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 256155District 09Field 652802002 tax incentive programmesCondensateGasSaveExport
Value, all time
$2.2 M
Dec 2009 – May 2026
Value, last 12 filed months
$0
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 Gas112010-10-15199963
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
CondensateDisposition2,950 bbl$237,829
GasProduction560,324 Mcf$1,964,716
Total$2,202,546

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 33.2801, -97.6586. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

33.28007, -97.65858 · 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
7,157 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 7,157 ft.

Completions filed
May 2010
1 of 1 wells

1 well

42-49736834147,157 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 202600106.413.05$0
Apr 20260098.932.87$0
Mar 20260089.753.15$0
Feb 20260063.503.75$0
Jan 20260059.138.00$0
Dec 20250056.664.41$0
Nov 20250058.593.93$0
Oct 20250059.383.30$0
Sep 20250062.743.08$0
Aug 20250063.933.01$0
Jul 20250066.743.32$0
Jun 20250066.483.13$0
May 20250060.553.23$0
Apr 20250062.363.54$0
Mar 20250067.704.27$0
Feb 20250070.884.34$0
Jan 20250074.324.28$0
Dec 20240068.993.12$0
Nov 20240069.052.20$0
Oct 20240071.372.28$0
Sep 20240069.612.36$0
Aug 20240075.632.06$0
Jul 20240079.932.15$0
Jun 20240078.082.63$0
May 20240078.812.20$0
Apr 20240084.451.66$0
Mar 20240080.301.55$0
Feb 20240076.091.78$0
Jan 20240073.023.30$0
Dec 20230071.262.61$0
Nov 20230077.892.81$0
Oct 20230085.443.09$0
Sep 20230089.042.74$0
Aug 20230080.522.67$0
Jul 20231074.852.64$75
Jun 202340068.962.26$2,758
May 20230070.622.23$0
Apr 20230078.122.24$0
Mar 20230072.852.39$0
Feb 20230075.112.47$0
Jan 20230076.533.39$0
Dec 20220076.415.73$0
Nov 20220085.005.65$0
Oct 202202887.185.86$164
Sep 20220084.888.16$0
Aug 20220694.529.13$55
Jul 202201,231101.587.54$9,284
Jun 2022030115.097.98$239
May 2022036109.378.43$304
Apr 2022043104.226.84$294
Mar 2022042108.885.08$213
Feb 202203891.054.86$185
Jan 202203981.844.54$177
Dec 202103771.323.90$144
Nov 202103977.435.24$204
Oct 202104279.795.71$240
Sep 202104369.865.35$230
Aug 202104666.024.22$194
Jul 202104770.783.98$187
Jun 202104769.493.38$159
May 202105163.483.02$154
Apr 202105260.362.76$143
Mar 202105561.302.72$149
Feb 202106057.805.55$333
Jan 202106250.412.81$174
Dec 202004344.642.68$115
Nov 202002538.772.71$68
Oct 202006836.972.48$169
Sep 202007037.091.99$139
Aug 202007439.982.39$177
Jul 202008238.371.83$150
Jun 202008934.901.69$150
May 2020013816.921.81$250
Apr 2020015414.751.80$278
Mar 2020016530.341.86$306
Feb 2020016449.881.98$325
Jan 2020020257.252.09$423
Dec 2019025259.012.30$581
Nov 2019027155.302.75$745
Oct 2019018153.472.42$438
Sep 201912,16155.052.66$5,797
Aug 2019472,46653.112.30$8,179
Jul 201902,56856.272.46$6,317
Jun 201902,51952.782.49$6,275
May 201902,51158.482.74$6,881
Apr 201902,14762.632.75$5,906
Mar 201903,17556.803.06$9,722
Feb 201903,48650.852.79$9,734
Jan 201904,59146.033.23$14,821
Dec 2018095246.594.19$3,985
Nov 201801,17152.934.24$4,962
Oct 201802,30861.443.40$7,843
Sep 201802,44459.543.11$7,596
Aug 201802,56359.403.07$7,860
Jul 201802,27165.142.93$6,658
Jun 201802,68260.183.08$8,252
May 2018532,86665.382.90$11,779
Apr 201802,75663.842.90$7,995
Mar 201803,02561.222.79$8,430
Feb 201802,77361.782.77$7,670
