WATSON, J. E.

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 157763District 08Field 20101500CondensateGasSaveExport
Value, all time
$680 k
Jan 1996 – Nov 2014
Value, last 12 filed months
$0
at the published price for each month
Months reported
227
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
CondensateDisposition2,241 bbl$65,545
GasProduction135,511 Mcf$614,072
Total$679,618

19,022 Mcf of this lease's gas, across 12 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 31.6871, -101.2600. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.68708, -101.25995 · 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
8,503 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 8,503 ft.

Completions filed
Nov 2014
1 of 1 wells

1 well

42-4313107238,503 ftNov 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 (227)

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

227 months

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 201206498.092.73$175
Dec 2011012396.873.24$398
Nov 2011010595.723.31$348
Oct 2011025284.983.65$919
Sep 2011027883.623.99$1,108
Aug 2011032783.404.15$1,357
Jul 2011137394.144.52$1,779
Jun 2011041992.904.64$1,944
May 2011240998.134.40$1,998
Apr 20112358105.964.33$1,763
Mar 2011126796.364.06$1,180
Feb 2011025785.644.18$1,074
Jan 2011026686.504.59$1,221
Dec 2010024785.734.35$1,074
Nov 2010033680.843.80$1,275
Oct 2010241878.103.51$1,623
Sep 20103349772.633.98$4,375
Aug 2010063073.684.42$2,784
Jul 2010058272.554.74$2,757
Jun 2010054170.364.91$2,657
May 2010092171.124.24$3,901
Apr 2010089181.694.12$3,673
Mar 2010090078.394.39$3,950
Feb 2010075073.585.44$4,082
Jan 20101471374.365.96$5,293
Dec 2009070271.445.48$3,850
Nov 2009065974.593.75$2,472
Oct 2009036372.544.11$1,492
Sep 2009060265.543.06$1,845
Aug 2009061667.423.22$1,983
Jul 2009056761.133.46$1,964
Jun 2009054266.163.90$2,111
May 2009060654.743.93$2,379
Apr 2009063746.773.59$2,285
Mar 2009064042.144.06$2,598
Feb 2009058832.814.63$2,724
Jan 2009064935.865.37$3,486
Dec 2008051837.105.98$3,096
Nov 2008764255.496.86$4,793
Oct 2008063475.246.92$4,389
Sep 20080586101.767.88$4,616
Aug 20080614114.228.48$5,209
Jul 20080674131.0811.39$7,676
Jun 20080706131.3313.03$9,201
May 20080761123.1711.57$8,808
Apr 200813678110.3110.45$8,522
Mar 20080652101.909.66$6,301
Feb 2008061992.538.77$5,429
Jan 2008086490.388.21$7,090
Dec 2007082988.337.30$6,053
Nov 20070091.677.29$0
Oct 20072874882.856.92$7,497
Sep 2007067375.846.24$4,202
Aug 2007070669.066.39$4,510
Jul 2007076970.906.39$4,912
Jun 2007072962.007.55$5,503
May 2007079958.747.85$6,269
Apr 20073078059.617.81$7,876
Mar 2007078256.927.30$5,710
Feb 2007072055.108.22$5,916
Jan 2007081850.306.73$5,503
Dec 20063081156.656.92$7,310
Nov 2006078754.207.62$5,995
Oct 2006081754.906.01$4,913
Sep 2006081960.085.04$4,125
Aug 2006077868.717.34$5,710
Jul 20062968569.376.34$6,357
Jun 2006066866.286.38$4,264
May 20060866.016.42$51
Apr 20062968864.397.36$6,931
Mar 2006073456.707.08$5,199
Feb 2006063457.597.75$4,914
Jan 2006073960.598.93$6,602
Dec 200530754.9413.42$1,742
Nov 2005086954.6910.59$9,201
Oct 2005096858.3413.80$13,354
Sep 2005092861.4512.08$11,209
Aug 20053491961.519.80$11,095
Jul 2005085055.697.84$6,667
Jun 2005080452.337.38$5,934
May 2005086645.226.65$5,760
Apr 20053475149.207.36$7,201
Mar 200501,56750.377.15$11,212
Feb 2005076745.226.31$4,841
Jan 2005351,03543.166.32$8,054
Dec 2004072639.866.75$4,901
Nov 2004077345.286.33$4,893
