WATKINS

Operated by BEAR CREEK OPERATING (P-5 60119) in the PANHANDLE, WEST field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 158487District 10Field 68831001CondensateGasSaveExport
Value, all time
$435 k
Apr 1996 – May 2026
Value, last 12 filed months
$0
at the published price for each month
Months reported
362
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 4,532 leases and 4,532 wells, and the rule below applies to all of them.

Discovered
1933-02-08
as the register files it
Field class
Gas
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 160 acres. The field rule took effect on 2013-11-12.

The Commission's schedule remark for this field reads: IS HEREBY SUSPENDED.

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
CondensateDisposition4,616 bbl$348,154
GasProduction24,527 Mcf$86,513
Total$434,667

4,124 Mcf of this lease's gas, across 9 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 35.7291, -101.3146. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

35.72906, -101.31464 · 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
2,840 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 2,840 ft.

Completions filed
Apr 1996
1 of 1 wells

1 well

42-2331013442,840 ftApr 1996

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 (362)

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

362 months

May 202600106.413.05$0
Apr 20260098.932.87$0
Mar 20260089.753.15$0
Feb 20260063.503.75$0
Jan 20260059.138.00$0
Dec 20250056.664.41$0
Nov 20250058.593.93$0
Oct 20250059.383.30$0
Sep 20250062.743.08$0
Aug 20250063.933.01$0
Jul 20250066.743.32$0
Jun 20250066.483.13$0
May 20250060.553.23$0
Apr 20250062.363.54$0
Mar 20250067.704.27$0
Feb 20250070.884.34$0
Jan 20250074.324.28$0
Dec 20240068.993.12$0
Nov 20240069.052.20$0
Oct 20240071.372.28$0
Sep 20240069.612.36$0
Aug 20240075.632.06$0
Jul 20240079.932.15$0
Jun 20240078.082.63$0
May 202443078.812.20$3,389
Apr 20240084.451.66$0
Mar 20240080.301.55$0
Feb 20240076.091.78$0
Jan 20240073.023.30$0
Dec 20230071.262.61$0
Nov 20230077.892.81$0
Oct 20230085.443.09$0
Sep 20230089.042.74$0
Aug 20230080.522.67$0
Jul 202340074.852.64$2,994
Jun 202303768.962.26$84
May 202309970.622.23$221
Apr 2023011978.122.24$266
Mar 2023010972.852.39$261
Feb 20230075.112.47$0
Jan 20230076.533.39$0
Dec 20220076.415.73$0
Nov 20220085.005.65$0
Oct 20220087.185.86$0
Sep 20220084.888.16$0
Aug 2022014194.529.13$1,287
Jul 202200101.587.54$0
Jun 2022027115.097.98$215
May 202200109.378.43$0
Apr 2022030104.226.84$205
Mar 202200108.885.08$0
Feb 20220091.054.86$0
Jan 20220081.844.54$0
Dec 20210071.323.90$0
Nov 20210077.435.24$0
Oct 20210079.795.71$0
Sep 202133069.865.35$2,305
Aug 20210066.024.22$0
Jul 20210070.783.98$0
Jun 202178069.493.38$5,420
May 20210063.483.02$0
Apr 20210060.362.76$0
Mar 20210061.302.72$0
Feb 20210057.805.55$0
Jan 20210050.412.81$0
Dec 20200044.642.68$0
Nov 20200038.772.71$0
Oct 20200036.972.48$0
Sep 20200037.091.99$0
Aug 2020364139.982.39$1,537
Jul 2020315038.371.83$1,281
Jun 202002234.901.69$37
May 202042916.921.81$727
Apr 202002214.751.80$40
Mar 202005530.341.86$102
Feb 20200749.881.98$14
Jan 202038357.252.09$2,182
Dec 201906559.012.30$150
Nov 2019388455.302.75$2,332
Oct 201902353.472.42$56
Sep 201909155.052.66$242
Aug 2019304453.112.30$1,695
Jul 201902456.272.46$59
Jun 201901152.782.49$27
May 2019441958.482.74$2,625
Apr 201905162.632.75$140
Mar 20194310456.803.06$2,761
Feb 201903750.852.79$103
Jan 201902746.033.23$87
Dec 201802046.594.19$84
Nov 201801052.934.24$42
Oct 2018454161.443.40$2,904
Sep 201806559.543.11$202
Aug 201806859.403.07$209
Jul 2018443565.142.93$2,969
