WATSON, J. E.

Name: WATSON, J. E. lease production and value, Jan 1993 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

Operated by ANADARKO E&P COMPANY LP (P-5 20542) in the CONGER, SW (PENN) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 25670District 08Field 20101500NGPA filingOilCasinghead gasSave Export

Value, all time

$286 k

Jan 1993 – Mar 2008

Value, last 12 filed months

at the published price for each month

Months reported

183

no gaps in the span

Streams

oil, casinghead gas

The CONGER, SW (PENN) field

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..”

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.

Programme	Filings	With an approval date	Dated	Docket
NGPA	4	none	—	—

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.

Stream	Basis	Volume	Value
Oil	Disposition	3,779 bbl	$66,590
Casinghead gas	Production	238,666 Mcf	$218,944
Total			$285,534

163,203 Mcf of this lease's gas, across 45 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 (5)

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 31.6815, -101.2640. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.9 miles.

31.68034, -101.26452 · centre of the wells drawn, derived⌘ or Ctrl + scroll to zoom

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%

5 of 5 wells

With a plug date

0.0%

0 of 5 wells

Median depth

8,500 ft

5 wells filed one

Completion to plug

—

no well filed both dates

What the state filed about each well

On the RRC proration schedule

5100.0%

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

Between 8,500 and 8,623 ft, median 8,500 ft, over the 5 wells that filed a depth.

Completions filed

Jul 1980 – Nov 2014

5 of 5 wells

5 wells


42-43131072	3	8,503 ft	Nov 2014	—	Yes
42-17330973	1	8,623 ft	Sep 2011	—	Yes
42-43131101	4	8,500 ft	Aug 2010	—	Yes
42-43132804	5	8,500 ft	Feb 2001	—	Yes
42-43130892	2	8,500 ft	Jul 1980	—	Yes

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 (183)

