KING

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 247101District 09Field 65280200CondensateGasSaveExport
Value, all time
$3.6 M
Jul 2007 – May 2026
Value, last 12 filed months
$18 k
at the published price for each month
Months reported
227
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
CondensateDisposition13 bbl$1,082
GasProduction692,679 Mcf$3,609,981
Total$3,611,062

Every month this lease reported (227)

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

227 months

May 2026084106.413.05$256
Apr 2026140398.932.87$1,255
Mar 2026053889.753.15$1,694
Feb 2026043263.503.75$1,620
Jan 2026078459.138.00$6,270
Dec 2025036956.664.41$1,629
Nov 2025031558.593.93$1,237
Oct 2025029159.383.30$962
Sep 2025029262.743.08$898
Aug 2025020363.933.01$612
Jul 2025016966.743.32$560
Jun 2025024166.483.13$754
May 2025030860.553.23$996
Apr 2025142762.363.54$1,575
Mar 2025141367.704.27$1,831
Feb 2025078870.884.34$3,421
Jan 2025084674.324.28$3,620
Dec 202401,14868.993.12$3,583
Nov 2024053969.052.20$1,185
Oct 2024053571.372.28$1,221
Sep 2024050469.612.36$1,192
Aug 20241075.632.06$76
Jul 2024038179.932.15$818
Jun 2024034878.082.63$917
May 2024148078.812.20$1,134
Apr 2024144184.451.66$816
Mar 2024148280.301.55$825
Feb 2024045676.091.78$813
Jan 2024056673.023.30$1,866
Dec 2023048971.262.61$1,277
Nov 2023044877.892.81$1,258
Oct 2023042685.443.09$1,315
Sep 2023044589.042.74$1,217
Aug 2023138180.522.67$1,099
Jul 202317274.852.64$265
Jun 202303468.962.26$77
May 2023022670.622.23$503
Apr 2023040678.122.24$909
Mar 2023145572.852.39$1,162
Feb 2023086375.112.47$2,128
Jan 2023036276.533.39$1,226
Dec 2022027876.415.73$1,593
Nov 2022033885.005.65$1,908
Oct 2022017387.185.86$1,014
Sep 202205184.888.16$416
Aug 202202994.529.13$265
Jul 2022078101.587.54$588
Jun 20221164115.097.98$1,423
May 20220186109.378.43$1,569
Apr 20221241104.226.84$1,752
Mar 20220239108.885.08$1,213
Feb 2022024991.054.86$1,210
Jan 2022064081.844.54$2,904
Dec 2021049371.323.90$1,922
Nov 2021038477.435.24$2,011
Oct 2021033279.795.71$1,897
Sep 2021016469.865.35$878
Aug 202101,16766.024.22$4,925
Jul 20210070.783.98$0
Jun 202102169.493.38$71
May 2021026063.483.02$785
Apr 2021035060.362.76$965
Mar 2021040461.302.72$1,098
Feb 2021047457.805.55$2,630
Jan 2021043550.412.81$1,222
Dec 2020023444.642.68$626
Nov 2020032138.772.71$869
Oct 2020069536.972.48$1,723
Sep 2020063737.091.99$1,268
Aug 2020050539.982.39$1,204
Jul 2020049738.371.83$907
Jun 2020071134.901.69$1,202
May 2020069516.921.81$1,261
Apr 2020074614.751.80$1,346
Mar 2020082330.341.86$1,528
Feb 2020085049.881.98$1,684
Jan 2020080957.252.09$1,695
Dec 201901,08959.012.30$2,509
Nov 2019094355.302.75$2,594
Oct 2019082353.472.42$1,990
Sep 201901,00455.052.66$2,668
Aug 2019080553.112.30$1,855
Jul 2019042256.272.46$1,038
Jun 2019057552.782.49$1,432
May 2019073858.482.74$2,022
Apr 2019042862.632.75$1,177
Mar 2019071556.803.06$2,189
Feb 2019063150.852.79$1,762
Jan 2019070246.033.23$2,266
Dec 2018071646.594.19$2,997
Nov 2018053852.934.24$2,280
Oct 2018041161.443.40$1,397
Sep 2018060659.543.11$1,883
Aug 2018063959.403.07$1,960
Jul 2018048065.142.93$1,407
Jun 2018068760.183.08$2,114
May 2018074965.382.90$2,173
Apr 2018083163.842.90$2,411
Mar 2018095461.222.79$2,659
Feb 2018092761.782.77$2,564
Jan 201801,14162.874.01$4,575
Dec 201701,11757.272.92$3,263
Nov 2017089955.423.12$2,803
Oct 201701,05949.292.98$3,160
Sep 2017089747.523.09$2,769
Aug 2017087445.373.00$2,626
Jul 2017093543.873.09$2,887
Jun 201701,35642.493.09$4,186
May 201701,72545.373.26$5,629
Apr 201701,64347.933.21$5,277
Mar 201701,64946.772.98$4,920
Feb 201701,65350.452.95$4,881
Jan 201701,63049.413.42$5,573
Dec 201602,08048.763.72$7,743
Nov 201602,27642.492.64$6,019
Oct 201602,50546.193.09$7,741
Sep 201602,54041.553.10$7,876
