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 254805District 09Field 65280200CondensateGasSaveExport
Value, all time
$9.0 M
Aug 2009 – May 2026
Value, last 12 filed months
$289 k
at the published price for each month
Months reported
202
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
CondensateDisposition3,014 bbl$233,614
GasProduction2,434,553 Mcf$8,728,764
Total$8,962,379

Every month this lease reported (202)

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

202 months

May 202606,230106.413.05$18,976
Apr 202606,08198.932.87$17,451
Mar 202606,31689.753.15$19,892
Feb 2026665,59363.503.75$25,167
Jan 202606,21659.138.00$49,715
Dec 202506,31356.664.41$27,862
Nov 202506,27358.593.93$24,631
Oct 202506,43859.383.30$21,277
Sep 202506,27562.743.08$19,308
Aug 2025656,40963.933.01$23,477
Jul 202506,37666.743.32$21,138
Jun 202506,27166.483.13$19,620
May 202506,77860.553.23$21,909
Apr 202506,75462.363.54$23,930
Mar 202507,02567.704.27$29,985
Feb 202506,25770.884.34$27,161
Jan 202507,08574.324.28$30,314
Dec 2024646,88268.993.12$25,897
Nov 202406,53869.052.20$14,373
Oct 202407,35271.372.28$16,773
Sep 202407,08469.612.36$16,749
Aug 202405,10575.632.06$10,535
Jul 202403,28179.932.15$7,043
Jun 202403,08578.082.63$8,126
May 202402,69478.812.20$5,923
Apr 202405,06584.451.66$8,404
Mar 202406,05780.301.55$9,359
Feb 202406,13576.091.78$10,943
Jan 202406,51673.023.30$21,488
Dec 202305,57871.262.61$14,563
Nov 202305,27877.892.81$14,818
Oct 2023475,68885.443.09$21,576
Sep 202305,46789.042.74$14,952
Aug 202305,44680.522.67$14,557
Jul 202305,43574.852.64$14,358
Jun 202305,51368.962.26$12,451
May 202306,08170.622.23$13,545
Apr 202306,02678.122.24$13,485
Mar 202306,24772.852.39$14,950
Feb 202305,69275.112.47$14,035
Jan 202306,53876.533.39$22,149
Dec 202206,50276.415.73$37,250
Nov 202206,03085.005.65$34,047
Oct 202206,30287.185.86$36,953
Sep 202206,13584.888.16$50,084
Aug 202206,38594.529.13$58,277
Jul 202206,338101.587.54$47,802
Jun 202206,328115.097.98$50,480
May 202206,753109.378.43$56,948
Apr 2022456,184104.226.84$46,974
Mar 202206,582108.885.08$33,413
Feb 202205,91891.054.86$28,755
Jan 202207,02381.844.54$31,868
Dec 202107,40971.323.90$28,889
Nov 202107,08077.435.24$37,077
Oct 202107,47279.795.71$42,694
Sep 202107,32269.865.35$39,179
Aug 202107,55566.024.22$31,887
Jul 202107,70470.783.98$30,678
Jun 202107,36269.493.38$24,888
May 202107,55263.483.02$22,789
Apr 202107,21760.362.76$19,908
Mar 2021468,65361.302.72$26,329
Feb 202106,32157.805.55$35,069
Jan 202108,13350.412.81$22,856
Dec 202008,15644.642.68$21,821
Nov 202007,87838.772.71$21,322
Oct 202008,33436.972.48$20,655
Sep 202008,24637.091.99$16,418
Aug 202008,06639.982.39$19,238
Jul 202008,26338.371.83$15,081
Jun 202007,62634.901.69$12,890
May 202008,17016.921.81$14,827
Apr 202007,37314.751.80$13,304
Mar 202007,27830.341.86$13,510
Feb 202006,75149.881.98$13,372
Jan 2020457,70357.252.09$18,712
Dec 201907,54259.012.30$17,379
Nov 201907,27955.302.75$20,022
Oct 201907,46053.472.42$18,042
Sep 201906,83855.052.66$18,170
Aug 2019457,27053.112.30$19,143
Jul 201907,47256.272.46$18,382
Jun 201907,31652.782.49$18,226
May 201907,85258.482.74$21,517
Apr 2019468,33162.632.75$25,797
Mar 201908,63756.803.06$26,447
Feb 2019507,96250.852.79$24,774
Jan 201908,83346.033.23$28,515
Dec 201808,85246.594.19$37,050
Nov 201808,44452.934.24$35,779
Oct 201808,82461.443.40$29,985
Sep 201808,72359.543.11$27,111
Aug 201808,95659.403.07$27,464
Jul 201809,08165.142.93$26,624
Jun 201809,17760.183.08$28,237
