KTV CADDO

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 251774District 09Field 65280200CondensateGasSaveExport
Value, all time
$6.4 M
Feb 2009 – May 2026
Value, last 12 filed months
$51 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
CondensateDisposition60 bbl$4,762
GasProduction1,734,473 Mcf$6,386,168
Total$6,390,930

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 202621,413106.413.05$4,517
Apr 202641,50998.932.87$4,726
Mar 2026431989.753.15$1,364
Feb 20261063.503.75$64
Jan 202601,18559.138.00$9,478
Dec 202511,53156.664.41$6,814
Nov 202511,30758.593.93$5,190
Oct 202511,45759.383.30$4,875
Sep 202511,15362.743.08$3,610
Aug 2025098063.933.01$2,954
Jul 202511,03366.743.32$3,491
Jun 202531,34066.483.13$4,392
May 202521,41660.553.23$4,698
Apr 202521,23862.363.54$4,511
Mar 202531,45967.704.27$6,431
Feb 202501,59670.884.34$6,928
Jan 202511,20474.324.28$5,226
Dec 202411,48068.993.12$4,689
Nov 202411,75969.052.20$3,936
Oct 202411,83571.372.28$4,258
Sep 202401,59569.612.36$3,771
Aug 20241075.632.06$76
Jul 202411,68879.932.15$3,703
Jun 202411,56078.082.63$4,187
May 202421,76178.812.20$4,029
Apr 202411,96984.451.66$3,351
Mar 202411,72080.301.55$2,738
Feb 202401,95476.091.78$3,485
Jan 202401,79673.023.30$5,923
Dec 202302,28571.262.61$5,966
Nov 202302,24177.892.81$6,292
Oct 202302,28685.443.09$7,058
Sep 202312,33589.042.74$6,475
Aug 202312,42180.522.67$6,552
Jul 202312,45874.852.64$6,568
Jun 202312,24968.962.26$5,148
May 202312,10870.622.23$4,766
Apr 202312,32778.122.24$5,285
Mar 202322,63072.852.39$6,440
Feb 202311,91275.112.47$4,789
Jan 202302,47576.533.39$8,385
Dec 202212,12576.415.73$12,251
Nov 202202,51185.005.65$14,178
Oct 202202,74387.185.86$16,084
Sep 202212,60784.888.16$21,368
Aug 202202,74294.529.13$25,027
Jul 202212,539101.587.54$19,251
Jun 202212,517115.097.98$20,194
May 202212,664109.378.43$22,575
Apr 202222,637104.226.84$18,239
Mar 202212,844108.885.08$14,546
Feb 202212,08691.054.86$10,227
Jan 202212,68781.844.54$12,275
Dec 202102,88071.323.90$11,229
Nov 202102,86677.435.24$15,009
Oct 202113,03279.795.71$17,404
Sep 202102,96069.865.35$15,839
Aug 202113,14766.024.22$13,348
Jul 202102,80670.783.98$11,174
Jun 202112,71169.493.38$9,234
May 202112,96063.483.02$8,996
Apr 202103,23860.362.76$8,932
Mar 202103,53261.302.72$9,596
Feb 202102,34357.805.55$12,999
Jan 202103,31150.412.81$9,305
Dec 202003,54444.642.68$9,482
Nov 202003,25438.772.71$8,807
Oct 202003,66336.972.48$9,078
Sep 202003,15837.091.99$6,288
Aug 202003,48339.982.39$8,307
Jul 202003,70338.371.83$6,758
Jun 202003,45834.901.69$5,845
May 202003,65216.921.81$6,627
Apr 202003,67314.751.80$6,627
Mar 202003,80630.341.86$7,065
Feb 202003,66849.881.98$7,265
Jan 202003,77257.252.09$7,901
Dec 201904,04759.012.30$9,326
Nov 201903,92155.302.75$10,785
Oct 201904,27053.472.42$10,327
Sep 201904,33655.052.66$11,522
Aug 201904,55253.112.30$10,489
Jul 201904,80856.272.46$11,828
Jun 201904,68052.782.49$11,659
May 201904,73458.482.74$12,973
Apr 201904,57562.632.75$12,584
Mar 201904,68456.803.06$14,343
Feb 201904,21750.852.79$11,775
Jan 201905,02746.033.23$16,228
Dec 201805,15346.594.19$21,568
Nov 201805,19752.934.24$22,021
Oct 201805,46561.443.40$18,571
Sep 201805,06459.543.11$15,739
Aug 201805,34759.403.07$16,397
Jul 201805,52665.142.93$16,202
Jun 201805,27060.183.08$16,215
May 201805,34665.382.90$15,508
Apr 201805,40163.842.90$15,667
Mar 201805,63461.222.79$15,701
Feb 201805,02961.782.77$13,911
Jan 201805,65762.874.01$22,681
Dec 201705,71857.272.92$16,705
Nov 201705,49455.423.12$17,132
Oct 201705,56449.292.98$16,601
Sep 201705,50647.523.09$16,999
Aug 201705,71245.373.00$17,161
