WATSON, J. E. 'A'

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 225832District 08Field 20101500CondensateGasSaveExport
Value, all time
$629 k
Nov 2006 – May 2026
Value, last 12 filed months
$2 k
at the published price for each month
Months reported
235
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
CondensateDisposition845 bbl$59,672
GasProduction117,682 Mcf$569,142
Total$628,814

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 31.6755, -101.2608. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.67549, -101.26081 · 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
Jun 2002
1 of 1 wells

1 well

42-4313088218,500 ftJun 2002

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 (235)

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

235 months

May 202600106.413.05$0
Apr 202604298.932.87$121
Mar 202604489.753.15$139
Feb 202604063.503.75$150
Jan 202604559.138.00$360
Dec 202504156.664.41$181
Nov 202501158.593.93$43
Oct 202502559.383.30$83
Sep 202506962.743.08$212
Aug 202509263.933.01$277
Jul 2025010666.743.32$351
Jun 2025010966.483.13$341
May 2025011360.553.23$365
Apr 2025016862.363.54$595
Mar 2025022667.704.27$965
Feb 2025021970.884.34$951
Jan 2025024374.324.28$1,040
Dec 2024026268.993.12$818
Nov 2024028469.052.20$624
Oct 2024032871.372.28$748
Sep 2024029569.612.36$697
Aug 2024031175.632.06$642
Jul 2024030879.932.15$661
Jun 2024033978.082.63$893
May 2024037178.812.20$816
Apr 2024035284.451.66$584
Mar 2024036080.301.55$556
Feb 2024034876.091.78$621
Jan 2024042073.023.30$1,385
Dec 2023043071.262.61$1,123
Nov 2023042977.892.81$1,204
Oct 2023044685.443.09$1,377
Sep 2023040989.042.74$1,119
Aug 2023044680.522.67$1,192
Jul 2023048674.852.64$1,284
Jun 2023045468.962.26$1,025
May 2023048770.622.23$1,085
Apr 2023048978.122.24$1,094
Mar 2023050872.852.39$1,216
Feb 2023046775.112.47$1,151
Jan 2023048576.533.39$1,643
Dec 2022047776.415.73$2,733
Nov 2022046285.005.65$2,609
Oct 2022053487.185.86$3,131
Sep 2022054584.888.16$4,449
Aug 2022056794.529.13$5,175
Jul 20220534101.587.54$4,027
Jun 20220540115.097.98$4,308
May 20220591109.378.43$4,984
Apr 20220401104.226.84$2,742
Mar 20220266108.885.08$1,350
Feb 2022047291.054.86$2,293
Jan 2022051581.844.54$2,337
Dec 2021048671.323.90$1,895
Nov 2021053977.435.24$2,823
Oct 2021058479.795.71$3,337
Sep 2021059669.865.35$3,189
Aug 2021073166.024.22$3,085
Jul 2021096470.783.98$3,839
Jun 2021088369.493.38$2,985
May 20210063.483.02$0
Apr 20210060.362.76$0
Mar 20210061.302.72$0
Feb 2021022757.805.55$1,259
Jan 2021058750.412.81$1,650
Dec 2020056044.642.68$1,498
Nov 2020047738.772.71$1,291
Oct 2020030736.972.48$761
Sep 2020053537.091.99$1,065
Aug 2020045439.982.39$1,083
Jul 2020055138.371.83$1,006
Jun 2020049134.901.69$830
May 2020053216.921.81$965
Apr 2020042214.751.80$761
Mar 2020063530.341.86$1,179
Feb 2020059049.881.98$1,169
Jan 2020064857.252.09$1,357
Dec 2019066759.012.30$1,537
Nov 2019064555.302.75$1,774
Oct 2019069153.472.42$1,671
Sep 2019060855.052.66$1,616
Aug 2019070853.112.30$1,631
Jul 2019061656.272.46$1,515
Jun 2019040252.782.49$1,001
May 2019042758.482.74$1,170
Apr 2019041562.632.75$1,142
Mar 201904456.803.06$135
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 201601841.553.10$56
Aug 20160041.442.92$0
Jul 20160041.622.92$0
Jun 20160045.352.69$0
May 20160042.521.99$0
Apr 2016023636.561.99$470
Mar 2016043033.011.79$771
Feb 2016045726.472.06$943
Jan 2016030227.352.36$714
Dec 2015061932.362.00$1,239
