KING

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 230480District 09Field 65280200CondensateGasSaveExport
Value, all time
$5.7 M
Jan 2007 – May 2026
Value, last 12 filed months
$79 k
at the published price for each month
Months reported
233
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
CondensateDisposition77 bbl$4,724
GasProduction1,111,915 Mcf$5,738,617
Total$5,743,341

Every month this lease reported (233)

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

233 months

May 202601,570106.413.05$4,782
Apr 202611,57398.932.87$4,613
Mar 202601,69389.753.15$5,332
Feb 202601,51663.503.75$5,685
Jan 202602,31159.138.00$18,483
Dec 202501,67556.664.41$7,392
Nov 202501,58558.593.93$6,223
Oct 202501,80059.383.30$5,949
Sep 202501,62962.743.08$5,012
Aug 202501,59563.933.01$4,809
Jul 202501,67066.743.32$5,536
Jun 202501,72966.483.13$5,410
May 202501,79560.553.23$5,802
Apr 202511,75162.363.54$6,266
Mar 202511,84267.704.27$7,930
Feb 202501,60470.884.34$6,963
Jan 202501,81274.324.28$7,753
Dec 202401,95068.993.12$6,087
Nov 202401,66869.052.20$3,667
Oct 202401,78971.372.28$4,081
Sep 202401,74869.612.36$4,133
Aug 20241075.632.06$76
Jul 202402,05479.932.15$4,409
Jun 202401,51678.082.63$3,993
May 202411,95178.812.20$4,368
Apr 202411,86284.451.66$3,174
Mar 202411,91080.301.55$3,032
Feb 202401,83176.091.78$3,266
Jan 202402,00373.023.30$6,605
Dec 202302,05671.262.61$5,368
Nov 202302,02177.892.81$5,674
Oct 202302,13185.443.09$6,579
Sep 202302,09889.042.74$5,738
Aug 202312,25780.522.67$6,113
Jul 202312,30074.852.64$6,151
Jun 202302,17468.962.26$4,910
May 202302,20070.622.23$4,900
Apr 202302,10378.122.24$4,706
Mar 202312,13372.852.39$5,177
Feb 202301,98675.112.47$4,897
Jan 202302,37976.533.39$8,059
Dec 202202,31276.415.73$13,246
Nov 202202,23785.005.65$12,631
Oct 202202,32587.185.86$13,633
Sep 202202,28684.888.16$18,662
Aug 202202,45194.529.13$22,371
Jul 202202,442101.587.54$18,418
Jun 202212,380115.097.98$19,101
May 202202,463109.378.43$20,771
Apr 202212,368104.226.84$16,296
Mar 202202,371108.885.08$12,036
Feb 202202,08091.054.86$10,106
Jan 202202,44481.844.54$11,090
Dec 202102,44171.323.90$9,518
Nov 202112,46877.435.24$13,002
Oct 202102,58479.795.71$14,765
Sep 202102,33669.865.35$12,500
Aug 202102,56366.024.22$10,817
Jul 202102,52170.783.98$10,039
Jun 202112,45569.493.38$8,369
May 202102,58963.483.02$7,813
Apr 202102,37460.362.76$6,548
Mar 202102,61161.302.72$7,094
Feb 202101,91557.805.55$10,624
Jan 202102,57950.412.81$7,248
Dec 202002,52644.642.68$6,758
Nov 202002,44938.772.71$6,628
Oct 202002,53336.972.48$6,278
Sep 202002,50437.091.99$4,986
Aug 202002,56739.982.39$6,123
Jul 202002,61938.371.83$4,780
Jun 202002,50734.901.69$4,238
May 202002,53316.921.81$4,597
Apr 202002,55714.751.80$4,614
Mar 202002,65330.341.86$4,925
Feb 202002,50449.881.98$4,960
Jan 202002,73257.252.09$5,723
Dec 201902,81359.012.30$6,482
Nov 201902,47155.302.75$6,797
Oct 201922,67253.472.42$6,569
Sep 201902,70255.052.66$7,180
Aug 201902,65353.112.30$6,113
Jul 201902,76556.272.46$6,802
Jun 201902,66252.782.49$6,632
May 201922,84458.482.74$7,910
Apr 201922,52662.632.75$7,074
Mar 201922,46256.803.06$7,652
Feb 201902,25750.852.79$6,302
Jan 201922,52246.033.23$8,234
Dec 201852,60146.594.19$11,119
Nov 201822,56452.934.24$10,970
Oct 201822,67961.443.40$9,226
Sep 201822,52259.543.11$7,957
Aug 201802,69859.403.07$8,274
Jul 201842,66265.142.93$8,065
Jun 201802,65560.183.08$8,169
May 201842,85665.382.90$8,546
Apr 201822,81263.842.90$8,285
Mar 201822,90361.222.79$8,213
Feb 201822,69261.782.77$7,570
Jan 201822,97862.874.01$12,065
Dec 201723,09657.272.92$9,160
Nov 201723,09955.423.12$9,775
Oct 201723,22049.292.98$9,706
Sep 201743,23447.523.09$10,174
Aug 201703,22945.373.00$9,701
Jul 201723,25943.873.09$10,149
Jun 201743,31542.493.09$10,404
May 201703,33345.373.26$10,877
Apr 201703,03647.933.21$9,750
Mar 201743,09946.772.98$9,434
Feb 201702,83150.452.95$8,359
Jan 201703,15449.413.42$10,783
Dec 201603,13848.763.72$11,682
Nov 201602,83642.492.64$7,499
