HARDCASTLE

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 227811District 09Field 65280200CondensateGasSaveExport
Value, all time
$15.5 M
Mar 2007 – May 2026
Value, last 12 filed months
$244 k
at the published price for each month
Months reported
231
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
GasProduction2,985,255 Mcf$15,523,558
Total$15,523,605

Every month this lease reported (231)

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

231 months

May 202604,874106.413.05$14,845
Apr 202605,21998.932.87$14,977
Mar 202605,74489.753.15$18,090
Feb 202604,94463.503.75$18,542
Jan 202605,72959.138.00$45,820
Dec 202505,71556.664.41$25,222
Nov 202505,71458.593.93$22,436
Oct 202505,42759.383.30$17,935
Sep 202505,04862.743.08$15,532
Aug 202505,17363.933.01$15,595
Jul 202505,28766.743.32$17,527
Jun 202505,65466.483.13$17,690
May 202506,17460.553.23$19,956
Apr 202506,13562.363.54$21,737
Mar 202506,38167.704.27$27,236
Feb 202505,42970.884.34$23,566
Jan 202506,32474.324.28$27,058
Dec 202405,96868.993.12$18,628
Nov 202405,70469.052.20$12,540
Oct 202405,88071.372.28$13,415
Sep 202405,70269.612.36$13,482
Aug 20240075.632.06$0
Jul 202406,67079.932.15$14,318
Jun 202404,40478.082.63$11,600
May 202406,05678.812.20$13,314
Apr 202405,43484.451.66$9,016
Mar 202405,68280.301.55$8,779
Feb 202405,39376.091.78$9,619
Jan 202405,64773.023.30$18,622
Dec 202305,82171.262.61$15,197
Nov 202305,59177.892.81$15,697
Oct 202304,45385.443.09$13,748
Sep 202305,31489.042.74$14,534
Aug 202305,49080.522.67$14,674
Jul 202305,41874.852.64$14,313
Jun 202305,36068.962.26$12,105
May 202305,56470.622.23$12,393
Apr 202305,56478.122.24$12,451
Mar 202305,44572.852.39$13,031
Feb 202305,31775.112.47$13,110
Jan 202306,36176.533.39$21,549
Dec 202206,12576.415.73$35,091
Nov 202206,01185.005.65$33,939
Oct 202206,21487.185.86$36,437
Sep 202205,98584.888.16$48,860
Aug 202206,35794.529.13$58,021
Jul 202206,217101.587.54$46,889
Jun 202206,072115.097.98$48,438
May 202206,111109.378.43$51,534
Apr 202205,788104.226.84$39,576
Mar 202205,795108.885.08$29,418
Feb 202205,64391.054.86$27,418
Jan 202206,33581.844.54$28,746
Dec 202105,96271.323.90$23,247
Nov 202105,66777.435.24$29,677
Oct 202106,09079.795.71$34,797
Sep 202105,95569.865.35$31,865
Aug 202106,13766.024.22$25,902
Jul 202106,10270.783.98$24,299
Jun 202105,78269.493.38$19,547
May 202105,87363.483.02$17,723
Apr 202105,65760.362.76$15,604
Mar 202106,14661.302.72$16,698
Feb 202104,35657.805.55$24,167
Jan 202105,76550.412.81$16,201
Dec 202006,06844.642.68$16,235
Nov 202006,36038.772.71$17,214
Oct 202007,06736.972.48$17,515
Sep 202007,42437.091.99$14,781
Aug 202007,17939.982.39$17,123
Jul 202007,37238.371.83$13,455
Jun 202007,14134.901.69$12,071
May 202007,18616.921.81$13,041
Apr 202007,34714.751.80$13,257
Mar 202007,72530.341.86$14,339
Feb 202007,29049.881.98$14,439
Jan 202007,85857.252.09$16,460
Dec 201907,73259.012.30$17,817
Nov 2019099955.302.75$2,748
Oct 201904,90753.472.42$11,868
Sep 201906,68655.052.66$17,767
Aug 201907,33353.112.30$16,898
Jul 201907,38056.272.46$18,155
Jun 201907,22252.782.49$17,991
May 201907,73758.482.74$21,202
Apr 201907,36462.632.75$20,256
Mar 201907,57456.803.06$23,192
Feb 201906,92650.852.79$19,339
Jan 201907,77146.033.23$25,086
Dec 201817,83646.594.19$32,844
Nov 201807,54152.934.24$31,953
Oct 201807,77961.443.40$26,434
Sep 201807,42659.543.11$23,080
Aug 201807,72059.403.07$23,674
Jul 201807,66465.142.93$22,470
Jun 201807,55960.183.08$23,258
May 201808,02065.382.90$23,264
Apr 201807,57963.842.90$21,985
Mar 201808,07461.222.79$22,501
Feb 201805,03061.782.77$13,914
Jan 201804,10862.874.01$16,470
Dec 201707,57857.272.92$22,139
Nov 201707,23455.423.12$22,558
Oct 201707,45849.292.98$22,252
Sep 201707,36647.523.09$22,741
Aug 201707,71145.373.00$23,167
Jul 201707,78343.873.09$24,028
Jun 201707,52042.493.09$23,216
May 201707,85745.373.26$25,641
Apr 201707,73647.933.21$24,845
Mar 201708,17546.772.98$24,392
Feb 201707,43350.452.95$21,947
Jan 201708,30749.413.42$28,400
Dec 201608,36448.763.72$31,138
Nov 201608,11342.492.64$21,454
