SET BACK B

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 230894District 09Field 65280200CondensateGasSaveExport
Value, all time
$6.3 M
Feb 2007 – May 2026
Value, last 12 filed months
$0
at the published price for each month
Months reported
232
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$49
GasProduction1,130,477 Mcf$6,275,676
Total$6,275,725

Every month this lease reported (232)

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

232 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 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 20250062.363.54$0
Mar 20250067.704.27$0
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 20240075.632.06$0
Jul 20240079.932.15$0
Jun 20240078.082.63$0
May 20240078.812.20$0
Apr 20240084.451.66$0
Mar 20240080.301.55$0
Feb 20240076.091.78$0
Jan 20240073.023.30$0
Dec 20230071.262.61$0
Nov 20230077.892.81$0
Oct 202301685.443.09$49
Sep 202304889.042.74$131
Aug 202306080.522.67$160
Jul 202305274.852.64$137
Jun 202304068.962.26$90
May 202301970.622.23$42
Apr 2023014678.122.24$327
Mar 2023017972.852.39$428
Feb 2023019875.112.47$488
Jan 2023017376.533.39$586
Dec 2022016676.415.73$951
Nov 2022016685.005.65$937
Oct 2022020687.185.86$1,208
Sep 2022020984.888.16$1,706
Aug 2022015994.529.13$1,451
Jul 2022041101.587.54$309
Jun 20220144115.097.98$1,149
May 20220239109.378.43$2,016
Apr 20220232104.226.84$1,586
Mar 20220165108.885.08$838
Feb 2022020291.054.86$981
Jan 2022064281.844.54$2,913
Dec 2021067771.323.90$2,640
Nov 2021067377.435.24$3,524
Oct 2021069879.795.71$3,988
Sep 2021065869.865.35$3,521
Aug 2021068166.024.22$2,874
Jul 2021068370.783.98$2,720
Jun 2021068369.493.38$2,309
May 2021068563.483.02$2,067
Apr 2021068360.362.76$1,884
Mar 2021077861.302.72$2,114
Feb 2021050157.805.55$2,780
Jan 2021077150.412.81$2,167
Dec 2020073844.642.68$1,974
Nov 2020065838.772.71$1,781
Oct 2020070036.972.48$1,735
Sep 202001,71337.091.99$3,411
Aug 202002,83039.982.39$6,750
Jul 202002,87638.371.83$5,249
Jun 202002,76834.901.69$4,679
May 202001,67916.921.81$3,047
Apr 2020079514.751.80$1,434
Mar 2020079130.341.86$1,468
Feb 2020074949.881.98$1,484
Jan 2020077757.252.09$1,628
Dec 2019078659.012.30$1,811
Nov 2019079555.302.75$2,187
Oct 2019082253.472.42$1,988
Sep 2019082755.052.66$2,198
Aug 2019086353.112.30$1,989
Jul 2019086056.272.46$2,116
Jun 2019085152.782.49$2,120
May 2019087458.482.74$2,395
Apr 2019084262.632.75$2,316
Mar 2019087056.803.06$2,664
Feb 2019051850.852.79$1,446
Jan 2019035146.033.23$1,133
Dec 2018041046.594.19$1,716
Nov 2018039152.934.24$1,657
Oct 2018043361.443.40$1,471
Sep 2018043659.543.11$1,355
Aug 2018052259.403.07$1,601
Jul 2018055965.142.93$1,639
Jun 2018049160.183.08$1,511
May 2018051965.382.90$1,506
Apr 2018046363.842.90$1,343
Mar 2018050961.222.79$1,419
Feb 2018080961.782.77$2,238
Jan 201801,23562.874.01$4,952
Dec 201702,00357.272.92$5,852
Nov 201701,75155.423.12$5,460
Oct 201701,93349.292.98$5,767
Sep 201701,12547.523.09$3,473
Aug 2017073445.373.00$2,205
Jul 201701,06643.873.09$3,291
Jun 201701,19642.493.09$3,692
May 201702,18145.373.26$7,117
Apr 201702,09847.933.21$6,738
Mar 201702,03746.772.98$6,078
Feb 201701,82350.452.95$5,383
Jan 201712,09449.413.42$7,208
Dec 201601,73248.763.72$6,448
Nov 201601,73942.492.64$4,599
Oct 201602,09946.193.09$6,486
Sep 201602,13741.553.10$6,626
Aug 201602,16841.442.92$6,340
Jul 201601,71941.622.92$5,027
Jun 201601,82345.352.69$4,896
May 201601,43742.521.99$2,861
Apr 201601,88636.561.99$3,755
Mar 201601,53533.011.79$2,754
Feb 201601,58826.472.06$3,277
Jan 2016073727.352.36$1,743
Dec 2015056032.362.00$1,121
Nov 2015097838.792.17$2,120
Oct 201501,87643.552.43$4,552
Sep 201501,86142.992.76$5,133
