WATSON, M. L. GU #1

Operated by ATLAS OPERATING LLC (P-5 36587) in the MARSTERS, N.E. field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 120546District 05Field 57733100NGPA filingCondensateGasSaveExport
Value, all time
$2.8 M
Jan 1993 – May 2026
Value, last 12 filed months
$71 k
at the published price for each month
Months reported
401
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 39 leases and 39 wells, and the rule below applies to all of them.

Discovered
1985-12-19
as the register files it
Field class
Gas
the register's own label
Between wells
1,320 ft
minimum
From a lease line
660 ft
minimum

A drilling unit in this field needs at least 160 acres. The field rule took effect on 1994-03-21.

The Commission's schedule remark for this field reads: PER DOCKET #05-0204338.

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
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
CondensateDisposition1,685 bbl$67,748
GasProduction835,439 Mcf$2,745,991
Total$2,813,740

221,289 Mcf of this lease's gas, across 48 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 31.8666, -96.1312. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.86660, -96.13116 · 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
100.0%
1 of 1 wells
Median depth
11,989 ft
1 wells filed one
Completion to plug
1 well filed both, dated out of order

What the state filed about each well

On the RRC proration schedule
00.0%
A plug date is filed
1100.0%
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 11,989 ft.

Completions filed
Dec 1985
1 of 1 wells
Plug dates filed
Nov 1984
1 of 1 wells

Last completion to plug: no median is published. 1 well on this lease filed both dates, and on that one the last completion is dated after the plug date, so there is no interval to take a median of. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-16130951211,989 ftDec 1985Nov 1984

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 (401)

