WATSON, ELMORE ESTATE

Operated by HILCORP ENERGY COMPANY (P-5 386310) in the BEAR GRASS (PETTIT) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 154483District 05Field 06476700CondensateGasSaveExport
Value, all time
$2.8 M
Jan 1995 – May 2026
Value, last 12 filed months
$2 k
at the published price for each month
Months reported
377
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 140 leases and 140 wells, and the rule below applies to all of them.

Discovered
1979-10-16
as the register files it
Field class
Gas
the register's own label
Between wells
600 ft
minimum
From a lease line
467 ft
minimum

A drilling unit in this field needs at least 40 acres. The field rule took effect on 2007-08-14.

The Commission's schedule remark for this field reads: FOR PRORATION PURPOSES.

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
CondensateDisposition15,515 bbl$365,715
GasProduction830,740 Mcf$2,399,512
Total$2,765,227

214,260 Mcf of this lease's gas, across 24 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 31.4203, -96.1520. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.42033, -96.15204 · 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
10,570 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 10,570 ft.

Completions filed
Dec 2012
1 of 1 wells

1 well

42-28931158110,570 ftDec 2012

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 (377)

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

377 months

May 2026038106.413.05$116
Apr 202602898.932.87$80
Mar 202609289.753.15$290
Feb 202603463.503.75$128
Jan 202605359.138.00$424
Dec 20250756.664.41$31
Nov 202502058.593.93$79
Oct 202502459.383.30$79
Sep 202502262.743.08$68
Aug 202503763.933.01$112
Jul 202502666.743.32$86
Jun 202502366.483.13$72
May 202501360.553.23$42
Apr 202502162.363.54$74
Mar 202506367.704.27$269
Feb 202501170.884.34$48
Jan 20250274.324.28$9
Dec 20240868.993.12$25
Nov 202401469.052.20$31
Oct 202401571.372.28$34
Sep 202401769.612.36$40
Aug 202402475.632.06$50
Jul 202403979.932.15$84
Jun 20240678.082.63$16
May 2024033278.812.20$730
Apr 2024047284.451.66$783
Mar 2024013380.301.55$206
Feb 202409976.091.78$177
Jan 202404173.023.30$135
Dec 202305771.262.61$149
Nov 202307277.892.81$202
Oct 202308685.443.09$266
Sep 20230989.042.74$25
Aug 202301180.522.67$29
Jul 202301574.852.64$40
Jun 202304168.962.26$93
May 202301870.622.23$40
Apr 202307778.122.24$172
Mar 202302272.852.39$53
Feb 202303775.112.47$91
Jan 202303076.533.39$102
Dec 202204276.415.73$241
Nov 20220085.005.65$0
Oct 202203387.185.86$194
Sep 202202684.888.16$212
Aug 202203594.529.13$319
Jul 2022027101.587.54$204
Jun 2022025115.097.98$199
May 2022022109.378.43$186
Apr 2022033104.226.84$226
Mar 2022040108.885.08$203
Feb 202203991.054.86$189
Jan 20220681.844.54$27
Dec 202105871.323.90$226
Nov 20210077.435.24$0
Oct 202103579.795.71$200
Sep 202103669.865.35$193
Aug 202102666.024.22$110
Jul 202103170.783.98$123
Jun 202103269.493.38$108
May 202101263.483.02$36
Apr 202103760.362.76$102
Mar 20210861.302.72$22
Feb 202103257.805.55$178
Jan 202102950.412.81$82
Dec 202002544.642.68$67
Nov 202003838.772.71$103
