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 240834District 09Field 65280200GasSaveExport
Value, all time
$4.9 M
May 2008 – May 2026
Value, last 12 filed months
$69
at the published price for each month
Months reported
217
no gaps in the span
Streams
1
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
GasProduction628,162 Mcf$4,903,806
Total$4,903,806

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 20260106.413.05$0
Apr 20262498.932.87$69
Mar 2026089.753.15$0
Feb 2026063.503.75$0
Jan 2026059.138.00$0
Dec 2025056.664.41$0
Nov 2025058.593.93$0
Oct 2025059.383.30$0
Sep 2025062.743.08$0
Aug 2025063.933.01$0
Jul 2025066.743.32$0
Jun 2025066.483.13$0
May 2025060.553.23$0
Apr 2025062.363.54$0
Mar 2025067.704.27$0
Feb 2025070.884.34$0
Jan 2025074.324.28$0
Dec 202475168.993.12$2,344
Nov 2024069.052.20$0
Oct 2024071.372.28$0
Sep 202418469.612.36$435
Aug 202412875.632.06$264
Jul 20243079.932.15$64
Jun 202422778.082.63$598
May 202421278.812.20$466
Apr 202411484.451.66$189
Mar 20242380.301.55$36
Feb 2024076.091.78$0
Jan 2024073.023.30$0
Dec 2023071.262.61$0
Nov 2023077.892.81$0
Oct 20235085.443.09$154
Sep 20235789.042.74$156
Aug 20232880.522.67$75
Jul 202328174.852.64$742
Jun 202336168.962.26$815
May 2023070.622.23$0
Apr 2023078.122.24$0
Mar 2023072.852.39$0
Feb 2023075.112.47$0
Jan 2023076.533.39$0
Dec 2022076.415.73$0
Nov 2022085.005.65$0
Oct 2022087.185.86$0
Sep 2022084.888.16$0
Aug 202213694.529.13$1,241
Jul 2022436101.587.54$3,288
Jun 2022367115.097.98$2,928
May 2022217109.378.43$1,830
Apr 202225104.226.84$171
Mar 20220108.885.08$0
Feb 2022091.054.86$0
Jan 2022081.844.54$0
Dec 2021071.323.90$0
Nov 2021077.435.24$0
Oct 2021079.795.71$0
Sep 202139369.865.35$2,103
Aug 202171566.024.22$3,018
Jul 202182170.783.98$3,269
Jun 202162769.493.38$2,120
May 20219463.483.02$284
Apr 202138460.362.76$1,059
Mar 202185161.302.72$2,312
Feb 202146657.805.55$2,585
Jan 2021050.412.81$0
Dec 2020044.642.68$0
Nov 202010138.772.71$273
Oct 20202636.972.48$64
Sep 20204437.091.99$88
Aug 202020739.982.39$494
Jul 202015838.371.83$288
Jun 2020034.901.69$0
May 2020016.921.81$0
Apr 2020014.751.80$0
Mar 2020030.341.86$0
Feb 2020049.881.98$0
Jan 2020057.252.09$0
Dec 2019059.012.30$0
Nov 2019055.302.75$0
Oct 2019053.472.42$0
Sep 2019055.052.66$0
Aug 2019053.112.30$0
Jul 2019056.272.46$0
Jun 2019052.782.49$0
May 2019058.482.74$0
Apr 2019062.632.75$0
Mar 2019056.803.06$0
Feb 2019050.852.79$0
Jan 2019046.033.23$0
Dec 2018046.594.19$0
Nov 2018052.934.24$0
Oct 2018061.443.40$0
Sep 2018059.543.11$0
Aug 2018059.403.07$0
Jul 2018065.142.93$0
Jun 2018060.183.08$0
May 2018065.382.90$0
Apr 20181,00963.842.90$2,927
Mar 201851661.222.79$1,438
Feb 2018061.782.77$0
Jan 2018062.874.01$0
Dec 2017057.272.92$0
Nov 2017055.423.12$0
Oct 2017049.292.98$0
Sep 2017047.523.09$0
Aug 2017045.373.00$0
Jul 2017043.873.09$0
Jun 2017042.493.09$0
May 2017045.373.26$0
Apr 2017047.933.21$0
Mar 2017046.772.98$0
Feb 2017050.452.95$0