May 2018429,41465.382.90$30,054
Apr 201808,80263.842.90$25,533
Mar 201808,82261.222.79$24,586
Feb 201808,22561.782.77$22,751
Jan 201809,36662.874.01$37,551
Dec 2017479,87257.272.92$31,533
Nov 201709,48955.423.12$29,590
Oct 2017010,02649.292.98$29,914
Sep 2017010,34947.523.09$31,950
Aug 2017010,60045.373.00$31,847
Jul 201709,34743.873.09$28,857
Jun 201709,17542.493.09$28,326
May 2017010,41445.373.26$33,985
Apr 2017010,78247.933.21$34,627
Mar 2017011,09946.772.98$33,116
Feb 201709,97250.452.95$29,443
Jan 2017010,38349.413.42$35,497
Dec 2016010,97848.763.72$40,869
Nov 2016010,92942.492.64$28,900
Oct 20165411,33646.193.09$37,525
Sep 2016010,86041.553.10$33,673
Aug 2016011,61441.442.92$33,963
Jul 2016011,73341.622.92$34,311
Jun 2016011,20145.352.69$30,084
May 20165411,75942.521.99$25,709
Apr 2016011,59136.561.99$23,078
Mar 2016012,03133.011.79$21,584
Feb 20165511,45726.472.06$25,099
Jan 2016012,04327.352.36$28,474
Dec 2015011,75432.362.00$23,525
Nov 2015011,27438.792.17$24,434
Oct 2015012,38243.552.43$30,046
Sep 2015912,02842.992.76$33,565
Aug 20154912,50440.162.87$37,885
Jul 2015012,37048.152.95$36,431
Jun 2015011,92156.152.88$34,367
May 20154912,59755.212.96$39,935
Apr 20154912,05749.822.71$35,074
Mar 2015011,63642.892.93$34,148
Feb 2015010,69644.662.98$31,833
Jan 20155212,33343.433.10$40,498
Dec 2014013,66554.693.59$49,076
Nov 20145112,78770.464.25$57,962
Oct 2014012,73278.303.90$49,667
Sep 2014016,41986.164.05$66,422
Aug 2014014,74489.394.04$59,494
Jul 20145314,54996.564.18$65,927
Jun 2014014,23798.164.74$67,439
May 2014014,74194.734.73$69,674
Apr 20145314,35595.944.81$74,120
Mar 20145515,00795.895.06$81,161
Feb 2014013,81997.406.19$85,567
Jan 20145314,46490.404.86$75,097
Dec 2013014,25391.824.35$62,064
Nov 2013013,98188.853.74$52,265
Oct 2013014,83197.423.78$56,052
Sep 20132814,627104.113.72$57,294
Aug 2013015,086104.253.52$53,142
Jul 20134916,344102.523.72$65,786
Jun 2013016,51494.403.93$64,956
May 20135017,27594.834.15$76,417
Apr 2013016,83193.964.28$72,080
Mar 20135017,60693.623.91$73,571
Feb 20135116,34291.233.42$60,541
Jan 2013018,76991.603.42$64,188
Dec 2012019,16986.773.42$65,561
Nov 20125118,95686.953.62$73,149
Oct 2012019,73489.383.40$67,089
Sep 2012019,47194.672.92$56,824
Aug 2012021,21792.662.91$61,702
Jul 20125422,60385.133.02$72,876
Jun 2012022,30279.822.52$56,180
May 20125423,47691.612.49$63,363
Apr 20125922,875101.652.00$51,674
Mar 2012023,981105.052.22$53,288
Feb 20125322,573101.102.57$63,376
Jan 20125825,29898.092.73$74,856
Dec 20115325,77196.873.24$88,625
Nov 2011025,28795.723.31$83,732
Oct 20115226,54784.983.65$101,277
Sep 20115226,33283.623.99$109,302
Aug 20115728,17483.404.15$121,657
Jul 2011028,63094.144.52$129,329
Jun 20115129,89992.904.64$143,466
May 201110132,19898.134.40$151,738
Apr 2011032,449105.964.33$140,611
Mar 20115032,39896.364.06$136,268
Feb 20119930,94185.644.18$137,811
Jan 20115234,78086.504.59$164,096
Dec 201010140,18585.734.35$183,373
Nov 201010242,36180.843.80$169,020
Oct 20105147,42978.103.51$170,406
Sep 201015151,69272.633.98$216,674
Aug 201014055,18373.684.42$254,189
Jul 201010176,59672.554.74$370,124
Jun 2010036,42170.364.91$178,842
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

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                6,230 Mcf  × $  3.05 =    $18,976

────────────────────────────────────────────────────
Month total                                  $18,976

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/254805 is the state's own key, not one this site invented.