Oct 202001036.972.48$25
Sep 202004937.091.99$98
Aug 20200039.982.39$0
Jul 20200038.371.83$0
Jun 20200034.901.69$0
May 20200016.921.81$0
Apr 20200014.751.80$0
Mar 202003430.341.86$63
Feb 202002849.881.98$55
Jan 202004457.252.09$92
Dec 201902459.012.30$55
Nov 201902655.302.75$72
Oct 201902253.472.42$53
Sep 201902355.052.66$61
Aug 201902253.112.30$51
Jul 201902656.272.46$64
Jun 201902352.782.49$57
May 201904458.482.74$121
Apr 201904362.632.75$118
Mar 201904056.803.06$122
Feb 201902350.852.79$64
Jan 201904046.033.23$129
Dec 201804446.594.19$184
Nov 2018023752.934.24$1,004
Oct 2018016261.443.40$550
Sep 201803059.543.11$93
Aug 201805559.403.07$169
Jul 20180065.142.93$0
Jun 2018013360.183.08$409
May 201802165.382.90$61
Apr 201804663.842.90$133
Mar 201802261.222.79$61
Feb 201803161.782.77$86
Jan 201802862.874.01$112
Dec 201703557.272.92$102
Nov 201702155.423.12$65
Oct 201702449.292.98$72
Sep 201701947.523.09$59
Aug 201701445.373.00$42
Jul 201701043.873.09$31
Jun 201702242.493.09$68
May 201703145.373.26$101
Apr 201703047.933.21$96
Mar 201703146.772.98$92
Feb 201702650.452.95$77
Jan 201702549.413.42$85
Dec 201603148.763.72$115
Nov 201602842.492.64$74
Oct 201603146.193.09$96
Sep 201604741.553.10$146
Aug 201603141.442.92$91
Jul 201603141.622.92$91
Jun 201603045.352.69$81
May 201602442.521.99$48
Apr 201603236.561.99$64
Mar 201604233.011.79$75
Feb 2016028026.472.06$578
Jan 2016011827.352.36$279
Dec 201507732.362.00$154
Nov 201505238.792.17$113
Oct 201507143.552.43$172
Sep 201509942.992.76$273
Aug 2015834940.162.87$3,474
Jul 201503348.152.95$97
Jun 201503656.152.88$104
May 201503555.212.96$103
Apr 201503349.822.71$89
Mar 201503542.892.93$103
Feb 201503744.662.98$110
Jan 201504343.433.10$133
Dec 201404354.693.59$154
Nov 201404270.464.25$179
Oct 201404578.303.90$176
Sep 201406386.164.05$255
Aug 201402589.394.04$101
Jul 201403296.564.18$134
Jun 201406098.164.74$284
May 20140694.734.73$28
Apr 201405795.944.81$274
Mar 201405995.895.06$298
Feb 201405297.406.19$322
Jan 201406090.404.86$292
Dec 201306891.824.35$296
Nov 201306588.853.74$243
Oct 201306797.423.78$253
Sep 2013068104.113.72$253
Aug 2013085104.253.52$299
Jul 20130100102.523.72$372
Jun 201307294.403.93$283
May 2013010494.834.15$432
Apr 2013010293.964.28$437
Mar 2013011693.623.91$454
Feb 2013010591.233.42$359
Jan 2013016191.603.42$551
Dec 2012018786.773.42$640
Nov 2012043386.953.62$1,570
Oct 2012074689.383.40$2,536
Sep 2012079094.672.92$2,306
Aug 201201,31492.662.91$3,821
Jul 2012071585.133.02$2,160
Jun 2012042079.822.52$1,058
May 2012026191.612.49$649
Apr 20120811101.652.00$1,619
Mar 201201,030105.052.22$2,289
Feb 201201,300101.102.57$3,341
Jan 201201,20098.092.73$3,281
Dec 201101,44996.873.24$4,694
Nov 201101,32395.723.31$4,381
Oct 201101,35484.983.65$4,940
Sep 201101,37283.623.99$5,469
Aug 201101,07883.404.15$4,473
Jul 201101,38094.144.52$6,234
Jun 201101,09892.904.64$5,095
May 2011074298.134.40$3,268
Apr 201101,041105.964.33$4,511
Mar 201101,39496.364.06$5,656
Feb 201101,01785.644.18$4,251
Jan 201101,44586.504.59$6,631
Dec 201001,37685.734.35$5,983
Nov 201001,31580.843.80$4,991
Oct 201001,28378.103.51$4,502
