WATSON C UNIT

Operated by EOG RESOURCES, INC. (P-5 253162) in the NEWARK, EAST (BARNETT SHALE) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 273686District 09Field 652802002 tax incentive programmesCondensateGasSaveExport
Value, all time
$7.6 M
Feb 2011 – May 2026
Value, last 12 filed months
$43 k
at the published price for each month
Months reported
184
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 21,881 leases and 22,468 wells, and the rule below applies to all of them.

Discovered
1981-10-15
as the register files it
Field class
Oil and gas
the register's own label
Between wells
0 ft
minimum
From a lease line
330 ft
minimum

A drilling unit in this field needs at least 20 acres. The field rule took effect on 2009-09-29.

The Commission's schedule remark for this field reads: DESIGNATED AS UFT FIELD PER DOCKET 01-0299858

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
High Cost Gas112014-10-24208441
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
CondensateDisposition59,261 bbl$5,255,367
GasProduction685,671 Mcf$2,316,098
Total$7,571,465

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 33.5522, -97.7730. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

33.55222, -97.77301 · 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 1 wells
With a plug date
0.0%
0 of 1 wells
Median depth
6,756 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
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.
1100.0%

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 6,756 ft.

Completions filed
Jan 2011
1 of 1 wells

1 well

42-337343493H6,756 ftJan 2011

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 (184)

