LANCASTER

Operated by UPP OPERATING, LLC (P-5 875310) 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 201162District 09Field 65280200CondensateGasSaveExport
Value, all time
$10.5 M
Mar 2004 – May 2026
Value, last 12 filed months
$265 k
at the published price for each month
Months reported
267
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
CondensateDisposition3,680 bbl$208,078
GasProduction2,141,705 Mcf$10,315,455
Total$10,523,533

Every month this lease reported (267)

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

267 months

May 202606,074106.413.05$18,500
Apr 202616,09198.932.87$17,578
Mar 202616,43589.753.15$20,356
Feb 202615,75563.503.75$21,647
Jan 202606,45759.138.00$51,643
Dec 202506,02156.664.41$26,573
Nov 202505,52758.593.93$21,701
Oct 202505,75859.383.30$19,029
Sep 202505,49762.743.08$16,914
Aug 202505,52863.933.01$16,666
Jul 202505,20866.743.32$17,266
Jun 202515,53166.483.13$17,371
May 202505,76860.553.23$18,644
Apr 202505,43762.363.54$19,264
Mar 202515,59167.704.27$23,932
Feb 202505,59770.884.34$24,296
Jan 202505,71774.324.28$24,461
Dec 202405,67868.993.12$17,723
Nov 202405,54269.052.20$12,184
Oct 202405,73871.372.28$13,091
Sep 202405,65469.612.36$13,368
Aug 202406,13275.632.06$12,654
Jul 202405,97979.932.15$12,834
Jun 202405,80478.082.63$15,288
May 202415,95378.812.20$13,166
Apr 202405,76184.451.66$9,559
Mar 202405,84380.301.55$9,028
Feb 202405,43876.091.78$9,699
Jan 202406,14573.023.30$20,264
Dec 202306,13971.262.61$16,027
Nov 202305,91577.892.81$16,607
Oct 202306,13285.443.09$18,931
Sep 202305,97289.042.74$16,334
Aug 202305,94080.522.67$15,877
Jul 202305,94874.852.64$15,713
Jun 202305,85268.962.26$13,217
May 202305,87470.622.23$13,084
Apr 202315,02078.122.24$11,312
Mar 202313,36972.852.39$8,135
Feb 202305,95875.112.47$14,691
Jan 202306,15476.533.39$20,848
Dec 202206,18276.415.73$35,417
Nov 202206,52885.005.65$36,858
Oct 202206,50587.185.86$38,144
Sep 202206,22684.888.16$50,827
Aug 202206,47994.529.13$59,135
Jul 202206,151101.587.54$46,391
Jun 202205,794115.097.98$46,220
May 202205,988109.378.43$50,497
Apr 202205,819104.226.84$39,788
Mar 202206,082108.885.08$30,875
Feb 202205,64991.054.86$27,448
Jan 202206,60281.844.54$29,958
Dec 202106,25071.323.90$24,370
Nov 202105,95977.435.24$31,206
Oct 202106,20979.795.71$35,477
Sep 202106,00669.865.35$32,138
Aug 202106,21766.024.22$26,239
Jul 202106,10270.783.98$24,299
Jun 202106,01169.493.38$20,321
May 202106,55163.483.02$19,769
Apr 202106,78560.362.76$18,716
Mar 202106,55561.302.72$17,810
Feb 202104,61257.805.55$25,587
Jan 202106,54450.412.81$18,390
Dec 202006,61644.642.68$17,701
Nov 202006,41438.772.71$17,360
Oct 202006,60836.972.48$16,377
Sep 202006,41437.091.99$12,771
Aug 202006,54739.982.39$15,615
Jul 202006,58538.371.83$12,018
Jun 202006,59834.901.69$11,153
May 202006,58816.921.81$11,956
Apr 202006,30914.751.80$11,384
Mar 202006,41330.341.86$11,904
Feb 202006,59849.881.98$13,068
Jan 202007,42257.252.09$15,547
Dec 201905,67859.012.30$13,084
Nov 201906,76355.302.75$18,603
Oct 201907,25353.472.42$17,542