Jun 201805460.183.08$166
May 201804865.382.90$139
Apr 201801063.842.90$29
Mar 20180961.222.79$25
Feb 2018401561.782.77$2,513
Jan 20180962.874.01$36
Dec 20170757.272.92$20
Nov 20170755.423.12$22
Oct 20170749.292.98$21
Sep 20170347.523.09$9
Aug 2017442445.373.00$2,068
Jul 201702243.873.09$68
Jun 201705242.493.09$161
May 2017435745.373.26$2,137
Apr 201703947.933.21$125
Mar 2017419146.772.98$2,189
Feb 201709350.452.95$275
Jan 201707249.413.42$246
Dec 201607248.763.72$268
Nov 2016012142.492.64$320
Oct 2016459546.193.09$2,372
Sep 2016011741.553.10$363
Aug 2016013341.442.92$389
Jul 2016013141.622.92$383
Jun 2016012045.352.69$322
May 2016453242.521.99$1,977
Apr 201605236.561.99$104
Mar 2016012633.011.79$226
Feb 20164513626.472.06$1,472
Jan 2016014527.352.36$343
Dec 20154414732.362.00$1,718
Nov 2015015938.792.17$345
Oct 2015014743.552.43$357
Sep 20154315442.992.76$2,273
Aug 201513813740.162.87$5,936
Jul 20154312048.152.95$2,424
Jun 20154312456.152.88$2,772
May 2015011955.212.96$352
Apr 201506949.822.71$187
Mar 20154514542.892.93$2,356
Feb 2015012444.662.98$369
Jan 2015414443.433.10$1,917
Dec 20144313454.693.59$2,833
Nov 201401470.464.25$60
Oct 201408178.303.90$316
Sep 20144313786.164.05$4,259
Aug 20144411689.394.04$4,401
Jul 20144415896.564.18$4,909
Jun 201417615198.164.74$17,991
May 20144411094.734.73$4,688
Apr 201406095.944.81$289
Mar 20144414795.895.06$4,963
Feb 20144312797.406.19$4,975
Jan 2014016290.404.86$787
Dec 2013445991.824.35$4,297
Nov 20134312688.853.74$4,292
Oct 20134512797.423.78$4,864
Sep 20130132104.113.72$491
Aug 201341147104.253.52$4,792
Jul 20130137102.523.72$509
Jun 2013447594.403.93$4,449
May 2013447194.834.15$4,467
Apr 201303293.964.28$137
Mar 2013463293.623.91$4,432
Feb 201301191.233.42$38
Jan 20134613391.603.42$4,668
Dec 2012012586.773.42$428
Nov 2012466486.953.62$4,232
Oct 20124615089.383.40$4,621
Sep 2012445894.672.92$4,335
Aug 20124415292.662.91$4,519
Jul 2012016785.133.02$504
Jun 20124417079.822.52$3,940
May 20124513891.612.49$4,466
Apr 20124263101.652.00$4,395
Mar 201245141105.052.22$5,041
Feb 201244121101.102.57$4,759
Jan 20124614298.092.73$4,900
Dec 20114512296.873.24$4,754
Nov 2011012195.723.31$401
Oct 20114413284.983.65$4,221
Sep 20114614183.623.99$4,409
Aug 20114515883.404.15$4,409
Jul 20114312194.144.52$4,595
Jun 2011446092.904.64$4,366
May 20114412498.134.40$4,864
Apr 2011046105.964.33$199
Mar 2011891796.364.06$8,645
Feb 2011014185.644.18$589
Jan 20114116286.504.59$4,290
Dec 20104616985.734.35$4,678
Nov 20104620180.843.80$4,482
Oct 2010445078.103.51$3,612
Sep 201004072.633.98$159
Aug 20104317473.684.42$3,937
Jul 2010011972.554.74$564
Jun 201013013270.364.91$9,795
May 2010456871.124.24$3,488
Apr 201043181.694.12$3,517
Mar 201004678.394.39$202
Feb 201037073.585.44$2,722
Jan 20104510974.365.96$3,996
Dec 20094714971.445.48$4,175
Nov 20094418774.593.75$3,983
Oct 20094219172.544.11$3,832
Sep 20094517465.543.06$3,483
Aug 20091714867.423.22$1,622
Jul 20093514961.133.46$2,656
Jun 20091814666.163.90$1,760
May 2009188854.743.93$1,331
Apr 20091813646.773.59$1,330
Mar 20091712342.144.06$1,216
Feb 2009546532.814.63$2,073
Jan 20091811935.865.37$1,285
Dec 2008178337.105.98$1,127
Nov 20081711555.496.86$1,732
Oct 20081811875.246.92$2,171
Sep 200818138101.767.88$2,919
Aug 200818117114.228.48$3,048
Jul 200817136131.0811.39$3,777
Jun 200835131131.3313.03$6,304
May 200818134123.1711.57$3,768
Apr 200835113110.3110.45$5,042
Mar 200818137101.909.66$3,158
Feb 20081711692.538.77$2,590
Jan 20088817990.388.21$9,422
Dec 20078716688.337.30$8,897
Nov 2007018491.677.29$1,342
Oct 200713320782.856.92$12,452
