MERCER

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 231619District 09Field 65280200CondensateGasSaveExport
Value, all time
$3.6 M
May 2007 – May 2026
Value, last 12 filed months
$0
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
CondensateDisposition125 bbl$7,199
GasProduction729,007 Mcf$3,547,188
Total$3,554,387

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 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 20230085.443.09$0
Sep 2023052989.042.74$1,447
Aug 20230080.522.67$0
Jul 20230074.852.64$0
Jun 20230068.962.26$0
May 20230070.622.23$0
Apr 20230078.122.24$0
Mar 20230072.852.39$0
Feb 202305675.112.47$138
Jan 20230076.533.39$0
Dec 20220076.415.73$0
Nov 20220085.005.65$0
Oct 20220087.185.86$0
Sep 20220084.888.16$0
Aug 20220094.529.13$0
Jul 202200101.587.54$0
Jun 202200115.097.98$0
May 202200109.378.43$0
Apr 202200104.226.84$0
Mar 202200108.885.08$0
Feb 20220091.054.86$0
Jan 20220081.844.54$0
Dec 20210071.323.90$0
Nov 20210077.435.24$0
Oct 20210079.795.71$0
Sep 20210069.865.35$0
Aug 20210066.024.22$0
Jul 20210070.783.98$0
Jun 20210069.493.38$0
May 20210063.483.02$0
Apr 20210060.362.76$0
Mar 20210061.302.72$0
Feb 20210057.805.55$0
Jan 20210050.412.81$0
Dec 20200044.642.68$0
Nov 20200038.772.71$0
Oct 20200036.972.48$0
Sep 20200037.091.99$0
Aug 20200039.982.39$0
Jul 20200038.371.83$0
Jun 20200034.901.69$0
May 20200016.921.81$0
Apr 20200014.751.80$0
Mar 20200030.341.86$0
Feb 20200049.881.98$0
Jan 20200057.252.09$0
Dec 20190059.012.30$0
Nov 20190055.302.75$0
Oct 20190053.472.42$0
Sep 20190055.052.66$0
Aug 20190053.112.30$0
Jul 20190056.272.46$0
Jun 20190052.782.49$0
May 20190058.482.74$0
Apr 20190062.632.75$0
Mar 20190056.803.06$0
Feb 20190050.852.79$0
Jan 20190746.033.23$23
Dec 201802146.594.19$88
Nov 201801452.934.24$59
Oct 20180061.443.40$0
Sep 201803459.543.11$106
Aug 2018027859.403.07$853
Jul 2018113,89765.142.93$12,142
Jun 201803,90160.183.08$12,003
May 2018114,00465.382.90$12,334
Apr 201854,02363.842.90$11,989
Mar 201864,26661.222.79$12,256
Feb 201863,68461.782.77$10,561
Jan 201864,11462.874.01$16,872
Dec 201764,61957.272.92$13,838
Nov 201764,09955.423.12$13,115
Oct 201764,37349.292.98$13,343
Sep 2017124,43347.523.09$14,256
Aug 201704,58445.373.00$13,772
Jul 201764,48743.873.09$14,116
Jun 2017114,22642.493.09$13,514
May 201704,34245.373.26$14,170
Apr 201703,69247.933.21$11,857
Mar 2017114,41946.772.98$13,699
Feb 201702,87350.452.95$8,483
Jan 201703,32949.413.42$11,381
Dec 201613,15648.763.72$11,798
Nov 201603,07842.492.64$8,139
Oct 201603,21046.193.09$9,920
Sep 201623,10241.553.10$9,701
Aug 201603,43341.442.92$10,039
Jul 201603,48241.622.92$10,183
Jun 201603,31745.352.69$8,909
May 201603,28542.521.99$6,541
Apr 201603,11136.561.99$6,194
Mar 201603,37833.011.79$6,060
Feb 201603,27226.472.06$6,752
Jan 201613,76727.352.36$8,934
Dec 201503,67532.362.00$7,355
Nov 201503,55238.792.17$7,698
Oct 201503,53543.552.43$8,578
Sep 201503,39342.992.76$9,359
Aug 201503,23540.162.87$9,293
Jul 201503,68148.152.95$10,841
Jun 201503,50256.152.88$10,096
May 201513,76055.212.96$11,168
Apr 201533,72549.822.71$10,231
Mar 201513,85442.892.93$11,353
Feb 201513,78144.662.98$11,298
Jan 201504,22143.433.10$13,088
