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 251556District 09Field 65280200CondensateGasSaveExport
Value, all time
$3.9 M
Jul 2007 – May 2026
Value, last 12 filed months
$4 k
at the published price for each month
Months reported
227
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
CondensateDisposition15 bbl$1,085
GasProduction769,185 Mcf$3,877,595
Total$3,878,681

Every month this lease reported (227)

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

227 months

May 202601,216106.413.05$3,704
Apr 20260898.932.87$23
Mar 20260089.753.15$0
Feb 20260063.503.75$0
Jan 20260159.138.00$8
Dec 20250156.664.41$4
Nov 20250458.593.93$16
Oct 202503059.383.30$99
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 20251062.363.54$62
Mar 20251067.704.27$68
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 20241075.632.06$76
Jul 20240079.932.15$0
Jun 2024012878.082.63$337
May 2024033878.812.20$743
Apr 2024181984.451.66$1,443
Mar 2024191280.301.55$1,489
Feb 2024019376.091.78$344
Jan 202408373.023.30$274
Dec 202309271.262.61$240
Nov 202304077.892.81$112
Oct 2023014285.443.09$438
Sep 202302,44689.042.74$6,690
Aug 2023056880.522.67$1,518
Jul 2023025974.852.64$684
Jun 2023011168.962.26$251
May 2023037470.622.23$833
Apr 2023060778.122.24$1,358
Mar 2023187372.852.39$2,162
Feb 202301,13175.112.47$2,789
Jan 2023091776.533.39$3,107
Dec 202201,13576.415.73$6,503
Nov 202201,16485.005.65$6,572
Oct 202201,16987.185.86$6,855
Sep 202201,16384.888.16$9,494
Aug 202201,41894.529.13$12,942
Jul 202201,386101.587.54$10,453
Jun 202201,405115.097.98$11,208
May 202201,820109.378.43$15,348
Apr 202211,760104.226.84$12,138
Mar 202201,762108.885.08$8,945
Feb 202201,53591.054.86$7,458
Jan 202201,74081.844.54$7,896
Dec 202101,80371.323.90$7,030
Nov 202101,73177.435.24$9,065
Oct 202101,84879.795.71$10,559
Sep 202101,58869.865.35$8,497
Aug 202101,56666.024.22$6,609
Jul 202101,50470.783.98$5,989
Jun 202111,45369.493.38$4,982
May 202101,74663.483.02$5,269
Apr 202101,72160.362.76$4,747
Mar 202101,86961.302.72$5,078
Feb 2021096957.805.55$5,376
Jan 202101,66250.412.81$4,671
Dec 202001,51644.642.68$4,056
Nov 202001,43938.772.71$3,895
Oct 202001,60936.972.48$3,988
Sep 202001,54837.091.99$3,082
Aug 202001,58939.982.39$3,790
Jul 202001,58438.371.83$2,891
Jun 202001,62334.901.69$2,743
May 202001,63016.921.81$2,958
Apr 202001,66814.751.80$3,010
Mar 202001,70030.341.86$3,156
Feb 202001,63749.881.98$3,242
Jan 202001,79757.252.09$3,764
Dec 201901,79459.012.30$4,134
Nov 201901,55155.302.75$4,266
Oct 201901,64953.472.42$3,988
Sep 201901,71055.052.66$4,544
Aug 201901,79553.112.30$4,136
Jul 201901,72456.272.46$4,241
Jun 201901,74852.782.49$4,355
May 201901,81158.482.74$4,963
Apr 201901,66562.632.75$4,580
Mar 201901,74056.803.06$5,328
Feb 201901,48650.852.79$4,149
Jan 201901,60846.033.23$5,191
Dec 201801,38046.594.19$5,776
Nov 201801,49952.934.24$6,352
Oct 201801,64061.443.40$5,573
Sep 201801,80559.543.11$5,610
Aug 201801,68659.403.07$5,170
Jul 201801,92665.142.93$5,647
Jun 201801,73360.183.08$5,332
May 201801,84765.382.90$5,358
Apr 201801,48463.842.90$4,305
Mar 201801,79361.222.79$4,997
Feb 201801,45961.782.77$4,036
Jan 201801,76462.874.01$7,072
Dec 201701,76757.272.92$5,162
Nov 201701,95855.423.12$6,106
Oct 201702,02549.292.98$6,042
Sep 201702,10147.523.09$6,486
Aug 201702,19245.373.00$6,586
Jul 201702,26143.873.09$6,980
Jun 201702,22242.493.09$6,860
May 201702,39645.373.26$7,819
Apr 201702,39947.933.21$7,705
Mar 201702,49846.772.98$7,453
Feb 201702,38450.452.95$7,039
Jan 201722,24049.413.42$7,757
Dec 201602,51548.763.72$9,363
Nov 201602,40342.492.64$6,354
Oct 201602,51946.193.09$7,784
Sep 201612,46741.553.10$7,691
Aug 201602,32541.442.92$6,799
