WATERFIELD

Operated by UNIT PETROLEUM COMPANY (P-5 877099) in the MENDOTA, NW. (GRANITE WASH) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 262731District 10Field 604625002 tax incentive programmesCondensateGasSaveExport
Value, all time
$11.5 M
Feb 2011 – May 2026
Value, last 12 filed months
$186 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 718 leases and 729 wells, and the rule below applies to all of them.

Discovered
1965-01-23
as the register files it
Field class
Oil and gas
the register's own label
Between wells
467 ft
minimum
From a lease line
467 ft
minimum

A drilling unit in this field needs at least 80 acres. The field rule took effect on 2011-06-27.

The Commission's schedule remark for this field reads: WASH) FIELD EFFECTIVE 12/05/17.

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 Gas112012-07-18205726
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
CondensateDisposition49,158 bbl$4,146,777
GasProduction2,107,748 Mcf$7,386,089
Total$11,532,866

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 35.8831, -100.5554. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

35.88313, -100.55539 · 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
9,974 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 9,974 ft.

Completions filed
Feb 2011
1 of 1 wells

1 well

42-393323249H9,974 ftFeb 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 202603,453106.413.05$10,517
Apr 2026983,06198.932.87$18,479
Mar 202603,36389.753.15$10,592
Feb 202603,12763.503.75$11,727
Jan 202602,80459.138.00$22,426
Dec 20251814,42056.664.41$29,763
Nov 202503,24558.593.93$12,741
Oct 202504,61259.383.30$15,242
Sep 202503,16762.743.08$9,745
Aug 20251773,54063.933.01$21,988
Jul 202503,69066.743.32$12,233
Jun 202503,49466.483.13$10,932
May 202504,03460.553.23$13,039
Apr 202503,70862.363.54$13,138
Mar 20251823,96567.704.27$29,245
Feb 202503,09970.884.34$13,452
Jan 202503,08774.324.28$13,208
Dec 20241573,97868.993.12$23,248
Nov 202403,59869.052.20$7,910
Oct 202403,41571.372.28$7,791
Sep 202401,81069.612.36$4,279
Aug 202403,79375.632.06$7,827
Jul 20241783,73579.932.15$22,245
Jun 202403,75678.082.63$9,893
May 202404,03878.812.20$8,877
Apr 20241813,82984.451.66$21,639
Mar 202404,21880.301.55$6,517
Feb 202403,85376.091.78$6,872
Jan 202403,68373.023.30$12,145
Dec 202304,06971.262.61$10,623
Nov 202303,82477.892.81$10,736
Oct 20231794,26085.443.09$28,446
Sep 202304,25489.042.74$11,635
Aug 202304,39580.522.67$11,747
Jul 202303,61974.852.64$9,561
Jun 20231723,90468.962.26$20,678
May 202304,27770.622.23$9,527
Apr 202304,18078.122.24$9,354
Mar 20231764,21772.852.39$22,914
Feb 202303,78175.112.47$9,323
Jan 202304,06076.533.39$13,754
Dec 20221743,86476.415.73$35,433
Nov 202203,84785.005.65$21,721
Oct 202203,48687.185.86$20,441
Sep 20221754,78984.888.16$53,950
Aug 202205,31894.529.13$48,538
Jul 202205,839101.587.54$44,038
Jun 20221574,264115.097.98$52,084
May 202205,077109.378.43$42,815
Apr 202205,014104.226.84$34,284
Mar 20221735,124108.885.08$44,848
Feb 202203,99891.054.86$19,426
Jan 202204,72381.844.54$21,431
Dec 20211755,20871.323.90$32,788
Nov 202115,07077.435.24$26,628
Oct 20211765,36879.795.71$44,715
Sep 202105,18269.865.35$27,728
Aug 20211725,41966.024.22$34,227
Jul 202105,64270.783.98$22,467
Jun 202105,54669.493.38$18,749
May 20211795,86263.483.02$29,053
Apr 202105,73460.362.76$15,817
Mar 20211816,36761.302.72$28,394
Feb 202103,36957.805.55$18,691
Jan 20211775,54250.412.81$24,497
Dec 202005,41344.642.68$14,482
Nov 20201745,16538.772.71$20,725
Oct 202005,64936.972.48$14,001
Sep 202005,60137.091.99$11,152
Aug 20201765,74839.982.39$20,746
Jul 202005,83238.371.83$10,644
Jun 20201735,60434.901.69$15,510
May 202005,87016.921.81$10,653
Apr 20201715,55114.751.80$12,538
Mar 202025,71230.341.86$10,663
Feb 20201745,46649.881.98$19,505
Jan 202005,24457.252.09$10,985
Dec 20191795,89959.012.30$24,156
