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 249607District 09Field 65280200CondensateGasSaveExport
Value, all time
$5.2 M
Dec 2008 – May 2026
Value, last 12 filed months
$123 k
at the published price for each month
Months reported
210
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
CondensateDisposition11 bbl$544
GasProduction1,394,832 Mcf$5,217,593
Total$5,218,137

Every month this lease reported (210)

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

210 months

May 202602,739106.413.05$8,343
Apr 202602,74898.932.87$7,886
Mar 202602,75789.753.15$8,683
Feb 202602,48463.503.75$9,316
Jan 202603,02659.138.00$24,202
Dec 202502,84956.664.41$12,574
Nov 202502,75758.593.93$10,825
Oct 202502,93959.383.30$9,713
Sep 202502,74062.743.08$8,431
Aug 202502,74663.933.01$8,279
Jul 202502,64666.743.32$8,772
Jun 202501,92166.483.13$6,010
May 202502,23160.553.23$7,211
Apr 202502,16062.363.54$7,653
Mar 202502,32467.704.27$9,920
Feb 202502,50570.884.34$10,874
Jan 202502,87374.324.28$12,293
Dec 202402,71568.993.12$8,475
Nov 202402,91569.052.20$6,408
Oct 202403,21271.372.28$7,328
Sep 202403,12469.612.36$7,386
Aug 202403,09975.632.06$6,395
Jul 202402,95779.932.15$6,347
Jun 202402,88478.082.63$7,596
May 202403,48778.812.20$7,666
Apr 202403,32884.451.66$5,522
Mar 202403,26380.301.55$5,042
Feb 202403,02776.091.78$5,399
Jan 202403,19873.023.30$10,546
Dec 202303,31171.262.61$8,644
Nov 202303,28677.892.81$9,226
Oct 202303,33085.443.09$10,281
Sep 202303,23889.042.74$8,856
Aug 202303,09980.522.67$8,283
Jul 202303,16674.852.64$8,364
Jun 202302,87268.962.26$6,486
May 202303,09470.622.23$6,892
Apr 202303,19878.122.24$7,156
Mar 202303,41972.852.39$8,182
Feb 202303,12575.112.47$7,705
Jan 202303,48676.533.39$11,810
Dec 202203,46176.415.73$19,828
Nov 202203,36285.005.65$18,983
Oct 202203,51887.185.86$20,629
Sep 202203,35884.888.16$27,414
Aug 202203,49894.529.13$31,927
Jul 202203,470101.587.54$26,171
Jun 202203,352115.097.98$26,740
May 202203,637109.378.43$30,671
Apr 202203,520104.226.84$24,068
Mar 202203,696108.885.08$18,762
Feb 202203,27991.054.86$15,932
Jan 202203,57581.844.54$16,222
Dec 202103,56271.323.90$13,889
Nov 202103,57777.435.24$18,732
Oct 202103,78079.795.71$21,598
Sep 202103,58369.865.35$19,172
Aug 202103,68666.024.22$15,557
Jul 202103,78270.783.98$15,060
Jun 202103,47769.493.38$11,754
May 202103,59663.483.02$10,852
Apr 202103,50160.362.76$9,657
Mar 202103,48861.302.72$9,477
Feb 202102,75557.805.55$15,285
Jan 202103,49650.412.81$9,825
Dec 202003,54544.642.68$9,485
Nov 202003,48138.772.71$9,422
Oct 202003,67736.972.48$9,113
Sep 202003,54837.091.99$7,064
Aug 202003,68939.982.39$8,799
Jul 202003,74838.371.83$6,841
Jun 202003,58834.901.69$6,065
May 202003,70916.921.81$6,731
Apr 202003,54214.751.80$6,391
Mar 202003,66530.341.86$6,803
Feb 202003,46349.881.98$6,859
Jan 202003,74257.252.09$7,839
Dec 201903,75859.012.30$8,660
Nov 201903,72255.302.75$10,238
Oct 201902,31553.472.42$5,599
Sep 201901,72055.052.66$4,571
Aug 201903,06553.112.30$7,063
Jul 201903,72756.272.46$9,169
Jun 201903,58852.782.49$8,938
May 201903,27258.482.74$8,966
Apr 201903,58562.632.75$9,861
Mar 201903,83556.803.06$11,743
Feb 201903,20750.852.79$8,955
Jan 201903,84446.033.23$12,409
Dec 201804,06146.594.19$16,997
Nov 201803,78352.934.24$16,029
Oct 201804,39861.443.40$14,945
Sep 201803,93359.543.11$12,224
Aug 201804,33559.403.07$13,294
Jul 201804,40665.142.93$12,918
Jun 201804,51260.183.08$13,883
May 201804,56865.382.90$13,251
Apr 201804,72963.842.90$13,718
Mar 201805,03861.222.79$14,040
Feb 201802,40761.782.77$6,658
Jan 201801,44962.874.01$5,810
Dec 201704,12057.272.92$12,037
Nov 201704,78955.423.12$14,934
Oct 201704,97149.292.98$14,832
