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 265609District 09Field 65280200CondensateGasSaveExport
Value, all time
$6.1 M
Sep 2012 – May 2026
Value, last 12 filed months
$255 k
at the published price for each month
Months reported
165
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
CondensateDisposition2,338 bbl$179,507
GasProduction1,723,420 Mcf$5,904,159
Total$6,083,665

Every month this lease reported (165)

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

165 months

May 202605,651106.413.05$17,212
Apr 202605,39498.932.87$15,479
Mar 202605,59589.753.15$17,621
Feb 2026475,04463.503.75$21,901
Jan 202605,66659.138.00$45,316
Dec 202505,79656.664.41$25,580
Nov 202505,62458.593.93$22,082
Oct 202535,89259.383.30$19,650
Sep 202505,68962.743.08$17,505
Aug 202545,41763.933.01$16,587
Jul 202505,64866.743.32$18,724
Jun 202505,68966.483.13$17,799
May 202506,20160.553.23$20,044
Apr 202505,76962.363.54$20,440
Mar 202505,95567.704.27$25,418
Feb 202505,21470.884.34$22,633
Jan 202506,11174.324.28$26,147
Dec 202476,21368.993.12$19,876
Nov 202406,03169.052.20$13,259
Oct 202406,40571.372.28$14,612
Sep 202406,13369.612.36$14,501
Aug 202406,23475.632.06$12,865
Jul 202406,32779.932.15$13,581
Jun 202406,12978.082.63$16,144
May 202406,42678.812.20$14,127
Apr 2024455,92084.451.66$13,623
Mar 202406,27880.301.55$9,700
Feb 202406,01276.091.78$10,723
Jan 202406,12273.023.30$20,188
Dec 202306,24771.262.61$16,309
Nov 202306,02477.892.81$16,913
Oct 202306,36085.443.09$19,635
Sep 202306,26689.042.74$17,138
Aug 202306,72380.522.67$17,970
Jul 2023576,82674.852.64$22,299
Jun 202306,67968.962.26$15,084
May 202306,68470.622.23$14,888
Apr 202306,81178.122.24$15,241
Mar 202307,16672.852.39$17,149
Feb 202306,46375.112.47$15,936
Jan 202307,06676.533.39$23,938
Dec 202206,88376.415.73$39,433
Nov 202206,70185.005.65$37,835
Oct 202206,86387.185.86$40,243
Sep 202206,90584.888.16$56,370
Aug 202207,27594.529.13$66,400
Jul 202207,212101.587.54$54,393
Jun 202207,140115.097.98$56,957
May 202207,697109.378.43$64,909
Apr 202206,923104.226.84$47,337
Mar 2022537,321108.885.08$42,935
Feb 202206,67991.054.86$32,452
Jan 202207,39281.844.54$33,543
Dec 202107,35271.323.90$28,666
Nov 202107,18377.435.24$37,616
Oct 202108,19679.795.71$46,831
Sep 202108,63869.865.35$46,221
Aug 202107,46266.024.22$31,494
Jul 2021147,52570.783.98$30,956
Jun 202107,34769.493.38$24,837
May 202107,72463.483.02$23,308
Apr 202107,53260.362.76$20,776
Mar 202108,03761.302.72$21,836
Feb 202107,32457.805.55$40,633
Jan 202107,86550.412.81$22,103
Dec 202007,76144.642.68$20,764
Nov 202007,63038.772.71$20,651
Oct 202007,85436.972.48$19,466
Sep 202007,59337.091.99$15,118
Aug 2020487,94639.982.39$20,871
Jul 202007,95538.371.83$14,519
Jun 202007,75434.901.69$13,107
May 202008,08616.921.81$14,674
Apr 202007,90014.751.80$14,255
Mar 202008,16830.341.86$15,162
Feb 2020477,80149.881.98$17,796
Jan 2020358,41457.252.09$19,629
Dec 201908,41259.012.30$19,384
Nov 2019168,32155.302.75$23,773
Oct 201908,62653.472.42$20,862
Sep 201908,53255.052.66$22,672
