DIAMOND VOLUNTEER HILLS 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 291951District 09Field 65280200GasSaveExport
Value, all time
$10.1 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
GasProduction2,462,365 Mcf$10,064,934
Total$10,064,934

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 202631,352106.413.05$95,493
Apr 202631,80898.932.87$91,280
Mar 202633,15389.753.15$104,413
Feb 202630,42463.503.75$114,100
Jan 202633,48059.138.00$267,770
Dec 202534,36456.664.41$151,661
Nov 202533,40058.593.93$131,143
Oct 202533,79659.383.30$111,690
Sep 202533,06562.743.08$101,738
Aug 202535,40963.933.01$106,750
Jul 202534,29066.743.32$113,678
Jun 202534,89466.483.13$109,174
May 202537,71760.553.23$121,913
Apr 202530,16662.363.54$106,882
Mar 202517,19167.704.27$73,377
Feb 202517,58770.884.34$76,342
Jan 202534,18074.324.28$146,245
Dec 202437,55268.993.12$117,214
Nov 202437,62569.052.20$82,716
Oct 202440,29671.372.28$91,931
Sep 202439,83069.612.36$94,172
Aug 202439,03075.632.06$80,543
Jul 202439,91579.932.15$85,681
Jun 202441,73578.082.63$109,929
May 202444,43778.812.20$97,692
Apr 202445,33584.451.66$75,220
Mar 202449,05080.301.55$75,789
Feb 202446,97776.091.78$83,790
Jan 202448,82973.023.30$161,021
Dec 202353,76871.262.61$140,373
Nov 202354,57777.892.81$153,228
Oct 202353,58285.443.09$165,423
Sep 202357,09889.042.74$156,165
Aug 202361,19980.522.67$163,578
Jul 202360,00774.852.64$158,526
Jun 202355,07768.962.26$124,390
May 202362,89970.622.23$140,101
Apr 202367,46978.122.24$150,979
Mar 202369,48372.852.39$166,284
Feb 202365,93075.112.47$162,562
Jan 202378,17376.533.39$264,828
Dec 202279,80776.415.73$457,221
Nov 202289,57985.005.65$505,781
Oct 2022107,45687.185.86$630,096
Sep 2022125,24884.888.16$1,022,485
Aug 2022161,55894.529.13$1,474,566
Jul 2022112,568101.587.54$848,997
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               31,352 Mcf  × $  3.05 =    $95,493

────────────────────────────────────────────────────
Month total                                  $95,493

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/291951 is the state's own key, not one this site invented.