HUGHES
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.
Value, all time
$22.5 M
May 2007 – May 2026
Value, last 12 filed months
$170 k
at the published price for each month
Months reported
229
no gaps in the span
Streams
1
gas
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.
| Stream | Basis | Volume | Value |
|---|---|---|---|
| Gas | Production | 4,063,943 Mcf | $22,509,814 |
| Total | $22,509,814 | ||
Every month this lease reported (229)
Volume × price = value, one row per cycle. The price columns are the same series published on the prices page — nothing here is modelled.
229 months
| May 2026 | 4,012 | 106.41 | 3.05 | $12,220 |
| Apr 2026 | 3,909 | 98.93 | 2.87 | $11,218 |
| Mar 2026 | 3,904 | 89.75 | 3.15 | $12,295 |
| Feb 2026 | 3,806 | 63.50 | 3.75 | $14,274 |
| Jan 2026 | 4,016 | 59.13 | 8.00 | $32,120 |
| Dec 2025 | 3,954 | 56.66 | 4.41 | $17,450 |
| Nov 2025 | 3,457 | 58.59 | 3.93 | $13,574 |
| Oct 2025 | 3,993 | 59.38 | 3.30 | $13,196 |
| Sep 2025 | 3,704 | 62.74 | 3.08 | $11,397 |
| Aug 2025 | 3,484 | 63.93 | 3.01 | $10,503 |
| Jul 2025 | 3,033 | 66.74 | 3.32 | $10,055 |
| Jun 2025 | 3,814 | 66.48 | 3.13 | $11,933 |
| May 2025 | 4,041 | 60.55 | 3.23 | $13,062 |
| Apr 2025 | 3,949 | 62.36 | 3.54 | $13,992 |
| Mar 2025 | 4,108 | 67.70 | 4.27 | $17,534 |
| Feb 2025 | 3,894 | 70.88 | 4.34 | $16,903 |
| Jan 2025 | 4,430 | 74.32 | 4.28 | $18,955 |
| Dec 2024 | 4,514 | 68.99 | 3.12 | $14,090 |
| Nov 2024 | 4,343 | 69.05 | 2.20 | $9,548 |
| Oct 2024 | 4,502 | 71.37 | 2.28 | $10,271 |
| Sep 2024 | 4,354 | 69.61 | 2.36 | $10,294 |
| Aug 2024 | 4,381 | 75.63 | 2.06 | $9,041 |
| Jul 2024 | 4,278 | 79.93 | 2.15 | $9,183 |
| Jun 2024 | 4,397 | 78.08 | 2.63 | $11,582 |
| May 2024 | 4,520 | 78.81 | 2.20 | $9,937 |
| Apr 2024 | 3,796 | 84.45 | 1.66 | $6,298 |
| Mar 2024 | 4,613 | 80.30 | 1.55 | $7,128 |
| Feb 2024 | 4,338 | 76.09 | 1.78 | $7,737 |
| Jan 2024 | 4,308 | 73.02 | 3.30 | $14,206 |
| Dec 2023 | 4,637 | 71.26 | 2.61 | $12,106 |
| Nov 2023 | 4,377 | 77.89 | 2.81 | $12,289 |
| Oct 2023 | 4,483 | 85.44 | 3.09 | $13,840 |
| Sep 2023 | 4,539 | 89.04 | 2.74 | $12,414 |
| Aug 2023 | 4,536 | 80.52 | 2.67 | $12,124 |
| Jul 2023 | 4,450 | 74.85 | 2.64 | $11,756 |
| Jun 2023 | 4,476 | 68.96 | 2.26 | $10,109 |
| May 2023 | 4,710 | 70.62 | 2.23 | $10,491 |
