WATKINS -A-

Operated by LARGE OPERATING LLC (P-5 486623) in the PANHANDLE HUTCHINSON COUNTY FLD. field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 1202District 10Field 68887001OilCasinghead gasSaveExport
Value, all time
$1.9 M
Jan 1993 – May 2026
Value, last 12 filed months
$0
at the published price for each month
Months reported
401
no gaps in the span
Streams
2
oil, casinghead 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 918 leases and 8,177 wells, and the rule below applies to all of them.

Discovered
1921-12-31
as the register files it
Field class
Oil
the register's own label
Between wells
467 ft
minimum
From a lease line
330 ft
minimum

A drilling unit in this field needs at least 20 acres. The field rule took effect on 1989-05-01.

The Commission's schedule remark for this field reads: SPECIAL TESTING REQUIREMENTS FOR WELLS WITH GOR GREATER THAN 5000.

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
OilDisposition25,432 bbl$1,066,803
Casinghead gasProduction225,289 Mcf$844,324
Total$1,911,127

49,013 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 (13)

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 35.7065, -101.2938. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.4 miles.

35.70701, -101.29390 · 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
15.4%
2 of 13 wells
With a plug date
15.4%
2 of 13 wells
Median depth
2,925 ft
3 wells filed one
Completion to plug
39.7 years
median over 1 well

What the state filed about each well

On the RRC proration schedule
215.4%
A plug date is filed
215.4%
BothOn the schedule and plugged. Neither fact cancels the other.
215.4%
NeitherNo plug date, and not on the schedule.
1184.6%

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

Total depth in feet, 3 of 13 wells. Median 2,925 ft, with the middle half between 2,903 and 2,983 ft; the shallowest is 2,880 ft and the deepest 3,040 ft. The median is published rather than the mean, because a single mis-keyed depth moves a mean and cannot move a median.

When they were last completed

Last completion by decade, 1 of 13 wells, Oct 1964. This is the LAST completion filed on each wellbore, not the first — a well recompleted in 2019 counts once, in the 2010s.

Completions filed
Oct 1964
1 of 13 wells; 12 filed none
Plug dates filed
Jun 2004 – Jul 2012
2 of 13 wells; 11 filed none

Last completion to plug: a median of 39.7 years across the 1 well that filed both dates, with the middle half between 39.7 years and 39.7 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

13 wells

42-23383289112,880 ftJul 2012Yes
42-2331296513G2,925 ft
42-233832791
42-233832802
42-233832813
42-233832824
42-233832835
42-233832846
42-233832857
42-233832868
42-2338328810
42-2338329012
42-233119109W3,040 ftOct 1964Jun 2004Yes

