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 261397District 09Field 65280200CondensateGasSaveExport
Value, all time
$4.4 M
May 2010 – May 2026
Value, last 12 filed months
$138 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
CondensateDisposition132 bbl$10,285
GasProduction1,195,919 Mcf$4,354,010
Total$4,364,295

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 202614,993106.413.05$15,314
Apr 202621,61898.932.87$4,841
Mar 202601,62189.753.15$5,105
Feb 202612,86463.503.75$10,804
Jan 202603,12559.138.00$24,994
Dec 202503,12756.664.41$13,801
Nov 202502,98558.593.93$11,720
Oct 202502,89359.383.30$9,561
Sep 202502,82362.743.08$8,686
Aug 202503,21363.933.01$9,686
Jul 202503,52066.743.32$11,670
Jun 202513,67766.483.13$11,571
May 202513,62060.553.23$11,762
Apr 202512,08862.363.54$7,460
Mar 202513,13167.704.27$13,432
Feb 202503,05570.884.34$13,261
Jan 202503,56174.324.28$15,236
Dec 202403,72768.993.12$11,633
Nov 202402,78369.052.20$6,118
Oct 202402,93171.372.28$6,687
Sep 202403,05869.612.36$7,230
Aug 20240075.632.06$0
Jul 202404,06679.932.15$8,728
Jun 202402,87678.082.63$7,575
May 202413,33578.812.20$7,411
Apr 202403,49484.451.66$5,797
Mar 202403,62580.301.55$5,601
Feb 202403,29776.091.78$5,881
Jan 202403,55173.023.30$11,710
Dec 202302,75371.262.61$7,187
Nov 20230077.892.81$0
Oct 2023092685.443.09$2,859
Sep 202303,47489.042.74$9,502
Aug 202303,57380.522.67$9,550
Jul 202303,72074.852.64$9,828
Jun 202303,92468.962.26$8,862
May 202301,63070.622.23$3,631
Apr 20230078.122.24$0
Mar 20230072.852.39$0
Feb 20230075.112.47$0
Jan 2023065176.533.39$2,205
Dec 202203,82276.415.73$21,897
Nov 202203,39485.005.65$19,163
Oct 202203,44087.185.86$20,171
Sep 202203,19384.888.16$26,067
Aug 202203,29294.529.13$30,047
Jul 202203,327101.587.54$25,093
Jun 202203,358115.097.98$26,787
May 202203,413109.378.43$28,782
Apr 202213,123104.226.84$21,458
Mar 202203,228108.885.08$16,387
Feb 202203,00091.054.86$14,577
Jan 202203,35781.844.54$15,233
Dec 202103,46071.323.90$13,491
Nov 202103,36477.435.24$17,617
Oct 202103,49779.795.71$19,981
Sep 202103,21369.865.35$17,193
Aug 202103,40266.024.22$14,358
Jul 202103,15470.783.98$12,559
Jun 202102,97769.493.38$10,064
May 202103,29963.483.02$9,955
Apr 202103,42660.362.76$9,450
Mar 202103,41361.302.72$9,273
Feb 202103,05857.805.55$16,966
Jan 202103,50050.412.81$9,836
Dec 202003,59844.642.68$9,626
Nov 202003,55938.772.71$9,633
Oct 202003,74136.972.48$9,272
Sep 202003,97737.091.99$7,918
Aug 202001,83739.982.39$4,381
Jul 202003,75738.371.83$6,857
Jun 202003,30934.901.69$5,593
May 202003,72816.921.81$6,765
Apr 202003,68214.751.80$6,644
Mar 202003,98330.341.86$7,393
Feb 202003,70349.881.98$7,334
Jan 202003,94457.252.09$8,262
Dec 201903,81959.012.30$8,800
Nov 201903,85555.302.75$10,604
Oct 201903,99153.472.42$9,652
Sep 201903,83155.052.66$10,180
Aug 201904,10853.112.30$9,466
Jul 201904,13056.272.46$10,160
Jun 201903,91652.782.49$9,756
May 201904,23858.482.74$11,613
Apr 201904,06662.632.75$11,184
Mar 201904,03656.803.06$12,359
Feb 201903,81750.852.79$10,658
Jan 201904,15846.033.23$13,423
Dec 201803,94046.594.19$16,491
Nov 201803,67552.934.24$15,572
Oct 201803,86161.443.40$13,120
Sep 201803,88859.543.11$12,084
Aug 201804,00659.403.07$12,285
Jul 201804,03265.142.93$11,821
Jun 201804,04760.183.08$12,452
May 201804,15365.382.90$12,047
Apr 201803,99263.842.90$11,580
