WATKINS 46

Operated by LEGACY RESERVES OPERATING LP (P-5 495445) in the TALBOT (CANYON) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 34465District 08Field 88200075OilCasinghead gasSaveExport
Value, all time
$8.9 M
Apr 1995 – Jun 2019
Value, last 12 filed months
$86 k
at the published price for each month
Months reported
291
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 34 leases and 36 wells, and the rule below applies to all of them.

Discovered
1994-07-28
as the register files it
Field class
Oil and gas
the register's own label
Between wells
1,320 ft
minimum
From a lease line
660 ft
minimum

A drilling unit in this field needs at least 80 acres. The field rule took effect on 1995-01-09.

The Commission's schedule remark for this field reads: FIELD CHANGE FROM ONE WELL TO ASSOCIATED 49B 4/1/95

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
OilDisposition139,862 bbl$5,332,316
Casinghead gasProduction978,237 Mcf$3,582,712
Total$8,915,028

220,582 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 (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 32.3785, -101.4617. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.37846, -101.46168 · 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
100.0%
1 of 1 wells
With a plug date
0.0%
0 of 1 wells
Median depth
8,650 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
1100.0%
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

The one well that filed a depth was drilled to 8,650 ft.

Completions filed
Apr 1995
1 of 1 wells

1 well

42-2273490618,650 ftApr 1995Yes

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 (291)