Oct 200401,04649.706.52$6,815
Sep 2004088643.245.28$4,682
Aug 20043890742.375.55$6,645
Jul 200401,01738.286.08$6,188
Jun 200401,08936.106.43$7,006
May 200401,15537.486.49$7,501
Apr 2004421,05034.475.86$7,599
Mar 200401,20134.365.53$6,642
Feb 20044195732.455.51$6,603
Jan 200401,18932.036.30$7,490
Dec 200301,23430.266.30$7,776
Nov 20037395628.804.60$6,495
Oct 2003094428.174.76$4,493
Sep 2003088026.314.75$4,179
Aug 2003098629.765.13$5,058
Jul 20033595329.415.17$5,957
Jun 2003099828.565.98$5,971
May 2003071426.595.97$4,264
Apr 20033576726.675.41$5,081
Mar 2003087631.146.10$5,340
Feb 2003083833.487.93$6,642
Jan 2003092630.315.58$5,169
Dec 20023660426.914.85$3,900
Nov 20023455524.664.14$3,134
Oct 2002054726.464.23$2,313
Sep 20023258027.443.64$2,987
Aug 20023258925.963.16$2,694
Jul 20023064524.583.06$2,712
Jun 2002063823.733.34$2,130
May 20023567224.663.58$3,272
Apr 2002038823.653.51$1,363
Mar 2002037122.003.10$1,151
Feb 2002041618.222.38$988
Jan 2002063717.172.38$1,513
Dec 20013163516.932.36$2,026
Nov 20013758418.072.41$2,073
Oct 20018555119.782.53$3,075
Sep 2001050824.262.25$1,144
Aug 2001051624.873.05$1,575
Jul 2001050423.933.20$1,611
Jun 200112054824.563.82$5,043
May 2001060225.524.31$2,593
Apr 2001046024.685.34$2,454
Mar 2001054324.545.38$2,919
Feb 2001027627.755.77$1,592
Jan 20016637727.478.40$4,979
Dec 2000037426.889.12$3,412
Nov 20006842132.215.66$4,572
Oct 2000042231.235.15$2,171
Sep 2000047531.875.19$2,464
Aug 20004745629.644.54$3,464
Jul 2000047128.534.09$1,926
Jun 2000038929.304.40$1,711
May 20004635627.263.68$2,564
Apr 2000036424.513.12$1,134
Mar 2000040228.422.86$1,150
Feb 2000037927.622.73$1,033
Jan 20004532525.272.48$1,943
Dec 1999035424.282.42$858
Nov 1999034823.192.43$847
Oct 19994339720.982.80$2,015
Sep 1999044221.752.62$1,158
Aug 1999046919.262.88$1,349
Jul 1999052717.892.37$1,250
Jun 1999051815.942.36$1,224
May 19994145115.792.32$1,694
Apr 19993940615.102.21$1,485
Mar 1999041512.471.84$763
Feb 199907059.981.82$1,282
Jan 1999055810.381.90$1,060
Dec 199807459.201.77$1,321
Nov 1998065910.892.19$1,440
Oct 19983565212.421.97$1,719
Sep 1998072212.592.08$1,504
Aug 1998064511.301.91$1,230
Jul 19983058511.742.24$1,661
Jun 1998056911.242.24$1,273
May 1998055612.622.21$1,227
Apr 19982552413.042.51$1,639
Mar 1998063512.802.31$1,466
Feb 19982364113.952.30$1,795
Jan 1998069314.702.15$1,493
Dec 19972370316.322.41$2,070
Nov 1997084818.193.09$2,619
Oct 1997070819.253.15$2,230
Sep 1997069817.742.95$2,063
Aug 19972270117.862.55$2,184
Jul 1997068117.582.25$1,530
Jun 1997077917.242.26$1,758
May 19972295018.972.31$2,610
Apr 199701,11817.882.08$2,329
Mar 19972199018.951.94$2,318
Feb 1997054820.492.21$1,209
Jan 1997191,00623.483.54$4,007
Dec 1996096823.32$0
Nov 19964184021.97$901
Oct 199601,16023.31$0
Sep 19962182822.22$467
Aug 199601,37720.26$0
Jul 1996321,10119.55$626
Jun 19967998418.73$1,480
May 19961591,29519.43$3,089
Apr 199601,94521.51$0
Mar 1996455,42219.38$872
Feb 19961012,25916.98$1,715
Jan 19965884317.07$990

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.

Jan 2012 — as filed, then multipliedworked
Condensate             0 bbl  × $ 98.09 =         $0
Gas                   64 Mcf  × $  2.73 =       $175

────────────────────────────────────────────────────
Month total                                     $175

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/157763 is the state's own key, not one this site invented.