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 260838District 09Field 65280200CondensateGasSaveExport
Value, all time
$9.2 M
May 2010 – May 2026
Value, last 12 filed months
$368 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
CondensateDisposition361 bbl$22,181
GasProduction2,679,077 Mcf$9,217,031
Total$9,239,213

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 2026410,831106.413.05$33,415
Apr 202679,42898.932.87$27,748
Mar 202679,58489.753.15$30,812
Feb 202696,16763.503.75$23,700
Jan 202605,68759.138.00$45,484
Dec 202537,32356.664.41$32,489
Nov 202528,50858.593.93$33,523
Oct 202529,19659.383.30$30,510
Sep 202528,49162.743.08$26,252
Aug 202508,42863.933.01$25,408
Jul 202539,13566.743.32$30,485
Jun 202578,94566.483.13$28,452
May 202559,63560.553.23$31,446
Apr 202568,55562.363.54$30,686
Mar 202551,70067.704.27$7,595
Feb 20250070.884.34$0
Jan 202525,16374.324.28$22,239
Dec 202427,74168.993.12$24,301
Nov 202429,09269.052.20$20,126
Oct 2024210,73271.372.28$24,627
Sep 2024010,50969.612.36$24,847
Aug 2024210,32675.632.06$21,460
Jul 202437,08579.932.15$15,448
Jun 202437,96978.082.63$21,224
May 202458,72578.812.20$19,575
Apr 202428,09484.451.66$13,598
Mar 202428,42980.301.55$13,185
Feb 202408,63376.091.78$15,398
Jan 202408,48673.023.30$27,984
Dec 202309,63671.262.61$25,157
Nov 202309,73177.892.81$27,320
Oct 2023011,06385.443.09$34,155
Sep 2023212,17289.042.74$33,469
Aug 2023212,57880.522.67$33,781
Jul 2023212,13774.852.64$32,213
Jun 2023211,63568.962.26$26,415
May 202329,46270.622.23$21,217
Apr 202339,87278.122.24$22,326
Mar 202367,09772.852.39$17,421
Feb 202337,34675.112.47$18,338
Jan 2023010,88476.533.39$36,872
Dec 202227,49676.415.73$43,098
Nov 202207,55785.005.65$42,668
Oct 202208,14387.185.86$47,749
Sep 202227,75084.888.16$63,438
Aug 202207,06794.529.13$64,502
Jul 202223,353101.587.54$25,492
Jun 202221,273115.097.98$10,385
May 202221,491109.378.43$12,792
Apr 202251,913104.226.84$13,601
Mar 202221,025108.885.08$5,421
Feb 2022133291.054.86$1,704
Jan 202227,37681.844.54$33,634
Dec 2021010,30971.323.90$40,196
Nov 2021010,48877.435.24$54,924
Oct 2021211,31279.795.71$64,795
Sep 2021010,13069.865.35$54,205
Aug 2021212,37566.024.22$52,362
Jul 2021012,65870.783.98$50,405
Jun 2021213,27769.493.38$45,023
May 2021212,47763.483.02$37,778
Apr 2021012,79860.362.76$35,302
Mar 2021010,49961.302.72$28,525
Feb 202107,94357.805.55$44,067
Jan 2021011,07350.412.81$31,118
Dec 2020011,53644.642.68$30,864
Nov 2020011,05138.772.71$29,910
Oct 2020011,17736.972.48$27,701
Sep 2020010,06237.091.99$20,034
Aug 2020010,60039.982.39$25,282
Jul 2020010,74238.371.83$19,605
Jun 202008,97534.901.69$15,171
May 202009,73616.921.81$17,668
Apr 202009,80914.751.80$17,699
Mar 202009,28930.341.86$17,243
Feb 202009,78749.881.98$19,385
Jan 202009,78857.252.09$20,503
Dec 201909,55059.012.30$22,007
Nov 201908,95355.302.75$24,627
Oct 2019010,28253.472.42$24,867
Sep 2019010,35455.052.66$27,513
Aug 2019010,69753.112.30$24,650
Jul 201909,05556.272.46$22,276
Jun 2019010,33152.782.49$25,737
May 2019011,62258.482.74$31,848
Apr 2019012,53362.632.75$34,475
Mar 2019013,55656.803.06$41,510
Feb 2019012,12450.852.79$33,853
Jan 2019010,84346.033.23$35,003
Dec 2018011,72246.594.19$49,062
Nov 2018010,50852.934.24$44,525
Oct 2018010,23761.443.40$34,786
Sep 2018010,80759.543.11$33,588
Aug 2018010,28559.403.07$31,540
Jul 2018012,94465.142.93$37,950
Jun 2018013,00960.183.08$40,028
May 2018013,52365.382.90$39,228
