WATTS GAS UNIT 1

Operated by ENERQUEST CORPORATION (P-5 252059) in the WHELAN (COTTON VALLEY) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 215126District 06Field 967891002 tax incentive programmesCondensateGasSaveExport
Value, all time
$2.2 M
Aug 2005 – May 2026
Value, last 12 filed months
$1 k
at the published price for each month
Months reported
250
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 15 leases and 15 wells, and the rule below applies to all of them.

Discovered
1978-06-10
as the register files it
Field class
Oil and gas
the register's own label
Between wells
no field rule filed
From a lease line
no field rule filed

The Commission's schedule remark for this field reads: AOF-1 AND AOF-2 EFFECTIVE 06/01/2007.

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 Gas112006-05-22168500
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
CondensateDisposition3,757 bbl$267,783
GasProduction332,475 Mcf$1,937,336
Total$2,205,119

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 32.7459, -94.5792. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.74591, -94.57918 · 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
11,350 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 11,350 ft.

Completions filed
Aug 2005
1 of 1 wells

1 well

42-31530915111,350 ftAug 2005

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 (250)

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

250 months

May 202600106.413.05$0
Apr 20260098.932.87$0
Mar 20260089.753.15$0
Feb 20260063.503.75$0
Jan 20260059.138.00$0
Dec 20250056.664.41$0
Nov 20250058.593.93$0
Oct 20250059.383.30$0
Sep 20250062.743.08$0
Aug 20250063.933.01$0
Jul 2025031966.743.32$1,058
Jun 20250066.483.13$0
May 20250060.553.23$0
Apr 2025022562.363.54$797
Mar 2025020367.704.27$866
Feb 2025019470.884.34$842
Jan 2025031674.324.28$1,352
Dec 2024026468.993.12$824
Nov 2024025969.052.20$569
Oct 2024045971.372.28$1,047
Sep 2024038769.612.36$915
Aug 2024026575.632.06$547
Jul 202416621279.932.15$13,723
Jun 2024046078.082.63$1,212
May 2024042978.812.20$943
Apr 2024031484.451.66$521
Mar 2024032580.301.55$502
Feb 2024044976.091.78$801
Jan 2024047173.023.30$1,553
Dec 2023052371.262.61$1,365
Nov 202317041377.892.81$14,401
Oct 202317044285.443.09$15,889
Sep 2023044989.042.74$1,228
Aug 2023054880.522.67$1,465
Jul 2023040474.852.64$1,067
Jun 2023036468.962.26$822
May 202304,26570.622.23$9,500
Apr 20230078.122.24$0
Mar 2023032072.852.39$766
Feb 2023034775.112.47$856
Jan 20230076.533.39$0
Dec 2022043176.415.73$2,469
Nov 2022043685.005.65$2,462
Oct 2022020287.185.86$1,184
Sep 202207484.888.16$604
Aug 202215729294.529.13$17,505
Jul 202201,232101.587.54$9,292
Jun 20220405115.097.98$3,231
May 20220803109.378.43$6,772
Apr 202201,779104.226.84$12,164
Mar 202200108.885.08$0
Feb 20220091.054.86$0
Jan 20220081.844.54$0
Dec 20210071.323.90$0
Nov 20210077.435.24$0
Oct 20210079.795.71$0
Sep 20210069.865.35$0
Aug 20210066.024.22$0
Jul 20210070.783.98$0
Jun 20210069.493.38$0
May 20210063.483.02$0
Apr 20210060.362.76$0
