WATSON TRUST GU

Operated by ATLAS OPERATING LLC (P-5 36587) in the MARSTERS, N.E. field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 226901District 05Field 577331002 tax incentive programmesCondensateGasSaveExport
Value, all time
$2.8 M
Jul 2006 – May 2026
Value, last 12 filed months
$29 k
at the published price for each month
Months reported
239
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 39 leases and 39 wells, and the rule below applies to all of them.

Discovered
1985-12-19
as the register files it
Field class
Gas
the register's own label
Between wells
1,320 ft
minimum
From a lease line
660 ft
minimum

A drilling unit in this field needs at least 160 acres. The field rule took effect on 1994-03-21.

The Commission's schedule remark for this field reads: PER DOCKET #05-0204338.

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 Gas112009-12-15195873
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
CondensateDisposition221 bbl$26,240
GasProduction534,254 Mcf$2,807,495
Total$2,833,735

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 31.8600, -96.1292. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.85998, -96.12916 · 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
12,000 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 12,000 ft.

Completions filed
Jul 2006
1 of 1 wells

1 well

42-16133615312,000 ftJul 2006

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 (239)

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

239 months

May 202600106.413.05$0
Apr 2026064698.932.87$1,854
Mar 2026065489.753.15$2,060
Feb 2026052763.503.75$1,976
Jan 2026055559.138.00$4,439
Dec 2025064756.664.41$2,855
Nov 2025073858.593.93$2,898
Oct 2025058059.383.30$1,917
Sep 2025076862.743.08$2,363
Aug 2025092363.933.01$2,783
Jul 2025096666.743.32$3,202
Jun 2025080866.483.13$2,528
May 202501,19660.553.23$3,866
Apr 202501,03262.363.54$3,657
Mar 2025094167.704.27$4,016
Feb 2025090570.884.34$3,928
Jan 2025084374.324.28$3,607
Dec 2024096668.993.12$3,015
Nov 202401,17069.052.20$2,572
Oct 202401,05471.372.28$2,405
Sep 2024060769.612.36$1,435
Aug 2024088175.632.06$1,818
Jul 2024086579.932.15$1,857
Jun 202401,21678.082.63$3,203
May 202401,08978.812.20$2,394
Apr 202401,22384.451.66$2,029
Mar 202401,04480.301.55$1,613
Feb 202401,31376.091.78$2,342
Jan 202401,37073.023.30$4,518
Dec 202301,10071.262.61$2,872
Nov 2023085777.892.81$2,406
Oct 202301,13285.443.09$3,495
Sep 202301,75389.042.74$4,795
Aug 2023092980.522.67$2,483
Jul 202301,75374.852.64$4,631
Jun 202301,74468.962.26$3,939
May 202301,71370.622.23$3,816
Apr 202301,03678.122.24$2,318
Mar 202301,66672.852.39$3,987
Feb 202301,67675.112.47$4,132
Jan 202301,46376.533.39$4,956
Dec 202201,20076.415.73$6,875
Nov 202201,14985.005.65$6,487
Oct 202201,52887.185.86$8,960
Sep 202201,72684.888.16$14,091
Aug 202202,14894.529.13$19,605
Jul 202202,013101.587.54$15,182
Jun 202202,161115.097.98$17,239
May 202202,284109.378.43$19,261
Apr 202202,361104.226.84$16,144
Mar 202203,731108.885.08$18,940
Feb 2022090091.054.86$4,373
