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 65280200CondensateGasSaveExport
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

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
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.