RICE UNIVERSITY

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 212498District 09Field 65280200CondensateGasSaveExport
Value, all time
$3.8 M
Jun 2005 – May 2026
Value, last 12 filed months
$59 k
at the published price for each month
Months reported
252
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 bbl$258
GasProduction692,437 Mcf$3,787,030
Total$3,787,288

Every month this lease reported (252)

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

252 months

May 20260459106.413.05$1,398
Apr 202601,40298.932.87$4,023
Mar 202601,44089.753.15$4,535
Feb 202601,24163.503.75$4,654
Jan 202601,47559.138.00$11,797
Dec 202501,30156.664.41$5,742
Nov 202501,31558.593.93$5,163
Oct 202501,41059.383.30$4,660
Sep 202501,38762.743.08$4,268
Aug 202501,40863.933.01$4,245
Jul 202501,38466.743.32$4,588
Jun 202501,30766.483.13$4,089
May 202501,46860.553.23$4,745
Apr 202501,45062.363.54$5,138
Mar 202511,49467.704.27$6,445
Feb 202501,52570.884.34$6,620
Jan 202501,44274.324.28$6,170
Dec 202401,48368.993.12$4,629
Nov 202401,45069.052.20$3,188
Oct 202401,50171.372.28$3,424
Sep 202401,44769.612.36$3,421
Aug 20240075.632.06$0
Jul 202401,63679.932.15$3,512
Jun 202401,65978.082.63$4,370
May 202401,81078.812.20$3,979
Apr 202401,72384.451.66$2,859
Mar 202401,88680.301.55$2,914
Feb 202401,81376.091.78$3,234
Jan 202401,84573.023.30$6,084
Dec 202301,87871.262.61$4,903
Nov 202301,87377.892.81$5,259
Oct 202301,94585.443.09$6,005
Sep 202301,89389.042.74$5,177
Aug 202301,87880.522.67$5,020
Jul 202301,67474.852.64$4,422
Jun 202301,43368.962.26$3,236
May 202301,48070.622.23$3,297
Apr 202301,66078.122.24$3,715
Mar 202301,74972.852.39$4,186
Feb 202301,29575.112.47$3,193
Jan 202301,58276.533.39$5,359
Dec 202201,52376.415.73$8,725
Nov 202201,62485.005.65$9,169
Oct 202201,80787.185.86$10,596
Sep 202201,76684.888.16$14,417
Aug 202201,90494.529.13$17,378
Jul 202201,834101.587.54$13,832
Jun 202201,720115.097.98$13,721
May 202201,798109.378.43$15,163
Apr 202211,767104.226.84$12,186
Mar 202201,822108.885.08$9,249
Feb 202201,65191.054.86$8,022
Jan 202201,87781.844.54$8,517
Dec 202101,72971.323.90$6,742
Nov 202101,69077.435.24$8,850
Oct 202101,76079.795.71$10,056
Sep 202101,66069.865.35$8,883
Aug 202101,61366.024.22$6,808
Jul 202101,57670.783.98$6,276
Jun 202101,62469.493.38$5,490
May 202101,66963.483.02$5,036
Apr 202101,68160.362.76$4,637
Mar 202101,76961.302.72$4,806
Feb 202101,18457.805.55$6,569
Jan 202101,63750.412.81$4,600
Dec 202001,59344.642.68$4,262
Nov 202001,55738.772.71$4,214
Oct 202001,59036.972.48$3,941
Sep 202001,44937.091.99$2,885
Aug 202001,51639.982.39$3,616
Jul 202001,53038.371.83$2,792
Jun 202001,48634.901.69$2,512
May 202001,41716.921.81$2,572
Apr 202001,38014.751.80$2,490
Mar 202001,47530.341.86$2,738
Feb 202001,39549.881.98$2,763
