WATSON, J.P. -A-

Operated by GAUGE OIL COMPANY (P-5 297345) in the SALT FLAT field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 12346District 01Field 79905001Hydrogen sulphide fieldOilCasinghead gasSaveExport
Value, all time
$2.4 M
Jan 1993 – May 2026
Value, last 12 filed months
$37 k
at the published price for each month
Months reported
401
no gaps in the span
Streams
2
oil, casinghead 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 415 leases and 1,904 wells, and the rule below applies to all of them.

Discovered
1928-05-28
as the register files it
Field class
Oil and gas
the register's own label
Between wells
300 ft
minimum
From a lease line
150 ft
minimum

A drilling unit in this field needs at least 2 acres. The field rule took effect on 1952-08-04.

The register flags this field for hydrogen sulphide. That is a poisonous gas that occurs naturally in some formations. The flag is a property of the field as the Commission records it. It is not a measurement taken at this lease, and it is not a statement that gas is escaping anywhere.

The Commission's schedule remark for this field reads: 100 % % DELIVERABILITY SHOULD BE USED (DAMEKI NYERI).

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
OilDisposition39,543 bbl$2,430,463
Casinghead gasProduction53 Mcf$28
Total$2,430,491

42 Mcf of this lease's gas, across 42 months, carries no value here. No free Texas wellhead gas price exists before 1997, so those months are left out of the total rather than valued at zero. The total above is therefore a floor, not an estimate.

Wells on this lease (8)

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 29.7192, -97.6298. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.2 miles.

29.71903, -97.62956 · 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 8 wells
With a plug date
0.0%
0 of 8 wells
Median depth
2,656 ft
7 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.
8100.0%

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

Total depth in feet, 7 of 8 wells. Median 2,656 ft, with the middle half between 2,622 and 2,693 ft; the shallowest is 2,515 ft and the deepest 2,900 ft. The median is published rather than the mean, because a single mis-keyed depth moves a mean and cannot move a median.

When they were last completed

Last completion by decade, 7 of 8 wells, Nov 1977 – Mar 1990. This is the LAST completion filed on each wellbore, not the first — a well recompleted in 2019 counts once, in the 2010s.

Completions filed
Nov 1977 – Mar 1990
7 of 8 wells; 1 filed none

8 wells

42-055805461
42-0553447652,696 ftMar 1990
42-055344806D2,900 ftFeb 1990
42-0553446842,515 ftDec 1989
42-0553445722,589 ftNov 1989
42-0553260082,690 ftDec 1982
42-0553118972,656 ftJun 1979
42-0553108732,654 ftNov 1977

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 (401)

