LEONARD

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 242149District 09Field 65280200GasSaveExport
Value, all time
$6.0 M
Mar 2008 – May 2026
Value, last 12 filed months
$64 k
at the published price for each month
Months reported
219
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
GasProduction1,326,482 Mcf$6,044,759
Total$6,044,759

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 20261,628106.413.05$4,959
Apr 20261,79698.932.87$5,154
Mar 20261,29789.753.15$4,085
Feb 20261,21663.503.75$4,560
Jan 20261,40459.138.00$11,229
Dec 20251,71156.664.41$7,551
Nov 20251,97358.593.93$7,747
Oct 20251,41859.383.30$4,686
Sep 202594662.743.08$2,911
Aug 202587363.933.01$2,632
Jul 20251,39566.743.32$4,625
Jun 20251,18066.483.13$3,692
May 20251,30460.553.23$4,215
Apr 20251,15862.363.54$4,103
Mar 20251,22067.704.27$5,207
Feb 20251,20670.884.34$5,235
Jan 20251,06574.324.28$4,557
Dec 20241,04368.993.12$3,256
Nov 202491869.052.20$2,018
Oct 20241,17771.372.28$2,685
Sep 20241,36269.612.36$3,220
Aug 20241,89075.632.06$3,900
Jul 20242,11479.932.15$4,538
Jun 20241,71378.082.63$4,512
May 20241,79578.812.20$3,946
Apr 20242,10684.451.66$3,494
Mar 20242,24980.301.55$3,475
Feb 20242,01176.091.78$3,587
Jan 20242,13973.023.30$7,054
Dec 20232,20971.262.61$5,767
Nov 20232,38877.892.81$6,704
Oct 20231,88685.443.09$5,823
Sep 20231,56889.042.74$4,289
Aug 20231,96480.522.67$5,250
Jul 20231,89274.852.64$4,998
Jun 20231,06068.962.26$2,394
May 20232,08970.622.23$4,653
Apr 20232,44878.122.24$5,478
Mar 20232,72272.852.39$6,514
Feb 20232,30675.112.47$5,686
Jan 20232,73276.533.39$9,255
Dec 20222,65376.415.73$15,199
Nov 20222,71385.005.65$15,318
Oct 20222,78587.185.86$16,331
Sep 20222,79884.888.16$22,842
Aug 20222,89494.529.13$26,414
Jul 20222,436101.587.54$18,373
Jun 20222,544115.097.98$20,294
May 20222,598109.378.43$21,909
Apr 20222,617104.226.84$17,894
Mar 20222,651108.885.08$13,458
Feb 20222,45991.054.86$11,948
Jan 20222,68981.844.54$12,202
Dec 20212,60471.323.90$10,153
Nov 20212,76477.435.24$14,475
Oct 20212,89379.795.71$16,530
Sep 20212,84169.865.35$15,202
Aug 20212,62866.024.22$11,092
Jul 20213,07670.783.98$12,249
Jun 20213,14069.493.38$10,615
May 20212,68463.483.02$8,099
Apr 20212,58160.362.76$7,119
Mar 20212,76061.302.72$7,499
Feb 20211,93057.805.55$10,708
Jan 20212,74750.412.81$7,720
Dec 20202,77644.642.68$7,427
Nov 20202,71938.772.71$7,359
Oct 20202,72036.972.48$6,741
Sep 20202,42537.091.99$4,828
Aug 20202,82739.982.39$6,743
Jul 20203,16038.371.83$5,767
Jun 20203,03034.901.69$5,122
May 20203,29516.921.81$5,980
Apr 20203,25514.751.80$5,873
Mar 20203,57430.341.86$6,634
Feb 20203,08549.881.98$6,110
Jan 20202,94757.252.09$6,173
Dec 20192,93459.012.30$6,761
Nov 20193,49255.302.75$9,605
Oct 20193,44353.472.42$8,327
Sep 20193,39755.052.66$9,027
Aug 20193,41553.112.30$7,869
Jul 20193,38556.272.46$8,327
Jun 20193,33852.782.49$8,316
May 20193,83858.482.74$10,517
Apr 20193,31362.632.75$9,113
Mar 20193,34056.803.06$10,227
Feb 20193,62050.852.79$10,108
Jan 20193,60146.033.23$11,625
Dec 20183,18246.594.19$13,318
Nov 20182,94452.934.24$12,474
Oct 20182,87161.443.40$9,756
Sep 20182,48959.543.11$7,736
Aug 20183,99359.403.07$12,245
Jul 20184,09665.142.93$12,009
Jun 20184,07660.183.08$12,542
May 20184,19665.382.90$12,172
Apr 20184,10063.842.90$11,893
Mar 20184,15061.222.79$11,565
Feb 20183,89961.782.77$10,785
Jan 20184,37862.874.01$17,553
Dec 20174,09557.272.92$11,964
Nov 20174,23255.423.12$13,197
Oct 20174,60749.292.98$13,746
Sep 20174,30547.523.09$13,291
Aug 20174,36945.373.00$13,126
Jul 20174,40443.873.09$13,596
Jun 20174,21642.493.09$13,016
May 20172,30845.373.26$7,532
Apr 201724547.933.21$787
