WATSON, J. E. "A"

Operated by HUNT OIL COMPANY (P-5 416330) in the CONGER, SW (PENN) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 130793District 08Field 20101500CondensateGasSaveExport
Value, all time
$387 k
Jan 1993 – May 2014
Value, last 12 filed months
$14 k
at the published price for each month
Months reported
257
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 271 leases and 445 wells, and the rule below applies to all of them.

Discovered
1979-02-21
as the register files it
Field class
Oil and gas
the register's own label
Between wells
933 ft
minimum
From a lease line
660 ft
minimum

A drilling unit in this field needs at least 40 acres. The field rule took effect on 1986-07-01.

The Commission's schedule remark for this field reads: OPERATOR REQUEST. TEXACO E & P INC ALLICIANT..

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
CondensateDisposition772 bbl$28,585
GasProduction100,635 Mcf$358,114
Total$386,698

26,598 Mcf of this lease's gas, across 48 months, carries no value here. No free Texas wellhead gas price exists before 1997, so those months are left out of the total rather than valued at zero. The total above is therefore a floor, not an estimate.

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 31.6799, -101.2578. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.67994, -101.25778 · 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
100.0%
1 of 1 wells
With a plug date
0.0%
0 of 1 wells
Median depth
8,500 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
1100.0%
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.
00.0%

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 8,500 ft.

Completions filed
May 2014
1 of 1 wells

1 well

42-4313109728,500 ftMay 2014Yes

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 (257)

