WATSON HEIRS

Operated by ROSE CITY RESOURCES, LLC (P-5 727892) 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 289288District 06Field 96789100CondensateGasSaveExport
Value, all time
$316 k
Aug 2019 – May 2026
Value, last 12 filed months
$19 k
at the published price for each month
Months reported
82
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.

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
CondensateDisposition1,633 bbl$107,358
GasProduction70,562 Mcf$208,571
Total$315,929

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 32.7477, -94.5930. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.74768, -94.59298 · 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
11,200 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 11,200 ft.

Completions filed
Aug 2019
1 of 1 wells

1 well

42-31531059111,200 ftAug 2019

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 (82)

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

82 months

May 2026011106.413.05$34
Apr 202602298.932.87$63
Mar 202605289.753.15$164
Feb 202604663.503.75$173
Jan 2026029259.138.00$2,335
Dec 202507156.664.41$313
Nov 202501458.593.93$55
Oct 2025035959.383.30$1,186
Sep 2025076362.743.08$2,348
Aug 202516849363.933.01$12,227
Jul 20250066.743.32$0
Jun 2025014966.483.13$466
May 2025017660.553.23$569
Apr 20250062.363.54$0
Mar 20250067.704.27$0
Feb 202509370.884.34$404
Jan 2025018674.324.28$796
Dec 2024020968.993.12$652
Nov 2024028269.052.20$620
Oct 2024019171.372.28$436
Sep 202409469.612.36$222
Aug 202406475.632.06$132
Jul 202408379.932.15$178
Jun 20240078.082.63$0
May 2024012478.812.20$273
Apr 2024424184.451.66$3,615
Mar 202407680.301.55$117
Feb 2024023576.091.78$419
Jan 2024027873.023.30$917
Dec 2023030671.262.61$799
Nov 2023033477.892.81$938
Oct 202317036085.443.09$15,636
Sep 2023036489.042.74$996
Aug 2023036180.522.67$965
Jul 2023034374.852.64$906
Jun 2023029468.962.26$664
May 2023037070.622.23$824
Apr 2023043178.122.24$964
Mar 2023051372.852.39$1,228
Feb 2023056375.112.47$1,388
Jan 202318086476.533.39$16,702
Dec 2022015176.415.73$865
Nov 2022011485.005.65$644
Oct 2022054587.185.86$3,196
Sep 2022029184.888.16$2,376
Aug 2022033694.529.13$3,067
Jul 20220407101.587.54$3,070
Jun 202200115.097.98$0
May 20220667109.378.43$5,625
Apr 20220848104.226.84$5,798
Mar 2022194921108.885.08$25,798
Feb 2022079691.054.86$3,868
Jan 2022097681.844.54$4,429
Dec 202101,18271.323.90$4,609
Nov 202101,21677.435.24$6,368
Oct 20211781,50479.795.71$22,796
Sep 2021079269.865.35$4,238
Aug 2021048166.024.22$2,030
Jul 202101,08770.783.98$4,329
Jun 202101,41669.493.38$4,787
May 202101,48563.483.02$4,481
Apr 202101,53960.362.76$4,245
Mar 20211711,75561.302.72$15,251
Feb 202101,30057.805.55$7,212
Jan 202101,71550.412.81$4,820
Dec 202001,75744.642.68$4,701
Nov 20201802,04338.772.71$12,508
Oct 202002,07136.972.48$5,133
Sep 202002,30537.091.99$4,589
Aug 202002,38839.982.39$5,696
Jul 20201702,38638.371.83$10,878
Jun 202002,64934.901.69$4,478
May 202002,23216.921.81$4,051
Apr 202003,11914.751.80$5,628
Mar 20201804,72230.341.86$14,226
Feb 202004,72949.881.98$9,367
Jan 202006,22157.252.09$13,031
Dec 201901,97859.012.30$4,558
Nov 20190055.302.75$0
Oct 201904753.472.42$114
Sep 2019088455.052.66$2,349
Aug 20190053.112.30$0

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                   11 Mcf  × $  3.05 =        $34

────────────────────────────────────────────────────
Month total                                      $34

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/289288 is the state's own key, not one this site invented.