Jan 2022096081.844.54$4,356
Dec 202101,08671.323.90$4,234
Nov 202101,07477.435.24$5,624
Oct 202101,21979.795.71$6,965
Sep 202101,30969.865.35$7,004
Aug 202101,53466.024.22$6,474
Jul 202101,34970.783.98$5,372
Jun 202101,16769.493.38$3,945
May 202101,22463.483.02$3,694
Apr 202101,34960.362.76$3,721
Mar 202101,48561.302.72$4,035
Feb 202101,66057.805.55$9,210
Jan 202102,33450.412.81$6,559
Dec 202004,42744.642.68$11,844
Nov 2020059238.772.71$1,602
Oct 2020061636.972.48$1,527
Sep 2020061637.091.99$1,226
Aug 2020063939.982.39$1,524
Jul 2020061038.371.83$1,113
Jun 2020068534.901.69$1,158
May 2020069316.921.81$1,258
Apr 2020065114.751.80$1,175
Mar 2020070130.341.86$1,301
Feb 2020069949.881.98$1,384
Jan 2020073657.252.09$1,542
Dec 2019091059.012.30$2,097
Nov 2019078455.302.75$2,157
Oct 2019091053.472.42$2,201
Sep 2019095055.052.66$2,524
Aug 2019093153.112.30$2,145
Jul 2019084756.272.46$2,084
Jun 2019082652.782.49$2,058
May 2019093358.482.74$2,557
Apr 2019088462.632.75$2,432
Mar 2019092456.803.06$2,829
Feb 2019078850.852.79$2,200
Jan 2019087146.033.23$2,812
Dec 2018091346.594.19$3,821
Nov 2018084952.934.24$3,597
Oct 2018092861.443.40$3,153
Sep 2018090859.543.11$2,822
Aug 2018097859.403.07$2,999
Jul 2018098665.142.93$2,891
Jun 2018094160.183.08$2,895
May 2018097065.382.90$2,814
Apr 201801,04963.842.90$3,043
Mar 201801,42961.222.79$3,982
Feb 201801,08461.782.77$2,998
Jan 201801,30562.874.01$5,232
Dec 201701,48357.272.92$4,333
Nov 201701,67955.423.12$5,236
Oct 201702,00849.292.98$5,991
Sep 2017084047.523.09$2,593
Aug 2017099645.373.00$2,992
Jul 2017098643.873.09$3,044
Jun 2017097842.493.09$3,019
May 201701,00545.373.26$3,280
Apr 2017093147.933.21$2,990
Mar 201701,03346.772.98$3,082
Feb 2017084250.452.95$2,486
Jan 201701,02849.413.42$3,515
Dec 201601,15248.763.72$4,289
Nov 201601,00142.492.64$2,647
Oct 201601,22046.193.09$3,770
Sep 201601,15341.553.10$3,575
Aug 201601,23741.442.92$3,617
Jul 201601,44641.622.92$4,229
Jun 201601,26545.352.69$3,398
May 201601,43742.521.99$2,861
Apr 201601,86036.561.99$3,703
Mar 201602,47733.011.79$4,444
Feb 201601,02626.472.06$2,117
Jan 2016099627.352.36$2,355
Dec 201501,00132.362.00$2,003
Nov 201501,01038.792.17$2,189
Oct 201501,01843.552.43$2,470
Sep 201501,07042.992.76$2,952
Aug 201501,11540.162.87$3,203
Jul 201501,16948.152.95$3,443
Jun 201501,14956.152.88$3,312
May 201501,17655.212.96$3,476
Apr 201501,20349.822.71$3,256
Mar 201501,55642.892.93$4,566
Feb 201501,35344.662.98$4,027
Jan 201501,84243.433.10$5,711
Dec 201402,36954.693.59$8,508
Nov 201401,05070.464.25$4,464
Oct 201401,21378.303.90$4,732
Sep 201401,19086.164.05$4,814
Aug 201401,39189.394.04$5,613
Jul 201401,26596.564.18$5,287
Jun 201401,21898.164.74$5,770
May 201401,13194.734.73$5,346
Apr 2014056395.944.81$2,708
Mar 201491,25195.895.06$7,189
Feb 2014151,28597.406.19$9,418
Jan 201401,50390.404.86$7,306
Dec 201301,71191.824.35$7,451
Nov 201301,20688.853.74$4,508
Oct 201301,29997.423.78$4,909
Sep 201301,279104.113.72$4,755
Aug 201301,341104.253.52$4,724
Jul 201301,363102.523.72$5,067
