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 245185District 09Field 65280200CondensateGasSaveExport
Value, all time
$4.4 M
Jun 2007 – May 2026
Value, last 12 filed months
$112 k
at the published price for each month
Months reported
218
10 months not filed
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
CondensateDisposition1,383 bbl$95,579
GasProduction1,051,131 Mcf$4,261,162
Total$4,356,742

Every month this lease reported (218)

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

218 months

May 202602,595106.413.05$7,904
Apr 202602,49498.932.87$7,157
Mar 202602,57789.753.15$8,116
Feb 202602,39663.503.75$8,986
Jan 202602,79559.138.00$22,354
Dec 202502,79856.664.41$12,349
Nov 202502,63658.593.93$10,350
Oct 202502,69359.383.30$8,900
Sep 202502,19862.743.08$6,763
Aug 202502,28663.933.01$6,892
Jul 202501,21266.743.32$4,018
Jun 202502,48666.483.13$7,778
May 202502,61760.553.23$8,459
Apr 202502,57162.363.54$9,109
Mar 202502,63267.704.27$11,234
Feb 202502,47070.884.34$10,722
Jan 202502,96674.324.28$12,691
Dec 202402,99768.993.12$9,355
Nov 202402,92569.052.20$6,430
Oct 202402,83571.372.28$6,468
Sep 202402,88069.612.36$6,809
Aug 202402,81675.632.06$5,811
Jul 202403,16679.932.15$6,796
Jun 202402,95778.082.63$7,789
May 202403,25178.812.20$7,147
Apr 202402,93284.451.66$4,865
Mar 202403,14680.301.55$4,861
Feb 202403,33976.091.78$5,956
Jan 202403,10173.023.30$10,226
Dec 202303,29671.262.61$8,605
Nov 202303,22577.892.81$9,054
Oct 202303,46485.443.09$10,694
Sep 202322,99789.042.74$8,375
Aug 202302,65080.522.67$7,083
Jul 202303,01774.852.64$7,970
Jun 202302,83368.962.26$6,398
May 202307,59070.622.23$16,906
Apr 202307,62978.122.24$17,072
Mar 202303,59272.852.39$8,596
Feb 202306,09975.112.47$15,038
Jan 202308,55676.533.39$28,985
Dec 202208,61976.415.73$49,379
Nov 2022218,33785.005.65$48,857
Oct 202208,24487.185.86$48,341
Sep 202207,96584.888.16$65,024
Aug 202208,14494.529.13$74,332
Jul 202208,564101.587.54$64,590
Jun 202208,322115.097.98$66,386
May 202208,645109.378.43$72,904
Apr 202207,394104.226.84$50,557
Mar 202203,254108.885.08$16,519
Feb 202202,74491.054.86$13,333
Jan 202202,94581.844.54$13,363
Dec 202102,64771.323.90$10,321
Nov 202102,51477.435.24$13,165
Oct 202102,67179.795.71$15,262
Sep 202102,42169.865.35$12,955
Aug 2021152,70466.024.22$12,403
Jul 202102,68770.783.98$10,700
Jun 202102,87369.493.38$9,713
May 202102,88163.483.02$8,694
Apr 202103,19760.362.76$8,819
Mar 202103,31361.302.72$9,001
Feb 202103,09957.805.55$17,193
Jan 202103,13450.412.81$8,807
Dec 2020152,67444.642.68$7,824
Nov 202002,60138.772.71$7,040
Oct 202002,81136.972.48$6,967
Sep 202002,88137.091.99$5,736
Aug 202003,35739.982.39$8,007
Jul 202003,22238.371.83$5,881
Jun 202003,82634.901.69$6,467
May 202003,73116.921.81$6,771
Apr 202003,50614.751.80$6,326
Mar 202003,62730.341.86$6,733
Feb 2020153,34949.881.98$7,381
Jan 202003,54657.252.09$7,428
Dec 201904,65859.012.30$10,734
Nov 201904,40655.302.75$12,120
Oct 201904,62753.472.42$11,191
Sep 201904,26855.052.66$11,341
Aug 201904,26053.112.30$9,817
Jul 201904,25156.272.46$10,458
Jun 201903,97852.782.49$9,910
May 201904,33258.482.74$11,871
Apr 201903,95562.632.75$10,879
Mar 2019193,67956.803.06$12,345
Feb 201903,16050.852.79$8,823
Jan 201903,80546.033.23$12,283
Dec 201804,26146.594.19$17,834
Nov 2018273,86152.934.24$17,789
Oct 201804,10661.443.40$13,953
Sep 201804,21559.543.11$13,100
Aug 201804,11159.403.07$12,607
Jul 201803,78065.142.93$11,083
Jun 2018194,47260.183.08$14,903
May 201804,56265.382.90$13,233
Apr 2018254,39463.842.90$14,342
Mar 201804,37661.222.79$12,195
Feb 201803,86061.782.77$10,677
Jan 201804,54762.874.01$18,230
Dec 201704,71157.272.92$13,763
Nov 2017304,14755.423.12$14,594
Oct 201704,19949.292.98$12,528
Sep 201704,30847.523.09$13,300
Aug 201705,03045.373.00$15,112
Jul 201705,36143.873.09$16,551
Jun 201795,29642.493.09$16,733
