THELMA LOUISE

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 253880District 09Field 65280200CondensateGasSaveExport
Value, all time
$2.3 M
Apr 2009 – May 2026
Value, last 12 filed months
$2 k
at the published price for each month
Months reported
206
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
CondensateDisposition1 bbl$49
GasProduction612,280 Mcf$2,305,735
Total$2,305,784

Every month this lease reported (206)

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

206 months

May 202600106.413.05$0
Apr 20260098.932.87$0
Mar 20260089.753.15$0
Feb 2026014863.503.75$555
Jan 202605859.138.00$464
Dec 202507856.664.41$344
Nov 202502958.593.93$114
Oct 20250159.383.30$3
Sep 20250862.743.08$25
Aug 202502263.933.01$66
Jul 202504666.743.32$153
Jun 202501666.483.13$50
May 202501460.553.23$45
Apr 20250862.363.54$28
Mar 202501267.704.27$51
Feb 20250570.884.34$22
Jan 202507574.324.28$321
Dec 20240068.993.12$0
Nov 20240569.052.20$11
Oct 20240071.372.28$0
Sep 202405,68569.612.36$13,441
Aug 202406,49875.632.06$13,409
Jul 2024012379.932.15$264
Jun 2024011678.082.63$306
May 2024012078.812.20$264
Apr 2024012284.451.66$202
Mar 2024011380.301.55$175
Feb 202407876.091.78$139
Jan 202405973.023.30$195
Dec 202309671.262.61$251
Nov 202308277.892.81$230
Oct 202307185.443.09$219
Sep 202303189.042.74$85
Aug 202304280.522.67$112
Jul 202304974.852.64$129
Jun 202305768.962.26$129
May 202306570.622.23$145
Apr 202304778.122.24$105
Mar 202309172.852.39$218
Feb 20230075.112.47$0
Jan 2023014076.533.39$474
Dec 2022037276.415.73$2,131
Nov 202207885.005.65$440
Oct 202206887.185.86$399
Sep 202205384.888.16$433
Aug 20220094.529.13$0
Jul 202200101.587.54$0
Jun 2022026115.097.98$207
May 2022083109.378.43$700
Apr 2022095104.226.84$650
Mar 2022078108.885.08$396
Feb 202206091.054.86$292
Jan 2022017381.844.54$785
Dec 2021011471.323.90$445
Nov 202106877.435.24$356
Oct 202107279.795.71$411
Sep 202107269.865.35$385
Aug 202109766.024.22$409
Jul 2021016370.783.98$649
Jun 2021019969.493.38$673
May 2021018863.483.02$567
Apr 2021013860.362.76$381
Mar 20210061.302.72$0
Feb 202103757.805.55$205
Jan 2021057150.412.81$1,605
Dec 202001,00844.642.68$2,697
Nov 2020098338.772.71$2,661
Oct 202001,65436.972.48$4,099
Sep 2020084137.091.99$1,674
Aug 202001,64639.982.39$3,926
Jul 202002,47338.371.83$4,514
Jun 202002,44334.901.69$4,129
May 202002,14816.921.81$3,898
Apr 202002,26514.751.80$4,087
Mar 202002,62930.341.86$4,880
Feb 20200049.881.98$0
Jan 20200057.252.09$0
Dec 20190059.012.30$0
Nov 20190055.302.75$0
Oct 20190053.472.42$0
Sep 20190055.052.66$0
Aug 20190053.112.30$0
Jul 20190056.272.46$0
Jun 20190052.782.49$0
May 20190058.482.74$0
Apr 20190062.632.75$0
Mar 20190056.803.06$0
Feb 20190050.852.79$0
Jan 20190046.033.23$0
Dec 20180046.594.19$0
Nov 20180052.934.24$0
Oct 20180061.443.40$0
Sep 20180059.543.11$0
Aug 20180059.403.07$0
Jul 20180065.142.93$0
Jun 20180060.183.08$0
May 20180065.382.90$0
Apr 20180063.842.90$0
Mar 20180061.222.79$0
Feb 20180061.782.77$0
Jan 20180062.874.01$0
Dec 20170057.272.92$0
