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 238811District 09Field 65280200CondensateGasSaveExport
Value, all time
$4.8 M
Jan 2008 – May 2026
Value, last 12 filed months
$78 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
CondensateDisposition27 bbl$2,124
GasProduction990,874 Mcf$4,828,982
Total$4,831,107

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 20260775106.413.05$2,361
Apr 202611,68998.932.87$4,946
Mar 2026063389.753.15$1,994
Feb 2026018763.503.75$701
Jan 202601,55759.138.00$12,453
Dec 202502,25756.664.41$9,961
Nov 202502,81658.593.93$11,057
Oct 202502,57159.383.30$8,497
Sep 202502,13262.743.08$6,560
Aug 202502,09863.933.01$6,325
Jul 202502,07366.743.32$6,872
Jun 202502,06466.483.13$6,458
May 202502,21860.553.23$7,169
Apr 202511,98462.363.54$7,092
Mar 202521,93767.704.27$8,403
Feb 202501,75870.884.34$7,631
Jan 202502,11974.324.28$9,067
Dec 202402,19868.993.12$6,861
Nov 202402,16569.052.20$4,760
Oct 202402,44671.372.28$5,580
Sep 202403,49869.612.36$8,271
Aug 20241075.632.06$76
Jul 202403,19179.932.15$6,850
Jun 202402,21478.082.63$5,832
May 202412,98878.812.20$6,648
Apr 202413,08984.451.66$5,210
Mar 202413,25880.301.55$5,114
Feb 202402,73876.091.78$4,884
Jan 202403,20673.023.30$10,572
Dec 202303,42571.262.61$8,942
Nov 202303,37077.892.81$9,461
Oct 202303,88985.443.09$12,006
Sep 202303,87489.042.74$10,596
Aug 202314,03980.522.67$10,876
Jul 202313,82074.852.64$10,167
Jun 202303,89568.962.26$8,797
May 202303,57970.622.23$7,972
Apr 202302,90578.122.24$6,501
Mar 202312,96272.852.39$7,161
Feb 202302,21575.112.47$5,461
Jan 202302,19276.533.39$7,426
Dec 202202,43676.415.73$13,956
Nov 202202,52585.005.65$14,257
Oct 202202,24587.185.86$13,164
Sep 202202,31184.888.16$18,866
Aug 202203,10194.529.13$28,303
Jul 202202,893101.587.54$21,819
Jun 202212,605115.097.98$20,896
May 202203,037109.378.43$25,611
Apr 202222,957104.226.84$20,427
Mar 202203,233108.885.08$16,412
Feb 202202,85691.054.86$13,877
Jan 202203,05581.844.54$13,863
Dec 202103,35071.323.90$13,062
Nov 202113,21977.435.24$16,935
Oct 202103,56679.795.71$20,376
Sep 202103,55869.865.35$19,039
Aug 202103,14866.024.22$13,286
Jul 202103,30070.783.98$13,141
Jun 202113,23769.493.38$11,013
May 202103,71263.483.02$11,202
Apr 202103,53060.362.76$9,737
Mar 202104,37261.302.72$11,878
Feb 202102,30557.805.55$12,788
Jan 202103,09750.412.81$8,703
Dec 202002,69544.642.68$7,210
Nov 202002,91038.772.71$7,876
Oct 202003,90136.972.48$9,668
Sep 202003,90037.091.99$7,765
Aug 202002,61339.982.39$6,232
Jul 202002,61238.371.83$4,767
Jun 202001,75534.901.69$2,966
May 202002,10316.921.81$3,816
Apr 202002,06114.751.80$3,719
Mar 202001,70030.341.86$3,156
Feb 202001,64349.881.98$3,254
Jan 202001,70557.252.09$3,572
Dec 201901,69459.012.30$3,904
Nov 201901,77255.302.75$4,874
Oct 201901,79753.472.42$4,346
Sep 201901,48755.052.66$3,951
Aug 201901,79653.112.30$4,139
Jul 201901,76356.272.46$4,337
Jun 201901,79252.782.49$4,464
May 201901,93258.482.74$5,294
Apr 201901,71262.632.75$4,709
Mar 201901,57856.803.06$4,832
Feb 201901,39450.852.79$3,892
Jan 201901,79946.033.23$5,808
Dec 201801,93946.594.19$8,116
Nov 201801,99352.934.24$8,445
Oct 201802,25061.443.40$7,646
Sep 201803,32559.543.11$10,334
Aug 201801,95459.403.07$5,992
Jul 201802,07465.142.93$6,081
Jun 2018093860.183.08$2,886
May 201801,30965.382.90$3,797
Apr 201802,33263.842.90$6,765
Mar 201802,89661.222.79$8,071
Feb 201802,50861.782.77$6,937
Jan 201802,63662.874.01$10,569
Dec 201702,85857.272.92$8,350
Nov 201702,54755.423.12$7,942
Oct 201702,50949.292.98$7,486
Sep 201702,31347.523.09$7,141
Aug 201702,74845.373.00$8,256
Jul 201702,40443.873.09$7,422
Jun 201701,89942.493.09$5,863
May 201702,17845.373.26$7,108
Apr 201702,27947.933.21$7,319
Mar 201702,07146.772.98$6,179
