LEE, RICHARD

Operated by UPHAM OIL & GAS COMPANY (P-5 878925) 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 231725District 09Field 65280200CondensateGasSaveExport
Value, all time
$202 k
Mar 2007 – May 2026
Value, last 12 filed months
$0
at the published price for each month
Months reported
231
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
CondensateDisposition126 bbl$12,325
GasProduction35,940 Mcf$189,449
Total$201,774

Every month this lease reported (231)

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

231 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 20230089.042.74$0
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 20230075.112.47$0
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 20190046.033.23$0
Dec 20180046.594.19$0
Nov 20180052.934.24$0
Oct 20180061.443.40$0
Sep 20180059.543.11$0
Aug 20180059.403.07$0
Jul 20180065.142.93$0
Jun 20180060.183.08$0
May 20180065.382.90$0
Apr 20180063.842.90$0
Mar 20180061.222.79$0
Feb 20180061.782.77$0
Jan 20180062.874.01$0
Dec 20170057.272.92$0
Nov 20170055.423.12$0
Oct 20170049.292.98$0
Sep 20170047.523.09$0
Aug 20170045.373.00$0
Jul 20170043.873.09$0
Jun 20170042.493.09$0
May 20170045.373.26$0
Apr 20170047.933.21$0
Mar 20170046.772.98$0
Feb 20170050.452.95$0
Jan 201708049.413.42$274
Dec 201601148.763.72$41
Nov 20160042.492.64$0
Oct 201602546.193.09$77
Sep 201602441.553.10$74
Aug 201604541.442.92$132
Jul 201608641.622.92$251
Jun 2016013045.352.69$349
May 201608142.521.99$161
Apr 2016019836.561.99$394
Mar 2016014833.011.79$266
Feb 2016014426.472.06$297
Jan 2016024827.352.36$586
Dec 2015018132.362.00$362
Nov 2015023238.792.17$503
Oct 2015020643.552.43$500
Sep 2015029942.992.76$825
Aug 2015019240.162.87$552
Jul 20150048.152.95$0
Jun 20150056.152.88$0
May 20150055.212.96$0
Apr 201505349.822.71$143
Mar 201507442.892.93$217
Feb 2015011844.662.98$351
Jan 2015019543.433.10$605
Dec 20140054.693.59$0
Nov 2014020070.464.25$850
Oct 2014024978.303.90$971
Sep 2014026286.164.05$1,060
Aug 2014027389.394.04$1,102
Jul 2014028996.564.18$1,208
Jun 2014025498.164.74$1,203
May 2014033394.734.73$1,574
Apr 2014037095.944.81$1,779
Mar 2014040295.895.06$2,033
Feb 2014041297.406.19$2,551
Jan 2014039390.404.86$1,910
Dec 201305791.824.35$248
Nov 201305288.853.74$194
Oct 201305297.423.78$197
Sep 201320773104.113.72$4,956
Aug 20130801104.253.52$2,822
Jul 20130123102.523.72$457
Jun 2013041794.403.93$1,640
May 2013040194.834.15$1,664
Apr 2013045693.964.28$1,953
Mar 2013076893.623.91$3,005
Feb 2013027391.233.42$934
Jan 201309791.603.42$332
Dec 2012012586.773.42$428
Nov 2012050886.953.62$1,841
Oct 2012038889.383.40$1,319
Sep 20122845294.672.92$3,970
Aug 2012049392.662.91$1,434
Jul 2012053485.133.02$1,613
Jun 2012044279.822.52$1,113
May 2012042691.612.49$1,060
Apr 20120404101.652.00$807
Mar 20120359105.052.22$798
Feb 20120279101.102.57$717
Jan 20120098.092.73$0
Dec 2011023296.873.24$752
Nov 2011031295.723.31$1,033
Oct 2011033884.983.65$1,233
Sep 2011036983.623.99$1,471
Aug 2011035783.404.15$1,481
Jul 2011025294.144.52$1,138
Jun 2011033292.904.64$1,540
May 20117714598.134.40$8,195
Apr 20110203105.964.33$880
Mar 201108896.364.06$357
Feb 201101685.644.18$67
Jan 20110086.504.59$0
Dec 20100085.734.35$0
Nov 20100080.843.80$0
Oct 20100078.103.51$0
Sep 20100072.633.98$0
Aug 20100073.684.42$0
Jul 20100072.554.74$0
Jun 20100070.364.91$0
May 20100071.124.24$0
Apr 20100081.694.12$0
Mar 20100078.394.39$0
Feb 201003773.585.44$201
Jan 2010048874.365.96$2,910
Dec 2009021671.445.48$1,184
Nov 20090074.593.75$0
Oct 200907872.544.11$321
Sep 2009043665.543.06$1,336
Aug 2009042667.423.22$1,371
Jul 2009034961.133.46$1,209
Jun 2009047666.163.90$1,854
May 2009045754.743.93$1,794
Apr 2009039046.773.59$1,399
Mar 2009039042.144.06$1,583
Feb 2009039032.814.63$1,807
Jan 2009134235.865.37$1,873
Dec 2008022137.105.98$1,321
Nov 2008041955.496.86$2,874
Oct 2008058675.246.92$4,056
Sep 20080273101.767.88$2,150
Aug 20080337114.228.48$2,859
Jul 20080373131.0811.39$4,248
Jun 20080444131.3313.03$5,786
May 20080585123.1711.57$6,771
Apr 20080318110.3110.45$3,325
Mar 20080539101.909.66$5,209
Feb 2008045592.538.77$3,991
Jan 2008078690.388.21$6,450
Dec 2007056288.337.30$4,104
Nov 20070091.677.29$0
Oct 2007030382.856.92$2,097
Sep 200701,11175.846.24$6,937
Aug 200701,42069.066.39$9,071
Jul 200701,70670.906.39$10,898
Jun 200701,43262.007.55$10,809
May 200708258.747.85$643
Apr 200701559.617.81$117
Mar 200701,96756.927.30$14,363

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.

Jan 2017 — as filed, then multipliedworked
Condensate             0 bbl  × $ 49.41 =         $0
Gas                   80 Mcf  × $  3.42 =       $274

────────────────────────────────────────────────────
Month total                                     $274

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/231725 is the state's own key, not one this site invented.