BONE RANCH

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 251379District 09Field 65280200CondensateGasSaveExport
Value, all time
$5.9 M
Nov 2008 – May 2026
Value, last 12 filed months
$182 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
CondensateDisposition272 bbl$21,667
GasProduction1,541,058 Mcf$5,869,589
Total$5,891,256

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 202664,128106.413.05$13,212
Apr 202671,58898.932.87$5,250
Mar 202672,62989.753.15$8,908
Feb 202682,95263.503.75$11,579
Jan 202604,57959.138.00$36,622
Dec 202534,73156.664.41$21,050
Nov 202534,61658.593.93$18,300
Oct 202535,33259.383.30$17,800
Sep 202534,91462.743.08$15,308
Aug 202502,92263.933.01$8,809
Jul 202534,13966.743.32$13,922
Jun 202593,31966.483.13$10,983
May 202562,47560.553.23$8,363
Apr 202563,93662.363.54$14,320
Mar 202594,46667.704.27$19,672
Feb 202503,37370.884.34$14,642
Jan 202533,88574.324.28$16,846
Dec 202435,31868.993.12$16,806
Nov 202434,31069.052.20$9,682
Oct 202434,39071.372.28$10,229
Sep 202405,09869.612.36$12,054
Aug 202434,22175.632.06$8,937
Jul 2024270179.932.15$1,665
Jun 2024073978.082.63$1,947
May 202451,06778.812.20$2,740
Apr 202421,11784.451.66$2,022
Mar 202421,88380.301.55$3,070
Feb 202401,84576.091.78$3,291
Jan 202401,30473.023.30$4,300
Dec 202302,13071.262.61$5,561
Nov 202302,66777.892.81$7,488
Oct 202302,94285.443.09$9,083
Sep 202322,37089.042.74$6,660
Aug 202322,68880.522.67$7,346
Jul 202323,24974.852.64$8,733
Jun 202334,34168.962.26$10,011
May 202324,57470.622.23$10,329
Apr 202332,76478.122.24$6,420
Mar 2023488072.852.39$2,397
Feb 202331,83375.112.47$4,745
Jan 202301,21376.533.39$4,109
Dec 202231,43476.415.73$8,445
Nov 202201,29685.005.65$7,317
Oct 202201,13887.185.86$6,673
Sep 202231,47584.888.16$12,296
Aug 202201,32994.529.13$12,130
Jul 20223972101.587.54$7,636
Jun 20223959115.097.98$7,995
May 20222849109.378.43$7,378
Apr 20224870104.226.84$6,366
Mar 202221,064108.885.08$5,619
Feb 2022282991.054.86$4,210
Jan 202221,20281.844.54$5,618
Dec 202101,12171.323.90$4,371
Nov 202101,11577.435.24$5,839
Oct 202121,29279.795.71$7,542
Sep 202101,65969.865.35$8,877
Aug 202132,68966.024.22$11,547
Jul 202101,99370.783.98$7,936
Jun 202132,51469.493.38$8,707
May 202121,83163.483.02$5,652
Apr 202101,10660.362.76$3,051
Mar 2021081561.302.72$2,214
Feb 202102,07357.805.55$11,501
Jan 202104,19850.412.81$11,798
Dec 202003,77244.642.68$10,092
Nov 202003,32838.772.71$9,007
Oct 202004,88636.972.48$12,110
Sep 202005,37037.091.99$10,692
Aug 202005,15439.982.39$12,293
Jul 202005,50138.371.83$10,040
Jun 202005,12934.901.69$8,670
May 202004,52116.921.81$8,204
Apr 202003,49914.751.80$6,314
Mar 202004,07630.341.86$7,566
Feb 202003,63349.881.98$7,196
Jan 202004,13157.252.09$8,653
Dec 201903,57459.012.30$8,236
Nov 201904,43155.302.75$12,188
Oct 201904,63053.472.42$11,198
Sep 201904,14755.052.66$11,020
Aug 201903,97753.112.30$9,164
Jul 201903,58656.272.46$8,822
Jun 201905,23352.782.49$13,036
May 201906,12258.482.74$16,776
Apr 201906,21762.632.75$17,101
Mar 201906,76456.803.06$20,712
Feb 201905,77650.852.79$16,128
Jan 201905,45746.033.23$17,616
Dec 201804,07446.594.19$17,051
Nov 201802,57152.934.24$10,894
Oct 201802,73761.443.40$9,301
Sep 201803,65159.543.11$11,347
Aug 201805,03959.403.07$15,452
Jul 201806,22765.142.93$18,257
Jun 201805,97960.183.08$18,397
May 201805,44665.382.90$15,798
Apr 201806,62463.842.90$19,215
Mar 201806,33861.222.79$17,663
Feb 201805,82561.782.77$16,113
Jan 201807,25062.874.01$29,068
Dec 201707,48757.272.92$21,873
Nov 201706,22555.423.12$19,412
Oct 201706,14249.292.98$18,326
Sep 201705,95947.523.09$18,397
