ELMORE WATSON 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 195959District 05Field 06476700NGPA filingCondensateGasSaveExport
Value, all time
$2.0 M
Mar 2003 – May 2026
Value, last 12 filed months
$2 k
at the published price for each month
Months reported
279
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.

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
CondensateDisposition7,543 bbl$397,221
GasProduction298,868 Mcf$1,580,154
Total$1,977,375

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 31.4275, -96.1548. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.42749, -96.15481 · 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
9,457 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 9,457 ft.

Completions filed
Mar 2003
1 of 1 wells

1 well

42-2893135239,457 ftMar 2003

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 (279)

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

279 months

May 2026043106.413.05$131
Apr 202603298.932.87$92
Mar 202604889.753.15$151
Feb 202604063.503.75$150
Jan 202605259.138.00$416
Dec 202504556.664.41$199
Nov 202504358.593.93$169
Oct 202504359.383.30$142
Sep 202504462.743.08$135
Aug 202506263.933.01$187
Jul 202505366.743.32$176
Jun 202504966.483.13$153
May 202502860.553.23$91
Apr 202508062.363.54$283
Mar 202505567.704.27$235
Feb 202504870.884.34$208
Jan 202503574.324.28$150
Dec 202401468.993.12$44
Nov 202403469.052.20$75
Oct 202402771.372.28$62
Sep 202402569.612.36$59
Aug 202403975.632.06$80
Jul 202404379.932.15$92
Jun 202403178.082.63$82
May 202404078.812.20$88
Apr 202403384.451.66$55
Mar 202404780.301.55$73
Feb 202402376.091.78$41
Jan 202403273.023.30$106
Dec 202304571.262.61$117
Nov 202301277.892.81$34
Oct 20230585.443.09$15
Sep 20230689.042.74$16
Aug 20230780.522.67$19
Jul 20230674.852.64$16
Jun 202301568.962.26$34
May 202303570.622.23$78
Apr 202304278.122.24$94
Mar 202302872.852.39$67
Feb 20230975.112.47$22
Jan 202304176.533.39$139
Dec 202204676.415.73$264
Nov 202202485.005.65$136
Oct 202204387.185.86$252
Sep 202205584.888.16$449
Aug 202202894.529.13$256
Jul 2022038101.587.54$287
Jun 2022045115.097.98$359
May 2022041109.378.43$346
Apr 2022056104.226.84$383
Mar 2022035108.885.08$178
Feb 202205291.054.86$253
Jan 202202581.844.54$113
Dec 202106571.323.90$253
Nov 20210077.435.24$0
Oct 202103279.795.71$183
Sep 202103969.865.35$209
Aug 2021013066.024.22$549
Jul 2021054070.783.98$2,150
Jun 2021046169.493.38$1,558
May 2021089763.483.02$2,707
Apr 2021020060.362.76$552
Mar 202101,52961.302.72$4,154
Feb 2021029257.805.55$1,620
Jan 2021019050.412.81$534
Dec 202007944.642.68$211
Nov 202009338.772.71$252
Oct 202006136.972.48$151
Sep 202006037.091.99$119
Aug 202007539.982.39$179
Jul 202006238.371.83$113
Jun 202004734.901.69$79
May 2020018716.921.81$339
Apr 2020024014.751.80$433
Mar 2020011930.341.86$221
Feb 202008249.881.98$162
Jan 202008757.252.09$182
Dec 201909159.012.30$210
Nov 201909155.302.75$250
Oct 201909953.472.42$239
Sep 201908855.052.66$234
Aug 2019013753.112.30$316
Jul 2019010556.272.46$258
