WATSON

Operated by LODESTONE OPERATING, INC. (P-5 100710) in the PERSONVILLE (TRAVIS PEAK) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 165647District 05Field 707926662 tax incentive programmesCondensateGasSaveExport
Value, all time
$6.2 M
Sep 1997 – May 2026
Value, last 12 filed months
$0
at the published price for each month
Months reported
345
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 49 leases and 49 wells, and the rule below applies to all of them.

Discovered
1969-12-01
as the register files it
Field class
Gas
the register's own label
Between wells
1,200 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 2001-08-07.

The Commission's schedule remark for this field reads: 7640' TO 9900' PER LOG ON CHAMBERS #1.

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 Gas111999-04-20139092
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
CondensateDisposition5,208 bbl$152,241
GasProduction1,761,219 Mcf$6,076,883
Total$6,229,124

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 31.4902, -96.3793. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.49025, -96.37927 · 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
10,890 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 10,890 ft.

Completions filed
Jul 1998
1 of 1 wells

1 well

42-29331190110,890 ftJul 1998

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 (345)

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

345 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 20250066.743.32$0
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 20250074.324.28$0
Dec 20240068.993.12$0
Nov 20240069.052.20$0
Oct 20240071.372.28$0
Sep 20240069.612.36$0
Aug 20240075.632.06$0
Jul 20240079.932.15$0
Jun 20240078.082.63$0
May 20240078.812.20$0
Apr 20240084.451.66$0
Mar 20240080.301.55$0
Feb 20240076.091.78$0
Jan 20240073.023.30$0
Dec 20230071.262.61$0
Nov 20230077.892.81$0
Oct 20230085.443.09$0
Sep 20230089.042.74$0
Aug 20230080.522.67$0
Jul 20230074.852.64$0
Jun 20230068.962.26$0
May 20230070.622.23$0
Apr 20230078.122.24$0
Mar 20230072.852.39$0
Feb 20230075.112.47$0
Jan 20230076.533.39$0
Dec 20220076.415.73$0
Nov 20220085.005.65$0
Oct 20220087.185.86$0
Sep 20220084.888.16$0
Aug 20220094.529.13$0
Jul 202200101.587.54$0
Jun 202200115.097.98$0
May 202200109.378.43$0
Apr 202200104.226.84$0
Mar 202200108.885.08$0
Feb 20220091.054.86$0
Jan 202203381.844.54$150
Dec 202102271.323.90$86
Nov 202102277.435.24$115
Oct 202105779.795.71$326
Sep 20210069.865.35$0
Aug 20210066.024.22$0
Jul 20210070.783.98$0
Jun 20210069.493.38$0
May 20210063.483.02$0
Apr 20210060.362.76$0
Mar 20211061.302.72$61
Feb 20210057.805.55$0
Jan 20210050.412.81$0
Dec 20200044.642.68$0
Nov 20200038.772.71$0
Oct 20200036.972.48$0
Sep 20200037.091.99$0
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 20200030.341.86$0
Feb 20200049.881.98$0
Jan 20200057.252.09$0
Dec 20190059.012.30$0
Nov 201901155.302.75$30
Oct 201903253.472.42$77
Sep 201901955.052.66$50
Aug 20190953.112.30$21
Jul 201903456.272.46$84
Jun 20190552.782.49$12
May 20190058.482.74$0
Apr 20190062.632.75$0
Mar 20190656.803.06$18
Feb 201902150.852.79$59
Jan 201906146.033.23$197
Dec 201801846.594.19$75
Nov 20180652.934.24$25
Oct 20180461.443.40$14
Sep 20180059.543.11$0
Aug 20180059.403.07$0
Jul 20180065.142.93$0
Jun 20180060.183.08$0
May 20180065.382.90$0
Apr 20180063.842.90$0
Mar 20180261.222.79$6
Feb 20180061.782.77$0
Jan 20180362.874.01$12
Dec 20170557.272.92$15
Nov 201701355.423.12$41
Oct 201711249.292.98$85
Sep 201701047.523.09$31
Aug 20170045.373.00$0
Jul 201701043.873.09$31
Jun 20170042.493.09$0
May 20170445.373.26$13
Apr 20170047.933.21$0
Mar 20170946.772.98$27
