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 256902District 09Field 652802002 tax incentive programmesCondensateGasSaveExport
Value, all time
$4.2 M
Apr 2010 – May 2026
Value, last 12 filed months
$121 k
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 Gas112010-10-15199955
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
CondensateDisposition4,284 bbl$340,860
GasProduction1,097,089 Mcf$3,814,177
Total$4,155,037

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 33.2788, -97.6648. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

33.27876, -97.66478 · 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
7,223 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 7,223 ft.

Completions filed
Apr 2010
1 of 1 wells

1 well

42-49736884117,223 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 202602,560106.413.05$7,797
Apr 202602,75998.932.87$7,918
Mar 2026075489.753.15$2,375
Feb 2026024163.503.75$904
Jan 202602,43959.138.00$19,507
Dec 202502,95656.664.41$13,046
Nov 202503,82558.593.93$15,019
Oct 202503,84559.383.30$12,707
Sep 202503,42462.743.08$10,535
Aug 202503,01163.933.01$9,077
Jul 202503,49266.743.32$11,577
Jun 202503,22366.483.13$10,084
May 202503,80960.553.23$12,312
Apr 202503,10162.363.54$10,987
Mar 202503,10267.704.27$13,240
Feb 202501,76570.884.34$7,662
Jan 202502,81274.324.28$12,032
Dec 202403,59568.993.12$11,221
Nov 202402,44269.052.20$5,369
Oct 202403,90471.372.28$8,907
Sep 202403,73269.612.36$8,824
Aug 202403,74175.632.06$7,720
Jul 202404,02479.932.15$8,638
Jun 202403,15678.082.63$8,313
May 202403,48278.812.20$7,655
Apr 202403,18884.451.66$5,290
Mar 202403,47780.301.55$5,372
Feb 202403,25276.091.78$5,800
Jan 202404,13373.023.30$13,629
Dec 202303,84871.262.61$10,046
Nov 202303,12577.892.81$8,774
Oct 202303,75485.443.09$11,590
Sep 202303,28989.042.74$8,996
Aug 202303,93480.522.67$10,515
Jul 202313,39374.852.64$9,038
Jun 2023403,81368.962.26$11,370
May 202303,86170.622.23$8,600
Apr 202304,17378.122.24$9,338
Mar 202303,61572.852.39$8,651
Feb 202303,40675.112.47$8,398
Jan 202304,14276.533.39$14,032
Dec 202202,69176.415.73$15,417
Nov 202243,29285.005.65$18,927
Oct 2022573,84487.185.86$27,510
Sep 202204,41484.888.16$36,034
Aug 202204,61894.529.13$42,149
Jul 202234,668101.587.54$35,511
Jun 2022634,495115.097.98$43,108
May 202204,660109.378.43$39,298
Apr 202204,512104.226.84$30,851
Mar 202204,914108.885.08$24,945
Feb 202233,78091.054.86$18,640
Jan 2022254,56681.844.54$22,765
Dec 202104,76071.323.90$18,560
Nov 202173,96977.435.24$21,327
Oct 20211874,46679.795.71$40,439
Sep 202104,55669.865.35$24,379
Aug 202104,95266.024.22$20,900
Jul 202105,15170.783.98$20,512
Jun 202104,88669.493.38$16,518
May 202104,96763.483.02$14,989
Apr 202104,18660.362.76$11,547
Mar 202104,99861.302.72$13,579
Feb 202102,49557.805.55$13,842
Jan 202134,04350.412.81$11,513
Dec 2020704,27844.642.68$14,570
Nov 202004,07638.772.71$11,032
Oct 202004,10836.972.48$10,181
Sep 202004,11137.091.99$8,185
Aug 202004,28039.982.39$10,208
Jul 202004,60338.371.83$8,401
Jun 202004,18934.901.69$7,081
May 202004,31716.921.81$7,834
Apr 2020644,13014.751.80$8,396
Mar 202024,11830.341.86$7,705
Feb 2020604,41149.881.98$11,730
Jan 202004,49557.252.09$9,416
Dec 201904,54759.012.30$10,478
Nov 201903,98055.302.75$10,948
Oct 201904,19153.472.42$10,136
Sep 201913,80855.052.66$10,174
Aug 2019403,84353.112.30$10,980
Jul 20191363,78856.272.46$16,971
Jun 201903,82452.782.49$9,526
May 201904,25858.482.74$11,668
Apr 2019363,99662.632.75$13,246
Mar 201903,77756.803.06$11,566
Feb 201903,52350.852.79$9,837
Jan 201903,77246.033.23$12,177