| Apr 2023 | 4,704 | 78.12 | 2.24 | $10,526 |
| Mar 2023 | 4,992 | 72.85 | 2.39 | $11,947 |
| Feb 2023 | 4,570 | 75.11 | 2.47 | $11,268 |
| Jan 2023 | 5,022 | 76.53 | 3.39 | $17,013 |
| Dec 2022 | 5,062 | 76.41 | 5.73 | $29,001 |
| Nov 2022 | 4,978 | 85.00 | 5.65 | $28,107 |
| Oct 2022 | 5,063 | 87.18 | 5.86 | $29,688 |
| Sep 2022 | 4,796 | 84.88 | 8.16 | $39,153 |
| Aug 2022 | 4,796 | 94.52 | 9.13 | $43,774 |
| Jul 2022 | 4,692 | 101.58 | 7.54 | $35,387 |
| Jun 2022 | 4,834 | 115.09 | 7.98 | $38,562 |
| May 2022 | 5,287 | 109.37 | 8.43 | $44,585 |
| Apr 2022 | 5,114 | 104.22 | 6.84 | $34,967 |
| Mar 2022 | 5,458 | 108.88 | 5.08 | $27,707 |
| Feb 2022 | 4,975 | 91.05 | 4.86 | $24,173 |
| Jan 2022 | 5,384 | 81.84 | 4.54 | $24,431 |
| Dec 2021 | 5,363 | 71.32 | 3.90 | $20,911 |
| Nov 2021 | 5,109 | 77.43 | 5.24 | $26,755 |
| Oct 2021 | 5,285 | 79.79 | 5.71 | $30,198 |
| Sep 2021 | 5,177 | 69.86 | 5.35 | $27,702 |
| Aug 2021 | 5,435 | 66.02 | 4.22 | $22,939 |
| Jul 2021 | 5,501 | 70.78 | 3.98 | $21,905 |
| Jun 2021 | 5,557 | 69.49 | 3.38 | $18,786 |
| May 2021 | 5,991 | 63.48 | 3.02 | $18,079 |
| Apr 2021 | 6,007 | 60.36 | 2.76 | $16,570 |
| Mar 2021 | 6,225 | 61.30 | 2.72 | $16,913 |
| Feb 2021 | 4,077 | 57.80 | 5.55 | $22,619 |
| Jan 2021 | 5,867 | 50.41 | 2.81 | $16,488 |
| Dec 2020 | 5,903 | 44.64 | 2.68 | $15,793 |
| Nov 2020 | 5,193 | 38.77 | 2.71 | $14,055 |
| Oct 2020 | 5,483 | 36.97 | 2.48 | $13,589 |
| Sep 2020 | 5,140 | 37.09 | 1.99 | $10,234 |
| Aug 2020 | 5,299 | 39.98 | 2.39 | $12,639 |
| Jul 2020 | 5,863 | 38.37 | 1.83 | $10,701 |
| Jun 2020 | 5,776 | 34.90 | 1.69 | $9,763 |
| May 2020 | 6,254 | 16.92 | 1.81 | $11,349 |
| Apr 2020 | 5,767 | 14.75 | 1.80 | $10,406 |
| Mar 2020 | 6,119 | 30.34 | 1.86 | $11,358 |
| Feb 2020 | 5,979 | 49.88 | 1.98 | $11,842 |
| Jan 2020 | 6,564 | 57.25 | 2.09 | $13,750 |
| Dec 2019 | 6,675 | 59.01 | 2.30 | $15,382 |
| Nov 2019 | 6,445 | 55.30 | 2.75 | $17,728 |
| Oct 2019 | 6,580 | 53.47 | 2.42 | $15,914 |
| Sep 2019 | 6,245 | 55.05 | 2.66 | $16,595 |
| Aug 2019 | 6,467 | 53.11 | 2.30 | $14,902 |
| Jul 2019 | 6,578 | 56.27 | 2.46 | $16,182 |
| Jun 2019 | 6,259 | 52.78 | 2.49 | $15,592 |
| May 2019 | 6,749 | 58.48 | 2.74 | $18,494 |
| Apr 2019 | 6,885 | 62.63 | 2.75 | $18,939 |
| Mar 2019 | 7,145 | 56.80 | 3.06 | $21,879 |
