WATSON, HANNAH NO. 1 GAS UNIT

Operated by DIVERSIFIED PRODUCTION LLC (P-5 220903) in the JEWETT (TRAVIS PEAK) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 229672District 05Field 463356002 tax incentive programmesCondensateGasSaveExport
Value, all time
$2.1 M
Apr 2007 – May 2026
Value, last 12 filed months
$9 k
at the published price for each month
Months reported
230
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 71 leases and 71 wells, and the rule below applies to all of them.

Discovered
1973-09-10
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 20 acres. The field rule took effect on 2008-08-12.

The Commission's schedule remark for this field reads: INTERVAL 9824'-12390',ALLOCATION FORMULA SHALL REMAIN SUSP.

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 Gas112007-10-18176201
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
CondensateDisposition413 bbl$25,361
GasProduction365,740 Mcf$2,085,490
Total$2,110,851

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 31.3691, -96.1145. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.36912, -96.11455 · 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
12,280 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 12,280 ft.

Completions filed
Apr 2007
1 of 1 wells

1 well

42-28931646112,280 ftApr 2007

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 (230)

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

230 months

May 20260194106.413.05$591
Apr 2026022198.932.87$634
Mar 2026024689.753.15$775
Feb 202608563.503.75$319
Jan 2026017059.138.00$1,360
Dec 2025018556.664.41$816
Nov 2025023958.593.93$938
Oct 2025019259.383.30$635
Sep 2025021862.743.08$671
Aug 2025021063.933.01$633
Jul 2025019966.743.32$660
Jun 2025020466.483.13$638
May 2025022460.553.23$724
Apr 2025019262.363.54$680
Mar 2025022067.704.27$939
Feb 2025020670.884.34$894
Jan 2025021774.324.28$928
Dec 2024027268.993.12$849
Nov 202412269.052.20$117
Oct 202404171.372.28$94
Sep 202481769.612.36$597
Aug 202408975.632.06$184
Jul 202402679.932.15$56
Jun 202403978.082.63$103
May 2024013678.812.20$299
Apr 2024016884.451.66$279
Mar 2024018680.301.55$287
Feb 2024018976.091.78$337
Jan 2024022873.023.30$752
Dec 2023021871.262.61$569
Nov 2023020277.892.81$567
Oct 2023021385.443.09$658
Sep 2023021489.042.74$585
Aug 2023022380.522.67$596
Jul 2023021374.852.64$563
Jun 2023014568.962.26$327
May 2023012770.622.23$283
Apr 2023019678.122.24$439
Mar 2023013972.852.39$333
Feb 2023013475.112.47$330
Jan 2023014376.533.39$484
Dec 2022017876.415.73$1,020
Nov 2022022085.005.65$1,242
Oct 2022047687.185.86$2,791
Sep 2022017984.888.16$1,461
Aug 2022023894.529.13$2,172
Jul 20220520101.587.54$3,922
Jun 202201,192115.097.98$9,509
May 20220589109.378.43$4,967
Apr 20220929104.226.84$6,352
Mar 20220589108.885.08$2,990
Feb 2022013791.054.86$666
Jan 2022015281.844.54$690
Dec 2021030071.323.90$1,170
Nov 2021029377.435.24$1,534
Oct 2021020879.795.71$1,188
Sep 2021037569.865.35$2,007
Aug 2021027866.024.22$1,173
Jul 2021011770.783.98$466
Jun 2021028469.493.38$960
May 2021030663.483.02$923
Apr 2021036360.362.76$1,001
Mar 2021031761.302.72$861
Feb 2021030557.805.55$1,692
Jan 2021032450.412.81$911
Dec 2020035244.642.68$942
Nov 2020034738.772.71$939
Oct 2020034236.972.48$848
Sep 2020025737.091.99$512
Aug 2020034239.982.39$816
Jul 2020038438.371.83$701
Jun 2020032734.901.69$553
May 2020037316.921.81$677
Apr 20202136514.751.80$968
Mar 2020036430.341.86$676
Feb 2020033249.881.98$658
Jan 2020035757.252.09$748
Dec 2019035759.012.30$823
Nov 2019038055.302.75$1,045
Oct 2019031453.472.42$759
Sep 2019040655.052.66$1,079
Aug 2019036153.112.30$832
Jul 2019040056.272.46$984
Jun 2019041852.782.49$1,041
May 2019035158.482.74$962
Apr 2019042762.632.75$1,175
Mar 2019035656.803.06$1,090
Feb 2019041350.852.79$1,153
Jan 2019042846.033.23$1,382
Dec 2018040246.594.19$1,683
Nov 2018045952.934.24$1,945
Oct 2018043761.443.40$1,485
Sep 2018036259.543.11$1,125
Aug 2018041559.403.07$1,273
Jul 2018045065.142.93$1,319
Jun 2018045760.183.08$1,406
May 2018049965.382.90$1,448
Apr 2018042363.842.90$1,227
Mar 2018038261.222.79$1,065
Feb 2018043561.782.77$1,203
Jan 2018053762.874.01$2,153
