SCHULTZ B

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 249643District 09Field 65280200CondensateGasSaveExport
Value, all time
$7.6 M
Aug 2008 – May 2026
Value, last 12 filed months
$189 k
at the published price for each month
Months reported
214
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
CondensateDisposition57 bbl$4,370
GasProduction1,830,294 Mcf$7,546,691
Total$7,551,061

Every month this lease reported (214)

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

214 months

May 202604,554106.413.05$13,871
Apr 202624,47898.932.87$13,048
Mar 202604,56089.753.15$14,361
Feb 202603,77963.503.75$14,172
Jan 202604,26559.138.00$34,111
Dec 202504,58656.664.41$20,240
Nov 202503,73258.593.93$14,653
Oct 202503,82459.383.30$12,638
Sep 202504,07762.743.08$12,545
Aug 202504,14963.933.01$12,508
Jul 202504,18766.743.32$13,881
Jun 202504,15866.483.13$13,009
May 202503,55960.553.23$11,504
Apr 202522,54762.363.54$9,149
Mar 202562,33067.704.27$10,351
Feb 202502,09570.884.34$9,094
Jan 202504,20074.324.28$17,970
Dec 202404,10668.993.12$12,816
Nov 202403,75569.052.20$8,255
Oct 202404,50171.372.28$10,269
Sep 202404,44569.612.36$10,510
Aug 20242075.632.06$151
Jul 202405,53579.932.15$11,881
Jun 202405,32978.082.63$14,036
May 202425,65678.812.20$12,592
Apr 202426,01284.451.66$10,144
Mar 202426,11080.301.55$9,601
Feb 202405,69476.091.78$10,156
Jan 202405,89773.023.30$19,446
Dec 202306,07371.262.61$15,855
Nov 202306,26777.892.81$17,595
Oct 202304,89085.443.09$15,097
Sep 202303,76189.042.74$10,286
Aug 202332,58580.522.67$7,151
Jul 202325,04374.852.64$13,472
Jun 202305,11568.962.26$11,552
May 202306,07670.622.23$13,534
Apr 202307,89278.122.24$17,660
Mar 202328,41072.852.39$20,272
Feb 202307,70475.112.47$18,996
Jan 202308,88876.533.39$30,110
Dec 202209,00976.415.73$51,613
Nov 202209,41985.005.65$53,182
Oct 202209,06087.185.86$53,126
Sep 202206,91684.888.16$56,460
Aug 202203,97994.529.13$36,317
Jul 202202,089101.587.54$15,755
Jun 202233,589115.097.98$28,975
May 202206,285109.378.43$53,002
Apr 202244,696104.226.84$32,526
Mar 202204,499108.885.08$22,839
Feb 202202,23091.054.86$10,835
Jan 202202,17081.844.54$9,847
Dec 202104,26971.323.90$16,645
Nov 202123,81577.435.24$20,133
Oct 202103,44179.795.71$19,661
Sep 2021065369.865.35$3,494
Aug 202103,06166.024.22$12,919
Jul 202105,92470.783.98$23,590
Jun 202133,93969.493.38$13,525
May 202102,17663.483.02$6,566
Apr 202102,87460.362.76$7,928
Mar 202101,04761.302.72$2,845
Feb 202101,95157.805.55$10,824
Jan 202102,94950.412.81$8,287
Dec 202002,04644.642.68$5,474
Nov 202001,78338.772.71$4,826
Oct 202004,13336.972.48$10,243
Sep 202006,13237.091.99$12,209
Aug 202005,25939.982.39$12,543
Jul 202004,03438.371.83$7,363
Jun 202005,11434.901.69$8,644
May 202006,31516.921.81$11,460
Apr 202005,83114.751.80$10,521
Mar 202004,78930.341.86$8,889
Feb 202003,24349.881.98$6,423
Jan 202003,61457.252.09$7,570
Dec 201902,68259.012.30$6,180
Nov 201904,00555.302.75$11,017
Oct 201902,55453.472.42$6,177
Sep 201902,32555.052.66$6,178
Aug 201902,06553.112.30$4,759
Jul 201901,41156.272.46$3,471
Jun 201901,66352.782.49$4,143
May 201903,12158.482.74$8,553
Apr 201904,81362.632.75$13,239
Mar 201906,66256.803.06$20,400
Feb 201905,92250.852.79$16,536
Jan 201906,51346.033.23$21,025
Dec 201806,72446.594.19$28,143
Nov 201805,92552.934.24$25,106
Oct 201806,72361.443.40$22,845
Sep 201807,87859.543.11$24,485
Aug 201806,37959.403.07$19,562
Jul 201806,66765.142.93$19,547
Jun 201807,90460.183.08$24,320
May 201807,59365.382.90$22,026
Apr 201808,08063.842.90$23,438
Mar 201805,36761.222.79$14,957
Feb 201805,97761.782.77$16,533
Jan 201805,61362.874.01$22,504
Dec 201705,28957.272.92$15,452
Nov 201702,19355.423.12$6,839
Oct 201707,83149.292.98$23,365
Sep 201705,47447.523.09$16,900