| Feb 2019 | 6,125 | 50.85 | 2.79 | $17,102 |
| Jan 2019 | 2,737 | 46.03 | 3.23 | $8,836 |
| Dec 2018 | 7,647 | 46.59 | 4.19 | $32,006 |
| Nov 2018 | 7,131 | 52.93 | 4.24 | $30,216 |
| Oct 2018 | 7,730 | 61.44 | 3.40 | $26,267 |
| Sep 2018 | 7,451 | 59.54 | 3.11 | $23,158 |
| Aug 2018 | 7,937 | 59.40 | 3.07 | $24,339 |
| Jul 2018 | 7,889 | 65.14 | 2.93 | $23,130 |
| Jun 2018 | 7,819 | 60.18 | 3.08 | $24,058 |
| May 2018 | 8,178 | 65.38 | 2.90 | $23,723 |
| Apr 2018 | 8,074 | 63.84 | 2.90 | $23,421 |
| Mar 2018 | 8,710 | 61.22 | 2.79 | $24,273 |
| Feb 2018 | 8,126 | 61.78 | 2.77 | $22,477 |
| Jan 2018 | 9,238 | 62.87 | 4.01 | $37,038 |
| Dec 2017 | 9,068 | 57.27 | 2.92 | $26,492 |
| Nov 2017 | 8,163 | 55.42 | 3.12 | $25,455 |
| Oct 2017 | 8,854 | 49.29 | 2.98 | $26,418 |
| Sep 2017 | 8,626 | 47.52 | 3.09 | $26,631 |
| Aug 2017 | 9,131 | 45.37 | 3.00 | $27,433 |
| Jul 2017 | 9,289 | 43.87 | 3.09 | $28,678 |
| Jun 2017 | 9,074 | 42.49 | 3.09 | $28,014 |
| May 2017 | 9,644 | 45.37 | 3.26 | $31,472 |
| Apr 2017 | 9,795 | 47.93 | 3.21 | $31,458 |
| Mar 2017 | 10,505 | 46.77 | 2.98 | $31,344 |
| Feb 2017 | 9,584 | 50.45 | 2.95 | $28,298 |
| Jan 2017 | 10,619 | 49.41 | 3.42 | $36,304 |
| Dec 2016 | 10,676 | 48.76 | 3.72 | $39,745 |
| Nov 2016 | 10,265 | 42.49 | 2.64 | $27,144 |
| Oct 2016 | 10,700 | 46.19 | 3.09 | $33,066 |
| Sep 2016 | 10,389 | 41.55 | 3.10 | $32,212 |
| Aug 2016 | 10,959 | 41.44 | 2.92 | $32,048 |
| Jul 2016 | 11,062 | 41.62 | 2.92 | $32,349 |
| Jun 2016 | 10,505 | 45.35 | 2.69 | $28,215 |
| May 2016 | 11,005 | 42.52 | 1.99 | $21,911 |
| Apr 2016 | 10,679 | 36.56 | 1.99 | $21,262 |
| Mar 2016 | 10,995 | 33.01 | 1.79 | $19,725 |
| Feb 2016 | 10,559 | 26.47 | 2.06 | $21,790 |
| Jan 2016 | 11,371 | 27.35 | 2.36 | $26,885 |
| Dec 2015 | 10,964 | 32.36 | 2.00 | $21,943 |
| Nov 2015 | 10,768 | 38.79 | 2.17 | $23,338 |
| Oct 2015 | 11,445 | 43.55 | 2.43 | $27,772 |
| Sep 2015 | 11,011 | 42.99 | 2.76 | $30,373 |
| Aug 2015 | 11,500 | 40.16 | 2.87 | $33,034 |
| Jul 2015 | 11,265 | 48.15 | 2.95 | $33,176 |
| Jun 2015 | 11,299 | 56.15 | 2.88 | $32,573 |
| May 2015 | 10,981 | 55.21 | 2.96 | $32,454 |
| Apr 2015 | 11,887 | 49.82 | 2.71 | $32,173 |
| Mar 2015 | 12,293 | 42.89 | 2.93 | $36,076 |
| Feb 2015 | 11,691 | 44.66 | 2.98 | $34,795 |
| Jan 2015 | 12,859 | 43.43 | 3.10 | $39,871 |
