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 251806District 09Field 65280200GasSaveExport
Value, all time
$1.1 M
Feb 2009 – May 2026
Value, last 12 filed months
$531
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
GasProduction278,579 Mcf$1,122,749
Total$1,122,749

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 202690106.413.05$274
Apr 2026098.932.87$0
Mar 2026089.753.15$0
Feb 2026863.503.75$30
Jan 2026059.138.00$0
Dec 20251256.664.41$53
Nov 2025458.593.93$16
Oct 2025859.383.30$26
Sep 20252262.743.08$68
Aug 2025463.933.01$12
Jul 2025866.743.32$27
Jun 2025866.483.13$25
May 2025060.553.23$0
Apr 2025062.363.54$0
Mar 2025067.704.27$0
Feb 2025870.884.34$35
Jan 2025074.324.28$0
Dec 2024068.993.12$0
Nov 2024069.052.20$0
Oct 2024071.372.28$0
Sep 2024069.612.36$0
Aug 2024075.632.06$0
Jul 2024279.932.15$4
Jun 20241478.082.63$37
May 2024278.812.20$4
Apr 2024284.451.66$3
Mar 2024280.301.55$3
Feb 2024076.091.78$0
Jan 2024073.023.30$0
Dec 2023071.262.61$0
Nov 2023077.892.81$0
Oct 2023085.443.09$0
Sep 2023289.042.74$5
Aug 2023080.522.67$0
Jul 2023074.852.64$0
Jun 2023068.962.26$0
May 2023070.622.23$0
Apr 2023278.122.24$4
Mar 2023272.852.39$5
Feb 20234275.112.47$104
Jan 20231176.533.39$37
Dec 20226976.415.73$395
Nov 202210285.005.65$576
Oct 202213387.185.86$780
Sep 202215084.888.16$1,225
Aug 202218494.529.13$1,679
Jul 2022188101.587.54$1,418
Jun 2022198115.097.98$1,579
May 202255109.378.43$464
Apr 2022259104.226.84$1,771
Mar 2022314108.885.08$1,594
Feb 202218191.054.86$879
Jan 202240681.844.54$1,842
Dec 202181071.323.90$3,158
Nov 20211,09377.435.24$5,724
Oct 20211,39379.795.71$7,959
Sep 202140469.865.35$2,162
Aug 20211,24166.024.22$5,238
Jul 20211,00870.783.98$4,014
Jun 202159069.493.38$1,995
May 202186863.483.02$2,619
Apr 202141660.362.76$1,148
Mar 2021061.302.72$0
Feb 2021057.805.55$0
Jan 2021150.412.81$3
Dec 2020044.642.68$0
Nov 2020038.772.71$0
Oct 20204936.972.48$121
Sep 20208437.091.99$167
Aug 20203439.982.39$81
Jul 2020038.371.83$0
Jun 202015834.901.69$267
May 2020016.921.81$0
Apr 202028314.751.80$511
Mar 202036630.341.86$679
Feb 202041449.881.98$820
Jan 202028957.252.09$605
Dec 20191,13259.012.30$2,609
Nov 201970055.302.75$1,925
Oct 201949153.472.42$1,188
Sep 201922155.052.66$587
Aug 201927653.112.30$636
Jul 201930156.272.46$740
Jun 201934852.782.49$867
May 20191,09258.482.74$2,992
Apr 201970162.632.75$1,928
Mar 201966556.803.06$2,036
Feb 2019050.852.79$0
Jan 2019046.033.23$0
Dec 201882846.594.19$3,466
Nov 20189452.934.24$398
Oct 2018061.443.40$0
Sep 201830459.543.11$945
Aug 201845859.403.07$1,404
Jul 201872865.142.93$2,134
Jun 201835060.183.08$1,077
May 201838665.382.90$1,120
Apr 2018063.842.90$0
Mar 20189461.222.79$262
Feb 201821261.782.77$586
Jan 20184162.874.01$164
Dec 201711357.272.92$330
Nov 201766855.423.12$2,083
Oct 20171,63849.292.98$4,887
Sep 20171,98947.523.09$6,141
Aug 20172,43945.373.00$7,328
Jul 20172,30043.873.09$7,101
