WATSON, W. W. -D-

Operated by EXTEX OPERATING COMPANY (P-5 257062) 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 18763District 08Field 44148500Hydrogen sulphide fieldOilCasinghead gasSaveExport
Value, all time
$1.5 M
Jan 1993 – May 2026
Value, last 12 filed months
$41 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
OilDisposition30,271 bbl$1,468,617
Casinghead gasProduction697 Mcf$0
Total$1,468,617

697 Mcf of this lease's gas, across 36 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 32.2635, -101.1398. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.2 miles.

32.26330, -101.13979 · 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
75.0%
3 of 4 wells
With a plug date
25.0%
1 of 4 wells
Median depth
3,250 ft
2 wells filed one
Completion to plug
36.1 years
median over 1 well

What the state filed about each well

On the RRC proration schedule
375.0%
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.
125.0%

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 3,250 and 3,250 ft, median 3,250 ft, over the 2 wells that filed a depth.

Completions filed
Jul 1973 – Nov 1989
2 of 4 wells; 2 filed none
Plug dates filed
Aug 2009
1 of 4 wells; 3 filed none

Last completion to plug: a median of 36.1 years across the 1 well that filed both dates, with the middle half between 36.1 years and 36.1 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

4 wells

42-335803001Yes
42-335803012Yes
42-3353347843,250 ftNov 1989
42-3353021833,250 ftJul 1973Aug 2009Yes