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

257 months

May 201490094.734.73$8,526
Apr 201405895.944.81$279
Mar 201408595.895.06$430
Feb 201407597.406.19$464
Jan 2014012190.404.86$588
Dec 2013016891.824.35$732
Nov 2013016688.853.74$621
Oct 2013020597.423.78$775
Sep 20130179104.113.72$665
Aug 20130110104.253.52$387
Jul 20130141102.523.72$524
Jun 2013011894.403.93$464
May 2013012894.834.15$531
Apr 2013012693.964.28$540
Mar 2013015393.623.91$599
Feb 201308691.233.42$294
Jan 201309891.603.42$335
Dec 2012020786.773.42$708
Nov 2012021086.953.62$761
Oct 2012044289.383.40$1,503
Sep 2012048394.672.92$1,410
Aug 2012057692.662.91$1,675
Jul 2012038285.133.02$1,154
Jun 2012045279.822.52$1,139
May 2012055291.612.49$1,374
Apr 20120470101.652.00$939
Mar 20120342105.052.22$760
Feb 20120296101.102.57$761
Jan 2012038598.092.73$1,053
Dec 2011042396.873.24$1,370
Nov 2011019595.723.31$646
Oct 201108184.983.65$296
Sep 20110083.623.99$0
Aug 2011010383.404.15$427
Jul 2011015294.144.52$687
Jun 201106892.904.64$316
May 201104598.134.40$198
Apr 20110188105.964.33$815
Mar 2011050596.364.06$2,049
Feb 2011040985.644.18$1,710
Jan 2011054186.504.59$2,483
Dec 2010032485.734.35$1,409
Nov 2010013180.843.80$497
Oct 2010015878.103.51$554
Sep 2010040872.633.98$1,624
Aug 2010017873.684.42$787
Jul 2010021672.554.74$1,023
Jun 2010025170.364.91$1,233
May 2010061171.124.24$2,588
Apr 2010063781.694.12$2,626
Mar 2010065078.394.39$2,853
Feb 2010031373.585.44$1,703
Jan 20100074.365.96$0
Dec 20090071.445.48$0
Nov 20090074.593.75$0
Oct 2009028272.544.11$1,159
Sep 2009031365.543.06$959
Aug 2009015867.423.22$509
Jul 200907461.133.46$256
Jun 200903366.163.90$129
May 200902754.743.93$106
Apr 2009017646.773.59$631
Mar 2009025142.144.06$1,019
Feb 2009027232.814.63$1,260
Jan 2009042635.865.37$2,288
Dec 20088442137.105.98$5,633
Nov 2008038855.496.86$2,662
Oct 2008038675.246.92$2,672
Sep 20080244101.767.88$1,922
Aug 20080257114.228.48$2,180
Jul 20080292131.0811.39$3,326
Jun 20080226131.3313.03$2,945
May 20080275123.1711.57$3,183
Apr 20080355110.3110.45$3,711
Mar 20080377101.909.66$3,643
Feb 2008027492.538.77$2,403
Jan 2008018590.388.21$1,518
Dec 2007020388.337.30$1,482
Nov 20070291.677.29$15
Oct 2007034682.856.92$2,395
Sep 2007036175.846.24$2,254
Aug 2007032169.066.39$2,051
Jul 20076138170.906.39$6,759
Jun 2007032562.007.55$2,453
May 2007040558.747.85$3,178
Apr 2007039959.617.81$3,114
Mar 2007040756.927.30$2,972
Feb 2007034455.108.22$2,826
Jan 2007034850.306.73$2,341
Dec 2006037556.656.92$2,594
Nov 2006036654.207.62$2,788
Oct 2006039254.906.01$2,357
Sep 2006033660.085.04$1,693
Aug 2006035768.717.34$2,620
Jul 2006035269.376.34$2,233
Jun 20065932966.286.38$6,011
May 2006032166.016.42$2,062
Apr 2006032264.397.36$2,370
Mar 2006031956.707.08$2,259
Feb 2006029457.597.75$2,279
Jan 2006031460.598.93$2,805
Dec 200501754.9413.42$228
Nov 2005030654.6910.59$3,240
Oct 20051421158.3413.80$3,728
Sep 2005033561.4512.08$4,046
Aug 2005032961.519.80$3,223
Jul 2005055955.697.84$4,385
Jun 2005064952.337.38$4,790
May 2005036145.226.65$2,401
Apr 2005035649.207.36$2,620
Mar 2005066350.377.15$4,744
Feb 2005029645.226.31$1,868
Jan 200502,07043.166.32$13,087
Dec 200401,92639.866.75$13,003
Nov 2004033645.286.33$2,127
Oct 2004041349.706.52$2,691
Sep 2004039143.245.28$2,066
Aug 2004041342.375.55$2,292
Jul 2004043338.286.08$2,634
Jun 2004035036.106.43$2,252
May 2004039937.486.49$2,591
Apr 2004035634.475.86$2,086
Mar 2004032734.365.53$1,808
Feb 2004029732.455.51$1,636
Jan 2004029832.036.30$1,877
Dec 2003025730.266.30$1,620
Nov 2003024228.804.60$1,112
Oct 2003027528.174.76$1,309
