WATTS, MAGGIE

Operated by BKV BARNETT, LLC (P-5 72504) 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 255737District 09Field 652802002 tax incentive programmesCondensateGasSaveExport
Value, all time
$5.8 M
Dec 2009 – May 2026
Value, last 12 filed months
$167 k
at the published price for each month
Months reported
198
no gaps in the span
Streams
2
condensate, 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

Severance-tax incentive filings

Applications the operator filed to have this lease's gas taxed at a reduced state rate. A filing is an application, and this page never calls one a reduction that was granted.

ProgrammeFilingsWith an approval dateDatedDocket
High Cost Gas112010-10-15199962
NGPA1none

This says nothing about a royalty. A severance tax is charged to the operator. Whether a reduced rate reaches a royalty owner depends on the wording of the lease instrument, which is a private contract this site does not hold.

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
CondensateDisposition7,530 bbl$568,381
GasProduction1,508,163 Mcf$5,190,472
Total$5,758,854

Wells on this lease (1)

Every wellbore the Railroad Commission records against this lease key, with the depth, the last completion and the plug date exactly as filed. A well with no plug date is not stated to be producing — the state files no such flag.

These wells centre on 33.2794, -97.6567. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

33.27937, -97.65666 · centre of the wells drawn, derived

What these wells add up to

Every figure below is counted over all of this lease's wells, not over the rows listed above. The Railroad Commission files two facts about a well's state — a plug date and a proration-schedule flag — and a well can carry both, so they are published as separate counts and never merged into a status.

On the schedule
0.0%
0 of 1 wells
With a plug date
0.0%
0 of 1 wells
Median depth
7,216 ft
1 wells filed one
Completion to plug
no well filed both dates

What the state filed about each well

On the RRC proration schedule
00.0%
A plug date is filed
00.0%
BothOn the schedule and plugged. Neither fact cancels the other.
00.0%
NeitherNo plug date, and not on the schedule.
1100.0%

A plug date is the date the Commission recorded the wellbore as sealed with cement and abandoned. It is the only end-of-life fact Texas files. There is no "active" flag on a well, so this page does not print one — a well with no plug date is not stated to be producing.

How deep they were drilled

The one well that filed a depth was drilled to 7,216 ft.

Completions filed
May 2010
1 of 1 wells

1 well

42-49736835157,216 ftMay 2010

The API number is the state's, prefixed 42 for Texas. A well is matched to this lease by the lease key the Commission files on the wellbore record, so a well that has moved between leases appears under each one it was filed against.

Every month this lease reported (198)

