PHILLIPS 3

Operated by UPP OPERATING, LLC (P-5 875310) in the SAWYER (CANYON) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 258478District 7CField 81267333GasSaveExport
Value, all time
$470 k
Jul 2010 – May 2026
Value, last 12 filed months
$15 k
at the published price for each month
Months reported
191
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 6,629 leases and 6,629 wells, and the rule below applies to all of them.

Discovered
1967-07-01
as the register files it
Field class
Gas
the register's own label
Between wells
1,000 ft
minimum
From a lease line
500 ft
minimum

A drilling unit in this field needs at least 40 acres. The field rule took effect on 2003-06-24.

The Commission's schedule remark for this field reads: FIELD PER ORDER 7C-0234582 6/2403

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
GasProduction132,390 Mcf$469,674
Total$469,674

Every month this lease reported (191)

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

191 months

May 2026307106.413.05$935
Apr 202631098.932.87$890
Mar 202631089.753.15$976
Feb 202628163.503.75$1,054
Jan 202632259.138.00$2,575
Dec 202534156.664.41$1,505
Nov 202537358.593.93$1,465
Oct 202523159.383.30$763
Sep 202534862.743.08$1,071
Aug 202543163.933.01$1,299
Jul 202532366.743.32$1,071
Jun 202533366.483.13$1,042
May 202536960.553.23$1,193
Apr 202537362.363.54$1,322
Mar 202537567.704.27$1,601
Feb 202534170.884.34$1,480
Jan 202537774.324.28$1,613
Dec 202444468.993.12$1,386
Nov 202442369.052.20$930
Oct 202442671.372.28$972
Sep 202428169.612.36$664
Aug 202446275.632.06$953
Jul 202440479.932.15$867
Jun 202453878.082.63$1,417
May 202424578.812.20$539
Apr 202445884.451.66$760
Mar 202448180.301.55$743
Feb 202446876.091.78$835
Jan 202430273.023.30$996
Dec 202336271.262.61$945
Nov 202335077.892.81$983
Oct 202322185.443.09$682
Sep 202329289.042.74$799
Aug 202331580.522.67$842
Jul 202331374.852.64$827
Jun 202332068.962.26$723
May 202329170.622.23$648
Apr 202334678.122.24$774
Mar 202347772.852.39$1,142
Feb 202342675.112.47$1,050
Jan 202343876.533.39$1,484
Dec 202243876.415.73$2,509
Nov 202243085.005.65$2,428
Oct 202237787.185.86$2,211
Sep 202220884.888.16$1,698
Aug 202225694.529.13$2,337
Jul 2022289101.587.54$2,180
Jun 2022325115.097.98$2,593
May 2022312109.378.43$2,631
Apr 2022302104.226.84$2,065
Mar 2022315108.885.08$1,599
Feb 202224791.054.86$1,200
Jan 202234981.844.54$1,584
Dec 202137371.323.90$1,454
Nov 202133377.435.24$1,744
Oct 202143279.795.71$2,468
Sep 202147169.865.35$2,520
Aug 202149366.024.22$2,081
Jul 202152270.783.98$2,079
Jun 202153069.493.38$1,792
May 202150063.483.02$1,509
Apr 202138760.362.76$1,068
Mar 202143661.302.72$1,185
Feb 202147357.805.55$2,624
Jan 202142850.412.81$1,203
Dec 202047944.642.68$1,282
Nov 202044438.772.71$1,202
Oct 202051636.972.48$1,279
Sep 202050537.091.99$1,005
Aug 202054639.982.39$1,302
Jul 202048438.371.83$883
Jun 202050734.901.69$857
May 202051716.921.81$938
Apr 202042314.751.80$763
Mar 202045530.341.86$845
Feb 202045449.881.98$899
Jan 202054857.252.09$1,148
Dec 201961259.012.30$1,410
Nov 201954455.302.75$1,496
Oct 201948553.472.42$1,173
Sep 201954555.052.66$1,448
Aug 201958753.112.30$1,353
Jul 201940056.272.46$984
Jun 201946252.782.49$1,151
May 201959358.482.74$1,625
