KING

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 250903District 09Field 65280200CondensateGasSaveExport
Value, all time
$3.6 M
Jun 2007 – May 2026
Value, last 12 filed months
$87 k
at the published price for each month
Months reported
228
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
CondensateDisposition16 bbl$1,279
GasProduction789,587 Mcf$3,602,751
Total$3,604,030

Every month this lease reported (228)

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

228 months

May 202601,886106.413.05$5,744
Apr 202611,86598.932.87$5,451
Mar 202601,93689.753.15$6,097
Feb 202601,78363.503.75$6,687
Jan 202602,33759.138.00$18,691
Dec 202501,69756.664.41$7,489
Nov 202501,77858.593.93$6,981
Oct 202501,97659.383.30$6,530
Sep 202501,87262.743.08$5,760
Aug 202501,89863.933.01$5,722
Jul 202501,90666.743.32$6,319
Jun 202501,88766.483.13$5,904
May 202501,94260.553.23$6,277
Apr 202511,93162.363.54$6,904
Mar 202511,98167.704.27$8,523
Feb 202502,01770.884.34$8,755
Jan 202501,75974.324.28$7,526
Dec 202401,68968.993.12$5,272
Nov 202401,81169.052.20$3,981
Oct 202401,94171.372.28$4,428
Sep 202401,97669.612.36$4,672
Aug 20241075.632.06$76
Jul 202402,20579.932.15$4,733
Jun 202401,60678.082.63$4,230
May 202412,14278.812.20$4,788
Apr 202412,13284.451.66$3,622
Mar 202412,21580.301.55$3,503
Feb 202401,97176.091.78$3,516
Jan 202402,01373.023.30$6,638
Dec 202301,94971.262.61$5,088
Nov 202301,90777.892.81$5,354
Oct 202302,15585.443.09$6,653
Sep 202302,10589.042.74$5,757
Aug 202312,23980.522.67$6,065
Jul 202312,20374.852.64$5,895
Jun 202302,09968.962.26$4,741
May 202302,18870.622.23$4,874
Apr 202302,14178.122.24$4,791
Mar 202312,21672.852.39$5,376
Feb 202301,90775.112.47$4,702
Jan 202302,08976.533.39$7,077
Dec 202202,13276.415.73$12,214
Nov 202202,10085.005.65$11,857
Oct 202202,25487.185.86$13,217
Sep 202202,07784.888.16$16,956
Aug 202202,37994.529.13$21,714
Jul 202202,449101.587.54$18,471
Jun 202212,372115.097.98$19,037
May 202202,454109.378.43$20,695
Apr 202212,361104.226.84$16,248
Mar 202202,434108.885.08$12,356
Feb 202202,16491.054.86$10,515
Jan 202202,41881.844.54$10,972
Dec 202102,51971.323.90$9,822
Nov 202112,28377.435.24$12,033
Oct 202102,38779.795.71$13,639
Sep 202101,97869.865.35$10,584
Aug 202102,23266.024.22$9,420
Jul 202102,62170.783.98$10,437
Jun 202112,51169.493.38$8,558
May 202102,61863.483.02$7,900
Apr 202102,59260.362.76$7,150
Mar 202102,47861.302.72$6,733
Feb 202101,70257.805.55$9,443
Jan 202102,46650.412.81$6,930
Dec 202002,41944.642.68$6,472
Nov 202002,38038.772.71$6,442
Oct 202002,50536.972.48$6,208
Sep 202002,40937.091.99$4,796
Aug 202002,60239.982.39$6,206
Jul 202002,64838.371.83$4,833
Jun 202002,46634.901.69$4,168
May 202002,60816.921.81$4,733
Apr 202002,64014.751.80$4,764
Mar 202002,73630.341.86$5,079
Feb 202002,50149.881.98$4,954
Jan 202002,64857.252.09$5,547
Dec 201902,34659.012.30$5,406
Nov 201902,25855.302.75$6,211
Oct 201902,67453.472.42$6,467
Sep 201903,00955.052.66$7,996
Aug 201902,90253.112.30$6,687
Jul 201902,65456.272.46$6,529
Jun 201902,89252.782.49$7,205
May 201903,00058.482.74$8,221
Apr 201902,86462.632.75$7,878
Mar 201902,85956.803.06$8,755
Feb 201902,66950.852.79$7,452
Jan 201903,12046.033.23$10,072
Dec 201802,97146.594.19$12,435
Nov 201803,03352.934.24$12,852
Oct 201803,12661.443.40$10,622
Sep 201803,01859.543.11$9,380
Aug 201803,10259.403.07$9,512
Jul 201803,15665.142.93$9,253
Jun 201803,01360.183.08$9,271
May 201803,21265.382.90$9,317
Apr 201803,13363.842.90$9,088
Mar 201803,23461.222.79$9,013
Feb 201803,00661.782.77$8,315
Jan 201803,41862.874.01$13,704
Dec 201703,32557.272.92$9,714
Nov 201703,32255.423.12$10,359
Oct 201703,36249.292.98$10,031
Sep 201703,36347.523.09$10,383
Aug 201703,41345.373.00$10,254
Jul 201703,23843.873.09$9,997
Jun 201702,89642.493.09$8,941
May 201702,84045.373.26$9,268
Apr 201703,12447.933.21$10,033
Mar 201703,30546.772.98$9,861
Feb 201702,89750.452.95$8,554
