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 253984District 09Field 65280200GasSaveExport
Value, all time
$2.5 M
Oct 2009 – May 2026
Value, last 12 filed months
$149
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
GasProduction604,804 Mcf$2,468,357
Total$2,468,357

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 20260106.413.05$0
Apr 20261198.932.87$32
Mar 2026989.753.15$28
Feb 2026163.503.75$4
Jan 2026159.138.00$8
Dec 2025256.664.41$9
Nov 2025658.593.93$24
Oct 2025759.383.30$23
Sep 2025762.743.08$22
Aug 2025063.933.01$0
Jul 2025066.743.32$0
Jun 2025066.483.13$0
May 2025060.553.23$0
Apr 2025062.363.54$0
Mar 2025067.704.27$0
Feb 2025070.884.34$0
Jan 2025074.324.28$0
Dec 2024068.993.12$0
Nov 2024069.052.20$0
Oct 2024071.372.28$0
Sep 2024069.612.36$0
Aug 2024075.632.06$0
Jul 2024079.932.15$0
Jun 2024078.082.63$0
May 2024078.812.20$0
Apr 2024084.451.66$0
Mar 2024080.301.55$0
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 2023089.042.74$0
Aug 2023080.522.67$0
Jul 2023074.852.64$0
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 2023076.533.39$0
Dec 20225376.415.73$304
Nov 202285285.005.65$4,811
Oct 20221,01487.185.86$5,946
Sep 202295084.888.16$7,756
Aug 202298794.529.13$9,009
Jul 2022770101.587.54$5,807
Jun 2022110115.097.98$877
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 202123466.024.22$988
Jul 202150470.783.98$2,007
Jun 202114369.493.38$483
May 202150763.483.02$1,530
Apr 20212160.362.76$58
Mar 2021061.302.72$0
Feb 2021057.805.55$0
Jan 2021050.412.81$0
Dec 2020044.642.68$0
Nov 202062638.772.71$1,694
Oct 202023436.972.48$580
Sep 202069437.091.99$1,382
Aug 20201,30739.982.39$3,117
Jul 20201,05838.371.83$1,931
Jun 202099934.901.69$1,689
May 20201,07916.921.81$1,958
Apr 202080314.751.80$1,449
Mar 202017230.341.86$319
Feb 202021849.881.98$432
Jan 202034057.252.09$712
Dec 201918859.012.30$433
Nov 201970955.302.75$1,950
Oct 201971253.472.42$1,722
Sep 201961055.052.66$1,621
Aug 201956553.112.30$1,302
Jul 201964356.272.46$1,582
Jun 201954452.782.49$1,355
May 201997858.482.74$2,680
Apr 201951662.632.75$1,419
Mar 201984556.803.06$2,587
Feb 201937550.852.79$1,047
Jan 201935446.033.23$1,143
Dec 201876346.594.19$3,193
Nov 20181,31952.934.24$5,589
Oct 20181,42361.443.40$4,835
Sep 20181,41659.543.11$4,401
Aug 20181,49259.403.07$4,575
Jul 20181,52765.142.93$4,477
Jun 20181,50260.183.08$4,622
May 20181,60865.382.90$4,664
Apr 20181,73863.842.90$5,042
Mar 20181,89561.222.79$5,281
Feb 20181,64361.782.77$4,545
Jan 20181,89362.874.01$7,590
Dec 20171,89057.272.92$5,522
Nov 20171,84855.423.12$5,763
Oct 20171,94749.292.98$5,809
Sep 20171,93247.523.09$5,965
Aug 20172,00445.373.00$6,021
Jul 20171,97543.873.09$6,097
Jun 20171,93342.493.09$5,968
May 20172,01945.373.26$6,589
Apr 20171,86447.933.21$5,986
Mar 201781846.772.98$2,441
Feb 20171,91650.452.95$5,657
Jan 20172,18249.413.42$7,460
Dec 20162,50548.763.72$9,326
Nov 20162,46742.492.64$6,524
