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 153132District 08Field 20101500CondensateGasSaveExport
Value, all time
$764 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
CondensateDisposition1,296 bbl$56,323
GasProduction160,573 Mcf$707,932
Total$764,255

19,032 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 31.6831, -101.2609. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.68309, -101.26093 · 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
8,500 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
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 8,500 ft.

Completions filed
Jul 1980
1 of 1 wells

1 well

42-4313089228,500 ftJul 1980

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 201408354.693.59$298
Nov 2014014070.464.25$595
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 201401595.944.81$72
Mar 201404495.895.06$223
Feb 2014030897.406.19$1,907
Jan 2014012490.404.86$603
Dec 2013016091.824.35$697
Nov 2013020688.853.74$770
Oct 2013018797.423.78$707
Sep 2013056104.113.72$208
Aug 2013013104.253.52$46
Jul 2013025102.523.72$93
Jun 201302294.403.93$87
May 20130094.834.15$0
Apr 20130093.964.28$0
Mar 2013024793.623.91$966
Feb 2013018191.233.42$619
Jan 2013031391.603.42$1,070
Dec 2012024486.773.42$835
Nov 2012024586.953.62$888
Oct 2012074689.383.40$2,536
Sep 2012025994.672.92$756
Aug 2012022792.662.91$660
Jul 2012026985.133.02$813
Jun 2012018279.822.52$458
May 2012023891.612.49$592
Apr 20120140101.652.00$280
Mar 201200105.052.22$0
Feb 201201101.102.57$3
Jan 201203298.092.73$87
Dec 201106796.873.24$217
Nov 201106795.723.31$222
Oct 2011015984.983.65$580
Sep 2011017183.623.99$682
Aug 2011023583.404.15$975
Jul 2011026494.144.52$1,193
Jun 2011023592.904.64$1,090
May 2011023598.134.40$1,035
Apr 20110182105.964.33$789
Mar 2011014796.364.06$596
Feb 2011015985.644.18$665
Jan 2011018986.504.59$867
Dec 2010018885.734.35$817
Nov 2010026780.843.80$1,013
Oct 2010031878.103.51$1,116
Sep 20101936572.633.98$2,832
Aug 2010045373.684.42$2,002
Jul 2010042072.554.74$1,989
Jun 2010023770.364.91$1,164
May 20100071.124.24$0
Apr 20100081.694.12$0
Mar 201006678.394.39$290
Feb 2010081773.585.44$4,446
Jan 20102979174.365.96$6,874
Dec 2009079571.445.48$4,360
Nov 2009072974.593.75$2,735
Oct 2009075572.544.11$3,103
Sep 2009064665.543.06$1,980
Aug 2009058067.423.22$1,867
Jul 2009055061.133.46$1,905
Jun 2009050866.163.90$1,979
May 2009057554.743.93$2,257
Apr 2009063746.773.59$2,285
Mar 2009060842.144.06$2,468
Feb 2009060732.814.63$2,812
Jan 2009068835.865.37$3,695
Dec 2008056237.105.98$3,359
Nov 20084270055.496.86$7,133
Oct 2008073275.246.92$5,067
Sep 20080673101.767.88$5,301
Aug 20080675114.228.48$5,726
Jul 20080766131.0811.39$8,724
Jun 20080755131.3313.03$9,840
May 20080812123.1711.57$9,398
Apr 200851723110.3110.45$13,185
Mar 20080695101.909.66$6,717
Feb 2008066192.538.77$5,797
Jan 2008092190.388.21$7,557
Dec 2007093688.337.30$6,835
Nov 200701191.677.29$80
Oct 20075284982.856.92$10,185
Sep 2007078275.846.24$4,883
Aug 2007081969.066.39$5,232
Jul 2007089370.906.39$5,704
Jun 2007084762.007.55$6,394
May 2007093258.747.85$7,313
Apr 20076093159.617.81$10,843
Mar 2007093356.927.30$6,813
Feb 2007085955.108.22$7,058
Jan 2007097750.306.73$6,572
Dec 20065895356.656.92$9,879
Nov 2006089154.207.62$6,787
Oct 2006092454.906.01$5,557
Sep 2006092760.085.04$4,669
Aug 2006088168.717.34$6,466
Jul 20065377569.376.34$8,592
Jun 2006075666.286.38$4,826
May 200601766.016.42$109
Apr 20064777964.397.36$8,760
Mar 2006083156.707.08$5,886
Feb 2006071357.597.75$5,527
Jan 2006073260.598.93$6,539
Dec 2005351054.9413.42$2,057
Nov 2005071054.6910.59$7,518
Oct 2005083258.3413.80$11,478
Sep 2005087161.4512.08$10,521
Aug 20054686261.519.80$11,274
Jul 2005079055.697.84$6,196
Jun 2005075552.337.38$5,573
May 2005095345.226.65$6,339
Apr 20054987649.207.36$8,859
