V.L. CARRELL

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 251770District 09Field 65280200CondensateGasSaveExport
Value, all time
$6.9 M
Feb 2009 – May 2026
Value, last 12 filed months
$104 k
at the published price for each month
Months reported
208
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
CondensateDisposition30 bbl$2,378
GasProduction1,863,750 Mcf$6,848,318
Total$6,850,696

Every month this lease reported (208)

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

208 months

May 202602,331106.413.05$7,100
Apr 202692,62198.932.87$8,412
Mar 202682,47589.753.15$8,513
Feb 202602,35863.503.75$8,843
Jan 202621,76059.138.00$14,195
Dec 202533,11656.664.41$13,922
Nov 202551,37058.593.93$5,672
Oct 202501,86759.383.30$6,170
Sep 202532,40662.743.08$7,591
Aug 202502,45663.933.01$7,404
Jul 202502,39066.743.32$7,923
Jun 202502,69366.483.13$8,426
May 202502,61260.553.23$8,443
Apr 202502,46662.363.54$8,737
Mar 202502,39667.704.27$10,227
Feb 202502,67570.884.34$11,612
Jan 202502,70174.324.28$11,557
Dec 202401,91768.993.12$5,984
Nov 2024086669.052.20$1,904
Oct 202401,03171.372.28$2,352
Sep 202402,07669.612.36$4,908
Aug 202402,90075.632.06$5,985
Jul 202402,39079.932.15$5,130
Jun 202402,31178.082.63$6,087
May 202403,40078.812.20$7,475
Apr 202402,59584.451.66$4,306
Mar 202403,41880.301.55$5,281
Feb 202402,71876.091.78$4,848
Jan 202403,39573.023.30$11,196
Dec 202303,08671.262.61$8,057
Nov 202302,92177.892.81$8,201
Oct 202303,58085.443.09$11,052
Sep 202304,26889.042.74$11,673
Aug 202304,44280.522.67$11,873
Jul 202304,45374.852.64$11,764
Jun 202304,46368.962.26$10,080
May 202304,59170.622.23$10,226
Apr 202304,48978.122.24$10,045
Mar 202304,71272.852.39$11,277
Feb 202304,48375.112.47$11,054
Jan 202305,20376.533.39$17,626
Dec 202205,21976.415.73$29,900
Nov 202204,86985.005.65$27,491
Oct 202205,10387.185.86$29,923
Sep 202204,92684.888.16$40,214
Aug 202205,15894.529.13$47,078
Jul 202205,255101.587.54$39,634
Jun 202204,377115.097.98$34,916
May 202205,863109.378.43$49,443
Apr 202205,683104.226.84$38,858
Mar 202204,912108.885.08$24,935
Feb 202205,42491.054.86$26,354
Jan 202205,16181.844.54$23,419
Dec 202105,50171.323.90$21,449
Nov 202105,08477.435.24$26,624
Oct 202105,54779.795.71$31,695
Sep 202105,55469.865.35$29,719
Aug 202104,89466.024.22$20,656
Jul 202104,64970.783.98$18,513
Jun 202104,28469.493.38$14,483
May 202104,34363.483.02$13,106
Apr 202104,51660.362.76$12,457
Mar 202104,63161.302.72$12,582
Feb 202104,06357.805.55$22,541
Jan 202104,77550.412.81$13,419
Dec 202004,08644.642.68$10,932
Nov 202004,78338.772.71$12,946
Oct 202005,01436.972.48$12,427
Sep 202004,85237.091.99$9,661
Aug 202005,07839.982.39$12,112
Jul 202005,15838.371.83$9,414
Jun 202004,78434.901.69$8,086
May 202005,09816.921.81$9,252
Apr 202005,02814.751.80$9,072
Mar 202005,23730.341.86$9,721
Feb 202005,16949.881.98$10,238
Jan 202005,53857.252.09$11,601
Dec 201905,56959.012.30$12,833
Nov 201905,22555.302.75$14,372
Oct 201905,92353.472.42$14,325
Sep 201905,62055.052.66$14,934
Aug 201905,64853.112.30$13,015
Jul 201905,18256.272.46$12,748
Jun 201905,72352.782.49$14,257
May 201906,09158.482.74$16,691
Apr 201905,95662.632.75$16,383
Mar 201906,23756.803.06$19,098
Feb 201905,67050.852.79$15,832
Jan 201906,17146.033.23$19,921
Dec 201806,54946.594.19$27,410
Nov 201806,52152.934.24$27,631
Oct 201805,89761.443.40$20,038
Sep 201806,32059.543.11$19,643
Aug 201806,65359.403.07$20,402
Jul 201806,84365.142.93$20,063
Jun 201806,02660.183.08$18,542
May 201804,77565.382.90$13,851
Apr 201805,63363.842.90$16,340
Mar 201806,09761.222.79$16,991
Feb 201805,43061.782.77$15,020
Jan 201806,59062.874.01$26,421
Dec 201708,36157.272.92$24,427
Nov 201702,89055.423.12$9,012
