WATSON, E. M.

Operated by HILCORP ENERGY COMPANY (P-5 386310) in the NAN-SU-GAIL (CV CONSOLIDATED) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 245605District 05Field 644092102 tax incentive programmesCondensateGasSaveExport
Value, all time
$3.4 M
Sep 2008 – May 2026
Value, last 12 filed months
$76 k
at the published price for each month
Months reported
213
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 300 leases and 300 wells, and the rule below applies to all of them.

Discovered
2002-10-08
as the register files it
Field class
Gas
the register's own label
Between wells
0 ft
minimum
From a lease line
330 ft
minimum

A drilling unit in this field needs at least 20 acres. The field rule took effect on 2016-10-11.

The Commission's schedule remark for this field reads: BETWEEN WELL SPACING.

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 Gas112009-03-30190515
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
CondensateDisposition7,237 bbl$460,989
GasProduction760,528 Mcf$2,949,915
Total$3,410,903

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 31.9005, -96.1105. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.90049, -96.11053 · 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
12,282 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 12,282 ft.

Completions filed
Sep 2008
1 of 1 wells

1 well

42-16134000112,282 ftSep 2008

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 (213)

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

213 months

May 202621,712106.413.05$5,427
Apr 202621,53198.932.87$4,591
Mar 202611,63489.753.15$5,236
Feb 202601,43463.503.75$5,378
Jan 202611,41959.138.00$11,408
Dec 202511,75356.664.41$7,793
Nov 202501,80058.593.93$7,068
Oct 202511,85859.383.30$6,200
Sep 202501,65962.743.08$5,105
Aug 202511,70463.933.01$5,201
Jul 202501,86466.743.32$6,180
Jun 202501,93466.483.13$6,051
May 202511,93160.553.23$6,302
Apr 202511,90962.363.54$6,826
Mar 202522,04567.704.27$8,864
Feb 20251851,76070.884.34$20,753
Jan 202511,78474.324.28$7,707
Dec 202401,91068.993.12$5,962
Nov 202401,92169.052.20$4,223
Oct 202401,99071.372.28$4,540
Sep 202402,02769.612.36$4,793
Aug 202412,05575.632.06$4,316
Jul 20241821,70679.932.15$18,209
Jun 202401,65178.082.63$4,349
May 202401,91578.812.20$4,210
Apr 202401,64584.451.66$2,729
Mar 202401,83980.301.55$2,841
Feb 202401,77576.091.78$3,166
Jan 202409473.023.30$310
Dec 202302,02671.262.61$5,289
Nov 202301,91677.892.81$5,379
Oct 202301,65185.443.09$5,097
Sep 202302,02589.042.74$5,538
Aug 202302,09580.522.67$5,600
Jul 202301,79174.852.64$4,731
Jun 20231761,99868.962.26$16,649
May 202301,90770.622.23$4,248
Apr 202302,03778.122.24$4,558
Mar 202301,72872.852.39$4,135
Feb 202301,83875.112.47$4,532
Jan 202301,21576.533.39$4,116
Dec 202201,51076.415.73$8,651
Nov 202202,09085.005.65$11,801
Oct 202202,22787.185.86$13,059
Sep 202202,32084.888.16$18,940
Aug 202202,31494.529.13$21,120
Jul 202202,389101.587.54$18,018
Jun 202202,169115.097.98$17,303
May 20221632,281109.378.43$37,063
Apr 202202,590104.226.84$17,709
Mar 202202,734108.885.08$13,879
Feb 202202,39691.054.86$11,642
Jan 202202,19581.844.54$9,960
Dec 20211862,48971.323.90$22,970
Nov 202102,58377.435.24$13,527
Oct 202102,19079.795.71$12,513
Sep 20211812,29669.865.35$24,930
Aug 202102,09266.024.22$8,829
Jul 202102,06470.783.98$8,219
Jun 202102,62469.493.38$8,871
May 20211792,50263.483.02$18,913
Apr 202102,16860.362.76$5,980
Mar 202102,42461.302.72$6,586
Feb 202101,65757.805.55$9,193
Jan 20211752,08950.412.81$14,692
Dec 202002,03144.642.68$5,434
Nov 202001,99638.772.71$5,402
Oct 202002,13236.972.48$5,284
Sep 202002,09637.091.99$4,173
Aug 202002,04139.982.39$4,868
Jul 202001,79838.371.83$3,282
Jun 202002,29834.901.69$3,884
May 202002,31916.921.81$4,208
Apr 202002,53714.751.80$4,578
Mar 202002,39130.341.86$4,438
Feb 202002,08849.881.98$4,136
Jan 202002,24357.252.09$4,699
Dec 201902,18059.012.30$5,024
Nov 201902,49055.302.75$6,849
Oct 201902,42353.472.42$5,860
Sep 201902,54455.052.66$6,760
Aug 20192642,76653.112.30$20,395
Jul 201902,52756.272.46$6,217
Jun 201902,42652.782.49$6,044
May 201902,48558.482.74$6,810
Apr 201902,69862.632.75$7,421
Mar 20191792,70556.803.06$18,450
Feb 201902,61450.852.79$7,299
Jan 201902,76246.033.23$8,916