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

291 months

Jun 20190052.782.49$0
May 20190058.482.74$0
Apr 20190062.632.75$0
Mar 2019250056.803.06$14,200
Feb 201901,85750.852.79$5,185
Jan 201902,23246.033.23$7,205
Dec 20181972,24146.594.19$18,558
Nov 201802,26052.934.24$9,576
Oct 201802,13561.443.40$7,255
Sep 20181781,91159.543.11$16,538
Aug 201801,34459.403.07$4,121
Jul 201801,13665.142.93$3,331
Jun 20181721,61860.183.08$15,329
May 201802,24365.382.90$6,506
Apr 201801,68463.842.90$4,885
Mar 20181701,74861.222.79$15,279
Feb 201801,92661.782.77$5,328
Jan 2018091462.874.01$3,665
Dec 201716953157.272.92$11,230
Nov 201701,20755.423.12$3,764
Oct 20171762,19449.292.98$15,221
Sep 201702,40047.523.09$7,409
Aug 201701,87245.373.00$5,624
Jul 20171752,57643.873.09$15,630
Jun 201701,93442.493.09$5,971
May 20171752,73945.373.26$16,878
Apr 201702,06747.933.21$6,638
Mar 20171852,49446.772.98$16,094
Feb 20171802,40350.452.95$16,176
Jan 2017082849.413.42$2,831
Dec 20161882,96148.763.72$20,190
Nov 20161841,62942.492.64$12,126
Oct 20161852,85846.193.09$17,377
Sep 201602,17641.553.10$6,747
Aug 20163553,08641.442.92$23,736
Jul 20161813,37641.622.92$17,406
Jun 20161672,73345.352.69$14,914
May 201601,17042.521.99$2,330
Apr 201602,72936.561.99$5,434
Mar 201602,52433.011.79$4,528
Feb 20161692,39226.472.06$9,410
Jan 2016186027.352.36$5,087
Dec 20153742,78732.362.00$17,681
Nov 201502,72938.792.17$5,915
Oct 20153612,80443.552.43$22,526
Sep 201502,90642.992.76$8,016
Aug 20153612,46540.162.87$21,578
Jul 201502,39248.152.95$7,045
Jun 20153692,54056.152.88$28,042
May 20151843,01155.212.96$19,058
Apr 201502,76249.822.71$7,476
Mar 201501,52342.892.93$4,470
Feb 20153711,83244.662.98$22,021
Jan 20151881,61143.433.10$13,160
Dec 20141872,91154.693.59$20,681
Nov 20141852,46970.464.25$23,533
Oct 20141873,07878.303.90$26,649
Sep 20143692,60686.164.05$42,335
Aug 20141841,81689.394.04$23,776
Jul 20141852,93396.564.18$30,122
Jun 20141842,84198.164.74$31,519
May 20141852,67394.734.73$30,159
Apr 201402,64995.944.81$12,739
Mar 201402,58595.895.06$13,072
Feb 201401,03697.406.19$6,415
Jan 20141861,20490.404.86$22,667
Dec 20131882,78491.824.35$29,385
Nov 20131852,84188.853.74$27,058
Oct 20131873,04097.423.78$29,707
Sep 20131853,093104.113.72$30,759
Aug 20131862,893104.253.52$29,581
Jul 20133533,023102.523.72$47,428
Jun 20131803,01394.403.93$28,843
May 20131863,19994.834.15$30,911
Apr 20131852,52493.964.28$28,192
Mar 20131872,06893.623.91$25,599
Feb 20131903,07291.233.42$27,840
Jan 20131873,56491.603.42$29,318
Dec 20121873,50086.773.42$28,197
Nov 20123733,43686.953.62$44,888
Oct 20121843,54689.383.40$28,501
Sep 20121833,40294.672.92$27,253
Aug 20123703,95792.662.91$45,792
Jul 20121853,40385.133.02$26,029
Jun 20121812,73179.822.52$21,327
May 20121863,62591.612.49$26,060
Apr 20121853,282101.652.00$25,359
Mar 20121843,261105.052.22$26,575
Feb 20121863,020101.102.57$26,567
Jan 20123561,92998.092.73$40,194
Dec 20111902,68996.873.24$27,117
Nov 20111842,82895.723.31$26,977
Oct 20113712,86684.983.65$41,984
Sep 20113732,52983.623.99$41,270
Aug 20113722,86483.404.15$42,908
Jul 201102,98794.144.52$13,493
Jun 20113662,81492.904.64$47,058
May 20111862,30498.134.40$28,401
Apr 20111882,813105.964.33$32,110
Mar 20115573,39596.364.06$67,447
Feb 201103,02885.644.18$12,657
Jan 20115623,06486.504.59$62,673
Dec 20101883,39885.734.35$30,891
Nov 20101903,29780.843.80$27,873
Oct 20107443,45278.103.51$70,219
Sep 201003,38972.633.98$13,486
Aug 20103703,73073.684.42$43,746
Jul 20101863,23672.554.74$28,822
Jun 20101841,70270.364.91$21,304
May 20101871,58671.124.24$20,017
Apr 20103741,23581.694.12$35,644
Mar 20101821,69978.394.39$21,723
Feb 20101861,81473.585.44$23,558
Jan 20103782,01274.365.96$40,108
Dec 20093752,13471.445.48$38,492
Nov 20093782,12574.593.75$36,167
Oct 20091832,40872.544.11$23,172
Sep 20093672,30565.543.06$31,117
Aug 20091882,65367.423.22$21,214
Jul 20093592,85361.133.46$31,830
Jun 20093712,93366.163.90$35,969
May 20091803,38054.743.93$23,122
Apr 20093722,80246.773.59$27,451
Mar 20093733,29542.144.06$29,093
Feb 20093733,00332.814.63$26,151
Jan 20093743,45235.865.37$31,952
Dec 20083743,58437.105.98$35,297
Nov 20083773,46755.496.86$44,705
Oct 20083653,46075.246.92$51,413
Sep 20083731,702101.767.88$51,363
Aug 20083713,746114.228.48$74,153
Jul 20083633,677131.0811.39$89,461
Jun 20085493,543131.3313.03$118,275
May 20083733,761123.1711.57$89,473
Apr 20081783,552110.3110.45$56,771
Mar 20085493,736101.909.66$92,048
Feb 20081883,27592.538.77$46,119
Jan 20085593,68690.388.21$80,769
Dec 20075643,69188.337.30$76,770
Nov 20071873,69591.677.29$44,085
Oct 20073733,58382.856.92$55,705
Sep 20075623,62275.846.24$65,238
Aug 20073763,56869.066.39$48,759
Jul 20075593,91270.906.39$64,623
Jun 20071862,71062.007.55$31,988
May 20075493,91158.747.85$62,935
Apr 20073793,79259.617.81$52,190
Mar 20075663,91556.927.30$60,804
Feb 20073803,49755.108.22$49,669
Jan 20073773,68450.306.73$43,745
Dec 20063763,92356.656.92$48,441
Nov 20065683,90454.207.62$60,524
