HARDCASTLE

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 232386District 09Field 65280200CondensateGasSave
Value, all time
$17.7 M
May 2007 – May 2026
Value, last 12 filed months
$234 k
at the published price for each month
Months reported
229
no gaps in the span
Streams
2
condensate, gas

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
CondensateDisposition8 bbl$493
GasProduction3,436,502 Mcf$17,663,167
Total$17,663,661

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 202605,296106.413.05$16,131
Apr 202605,07598.932.87$14,564
Mar 202625,19889.753.15$16,550
Feb 202604,62963.503.75$17,360
Jan 202605,85859.138.00$46,852
Dec 202505,26556.664.41$23,236
Nov 202504,99558.593.93$19,613
Oct 202505,06359.383.30$16,732
Sep 202504,86362.743.08$14,963
Aug 202505,06263.933.01$15,261
Jul 202505,17866.743.32$17,166
Jun 202504,83666.483.13$15,130
May 202505,05760.553.23$16,346
Apr 202504,91362.363.54$17,407
Mar 202505,08167.704.27$21,687
Feb 202504,85970.884.34$21,092
Jan 202505,30574.324.28$22,698
Dec 202405,37368.993.12$16,771
Nov 202405,15869.052.20$11,340
Oct 202405,32071.372.28$12,137
Sep 202405,15869.612.36$12,195
Aug 20240075.632.06$0
Jul 202405,75879.932.15$12,360
Jun 202404,23578.082.63$11,155
May 202405,65678.812.20$12,434
Apr 202405,53184.451.66$9,177
Mar 202405,79480.301.55$8,952
Feb 202405,34576.091.78$9,534
Jan 202405,68473.023.30$18,744
Dec 202305,84071.262.61$15,247
Nov 202305,69477.892.81$15,986
Oct 202305,92985.443.09$18,304
Sep 202305,74689.042.74$15,716
Aug 202305,97080.522.67$15,957
Jul 202306,10874.852.64$16,136
Jun 202305,89168.962.26$13,305
May 202306,11470.622.23$13,618
Apr 202305,90478.122.24$13,212
Mar 202306,03772.852.39$14,448
Feb 202305,60775.112.47$13,825
Jan 202306,23176.533.39$21,109
Dec 202206,09676.415.73$34,924
Nov 202206,11385.005.65$34,515
Oct 202206,17087.185.86$36,179
Sep 202205,85784.888.16$47,815
Aug 202206,17594.529.13$56,360
Jul 202206,134101.587.54$46,263
Jun 202205,887115.097.98$46,962
May 202206,150109.378.43$51,863
Apr 202205,929104.226.84$40,540
Mar 202206,054108.885.08$30,733
Feb 202205,52791.054.86$26,855
Jan 202206,26281.844.54$28,415
Dec 202106,23971.323.90$24,327
Nov 202106,03877.435.24$31,620
Oct 202106,17979.795.71$35,306
Sep 202106,01569.865.35$32,186
Aug 202106,21766.024.22$26,239
Jul 202106,11170.783.98$24,334
Jun 202105,83969.493.38$19,739
May 202106,10263.483.02$18,414
Apr 202105,94360.362.76$16,393
Mar 202105,73161.302.72$15,571
Feb 202104,34757.805.55$24,117
Jan 202106,51850.412.81$18,317
Dec 202006,31144.642.68$16,885
Nov 202006,07638.772.71$16,445
Oct 202006,67536.972.48$16,544
Sep 202006,56437.091.99$13,069
Aug 202006,75839.982.39$16,119
Jul 202006,28638.371.83$11,473
Jun 202005,72534.901.69$9,677
May 202006,00116.921.81$10,890
Apr 202005,85114.751.80$10,557
Mar 202006,26130.341.86$11,622
Feb 202006,21649.881.98$12,312
Jan 202006,85357.252.09$14,355
Dec 201906,85959.012.30$15,806
Nov 201906,96955.302.75$19,170
Oct 201907,20653.472.42$17,428
Sep 201907,11755.052.66$18,912
Aug 201907,71853.112.30$17,785
Jul 201907,78456.272.46$19,149
Jun 201907,30552.782.49$18,198
May 201907,40058.482.74$20,278
Apr 201907,22062.632.75$19,860
Mar 201907,46656.803.06$22,862
Feb 201906,30550.852.79$17,605
Jan 201906,82146.033.23$22,019
Dec 201816,32646.594.19$26,524
Nov 201807,34752.934.24$31,131
Oct 201807,87361.443.40$26,753
Sep 201807,24159.543.11$22,505
Aug 201806,28459.403.07$19,270
Jul 201816,13465.142.93$18,049
Jun 201805,92660.183.08$18,234
May 201816,22765.382.90$18,129
Apr 201806,31863.842.90$18,327
Mar 201806,24861.222.79$17,412
Feb 201805,70361.782.77$15,775
Jan 201806,63662.874.01$26,606
Dec 201706,73857.272.92$19,685
Nov 201706,62455.423.12$20,656
Oct 201706,92349.292.98$20,656
Sep 201716,97147.523.09$21,569
Aug 201707,18745.373.00$21,593
Jul 201707,22443.873.09$22,303
Jun 201717,05542.493.09$21,823
May 201707,18145.373.26$23,434
Apr 201707,07047.933.21$22,706
Mar 201717,46746.772.98$22,326
Feb 201707,06250.452.95$20,851
Jan 201707,77549.413.42$26,581
Dec 201608,32148.763.72$30,978
