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 221588District 09Field 65280200CondensateGasSaveExport
Value, all time
$12.9 M
Apr 2006 – May 2026
Value, last 12 filed months
$323 k
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
CondensateDisposition1 bbl$47
GasProduction2,748,329 Mcf$12,880,260
Total$12,880,307

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 202607,260106.413.05$22,113
Apr 202607,06998.932.87$20,286
Mar 202607,08389.753.15$22,307
Feb 202606,62763.503.75$24,853
Jan 202607,55359.138.00$60,408
Dec 202507,24556.664.41$31,975
Nov 202507,02958.593.93$27,599
Oct 202507,36759.383.30$24,347
Sep 202507,17262.743.08$22,068
Aug 202507,28963.933.01$21,975
Jul 202507,28966.743.32$24,164
Jun 202506,83366.483.13$21,379
May 202507,03860.553.23$22,749
Apr 202506,88962.363.54$24,409
Mar 202507,15467.704.27$30,536
Feb 202506,50170.884.34$28,220
Jan 202507,13674.324.28$30,533
Dec 202407,07268.993.12$22,074
Nov 202406,87869.052.20$15,121
Oct 202407,09471.372.28$16,184
Sep 202406,94569.612.36$16,420
Aug 20240075.632.06$0
Jul 202407,31079.932.15$15,692
Jun 202407,08078.082.63$18,649
May 202407,23478.812.20$15,904
Apr 202406,87484.451.66$11,405
Mar 202407,03680.301.55$10,872
Feb 202406,52876.091.78$11,644
Jan 202407,20373.023.30$23,753
Dec 202307,51671.262.61$19,622
Nov 202307,50377.892.81$21,065
Oct 202307,85885.443.09$24,260
Sep 202307,64589.042.74$20,909
Aug 202307,93880.522.67$21,217
Jul 202307,95374.852.64$21,010
Jun 202307,68368.962.26$17,352
May 202307,93870.622.23$17,681
Apr 202307,57278.122.24$16,944
Mar 202307,81772.852.39$18,707
Feb 202306,87575.112.47$16,952
Jan 202307,97776.533.39$27,024
Dec 202207,51376.415.73$43,043
Nov 202207,63185.005.65$43,086
Oct 202207,89087.185.86$46,265
Sep 202207,65984.888.16$62,526
Aug 202207,85194.529.13$71,657
Jul 202207,837101.587.54$59,107
Jun 202207,640115.097.98$60,946
May 202207,804109.378.43$65,811
Apr 202207,683104.226.84$52,533
Mar 202207,989108.885.08$40,555
Feb 202207,25391.054.86$35,241
Jan 202208,10181.844.54$36,760
Dec 202108,03571.323.90$31,329
Nov 202107,80577.435.24$40,874
Oct 202108,08379.795.71$46,185
Sep 202107,47469.865.35$39,993
Aug 202108,10966.024.22$34,225
Jul 202108,01670.783.98$31,920
Jun 202107,07769.493.38$23,925
May 202106,66963.483.02$20,125
Apr 202106,41760.362.76$17,701
Mar 202106,42361.302.72$17,451
Feb 202105,13957.805.55$28,511
Jan 202106,61750.412.81$18,596
Dec 202006,55144.642.68$17,527
Nov 202006,37438.772.71$17,252
Oct 202006,65336.972.48$16,489
Sep 202006,59337.091.99$13,127
Aug 202006,90639.982.39$16,472
Jul 202007,01338.371.83$12,800
Jun 202006,77834.901.69$11,457
May 202007,16116.921.81$12,995
Apr 202007,09614.751.80$12,804
Mar 202007,20630.341.86$13,376
Feb 202006,69449.881.98$13,259
Jan 202007,12357.252.09$14,921
Dec 201907,08759.012.30$16,331
Nov 201906,76955.302.75$18,619
Oct 201906,97653.472.42$16,872
Sep 201906,72055.052.66$17,857
Aug 201907,08453.112.30$16,324
Jul 201907,01756.272.46$17,262
Jun 201906,85452.782.49$17,075
May 201907,07958.482.74$19,399
Apr 201906,86462.632.75$18,881
Mar 201907,18256.803.06$21,992
Feb 201906,57550.852.79$18,359
Jan 201907,15246.033.23$23,088
Dec 201817,21146.594.19$30,228
Nov 201807,16252.934.24$30,347
Oct 201807,43161.443.40$25,251
Sep 201807,12859.543.11$22,154
Aug 201807,32259.403.07$22,453
Jul 201807,41665.142.93$21,743
Jun 201806,98760.183.08$21,498
May 201807,46965.382.90$21,666
Apr 201807,43363.842.90$21,562
Mar 201807,68661.222.79$21,420
Feb 201807,10261.782.77$19,645
Jan 201807,97262.874.01$31,962
Dec 201707,74057.272.92$22,613
Nov 201707,70455.423.12$24,024
Oct 201707,64749.292.98$22,816
Sep 201707,64047.523.09$23,587
Aug 201707,88745.373.00$23,696
Jul 201707,98843.873.09$24,661
Jun 201707,56042.493.09$23,340
May 201707,88145.373.26$25,719
Apr 201707,64247.933.21$24,543
Mar 201707,57346.772.98$22,595
Feb 201707,23450.452.95$21,359
Jan 201708,00849.413.42$27,378
Dec 201607,63548.763.72$28,424
Nov 201607,58842.492.64$20,065
Oct 201607,78346.193.09$24,051
Sep 201607,38341.553.10$22,892
Aug 201607,81841.442.92$22,862
Jul 201607,85041.622.92$22,956
Jun 201607,78445.352.69$20,907
May 201608,39342.521.99$16,711
Apr 201607,64036.561.99$15,212
