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 254798District 09Field 65280200CondensateGasSaveExport
Value, all time
$8.3 M
Jul 2009 – May 2026
Value, last 12 filed months
$244 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
CondensateDisposition830 bbl$59,509
GasProduction2,286,946 Mcf$8,244,178
Total$8,303,687

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 202615,329106.413.05$16,338
Apr 202615,48098.932.87$15,825
Mar 202615,61089.753.15$17,758
Feb 202615,27463.503.75$19,843
Jan 202605,93059.138.00$47,428
Dec 202505,89256.664.41$26,004
Nov 202505,64058.593.93$22,145
Oct 202505,28759.383.30$17,473
Sep 202504,72162.743.08$14,526
Aug 202504,92663.933.01$14,851
Jul 202504,86266.743.32$16,119
Jun 202515,04766.483.13$15,857
May 202515,71260.553.23$18,524
Apr 202504,17162.363.54$14,778
Mar 202515,19467.704.27$22,237
Feb 202505,12870.884.34$22,260
Jan 202505,34474.324.28$22,865
Dec 202405,32168.993.12$16,609
Nov 202405,02369.052.20$11,043
Oct 202405,63371.372.28$12,851
Sep 202405,80669.612.36$13,727
Aug 202406,26375.632.06$12,925
Jul 2024986,31979.932.15$21,397
Jun 202406,01978.082.63$15,854
May 202416,25278.812.20$13,823
Apr 202405,87684.451.66$9,749
Mar 202406,34480.301.55$9,802
Feb 202405,42976.091.78$9,683
Jan 202405,60973.023.30$18,497
Dec 202305,10971.262.61$13,338
Nov 202305,31777.892.81$14,928
Oct 202305,94185.443.09$18,342
Sep 202306,08189.042.74$16,632
Aug 202306,26580.522.67$16,746
Jul 202306,36874.852.64$16,823
Jun 202306,29268.962.26$14,210
May 202306,34870.622.23$14,140
Apr 202305,83578.122.24$13,057
Mar 202306,06472.852.39$14,512
Feb 202305,56975.112.47$13,731
Jan 202306,46376.533.39$21,895
Dec 202206,52676.415.73$37,388
Nov 202206,38685.005.65$36,057
Oct 202206,53987.185.86$38,343
Sep 202206,25984.888.16$51,096
Aug 202206,63594.529.13$60,559
Jul 202206,428101.587.54$48,480
Jun 202206,510115.097.98$51,932
May 202206,790109.378.43$57,260
Apr 202216,614104.226.84$45,328
Mar 202206,740108.885.08$34,215
Feb 202206,09991.054.86$29,634
Jan 202206,50581.844.54$29,518
Dec 202106,87471.323.90$26,803
Nov 202106,56977.435.24$34,401
Oct 202106,74079.795.71$38,511
Sep 202106,16269.865.35$32,972
Aug 202106,67066.024.22$28,151
Jul 202106,68270.783.98$26,608
Jun 202106,68169.493.38$22,586
May 202107,04163.483.02$21,247
Apr 202106,93560.362.76$19,130
Mar 202107,31861.302.72$19,883
Feb 202115,74457.805.55$31,925
Jan 202117,15550.412.81$20,158
Dec 2020857,21944.642.68$23,109
Nov 202007,10138.772.71$19,219
Oct 202007,39836.972.48$18,335
Sep 202007,23737.091.99$14,409
Aug 202007,58539.982.39$18,091
Jul 202007,55238.371.83$13,783
Jun 202007,37534.901.69$12,466
May 202007,51716.921.81$13,641
Apr 202007,31414.751.80$13,197
Mar 202007,44530.341.86$13,820
Feb 202007,00949.881.98$13,883
Jan 2020187,96157.252.09$17,707
Dec 201905,71659.012.30$13,172
Nov 201907,30455.302.75$20,091
Oct 201907,71453.472.42$18,657
Sep 201907,68455.052.66$20,419
Aug 20191037,85753.112.30$23,576
Jul 201907,93956.272.46$19,530
Jun 201907,65052.782.49$19,058
May 201908,15458.482.74$22,345
Apr 201908,07162.632.75$22,201
Mar 201908,25256.803.06$25,268
Feb 201907,53250.852.79$21,031
Jan 201908,36146.033.23$26,991
Dec 201808,61646.594.19$36,062
Nov 201808,00652.934.24$33,923
Oct 201808,19161.443.40$27,834
Sep 201808,02959.543.11$24,954
Aug 201808,12859.403.07$24,925
Jul 201808,35965.142.93$24,508
Jun 201808,46160.183.08$26,034
May 201808,70765.382.90$25,257
