SCHULTZ A

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 232324District 09Field 65280200CondensateGasSaveExport
Value, all time
$11.6 M
Mar 2007 – May 2026
Value, last 12 filed months
$238 k
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
CondensateDisposition6 bbl$314
GasProduction2,266,212 Mcf$11,636,234
Total$11,636,548

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 202604,809106.413.05$14,647
Apr 202604,09898.932.87$11,760
Mar 202605,01289.753.15$15,785
Feb 202604,32163.503.75$16,205
Jan 202605,00159.138.00$39,998
Dec 202505,07556.664.41$22,398
Nov 202505,22558.593.93$20,516
Oct 202504,32059.383.30$14,277
Sep 202506,38562.743.08$19,646
Aug 202506,73563.933.01$20,304
Jul 202506,60466.743.32$21,894
Jun 202506,73266.483.13$21,063
May 202502,71460.553.23$8,773
Apr 202503,09262.363.54$10,955
Mar 202502,30667.704.27$9,843
Feb 202501,97070.884.34$8,551
Jan 202502,08674.324.28$8,925
Dec 202401,82868.993.12$5,706
Nov 202401,68769.052.20$3,709
Oct 202401,94971.372.28$4,446
Sep 202401,67869.612.36$3,967
Aug 20240075.632.06$0
Jul 202401,58379.932.15$3,398
Jun 202401,91878.082.63$5,052
May 202402,35878.812.20$5,184
Apr 202402,68784.451.66$4,458
Mar 202403,09480.301.55$4,781
Feb 202402,36676.091.78$4,220
Jan 202402,66473.023.30$8,785
Dec 202303,12071.262.61$8,145
Nov 202302,94677.892.81$8,271
Oct 202302,67885.443.09$8,268
Sep 202302,63189.042.74$7,196
Aug 202302,74280.522.67$7,329
Jul 202302,86774.852.64$7,574
Jun 202303,02768.962.26$6,836
May 202303,20470.622.23$7,137
Apr 202303,01178.122.24$6,738
Mar 202303,01972.852.39$7,225
Feb 202302,79575.112.47$6,892
Jan 202303,30676.533.39$11,200
Dec 202203,32276.415.73$19,032
Nov 202203,19185.005.65$18,017
Oct 202203,35787.185.86$19,685
Sep 202203,55184.888.16$28,989
Aug 202203,82994.529.13$34,948
Jul 202203,768101.587.54$28,419
Jun 202203,534115.097.98$28,191
May 202203,823109.378.43$32,240
Apr 202204,100104.226.84$28,034
Mar 202204,033108.885.08$20,473
Feb 202204,08091.054.86$19,824
Jan 202204,47281.844.54$20,293
Dec 202104,63671.323.90$18,076
Nov 202103,63277.435.24$19,020
Oct 202101,24879.795.71$7,131
Sep 202103,68669.865.35$19,723
Aug 202104,09066.024.22$17,262
Jul 202104,32170.783.98$17,207
Jun 202104,72169.493.38$15,960
May 202105,06063.483.02$15,269
Apr 202105,13560.362.76$14,164
Mar 202104,97361.302.72$13,511
Feb 202102,94557.805.55$16,339
Jan 202104,77950.412.81$13,430
Dec 202004,38744.642.68$11,737
Nov 202003,90038.772.71$10,556
Oct 202004,41736.972.48$10,947
Sep 202004,16337.091.99$8,289
Aug 202004,02339.982.39$9,595
Jul 202004,27238.371.83$7,797
Jun 202004,35334.901.69$7,358
May 202004,54816.921.81$8,253
Apr 202004,36614.751.80$7,878
Mar 202004,61830.341.86$8,572
Feb 202004,44749.881.98$8,808
Jan 202004,54257.252.09$9,514
Dec 201904,63059.012.30$10,669
Nov 201904,62955.302.75$12,733
Oct 201904,82353.472.42$11,665
Sep 201904,30155.052.66$11,429
Aug 201904,83853.112.30$11,148
Jul 201904,97156.272.46$12,229
Jun 201904,88052.782.49$12,157
May 201905,11858.482.74$14,025
Apr 201905,46062.632.75$15,019
Mar 201903,57656.803.06$10,950
Feb 201904,50750.852.79$12,585
Jan 201905,22946.033.23$16,880
Dec 201815,26446.594.19$22,079
Nov 201805,11052.934.24$21,652
Oct 201805,27861.443.40$17,935
Sep 201805,24659.543.11$16,305
Aug 201805,59559.403.07$17,157
Jul 201815,70765.142.93$16,797
Jun 201805,48360.183.08$16,871
May 201815,84065.382.90$17,006
Apr 201805,02063.842.90$14,562
Mar 201805,34061.222.79$14,882
Feb 201805,18161.782.77$14,331
Jan 201805,90562.874.01$23,675
Dec 201705,99757.272.92$17,520
Nov 201705,83255.423.12$18,186
Oct 201705,90949.292.98$17,631
Sep 201715,70247.523.09$17,651
Aug 201705,92045.373.00$17,786
Jul 201705,96343.873.09$18,409
Jun 201715,92242.493.09$18,325
May 201706,18045.373.26$20,168
Apr 201706,07747.933.21$19,517
Mar 201716,40246.772.98$19,148
Feb 201705,82450.452.95$17,196
Jan 201706,53849.413.42$22,352
Dec 201606,56948.763.72$24,455
Nov 201606,35742.492.64$16,810
Oct 201606,19446.193.09$19,141
Sep 201606,58841.553.10$20,427