Mar 2021035461.302.72$962
Feb 2021045357.805.55$2,513
Jan 2021056850.412.81$1,596
Dec 2020089244.642.68$2,387
Nov 2020077938.772.71$2,108
Oct 2020094536.972.48$2,342
Sep 2020075137.091.99$1,495
Aug 2020081939.982.39$1,953
Jul 2020064338.371.83$1,174
Jun 2020056334.901.69$952
May 202001,15516.921.81$2,096
Apr 2020085714.751.80$1,546
Mar 202001,04530.341.86$1,940
Feb 2020093949.881.98$1,860
Jan 202001,02257.252.09$2,141
Dec 201901,08059.012.30$2,489
Nov 201903,26955.302.75$8,992
Oct 201907,05853.472.42$17,070
Sep 2019014655.052.66$388
Aug 20190353.112.30$7
Jul 201902056.272.46$49
Jun 201901452.782.49$35
May 201901958.482.74$52
Apr 201901362.632.75$36
Mar 2019501,14756.803.06$6,352
Feb 201901,06450.852.79$2,971
Jan 201901,15546.033.23$3,729
Dec 201801,08646.594.19$4,545
Nov 2018099252.934.24$4,203
Oct 201801,05761.443.40$3,592
Sep 201801,06559.543.11$3,310
Aug 201821,14459.403.07$3,627
Jul 201811,16165.142.93$3,469
Jun 201831,15260.183.08$3,725
May 201821,24565.382.90$3,742
Apr 201821,18363.842.90$3,559
Mar 201801,15561.222.79$3,219
Feb 2018081861.782.77$2,263
Jan 2018085862.874.01$3,440
Dec 2017095957.272.92$2,802
Nov 2017097755.423.12$3,047
Oct 201701,03349.292.98$3,082
Sep 201701,01047.523.09$3,118
Aug 201701,14445.373.00$3,437
Jul 201701,13143.873.09$3,492
Jun 201701,01942.493.09$3,146
May 2017099145.373.26$3,234
Apr 20178495747.933.21$7,100
Mar 201701,01046.772.98$3,014
Feb 2017096050.452.95$2,835
Jan 2017070449.413.42$2,407
Dec 201601,06348.763.72$3,957
Nov 2016090242.492.64$2,385
Oct 201601,12346.193.09$3,470
Sep 201601,24541.553.10$3,860
Aug 201601,26341.442.92$3,693
Jul 201601,14941.622.92$3,360
Jun 201601,21545.352.69$3,263
May 201601,29442.521.99$2,576
Apr 201601,21036.561.99$2,409
Mar 201601,38633.011.79$2,487
Feb 201601,40626.472.06$2,901
Jan 201601,36827.352.36$3,234
Dec 20151121,27232.362.00$6,170
Nov 201501,06438.792.17$2,306
Oct 2015093443.552.43$2,266
Sep 201501,02442.992.76$2,825
Aug 201501,25440.162.87$3,602
Jul 201501,05348.152.95$3,101
Jun 201501,20256.152.88$3,465
May 201501,33155.212.96$3,934
Apr 201501,19649.822.71$3,237
Mar 201501,25542.892.93$3,683
Feb 2015096544.662.98$2,872
Jan 2015068043.433.10$2,108
Dec 2014067554.693.59$2,424
Nov 201417671070.464.25$15,420
Oct 2014076478.303.90$2,980
Sep 2014175286.164.05$3,128
Aug 2014079389.394.04$3,200
Jul 2014177496.564.18$3,332
Jun 2014077698.164.74$3,676
May 2014092494.734.73$4,367
Apr 2014088295.944.81$4,242
Mar 2014090295.895.06$4,561
Feb 2014078797.406.19$4,873
Jan 2014091390.404.86$4,438
Dec 2013091091.824.35$3,963
Nov 2013090788.853.74$3,391
Oct 2013177597.423.78$3,026
Sep 20130777104.113.72$2,889
Aug 201301,102104.253.52$3,882
Jul 201301,083102.523.72$4,026
Jun 2013098894.403.93$3,886
May 2013098494.834.15$4,083
Apr 2013068593.964.28$2,934
Mar 2013073093.623.91$2,856
Feb 2013092691.233.42$3,167
Jan 201301,37091.603.42$4,685
Dec 201201,25286.773.42$4,282
Nov 201201,29686.953.62$4,698
Oct 201202,09189.383.40$7,109
Sep 201202,15094.672.92$6,275
Aug 20121101,15792.662.91$13,557
Jul 201201,33685.133.02$4,036
