WATERS, OLIVER N. "B"

Operated by LATIGO PETROLEUM, LLC (P-5 488260) in the LIPSCOMB (CLEVELAND) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 204130District 10Field 538692702 tax incentive programmesCondensateGasSaveExport
Value, all time
$1.7 M
Jun 2004 – May 2026
Value, last 12 filed months
$39 k
at the published price for each month
Months reported
264
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 1,389 leases and 1,486 wells, and the rule below applies to all of them.

Discovered
1958-05-24
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 40 acres. The field rule took effect on 2013-08-06.

The Commission's schedule remark for this field reads: FIELD

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 Gas112005-03-22160281
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
CondensateDisposition1,035 bbl$74,644
GasProduction314,544 Mcf$1,635,230
Total$1,709,874

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 36.1985, -100.3932. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

36.19847, -100.39315 · 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
8,052 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 8,052 ft.

Completions filed
Jun 2004
1 of 1 wells

1 well

42-2953274054628,052 ftJun 2004

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 (264)

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

264 months

May 20260982106.413.05$2,991
Apr 2026095998.932.87$2,752
Mar 202601,01489.753.15$3,194
Feb 2026088963.503.75$3,334
Jan 202601,07859.138.00$8,622
Dec 2025097956.664.41$4,321
Nov 202501,05858.593.93$4,154
Oct 202501,46359.383.30$4,835
Sep 2025078062.743.08$2,400
Aug 2025031363.933.01$944
Jul 2025032666.743.32$1,081
Jun 2025027966.483.13$873
May 2025029560.553.23$954
Apr 2025028062.363.54$992
Mar 2025037767.704.27$1,609
Feb 2025032070.884.34$1,389
Jan 2025025074.324.28$1,070
Dec 2024021368.993.12$665
Nov 202409469.052.20$207
Oct 2024016271.372.28$370
Sep 2024013569.612.36$319
Aug 2024025275.632.06$520
Jul 2024027479.932.15$588
Jun 2024025278.082.63$664
May 2024026378.812.20$578
Apr 2024016084.451.66$265
Mar 2024022980.301.55$354
Feb 20240076.091.78$0
Jan 20240073.023.30$0
Dec 2023022371.262.61$582
Nov 2023029677.892.81$831
Oct 2023081985.443.09$2,528
Sep 2023078489.042.74$2,144
Aug 2023080480.522.67$2,149
Jul 2023080974.852.64$2,137
Jun 2023079168.962.26$1,786
May 2023082270.622.23$1,831
Apr 2023079178.122.24$1,770
Mar 2023079172.852.39$1,893
Feb 2023069275.112.47$1,706
Jan 2023075576.533.39$2,558
Dec 2022072176.415.73$4,131
Nov 2022054385.005.65$3,066
Oct 2022069887.185.86$4,093
Sep 2022058684.888.16$4,784
Aug 2022052494.529.13$4,783
Jul 20220754101.587.54$5,687
Jun 20220817115.097.98$6,517
May 202200109.378.43$0
Apr 20220789104.226.84$5,395
Mar 20220797108.885.08$4,046
Feb 2022087891.054.86$4,266
Jan 2022079881.844.54$3,621
Dec 2021068371.323.90$2,663
Nov 2021055677.435.24$2,912
Oct 2021044479.795.71$2,537
Sep 2021023469.865.35$1,252
Aug 2021045566.024.22$1,920
Jul 2021063770.783.98$2,537
Jun 2021059069.493.38$1,995
May 2021060763.483.02$1,832
Apr 2021059760.362.76$1,647
Mar 2021058361.302.72$1,584
