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 238720District 09Field 65280200CondensateGasSaveExport
Value, all time
$11.2 M
Jan 2008 – May 2026
Value, last 12 filed months
$269 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
CondensateDisposition2 bbl$180
GasProduction2,309,294 Mcf$11,155,317
Total$11,155,497

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 202605,936106.413.05$18,080
Apr 202605,78698.932.87$16,604
Mar 202626,13789.753.15$19,508
Feb 202605,41363.503.75$20,300
Jan 202606,05459.138.00$48,419
Dec 202505,99156.664.41$26,440
Nov 202505,84058.593.93$22,930
Oct 202506,12559.383.30$20,242
Sep 202505,98162.743.08$18,403
Aug 202506,18963.933.01$18,658
Jul 202506,24766.743.32$20,710
Jun 202506,07666.483.13$19,010
May 202506,28860.553.23$20,325
Apr 202506,15562.363.54$21,808
Mar 202506,00067.704.27$25,610
Feb 202504,52570.884.34$19,642
Jan 202504,95174.324.28$21,184
Dec 202404,99268.993.12$15,582
Nov 202404,97069.052.20$10,926
Oct 202405,12771.372.28$11,697
Sep 202404,78869.612.36$11,321
Aug 202405,11475.632.06$10,553
Jul 202404,98479.932.15$10,699
Jun 202404,47478.082.63$11,784
May 202405,01178.812.20$11,016
Apr 202405,04184.451.66$8,364
Mar 202403,63880.301.55$5,621
Feb 202403,87976.091.78$6,919
Jan 202404,78173.023.30$15,766
Dec 202305,16371.262.61$13,479
Nov 202305,00577.892.81$14,052
Oct 202305,16785.443.09$15,952
Sep 202305,19689.042.74$14,211
Aug 202304,92780.522.67$13,169
Jul 202305,16774.852.64$13,650
Jun 202305,02068.962.26$11,338
May 202305,17270.622.23$11,520
Apr 202305,37278.122.24$12,021
Mar 202305,67972.852.39$13,591
Feb 202305,45475.112.47$13,448
Jan 202305,76876.533.39$19,540
Dec 202205,42676.415.73$31,086
Nov 202205,37185.005.65$30,326
Oct 202205,59687.185.86$32,814
Sep 202205,52684.888.16$45,113
Aug 202206,00794.529.13$54,827
Jul 202205,392101.587.54$40,667
Jun 202205,149115.097.98$41,075
May 202205,487109.378.43$46,272
Apr 202205,069104.226.84$34,660
Mar 202205,389108.885.08$27,357
Feb 202204,89191.054.86$23,765
Jan 202205,60181.844.54$25,416
Dec 202105,61771.323.90$21,901
Nov 202105,31977.435.24$27,855
Oct 202105,46879.795.71$31,243
Sep 202105,34969.865.35$28,622
Aug 202105,50166.024.22$23,217
Jul 202105,31670.783.98$21,169
Jun 202105,67269.493.38$19,175
May 202105,92663.483.02$17,883
Apr 202105,90860.362.76$16,297
Mar 202106,06661.302.72$16,481
Feb 202104,92857.805.55$27,340
Jan 202106,08550.412.81$17,100
Dec 202006,43744.642.68$17,222
Nov 202003,99238.772.71$10,805
Oct 202004,75436.972.48$11,782
Sep 202006,11037.091.99$12,165
Aug 202006,74539.982.39$16,088
Jul 202006,62438.371.83$12,090
Jun 202006,45334.901.69$10,908
May 202006,79616.921.81$12,333
Apr 202006,47814.751.80$11,689
Mar 202006,76730.341.86$12,561
Feb 202005,91049.881.98$11,706
Jan 202006,50757.252.09$13,630
Dec 201906,38359.012.30$14,709
Nov 201907,16655.302.75$19,712
Oct 201907,64853.472.42$18,497
Sep 201908,39655.052.66$22,311
Aug 201908,53553.112.30$19,668
Jul 201906,88356.272.46$16,933
Jun 201906,71552.782.49$16,728
May 201906,75458.482.74$18,508
Apr 201906,42462.632.75$17,671
Mar 201906,67956.803.06$20,452
Feb 201906,05850.852.79$16,915
Jan 201907,00446.033.23$22,610
Dec 201807,16946.594.19$30,005
Nov 201806,76252.934.24$28,652
Oct 201807,41661.443.40$25,200
Sep 201806,92059.543.11$21,507
Aug 201807,43959.403.07$22,812
Jul 201807,66665.142.93$22,476
Jun 201805,91460.183.08$18,197
May 201805,19765.382.90$15,075
Apr 201806,47863.842.90$18,791
Mar 201806,47661.222.79$18,048
Feb 201805,28361.782.77$14,613
Jan 201805,15762.874.01$20,676
Dec 201706,23357.272.92$18,210
Nov 201706,33455.423.12$19,752
Oct 201707,01849.292.98$20,939
