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 265626District 09Field 65280200CondensateGasSaveExport
Value, all time
$5.4 M
May 2010 – May 2026
Value, last 12 filed months
$81 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
CondensateDisposition219 bbl$17,268
GasProduction1,482,450 Mcf$5,430,670
Total$5,447,938

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 202672,053106.413.05$6,998
Apr 2026102,88598.932.87$9,268
Mar 2026102,19589.753.15$7,811
Feb 2026111,54963.503.75$6,508
Jan 202601,49459.138.00$11,949
Dec 202531,87656.664.41$8,449
Nov 202531,44558.593.93$5,849
Oct 202531,03159.383.30$3,585
Sep 202531,81762.743.08$5,779
Aug 202501,61163.933.01$4,857
Jul 202531,42366.743.32$4,918
Jun 2025101,31566.483.13$4,779
May 202572,25760.553.23$7,719
Apr 202573,65262.363.54$13,376
Mar 2025114,94667.704.27$21,856
Feb 202504,11770.884.34$17,871
Jan 202543,83074.324.28$16,685
Dec 202432,88468.993.12$9,209
Nov 202433,45369.052.20$7,798
Oct 202434,08471.372.28$9,531
Sep 202404,18469.612.36$9,892
Aug 20243075.632.06$227
Jul 202446,28079.932.15$13,800
Jun 202444,37178.082.63$11,825
May 202474,45778.812.20$10,350
Apr 202434,96884.451.66$8,496
Mar 202443,90080.301.55$6,347
Feb 202401,00576.091.78$1,793
Jan 2024065373.023.30$2,153
Dec 2023098771.262.61$2,577
Nov 202301,01077.892.81$2,836
Oct 202301,68585.443.09$5,202
Sep 202331,62789.042.74$4,717
Aug 202331,57780.522.67$4,457
Jul 202331,44674.852.64$4,045
Jun 202331,32868.962.26$3,206
May 202331,64070.622.23$3,865
Apr 202321,52478.122.24$3,567
Mar 2023498872.852.39$2,656
Feb 2023127575.112.47$753
Jan 2023089076.533.39$3,015
Dec 202231,38676.415.73$8,170
Nov 202202,19785.005.65$12,405
Oct 202203,48887.185.86$20,453
Sep 202235,33084.888.16$43,767
Aug 202205,58294.529.13$50,948
Jul 202246,354101.587.54$48,329
Jun 202245,458115.097.98$44,000
May 202245,583109.378.43$47,519
Apr 202272,096104.226.84$15,061
Mar 202233,904108.885.08$20,145
Feb 202235,28491.054.86$25,947
Jan 202234,32181.844.54$19,853
Dec 202104,77071.323.90$18,599
Nov 202104,29477.435.24$22,487
Oct 202134,48879.795.71$25,883
Sep 202102,20269.865.35$11,783
Aug 202132,39066.024.22$10,285
Jul 202102,03270.783.98$8,092
Jun 202132,21269.493.38$7,686
May 202132,12763.483.02$6,609
Apr 202101,88060.362.76$5,186
Mar 202101,64361.302.72$4,464
Feb 202101,70857.805.55$9,476
Jan 202104,01650.412.81$11,286
Dec 202004,60444.642.68$12,318
Nov 202004,83238.772.71$13,078
Oct 202004,02136.972.48$9,966
Sep 202005,40837.091.99$10,768
Aug 202005,35539.982.39$12,772
Jul 202005,21938.371.83$9,525
Jun 202005,83434.901.69$9,861
May 202006,45516.921.81$11,714
Apr 202004,47114.751.80$8,067
Mar 202005,12730.341.86$9,517
Feb 202004,49249.881.98$8,897
Jan 202004,65957.252.09$9,759
Dec 201905,44359.012.30$12,543
Nov 201905,05255.302.75$13,897
Oct 201905,91853.472.42$14,313
Sep 201906,78555.052.66$18,030
Aug 201905,76753.112.30$13,289
Jul 201906,50456.272.46$16,000
Jun 201906,33652.782.49$15,784
May 201907,15758.482.74$19,612
Apr 201904,59362.632.75$12,634
Mar 201903,16956.803.06$9,704
Feb 201904,72750.852.79$13,199
Jan 201905,30846.033.23$17,135
Dec 201805,83246.594.19$24,409
Nov 201806,60152.934.24$27,970
Oct 201806,54761.443.40$22,247
Sep 201806,85159.543.11$21,293
Aug 201808,27559.403.07$25,376
Jul 201808,76765.142.93$25,704
Jun 201807,23560.183.08$22,262
May 201808,26365.382.90$23,969
