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 253946District 09Field 65280200CondensateGasSaveExport
Value, all time
$6.4 M
May 2009 – May 2026
Value, last 12 filed months
$125 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
CondensateDisposition4 bbl$357
GasProduction1,808,672 Mcf$6,429,871
Total$6,430,228

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 202602,897106.413.05$8,824
Apr 202612,42698.932.87$7,061
Mar 202602,32889.753.15$7,332
Feb 202602,46863.503.75$9,256
Jan 202602,89759.138.00$23,170
Dec 202502,94556.664.41$12,997
Nov 202502,87958.593.93$11,304
Oct 202502,92859.383.30$9,677
Sep 202502,78562.743.08$8,569
Aug 202502,84763.933.01$8,583
Jul 202502,66966.743.32$8,848
Jun 202503,01766.483.13$9,439
May 202503,12060.553.23$10,085
Apr 202503,06862.363.54$10,870
Mar 202512,85767.704.27$12,262
Feb 202502,55870.884.34$11,104
Jan 202502,72674.324.28$11,664
Dec 202402,97768.993.12$9,292
Nov 202403,20469.052.20$7,044
Oct 202403,34571.372.28$7,631
Sep 202403,11969.612.36$7,374
Aug 202403,32075.632.06$6,851
Jul 202403,35179.932.15$7,193
Jun 202403,46678.082.63$9,129
May 202405,53278.812.20$12,162
Apr 202403,58184.451.66$5,942
Mar 202403,48380.301.55$5,382
Feb 202403,24476.091.78$5,786
Jan 202403,44173.023.30$11,347
Dec 202303,68171.262.61$9,610
Nov 202303,63877.892.81$10,214
Oct 202303,75785.443.09$11,599
Sep 202303,85889.042.74$10,552
Aug 202303,97180.522.67$10,614
Jul 202303,78274.852.64$9,991
Jun 202303,61368.962.26$8,160
May 202303,79170.622.23$8,444
Apr 202303,89078.122.24$8,705
Mar 202304,01972.852.39$9,618
Feb 202303,59475.112.47$8,862
Jan 202304,06076.533.39$13,754
Dec 202203,96176.415.73$22,693
Nov 202203,81585.005.65$21,540
Oct 202204,02187.185.86$23,578
Sep 202203,92684.888.16$32,051
Aug 202204,11794.529.13$37,577
Jul 202204,044101.587.54$30,500
Jun 202204,024115.097.98$32,100
May 202204,381109.378.43$36,945
Apr 202213,519104.226.84$24,166
Mar 202204,011108.885.08$20,361
Feb 202203,61591.054.86$17,565
Jan 202204,31881.844.54$19,594
Dec 202104,14371.323.90$16,154
Nov 202104,04177.435.24$21,162
Oct 202104,09179.795.71$23,375
Sep 202104,12469.865.35$22,067
Aug 202104,61266.024.22$19,465
Jul 202104,52570.783.98$18,019
Jun 202104,46469.493.38$15,091
May 202104,40963.483.02$13,305
Apr 202104,50460.362.76$12,424
Mar 202104,53661.302.72$12,324
Feb 202103,36557.805.55$18,669
Jan 202104,57550.412.81$12,857
Dec 202004,78644.642.68$12,805
Nov 202004,56638.772.71$12,358
Oct 202004,83036.972.48$11,971
Sep 202004,86737.091.99$9,690
Aug 202004,41539.982.39$10,530
Jul 202004,91138.371.83$8,963
Jun 202005,30134.901.69$8,960
May 202004,93716.921.81$8,959
Apr 202004,23214.751.80$7,636
Mar 202005,29330.341.86$9,825
Feb 202004,99749.881.98$9,897
Jan 202005,27057.252.09$11,039
Dec 201905,63659.012.30$12,987
Nov 201905,36955.302.75$14,769
Oct 201905,68353.472.42$13,745
Sep 201905,36455.052.66$14,254
Aug 201905,56653.112.30$12,826
Jul 201905,61556.272.46$13,813
Jun 201905,36952.782.49$13,375
May 201905,65958.482.74$15,507
Apr 201905,48362.632.75$15,082
Mar 201905,39556.803.06$16,520
Feb 201905,05550.852.79$14,115
Jan 201905,54446.033.23$17,897
Dec 201805,01246.594.19$20,977
Nov 201805,17552.934.24$21,928
Oct 201805,58161.443.40$18,965
Sep 201805,47159.543.11$17,004
Aug 201805,53959.403.07$16,986
Jul 201805,71465.142.93$16,753
