WATKINS, E. E. -A- R/A -B-

Operated by D10 ENERGY LLC (P-5 237972) 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 1238District 10Field 68887001NGPA filingOilCasinghead gasSaveExport
Value, all time
$539 k
Jan 1993 – May 2026
Value, last 12 filed months
$85
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.

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
NGPA12none

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
OilDisposition14,816 bbl$441,968
Casinghead gasProduction43,150 Mcf$96,965
Total$538,933

16,830 Mcf of this lease's gas, across 47 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 (15)

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 35.7070, -101.2846. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.4 miles.

35.70695, -101.28499 · 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
20.0%
3 of 15 wells
With a plug date
20.0%
3 of 15 wells
Median depth
3,011 ft
15 wells filed one
Completion to plug
2.0 years
median over 1 well

What the state filed about each well

On the RRC proration schedule
320.0%
A plug date is filed
320.0%
BothOn the schedule and plugged. Neither fact cancels the other.
320.0%
NeitherNo plug date, and not on the schedule.
1280.0%

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

Total depth in feet, 15 of 15 wells. Median 3,011 ft, with the middle half between 2,991 and 3,027 ft; the shallowest is 2,944 ft and the deepest 3,048 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 15 wells, Jan 1995. This is the LAST completion filed on each wellbore, not the first — a well recompleted in 2019 counts once, in the 2010s.

Completions filed
Jan 1995
1 of 15 wells; 14 filed none
Plug dates filed
Nov 1993 – Jan 1997
3 of 15 wells; 12 filed none

Last completion to plug: a median of 2.0 years across the 1 well that filed both dates, with the middle half between 2.0 years and 2.0 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

15 wells

42-2330984728G2,977 ftNov 1993Yes
42-233835499W3,021 ftFeb 1995Yes
42-2338354753,045 ft
42-2338354863,048 ft
42-23383550102,944 ft
42-23383552122,988 ft
42-23383553133,002 ft
42-23383554192,987 ft
42-23383555203,006 ft
42-23383556223,015 ft
42-23383557233,036 ft
42-23383558253,033 ft
42-23383559263,011 ft
42-23383560273,016 ft
42-2330981611G2,993 ftJan 1995Jan 1997Yes

