PRESSLEY

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 236827District 09Field 65280200CondensateGasSaveExport
Value, all time
$8.6 M
Sep 2007 – May 2026
Value, last 12 filed months
$174 k
at the published price for each month
Months reported
225
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
CondensateDisposition1 bbl$49
GasProduction1,740,738 Mcf$8,616,366
Total$8,616,416

Every month this lease reported (225)

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

225 months

May 202605,101106.413.05$15,537
Apr 202604,38198.932.87$12,572
Mar 202603,89389.753.15$12,261
Feb 202603,52063.503.75$13,201
Jan 202603,65959.138.00$29,264
Dec 202503,90756.664.41$17,243
Nov 202503,78958.593.93$14,877
Oct 202503,79459.383.30$12,539
Sep 202504,36062.743.08$13,415
Aug 202504,57963.933.01$13,805
Jul 202503,87266.743.32$12,836
Jun 202502,01066.483.13$6,289
May 202502,63160.553.23$8,504
Apr 202503,01862.363.54$10,693
Mar 202503,59967.704.27$15,362
Feb 202503,40170.884.34$14,763
Jan 202503,76474.324.28$16,105
Dec 202403,74768.993.12$11,696
Nov 202403,65769.052.20$8,040
Oct 202403,79871.372.28$8,665
Sep 202403,72569.612.36$8,807
Aug 202403,99675.632.06$8,246
Jul 202403,88479.932.15$8,337
Jun 202404,45078.082.63$11,721
May 202404,24378.812.20$9,328
Apr 202404,01284.451.66$6,657
Mar 202404,11880.301.55$6,363
Feb 202404,00676.091.78$7,145
Jan 202404,17873.023.30$13,778
Dec 202304,18571.262.61$10,926
Nov 202303,48177.892.81$9,773
Oct 202302,01485.443.09$6,218
Sep 202303,83889.042.74$10,497
Aug 202304,41180.522.67$11,790
Jul 202304,15374.852.64$10,971
Jun 202303,67468.962.26$8,298
May 202303,69470.622.23$8,228
Apr 202303,31678.122.24$7,420
Mar 202303,40872.852.39$8,156
Feb 202302,89475.112.47$7,136
Jan 202303,53476.533.39$11,972
Dec 202203,71376.415.73$21,272
Nov 202203,51485.005.65$19,841
Oct 202202,99287.185.86$17,544
Sep 202203,27784.888.16$26,752
Aug 202203,41294.529.13$31,142
Jul 202203,334101.587.54$25,145
Jun 202203,197115.097.98$25,503
May 202202,867109.378.43$24,178
Apr 202202,535104.226.84$17,333
Mar 202202,711108.885.08$13,762
Feb 202202,49591.054.86$12,123
Jan 202203,07381.844.54$13,944
Dec 202103,76671.323.90$14,684
Nov 202104,10677.435.24$21,503
Oct 202104,55979.795.71$26,050
Sep 202104,29669.865.35$22,988
Aug 202104,48966.024.22$18,946
Jul 202104,61670.783.98$18,381
Jun 202104,42869.493.38$14,969
May 202104,40763.483.02$13,299
Apr 202104,09060.362.76$11,282
Mar 202104,29061.302.72$11,656
Feb 202102,53857.805.55$14,081
Jan 202103,64850.412.81$10,252
Dec 202003,40644.642.68$9,113
Nov 202002,30138.772.71$6,228
Oct 202003,02836.972.48$7,505
Sep 202002,91837.091.99$5,810
Aug 202003,24739.982.39$7,744
Jul 202003,04238.371.83$5,552
Jun 202003,17934.901.69$5,374
May 202003,72416.921.81$6,758
Apr 202003,54214.751.80$6,391
Mar 202003,47130.341.86$6,443
Feb 202003,28649.881.98$6,508
Jan 202003,53857.252.09$7,411
Dec 201903,61759.012.30$8,335
Nov 201903,48455.302.75$9,583
Oct 201903,51853.472.42$8,508
Sep 201903,50955.052.66$9,324
Aug 201903,76453.112.30$8,674
Jul 201903,97656.272.46$9,781
Jun 201903,97352.782.49$9,898
May 201904,22158.482.74$11,567
Apr 201903,91262.632.75$10,761
Mar 201903,93256.803.06$12,040
Feb 201903,34550.852.79$9,340
Jan 201903,67146.033.23$11,851
Dec 201803,68946.594.19$15,440
Nov 201803,44852.934.24$14,610
Oct 201803,62961.443.40$12,332
Sep 201803,52159.543.11$10,943
Aug 201803,37259.403.07$10,340
Jul 201803,60765.142.93$10,575
Jun 201803,79760.183.08$11,683
May 201803,74465.382.90$10,861
Apr 201803,76563.842.90$10,922
Mar 201803,90161.222.79$10,871
Feb 201803,23761.782.77$8,954
Jan 201803,73062.874.01$14,955
Dec 201703,65557.272.92$10,678
Nov 201702,98955.423.12$9,321
Oct 201704,06649.292.98$12,132
Sep 201704,33747.523.09$13,390
Aug 201704,35045.373.00$13,069
Jul 201704,68343.873.09$14,458
Jun 201704,55542.493.09$14,063
May 201704,63245.373.26$15,116
Apr 201704,51847.933.21$14,510
Mar 201704,67846.772.98$13,958
