WATTS-GISLER

Name: WATTS-GISLER lease production and value, Apr 2004 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

Operated by UNION GAS OPERATING COMPANY (P-5 876500) in the MISSION VALLEY, W.(WILCOX 10600) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 203502District 02Field 621578302 tax incentive programmesCondensateGasSave Export

Value, all time

$378 k

Apr 2004 – Jun 2023

Value, last 12 filed months

$73

at the published price for each month

Months reported

231

no gaps in the span

Streams

condensate, gas

The MISSION VALLEY, W.(WILCOX 10600) field

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 40 leases and 40 wells, and the rule below applies to all of them.

Discovered

1956-01-13

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 06/01/98.”

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.

Programme	Filings	With an approval date	Dated	Docket
High Cost Gas	1	1	2005-05-25	161586
NGPA	1	none	—	—

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.

Stream	Basis	Volume	Value
Condensate	Disposition	1,069 bbl	$53,713
Gas	Production	46,757 Mcf	$323,864
Total			$377,577

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 28.8871, -97.2116. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.88715, -97.21157 · centre of the wells drawn, derived⌘ or Ctrl + scroll to zoom

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

100.0%

1 of 1 wells

With a plug date

100.0%

1 of 1 wells

Median depth

11,320 ft

1 wells filed one

Completion to plug

17.8 years

median over 1 well

What the state filed about each well

On the RRC proration schedule

1100.0%

A plug date is filed

1100.0%

BothOn the schedule and plugged. Neither fact cancels the other.

1100.0%

NeitherNo plug date, and not on the schedule.

00.0%

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 11,320 ft.

Completions filed

Apr 2004

1 of 1 wells

Plug dates filed

Jan 2022

1 of 1 wells

Last completion to plug: a median of 17.8 years across the 1 well that filed both dates, with the middle half between 17.8 years and 17.8 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well


42-46933809	3	11,320 ft	Apr 2004	Jan 2022	Yes

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 (231)

