WATTS-GISLER

Operated by FIELD PETROLEUM CORP. (P-5 266906) 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 203504District 02Field 621578302 tax incentive programmesCondensateGasSaveExport
Value, all time
$24.3 M
May 2004 – May 2026
Value, last 12 filed months
$7 k
at the published price for each month
Months reported
265
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 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.

ProgrammeFilingsWith an approval dateDatedDocket
High Cost Gas112005-05-18161588
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
CondensateDisposition81,627 bbl$5,987,861
GasProduction3,209,989 Mcf$18,298,082
Total$24,285,943

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 28.8959, -97.1957. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.89591, -97.19573 · 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
10,160 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 10,160 ft.

Completions filed
Mar 2025
1 of 1 wells

1 well

42-46933827210,160 ftMar 2025

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 (265)

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

265 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 202598066.743.32$6,541
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 2025023074.324.28$984
Dec 202408,39968.993.12$26,216
Nov 2024011,81669.052.20$25,977
Oct 202409,88071.372.28$22,540
Sep 202417710,43269.612.36$36,986
Aug 202415512,33775.632.06$37,182
Jul 202434916,73779.932.15$63,823
Jun 202440116,64278.082.63$75,145
May 202450119,58878.812.20$82,547
Apr 202448320,01384.451.66$73,995
Mar 202439420,85980.301.55$63,868
Feb 202458923,18176.091.78$86,164
Jan 202458327,71073.023.30$133,949
Dec 202377327,73971.262.61$127,503
Nov 202369328,73277.892.81$134,645
Oct 202367433,69085.443.09$161,597
Sep 202365035,41789.042.74$154,743
Aug 20231,12241,86280.522.67$202,236
Jul 202352034,51074.852.64$130,091
Jun 202315917,27268.962.26$49,973
May 202329511,95670.622.23$47,464
Apr 202377240,31178.122.24$150,515
Mar 20231,34253,84672.852.39$226,627
Feb 20231,28453,82275.112.47$229,149
Jan 20231,41852,18176.533.39$285,294
Dec 20221,51456,07776.415.73$436,954
Nov 20221,58961,15085.005.65$480,330
Oct 20221,67361,10487.185.86$504,151
Sep 20221,71871,52484.888.16$729,723
Aug 20222,72383,54994.529.13$1,019,943
Jul 20222,51284,332101.587.54$891,208
Jun 20223,16983,024115.097.98$1,027,019
May 20223,38694,494109.378.43$1,167,199
Apr 20224,34588,615104.226.84$1,058,750
Mar 20222,44861,076108.885.08$576,584
Feb 202249915,12191.054.86$118,904
Jan 202201,12181.844.54$5,087
Dec 202101,49471.323.90$5,825
Nov 202101,49177.435.24$7,808
Oct 2021381,72079.795.71$12,860
Sep 2021342,13969.865.35$13,821
Aug 202102,26566.024.22$9,560
Jul 2021361,93270.783.98$10,241
Jun 2021421,90169.493.38$9,345
May 2021312,05963.483.02$8,181
Apr 202102,01060.362.76$5,544
Mar 2021372,12461.302.72$8,039
Feb 2021381,84257.805.55$12,416
Jan 2021302,19750.412.81$7,686
Dec 2020322,13044.642.68$7,127
Nov 2020332,20238.772.71$7,239
Oct 2020662,02836.972.48$7,466
Sep 2020782,25437.091.99$7,381
Aug 20201832,31239.982.39$12,831
Jul 20201022,37038.371.83$8,239
Jun 202002,23934.901.69$3,785
May 202002,26916.921.81$4,118
Apr 202002,35814.751.80$4,255
Mar 202002,40830.341.86$4,470
Feb 2020572,20949.881.98$7,218
Jan 2020332,39457.252.09$6,904
