KING

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 238006District 09Field 65280200CondensateGasSaveExport
Value, all time
$4.4 M
Jan 2008 – May 2026
Value, last 12 filed months
$60 k
at the published price for each month
Months reported
221
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
CondensateDisposition30 bbl$2,357
GasProduction872,488 Mcf$4,356,083
Total$4,358,439

Every month this lease reported (221)

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

221 months

May 202601,680106.413.05$5,117
Apr 202611,52798.932.87$4,481
Mar 202601,51489.753.15$4,768
Feb 202601,26163.503.75$4,729
Jan 202601,34459.138.00$10,749
Dec 202501,01056.664.41$4,457
Nov 202501,47658.593.93$5,795
Oct 202501,35859.383.30$4,488
Sep 202501,68762.743.08$5,191
Aug 202501,30263.933.01$3,925
Jul 202501,01866.743.32$3,375
Jun 2025081566.483.13$2,550
May 202501,01060.553.23$3,265
Apr 202511,53562.363.54$5,501
Mar 202531,49467.704.27$6,580
Feb 2025081770.884.34$3,546
Jan 202501,03974.324.28$4,446
Dec 202401,31168.993.12$4,092
Nov 202401,57969.052.20$3,471
Oct 202401,80571.372.28$4,118
Sep 202401,81069.612.36$4,279
Aug 20241075.632.06$76
Jul 202401,79079.932.15$3,842
Jun 202401,42078.082.63$3,740
May 202421,73578.812.20$3,972
Apr 202412,22484.451.66$3,775
Mar 202412,39680.301.55$3,782
Feb 202402,39676.091.78$4,274
Jan 202401,39073.023.30$4,584
Dec 202301,85971.262.61$4,853
Nov 202301,75777.892.81$4,933
Oct 202301,89185.443.09$5,838
Sep 202301,87089.042.74$5,115
Aug 202312,02980.522.67$5,504
Jul 202311,55074.852.64$4,170
Jun 202301,41668.962.26$3,198
May 202301,46070.622.23$3,252
Apr 202301,26078.122.24$2,820
Mar 202311,40072.852.39$3,423
Feb 202301,21075.112.47$2,983
Jan 202301,76176.533.39$5,966
Dec 202201,07576.415.73$6,159
Nov 20220185.005.65$6
Oct 202201,92987.185.86$11,311
Sep 202202,28784.888.16$18,670
Aug 202202,33594.529.13$21,312
Jul 202202,204101.587.54$16,623
Jun 202212,153115.097.98$17,290
May 202202,044109.378.43$17,237
Apr 202222,003104.226.84$13,904
Mar 202202,138108.885.08$10,853
Feb 202202,02491.054.86$9,834
Jan 202202,11281.844.54$9,584
Dec 202102,17071.323.90$8,461
Nov 202112,25877.435.24$11,902
Oct 202101,67379.795.71$9,559
Sep 202101,16369.865.35$6,223
Aug 202101,24466.024.22$5,250
Jul 202101,20570.783.98$4,798
Jun 202111,14969.493.38$3,954
May 202101,32063.483.02$3,983
Apr 202101,54260.362.76$4,253
Mar 202101,00161.302.72$2,720
Feb 2021070357.805.55$3,900
Jan 202101,75250.412.81$4,924
Dec 202001,84344.642.68$4,931
Nov 202001,60438.772.71$4,341
Oct 202001,75036.972.48$4,337
Sep 202001,76037.091.99$3,504
Aug 202001,78739.982.39$4,262
Jul 202001,84638.371.83$3,369
Jun 202002,00534.901.69$3,389
May 202002,29916.921.81$4,172
Apr 202002,31114.751.80$4,170
Mar 202002,41830.341.86$4,488
Feb 202002,21449.881.98$4,385
Jan 202002,29557.252.09$4,807
Dec 201902,46359.012.30$5,676
Nov 201902,13455.302.75$5,870
Oct 201902,24453.472.42$5,427
Sep 201902,21955.052.66$5,897
Aug 201902,25953.112.30$5,206
Jul 201902,45156.272.46$6,030
Jun 201902,31152.782.49$5,757
May 201902,48758.482.74$6,815
Apr 201902,24962.632.75$6,186
Mar 201902,28056.803.06$6,982
Feb 201902,14650.852.79$5,992
Jan 201902,35146.033.23$7,589
Dec 201802,34846.594.19$9,827
Nov 201802,47352.934.24$10,479
Oct 201802,44761.443.40$8,315
Sep 201802,53259.543.11$7,869
Aug 201802,60559.403.07$7,988
Jul 201802,55465.142.93$7,488
Jun 201802,47060.183.08$7,600
May 201802,61065.382.90$7,571
Apr 201802,71463.842.90$7,873
Mar 201802,89661.222.79$8,071
Feb 201802,61561.782.77$7,233
Jan 201802,90262.874.01$11,635
Dec 201702,82557.272.92$8,253
Nov 201702,81955.423.12$8,791
Oct 201702,94149.292.98$8,775
Sep 201702,97747.523.09$9,191
Aug 201703,12145.373.00$9,377
Jul 201703,11743.873.09$9,623
Jun 201703,02442.493.09$9,336
May 201703,08845.373.26$10,077
Apr 201702,92347.933.21$9,388
