WATSON, HANNAH NO. 1 GAS UNIT

Operated by SABINE OIL & GAS CORPORATION (P-5 742143) 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 244948District 05Field 463356002 tax incentive programmesCondensateGasSaveExport
Value, all time
$1.4 M
Nov 2008 – Jan 2021
Value, last 12 filed months
$10 k
at the published price for each month
Months reported
147
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 Gas112009-06-29188209
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
CondensateDisposition458 bbl$21,425
GasProduction318,520 Mcf$1,334,644
Total$1,356,069

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 31.3647, -96.1174. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.36469, -96.11737 · 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
100.0%
1 of 1 wells
With a plug date
0.0%
0 of 1 wells
Median depth
12,504 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
1100.0%
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.
00.0%

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 12,504 ft.

Completions filed
Jan 2021
1 of 1 wells

1 well

42-28931752312,504 ftJan 2021Yes

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 (147)

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

147 months

Jan 20210050.412.81$0
Dec 20200044.642.68$0
Nov 202005738.772.71$154
Oct 2020013836.972.48$342
Sep 202007837.091.99$155
Aug 2020019539.982.39$465
Jul 202001,03838.371.83$1,894
Jun 202009234.901.69$156
May 2020052016.921.81$944
Apr 202015492614.751.80$3,942
Mar 202001,10030.341.86$2,042
Feb 2020011849.881.98$234
Jan 2020021557.252.09$450
Dec 2019063559.012.30$1,463
Nov 201901,74055.302.75$4,786
Oct 201906753.472.42$162
Sep 201909855.052.66$260
Aug 2019050653.112.30$1,166
Jul 2019073756.272.46$1,813
Jun 2019062152.782.49$1,547
May 201901,26558.482.74$3,467
Apr 2019025562.632.75$701
Mar 2019073656.803.06$2,254
Feb 201901,14050.852.79$3,183
Jan 2019010546.033.23$339
Dec 2018019646.594.19$820
Nov 2018074252.934.24$3,144
Oct 201801,12761.443.40$3,830
Sep 2018023159.543.11$718
Aug 2018061159.403.07$1,874
Jul 201801,72365.142.93$5,052
Jun 2018013160.183.08$403
May 2018021165.382.90$612
Apr 2018186363.842.90$2,567
Mar 2018099661.222.79$2,776
Feb 2018024361.782.77$672
Jan 201801,77062.874.01$7,097
Dec 2017084057.272.92$2,454
Nov 2017016955.423.12$527
Oct 2017027849.292.98$829
Sep 2017055247.523.09$1,704
Aug 201701,04645.373.00$3,143
Jul 201701,51243.873.09$4,668
Jun 201705,59442.493.09$17,270
May 201704645.373.26$150
Apr 20170047.933.21$0
Mar 20170046.772.98$0
Feb 20170050.452.95$0
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 2016028542.521.99$567
Apr 201611,12736.561.99$2,280
Mar 2016098333.011.79$1,764
Feb 201601,16626.472.06$2,406
Jan 201601,23727.352.36$2,925
Dec 201501,20732.362.00$2,416
Nov 2015085638.792.17$1,855
Oct 201501,31943.552.43$3,201
Sep 2015047642.992.76$1,313
Aug 2015075640.162.87$2,172
Jul 201501,07948.152.95$3,178
Jun 201501,14156.152.88$3,289
May 201501,30755.212.96$3,863
Apr 201501,14549.822.71$3,099
Mar 201501,36242.892.93$3,997
Feb 201501,18044.662.98$3,512
Jan 201501,46643.433.10$4,546
Dec 201401,56854.693.59$5,631
Nov 201401,70470.464.25$7,245
Oct 201401,77378.303.90$6,916
Sep 201401,57986.164.05$6,388
Aug 201411,61089.394.04$6,586
Jul 201431,62896.564.18$7,094
Jun 201401,71598.164.74$8,124
May 201431,65494.734.73$8,102
Apr 201411,55695.944.81$7,579
Mar 201401,56495.895.06$7,909
Feb 201411,38797.406.19$8,686
Jan 201401,61990.404.86$7,870
Dec 201301,67591.824.35$7,294
Nov 201301,67388.853.74$6,254
Oct 201301,87497.423.78$7,083
Sep 201301,779104.113.72$6,614
Aug 201301,847104.253.52$6,506
Jul 201301,924102.523.72$7,153
Jun 201301,90094.403.93$7,473
May 201301,99594.834.15$8,277
Apr 201302,03993.964.28$8,732
Mar 201301,67693.623.91$6,558
Feb 201301,67091.233.42$5,711
Jan 201301,81891.603.42$6,217
Dec 201201,79386.773.42$6,132
Nov 201201,81786.953.62$6,587
Oct 201221,93689.383.40$6,761
Sep 201201,93194.672.92$5,635
Aug 201201,92092.662.91$5,584
Jul 201201,94685.133.02$5,878
Jun 201201,90479.822.52$4,796
May 201221,96791.612.49$5,078
Apr 201201,927101.652.00$3,848
Mar 201202,025105.052.22$4,500
Feb 201201,951101.102.57$5,015
Jan 201202,05498.092.73$5,616
Dec 201102,00196.873.24$6,483
Nov 201102,04395.723.31$6,765
Oct 201102,12284.983.65$7,742
Sep 201101,84983.623.99$7,370
Aug 201101,47183.404.15$6,104
Jul 201101,78394.144.52$8,054
Jun 201101,73092.904.64$8,027
May 201101,58898.134.40$6,995
Apr 201101,736105.964.33$7,523
Mar 201101,91996.364.06$7,786
Feb 201101,58485.644.18$6,621
Jan 201101,71486.504.59$7,865
Dec 201011,74685.734.35$7,677
Nov 201031,75080.843.80$6,884
Oct 201001,91278.103.51$6,709
Sep 201011,99372.633.98$8,004
Aug 201022,26073.684.42$10,135
Jul 201012,42772.554.74$11,568
Jun 201042,41570.364.91$12,140
May 20101352,43671.124.24$19,918
Apr 201032,58081.694.12$10,882
Mar 201022,75678.394.39$12,252
Feb 201002,95773.585.44$16,093
Jan 201013,18574.365.96$19,070
Dec 200913,61271.445.48$19,879
Nov 200923,86174.593.75$14,634
Oct 200924,53172.544.11$18,769
Sep 200914,75865.543.06$14,648
Aug 200925,44767.423.22$17,666
Jul 200976,07661.133.46$21,478
Jun 200989,15666.163.90$36,192
May 2009312,67954.743.93$49,939
Apr 20091815,16346.773.59$55,239
Mar 20091218,76942.144.06$76,689
Feb 2009314,11832.814.63$65,507
Jan 200909,62735.865.37$51,707
Dec 20083019,51237.105.98$117,739
Nov 20084727,50155.496.86$191,275

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.

Nov 2020 — as filed, then multipliedworked
Condensate             0 bbl  × $ 38.77 =         $0
Gas                   57 Mcf  × $  2.71 =       $154

────────────────────────────────────────────────────
Month total                                     $154

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/244948 is the state's own key, not one this site invented.