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

401 months

May 202600106.413.05$0
Apr 2026169098.932.87$16,719
Mar 20260089.753.15$0
Feb 20260063.503.75$0
Jan 20260059.138.00$0
Dec 2025166056.664.41$9,406
Nov 20250058.593.93$0
Oct 20250059.383.30$0
Sep 20250062.743.08$0
Aug 20250063.933.01$0
Jul 2025167066.743.32$11,146
Jun 20250066.483.13$0
May 20250060.553.23$0
Apr 20250062.363.54$0
Mar 2025175067.704.27$11,848
Feb 20250070.884.34$0
Jan 20250074.324.28$0
Dec 20240068.993.12$0
Nov 2024165069.052.20$11,393
Oct 20240071.372.28$0
Sep 20240069.612.36$0
Aug 20240075.632.06$0
Jul 2024168079.932.15$13,428
Jun 20240078.082.63$0
May 20240078.812.20$0
Apr 20240084.451.66$0
Mar 2024159080.301.55$12,768
Feb 20240076.091.78$0
Jan 20240073.023.30$0
Dec 2023171071.262.61$12,185
Nov 20230077.892.81$0
Oct 20230085.443.09$0
Sep 20230089.042.74$0
Aug 2023167080.522.67$13,447
Jul 20230074.852.64$0
Jun 20230068.962.26$0
May 2023168070.622.23$11,864
Apr 20230078.122.24$0
Mar 20230072.852.39$0
Feb 2023172075.112.47$12,919
Jan 20230076.533.39$0
Dec 20220076.415.73$0
Nov 2022170085.005.65$14,450
Oct 20220087.185.86$0
Sep 2022168084.888.16$14,260
Aug 20220094.529.13$0
Jul 202200101.587.54$0
Jun 20221650115.097.98$18,990
May 202200109.378.43$0
Apr 20221700104.226.84$17,717
Mar 202200108.885.08$0
Feb 2022174091.054.86$15,843
Jan 20220081.844.54$0
Dec 20210071.323.90$0
Nov 2021166077.435.24$12,853
Oct 20210079.795.71$0
Sep 20210069.865.35$0
Aug 2021171066.024.22$11,289
Jul 20210070.783.98$0
Jun 2021169069.493.38$11,744
May 20210063.483.02$0
Apr 2021167060.362.76$10,080
Mar 20210061.302.72$0
Feb 2021170057.805.55$9,826
Jan 20210050.412.81$0
Dec 2020164044.642.68$7,321
Nov 20200038.772.71$0
Oct 2020164036.972.48$6,063
Sep 20200037.091.99$0
Aug 2020162039.982.39$6,477
Jul 20200038.371.83$0
Jun 2020188034.901.69$6,561
May 20200016.921.81$0
Apr 20200014.751.80$0
Mar 2020162030.341.86$4,915
Feb 20200049.881.98$0
Jan 2020170057.252.09$9,733
Dec 20190059.012.30$0
Nov 2019164055.302.75$9,069
Oct 20190053.472.42$0
Sep 2019163055.052.66$8,973
Aug 20190053.112.30$0
Jul 20190056.272.46$0
Jun 2019153052.782.49$8,075
May 20190058.482.74$0
Apr 2019149062.632.75$9,332
Mar 20190056.803.06$0
Feb 2019159050.852.79$8,085
Jan 20190046.033.23$0
Dec 2018170046.594.19$7,920
Nov 20180052.934.24$0
Oct 2018163061.443.40$10,015
Sep 20180059.543.11$0
Aug 2018151059.403.07$8,969
Jul 20180065.142.93$0
Jun 2018158060.183.08$9,508
May 20180065.382.90$0
Apr 2018161063.842.90$10,278
Mar 2018165061.222.79$10,101
Feb 20180061.782.77$0
Jan 2018169062.874.01$10,625
Dec 20170057.272.92$0
Nov 2017162055.423.12$8,978
Oct 20170049.292.98$0
Sep 2017165047.523.09$7,841
Aug 20170045.373.00$0
Jul 2017165043.873.09$7,239
Jun 20170042.493.09$0
May 2017159045.373.26$7,214
Apr 20170047.933.21$0
Mar 2017164046.772.98$7,670
Feb 2017161050.452.95$8,122
Jan 20170049.413.42$0
Dec 2016164048.763.72$7,997
Nov 20160042.492.64$0
Oct 2016165046.193.09$7,621
Sep 20160041.553.10$0
Aug 2016154041.442.92$6,382
Jul 2016159041.622.92$6,618
Jun 20160045.352.69$0
May 2016158042.521.99$6,718
Apr 20160036.561.99$0
Mar 2016162033.011.79$5,348
Feb 20160026.472.06$0
Jan 2016158027.352.36$4,321
Dec 2015165032.362.00$5,339
Nov 20150038.792.17$0
Oct 2015158043.552.43$6,881
Sep 2015158042.992.76$6,792
Aug 20150040.162.87$0
Jul 2015159048.152.95$7,656
Jun 2015161056.152.88$9,040
May 20150055.212.96$0
Apr 2015160049.822.71$7,971
Mar 20150042.892.93$0
Feb 2015141044.662.98$6,297
Jan 2015158043.433.10$6,862
Dec 20140054.693.59$0
