MARTIN UNIT

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 247351District 09Field 65280200GasSaveExport
Value, all time
$17.2 M
Dec 2007 – May 2026
Value, last 12 filed months
$141 k
at the published price for each month
Months reported
222
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
GasProduction3,288,566 Mcf$17,211,912
Total$17,211,912

Every month this lease reported (222)

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

222 months

May 20266,212106.413.05$18,921
Apr 20265,80398.932.87$16,653
Mar 20264,96389.753.15$15,631
Feb 20262,14963.503.75$8,059
Jan 20262,34659.138.00$18,763
Dec 20252,25256.664.41$9,939
Nov 20251,07558.593.93$4,221
Oct 202523359.383.30$770
Sep 20252,04062.743.08$6,277
Aug 20253,90963.933.01$11,785
Jul 20254,93466.743.32$16,357
Jun 20254,42466.483.13$13,841
May 20253,77660.553.23$12,205
Apr 20251,33562.363.54$4,730
Mar 202566167.704.27$2,821
Feb 20251,84270.884.34$7,996
Jan 20254,09474.324.28$17,517
Dec 20242,71068.993.12$8,459
Nov 20243,62969.052.20$7,978
Oct 20243,54271.372.28$8,081
Sep 20244,28569.612.36$10,131
Aug 20241,81375.632.06$3,741
Jul 20242,49079.932.15$5,345
Jun 20243,95678.082.63$10,420
May 20243,52178.812.20$7,741
Apr 20242,04184.451.66$3,386
Mar 20243,20380.301.55$4,949
Feb 20243,69876.091.78$6,596
Jan 20242,70573.023.30$8,920
Dec 20234,29371.262.61$11,208
Nov 202353777.892.81$1,508
Oct 202353585.443.09$1,652
Sep 20232,57189.042.74$7,032
Aug 20233,49680.522.67$9,344
Jul 20233,40874.852.64$9,003
Jun 20233,89068.962.26$8,785
May 20233,81870.622.23$8,504
Apr 20233,26278.122.24$7,300
Mar 20233,77472.852.39$9,032
Feb 20233,93875.112.47$9,710
Jan 20232,50176.533.39$8,473
Dec 20223,13776.415.73$17,972
Nov 20224,24185.005.65$23,946
Oct 20224,25687.185.86$24,956
Sep 20225,62384.888.16$45,904
Aug 20225,26094.529.13$48,009
Jul 20226,833101.587.54$51,535
Jun 20226,655115.097.98$53,088
May 20226,597109.378.43$55,633
Apr 20226,112104.226.84$41,791
Mar 20225,723108.885.08$29,052
Feb 20223,89091.054.86$18,901
Jan 20225,68581.844.54$25,797
Dec 20216,44271.323.90$25,118
Nov 20215,59877.435.24$29,316
Oct 20214,55679.795.71$26,032
Sep 202128569.865.35$1,525
Aug 20211,31866.024.22$5,563
Jul 20213,47170.783.98$13,822
Jun 20216,15469.493.38$20,804
May 20216,73663.483.02$20,327
Apr 20217,01360.362.76$19,345
Mar 20214,28561.302.72$11,642
Feb 20213,02257.805.55$16,766
Jan 20216,41750.412.81$18,034
Dec 20207,81344.642.68$20,903
Nov 20207,47438.772.71$20,229
Oct 20209,39836.972.48$23,292
Sep 20208,74937.091.99$17,420
Aug 20208,33039.982.39$19,868
Jul 20208,20938.371.83$14,982
Jun 20207,31634.901.69$12,366
May 20207,55516.921.81$13,710
Apr 20207,22514.751.80$13,037
Mar 20207,91430.341.86$14,690
Feb 20208,00449.881.98$15,853
Jan 20207,26057.252.09$15,208
Dec 201926159.012.30$601
Nov 201921355.302.75$586
Oct 20191,03353.472.42$2,498
Sep 20191,09655.052.66$2,912
Aug 20191,05053.112.30$2,420
Jul 201941156.272.46$1,011
Jun 201911152.782.49$277
May 2019058.482.74$0
Apr 201975362.632.75$2,071
Mar 20194,70256.803.06$14,398
Feb 20194,28050.852.79$11,951
Jan 20192,96046.033.23$9,555
Dec 20184,23846.594.19$17,738
Nov 20183,54252.934.24$15,008
Oct 20184,42661.443.40$15,040
Sep 20185,42259.543.11$16,852
Aug 20185,80959.403.07$17,814
Jul 20185,47065.142.93$16,037
Jun 20184,34260.183.08$13,360
May 20181,67765.382.90$4,865
Apr 20186663.842.90$191
Mar 201857161.222.79$1,591
Feb 20185,27161.782.77$14,580
Jan 20186,28662.874.01$25,203
Dec 20177,59757.272.92$22,195
Nov 20178,08655.423.12$25,215
Oct 20177,18049.292.98$21,423
Sep 20176,84347.523.09$21,126
Aug 20174,12945.373.00$12,405
Jul 20172,20243.873.09$6,798
Jun 20178,56942.493.09$26,455
May 20178,12845.373.26$26,525
Apr 20178,19147.933.21$26,306
Mar 20178,94946.772.98$26,701
