WATSON, MAURICE

Operated by BASA RESOURCES, INC. (P-5 53974) in the IATAN, EAST HOWARD field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 12451District 08Field 44148500Hydrogen sulphide fieldOilCasinghead gasSaveExport
Value, all time
$1.3 M
Jan 1993 – May 2026
Value, last 12 filed months
$34 k
at the published price for each month
Months reported
401
no gaps in the span
Streams
2
oil, casinghead 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 154 leases and 2,716 wells, and the rule below applies to all of them.

Discovered
1926-12-31
as the register files it
Field class
Oil
the register's own label
Between wells
400 ft
minimum
From a lease line
200 ft
minimum

A drilling unit in this field needs at least 5 acres. The field rule took effect on 2008-07-29.

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: DKT 08-0257306 APPROVED 07/29/2008 - UPDATE SPACING TO 200/400FT

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
OilDisposition27,670 bbl$1,323,519
Casinghead gasProduction381 Mcf$1,346
Total$1,324,865

21 Mcf of this lease's gas, across 21 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 (4)

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 32.2719, -101.1288. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.4 miles.

32.27166, -101.12813 · 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
50.0%
2 of 4 wells
With a plug date
25.0%
1 of 4 wells
Median depth
3,300 ft
3 wells filed one
Completion to plug
no well filed both dates

What the state filed about each well

On the RRC proration schedule
250.0%
A plug date is filed
125.0%
BothOn the schedule and plugged. Neither fact cancels the other.
125.0%
NeitherNo plug date, and not on the schedule.
250.0%

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

Between 3,228 and 3,355 ft, median 3,300 ft, over the 3 wells that filed a depth.

Completions filed
Jul 1974 – Dec 1985
2 of 4 wells; 2 filed none
Plug dates filed
Dec 1985
1 of 4 wells; 3 filed none

4 wells

42-335006522Yes
42-3351004513,228 ftDec 1985Yes
42-3351036543,355 ftDec 1985
42-3353033733,300 ftJul 1974

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 (401)

