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 253861District 09Field 65280200GasSaveExport
Value, all time
$7.5 M
Oct 2009 – May 2026
Value, last 12 filed months
$153 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
GasProduction1,946,768 Mcf$7,492,598
Total$7,492,598

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 20262,610106.413.05$7,950
Apr 20263,95798.932.87$11,355
Mar 20263,88189.753.15$12,223
Feb 20264,33163.503.75$16,243
Jan 20265,39559.138.00$43,149
Dec 20253,60356.664.41$15,901
Nov 20252,61958.593.93$10,283
Oct 20252,43059.383.30$8,031
Sep 20252,41362.743.08$7,425
Aug 20252,26963.933.01$6,840
Jul 20251,92666.743.32$6,385
Jun 20252,23466.483.13$6,990
May 20251,89860.553.23$6,135
Apr 20252,25262.363.54$7,979
Mar 20252,85067.704.27$12,165
Feb 20252,20270.884.34$9,559
Jan 20252,04574.324.28$8,750
Dec 202459268.993.12$1,848
Nov 20242,60469.052.20$5,725
Oct 20243,50871.372.28$8,003
Sep 20243,14269.612.36$7,429
Aug 20243,60075.632.06$7,429
Jul 20242,81279.932.15$6,036
Jun 20243,02678.082.63$7,970
May 20242,98778.812.20$6,567
Apr 20242,86284.451.66$4,749
Mar 20242,49180.301.55$3,849
Feb 20242,39476.091.78$4,270
Jan 20243,03473.023.30$10,005
Dec 20233,44971.262.61$9,004
Nov 20232,91877.892.81$8,192
Oct 20231,05785.443.09$3,263
Sep 20233,33389.042.74$9,116
Aug 20234,05680.522.67$10,841
Jul 20233,82974.852.64$10,115
Jun 20232,78268.962.26$6,283
May 20232,64170.622.23$5,883
Apr 20233,05078.122.24$6,825
Mar 20234,46372.852.39$10,681
Feb 20232,63075.112.47$6,485
Jan 20232,45076.533.39$8,300
Dec 20223,62176.415.73$20,745
Nov 20223,11485.005.65$17,582
Oct 20222,90887.185.86$17,052
Sep 20223,75184.888.16$30,622
Aug 20224,40594.529.13$40,205
Jul 20223,554101.587.54$26,805
Jun 20224,948115.097.98$39,471
May 20224,476109.378.43$37,746
Apr 20224,673104.226.84$31,952
Mar 20223,645108.885.08$18,503
Feb 20224,21491.054.86$20,475
Jan 20224,19681.844.54$19,040
Dec 20214,95071.323.90$19,301
Nov 20214,00577.435.24$20,974
Oct 20215,98379.795.71$34,186
Sep 20215,75269.865.35$30,778
Aug 20215,82166.024.22$24,568
Jul 20215,08370.783.98$20,241
Jun 20214,34469.493.38$14,685
May 20216,20163.483.02$18,713
Apr 20215,35760.362.76$14,777
Mar 20214,49961.302.72$12,224
Feb 20211,12057.805.55$6,214
Jan 20215,36850.412.81$15,086
Dec 20205,18044.642.68$13,859
Nov 20204,42638.772.71$11,979
Oct 20204,55436.972.48$11,287
Sep 20204,79737.091.99$9,551
Aug 20205,78139.982.39$13,788
Jul 20205,61938.371.83$10,255
Jun 20204,00234.901.69$6,765
May 20204,07316.921.81$7,391
Apr 20205,29914.751.80$9,561
Mar 20205,70830.341.86$10,595
Feb 20205,38849.881.98$10,672
Jan 20205,60857.252.09$11,747
Dec 20195,13759.012.30$11,838
Nov 20195,33955.302.75$14,686
Oct 20194,97853.472.42$12,039
Sep 20195,16155.052.66$13,714
Aug 20195,90353.112.30$13,603
Jul 20195,99956.272.46$14,758
Jun 20195,86652.782.49$14,613
May 20196,19358.482.74$16,971
Apr 20195,62562.632.75$15,473
Mar 20197,06456.803.06$21,631
Feb 20196,40850.852.79$17,893
Jan 20196,74646.033.23$21,777
Dec 20185,73646.594.19$24,008
Nov 20183,27452.934.24$13,873
Oct 20182,97661.443.40$10,113
Sep 20184,06359.543.11$12,628
Aug 20184,74059.403.07$14,535
Jul 20183,95365.142.93$11,590
Jun 20184,46660.183.08$13,742
May 20185,45865.382.90$15,833
Apr 20185,12963.842.90$14,878
Mar 20186,20261.222.79$17,284
Feb 20186,07761.782.77$16,810
Jan 20186,60862.874.01$26,494
