GALLAGHER

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 253894District 09Field 65280200CondensateGasSaveExport
Value, all time
$1.1 M
May 2009 – May 2026
Value, last 12 filed months
$1 k
at the published price for each month
Months reported
205
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
CondensateDisposition53 bbl$4,272
GasProduction261,445 Mcf$1,047,461
Total$1,051,733

Every month this lease reported (205)

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

205 months

May 202607106.413.05$21
Apr 20264098.932.87$396
Mar 20262089.753.15$180
Feb 20260063.503.75$0
Jan 20260059.138.00$0
Dec 20250056.664.41$0
Nov 20250058.593.93$0
Oct 20250059.383.30$0
Sep 20250062.743.08$0
Aug 202509463.933.01$283
Jul 20250066.743.32$0
Jun 202504666.483.13$144
May 202504360.553.23$139
Apr 202524062.363.54$266
Mar 20254067.704.27$271
Feb 20250070.884.34$0
Jan 20250074.324.28$0
Dec 2024021868.993.12$680
Nov 2024031069.052.20$682
Oct 2024011371.372.28$258
Sep 2024017069.612.36$402
Aug 2024215175.632.06$463
Jul 2024010979.932.15$234
Jun 202408878.082.63$232
May 2024210678.812.20$391
Apr 20242184.451.66$171
Mar 202427280.301.55$272
Feb 2024019076.091.78$339
Jan 202408073.023.30$264
Dec 2023015571.262.61$405
Nov 202304377.892.81$121
Oct 202302085.443.09$62
Sep 2023010189.042.74$276
Aug 2023212080.522.67$482
Jul 2023211474.852.64$451
Jun 2023013868.962.26$312
May 202302370.622.23$51
Apr 20230078.122.24$0
Mar 20232072.852.39$146
Feb 2023012475.112.47$306
Jan 202304276.533.39$142
Dec 20220176.415.73$6
Nov 20220085.005.65$0
Oct 20220087.185.86$0
Sep 2022015884.888.16$1,290
Aug 2022018194.529.13$1,652
Jul 20220150101.587.54$1,131
Jun 20222137115.097.98$1,323
May 2022030109.378.43$253
Apr 2022427104.226.84$602
Mar 2022093108.885.08$472
Feb 2022027891.054.86$1,351
Jan 2022019781.844.54$894
Dec 2021017171.323.90$667
Nov 2021211577.435.24$757
Oct 2021025179.795.71$1,434
Sep 2021013469.865.35$717
Aug 20210066.024.22$0
Jul 20210070.783.98$0
Jun 202124269.493.38$281
May 20210063.483.02$0
Apr 202101860.362.76$50
Mar 202108061.302.72$217
Feb 2021014757.805.55$816
Jan 20210050.412.81$0
Dec 2020030444.642.68$813
Nov 202004238.772.71$114
Oct 202006136.972.48$151
Sep 202003737.091.99$74
Aug 202009939.982.39$236
Jul 2020011238.371.83$204
Jun 202003434.901.69$57
May 202006916.921.81$125
Apr 20200014.751.80$0
Mar 202006630.341.86$123
Feb 20200049.881.98$0
Jan 20200057.252.09$0
Dec 20190059.012.30$0
Nov 201909155.302.75$250
Oct 2019022453.472.42$542
Sep 20190055.052.66$0
Aug 20190053.112.30$0
Jul 2019095656.272.46$2,352
Jun 20190052.782.49$0
May 20190058.482.74$0
Apr 2019013362.632.75$366
Mar 2019010556.803.06$322
Feb 201904550.852.79$126
Jan 2019034846.033.23$1,123
Dec 2018057046.594.19$2,386
Nov 2018037152.934.24$1,572
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 201804565.382.90$131
Apr 2018039963.842.90$1,157
Mar 2018015361.222.79$426
Feb 2018011261.782.77$310
Jan 2018016062.874.01$641
Dec 2017034657.272.92$1,011
Nov 20170055.423.12$0
Oct 2017023949.292.98$713
Sep 201704447.523.09$136
Aug 20170045.373.00$0
Jul 20170043.873.09$0
Jun 2017013542.493.09$417
May 2017044645.373.26$1,455
Apr 2017025947.933.21$832
Mar 2017033846.772.98$1,008
Feb 2017029250.452.95$862
Jan 2017033849.413.42$1,156
Dec 201608448.763.72$313
Nov 2016018442.492.64$487
Oct 2016021446.193.09$661
Sep 201624241.553.10$213
Aug 20160341.442.92$9
Jul 201604941.622.92$143
Jun 201609145.352.69$244
May 2016063642.521.99$1,266
Apr 2016044736.561.99$890
Mar 2016047233.011.79$847
Feb 2016044626.472.06$920
Jan 2016076927.352.36$1,818
Dec 2015058932.362.00$1,179
Nov 2015056038.792.17$1,214
Oct 2015044843.552.43$1,087
Sep 2015038742.992.76$1,068
Aug 2015035140.162.87$1,008
Jul 2015027848.152.95$819
Jun 2015047356.152.88$1,364
May 2015040755.212.96$1,203
Apr 2015218649.822.71$603
Mar 2015156742.892.93$1,707
Feb 2015151144.662.98$1,565
Jan 2015066343.433.10$2,056
Dec 201403954.693.59$140
Nov 20141170.464.25$75
Oct 201408678.303.90$335
Sep 20143386.164.05$271
Aug 20140089.394.04$0
Jul 20140096.564.18$0
Jun 20140098.164.74$0
May 20140094.734.73$0
Apr 20141195.944.81$101
Mar 20141195.895.06$101
Feb 20142297.406.19$207
Jan 20141190.404.86$95
Dec 20130091.824.35$0
Nov 20130088.853.74$0
Oct 20130097.423.78$0
Sep 201300104.113.72$0
Aug 201300104.253.52$0
Jul 201300102.523.72$0
Jun 20132294.403.93$197
May 20130094.834.15$0
Apr 20130093.964.28$0
Mar 20130093.623.91$0
Feb 20130091.233.42$0
Jan 20130091.603.42$0
Dec 20120086.773.42$0
Nov 20120086.953.62$0
Oct 20120089.383.40$0
Sep 20120094.672.92$0
Aug 20120092.662.91$0
Jul 20120085.133.02$0
Jun 201202079.822.52$50
May 20120091.612.49$0
Apr 201200101.652.00$0
Mar 20120475105.052.22$1,055
Feb 20120412101.102.57$1,059
Jan 2012080998.092.73$2,212
Dec 2011044496.873.24$1,438
Nov 201103,30395.723.31$10,937
Oct 201102,77284.983.65$10,114
Sep 201103,43883.623.99$13,703
Aug 201102,80883.404.15$11,651
Jul 2011011794.144.52$529
Jun 201101,34792.904.64$6,250
May 201106,12798.134.40$26,988
Apr 2011010,644105.964.33$46,123
Mar 2011015,55196.364.06$63,096
Feb 2011016,84785.644.18$70,420
Jan 2011032,59386.504.59$149,562
Dec 2010051,54385.734.35$224,096
Nov 2010083,56280.843.80$317,145
Oct 201007,73978.103.51$27,155
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

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             0 bbl  × $106.41 =         $0
Gas                    7 Mcf  × $  3.05 =        $21

────────────────────────────────────────────────────
Month total                                      $21

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/253894 is the state's own key, not one this site invented.