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 256718District 09Field 652802002 tax incentive programmesCondensateGasSaveExport
Value, all time
$1.7 M
Apr 2010 – May 2026
Value, last 12 filed months
$0
at the published price for each month
Months reported
194
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 Gas112010-10-15199951
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
CondensateDisposition2,548 bbl$202,739
GasProduction447,421 Mcf$1,541,860
Total$1,744,600

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 33.2773, -97.6648. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

33.27729, -97.66482 · 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
7,256 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 7,256 ft.

Completions filed
Apr 2010
1 of 1 wells

1 well

42-49736883107,256 ftApr 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 (194)

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

194 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 20230074.852.64$0
Jun 20230068.962.26$0
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 20220087.185.86$0
Sep 20220084.888.16$0
Aug 20220094.529.13$0
Jul 202200101.587.54$0
Jun 202200115.097.98$0
May 202200109.378.43$0
Apr 202200104.226.84$0
Mar 202200108.885.08$0
Feb 20220091.054.86$0
Jan 20220081.844.54$0
Dec 20210071.323.90$0
Nov 20210077.435.24$0
Oct 20210079.795.71$0
Sep 20210069.865.35$0
Aug 20210066.024.22$0
Jul 20210070.783.98$0
Jun 20210069.493.38$0
May 20210063.483.02$0
Apr 20210060.362.76$0
Mar 20210061.302.72$0
Feb 20210057.805.55$0
Jan 20210050.412.81$0
Dec 20200044.642.68$0
Nov 20200038.772.71$0
Oct 20200036.972.48$0
Sep 20200037.091.99$0
Aug 20200039.982.39$0
Jul 20200038.371.83$0
Jun 20200034.901.69$0
May 20200016.921.81$0
Apr 20200014.751.80$0
Mar 20200030.341.86$0
Feb 20200049.881.98$0
Jan 20200057.252.09$0
Dec 20190059.012.30$0
Nov 20190055.302.75$0
Oct 20190053.472.42$0
Sep 20190055.052.66$0
Aug 20190053.112.30$0
Jul 20190056.272.46$0
Jun 20190052.782.49$0
May 20190058.482.74$0
Apr 20190062.632.75$0
Mar 20190056.803.06$0
Feb 20190050.852.79$0
Jan 20190046.033.23$0
Dec 20180046.594.19$0
Nov 20180052.934.24$0
Oct 20180061.443.40$0
Sep 20180059.543.11$0
Aug 201803,47359.403.07$10,650
Jul 2018963,11065.142.93$15,372
Jun 201802,95260.183.08$9,083
May 201801,28765.382.90$3,733
Apr 201802,28463.842.90$6,625
Mar 201803,45861.222.79$9,637
Feb 201802,67461.782.77$7,397
Jan 201801,15762.874.01$4,639
Dec 201702,53357.272.92$7,400
Nov 2017853,35555.423.12$15,173
Oct 201703,53449.292.98$10,544
Sep 201703,85547.523.09$11,901
Aug 201705,31445.373.00$15,965
Jul 201705,05243.873.09$15,597
Jun 201703,74742.493.09$11,568
May 201703,20445.373.26$10,456
Apr 201703,18947.933.21$10,242
Mar 2017583,15646.772.98$12,129
Feb 201703,08050.452.95$9,094
Jan 201703,71949.413.42$12,715
Dec 201603,82348.763.72$14,232
Nov 201602,04542.492.64$5,408
Oct 201604,59846.193.09$14,209
Sep 201603,33141.553.10$10,328
Aug 20161323,20741.442.92$14,848
Jul 201603,84241.622.92$11,235
Jun 201604,35045.352.69$11,683
May 201604,25942.521.99$8,480
Apr 201603,97036.561.99$7,904
Mar 201603,53033.011.79$6,333
Feb 201602,73626.472.06$5,646
Jan 201603,78727.352.36$8,954
Dec 201503,15132.362.00$6,306
Nov 20151842,56538.792.17$12,697
Oct 201502,46243.552.43$5,974
Sep 201503,24842.992.76$8,959
Aug 201502,80440.162.87$8,054
Jul 201503,43548.152.95$10,116
Jun 201506,07356.152.88$17,508
May 201502,47855.212.96$7,324
Apr 201507,57449.822.71$20,500
Mar 201507,95042.892.93$23,331
Feb 201507,00244.662.98$20,839
Jan 2015608,49043.433.10$28,930
Dec 201408,52254.693.59$30,606
Nov 201409,14370.464.25$38,875
Oct 2014011,64978.303.90$45,442
Sep 201463,40086.164.05$14,271
Aug 2014402,06189.394.04$11,892
Jul 201404,09596.564.18$17,115
Jun 20141744,56098.164.74$38,680
May 201405,85894.734.73$27,688
Apr 201406,38795.944.81$30,716
Mar 201403,42795.895.06$17,330
Feb 201401,29797.406.19$8,031
Jan 201401,64590.404.86$7,996
Dec 2013015991.824.35$692
Nov 20131762,94488.853.74$26,643
Oct 201304,37797.423.78$16,542
Sep 201303,479104.113.72$12,934
Aug 201302,463104.253.52$8,676
Jul 201301,774102.523.72$6,595
Jun 201301,54594.403.93$6,077
May 201301,73694.834.15$7,203
Apr 20131822,46093.964.28$27,636
Mar 201301,23593.623.91$4,832
Feb 201301,95891.233.42$6,696
Jan 201301,72391.603.42$5,893
Dec 201201,40586.773.42$4,805
Nov 201201,22786.953.62$4,448
Oct 20121743,46289.383.40$27,322
Sep 201205,47994.672.92$15,990
Aug 201204,65592.662.91$13,537
Jul 201205,35485.133.02$16,173
Jun 201205,08479.822.52$12,807
May 20121705,60591.612.49$29,521
Apr 201206,800101.652.00$13,578
Mar 201202,538105.052.22$5,640
Feb 201208,561101.102.57$22,004
Jan 201217310,93298.092.73$46,859
Dec 2011012,16396.873.24$39,405
Nov 201118115,40195.723.31$68,322
Oct 201106,89184.983.65$25,142
Sep 20110083.623.99$0
Aug 2011068983.404.15$2,859
Jul 201103,20694.144.52$14,482
Jun 201105,40692.904.64$25,083
May 201108,04298.134.40$35,424
Apr 201117211,267105.964.33$67,048
Mar 2011016,85396.364.06$68,378
Feb 201113318,98785.644.18$90,755
Jan 201101,77886.504.59$8,159
Dec 20100085.734.35$0
Nov 20100280.843.80$8
Oct 20100178.103.51$4
Sep 20100072.633.98$0
Aug 20100073.684.42$0
Jul 20100072.554.74$0
Jun 20101736,87870.364.91$45,946
May 201017918,98371.124.24$93,128
Apr 201007,03281.694.12$28,991

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.

Aug 2018 — as filed, then multipliedworked
Condensate             0 bbl  × $ 59.40 =         $0
Gas                3,473 Mcf  × $  3.07 =    $10,650

────────────────────────────────────────────────────
Month total                                  $10,650

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/256718 is the state's own key, not one this site invented.