WATSON, L. M. STATE

Operated by JETTA OPERATING COMPANY, INC. (P-5 432283) in the SCOTT (DELAWARE) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 26850District 08Field 81738250Hydrogen sulphide fieldNGPA filingOilCasinghead gasSaveExport
Value, all time
$5.3 M
Jan 1993 – May 2026
Value, last 12 filed months
$56 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 87 leases and 142 wells, and the rule below applies to all of them.

Discovered
1946-02-02
as the register files it
Field class
Oil and 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 1983-09-19.

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: ASSOCIATED 49B FIELD

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
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
OilDisposition53,688 bbl$3,211,852
Casinghead gasProduction654,636 Mcf$2,123,091
Total$5,334,943

166,881 Mcf of this lease's gas, across 48 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 (2)

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 31.4210, -103.3392. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.1 miles.

31.42099, -103.33922 · 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 2 wells
With a plug date
0.0%
0 of 2 wells
Median depth
6,216 ft
2 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.
2100.0%

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 5,932 and 6,500 ft, median 6,216 ft, over the 2 wells that filed a depth.

Completions filed
May 2012 – Feb 2013
2 of 2 wells

2 wells

42-4753573625,932 ftFeb 2013
42-4753217116,500 ftMay 2012

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 20260724106.413.05$2,205
Apr 2026078798.932.87$2,258
Mar 2026076789.753.15$2,416
Feb 202617755663.503.75$13,325
Jan 2026063359.138.00$5,063
Dec 202517062156.664.41$12,373
Nov 2025051058.593.93$2,002
Oct 2025054459.383.30$1,798
Sep 2025054262.743.08$1,668
Aug 202517473763.933.01$13,346
Jul 20250066.743.32$0
Jun 20250066.483.13$0
May 2025168060.553.23$10,172
Apr 2025077862.363.54$2,757
Mar 202517586267.704.27$15,527
Feb 2025076570.884.34$3,321
Jan 2025085474.324.28$3,654
Dec 202416675468.993.12$13,806
Nov 2024072069.052.20$1,583
Oct 20241721,57271.372.28$15,862
Sep 2024086569.612.36$2,045
Aug 202417382975.632.06$14,795
Jul 20241701,65879.932.15$17,147
Jun 20241661,70778.082.63$17,457
May 202401,13178.812.20$2,486
Apr 20241651,70084.451.66$16,755
Mar 20241541,79380.301.55$15,137
Feb 20241861,66376.091.78$17,119
Jan 20241741,39073.023.30$17,289
Dec 20231911,52471.262.61$17,589
Nov 20231721,63877.892.81$17,996
Oct 20231801,69685.443.09$20,615
Sep 20231761,78889.042.74$20,561
Aug 20231821,23680.522.67$17,958
Jul 202317990274.852.64$15,781
Jun 2023065768.962.26$1,484
May 20231681,38670.622.23$14,951
Apr 20231811,00778.122.24$16,393
Mar 20231841,51872.852.39$17,037
Feb 20231671,53175.112.47$16,318
Jan 20231691,69876.533.39$18,686
Dec 20221712,54176.415.73$27,624
Nov 202217090785.005.65$19,571
Oct 202218085287.185.86$20,688
Sep 20221731,59784.888.16$27,722
Aug 20223571,66394.529.13$48,922
Jul 20221761,582101.587.54$29,810
Jun 20221801,491115.097.98$32,610
May 20221721,689109.378.43$33,055
Apr 20221761,619104.226.84$29,413
Mar 20223492,104108.885.08$48,680
Feb 2022098591.054.86$4,786
Jan 20221751,37281.844.54$20,548
Dec 202117580071.323.90$15,600
Nov 202117486677.435.24$18,008
Oct 2021070779.795.71$4,040
Sep 202117738569.865.35$14,425
Aug 2021046766.024.22$1,971
Jul 202117849470.783.98$14,566
Jun 202116674469.493.38$14,051
May 2021084663.483.02$2,553
Apr 202117486260.362.76$12,880
Mar 20211731,07261.302.72$13,517