Aug 201705,53145.373.00$16,617
Jul 201705,57743.873.09$17,218
Jun 201706,27742.493.09$19,379
May 201705,40445.373.26$17,635
Apr 201702,90747.933.21$9,336
Mar 201706,30446.772.98$18,809
Feb 201704,87550.452.95$14,394
Jan 201704,51749.413.42$15,443
Dec 201604,81848.763.72$17,937
Nov 201605,10042.492.64$13,486
Oct 201605,85646.193.09$18,097
Sep 201605,51241.553.10$17,091
Aug 201606,22741.442.92$18,210
Jul 201606,11841.622.92$17,891
Jun 201605,43845.352.69$14,606
May 201604,76042.521.99$9,477
Apr 201605,13436.561.99$10,222
Mar 201605,54033.011.79$9,939
Feb 201603,87126.472.06$7,988
Jan 201604,80127.352.36$11,351
Dec 201505,13232.362.00$10,271
Nov 201505,49738.792.17$11,914
Oct 201505,53543.552.43$13,431
Sep 201505,54242.992.76$15,287
Aug 201505,36740.162.87$15,417
Jul 201504,41848.152.95$13,011
Jun 201504,74656.152.88$13,682
May 201503,55855.212.96$10,515
Apr 201505,21549.822.71$14,115
Mar 201514,71142.892.93$13,868
Feb 201516,36944.662.98$19,000
Jan 201517,70243.433.10$23,924
Dec 201414,19954.693.59$15,135
Nov 201411,81870.464.25$7,800
Oct 201415,90478.303.90$23,110
Sep 201419,19786.164.05$37,292
Aug 201409,48489.394.04$38,269
Jul 201418,93196.564.18$37,425
Jun 2014110,34398.164.74$49,092
May 201409,33894.734.73$44,137
Apr 2014511,51895.944.81$55,871
Mar 201429,40895.895.06$47,766
Feb 201407,24897.406.19$44,880
Jan 201419,40290.404.86$45,791
Dec 201319,39791.824.35$41,011
Nov 2013010,80488.853.74$40,388
Oct 2013113,56697.423.78$51,368
Sep 2013011,082104.113.72$41,200
Aug 2013355,844104.253.52$24,235
Jul 201309,923102.523.72$36,891
Jun 201328,70894.403.93$34,441
May 201308,32394.834.15$34,533
Apr 201303,77793.964.28$16,175
Mar 201306,72893.623.91$26,326
Feb 201305,55791.233.42$19,004
Jan 2013012,50591.603.42$42,766
Dec 2012010,96386.773.42$37,495
Nov 2012012,70686.953.62$46,059
Oct 2012017,57689.383.40$59,753
Sep 2012016,98594.672.92$49,569
Aug 2012015,76892.662.91$45,856
Jul 2012016,49385.133.02$49,822
Jun 2012011,83979.822.52$29,823
May 201204,44491.612.49$11,058
Apr 2012013,802101.652.00$27,560
Mar 2012014,434105.052.22$32,074
Feb 2012013,811101.102.57$35,498
Jan 2012019,24198.092.73$52,606
Dec 2011014,33496.873.24$46,438
Nov 2011012,92095.723.31$42,782
Oct 2011017,82584.983.65$65,035
Sep 2011015,67883.623.99$62,489
Aug 2011022,21583.404.15$92,177
Jul 2011019,64994.144.52$88,759
Jun 2011021,37792.904.64$99,187
May 2011022,67198.134.40$99,862
Apr 2011021,531105.964.33$93,300
Mar 2011015,66096.364.06$63,538
Feb 201108,90285.644.18$37,210
Jan 2011012,41286.504.59$56,956
Dec 2010021,28285.734.35$92,529
Nov 2010023,74480.843.80$90,116
Oct 2010032,12778.103.51$112,730
Sep 201003,51772.633.98$13,996
Aug 2010019,91473.684.42$88,007
Jul 2010032,67172.554.74$154,746
Jun 20106224,60370.364.91$125,173
May 2010037,01571.124.24$156,767
Apr 2010040,83681.694.12$168,354
Mar 2010045,80578.394.39$201,023
Feb 2010070,47973.585.44$383,572
Jan 2010047,86574.365.96$285,471
Dec 20090071.445.48$0
Nov 20090074.593.75$0
Oct 20090072.544.11$0
Sep 20090065.543.06$0
Aug 20090067.423.22$0
Jul 20090061.133.46$0
Jun 20090066.163.90$0
May 20090054.743.93$0
Apr 20090046.773.59$0
Mar 20090042.144.06$0
Feb 20090032.814.63$0
Jan 20090035.865.37$0
Dec 20080037.105.98$0
Nov 2008032,66255.496.86$224,073

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             6 bbl  × $106.41 =       $638
Gas                4,128 Mcf  × $  3.05 =    $12,573

────────────────────────────────────────────────────
Month total                                  $13,212

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/251379 is the state's own key, not one this site invented.