Feb 2021044357.805.55$2,458
Jan 2021080850.412.81$2,271
Dec 2020081144.642.68$2,170
Nov 2020053738.772.71$1,453
Oct 2020053736.972.48$1,331
Sep 2020095637.091.99$1,903
Aug 2020097739.982.39$2,330
Jul 2020097138.371.83$1,772
Jun 2020092734.901.69$1,567
May 202001,01116.921.81$1,835
Apr 2020097814.751.80$1,765
Mar 202001,02430.341.86$1,901
Feb 202001,21949.881.98$2,414
Jan 2020036657.252.09$767
Dec 201901,04759.012.30$2,413
Nov 2019087155.302.75$2,396
Oct 2019096853.472.42$2,341
Sep 2019095555.052.66$2,538
Aug 2019090853.112.30$2,092
Jul 2019090456.272.46$2,224
Jun 2019094252.782.49$2,347
May 2019089058.482.74$2,439
Apr 2019075662.632.75$2,080
Mar 2019082956.803.06$2,538
Feb 2019072950.852.79$2,036
Jan 2019088746.033.23$2,863
Dec 2018089246.594.19$3,733
Nov 2018091852.934.24$3,890
Oct 2018095161.443.40$3,232
Sep 2018097359.543.11$3,024
Aug 2018089959.403.07$2,757
Jul 201801,02465.142.93$3,002
Jun 201801,00260.183.08$3,083
May 201801,06665.382.90$3,092
Apr 201801,09863.842.90$3,185
Mar 201801,41761.222.79$3,949
Feb 2018076161.782.77$2,105
Jan 201801362.874.01$52
Dec 201701357.272.92$38
Nov 2017052355.423.12$1,631
Oct 201741,01549.292.98$3,226
Sep 2017097747.523.09$3,016
Aug 2017042145.373.00$1,265
Jul 2017051943.873.09$1,602
Jun 2017057142.493.09$1,763
May 2017080345.373.26$2,621
Apr 2017064247.933.21$2,062
Mar 2017065746.772.98$1,960
Feb 2017061350.452.95$1,810
Jan 2017085949.413.42$2,937
Dec 2016090048.763.72$3,351
Nov 2016082942.492.64$2,192
Oct 2016090146.193.09$2,784
Sep 201601,00141.553.10$3,104
Aug 2016099341.442.92$2,904
Jul 201601,20441.622.92$3,521
Jun 201601,11045.352.69$2,981
May 2016019342.521.99$384
Apr 2016053736.561.99$1,069
Mar 2016081333.011.79$1,459
Feb 2016058226.472.06$1,201
Jan 2016082527.352.36$1,951
Dec 2015073732.362.00$1,475
Nov 2015079638.792.17$1,725
Oct 2015055843.552.43$1,354
Sep 2015060542.992.76$1,669
Aug 2015071240.162.87$2,045
Jul 2015082748.152.95$2,436
Jun 2015080356.152.88$2,315
May 2015056455.212.96$1,667
Apr 2015070149.822.71$1,897
Mar 2015046642.892.93$1,368
Feb 2015065944.662.98$1,961
Jan 2015046143.433.10$1,429
Dec 2014065354.693.59$2,345
Nov 2014048370.464.25$2,054
Oct 201401,10078.303.90$4,291
Sep 2014098186.164.05$3,969
Aug 2014093189.394.04$3,757
Jul 2014042696.564.18$1,781
Jun 2014077698.164.74$3,676
May 2014046994.734.73$2,217
Apr 2014038195.944.81$1,832
Mar 2014040695.895.06$2,053
Feb 2014040597.406.19$2,508
Jan 2014057690.404.86$2,800
Dec 2013068691.824.35$2,987
Nov 2013068588.853.74$2,561
Oct 2013092697.423.78$3,500
Sep 20130830104.113.72$3,086
Aug 20130896104.253.52$3,156
Jul 20130750102.523.72$2,788
Jun 201318297494.403.93$21,012
May 201301,26894.834.15$5,261
Apr 2013067493.964.28$2,886
Mar 201301,28093.623.91$5,008
Feb 2013090391.233.42$3,088
Jan 2013090391.603.42$3,088
Dec 2012051786.773.42$1,768
Nov 201201,77386.953.62$6,427
Oct 201202,10989.383.40$7,170
Sep 2012084694.672.92$2,469
Aug 20120092.662.91$0
Jul 2012056785.133.02$1,713
Jun 201201,10679.822.52$2,786
May 201201,06691.612.49$2,653
Apr 201201,063101.652.00$2,123
Mar 20120944105.052.22$2,098
Feb 201201,186101.102.57$3,048
