MARCHBANKS

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 217140District 09Field 65280200CondensateGasSaveExport
Value, all time
$10.9 M
Sep 2005 – May 2026
Value, last 12 filed months
$166 k
at the published price for each month
Months reported
249
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
CondensateDisposition109 bbl$6,523
GasProduction1,999,518 Mcf$10,906,560
Total$10,913,083

Every month this lease reported (249)

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

249 months

May 202602,763106.413.05$8,416
Apr 202613,53498.932.87$10,241
Mar 202604,11889.753.15$12,969
Feb 202603,56063.503.75$13,351
Jan 202604,33459.138.00$34,663
Dec 202504,31756.664.41$19,052
Nov 202503,90858.593.93$15,345
Oct 202503,83859.383.30$12,684
Sep 202502,17762.743.08$6,698
Aug 202503,27863.933.01$9,882
Jul 202503,68766.743.32$12,223
Jun 202503,49866.483.13$10,944
May 202503,81360.553.23$12,325
Apr 202513,62562.363.54$12,906
Mar 202523,86067.704.27$16,611
Feb 202503,48970.884.34$15,145
Jan 202503,89774.324.28$16,674
Dec 202403,86768.993.12$12,070
Nov 202403,55769.052.20$7,820
Oct 202403,54471.372.28$8,085
Sep 202403,33069.612.36$7,873
Aug 20241075.632.06$76
Jul 202403,94079.932.15$8,458
Jun 202403,85678.082.63$10,157
May 202414,03178.812.20$8,941
Apr 202413,92184.451.66$6,590
Mar 202414,08080.301.55$6,384
Feb 202403,92476.091.78$6,999
Jan 202404,17973.023.30$13,781
Dec 202304,27371.262.61$11,156
Nov 202304,12577.892.81$11,581
Oct 202304,23285.443.09$13,065
Sep 202304,21489.042.74$11,525
Aug 202314,47580.522.67$12,042
Jul 202314,41774.852.64$11,744
Jun 202304,31568.962.26$9,745
May 202304,51670.622.23$10,059
Apr 202304,39378.122.24$9,830
Mar 202314,06172.852.39$9,791
Feb 202303,47775.112.47$8,573
Jan 202303,99176.533.39$13,520
Dec 202204,14076.415.73$23,718
Nov 202203,83785.005.65$21,664
Oct 202204,40787.185.86$25,842
Sep 202204,06684.888.16$33,194
Aug 202204,11194.529.13$37,522
Jul 202204,370101.587.54$32,959
Jun 202214,301115.097.98$34,425
May 202204,381109.378.43$36,945
Apr 202213,948104.226.84$27,099
Mar 202204,380108.885.08$22,235
Feb 202203,66291.054.86$17,793
Jan 202204,74481.844.54$21,527
Dec 202104,78571.323.90$18,657
Nov 202114,75977.435.24$25,000
Oct 202104,92779.795.71$28,152
Sep 202103,72169.865.35$19,911
Aug 202104,50566.024.22$19,014
Jul 202104,73570.783.98$18,855
Jun 202114,45769.493.38$15,137
May 202104,84563.483.02$14,621
Apr 202104,57760.362.76$12,625
Mar 202104,90861.302.72$13,335
Feb 202104,16557.805.55$23,107
Jan 202165,08350.412.81$14,587
Dec 202005,45544.642.68$14,595
Nov 202005,27038.772.71$14,264
Oct 202005,55536.972.48$13,768
Sep 202005,38237.091.99$10,716
Aug 202005,69439.982.39$13,581
Jul 202005,84238.371.83$10,662
Jun 202055,28934.901.69$9,115
May 202005,45616.921.81$9,901
Apr 202005,24414.751.80$9,462
Mar 202005,45730.341.86$10,129
Feb 202005,02349.881.98$9,949
Jan 202045,49857.252.09$11,746
