
Jul 201808,30265.142.93$24,340
Jun 2018208,79060.183.08$28,250
May 2018389,07665.382.90$28,812
Apr 201808,94863.842.90$25,956
Mar 2018146,88361.222.79$20,039
Feb 201803,47861.782.77$9,621
Jan 201803,05762.874.01$12,256
Dec 201703,19057.272.92$9,320
Nov 201702,89655.423.12$9,031
Oct 2017586,99349.292.98$23,724
Sep 201707,35747.523.09$22,713
Aug 201708,68745.373.00$26,099
Jul 2017158,02143.873.09$25,421
Jun 201707,99942.493.09$24,695
May 201707,86445.373.26$25,663
Apr 201707,30347.933.21$23,454
Mar 201708,81646.772.98$26,304
Feb 201707,00650.452.95$20,686
Jan 201708,19349.413.42$28,010
Dec 201604,35048.763.72$16,194
Nov 201605,32842.492.64$14,089
Oct 201604,99046.193.09$15,420
Sep 201602,79841.553.10$8,676
Aug 201601,72541.442.92$5,044
Jul 2016012241.622.92$357
Jun 2016013045.352.69$349
May 20160042.521.99$0
Apr 20160436.561.99$8
Mar 20160033.011.79$0
Feb 20160426.472.06$8
Jan 20160327.352.36$7
Dec 20150132.362.00$2
Nov 20150038.792.17$0
Oct 20150343.552.43$7
Sep 20150142.992.76$3
Aug 20150040.162.87$0
Jul 20150048.152.95$0
Jun 20150256.152.88$6
May 20150055.212.96$0
Apr 201535349.822.71$1,752
Mar 201501,29342.892.93$3,795
Feb 201505,94744.662.98$17,699
Jan 201507,07243.433.10$21,928
Dec 201446,62054.693.59$23,994
Nov 2014177,21370.464.25$31,866
Oct 201408,51778.303.90$33,224
Sep 2014228,84586.164.05$37,677
Aug 201408,29189.394.04$33,455
Jul 2014318,13196.564.18$36,978
Jun 201409,23298.164.74$43,731
May 201407,21994.734.73$34,121
Apr 2014508,05195.944.81$43,515
Mar 201407,18395.895.06$36,323
Feb 201408,51697.406.19$52,731
Jan 2014519,55290.404.86$51,040
Dec 201308,49991.824.35$37,009
Nov 2013537,89588.853.74$34,223
Oct 2013527,65597.423.78$33,997
Sep 201309,694104.113.72$36,040
Aug 20135510,144104.253.52$41,467
Jul 201309,423102.523.72$35,032
Jun 2013688,37594.403.93$39,362
May 201309,48794.834.15$39,362
Apr 2013310,19093.964.28$43,921
Mar 20137610,38993.623.91$47,766
Feb 201309,65391.233.42$33,012
Jan 20139012,73391.603.42$51,790
Dec 2012012,88186.773.42$44,055
Nov 201214613,26086.953.62$60,762
Oct 2012015,53989.383.40$52,828
Sep 2012012,43494.672.92$36,287
Aug 20125911,28892.662.91$38,294
Jul 2012011,31785.133.02$34,186
Jun 20128810,57179.822.52$33,653
May 20129411,48991.612.49$37,200
Apr 2012012,685101.652.00$25,329
Mar 2012987,408105.052.22$26,756
Feb 2012849,044101.102.57$31,738
Jan 2012811,10198.092.73$31,136
Dec 20117812,96096.873.24$49,543
Nov 2011012,61495.723.31$41,768
Oct 201110613,03084.983.65$56,548
Sep 201112015,74783.623.99$72,799
Aug 201110917,26383.404.15$80,720
Jul 201111419,07194.144.52$96,880
Jun 201113019,12092.904.64$100,792
May 201113221,48498.134.40$107,586
Apr 201112623,102105.964.33$113,458
Mar 201113025,05596.364.06$114,183
Feb 201114219,31585.644.18$92,897
Jan 201114930,97586.504.59$155,026
Dec 201016337,39285.734.35$176,545
Nov 2010422,96280.843.80$87,472
Oct 20100078.103.51$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                    3 Mcf  × $  1.69 =         $5

────────────────────────────────────────────────────
Month total                                       $5

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/260114 is the state's own key, not one this site invented.