LILLY

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 248757District 09Field 65280200CondensateGasSaveExport
Value, all time
$5.8 M
Sep 2008 – May 2026
Value, last 12 filed months
$141 k
at the published price for each month
Months reported
213
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
CondensateDisposition62 bbl$3,837
GasProduction1,424,924 Mcf$5,805,747
Total$5,809,584

Every month this lease reported (213)

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

213 months

May 202603,016106.413.05$9,186
Apr 202602,92298.932.87$8,385
Mar 202603,09689.753.15$9,751
Feb 202602,84863.503.75$10,681
Jan 202603,20259.138.00$25,609
Dec 202503,31856.664.41$14,644
Nov 202503,24858.593.93$12,753
Oct 202503,50059.383.30$11,567
Sep 202502,93262.743.08$9,022
Aug 202503,00163.933.01$9,047
Jul 202503,35366.743.32$11,116
Jun 202502,93366.483.13$9,177
May 202503,16460.553.23$10,227
Apr 202502,77462.363.54$9,829
Mar 202502,54767.704.27$10,871
Feb 202502,21370.884.34$9,606
Jan 202502,79574.324.28$11,959
Dec 202403,36368.993.12$10,497
Nov 202403,29369.052.20$7,239
Oct 202403,58071.372.28$8,167
Sep 202403,37169.612.36$7,970
Aug 202403,30375.632.06$6,816
Jul 202402,72879.932.15$5,856
Jun 202402,68678.082.63$7,075
May 202402,80878.812.20$6,173
Apr 202402,76784.451.66$4,591
Mar 202403,25980.301.55$5,036
Feb 202402,81576.091.78$5,021
Jan 202402,73173.023.30$9,006
Dec 202302,69271.262.61$7,028
Nov 202302,55777.892.81$7,179
Oct 202302,68285.443.09$8,280
Sep 202302,73789.042.74$7,486
Aug 202303,02080.522.67$8,072
Jul 202303,12274.852.64$8,248
Jun 202303,01068.962.26$6,798
May 202302,97370.622.23$6,622
Apr 202302,82878.122.24$6,328
Mar 202302,90372.852.39$6,947
Feb 202302,65275.112.47$6,539
Jan 202303,13576.533.39$10,621
Dec 202202,80776.415.73$16,082
Nov 202202,89385.005.65$16,334
Oct 202202,96887.185.86$17,404
Sep 202203,09584.888.16$25,267
Aug 202202,87394.529.13$26,222
Jul 202202,811101.587.54$21,201
Jun 202202,649115.097.98$21,132
May 202202,789109.378.43$23,520
Apr 202202,721104.226.84$18,605
Mar 202202,835108.885.08$14,392
Feb 202202,54391.054.86$12,356
Jan 202202,83681.844.54$12,869
Dec 202102,85171.323.90$11,116
Nov 202102,79177.435.24$14,616
Oct 202102,87379.795.71$16,416
Sep 202102,67869.865.35$14,330
Aug 202102,84666.024.22$12,012
Jul 202102,87070.783.98$11,429
Jun 202102,84569.493.38$9,618
May 202102,97663.483.02$8,981
Apr 202102,90060.362.76$7,999
Mar 202102,80761.302.72$7,626
Feb 202102,40257.805.55$13,326
Jan 202102,93350.412.81$8,243
Dec 202003,02344.642.68$8,088
Nov 202002,96638.772.71$8,028
Oct 202003,10736.972.48$7,700
Sep 202003,00937.091.99$5,991
Aug 202003,10539.982.39$7,406
Jul 202003,08538.371.83$5,631
Jun 202002,93634.901.69$4,963
May 202003,03816.921.81$5,513
Apr 202003,02514.751.80$5,458
Mar 202003,53230.341.86$6,556
Feb 202003,43149.881.98$6,796
Jan 202003,74457.252.09$7,843
Dec 201903,85759.012.30$8,888
Nov 201903,80555.302.75$10,466
Oct 201904,32053.472.42$10,448
Sep 201904,80555.052.66$12,768
Aug 201902,42853.112.30$5,595
Jul 20190056.272.46$0
Jun 20190052.782.49$0
May 201902058.482.74$55
Apr 201901,27062.632.75$3,493
Mar 201904,23456.803.06$12,965
Feb 201903,69550.852.79$10,317
Jan 201904,15246.033.23$13,403
Dec 201804,17746.594.19$17,483
Nov 201804,07552.934.24$17,267
Oct 201804,25161.443.40$14,445
Sep 201804,26059.543.11$13,240
Aug 201804,30259.403.07$13,192
Jul 201804,16565.142.93$12,211
Jun 201804,25960.183.08$13,105
May 201804,68265.382.90$13,582
Apr 201804,47863.842.90$12,990
Mar 201804,78561.222.79$13,335
Feb 201804,26461.782.77$11,795
Jan 201804,84562.874.01$19,425
Dec 201704,67257.272.92$13,649
Nov 201704,41255.423.12$13,758
Oct 201704,66349.292.98$13,913
Sep 201704,41747.523.09$13,637
Aug 201704,67645.373.00$14,049
