WATSON

Operated by STROUD PETROLEUM, INC. (P-5 828082) in the FREESTONE (CV-BOSSIER CONS.) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 263429District 05Field 32950285Hydrogen sulphide fieldGasSaveExport
Value, all time
$2.0 M
Sep 2010 – May 2026
Value, last 12 filed months
$68 k
at the published price for each month
Months reported
189
no gaps in the span
Streams
1
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 960 leases and 960 wells, and the rule below applies to all of them.

Discovered
2006-02-28
as the register files it
Field class
Gas
the register's own label
Between wells
600 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 2016-11-15.

The register flags this field for hydrogen sulphide. That is a poisonous gas that occurs naturally in some formations. The flag is a property of the field as the Commission records it. It is not a measurement taken at this lease, and it is not a statement that gas is escaping anywhere.

The Commission's schedule remark for this field reads: PLATS FOR INDIVIDUAL WELLS IN THE FIELD IF THEY CHOOSE.

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
GasProduction571,326 Mcf$2,012,829
Total$2,012,829

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 31.4869, -96.3801. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.48687, -96.38011 · 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
11,400 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 11,400 ft.

Completions filed
Sep 2010
1 of 1 wells

1 well

42-29332261411,400 ftSep 2010

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 (189)

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

189 months

May 20261,121106.413.05$3,414
Apr 202679298.932.87$2,273
Mar 20261,34789.753.15$4,242
Feb 20261,52863.503.75$5,730
Jan 20261,20359.138.00$9,622
Dec 20252,01356.664.41$8,884
Nov 20251,55858.593.93$6,117
Oct 20251,45959.383.30$4,822
Sep 20251,70262.743.08$5,237
Aug 20251,95563.933.01$5,894
Jul 20252,31466.743.32$7,671
Jun 20251,38466.483.13$4,330
May 202537860.553.23$1,222
Apr 202560562.363.54$2,144
Mar 20251,67067.704.27$7,128
Feb 20251,44870.884.34$6,286
Jan 20252,17174.324.28$9,289
Dec 202467968.993.12$2,119
Nov 202444669.052.20$981
Oct 202466871.372.28$1,524
Sep 202473369.612.36$1,733
Aug 20241,28175.632.06$2,644
Jul 202487979.932.15$1,887
Jun 202496778.082.63$2,547
May 20241,64478.812.20$3,614
Apr 20241,08984.451.66$1,807
Mar 20241,33280.301.55$2,058
Feb 20241,27776.091.78$2,278
Jan 20241,45173.023.30$4,785
Dec 20231,36671.262.61$3,566
Nov 20231,51177.892.81$4,242
Oct 20231,11085.443.09$3,427
Sep 20231,66689.042.74$4,557
Aug 20232,52480.522.67$6,746
Jul 202352774.852.64$1,392
Jun 202390068.962.26$2,033
May 202395970.622.23$2,136
Apr 20231,98378.122.24$4,437
Mar 20232,22772.852.39$5,330
Feb 20232,15475.112.47$5,311
Jan 20232,13776.533.39$7,240
Dec 20222,75676.415.73$15,789
Nov 20222,53985.005.65$14,336
Oct 20222,48987.185.86$14,595
Sep 20221,61784.888.16$13,201
Aug 20221,30894.529.13$11,938
Jul 20222,109101.587.54$15,906
Jun 20222,441115.097.98$19,472
May 20222,133109.378.43$17,988
Apr 20222,135104.226.84$14,598
Mar 20222,142108.885.08$10,874
Feb 20222,04791.054.86$9,946
Jan 20221,71281.844.54$7,769
Dec 20212,01271.323.90$7,845
Nov 20212,19077.435.24$11,469
Oct 20212,48479.795.71$14,193
Sep 202168969.865.35$3,687
Aug 20211,97366.024.22$8,327
Jul 20212,53670.783.98$10,099
Jun 20211,95369.493.38$6,602
May 20211,36463.483.02$4,116
Apr 20211,36060.362.76$3,751
Mar 20211,81461.302.72$4,929
Feb 20211,83157.805.55$10,158
Jan 20212,45350.412.81$6,894
Dec 20202,34544.642.68$6,274
Nov 20201,78638.772.71$4,834
Oct 20201,77136.972.48$4,389
Sep 20202,12937.091.99$4,239
Aug 20202,01439.982.39$4,804
Jul 20202,26938.371.83$4,141
Jun 20202,13934.901.69$3,616
May 20202,02716.921.81$3,679