Jan 201201,17898.092.73$3,221
Dec 201101,26696.873.24$4,102
Nov 201101,27895.723.31$4,232
Oct 201101,37284.983.65$5,006
Sep 2011036683.623.99$1,459
Aug 201101,17883.404.15$4,888
Jul 2011068894.144.52$3,108
Jun 201101,00192.904.64$4,645
May 201101,31698.134.40$5,797
Apr 201101,605105.964.33$6,955
Mar 201101,01196.364.06$4,102
Feb 201101,32785.644.18$5,547
Jan 201101,64886.504.59$7,562
Dec 20101831,55885.734.35$22,462
Nov 201001,62780.843.80$6,175
Oct 201001,77878.103.51$6,239
Sep 201001,76172.633.98$7,008
Aug 201001,89773.684.42$8,384
Jul 201001,40072.554.74$6,631
Jun 201001,78170.364.91$8,745
May 201001,86371.124.24$7,890
Apr 201001,88681.694.12$7,775
Mar 201001,49178.394.39$6,544
Feb 201001,81473.585.44$9,872
Jan 201001,78274.365.96$10,628
Dec 200902,13571.445.48$11,708
Nov 200902,14874.593.75$8,058
Oct 200902,40872.544.11$9,897
Sep 200902,27465.543.06$6,969
Aug 200902,55067.423.22$8,207
Jul 20091842,82261.133.46$21,025
Jun 200902,77566.163.90$10,809
May 200901,93154.743.93$7,581
Apr 200901,55246.773.59$5,568
Mar 200901,54542.144.06$6,271
Feb 200901,51832.814.63$7,033
Jan 200901,91635.865.37$10,291
Dec 200802,34537.105.98$14,016
Nov 200803,09255.496.86$21,212
Oct 200801,95175.246.92$13,505
Sep 20080424101.767.88$3,340
Aug 20080342114.228.48$2,901
Jul 20080452131.0811.39$5,148
Jun 20080425131.3313.03$5,539
May 20080428123.1711.57$4,954
Apr 20080486110.3110.45$5,081
Mar 20080542101.909.66$5,238
Feb 2008054692.538.77$4,789
Jan 2008060890.388.21$4,989
Dec 2007064088.337.30$4,673
Nov 2007061891.677.29$4,506
Oct 2007066882.856.92$4,624
Sep 200701,15475.846.24$7,206
Aug 2007058069.066.39$3,705
Jul 2007050770.906.39$3,239
Jun 20071751,73762.007.55$23,962
May 200702,62758.747.85$20,612
Apr 200702,07659.617.81$16,204
Mar 200702,58856.927.30$18,898
Feb 200702,55355.108.22$20,975
Jan 200702,29050.306.73$15,404
Dec 200602,82756.656.92$19,558
Nov 200602,51454.207.62$19,150
Oct 200602,61354.906.01$15,714
Sep 200602,55760.085.04$12,880
Aug 200602,52468.717.34$18,526
Jul 200602,47269.376.34$15,679
Jun 200602,48266.286.38$15,845
May 20061622,33966.016.42$25,722
Apr 200602,63464.397.36$19,388
Mar 200602,96856.707.08$21,022
Feb 200602,42057.597.75$18,758
Jan 20061452,83760.598.93$34,129
Dec 200502,74254.9413.42$36,785
Nov 200503,12054.6910.59$33,036
Oct 200503,04558.3413.80$42,008
Sep 200503,07361.4512.08$37,119
Aug 200503,38061.519.80$33,113
Jul 200503,59355.697.84$28,182
Jun 200503,34652.337.38$24,697
May 200503,89645.226.65$25,913
Apr 200503,61149.207.36$26,579
Mar 200501,37350.377.15$9,824
Feb 200502,96245.226.31$18,696
Jan 200503,43043.166.32$21,685
Dec 200403,04839.866.75$20,577
Nov 200404,77045.286.33$30,196
Oct 200404,34349.706.52$28,295
Sep 200403,88843.245.28$20,544
Aug 200405,11342.375.55$28,381
Jul 200405,79038.286.08$35,227
Jun 200404,17136.106.43$26,832

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                  982 Mcf  × $  3.05 =     $2,991

────────────────────────────────────────────────────
Month total                                   $2,991

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/204130 is the state's own key, not one this site invented.