Oct 20162,59746.193.09$8,025
Sep 20162,48341.553.10$7,699
Aug 20162,47341.442.92$7,232
Jul 20162,40941.622.92$7,045
Jun 20162,05645.352.69$5,522
May 20162,10942.521.99$4,199
Apr 20162,06836.561.99$4,117
Mar 20162,13433.011.79$3,828
Feb 20161,98126.472.06$4,088
Jan 20162,15927.352.36$5,105
Dec 20152,28732.362.00$4,577
Nov 20152,24238.792.17$4,859
Oct 20152,06643.552.43$5,013
Sep 20152,05142.992.76$5,658
Aug 20152,09640.162.87$6,021
Jul 20151,98048.152.95$5,831
Jun 201588856.152.88$2,560
May 20152,29555.212.96$6,783
Apr 20152,64649.822.71$7,162
Mar 20152,61042.892.93$7,660
Feb 20152,31144.662.98$6,878
Jan 20152,90343.433.10$9,001
Dec 20143,02954.693.59$10,878
Nov 20142,96670.464.25$12,611
Oct 20142,80178.303.90$10,927
Sep 20142,53586.164.05$10,255
Aug 20142,32489.394.04$9,378
Jul 20141,48196.564.18$6,190
Jun 20143,23598.164.74$15,324
May 20143,65294.734.73$17,261
Apr 20143,73995.944.81$17,981
Mar 20144,19595.895.06$21,213
Feb 20143,83697.406.19$23,753
Jan 20143,65390.404.86$17,756
Dec 20134,36091.824.35$18,986
Nov 20134,36688.853.74$16,321
Oct 20134,54197.423.78$17,162
Sep 20134,786104.113.72$17,793
Aug 20134,681104.253.52$16,489
Jul 20134,936102.523.72$18,351
Jun 20135,11894.403.93$20,131
May 20135,52094.834.15$22,903
Apr 20135,58893.964.28$23,931
Mar 20135,96093.623.91$23,321
Feb 20134,80091.233.42$16,416
Jan 20135,98991.603.42$20,482
Dec 20121,15586.773.42$3,950
Nov 20122,12286.953.62$7,692
Oct 20124,73289.383.40$16,087
Sep 20125,53694.672.92$16,156
Aug 20125,71292.662.91$16,611
Jul 20124,99285.133.02$15,080
Jun 20124,69679.822.52$11,829
May 20124,92991.612.49$12,265
Apr 20124,868101.652.00$9,720
Mar 20125,327105.052.22$11,837
Feb 20124,887101.102.57$12,561
Jan 20124,39598.092.73$12,016
Dec 20116,09196.873.24$19,733
Nov 20116,47495.723.31$21,437
Oct 20117,56584.983.65$27,601
Sep 20117,75283.623.99$30,898
Aug 20116,98083.404.15$28,962
Jul 20114,73194.144.52$21,371
Jun 20116,52192.904.64$30,257
May 20117,28198.134.40$32,071
Apr 20116,661105.964.33$28,864
Mar 20115,41296.364.06$21,958
Feb 20118,55585.644.18$35,760
Jan 201110,31886.504.59$47,347
Dec 201010,67985.734.35$46,430
Nov 201011,74480.843.80$44,572
Oct 201013,09578.103.51$45,949
Sep 201014,76172.633.98$58,741
Aug 201015,10473.684.42$66,750
Jul 201017,55472.554.74$83,144
Jun 201020,27470.364.91$99,553
May 201021,78271.124.24$92,252
Apr 2010081.694.12$0
Mar 20108,29278.394.39$36,391
Feb 201025,12073.585.44$136,712
Jan 201032,85074.365.96$195,920
Dec 200947,57971.445.48$260,911
Nov 200915,06674.593.75$56,520
Oct 2009072.544.11$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.

Apr 2026 — as filed, then multipliedworked
Gas                   11 Mcf  × $  2.87 =        $32

────────────────────────────────────────────────────
Month total                                      $32

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/253984 is the state's own key, not one this site invented.