Mar 201703,13046.772.98$9,339
Feb 201702,86850.452.95$8,468
Jan 201703,18749.413.42$10,896
Dec 201602,45348.763.72$9,132
Nov 201602,83242.492.64$7,489
Oct 201603,10146.193.09$9,583
Sep 201613,03841.553.10$9,461
Aug 201603,22141.442.92$9,419
Jul 201603,25541.622.92$9,519
Jun 201603,12445.352.69$8,391
May 201603,23742.521.99$6,445
Apr 201603,29136.561.99$6,553
Mar 201603,71733.011.79$6,668
Feb 201602,95326.472.06$6,094
Jan 201603,15927.352.36$7,469
Dec 201503,35432.362.00$6,713
Nov 201503,30638.792.17$7,165
Oct 201503,20243.552.43$7,770
Sep 201503,12842.992.76$8,628
Aug 201503,50940.162.87$10,080
Jul 201503,42248.152.95$10,078
Jun 201503,39056.152.88$9,773
May 201503,51755.212.96$10,394
Apr 201513,16849.822.71$8,624
Mar 201513,54542.892.93$10,446
Feb 201513,23844.662.98$9,682
Jan 201503,41243.433.10$10,579
Dec 201403,48454.693.59$12,512
Nov 201413,31670.464.25$14,170
Oct 201403,69678.303.90$14,418
Sep 201423,57086.164.05$14,615
Aug 201403,69389.394.04$14,902
Jul 201403,79496.564.18$15,857
Jun 201403,66098.164.74$17,337
May 201403,81994.734.73$18,051
Apr 201413,58195.944.81$17,317
Mar 201413,63095.895.06$18,452
Feb 201413,29197.406.19$20,475
Jan 201413,51490.404.86$17,171
Dec 201303,57791.824.35$15,576
Nov 201303,44688.853.74$12,882
Oct 201303,96097.423.78$14,966
Sep 201303,726104.113.72$13,852
Aug 201303,841104.253.52$13,530
Jul 201304,812102.523.72$17,890
Jun 201313,62694.403.93$14,357
May 201303,84894.834.15$15,966
Apr 201303,89393.964.28$16,672
Mar 201303,88593.623.91$15,202
Feb 201302,61891.233.42$8,953
Jan 201304,24591.603.42$14,518
Dec 201204,26486.773.42$14,584
Nov 201204,62886.953.62$16,776
Oct 201204,99089.383.40$16,964
Sep 201204,71494.672.92$13,757
Aug 201203,75192.662.91$10,909
Jul 201204,31085.133.02$13,020
Jun 201204,25779.822.52$10,724
May 201204,73891.612.49$11,790
Apr 201204,886101.652.00$9,756
Mar 201206,139105.052.22$13,641
Feb 201205,732101.102.57$14,733
Jan 201205,47598.092.73$14,969
Dec 201105,15796.873.24$16,707
Nov 201105,72595.723.31$18,957
Oct 201105,56184.983.65$20,290
Sep 201103,44483.623.99$13,727
Aug 201102,80683.404.15$11,643
Jul 201102,81994.144.52$12,734
Jun 201103,60992.904.64$16,745
May 201103,80798.134.40$16,769
Apr 201105,240105.964.33$22,706
Mar 201105,59696.364.06$22,705
Feb 201104,13685.644.18$17,288
Jan 201104,52586.504.59$20,764
Dec 201004,99885.734.35$21,730
Nov 201006,44880.843.80$24,472
Oct 201006,28878.103.51$22,064
Sep 201005,55972.633.98$22,122
Aug 201007,88673.684.42$34,851
Jul 2010010,41372.554.74$49,321
Jun 201008,29870.364.91$40,747
May 201008,09571.124.24$34,284
Apr 201006,67681.694.12$27,523
Mar 201007,30978.394.39$32,077
Feb 201006,72373.585.44$36,589
Jan 201007,13374.365.96$42,542
Dec 200904,76971.445.48$26,152
Nov 200907,05874.593.75$26,478
Oct 200907,58372.544.11$31,168
Sep 200906,74965.543.06$20,684
Aug 200909,38267.423.22$30,196
Jul 200909,56361.133.46$33,131
Jun 200905,81366.163.90$22,642
May 200908,97054.743.93$35,214
Apr 200906,48946.773.59$23,279
Mar 200904,72342.144.06$19,171
Feb 200907,11132.814.63$32,945
Jan 200909,72135.865.37$52,211
Dec 200809,13137.105.98$54,577
Nov 200809,49055.496.86$65,105
Oct 2008011,15875.246.92$77,235
Sep 2008012,306101.767.88$96,935
Aug 2008013,705114.228.48$116,260
Jul 2008014,853131.0811.39$169,167
Jun 2008015,676131.3313.03$204,300
May 2008021,626123.1711.57$250,306
Apr 2008025,891110.3110.45$270,687
Mar 2008038,313101.909.66$370,260
Feb 200806,91392.538.77$60,631
Jan 2008023,66090.388.21$194,148

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                1,680 Mcf  × $  3.05 =     $5,117

────────────────────────────────────────────────────
Month total                                   $5,117

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/238006 is the state's own key, not one this site invented.