Dec 201905,58359.012.30$12,865
Nov 201905,05855.302.75$13,913
Oct 201925,50153.472.42$13,411
Sep 201905,81955.052.66$15,463
Aug 201905,87053.112.30$13,527
Jul 201905,76756.272.46$14,187
Jun 201905,73552.782.49$14,287
May 201925,60658.482.74$15,479
Apr 201935,75662.632.75$16,021
Mar 201925,45256.803.06$16,808
Feb 201904,88750.852.79$13,646
Jan 201925,33646.033.23$17,318
Dec 201875,67746.594.19$24,087
Nov 201825,43152.934.24$23,118
Oct 201825,63661.443.40$19,274
Sep 201825,36959.543.11$16,806
Aug 201805,31359.403.07$16,293
Jul 201845,31765.142.93$15,849
Jun 201805,19360.183.08$15,978
May 201855,46865.382.90$16,188
Apr 201825,36863.842.90$15,699
Mar 201825,48061.222.79$15,394
Feb 201825,06961.782.77$14,145
Jan 201825,20762.874.01$21,002
Dec 201725,78557.272.92$17,016
Nov 201726,42455.423.12$20,143
Oct 201735,90649.292.98$17,769
Sep 201755,55547.523.09$17,387
Aug 201705,75045.373.00$17,275
Jul 201726,15043.873.09$19,075
Jun 201755,76142.493.09$17,998
May 201706,22345.373.26$20,308
Apr 201706,07147.933.21$19,498
Mar 201756,15846.772.98$18,607
Feb 201705,62750.452.95$16,614
Jan 201706,01149.413.42$20,550
Dec 201605,71448.763.72$21,272
Nov 201606,36642.492.64$16,834
Oct 201606,40046.193.09$19,778
Sep 201616,17041.553.10$19,172
Aug 201606,54841.442.92$19,149
Jul 201606,44441.622.92$18,844
Jun 201606,52845.352.69$17,533
May 201606,62342.521.99$13,187
Apr 201606,39836.561.99$12,739
Mar 201606,65933.011.79$11,946
Feb 201606,25526.472.06$12,908
Jan 201606,61227.352.36$15,633
Dec 201506,74632.362.00$13,502
Nov 201506,58038.792.17$14,261
Oct 201506,87143.552.43$16,673
Sep 201506,62442.992.76$18,272
Aug 201507,10940.162.87$20,421
Jul 201506,91848.152.95$20,374
Jun 201506,87656.152.88$19,823
May 201507,20855.212.96$21,303
Apr 201516,21349.822.71$16,866
Mar 201515,24342.892.93$15,430
Feb 201516,29544.662.98$18,780
Jan 201506,87543.433.10$21,317
Dec 201406,96954.693.59$25,028
Nov 201416,92870.464.25$29,527
Oct 201407,07778.303.90$27,607
Sep 201426,75086.164.05$27,479
Aug 201406,95889.394.04$28,076
Jul 201406,91396.564.18$28,894
Jun 201406,74898.164.74$31,964
May 201406,61694.734.73$31,271
Apr 201416,68295.944.81$32,230
Mar 201417,30595.895.06$37,036
Feb 201427,13297.406.19$44,356
Jan 201429,25690.404.86$45,172
Dec 2013014,70191.824.35$64,015
Nov 201304,00388.853.74$14,964
Oct 201303,53697.423.78$13,364
Sep 201306,545104.113.72$24,333
Aug 201306,626104.253.52$23,341
Jul 201306,882102.523.72$25,585
Jun 201316,65494.403.93$26,267
May 201306,38894.834.15$26,504
Apr 201306,41793.964.28$27,481
Mar 201306,59693.623.91$25,809
Feb 201305,79891.233.42$19,829
Jan 201304,45091.603.42$15,219
Dec 201206,21386.773.42$21,249
Nov 201206,52686.953.62$23,656
Oct 201207,04589.383.40$23,951
Sep 201207,02094.672.92$20,487
Aug 201207,45392.662.91$21,675
Jul 201207,69885.133.02$23,254
Jun 201206,84079.822.52$17,230
May 201207,12891.612.49$17,737
Apr 201206,939101.652.00$13,856