Dec 201803,69746.594.19$15,474
Nov 201803,02352.934.24$12,809
Oct 201804,04361.443.40$13,738
Sep 201805,20259.543.11$16,168
Aug 201804,37759.403.07$13,422
Jul 2018803,93765.142.93$16,754
Jun 201803,77960.183.08$11,628
May 201804,20665.382.90$12,201
Apr 201804,25263.842.90$12,334
Mar 201804,23061.222.79$11,788
Feb 201803,79461.782.77$10,495
Jan 201804,28062.874.01$17,160
Dec 201706,50657.272.92$19,007
Nov 2017926,55655.423.12$25,543
Oct 201706,76649.292.98$20,188
Sep 201706,84847.523.09$21,142
Aug 201705,09345.373.00$15,301
Jul 201702,83643.873.09$8,756
Jun 201702,64342.493.09$8,160
May 201705,15945.373.26$16,836
Apr 201704,74647.933.21$15,242
Mar 20171755,95946.772.98$25,965
Feb 201705,70550.452.95$16,845
Jan 201705,96349.413.42$20,386
Dec 201606,31348.763.72$23,502
Nov 201606,57442.492.64$17,384
Oct 201605,83946.193.09$18,044
Sep 201606,86941.553.10$21,298
Aug 201606,88241.442.92$20,125
Jul 201605,58041.622.92$16,318
Jun 201606,11745.352.69$16,429
May 201607,11942.521.99$14,174
Apr 20161787,66536.561.99$21,769
Mar 201608,27633.011.79$14,847
Feb 201607,54326.472.06$15,566
Jan 201608,62927.352.36$20,402
Dec 2015588,98732.362.00$19,864
Nov 2015489,07438.792.17$21,528
Oct 201506,32743.552.43$15,353
Sep 201502,55042.992.76$7,034
Aug 201502,81140.162.87$8,075
Jul 201503,11848.152.95$9,183
Jun 201502,91356.152.88$8,398
May 2015057055.212.96$1,685
Apr 2015069049.822.71$1,868
Mar 2015071342.892.93$2,092
Feb 2015026044.662.98$774
Jan 2015071343.433.10$2,211
Dec 2014045854.693.59$1,645
Nov 2014050970.464.25$2,164
Oct 2014160778.303.90$2,446
Sep 2014121,36086.164.05$6,536
Aug 2014802,48989.394.04$17,195
Jul 201409,44896.564.18$39,489
Jun 20141399,38598.164.74$58,100
May 201409,40794.734.73$44,463
Apr 201408,79495.944.81$42,291
Mar 201408,08595.895.06$40,884
Feb 20141808,78197.406.19$71,904
Jan 201409,63490.404.86$46,828
Dec 201305,87391.824.35$25,574
Nov 201309,70988.853.74$36,295
Oct 201309,08697.423.78$34,339
Sep 20131889,772104.113.72$55,902
Aug 2013010,526104.253.52$37,079
Jul 2013011,259102.523.72$41,858
Jun 2013010,96394.403.93$43,122
May 201316811,19294.834.15$62,368
Apr 2013011,10393.964.28$47,550
Mar 2013012,46493.623.91$48,770
Feb 201317311,82791.233.42$56,230
Jan 2013013,89091.603.42$47,503
Dec 2012013,65386.773.42$46,695
Nov 201217413,13086.953.62$62,725
Oct 201209,30389.383.40$31,627
Sep 201209,57694.672.92$27,947
Aug 2012013,31192.662.91$38,711
Jul 201217415,71285.133.02$62,275
Jun 2012015,60079.822.52$39,297
May 201211517,08491.612.49$53,046
Apr 2012017,905101.652.00$35,753
Mar 20121877,878105.052.22$37,150
Feb 201209,209101.102.57$23,669
Jan 201217811,83398.092.73$49,812
Dec 201109,33596.873.24$30,243
Nov 201106,35495.723.31$21,040
Oct 201118013,89984.983.65$66,007
Sep 201118416,21783.623.99$80,024
Aug 2011017,12983.404.15$71,074
Jul 201118116,29294.144.52$90,634
Jun 20110092.904.64$0
May 2011025598.134.40$1,123
Apr 2011010,669105.964.33$46,232
Mar 201118219,06696.364.06$94,895
Feb 20114821,15685.644.18$92,542
Jan 20110286.504.59$9
Dec 20100085.734.35$0
Nov 2010022680.843.80$858
Oct 2010030278.103.51$1,060
Sep 201007072.633.98$279
Aug 201001673.684.42$71
Jul 20100072.554.74$0
Jun 201030714,02870.364.91$90,484
May 2010028,98471.124.24$122,754
Apr 2010063981.694.12$2,634

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                2,560 Mcf  × $  3.05 =     $7,797

────────────────────────────────────────────────────
Month total                                   $7,797

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/256902 is the state's own key, not one this site invented.