RAAM

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 218450District 09Field 65280200GasSaveExport
Value, all time
$30.0 M
Apr 2006 – May 2026
Value, last 12 filed months
$212 k
at the published price for each month
Months reported
242
no gaps in the span
Streams
1
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
GasProduction5,470,819 Mcf$29,953,661
Total$29,953,661

Every month this lease reported (242)

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

242 months

May 20265,255106.413.05$16,006
Apr 20264,64298.932.87$13,321
Mar 20264,99689.753.15$15,735
Feb 20264,41863.503.75$16,569
Jan 20265,05059.138.00$40,390
Dec 20254,57456.664.41$20,187
Nov 20254,23858.593.93$16,640
Oct 20254,79659.383.30$15,850
Sep 20253,62362.743.08$11,148
Aug 20254,89663.933.01$14,760
Jul 20255,00866.743.32$16,603
Jun 20254,69766.483.13$14,696
May 20255,06160.553.23$16,359
Apr 20254,61362.363.54$16,344
Mar 20254,91267.704.27$20,966
Feb 20254,93470.884.34$21,418
Jan 20255,05174.324.28$21,612
Dec 20245,01968.993.12$15,666
Nov 20245,03969.052.20$11,078
Oct 20245,38871.372.28$12,292
Sep 20245,25269.612.36$12,418
Aug 20245,49475.632.06$11,338
Jul 20245,60679.932.15$12,034
Jun 20245,20578.082.63$13,710
May 20245,54378.812.20$12,186
Apr 20245,36684.451.66$8,903
Mar 20245,67580.301.55$8,769
Feb 20245,32276.091.78$9,493
Jan 20245,75273.023.30$18,968
Dec 20236,08071.262.61$15,873
Nov 20236,14877.892.81$17,261
Oct 20234,58885.443.09$14,164
Sep 20235,78689.042.74$15,825
Aug 20236,14480.522.67$16,422
Jul 20236,20774.852.64$16,398
Jun 20236,11668.962.26$13,813
May 20236,34570.622.23$14,133
Apr 20236,32778.122.24$14,158
Mar 20235,82472.852.39$13,938
Feb 20234,77375.112.47$11,769
Jan 20236,07976.533.39$20,594
Dec 20226,07376.415.73$34,793
Nov 20225,93485.005.65$33,505
Oct 20226,24587.185.86$36,619
Sep 20225,48284.888.16$44,753
Aug 20226,24094.529.13$56,953
Jul 20226,309101.587.54$47,583
Jun 20226,163115.097.98$49,163
May 20226,249109.378.43$52,698
Apr 20226,473104.226.84$44,260
Mar 20226,439108.885.08$32,687
Feb 20226,08091.054.86$29,542
Jan 20226,82681.844.54$30,974
Dec 20216,83271.323.90$26,639
Nov 20216,63177.435.24$34,726
Oct 20216,90479.795.71$39,449
Sep 20216,75469.865.35$36,140
Aug 20216,98466.024.22$29,477
Jul 20217,00870.783.98$27,906
Jun 20216,96069.493.38$23,529
May 20217,30763.483.02$22,050
Apr 20217,22260.362.76$19,921
Mar 20217,90961.302.72$21,488
Feb 20215,22957.805.55$29,010
Jan 20217,11650.412.81$19,998
Dec 20207,25844.642.68$19,418
Nov 20207,75538.772.71$20,989
Oct 20208,07536.972.48$20,013
Sep 20207,87137.091.99$15,671
Aug 20208,11239.982.39$19,348
Jul 20208,04538.371.83$14,683
Jun 20207,86234.901.69$13,289
May 20208,08116.921.81$14,665
Apr 20207,98714.751.80$14,412
Mar 20208,23730.341.86$15,290
Feb 20207,52949.881.98$14,912
Jan 20207,09857.252.09$14,868
Dec 20197,57659.012.30$17,458
Nov 20197,60455.302.75$20,916
Oct 20198,00553.472.42$19,360
Sep 20197,64155.052.66$20,304
Aug 20197,96253.112.30$18,347
Jul 20197,74956.272.46$19,063
Jun 20197,44552.782.49$18,547
May 20197,71058.482.74$21,128
Apr 20197,67062.632.75$21,098
Mar 20197,81656.803.06$23,933
Feb 20197,19050.852.79$20,076
Jan 20198,46446.033.23$27,323
Dec 20187,83746.594.19$32,801
Nov 20187,54752.934.24$31,978
Oct 20187,57261.443.40$25,730
Sep 20187,50559.543.11$23,326
Aug 20187,96659.403.07$24,428
Jul 20188,19065.142.93$24,012
Jun 20188,06660.183.08$24,818
May 20189,35565.382.90$27,137
Apr 20188,57063.842.90$24,860
Mar 20189,27561.222.79$25,848
Feb 20188,45461.782.77$23,385
Jan 20189,60762.874.01$38,518
Dec 20179,85757.272.92$28,797
Nov 20179,62855.423.12$30,024
Oct 201711,22049.292.98$33,477
Sep 20177,51747.523.09$23,207
Aug 201710,03745.373.00$30,155
Jul 201710,21443.873.09$31,533
Jun 201710,03442.493.09$30,978
May 201710,49145.373.26$34,236
Apr 201710,38747.933.21$33,359
Mar 201710,87346.772.98$32,442
Feb 20179,87650.452.95$29,160
Jan 201711,08249.413.42$37,887
Dec 201611,36948.763.72$42,325
Nov 201610,54742.492.64$27,890
Oct 201610,97946.193.09$33,928
Sep 201610,69741.553.10$33,167
Aug 201611,38141.442.92$33,282
Jul 201611,66041.622.92$34,098
Jun 201611,19145.352.69$30,057
May 201611,68042.521.99$23,255
