CAUTHORN -16-

Operated by UPP OPERATING, LLC (P-5 875310) in the HOLMAN RANCH, N (PENN) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 54396District 01Field 42298500CondensateGasSaveExport
Value, all time
$393 k
Jan 1993 – May 2026
Value, last 12 filed months
$0
at the published price for each month
Months reported
401
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 39 leases and 39 wells, and the rule below applies to all of them.

Discovered
1972-05-27
as the register files it
Field class
Gas
the register's own label
Between wells
1,867 ft
minimum
From a lease line
933 ft
minimum

A drilling unit in this field needs at least 160 acres.

The Commission's schedule remark for this field reads: EFFECTIVE 4/1/95.

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
CondensateDisposition121 bbl$3,087
GasProduction97,622 Mcf$390,263
Total$393,350

19,224 Mcf of this lease's gas, across 48 months, carries no value here. No free Texas wellhead gas price exists before 1997, so those months are left out of the total rather than valued at zero. The total above is therefore a floor, not an estimate.

Every month this lease reported (401)

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

401 months

May 202600106.413.05$0
Apr 20260098.932.87$0
Mar 20260089.753.15$0
Feb 20260063.503.75$0
Jan 20260059.138.00$0
Dec 20250056.664.41$0
Nov 20250058.593.93$0
Oct 20250059.383.30$0
Sep 20250062.743.08$0
Aug 20250063.933.01$0
Jul 20250066.743.32$0
Jun 20250066.483.13$0
May 20250060.553.23$0
Apr 20250062.363.54$0
Mar 20250067.704.27$0
Feb 20250070.884.34$0
Jan 20250074.324.28$0
Dec 20240068.993.12$0
Nov 20240069.052.20$0
Oct 20240071.372.28$0
Sep 20240069.612.36$0
Aug 20240075.632.06$0
Jul 20240079.932.15$0
Jun 20240078.082.63$0
May 20240078.812.20$0
Apr 20240084.451.66$0
Mar 20240080.301.55$0
Feb 20240076.091.78$0
Jan 20240073.023.30$0
Dec 20230071.262.61$0
Nov 20230077.892.81$0
Oct 20230085.443.09$0
Sep 20230089.042.74$0
Aug 20230080.522.67$0
Jul 20230074.852.64$0
Jun 20230068.962.26$0
May 20230070.622.23$0
Apr 20230078.122.24$0
Mar 20230072.852.39$0
Feb 20230075.112.47$0
Jan 20230076.533.39$0
Dec 20220076.415.73$0
Nov 20220085.005.65$0
Oct 20220087.185.86$0
Sep 20220084.888.16$0
Aug 20220094.529.13$0
Jul 202200101.587.54$0
Jun 202200115.097.98$0
May 202200109.378.43$0
Apr 202200104.226.84$0
Mar 202200108.885.08$0
Feb 20220091.054.86$0
Jan 20220081.844.54$0
Dec 20210071.323.90$0
Nov 20210077.435.24$0
Oct 20210079.795.71$0
Sep 20210069.865.35$0
Aug 20210066.024.22$0
Jul 20210070.783.98$0
Jun 20210069.493.38$0
May 20210063.483.02$0
Apr 20210060.362.76$0
Mar 20210061.302.72$0
Feb 20210057.805.55$0
Jan 20210050.412.81$0
Dec 20200044.642.68$0
Nov 20200038.772.71$0
Oct 20200036.972.48$0
Sep 20200037.091.99$0
Aug 20200039.982.39$0
Jul 20200038.371.83$0
Jun 20200034.901.69$0
May 20200016.921.81$0
