WATSON, L. A.

Operated by XTO ENERGY INC. (P-5 945936) in the BLOCK 16 (MONTOYA) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 178573District 08Field 09269568Hydrogen sulphide field2 tax incentive programmesCondensateGasSaveExport
Value, all time
$52.8 M
Jan 2000 – May 2026
Value, last 12 filed months
$580 k
at the published price for each month
Months reported
317
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 37 leases and 37 wells, and the rule below applies to all of them.

Discovered
1972-06-21
as the register files it
Field class
Gas
the register's own label
Between wells
933 ft
minimum
From a lease line
467 ft
minimum

A drilling unit in this field needs at least 40 acres. The field rule took effect on 2001-10-02.

The register flags this field for hydrogen sulphide. That is a poisonous gas that occurs naturally in some formations. The flag is a property of the field as the Commission records it. It is not a measurement taken at this lease, and it is not a statement that gas is escaping anywhere.

The Commission's schedule remark for this field reads: DRAINHOLE.

Severance-tax incentive filings

Applications the operator filed to have this lease's gas taxed at a reduced state rate. A filing is an application, and this page never calls one a reduction that was granted.

ProgrammeFilingsWith an approval dateDatedDocket
High Cost Gas112001-11-30145314
NGPA1none

This says nothing about a royalty. A severance tax is charged to the operator. Whether a reduced rate reaches a royalty owner depends on the wording of the lease instrument, which is a private contract this site does not hold.

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
CondensateDisposition47,382 bbl$1,793,901
GasProduction10,590,700 Mcf$51,006,810
Total$52,800,711

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 31.4684, -103.0739. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.46844, -103.07387 · 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
13,993 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 13,993 ft.

Completions filed
Jan 2000
1 of 1 wells

1 well

42-475346152H13,993 ftJan 2000

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 (317)