| Dec 2014 | 13,173 | 54.69 | 3.59 | $47,309 |
| Nov 2014 | 12,039 | 70.46 | 4.25 | $51,188 |
| Oct 2014 | 12,593 | 78.30 | 3.90 | $49,125 |
| Sep 2014 | 11,874 | 86.16 | 4.05 | $48,036 |
| Aug 2014 | 12,703 | 89.39 | 4.04 | $51,258 |
| Jul 2014 | 12,746 | 96.56 | 4.18 | $53,273 |
| Jun 2014 | 12,785 | 98.16 | 4.74 | $60,561 |
| May 2014 | 13,480 | 94.73 | 4.73 | $63,714 |
| Apr 2014 | 13,333 | 95.94 | 4.81 | $64,120 |
| Mar 2014 | 13,653 | 95.89 | 5.06 | $69,040 |
| Feb 2014 | 12,633 | 97.40 | 6.19 | $78,224 |
| Jan 2014 | 13,339 | 90.40 | 4.86 | $64,837 |
| Dec 2013 | 14,509 | 91.82 | 4.35 | $63,179 |
| Nov 2013 | 13,664 | 88.85 | 3.74 | $51,080 |
| Oct 2013 | 12,345 | 97.42 | 3.78 | $46,656 |
| Sep 2013 | 11,950 | 104.11 | 3.72 | $44,427 |
| Aug 2013 | 12,957 | 104.25 | 3.52 | $45,642 |
| Jul 2013 | 13,885 | 102.52 | 3.72 | $51,621 |
| Jun 2013 | 13,552 | 94.40 | 3.93 | $53,306 |
| May 2013 | 15,856 | 94.83 | 4.15 | $65,788 |
| Apr 2013 | 16,731 | 93.96 | 4.28 | $71,652 |
| Mar 2013 | 17,691 | 93.62 | 3.91 | $69,223 |
| Feb 2013 | 16,363 | 91.23 | 3.42 | $55,960 |
| Jan 2013 | 18,515 | 91.60 | 3.42 | $63,320 |
| Dec 2012 | 18,569 | 86.77 | 3.42 | $63,509 |
| Nov 2012 | 18,805 | 86.95 | 3.62 | $68,167 |
| Oct 2012 | 19,817 | 89.38 | 3.40 | $67,371 |
| Sep 2012 | 19,469 | 94.67 | 2.92 | $56,818 |
| Aug 2012 | 20,773 | 92.66 | 2.91 | $60,411 |
| Jul 2012 | 20,824 | 85.13 | 3.02 | $62,905 |
| Jun 2012 | 20,571 | 79.82 | 2.52 | $51,819 |
| May 2012 | 21,728 | 91.61 | 2.49 | $54,066 |
| Apr 2012 | 21,140 | 101.65 | 2.00 | $42,212 |
| Mar 2012 | 22,322 | 105.05 | 2.22 | $49,601 |
| Feb 2012 | 20,819 | 101.10 | 2.57 | $53,510 |
| Jan 2012 | 22,684 | 98.09 | 2.73 | $62,020 |
| Dec 2011 | 22,780 | 96.87 | 3.24 | $73,801 |
| Nov 2011 | 22,826 | 95.72 | 3.31 | $75,583 |
| Oct 2011 | 24,346 | 84.98 | 3.65 | $88,827 |
| Sep 2011 | 23,264 | 83.62 | 3.99 | $92,726 |
| Aug 2011 | 24,243 | 83.40 | 4.15 | $100,592 |
| Jul 2011 | 24,419 | 94.14 | 4.52 | $110,306 |
| Jun 2011 | 23,663 | 92.90 | 4.64 | $109,793 |
| May 2011 | 24,807 | 98.13 | 4.40 | $109,270 |
| Apr 2011 | 23,733 | 105.96 | 4.33 | $102,842 |
| Mar 2011 | 25,606 | 96.36 | 4.06 | $103,892 |
| Feb 2011 | 27,957 | 85.64 | 4.18 | $116,860 |
| Jan 2011 | 27,788 | 86.50 | 4.59 | $127,513 |
| Dec 2010 | 28,743 | 85.73 | 4.35 | $124,967 |