Apr 2018012,77863.842.90$37,066
Mar 2018013,06761.222.79$36,416
Feb 2018012,15061.782.77$33,608
Jan 2018012,95662.874.01$51,945
Dec 2017014,28557.272.92$41,734
Nov 2017014,41155.423.12$44,939
Oct 20179013,51049.292.98$44,746
Sep 2017014,96747.523.09$46,207
Aug 2017014,95045.373.00$44,916
Jul 2017013,36643.873.09$41,265
Jun 2017011,97442.493.09$36,967
May 2017011,62645.373.26$37,940
Apr 2017012,37347.933.21$39,737
Mar 2017013,66646.772.98$40,775
Feb 2017011,22750.452.95$33,149
Jan 201711912,60149.413.42$48,960
Dec 2016012,93048.763.72$48,136
Nov 2016010,14142.492.64$26,816
Oct 2016012,30646.193.09$38,029
Sep 2016012,57541.553.10$38,990
Aug 2016014,91541.442.92$43,617
Jul 2016014,37241.622.92$42,029
Jun 2016013,44445.352.69$36,108
May 2016014,55042.521.99$28,970
Apr 2016014,30236.561.99$28,476
Mar 2016013,43333.011.79$24,099
Feb 2016012,72426.472.06$26,258
Jan 2016013,28127.352.36$31,401
Dec 2015012,86332.362.00$25,744
Nov 2015014,64838.792.17$31,747
Oct 2015014,51843.552.43$35,229
Sep 2015013,95142.992.76$38,483
Aug 2015014,39740.162.87$41,355
Jul 2015013,86748.152.95$40,839
Jun 2015014,27556.152.88$41,153
May 2015016,13755.212.96$47,692
Apr 2015015,66049.822.71$42,385
Mar 2015115,00842.892.93$44,087
Feb 2015211,12444.662.98$33,196
Jan 201504,73543.433.10$14,681
Dec 2014011,52654.693.59$41,394
Nov 2014111,50470.464.25$48,984
Oct 2014115,44278.303.90$60,317
Sep 2014116,13886.164.05$65,371
Aug 2014015,30489.394.04$61,753
Jul 2014112,21496.564.18$51,146
Jun 2014012,42998.164.74$58,875
May 2014013,44894.734.73$63,563
Apr 2014414,78895.944.81$71,501
Mar 2014214,64095.895.06$74,223
Feb 2014012,17697.406.19$75,394
Jan 2014013,10290.404.86$63,685
Dec 2013016,50191.824.35$71,853
Nov 2013018,43288.853.74$68,904
Oct 2013020,16197.423.78$76,196
Sep 2013018,916104.113.72$70,325
Aug 2013020,641104.253.52$72,710
Jul 2013021,471102.523.72$79,824
Jun 2013220,69394.403.93$81,583
May 2013019,61394.834.15$81,376
Apr 2013017,73393.964.28$75,943
Mar 2013018,43993.623.91$72,149
Feb 2013018,39191.233.42$62,896
Jan 2013020,97691.603.42$71,736
Dec 2012019,13786.773.42$65,452
Nov 2012017,73686.953.62$64,292
Oct 2012019,85189.383.40$67,487
Sep 2012020,24894.672.92$59,092
Aug 2012018,77992.662.91$54,612
Jul 2012021,94285.133.02$66,282
Jun 2012022,40179.822.52$56,429
May 2012021,47391.612.49$53,432
Apr 2012021,497101.652.00$42,925
Mar 2012023,862105.052.22$53,023
Feb 2012022,174101.102.57$56,993
Jan 2012024,79998.092.73$67,802
Dec 2011025,67696.873.24$83,184
Nov 2011024,83995.723.31$82,249
Oct 2011025,86184.983.65$94,355
Sep 2011027,25283.623.99$108,621
Aug 2011026,31283.404.15$109,177
Jul 2011019,21094.144.52$86,776
Jun 2011017,70092.904.64$82,126
May 2011022,01898.134.40$96,985
Apr 2011020,159105.964.33$87,355
Mar 2011027,20396.364.06$110,372
Feb 2011026,44185.644.18$110,523
Jan 2011028,37886.504.59$130,220
Dec 2010030,15385.734.35$131,098
Nov 2010031,40480.843.80$119,189
Oct 2010042,74678.103.51$149,991
Sep 2010049,19672.633.98$195,774
Aug 2010059,09673.684.42$261,167
Jul 2010051,08672.554.74$241,968
Jun 2010053,89570.364.91$264,646
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             4 bbl  × $106.41 =       $426
Gas               10,831 Mcf  × $  3.05 =    $32,989

────────────────────────────────────────────────────
Month total                                  $33,415

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/260838 is the state's own key, not one this site invented.