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 265894District 09Field 65280200CondensateGasSaveExport
Value, all time
$4.3 M
May 2012 – May 2026
Value, last 12 filed months
$177 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
CondensateDisposition1,524 bbl$119,437
GasProduction1,229,919 Mcf$4,216,719
Total$4,336,156

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 202604,149106.413.05$12,637
Apr 2026333,73798.932.87$13,989
Mar 202603,45889.753.15$10,891
Feb 202604,31563.503.75$16,183
Jan 202603,09159.138.00$24,722
Dec 202504,01256.664.41$17,706
Nov 202503,18358.593.93$12,498
Oct 202503,00459.383.30$9,928
Sep 202503,91662.743.08$12,049
Aug 202504,87463.933.01$14,694
Jul 202564,17566.743.32$14,241
Jun 2025334,72866.483.13$16,986
May 202504,12260.553.23$13,324
Apr 202584,15562.363.54$15,221
Mar 202502,68067.704.27$11,439
Feb 202562,38870.884.34$10,791
Jan 202503,32874.324.28$14,239
Dec 202403,62768.993.12$11,321
Nov 202404,34369.052.20$9,548
Oct 2024373,96271.372.28$11,680
Sep 202404,40769.612.36$10,420
Aug 202404,33675.632.06$8,948
Jul 202404,83979.932.15$10,387
Jun 2024104,00578.082.63$11,330
May 202404,46678.812.20$9,818
Apr 202403,53584.451.66$5,865
Mar 202403,16180.301.55$4,884
Feb 202403,45876.091.78$6,168
Jan 2024153,57473.023.30$12,881
Dec 202305,24071.262.61$13,680
Nov 202304,97677.892.81$13,970
Oct 202304,85985.443.09$15,001
Sep 202305,76289.042.74$15,759
Aug 202305,61480.522.67$15,006
Jul 202305,04874.852.64$13,336
Jun 2023355,35468.962.26$14,506
May 202304,40070.622.23$9,801
Apr 202304,70278.122.24$10,522
Mar 202303,49572.852.39$8,364
Feb 202337075.112.47$2,779
Jan 202304,91076.533.39$16,634
Dec 202204,64976.415.73$26,634
Nov 2022364,52085.005.65$28,581
Oct 202204,86487.185.86$28,521
Sep 202204,59184.888.16$37,479
Aug 202205,05894.529.13$46,165
Jul 202205,037101.587.54$37,989
Jun 2022345,236115.097.98$45,682
May 202205,826109.378.43$49,131
Apr 202205,031104.226.84$34,400
Mar 2022375,501108.885.08$31,954
Feb 202205,29291.054.86$25,713
Jan 2022385,43081.844.54$27,750
Dec 202105,46171.323.90$21,293
Nov 202105,60577.435.24$29,353
Oct 202105,99679.795.71$34,260
Sep 2021785,61469.865.35$35,489
Aug 202105,81666.024.22$24,547
Jul 202105,99070.783.98$23,853
Jun 202105,64469.493.38$19,080
May 202156,44463.483.02$19,763
Apr 202106,97660.362.76$19,243
Mar 2021117,45361.302.72$20,924
Feb 202105,83457.805.55$32,367
Jan 202106,26050.412.81$17,592
Dec 202036,22044.642.68$16,775
Nov 202006,01238.772.71$16,272
Oct 202006,46936.972.48$16,033
Sep 202006,48637.091.99$12,914
Aug 202006,67639.982.39$15,923
Jul 202026,67738.371.83$12,263
Jun 202006,78034.901.69$11,460
May 202047,19816.921.81$13,130
Apr 202006,76714.751.80$12,210
Mar 2020187,20630.341.86$13,922
Feb 2020317,23549.881.98$15,876
Jan 202007,22757.252.09$15,139
Dec 201906,94959.012.30$16,013
Nov 2019217,08255.302.75$20,642
Oct 201907,33253.472.42$17,733
Sep 2019287,37455.052.66$21,136
Aug 201907,64053.112.30$17,605
Jul 201907,51456.272.46$18,485
Jun 201907,26152.782.49$18,089
