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 265608District 09Field 65280200CondensateGasSaveExport
Value, all time
$6.7 M
Jun 2012 – May 2026
Value, last 12 filed months
$377 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
CondensateDisposition3,666 bbl$271,520
GasProduction1,861,129 Mcf$6,421,644
Total$6,693,164

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 202608,615106.413.05$26,240
Apr 202608,41898.932.87$24,157
Mar 202608,29989.753.15$26,137
Feb 2026477,72163.503.75$31,941
Jan 202608,52059.138.00$68,142
Dec 202509,03156.664.41$39,857
Nov 202508,40658.593.93$33,006
Oct 202538,63359.383.30$28,709
Sep 202507,60562.743.08$23,400
Aug 202548,04663.933.01$24,512
Jul 202507,98666.743.32$26,475
Jun 202507,78066.483.13$24,341
May 202506,09960.553.23$19,714
Apr 202506,84562.363.54$24,253
Mar 202508,64767.704.27$36,908
Feb 202507,67070.884.34$33,294
Jan 202509,11874.324.28$39,013
Dec 202479,10568.993.12$28,903
Nov 202408,91769.052.20$19,603
Oct 202408,78671.372.28$20,044
Sep 202408,53369.612.36$20,175
Aug 202408,86875.632.06$18,300
Jul 202408,70379.932.15$18,682
Jun 202408,38878.082.63$22,094
May 202408,68578.812.20$19,093
Apr 2024458,05084.451.66$17,157
Mar 202408,85080.301.55$13,674
Feb 202408,37276.091.78$14,933
Jan 202408,76373.023.30$28,897
Dec 202308,26071.262.61$21,565
Nov 202307,94777.892.81$22,312
Oct 202308,25885.443.09$25,495
Sep 202308,36989.042.74$22,890
Aug 202308,94680.522.67$23,912
Jul 2023579,41774.852.64$29,144
Jun 202309,20568.962.26$20,789
May 202308,30670.622.23$18,501
Apr 202308,82378.122.24$19,744
Mar 202308,42672.852.39$20,165
Feb 202308,18875.112.47$20,189
Jan 202308,54076.533.39$28,931
Dec 202207,90076.415.73$45,260
Nov 202207,40485.005.65$41,804
Oct 202207,89787.185.86$46,306
Sep 202208,30384.888.16$67,783
Aug 202208,77494.529.13$80,082
Jul 202208,490101.587.54$64,032
Jun 202208,336115.097.98$66,498
May 202209,121109.378.43$76,918
Apr 202207,668104.226.84$52,431
Mar 2022838,785108.885.08$53,633
Feb 202207,89591.054.86$38,361
Jan 202208,48381.844.54$38,493
Dec 202108,32771.323.90$32,468
Nov 202108,00777.435.24$41,931
Oct 202109,21079.795.71$52,625
Sep 202108,49169.865.35$45,435
Aug 202107,62666.024.22$32,186
Jul 20211368,65870.783.98$44,103
Jun 202109,24369.493.38$31,247
May 202108,22763.483.02$24,826
Apr 202108,15660.362.76$22,498
Mar 202108,12261.302.72$22,067
Feb 202107,68857.805.55$42,653
Jan 202108,03450.412.81$22,578
Dec 202008,50644.642.68$22,757
Nov 202008,09638.772.71$21,912
Oct 202008,08136.972.48$20,028
Sep 202007,70237.091.99$15,335
Aug 2020488,20139.982.39$21,479
Jul 202008,23838.371.83$15,035
Jun 202007,99834.901.69$13,519
May 202008,53516.921.81$15,489
Apr 202008,41714.751.80$15,187
Mar 202008,79930.341.86$16,333
Feb 2020568,43649.881.98$19,502
Jan 2020458,56257.252.09$20,511
Dec 201908,95859.012.30$20,642
Nov 2019197,73855.302.75$22,336
Oct 201905,86653.472.42$14,187
Sep 201904,81455.052.66$12,792
Aug 201906,10753.112.30$14,073
Jul 2019297,98056.272.46$21,263
Jun 201909,93552.782.49$24,750
May 2019010,52258.482.74$28,834
