WATSON, J. E.

Operated by P1 ENERGY, LLC (P-5 631633) 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 153131District 08Field 20101500CondensateGasSaveExport
Value, all time
$911 k
Dec 1994 – May 2026
Value, last 12 filed months
$0
at the published price for each month
Months reported
378
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
CondensateDisposition3,194 bbl$99,923
GasProduction207,879 Mcf$811,164
Total$911,088

36,027 Mcf of this lease's gas, across 25 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 31.6736, -101.2691. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.67360, -101.26908 · 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
8,623 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 8,623 ft.

Completions filed
Sep 2011
1 of 1 wells

1 well

42-1733097318,623 ftSep 2011

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 (378)

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

378 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 20250066.743.32$0
Jun 20250066.483.13$0
May 20250060.553.23$0
Apr 20250062.363.54$0
Mar 20250067.704.27$0
Feb 20250070.884.34$0
Jan 20250074.324.28$0
Dec 20240068.993.12$0
Nov 20240069.052.20$0
Oct 20240071.372.28$0
Sep 20240069.612.36$0
Aug 20240075.632.06$0
Jul 20240079.932.15$0
Jun 20240078.082.63$0
May 20240078.812.20$0
Apr 20240084.451.66$0
Mar 20240080.301.55$0
Feb 20240076.091.78$0
Jan 20240073.023.30$0
Dec 20230071.262.61$0
Nov 20230077.892.81$0
Oct 20230085.443.09$0
Sep 20230089.042.74$0
Aug 20230080.522.67$0
Jul 20230074.852.64$0
Jun 20230068.962.26$0
May 20230070.622.23$0
Apr 20230078.122.24$0
Mar 20230072.852.39$0
Feb 20230075.112.47$0
Jan 20230076.533.39$0
Dec 20220076.415.73$0
Nov 20220085.005.65$0
Oct 20220087.185.86$0
Sep 20220084.888.16$0
Aug 20220094.529.13$0
Jul 202200101.587.54$0
Jun 202200115.097.98$0
May 202200109.378.43$0
Apr 202200104.226.84$0
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 20210061.302.72$0
Feb 20210057.805.55$0
Jan 20210050.412.81$0
Dec 20200044.642.68$0
Nov 20200038.772.71$0
Oct 20200036.972.48$0
Sep 20200037.091.99$0
Aug 20200039.982.39$0
Jul 20200038.371.83$0
Jun 20200034.901.69$0
May 20200016.921.81$0
Apr 20200014.751.80$0
Mar 20200030.341.86$0
Feb 20200049.881.98$0
Jan 20200057.252.09$0
Dec 20190059.012.30$0
Nov 20190055.302.75$0
Oct 20190053.472.42$0
Sep 20190055.052.66$0
Aug 20190053.112.30$0
Jul 20190056.272.46$0
Jun 20190052.782.49$0
May 20190058.482.74$0
Apr 20190062.632.75$0
Mar 20190056.803.06$0
Feb 20190050.852.79$0
Jan 20190046.033.23$0
Dec 20180046.594.19$0
Nov 20180052.934.24$0
Oct 20180061.443.40$0
Sep 20180059.543.11$0
Aug 20180059.403.07$0
Jul 20180065.142.93$0
Jun 20180060.183.08$0
May 20180065.382.90$0
Apr 20180063.842.90$0
Mar 20180061.222.79$0
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
Mar 20170046.772.98$0
Feb 20170050.452.95$0
Jan 20170049.413.42$0
Dec 20160048.763.72$0
Nov 20160042.492.64$0
Oct 20160046.193.09$0
Sep 20160041.553.10$0
Aug 20160041.442.92$0
Jul 20160041.622.92$0
Jun 20160045.352.69$0
May 20160042.521.99$0
Apr 20160036.561.99$0
Mar 20160033.011.79$0
Feb 20160026.472.06$0
Jan 20160027.352.36$0
Dec 20150032.362.00$0
Nov 20150038.792.17$0
Oct 20150043.552.43$0
Sep 20150042.992.76$0
Aug 20150040.162.87$0
Jul 20150048.152.95$0
Jun 20150056.152.88$0
May 20150055.212.96$0
Apr 20150049.822.71$0
Mar 20150042.892.93$0
Feb 20150044.662.98$0
Jan 20150043.433.10$0
Dec 20140054.693.59$0
Nov 20140070.464.25$0
Oct 20140078.303.90$0
Sep 20140086.164.05$0
