WATSON

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

Gas lease lease 180324District 05Field 24478150Hydrogen sulphide field2 tax incentive programmesCondensateGasSaveExport
Value, all time
$4.6 M
Oct 2000 – May 2026
Value, last 12 filed months
$18 k
at the published price for each month
Months reported
308
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 360 leases and 360 wells, and the rule below applies to all of them.

Discovered
2001-12-04
as the register files it
Field class
Gas
the register's own label
Between wells
0 ft
minimum
From a lease line
330 ft
minimum

A drilling unit in this field needs at least 20 acres. The field rule took effect on 2011-03-08.

The register flags this field for hydrogen sulphide. That is a poisonous gas that occurs naturally in some formations. The flag is a property of the field as the Commission records it. It is not a measurement taken at this lease, and it is not a statement that gas is escaping anywhere.

The Commission's schedule remark for this field reads: 10700-13775.

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 Gas112001-05-21143317
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
CondensateDisposition3,794 bbl$283,131
GasProduction854,550 Mcf$4,315,942
Total$4,599,072

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 31.4238, -96.1620. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.42379, -96.16196 · 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
15,300 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 15,300 ft.

Completions filed
Sep 2001
1 of 1 wells

1 well

42-28931239215,300 ftSep 2001

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 (308)

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

308 months

May 20260400106.413.05$1,218
Apr 2026048098.932.87$1,377
Mar 2026043989.753.15$1,383
Feb 2026035663.503.75$1,335
Jan 2026038259.138.00$3,055
Dec 2025042056.664.41$1,854
Nov 2025040458.593.93$1,586
Oct 2025041259.383.30$1,362
Sep 2025040962.743.08$1,258
Aug 2025041663.933.01$1,254
Jul 2025041766.743.32$1,382
Jun 2025041266.483.13$1,289
May 2025042160.553.23$1,361
Apr 2025041762.363.54$1,477
Mar 2025043767.704.27$1,865
Feb 2025039370.884.34$1,706
Jan 2025035674.324.28$1,523
Dec 2024033068.993.12$1,030
Nov 2024027769.052.20$609
Oct 2024034471.372.28$785
Sep 2024039669.612.36$936
Aug 2024041975.632.06$865
Jul 2024037479.932.15$803
Jun 2024043278.082.63$1,138
May 2024064278.812.20$1,411
Apr 2024052884.451.66$876
Mar 2024040980.301.55$632
Feb 2024041076.091.78$731
Jan 2024052473.023.30$1,728
Dec 2023035771.262.61$932
Nov 2023043077.892.81$1,207
Oct 2023048385.443.09$1,491
Sep 2023064989.042.74$1,775
Aug 2023071180.522.67$1,900
Jul 2023071974.852.64$1,899
Jun 2023061468.962.26$1,387
May 2023050470.622.23$1,123
Apr 2023044778.122.24$1,000
Mar 2023046372.852.39$1,108
Feb 2023041375.112.47$1,018
Jan 2023045676.533.39$1,545
Dec 2022045776.415.73$2,618
Nov 2022044785.005.65$2,524
Oct 2022046187.185.86$2,703
Sep 2022048184.888.16$3,927
Aug 2022052094.529.13$4,746
Jul 20220627101.587.54$4,729
Jun 20220619115.097.98$4,938
May 20220604109.378.43$5,094
Apr 20220466104.226.84$3,186
Mar 20220490108.885.08$2,487
Feb 2022043691.054.86$2,118
Jan 2022044081.844.54$1,997
Dec 2021047071.323.90$1,833
Nov 2021047677.435.24$2,493
Oct 2021053479.795.71$3,051
Sep 2021045169.865.35$2,413
Aug 2021053166.024.22$2,241
Jul 2021053070.783.98$2,111
Jun 2021052669.493.38$1,778
May 2021055863.483.02$1,684
Apr 2021047460.362.76$1,307
Mar 2021047661.302.72$1,293
Feb 2021042957.805.55$2,380
Jan 2021052650.412.81$1,478
Dec 2020052644.642.68$1,407
Nov 2020053138.772.71$1,437
Oct 2020049236.972.48$1,219
Sep 2020053537.091.99$1,065
Aug 2020053639.982.39$1,278
Jul 2020059738.371.83$1,090
Jun 2020058334.901.69$985