May 201705,37645.373.26$17,544
Apr 201755,38647.933.21$17,537
Mar 201705,51146.772.98$16,443
Feb 201704,98250.452.95$14,710
Jan 201792,57049.413.42$9,231
Dec 201603,41848.763.72$12,725
Nov 201605,15642.492.64$13,634
Oct 2016293,84646.193.09$13,225
Sep 201604,86341.553.10$15,078
Aug 201602,84241.442.92$8,311
Jul 201601,31841.622.92$3,854
Jun 201601,21945.352.69$3,274
May 201602,52542.521.99$5,027
Apr 20160036.561.99$0
Mar 20160033.011.79$0
Feb 20160026.472.06$0
Jan 20160027.352.36$0
Dec 20150032.362.00$0
Nov 201503,30138.792.17$7,154
Oct 201513,85343.552.43$9,393
Sep 201504,19842.992.76$11,580
Aug 201504,27840.162.87$12,289
Jul 201504,61848.152.95$13,600
Jun 201505,88556.152.88$16,966
May 201505,27155.212.96$15,578
Apr 201504,04749.822.71$10,953
Mar 20150042.892.93$0
Feb 201503,29544.662.98$9,807
Jan 201505,47543.433.10$16,976
Dec 201423,65554.693.59$13,236
Nov 201402,72370.464.25$11,578
Oct 201404,16678.303.90$16,251
Sep 201405,25286.164.05$21,247
Aug 201404,04089.394.04$16,302
Jul 201404,03296.564.18$16,852
Jun 2014234,83198.164.74$25,142
May 201405,86294.734.73$27,707
Apr 201405,49695.944.81$26,431
Mar 201494,76995.895.06$24,979
Feb 201404,37697.406.19$27,096
Jan 201405,38890.404.86$26,190
Dec 201304,83191.824.35$21,036
Nov 2013155,35788.853.74$21,359
Oct 201306,68397.423.78$25,257
Sep 201305,309104.113.72$19,737
Aug 20130318104.253.52$1,120
Jul 2013027102.523.72$100
Jun 2013224794.403.93$1,160
May 201301,35894.834.15$5,634
Apr 201323,63193.964.28$15,738
Mar 2013125,67193.623.91$23,313
Feb 201304,81691.233.42$16,470
Jan 201304,66191.603.42$15,940
Dec 201204,77486.773.42$16,328
Nov 201205,59986.953.62$20,296
Oct 2012284,47689.383.40$17,720
Sep 201203,69294.672.92$10,775
Aug 201206,84592.662.91$19,906
Jul 201204,73885.133.02$14,313
Jun 201202,26879.822.52$5,713
May 201204,30891.612.49$10,720
Apr 201205,288101.652.00$10,559
Mar 201202,315105.052.22$5,144
Feb 20121275,756101.102.57$27,634
Jan 201232,12098.092.73$6,091
Dec 201115,86496.873.24$19,095
Nov 201105,26995.723.31$17,447
Oct 2011514,96284.983.65$22,438
Sep 201106,08583.623.99$24,254
Aug 201103,23083.404.15$13,402
Jul 201103,44194.144.52$15,544
Jun 201133,91392.904.64$18,435
May 201103,72298.134.40$16,395
Apr 201104,470105.964.33$19,370
Mar 2011993,75496.364.06$24,771
Feb 20110485.644.18$17
Jan 201103,57686.504.59$16,409
Dec 2010844,25385.734.35$25,692
Nov 201003,23180.843.80$12,263
Oct 201007,10678.103.51$24,934
Sep 2010111,55172.633.98$46,039
Aug 2010213,30873.684.42$58,960
Jul 2010010,12272.554.74$47,943
Jun 201007,36970.364.91$36,185
May 201011711,13071.124.24$55,459
Apr 2010010,56981.694.12$43,573
Mar 2010011,36478.394.39$49,873
Feb 2010010,93273.585.44$59,496
Jan 2010012,31674.365.96$73,454
Dec 2009011,65671.445.48$63,919
Nov 2009588,83274.593.75$37,459
Oct 200909,80172.544.11$40,285
Sep 2009011,13165.543.06$34,114
Aug 2009110,52367.423.22$33,936
Jul 20095210,65161.133.46$40,079
Jun 20091069,59366.163.90$44,378
May 20093513,40054.743.93$54,521
Apr 20094811,07546.773.59$41,977
Mar 20094613,14942.144.06$55,310
Feb 20095213,70632.814.63$65,206
Jan 2009817,90335.865.37$96,444
Dec 20086126,40737.105.98$160,101
Nov 20089429,20755.496.86$205,587
Oct 2008026,50575.246.92$183,467
Sep 200800101.767.88$0
Oct 20070082.856.92$0
Sep 20070075.846.24$0
Aug 20070069.066.39$0
Jul 20070070.906.39$0
Jun 20070062.007.55$0

Not filed, and not zero: Nov 2007 – Aug 2008 (10 months). The Railroad Commission holds no report for those months, so this page shows none — a zero would state that the lease produced nothing.

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                2,595 Mcf  × $  3.05 =     $7,904

────────────────────────────────────────────────────
Month total                                   $7,904

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/245185 is the state's own key, not one this site invented.