PATE BONE RANCH 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 268361District 09Field 65280200CondensateGasSaveExport
Value, all time
$6.9 M
May 2012 – May 2026
Value, last 12 filed months
$312 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
CondensateDisposition166 bbl$11,867
GasProduction2,063,272 Mcf$6,860,101
Total$6,871,967

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 202606,965106.413.05$21,214
Apr 202606,72298.932.87$19,290
Mar 202606,96489.753.15$21,933
Feb 202606,35263.503.75$23,822
Jan 202606,88359.138.00$55,050
Dec 202506,91456.664.41$30,514
Nov 202506,76958.593.93$26,578
Oct 202507,74059.383.30$25,579
Sep 202506,85662.743.08$21,095
Aug 202506,74463.933.01$20,332
Jul 202507,37066.743.32$24,433
Jun 202507,15966.483.13$22,399
May 202507,20860.553.23$23,299
Apr 202506,88562.363.54$24,394
Mar 202506,96167.704.27$29,712
Feb 202506,48270.884.34$28,137
Jan 202507,37074.324.28$31,534
Dec 202407,02368.993.12$21,921
Nov 202406,69769.052.20$14,723
Oct 202406,94871.372.28$15,851
Sep 2024013,43169.612.36$31,756
Aug 20240075.632.06$0
Jul 202407,17679.932.15$15,404
Jun 202406,60378.082.63$17,392
May 202409,70778.812.20$21,340
Apr 202407,83884.451.66$13,005
Mar 202408,15880.301.55$12,605
Feb 202408,73876.091.78$15,585
Jan 202409,20173.023.30$30,342
Dec 202309,51171.262.61$24,831
Nov 202307,95377.892.81$22,329
Oct 202308,16085.443.09$25,192
Sep 202307,28489.042.74$19,922
Aug 202307,54980.522.67$20,178
Jul 202307,58874.852.64$20,046
Jun 202307,43568.962.26$16,792
May 202308,03170.622.23$17,888
Apr 202308,33278.122.24$18,645
Mar 202306,56572.852.39$15,711
Feb 202305,91675.112.47$14,587
Jan 202302,02876.533.39$6,870
Dec 202203,44976.415.73$19,760
Nov 202203,57685.005.65$20,191
Oct 202204,85487.185.86$28,463
Sep 202203,99384.888.16$32,598
Aug 202206,33694.529.13$57,830
Jul 202204,661101.587.54$35,154
Jun 202205,688115.097.98$45,374
May 202205,897109.378.43$49,730
Apr 202206,084104.226.84$41,600
Mar 202206,665108.885.08$33,834
Feb 202206,18591.054.86$30,052
Jan 202205,65981.844.54$25,679
Dec 202107,20771.323.90$28,101
Nov 202106,61177.435.24$34,621
Oct 202107,10779.795.71$40,608
Sep 202106,35269.865.35$33,989
Aug 202106,98666.024.22$29,485
Jul 202107,73070.783.98$30,781
Jun 202105,84369.493.38$19,753
May 202105,54863.483.02$16,742
Apr 202105,13960.362.76$14,176
Mar 202105,33561.302.72$14,495
Feb 202103,44257.805.55$19,096
Jan 202106,01150.412.81$16,893
Dec 202006,75144.642.68$18,062
Nov 202006,23338.772.71$16,870
Oct 202007,06836.972.48$17,518
Sep 202005,79537.091.99$11,538
Aug 202005,90939.982.39$14,094
Jul 202006,42138.371.83$11,719
Jun 202006,91234.901.69$11,683
May 202006,89116.921.81$12,505
Apr 202006,72914.751.80$12,142
Mar 202007,41430.341.86$13,762
Feb 202007,76749.881.98$15,384
Jan 202007,83757.252.09$16,416
Dec 201908,25259.012.30$19,016
Nov 201907,67055.302.75$21,098
Oct 201908,68453.472.42$21,003
Sep 201908,82455.052.66$23,448
Aug 201908,95453.112.30$20,633
Jul 201909,03356.272.46$22,222
Jun 201909,09352.782.49$22,652
May 201909,16858.482.74$25,123