Jun 201909852.782.49$244
May 2019018358.482.74$501
Apr 2019022362.632.75$613
Mar 2019051356.803.06$1,571
Feb 2019014850.852.79$413
Jan 2019013546.033.23$436
Dec 2018014146.594.19$590
Nov 2018013452.934.24$568
Oct 2018016161.443.40$547
Sep 2018011459.543.11$354
Aug 2018015659.403.07$478
Jul 2018013565.142.93$396
Jun 2018015560.183.08$477
May 2018017065.382.90$493
Apr 2018022663.842.90$656
Mar 2018023661.222.79$658
Feb 2018016161.782.77$445
Jan 2018018762.874.01$750
Dec 2017019657.272.92$573
Nov 2017019455.423.12$605
Oct 2017020249.292.98$603
Sep 2017020047.523.09$617
Aug 2017022045.373.00$661
Jul 2017020443.873.09$630
Jun 201705942.493.09$182
May 201706045.373.26$196
Apr 201709547.933.21$305
Mar 2017013946.772.98$415
Feb 2017020650.452.95$608
Jan 2017025649.413.42$875
Dec 2016021048.763.72$782
Nov 20167921642.492.64$3,928
Oct 2016024346.193.09$751
Sep 2016024241.553.10$750
Aug 2016027241.442.92$795
Jul 2016022441.622.92$655
Jun 2016031745.352.69$851
May 2016039842.521.99$792
Apr 2016039036.561.99$777
Mar 2016038533.011.79$691
Feb 2016028326.472.06$584
Jan 2016026527.352.36$627
Dec 20157212532.362.00$2,580
Nov 2015028138.792.17$609
Oct 2015034343.552.43$832
Sep 2015027942.992.76$770
Aug 20159844040.162.87$5,200
Jul 2015042548.152.95$1,252
Jun 2015037156.152.88$1,070
May 2015033755.212.96$996
Apr 2015038049.822.71$1,029
Mar 2015028842.892.93$845
Feb 2015024744.662.98$735
Jan 2015030443.433.10$943
Dec 201412849754.693.59$8,785
Nov 2014044870.464.25$1,905
Oct 2014039978.303.90$1,556
Sep 2014064886.164.05$2,621
Aug 2014055389.394.04$2,231
Jul 2014072596.564.18$3,030
Jun 2014070798.164.74$3,349
May 2014079294.734.73$3,743
Apr 2014098895.944.81$4,751
Mar 201401,10095.895.06$5,562
Feb 2014077797.406.19$4,811
Jan 2014088590.404.86$4,302
Dec 201318294391.824.35$20,818
Nov 2013081488.853.74$3,043
Oct 2013093297.423.78$3,522
Sep 201301,019104.113.72$3,788
Aug 201301,296104.253.52$4,565
Jul 201301,291102.523.72$4,800
Jun 201301,12694.403.93$4,429
May 201301,27394.834.15$5,282
Apr 20131771,16193.964.28$21,603
Mar 201301,28793.623.91$5,036
Feb 201301,16191.233.42$3,971
Jan 201301,41191.603.42$4,825
Dec 201201,21886.773.42$4,166
Nov 20121841,41186.953.62$21,114
Oct 201201,53389.383.40$5,212
Sep 201201,42094.672.92$4,144
Aug 201201,24192.662.91$3,609
Jul 201201,59085.133.02$4,803
Jun 201201,40379.822.52$3,534
May 201201,58691.612.49$3,946
Apr 20121831,693101.652.00$21,983
Mar 201201,613105.052.22$3,584
Feb 201201,665101.102.57$4,279
Jan 201201,76198.092.73$4,815
Dec 201101,96996.873.24$6,379
Nov 201101,70295.723.31$5,636
Oct 20111802,01784.983.65$22,656
Sep 201102,04083.623.99$8,131
Aug 201101,72283.404.15$7,145
Jul 201101,70394.144.52$7,693
Jun 201101,63292.904.64$7,572
May 20111771,76598.134.40$25,144
Apr 201101,564105.964.33$6,777
Mar 201101,80496.364.06$7,319
Feb 201101,78885.644.18$7,474
Jan 201102,05886.504.59$9,444
Dec 20101682,04785.734.35$23,302
Nov 2010081280.843.80$3,082
Oct 201002,18178.103.51$7,653
Sep 201002,09372.633.98$8,329
Aug 201002,14573.684.42$9,480
Jul 20101722,19672.554.74$22,880
