PROFESSOR 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 208624District 09Field 65280200CondensateGasSaveExport
Value, all time
$8.1 M
Apr 2005 – May 2026
Value, last 12 filed months
$123 k
at the published price for each month
Months reported
254
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
CondensateDisposition1,857 bbl$124,154
GasProduction1,787,512 Mcf$8,005,726
Total$8,129,881

Every month this lease reported (254)

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

254 months

May 202603,046106.413.05$9,278
Apr 202602,97998.932.87$8,549
Mar 202602,85489.753.15$8,989
Feb 202602,49363.503.75$9,350
Jan 202601,80059.138.00$14,396
Dec 202501,77956.664.41$7,851
Nov 202502,37858.593.93$9,337
Oct 202503,16859.383.30$10,470
Sep 202503,07562.743.08$9,462
Aug 202503,67263.933.01$11,070
Jul 202503,84466.743.32$12,744
Jun 202503,65066.483.13$11,420
May 202503,08760.553.23$9,978
Apr 202502,89662.363.54$10,261
Mar 202502,75267.704.27$11,746
Feb 202502,15170.884.34$9,337
Jan 202501,35074.324.28$5,776
Dec 202402,59268.993.12$8,091
Nov 202402,79369.052.20$6,140
Oct 202403,30171.372.28$7,531
Sep 202403,31569.612.36$7,838
Aug 202403,90575.632.06$8,058
Jul 202403,80279.932.15$8,161
Jun 202403,66378.082.63$9,648
May 202403,55778.812.20$7,820
Apr 202403,31784.451.66$5,504
Mar 202403,72980.301.55$5,762
Feb 202403,36876.091.78$6,007
Jan 202401,71773.023.30$5,662
Dec 202302,04971.262.61$5,349
Nov 202302,09777.892.81$5,887
Oct 202302,59285.443.09$8,002
Sep 202323,26289.042.74$9,100
Aug 202303,55480.522.67$9,499
Jul 202304,42974.852.64$11,701
Jun 202305,09968.962.26$11,516
May 202306,71370.622.23$14,953
Apr 202307,09578.122.24$15,877
Mar 202303,11072.852.39$7,443
Feb 202305,37775.112.47$13,258
Jan 202303,10176.533.39$10,505
Dec 202203,11676.415.73$17,852
Nov 2022233,16585.005.65$19,825
Oct 202203,13587.185.86$18,383
Sep 202203,22984.888.16$26,361
Aug 202208,10394.529.13$73,957
Jul 202208,213101.587.54$61,943
Jun 202207,982115.097.98$63,674
May 202208,832109.378.43$74,481
Apr 202207,313104.226.84$50,003
Mar 202203,072108.885.08$15,595
Feb 202202,70991.054.86$13,163
Jan 202203,24381.844.54$14,716
Dec 202103,96271.323.90$15,448
Nov 202102,62677.435.24$13,752
Oct 202103,79179.795.71$21,661
Sep 202104,05869.865.35$21,714
Aug 2021264,51766.024.22$20,781
Jul 202104,69170.783.98$18,680
Jun 202104,55369.493.38$15,392
May 202103,96963.483.02$11,977
Apr 202103,22460.362.76$8,893
Mar 202103,50561.302.72$9,523
Feb 202102,68557.805.55$14,896
Jan 202103,19750.412.81$8,984
Dec 2020183,12344.642.68$9,159
Nov 202003,18438.772.71$8,618
Oct 202003,56136.972.48$8,826
Sep 202003,69937.091.99$7,365
Aug 202004,01239.982.39$9,569
Jul 202004,20738.371.83$7,678
Jun 202004,33034.901.69$7,319
May 202004,67616.921.81$8,486
Apr 202004,23114.751.80$7,634
Mar 202004,35730.341.86$8,088
Feb 2020184,04249.881.98$8,904
Jan 202003,84157.252.09$8,046
Dec 201903,34059.012.30$7,697
Nov 201903,29455.302.75$9,061
