BONE RANCH

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 252265District 09Field 65280200CondensateGasSaveExport
Value, all time
$5.7 M
Jan 2009 – May 2026
Value, last 12 filed months
$280 k
at the published price for each month
Months reported
209
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
CondensateDisposition289 bbl$18,004
GasProduction1,641,485 Mcf$5,715,541
Total$5,733,546

Every month this lease reported (209)

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

209 months

May 202646,189106.413.05$19,276
Apr 202656,24698.932.87$18,419
Mar 202656,44389.753.15$20,741
Feb 202655,85163.503.75$22,261
Jan 202606,76059.138.00$54,066
Dec 202526,57956.664.41$29,149
Nov 202526,14958.593.93$24,261
Oct 202526,40459.383.30$21,283
Sep 202525,44462.743.08$16,876
Aug 202505,90663.933.01$17,805
Jul 202525,66166.743.32$18,901
Jun 202555,29866.483.13$16,908
May 202536,01960.553.23$19,637
Apr 202535,49562.363.54$19,657
Mar 202555,59967.704.27$24,237
Feb 202505,06070.884.34$21,965
Jan 202525,44674.324.28$23,450
Dec 202425,44468.993.12$17,131
Nov 202425,36669.052.20$11,935
Oct 202425,91271.372.28$13,630
Sep 202405,70669.612.36$13,491
Aug 20242075.632.06$151
Jul 202425,72579.932.15$12,449
Jun 202425,57578.082.63$14,841
May 202446,11878.812.20$13,765
Apr 202425,60684.451.66$9,470
Mar 202426,14180.301.55$9,649
Feb 202405,56876.091.78$9,931
Jan 202406,21973.023.30$20,508
Dec 202306,84471.262.61$17,868
Nov 202306,48777.892.81$18,213
Oct 202307,02185.443.09$21,676
Sep 202326,79089.042.74$18,749
Aug 202326,41380.522.67$17,302
Jul 202326,21474.852.64$16,566
Jun 202325,49868.962.26$12,555
May 202325,80070.622.23$13,060
Apr 202324,48978.122.24$10,202
Mar 2023142772.852.39$1,095
Feb 202327,62875.112.47$18,958
Jan 202305,99476.533.39$20,306
Dec 202226,74776.415.73$38,807
Nov 202208,43585.005.65$47,626
Oct 202207,97087.185.86$46,734
Sep 202216,34584.888.16$51,883
Aug 202208,36294.529.13$76,321
Jul 202228,194101.587.54$62,003
Jun 202227,617115.097.98$60,993
May 202228,463109.378.43$71,588
Apr 202238,419104.226.84$57,878
Mar 202228,523108.885.08$43,484
Feb 202226,42891.054.86$31,415
Jan 202227,40181.844.54$33,747
Dec 202108,19671.323.90$31,957
Nov 202107,97777.435.24$41,774
Oct 202128,23779.795.71$47,225
Sep 202106,89069.865.35$36,868
Aug 202127,76166.024.22$32,888
Jul 202107,78470.783.98$30,997
Jun 202127,86769.493.38$26,734
May 202128,15263.483.02$24,727
Apr 202107,66360.362.76$21,138
Mar 202106,71661.302.72$18,247
Feb 202105,12257.805.55$28,417
Jan 202108,50450.412.81$23,899
Dec 202008,78344.642.68$23,499
Nov 202008,55438.772.71$23,152
Oct 202008,67836.972.48$21,508
Sep 202008,16237.091.99$16,251
Aug 202007,59539.982.39$18,115
Jul 202007,52138.371.83$13,727
Jun 202007,44434.901.69$12,583
May 202007,66316.921.81$13,906
Apr 202007,32814.751.80$13,223
Mar 202007,46230.341.86$13,851
Feb 202007,31149.881.98$14,481
Jan 202008,03457.252.09$16,829
Dec 201908,21959.012.30$18,940
Nov 201907,78555.302.75$21,414
Oct 201907,84653.472.42$18,976
Sep 201907,45155.052.66$19,799
Aug 201907,26953.112.30$16,750
Jul 201907,82256.272.46$19,243
Jun 201907,68852.782.49$19,152
May 201908,15858.482.74$22,356
Apr 201907,56962.632.75$20,820
Mar 201908,57856.803.06$26,267
Feb 201907,66950.852.79$21,414
Jan 201908,39846.033.23$27,110
Dec 201808,15146.594.19$34,116
Nov 201807,88952.934.24$33,428
Oct 201808,21461.443.40$27,912
Sep 201807,89059.543.11$24,522
Aug 201808,15659.403.07$25,011
Jul 201808,09165.142.93$23,722
Jun 201808,60460.183.08$26,474
May 201808,36165.382.90$24,254
Apr 201807,75463.842.90$22,493
Mar 201808,53761.222.79$23,791
Feb 201807,78361.782.77$21,529
