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WATSON

Operated by PANTERA ENERGY COMPANY (P-5 638486) in the TEXAS HUGOTON field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 28178District 10Field 89120001CondensateGasSaveExport
Value, all time
$3.2 M
Jan 1993 – May 2026
Value, last 12 filed months
$42 k
at the published price for each month
Months reported
401
no gaps in the span
Streams
2
condensate, gas

The TEXAS HUGOTON field

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 1,719 leases and 1,719 wells, and the rule below applies to all of them.

Discovered
1945-06-25
as the register files it
Field class
Gas
the register's own label
Between wells
2,500 ft
minimum
From a lease line
1,250 ft
minimum

A drilling unit in this field needs at least 40 acres. The field rule took effect on 1996-02-01.

The Commission's schedule remark for this field reads: “OPTIONS.”

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
CondensateDisposition8 bbl$752
GasProduction959,531 Mcf$3,162,790
Total$3,163,542

216,419 Mcf of this lease's gas, across 48 months, carries no value here. No free Texas wellhead gas price exists before 1997, so those months are left out of the total rather than valued at zero. The total above is therefore a floor, not an estimate.

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 36.0854, -102.0747. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

36.08540, -102.07475 · 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
—
no depth filed
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.

Completions filed
Jul 1951
1 of 1 wells

1 well

42-421807021—Jul 1951——

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 (401)

