RAYBURN

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 236821District 09Field 65280200CondensateGasSaveExport
Value, all time
$7.9 M
Aug 2007 – May 2026
Value, last 12 filed months
$108 k
at the published price for each month
Months reported
226
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$395
GasProduction1,485,605 Mcf$7,921,208
Total$7,921,603

Every month this lease reported (226)

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

226 months

May 202602,337106.413.05$7,118
Apr 202602,28198.932.87$6,546
Mar 202602,44389.753.15$7,694
Feb 202602,23063.503.75$8,363
Jan 202602,45059.138.00$19,595
Dec 202502,21456.664.41$9,771
Nov 202502,31258.593.93$9,078
Oct 202502,31059.383.30$7,634
Sep 202502,17462.743.08$6,689
Aug 202502,47963.933.01$7,474
Jul 202502,71966.743.32$9,014
Jun 202502,83166.483.13$8,857
May 202503,00360.553.23$9,707
Apr 202502,90962.363.54$10,307
Mar 202502,70367.704.27$11,537
Feb 202502,34570.884.34$10,179
Jan 202502,66974.324.28$11,420
Dec 202402,58768.993.12$8,075
Nov 202402,50369.052.20$5,503
Oct 202402,60171.372.28$5,934
Sep 202402,48669.612.36$5,878
Aug 202402,86775.632.06$5,916
Jul 202403,08179.932.15$6,614
Jun 202403,00478.082.63$7,912
May 202403,09178.812.20$6,795
Apr 202403,02984.451.66$5,026
Mar 202403,05380.301.55$4,717
Feb 202402,56576.091.78$4,575
Jan 202402,75873.023.30$9,095
Dec 202302,94971.262.61$7,699
Nov 202303,03877.892.81$8,529
Oct 202302,33185.443.09$7,196
Sep 202302,68689.042.74$7,346
Aug 202302,40480.522.67$6,426
Jul 202302,45074.852.64$6,472
Jun 202302,36568.962.26$5,341
May 202302,41770.622.23$5,384
Apr 202302,33478.122.24$5,223
Mar 202302,51772.852.39$6,024
Feb 202302,25475.112.47$5,558
Jan 202302,56876.533.39$8,700
Dec 202202,39276.415.73$13,704
Nov 202202,26085.005.65$12,760
Oct 202202,42687.185.86$14,225
Sep 202202,23684.888.16$18,254
Aug 202202,27094.529.13$20,719
Jul 202202,334101.587.54$17,603
Jun 202202,308115.097.98$18,411
May 202202,429109.378.43$20,484
Apr 202202,458104.226.84$16,807
Mar 202202,558108.885.08$12,985
Feb 202202,36191.054.86$11,472
Jan 202202,21681.844.54$10,056
Dec 202102,53871.323.90$9,896
Nov 202102,37177.435.24$12,417
Oct 202102,44679.795.71$13,976
Sep 202102,54469.865.35$13,613
Aug 202102,77266.024.22$11,699
Jul 202102,13570.783.98$8,502
Jun 202102,44669.493.38$8,269
May 202102,43263.483.02$7,339
Apr 202102,35160.362.76$6,485
Mar 202102,52361.302.72$6,855
Feb 202101,54957.805.55$8,594
Jan 202102,11950.412.81$5,955
Dec 202002,18544.642.68$5,846
Nov 202002,18638.772.71$5,917
Oct 202002,48036.972.48$6,147
Sep 202002,10337.091.99$4,187
Aug 2020088939.982.39$2,120
Jul 202002,01938.371.83$3,685
Jun 2020056434.901.69$953
May 2020093016.921.81$1,688
Apr 202001,50714.751.80$2,719
Mar 202001,52130.341.86$2,823
Feb 202001,41149.881.98$2,795
Jan 202001,50057.252.09$3,142
Dec 201902,31659.012.30$5,337
Nov 201902,01355.302.75$5,537
Oct 201902,06253.472.42$4,987
Sep 201902,01455.052.66$5,352
Aug 201901,93353.112.30$4,454
Jul 201902,39956.272.46$5,902
Jun 201902,31152.782.49$5,757
May 201902,36258.482.74$6,473
Apr 201902,30662.632.75$6,343
Mar 201902,53556.803.06$7,762
Feb 201902,45150.852.79$6,844
Jan 201903,05646.033.23$9,865
Dec 201803,11946.594.19$13,054
Nov 201803,20252.934.24$13,568
Oct 201803,00361.443.40$10,204
Sep 201802,85759.543.11$8,880
Aug 201803,02059.403.07$9,261
Jul 201803,18465.142.93$9,335
Jun 201803,23860.183.08$9,963
May 201803,21465.382.90$9,323
Apr 201802,68463.842.90$7,786
Mar 201802,74461.222.79$7,647
Feb 201802,60761.782.77$7,211
Jan 201803,05662.874.01$12,252
Dec 201703,19157.272.92$9,323
Nov 201702,38255.423.12$7,428
Oct 201702,51049.292.98$7,489
Sep 201702,46447.523.09$7,607
Aug 201703,20845.373.00$9,638
Jul 201703,34443.873.09$10,324
Jun 201702,78142.493.09$8,586
May 201702,54045.373.26$8,289
Apr 201702,41247.933.21$7,746
Mar 201702,51946.772.98$7,516
Feb 201702,33850.452.95$6,903
Jan 201782,53149.413.42$9,048