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 2026510106.413.05$5,427
Apr 202638098.932.87$3,759
Mar 202670089.753.15$6,283
Feb 202635063.503.75$2,223
Jan 202658059.138.00$3,430
Dec 202524056.664.41$1,360
Nov 202547058.593.93$2,754
Oct 202548059.383.30$2,850
Sep 202547062.743.08$2,949
Aug 202558063.933.01$3,708
Jul 202547066.743.32$3,137
Jun 202547066.483.13$3,125
May 202557060.553.23$3,451
Apr 202567062.363.54$4,178
Mar 202551067.704.27$3,453
Feb 202533070.884.34$2,339
Jan 202578074.324.28$5,797
Dec 202445068.993.12$3,105
Nov 202457069.052.20$3,936
Oct 202456071.372.28$3,997
Sep 202456069.612.36$3,898
Aug 202482075.632.06$6,202
Jul 202451079.932.15$4,076
Jun 202465078.082.63$5,075
May 202465078.812.20$5,123
Apr 202453084.451.66$4,476
Mar 202449080.301.55$3,935
Feb 202467076.091.78$5,098
Jan 202442073.023.30$3,067
Dec 202351071.262.61$3,634
Nov 202350077.892.81$3,895
Oct 202369085.443.09$5,895
Sep 202350089.042.74$4,452
Aug 202370080.522.67$5,636
Jul 202363074.852.64$4,716
Jun 202390068.962.26$6,206
May 202389070.622.23$6,285
Apr 2023112078.122.24$8,749
Mar 202368072.852.39$4,954
Feb 202341075.112.47$3,080
Jan 202337076.533.39$2,832
Dec 202252076.415.73$3,973
Nov 2022132085.005.65$11,220
Oct 202265087.185.86$5,667
Sep 202249084.888.16$4,159
Aug 202250094.529.13$4,726
Jul 2022470101.587.54$4,774
Jun 2022900115.097.98$10,358
May 2022670109.378.43$7,328
Apr 20221130104.226.84$11,777
Mar 2022540108.885.08$5,880
Feb 202255091.054.86$5,008
Jan 202253081.844.54$4,338
Dec 202171071.323.90$5,064
Nov 202179077.435.24$6,117
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 202110060.362.76$604
Mar 20210061.302.72$0
Feb 20210057.805.55$0
Jan 20210050.412.81$0
Dec 20201044.642.68$45
Nov 202034038.772.71$1,318
Oct 202071036.972.48$2,625
Sep 202038037.091.99$1,409
Aug 202063039.982.39$2,519
Jul 2020130038.371.83$4,988
Jun 202078034.901.69$2,722
May 202083016.921.81$1,404
Apr 202066014.751.80$974
Mar 202062030.341.86$1,881
Feb 202081049.881.98$4,040
Jan 202096057.252.09$5,496
Dec 201966059.012.30$3,895
Nov 201984055.302.75$4,645
Oct 2019110053.472.42$5,882
Sep 2019101055.052.66$5,560
Aug 201996053.112.30$5,099
Jul 201997056.272.46$5,458
Jun 201953052.782.49$2,797
May 2019127058.482.74$7,427
Apr 201974062.632.75$4,635
Mar 201993056.803.06$5,282
Feb 2019107050.852.79$5,441
Jan 2019100046.033.23$4,603
Dec 201841046.594.19$1,910
Nov 201891052.934.24$4,817
Oct 201883061.443.40$5,100
Sep 201893059.543.11$5,537
Aug 201887059.403.07$5,168
Jul 201869065.142.93$4,495
Jun 201864060.183.08$3,852
May 201855065.382.90$3,596
Apr 2018100063.842.90$6,384
Mar 201892061.222.79$5,632
Feb 201871061.782.77$4,386
Jan 2018100062.874.01$6,287
Dec 2017107057.272.92$6,128
Nov 201771055.423.12$3,935
Oct 2017122049.292.98$6,013
Sep 201787047.523.09$4,134
Aug 201788045.373.00$3,993
Jul 201782043.873.09$3,597
Jun 2017101042.493.09$4,291
May 201797045.373.26$4,401
Apr 2017110047.933.21$5,272
Mar 201794046.772.98$4,396
Feb 201791050.452.95$4,591
Jan 201788049.413.42$4,348
Dec 201696048.763.72$4,681
Nov 201681042.492.64$3,442
Oct 201686046.193.09$3,972
Sep 201680041.553.10$3,324
Aug 201694041.442.92$3,895
Jul 201681041.622.92$3,371
Jun 201688045.352.69$3,991
May 2016102042.521.99$4,337
Apr 2016109036.561.99$3,985
Mar 2016142033.011.79$4,687
Feb 2016106026.472.06$2,806
Jan 201684027.352.36$2,297
Dec 2015111032.362.00$3,592
Nov 201598038.792.17$3,801
Oct 2015106043.552.43$4,616
Sep 2015112042.992.76$4,815
Aug 2015133040.162.87$5,341
Jul 2015114048.152.95$5,489
Jun 2015181056.152.88$10,163
May 2015188055.212.96$10,379
Apr 201597049.822.71$4,833
Mar 201535042.892.93$1,501
Feb 201568044.662.98$3,037
Jan 201548043.433.10$2,085