Feb 2021084657.805.55$4,694
Jan 202117154350.412.81$10,146
Dec 202017665744.642.68$9,614
Nov 2020088838.772.71$2,403
Oct 202017793436.972.48$8,859
Sep 20201701,09037.091.99$8,476
Aug 20201721,08439.982.39$9,462
Jul 202001,06338.371.83$1,940
Jun 20203451,38034.901.69$14,373
May 202001,22416.921.81$2,221
Apr 20201731,71414.751.80$5,644
Mar 20201711,31330.341.86$7,625
Feb 2020088249.881.98$1,747
Jan 202017292357.252.09$11,780
Dec 20191691,03359.012.30$12,353
Nov 201917596155.302.75$12,321
Oct 201916898253.472.42$11,358
Sep 2019091455.052.66$2,429
Aug 201916393453.112.30$10,809
Jul 201932792556.272.46$20,676
Jun 2019062152.782.49$1,547
May 201917468458.482.74$12,050
Apr 20191731,10162.632.75$13,864
Mar 20193551,24156.803.06$23,964
Feb 20191831,82650.852.79$14,404
Jan 20191831,66646.033.23$13,802
Dec 20181781,76346.594.19$15,672
Nov 20181741,49052.934.24$15,523
Oct 20183521,86961.443.40$27,978
Sep 20181731,80359.543.11$15,904
Aug 20181742,25659.403.07$17,254
Jul 20183492,35065.142.93$29,624
Jun 20181692,03360.183.08$16,426
May 20181731,99165.382.90$17,086
Apr 20183352,13263.842.90$27,571
Mar 20181892,23261.222.79$17,791
Feb 20181821,67861.782.77$15,886
Jan 201818959562.874.01$14,268
Dec 20173702,07257.272.92$27,243
Nov 20171702,24455.423.12$16,419
Oct 20171782,25549.292.98$15,502
Sep 20171801,79747.523.09$14,101
Aug 20173651,99145.373.00$22,542
Jul 20171882,33543.873.09$15,456
Jun 20171801,68642.493.09$12,853
May 20171821,67845.373.26$13,733
Apr 20173661,67847.933.21$22,931
Mar 20173741,56546.772.98$22,161
Feb 20171861,55550.452.95$13,975
Jan 20171861,44549.413.42$14,130
Dec 20161811,03348.763.72$12,671
Nov 201617592442.492.64$9,879
Oct 20161681,24446.193.09$11,604
Sep 201616792541.553.10$9,807
Aug 20163351,62941.442.92$18,646
Jul 20163392,74241.622.92$22,128
Jun 20161681,40445.352.69$11,390
May 20163391,64542.521.99$17,690
Apr 201634696336.561.99$14,567
Mar 201633865833.011.79$12,338
Feb 201617419526.472.06$5,008
Jan 201650415027.352.36$14,139
Dec 20151691,39632.362.00$8,263
Nov 201518097938.792.17$9,104
Oct 20151861243.552.43$8,129
Sep 201517132442.992.76$8,245
Aug 20151651,31240.162.87$10,395
Jul 20155171,12548.152.95$28,207
Jun 20151661,03356.152.88$12,299
May 201533832955.212.96$19,633
Apr 201534783249.822.71$19,539
Mar 201535078642.892.93$17,318
Feb 201533659344.662.98$16,771
Jan 2015167143.433.10$7,256
Dec 201402,18454.693.59$7,844
Nov 201416839370.464.25$13,508
Oct 2014329978.303.90$25,796
Sep 2014095586.164.05$3,863
Aug 20143302,08389.394.04$37,904
Jul 20143291,70596.564.18$38,894
Jun 201433052698.164.74$34,884
May 201433370294.734.73$34,863
Apr 20144971,55795.944.81$55,170
Mar 20141671,90595.895.06$25,647
Feb 20145271,01297.406.19$57,596
Jan 201417615390.404.86$16,654
Dec 20135241,00191.824.35$52,473
Nov 20131751,72988.853.74$22,012
Oct 20135022,09797.423.78$56,830
Sep 20135022,317104.113.72$60,877
Aug 20131651,191104.253.52$21,397
Jul 2013512787102.523.72$55,416
Jun 20135051,93194.403.93$55,267
May 20133301,68994.834.15$38,302
Apr 20133262,30493.964.28$40,498
Mar 20134892,03693.623.91$53,747
Feb 201301,51991.233.42$5,195
Jan 20131634,17591.603.42$29,209
Dec 20121743,34086.773.42$26,521
Nov 20123483,54086.953.62$43,091
Oct 201203,56289.383.40$12,110
Sep 20121751,58294.672.92$21,184
Aug 201201,71092.662.91$4,973
Jul 20121731,26085.133.02$18,534
Jun 2012062879.822.52$1,582
May 20121735291.612.49$15,978
Apr 20121671,038101.652.00$19,048
Mar 20121621,329105.052.22$19,971
Feb 20120721101.102.57$1,853
Jan 20121651,16598.092.73$19,370
Dec 20111651,44896.873.24$20,675
Nov 20111641,72895.723.31$21,420
