WATKINS

Operated by LARGE OPERATING LLC (P-5 486623) 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 266495District 10Field 68831001GasSaveExport
Value, all time
$366 k
May 2011 – May 2026
Value, last 12 filed months
$4 k
at the published price for each month
Months reported
181
no gaps in the span
Streams
1
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
GasProduction109,977 Mcf$365,764
Total$365,764

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 36.0245, -101.6023. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

36.02452, -101.60233 · 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
3,292 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 3,292 ft.

Completions filed
May 2011
1 of 1 wells

1 well

42-23331804K 23,292 ftMay 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 (181)

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

181 months

May 20260106.413.05$0
Apr 202650498.932.87$1,446
Mar 2026089.753.15$0
Feb 2026063.503.75$0
Jan 2026059.138.00$0
Dec 20253656.664.41$159
Nov 2025058.593.93$0
Oct 202530759.383.30$1,015
Sep 2025062.743.08$0
Aug 2025063.933.01$0
Jul 2025066.743.32$0
Jun 202541166.483.13$1,286
May 20251,00060.553.23$3,232
Apr 202586162.363.54$3,051
Mar 202528067.704.27$1,195
Feb 202570870.884.34$3,073
Jan 202552374.324.28$2,238
Dec 20243,84868.993.12$12,011
Nov 20241,11369.052.20$2,447
Oct 20241,33871.372.28$3,053
Sep 20241,58069.612.36$3,736
Aug 202425675.632.06$528
Jul 202438779.932.15$831
Jun 202414978.082.63$392
May 202495978.812.20$2,108
Apr 202472984.451.66$1,210
Mar 202414880.301.55$229
Feb 202450476.091.78$899
Jan 202471473.023.30$2,355
Dec 202393371.262.61$2,436
Nov 20231,34977.892.81$3,787
Oct 20231,39585.443.09$4,307
Sep 20231,90689.042.74$5,213
Aug 20231,22880.522.67$3,282
Jul 202365874.852.64$1,738
Jun 20231,27968.962.26$2,889
May 20231,35870.622.23$3,025
Apr 202393578.122.24$2,092
Mar 20231,71472.852.39$4,102
Feb 20231,04875.112.47$2,584
Jan 20231,59076.533.39$5,386
Dec 20221,22776.415.73$7,030
Nov 20222,04685.005.65$11,552
Oct 202244787.185.86$2,621
Sep 20221,51384.888.16$12,352
Aug 20221,61594.529.13$14,740
Jul 20221,373101.587.54$10,355
Jun 20221,426115.097.98$11,375
May 20221,078109.378.43$9,091
Apr 2022462104.226.84$3,159
Mar 20221,065108.885.08$5,406
Feb 202286391.054.86$4,193
Jan 20228081.844.54$363
Dec 2021071.323.90$0
Nov 2021277.435.24$10
Oct 2021079.795.71$0
Sep 20212,35469.865.35$12,596
Aug 20214466.024.22$186
Jul 20211,49570.783.98$5,953
Jun 20211,25269.493.38$4,233
May 20211,43063.483.02$4,315
Apr 20212,27660.362.76$6,278
Mar 20213,58761.302.72$9,746
Feb 20213,20157.805.55$17,759
Jan 20213,29950.412.81$9,271
Dec 20203,95344.642.68$10,576
Nov 20201,35138.772.71$3,657
Oct 202011636.972.48$288
Sep 202054337.091.99$1,081
Aug 20203,66839.982.39$8,749
Jul 20203,53338.371.83$6,448
Jun 20203,78934.901.69$6,405
May 20201,56516.921.81$2,840
Apr 2020014.751.80$0
Mar 20202,07930.341.86$3,859
Feb 20202,38149.881.98$4,716
Jan 20202,76857.252.09$5,798
Dec 20192,84959.012.30$6,565
Nov 2019055.302.75$0
Oct 2019053.472.42$0
Sep 2019055.052.66$0
Aug 2019053.112.30$0
Jul 2019056.272.46$0
Jun 20191,06452.782.49$2,651
May 20193,79158.482.74$10,389
Apr 20191,54762.632.75$4,255
Mar 20192,25956.803.06$6,917
Feb 2019050.852.79$0
Jan 2019046.033.23$0
Dec 2018046.594.19$0
Nov 2018052.934.24$0
Oct 2018061.443.40$0
Sep 2018059.543.11$0
Aug 2018059.403.07$0
Jul 2018065.142.93$0
Jun 2018060.183.08$0
May 20188665.382.90$249
Apr 20184163.842.90$119
Mar 2018561.222.79$14
Feb 2018061.782.77$0
Jan 2018062.874.01$0
Dec 20172457.272.92$70
Nov 20178755.423.12$271
Oct 20175249.292.98$155
Sep 20171247.523.09$37
Aug 20172245.373.00$66
Jul 2017543.873.09$15
Jun 20173942.493.09$120
May 2017145.373.26$3
Apr 20173147.933.21$100
Mar 20173246.772.98$95
Feb 20171550.452.95$44
Jan 20172349.413.42$79
Dec 20165348.763.72$197
Nov 201614042.492.64$370
Oct 20166546.193.09$201
Sep 201683041.553.10$2,574
Aug 2016141.442.92$3
Jul 201616641.622.92$485
Jun 201610345.352.69$277
May 20161942.521.99$38
Apr 20161336.561.99$26
Mar 20168333.011.79$149
Feb 20166426.472.06$132
Jan 20165327.352.36$125
Dec 20152432.362.00$48
Nov 201511238.792.17$243
Oct 20151243.552.43$29
Sep 2015042.992.76$0
Aug 20152040.162.87$57
Jul 20158048.152.95$236
Jun 20155856.152.88$167
May 20158755.212.96$257
Apr 20156749.822.71$181
Mar 20158242.892.93$241
Feb 201512044.662.98$357
Jan 201511643.433.10$360
Dec 201414154.693.59$506
Nov 201413770.464.25$583
Oct 201416178.303.90$628
Sep 201415586.164.05$627
Aug 201411289.394.04$452
Jul 201411896.564.18$493
Jun 20149098.164.74$426
May 20147894.734.73$369
Apr 20143195.944.81$149
Mar 20149395.895.06$470
Feb 201411297.406.19$694
Jan 201411490.404.86$554
Dec 201311991.824.35$518
Nov 20137688.853.74$284
Oct 201313997.423.78$525
Sep 2013131104.113.72$487
Aug 2013148104.253.52$521
Jul 2013156102.523.72$580
Jun 201313894.403.93$543
May 201313894.834.15$573
Apr 201312593.964.28$535
Mar 201313493.623.91$524
Feb 201310091.233.42$342
Jan 201311391.603.42$386
Dec 20128786.773.42$298
Nov 201212986.953.62$468
Oct 201211589.383.40$391
Sep 201215794.672.92$458
Aug 201216792.662.91$486
Jul 201216485.133.02$495
Jun 201215679.822.52$393
May 20127191.612.49$177
Apr 2012150101.652.00$300
Mar 2012163105.052.22$362
Feb 2012106101.102.57$272
Jan 201211798.092.73$320
Dec 201116096.873.24$518
Nov 201115495.723.31$510
Oct 201118884.983.65$686
Sep 201119283.623.99$765
Aug 201123683.404.15$979
Jul 201113294.144.52$596
Jun 201120492.904.64$947
May 201128898.134.40$1,269

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.

Apr 2026 — as filed, then multipliedworked
Gas                  504 Mcf  × $  2.87 =     $1,446

────────────────────────────────────────────────────
Month total                                   $1,446

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/266495 is the state's own key, not one this site invented.