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 260263District 09Field 65280200CondensateGasSaveExport
Value, all time
$195 k
May 2010 – May 2026
Value, last 12 filed months
$4 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
CondensateDisposition274 bbl$18,579
GasProduction44,019 Mcf$176,817
Total$195,396

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 202680106.413.05$851
Apr 202610098.932.87$989
Mar 20268089.753.15$718
Feb 20267063.503.75$445
Jan 20260059.138.00$0
Dec 20252056.664.41$113
Nov 20253058.593.93$176
Oct 20253059.383.30$178
Sep 20253062.743.08$188
Aug 20250063.933.01$0
Jul 20253066.743.32$200
Jun 20258066.483.13$532
May 20256060.553.23$363
Apr 20256062.363.54$374
Mar 20259067.704.27$609
Feb 20250070.884.34$0
Jan 20253074.324.28$223
Dec 20243068.993.12$207
Nov 20243069.052.20$207
Oct 20243071.372.28$214
Sep 20240069.612.36$0
Aug 20244075.632.06$303
Jul 20243079.932.15$240
Jun 20243078.082.63$234
May 20246078.812.20$473
Apr 20243084.451.66$253
Mar 20243080.301.55$241
Feb 20240076.091.78$0
Jan 20240073.023.30$0
Dec 20230071.262.61$0
Nov 20230077.892.81$0
Oct 20230085.443.09$0
Sep 20233089.042.74$267
Aug 20233080.522.67$242
Jul 20233074.852.64$225
Jun 20233068.962.26$207
May 20233070.622.23$212
Apr 20232078.122.24$156
Mar 20235072.852.39$364
Feb 20232075.112.47$150
Jan 20230076.533.39$0
Dec 20223076.415.73$229
Nov 20220085.005.65$0
Oct 20220087.185.86$0
Sep 20222084.888.16$170
Aug 20220094.529.13$0
Jul 202220101.587.54$203
Jun 202210115.097.98$115
May 202210109.378.43$109
Apr 202200104.226.84$0
Mar 202210108.885.08$109
Feb 20221091.054.86$91
Jan 20222081.844.54$164
Dec 20210071.323.90$0
Nov 20210077.435.24$0
Oct 20213079.795.71$239
Sep 20210069.865.35$0
Aug 20213066.024.22$198
Jul 20210070.783.98$0
Jun 202132769.493.38$300
May 202134063.483.02$311
Apr 20210060.362.76$0
Mar 202102361.302.72$62
Feb 20210057.805.55$0
Jan 20210050.412.81$0
Dec 20200044.642.68$0
Nov 20200038.772.71$0
Oct 20200036.972.48$0
Sep 20200037.091.99$0
Aug 20200039.982.39$0
Jul 20200038.371.83$0
Jun 20200034.901.69$0
May 20200016.921.81$0
Apr 20200014.751.80$0
Mar 20200030.341.86$0
Feb 20200049.881.98$0
Jan 20200057.252.09$0
Dec 20190059.012.30$0
Nov 20190055.302.75$0
Oct 20190053.472.42$0
Sep 20190055.052.66$0
Aug 20190053.112.30$0
Jul 20190056.272.46$0
Jun 20190052.782.49$0
May 20190058.482.74$0
Apr 20190062.632.75$0
Mar 20190056.803.06$0
Feb 20190050.852.79$0
Jan 20190046.033.23$0
Dec 20180046.594.19$0
Nov 20180052.934.24$0
Oct 20180061.443.40$0
Sep 20180059.543.11$0
Aug 20180059.403.07$0
Jul 201801965.142.93$56
Jun 20180260.183.08$6
May 201801765.382.90$49
Apr 201802063.842.90$58
Mar 20180961.222.79$25
Feb 2018021961.782.77$606
Jan 2018023262.874.01$930
Dec 2017021157.272.92$616
Nov 2017020855.423.12$649
Oct 20179021349.292.98$5,072
Sep 2017016047.523.09$494
Aug 2017018545.373.00$556
Jul 2017019943.873.09$614
Jun 2017019742.493.09$608
May 2017023345.373.26$760
Apr 2017024047.933.21$771
Mar 2017020946.772.98$624
Feb 2017023450.452.95$691
Jan 2017120649.413.42$754
Dec 2016027848.763.72$1,035
Nov 2016032242.492.64$851
Oct 2016033346.193.09$1,029
Sep 20160041.553.10$0
Aug 20160041.442.92$0
Jul 20160041.622.92$0
Jun 20160045.352.69$0
May 20160042.521.99$0
Apr 20160036.561.99$0
Mar 20160033.011.79$0
Feb 20160026.472.06$0
Jan 20160027.352.36$0
Dec 20150032.362.00$0
Nov 20150038.792.17$0
Oct 20150043.552.43$0
Sep 20150042.992.76$0
Aug 20150040.162.87$0
Jul 20150048.152.95$0
Jun 20150056.152.88$0
May 20150055.212.96$0
Apr 20150049.822.71$0
Mar 20151142.892.93$46
Feb 20153344.662.98$143
Jan 20151143.433.10$47
Dec 20141154.693.59$58
Nov 20142270.464.25$149
Oct 20141178.303.90$82
Sep 20142286.164.05$180
Aug 20140089.394.04$0
Jul 20141196.564.18$101
Jun 20140098.164.74$0
May 20140094.734.73$0
Apr 20145695.944.81$509
Mar 20142295.895.06$202
Feb 20140097.406.19$0
Jan 20141190.404.86$95
Dec 20130091.824.35$0
Nov 20130088.853.74$0
Oct 20130097.423.78$0
Sep 201300104.113.72$0
Aug 201311104.253.52$108
Jul 201300102.523.72$0
Jun 20133394.403.93$295
May 20130094.834.15$0
Apr 20130093.964.28$0
Mar 20130093.623.91$0
Feb 20130091.233.42$0
Jan 20130091.603.42$0
Dec 20120086.773.42$0
Nov 20120086.953.62$0
Oct 20120089.383.40$0
Sep 201203694.672.92$105
Aug 20120092.662.91$0
Jul 20120085.133.02$0
Jun 20120079.822.52$0
May 20120091.612.49$0
Apr 201200101.652.00$0
Mar 201200105.052.22$0
Feb 201200101.102.57$0
Jan 2012046598.092.73$1,271
Dec 2011060796.873.24$1,967
Nov 201101,61695.723.31$5,351
Oct 201104,32284.983.65$15,769
Sep 201106,37683.623.99$25,413
Aug 2011011,20983.404.15$46,510
Jul 20110094.144.52$0
Jun 201102392.904.64$107
May 20110098.134.40$0
Apr 201100105.964.33$0
Mar 20110096.364.06$0
Feb 20110085.644.18$0
Jan 20110086.504.59$0
Dec 20100085.734.35$0
Nov 20100080.843.80$0
Oct 20100078.103.51$0
Sep 201003,32572.633.98$13,232
Aug 201007,89773.684.42$34,900
Jul 201003,43372.554.74$16,260
Jun 2010064970.364.91$3,187
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             8 bbl  × $106.41 =       $851
Gas                    0 Mcf  × $  3.05 =         $0

────────────────────────────────────────────────────
Month total                                     $851

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/260263 is the state's own key, not one this site invented.