Aug 201706,87845.373.00$20,664
Jul 201706,05243.873.09$18,684
Jun 201706,63542.493.09$20,484
May 201707,39145.373.26$24,120
Apr 201706,03547.933.21$19,382
Mar 201704,47946.772.98$13,364
Feb 201704,88350.452.95$14,418
Jan 201706,09049.413.42$20,820
Dec 201614,79748.763.72$17,907
Nov 201607,57542.492.64$20,031
Oct 201607,37746.193.09$22,797
Sep 201625,82141.553.10$18,132
Aug 201606,19541.442.92$18,116
Jul 2016013,60441.622.92$39,783
Jun 201605,44845.352.69$14,632
May 201608,95542.521.99$17,830
Apr 201603,80536.561.99$7,576
Mar 201604,42433.011.79$7,937
Feb 201608,68126.472.06$17,914
Jan 201613,79427.352.36$8,998
Dec 201502,62732.362.00$5,258
Nov 201502,50638.792.17$5,431
Oct 201502,91943.552.43$7,083
Sep 201501,89842.992.76$5,235
Aug 201502,99640.162.87$8,606
Jul 201502,17248.152.95$6,397
Jun 201501,08956.152.88$3,139
May 201511,38755.212.96$4,154
Apr 201534,19049.822.71$11,490
Mar 201515,88742.892.93$17,320
Feb 201514,14444.662.98$12,378
Jan 201506,59543.433.10$20,449
Dec 201406,29454.693.59$22,604
Nov 201414,66270.464.25$19,893
Oct 201405,66378.303.90$22,091
Sep 201441,92386.164.05$8,124
Aug 201401,67989.394.04$6,775
Jul 201402,45796.564.18$10,269
Jun 201403,71398.164.74$17,588
May 201407,59294.734.73$35,884
Apr 2014113,57695.944.81$65,385
Mar 2014113,37695.895.06$67,736
Feb 2014113,16497.406.19$81,609
Jan 2014111,27790.404.86$54,905
Dec 201307,20091.824.35$31,352
Nov 201304,46588.853.74$16,691
Oct 201307,78797.423.78$29,430
Sep 2013018,762104.113.72$69,752
Aug 2013018,691104.253.52$65,841
Jul 2013020,293102.523.72$75,444
Jun 2013119,07394.403.93$75,116
May 201309,79994.834.15$40,657
Apr 2013013,80393.964.28$59,113
Mar 201304,24493.623.91$16,606
Feb 201304,23691.233.42$14,487
Jan 201308,77991.603.42$30,023
Dec 201206,16986.773.42$21,099
Nov 2012017,73786.953.62$64,296
Oct 2012015,02889.383.40$51,090
Sep 2012018,87394.672.92$55,079
Aug 2012018,44892.662.91$53,650
Jul 2012017,94585.133.02$54,208
Jun 2012019,15579.822.52$48,252
May 2012010,13891.612.49$25,227
Apr 2012011,006101.652.00$21,977
Mar 2012010,690105.052.22$23,754
Feb 2012011,224101.102.57$28,848
Jan 2012012,73698.092.73$34,821
Dec 201109,20496.873.24$29,819
Nov 201107,81995.723.31$25,891
Oct 2011011,09084.983.65$40,462
Sep 2011011,97383.623.99$47,722
Aug 201109,57083.404.15$39,709
Jul 2011017,06494.144.52$77,082
Jun 2011016,61592.904.64$77,092
May 2011016,97798.134.40$74,781
Apr 2011011,939105.964.33$51,735
Mar 2011020,04896.364.06$81,342
Feb 2011024,23285.644.18$101,289
Jan 2011029,20186.504.59$133,997
Dec 2010039,18185.734.35$170,349
Nov 2010025,74180.843.80$97,696
Oct 201004,81778.103.51$16,902
Sep 201007,81872.633.98$31,112
Aug 201002,74273.684.42$12,118
Jul 2010011,18072.554.74$52,954
Jun 201008,90770.364.91$43,737
May 2010011,44171.124.24$48,455
Apr 2010011,36181.694.12$46,838
Mar 2010012,47878.394.39$54,762
Feb 2010011,96573.585.44$65,118
Jan 201008,74174.365.96$52,132
Dec 200902,22371.445.48$12,190
Nov 2009012,88974.593.75$48,353
Oct 200909,60272.544.11$39,467
Sep 2009012,19565.543.06$37,375
Aug 2009017,69567.423.22$56,951
Jul 2009019,32561.133.46$66,951
Jun 2009020,68666.163.90$80,572
May 2009023,57154.743.93$92,534
Apr 2009023,83546.773.59$85,508
Mar 2009028,51842.144.06$115,755
Feb 2009021,48532.814.63$99,540
Jan 2009012,67835.865.37$68,094
Dec 2008036,03537.105.98$215,386
Nov 2008041,08955.496.86$281,885
Oct 2008050,71975.246.92$351,076
Sep 2008067,132101.767.88$528,805
Aug 2008037,017114.228.48$314,016

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                4,554 Mcf  × $  3.05 =    $13,871

────────────────────────────────────────────────────
Month total                                  $13,871

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/249643 is the state's own key, not one this site invented.