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 202602789.753.15$85
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 2025024160.553.23$779
Apr 2025011562.363.54$407
Mar 202509067.704.27$384
Feb 202506870.884.34$295
Jan 2025017174.324.28$732
Dec 2024286168.993.12$2,122
Nov 20240069.052.20$0
Oct 20240071.372.28$0
Sep 20240069.612.36$0
Aug 202440075.632.06$3,025
Jul 20240079.932.15$0
Jun 20240078.082.63$0
May 20240078.812.20$0
Apr 2024124084.451.66$10,472
Mar 20240080.301.55$0
Feb 202446076.091.78$3,500
Jan 2024022573.023.30$742
Dec 20232623871.262.61$2,474
Nov 20233014177.892.81$2,733
Oct 2023023185.443.09$713
Sep 2023573889.042.74$5,179
Aug 202304880.522.67$128
Jul 20230074.852.64$0
Jun 20233115168.962.26$2,479
May 20232029770.622.23$2,074
Apr 20232214078.122.24$2,032
Mar 20233518172.852.39$2,983
Feb 2023149975.112.47$1,296
Jan 202327076.533.39$2,066
Dec 20224631276.415.73$5,302
Nov 20223268485.005.65$6,582
Oct 20223949587.185.86$6,303
Sep 202204684.888.16$376
Aug 20223926394.529.13$6,087
Jul 20226944101.587.54$7,341
Jun 20220461115.097.98$3,677
May 202241657109.378.43$10,025
Apr 202240293104.226.84$6,172
Mar 20220605108.885.08$3,071
Feb 2022436991.054.86$2,157
Jan 20222729581.844.54$3,548
Dec 2021016571.323.90$643
Nov 20214539577.435.24$5,553
Oct 2021051779.795.71$2,954
Sep 20216556669.865.35$7,570
Aug 2021011766.024.22$494
Jul 2021536670.783.98$4,014
Jun 20213052169.493.38$3,846
May 20214836863.483.02$4,158
Apr 20214757560.362.76$4,423
Mar 20215759261.302.72$5,103
Feb 2021281,09657.805.55$7,699
Jan 20216231150.412.81$3,999
Dec 20207761344.642.68$5,077
Nov 20204582038.772.71$3,964
Oct 20207977436.972.48$4,839
Sep 2020088437.091.99$1,760
Aug 202011184039.982.39$6,441
Jul 202021684238.371.83$9,825
Jun 2020055734.901.69$942
May 20200016.921.81$0
Apr 202094014.751.80$1,387
Mar 2020136030.341.86$4,126
Feb 2020132049.881.98$6,584
Jan 202057057.252.09$3,263
Dec 201941059.012.30$2,419
Nov 201944055.302.75$2,433
Oct 201945053.472.42$2,406
Sep 201949055.052.66$2,697
Aug 201938053.112.30$2,018
Jul 201944056.272.46$2,476
Jun 201947052.782.49$2,481
May 20190058.482.74$0
Apr 20190062.632.75$0
Mar 201944056.803.06$2,499
Feb 20190050.852.79$0
Jan 201936046.033.23$1,657
Dec 20180046.594.19$0
Nov 20180052.934.24$0
Oct 201822061.443.40$1,352
Sep 20180059.543.11$0
Aug 20180059.403.07$0
Jul 20180065.142.93$0
Jun 20186060.183.08$361
May 20180065.382.90$0
Apr 201819063.842.90$1,213
Mar 20180061.222.79$0
Feb 20180061.782.77$0
Jan 201846062.874.01$2,892
Dec 20170057.272.92$0
Nov 20170055.423.12$0
Oct 201748049.292.98$2,366
Sep 20170047.523.09$0
Aug 20170045.373.00$0
Jul 20170043.873.09$0
Jun 201747042.493.09$1,997
May 201749045.373.26$2,223
Apr 201748047.933.21$2,301
Mar 20170046.772.98$0
Feb 20170050.452.95$0
Jan 20170049.413.42$0
Dec 20160048.763.72$0
Nov 201649042.492.64$2,082
Oct 20160046.193.09$0
Sep 201647041.553.10$1,953
Aug 201651041.442.92$2,113
Jul 201697041.622.92$4,037
Jun 20160045.352.69$0
May 201648042.521.99$2,041
Apr 201695036.561.99$3,473
Mar 20160033.011.79$0
Feb 201647026.472.06$1,244
Jan 20161439127.352.36$4,126
Dec 2015497032.362.00$1,726
Nov 2015487438.792.17$2,022
Oct 20151005543.552.43$4,488
Sep 2015148042.992.76$6,363
Aug 20154715740.162.87$2,339
Jul 2015197048.152.95$9,486
Jun 2015985456.152.88$5,658
May 20152114255.212.96$11,773
Apr 20151678049.822.71$8,536