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

317 months

May 202602,503106.413.05$7,624
Apr 202601,01698.932.87$2,916
Mar 2026225,60989.753.15$19,640
Feb 20265116,01563.503.75$63,300
Jan 20264321,87359.138.00$177,481
Dec 20256225,80056.664.41$117,378
Nov 20251919,61758.593.93$78,138
Oct 20250059.383.30$0
Sep 20250062.743.08$0
Aug 2025317,66963.933.01$25,102
Jul 20251620,62066.743.32$69,427
Jun 2025105,99066.483.13$19,406
May 2025114,59060.553.23$15,502
Apr 202503,26662.363.54$11,572
Mar 202502,75567.704.27$11,759
Feb 2025142,93070.884.34$13,711
Jan 202506,12574.324.28$26,207
Dec 2024195,09568.993.12$17,214
Nov 20240069.052.20$0
Oct 202401,18071.372.28$2,692
Sep 2024131,89169.612.36$5,376
Aug 202401,33575.632.06$2,755
Jul 202401,17379.932.15$2,518
Jun 2024057378.082.63$1,509
May 202401,74178.812.20$3,827
Apr 202404084.451.66$66
Mar 2024084380.301.55$1,303
Feb 202402,64676.091.78$4,720
Jan 2024181,23273.023.30$5,377
Dec 202302,81171.262.61$7,339
Nov 20230177.892.81$3
Oct 202302,27785.443.09$7,030
Sep 2023118,64489.042.74$24,621
Aug 2023224,73480.522.67$14,425
Jul 202301,03474.852.64$2,732
Jun 202301,71268.962.26$3,867
May 20232257370.622.23$2,830
Apr 202304,18378.122.24$9,361
Mar 2023507,53172.852.39$21,665
Feb 2023010,47875.112.47$25,835
Jan 202308,47476.533.39$28,708
Dec 202203,68476.415.73$21,106
Nov 202202,54485.005.65$14,364
Oct 202203,60687.185.86$21,145
Sep 202202,13384.888.16$17,413
Aug 202214,46294.529.13$40,820
Jul 202205,549101.587.54$41,851
Jun 202206,943115.097.98$55,386
May 202227,734109.378.43$65,440
Apr 202228,270104.226.84$56,755
Mar 2022310,325108.885.08$52,740
Feb 202208,23391.054.86$40,003
Jan 202206,29581.844.54$28,565
Dec 202138,30171.323.90$32,581
Nov 2021010,06577.435.24$52,709
Oct 2021316,51179.795.71$94,581
Sep 202109,92969.865.35$53,129
Aug 202134,87966.024.22$20,790
Jul 202109,69470.783.98$38,602
Jun 2021612,23769.493.38$41,786
May 2021015,42463.483.02$46,545
Apr 2021235,72460.362.76$17,177
Mar 2021119,99261.302.72$27,822
Feb 2021119,96857.805.55$55,938
Jan 2021815,15650.412.81$42,996
Dec 2020011,40044.642.68$30,500
Nov 202008,43438.772.71$22,827
Oct 2020012,27436.972.48$30,420
Sep 2020011,57537.091.99$23,046
Aug 2020012,98139.982.39$30,961
Jul 202008,45538.371.83$15,431
Jun 202019,68034.901.69$16,397
May 2020311,74816.921.81$21,370
Apr 20201414,21814.751.80$25,861
Mar 2020216,87530.341.86$31,385
Feb 20201813,79949.881.98$28,229
Jan 20201018,07157.252.09$38,427
Dec 201935,59359.012.30$13,065
Nov 2019013,72555.302.75$37,753
Oct 201902,47753.472.42$5,991
Sep 2019011,26455.052.66$29,932
Aug 201909,34153.112.30$21,525
Jul 2019013,51956.272.46$33,258
Jun 2019012,91952.782.49$32,184
May 201909,72958.482.74$26,661
Apr 201939,42162.632.75$26,102
Mar 2019711,24756.803.06$34,837
Feb 2019510,95050.852.79$30,829
Jan 20191412,60046.033.23$41,319
Dec 20181415,42646.594.19$65,217
Nov 2018711,01052.934.24$47,023
Oct 20182013,11661.443.40$45,798
Sep 2018513,34859.543.11$41,783
Aug 20182716,27759.403.07$51,518
Jul 20182310,66965.142.93$32,778
Jun 20182415,04860.183.08$47,746
May 20183311,18465.382.90$34,600
Apr 2018718,94463.842.90$30,477
Mar 201811313,01461.222.79$43,186
Feb 20187615,04661.782.77$46,314
Jan 20184312,30562.874.01$52,038
Dec 20177113,27957.272.92$42,861
Nov 20177514,89055.423.12$50,589
Oct 20176815,10349.292.98$48,414
Sep 20172212,35447.523.09$39,186
Aug 2017612,19545.373.00$36,911
Jul 2017612,84243.873.09$39,910
Jun 20171911,84742.493.09$37,382
May 20172816,22645.373.26$54,222
Apr 20176913,97047.933.21$48,173
Mar 20178013,30646.772.98$43,442
Feb 20172414,94450.452.95$45,334
Jan 20177512,21149.413.42$45,453
Dec 20167718,23648.763.72$71,644
Nov 20161519,29142.492.64$51,650
