WATSON, T. T.

Operated by CHOLLA PETROLEUM, INC. (P-5 150683) in the ALVORD (ATOKA CONGLOMERATE) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 201677District 09Field 02143071CondensateGasSaveExport
Value, all time
$542 k
Apr 2004 – Mar 2016
Value, last 12 filed months
$25 k
at the published price for each month
Months reported
144
no gaps in the span
Streams
2
condensate, 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 207 leases and 257 wells, and the rule below applies to all of them.

Discovered
1954-09-29
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 40 acres.

The Commission's schedule remark for this field reads: OF 80 AC./ DIVIDED BY 80 AC.

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
CondensateDisposition2,043 bbl$164,597
GasProduction67,724 Mcf$377,126
Total$541,723

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 33.3110, -97.7053. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

33.31101, -97.70527 · 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
100.0%
1 of 1 wells
Median depth
6,450 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
1100.0%
BothOn the schedule and plugged. Neither fact cancels the other.
1100.0%
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 6,450 ft.

Plug dates filed
Mar 2016
1 of 1 wells

1 well

42-497018471 U6,450 ftMar 2016Yes

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 (144)

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

144 months

Mar 2016121933.011.79$4,010
Feb 20160026.472.06$0
Jan 2016022227.352.36$525
Dec 2015035732.362.00$715
Nov 2015025938.792.17$561
Oct 2015030643.552.43$743
Sep 2015031542.992.76$869
Aug 2015039940.162.87$1,146
Jul 2015045148.152.95$1,328
Jun 2015047656.152.88$1,372
May 201519050955.212.96$11,994
Apr 2015050149.822.71$1,356
Mar 2015051642.892.93$1,514
Feb 2015038644.662.98$1,149
Jan 2015043043.433.10$1,333
Dec 2014040254.693.59$1,444
Nov 2014032070.464.25$1,361
Oct 2014049078.303.90$1,911
Sep 2014044986.164.05$1,816
Aug 2014047889.394.04$1,929
Jul 2014046696.564.18$1,948
Jun 201419151898.164.74$21,202
May 2014057394.734.73$2,708
Apr 2014050995.944.81$2,448
Mar 2014058495.895.06$2,953
Feb 2014061597.406.19$3,808
Jan 201405190.404.86$248
Dec 2013032391.824.35$1,407
Nov 2013049488.853.74$1,847
Oct 201318854197.423.78$20,360
Sep 20130537104.113.72$1,996
Aug 20130335104.253.52$1,180
Jul 20130260102.523.72$967
Jun 2013015594.403.93$610
May 2013044694.834.15$1,850
Apr 2013046693.964.28$1,996
Mar 2013053293.623.91$2,082
Feb 2013052891.233.42$1,806
Jan 201319146191.603.42$19,072
Dec 2012044086.773.42$1,505
Nov 2012036586.953.62$1,323
Oct 2012063789.383.40$2,166
Sep 2012020994.672.92$610
Aug 2012033692.662.91$977
Jul 2012042485.133.02$1,281
Jun 2012053979.822.52$1,358
May 2012055791.612.49$1,386
Apr 2012191901101.652.00$21,214
Mar 20120123105.052.22$273
Feb 201200101.102.57$0
Jan 20120098.092.73$0
Dec 2011030396.873.24$982
Nov 2011053295.723.31$1,762
Oct 2011037684.983.65$1,372
Sep 2011039683.623.99$1,578
Aug 2011039183.404.15$1,622
Jul 2011056494.144.52$2,548
Jun 2011055692.904.64$2,580
May 2011069498.134.40$3,057
Apr 2011053105.964.33$230
Mar 2011021996.364.06$889
Feb 201117619585.644.18$15,888
Jan 2011023286.504.59$1,065
Dec 2010035085.734.35$1,522
Nov 2010034980.843.80$1,325
Oct 2010041078.103.51$1,439
Sep 2010045672.633.98$1,815
Aug 2010043373.684.42$1,914
Jul 2010048272.554.74$2,283
Jun 2010041070.364.91$2,013
May 2010053171.124.24$2,249
Apr 2010065681.694.12$2,704
Mar 201018164678.394.39$17,024
Feb 2010054873.585.44$2,982
Jan 2010049874.365.96$2,970
Dec 2009053071.445.48$2,906
Nov 200918566174.593.75$16,279
Oct 2009072072.544.11$2,959
Sep 2009074365.543.06$2,277
Aug 2009069567.423.22$2,237
Jul 2009073161.133.46$2,533
Jun 2009074566.163.90$2,902
May 2009081654.743.93$3,203
Apr 2009088246.773.59$3,164
Mar 2009080542.144.06$3,268
Feb 20090032.814.63$0
Jan 200901535.865.37$81
Dec 2008013337.105.98$795
Nov 2008038055.496.86$2,607
Oct 2008048275.246.92$3,336
Sep 20080505101.767.88$3,978
Aug 2008132539114.228.48$19,649
Jul 20080467131.0811.39$5,319
Jun 20080492131.3313.03$6,412
May 20080524123.1711.57$6,065
Apr 20080553110.3110.45$5,782
Mar 20080397101.909.66$3,837
Feb 2008034492.538.77$3,017
Jan 2008044390.388.21$3,635
Dec 2007041488.337.30$3,023
Nov 2007036891.677.29$2,683
Oct 2007060882.856.92$4,209
Sep 2007052675.846.24$3,284
Aug 2007054369.066.39$3,469
Jul 2007056370.906.39$3,596
Jun 200711352162.007.55$10,939
May 2007050358.747.85$3,947
Apr 2007044559.617.81$3,473
Mar 2007046156.927.30$3,366
Feb 2007040455.108.22$3,319
Jan 2007046450.306.73$3,121
Dec 2006071656.656.92$4,954
Nov 2006074454.207.62$5,667
Oct 2006074354.906.01$4,468
Sep 2006075060.085.04$3,778
Aug 2006075568.717.34$5,542
Jul 20068170269.376.34$10,072
Jun 2006054766.286.38$3,492
May 2006050766.016.42$3,257
Apr 2006047564.397.36$3,496
Mar 2006043956.707.08$3,109
Feb 2006050557.597.75$3,914
Jan 20060060.598.93$0
Dec 2005491,18354.9413.42$18,562
Nov 2005097754.6910.59$10,345
Oct 2005046158.3413.80$6,360
Sep 2005042161.4512.08$5,085
Aug 2005037861.519.80$3,703
Jul 2005034155.697.84$2,675
Jun 2005042952.337.38$3,166
May 2005056045.226.65$3,725
Apr 2005059049.207.36$4,343
Mar 2005070650.377.15$5,051
Feb 2005047445.226.31$2,992
Jan 2005045643.166.32$2,883
Dec 2004051739.866.75$3,490
Nov 2004054745.286.33$3,463
Oct 20045449749.706.52$5,922
Sep 2004058543.245.28$3,091
Aug 2004065742.375.55$3,647
Jul 2004064238.286.08$3,906
Jun 2004036936.106.43$2,374
May 2004050737.486.49$3,293
Apr 2004064234.475.86$3,761

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 2016 — as filed, then multipliedworked
Condensate           121 bbl  × $ 33.01 =     $3,994
Gas                    9 Mcf  × $  1.79 =        $16

────────────────────────────────────────────────────
Month total                                   $4,010

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. 09/G/201677 is the state's own key, not one this site invented.