Apr 20200014.751.80$0
Mar 20200030.341.86$0
Feb 20200049.881.98$0
Jan 20200057.252.09$0
Dec 20190059.012.30$0
Nov 20190055.302.75$0
Oct 20190053.472.42$0
Sep 20190055.052.66$0
Aug 20190053.112.30$0
Jul 20190056.272.46$0
Jun 20190052.782.49$0
May 20190058.482.74$0
Apr 20190062.632.75$0
Mar 20190056.803.06$0
Feb 20190050.852.79$0
Jan 20190046.033.23$0
Dec 20180046.594.19$0
Nov 20180052.934.24$0
Oct 20180061.443.40$0
Sep 20180059.543.11$0
Aug 20180059.403.07$0
Jul 20180065.142.93$0
Jun 20180060.183.08$0
May 20180065.382.90$0
Apr 20180063.842.90$0
Mar 20180061.222.79$0
Feb 20180061.782.77$0
Jan 20180062.874.01$0
Dec 20170057.272.92$0
Nov 20170055.423.12$0
Oct 20170049.292.98$0
Sep 20170047.523.09$0
Aug 20170045.373.00$0
Jul 20170043.873.09$0
Jun 20170042.493.09$0
May 20170045.373.26$0
Apr 20170047.933.21$0
Mar 20170046.772.98$0
Feb 20170050.452.95$0
Jan 20170049.413.42$0
Dec 20160048.763.72$0
Nov 20160042.492.64$0
Oct 20160046.193.09$0
Sep 20160041.553.10$0
Aug 20160041.442.92$0
Jul 20160041.622.92$0
Jun 20160045.352.69$0
May 20160042.521.99$0
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 20150038.792.17$0
Oct 20150043.552.43$0
Sep 20150042.992.76$0
Aug 20150040.162.87$0
Jul 20150048.152.95$0
Jun 20150056.152.88$0
May 20150055.212.96$0
Apr 20150049.822.71$0
Mar 20150042.892.93$0
Feb 20150044.662.98$0
Jan 20150043.433.10$0
Dec 20140054.693.59$0
Nov 20140070.464.25$0
Oct 20140078.303.90$0
Sep 20140086.164.05$0
Aug 20140089.394.04$0
Jul 20140096.564.18$0
Jun 20140098.164.74$0
May 20140094.734.73$0
Apr 20140095.944.81$0
Mar 20140095.895.06$0
Feb 20140097.406.19$0
Jan 20140090.404.86$0
Dec 20130091.824.35$0
Nov 20130088.853.74$0
Oct 20130097.423.78$0
Sep 201300104.113.72$0
Aug 201300104.253.52$0
Jul 201300102.523.72$0
Jun 20130094.403.93$0
May 20130094.834.15$0
Apr 20130093.964.28$0
Mar 20130093.623.91$0
Feb 20130191.233.42$3
Jan 20130491.603.42$14
Dec 20120286.773.42$7
Nov 20120086.953.62$0
Oct 20120089.383.40$0
Sep 20120094.672.92$0
Aug 20120092.662.91$0
Jul 20120085.133.02$0
Jun 20120079.822.52$0
May 20120291.612.49$5
Apr 201207101.652.00$14
Mar 2012010105.052.22$22
Feb 201205101.102.57$13
Jan 20120998.092.73$25
Dec 201101096.873.24$32
Nov 2011114995.723.31$589
Oct 2011045384.983.65$1,653
Sep 2011155283.623.99$2,284
Aug 2011014783.404.15$610
Jul 2011020594.144.52$926
Jun 2011043392.904.64$2,009
May 2011021798.134.40$956
Apr 20111152105.964.33$765
Mar 2011123296.364.06$1,038
Feb 2011127785.644.18$1,243
Jan 2011126686.504.59$1,307
Dec 2010123285.734.35$1,094
Nov 2010120980.843.80$874
Oct 2010129078.103.51$1,096
Sep 2010241272.633.98$1,785
Aug 2010042073.684.42$1,856
Jul 2010038872.554.74$1,838
Jun 2010040070.364.91$1,964
May 2010041571.124.24$1,758
Apr 2010040881.694.12$1,682
Mar 2010041578.394.39$1,821
Feb 2010038573.585.44$2,095
Jan 2010044874.365.96$2,672
Dec 2009037071.445.48$2,029