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 202600106.413.05$0
Apr 20260098.932.87$0
Mar 20260089.753.15$0
Feb 20260063.503.75$0
Jan 20260059.138.00$0
Dec 20250056.664.41$0
Nov 20250058.593.93$0
Oct 20250059.383.30$0
Sep 20250062.743.08$0
Aug 20250063.933.01$0
Jul 20250066.743.32$0
Jun 20250066.483.13$0
May 20250060.553.23$0
Apr 20250062.363.54$0
Mar 20250067.704.27$0
Feb 20250070.884.34$0
Jan 20250074.324.28$0
Dec 20240068.993.12$0
Nov 20240069.052.20$0
Oct 20240071.372.28$0
Sep 20240069.612.36$0
Aug 20240075.632.06$0
Jul 20240079.932.15$0
Jun 20240078.082.63$0
May 20240078.812.20$0
Apr 20240084.451.66$0
Mar 20240080.301.55$0
Feb 20240076.091.78$0
Jan 20240073.023.30$0
Dec 20230071.262.61$0
Nov 20230077.892.81$0
Oct 20230085.443.09$0
Sep 20230089.042.74$0
Aug 20230080.522.67$0
Jul 20230074.852.64$0
Jun 20230068.962.26$0
May 20230070.622.23$0
Apr 20230078.122.24$0
Mar 20230072.852.39$0
Feb 20230075.112.47$0
Jan 20230076.533.39$0
Dec 20220076.415.73$0
Nov 20220085.005.65$0
Oct 20220087.185.86$0
Sep 20220084.888.16$0
Aug 20220094.529.13$0
Jul 202200101.587.54$0
Jun 202200115.097.98$0
May 202200109.378.43$0
Apr 202200104.226.84$0
Mar 202200108.885.08$0
Feb 20220091.054.86$0
Jan 20220081.844.54$0
Dec 20210071.323.90$0
Nov 20210077.435.24$0
Oct 20210079.795.71$0
Sep 20210069.865.35$0
Aug 20210066.024.22$0
Jul 20210070.783.98$0
Jun 20210069.493.38$0
May 20210063.483.02$0
Apr 2021167060.362.76$10,080
Mar 20210061.302.72$0
Feb 20210057.805.55$0
Jan 20210050.412.81$0
Dec 20200044.642.68$0
Nov 20200038.772.71$0
Oct 20200036.972.48$0
Sep 20200037.091.99$0
Aug 20200039.982.39$0
Jul 20200038.371.83$0
Jun 20200034.901.69$0
May 20200016.921.81$0
Apr 20200014.751.80$0
Mar 20200030.341.86$0
Feb 20200049.881.98$0
Jan 20200057.252.09$0
Dec 20190059.012.30$0
Nov 20190055.302.75$0
Oct 20190053.472.42$0
Sep 20190055.052.66$0
Aug 20190053.112.30$0
Jul 2019123056.272.46$6,921
Jun 20190052.782.49$0
May 20190058.482.74$0
Apr 20190062.632.75$0
Mar 20190056.803.06$0
Feb 20190050.852.79$0
Jan 20190046.033.23$0
Dec 2018162046.594.19$7,548
Nov 20180052.934.24$0
Oct 2018160061.443.40$9,830
Sep 20180059.543.11$0
Aug 20180059.403.07$0
Jul 20180065.142.93$0
Jun 20180060.183.08$0
May 20180065.382.90$0
Apr 20180063.842.90$0
Mar 20180061.222.79$0
Feb 20180061.782.77$0
Jan 2018033662.874.01$1,347
Dec 2017018757.272.92$546
Nov 2017017755.423.12$552
Oct 20171674849.292.98$8,375
Sep 20170847.523.09$25
Aug 2017034245.373.00$1,028
Jul 201716434443.873.09$8,257
Jun 2017035642.493.09$1,099
May 201716650845.373.26$9,189
Apr 2017022347.933.21$716
Mar 201716435246.772.98$8,721
Feb 201716542050.452.95$9,564
Jan 201715920349.413.42$8,550
Dec 2016049348.763.72$1,835
Nov 2016012242.492.64$323
Oct 2016042246.193.09$1,304
Sep 201616243441.553.10$8,077
Aug 2016040441.442.92$1,181
Jul 2016027341.622.92$798
Jun 2016024345.352.69$653
May 2016021242.521.99$422
Apr 201616932136.561.99$6,818
Mar 2016040733.011.79$730
Feb 2016041426.472.06$854
Jan 201616643127.352.36$5,559
Dec 2015029432.362.00$588
Nov 201517340638.792.17$7,591
Oct 2015016743.552.43$405
Sep 2015042342.992.76$1,167
Aug 2015042340.162.87$1,215
Jul 201516741848.152.95$9,272
Jun 2015041656.152.88$1,199
May 2015048355.212.96$1,427
Apr 2015031349.822.71$847
Mar 201516730242.892.93$8,049
Feb 2015047044.662.98$1,399
Jan 2015044843.433.10$1,389
Dec 20140054.693.59$0
Nov 201416842670.464.25$13,649
Oct 2014079878.303.90$3,113
Sep 2014074386.164.05$3,006
Aug 201417225189.394.04$16,388
Jul 2014031896.564.18$1,329
Jun 2014043398.164.74$2,051
May 201417118294.734.73$17,059
Apr 2014073495.944.81$3,530
Mar 201417338195.895.06$18,516
Feb 2014027697.406.19$1,709
Jan 201416838190.404.86$17,039
Dec 2013038191.824.35$1,659
Nov 2013041188.853.74$1,536
Oct 201316939697.423.78$17,961
Sep 20130569104.113.72$2,115