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

184 months

May 20260880106.413.05$2,680
Apr 202601,05598.932.87$3,028
Mar 2026050789.753.15$1,597
Feb 202601,78163.503.75$6,679
Jan 202601,17859.138.00$9,422
Dec 2025092756.664.41$4,091
Nov 202501,07258.593.93$4,209
Oct 2025070459.383.30$2,327
Sep 2025066062.743.08$2,031
Aug 2025271363.933.01$2,277
Jul 20251166266.743.32$2,929
Jun 2025158766.483.13$1,903
May 2025055960.553.23$1,807
Apr 202501,86662.363.54$6,611
Mar 202502,52667.704.27$10,782
Feb 202501,10170.884.34$4,779
Jan 202501,73574.324.28$7,424
Dec 2024061168.993.12$1,907
Nov 2024057969.052.20$1,273
Oct 202401,35171.372.28$3,082
Sep 202401,68769.612.36$3,989
Aug 2024051275.632.06$1,057
Jul 202401,25379.932.15$2,690
Jun 202402,46778.082.63$6,498
May 2024060478.812.20$1,328
Apr 202401,14084.451.66$1,891
Mar 202401,93680.301.55$2,991
Feb 202401,96976.091.78$3,512
Jan 202401,39673.023.30$4,604
Dec 2023036171.262.61$942
Nov 202301,39477.892.81$3,914
Oct 202301,33785.443.09$4,128
Sep 202301,47189.042.74$4,023
Aug 202301,77380.522.67$4,739
Jul 202302,27874.852.64$6,018
Jun 20231591,16668.962.26$13,598
May 202301,62170.622.23$3,611
Apr 202301,65278.122.24$3,697
Mar 202301,67572.852.39$4,009
Feb 202301,85275.112.47$4,566
Jan 202301,01776.533.39$3,445
Dec 202202,08976.415.73$11,968
Nov 202201,98985.005.65$11,230
Oct 202203,04987.185.86$17,879
Sep 202202,75584.888.16$22,491
Aug 2022020494.529.13$1,862
Jul 20220461101.587.54$3,477
Jun 20220644115.097.98$5,137
May 202268350109.378.43$10,389
Apr 20221231104.226.84$1,684
Mar 20221142108.885.08$830
Feb 2022021791.054.86$1,054
Jan 2022124281.844.54$1,180
Dec 202103,51171.323.90$13,690
Nov 2021076077.435.24$3,980
Oct 2021030779.795.71$1,754
Sep 2021024769.865.35$1,322
Aug 2021028066.024.22$1,182
Jul 2021023970.783.98$952
Jun 2021124969.493.38$911
May 2021028163.483.02$848
Apr 2021041460.362.76$1,142
Mar 2021023261.302.72$630
Feb 2021081557.805.55$4,522
Jan 2021088450.412.81$2,484
Dec 202011089644.642.68$7,308
Nov 202017270838.772.71$8,585
Oct 2020041336.972.48$1,024
Sep 2020051437.091.99$1,023
Aug 202001,02739.982.39$2,450
Jul 202001,88338.371.83$3,437
Jun 202001,91534.901.69$3,237
May 202002,28216.921.81$4,141
Apr 202001,60514.751.80$2,896
Mar 202001,70730.341.86$3,169
Feb 20201652,03149.881.98$12,253
Jan 202002,09457.252.09$4,386
Dec 20191761,79259.012.30$14,515
Nov 201901,84555.302.75$5,075
Oct 20191572,23753.472.42$13,805
Sep 201902,14355.052.66$5,695
Aug 201901,93353.112.30$4,454
Jul 20191702,07756.272.46$14,675
Jun 201901,54752.782.49$3,854
May 201902,18158.482.74$5,977
Apr 20191693,08162.632.75$19,059
Mar 201901,02056.803.06$3,123
Feb 2019022450.852.79$625
Jan 201902,43746.033.23$7,867
Dec 201801,43546.594.19$6,006
Nov 20181702,16252.934.24$18,159
Oct 201801,64661.443.40$5,593
Sep 201802,00959.543.11$6,244
Aug 20181703,09759.403.07$19,595
Jul 201802,98365.142.93$8,746
Jun 20181752,47560.183.08$18,147
May 20181802,24865.382.90$18,289
Apr 201802,31863.842.90$6,724
Mar 20181682,38861.222.79$16,940
Feb 20181741,31361.782.77$14,382
Jan 201801,03762.874.01$4,158
Dec 201701,74257.272.92$5,089
Nov 20171611,60255.423.12$13,918
Oct 201702,19349.292.98$6,543
Sep 201702,55747.523.09$7,894
Aug 20173443,05945.373.00$24,798
Jul 201703,06243.873.09$9,453
Jun 20171713,47042.493.09$17,979
May 20171643,90645.373.26$20,188
Apr 201703,70947.933.21$11,912
Mar 20171653,54946.772.98$18,306
Feb 201703,23250.452.95$9,543
Jan 20171752,98749.413.42$18,859
Dec 201603,27148.763.72$12,177
Nov 20161703,55542.492.64$16,624
Oct 201603,68646.193.09$11,391
Sep 20161673,77141.553.10$18,631
Aug 20161724,58641.442.92$20,539
Jul 201605,03841.622.92$14,733
Jun 20161673,72445.352.69$17,575
May 20161714,78242.521.99$16,792
Apr 201604,90936.561.99$9,774
Mar 20163595,45533.011.79$21,637
Feb 20161805,04426.472.06$15,174
Jan 20161905,48227.352.36$18,158
Dec 20151755,25432.362.00$16,178
Nov 20151875,61538.792.17$19,423
Oct 20151875,97943.552.43$22,652
Sep 20151806,02642.992.76$24,360
Aug 20151846,51640.162.87$26,107
Jul 20153656,15648.152.95$35,705
Jun 20151726,55256.152.88$28,546
May 20151856,75055.212.96$30,163
Apr 20151866,91849.822.71$27,991
Mar 20153446,61842.892.93$34,176
Feb 20151794,13644.662.98$20,304
Jan 20153504,97443.433.10$30,623
Dec 20141835,15954.693.59$28,536
Nov 201404,49770.464.25$19,121
Oct 20143634,23378.303.90$44,936
Sep 20141704,69986.164.05$33,657
Aug 20143614,23889.394.04$49,371
Jul 201404,73296.564.18$19,778
Jun 20143774,46298.164.74$58,142
May 20143665,47894.734.73$60,563
Apr 20141754,49595.944.81$38,406
Mar 20141834,21995.895.06$38,883
Feb 20145394,56197.406.19$80,740
Jan 20141716,79390.404.86$48,477
Dec 20133437,17991.824.35$62,755
Nov 20133616,16688.853.74$55,125
Oct 20133516,54997.423.78$58,945
Sep 20133416,443104.113.72$59,455
Aug 20135176,883104.253.52$78,143
Jul 20137226,928102.523.72$99,776
Jun 20133466,15894.403.93$56,884
May 20133585,64094.834.15$57,350
Apr 20133504,86993.964.28$53,738
Mar 20133427,21793.623.91$60,257
Feb 20135106,34191.233.42$68,213
Jan 20133437,13591.603.42$55,820
Dec 20125187,98586.773.42$72,257
Nov 20123539,09886.953.62$63,673
Oct 201252811,14989.383.40$85,096
Sep 201251810,26494.672.92$78,994
Aug 201268412,29792.662.91$99,141
Jul 201267913,55685.133.02$98,753
Jun 201267514,59779.822.52$90,649
May 201266816,23091.612.49$101,581
Apr 201295314,661101.652.00$126,148
Mar 20121,02913,501105.052.22$138,097
Feb 201285610,182101.102.57$112,712
Jan 20121,5395,03798.092.73$164,732
Dec 201154231596.873.24$53,524
Nov 201102895.723.31$93
Oct 20119775,91584.983.65$104,607
Sep 20111,59114,10083.623.99$189,239
Aug 20111,94317,98883.404.15$236,684
Jul 20112,82921,96194.144.52$365,525
Jun 20111,95410,59992.904.64$230,705
May 20114,20027,54398.134.40$533,468
Apr 20116,83311,146105.964.33$772,323
Mar 20119,8633,50296.364.06$964,607
Feb 20113,9062,16885.644.18$343,572

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
Condensate             0 bbl  × $106.41 =         $0
Gas                  880 Mcf  × $  3.05 =     $2,680

────────────────────────────────────────────────────
Month total                                   $2,680

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/273686 is the state's own key, not one this site invented.