CLEMENTS

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 231482District 09Field 65280200CondensateGasSaveExport
Value, all time
$9.3 M
Apr 2007 – May 2026
Value, last 12 filed months
$107 k
at the published price for each month
Months reported
230
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
CondensateDisposition65 bbl$5,099
GasProduction1,543,988 Mcf$9,282,140
Total$9,287,239

Every month this lease reported (230)

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

230 months

May 202632,550106.413.05$8,086
Apr 202641,89498.932.87$5,831
Mar 2026393889.753.15$3,223
Feb 2026373463.503.75$2,943
Jan 202603,07159.138.00$24,562
Dec 202512,28256.664.41$10,128
Nov 202512,32658.593.93$9,191
Oct 202512,86759.383.30$9,534
Sep 202512,68562.743.08$8,324
Aug 202502,81263.933.01$8,478
Jul 202512,81766.743.32$9,406
Jun 202542,22266.483.13$7,218
May 2025279760.553.23$2,697
Apr 202531,53862.363.54$5,636
Mar 202551,23967.704.27$5,627
Feb 2025054670.884.34$2,370
Jan 20250074.324.28$0
Dec 20240268.993.12$6
Nov 20240369.052.20$7
Oct 202411,39571.372.28$3,254
Sep 202402,62669.612.36$6,209
Aug 20241075.632.06$76
Jul 202413,02579.932.15$6,573
Jun 202411,82678.082.63$4,888
May 202421,87178.812.20$4,271
Apr 202413,52084.451.66$5,925
Mar 202413,94080.301.55$6,168
Feb 202403,46076.091.78$6,171
Jan 202401,23073.023.30$4,056
Dec 202309871.262.61$256
Nov 2023027777.892.81$778
Oct 2023018985.443.09$584
Sep 2023010589.042.74$287
Aug 2023142480.522.67$1,214
Jul 2023176274.852.64$2,088
Jun 2023170168.962.26$1,652
May 2023158670.622.23$1,376
Apr 2023138378.122.24$935
Mar 2023224172.852.39$722
Feb 2023127875.112.47$761
Jan 2023095776.533.39$3,242
Dec 2022179976.415.73$4,654
Nov 2022088885.005.65$5,014
Oct 202201,16687.185.86$6,837
Sep 2022198284.888.16$8,102
Aug 202201,08994.529.13$9,939
Jul 20221900101.587.54$6,889
Jun 20221497115.097.98$4,080
May 20221594109.378.43$5,119
Apr 20222801104.226.84$5,685
Mar 20221755108.885.08$3,942
Feb 202211,06091.054.86$5,241
Jan 2022199081.844.54$4,574
Dec 2021098171.323.90$3,825
Nov 202101,01077.435.24$5,289
Oct 2021168679.795.71$4,000
Sep 2021093169.865.35$4,982
Aug 202111,23666.024.22$5,283
Jul 2021097670.783.98$3,887
Jun 2021194669.493.38$3,268
May 2021191363.483.02$2,819
Apr 2021099560.362.76$2,745
Mar 2021033061.302.72$897
Feb 2021012157.805.55$671
Jan 2021026850.412.81$753
Dec 2020075844.642.68$2,028
Nov 2020094338.772.71$2,552
Oct 202001,34836.972.48$3,341
Sep 2020016937.091.99$336
Aug 2020017839.982.39$425
Jul 202001,02838.371.83$1,876
Jun 2020091234.901.69$1,542
May 202001,11416.921.81$2,022
Apr 202001,24814.751.80$2,252
Mar 202001,27730.341.86$2,370
Feb 202001,51149.881.98$2,993
Jan 202001,50857.252.09$3,159
Dec 201901,07359.012.30$2,473
Nov 201901,32955.302.75$3,656
Oct 201901,10553.472.42$2,672
Sep 2019092955.052.66$2,469
Aug 201901,21353.112.30$2,795
Jul 2019099956.272.46$2,458
Jun 201901,15052.782.49$2,865
May 201901,16758.482.74$3,198
Apr 201901,69662.632.75$4,665
Mar 201901,33856.803.06$4,097
Feb 201901,10950.852.79$3,097
Jan 201901,01546.033.23$3,277
Dec 201801,03046.594.19$4,311
Nov 2018097252.934.24$4,119
Oct 201801,07461.443.40$3,650
Sep 201801,10459.543.11$3,431
Aug 201801,58259.403.07$4,851
Jul 201802,17165.142.93$6,365
Jun 201802,41160.183.08$7,418
May 201802,03365.382.90$5,897
Apr 201801,65663.842.90$4,804
Mar 201801,22861.222.79$3,422
Feb 201801,67261.782.77$4,625
Jan 201801,95662.874.01$7,842
Dec 201701,04657.272.92$3,056
Nov 2017099555.423.12$3,103
Oct 2017097149.292.98$2,897
Sep 201701,36947.523.09$4,226
Aug 201701,35945.373.00$4,083
Jul 201701,31443.873.09$4,057
Jun 201701,51442.493.09$4,674
May 201701,45145.373.26$4,735
Apr 201701,52547.933.21$4,898
Mar 201701,90046.772.98$5,669
Feb 201702,18350.452.95$6,446
Jan 201701,87149.413.42$6,397
Dec 201601,02248.763.72$3,805
Nov 201602,35242.492.64$6,220
Oct 201601,70146.193.09$5,257
Sep 2016051841.553.10$1,606
Aug 201601,35641.442.92$3,965
