OAKS

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 254769District 09Field 65280200CondensateGasSaveExport
Value, all time
$9.3 M
Sep 2009 – May 2026
Value, last 12 filed months
$294 k
at the published price for each month
Months reported
201
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
CondensateDisposition2,914 bbl$224,778
GasProduction2,537,243 Mcf$9,048,284
Total$9,273,062

Every month this lease reported (201)

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

201 months

May 202606,617106.413.05$20,154
Apr 202606,64398.932.87$19,064
Mar 202606,81889.753.15$21,473
Feb 2026615,96763.503.75$26,252
Jan 202606,64459.138.00$53,138
Dec 202506,33856.664.41$27,972
Nov 202505,99858.593.93$23,551
Oct 202506,12959.383.30$20,255
Sep 202506,02262.743.08$18,529
Aug 2025616,07363.933.01$22,208
Jul 202506,43566.743.32$21,333
Jun 202506,50466.483.13$20,349
May 202506,61960.553.23$21,395
Apr 202506,18462.363.54$21,911
Mar 202507,03767.704.27$30,036
Feb 202506,39370.884.34$27,751
Jan 202507,07574.324.28$30,272
Dec 2024647,97368.993.12$29,302
Nov 202407,69269.052.20$16,910
Oct 202407,74471.372.28$17,667
Sep 202407,15269.612.36$16,910
Aug 202407,55475.632.06$15,589
Jul 202408,00579.932.15$17,183
Jun 202407,79178.082.63$20,521
May 202408,97478.812.20$19,729
Apr 202408,06784.451.66$13,385
Mar 202407,78280.301.55$12,024
Feb 202406,71376.091.78$11,974
Jan 202406,77773.023.30$22,348
Dec 202307,02371.262.61$18,335
Nov 202307,62177.892.81$21,396
Oct 2023467,69785.443.09$27,693
Sep 202307,33889.042.74$20,070
Aug 202307,55780.522.67$20,199
Jul 202307,63774.852.64$20,175
Jun 202307,43368.962.26$16,787
May 202307,70670.622.23$17,164
Apr 202307,58878.122.24$16,980
Mar 202307,66972.852.39$18,353
Feb 202307,03875.112.47$17,353
Jan 202306,45976.533.39$21,881
Dec 202207,43276.415.73$42,579
Nov 202207,29285.005.65$41,172
Oct 202207,80487.185.86$45,761
Sep 202207,20784.888.16$58,836
Aug 202207,20194.529.13$65,725
Jul 202207,720101.587.54$58,225
Jun 202207,513115.097.98$59,933
May 202208,277109.378.43$69,800
Apr 2022458,053104.226.84$59,753
Mar 202208,296108.885.08$42,114
Feb 202207,57891.054.86$36,820
Jan 202207,98881.844.54$36,247
Dec 202108,32571.323.90$32,460
Nov 202108,08277.435.24$42,324
Oct 202108,36779.795.71$47,808
Sep 202107,58969.865.35$40,608
Aug 202107,95966.024.22$33,592
Jul 202107,49070.783.98$29,826
Jun 202107,42069.493.38$25,084
May 202107,91363.483.02$23,879
Apr 202108,51360.362.76$23,482
Mar 2021468,80461.302.72$26,740
Feb 202106,71557.805.55$37,254
Jan 202107,97250.412.81$22,403
Dec 202008,19644.642.68$21,928
Nov 202007,90138.772.71$21,385
Oct 202008,08836.972.48$20,046
Sep 202007,92437.091.99$15,777
Aug 202008,61439.982.39$20,545
Jul 202008,65038.371.83$15,787
Jun 202008,49234.901.69$14,354
May 202008,49916.921.81$15,424
Apr 202008,50314.751.80$15,343
Mar 202008,96030.341.86$16,632
Feb 202008,86149.881.98$17,551
Jan 2020458,72957.252.09$20,861
Dec 201908,94359.012.30$20,608
Nov 201909,38255.302.75$25,807
Oct 201909,54953.472.42$23,095
Sep 201909,34355.052.66$24,827
Aug 2019459,58053.112.30$24,466
Jul 201909,40056.272.46$23,125
Jun 201909,27352.782.49$23,101
May 201909,24558.482.74$25,334
Apr 2019469,01862.632.75$27,687
Mar 201909,50956.803.06$29,118
Feb 2019509,11450.852.79$27,991
Jan 2019010,33846.033.23$33,373
Dec 2018010,26446.594.19$42,959
Nov 201809,91852.934.24$42,025
Oct 2018010,37761.443.40$35,262
Sep 2018010,05759.543.11$31,257
Aug 2018010,48559.403.07$32,153
Jul 2018010,40865.142.93$30,515
Jun 201809,69260.183.08$29,822