Apr 201909,29762.632.75$25,573
Mar 2019369,79156.803.06$32,026
Feb 201909,00350.852.79$25,138
Jan 2019719,44846.033.23$33,768
Dec 201807,22246.594.19$30,227
Nov 2018328,27952.934.24$36,774
Oct 201809,64361.443.40$32,768
Sep 201809,96659.543.11$30,974
Aug 20181910,75859.403.07$34,119
Jul 2018010,50465.142.93$30,796
Jun 2018010,22460.183.08$31,458
May 20182910,03865.382.90$31,014
Apr 20182910,26363.842.90$31,622
Mar 20182310,80361.222.79$31,514
Feb 201809,76561.782.77$27,011
Jan 2018549,94962.874.01$43,284
Dec 2017010,83157.272.92$31,643
Nov 20174210,09055.423.12$33,792
Oct 2017010,45449.292.98$31,191
Sep 201709,29647.523.09$28,699
Aug 2017639,88345.373.00$32,551
Jul 201709,69043.873.09$29,916
Jun 201709,59142.493.09$29,610
May 201709,61945.373.26$31,391
Apr 201707,83447.933.21$25,160
Mar 2017886,56446.772.98$23,701
Feb 201706,95450.452.95$20,532
Jan 201705,78449.413.42$19,774
Dec 201609,32748.763.72$34,723
Nov 20161375,53042.492.64$20,444
Oct 201609,75446.193.09$30,142
Sep 201609,39741.553.10$29,137
Aug 2016012,21841.442.92$35,730
Jul 2016012,25741.622.92$35,844
Jun 2016012,02345.352.69$32,292
May 201617712,77842.521.99$32,968
Apr 2016913,64236.561.99$27,491
Mar 2016214,24133.011.79$25,615
Feb 2016213,55926.472.06$28,034
Jan 2016014,14927.352.36$33,453
Dec 20158814,07932.362.00$31,026
Nov 2015012,44738.792.17$26,977
Oct 2015012,36443.552.43$30,002
Sep 2015012,75542.992.76$35,184
Aug 20156215,27440.162.87$46,364
Jul 2015014,65248.152.95$43,151
Jun 2015017,35756.152.88$50,038
May 2015018,38555.212.96$54,336
Apr 20159015,34449.822.71$46,013
Mar 20154014,95742.892.93$45,610
Feb 2015013,32144.662.98$39,646
Jan 20159416,70243.433.10$55,869
Dec 2014116,40254.693.59$58,960
Nov 2014017,23470.464.25$73,276
Oct 20149317,88478.303.90$77,047
Sep 2014017,64686.164.05$71,386
Aug 2014014,79689.394.04$59,704
Jul 2014022,59296.564.18$94,426
Jun 20149221,19898.164.74$109,443
May 2014020,43694.734.73$96,592
Apr 20148820,54395.944.81$107,236
Mar 2014020,12595.895.06$101,768
Feb 2014015,67597.406.19$97,060
Jan 20144911,02890.404.86$58,034
Dec 20131746,31491.824.35$43,471
Nov 2013018,36288.853.74$68,642
Oct 20139017,23497.423.78$73,901
Sep 2013214,406104.113.72$53,766
Aug 201310421,065104.253.52$85,046
Jul 20139522,072102.523.72$91,797
Jun 2013425,48494.403.93$100,617
May 201312924,01594.834.15$111,873
Apr 20139211,40893.964.28$57,500
Mar 20139228,60993.623.91$120,556
Feb 20139129,86791.233.42$110,444
Jan 201318725,17191.603.42$103,212
Dec 20128323,69686.773.42$88,246
Nov 201225627,83386.953.62$123,153
Oct 201216440,40789.383.40$152,029
Sep 20121327,09194.672.92$80,293
Aug 20121192.662.91$96
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.

May 2026 — as filed, then multipliedworked
Condensate             0 bbl  × $106.41 =         $0
Gas                8,615 Mcf  × $  3.05 =    $26,240

────────────────────────────────────────────────────
Month total                                  $26,240

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/265608 is the state's own key, not one this site invented.