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 254797District 09Field 65280200CondensateGasSaveExport
Value, all time
$7.2 M
Jun 2009 – May 2026
Value, last 12 filed months
$243 k
at the published price for each month
Months reported
204
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
CondensateDisposition562 bbl$43,670
GasProduction1,986,709 Mcf$7,155,164
Total$7,198,834

Every month this lease reported (204)

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

204 months

May 202625,194106.413.05$16,033
Apr 202635,16098.932.87$15,105
Mar 202635,37189.753.15$17,185
Feb 202634,93363.503.75$18,691
Jan 202605,83259.138.00$46,644
Dec 202515,42156.664.41$23,981
Nov 202515,31558.593.93$20,928
Oct 202515,59759.383.30$18,557
Sep 202515,36262.743.08$16,561
Aug 202505,26463.933.01$15,870
Jul 202515,34066.743.32$17,770
Jun 202535,04366.483.13$15,978
May 202525,21260.553.23$16,968
Apr 202525,11762.363.54$18,255
Mar 202535,16367.704.27$22,240
Feb 202504,91170.884.34$21,318
Jan 202515,07474.324.28$21,784
Dec 202415,50168.993.12$17,240
Nov 202415,45069.052.20$12,051
Oct 202415,55171.372.28$12,735
Sep 202405,49369.612.36$12,987
Aug 20241075.632.06$76
Jul 202415,71679.932.15$12,350
Jun 202415,62978.082.63$14,905
May 202436,37678.812.20$14,254
Apr 202416,50984.451.66$10,884
Mar 202415,63380.301.55$8,784
Feb 202405,16076.091.78$9,204
Jan 202405,22173.023.30$17,217
Dec 202305,18971.262.61$13,547
Nov 202305,47177.892.81$15,360
Oct 202305,63685.443.09$17,400
Sep 202315,66489.042.74$15,580
Aug 202316,10680.522.67$16,401
Jul 202315,37474.852.64$14,272
Jun 202315,14268.962.26$11,682
May 202315,62570.622.23$12,600
Apr 202304,71378.122.24$10,547
Mar 202324,08672.852.39$9,924
Feb 202315,26075.112.47$13,045
Jan 202305,47576.533.39$18,548
Dec 202215,34276.415.73$30,681
Nov 202206,01985.005.65$33,984
Oct 202206,00287.185.86$35,194
Sep 202215,79784.888.16$47,410
Aug 202206,03594.529.13$55,082
Jul 202226,027101.587.54$45,659
Jun 202225,453115.097.98$43,730
May 202225,876109.378.43$49,771
Apr 202235,653104.226.84$38,966
Mar 202216,300108.885.08$32,090
Feb 202216,38291.054.86$31,100
Jan 202215,74781.844.54$26,160
Dec 202105,57871.323.90$21,749
Nov 202105,43077.435.24$28,436
Oct 202115,79179.795.71$33,169
Sep 202105,60069.865.35$29,965
Aug 202116,36566.024.22$26,930
Jul 202106,40870.783.98$25,517
Jun 202115,90569.493.38$20,032
May 202115,84963.483.02$17,714
Apr 202106,46360.362.76$17,828
Mar 202106,53761.302.72$17,761
Feb 202104,92357.805.55$27,313
Jan 202106,40950.412.81$18,011
Dec 202006,59544.642.68$17,645
Nov 202006,36138.772.71$17,216
Oct 202006,73836.972.48$16,700
Sep 202006,56437.091.99$13,069
Aug 202006,61139.982.39$15,768
Jul 202006,45438.371.83$11,779
Jun 202006,41834.901.69$10,848
May 202006,15816.921.81$11,175
Apr 202006,34314.751.80$11,445
Mar 202006,36230.341.86$11,809
Feb 202006,47049.881.98$12,815
Jan 202007,31257.252.09$15,317
Dec 201907,14959.012.30$16,474
Nov 201907,21555.302.75$19,846
Oct 201907,73053.472.42$18,695
Sep 201907,59455.052.66$20,179
Aug 201907,68153.112.30$17,700
Jul 201907,60156.272.46$18,699
Jun 201907,07252.782.49$17,618
May 201907,38058.482.74$20,224
Apr 201906,94462.632.75$19,101
Mar 201907,52756.803.06$23,048
Feb 201906,45950.852.79$18,035
Jan 201904,96746.033.23$16,034
Dec 201805,07546.594.19$21,241
Nov 201804,21652.934.24$17,864
Oct 201805,46161.443.40$18,557
Sep 201805,44959.543.11$16,935
Aug 201805,62159.403.07$17,237
Jul 201805,56765.142.93$16,322
Jun 201805,94460.183.08$18,289
May 201805,37965.382.90$15,603
