WATSON UNIT

Operated by BAR-MAC INVESTMENTS INC. (P-5 49767) 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.

Oil lease lease 22166District 03Field 42493500OilCasinghead gasSaveExport
Value, all time
$350 k
Oct 1993 – Jun 2017
Value, last 12 filed months
$2 k
at the published price for each month
Months reported
285
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 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
OilDisposition4,617 bbl$87,169
Casinghead gasProduction239,846 Mcf$263,087
Total$350,256

173,232 Mcf of this lease's gas, across 39 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 (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
100.0%
1 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
1100.0%
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.
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 4,351 ft.

Completions filed
Oct 1993
1 of 1 wells

1 well

42-0513337014,351 ftOct 1993Yes

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 (285)

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

285 months

Jun 20170042.493.09$0
May 20170045.373.26$0
Apr 20170047.933.21$0
Mar 20170046.772.98$0
Feb 201746050.452.95$2,321
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 20160041.622.92$0
Jun 20160045.352.69$0
May 20160042.521.99$0
Apr 20160036.561.99$0
Mar 20160033.011.79$0
Feb 20160026.472.06$0
Jan 20160027.352.36$0
Dec 20150032.362.00$0
Nov 20150038.792.17$0
Oct 20150043.552.43$0
Sep 20150042.992.76$0
Aug 20150040.162.87$0
Jul 20150048.152.95$0
Jun 20150056.152.88$0
May 20150055.212.96$0
Apr 20150049.822.71$0
Mar 20150042.892.93$0
Feb 20150044.662.98$0
Jan 20150043.433.10$0
Dec 20140054.693.59$0
Nov 20140070.464.25$0
Oct 20140078.303.90$0
Sep 20140086.164.05$0
Aug 20140089.394.04$0
Jul 20140096.564.18$0
Jun 20140098.164.74$0
May 20140094.734.73$0
Apr 20140095.944.81$0
Mar 20140095.895.06$0
Feb 20140097.406.19$0
Jan 20140090.404.86$0
Dec 20130091.824.35$0
Nov 20130088.853.74$0
Oct 20130097.423.78$0
Sep 201300104.113.72$0
Aug 201300104.253.52$0
Jul 201300102.523.72$0
Jun 20130094.403.93$0
May 20130094.834.15$0
Apr 20130093.964.28$0
Mar 20130093.623.91$0
Feb 20130091.233.42$0
Jan 20130091.603.42$0
Dec 20120086.773.42$0
Nov 20120086.953.62$0
Oct 20120089.383.40$0
Sep 20120094.672.92$0
Aug 20120092.662.91$0
Jul 20120085.133.02$0
Jun 20120079.822.52$0
May 20120091.612.49$0
Apr 201200101.652.00$0
Mar 201200105.052.22$0
Feb 201200101.102.57$0
Jan 20120098.092.73$0
Dec 20110096.873.24$0
Nov 20110095.723.31$0
Oct 20110084.983.65$0
Sep 20110083.623.99$0
Aug 20110083.404.15$0
Jul 20110094.144.52$0
Jun 20110092.904.64$0
May 20110098.134.40$0
Apr 201100105.964.33$0
Mar 20110096.364.06$0
Feb 20110085.644.18$0
Jan 20110086.504.59$0
Dec 20100085.734.35$0
Nov 20100080.843.80$0
Oct 20100078.103.51$0
Sep 20100072.633.98$0
Aug 20100073.684.42$0
Jul 20100072.554.74$0
Jun 20100070.364.91$0
