FERGUSON FOUNDATION

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 248787District 09Field 65280200GasSaveExport
Value, all time
$3.3 M
Sep 2008 – May 2026
Value, last 12 filed months
$1 k
at the published price for each month
Months reported
213
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
GasProduction781,100 Mcf$3,338,367
Total$3,338,367

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 20260106.413.05$0
Apr 2026098.932.87$0
Mar 2026089.753.15$0
Feb 2026063.503.75$0
Jan 202614059.138.00$1,120
Dec 2025056.664.41$0
Nov 2025058.593.93$0
Oct 2025059.383.30$0
Sep 2025062.743.08$0
Aug 2025063.933.01$0
Jul 2025066.743.32$0
Jun 2025066.483.13$0
May 2025060.553.23$0
Apr 2025062.363.54$0
Mar 2025067.704.27$0
Feb 2025070.884.34$0
Jan 2025074.324.28$0
Dec 2024068.993.12$0
Nov 2024069.052.20$0
Oct 2024071.372.28$0
Sep 2024069.612.36$0
Aug 2024075.632.06$0
Jul 2024079.932.15$0
Jun 2024078.082.63$0
May 2024078.812.20$0
Apr 2024084.451.66$0
Mar 2024080.301.55$0
Feb 2024076.091.78$0
Jan 2024073.023.30$0
Dec 2023071.262.61$0
Nov 2023077.892.81$0
Oct 2023085.443.09$0
Sep 2023089.042.74$0
Aug 2023080.522.67$0
Jul 2023074.852.64$0
Jun 2023068.962.26$0
May 2023070.622.23$0
Apr 2023078.122.24$0
Mar 2023072.852.39$0
Feb 2023075.112.47$0
Jan 2023076.533.39$0
Dec 2022076.415.73$0
Nov 2022085.005.65$0
Oct 2022087.185.86$0
Sep 2022084.888.16$0
Aug 2022094.529.13$0
Jul 20220101.587.54$0
Jun 20220115.097.98$0
May 20220109.378.43$0
Apr 20220104.226.84$0
Mar 20220108.885.08$0
Feb 2022091.054.86$0
Jan 2022081.844.54$0
Dec 2021071.323.90$0
Nov 2021077.435.24$0
Oct 2021079.795.71$0
Sep 2021069.865.35$0
Aug 2021066.024.22$0
Jul 2021070.783.98$0
Jun 2021069.493.38$0
May 2021063.483.02$0
Apr 2021060.362.76$0
Mar 2021061.302.72$0
Feb 2021057.805.55$0
Jan 2021050.412.81$0
Dec 2020044.642.68$0
Nov 2020038.772.71$0
Oct 2020036.972.48$0
Sep 2020037.091.99$0
Aug 2020039.982.39$0
Jul 2020038.371.83$0
Jun 2020034.901.69$0
May 2020016.921.81$0
Apr 2020014.751.80$0
Mar 2020030.341.86$0
Feb 2020049.881.98$0
Jan 2020057.252.09$0
Dec 2019059.012.30$0
Nov 2019055.302.75$0
Oct 2019053.472.42$0
Sep 2019055.052.66$0
Aug 2019053.112.30$0
Jul 2019056.272.46$0
Jun 2019052.782.49$0
May 2019158.482.74$3
Apr 2019162.632.75$3
Mar 2019156.803.06$3
Feb 2019050.852.79$0
Jan 2019046.033.23$0
Dec 2018046.594.19$0
Nov 2018052.934.24$0
Oct 2018261.443.40$7
Sep 2018459.543.11$12
Aug 2018259.403.07$6
Jul 2018065.142.93$0
Jun 2018060.183.08$0
May 2018065.382.90$0
Apr 2018063.842.90$0
Mar 2018061.222.79$0
Feb 2018061.782.77$0
Jan 2018062.874.01$0
Dec 2017057.272.92$0
Nov 2017055.423.12$0
Oct 2017049.292.98$0
Sep 2017047.523.09$0
Aug 2017045.373.00$0
Jul 2017043.873.09$0
Jun 2017042.493.09$0
May 2017045.373.26$0
Apr 2017047.933.21$0
Mar 2017046.772.98$0
Feb 2017050.452.95$0
Jan 2017049.413.42$0
Dec 201690748.763.72$3,377
Nov 20162,60642.492.64$6,891
Oct 20163,25746.193.09$10,065
Sep 20163,26241.553.10$10,114
Aug 20163,42441.442.92$10,013
Jul 20163,22041.622.92$9,416
Jun 20163,10345.352.69$8,334
May 20162,69242.521.99$5,360
Apr 20163,43936.561.99$6,847
Mar 20162,97033.011.79$5,328