Apr 201909,13462.632.75$25,125
Mar 2019010,25256.803.06$31,393
Feb 201909,07450.852.79$25,337
Jan 2019010,53446.033.23$34,006
Dec 201809,40846.594.19$39,377
Nov 201809,28052.934.24$39,322
Oct 2018010,28761.443.40$34,956
Sep 201809,01259.543.11$28,009
Aug 2018010,54759.403.07$32,343
Jul 201809,98165.142.93$29,263
Jun 201809,47060.183.08$29,138
May 201809,54365.382.90$27,682
Apr 2018010,49163.842.90$30,432
Mar 2018010,44361.222.79$29,103
Feb 201809,98761.782.77$27,625
Jan 2018010,64862.874.01$42,691
Dec 2017011,58857.272.92$33,855
Nov 2017012,05655.423.12$37,595
Oct 2017011,08149.292.98$33,062
Sep 2017010,10747.523.09$31,203
Aug 2017010,33445.373.00$31,047
Jul 2017010,79143.873.09$33,315
Jun 2017010,69342.493.09$33,012
May 2017012,04745.373.26$39,314
Apr 2017011,98347.933.21$38,485
Mar 2017012,55546.772.98$37,460
Feb 2017011,73950.452.95$34,661
Jan 20179712,78149.413.42$48,488
Dec 2016011,03748.763.72$41,089
Nov 2016012,25142.492.64$32,396
Oct 2016013,68946.193.09$42,303
Sep 2016013,13641.553.10$40,730
Aug 2016013,48441.442.92$39,432
Jul 2016013,19941.622.92$38,598
Jun 2016012,88145.352.69$34,596
May 2016012,71742.521.99$25,320
Apr 2016013,32936.561.99$26,539
Mar 2016013,40833.011.79$24,054
Feb 2016012,55026.472.06$25,899
Jan 2016013,59427.352.36$32,141
Dec 2015013,93032.362.00$27,880
Nov 2015014,31938.792.17$31,034
Oct 2015015,26243.552.43$37,034
Sep 2015014,98942.992.76$41,346
Aug 2015014,86640.162.87$42,702
Jul 2015015,12648.152.95$44,547
Jun 2015013,35556.152.88$38,501
May 2015015,74755.212.96$46,539
Apr 2015015,48549.822.71$41,911
Mar 2015016,07142.892.93$47,164
Feb 2015016,07144.662.98$47,830
Jan 2015016,38143.433.10$50,791
Dec 2014016,79654.693.59$60,320
Nov 2014015,26270.464.25$64,892
Oct 2014017,41678.303.90$67,939
Sep 2014015,87586.164.05$64,221
Aug 2014016,72489.394.04$67,483
Jul 2014018,21896.564.18$76,144
Jun 2014018,11298.164.74$85,794
May 2014016,87694.734.73$79,765
Apr 2014018,00295.944.81$86,574
Mar 2014020,58995.895.06$104,114
Feb 2014015,79997.406.19$97,827
Jan 2014020,21890.404.86$98,274
Dec 2013019,85191.824.35$86,441
Nov 2013020,69688.853.74$77,367
Oct 2013020,93797.423.78$79,128
Sep 2013016,350104.113.72$60,785
Aug 2013016,350104.253.52$57,595
Jul 20136923,391102.523.72$94,036
Jun 2013019,68894.403.93$77,441
May 2013024,67294.834.15$102,366
Apr 2013024,78193.964.28$106,127
Mar 2013027,84193.623.91$108,938
Feb 2013024,67591.233.42$84,386
Jan 2013030,69691.603.42$104,978
Dec 2012033,90486.773.42$115,957
Nov 2012035,52186.953.62$128,762
Oct 2012040,03989.383.40$136,120
Sep 2012042,58494.672.92$124,277
Aug 2012049,28092.662.91$143,314
Jul 2012058,00485.133.02$175,218
Jun 2012074,29579.822.52$187,152
May 2012033,12891.612.49$82,433

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                6,965 Mcf  × $  3.05 =    $21,214

────────────────────────────────────────────────────
Month total                                  $21,214

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/268361 is the state's own key, not one this site invented.