Oct 201608,32246.193.09$25,717
Sep 201608,11741.553.10$25,168
Aug 201608,42241.442.92$24,629
Jul 201608,52441.622.92$24,927
Jun 201608,32845.352.69$22,368
May 201608,81642.521.99$17,553
Apr 201608,65236.561.99$17,226
Mar 201609,09533.011.79$16,317
Feb 201608,32526.472.06$17,180
Jan 201608,90927.352.36$21,064
Dec 201509,03732.362.00$18,087
Nov 201508,84338.792.17$19,166
Oct 201509,50243.552.43$23,057
Sep 2015010,23742.992.76$28,238
Aug 2015010,29640.162.87$29,575
Jul 201509,60848.152.95$28,296
Jun 201509,05056.152.88$26,090
May 2015010,02855.212.96$29,637
Apr 201509,77549.822.71$26,457
Mar 2015010,25942.892.93$30,107
Feb 201509,40544.662.98$27,991
Jan 201509,85443.433.10$30,554
Dec 201401,15054.693.59$4,130
Nov 20140070.464.25$0
Oct 201401178.303.90$43
Sep 201402,20986.164.05$8,936
Aug 201408,32989.394.04$33,609
Jul 201408,10296.564.18$33,863
Jun 201408,88498.164.74$42,082
May 201408,80594.734.73$41,617
Apr 201408,07695.944.81$38,838
Mar 201409,76495.895.06$49,375
Feb 201409,61297.406.19$59,518
Jan 2014010,74790.404.86$52,238
Dec 201304,23391.824.35$18,433
Nov 20130088.853.74$0
Oct 201305,15897.423.78$19,494
Sep 201309,612104.113.72$35,735
Aug 2013010,010104.253.52$35,261
Jul 201309,510102.523.72$35,356
Jun 201308,63894.403.93$33,977
May 201309,13394.834.15$37,894
Apr 2013010,69593.964.28$45,802
Mar 2013012,15593.623.91$47,561
Feb 201308,26091.233.42$28,248
Jan 2013012,70791.603.42$43,457
Dec 2012012,66486.773.42$43,313
Nov 2012012,93786.953.62$46,896
Oct 2012011,16189.383.40$37,944
Sep 201209,69894.672.92$28,303
Aug 2012010,97292.662.91$31,908
Jul 2012012,57985.133.02$37,999
Jun 2012010,04579.822.52$25,304
May 2012011,21891.612.49$27,914
Apr 2012012,465101.652.00$24,890
Mar 2012013,845105.052.22$30,765
Feb 2012012,139101.102.57$31,200
Jan 2012014,83998.092.73$40,571
Dec 2011015,34196.873.24$49,701
Nov 2011014,79595.723.31$48,990
Oct 2011015,52184.983.65$56,629
Sep 2011013,74783.623.99$54,793
Aug 2011013,66383.404.15$56,692
Jul 2011012,69394.144.52$57,337
Jun 2011012,85592.904.64$59,646
May 2011013,28198.134.40$58,500
Apr 2011015,184105.964.33$65,797
Mar 2011014,32096.364.06$58,101
Feb 2011013,51385.644.18$56,484
Jan 2011015,13886.504.59$69,465
Dec 2010014,91885.734.35$64,860
Nov 2010015,46280.843.80$58,683
Oct 2010012,91778.103.51$45,324
Sep 2010014,87372.633.98$59,187
Aug 2010015,76373.684.42$69,662
Jul 2010018,27272.554.74$86,545
Jun 2010022,37170.364.91$109,851
May 2010013,07371.124.24$55,367
Apr 2010015,74081.694.12$64,891
Mar 2010017,95578.394.39$78,799
Feb 2010017,52573.585.44$95,377
Jan 2010019,30674.365.96$115,143
Dec 2009019,10971.445.48$104,789
Nov 2009019,05174.593.75$71,470
Oct 2009019,99172.544.11$82,168
Sep 2009020,64265.543.06$63,263
Aug 2009024,27367.423.22$78,123
Jul 2009023,10661.133.46$80,051
Jun 2009022,46166.163.90$87,486
May 2009021,88654.743.93$85,919
Apr 2009023,23446.773.59$83,352
Mar 2009024,93442.144.06$101,207
Feb 2009022,87132.814.63$105,961
Jan 2009025,98235.865.37$139,549
Dec 2008027,61337.105.98$165,047
Nov 2008026,81755.496.86$183,974
Oct 2008028,88875.246.92$199,962
Sep 2008032,789101.767.88$258,282
Aug 2008031,633114.228.48$268,343
Jul 2008032,965131.0811.39$375,453
Jun 2008033,726131.3313.03$439,538
May 2008035,828123.1711.57$414,684
Apr 2008036,823110.3110.45$384,979
Mar 2008040,033101.909.66$386,882
Feb 2008039,52392.538.77$346,640
Jan 2008045,40990.388.21$372,614
Dec 2007046,48988.337.30$339,461
Nov 2007049,86091.677.29$363,564
Oct 2007054,96182.856.92$380,439
Sep 2007059,27075.846.24$370,091
Aug 2007068,82869.066.39$439,669
Jul 2007075,91870.906.39$484,960
Jun 2007062,28762.007.55$470,170
May 2007034,05458.747.85$267,197
Apr 20070112,22659.617.81$875,946
Mar 20070125,81056.927.30$918,661

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                4,874 Mcf  × $  3.05 =    $14,845

────────────────────────────────────────────────────
Month total                                  $14,845

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/227811 is the state's own key, not one this site invented.