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 253857District 09Field 65280200GasSaveExport
Value, all time
$3.2 M
Oct 2009 – May 2026
Value, last 12 filed months
$55 k
at the published price for each month
Months reported
200
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
GasProduction767,132 Mcf$3,249,027
Total$3,249,027

Every month this lease reported (200)

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

200 months

May 2026555106.413.05$1,690
Apr 202627698.932.87$792
Mar 20261,23189.753.15$3,877
Feb 202655263.503.75$2,070
Jan 202690659.138.00$7,246
Dec 20251,75656.664.41$7,750
Nov 20251,51458.593.93$5,945
Oct 20251,61459.383.30$5,334
Sep 20251,53062.743.08$4,708
Aug 20251,63863.933.01$4,938
Jul 20251,62666.743.32$5,391
Jun 20251,65266.483.13$5,169
May 20251,82960.553.23$5,912
Apr 20251,63262.363.54$5,782
Mar 20252,17367.704.27$9,275
Feb 20251,82670.884.34$7,926
Jan 20251,73874.324.28$7,436
Dec 20242,22768.993.12$6,951
Nov 20241,75069.052.20$3,847
Oct 20241,93971.372.28$4,424
Sep 20242,33969.612.36$5,530
Aug 20242,96175.632.06$6,110
Jul 20243,09879.932.15$6,650
Jun 20242,78278.082.63$7,328
May 20241,85778.812.20$4,083
Apr 20242,50984.451.66$4,163
Mar 20242,53080.301.55$3,909
Feb 20242,33076.091.78$4,156
Jan 20242,68973.023.30$8,867
Dec 20232,45671.262.61$6,412
Nov 20232,06677.892.81$5,800
Oct 20231,33385.443.09$4,115
Sep 20232,71089.042.74$7,412
Aug 20232,79580.522.67$7,471
Jul 20233,05774.852.64$8,076
Jun 20233,05968.962.26$6,909
May 20234,34170.622.23$9,669
Apr 20233,41678.122.24$7,644
Mar 20233,31372.852.39$7,929
Feb 20232,85175.112.47$7,030
Jan 20232,00976.533.39$6,806
Dec 20223,00176.415.73$17,193
Nov 20222,50085.005.65$14,116
Oct 20222,69887.185.86$15,820
Sep 20222,28184.888.16$18,621
Aug 20222,68194.529.13$24,470
Jul 20222,745101.587.54$20,703
Jun 20221,911115.097.98$15,244
May 20222,928109.378.43$24,692
Apr 20222,240104.226.84$15,316
Mar 20222,313108.885.08$11,742
Feb 202271891.054.86$3,489
Jan 2022081.844.54$0
Dec 202161771.323.90$2,406
Nov 202154977.435.24$2,875
Oct 202157279.795.71$3,268
Sep 202164069.865.35$3,425
Aug 202140866.024.22$1,722
Jul 202140470.783.98$1,609
Jun 202125569.493.38$862
May 202135163.483.02$1,059
Apr 20211,31360.362.76$3,622
Mar 202177861.302.72$2,114
Feb 2021057.805.55$0
Jan 202114350.412.81$402
Dec 2020044.642.68$0
Nov 2020038.772.71$0
Oct 20208736.972.48$216
Sep 2020037.091.99$0
Aug 2020039.982.39$0
Jul 2020038.371.83$0
Jun 2020034.901.69$0
May 2020016.921.81$0
Apr 2020014.751.80$0
Mar 2020030.341.86$0
Feb 202017049.881.98$337
Jan 2020057.252.09$0
Dec 2019059.012.30$0
Nov 20198955.302.75$245
Oct 2019553.472.42$12
Sep 2019055.052.66$0
Aug 2019053.112.30$0
Jul 2019056.272.46$0
Jun 2019052.782.49$0
May 2019058.482.74$0
Apr 2019062.632.75$0
Mar 2019056.803.06$0
Feb 201924650.852.79$687
Jan 201947446.033.23$1,530
Dec 201860646.594.19$2,536
Nov 201850352.934.24$2,131
Oct 201823761.443.40$805
Sep 2018059.543.11$0
Aug 201847659.403.07$1,460
Jul 201877365.142.93$2,266
Jun 201850160.183.08$1,542
May 201828965.382.90$838
Apr 2018063.842.90$0
