LEONARD

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 249535District 09Field 65280200CondensateGasSaveExport
Value, all time
$3.8 M
Oct 2008 – May 2026
Value, last 12 filed months
$0
at the published price for each month
Months reported
212
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
CondensateDisposition2 bbl$96
GasProduction1,004,184 Mcf$3,827,133
Total$3,827,229

Every month this lease reported (212)

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

212 months

May 202600106.413.05$0
Apr 20260098.932.87$0
Mar 20260089.753.15$0
Feb 20260063.503.75$0
Jan 20260059.138.00$0
Dec 20250056.664.41$0
Nov 20250058.593.93$0
Oct 20250059.383.30$0
Sep 20250062.743.08$0
Aug 20250063.933.01$0
Jul 20250066.743.32$0
Jun 20250066.483.13$0
May 20250060.553.23$0
Apr 20250062.363.54$0
Mar 20250067.704.27$0
Feb 20250070.884.34$0
Jan 20250074.324.28$0
Dec 20240068.993.12$0
Nov 20240069.052.20$0
Oct 20240071.372.28$0
Sep 20240069.612.36$0
Aug 20240075.632.06$0
Jul 20240079.932.15$0
Jun 20240078.082.63$0
May 20240078.812.20$0
Apr 20240084.451.66$0
Mar 20240080.301.55$0
Feb 20240076.091.78$0
Jan 20240073.023.30$0
Dec 20230071.262.61$0
Nov 20230077.892.81$0
Oct 20230085.443.09$0
Sep 20230089.042.74$0
Aug 20230080.522.67$0
Jul 20230074.852.64$0
Jun 20230068.962.26$0
May 20230070.622.23$0
Apr 20230078.122.24$0
Mar 20230072.852.39$0
Feb 20230075.112.47$0
Jan 20230076.533.39$0
Dec 20220076.415.73$0
Nov 20220085.005.65$0
Oct 20220087.185.86$0
Sep 20220084.888.16$0
Aug 20220094.529.13$0
Jul 202200101.587.54$0
Jun 202200115.097.98$0
May 202200109.378.43$0
Apr 202200104.226.84$0
Mar 202200108.885.08$0
Feb 20220091.054.86$0
Jan 20220081.844.54$0
Dec 20210071.323.90$0
Nov 20210077.435.24$0
Oct 20210079.795.71$0
Sep 20210069.865.35$0
Aug 20210066.024.22$0
Jul 20210070.783.98$0
Jun 20210069.493.38$0
May 20210063.483.02$0
Apr 20210060.362.76$0
Mar 20210061.302.72$0
Feb 20210057.805.55$0
Jan 20210050.412.81$0
Dec 20200044.642.68$0
Nov 20200038.772.71$0
Oct 20200036.972.48$0
Sep 20200037.091.99$0
Aug 2020025339.982.39$603
Jul 202001,69838.371.83$3,099
Jun 202003,32934.901.69$5,627
May 202003,65816.921.81$6,638
Apr 202003,71614.751.80$6,705
Mar 202003,92830.341.86$7,291
Feb 202003,83549.881.98$7,596
Jan 202003,62857.252.09$7,600
Dec 201904,59259.012.30$10,582
Nov 201904,66855.302.75$12,840
Oct 201904,57353.472.42$11,060
Sep 201904,52055.052.66$12,011
Aug 201904,63153.112.30$10,671
Jul 201904,61056.272.46$11,341
Jun 201904,62252.782.49$11,514
May 201903,87058.482.74$10,605
Apr 201904,32962.632.75$11,908
Mar 201904,08556.803.06$12,509
Feb 201901,44650.852.79$4,038
Jan 201901,82146.033.23$5,879
Dec 201802,23346.594.19$9,346
Nov 201803,52352.934.24$14,928
Oct 201802,95961.443.40$10,055
Sep 201803,93959.543.11$12,242
Aug 201804,38459.403.07$13,444
Jul 201804,54465.142.93$13,322
Jun 201803,93660.183.08$12,111
May 201804,27165.382.90$12,389
Apr 201804,16863.842.90$12,091
Mar 201804,45961.222.79$12,427
Feb 201803,99761.782.77$11,056
Jan 201804,66162.874.01$18,687
Dec 201704,89757.272.92$14,307
Nov 201704,83955.423.12$15,090
Oct 201705,05049.292.98$15,068
Sep 201705,13347.523.09$15,847
Aug 201705,36345.373.00$16,113
Jul 201705,53043.873.09$17,073
Jun 201705,13542.493.09$15,853
May 201705,46845.373.26$17,844
Apr 201705,34247.933.21$17,156
Mar 201715,50946.772.98$16,484
Feb 201704,92350.452.95$14,536
Jan 201715,52049.413.42$18,921
Dec 201605,22348.763.72$19,444
Nov 201604,94942.492.64$13,087
