LAKE ALVARADO UNIT

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 238662District 09Field 65280200CondensateGasSaveExport
Value, all time
$5.6 M
Jan 2008 – May 2026
Value, last 12 filed months
$76 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
CondensateDisposition3 bbl$278
GasProduction961,181 Mcf$5,625,258
Total$5,625,536

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 202601,609106.413.05$4,901
Apr 202611,60598.932.87$4,705
Mar 202621,76189.753.15$5,726
Feb 202601,56363.503.75$5,862
Jan 202601,64059.138.00$13,117
Dec 202501,80756.664.41$7,975
Nov 202501,76558.593.93$6,930
Oct 202501,83859.383.30$6,074
Sep 202501,81162.743.08$5,572
Aug 202501,84863.933.01$5,571
Jul 202501,52766.743.32$5,062
Jun 202501,54466.483.13$4,831
May 202501,62060.553.23$5,236
Apr 2025084162.363.54$2,980
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 20210061.302.72$0
Feb 20210057.805.55$0
Jan 20210050.412.81$0
Dec 20200044.642.68$0
Nov 20200138.772.71$3
Oct 20200136.972.48$2
Sep 20200037.091.99$0
Aug 20200139.982.39$2
Jul 20200938.371.83$16
Jun 20200034.901.69$0
May 2020023716.921.81$430
Apr 2020045414.751.80$819
Mar 2020051030.341.86$947
Feb 2020079249.881.98$1,569
Jan 202001,10857.252.09$2,321
Dec 2019094159.012.30$2,168
Nov 2019091755.302.75$2,522
Oct 201901,16253.472.42$2,810
Sep 201901,10055.052.66$2,923
Aug 201901,21253.112.30$2,793
Jul 2019068556.272.46$1,685
Jun 201901,20052.782.49$2,989
May 201901,17258.482.74$3,212
Apr 201901,15562.632.75$3,177
Mar 201901,24556.803.06$3,812
Feb 201901,27550.852.79$3,560
Jan 201901,08046.033.23$3,486
Dec 2018076046.594.19$3,181
Nov 2018079352.934.24$3,360
Oct 201801,15061.443.40$3,908
Sep 2018066659.543.11$2,070
Aug 2018021159.403.07$647
Jul 201806365.142.93$185
Jun 201801,70260.183.08$5,237
May 201801,94265.382.90$5,633
Apr 201801,89263.842.90$5,488
Mar 201802,00261.222.79$5,579
Feb 201801,85261.782.77$5,123
Jan 201802,21962.874.01$8,897
Dec 201701,91757.272.92$5,601
Nov 201701,71655.423.12$5,351
Oct 201701,59949.292.98$4,771
Sep 201701,53047.523.09$4,724
Aug 201701,64245.373.00$4,933
Jul 201701,75643.873.09$5,421
Jun 201701,53542.493.09$4,739
May 201701,29145.373.26$4,213
Apr 201701,24447.933.21$3,995
Mar 201701,49546.772.98$4,461
Feb 201701,51350.452.95$4,467
Jan 201701,43649.413.42$4,909
Dec 201601,43448.763.72$5,339
Nov 201601,96142.492.64$5,186
Oct 201602,04946.193.09$6,332
Sep 201601,38641.553.10$4,297
Aug 201601,20841.442.92$3,533
Jul 201601,81641.622.92$5,311
Jun 201603,24445.352.69$8,713
May 201604,06542.521.99$8,094
Apr 201603,57736.561.99$7,122
Mar 201603,95533.011.79$7,095
Feb 201603,22126.472.06$6,647
Jan 201603,16827.352.36$7,490
Dec 201503,37932.362.00$6,763
Nov 201503,92838.792.17$8,513
Oct 201503,07743.552.43$7,467
Sep 201503,16642.992.76$8,733
Aug 201503,87040.162.87$11,117
Jul 201504,33648.152.95$12,770
Jun 201504,33456.152.88$12,494
May 201504,31655.212.96$12,756
Apr 201504,68749.822.71$12,686