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

401 months

May 2026340106.413.05$3,618
Apr 202671098.932.87$7,024
Mar 202630089.753.15$2,693
Feb 202623063.503.75$1,461
Jan 202620059.138.00$1,183
Dec 202552056.664.41$2,946
Nov 202535058.593.93$2,051
Oct 202535059.383.30$2,078
Sep 202571062.743.08$4,455
Aug 202534063.933.01$2,174
Jul 202533066.743.32$2,202
Jun 202533066.483.13$2,194
May 202575060.553.23$4,541
Apr 202537062.363.54$2,307
Mar 202579067.704.27$5,348
Feb 202538070.884.34$2,693
Jan 202534074.324.28$2,527
Dec 202474068.993.12$5,105
Nov 202437069.052.20$2,555
Oct 202436071.372.28$2,569
Sep 202467069.612.36$4,664
Aug 202439075.632.06$2,950
Jul 202446079.932.15$3,677
Jun 202438078.082.63$2,967
May 202469078.812.20$5,438
Apr 202448084.451.66$4,054
Mar 202440080.301.55$3,212
Feb 202457076.091.78$4,337
Jan 202432073.023.30$2,337
Dec 202330071.262.61$2,138
Nov 202334077.892.81$2,648
Oct 202374085.443.09$6,323
Sep 202340089.042.74$3,562
Aug 202342080.522.67$3,382
Jul 202370074.852.64$5,240
Jun 202339068.962.26$2,689
May 202340070.622.23$2,825
Apr 202364078.122.24$5,000
Mar 202339072.852.39$2,841
Feb 202375075.112.47$5,633
Jan 202340076.533.39$3,061
Dec 202254076.415.73$4,126
Nov 202275085.005.65$6,375
Oct 202236087.185.86$3,138
Sep 202225084.888.16$2,122
Aug 202240094.529.13$3,781
Jul 2022390101.587.54$3,962
Jun 2022730115.097.98$8,402
May 2022340109.378.43$3,719
Apr 2022380104.226.84$3,960
Mar 2022430108.885.08$4,682
Feb 202242091.054.86$3,824
Jan 202239081.844.54$3,192
Dec 202172071.323.90$5,135
Nov 202136077.435.24$2,787
Oct 202140079.795.71$3,192
Sep 202138069.865.35$2,655
Aug 202180066.024.22$5,282
Jul 20210070.783.98$0
Jun 202156069.493.38$3,891
May 202145063.483.02$2,857
Apr 202162060.362.76$3,742
Mar 20210061.302.72$0
Feb 202138057.805.55$2,196
Jan 202143050.412.81$2,168
Dec 202048044.642.68$2,143
Nov 202052038.772.71$2,016
Oct 202047036.972.48$1,738
Sep 202045037.091.99$1,669
Aug 202041039.982.39$1,639
Jul 2020121038.371.83$4,643
Jun 202048034.901.69$1,675
May 202033016.921.81$558
Apr 2020141014.751.80$2,080
Mar 202041030.341.86$1,244
Feb 202038049.881.98$1,895
Jan 202097057.252.09$5,553
Dec 201933059.012.30$1,947
Nov 201952055.302.75$2,876
Oct 201926053.472.42$1,390
Sep 201950055.052.66$2,753
Aug 20190053.112.30$0
Jul 201959056.272.46$3,320
Jun 201933052.782.49$1,742
May 201969058.482.74$4,035
Apr 201934062.632.75$2,129
Mar 201932056.803.06$1,818
Feb 201921050.852.79$1,068
Jan 201965046.033.23$2,992
Dec 201835046.594.19$1,631
Nov 201868052.934.24$3,599
Oct 201836061.443.40$2,212
Sep 201864059.543.11$3,811
Aug 201858059.403.07$3,445
Jul 201875065.142.93$4,886
Jun 201838060.183.08$2,287
May 201840065.382.90$2,615
Apr 201882063.842.90$5,235
Mar 201840061.222.79$2,449
Feb 201877061.782.77$4,757
Jan 201841062.874.01$2,578
Dec 201745057.272.92$2,577
Nov 2017108055.423.12$5,985
Oct 201734049.292.98$1,676
Sep 201739047.523.09$1,853
Aug 201774045.373.00$3,357
Jul 201773043.873.09$3,203
Jun 201753042.493.09$2,252
May 201753045.373.26$2,405
Apr 201727047.933.21$1,294
Mar 201799046.772.98$4,630
Feb 201731050.452.95$1,564
Jan 201768049.413.42$3,360
Dec 201635048.763.72$1,707
Nov 201639042.492.64$1,657
Oct 201690046.193.09$4,157
Sep 201629041.553.10$1,205
Aug 201678041.442.92$3,232
Jul 201641041.622.92$1,706
Jun 201676045.352.69$3,447
May 201668042.521.99$2,891
Apr 201634036.561.99$1,243
Mar 2016117033.011.79$3,862
Feb 201634026.472.06$900
Jan 201675027.352.36$2,051
Dec 201556032.362.00$1,812
Nov 201555038.792.17$2,133
Oct 201574043.552.43$3,223
Sep 201538042.992.76$1,634
Aug 201562040.162.87$2,490
Jul 201548048.152.95$2,311
Jun 201524056.152.88$1,348
May 201551055.212.96$2,816
Apr 201558049.822.71$2,890
