WATERFIELD SL

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 276124District 10Field 604625002 tax incentive programmesCondensateGasSaveExport
Value, all time
$6.5 M
Feb 2014 – May 2026
Value, last 12 filed months
$117 k
at the published price for each month
Months reported
148
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 Gas112016-01-11216151
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
CondensateDisposition40,123 bbl$2,628,515
GasProduction1,043,838 Mcf$3,841,231
Total$6,469,746

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 35.8839, -100.5631. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

35.88385, -100.56313 · 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
9,946 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 9,946 ft.

Completions filed
Feb 2014
1 of 1 wells

1 well

42-3933254010H9,946 ftFeb 2014

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 (148)

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

148 months

May 202602,002106.413.05$6,098
Apr 202601,95698.932.87$5,613
Mar 202601,94089.753.15$6,110
Feb 202601,71563.503.75$6,432
Jan 20261781,74559.138.00$24,482
Dec 202501,85256.664.41$8,174
Nov 202501,81458.593.93$7,123
Oct 202501,96359.383.30$6,487
Sep 202501,82662.743.08$5,618
Aug 20251691,97463.933.01$16,755
Jul 202502,02366.743.32$6,707
Jun 20251801,80566.483.13$17,614
May 202501,99560.553.23$6,448
Apr 202501,91762.363.54$6,792
Mar 202502,08067.704.27$8,878
Feb 202501,70770.884.34$7,410
Jan 20251811,94874.324.28$21,787
Dec 202402,19968.993.12$6,864
Nov 202402,21069.052.20$4,859
Oct 202402,23971.372.28$5,108
Sep 202401,18069.612.36$2,790
Aug 20241712,21075.632.06$17,493
Jul 202402,23579.932.15$4,798
Jun 202402,18778.082.63$5,761
May 202402,24978.812.20$4,944
Apr 20241812,20184.451.66$18,937
Mar 202402,40280.301.55$3,711
Feb 202402,21076.091.78$3,942
Jan 202402,33173.023.30$7,687
Dec 202302,44171.262.61$6,373
Nov 202302,35677.892.81$6,615
Oct 20231802,50985.443.09$23,125
Sep 202302,48789.042.74$6,802
Aug 202302,57180.522.67$6,872
Jul 20231742,64274.852.64$20,004
Jun 20231892,54068.962.26$18,770
May 202302,74970.622.23$6,123
Apr 20231752,69678.122.24$19,704
Mar 202302,78372.852.39$6,660
Feb 20231812,43175.112.47$19,589
Jan 202302,80776.533.39$9,509
Dec 202202,76476.415.73$15,835
Nov 20221712,75485.005.65$30,085
Oct 202202,81387.185.86$16,495
Sep 202202,83484.888.16$23,136
Aug 20221733,16394.529.13$45,221
Jul 202202,881101.587.54$21,729
Jun 20221573,134115.097.98$43,070
May 202203,253109.378.43$27,433
Apr 20221743,224104.226.84$40,179
Mar 202203,339108.885.08$16,950
Feb 20221722,93791.054.86$29,931
Jan 202203,36381.844.54$15,260
Dec 20211743,52971.323.90$26,170
Nov 202123,40777.435.24$17,997
Oct 20211783,52579.795.71$34,344
Sep 202103,19969.865.35$17,118
Aug 20211793,28866.024.22$25,695
Jul 202103,42970.783.98$13,655
Jun 20211753,41569.493.38$23,706
May 202103,82363.483.02$11,537
Apr 20211753,19460.362.76$19,373
Mar 202104,09861.302.72$11,134
Feb 20211802,44557.805.55$23,969
Jan 20211813,82850.412.81$19,882
Dec 202003,87844.642.68$10,375