Mar 201608,19733.011.79$14,706
Feb 201607,64026.472.06$15,766
Jan 201608,23527.352.36$19,471
Dec 201508,44932.362.00$16,910
Nov 201508,21438.792.17$17,802
Oct 201508,42843.552.43$20,451
Sep 201508,29642.992.76$22,884
Aug 201508,64240.162.87$24,824
Jul 201508,56148.152.95$25,213
Jun 201508,67156.152.88$24,997
May 201509,41355.212.96$27,820
Apr 201509,08949.822.71$24,600
Mar 201509,43242.892.93$27,680
Feb 201508,54544.662.98$25,432
Jan 201509,28243.433.10$28,780
Dec 201409,52154.693.59$34,193
Nov 201409,57070.464.25$40,690
Oct 201409,78378.303.90$38,163
Sep 201409,31886.164.05$37,695
Aug 201409,54189.394.04$38,499
Jul 201409,96496.564.18$41,646
Jun 201409,32198.164.74$44,152
May 201409,61294.734.73$45,432
Apr 201409,50595.944.81$45,711
Mar 2014010,65095.895.06$53,855
Feb 201409,49397.406.19$58,781
Jan 2014010,64090.404.86$51,718
Dec 2013010,74491.824.35$46,785
Nov 201309,79888.853.74$36,628
Oct 2013010,31997.423.78$38,999
Sep 2013010,058104.113.72$37,393
Aug 2013010,131104.253.52$35,688
Jul 2013010,364102.523.72$38,531
Jun 201309,95794.403.93$39,165
May 2013010,84094.834.15$44,976
Apr 2013010,29993.964.28$44,106
Mar 2013010,38493.623.91$40,631
Feb 201309,70491.233.42$33,187
Jan 2013011,51291.603.42$39,370
Dec 2012012,84486.773.42$43,929
Nov 2012012,81986.953.62$46,468
Oct 2012012,16789.383.40$41,364
Sep 2012012,65494.672.92$36,929
Aug 2012012,83992.662.91$37,338
Jul 2012013,31485.133.02$40,219
Jun 2012012,06679.822.52$30,395
May 2012012,14491.612.49$30,218
Apr 2012011,989101.652.00$23,940
Mar 2012014,171105.052.22$31,489
Feb 2012011,288101.102.57$29,013
Jan 2012012,80398.092.73$35,004
Dec 2011014,40596.873.24$46,668
Nov 2011014,82595.723.31$49,090
Oct 2011015,29784.983.65$55,812
Sep 2011014,76283.623.99$58,838
Aug 2011015,51983.404.15$64,393
Jul 2011014,62794.144.52$66,074
Jun 2011013,93492.904.64$64,652
May 2011014,01898.134.40$61,747
Apr 2011013,662105.964.33$59,201
Mar 2011013,67796.364.06$55,492
Feb 2011012,30885.644.18$51,447
Jan 2011013,74986.504.59$63,091
Dec 2010015,57485.734.35$67,712
Nov 2010014,63580.843.80$55,545
Oct 2010016,64178.103.51$58,391
Sep 2010014,31872.633.98$56,978
Aug 2010015,23673.684.42$67,333
Jul 2010017,61972.554.74$83,452
Jun 2010014,88870.364.91$73,106
May 2010014,70071.124.24$62,258
Apr 2010014,46681.694.12$59,639
Mar 2010014,40778.394.39$63,228
Feb 2010012,04473.585.44$65,548
Jan 2010013,36674.365.96$79,716
Dec 2009014,92571.445.48$81,845
Nov 2009015,24774.593.75$57,199
Oct 2009015,96272.544.11$65,608
Sep 2009015,58465.543.06$47,761
Aug 2009016,01467.423.22$51,541
Jul 2009017,50961.133.46$60,660
Jun 2009017,27866.163.90$67,298
May 2009017,56954.743.93$68,972
Apr 2009016,68646.773.59$59,861
Mar 2009016,16242.144.06$65,602
Feb 200909,67332.814.63$44,815
Jan 2009011,39235.865.37$61,186
Dec 200804,34137.105.98$25,947
Nov 200802,28055.496.86$15,642
Oct 200805,71875.246.92$39,580
Sep 2008013,354101.767.88$105,191
Aug 2008018,674114.228.48$158,412
Jul 2008018,939131.0811.39$215,704
Jun 2008018,418131.3313.03$240,035
May 200809,075123.1711.57$105,037
Apr 200804,041110.3110.45$42,248
Mar 200804,620101.909.66$44,648
Feb 2008018,16892.538.77$159,344
Jan 2008021,26490.388.21$174,487
Dec 2007021,39388.337.30$156,211
Nov 2007012,99391.677.29$94,741
Oct 200707,06882.856.92$48,925
Sep 2007021,58875.846.24$134,799
Aug 2007022,36969.066.39$142,892
Jul 2007018,96470.906.39$121,141
Jun 2007026,36162.007.55$198,985
May 2007026,76358.747.85$209,990
Apr 2007027,45159.617.81$214,261
Mar 2007030,00756.927.30$219,110
Feb 2007028,48655.108.22$234,041
Jan 2007033,77850.306.73$227,220
Dec 2006036,72856.656.92$254,100
Nov 2006037,30654.207.62$284,178
Oct 2006043,59954.906.01$262,196
Sep 2006046,21260.085.04$232,779
Aug 2006046,69768.717.34$342,752
Jul 2006059,89069.376.34$379,868
Jun 2006037,93766.286.38$242,185
May 2006082,04466.016.42$527,133
Apr 200602,92364.397.36$21,515

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                7,260 Mcf  × $  3.05 =    $22,113

────────────────────────────────────────────────────
Month total                                  $22,113

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/221588 is the state's own key, not one this site invented.