SPEED RACER

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 265612District 09Field 65280200CondensateGasSaveExport
Value, all time
$4.4 M
May 2012 – May 2026
Value, last 12 filed months
$161 k
at the published price for each month
Months reported
169
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
CondensateDisposition1,367 bbl$90,710
GasProduction1,278,313 Mcf$4,355,764
Total$4,446,474

Every month this lease reported (169)

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

169 months

May 202603,678106.413.05$11,203
Apr 202603,91498.932.87$11,232
Mar 202603,99189.753.15$12,569
Feb 202601,66663.503.75$6,248
Jan 2026421,27359.138.00$12,665
Dec 202501,60156.664.41$7,066
Nov 202502,53758.593.93$9,961
Oct 202503,00159.383.30$9,918
Sep 202508,62462.743.08$26,535
Aug 202509,04163.933.01$27,256
Jul 202505,41066.743.32$17,935
Jun 202502,75166.483.13$8,607
May 202501,61760.553.23$5,227
Apr 202502,70462.363.54$9,581
Mar 202502,30367.704.27$9,830
Feb 202502,58170.884.34$11,204
Jan 202503,45974.324.28$14,800
Dec 202404,28768.993.12$13,381
Nov 202403,87169.052.20$8,510
Oct 202404,47171.372.28$10,200
Sep 202404,12469.612.36$9,751
Aug 202404,79075.632.06$9,885
Jul 202404,54279.932.15$9,750
Jun 202406,33478.082.63$16,684
May 202403,54678.812.20$7,796
Apr 2024063584.451.66$1,054
Mar 202401,26280.301.55$1,950
Feb 202401,39376.091.78$2,485
Jan 202401,14673.023.30$3,779
Dec 202301,41471.262.61$3,692
Nov 202301,91877.892.81$5,385
Oct 20231401,55385.443.09$16,756
Sep 202301,53489.042.74$4,196
Aug 202301,77580.522.67$4,744
Jul 202302,18774.852.64$5,778
Jun 202302,37268.962.26$5,357
May 202302,76570.622.23$6,159
Apr 202303,31678.122.24$7,420
Mar 202304,31672.852.39$10,329
Feb 20230075.112.47$0
Jan 2023097376.533.39$3,296
Dec 202204,76376.415.73$27,288
Nov 202204,85685.005.65$27,418
Oct 202204,97587.185.86$29,172
Sep 202204,82484.888.16$39,382
Aug 202205,06194.529.13$46,193
Jul 202205,044101.587.54$38,042
Jun 202204,973115.097.98$39,671
May 202205,136109.378.43$43,312
Apr 202204,751104.226.84$32,485
Mar 202205,197108.885.08$26,382
Feb 202204,71991.054.86$22,929
Jan 202205,16581.844.54$23,437
Dec 202105,15071.323.90$20,080
Nov 202105,17377.435.24$27,090
Oct 202106,13779.795.71$35,066
Sep 202106,31469.865.35$33,786
Aug 202105,39766.024.22$22,779
Jul 202105,41670.783.98$21,567
Jun 202105,26669.493.38$17,802
May 202105,40763.483.02$16,317
Apr 202105,31060.362.76$14,647
Mar 20211105,63561.302.72$22,053
Feb 202105,32957.805.55$29,565
Jan 202105,50450.412.81$15,468
Dec 202005,60144.642.68$14,985
Nov 202005,55738.772.71$15,040
Oct 202005,73936.972.48$14,224
Sep 202005,66737.091.99$11,283
Aug 202006,24839.982.39$14,902
Jul 202005,95938.371.83$10,876
Jun 202005,66934.901.69$9,582
May 202005,86416.921.81$10,642
Apr 202005,73114.751.80$10,341
Mar 202005,94930.341.86$11,043
Feb 202005,63749.881.98$11,165
Jan 202006,07857.252.09$12,732
Dec 201905,91959.012.30$13,640
Nov 201905,84255.302.75$16,070
Oct 201906,10553.472.42$14,765
Sep 201905,98455.052.66$15,901
Aug 201906,30453.112.30$14,527
Jul 20191396,37956.272.46$23,514
