FERGUSON FOUNDATION

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 251785District 09Field 65280200GasSaveExport
Value, all time
$7.3 M
Feb 2009 – May 2026
Value, last 12 filed months
$132 k
at the published price for each month
Months reported
208
no gaps in the span
Streams
1
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
GasProduction1,973,816 Mcf$7,279,620
Total$7,279,620

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 20263,819106.413.05$11,632
Apr 20263,49898.932.87$10,038
Mar 20263,15189.753.15$9,924
Feb 20262,68963.503.75$10,085
Jan 20263,13659.138.00$25,081
Dec 20252,70156.664.41$11,920
Nov 20252,61958.593.93$10,283
Oct 20253,10559.383.30$10,262
Sep 2025062.743.08$0
Aug 20252,55663.933.01$7,706
Jul 20253,69266.743.32$12,240
Jun 20254,12266.483.13$12,897
May 20254,35860.553.23$14,086
Apr 20254,21362.363.54$14,927
Mar 20254,48667.704.27$19,148
Feb 20254,19870.884.34$18,223
Jan 20254,33174.324.28$18,531
Dec 20244,47568.993.12$13,968
Nov 20244,44269.052.20$9,765
Oct 20243,48971.372.28$7,960
Sep 20243,38569.612.36$8,003
Aug 20243,18375.632.06$6,569
Jul 20243,11479.932.15$6,684
Jun 20245,77678.082.63$15,214
May 20242,76378.812.20$6,074
Apr 20242,78284.451.66$4,616
Mar 20243,16980.301.55$4,897
Feb 20242,74376.091.78$4,893
Jan 20243,27573.023.30$10,800
Dec 20233,59471.262.61$9,383
Nov 20233,68977.892.81$10,357
Oct 20233,77485.443.09$11,651
Sep 20233,81589.042.74$10,434
Aug 20233,57980.522.67$9,566
Jul 20233,36774.852.64$8,895
Jun 20233,44568.962.26$7,780
May 20233,72070.622.23$8,286
Apr 20233,97978.122.24$8,904
Mar 20234,52972.852.39$10,839
Feb 20234,33875.112.47$10,696
Jan 20234,90976.533.39$16,630
Dec 20224,75676.415.73$27,248
Nov 20224,71685.005.65$26,627
Oct 20225,04487.185.86$29,577
Sep 20224,99984.888.16$40,810
Aug 20225,23294.529.13$47,753
Jul 20225,278101.587.54$39,807
Jun 20225,110115.097.98$40,763
May 20225,337109.378.43$45,007
Apr 20225,144104.226.84$35,173
Mar 20225,390108.885.08$27,362
Feb 20224,94491.054.86$24,022
Jan 20225,54281.844.54$25,148
Dec 20215,64471.323.90$22,007
Nov 20215,27277.435.24$27,609
Oct 20211,96379.795.71$11,216
Sep 20211,74769.865.35$9,348
Aug 20211,88866.024.22$7,968
Jul 20212,09970.783.98$8,358
Jun 20212,23269.493.38$7,546
May 20212,41463.483.02$7,285
Apr 20212,53460.362.76$6,990
Mar 20212,75461.302.72$7,482
Feb 20213,24857.805.55$18,020
Jan 20215,11750.412.81$14,380
Dec 20205,16944.642.68$13,829
Nov 20205,17138.772.71$13,996
Oct 20205,42336.972.48$13,441
Sep 20205,28237.091.99$10,517
Aug 20205,52039.982.39$13,166
Jul 20205,60138.371.83$10,223
Jun 20205,42834.901.69$9,175
May 20205,70116.921.81$10,346
Apr 20205,68514.751.80$10,258
Mar 20205,98930.341.86$11,117
Feb 20205,58649.881.98$11,064
Jan 20205,58857.252.09$11,705
Dec 20194,07359.012.30$9,386
Nov 20194,83755.302.75$13,305
Oct 20196,15953.472.42$14,896
Sep 20195,93755.052.66$15,776
Aug 20196,24753.112.30$14,395
Jul 20196,25956.272.46$15,398
Jun 20196,04352.782.49$15,054
May 20196,12558.482.74$16,784
Apr 20195,99862.632.75$16,499
Mar 20196,33656.803.06$19,401
Feb 20195,82050.852.79$16,251
Jan 20196,57546.033.23$21,225
Dec 20186,42646.594.19$26,896
Nov 20186,49452.934.24$27,517
Oct 20186,82561.443.40$23,192
Sep 20186,57959.543.11$20,448
Aug 20186,78259.403.07$20,797
Jul 20186,71065.142.93$19,673
Jun 20186,57860.183.08$20,240
May 20186,75065.382.90$19,580
Apr 20186,47863.842.90$18,791
Mar 20186,18361.222.79$17,231
Feb 20185,80361.782.77$16,052
Jan 20186,57362.874.01$26,353
Dec 20176,39357.272.92$18,677
Nov 20176,91355.423.12$21,557
Oct 20176,77049.292.98$20,200