Jan 202001,53557.252.09$3,215
Dec 201901,57259.012.30$3,622
Nov 201901,43855.302.75$3,956
Oct 201901,79753.472.42$4,346
Sep 201901,54855.052.66$4,113
Aug 201901,59553.112.30$3,675
Jul 201901,53456.272.46$3,774
Jun 201901,52852.782.49$3,807
May 201901,58258.482.74$4,335
Apr 201901,53462.632.75$4,220
Mar 201901,82156.803.06$5,576
Feb 201901,60950.852.79$4,493
Jan 201901,78446.033.23$5,759
Dec 201801,89946.594.19$7,948
Nov 201801,88752.934.24$7,996
Oct 201801,77861.443.40$6,042
Sep 201801,83059.543.11$5,688
Aug 201801,92859.403.07$5,912
Jul 201801,85465.142.93$5,436
Jun 201801,59460.183.08$4,905
May 201802,10365.382.90$6,100
Apr 201802,13863.842.90$6,202
Mar 201802,27661.222.79$6,343
Feb 201801,95661.782.77$5,411
Jan 201801,66062.874.01$6,655
Dec 201701,80857.272.92$5,282
Nov 201701,77655.423.12$5,538
Oct 201701,86449.292.98$5,562
Sep 201701,87947.523.09$5,801
Aug 201701,75245.373.00$5,264
Jul 201701,90843.873.09$5,891
Jun 201701,89542.493.09$5,850
May 201701,92345.373.26$6,276
Apr 201701,88447.933.21$6,051
Mar 201701,98346.772.98$5,917
Feb 201701,83350.452.95$5,412
Jan 201701,96749.413.42$6,725
Dec 201602,05348.763.72$7,643
Nov 201602,05642.492.64$5,437
Oct 201602,15546.193.09$6,660
Sep 201602,04341.553.10$6,335
Aug 201602,08741.442.92$6,103
Jul 201602,20541.622.92$6,448
Jun 201602,10245.352.69$5,646
May 201602,21242.521.99$4,404
Apr 201602,15736.561.99$4,295
Mar 201602,18333.011.79$3,916
Feb 201602,04826.472.06$4,226
Jan 201602,07927.352.36$4,916
Dec 201502,33232.362.00$4,667
Nov 201502,26638.792.17$4,911
Oct 201502,42543.552.43$5,884
Sep 201502,41442.992.76$6,659
Aug 201502,25240.162.87$6,469
Jul 201502,25448.152.95$6,638
Jun 201502,28056.152.88$6,573
May 201502,37355.212.96$7,013
Apr 201502,13649.822.71$5,781
Mar 201502,17242.892.93$6,374
Feb 201502,01544.662.98$5,997
Jan 201502,20843.433.10$6,846
Dec 201402,27454.693.59$8,167
Nov 201402,09070.464.25$8,886
Oct 201402,24078.303.90$8,738
Sep 201412,20386.164.05$8,998
Aug 201402,27389.394.04$9,172
Jul 201402,40996.564.18$10,069
Jun 201402,36798.164.74$11,212
May 201402,42794.734.73$11,471
Apr 201402,34095.944.81$11,253
Mar 201402,33495.895.06$11,803
Feb 201402,25797.406.19$13,975
Jan 201402,43190.404.86$11,816
Dec 201302,47791.824.35$10,786
Nov 201302,69188.853.74$10,060
Oct 201302,61397.423.78$9,875
Sep 201302,430104.113.72$9,034
Aug 201302,592104.253.52$9,131
Jul 201302,689102.523.72$9,997
Jun 201302,65994.403.93$10,459
May 201301,68794.834.15$7,000
Apr 201301,85493.964.28$7,940
Mar 201302,34493.623.91$9,172
Feb 201302,48591.233.42$8,498
Jan 201302,16991.603.42$7,418
Dec 201202,56786.773.42$8,780
Nov 201202,49386.953.62$9,037
Oct 201202,72389.383.40$9,257
Sep 201202,78494.672.92$8,125
Aug 201203,46192.662.91$10,065
Jul 201203,40185.133.02$10,274
Jun 201204,14479.822.52$10,439