Mar 201846861.222.79$1,304
Feb 2018061.782.77$0
Jan 20185262.874.01$208
Dec 2017057.272.92$0
Nov 2017055.423.12$0
Oct 20175949.292.98$176
Sep 201712347.523.09$380
Aug 20175545.373.00$165
Jul 20178943.873.09$275
Jun 201710742.493.09$330
May 20179045.373.26$294
Apr 20171447.933.21$45
Mar 201710946.772.98$325
Feb 2017050.452.95$0
Jan 2017049.413.42$0
Dec 20163148.763.72$115
Nov 2016042.492.64$0
Oct 2016046.193.09$0
Sep 2016041.553.10$0
Aug 2016041.442.92$0
Jul 2016041.622.92$0
Jun 2016045.352.69$0
May 2016042.521.99$0
Apr 2016036.561.99$0
Mar 2016033.011.79$0
Feb 2016026.472.06$0
Jan 20162,72027.352.36$6,431
Dec 20153,04632.362.00$6,096
Nov 20151,47338.792.17$3,192
Oct 20153,20943.552.43$7,787
Sep 20152,76242.992.76$7,619
Aug 20151,87540.162.87$5,386
Jul 20151,23648.152.95$3,640
Jun 2015056.152.88$0
May 201516155.212.96$476
Apr 20151,26649.822.71$3,427
Mar 20153,79742.892.93$11,143
Feb 20153,07244.662.98$9,143
Jan 20154,65743.433.10$14,440
Dec 20142,48554.693.59$8,925
Nov 20144,61170.464.25$19,605
Oct 20143,68178.303.90$14,359
Sep 20145,33386.164.05$21,574
Aug 20143,49689.394.04$14,107
Jul 20143,06596.564.18$12,810
Jun 20141,74698.164.74$8,271
May 20145,15094.734.73$24,342
Apr 20145,11695.944.81$24,603
Mar 20143,21095.895.06$16,232
Feb 2014097.406.19$0
Jan 2014090.404.86$0
Dec 2013091.824.35$0
Nov 2013088.853.74$0
Oct 2013097.423.78$0
Sep 20133,161104.113.72$11,752
Aug 20133,579104.253.52$12,607
Jul 20131,367102.523.72$5,082
Jun 201386194.403.93$3,387
May 20132,46894.834.15$10,240
Apr 20138,13493.964.28$34,835
Mar 20139,44893.623.91$36,969
Feb 201310,04891.233.42$34,363
Jan 20133,90591.603.42$13,355
Dec 201211,91786.773.42$40,758
Nov 20123,02386.953.62$10,958
Oct 2012089.383.40$0
Sep 2012094.672.92$0
Aug 2012092.662.91$0
Jul 2012085.133.02$0
Jun 20123,10779.822.52$7,827
May 20129,03391.612.49$22,477
Apr 20120101.652.00$0
Mar 20120105.052.22$0
Feb 20120101.102.57$0
Jan 20128,66998.092.73$23,702
Dec 20115,08196.873.24$16,461
Nov 2011095.723.31$0
Oct 2011084.983.65$0
Sep 2011083.623.99$0
Aug 2011083.404.15$0
Jul 20114,85094.144.52$21,909
Jun 20111,82492.904.64$8,463
May 20115,84798.134.40$25,755
Apr 20119,501105.964.33$41,170
Mar 20111,65696.364.06$6,719
Feb 20119,20385.644.18$38,468
Jan 201117,87586.504.59$82,024
Dec 201018,14085.734.35$78,868
Nov 201014,70180.843.80$55,795
Oct 201020,17378.103.51$70,785
Sep 201019,57272.633.98$77,886
Aug 201024,89273.684.42$110,007
Jul 201025,03972.554.74$118,597
Jun 201022,46770.364.91$110,322
May 201029,00071.124.24$122,821
Apr 2010081.694.12$0
Mar 201015,42078.394.39$67,673
Feb 201033,64673.585.44$183,114
Jan 201047,21274.365.96$281,577
Dec 200957,29971.445.48$314,213
Nov 200978,91874.593.75$296,061
Oct 200934,76572.544.11$142,893

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                  555 Mcf  × $  3.05 =     $1,690

────────────────────────────────────────────────────
Month total                                   $1,690

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/253857 is the state's own key, not one this site invented.