KTV CADDO

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 238035District 09Field 65280200CondensateGasSaveExport
Value, all time
$8.6 M
Sep 2007 – May 2026
Value, last 12 filed months
$0
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
CondensateDisposition8 bbl$395
GasProduction1,643,061 Mcf$8,560,669
Total$8,561,065

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 202600106.413.05$0
Apr 20260098.932.87$0
Mar 20260089.753.15$0
Feb 20260063.503.75$0
Jan 20260059.138.00$0
Dec 20250056.664.41$0
Nov 20250058.593.93$0
Oct 20250059.383.30$0
Sep 20250062.743.08$0
Aug 20250063.933.01$0
Jul 20250066.743.32$0
Jun 20250066.483.13$0
May 20250060.553.23$0
Apr 20250062.363.54$0
Mar 20250067.704.27$0
Feb 20250070.884.34$0
Jan 20250074.324.28$0
Dec 20240068.993.12$0
Nov 20240069.052.20$0
Oct 20240071.372.28$0
Sep 20240069.612.36$0
Aug 20240075.632.06$0
Jul 20240079.932.15$0
Jun 20240078.082.63$0
May 20240078.812.20$0
Apr 20240084.451.66$0
Mar 20240080.301.55$0
Feb 20240076.091.78$0
Jan 20240073.023.30$0
Dec 20230071.262.61$0
Nov 20230077.892.81$0
Oct 20230085.443.09$0
Sep 20230089.042.74$0
Aug 20230080.522.67$0
Jul 20230074.852.64$0
Jun 20230068.962.26$0
May 20230070.622.23$0
Apr 20230078.122.24$0
Mar 20230072.852.39$0
Feb 20230075.112.47$0
Jan 20230076.533.39$0
Dec 20220076.415.73$0
Nov 20220085.005.65$0
Oct 20220087.185.86$0
Sep 20220084.888.16$0
Aug 20220094.529.13$0
Jul 202200101.587.54$0
Jun 202200115.097.98$0
May 202200109.378.43$0
Apr 202200104.226.84$0
Mar 202200108.885.08$0
Feb 20220091.054.86$0
Jan 20220081.844.54$0
Dec 20210071.323.90$0
Nov 20210077.435.24$0
Oct 20210079.795.71$0
Sep 20210069.865.35$0
Aug 20210066.024.22$0
Jul 20210070.783.98$0
Jun 20210069.493.38$0
May 20210063.483.02$0
Apr 20210060.362.76$0
Mar 202101,22761.302.72$3,334
Feb 202102,57657.805.55$14,292
Jan 202103,41850.412.81$9,606
Dec 202003,49544.642.68$9,351
Nov 202003,25138.772.71$8,799
Oct 202003,43936.972.48$8,523
Sep 202003,27237.091.99$6,515
Aug 202003,55939.982.39$8,489
Jul 202003,69838.371.83$6,749
Jun 202003,73434.901.69$6,312
May 202003,74016.921.81$6,787
Apr 202003,51214.751.80$6,337
Mar 202003,42630.341.86$6,359
Feb 202003,23949.881.98$6,415
Jan 202003,49157.252.09$7,313
Dec 201903,81159.012.30$8,782
Nov 201903,22955.302.75$8,882
Oct 201903,79853.472.42$9,186
Sep 201903,88455.052.66$10,321
Aug 201904,16553.112.30$9,598
Jul 201903,90156.272.46$9,597
Jun 201903,40752.782.49$8,488
May 201903,56558.482.74$9,769
Apr 201903,65962.632.75$10,065
Mar 201903,88756.803.06$11,902
Feb 201903,73750.852.79$10,435
Jan 201904,27646.033.23$13,804
Dec 201804,25046.594.19$17,788
Nov 201804,19352.934.24$17,767
Oct 201804,35961.443.40$14,812
Sep 201804,13459.543.11$12,848
Aug 201804,24359.403.07$13,011
Jul 201804,39465.142.93$12,883
Jun 201804,32060.183.08$13,292
May 201804,52365.382.90$13,120
Apr 201804,77563.842.90$13,851
Mar 201805,10761.222.79$14,232
Feb 201804,70161.782.77$13,004
Jan 201805,00662.874.01$20,071
Dec 201704,94757.272.92$14,453
Nov 201704,65155.423.12$14,503
Oct 201705,14849.292.98$15,360
Sep 201705,28347.523.09$16,310
Aug 201705,23345.373.00$15,722
Jul 201705,08343.873.09$15,693
Jun 201704,92942.493.09$15,217
May 201705,02445.373.26$16,395
Apr 201705,05147.933.21$16,222
Mar 201705,21446.772.98$15,557
Feb 201705,02850.452.95$14,846
Jan 201785,67149.413.42$19,783
Dec 201605,94548.763.72$22,132
Nov 201605,73042.492.64$15,152
Oct 201605,81046.193.09$17,954
Sep 201605,54041.553.10$17,177
Aug 201605,51841.442.92$16,137
Jul 201605,45041.622.92$15,938
Jun 201605,50045.352.69$14,772
May 201605,77842.521.99$11,504
Apr 201605,70836.561.99$11,365
Mar 201605,90233.011.79$10,588
Feb 201605,43726.472.06$11,220