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

231 months


Jun 2023	0	0	68.96	2.26	$0
May 2023	0	0	70.62	2.23	$0
Apr 2023	0	0	78.12	2.24	$0
Mar 2023	1	0	72.85	2.39	$73
Feb 2023	0	0	75.11	2.47	$0
Jan 2023	0	0	76.53	3.39	$0
Dec 2022	0	0	76.41	5.73	$0
Nov 2022	0	0	85.00	5.65	$0
Oct 2022	0	0	87.18	5.86	$0
Sep 2022	0	0	84.88	8.16	$0
Aug 2022	0	0	94.52	9.13	$0
Jul 2022	0	0	101.58	7.54	$0
Jun 2022	0	0	115.09	7.98	$0
May 2022	0	0	109.37	8.43	$0
Apr 2022	0	0	104.22	6.84	$0
Mar 2022	0	0	108.88	5.08	$0
Feb 2022	0	0	91.05	4.86	$0
Jan 2022	0	0	81.84	4.54	$0
Dec 2021	0	0	71.32	3.90	$0
Nov 2021	0	0	77.43	5.24	$0
Oct 2021	0	0	79.79	5.71	$0
Sep 2021	0	0	69.86	5.35	$0
Aug 2021	0	0	66.02	4.22	$0
Jul 2021	0	0	70.78	3.98	$0
Jun 2021	0	0	69.49	3.38	$0
May 2021	0	0	63.48	3.02	$0
Apr 2021	0	20	60.36	2.76	$55
Mar 2021	0	0	61.30	2.72	$0
Feb 2021	0	0	57.80	5.55	$0
Jan 2021	0	0	50.41	2.81	$0
Dec 2020	0	0	44.64	2.68	$0
Nov 2020	0	0	38.77	2.71	$0
Oct 2020	0	0	36.97	2.48	$0
Sep 2020	0	0	37.09	1.99	$0
Aug 2020	0	0	39.98	2.39	$0
Jul 2020	0	0	38.37	1.83	$0
Jun 2020	0	0	34.90	1.69	$0
May 2020	0	0	16.92	1.81	$0
Apr 2020	0	0	14.75	1.80	$0
Mar 2020	0	0	30.34	1.86	$0
Feb 2020	0	0	49.88	1.98	$0
Jan 2020	0	66	57.25	2.09	$138
Dec 2019	1	80	59.01	2.30	$243
Nov 2019	2	79	55.30	2.75	$328
Oct 2019	1	105	53.47	2.42	$307
Sep 2019	2	77	55.05	2.66	$315
Aug 2019	2	146	53.11	2.30	$443
Jul 2019	2	93	56.27	2.46	$341
Jun 2019	2	93	52.78	2.49	$337
May 2019	3	175	58.48	2.74	$655
Apr 2019	1	66	62.63	2.75	$244
Mar 2019	1	98	56.80	3.06	$357
Feb 2019	4	154	50.85	2.79	$633
Jan 2019	0	226	46.03	3.23	$730
Dec 2018	6	237	46.59	4.19	$1,271
Nov 2018	0	365	52.93	4.24	$1,547
Oct 2018	9	700	61.44	3.40	$2,932
Sep 2018	22	849	59.54	3.11	$3,949
Aug 2018	0	0	59.40	3.07	$0
Jul 2018	0	0	65.14	2.93	$0
Jun 2018	0	0	60.18	3.08	$0
May 2018	0	0	65.38	2.90	$0
Apr 2018	0	0	63.84	2.90	$0
Mar 2018	0	0	61.22	2.79	$0
Feb 2018	0	0	61.78	2.77	$0
Jan 2018	0	0	62.87	4.01	$0
Dec 2017	0	0	57.27	2.92	$0
Nov 2017	0	0	55.42	3.12	$0
Oct 2017	0	0	49.29	2.98	$0
Sep 2017	0	0	47.52	3.09	$0
Aug 2017	0	0	45.37	3.00	$0
Jul 2017	0	0	43.87	3.09	$0
Jun 2017	0	0	42.49	3.09	$0
May 2017	0	0	45.37	3.26	$0
Apr 2017	0	0	47.93	3.21	$0
Mar 2017	0	0	46.77	2.98	$0
Feb 2017	0	0	50.45	2.95	$0
Jan 2017	0	0	49.41	3.42	$0
Dec 2016	0	0	48.76	3.72	$0
Nov 2016	0	0	42.49	2.64	$0
Oct 2016	0	0	46.19	3.09	$0
Sep 2016	0	0	41.55	3.10	$0
Aug 2016	0	0	41.44	2.92	$0
Jul 2016	0	0	41.62	2.92	$0
Jun 2016	0	0	45.35	2.69	$0
May 2016	0	0	42.52	1.99	$0
Apr 2016	0	0	36.56	1.99	$0
Mar 2016	0	0	33.01	1.79	$0
Feb 2016	0	0	26.47	2.06	$0
Jan 2016	0	0	27.35	2.36	$0
Dec 2015	0	0	32.36	2.00	$0
Nov 2015	0	0	38.79	2.17	$0
Oct 2015	0	0	43.55	2.43	$0
Sep 2015	0	0	42.99	2.76	$0
Aug 2015	0	0	40.16	2.87	$0
Jul 2015	0	0	48.15	2.95	$0
Jun 2015	0	0	56.15	2.88	$0
May 2015	0	0	55.21	2.96	$0
Apr 2015	0	0	49.82	2.71	$0
Mar 2015	0	0	42.89	2.93	$0
Feb 2015	0	0	44.66	2.98	$0
Jan 2015	0	0	43.43	3.10	$0
Dec 2014	0	0	54.69	3.59	$0
Nov 2014	0	0	70.46	4.25	$0
Oct 2014	0	0	78.30	3.90	$0
Sep 2014	0	0	86.16	4.05	$0
Aug 2014	0	0	89.39	4.04	$0
Jul 2014	0	0	96.56	4.18	$0
Jun 2014	0	0	98.16	4.74	$0
May 2014	0	0	94.73	4.73	$0
Apr 2014	0	0	95.94	4.81	$0
Mar 2014	0	0	95.89	5.06	$0
Feb 2014	0	0	97.40	6.19	$0
Jan 2014	0	0	90.40	4.86	$0
Dec 2013	0	0	91.82	4.35	$0
Nov 2013	0	0	88.85	3.74	$0
Oct 2013	0	0	97.42	3.78	$0
Sep 2013	0	0	104.11	3.72	$0
Aug 2013	0	0	104.25	3.52	$0
Jul 2013	0	0	102.52	3.72	$0
Jun 2013	0	0	94.40	3.93	$0
May 2013	0	0	94.83	4.15	$0
Apr 2013	0	0	93.96	4.28	$0
Mar 2013	0	0	93.62	3.91	$0
Feb 2013	0	0	91.23	3.42	$0
Jan 2013	0	0	91.60	3.42	$0
Dec 2012	0	0	86.77	3.42	$0
Nov 2012	0	0	86.95	3.62	$0
Oct 2012	0	0	89.38	3.40	$0
