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 231604District 09Field 65280200CondensateGasSaveExport
Value, all time
$13.8 M
May 2007 – May 2026
Value, last 12 filed months
$98 k
at the published price for each month
Months reported
229
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
GasProduction2,553,607 Mcf$13,841,297
Total$13,841,344

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 20260779106.413.05$2,373
Apr 202601,26898.932.87$3,639
Mar 202601,69289.753.15$5,329
Feb 202601,11563.503.75$4,182
Jan 202602,21659.138.00$17,723
Dec 202502,66656.664.41$11,766
Nov 202502,05658.593.93$8,073
Oct 202502,62859.383.30$8,685
Sep 202502,84462.743.08$8,751
Aug 202502,93363.933.01$8,842
Jul 202502,95466.743.32$9,793
Jun 202502,96166.483.13$9,264
May 202502,92760.553.23$9,461
Apr 202502,92762.363.54$10,371
Mar 202503,10767.704.27$13,262
Feb 202503,07470.884.34$13,344
Jan 202503,31674.324.28$14,188
Dec 202403,66968.993.12$11,452
Nov 202403,69169.052.20$8,114
Oct 202403,95971.372.28$9,032
Sep 202404,03169.612.36$9,531
Aug 20240075.632.06$0
Jul 202404,33779.932.15$9,310
Jun 202402,87378.082.63$7,567
May 202403,52478.812.20$7,747
Apr 202403,11684.451.66$5,170
Mar 202403,21180.301.55$4,961
Feb 202403,22576.091.78$5,752
Jan 202403,25573.023.30$10,734
Dec 202303,38771.262.61$8,843
Nov 202303,45077.892.81$9,686
Oct 202303,90385.443.09$12,050
Sep 202303,90489.042.74$10,678
Aug 202304,39280.522.67$11,739
Jul 202304,66674.852.64$12,327
Jun 202304,49768.962.26$10,156
May 202304,47770.622.23$9,972
Apr 202304,01978.122.24$8,994
Mar 202304,10272.852.39$9,817
Feb 202303,98575.112.47$9,826
Jan 202304,77376.533.39$16,170
Dec 202204,73576.415.73$27,127
Nov 202204,89085.005.65$27,610
Oct 202205,31887.185.86$31,183
Sep 202205,43184.888.16$44,337
Aug 202205,71794.529.13$52,180
Jul 202205,404101.587.54$40,757
Jun 202205,358115.097.98$42,742
May 202205,551109.378.43$46,812
Apr 202205,128104.226.84$35,063
Mar 202204,020108.885.08$20,407
Feb 202202,90391.054.86$14,105
Jan 202203,30781.844.54$15,006
Dec 202103,81071.323.90$14,856
Nov 202104,57377.435.24$23,948
Oct 202104,06679.795.71$23,233
Sep 202104,09869.865.35$21,928
Aug 202104,53966.024.22$19,157
Jul 202105,31970.783.98$21,181
Jun 202105,41569.493.38$18,306
May 202105,40463.483.02$16,307
Apr 202105,63360.362.76$15,538
Mar 202106,74461.302.72$18,323
Feb 202104,16257.805.55$23,091
Jan 202105,51750.412.81$15,504
Dec 202005,05944.642.68$13,535
Nov 202004,96738.772.71$13,444
Oct 202005,47536.972.48$13,569
Sep 202005,24337.091.99$10,439
Aug 202005,03739.982.39$12,014
Jul 202005,32938.371.83$9,726
Jun 202005,24734.901.69$8,869
May 202005,28516.921.81$9,591
Apr 202005,15614.751.80$9,303
Mar 202005,29030.341.86$9,819
Feb 202004,81049.881.98$9,527
Jan 202004,95957.252.09$10,388
Dec 201904,78159.012.30$11,017
Nov 201904,80955.302.75$13,228
Oct 201904,73753.472.42$11,457
Sep 201904,85455.052.66$12,898
Aug 201904,87253.112.30$11,227
Jul 201904,86056.272.46$11,956
Jun 201904,77452.782.49$11,893
May 201905,19858.482.74$14,244
Apr 201905,54662.632.75$15,255
Mar 201905,03556.803.06$15,418
Feb 201904,21850.852.79$11,778
Jan 201904,74146.033.23$15,305
Dec 201814,88746.594.19$20,501
Nov 201804,97952.934.24$21,097
Oct 201805,26161.443.40$17,877
Sep 201805,08359.543.11$15,798
Aug 201805,17559.403.07$15,869
Jul 201804,85665.142.93$14,237
Jun 201804,38260.183.08$13,483
May 201804,41665.382.90$12,810
Apr 201804,39163.842.90$12,737
Mar 201804,61461.222.79$12,858
Feb 201804,42161.782.77$12,229
Jan 201805,14262.874.01$20,616
Dec 201705,47657.272.92$15,998
Nov 201705,19155.423.12$16,187
Oct 201705,17349.292.98$15,435
Sep 201704,95447.523.09$15,294
Aug 201704,99645.373.00$15,010
Jul 201704,96043.873.09$15,313
Jun 201704,38242.493.09$13,528
May 201705,44045.373.26$17,753
Apr 201705,17347.933.21$16,614
Mar 201705,60246.772.98$16,715
Feb 201705,10550.452.95$15,073
Jan 201705,53749.413.42$18,930
Dec 201605,82348.763.72$21,678
Nov 201606,05342.492.64$16,006