Jan 201605,87727.352.36$13,895
Dec 201506,27332.362.00$12,555
Nov 201505,92138.792.17$12,833
Oct 201506,72643.552.43$16,321
Sep 201505,99442.992.76$16,534
Aug 201506,41040.162.87$18,413
Jul 201506,38048.152.95$18,790
Jun 201506,45256.152.88$18,600
May 201506,38755.212.96$18,876
Apr 201506,17049.822.71$16,700
Mar 201506,48842.892.93$19,040
Feb 201505,79844.662.98$17,256
Jan 201506,48443.433.10$20,104
Dec 201406,58854.693.59$23,660
Nov 201406,33970.464.25$26,952
Oct 201406,56478.303.90$25,606
Sep 201406,39786.164.05$25,879
Aug 201406,87889.394.04$27,754
Jul 201406,82996.564.18$28,542
Jun 201406,62898.164.74$31,396
May 201407,14694.734.73$33,776
Apr 201406,81795.944.81$32,784
Mar 201406,51095.895.06$32,920
Feb 201406,00397.406.19$37,171
Jan 201407,28990.404.86$35,430
Dec 201307,02791.824.35$30,599
Nov 201306,74788.853.74$25,222
Oct 201307,14297.423.78$26,992
Sep 201306,844104.113.72$25,444
Aug 201307,012104.253.52$24,701
Jul 201307,983102.523.72$29,679
Jun 201307,28694.403.93$28,659
May 201307,71494.834.15$32,006
Apr 201307,42393.964.28$31,790
Mar 201308,03393.623.91$31,432
Feb 201307,49791.233.42$25,639
Jan 201307,88591.603.42$26,966
Dec 201208,35686.773.42$28,579
Nov 201208,20786.953.62$29,750
Oct 201208,74689.383.40$29,734
Sep 201208,42794.672.92$24,593
Aug 201208,80292.662.91$25,598
Jul 201208,52685.133.02$25,755
Jun 201208,64479.822.52$21,775
May 201209,24391.612.49$23,000
Apr 201208,907101.652.00$17,786
Mar 201209,786105.052.22$21,745
Feb 201209,318101.102.57$23,950
Jan 2012010,88398.092.73$29,755
Dec 2011011,91196.873.24$38,589
Nov 201109,34295.723.31$30,934
Oct 2011010,72984.983.65$39,145
Sep 2011010,92883.623.99$43,557
Aug 2011011,10283.404.15$46,066
Jul 2011011,20394.144.52$50,607
Jun 2011010,69892.904.64$49,637
May 2011012,50698.134.40$55,087
Apr 2011011,112105.964.33$48,151
Mar 2011012,08096.364.06$49,013
Feb 2011016,56585.644.18$69,241
Jan 2011015,36186.504.59$70,488
Dec 2010011,75485.734.35$51,103
Nov 2010011,34880.843.80$43,069
Oct 2010012,24278.103.51$42,956
Sep 2010012,53172.633.98$49,867
Aug 2010013,67473.684.42$60,430
Jul 2010012,96172.554.74$61,390
Jun 201004,72170.364.91$23,182
May 2010014,37471.124.24$60,877
Apr 2010015,16981.694.12$62,537
Mar 2010016,37278.394.39$71,851
Feb 2010018,52573.585.44$100,820
Jan 2010018,61474.365.96$111,016
Dec 2009019,35671.445.48$106,143
Nov 2009019,13374.593.75$71,777
Oct 2009018,47072.544.11$75,916
Sep 2009016,80365.543.06$51,497
Aug 200906,98667.423.22$22,484
Jul 2009020,24161.133.46$70,125
Jun 2009012,00566.163.90$46,759
May 2009010,12254.743.93$39,736
Apr 2009020,00546.773.59$71,768
Mar 2009018,90442.144.06$76,731
Feb 200904,29432.814.63$19,894
Jan 20090035.865.37$0
Dec 2008012,05237.105.98$72,036
Nov 2008021,26455.496.86$145,879
Oct 2008024,80575.246.92$171,700
Sep 2008023,947101.767.88$188,633
Aug 2008026,133114.228.48$221,687
Jul 2008027,842131.0811.39$317,105
Jun 2008028,809131.3313.03$375,457
May 2008031,886123.1711.57$369,058
Apr 2008033,037110.3110.45$345,397
Mar 2008035,985101.909.66$347,762
Feb 2008035,96292.538.77$315,408
Jan 2008041,49790.388.21$340,513
Dec 2007044,29588.337.30$323,441
Nov 2007050,75791.677.29$370,105
Oct 2007062,56582.856.92$433,074
Sep 2007040,31775.846.24$251,746

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.

Mar 2021 — as filed, then multipliedworked
Condensate             0 bbl  × $ 61.30 =         $0
Gas                1,227 Mcf  × $  2.72 =     $3,334

────────────────────────────────────────────────────
Month total                                   $3,334

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/238035 is the state's own key, not one this site invented.