May 20100071.124.24$0
Apr 20100081.694.12$0
Mar 20100078.394.39$0
Feb 20100073.585.44$0
Jan 20100074.365.96$0
Dec 20090071.445.48$0
Nov 20090074.593.75$0
Oct 20090072.544.11$0
Sep 20090065.543.06$0
Aug 20090067.423.22$0
Jul 20090061.133.46$0
Jun 20090066.163.90$0
May 20090054.743.93$0
Apr 20090046.773.59$0
Mar 20090042.144.06$0
Feb 20090032.814.63$0
Jan 20090035.865.37$0
Dec 20080037.105.98$0
Nov 20080055.496.86$0
Oct 20080075.246.92$0
Sep 200800101.767.88$0
Aug 200800114.228.48$0
Jul 200800131.0811.39$0
Jun 200800131.3313.03$0
May 2008046123.1711.57$532
Apr 200800110.3110.45$0
Mar 200800101.909.66$0
Feb 20080092.538.77$0
Jan 20080090.388.21$0
Dec 20070088.337.30$0
Nov 20070091.677.29$0
Oct 20070082.856.92$0
Sep 20070075.846.24$0
Aug 20070069.066.39$0
Jul 20070070.906.39$0
Jun 20070062.007.55$0
May 20070058.747.85$0
Apr 20070059.617.81$0
Mar 20070056.927.30$0
Feb 2007027355.108.22$2,243
Jan 2007032250.306.73$2,166
Dec 200617029056.656.92$11,637
Nov 2006030454.207.62$2,316
Oct 2006029054.906.01$1,744
Sep 2006029360.085.04$1,476
Aug 2006031968.717.34$2,341
Jul 2006032969.376.34$2,087
Jun 2006032666.286.38$2,081
May 2006033466.016.42$2,146
Apr 2006030064.397.36$2,208
Mar 2006030056.707.08$2,125
Feb 2006034057.597.75$2,635
Jan 2006034560.598.93$3,082
Dec 2005035054.9413.42$4,695
Nov 2005035554.6910.59$3,759
Oct 2005035058.3413.80$4,829
Sep 2005031761.4512.08$3,829
Aug 2005035461.519.80$3,468
Jul 2005031455.697.84$2,463
Jun 2005035452.337.38$2,613
May 2005035745.226.65$2,374
Apr 2005032549.207.36$2,392
Mar 2005035650.377.15$2,547
Feb 2005132645.226.31$2,103
Jan 2005036343.166.32$2,295
Dec 2004034339.866.75$2,316
Nov 2004036145.286.33$2,285
Oct 2004034549.706.52$2,248
Sep 2004033543.245.28$1,770
Aug 2004038242.375.55$2,120
Jul 2004038938.286.08$2,367
Jun 2004035336.106.43$2,271
May 2004038337.486.49$2,487
Apr 2004038834.475.86$2,273
Mar 2004039834.365.53$2,201
Feb 2004034732.455.51$1,912
Jan 2004040932.036.30$2,577
Dec 2003040630.266.30$2,558
Nov 2003037028.804.60$1,700
Oct 2003041728.174.76$1,985
Sep 2003041526.314.75$1,971
Aug 2003039029.765.13$2,001
Jul 2003042729.415.17$2,208
Jun 2003041328.565.98$2,471
May 2003043126.595.97$2,574
Apr 2003040326.675.41$2,179
Mar 2003041231.146.10$2,512
Feb 200316438533.487.93$8,542
Jan 2003044630.315.58$2,490
Dec 2002045526.914.85$2,208
Nov 2002042824.664.14$1,771
Oct 2002042526.464.23$1,797
Sep 2002035127.443.64$1,276
Aug 2002031325.963.16$990
Jul 2002037524.583.06$1,148
Jun 2002031223.733.34$1,042
May 2002036424.663.58$1,305
Apr 2002041823.653.51$1,468
Mar 2002035822.003.10$1,111
Feb 2002031118.222.38$739
Jan 2002041017.172.38$974
Dec 2001040316.932.36$953
Nov 2001031418.072.41$755
Oct 2001044119.782.53$1,115
Sep 2001027824.262.25$626
Aug 2001035724.873.05$1,090
Jul 2001033523.933.20$1,071
Jun 2001045124.563.82$1,725
May 2001044925.524.31$1,934
Apr 2001043924.685.34$2,342