Sep 201706,87347.523.09$21,219
Aug 201707,71745.373.00$23,185
Jul 201707,98843.873.09$24,661
Jun 201707,64442.493.09$23,599
May 201708,14345.373.26$26,574
Apr 201707,64347.933.21$24,546
Mar 201708,30946.772.98$24,791
Feb 201707,44850.452.95$21,991
Jan 201708,12749.413.42$27,785
Dec 201607,95548.763.72$29,615
Nov 201607,64342.492.64$20,211
Oct 201608,25446.193.09$25,507
Sep 201608,12241.553.10$25,183
Aug 201608,87241.442.92$25,945
Jul 201608,45141.622.92$24,714
Jun 201609,17845.352.69$24,651
May 2016010,86442.521.99$21,631
Apr 201609,48736.561.99$18,889
Mar 2016010,28033.011.79$18,442
Feb 201608,90926.472.06$18,385
Jan 201609,56127.352.36$22,606
Dec 201509,49032.362.00$18,993
Nov 201507,73638.792.17$16,766
Oct 2015010,73043.552.43$26,037
Sep 2015010,19742.992.76$28,128
Aug 2015010,37640.162.87$29,805
Jul 201509,13048.152.95$26,889
Jun 201509,44756.152.88$27,234
May 201508,77555.212.96$25,934
Apr 201509,20049.822.71$24,900
Mar 201509,74742.892.93$28,605
Feb 2015010,23844.662.98$30,470
Jan 20150043.433.10$0
Dec 201409,99454.693.59$35,892
Nov 201409,70370.464.25$41,256
Oct 2014010,22778.303.90$39,895
Sep 2014010,33386.164.05$41,802
Aug 2014010,68089.394.04$43,095
Jul 20140096.564.18$0
Jun 2014010,64598.164.74$50,424
May 2014011,93294.734.73$56,397
Apr 20140095.944.81$0
Mar 2014015,44695.895.06$78,107
Feb 2014010,02097.406.19$62,044
Jan 2014010,29690.404.86$50,046
Dec 2013012,54991.824.35$54,644
Nov 20130088.853.74$0
Oct 2013012,10597.423.78$45,749
Sep 2013012,202104.113.72$45,364
Aug 201300104.253.52$0
Jul 2013015,489102.523.72$57,584
Jun 2013013,16794.403.93$51,791
May 2013014,03094.834.15$58,212
Apr 2013014,98393.964.28$64,166
Mar 2013015,78593.623.91$61,765
Feb 2013014,24891.233.42$48,727
Jan 2013016,54391.603.42$56,576
Dec 2012016,64286.773.42$56,918
Nov 2012014,98586.953.62$54,320
Oct 2012014,28589.383.40$48,564
Sep 2012013,91394.672.92$40,604
Aug 2012020,99892.662.91$61,066
Jul 2012020,28485.133.02$61,274
Jun 2012015,69379.822.52$39,531
May 2012015,05891.612.49$37,469
Apr 2012013,835101.652.00$27,626
Mar 2012016,130105.052.22$35,842
Feb 2012016,906101.102.57$43,452
Jan 2012019,37498.092.73$52,970
Dec 2011018,55096.873.24$60,097
Nov 2011017,07395.723.31$56,533
Oct 2011019,25384.983.65$70,245
Sep 2011019,59283.623.99$78,090
Aug 2011021,46583.404.15$89,065
Jul 2011017,83594.144.52$80,565
Jun 2011020,75892.904.64$96,315
May 2011021,65598.134.40$95,386
Apr 2011020,667105.964.33$89,556
Mar 2011023,57196.364.06$95,636
Feb 2011017,84685.644.18$74,596
Jan 201107,51386.504.59$34,476
Dec 201007,95085.734.35$34,565
Nov 2010013,09380.843.80$49,692
Oct 2010018,98678.103.51$66,620
Sep 2010021,95572.633.98$87,369
Aug 2010027,09673.684.42$119,747
Jul 2010028,97872.554.74$137,254
Jun 2010013,75270.364.91$67,528
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 2009024,39846.773.59$87,528
Mar 2009034,80242.144.06$141,261
Feb 2009027,73832.814.63$128,510
Jan 2009031,20235.865.37$167,586
Dec 2008030,31337.105.98$181,185
Nov 2008029,93655.496.86$205,372
Oct 2008030,94375.246.92$214,187
Sep 2008032,039101.767.88$252,374
Aug 2008033,683114.228.48$285,734
Jul 2008039,608131.0811.39$451,113
Jun 2008045,642131.3313.03$594,835
May 2008050,301123.1711.57$582,198
Apr 2008054,810110.3110.45$573,031
Mar 2008067,304101.909.66$650,431
Feb 2008080,65192.538.77$707,356
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                5,936 Mcf  × $  3.05 =    $18,080

────────────────────────────────────────────────────
Month total                                  $18,080

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/238720 is the state's own key, not one this site invented.