Aug 20140089.394.04$0
Jul 20140096.564.18$0
Jun 20140098.164.74$0
May 20140094.734.73$0
Apr 20140095.944.81$0
Mar 20140095.895.06$0
Feb 20140097.406.19$0
Jan 20140090.404.86$0
Dec 20130091.824.35$0
Nov 20130088.853.74$0
Oct 20130097.423.78$0
Sep 201300104.113.72$0
Aug 201300104.253.52$0
Jul 201300102.523.72$0
Jun 20130094.403.93$0
May 20130094.834.15$0
Apr 20130093.964.28$0
Mar 20130093.623.91$0
Feb 20130091.233.42$0
Jan 20130091.603.42$0
Dec 20120086.773.42$0
Nov 20120086.953.62$0
Oct 20120089.383.40$0
Sep 20120094.672.92$0
Aug 20120092.662.91$0
Jul 20120085.133.02$0
Jun 20120079.822.52$0
May 20120091.612.49$0
Apr 201200101.652.00$0
Mar 201200105.052.22$0
Feb 201200101.102.57$0
Jan 20120098.092.73$0
Dec 20110096.873.24$0
Nov 20110095.723.31$0
Oct 20110084.983.65$0
Sep 20114083.623.99$334
Aug 201109083.404.15$373
Jul 2011641494.144.52$2,435
Jun 2011061492.904.64$2,849
May 2011361098.134.40$2,981
Apr 20113538105.964.33$2,649
Mar 2011442596.364.06$2,110
Feb 2011037885.644.18$1,580
Jan 2011239486.504.59$1,981
Dec 2010134985.734.35$1,603
Nov 2010044080.843.80$1,670
Oct 2010050878.103.51$1,783
Sep 201010451672.633.98$9,607
Aug 2010059573.684.42$2,630
Jul 2010058572.554.74$2,771
Jun 2010059770.364.91$2,932
May 201001,09771.124.24$4,646
Apr 201001,11681.694.12$4,601
Mar 201001,07978.394.39$4,735
Feb 2010093173.585.44$5,067
Jan 20107890374.365.96$11,186
Dec 2009091871.445.48$5,034
Nov 2009083774.593.75$3,140
Oct 2009087872.544.11$3,609
Sep 2009069965.543.06$2,142
Aug 2009048067.423.22$1,545
Jul 2009053961.133.46$1,867
Jun 2009052566.163.90$2,045
May 2009051354.743.93$2,014
Apr 2009056646.773.59$2,031
Mar 2009064842.144.06$2,630
Feb 2009044632.814.63$2,066
Jan 2009050135.865.37$2,691
Dec 2008047737.105.98$2,851
Nov 20084360055.496.86$6,502
Oct 2008063475.246.92$4,389
Sep 20080586101.767.88$4,616
Aug 20080673114.228.48$5,709
Jul 20080692131.0811.39$7,881
Jun 20080682131.3313.03$8,888
May 20080733123.1711.57$8,484
Apr 200848677110.3110.45$12,373
Mar 20080651101.909.66$6,291
Feb 2008062092.538.77$5,438
Jan 2008086190.388.21$7,065
Dec 2007082988.337.30$6,053
Nov 20070691.677.29$44
Oct 20075075482.856.92$9,362
Sep 2007069575.846.24$4,340
Aug 2007072869.066.39$4,650
Jul 2007079470.906.39$5,072
Jun 2007075362.007.55$5,684
May 2007083358.747.85$6,536
Apr 20073192459.617.81$9,060
Mar 2007083256.927.30$6,075
Feb 2007076755.108.22$6,302
Jan 2007087150.306.73$5,859
Dec 20063384856.656.92$7,736
Nov 2006080854.207.62$6,155
Oct 2006083854.906.01$5,040
Sep 2006084160.085.04$4,236
Aug 2006079968.717.34$5,865
Jul 20063970369.376.34$7,164
Jun 2006068666.286.38$4,379
May 20060966.016.42$58
Apr 20064770664.397.36$8,223
Mar 2006074756.707.08$5,291
Feb 2006061457.597.75$4,759
Jan 2006057660.598.93$5,146
Dec 2005711954.9413.42$4,156
Nov 2005069254.6910.59$7,327
Oct 2005077058.3413.80$10,623
Sep 2005073861.4512.08$8,914
Aug 20053473161.519.80$9,253
Jul 2005077355.697.84$6,063
Jun 2005081952.337.38$6,045
May 200501,05545.226.65$7,017
Apr 20053497649.207.36$8,857
Mar 200502,03750.377.15$14,574
Feb 2005099745.226.31$6,293
Jan 2005351,34643.166.32$10,020
Dec 2004094439.866.75$6,373
Nov 200401,00545.286.33$6,362
Oct 200401,36049.706.52$8,861
Sep 200401,14843.245.28$6,066
Aug 2004391,13842.375.55$7,969
Jul 200401,12938.286.08$6,869
Jun 200401,22736.106.43$7,893
May 2004451,18137.486.49$9,357
Apr 2004099034.475.86$5,800
Mar 200401,18234.365.53$6,537
Feb 2004461,10532.455.51$7,581
Jan 200401,27732.036.30$8,045
Dec 200301,35330.266.30$8,526
