WATSON UNIT

Operated by ERNEST OPERATING COMPANY (P-5 253480) in the HOOKER CREEK (NAVARRO A) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 227025District 03Field 42493500CondensateGasSaveExport
Value, all time
$157 k
Mar 2007 – May 2026
Value, last 12 filed months
$3 k
at the published price for each month
Months reported
231
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 195 leases and 261 wells, and the rule below applies to all of them.

Discovered
1980-07-29
as the register files it
Field class
Oil and gas
the register's own label
Between wells
no field rule filed
From a lease line
no field rule filed

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
CondensateDisposition504 bbl$35,354
GasProduction25,812 Mcf$121,671
Total$157,025

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 30.4399, -96.8481. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

30.43994, -96.84808 · 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
4,351 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 4,351 ft.

Completions filed
Oct 1993
1 of 1 wells

1 well

42-0513337014,351 ftOct 1993

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

May 2026158106.413.05$283
Apr 202603998.932.87$112
Mar 202605189.753.15$161
Feb 202605963.503.75$221
Jan 202604659.138.00$368
Dec 202505056.664.41$221
Nov 202504058.593.93$157
Oct 202504759.383.30$155
Sep 202506262.743.08$191
Aug 202506463.933.01$193
Jul 202506666.743.32$219
Jun 202507466.483.13$232
May 20250060.553.23$0
Apr 202508862.363.54$312
Mar 202507667.704.27$324
Feb 202506270.884.34$269
Jan 20250074.324.28$0
Dec 202403568.993.12$109
Nov 20240069.052.20$0
Oct 202403971.372.28$89
Sep 202405169.612.36$121
Aug 202406375.632.06$130
Jul 202404179.932.15$88
Jun 202403778.082.63$97
May 202404278.812.20$92
Apr 202401084.451.66$17
Mar 202408080.301.55$124
Feb 202405076.091.78$89
Jan 202402573.023.30$82
Dec 202304471.262.61$115
Nov 202304177.892.81$115
Oct 202302985.443.09$90
Sep 202304389.042.74$118
Aug 202305580.522.67$147
Jul 202305074.852.64$132
Jun 202302868.962.26$63
May 202303570.622.23$78
Apr 202302378.122.24$51
Mar 202302572.852.39$60
Feb 202302275.112.47$54
Jan 202302076.533.39$68
Dec 202201076.415.73$57
Nov 202202785.005.65$152
Oct 202204287.185.86$246
Sep 202204584.888.16$367
Aug 202204794.529.13$429
Jul 2022050101.587.54$377
Jun 2022068115.097.98$542
May 2022058109.378.43$489
Apr 2022073104.226.84$499
Mar 2022098108.885.08$497
Feb 202207891.054.86$379
Jan 202207381.844.54$331
Dec 202107471.323.90$289
Nov 202108077.435.24$419
Oct 202107579.795.71$429
Sep 202108469.865.35$449
Aug 2021010566.024.22$443
Jul 202107670.783.98$303
Jun 202106969.493.38$233
May 202108063.483.02$241
Apr 202107860.362.76$215
Mar 2021011561.302.72$312
Feb 202104157.805.55$227
Jan 202106650.412.81$185
Dec 2020010044.642.68$268
Nov 2020010338.772.71$279
Oct 2020011836.972.48$292
Sep 202008137.091.99$161
Aug 2020011639.982.39$277
Jul 2020010538.371.83$192
Jun 202008734.901.69$147
May 202009316.921.81$169
Apr 2020010314.751.80$186
Mar 2020011730.341.86$217
Feb 2020011049.881.98$218
Jan 2020012557.252.09$262
Dec 2019010859.012.30$249
Nov 2019010555.302.75$289
Oct 201909653.472.42$232
Sep 201906655.052.66$175
Aug 201907553.112.30$173
Jul 20191607356.272.46$9,183
Jun 201908552.782.49$212
May 201902058.482.74$55
Apr 201907062.632.75$193
Mar 201908556.803.06$260
Feb 2019010050.852.79$279
Jan 201909746.033.23$313
Dec 201809046.594.19$377
Nov 2018010552.934.24$445
Oct 201809961.443.40$336
Sep 2018010459.543.11$323
Aug 2018010059.403.07$307
Jul 2018011465.142.93$334
Jun 2018011860.183.08$363
May 2018012165.382.90$351
Apr 2018011463.842.90$331
Mar 2018010561.222.79$293
Feb 2018010661.782.77$293
Jan 201809762.874.01$389
Dec 2017011557.272.92$336