Nov 20201753,78638.772.71$17,032
Oct 202003,90336.972.48$9,673
Sep 20201763,83537.091.99$14,163
Aug 20201703,99339.982.39$16,320
Jul 202004,02038.371.83$7,337
Jun 20203553,90234.901.69$18,985
May 202004,05616.921.81$7,361
Apr 20201724,04214.751.80$9,830
Mar 20201814,21230.341.86$13,310
Feb 202003,97049.881.98$7,863
Jan 20201743,96057.252.09$18,257
Dec 20191744,31259.012.30$20,204
Nov 20191774,10855.302.75$21,088
Oct 20191864,25953.472.42$20,246
Sep 20191774,11355.052.66$20,673
Aug 20191814,29653.112.30$19,512
Jul 201904,27856.272.46$10,524
Jun 20193164,07952.782.49$26,840
May 20191764,53458.482.74$22,717
Apr 20191764,52962.632.75$23,481
Mar 201904,74156.803.06$14,517
Feb 20191714,31150.852.79$20,733
Jan 20193554,92246.033.23$32,230
Dec 20181804,94446.594.19$29,079
Nov 20181784,84752.934.24$29,959
Oct 201804,93861.443.40$16,780
Sep 20181764,76659.543.11$25,292
Aug 20181705,14859.403.07$25,885
Jul 20181855,22065.142.93$27,355
Jun 20183445,18860.183.08$36,665
May 201805,46765.382.90$15,859
Apr 20183495,35863.842.90$37,823
Mar 20181785,67061.222.79$26,699
Feb 20181635,22461.782.77$24,520
Jan 20181785,95662.874.01$35,070
Dec 20171776,13157.272.92$28,049
Nov 20173406,12255.423.12$37,933
Oct 20171816,37849.292.98$27,951
Sep 20171746,22247.523.09$27,478
Aug 20173476,46245.373.00$35,158
Jul 20171766,66243.873.09$28,289
Jun 20173436,84642.493.09$35,710
May 20173577,57545.373.26$40,917
Apr 20171727,41847.933.21$32,068
Mar 20177168,51946.772.98$58,905
Feb 20173467,25550.452.95$38,877
Jan 20173578,00249.413.42$44,997
Dec 20163638,12648.763.72$47,952
Nov 20163458,11442.492.64$36,115
Oct 20161738,39546.193.09$33,934
Sep 20163538,53141.553.10$41,119
Aug 20163418,97841.442.92$40,386
Jul 20163469,14941.622.92$41,155
Jun 20165349,08245.352.69$48,610
May 20163599,59242.521.99$34,363
Apr 20163429,52736.561.99$31,472
Mar 20165331,01133.011.79$19,408
Feb 20164289,60926.472.06$31,159
Jan 201660211,03427.352.36$42,553
Dec 201553110,85532.362.00$38,908
Nov 201535611,24638.792.17$38,183
Oct 201553211,81243.552.43$51,831
Sep 201587611,37242.992.76$69,028
Aug 201535011,52540.162.87$47,161
Jul 201569111,40648.152.95$66,863
Jun 201587911,53356.152.88$82,604
May 201518912,01155.212.96$45,933
Apr 201554111,50049.822.71$58,078
Mar 201567713,30142.892.93$68,071
Feb 201552512,81744.662.98$61,592
Jan 20151,06215,89943.433.10$95,420
Dec 201451115,78354.693.59$84,629
Nov 20141,20616,93270.464.25$156,967
Oct 201452720,99178.303.90$123,149
Sep 201485423,86786.164.05$170,133
Aug 20141,51327,62089.394.04$246,697
Jul 201499732,02096.564.18$230,101
Jun 20141,19934,74098.164.74$282,253
May 20141,56644,53694.734.73$358,849
Apr 20141,60256,95595.944.81$427,599
Mar 20143,47575,82895.895.06$716,665
Feb 20141,41635,01897.406.19$354,750

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                2,002 Mcf  × $  3.05 =     $6,098

────────────────────────────────────────────────────
Month total                                   $6,098

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/276124 is the state's own key, not one this site invented.