Sep 201705,12247.523.09$15,813
Aug 201704,62645.373.00$13,898
Jul 201704,91943.873.09$15,186
Jun 201704,81842.493.09$14,875
May 201705,18045.373.26$16,904
Apr 201705,33847.933.21$17,144
Mar 201704,83446.772.98$14,423
Feb 201704,39450.452.95$12,974
Jan 2017114,47549.413.42$15,843
Dec 201604,44348.763.72$16,541
Nov 201603,34142.492.64$8,835
Oct 201603,82146.193.09$11,808
Sep 201604,04641.553.10$12,545
Aug 201603,90941.442.92$11,431
Jul 201603,30441.622.92$9,662
Jun 201604,29645.352.69$11,538
May 201604,82342.521.99$9,603
Apr 201605,51336.561.99$10,977
Mar 201606,10833.011.79$10,958
Feb 201604,21926.472.06$8,706
Jan 201606,39127.352.36$15,111
Dec 201506,53732.362.00$13,083
Nov 201506,54238.792.17$14,179
Oct 201503,32043.552.43$8,056
Sep 201506,24942.992.76$17,237
Aug 201506,52340.162.87$18,737
Jul 201506,00048.152.95$17,670
Jun 201505,54756.152.88$15,991
May 201507,02655.212.96$20,765
Apr 201505,92749.822.71$16,042
Mar 201506,49142.892.93$19,049
Feb 201506,53544.662.98$19,449
Jan 201506,82543.433.10$21,162
Dec 201407,49554.693.59$26,917
Nov 201406,79670.464.25$28,896
Oct 201409,30078.303.90$36,279
Sep 201408,41286.164.05$34,030
Aug 201408,30489.394.04$33,508
Jul 201407,20296.564.18$30,101
Jun 201407,49598.164.74$35,503
May 201407,37994.734.73$34,877
Apr 201406,90295.944.81$33,193
Mar 201407,46695.895.06$37,754
Feb 201405,89197.406.19$36,477
Jan 201408,10890.404.86$39,411
Dec 201306,73891.824.35$29,340
Nov 201307,67888.853.74$28,703
Oct 201305,51097.423.78$20,824
Sep 201306,869104.113.72$25,537
Aug 201307,973104.253.52$28,086
Jul 201307,984102.523.72$29,682
Jun 201306,77094.403.93$26,629
May 201308,67494.834.15$35,989
Apr 201308,38893.964.28$35,922
Mar 201309,01893.623.91$35,286
Feb 201307,00491.233.42$23,953
Jan 201308,79591.603.42$30,078
Dec 201207,27786.773.42$24,889
Nov 201209,14586.953.62$33,150
Oct 201209,41489.383.40$32,005
Sep 201209,08194.672.92$26,502
Aug 201207,55792.662.91$21,977
Jul 201208,36185.133.02$25,257
Jun 201208,12879.822.52$20,475
May 201209,58091.612.49$23,838
Apr 201206,569101.652.00$13,117
Mar 201207,372105.052.22$16,381
Feb 201208,442101.102.57$21,698
Jan 201209,09198.092.73$24,856
Dec 201108,41696.873.24$27,266
Nov 201107,50095.723.31$24,835
Oct 201107,92484.983.65$28,911
Sep 201108,34683.623.99$33,265
Aug 2011010,94083.404.15$45,394
Jul 2011011,25894.144.52$50,855
Jun 2011010,24992.904.64$47,554
May 2011010,27398.134.40$45,251
Apr 2011010,870105.964.33$47,103
Mar 2011011,31196.364.06$45,893
Feb 2011010,75085.644.18$44,935
Jan 2011012,81786.504.59$58,814
Dec 2010013,09385.734.35$56,925
Nov 2010012,98380.843.80$49,275
Oct 2010013,79578.103.51$48,405
Sep 2010013,81872.633.98$54,988
Aug 2010015,02473.684.42$66,396
Jul 2010015,73472.554.74$74,524
Jun 2010014,89570.364.91$73,140
May 2010017,23171.124.24$72,977
Apr 20100081.694.12$0
Mar 2010015,64178.394.39$68,643
Feb 2010016,24773.585.44$88,422
Jan 2010019,45174.365.96$116,008
Dec 2009019,75871.445.48$108,348
Nov 2009020,05274.593.75$75,225
Oct 2009022,11172.544.11$90,882
Sep 2009022,27065.543.06$68,252
Aug 2009023,14867.423.22$74,502
Jul 2009025,09561.133.46$86,942
Jun 2009029,85166.163.90$116,270
May 2009031,55154.743.93$123,861
Apr 2009035,20746.773.59$126,305
Mar 2009037,72242.144.06$153,114
Feb 200905,95632.814.63$27,594
Jan 200907,52035.865.37$40,390
Dec 2008023,59437.105.98$141,025

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                2,739 Mcf  × $  3.05 =     $8,343

────────────────────────────────────────────────────
Month total                                   $8,343

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/249607 is the state's own key, not one this site invented.