THELMA LOUISE

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 248802District 09Field 65280200CondensateGasSaveExport
Value, all time
$2.3 M
Nov 2008 – May 2026
Value, last 12 filed months
$11 k
at the published price for each month
Months reported
211
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
CondensateDisposition9 bbl$530
GasProduction532,342 Mcf$2,311,885
Total$2,312,416

Every month this lease reported (211)

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

211 months

May 20260277106.413.05$844
Apr 2026031098.932.87$890
Mar 2026020989.753.15$658
Feb 2026032963.503.75$1,234
Jan 2026046659.138.00$3,727
Dec 2025137456.664.41$1,707
Nov 2025224358.593.93$1,071
Oct 2025215559.383.30$631
Sep 202539962.743.08$493
Aug 20250063.933.01$0
Jul 20250066.743.32$0
Jun 20250066.483.13$0
May 20250360.553.23$10
Apr 20250062.363.54$0
Mar 20250067.704.27$0
Feb 20250470.884.34$17
Jan 2025013374.324.28$569
Dec 202409768.993.12$303
Nov 202407969.052.20$174
Oct 202404571.372.28$103
Sep 202407469.612.36$175
Aug 2024015475.632.06$318
Jul 2024021679.932.15$464
Jun 2024021878.082.63$574
May 2024022078.812.20$484
Apr 2024019684.451.66$325
Mar 2024021680.301.55$334
Feb 2024022176.091.78$394
Jan 2024022273.023.30$732
Dec 2023017371.262.61$452
Nov 2023025477.892.81$713
Oct 2023015585.443.09$479
Sep 2023021489.042.74$585
Aug 2023011280.522.67$299
Jul 2023025774.852.64$679
Jun 2023024568.962.26$553
May 2023022170.622.23$492
Apr 2023018978.122.24$423
Mar 2023018372.852.39$438
Feb 2023016375.112.47$402
Jan 2023028376.533.39$959
Dec 2022053276.415.73$3,048
Nov 2022049285.005.65$2,778
Oct 2022051187.185.86$2,996
Sep 2022060584.888.16$4,939
Aug 2022059494.529.13$5,422
Jul 20220568101.587.54$4,284
Jun 20220472115.097.98$3,765
May 20220447109.378.43$3,770
Apr 20220341104.226.84$2,332
Mar 20220309108.885.08$1,569
Feb 2022013791.054.86$666
Jan 2022030381.844.54$1,375
Dec 2021025171.323.90$979
Nov 2021013777.435.24$717
Oct 20210079.795.71$0
Sep 20210069.865.35$0
Aug 2021041266.024.22$1,739
Jul 2021058070.783.98$2,310
Jun 2021072769.493.38$2,458
May 2021065963.483.02$1,989
Apr 2021054260.362.76$1,495
Mar 2021027661.302.72$750
Feb 2021019757.805.55$1,093
Jan 2021055250.412.81$1,551
Dec 2020078644.642.68$2,103
Nov 2020069838.772.71$1,889
Oct 2020035336.972.48$875
Sep 2020089537.091.99$1,782
Aug 2020098639.982.39$2,352
Jul 2020091938.371.83$1,677
Jun 202001,10334.901.69$1,864
May 202001,05916.921.81$1,922
Apr 2020098414.751.80$1,776
Mar 2020073030.341.86$1,355
Feb 20200049.881.98$0
Jan 20200057.252.09$0
Dec 20190059.012.30$0
Nov 20190055.302.75$0
Oct 20190053.472.42$0
Sep 20190055.052.66$0
Aug 20190053.112.30$0
Jul 20190056.272.46$0
Jun 20190052.782.49$0
May 20190058.482.74$0
Apr 20190062.632.75$0
Mar 20190056.803.06$0
Feb 20190050.852.79$0
Jan 20190046.033.23$0
Dec 20180046.594.19$0
Nov 20180052.934.24$0
Oct 20180061.443.40$0
Sep 20180059.543.11$0
Aug 20180059.403.07$0
Jul 20180065.142.93$0
Jun 20180060.183.08$0
May 20180065.382.90$0
Apr 20180063.842.90$0
Mar 20180061.222.79$0
Feb 20180061.782.77$0
Jan 20180062.874.01$0
Dec 20170057.272.92$0
Nov 20170055.423.12$0
Oct 20170049.292.98$0
Sep 20170047.523.09$0
Aug 20170045.373.00$0
Jul 2017028143.873.09$868
Jun 2017060642.493.09$1,871
May 2017022545.373.26$734
