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 65280200GasSave
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

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.