Jun 201201,30379.822.52$3,282
May 201201,14391.612.49$2,844
Apr 20120724101.652.00$1,446
Mar 201201,222105.052.22$2,715
Feb 201201,020101.102.57$2,622
Jan 201201,06698.092.73$2,915
Dec 2011095796.873.24$3,100
Nov 201101,10795.723.31$3,666
Oct 201101,91384.983.65$6,980
Sep 20111801,62483.623.99$21,525
Aug 201101,43683.404.15$5,958
Jul 201101,44994.144.52$6,545
Jun 201101,49192.904.64$6,918
May 201102,27998.134.40$10,039
Apr 201101,741105.964.33$7,544
Mar 201101,40196.364.06$5,684
Feb 201101,34485.644.18$5,618
Jan 20111871,11686.504.59$21,297
Dec 201001,11885.734.35$4,861
Nov 201001,51780.843.80$5,758
Oct 201001,23178.103.51$4,319
Sep 201001,23672.633.98$4,919
Aug 201001,63073.684.42$7,204
Jul 201001,54072.554.74$7,294
Jun 201001,37470.364.91$6,747
May 201001,25771.124.24$5,324
Apr 201001,18981.694.12$4,902
Mar 201001,19678.394.39$5,249
Feb 201001,24173.585.44$6,754
Jan 201001,26474.365.96$7,539
Dec 200901,15071.445.48$6,306
Nov 20091781,15774.593.75$17,618
Oct 200901,06872.544.11$4,390
Sep 200901,64165.543.06$5,029
Aug 200901,82967.423.22$5,887
Jul 200902,04361.133.46$7,078
Jun 200901,30866.163.90$5,095
May 200901,60454.743.93$6,297
Apr 200901,73746.773.59$6,231
Mar 20091782,04242.144.06$15,789
Feb 200901,58432.814.63$7,339
Jan 200901,69935.865.37$9,125
Dec 200801,81537.105.98$10,849
Nov 200801,84755.496.86$12,671
Oct 200801,61375.246.92$11,165
Sep 200801,280101.767.88$10,083
Aug 200801,416114.228.48$12,012
Jul 200801,630131.0811.39$18,565
Jun 20081771,726131.3313.03$45,740
May 200801,805123.1711.57$20,892
Apr 200802,187110.3110.45$22,865
Mar 200801,893101.909.66$18,294
Feb 200801,72892.538.77$15,156
Jan 20081802,15690.388.21$33,960
Dec 200702,04588.337.30$14,933
Nov 200701,88791.677.29$13,759
Oct 200701,89482.856.92$13,110
Sep 200702,75175.846.24$17,178
Aug 200704,02469.066.39$25,705
Jul 200742,47170.906.39$16,068
Jun 20071832,79162.007.55$32,414
May 200704,01458.747.85$31,495
Apr 200702,78659.617.81$21,745
Mar 200702,16556.927.30$15,809
Feb 2007066055.108.22$5,423
Jan 20071772,71550.306.73$27,167
Dec 200602,09656.656.92$14,501
Nov 200601,78054.207.62$13,559
Oct 200601,85554.906.01$11,156
Sep 20061822,28960.085.04$22,465
Aug 200602,40668.717.34$17,660
Jul 200602,63269.376.34$16,694
Jun 20061744,20766.286.38$38,390
May 200604,30766.016.42$27,672
Apr 200605,68864.397.36$41,866
Mar 20061706,13856.707.08$53,114
Feb 200604,86357.597.75$37,694
Jan 200628,35360.598.93$74,741
Dec 20051818,32554.9413.42$121,627
Nov 200536,67154.6910.59$70,799
Oct 20051987,63758.3413.80$116,910
Sep 200518310,32861.4512.08$135,997
Aug 20051213,72161.519.80$135,161

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.

Jul 2025 — as filed, then multipliedworked
Condensate             0 bbl  × $ 66.74 =         $0
Gas                  319 Mcf  × $  3.32 =     $1,058

────────────────────────────────────────────────────
Month total                                   $1,058

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. 06/G/215126 is the state's own key, not one this site invented.