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 232385District 09Field 65280200CondensateGasSaveExport
Value, all time
$8.2 M
Jun 2007 – May 2026
Value, last 12 filed months
$94 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
CondensateDisposition9 bbl$694
GasProduction1,521,341 Mcf$8,196,073
Total$8,196,767

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 202612,180106.413.05$6,746
Apr 202612,09898.932.87$6,120
Mar 202612,14289.753.15$6,836
Feb 202611,87263.503.75$7,084
Jan 202602,00059.138.00$15,996
Dec 202502,08756.664.41$9,211
Nov 202502,00558.593.93$7,873
Oct 202502,07259.383.30$6,848
Sep 202501,87562.743.08$5,769
Aug 202501,70563.933.01$5,140
Jul 202502,51866.743.32$8,348
Jun 202512,56066.483.13$8,076
May 202512,53260.553.23$8,245
Apr 202512,78762.363.54$9,937
Mar 202512,51467.704.27$10,798
Feb 202502,06670.884.34$8,968
Jan 202502,11774.324.28$9,058
Dec 202402,08468.993.12$6,505
Nov 202402,20369.052.20$4,843
Oct 202402,37371.372.28$5,414
Sep 202402,54069.612.36$6,005
Aug 20240075.632.06$0
Jul 202402,36279.932.15$5,070
Jun 202402,21078.082.63$5,821
May 202412,03078.812.20$4,542
Apr 202402,06584.451.66$3,426
Mar 202402,08080.301.55$3,214
Feb 202401,66476.091.78$2,968
Jan 2024097373.023.30$3,209
Dec 2023095571.262.61$2,493
Nov 202301,38877.892.81$3,897
Oct 2023099585.443.09$3,072
Sep 2023099289.042.74$2,713
Aug 202301,21580.522.67$3,248
Jul 202301,37274.852.64$3,625
Jun 202301,07868.962.26$2,435
May 202301,38070.622.23$3,074
Apr 202301,21378.122.24$2,714
Mar 202301,28272.852.39$3,068
Feb 202301,12375.112.47$2,769
Jan 202301,50376.533.39$5,092
Dec 202201,73676.415.73$9,946
Nov 202201,55485.005.65$8,774
Oct 202201,56787.185.86$9,189
Sep 202201,42384.888.16$11,617
Aug 202201,71994.529.13$15,690
Jul 202201,719101.587.54$12,965
Jun 202201,686115.097.98$13,450
May 202201,852109.378.43$15,618
Apr 202201,791104.226.84$12,246
Mar 202201,796108.885.08$9,117
Feb 202201,66991.054.86$8,109
Jan 202201,94881.844.54$8,839
Dec 202101,94571.323.90$7,584
Nov 202102,10677.435.24$11,029
Oct 202102,12879.795.71$12,159
Sep 202102,07069.865.35$11,076
Aug 202102,02966.024.22$8,564
Jul 202102,04270.783.98$8,131
Jun 202102,03269.493.38$6,869
May 202102,13563.483.02$6,443
Apr 202102,15460.362.76$5,942
Mar 202101,78561.302.72$4,850
Feb 202101,54057.805.55$8,544
Jan 202102,09150.412.81$5,876
Dec 202002,06844.642.68$5,533
Nov 202001,81738.772.71$4,918
Oct 202002,02236.972.48$5,011
Sep 202002,36637.091.99$4,711
Aug 202001,96339.982.39$4,682
Jul 202002,41538.371.83$4,408
Jun 202002,01634.901.69$3,408
May 202002,31516.921.81$4,201
Apr 202002,34914.751.80$4,238
Mar 202002,61530.341.86$4,854
Feb 202002,51549.881.98$4,981
Jan 202002,71857.252.09$5,694
Dec 201902,72459.012.30$6,277
Nov 201902,49555.302.75$6,863
Oct 201902,72053.472.42$6,578
Sep 201902,72155.052.66$7,230
Aug 201902,85453.112.30$6,577
Jul 201902,91756.272.46$7,176
Jun 201902,80152.782.49$6,978
May 201903,00958.482.74$8,246
Apr 201903,02262.632.75$8,313
Mar 201902,93756.803.06$8,993
Feb 201902,70650.852.79$7,556
Jan 201903,11446.033.23$10,053
Dec 201803,33046.594.19$13,938
Nov 201803,26852.934.24$13,847
Oct 201803,36361.443.40$11,428
Sep 201803,14759.543.11$9,781
Aug 201803,23859.403.07$9,930
Jul 201803,25765.142.93$9,549
Jun 201803,21560.183.08$9,892
May 201803,34265.382.90$9,694
Apr 201803,33663.842.90$9,677
Mar 201803,38661.222.79$9,436
Feb 201803,06961.782.77$8,489
Jan 201803,87262.874.01$15,524
Dec 201703,50457.272.92$10,237
Nov 201703,27955.423.12$10,225
Oct 201703,42949.292.98$10,231
Sep 201703,46347.523.09$10,691
Aug 201702,88945.373.00$8,680
Jul 201703,54843.873.09$10,954
Jun 201703,39542.493.09$10,481
May 201703,55545.373.26$11,601
Apr 201703,45647.933.21$11,099
Mar 201703,36346.772.98$10,034
Feb 201703,17850.452.95$9,383
Jan 201703,71049.413.42$12,684
Dec 201603,75448.763.72$13,976
Nov 201603,48442.492.64$9,213
Oct 201603,76446.193.09$11,632
