SCHULTZ "A"

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 220174District 09Field 65280200CondensateGasSaveExport
Value, all time
$13.6 M
May 2006 – May 2026
Value, last 12 filed months
$227 k
at the published price for each month
Months reported
241
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
CondensateDisposition28 bbl$1,676
GasProduction2,873,268 Mcf$13,587,232
Total$13,588,908

Every month this lease reported (241)

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

241 months

May 202604,846106.413.05$14,760
Apr 202615,29998.932.87$15,306
Mar 202605,16989.753.15$16,279
Feb 202604,78463.503.75$17,942
Jan 202605,50359.138.00$44,013
Dec 202505,07456.664.41$22,393
Nov 202505,27958.593.93$20,728
Oct 202505,43259.383.30$17,952
Sep 202504,44962.743.08$13,689
Aug 202503,77763.933.01$11,387
Jul 202505,43566.743.32$18,018
Jun 202504,67866.483.13$14,636
May 202506,98760.553.23$22,584
Apr 202515,01962.363.54$17,845
Mar 202515,39867.704.27$23,108
Feb 202506,66370.884.34$28,923
Jan 202507,50774.324.28$32,120
Dec 202407,49968.993.12$23,407
Nov 202407,30869.052.20$16,066
Oct 202407,19671.372.28$16,417
Sep 202407,39969.612.36$17,494
Aug 20241075.632.06$76
Jul 202407,22079.932.15$15,498
Jun 202406,90178.082.63$18,177
May 202407,14478.812.20$15,706
Apr 202406,76284.451.66$11,220
Mar 202407,03680.301.55$10,872
Feb 202406,53376.091.78$11,653
Jan 202406,84273.023.30$22,563
Dec 202306,90871.262.61$18,035
Nov 202306,90277.892.81$19,378
Oct 202307,28985.443.09$22,503
Sep 202306,86489.042.74$18,773
Aug 202307,12180.522.67$19,034
Jul 202307,33574.852.64$19,378
Jun 202306,92468.962.26$15,638
May 202306,48170.622.23$14,436
Apr 202306,70678.122.24$15,006
Mar 202307,01072.852.39$16,776
Feb 202306,10575.112.47$15,053
Jan 202306,78276.533.39$22,976
Dec 202206,75076.415.73$38,671
Nov 202206,78285.005.65$38,293
Oct 202206,94187.185.86$40,700
Sep 202206,80184.888.16$55,521
Aug 202207,02794.529.13$64,137
Jul 202207,206101.587.54$54,348
Jun 202206,839115.097.98$54,556
May 202207,041109.378.43$59,377
Apr 202216,881104.226.84$47,154
Mar 202207,078108.885.08$35,931
Feb 202206,22891.054.86$30,261
Jan 202206,96081.844.54$31,582
Dec 202107,04671.323.90$27,473
Nov 202107,10377.435.24$37,197
Oct 202106,89279.795.71$39,380
Sep 202106,27169.865.35$33,556
Aug 202106,96966.024.22$29,413
Jul 202106,56970.783.98$26,158
Jun 202106,18369.493.38$20,902
May 202106,71363.483.02$20,258
Apr 202106,14260.362.76$16,942
Mar 202105,05361.302.72$13,729
Feb 202104,65557.805.55$25,826
Jan 202106,88850.412.81$19,357
Dec 202007,07744.642.68$18,934
Nov 202006,65538.772.71$18,012
Oct 202006,74636.972.48$16,719
Sep 202006,64237.091.99$13,224
Aug 202006,94139.982.39$16,555
Jul 202006,81038.371.83$12,429
Jun 202006,54834.901.69$11,068
May 202006,74816.921.81$12,246
Apr 202006,55214.751.80$11,822