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

198 months

May 202603,747106.413.05$11,413
Apr 202603,34398.932.87$9,593
Mar 202602,51589.753.15$7,921
Feb 2026483,03863.503.75$14,441
Jan 202603,67859.138.00$29,416
Dec 202503,50056.664.41$15,447
Nov 202503,54158.593.93$13,904
Oct 202503,36359.383.30$11,114
Sep 202513,81762.743.08$11,807
Aug 2025613,74263.933.01$15,181
Jul 202504,08966.743.32$13,556
Jun 202504,10266.483.13$12,834
May 202504,17660.553.23$13,498
Apr 202504,19562.363.54$14,863
Mar 202514,17767.704.27$17,896
Feb 2025402,74470.884.34$14,746
Jan 202504,34874.324.28$18,604
Dec 202404,52068.993.12$14,109
Nov 202403,77869.052.20$8,306
Oct 202404,80671.372.28$10,964
Sep 2024484,57169.612.36$14,149
Aug 202404,51475.632.06$9,315
Jul 202404,34779.932.15$9,331
Jun 202403,76778.082.63$9,922
May 202405,10178.812.20$11,214
Apr 202404,37884.451.66$7,264
Mar 202403,83380.301.55$5,922
Feb 202404,61076.091.78$8,223
Jan 2024374,29473.023.30$16,862
Dec 202305,33071.262.61$13,915
Nov 202305,45177.892.81$15,304
Oct 202335,35785.443.09$16,795
Sep 2023324,97889.042.74$16,464
Aug 202305,48480.522.67$14,658
Jul 202306,13974.852.64$16,218
Jun 202326,08468.962.26$13,879
May 2023686,24470.622.23$18,710
Apr 202306,38878.122.24$14,295
Mar 202306,07972.852.39$14,548
Feb 202305,72175.112.47$14,106
Jan 202306,52676.533.39$22,108
Dec 202205,98476.415.73$34,283
Nov 202246,31485.005.65$35,990
Oct 2022626,44387.185.86$43,185
Sep 202206,80684.888.16$55,562
Aug 202205,59794.529.13$51,085
Jul 202204,571101.587.54$34,475
Jun 202206,353115.097.98$50,679
May 202206,229109.378.43$52,529
Apr 202206,592104.226.84$45,073
Mar 2022226,855108.885.08$37,194
Feb 202265,76691.054.86$28,562
Jan 2022516,97181.844.54$35,806
Dec 202106,35671.323.90$24,783
Nov 202106,08177.435.24$31,845
Oct 20211756,51979.795.71$51,212
Sep 202106,40369.865.35$34,262
Aug 202106,80766.024.22$28,730
Jul 202106,72070.783.98$26,760
Jun 202106,58469.493.38$22,258
May 202106,85363.483.02$20,680
Apr 202106,61160.362.76$18,236
Mar 202107,03761.302.72$19,119
Feb 202105,16157.805.55$28,633
Jan 202106,79750.412.81$19,101
Dec 2020306,16844.642.68$17,841
Nov 2020068938.772.71$1,865
Oct 202006,34936.972.48$15,736
Sep 202006,43337.091.99$12,808
Aug 202006,72539.982.39$16,040
Jul 202006,53838.371.83$11,933
Jun 202005,54334.901.69$9,369
May 202005,09116.921.81$9,239
Apr 2020556,07614.751.80$11,775
Mar 202026,28330.341.86$11,723
Feb 2020395,62849.881.98$13,093
Jan 202056,19757.252.09$13,267
Dec 2019626,06359.012.30$17,630
Nov 201905,86855.302.75$16,141
Oct 201905,87153.472.42$14,199
Sep 20191775,33655.052.66$23,923
Aug 201906,18153.112.30$14,243
Jul 201906,35056.272.46$15,621
Jun 201906,10552.782.49$15,209
May 201906,52858.482.74$17,889
Apr 201906,38862.632.75$17,571
Mar 201905,37456.803.06$16,456
Feb 201904,06650.852.79$11,353
Jan 201903,76446.033.23$12,151
Dec 20181407,31246.594.19$37,127
Nov 201806,62052.934.24$28,051
Oct 201803,79461.443.40$12,892
Sep 201803,71359.543.11$11,540
Aug 201804,95459.403.07$15,192
Jul 201805,07565.142.93$14,879
Jun 201806,18860.183.08$19,040
May 20181366,49565.382.90$27,732
Apr 201806,50063.842.90$18,855
Mar 201806,18861.222.79$17,245
Feb 201806,04461.782.77$16,718
Jan 201806,67662.874.01$26,766
Dec 201706,49157.272.92$18,964
Nov 201707,38355.423.12$23,023
Oct 20171708,15349.292.98$32,705
Sep 201707,34547.523.09$22,676
