WATSON, M. L. GU #1

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 227108District 05Field 577331002 tax incentive programmesCondensateGasSaveExport
Value, all time
$4.2 M
Jul 2006 – May 2026
Value, last 12 filed months
$97 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 Gas112009-12-15195872
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
CondensateDisposition1,470 bbl$105,605
GasProduction860,769 Mcf$4,101,448
Total$4,207,052

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 31.8771, -96.1340. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.87708, -96.13398 · 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
12,100 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 12,100 ft.

Completions filed
Jul 2006
1 of 1 wells

1 well

42-16133592612,100 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 202602,02398.932.87$5,805
Mar 202602,50089.753.15$7,874
Feb 202601,72263.503.75$6,458
Jan 202601,88959.138.00$15,108
Dec 202502,37456.664.41$10,477
Nov 202502,37958.593.93$9,341
Oct 202502,38359.383.30$7,875
Sep 202502,44662.743.08$7,526
Aug 202503,12963.933.01$9,433
Jul 202502,59466.743.32$8,600
Jun 202502,84466.483.13$8,898
May 202503,26360.553.23$10,547
Apr 202503,18662.363.54$11,288
Mar 202503,21567.704.27$13,723
Feb 202502,57170.884.34$11,160
Jan 202501,03474.324.28$4,424
Dec 202403,05968.993.12$9,548
Nov 202402,73869.052.20$6,019
Oct 202402,40871.372.28$5,494
Sep 202402,18869.612.36$5,173
Aug 202402,72275.632.06$5,617
Jul 202402,78379.932.15$5,974
Jun 202402,73578.082.63$7,204
May 202403,36778.812.20$7,402
Apr 202402,88184.451.66$4,780
Mar 202403,23080.301.55$4,991
Feb 202402,99076.091.78$5,333
Jan 202403,14173.023.30$10,358
Dec 20231563,24171.262.61$19,578
Nov 202302,83477.892.81$7,957
Oct 202303,61085.443.09$11,145
Sep 202302,26889.042.74$6,203
Aug 202302,74780.522.67$7,342
Jul 202302,26874.852.64$5,992
Jun 202302,42368.962.26$5,472
May 202302,21770.622.23$4,938
Apr 202303,39378.122.24$7,593
Mar 202304,23272.852.39$10,128
Feb 202302,98075.112.47$7,348
Jan 20231783,46476.533.39$25,357
Dec 202202,58076.415.73$14,781
Nov 202202,19185.005.65$12,371
Oct 202201,78687.185.86$10,473
Sep 202201,74184.888.16$14,213
Aug 202202,13494.529.13$19,477
Jul 202202,646101.587.54$19,956
Jun 202202,218115.097.98$17,693
May 202201,457109.378.43$12,287
Apr 202201,946104.226.84$13,306
Mar 202201,648108.885.08$8,366
Feb 202202,41891.054.86$11,749
Jan 202203,37081.844.54$15,292
Dec 202103,43971.323.90$13,409
Nov 202103,14977.435.24$16,491
Oct 202103,19279.795.71$18,239
Sep 202103,36969.865.35$18,027
Aug 202103,39966.024.22$14,346
Jul 202103,26270.783.98$12,990
Jun 202102,94669.493.38$9,959
May 202103,12963.483.02$9,442
Apr 202103,27760.362.76$9,039
Mar 202103,20061.302.72$8,694
Feb 202101,62557.805.55$9,015
Jan 202103,15050.412.81$8,852
Dec 202003,09744.642.68$8,286
Nov 202002,68938.772.71$7,278
Oct 202003,02936.972.48$7,507
Sep 202003,17137.091.99$6,314
Aug 202003,03339.982.39$7,234
Jul 202002,11838.371.83$3,866
Jun 202002,73534.901.69$4,623
May 202002,55216.921.81$4,631
Apr 202002,18614.751.80$3,944
Mar 20201772,15930.341.86$9,378
Feb 202002,55349.881.98$5,057
Jan 202002,47657.252.09$5,187
Dec 201902,18159.012.30$5,026
Nov 201902,11255.302.75$5,809
Oct 201903,42753.472.42$8,288
Sep 201903,05955.052.66$8,129
Aug 201901,50953.112.30$3,477
Jul 201902,93856.272.46$7,228
Jun 201903,64852.782.49$9,088
May 201903,75258.482.74$10,282
Apr 201903,13062.632.75$8,610
Mar 201903,27256.803.06$10,019
Feb 201902,78550.852.79$7,776
Jan 201902,90546.033.23$9,378
Dec 201803,08046.594.19$12,891
Nov 201802,97852.934.24$12,619
Oct 201803,01061.443.40$10,228
Sep 20181742,80059.543.11$19,062
Aug 201803,15359.403.07$9,669
Jul 201802,45165.142.93$7,186
Jun 201801,67860.183.08$5,163
May 201803,72565.382.90$10,805
Apr 201803,33863.842.90$9,683
Mar 201803,26561.222.79$9,099
Feb 201803,04161.782.77$8,412
Jan 201803,04662.874.01$12,212
Dec 201703,45557.272.92$10,094
Nov 201702,12555.423.12$6,627
Oct 201701,90949.292.98$5,696
Sep 201702,02047.523.09$6,236
Aug 201702,65645.373.00$7,980
Jul 201703,06643.873.09$9,466
Jun 201703,92842.493.09$12,127
May 201702,54145.373.26$8,292
Apr 201703,13747.933.21$10,075
Mar 201701,43646.772.98$4,285
Feb 20171691,67650.452.95$13,475