Sep 201603,81641.553.10$11,832
Aug 201603,72441.442.92$10,890
Jul 201603,87641.622.92$11,335
Jun 201603,45545.352.69$9,280
May 201603,51842.521.99$7,004
Apr 201603,81636.561.99$7,598
Mar 201603,74533.011.79$6,719
Feb 201603,71926.472.06$7,675
Jan 201603,97627.352.36$9,401
Dec 201503,92932.362.00$7,864
Nov 201503,82338.792.17$8,286
Oct 201503,89443.552.43$9,449
Sep 201503,90842.992.76$10,780
Aug 201503,88540.162.87$11,160
Jul 201504,09848.152.95$12,069
Jun 201503,81856.152.88$11,007
May 201504,20055.212.96$12,413
Apr 201504,08349.822.71$11,051
Mar 201503,91442.892.93$11,486
Feb 201503,69644.662.98$11,000
Jan 201504,27243.433.10$13,246
Dec 201404,28654.693.59$15,393
Nov 201404,26670.464.25$18,138
Oct 201404,33378.303.90$16,903
Sep 201404,32286.164.05$17,484
Aug 201404,45589.394.04$17,976
Jul 201404,65096.564.18$19,435
Jun 201404,54698.164.74$21,534
May 201404,80194.734.73$22,692
Apr 201404,71695.944.81$22,680
Mar 201404,87795.895.06$24,662
Feb 201404,76397.406.19$29,493
Jan 201405,26890.404.86$25,606
Dec 201305,13791.824.35$22,369
Nov 201304,94488.853.74$18,482
Oct 201305,18597.423.78$19,596
Sep 201305,136104.113.72$19,094
Aug 201305,103104.253.52$17,976
Jul 201303,575102.523.72$13,291
Jun 201304,98994.403.93$19,624
May 201305,17794.834.15$21,480
Apr 201304,30093.964.28$18,415
Mar 201305,56093.623.91$21,756
Feb 201305,30491.233.42$18,139
Jan 201306,51391.603.42$22,274
Dec 201205,54086.773.42$18,948
Nov 201205,14686.953.62$18,654
Oct 201205,10289.383.40$17,345
Sep 201205,36094.672.92$15,643
Aug 201207,26392.662.91$21,122
Jul 201206,89685.133.02$20,831
Jun 201206,50779.822.52$16,391
May 201206,87091.612.49$17,095
Apr 201206,488101.652.00$12,955
Mar 201207,694105.052.22$17,097
Feb 201207,502101.102.57$19,282
Jan 201206,28398.092.73$17,178
Dec 201106,59796.873.24$21,373
Nov 201106,62095.723.31$21,921
Oct 201106,97384.983.65$25,441
Sep 201105,92383.623.99$23,608
Aug 201106,84983.404.15$28,419
Jul 201106,82194.144.52$30,812
Jun 201106,06292.904.64$28,127
May 201107,12098.134.40$31,362
Apr 201107,387105.964.33$32,010
Mar 201108,64196.364.06$35,059
Feb 2011010,43085.644.18$43,597
Jan 201109,01186.504.59$41,350
Dec 201008,73785.734.35$37,986
Nov 201002,42680.843.80$9,207
Oct 201008,35078.103.51$29,299
Sep 2010011,56972.633.98$46,038
Aug 2010011,93573.684.42$52,745
Jul 2010011,33572.554.74$53,688
Jun 201009,67870.364.91$47,523
May 2010010,70471.124.24$45,334
Apr 2010011,89981.694.12$49,056
Mar 2010011,50878.394.39$50,505
Feb 201006,25073.585.44$34,015
Jan 201005,08874.365.96$30,345
Dec 200908,85671.445.48$48,564
Nov 200903,63774.593.75$13,644
Oct 200903,37672.544.11$13,876
Sep 200908,34965.543.06$25,588
Aug 2009013,36767.423.22$43,022
Jul 2009014,95861.133.46$51,822
Jun 2009015,15966.163.90$59,044
May 2009019,96154.743.93$78,362
Apr 2009017,82046.773.59$63,929
Mar 2009019,59542.144.06$79,536
Feb 2009024,50832.814.63$113,546
Jan 200908,83935.865.37$47,474
Dec 2008017,44237.105.98$104,253
Nov 2008019,23855.496.86$131,980
Oct 2008019,81975.246.92$137,187
Sep 2008020,065101.767.88$158,054
Aug 2008021,946114.228.48$186,168
Jul 2008022,639131.0811.39$257,845
Jun 2008023,198131.3313.03$302,331
May 2008024,827123.1711.57$287,355
Apr 2008025,751110.3110.45$269,223
Mar 2008028,355101.909.66$274,025
Feb 2008028,98592.538.77$254,215
Jan 2008031,81390.388.21$261,049
Dec 2007035,17288.337.30$256,825
Nov 2007037,30591.677.29$272,017
Oct 2007041,85582.856.92$289,719
Sep 2007042,64175.846.24$266,257
Aug 2007059,30769.066.39$378,850
Jul 2007075,92470.906.39$484,998
Jun 2007043,17962.007.55$325,935

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                2,180 Mcf  × $  3.05 =     $6,640

────────────────────────────────────────────────────
Month total                                   $6,746

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/232385 is the state's own key, not one this site invented.