LANCASTER

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 254796District 09Field 65280200CondensateGasSaveExport
Value, all time
$7.3 M
Jul 2009 – May 2026
Value, last 12 filed months
$214 k
at the published price for each month
Months reported
203
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
CondensateDisposition756 bbl$53,543
GasProduction2,032,967 Mcf$7,291,506
Total$7,345,050

Every month this lease reported (203)

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

203 months

May 202614,311106.413.05$13,237
Apr 202614,10898.932.87$11,888
Mar 202614,35889.753.15$13,815
Feb 202624,03863.503.75$15,271
Jan 202604,75459.138.00$38,022
Dec 202504,58756.664.41$20,244
Nov 202504,53658.593.93$17,810
Oct 202505,83559.383.30$19,284
Sep 202504,71762.743.08$14,514
Aug 202505,06263.933.01$15,261
Jul 202505,39966.743.32$17,899
Jun 202515,18066.483.13$16,273
May 202515,72360.553.23$18,559
Apr 202503,87762.363.54$13,737
Mar 202515,20967.704.27$22,301
Feb 202504,24070.884.34$18,405
Jan 202505,92274.324.28$25,338
Dec 202406,15768.993.12$19,218
Nov 202405,99369.052.20$13,175
Oct 202406,09171.372.28$13,896
Sep 202405,56569.612.36$13,158
Aug 202405,34175.632.06$11,022
Jul 2024975,31079.932.15$19,152
Jun 202404,82978.082.63$12,719
May 202415,47478.812.20$12,113
Apr 202405,14084.451.66$8,528
Mar 202415,00580.301.55$7,814
Feb 202404,67076.091.78$8,330
Jan 202406,16773.023.30$20,337
Dec 202305,50671.262.61$14,375
Nov 202305,09777.892.81$14,310
Oct 202305,24485.443.09$16,190
Sep 202305,16589.042.74$14,126
Aug 202305,52280.522.67$14,760
Jul 202305,11974.852.64$13,523
Jun 202304,80468.962.26$10,850
May 202306,16170.622.23$13,723
Apr 202306,37878.122.24$14,272
Mar 202305,88572.852.39$14,084
Feb 202305,79075.112.47$14,276
Jan 202306,11776.533.39$20,723
Dec 202205,72576.415.73$32,799
Nov 202205,53685.005.65$31,257
Oct 202205,86587.185.86$34,391
Sep 202205,74184.888.16$46,868
Aug 202205,81394.529.13$53,056
Jul 202206,440101.587.54$48,571
Jun 202206,310115.097.98$50,336
May 202206,225109.378.43$52,496
Apr 202206,412104.226.84$43,843
Mar 202206,923108.885.08$35,144
Feb 202206,29691.054.86$30,591
Jan 202205,98581.844.54$27,158
Dec 202106,10071.323.90$23,785
Nov 202105,81977.435.24$30,473
Oct 202106,15379.795.71$35,157
Sep 202105,90869.865.35$31,613
Aug 202106,26366.024.22$26,434
Jul 202106,30070.783.98$25,087
Jun 202106,19369.493.38$20,936
May 202106,41363.483.02$19,352
Apr 202106,31860.362.76$17,428
Mar 202106,81661.302.72$18,519
Feb 202115,42457.805.55$30,150
Jan 202116,42950.412.81$18,118
Dec 2020856,54744.642.68$21,311
Nov 202006,09938.772.71$16,507
Oct 202006,51736.972.48$16,152
Sep 202006,19637.091.99$12,336
Aug 202006,53039.982.39$15,575
Jul 202006,68938.371.83$12,208
Jun 202006,59234.901.69$11,143
May 202006,89216.921.81$12,507
Apr 202006,89014.751.80$12,432
Mar 202006,60630.341.86$12,262
Feb 202006,44849.881.98$12,771
Jan 2020186,54457.252.09$14,738
Dec 201907,31859.012.30$16,863
Nov 201916,77355.302.75$18,686
Oct 201907,14253.472.42$17,273
Sep 201906,96455.052.66$18,505
Aug 20191027,08453.112.30$21,741
Jul 201907,36556.272.46$18,118
Jun 201907,10752.782.49$17,705
May 201907,33458.482.74$20,098
Apr 201907,29462.632.75$20,064
Mar 201907,60756.803.06$23,293
Feb 201907,06750.852.79$19,733
Jan 201908,18246.033.23$26,413
Dec 201808,34846.594.19$34,940
Nov 201807,83852.934.24$33,211
Oct 201808,06161.443.40$27,392
Sep 201807,87159.543.11$24,463
Aug 201808,09659.403.07$24,827
Jul 201808,02165.142.93$23,517
Jun 201808,23060.183.08$25,323