Jun 201301,38794.403.93$5,456
May 201301,44194.834.15$5,979
Apr 201301,61193.964.28$6,899
Mar 201301,60293.623.91$6,268
Feb 201301,48491.233.42$5,075
Jan 201301,63391.603.42$5,585
Dec 201201,71686.773.42$5,869
Nov 201201,69386.953.62$6,137
Oct 201201,88789.383.40$6,415
Sep 201201,84994.672.92$5,396
Aug 2012142,16192.662.91$7,582
Jul 201201,99385.133.02$6,020
Jun 201201,80679.822.52$4,549
May 201202,01491.612.49$5,011
Apr 201201,936101.652.00$3,866
Mar 201201,959105.052.22$4,353
Feb 201201,857101.102.57$4,773
Jan 201202,13298.092.73$5,829
Dec 201102,26996.873.24$7,351
Nov 201102,34095.723.31$7,748
Oct 201102,21384.983.65$8,074
Sep 201101,76683.623.99$7,039
Aug 201101,39283.404.15$5,776
Jul 201101,53394.144.52$6,925
Jun 201101,97492.904.64$9,159
May 201102,17098.134.40$9,558
Apr 201102,473105.964.33$10,716
Mar 201101,48496.364.06$6,021
Feb 2011201,82985.644.18$9,358
Jan 201101,57086.504.59$7,204
Dec 201001,87985.734.35$8,169
Nov 201002,17080.843.80$8,236
Oct 201002,38178.103.51$8,355
Sep 201001,44172.633.98$5,734
Aug 201062,95873.684.42$13,515
Jul 201013,08272.554.74$14,670
Jun 201003,48670.364.91$17,118
May 201001,91371.124.24$8,102
Apr 201002,31081.694.12$9,523
Mar 201001,63878.394.39$7,189
Feb 201001,96173.585.44$10,672
Jan 201012,73774.365.96$16,398
Dec 200901,96371.445.48$10,765
Nov 200902,45174.593.75$9,195
Oct 200903,05772.544.11$12,565
Sep 200906,95465.543.06$21,312
Aug 200904,12767.423.22$13,283
Jul 200903,78561.133.46$13,113
Jun 200903,76266.163.90$14,653
May 200903,86854.743.93$15,185
Apr 200903,60046.773.59$12,915
Mar 200903,78042.144.06$15,343
Feb 200903,92732.814.63$18,194
Jan 200904,96335.865.37$26,656
Dec 200804,41037.105.98$26,359
Nov 200804,71455.496.86$32,340
Oct 200804,36175.246.92$30,187
Sep 200804,997101.767.88$39,362
Aug 200804,622114.228.48$39,209
Jul 20081553,896131.0811.39$64,691
Jun 200803,910131.3313.03$50,958
May 200804,259123.1711.57$49,295
Apr 200804,445110.3110.45$46,472
Mar 200804,652101.909.66$44,957
Feb 200804,50292.538.77$39,485
Jan 200804,65490.388.21$38,189
Dec 200706,87988.337.30$50,230
Nov 200706,27391.677.29$45,741
Oct 200706,72282.856.92$46,530
Sep 200707,10275.846.24$44,346
Aug 200707,09669.066.39$45,329
Jul 200707,68070.906.39$49,059
Jun 2007015,63562.007.55$118,020
May 2007013,98758.747.85$109,746
Apr 200707,46859.617.81$58,289
Mar 200707,39356.927.30$53,983
Feb 200706,92255.108.22$56,871
Jan 200709,58950.306.73$64,504
Dec 200609,81556.656.92$67,904
Nov 2006010,32154.207.62$78,620
Oct 2006012,57154.906.01$75,599
Sep 2006014,31660.085.04$72,113
Aug 2006016,69968.717.34$122,569
Jul 2006076569.376.34$4,852

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.

Apr 2026 — as filed, then multipliedworked
Condensate             0 bbl  × $ 98.93 =         $0
Gas                  646 Mcf  × $  2.87 =     $1,854

────────────────────────────────────────────────────
Month total                                   $1,854

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/226901 is the state's own key, not one this site invented.