CORE LAB

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 240892District 09Field 65280200CondensateGasSaveExport
Value, all time
$4.9 M
Mar 2008 – May 2026
Value, last 12 filed months
$150 k
at the published price for each month
Months reported
219
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
CondensateDisposition11 bbl$706
GasProduction1,294,955 Mcf$4,898,653
Total$4,899,360

Every month this lease reported (219)

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

219 months

May 202603,243106.413.05$9,878
Apr 202613,15098.932.87$9,139
Mar 202613,23189.753.15$10,266
Feb 202612,99163.503.75$11,281
Jan 202603,44159.138.00$27,521
Dec 202503,40956.664.41$15,045
Nov 202503,35558.593.93$13,173
Oct 202503,49059.383.30$11,534
Sep 202503,36562.743.08$10,354
Aug 202503,47763.933.01$10,482
Jul 202503,42966.743.32$11,368
Jun 202513,28566.483.13$10,344
May 202503,63260.553.23$11,740
Apr 202503,46462.363.54$12,273
Mar 202513,59867.704.27$15,425
Feb 202503,26570.884.34$14,173
Jan 202503,56974.324.28$15,271
Dec 202403,73568.993.12$11,658
Nov 202403,56369.052.20$7,833
Oct 202403,70471.372.28$8,450
Sep 202403,55769.612.36$8,410
Aug 20240075.632.06$0
Jul 202403,69579.932.15$7,932
Jun 202403,53678.082.63$9,314
May 202403,64378.812.20$8,009
Apr 202403,52584.451.66$5,849
Mar 202403,68580.301.55$5,694
Feb 202403,52776.091.78$6,291
Jan 202403,75173.023.30$12,370
Dec 202303,81871.262.61$9,968
Nov 202303,65777.892.81$10,267
Oct 202303,45085.443.09$10,651
Sep 202303,37089.042.74$9,217
Aug 202303,18680.522.67$8,516
Jul 202303,22874.852.64$8,528
Jun 202302,91568.962.26$6,583
May 202303,41870.622.23$7,613
Apr 202303,42878.122.24$7,671
Mar 202313,50372.852.39$8,456
Feb 202302,45675.112.47$6,056
Jan 202303,57676.533.39$12,114
Dec 202203,26876.415.73$18,723
Nov 202203,85785.005.65$21,777
Oct 202204,00687.185.86$23,490
Sep 202203,46884.888.16$28,312
Aug 202203,62694.529.13$33,095
Jul 202203,732101.587.54$28,147
Jun 202204,001115.097.98$31,917
May 202203,772109.378.43$31,809
Apr 20220640104.226.84$4,376
Mar 202200108.885.08$0
Feb 20220091.054.86$0
Jan 20220081.844.54$0
Dec 20210671.323.90$23
Nov 20210977.435.24$47
Oct 202101279.795.71$69
Sep 2021092269.865.35$4,934
Aug 202102,73966.024.22$11,560
Jul 202103,97270.783.98$15,817
Jun 202104,46469.493.38$15,091
May 202104,76063.483.02$14,364
Apr 202104,30460.362.76$11,872
Mar 202104,01961.302.72$10,919
Feb 202103,21757.805.55$17,848
Jan 202103,99150.412.81$11,216
Dec 202004,04944.642.68$10,833
Nov 202003,96338.772.71$10,726
Oct 202003,90236.972.48$9,671
Sep 202003,79737.091.99$7,560
Aug 202004,01239.982.39$9,569
Jul 202004,07538.371.83$7,437
Jun 202003,86534.901.69$6,533
May 202004,04616.921.81$7,342
Apr 202003,95314.751.80$7,133
Mar 202004,09530.341.86$7,601
Feb 202003,86149.881.98$7,647
Jan 202004,25957.252.09$8,922
Dec 201904,18059.012.30$9,632
Nov 201903,85755.302.75$10,609
Oct 201904,09353.472.42$9,899
Sep 201903,73655.052.66$9,928
Aug 201904,56453.112.30$10,517
Jul 201904,66856.272.46$11,484
Jun 201904,02052.782.49$10,015
May 201904,64158.482.74$12,718
Apr 201904,55562.632.75$12,529
Mar 201904,85556.803.06$14,867
Feb 201904,55750.852.79$12,724
Jan 201904,59246.033.23$14,824
Dec 201804,64146.594.19$19,425
Nov 201804,05152.934.24$17,165
Oct 201804,53961.443.40$15,424
Sep 201804,60159.543.11$14,300
Aug 201804,45959.403.07$13,674
Jul 201804,06765.142.93$11,924
Jun 201803,89460.183.08$11,982
May 201804,43765.382.90$12,871
Apr 201804,26963.842.90$12,384
Mar 201804,51061.222.79$12,569
Feb 201804,12361.782.77$11,405
Jan 201804,86762.874.01$19,513
Dec 201704,48657.272.92$13,106
Nov 201704,32655.423.12$13,490
Oct 201704,73549.292.98$14,128
Sep 201706,13847.523.09$18,950
Aug 201706,08245.373.00$18,273
Jul 201704,62243.873.09$14,269
Jun 201704,30942.493.09$13,303
