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 221592District 09Field 65280200CondensateGasSaveExport
Value, all time
$11.1 M
Apr 2006 – May 2026
Value, last 12 filed months
$1 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
GasProduction2,018,315 Mcf$11,107,477
Total$11,107,523

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 202502362.743.08$71
Aug 2025011763.933.01$353
Jul 2025012566.743.32$414
Jun 2025012866.483.13$400
May 2025013760.553.23$443
Apr 2025016262.363.54$574
Mar 2025018467.704.27$785
Feb 2025020670.884.34$894
Jan 2025033474.324.28$1,429
Dec 2024071168.993.12$2,219
Nov 2024066069.052.20$1,451
Oct 2024038371.372.28$874
Sep 2024040069.612.36$946
Aug 20240075.632.06$0
Jul 2024054579.932.15$1,170
Jun 2024073778.082.63$1,941
May 202401,02478.812.20$2,251
Apr 202401,13184.451.66$1,877
Mar 202401,48280.301.55$2,290
Feb 202401,50276.091.78$2,679
Jan 202401,85173.023.30$6,104
Dec 202301,71871.262.61$4,485
Nov 202301,86277.892.81$5,228
Oct 202301,97485.443.09$6,094
Sep 202301,89189.042.74$5,172
Aug 202302,10480.522.67$5,624
Jul 202301,57974.852.64$4,171
Jun 202301,58368.962.26$3,575
May 202301,59270.622.23$3,546
Apr 202301,47478.122.24$3,298
Mar 202301,28572.852.39$3,075
Feb 202301,09175.112.47$2,690
Jan 202301,25176.533.39$4,238
Dec 202201,56176.415.73$8,943
Nov 202201,47885.005.65$8,345
Oct 202201,55587.185.86$9,118
Sep 202201,48884.888.16$12,148
Aug 202201,47194.529.13$13,426
Jul 202201,513101.587.54$11,411
Jun 202201,466115.097.98$11,695
May 202201,494109.378.43$12,599
Apr 202201,423104.226.84$9,730
Mar 202201,453108.885.08$7,376
Feb 202201,31591.054.86$6,389
Jan 202201,42581.844.54$6,466
Dec 202101,44071.323.90$5,615
Nov 202101,36677.435.24$7,154
Oct 202101,38679.795.71$7,919
Sep 202101,70069.865.35$9,097
Aug 202101,38766.024.22$5,854
Jul 202101,23670.783.98$4,922
Jun 202101,12269.493.38$3,793
May 202101,04363.483.02$3,147
Apr 2021095960.362.76$2,645
Mar 202101,02361.302.72$2,779
Feb 2021082657.805.55$4,583
Jan 2021026550.412.81$745
Dec 2020039144.642.68$1,046
Nov 2020047038.772.71$1,272
Oct 2020064436.972.48$1,596
Sep 202001,02237.091.99$2,035
Aug 202001,65039.982.39$3,935
Jul 202002,02638.371.83$3,698
Jun 202002,71434.901.69$4,588
May 202003,84316.921.81$6,974
Apr 202003,64314.751.80$6,573
Mar 202003,82930.341.86$7,108
Feb 202003,66449.881.98$7,257
Jan 202004,00257.252.09$8,383
Dec 201904,09359.012.30$9,432
Nov 201904,13255.302.75$11,366
Oct 201903,95453.472.42$9,563
Sep 201903,74155.052.66$9,941
Aug 201904,03553.112.30$9,298
Jul 201903,98156.272.46$9,794
Jun 201903,86252.782.49$9,621
May 201904,21258.482.74$11,542
Apr 201904,31462.632.75$11,867
Mar 201904,30456.803.06$13,179
Feb 201903,95050.852.79$11,029
Jan 201904,44046.033.23$14,333
Dec 201814,35146.594.19$18,257
Nov 201804,19652.934.24$17,779
Oct 201804,27761.443.40$14,534
Sep 201803,89659.543.11$12,109
Aug 201803,86459.403.07$11,849
Jul 201804,02765.142.93$11,807
Jun 201803,83960.183.08$11,812
May 201804,17265.382.90$12,102
Apr 201803,57063.842.90$10,356
Mar 201803,49661.222.79$9,743
Feb 201803,55661.782.77$9,836
Jan 201804,06762.874.01$16,306
Dec 201704,25557.272.92$12,431
Nov 201704,68955.423.12$14,622
Oct 201704,65849.292.98$13,898
Sep 201704,33047.523.09$13,368
Aug 201704,31545.373.00$12,964
Jul 201704,22743.873.09$13,050
Jun 201703,97142.493.09$12,260
May 201704,27545.373.26$13,951
Apr 201704,30347.933.21$13,820
Mar 201704,15746.772.98$12,403
Feb 201703,57850.452.95$10,564
Jan 201704,18349.413.42$14,301
Dec 201604,54748.763.72$16,928
Nov 201604,10542.492.64$10,855
Oct 201604,47946.193.09$13,841
Sep 201604,39241.553.10$13,618
Aug 201604,71541.442.92$13,788
Jul 201604,45541.622.92$13,028
Jun 201604,55645.352.69$12,237
May 201605,19242.521.99$10,337
Apr 201605,04436.561.99$10,043
Mar 201605,30933.011.79$9,524
Feb 201604,85926.472.06$10,027
Jan 201605,20127.352.36$12,297
Dec 201505,32032.362.00$10,648
Nov 201505,30038.792.17$11,487
Oct 201505,25243.552.43$12,744
Sep 201504,86042.992.76$13,406
Aug 201504,89740.162.87$14,067