May 201203,43591.612.49$8,547
Apr 201202,811101.652.00$5,613
Mar 201202,799105.052.22$6,220
Feb 201203,513101.102.57$9,029
Jan 201203,62498.092.73$9,908
Dec 201103,60396.873.24$11,673
Nov 201103,62395.723.31$11,997
Oct 201103,76184.983.65$13,722
Sep 201103,99083.623.99$15,903
Aug 201103,97083.404.15$16,473
Jul 201104,35094.144.52$19,650
Jun 201104,30392.904.64$19,965
May 201104,68098.134.40$20,615
Apr 201104,720105.964.33$20,453
Mar 201105,45696.364.06$22,137
Feb 201105,03385.644.18$21,038
Jan 201106,36686.504.59$29,212
Dec 201003,95085.734.35$17,174
Nov 20100080.843.80$0
Oct 20100078.103.51$0
Sep 2010017372.633.98$688
Aug 2010033773.684.42$1,489
Jul 20100072.554.74$0
Jun 20100070.364.91$0
May 20100071.124.24$0
Apr 20100081.694.12$0
Mar 20100078.394.39$0
Feb 201002573.585.44$136
Jan 20100074.365.96$0
Dec 20090071.445.48$0
Nov 20090074.593.75$0
Oct 200901,88472.544.11$7,744
Sep 200902,77865.543.06$8,514
Aug 2009045767.423.22$1,471
Jul 20090061.133.46$0
Jun 2009092466.163.90$3,599
May 200903,33554.743.93$13,092
Apr 200903,72546.773.59$13,363
Mar 200903,26742.144.06$13,261
Feb 2009079332.814.63$3,674
Jan 200904,68335.865.37$25,152
Dec 200804,63437.105.98$27,698
Nov 200804,04655.496.86$27,757
Oct 200802,77475.246.92$19,202
Sep 200800101.767.88$0
Aug 200800114.228.48$0
Jul 200800131.0811.39$0
Jun 200800131.3313.03$0
May 200801,992123.1711.57$23,056
Apr 200802,210110.3110.45$23,105
Mar 200803,350101.909.66$32,375
Feb 20080492.538.77$35
Jan 200804,01690.388.21$32,954
Dec 200703,75588.337.30$27,419
Nov 200703,85991.677.29$28,139
Oct 200703,72382.856.92$25,771
Sep 200703,92475.846.24$24,502
Aug 200702,82269.066.39$18,027
Jul 2007092770.906.39$5,922
Jun 200703,20362.007.55$24,178
May 200705,50758.747.85$43,209
Apr 200703,25659.617.81$25,414
Mar 200704,06656.927.30$29,690
Feb 200704,66255.108.22$38,303
Jan 2007017,34550.306.73$116,677
Dec 2006015,22156.656.92$105,306
Nov 2006014,38554.207.62$109,577
Oct 200604,91454.906.01$29,552
Sep 200604,27360.085.04$21,524
Aug 200605,53968.717.34$40,656
Jul 200604,49369.376.34$28,498
Jun 200604,89266.286.38$31,230
May 200606,06766.016.42$38,980
Apr 200607,70264.397.36$56,690
Mar 200607,51156.707.08$53,200
Feb 200607,29957.597.75$56,575
Jan 2006010,01660.598.93$89,476
Dec 200509,46854.9413.42$127,017
Nov 2005010,66654.6910.59$112,936
Oct 2005012,74058.3413.80$175,758
Sep 2005012,94061.4512.08$156,302
Aug 2005016,19461.519.80$158,650
Jul 2005020,90255.697.84$163,948
Jun 2005025,53152.337.38$188,445

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                  459 Mcf  × $  3.05 =     $1,398

────────────────────────────────────────────────────
Month total                                   $1,398

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/212498 is the state's own key, not one this site invented.