WATSON

Operated by BARROW-SHAVER RESOURCES CO. (P-5 53321) in the HIDDEN ROCK (COTTON VALLEY LIME) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 15716District 06Field 41090100OilCasinghead gasSave
Value, all time
$9.1 M
Apr 2017 – May 2026
Value, last 12 filed months
$621 k
at the published price for each month
Months reported
88
22 months not filed
Streams
2
oil, casinghead gas

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
OilDisposition122,612 bbl$8,798,629
Casinghead gasProduction93,812 Mcf$348,342
Total$9,146,971

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 32.9376, -94.4468. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.93763, -94.44678 · 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
11,545 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 11,545 ft.

Completions filed
Jan 2015
1 of 1 wells

1 well

42-06730787111,545 ftJan 2015

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 (88)

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

88 months

May 20265411,075106.413.05$60,842
Apr 202655574198.932.87$57,033
Mar 202654552889.753.15$50,577
Feb 20265381,24263.503.75$38,821
Jan 20265201,42659.138.00$42,153
Dec 20257301,42656.664.41$47,655
Nov 20255521,38058.593.93$37,760
Oct 20258911,42659.383.30$57,620
Sep 20257441,58862.743.08$51,565
Aug 20253621,05863.933.01$26,332
Jul 20259171,42666.743.32$65,928
Jun 20251,2101,38066.483.13$84,758
May 20251,0521,42660.553.23$68,308
Apr 20251,2741,38062.363.54$84,336
Mar 20259101,42667.704.27$67,694
Feb 20251,1051,22870.884.34$83,653
Jan 20251,3181,41474.324.28$104,004
Dec 20241,2801,15768.993.12$91,919
Nov 20241,4181,38069.052.20$100,947
Oct 20241,2591,42671.372.28$93,108
Sep 20241,4501,38069.612.36$104,197
Aug 20241,4271,42675.632.06$110,867
Jul 20241,4831,42679.932.15$121,597
Jun 20241,8141,38078.082.63$145,272
May 20241,2771,42678.812.20$103,775
Apr 20241,2991,38084.451.66$111,990
Mar 20241,4321,42680.301.55$117,193
Feb 20241,7101,33476.091.78$132,493
Jan 20241,4771,42673.023.30$112,553
Dec 20231,8141,42671.262.61$132,989
Nov 20231,6401,38077.892.81$131,614
Oct 20232,0041,42885.443.09$175,630
Sep 20232,0491,44689.042.74$186,398
Aug 20232,13181780.522.67$173,772
Jul 20232,1571,52074.852.64$165,467
Jun 20232,03956168.962.26$141,876
May 20232,0531,32770.622.23$147,939
Apr 20231,8651,29278.122.24$148,585
Mar 20232,1691,32872.852.39$161,190
Feb 20231,8371,20675.112.47$140,951
Jan 20232,0511,33076.533.39$161,469
Dec 20222,3351,32576.415.73$186,008
Nov 20222,1521,27185.005.65$190,096
Oct 20222,1841,31987.185.86$198,135
Sep 20221,8561,25584.888.16$167,783
Aug 20222,4071,31794.529.13$239,530
Jul 20222,0291,323101.587.54$216,084
Jun 20222,3691,570115.097.98$285,172
May 20222,2051,625109.378.43$254,865
Apr 20222,3921,515104.226.84$259,653
Mar 20222,3591,481108.885.08$264,366
Feb 20222,0651,40891.054.86$194,860
Jan 20222,5251,51081.844.54$213,498
Dec 20212,3811,51071.323.90$175,701
Nov 20211,4471,80777.435.24$121,504
Oct 20211,63492779.795.71$135,674
Sep 20211,44390369.865.35$105,640
Aug 20211,63993766.024.22$112,161
Jul 20211,59693570.783.98$116,688
Jun 20211,63491169.493.38$116,626
May 20211,58593363.483.02$103,431
Apr 20211,83386960.362.76$113,037
Mar 20211,64190861.302.72$103,060
Feb 20211,45886257.805.55$89,055
Jan 20211,67078750.412.81$86,396
Dec 20201,82170244.642.68$83,168
Nov 20201,80076238.772.71$71,848
Oct 20201,68097136.972.48$64,516
Sep 20201,79093537.091.99$68,253
Aug 20203,57797239.982.39$145,327
Jul 20202,84997038.371.83$111,087
Jun 2020094334.901.69$1,594
May 2020083916.921.81$1,523
Apr 20201,45092114.751.80$23,049
Mar 20201,8351,07330.341.86$57,666
Feb 20201,4621,00949.881.98$74,923
Jan 20202,6101,30957.252.09$152,165
Feb 20180061.782.77$0
Jan 20180062.874.01$0
Dec 20170057.272.92$0
Nov 20170055.423.12$0
Oct 20170049.292.98$0
Sep 20170047.523.09$0
Aug 20170045.373.00$0
Jul 20170043.873.09$0
Jun 20170042.493.09$0
May 20170045.373.26$0
Apr 20170047.933.21$0

Not filed, and not zero: Mar 2018 – Dec 2019 (22 months). The Railroad Commission holds no report for those months, so this page shows none — a zero would state that the lease produced nothing.

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
Oil                  541 bbl  × $106.41 =    $57,568
Casinghead gas     1,075 Mcf  × $  3.05 =     $3,274

────────────────────────────────────────────────────
Month total                                  $60,842

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/O/15716 is the state's own key, not one this site invented.