Dec 2019282,39959.012.30$7,180
Nov 2019582,35855.302.75$9,694
Oct 2019302,67453.472.42$8,071
Sep 2019622,41655.052.66$9,833
Aug 2019302,35453.112.30$7,018
Jul 2019572,68456.272.46$9,810
Jun 2019592,78852.782.49$10,059
May 2019512,64958.482.74$10,242
Apr 2019392,12962.632.75$8,299
Mar 2019342,75256.803.06$10,358
Feb 2019943,16950.852.79$13,628
Jan 201903,29946.033.23$10,650
Dec 20181123,81746.594.19$21,194
Nov 201802,14152.934.24$9,072
Oct 2018301,97061.443.40$8,537
Sep 2018782,72259.543.11$13,104
Aug 201801,41459.403.07$4,336
Jul 2018762,51065.142.93$12,310
Jun 2018322,50860.183.08$9,643
May 2018592,50965.382.90$11,136
Apr 201802,13663.842.90$6,196
Mar 201802,25561.222.79$6,284
Feb 20181063,10461.782.77$15,135
Jan 2018703,00962.874.01$16,465
Dec 2017432,79257.272.92$10,619
Nov 2017372,88755.423.12$11,053
Oct 2017332,64249.292.98$9,509
Sep 2017833,33347.523.09$14,234
Aug 201702,31545.373.00$6,955
Jul 2017702,94243.873.09$12,154
Jun 2017602,62042.493.09$10,638
May 2017683,25845.373.26$13,717
Apr 2017352,68447.933.21$10,297
Mar 2017292,69746.772.98$9,403
Feb 2017672,82550.452.95$11,721
Jan 2017363,24249.413.42$12,863
Dec 2016562,49348.763.72$12,012
Nov 2016622,59342.492.64$9,491
Oct 2016622,55846.193.09$10,769
Sep 2016832,96141.553.10$12,630
Aug 201602,99241.442.92$8,750
Jul 2016492,63741.622.92$9,751
Jun 2016582,19645.352.69$8,528
May 2016342,42242.521.99$6,268
Apr 2016772,55936.561.99$7,910
Mar 2016452,94933.011.79$6,776
Feb 2016292,78026.472.06$6,505
Jan 2016663,17927.352.36$9,321
Dec 2015303,01332.362.00$7,001
Nov 2015494,87238.792.17$12,460
Oct 2015783,45143.552.43$11,771
Sep 2015403,34842.992.76$10,955
Aug 2015343,30040.162.87$10,845
Jul 2015653,69448.152.95$14,009
Jun 2015714,62156.152.88$17,308
May 2015332,81855.212.96$10,150
Apr 2015552,68149.822.71$9,996
Mar 2015502,30842.892.93$8,918
Feb 2015502,87044.662.98$10,775
Jan 201503,16543.433.10$9,813
Dec 2014774,22854.693.59$19,395
Nov 2014523,54370.464.25$18,728
Oct 2014423,97778.303.90$18,803
Sep 2014433,83286.164.05$19,207
Aug 2014563,83289.394.04$20,468
Jul 201403,96596.564.18$16,572
Jun 2014583,84698.164.74$23,911
May 2014474,16294.734.73$24,124
Apr 2014394,01695.944.81$23,055
Mar 2014403,89195.895.06$23,512
Feb 2014343,69997.406.19$26,216
Jan 2014323,81690.404.86$21,441
Dec 2013654,09891.824.35$23,813
Nov 2013644,22588.853.74$21,481
Oct 2013344,59297.423.78$20,667
Sep 2013954,264104.113.72$25,743
Aug 2013334,540104.253.52$19,433
Jul 2013685,093102.523.72$25,906
Jun 2013604,09494.403.93$21,767
May 2013984,95294.834.15$29,840
Apr 2013284,21393.964.28$20,673
Mar 20133593,72393.623.91$48,177
Feb 201303,75191.233.42$12,828
Jan 20131113,93291.603.42$23,615
Dec 2012654,27986.773.42$20,275
Nov 2012574,20886.953.62$20,210
Oct 2012524,06289.383.40$18,457
Sep 2012473,87794.672.92$15,764
Aug 2012764,24492.662.91$19,384
Jul 2012364,40485.133.02$16,368
Jun 20121035,29779.822.52$21,565
May 20122315,44591.612.49$34,711
Apr 201204,280101.652.00$8,546
Mar 20121305,052105.052.22$24,882
Feb 2012705,279101.102.57$20,645
Jan 20121084,55398.092.73$23,042
Dec 2011564,86596.873.24$21,186
Nov 20111095,16795.723.31$27,543
Oct 2011565,94884.983.65$26,460
Sep 20111155,28483.623.99$30,677
Aug 2011644,75783.404.15$25,076
Jul 2011635,45594.144.52$30,572
Jun 2011965,48792.904.64$34,377
May 2011915,51098.134.40$33,200