Feb 201701150.452.95$32
Jan 201701549.413.42$51
Dec 201602048.763.72$74
Nov 201602742.492.64$71
Oct 20160046.193.09$0
Sep 20160041.553.10$0
Aug 20160441.442.92$12
Jul 201601541.622.92$44
Jun 201602345.352.69$62
May 201602142.521.99$42
Apr 201601436.561.99$28
Mar 201601433.011.79$25
Feb 201602726.472.06$56
Jan 201603327.352.36$78
Dec 201504132.362.00$82
Nov 2015028638.792.17$620
Oct 2015031643.552.43$767
Sep 20154732342.992.76$2,912
Aug 2015035840.162.87$1,028
Jul 2015027748.152.95$816
Jun 2015038856.152.88$1,119
May 2015046055.212.96$1,360
Apr 2015047649.822.71$1,288
Mar 2015049242.892.93$1,444
Feb 2015043344.662.98$1,289
Jan 2015053443.433.10$1,656
Dec 2014053554.693.59$1,921
Nov 2014057770.464.25$2,453
Oct 2014063778.303.90$2,485
Sep 2014073686.164.05$2,977
Aug 2014087789.394.04$3,539
Jul 2014085996.564.18$3,590
Jun 201401,61498.164.74$7,645
May 2014162,04294.734.73$11,167
Apr 201402,28595.944.81$10,989
Mar 201402,93695.895.06$14,847
Feb 2014163,28597.406.19$21,899
Jan 201403,97690.404.86$19,326
Dec 201303,71291.824.35$16,164
Nov 201303,79988.853.74$14,202
Oct 2013344,08897.423.78$18,762
Sep 2013203,803104.113.72$16,221
Aug 201304,195104.253.52$14,777
Jul 2013344,052102.523.72$18,550
Jun 201304,18794.403.93$16,469
May 201303,99494.834.15$16,571
Apr 201353,81693.964.28$16,812
Mar 201301,36193.623.91$5,325
Feb 201301,65391.233.42$5,653
Jan 2013132,16491.603.42$8,591
Dec 201202,56386.773.42$8,766
Nov 201202,88986.953.62$10,473
Oct 201204,44589.383.40$15,112
Sep 201204,33394.672.92$12,645
Aug 2012244,83592.662.91$16,285
Jul 2012125,04185.133.02$16,249
Jun 2012124,80779.822.52$13,067
May 201205,49191.612.49$13,663
Apr 201294,799101.652.00$10,497
Mar 201204,866105.052.22$10,813
Feb 201204,799101.102.57$12,335
Jan 201295,18998.092.73$15,070
Dec 201104,48496.873.24$14,527
Nov 201103,16395.723.31$10,474
Oct 201142,23584.983.65$8,494
Sep 201101,69483.623.99$6,752
Aug 2011057683.404.15$2,390
Jul 2011062694.144.52$2,828
Jun 2011061892.904.64$2,867
May 2011078598.134.40$3,458
Apr 20110945105.964.33$4,095
Mar 2011151,36196.364.06$6,967
Feb 201101,38885.644.18$5,802
Jan 201102,11686.504.59$9,710
Dec 201012,39185.734.35$10,481
Nov 201002,60780.843.80$9,894
Oct 201002,82078.103.51$9,895
Sep 2010134,62072.633.98$19,329
Aug 201014,84273.684.42$21,472
Jul 201003,29772.554.74$15,616
Jun 2010153,40670.364.91$17,780
May 201094,82671.124.24$21,079
Apr 201004,85481.694.12$20,012
Mar 201054,91478.394.39$21,958
Feb 201004,90073.585.44$26,668
Jan 2010115,51574.365.96$33,710
Dec 2009465,41471.445.48$32,975
Nov 200904,72774.593.75$17,733
Oct 200966,29772.544.11$26,317
Sep 200926,16865.543.06$19,034
Aug 200994,64567.423.22$15,557
Jul 200905,60061.133.46$19,401
Jun 200976,06966.163.90$24,102
May 200995,89654.743.93$23,639
Apr 200984,44946.773.59$16,335
Mar 200904,82742.144.06$19,593
Feb 2009354,86932.814.63$23,706
Jan 200956,38535.865.37$34,473
Dec 200853,98337.105.98$23,992
Nov 200865,26855.496.86$36,473
Oct 200866,00975.246.92$42,046
Sep 2008135,282101.767.88$42,930
Aug 200805,743114.228.48$48,718
Jul 2008216,349131.0811.39$75,064
Jun 2008346,353131.3313.03$87,262
May 2008317,321123.1711.57$88,554
Apr 200825,381110.3110.45$56,478
Mar 200803,949101.909.66$38,163
Feb 2008123,90392.538.77$35,342
Jan 2008125,71990.388.21$48,013
Dec 2007955,96988.337.30$51,977
Nov 2007235,98091.677.29$45,713
Oct 200705,74382.856.92$39,753
Sep 2007125,94675.846.24$38,038
Aug 2007265,87669.066.39$39,331
Jul 2007286,42870.906.39$43,047
Jun 2007336,36662.007.55$50,099
May 2007526,69658.747.85$55,593
Apr 2007235,90759.617.81$47,476
Mar 2007335,56956.927.30$42,543
Feb 2007746,46355.108.22$57,177
Jan 200704,68550.306.73$31,515