Aug 201705,33645.373.00$16,031
Jul 201707,47043.873.09$23,062
Jun 201706,40842.493.09$19,783
May 201707,74945.373.26$25,288
Apr 201707,36047.933.21$23,637
Mar 20171787,22646.772.98$29,885
Feb 201706,66150.452.95$19,667
Jan 201707,60949.413.42$26,014
Dec 201606,41448.763.72$23,878
Nov 201607,34442.492.64$19,420
Oct 201608,02146.193.09$24,787
Sep 201607,50241.553.10$23,261
Aug 201606,45141.442.92$18,865
Jul 20161777,92841.622.92$30,551
Jun 201608,39045.352.69$22,534
May 201607,78742.521.99$15,504
Apr 201608,46936.561.99$16,862
Mar 201609,05733.011.79$16,248
Feb 20161798,74726.472.06$22,789
Jan 201608,95327.352.36$21,168
Dec 201509,30232.362.00$18,617
Nov 2015388,59438.792.17$20,100
Oct 201508,07143.552.43$19,585
Sep 201508,86642.992.76$24,456
Aug 20151769,42940.162.87$34,153
Jul 201507,87448.152.95$23,190
Jun 201508,58356.152.88$24,744
May 201509,70255.212.96$28,674
Apr 201509,21649.822.71$24,944
Mar 20152329,14042.892.93$36,774
Feb 201508,40944.662.98$25,027
Jan 201509,82843.433.10$30,473
Dec 201409,73154.693.59$34,948
Nov 2014011,09870.464.25$47,187
Oct 2014211,45878.303.90$44,854
Sep 20141411,92286.164.05$49,436
Aug 20149111,02289.394.04$52,610
Jul 2014012,42596.564.18$51,932
Jun 20149511,16398.164.74$62,203
May 2014011,08394.734.73$52,384
Apr 201419212,25795.944.81$77,366
Mar 201405,31695.895.06$26,882
Feb 2014075597.406.19$4,675
Jan 201401,22990.404.86$5,974
Dec 201301,39291.824.35$6,061
Nov 2013011,49988.853.74$42,986
Oct 201317611,90597.423.78$62,139
Sep 2013010,518104.113.72$39,103
Aug 2013012,162104.253.52$42,842
Jul 201318212,390102.523.72$64,721
Jun 201308,34694.403.93$32,828
May 201301,42894.834.15$5,925
Apr 201303,60193.964.28$15,422
Mar 201304,12193.623.91$16,125
Feb 201308,44491.233.42$28,878
Jan 201317811,19191.603.42$54,577
Dec 201209,98586.773.42$34,150
Nov 20121699,38186.953.62$48,700
Oct 2012014,19189.383.40$48,245
Sep 2012014,93694.672.92$43,589
Aug 201218115,63192.662.91$62,229
Jul 2012017,51185.133.02$52,897
Jun 201218517,06079.822.52$57,742
May 2012018,42591.612.49$45,847
Apr 201217919,391101.652.00$56,915
Mar 2012019,282105.052.22$42,846
Feb 201217415,038101.102.57$56,243
Jan 201219317,06198.092.73$65,578
Dec 201118717,01196.873.24$73,226
Nov 2011016,08695.723.31$53,265
Oct 20111809,97984.983.65$51,705
Sep 201107,68683.623.99$30,635
Aug 201102,55083.404.15$10,581
Jul 201101,57294.144.52$7,101
Jun 201101,43692.904.64$6,663
May 201105,66698.134.40$24,958
Apr 201109,728105.964.33$42,154
Mar 201118519,70096.364.06$97,756
Feb 201119418,93485.644.18$95,758
Jan 201137422,96886.504.59$137,746
Dec 201018424,99685.734.35$124,451
Nov 201023623,79380.843.80$109,381
Oct 201037028,56178.103.51$129,114
Sep 201044333,28172.633.98$164,616
Aug 20108712,17273.684.42$60,203
Jul 20101165172.554.74$8,657
Jun 201032821,63070.364.91$129,290
May 20101786,74971.124.24$41,243
Apr 20100081.694.12$0
Mar 20100078.394.39$0
Feb 20100073.585.44$0
Jan 20100074.365.96$0
Dec 20090071.445.48$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.

May 2026 — as filed, then multipliedworked
Condensate             0 bbl  × $106.41 =         $0
Gas                3,747 Mcf  × $  3.05 =    $11,413

────────────────────────────────────────────────────
Month total                                  $11,413

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/255737 is the state's own key, not one this site invented.