Dec 2017031657.272.92$923
Nov 2017040555.423.12$1,263
Oct 2017041449.292.98$1,235
Sep 2017044847.523.09$1,383
Aug 2017052145.373.00$1,565
Jul 2017053743.873.09$1,658
Jun 201711881042.493.09$7,515
May 2017043945.373.26$1,433
Apr 2017050747.933.21$1,628
Mar 2017065746.772.98$1,960
Feb 201703,64450.452.95$10,759
Jan 20170049.413.42$0
Dec 20160048.763.72$0
Nov 20160042.492.64$0
Oct 20160046.193.09$0
Sep 20160041.553.10$0
Aug 20160041.442.92$0
Jul 20160041.622.92$0
Jun 20160045.352.69$0
May 20160842.521.99$16
Apr 201601,10836.561.99$2,206
Mar 201601,13633.011.79$2,038
Feb 2016097326.472.06$2,008
Jan 2016095327.352.36$2,253
Dec 201501,20032.362.00$2,402
Nov 201501,13638.792.17$2,462
Oct 2015097443.552.43$2,363
Sep 2015078942.992.76$2,176
Aug 2015090440.162.87$2,597
Jul 201501,08248.152.95$3,187
Jun 201511,33356.152.88$3,899
May 201501,22155.212.96$3,609
Apr 201501,31349.822.71$3,554
Mar 201501,32242.892.93$3,880
Feb 201501,19044.662.98$3,542
Jan 201501,26943.433.10$3,935
Dec 201401,27754.693.59$4,586
Nov 201401,34070.464.25$5,697
Oct 201401,46878.303.90$5,727
Sep 201401,34486.164.05$5,437
Aug 201411,45189.394.04$5,944
Jul 201431,47096.564.18$6,434
Jun 201401,48898.164.74$7,048
May 201411,57994.734.73$7,558
Apr 201411,53195.944.81$7,459
Mar 201401,56595.895.06$7,914
Feb 201401,32297.406.19$8,186
Jan 201401,41590.404.86$6,878
Dec 201301,66291.824.35$7,237
Nov 201301,67188.853.74$6,247
Oct 201301,74397.423.78$6,587
Sep 201301,718104.113.72$6,387
Aug 201301,803104.253.52$6,351
Jul 201301,726102.523.72$6,417
Jun 201301,65094.403.93$6,490
May 201301,63294.834.15$6,771
Apr 201301,51293.964.28$6,475
Mar 201301,61893.623.91$6,331
Feb 201301,47191.233.42$5,031
Jan 201301,60091.603.42$5,472
Dec 201201,61886.773.42$5,534
Nov 201201,53686.953.62$5,568
Oct 201211,57689.383.40$5,447
Sep 201201,62594.672.92$4,742
Aug 201201,59892.662.91$4,647
Jul 201201,61985.133.02$4,891
Jun 201201,57579.822.52$3,967
May 201211,72491.612.49$4,381
Apr 201201,533101.652.00$3,061
Mar 201201,655105.052.22$3,678
Feb 201201,721101.102.57$4,423
Jan 201201,65298.092.73$4,517
Dec 201101,63196.873.24$5,284
Nov 201101,60095.723.31$5,298
Oct 201101,85884.983.65$6,779
Sep 201111,47683.623.99$5,967
Aug 201101,57983.404.15$6,552
Jul 201101,76994.144.52$7,991
Jun 201101,48692.904.64$6,895
May 201101,75098.134.40$7,708
Apr 201101,728105.964.33$7,488
Mar 201101,56696.364.06$6,354
Feb 201101,58285.644.18$6,613
Jan 201101,86186.504.59$8,540
Dec 201011,85785.734.35$8,160
Nov 201031,94880.843.80$7,636
Oct 201011,96278.103.51$6,963
Sep 201011,79372.633.98$7,208
Aug 201011,75173.684.42$7,812
Jul 201002,03072.554.74$9,615
Jun 201031,93170.364.91$9,693
May 201002,10071.124.24$8,894
Apr 201012,01881.694.12$8,401
Mar 201012,20978.394.39$9,773
Feb 201002,00173.585.44$10,890
Jan 201012,00974.365.96$12,056
Dec 20091552,00471.445.48$22,063
Nov 200921,65774.593.75$6,365
Oct 200901,83672.544.11$7,546
Sep 200911,92365.543.06$5,959
Aug 200901,87067.423.22$6,019
Jul 200932,24661.133.46$7,965
Jun 200922,34266.163.90$9,254
May 200932,62354.743.93$10,461
Apr 200962,64746.773.59$9,777
Mar 200933,08542.144.06$12,648
Feb 200913,80432.814.63$17,657
Jan 200903,31735.865.37$17,816
Dec 200833,60437.105.98$21,653
Nov 200843,72555.496.86$25,777
Oct 200804,27975.246.92$29,619
Sep 200804,267101.767.88$33,612
Aug 200804,768114.228.48$40,447
Jul 200805,021131.0811.39$57,186
Jun 200804,651131.3313.03$60,615
May 200806,036123.1711.57$69,862
Apr 200855,452110.3110.45$57,551
Mar 200815,838101.909.66$56,521
Feb 200834,90192.538.77$43,262
Jan 2008156,23790.388.21$52,535
Dec 2007610,80888.337.30$79,450
Nov 2007310,94291.677.29$80,061
Oct 2007713,17482.856.92$91,770
Sep 2007714,78275.846.24$92,832
Aug 2007015,94569.066.39$101,856
Jul 2007423,28570.906.39$149,027
Jun 2007826,05462.007.55$197,163
May 200703,71358.747.85$29,133
Apr 200702,43059.617.81$18,967

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                  194 Mcf  × $  3.05 =       $591

────────────────────────────────────────────────────
Month total                                     $591

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/229672 is the state's own key, not one this site invented.