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 265621District 09Field 65280200CondensateGasSaveExport
Value, all time
$6.4 M
May 2010 – May 2026
Value, last 12 filed months
$186 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
CondensateDisposition246 bbl$19,503
GasProduction1,750,432 Mcf$6,338,786
Total$6,358,288

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 202643,496106.413.05$11,074
Apr 202664,45198.932.87$13,367
Mar 202664,23789.753.15$13,883
Feb 202663,67863.503.75$14,175
Jan 202603,96459.138.00$31,704
Dec 202523,99656.664.41$17,749
Nov 202524,14358.593.93$16,384
Oct 202524,42859.383.30$14,753
Sep 202523,95762.743.08$12,301
Aug 202504,39663.933.01$13,253
Jul 202524,45266.743.32$14,893
Jun 202563,89866.483.13$12,595
May 202544,01660.553.23$13,223
Apr 202544,70762.363.54$16,927
Mar 202574,44567.704.27$19,447
Feb 202503,36470.884.34$14,603
Jan 202524,09674.324.28$17,674
Dec 202424,33468.993.12$13,666
Nov 202433,98969.052.20$8,977
Oct 202433,38571.372.28$7,937
Sep 202401,88969.612.36$4,466
Aug 20242075.632.06$151
Jul 202421,11079.932.15$2,543
Jun 202414,66978.082.63$12,376
May 202424,98378.812.20$11,112
Apr 202414,92584.451.66$8,256
Mar 202414,90080.301.55$7,651
Feb 202403,55376.091.78$6,337
Jan 202404,03173.023.30$13,293
Dec 202305,39771.262.61$14,090
Nov 202305,89877.892.81$16,559
Oct 202305,20985.443.09$16,082
Sep 202314,02189.042.74$11,087
Aug 202314,84280.522.67$13,023
Jul 202315,09574.852.64$13,535
Jun 202314,33468.962.26$9,857
May 202316,97470.622.23$15,605
Apr 202327,14778.122.24$16,150
Mar 202335,04772.852.39$12,297
Feb 202325,14375.112.47$12,831
Jan 202302,40676.533.39$8,151
Dec 202213,29376.415.73$18,942
Nov 202204,80685.005.65$27,136
Oct 202205,05387.185.86$29,630
Sep 202214,83784.888.16$39,573
Aug 202205,59094.529.13$51,021
Jul 202215,384101.587.54$40,708
Jun 202215,341115.097.98$42,721
May 202215,743109.378.43$48,540
Apr 202225,526104.226.84$37,993
Mar 202215,656108.885.08$28,821
Feb 202214,78491.054.86$23,336
Jan 202215,22981.844.54$23,809
Dec 202105,78371.323.90$22,549
Nov 202105,65577.435.24$29,614
Oct 202115,79279.795.71$33,175
Sep 202105,25369.865.35$28,108
Aug 202116,02966.024.22$25,512
Jul 202105,80070.783.98$23,096
Jun 202115,78469.493.38$19,623
May 202115,39063.483.02$16,329
Apr 202104,66960.362.76$12,879
Mar 202105,72361.302.72$15,549
Feb 202103,36957.805.55$18,691
Jan 202105,72550.412.81$16,089
Dec 202005,49844.642.68$14,710
Nov 202005,24738.772.71$14,201
Oct 202005,78236.972.48$14,330
Sep 202005,49337.091.99$10,937
Aug 202006,66939.982.39$15,906
Jul 202006,13838.371.83$11,203
Jun 202005,86534.901.69$9,914
May 202005,94016.921.81$10,780
Apr 202005,86614.751.80$10,584
Mar 202006,08530.341.86$11,295
Feb 202005,78649.881.98$11,460
Jan 202006,52157.252.09$13,660
Dec 201906,36459.012.30$14,665
Nov 201906,00355.302.75$16,512
Oct 201906,34353.472.42$15,341
Sep 201906,27455.052.66$16,672
Aug 201906,23753.112.30$14,372
Jul 201905,98356.272.46$14,719
Jun 201905,97452.782.49$14,882
May 201906,41358.482.74$17,574
Apr 201905,92262.632.75$16,290
Mar 201906,20556.803.06$19,000
Feb 201905,82450.852.79$16,262
Jan 201906,97446.033.23$22,513
Dec 201807,15246.594.19$29,934
Nov 201806,68252.934.24$28,313
Oct 201806,83361.443.40$23,219
Sep 201806,68059.543.11$20,761
Aug 201806,88859.403.07$21,122
Jul 201806,91165.142.93$20,262
Jun 201807,37760.183.08$22,698
