WATKINS

Operated by BEAR CREEK OPERATING (P-5 60119) 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 968District 10Field 68887001NGPA filingOilCasinghead 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.

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
NGPA15none

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
OilDisposition22,193 bbl$1,363,967
Casinghead gasProduction136,017 Mcf$509,679
Total$1,873,646

15,106 Mcf of this lease's gas, across 23 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 (18)

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 35.7265, -101.3187. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.7 miles.

35.72758, -101.31934 · 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
38.9%
7 of 18 wells
With a plug date
22.2%
4 of 18 wells
Median depth
2,858 ft
10 wells filed one
Completion to plug
44.0 years
median over 1 well

What the state filed about each well

On the RRC proration schedule
738.9%
A plug date is filed
422.2%
BothOn the schedule and plugged. Neither fact cancels the other.
422.2%
NeitherNo plug date, and not on the schedule.
1161.1%

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, 10 of 18 wells. Median 2,858 ft, with the middle half between 2,830 and 2,924 ft; the shallowest is 2,786 ft and the deepest 2,998 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, 7 of 18 wells, Mar 1962 – Apr 1996. This is the LAST completion filed on each wellbore, not the first — a well recompleted in 2019 counts once, in the 2010s.

Completions filed
Mar 1962 – Apr 1996
7 of 18 wells; 11 filed none
Plug dates filed
Mar 2006 – Jun 2012
4 of 18 wells; 14 filed none

Last completion to plug: a median of 44.0 years across the 1 well that filed both dates, with the middle half between 44.0 years and 44.0 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

18 wells

42-2331012612,786 ftJun 2012Yes
42-2331014372,876 ftMar 2006Yes
42-2338216052,796 ftMar 2012Yes
42-233821582
42-233821638
42-233821649
42-2338216510
42-2338216611
42-2338216712
42-2338217115
42-2338217219
42-2331013442,840 ftApr 1996Yes
42-23311682132,928 ftNov 1990Yes
42-2338216162,835 ftOct 1989
42-2338653232,828 ftSep 1989Yes
42-23330917142,960 ftJan 1981
42-23330915162,998 ftDec 1980
42-23313608202,910 ftMar 1962Mar 2006Yes