Dec 2006235,01556.656.92$35,999
Nov 2006175,83754.207.62$45,385
Oct 200606,58454.906.01$39,595
Sep 2006176,61060.085.04$34,317
Aug 2006587,54568.717.34$59,365
Jul 2006407,21369.376.34$48,525
Jun 2006196,80666.286.38$44,708
May 2006357,17466.016.42$48,403
Apr 2006217,00364.397.36$52,898
Mar 2006215,97556.707.08$43,511
Feb 2006144,81357.597.75$38,112
Jan 200605,37260.598.93$47,990
Dec 20050054.9413.42$0
Nov 20051154.6910.59$65
Oct 20050558.3413.80$69
Sep 20050361.4512.08$36
Aug 20050061.519.80$0
Jul 20050055.697.84$0
Jun 20050752.337.38$52
May 20050045.226.65$0
Apr 20050049.207.36$0
Mar 20050050.377.15$0
Feb 20050045.226.31$0
Jan 20050043.166.32$0
Dec 20040039.866.75$0
Nov 20040045.286.33$0
Oct 20040049.706.52$0
Sep 20040043.245.28$0
Aug 20040042.375.55$0
Jul 20040038.286.08$0
Jun 20040036.106.43$0
May 20040037.486.49$0
Apr 20040034.475.86$0
Mar 20040034.365.53$0
Feb 20040032.455.51$0
Jan 20040032.036.30$0
Dec 20030030.266.30$0
Nov 20030028.804.60$0
Oct 20030028.174.76$0
Sep 20030026.314.75$0
Aug 20030029.765.13$0
Jul 20030029.415.17$0
Jun 20030028.565.98$0
May 20030026.595.97$0
Apr 200307626.675.41$411
Mar 2003076031.146.10$4,633
Feb 2003048533.487.93$3,844
Jan 20030030.315.58$0
Dec 200201,43226.914.85$6,951
Nov 200203,21924.664.14$13,317
Oct 200207,57626.464.23$32,040
Sep 200206,87027.443.64$24,974
Aug 200207,23725.963.16$22,899
Jul 200208,95524.583.06$27,418
Jun 200208,33223.733.34$27,814
May 2002011,52224.663.58$41,295
Apr 200208,69423.653.51$30,536
Mar 2002010,57222.003.10$32,802
Feb 200209,61918.222.38$22,852
Jan 2002012,11517.172.38$28,781
Dec 20012147,26416.932.36$348,225
Nov 2001315,06818.072.41$36,301
Oct 2001618,87519.782.53$47,851
Sep 2001121,69324.262.25$48,862
Aug 2001319,19924.873.05$58,692
Jul 200118,24023.933.20$26,368
Jun 20010024.563.82$0
May 200106225.524.31$267
Apr 2001019324.685.34$1,030
Mar 2001629824.545.38$1,749
Feb 200102,37127.755.77$13,674
Jan 200177,66727.478.40$64,586
Dec 2000018,89926.889.12$172,406
Nov 200009,08732.215.66$51,414
Oct 2000661631.235.15$3,357
Sep 200004,84131.875.19$25,108
Aug 2000514,53929.644.54$66,166
Jul 200017118,04228.534.09$78,666
Jun 2000918,43129.304.40$81,309
May 2000322,36427.263.68$82,376
Apr 200019523,91124.513.12$79,286
Mar 20001028,46928.422.86$81,698
Feb 2000032,07427.622.73$87,450
Jan 2000037,74425.272.48$93,624
Dec 199913455,22724.282.42$137,108
Nov 19991012,91123.192.43$31,657
Oct 1999814,81020.982.80$41,691
Sep 1999016,92321.752.62$44,319
Aug 199920120,25819.262.88$62,125
Jul 1999223,38917.892.37$55,523
Jun 199919528,17015.942.36$69,649
May 199918933,68715.792.32$81,173
Apr 199918534,13915.102.21$78,174
Mar 199919836,03212.471.84$68,708
Feb 199919635,2259.981.82$65,988
Jan 199938044,68910.381.90$88,851
Dec 199839250,6119.201.77$93,356
Nov 199819650,85410.892.19$113,287
Oct 199838156,25712.421.97$115,514
Sep 199855364,94212.592.08$142,212
Aug 199820472,80411.301.91$141,168
Jul 1998101,59611.742.24$3,688
Jun 1998101,59611.242.24$3,683
May 199811,88412.622.21$4,169
Apr 199842,97813.042.51$7,513
Mar 199887,09512.802.31$16,488
Feb 1998236,69313.952.30$15,709
Jan 199889,44014.702.15$20,459
Dec 1997810,61016.322.41$25,712
Nov 1997810,00118.193.09$31,031
Oct 19971017,15119.253.15$54,215
Sep 199756,38017.742.95$18,941

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.

Jan 2022 — as filed, then multipliedworked
Condensate             0 bbl  × $ 81.84 =         $0
Gas                   33 Mcf  × $  4.54 =       $150

────────────────────────────────────────────────────
Month total                                     $150

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/165647 is the state's own key, not one this site invented.