WATTS-GISLER

Operated by FIELD PETROLEUM CORP. (P-5 266906) in the MISSION VALLEY (10,220) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 177966District 02Field 621506002 tax incentive programmesCondensateGasSaveExport
Value, all time
$63.9 M
Mar 2000 – May 2026
Value, last 12 filed months
$126 k
at the published price for each month
Months reported
315
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 10 leases and 10 wells, and the rule below applies to all of them.

Discovered
1965-11-26
as the register files it
Field class
Gas
the register's own label
Between wells
no field rule filed
From a lease line
no field rule filed

The Commission's schedule remark for this field reads: AOF-1 AND AOF-2 EFFECTIVE 10/01/2000.

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 Gas112009-09-15194147
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
CondensateDisposition271,333 bbl$10,590,599
GasProduction10,792,051 Mcf$53,316,290
Total$63,906,888

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 28.8931, -97.2012. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.89311, -97.20124 · 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
11,500 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 11,500 ft.

Completions filed
Mar 2000
1 of 1 wells

1 well

42-46933456111,500 ftMar 2000

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 (315)

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

315 months

May 202602,823106.413.05$8,598
Apr 202602,62598.932.87$7,533
Mar 202602,60789.753.15$8,211
Feb 202601,42963.503.75$5,359
Jan 202601,39759.138.00$11,173
Dec 202504,22456.664.41$18,642
Nov 202502,53058.593.93$9,934
Oct 2025036359.383.30$1,200
Sep 202501,63962.743.08$5,043
Aug 202501,05463.933.01$3,178
Jul 2025945,49666.743.32$24,494
Jun 202507,28866.483.13$22,802
May 20251943,09660.553.23$21,754
Apr 202504,24662.363.54$15,044
Mar 202503,83667.704.27$16,373
Feb 20251851,96670.884.34$21,647
Jan 202505,98874.324.28$25,621
Dec 202404,05868.993.12$12,667
Nov 2024057169.052.20$1,255
Oct 202401,67071.372.28$3,810
Sep 2024858769.612.36$1,945
Aug 2024151,17275.632.06$3,553
Jul 2024281,36279.932.15$5,162
Jun 20241616,20078.082.63$28,902
May 2024532,06178.812.20$8,708
Apr 202425110,40184.451.66$38,454
Mar 20241628,59080.301.55$26,281
Feb 20241596,25776.091.78$23,259
Jan 20241758,33473.023.30$40,261
Dec 20231756,28571.262.61$28,879
Nov 202325610,62377.892.81$49,765
Oct 2023904,51685.443.09$21,632
Sep 20231186,74989.042.74$28,966
Aug 2023672,62780.522.67$12,417
Jul 2023322,29474.852.64$8,455
Jun 202391,01068.962.26$2,902
May 2023572,55870.622.23$9,723
Apr 202321311,80278.122.24$43,050
Mar 20232289,76672.852.39$39,981
Feb 20232239,91375.112.47$41,192
Jan 202334313,29876.533.39$71,300
Dec 202226610,72176.415.73$81,747
Nov 20222008,36385.005.65$64,219
Oct 202228911,38287.185.86$91,936
Sep 202223610,69684.888.16$107,350
Aug 20222889,58494.529.13$114,696
Jul 202228510,374101.587.54$107,192
Jun 202240311,595115.097.98$138,877
May 202239611,137109.378.43$137,229
Apr 20224789,864104.226.84$117,263
Mar 20223879,837108.885.08$92,073
Feb 20222708,46891.054.86$65,728
Jan 202204,48381.844.54$20,342