Jan 201703,30649.413.42$11,303
Dec 201602,84548.763.72$10,591
Nov 201602,47542.492.64$6,545
Oct 201602,35146.193.09$7,265
Sep 201601,97141.553.10$6,111
Aug 201602,22341.442.92$6,501
Jul 201602,39441.622.92$7,001
Jun 201602,25145.352.69$6,046
May 201602,53642.521.99$5,049
Apr 201602,41636.561.99$4,810
Mar 201602,44733.011.79$4,390
Feb 201602,34326.472.06$4,835
Jan 201602,63127.352.36$6,221
Dec 201502,83732.362.00$5,678
Nov 201502,73738.792.17$5,932
Oct 201503,10743.552.43$7,539
Sep 201504,31942.992.76$11,914
Aug 201503,71340.162.87$10,666
Jul 201502,81648.152.95$8,293
Jun 201502,96656.152.88$8,551
May 201502,79455.212.96$8,258
Apr 201512,47449.822.71$6,746
Mar 201502,83042.892.93$8,305
Feb 201502,49744.662.98$7,432
Jan 201502,85343.433.10$8,846
Dec 201402,77754.693.59$9,973
Nov 201402,50170.464.25$10,634
Oct 201402,70878.303.90$10,564
Sep 201412,61486.164.05$10,661
Aug 201402,60689.394.04$10,516
Jul 201402,18896.564.18$9,145
Jun 201402,93598.164.74$13,903
May 201402,94194.734.73$13,901
Apr 201402,75595.944.81$13,249
Mar 201402,74795.895.06$13,891
Feb 201402,49397.406.19$15,437
Jan 201402,66490.404.86$12,949
Dec 201302,21391.824.35$9,636
Nov 201302,55588.853.74$9,551
Oct 201303,01197.423.78$11,380
Sep 201302,533104.113.72$9,417
Aug 201303,193104.253.52$11,248
Jul 201303,295102.523.72$12,250
Jun 201303,08194.403.93$12,119
May 201303,10394.834.15$12,875
Apr 201303,25093.964.28$13,918
Mar 201303,21093.623.91$12,560
Feb 201303,04091.233.42$10,397
Jan 201303,36191.603.42$11,494
Dec 201203,67586.773.42$12,569
Nov 201203,39686.953.62$12,310
Oct 201203,56289.383.40$12,110
Sep 201203,27594.672.92$9,558
Aug 201203,64392.662.91$10,594
Jul 201203,75385.133.02$11,337
Jun 201203,64779.822.52$9,187
May 201203,89291.612.49$9,685
Apr 201203,635101.652.00$7,258
Mar 20120686105.052.22$1,524
Feb 201201,516101.102.57$3,896
Jan 2012081698.092.73$2,231
Dec 201102,19896.873.24$7,121
Nov 201101,50195.723.31$4,970
Oct 2011035684.983.65$1,299
Sep 201101,76383.623.99$7,027
Aug 201103,40283.404.15$14,116
Jul 201104,41894.144.52$19,957
Jun 201103,22192.904.64$14,945
May 201103,22098.134.40$14,184
Apr 201103,582105.964.33$15,522
Mar 201102,42496.364.06$9,835
Feb 20110085.644.18$0
Jan 20110086.504.59$0
Dec 20100085.734.35$0
Nov 20100080.843.80$0
Oct 201004,95978.103.51$17,401
Sep 201003,33472.633.98$13,268
Aug 201004,62973.684.42$20,457
Jul 201002,92172.554.74$13,835
Jun 2010010,13370.364.91$49,757
May 201009,72671.124.24$41,192
Apr 2010015,31481.694.12$63,135
Mar 201009,51178.394.39$41,741
Feb 201007,30073.585.44$39,729
Jan 201006,53274.365.96$38,957
Dec 200903,30871.445.48$18,140
Nov 200903,89374.593.75$14,605
Oct 200907,54072.544.11$30,991
Sep 200907,64365.543.06$23,424
Aug 200906,98367.423.22$22,475
Jul 200904,83661.133.46$16,754
Jun 200901,63666.163.90$6,372
May 200903,58554.743.93$14,074
Apr 200903,64346.773.59$13,069
Mar 200904,63642.144.06$18,818
Feb 200904,92332.814.63$22,808
Jan 200904,48435.865.37$24,084
Dec 200806,75337.105.98$40,364
Nov 200808,11355.496.86$55,658
Oct 200809,07475.246.92$62,810
Sep 200805,767101.767.88$45,427
Aug 200804,886114.228.48$41,448
Jul 200808,594131.0811.39$97,881
Jun 200807,887131.3313.03$102,788
May 200805,119123.1711.57$59,249
Apr 200807,789110.3110.45$81,433
Mar 200800101.909.66$0
Feb 200802,07292.538.77$18,173
Jan 2008012,25190.388.21$100,528
Dec 2007015,35988.337.30$112,151
Nov 200708,31491.677.29$60,623
Oct 2007016,03382.856.92$110,980
Sep 2007020,86075.846.24$130,253
Aug 2007027,02469.066.39$172,628
Jul 2007023,08970.906.39$147,491
Jun 20070062.007.55$0

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                1,886 Mcf  × $  3.05 =     $5,744

────────────────────────────────────────────────────
Month total                                   $5,744

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/250903 is the state's own key, not one this site invented.