May 201808,72365.382.90$25,304
Apr 201808,12163.842.90$23,557
Mar 201808,51461.222.79$23,727
Feb 201807,60761.782.77$21,042
Jan 201808,57662.874.01$34,384
Dec 201709,82957.272.92$28,716
Nov 201709,16955.423.12$28,592
Oct 201709,02349.292.98$26,922
Sep 201708,83247.523.09$27,267
Aug 201709,08845.373.00$27,304
Jul 201709,26843.873.09$28,613
Jun 201708,29042.493.09$25,594
May 201708,94545.373.26$29,191
Apr 201708,78247.933.21$28,204
Mar 201709,20646.772.98$27,468
Feb 2017958,23650.452.95$29,110
Jan 201709,16049.413.42$31,316
Dec 201609,44748.763.72$35,170
Nov 201608,53342.492.64$22,564
Oct 201608,93646.193.09$27,615
Sep 201608,87541.553.10$27,518
Aug 201609,10141.442.92$26,614
Jul 201608,96541.622.92$26,217
Jun 201608,80745.352.69$23,654
May 201609,29142.521.99$18,499
Apr 201609,24336.561.99$18,403
Mar 201609,36533.011.79$16,801
Feb 201608,56726.472.06$17,679
Jan 201609,28827.352.36$21,960
Dec 201509,35132.362.00$18,715
Nov 201508,57838.792.17$18,591
Oct 201509,46243.552.43$22,960
Sep 201509,37742.992.76$25,866
Aug 201509,08940.162.87$26,108
Jul 201509,80648.152.95$28,879
Jun 201509,71956.152.88$28,019
May 2015010,28055.212.96$30,382
Apr 2015010,04349.822.71$27,182
Mar 2015010,23942.892.93$30,049
Feb 201509,57544.662.98$28,497
Jan 2015010,93843.433.10$33,915
Dec 2014011,02954.693.59$39,609
Nov 2014010,78170.464.25$45,839
Oct 2014011,19078.303.90$43,652
Sep 2014011,10486.164.05$44,921
Aug 2014012,16389.394.04$49,079
Jul 2014012,89196.564.18$53,879
Jun 2014918,07998.164.74$47,202
May 2014012,15494.734.73$57,447
Apr 2014111,81695.944.81$56,921
Mar 2014012,29395.895.06$62,163
Feb 2014011,10497.406.19$68,756
Jan 2014012,51790.404.86$60,842
Dec 2013012,79391.824.35$55,707
Nov 2013012,43488.853.74$46,482
Oct 2013012,61697.423.78$47,680
Sep 2013012,749104.113.72$47,397
Aug 2013013,164104.253.52$46,372
Jul 2013013,160102.523.72$48,925
Jun 2013013,46894.403.93$52,975
May 2013014,05794.834.15$58,324
Apr 2013013,79393.964.28$59,070
Mar 2013014,62593.623.91$57,226
Feb 2013013,27591.233.42$45,399
Jan 2013015,25191.603.42$52,157
Dec 20128415,39186.773.42$59,928
Nov 2012015,20686.953.62$55,121
Oct 2012015,88589.383.40$54,004
Sep 2012015,67594.672.92$45,746
Aug 2012015,56392.662.91$45,260
Jul 2012016,51785.133.02$49,895
Jun 2012016,65079.822.52$41,942
May 2012017,70191.612.49$44,046
Apr 2012016,902101.652.00$33,750
Mar 2012017,987105.052.22$39,969
Feb 2012017,737101.102.57$45,588
Jan 2012019,77698.092.73$54,069
Dec 2011020,57696.873.24$66,661
Nov 2011021,20695.723.31$70,219
Oct 2011022,27884.983.65$81,282
Sep 2011022,63483.623.99$90,215
Aug 2011024,13483.404.15$100,140
Jul 2011024,81794.144.52$112,104
Jun 2011024,99092.904.64$115,951
May 2011026,85498.134.40$118,287
Apr 2011025,386105.964.33$110,005
Mar 2011025,99396.364.06$105,462
Feb 20118924,83285.644.18$111,419
Jan 2011027,56186.504.59$126,471
Dec 2010028,79385.734.35$125,185
Nov 2010028,99280.843.80$110,034
Oct 2010031,72278.103.51$111,309
Sep 2010035,13472.633.98$139,815
Aug 2010032,63073.684.42$144,204
Jul 20108138,88072.554.74$190,031
Jun 2010039,72570.364.91$195,066
May 2010048,04571.124.24$203,481
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

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             1 bbl  × $106.41 =       $106
Gas                4,311 Mcf  × $  3.05 =    $13,131

────────────────────────────────────────────────────
Month total                                  $13,237

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/254796 is the state's own key, not one this site invented.