Mar 2001041424.545.38$2,226
Feb 2001043027.755.77$2,480
Jan 2001043427.478.40$3,645
Dec 2000043426.889.12$3,959
Nov 2000043632.215.66$2,467
Oct 2000048731.235.15$2,506
Sep 2000043531.875.19$2,256
Aug 2000047529.644.54$2,157
Jul 2000019528.534.09$798
Jun 2000059529.304.40$2,616
May 2000066627.263.68$2,451
Apr 2000065424.513.12$2,038
Mar 2000070328.422.86$2,010
Feb 2000057527.622.73$1,568
Jan 2000067425.272.48$1,672
Dec 1999071924.282.42$1,743
Nov 1999071623.192.43$1,743
Oct 1999075920.982.80$2,128
Sep 1999074921.752.62$1,962
Aug 1999078919.262.88$2,269
Jul 1999077417.892.37$1,836
Jun 1999075615.942.36$1,786
May 1999078715.792.32$1,827
Apr 1999077115.102.21$1,702
Mar 1999180712.471.84$1,496
Feb 199907379.981.82$1,340
Jan 1999083210.381.90$1,581
Dec 199818519.201.77$1,518
Nov 1998183710.892.19$1,840
Oct 199816987712.421.97$3,826
Sep 19981187312.592.08$1,957
Aug 19981592611.301.91$1,936
Jul 1998695711.742.24$2,212
Jun 1998592711.242.24$2,130
May 1998499912.622.21$2,255
Apr 1998797713.042.51$2,539
Mar 1998191,02612.802.31$2,613
Feb 1998994313.952.30$2,294
Jan 199881,06814.702.15$2,419
Dec 19978016.322.41$131
Nov 19971,085018.193.09$19,736
Oct 1997141,11319.253.15$3,775
Sep 199781,10217.742.95$3,398
Aug 1997231,15417.862.55$3,359
Jul 1997131,15317.582.25$2,819
Jun 1997131,17217.242.26$2,870
May 1997101,33018.972.31$3,260
Apr 1997141,34917.882.08$3,060
Mar 1997101,43018.951.94$2,962
Feb 199781,34020.492.21$3,120
Jan 19971811,54023.483.54$9,701
Dec 1996121,59023.32$280
Nov 199671,60421.97$154
Oct 199681,73123.31$186
Sep 199681,75622.22$178
Aug 199601,83320.26$0
Jul 1996181,83719.55$352
Jun 1996181,86518.73$337
May 1996212,06319.43$408
Apr 1996101,95221.51$215
Mar 19961822,02719.38$3,527
Feb 1996112,63516.98$187
Jan 1996141,87517.07$239
Dec 1995133,21717.19$223
Nov 1995186,83816.00$288
Oct 199559,09415.43$77
Sep 199577,34316.18$113
Aug 199597,21215.92$143
Jul 19951815,73415.24$2,758
Jun 199596,87316.41$148
May 1995108,50917.56$176
Apr 1995147,11717.73$248
Mar 1995138,27316.44$214
Feb 19951777,45216.58$2,935
Jan 199544,62115.92$64
Dec 199464,31615.03$90
Nov 1994124,17315.90$191
Oct 199464,48715.58$93
Sep 199465,75015.29$92
Aug 19941775,40216.13$2,855
Jul 199453,76617.56$88
Jun 199434,19417.09$51
May 19941836,04515.88$2,906
Apr 199464,49314.14$85
Mar 199455,76212.46$62
Feb 19941844,69512.50$2,300
Jan 19941841,89012.66$2,329
Dec 19931832,88412.33$2,256
Nov 19931774,74914.49$2,565
Oct 19936875,57515.85$10,889

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.

Feb 2017 — as filed, then multipliedworked
Oil                   46 bbl  × $ 50.45 =     $2,321
Casinghead gas         0 Mcf  × $  2.95 =         $0

────────────────────────────────────────────────────
Month total                                   $2,321

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/O/22166 is the state's own key, not one this site invented.