Oct 20065613,99254.906.01$54,806
Sep 20063783,87360.085.04$42,219
Aug 20063623,94568.717.34$53,829
Jul 20065433,90269.376.34$62,417
Jun 20065583,53066.286.38$59,519
May 20065673,62166.016.42$60,693
Apr 20065583,66864.397.36$62,928
Mar 20063683,80556.707.08$47,816
Feb 20065683,38957.597.75$58,980
Jan 20065663,87160.598.93$68,875
Dec 20057583,65654.9413.42$90,691
Nov 20055533,97954.6910.59$72,375
Oct 20051903,25858.3413.80$56,031
Sep 20055502,94861.4512.08$69,406
Aug 20056633,96761.519.80$79,645
Jul 20057243,98055.697.84$71,537
Jun 20055463,92252.337.38$57,521
May 20055453,96645.226.65$51,023
Apr 20055453,86249.207.36$55,240
Mar 20057274,00650.377.15$65,281
Feb 20057283,55045.226.31$55,327
Jan 20055473,90443.166.32$48,290
Dec 20047283,82039.866.75$54,807
Nov 20047263,72945.286.33$56,479
Oct 20045413,85749.706.52$52,016
Sep 20047193,68243.245.28$50,545
Aug 20048933,84042.375.55$59,151
Jul 20048913,83738.286.08$57,452
Jun 20045753,58336.106.43$43,807
May 20045683,45437.486.49$43,721
Apr 20049183,36034.475.86$51,328
Mar 20047393,39034.365.53$44,139
Feb 20047573,08732.455.51$41,573
Jan 20047593,16332.036.30$44,237
Dec 20031,1153,20330.266.30$53,924
Nov 20037472,98828.804.60$35,244
Oct 20037516,27028.174.76$50,999
Sep 20039515,84626.314.75$52,786
Aug 20037312,99929.765.13$37,139
Jul 20039425,94629.415.17$58,450
Jun 20031,1333,12328.565.98$51,043
May 20031893,58726.595.97$26,450
Apr 2003373026.675.41$9,948
Mar 20031,1333,14931.146.10$54,478
Feb 20037592,81233.487.93$47,699
Jan 20037613,40430.315.58$42,067
Dec 20023781,71326.914.85$18,486
Nov 20023822,85724.664.14$21,239
Oct 20025731,43126.464.23$21,213
Sep 20027593,01227.443.64$31,776
Aug 20029492,81825.963.16$33,553
Jul 20027502,69024.583.06$26,671
Jun 20027612,84623.733.34$27,559
May 20029382,59124.663.58$32,417
Apr 20027212,81023.653.51$26,921
Mar 20025632,35022.003.10$19,677
Feb 20029432,63018.222.38$23,430
Jan 20025632,38617.172.38$15,335
Dec 20017582,45716.932.36$18,642
Nov 20013762,50318.072.41$12,815
Oct 20017532,67019.782.53$21,646
Sep 20017502,56924.262.25$23,979
Aug 20017562,68424.873.05$26,996
Jul 20015622,57423.933.20$21,678
Jun 20019502,50824.563.82$32,923
May 20013812,47025.524.31$20,362
Apr 20015021,06924.685.34$18,093
Mar 20017202,44224.545.38$30,798
Feb 20017162,23927.755.77$32,781
Jan 20017252,63127.478.40$42,013
Dec 20009152,54526.889.12$47,812
Nov 20005482,60132.215.66$32,368
Oct 20009092,57231.235.15$41,622
Sep 20007242,46731.875.19$35,869
Aug 20007262,42129.644.54$32,512
Jul 20007252,40728.534.09$30,528
Jun 20005382,32229.304.40$25,974
May 20007272,38427.263.68$28,591
Apr 20007132,28624.513.12$24,599
Mar 20007242,34228.422.86$27,274
Feb 20005391,98127.622.73$20,288
Jan 20005452,14825.272.48$19,100
Dec 19997252,22124.282.42$22,986
Nov 19995442,18823.192.43$17,941
Oct 19997222,39020.982.80$21,848
Sep 19995461,98321.752.62$17,069
Aug 19995732,08919.262.88$17,043
Jul 19997412,23417.892.37$18,556
Jun 19994892,31115.942.36$13,253
May 19995442,31615.792.32$13,965
Apr 19993721,62915.102.21$9,214
Mar 19995462,24112.471.84$10,928
Feb 19993681,6559.981.82$6,681
Jan 19991871,88510.381.90$5,522
Dec 19983662,0239.201.77$6,955
Nov 19985412,30210.892.19$10,923
Oct 19985502,47812.421.97$11,711
Sep 19985412,44412.592.08$11,901
Aug 19983622,61411.301.91$9,076
Jul 19985362,75211.742.24$12,450
Jun 19983532,74211.242.24$10,102
May 19985492,89812.622.21$13,322
Apr 19985462,99913.042.51$14,633
Mar 19983552,66112.802.31$10,689
Feb 19985432,71913.952.30$13,826
Jan 19983513,17714.702.15$12,005
Dec 19975413,10916.322.41$16,325
Nov 19975483,35718.193.09$20,335
Oct 19975483,53419.253.15$21,680
Sep 19973573,35817.742.95$16,256
Aug 19975483,52717.862.55$18,798
Jul 19973683,51317.582.25$14,363
Jun 19975383,53617.242.26$17,257
May 19975473,76718.972.31$19,073
Apr 19973594,11617.882.08$14,992
Mar 19975484,48918.951.94$19,089
Feb 19975484,22520.492.21$20,548
Jan 19975484,85723.483.54$30,059
Dec 19967395,55123.32$17,233
Nov 19965545,36221.97$12,171
Oct 19965517,04523.31$12,844
Sep 19965597,01522.22$12,421
Aug 19965529,87120.26$11,184
Jul 199691111,43219.55$17,810
Jun 199673413,57718.73$13,748
May 19961,09315,19619.43$21,237
Apr 19961,28913,21621.51$27,726
Mar 19961,4868,92619.38$28,799
Feb 19961,0998,11316.98$18,661
Jan 19961,4759,56017.07$25,178
Dec 19951,4989,99917.19$25,751
Nov 19951,88311,95516.00$30,128
Oct 19952,16813,41215.43$33,452
Sep 19951,8288,60716.18$29,577
Aug 19952,22613,77015.92$35,438
Jul 19953,67913,92715.24$56,068
Jun 19952,81711,82616.41$46,227
May 19954,86317,50317.56$85,394
Apr 19959514,71917.73$16,861

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.

Mar 2019 — as filed, then multipliedworked
Oil                  250 bbl  × $ 56.80 =    $14,200
Casinghead gas         0 Mcf  × $  3.06 =         $0

────────────────────────────────────────────────────
Month total                                  $14,200

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/34465 is the state's own key, not one this site invented.