Apr 201611,41536.561.99$22,728
Mar 201612,15733.011.79$21,810
Feb 201611,50126.472.06$23,734
Jan 201612,63927.352.36$29,883
Dec 201512,38432.362.00$24,785
Nov 201512,67538.792.17$27,471
Oct 201512,98743.552.43$31,514
Sep 201512,60842.992.76$34,778
Aug 201513,26440.162.87$38,101
Jul 201513,39348.152.95$39,443
Jun 201512,84056.152.88$37,016
May 201513,12155.212.96$38,778
Apr 201513,04849.822.71$35,315
Mar 201513,54642.892.93$39,754
Feb 201512,04544.662.98$35,848
Jan 201513,44443.433.10$41,685
Dec 201413,75854.693.59$49,410
Nov 201413,91670.464.25$59,169
Oct 201414,72778.303.90$57,449
Sep 201414,37286.164.05$58,141
Aug 201415,01889.394.04$60,599
Jul 201414,84996.564.18$62,063
Jun 201414,61698.164.74$69,234
May 201415,41094.734.73$72,836
Apr 201414,38595.944.81$69,179
Mar 201415,93695.895.06$80,585
Feb 201414,88997.406.19$92,193
Jan 201416,85390.404.86$81,918
Dec 201316,94191.824.35$73,769
Nov 201316,17288.853.74$60,455
Oct 201317,43997.423.78$65,908
Sep 201317,587104.113.72$65,384
Aug 201317,819104.253.52$62,769
Jul 201317,484102.523.72$65,001
Jun 201317,03094.403.93$66,986
May 201317,90194.834.15$74,273
Apr 201317,83993.964.28$76,397
Mar 201318,57193.623.91$72,666
Feb 201317,69191.233.42$60,502
Jan 201319,59791.603.42$67,020
Dec 201218,88586.773.42$64,590
Nov 201218,53186.953.62$67,174
Oct 201219,35389.383.40$65,794
Sep 201216,70694.672.92$48,755
Aug 201219,35892.662.91$56,296
Jul 201219,91185.133.02$60,147
Jun 201219,24579.822.52$48,479
May 201219,94791.612.49$49,635
Apr 201220,055101.652.00$40,046
Mar 201221,556105.052.22$47,899
Feb 201221,065101.102.57$54,142
Jan 201221,96198.092.73$60,043
Dec 201122,45696.873.24$72,752
Nov 201121,69895.723.31$71,848
Oct 201123,12984.983.65$84,387
Sep 201121,73683.623.99$86,635
Aug 201122,81483.404.15$94,663
Jul 201123,13594.144.52$104,506
Jun 201122,06792.904.64$102,388
May 201125,04298.134.40$110,306
Apr 201123,847105.964.33$103,336
Mar 201125,09196.364.06$101,803
Feb 201123,17585.644.18$96,871
Jan 201127,06086.504.59$124,172
Dec 201026,87685.734.35$116,850
Nov 201027,02080.843.80$102,550
Oct 201027,53178.103.51$96,603
Sep 201026,76372.633.98$106,503
Aug 201028,25773.684.42$124,878
Jul 201030,38972.554.74$143,937
Jun 201029,89070.364.91$146,772
May 201031,40071.124.24$132,986
Apr 2010081.694.12$0
Mar 201031,84278.394.39$139,744
Feb 201029,29873.585.44$159,450
Jan 201032,71774.365.96$195,127
Dec 200933,42771.445.48$183,305
Nov 200932,90174.593.75$123,428
Oct 200934,87972.544.11$143,361
Sep 200935,51265.543.06$108,835
Aug 200937,31867.423.22$120,108
Jul 200937,65161.133.46$130,442
Jun 200936,12966.163.90$140,722
May 200938,24154.743.93$150,125
Apr 200938,70446.773.59$138,851
Mar 200940,72942.144.06$165,319
Feb 200938,13232.814.63$176,666
Jan 200944,84935.865.37$240,884
Dec 200845,19737.105.98$270,149
Nov 200844,42455.496.86$304,765
Oct 200847,59175.246.92$329,424
Sep 200860,316101.767.88$475,115
Aug 200811,864114.228.48$100,643
Jul 200845,652131.0811.39$519,950
Jun 200847,632131.3313.03$620,770
May 200831,407123.1711.57$363,514
Apr 200849,211110.3110.45$514,494
Mar 200853,007101.909.66$512,263
Feb 200851,80992.538.77$454,395
Jan 200855,44390.388.21$454,950
Dec 200758,70388.337.30$428,648
Nov 200760,07091.677.29$438,012
Oct 200765,17882.856.92$451,161
Sep 200765,22275.846.24$407,257
Aug 200770,25269.066.39$448,766
Jul 200773,14970.906.39$467,271
Jun 200774,05062.007.55$558,963
May 200780,78358.747.85$633,846
Apr 200782,23659.617.81$641,868
Mar 200793,20556.927.30$680,580
Feb 200788,63555.108.22$728,225
Jan 2007102,92550.306.73$692,361
Dec 2006111,65956.656.92$772,506
Nov 2006123,21354.207.62$938,573
Oct 2006123,67154.906.01$743,733
Sep 2006102,19860.085.04$514,792
Aug 2006116,12168.717.34$852,319
Jul 2006144,21269.376.34$914,702
Jun 2006163,15466.286.38$1,041,556
May 2006222,36766.016.42$1,428,708
Apr 2006153,50164.397.36$1,129,841

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
Gas                5,255 Mcf  × $  3.05 =    $16,006

────────────────────────────────────────────────────
Month total                                  $16,006

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/218450 is the state's own key, not one this site invented.