PALMER

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 219994District 09Field 65280200CondensateGasSaveExport
Value, all time
$9.5 M
Apr 2006 – May 2026
Value, last 12 filed months
$0
at the published price for each month
Months reported
242
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
CondensateDisposition8 bbl$413
GasProduction1,734,647 Mcf$9,495,244
Total$9,495,656

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 202600106.413.05$0
Apr 20260098.932.87$0
Mar 20260089.753.15$0
Feb 20260063.503.75$0
Jan 20260059.138.00$0
Dec 20250056.664.41$0
Nov 20250058.593.93$0
Oct 20250059.383.30$0
Sep 20250062.743.08$0
Aug 20250063.933.01$0
Jul 20250066.743.32$0
Jun 20250066.483.13$0
May 20250060.553.23$0
Apr 20250062.363.54$0
Mar 20250067.704.27$0
Feb 20250070.884.34$0
Jan 20250074.324.28$0
Dec 20240068.993.12$0
Nov 20240069.052.20$0
Oct 20240071.372.28$0
Sep 20240069.612.36$0
Aug 20240075.632.06$0
Jul 20240079.932.15$0
Jun 20240078.082.63$0
May 20240078.812.20$0
Apr 20240084.451.66$0
Mar 20240080.301.55$0
Feb 20240076.091.78$0
Jan 20240073.023.30$0
Dec 20230071.262.61$0
Nov 20230077.892.81$0
Oct 20230085.443.09$0
Sep 20230089.042.74$0
Aug 20230080.522.67$0
Jul 20230074.852.64$0
Jun 20230068.962.26$0
May 20230070.622.23$0
Apr 20230078.122.24$0
Mar 20230072.852.39$0
Feb 20230075.112.47$0
Jan 20230076.533.39$0
Dec 20220076.415.73$0
Nov 20220085.005.65$0
Oct 20220087.185.86$0
Sep 20220084.888.16$0
Aug 20220094.529.13$0
Jul 202200101.587.54$0
Jun 202200115.097.98$0
May 202200109.378.43$0
Apr 202200104.226.84$0
Mar 202200108.885.08$0
Feb 20220091.054.86$0
Jan 20220081.844.54$0
Dec 20210071.323.90$0
Nov 20210077.435.24$0
Oct 20210079.795.71$0
Sep 20210669.865.35$32
Aug 20210066.024.22$0
Jul 20210070.783.98$0
Jun 202101,66469.493.38$5,625
May 202103,54463.483.02$10,695
Apr 202103,40360.362.76$9,387
Mar 202103,64261.302.72$9,895
Feb 202103,06557.805.55$17,004
Jan 202103,63650.412.81$10,218
Dec 202003,47044.642.68$9,284
Nov 202003,87238.772.71$10,480
Oct 202004,13936.972.48$10,258
Sep 202004,02637.091.99$8,016
Aug 202003,88639.982.39$9,269
Jul 202003,98738.371.83$7,277
Jun 202004,00534.901.69$6,770
May 202004,26416.921.81$7,738
Apr 202003,42814.751.80$6,185
Mar 202003,98430.341.86$7,395
Feb 202003,62849.881.98$7,186
Jan 202003,85957.252.09$8,084
Dec 201903,79659.012.30$8,747
Nov 201903,60555.302.75$9,916
Oct 201903,47453.472.42$8,402
Sep 201903,51055.052.66$9,327
Aug 201903,71153.112.30$8,551
Jul 201903,76156.272.46$9,252
Jun 201903,46752.782.49$8,637
May 201903,51658.482.74$9,635
Apr 201903,23262.632.75$8,890
Mar 201903,06156.803.06$9,373
Feb 201902,52850.852.79$7,059
Jan 201903,86746.033.23$12,483
Dec 201813,62646.594.19$15,223
Nov 201804,07352.934.24$17,258
Oct 201804,23661.443.40$14,394
Sep 201804,10659.543.11$12,761
Aug 201804,03359.403.07$12,367
Jul 201814,14465.142.93$12,215
Jun 201804,04560.183.08$12,446
May 201814,32665.382.90$12,614
Apr 201804,15663.842.90$12,056
Mar 201804,25161.222.79$11,847
Feb 201803,62961.782.77$10,038
Jan 201803,70162.874.01$14,838
Dec 201703,97057.272.92$11,598
Nov 201703,92255.423.12$12,230
Oct 201704,05149.292.98$12,087
Sep 201713,55547.523.09$11,023
Aug 201703,91845.373.00$11,771
Jul 201703,77743.873.09$11,661
Jun 201714,05842.493.09$12,571
May 201704,23845.373.26$13,830
Apr 201704,19547.933.21$13,473
Mar 201714,42246.772.98$13,241
Feb 201703,85750.452.95$11,388
Jan 201724,39549.413.42$15,124
Dec 201604,45948.763.72$16,600
Nov 201604,15942.492.64$10,998
Oct 201604,93146.193.09$15,238
Sep 201605,29141.553.10$16,405
Aug 201605,62241.442.92$16,441
Jul 201605,43041.622.92$15,879
Jun 201605,22345.352.69$14,028
May 201605,60342.521.99$11,156
Apr 201604,71036.561.99$9,378
Mar 201604,67633.011.79$8,389
Feb 201604,70226.472.06$9,703
Jan 201605,26227.352.36$12,441
Dec 201505,20332.362.00$10,413
Nov 201505,73338.792.17$12,425
Oct 201506,33943.552.43$15,382
Sep 201505,88042.992.76$16,220
Aug 201506,05840.162.87$17,402
Jul 201505,74348.152.95$16,914