Jul 201602,35141.622.92$6,875
Jun 201602,32345.352.69$6,239
May 201602,49542.521.99$4,968
Apr 201602,54136.561.99$5,059
Mar 201602,61933.011.79$4,699
Feb 201602,42526.472.06$5,004
Jan 201602,54927.352.36$6,027
Dec 201502,61532.362.00$5,234
Nov 201502,67238.792.17$5,791
Oct 201502,56943.552.43$6,234
Sep 201502,41742.992.76$6,667
Aug 201502,43640.162.87$6,997
Jul 201502,52248.152.95$7,427
Jun 201502,56956.152.88$7,406
May 201502,60855.212.96$7,708
Apr 201512,33849.822.71$6,378
Mar 201502,34442.892.93$6,879
Feb 201502,27644.662.98$6,774
Jan 201502,64843.433.10$8,210
Dec 201402,60954.693.59$9,370
Nov 201402,56670.464.25$10,910
Oct 201402,76878.303.90$10,798
Sep 201412,69186.164.05$10,972
Aug 201402,77689.394.04$11,201
Jul 201402,79996.564.18$11,699
Jun 201402,76098.164.74$13,074
May 201402,98294.734.73$14,095
Apr 201402,71995.944.81$13,076
Mar 201402,84395.895.06$14,376
Feb 201412,63497.406.19$16,407
Jan 201403,22790.404.86$15,686
Dec 201302,85191.824.35$12,415
Nov 201302,99188.853.74$11,181
Oct 201303,46097.423.78$13,077
Sep 201303,524104.113.72$13,101
Aug 201303,570104.253.52$12,576
Jul 201303,775102.523.72$14,034
Jun 201313,77494.403.93$14,939
May 201303,79594.834.15$15,746
Apr 201303,68993.964.28$15,798
Mar 201303,66893.623.91$14,352
Feb 201303,37291.233.42$11,532
Jan 201304,06091.603.42$13,885
Dec 201204,09786.773.42$14,012
Nov 201203,73886.953.62$13,550
Oct 201204,08589.383.40$13,888
Sep 201204,08694.672.92$11,925
Aug 201204,39792.662.91$12,787
Jul 201204,33985.133.02$13,107
Jun 201204,38379.822.52$11,041
May 201204,69791.612.49$11,688
Apr 201204,495101.652.00$8,976
Mar 201205,092105.052.22$11,315
Feb 201204,413101.102.57$11,342
Jan 201204,28498.092.73$11,713
Dec 201104,38896.873.24$14,216
Nov 201103,66495.723.31$12,133
Oct 201104,56684.983.65$16,659
Sep 201104,95683.623.99$19,754
Aug 201105,32583.404.15$22,095
Jul 201103,39094.144.52$15,313
Jun 201105,50092.904.64$25,519
May 201105,56098.134.40$24,491
Apr 201104,713105.964.33$20,423
Mar 201105,15396.364.06$20,907
Feb 201101,28985.644.18$5,388
Jan 20110086.504.59$0
Dec 201005,21685.734.35$22,678
Nov 201005,64280.843.80$21,413
Oct 201006,85378.103.51$24,046
Sep 201007,65472.633.98$30,459
Aug 201005,47073.684.42$24,174
Jul 201005,07072.554.74$24,014
Jun 201005,81170.364.91$28,534
May 201006,63971.124.24$28,118
Apr 201005,29181.694.12$21,813
Mar 201008,45978.394.39$37,124
Feb 201007,70373.585.44$41,923
Jan 201004,79174.365.96$28,574
Dec 200903,71371.445.48$20,361
Nov 2009035974.593.75$1,347
Oct 200907,39172.544.11$30,379
Sep 200907,50165.543.06$22,989
Aug 200908,49567.423.22$27,341
Jul 200908,23361.133.46$28,523
Jun 200903,67966.163.90$14,330
May 200903,49454.743.93$13,717
Apr 200907,02346.773.59$25,195
Mar 200901,30242.144.06$5,285
Feb 200907,50432.814.63$34,766
Jan 2009010,63035.865.37$57,094
Dec 200809,12237.105.98$54,523
Nov 200808,58955.496.86$58,924
Oct 2008010,05075.246.92$69,566
Sep 200806,651101.767.88$52,391
Aug 200807,248114.228.48$61,485
Jul 2008013,461131.0811.39$153,313
Jun 2008011,232131.3313.03$146,383
May 200809,738123.1711.57$112,710
Apr 2008013,717110.3110.45$143,409
Mar 200806,479101.909.66$62,614
Feb 200808,77592.538.77$76,962
Jan 2008076490.388.21$6,269
Dec 200707,40988.337.30$54,100
Nov 2007020,13891.677.29$146,840
Oct 2007025,33882.856.92$175,389
Sep 2007029,67275.846.24$185,277
Aug 2007040,58369.066.39$259,242
Jul 2007025,94770.906.39$165,748

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                1,216 Mcf  × $  3.05 =     $3,704

────────────────────────────────────────────────────
Month total                                   $3,704

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/251556 is the state's own key, not one this site invented.