Sep 2012	0	0	94.67	2.92	$0
Aug 2012	0	0	92.66	2.91	$0
Jul 2012	0	0	85.13	3.02	$0
Jun 2012	0	0	79.82	2.52	$0
May 2012	0	0	91.61	2.49	$0
Apr 2012	0	2	101.65	2.00	$4
Mar 2012	0	12	105.05	2.22	$27
Feb 2012	0	0	101.10	2.57	$0
Jan 2012	0	0	98.09	2.73	$0
Dec 2011	0	0	96.87	3.24	$0
Nov 2011	0	0	95.72	3.31	$0
Oct 2011	0	1	84.98	3.65	$4
Sep 2011	0	0	83.62	3.99	$0
Aug 2011	0	0	83.40	4.15	$0
Jul 2011	0	2	94.14	4.52	$9
Jun 2011	0	0	92.90	4.64	$0
May 2011	0	0	98.13	4.40	$0
Apr 2011	0	0	105.96	4.33	$0
Mar 2011	0	0	96.36	4.06	$0
Feb 2011	0	0	85.64	4.18	$0
Jan 2011	0	0	86.50	4.59	$0
Dec 2010	0	0	85.73	4.35	$0
Nov 2010	0	28	80.84	3.80	$106
Oct 2010	0	12	78.10	3.51	$42
Sep 2010	0	13	72.63	3.98	$52
Aug 2010	0	3	73.68	4.42	$13
Jul 2010	0	13	72.55	4.74	$62
Jun 2010	0	4	70.36	4.91	$20
May 2010	0	44	71.12	4.24	$186
Apr 2010	0	16	81.69	4.12	$66
Mar 2010	0	12	78.39	4.39	$53
Feb 2010	0	10	73.58	5.44	$54
Jan 2010	0	21	74.36	5.96	$125
Dec 2009	0	36	71.44	5.48	$197
Nov 2009	0	20	74.59	3.75	$75
Oct 2009	0	11	72.54	4.11	$45
Sep 2009	0	21	65.54	3.06	$64
Aug 2009	1	68	67.42	3.22	$286
Jul 2009	0	21	61.13	3.46	$73
Jun 2009	0	24	66.16	3.90	$93
May 2009	1	63	54.74	3.93	$302
Apr 2009	1	38	46.77	3.59	$183
Mar 2009	1	70	42.14	4.06	$326
Feb 2009	0	28	32.81	4.63	$130
Jan 2009	2	122	35.86	5.37	$727
Dec 2008	5	239	37.10	5.98	$1,614
Nov 2008	1	97	55.49	6.86	$721
Oct 2008	3	186	75.24	6.92	$1,513
Sep 2008	3	190	101.76	7.88	$1,802
Aug 2008	3	201	114.22	8.48	$2,048
Jul 2008	1	30	131.08	11.39	$473
Jun 2008	2	156	131.33	13.03	$2,296
May 2008	2	137	123.17	11.57	$1,832
Apr 2008	1	45	110.31	10.45	$581
Mar 2008	4	179	101.90	9.66	$2,137
Feb 2008	4	178	92.53	8.77	$1,931
Jan 2008	1	75	90.38	8.21	$706
Dec 2007	4	210	88.33	7.30	$1,887
Nov 2007	3	215	91.67	7.29	$1,843
Oct 2007	1	64	82.85	6.92	$526
Sep 2007	0	151	75.84	6.24	$943
Aug 2007	0	150	69.06	6.39	$958
Jul 2007	5	0	70.90	6.39	$355
Jun 2007	0	429	62.00	7.55	$3,238
May 2007	1	274	58.74	7.85	$2,209
Apr 2007	6	207	59.61	7.81	$1,973
Mar 2007	16	823	56.92	7.30	$6,920
Feb 2007	14	487	55.10	8.22	$4,773
Jan 2007	16	571	50.30	6.73	$4,646
Dec 2006	13	468	56.65	6.92	$3,974
Nov 2006	19	538	54.20	7.62	$5,128
Oct 2006	18	592	54.90	6.01	$4,548
Sep 2006	16	584	60.08	5.04	$3,903
Aug 2006	17	622	68.71	7.34	$5,734
Jul 2006	14	314	69.37	6.34	$2,963
Jun 2006	14	660	66.28	6.38	$5,141
May 2006	13	697	66.01	6.42	$5,336
Apr 2006	17	758	64.39	7.36	$6,674
Mar 2006	15	724	56.70	7.08	$5,979
Feb 2006	18	751	57.59	7.75	$6,858
Jan 2006	17	569	60.59	8.93	$6,113
Dec 2005	18	589	54.94	13.42	$8,891
Nov 2005	19	820	54.69	10.59	$9,722
Oct 2005	22	767	58.34	13.80	$11,865
Sep 2005	25	1,102	61.45	12.08	$14,847
Aug 2005	22	974	61.51	9.80	$10,895
Jul 2005	18	1,070	55.69	7.84	$9,395
Jun 2005	22	874	52.33	7.38	$7,602
May 2005	27	1,030	45.22	6.65	$8,072
Apr 2005	24	987	49.20	7.36	$8,446
Mar 2005	34	3,165	50.37	7.15	$24,358
Feb 2005	27	684	45.22	6.31	$5,538
Jan 2005	29	906	43.16	6.32	$6,980
Dec 2004	38	1,960	39.86	6.75	$14,747
Nov 2004	39	1,482	45.28	6.33	$11,148
Oct 2004	21	2,245	49.70	6.52	$15,670
Sep 2004	22	930	43.24	5.28	$5,865
Aug 2004	29	882	42.37	5.55	$6,124
Jul 2004	32	1,125	38.28	6.08	$8,070
Jun 2004	66	1,135	36.10	6.43	$9,684
May 2004	114	4,445	37.48	6.49	$33,141
Apr 2004	69	2,670	34.47	5.86	$18,021

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.

Mar 2023 — as filed, then multipliedworked

Condensate             1 bbl  × $ 72.85 =        $73
Gas                    0 Mcf  × $  2.39 =         $0

────────────────────────────────────────────────────
Month total                                      $73

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/203502 is the state's own key, not one this site invented.