Dec 201404,33954.693.59$15,583
Nov 201414,31570.464.25$18,417
Oct 201404,53878.303.90$17,703
Sep 201434,30286.164.05$17,662
Aug 201404,62689.394.04$18,666
Jul 201404,92196.564.18$20,568
Jun 201404,67298.164.74$22,131
May 201404,50094.734.73$21,270
Apr 201425,40795.944.81$26,195
Mar 201415,09695.895.06$25,865
Feb 201424,83897.406.19$30,152
Jan 201415,27090.404.86$25,706
Dec 201304,97191.824.35$21,646
Nov 201305,27188.853.74$19,704
Oct 201305,50897.423.78$20,817
Sep 201305,406104.113.72$20,098
Aug 201305,640104.253.52$19,868
Jul 201305,653102.523.72$21,016
Jun 201325,43494.403.93$21,563
May 201305,90894.834.15$24,513
Apr 201305,76793.964.28$24,698
Mar 201305,96693.623.91$23,344
Feb 201305,25691.233.42$17,975
Jan 201305,40691.603.42$18,488
Dec 201206,14886.773.42$21,027
Nov 201205,34986.953.62$19,390
Oct 201206,48389.383.40$22,040
Sep 201206,05794.672.92$17,677
Aug 201205,48292.662.91$15,943
Jul 201206,07885.133.02$18,360
Jun 201204,71779.822.52$11,882
May 201206,07491.612.49$15,114
Apr 201206,416101.652.00$12,811
Mar 201207,304105.052.22$16,230
Feb 201206,740101.102.57$17,323
Jan 201207,23398.092.73$19,776
Dec 201108,08996.873.24$26,206
Nov 201108,54595.723.31$28,295
Oct 20110084.983.65$0
Sep 201104,32683.623.99$17,243
Aug 20110083.404.15$0
Jul 201105,56494.144.52$25,134
Jun 20110092.904.64$0
May 201103,28698.134.40$14,474
Apr 201100105.964.33$0
Mar 20110096.364.06$0
Feb 201104,14585.644.18$17,326
Jan 20110086.504.59$0
Dec 201004,24985.734.35$18,474
Nov 20100080.843.80$0
Oct 201009,22078.103.51$32,352
Sep 20100072.633.98$0
Aug 20100073.684.42$0
Jul 201005,55372.554.74$26,302
Jun 201001,88370.364.91$9,246
May 201008,98771.124.24$38,062
Apr 201009,20481.694.12$37,945
Mar 201009,48478.394.39$41,622
Feb 201008,95073.585.44$48,709
Jan 20100974.365.96$54
Dec 200902,87971.445.48$15,788
Nov 200901,33774.593.75$5,016
Oct 20090072.544.11$0
Sep 20090065.543.06$0
Aug 200906,44667.423.22$20,746
Jul 200908,97461.133.46$31,090
Jun 200907,73666.163.90$30,132
May 200908,64654.743.93$33,942
Apr 200909,16646.773.59$32,883
Mar 200909,93842.144.06$40,338
Feb 200906,00932.814.63$27,840
Jan 2009010,72435.865.37$57,599
Dec 200806,00337.105.98$35,881
Nov 200803,95755.496.86$27,146
Oct 200807,83775.246.92$54,248
Sep 200808,412101.767.88$66,262
Aug 2008010,880114.228.48$92,295
Jul 200809,950131.0811.39$113,325
Jun 2008014,042131.3313.03$183,004
May 2008016,476123.1711.57$190,698
Apr 200804,913110.3110.45$51,365
Mar 200807,333101.909.66$70,867
Feb 200802,71792.538.77$23,830
Jan 200807,09290.388.21$58,195
Dec 2007012,53488.337.30$91,523
Nov 2007016,26491.677.29$118,592
Oct 2007010,53182.856.92$72,895
Sep 2007016,32975.846.24$101,961
Aug 2007027,54369.066.39$175,943
Jul 2007020,23070.906.39$129,228
Jun 20070062.007.55$0
May 200703,71558.747.85$29,149

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.

Sep 2023 — as filed, then multipliedworked
Condensate             0 bbl  × $ 89.04 =         $0
Gas                  529 Mcf  × $  2.74 =     $1,447

────────────────────────────────────────────────────
Month total                                   $1,447

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/231619 is the state's own key, not one this site invented.