Oct 201903,87653.472.42$9,374
Sep 201904,47555.052.66$11,891
Aug 201904,52153.112.30$10,418
Jul 201905,17556.272.46$12,731
Jun 201904,30252.782.49$10,717
May 201904,47858.482.74$12,271
Apr 201904,75462.632.75$13,077
Mar 2019285,29456.803.06$17,801
Feb 201904,91350.852.79$13,718
Jan 201905,00446.033.23$16,154
Dec 201805,20746.594.19$21,794
Nov 2018405,79852.934.24$26,685
Oct 201806,32461.443.40$21,489
Sep 201806,08459.543.11$18,909
Aug 201805,94559.403.07$18,231
Jul 201805,95465.142.93$17,456
Jun 2018255,83560.183.08$19,458
May 201805,90265.382.90$17,121
Apr 2018325,52263.842.90$18,061
Mar 201805,80561.222.79$16,178
Feb 201805,02761.782.77$13,905
Jan 201805,62162.874.01$22,536
Dec 201705,24457.272.92$15,320
Nov 2017375,13955.423.12$18,076
Oct 201705,61849.292.98$16,762
Sep 201706,52947.523.09$20,157
Aug 201707,04945.373.00$21,178
Jul 201706,38043.873.09$19,697
Jun 2017105,47842.493.09$17,337
May 201705,82045.373.26$18,993
Apr 201746,44047.933.21$20,874
Mar 201706,82846.772.98$20,373
Feb 201706,99650.452.95$20,656
Jan 2017349,60949.413.42$34,531
Dec 201607,65048.763.72$28,480
Nov 201607,21942.492.64$19,090
Oct 2016818,20246.193.09$29,088
Sep 201607,08441.553.10$21,965
Aug 201609,21741.442.92$26,954
Jul 2016010,94541.622.92$32,007
Jun 2016010,90945.352.69$29,300
May 201609,55842.521.99$19,030
Apr 201608,90736.561.99$17,734
Mar 201649,39433.011.79$16,985
Feb 201608,74326.472.06$18,042
Jan 201609,53327.352.36$22,539
Dec 201509,86532.362.00$19,744
Nov 201508,81938.792.17$19,114
Oct 201529,28243.552.43$22,611
Sep 201509,06742.992.76$25,011
Aug 201509,29240.162.87$26,691
Jul 201509,08548.152.95$26,756
Jun 201506,91556.152.88$19,935
May 201508,80955.212.96$26,035
Apr 201509,45449.822.71$25,588
Mar 2015010,19342.892.93$29,914
Feb 201508,20744.662.98$24,426
Jan 201507,17943.433.10$22,259
Dec 201418,12154.693.59$29,220
Nov 201407,80070.464.25$33,164
Oct 201408,16478.303.90$31,847
Sep 201407,97786.164.05$32,270
Aug 201409,41189.394.04$37,975
Jul 201409,76996.564.18$40,831
Jun 2014229,33298.164.74$46,364
May 201409,73494.734.73$46,008
Apr 201409,55495.944.81$45,946
Mar 201448,57295.895.06$43,730
Feb 201407,84697.406.19$48,582
Jan 201408,51190.404.86$41,370
Dec 201309,07691.824.35$39,521
Nov 201388,86088.853.74$33,832
Oct 201307,78597.423.78$29,422
Sep 201308,957104.113.72$33,300
Aug 2013013,557104.253.52$47,756
Jul 2013013,001102.523.72$48,334
Jun 2013112,45894.403.93$49,097
May 2013012,81894.834.15$53,183
Apr 2013110,40393.964.28$44,646
Mar 2013139,98193.623.91$40,271
Feb 201308,75191.233.42$29,928
Jan 201308,40691.603.42$28,748
Dec 201207,68486.773.42$26,281
Nov 201206,64086.953.62$24,070
Oct 20124011,04989.383.40$41,138
Sep 2012010,44494.672.92$30,480
Aug 2012010,32892.662.91$30,035
Jul 2012011,81585.133.02$35,691
Jun 2012011,64379.822.52$29,329
May 2012010,39191.612.49$25,856
Apr 201208,420101.652.00$16,813
Mar 2012010,644105.052.22$23,652