Dec 202125471.323.90$1,799
Nov 20210077.435.24$0
Oct 20211506,41379.795.71$48,612
Sep 20211498,89469.865.35$58,000
Aug 2021010,06766.024.22$42,489
Jul 20211387,98170.783.98$41,549
Jun 20211416,82869.493.38$32,881
May 20211369,62563.483.02$37,678
Apr 202109,34260.362.76$25,769
Mar 20211529,47261.302.72$35,052
Feb 20211638,40757.805.55$56,063
Jan 202114711,54950.412.81$39,866
Dec 202016211,64344.642.68$38,382
Nov 202014910,70438.772.71$34,748
Oct 20202949,70336.972.48$34,917
Sep 20201233,81137.091.99$12,150
Aug 20200039.982.39$0
Jul 2020852,10838.371.83$7,109
Jun 2020012,82534.901.69$21,678
May 2020011,03416.921.81$20,024
Apr 2020010,08114.751.80$18,190
Mar 202003,90830.341.86$7,254
Feb 20201405,84449.881.98$18,558
Jan 202014812,00857.252.09$33,627
Dec 201915113,60859.012.30$40,268
Nov 201930613,36455.302.75$53,682
Oct 201915314,61253.472.42$43,521
Sep 201928712,04855.052.66$47,814
Aug 201914512,24053.112.30$35,906
Jul 201929814,99956.272.46$53,667
Jun 201930315,39152.782.49$54,334
May 201930617,19658.482.74$65,017
Apr 201932218,76262.632.75$71,775
Mar 201914412,61856.803.06$46,817
Feb 20192689,67450.852.79$40,640
Jan 201906,98046.033.23$22,533
Dec 201843315,75446.594.19$86,111
Nov 2018010,13952.934.24$42,961
Oct 201814110,04361.443.40$42,790
Sep 201827010,04359.543.11$47,289
Aug 2018011,98959.403.07$36,765
Jul 201828311,74765.142.93$52,875
Jun 201815214,70060.183.08$54,378
May 201830116,04065.382.90$66,208
Apr 201803,96663.842.90$11,505
Mar 201805,78761.222.79$16,127
Feb 20182588,11561.782.77$38,386
Jan 20181115,10262.874.01$27,434
Dec 201714810,16457.272.92$38,170
Nov 201714712,24555.423.12$46,331
Oct 201714412,42249.292.98$44,161
Sep 20171004,34047.523.09$18,151
Aug 201706,38045.373.00$19,168
Jul 201729013,10843.873.09$53,190
Jun 201730514,17642.493.09$56,725
May 201729715,13945.373.26$62,880
Apr 201714912,44947.933.21$47,123
Mar 201715515,29646.772.98$52,888
Feb 201730013,43050.452.95$54,788
Jan 201715915,37649.413.42$60,424
Dec 201629614,15248.763.72$67,118
Nov 201630013,35142.492.64$48,052
Oct 201632114,10246.193.09$58,406
Sep 201629811,39141.553.10$47,701
Aug 201608,46141.442.92$24,743
Jul 201622112,69641.622.92$46,325
Jun 201631612,80445.352.69$48,720
May 201615111,53542.521.99$29,387
Apr 201629910,65636.561.99$32,148
Mar 20161329,21233.011.79$20,884
Feb 201615816,15326.472.06$37,516
Jan 201630415,68827.352.36$45,406
Dec 201515116,19232.362.00$37,293
Nov 201513314,17138.792.17$35,872
Oct 201528613,44043.552.43$45,069
Sep 201514613,05842.992.76$42,296
Aug 201514714,97140.162.87$48,908
Jul 201530118,23148.152.95$68,185
Jun 201529120,29456.152.88$74,844
May 201515213,77655.212.96$49,106
Apr 201531816,45949.822.71$60,390
Mar 201532815,93542.892.93$60,833
Feb 201532720,15344.662.98$74,583
Jan 201506,79243.433.10$21,059
Dec 20141146,71354.693.59$30,343
Nov 20141349,73170.464.25$50,816
Oct 201414114,25878.303.90$66,660
Sep 201414013,17286.164.05$65,349
Aug 20141289,45289.394.04$49,582
Jul 201408,68696.564.18$36,304
Jun 20141258,79298.164.74$53,917
May 201414213,41494.734.73$76,854
Apr 201415016,43695.944.81$93,434
Mar 201414715,24795.895.06$91,197
Feb 201416018,36497.406.19$129,294
Jan 201415720,26590.404.86$112,695