Dec 201475054.693.59$4,102
Nov 201461070.464.25$4,298
Oct 201459078.303.90$4,620
Sep 201468086.164.05$5,859
Aug 201439089.394.04$3,486
Jul 201452096.564.18$5,021
Jun 201461098.164.74$5,988
May 201454094.734.73$5,115
Apr 201446095.944.81$4,413
Mar 201447095.895.06$4,507
Feb 201444097.406.19$4,286
Jan 201451090.404.86$4,610
Dec 201363091.824.35$5,785
Nov 201339088.853.74$3,465
Oct 201358097.423.78$5,650
Sep 2013490104.113.72$5,101
Aug 2013640104.253.52$6,672
Jul 2013600102.523.72$6,151
Jun 201355094.403.93$5,192
May 201351094.834.15$4,836
Apr 201345093.964.28$4,228
Mar 201347093.623.91$4,400
Feb 201341091.233.42$3,740
Jan 201346091.603.42$4,214
Dec 201250086.773.42$4,339
Nov 201250086.953.62$4,348
Oct 201242089.383.40$3,754
Sep 201241094.672.92$3,881
Aug 201237092.662.91$3,428
Jul 201248085.133.02$4,086
Jun 201245079.822.52$3,592
May 201257091.612.49$5,222
Apr 2012530101.652.00$5,387
Mar 2012520105.052.22$5,463
Feb 2012670101.102.57$6,774
Jan 201274098.092.73$7,259
Dec 201167096.873.24$6,490
Nov 201164095.723.31$6,126
Oct 201158084.983.65$4,929
Sep 201148083.623.99$4,014
Aug 201156083.404.15$4,670
Jul 201156094.144.52$5,272
Jun 201155092.904.64$5,110
May 201143098.134.40$4,220
Apr 2011510105.964.33$5,404
Mar 201160096.364.06$5,782
Feb 201158085.644.18$4,967
Jan 201178086.504.59$6,747
Dec 201070085.734.35$6,001
Nov 201071080.843.80$5,740
Oct 201068078.103.51$5,311
Sep 201073072.633.98$5,302
Aug 201067073.684.42$4,937
Jul 2010103072.554.74$7,473
Jun 201064070.364.91$4,503
May 201073071.124.24$5,192
Apr 201088081.694.12$7,189
Mar 2010104078.394.39$8,153
Feb 201084073.585.44$6,181
Jan 2010100074.365.96$7,436
Dec 2009107071.445.48$7,644
Nov 2009108074.593.75$8,056
Oct 200990072.544.11$6,529
Sep 200965065.543.06$4,260
Aug 200962067.423.22$4,180
Jul 200964061.133.46$3,912
Jun 200977066.163.90$5,094
May 200951054.743.93$2,792
Apr 200949046.773.59$2,292
Mar 200958042.144.06$2,444
Feb 200970032.814.63$2,297
Jan 200962035.865.37$2,223
Dec 2008120037.105.98$4,452
Nov 2008105055.496.86$5,826
Oct 2008119075.246.92$8,954
Sep 20081070101.767.88$10,888
Aug 20081090114.228.48$12,450
Jul 20081500131.0811.39$19,662
Jun 2008740131.3313.03$9,718
May 2008850123.1711.57$10,469
Apr 2008880110.3110.45$9,707
Mar 2008870101.909.66$8,865
Feb 200871092.538.77$6,570
Jan 200882090.388.21$7,411
Dec 200789088.337.30$7,861
Nov 200771091.677.29$6,509
Oct 200770082.856.92$5,800
Sep 200771075.846.24$5,385
Aug 200769069.066.39$4,765
Jul 200766070.906.39$4,679
Jun 200769062.007.55$4,278
May 200781058.747.85$4,758
Apr 200776059.617.81$4,530
Mar 200785056.927.30$4,838
Feb 200759055.108.22$3,251
Jan 200753050.306.73$2,666
Dec 200672056.656.92$4,079
Nov 200673054.207.62$3,957
Oct 200674054.906.01$4,063
Sep 200675060.085.04$4,506
Aug 200669068.717.34$4,741
Jul 200683069.376.34$5,758
Jun 200684066.286.38$5,568
May 200681066.016.42$5,347
Apr 200675064.397.36$4,829
Mar 200684056.707.08$4,763
Feb 200678057.597.75$4,492
Jan 200687060.598.93$5,271
Dec 200588054.9413.42$4,835
Nov 200579054.6910.59$4,321
Oct 200587058.3413.80$5,076
Sep 200582061.4512.08$5,039
Aug 200590061.519.80$5,536
Jul 200587055.697.84$4,845
Jun 200585052.337.38$4,448
May 200590045.226.65$4,070
Apr 200581049.207.36$3,985
Mar 200595050.377.15$4,785
Feb 200593045.226.31$4,205
Jan 2005100043.166.32$4,316
Dec 2004107039.866.75$4,265
Nov 2004114045.286.33$5,162
Oct 200486049.706.52$4,274
Sep 200481043.245.28$3,502
Aug 200481042.375.55$3,432
Jul 200479038.286.08$3,024
Jun 200478036.106.43$2,816
May 200482037.486.49$3,073
Apr 200484034.475.86$2,895
Mar 200483034.365.53$2,852
Feb 200484032.455.51$2,726
Jan 200491032.036.30$2,915
Dec 200395030.266.30$2,875