Nov 201905,68055.302.75$15,624
Oct 201905,73053.472.42$13,858
Sep 20191665,31455.052.66$23,259
Aug 201906,16753.112.30$14,211
Jul 20191706,35356.272.46$25,195
Jun 20191715,80752.782.49$23,492
May 201906,08258.482.74$16,667
Apr 201906,05262.632.75$16,647
Mar 20191816,31456.803.06$29,615
Feb 201905,03650.852.79$14,062
Jan 20191794,74946.033.23$23,570
Dec 201827,08946.594.19$29,764
Nov 20181846,00752.934.24$35,192
Oct 201806,64561.443.40$22,580
Sep 20181746,51959.543.11$30,621
Aug 20181746,92159.403.07$31,559
Jul 201806,70065.142.93$19,644
Jun 20181786,46860.183.08$30,614
May 201806,85765.382.90$19,891
Apr 20181907,11863.842.90$32,777
Mar 201807,81161.222.79$21,768
Feb 20181796,33661.782.77$28,585
Jan 20181677,81662.874.01$41,836
Dec 20171748,18457.272.92$33,875
Nov 201707,72655.423.12$24,092
Oct 20171808,36049.292.98$33,816
Sep 20171777,83747.523.09$32,606
Aug 20171778,15645.373.00$32,534
Jul 20171748,79843.873.09$34,795
Jun 20171787,89142.493.09$31,925
May 201708,08045.373.26$26,368
Apr 20171717,67847.933.21$32,855
Mar 20171737,72746.772.98$31,146
Feb 201706,83250.452.95$20,172
Jan 20171778,24349.413.42$36,927
Dec 20161837,98948.763.72$38,665
Nov 20161677,75642.492.64$27,605
Oct 201608,38646.193.09$25,915
Sep 20161718,02541.553.10$31,988
Aug 20161778,61341.442.92$32,522
Jul 20161718,52141.622.92$32,035
Jun 20161808,65645.352.69$31,412
May 20161729,39342.521.99$26,015
Apr 20161778,55836.561.99$23,510
Mar 20161778,80433.011.79$21,637
Feb 20161828,59026.472.06$22,544
Jan 201617610,16527.352.36$28,847
Dec 20151748,69932.362.00$23,041
Nov 20151889,55338.792.17$27,997
Oct 201509,57443.552.43$23,232
Sep 201534510,33042.992.76$43,326
Aug 2015010,54740.162.87$30,296
Jul 201535911,34748.152.95$50,704
Jun 201535410,75356.152.88$50,876
May 2015011,39655.212.96$33,680
Apr 201517411,37149.822.71$39,445
Mar 201517312,33842.892.93$43,628
Feb 2015012,39644.662.98$36,893
Jan 201517913,03843.433.10$48,200
Dec 201436013,99454.693.59$69,946
Nov 201417314,28670.464.25$72,931
Oct 201417515,34978.303.90$73,578
Sep 201454315,38886.164.05$109,036
Aug 201435316,94889.394.04$99,942
Jul 201434318,75396.564.18$111,500
Jun 201417819,39598.164.74$109,344
May 201405,46394.734.73$25,821
Apr 20140095.944.81$0
Mar 2014026195.895.06$1,320
Feb 201406897.406.19$421
Jan 20140090.404.86$0
Dec 20133682,75691.824.35$45,791
Nov 201317316,36788.853.74$76,555
Oct 201353517,79297.423.78$119,362
Sep 201333917,493104.113.72$100,328
Aug 201350919,084104.253.52$120,289
Jul 201335020,303102.523.72$111,363
Jun 201350420,17694.403.93$126,938
May 201351521,16394.834.15$136,644
Apr 201353320,66393.964.28$138,572
Mar 201389823,39993.623.91$175,628
Feb 201317917,99191.233.42$77,858
Jan 201373424,22591.603.42$150,082
Dec 201235121,39886.773.42$103,641
Nov 201289323,85686.953.62$164,123
Oct 201289427,00189.383.40$171,700
Sep 201235727,52694.672.92$114,129
Aug 201270530,43592.662.91$153,835
Jul 201253129,71985.133.02$134,979
Jun 20121,26323,79279.822.52$160,746
May 201252731,12391.612.49$125,722
Apr 20121,08329,702101.652.00$169,396
Mar 201253332,119105.052.22$127,363
Feb 20121,07933,435101.102.57$195,023
Jan 20121,06240,67298.092.73$215,372
Dec 201171037,15596.873.24$189,150
Nov 201117634,51995.723.31$131,149
Oct 201151834,45484.983.65$169,726
Sep 20111,22750,98383.623.99$305,810
Aug 20111,43560,13283.404.15$369,186
Jul 20111,55565,09394.144.52$440,428
Jun 20112,99283,05692.904.64$663,327
May 20112,46982,90698.134.40$607,469
Apr 20112,98065,030105.964.33$597,554
Mar 20115,81675,12896.364.06$865,250
Feb 20111956,49585.644.18$43,849

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                3,453 Mcf  × $  3.05 =    $10,517

────────────────────────────────────────────────────
Month total                                  $10,517

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/262731 is the state's own key, not one this site invented.