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 255987District 09Field 65280200CondensateGasSaveExport
Value, all time
$8.4 M
Sep 2009 – May 2026
Value, last 12 filed months
$230 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
CondensateDisposition2,802 bbl$216,843
GasProduction2,277,117 Mcf$8,143,300
Total$8,360,144

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 202604,537106.413.05$13,819
Apr 202604,71198.932.87$13,519
Mar 202604,96189.753.15$15,624
Feb 2026644,51663.503.75$21,000
Jan 202605,30459.138.00$42,421
Dec 202505,11556.664.41$22,574
Nov 202504,95658.593.93$19,459
Oct 202505,04059.383.30$16,656
Sep 202505,06862.743.08$15,594
Aug 2025635,09663.933.01$19,391
Jul 202504,75566.743.32$15,764
Jun 202504,65266.483.13$14,555
May 202504,71060.553.23$15,224
Apr 202505,00262.363.54$17,723
Mar 202504,79067.704.27$20,445
Feb 202504,70670.884.34$20,428
Jan 202505,61874.324.28$24,038
Dec 2024635,95268.993.12$22,925
Nov 202406,10269.052.20$13,415
Oct 202406,71371.372.28$15,315
Sep 202406,75769.612.36$15,976
Aug 202407,39875.632.06$15,267
Jul 202407,49479.932.15$16,087
Jun 202407,23578.082.63$19,057
May 202407,33478.812.20$16,123
Apr 202406,89684.451.66$11,442
Mar 202406,87680.301.55$10,624
Feb 202406,42376.091.78$11,456
Jan 202406,83473.023.30$22,536
Dec 202307,18671.262.61$18,761
Nov 202307,32477.892.81$20,563
Oct 2023487,38385.443.09$26,895
Sep 202307,03989.042.74$19,252
Aug 202306,77680.522.67$18,111
Jul 202306,75274.852.64$17,837
Jun 202306,37668.962.26$14,400
May 202306,72870.622.23$14,986
Apr 202306,56378.122.24$14,686
Mar 202306,77772.852.39$16,218
Feb 202306,10275.112.47$15,046
Jan 202306,72376.533.39$22,776
Dec 202206,26076.415.73$35,864
Nov 202206,58285.005.65$37,163
Oct 202206,89687.185.86$40,436
Sep 202206,87784.888.16$56,142
Aug 202207,18294.529.13$65,551
Jul 202206,956101.587.54$52,463
Jun 202206,752115.097.98$53,862
May 202207,022109.378.43$59,217
Apr 2022456,960104.226.84$52,280
Mar 202207,257108.885.08$36,839
Feb 202206,23591.054.86$30,295
Jan 202207,00281.844.54$31,773
Dec 202106,90771.323.90$26,931
Nov 202106,57977.435.24$34,453
Oct 202107,05779.795.71$40,323
Sep 202106,76069.865.35$36,172
Aug 202107,06866.024.22$29,831
Jul 202107,23570.783.98$28,810
Jun 202107,11669.493.38$24,056
May 202107,32163.483.02$22,092
Apr 202106,93660.362.76$19,132
Mar 2021467,87561.302.72$24,216
Feb 202105,64257.805.55$31,302
Jan 202106,70250.412.81$18,834
Dec 202006,66544.642.68$17,832
Nov 202007,06538.772.71$19,122
Oct 202007,46336.972.48$18,497
Sep 202007,35337.091.99$14,640
Aug 202007,44039.982.39$17,745
Jul 202007,87538.371.83$14,373
Jun 202007,45834.901.69$12,606
May 202007,57616.921.81$13,749
Apr 202007,42314.751.80$13,394
Mar 202007,76830.341.86$14,419
Feb 202007,32949.881.98$14,516
Jan 2020457,88057.252.09$19,083
Dec 201907,95159.012.30$18,322
Nov 201907,63955.302.75$21,013
Oct 201907,62053.472.42$18,429
Sep 201907,46955.052.66$19,847
Aug 2019457,68553.112.30$20,099
Jul 201907,72456.272.46$19,002
Jun 201907,54652.782.49$18,799
May 201907,55758.482.74$20,709
Apr 2019467,42862.632.75$23,313
Mar 201907,87456.803.06$24,111
Feb 2019506,58250.852.79$20,921
Jan 201906,70846.033.23$21,655
Dec 201806,55546.594.19$27,436
Nov 201806,70452.934.24$28,406
Oct 201807,14461.443.40$24,276
Sep 201807,25259.543.11$22,539
Aug 201807,50759.403.07$23,021
Jul 201807,15365.142.93$20,972
Jun 201806,79260.183.08$20,898
May 2018426,83965.382.90$22,585
