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 244097District 09Field 65280200GasSaveExport
Value, all time
$15.1 M
Jun 2008 – May 2026
Value, last 12 filed months
$442 k
at the published price for each month
Months reported
216
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
GasProduction3,568,184 Mcf$15,128,658
Total$15,128,658

Every month this lease reported (216)

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

216 months

May 202610,088106.413.05$30,726
Apr 20269,79798.932.87$28,115
Mar 202610,15889.753.15$31,992
Feb 20269,36963.503.75$35,137
Jan 202610,12059.138.00$80,939
Dec 20259,85356.664.41$43,485
Nov 20259,59658.593.93$37,678
Oct 20259,88459.383.30$32,665
Sep 20259,72862.743.08$29,932
Aug 20259,54463.933.01$28,773
Jul 202510,19966.743.32$33,812
Jun 20259,16566.483.13$28,675
May 20259,69360.553.23$31,331
Apr 20259,36762.363.54$33,188
Mar 20259,65367.704.27$41,202
Feb 20258,55570.884.34$37,136
Jan 202510,26374.324.28$43,912
Dec 20249,70668.993.12$30,296
Nov 20249,82769.052.20$21,604
Oct 202410,18371.372.28$23,232
Sep 20249,83369.612.36$23,249
Aug 202410,28175.632.06$21,216
Jul 202410,37479.932.15$22,269
Jun 202410,06278.082.63$26,503
May 202410,12478.812.20$22,257
Apr 202410,02184.451.66$16,627
Mar 20249,90180.301.55$15,298
Feb 20249,58576.091.78$17,096
Jan 20249,19673.023.30$30,325
Dec 202310,50971.262.61$27,436
Nov 202310,28477.892.81$28,873
Oct 202311,26785.443.09$34,784
Sep 202310,15589.042.74$27,774
Aug 202311,01380.522.67$29,436
Jul 202310,46574.852.64$27,646
Jun 202310,13468.962.26$22,887
May 202310,57370.622.23$23,550
Apr 202310,14878.122.24$22,709
Mar 202310,52772.852.39$25,193
Feb 20238,96075.112.47$22,092
Jan 202310,65876.533.39$36,106
Dec 20229,91276.415.73$56,787
Nov 202210,30785.005.65$58,195
Oct 202210,67987.185.86$62,619
Sep 202210,44384.888.16$85,253
Aug 202210,84494.529.13$98,975
Jul 202210,538101.587.54$79,478
Jun 202210,170115.097.98$81,128
May 202210,571109.378.43$89,146
Apr 202210,299104.226.84$70,420
Mar 202210,319108.885.08$52,383
Feb 20224,56491.054.86$22,176
Jan 202210,82481.844.54$49,116
Dec 202110,82271.323.90$42,196
Nov 202110,52377.435.24$55,107
Oct 202110,96879.795.71$62,670
Sep 202110,67069.865.35$57,094
Aug 202111,10666.024.22$46,874
Jul 202111,63470.783.98$46,328
Jun 202111,12369.493.38$37,603
May 202110,98163.483.02$33,137
Apr 202110,79160.362.76$29,766
Mar 202111,58161.302.72$31,465
Feb 20218,88757.805.55$49,305
Jan 202111,08650.412.81$31,155
Dec 202011,06444.642.68$29,601
Nov 202010,42238.772.71$28,208
Oct 202011,01836.972.48$27,307
Sep 202010,98137.091.99$21,864
Aug 202011,41539.982.39$27,226
Jul 202011,38938.371.83$20,786
Jun 202011,22534.901.69$18,974
May 202011,19716.921.81$20,320
Apr 202011,03214.751.80$19,906
Mar 202011,48230.341.86$21,313
Feb 202010,85049.881.98$21,490
Jan 202011,62557.252.09$24,351
Dec 201912,10759.012.30$27,899
Nov 201910,52855.302.75$28,959
Oct 201911,64253.472.42$28,157
Sep 201911,36555.052.66$30,200
Aug 201911,74553.112.30$27,065
Jul 201911,73756.272.46$28,874
Jun 201911,50352.782.49$28,656
May 201912,00858.482.74$32,906
Apr 201911,74962.632.75$32,318
Mar 201912,31556.803.06$37,710
Feb 201911,13950.852.79$31,103
Jan 201912,13746.033.23$39,180
Dec 201813,06446.594.19$54,679
Nov 201813,40352.934.24$56,792
Oct 201812,59261.443.40$42,789
Sep 201812,46959.543.11$38,754
Aug 201812,85759.403.07$39,427
Jul 201812,77165.142.93$37,443
Jun 201812,49660.183.08$38,449
May 201813,04565.382.90$37,841
Apr 201812,44063.842.90$36,086
Mar 201813,11461.222.79$36,547
Feb 201811,89461.782.77$32,900
Jan 201813,51162.874.01$54,170
Dec 201713,14957.272.92$38,415
Nov 201711,79455.423.12$36,778
Oct 201712,07549.292.98$36,028
Sep 201712,76847.523.09$39,418
Aug 201712,94045.373.00$38,877
Jul 201713,05543.873.09$40,304