Mar 20151688142.892.93$7,443
Feb 20150044.662.98$0
Jan 20150043.433.10$0
Dec 20140054.693.59$0
Nov 20140070.464.25$0
Oct 20140078.303.90$0
Sep 20140086.164.05$0
Aug 20140089.394.04$0
Jul 20140096.564.18$0
Jun 20140098.164.74$0
May 20140094.734.73$0
Apr 20140095.944.81$0
Mar 20140095.895.06$0
Feb 20140097.406.19$0
Jan 20140090.404.86$0
Dec 20130091.824.35$0
Nov 20130088.853.74$0
Oct 20130097.423.78$0
Sep 201300104.113.72$0
Aug 201300104.253.52$0
Jul 201300102.523.72$0
Jun 20130094.403.93$0
May 20130094.834.15$0
Apr 20130093.964.28$0
Mar 20130093.623.91$0
Feb 20130091.233.42$0
Jan 20130091.603.42$0
Dec 20120086.773.42$0
Nov 20120086.953.62$0
Oct 20120089.383.40$0
Sep 20120094.672.92$0
Aug 20120092.662.91$0
Jul 20120085.133.02$0
Jun 2012238079.822.52$18,997
May 20120091.612.49$0
Apr 201200101.652.00$0
Mar 201200105.052.22$0
Feb 201200101.102.57$0
Jan 20120098.092.73$0
Dec 20110096.873.24$0
Nov 20110095.723.31$0
Oct 20110084.983.65$0
Sep 20110083.623.99$0
Aug 2011221083.404.15$18,431
Jul 20110094.144.52$0
Jun 20110092.904.64$0
May 20110098.134.40$0
Apr 201100105.964.33$0
Mar 20110096.364.06$0
Feb 20110085.644.18$0
Jan 20110086.504.59$0
Dec 20100085.734.35$0
Nov 20100080.843.80$0
Oct 20100078.103.51$0
Sep 20100072.633.98$0
Aug 20100073.684.42$0
Jul 20100072.554.74$0
Jun 20100070.364.91$0
May 20100071.124.24$0
Apr 20100081.694.12$0
Mar 20100078.394.39$0
Feb 20100073.585.44$0
Jan 20100074.365.96$0
Dec 20090071.445.48$0
Nov 20090074.593.75$0
Oct 20090072.544.11$0
Sep 20090065.543.06$0
Aug 20090067.423.22$0
Jul 20090061.133.46$0
Jun 20090066.163.90$0
May 20090054.743.93$0
Apr 20090046.773.59$0
Mar 20090042.144.06$0
Feb 20090032.814.63$0
Jan 20090035.865.37$0
Dec 20080037.105.98$0
Nov 20080055.496.86$0
Oct 20080075.246.92$0
Sep 200800101.767.88$0
Aug 200800114.228.48$0
Jul 200800131.0811.39$0
Jun 200800131.3313.03$0
May 200800123.1711.57$0
Apr 200800110.3110.45$0
Mar 200800101.909.66$0
Feb 20080092.538.77$0
Jan 20080090.388.21$0
Dec 20070088.337.30$0
Nov 20070091.677.29$0
Oct 20070082.856.92$0
Sep 20070075.846.24$0
Aug 20070069.066.39$0
Jul 20070070.906.39$0
Jun 20070062.007.55$0
May 20070058.747.85$0
Apr 20070059.617.81$0
Mar 20070056.927.30$0
Feb 2007089455.108.22$7,345
Jan 20070050.306.73$0
Dec 20060056.656.92$0
Nov 20060054.207.62$0
Oct 20060054.906.01$0
Sep 20060060.085.04$0
Aug 20060068.717.34$0
Jul 20060069.376.34$0
Jun 20060066.286.38$0
May 20060066.016.42$0
Apr 20060064.397.36$0
Mar 20060056.707.08$0
Feb 20060057.597.75$0
Jan 20060060.598.93$0
Dec 20050054.9413.42$0
Nov 20050054.6910.59$0
Oct 20050058.3413.80$0
Sep 20050061.4512.08$0
Aug 20050061.519.80$0
Jul 20050055.697.84$0
Jun 20050052.337.38$0
May 20050045.226.65$0
Apr 20050049.207.36$0
Mar 20050050.377.15$0
Feb 20050045.226.31$0
Jan 20050043.166.32$0
Dec 20040039.866.75$0
Nov 20040045.286.33$0
Oct 20040049.706.52$0
Sep 20040043.245.28$0
Aug 20040042.375.55$0
Jul 20040038.286.08$0
Jun 20040036.106.43$0
May 20040037.486.49$0
Apr 20040034.475.86$0
Mar 20040034.365.53$0
Feb 20040032.455.51$0
Jan 20040032.036.30$0
Dec 20030030.266.30$0
Nov 20030028.804.60$0
Oct 20030028.174.76$0
Sep 20030026.314.75$0
Aug 20030029.765.13$0
Jul 20030029.415.17$0
Jun 20030028.565.98$0
May 20030026.595.97$0
Apr 20030026.675.41$0
Mar 20030031.146.10$0
Feb 20030033.487.93$0
Jan 20030030.315.58$0
Dec 20020026.914.85$0
Nov 20020024.664.14$0
