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 238019District 09Field 65280200CondensateGasSaveExport
Value, all time
$4.5 M
Jan 2008 – May 2026
Value, last 12 filed months
$70 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
CondensateDisposition29 bbl$2,278
GasProduction852,750 Mcf$4,448,328
Total$4,450,606

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 202602,147106.413.05$6,539
Apr 202611,32898.932.87$3,910
Mar 202602,11689.753.15$6,664
Feb 202602,01963.503.75$7,572
Jan 202601,76959.138.00$14,148
Dec 2025092556.664.41$4,082
Nov 2025062558.593.93$2,454
Oct 202501,03859.383.30$3,430
Sep 202501,36262.743.08$4,191
Aug 202501,62163.933.01$4,887
Jul 202501,85166.743.32$6,136
Jun 202501,91466.483.13$5,988
May 202501,48760.553.23$4,806
Apr 202511,27062.363.54$4,562
Mar 202531,36567.704.27$6,029
Feb 202501,22470.884.34$5,313
Jan 202501,02474.324.28$4,381
Dec 202401,11768.993.12$3,487
Nov 2024093669.052.20$2,058
Oct 2024075371.372.28$1,718
Sep 202401,04069.612.36$2,459
Aug 20241075.632.06$76
Jul 2024047179.932.15$1,011
Jun 202401,04478.082.63$2,750
May 202411,26078.812.20$2,849
Apr 202411,10184.451.66$1,911
Mar 202411,02880.301.55$1,669
Feb 202401,13676.091.78$2,026
Jan 202401,45673.023.30$4,801
Dec 202301,78571.262.61$4,660
Nov 202301,76277.892.81$4,947
Oct 202301,71885.443.09$5,304
Sep 202301,28489.042.74$3,512
Aug 202311,59380.522.67$4,338
Jul 202311,68974.852.64$4,537
Jun 202301,52668.962.26$3,446
May 202301,56170.622.23$3,477
Apr 202301,43478.122.24$3,209
Mar 202311,55772.852.39$3,799
Feb 202301,66175.112.47$4,095
Jan 202302,03976.533.39$6,908
Dec 202201,96576.415.73$11,258
Nov 202202,39685.005.65$13,528
Oct 202202,28287.185.86$13,381
Sep 202202,13984.888.16$17,462
Aug 202201,75494.529.13$16,009
Jul 202201,680101.587.54$12,671
Jun 202211,746115.097.98$14,043
May 202201,483109.378.43$12,506
Apr 202221,761104.226.84$12,249
Mar 202201,501108.885.08$7,620
Feb 202201,22491.054.86$5,947
Jan 202201,28681.844.54$5,835
Dec 202101,57671.323.90$6,145
Nov 202111,68677.435.24$8,907
Oct 202101,48879.795.71$8,502
Sep 2021083369.865.35$4,457
Aug 202101,34066.024.22$5,656
Jul 202101,18770.783.98$4,727
Jun 202111,21069.493.38$4,160
May 202101,23263.483.02$3,718
Apr 202101,18560.362.76$3,269
Mar 2021031261.302.72$848
Feb 2021042057.805.55$2,330
Jan 202101,38450.412.81$3,889
Dec 202001,82144.642.68$4,872
Nov 202001,19238.772.71$3,226
Oct 2020052636.972.48$1,304
Sep 2020026137.091.99$520
Aug 202001,14739.982.39$2,736
Jul 202001,86938.371.83$3,411
Jun 202002,29534.901.69$3,879
May 202001,62816.921.81$2,954
Apr 202001,96014.751.80$3,537
Mar 202002,54530.341.86$4,724
Feb 202002,34649.881.98$4,647
Jan 202002,53357.252.09$5,306
Dec 201902,85459.012.30$6,577
Nov 201902,47755.302.75$6,813
Oct 201902,34653.472.42$5,674
Sep 201903,04855.052.66$8,099
Aug 201903,25253.112.30$7,494
Jul 201903,07956.272.46$7,575
Jun 201902,98252.782.49$7,429
May 201903,02558.482.74$8,289
Apr 201903,08962.632.75$8,497
Mar 201903,23056.803.06$9,891
Feb 201902,98050.852.79$8,321
Jan 201903,11746.033.23$10,062
Dec 201802,97246.594.19$12,439
Nov 201802,85752.934.24$12,106
Oct 201803,05661.443.40$10,385
Sep 201803,25459.543.11$10,113
Aug 201803,27659.403.07$10,046
Jul 201803,47365.142.93$10,182
Jun 201803,50960.183.08$10,797
May 201803,51565.382.90$10,196
Apr 201802,96563.842.90$8,601
Mar 201802,52561.222.79$7,037
Feb 201802,42761.782.77$6,713
Jan 201803,00962.874.01$12,064
Dec 201703,24557.272.92$9,480
Nov 201702,82355.423.12$8,803
Oct 201702,81049.292.98$8,384
Sep 201703,15847.523.09$9,750
Aug 201702,93145.373.00$8,806
Jul 201703,00143.873.09$9,265
Jun 201703,12142.493.09$9,635
May 201703,34245.373.26$10,906
Apr 201703,28647.933.21$10,553
Mar 201703,57146.772.98$10,655
Feb 201703,17350.452.95$9,369