Jun 201712,64842.493.09$39,048
May 201713,27145.373.26$43,309
Apr 201713,40947.933.21$43,064
Mar 201713,41346.772.98$40,020
Feb 201711,77550.452.95$34,767
Jan 201713,96049.413.42$47,726
Dec 201613,42148.763.72$49,964
Nov 201612,16042.492.64$32,155
Oct 201612,82346.193.09$39,626
Sep 201612,56141.553.10$38,947
Aug 201612,46541.442.92$36,452
Jul 201612,58441.622.92$36,800
Jun 201611,96245.352.69$32,128
May 201612,73142.521.99$25,348
Apr 201612,68536.561.99$25,256
Mar 201613,58533.011.79$24,372
Feb 201612,78826.472.06$26,390
Jan 201613,40027.352.36$31,682
Dec 201514,03732.362.00$28,094
Nov 201514,25738.792.17$30,900
Oct 201514,13543.552.43$34,300
Sep 201513,87642.992.76$38,276
Aug 201513,41740.162.87$38,540
Jul 201513,17948.152.95$38,813
Jun 201513,17156.152.88$37,970
May 201513,64055.212.96$40,312
Apr 201513,33349.822.71$36,087
Mar 201515,21542.892.93$44,652
Feb 201514,24544.662.98$42,396
Jan 201514,88343.433.10$46,147
Dec 201415,00554.693.59$53,888
Nov 201414,38370.464.25$61,154
Oct 201415,12478.303.90$58,998
Sep 201414,96286.164.05$60,528
Aug 201416,60089.394.04$66,983
Jul 201415,80696.564.18$66,063
Jun 201414,09298.164.74$66,752
May 201416,29094.734.73$76,996
Apr 201414,66995.944.81$70,545
Mar 201415,18595.895.06$76,788
Feb 201414,99397.406.19$92,837
Jan 201415,42690.404.86$74,981
Dec 201316,07991.824.35$70,016
Nov 201315,71688.853.74$58,751
Oct 201316,81297.423.78$63,539
Sep 201318,001104.113.72$66,923
Aug 201318,383104.253.52$64,756
Jul 201318,758102.523.72$69,737
Jun 201318,22894.403.93$71,698
May 201318,57294.834.15$77,057
Apr 201318,46593.964.28$79,078
Mar 201319,29093.623.91$75,479
Feb 201317,79991.233.42$60,871
Jan 201320,79591.603.42$71,117
Dec 201219,84686.773.42$67,877
Nov 201220,30986.953.62$73,619
Oct 201220,85589.383.40$70,900
Sep 201220,67794.672.92$60,344
Aug 201220,64092.662.91$60,024
Jul 201221,94785.133.02$66,298
Jun 201222,13679.822.52$55,761
May 201223,94391.612.49$59,578
Apr 201223,199101.652.00$46,324
Mar 201223,262105.052.22$51,690
Feb 201220,084101.102.57$51,621
Jan 201217,52798.092.73$47,920
Dec 20117,60796.873.24$24,645
Nov 201117,62995.723.31$58,375
Oct 201117,77584.983.65$64,853
Sep 201116,64683.623.99$66,348
Aug 201118,06083.404.15$74,937
Jul 201118,19094.144.52$82,169
Jun 201117,86092.904.64$82,868
May 201118,35598.134.40$80,850
Apr 201119,447105.964.33$84,269
Mar 201120,54596.364.06$83,358
Feb 201117,46285.644.18$72,991
Jan 201118,39486.504.59$84,406
Dec 201018,76985.734.35$81,603
Nov 201018,24880.843.80$69,257
Oct 201021,37578.103.51$75,003
Sep 201021,63372.633.98$86,088
Aug 201022,94473.684.42$101,398
Jul 201024,64272.554.74$116,717
Jun 201023,78670.364.91$116,799
May 201026,12271.124.24$110,632
Apr 2010081.694.12$0
Mar 201027,40278.394.39$120,258
Feb 201025,46673.585.44$138,595
Jan 201027,74674.365.96$165,480
Dec 200928,87771.445.48$158,354
Nov 200929,16674.593.75$109,416
Oct 200931,20972.544.11$128,277
Sep 200930,99365.543.06$94,986
Aug 200933,91667.423.22$109,159
Jul 200935,76361.133.46$123,901
Jun 200936,82266.163.90$143,422
May 200939,63854.743.93$155,609
Apr 200940,24146.773.59$144,365
Mar 200942,73642.144.06$173,465
Feb 200943,10632.814.63$199,710
Jan 200948,44435.865.37$260,193
Dec 200852,30537.105.98$312,634
Nov 200855,21255.496.86$378,774
Oct 200862,35075.246.92$431,585
Sep 200866,720101.767.88$525,559
Aug 200879,649114.228.48$675,664
Jul 200894,559131.0811.39$1,076,973
Jun 200835,916131.3313.03$468,080

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               10,088 Mcf  × $  3.05 =    $30,726

────────────────────────────────────────────────────
Month total                                  $30,726

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/244097 is the state's own key, not one this site invented.