Feb 20162,95526.472.06$6,098
Jan 20162,81427.352.36$6,653
Dec 20151,95032.362.00$3,903
Nov 20152,68638.792.17$5,821
Oct 20153,14343.552.43$7,627
Sep 20153,12042.992.76$8,606
Aug 20153,63940.162.87$10,453
Jul 20153,59548.152.95$10,588
Jun 20154,02256.152.88$11,595
May 20154,49455.212.96$13,282
Apr 20154,20049.822.71$11,368
Mar 20154,37342.892.93$12,833
Feb 20153,38844.662.98$10,083
Jan 20154,05043.433.10$12,558
Dec 20144,28954.693.59$15,403
Nov 20143,67570.464.25$15,626
Oct 20143,86178.303.90$15,062
Sep 20142,83286.164.05$11,457
Aug 20144,30189.394.04$17,355
Jul 20144,62496.564.18$19,326
Jun 20144,86598.164.74$23,045
May 20145,22894.734.73$24,710
Apr 20144,42995.944.81$21,300
Mar 20144,07595.895.06$20,606
Feb 20143,65997.406.19$22,657
Jan 20144,08390.404.86$19,846
Dec 20134,80091.824.35$20,902
Nov 20135,08988.853.74$19,024
Oct 20135,30597.423.78$20,050
Sep 20135,090104.113.72$18,923
Aug 20135,432104.253.52$19,135
Jul 20135,556102.523.72$20,656
Jun 20135,15394.403.93$20,269
May 20134,97694.834.15$20,646
Apr 20135,50793.964.28$23,584
Mar 20136,06593.623.91$23,732
Feb 20135,46491.233.42$18,686
Jan 20136,08991.603.42$20,824
Dec 20125,36186.773.42$18,335
Nov 20123,70886.953.62$13,441
Oct 20123,75789.383.40$12,773
Sep 20124,04394.672.92$11,799
Aug 20124,73392.662.91$13,764
Jul 20125,34785.133.02$16,152
Jun 20126,53279.822.52$16,454
May 20126,16191.612.49$15,331
Apr 20125,088101.652.00$10,160
Mar 20125,820105.052.22$12,933
Feb 20125,579101.102.57$14,339
Jan 20126,00498.092.73$16,415
Dec 20116,52596.873.24$21,139
Nov 20116,71995.723.31$22,248
Oct 20117,80184.983.65$28,462
Sep 20117,78783.623.99$31,037
Aug 20118,26483.404.15$34,290
Jul 20118,43094.144.52$38,080
Jun 20118,34392.904.64$38,711
May 20118,77998.134.40$38,670
Apr 20118,451105.964.33$36,621
Mar 20119,04496.364.06$36,695
Feb 20117,99985.644.18$33,436
Jan 20119,56586.504.59$43,892
Dec 20109,60085.734.35$41,738
Nov 20108,80280.843.80$33,406
Oct 201010,04578.103.51$35,247
Sep 201010,11872.633.98$40,264
Aug 201010,81973.684.42$47,813
Jul 201011,62272.554.74$55,047
Jun 201011,19970.364.91$54,992
May 201011,55971.124.24$48,955
Apr 2010081.694.12$0
Mar 201013,84378.394.39$60,752
Feb 201014,71673.585.44$80,090
Jan 201017,22374.365.96$102,720
Dec 200913,97971.445.48$76,657
Nov 200913,31574.593.75$49,951
Oct 200914,68572.544.11$60,359
Sep 200915,57665.543.06$47,737
Aug 200917,11067.423.22$55,069
Jul 200919,12561.133.46$66,259
Jun 200914,59366.163.90$56,840
May 200917,82554.743.93$69,976
Apr 200918,41246.773.59$66,053
Mar 200921,31042.144.06$86,497
Feb 200914,60232.814.63$67,651
Jan 200916,41035.865.37$88,138
Dec 200825,67837.105.98$153,481
Nov 200831,56055.496.86$216,513
Oct 200841,47675.246.92$287,096
Sep 20084,151101.767.88$32,698

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.

Jan 2026 — as filed, then multipliedworked
Gas                  140 Mcf  × $  8.00 =     $1,120

────────────────────────────────────────────────────
Month total                                   $1,120

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/248787 is the state's own key, not one this site invented.