Aug 20130482104.253.52$1,698
Jul 201300102.523.72$0
Jun 2013171094.403.93$16,142
May 20130094.834.15$0
Apr 20130093.964.28$0
Mar 20130693.623.91$23
Feb 2013167091.233.42$15,235
Jan 20130091.603.42$0
Dec 2012028286.773.42$964
Nov 201217230486.953.62$16,057
Oct 2012044689.383.40$1,516
Sep 2012039794.672.92$1,159
Aug 2012049992.662.91$1,451
Jul 201217051785.133.02$16,034
Jun 2012049279.822.52$1,239
May 201216558091.612.49$16,559
Apr 20120375101.652.00$749
Mar 20120478105.052.22$1,062
Feb 2012163400101.102.57$17,507
Jan 201216439198.092.73$17,156
Dec 2011038496.873.24$1,244
Nov 2011039995.723.31$1,321
Oct 201117148884.983.65$16,312
Sep 2011037683.623.99$1,499
Aug 2011038083.404.15$1,577
Jul 201116849394.144.52$18,043
Jun 2011042692.904.64$1,977
May 201116750798.134.40$18,621
Apr 20110412105.964.33$1,785
Mar 201117048096.364.06$18,329
Feb 2011037185.644.18$1,551
Jan 2011042786.504.59$1,959
Dec 2010042285.734.35$1,835
Nov 201016838380.843.80$15,035
Oct 2010040678.103.51$1,425
Sep 2010048572.633.98$1,930
Aug 201016855673.684.42$14,835
Jul 2010056072.554.74$2,652
Jun 201016460670.364.91$14,515
May 2010060871.124.24$2,575
Apr 201016653881.694.12$15,779
Mar 2010057478.394.39$2,519
Feb 201015946373.585.44$14,219
Jan 2010031074.365.96$1,849
Dec 200915737871.445.48$13,289
Nov 2009049674.593.75$1,861
Oct 200912748872.544.11$11,218
Sep 2009052465.543.06$1,606
Aug 200916914367.423.22$11,854
Jul 200917155461.133.46$12,373
Jun 2009063766.163.90$2,481
May 200916956054.743.93$11,449
Apr 200917163246.773.59$10,265
Mar 200939467542.144.06$19,343
Feb 2009065632.814.63$3,039
Jan 20091621,47935.865.37$13,753
Dec 200801,48337.105.98$8,864
Nov 2008067455.496.86$4,624
Oct 200817173375.246.92$17,940
Sep 20080808101.767.88$6,365
Aug 2008160447114.228.48$22,067
Jul 20080917131.0811.39$10,444
Jun 200801,017131.3313.03$13,254
May 20081641,058123.1711.57$32,445
Apr 20080428110.3110.45$4,475
Mar 2008168499101.909.66$21,942
Feb 2008037792.538.77$3,307
Jan 200816729490.388.21$17,506
Dec 200716636588.337.30$17,328
Nov 20071671,33791.677.29$25,058
Oct 2007073782.856.92$5,102
Sep 2007063375.846.24$3,953
Aug 2007024369.066.39$1,552
Jul 2007036370.906.39$2,319
Jun 200716244462.007.55$13,396
May 2007030958.747.85$2,425
Apr 2007041759.617.81$3,255
Mar 200717054856.927.30$13,678
Feb 2007050855.108.22$4,174
Jan 2007060150.306.73$4,043
Dec 2006062856.656.92$4,345
Nov 200616779654.207.62$15,115
Oct 200601,14254.906.01$6,868
Sep 200616896860.085.04$14,969
Aug 200616797368.717.34$18,616
Jul 200601,02169.376.34$6,476
Jun 200616662766.286.38$15,005
May 200617047766.016.42$14,286
Apr 200616442564.397.36$13,688
Mar 2006064056.707.08$4,533
Feb 2006041957.597.75$3,248
Jan 200616790160.598.93$18,167
Dec 2005091854.9413.42$12,315
Nov 2005088454.6910.59$9,360
Oct 20051641,03258.3413.80$23,805
Sep 2005096161.4512.08$11,608
Aug 2005094961.519.80$9,297
Jul 20051641,01455.697.84$17,087
Jun 2005065352.337.38$4,820
May 200516551445.226.65$10,880
Apr 2005056049.207.36$4,122
Mar 200516488150.377.15$14,564
Feb 2005082745.226.31$5,220
Jan 200516679843.166.32$12,210
Dec 2004082939.866.75$5,597
Nov 2004096445.286.33$6,103
Oct 20041711,05949.706.52$15,398
Sep 2004092143.245.28$4,866
Aug 200416998342.375.55$12,617
Jul 2004069038.286.08$4,198
Jun 200416695836.106.43$12,155
May 2004096737.486.49$6,280
Apr 20041651,00034.475.86$11,546
Mar 20041681,06134.365.53$11,640
Feb 200416190532.455.51$10,211
Jan 2004083632.036.30$5,267
Dec 200316656930.266.30$8,609
Nov 2003055628.804.60$2,555
Oct 200301,01928.174.76$4,850
Sep 20031711,06426.314.75$9,552
Aug 2003098529.765.13$5,053
Jul 200317087829.415.17$9,540
Jun 2003093128.565.98$5,570
May 20031711,16726.595.97$11,517
Apr 2003081926.675.41$4,429
Mar 20031691,44231.146.10$14,053
Feb 2003097733.487.93$7,744
Jan 200316292930.315.58$10,096