Nov 2009036874.593.75$1,381
Oct 2009043272.544.11$1,776
Sep 2009041065.543.06$1,257
Aug 2009040067.423.22$1,287
Jul 2009034261.133.46$1,185
Jun 2009038466.163.90$1,496
May 2009046554.743.93$1,825
Apr 2009034746.773.59$1,245
Mar 2009040042.144.06$1,624
Feb 2009040532.814.63$1,876
Jan 2009044735.865.37$2,401
Dec 2008041737.105.98$2,492
Nov 2008043055.496.86$2,950
Oct 2008047575.246.92$3,288
Sep 20080325101.767.88$2,560
Aug 20080431114.228.48$3,656
Jul 20080421131.0811.39$4,795
Jun 20080344131.3313.03$4,483
May 20080350123.1711.57$4,051
Apr 20080325110.3110.45$3,398
Mar 20080383101.909.66$3,701
Feb 2008036592.538.77$3,201
Jan 2008036990.388.21$3,028
Dec 2007042488.337.30$3,096
Nov 2007038691.677.29$2,815
Oct 2007034182.856.92$2,360
Sep 2007046275.846.24$2,885
Aug 2007046369.066.39$2,958
Jul 2007041370.906.39$2,638
Jun 2007034662.007.55$2,612
May 2007043958.747.85$3,445
Apr 2007047059.617.81$3,668
Mar 2007027456.927.30$2,001
Feb 2007031255.108.22$2,563
Jan 2007052650.306.73$3,538
Dec 2006053856.656.92$3,722
Nov 2006048054.207.62$3,656
Oct 2006047854.906.01$2,875
Sep 2006055260.085.04$2,781
Aug 2006063668.717.34$4,668
Jul 2006054669.376.34$3,463
Jun 2006031166.286.38$1,985
May 2006041366.016.42$2,654
Apr 2006033964.397.36$2,495
Mar 2006044156.707.08$3,124
Feb 2006045857.597.75$3,550
Jan 2006054360.598.93$4,851
Dec 2005043154.9413.42$5,782
Nov 2005058254.6910.59$6,162
Oct 2005045758.3413.80$6,305
Sep 2005039461.4512.08$4,759
Aug 2005041761.519.80$4,085
Jul 2005055555.697.84$4,353
Jun 2005085152.337.38$6,281
May 2005095945.226.65$6,378
Apr 200501,03249.207.36$7,596
Mar 200501,16550.377.15$8,335
Feb 2005036545.226.31$2,304
Jan 20050943.166.32$57
Dec 20040539.866.75$34
Nov 20044445.286.33$206
Oct 20040449.706.52$26
Sep 20040343.245.28$16
Aug 20040442.375.55$22
Jul 20040238.286.08$12
Jun 20040036.106.43$0
May 20040037.486.49$0
Apr 2004015234.475.86$890
Mar 2004058134.365.53$3,213
Feb 2004043432.455.51$2,391
Jan 2004061332.036.30$3,862
Dec 2003048030.266.30$3,025
Nov 2003058128.804.60$2,670
Oct 2003046228.174.76$2,199
Sep 2003033726.314.75$1,601
Aug 2003030929.765.13$1,585
Jul 2003030329.415.17$1,567
Jun 2003048028.565.98$2,872
May 2003049726.595.97$2,968
Apr 2003048326.675.41$2,612
Mar 2003043231.146.10$2,633
Feb 20033038033.487.93$4,016
Jan 2003055130.315.58$3,076
Dec 2002039426.914.85$1,912
Nov 2002041924.664.14$1,733
Oct 2002051926.464.23$2,195
Sep 2002049127.443.64$1,785
Aug 2002048125.963.16$1,522
Jul 2002053524.583.06$1,638
Jun 2002048423.733.34$1,616
May 2002057724.663.58$2,068
Apr 2002057423.653.51$2,016
Mar 2002063822.003.10$1,980
Feb 2002060218.222.38$1,430
Jan 2002062717.172.38$1,490
Dec 2001063016.932.36$1,490
Nov 2001065418.072.41$1,573
Oct 2001047019.782.53$1,189
Sep 2001051324.262.25$1,155
Aug 2001068524.873.05$2,091
Jul 2001056923.933.20$1,819
Jun 2001052224.563.82$1,996
