WATERFIELD, J.B.

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 264969District 10Field 604625002 tax incentive programmesCondensateGasSaveExport
Value, all time
$8.6 M
Mar 2011 – May 2026
Value, last 12 filed months
$148 k
at the published price for each month
Months reported
183
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 Gas112012-12-15207617
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
CondensateDisposition49,283 bbl$3,995,066
GasProduction1,281,629 Mcf$4,638,352
Total$8,633,418

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 35.9078, -100.5706. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

35.90777, -100.57064 · 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
10,015 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 10,015 ft.

Completions filed
Mar 2011
1 of 1 wells

1 well

42-393323185H10,015 ftMar 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 (183)

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

183 months

May 20261682,787106.413.05$26,366
Apr 202602,79898.932.87$8,029
Mar 20261712,09589.753.15$21,945
Feb 202601,91963.503.75$7,197
Jan 202601,84459.138.00$14,748
Dec 202502,05656.664.41$9,074
Nov 20251731,97558.593.93$17,891
Oct 202502,04159.383.30$6,745
Sep 202501,92762.743.08$5,929
Aug 20251822,06663.933.01$17,864
Jul 202502,05966.743.32$6,826
Jun 202501,84866.483.13$5,782
May 202502,09760.553.23$6,778
Apr 20253352,02962.363.54$28,080
Mar 202502,11767.704.27$9,036
Feb 202501,75070.884.34$7,596
Jan 202501,70974.324.28$7,312
Dec 202401,83868.993.12$5,737
Nov 202401,93269.052.20$4,247
Oct 202402,02971.372.28$4,629
Sep 20241791,99369.612.36$17,172
Aug 202402,09675.632.06$4,325
Jul 202402,08079.932.15$4,465
Jun 202401,97978.082.63$5,213
May 202402,07678.812.20$4,564
Apr 202402,01484.451.66$3,342
Mar 20241672,02080.301.55$16,531
Feb 202401,61076.091.78$2,872
Jan 202401,42973.023.30$4,712
Dec 202302,40471.262.61$6,276
Nov 202302,23377.892.81$6,269
Oct 202302,23385.443.09$6,894
Sep 20231722,68789.042.74$22,664
Aug 202302,81280.522.67$7,516
Jul 20231713,11474.852.64$21,026
Jun 20231642,54668.962.26$17,060
May 202303,01770.622.23$6,720
Apr 20231613,03878.122.24$19,376
Mar 20231493,17672.852.39$18,455
Feb 202302,80175.112.47$6,906
Jan 20231782,99276.533.39$23,758
Dec 202203,07576.415.73$17,617
Nov 20221692,90185.005.65$30,745
Oct 20221703,05087.185.86$32,705
Sep 202202,92884.888.16$23,903
Aug 20221682,89494.529.13$42,293
Jul 202202,826101.587.54$21,314
Jun 20221732,969115.097.98$43,595
May 202202,889109.378.43$24,363
Apr 20221762,852104.226.84$37,844
Mar 202202,887108.885.08$14,656
Feb 20221642,72291.054.86$28,158
Jan 202202,97481.844.54$13,495
Dec 202102,97071.323.90$11,580
Nov 20211782,82077.435.24$28,550
Oct 202102,93679.795.71$16,776
Sep 20211702,89969.865.35$27,389
Aug 202103,08566.024.22$13,021
Jul 20211723,23770.783.98$25,064
Jun 202103,05369.493.38$10,321
May 20211743,13763.483.02$20,512
Apr 202103,10560.362.76$8,565
Mar 20211793,32661.302.72$20,009
Feb 202102,71857.805.55$15,079
Jan 20211773,30750.412.81$18,216
Dec 20201743,39544.642.68$16,851
Nov 202003,34338.772.71$9,048
Oct 20201783,23736.972.48$14,603
Sep 20201733,31437.091.99$13,015
Aug 202003,50539.982.39$8,360
Jul 20201713,56338.371.83$13,064
Jun 20201773,31434.901.69$11,779
May 202003,62616.921.81$6,580
Apr 20201793,68714.751.80$9,293
Mar 202023,17630.341.86$5,956
Feb 20201753,01649.881.98$14,703
Jan 20201773,33157.252.09$17,111
Dec 201903,57659.012.30$8,240
Nov 20191733,52355.302.75$19,258
Oct 20191743,67653.472.42$18,194
Sep 201903,60955.052.66$9,590
Aug 20191843,76053.112.30$18,437
Jul 20191863,78956.272.46$19,787
Jun 201903,69652.782.49$9,207
May 20191733,83458.482.74$20,623