Apr 201808,35563.842.90$24,236
Mar 201808,81261.222.79$24,558
Feb 201807,83961.782.77$21,684
Jan 201809,18362.874.01$36,818
Dec 201709,35757.272.92$27,337
Nov 201709,40055.423.12$29,313
Oct 201709,08849.292.98$27,116
Sep 201707,96847.523.09$24,599
Aug 201707,79045.373.00$23,404
Jul 201707,99343.873.09$24,677
Jun 201708,25742.493.09$25,492
May 201709,13845.373.26$29,821
Apr 201708,98647.933.21$28,859
Mar 201709,45546.772.98$28,211
Feb 2017998,65250.452.95$30,540
Jan 201709,72549.413.42$33,248
Dec 201609,54648.763.72$35,538
Nov 201609,36942.492.64$24,775
Oct 201609,78046.193.09$30,223
Sep 201609,59441.553.10$29,747
Aug 2016010,01941.442.92$29,299
Jul 2016010,18241.622.92$29,776
Jun 201609,78845.352.69$26,289
May 2016010,14542.521.99$20,199
Apr 201609,94136.561.99$19,793
Mar 2016010,35233.011.79$18,572
Feb 201609,62426.472.06$19,860
Jan 2016010,41127.352.36$24,615
Dec 2015010,65832.362.00$21,331
Nov 2015010,53738.792.17$22,837
Oct 2015010,90843.552.43$26,469
Sep 2015010,63842.992.76$29,344
Aug 2015011,20840.162.87$32,195
Jul 2015011,11648.152.95$32,738
Jun 2015010,84356.152.88$31,259
May 2015011,39355.212.96$33,671
Apr 2015011,25349.822.71$30,457
Mar 2015011,80842.892.93$34,653
Feb 2015010,70144.662.98$31,848
Jan 2015011,81443.433.10$36,631
Dec 2014011,86054.693.59$42,594
Nov 2014011,81370.464.25$50,227
Oct 2014012,42978.303.90$48,485
Sep 2014012,14786.164.05$49,140
Aug 2014012,77689.394.04$51,553
Jul 2014012,98396.564.18$54,264
Jun 20141018,98798.164.74$52,485
May 2014012,97994.734.73$61,346
Apr 2014112,36195.944.81$59,541
Mar 2014013,16795.895.06$66,583
Feb 2014012,14397.406.19$75,189
Jan 2014013,90490.404.86$67,583
Dec 2013014,16391.824.35$61,673
Nov 2013013,89788.853.74$51,951
Oct 2013014,67697.423.78$55,466
Sep 2013014,626104.113.72$54,376
Aug 2013015,425104.253.52$54,336
Jul 2013015,596102.523.72$57,982
Jun 2013015,17194.403.93$59,674
May 2013015,94594.834.15$66,157
Apr 2013015,72593.964.28$67,344
Mar 2013016,32893.623.91$63,889
Feb 2013014,93791.233.42$51,083
Jan 2013017,19091.603.42$58,788
Dec 20129417,35786.773.42$67,520
Nov 2012016,91786.953.62$61,323
Oct 2012017,78989.383.40$60,477
Sep 2012017,94994.672.92$52,382
Aug 2012019,03192.662.91$55,345
Jul 2012019,26185.133.02$58,184
Jun 2012018,96279.822.52$47,766
May 2012020,16191.612.49$50,167
Apr 2012019,953101.652.00$39,842
Mar 2012020,870105.052.22$46,375
Feb 2012019,903101.102.57$51,155
Jan 2012022,07998.092.73$60,366
Dec 2011023,15596.873.24$75,016
Nov 2011023,01595.723.31$76,209
Oct 2011024,31584.983.65$88,714
Sep 2011024,12083.623.99$96,138
Aug 2011025,58383.404.15$106,152
Jul 2011026,78094.144.52$120,972
Jun 2011027,07392.904.64$125,615
May 2011028,56798.134.40$125,832
Apr 2011029,277105.964.33$126,865
Mar 2011030,78496.364.06$124,901
Feb 201110828,65685.644.18$129,031
Jan 2011033,19186.504.59$152,306
Dec 2010035,12185.734.35$152,697
Nov 2010034,60680.843.80$131,341
Oct 2010040,62178.103.51$142,535
Sep 2010043,31972.633.98$172,387
Aug 2010044,54773.684.42$196,869
Jul 201011248,53472.554.74$238,006
Jun 2010055,23870.364.91$271,241
May 2010070,21971.124.24$297,393
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                5,329 Mcf  × $  3.05 =    $16,231

────────────────────────────────────────────────────
Month total                                  $16,338

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/254798 is the state's own key, not one this site invented.