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 2025166060.553.23$10,051
Apr 20250062.363.54$0
Mar 202504167.704.27$175
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 2024128078.812.20$10,088
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 2023120074.852.64$8,982
Jun 2023011468.962.26$257
May 2023029770.622.23$662
Apr 202309178.122.24$204
Mar 2023032872.852.39$785
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 2022042394.529.13$3,861
Jul 202200101.587.54$0
Jun 2022082115.097.98$654
May 2022910109.378.43$9,953
Apr 2022910104.226.84$9,484
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 202199069.865.35$6,916
Aug 20210066.024.22$0
Jul 20210070.783.98$0
Jun 2021230069.493.38$15,983
May 20210063.483.02$0
Apr 20210060.362.76$0
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 2020109039.982.39$4,358
Jul 202094038.371.83$3,607
Jun 20200034.901.69$0
May 2020126016.921.81$2,132
Apr 202007314.751.80$132
Mar 2020018330.341.86$340
Feb 202002349.881.98$46
Jan 2020113057.252.09$6,469
Dec 2019021659.012.30$498
Nov 201911428255.302.75$7,080
Oct 201907753.472.42$186
Sep 2019030655.052.66$813
Aug 20199214653.112.30$5,223
Jul 201908256.272.46$202
Jun 201903852.782.49$95
May 2019132058.482.74$7,719
Apr 2019017062.632.75$468
Mar 20191293156.803.06$7,422
Feb 2019012550.852.79$349
Jan 201909046.033.23$291
Dec 201806846.594.19$285
Nov 20180052.934.24$0
Oct 201813613661.443.40$8,818
Sep 2018021759.543.11$674
Aug 2018022859.403.07$699
Jul 201813211965.142.93$8,947
Jun 2018018160.183.08$557
May 2018015965.382.90$461
Apr 20180063.842.90$0
Mar 20180061.222.79$0
Feb 20181214861.782.77$7,608
Jan 20180062.874.01$0
Dec 20170057.272.92$0
Nov 20170055.423.12$0
Oct 201703149.292.98$92
Sep 20170047.523.09$0
Aug 2017134045.373.00$6,080
Jul 201707343.873.09$225
Jun 2017017542.493.09$540
May 201712819245.373.26$6,434
Apr 2017012947.933.21$414
Mar 201712430646.772.98$6,712
Feb 2017031350.452.95$924
Jan 2017024049.413.42$821
Dec 2016024248.763.72$901
Nov 2016040442.492.64$1,068
Oct 201613531646.193.09$7,212
Sep 20162439141.553.10$2,210
Aug 2016044541.442.92$1,301
Jul 201613243741.622.92$6,772
Jun 2016040145.352.69$1,077
May 201613710942.521.99$6,042
Apr 2016017536.561.99$348
Mar 2016042333.011.79$759
Feb 201613645626.472.06$4,541
Jan 2016048427.352.36$1,144
Dec 201513149032.362.00$5,220
Nov 2015053138.792.17$1,151
Oct 2015049043.552.43$1,189
Sep 201513051742.992.76$7,015
Aug 2015045840.162.87$1,316
Jul 201513040248.152.95$7,443
Jun 201513041556.152.88$8,496
May 2015039955.212.96$1,179
Apr 2015023349.822.71$631
Mar 201513648742.892.93$7,262
Feb 2015041644.662.98$1,238
Jan 201512214943.433.10$5,760
Dec 201412944854.693.59$8,664
Nov 20140070.464.25$0
Oct 2014027078.303.90$1,053
Sep 201413046086.164.05$13,062
Aug 201413239089.394.04$13,373
Jul 201413152996.564.18$14,860
Jun 2014050598.164.74$2,392
May 201413336794.734.73$14,334
Apr 2014040795.944.81$1,957
Mar 201413249095.895.06$15,135
Feb 201412942397.406.19$15,184
Jan 2014039790.404.86$1,930
Dec 201313119891.824.35$12,891
Nov 201312942188.853.74$13,035
Oct 201313642797.423.78$14,863
Sep 20130576104.113.72$2,141
Aug 2013124491104.253.52$14,657
Jul 20130461102.523.72$1,714
Jun 201313125294.403.93$13,358
May 201313223794.834.15$13,501
Apr 2013010593.964.28$450
Mar 201313711093.623.91$13,256
Feb 201303591.233.42$120
Jan 201313737891.603.42$13,842
Dec 2012042086.773.42$1,436
Nov 201213728086.953.62$12,927
Oct 201213650389.383.40$13,866
Sep 201213319694.672.92$13,163
Aug 201213151292.662.91$13,627
Jul 2012055985.133.02$1,689
Jun 201213256979.822.52$11,970
May 201213646491.612.49$13,614
Apr 2012127213101.652.00$13,335
Mar 2012134471105.052.22$15,123
Feb 2012131405101.102.57$14,285
Jan 201213747398.092.73$14,732
Dec 201113641096.873.24$14,503
Nov 2011040795.723.31$1,348
Oct 201113244284.983.65$12,830
Sep 201113647283.623.99$13,254
Aug 201113352883.404.15$13,283
Jul 201113040794.144.52$14,077
Jun 201113420192.904.64$13,381
May 201113241598.134.40$14,781
Apr 20110155105.964.33$672
Mar 20112665996.364.06$25,871
Feb 2011061385.644.18$2,562
Jan 201113654186.504.59$14,247
Dec 201013756485.734.35$14,197
Nov 201013967280.843.80$13,787
Oct 201013216778.103.51$10,895
Sep 2010013472.633.98$533
Aug 201013058373.684.42$12,155
Jul 2010039772.554.74$1,880
Jun 20104344370.364.91$5,201
May 2010135071.124.24$9,601
Apr 2010128081.694.12$10,456
Mar 201012015678.394.39$10,091
Feb 2010143073.585.44$10,522
Jan 201013536374.365.96$12,204
Dec 200914149771.445.48$12,798
Nov 200913262474.593.75$12,187
Oct 200912563972.544.11$11,694
Sep 200913458365.543.06$10,569
