DIAMOND LYNCH MIPA

Operated by TEP BARNETT USA, LLC (P-5 842986) 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 291950District 09Field 65280200GasSaveExport
Value, all time
$9.6 M
Dec 2021 – May 2026
Value, last 12 filed months
$1.5 M
at the published price for each month
Months reported
54
no gaps in the span
Streams
1
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
GasProduction2,428,983 Mcf$9,628,250
Total$9,628,250

Every month this lease reported (54)

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

54 months

May 202630,349106.413.05$92,438
Apr 202629,65898.932.87$85,110
Mar 202630,73489.753.15$96,795
Feb 202628,04063.503.75$105,159
Jan 202630,99359.138.00$247,880
Dec 202532,49656.664.41$143,417
Nov 202532,44458.593.93$127,389
Oct 202534,89659.383.30$115,326
Sep 202534,35262.743.08$105,698
Aug 202537,12463.933.01$111,920
Jul 202537,86666.743.32$125,533
Jun 202537,31766.483.13$116,754
May 202538,91660.553.23$125,789
Apr 202537,69762.363.54$133,565
Mar 202538,50467.704.27$164,347
Feb 202535,63870.884.34$154,699
Jan 202541,63974.324.28$178,160
Dec 202442,88868.993.12$133,869
Nov 202441,49769.052.20$91,229
Oct 202442,83271.372.28$97,717
Sep 202441,40969.612.36$97,906
Aug 202443,08875.632.06$88,918
Jul 202443,76179.932.15$93,937
Jun 202443,13678.082.63$113,619
May 202446,60278.812.20$102,452
Apr 202448,49984.451.66$80,470
Mar 202451,71380.301.55$79,903
Feb 202449,24776.091.78$87,839
Jan 202450,91573.023.30$167,900
Dec 202354,71471.262.61$142,843
Nov 202353,77877.892.81$150,985
Oct 202357,07785.443.09$176,213
Sep 202359,00889.042.74$161,389
Aug 202364,46680.522.67$172,310
Jul 202364,66974.852.64$170,843
Jun 202343,43068.962.26$98,086
May 202352,74670.622.23$117,486
Apr 202358,33178.122.24$130,531
Mar 202362,57072.852.39$149,740
Feb 202359,18675.112.47$145,934
Jan 202369,78176.533.39$236,398
Dec 202276,01976.415.73$435,519
Nov 202283,00185.005.65$468,640
Oct 202296,17087.185.86$563,918
Sep 2022107,78784.888.16$879,939
Aug 2022133,73294.529.13$1,220,593
Jul 202298,268101.587.54$741,145
Jun 20220115.097.98$0
May 20220109.378.43$0
Apr 20220104.226.84$0
Mar 20220108.885.08$0
Feb 2022091.054.86$0
Jan 2022081.844.54$0
Dec 2021071.323.90$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
Gas               30,349 Mcf  × $  3.05 =    $92,438

────────────────────────────────────────────────────
Month total                                  $92,438

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/291950 is the state's own key, not one this site invented.