Dec 201602,70248.763.72$10,059
Nov 201602,76142.492.64$7,301
Oct 201603,12346.193.09$9,651
Sep 201602,84441.553.10$8,818
Aug 201602,96741.442.92$8,677
Jul 201603,03941.622.92$8,887
Jun 201602,88045.352.69$7,735
May 201602,89042.521.99$5,754
Apr 201602,85536.561.99$5,684
Mar 201603,10133.011.79$5,563
Feb 201603,30726.472.06$6,824
Jan 201604,05527.352.36$9,587
Dec 201503,88532.362.00$7,775
Nov 201504,05038.792.17$8,778
Oct 201504,29543.552.43$10,422
Sep 201503,46342.992.76$9,552
Aug 201502,92840.162.87$8,411
Jul 201502,81848.152.95$8,299
Jun 201503,02056.152.88$8,706
May 201502,81755.212.96$8,326
Apr 201502,92949.822.71$7,928
Mar 201503,09042.892.93$9,068
Feb 201502,73044.662.98$8,125
Jan 201503,01543.433.10$9,348
Dec 201403,22054.693.59$11,564
Nov 201402,84070.464.25$12,075
Oct 201402,97178.303.90$11,590
Sep 201402,78586.164.05$11,267
Aug 201402,84089.394.04$11,460
Jul 201403,27996.564.18$13,705
Jun 201403,97398.164.74$18,820
May 201403,76194.734.73$17,777
Apr 201403,23995.944.81$15,577
Mar 201405,20395.895.06$26,311
Feb 201403,86997.406.19$23,957
Jan 201404,22090.404.86$20,512
Dec 201304,10691.824.35$17,879
Nov 201304,47288.853.74$16,718
Oct 201303,95597.423.78$14,947
Sep 201304,008104.113.72$14,901
Aug 201305,284104.253.52$18,613
Jul 201305,998102.523.72$22,299
Jun 201306,58894.403.93$25,913
May 201306,55294.834.15$27,185
Apr 201303,78693.964.28$16,214
Mar 201306,49293.623.91$25,402
Feb 201305,98691.233.42$20,472
Jan 201306,99491.603.42$23,919
Dec 201206,78086.773.42$23,189
Nov 201207,13286.953.62$25,853
Oct 201207,51589.383.40$25,549
Sep 201206,68494.672.92$19,507
Aug 201206,77692.662.91$19,706
Jul 201206,57185.133.02$19,850
Jun 201206,46879.822.52$16,293
May 201206,27291.612.49$15,607
Apr 201206,513101.652.00$13,005
Mar 201206,433105.052.22$14,295
Feb 201206,128101.102.57$15,750
Jan 201206,78198.092.73$18,540
Dec 201106,98796.873.24$22,636
Nov 201107,13795.723.31$23,633
Oct 201107,43684.983.65$27,131
Sep 201107,96283.623.99$31,735
Aug 201108,43483.404.15$34,995
Jul 201108,18794.144.52$36,983
Jun 201108,00292.904.64$37,128
May 201108,01798.134.40$35,313
Apr 201107,875105.964.33$34,125
Mar 201108,03096.364.06$32,580
Feb 201107,36985.644.18$30,802
Jan 201108,33986.504.59$38,266
Dec 201008,34685.734.35$36,286
Nov 201009,02080.843.80$34,234
Oct 201009,85878.103.51$34,591
Sep 201009,86472.633.98$39,253
Aug 201008,20573.684.42$36,261
Jul 201009,49772.554.74$44,982
Jun 2010010,28070.364.91$50,479
May 2010012,06371.124.24$51,089
Apr 20100081.694.12$0
Mar 2010010,27278.394.39$45,080
Feb 201009,70373.585.44$52,807
Jan 2010011,86674.365.96$70,770
Dec 2009010,17571.445.48$55,797
Nov 200906,92974.593.75$25,994
Oct 2009011,17372.544.11$45,924
Sep 2009012,44465.543.06$38,138
Aug 2009013,36067.423.22$42,999
Jul 2009014,00761.133.46$48,527
Jun 2009014,21566.163.90$55,367
May 2009015,36154.743.93$60,303
Apr 2009015,39546.773.59$55,230
Mar 2009016,72442.144.06$67,883
Feb 2009016,28532.814.63$75,448
Jan 2009018,73435.865.37$100,620
Dec 2008019,96137.105.98$119,310
Nov 2008018,65755.496.86$127,994
Oct 2008019,49675.246.92$134,951
Sep 2008018,404101.767.88$144,970
Aug 2008019,930114.228.48$169,067
Jul 2008023,199131.0811.39$264,223
Jun 2008037,415131.3313.03$487,616
May 2008021,332123.1711.57$246,903
Apr 2008017,417110.3110.45$182,092
Mar 2008020,487101.909.66$197,988
Feb 2008051292.538.77$4,491
Jan 2008020,42990.388.21$167,635
Dec 2007050,96388.337.30$372,130
Nov 2007058,17391.677.29$424,180
Oct 2007071,96782.856.92$498,154
Sep 2007082,45375.846.24$514,850
Aug 2007077,19969.066.39$493,143

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                2,337 Mcf  × $  3.05 =     $7,118

────────────────────────────────────────────────────
Month total                                   $7,118

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/236821 is the state's own key, not one this site invented.