FANNIN FARMS B 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 284986District 09Field 65280200GasSaveExport
Value, all time
$10.2 M
Jun 2018 – May 2026
Value, last 12 filed months
$517 k
at the published price for each month
Months reported
96
no gaps in the span
Streams
1
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
GasProduction3,068,633 Mcf$10,207,255
Total$10,207,255

Every month this lease reported (96)

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

96 months

May 202612,776106.413.05$38,914
Apr 202612,88498.932.87$36,973
Mar 2026089.753.15$0
Feb 202612,07163.503.75$45,270
Jan 202614,33259.138.00$114,626
Dec 202511,18256.664.41$49,350
Nov 20259,74858.593.93$38,275
Oct 202511,03559.383.30$36,469
Sep 202511,73162.743.08$36,095
Aug 202512,26763.933.01$36,982
Jul 202512,86266.743.32$42,640
Jun 202513,10866.483.13$41,011
May 202513,80660.553.23$44,625
Apr 202513,94362.363.54$49,402
Mar 202514,43867.704.27$61,626
Feb 202515,82070.884.34$68,672
Jan 202511,13174.324.28$47,626
Dec 202413,91568.993.12$43,434
Nov 202413,60469.052.20$29,908
Oct 202414,67671.372.28$33,482
Sep 202414,43069.612.36$34,118
Aug 202414,96975.632.06$30,890
Jul 202416,14279.932.15$34,650
Jun 202415,68578.082.63$41,314
May 202415,66278.812.20$34,432
Apr 202415,78784.451.66$26,194
Mar 202417,80880.301.55$27,516
Feb 202418,26476.091.78$32,576
Jan 202419,35873.023.30$63,836
Dec 202317,43271.262.61$45,510
Nov 202318,20577.892.81$51,112
Oct 202317,01985.443.09$52,542
Sep 202318,63789.042.74$50,973
Aug 202320,02980.522.67$53,535
Jul 202320,28674.852.64$53,592
Jun 202320,06068.962.26$45,305
May 202321,28870.622.23$47,417
Apr 202320,89978.122.24$46,767
Mar 202322,04672.852.39$52,760
Feb 202320,18575.112.47$49,770
Jan 202322,31076.533.39$75,580
Dec 202222,70876.415.73$130,096
Nov 202222,14285.005.65$125,018
Oct 202221,97087.185.86$128,827
Sep 202222,04384.888.16$179,952
Aug 202222,87294.529.13$208,756
Jul 202225,206101.587.54$190,106
Jun 202224,742115.097.98$197,372
May 202222,072109.378.43$186,134
Apr 202224,589104.226.84$168,130
Mar 202226,136108.885.08$132,677
Feb 202224,31491.054.86$118,138
Jan 202227,38881.844.54$124,278
Dec 202128,09871.323.90$109,557
Nov 202127,85477.435.24$145,867
Oct 202129,33579.795.71$167,616
Sep 202129,06669.865.35$155,530
Aug 202130,58866.024.22$129,099
Jul 202131,16970.783.98$124,117
Jun 202131,23169.493.38$105,580
May 202132,56163.483.02$98,258
Apr 202131,70660.362.76$87,458
Mar 202134,06261.302.72$92,544
Feb 202129,41957.805.55$163,215
Jan 202134,37350.412.81$96,597
Dec 202036,67144.642.68$98,112
Nov 202035,85638.772.71$97,047
Oct 202036,09236.972.48$89,452
Sep 202037,35937.091.99$74,383
Aug 202040,04839.982.39$95,518
Jul 202042,36338.371.83$77,318
Jun 202041,69834.901.69$70,483
May 202044,30616.921.81$80,404
Apr 202044,51214.751.80$80,317
Mar 202047,09830.341.86$87,425
Feb 202046,09949.881.98$91,307
Jan 202051,07157.252.09$106,980
Dec 201953,62459.012.30$123,569
Nov 201954,12055.302.75$148,868
Oct 201955,34853.472.42$133,861
Sep 201958,44455.052.66$155,302
Aug 201962,90053.112.30$144,944
Jul 201966,53456.272.46$163,678
Jun 201968,30652.782.49$170,164
May 201974,91658.482.74$205,294
Apr 201977,66762.632.75$213,639
Mar 201986,88856.803.06$266,060
Feb 201986,35650.852.79$241,125
Jan 2019103,07546.033.23$332,745
Dec 2018116,80446.594.19$488,876
Nov 2018122,35952.934.24$518,464
Oct 2018167,89661.443.40$570,524
Sep 201822,74959.543.11$70,704
Aug 2018059.403.07$0
Jul 2018065.142.93$0
Jun 2018060.183.08$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
Gas               12,776 Mcf  × $  3.05 =    $38,914

────────────────────────────────────────────────────
Month total                                  $38,914

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/284986 is the state's own key, not one this site invented.