May 2020061016.921.81$1,107
Apr 2020058714.751.80$1,059
Mar 2020061530.341.86$1,142
Feb 2020057049.881.98$1,129
Jan 2020061857.252.09$1,295
Dec 2019062159.012.30$1,431
Nov 2019060255.302.75$1,656
Oct 2019061753.472.42$1,492
Sep 2019058755.052.66$1,560
Aug 2019054953.112.30$1,265
Jul 2019034756.272.46$854
Jun 2019031552.782.49$785
May 2019073258.482.74$2,006
Apr 2019074962.632.75$2,060
Mar 2019068856.803.06$2,107
Feb 2019049150.852.79$1,371
Jan 2019079346.033.23$2,560
Dec 2018083446.594.19$3,491
Nov 2018084852.934.24$3,593
Oct 2018094861.443.40$3,221
Sep 2018097059.543.11$3,015
Aug 201801,89459.403.07$5,808
Jul 20180065.142.93$0
Jun 201801,08560.183.08$3,338
May 201801,11765.382.90$3,240
Apr 201801,41363.842.90$4,099
Mar 201801,55761.222.79$4,339
Feb 201801,56261.782.77$4,321
Jan 201802,84162.874.01$11,390
Dec 201703,35157.272.92$9,790
Nov 201701,52755.423.12$4,762
Oct 201701,88549.292.98$5,624
Sep 201702,46847.523.09$7,619
Aug 201702,52645.373.00$7,589
Jul 201701,77143.873.09$5,468
Jun 201702,27642.493.09$7,027
May 201702,16845.373.26$7,075
Apr 201702,17047.933.21$6,969
Mar 201702,77846.772.98$8,289
Feb 201702,56050.452.95$7,559
Jan 201702,58549.413.42$8,838
Dec 201602,33248.763.72$8,682
Nov 201602,40942.492.64$6,370
Oct 201602,67546.193.09$8,266
Sep 201602,35841.553.10$7,311
Aug 201602,73741.442.92$8,004
Jul 201602,95241.622.92$8,633
Jun 201602,81245.352.69$7,553
May 201602,80242.521.99$5,579
Apr 201603,32036.561.99$6,610
Mar 20160033.011.79$0
Feb 201602,76726.472.06$5,710
Jan 201601,62427.352.36$3,840
Dec 2015032232.362.00$644
Nov 2015090438.792.17$1,959
Oct 201501,59843.552.43$3,878
Sep 201501,88042.992.76$5,186
Aug 201501,48040.162.87$4,251
Jul 201501,85248.152.95$5,454
Jun 201501,82756.152.88$5,267
May 201501,89555.212.96$5,601
Apr 20151552,25749.822.71$13,831
Mar 201502,05542.892.93$6,031
Feb 2015087444.662.98$2,601
Jan 201501,80243.433.10$5,587
Dec 201401,31754.693.59$4,730
Nov 201401,59870.464.25$6,794
Oct 201401,54078.303.90$6,007
Sep 201403,73386.164.05$15,102
Aug 201418862189.394.04$19,311
Jul 2014072496.564.18$3,026
Jun 2014098698.164.74$4,671
May 201401,61794.734.73$7,643
Apr 201402,66895.944.81$12,831
Mar 20141851,14195.895.06$23,509
Feb 201402,06997.406.19$12,811
Jan 201401,41590.404.86$6,878
Dec 201302,09391.824.35$9,114
Nov 2013095388.853.74$3,563
Oct 2013095997.423.78$3,624
Sep 201301,768104.113.72$6,573
Aug 20131783,352104.253.52$30,364
Jul 201301,006102.523.72$3,740
Jun 201301,30594.403.93$5,133
May 201302,77194.834.15$11,497
Apr 201301,42193.964.28$6,086
Mar 2013097993.623.91$3,831
Feb 201318576691.233.42$19,497
Jan 201301,30091.603.42$4,446
Dec 201201,44786.773.42$4,949
Nov 201201,32886.953.62$4,814
Oct 201202,89389.383.40$9,835
Sep 201201,43494.672.92$4,185
Aug 201203,01592.662.91$8,768
Jul 201202,51185.133.02$7,585
Jun 201201,12479.822.52$2,831
May 20121201,17291.612.49$13,910
Apr 201201,259101.652.00$2,514
Mar 20121701,533105.052.22$21,265
Feb 201201,825101.102.57$4,691
Jan 201201,65598.092.73$4,525
Dec 201101,99096.873.24$6,447
Nov 201101,84395.723.31$6,103
Oct 20111813,38284.983.65$27,721
Sep 201103,33383.623.99$13,285
Aug 201102,59183.404.15$10,751
Jul 201102,32994.144.52$10,521
Jun 201104,31492.904.64$20,016
May 201101,55398.134.40$6,841
Apr 201101,887105.964.33$8,177
Mar 20111602,11696.364.06$24,003
Feb 20111832,12485.644.18$24,550
Jan 201101,82686.504.59$8,379
Dec 20101823,22385.734.35$29,616
Nov 201001,07880.843.80$4,091
Oct 20101841,66478.103.51$20,209
Sep 201001,50772.633.98$5,997
Aug 201001,40673.684.42$6,214
Jul 20101851,14172.554.74$18,826
Jun 201002,45770.364.91$12,065
May 201001,20571.124.24$5,103
Apr 201002,17181.694.12$8,950
Mar 20101891,88278.394.39$23,075
Feb 201001,70173.585.44$9,257
Jan 201001,78574.365.96$10,646
Dec 20091891,98171.445.48$24,365