Apr 201805,45763.842.90$15,830
Mar 201805,35161.222.79$14,912
Feb 201805,07361.782.77$14,033
Jan 201806,59862.874.01$26,453
Dec 201707,47257.272.92$21,830
Nov 201706,53555.423.12$20,378
Oct 201707,25949.292.98$21,659
Sep 201707,00947.523.09$21,639
Aug 201707,17045.373.00$21,542
Jul 201706,17043.873.09$19,049
Jun 201706,47442.493.09$19,987
May 201707,01545.373.26$22,893
Apr 201707,06047.933.21$22,674
Mar 201706,42746.772.98$19,176
Feb 201705,30850.452.95$15,672
Jan 2017286,26749.413.42$22,809
Dec 201606,36648.763.72$23,700
Nov 201606,93042.492.64$18,325
Oct 201608,18046.193.09$25,278
Sep 201607,99341.553.10$24,783
Aug 201608,38841.442.92$24,529
Jul 201608,53941.622.92$24,971
Jun 201608,51645.352.69$22,873
May 201609,13142.521.99$18,180
Apr 201606,90536.561.99$13,748
Mar 201608,09933.011.79$14,530
Feb 201608,00726.472.06$16,523
Jan 2016658,72927.352.36$22,416
Dec 201509,23832.362.00$18,489
Nov 201508,89838.792.17$19,285
Oct 201508,92543.552.43$21,657
Sep 201508,83542.992.76$24,371
Aug 201509,51340.162.87$27,326
Jul 201509,43848.152.95$27,796
Jun 201509,42456.152.88$27,168
May 2015010,24755.212.96$30,285
Apr 201509,85349.822.71$26,668
Mar 2015010,42142.892.93$30,583
Feb 201519,91844.662.98$29,563
Jan 2015011,47943.433.10$35,592
Dec 2014010,95254.693.59$39,333
Nov 20146710,07470.464.25$47,554
Oct 2014011,07278.303.90$43,191
Sep 2014111,31386.164.05$45,852
Aug 2014012,31689.394.04$49,697
Jul 2014013,43796.564.18$56,161
Jun 2014011,28298.164.74$53,441
May 2014010,72394.734.73$50,683
Apr 2014210,18195.944.81$49,154
Mar 2014110,67095.895.06$54,052
Feb 2014011,85797.406.19$73,419
Jan 20146713,65390.404.86$72,420
Dec 2013013,82891.824.35$60,214
Nov 2013012,48688.853.74$46,676
Oct 2013014,23797.423.78$53,807
Sep 2013014,391104.113.72$53,502
Aug 2013115,360104.253.52$54,212
Jul 2013013,552102.523.72$50,383
Jun 2013112,61294.403.93$49,703
May 2013014,83294.834.15$61,539
Apr 2013014,79793.964.28$63,369
Mar 2013015,01093.623.91$58,732
Feb 2013013,18691.233.42$45,095
Jan 2013013,85191.603.42$47,369
Dec 20125415,48386.773.42$57,640
Nov 2012016,40986.953.62$59,482
Oct 2012018,05589.383.40$61,381
Sep 20128417,27294.672.92$58,359
Aug 2012017,23592.662.91$50,122
Jul 2012016,65485.133.02$50,308
Jun 2012015,54879.822.52$39,166
May 2012013,93291.612.49$34,667
Apr 2012019,128101.652.00$38,195
Mar 2012020,459105.052.22$45,462
Feb 2012018,873101.102.57$48,508
Jan 2012021,27998.092.73$58,178
Dec 2011022,32496.873.24$72,324
Nov 2011023,24495.723.31$76,967
Oct 2011024,33584.983.65$88,787
Sep 2011024,74883.623.99$98,641
Aug 2011026,29583.404.15$109,106
Jul 2011026,75794.144.52$120,868
Jun 2011026,07892.904.64$120,999
May 20118627,61498.134.40$130,074
Apr 2011026,392105.964.33$114,364
Mar 2011028,52096.364.06$115,715
Feb 2011024,36985.644.18$101,862
Jan 2011030,13986.504.59$138,301
Dec 2010032,93885.734.35$143,206
Nov 2010033,68380.843.80$127,838
Oct 2010037,50378.103.51$131,594
Sep 20104040,81472.633.98$165,323
Aug 2010023,45873.684.42$103,669
Jul 2010035,79372.554.74$169,533
Jun 2010041,86670.364.91$205,579
May 2010035,62671.124.24$150,884
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

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             2 bbl  × $106.41 =       $213
Gas                5,194 Mcf  × $  3.05 =    $15,820

────────────────────────────────────────────────────
Month total                                  $16,033

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/254797 is the state's own key, not one this site invented.