VERSFELT

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 246368District 09Field 65280200CondensateGasSaveExport
Value, all time
$4.8 M
Aug 2008 – May 2026
Value, last 12 filed months
$0
at the published price for each month
Months reported
214
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
CondensateDisposition5 bbl$381
GasProduction1,144,442 Mcf$4,792,837
Total$4,793,218

Every month this lease reported (214)

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

214 months

May 202600106.413.05$0
Apr 20260098.932.87$0
Mar 20260089.753.15$0
Feb 20260063.503.75$0
Jan 20260059.138.00$0
Dec 20250056.664.41$0
Nov 20250058.593.93$0
Oct 20250059.383.30$0
Sep 20250062.743.08$0
Aug 20250063.933.01$0
Jul 20250066.743.32$0
Jun 20250066.483.13$0
May 20250060.553.23$0
Apr 20250062.363.54$0
Mar 20250067.704.27$0
Feb 20250070.884.34$0
Jan 20250074.324.28$0
Dec 20240068.993.12$0
Nov 20240069.052.20$0
Oct 20240071.372.28$0
Sep 20240069.612.36$0
Aug 20240075.632.06$0
Jul 20240079.932.15$0
Jun 20240078.082.63$0
May 20240078.812.20$0
Apr 20240084.451.66$0
Mar 20240080.301.55$0
Feb 20240076.091.78$0
Jan 20240073.023.30$0
Dec 20230071.262.61$0
Nov 20230077.892.81$0
Oct 20230085.443.09$0
Sep 20230089.042.74$0
Aug 20230080.522.67$0
Jul 20230074.852.64$0
Jun 20230068.962.26$0
May 20230070.622.23$0
Apr 20230078.122.24$0
Mar 20230072.852.39$0
Feb 20230075.112.47$0
Jan 20230076.533.39$0
Dec 20220076.415.73$0
Nov 20220085.005.65$0
Oct 20220087.185.86$0
Sep 20220084.888.16$0
Aug 20220094.529.13$0
Jul 202200101.587.54$0
Jun 202200115.097.98$0
May 202200109.378.43$0
Apr 202200104.226.84$0
Mar 202200108.885.08$0
Feb 20220091.054.86$0
Jan 20220081.844.54$0
Dec 20210071.323.90$0
Nov 20210077.435.24$0
Oct 20210079.795.71$0
Sep 20210069.865.35$0
Aug 20210066.024.22$0
Jul 20210070.783.98$0
Jun 20210069.493.38$0
May 20210063.483.02$0
Apr 20210060.362.76$0
Mar 20210061.302.72$0
Feb 20210057.805.55$0
Jan 20210050.412.81$0
Dec 20200044.642.68$0
Nov 2020022538.772.71$609
Oct 20200236.972.48$5
Sep 20200037.091.99$0
Aug 20200039.982.39$0
Jul 20200038.371.83$0
Jun 20200034.901.69$0
May 20200016.921.81$0
Apr 20200014.751.80$0
Mar 20200030.341.86$0
Feb 20200049.881.98$0
Jan 20200057.252.09$0
Dec 20190059.012.30$0
Nov 20190055.302.75$0
Oct 20190053.472.42$0
Sep 20190055.052.66$0
Aug 20190053.112.30$0
Jul 20190056.272.46$0
Jun 20190052.782.49$0
May 20190058.482.74$0
Apr 201904762.632.75$129
Mar 201904,22256.803.06$12,928
Feb 201903,99250.852.79$11,147
Jan 201904,31646.033.23$13,933
Dec 201804,63846.594.19$19,412
Nov 201804,47952.934.24$18,979
Oct 201804,57961.443.40$15,560
Sep 201804,04259.543.11$12,563
Aug 201804,17859.403.07$12,812
Jul 201804,01465.142.93$11,769
Jun 201803,33160.183.08$10,249
May 201803,52665.382.90$10,228
Apr 201803,84663.842.90$11,156
Mar 201804,17761.222.79$11,641
Feb 201803,96261.782.77$10,959
Jan 201804,48362.874.01$17,974
Dec 201704,50357.272.92$13,156
Nov 201704,65655.423.12$14,519
Oct 201705,19049.292.98$15,485
Sep 201705,15447.523.09$15,912
Aug 201704,98345.373.00$14,971
Jul 201704,77143.873.09$14,729
Jun 201704,44242.493.09$13,714
May 201704,85245.373.26$15,834
Apr 201704,89847.933.21$15,730
Mar 201705,01446.772.98$14,960
Feb 201704,51850.452.95$13,340
Jan 201724,93049.413.42$16,954
Dec 201604,86448.763.72$18,108
Nov 201604,67042.492.64$12,349
Oct 201604,67546.193.09$14,447
Sep 201604,54241.553.10$14,083
Aug 201604,96141.442.92$14,508
Jul 201605,07741.622.92$14,847