Mar 20175,01546.772.98$14,963
Feb 20174,42850.452.95$13,074
Jan 20174,82849.413.42$16,506
Dec 20164,74248.763.72$17,654
Nov 20164,68542.492.64$12,389
Oct 20164,96946.193.09$15,356
Sep 20165,07341.553.10$15,730
Aug 20165,21141.442.92$15,239
Jul 20165,42041.622.92$15,850
Jun 20165,01045.352.69$13,456
May 20165,03442.521.99$10,023
Apr 20164,94636.561.99$9,848
Mar 20165,07633.011.79$9,106
Feb 20165,13826.472.06$10,603
Jan 20165,59427.352.36$13,226
Dec 20155,48532.362.00$10,978
Nov 20155,11138.792.17$11,077
Oct 20155,03743.552.43$12,223
Sep 20155,26542.992.76$14,523
Aug 20155,36640.162.87$15,414
Jul 20156,21548.152.95$18,304
Jun 20155,61256.152.88$16,179
May 20157,63355.212.96$22,559
Apr 20156,78949.822.71$18,375
Mar 20156,76542.892.93$19,853
Feb 20155,66744.662.98$16,866
Jan 20156,30343.433.10$19,543
Dec 20146,87254.693.59$24,680
Nov 20146,26870.464.25$26,651
Oct 20146,04278.303.90$23,570
Sep 20145,72786.164.05$23,168
Aug 20145,97489.394.04$24,106
Jul 20146,04296.564.18$25,253
Jun 20145,99598.164.74$28,398
May 20146,27994.734.73$29,678
Apr 20146,06795.944.81$29,177
Mar 20146,31695.895.06$31,939
Feb 20145,65597.406.19$35,016
Jan 20146,15890.404.86$29,932
Dec 20136,35891.824.35$27,686
Nov 20136,30988.853.74$23,585
Oct 20136,72497.423.78$25,412
Sep 20136,179104.113.72$22,972
Aug 20136,345104.253.52$22,351
Jul 20136,647102.523.72$24,712
Jun 20135,56394.403.93$21,882
May 20136,55694.834.15$27,201
Apr 20135,81193.964.28$24,886
Mar 20135,41393.623.91$21,180
Feb 20135,57791.233.42$19,073
Jan 20136,62291.603.42$22,647
Dec 20125,84586.773.42$19,991
Nov 20125,31186.953.62$19,252
Oct 20126,74889.383.40$22,941
Sep 20126,05994.672.92$17,683
Aug 20125,56892.662.91$16,193
Jul 20124,58785.133.02$13,856
Jun 20124,90379.822.52$12,351
May 20127,42391.612.49$18,471
Apr 20127,134101.652.00$14,245
Mar 20126,342105.052.22$14,092
Feb 20127,195101.102.57$18,493
Jan 20127,64798.092.73$20,908
Dec 20117,68096.873.24$24,881
Nov 20117,56395.723.31$25,043
Oct 20118,03484.983.65$29,312
Sep 20117,57683.623.99$30,196
Aug 20118,07483.404.15$33,502
Jul 20118,67594.144.52$39,187
Jun 20118,14992.904.64$37,810
May 20118,24198.134.40$36,300
Apr 20118,052105.964.33$34,892
Mar 20119,47696.364.06$38,447
Feb 20118,36385.644.18$34,957
Jan 201110,48586.504.59$48,113
Dec 20107,38985.734.35$32,126
Nov 201010,01980.843.80$38,025
Oct 201011,14978.103.51$39,121
Sep 201010,76672.633.98$42,843
Aug 201011,70973.684.42$51,746
Jul 201012,07272.554.74$57,179
Jun 201011,32370.364.91$55,600
May 201012,86171.124.24$54,469
Apr 2010081.694.12$0
Mar 201012,21178.394.39$53,590
Feb 201011,89673.585.44$64,742
Jan 201013,04074.365.96$77,772
Dec 200913,99871.445.48$76,762
Nov 200913,45674.593.75$50,480
Oct 200915,01372.544.11$61,707
Sep 200919,23465.543.06$58,947
Aug 200920,22167.423.22$65,081
Jul 200920,96761.133.46$72,640
Jun 200921,05066.163.90$81,990
May 200922,94354.743.93$90,068
Apr 200916,89146.773.59$60,596
Mar 200923,52942.144.06$95,504
Feb 200919,31932.814.63$89,505
Jan 200915,59535.865.37$83,761
Dec 200834,62537.105.98$206,958
Nov 200836,11255.496.86$247,741
Oct 20081,66775.246.92$11,539
Sep 200825,551101.767.88$201,268
Aug 200848,304114.228.48$409,764
Jul 200862,478131.0811.39$711,589
Jun 200814,908131.3313.03$194,290
May 20080123.1711.57$0
Apr 20080110.3110.45$0
Mar 20080101.909.66$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
Gas                1,628 Mcf  × $  3.05 =     $4,959

────────────────────────────────────────────────────
Month total                                   $4,959

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/242149 is the state's own key, not one this site invented.