Aug 201606,81941.442.92$19,941
Jul 201606,85341.622.92$20,041
Jun 201606,59245.352.69$17,705
May 201606,94142.521.99$13,820
Apr 201606,83036.561.99$13,599
Mar 201607,08533.011.79$12,711
Feb 201606,38226.472.06$13,170
Jan 201606,93227.352.36$16,390
Dec 201506,93732.362.00$13,884
Nov 201506,68038.792.17$14,478
Oct 201506,97743.552.43$16,930
Sep 201506,89042.992.76$19,006
Aug 201507,18240.162.87$20,630
Jul 201507,19748.152.95$21,196
Jun 201507,13356.152.88$20,563
May 201507,47255.212.96$22,083
Apr 201507,34349.822.71$19,874
Mar 201507,19142.892.93$21,104
Feb 201506,64244.662.98$19,768
Jan 201507,24543.433.10$22,464
Dec 201407,34554.693.59$26,379
Nov 201407,11770.464.25$30,260
Oct 201407,39978.303.90$28,863
Sep 201407,33886.164.05$29,685
Aug 201407,72089.394.04$31,151
Jul 201407,78396.564.18$32,530
Jun 201407,68698.164.74$36,408
May 201408,07294.734.73$38,153
Apr 201407,49195.944.81$36,025
Mar 201407,87295.895.06$39,807
Feb 201407,15397.406.19$44,291
Jan 201407,83390.404.86$38,074
Dec 201308,09791.824.35$35,258
Nov 201308,05288.853.74$30,101
Oct 201308,17597.423.78$30,896
Sep 201307,993104.113.72$29,716
Aug 201308,412104.253.52$29,632
Jul 201308,501102.523.72$31,605
Jun 201308,52894.403.93$33,544
May 201309,09794.834.15$37,744
Apr 201309,07493.964.28$38,860
Mar 201309,22293.623.91$36,084
Feb 201308,33991.233.42$28,519
Jan 201309,42691.603.42$32,236
Dec 201209,55386.773.42$32,673
Nov 201209,25486.953.62$33,545
Oct 201209,24189.383.40$31,416
Sep 201209,35994.672.92$27,313
Aug 2012010,03492.662.91$29,180
Jul 201209,93185.133.02$30,000
Jun 201209,60379.822.52$24,190
May 2012010,47091.612.49$26,053
Apr 2012010,004101.652.00$19,976
Mar 2012010,396105.052.22$23,101
Feb 201209,939101.102.57$25,546
Jan 2012010,88098.092.73$29,747
Dec 2011011,34096.873.24$36,739
Nov 2011011,09495.723.31$36,735
Oct 2011011,60684.983.65$42,345
Sep 2011010,94183.623.99$43,609
Aug 2011011,48983.404.15$47,672
Jul 2011011,75094.144.52$53,078
Jun 2011011,57692.904.64$53,711
May 2011012,04298.134.40$53,043
Apr 2011011,983105.964.33$51,926
Mar 2011012,89196.364.06$52,303
Feb 2011011,96985.644.18$50,030
Jan 2011013,63786.504.59$62,577
Dec 2010013,92985.734.35$60,560
Nov 2010017,39780.843.80$66,027
Oct 2010014,64078.103.51$51,370
Sep 2010013,01172.633.98$51,777
Aug 2010014,09173.684.42$62,273
Jul 2010014,77972.554.74$70,001
Jun 2010014,53470.364.91$71,368
May 2010015,62871.124.24$66,188
Apr 2010015,32981.694.12$63,197
Mar 2010016,00678.394.39$70,245
Feb 2010015,02173.585.44$81,750
Jan 2010016,91474.365.96$100,877
Dec 2009017,20371.445.48$94,337
Nov 2009016,98874.593.75$63,730
Oct 2009017,78672.544.11$73,105
Sep 2009016,53265.543.06$50,666
Aug 2009018,41267.423.22$59,259
Jul 2009018,46061.133.46$63,955
Jun 2009017,45666.163.90$67,991
May 2009018,83954.743.93$73,957
Apr 2009018,62046.773.59$66,799
Mar 2009019,59242.144.06$79,524
Feb 2009018,51532.814.63$85,780
Jan 2009021,15635.865.37$113,629
Dec 2008020,22237.105.98$120,870
Nov 2008022,51255.496.86$154,440
Oct 2008024,27975.246.92$168,059
Sep 2008023,596101.767.88$185,868
Aug 2008026,189114.228.48$222,162
Jul 2008026,042131.0811.39$296,604
Jun 2008026,432131.3313.03$344,478
May 2008028,038123.1711.57$324,520
Apr 2008025,727110.3110.45$268,972
Mar 2008027,851101.909.66$269,154
Feb 2008026,83292.538.77$235,332
Jan 2008030,67790.388.21$251,727
Dec 2007033,01888.337.30$241,096
Nov 2007032,75591.677.29$238,840
Oct 2007036,38282.856.92$251,835
Sep 2007038,06475.846.24$237,678
Aug 2007041,85169.066.39$267,342
Jul 2007047,47470.906.39$303,261
Jun 2007048,75162.007.55$367,994
May 2007057,61558.747.85$452,063
Apr 2007067,90859.617.81$530,036
Mar 2007057,25956.927.30$418,104

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                4,809 Mcf  × $  3.05 =    $14,647

────────────────────────────────────────────────────
Month total                                  $14,647

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/232324 is the state's own key, not one this site invented.