MARTIN

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 247905District 09Field 65280200GasSaveExport
Value, all time
$10.1 M
Dec 2007 – May 2026
Value, last 12 filed months
$23 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
GasProduction1,664,351 Mcf$10,070,150
Total$10,070,150

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 20261,342106.413.05$4,088
Apr 20261,23198.932.87$3,533
Mar 2026089.753.15$0
Feb 2026063.503.75$0
Jan 20261,23259.138.00$9,853
Dec 202540556.664.41$1,787
Nov 2025058.593.93$0
Oct 2025059.383.30$0
Sep 2025062.743.08$0
Aug 2025063.933.01$0
Jul 202538066.743.32$1,260
Jun 202565866.483.13$2,059
May 202584760.553.23$2,738
Apr 202527962.363.54$989
Mar 2025067.704.27$0
Feb 20255870.884.34$252
Jan 202539474.324.28$1,686
Dec 2024068.993.12$0
Nov 2024069.052.20$0
Oct 202446171.372.28$1,052
Sep 202416369.612.36$385
Aug 202425975.632.06$534
Jul 2024079.932.15$0
Jun 202446378.082.63$1,220
May 202494778.812.20$2,082
Apr 202438384.451.66$635
Mar 202496780.301.55$1,494
Feb 20241,12876.091.78$2,012
Jan 20249473.023.30$310
Dec 20231,39371.262.61$3,637
Nov 2023077.892.81$0
Oct 2023085.443.09$0
Sep 2023089.042.74$0
Aug 2023080.522.67$0
Jul 202332974.852.64$869
Jun 2023068.962.26$0
May 2023070.622.23$0
Apr 2023078.122.24$0
Mar 2023072.852.39$0
Feb 202348575.112.47$1,196
Jan 20236176.533.39$207
Dec 202211476.415.73$653
Nov 2022085.005.65$0
Oct 2022087.185.86$0
Sep 202287484.888.16$7,135
Aug 202263994.529.13$5,832
Jul 20221,490101.587.54$11,238
Jun 20222,213115.097.98$17,654
May 20221,871109.378.43$15,778
Apr 20222,268104.226.84$15,508
Mar 20222,050108.885.08$10,407
Feb 202265191.054.86$3,163
Jan 20221,37181.844.54$6,221
Dec 20213,16571.323.90$12,341
Nov 20213,19077.435.24$16,706
Oct 20212,49879.795.71$14,273
Sep 2021069.865.35$0
Aug 2021966.024.22$38
Jul 2021970.783.98$36
Jun 2021969.493.38$30
May 2021963.483.02$27
Apr 202135060.362.76$965
Mar 20214961.302.72$133
Feb 20214457.805.55$244
Jan 20214950.412.81$138
Dec 20204944.642.68$131
Nov 202045438.772.71$1,229
Oct 20201,55436.972.48$3,851
Sep 20201,75737.091.99$3,498
Aug 20201,18439.982.39$2,824
Jul 202071238.371.83$1,299
Jun 20204834.901.69$81
May 20204916.921.81$89
Apr 20204814.751.80$87
Mar 20204930.341.86$91
Feb 20204649.881.98$91
Jan 20201,25457.252.09$2,627
Dec 2019059.012.30$0
Nov 2019055.302.75$0
Oct 201922853.472.42$551
Sep 201928255.052.66$749
Aug 20198753.112.30$200
Jul 20198456.272.46$207
Jun 20198252.782.49$204
May 2019058.482.74$0
Apr 2019062.632.75$0
Mar 201923656.803.06$723
Feb 201926550.852.79$740
Jan 201911046.033.23$355
Dec 20189746.594.19$406
Nov 201814052.934.24$593
Oct 201824961.443.40$846
Sep 201824259.543.11$752
Aug 201829759.403.07$911
Jul 201829465.142.93$862
Jun 201826560.183.08$815
May 20187265.382.90$209
Apr 20189863.842.90$284
Mar 201813961.222.79$387
Feb 201821761.782.77$600
Jan 201819862.874.01$794
Dec 201734357.272.92$1,002
Nov 201729255.423.12$911
Oct 201731949.292.98$952
Sep 201734947.523.09$1,077
Aug 201728145.373.00$844
Jul 201717343.873.09$534
Jun 201726342.493.09$812
May 201728945.373.26$943
Apr 201749947.933.21$1,603
Mar 201797946.772.98$2,921
Feb 20172,25950.452.95$6,670
Jan 20171,86549.413.42$6,376
Dec 20164,61848.763.72$17,192
Nov 20164,42442.492.64$11,699
Oct 20162,40246.193.09$7,423