Aug 201502,68040.162.87$7,698
Jul 201502,70848.152.95$7,975
Jun 201502,93356.152.88$8,455
May 201502,89055.212.96$8,541
Apr 201502,46949.822.71$6,683
Mar 201502,85742.892.93$8,384
Feb 201502,74644.662.98$8,173
Jan 201502,55743.433.10$7,928
Dec 201402,50254.693.59$8,986
Nov 201402,80370.464.25$11,918
Oct 201402,13678.303.90$8,332
Sep 201403,06686.164.05$12,403
Aug 201403,30889.394.04$13,348
Jul 201403,63796.564.18$15,201
Jun 201404,29798.164.74$20,354
May 201404,43594.734.73$20,962
Apr 201404,62295.944.81$22,228
Mar 201404,94695.895.06$25,011
Feb 201404,55097.406.19$28,174
Jan 201403,73690.404.86$18,160
Dec 201304,38091.824.35$19,073
Nov 201304,44288.853.74$16,605
Oct 201304,38297.423.78$16,561
Sep 201303,757104.113.72$13,968
Aug 201304,862104.253.52$17,127
Jul 201305,346102.523.72$19,875
Jun 201305,74494.403.93$22,594
May 201306,02894.834.15$25,011
Apr 201306,05993.964.28$25,948
Mar 201306,25193.623.91$24,459
Feb 201305,43891.233.42$18,597
Jan 201305,60991.603.42$19,182
Dec 201205,38086.773.42$18,400
Nov 201206,01586.953.62$21,804
Oct 201206,76789.383.40$23,006
Sep 201207,07794.672.92$20,654
Aug 201206,86192.662.91$19,953
Jul 201206,71385.133.02$20,279
Jun 201207,55179.822.52$19,021
May 201207,82291.612.49$19,464
Apr 201207,717101.652.00$15,409
Mar 201208,092105.052.22$17,981
Feb 201207,657101.102.57$19,680
Jan 201208,27698.092.73$22,627
Dec 201108,25296.873.24$26,734
Nov 201106,97895.723.31$23,106
Oct 201104,61984.983.65$16,853
Sep 201101,81283.623.99$7,222
Aug 201101,15483.404.15$4,788
Jul 201102,61494.144.52$11,808
Jun 201103,85292.904.64$17,873
May 201103,78098.134.40$16,650
Apr 20110976105.964.33$4,229
Mar 201102,48696.364.06$10,087
Feb 201103,92085.644.18$16,386
Jan 201108,00686.504.59$36,738
Dec 201008,07285.734.35$35,095
Nov 201008,07980.843.80$30,662
Oct 201008,14978.103.51$28,594
Sep 201007,43272.633.98$29,575
Aug 201006,70973.684.42$29,649
Jul 201001,90272.554.74$9,009
Jun 201005,52970.364.91$27,150
May 201005,20571.124.24$22,044
Apr 201007,65381.694.12$31,551
Mar 201007,39778.394.39$32,463
Feb 201002,20473.585.44$11,995
Jan 201007,92874.365.96$47,283
Dec 200908,89171.445.48$48,756
Nov 2009011,09774.593.75$41,630
Oct 2009013,11072.544.11$53,885
Sep 2009012,58065.543.06$38,555
Aug 2009012,94567.423.22$41,663
Jul 200909,23861.133.46$32,005
Jun 2009012,58366.163.90$49,011
May 2009013,56454.743.93$53,249
Apr 2009013,89846.773.59$49,859
Mar 2009014,17742.144.06$57,544
Feb 2009013,71832.814.63$63,555
Jan 2009015,92835.865.37$85,549
Dec 2008016,85537.105.98$100,745
Nov 2008015,32655.496.86$105,142
Oct 2008017,13775.246.92$118,622
Sep 2008017,876101.767.88$140,811
Aug 2008017,308114.228.48$146,824
Jul 200808,337131.0811.39$94,954
Jun 200800131.3313.03$0
May 200800123.1711.57$0
Apr 200800110.3110.45$0
Mar 2008011,626101.909.66$112,354
Feb 2008019,46092.538.77$170,675
Jan 2008023,36790.388.21$191,743
Dec 2007023,90488.337.30$174,546
Nov 2007024,03191.677.29$175,227
Oct 2007028,48282.856.92$197,152
Sep 2007029,06275.846.24$181,468
Aug 2007033,74969.066.39$215,587
Jul 2007037,35670.906.39$238,628
Jun 2007035,01262.007.55$264,286
May 2007043,80958.747.85$343,738
Apr 2007050,80859.617.81$396,567
Mar 2007034,31456.927.30$250,560
Feb 2007061,41855.108.22$504,610

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.

Oct 2023 — as filed, then multipliedworked
Condensate             0 bbl  × $ 85.44 =         $0
Gas                   16 Mcf  × $  3.09 =        $49

────────────────────────────────────────────────────
Month total                                      $49

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/230894 is the state's own key, not one this site invented.