May 20184210,61365.382.90$33,532
Apr 2018010,68063.842.90$30,981
Mar 2018010,84661.222.79$30,226
Feb 201809,50661.782.77$26,295
Jan 201809,43962.874.01$37,844
Dec 20174710,39157.272.92$33,049
Nov 2017010,76355.423.12$33,563
Oct 2017011,02649.292.98$32,898
Sep 2017010,72647.523.09$33,114
Aug 2017011,21445.373.00$33,691
Jul 2017011,29843.873.09$34,880
Jun 2017011,38342.493.09$35,143
May 2017011,38345.373.26$37,147
Apr 2017010,27747.933.21$33,006
Mar 2017010,62546.772.98$31,702
Feb 201709,84950.452.95$29,080
Jan 2017011,03449.413.42$37,723
Dec 2016011,08348.763.72$41,260
Nov 2016010,60742.492.64$28,049
Oct 20165311,40146.193.09$37,680
Sep 2016011,36541.553.10$35,239
Aug 2016011,70441.442.92$34,226
Jul 2016011,54941.622.92$33,773
Jun 2016011,13845.352.69$29,915
May 20165111,53442.521.99$25,133
Apr 2016011,25336.561.99$22,405
Mar 2016011,82633.011.79$21,216
Feb 20165110,36926.472.06$22,748
Jan 2016010,72527.352.36$25,358
Dec 2015011,85232.362.00$23,721
Nov 2015011,99438.792.17$25,995
Oct 2015012,44043.552.43$30,187
Sep 20151012,32342.992.76$34,422
Aug 20155212,96940.162.87$39,342
Jul 2015012,82548.152.95$37,771
Jun 2015012,78956.152.88$36,869
May 20155213,68755.212.96$43,322
Apr 20155213,39849.822.71$38,853
Mar 2015013,51642.892.93$39,666
Feb 2015011,95444.662.98$35,577
Jan 20155113,68943.433.10$44,659
Dec 2014012,93854.693.59$46,465
Nov 20144912,92370.464.25$58,399
Oct 2014015,03578.303.90$58,651
Sep 2014114,87486.164.05$60,258
Aug 2014013,59289.394.04$54,845
Jul 20145114,26896.564.18$64,559
Jun 2014013,69398.164.74$64,862
May 2014014,26494.734.73$67,420
Apr 20145213,56795.944.81$70,234
Mar 20145314,18095.895.06$76,788
Feb 2014012,82297.406.19$79,394
Jan 20146015,39790.404.86$80,265
Dec 2013015,94591.824.35$69,432
Nov 2013015,67588.853.74$58,598
Oct 2013017,01397.423.78$64,298
Sep 20133316,580104.113.72$65,076
Aug 2013017,664104.253.52$62,223
Jul 20135217,774102.523.72$71,410
Jun 2013017,43494.403.93$68,575
May 20135218,17394.834.15$80,332
Apr 2013017,96293.964.28$76,924
Mar 20135218,76293.623.91$78,282
Feb 20135117,40691.233.42$64,180
Jan 2013019,46791.603.42$66,575
Dec 2012019,72786.773.42$67,470
Nov 20124919,14586.953.62$73,660
Oct 2012020,05789.383.40$68,187
Sep 2012019,91294.672.92$58,111
Aug 2012020,28292.662.91$58,983
Jul 20124520,00485.133.02$64,259
Jun 2012019,00779.822.52$47,879
May 20124719,81491.612.49$53,609
Apr 20124719,832101.652.00$44,378
Mar 2012021,206105.052.22$47,121
Feb 20124620,962101.102.57$58,528
Jan 20123622,85698.092.73$66,021
Dec 20114924,34396.873.24$83,612
Nov 2011024,22495.723.31$80,212
Oct 20114725,70384.983.65$97,772
Sep 20114025,77883.623.99$106,091
Aug 20113027,57483.404.15$116,915
Jul 2011028,37894.144.52$128,190
Jun 20114727,95392.904.64$134,065
May 20119629,83498.134.40$140,834
Apr 2011030,003105.964.33$130,011
Mar 20115033,30596.364.06$139,948
Feb 201110130,91685.644.18$137,878
Jan 20115436,22886.504.59$170,913
Dec 201010341,70385.734.35$190,144
Nov 201010242,50680.843.80$169,570
Oct 20105147,39378.103.51$170,280
Sep 201015451,66472.633.98$216,780
Aug 201014963,06273.684.42$289,672
Jul 20109571,96472.554.74$347,749
Jun 2010022,14970.364.91$108,760
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

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                6,617 Mcf  × $  3.05 =    $20,154

────────────────────────────────────────────────────
Month total                                  $20,154

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/254769 is the state's own key, not one this site invented.