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

401 months

May 202601,420106.413.05$4,325
Apr 202601,46198.932.87$4,193
Mar 202601,46689.753.15$4,617
Feb 2026060563.503.75$2,269
Jan 202601,14059.138.00$9,118
Dec 2025091156.664.41$4,021
Nov 2025040858.593.93$1,602
Oct 20250059.383.30$0
Sep 2025028962.743.08$889
Aug 2025017463.933.01$525
Jul 202501,53466.743.32$5,086
Jun 202501,59766.483.13$4,997
May 202501,65460.553.23$5,346
Apr 202501,46462.363.54$5,187
Mar 202501,49667.704.27$6,385
Feb 202501,49770.884.34$6,498
Jan 202501,19574.324.28$5,113
Dec 202401,48068.993.12$4,620
Nov 202401,10769.052.20$2,434
Oct 2024036271.372.28$826
Sep 202401,23269.612.36$2,913
Aug 202401,15975.632.06$2,392
Jul 202401,46979.932.15$3,153
Jun 202401,07078.082.63$2,818
May 202401,33078.812.20$2,924
Apr 202401,51184.451.66$2,507
Mar 202401,59480.301.55$2,463
Feb 202401,55276.091.78$2,768
Jan 202401,59773.023.30$5,266
Dec 202301,63671.262.61$4,271
Nov 202301,58677.892.81$4,453
Oct 202301,52285.443.09$4,699
Sep 2023072289.042.74$1,975
Aug 202301,50580.522.67$4,023
Jul 202301,46774.852.64$3,876
Jun 202301,51068.962.26$3,410
May 202301,59570.622.23$3,553
Apr 202301,61778.122.24$3,618
Mar 202301,40572.852.39$3,362
Feb 202301,13975.112.47$2,808
Jan 202301,11176.533.39$3,764
Dec 2022091876.415.73$5,259
Nov 202201,38585.005.65$7,820
Oct 2022082687.185.86$4,843
Sep 202201,21784.888.16$9,935
Aug 202201,40494.529.13$12,815
Jul 202201,171101.587.54$8,832
Jun 20220791115.097.98$6,310
May 202201,069109.378.43$9,015
Apr 202201,307104.226.84$8,937
Mar 202201,647108.885.08$8,361
Feb 202201,50391.054.86$7,303
Jan 202201,79381.844.54$8,136
Dec 202101,74471.323.90$6,800
Nov 202101,60177.435.24$8,384
Oct 202101,17879.795.71$6,731
Sep 202101,55769.865.35$8,331
Aug 202101,65266.024.22$6,972
Jul 202101,47370.783.98$5,866
Jun 202101,45269.493.38$4,909
May 202101,68363.483.02$5,079
Apr 202101,54460.362.76$4,259
Mar 202101,76261.302.72$4,787
Feb 202101,36057.805.55$7,545
Jan 202101,46350.412.81$4,111
Dec 202001,83544.642.68$4,909
Nov 202001,73938.772.71$4,707
Oct 202001,83436.972.48$4,545
Sep 202001,72537.091.99$3,435
Aug 2020085339.982.39$2,034
Jul 202001,78438.371.83$3,256
Jun 202001,62334.901.69$2,743
May 202001,60816.921.81$2,918
Apr 202001,50014.751.80$2,707
Mar 202001,42730.341.86$2,649
Feb 202001,65849.881.98$3,284
Jan 202001,98257.252.09$4,152
Dec 201901,99859.012.30$4,604
Nov 201901,54055.302.75$4,236
Oct 201901,34653.472.42$3,255
Sep 201901,31955.052.66$3,505
Aug 201901,55353.112.30$3,579
Jul 201901,51256.272.46$3,720
Jun 201901,53552.782.49$3,824
May 201901,62558.482.74$4,453
Apr 201901,03962.632.75$2,858
Mar 201903856.803.06$116
Feb 2019056450.852.79$1,575
Jan 201901,36846.033.23$4,416
Dec 2018032646.594.19$1,364
Nov 2018045152.934.24$1,911
Oct 201801,67761.443.40$5,699
Sep 2018083159.543.11$2,583
Aug 20180059.403.07$0
Jul 20180165.142.93$3
Jun 2018021960.183.08$674
May 2018015965.382.90$461
Apr 2018047463.842.90$1,375
Mar 201809761.222.79$270
Feb 2018058361.782.77$1,613
Jan 201801,15162.874.01$4,615
Dec 201701,39857.272.92$4,084
Nov 2017080255.423.12$2,501
Oct 2017088749.292.98$2,647
Sep 2017055347.523.09$1,707
Aug 201701,35845.373.00$4,080
Jul 201701,70343.873.09$5,258
Jun 201701,11542.493.09$3,442
May 201701,73145.373.26$5,649
Apr 201701,79247.933.21$5,755
Mar 201701,88846.772.98$5,633
Feb 201701,74250.452.95$5,143
Jan 201701,99449.413.42$6,817
Dec 201602,19848.763.72$8,183
Nov 201601,96842.492.64$5,204
Oct 201602,14446.193.09$6,626
Sep 201601,98541.553.10$6,155
Aug 201601,46541.442.92$4,284
Jul 201602,08341.622.92$6,091
Jun 201601,99645.352.69$5,361
May 201602,06442.521.99$4,110
Apr 201601,53236.561.99$3,050
Mar 201602,09633.011.79$3,760
Feb 201601,99326.472.06$4,113
Jan 201602,24227.352.36$5,301
Dec 201502,18932.362.00$4,381
Nov 201502,12338.792.17$4,601
Oct 201502,19343.552.43$5,321
Sep 201502,12042.992.76$5,848
Aug 201501,82040.162.87$5,228
Jul 201501,95348.152.95$5,752
Jun 201501,89356.152.88$5,457
May 201502,06155.212.96$6,091
Apr 201502,05749.822.71$5,567
Mar 201502,36642.892.93$6,944
