FAUBUS MARCHBANKS PSA

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 267886District 09Field 65280200CondensateGasSaveExport
Value, all time
$3.0 M
Jul 2012 – May 2026
Value, last 12 filed months
$47 k
at the published price for each month
Months reported
167
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
CondensateDisposition67 bbl$5,218
GasProduction793,717 Mcf$3,000,042
Total$3,005,260

Every month this lease reported (167)

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

167 months

May 202601,236106.413.05$3,765
Apr 202611,20098.932.87$3,543
Mar 2026080389.753.15$2,529
Feb 2026054363.503.75$2,036
Jan 2026075359.138.00$6,022
Dec 2025097456.664.41$4,299
Nov 202501,22958.593.93$4,826
Oct 202501,81159.383.30$5,985
Sep 202501,41462.743.08$4,351
Aug 2025052563.933.01$1,583
Jul 2025089066.743.32$2,951
Jun 202501,63266.483.13$5,106
May 202501,84960.553.23$5,977
Apr 202521,96262.363.54$7,076
Mar 2025362867.704.27$2,884
Feb 202501,28170.884.34$5,561
Jan 2025072974.324.28$3,119
Dec 2024061368.993.12$1,913
Nov 2024027169.052.20$596
Oct 2024050571.372.28$1,152
Sep 2024013,07169.612.36$30,905
Aug 20242075.632.06$151
Jul 20240079.932.15$0
Jun 20240078.082.63$0
May 2024255678.812.20$1,380
Apr 20241084.451.66$84
Mar 20241080.301.55$80
Feb 20240076.091.78$0
Jan 20240073.023.30$0
Dec 20230071.262.61$0
Nov 20230077.892.81$0
Oct 20230085.443.09$0
Sep 20230089.042.74$0
Aug 20231080.522.67$81
Jul 20231074.852.64$75
Jun 20230068.962.26$0
May 20230070.622.23$0
Apr 20230078.122.24$0
Mar 20230072.852.39$0
Feb 2023080575.112.47$1,985
Jan 20230076.533.39$0
Dec 20220076.415.73$0
Nov 2022033185.005.65$1,869
Oct 2022071087.185.86$4,163
Sep 202202,51584.888.16$20,532
Aug 202201,78694.529.13$16,301
Jul 202201,914101.587.54$14,436
Jun 202223,344115.097.98$26,906
May 202203,461109.378.43$29,187
Apr 202231,631104.226.84$11,465
Mar 202203,363108.885.08$17,072
Feb 202202,86891.054.86$13,935
Jan 202201,52481.844.54$6,915
Dec 202102,89771.323.90$11,296
Nov 202122,77177.435.24$14,666
Oct 202103,59979.795.71$20,564
Sep 202103,04469.865.35$16,288
Aug 202103,16766.024.22$13,367
Jul 202101,72570.783.98$6,869
Jun 202121,94869.493.38$6,724
May 202101,83163.483.02$5,525
Apr 202102,89860.362.76$7,994
Mar 202102,47161.302.72$6,714
Feb 202102,01657.805.55$11,185
Jan 202102,75450.412.81$7,739
Dec 202002,71044.642.68$7,251
Nov 202002,35338.772.71$6,369
Oct 202003,12436.972.48$7,743
Sep 202002,85337.091.99$5,680
Aug 202003,00639.982.39$7,170
Jul 202003,90638.371.83$7,129
Jun 202004,02534.901.69$6,804
May 202003,94516.921.81$7,159
Apr 202003,54014.751.80$6,388
Mar 202003,08030.341.86$5,717
Feb 202002,34849.881.98$4,651
Jan 202003,36757.252.09$7,053
Dec 201903,41959.012.30$7,879
Nov 201903,11355.302.75$8,563
Oct 201903,81353.472.42$9,222
Sep 201904,59655.052.66$12,213
Aug 201904,69953.112.30$10,828
Jul 201903,84056.272.46$9,447
