SOUTHARD FARMS

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 231606District 09Field 65280200CondensateGasSaveExport
Value, all time
$9.1 M
Jun 2007 – May 2026
Value, last 12 filed months
$112 k
at the published price for each month
Months reported
228
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
CondensateDisposition11 bbl$872
GasProduction1,771,396 Mcf$9,107,072
Total$9,107,943

Every month this lease reported (228)

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

228 months

May 202612,610106.413.05$8,056
Apr 202612,74298.932.87$7,968
Mar 202612,41089.753.15$7,680
Feb 202612,08763.503.75$7,890
Jan 202602,57559.138.00$20,595
Dec 202502,54356.664.41$11,223
Nov 202502,34958.593.93$9,223
Oct 202503,01459.383.30$9,961
Sep 202502,43562.743.08$7,492
Aug 202503,29163.933.01$9,922
Jul 202502,24166.743.32$7,429
Jun 202511,30366.483.13$4,143
May 202512,15560.553.23$7,026
Apr 202511,02962.363.54$3,708
Mar 202511,32567.704.27$5,723
Feb 202502,36170.884.34$10,249
Jan 202502,35874.324.28$10,089
Dec 202402,90668.993.12$9,071
Nov 202402,51969.052.20$5,538
Oct 202401,61971.372.28$3,694
Sep 202402,38369.612.36$5,634
Aug 20240075.632.06$0
Jul 202402,09779.932.15$4,501
Jun 202402,32878.082.63$6,132
May 202412,67978.812.20$5,968
Apr 202402,47984.451.66$4,113
Mar 202402,78180.301.55$4,297
Feb 202402,60176.091.78$4,639
Jan 202403,13173.023.30$10,325
Dec 202303,37071.262.61$8,798
Nov 202302,76977.892.81$7,774
Oct 202303,01785.443.09$9,314
Sep 202302,98189.042.74$8,153
Aug 202303,13880.522.67$8,388
Jul 202303,05074.852.64$8,057
Jun 202303,05268.962.26$6,893
May 202302,77170.622.23$6,172
Apr 202302,78278.122.24$6,225
Mar 202313,15172.852.39$7,614
Feb 202302,89475.112.47$7,136
Jan 202303,16776.533.39$10,729
Dec 202202,92376.415.73$16,746
Nov 202203,27185.005.65$18,469
Oct 202203,46487.185.86$20,312
Sep 202203,24984.888.16$26,524
Aug 202202,98994.529.13$27,281
Jul 202203,187101.587.54$24,037
Jun 202203,328115.097.98$26,548
May 202203,418109.378.43$28,824
Apr 202213,227104.226.84$22,169
Mar 202203,628108.885.08$18,417
Feb 202203,25791.054.86$15,825
Jan 202203,79981.844.54$17,239
Dec 202103,98471.323.90$15,534
Nov 202103,02977.435.24$15,862
Oct 202103,24979.795.71$18,564
Sep 202102,97969.865.35$15,940
Aug 202103,39266.024.22$14,316
Jul 202103,44970.783.98$13,734
Jun 202103,14469.493.38$10,629
May 202103,44463.483.02$10,393
Apr 202101,94360.362.76$5,360
Mar 202104,38961.302.72$11,925
Feb 202101,61357.805.55$8,949
Jan 202103,53650.412.81$9,937
Dec 202003,61844.642.68$9,680
Nov 202003,54238.772.71$9,587
Oct 202003,47336.972.48$8,608
Sep 202003,26737.091.99$6,505
Aug 202003,70539.982.39$8,837
Jul 202002,72838.371.83$4,979
Jun 202002,28434.901.69$3,861
May 202003,01116.921.81$5,464
Apr 202003,40914.751.80$6,151
Mar 202003,38930.341.86$6,291
Feb 202003,09149.881.98$6,122
Jan 202003,29057.252.09$6,892
Dec 201903,23459.012.30$7,452
Nov 201903,16455.302.75$8,703
Oct 201903,43153.472.42$8,298
Sep 201903,38155.052.66$8,984
Aug 201903,45353.112.30$7,957
Jul 201903,48956.272.46$8,583
Jun 201903,39252.782.49$8,450
May 201903,67058.482.74$10,057
Apr 201903,60962.632.75$9,927
Mar 201903,45456.803.06$10,576
Feb 201903,22850.852.79$9,013
Jan 201903,45146.033.23$11,140
Dec 201803,57346.594.19$14,955
Nov 201803,42552.934.24$14,513
Oct 201803,50261.443.40$11,900
Sep 201803,66159.543.11$11,378
Aug 201803,78459.403.07$11,604
Jul 201803,76065.142.93$11,024
Jun 201803,44460.183.08$10,597
May 201803,58065.382.90$10,385
Apr 201803,42663.842.90$9,938
Mar 201803,57061.222.79$9,949
Feb 201803,53261.782.77$9,770
Jan 201803,90262.874.01$15,644
Dec 201703,88957.272.92$11,362
Nov 201703,72555.423.12$11,616
Oct 201703,63349.292.98$10,840
Sep 201703,10147.523.09$9,574
Aug 201703,95145.373.00$11,870
Jul 201703,89643.873.09$12,028
Jun 201703,72142.493.09$11,488
May 201703,70345.373.26$12,084
Apr 201703,81047.933.21$12,236
Mar 201704,26246.772.98$12,716
Feb 201704,06350.452.95$11,996
Jan 201704,19749.413.42$14,349
Dec 201604,38148.763.72$16,310