Jan 201809,21062.874.01$36,926
Dec 201709,77857.272.92$28,567
Nov 201709,71855.423.12$30,304
Oct 201709,01949.292.98$26,910
Sep 201708,85647.523.09$27,341
Aug 201708,85645.373.00$26,607
Jul 201709,08743.873.09$28,054
Jun 201709,26942.493.09$28,616
May 201709,94945.373.26$32,468
Apr 201709,68847.933.21$31,114
Mar 2017010,72946.772.98$32,012
Feb 201709,94050.452.95$29,349
Jan 20171639,28649.413.42$39,801
Dec 201608,63448.763.72$32,143
Nov 201608,55642.492.64$22,625
Oct 2016010,80746.193.09$33,396
Sep 2016011,16741.553.10$34,625
Aug 2016011,45441.442.92$33,495
Jul 2016012,18141.622.92$35,621
Jun 2016012,19545.352.69$32,754
May 2016012,81342.521.99$25,511
Apr 2016012,29036.561.99$24,470
Mar 2016012,55833.011.79$22,529
Feb 2016011,91726.472.06$24,592
Jan 2016012,53227.352.36$29,630
Dec 2015014,00232.362.00$28,024
Nov 2015013,77138.792.17$29,846
Oct 2015014,60943.552.43$35,450
Sep 2015015,05242.992.76$41,520
Aug 2015016,75040.162.87$48,114
Jul 2015016,97748.152.95$49,999
Jun 201503,01656.152.88$8,695
May 20150055.212.96$0
Apr 201506749.822.71$181
Mar 201513242.892.93$137
Feb 201512,35544.662.98$7,054
Jan 201515,80043.433.10$18,027
Dec 201415,91954.693.59$21,312
Nov 201415,97470.464.25$25,471
Oct 201416,41278.303.90$25,091
Sep 201416,72086.164.05$27,272
Aug 201407,80589.394.04$31,494
Jul 201417,94896.564.18$33,316
Jun 201418,08298.164.74$38,382
May 201408,06094.734.73$38,096
Apr 201427,61595.944.81$36,813
Mar 201419,50495.895.06$48,156
Feb 201408,50097.406.19$52,632
Jan 201417,61690.404.86$37,110
Dec 201318,73691.824.35$38,133
Nov 201309,87888.853.74$36,927
Oct 2013110,88397.423.78$41,228
Sep 2013010,413104.113.72$38,713
Aug 2013015,612104.253.52$54,995
Jul 201309,943102.523.72$36,965
Jun 2013310,47394.403.93$41,478
May 2013011,33294.834.15$47,017
Apr 2013011,99193.964.28$51,353
Mar 2013013,25193.623.91$51,849
Feb 2013011,10491.233.42$37,975
Jan 201308,70091.603.42$29,753
Dec 201208,72686.773.42$29,844
Nov 201206,86486.953.62$24,882
Oct 2012010,55889.383.40$35,894
Sep 2012010,25794.672.92$29,934
Aug 2012011,90292.662.91$34,613
Jul 2012011,80485.133.02$35,658
Jun 201205,53979.822.52$13,953
May 20120091.612.49$0
Apr 201205,185101.652.00$10,353
Mar 201209,498105.052.22$21,105
Feb 201207,635101.102.57$19,624
Jan 201208,25898.092.73$22,578
Dec 2011010,28696.873.24$33,324
Nov 2011010,15795.723.31$33,633
Oct 2011011,36284.983.65$41,455
Sep 201109,60183.623.99$38,268
Aug 201108,64483.404.15$35,867
Jul 2011010,66394.144.52$48,167
Jun 2011012,70292.904.64$58,936
May 2011012,95498.134.40$57,060
Apr 2011011,773105.964.33$51,016
Mar 2011015,68896.364.06$63,652
Feb 2011015,99385.644.18$66,850
Jan 2011020,73286.504.59$95,135
Dec 2010016,17685.734.35$70,329
Nov 2010024,86680.843.80$94,375
Oct 2010031,21178.103.51$109,516
Sep 2010030,78672.633.98$122,512
Aug 2010010,55073.684.42$46,624
Jul 20100072.554.74$0
Jun 20100070.364.91$0
May 20100071.124.24$0
Apr 20100081.694.12$0
Mar 20100078.394.39$0
Feb 20100073.585.44$0
Jan 20100074.365.96$0
Dec 20090071.445.48$0
Nov 20090074.593.75$0
Oct 20090072.544.11$0
Sep 20090065.543.06$0
Aug 20090067.423.22$0
Jul 20090061.133.46$0
Jun 20090066.163.90$0
May 20090054.743.93$0
Apr 20090046.773.59$0
Mar 20090042.144.06$0
Feb 20090032.814.63$0
Jan 20090035.865.37$0

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             4 bbl  × $106.41 =       $426
Gas                6,189 Mcf  × $  3.05 =    $18,851

────────────────────────────────────────────────────
Month total                                  $19,276

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/252265 is the state's own key, not one this site invented.