Feb 201704,31050.452.95$12,726
Jan 201714,94349.413.42$16,949
Dec 201604,34948.763.72$16,191
Nov 201604,44742.492.64$11,759
Oct 201605,08846.193.09$15,723
Sep 201605,16541.553.10$16,015
Aug 201605,03241.442.92$14,715
Jul 201605,09341.622.92$14,894
Jun 201605,12745.352.69$13,770
May 201605,72842.521.99$11,405
Apr 201604,48736.561.99$8,934
Mar 201604,32933.011.79$7,766
Feb 201605,66326.472.06$11,686
Jan 201604,84627.352.36$11,458
Dec 201504,68432.362.00$9,375
Nov 201504,85538.792.17$10,522
Oct 201505,89943.552.43$14,314
Sep 201506,60142.992.76$18,208
Aug 201506,88240.162.87$19,768
Jul 201507,13148.152.95$21,001
Jun 201506,46556.152.88$18,638
May 201506,99955.212.96$20,685
Apr 201505,83049.822.71$15,779
Mar 201506,11042.892.93$17,931
Feb 201505,71144.662.98$16,997
Jan 201506,52343.433.10$20,225
Dec 201405,62654.693.59$20,205
Nov 201404,85270.464.25$20,630
Oct 201406,04078.303.90$23,562
Sep 201405,37786.164.05$21,752
Aug 201406,02989.394.04$24,328
Jul 201406,20896.564.18$25,947
Jun 201405,57398.164.74$26,399
May 201406,54294.734.73$30,921
Apr 201406,81695.944.81$32,779
Mar 201408,03995.895.06$40,652
Feb 201406,92197.406.19$42,855
Jan 201407,12390.404.86$34,623
Dec 201307,81991.824.35$34,048
Nov 201307,01488.853.74$26,220
Oct 201307,38997.423.78$27,926
Sep 201307,010104.113.72$26,061
Aug 201308,394104.253.52$29,569
Jul 201309,429102.523.72$35,055
Jun 201309,81394.403.93$38,599
May 201307,14294.834.15$29,633
Apr 201307,20393.964.28$30,848
Mar 201307,71493.623.91$30,184
Feb 201307,34491.233.42$25,116
Jan 201308,11991.603.42$27,766
Dec 201207,63886.773.42$26,123
Nov 201207,48386.953.62$27,126
Oct 201207,48389.383.40$25,440
Sep 201207,73894.672.92$22,583
Aug 201209,39092.662.91$27,308
Jul 201209,22485.133.02$27,864
Jun 201209,07279.822.52$22,853
May 201209,08891.612.49$22,614
Apr 201209,385101.652.00$18,740
Mar 2012010,008105.052.22$22,239
Feb 201209,293101.102.57$23,885
Jan 201209,85998.092.73$26,955
Dec 2011010,14396.873.24$32,861
Nov 2011010,64195.723.31$35,235
Oct 201108,15184.983.65$29,739
Sep 20110083.623.99$0
Aug 201106,41383.404.15$26,610
Jul 201108,13294.144.52$36,734
Jun 2011010,66592.904.64$49,484
May 201109,41698.134.40$41,476
Apr 201108,311105.964.33$36,014
Mar 201107,37696.364.06$29,927
Feb 201107,26185.644.18$30,351
Jan 2011011,12386.504.59$51,041
Dec 2010011,29885.734.35$49,121
Nov 201006,71480.843.80$25,482
Oct 2010011,88378.103.51$41,696
Sep 201009,05872.633.98$36,046
Aug 2010012,36073.684.42$54,623
Jul 2010014,63972.554.74$69,337
Jun 2010013,82170.364.91$67,867
May 2010013,33971.124.24$56,494
Apr 20100081.694.12$0
Mar 2010013,71678.394.39$60,195
Feb 2010010,50573.585.44$57,172
Jan 2010012,22774.365.96$72,923
Dec 200909,83171.445.48$53,911
Nov 200909,88474.593.75$37,080
Oct 200909,95372.544.11$40,909
Sep 2009017,06065.543.06$52,285
Aug 2009016,96867.423.22$54,612
Jul 2009016,95961.133.46$58,754
Jun 2009018,92866.163.90$73,725
May 2009020,56054.743.93$80,713
Apr 2009020,54246.773.59$73,694
Mar 2009018,74542.144.06$76,086
Feb 2009012,65732.814.63$58,640
Jan 2009013,40635.865.37$72,004
Dec 2008017,14637.105.98$102,484
Nov 2008021,22555.496.86$145,611
Oct 2008024,47075.246.92$169,381
Sep 2008022,751101.767.88$179,212
Aug 2008021,102114.228.48$179,009
Jul 2008022,539131.0811.39$256,706
Jun 2008023,111131.3313.03$301,197
May 2008028,268123.1711.57$327,182
Apr 2008029,541110.3110.45$308,847
Mar 2008029,480101.909.66$284,897
Feb 2008013,94692.538.77$122,315
Jan 2008023,73590.388.21$194,763
Dec 2007048,00688.337.30$350,538
Nov 2007055,06891.677.29$401,539
Oct 2007074,00582.856.92$512,261
Sep 2007046,61275.846.24$291,053

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                5,101 Mcf  × $  3.05 =    $15,537

────────────────────────────────────────────────────
Month total                                  $15,537

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/236827 is the state's own key, not one this site invented.