RAYBURN 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 240824District 09Field 65280200CondensateGasSaveExport
Value, all time
$13.3 M
May 2008 – May 2026
Value, last 12 filed months
$307 k
at the published price for each month
Months reported
217
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$99
GasProduction2,886,960 Mcf$13,300,392
Total$13,300,491

Every month this lease reported (217)

Volume × price = value, one row per cycle. The price columns are the same series published on the prices page — nothing here is modelled.

217 months

May 202606,935106.413.05$21,123
Apr 202606,07698.932.87$17,436
Mar 202606,76789.753.15$21,312
Feb 202605,96963.503.75$22,386
Jan 202607,18159.138.00$57,433
Dec 202507,25556.664.41$32,019
Nov 202507,75258.593.93$30,438
Oct 202508,04759.383.30$26,594
Sep 202507,35762.743.08$22,637
Aug 202507,20163.933.01$21,709
Jul 202506,19466.743.32$20,534
Jun 202504,13866.483.13$12,947
May 202501,22160.553.23$3,947
Apr 202503,55462.363.54$12,592
Mar 202504,25067.704.27$18,140
Feb 202505,53470.884.34$24,022
Jan 202506,23474.324.28$26,673
Dec 202407,02968.993.12$21,940
Nov 202406,80769.052.20$14,965
Oct 202407,33671.372.28$16,736
Sep 202406,91969.612.36$16,359
Aug 202407,37075.632.06$15,209
Jul 202407,69779.932.15$16,522
Jun 202408,66778.082.63$22,829
May 202409,09878.812.20$20,001
Apr 202408,45984.451.66$14,035
Mar 202409,32580.301.55$14,408
Feb 202408,21276.091.78$14,647
Jan 202407,39373.023.30$24,380
Dec 202309,35671.262.61$24,426
Nov 202308,95477.892.81$25,139
Oct 202308,06185.443.09$24,887
Sep 202307,60889.042.74$20,808
Aug 202308,08280.522.67$21,602
Jul 202306,97274.852.64$18,419
Jun 202305,05068.962.26$11,405
May 2023015770.622.23$350
Apr 20230078.122.24$0
Mar 2023025972.852.39$620
Feb 2023060375.112.47$1,487
Jan 202302,44976.533.39$8,297
Dec 202205,20776.415.73$29,831
Nov 202206,20385.005.65$35,023
Oct 202207,21387.185.86$42,295
Sep 202207,07184.888.16$57,725
Aug 202207,43794.529.13$67,879
Jul 202208,242101.587.54$62,162
Jun 202208,380115.097.98$66,849
May 202207,308109.378.43$61,629
Apr 202205,669104.226.84$38,762
Mar 202206,942108.885.08$35,240
Feb 202207,59791.054.86$36,913
Jan 202209,57181.844.54$43,430
Dec 202109,01971.323.90$35,166
Nov 202108,68277.435.24$45,466
Oct 202109,42179.795.71$53,830
Sep 202108,78669.865.35$47,013
Aug 202109,01066.024.22$38,028
Jul 202109,07670.783.98$36,141
Jun 202107,77369.493.38$26,278
May 202109,00163.483.02$27,162
Apr 202108,44360.362.76$23,289
Mar 202107,05861.302.72$19,176
Feb 202104,05757.805.55$22,508
Jan 202108,97850.412.81$25,231
Dec 2020011,15644.642.68$29,847
Nov 2020011,92238.772.71$32,268
Oct 2020012,42936.972.48$30,804
Sep 202009,50437.091.99$18,923
Aug 202009,72939.982.39$23,205
Jul 2020011,93338.371.83$21,779
Jun 202009,18334.901.69$15,522
May 202007,20716.921.81$13,079
Apr 202003,91814.751.80$7,070
Mar 2020010,05430.341.86$18,663
Feb 2020011,73149.881.98$23,235
Jan 2020013,57857.252.09$28,442
Dec 2019014,35959.012.30$33,088
Nov 2019014,64455.302.75$40,281
Oct 2019015,70453.472.42$37,981
Sep 2019015,13355.052.66$40,213
Aug 2019016,35053.112.30$37,676
Jul 2019016,47056.272.46$40,517
Jun 2019016,37252.782.49$40,786
May 2019017,78758.482.74$48,742
Apr 2019017,78062.632.75$48,907
Mar 2019016,67456.803.06$51,057
Feb 201907,76450.852.79$21,679
Jan 201906,19446.033.23$19,995
Dec 201806,53846.594.19$27,364
Nov 201806,03252.934.24$25,559
Oct 201807,79361.443.40$26,481
Sep 201806,44659.543.11$20,034
Aug 201803,26059.403.07$9,997
Jul 201805,96565.142.93$17,489
Jun 201807,23060.183.08$22,246
May 201809,30765.382.90$26,998
Apr 201809,54463.842.90$27,685
Mar 201806,90861.222.79$19,251
Feb 201805,12961.782.77$14,187
Jan 201806,27862.874.01$25,171
Dec 201704,72857.272.92$13,813
Nov 201705,22655.423.12$16,297
Oct 201705,96749.292.98$17,804
Sep 201705,82047.523.09$17,968
Aug 201705,36945.373.00$16,131