Jan 2017049.413.42$0
Dec 2016048.763.72$0
Nov 20161,45342.492.64$3,842
Oct 201678346.193.09$2,420
Sep 20162,38741.553.10$7,401
Aug 2016041.442.92$0
Jul 2016041.622.92$0
Jun 2016045.352.69$0
May 2016042.521.99$0
Apr 2016036.561.99$0
Mar 20161,19133.011.79$2,137
Feb 20164,69726.472.06$9,693
Jan 20165,97827.352.36$14,134
Dec 201555032.362.00$1,101
Nov 201532238.792.17$698
Oct 2015043.552.43$0
Sep 2015042.992.76$0
Aug 2015040.162.87$0
Jul 2015048.152.95$0
Jun 2015056.152.88$0
May 2015055.212.96$0
Apr 2015049.822.71$0
Mar 2015042.892.93$0
Feb 2015044.662.98$0
Jan 2015043.433.10$0
Dec 2014054.693.59$0
Nov 2014070.464.25$0
Oct 20148078.303.90$312
Sep 2014086.164.05$0
Aug 2014089.394.04$0
Jul 2014096.564.18$0
Jun 20148098.164.74$379
May 20141,83994.734.73$8,692
Apr 20146,97195.944.81$33,524
Mar 2014095.895.06$0
Feb 2014097.406.19$0
Jan 2014090.404.86$0
Dec 2013091.824.35$0
Nov 2013088.853.74$0
Oct 2013097.423.78$0
Sep 20130104.113.72$0
Aug 20130104.253.52$0
Jul 20130102.523.72$0
Jun 2013094.403.93$0
May 2013094.834.15$0
Apr 2013093.964.28$0
Mar 2013093.623.91$0
Feb 2013091.233.42$0
Jan 2013091.603.42$0
Dec 2012086.773.42$0
Nov 2012086.953.62$0
Oct 2012089.383.40$0
Sep 2012094.672.92$0
Aug 2012092.662.91$0
Jul 2012085.133.02$0
Jun 2012079.822.52$0
May 20121191.612.49$27
Apr 2012187101.652.00$373
Mar 2012116105.052.22$258
Feb 2012282101.102.57$725
Jan 201218898.092.73$514
Dec 20112,82396.873.24$9,146
Nov 20115,18095.723.31$17,152
Oct 20118,99284.983.65$32,808
Sep 20116,89883.623.99$27,494
Aug 201148583.404.15$2,012
Jul 20112,63894.144.52$11,916
Jun 2011092.904.64$0
May 2011098.134.40$0
Apr 20110105.964.33$0
Mar 2011096.364.06$0
Feb 2011085.644.18$0
Jan 2011086.504.59$0
Dec 2010085.734.35$0
Nov 2010080.843.80$0
Oct 2010078.103.51$0
Sep 2010072.633.98$0
Aug 2010073.684.42$0
Jul 20102,69872.554.74$12,779
Jun 20109,03370.364.91$44,356
May 201012,00271.124.24$50,831
Apr 2010081.694.12$0
Mar 201018,58378.394.39$81,555
Feb 201020,80373.585.44$113,217
Jan 20101,34574.365.96$8,022
Dec 20091,37471.445.48$7,535
Nov 2009074.593.75$0
Oct 2009072.544.11$0
Sep 2009065.543.06$0
Aug 2009067.423.22$0
Jul 2009061.133.46$0
Jun 2009066.163.90$0
May 200911,70454.743.93$45,947
Apr 200929,42146.773.59$105,548
Mar 200934,75342.144.06$141,062
Feb 200917,61532.814.63$81,610
Jan 2009035.865.37$0
Dec 200831,95137.105.98$190,976
Nov 200837,13055.496.86$254,725
Oct 200844,76575.246.92$309,862
Sep 200816,485101.767.88$129,854
Aug 200861,622114.228.48$522,741
Jul 200874,973131.0811.39$853,900
Jun 200889,439131.3313.03$1,165,625
May 200848,272123.1711.57$558,714

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.

Apr 2026 — as filed, then multipliedworked
Gas                   24 Mcf  × $  2.87 =        $69

────────────────────────────────────────────────────
Month total                                      $69

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/240834 is the state's own key, not one this site invented.