Sep 2010065972.633.98$2,622
Aug 201001,47173.684.42$6,501
Jul 201001,40672.554.74$6,660
Jun 201001,34670.364.91$6,609
May 201001,39071.124.24$5,887
Apr 201001,27081.694.12$5,236
Mar 201001,44078.394.39$6,320
Feb 201001,28573.585.44$6,993
Jan 201001,46674.365.96$8,743
Dec 200901,44771.445.48$7,935
Nov 200901,55474.593.75$5,830
Oct 200901,62472.544.11$6,675
Sep 200901,65265.543.06$5,063
Aug 20091821,72467.423.22$17,819
Jul 200901,87661.133.46$6,499
Jun 200911,83066.163.90$7,194
May 2009076054.743.93$2,984
Apr 20091898746.773.59$4,383
Mar 200901,14642.144.06$4,652
Feb 200901,13132.814.63$5,240
Jan 200901,34235.865.37$7,208
Dec 200801,13437.105.98$6,778
Nov 200801,25855.496.86$8,630
Oct 200801,04475.246.92$7,227
Sep 20080687101.767.88$5,412
Aug 200815660114.228.48$7,312
Jul 200800131.0811.39$0
Jun 20080198131.3313.03$2,580
May 20080196123.1711.57$2,269
Apr 20080986110.3110.45$10,308
Mar 200801,516101.909.66$14,651
Feb 2008010792.538.77$938
Jan 2008034690.388.21$2,839
Dec 2007073288.337.30$5,345
Nov 200701,23291.677.29$8,983
Oct 200701,02782.856.92$7,109
Sep 2007079075.846.24$4,933
Aug 200718855369.066.39$16,516
Jul 200701,38870.906.39$8,866
Jun 200701,33862.007.55$10,100
May 200701,35558.747.85$10,632
Apr 200701,24359.617.81$9,702
Mar 200701,11356.927.30$8,127
Feb 200701,13655.108.22$9,333
Jan 200701,34950.306.73$9,075
Dec 200601,39056.656.92$9,617
Nov 200601,23554.207.62$9,408
Oct 20061911,44754.906.01$19,188
Sep 2006099760.085.04$5,022
Aug 2006076968.717.34$5,644
Jul 2006093369.376.34$5,918
Jun 2006034666.286.38$2,209
May 2006174966.016.42$11,544
Apr 200601064.397.36$74
Mar 2006057256.707.08$4,051
Feb 200601,47557.597.75$11,433
Jan 200601,00660.598.93$8,987
Dec 200501,38554.9413.42$18,580
Nov 200501,46754.6910.59$15,533
Oct 200501,72858.3413.80$23,839
Sep 20051871,66361.4512.08$31,579
Aug 200501,68761.519.80$16,527
Jul 200501,67755.697.84$13,154
Jun 200501,58252.337.38$11,677
May 200502,09945.226.65$13,961
Apr 20051881,89649.207.36$23,205
Mar 200501,95150.377.15$13,959
Feb 200501,83145.226.31$11,557
Jan 200501,90043.166.32$12,012
Dec 200401,60239.866.75$10,815
Nov 200401,38545.286.33$8,768
Oct 20041911,83449.706.52$21,441
Sep 200402,22243.245.28$11,741
Aug 200402,43242.375.55$13,499
Jul 200402,90738.286.08$17,687
Jun 200402,55836.106.43$16,456
May 20041893,13937.486.49$27,470
Apr 200402,76034.475.86$16,169
Mar 200403,32734.365.53$18,399
Feb 20041882,81932.455.51$21,632
Jan 200402,17632.036.30$13,708
Dec 200302,68330.266.30$16,907
Nov 200303,44028.804.60$15,807
Oct 20031883,68728.174.76$22,845
Sep 200303,59326.314.75$17,064
Aug 200303,64329.765.13$18,688
Jul 200303,35429.415.17$17,343
Jun 20031864,03128.565.98$29,429
May 200303,23626.595.97$19,328
Apr 20031823,43426.675.41$23,423
Mar 200313,92431.146.10$23,952
Feb 200315,08333.487.93$40,321
Jan 20031865,19730.315.58$34,648
Dec 200204,77826.914.85$23,191
Nov 20021784,69124.664.14$23,796
Oct 200205,18626.464.23$21,932
Sep 200214,63327.443.64$16,869
Aug 20021875,27325.963.16$21,539
Jul 200254,95824.583.06$15,303
Jun 20021854,72323.733.34$20,157
May 200205,15324.663.58$18,468
Apr 20021934,14223.653.51$19,112