Apr 2011605,544105.964.33$30,381
Mar 20111276,30696.364.06$37,823
Feb 2011564,67685.644.18$24,341
Jan 20111125,50086.504.59$34,926
Dec 2010675,52085.734.35$29,743
Nov 2010996,37980.843.80$32,214
Oct 20101026,75278.103.51$31,658
Sep 20101216,95872.633.98$36,477
Aug 2010926,62773.684.42$36,066
Jul 20101196,74472.554.74$40,576
Jun 2010966,73870.364.91$39,841
May 20101496,92571.124.24$39,926
Apr 20101366,64781.694.12$38,513
Mar 20101657,61978.394.39$46,372
Feb 20101266,32073.585.44$43,667
Jan 20101176,51574.365.96$47,556
Dec 2009916,55871.445.48$42,463
Nov 2009796,29174.593.75$29,493
Oct 20091237,23372.544.11$38,652
Sep 2009766,02565.543.06$23,446
Aug 20091727,70267.423.22$36,385
Jul 20091337,99661.133.46$35,832
Jun 2009847,79966.163.90$35,935
May 20091027,26754.743.93$34,112
Apr 20091238,05246.773.59$34,639
Mar 20091298,56242.144.06$40,189
Feb 20091347,50132.814.63$39,149
Jan 20091238,28935.865.37$48,931
Dec 20081728,67537.105.98$58,233
Nov 20081308,80155.496.86$67,592
Oct 20081369,42075.246.92$75,438
Sep 20081859,775101.767.88$95,824
Aug 200814110,655114.228.48$106,492
Jul 200819611,071131.0811.39$151,784
Jun 200815717,885131.3313.03$253,707
May 200821111,803123.1711.57$162,600
Apr 200820716,071110.3110.45$190,854
Mar 200836017,466101.909.66$205,477
Feb 200833015,80992.538.77$169,189
Jan 20081166,79090.388.21$66,201
Dec 20071416,71388.337.30$61,473
Nov 20071319,16391.677.29$78,823
Oct 2007976,94382.856.92$56,096
Sep 20072329,35275.846.24$75,990
Aug 20072359,10969.066.39$74,417
Jul 200723511,00070.906.39$86,929
Jun 200711712,33262.007.55$100,341
May 20072948,72158.747.85$85,697
Apr 200712811,51559.617.81$97,507
Mar 200725413,19756.927.30$110,822
Feb 20072019,84555.108.22$91,962
Jan 200717110,92050.306.73$82,059
Dec 200621813,89256.656.92$108,461
Nov 200630912,39454.207.62$111,159
Oct 200627518,36454.906.01$125,535
Sep 200627013,58660.085.04$84,657
Aug 20063449,49768.717.34$93,343
Jul 200622017,20469.376.34$124,382
Jun 200644218,48966.286.38$147,327
May 200644018,76866.016.42$149,629
Apr 200648219,22164.397.36$172,512
Mar 200653426,25156.707.08$216,212
Feb 200652821,63757.597.75$198,119
Jan 200667326,69760.598.93$279,270
Dec 200589033,12154.9413.42$493,228
Nov 200565017,64054.6910.59$222,328
Oct 200548717,25058.3413.80$266,388
Sep 200555520,29761.4512.08$279,272
Aug 200557820,57761.519.80$237,142
Jul 200558022,74655.697.84$210,712
Jun 200565422,69952.337.38$201,766
May 200583323,12345.226.65$191,463
Apr 200563421,76549.207.36$191,394
Mar 200577524,16750.377.15$211,949
Feb 200569425,59045.226.31$192,905
Jan 20051,16332,23543.166.32$253,991
Dec 200481833,22639.866.75$256,917
Nov 20041,13235,46545.286.33$275,765
Oct 20041,21132,59849.706.52$272,566
Sep 20041,61744,80043.245.28$306,638
Aug 20041,88060,25142.375.55$414,088
Jul 20042,42677,28138.286.08$563,059
Jun 20043,651114,20236.106.43$866,465
May 20042,09455,98437.486.49$442,076

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.

Jul 2025 — as filed, then multipliedworked
Condensate            98 bbl  × $ 66.74 =     $6,541
Gas                    0 Mcf  × $  3.32 =         $0

────────────────────────────────────────────────────
Month total                                   $6,541

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/203504 is the state's own key, not one this site invented.