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 259294District 09Field 65280200CondensateGasSaveExport
Value, all time
$6.7 M
May 2010 – May 2026
Value, last 12 filed months
$249 k
at the published price for each month
Months reported
193
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
CondensateDisposition287 bbl$23,526
GasProduction1,830,487 Mcf$6,639,495
Total$6,663,020

Every month this lease reported (193)

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

193 months

May 202666,582106.413.05$20,686
Apr 202651,35098.932.87$4,369
Mar 202631,84989.753.15$6,093
Feb 202665,07363.503.75$19,406
Jan 202606,44459.138.00$51,539
Dec 202525,76356.664.41$25,548
Nov 202525,70658.593.93$22,521
Oct 202525,74359.383.30$19,098
Sep 202526,06362.743.08$18,781
Aug 202506,67763.933.01$20,130
Jul 202527,11266.743.32$23,711
Jun 202565,45566.483.13$17,466
May 202544,82260.553.23$15,828
Apr 202555,56962.363.54$20,043
Mar 202573,66867.704.27$16,130
Feb 202508,01070.884.34$34,770
Jan 202528,41274.324.28$36,141
Dec 202428,36768.993.12$26,254
Nov 202435,58769.052.20$12,490
Oct 202422,18171.372.28$5,118
Sep 202402,50269.612.36$5,916
Aug 20241075.632.06$76
Jul 202426,25579.932.15$13,587
Jun 202427,74578.082.63$20,556
May 202458,07678.812.20$18,149
Apr 202428,38584.451.66$14,081
Mar 202428,86680.301.55$13,860
Feb 202408,26076.091.78$14,733
Jan 202405,97873.023.30$19,713
Dec 202307,31171.262.61$19,087
Nov 202304,54477.892.81$12,758
Oct 202304,64785.443.09$14,347
Sep 202326,42889.042.74$17,759
Aug 202327,63180.522.67$20,558
Jul 202328,20874.852.64$21,834
Jun 202326,10668.962.26$13,928
May 202329,00970.622.23$20,208
Apr 202326,96778.122.24$15,747
Mar 202354,10272.852.39$10,181
Feb 2023257775.112.47$1,573
Jan 2023043376.533.39$1,467
Dec 202234,83476.415.73$27,924
Nov 202206,25085.005.65$35,289
Oct 202206,36787.185.86$37,335
Sep 202236,09984.888.16$50,045
Aug 202205,95894.529.13$54,380
Jul 202246,552101.587.54$49,822
Jun 202246,460115.097.98$51,993
May 202246,956109.378.43$59,098
Apr 202276,705104.226.84$46,576
Mar 202244,657108.885.08$24,076
Feb 202235,37391.054.86$26,380
Jan 202235,79781.844.54$26,550
Dec 202105,70871.323.90$22,256
Nov 202105,80777.435.24$30,410
Oct 202135,18179.795.71$29,843
Sep 202104,24369.865.35$22,704
Aug 202134,79466.024.22$20,432
Jul 202104,91470.783.98$19,568
Jun 202135,31569.493.38$18,176
May 202135,49363.483.02$16,767
Apr 202102,90060.362.76$7,999
Mar 202103,36061.302.72$9,129
Feb 202103,77457.805.55$20,938
Jan 202105,65750.412.81$15,898
Dec 202005,13744.642.68$13,744
Nov 202005,60438.772.71$15,168
Oct 202006,17336.972.48$15,299
Sep 202005,61837.091.99$11,186
Aug 202006,62539.982.39$15,801
Jul 202006,38138.371.83$11,646
Jun 202005,89734.901.69$9,968
May 202005,91716.921.81$10,738
Apr 202006,20114.751.80$11,189
Mar 202006,58530.341.86$12,223
Feb 202006,28049.881.98$12,439
Jan 202006,84157.252.09$14,330
Dec 201906,27859.012.30$14,467
Nov 201907,25055.302.75$19,943
Oct 201906,59153.472.42$15,941
Sep 201906,74455.052.66$17,921
Aug 201906,88853.112.30$15,872
Jul 201907,73856.272.46$19,036
Jun 201906,90952.782.49$17,212
May 201906,65758.482.74$18,242
Apr 201906,30662.632.75$17,346
Mar 201905,88456.803.06$18,017
Feb 201906,00750.852.79$16,773
Jan 201907,46846.033.23$24,108
Dec 201807,21046.594.19$30,177
Nov 201806,42952.934.24$27,241
Oct 201807,52961.443.40$25,584
Sep 201806,68059.543.11$20,761
Aug 201806,54559.403.07$20,071
Jul 201806,66365.142.93$19,535
Jun 201807,29660.183.08$22,449