Oct 201606,55946.193.09$20,269
Sep 201606,50841.553.10$20,179
Aug 201606,85941.442.92$20,058
Jul 201606,68941.622.92$19,561
Jun 201606,38445.352.69$17,146
May 201606,33342.521.99$12,609
Apr 201605,99736.561.99$11,940
Mar 201606,77533.011.79$12,154
Feb 201606,00226.472.06$12,386
Jan 201605,64927.352.36$13,356
Dec 201505,73332.362.00$11,474
Nov 201506,50638.792.17$14,101
Oct 201506,78643.552.43$16,467
Sep 201506,38042.992.76$17,599
Aug 201506,50340.162.87$18,680
Jul 201506,42848.152.95$18,931
Jun 201506,59956.152.88$19,024
May 201507,41255.212.96$21,906
Apr 201506,92849.822.71$18,751
Mar 201506,68942.892.93$19,630
Feb 201506,30844.662.98$18,774
Jan 201506,86843.433.10$21,295
Dec 201407,11654.693.59$25,556
Nov 201406,59770.464.25$28,049
Oct 201407,14078.303.90$27,853
Sep 201406,90886.164.05$27,946
Aug 201407,08889.394.04$28,601
Jul 201407,76196.564.18$32,438
Jun 201407,59098.164.74$35,953
May 201407,98994.734.73$37,760
Apr 201407,89495.944.81$37,963
Mar 201407,54495.895.06$38,149
Feb 201407,27797.406.19$45,059
Jan 201406,15990.404.86$29,937
Dec 201306,11391.824.35$26,619
Nov 201306,70588.853.74$25,065
Oct 201307,07197.423.78$26,724
Sep 201306,706104.113.72$24,931
Aug 201304,686104.253.52$16,507
Jul 201306,587102.523.72$24,489
Jun 201307,13294.403.93$28,053
May 201307,56394.834.15$31,379
Apr 201308,41293.964.28$36,025
Mar 201308,55193.623.91$33,459
Feb 201307,49991.233.42$25,646
Jan 201307,21991.603.42$24,688
Dec 201209,80686.773.42$33,538
Nov 2012010,92286.953.62$39,592
Oct 201209,91789.383.40$33,715
Sep 201206,48594.672.92$18,926
Aug 201207,88292.662.91$22,922
Jul 201207,60785.133.02$22,979
Jun 201209,78679.822.52$24,651
May 2012012,05591.612.49$29,997
Apr 2012011,053101.652.00$22,071
Mar 2012011,076105.052.22$24,612
Feb 201209,164101.102.57$23,554
Jan 2012011,00898.092.73$30,097
Dec 2011012,26796.873.24$39,742
Nov 2011010,14895.723.31$33,603
Oct 2011011,04984.983.65$40,313
Sep 2011010,96483.623.99$43,700
Aug 2011010,70383.404.15$44,410
Jul 2011011,61394.144.52$52,459
Jun 2011012,46192.904.64$57,818
May 2011012,68198.134.40$55,858
Apr 2011012,087105.964.33$52,376
Mar 2011012,80196.364.06$51,938
Feb 2011011,73685.644.18$49,056
Jan 2011013,59686.504.59$62,389
Dec 2010013,56485.734.35$58,973
Nov 2010012,91980.843.80$49,032
Oct 2010012,84478.103.51$45,068
Sep 2010013,70772.633.98$54,547
Aug 2010015,11773.684.42$66,807
Jul 2010016,37872.554.74$77,574
Jun 2010012,82770.364.91$62,986
May 2010016,42771.124.24$69,572
Apr 2010015,79881.694.12$65,130
Mar 2010018,02078.394.39$79,084
Feb 2010017,08473.585.44$92,977
Jan 2010018,71174.365.96$111,594
Dec 2009019,39971.445.48$106,379
Nov 2009013,88574.593.75$52,090
Oct 2009016,05072.544.11$65,970
Sep 2009020,14765.543.06$61,746
Aug 2009022,11167.423.22$71,164
Jul 2009023,11861.133.46$80,092
Jun 2009022,11866.163.90$86,150
May 2009023,80154.743.93$93,437
Apr 2009023,78146.773.59$85,314
Mar 2009025,48542.144.06$103,444
Feb 2009024,04232.814.63$111,387
Jan 2009028,45635.865.37$152,837
Dec 2008029,95037.105.98$179,015
Nov 2008029,97655.496.86$205,646
Oct 2008032,72675.246.92$226,529
Sep 2008032,005101.767.88$252,106
Aug 2008029,734114.228.48$252,234
Jul 2008040,764131.0811.39$464,279
Jun 2008037,678131.3313.03$491,043
May 2008043,197123.1711.57$499,975
Apr 2008041,365110.3110.45$432,465
Mar 2008043,612101.909.66$421,469
Feb 2008045,07392.538.77$395,316
Jan 2008050,73390.388.21$416,301
Dec 2007054,05788.337.30$394,723
Nov 2007057,69391.677.29$420,680
Oct 2007067,60782.856.92$467,974
Sep 2007073,30675.846.24$457,734
Aug 2007088,61769.066.39$566,080
Jul 20070105,34470.906.39$672,931
Jun 20070125,44262.007.55$946,893
May 200707,16558.747.85$56,219

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                  779 Mcf  × $  3.05 =     $2,373

────────────────────────────────────────────────────
Month total                                   $2,373

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/231604 is the state's own key, not one this site invented.