Apr 20202,28614.751.80$4,125
Mar 20202,96530.341.86$5,504
Feb 20202,56549.881.98$5,080
Jan 20202,76457.252.09$5,790
Dec 20192,77759.012.30$6,399
Nov 20192,38355.302.75$6,555
Oct 20192,29353.472.42$5,546
Sep 20192,18055.052.66$5,793
Aug 20192,09853.112.30$4,835
Jul 20192,30756.272.46$5,675
Jun 20192,13352.782.49$5,314
May 20192,12058.482.74$5,809
Apr 20192,08662.632.75$5,738
Mar 20192,55856.803.06$7,833
Feb 20192,30650.852.79$6,439
Jan 20192,50146.033.23$8,074
Dec 20182,62546.594.19$10,987
Nov 20182,85452.934.24$12,093
Oct 20182,46261.443.40$8,366
Sep 20182,52759.543.11$7,854
Aug 20182,64859.403.07$8,120
Jul 20182,53965.142.93$7,444
Jun 20182,90260.183.08$8,929
May 20182,10265.382.90$6,097
Apr 20182,31363.842.90$6,710
Mar 20182,68261.222.79$7,474
Feb 20182,52561.782.77$6,984
Jan 20182,76362.874.01$11,078
Dec 20172,76757.272.92$8,084
Nov 20172,61755.423.12$8,161
Oct 20172,92449.292.98$8,724
Sep 20172,60947.523.09$8,055
Aug 20172,82045.373.00$8,472
Jul 20173,00043.873.09$9,262
Jun 20172,21242.493.09$6,829
May 20172,79745.373.26$9,128
Apr 20172,85347.933.21$9,163
Mar 20172,46446.772.98$7,352
Feb 20172,58250.452.95$7,624
Jan 20172,80749.413.42$9,597
Dec 20162,61948.763.72$9,750
Nov 20162,81442.492.64$7,441
Oct 20162,84446.193.09$8,789
Sep 20162,53241.553.10$7,851
Aug 20162,69941.442.92$7,893
Jul 20162,63441.622.92$7,703
Jun 20162,46745.352.69$6,626
May 20162,74342.521.99$5,461
Apr 20162,57536.561.99$5,127
Mar 20162,87233.011.79$5,152
Feb 20162,65426.472.06$5,477
Jan 20163,28727.352.36$7,772
Dec 20153,16032.362.00$6,324
Nov 20152,98838.792.17$6,476
Oct 20153,37043.552.43$8,178
Sep 20153,15642.992.76$8,706
Aug 20153,47640.162.87$9,985
Jul 20153,28848.152.95$9,683
Jun 20153,58356.152.88$10,329
May 20153,71355.212.96$10,974
Apr 20153,18249.822.71$8,612
Mar 20153,58942.892.93$10,533
Feb 20152,94944.662.98$8,777
Jan 20153,88043.433.10$12,030
Dec 20143,43154.693.59$12,322
Nov 20143,32070.464.25$14,116
Oct 20143,95378.303.90$15,420
Sep 20143,86186.164.05$15,619
Aug 20143,94689.394.04$15,923
Jul 20143,84296.564.18$16,058
Jun 20144,14198.164.74$19,615
May 20144,29594.734.73$20,301
Apr 20143,91295.944.81$18,813
Mar 20143,82995.895.06$19,362
Feb 20143,61797.406.19$22,396
Jan 20144,02990.404.86$19,584
Dec 20134,14791.824.35$18,058
Nov 20133,87688.853.74$14,490
Oct 20133,94197.423.78$14,894
Sep 20133,772104.113.72$14,023
Aug 20134,362104.253.52$15,366
Jul 20134,305102.523.72$16,005
Jun 20134,09194.403.93$16,092
May 20134,19494.834.15$17,401
Apr 20134,18993.964.28$17,940
Mar 20134,27793.623.91$16,735
Feb 20135,11591.233.42$17,493
Jan 20134,83391.603.42$16,528
Dec 20124,90386.773.42$16,769
Nov 20125,00286.953.62$18,132
Oct 20125,50189.383.40$18,702
Sep 20125,44394.672.92$15,885
Aug 20123,95092.662.91$11,487
Jul 20124,70985.133.02$14,225
Jun 20125,02279.822.52$12,651
May 20124,73291.612.49$11,775
Apr 20125,018101.652.00$10,020
Mar 20125,476105.052.22$12,168
Feb 20125,199101.102.57$13,363
Jan 20125,53798.092.73$15,139
Dec 20115,37196.873.24$17,401
Nov 20116,37795.723.31$21,116
Oct 20116,48984.983.65$23,675
Sep 20114,96783.623.99$19,797
Aug 20115,66483.404.15$23,502
Jul 20116,13894.144.52$27,727
Jun 20117,15292.904.64$33,184
May 20116,78598.134.40$29,887
Apr 20116,786105.964.33$29,406
Mar 20117,01896.364.06$28,474
Feb 20116,93085.644.18$28,967
Jan 20118,98286.504.59$41,216
Dec 201011,35385.734.35$49,360
Nov 20109,92880.843.80$37,680
Oct 201011,39878.103.51$39,994
Sep 20106,70372.633.98$26,674

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
Gas                1,121 Mcf  × $  3.05 =     $3,414

────────────────────────────────────────────────────
Month total                                   $3,414

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/263429 is the state's own key, not one this site invented.