Jul 201601,71441.622.92$5,012
Jun 201601,39645.352.69$3,749
May 2016090442.521.99$1,800
Apr 2016057436.561.99$1,143
Mar 201601,08833.011.79$1,952
Feb 201601,72926.472.06$3,568
Jan 201601,59127.352.36$3,762
Dec 201503,02032.362.00$6,044
Nov 201502,07938.792.17$4,506
Oct 201502,14343.552.43$5,200
Sep 201502,30042.992.76$6,344
Aug 201502,86140.162.87$8,218
Jul 201502,76348.152.95$8,137
Jun 201502,08356.152.88$6,005
May 201503,78555.212.96$11,186
Apr 201513,23449.822.71$8,803
Mar 201502,54142.892.93$7,457
Feb 201502,75744.662.98$8,205
Jan 201502,64543.433.10$8,201
Dec 201403,27154.693.59$11,747
Nov 201403,09370.464.25$13,151
Oct 201402,28278.303.90$8,902
Sep 201412,95686.164.05$12,044
Aug 201403,32589.394.04$13,417
Jul 201403,63796.564.18$15,201
Jun 201403,69298.164.74$17,489
May 201404,27494.734.73$20,201
Apr 201403,93795.944.81$18,934
Mar 201404,48695.895.06$22,685
Feb 201404,90097.406.19$30,341
Jan 201406,29990.404.86$30,618
Dec 201306,20391.824.35$27,011
Nov 201304,41188.853.74$16,490
Oct 201306,25097.423.78$23,621
Sep 201304,131104.113.72$15,358
Aug 201304,089104.253.52$14,404
Jul 201304,280102.523.72$15,912
Jun 201316,18194.403.93$24,407
May 201304,74494.834.15$19,683
Apr 201304,04093.964.28$17,302
Mar 201304,95193.623.91$19,373
Feb 201305,14191.233.42$17,582
Jan 201304,83491.603.42$16,532
Dec 201204,12486.773.42$14,105
Nov 201204,51986.953.62$16,381
Oct 201204,97489.383.40$16,910
Sep 201204,55994.672.92$13,305
Aug 201204,42592.662.91$12,869
Jul 201204,62085.133.02$13,956
Jun 201206,26479.822.52$15,779
May 201207,91591.612.49$19,695
Apr 201207,614101.652.00$15,204
Mar 201207,416105.052.22$16,479
Feb 201205,663101.102.57$14,555
Jan 201206,40498.092.73$17,509
Dec 201106,85796.873.24$22,215
Nov 201106,89395.723.31$22,825
Oct 201106,93084.983.65$25,284
Sep 201106,16883.623.99$24,584
Aug 201104,08283.404.15$16,938
Jul 201103,72694.144.52$16,831
Jun 201104,13492.904.64$19,181
May 201104,63498.134.40$20,412
Apr 201104,197105.964.33$18,187
Mar 201103,77096.364.06$15,296
Feb 201105,93685.644.18$24,812
Jan 201108,15286.504.59$37,408
Dec 201005,88485.734.35$25,582
Nov 201004,94380.843.80$18,760
Oct 2010051578.103.51$1,807
Sep 201009,03872.633.98$35,966
Aug 201006,46673.684.42$28,576
Jul 201002,69172.554.74$12,746
Jun 201005,35670.364.91$26,300
May 201009,99371.124.24$42,323
Apr 201005,74081.694.12$23,664
Mar 2010014,53378.394.39$63,781
Feb 2010014,83073.585.44$80,710
Jan 2010017,27274.365.96$103,012
Dec 2009016,64371.445.48$91,266
Nov 200905,75974.593.75$21,605
Oct 2009015,92472.544.11$65,452
Sep 200909,20065.543.06$28,196
Aug 200905,40567.423.22$17,396
Jul 200909,26561.133.46$32,099
Jun 2009014,65566.163.90$57,081
May 2009014,60854.743.93$57,347
Apr 200905,88846.773.59$21,123
Mar 2009020,13642.144.06$81,732
Feb 2009021,12532.814.63$97,872
Jan 2009020,75435.865.37$111,470
Dec 2008022,13337.105.98$132,292
Nov 2008021,30055.496.86$146,126
Oct 2008025,87775.246.92$179,120
Sep 2008023,757101.767.88$187,136
Aug 2008020,782114.228.48$176,294
Jul 2008031,194131.0811.39$355,282
Jun 2008031,135131.3313.03$405,771
May 2008018,007123.1711.57$208,418
Apr 200800110.3110.45$0
Mar 200804,786101.909.66$46,252
Feb 2008041,22392.538.77$361,550
Jan 2008048,13390.388.21$394,966
Dec 2007051,93088.337.30$379,191
Nov 2007030,59791.677.29$223,104
Oct 2007057,52982.856.92$398,215
Sep 2007056,23175.846.24$351,115
Aug 2007064,62369.066.39$412,808
Jul 2007075,48770.906.39$482,206
Jun 2007072,18362.007.55$544,870
May 2007089,97858.747.85$705,993
Apr 2007071,30659.617.81$556,558

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             3 bbl  × $106.41 =       $319
Gas                2,550 Mcf  × $  3.05 =     $7,767

────────────────────────────────────────────────────
Month total                                   $8,086

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/231482 is the state's own key, not one this site invented.