Nov 20170055.423.12$0
Oct 20170049.292.98$0
Sep 20170047.523.09$0
Aug 20170045.373.00$0
Jul 20170043.873.09$0
Jun 20170042.493.09$0
May 20170045.373.26$0
Apr 20170247.933.21$6
Mar 20170346.772.98$9
Feb 20170050.452.95$0
Jan 20171049.413.42$49
Dec 20160048.763.72$0
Nov 20160042.492.64$0
Oct 20160046.193.09$0
Sep 20160041.553.10$0
Aug 2016096141.442.92$2,810
Jul 2016040341.622.92$1,179
Jun 2016064745.352.69$1,738
May 201608342.521.99$165
Apr 20160136.561.99$2
Mar 2016071533.011.79$1,283
Feb 201601,06126.472.06$2,190
Jan 201601,08527.352.36$2,565
Dec 20150032.362.00$0
Nov 201501938.792.17$41
Oct 201506043.552.43$146
Sep 2015051942.992.76$1,432
Aug 2015097740.162.87$2,806
Jul 201501,03348.152.95$3,042
Jun 201502,32756.152.88$6,708
May 201501,39555.212.96$4,123
Apr 2015051849.822.71$1,402
Mar 2015075042.892.93$2,201
Feb 201501,02744.662.98$3,057
Jan 201502,99143.433.10$9,274
Dec 201401,61354.693.59$5,793
Nov 201402,08870.464.25$8,878
Oct 201403,36978.303.90$13,142
Sep 201401,19586.164.05$4,834
Aug 201404,01989.394.04$16,217
Jul 2014010296.564.18$426
Jun 201404,06198.164.74$19,236
May 201405,99494.734.73$28,331
Apr 201406,53495.944.81$31,423
Mar 201406,12395.895.06$30,963
Feb 201406,61797.406.19$40,972
Jan 201407,89390.404.86$38,366
Dec 201308,01991.824.35$34,919
Nov 201307,95988.853.74$29,753
Oct 201308,41197.423.78$31,788
Sep 201308,533104.113.72$31,723
Aug 201307,574104.253.52$26,680
Jul 201309,390102.523.72$34,910
Jun 201309,46894.403.93$37,242
May 2013010,07894.834.15$41,814
Apr 2013010,17093.964.28$43,554
Mar 2013010,87493.623.91$42,549
Feb 201303,24191.233.42$11,084
Jan 201303,43591.603.42$11,747
Dec 201202,69686.773.42$9,221
Nov 2012010,53286.953.62$38,178
Oct 2012010,42889.383.40$35,452
Sep 2012010,09294.672.92$29,452
Aug 2012011,34092.662.91$32,979
Jul 2012011,75685.133.02$35,513
Jun 201206,08779.822.52$15,333
May 2012011,90591.612.49$29,623
Apr 2012011,777101.652.00$23,516
Mar 2012011,124105.052.22$24,718
Feb 2012011,058101.102.57$28,422
Jan 2012013,85898.092.73$37,889
Dec 2011015,02496.873.24$48,674
Nov 2011014,03995.723.31$46,487
Oct 2011016,76684.983.65$61,171
Sep 2011017,04483.623.99$67,934
Aug 2011019,69283.404.15$81,708
Jul 2011020,42994.144.52$92,283
Jun 2011022,33092.904.64$103,609
May 2011024,35598.134.40$107,279
Apr 2011025,525105.964.33$110,607
Mar 2011031,37296.364.06$127,287
Feb 2011033,91385.644.18$141,756
Jan 2011049,28086.504.59$226,135
Dec 201001,41685.734.35$6,156
Nov 20100080.843.80$0
Oct 20100078.103.51$0
Sep 20100072.633.98$0
Aug 20100073.684.42$0
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

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.

Feb 2026 — as filed, then multipliedworked
Condensate             0 bbl  × $ 63.50 =         $0
Gas                  148 Mcf  × $  3.75 =       $555

────────────────────────────────────────────────────
Month total                                     $555

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/253880 is the state's own key, not one this site invented.