HOFFMAN 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 265604District 09Field 65280200CondensateGasSaveExport
Value, all time
$3.5 M
Jun 2012 – May 2026
Value, last 12 filed months
$28 k
at the published price for each month
Months reported
168
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
CondensateDisposition1,666 bbl$124,274
GasProduction971,822 Mcf$3,350,892
Total$3,475,166

Every month this lease reported (168)

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

168 months

May 202600106.413.05$0
Apr 20260098.932.87$0
Mar 20260089.753.15$0
Feb 202647063.503.75$2,985
Jan 202601,29259.138.00$10,333
Dec 2025049056.664.41$2,163
Nov 2025094558.593.93$3,710
Oct 2025395659.383.30$3,338
Sep 202509962.743.08$305
Aug 20254063.933.01$256
Jul 20250066.743.32$0
Jun 202501,50166.483.13$4,696
May 202503,40860.553.23$11,016
Apr 202502,04962.363.54$7,260
Mar 202501,25467.704.27$5,352
Feb 2025095570.884.34$4,146
Jan 2025026674.324.28$1,138
Dec 20247068.993.12$483
Nov 20240069.052.20$0
Oct 2024028671.372.28$652
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 20244530784.451.66$4,310
Mar 2024082080.301.55$1,267
Feb 2024068576.091.78$1,222
Jan 202401,01973.023.30$3,360
Dec 202302,33371.262.61$6,091
Nov 202302,39177.892.81$6,713
Oct 202302,64085.443.09$8,150
Sep 202301,93789.042.74$5,298
Aug 20230080.522.67$0
Jul 202357074.852.64$4,266
Jun 2023052168.962.26$1,177
May 2023026470.622.23$588
Apr 202301,53178.122.24$3,426
Mar 20230072.852.39$0
Feb 20230075.112.47$0
Jan 202301,18876.533.39$4,025
Dec 202201,85076.415.73$10,599
Nov 202203,09185.005.65$17,452
Oct 202202,98587.185.86$17,503
Sep 202202,34484.888.16$19,136
Aug 202201,44194.529.13$13,152
Jul 202202,507101.587.54$18,908
Jun 202202,890115.097.98$23,054
May 202201,550109.378.43$13,071
Apr 202201,998104.226.84$13,662
Mar 2022533,597108.885.08$24,030
Feb 202202,92791.054.86$14,222
Jan 202204,17081.844.54$18,922
Dec 202104,78971.323.90$18,673
Nov 202104,67377.435.24$24,472
Oct 202108,09579.795.71$46,254
Sep 202108,98469.865.35$48,073
Aug 202104,60866.024.22$19,448
Jul 2021423,09570.783.98$15,297
Jun 202102,51969.493.38$8,516
May 202103,74263.483.02$11,292
Apr 202103,64760.362.76$10,060
Mar 202104,01461.302.72$10,906
Feb 202101,51757.805.55$8,416
Jan 202103,73750.412.81$10,502
Dec 202004,65044.642.68$12,441
Nov 202004,66638.772.71$12,629
Oct 202004,71736.972.48$11,691
Sep 202004,88437.091.99$9,724
Aug 2020395,09639.982.39$13,714
Jul 202005,35538.371.83$9,774
Jun 202005,33334.901.69$9,014
May 202005,36416.921.81$9,734
Apr 202004,72814.751.80$8,531
Mar 202005,06830.341.86$9,407
Feb 2020184,48949.881.98$9,789
Jan 2020165,32757.252.09$12,075
Dec 201905,18859.012.30$11,955
Nov 201956,36455.302.75$17,782
Oct 201908,00253.472.42$19,353
Sep 201908,38655.052.66$22,284
Aug 201908,18653.112.30$18,863
Jul 201925,50656.272.46$13,658
Jun 201904,05652.782.49$10,104
May 201904,07058.482.74$11,153
Apr 201904,88062.632.75$13,423
Mar 201986,26156.803.06$19,626