May 201807,63765.382.90$22,153
Apr 201805,87263.842.90$17,034
Mar 201806,41361.222.79$17,872
Feb 201804,30761.782.77$11,914
Jan 201806,07562.874.01$24,357
Dec 201707,18957.272.92$21,003
Nov 201705,79255.423.12$18,062
Oct 201704,19249.292.98$12,508
Sep 201702,46447.523.09$7,607
Aug 2017089045.373.00$2,674
Jul 201704,33743.873.09$13,390
Jun 201707,89242.493.09$24,365
May 201708,36845.373.26$27,308
Apr 201708,20347.933.21$26,345
Mar 201707,53446.772.98$22,479
Feb 201707,94250.452.95$23,450
Jan 2017378,19849.413.42$29,855
Dec 201607,51248.763.72$27,966
Nov 201608,29742.492.64$21,940
Oct 201607,85346.193.09$24,268
Sep 201607,56541.553.10$23,456
Aug 201607,83341.442.92$22,906
Jul 201608,36041.622.92$24,447
Jun 201607,40345.352.69$19,883
May 201607,56242.521.99$15,056
Apr 201607,66536.561.99$15,261
Mar 201607,46833.011.79$13,398
Feb 201606,68026.472.06$13,785
Jan 201607,16227.352.36$16,934
Dec 201508,01232.362.00$16,035
Nov 201506,50138.792.17$14,090
Oct 201508,28643.552.43$20,107
Sep 201507,35542.992.76$20,288
Aug 201507,45740.162.87$21,420
Jul 201505,86148.152.95$17,261
Jun 201505,78156.152.88$16,666
May 201505,16955.212.96$15,277
Apr 201506,92049.822.71$18,729
Mar 201508,55942.892.93$25,118
Feb 201518,78544.662.98$26,190
Jan 2015112,52943.433.10$38,891
Dec 2014010,00954.693.59$35,946
Nov 201419,57270.464.25$40,769
Oct 201419,31378.303.90$36,408
Sep 201418,02986.164.05$32,567
Aug 201409,54589.394.04$38,515
Jul 2014110,69596.564.18$44,797
Jun 2014010,65098.164.74$50,448
May 201409,63494.734.73$45,536
Apr 201439,36295.944.81$45,311
Mar 2014211,85895.895.06$60,155
Feb 2014011,06897.406.19$68,533
Jan 2014012,51090.404.86$60,808
Dec 2013012,16791.824.35$52,981
Nov 201308,35588.853.74$31,233
Oct 201302,53897.423.78$9,592
Sep 20132410,143104.113.72$40,208
Aug 2013012,988104.253.52$45,752
Jul 2013012,447102.523.72$46,275
Jun 2013211,81994.403.93$46,678
May 2013011,31894.834.15$46,959
Apr 2013012,00693.964.28$51,417
Mar 2013013,01293.623.91$50,914
Feb 2013011,77191.233.42$40,256
Jan 2013012,46591.603.42$42,629
Dec 20121512,52086.773.42$44,122
Nov 2012011,87786.953.62$43,054
Oct 2012011,91389.383.40$40,500
Sep 2012012,19194.672.92$35,578
Aug 2012014,26292.662.91$41,476
Jul 2012012,84785.133.02$38,808
Jun 2012013,73179.822.52$34,589
May 2012017,15391.612.49$42,682
Apr 2012017,323101.652.00$34,591
Mar 2012018,186105.052.22$40,411
Feb 2012015,419101.102.57$39,631
Jan 2012018,59198.092.73$50,829
Dec 2011020,02896.873.24$64,886
Nov 2011020,66295.723.31$68,418
Oct 2011022,03284.983.65$80,385
Sep 2011019,59583.623.99$78,102
Aug 2011022,27783.404.15$92,434
Jul 2011018,41294.144.52$83,171
Jun 2011013,81192.904.64$64,081
May 2011022,28098.134.40$98,139
Apr 2011023,891105.964.33$103,526
Mar 20115726,79696.364.06$114,213
Feb 2011027,33185.644.18$114,243
Jan 2011031,13986.504.59$142,890
Dec 2010032,23685.734.35$140,154
Nov 2010032,18780.843.80$122,160
Oct 2010029,05278.103.51$101,940
Sep 2010033,94972.633.98$135,099
Aug 2010046,29573.684.42$204,594
Jul 2010054,99972.554.74$260,502
Jun 2010054,40070.364.91$267,126
May 20100071.124.24$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             6 bbl  × $106.41 =       $638
Gas                6,582 Mcf  × $  3.05 =    $20,048

────────────────────────────────────────────────────
Month total                                  $20,686

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/259294 is the state's own key, not one this site invented.