SHAW

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 221880District 09Field 65280200CondensateGasSaveExport
Value, all time
$3.3 M
Jun 2006 – May 2026
Value, last 12 filed months
$99
at the published price for each month
Months reported
240
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
CondensateDisposition142 bbl$8,434
GasProduction496,497 Mcf$3,329,619
Total$3,338,053

Every month this lease reported (240)

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

240 months

May 202600106.413.05$0
Apr 20261098.932.87$99
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 20251062.363.54$62
Mar 20253067.704.27$203
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 20241075.632.06$76
Jul 20240079.932.15$0
Jun 20240078.082.63$0
May 20241078.812.20$79
Apr 20241084.451.66$84
Mar 20241080.301.55$80
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 20231080.522.67$81
Jul 20231074.852.64$75
Jun 20230068.962.26$0
May 20230070.622.23$0
Apr 20230078.122.24$0
Mar 20231072.852.39$73
Feb 20230075.112.47$0
Jan 202304076.533.39$136
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 2022011101.587.54$83
Jun 20221203115.097.98$1,734
May 20220491109.378.43$4,141
Apr 20222167104.226.84$1,350
Mar 2022032108.885.08$162
Feb 20220091.054.86$0
Jan 20220081.844.54$0
Dec 20210071.323.90$0
Nov 20211077.435.24$77
Oct 20210079.795.71$0
Sep 20210069.865.35$0
Aug 20210066.024.22$0
Jul 202102370.783.98$92
Jun 20211069.493.38$69
May 20210063.483.02$0
Apr 20210060.362.76$0
Mar 20210061.302.72$0
Feb 20210057.805.55$0
Jan 20210050.412.81$0
Dec 20200044.642.68$0
Nov 20200038.772.71$0
Oct 20200036.972.48$0
Sep 20200037.091.99$0
Aug 202005239.982.39$124
Jul 202003338.371.83$60
Jun 202009134.901.69$154
May 20200016.921.81$0
Apr 20200014.751.80$0
Mar 20200030.341.86$0
Feb 20200049.881.98$0
Jan 20200057.252.09$0
Dec 20190059.012.30$0
Nov 20190055.302.75$0
Oct 20192253.472.42$112
Sep 2019013355.052.66$353
Aug 201908753.112.30$200
Jul 2019010956.272.46$268
Jun 2019015152.782.49$376
May 201945658.482.74$387
Apr 20194462.632.75$262
Mar 20194456.803.06$239
Feb 2019017850.852.79$497
Jan 2019410746.033.23$530
Dec 2018118546.594.19$868
Nov 201844752.934.24$411
Oct 201845961.443.40$446
Sep 2018413259.543.11$648
Aug 201809859.403.07$301
Jul 2018714265.142.93$872
Jun 201809660.183.08$295
May 2018814165.382.90$932
Apr 201844463.842.90$383
Mar 201848361.222.79$476
Feb 20184461.782.77$258
Jan 20184462.874.01$268
Dec 20174457.272.92$241
Nov 2017412755.423.12$618
Oct 201749149.292.98$469
Sep 2017837647.523.09$1,541
Aug 2017050845.373.00$1,526
Jul 2017453543.873.09$1,827
Jun 2017871342.493.09$2,541
May 2017078145.373.26$2,549
Apr 2017070947.933.21$2,277
Mar 2017858046.772.98$2,105
Feb 2017080650.452.95$2,380
Jan 2017042849.413.42$1,463
Dec 20160048.763.72$0
Nov 2016012842.492.64$338
Oct 201607146.193.09$219
Sep 2016120341.553.10$671
Aug 201601441.442.92$41
Jul 20160041.622.92$0
Jun 20160045.352.69$0
May 20160042.521.99$0
Apr 20160036.561.99$0
Mar 20160033.011.79$0
Feb 20160026.472.06$0
Jan 20160027.352.36$0
Dec 20150032.362.00$0
Nov 20150038.792.17$0
Oct 20150043.552.43$0
Sep 20150042.992.76$0
Aug 20150040.162.87$0
Jul 20150148.152.95$3