Feb 201501,65744.662.98$4,932
Jan 201501,51343.433.10$4,691
Dec 201402,09254.693.59$7,513
Nov 201402,02370.464.25$8,601
Oct 201402,11378.303.90$8,243
Sep 201402,09986.164.05$8,491
Aug 201422,16589.394.04$8,915
Jul 201402,11496.564.18$8,836
Jun 201402,06998.164.74$9,801
May 201402,12194.734.73$10,025
Apr 201402,10795.944.81$10,133
Mar 201402,02795.895.06$10,250
Feb 201421,84497.406.19$11,613
Jan 201402,37090.404.86$11,520
Dec 201302,35491.824.35$10,250
Nov 201302,31088.853.74$8,635
Oct 201302,35297.423.78$8,889
Sep 201302,190104.113.72$8,142
Aug 201302,314104.253.52$8,151
Jul 201302,312102.523.72$8,595
Jun 201322,23894.403.93$8,992
May 201322,25794.834.15$9,554
Apr 201302,15693.964.28$9,233
Mar 201302,34593.623.91$9,176
Feb 201302,20891.233.42$7,551
Jan 201302,60891.603.42$8,919
Dec 201202,57586.773.42$8,807
Nov 201202,24486.953.62$8,134
Oct 201202,35489.383.40$8,003
Sep 201202,38894.672.92$6,969
Aug 201201,57292.662.91$4,572
Jul 201202,45785.133.02$7,422
Jun 201202,26379.822.52$5,701
May 201202,27991.612.49$5,671
Apr 201202,072101.652.00$4,137
Mar 201202,127105.052.22$4,726
Feb 201202,222101.102.57$5,711
Jan 201202,39698.092.73$6,551
Dec 201102,39496.873.24$7,756
Nov 201102,14495.723.31$7,099
Oct 201101,65484.983.65$6,035
Sep 201101,80183.623.99$7,178
Aug 201102,08883.404.15$8,664
Jul 201102,19094.144.52$9,893
Jun 201102,24992.904.64$10,435
May 201101,25998.134.40$5,546
Apr 201102,137105.964.33$9,260
Mar 201102,28096.364.06$9,251
Feb 201101,77285.644.18$7,407
Jan 201102,04786.504.59$9,393
Dec 201002,26685.734.35$9,852
Nov 201002,23280.843.80$8,471
Oct 201002,34678.103.51$8,232
Sep 201002,26672.633.98$9,017
Aug 201002,29073.684.42$10,120
Jul 201002,06672.554.74$9,786
Jun 201002,01670.364.91$9,899
May 201002,22671.124.24$9,428
Apr 201001,76181.694.12$7,260
Mar 201002,24678.394.39$9,857
Feb 201002,39473.585.44$13,029
Jan 201002,47374.365.96$14,749
Dec 200902,32071.445.48$12,722
Nov 200902,16274.593.75$8,111
Oct 200902,17672.544.11$8,944
Sep 200902,11765.543.06$6,488
Aug 200901,99967.423.22$6,434
Jul 200902,09861.133.46$7,269
Jun 200902,14966.163.90$8,370
May 200902,03254.743.93$7,977
Apr 200901,36946.773.59$4,911
Mar 200902,16042.144.06$8,767
Feb 200902,10332.814.63$9,743
Jan 200902,34535.865.37$12,595
Dec 200802,25037.105.98$13,449
Nov 200802,27055.496.86$15,573
Oct 200802,34475.246.92$16,225
Sep 200802,231101.767.88$17,574
Aug 200802,266114.228.48$19,223
Jul 200801,959131.0811.39$22,312
Jun 200801,994131.3313.03$25,987
May 200802,200123.1711.57$25,463
Apr 200802,221110.3110.45$23,220
Mar 200802,290101.909.66$22,131
Feb 200802,13392.538.77$18,708
Jan 200802,35390.388.21$19,308
Dec 200702,36588.337.30$17,269
Nov 200702,32091.677.29$16,917
Oct 200702,40382.856.92$16,634
Sep 200702,25175.846.24$14,056
Aug 200702,21469.066.39$14,143
Jul 200701,64970.906.39$10,534
Jun 200702,42462.007.55$18,297
May 200702,65858.747.85$20,855
Apr 200702,51259.617.81$19,607
Mar 200702,47056.927.30$18,036
Feb 200702,55355.108.22$20,975
Jan 200702,43550.306.73$16,380
Dec 200602,03956.656.92$14,107
Nov 200602,57354.207.62$19,600
Oct 200602,55454.906.01$15,359
Sep 200601,71660.085.04$8,644
Aug 200602,19968.717.34$16,140
Jul 200602,17769.376.34$13,808
Jun 200602,30566.286.38$14,715
May 200602,30366.016.42$14,797
Apr 200602,45364.397.36$18,055
Mar 200602,37656.707.08$16,829
Feb 200602,11257.597.75$16,370
Jan 200602,56660.598.93$22,923
Dec 200502,63254.9413.42$35,309
Nov 200502,50754.6910.59$26,545
Oct 200502,39158.3413.80$32,986
Sep 200502,19461.4512.08$26,501
Aug 200502,50361.519.80$24,521
Jul 200502,51755.697.84$19,742
Jun 200502,56352.337.38$18,918
May 200501,83045.226.65$12,172
Apr 200502,35349.207.36$17,319
Mar 200502,35050.377.15$16,814
Feb 200502,33545.226.31$14,738
Jan 200502,60143.166.32$16,444
Dec 200402,20339.866.75$14,873
Nov 200402,63145.286.33$16,655
Oct 200402,50149.706.52$16,294
Sep 200402,42543.245.28$12,813
Aug 200402,40542.375.55$13,349
Jul 200402,09838.286.08$12,765
Jun 200402,09936.106.43$13,503
May 200402,24037.486.49$14,548
Apr 200402,48634.475.86$14,564
Mar 200402,50234.365.53$13,836
