PATE UNIT

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 267274District 09Field 65280200CondensateGasSaveExport
Value, all time
$9.7 M
May 2012 – May 2026
Value, last 12 filed months
$322 k
at the published price for each month
Months reported
169
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
CondensateDisposition310 bbl$26,564
GasProduction2,843,086 Mcf$9,696,958
Total$9,723,522

Every month this lease reported (169)

Volume × price = value, one row per cycle. The price columns are the same series published on the prices page — nothing here is modelled.

169 months

May 202606,567106.413.05$20,002
Apr 202606,40398.932.87$18,375
Mar 202606,82689.753.15$21,498
Feb 202606,01363.503.75$22,551
Jan 202607,53359.138.00$60,248
Dec 202507,40456.664.41$32,677
Nov 202506,97158.593.93$27,371
Oct 202507,24759.383.30$23,950
Sep 202507,51062.743.08$23,108
Aug 202507,86363.933.01$23,705
Jul 202507,02266.743.32$23,279
Jun 202507,99166.483.13$25,002
May 202506,44360.553.23$20,826
Apr 202506,65762.363.54$23,587
Mar 202507,14367.704.27$30,489
Feb 202506,99770.884.34$30,373
Jan 202507,28974.324.28$31,187
Dec 202408,03768.993.12$25,086
Nov 202408,28269.052.20$18,207
Oct 202408,83571.372.28$20,156
Sep 2024012,24669.612.36$28,954
Aug 20240075.632.06$0
Jul 202409,58979.932.15$20,584
Jun 2024011,56678.082.63$30,465
May 2024012,19278.812.20$26,803
Apr 202409,45384.451.66$15,684
Mar 202409,00880.301.55$13,919
Feb 202403,32976.091.78$5,938
Jan 202403,68573.023.30$12,152
Dec 202304,40971.262.61$11,511
Nov 202305,32277.892.81$14,942
Oct 202305,62785.443.09$17,372
Sep 202307,13689.042.74$19,517
Aug 202307,69280.522.67$20,560
Jul 202308,74674.852.64$23,105
Jun 202309,31568.962.26$21,038
May 2023010,00770.622.23$22,290
Apr 2023010,12378.122.24$22,653
Mar 202306,72972.852.39$16,104
Feb 202309,12575.112.47$22,499
Jan 2023011,71976.533.39$39,701
Dec 2022010,24076.415.73$58,666
Nov 2022012,20785.005.65$68,923
Oct 2022012,75587.185.86$74,792
Sep 2022012,58184.888.16$102,707
Aug 2022012,81994.529.13$117,001
Jul 2022012,654101.587.54$95,437
Jun 2022011,739115.097.98$93,644
May 2022011,785109.378.43$99,383
Apr 2022011,418104.226.84$78,072
Mar 2022011,842108.885.08$60,115
Feb 2022010,66791.054.86$51,829
Jan 2022011,88981.844.54$53,948
Dec 2021011,35671.323.90$44,278
Nov 2021011,20877.435.24$58,695
Oct 2021011,13179.795.71$63,601
Sep 202109,64369.865.35$51,599
Aug 2021010,78766.024.22$45,528
Jul 2021011,52470.783.98$45,889
Jun 2021012,72969.493.38$43,032
May 2021013,01763.483.02$39,281
Apr 2021013,18360.362.76$36,364
Mar 2021014,25361.302.72$38,725
Feb 202108,51557.805.55$47,241
Jan 2021012,85950.412.81$36,137
Dec 2020013,08044.642.68$34,995
Nov 2020012,86338.772.71$34,815
Oct 2020013,12436.972.48$32,527
Sep 2020013,17537.091.99$26,232
Aug 2020012,94239.982.39$30,868
Jul 2020012,61638.371.83$23,026
Jun 2020011,98434.901.69$20,257
May 2020012,71516.921.81$23,075
Apr 2020012,25614.751.80$22,114
Mar 2020012,49030.341.86$23,184
Feb 2020011,36049.881.98$22,500
Jan 2020012,19857.252.09$25,552
Dec 2019012,09759.012.30$27,876
Nov 2019012,09155.302.75$33,259
Oct 2019012,30753.472.42$29,765
Sep 2019011,79755.052.66$31,348
Aug 2019012,03553.112.30$27,733