Apr 201807,41663.842.90$21,512
Mar 201807,64361.222.79$21,300
Feb 201807,55761.782.77$20,904
Jan 201809,21162.874.01$36,930
Dec 2017479,20457.272.92$29,581
Nov 201708,84855.423.12$27,591
Oct 201709,01849.292.98$26,907
Sep 201708,20847.523.09$25,340
Aug 201709,22445.373.00$27,713
Jul 201709,52543.873.09$29,406
Jun 201709,19942.493.09$28,400
May 201709,61745.373.26$31,384
Apr 201709,29447.933.21$29,849
Mar 201709,60346.772.98$28,652
Feb 201708,40750.452.95$24,823
Jan 201709,01549.413.42$30,820
Dec 201609,09248.763.72$33,848
Nov 201608,86042.492.64$23,429
Oct 2016449,05346.193.09$30,008
Sep 201608,81841.553.10$27,341
Aug 201609,14841.442.92$26,752
Jul 201609,44741.622.92$27,626
Jun 201609,16145.352.69$24,605
May 2016459,80342.521.99$21,432
Apr 201609,23236.561.99$18,381
Mar 201609,35333.011.79$16,779
Feb 2016479,21926.472.06$20,269
Jan 2016010,93427.352.36$25,852
Dec 2015011,90932.362.00$23,835
Nov 2015011,84038.792.17$25,661
Oct 2015011,94243.552.43$28,978
Sep 2015911,33342.992.76$31,648
Aug 20154611,45440.162.87$34,749
Jul 2015011,54748.152.95$34,007
Jun 2015011,35256.152.88$32,726
May 20154512,17255.212.96$38,458
Apr 20154511,56849.822.71$33,552
Mar 2015011,55242.892.93$33,902
Feb 2015010,76944.662.98$32,051
Jan 20154712,08843.433.10$39,522
Dec 2014012,43154.693.59$44,644
Nov 20144511,88570.464.25$53,704
Oct 2014012,58778.303.90$49,101
Sep 2014112,53286.164.05$50,784
Aug 2014012,72989.394.04$51,363
Jul 20144311,97196.564.18$54,186
Jun 2014012,14598.164.74$57,529
May 2014012,69294.734.73$59,990
Apr 20144412,24495.944.81$63,104
Mar 20144012,38695.895.06$66,469
Feb 2014011,44197.406.19$70,843
Jan 20142312,31590.404.86$61,939
Dec 2013013,01591.824.35$56,674
Nov 2013012,18888.853.74$45,562
Oct 201309,90297.423.78$37,423
Sep 20132713,995104.113.72$54,841
Aug 2013014,768104.253.52$52,022
Jul 20134414,754102.523.72$59,362
Jun 2013014,62094.403.93$57,506
May 20134716,17794.834.15$71,577
Apr 2013016,27493.964.28$69,695
Mar 20134917,45293.623.91$72,875
Feb 20134916,33591.233.42$60,335
Jan 2013017,70491.603.42$60,546
Dec 2012017,99286.773.42$61,536
Nov 20124917,94286.953.62$69,300
Oct 2012019,40289.383.40$65,961
Sep 2012019,15194.672.92$55,890
Aug 2012020,12192.662.91$58,515
Jul 20125120,93185.133.02$67,570
Jun 2012020,71579.822.52$52,182
May 20125122,05291.612.49$59,545
Apr 20125021,849101.652.00$48,711
Mar 2012022,755105.052.22$50,563
Feb 20125021,846101.102.57$61,204
Jan 20125223,69598.092.73$69,885
Dec 20115024,10996.873.24$82,950
Nov 2011024,34795.723.31$80,620
Oct 20115025,83284.983.65$98,498
Sep 20115225,55683.623.99$106,209
Aug 20115627,73683.404.15$119,756
Jul 2011028,03194.144.52$126,623
Jun 20114828,49692.904.64$136,677
May 20119930,51498.134.40$144,124
Apr 2011030,760105.964.33$133,292
Mar 20115335,13996.364.06$147,678
Feb 20119731,90185.644.18$141,653
Jan 20114732,86486.504.59$154,871
Dec 20109136,51285.734.35$166,546
Nov 20109038,03080.843.80$151,612
Oct 20104541,62278.103.51$149,562
Sep 201013845,72772.633.98$191,992
Aug 201014459,72773.684.42$274,565
Jul 20109572,45972.554.74$350,094
Jun 2010024,64470.364.91$121,012
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                4,537 Mcf  × $  3.05 =    $13,819

────────────────────────────────────────────────────
Month total                                  $13,819

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/255987 is the state's own key, not one this site invented.