LETT

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 246329District 09Field 65280200GasSaveExport
Value, all time
$9.4 M
Jul 2008 – May 2026
Value, last 12 filed months
$129 k
at the published price for each month
Months reported
215
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
GasProduction2,010,943 Mcf$9,350,245
Total$9,350,245

Every month this lease reported (215)

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

215 months

May 20263,624106.413.05$11,038
Apr 20263,62198.932.87$10,391
Mar 20264,00489.753.15$12,610
Feb 20263,77363.503.75$14,150
Jan 20264,66559.138.00$37,310
Dec 20254,04656.664.41$17,856
Nov 20251,36258.593.93$5,348
Oct 202557159.383.30$1,887
Sep 20251,43862.743.08$4,425
Aug 20251,53463.933.01$4,625
Jul 20251,77566.743.32$5,884
Jun 20251,15866.483.13$3,623
May 20251,31660.553.23$4,254
Apr 20251,12662.363.54$3,990
Mar 20251,37967.704.27$5,886
Feb 20251,41570.884.34$6,142
Jan 20251,17074.324.28$5,006
Dec 20241,53068.993.12$4,776
Nov 20241,63569.052.20$3,594
Oct 20241,62471.372.28$3,705
Sep 20241,53669.612.36$3,632
Aug 202473275.632.06$1,511
Jul 20241,23179.932.15$2,642
Jun 20241,21878.082.63$3,208
May 20241,14878.812.20$2,524
Apr 20241,57984.451.66$2,620
Mar 202443080.301.55$664
Feb 20241,58176.091.78$2,820
Jan 20241,20973.023.30$3,987
Dec 20232,10571.262.61$5,496
Nov 20231,41777.892.81$3,978
Oct 202370385.443.09$2,170
Sep 202332289.042.74$881
Aug 202314580.522.67$388
Jul 202310974.852.64$288
Jun 202376568.962.26$1,728
May 20232,49870.622.23$5,564
Apr 20232,82478.122.24$6,319
Mar 20233,48872.852.39$8,347
Feb 202391975.112.47$2,266
Jan 20238676.533.39$291
Dec 20221,65876.415.73$9,499
Nov 20222,90185.005.65$16,380
Oct 20223,30987.185.86$19,403
Sep 20223,35084.888.16$27,348
Aug 20223,47294.529.13$31,690
Jul 20223,398101.587.54$25,628
Jun 20221,670115.097.98$13,322
May 2022258109.378.43$2,176
Apr 20221,343104.226.84$9,183
Mar 20223,141108.885.08$15,945
Feb 20222,94791.054.86$14,319
Jan 20222,38381.844.54$10,813
Dec 20213,09271.323.90$12,056
Nov 20212,44877.435.24$12,820
Oct 20213,03079.795.71$17,313
Sep 20213,03069.865.35$16,213
Aug 20213,50366.024.22$14,785
Jul 20213,61270.783.98$14,383
Jun 20213,68769.493.38$12,464
May 20213,84363.483.02$11,597
Apr 20213,73160.362.76$10,292
Mar 20213,54561.302.72$9,632
Feb 20211,05657.805.55$5,859
Jan 20212,92750.412.81$8,226
Dec 20202,99444.642.68$8,010
Nov 20203,01538.772.71$8,160
Oct 20203,21336.972.48$7,963
Sep 20203,02437.091.99$6,021
Aug 20203,29839.982.39$7,866
Jul 20202,74438.371.83$5,008
Jun 20203,41634.901.69$5,774
May 20203,51216.921.81$6,373
Apr 20203,52714.751.80$6,364
Mar 20203,57230.341.86$6,630
Feb 20203,55249.881.98$7,035
Jan 20203,79457.252.09$7,947
Dec 20194,11059.012.30$9,471
Nov 20193,90455.302.75$10,739
Oct 20194,34353.472.42$10,504
Sep 20194,37855.052.66$11,634
Aug 20194,31853.112.30$9,950
Jul 20194,26056.272.46$10,480
Jun 20193,89652.782.49$9,706
May 20193,79558.482.74$10,400
Apr 20193,72162.632.75$10,235
Mar 20194,10356.803.06$12,564
Feb 20193,99750.852.79$11,161
Jan 20194,65246.033.23$15,017
Dec 20184,15346.594.19$17,382
Nov 20182,55752.934.24$10,835
Oct 20185,15961.443.40$17,531
Sep 20185,02659.543.11$15,621
Aug 20184,37559.403.07$13,416
Jul 20184,02665.142.93$11,804
Jun 20184,89960.183.08$15,074
May 20185,22265.382.90$15,148
Apr 20184,40863.842.90$12,787
Mar 20184,70561.222.79$13,112
Feb 20184,33361.782.77$11,986
Jan 20184,83762.874.01$19,393
Dec 20174,91757.272.92$14,365
Nov 20174,88855.423.12$15,243
Oct 20175,28549.292.98$15,769
Sep 20175,47247.523.09$16,894
Aug 20175,32245.373.00$15,989
Jul 20175,25043.873.09$16,208
Jun 20175,04242.493.09$15,566
