LANGDON B - STEWART 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 265466District 09Field 65280200CondensateGasSaveExport
Value, all time
$4.4 M
Jan 2012 – May 2026
Value, last 12 filed months
$175 k
at the published price for each month
Months reported
173
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
CondensateDisposition8,199 bbl$597,766
GasProduction1,141,015 Mcf$3,780,750
Total$4,378,516

Every month this lease reported (173)

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

173 months

May 202602,276106.413.05$6,932
Apr 2026333,05198.932.87$12,020
Mar 202603,99089.753.15$12,566
Feb 202604,05963.503.75$15,223
Jan 202604,80859.138.00$38,454
Dec 202504,12356.664.41$18,196
Nov 202503,85258.593.93$15,125
Oct 202503,90259.383.30$12,895
Sep 202503,38962.743.08$10,428
Aug 202503,44263.933.01$10,377
Jul 202562,73766.743.32$9,474
Jun 2025333,55066.483.13$13,301
May 202504,09760.553.23$13,243
Apr 202584,13962.363.54$15,164
Mar 202504,63767.704.27$19,792
Feb 202563,80170.884.34$16,925
Jan 202503,83274.324.28$16,396
Dec 202403,53068.993.12$11,018
Nov 202403,11469.052.20$6,846
Oct 2024373,53871.372.28$10,712
Sep 202403,46369.612.36$8,188
Aug 202403,73575.632.06$7,708
Jul 202403,93679.932.15$8,449
Jun 2024103,60778.082.63$10,282
May 202403,43678.812.20$7,554
Apr 202403,64184.451.66$6,041
Mar 202404,24080.301.55$6,551
Feb 202403,55076.091.78$6,332
Jan 2024154,50573.023.30$15,951
Dec 202303,76871.262.61$9,837
Nov 202303,64377.892.81$10,228
Oct 202303,96585.443.09$12,241
Sep 202303,94789.042.74$10,795
Aug 202304,08480.522.67$10,916
Jul 202304,37874.852.64$11,566
Jun 2023353,87168.962.26$11,156
May 202304,79270.622.23$10,674
Apr 202303,93078.122.24$8,794
Mar 202304,60172.852.39$11,011
Feb 202337075.112.47$2,779
Jan 202304,11076.533.39$13,924
Dec 202203,95776.415.73$22,670
Nov 2022364,36585.005.65$27,706
Oct 202204,39787.185.86$25,783
Sep 202204,31084.888.16$35,185
Aug 202204,02894.529.13$36,764
Jul 202203,938101.587.54$29,701
Jun 2022343,744115.097.98$33,780
May 202203,952109.378.43$33,327
Apr 202203,937104.226.84$26,920
Mar 2022374,512108.885.08$26,933
Feb 202204,20991.054.86$20,451
Jan 2022384,69281.844.54$24,401
Dec 202104,95671.323.90$19,324
Nov 202104,88677.435.24$25,587
Oct 202104,89579.795.71$27,969
Sep 2021474,57269.865.35$27,748
Aug 202104,90866.024.22$20,715
Jul 202104,75270.783.98$18,923
Jun 202104,71269.493.38$15,929
May 2021444,71663.483.02$17,024
Apr 202104,61260.362.76$12,722
Mar 2021434,74161.302.72$15,517
Feb 202104,17657.805.55$23,168
Jan 202104,59750.412.81$12,919
Dec 2020734,60244.642.68$15,571
Nov 2020654,26938.772.71$14,074
Oct 202004,35936.972.48$10,803
Sep 202004,32337.091.99$8,607
Aug 202004,43239.982.39$10,571
Jul 2020774,38938.371.83$10,965
Jun 202004,25034.901.69$7,184
May 2020454,63716.921.81$9,176
Apr 202003,96014.751.80$7,145
Mar 2020594,40030.341.86$9,957
Feb 2020504,56349.881.98$11,532
Jan 202004,91257.252.09$10,289
Dec 201904,53359.012.30$10,446
Nov 20191214,43255.302.75$18,882
Oct 201905,10853.472.42$12,354
Sep 20191444,76755.052.66$20,594
Aug 201904,83753.112.30$11,146
Jul 201904,51856.272.46$11,115
Jun 201905,00552.782.49$12,468
May 20191875,52958.482.74$26,087