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

183 months


Mar 2008	0	0	101.90	9.66	$0
Feb 2008	0	0	92.53	8.77	$0
Jan 2008	0	0	90.38	8.21	$0
Dec 2007	0	0	88.33	7.30	$0
Nov 2007	0	0	91.67	7.29	$0
Oct 2007	0	0	82.85	6.92	$0
Sep 2007	0	0	75.84	6.24	$0
Aug 2007	0	0	69.06	6.39	$0
Jul 2007	0	0	70.90	6.39	$0
Jun 2007	0	0	62.00	7.55	$0
May 2007	0	0	58.74	7.85	$0
Apr 2007	0	0	59.61	7.81	$0
Mar 2007	0	0	56.92	7.30	$0
Feb 2007	0	0	55.10	8.22	$0
Jan 2007	0	0	50.30	6.73	$0
Dec 2006	0	0	56.65	6.92	$0
Nov 2006	0	0	54.20	7.62	$0
Oct 2006	0	0	54.90	6.01	$0
Sep 2006	0	0	60.08	5.04	$0
Aug 2006	0	0	68.71	7.34	$0
Jul 2006	0	0	69.37	6.34	$0
Jun 2006	0	0	66.28	6.38	$0
May 2006	0	0	66.01	6.42	$0
Apr 2006	0	0	64.39	7.36	$0
Mar 2006	0	0	56.70	7.08	$0
Feb 2006	0	0	57.59	7.75	$0
Jan 2006	0	0	60.59	8.93	$0
Dec 2005	0	0	54.94	13.42	$0
Nov 2005	0	0	54.69	10.59	$0
Oct 2005	0	0	58.34	13.80	$0
Sep 2005	0	0	61.45	12.08	$0
Aug 2005	0	0	61.51	9.80	$0
Jul 2005	0	0	55.69	7.84	$0
Jun 2005	0	0	52.33	7.38	$0
May 2005	0	0	45.22	6.65	$0
Apr 2005	0	0	49.20	7.36	$0
Mar 2005	0	0	50.37	7.15	$0
Feb 2005	0	0	45.22	6.31	$0
Jan 2005	0	0	43.16	6.32	$0
Dec 2004	0	0	39.86	6.75	$0
Nov 2004	0	0	45.28	6.33	$0
Oct 2004	0	0	49.70	6.52	$0
Sep 2004	0	0	43.24	5.28	$0
Aug 2004	0	0	42.37	5.55	$0
Jul 2004	0	0	38.28	6.08	$0
Jun 2004	0	0	36.10	6.43	$0
May 2004	0	0	37.48	6.49	$0
Apr 2004	0	0	34.47	5.86	$0
Mar 2004	0	0	34.36	5.53	$0
Feb 2004	0	0	32.45	5.51	$0
Jan 2004	0	0	32.03	6.30	$0
Dec 2003	0	0	30.26	6.30	$0
Nov 2003	0	0	28.80	4.60	$0
Oct 2003	0	0	28.17	4.76	$0
Sep 2003	0	0	26.31	4.75	$0
Aug 2003	0	0	29.76	5.13	$0
Jul 2003	0	0	29.41	5.17	$0
Jun 2003	0	0	28.56	5.98	$0
May 2003	0	0	26.59	5.97	$0
Apr 2003	0	0	26.67	5.41	$0
Mar 2003	0	0	31.14	6.10	$0
Feb 2003	0	0	33.48	7.93	$0
Jan 2003	0	0	30.31	5.58	$0
Dec 2002	0	0	26.91	4.85	$0
Nov 2002	0	0	24.66	4.14	$0
Oct 2002	0	0	26.46	4.23	$0
Sep 2002	0	0	27.44	3.64	$0
Aug 2002	0	0	25.96	3.16	$0
Jul 2002	0	0	24.58	3.06	$0
Jun 2002	0	0	23.73	3.34	$0
May 2002	0	0	24.66	3.58	$0
Apr 2002	0	0	23.65	3.51	$0
Mar 2002	0	0	22.00	3.10	$0
Feb 2002	0	0	18.22	2.38	$0
Jan 2002	0	0	17.17	2.38	$0
Dec 2001	0	0	16.93	2.36	$0
Nov 2001	0	0	18.07	2.41	$0
Oct 2001	0	0	19.78	2.53	$0
Sep 2001	0	0	24.26	2.25	$0
Aug 2001	0	0	24.87	3.05	$0
Jul 2001	0	0	23.93	3.20	$0
Jun 2001	42	0	24.56	3.82	$1,032
May 2001	0	0	25.52	4.31	$0
Apr 2001	0	0	24.68	5.34	$0
Mar 2001	0	0	24.54	5.38	$0
Feb 2001	0	0	27.75	5.77	$0
Jan 2001	22	1,197	27.47	8.40	$10,658
Dec 2000	0	1,187	26.88	9.12	$10,828
Nov 2000	19	1,336	32.21	5.66	$8,171
Oct 2000	0	1,341	31.23	5.15	$6,900
Sep 2000	0	1,506	31.87	5.19	$7,811
Aug 2000	40	1,445	29.64	4.54	$7,747
Jul 2000	0	1,492	28.53	4.09	$6,102
Jun 2000	0	1,233	29.30	4.40	$5,422
May 2000	48	1,132	27.26	3.68	$5,474
Apr 2000	0	1,151	24.51	3.12	$3,587
Mar 2000	0	1,278	28.42	2.86	$3,655
Feb 2000	0	1,201	27.62	2.73	$3,275
Jan 2000	51	1,031	25.27	2.48	$3,846
Dec 1999	0	1,123	24.28	2.42	$2,722
Nov 1999	0	1,102	23.19	2.43	$2,682
Oct 1999	52	1,259	20.98	2.80	$4,621