Jan 201703,24049.413.42$11,077
Dec 201603,59748.763.72$13,391
Nov 201603,32742.492.64$8,798
Oct 201603,66046.193.09$11,310
Sep 201613,57541.553.10$11,126
Aug 201602,74941.442.92$8,039
Jul 201602,13241.622.92$6,235
Jun 201602,90845.352.69$7,810
May 201602,31642.521.99$4,611
Apr 201603,09036.561.99$6,152
Mar 201603,66033.011.79$6,566
Feb 201603,17026.472.06$6,542
Jan 201603,35227.352.36$7,925
Dec 201502,65732.362.00$5,318
Nov 201502,94738.792.17$6,387
Oct 201502,87843.552.43$6,984
Sep 201502,19642.992.76$6,057
Aug 201502,89740.162.87$8,322
Jul 201502,59748.152.95$7,648
Jun 201502,53456.152.88$7,305
May 201502,40955.212.96$7,120
Apr 201511,93249.822.71$5,279
Mar 201512,85642.892.93$8,424
Feb 201512,54044.662.98$7,604
Jan 201502,65043.433.10$8,217
Dec 201402,44454.693.59$8,777
Nov 201412,37170.464.25$10,152
Oct 201402,50878.303.90$9,784
Sep 201422,58186.164.05$10,614
Aug 201402,67789.394.04$10,802
Jul 201402,64696.564.18$11,059
Jun 201402,28798.164.74$10,833
May 201402,27594.734.73$10,753
Apr 201412,20395.944.81$10,690
Mar 201412,41195.895.06$12,288
Feb 201412,30097.406.19$14,339
Jan 201412,36890.404.86$11,601
Dec 201302,30291.824.35$10,024
Nov 201302,31388.853.74$8,647
Oct 201302,89997.423.78$10,956
Sep 201302,683104.113.72$9,975
Aug 201302,604104.253.52$9,173
Jul 201302,503102.523.72$9,306
Jun 201312,48794.403.93$9,877
May 201302,35794.834.15$9,779
Apr 201302,66693.964.28$11,417
Mar 201302,63293.623.91$10,299
Feb 201302,05191.233.42$7,014
Jan 201301,82991.603.42$6,255
Dec 201202,39386.773.42$8,184
Nov 201202,47686.953.62$8,975
Oct 201201,95489.383.40$6,643
Sep 201201,86494.672.92$5,440
Aug 201201,70592.662.91$4,958
Jul 201201,92785.133.02$5,821
Jun 201201,71279.822.52$4,313
May 201201,93291.612.49$4,807
Apr 201202,349101.652.00$4,690
Mar 201203,782105.052.22$8,404
Feb 201202,196101.102.57$5,644
Jan 201202,31198.092.73$6,318
Dec 201103,86496.873.24$12,518
Nov 201103,18395.723.31$10,540
Oct 201103,99884.983.65$14,587
Sep 201104,26583.623.99$16,999
Aug 201105,34483.404.15$22,174
Jul 201103,77994.144.52$17,071
Jun 201102,43292.904.64$11,284
May 201105,79198.134.40$25,508
Apr 201103,691105.964.33$15,994
Mar 201105,17896.364.06$21,009
Feb 201106,01085.644.18$25,122
Jan 201105,05986.504.59$23,215
Dec 201004,79185.734.35$20,830
Nov 201005,68480.843.80$21,573
Oct 201006,80778.103.51$23,885
Sep 201007,54372.633.98$30,017
Aug 201005,83073.684.42$25,765
Jul 2010015,86872.554.74$75,159
Jun 2010020,58370.364.91$101,071
May 201006,26771.124.24$26,542
Apr 201007,88281.694.12$32,495
Mar 201009,26878.394.39$40,674
Feb 201008,95373.585.44$48,725
Jan 201008,59374.365.96$51,249
Dec 200909,67071.445.48$53,028
Nov 2009010,26574.593.75$38,509
Oct 200905,50672.544.11$22,631
Sep 200908,09265.543.06$24,800
Aug 200904,77367.423.22$15,362
Jul 200904,93861.133.46$17,108
Jun 2009010,19666.163.90$39,713
May 2009010,87854.743.93$42,704
Apr 200906,66546.773.59$23,911
Mar 200906,93142.144.06$28,133
Feb 200908,13132.814.63$37,671
Jan 200909,24535.865.37$49,655
Dec 200807,52937.105.98$45,002
Nov 2008012,07855.496.86$82,859
Oct 200807,19775.246.92$49,817
Sep 2008014,938101.767.88$117,668
Aug 2008021,097114.228.48$178,966
Jul 2008012,703131.0811.39$144,680
Jun 2008013,913131.3313.03$181,323
May 2008027,993123.1711.57$323,999
Apr 2008020,808110.3110.45$217,545
Mar 2008041,180101.909.66$397,966
Feb 2008011,80992.538.77$103,572
Jan 2008030,67890.388.21$251,735

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                2,147 Mcf  × $  3.05 =     $6,539

────────────────────────────────────────────────────
Month total                                   $6,539

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/238019 is the state's own key, not one this site invented.