Oct 20020026.464.23$0
Sep 20020027.443.64$0
Aug 20020025.963.16$0
Jul 20020024.583.06$0
Jun 20020023.733.34$0
May 20020024.663.58$0
Apr 20020023.653.51$0
Mar 20020022.003.10$0
Feb 20020018.222.38$0
Jan 20020017.172.38$0
Dec 20010016.932.36$0
Nov 20010018.072.41$0
Oct 20010019.782.53$0
Sep 20010024.262.25$0
Aug 20010024.873.05$0
Jul 20010023.933.20$0
Jun 20010024.563.82$0
May 20010025.524.31$0
Apr 20010024.685.34$0
Mar 20010024.545.38$0
Feb 20010027.755.77$0
Jan 20010027.478.40$0
Dec 20000026.889.12$0
Nov 20000032.215.66$0
Oct 20000031.235.15$0
Sep 20000031.875.19$0
Aug 20000029.644.54$0
Jul 20000028.534.09$0
Jun 20000029.304.40$0
May 2000016627.263.68$611
Apr 2000010024.513.12$312
Mar 200008128.422.86$232
Feb 2000021127.622.73$575
Jan 2000022425.272.48$556
Dec 1999019024.282.42$461
Nov 1999018623.192.43$453
Oct 19994926320.982.80$1,765
Sep 199916231421.752.62$4,346
Aug 1999013619.262.88$391
Jul 199907017.892.37$166
Jun 19996619415.942.36$1,510
May 1999019715.792.32$457
Apr 199910815415.102.21$1,971
Mar 1999018612.471.84$342
Feb 19997809.981.82$778
Jan 1999046610.381.90$885
Dec 19981761319.201.77$1,852
Nov 1998025510.892.19$557
Oct 1998019612.421.97$386
Sep 1998021812.592.08$454
Aug 19987330411.301.91$1,405
Jul 1998035211.742.24$788
Jun 199814425911.242.24$2,198
May 1998045512.622.21$1,004
Apr 199816647713.042.51$3,360
Mar 199815430212.802.31$2,669
Feb 199816732013.952.30$3,065
Jan 199814022714.702.15$2,547
Dec 1997011116.322.41$268
Nov 199708718.193.09$269
Oct 1997012019.253.15$378
Sep 19970017.742.95$0
Aug 19970017.862.55$0
Jul 19970017.582.25$0
Jun 19970017.242.26$0
May 19970018.972.31$0
Apr 19970017.882.08$0
Mar 19970018.951.94$0
Feb 19970020.492.21$0
Jan 199706523.483.54$230
Dec 19960023.32$0
Nov 199624924321.97$5,471
Oct 1996030023.31$0
Sep 1996027322.22$0
Aug 1996034620.26$0
Jul 19963032819.55$587
Jun 1996038318.73$0
May 199624736719.43$4,799
Apr 1996036921.51$0
Mar 199623635119.38$4,574
Feb 1996020516.98$0
Jan 199626535417.07$4,524
Dec 1995042217.19$0
Nov 199526036516.00$4,160
Oct 199525142315.43$3,873
Sep 199525644016.18$4,142
Aug 199526040915.92$4,139
Jul 199526045315.24$3,962
Jun 199518048916.41$2,954
May 199526250517.56$4,601
Apr 199525044817.73$4,433
Mar 199523244616.44$3,814
Feb 199524539216.58$4,062
Jan 199520735415.92$3,295
Dec 199419131315.03$2,871
Nov 199426031315.90$4,134
Oct 199422132515.58$3,443
Sep 199413132515.29$2,003
Aug 199428438516.13$4,581
Jul 199410341317.56$1,809
Jun 199418835817.09$3,213
May 199413836715.88$2,191
Apr 199415832314.14$2,234
Mar 199419033512.46$2,367
Feb 199418024812.50$2,250
Jan 199418923612.66$2,393
Dec 199314622712.33$1,800
Nov 199310732114.49$1,550
Oct 199310337815.85$1,633
Sep 199311336815.03$1,698
Aug 199314739615.66$2,302
Jul 199316545915.46$2,551
Jun 199332648616.79$5,474
May 199336038217.68$6,365
Apr 199313047218.05$2,347
Mar 199332053218.14$5,805
Feb 199320320217.90$3,634
Jan 1993129116.93$2,184

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.

Mar 2026 — as filed, then multipliedworked
Oil                    0 bbl  × $ 89.75 =         $0
Casinghead gas        27 Mcf  × $  3.15 =        $85

────────────────────────────────────────────────────
Month total                                      $85

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/1238 is the state's own key, not one this site invented.