Jan 201803,14762.874.01$12,617
Dec 201703,16657.272.92$9,250
Nov 201703,61155.423.12$11,260
Oct 201704,11549.292.98$12,278
Sep 201703,85747.523.09$11,908
Aug 201703,93945.373.00$11,834
Jul 2017079843.873.09$2,464
Jun 2017042942.493.09$1,324
May 201702,10245.373.26$6,860
Apr 201702,93447.933.21$9,423
Mar 20171483,12246.772.98$16,237
Feb 201702,92350.452.95$8,630
Jan 201703,31349.413.42$11,326
Dec 201603,34848.763.72$12,464
Nov 201603,39542.492.64$8,978
Oct 201602,51246.193.09$7,763
Sep 201603,43541.553.10$10,651
Aug 201603,77941.442.92$11,051
Jul 201603,76641.622.92$11,013
Jun 201603,52345.352.69$9,462
May 201604,15342.521.99$8,269
Apr 201603,29636.561.99$6,562
Mar 201603,86233.011.79$6,928
Feb 201602,94026.472.06$6,067
Jan 201603,72527.352.36$8,807
Dec 201503,86532.362.00$7,735
Nov 20151433,90038.792.17$14,000
Oct 201503,69543.552.43$8,966
Sep 201503,57842.992.76$9,870
Aug 201504,00840.162.87$11,513
Jul 201505,25748.152.95$15,482
Jun 201505,43956.152.88$15,680
May 201505,65355.212.96$16,707
Apr 201505,37849.822.71$14,556
Mar 201505,64042.892.93$16,552
Feb 201505,06644.662.98$15,077
Jan 201505,36243.433.10$16,626
Dec 201405,54654.693.59$19,918
Nov 201402,79670.464.25$11,888
Oct 201415,30878.303.90$20,785
Sep 2014145,22186.164.05$22,327
Aug 2014924,78389.394.04$27,524
Jul 201405,68096.564.18$23,740
Jun 201404,86998.164.74$23,064
May 201403,88894.734.73$18,377
Apr 201404,83395.944.81$23,242
Mar 201406,40295.895.06$32,374
Feb 20141636,34897.406.19$55,183
Jan 201406,85290.404.86$33,306
Dec 201304,86591.824.35$21,185
Nov 20131774,63688.853.74$33,057
Oct 201305,49497.423.78$20,764
Sep 20130607104.113.72$2,257
Aug 201301,044104.253.52$3,678
Jul 201302,928102.523.72$10,886
Jun 201304,32394.403.93$17,004
May 201303,78594.834.15$15,704
Apr 201306,52393.964.28$27,935
Mar 201306,43093.623.91$25,160
Feb 201302,82291.233.42$9,651
Jan 201301,65091.603.42$5,643
Dec 20121734,69186.773.42$31,055
Nov 201207,17886.953.62$26,020
Oct 201207,20689.383.40$24,498
Sep 201205,85594.672.92$17,087
Aug 201207,78192.662.91$22,628
Jul 201207,89785.133.02$23,855
Jun 20121826,60779.822.52$31,171
May 201208,36491.612.49$20,812
Apr 201206,860101.652.00$13,698
Mar 201206,759105.052.22$15,019
Feb 201217610,561101.102.57$44,938
Jan 2012010,33498.092.73$28,254
Dec 2011010,26696.873.24$33,259
Nov 201117910,75095.723.31$52,730
Oct 2011011,05584.983.65$40,335
Sep 2011013,06483.623.99$52,070
Aug 201118412,96083.404.15$69,121
Jul 2011013,25494.144.52$59,872
Jun 201118113,25292.904.64$78,303
May 2011011,50398.134.40$50,669
Apr 201118112,234105.964.33$72,192
Mar 2011011,33796.364.06$45,998
Feb 2011031585.644.18$1,317
Jan 2011035886.504.59$1,643
Dec 201001,25585.734.35$5,456
Nov 20101381,64880.843.80$17,411
Oct 2010011,27378.103.51$39,556
Sep 201025416,12872.633.98$82,629
Aug 2010906,23973.684.42$34,204
Jul 20100272.554.74$9
Jun 20103328,02270.364.91$62,751
May 201006,16571.124.24$26,110
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.

Jul 2023 — as filed, then multipliedworked
Condensate             1 bbl  × $ 74.85 =        $75
Gas                    0 Mcf  × $  2.64 =         $0

────────────────────────────────────────────────────
Month total                                      $75

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/256155 is the state's own key, not one this site invented.