CALDWELL

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 246308District 09Field 65280200CondensateGasSaveExport
Value, all time
$6.4 M
Jun 2008 – May 2026
Value, last 12 filed months
$151 k
at the published price for each month
Months reported
216
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
CondensateDisposition6 bbl$499
GasProduction1,206,231 Mcf$6,425,271
Total$6,425,769

Every month this lease reported (216)

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

216 months

May 202603,191106.413.05$9,719
Apr 202623,29098.932.87$9,639
Mar 202623,33989.753.15$10,695
Feb 202603,08563.503.75$11,570
Jan 202603,38459.138.00$27,065
Dec 202503,37956.664.41$14,913
Nov 202513,27858.593.93$12,929
Oct 202503,47659.383.30$11,488
Sep 202513,39462.743.08$10,506
Aug 202503,50163.933.01$10,555
Jul 202503,51166.743.32$11,640
Jun 202503,39966.483.13$10,635
May 202503,48060.553.23$11,248
Apr 202503,41162.363.54$12,086
Mar 202503,54267.704.27$15,118
Feb 202503,18870.884.34$13,839
Jan 202503,53974.324.28$15,142
Dec 202403,49668.993.12$10,912
Nov 202403,33369.052.20$7,327
Oct 202403,53971.372.28$8,074
Sep 202403,40769.612.36$8,055
Aug 202403,57675.632.06$7,380
Jul 202403,58079.932.15$7,685
Jun 202403,35378.082.63$8,832
May 202403,61778.812.20$7,952
Apr 202403,68684.451.66$6,116
Mar 202403,83380.301.55$5,922
Feb 202403,47576.091.78$6,198
Jan 202403,78773.023.30$12,488
Dec 202303,71771.262.61$9,704
Nov 202303,80177.892.81$10,672
Oct 202303,89085.443.09$12,010
Sep 202303,80589.042.74$10,407
Aug 202303,94080.522.67$10,531
Jul 202303,90674.852.64$10,319
Jun 202303,71568.962.26$8,390
May 202303,74070.622.23$8,330
Apr 202303,76778.122.24$8,430
Mar 202303,85972.852.39$9,235
Feb 202303,35275.112.47$8,265
Jan 202303,87676.533.39$13,131
Dec 202203,80376.415.73$21,788
Nov 202204,22185.005.65$23,833
Oct 202204,10887.185.86$24,088
Sep 202203,97784.888.16$32,467
Aug 202203,87594.529.13$35,368
Jul 202203,836101.587.54$28,931
Jun 202203,537115.097.98$28,215
May 202203,865109.378.43$32,594
Apr 202203,692104.226.84$25,244
Mar 202203,849108.885.08$19,539
Feb 202203,37991.054.86$16,418
Jan 202203,99281.844.54$18,114
Dec 202104,24071.323.90$16,532
Nov 202104,23877.435.24$22,194
Oct 202104,51279.795.71$25,781
Sep 202104,32469.865.35$23,137
Aug 202102,93766.024.22$12,396
Jul 202103,27370.783.98$13,033
Jun 202103,23769.493.38$10,943
May 202103,29963.483.02$9,955
Apr 202103,32960.362.76$9,183
Mar 202103,22661.302.72$8,765
Feb 202102,76457.805.55$15,335
Jan 202103,44450.412.81$9,679
Dec 202003,53244.642.68$9,450
Nov 202003,47838.772.71$9,413
Oct 202003,69936.972.48$9,168
Sep 202004,02937.091.99$8,022
Aug 202003,60939.982.39$8,608
Jul 202003,56138.371.83$6,499
Jun 202003,17934.901.69$5,374
May 202003,59816.921.81$6,529
Apr 202003,56814.751.80$6,438
Mar 202003,59830.341.86$6,679
Feb 202002,82749.881.98$5,599
Jan 202003,96457.252.09$8,304
Dec 201904,06959.012.30$9,376
Nov 201904,93355.302.75$13,569
Oct 201904,50253.472.42$10,888
Sep 201903,76855.052.66$10,013
Aug 201903,88953.112.30$8,962
Jul 201905,17056.272.46$12,719
Jun 201903,71152.782.49$9,245
May 201904,26258.482.74$11,679
Apr 201904,94262.632.75$13,594
Mar 201904,57556.803.06$14,009
Feb 201904,10650.852.79$11,465
Jan 20190046.033.23$0
Dec 20180046.594.19$0
Nov 201807552.934.24$318
Oct 201805161.443.40$173
Sep 201803059.543.11$93
Aug 201803559.403.07$107
Jul 201809965.142.93$290
Jun 201808060.183.08$246
May 201804365.382.90$125
Apr 201806763.842.90$194
Mar 201803661.222.79$100
Feb 201801861.782.77$50
Jan 20180762.874.01$28
Dec 201704057.272.92$117
Nov 201703955.423.12$122
Oct 201703049.292.98$90
Sep 201702947.523.09$90
Aug 201703045.373.00$90