Nov 201608,74642.492.64$23,127
Oct 201609,25746.193.09$28,607
Sep 201608,81041.553.10$27,317
Aug 201609,08241.442.92$26,559
Jul 201608,66441.622.92$25,336
Jun 201608,62345.352.69$23,160
May 201609,02142.521.99$17,961
Apr 201608,70436.561.99$17,330
Mar 201608,85133.011.79$15,879
Feb 201607,72226.472.06$15,935
Jan 201608,83627.352.36$20,891
Dec 201509,56232.362.00$19,137
Nov 201509,56338.792.17$20,726
Oct 2015010,13843.552.43$24,601
Sep 2015010,04842.992.76$27,717
Aug 2015010,34640.162.87$29,719
Jul 2015010,71948.152.95$31,568
Jun 2015010,83056.152.88$31,221
May 2015011,52555.212.96$34,062
Apr 2015011,27349.822.71$30,511
Mar 2015012,10242.892.93$35,516
Feb 2015011,02144.662.98$32,801
Jan 2015011,67143.433.10$36,187
Dec 2014011,91354.693.59$42,784
Nov 2014010,17870.464.25$43,275
Oct 2014010,73378.303.90$41,869
Sep 201409,32286.164.05$37,712
Aug 201408,21189.394.04$33,132
Jul 201407,93496.564.18$33,161
Jun 201407,77298.164.74$36,815
May 201408,50094.734.73$40,176
Apr 201409,06595.944.81$43,595
Mar 201408,16495.895.06$41,284
Feb 201407,66097.406.19$47,431
Jan 201408,94890.404.86$43,494
Dec 2013011,00491.824.35$47,917
Nov 2013010,12488.853.74$37,846
Oct 2013010,76197.423.78$40,670
Sep 201309,426104.113.72$35,043
Aug 2013012,987104.253.52$45,748
Jul 2013013,564102.523.72$50,427
Jun 2013013,65194.403.93$53,695
May 2013010,40294.834.15$43,159
Apr 2013012,61993.964.28$54,042
Mar 2013011,87993.623.91$46,481
Feb 201307,45691.233.42$25,499
Jan 201306,73391.603.42$23,026
Dec 201208,45486.773.42$28,914
Nov 201208,21086.953.62$29,761
Oct 2012010,71889.383.40$36,438
Sep 201209,93294.672.92$28,986
Aug 2012011,21892.662.91$32,624
Jul 2012013,24885.133.02$40,020
Jun 2012014,32079.822.52$36,073
May 2012014,71891.612.49$36,623
Apr 2012013,401101.652.00$26,759
Mar 2012013,137105.052.22$29,191
Feb 2012013,452101.102.57$34,575
Jan 2012019,00798.092.73$51,967
Dec 2011020,99296.873.24$68,009
Nov 2011019,28495.723.31$63,855
Oct 2011020,58684.983.65$75,109
Sep 2011021,06383.623.99$83,953
Aug 2011021,61283.404.15$89,675
Jul 2011022,99194.144.52$103,856
Jun 2011022,68592.904.64$105,256
May 2011023,17798.134.40$102,091
Apr 2011022,365105.964.33$96,914
Mar 2011022,27496.364.06$90,373
Feb 2011020,26985.644.18$84,724
Jan 2011020,60386.504.59$94,543
Dec 2010022,96985.734.35$99,863
Nov 2010023,60280.843.80$89,577
Oct 2010021,44478.103.51$75,245
Sep 2010022,63072.633.98$90,055
Aug 2010023,93273.684.42$105,764
Jul 2010026,13672.554.74$123,793
Jun 2010024,42070.364.91$119,912
May 2010026,30271.124.24$111,395
Apr 2010023,06581.694.12$95,090
Mar 2010025,31978.394.39$111,117
Feb 2010025,91973.585.44$141,061
Jan 2010025,43874.365.96$151,715
Dec 2009026,41471.445.48$144,848
Nov 2009028,66074.593.75$107,518
Oct 2009032,85272.544.11$135,030
Sep 2009030,44265.543.06$93,297
Aug 2009031,70767.423.22$102,049
Jul 2009032,90661.133.46$114,003
Jun 2009032,76466.163.90$127,616
May 2009034,91954.743.93$137,083
Apr 2009034,52946.773.59$123,873
Mar 2009036,15342.144.06$146,745
Feb 2009034,47432.814.63$159,718
Jan 2009038,16535.865.37$204,984
Dec 2008039,11437.105.98$233,790
Nov 2008033,96255.496.86$232,992
Oct 2008037,22175.246.92$257,643
Sep 2008033,940101.767.88$267,348
Aug 2008034,610114.228.48$293,597
Jul 2008047,568131.0811.39$541,772
Jun 2008047,033131.3313.03$612,964
May 2008027,244123.1711.57$315,330
Apr 2008035,170110.3110.45$367,697
Mar 2008052,628101.909.66$508,601
Feb 2008059,05992.538.77$517,982
Jan 2008068,45190.388.21$561,690
Dec 2007071,45688.337.30$521,770
Nov 2007075,09491.677.29$547,563
Oct 2007084,52582.856.92$585,080
Sep 2007089,95975.846.24$561,718
Aug 2007088,75069.066.39$566,930
Jul 20070109,56870.906.39$699,914
Jun 20070138,01562.007.55$1,041,799
May 2007012,28158.747.85$96,360

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                5,296 Mcf  × $  3.05 =    $16,131

────────────────────────────────────────────────────
Month total                                  $16,131

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/232386 is the state's own key, not one this site invented.