Feb 20178,68350.452.95$25,637
Jan 201710,14749.413.42$34,691
Dec 201612,08048.763.72$44,972
Nov 201611,32742.492.64$29,953
Oct 201611,77546.193.09$36,388
Sep 20169,71041.553.10$30,107
Aug 201611,82141.442.92$34,569
Jul 201613,79341.622.92$40,335
Jun 201614,09645.352.69$37,859
May 201613,43542.521.99$26,750
Apr 201614,20036.561.99$28,273
Mar 201614,42133.011.79$25,871
Feb 201611,39226.472.06$23,509
Jan 20165,92527.352.36$14,009
Dec 201512,44132.362.00$24,900
Nov 201512,35838.792.17$26,784
Oct 201511,83243.552.43$28,711
Sep 201510,78742.992.76$29,755
Aug 20156,06240.162.87$17,413
Jul 2015048.152.95$0
Jun 2015056.152.88$0
May 20159,73255.212.96$28,762
Apr 201514,21249.822.71$38,466
Mar 201513,52842.892.93$39,701
Feb 201510,96144.662.98$32,622
Jan 201516,39343.433.10$50,829
Dec 201414,78354.693.59$53,091
Nov 201413,83570.464.25$58,824
Oct 201413,37178.303.90$52,160
Sep 201411,71786.164.05$47,400
Aug 20142,24389.394.04$9,051
Jul 20142,00096.564.18$8,359
Jun 20149,53298.164.74$45,152
May 201418,50094.734.73$87,441
Apr 201415,26695.944.81$73,416
Mar 20144,23095.895.06$21,390
Feb 201417,04597.406.19$105,543
Jan 201418,15190.404.86$88,227
Dec 201320,81791.824.35$90,647
Nov 201319,71888.853.74$73,711
Oct 201322,27197.423.78$84,170
Sep 201320,048104.113.72$74,533
Aug 201320,129104.253.52$70,907
Jul 201323,049102.523.72$85,690
Jun 201321,33194.403.93$83,904
May 201314,81894.834.15$61,481
Apr 201321,20293.964.28$90,799
Mar 20139,37493.623.91$36,679
Feb 20135,28791.233.42$18,081
Jan 2013091.603.42$0
Dec 2012086.773.42$0
Nov 20121,11586.953.62$4,042
Oct 201212,43989.383.40$42,289
Sep 201212,37894.672.92$36,124
Aug 20128,22992.662.91$23,931
Jul 201221,35885.133.02$64,518
Jun 201221,67179.822.52$54,590
May 201221,28491.612.49$52,961
Apr 201222,542101.652.00$45,012
Mar 201222,691105.052.22$50,421
Feb 201223,715101.102.57$60,953
Jan 201226,41298.092.73$72,213
Dec 201124,50696.873.24$79,393
Nov 201120,44995.723.31$67,712
Oct 201121,20984.983.65$77,382
Sep 201123,60383.623.99$94,077
Aug 201126,89083.404.15$111,575
Jul 201126,33294.144.52$118,948
Jun 2011092.904.64$0
May 201124,02498.134.40$105,821
Apr 201111,660105.964.33$50,526
Mar 201128,23396.364.06$114,551
Feb 201127,09885.644.18$113,269
Jan 201130,38686.504.59$139,435
Dec 201030,04885.734.35$130,641
Nov 201030,32980.843.80$115,109
Oct 201026,28678.103.51$92,235
Sep 201020,34872.633.98$80,974
Aug 20104,37473.684.42$19,330
Jul 20104,29572.554.74$20,343
Jun 201027,71670.364.91$136,097
May 20109,17371.124.24$38,850
Apr 2010081.694.12$0
Mar 201034,21078.394.39$150,136
Feb 201030,54173.585.44$166,215
Jan 201034,45674.365.96$205,499
Dec 200936,63071.445.48$200,870
Nov 200940,16074.593.75$150,660
Oct 200941,69472.544.11$171,373
Sep 200942,62265.543.06$130,626
Aug 200947,40567.423.22$152,573
Jul 200950,32761.133.46$174,358
Jun 200948,94266.163.90$190,629
May 200954,86354.743.93$215,378
Apr 200956,59946.773.59$203,049
Mar 200961,94442.144.06$251,431
Feb 200959,89132.814.63$277,475
Jan 200973,71835.865.37$395,939
Dec 200881,62137.105.98$487,860
Nov 200887,24555.496.86$598,532
Oct 2008100,63375.246.92$696,580
Sep 2008108,617101.767.88$855,586
Aug 2008132,412114.228.48$1,123,254
Jul 2008173,998131.0811.39$1,981,738
Jun 2008185,333131.3313.03$2,415,376
May 20080123.1711.57$0
Apr 20080110.3110.45$0
Mar 20080101.909.66$0
Feb 2008092.538.77$0
Jan 2008090.388.21$0
Dec 2007088.337.30$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                6,212 Mcf  × $  3.05 =    $18,921

────────────────────────────────────────────────────
Month total                                  $18,921

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/247351 is the state's own key, not one this site invented.