WATERFIELD "C"

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 268703District 10Field 604625002 tax incentive programmesCondensateGasSaveExport
Value, all time
$17.4 M
Oct 2012 – May 2026
Value, last 12 filed months
$197 k
at the published price for each month
Months reported
164
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 Gas112013-08-09210685
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
CondensateDisposition113,138 bbl$9,003,461
GasProduction2,403,935 Mcf$8,420,518
Total$17,423,979

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 35.8989, -100.5670. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

35.89891, -100.56704 · 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
9,983 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 9,983 ft.

Completions filed
Oct 2012
1 of 1 wells

1 well

42-3933242113H9,983 ftOct 2012

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 (164)

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

164 months

May 20261693,044106.413.05$27,255
Apr 202602,92998.932.87$8,405
Mar 202603,00989.753.15$9,477
Feb 20261762,76563.503.75$21,546
Jan 202602,87959.138.00$23,026
Dec 20251913,03956.664.41$24,234
Nov 202502,92858.593.93$11,497
Oct 202503,19459.383.30$10,556
Sep 20251872,83362.743.08$20,449
Aug 202503,12563.933.01$9,421
Jul 20251753,13466.743.32$22,069
Jun 202503,02866.483.13$9,474
May 202503,11460.553.23$10,065
Apr 20251883,06562.363.54$22,583
Mar 202503,32767.704.27$14,201
Feb 202502,79870.884.34$12,146
Jan 202503,17974.324.28$13,602
Dec 20241923,32568.993.12$23,625
Nov 202403,27569.052.20$7,200
Oct 202403,31271.372.28$7,556
Sep 20241723,23869.612.36$19,629
Aug 202403,43475.632.06$7,087
Jul 20241833,43779.932.15$22,005
Jun 202403,34778.082.63$8,816
May 20241963,49478.812.20$23,128
Apr 202403,34384.451.66$5,547
Mar 20241773,61380.301.55$19,796
Feb 202403,31776.091.78$5,916
Jan 202403,64173.023.30$12,007
Dec 202303,66671.262.61$9,571
Nov 202303,57177.892.81$10,026
Oct 20231833,74485.443.09$27,194
Sep 202303,60189.042.74$9,849
Aug 20231783,72980.522.67$24,300
Jul 20231933,79774.852.64$24,477
Jun 202303,67368.962.26$8,295
May 20231793,77770.622.23$21,054
Apr 202303,69878.122.24$8,275
Mar 20231873,80972.852.39$22,739
Feb 202303,56075.112.47$8,778
Jan 20231853,80276.533.39$27,038
Dec 202203,96476.415.73$22,710
Nov 20222023,88985.005.65$39,128
Oct 202204,04487.185.86$23,713
Sep 20221763,96984.888.16$47,341
Aug 202204,12694.529.13$37,659
Jul 20221804,097101.587.54$49,184
Jun 202204,021115.097.98$32,076
May 20221894,207109.378.43$56,149
Apr 202204,139104.226.84$28,301
Mar 20221904,379108.885.08$42,917
Feb 202203,94491.054.86$19,163
Jan 202204,44481.844.54$20,165
Dec 20211814,50371.323.90$30,467
Nov 20211854,26177.435.24$36,639
Oct 202104,48079.795.71$25,598
Sep 20211804,36569.865.35$35,932
Aug 202104,56566.024.22$19,267
Jul 20211854,61270.783.98$31,460
Jun 202104,51769.493.38$15,270
May 20211914,71363.483.02$26,347
Apr 202104,68960.362.76$12,934
Mar 20211775,19961.302.72$24,975
Feb 202103,53057.805.55$19,584
Jan 20211885,03150.412.81$23,616
Dec 20201865,02944.642.68$21,758
Nov 202004,96138.772.71$13,427
Oct 20201974,94036.972.48$19,527
Sep 20201824,97537.091.99$16,656
Aug 202005,10239.982.39$12,169
Jul 20201865,11438.371.83$16,470
Jun 20201834,97134.901.69$14,789
May 202005,21516.921.81$9,464
Apr 20201855,19214.751.80$12,097
Mar 20201955,49430.341.86$16,114
Feb 20201915,21949.881.98$19,864