Jun 201002,16270.364.91$10,616
May 201002,27471.124.24$9,631
Apr 20101892,18981.694.12$24,464
Mar 201002,12078.394.39$9,304
Feb 201011,70373.585.44$9,342
Jan 201002,26674.365.96$13,515
Dec 200903,66171.445.48$20,076
Nov 20091673,33474.593.75$24,964
Oct 200903,05672.544.11$12,561
Sep 200901,95165.543.06$5,979
Aug 20091752,03667.423.22$18,351
Jul 200901,47561.133.46$5,110
Jun 200911,01366.163.90$4,012
May 2009048954.743.93$1,920
Apr 2009053046.773.59$1,901
Mar 2009068542.144.06$2,780
Feb 2009099732.814.63$4,619
Jan 20091891,52235.865.37$14,952
Dec 2008019537.105.98$1,166
Nov 2008015255.496.86$1,043
Oct 2008017275.246.92$1,191
Sep 20080260101.767.88$2,048
Aug 20080441114.228.48$3,741
Jul 20080368131.0811.39$4,191
Jun 20080264131.3313.03$3,441
May 20080288123.1711.57$3,333
Apr 20080272110.3110.45$2,844
Mar 20080287101.909.66$2,774
Feb 2008040392.538.77$3,535
Jan 2008061890.388.21$5,071
Dec 2007051088.337.30$3,724
Nov 2007042891.677.29$3,121
Oct 2007038282.856.92$2,644
Sep 2007033075.846.24$2,061
Aug 2007035169.066.39$2,242
Jul 2007034670.906.39$2,210
Jun 2007350262.007.55$3,975
May 2007070958.747.85$5,563
Apr 200718042559.617.81$14,047
Mar 2007079956.927.30$5,834
Feb 200701,08855.108.22$8,939
Jan 200701,52150.306.73$10,232
Dec 200601,36556.656.92$9,444
Nov 200601,41154.207.62$10,748
Oct 20061881,52454.906.01$19,486
Sep 200617794960.085.04$15,414
Aug 20061631,26768.717.34$20,499
Jul 200601,00069.376.34$6,343
Jun 200601,02766.286.38$6,556
May 200601,05766.016.42$6,791
Apr 200611,00464.397.36$7,454
Mar 200601,20256.707.08$8,514
Feb 200601,52757.597.75$11,836
Jan 200602,15960.598.93$19,287
Dec 20051961,36054.9413.42$29,013
Nov 200501,36054.6910.59$14,400
Oct 200501,59058.3413.80$21,935
Sep 20051891,66261.4512.08$31,689
Aug 200501,86661.519.80$18,281
Jul 20051791,95755.697.84$25,319
Jun 200501,65452.337.38$12,208
May 200501,91745.226.65$12,750
Apr 20051882,20649.207.36$25,487
Mar 200502,72650.377.15$19,504
Feb 20051882,19045.226.31$22,324
Jan 20051942,55343.166.32$24,514
Dec 200432,73139.866.75$18,557
Nov 20041952,55045.286.33$24,972
Oct 20041912,89449.706.52$28,347
Sep 200454,05243.245.28$21,627
Aug 20041893,43042.375.55$27,047
Jul 20041874,04238.286.08$31,751
Jun 200413,68036.106.43$23,710
May 20041923,81937.486.49$31,999
Apr 20041954,77134.475.86$34,672
Mar 200464,40934.365.53$24,589
Feb 2004144,52932.455.51$25,407
Jan 20041914,28332.036.30$33,099
Dec 200345,24630.266.30$33,179
Nov 200323,69928.804.60$17,055
Oct 20031904,32728.174.76$25,947
Sep 20031855,84926.314.75$32,646
Aug 20031905,21929.765.13$32,426
Jul 20033746,76729.415.17$45,990
Jun 20031836,30128.565.98$42,925
May 200338010,90226.595.97$75,218
Apr 200329815,02526.675.41$89,192
Mar 2003012,95431.146.10$78,968

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                   43 Mcf  × $  3.05 =       $131

────────────────────────────────────────────────────
Month total                                     $131

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/195959 is the state's own key, not one this site invented.