Oct 20161513,61246.193.09$42,757
Sep 2016464,61141.553.10$16,208
Aug 20163915,03241.442.92$45,575
Jul 2016713,78841.622.92$40,612
Jun 20162817,32645.352.69$47,804
May 2016219,09642.521.99$19,003
Apr 20162312,01236.561.99$24,757
Mar 20166910,55633.011.79$21,215
Feb 20165112,87526.472.06$27,919
Jan 201610014,77227.352.36$37,661
Dec 201510513,11632.362.00$29,648
Nov 20157014,39738.792.17$33,918
Oct 20154114,76443.552.43$37,612
Sep 20152016,13142.992.76$45,356
Aug 20153115,47240.162.87$45,688
Jul 20154618,92948.152.95$57,962
Jun 20157419,57456.152.88$60,584
May 2015227,86355.212.96$24,453
Apr 20155716,15349.822.71$46,559
Mar 20155413,22042.892.93$41,113
Feb 20155313,66744.662.98$43,043
Jan 20154914,45643.433.10$46,951
Dec 20141818,17554.693.59$66,257
Nov 20147918,52870.464.25$84,344
Oct 20146818,55678.303.90$77,711
Sep 20141215,61886.164.05$64,216
Aug 20141814,18289.394.04$58,835
Jul 20141013,27496.564.18$56,446
Jun 2014916,16798.164.74$77,465
May 20141318,27194.734.73$87,590
Apr 2014915,14795.944.81$73,707
Mar 2014618,11595.895.06$92,179
Feb 2014415,21297.406.19$94,582
Jan 2014520,18290.404.86$98,551
Dec 2013012,65391.824.35$55,097
Nov 2013018,89688.853.74$70,639
Oct 2013518,20797.423.78$69,298
Sep 2013814,016104.113.72$52,941
Aug 20131615,221104.253.52$55,286
Jul 20133116,922102.523.72$66,090
Jun 20133519,18994.403.93$78,782
May 20131815,68194.834.15$66,769
Apr 20132719,50393.964.28$86,060
Mar 20134418,65093.623.91$77,094
Feb 20136018,98691.233.42$70,404
Jan 20134819,17391.603.42$69,967
Dec 20122221,46986.773.42$75,336
Nov 20121619,09386.953.62$70,603
Oct 20122420,55089.383.40$72,009
Sep 20121419,54194.672.92$58,354
Aug 20121118,82592.662.91$55,765
Jul 2012721,15285.133.02$64,492
Jun 2012419,60479.822.52$49,703
May 2012220,96091.612.49$52,338
Apr 2012820,812101.652.00$42,371
Mar 20121621,299105.052.22$49,009
Feb 20121322,044101.102.57$57,973
Jan 2012920,15398.092.73$55,983
Dec 20111022,79796.873.24$74,825
Nov 2011623,54895.723.31$78,548
Oct 20111022,88984.983.65$84,361
Sep 20111323,57983.623.99$95,068
Aug 20111222,36883.404.15$93,813
Jul 20111124,83094.144.52$113,199
Jun 20111322,09592.904.64$103,726
May 20111326,04198.134.40$115,982
Apr 20111125,893105.964.33$113,367
Mar 20111110,20396.364.06$42,457
Feb 2011719,29485.644.18$81,248
Jan 20111424,14686.504.59$112,012
Dec 20101223,74485.734.35$104,262
Nov 20101323,34280.843.80$89,642
Oct 2010925,73678.103.51$91,008
Sep 2010026,34072.633.98$104,819
Aug 2010025,46373.684.42$112,530
Jul 2010026,00072.554.74$123,149
Jun 2010021,73370.364.91$106,718
May 20101122,65371.124.24$96,723
Apr 20104726,32981.694.12$112,386
Mar 20109423,09778.394.39$108,734
Feb 201010424,02473.585.44$138,400
Jan 20105827,30274.365.96$167,144
Dec 200911026,90371.445.48$155,388
Nov 20099926,43674.593.75$106,559
Oct 200913928,14772.544.11$125,774
Sep 200923928,55065.543.06$103,163
Aug 200913229,06467.423.22$102,442
Jul 200913623,31261.133.46$89,078
Jun 20098915,46366.163.90$66,117
May 200915527,45654.743.93$116,270
Apr 20099826,08446.773.59$98,160
Mar 20094027,86942.144.06$114,806
Feb 20094225,58732.814.63$119,923
Jan 20094329,06735.865.37$157,661
Dec 20084829,69837.105.98$179,290
Nov 200810631,50455.496.86$222,011
Oct 200817625,20575.246.92$187,711
Sep 200817128,174101.767.88$239,330
Aug 200820227,744114.228.48$258,425
Jul 200818829,901131.0811.39$365,198
Jun 200812127,601131.3313.03$375,605
May 200812831,125123.1711.57$376,016
Apr 20086530,670110.3110.45$327,821
Mar 20081030,860101.909.66$299,252
Feb 20081330,32292.538.77$267,144
Jan 20081532,08690.388.21$264,645
Dec 20071632,31888.337.30$237,398
Nov 20071931,86391.677.29$234,077
Oct 200710632,77382.856.92$235,636