Jan 20201825,21357.252.09$21,339
Dec 20191915,75459.012.30$24,530
Nov 20191835,45055.302.75$25,111
Oct 201905,65953.472.42$13,687
Sep 20191735,45555.052.66$24,019
Aug 20191805,67353.112.30$22,632
Jul 20191775,66256.272.46$23,889
Jun 20191825,42652.782.49$23,123
May 20191815,72558.482.74$26,273
Apr 201936710,02762.632.75$50,566
Mar 201919110,68356.803.06$43,561
Feb 20191869,81350.852.79$36,858
Jan 201919210,95346.033.23$44,196
Dec 201838511,24146.594.19$64,986
Nov 201835811,00552.934.24$65,580
Oct 201818311,46261.443.40$50,192
Sep 201818211,22959.543.11$45,736
Aug 201819411,74359.403.07$47,534
Jul 201837211,70665.142.93$58,553
Jun 201836311,46660.183.08$57,125
May 201818412,01765.382.90$46,889
Apr 201871911,72263.842.90$79,904
Mar 201837412,34161.222.79$57,289
Feb 201835811,33961.782.77$53,482
Jan 201819112,83962.874.01$63,484
Dec 201739013,06257.272.92$60,496
Nov 201733712,70155.423.12$58,283
Oct 201754913,23349.292.98$66,543
Sep 201736312,90547.523.09$57,091
Aug 201719113,33645.373.00$48,732
Jul 201735513,42343.873.09$57,014
Jun 201734513,16142.493.09$55,291
May 201718114,48645.373.26$55,486
Apr 201736213,68447.933.21$61,298
Mar 201737314,38646.772.98$60,368
Feb 201737513,95050.452.95$60,108
Jan 201737015,31249.413.42$70,630
Dec 201636715,99248.763.72$77,430
Nov 201637615,67342.492.64$57,421
Oct 201636216,31446.193.09$67,135
Sep 201654616,12941.553.10$72,696
Aug 201657316,97941.442.92$73,397
Jul 201638217,01741.622.92$65,662
Jun 201655217,09445.352.69$70,945
May 201637217,53242.521.99$50,724
Apr 201656016,66836.561.99$53,660
Mar 201656518,74833.011.79$52,285
Feb 201676518,31626.472.06$58,047
Jan 201656611,91427.352.36$43,649
Dec 201537419,32132.362.00$50,772
Nov 201558019,82038.792.17$65,455
Oct 201574520,79343.552.43$82,901
Sep 201555620,29642.992.76$79,887
Aug 201554221,57040.162.87$83,726
Jul 201572222,09748.152.95$99,842
Jun 20151,11921,86156.152.88$125,854
May 201554122,20555.212.96$95,494
Apr 201590321,93149.822.71$104,345
Mar 20151,13124,35642.892.93$119,986
Feb 201575122,58644.662.98$100,760
Jan 20151,07525,38543.433.10$125,397
Dec 20141,14025,99554.693.59$155,704
Nov 201476525,71570.464.25$163,238
Oct 201475225,18078.303.90$157,108
Sep 20141,10125,45386.164.05$197,831
Aug 20141,13226,72789.394.04$209,036
Jul 201492727,73996.564.18$205,449
Jun 20141,11225,86498.164.74$231,669
May 20141,09727,72594.734.73$234,963
Apr 20141,66427,36495.944.81$291,241
Mar 20141,08828,90995.895.06$250,515
Feb 201494227,58697.406.19$262,563
Jan 20141,89931,77490.404.86$326,114
Dec 20131,51932,76991.824.35$282,167
Nov 20131,54532,90488.853.74$260,278
Oct 20132,39137,33097.423.78$374,015
Sep 20131,25538,800104.113.72$274,906
Aug 20131,43938,712104.253.52$286,383
Jul 20131,69844,572102.523.72$339,786
Jun 20132,76851,07594.403.93$462,198
May 20132,90556,40294.834.15$509,498
Apr 20133,31858,04993.964.28$560,359
Mar 20134,94165,63993.623.91$719,413
Feb 20132,92164,69791.233.42$487,741
Jan 20136,25581,45391.603.42$851,520
Dec 20127,10199,01386.773.42$954,794
Nov 201211,753125,72186.953.62$1,477,657
Oct 201215,40698,43689.383.40$1,711,639

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           169 bbl  × $106.41 =    $17,983
Gas                3,044 Mcf  × $  3.05 =     $9,272

────────────────────────────────────────────────────
Month total                                  $27,255

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/268703 is the state's own key, not one this site invented.