Aug 201908,74953.112.30$20,161
Jul 2019268,92356.272.46$23,414
Jun 201908,61752.782.49$21,467
May 201908,84458.482.74$24,235
Apr 201908,34362.632.75$22,949
Mar 2019229,10256.803.06$29,121
Feb 201908,59450.852.79$23,996
Jan 2019579,55946.033.23$33,482
Dec 2018010,03346.594.19$41,993
Nov 2018219,55152.934.24$41,581
Oct 201809,77861.443.40$33,226
Sep 201809,58659.543.11$29,793
Aug 2018119,49759.403.07$29,777
Jul 201809,72465.142.93$28,510
Jun 201809,52560.183.08$29,308
May 2018209,78565.382.90$29,692
Apr 2018219,54863.842.90$29,037
Mar 2018209,50661.222.79$27,716
Feb 201808,91661.782.77$24,663
Jan 20184210,22162.874.01$43,620
Dec 201709,92257.272.92$28,987
Nov 2017279,72255.423.12$31,813
Oct 2017010,26649.292.98$30,630
Sep 2017010,51947.523.09$32,475
Aug 20174410,66545.373.00$34,038
Jul 2017011,15843.873.09$34,448
Jun 2017010,79742.493.09$33,333
May 2017011,56145.373.26$37,728
Apr 2017011,17447.933.21$35,886
Mar 20174912,29746.772.98$38,982
Feb 2017010,69950.452.95$31,590
Jan 2017012,37349.413.42$42,301
Dec 2016012,23948.763.72$45,564
Nov 20162212,49142.492.64$33,965
Oct 2016011,18346.193.09$34,558
Sep 2016011,55241.553.10$35,818
Aug 2016012,07241.442.92$35,303
Jul 2016012,17541.622.92$35,604
Jun 2016011,94045.352.69$32,069
May 2016212,00142.521.99$23,980
Apr 2016012,21936.561.99$24,329
Mar 2016212,16833.011.79$21,896
Feb 2016211,57826.472.06$23,946
Jan 2016012,59827.352.36$29,786
Dec 20156012,92032.362.00$27,800
Nov 2015012,95138.792.17$28,069
Oct 2015013,89643.552.43$33,720
Sep 2015013,92442.992.76$38,408
Aug 20153114,21140.162.87$42,066
Jul 2015014,58948.152.95$42,966
Jun 2015016,11056.152.88$46,443
May 2015016,80355.212.96$49,660
Apr 20155814,57449.822.71$42,335
Mar 20152915,32942.892.93$46,230
Feb 2015014,11744.662.98$42,015
Jan 20156415,60843.433.10$51,174
Dec 2014116,27454.693.59$58,500
Nov 2014015,71270.464.25$66,805
Oct 20146616,37178.303.90$69,030
Sep 2014015,66086.164.05$63,352
Aug 2014016,38989.394.04$66,132
Jul 2014016,68296.564.18$69,724
Jun 20145916,27098.164.74$82,860
May 2014016,84194.734.73$79,600
Apr 20145616,78495.944.81$86,089
Mar 2014013,47395.895.06$68,130
Feb 2014012,23897.406.19$75,778
Jan 20147214,88490.404.86$78,856
Dec 201311216,31691.824.35$81,332
Nov 2013014,71788.853.74$55,016
Oct 20135516,41397.423.78$67,389
Sep 2013118,720104.113.72$69,700
Aug 20135321,108104.253.52$79,881
Jul 20135621,767102.523.72$86,665
Jun 201326,27794.403.93$24,879
May 201314420,49894.834.15$98,703
Apr 20138721,62993.964.28$100,803
Mar 20137923,54093.623.91$99,505
Feb 20136022,58591.233.42$82,712
Jan 201312424,18391.603.42$94,062
Dec 20125425,46186.773.42$91,766
Nov 201214428,12286.953.62$114,462
Oct 20129536,25289.383.40$131,736
Sep 20121225,62394.672.92$75,914

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                5,651 Mcf  × $  3.05 =    $17,212

────────────────────────────────────────────────────
Month total                                  $17,212

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/265609 is the state's own key, not one this site invented.