WATT, G. H.

Operated by BRIDGE OIL COMPANY, L. P. (P-5 91093) in the QUITO, WEST (DELAWARE) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 8751District 08Field 73933500OilCasinghead gasSaveExport
Value, all time
$16 k
Jan 1993 – Aug 1994
Value, last 12 filed months
$6 k
at the published price for each month
Months reported
20
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 53 leases and 175 wells, and the rule below applies to all of them.

Discovered
1955-05-24
as the register files it
Field class
Oil
the register's own label
Between wells
660 ft
minimum
From a lease line
330 ft
minimum

A drilling unit in this field needs at least 20 acres.

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
OilDisposition1,019 bbl$16,383
Casinghead gasProduction209 Mcf$0
Total$16,383

209 Mcf of this lease's gas, across 12 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 31.5470, -103.3913. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.2 miles.

31.54704, -103.39127 · 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%
1 of 2 wells
With a plug date
50.0%
1 of 2 wells
Median depth
4,850 ft
1 wells filed one
Completion to plug
11.9 years
median over 1 well

What the state filed about each well

On the RRC proration schedule
150.0%
A plug date is filed
150.0%
BothOn the schedule and plugged. Neither fact cancels the other.
150.0%
NeitherNo plug date, and not on the schedule.
150.0%

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 4,850 ft.

Completions filed
Dec 2002
1 of 2 wells; 1 filed none
Plug dates filed
Nov 2014
1 of 2 wells; 1 filed none

Last completion to plug: a median of 11.9 years across the 1 well that filed both dates, with the middle half between 11.9 years and 11.9 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

2 wells

42-475032812
42-4750328314,850 ftDec 2002Nov 2014Yes

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 (20)

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

20 months

Aug 19940016.13$0
Jul 19940017.56$0
Jun 19940017.09$0
May 19940015.88$0
Apr 1994227214.14$3,210
Mar 19940012.46$0
Feb 19940012.50$0
Jan 19940012.66$0
Dec 19930012.33$0
Nov 19930214.49$0
Oct 1993179115.85$2,837
Sep 19930115.03$0
Aug 1993146115.66$2,286
Jul 19930115.46$0
Jun 1993162116.79$2,720
May 19930117.68$0
Apr 199302718.05$0
Mar 19931372718.14$2,485
Feb 199306717.90$0
Jan 19931687816.93$2,844

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.

Apr 1994 — as filed, then multipliedworked
Oil                  227 bbl  × $ 14.14 =     $3,210
Casinghead gas         2 Mcf  ×  no price            —

────────────────────────────────────────────────────
Month total                                   $3,210

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/8751 is the state's own key, not one this site invented.