Jun 201605,06145.352.69$13,593
May 201604,74442.521.99$9,445
Apr 201604,28536.561.99$8,532
Mar 201604,56533.011.79$8,190
Feb 201604,19826.472.06$8,663
Jan 201604,34527.352.36$10,273
Dec 201504,46832.362.00$8,942
Nov 201504,73638.792.17$10,264
Oct 201505,15943.552.43$12,519
Sep 201504,23742.992.76$11,687
Aug 201504,92040.162.87$14,133
Jul 201505,31548.152.95$15,653
Jun 201505,71256.152.88$16,467
May 201505,75055.212.96$16,994
Apr 201505,94849.822.71$16,099
Mar 201505,60542.892.93$16,449
Feb 201505,18944.662.98$15,443
Jan 201505,80343.433.10$17,993
Dec 201406,06654.693.59$21,785
Nov 201405,76970.464.25$24,529
Oct 201406,14478.303.90$23,968
Sep 201406,29186.164.05$25,450
Aug 201406,14989.394.04$24,812
Jul 201406,87096.564.18$28,714
Jun 201407,09698.164.74$33,613
May 201407,61794.734.73$36,002
Apr 201408,33995.944.81$40,103
Mar 201409,12195.895.06$46,123
Feb 201412,32797.406.19$14,506
Jan 20141190.404.86$95
Dec 201303,82991.824.35$16,673
Nov 201307,37988.853.74$27,585
Oct 201307,71797.423.78$29,165
Sep 201307,553104.113.72$28,080
Aug 201308,611104.253.52$30,333
Jul 201308,703102.523.72$32,355
Jun 201316,05794.403.93$23,919
May 201304,17194.834.15$17,306
Apr 201305,54093.964.28$23,726
Mar 201305,47293.623.91$21,411
Feb 201307,18791.233.42$24,579
Jan 201309,26191.603.42$31,672
Dec 201202,74486.773.42$9,385
Nov 201205,54686.953.62$20,104
Oct 201208,80989.383.40$29,948
Sep 201208,26694.672.92$24,123
Aug 201208,38892.662.91$24,394
Jul 201206,41785.133.02$19,384
Jun 201208,51579.822.52$21,450
May 201208,83491.612.49$21,982
Apr 201208,070101.652.00$16,114
Mar 201209,566105.052.22$21,256
Feb 201208,966101.102.57$23,045
Jan 201209,41198.092.73$25,730
Dec 2011010,56696.873.24$34,231
Nov 2011010,30495.723.31$34,119
Oct 201109,19384.983.65$33,541
Sep 201108,70583.623.99$34,696
Aug 201109,13183.404.15$37,887
Jul 201108,34494.144.52$37,692
Jun 2011011,75492.904.64$54,537
May 2011013,11998.134.40$57,787
Apr 2011014,701105.964.33$63,704
Mar 2011012,31696.364.06$49,970
Feb 2011011,42885.644.18$47,769
Jan 2011013,61686.504.59$62,481
Dec 2010012,43685.734.35$54,069
Nov 2010012,22280.843.80$46,387
Oct 2010012,90178.103.51$45,268
Sep 2010012,99272.633.98$51,701
Aug 2010013,13173.684.42$58,031
Jul 2010012,42972.554.74$58,870
Jun 2010013,05370.364.91$64,095
May 2010013,13171.124.24$55,613
Apr 2010013,02481.694.12$53,694
Mar 2010014,47878.394.39$63,539
Feb 2010014,42473.585.44$78,501
Jan 2010015,12774.365.96$90,219
Dec 200909,43271.445.48$51,723
Nov 2009014,80774.593.75$55,548
Oct 2009013,06872.544.11$53,713
Sep 2009016,67065.543.06$51,089
Aug 2009012,00367.423.22$38,632
Jul 2009019,73761.133.46$68,379
Jun 2009017,27966.163.90$67,302
May 2009020,07054.743.93$78,790
Apr 2009022,45046.773.59$80,539
Mar 2009024,66842.144.06$100,127
Feb 2009024,95732.814.63$115,626
Jan 2009021,89235.865.37$117,582
Dec 2008026,35137.105.98$157,504
Nov 2008027,86555.496.86$191,164
Oct 2008038,18875.246.92$264,337
Sep 2008056,441101.767.88$444,591
Aug 20080438114.228.48$3,716

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.

Nov 2020 — as filed, then multipliedworked
Condensate             0 bbl  × $ 38.77 =         $0
Gas                  225 Mcf  × $  2.71 =       $609

────────────────────────────────────────────────────
Month total                                     $609

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/246368 is the state's own key, not one this site invented.