Nov 201604,46542.492.64$11,807
Oct 201604,72246.193.09$14,592
Sep 201604,33941.553.10$13,454
Aug 201604,53041.442.92$13,247
Jul 201604,01441.622.92$11,738
Jun 201603,76845.352.69$10,120
May 201604,36142.521.99$8,683
Apr 201604,72536.561.99$9,408
Mar 201605,23333.011.79$9,388
Feb 201604,65626.472.06$9,608
Jan 201604,74127.352.36$11,209
Dec 201504,83532.362.00$9,677
Nov 201504,54038.792.17$9,840
Oct 201504,90443.552.43$11,900
Sep 201504,89042.992.76$13,489
Aug 201505,31040.162.87$15,253
Jul 201504,94848.152.95$14,572
Jun 201504,91156.152.88$14,158
May 201505,41955.212.96$16,016
Apr 201505,32049.822.71$14,399
Mar 201505,56342.892.93$16,326
Feb 201504,89644.662.98$14,571
Jan 201505,87043.433.10$18,201
Dec 201405,78654.693.59$20,780
Nov 201405,93870.464.25$25,247
Oct 201406,52778.303.90$25,462
Sep 201405,91186.164.05$23,913
Aug 201406,26489.394.04$25,276
Jul 201406,15896.564.18$25,738
Jun 201405,92998.164.74$28,085
May 201406,31094.734.73$29,825
Apr 201405,87995.944.81$28,273
Mar 201406,26195.895.06$31,661
Feb 201405,82997.406.19$36,093
Jan 201407,11990.404.86$34,603
Dec 201306,99691.824.35$30,464
Nov 201306,51388.853.74$24,347
Oct 201307,18997.423.78$27,170
Sep 201307,191104.113.72$26,734
Aug 201307,895104.253.52$27,811
Jul 201307,498102.523.72$27,876
Jun 201306,67894.403.93$26,267
May 201306,77694.834.15$28,114
Apr 201306,67893.964.28$28,599
Mar 201306,34193.623.91$24,812
Feb 201304,97491.233.42$17,011
Jan 201305,63691.603.42$19,275
Dec 201207,84386.773.42$26,824
Nov 201207,28786.953.62$26,415
Oct 201209,69489.383.40$32,957
Sep 201209,24494.672.92$26,978
Aug 201206,57192.662.91$19,110
Jul 201207,46485.133.02$22,547
Jun 201209,12679.822.52$22,989
May 201208,73091.612.49$21,723
Apr 201208,406101.652.00$16,785
Mar 201209,026105.052.22$20,056
Feb 201209,484101.102.57$24,376
Jan 201209,07898.092.73$24,820
Dec 201109,96796.873.24$32,290
Nov 2011011,05495.723.31$36,603
Oct 2011010,20484.983.65$37,230
Sep 2011010,16883.623.99$40,528
Aug 2011011,58583.404.15$48,070
Jul 2011011,71594.144.52$52,919
Jun 2011011,96792.904.64$55,525
May 2011013,10698.134.40$57,730
Apr 2011012,482105.964.33$54,088
Mar 2011013,23196.364.06$53,683
Feb 2011012,55085.644.18$52,459
Jan 201107,98786.504.59$36,651
Dec 2010010,03885.734.35$43,643
Nov 201008,66680.843.80$32,890
Oct 201005,28678.103.51$18,548
Sep 201007,69072.633.98$30,602
Aug 201008,53773.684.42$37,728
Jul 201009,81672.554.74$46,493
Jun 201008,88270.364.91$43,614
May 201008,98371.124.24$38,045
Apr 201007,74381.694.12$31,922
Mar 201007,87478.394.39$34,556
Feb 2010011,82573.585.44$64,356
Jan 2010011,44674.365.96$68,265
Dec 2009015,48871.445.48$84,932
Nov 2009017,55274.593.75$65,846
Oct 2009018,44172.544.11$75,797
Sep 2009014,43365.543.06$44,234
Aug 2009015,32967.423.22$49,336
Jul 2009015,77861.133.46$54,663
Jun 2009015,54666.163.90$60,552
May 200907,87354.743.93$30,907
Apr 2009016,92146.773.59$60,704
Mar 2009018,89642.144.06$76,699
Feb 2009011,86132.814.63$54,952
Jan 2009016,66835.865.37$89,524
Dec 2008020,01037.105.98$119,603
Nov 2008015,43255.496.86$105,869
Oct 2008020,04175.246.92$138,723
Sep 2008020,950101.767.88$165,025
Aug 2008020,791114.228.48$176,370
Jul 2008023,076131.0811.39$262,822
Jun 2008018,943131.3313.03$246,877
May 2008023,041123.1711.57$266,683
Apr 2008024,850110.3110.45$259,803
Mar 2008027,266101.909.66$263,501
Feb 2008028,13092.538.77$246,716
Jan 2008031,66690.388.21$259,843
Dec 2007034,17488.337.30$249,538
Nov 2007035,05791.677.29$255,625
Oct 2007043,86982.856.92$303,660
Sep 2007047,48575.846.24$296,504
Aug 2007058,01869.066.39$370,616
Jul 2007080,20970.906.39$512,370
Jun 2007049,97362.007.55$377,219

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             1 bbl  × $106.41 =       $106
Gas                2,610 Mcf  × $  3.05 =     $7,950

────────────────────────────────────────────────────
Month total                                   $8,056

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/231606 is the state's own key, not one this site invented.