Apr 201905,38162.632.75$14,802
Mar 201904,81656.803.06$14,747
Feb 201905,12150.852.79$14,299
Jan 201904,62846.033.23$14,940
Dec 201805,01146.594.19$20,973
Nov 201805,26252.934.24$22,296
Oct 201806,48461.443.40$22,033
Sep 2018786,38959.543.11$24,501
Aug 201805,17559.403.07$15,869
Jul 20181864,82665.142.93$26,265
Jun 201804,62960.183.08$14,243
May 20181795,21165.382.90$26,819
Apr 201805,11263.842.90$14,829
Mar 20181905,14961.222.79$25,981
Feb 201805,02261.782.77$13,891
Jan 20181886,36062.874.01$37,319
Dec 201705,57457.272.92$16,285
Nov 20171755,98155.423.12$28,349
Oct 201706,45549.292.98$19,260
Sep 20171836,52147.523.09$28,828
Aug 201707,46245.373.00$22,419
Jul 20171627,67343.873.09$30,796
Jun 201708,17042.493.09$25,223
May 20171857,36445.373.26$32,425
Apr 201706,85347.933.21$22,009
Mar 201706,87046.772.98$20,498
Feb 2017936,76350.452.95$24,660
Jan 201708,79549.413.42$30,068
Dec 2016468,10648.763.72$32,420
Nov 201607,60242.492.64$20,102
Oct 2016468,92246.193.09$29,696
Sep 201608,90941.553.10$27,624
Aug 20161309,34941.442.92$32,727
Jul 201609,49141.622.92$27,755
Jun 201609,82245.352.69$26,380
May 201617611,24542.521.99$29,873
Apr 2016015,64336.561.99$31,146
Mar 2016216,16533.011.79$29,066
Feb 201617215,68626.472.06$36,923
Jan 2016016,86027.352.36$39,863
Dec 2015017,77832.362.00$35,581
Nov 2015012,84838.792.17$27,846
Oct 201524612,01243.552.43$39,861
Sep 2015012,16942.992.76$33,567
Aug 20157812,39440.162.87$38,734
Jul 20155713,13848.152.95$41,437
Jun 201509,60156.152.88$27,678
May 20151110,74755.212.96$32,370
Apr 2015138,60349.822.71$23,932
Mar 201508,24442.892.93$24,194
Feb 2015156,99244.662.98$21,479
Jan 2015197,48343.433.10$24,027
Dec 201416,72054.693.59$24,189
Nov 2014326,51770.464.25$29,964
Oct 2014648,75278.303.90$39,152
Sep 201409,98186.164.05$40,378
Aug 201413110,04989.394.04$52,259
Jul 20147010,47196.564.18$50,524
Jun 2014649,65098.164.74$51,993
May 20146511,13994.734.73$58,807
Apr 20147110,84295.944.81$58,952
Mar 20141479,90695.895.06$64,188
Feb 2014667,95397.406.19$55,673
Jan 20141159,30990.404.86$55,644
Dec 2013879,04791.824.35$47,383
Nov 20131388,97288.853.74$45,801
Oct 201326210,69997.423.78$65,959
Sep 201311810,357104.113.72$50,790
Aug 201310110,914104.253.52$48,975
Jul 201311310,322102.523.72$49,959
Jun 20131809,62494.403.93$54,847
May 20131097,63794.834.15$42,023
Apr 20131619,51593.964.28$55,876
Mar 20131209,28193.623.91$47,550
Feb 20131237,11591.233.42$35,554
Jan 201318910,71391.603.42$53,950
Dec 20121837,52986.773.42$41,629
Nov 201214514,45186.953.62$64,992
Oct 201224615,45089.383.40$74,513
Sep 201215213,88094.672.92$54,897
Aug 201220517,95492.662.91$71,208
Jul 201226419,90585.133.02$82,603
Jun 201247125,19979.822.52$101,073
May 20125610,83891.612.49$32,099
Apr 201200101.652.00$0
Mar 201200105.052.22$0
Feb 201200101.102.57$0
Jan 20120098.092.73$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                2,276 Mcf  × $  3.05 =     $6,932

────────────────────────────────────────────────────
Month total                                   $6,932

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/265466 is the state's own key, not one this site invented.