Dec 201329720,09791.824.35$114,783
Nov 201331021,60288.853.74$108,298
Oct 201315221,82197.423.78$97,277
Sep 201345821,937104.113.72$129,238
Aug 201315523,029104.253.52$97,281
Jul 201330324,862102.523.72$123,494
Jun 201331322,92494.403.93$119,717
May 201346525,45994.834.15$149,727
Apr 201316626,00893.964.28$126,979
Mar 201342293.623.91$461
Feb 201306,49291.233.42$22,202
Jan 201326310,04691.603.42$58,447
Dec 201230521,44886.773.42$99,820
Nov 201232024,94786.953.62$118,256
Oct 201232126,54589.383.40$118,935
Sep 201233929,10494.672.92$117,030
Aug 201247728,13992.662.91$126,032
Jul 201215219,64385.133.02$72,277
Jun 2012804,34779.822.52$17,336
May 20121624,03691.612.49$24,884
Apr 201217,948101.652.00$15,972
Mar 201224810,309105.052.22$48,960
Feb 20121179,376101.102.57$35,927
Jan 201227212,11698.092.73$59,807
Dec 201113312,06796.873.24$51,978
Nov 201126012,98595.723.31$67,884
Oct 201112914,70984.983.65$64,629
Sep 201144722,03583.623.99$125,205
Aug 201131624,95783.404.15$129,909
Jul 201130628,20794.144.52$156,225
Jun 201145127,58892.904.64$169,903
May 201146430,04698.134.40$177,880
Apr 201131230,745105.964.33$166,286
Mar 201161832,92096.364.06$193,118
Feb 201131628,46885.644.18$146,058
Jan 201163833,59886.504.59$209,361
Dec 201048843,07285.734.35$229,103
Nov 201026918,44280.843.80$91,739
Oct 2010805,61078.103.51$25,933
Sep 201024715,23372.633.98$78,559
Aug 201027120,81773.684.42$111,965
Jul 201024514,88672.554.74$88,282
Jun 201027020,27970.364.91$118,575
May 201021510,72271.124.24$60,701
Apr 201022911,95781.694.12$68,002
Mar 201038819,20278.394.39$114,687
Feb 201042822,92173.585.44$156,237
Jan 201044426,44774.365.96$190,748
Dec 200927617,95371.445.48$118,167
Nov 200928720,62074.593.75$98,763
Oct 200942822,72172.544.11$124,436
Sep 200929020,81065.543.06$82,784
Aug 20092018,32267.423.22$40,336
Jul 200941922,67161.133.46$104,157
Jun 200928623,20666.163.90$109,309
May 200945328,14154.743.93$135,272
Apr 200943525,02746.773.59$110,129
Mar 200942524,75042.144.06$118,370
Feb 200944221,74632.814.63$115,251
Jan 200945126,04435.865.37$156,055
Dec 200858525,33337.105.98$173,122
Nov 200844025,45355.496.86$199,032
Oct 200843325,61775.246.92$209,899
Sep 200857425,937101.767.88$262,718
Aug 200842427,460114.228.48$281,373
Jul 200856227,244131.0811.39$383,961
Jun 200841023,668131.3313.03$362,302
May 200854626,225123.1711.57$370,787
Apr 200836123,837110.3110.45$289,034
Mar 200859122,279101.909.66$275,529
Feb 200862023,61292.538.77$264,460
Jan 200845621,23890.388.21$215,487
Dec 200742516,10588.337.30$155,138
Nov 200743624,22191.677.29$216,580
Oct 200745726,01282.856.92$217,917
Sep 200751923,91075.846.24$188,659
Aug 200752726,89369.066.39$208,185
Jul 200752624,19770.906.39$191,862
Jun 200726324,39562.007.55$200,450
May 200765925,54158.747.85$239,112
Apr 200744319,31059.617.81$177,126
Mar 200768332,15856.927.30$273,693
Feb 200754727,87455.108.22$259,152
Jan 200777933,28550.306.73$263,087
Dec 200653427,40256.656.92$219,830
Nov 200680633,72154.207.62$300,554
Oct 200666332,03954.906.01$229,075
Sep 200666831,52860.085.04$198,946
Aug 200678534,22768.717.34$305,161
Jul 200671633,33469.376.34$261,098
