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 236823District 09Field 65280200CondensateGasSaveExport
Value, all time
$11.0 M
Aug 2007 – May 2026
Value, last 12 filed months
$138 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
CondensateDisposition10 bbl$494
GasProduction2,158,734 Mcf$11,039,465
Total$11,039,959

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 202603,082106.413.05$9,387
Apr 202603,09898.932.87$8,890
Mar 202603,12289.753.15$9,833
Feb 202602,78663.503.75$10,448
Jan 202603,33559.138.00$26,673
Dec 202502,97156.664.41$13,112
Nov 202502,86758.593.93$11,257
Oct 202502,99659.383.30$9,901
Sep 202502,92162.743.08$8,988
Aug 202503,01163.933.01$9,077
Jul 202503,19966.743.32$10,605
Jun 202503,08266.483.13$9,643
May 202503,11860.553.23$10,078
Apr 202503,12262.363.54$11,062
Mar 202503,25267.704.27$13,881
Feb 202503,02470.884.34$13,127
Jan 202503,37474.324.28$14,436
Dec 202403,35068.993.12$10,457
Nov 202403,02369.052.20$6,646
Oct 202403,25371.372.28$7,421
Sep 202403,11569.612.36$7,365
Aug 202403,22375.632.06$6,651
Jul 202403,23679.932.15$6,946
Jun 202403,21078.082.63$8,455
May 202403,31578.812.20$7,288
Apr 202403,11484.451.66$5,167
Mar 202403,50780.301.55$5,419
Feb 202403,16876.091.78$5,651
Jan 202403,38973.023.30$11,176
Dec 202303,41271.262.61$8,908
Nov 202303,10477.892.81$8,715
Oct 202302,30785.443.09$7,122
Sep 202303,17189.042.74$8,673
Aug 202303,25780.522.67$8,706
Jul 202303,23974.852.64$8,557
Jun 202303,22668.962.26$7,286
May 202303,39070.622.23$7,551
Apr 202303,34378.122.24$7,481
Mar 202303,57672.852.39$8,558
Feb 202303,12775.112.47$7,710
Jan 202302,47976.533.39$8,398
Dec 202202,93976.415.73$16,838
Nov 202203,39985.005.65$19,191
Oct 202203,46087.185.86$20,289
Sep 202203,37684.888.16$27,561
Aug 202203,41394.529.13$31,151
Jul 202203,420101.587.54$25,794
Jun 202203,386115.097.98$27,011
May 202203,577109.378.43$30,165
Apr 202203,542104.226.84$24,219
Mar 202203,431108.885.08$17,417
Feb 202203,25391.054.86$15,806
Jan 202203,57581.844.54$16,222
Dec 202103,70871.323.90$14,458
Nov 202103,60677.435.24$18,884
Oct 202103,72979.795.71$21,307
Sep 202103,60269.865.35$19,274
Aug 202103,72066.024.22$15,701
Jul 202103,78870.783.98$15,084
Jun 202103,62669.493.38$12,258
May 202103,80263.483.02$11,473
Apr 202103,58160.362.76$9,878
Mar 202103,49161.302.72$9,485
Feb 202102,64757.805.55$14,685
Jan 202104,02150.412.81$11,300
Dec 202004,08444.642.68$10,927
Nov 202003,97238.772.71$10,751
Oct 202004,08836.972.48$10,132
Sep 202003,82237.091.99$7,610
Aug 202003,90739.982.39$9,319
Jul 202003,81238.371.83$6,957
Jun 202003,72634.901.69$6,298
May 202003,84116.921.81$6,970
Apr 202003,76814.751.80$6,799
Mar 202003,96730.341.86$7,364
Feb 202003,69549.881.98$7,319
Jan 202003,57657.252.09$7,491
Dec 201904,03859.012.30$9,305
Nov 201903,82055.302.75$10,508
Oct 201903,92453.472.42$9,490
Sep 201903,84055.052.66$10,204
Aug 201903,69453.112.30$8,512
Jul 201903,23656.272.46$7,961
Jun 201903,48952.782.49$8,692
May 201903,60658.482.74$9,882
Apr 201903,46262.632.75$9,523
Mar 201903,73756.803.06$11,443
Feb 201903,43850.852.79$9,600
Jan 201903,73346.033.23$12,051
Dec 201804,63846.594.19$19,412
Nov 201804,33352.934.24$18,360
Oct 201805,16561.443.40$17,551
Sep 201805,14259.543.11$15,981
Aug 201805,43959.403.07$16,679
Jul 201805,45065.142.93$15,979
Jun 201805,02460.183.08$15,458
May 201804,01565.382.90$11,647
Apr 201805,30263.842.90$15,380
Mar 201805,69661.222.79$15,874
Feb 201804,98661.782.77$13,792
Jan 201804,45062.874.01$17,841
Dec 201705,59557.272.92$16,346
Nov 201705,42955.423.12$16,930
Oct 201705,68449.292.98$16,959
Sep 201705,43247.523.09$16,770
Aug 201705,59245.373.00$16,801
Jul 201705,56243.873.09$17,171
Jun 201705,31642.493.09$16,412
May 201705,56145.373.26$18,148
Apr 201705,53847.933.21$17,786
Mar 201705,67746.772.98$16,938
Feb 201705,00550.452.95$14,778
Jan 2017105,64849.413.42$19,803
Dec 201605,87348.763.72$21,864