Nov 2014158070.464.25$11,133
Oct 20140078.303.90$0
Sep 2014158086.164.05$13,613
Aug 2014158089.394.04$14,124
Jul 20140096.564.18$0
Jun 2014158098.164.74$15,509
May 2014159094.734.73$15,062
Apr 20140095.944.81$0
Mar 2014161095.895.06$15,438
Feb 2014167097.406.19$16,266
Jan 2014160090.404.86$14,464
Dec 20130091.824.35$0
Nov 2013165088.853.74$14,660
Oct 2013164097.423.78$15,977
Sep 20131630104.113.72$16,970
Aug 201300104.253.52$0
Jul 20131580102.523.72$16,198
Jun 2013162094.403.93$15,293
May 2013165094.834.15$15,647
Apr 20130093.964.28$0
Mar 2013171093.623.91$16,009
Feb 2013168091.233.42$15,327
Jan 2013166091.603.42$15,206
Dec 2012170086.773.42$14,751
Nov 20120086.953.62$0
Oct 2012162089.383.40$14,480
Sep 2012169094.672.92$15,999
Aug 2012170092.662.91$15,752
Jul 2012167085.133.02$14,217
Jun 2012160079.822.52$12,771
May 2012167091.612.49$15,299
Apr 201200101.652.00$0
Mar 20123330105.052.22$34,982
Feb 20121740101.102.57$17,591
Jan 2012168098.092.73$16,479
Dec 2011169096.873.24$16,371
Nov 2011169095.723.31$16,177
Oct 2011160084.983.65$13,597
Sep 2011164083.623.99$13,714
Aug 2011166083.404.15$13,844
Jul 2011161094.144.52$15,157
Jun 2011161092.904.64$14,957
May 2011167098.134.40$16,388
Apr 20111590105.964.33$16,848
Mar 20110096.364.06$0
Feb 2011166085.644.18$14,216
Jan 2011160086.504.59$13,840
Dec 2010167085.734.35$14,317
Nov 2010167080.843.80$13,500
Oct 2010166078.103.51$12,965
Sep 2010166072.633.98$12,057
Aug 2010165073.684.42$12,157
Jul 2010168072.554.74$12,188
Jun 2010158070.364.91$11,117
May 2010167071.124.24$11,877
Apr 2010162081.694.12$13,234
Mar 2010171078.394.39$13,405
Feb 2010161073.585.44$11,846
Jan 2010166074.365.96$12,344
Dec 2009167071.445.48$11,930
Nov 2009168074.593.75$12,531
Oct 2009332072.544.11$24,083
Sep 2009163065.543.06$10,683
Aug 2009161067.423.22$10,855
Jul 2009154061.133.46$9,414
Jun 2009165066.163.90$10,916
May 2009166054.743.93$9,087
Apr 2009319046.773.59$14,920
Mar 2009166042.144.06$6,995
Feb 2009161032.814.63$5,282
Jan 2009168035.865.37$6,024
Dec 2008170037.105.98$6,307
Nov 2008171055.496.86$9,489
Oct 2008166075.246.92$12,490
Sep 20081640101.767.88$16,689
Aug 20083300114.228.48$37,693
Jul 20081560131.0811.39$20,448
Jun 20083330131.3313.03$43,733
May 20081630123.1711.57$20,077
Apr 20082150110.3110.45$23,717
Mar 20083270101.909.66$33,321
Feb 2008332092.538.77$30,720
Jan 2008335090.388.21$30,277
Dec 2007157088.337.30$13,868
Nov 2007355091.677.29$32,543
Oct 2007165082.856.92$13,670
Sep 2007291075.846.24$22,069
Aug 2007169069.066.39$11,671
Jul 2007334070.906.39$23,681
Jun 2007175062.007.55$10,850
May 2007333058.747.85$19,560
Apr 2007339059.617.81$20,208
Mar 2007341056.927.30$19,410
Feb 20070055.108.22$0
Jan 2007176050.306.73$8,853
Dec 2006176056.656.92$9,970
Nov 2006163054.207.62$8,835
Oct 2006167054.906.01$9,168
Sep 2006170060.085.04$10,214
Aug 2006236068.717.34$16,216
Jul 2006167069.376.34$11,585
Jun 2006172066.286.38$11,400
May 2006172066.016.42$11,354
Apr 2006199064.397.36$12,814
Mar 2006202056.707.08$11,453
Feb 200668057.597.75$3,916
Jan 2006170060.598.93$10,300
Dec 2005175054.9413.42$9,615
Nov 2005175054.6910.59$9,571
Oct 2005175058.3413.80$10,210
Sep 2005198061.4512.08$12,167
Aug 2005191061.519.80$11,748
Jul 20050055.697.84$0
Jun 2005198052.337.38$10,361
May 2005199045.226.65$8,999
Apr 2005200049.207.36$9,840
Mar 2005201050.377.15$10,124
Feb 2005201045.226.31$9,089
Jan 2005201043.166.32$8,675
Dec 2004196039.866.75$7,813
Nov 2004197045.286.33$8,920
Oct 2004171049.706.52$8,499
Sep 2004170043.245.28$7,351