Mar 201521042.892.93$901
Feb 201557044.662.98$2,546
Jan 201587043.433.10$3,778
Dec 201472054.693.59$3,938
Nov 201469070.464.25$4,862
Oct 201476078.303.90$5,951
Sep 201439086.164.05$3,360
Aug 201481089.394.04$7,241
Jul 201488096.564.18$8,497
Jun 201420098.164.74$1,963
May 2014112094.734.73$10,610
Apr 201429095.944.81$2,782
Mar 20140095.895.06$0
Feb 2014144097.406.19$14,026
Jan 201477090.404.86$6,961
Dec 201376091.824.35$6,978
Nov 201375088.853.74$6,664
Oct 201372097.423.78$7,014
Sep 2013670104.113.72$6,975
Aug 2013640104.253.52$6,672
Jul 2013580102.523.72$5,946
Jun 201384094.403.93$7,930
May 201361094.834.15$5,785
Apr 201381093.964.28$7,611
Mar 201391093.623.91$8,519
Feb 201370091.233.42$6,386
Jan 2013116091.603.42$10,626
Dec 201278086.773.42$6,768
Nov 201279086.953.62$6,869
Oct 201277089.383.40$6,882
Sep 201292094.672.92$8,710
Aug 201269092.662.91$6,394
Jul 201275085.133.02$6,385
Jun 201266079.822.52$5,268
May 201276091.612.49$6,962
Apr 2012790101.652.00$8,030
Mar 20121450105.052.22$15,232
Feb 2012810101.102.57$8,189
Jan 201258098.092.73$5,689
Dec 2011112096.873.24$10,849
Nov 201180095.723.31$7,658
Oct 201187084.983.65$7,393
Sep 2011101083.623.99$8,446
Aug 201180083.404.15$6,672
Jul 201180094.144.52$7,531
Jun 201159092.904.64$5,481
May 201181098.134.40$7,949
Apr 2011800105.964.33$8,477
Mar 2011161196.364.06$15,518
Feb 201180185.644.18$6,855
Jan 201180186.504.59$6,925
Dec 201098185.734.35$8,406
Nov 201059180.843.80$4,773
Oct 201060178.103.51$4,690
Sep 201059172.633.98$4,289
Aug 201059173.684.42$4,352
Jul 201059172.554.74$4,285
Jun 201059170.364.91$4,156
May 201068171.124.24$4,840
Apr 201066181.694.12$5,396
Mar 201054178.394.39$4,237
Feb 2010135173.585.44$9,939
Jan 20100174.365.96$6
Dec 200964171.445.48$4,578
Nov 2009134174.593.75$9,999
Oct 20090172.544.11$4
Sep 2009124165.543.06$8,130
Aug 200966167.423.22$4,453
Jul 200967161.133.46$4,099
Jun 200967166.163.90$4,437
May 200960154.743.93$3,288
Apr 200967146.773.59$3,137
Mar 200963142.144.06$2,659
Feb 200968132.814.63$2,236
Jan 200967135.865.37$2,408
Dec 200868137.105.98$2,529
Nov 200867155.496.86$3,725
Oct 200867175.246.92$5,048
Sep 20081331101.767.88$13,542
Aug 2008591114.228.48$6,747
Jul 200801131.0811.39$11
Jun 2008591131.3313.03$7,762
May 20081061123.1711.57$13,068
Apr 200801110.3110.45$10
Mar 2008971101.909.66$9,894
Feb 200849192.538.77$4,543
Jan 200844190.388.21$3,985
Dec 200755188.337.30$4,865
Nov 200759191.677.29$5,416
Oct 200760182.856.92$4,978
Sep 200759175.846.24$4,481
Aug 200759169.066.39$4,081
Jul 200763170.906.39$4,473
Jun 200767162.007.55$4,162
May 200767158.747.85$3,943
Apr 200767159.617.81$4,002
Mar 200767156.927.30$3,821
Feb 20070155.108.22$8
Jan 200761150.306.73$3,075
Dec 200660156.656.92$3,406
Nov 200667154.207.62$3,639
Oct 200667154.906.01$3,684
Sep 200659160.085.04$3,550
Aug 200659168.717.34$4,061
Jul 200659169.376.34$4,099
Jun 200667166.286.38$4,447
May 200666166.016.42$4,363
Apr 200660164.397.36$3,871
Mar 200660156.707.08$3,409
Feb 200667157.597.75$3,866
Jan 20060160.598.93$9
Dec 200599154.9413.42$5,452
Nov 200559154.6910.59$3,237
Oct 20050158.3413.80$14
Sep 2005147161.4512.08$9,045
Aug 20050161.519.80$10
Jul 200571155.697.84$3,962
Jun 200580152.337.38$4,194
May 2005137145.226.65$6,202
Apr 200577149.207.36$3,796
Mar 200558150.377.15$2,929
Feb 200568145.226.31$3,081
Jan 200533143.166.32$1,431
Dec 200452139.866.75$2,079
Nov 200454145.286.33$2,451
Oct 200453149.706.52$2,641
Sep 200459143.245.28$2,556
Aug 200459142.375.55$2,505
Jul 200466138.286.08$2,533
Jun 200448136.106.43$1,739
May 200459137.486.49$2,218
Apr 200459134.475.86$2,040
Mar 200460134.365.53$2,067
Feb 200456132.455.51$1,823
Jan 2004101132.036.30$3,241
Dec 200358130.266.30$1,761