Mar 201207,351105.052.22$16,335
Feb 201206,473101.102.57$16,637
Jan 201207,23798.092.73$19,787
Dec 201107,34796.873.24$23,802
Nov 201107,33995.723.31$24,301
Oct 201107,84084.983.65$28,605
Sep 201107,73083.623.99$30,810
Aug 201107,96883.404.15$33,062
Jul 201108,22794.144.52$37,163
Jun 201108,38092.904.64$38,882
May 201108,48898.134.40$37,388
Apr 201108,201105.964.33$35,537
Mar 201108,06196.364.06$32,706
Feb 201106,87185.644.18$28,721
Jan 201107,94886.504.59$36,472
Dec 201007,95885.734.35$34,599
Nov 201005,74180.843.80$21,789
Oct 201006,68278.103.51$23,446
Sep 201008,13872.633.98$32,385
Aug 201008,71073.684.42$38,493
Jul 201008,70672.554.74$41,236
Jun 201008,39170.364.91$41,203
May 201008,97671.124.24$38,015
Apr 201008,71281.694.12$35,917
Mar 201008,88778.394.39$39,002
Feb 201008,01273.585.44$43,604
Jan 201008,07574.365.96$48,160
Dec 200908,53971.445.48$46,826
Nov 200908,76374.593.75$32,874
Oct 2009010,20972.544.11$41,962
Sep 200906,98265.543.06$21,398
Aug 200908,10667.423.22$26,089
Jul 2009010,03761.133.46$34,773
Jun 2009011,01666.163.90$42,907
May 2009011,93254.743.93$46,842
Apr 2009010,95246.773.59$39,290
Mar 200908,35142.144.06$33,897
Feb 2009011,16132.814.63$51,709
Jan 2009012,08435.865.37$64,903
Dec 2008011,80637.105.98$70,566
Nov 2008011,66655.496.86$80,033
Oct 2008012,18175.246.92$84,317
Sep 2008012,033101.767.88$94,785
Aug 2008012,788114.228.48$108,481
Jul 2008013,604131.0811.39$154,942
Jun 2008013,322131.3313.03$173,621
May 2008013,468123.1711.57$155,883
Apr 2008013,894110.3110.45$145,260
Mar 2008014,623101.909.66$141,318
Feb 2008014,04892.538.77$123,209
Jan 2008015,28590.388.21$125,425
Dec 2007015,91788.337.30$116,225
Nov 2007015,83491.677.29$115,457
Oct 2007016,20282.856.92$112,150
Sep 2007015,44675.846.24$96,447
Aug 2007014,61069.066.39$93,328
Jul 2007013,49870.906.39$86,224
Jun 200706,20562.007.55$46,838
May 200708,19158.747.85$64,269
Apr 2007016,74759.617.81$130,714
Mar 2007018,19256.927.30$132,837
Feb 2007017,68555.108.22$145,300
Jan 2007018,13950.306.73$122,018
Dec 2006017,80456.656.92$123,176
Nov 2006018,51254.207.62$141,015
Oct 2006020,51354.906.01$123,361
Sep 2006020,60060.085.04$103,766
Aug 2006019,02868.717.34$139,664
Jul 2006022,56369.376.34$143,112
Jun 2006023,07566.286.38$147,308
May 2006025,17966.016.42$161,775
Apr 2006026,03064.397.36$191,593
Mar 2006028,56056.707.08$202,288
Feb 2006027,77757.597.75$215,303
Jan 2006034,15060.598.93$305,073
Dec 2005036,69654.9413.42$492,292
Nov 2005039,59354.6910.59$419,227
Oct 2005053,82558.3413.80$742,557
Sep 200508,86961.4512.08$107,129

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                2,763 Mcf  × $  3.05 =     $8,416

────────────────────────────────────────────────────
Month total                                   $8,416

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/217140 is the state's own key, not one this site invented.