Oct 201603,16946.193.09$9,793
Sep 201613,07041.553.10$9,560
Aug 201603,25141.442.92$9,507
Jul 201603,28241.622.92$9,598
Jun 201603,07045.352.69$8,246
May 201603,41742.521.99$6,803
Apr 201603,11536.561.99$6,202
Mar 201603,43033.011.79$6,153
Feb 201603,31626.472.06$6,843
Jan 201603,58927.352.36$8,486
Dec 201503,38432.362.00$6,773
Nov 201503,33438.792.17$7,226
Oct 201503,44443.552.43$8,357
Sep 201503,07542.992.76$8,482
Aug 201503,21240.162.87$9,226
Jul 201503,22248.152.95$9,489
Jun 201503,14656.152.88$9,069
May 201503,15655.212.96$9,327
Apr 201513,21349.822.71$8,746
Mar 201503,50642.892.93$10,289
Feb 201503,23844.662.98$9,637
Jan 201503,54643.433.10$10,995
Dec 201403,55754.693.59$12,774
Nov 201403,41370.464.25$14,512
Oct 201403,50478.303.90$13,669
Sep 201413,62786.164.05$14,759
Aug 201404,05689.394.04$16,366
Jul 201404,01496.564.18$16,777
Jun 201404,00398.164.74$18,962
May 201404,23594.734.73$20,017
Apr 201413,88295.944.81$18,765
Mar 201404,18095.895.06$21,137
Feb 201413,73197.406.19$23,200
Jan 201404,18890.404.86$20,357
Dec 201304,20991.824.35$18,328
Nov 201304,21688.853.74$15,761
Oct 201303,79497.423.78$14,339
Sep 201304,375104.113.72$16,265
Aug 201304,531104.253.52$15,961
Jul 201304,330102.523.72$16,098
Jun 201314,72294.403.93$18,668
May 201305,03094.834.15$20,870
Apr 201304,21593.964.28$18,051
Mar 201304,48193.623.91$17,534
Feb 201303,73591.233.42$12,773
Jan 201305,12091.603.42$17,510
Dec 201205,27186.773.42$18,028
Nov 201204,86186.953.62$17,621
Oct 201205,27489.383.40$17,930
Sep 201204,53994.672.92$13,247
Aug 201203,06792.662.91$8,919
Jul 201203,95685.133.02$11,950
Jun 201204,04379.822.52$10,184
May 201204,46991.612.49$11,120
Apr 201205,058101.652.00$10,100
Mar 201205,960105.052.22$13,244
Feb 201205,042101.102.57$12,959
Jan 201205,57998.092.73$15,253
Dec 201106,06696.873.24$19,652
Nov 201106,07095.723.31$20,099
Oct 201105,73184.983.65$20,910
Sep 201104,95283.623.99$19,738
Aug 201104,69383.404.15$19,473
Jul 201105,79594.144.52$26,177
Jun 201105,40192.904.64$25,060
May 201106,08698.134.40$26,808
Apr 201106,162105.964.33$26,702
Mar 201106,80596.364.06$27,610
Feb 201105,67385.644.18$23,713
Jan 201106,31086.504.59$28,955
Dec 201004,02185.734.35$17,482
Nov 201003,45480.843.80$13,109
Oct 201003,05278.103.51$10,709
Sep 201003,45772.633.98$13,757
Aug 201003,51473.684.42$15,530
Jul 201004,71672.554.74$22,337
Jun 201004,90470.364.91$24,081
May 201004,76271.124.24$20,168
Apr 201007,46681.694.12$30,780
Mar 201009,63378.394.39$42,276
Feb 201005,68273.585.44$30,923
Jan 201008,02574.365.96$47,862
Dec 200907,19771.445.48$39,467
Nov 200907,87874.593.75$29,554
Oct 200905,12972.544.11$21,081
Sep 200906,81965.543.06$20,899
Aug 200908,69367.423.22$27,978
Jul 200907,80761.133.46$27,047
Jun 200908,30066.163.90$32,329
May 200908,87154.743.93$34,825
Apr 200909,00846.773.59$32,316
Mar 200908,83442.144.06$35,857
Feb 200909,11332.814.63$42,221
Jan 200908,43235.865.37$45,288
Dec 2008010,04237.105.98$60,022
Nov 2008011,98155.496.86$82,194
Oct 200809,81975.246.92$67,967
Sep 2008010,633101.767.88$83,757
Aug 2008013,747114.228.48$116,616
Jul 200809,475131.0811.39$107,915
Jun 2008012,866131.3313.03$167,678
May 2008010,417123.1711.57$120,569
Apr 2008010,957110.3110.45$114,554
Mar 2008013,450101.909.66$129,982
Feb 2008016,74492.538.77$146,855
Jan 2008010,33990.388.21$84,839
Dec 20070088.337.30$0
Nov 20070091.677.29$0
Oct 2007012,10582.856.92$83,791
Sep 2007019,83775.846.24$123,865
Aug 2007022,60469.066.39$144,393
Jul 2007010,62070.906.39$67,840
Jun 2007020,17762.007.55$152,305
May 2007027,47758.747.85$215,592
Apr 2007029,83059.617.81$232,829
Mar 2007041,68056.927.30$304,346
Feb 2007056,77755.108.22$466,480
Jan 200701,97650.306.73$13,292

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                1,570 Mcf  × $  3.05 =     $4,782

────────────────────────────────────────────────────
Month total                                   $4,782

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/230480 is the state's own key, not one this site invented.