Jun 20150056.152.88$0
May 20150055.212.96$0
Apr 20152249.822.71$105
Mar 20151142.892.93$46
Feb 20151144.662.98$48
Jan 20150043.433.10$0
Dec 20140054.693.59$0
Nov 20141170.464.25$75
Oct 20140078.303.90$0
Sep 20142286.164.05$180
Aug 20140089.394.04$0
Jul 20140096.564.18$0
Jun 20140098.164.74$0
May 20140094.734.73$0
Apr 20141195.944.81$101
Mar 20141195.895.06$101
Feb 20141197.406.19$104
Jan 20141190.404.86$95
Dec 20130091.824.35$0
Nov 20130088.853.74$0
Oct 20130097.423.78$0
Sep 201300104.113.72$0
Aug 201300104.253.52$0
Jul 201300102.523.72$0
Jun 20131194.403.93$98
May 20130094.834.15$0
Apr 20130093.964.28$0
Mar 20130093.623.91$0
Feb 20130091.233.42$0
Jan 20130091.603.42$0
Dec 20120086.773.42$0
Nov 20120086.953.62$0
Oct 20120089.383.40$0
Sep 20120094.672.92$0
Aug 20120092.662.91$0
Jul 20120085.133.02$0
Jun 20120079.822.52$0
May 20120091.612.49$0
Apr 201200101.652.00$0
Mar 201200105.052.22$0
Feb 201200101.102.57$0
Jan 20120098.092.73$0
Dec 20110096.873.24$0
Nov 20110095.723.31$0
Oct 20110084.983.65$0
Sep 20110083.623.99$0
Aug 20110083.404.15$0
Jul 20110094.144.52$0
Jun 20110092.904.64$0
May 20110098.134.40$0
Apr 201100105.964.33$0
Mar 20110096.364.06$0
Feb 20110085.644.18$0
Jan 20110086.504.59$0
Dec 20100085.734.35$0
Nov 20100080.843.80$0
Oct 20100078.103.51$0
Sep 20100072.633.98$0
Aug 20100073.684.42$0
Jul 20100072.554.74$0
Jun 20100070.364.91$0
May 20100071.124.24$0
Apr 20100081.694.12$0
Mar 20100078.394.39$0
Feb 20100073.585.44$0
Jan 20100074.365.96$0
Dec 200906371.445.48$345
Nov 20090074.593.75$0
Oct 20090072.544.11$0
Sep 2009024165.543.06$739
Aug 200901,46267.423.22$4,705
Jul 200901,06261.133.46$3,679
Jun 200901,53166.163.90$5,963
May 20090054.743.93$0
Apr 20090046.773.59$0
Mar 200903,17642.144.06$12,891
Feb 2009016032.814.63$741
Jan 200907,17335.865.37$38,526
Dec 2008012,37237.105.98$73,949
Nov 2008014,50355.496.86$99,496
Oct 200803,31275.246.92$22,926
Sep 200804,654101.767.88$36,660
Aug 200802,819114.228.48$23,914
Jul 200800131.0811.39$0
Jun 200800131.3313.03$0
May 200800123.1711.57$0
Apr 200800110.3110.45$0
Mar 200802,037101.909.66$19,686
Feb 200808,04192.538.77$70,524
Jan 2008014,18490.388.21$116,390
Dec 200706,99188.337.30$51,048
Nov 200709,92791.677.29$72,385
Oct 2007016,66282.856.92$115,334
Sep 200706,10475.846.24$38,114
Aug 20070069.066.39$0
Jul 20070070.906.39$0
Jun 200703,28862.007.55$24,819
May 200708,93458.747.85$70,099
Apr 2007014,94159.617.81$116,617
Mar 2007017,54056.927.30$128,077
Feb 2007016,53955.108.22$135,884
Jan 2007020,07850.306.73$135,062
Dec 2006026,76156.656.92$185,144
Nov 2006032,08454.207.62$244,399
Oct 2006036,17254.906.01$217,531
Sep 2006044,58760.085.04$224,594
Aug 2006054,78968.717.34$402,147
Jul 2006074,16869.376.34$470,430
Jun 2006021,14666.286.38$134,994

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.

Apr 2026 — as filed, then multipliedworked
Condensate             1 bbl  × $ 98.93 =        $99
Gas                    0 Mcf  × $  2.87 =         $0

────────────────────────────────────────────────────
Month total                                      $99

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/221880 is the state's own key, not one this site invented.