Jul 201504,52948.152.95$13,338
Jun 201503,97756.152.88$11,465
May 201504,28155.212.96$12,652
Apr 201502,76549.822.71$7,484
Mar 201502,65442.892.93$7,789
Feb 201503,11344.662.98$9,265
Jan 201504,09443.433.10$12,694
Dec 201404,58254.693.59$16,456
Nov 201404,31470.464.25$18,342
Oct 201404,49778.303.90$17,543
Sep 201404,07886.164.05$16,497
Aug 201403,69389.394.04$14,902
Jul 201403,78096.564.18$15,799
Jun 201404,61498.164.74$21,856
May 201404,73494.734.73$22,376
Apr 201404,85295.944.81$23,334
Mar 201405,37095.895.06$27,155
Feb 201404,94097.406.19$30,588
Jan 201405,61690.404.86$27,298
Dec 201306,33791.824.35$27,594
Nov 201306,08788.853.74$22,755
Oct 201305,96197.423.78$22,529
Sep 201305,061104.113.72$18,815
Aug 201305,469104.253.52$19,265
Jul 201305,167102.523.72$19,210
Jun 201305,52394.403.93$21,724
May 201305,49994.834.15$22,816
Apr 201305,13493.964.28$21,987
Mar 201305,13393.623.91$20,085
Feb 201306,16591.233.42$21,084
Jan 201307,49991.603.42$25,646
Dec 201208,42386.773.42$28,808
Nov 201208,51786.953.62$30,874
Oct 201208,27489.383.40$28,129
Sep 201208,20194.672.92$23,934
Aug 201208,71892.662.91$25,353
Jul 201208,55685.133.02$25,846
Jun 201207,34279.822.52$18,495
May 201207,08091.612.49$17,617
Apr 201207,421101.652.00$14,818
Mar 201209,085105.052.22$20,188
Feb 201207,867101.102.57$20,220
Jan 201208,33798.092.73$22,794
Dec 201109,03096.873.24$29,255
Nov 2011010,15195.723.31$33,613
Oct 201109,42384.983.65$34,380
Sep 201109,69783.623.99$38,650
Aug 201109,81583.404.15$40,726
Jul 2011010,35494.144.52$46,772
Jun 201109,82592.904.64$45,587
May 2011011,82398.134.40$52,078
Apr 2011013,413105.964.33$58,122
Mar 2011012,77396.364.06$51,824
Feb 201108,05585.644.18$33,670
Jan 201109,67686.504.59$44,401
Dec 201009,84185.734.35$42,786
Nov 201009,21780.843.80$34,982
Oct 2010010,26078.103.51$36,001
Sep 2010010,38372.633.98$41,319
Aug 2010010,45373.684.42$46,196
Jul 2010010,17872.554.74$48,208
Jun 2010010,74270.364.91$52,748
May 2010011,96771.124.24$50,683
Apr 2010011,36081.694.12$46,834
Mar 2010012,17078.394.39$53,410
Feb 2010011,82673.585.44$64,361
Jan 2010012,92574.365.96$77,086
Dec 2009014,00671.445.48$76,805
Nov 2009014,42574.593.75$54,115
Oct 2009014,33672.544.11$58,925
Sep 2009013,96165.543.06$42,787
Aug 2009015,00367.423.22$48,287
Jul 2009015,01961.133.46$52,033
Jun 2009015,15566.163.90$59,029
May 2009016,35654.743.93$64,210
Apr 2009017,45446.773.59$62,616
Mar 2009020,44242.144.06$82,974
Feb 2009014,30232.814.63$66,261
Jan 2009013,77935.865.37$74,007
Dec 2008013,16737.105.98$78,701
Nov 2008016,88655.496.86$115,844
Oct 2008017,74475.246.92$122,824
Sep 2008016,364101.767.88$128,901
Aug 2008018,073114.228.48$153,314
Jul 2008019,775131.0811.39$225,226
Jun 2008020,302131.3313.03$264,588
May 2008019,443123.1711.57$225,039
Apr 2008021,426110.3110.45$224,006
Mar 2008022,676101.909.66$219,142
Feb 2008019,90192.538.77$174,543
Jan 2008021,77790.388.21$178,696
Dec 2007022,74588.337.30$166,083
Nov 2007023,44491.677.29$170,947
Oct 2007025,70482.856.92$177,923
Sep 2007024,41175.846.24$152,426
Aug 2007025,78169.066.39$164,687
Jul 2007025,09670.906.39$160,312
Jun 2007027,54462.007.55$207,915
May 2007028,77558.747.85$225,777
Apr 2007029,10359.617.81$227,155
Mar 2007034,88256.927.30$254,707
Feb 2007033,89955.108.22$278,514
Jan 2007035,94550.306.73$241,797
Dec 2006038,65056.656.92$267,398
Nov 2006039,87754.207.62$303,762
Oct 2006045,51654.906.01$273,724
Sep 2006046,53360.085.04$234,396
Aug 2006048,30068.717.34$354,518
Jul 2006066,59969.376.34$422,421
Jun 2006066,04466.286.38$421,617
May 2006090,12966.016.42$579,079
Apr 200604,57864.397.36$33,696

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 2025 — as filed, then multipliedworked
Condensate             0 bbl  × $ 62.74 =         $0
Gas                   23 Mcf  × $  3.08 =        $71

────────────────────────────────────────────────────
Month total                                      $71

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/221592 is the state's own key, not one this site invented.