Apr 20170047.933.21$0
Mar 20170046.772.98$0
Feb 20170050.452.95$0
Jan 201713049.413.42$152
Dec 20160048.763.72$0
Nov 20160142.492.64$3
Oct 20160046.193.09$0
Sep 20160041.553.10$0
Aug 20160041.442.92$0
Jul 20160041.622.92$0
Jun 20160045.352.69$0
May 201601142.521.99$22
Apr 20160036.561.99$0
Mar 20160033.011.79$0
Feb 20160026.472.06$0
Jan 2016088827.352.36$2,100
Dec 201506132.362.00$122
Nov 20150038.792.17$0
Oct 201501,62343.552.43$3,938
Sep 201501,46242.992.76$4,033
Aug 201501,71240.162.87$4,918
Jul 201501,05848.152.95$3,116
Jun 201509856.152.88$283
May 201502,47255.212.96$7,306
Apr 201502,13849.822.71$5,787
Mar 201502,18942.892.93$6,424
Feb 201502,50544.662.98$7,455
Jan 201502,71143.433.10$8,406
Dec 201402,57454.693.59$9,244
Nov 201401,91270.464.25$8,130
Oct 201403,26278.303.90$12,725
Sep 201402,85786.164.05$11,558
Aug 201401,49989.394.04$6,049
Jul 2014034796.564.18$1,450
Jun 201401,35998.164.74$6,437
May 201403,03094.734.73$14,321
Apr 201403,20995.944.81$15,432
Mar 201403,50295.895.06$17,709
Feb 201403,25897.406.19$20,174
Jan 201403,64890.404.86$17,732
Dec 201303,61591.824.35$15,741
Nov 201303,49088.853.74$13,047
Oct 201304,23297.423.78$15,994
Sep 201304,586104.113.72$17,050
Aug 201304,741104.253.52$16,701
Jul 201304,668102.523.72$17,354
Jun 201304,06894.403.93$16,001
May 201303,91894.834.15$16,256
Apr 201304,48193.964.28$19,190
Mar 201304,90093.623.91$19,173
Feb 201302,84091.233.42$9,713
Jan 20130091.603.42$0
Dec 20120386.773.42$10
Nov 20120086.953.62$0
Oct 20120089.383.40$0
Sep 20120094.672.92$0
Aug 20120092.662.91$0
Jul 20120085.133.02$0
Jun 20120079.822.52$0
May 20120091.612.49$0
Apr 201200101.652.00$0
Mar 20120803105.052.22$1,784
Feb 201205,578101.102.57$14,337
Jan 201206,28698.092.73$17,186
Dec 201106,34096.873.24$20,540
Nov 201106,01295.723.31$19,907
Oct 201106,71084.983.65$24,482
Sep 201106,76783.623.99$26,972
Aug 201107,17683.404.15$29,776
Jul 201107,50494.144.52$33,897
Jun 201107,38592.904.64$34,266
May 201107,77098.134.40$34,225
Apr 201106,006105.964.33$26,026
Mar 201105,67396.364.06$23,017
Feb 201103,28785.644.18$13,740
Jan 2011030686.504.59$1,404
Dec 20100085.734.35$0
Nov 201001,04080.843.80$3,947
Oct 201008,00778.103.51$28,096
Sep 201005,57172.633.98$22,170
Aug 201007,12773.684.42$31,497
Jul 201008,13072.554.74$38,508
Jun 201004,65070.364.91$22,833
May 201008,99471.124.24$38,092
Apr 201008,70081.694.12$35,867
Mar 201008,43778.394.39$37,027
Feb 201003,17073.585.44$17,252
Jan 20100074.365.96$0
Dec 200902,16671.445.48$11,878
Nov 2009013,93074.593.75$52,258
Oct 2009010,08072.544.11$41,431
Sep 2009015,81565.543.06$48,469
Aug 200908,49967.423.22$27,354
Jul 200909,96161.133.46$34,510
Jun 2009018,04266.163.90$70,274
May 2009018,02254.743.93$70,750
Apr 2009018,70046.773.59$67,086
Mar 2009022,48842.144.06$91,279
Feb 2009021,86532.814.63$101,301
Jan 2009030,41935.865.37$163,380
Dec 2008041,88137.105.98$250,329
Nov 2008031,80955.496.86$218,221

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                  277 Mcf  × $  3.05 =       $844

────────────────────────────────────────────────────
Month total                                     $844

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/248802 is the state's own key, not one this site invented.