Nov 2015057538.792.17$1,246
Oct 2015047343.552.43$1,148
Sep 2015053942.992.76$1,487
Aug 2015083740.162.87$2,404
Jul 2015050448.152.95$1,484
Jun 201507,36156.152.88$21,221
May 201501,13555.212.96$3,354
Apr 201501,16349.822.71$3,148
Mar 201501,15642.892.93$3,393
Feb 20150044.662.98$0
Jan 20150043.433.10$0
Dec 201402154.693.59$75
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 2014122094.734.73$11,557
Apr 20140095.944.81$0
Mar 201407195.895.06$359
Feb 2014014697.406.19$904
Jan 2014023890.404.86$1,157
Dec 2013033791.824.35$1,467
Nov 2013031888.853.74$1,189
Oct 2013048797.423.78$1,841
Sep 20130379104.113.72$1,409
Aug 20130221104.253.52$779
Jul 20130269102.523.72$1,000
Jun 2013024494.403.93$960
May 2013027594.834.15$1,141
Apr 2013024193.964.28$1,032
Mar 2013028793.623.91$1,123
Feb 2013015491.233.42$527
Jan 2013017291.603.42$588
Dec 2012036486.773.42$1,245
Nov 2012037186.953.62$1,345
Oct 2012074689.383.40$2,536
Sep 2012073894.672.92$2,154
Aug 2012090292.662.91$2,623
Jul 2012063185.133.02$1,906
Jun 2012075379.822.52$1,897
May 2012091991.612.49$2,287
Apr 20120746101.652.00$1,490
Mar 20120568105.052.22$1,262
Feb 20120494101.102.57$1,270
Jan 2012060998.092.73$1,665
Dec 2011066896.873.24$2,164
Nov 2011030695.723.31$1,013
Oct 2011012984.983.65$471
Sep 2011052583.623.99$2,093
Aug 2011019383.404.15$801
Jul 2011022894.144.52$1,030
Jun 20110092.904.64$0
May 20110098.134.40$0
Apr 20110819105.964.33$3,549
Mar 2011082096.364.06$3,327
Feb 2011056685.644.18$2,366
Jan 2011086586.504.59$3,969
Dec 2010063385.734.35$2,752
Nov 2010017080.843.80$645
Oct 2010019578.103.51$684
Sep 2010054072.633.98$2,149
Aug 2010025573.684.42$1,127
Jul 201030233272.554.74$23,483
Jun 201030133270.364.91$22,809
May 2010061271.124.24$2,592
Apr 2010072781.694.12$2,997
Mar 2010067278.394.39$2,949
Feb 2010060173.585.44$3,271
Jan 2010044074.365.96$2,624
Dec 2009045071.445.48$2,468
Nov 2009079374.593.75$2,975
Oct 200901,24472.544.11$5,113
Sep 2009091765.543.06$2,810
Aug 2009099767.423.22$3,209
Jul 2009029661.133.46$1,025
Jun 2009023466.163.90$911
May 2009026354.743.93$1,032
Apr 2009056246.773.59$2,016
Mar 2009096242.144.06$3,905
Feb 200901,08832.814.63$5,041
Jan 200901,74535.865.37$9,372
Dec 20081031,77337.105.98$14,419
Nov 200801,77155.496.86$12,150
Oct 200801,73775.246.92$12,023
Sep 20080617101.767.88$4,860
Aug 200800114.228.48$0
Jul 200801,338131.0811.39$15,239
Jun 20080926131.3313.03$12,068
May 200801,243123.1711.57$14,387
Apr 200801,556110.3110.45$16,268
Mar 200801,526101.909.66$14,747
Feb 200801,20192.538.77$10,533
Jan 2008041590.388.21$3,405
Dec 2007084388.337.30$6,156
Nov 2007093191.677.29$6,789
Oct 200701,65582.856.92$11,456
Sep 200701,63775.846.24$10,222
Aug 200701,58969.066.39$10,150
Jul 2007171,73170.906.39$12,263
Jun 200701,52162.007.55$11,481
May 200701,71058.747.85$13,417
Apr 200701,75959.617.81$13,729
Mar 200701,87856.927.30$13,713
Feb 200701,58655.108.22$13,031
Jan 200701,60550.306.73$10,797
Dec 200601,72856.656.92$11,955
Nov 200601,68854.207.62$12,858

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.

Apr 2026 — as filed, then multipliedworked
Condensate             0 bbl  × $ 98.93 =         $0
Gas                   42 Mcf  × $  2.87 =       $121

────────────────────────────────────────────────────
Month total                                     $121

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/225832 is the state's own key, not one this site invented.