Jun 201783042.493.09$2,562
May 2017045.373.26$0
Apr 2017347.933.21$10
Mar 2017046.772.98$0
Feb 2017050.452.95$0
Jan 2017049.413.42$0
Dec 2016048.763.72$0
Nov 2016042.492.64$0
Oct 2016046.193.09$0
Sep 20166841.553.10$211
Aug 2016041.442.92$0
Jul 2016041.622.92$0
Jun 2016045.352.69$0
May 2016042.521.99$0
Apr 2016036.561.99$0
Mar 20161,25833.011.79$2,257
Feb 201639226.472.06$809
Jan 2016027.352.36$0
Dec 2015032.362.00$0
Nov 20159438.792.17$204
Oct 2015043.552.43$0
Sep 201514142.992.76$389
Aug 2015040.162.87$0
Jul 2015048.152.95$0
Jun 20159056.152.88$259
May 20151,13855.212.96$3,363
Apr 201560749.822.71$1,643
Mar 201556042.892.93$1,643
Feb 2015044.662.98$0
Jan 2015043.433.10$0
Dec 2014054.693.59$0
Nov 2014070.464.25$0
Oct 2014078.303.90$0
Sep 2014086.164.05$0
Aug 2014089.394.04$0
Jul 2014096.564.18$0
Jun 2014098.164.74$0
May 2014094.734.73$0
Apr 2014095.944.81$0
Mar 2014095.895.06$0
Feb 2014097.406.19$0
Jan 2014090.404.86$0
Dec 2013091.824.35$0
Nov 201345788.853.74$1,708
Oct 201319297.423.78$726
Sep 2013435104.113.72$1,617
Aug 20131,522104.253.52$5,361
Jul 20131,432102.523.72$5,324
Jun 20131,61294.403.93$6,341
May 20131,75594.834.15$7,282
Apr 201383693.964.28$3,580
Mar 2013093.623.91$0
Feb 2013091.233.42$0
Jan 2013091.603.42$0
Dec 2012086.773.42$0
Nov 2012086.953.62$0
Oct 2012089.383.40$0
Sep 2012094.672.92$0
Aug 2012092.662.91$0
Jul 2012085.133.02$0
Jun 2012079.822.52$0
May 2012091.612.49$0
Apr 20120101.652.00$0
Mar 20122,193105.052.22$4,873
Feb 20122,184101.102.57$5,613
Jan 20122,05798.092.73$5,624
Dec 20111,17496.873.24$3,803
Nov 20112,76095.723.31$9,139
Oct 20117484.983.65$270
Sep 201110583.623.99$419
Aug 20112,34883.404.15$9,743
Jul 20111,94594.144.52$8,786
Jun 20111,92892.904.64$8,946
May 201128798.134.40$1,264
Apr 2011264105.964.33$1,144
Mar 20113,02596.364.06$12,273
Feb 20113,04385.644.18$12,720
Jan 20113,38986.504.59$15,551
Dec 20104,26385.734.35$18,534
Nov 20102,17580.843.80$8,255
Oct 20104,29278.103.51$15,060
Sep 20103,28772.633.98$13,081
Aug 20103,58673.684.42$15,848
Jul 20104,36072.554.74$20,651
Jun 20104,50070.364.91$22,097
May 20102,87071.124.24$12,155
Apr 20107,41081.694.12$30,549
Mar 20107,25478.394.39$31,835
Feb 20107,72573.585.44$42,042
Jan 201010,13374.365.96$60,434
Dec 200914,41171.445.48$79,026
Nov 20099,21174.593.75$34,555
Oct 20093,49172.544.11$14,349
Sep 20095,97065.543.06$18,297
Aug 20096,91267.423.22$22,246
Jul 20099,07061.133.46$31,423
Jun 200916,07766.163.90$62,620
May 200921,81554.743.93$85,640
Apr 200926,76546.773.59$96,019
Mar 200924,36742.144.06$98,906
Feb 20097,87532.814.63$36,485

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                   90 Mcf  × $  3.05 =       $274

────────────────────────────────────────────────────
Month total                                     $274

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/251806 is the state's own key, not one this site invented.