WALKING T RANCH

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 253063District 09Field 65280200GasSaveExport
Value, all time
$2.6 M
Jan 2009 – May 2026
Value, last 12 filed months
$201
at the published price for each month
Months reported
209
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
GasProduction605,668 Mcf$2,632,399
Total$2,632,399

Every month this lease reported (209)

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

209 months

May 20260106.413.05$0
Apr 2026098.932.87$0
Mar 2026089.753.15$0
Feb 2026063.503.75$0
Jan 2026059.138.00$0
Dec 2025056.664.41$0
Nov 2025058.593.93$0
Oct 2025059.383.30$0
Sep 2025062.743.08$0
Aug 2025063.933.01$0
Jul 20253866.743.32$126
Jun 20252466.483.13$75
May 2025660.553.23$19
Apr 20257662.363.54$269
Mar 202541067.704.27$1,750
Feb 202523770.884.34$1,029
Jan 202511174.324.28$475
Dec 202411768.993.12$365
Nov 202412969.052.20$284
Oct 202410671.372.28$242
Sep 202416869.612.36$397
Aug 202422575.632.06$464
Jul 202420779.932.15$444
Jun 202413678.082.63$358
May 202429378.812.20$644
Apr 202416584.451.66$274
Mar 20246980.301.55$107
Feb 2024076.091.78$0
Jan 2024073.023.30$0
Dec 2023071.262.61$0
Nov 2023077.892.81$0
Oct 2023085.443.09$0
Sep 20232789.042.74$74
Aug 20236480.522.67$171
Jul 20237274.852.64$190
Jun 2023068.962.26$0
May 2023070.622.23$0
Apr 2023078.122.24$0
Mar 2023072.852.39$0
Feb 2023075.112.47$0
Jan 20237276.533.39$244
Dec 20226576.415.73$372
Nov 202213285.005.65$745
Oct 20223787.185.86$217
Sep 2022084.888.16$0
Aug 2022094.529.13$0
Jul 20220101.587.54$0
Jun 20220115.097.98$0
May 20220109.378.43$0
Apr 20220104.226.84$0
Mar 20220108.885.08$0
Feb 2022091.054.86$0
Jan 2022081.844.54$0
Dec 2021071.323.90$0
Nov 2021077.435.24$0
Oct 2021079.795.71$0
Sep 2021069.865.35$0
Aug 2021066.024.22$0
Jul 2021070.783.98$0
Jun 2021069.493.38$0
May 2021063.483.02$0
Apr 2021060.362.76$0
Mar 2021061.302.72$0
Feb 2021057.805.55$0
Jan 2021050.412.81$0
Dec 2020044.642.68$0
Nov 2020038.772.71$0
Oct 2020036.972.48$0
Sep 2020037.091.99$0
Aug 2020139.982.39$2
Jul 2020038.371.83$0
Jun 2020034.901.69$0
May 20206316.921.81$114
Apr 2020014.751.80$0
Mar 2020030.341.86$0
Feb 2020049.881.98$0
Jan 2020057.252.09$0
Dec 2019059.012.30$0
Nov 20191555.302.75$41
Oct 2019053.472.42$0
Sep 201921455.052.66$569
Aug 20199953.112.30$228
Jul 20193356.272.46$81
Jun 201918952.782.49$471
May 20195058.482.74$137
Apr 2019062.632.75$0
Mar 20196656.803.06$202
Feb 2019450.852.79$11
Jan 2019046.033.23$0
Dec 2018046.594.19$0
Nov 2018052.934.24$0
Oct 2018061.443.40$0
Sep 2018059.543.11$0
Aug 2018059.403.07$0
Jul 2018665.142.93$18
Jun 2018060.183.08$0
May 2018065.382.90$0
Apr 2018063.842.90$0
Mar 2018061.222.79$0
Feb 2018061.782.77$0
Jan 2018062.874.01$0
Dec 2017057.272.92$0
Nov 2017055.423.12$0
Oct 201717849.292.98$531
Sep 20174447.523.09$136
Aug 201746445.373.00$1,394
Jul 201751543.873.09$1,590
Jun 201750642.493.09$1,562
May 201761045.373.26$1,991
Apr 201759147.933.21$1,898
Mar 201761446.772.98$1,832
Feb 201741950.452.95$1,237