Jul 2019011,91456.272.46$29,309
Jun 2019011,99452.782.49$29,879
May 2019012,63458.482.74$34,621
Apr 2019012,38862.632.75$34,076
Mar 2019013,27956.803.06$40,662
Feb 2019011,92150.852.79$33,286
Jan 2019012,98446.033.23$41,915
Dec 2018013,70446.594.19$57,357
Nov 2018012,89452.934.24$54,635
Oct 2018012,50361.443.40$42,486
Sep 2018013,01859.543.11$40,460
Aug 2018012,31759.403.07$37,771
Jul 2018013,80965.142.93$40,486
Jun 2018014,47760.183.08$44,545
May 2018014,89665.382.90$43,210
Apr 2018013,07363.842.90$37,922
Mar 2018014,20161.222.79$39,576
Feb 2018012,50161.782.77$34,579
Jan 2018014,31862.874.01$57,405
Dec 2017015,20257.272.92$44,413
Nov 2017014,57155.423.12$45,438
Oct 2017013,80849.292.98$41,199
Sep 2017014,22347.523.09$43,910
Aug 2017014,73245.373.00$44,261
Jul 2017014,32643.873.09$44,228
Jun 2017014,12142.493.09$43,595
May 2017015,01945.373.26$49,013
Apr 2017014,23847.933.21$45,727
Mar 2017014,33646.772.98$42,774
Feb 2017013,47850.452.95$39,795
Jan 20176715,98349.413.42$57,953
Dec 2016016,74048.763.72$62,320
Nov 2016015,92042.492.64$42,098
Oct 2016016,71646.193.09$51,657
Sep 2016016,36641.553.10$50,745
Aug 2016017,24041.442.92$50,416
Jul 2016017,13841.622.92$50,117
Jun 2016017,59245.352.69$47,249
May 2016018,34842.521.99$36,532
Apr 2016018,00236.561.99$35,843
Mar 2016019,09133.011.79$34,249
Feb 2016017,38626.472.06$35,878
Jan 2016017,77227.352.36$42,019
Dec 2015019,45032.362.00$38,927
Nov 2015018,37938.792.17$39,833
Oct 2015019,17743.552.43$46,535
Sep 2015020,08742.992.76$55,408
Aug 2015020,27640.162.87$58,243
Jul 2015020,79048.152.95$61,228
Jun 2015021,01456.152.88$60,580
May 2015021,50455.212.96$63,554
Apr 2015021,01349.822.71$56,873
Mar 2015022,13242.892.93$64,951
Feb 2015019,80044.662.98$58,929
Jan 2015022,50043.433.10$69,764
Dec 2014022,82954.693.59$81,987
Nov 2014022,65270.464.25$96,313
Oct 2014023,44678.303.90$91,462
Sep 2014023,86086.164.05$96,524
Aug 2014025,31389.394.04$102,141
Jul 2014025,31796.564.18$105,815
Jun 2014025,11798.164.74$118,976
May 2014026,17494.734.73$123,713
Apr 2014025,34395.944.81$121,878
Mar 2014026,53895.895.06$134,197
Feb 2014024,73497.406.19$153,153
Jan 2014028,04190.404.86$136,299
Dec 2013028,68091.824.35$124,886
Nov 2013026,92388.853.74$100,646
Oct 2013030,07197.423.78$113,649
Sep 20134829,744104.113.72$115,578
Aug 2013030,679104.253.52$108,070
Jul 2013033,208102.523.72$123,459
Jun 2013033,05294.403.93$130,007
May 2013035,57194.834.15$147,587
Apr 2013035,81493.964.28$153,377
Mar 201319537,64493.623.91$165,552
Feb 2013036,65291.233.42$125,347
Jan 2013042,74191.603.42$146,170
Dec 2012044,92486.773.42$153,647
Nov 2012046,48686.953.62$168,510
Oct 2012051,17989.383.40$173,992
Sep 2012055,37194.672.92$161,595
Aug 2012063,69192.662.91$185,224
Jul 2012068,66885.133.02$207,432
Jun 2012083,44979.822.52$210,211
May 2012045,89891.612.49$114,209

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             0 bbl  × $106.41 =         $0
Gas                6,567 Mcf  × $  3.05 =    $20,002

────────────────────────────────────────────────────
Month total                                  $20,002

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/267274 is the state's own key, not one this site invented.