Sep 200711832,24075.846.24$210,261
Aug 200712734,27569.066.39$227,717
Jul 200712634,75170.906.39$230,921
Jun 200712734,06862.007.55$265,035
May 200713335,01458.747.85$282,542
Apr 200714134,43659.617.81$277,185
Mar 200713535,54656.927.30$267,240
Feb 200715632,71455.108.22$277,374
Jan 200717136,55850.306.73$254,521
Dec 200621536,38356.656.92$263,893
Nov 200624936,38554.207.62$290,658
Oct 200624938,07454.906.01$242,640
Sep 200621536,52460.085.04$196,896
Aug 200625138,97268.717.34$303,298
Jul 200619339,30169.376.34$262,665
Jun 200612938,27266.286.38$252,874
May 200612039,30366.016.42$260,443
Apr 200611139,71764.397.36$299,483
Mar 200614640,48156.707.08$295,002
Feb 200614737,72757.597.75$300,892
Jan 200620642,35760.598.93$390,870
Dec 200521742,81754.9413.42$586,329
Nov 200520941,55754.6910.59$451,452
Oct 200522939,36958.3413.80$556,485
Sep 200524040,93661.4512.08$509,214
Aug 200528244,10461.519.80$449,426
Jul 200525844,87955.697.84$366,383
Jun 200521544,18952.337.38$337,412
May 200523246,29145.226.65$318,380
Apr 200523745,35549.207.36$345,495
Mar 200525647,12350.377.15$350,054
Feb 200526543,38645.226.31$285,832
Jan 200532548,64443.166.32$321,564
Dec 200427149,49939.866.75$344,974
Nov 200430947,89045.286.33$317,155
Oct 200439150,47649.706.52$348,289
Sep 200429348,83443.245.28$270,703
Aug 200433652,03442.375.55$303,059
Jul 200428450,98538.286.08$321,073
Jun 200421951,21136.106.43$337,347
May 200418453,66437.486.49$355,421
Apr 20049053,05434.475.86$313,917
Mar 20048955,60834.365.53$310,578
Feb 20049152,62032.455.51$292,869
Jan 20048955,69832.036.30$353,728
Dec 20036439,02530.266.30$247,858
Nov 200314356,67028.804.60$264,526
Oct 200348763,02028.174.76$313,671
Sep 200343558,02026.314.75$287,003
Aug 200349769,22329.765.13$369,885
Jul 200341061,29529.415.17$329,005
Jun 200348163,31228.565.98$392,531
May 200347364,21526.595.97$396,113
Apr 200351763,93826.675.41$359,519
Mar 200357673,84131.146.10$468,074
Feb 200349855,51033.487.93$456,639
Jan 200355073,79630.315.58$428,603
Dec 200246271,02826.914.85$357,185
Nov 200233675,36924.664.14$320,084
Oct 200228276,43226.464.23$330,702
Sep 200231180,32027.443.64$300,513
Aug 200244174,51625.963.16$247,229
Jul 200245479,47924.583.06$254,505
Jun 200236982,03323.733.34$282,602
May 200232085,20524.663.58$313,266
Apr 200237084,88823.653.51$306,904
Mar 200244090,11622.003.10$289,285
Feb 200240986,45218.222.38$212,834
Jan 200266294,54417.172.38$235,973
Dec 200147795,00916.932.36$232,715
Nov 200115794,17518.072.41$229,377
Oct 2001169100,55019.782.53$257,622
Sep 200117198,59124.262.25$226,108
Aug 2001217105,07524.873.05$326,208
Jul 2001234108,37823.933.20$352,093
Jun 2001256108,27924.563.82$420,364
May 2001434113,90025.524.31$501,679
Apr 2001808115,46924.685.34$636,006
Mar 2001806124,53424.545.38$689,329
Feb 2001606116,59727.755.77$689,241
Jan 2001730133,48127.478.40$1,141,128
Dec 2000728142,18326.889.12$1,316,633
Nov 2000848141,79332.215.66$829,579
Oct 2000687158,15831.235.15$835,257
Sep 2000868175,08331.875.19$935,731
Aug 20001,065173,32329.644.54$818,583
Jul 20001,193172,12628.534.09$737,989
Jun 20001,663179,54029.304.40$838,208
May 20001,835210,61427.263.68$825,029
Apr 20001,994247,64024.513.12$820,519
Mar 20002,894359,06228.422.86$1,109,075
Feb 20002,903313,83827.622.73$935,860
Jan 2000030,44525.272.48$75,519

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
Condensate             0 bbl  × $106.41 =         $0
Gas                2,503 Mcf  × $  3.05 =     $7,624

────────────────────────────────────────────────────
Month total                                   $7,624

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/178573 is the state's own key, not one this site invented.