| Nov 2010 | 28,631 | 80.84 | 3.80 | $108,664 |
| Oct 2010 | 29,321 | 78.10 | 3.51 | $102,884 |
| Sep 2010 | 28,648 | 72.63 | 3.98 | $114,004 |
| Aug 2010 | 30,107 | 73.68 | 4.42 | $133,054 |
| Jul 2010 | 32,050 | 72.55 | 4.74 | $151,805 |
| Jun 2010 | 32,157 | 70.36 | 4.91 | $157,904 |
| May 2010 | 34,851 | 71.12 | 4.24 | $147,602 |
| Apr 2010 | 0 | 81.69 | 4.12 | $0 |
| Mar 2010 | 36,581 | 78.39 | 4.39 | $160,542 |
| Feb 2010 | 34,249 | 73.58 | 5.44 | $186,395 |
| Jan 2010 | 39,215 | 74.36 | 5.96 | $233,882 |
| Dec 2009 | 30,699 | 71.44 | 5.48 | $168,346 |
| Nov 2009 | 31,281 | 74.59 | 3.75 | $117,351 |
| Oct 2009 | 33,304 | 72.54 | 4.11 | $136,888 |
| Sep 2009 | 32,591 | 65.54 | 3.06 | $99,883 |
| Aug 2009 | 32,021 | 67.42 | 3.22 | $103,060 |
| Jul 2009 | 136 | 61.13 | 3.46 | $471 |
| Jun 2009 | 39,087 | 66.16 | 3.90 | $152,244 |
| May 2009 | 51,438 | 54.74 | 3.93 | $201,933 |
| Apr 2009 | 51,905 | 46.77 | 3.59 | $186,209 |
| Mar 2009 | 54,858 | 42.14 | 4.06 | $222,669 |
| Feb 2009 | 50,509 | 32.81 | 4.63 | $234,008 |
| Jan 2009 | 61,719 | 35.86 | 5.37 | $331,493 |
| Dec 2008 | 62,657 | 37.10 | 5.98 | $374,510 |
| Nov 2008 | 62,012 | 55.49 | 6.86 | $425,425 |
| Oct 2008 | 67,141 | 75.24 | 6.92 | $464,749 |
| Sep 2008 | 72,338 | 101.76 | 7.88 | $569,813 |
| Aug 2008 | 71,722 | 114.22 | 8.48 | $608,419 |
| Jul 2008 | 82,310 | 131.08 | 11.39 | $937,464 |
| Jun 2008 | 87,655 | 131.33 | 13.03 | $1,142,375 |
| May 2008 | 94,735 | 123.17 | 11.57 | $1,096,490 |
| Apr 2008 | 106,398 | 110.31 | 10.45 | $1,112,376 |
| Mar 2008 | 129,669 | 101.90 | 9.66 | $1,253,130 |
| Feb 2008 | 73,233 | 92.53 | 8.77 | $642,296 |
| Jan 2008 | 78,644 | 90.38 | 8.21 | $645,331 |
| Dec 2007 | 104,759 | 88.33 | 7.30 | $764,947 |
| Nov 2007 | 21,822 | 91.67 | 7.29 | $159,119 |
| Oct 2007 | 0 | 82.85 | 6.92 | $0 |
| Sep 2007 | 0 | 75.84 | 6.24 | $0 |
| Aug 2007 | 0 | 69.06 | 6.39 | $0 |
| Jul 2007 | 0 | 70.90 | 6.39 | $0 |
| Jun 2007 | 122,966 | 62.00 | 7.55 | $928,203 |
| May 2007 | 207,438 | 58.74 | 7.85 | $1,627,617 |
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
Gas 4,012 Mcf × $ 3.05 = $12,220 ──────────────────────────────────────────────────── Month total $12,220
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/231480 is the state's own key, not one this site invented.