Sep 20078922675.846.24$8,161
Aug 200713328469.066.39$10,999
Jul 200703670.906.39$230
Jun 20070062.007.55$0
May 20070058.747.85$0
Apr 20070059.617.81$0
Mar 20070056.927.30$0
Feb 20070055.108.22$0
Jan 20070050.306.73$0
Dec 20060056.656.92$0
Nov 20060054.207.62$0
Oct 20060054.906.01$0
Sep 20060060.085.04$0
Aug 20060068.717.34$0
Jul 20060069.376.34$0
Jun 20060066.286.38$0
May 20060066.016.42$0
Apr 20060064.397.36$0
Mar 20060056.707.08$0
Feb 20060057.597.75$0
Jan 20060060.598.93$0
Dec 20050054.9413.42$0
Nov 20050054.6910.59$0
Oct 20050058.3413.80$0
Sep 20050061.4512.08$0
Aug 20050061.519.80$0
Jul 20050055.697.84$0
Jun 20050052.337.38$0
May 20050045.226.65$0
Apr 20050049.207.36$0
Mar 20050050.377.15$0
Feb 20050045.226.31$0
Jan 20050043.166.32$0
Dec 20040039.866.75$0
Nov 20040045.286.33$0
Oct 20040049.706.52$0
Sep 20040043.245.28$0
Aug 20040042.375.55$0
Jul 20040038.286.08$0
Jun 20040036.106.43$0
May 20040037.486.49$0
Apr 20040034.475.86$0
Mar 20040034.365.53$0
Feb 20040032.455.51$0
Jan 20040032.036.30$0
Dec 20030030.266.30$0
Nov 20030028.804.60$0
Oct 20030028.174.76$0
Sep 20030026.314.75$0
Aug 20030029.765.13$0
Jul 20030029.415.17$0
Jun 20030028.565.98$0
May 20030026.595.97$0
Apr 20030026.675.41$0
Mar 20030031.146.10$0
Feb 20030033.487.93$0
Jan 20030030.315.58$0
Dec 20020026.914.85$0
Nov 20020024.664.14$0
Oct 20020026.464.23$0
Sep 20020027.443.64$0
Aug 20020025.963.16$0
Jul 20020024.583.06$0
Jun 20020023.733.34$0
May 20020024.663.58$0
Apr 20020023.653.51$0
Mar 20020022.003.10$0
Feb 20020018.222.38$0
Jan 20020017.172.38$0
Dec 20010016.932.36$0
Nov 20010018.072.41$0
Oct 20010019.782.53$0
Sep 20010024.262.25$0
Aug 200107024.873.05$214
Jul 2001012823.933.20$409
Jun 2001012424.563.82$474
May 200103525.524.31$151
Apr 200101824.685.34$96
Mar 20010524.545.38$27
Feb 20010127.755.77$6
Jan 2001038827.478.40$3,259
Dec 2000021826.889.12$1,989
Nov 2000015032.215.66$849
Oct 2000029831.235.15$1,533
Sep 20000031.875.19$0
Aug 200005729.644.54$259
Jul 2000031328.534.09$1,280
Jun 2000024429.304.40$1,073
May 2000028327.263.68$1,041
Apr 2000017524.513.12$545
Mar 2000010128.422.86$289
Feb 200004427.622.73$120
Jan 20000725.272.48$17
Dec 1999032424.282.42$785
Nov 1999020623.192.43$501
Oct 1999015820.982.80$443
Sep 199906021.752.62$157
Aug 199908419.262.88$242
Jul 19990017.892.37$0
Jun 19990015.942.36$0
May 19990015.792.32$0
Apr 19990015.102.21$0
Mar 19990012.471.84$0
Feb 1999009.981.82$0
Jan 19990010.381.90$0
Dec 1998009.201.77$0
Nov 19980010.892.19$0
Oct 19980012.421.97$0
Sep 19980012.592.08$0
Aug 19980011.301.91$0
Jul 19980011.742.24$0
Jun 19980011.242.24$0
May 19980012.622.21$0
Apr 19980013.042.51$0
Mar 19980012.802.31$0
Feb 19980013.952.30$0
Jan 19980014.702.15$0
Dec 19970016.322.41$0
Nov 19970018.193.09$0
Oct 199703119.253.15$98
Sep 199708017.742.95$236
Aug 1997010417.862.55$266
Jul 1997012717.582.25$285
Jun 1997012817.242.26$289
May 1997014118.972.31$326
Apr 1997013617.882.08$283
Mar 1997013918.951.94$270
Feb 1997013420.492.21$296
Jan 1997019523.483.54$690
Dec 199604823.32$0
Nov 1996040821.97$0
Oct 1996041323.31$0
Sep 1996024022.22$0
Aug 1996036520.26$0
Jul 1996051419.55$0
Jun 1996055818.73$0
May 1996088319.43$0
Apr 1996069521.51$0

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 2024 — as filed, then multipliedworked
Condensate            43 bbl  × $ 78.81 =     $3,389
Gas                    0 Mcf  × $  2.20 =         $0

────────────────────────────────────────────────────
Month total                                   $3,389

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. 10/G/158487 is the state's own key, not one this site invented.