Nov 200374028.804.60$2,131
Oct 200391028.174.76$2,563
Sep 2003100026.314.75$2,631
Aug 200354029.765.13$1,607
Jul 200350029.415.17$1,471
Jun 200343028.565.98$1,228
May 200358026.595.97$1,542
Apr 200349026.675.41$1,307
Mar 200356031.146.10$1,744
Feb 200356033.487.93$1,875
Jan 200364030.315.58$1,940
Dec 200258026.914.85$1,561
Nov 200267024.664.14$1,652
Oct 200253026.464.23$1,402
Sep 200259027.443.64$1,619
Aug 200266025.963.16$1,713
Jul 200244024.583.06$1,082
Jun 200242023.733.34$997
May 200243024.663.58$1,060
Apr 200244023.653.51$1,041
Mar 200248022.003.10$1,056
Feb 200241018.222.38$747
Jan 200265017.172.38$1,116
Dec 200174016.932.36$1,253
Nov 200155018.072.41$994
Oct 2001159019.782.53$3,145
Sep 20010024.262.25$0
Aug 2001107024.873.05$2,661
Jul 20010023.933.20$0
Jun 200184024.563.82$2,063
May 20010025.524.31$0
Apr 2001154024.685.34$3,801
Mar 20010024.545.38$0
Feb 2001133027.755.77$3,691
Jan 20010027.478.40$0
Dec 20000026.889.12$0
Nov 2000162032.215.66$5,218
Oct 20000031.235.15$0
Sep 20000031.875.19$0
Aug 2000161029.644.54$4,772
Jul 20000028.534.09$0
Jun 20000029.304.40$0
May 2000104027.263.68$2,835
Apr 20000024.513.12$0
Mar 2000114028.422.86$3,240
Feb 20000027.622.73$0
Jan 2000124025.272.48$3,133
Dec 19990024.282.42$0
Nov 199982023.192.43$1,902
Oct 19990020.982.80$0
Sep 1999116021.752.62$2,523
Aug 19990019.262.88$0
Jul 199985017.892.37$1,521
Jun 19990015.942.36$0
May 1999123015.792.32$1,942
Apr 19990015.102.21$0
Mar 1999104012.471.84$1,297
Feb 19995409.981.82$539
Jan 1999117010.381.90$1,214
Dec 1998009.201.77$0
Nov 1998137010.892.19$1,492
Oct 19980012.421.97$0
Sep 1998103012.592.08$1,297
Aug 19980011.301.91$0
Jul 1998125011.742.24$1,468
Jun 19980011.242.24$0
May 1998137012.622.21$1,729
Apr 19980013.042.51$0
Mar 1998129012.802.31$1,651
Feb 19980013.952.30$0
Jan 1998128014.702.15$1,882
Dec 19970016.322.41$0
Nov 1997122018.193.09$2,219
Oct 19970019.253.15$0
Sep 1997140017.742.95$2,484
Aug 19970017.862.55$0
Jul 1997139017.582.25$2,444
Jun 19970017.242.26$0
May 1997149018.972.31$2,827
Apr 19970017.882.08$0
Mar 1997149018.951.94$2,824
Feb 19970020.492.21$0
Jan 1997165023.483.54$3,874
Dec 19960023.32$0
Nov 1996170021.97$3,735
Oct 19960023.31$0
Sep 1996156022.22$3,466
Aug 19960020.26$0
Jul 19960019.55$0
Jun 1996160018.73$2,997
May 19960019.43$0
Apr 1996131021.51$2,818
Mar 19960019.38$0
Feb 1996128016.98$2,173
Jan 1996163017.07$2,782
Dec 1995121217.19$2,080
Nov 1995183216.00$2,928
Oct 1995179215.43$2,762
Sep 19950216.18$0
Aug 1995181215.92$2,882
Jul 1995181215.24$2,758
Jun 1995181216.41$2,970
May 19950217.56$0
Apr 1995146217.73$2,589
Mar 1995174216.44$2,861
Feb 19950216.58$0
Jan 1995182215.92$2,897
Dec 1994153215.03$2,300
Nov 1994173215.90$2,751
Oct 199403115.58$0
Sep 19941483015.29$2,263
Aug 19941803116.13$2,903
Jul 19941763117.56$3,091
Jun 1994973017.09$1,658
May 19941803115.88$2,858
Apr 19941243014.14$1,753
Mar 19941643112.46$2,043
Feb 19941362812.50$1,700
Jan 19941523112.66$1,924
Dec 19931523112.33$1,874
Nov 19931823014.49$2,637
Oct 19931583115.85$2,504
Sep 199303015.03$0
Aug 19931813115.66$2,834
Jul 19931783115.46$2,752
Jun 19931543016.79$2,586
May 19931813117.68$3,200
Apr 19931813018.05$3,267
Mar 19931813118.14$3,283
Feb 19931822817.90$3,258
Jan 199303116.93$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.

May 2026 — as filed, then multipliedworked
Oil                   51 bbl  × $106.41 =     $5,427
Casinghead gas         0 Mcf  × $  3.05 =         $0

────────────────────────────────────────────────────
Month total                                   $5,427

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/18763 is the state's own key, not one this site invented.