Jul 201704,69243.873.09$14,486
Jun 201704,65342.493.09$14,365
May 201704,76245.373.26$15,540
Apr 201704,63447.933.21$14,883
Mar 201704,82746.772.98$14,402
Feb 201704,40850.452.95$13,015
Jan 2017314,90949.413.42$18,315
Dec 201604,91748.763.72$18,305
Nov 201604,49942.492.64$11,897
Oct 201604,94746.193.09$15,288
Sep 201604,81141.553.10$14,917
Aug 201605,03341.442.92$14,718
Jul 201605,10441.622.92$14,926
Jun 201605,04545.352.69$13,550
May 201605,27642.521.99$10,505
Apr 201605,04636.561.99$10,047
Mar 201605,27333.011.79$9,460
Feb 201604,97026.472.06$10,256
Jan 201605,27927.352.36$12,481
Dec 201505,37432.362.00$10,756
Nov 201505,25638.792.17$11,391
Oct 201505,48343.552.43$13,305
Sep 201505,29642.992.76$14,609
Aug 201505,40840.162.87$15,534
Jul 201505,41348.152.95$15,942
Jun 201505,28656.152.88$15,239
May 201505,46055.212.96$16,137
Apr 201505,18749.822.71$14,039
Mar 201505,61342.892.93$16,473
Feb 201505,08644.662.98$15,137
Jan 201505,70543.433.10$17,689
Dec 201405,80454.693.59$20,844
Nov 201405,63670.464.25$23,963
Oct 201405,86878.303.90$22,891
Sep 201405,78986.164.05$23,419
Aug 201406,01089.394.04$24,251
Jul 201406,11496.564.18$25,554
Jun 201406,02098.164.74$28,516
May 201406,19094.734.73$29,257
Apr 201405,94095.944.81$28,566
Mar 201406,13695.895.06$31,029
Feb 201405,60297.406.19$34,688
Jan 201406,40990.404.86$31,152
Dec 201306,55591.824.35$28,544
Nov 201306,40988.853.74$23,959
Oct 201306,47597.423.78$24,471
Sep 201306,386104.113.72$23,741
Aug 201306,295104.253.52$22,175
Jul 201306,850102.523.72$25,467
Jun 201306,81194.403.93$26,790
May 201307,03294.834.15$29,176
Apr 201306,87193.964.28$29,426
Mar 201307,03893.623.91$27,539
Feb 201306,43591.233.42$22,007
Jan 201308,01691.603.42$27,414
Dec 201207,34186.773.42$25,107
Nov 201207,24386.953.62$26,256
Oct 201207,32589.383.40$24,903
Sep 201204,21594.672.92$12,301
Aug 201208,25892.662.91$24,016
Jul 201208,26585.133.02$24,967
Jun 201207,88179.822.52$19,853
May 201208,28491.612.49$20,613
Apr 201208,076101.652.00$16,126
Mar 201208,437105.052.22$18,748
Feb 201207,141101.102.57$18,354
Jan 201207,48598.092.73$20,465
Dec 201108,62996.873.24$27,956
Nov 201108,88295.723.31$29,411
Oct 201109,51684.983.65$34,720
Sep 201109,26983.623.99$36,944
Aug 201109,80383.404.15$40,676
Jul 201109,66994.144.52$43,677
Jun 201109,70292.904.64$45,016
May 2011010,47898.134.40$46,154
Apr 2011010,281105.964.33$44,550
Mar 2011011,84596.364.06$48,059
Feb 201109,11085.644.18$38,080
Jan 2011011,72086.504.59$53,781
Dec 2010010,38085.734.35$45,130
Nov 201009,49180.843.80$36,021
Oct 2010010,75078.103.51$37,721
Sep 2010011,70372.633.98$46,572
Aug 2010013,20673.684.42$58,362
Jul 2010015,29272.554.74$72,430
Jun 2010013,77470.364.91$67,636
May 2010013,91371.124.24$58,925
Apr 2010013,53181.694.12$55,784
Mar 2010014,21578.394.39$62,385
Feb 2010013,41973.585.44$73,031
Jan 20103115,17974.365.96$92,834
Dec 2009016,02771.445.48$87,888
Nov 2009016,21174.593.75$60,816
Oct 2009016,87872.544.11$69,373
Sep 2009016,26065.543.06$49,833
Aug 2009018,23467.423.22$58,686
Jul 2009024,67461.133.46$85,483
Jun 2009026,51966.163.90$103,292
May 2009026,55354.743.93$104,240
Apr 2009021,27346.773.59$76,317
Mar 2009023,96142.144.06$97,258
Feb 2009022,44332.814.63$103,978
Jan 2009028,18335.865.37$151,371
Dec 2008032,58637.105.98$194,771
Nov 2008035,33755.496.86$242,425
Oct 2008047,09375.246.92$325,977
Sep 2008043,202101.767.88$340,306

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                3,016 Mcf  × $  3.05 =     $9,186

────────────────────────────────────────────────────
Month total                                   $9,186

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/248757 is the state's own key, not one this site invented.