Feb 201702,50150.452.95$7,384
Jan 201702,92649.413.42$10,003
Dec 201602,46948.763.72$9,192
Nov 201602,43342.492.64$6,434
Oct 201602,40146.193.09$7,420
Sep 201612,41941.553.10$7,542
Aug 201603,42241.442.92$10,007
Jul 201603,91741.622.92$11,455
Jun 201603,37445.352.69$9,062
May 201603,91742.521.99$7,799
Apr 201603,29336.561.99$6,556
Mar 201603,40933.011.79$6,116
Feb 201603,01926.472.06$6,230
Jan 201603,33727.352.36$7,890
Dec 201504,03132.362.00$8,068
Nov 201503,35338.792.17$7,267
Oct 201503,62243.552.43$8,789
Sep 201503,58842.992.76$9,897
Aug 201503,37740.162.87$9,700
Jul 201503,43848.152.95$10,125
Jun 201503,35056.152.88$9,658
May 201503,33455.212.96$9,853
Apr 201512,38349.822.71$6,500
Mar 201513,24542.892.93$9,566
Feb 201512,90044.662.98$8,676
Jan 201503,60343.433.10$11,172
Dec 201403,46454.693.59$12,440
Nov 201413,53570.464.25$15,101
Oct 201403,52978.303.90$13,766
Sep 201413,42386.164.05$13,934
Aug 201403,60889.394.04$14,559
Jul 201403,67896.564.18$15,373
Jun 201403,46198.164.74$16,394
May 201403,32094.734.73$15,692
Apr 201413,19795.944.81$15,471
Mar 201413,19895.895.06$16,268
Feb 201413,05997.406.19$19,039
Jan 201413,45590.404.86$16,884
Dec 201303,51491.824.35$15,302
Nov 201303,16888.853.74$11,843
Oct 201303,12597.423.78$11,811
Sep 201303,198104.113.72$11,889
Aug 201303,744104.253.52$13,189
Jul 201304,062102.523.72$15,101
Jun 201313,98994.403.93$15,785
May 201304,13994.834.15$17,173
Apr 201303,90293.964.28$16,711
Mar 201304,13893.623.91$16,191
Feb 201303,06991.233.42$10,496
Jan 201303,78391.603.42$12,938
Dec 201204,03686.773.42$13,804
Nov 201204,95986.953.62$17,976
Oct 201205,40489.383.40$18,372
Sep 201205,18394.672.92$15,126
Aug 201205,58192.662.91$16,230
Jul 201205,75185.133.02$17,373
Jun 201205,86179.822.52$14,764
May 201206,19691.612.49$15,418
Apr 201206,005101.652.00$11,991
Mar 201204,989105.052.22$11,086
Feb 201206,213101.102.57$15,969
Jan 201206,13998.092.73$16,785
Dec 201105,20696.873.24$16,866
Nov 201105,86995.723.31$19,434
Oct 201104,85984.983.65$17,728
Sep 201105,83883.623.99$23,269
Aug 201104,51083.404.15$18,713
Jul 201107,49294.144.52$33,843
Jun 201107,79892.904.64$36,182
May 201103,88898.134.40$17,126
Apr 201105,810105.964.33$25,176
Mar 201107,69196.364.06$31,205
Feb 201106,11085.644.18$25,540
Jan 201105,71886.504.59$26,239
Dec 201007,58385.734.35$32,969
Nov 201006,66480.843.80$25,292
Oct 201007,78778.103.51$27,324
Sep 201005,76072.633.98$22,922
Aug 201006,26273.684.42$27,674
Jul 201006,61972.554.74$31,351
Jun 201008,07770.364.91$39,661
May 201009,91471.124.24$41,988
Apr 201008,34681.694.12$34,408
Mar 201009,15878.394.39$40,191
Feb 201009,63673.585.44$52,443
Jan 2010011,27674.365.96$67,251
Dec 200906,32071.445.48$34,657
Nov 200903,75274.593.75$14,076
Oct 200904,77372.544.11$19,618
Sep 200906,68365.543.06$20,482
Aug 200908,35767.423.22$26,897
Jul 200909,17661.133.46$31,790
Jun 200907,27266.163.90$28,324
May 200907,45354.743.93$29,259
Apr 200909,65946.773.59$34,652
Mar 2009014,85342.144.06$60,288
Feb 200909,42532.814.63$43,666
Jan 2009012,00035.865.37$64,452
Dec 2008013,99337.105.98$83,638
Nov 2008013,00855.496.86$89,240
Oct 2008014,73275.246.92$101,975
Sep 2008010,778101.767.88$84,899
Aug 200807,049114.228.48$59,797
Jul 2008017,469131.0811.39$198,962
Jun 2008018,175131.3313.03$236,868
May 2008011,671123.1711.57$135,084
Apr 2008023,508110.3110.45$245,773
Mar 2008027,590101.909.66$266,632
Feb 2008029,11492.538.77$255,347
Jan 2008026,31190.388.21$215,901

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                  775 Mcf  × $  3.05 =     $2,361

────────────────────────────────────────────────────
Month total                                   $2,361

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/238811 is the state's own key, not one this site invented.