Sep 201906,53455.052.66$17,363
Aug 20192057,69353.112.30$28,615
Jul 201907,51356.272.46$18,482
Jun 201907,33152.782.49$18,263
May 2019266,93258.482.74$20,516
Apr 2019266,54262.632.75$19,623
Mar 201906,79156.803.06$20,795
Feb 201906,07550.852.79$16,963
Jan 2019336,90946.033.23$23,822
Dec 201806,94846.594.19$29,080
Nov 201806,75452.934.24$28,618
Oct 201806,94861.443.40$23,610
Sep 2018336,85659.543.11$23,273
Aug 201807,26059.403.07$22,263
Jul 201806,95565.142.93$20,391
Jun 201806,66560.183.08$20,508
May 201807,09265.382.90$20,572
Apr 201806,97863.842.90$20,242
Mar 201807,28261.222.79$20,294
Feb 2018326,53361.782.77$20,048
Jan 201807,42762.874.01$29,777
Dec 201706,84557.272.92$19,998
Nov 201706,89555.423.12$21,501
Oct 201707,71349.292.98$23,013
Sep 201707,91547.523.09$24,436
Aug 201708,10445.373.00$24,348
Jul 201708,03143.873.09$24,794
Jun 201707,70242.493.09$23,778
May 201707,94345.373.26$25,921
Apr 201707,73647.933.21$24,845
Mar 201708,09546.772.98$24,153
Feb 201707,18250.452.95$21,206
Jan 2017288,07249.413.42$28,980
Dec 201608,12048.763.72$30,229
Nov 201607,91442.492.64$20,927
Oct 201608,34146.193.09$25,776
Sep 201608,09441.553.10$25,097
Aug 201608,51641.442.92$24,904
Jul 201608,51041.622.92$24,886
Jun 201608,06645.352.69$21,664
May 201608,25542.521.99$16,436
Apr 201608,09336.561.99$16,113
Mar 201608,21833.011.79$14,743
Feb 201607,70126.472.06$15,892
Jan 2016538,38327.352.36$21,270
Dec 201508,41732.362.00$16,846
Nov 201507,95238.792.17$17,235
Oct 201508,34743.552.43$20,255
Sep 201508,25642.992.76$22,774
Aug 201508,64240.162.87$24,824
Jul 201508,70648.152.95$25,640
Jun 201508,54356.152.88$24,628
May 201509,44555.212.96$27,914
Apr 201508,91549.822.71$24,129
Mar 201509,06342.892.93$26,597
Feb 201508,66844.662.98$25,798
Jan 201509,79243.433.10$30,361
Dec 201409,66354.693.59$34,703
Nov 2014518,61370.464.25$40,215
Oct 201409,29378.303.90$36,252
Sep 201409,60486.164.05$38,852
Aug 201409,87689.394.04$39,851
Jul 201409,51396.564.18$39,761
Jun 201409,42098.164.74$44,621
May 201409,02194.734.73$42,638
Apr 201419,60995.944.81$46,307
Mar 201419,90995.895.06$50,204
Feb 201409,55797.406.19$59,177
Jan 20144310,09690.404.86$52,961
Dec 201309,30391.824.35$40,510
Nov 201309,01288.853.74$33,689
Oct 201309,34097.423.78$35,299
Sep 201308,939104.113.72$33,233
Aug 201309,284104.253.52$32,704
Jul 201309,860102.523.72$36,657
Jun 201319,45094.403.93$37,265
May 201309,75294.834.15$40,462
Apr 201309,18193.964.28$39,318
Mar 201309,57993.623.91$37,481
Feb 201309,09091.233.42$31,087
Jan 2013010,44391.603.42$35,714
Dec 20123510,91986.773.42$40,382
Nov 2012010,37186.953.62$37,594
Oct 2012011,09089.383.40$37,702
Sep 20125411,63994.672.92$39,079
Aug 201209,33992.662.91$27,159
Jul 201209,52585.133.02$28,773
Jun 201209,58379.822.52$24,140
May 2012010,63991.612.49$26,473
Apr 2012010,585101.652.00$21,136
Mar 2012010,538105.052.22$23,416
Feb 201208,730101.102.57$22,438
Jan 201209,93698.092.73$27,166
Dec 2011010,43896.873.24$33,816
Nov 2011010,40295.723.31$34,444
Oct 2011010,24384.983.65$37,372
Sep 201108,74883.623.99$34,868