Apr 20191803,73262.632.75$21,539
Mar 201903,90856.803.06$11,967
Feb 20191813,51750.852.79$19,024
Jan 20191683,90646.033.23$20,342
Dec 20181783,93546.594.19$24,763
Nov 20181763,87952.934.24$25,752
Oct 201804,02661.443.40$13,681
Sep 20181853,94359.543.11$23,270
Aug 20181724,10059.403.07$22,790
Jul 20181784,13365.142.93$23,712
Jun 20181644,01160.183.08$22,211
May 201804,17765.382.90$12,117
Apr 20181674,08363.842.90$22,505
Mar 20181784,29061.222.79$22,853
Feb 20183353,94261.782.77$31,600
Jan 201804,40662.874.01$17,665
Dec 20171814,47757.272.92$23,446
Nov 20171884,29155.423.12$23,800
Oct 20171634,55949.292.98$21,637
Sep 20171744,56347.523.09$22,356
Aug 20171654,48745.373.00$20,967
Jul 20171794,45943.873.09$21,619
Jun 201704,28442.493.09$13,226
May 20171774,84845.373.26$23,851
Apr 20173464,68047.933.21$31,614
Mar 20173434,80546.772.98$30,379
Feb 20171734,31950.452.95$21,480
Jan 201704,70349.413.42$16,079
Dec 20163404,91348.763.72$34,869
Nov 20161804,79942.492.64$20,338
Oct 2016020846.193.09$643
Sep 20161794,79741.553.10$22,311
Aug 20161755,11641.442.92$22,213
Jul 20161755,16741.622.92$22,394
Jun 20163445,09945.352.69$29,295
May 20161725,32342.521.99$17,912
Apr 20161745,20936.561.99$16,733
Mar 20161815,44433.011.79$15,741
Feb 20161745,17426.472.06$15,283
Jan 20163425,79327.352.36$23,050
Dec 20153595,75632.362.00$23,137
Nov 20151635,68038.792.17$18,633
Oct 20151686,10443.552.43$22,128
Sep 20151766,44742.992.76$25,350
Aug 20155145,65840.162.87$36,895
Jul 201505,52748.152.95$16,277
Jun 20153665,45256.152.88$36,268
May 201505,58755.212.96$16,512
Apr 20153385,39949.822.71$31,452
Mar 20151945,58842.892.93$24,720
Feb 20151775,47744.662.98$24,205
Jan 20153396,41443.433.10$34,610
Dec 20141786,50154.693.59$33,082
Nov 20143416,35270.464.25$51,035
Oct 20141976,57878.303.90$41,086
Sep 20141746,39486.164.05$40,858
Aug 20145466,68989.394.04$75,798
Jul 20141697,00596.564.18$45,597
Jun 20141746,75598.164.74$49,077
May 20143506,49794.734.73$63,864
Apr 20141726,67295.944.81$48,588
Mar 20145267,06195.895.06$86,144
Feb 20141737,02097.406.19$60,318
Jan 20143507,69290.404.86$69,029
Dec 20133387,79191.824.35$64,961
Nov 20131777,78088.853.74$44,810
Oct 20135238,61197.423.78$83,495
Sep 20133468,476104.113.72$67,534
Aug 20135149,339104.253.52$86,482
Jul 20135329,844102.523.72$91,138
Jun 20133469,43294.403.93$69,762
May 201353110,01794.834.15$91,916
Apr 20133529,74993.964.28$74,825
Mar 201317410,48893.623.91$57,328
Feb 20135328,81191.233.42$78,667
Jan 20131,06311,95491.603.42$138,252
Dec 201234312,56386.773.42$72,730
Nov 20126529,87686.953.62$92,492
Oct 20127189,36489.383.40$96,009
Sep 201217910,95894.672.92$48,926
Aug 201270112,95992.662.91$102,642
Jul 201271413,52285.133.02$101,630
Jun 201288414,68279.822.52$107,545
May 201235716,86391.612.49$74,665
Apr 20121,26311,530101.652.00$151,407
Mar 201235714,016105.052.22$68,648
Feb 201217814,081101.102.57$54,187
Jan 20121,24518,49698.092.73$172,692
Dec 201153720,22896.873.24$117,553
Nov 20111,08216,58895.723.31$158,497
Oct 20111,05524,64484.983.65$179,569
Sep 20111,24621,82683.623.99$191,185
Aug 20111,42331,59083.404.15$249,755
Jul 20111,76637,91794.144.52$337,531
Jun 20111,74844,93492.904.64$370,878
May 20112,62260,33798.134.40$523,070
Apr 20113,20984,929105.964.33$708,047
Mar 20111,909108,82896.364.06$625,503

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           168 bbl  × $106.41 =    $17,877
Gas                2,787 Mcf  × $  3.05 =     $8,489

────────────────────────────────────────────────────
Month total                                  $26,366

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/264969 is the state's own key, not one this site invented.