Aug 2004355042.375.55$15,041
Jul 2004193038.286.08$7,388
Jun 2004173036.106.43$6,245
May 2004167037.486.49$6,259
Apr 2004199034.475.86$6,860
Mar 2004173034.365.53$5,944
Feb 2004183032.455.51$5,938
Jan 2004172032.036.30$5,509
Dec 2003171030.266.30$5,174
Nov 2003172028.804.60$4,954
Oct 2003337028.174.76$9,493
Sep 2003171026.314.75$4,499
Aug 2003168029.765.13$5,000
Jul 2003190029.415.17$5,588
Jun 2003172028.565.98$4,912
May 2003337026.595.97$8,961
Apr 2003181026.675.41$4,827
Mar 2003338031.146.10$10,525
Feb 2003165033.487.93$5,524
Jan 2003172030.315.58$5,213
Dec 2002338026.914.85$9,096
Nov 2002177024.664.14$4,365
Oct 2002181026.464.23$4,789
Sep 2002178027.443.64$4,884
Aug 2002178025.963.16$4,621
Jul 2002509024.583.06$12,511
Jun 2002309023.733.34$7,333
May 2002382024.663.58$9,420
Apr 2002148023.653.51$3,500
Mar 20020022.003.10$0
Feb 20020018.222.38$0
Jan 20020017.172.38$0
Dec 20010016.932.36$0
Nov 20010018.072.41$0
Oct 20010019.782.53$0
Sep 20010024.262.25$0
Aug 20010024.873.05$0
Jul 20010023.933.20$0
Jun 20010024.563.82$0
May 20010025.524.31$0
Apr 20010024.685.34$0
Mar 20010024.545.38$0
Feb 20010027.755.77$0
Jan 20010027.478.40$0
Dec 20000026.889.12$0
Nov 20000032.215.66$0
Oct 20000031.235.15$0
Sep 20000031.875.19$0
Aug 20000029.644.54$0
Jul 20000028.534.09$0
Jun 20000029.304.40$0
May 20000027.263.68$0
Apr 20000024.513.12$0
Mar 20000028.422.86$0
Feb 20000027.622.73$0
Jan 20000025.272.48$0
Dec 19990024.282.42$0
Nov 19990023.192.43$0
Oct 19990020.982.80$0
Sep 19990021.752.62$0
Aug 19990019.262.88$0
Jul 19990017.892.37$0
Jun 19990015.942.36$0
May 19990015.792.32$0
Apr 19990015.102.21$0
Mar 19990012.471.84$0
Feb 1999009.981.82$0
Jan 19990010.381.90$0
Dec 1998009.201.77$0
Nov 19980010.892.19$0
Oct 19980012.421.97$0
Sep 19980012.592.08$0
Aug 19980011.301.91$0
Jul 19980011.742.24$0
Jun 19980011.242.24$0
May 19980012.622.21$0
Apr 19980013.042.51$0
Mar 19980012.802.31$0
Feb 19980013.952.30$0
Jan 19980014.702.15$0
Dec 19970016.322.41$0
Nov 1997237118.193.09$4,314
Oct 19970119.253.15$3
Sep 19970117.742.95$3
Aug 19970117.862.55$3
Jul 19970117.582.25$2
Jun 19970117.242.26$2
May 19970118.972.31$2
Apr 19970117.882.08$2
Mar 19970118.951.94$2
Feb 19970120.492.21$2
Jan 19970123.483.54$4
Dec 19960123.32$0
Nov 19960121.97$0
Oct 19960123.31$0
Sep 19960122.22$0
Aug 19960120.26$0
Jul 19960119.55$0
Jun 19960118.73$0
May 19960119.43$0
Apr 19960121.51$0
Mar 19960119.38$0
Feb 19960116.98$0
Jan 19960117.07$0
Dec 19950117.19$0
Nov 19950116.00$0
Oct 19950115.43$0
Sep 19950116.18$0
Aug 19950115.92$0
Jul 19950115.24$0
Jun 19950116.41$0
May 19950117.56$0
Apr 19950117.73$0
Mar 19950116.44$0
Feb 19950116.58$0
Jan 19950015.92$0
Dec 19940015.03$0
Nov 19940015.90$0
Oct 19940115.58$0
Sep 19940115.29$0
Aug 19940116.13$0
Jul 19940017.56$0
Jun 19940017.09$0
May 1994154115.88$2,446
Apr 19940114.14$0
Mar 19940112.46$0
Feb 19940112.50$0
Jan 19940112.66$0
Dec 19930012.33$0
Nov 199395114.49$1,377
Oct 19930115.85$0
Sep 19930115.03$0
Aug 1993170115.66$2,662
Jul 19930115.46$0
Jun 1993160116.79$2,686
May 1993174117.68$3,076
Apr 1993174118.05$3,141
Mar 1993170118.14$3,084
Feb 19930117.90$0
Jan 1993508116.93$8,600

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
Oil                  169 bbl  × $ 98.93 =    $16,719
Casinghead gas         0 Mcf  × $  2.87 =         $0

────────────────────────────────────────────────────
Month total                                  $16,719

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. 01/O/12346 is the state's own key, not one this site invented.