Mar 202006,84730.341.86$12,710
Feb 202006,48549.881.98$12,845
Jan 202006,92457.252.09$14,504
Dec 201907,01659.012.30$16,167
Nov 201906,55955.302.75$18,042
Oct 201917,24853.472.42$17,583
Sep 201907,05255.052.66$18,739
Aug 201907,29653.112.30$16,813
Jul 201907,46756.272.46$18,369
Jun 201907,04052.782.49$17,538
May 201917,07358.482.74$19,441
Apr 201917,32062.632.75$20,198
Mar 201917,55756.803.06$23,197
Feb 201906,49550.852.79$18,135
Jan 201917,40746.033.23$23,957
Dec 201827,35546.594.19$30,877
Nov 201817,07152.934.24$30,014
Oct 201817,45661.443.40$25,398
Sep 201817,28859.543.11$22,711
Aug 201807,91159.403.07$24,260
Jul 201817,49865.142.93$22,048
Jun 201807,33660.183.08$22,572
May 201817,72465.382.90$22,471
Apr 201817,68463.842.90$22,354
Mar 201817,92461.222.79$22,144
Feb 201817,09761.782.77$19,693
Jan 201818,07962.874.01$32,454
Dec 201718,05857.272.92$23,599
Nov 201717,44855.423.12$23,281
Oct 201718,26049.292.98$24,694
Sep 201717,75847.523.09$23,999
Aug 201707,89745.373.00$23,726
Jul 201717,91043.873.09$24,464
Jun 201717,70442.493.09$23,827
May 201708,00945.373.26$26,137
Apr 201707,81647.933.21$25,102
Mar 201718,36846.772.98$25,014
Feb 201707,56450.452.95$22,333
Jan 201708,66049.413.42$29,607
Dec 201608,29648.763.72$30,885
Nov 201608,21442.492.64$21,721
Oct 201608,49146.193.09$26,239
Sep 201608,39741.553.10$26,036
Aug 201608,57041.442.92$25,062
Jul 201608,63141.622.92$25,240
Jun 201608,47645.352.69$22,765
May 201608,77742.521.99$17,475
Apr 201608,52036.561.99$16,964
Mar 201608,94833.011.79$16,053
Feb 201608,60126.472.06$17,749
Jan 201609,46327.352.36$22,374
Dec 2015010,27532.362.00$20,564
Nov 201509,32338.792.17$20,206
Oct 201509,14443.552.43$22,189
Sep 201509,02642.992.76$24,898
Aug 201509,73340.162.87$27,958
Jul 2015010,05248.152.95$29,604
Jun 201509,84056.152.88$28,367
May 201509,49855.212.96$28,071
Apr 201509,10049.822.71$24,630
Mar 201509,26742.892.93$27,196
Feb 201508,49744.662.98$25,289
Jan 201509,41943.433.10$29,205
Dec 2014010,06854.693.59$36,158
Nov 201409,48970.464.25$40,346
Oct 201409,85278.303.90$38,432
Sep 201409,85586.164.05$39,868
Aug 2014011,05189.394.04$44,592
Jul 2014010,28096.564.18$42,966
Jun 2014010,42198.164.74$49,363
May 2014010,68994.734.73$50,522
Apr 2014010,66795.944.81$51,299
Mar 2014010,93595.895.06$55,296
Feb 2014010,04597.406.19$62,199
Jan 2014011,26990.404.86$54,775
Dec 2013011,31691.824.35$49,275
Nov 2013012,08688.853.74$45,181
Oct 2013012,06197.423.78$45,583
Sep 2013010,681104.113.72$39,709
Aug 2013011,155104.253.52$39,295
Jul 2013011,112102.523.72$41,312
Jun 2013010,76894.403.93$42,355
May 2013011,74294.834.15$48,719
Apr 2013011,56293.964.28$49,515
Mar 2013013,21493.623.91$51,705
Feb 2013012,49991.233.42$42,745
Jan 2013013,53791.603.42$46,295
Dec 2012012,44086.773.42$42,547
Nov 2012011,29586.953.62$40,944
Oct 2012012,34589.383.40$41,969