Dec 20021621,01126.914.85$9,267
Nov 200201,17524.664.14$4,861
Oct 20021711,18826.464.23$9,549
Sep 200201,04627.443.64$3,802
Aug 20021691,14225.963.16$8,001
Jul 200201,22624.583.06$3,754
Jun 20021651,16223.733.34$7,794
May 200216857524.663.58$6,204
Apr 200216768723.653.51$6,363
Mar 200201,21022.003.10$3,754
Feb 2002093018.222.38$2,209
Jan 2002076517.172.38$1,817
Dec 2001080516.932.36$1,903
Nov 2001090318.072.41$2,172
Oct 200101,22919.782.53$3,108
Sep 200101,17024.262.25$2,634
Aug 200101,13024.873.05$3,450
Jul 200101,16223.933.20$3,715
Jun 20011381,14924.563.82$7,783
May 200101,14725.524.31$4,941
Apr 20011571,27224.685.34$10,661
Mar 200102,24624.545.38$12,075
Feb 200101,81127.755.77$10,444
Jan 200102,32627.478.40$19,536
Dec 200002,27226.889.12$20,726
Nov 200002,12232.215.66$12,006
Oct 200002,02031.235.15$10,394
Sep 20001572,12531.875.19$16,025
Aug 200002,02629.644.54$9,200
Jul 2000074628.534.09$3,051
Jun 200014688529.304.40$8,169
May 2000083327.263.68$3,065
Apr 200013798224.513.12$6,418
Mar 2000061128.422.86$1,747
Feb 200014860027.622.73$5,724
Jan 2000059725.272.48$1,481
Dec 199914240524.282.42$4,429
Nov 1999065223.192.43$1,587
Oct 199914963220.982.80$4,898
Sep 1999063621.752.62$1,666
Aug 199915364519.262.88$4,802
Jul 199916561917.892.37$4,420
Jun 1999059715.942.36$1,410
May 1999056115.792.32$1,302
Apr 19991451,81915.102.21$6,206
Mar 199901,39912.471.84$2,572
Feb 199908379.981.82$1,521
Jan 199929566310.381.90$4,322
Dec 199806679.201.77$1,183
Nov 199815549010.892.19$2,759
Oct 1998057812.421.97$1,138
Sep 1998077012.592.08$1,604
Aug 199801,01711.301.91$1,940
Jul 199801,23711.742.24$2,768
Jun 19981431,18511.242.24$4,258
May 199801,11412.622.21$2,458
Apr 19981661,28313.042.51$5,379
Mar 199801,07912.802.31$2,492
Feb 199815499313.952.30$4,431
Jan 1998093914.702.15$2,023
Dec 1997025016.322.41$603
Nov 1997035818.193.09$1,106
Oct 199715764319.253.15$5,048
Sep 1997049117.742.95$1,451
Aug 1997073517.862.55$1,878
Jul 199710778917.582.25$3,654
Jun 199701,08617.242.26$2,451
May 19971661,61118.972.31$6,868
Apr 199702,61217.882.08$5,440
Mar 19971501,21618.951.94$5,200
Feb 1997093420.492.21$2,060
Jan 1997084323.483.54$2,984
Dec 199629495523.32$6,856
Nov 19963071,09321.97$6,745
Oct 199631477123.31$7,319
Sep 19961611,00822.22$3,577
Aug 1996075620.26$0
Jul 199601,04719.55$0
Jun 19961641,07418.73$3,072
May 1996096519.43$0
Apr 19961651,13021.51$3,549
Mar 199616584619.38$3,198
Feb 1996067416.98$0
Jan 199632870717.07$5,599
Dec 1995070517.19$0
Nov 199516885816.00$2,688
Oct 19953331,31615.43$5,138
Sep 1995092516.18$0
Aug 199533145715.92$5,270
Jul 199501,08615.24$0
Jun 19953361,30416.41$5,514
May 199501,45617.56$0
Apr 19951671,24117.73$2,961
Mar 1995079016.44$0
Feb 1995088016.58$0
Jan 1995091215.92$0
Dec 19941651,04715.03$2,480
Nov 19941571,77615.90$2,496
Oct 1994051415.58$0
Sep 1994011415.29$0
Aug 1994047416.13$0
Jul 199401,15617.56$0
Jun 19941601,24517.09$2,734
May 19944691,11315.88$7,448
Apr 199401,22714.14$0
Mar 19941651,39412.46$2,056
Feb 199431174712.50$3,888
Jan 199415389112.66$1,937
Dec 199315553312.33$1,911
Nov 199315789614.49$2,275
Oct 19933261,02215.85$5,167
Sep 19931631,19615.03$2,450
Aug 19933111,70715.66$4,870
Jul 19933201,72215.46$4,947
Jun 19933051,76416.79$5,121
May 19934601,70417.68$8,133
Apr 19934842,24418.05$8,736
Mar 199316097318.14$2,902
Feb 1993167117.90$2,989
Jan 199316859716.93$2,844

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 2021 — as filed, then multipliedworked
Oil                  167 bbl  × $ 60.36 =    $10,080
Casinghead gas         0 Mcf  × $  2.76 =         $0

────────────────────────────────────────────────────
Month total                                  $10,080

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/O/1202 is the state's own key, not one this site invented.