Jun 201505,55656.152.88$16,017
May 201505,29855.212.96$15,658
Apr 201505,60049.822.71$15,157
Mar 201504,45942.892.93$13,086
Feb 201504,07044.662.98$12,113
Jan 201505,26343.433.10$16,319
Dec 201405,27454.693.59$18,941
Nov 201404,95870.464.25$21,081
Oct 201405,31778.303.90$20,741
Sep 201405,36886.164.05$21,716
Aug 201405,36789.394.04$21,656
Jul 201404,92796.564.18$20,593
Jun 201405,22998.164.74$24,769
May 201405,76894.734.73$27,263
Apr 201405,53295.944.81$26,604
Mar 201405,77195.895.06$29,183
Feb 201405,43697.406.19$33,660
Jan 201406,00090.404.86$29,164
Dec 201306,39491.824.35$27,843
Nov 201306,32088.853.74$23,626
Oct 201306,58797.423.78$24,895
Sep 201306,000104.113.72$22,306
Aug 201306,484104.253.52$22,841
Jul 201305,738102.523.72$21,332
Jun 201305,54294.403.93$21,799
May 201305,50294.834.15$22,828
Apr 201306,03893.964.28$25,858
Mar 201306,64393.623.91$25,993
Feb 201305,80891.233.42$19,863
Jan 201305,93391.603.42$20,290
Dec 201206,48786.773.42$22,187
Nov 201206,01686.953.62$21,808
Oct 201206,77989.383.40$23,046
Sep 201206,20694.672.92$18,112
Aug 201206,66592.662.91$19,383
Jul 201206,21285.133.02$18,765
Jun 201206,26979.822.52$15,792
May 201206,37691.612.49$15,866
Apr 201205,505101.652.00$10,992
Mar 201203,572105.052.22$7,937
Feb 201206,092101.102.57$15,658
Jan 201207,38198.092.73$20,180
Dec 201101,22196.873.24$3,956
Nov 20110095.723.31$0
Oct 20110084.983.65$0
Sep 20110083.623.99$0
Aug 201101,65083.404.15$6,846
Jul 201105,63894.144.52$25,468
Jun 201104,81592.904.64$22,341
May 201106,57398.134.40$28,953
Apr 201106,082105.964.33$26,355
Mar 201106,94896.364.06$28,190
Feb 201106,05685.644.18$25,314
Jan 201106,79086.504.59$31,158
Dec 201002,65485.734.35$11,539
Nov 201004,53380.843.80$17,204
Oct 2010021278.103.51$744
Sep 201004,85972.633.98$19,336
Aug 201007,38873.684.42$32,650
Jul 2010097872.554.74$4,632
Jun 201006,76670.364.91$33,224
May 2010010,26971.124.24$43,491
Apr 201009,38481.694.12$38,687
Mar 2010011,26978.394.39$49,456
Feb 2010011,24173.585.44$61,178
Jan 2010012,35574.365.96$73,686
Dec 2009012,14971.445.48$66,622
Nov 2009012,34374.593.75$46,305
Oct 2009013,07472.544.11$53,737
Sep 2009012,57165.543.06$38,527
Aug 2009012,08867.423.22$38,905
Jul 2009013,61961.133.46$47,183
Jun 2009013,40066.163.90$52,193
May 2009014,82154.743.93$58,184
Apr 2009015,21146.773.59$54,569
Mar 2009016,83542.144.06$68,333
Feb 2009016,40832.814.63$76,018
Jan 2009018,82135.865.37$101,088
Dec 2008019,80137.105.98$118,353
Nov 2008019,69955.496.86$135,142
Oct 2008019,28975.246.92$133,518
Sep 2008017,091101.767.88$134,627
Aug 2008015,053114.228.48$127,695
Jul 2008019,424131.0811.39$221,228
Jun 2008019,370131.3313.03$252,442
May 2008021,643123.1711.57$250,502
Apr 200807,232110.3110.45$75,610
Mar 200804,052101.909.66$39,159
Feb 2008017,08592.538.77$149,845
Jan 2008017,98590.388.21$147,580
Dec 2007013,26688.337.30$96,868
Nov 200709,61291.677.29$70,088
Oct 2007013,89782.856.92$96,195
Sep 2007013,63975.846.24$85,164
Aug 2007022,59269.066.39$144,316
Jul 2007026,48570.906.39$169,185
Jun 2007024,52062.007.55$185,088
May 2007027,21958.747.85$213,568
Apr 2007027,90959.617.81$217,835
Mar 2007030,28356.927.30$221,126
Feb 2007028,12255.108.22$231,050
Jan 2007032,97950.306.73$221,845
Dec 2006036,23956.656.92$250,717
Nov 2006037,49454.207.62$285,610
Oct 2006042,73854.906.01$257,018
Sep 2006045,44460.085.04$228,911
Aug 2006053,05068.717.34$389,383
Jul 2006065,26969.376.34$413,986
Jun 2006037,18866.286.38$237,404
May 20060101,22566.016.42$650,371
Apr 200608,24664.397.36$60,695

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.

Sep 2021 — as filed, then multipliedworked
Condensate             0 bbl  × $ 69.86 =         $0
Gas                    6 Mcf  × $  5.35 =        $32

────────────────────────────────────────────────────
Month total                                      $32

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/219994 is the state's own key, not one this site invented.