Apr 201807,67763.842.90$22,269
Mar 201808,41361.222.79$23,446
Feb 201805,03861.782.77$13,936
Jan 201805,81662.874.01$23,318
Dec 201704,30157.272.92$12,565
Nov 201705,06055.423.12$15,779
Oct 201706,07349.292.98$18,120
Sep 201704,88747.523.09$15,088
Aug 201705,50245.373.00$16,530
Jul 201705,38543.873.09$16,625
Jun 201704,49242.493.09$13,868
May 201707,40845.373.26$24,175
Apr 201707,35747.933.21$23,628
Mar 201707,65146.772.98$22,828
Feb 201707,49050.452.95$22,115
Jan 201727,90749.413.42$27,131
Dec 201608,16448.763.72$30,393
Nov 201608,40642.492.64$22,228
Oct 201608,74046.193.09$27,009
Sep 201608,30741.553.10$25,757
Aug 201605,56941.442.92$16,286
Jul 201603,35541.622.92$9,811
Jun 201605,75645.352.69$15,460
May 201604,70142.521.99$9,360
Apr 201603,25036.561.99$6,471
Mar 201605,26333.011.79$9,442
Feb 201604,84126.472.06$9,990
Jan 201605,39127.352.36$12,746
Dec 201505,39632.362.00$10,800
Nov 201505,15038.792.17$11,162
Oct 201505,43043.552.43$13,176
Sep 201504,92642.992.76$13,588
Aug 201505,38940.162.87$15,480
Jul 201506,66248.152.95$19,620
Jun 201506,18656.152.88$17,833
May 201506,18955.212.96$18,291
Apr 201505,66649.822.71$15,335
Mar 201516,52542.892.93$19,192
Feb 201526,31444.662.98$18,881
Jan 201517,50843.433.10$23,323
Dec 201418,64654.693.59$31,106
Nov 201429,09870.464.25$38,824
Oct 201419,72478.303.90$38,011
Sep 2014210,25086.164.05$41,638
Aug 2014010,62789.394.04$42,881
Jul 2014110,64196.564.18$44,572
Jun 2014110,39398.164.74$49,329
May 2014011,05394.734.73$52,243
Apr 201458,71195.944.81$42,372
Mar 201429,61995.895.06$48,833
Feb 201407,24997.406.19$44,886
Jan 201418,03090.404.86$39,122
Dec 201317,89891.824.35$34,484
Nov 201307,56088.853.74$28,261
Oct 201319,80497.423.78$37,150
Sep 201308,020104.113.72$29,816
Aug 201311104.253.52$108
Jul 201300102.523.72$0
Jun 2013043494.403.93$1,707
May 201307,47194.834.15$30,998
Apr 201308,92693.964.28$38,226
Mar 201309,99593.623.91$39,109
Feb 201309,17391.233.42$31,371
Jan 201306,37191.603.42$21,788
Dec 2012014,05886.773.42$48,081
Nov 2012014,33086.953.62$51,946
Oct 2012013,12489.383.40$44,617
Sep 201208,92294.672.92$26,038
Aug 2012010,33492.662.91$30,053
Jul 2012012,75385.133.02$38,524
Jun 2012011,04179.822.52$27,813
May 2012015,37691.612.49$38,260
Apr 2012014,792101.652.00$29,537
Mar 2012010,544105.052.22$23,430
Feb 2012011,514101.102.57$29,594
Jan 2012022,06098.092.73$60,314
Dec 2011020,67496.873.24$66,978
Nov 2011019,17595.723.31$63,494
Oct 2011021,18884.983.65$77,305
Sep 2011025,11483.623.99$100,099
Aug 201101,76483.404.15$7,319
Jul 201103,25494.144.52$14,699
Jun 2011020,24592.904.64$93,934
May 2011029,13498.134.40$128,330
Apr 2011032,434105.964.33$140,546
Mar 2011029,61396.364.06$120,150
Feb 201101,51485.644.18$6,328
Jan 2011035,41886.504.59$162,525
Dec 2010036,90785.734.35$160,462
Nov 2010044,44680.843.80$168,687
Oct 2010025,92878.103.51$90,979
Sep 2010039,02272.633.98$155,287
Aug 2010060,84573.684.42$268,896
Jul 2010039,63872.554.74$187,745
Jun 2010038,99070.364.91$191,457
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             7 bbl  × $106.41 =       $745
Gas                2,053 Mcf  × $  3.05 =     $6,253

────────────────────────────────────────────────────
Month total                                   $6,998

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/265626 is the state's own key, not one this site invented.