Mar 201804,17361.222.79$11,629
Feb 201803,76061.782.77$10,401
Jan 201804,36662.874.01$17,505
Dec 201704,67157.272.92$13,646
Nov 201704,62655.423.12$14,426
Oct 201704,55849.292.98$13,600
Sep 201703,99747.523.09$12,340
Aug 201704,74045.373.00$14,241
Jul 201704,84943.873.09$14,970
Jun 201704,63242.493.09$14,300
May 201704,59745.373.26$15,002
Apr 201704,74947.933.21$15,252
Mar 201705,17046.772.98$15,426
Feb 201704,60550.452.95$13,597
Jan 2017495,39949.413.42$20,879
Dec 201605,10848.763.72$19,016
Nov 201604,72442.492.64$12,492
Oct 201604,87946.193.09$15,077
Sep 201604,81441.553.10$14,926
Aug 201605,31841.442.92$15,552
Jul 201605,47341.622.92$16,005
Jun 201605,11945.352.69$13,749
May 201605,22242.521.99$10,397
Apr 201605,21336.561.99$10,379
Mar 201605,59333.011.79$10,034
Feb 201605,25326.472.06$10,840
Jan 201605,51527.352.36$13,039
Dec 201505,71332.362.00$11,434
Nov 201505,64438.792.17$12,232
Oct 201505,82843.552.43$14,142
Sep 201505,82442.992.76$16,065
Aug 201506,03240.162.87$17,327
Jul 201505,93848.152.95$17,488
Jun 201505,65456.152.88$16,300
May 201505,74555.212.96$16,979
Apr 201505,56649.822.71$15,065
Mar 201505,75842.892.93$16,898
Feb 201505,31544.662.98$15,818
Jan 201506,21443.433.10$19,267
Dec 201406,65854.693.59$23,911
Nov 201406,66570.464.25$28,339
Oct 201407,03778.303.90$27,451
Sep 201406,93686.164.05$28,059
Aug 201406,93389.394.04$27,975
Jul 201406,37196.564.18$26,628
Jun 201406,73398.164.74$31,893
May 201407,05694.734.73$33,351
Apr 201416,76995.944.81$32,649
Mar 201406,93695.895.06$35,074
Feb 201406,42897.406.19$39,802
Jan 201407,18790.404.86$34,934
Dec 201307,33891.824.35$31,953
Nov 201307,67288.853.74$28,680
Oct 201308,04097.423.78$30,386
Sep 2013197,826104.113.72$31,073
Aug 201308,284104.253.52$29,181
Jul 201308,360102.523.72$31,080
Jun 201308,13294.403.93$31,986
May 201308,60494.834.15$35,699
Apr 201308,55593.964.28$36,638
Mar 201309,01493.623.91$35,271
Feb 201308,29591.233.42$28,368
Jan 201309,51391.603.42$32,534
Dec 2012139,77486.773.42$34,557
Nov 201209,89886.953.62$35,880
Oct 201207,94489.383.40$27,007
Sep 201209,87494.672.92$28,816
Aug 201209,02392.662.91$26,240
Jul 201209,94985.133.02$30,054
Jun 201209,96079.822.52$25,090
May 2012010,74091.612.49$26,725
Apr 2012010,862101.652.00$21,689
Mar 2012011,477105.052.22$25,503
Feb 2012011,081101.102.57$28,481
Jan 2012012,21198.092.73$33,386
Dec 2011012,44796.873.24$40,325
Nov 2011012,56995.723.31$41,619
Oct 2011013,37584.983.65$48,799
Sep 2011013,42283.623.99$53,497
Aug 2011014,61183.404.15$60,626
Jul 2011015,07094.144.52$68,075
Jun 2011015,14292.904.64$70,257
May 2011016,17198.134.40$71,230
Apr 2011016,822105.964.33$72,894
Mar 20114018,70896.364.06$79,759
Feb 2011017,10285.644.18$71,486
Jan 2011020,54586.504.59$94,276
Dec 2010021,23085.734.35$92,303
Nov 2010021,18080.843.80$80,385
Oct 2010020,72878.103.51$72,732
Sep 2010021,09372.633.98$83,939
Aug 2010028,44673.684.42$125,713
Jul 2010034,09472.554.74$161,486
Jun 2010043,28070.364.91$212,522
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             1 bbl  × $106.41 =       $106
Gas                4,993 Mcf  × $  3.05 =    $15,208

────────────────────────────────────────────────────
Month total                                  $15,314

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/261397 is the state's own key, not one this site invented.