Sep 201687941.553.10$2,725
Aug 201692041.442.92$2,690
Jul 20166,98341.622.92$20,421
Jun 20167,38345.352.69$19,829
May 20165,06342.521.99$10,081
Apr 20163,25136.561.99$6,473
Mar 20165,54033.011.79$9,939
Feb 20163,85426.472.06$7,953
Jan 20163,04527.352.36$7,199
Dec 20155,34932.362.00$10,706
Nov 201511,29538.792.17$24,480
Oct 20158,00543.552.43$19,425
Sep 20153,40342.992.76$9,387
Aug 20153,41640.162.87$9,812
Jul 201526448.152.95$778
Jun 2015056.152.88$0
May 20151,62755.212.96$4,809
Apr 20156,56649.822.71$17,771
Mar 20155,48942.892.93$16,109
Feb 20151,87144.662.98$5,568
Jan 20155,07043.433.10$15,720
Dec 20148,09254.693.59$29,061
Nov 20146,17270.464.25$26,242
Oct 20143,89678.303.90$15,198
Sep 20146,36886.164.05$25,761
Aug 20141,86389.394.04$7,517
Jul 201424596.564.18$1,024
Jun 201430998.164.74$1,464
May 20146,10694.734.73$28,860
Apr 201410,93995.944.81$52,607
Mar 20146,27795.895.06$31,742
Feb 20144,91297.406.19$30,415
Jan 201411,73990.404.86$57,060
Dec 20137,15991.824.35$31,174
Nov 20136,42488.853.74$24,015
Oct 20139,69997.423.78$36,656
Sep 201311,089104.113.72$41,226
Aug 201313,557104.253.52$47,756
Jul 20137,821102.523.72$29,076
Jun 20138,95694.403.93$35,228
May 201373894.834.15$3,062
Apr 20133,71893.964.28$15,923
Mar 20133,31093.623.91$12,952
Feb 2013091.233.42$0
Jan 2013091.603.42$0
Dec 2012086.773.42$0
Nov 2012086.953.62$0
Oct 201211189.383.40$377
Sep 201230394.672.92$884
Aug 20122,56492.662.91$7,457
Jul 20125,38585.133.02$16,267
Jun 20123,96179.822.52$9,978
May 20127,82891.612.49$19,479
Apr 20129,580101.652.00$19,129
Mar 201213,829105.052.22$30,729
Feb 201217,424101.102.57$44,784
Jan 201218,13798.092.73$49,588
Dec 201135,31696.873.24$114,415
Nov 201116,22695.723.31$53,729
Oct 20114,93184.983.65$17,991
Sep 20114,90283.623.99$19,538
Aug 201114,78483.404.15$61,344
Jul 201114,86094.144.52$67,126
Jun 2011092.904.64$0
May 20118,00598.134.40$35,261
Apr 2011160105.964.33$693
Mar 20119,92496.364.06$40,265
Feb 201112,05985.644.18$50,406
Jan 201118,56686.504.59$85,195
Dec 20106,74585.734.35$29,326
Nov 201013,92480.843.80$52,846
Oct 20107,91778.103.51$27,780
Sep 20103,31572.633.98$13,192
Aug 201051473.684.42$2,272
Jul 2010072.554.74$0
Jun 20106,57770.364.91$32,296
May 201016771.124.24$707
Apr 2010081.694.12$0
Mar 20109,03478.394.39$39,647
Feb 201017,78473.585.44$96,787
Jan 201017,04174.365.96$101,634
Dec 200915,08471.445.48$82,717
Nov 200919,97774.593.75$74,944
Oct 200922,81472.544.11$93,771
Sep 200917,68665.543.06$54,203
Aug 200920,79867.423.22$66,938
Jul 200936,06461.133.46$124,944
Jun 200915,14666.163.90$58,994
May 200936,30854.743.93$142,536
Apr 200945,43646.773.59$163,002
Mar 200950,09842.144.06$203,348
Feb 200947,96432.814.63$222,217
Jan 200964,46535.865.37$346,242
Dec 200877,15837.105.98$461,184
Nov 200877,42755.496.86$531,177
Oct 2008105,95775.246.92$733,432
Sep 200865,176101.767.88$513,397
Aug 200883,867114.228.48$711,445
Jul 2008114,991131.0811.39$1,309,682
Jun 2008150,278131.3313.03$1,958,518
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                1,342 Mcf  × $  3.05 =     $4,088

────────────────────────────────────────────────────
Month total                                   $4,088

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/247905 is the state's own key, not one this site invented.