Jan 201753549.413.42$1,829
Dec 201658648.763.72$2,182
Nov 201648542.492.64$1,283
Oct 201629246.193.09$902
Sep 2016041.553.10$0
Aug 2016041.442.92$0
Jul 20162141.622.92$61
Jun 20165245.352.69$140
May 20166642.521.99$131
Apr 201612236.561.99$243
Mar 2016033.011.79$0
Feb 2016026.472.06$0
Jan 20162627.352.36$61
Dec 20157532.362.00$150
Nov 201513738.792.17$297
Oct 201532543.552.43$789
Sep 201510442.992.76$287
Aug 201535340.162.87$1,014
Jul 201531548.152.95$928
Jun 2015056.152.88$0
May 2015055.212.96$0
Apr 201527649.822.71$747
Mar 201592942.892.93$2,726
Feb 201591844.662.98$2,732
Jan 201567343.433.10$2,087
Dec 201414054.693.59$503
Nov 201458770.464.25$2,496
Oct 201485478.303.90$3,331
Sep 20141,20286.164.05$4,863
Aug 20141,04689.394.04$4,221
Jul 201448796.564.18$2,035
Jun 201416398.164.74$772
May 20143,72894.734.73$17,621
Apr 20145,64095.944.81$27,123
Mar 20145,70895.895.06$28,864
Feb 201416397.406.19$1,009
Jan 2014090.404.86$0
Dec 201321291.824.35$923
Nov 20134,89988.853.74$18,314
Oct 20135,95897.423.78$22,517
Sep 20136,788104.113.72$25,236
Aug 20137,310104.253.52$25,750
Jul 20137,907102.523.72$29,396
Jun 20135,00594.403.93$19,687
May 20138,70494.834.15$36,114
Apr 20137,43593.964.28$31,841
Mar 201311,82893.623.91$46,281
Feb 201310,07091.233.42$34,438
Jan 20139,54091.603.42$32,626
Dec 20128,84986.773.42$30,265
Nov 201210,48786.953.62$38,015
Oct 20125,22289.383.40$17,753
Sep 20121,39494.672.92$4,068
Aug 201219492.662.91$564
Jul 2012085.133.02$0
Jun 2012079.822.52$0
May 2012091.612.49$0
Apr 20120101.652.00$0
Mar 20120105.052.22$0
Feb 2012595101.102.57$1,529
Jan 20129,22598.092.73$25,222
Dec 20112,44596.873.24$7,921
Nov 20116,03295.723.31$19,974
Oct 201121884.983.65$795
Sep 20111,59483.623.99$6,353
Aug 20111,97083.404.15$8,174
Jul 20115,69494.144.52$25,721
Jun 20117,05192.904.64$32,716
May 20119,20698.134.40$40,551
Apr 20113,627105.964.33$15,717
Mar 20119,28596.364.06$37,672
Feb 201116,00885.644.18$66,913
Jan 201120,05486.504.59$92,023
Dec 201012,80085.734.35$55,651
Nov 201013,29380.843.80$50,451
Oct 20107,50078.103.51$26,317
Sep 20105,74472.633.98$22,858
Aug 20109,82373.684.42$43,411
Jul 201020,63872.554.74$97,752
Jun 201027,16270.364.91$133,376
May 201020,48871.124.24$86,771
Apr 2010081.694.12$0
Mar 201043,23278.394.39$189,731
Feb 201011,80273.585.44$64,231
Jan 201036,20874.365.96$215,948
Dec 200970,09371.445.48$384,372
Nov 200988,40474.593.75$331,648
Oct 2009072.544.11$0
Sep 2009065.543.06$0
Aug 2009067.423.22$0
Jul 2009061.133.46$0
Jun 2009066.163.90$0
May 2009054.743.93$0
Apr 2009046.773.59$0
Mar 2009042.144.06$0
Feb 2009032.814.63$0
Jan 2009035.865.37$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.

Jul 2025 — as filed, then multipliedworked
Gas                   38 Mcf  × $  3.32 =       $126

────────────────────────────────────────────────────
Month total                                     $126

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/253063 is the state's own key, not one this site invented.