May 2001059325.524.31$2,554
Apr 2001059724.685.34$3,185
Mar 2001062224.545.38$3,344
Feb 2001052027.755.77$2,999
Jan 2001057127.478.40$4,796
Dec 2000067626.889.12$6,167
Nov 2000061532.215.66$3,480
Oct 2000063231.235.15$3,252
Sep 2000054031.875.19$2,801
Aug 2000050429.644.54$2,289
Jul 2000060728.534.09$2,482
Jun 2000060429.304.40$2,656
May 2000058227.263.68$2,142
Apr 2000054924.513.12$1,711
Mar 2000051328.422.86$1,467
Feb 2000054527.622.73$1,486
Jan 2000056425.272.48$1,399
Dec 1999053524.282.42$1,297
Nov 1999051223.192.43$1,246
Oct 1999060320.982.80$1,691
Sep 1999059621.752.62$1,561
Aug 1999061419.262.88$1,766
Jul 1999058417.892.37$1,385
Jun 1999059315.942.36$1,401
May 1999062115.792.32$1,441
Apr 1999063415.102.21$1,400
Mar 1999060412.471.84$1,110
Feb 199907769.981.82$1,411
Jan 199901,12910.381.90$2,145
Dec 199804829.201.77$855
Nov 1998026710.892.19$584
Oct 1998024512.421.97$482
Sep 1998027412.592.08$571
Aug 1998030911.301.91$589
Jul 1998024611.742.24$550
Jun 1998027211.242.24$609
May 1998027012.622.21$596
Apr 1998026513.042.51$664
Mar 19982520012.802.31$782
Feb 1998030113.952.30$692
Jan 1998018814.702.15$405
Dec 1997038016.322.41$916
Nov 1997026218.193.09$809
Oct 1997034019.253.15$1,071
Sep 1997032417.742.95$957
Aug 1997036617.862.55$935
Jul 1997053117.582.25$1,193
Jun 1997023217.242.26$524
May 1997039118.972.31$903
Apr 1997043117.882.08$898
Mar 1997069018.951.94$1,338
Feb 1997053920.492.21$1,189
Jan 1997070923.483.54$2,510
Dec 1996026323.32$0
Nov 1996016721.97$0
Oct 1996027323.31$0
Sep 1996033922.22$0
Aug 1996026520.26$0
Jul 1996024519.55$0
Jun 1996036918.73$0
May 1996028519.43$0
Apr 1996020821.51$0
Mar 1996038119.38$0
Feb 1996033816.98$0
Jan 1996044717.07$0
Dec 1995038117.19$0
Nov 1995046016.00$0
Oct 1995051615.43$0
Sep 1995072616.18$0
Aug 1995059515.92$0
Jul 1995049915.24$0
Jun 1995061916.41$0
May 1995019817.56$0
Apr 1995027317.73$0
Mar 1995027116.44$0
Feb 1995040716.58$0
Jan 1995041215.92$0
Dec 1994028115.03$0
Nov 1994050615.90$0
Oct 1994041715.58$0
Sep 1994049215.29$0
Aug 1994059216.13$0
Jul 1994033017.56$0
Jun 1994044317.09$0
May 1994061515.88$0
Apr 1994024914.14$0
Mar 1994041612.46$0
Feb 19945155912.50$638
Jan 1994042712.66$0
Dec 1993029112.33$0
Nov 1993064814.49$0
Oct 1993018415.85$0
Sep 1993036115.03$0
Aug 1993035615.66$0
Jul 1993055215.46$0
Jun 1993032716.79$0
May 1993040217.68$0
Apr 1993054918.05$0
Mar 1993024618.14$0
Feb 1993047817.90$0
Jan 1993056616.93$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.

Feb 2013 — as filed, then multipliedworked
Condensate             0 bbl  × $ 91.23 =         $0
Gas                    1 Mcf  × $  3.42 =         $3

────────────────────────────────────────────────────
Month total                                       $3

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. 01/G/54396 is the state's own key, not one this site invented.