Sep 2003029226.314.75$1,387
Aug 2003032829.765.13$1,683
Jul 2003030929.415.17$1,598
Jun 2003025928.565.98$1,550
May 2003020226.595.97$1,206
Apr 2003024126.675.41$1,303
Mar 2003030931.146.10$1,884
Feb 2003023833.487.93$1,886
Jan 2003025630.315.58$1,429
Dec 2002026326.914.85$1,277
Nov 200203,96924.664.14$16,420
Oct 200204,25926.464.23$18,012
Sep 200204,12027.443.64$14,977
Aug 200203,41025.963.16$10,790
Jul 2002138724.583.06$586
Jun 2002034423.733.34$1,148
May 2002024324.663.58$871
Apr 2002013923.653.51$488
Mar 2002017822.003.10$552
Feb 2002019418.222.38$461
Jan 2002022317.172.38$530
Dec 2001519516.932.36$546
Nov 20012718818.072.41$940
Oct 2001014819.782.53$374
Sep 2001010324.262.25$232
Aug 2001014024.873.05$427
Jul 2001039523.933.20$1,263
Jun 2001037924.563.82$1,449
May 2001055925.524.31$2,408
Apr 2001013224.685.34$704
Mar 2001021624.545.38$1,161
Feb 2001020227.755.77$1,165
Jan 2001021327.478.40$1,789
Dec 2000019526.889.12$1,779
Nov 2000023332.215.66$1,318
Oct 2000021231.235.15$1,091
Sep 2000016831.875.19$871
Aug 2000018029.644.54$817
Jul 2000011228.534.09$458
Jun 2000018829.304.40$827
May 2000017627.263.68$648
Apr 2000017224.513.12$536
Mar 2000014428.422.86$412
Feb 2000017327.622.73$472
Jan 2000020525.272.48$509
Dec 1999018524.282.42$448
Nov 1999018023.192.43$438
Oct 1999016820.982.80$471
Sep 1999014021.752.62$367
Aug 1999017919.262.88$515
Jul 1999020917.892.37$496
Jun 1999013915.942.36$328
May 1999020515.792.32$476
Apr 1999022515.102.21$497
Mar 1999020912.471.84$384
Feb 199901739.981.82$314
Jan 1999020610.381.90$391
Dec 199801139.201.77$200
Nov 1998020010.892.19$437
Oct 1998018112.421.97$356
Sep 1998020312.592.08$423
Aug 1998025711.301.91$490
Jul 1998017811.742.24$398
Jun 1998018611.242.24$416
May 1998024412.622.21$538
Apr 1998327513.042.51$728
Mar 1998030912.802.31$714
Feb 1998026913.952.30$618
Jan 1998032414.702.15$698
Dec 1997030516.322.41$735
Nov 1997027018.193.09$834
Oct 1997026819.253.15$844
Sep 1997025717.742.95$759
Aug 1997035517.862.55$907
Jul 199718336617.582.25$4,040
Jun 1997050817.242.26$1,147
May 1997032518.972.31$750
Apr 1997030317.882.08$631
Mar 1997042218.951.94$818
Feb 1997041920.492.21$924
Jan 1997051423.483.54$1,819
Dec 1996053323.32$0
Nov 1996053221.97$0
Oct 1996064723.31$0
Sep 1996065422.22$0
Aug 1996064820.26$0
Jul 1996066919.55$0
Jun 1996073418.73$0
May 1996070019.43$0
Apr 1996060321.51$0
Mar 1996067619.38$0
Feb 19962863116.98$475
Jan 1996065817.07$0
Dec 1995057717.19$0
Nov 1995061616.00$0
Oct 1995066915.43$0
Sep 1995062416.18$0
Aug 1995067915.92$0
Jul 1995074015.24$0
Jun 1995071416.41$0
May 199501,47817.56$0
Apr 1995072917.73$0
Mar 1995072916.44$0
Feb 1995067316.58$0
Jan 1995078015.92$0
Dec 1994076015.03$0
Nov 199419478615.90$3,085
Oct 1994085915.58$0
Sep 1994063115.29$0
Aug 1994057216.13$0
Jul 1994068917.56$0
Jun 1994035417.09$0
May 1994015415.88$0
Apr 1994029514.14$0
Mar 1994026112.46$0
Feb 1994017312.50$0
Jan 1994021212.66$0
Dec 1993027012.33$0
Nov 1993018714.49$0
Oct 1993117515.85$16
Sep 1993123415.03$15
Aug 1993023315.66$0
Jul 1993028715.46$0
Jun 1993954316.79$151
May 1993074317.68$0
Apr 1993037918.05$0
Mar 1993030718.14$0
Feb 1993040917.90$0
Jan 1993039216.93$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 2014 — as filed, then multipliedworked
Condensate            90 bbl  × $ 94.73 =     $8,526
Gas                    0 Mcf  × $  4.73 =         $0

────────────────────────────────────────────────────
Month total                                   $8,526

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. 08/G/130793 is the state's own key, not one this site invented.