Feb 201905,35250.852.79$14,944
Jan 2019405,33846.033.23$19,073
Dec 201808,13246.594.19$34,036
Nov 2018136,98752.934.24$30,294
Oct 201806,68361.443.40$22,709
Sep 201806,55759.543.11$20,379
Aug 201855,16459.403.07$16,133
Jul 201805,79665.142.93$16,993
Jun 201805,52860.183.08$17,009
May 201885,86665.382.90$17,539
Apr 201895,63163.842.90$16,909
Mar 201875,66661.222.79$16,219
Feb 201805,22461.782.77$14,450
Jan 2018156,25662.874.01$26,025
Dec 201705,64157.272.92$16,480
Nov 2017266,43255.423.12$21,498
Oct 201706,77749.292.98$20,220
Sep 201707,05847.523.09$21,790
Aug 2017587,34245.373.00$24,690
Jul 201707,49143.873.09$23,127
Jun 201707,49442.493.09$23,136
May 201707,47445.373.26$24,391
Apr 201708,27347.933.21$26,570
Mar 2017499,27346.772.98$29,959
Feb 201707,92650.452.95$23,402
Jan 201709,35449.413.42$31,979
Dec 201606,71648.763.72$25,003
Nov 2016309,93242.492.64$27,538
Oct 201609,25246.193.09$28,591
Sep 201607,78241.553.10$24,129
Aug 201607,03641.442.92$20,576
Jul 201607,45341.622.92$21,795
Jun 201607,47645.352.69$20,079
May 201657,46042.521.99$15,066
Apr 2016376,24536.561.99$13,787
Mar 201614,76433.011.79$8,580
Feb 201614,08926.472.06$8,465
Jan 201605,00127.352.36$11,824
Dec 2015416,04832.362.00$13,431
Nov 201506,06038.792.17$13,134
Oct 201507,57843.552.43$18,389
Sep 201507,89442.992.76$21,775
Aug 2015336,11240.162.87$18,882
Jul 201506,65148.152.95$19,588
Jun 201509,07056.152.88$26,148
May 201508,02355.212.96$23,712
Apr 2015395,67049.822.71$17,289
Mar 2015178,12842.892.93$24,582
Feb 201509,44144.662.98$28,098
Jan 2015438,79943.433.10$29,150
Dec 201419,37754.693.59$33,731
Nov 201406,04470.464.25$25,698
Oct 2014347,06078.303.90$30,203
Sep 201407,91886.164.05$32,032
Aug 201409,74189.394.04$39,306
Jul 2014031396.564.18$1,308
Jun 2014251,51798.164.74$9,640
May 201404,28694.734.73$20,258
Apr 2014373,48295.944.81$20,295
Mar 201408,59195.895.06$43,443
Feb 2014012,67797.406.19$78,496
Jan 20144717,37490.404.86$88,699
Dec 20137817,72491.824.35$84,341
Nov 2013014,56088.853.74$54,429
Oct 20133516,31497.423.78$65,066
Sep 2013214,102104.113.72$52,636
Aug 20134016,115104.253.52$60,937
Jul 20134115,808102.523.72$62,973
Jun 2013418,29794.403.93$72,347
May 20137618,49594.834.15$83,944
Apr 20131525,35593.964.28$109,994
Mar 2013214,20693.623.91$18,424
Feb 201336791.233.42$3,308
Jan 20138418,85891.603.42$72,187
Dec 20123926,91586.773.42$95,438
Nov 201211829,67086.953.62$117,813
Oct 20129938,63789.383.40$140,202
Sep 20121126,50194.672.92$78,382
Aug 20120092.662.91$0
Jul 20120085.133.02$0
Jun 20120079.822.52$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.

Feb 2026 — as filed, then multipliedworked
Condensate            47 bbl  × $ 63.50 =     $2,985
Gas                    0 Mcf  × $  3.75 =         $0

────────────────────────────────────────────────────
Month total                                   $2,985

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/265604 is the state's own key, not one this site invented.