Jan 201701,66649.413.42$5,696
Dec 20161812,34648.763.72$17,559
Nov 201601,34442.492.64$3,554
Oct 201601,74946.193.09$5,405
Sep 201602,89041.553.10$8,961
Aug 201602,73641.442.92$8,001
Jul 201604,42241.622.92$12,931
Jun 201602,50945.352.69$6,739
May 201602,30242.521.99$4,583
Apr 201604,07036.561.99$8,104
Mar 201602,70333.011.79$4,849
Feb 201604,11526.472.06$8,492
Jan 201602,59027.352.36$6,124
Dec 201503,33232.362.00$6,669
Nov 201502,34138.792.17$5,074
Oct 201502,51543.552.43$6,103
Sep 201502,48042.992.76$6,841
Aug 201562,59940.162.87$7,707
Jul 201502,82948.152.95$8,332
Jun 201503,75956.152.88$10,837
May 201503,51655.212.96$10,391
Apr 201502,64749.822.71$7,164
Mar 201503,59142.892.93$10,539
Feb 201502,04144.662.98$6,074
Jan 201502,17643.433.10$6,747
Dec 201403,46054.693.59$12,426
Nov 201403,01170.464.25$12,802
Oct 201403,61478.303.90$14,098
Sep 201403,29386.164.05$13,322
Aug 201402,78389.394.04$11,230
Jul 201402,82496.564.18$11,803
Jun 20141313,34598.164.74$28,704
May 201403,07894.734.73$14,548
Apr 201403,33595.944.81$16,038
Mar 2014182,62095.895.06$14,975
Feb 2014483,20397.406.19$24,508
Jan 201413,19690.404.86$15,625
Dec 201302,59491.824.35$11,296
Nov 201303,28588.853.74$12,280
Oct 201313,38597.423.78$12,891
Sep 201302,943104.113.72$10,941
Aug 201303,332104.253.52$11,737
Jul 201303,449102.523.72$12,822
Jun 201303,92594.403.93$15,439
May 201302,68094.834.15$11,120
Apr 201303,84993.964.28$16,484
Mar 201313,49393.623.91$13,761
Feb 201302,83691.233.42$9,699
Jan 201303,45291.603.42$11,806
Dec 201213,12386.773.42$10,768
Nov 201203,89486.953.62$14,116
Oct 201202,61289.383.40$8,880
Sep 201202,49194.672.92$7,270
Aug 2012173,09192.662.91$10,564
Jul 201213,24685.133.02$9,891
Jun 201202,93679.822.52$7,396
May 201203,31591.612.49$8,249
Apr 201202,067101.652.00$4,127
Mar 201202,276105.052.22$5,057
Feb 201202,161101.102.57$5,554
Jan 201202,55198.092.73$6,975
Dec 201102,44096.873.24$7,905
Nov 201102,47095.723.31$8,179
Oct 201102,74684.983.65$10,019
Sep 201102,56183.623.99$10,208
Aug 201102,65683.404.15$11,021
Jul 201101,52494.144.52$6,884
Jun 201101,60092.904.64$7,424
May 201101,52798.134.40$6,726
Apr 201102,088105.964.33$9,048
Mar 201101,30296.364.06$5,283
Feb 2011293,14385.644.18$15,621
Jan 201103,71586.504.59$17,047
Dec 201002,81685.734.35$12,243
Nov 201002,77680.843.80$10,536
Oct 201003,12578.103.51$10,965
Sep 201002,98072.633.98$11,859
Aug 201002,44173.684.42$10,788
Jul 201002,81272.554.74$13,319
Jun 201002,12870.364.91$10,449
May 201002,84471.124.24$12,045
Apr 201002,54281.694.12$10,480
Mar 201002,32878.394.39$10,217
Feb 201001,41373.585.44$7,690
Jan 201001,84874.365.96$11,022
Dec 200902,92971.445.48$16,062
Nov 200902,20874.593.75$8,283
Oct 200903,12872.544.11$12,857
Sep 200903,56965.543.06$10,938
Aug 200903,39867.423.22$10,936
Jul 200904,61761.133.46$15,996
Jun 200902,28666.163.90$8,904
May 2009055454.743.93$2,175
Apr 200902,39446.773.59$8,588
Mar 200908242.144.06$333
Feb 20090032.814.63$0
Jan 200904,68435.865.37$25,158
Dec 200804,60537.105.98$27,525
Nov 200804,18555.496.86$28,711
Oct 200805,71275.246.92$39,538
Sep 200804,477101.767.88$35,266
Aug 200804,823114.228.48$40,914
Jul 200804,700131.0811.39$53,530
Jun 20081815,180131.3313.03$91,280
May 200805,505123.1711.57$63,716
Apr 200805,921110.3110.45$61,903
Mar 200806,113101.909.66$59,076
Feb 200804,54392.538.77$39,845
Jan 200805,41290.388.21$44,409
Dec 200707,03788.337.30$51,384
Nov 200707,03291.677.29$51,275
Oct 200708,36582.856.92$57,902
Sep 200708,19475.846.24$51,165
Aug 200708,76869.066.39$56,009
Jul 2007010,16370.906.39$64,921
Jun 2007010,79662.007.55$81,493
May 200708,66658.747.85$67,996
Apr 2007010,69759.617.81$83,492
Mar 2007012,33456.927.30$90,063
Feb 2007012,44555.108.22$102,248
Jan 2007015,61150.306.73$105,013
Dec 2006016,72956.656.92$115,739
Nov 2006017,52754.207.62$133,512
Oct 2006021,11854.906.01$126,999
Sep 2006019,96260.085.04$100,553
Aug 2006016,33068.717.34$119,861
Jul 2006017,35669.376.34$110,085

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                2,023 Mcf  × $  2.87 =     $5,805

────────────────────────────────────────────────────
Month total                                   $5,805

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/227108 is the state's own key, not one this site invented.