Oct 201101,60484.983.65$5,852
Sep 201105383.623.99$211
Aug 201108983.404.15$369
Jul 201116013094.144.52$15,650
Jun 2011066492.904.64$3,081
May 20111631,24498.134.40$21,475
Apr 201101,234105.964.33$5,347
Mar 20111671,37096.364.06$21,651
Feb 20111771,43385.644.18$21,148
Jan 2011096886.504.59$4,442
Dec 20101791,23885.734.35$20,728
Nov 20101761,30480.843.80$19,177
Oct 201001,50478.103.51$5,277
Sep 20101681,22072.633.98$17,057
Aug 20101788873.684.42$13,504
Jul 20101781672.554.74$12,990
Jun 201017727270.364.91$13,789
May 201001,14571.124.24$4,849
Apr 20101771,28181.694.12$19,740
Mar 20101741,43878.394.39$19,951
Feb 20101641,18673.585.44$18,522
Jan 20101791,17774.365.96$20,330
Dec 2009089871.445.48$4,924
Nov 20091791,38974.593.75$18,562
Oct 20091781,34272.544.11$18,428
Sep 20091761,05565.543.06$14,768
Aug 20091741,24967.423.22$15,751
Jul 200901,54061.133.46$5,335
Jun 200917615066.163.90$12,228
May 200901,03054.743.93$4,044
Apr 20091601,04846.773.59$11,243
Mar 20091,2251,13742.144.06$56,237
Feb 200915680532.814.63$8,848
Jan 2009078635.865.37$4,222
Dec 20081731,14737.105.98$13,274
Nov 200817797055.496.86$16,476
Oct 200801,03075.246.92$7,130
Sep 20081741,231101.767.88$27,403
Aug 20081731,388114.228.48$31,534
Jul 2008174977131.0811.39$33,935
Jun 200801,638131.3313.03$21,347
May 20081761,533123.1711.57$39,421
Apr 2008015110.3110.45$157
Mar 2008175932101.909.66$26,839
Feb 200801,24092.538.77$10,876
Jan 20081771,35790.388.21$27,132
Dec 20071761,80688.337.30$28,733
Nov 20071751,80691.677.29$29,211
Oct 200701,21282.856.92$8,389
Sep 20071771,65675.846.24$23,764
Aug 20071781,75069.066.39$23,472
Jul 200701,25870.906.39$8,036
Jun 20071761,38662.007.55$21,374
May 20071771,61758.747.85$23,084
Apr 200706,77259.617.81$52,857
Mar 20071741,67056.927.30$22,098
Feb 20071741,23255.108.22$19,710
Jan 200701,59050.306.73$10,696
Dec 20061771,55956.656.92$20,813
Nov 20061751,59254.207.62$21,612
Oct 200601,26454.906.01$7,601
Sep 20061781,65160.085.04$19,011
Aug 20061611,61468.717.34$22,909
Jul 200601,25569.376.34$7,960
Jun 20061801,67466.286.38$22,617
May 20061702,09666.016.42$24,689
Apr 20061742,39764.397.36$28,847
Mar 20061692,59456.707.08$27,955
Feb 200601,35957.597.75$10,534
Jan 200601,59260.598.93$14,222
Dec 200513024454.9413.42$10,416
Nov 2005094854.6910.59$10,038
Oct 20051611,71358.3413.80$33,025
Sep 200501,43461.4512.08$17,321
Aug 20051721,73561.519.80$27,577
Jul 20051661,54555.697.84$21,363
Jun 20051713,27952.337.38$33,151
May 200501,53845.226.65$10,229
Apr 200517445749.207.36$11,925
Mar 20051751,69650.377.15$20,949
Feb 20052001,76945.226.31$20,210
Jan 20051601,26843.166.32$14,922
Dec 20041751,48439.866.75$16,994
Nov 200401,65745.286.33$10,490
Oct 20041751,57949.706.52$18,985
Sep 20041741,74043.245.28$16,718
Aug 200402,00642.375.55$11,135
Jul 20041691,52838.286.08$15,766
Jun 20041771,70536.106.43$17,358
May 200401,81737.486.49$11,801
Apr 20041742,11834.475.86$18,406
Mar 20041751,84034.365.53$16,188
Feb 200401,53932.455.51$8,479
Jan 20041751,64632.036.30$15,974
Dec 20031752,20730.266.30$19,203
Nov 20031772,52728.804.60$16,710
Oct 20031742,45528.174.76$16,587
Sep 200302,56326.314.75$12,173
Aug 20031761,83429.765.13$14,646
Jul 20031742,79129.415.17$19,549
Jun 20031631,63128.565.98$14,413
May 200302,55526.595.97$15,260
Apr 20031781,96726.675.41$15,383
Mar 20031722,24231.146.10$19,023
Feb 200301,41233.487.93$11,191
Jan 20031741,59830.315.58$14,194
Dec 200201,57926.914.85$7,664
Nov 20021741,53024.664.14$10,620
Oct 20021791,84526.464.23$12,539
Sep 20021731,66827.443.64$10,811
Aug 2002401,95925.963.16$7,237