Nov 201704155.423.12$128
Oct 201703449.292.98$101
Sep 201701447.523.09$43
Aug 201701645.373.00$48
Jul 201702443.873.09$74
Jun 201703042.493.09$93
May 201702645.373.26$85
Apr 201704347.933.21$138
Mar 201703046.772.98$90
Feb 201702850.452.95$83
Jan 20170049.413.42$0
Dec 20160048.763.72$0
Nov 20160042.492.64$0
Oct 20160046.193.09$0
Sep 20160041.553.10$0
Aug 20160041.442.92$0
Jul 201601541.622.92$44
Jun 20160245.352.69$5
May 20160142.521.99$2
Apr 20160236.561.99$4
Mar 20160333.011.79$5
Feb 201607226.472.06$149
Jan 201607127.352.36$168
Dec 201509632.362.00$192
Nov 201507838.792.17$169
Oct 20150143.552.43$2
Sep 201508842.992.76$243
Aug 201508740.162.87$250
Jul 201508448.152.95$247
Jun 201509456.152.88$271
May 201509455.212.96$278
Apr 2015010449.822.71$281
Mar 2015010342.892.93$302
Feb 201509844.662.98$292
Jan 2015010543.433.10$326
Dec 2014010854.693.59$388
Nov 2014011170.464.25$472
Oct 2014010878.303.90$421
Sep 201409786.164.05$392
Aug 2014011389.394.04$456
Jul 2014010896.564.18$451
Jun 201417211598.164.74$17,428
May 2014011394.734.73$534
Apr 2014011295.944.81$539
Mar 2014011895.895.06$597
Feb 2014010297.406.19$632
Jan 20140090.404.86$0
Dec 201308391.824.35$361
Nov 201308888.853.74$329
Oct 2013012897.423.78$484
Sep 20130127104.113.72$472
Aug 20130117104.253.52$412
Jul 20130126102.523.72$468
Jun 2013018694.403.93$732
May 2013016994.834.15$701
Apr 201308393.964.28$355
Mar 2013014593.623.91$567
Feb 2013015391.233.42$523
Jan 2013012891.603.42$438
Dec 2012015386.773.42$523
Nov 2012015786.953.62$569
Oct 2012015889.383.40$537
Sep 2012016394.672.92$476
Aug 2012012392.662.91$358
Jul 2012016285.133.02$489
Jun 2012012679.822.52$317
May 2012016291.612.49$403
Apr 20120163101.652.00$325
Mar 20120152105.052.22$338
Feb 20120157101.102.57$404
Jan 2012016998.092.73$462
Dec 2011014996.873.24$483
Nov 2011016695.723.31$550
Oct 2011016284.983.65$591
Sep 2011017083.623.99$678
Aug 2011016783.404.15$693
Jul 2011016794.144.52$754
Jun 2011020092.904.64$928
May 2011028298.134.40$1,242
Apr 201100105.964.33$0
Mar 20110096.364.06$0
Feb 201105485.644.18$226
Jan 2011019486.504.59$890
Dec 2010019585.734.35$848
Nov 2010017780.843.80$672
Oct 2010020078.103.51$702
Sep 2010020372.633.98$808
Aug 2010025073.684.42$1,105
Jul 2010028772.554.74$1,359
Jun 20100070.364.91$0
May 201002971.124.24$123
Apr 2010011481.694.12$470
Mar 2010018078.394.39$790
Feb 2010017673.585.44$958
Jan 2010019174.365.96$1,139
Dec 2009023071.445.48$1,261
Nov 2009023374.593.75$874
Oct 2009023472.544.11$962
Sep 2009022465.543.06$687
Aug 2009024467.423.22$785
Jul 2009025861.133.46$894
Jun 2009026766.163.90$1,040
May 200917122354.743.93$10,236
Apr 2009025746.773.59$922
Mar 2009026742.144.06$1,084
Feb 2009023832.814.63$1,103
Jan 2009026335.865.37$1,413
Dec 2008024537.105.98$1,464
Nov 2008024555.496.86$1,681
Oct 2008027975.246.92$1,931
Sep 20080244101.767.88$1,922
Aug 20080254114.228.48$2,155
Jul 20080282131.0811.39$3,212
Jun 20080280131.3313.03$3,649
May 20080281123.1711.57$3,252
Apr 20080259110.3110.45$2,708
Mar 20080285101.909.66$2,754
Feb 2008026592.538.77$2,324
Jan 2008027490.388.21$2,248
Dec 2007028588.337.30$2,081
Nov 2007028991.677.29$2,107
Oct 2007029482.856.92$2,035
Sep 2007026275.846.24$1,636
Aug 2007029069.066.39$1,853
Jul 2007029970.906.39$1,910
Jun 2007027162.007.55$2,046
May 2007029858.747.85$2,338
Apr 2007029259.617.81$2,279
Mar 2007031356.927.30$2,286

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             1 bbl  × $106.41 =       $106
Gas                   58 Mcf  × $  3.05 =       $177

────────────────────────────────────────────────────
Month total                                     $283

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. 03/G/227025 is the state's own key, not one this site invented.