WATSON TRUST GU

Operated by FORMATION RESOUR FIELD SVCS, LLC (P-5 100566) in the STEWARDS MILL, NE. (RODESSA) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 219279District 05Field 86069666CondensateGasSaveExport
Value, all time
$1.0 M
Jun 2005 – May 2026
Value, last 12 filed months
$0
at the published price for each month
Months reported
252
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 14 leases and 15 wells, and the rule below applies to all of them.

Discovered
1958-12-09
as the register files it
Field class
Oil and 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 2005-10-04.

The Commission's schedule remark for this field reads: BY HEARING PER SAME DOCKET.

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
CondensateDisposition616 bbl$37,198
GasProduction112,066 Mcf$971,582
Total$1,008,780

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 31.8638, -96.1322. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.86376, -96.13221 · 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
11,175 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 11,175 ft.

Completions filed
Jun 2005
1 of 1 wells

1 well

42-16131320111,175 ftJun 2005

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 (252)

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

252 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 202306071.262.61$157
Nov 202306277.892.81$174
Oct 202305685.443.09$173
Sep 202305089.042.74$137
Aug 202305680.522.67$150
Jul 202305074.852.64$132
Jun 202305368.962.26$120
May 202305570.622.23$123
Apr 202305178.122.24$114
Mar 202305072.852.39$120
Feb 202306175.112.47$150
Jan 2023010976.533.39$369
Dec 2022010876.415.73$619
Nov 2022010085.005.65$565
Oct 2022010187.185.86$592
Sep 2022010884.888.16$882
Aug 2022011394.529.13$1,031
Jul 20220110101.587.54$830
Jun 20220136115.097.98$1,085
May 20220172109.378.43$1,450
Apr 20220100104.226.84$684
Mar 20220106108.885.08$538
Feb 2022010091.054.86$486
Jan 2022010281.844.54$463
Dec 2021010171.323.90$394
Nov 2021010477.435.24$545
Oct 2021010779.795.71$611
Sep 2021011869.865.35$631
Aug 2021010266.024.22$431
Jul 2021010470.783.98$414
Jun 2021010269.493.38$345
May 2021010063.483.02$302
Apr 2021010060.362.76$276
Mar 2021010261.302.72$277
Feb 202102557.805.55$139
Jan 2021010450.412.81$292
Dec 2020010544.642.68$281
Nov 2020010138.772.71$273
Oct 2020010636.972.48$263
Sep 2020010237.091.99$203
Aug 2020010039.982.39$239
Jul 2020010138.371.83$184
Jun 2020010034.901.69$169
May 2020010116.921.81$183
Apr 2020010514.751.80$189
Mar 2020010030.341.86$186
Feb 2020010249.881.98$202
Jan 2020010157.252.09$212
Dec 2019010859.012.30$249
Nov 2019010055.302.75$275
Oct 2019011153.472.42$268
Sep 2019010055.052.66$266
Aug 2019010153.112.30$233
Jul 2019010856.272.46$266
Jun 2019010152.782.49$252
May 2019010658.482.74$290
Apr 2019010862.632.75$297
Mar 2019011156.803.06$340
Feb 2019010550.852.79$293
Jan 2019011546.033.23$371
Dec 2018010746.594.19$448
Nov 2018010152.934.24$428
Oct 2018040661.443.40$1,380
Sep 2018010359.543.11$320
Aug 2018010259.403.07$313
Jul 2018010765.142.93$314
Jun 2018011360.183.08$348
May 2018011565.382.90$334
Apr 2018012263.842.90$354
Mar 2018012161.222.79$337
Feb 2018010561.782.77$290
Jan 2018015062.874.01$601
Dec 2017010157.272.92$295
Nov 2017010755.423.12$334
Oct 2017012149.292.98$361
Sep 2017012847.523.09$395
Aug 2017011945.373.00$358
Jul 2017010543.873.09$324
Jun 2017012042.493.09$370
May 2017013445.373.26$437
Apr 2017010747.933.21$344
Mar 2017015946.772.98$474
Feb 2017010850.452.95$319
Jan 2017013149.413.42$448
Dec 2016012248.763.72$454
Nov 2016012142.492.64$320
Oct 2016010446.193.09$321
Sep 2016010541.553.10$326
Aug 20160041.442.92$0
Jul 20160141.622.92$3
Jun 20160145.352.69$3