Jun 201906,26052.782.49$15,595
May 201906,69858.482.74$18,355
Apr 201906,48462.632.75$17,836
Mar 201906,81256.803.06$20,859
Feb 201906,29050.852.79$17,563
Jan 201906,86446.033.23$22,158
Dec 201806,95346.594.19$29,101
Nov 201806,81252.934.24$28,864
Oct 201807,08161.443.40$24,062
Sep 201806,91959.543.11$21,504
Aug 201806,87159.403.07$21,070
Jul 201806,84465.142.93$20,066
Jun 201806,63260.183.08$20,406
May 201806,90165.382.90$20,018
Apr 201806,72663.842.90$19,511
Mar 20181746,94261.222.79$29,999
Feb 201806,36961.782.77$17,617
Jan 201807,08362.874.01$28,398
Dec 201707,24257.272.92$21,158
Nov 201707,14155.423.12$22,268
Oct 201707,45249.292.98$22,234
Sep 201707,27447.523.09$22,457
Aug 201707,58845.373.00$22,797
Jul 201707,55743.873.09$23,331
Jun 201707,29442.493.09$22,519
May 201707,55645.373.26$24,658
Apr 201707,59647.933.21$24,395
Mar 201707,76146.772.98$23,156
Feb 201707,24250.452.95$21,383
Jan 20171848,02549.413.42$36,527
Dec 201608,09948.763.72$30,151
Nov 201607,93842.492.64$20,991
Oct 201608,24546.193.09$25,479
Sep 201608,10441.553.10$25,128
Aug 201608,51841.442.92$24,910
Jul 201608,71341.622.92$25,480
Jun 201608,47845.352.69$22,770
May 201608,69342.521.99$17,308
Apr 201608,55436.561.99$17,031
Mar 201619,07433.011.79$16,312
Feb 201618,63926.472.06$17,854
Jan 201609,69627.352.36$22,925
Dec 201509,54732.362.00$19,107
Nov 201508,83938.792.17$19,157
Oct 201519,41143.552.43$22,880
Sep 20151839,32142.992.76$33,578
Aug 201509,76240.162.87$28,041
Jul 201509,98848.152.95$29,415
Jun 201508,92256.152.88$25,721
May 201518,56455.212.96$25,366
Apr 201509,86549.822.71$26,700
Mar 201509,95442.892.93$29,212
Feb 201509,36144.662.98$27,860
Jan 2015010,05643.433.10$31,180
Dec 201407,43254.693.59$26,691
Nov 201408,22070.464.25$34,950
Oct 201417511,03978.303.90$56,765
Sep 201409,51586.164.05$38,492
Aug 2014011,52889.394.04$46,517
Jul 2014012,13096.564.18$50,699
Jun 2014011,83198.164.74$56,042
May 2014012,23694.734.73$57,834
Apr 201417711,99995.944.81$74,686
Mar 2014013,32695.895.06$67,387
Feb 2014011,64597.406.19$72,106
Jan 2014014,18290.404.86$68,935
Dec 2013013,20191.824.35$57,483
Nov 2013014,34288.853.74$53,614
Oct 2013013,54497.423.78$51,188
Sep 2013113,115104.113.72$48,862
Aug 2013213,915104.253.52$49,226
Jul 2013114,316102.523.72$53,326
Jun 2013015,34794.403.93$60,366
May 2013015,18194.834.15$62,987
Apr 2013015,41993.964.28$66,033
Mar 2013016,57793.623.91$64,864
Feb 2013015,79691.233.42$54,021
Jan 2013017,72491.603.42$60,614
Dec 2012018,58286.773.42$63,553
Nov 2012019,95586.953.62$72,336
Oct 2012022,92989.383.40$77,951
Sep 2012021,13794.672.92$61,686
Aug 2012326,22392.662.91$76,539
Jul 2012030,44385.133.02$91,962
Jun 20123241,27579.822.52$106,528
May 2012019091.612.49$473

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                3,678 Mcf  × $  3.05 =    $11,203

────────────────────────────────────────────────────
Month total                                  $11,203

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/265612 is the state's own key, not one this site invented.