Jun 201805,30360.183.08$16,317
May 201805,53465.382.90$16,053
Apr 201805,70863.842.90$16,558
Mar 201806,25661.222.79$17,434
Feb 201805,46761.782.77$15,122
Jan 201806,28762.874.01$25,207
Dec 201706,08257.272.92$17,769
Nov 201705,68555.423.12$17,728
Oct 201706,41449.292.98$19,137
Sep 201706,43247.523.09$19,857
Aug 201706,84945.373.00$20,577
Jul 201706,86843.873.09$21,203
Jun 201706,93042.493.09$21,395
May 201707,17645.373.26$23,418
Apr 201707,05047.933.21$22,642
Mar 201707,35346.772.98$21,939
Feb 201706,85650.452.95$20,243
Jan 201707,45249.413.42$25,477
Dec 201607,60748.763.72$28,320
Nov 201607,53442.492.64$19,923
Oct 201607,84446.193.09$24,240
Sep 201607,63541.553.10$23,673
Aug 201607,62741.442.92$22,304
Jul 201608,06841.622.92$23,594
Jun 201607,54245.352.69$20,257
May 201608,30742.521.99$16,540
Apr 201608,36036.561.99$16,645
Mar 201608,41633.011.79$15,098
Feb 201607,86626.472.06$16,233
Jan 201608,40227.352.36$19,865
Dec 201508,39932.362.00$16,810
Nov 201508,60138.792.17$18,641
Oct 201508,98543.552.43$21,803
Sep 201508,84042.992.76$24,384
Aug 201509,52740.162.87$27,366
Jul 201509,32048.152.95$27,448
Jun 201509,15056.152.88$26,378
May 201509,66355.212.96$28,559
Apr 201509,26549.822.71$25,076
Mar 201509,88342.892.93$29,004
Feb 201509,12744.662.98$27,164
Jan 2015010,23543.433.10$31,735
Dec 2014010,40054.693.59$37,350
Nov 2014010,35370.464.25$44,019
Oct 2014011,03678.303.90$43,051
Sep 2014110,92486.164.05$44,279
Aug 2014011,39889.394.04$45,992
Jul 2014011,70896.564.18$48,935
Jun 2014011,58098.164.74$54,853
May 2014011,96694.734.73$56,558
Apr 2014011,72195.944.81$56,368
Mar 2014012,34495.895.06$62,421
Feb 2014011,47197.406.19$71,028
Jan 2014013,18290.404.86$64,074
Dec 2013013,07291.824.35$56,922
Nov 2013013,40088.853.74$50,093
Oct 2013013,75797.423.78$51,993
Sep 2013013,470104.113.72$50,078
Aug 2013014,717104.253.52$51,842
Jul 2013015,346102.523.72$57,052
Jun 2013014,86894.403.93$58,482
May 2013014,87794.834.15$61,726
Apr 2013015,09393.964.28$64,637
Mar 2013016,07493.623.91$62,895
Feb 2013014,58691.233.42$49,883
Jan 2013016,73891.603.42$57,242
Dec 2012016,97286.773.42$58,047
Nov 2012017,79486.953.62$64,503
Oct 2012018,58289.383.40$63,173
Sep 2012017,90094.672.92$52,239
Aug 2012019,17692.662.91$55,767
Jul 2012019,80785.133.02$59,833
Jun 2012019,18879.822.52$48,335
May 2012021,67091.612.49$53,922
Apr 2012021,692101.652.00$43,315
Mar 2012023,027105.052.22$51,168
Feb 2012022,207101.102.57$57,077
Jan 2012024,65498.092.73$67,406
Dec 2011025,25596.873.24$81,820
Nov 2011025,55595.723.31$84,620
Oct 2011026,31884.983.65$96,022
Sep 2011026,77083.623.99$106,700
Aug 2011029,18883.404.15$121,110
Jul 2011029,90594.144.52$135,088
Jun 2011030,60992.904.64$142,022
May 2011033,64398.134.40$148,191
Apr 2011037,781105.964.33$163,716
Mar 2011041,58796.364.06$168,733
Feb 2011039,74985.644.18$166,150
Jan 2011049,54886.504.59$227,365
Dec 2010057,14385.734.35$248,443
Nov 2010078,77480.843.80$298,973
Oct 201007,28478.103.51$25,559
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                2,897 Mcf  × $  3.05 =     $8,824

────────────────────────────────────────────────────
Month total                                   $8,824

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/253946 is the state's own key, not one this site invented.