Feb 200402,78132.455.51$15,322
Jan 200402,80332.036.30$17,658
Dec 200302,72330.266.30$17,159
Nov 200302,52328.804.60$11,594
Oct 200302,63828.174.76$12,556
Sep 200302,55326.314.75$12,125
Aug 200302,66229.765.13$13,655
Jul 200302,62329.415.17$13,563
Jun 200302,51928.565.98$15,071
May 200302,66926.595.97$15,941
Apr 200302,64426.675.41$14,297
Mar 200302,89431.146.10$17,642
Feb 200302,58333.487.93$20,473
Jan 200302,94630.315.58$16,445
Dec 200202,92326.914.85$14,188
Nov 200202,75424.664.14$11,393
Oct 200202,83326.464.23$11,981
Sep 200202,61327.443.64$9,499
Aug 200202,80525.963.16$8,875
Jul 200202,81324.583.06$8,613
Jun 200202,63823.733.34$8,806
May 200202,71024.663.58$9,713
Apr 200202,64423.653.51$9,287
Mar 200202,72122.003.10$8,443
Feb 200202,57218.222.38$6,110
Jan 200203,08217.172.38$7,322
Dec 200102,91016.932.36$6,880
Nov 200102,60518.072.41$6,266
Oct 200102,89219.782.53$7,314
Sep 200102,85424.262.25$6,425
Aug 200102,86424.873.05$8,744
Jul 200102,97023.933.20$9,495
Jun 200102,49624.563.82$9,545
May 200102,52025.524.31$10,854
Apr 200102,71424.685.34$14,480
Mar 2001053824.545.38$2,893
Feb 200102,62127.755.77$15,116
Jan 200102,93527.478.40$24,650
Dec 200003,17226.889.12$28,937
Nov 200003,08232.215.66$17,438
Oct 200003,02631.235.15$15,570
Sep 200002,69331.875.19$13,967
Aug 200002,81529.644.54$12,782
Jul 200002,86728.534.09$11,725
Jun 200002,99629.304.40$13,174
May 200002,99027.263.68$11,002
Apr 200002,56524.513.12$7,993
Mar 200002,97828.422.86$8,516
Feb 200002,84427.622.73$7,754
Jan 200003,45425.272.48$8,568
Dec 199903,46324.282.42$8,393
Nov 199902,97323.192.43$7,236
Oct 199903,25820.982.80$9,134
Sep 199902,97621.752.62$7,794
Aug 199903,26419.262.88$9,386
Jul 199903,45617.892.37$8,199
Jun 199903,44615.942.36$8,140
May 199903,21215.792.32$7,455
Apr 199903,43115.102.21$7,576
Mar 199903,58612.471.84$6,592
Feb 199903,2649.981.82$5,933
Jan 199903,80110.381.90$7,222
Dec 199803,3179.201.77$5,882
Nov 199803,39110.892.19$7,412
Oct 199803,11412.421.97$6,132
Sep 199803,43912.592.08$7,162
Aug 199803,56811.301.91$6,805
Jul 199803,54011.742.24$7,920
Jun 199803,34211.242.24$7,477
May 199803,13512.622.21$6,917
Apr 199803,32813.042.51$8,338
Mar 199803,67212.802.31$8,480
Feb 199803,36613.952.30$7,739
Jan 199803,37914.702.15$7,281
Dec 199703,71116.322.41$8,948
Nov 199703,42018.193.09$10,562
Oct 199703,96119.253.15$12,476
Sep 199703,78517.742.95$11,184
Aug 199703,96317.862.55$10,124
Jul 199703,40317.582.25$7,646
Jun 199703,96617.242.26$8,952
May 199704,07118.972.31$9,398
Apr 199703,74717.882.08$7,804
Mar 199704,03818.951.94$7,830
Feb 199703,69520.492.21$8,151
Jan 199703,95623.483.54$14,003
Dec 199604,16423.32—$0
Nov 199603,94921.97—$0
Oct 199604,07723.31—$0
Sep 199604,19622.22—$0
Aug 199604,08820.26—$0
Jul 199603,83419.55—$0
Jun 199603,79418.73—$0
May 199604,27519.43—$0
Apr 199604,25121.51—$0
Mar 199604,34619.38—$0
Feb 199604,09116.98—$0
Jan 199604,40317.07—$0
Dec 199504,21817.19—$0
Nov 199504,20116.00—$0
Oct 199504,46415.43—$0
Sep 199504,26916.18—$0
Aug 199504,56315.92—$0
Jul 199504,62415.24—$0
Jun 199503,32316.41—$0
May 199504,47317.56—$0
Apr 199504,39517.73—$0
Mar 199504,61816.44—$0
Feb 199504,16116.58—$0
Jan 199504,59315.92—$0
Dec 199404,74415.03—$0
Nov 199404,51015.90—$0
Oct 199404,75015.58—$0
Sep 199404,51915.29—$0
Aug 199404,59416.13—$0
Jul 199404,99317.56—$0
Jun 199404,78417.09—$0
May 199404,76315.88—$0
Apr 199404,16814.14—$0
Mar 199404,88112.46—$0
Feb 199404,31612.50—$0
Jan 199404,44512.66—$0
Dec 199304,74212.33—$0
Nov 199304,84914.49—$0
Oct 199305,06115.85—$0
Sep 199305,04415.03—$0
Aug 199305,18615.66—$0
Jul 199305,48615.46—$0
Jun 199304,52616.79—$0
May 199305,12417.68—$0
Apr 199304,99118.05—$0
Mar 199305,10818.14—$0
Feb 199304,57717.90—$0
Jan 199304,88816.93—$0

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                1,420 Mcf  × $  3.05 =     $4,325

────────────────────────────────────────────────────
Month total                                   $4,325

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/28178 is the state's own key, not one this site invented.