Nov 2003781,07028.804.60$7,163
Oct 200301,07428.174.76$5,112
Sep 2003098226.314.75$4,664
Aug 200301,12329.765.13$5,761
Jul 2003351,08629.415.17$6,645
Jun 200301,21028.565.98$7,239
May 2003086626.595.97$5,172
Apr 20033492926.675.41$5,930
Mar 200301,11531.146.10$6,797
Feb 200301,13433.487.93$8,988
Jan 200301,25530.315.58$7,005
Dec 2002341,67926.914.85$9,064
Nov 2002331,54424.664.14$7,201
Oct 200201,51926.464.23$6,424
Sep 2002341,61127.443.64$6,789
Aug 2002361,63725.963.16$6,114
Jul 2002381,79524.583.06$6,430
Jun 200201,77523.733.34$5,925
May 2002521,87024.663.58$7,984
Apr 200201,07923.653.51$3,790
Mar 200201,03222.003.10$3,202
Feb 200201,15518.222.38$2,744
Jan 200231,77417.172.38$4,266
Dec 2001441,76616.932.36$4,920
Nov 2001491,62518.072.41$4,794
Oct 2001981,53219.782.53$5,813
Sep 200101,41324.262.25$3,181
Aug 200101,43324.873.05$4,375
Jul 200101,40023.933.20$4,476
Jun 2001981,52124.563.82$8,223
May 200101,67525.524.31$7,215
Apr 200101,27724.685.34$6,813
Mar 200101,51024.545.38$8,118
Feb 2001076527.755.77$4,412
Jan 2001711,05027.478.40$10,769
Dec 200001,04126.889.12$9,497
Nov 2000681,17132.215.66$8,816
Oct 200001,17531.235.15$6,046
Sep 200001,32031.875.19$6,846
Aug 2000471,26729.644.54$7,146
Jul 200001,30828.534.09$5,349
Jun 200001,08129.304.40$4,753
May 20004599227.263.68$4,877
Apr 200001,00924.513.12$3,144
Mar 200001,12028.422.86$3,203
Feb 200001,05227.622.73$2,868
Jan 20004490425.272.48$3,354
Dec 1999098424.282.42$2,385
Nov 1999096623.192.43$2,351
Oct 1999431,10420.982.80$3,997
Sep 199901,22821.752.62$3,216
Aug 199901,30219.262.88$3,744
Jul 199901,46617.892.37$3,478
Jun 199901,44015.942.36$3,401
May 1999411,25215.792.32$3,553
Apr 1999391,12915.102.21$3,082
Mar 199901,15212.471.84$2,118
Feb 199909679.981.82$1,758
Jan 1999081310.381.90$1,545
Dec 199801,0849.201.77$1,922
Nov 1998096010.892.19$2,098
Oct 19983594912.421.97$2,303
Sep 199801,05112.592.08$2,189
Aug 1998098111.301.91$1,871
Jul 1998311,38511.742.24$3,463
Jun 199801,38111.242.24$3,090
May 199801,54712.622.21$3,413
Apr 1998271,45513.042.51$3,997
Mar 199801,61612.802.31$3,732
Feb 1998241,08013.952.30$2,818
Jan 199801,16614.702.15$2,512
Dec 1997241,09616.322.41$3,034
Nov 199701,09018.193.09$3,366
Oct 199701,92919.253.15$6,076
Sep 1997094817.742.95$2,801
Aug 19972287517.862.55$2,628
Jul 199701,03917.582.25$2,335
Jun 1997088917.242.26$2,007
May 19972489318.972.31$2,517
Apr 199701,05117.882.08$2,189
Mar 19972492918.951.94$2,256
Feb 1997047220.492.21$1,041
Jan 19972489423.483.54$3,728
Dec 199601,02823.32$0
Nov 19962788721.97$593
Oct 199601,22423.31$0
Sep 19961296622.22$267
Aug 199601,60720.26$0
Jul 1996151,30919.55$293
Jun 1996361,19318.73$674
May 1996701,51119.43$1,360
Apr 199602,52021.51$0
Mar 199610217419.38$1,977
Feb 19961843,10216.98$3,124
Jan 19963331,25117.07$5,684
Dec 199521428917.19$3,679
Nov 199501,67316.00$0
Oct 199501,57615.43$0
Sep 199501,66016.18$0
Aug 1995501,51715.92$796
Jul 199501,55615.24$0
Jun 199501,44816.41$0
May 1995502,08617.56$878
Apr 199501,54517.73$0
Mar 199501,21316.44$0
Feb 199501,66516.58$0
Jan 199521,49015.92$32
Dec 199401,53715.03$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.

Sep 2011 — as filed, then multipliedworked
Condensate             4 bbl  × $ 83.62 =       $334
Gas                    0 Mcf  × $  3.99 =         $0

────────────────────────────────────────────────────
Month total                                     $334

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/153131 is the state's own key, not one this site invented.