Nov 200902,72174.593.75$10,208
Oct 20091833372.544.11$13,410
Sep 2009091765.543.06$2,810
Aug 20091831,40767.423.22$16,866
Jul 200901,06161.133.46$3,676
Jun 200901,11466.163.90$4,339
May 20091811,19554.743.93$14,599
Apr 20091901,33946.773.59$13,690
Mar 200902,34742.144.06$9,526
Feb 200902,58732.814.63$11,986
Jan 200902,86835.865.37$15,404
Dec 20081901,03837.105.98$13,253
Nov 200801,07255.496.86$7,354
Oct 200801,24175.246.92$8,590
Sep 200801,759101.767.88$13,856
Aug 200802,656114.228.48$22,531
Jul 200802,068131.0811.39$23,553
Jun 200803,093131.3313.03$40,310
May 200801,919123.1711.57$22,211
Apr 200803,102110.3110.45$32,431
Mar 200801,871101.909.66$18,081
Feb 200801,80892.538.77$15,857
Jan 200822,42190.388.21$20,047
Dec 200702,36188.337.30$17,240
Nov 200732,60591.677.29$19,270
Oct 200722,99382.856.92$20,883
Sep 200723,03875.846.24$19,121
Aug 200722,48669.066.39$16,019
Jul 200703,25870.906.39$20,812
Jun 200763,07562.007.55$23,583
May 200702,76358.747.85$21,679
Apr 200712,50959.617.81$19,643
Mar 200702,48056.927.30$18,109
Feb 200753,18255.108.22$26,419
Jan 200702,84250.306.73$19,118
Dec 200603,70656.656.92$25,640
Nov 200602,36254.207.62$17,992
Oct 200602,83454.906.01$17,043
Sep 20060060.085.04$0
Aug 2006296268.717.34$7,198
Jul 2006062269.376.34$3,945
Jun 200602,32866.286.38$14,862
May 200602,19966.016.42$14,129
Apr 200612,81564.397.36$20,784
Mar 200603,40556.707.08$24,117
Feb 200613,52057.597.75$27,342
Jan 200613,40560.598.93$30,479
Dec 200513,36654.9413.42$45,211
Nov 200512,08354.6910.59$22,110
Oct 200523,63358.3413.80$50,237
Sep 200513,95661.4512.08$47,846
Aug 200505,04661.519.80$49,435
Jul 200524,44655.697.84$34,984
Jun 200515,40152.337.38$39,917
May 200514,37345.226.65$29,131
Apr 200503,91749.207.36$28,831
Mar 200505,19550.377.15$37,170
Feb 200504,30145.226.31$27,148
Jan 200504,06843.166.32$25,719
Dec 200414,93939.866.75$33,383
Nov 200414,65345.286.33$29,501
Oct 200415,30749.706.52$34,625
Sep 200404,79343.245.28$25,326
Aug 200405,00042.375.55$27,753
Jul 200405,14238.286.08$31,285
Jun 200414,30936.106.43$27,756
May 200405,17537.486.49$33,609
Apr 200414,01734.475.86$23,568
Mar 200415,03134.365.53$27,856
Feb 200404,89132.455.51$26,948
Jan 200404,42032.036.30$27,844
Dec 200315,20730.266.30$32,843
Nov 200325,14728.804.60$23,709
Oct 200315,39728.174.76$25,716
Sep 200305,44226.314.75$25,846
Aug 200315,49729.765.13$28,228
Jul 200305,78029.415.17$29,887
Jun 200304,59528.565.98$27,492
May 200306,94526.595.97$41,480
Apr 200316,20126.675.41$33,557
Mar 200335,12631.146.10$31,342
Feb 200326,13333.487.93$48,676
Jan 200305,82230.315.58$32,499
Dec 200226,52926.914.85$31,744
Nov 200206,17224.664.14$25,533
Oct 2002107,16326.464.23$30,558
Sep 200287,57627.443.64$27,760
Aug 200276,16825.963.16$19,698
Jul 200298,36624.583.06$25,836
Jun 200299,05623.733.34$30,445
May 20021310,03924.663.58$36,300
Apr 200297,95923.653.51$28,167
Mar 2002910,43322.003.10$32,569
Feb 200298,60118.222.38$20,597
Jan 2002259,40217.172.38$22,765
Dec 20012612,74916.932.36$30,584
Nov 2001514,40418.072.41$34,739
Oct 2001017,32719.782.53$43,818
Sep 2001915,48324.262.25$35,076
Aug 200112,12024.873.05$6,498
Jul 2001255,25623.933.20$17,402
Jun 2001011,85424.563.82$45,332
May 2001012,99525.524.31$55,974
Apr 2001014,72224.685.34$78,547
Mar 2001116,95124.545.38$91,161
Feb 2001117,99527.755.77$103,806
Jan 2001020,60727.478.40$173,073
Dec 2000127,63526.889.12$252,127
Nov 2000042,17032.215.66$238,598
Oct 20000031.235.15$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                  400 Mcf  × $  3.05 =     $1,218

────────────────────────────────────────────────────
Month total                                   $1,218

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/180324 is the state's own key, not one this site invented.