LEONARD

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 251788District 09Field 65280200GasSaveExport
Value, all time
$3.2 M
Oct 2008 – May 2026
Value, last 12 filed months
$25 k
at the published price for each month
Months reported
212
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
GasProduction819,884 Mcf$3,231,809
Total$3,231,809

Every month this lease reported (212)

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

212 months

May 2026590106.413.05$1,797
Apr 202649498.932.87$1,418
Mar 202677889.753.15$2,450
Feb 202669963.503.75$2,621
Jan 202689959.138.00$7,190
Dec 202525556.664.41$1,125
Nov 202541658.593.93$1,633
Oct 202511159.383.30$367
Sep 20253462.743.08$105
Aug 202532363.933.01$974
Jul 202591066.743.32$3,017
Jun 202581466.483.13$2,547
May 20251,13960.553.23$3,682
Apr 20251,05862.363.54$3,749
Mar 202575467.704.27$3,218
Feb 202595370.884.34$4,137
Jan 20251,40274.324.28$5,999
Dec 20241,52968.993.12$4,773
Nov 20241,84269.052.20$4,050
Oct 20241,52171.372.28$3,470
Sep 202483869.612.36$1,981
Aug 202486275.632.06$1,779
Jul 20241,17179.932.15$2,514
Jun 20241,40778.082.63$3,706
May 20241,38978.812.20$3,054
Apr 202438284.451.66$634
Mar 20248180.301.55$125
Feb 20241,33476.091.78$2,379
Jan 20241,78673.023.30$5,890
Dec 20231,91371.262.61$4,994
Nov 20231,84877.892.81$5,188
Oct 20231,58285.443.09$4,884
Sep 20231,76589.042.74$4,827
Aug 20231,75780.522.67$4,696
Jul 20231,70674.852.64$4,507
Jun 20231,76068.962.26$3,975
May 20231,99970.622.23$4,453
Apr 20232,00278.122.24$4,480
Mar 20232,02472.852.39$4,844
Feb 20231,77575.112.47$4,377
Jan 20231,67476.533.39$5,671
Dec 20221,82976.415.73$10,478
Nov 20221,87485.005.65$10,581
Oct 20221,55487.185.86$9,112
Sep 20221,23984.888.16$10,115
Aug 20221,43694.529.13$13,107
Jul 20221,575101.587.54$11,879
Jun 20221,688115.097.98$13,466
May 20221,866109.378.43$15,736
Apr 20221,886104.226.84$12,896
Mar 20222,066108.885.08$10,488
Feb 20221,92991.054.86$9,373
Jan 20222,22681.844.54$10,101
Dec 20212,23271.323.90$8,703
Nov 20212,26677.435.24$11,867
Oct 20212,31979.795.71$13,250
Sep 20212,31769.865.35$12,398
Aug 20212,25266.024.22$9,505
Jul 20211,72870.783.98$6,881
Jun 20211,81769.493.38$6,143
May 20212,13163.483.02$6,431
Apr 20212,18260.362.76$6,019
Mar 20212,27661.302.72$6,184
Feb 20211,41357.805.55$7,839
Jan 20212,19250.412.81$6,160
Dec 20201,62744.642.68$4,353
Nov 20201,74938.772.71$4,734
Oct 20201,89136.972.48$4,687
Sep 20202,25037.091.99$4,480
Aug 20202,29239.982.39$5,467
Jul 20202,63838.371.83$4,815
Jun 20202,67034.901.69$4,513
May 20202,84416.921.81$5,161
Apr 20202,79914.751.80$5,050
Mar 20203,00230.341.86$5,572
Feb 20202,95549.881.98$5,853
Jan 20202,93657.252.09$6,150
Dec 20192,23659.012.30$5,153
Nov 20192,04755.302.75$5,631
Oct 20192,48353.472.42$6,005
Sep 20192,52855.052.66$6,718
Aug 20192,28953.112.30$5,275
Jul 20192,54656.272.46$6,263
Jun 20192,28152.782.49$5,682
May 20192,41658.482.74$6,621
Apr 20192,89862.632.75$7,972
Mar 20192,73056.803.06$8,360
Feb 20192,51950.852.79$7,034
Jan 20192,92146.033.23$9,430
Dec 20183,07546.594.19$12,870
Nov 20182,67652.934.24$11,339
Oct 20183,18861.443.40$10,833
Sep 20183,21959.543.11$10,005
Aug 20183,20359.403.07$9,822
Jul 20183,30265.142.93$9,681
Jun 20182,83460.183.08$8,720
May 20183,00765.382.90$8,723
Apr 20182,81163.842.90$8,154
Mar 20182,70561.222.79$7,538
Feb 20182,51761.782.77$6,962
Jan 20181,65162.874.01$6,619
Dec 20172,64757.272.92$7,733
Nov 20172,58955.423.12$8,073
Oct 20172,76649.292.98$8,253
Sep 20172,75047.523.09$8,490
Aug 20172,70445.373.00$8,124