Sep 2012010,93694.672.92$31,916
Aug 2012011,98592.662.91$34,854
Jul 2012012,19585.133.02$36,839
Jun 2012012,04579.822.52$30,342
May 2012013,28191.612.49$33,047
Apr 2012012,256101.652.00$24,473
Mar 2012011,976105.052.22$26,612
Feb 2012012,372101.102.57$31,799
Jan 2012013,65498.092.73$37,331
Dec 2011014,86896.873.24$48,168
Nov 2011014,08695.723.31$46,643
Oct 2011013,37984.983.65$48,814
Sep 2011013,53583.623.99$53,948
Aug 2011013,74683.404.15$57,037
Jul 2011013,98694.144.52$63,178
Jun 2011013,12292.904.64$60,885
May 2011014,57198.134.40$64,183
Apr 2011014,249105.964.33$61,745
Mar 2011015,13896.364.06$61,420
Feb 2011014,93085.644.18$62,407
Jan 2011015,39586.504.59$70,644
Dec 2010014,63285.734.35$63,616
Nov 201003,98180.843.80$15,109
Oct 2010014,07278.103.51$49,377
Sep 2010018,56072.633.98$73,859
Aug 2010019,14273.684.42$84,595
Jul 2010016,46572.554.74$77,986
Jun 2010017,89770.364.91$87,881
May 2010013,60171.124.24$57,603
Apr 2010011,30981.694.12$46,624
Mar 2010015,39178.394.39$67,546
Feb 2010011,95873.585.44$65,080
Jan 2010018,70074.365.96$111,528
Dec 2009018,87471.445.48$103,500
Nov 2009015,37874.593.75$57,691
Oct 2009017,95672.544.11$73,804
Sep 2009017,44565.543.06$53,465
Aug 2009019,00967.423.22$61,180
Jul 2009019,30061.133.46$66,865
Jun 2009019,41566.163.90$75,621
May 2009020,82154.743.93$81,738
Apr 2009020,12946.773.59$72,213
Mar 2009021,45042.144.06$87,066
Feb 2009018,67232.814.63$86,507
Jan 2009022,73635.865.37$122,115
Dec 2008022,80137.105.98$136,285
Nov 2008019,52255.496.86$133,928
Oct 2008017,33675.246.92$119,999
Sep 200804,473101.767.88$35,234
Aug 20080294114.228.48$2,494
Jul 2008015,751131.0811.39$179,395
Jun 200806,488131.3313.03$84,556
May 200806,988123.1711.57$80,881
Apr 2008024,865110.3110.45$259,960
Mar 2008019,743101.909.66$190,798
Feb 2008018,77392.538.77$164,650
Jan 2008022,69690.388.21$186,237
Dec 2007019,25588.337.30$140,599
Nov 2007026,31591.677.29$191,881
Oct 2007024,02682.856.92$166,307
Sep 2007028,35875.846.24$177,072
Aug 2007027,57969.066.39$176,173
Jul 2007028,13470.906.39$179,718
Jun 2007016,69262.007.55$125,999
May 2007023,78358.747.85$186,608
Apr 2007022,79859.617.81$177,943
Mar 2007013,34056.927.30$97,408
Feb 2007030,83655.108.22$253,349
Jan 2007037,33550.306.73$251,147
Dec 2006040,34456.656.92$279,118
Nov 2006041,20154.207.62$313,848
Oct 2006045,35854.906.01$272,774
Sep 2006047,76060.085.04$240,577
Aug 2006051,49468.717.34$377,962
Jul 2006060,04069.376.34$380,819
Jun 2006066,66566.286.38$425,581
May 2006071,67166.016.42$460,486

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                4,846 Mcf  × $  3.05 =    $14,760

────────────────────────────────────────────────────
Month total                                  $14,760

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/220174 is the state's own key, not one this site invented.