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

401 months

May 202600106.413.05$0
Apr 2026090898.932.87$2,606
Mar 202601,09689.753.15$3,452
Feb 2026097963.503.75$3,672
Jan 202601,35559.138.00$10,837
Dec 202501,33656.664.41$5,896
Nov 202501,17158.593.93$4,598
Oct 202501,70459.383.30$5,631
Sep 202502,48762.743.08$7,652
Aug 202503,42463.933.01$10,323
Jul 202502,05766.743.32$6,819
Jun 202503,03066.483.13$9,480
May 202502,61160.553.23$8,440
Apr 202502,61762.363.54$9,272
Mar 202502,06067.704.27$8,793
Feb 202501,56170.884.34$6,776
Jan 2025088374.324.28$3,778
Dec 202401,42768.993.12$4,454
Nov 202402,01869.052.20$4,436
Oct 202401,35571.372.28$3,091
Sep 202401,24569.612.36$2,944
Aug 202401,75175.632.06$3,613
Jul 202401,53179.932.15$3,286
Jun 202402,22978.082.63$5,871
May 202402,63778.812.20$5,797
Apr 202402,09184.451.66$3,469
Mar 202402,28180.301.55$3,524
Feb 202402,85576.091.78$5,092
Jan 202402,68773.023.30$8,861
Dec 202302,83071.262.61$7,388
Nov 202301,31377.892.81$3,686
Oct 2023085385.443.09$2,633
Sep 202302,66089.042.74$7,275
Aug 202301,64180.522.67$4,386
Jul 202302,66074.852.64$7,027
Jun 202302,90768.962.26$6,565
May 202302,82470.622.23$6,290
Apr 202301,78378.122.24$3,990
Mar 202304,05172.852.39$9,695
Feb 202303,52875.112.47$8,699
Jan 202305,50076.533.39$18,632
Dec 202205,80476.415.73$33,252
Nov 202204,61285.005.65$26,040
Oct 202207,55687.185.86$44,307
Sep 202206,24484.888.16$50,974
Aug 202204,97894.529.13$45,435
Jul 202201,428101.587.54$10,770
Jun 202204,039115.097.98$32,220
May 202205,700109.378.43$48,068
Apr 202204,381104.226.84$29,956
Mar 202204,520108.885.08$22,945
Feb 2022076691.054.86$3,722
Jan 2022076481.844.54$3,467
Dec 2021082071.323.90$3,197
Nov 2021072277.435.24$3,781
Oct 2021085379.795.71$4,874
Sep 2021081669.865.35$4,366
Aug 2021085266.024.22$3,596
Jul 2021086170.783.98$3,429
Jun 2021080769.493.38$2,728
May 2021081963.483.02$2,471
Apr 2021080560.362.76$2,221
Mar 2021087761.302.72$2,383
Feb 2021031557.805.55$1,748
Jan 2021085950.412.81$2,414
Dec 2020097244.642.68$2,601
Nov 2020069338.772.71$1,876
Oct 2020080436.972.48$1,993
Sep 2020082837.091.99$1,649
Aug 2020085639.982.39$2,042
Jul 2020082738.371.83$1,509
Jun 2020082434.901.69$1,393
May 2020087016.921.81$1,579
Apr 2020082414.751.80$1,487
Mar 2020083430.341.86$1,548
Feb 2020076549.881.98$1,515
Jan 2020077757.252.09$1,628
Dec 2019090859.012.30$2,092
Nov 2019066355.302.75$1,824
Oct 2019080053.472.42$1,935
Sep 2019085755.052.66$2,277
Aug 2019086553.112.30$1,993
Jul 2019073756.272.46$1,813
Jun 2019078152.782.49$1,946
May 2019083258.482.74$2,280
Apr 2019080062.632.75$2,201
Mar 2019075756.803.06$2,318
Feb 2019065150.852.79$1,818
Jan 2019075646.033.23$2,441
Dec 2018086846.594.19$3,633
Nov 2018081752.934.24$3,462
Oct 2018086461.443.40$2,936
Sep 2018093959.543.11$2,918
Aug 201801,11059.403.07$3,404
Jul 201801,11865.142.93$3,278
Jun 201801,00660.183.08$3,095
May 201801,06965.382.90$3,101
Apr 201801,24163.842.90$3,600
Mar 201801,44561.222.79$4,027
Feb 201801,02761.782.77$2,841
Jan 2018098662.874.01$3,953
Dec 2017083557.272.92$2,439
Nov 2017084955.423.12$2,647
Oct 2017085649.292.98$2,554
Sep 2017078747.523.09$2,430
Aug 2017087545.373.00$2,629
Jul 2017084843.873.09$2,618
Jun 2017085742.493.09$2,646
May 2017082745.373.26$2,699
Apr 2017083447.933.21$2,678
Mar 2017092446.772.98$2,757
Feb 2017063650.452.95$1,878
Jan 2017075349.413.42$2,574
Dec 2016076848.763.72$2,859
Nov 2016064442.492.64$1,703
Oct 2016081046.193.09$2,503
Sep 2016069541.553.10$2,155
Aug 2016073241.442.92$2,141
Jul 2016086641.622.92$2,532
Jun 2016076745.352.69$2,060
May 2016081342.521.99$1,619
Apr 2016087936.561.99$1,750
Mar 2016488233.011.79$1,714
Feb 2016082726.472.06$1,707
Jan 2016076227.352.36$1,802
Dec 2015072832.362.00$1,457
Nov 2015068638.792.17$1,487
Oct 2015074443.552.43$1,805
Sep 2015070042.992.76$1,931
Aug 2015076840.162.87$2,206
Jul 2015089548.152.95$2,636
Jun 2015080856.152.88$2,329
May 2015081955.212.96$2,421
Apr 2015074649.822.71$2,019
Mar 2015093642.892.93$2,747
Feb 2015067344.662.98$2,003