Jul 201704,69243.873.09$14,486
Jun 201707,73442.493.09$23,877
May 2017010,34945.373.26$33,773
Apr 2017010,48347.933.21$33,667
Mar 2017010,74146.772.98$32,048
Feb 201709,11250.452.95$26,904
Jan 2017211,82149.413.42$40,512
Dec 2016011,70448.763.72$43,572
Nov 2016011,28742.492.64$29,847
Oct 2016010,02446.193.09$30,977
Sep 201603,50041.553.10$10,852
Aug 201602,18541.442.92$6,390
Jul 201606,98241.622.92$20,418
Jun 201606,22845.352.69$16,727
May 201604,40242.521.99$8,765
Apr 2016054836.561.99$1,091
Mar 20160333.011.79$5
Feb 2016017626.472.06$363
Jan 20160027.352.36$0
Dec 20150032.362.00$0
Nov 201502,79138.792.17$6,049
Oct 201501,53043.552.43$3,713
Sep 201506,75942.992.76$18,644
Aug 201505,76740.162.87$16,566
Jul 20150248.152.95$6
Jun 201509156.152.88$262
May 201502,87155.212.96$8,485
Apr 2015013,22349.822.71$35,789
Mar 201509,63142.892.93$28,264
Feb 2015010,33044.662.98$30,744
Jan 2015014,60343.433.10$45,279
Dec 2014016,91954.693.59$60,762
Nov 2014014,66470.464.25$62,349
Oct 2014017,65478.303.90$68,868
Sep 2014016,67586.164.05$67,458
Aug 2014016,65289.394.04$67,193
Jul 2014015,25496.564.18$63,756
Jun 2014021,82898.164.74$103,397
May 2014023,34994.734.73$110,360
Apr 2014017,06295.944.81$82,053
Mar 2014012,67295.895.06$64,080
Feb 201407,15597.406.19$44,304
Jan 2014015,57490.404.86$75,701
Dec 2013013,65691.824.35$59,465
Nov 2013011,91588.853.74$44,542
Oct 2013011,77997.423.78$44,517
Sep 2013013,405104.113.72$49,836
Aug 2013017,428104.253.52$61,392
Jul 2013010,178102.523.72$37,839
Jun 201303,33894.403.93$13,130
May 201305,63494.834.15$23,376
Apr 201307,88693.964.28$33,773
Mar 2013013,85393.623.91$54,205
Feb 2013016,76491.233.42$57,331
Jan 2013018,56891.603.42$63,501
Dec 2012018,64086.773.42$63,752
Nov 2012017,12486.953.62$62,074
Oct 2012018,12689.383.40$61,623
Sep 2012010,32894.672.92$30,141
Aug 2012024892.662.91$721
Jul 201205,12585.133.02$15,482
Jun 201209,04079.822.52$22,772
May 2012018,42291.612.49$45,840
Apr 2012018,644101.652.00$37,228
Mar 2012017,478105.052.22$38,838
Feb 2012021,623101.102.57$55,576
Jan 2012024,60198.092.73$67,261
Dec 2011024,45596.873.24$79,228
Nov 2011024,81395.723.31$82,163
Oct 2011023,36984.983.65$85,263
Sep 2011020,61683.623.99$82,171
Aug 2011022,66683.404.15$94,048
Jul 2011019,79194.144.52$89,401
Jun 2011019,77792.904.64$91,763
May 2011020,57298.134.40$90,616
Apr 2011022,073105.964.33$95,648
Mar 2011016,86696.364.06$68,431
Feb 201109,30185.644.18$38,878
Jan 2011012,30486.504.59$56,460
Dec 2010010,59785.734.35$46,073
Nov 2010011,79380.843.80$44,758
Oct 2010016,71878.103.51$58,662
Sep 2010015,94972.633.98$63,469
Aug 2010015,92273.684.42$70,365
Jul 2010028,03272.554.74$132,773
Jun 2010027,85670.364.91$136,784
May 2010031,00671.124.24$131,317
Apr 20100081.694.12$0
Mar 2010034,74178.394.39$152,467
Feb 2010031,32473.585.44$170,476
Jan 2010029,21874.365.96$174,259
Dec 2009032,45171.445.48$177,953
Nov 2009032,47274.593.75$121,819
Oct 2009027,73772.544.11$114,006
Sep 2009035,88665.543.06$109,982
Aug 2009029,18867.423.22$93,942
Jul 2009030,08461.133.46$104,226
Jun 2009032,87266.163.90$128,036
May 2009030,37454.743.93$119,241
Apr 2009033,97546.773.59$121,885
Mar 2009044,79842.144.06$181,835
Feb 2009039,33332.814.63$182,230
Jan 2009017,24435.865.37$92,618
Dec 2008041,96437.105.98$250,825
Nov 2008048,46655.496.86$332,494
Oct 2008054,07475.246.92$374,299
Sep 2008051,541101.767.88$405,993
Aug 2008054,640114.228.48$463,512
Jul 2008070,993131.0811.39$808,570
Jun 2008085,086131.3313.03$1,108,894
May 2008050,406123.1711.57$583,414

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                6,935 Mcf  × $  3.05 =    $21,123

────────────────────────────────────────────────────
Month total                                  $21,123

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/240824 is the state's own key, not one this site invented.