May 201807,58965.382.90$22,014
Apr 201807,34963.842.90$21,318
Mar 201807,72461.222.79$21,526
Feb 201806,70661.782.77$18,550
Jan 201807,67062.874.01$30,751
Dec 201708,63257.272.92$25,219
Nov 201708,12955.423.12$25,349
Oct 201707,82249.292.98$23,338
Sep 201706,12247.523.09$18,900
Aug 201704,59145.373.00$13,793
Jul 201704,87243.873.09$15,041
Jun 201705,41342.493.09$16,711
May 201706,78445.373.26$22,139
Apr 201706,79747.933.21$21,829
Mar 201706,54646.772.98$19,531
Feb 201706,14050.452.95$18,129
Jan 2017495,99149.413.42$22,903
Dec 201606,44148.763.72$23,979
Nov 201607,51542.492.64$19,872
Oct 201607,92846.193.09$24,500
Sep 201607,34241.553.10$22,765
Aug 201607,45641.442.92$21,804
Jul 201607,62841.622.92$22,307
Jun 201607,65845.352.69$20,568
May 201608,12942.521.99$16,185
Apr 201607,69336.561.99$15,317
Mar 201608,34533.011.79$14,971
Feb 201607,42726.472.06$15,327
Jan 201608,17327.352.36$19,324
Dec 201507,86532.362.00$15,741
Nov 201507,77038.792.17$16,840
Oct 201508,27943.552.43$20,090
Sep 201507,77342.992.76$21,441
Aug 201508,15440.162.87$23,422
Jul 201508,34748.152.95$24,583
Jun 201508,43656.152.88$24,320
May 201508,67155.212.96$25,627
Apr 201508,40549.822.71$22,749
Mar 201508,84742.892.93$25,963
Feb 201507,86344.662.98$23,402
Jan 201508,67843.433.10$26,907
Dec 201408,88854.693.59$31,920
Nov 201409,02670.464.25$38,377
Oct 201409,57978.303.90$37,367
Sep 201409,21986.164.05$37,295
Aug 201409,64489.394.04$38,915
Jul 201409,83196.564.18$41,090
Jun 201409,22698.164.74$43,702
May 201409,96294.734.73$47,086
Apr 201419,20395.944.81$44,354
Mar 201409,74895.895.06$49,294
Feb 201409,34697.406.19$57,870
Jan 2014010,79190.404.86$52,452
Dec 2013011,15391.824.35$48,566
Nov 2013010,90588.853.74$40,766
Oct 2013011,03597.423.78$41,705
Sep 20132611,243104.113.72$44,505
Aug 2013011,294104.253.52$39,784
Jul 2013011,980102.523.72$44,539
Jun 2013111,52594.403.93$45,427
May 2013011,68694.834.15$48,486
Apr 2013011,67893.964.28$50,012
Mar 2013012,39293.623.91$48,488
Feb 2013011,19291.233.42$38,276
Jan 2013013,04191.603.42$44,599
Dec 20121613,25686.773.42$46,726
Nov 2012013,25386.953.62$48,042
Oct 2012011,75789.383.40$39,970
Sep 2012013,39094.672.92$39,077
Aug 2012014,51292.662.91$42,203
Jul 2012014,25385.133.02$43,055
Jun 2012013,92079.822.52$35,065
May 2012014,90091.612.49$37,076
Apr 2012014,831101.652.00$29,615
Mar 2012015,634105.052.22$34,740
Feb 2012015,016101.102.57$38,595
Jan 2012016,56498.092.73$45,287
Dec 2011016,99396.873.24$55,053
Nov 2011016,64695.723.31$55,120
Oct 2011017,99484.983.65$65,652
Sep 2011018,31083.623.99$72,980
Aug 2011019,81683.404.15$82,223
Jul 2011021,08394.144.52$95,237
Jun 2011021,41992.904.64$99,382
May 2011022,97798.134.40$101,210
Apr 2011022,960105.964.33$99,492
Mar 20115524,66596.364.06$105,374
Feb 2011021,68185.644.18$90,626
Jan 2011024,93486.504.59$114,417
Dec 2010025,62985.734.35$111,428
Nov 2010032,39780.843.80$122,957
Oct 2010029,68378.103.51$104,154
Sep 2010031,84472.633.98$126,722
Aug 2010042,09073.684.42$186,011
Jul 2010047,63472.554.74$225,618
Jun 2010067,95670.364.91$333,691
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                3,496 Mcf  × $  3.05 =    $10,648

────────────────────────────────────────────────────
Month total                                  $11,074

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/265621 is the state's own key, not one this site invented.