Feb 2012010,251101.102.57$26,348
Jan 2012011,53198.092.73$31,527
Dec 201109,84196.873.24$31,882
Nov 2011011,85295.723.31$39,245
Oct 2011013,06484.983.65$47,665
Sep 2011011,94483.623.99$47,606
Aug 2011014,17183.404.15$58,800
Jul 2011013,45294.144.52$60,766
Jun 2011211,68592.904.64$54,403
May 2011013,78398.134.40$60,712
Apr 2011013,914105.964.33$60,293
Mar 2011013,31696.364.06$54,028
Feb 2011012,63285.644.18$52,802
Jan 2011013,48086.504.59$61,857
Dec 2010013,47085.734.35$58,564
Nov 2010012,14880.843.80$46,106
Oct 201029,30978.103.51$32,820
Sep 201016,36972.633.98$25,418
Aug 201007,21673.684.42$31,890
Jul 2010010,00772.554.74$47,398
Jun 201002,61470.364.91$12,836
May 201045071.124.24$3,200
Apr 20100081.694.12$0
Mar 20100078.394.39$0
Feb 20100073.585.44$0
Jan 20100374.365.96$18
Dec 200905,72971.445.48$31,416
Nov 20095310,58374.593.75$43,655
Oct 2009012,24472.544.11$50,326
Sep 200909,24865.543.06$28,343
Aug 2009116,52567.423.22$53,253
Jul 20095817,65961.133.46$64,725
Jun 200910416,76166.163.90$72,165
May 20092910,18354.743.93$41,563
Apr 20094517,59046.773.59$65,209
Mar 20094917,18442.144.06$71,815
Feb 20096316,75432.814.63$79,688
Jan 2009416,55535.865.37$89,060
Dec 20083214,41137.105.98$87,324
Nov 2008678,18755.496.86$59,884
Oct 2008313,89275.246.92$96,386
Sep 200800101.767.88$0
Aug 20080142114.228.48$1,205
Jul 20081057,129131.0811.39$94,959
Jun 2008605,932131.3313.03$85,189
May 200843,333123.1711.57$39,070
Apr 20080727110.3110.45$7,601
Mar 20085948101.909.66$9,671
Feb 20082292.538.77$203
Jan 200831,19590.388.21$10,077
Dec 200701,26188.337.30$9,208
Nov 200705,37891.677.29$39,215
Oct 200701,41282.856.92$9,774
Sep 200701,45575.846.24$9,085
Aug 2007015,76069.066.39$100,674
Jul 20071765,44170.906.39$47,235
Jun 2007011,29162.007.55$85,230
May 200704,37058.747.85$34,288
Apr 200706,56359.617.81$51,226
Mar 200705,93856.927.30$43,359
Feb 200705,90455.108.22$48,507
Jan 200707,77950.306.73$52,328
Dec 200608,22156.656.92$56,877
Nov 200606,36154.207.62$48,455
Oct 200605,67154.906.01$34,104
Sep 200608,03060.085.04$40,449
Aug 200608,23468.717.34$60,437
Jul 20061046,58869.376.34$49,001
Jun 200608,09766.286.38$51,690
May 200609,05566.016.42$58,178
Apr 200609,17264.397.36$67,510
Mar 2006010,18556.707.08$72,140
Feb 200607,98657.597.75$61,900
Jan 20067411,36460.598.93$106,002
Dec 2005010,70154.9413.42$143,558
Nov 20057611,65454.6910.59$127,554
Oct 2005013,14858.3413.80$181,387
Sep 2005013,01861.4512.08$157,244
Aug 20059313,05761.519.80$133,638
Jul 2005018,14955.697.84$142,354
Jun 200512317,84152.337.38$138,122
May 2005025,97245.226.65$172,744
Apr 200503,81749.207.36$28,095

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                3,046 Mcf  × $  3.05 =     $9,278

────────────────────────────────────────────────────
Month total                                   $9,278

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/208624 is the state's own key, not one this site invented.