WATKINS

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 224761District 09Field 65280200GasSaveExport
Value, all time
$8.2 M
Aug 2006 – May 2026
Value, last 12 filed months
$111 k
at the published price for each month
Months reported
238
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
GasProduction1,585,760 Mcf$8,172,430
Total$8,172,430

Every month this lease reported (238)

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

238 months

May 20262,616106.413.05$7,968
Apr 20262,45498.932.87$7,042
Mar 20262,47189.753.15$7,782
Feb 20262,21463.503.75$8,303
Jan 20262,49059.138.00$19,915
Dec 20252,47056.664.41$10,901
Nov 20252,42558.593.93$9,522
Oct 20252,56059.383.30$8,460
Sep 20252,47162.743.08$7,603
Aug 20252,49663.933.01$7,525
Jul 20252,47966.743.32$8,218
Jun 20252,38566.483.13$7,462
May 20252,43260.553.23$7,861
Apr 20252,31062.363.54$8,185
Mar 20252,54667.704.27$10,867
Feb 20252,34370.884.34$10,171
Jan 20252,59074.324.28$11,082
Dec 20242,59868.993.12$8,109
Nov 20242,55469.052.20$5,615
Oct 20242,65271.372.28$6,050
Sep 20242,57769.612.36$6,093
Aug 20242,67175.632.06$5,512
Jul 20242,69479.932.15$5,783
Jun 20242,58178.082.63$6,798
May 20242,80178.812.20$6,158
Apr 20242,65284.451.66$4,400
Mar 20242,56280.301.55$3,959
Feb 20242,42976.091.78$4,332
Jan 20242,70273.023.30$8,910
Dec 20232,87671.262.61$7,508
Nov 20232,59677.892.81$7,288
Oct 20232,63385.443.09$8,129
Sep 20232,62489.042.74$7,177
Aug 20232,71780.522.67$7,262
Jul 20232,70974.852.64$7,157
Jun 20232,62768.962.26$5,933
May 20232,63670.622.23$5,871
Apr 20232,66578.122.24$5,964
Mar 20232,78672.852.39$6,667
Feb 20232,51075.112.47$6,189
Jan 20232,78376.533.39$9,428
Dec 20222,70976.415.73$15,520
Nov 20222,66385.005.65$15,036
Oct 20222,80787.185.86$16,460
Sep 20222,70484.888.16$22,075
Aug 20222,79994.529.13$25,547
Jul 20222,798101.587.54$21,103
Jun 20222,735115.097.98$21,818
May 20222,884109.378.43$24,321
Apr 20222,822104.226.84$19,296
Mar 20222,863108.885.08$14,534
Feb 20222,61391.054.86$12,696
Jan 20222,89081.844.54$13,114
Dec 20212,93371.323.90$11,436
Nov 20212,88777.435.24$15,119
Oct 20213,00279.795.71$17,153
Sep 20212,92469.865.35$15,646
Aug 20213,04366.024.22$12,843
Jul 20213,16070.783.98$12,583
Jun 20213,05669.493.38$10,331
May 20213,14363.483.02$9,485
Apr 20213,04060.362.76$8,386
Mar 20213,25361.302.72$8,838
Feb 20212,41957.805.55$13,420
Jan 20212,95450.412.81$8,302
Dec 20203,12544.642.68$8,361
Nov 20202,98238.772.71$8,071
Oct 20203,08836.972.48$7,653
Sep 20203,01337.091.99$5,999
Aug 20203,08939.982.39$7,368
Jul 20203,08438.371.83$5,629
Jun 20202,99434.901.69$5,061
May 20203,10316.921.81$5,631
Apr 20203,00814.751.80$5,428
Mar 20203,04530.341.86$5,652
Feb 20202,86949.881.98$5,683
Jan 20203,14757.252.09$6,592
Dec 20193,09359.012.30$7,127
Nov 20193,03055.302.75$8,335
Oct 20193,18053.472.42$7,691
Sep 20193,08855.052.66$8,206
Aug 20193,23253.112.30$7,448
Jul 20193,24056.272.46$7,971
Jun 20193,19652.782.49$7,962
May 20193,34958.482.74$9,177
Apr 20193,25062.632.75$8,940
Mar 20193,39656.803.06$10,399
Feb 20193,05450.852.79$8,527
Jan 20193,38746.033.23$10,934
Dec 20183,35046.594.19$14,021
Nov 20183,32252.934.24$14,076
Oct 20183,46361.443.40$11,768
Sep 20183,37159.543.11$10,477
Aug 20183,51459.403.07$10,776
Jul 20183,53665.142.93$10,367
Jun 20183,44560.183.08$10,600
May 20183,60165.382.90$10,446
Apr 20183,54863.842.90$10,292
Mar 20183,91561.222.79$10,910
Feb 20182,94061.782.77$8,132
Jan 20183,04062.874.01$12,188
Dec 20173,17457.272.92$9,273
Nov 20173,40055.423.12$10,602
Oct 20173,31349.292.98$9,885
Sep 20173,11547.523.09$9,617
Aug 20173,29745.373.00$9,906
Jul 20173,38743.873.09$10,457
Jun 20173,35742.493.09$10,364
May 20173,46845.373.26$11,317
Apr 20173,39747.933.21$10,910
Mar 20173,51446.772.98$10,485
Feb 20173,17150.452.95$9,363
Jan 20173,54749.413.42$12,126
Dec 20163,59548.763.72$13,384
Nov 20163,52042.492.64$9,308
Oct 20163,62146.193.09$11,190
Sep 20163,51641.553.10$10,902
Aug 20163,61941.442.92$10,583