Apr 201958562.632.75$1,609
Mar 201958956.803.06$1,804
Feb 201951550.852.79$1,438
Jan 201949946.033.23$1,611
Dec 201851146.594.19$2,139
Nov 201853952.934.24$2,284
Oct 201856061.443.40$1,903
Sep 201857559.543.11$1,787
Aug 201857659.403.07$1,766
Jul 201858765.142.93$1,721
Jun 201855960.183.08$1,720
May 201859265.382.90$1,717
Apr 201862863.842.90$1,822
Mar 201862861.222.79$1,750
Feb 201857161.782.77$1,579
Jan 201862162.874.01$2,490
Dec 201762657.272.92$1,829
Nov 201762055.423.12$1,933
Oct 201764449.292.98$1,921
Sep 201762847.523.09$1,939
Aug 201762145.373.00$1,866
Jul 201766043.873.09$2,038
Jun 201766242.493.09$2,044
May 201768645.373.26$2,239
Apr 201767447.933.21$2,165
Mar 201768246.772.98$2,035
Feb 201759550.452.95$1,757
Jan 201762849.413.42$2,147
Dec 201663748.763.72$2,371
Nov 201662842.492.64$1,661
Oct 201658246.193.09$1,799
Sep 201661341.553.10$1,901
Aug 201663841.442.92$1,866
Jul 201663041.622.92$1,842
Jun 201658145.352.69$1,560
May 201656842.521.99$1,131
Apr 201659736.561.99$1,189
Mar 201662733.011.79$1,125
Feb 201663526.472.06$1,310
Jan 201674127.352.36$1,752
Dec 201577832.362.00$1,557
Nov 201575138.792.17$1,628
Oct 201573843.552.43$1,791
Sep 201570042.992.76$1,931
Aug 201570340.162.87$2,019
Jul 201568748.152.95$2,023
Jun 201568656.152.88$1,978
May 201571555.212.96$2,113
Apr 201571149.822.71$1,924
Mar 201575642.892.93$2,219
Feb 201568544.662.98$2,039
Jan 201575243.433.10$2,332
Dec 201479954.693.59$2,870
Nov 201470470.464.25$2,993
Oct 201465678.303.90$2,559
Sep 201440486.164.05$1,634
Aug 201472589.394.04$2,925
Jul 201469796.564.18$2,913
Jun 201458298.164.74$2,757
May 201463594.734.73$3,001
Apr 201461195.944.81$2,938
Mar 201456795.895.06$2,867
Feb 201471897.406.19$4,446
Jan 201479290.404.86$3,850
Dec 201379991.824.35$3,479
Nov 201377888.853.74$2,908
Oct 201379397.423.78$2,997
Sep 2013766104.113.72$2,848
Aug 2013808104.253.52$2,846
Jul 2013832102.523.72$3,093
Jun 201385894.403.93$3,375
May 201385194.834.15$3,531
Apr 201377593.964.28$3,319
Mar 201382393.623.91$3,220
Feb 201377791.233.42$2,657
Jan 201374791.603.42$2,555
Dec 201267886.773.42$2,319
Nov 201265386.953.62$2,367
Oct 201288989.383.40$3,022
Sep 201294394.672.92$2,752
Aug 201286392.662.91$2,510
Jul 201291685.133.02$2,767
Jun 201281279.822.52$2,045
May 201288091.612.49$2,190
Apr 2012898101.652.00$1,793
Mar 2012974105.052.22$2,164
Feb 2012963101.102.57$2,475
Jan 201222698.092.73$618
Dec 201131896.873.24$1,030
Nov 201130095.723.31$993
Oct 201145484.983.65$1,656
Sep 201162983.623.99$2,507
Aug 201177283.404.15$3,203
Jul 20111,10494.144.52$4,987
Jun 20111,05892.904.64$4,909
May 201196298.134.40$4,237
Apr 2011637105.964.33$2,760
Mar 20111,64896.364.06$6,687
Feb 20111,59685.644.18$6,671
Jan 20112,18086.504.59$10,004
Dec 20102,59385.734.35$11,274
Nov 20103,04780.843.80$11,564
Oct 20103,78078.103.51$13,264
Sep 20104,75072.633.98$18,902
Aug 20106,75873.684.42$29,866
Jul 20105,45272.554.74$25,823

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                  307 Mcf  × $  3.05 =       $935

────────────────────────────────────────────────────
Month total                                     $935

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. 7C/G/258478 is the state's own key, not one this site invented.