May 20175,40245.373.26$17,629
Apr 20175,09847.933.21$16,373
Mar 20175,46846.772.98$16,315
Feb 20174,98750.452.95$14,725
Jan 20175,78049.413.42$19,761
Dec 20165,71948.763.72$21,291
Nov 20165,69542.492.64$15,060
Oct 20166,01546.193.09$18,588
Sep 20165,05641.553.10$15,677
Aug 20165,61941.442.92$16,432
Jul 20164,95841.622.92$14,499
Jun 20165,46445.352.69$14,675
May 20166,08942.521.99$12,123
Apr 20165,24736.561.99$10,447
Mar 20165,63133.011.79$10,102
Feb 20165,35926.472.06$11,059
Jan 20166,08727.352.36$14,392
Dec 20155,74232.362.00$11,492
Nov 20156,97938.792.17$15,126
Oct 20157,37343.552.43$17,891
Sep 20157,08542.992.76$19,543
Aug 20157,75140.162.87$22,265
Jul 20152,56448.152.95$7,551
Jun 20156,42856.152.88$18,531
May 20157,31355.212.96$21,613
Apr 20157,54649.822.71$20,424
Mar 20158,23942.892.93$24,179
Feb 20157,44344.662.98$22,152
Jan 20157,38343.433.10$22,892
Dec 20142,05054.693.59$7,362
Nov 20146,77370.464.25$28,798
Oct 20146,96678.303.90$27,174
Sep 20146,88186.164.05$27,837
Aug 20147,86889.394.04$31,748
Jul 20147,18496.564.18$30,026
Jun 20147,60698.164.74$36,029
May 20148,55094.734.73$40,412
Apr 20147,34895.944.81$35,337
Mar 20149,10795.895.06$46,052
Feb 20147,96297.406.19$49,301
Jan 20148,05390.404.86$39,143
Dec 20137,57791.824.35$32,994
Nov 20137,10888.853.74$26,572
Oct 20137,70797.423.78$29,128
Sep 20138,166104.113.72$30,359
Aug 20138,936104.253.52$31,478
Jul 20139,095102.523.72$33,813
Jun 20138,68194.403.93$34,146
May 20139,40894.834.15$39,035
Apr 201310,26893.964.28$43,974
Mar 201311,55093.623.91$45,194
Feb 20138,53591.233.42$29,189
Jan 201311,56191.603.42$39,538
Dec 201212,31286.773.42$42,109
Nov 201211,22786.953.62$40,697
Oct 201210,15289.383.40$34,514
Sep 20129,93994.672.92$29,006
Aug 201212,06092.662.91$35,072
Jul 201213,03685.133.02$39,379
Jun 201212,83679.822.52$32,334
May 201211,32391.612.49$28,175
Apr 201213,082101.652.00$26,122
Mar 20129,887105.052.22$21,970
Feb 201213,555101.102.57$34,840
Jan 201215,58498.092.73$42,608
Dec 20114,33496.873.24$14,041
Nov 20115,59595.723.31$18,527
Oct 201111,08484.983.65$40,440
Sep 201115,32483.623.99$61,078
Aug 201116,80683.404.15$69,733
Jul 201118,37294.144.52$82,991
Jun 201118,15192.904.64$84,218
May 20119,78998.134.40$43,119
Apr 20110105.964.33$0
Mar 201114,08396.364.06$57,140
Feb 201114,29385.644.18$59,744
Jan 201117,28186.504.59$79,299
Dec 201014,12485.734.35$61,408
Nov 201014,57080.843.80$55,298
Oct 201016,17678.103.51$56,760
Sep 20103,24672.633.98$12,917
Aug 2010073.684.42$0
Jul 201012,85972.554.74$60,907
Jun 201019,12570.364.91$93,911
May 201020,91371.124.24$88,571
Apr 2010081.694.12$0
Mar 201021,97578.394.39$96,441
Feb 201020,65973.585.44$112,434
Jan 201024,15874.365.96$144,080
Dec 200925,57771.445.48$140,258
Nov 200926,83874.593.75$100,683
Oct 200929,31572.544.11$120,492
Sep 200929,06565.543.06$89,077
Aug 200931,93867.423.22$102,792
Jul 200932,20361.133.46$111,567
Jun 200931,92166.163.90$124,332
May 200935,12554.743.93$137,892
Apr 200937,05546.773.59$132,935
Mar 200942,66142.144.06$173,161
Feb 200942,37532.814.63$196,323
Jan 200952,25835.865.37$280,678
Dec 200858,26737.105.98$348,270
Nov 200863,35755.496.86$434,652
Oct 200876,40675.246.92$528,881
Sep 200892,249101.767.88$726,654
Aug 2008136,078114.228.48$1,154,352
Jul 200824,726131.0811.39$281,615

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                3,624 Mcf  × $  3.05 =    $11,038

────────────────────────────────────────────────────
Month total                                  $11,038

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/246329 is the state's own key, not one this site invented.