Aug 201109,10883.404.15$37,792
Jul 201105,79694.144.52$26,182
Jun 201108,88892.904.64$41,239
May 2011811,46998.134.40$51,304
Apr 2011011,275105.964.33$48,858
Mar 2011011,50696.364.06$46,684
Feb 20110085.644.18$0
Jan 20110086.504.59$0
Dec 20100085.734.35$0
Nov 201007180.843.80$269
Oct 20100078.103.51$0
Sep 201013072.633.98$944
Aug 20100073.684.42$0
Jul 20100072.554.74$0
Jun 2010742,69570.364.91$18,440
May 201008,80371.124.24$37,283
Apr 20100081.694.12$0
Mar 20100078.394.39$0
Feb 20100073.585.44$0
Jan 20100074.365.96$0
Dec 20090071.445.48$0
Nov 20090074.593.75$0
Oct 20090072.544.11$0
Sep 20090065.543.06$0
Aug 20090067.423.22$0
Jul 20090061.133.46$0
Jun 20090066.163.90$0
May 200908054.743.93$314
Apr 2009758,01446.773.59$32,258
Mar 200908,39142.144.06$34,059
Feb 200907,37232.814.63$34,154
Jan 200908,44935.865.37$45,380
Dec 200808,76937.105.98$52,414
Nov 200809,34355.496.86$64,096
Oct 2008010,68075.246.92$73,927
Sep 200809,572101.767.88$75,400
Aug 200804,227114.228.48$35,858
Jul 200809,390131.0811.39$106,947
Jun 2008249,193131.3313.03$122,961
May 200808,824123.1711.57$102,132
Apr 200809,506110.3110.45$99,384
Mar 2008010,072101.909.66$97,337
Feb 200809,18892.538.77$80,584
Jan 200809,81090.388.21$80,498
Dec 2007479,95288.337.30$76,821
Nov 2007010,00791.677.29$72,968
Oct 200708,00282.856.92$55,390
Sep 2007668,53075.846.24$58,268
Aug 2007010,34369.066.39$66,070
Jul 2007010,69970.906.39$68,345
Jun 200709,85162.007.55$74,360
May 2007011,81058.747.85$92,665
Apr 2007011,04359.617.81$86,193
Mar 2007011,72556.927.30$85,616
Feb 2007010,43355.108.22$85,718
Jan 2007011,48950.306.73$77,285
Dec 2006011,77856.656.92$81,485
Nov 20066611,47754.207.62$91,003
Oct 2006012,26654.906.01$73,765
Sep 2006012,35260.085.04$62,219
Aug 20066512,41868.717.34$95,613
Jul 2006013,53769.376.34$85,862
Jun 20066412,71966.286.38$85,438
May 200618513,07866.016.42$96,238
Apr 2006012,96464.397.36$95,421
Mar 200619613,39856.707.08$106,010
Feb 200619712,12657.597.75$105,335
Jan 2006013,42260.598.93$119,903
Dec 200519713,72454.9413.42$194,936
Nov 200519412,82454.6910.59$146,396
Oct 2005012,87558.3413.80$177,620
Sep 200538110,78861.4512.08$153,721
Aug 2005012,13461.519.80$118,875
Jul 200536611,72255.697.84$112,326
Jun 20051908,66152.337.38$73,870
May 200508,07345.226.65$53,695
Apr 2005015249.207.36$1,119
Mar 2005012,40850.377.15$88,778
Feb 2005015,34945.226.31$96,882
Jan 2005017,48243.166.32$110,525
Dec 2004017,22939.866.75$116,314
Nov 2004020,09245.286.33$127,191
Oct 2004022,26849.706.52$145,078
Sep 2004012,81843.245.28$67,729
Aug 200415816,55042.375.55$98,558
Jul 20049621,09038.286.08$131,990
Jun 2004020,82536.106.43$133,968
May 200419725,17937.486.49$170,911
Apr 200419129,61234.475.86$180,064
Mar 2004020,05634.365.53$110,912

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                6,074 Mcf  × $  3.05 =    $18,500

────────────────────────────────────────────────────
Month total                                  $18,500

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/201162 is the state's own key, not one this site invented.