May 201907,34258.482.74$20,119
Apr 201906,79062.632.75$18,677
Mar 201907,61956.803.06$23,330
Feb 201907,22850.852.79$20,182
Jan 201907,77446.033.23$25,096
Dec 201808,00146.594.19$33,488
Nov 201807,74052.934.24$32,796
Oct 201809,50361.443.40$32,292
Sep 201809,43459.543.11$29,321
Aug 201809,29759.403.07$28,510
Jul 201808,87965.142.93$26,032
Jun 201808,61760.183.08$26,514
May 201808,55765.382.90$24,822
Apr 201808,51663.842.90$24,703
Mar 2018010,11461.222.79$28,186
Feb 201808,47761.782.77$23,448
Jan 201808,40662.874.01$33,702
Dec 201709,91257.272.92$28,958
Nov 201709,96155.423.12$31,062
Oct 2017010,43649.292.98$31,138
Sep 201709,96247.523.09$30,755
Aug 2017010,31645.373.00$30,993
Jul 2017010,28143.873.09$31,740
Jun 2017010,07342.493.09$31,098
May 2017010,33745.373.26$33,734
Apr 201708,08447.933.21$25,963
Mar 201709,70146.772.98$28,945
Feb 2017288,00650.452.95$25,051
Jan 201706,46949.413.42$22,116
Dec 2016254,30348.763.72$17,238
Nov 201608,89642.492.64$23,524
Oct 2016108,73346.193.09$27,449
Sep 201607,78741.553.10$24,145
Aug 2016188,41941.442.92$25,366
Jul 201609,31641.622.92$27,243
Jun 201609,33945.352.69$25,083
May 201608,44042.521.99$16,804
Apr 201602,65036.561.99$5,276
Mar 201642,30933.011.79$4,274
Feb 201632,60926.472.06$5,463
Jan 201601,63827.352.36$3,873
Dec 2015057032.362.00$1,141
Nov 2015032338.792.17$700
Oct 201501,86743.552.43$4,530
Sep 201501,08642.992.76$2,996
Aug 201502,41540.162.87$6,937
Jul 201501,48248.152.95$4,365
Jun 20150056.152.88$0
May 201503,51155.212.96$10,377
Apr 201505,89449.822.71$15,953
Mar 201507,67642.892.93$22,527
Feb 201509,29144.662.98$27,652
Jan 2015010,24343.433.10$31,760
Dec 2014211,49254.693.59$41,381
Nov 2014012,14970.464.25$51,656
Oct 2014011,49078.303.90$44,822
Sep 201409,55986.164.05$38,670
Aug 2014010,69889.394.04$43,168
Jul 2014014,00096.564.18$58,514
Jun 2014010,53798.164.74$49,913
May 201407,25594.734.73$34,291
Apr 201404,53595.944.81$21,809
Mar 2014011,99395.895.06$60,646
Feb 201409,95397.406.19$61,629
Jan 2014012,48090.404.86$60,662
Dec 2013015,04691.824.35$65,518
Nov 2013013,91388.853.74$52,011
Oct 2013011,56297.423.78$43,697
Sep 2013114,988104.113.72$55,826
Aug 2013315,603104.253.52$55,276
Jul 2013415,796102.523.72$59,136
Jun 2013214,75694.403.93$58,230
May 2013013,69294.834.15$56,809
Apr 2013012,61793.964.28$54,033
Mar 2013014,88493.623.91$58,239
Feb 2013111,25391.233.42$38,575
Jan 2013013,26391.603.42$45,358
Dec 2012016,75386.773.42$57,298
Nov 2012014,13686.953.62$51,242
Oct 2012915,26189.383.40$52,687
Sep 20123314,70694.672.92$46,042
Aug 20129716,47492.662.91$56,897
Jul 201221718,44685.133.02$74,195
Jun 201244424,07679.822.52$96,088
May 20125710,30391.612.49$30,859

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                4,149 Mcf  × $  3.05 =    $12,637

────────────────────────────────────────────────────
Month total                                  $12,637

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/265894 is the state's own key, not one this site invented.