Oct 201706,32649.292.98$18,875
Sep 201706,58547.523.09$20,330
Aug 201707,57145.373.00$22,746
Jul 201707,61843.873.09$23,519
Jun 201708,22342.493.09$25,387
May 201708,39545.373.26$27,396
Apr 201708,25947.933.21$26,525
Mar 201708,60346.772.98$25,669
Feb 201708,03950.452.95$23,736
Jan 201708,71549.413.42$29,795
Dec 201608,68248.763.72$32,322
Nov 201608,51142.492.64$22,506
Oct 201608,83646.193.09$27,306
Sep 201608,69541.553.10$26,960
Aug 201608,95341.442.92$26,182
Jul 201608,87541.622.92$25,954
Jun 201608,55845.352.69$22,985
May 201609,34442.521.99$18,604
Apr 201609,46436.561.99$18,843
Mar 201609,81533.011.79$17,608
Feb 201609,73126.472.06$20,081
Jan 201609,64327.352.36$22,800
Dec 2015010,22432.362.00$20,462
Nov 201508,44638.792.17$18,305
Oct 201509,76343.552.43$23,691
Sep 201506,65642.992.76$18,360
Aug 201505,57640.162.87$16,017
Jul 201505,97048.152.95$17,582
Jun 201505,76856.152.88$16,628
May 201505,44955.212.96$16,104
Apr 201505,67149.822.71$15,349
Mar 201506,08342.892.93$17,852
Feb 201505,57044.662.98$16,577
Jan 201505,78943.433.10$17,950
Dec 201406,64154.693.59$23,850
Nov 201406,08170.464.25$25,855
Oct 201407,49678.303.90$29,242
Sep 201407,27486.164.05$29,427
Aug 201405,31489.394.04$21,443
Jul 201406,74896.564.18$28,204
Jun 201406,40998.164.74$30,359
May 201408,20494.734.73$38,777
Apr 201406,97095.944.81$33,520
Mar 201407,52995.895.06$38,073
Feb 201408,98897.406.19$55,654
Jan 201409,47490.404.86$46,050
Dec 201308,99091.824.35$39,147
Nov 2013010,20688.853.74$38,153
Oct 2013010,46997.423.78$39,566
Sep 201309,891104.113.72$36,772
Aug 2013010,781104.253.52$37,977
Jul 2013010,746102.523.72$39,951
Jun 2013011,00094.403.93$43,268
May 2013011,32194.834.15$46,972
Apr 2013011,46293.964.28$49,087
Mar 2013011,14493.623.91$43,605
Feb 2013010,96391.233.42$37,492
Jan 2013012,06591.603.42$41,261
Dec 2012012,27686.773.42$41,986
Nov 2012011,77786.953.62$42,691
Oct 2012012,82689.383.40$43,604
Sep 2012012,77594.672.92$37,283
Aug 2012012,87892.662.91$37,451
Jul 2012012,90485.133.02$38,980
Jun 2012013,44379.822.52$33,863
May 2012012,72291.612.49$31,656
Apr 2012013,846101.652.00$27,648
Mar 2012012,541105.052.22$27,867
Feb 2012011,024101.102.57$28,334
Jan 2012012,51198.092.73$34,206
Dec 201104,21396.873.24$13,649
Nov 2011011,26995.723.31$37,315
Oct 2011012,09684.983.65$44,133
Sep 2011012,52683.623.99$49,926
Aug 2011012,17583.404.15$50,518
Jul 2011012,82194.144.52$57,916
Jun 2011012,93292.904.64$60,003
May 2011013,81298.134.40$60,839
Apr 2011015,008105.964.33$65,034
Mar 2011016,15596.364.06$65,546
Feb 2011014,67185.644.18$61,324
Jan 2011017,42686.504.59$79,964
Dec 2010017,45285.734.35$75,877
Nov 2010017,61480.843.80$66,851
Oct 2010018,24978.103.51$64,034
Sep 2010018,24072.633.98$72,586
Aug 2010019,34773.684.42$85,501
Jul 2010019,97772.554.74$94,621
Jun 2010020,31670.364.91$99,760
May 2010022,26271.124.24$94,284
Apr 20100081.694.12$0
Mar 2010023,22778.394.39$101,936
Feb 2010022,54973.585.44$122,720
Jan 2010021,16674.365.96$126,236
Dec 2009027,28171.445.48$149,602
Nov 2009027,60274.593.75$103,549
Oct 2009029,38872.544.11$120,792
Sep 2009030,58065.543.06$93,720
Aug 2009032,52367.423.22$104,675
Jul 2009034,92061.133.46$120,980
Jun 2009037,98866.163.90$147,963
May 2009043,51254.743.93$170,817
Apr 2009047,89546.773.59$171,823
Mar 2009060,34142.144.06$244,924
Feb 2009026,50532.814.63$122,798

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                2,331 Mcf  × $  3.05 =     $7,100

────────────────────────────────────────────────────
Month total                                   $7,100

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/251770 is the state's own key, not one this site invented.