Nov 200359128.804.60$1,704
Oct 200360128.174.76$1,695
Sep 200348126.314.75$1,268
Aug 200354129.765.13$1,612
Jul 2003106129.415.17$3,123
Jun 200348128.565.98$1,377
May 200349126.595.97$1,309
Apr 200360126.675.41$1,606
Mar 200360131.146.10$1,875
Feb 200360133.487.93$2,017
Jan 200375130.315.58$2,279
Dec 200274126.914.85$1,996
Nov 200260124.664.14$1,484
Oct 200267126.464.23$1,777
Sep 200273127.443.64$2,007
Aug 2002130125.963.16$3,378
Jul 200272124.583.06$1,773
Jun 200270123.733.34$1,664
May 200258124.663.58$1,434
Apr 200245123.653.51$1,068
Mar 2002106122.003.10$2,335
Feb 200266118.222.38$1,205
Jan 200255117.172.38$947
Dec 2001120116.932.36$2,034
Nov 200180118.072.41$1,448
Oct 200141119.782.53$814
Sep 200150124.262.25$1,215
Aug 200167124.873.05$1,669
Jul 200160123.933.20$1,439
Jun 200194124.563.82$2,312
May 200145125.524.31$1,153
Apr 200152124.685.34$1,289
Mar 2001102124.545.38$2,508
Feb 200167127.755.77$1,865
Jan 200157127.478.40$1,574
Dec 2000120126.889.12$3,235
Nov 200051132.215.66$1,648
Oct 200057131.235.15$1,785
Sep 200079131.875.19$2,523
Aug 200065129.644.54$1,931
Jul 2000112128.534.09$3,199
Jun 200065129.304.40$1,909
May 200056127.263.68$1,530
Apr 200098124.513.12$2,405
Mar 2000103128.422.86$2,930
Feb 200057127.622.73$1,577
Jan 200047125.272.48$1,190
Dec 1999104024.282.42$2,525
Nov 199998023.192.43$2,273
Oct 199942020.982.80$881
Sep 199976021.752.62$1,653
Aug 199956019.262.88$1,079
Jul 1999111017.892.37$1,986
Jun 1999111015.942.36$1,769
May 199984015.792.32$1,326
Apr 199945015.102.21$680
Mar 199980012.471.84$998
Feb 19993909.981.82$389
Jan 199977010.381.90$799
Dec 19984109.201.77$377
Nov 199884010.892.19$915
Oct 199884012.421.97$1,043
Sep 199891012.592.08$1,146
Aug 1998101011.301.91$1,141
Jul 1998138011.742.24$1,620
Jun 1998125011.242.24$1,405
May 199889012.622.21$1,123
Apr 1998127013.042.51$1,656
Mar 199855012.802.31$704
Feb 199897913.952.30$1,374
Jan 199853814.702.15$796
Dec 199778516.322.41$1,285
Nov 199781818.193.09$1,498
Oct 19971001319.253.15$1,966
Sep 1997881117.742.95$1,594
Aug 1997849017.862.55$1,730
Jul 19971075917.582.25$2,014
Jun 1997832217.242.26$1,481
May 199755018.972.31$1,043
Apr 199769017.882.08$1,234
Mar 199787018.951.94$1,649
Feb 199763020.492.21$1,291
Jan 1997122023.483.54$2,865
Dec 199692023.32$2,145
Nov 1996184021.97$4,042
Oct 199692023.31$2,145
Sep 199662022.22$1,378
Aug 199694020.26$1,904
Jul 199663019.55$1,232
Jun 199692018.73$1,723
May 199660019.43$1,166
Apr 1996212021.51$4,560
Mar 19960019.38$0
Feb 1996173016.98$2,938
Jan 1996166017.07$2,834
Dec 19950017.19$0
Nov 1995179016.00$2,864
Oct 19950015.43$0
Sep 1995172016.18$2,783
Aug 19950015.92$0
Jul 1995156015.24$2,377
Jun 1995172016.41$2,823
May 19950017.56$0
Apr 1995166017.73$2,943
Mar 1995175016.44$2,877
Feb 19950016.58$0
Jan 1995170015.92$2,706
Dec 19940015.03$0
Nov 1994192015.90$3,053
Oct 19940015.58$0
Sep 1994167115.29$2,553
Aug 1994161116.13$2,597
Jul 1994168117.56$2,950
Jun 19940117.09$0
May 1994171115.88$2,715
Apr 1994174114.14$2,460
Mar 19940112.46$0
Feb 1994169112.50$2,113
Jan 1994174112.66$2,203
Dec 199315112.33$185
Nov 1993175114.49$2,536
Oct 1993169115.85$2,679
Sep 19930115.03$0
Aug 1993172115.66$2,694
Jul 1993239115.46$3,695
Jun 19930116.79$0
May 1993171117.68$3,023
Apr 1993173118.05$3,123
Mar 1993182118.14$3,301
Feb 19930117.90$0
Jan 1993172116.93$2,912

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
Oil                   34 bbl  × $106.41 =     $3,618
Casinghead gas         0 Mcf  × $  3.05 =         $0

────────────────────────────────────────────────────
Month total                                   $3,618

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/O/12451 is the state's own key, not one this site invented.