Jan 2015077343.433.10$2,397
Dec 2014085454.693.59$3,067
Nov 2014087870.464.25$3,733
Oct 2014086378.303.90$3,367
Sep 2014082686.164.05$3,342
Aug 201401,00089.394.04$4,035
Jul 201401,00296.564.18$4,188
Jun 2014090998.164.74$4,306
May 201401,22194.734.73$5,771
Apr 2014069895.944.81$3,357
Mar 2014141,98095.895.06$11,355
Feb 20141080197.406.19$5,934
Jan 201402,45290.404.86$11,918
Dec 201302,43991.824.35$10,621
Nov 201302,20788.853.74$8,250
Oct 201302,24197.423.78$8,470
Sep 201302,148104.113.72$7,986
Aug 201302,320104.253.52$8,172
Jul 201302,432102.523.72$9,042
Jun 201302,67294.403.93$10,510
May 201303,15594.834.15$13,090
Apr 2013069393.964.28$2,968
Mar 2013069093.623.91$2,700
Feb 2013058891.233.42$2,011
Jan 201301,26891.603.42$4,336
Dec 2012065086.773.42$2,223
Nov 2012075086.953.62$2,719
Oct 2012088489.383.40$3,005
Sep 2012078694.672.92$2,294
Aug 20121071592.662.91$3,006
Jul 2012070885.133.02$2,139
Jun 2012071279.822.52$1,794
May 2012064091.612.49$1,593
Apr 20120738101.652.00$1,474
Mar 20120637105.052.22$1,415
Feb 20120924101.102.57$2,375
Jan 201201,09798.092.73$2,999
Dec 2011094496.873.24$3,058
Nov 2011088795.723.31$2,937
Oct 201101,05084.983.65$3,831
Sep 2011070783.623.99$2,818
Aug 201101,13583.404.15$4,709
Jul 201122,32294.144.52$10,677
Jun 201121,84992.904.64$8,765
May 201101,80498.134.40$7,946
Apr 201101,906105.964.33$8,259
Mar 201101,89496.364.06$7,685
Feb 2011301,65685.644.18$9,491
Jan 201102,57186.504.59$11,798
Dec 201003,01085.734.35$13,087
Nov 201002,27480.843.80$8,631
Oct 201003,60878.103.51$12,660
Sep 201002,65072.633.98$10,546
Aug 201002,62173.684.42$11,583
Jul 201001,62372.554.74$7,687
Jun 2010044170.364.91$2,165
May 201002,27771.124.24$9,644
Apr 201001,21581.694.12$5,009
Mar 2010098678.394.39$4,327
Feb 201001,97873.585.44$10,765
Jan 201001,19374.365.96$7,115
Dec 2009052571.445.48$2,879
Nov 20091321,60574.593.75$15,867
Oct 200901,41572.544.11$5,816
Sep 200902,00265.543.06$6,136
Aug 200905,05367.423.22$16,263
Jul 200913,12361.133.46$10,881
Jun 200906,50766.163.90$25,345
May 200901,19554.743.93$4,691
Apr 2009063546.773.59$2,278
Mar 200901,22442.144.06$4,968
Feb 2009088532.814.63$4,100
Jan 2009086235.865.37$4,630
Dec 200801,03437.105.98$6,180
Nov 2008050255.496.86$3,444
Oct 2008065775.246.92$4,548
Sep 20080906101.767.88$7,137
Aug 200801,235114.228.48$10,477
Jul 200802,112131.0811.39$24,054
Jun 20081781,600131.3313.03$44,229
May 200801,589123.1711.57$18,392
Apr 20080847110.3110.45$8,855
Mar 200801,092101.909.66$10,553
Feb 2008090492.538.77$7,929
Jan 2008092590.388.21$7,590
Dec 200701,12588.337.30$8,215
Nov 200701,55091.677.29$11,302
Oct 200702,07082.856.92$14,329
Sep 200701,83775.846.24$11,471
Aug 200702,14269.066.39$13,683
Jul 200702,63770.906.39$16,845
Jun 200703,00362.007.55$22,668
May 200702,94558.747.85$23,107
Apr 200702,54959.617.81$19,895
Mar 200704,78956.927.30$34,969
Feb 200703,27455.108.22$26,899
Jan 200701,98450.306.73$13,346
Dec 200602,19156.656.92$15,158
Nov 200602,07854.207.62$15,829
Oct 200603,51454.906.01$21,132
Sep 200601,07860.085.04$5,430
Aug 200602,01168.717.34$14,761
Jul 200605,20669.376.34$33,020
Jun 200609,68566.286.38$61,828
May 2006074466.016.42$4,780
Apr 2006087864.397.36$6,463
Mar 200601,03756.707.08$7,345
Feb 200601,08357.597.75$8,394
Jan 2006082460.598.93$7,361
Dec 2005079954.9413.42$10,719
Nov 200501,09554.6910.59$11,594
Oct 2005057958.3413.80$7,988
Sep 2005097561.4512.08$11,777
Aug 200502,14861.519.80$21,044
Jul 200502,77855.697.84$21,790
Jun 200505,99652.337.38$44,257
May 200519583845.226.65$14,392
Apr 200501,25849.207.36$9,259
Mar 200501,73650.377.15$12,421
Feb 200501,34645.226.31$8,496
Jan 200501,55143.166.32$9,806
Dec 200401,60739.866.75$10,849
Nov 200401,46845.286.33$9,293
Oct 200402,52949.706.52$16,477
Sep 200402,08643.245.28$11,022
Aug 200402,36042.375.55$13,100
Jul 2004077838.286.08$4,733
Jun 200401,93936.106.43$12,474
May 200402,08737.486.49$13,554
Apr 200401,78234.475.86$10,440
Mar 200401,59734.365.53$8,832
Feb 200401,53432.455.51$8,452
Jan 200401,35332.036.30$8,523