Nov 201605,83142.492.64$15,419
Oct 201606,13446.193.09$18,956
Sep 201606,07041.553.10$18,821
Aug 201606,26441.442.92$18,318
Jul 201606,32441.622.92$18,494
Jun 201606,17345.352.69$16,580
May 201606,12842.521.99$12,201
Apr 201606,27836.561.99$12,500
Mar 201606,43033.011.79$11,535
Feb 201606,01626.472.06$12,415
Jan 201606,96027.352.36$16,456
Dec 201507,05532.362.00$14,120
Nov 201506,87838.792.17$14,907
Oct 201507,31843.552.43$17,758
Sep 201507,15342.992.76$19,731
Aug 201507,30440.162.87$20,981
Jul 201506,69848.152.95$19,726
Jun 201506,64656.152.88$19,159
May 201506,93555.212.96$20,496
Apr 201507,30049.822.71$19,758
Mar 201507,38442.892.93$21,670
Feb 201506,76344.662.98$20,128
Jan 201506,74843.433.10$20,923
Dec 201407,82754.693.59$28,110
Nov 201407,77070.464.25$33,037
Oct 201407,54678.303.90$29,437
Sep 201405,66086.164.05$22,897
Aug 201407,73189.394.04$31,196
Jul 201408,58296.564.18$35,869
Jun 201407,86998.164.74$37,275
May 201408,92794.734.73$42,194
Apr 201408,83995.944.81$42,508
Mar 201407,31895.895.06$37,006
Feb 201405,54197.406.19$34,310
Jan 201408,35490.404.86$40,606
Dec 201304,74591.824.35$20,662
Nov 201308,36888.853.74$31,282
Oct 201307,69597.423.78$29,082
Sep 201307,274104.113.72$27,043
Aug 201308,575104.253.52$30,206
Jul 2013010,006102.523.72$37,200
Jun 201307,41594.403.93$29,166
May 201309,04894.834.15$37,541
Apr 201309,13193.964.28$39,104
Mar 201309,83593.623.91$38,483
Feb 201307,26691.233.42$24,849
Jan 201308,15491.603.42$27,886
Dec 2012010,82386.773.42$37,016
Nov 201208,26886.953.62$29,971
Oct 201209,49289.383.40$32,270
Sep 201209,56394.672.92$27,909
Aug 201209,74992.662.91$28,352
Jul 2012010,90185.133.02$32,930
Jun 201207,34079.822.52$18,490
May 201209,40491.612.49$23,400
Apr 201207,608101.652.00$15,192
Mar 2012010,388105.052.22$23,083
Feb 2012011,010101.102.57$28,298
Jan 2012012,30798.092.73$33,648
Dec 2011012,69596.873.24$41,129
Nov 201109,47195.723.31$31,361
Oct 2011013,32284.983.65$48,606
Sep 201108,62783.623.99$34,386
Aug 201109,17683.404.15$38,074
Jul 2011011,42994.144.52$51,628
Jun 2011011,49892.904.64$53,349
May 2011013,66898.134.40$60,205
Apr 2011014,128105.964.33$61,221
Mar 2011014,63996.364.06$59,395
Feb 2011013,53085.644.18$56,555
Jan 2011015,48086.504.59$71,034
Dec 2010015,93185.734.35$69,264
Nov 2010015,45980.843.80$58,672
Oct 2010015,45678.103.51$54,233
Sep 2010015,53872.633.98$61,833
Aug 2010017,94773.684.42$79,314
Jul 2010018,71472.554.74$88,639
Jun 2010015,54070.364.91$76,308
May 201003,93971.124.24$16,683
Apr 20100081.694.12$0
Mar 2010016,80078.394.39$73,730
Feb 2010017,07573.585.44$92,928
Jan 2010019,69974.365.96$117,487
Dec 2009019,81571.445.48$108,661
Nov 2009018,46074.593.75$69,253
Oct 2009020,45072.544.11$84,055
Sep 2009019,38265.543.06$59,401
Aug 2009022,62667.423.22$72,822
Jul 2009023,16561.133.46$80,255
Jun 2009021,96266.163.90$85,542
May 2009021,83354.743.93$85,711
Apr 2009024,30846.773.59$87,205
Mar 2009024,26842.144.06$98,504
Feb 2009024,22232.814.63$112,221
Jan 2009025,33235.865.37$136,058
Dec 2008024,72537.105.98$147,785
Nov 2008027,65255.496.86$189,703
Oct 2008030,12875.246.92$208,545
Sep 2008032,449101.767.88$255,604
Aug 2008035,691114.228.48$302,767
Jul 2008039,007131.0811.39$444,268
Jun 2008041,261131.3313.03$537,739
May 2008041,790123.1711.57$483,690
Apr 2008041,347110.3110.45$432,277
Mar 2008025,959101.909.66$250,870
Feb 200802,32392.538.77$20,374
Jan 2008016,35590.388.21$134,205
Dec 2007051,83888.337.30$378,520
Nov 2007055,34091.677.29$403,523
Oct 2007068,64982.856.92$475,187
Sep 2007081,04075.846.24$506,027
Aug 2007063,66469.066.39$406,682

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                3,082 Mcf  × $  3.05 =     $9,387

────────────────────────────────────────────────────
Month total                                   $9,387

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/236823 is the state's own key, not one this site invented.