Jun 200668133,78766.286.38$260,829
May 200667635,56766.016.42$273,141
Apr 200678333,57764.397.36$297,560
Mar 200677834,19956.707.08$286,341
Feb 200668134,66857.597.75$307,935
Jan 200683739,82260.598.93$406,457
Dec 200580937,29254.9413.42$544,734
Nov 20051,05235,91354.6910.59$437,795
Oct 20051,00238,16258.3413.80$584,930
Sep 200593040,71861.4512.08$548,981
Aug 20051,09044,06061.519.80$498,695
Jul 200591746,27055.697.84$413,993
Jun 20051,01745,06352.337.38$385,831
May 20051,21245,26845.226.65$355,891
Apr 200599545,96149.207.36$387,249
Mar 20051,09245,34050.377.15$379,406
Feb 200599442,19645.226.31$311,286
Jan 20051,44047,29243.166.32$361,140
Dec 20041,04249,05539.866.75$372,708
Nov 20041,30150,05045.286.33$375,747
Oct 20041,22953,75349.706.52$411,287
Sep 20041,40248,20543.245.28$315,333
Aug 20041,44158,28342.375.55$384,564
Jul 20041,29148,79938.286.08$346,321
Jun 20041,29852,18936.106.43$382,591
May 20041,15754,55737.486.49$397,689
Apr 20041,26648,58034.475.86$328,243
Mar 20041,53656,16934.365.53$363,399
Feb 20041,15753,22032.455.51$330,767
Jan 20041,53351,41132.036.30$372,973
Dec 20031,13452,66030.266.30$366,159
Nov 20031,34056,75228.804.60$299,377
Oct 20031,37563,26628.174.76$339,857
Sep 20031,54560,28326.314.75$326,955
Aug 20031,56164,28229.765.13$376,204
Jul 20031,35762,75929.415.17$364,426
Jun 20031,33965,13828.565.98$427,960
May 20031,53762,64326.595.97$415,015
Apr 20031,35963,98926.675.41$382,251
Mar 20031,57364,61731.146.10$442,891
Feb 20031,38457,03133.487.93$498,357
Jan 20031,53471,32930.315.58$444,657
Dec 20021,77172,75426.914.85$400,788
Nov 20021,38569,25224.664.14$320,647
Oct 20021,96182,43726.464.23$400,524
Sep 20021,93272,70527.443.64$317,311
Aug 20021,73478,87025.963.16$294,572
Jul 20022,13690,53124.583.06$329,687
Jun 20021,75470,19123.733.34$275,937
May 20021,94777,61924.663.58$326,200
Apr 20022,30581,43923.653.51$340,553
Mar 20022,10386,23022.003.10$313,814
Feb 20022,17283,50118.222.38$237,946
Jan 20022,556106,65217.172.38$297,258
Dec 20012,17489,06616.932.36$247,393
Nov 20012,32285,92618.072.41$248,655
Oct 20013,095105,10219.782.53$327,009
Sep 20012,25086,78324.262.25$249,961
Aug 20013,023132,39524.873.05$479,405
Jul 20013,493137,90723.933.20$524,487
Jun 20013,401148,35324.563.82$650,854
May 20013,559122,54725.524.31$618,675
Apr 20013,699162,23924.685.34$956,888
Mar 20015,081171,62024.545.38$1,047,392
Feb 20014,724185,18327.755.77$1,199,056
Jan 20015,658197,73327.478.40$1,816,137
Dec 20006,674224,46226.889.12$2,227,052
Nov 20006,408243,36232.215.66$1,583,344
Oct 20008,111267,93331.235.15$1,631,956
Sep 20008,277284,95831.875.19$1,741,723
Aug 20009,919318,71129.644.54$1,741,186
Jul 200012,028313,81228.534.09$1,626,571
Jun 200013,442327,15929.304.40$1,832,451
May 200015,995354,10127.263.68$1,739,027
Apr 200013,282274,60024.513.12$1,181,195
Mar 20003,97483,79628.422.86$352,577

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                2,823 Mcf  × $  3.05 =     $8,598

────────────────────────────────────────────────────
Month total                                   $8,598

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. 02/G/177966 is the state's own key, not one this site invented.