GALLAGHER

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 255996District 09Field 65280200CondensateGasSaveExport
Value, all time
$9.7 M
Sep 2009 – May 2026
Value, last 12 filed months
$272 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 bbl$91
GasProduction2,690,599 Mcf$9,694,368
Total$9,694,459

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 202605,495106.413.05$16,737
Apr 202605,36898.932.87$15,405
Mar 202605,48089.753.15$17,259
Feb 202605,08063.503.75$19,052
Jan 202606,16059.138.00$49,267
Dec 202506,61456.664.41$29,190
Nov 202506,48058.593.93$25,443
Oct 202506,59359.383.30$21,789
Sep 202506,15662.743.08$18,942
Aug 202506,45163.933.01$19,448
Jul 202506,26266.743.32$20,760
Jun 202505,94566.483.13$18,600
May 202506,23660.553.23$20,157
Apr 202506,16662.363.54$21,847
Mar 202505,96467.704.27$25,456
Feb 202505,80670.884.34$25,203
Jan 202505,96774.324.28$25,531
Dec 202405,75568.993.12$17,963
Nov 202405,61269.052.20$12,338
Oct 202406,21071.372.28$14,167
Sep 202406,26069.612.36$14,801
Aug 202406,45675.632.06$13,323
Jul 202406,35879.932.15$13,648
Jun 202406,06478.082.63$15,972
May 202406,21978.812.20$13,672
Apr 202405,87184.451.66$9,741
Mar 202406,70680.301.55$10,362
Feb 202406,63776.091.78$11,838
Jan 202407,24473.023.30$23,888
Dec 202307,46471.262.61$19,486
Nov 202307,24877.892.81$20,349
Oct 202307,41885.443.09$22,901
Sep 202307,19389.042.74$19,673
Aug 202307,42880.522.67$19,854
Jul 202307,09674.852.64$18,746
Jun 202307,18268.962.26$16,220
May 202307,74770.622.23$17,256
Apr 202307,59078.122.24$16,985
Mar 202307,86072.852.39$18,810
Feb 202307,21075.112.47$17,778
Jan 202308,01476.533.39$27,149
Dec 202208,02376.415.73$45,964
Nov 202207,82185.005.65$44,159
Oct 202208,16887.185.86$47,895
Sep 202207,83084.888.16$63,922
Aug 202208,01094.529.13$73,109
Jul 202207,872101.587.54$59,371
Jun 202207,622115.097.98$60,802
May 202207,932109.378.43$66,891
Apr 202207,821104.226.84$53,477
Mar 202207,773108.885.08$39,459
Feb 202207,66291.054.86$37,228
Jan 202209,37281.844.54$42,527
Dec 202108,69871.323.90$33,915
Nov 202108,17077.435.24$42,785
Oct 202108,60579.795.71$49,168
Sep 202108,06769.865.35$43,166
Aug 202108,35066.024.22$35,242
Jul 202108,08670.783.98$32,199
Jun 202107,90769.493.38$26,731
May 202108,23063.483.02$24,835
Apr 202108,32460.362.76$22,961
Mar 202109,09961.302.72$24,721
Feb 202107,97757.805.55$44,256
Jan 2021010,37050.412.81$29,143
Dec 2020010,66444.642.68$28,531
Nov 2020010,51638.772.71$28,462
Oct 2020010,68736.972.48$26,487
Sep 2020010,36737.091.99$20,641
Aug 2020010,55439.982.39$25,172
Jul 2020011,12638.371.83$20,306
Jun 2020010,51234.901.69$17,769
May 2020010,92416.921.81$19,824
Apr 2020010,86514.751.80$19,605
Mar 2020011,32730.341.86$21,026
Feb 2020010,76849.881.98$21,328
Jan 2020011,54757.252.09$24,188
Dec 2019011,44059.012.30$26,362
Nov 2019010,60055.302.75$29,157
Oct 2019011,33753.472.42$27,419
Sep 2019010,28255.052.66$27,322
Aug 201908,19053.112.30$18,873
Jul 201903,72156.272.46$9,154
Jun 201903,26952.782.49$8,144
May 201903,43658.482.74$9,416
Apr 201902,77062.632.75$7,619
Mar 201903,30956.803.06$10,132
Feb 201902,99550.852.79$8,363
Jan 201903,95246.033.23$12,758
Dec 201803,67546.594.19$15,381
Nov 201803,29552.934.24$13,962
Oct 201803,09061.443.40$10,500
Sep 201803,79359.543.11$11,789
Aug 201804,13659.403.07$12,683
Jul 201804,16865.142.93$12,220
Jun 201803,80360.183.08$11,702