May 201705,02845.373.26$16,408
Apr 201704,87347.933.21$15,650
Mar 201705,34646.772.98$15,951
Feb 201704,93050.452.95$14,556
Jan 201755,42549.413.42$18,794
Dec 201605,51548.763.72$20,531
Nov 201605,51642.492.64$14,586
Oct 201604,66946.193.09$14,428
Sep 201604,45041.553.10$13,798
Aug 201605,28641.442.92$15,458
Jul 201605,51741.622.92$16,134
Jun 201605,31845.352.69$14,283
May 201605,52842.521.99$11,006
Apr 201605,41536.561.99$10,781
Mar 201605,49833.011.79$9,863
Feb 201605,04226.472.06$10,405
Jan 201604,65627.352.36$11,008
Dec 201505,15132.362.00$10,309
Nov 201505,04838.792.17$10,941
Oct 201505,44743.552.43$13,218
Sep 201505,36742.992.76$14,804
Aug 201505,62840.162.87$16,166
Jul 201505,37248.152.95$15,821
Jun 201505,09456.152.88$14,685
May 201505,53455.212.96$16,355
Apr 201505,48149.822.71$14,835
Mar 201505,68742.892.93$16,690
Feb 201505,16244.662.98$15,363
Jan 201505,73243.433.10$17,773
Dec 201405,53554.693.59$19,878
Nov 201405,43970.464.25$23,126
Oct 201405,36478.303.90$20,925
Sep 201405,22986.164.05$21,154
Aug 201405,72689.394.04$23,105
Jul 201406,03596.564.18$25,224
Jun 201406,35698.164.74$30,108
May 201407,45794.734.73$35,246
Apr 201406,26995.944.81$30,148
Mar 201406,54695.895.06$33,102
Feb 201405,93297.406.19$36,731
Jan 201406,80790.404.86$33,087
Dec 201306,70091.824.35$29,175
Nov 201306,71088.853.74$25,084
Oct 201307,06197.423.78$26,686
Sep 201306,023104.113.72$22,392
Aug 201305,491104.253.52$19,343
Jul 201305,751102.523.72$21,381
Jun 201305,21094.403.93$20,493
May 201306,72194.834.15$27,886
Apr 201307,10193.964.28$30,411
Mar 201307,26493.623.91$28,423
Feb 201306,64891.233.42$22,736
Jan 201307,46991.603.42$25,543
Dec 201207,63286.773.42$26,103
Nov 201207,46186.953.62$27,046
Oct 201207,85389.383.40$26,698
Sep 201207,77594.672.92$22,691
Aug 201208,14592.662.91$23,687
Jul 201208,02485.133.02$24,239
Jun 201207,92679.822.52$19,966
May 201208,20891.612.49$20,424
Apr 201208,158101.652.00$16,290
Mar 201208,607105.052.22$19,125
Feb 201208,121101.102.57$20,873
Jan 201208,72098.092.73$23,841
Dec 201108,86896.873.24$28,730
Nov 201108,67795.723.31$28,732
Oct 201109,13184.983.65$33,315
Sep 201108,84383.623.99$35,246
Aug 201109,28583.404.15$38,526
Jul 201109,29394.144.52$41,979
Jun 201109,38392.904.64$43,536
May 201109,67698.134.40$42,621
Apr 201109,163105.964.33$39,706
Mar 2011010,01496.364.06$40,630
Feb 201108,33485.644.18$34,836
Jan 201109,83186.504.59$45,112
Dec 2010010,27685.734.35$44,677
Nov 2010010,19180.843.80$38,678
Oct 2010010,17578.103.51$35,703
Sep 2010010,15372.633.98$40,404
Aug 2010010,45873.684.42$46,218
Jul 2010010,36972.554.74$49,113
Jun 2010011,40370.364.91$55,993
May 2010012,70771.124.24$53,817
Apr 2010012,39481.694.12$51,097
Mar 2010012,44578.394.39$54,617
Feb 201008,52373.585.44$46,385
Jan 2010012,12474.365.96$72,309
Dec 2009012,76971.445.48$70,022
Nov 2009010,50374.593.75$39,402
Oct 2009014,04272.544.11$57,716
Sep 2009014,04665.543.06$43,047
Aug 2009015,51767.423.22$49,941
Jul 2009015,95461.133.46$55,273
Jun 2009015,93766.163.90$62,075
May 2009017,76154.743.93$69,725
Apr 2009017,40746.773.59$62,448
Mar 2009018,60242.144.06$75,506
Feb 2009019,18132.814.63$88,866
Jan 2009022,72835.865.37$122,072
Dec 2008024,87137.105.98$148,657
Nov 2008026,87755.496.86$184,386
Oct 2008019,39975.246.92$134,279
Sep 200800101.767.88$0
Aug 200800114.228.48$0
Jul 200800131.0811.39$0
Jun 200800131.3313.03$0
May 200800123.1711.57$0
Apr 200800110.3110.45$0
Mar 200800101.909.66$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                3,243 Mcf  × $  3.05 =     $9,878

────────────────────────────────────────────────────
Month total                                   $9,878

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/240892 is the state's own key, not one this site invented.