Mar 200203,67822.003.10$11,412
Feb 20021843,27018.222.38$11,121
Jan 20021924,00917.172.38$12,821
Dec 200105,13816.932.36$12,148
Nov 20011845,50118.072.41$16,558
Oct 200105,32919.782.53$13,476
Sep 20011764,67624.262.25$14,797
Aug 200104,97124.873.05$15,177
Jul 20011755,15523.933.20$20,669
Jun 200105,06224.563.82$19,358
May 20012305,04325.524.31$27,591
Apr 200104,11824.685.34$21,971
Mar 20011964,85224.545.38$30,896
Feb 200104,91027.755.77$28,316
Jan 20011824,81527.478.40$45,440
Dec 20001865,71626.889.12$57,144
Nov 200005,80732.215.66$32,856
Oct 20001805,46031.235.15$33,716
Sep 200004,87531.875.19$25,284
Aug 20001785,60029.644.54$30,704
Jul 200005,06828.534.09$20,727
Jun 20001856,07329.304.40$32,125
May 200004,74127.263.68$17,446
Apr 20001845,35824.513.12$21,205
Mar 20001825,82728.422.86$21,836
Feb 200004,92927.622.73$13,439
Jan 20001765,21025.272.48$17,371
Dec 19991805,02824.282.42$16,557
Nov 199905,57223.192.43$13,562
Oct 19991876,08820.982.80$20,992
Sep 19991876,30021.752.62$20,566
Aug 199905,97419.262.88$17,179
Jul 19991906,09517.892.37$17,859
Jun 199906,37215.942.36$15,051
May 19991926,43815.792.32$17,974
Apr 19991876,94415.102.21$18,156
Mar 199906,40412.471.84$11,773
Feb 19991886,4289.981.82$13,561
Jan 19991736,34210.381.90$13,845
Dec 19981846,6689.201.77$13,517
Nov 19981936,43910.892.19$16,176
Oct 199807,49112.421.97$14,751
Sep 19981956,78612.592.08$16,588
Aug 199807,87011.301.91$15,011
Jul 19981887,76911.742.24$19,588
Jun 19981827,81711.242.24$19,534
May 19981908,03612.622.21$20,128
Apr 199807,50113.042.51$18,792
Mar 19981807,40012.802.31$19,394
Feb 19983887,26513.952.30$22,116
Jan 199807,94614.702.15$17,122
Dec 19971918,78616.322.41$24,301
Nov 19971816,21818.193.09$22,495
Oct 199707,09119.253.15$22,335
Sep 19971817,17017.742.95$24,397
Aug 19971818,00117.862.55$23,673
Jul 19971827,95817.582.25$21,081
Jun 199703,67817.242.26$8,302
May 19971893,62318.972.31$11,949
Apr 19971915,06417.882.08$13,962
Mar 199708,59618.951.94$16,669
Feb 19973788,81020.492.21$27,179
Jan 19971928,67923.483.54$35,229
Dec 1996010,59423.32$0
Nov 19961918,59421.97$4,196
Oct 19961857,74523.31$4,312
Sep 199618910,43222.22$4,200
Aug 1996010,43320.26$0
Jul 199629811,25919.55$5,826
Jun 19961829,16618.73$3,409
May 19961809,46819.43$3,497
Apr 19961868,92821.51$4,001
Mar 199618210,13719.38$3,527
Feb 19961868,85716.98$3,158
Jan 19961651,72417.07$2,817
Dec 19951796,05517.19$3,077
Nov 19951936,21716.00$3,088
Oct 19951853,26915.43$2,855
Sep 199506,13816.18$0
Aug 199536312,43815.92$5,779
Jul 199537311,80515.24$5,685
Jun 199517713,43116.41$2,905
May 199505,53717.56$0
Apr 199535510,89017.73$6,294
Mar 199525714,16616.44$4,225
Feb 199536116,12616.58$5,985
Jan 1995085115.92$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.

May 2026 — as filed, then multipliedworked
Condensate             0 bbl  × $106.41 =         $0
Gas                   38 Mcf  × $  3.05 =       $116

────────────────────────────────────────────────────
Month total                                     $116

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/154483 is the state's own key, not one this site invented.