Jun 201902,90552.782.49$7,237
May 201902,38158.482.74$6,525
Apr 201902,97062.632.75$8,170
Mar 201903,72056.803.06$11,391
Feb 201904,26950.852.79$11,920
Jan 201903,98846.033.23$12,874
Dec 201803,68846.594.19$15,436
Nov 201803,47552.934.24$14,724
Oct 201803,49761.443.40$11,883
Sep 201803,63959.543.11$11,310
Aug 201804,33159.403.07$13,281
Jul 201804,79465.142.93$14,055
Jun 201804,40960.183.08$13,566
May 201804,47765.382.90$12,987
Apr 201804,78063.842.90$13,866
Mar 201804,68161.222.79$13,045
Feb 201803,74961.782.77$10,370
Jan 201803,79562.874.01$15,215
Dec 201705,06257.272.92$14,789
Nov 201704,87655.423.12$15,205
Oct 201704,10049.292.98$12,233
Sep 201703,48747.523.09$10,765
Aug 201702,82645.373.00$8,490
Jul 201703,34843.873.09$10,336
Jun 201704,41142.493.09$13,618
May 201706,21645.373.26$20,285
Apr 201706,40447.933.21$20,567
Mar 201716,72646.772.98$20,115
Feb 201706,32950.452.95$18,687
Jan 201706,14649.413.42$21,012
Dec 201608,10848.763.72$30,185
Nov 201607,81342.492.64$20,660
Oct 201606,98946.193.09$21,598
Sep 201636,27041.553.10$19,566
Aug 201606,39841.442.92$18,710
Jul 201606,38541.622.92$18,672
Jun 201605,10145.352.69$13,700
May 201606,94742.521.99$13,832
Apr 201606,36136.561.99$12,665
Mar 201606,45733.011.79$11,584
Feb 201606,28226.472.06$12,964
Jan 201616,45927.352.36$15,299
Dec 201506,59032.362.00$13,189
Nov 201507,30038.792.17$15,822
Oct 201508,59743.552.43$20,861
Sep 201509,27942.992.76$25,595
Aug 2015010,32240.162.87$29,650
Jul 201509,22748.152.95$27,174
Jun 201508,56256.152.88$24,683
May 201517,92755.212.96$23,483
Apr 201547,58349.822.71$20,723
Mar 201529,73642.892.93$28,658
Feb 2015210,11344.662.98$30,188
Jan 2015011,55143.433.10$35,815
Dec 2014113,45954.693.59$48,391
Nov 2014213,75670.464.25$58,629
Oct 2014015,20078.303.90$59,295
Sep 2014616,79786.164.05$68,468
Aug 2014018,97489.394.04$76,562
Jul 2014022,51396.564.18$94,095
Jun 2014025,55698.164.74$121,056
May 2014030,48994.734.73$144,108
Apr 2014433,83695.944.81$163,105
Mar 2014440,84895.895.06$206,944
Feb 2014640,59397.406.19$251,936
Jan 2014754,27590.404.86$264,448
Dec 20130091.824.35$0
Nov 20130088.853.74$0
Oct 20130097.423.78$0
Sep 201300104.113.72$0
Aug 201300104.253.52$0
Jul 201300102.523.72$0
Jun 20130094.403.93$0
May 20130094.834.15$0
Apr 20130093.964.28$0
Mar 20130093.623.91$0
Feb 20130091.233.42$0
Jan 20130091.603.42$0
Dec 20120086.773.42$0
Nov 20120086.953.62$0
Oct 20120089.383.40$0
Sep 20120094.672.92$0
Aug 20120092.662.91$0
Jul 20120085.133.02$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             0 bbl  × $106.41 =         $0
Gas                1,236 Mcf  × $  3.05 =     $3,765

────────────────────────────────────────────────────
Month total                                   $3,765

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/267886 is the state's own key, not one this site invented.