Jul 20163,59241.622.92$10,504
Jun 20163,51545.352.69$9,441
May 20163,63242.521.99$7,231
Apr 20163,53436.561.99$7,036
Mar 20163,72733.011.79$6,686
Feb 20163,38126.472.06$6,977
Jan 20163,73827.352.36$8,838
Dec 20154,08932.362.00$8,184
Nov 20153,94538.792.17$8,550
Oct 20154,09343.552.43$9,932
Sep 20154,07442.992.76$11,238
Aug 20154,36740.162.87$12,544
Jul 20154,41448.152.95$13,000
Jun 20154,31656.152.88$12,442
May 20154,34955.212.96$12,853
Apr 20154,33049.822.71$11,719
Mar 20154,51442.892.93$13,247
Feb 20154,04344.662.98$12,033
Jan 20154,93043.433.10$15,286
Dec 20144,64354.693.59$16,675
Nov 20144,53570.464.25$19,282
Oct 20144,75678.303.90$18,553
Sep 20144,67186.164.05$18,896
Aug 20144,55489.394.04$18,376
Jul 20144,51896.564.18$18,883
Jun 20144,80598.164.74$22,761
May 20144,84494.734.73$22,895
Apr 20144,51295.944.81$21,699
Mar 20144,77395.895.06$24,136
Feb 20144,60897.406.19$28,533
Jan 20145,19690.404.86$25,256
Dec 20135,31391.824.35$23,135
Nov 20135,61588.853.74$20,990
Oct 20135,23397.423.78$19,777
Sep 20135,218104.113.72$19,399
Aug 20135,325104.253.52$18,758
Jul 20135,158102.523.72$19,176
Jun 20135,16894.403.93$20,328
May 20135,33394.834.15$22,127
Apr 20135,34993.964.28$22,908
Mar 20135,66993.623.91$22,182
Feb 20135,18391.233.42$17,725
Jan 20135,85491.603.42$20,020
Dec 20125,94986.773.42$20,347
Nov 20125,98986.953.62$21,710
Oct 20126,05289.383.40$20,575
Sep 20126,35894.672.92$18,555
Aug 20127,02692.662.91$20,433
Jul 20127,26585.133.02$21,946
Jun 20127,50879.822.52$18,913
May 20128,36791.612.49$20,820
Apr 20128,911101.652.00$17,793
Mar 20129,326105.052.22$20,723
Feb 20125,944101.102.57$15,278
Jan 20125,24598.092.73$14,340
Dec 20114,82696.873.24$15,635
Nov 20115,44995.723.31$18,043
Oct 20115,63484.983.65$20,556
Sep 20115,31783.623.99$21,193
Aug 20115,74383.404.15$23,830
Jul 20115,76394.144.52$26,033
Jun 20115,65392.904.64$26,229
May 20115,88898.134.40$25,936
Apr 20115,760105.964.33$24,960
Mar 20116,02596.364.06$24,445
Feb 20115,33085.644.18$22,279
Jan 20116,19186.504.59$28,409
Dec 20106,56385.734.35$28,534
Nov 20106,46880.843.80$24,548
Oct 20106,81178.103.51$23,899
Sep 20106,64472.633.98$26,440
Aug 20106,95073.684.42$30,715
Jul 20106,97872.554.74$33,051
Jun 20107,01470.364.91$34,442
May 20107,33571.124.24$31,065
Apr 2010081.694.12$0
Mar 20107,70578.394.39$33,815
Feb 20106,99473.585.44$38,064
Jan 20107,81274.365.96$46,591
Dec 20097,54871.445.48$41,391
Nov 20097,35574.593.75$27,592
Oct 20098,87972.544.11$36,495
Sep 20098,67165.543.06$26,574
Aug 20099,13067.423.22$29,385
Jul 20099,39561.133.46$32,549
Jun 20099,23166.163.90$35,955
May 20099,77054.743.93$38,355
Apr 20099,78646.773.59$35,107
Mar 200910,55542.144.06$42,843
Feb 20099,36232.814.63$43,374
Jan 200911,19235.865.37$60,112
Dec 200810,76337.105.98$64,332
Nov 200811,74155.496.86$80,547
Oct 200812,86075.246.92$89,017
Sep 200811,225101.767.88$88,420
Aug 200813,756114.228.48$116,692
Jul 200815,711131.0811.39$178,939
Jun 20086,219131.3313.03$81,050
May 20080123.1711.57$0
Apr 20080110.3110.45$0
Mar 20080101.909.66$0
Feb 20088,41092.538.77$73,761
Jan 200822,04690.388.21$180,904
Dec 200723,17088.337.30$169,187
Nov 200723,85391.677.29$173,929
Oct 200724,89282.856.92$172,302
Sep 200725,09375.846.24$156,685
Aug 200726,83669.066.39$171,427
Jul 200729,04670.906.39$185,544
Jun 200729,02062.007.55$219,056
May 200730,67858.747.85$240,708
Apr 200731,37059.617.81$244,849
Mar 200734,48456.927.30$251,801
Feb 200733,40955.108.22$274,488
Jan 200740,19150.306.73$270,359
Dec 200644,54256.656.92$308,161
Nov 200647,39054.207.62$360,992
Oct 200655,86754.906.01$335,973
Sep 200662,08160.085.04$312,714
Aug 200625,43868.717.34$186,713

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                2,616 Mcf  × $  3.05 =     $7,968

────────────────────────────────────────────────────
Month total                                   $7,968

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/224761 is the state's own key, not one this site invented.