Sep 1999	0	1,400	21.75	2.62	$3,666
Aug 1999	0	1,486	19.26	2.88	$4,273
Jul 1999	0	1,673	17.89	2.37	$3,969
Jun 1999	0	1,642	15.94	2.36	$3,879
May 1999	58	1,428	15.79	2.32	$4,230
Apr 1999	57	1,288	15.10	2.21	$3,705
Mar 1999	0	1,313	12.47	1.84	$2,414
Feb 1999	0	1,026	9.98	1.82	$1,865
Jan 1999	0	813	10.38	1.90	$1,545
Dec 1998	0	1,084	9.20	1.77	$1,922
Nov 1998	0	1,148	10.89	2.19	$2,509
Oct 1998	78	1,691	12.42	1.97	$4,299
Sep 1998	0	1,872	12.59	2.08	$3,899
Aug 1998	0	1,747	11.30	1.91	$3,332
Jul 1998	93	1,754	11.74	2.24	$5,016
Jun 1998	0	1,749	11.24	2.24	$3,913
May 1998	0	1,763	12.62	2.21	$3,890
Apr 1998	111	1,659	13.04	2.51	$5,604
Mar 1998	0	1,746	12.80	2.31	$4,032
Feb 1998	116	1,681	13.95	2.30	$5,483
Jan 1998	0	1,974	14.70	2.15	$4,254
Dec 1997	120	2,193	16.32	2.41	$7,246
Nov 1997	0	2,343	18.19	3.09	$7,236
Oct 1997	0	1,989	19.25	3.15	$6,265
Sep 1997	0	1,969	17.74	2.95	$5,818
Aug 1997	113	2,043	17.86	2.55	$7,238
Jul 1997	0	2,155	17.58	2.25	$4,842
Jun 1997	0	1,947	17.24	2.26	$4,395
May 1997	123	2,044	18.97	2.31	$7,052
Apr 1997	0	2,407	17.88	2.08	$5,013
Mar 1997	122	2,129	18.95	1.94	$6,440
Feb 1997	0	225	20.49	2.21	$496
Jan 1997	129	2,068	23.48	3.54	$10,349
Dec 1996	0	2,173	23.32	—	$0
Nov 1996	293	1,796	21.97	—	$6,437
Oct 1996	0	2,481	23.31	—	$0
Sep 1996	140	3,772	22.22	—	$3,111
Aug 1996	0	1,569	20.26	—	$0
Jul 1996	113	2,667	19.55	—	$2,209
Jun 1996	0	2,385	18.73	—	$0
May 1996	0	2,543	19.43	—	$0
Apr 1996	0	152	21.51	—	$0
Mar 1996	0	0	19.38	—	$0
Feb 1996	0	0	16.98	—	$0
Jan 1996	63	0	17.07	—	$1,075
Dec 1995	95	1,381	17.19	—	$1,633
Nov 1995	0	1,127	16.00	—	$0
Oct 1995	0	753	15.43	—	$0
Sep 1995	0	796	16.18	—	$0
Aug 1995	36	796	15.92	—	$573
Jul 1995	0	815	15.24	—	$0
Jun 1995	0	760	16.41	—	$0
May 1995	60	816	17.56	—	$1,054
Apr 1995	0	809	17.73	—	$0
Mar 1995	0	557	16.44	—	$0
Feb 1995	0	763	16.58	—	$0
Jan 1995	195	683	15.92	—	$3,104
Dec 1994	0	704	15.03	—	$0
Nov 1994	0	6,146	15.90	—	$0
Oct 1994	193	5,631	15.58	—	$3,007
Sep 1994	0	5,451	15.29	—	$0
Aug 1994	0	4,736	16.13	—	$0
Jul 1994	0	4,412	17.56	—	$0
Jun 1994	0	5,086	17.09	—	$0
May 1994	182	6,401	15.88	—	$2,890
Apr 1994	0	5,344	14.14	—	$0
Mar 1994	0	5,413	12.46	—	$0
Feb 1994	187	4,641	12.50	—	$2,338
Jan 1994	0	4,991	12.66	—	$0
Dec 1993	0	5,674	12.33	—	$0
Nov 1993	197	5,798	14.49	—	$2,855
Oct 1993	0	6,084	15.85	—	$0
Sep 1993	0	6,006	15.03	—	$0
Aug 1993	0	6,200	15.66	—	$0
Jul 1993	175	6,229	15.46	—	$2,706
Jun 1993	178	7,844	16.79	—	$2,989
May 1993	8	6,124	17.68	—	$141
Apr 1993	0	6,105	18.05	—	$0
Mar 1993	184	5,654	18.14	—	$3,338
Feb 1993	0	5,778	17.90	—	$0
Jan 1993	86	7,157	16.93	—	$1,456

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.

Jun 2001 — as filed, then multipliedworked

Oil                   42 bbl  × $ 24.56 =     $1,032
Casinghead gas         0 Mcf  × $  3.82 =         $0

────────────────────────────────────────────────────
Month total                                   $1,032

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/25670 is the state's own key, not one this site invented.