Jul 20172,65543.873.09$8,197
Jun 20172,79542.493.09$8,629
May 20173,58245.373.26$11,690
Apr 20173,59747.933.21$11,552
Mar 20173,61446.772.98$10,783
Feb 20172,92250.452.95$8,628
Jan 20172,92949.413.42$10,014
Dec 20162,99448.763.72$11,146
Nov 20163,42242.492.64$9,049
Oct 20163,57546.193.09$11,048
Sep 20162,26841.553.10$7,032
Aug 20162,92441.442.92$8,551
Jul 20163,33941.622.92$9,764
Jun 20162,95645.352.69$7,939
May 20162,47142.521.99$4,920
Apr 20162,03036.561.99$4,042
Mar 20162,19333.011.79$3,934
Feb 20161,60026.472.06$3,302
Jan 201669427.352.36$1,641
Dec 201580532.362.00$1,611
Nov 201533438.792.17$724
Oct 20153,09943.552.43$7,520
Sep 20153,05442.992.76$8,424
Aug 20154,12640.162.87$11,852
Jul 20153,68248.152.95$10,844
Jun 20153,70356.152.88$10,675
May 2015055.212.96$0
Apr 20152,14949.822.71$5,816
Mar 20152,04142.892.93$5,990
Feb 20151,84144.662.98$5,479
Jan 20151,31443.433.10$4,074
Dec 20148254.693.59$294
Nov 20144,46570.464.25$18,984
Oct 20144,32278.303.90$16,860
Sep 20144,61386.164.05$18,662
Aug 20144,36589.394.04$17,613
Jul 20143,05696.564.18$12,773
Jun 20142,15298.164.74$10,194
May 20143,34294.734.73$15,796
Apr 20142,53395.944.81$12,182
Mar 20142,72895.895.06$13,795
Feb 20142,72097.406.19$16,842
Jan 20143,38290.404.86$16,439
Dec 20134,62591.824.35$20,139
Nov 20134,39488.853.74$16,426
Oct 20133,97597.423.78$15,023
Sep 20134,329104.113.72$16,094
Aug 20134,721104.253.52$16,630
Jul 20134,522102.523.72$16,812
Jun 20131,98794.403.93$7,816
May 20133,06394.834.15$12,709
Apr 20134,43993.964.28$19,010
Mar 20133,33793.623.91$13,057
Feb 20133,12791.233.42$10,694
Jan 20133,18791.603.42$10,899
Dec 20123,03686.773.42$10,384
Nov 20122,90286.953.62$10,520
Oct 20123,32089.383.40$11,287
Sep 20124,75094.672.92$13,862
Aug 20125,02592.662.91$14,614
Jul 20125,31585.133.02$16,056
Jun 20124,92579.822.52$12,406
May 20124,97391.612.49$12,374
Apr 20125,155101.652.00$10,294
Mar 20125,607105.052.22$12,459
Feb 20125,398101.102.57$13,874
Jan 20125,83298.092.73$15,945
Dec 20115,65196.873.24$18,308
Nov 20115,31795.723.31$17,606
Oct 20116,05684.983.65$22,096
Sep 20115,91683.623.99$23,580
Aug 20116,28883.404.15$26,091
Jul 20116,74594.144.52$30,469
Jun 20116,59492.904.64$30,595
May 20116,88998.134.40$30,345
Apr 20116,450105.964.33$27,950
Mar 20116,59896.364.06$26,770
Feb 20115,01085.644.18$20,942
Jan 20117,72186.504.59$35,430
Dec 20108,24785.734.35$35,856
Nov 20107,16380.843.80$27,186
Oct 20107,37478.103.51$25,875
Sep 20109,34572.633.98$37,188
Aug 20109,48673.684.42$41,922
Jul 201010,83972.554.74$51,339
Jun 201010,86770.364.91$53,361
May 201011,38871.124.24$48,231
Apr 2010081.694.12$0
Mar 201010,01978.394.39$43,970
Feb 20105,25773.585.44$28,610
Jan 201010,08374.365.96$60,136
Dec 20099,62471.445.48$52,776
Nov 20098,91574.593.75$33,445
Oct 200912,28272.544.11$50,482
Sep 200912,40565.543.06$38,018
Aug 200914,06367.423.22$45,262
Jul 200915,02861.133.46$52,065
Jun 200913,58666.163.90$52,917
May 200915,33754.743.93$60,209
Apr 200914,13346.773.59$50,702
Mar 200911,81142.144.06$47,941
Feb 200911,85132.814.63$54,906
Jan 200922,00035.865.37$118,162
Dec 200825,30537.105.98$151,252
Nov 200834,59855.496.86$237,355
Oct 20084,17175.246.92$28,872

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                  590 Mcf  × $  3.05 =     $1,797

────────────────────────────────────────────────────
Month total                                   $1,797

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/251788 is the state's own key, not one this site invented.