Dec 200301,72430.266.30$10,864
Nov 200301,35828.804.60$6,240
Oct 200311,97628.174.76$9,433
Sep 200301,94626.314.75$9,242
Aug 200302,68129.765.13$13,753
Jul 200304,49429.415.17$23,238
Jun 200306,03928.565.98$36,131
May 200305,42026.595.97$32,372
Apr 200306,06326.675.41$32,784
Mar 200303,06231.146.10$18,666
Feb 200307,56633.487.93$59,967
Jan 2003071530.315.58$3,991
Dec 2002040926.914.85$1,985
Nov 2002044024.664.14$1,820
Oct 2002065226.464.23$2,757
Sep 2002014627.443.64$531
Aug 2002028825.963.16$911
Jul 200201,37424.583.06$4,207
Jun 200203,08123.733.34$10,285
May 2002066024.663.58$2,365
Apr 2002051823.653.51$1,819
Mar 2002041222.003.10$1,278
Feb 2002050318.222.38$1,195
Jan 2002038617.172.38$917
Dec 2001046916.932.36$1,109
Nov 2001056818.072.41$1,366
Oct 2001039119.782.53$989
Sep 2001044824.262.25$1,009
Aug 2001032724.873.05$998
Jul 2001933423.933.20$1,283
Jun 2001043324.563.82$1,656
May 2001036925.524.31$1,589
Apr 2001049224.685.34$2,625
Mar 2001076724.545.38$4,124
Feb 200117477427.755.77$9,292
Jan 200101,41327.478.40$11,867
Dec 2000045826.889.12$4,178
Nov 200001,26632.215.66$7,163
Oct 200001,61231.235.15$8,295
Sep 200001,55531.875.19$8,065
Aug 200001,78829.644.54$8,119
Jul 200001,25628.534.09$5,137
Jun 200001,47429.304.40$6,482
May 200002,44427.263.68$8,993
Apr 200002,47824.513.12$7,721
Mar 200002,08428.422.86$5,960
Feb 200002,69527.622.73$7,348
Jan 200004,90325.272.48$12,162
Dec 199903,25824.282.42$7,896
Nov 199904,34323.192.43$10,571
Oct 199904,70320.982.80$13,186
Sep 199904,07521.752.62$10,672
Aug 199901,31819.262.88$3,790
Jul 199901,25517.892.37$2,977
Jun 199901,38615.942.36$3,274
May 199901,60315.792.32$3,721
Apr 199901,73515.102.21$3,831
Mar 1999083912.471.84$1,542
Feb 199901,0399.981.82$1,889
Jan 1999086810.381.90$1,649
Dec 199801,6399.201.77$2,906
Nov 199802,97310.892.19$6,498
Oct 199805,33312.421.97$10,502
Sep 199802,75412.592.08$5,736
Aug 199802,29911.301.91$4,385
Jul 1998102,69611.742.24$6,149
Jun 1998080311.242.24$1,797
May 199801,53812.622.21$3,393
Apr 199802,03113.042.51$5,088
Mar 199803,02112.802.31$6,977
Feb 199802,71813.952.30$6,249
Jan 19981442,30814.702.15$7,090
Dec 199711,85216.322.41$4,482
Nov 199711,56018.193.09$4,836
Oct 199714,07819.253.15$12,864
Sep 199715,18917.742.95$15,351
Aug 199715,29417.862.55$13,543
Jul 199713,39117.582.25$7,637
Jun 199731,88317.242.26$4,302
May 199724,75418.972.31$11,013
Apr 199734,82217.882.08$10,097
Mar 199732,68318.951.94$5,260
Feb 199701,57520.492.21$3,474
Jan 199702,25023.483.54$7,964
Dec 199602,60323.32$0
Nov 199603,85821.97$0
Oct 199603,61923.31$0
Sep 199603,77822.22$0
Aug 199601,60820.26$0
Jul 199604,99919.55$0
Jun 199603,20218.73$0
May 199606,41319.43$0
Apr 199606,41721.51$0
Mar 199603,13019.38$0
Feb 199601,97616.98$0
Jan 199603,91517.07$0
Dec 199504,99517.19$0
Nov 199504,46816.00$0
Oct 199501,91215.43$0
Sep 19951794,84716.18$2,896
Aug 1995119515.92$16
Jul 199514,48715.24$15
Jun 199504,14116.41$0
May 199506,86917.56$0
Apr 199505,61917.73$0
Mar 19951837,59316.44$3,009
Feb 199507,71216.58$0
Jan 199508,04515.92$0
Dec 199408,60515.03$0
Nov 19941806,22815.90$2,862
Oct 199405,66115.58$0
Sep 199403,28915.29$0
Aug 199413,45116.13$16
Jul 1994556,98417.56$966
Jun 199418,72617.09$17
May 199426,73515.88$32
Apr 1994010,95114.14$0
Mar 199401,55812.46$0
Feb 199402,63312.50$0
Jan 19941494,02512.66$1,886
Dec 199304,02212.33$0
Nov 199305,45114.49$0
Oct 199303,32615.85$0
Sep 199303,55515.03$0
Aug 199303,03215.66$0
Jul 199305,59315.46$0
Jun 199302,42116.79$0
May 199302,91317.68$0
Apr 199305,06718.05$0
Mar 199303,80418.14$0
Feb 199303,50217.90$0
Jan 199303,35616.93$0

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.

Apr 2026 — as filed, then multipliedworked
Condensate             0 bbl  × $ 98.93 =         $0
Gas                  908 Mcf  × $  2.87 =     $2,606

────────────────────────────────────────────────────
Month total                                   $2,606

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. 05/G/120546 is the state's own key, not one this site invented.