Jul 20170043.873.09$0
Jun 201702042.493.09$62
May 201703945.373.26$127
Apr 2017066247.933.21$2,126
Mar 201701,87646.772.98$5,597
Feb 201701,95650.452.95$5,775
Jan 201702,00449.413.42$6,851
Dec 201603,54148.763.72$13,183
Nov 201603,73942.492.64$9,887
Oct 201602,50646.193.09$7,744
Sep 201602,08441.553.10$6,462
Aug 201602,07241.442.92$6,059
Jul 201602,06941.622.92$6,050
Jun 201602,44945.352.69$6,578
May 201602,56842.521.99$5,113
Apr 201602,45636.561.99$4,890
Mar 201604,16833.011.79$7,477
Feb 201604,59026.472.06$9,472
Jan 201603,80927.352.36$9,006
Dec 201503,24132.362.00$6,487
Nov 201504,06638.792.17$8,812
Oct 201503,83143.552.43$9,296
Sep 201503,28942.992.76$9,072
Aug 201503,72140.162.87$10,689
Jul 201502,88048.152.95$8,482
Jun 201504,80256.152.88$13,843
May 201504,69555.212.96$13,876
Apr 201501,25149.822.71$3,386
Mar 201505,72542.892.93$16,801
Feb 201503,13744.662.98$9,336
Jan 201501,16443.433.10$3,609
Dec 2014088354.693.59$3,171
Nov 201404,26170.464.25$18,117
Oct 201401,32378.303.90$5,161
Sep 2014016886.164.05$680
Aug 2014018589.394.04$747
Jul 2014021996.564.18$915
Jun 2014023898.164.74$1,127
May 2014025494.734.73$1,201
Apr 201401,31595.944.81$6,324
Mar 2014058795.895.06$2,968
Feb 2014057497.406.19$3,554
Jan 201403,59590.404.86$17,474
Dec 201305,66491.824.35$24,664
Nov 201305,90988.853.74$22,090
Oct 201305,77697.423.78$21,830
Sep 20130531104.113.72$1,974
Aug 201302,387104.253.52$8,408
Jul 201306,187102.523.72$23,002
Jun 201305,64894.403.93$22,216
May 201306,33494.834.15$26,280
Apr 201305,97393.964.28$25,580
Mar 201306,12893.623.91$23,978
Feb 201305,40291.233.42$18,474
Jan 201307,84491.603.42$26,826
Dec 201207,74886.773.42$26,499
Nov 201208,18886.953.62$29,681
Oct 201208,15189.383.40$27,711
Sep 201208,22094.672.92$23,989
Aug 201208,07192.662.91$23,472
Jul 201208,63385.133.02$26,079
Jun 201207,97079.822.52$20,077
May 201209,20091.612.49$22,893
Apr 201207,146101.652.00$14,269
Mar 201206,002105.052.22$13,337
Feb 20120815101.102.57$2,095
Jan 2012066398.092.73$1,813
Dec 201102,79596.873.24$9,055
Nov 201105,38995.723.31$17,844
Oct 201108,17584.983.65$29,827
Sep 201109,38583.623.99$37,407
Aug 201108,29783.404.15$34,427
Jul 201109,31894.144.52$42,092
Jun 201109,40392.904.64$43,629
May 201109,98498.134.40$43,978
Apr 201104,801105.964.33$20,804
Mar 201102,15796.364.06$8,752
Feb 201105,61185.644.18$23,454
Jan 201109,87786.504.59$45,323
Dec 2010011,31885.734.35$49,208
Nov 2010012,23880.843.80$46,447
Oct 2010012,80778.103.51$44,938
Sep 2010012,82072.633.98$51,017
Aug 2010013,93173.684.42$61,566
Jul 2010012,56672.554.74$59,519
Jun 2010011,80370.364.91$57,957
May 2010013,38971.124.24$56,705
Apr 20100081.694.12$0
Mar 2010011,62178.394.39$51,001
Feb 2010010,48373.585.44$57,052
Jan 2010018,97374.365.96$113,157
Dec 2009020,06671.445.48$110,037
Nov 2009021,95274.593.75$82,353
Oct 200904,71572.544.11$19,380
Sep 2009011,81765.543.06$36,216
Aug 20090067.423.22$0
Jul 20090061.133.46$0
Jun 20090066.163.90$0
May 20090054.743.93$0
Apr 20090046.773.59$0
Mar 20090042.144.06$0
Feb 20090032.814.63$0
Jan 2009022,26435.865.37$119,580
Dec 2008027,17437.105.98$162,423
Nov 2008029,92755.496.86$205,310
Oct 2008035,09275.246.92$242,906
Sep 2008042,537101.767.88$335,068
Aug 2008051,813114.228.48$439,531
Jul 2008062,794131.0811.39$715,188
Jun 2008080,665131.3313.03$1,051,277

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                3,191 Mcf  × $  3.05 =     $9,719

────────────────────────────────────────────────────
Month total                                   $9,719

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/246308 is the state's own key, not one this site invented.