Dec 201803,01046.594.19$12,598
Nov 201802,86152.934.24$12,123
Oct 201803,06561.443.40$10,415
Sep 201802,43959.543.11$7,580
Aug 201802,89959.403.07$8,890
Jul 201802,23765.142.93$6,559
Jun 201802,67660.183.08$8,234
May 20181882,80865.382.90$20,437
Apr 201802,80063.842.90$8,122
Mar 201802,72261.222.79$7,586
Feb 201802,51961.782.77$6,968
Jan 201802,65162.874.01$10,629
Dec 201702,57657.272.92$7,526
Nov 201702,84655.423.12$8,875
Oct 20171762,33449.292.98$15,639
Sep 201702,57747.523.09$7,956
Aug 20171862,93245.373.00$17,248
Jul 201702,77743.873.09$8,573
Jun 201702,81542.493.09$8,691
May 201703,01045.373.26$9,823
Apr 20171893,20247.933.21$19,342
Mar 201702,51846.772.98$7,513
Feb 201702,82650.452.95$8,344
Jan 201703,16249.413.42$10,810
Dec 201602,80048.763.72$10,424
Nov 201602,82242.492.64$7,462
Oct 201602,90446.193.09$8,974
Sep 201602,58441.553.10$8,012
Aug 201602,06441.442.92$6,036
Jul 20161832,93241.622.92$16,191
Jun 201602,94245.352.69$7,902
May 201603,31842.521.99$6,606
Apr 20161813,18736.561.99$12,963
Mar 201602,90333.011.79$5,208
Feb 201602,65126.472.06$5,471
Jan 201602,92627.352.36$6,918
Dec 20151723,02832.362.00$11,626
Nov 201502,86638.792.17$6,212
Oct 201503,24943.552.43$7,884
Sep 201503,14842.992.76$8,684
Aug 201503,05240.162.87$8,767
Jul 201502,82048.152.95$8,305
Jun 201503,10456.152.88$8,948
May 201503,45655.212.96$10,214
Apr 201503,13249.822.71$8,477
Mar 201502,72642.892.93$8,000
Feb 201501,94044.662.98$5,774
Jan 20151872,66143.433.10$16,372
Dec 201403,17354.693.59$11,395
Nov 201403,44970.464.25$14,665
Oct 201403,85278.303.90$15,027
Sep 201403,47186.164.05$14,042
Aug 20141033,82589.394.04$24,642
Jul 201403,38896.564.18$14,160
Jun 201403,63898.164.74$17,233
May 201403,66694.734.73$17,328
Apr 201403,81795.944.81$18,356
Mar 201403,65795.895.06$18,493
Feb 20141743,46697.406.19$38,409
Jan 201403,84090.404.86$18,665
Dec 201303,79491.824.35$16,521
Nov 201303,30388.853.74$12,348
Oct 20131813,92897.423.78$32,478
Sep 201304,192104.113.72$15,585
Aug 201304,705104.253.52$16,574
Jul 20131784,428102.523.72$34,711
Jun 201301,14494.403.93$4,500
May 201302,78194.834.15$11,539
Apr 201303,22293.964.28$13,799
Mar 201303,62393.623.91$14,176
Feb 201303,79191.233.42$12,965
Jan 201304,09691.603.42$14,008
Dec 201204,51486.773.42$15,439
Nov 201205,15086.953.62$18,669
Oct 201202,30289.383.40$7,826
Sep 201204,01194.672.92$11,706
Aug 201204,50392.662.91$13,095
Jul 201204,67285.133.02$14,113
Jun 201204,39479.822.52$11,069
May 20121504,66491.612.49$25,347
Apr 20121784,266101.652.00$26,612
Mar 201204,261105.052.22$9,468
Feb 201204,536101.102.57$11,659
Jan 201204,51398.092.73$12,339
Dec 201104,71296.873.24$15,266
Nov 201104,70295.723.31$15,570
Oct 201104,85184.983.65$17,699
Sep 201104,82183.623.99$19,216
Aug 201105,08783.404.15$21,108
Jul 201105,14994.144.52$23,259
Jun 20111795,12892.904.64$40,422
May 201105,68398.134.40$25,033
Apr 201105,350105.964.33$23,183
Mar 201105,57896.364.06$22,632
Feb 201104,91085.644.18$20,524
Jan 20111865,51986.504.59$41,414
Dec 201004,27785.734.35$18,595
Nov 201004,63180.843.80$17,576
Oct 201004,98978.103.51$17,506
Sep 20101805,87672.633.98$36,457
Aug 201036,32073.684.42$28,151
Jul 201026,41972.554.74$30,549
Jun 201006,44870.364.91$31,662
May 201006,88771.124.24$29,168
Apr 201017,36681.694.12$30,449
Mar 20101837,03578.394.39$45,220
Feb 201006,51873.585.44$35,473
Jan 201007,93574.365.96$47,325
Dec 200908,21271.445.48$45,033
Nov 20091828,27974.593.75$44,634
Oct 200908,77772.544.11$36,076
Sep 20091769,16965.543.06$39,636
Aug 200918010,17367.423.22$44,877
Jul 20091819,96961.133.46$45,602
Jun 200918110,70766.163.90$53,679
May 200909,63854.743.93$37,836
Apr 200918411,06446.773.59$48,298
Mar 200937215,16342.144.06$77,223
Feb 20091826,96632.814.63$38,245
Jan 200907,87935.865.37$42,318
Dec 200855411,39637.105.98$88,669
Nov 2008012,15755.496.86$83,401
Oct 2008019,26175.246.92$133,324
Sep 200808,546101.767.88$67,318

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             2 bbl  × $106.41 =       $213
Gas                1,712 Mcf  × $  3.05 =     $5,214

────────────────────────────────────────────────────
Month total                                   $5,427

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/245605 is the state's own key, not one this site invented.