Oct 201605,06846.193.09$15,661
Sep 201604,77441.553.10$14,802
Aug 201605,33341.442.92$15,596
Jul 201605,52941.622.92$16,169
Jun 201604,88345.352.69$13,115
May 201604,93742.521.99$9,830
Apr 201605,01536.561.99$9,985
Mar 201605,50333.011.79$9,872
Feb 201605,00126.472.06$10,320
Jan 201605,71827.352.36$13,519
Dec 201506,39832.362.00$12,805
Nov 201505,77838.792.17$12,523
Oct 201505,69343.552.43$13,815
Sep 201505,64442.992.76$15,569
Aug 201505,55340.162.87$15,951
Jul 201505,40248.152.95$15,909
Jun 201505,81256.152.88$16,755
May 201506,17655.212.96$18,253
Apr 201505,50549.822.71$14,900
Mar 201505,56342.892.93$16,326
Feb 201505,36244.662.98$15,958
Jan 201506,73843.433.10$20,892
Dec 201406,11054.693.59$21,943
Nov 201405,29270.464.25$22,501
Oct 201406,02878.303.90$23,515
Sep 201405,63486.164.05$22,792
Aug 201406,45789.394.04$26,055
Jul 201407,31096.564.18$30,553
Jun 201407,23798.164.74$34,281
May 201406,51394.734.73$30,784
Apr 201404,66195.944.81$22,415
Mar 201404,16495.895.06$21,057
Feb 201406,44097.406.19$39,876
Jan 201405,58590.404.86$27,147
Dec 201306,37891.824.35$27,773
Nov 201305,64188.853.74$21,088
Oct 201306,41097.423.78$24,226
Sep 201305,665104.113.72$21,061
Aug 201306,150104.253.52$21,664
Jul 201307,632102.523.72$28,374
Jun 201307,16394.403.93$28,175
May 201305,76494.834.15$23,915
Apr 201305,89393.964.28$25,237
Mar 201305,77793.623.91$22,605
Feb 201305,56091.233.42$19,015
Jan 201306,32391.603.42$21,624
Dec 201206,21686.773.42$21,260
Nov 201206,02086.953.62$21,822
Oct 201206,32189.383.40$21,489
Sep 201206,62794.672.92$19,340
Aug 201206,14392.662.91$17,865
Jul 201206,02585.133.02$18,200
Jun 201205,97379.822.52$15,046
May 201206,10791.612.49$15,196
Apr 201205,926101.652.00$11,833
Mar 201206,249105.052.22$13,886
Feb 201206,115101.102.57$15,717
Jan 201206,68398.092.73$18,272
Dec 201106,75296.873.24$21,875
Nov 201106,67295.723.31$22,093
Oct 201106,90584.983.65$25,193
Sep 201106,59083.623.99$26,266
Aug 201107,05283.404.15$29,261
Jul 201107,21894.144.52$32,605
Jun 201107,18492.904.64$33,333
May 201107,64998.134.40$33,692
Apr 201107,575105.964.33$32,825
Mar 201108,08296.364.06$32,791
Feb 201107,43485.644.18$31,074
Jan 201108,27386.504.59$37,963
Dec 201009,00485.734.35$39,147
Nov 201008,99280.843.80$34,128
Oct 201009,19778.103.51$32,271
Sep 201009,97672.633.98$39,699
Aug 2010010,47973.684.42$46,310
Jul 2010010,38372.554.74$49,179
Jun 2010010,13070.364.91$49,742
May 2010010,90771.124.24$46,194
Apr 20100081.694.12$0
Mar 2010012,16178.394.39$53,371
Feb 2010010,52373.585.44$57,270
Jan 2010010,94074.365.96$65,247
Dec 2009011,99271.445.48$65,761
Nov 2009012,06474.593.75$45,258
Oct 2009013,69872.544.11$56,302
Sep 2009014,47565.543.06$44,362
Aug 2009016,11367.423.22$51,860
Jul 2009017,05361.133.46$59,080
Jun 2009018,91266.163.90$73,662
May 2009017,80854.743.93$69,910
Apr 2009017,72746.773.59$63,596
Mar 2009018,72842.144.06$76,017
Feb 2009020,31632.814.63$94,124
Jan 2009025,06335.865.37$134,613
Dec 2008025,70537.105.98$153,642
Nov 2008035,72755.496.86$245,100
Oct 200805,38175.246.92$37,247

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.

Aug 2020 — as filed, then multipliedworked
Condensate             0 bbl  × $ 39.98 =         $0
Gas                  253 Mcf  × $  2.39 =       $603

────────────────────────────────────────────────────
Month total                                     $603

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/249535 is the state's own key, not one this site invented.