Sep 20176,70647.523.09$20,703
Aug 20176,57045.373.00$19,739
Jul 20176,72743.873.09$20,768
Jun 20176,49142.493.09$20,040
May 20175,50045.373.26$17,949
Apr 20174,74247.933.21$15,229
Mar 20175,70646.772.98$17,025
Feb 20175,26050.452.95$15,531
Jan 20175,05849.413.42$17,292
Dec 20166,37348.763.72$23,726
Nov 20167,26642.492.64$19,214
Oct 20168,33546.193.09$25,757
Sep 20166,73041.553.10$20,867
Aug 20167,52841.442.92$22,014
Jul 20167,72241.622.92$22,582
Jun 20167,40145.352.69$19,878
May 20167,22942.521.99$14,393
Apr 20167,71536.561.99$15,361
Mar 20168,22733.011.79$14,759
Feb 20167,75826.472.06$16,010
Jan 20168,43727.352.36$19,948
Dec 20158,46032.362.00$16,932
Nov 20158,79638.792.17$19,064
Oct 20159,28643.552.43$22,533
Sep 20158,94542.992.76$24,674
Aug 20159,41840.162.87$27,053
Jul 20159,30448.152.95$27,401
Jun 20158,38656.152.88$24,176
May 20158,85855.212.96$26,179
Apr 20159,29949.822.71$25,168
Mar 20159,48642.892.93$27,839
Feb 20158,52744.662.98$25,378
Jan 20159,14743.433.10$28,361
Dec 20149,16054.693.59$32,897
Nov 20148,97470.464.25$38,156
Oct 20148,98178.303.90$35,035
Sep 20148,33386.164.05$33,711
Aug 20148,57589.394.04$34,601
Jul 20148,74196.564.18$36,534
Jun 20147,95398.164.74$37,672
May 20148,35594.734.73$39,490
Apr 20149,41595.944.81$45,278
Mar 201410,29995.895.06$52,080
Feb 20148,84397.406.19$54,756
Jan 20149,67190.404.86$47,008
Dec 201310,52391.824.35$45,822
Nov 20139,95088.853.74$37,196
Oct 201310,54397.423.78$39,846
Sep 201311,707104.113.72$43,524
Aug 201312,312104.253.52$43,370
Jul 201312,592102.523.72$46,814
Jun 201312,31494.403.93$48,436
May 201313,17294.834.15$54,652
Apr 201313,27393.964.28$56,843
Mar 201313,64993.623.91$53,407
Feb 201312,11091.233.42$41,415
Jan 201313,15791.603.42$44,996
Dec 201210,49886.773.42$35,905
Nov 20129,22386.953.62$33,433
Oct 20129,54089.383.40$32,433
Sep 201210,65794.672.92$31,101
Aug 201210,56292.662.91$30,716
Jul 201210,57685.133.02$31,948
Jun 20129,27179.822.52$23,354
May 201210,28991.612.49$25,602
Apr 201212,403101.652.00$24,766
Mar 201214,854105.052.22$33,007
Feb 201215,158101.102.57$38,960
Jan 201216,05898.092.73$43,904
Dec 201116,54396.873.24$53,595
Nov 201114,31795.723.31$47,408
Oct 201114,32384.983.65$52,258
Sep 201115,55183.623.99$61,983
Aug 201117,66783.404.15$73,306
Jul 201117,04294.144.52$76,983
Jun 201116,57492.904.64$76,901
May 201118,03798.134.40$79,450
Apr 201118,287105.964.33$79,243
Mar 201119,94296.364.06$80,911
Feb 201117,66985.644.18$73,856
Jan 201118,70686.504.59$85,838
Dec 201019,91085.734.35$86,564
Nov 201020,20480.843.80$76,681
Oct 201021,10378.103.51$74,048
Sep 201021,04572.633.98$83,748
Aug 201023,55673.684.42$104,102
Jul 201024,13672.554.74$114,320
Jun 201023,51370.364.91$115,458
May 201026,14871.124.24$110,743
Apr 201025,46481.694.12$104,980
Mar 201026,25978.394.39$115,242
Feb 201023,70073.585.44$128,984
Jan 201027,26474.365.96$162,605
Dec 200922,39771.445.48$122,820
Nov 200928,64474.593.75$107,458
Oct 200930,69772.544.11$126,172
Sep 200930,86365.543.06$94,587
Aug 200934,29467.423.22$110,375
Jul 200937,08961.133.46$128,495
Jun 200937,28066.163.90$145,206
May 200941,25954.743.93$161,973
Apr 200943,17646.773.59$154,894
Mar 200949,13342.144.06$199,431
Feb 20099,71932.814.63$45,028

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
Gas                3,819 Mcf  × $  3.05 =    $11,632

────────────────────────────────────────────────────
Month total                                  $11,632

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/251785 is the state's own key, not one this site invented.