Mar 201505,03542.892.93$14,776
Feb 201505,12144.662.98$15,241
Jan 20150043.433.10$0
Dec 201404,80854.693.59$17,267
Nov 201404,39870.464.25$18,700
Oct 201405,23578.303.90$20,422
Sep 201405,27986.164.05$21,356
Aug 201405,47689.394.04$22,096
Jul 20140096.564.18$0
Jun 201405,65598.164.74$26,787
May 201405,69794.734.73$26,927
Apr 20140095.944.81$0
Mar 201404,53895.895.06$22,948
Feb 2014096997.406.19$6,000
Jan 201404,24890.404.86$20,648
Dec 201306,68091.824.35$29,088
Nov 20130088.853.74$0
Oct 201308,13097.423.78$30,726
Sep 201306,293104.113.72$23,396
Aug 201300104.253.52$0
Jul 201306,649102.523.72$24,719
Jun 201306,91094.403.93$27,180
May 201308,33194.834.15$34,566
Apr 201307,47193.964.28$31,995
Mar 201305,16293.623.91$20,198
Feb 201304,97791.233.42$17,021
Jan 201306,02691.603.42$20,608
Dec 201206,16586.773.42$21,085
Nov 201205,78686.953.62$20,974
Oct 201205,05989.383.40$17,199
Sep 201204,78894.672.92$13,973
Aug 201203,73492.662.91$10,859
Jul 201204,62085.133.02$13,956
Jun 201207,89179.822.52$19,878
May 201208,33591.612.49$20,740
Apr 201208,942101.652.00$17,855
Mar 201208,151105.052.22$18,112
Feb 201207,375101.102.57$18,956
Jan 201206,84998.092.73$18,726
Dec 201108,50996.873.24$27,567
Nov 201109,42095.723.31$31,192
Oct 201109,82184.983.65$35,832
Sep 2011010,22983.623.99$40,771
Aug 201109,84083.404.15$40,829
Jul 2011011,42494.144.52$51,605
Jun 2011012,53992.904.64$58,179
May 2011013,94598.134.40$61,425
Apr 2011014,063105.964.33$60,939
Mar 2011013,76796.364.06$55,857
Feb 2011012,77285.644.18$53,387
Jan 2011015,46886.504.59$70,979
Dec 201007,44585.734.35$32,369
Nov 2010014,15480.843.80$53,719
Oct 201008,95578.103.51$31,422
Sep 201005,03572.633.98$20,037
Aug 2010011,32373.684.42$50,040
Jul 2010013,29172.554.74$62,953
Jun 201005,46970.364.91$26,855
May 20100071.124.24$0
Apr 20100081.694.12$0
Mar 20100078.394.39$0
Feb 20100073.585.44$0
Jan 20100074.365.96$0
Dec 20090071.445.48$0
Nov 20090074.593.75$0
Oct 20090072.544.11$0
Sep 20090065.543.06$0
Aug 20090067.423.22$0
Jul 20090061.133.46$0
Jun 20090066.163.90$0
May 20090054.743.93$0
Apr 2009014,12446.773.59$50,670
Mar 200904,16242.144.06$16,894
Feb 2009014,38932.814.63$66,664
Jan 2009014,68835.865.37$78,889
Dec 2008017,54237.105.98$104,851
Nov 2008021,40755.496.86$146,860
Oct 2008023,32975.246.92$161,483
Sep 2008024,074101.767.88$189,633
Aug 2008025,654114.228.48$217,623
Jul 2008027,759131.0811.39$316,159
Jun 2008022,695131.3313.03$295,776
May 2008035,166123.1711.57$407,021
Apr 2008042,186110.3110.45$441,049
Mar 2008055,289101.909.66$534,317
Feb 2008071,32692.538.77$625,570
Jan 20080090.388.21$0

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                1,609 Mcf  × $  3.05 =     $4,901

────────────────────────────────────────────────────
Month total                                   $4,901

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/238662 is the state's own key, not one this site invented.