Aug 201602,17641.442.92$6,363
Jul 201602,07141.622.92$6,056
Jun 201602,11245.352.69$5,672
May 201602,04842.521.99$4,078
Apr 201602,12136.561.99$4,223
Mar 201602,42333.011.79$4,347
Feb 201602,33626.472.06$4,821
Jan 201602,29727.352.36$5,431
Dec 201502,07332.362.00$4,149
Nov 201501,98938.792.17$4,311
Oct 201502,22843.552.43$5,406
Sep 201501,94042.992.76$5,351
Aug 201501,95140.162.87$5,604
Jul 201501,78548.152.95$5,257
Jun 201501,69656.152.88$4,889
May 201502,15255.212.96$6,360
Apr 201502,30549.822.71$6,239
Mar 201502,41642.892.93$7,090
Feb 201502,26144.662.98$6,729
Jan 201502,49043.433.10$7,721
Dec 201402,70954.693.59$9,729
Nov 201402,71570.464.25$11,544
Oct 201402,70078.303.90$10,533
Sep 201412,68686.164.05$10,952
Aug 201402,95489.394.04$11,920
Jul 201403,36896.564.18$14,077
Jun 201402,78498.164.74$13,187
May 201403,06094.734.73$14,463
Apr 201402,90195.944.81$13,951
Mar 201403,30095.895.06$16,687
Feb 201402,94697.406.19$18,242
Jan 201403,32090.404.86$16,138
Dec 201303,78391.824.35$16,473
Nov 201303,24188.853.74$12,116
Oct 201303,32897.423.78$12,578
Sep 201303,543104.113.72$13,172
Aug 201303,426104.253.52$12,068
Jul 201303,268102.523.72$12,150
Jun 201303,35894.403.93$13,208
May 201303,46694.834.15$14,381
Apr 201303,19193.964.28$13,666
Mar 201303,22393.623.91$12,611
Feb 201302,85191.233.42$9,750
Jan 201303,64491.603.42$12,462
Dec 201203,57486.773.42$12,224
Nov 201203,68486.953.62$13,354
Oct 201203,77589.383.40$12,834
Sep 201203,95494.672.92$11,539
Aug 201204,14092.662.91$12,040
Jul 201204,33685.133.02$13,098
Jun 201204,22979.822.52$10,653
May 201204,62791.612.49$11,513
Apr 201204,519101.652.00$9,024
Mar 201201,327105.052.22$2,949
Feb 201205,512101.102.57$14,167
Jan 201205,90898.092.73$16,153
Dec 201105,21896.873.24$16,905
Nov 201105,80495.723.31$19,219
Oct 201106,36284.983.65$23,212
Sep 201105,44383.623.99$21,695
Aug 201104,33483.404.15$17,983
Jul 201103,02094.144.52$13,642
Jun 201104,60192.904.64$21,348
May 201105,92198.134.40$26,081
Apr 201105,132105.964.33$22,238
Mar 201105,93596.364.06$24,080
Feb 201102,62885.644.18$10,985
Jan 201105,73086.504.59$26,294
Dec 201006,68085.734.35$29,043
Nov 201006,66380.843.80$25,288
Oct 201001,57678.103.51$5,530
Sep 201005,38872.633.98$21,441
Aug 201005,82673.684.42$25,747
Jul 201009,07372.554.74$42,974
Jun 2010010,11570.364.91$49,669
May 201007,57471.124.24$32,078
Apr 201007,78081.694.12$32,075
Mar 201008,09778.394.39$35,535
Feb 201007,20473.585.44$39,207
Jan 201008,08974.365.96$48,244
Dec 200906,99671.445.48$38,364
Nov 200906,19874.593.75$23,252
Oct 200902,97972.544.11$12,244
Sep 200903,01565.543.06$9,240
Aug 200905,12967.423.22$16,508
Jul 200907,00061.133.46$24,252
Jun 200907,99366.163.90$31,133
May 200908,24654.743.93$32,372
Apr 200907,78746.773.59$27,936
Mar 200907,75642.144.06$31,482
Feb 200908,00932.814.63$37,106
Jan 200907,89835.865.37$42,420
Dec 200805,67237.105.98$33,902
Nov 200805,21155.496.86$35,749
Oct 200804,49475.246.92$31,107
Sep 200808,103101.767.88$63,828
Aug 200809,705114.228.48$82,328
Jul 200809,018131.0811.39$102,710
Jun 200809,664131.3313.03$125,947
May 2008011,580123.1711.57$134,030
Apr 200809,933110.3110.45$103,848
Mar 2008023,227101.909.66$224,467
Feb 2008016,83192.538.77$147,618
Jan 200806,86090.388.21$56,291
Dec 2007014,24688.337.30$104,024
Nov 2007014,71291.677.29$107,275
Oct 2007014,16982.856.92$98,078
Sep 2007017,04375.846.24$106,419
Aug 2007024,24869.066.39$154,895
Jul 2007022,08970.906.39$141,103

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                   84 Mcf  × $  3.05 =       $256

────────────────────────────────────────────────────
Month total                                     $256

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/247101 is the state's own key, not one this site invented.