May 201803,87065.382.90$11,226
Apr 201804,15663.842.90$12,056
Mar 201804,21761.222.79$11,752
Feb 201804,34361.782.77$12,013
Jan 201804,50962.874.01$18,078
Dec 201704,01457.272.92$11,727
Nov 201703,24555.423.12$10,119
Oct 201703,91149.292.98$11,669
Sep 201704,18947.523.09$12,933
Aug 201704,62145.373.00$13,883
Jul 201705,00043.873.09$15,436
Jun 201705,07642.493.09$15,671
May 201705,30345.373.26$17,306
Apr 201704,80447.933.21$15,429
Mar 201705,00646.772.98$14,936
Feb 201705,00150.452.95$14,766
Jan 201705,65749.413.42$19,340
Dec 201605,89348.763.72$21,939
Nov 201605,82842.492.64$15,411
Oct 201606,57946.193.09$20,331
Sep 201616,45441.553.10$20,053
Aug 201606,29241.442.92$18,400
Jul 201606,06941.622.92$17,748
Jun 201606,38145.352.69$17,138
May 201607,98442.521.99$15,896
Apr 201608,60936.561.99$17,141
Mar 201608,86133.011.79$15,897
Feb 201609,35026.472.06$19,295
Jan 2016013,94727.352.36$32,976
Dec 2015014,96732.362.00$29,955
Nov 2015015,39138.792.17$33,357
Oct 2015015,48543.552.43$37,576
Sep 2015012,83642.992.76$35,407
Aug 2015015,35240.162.87$44,098
Jul 2015016,35248.152.95$48,158
Jun 2015016,71156.152.88$48,175
May 2015016,74955.212.96$49,501
Apr 2015113,96349.822.71$37,842
Mar 2015013,35042.892.93$39,178
Feb 2015014,98344.662.98$44,592
Jan 2015017,85643.433.10$55,365
Dec 2014019,23354.693.59$69,073
Nov 2014019,39570.464.25$82,464
Oct 2014020,09678.303.90$78,394
Sep 2014019,21386.164.05$77,725
Aug 2014019,92689.394.04$80,404
Jul 2014020,27096.564.18$84,720
Jun 2014019,91398.164.74$94,325
May 2014020,10694.734.73$95,032
Apr 2014018,17395.944.81$87,396
Mar 2014021,15095.895.06$106,951
Feb 2014019,52697.406.19$120,905
Jan 2014022,48090.404.86$109,269
Dec 2013023,47591.824.35$102,221
Nov 2013023,28688.853.74$87,050
Oct 2013023,98097.423.78$90,629
Sep 2013023,834104.113.72$88,609
Aug 2013024,746104.253.52$87,171
Jul 2013025,935102.523.72$96,420
Jun 2013025,38794.403.93$99,857
May 2013026,46694.834.15$109,810
Apr 2013025,79893.964.28$110,482
Mar 2013024,88593.623.91$97,372
Feb 2013020,18391.233.42$69,024
Jan 2013022,38691.603.42$76,558
Dec 2012023,65486.773.42$80,900
Nov 2012024,73386.953.62$89,656
Oct 2012027,59589.383.40$93,814
Sep 2012030,36794.672.92$88,623
Aug 2012032,12192.662.91$93,413
Jul 2012032,38585.133.02$97,829
Jun 2012031,21979.822.52$78,642
May 2012032,38091.612.49$80,572
Apr 2012032,228101.652.00$64,353
Mar 2012033,740105.052.22$74,973
Feb 2012031,737101.102.57$81,572
Jan 2012034,06898.092.73$93,145
Dec 2011031,24596.873.24$101,226
Nov 2011022,01995.723.31$72,911
Oct 201105,07384.983.65$18,509
Sep 2011017,12383.623.99$68,249
Aug 2011043,21683.404.15$179,317
Jul 2011046,01694.144.52$207,865
Jun 2011047,76892.904.64$221,638
May 2011053,50598.134.40$235,680
Apr 2011056,276105.964.33$243,860
Mar 2011063,82596.364.06$258,960
Feb 2011060,75785.644.18$253,963
Jan 2011077,87486.504.59$357,347
Dec 2010089,82785.734.35$390,545
Nov 20100121,60280.843.80$461,520
Oct 201009,26878.103.51$32,520
Sep 20100072.633.98$0
Aug 20100073.684.42$0
Jul 20100072.554.74$0
Jun 20100070.364.91$0
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                5,495 Mcf  × $  3.05 =    $16,737

────────────────────────────────────────────────────
Month total                                  $16,737

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/255996 is the state's own key, not one this site invented.