Jul 201705,69743.873.09$17,588
Jun 201705,77842.493.09$17,838
May 201706,03845.373.26$19,704
Apr 201705,95747.933.21$19,132
Mar 201706,08546.772.98$18,156
Feb 201705,64450.452.95$16,664
Jan 201706,41049.413.42$21,915
Dec 201606,46448.763.72$24,064
Nov 201606,48142.492.64$17,138
Oct 201606,88846.193.09$21,286
Sep 201606,65541.553.10$20,635
Aug 201606,71041.442.92$19,622
Jul 201606,70241.622.92$19,599
Jun 201606,53545.352.69$17,552
May 201606,91542.521.99$13,768
Apr 201606,83236.561.99$13,603
Mar 201607,14133.011.79$12,811
Feb 201606,59826.472.06$13,616
Jan 201606,79627.352.36$16,068
Dec 201507,08232.362.00$14,174
Nov 201506,94938.792.17$15,061
Oct 201507,39243.552.43$17,937
Sep 201507,15442.992.76$19,734
Aug 201507,49640.162.87$21,532
Jul 201507,62648.152.95$22,459
Jun 201507,42056.152.88$21,391
May 201507,91755.212.96$23,398
Apr 201507,72249.822.71$20,900
Mar 201507,94942.892.93$23,328
Feb 201507,32744.662.98$21,807
Jan 201508,24143.433.10$25,552
Dec 201408,36354.693.59$30,035
Nov 201408,23970.464.25$35,031
Oct 201408,65778.303.90$33,771
Sep 201408,49286.164.05$34,354
Aug 201408,83389.394.04$35,642
Jul 201408,80296.564.18$36,789
Jun 201408,69998.164.74$41,206
May 201409,07294.734.73$42,879
Apr 201408,56495.944.81$41,185
Mar 201409,07695.895.06$45,896
Feb 201408,69397.406.19$53,827
Jan 201408,82590.404.86$42,896
Dec 201309,29491.824.35$40,471
Nov 201309,23688.853.74$34,527
Oct 201309,97797.423.78$37,707
Sep 201309,911104.113.72$36,847
Aug 2013010,195104.253.52$35,913
Jul 2013010,393102.523.72$38,638
Jun 201309,91394.403.93$38,992
May 2013010,74194.834.15$44,565
Apr 2013010,28193.964.28$44,029
Mar 2013010,77093.623.91$42,142
Feb 201309,75391.233.42$33,354
Jan 2013011,52991.603.42$39,428
Dec 2012011,26486.773.42$38,525
Nov 2012011,34186.953.62$41,111
Oct 2012011,82989.383.40$40,215
Sep 2012012,13494.672.92$35,412
Aug 2012012,73092.662.91$37,021
Jul 2012013,03685.133.02$39,379
Jun 2012012,80379.822.52$32,251
May 2012013,51291.612.49$33,622
Apr 2012013,587101.652.00$27,131
Mar 2012014,307105.052.22$31,791
Feb 2012013,822101.102.57$35,526
Jan 2012015,47198.092.73$42,299
Dec 2011016,17296.873.24$52,393
Nov 2011016,47295.723.31$54,543
Oct 2011017,99284.983.65$65,645
Sep 2011016,18483.623.99$64,506
Aug 2011013,66383.404.15$56,692
Jul 2011016,36694.144.52$73,929
Jun 2011014,61592.904.64$67,812
May 2011012,25698.134.40$53,985
Apr 2011017,961105.964.33$77,830
Mar 2011018,62196.364.06$75,552
Feb 2011017,24785.644.18$72,092
Jan 201102,45986.504.59$11,284
Dec 2010096685.734.35$4,200
Nov 2010016,78680.843.80$63,708
Oct 201007,60078.103.51$26,668
Sep 2010011,29972.633.98$44,964
Aug 2010022,60873.684.42$99,913
Jul 2010024,50272.554.74$116,053
Jun 2010013,33370.364.91$65,470
May 2010023,48371.124.24$99,456
Apr 2010030,04281.694.12$123,854
Mar 2010026,36978.394.39$115,725
Feb 2010024,46373.585.44$133,136
Jan 2010028,84474.365.96$172,028
Dec 2009031,60471.445.48$173,308
Nov 2009032,63574.593.75$122,430
Oct 2009036,78972.544.11$151,212
Sep 2009039,84965.543.06$122,127
Aug 2009046,84967.423.22$150,784
Jul 2009029,01761.133.46$100,529
Jun 20090066.163.90$0
May 2009031,56754.743.93$123,924
Apr 2009064,76546.773.59$232,344
Mar 2009088,33042.144.06$358,531
Feb 200905,78032.814.63$26,779

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             2 bbl  × $106.41 =       $213
Gas                1,413 Mcf  × $  3.05 =     $4,304

────────────────────────────────────────────────────
Month total                                   $4,517

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/251774 is the state's own key, not one this site invented.