Mar 200501,82850.377.15$13,079
Feb 2005089545.226.31$5,649
Jan 2005471,20843.166.32$9,666
Dec 2004084839.866.75$5,725
Nov 2004090245.286.33$5,710
Oct 200401,22049.706.52$7,948
Sep 200401,03143.245.28$5,448
Aug 2004411,02442.375.55$7,421
Jul 2004099938.286.08$6,078
Jun 200401,03736.106.43$6,671
May 200401,06237.486.49$6,897
Apr 20043496334.475.86$6,814
Mar 200401,15634.365.53$6,393
Feb 2004381,00632.455.51$6,776
Jan 200401,24332.036.30$7,830
Dec 200301,29430.266.30$8,154
Nov 2003761,06528.804.60$7,083
Oct 200301,04728.174.76$4,983
Sep 2003095426.314.75$4,531
Aug 200301,06929.765.13$5,484
Jul 2003381,05929.415.17$6,594
Jun 200301,27128.565.98$7,604
May 2003090926.595.97$5,429
Apr 20033297526.675.41$6,126
Mar 200301,03531.146.10$6,309
Feb 200301,05333.487.93$8,346
Jan 200301,16530.315.58$6,503
Dec 20022593926.914.85$5,230
Nov 20022486524.664.14$4,170
Oct 2002085026.464.23$3,595
Sep 20022590227.443.64$3,965
Aug 20022691625.963.16$3,573
Jul 2002271,00524.583.06$3,741
Jun 2002099423.733.34$3,318
May 2002371,04724.663.58$4,665
Apr 2002060423.653.51$2,121
Mar 2002057822.003.10$1,793
Feb 2002064718.222.38$1,537
Jan 2002099317.172.38$2,359
Dec 20013098916.932.36$2,846
Nov 20013390918.072.41$2,783
Oct 20015685819.782.53$3,277
Sep 2001079124.262.25$1,781
Aug 2001080324.873.05$2,452
Jul 2001078423.933.20$2,507
Jun 20013485224.563.82$4,093
May 2001093725.524.31$4,036
Apr 2001071424.685.34$3,809
Mar 2001084524.545.38$4,543
Feb 2001042927.755.77$2,474
Jan 2001058827.478.40$4,938
Dec 2000058326.889.12$5,318
Nov 2000065632.215.66$3,712
Oct 2000065831.235.15$3,386
Sep 2000074031.875.19$3,838
Aug 2000070929.644.54$3,219
Jul 2000073228.534.09$2,994
Jun 2000060529.304.40$2,660
May 2000055527.263.68$2,042
Apr 2000056524.513.12$1,761
Mar 2000062728.422.86$1,793
Feb 2000058927.622.73$1,606
Jan 2000050625.272.48$1,255
Dec 1999055124.282.42$1,335
Nov 1999054123.192.43$1,317
Oct 1999061820.982.80$1,733
Sep 1999068721.752.62$1,799
Aug 1999073019.262.88$2,099
Jul 1999082117.892.37$1,948
Jun 1999080615.942.36$1,904
May 1999070115.792.32$1,627
Apr 1999163215.102.21$1,411
Mar 1999064412.471.84$1,184
Feb 199909519.981.82$1,729
Jan 1999071210.381.90$1,353
Dec 199809489.201.77$1,681
Nov 1998083910.892.19$1,834
Oct 1998083112.421.97$1,636
Sep 1998092012.592.08$1,916
Aug 1998086411.301.91$1,648
Jul 1998192311.742.24$2,077
Jun 1998091311.242.24$2,043
May 1998086712.622.21$1,913
Apr 1998281513.042.51$2,068
Mar 199801,07312.802.31$2,478
Feb 199821,20113.952.30$2,789
Jan 199801,29814.702.15$2,797
Dec 199721,31616.322.41$3,206
Nov 199701,08418.193.09$3,348
Oct 1997074919.253.15$2,359
Sep 1997062317.742.95$1,841
Aug 1997164117.862.55$1,655
Jul 1997076117.582.25$1,710
Jun 1997065417.242.26$1,476
May 1997160418.972.31$1,413
Apr 1997073417.882.08$1,529
Mar 1997263018.951.94$1,260
Feb 199703,80720.492.21$8,398
Jan 1997267123.483.54$2,422
Dec 1996070523.32$0
Nov 1996051421.97$0
Oct 1996070923.31$0
Sep 1996057522.22$0
Aug 1996095620.26$0
Jul 1996070819.55$0
Jun 1996065618.73$0
May 1996061419.43$0
Apr 199604521.51$0
Mar 1996010819.38$0
Feb 199604716.98$0
Jan 1996052917.07$0
Dec 19951699017.19$275
Nov 1995020816.00$0
Oct 1995054015.43$0
Sep 1995057516.18$0
Aug 1995511,27615.92$812
Jul 199501,22315.24$0
Jun 199501,13616.41$0
May 1995491,64317.56$860
Apr 199501,21417.73$0
Mar 1995083516.44$0
Feb 199501,14516.58$0
Jan 199521,02515.92$32
Dec 199401,05615.03$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.

Dec 2014 — as filed, then multipliedworked
Condensate             0 bbl  × $ 54.69 =         $0
Gas                   83 Mcf  × $  3.59 =       $298

────────────────────────────────────────────────────
Month total                                     $298

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/153132 is the state's own key, not one this site invented.