Dec 20175,93557.272.92$17,339
Nov 201791655.423.12$2,856
Oct 20171,75549.292.98$5,236
Sep 20174,91647.523.09$15,177
Aug 20174,48645.373.00$13,478
Jul 20174,42843.873.09$13,670
Jun 20174,55842.493.09$14,072
May 20175,53845.373.26$18,073
Apr 20171,53247.933.21$4,920
Mar 20175,21146.772.98$15,548
Feb 20174,57550.452.95$13,508
Jan 20174,95149.413.42$16,926
Dec 20165,00648.763.72$18,636
Nov 20165,95342.492.64$15,742
Oct 20166,21346.193.09$19,200
Sep 20165,43641.553.10$16,855
Aug 20161,33441.442.92$3,901
Jul 20166,45941.622.92$18,888
Jun 20167,74545.352.69$20,802
May 20168,56842.521.99$17,059
Apr 20167,82436.561.99$15,578
Mar 20167,12533.011.79$12,782
Feb 20166,86126.472.06$14,159
Jan 20168,62727.352.36$20,397
Dec 20158,35032.362.00$16,712
Nov 20158,67638.792.17$18,804
Oct 20159,58343.552.43$23,254
Sep 20159,47342.992.76$26,131
Aug 20158,96840.162.87$25,760
Jul 20159,54248.152.95$28,102
Jun 20157,91956.152.88$22,829
May 20156,03955.212.96$17,848
Apr 20159,62849.822.71$26,059
Mar 20159,22742.892.93$27,079
Feb 20158,65344.662.98$25,753
Jan 201510,31543.433.10$31,983
Dec 201410,26854.693.59$36,876
Nov 201410,20770.464.25$43,399
Oct 201411,89478.303.90$46,398
Sep 20149,91486.164.05$40,106
Aug 20149,88389.394.04$39,879
Jul 20148,81896.564.18$36,856
Jun 20143,55898.164.74$16,854
May 201414,70094.734.73$69,480
Apr 201413,63295.944.81$65,558
Mar 201414,01895.895.06$70,886
Feb 201410,41597.406.19$64,490
Jan 20142,58990.404.86$12,584
Dec 2013091.824.35$0
Nov 20137,46688.853.74$27,910
Oct 201311,53397.423.78$43,587
Sep 201310,915104.113.72$40,579
Aug 201314,319104.253.52$50,440
Jul 201315,354102.523.72$57,082
Jun 201316,31894.403.93$64,185
May 201317,25394.834.15$71,584
Apr 201316,96793.964.28$72,663
Mar 201318,99793.623.91$74,333
Feb 201318,70491.233.42$63,966
Jan 201321,48891.603.42$73,487
Dec 201219,49886.773.42$66,686
Nov 201216,77186.953.62$60,794
Oct 201219,16889.383.40$65,165
Sep 201214,03294.672.92$40,951
Aug 20127,06692.662.91$20,549
Jul 20128,59485.133.02$25,961
Jun 20128,45179.822.52$21,288
May 20129,37291.612.49$23,321
Apr 201215,015101.652.00$29,982
Mar 201213,936105.052.22$30,967
Feb 201213,998101.102.57$35,978
Jan 201215,49498.092.73$42,362
Dec 201118,15496.873.24$58,814
Nov 201115,92295.723.31$52,722
Oct 201111,30684.983.65$41,250
Sep 201115,10283.623.99$60,194
Aug 20117,28983.404.15$30,244
Jul 201123,76894.144.52$107,366
Jun 201122,70392.904.64$105,339
May 201119,31898.134.40$85,092
Apr 201123,322105.964.33$101,061
Mar 201126,03496.364.06$105,629
Feb 201123,02685.644.18$96,248
Jan 201129,86086.504.59$137,021
Dec 201028,40585.734.35$123,498
Nov 201031,02080.843.80$117,731
Oct 201030,84578.103.51$108,232
Sep 201030,44972.633.98$121,171
Aug 201031,92273.684.42$141,075
Jul 201035,07272.554.74$166,118
Jun 201034,38170.364.91$168,824
May 201040,13671.124.24$169,985
Apr 2010081.694.12$0
Mar 201044,21178.394.39$194,027
Feb 201045,27473.585.44$246,397
Jan 201057,77474.365.96$344,569
Dec 200968,68971.445.48$376,673
Nov 200992,50474.593.75$347,029
Oct 200943,20372.544.11$177,575

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                2,610 Mcf  × $  3.05 =     $7,950

────────────────────────────────────────────────────
Month total                                   $7,950

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/253861 is the state's own key, not one this site invented.