May 20160442.521.99$8
Apr 20160036.561.99$0
Mar 20160033.011.79$0
Feb 20160326.472.06$6
Jan 201603527.352.36$83
Dec 20150032.362.00$0
Nov 201502638.792.17$56
Oct 20150043.552.43$0
Sep 201502442.992.76$66
Aug 201501440.162.87$40
Jul 201502248.152.95$65
Jun 201503456.152.88$98
May 201503055.212.96$89
Apr 201502849.822.71$76
Mar 20150942.892.93$26
Feb 2015027244.662.98$810
Jan 20150043.433.10$0
Dec 20140054.693.59$0
Nov 20140070.464.25$0
Oct 20140078.303.90$0
Sep 20140086.164.05$0
Aug 20140089.394.04$0
Jul 20140096.564.18$0
Jun 20140098.164.74$0
May 20140094.734.73$0
Apr 20140095.944.81$0
Mar 20140095.895.06$0
Feb 20140097.406.19$0
Jan 20140090.404.86$0
Dec 20130091.824.35$0
Nov 20130088.853.74$0
Oct 20130097.423.78$0
Sep 201300104.113.72$0
Aug 201300104.253.52$0
Jul 201300102.523.72$0
Jun 20130094.403.93$0
May 20130094.834.15$0
Apr 20130093.964.28$0
Mar 20130093.623.91$0
Feb 20130091.233.42$0
Jan 20130091.603.42$0
Dec 20120086.773.42$0
Nov 20120086.953.62$0
Oct 20120089.383.40$0
Sep 20120094.672.92$0
Aug 20120092.662.91$0
Jul 20120085.133.02$0
Jun 20120079.822.52$0
May 20120091.612.49$0
Apr 201200101.652.00$0
Mar 201200105.052.22$0
Feb 201200101.102.57$0
Jan 20120098.092.73$0
Dec 20110096.873.24$0
Nov 20110095.723.31$0
Oct 20110084.983.65$0
Sep 20110083.623.99$0
Aug 20110083.404.15$0
Jul 20110094.144.52$0
Jun 20110092.904.64$0
May 20110098.134.40$0
Apr 201100105.964.33$0
Mar 20110096.364.06$0
Feb 20112085.644.18$171
Jan 20110086.504.59$0
Dec 20100085.734.35$0
Nov 20100080.843.80$0
Oct 2010029278.103.51$1,025
Sep 201007972.633.98$314
Aug 201007373.684.42$323
Jul 2010011872.554.74$559
Jun 2010010970.364.91$535
May 201009271.124.24$390
Apr 2010010181.694.12$416
Mar 2010013778.394.39$601
Feb 2010012373.585.44$669
Jan 201009974.365.96$590
Dec 2009013171.445.48$718
Nov 2009019874.593.75$743
Oct 2009010572.544.11$432
Sep 2009012265.543.06$374
Aug 200908367.423.22$267
Jul 2009015161.133.46$523
Jun 200903366.163.90$129
May 2009012954.743.93$506
Apr 2009014346.773.59$513
Mar 2009015242.144.06$617
Feb 2009015632.814.63$723
Jan 2009016035.865.37$859
Dec 2008020037.105.98$1,195
Nov 2008016955.496.86$1,159
Oct 2008020775.246.92$1,433
Sep 2008031101.767.88$244
Aug 200800114.228.48$0
Jul 200800131.0811.39$0
Jun 200800131.3313.03$0
May 200800123.1711.57$0
Apr 200800110.3110.45$0
Mar 200800101.909.66$0
Feb 20080092.538.77$0
Jan 2008010990.388.21$894
Dec 2007064188.337.30$4,681
Nov 2007044891.677.29$3,267
Oct 2007071582.856.92$4,949
Sep 2007044575.846.24$2,779
Aug 2007038669.066.39$2,466
Jul 2007052870.906.39$3,373
Jun 2007039762.007.55$2,997
May 2007080158.747.85$6,285
Apr 200711919059.617.81$8,577
Mar 200702,22856.927.30$16,269
Feb 200702,96555.108.22$24,360
Jan 200703,28850.306.73$22,118
Dec 200602,53256.656.92$17,517
Nov 200603,77754.207.62$28,771
Oct 200603,41754.906.01$20,549
Sep 200603,99160.085.04$20,103
Aug 2006038868.717.34$2,848
Jul 200601,68669.376.34$10,694
Jun 200602,89766.286.38$18,494
May 20060066.016.42$0
Apr 20060064.397.36$0
Mar 2006076656.707.08$5,426
Feb 200601,56457.597.75$12,123
Jan 200603,00060.598.93$26,800
Dec 200504,40354.9413.42$59,068
Nov 200503,71954.6910.59$39,378
Oct 200515911,66958.3413.80$170,259
Sep 200517011,76261.4512.08$152,520
Aug 200516612,84661.519.80$136,061
Jul 2005014,35355.697.84$112,580
Jun 200502,97952.337.38$21,988

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.

Dec 2023 — as filed, then multipliedworked
Condensate             0 bbl  × $ 71.26 =         $0
Gas                   60 Mcf  × $  2.61 =       $157

────────────────────────────────────────────────────
Month total                                     $157

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/219279 is the state's own key, not one this site invented.