Jul 20021752,03024.583.06$10,517
Jun 20021691,98323.733.34$10,630
May 20021672,06324.663.58$11,512
Apr 20021712,04723.653.51$11,234
Mar 20021742,07622.003.10$10,269
Feb 200201,63818.222.38$3,891
Jan 20021772,79317.172.38$9,674
Dec 200101,36016.932.36$3,216
Nov 20011731,87618.072.41$7,639
Oct 20011711,43319.782.53$7,006
Sep 200117212,52724.262.25$32,375
Aug 200101,44024.873.05$4,397
Jul 20011652,68223.933.20$12,523
Jun 20011722,48224.563.82$13,716
May 20011722,64725.524.31$15,791
Apr 20011742,53924.685.34$17,841
Mar 20013442,78724.545.38$23,426
Feb 200102,17427.755.77$12,538
Jan 20011672,17427.478.40$22,846
Dec 20001722,75426.889.12$29,747
Nov 20001472,47932.215.66$18,761
Oct 200002,23931.235.15$11,521
Sep 20000031.875.19$0
Aug 20000029.644.54$0
Jul 20000028.534.09$0
Jun 200010732329.304.40$4,555
May 2000013327.263.68$489
Apr 2000067524.513.12$2,103
Mar 2000094328.422.86$2,697
Feb 2000046627.622.73$1,271
Jan 2000027125.272.48$672
Dec 1999065724.282.42$1,592
Nov 199901,01523.192.43$2,471
Oct 199901,01520.982.80$2,846
Sep 1999089921.752.62$2,354
Aug 199901,16819.262.88$3,359
Jul 1999013517.892.37$320
Jun 1999060115.942.36$1,420
May 19996652215.792.32$2,254
Apr 1999027415.102.21$605
Mar 1999063412.471.84$1,166
Feb 199908479.981.82$1,540
Jan 19995984110.381.90$2,210
Dec 199809719.201.77$1,722
Nov 19984886710.892.19$2,418
Oct 1998067212.421.97$1,323
Sep 19988994312.592.08$3,084
Aug 199801,27711.301.91$2,436
Jul 199801,97311.742.24$4,414
Jun 1998802,00411.242.24$5,383
May 1998564,79012.622.21$11,275
Apr 199803,69313.042.51$9,252
Mar 19987151412.802.31$2,096
Feb 19986960713.952.30$2,358
Jan 19987454514.702.15$2,262
Dec 1997067216.322.41$1,620
Nov 19977974818.193.09$3,747
Oct 1997086619.253.15$2,728
Sep 1997901,33517.742.95$5,541
Aug 199704,65117.862.55$11,882
Jul 1997731,44517.582.25$4,530
Jun 1997033617.242.26$758
May 19977590118.972.31$3,503
Apr 199701,04017.882.08$2,166
Mar 19978085518.951.94$3,174
Feb 1997092520.492.21$2,040
Jan 19978698123.483.54$5,492
Dec 199601,75523.32$0
Nov 199603,08821.97$0
Oct 1996652,59223.31$1,515
Sep 1996066222.22$0
Aug 1996701,15720.26$1,418
Jul 19967496619.55$1,447
Jun 1996096618.73$0
May 199601,82419.43$0
Apr 1996801,80621.51$1,721
Mar 1996782,09719.38$1,512
Feb 199602,69016.98$0
Jan 199602,54617.07$0
Dec 1995743,01317.19$1,272
Nov 199502,75216.00$0
Oct 1995663,74115.43$1,018
Sep 199501,69416.18$0
Aug 1995551,39215.92$876
Jul 1995472,52315.24$716
Jun 199502,92816.41$0
May 199583,66817.56$140
Apr 1995912,90117.73$1,613
Mar 199503,57516.44$0
Feb 1995793,28016.58$1,310
Jan 1995793,76015.92$1,258
Dec 199413,51015.03$15
Nov 199453,08715.90$80
Oct 1994844,48915.58$1,309
Sep 1994892,92115.29$1,361
Aug 199403,97316.13$0
Jul 1994793,58417.56$1,387
Jun 1994763,86417.09$1,299
May 1994204,15215.88$318
Apr 19941684,04914.14$2,376
Mar 1994854,49512.46$1,059
Feb 199404,15312.50$0
Jan 19941074,50112.66$1,355
Dec 199304,89212.33$0
Nov 19931075,21414.49$1,550
Oct 1993125,25715.85$190
Sep 19931005,28815.03$1,503
Aug 19931105,02715.66$1,723
Jul 19931385,53715.46$2,133
Jun 1993985,66916.79$1,645
May 1993116,02017.68$194
Apr 19931055,30218.05$1,895
Mar 19931095,24718.14$1,977
Feb 19931123,57217.90$2,005
Jan 19931145,70216.93$1,930

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                    0 bbl  × $106.41 =         $0
Casinghead gas       724 Mcf  × $  3.05 =     $2,205

────────────────────────────────────────────────────
Month total                                   $2,205

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/26850 is the state's own key, not one this site invented.