Aug 200915184067.423.22$12,884
Jul 200931484761.133.46$22,129
Jun 200916282666.163.90$13,935
May 200915850154.743.93$10,616
Apr 200915776846.773.59$10,098
Mar 200915269942.144.06$9,243
Feb 200930737032.814.63$11,787
Jan 200916067635.865.37$9,368
Dec 200815447037.105.98$8,523
Nov 200815464955.496.86$12,998
Oct 200815966675.246.92$16,573
Sep 2008163782101.767.88$22,747
Aug 2008159664114.228.48$23,794
Jul 2008155770131.0811.39$29,087
Jun 2008316745131.3313.03$51,210
May 2008158762123.1711.57$28,280
Apr 2008316641110.3110.45$41,560
Mar 2008159774101.909.66$23,682
Feb 200815665592.538.77$20,179
Jan 200826360090.388.21$28,693
Dec 200726055688.337.30$27,026
Nov 2007061491.677.29$4,477
Oct 200739969382.856.92$37,854
Sep 200726775675.846.24$24,970
Aug 200740095069.066.39$33,693
Jul 200701,10470.906.39$7,052
Jun 20071791,35062.007.55$21,288
May 20071781,26258.747.85$20,358
Apr 200733743159.617.81$23,453
Mar 200718434156.927.30$12,963
Feb 2007081155.108.22$6,663
Jan 2007066250.306.73$4,453
Dec 2006056256.656.92$3,888
Nov 200618458154.207.62$14,399
Oct 2006062254.906.01$3,741
Sep 2006074960.085.04$3,773
Aug 2006099568.717.34$7,303
Jul 2006081769.376.34$5,182
Jun 20061801,05166.286.38$18,640
May 2006095666.016.42$6,142
Apr 2006083264.397.36$6,124
Mar 2006051556.707.08$3,648
Feb 20060057.597.75$0
Jan 20060060.598.93$0
Dec 20050054.9413.42$0
Nov 20050054.6910.59$0
Oct 2005279058.3413.80$16,277
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 200110456718.072.41$3,243
Oct 200101,74519.782.53$4,413
Sep 2001059624.262.25$1,342
Aug 2001080624.873.05$2,461
Jul 200101,50923.933.20$4,824
Jun 200101,24724.563.82$4,769
May 2001064925.524.31$2,795
Apr 200101,05924.685.34$5,650
Mar 200101,26324.545.38$6,790
Feb 2001063927.755.77$3,685
Jan 2001046927.478.40$3,939
Dec 200001,36326.889.12$12,434
Nov 200001,04332.215.66$5,901
Oct 2000015231.235.15$782
Sep 20000031.875.19$0
Aug 2000023529.644.54$1,067
Jul 200001,03928.534.09$4,249
Jun 2000020829.304.40$915
May 2000029327.263.68$1,078
Apr 2000084624.513.12$2,636
Mar 2000093128.422.86$2,662
Feb 2000083327.622.73$2,271
Jan 2000077725.272.48$1,927
Dec 1999029324.282.42$710
Nov 19990023.192.43$0
Oct 1999043120.982.80$1,208
Sep 1999063221.752.62$1,655
Aug 1999090719.262.88$2,608
Jul 1999082317.892.37$1,952
Jun 1999093315.942.36$2,204
May 199901,01315.792.32$2,351
Apr 1999087415.102.21$1,930
Mar 1999087812.471.84$1,614
Feb 199906839.981.82$1,242
Jan 1999065310.381.90$1,241
Dec 199807509.201.77$1,330
Nov 1998098910.892.19$2,162
Oct 1998089012.421.97$1,753
Sep 19981671,13712.592.08$4,470
Aug 199801,18111.301.91$2,253
Jul 199817356711.742.24$3,300
Jun 199801,10211.242.24$2,465
May 199801,05412.622.21$2,325
Apr 19981791,08613.042.51$5,055
Mar 199801,08212.802.31$2,499
Feb 1998090413.952.30$2,078
Jan 199818478114.702.15$4,388
Dec 1997085616.322.41$2,064
Nov 1997091918.193.09$2,838
Oct 19973571,35219.253.15$11,131
Sep 199701,14517.742.95$3,383
Aug 199701,20017.862.55$3,066
Jul 19971781,22417.582.25$5,879
Jun 1997087917.242.26$1,984
May 199717577618.972.31$5,111
Apr 199701,10217.882.08$2,295
Mar 19971741,19918.951.94$5,622
Feb 19971711,18320.492.21$6,113
Jan 199701,23223.483.54$4,361
Dec 199616327623.32$3,801
Nov 19960021.97$0
Oct 1996150023.31$3,497
Sep 19960022.22$0
Aug 19960020.26$0
Jul 19960019.55$0
Jun 19960018.73$0
May 19960019.43$0
Apr 19960021.51$0
Mar 19960019.38$0
Feb 19960016.98$0
Jan 19960017.07$0
Dec 19950017.19$0
Nov 19950016.00$0
Oct 19950015.43$0
Sep 19950016.18$0
Aug 19950015.92$0
Jul 19950015.24$0
Jun 19950016.41$0
May 1995176017.56$3,091
Apr 19950017.73$0
Mar 19950016.44$0
Feb 1995171016.58$2,835
Jan 19950015.92$0
Dec 19940015.03$0
Nov 1994169015.90$2,687
Oct 1994035415.58$0
Sep 1994073915.29$0
Aug 1994074516.13$0
Jul 199418179117.56$3,178
Jun 1994081117.09$0
May 199417885215.88$2,827
Apr 199417784914.14$2,503
Mar 1994093212.46$0
Feb 199416581512.50$2,063
Jan 199415552312.66$1,962
Dec 1993040012.33$0
Nov 19931811,25514.49$2,623
Oct 199318167315.85$2,869
Sep 1993086015.03$0
Aug 19931811,06615.66$2,834
Jul 19931701,13815.46$2,628
Jun 199317895816.79$2,989
May 199334718717.68$6,135
Apr 1993033618.05$0
Mar 1993014718.14$0
Feb 199332028817.90$5,728
Jan 1993011116.93$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 2025 — as filed, then multipliedworked
Oil                  166 bbl  × $ 60.55 =    $10,051
Casinghead gas         0 Mcf  × $  3.23 =         $0

────────────────────────────────────────────────────
Month total                                  $10,051

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/968 is the state's own key, not one this site invented.