WATKINS, M.

Operated by SCOUT ENERGY MANAGEMENT LLC (P-5 760218) in the EAST TEXAS field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 7042District 6EField 27302001OilCasinghead gasSaveExport
Value, all time
$610 k
Jan 1993 – Sep 2022
Value, last 12 filed months
$284
at the published price for each month
Months reported
357
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 2,264 leases and 17,267 wells, and the rule below applies to all of them.

Discovered
1930-12-31
as the register files it
Field class
Oil
the register's own label
Between wells
330 ft
minimum
From a lease line
330 ft
minimum

A drilling unit in this field needs at least 5 acres. The field rule took effect on 2015-01-27.

The Commission's schedule remark for this field reads: THIS ORDER TO BE CANCELLED

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
OilDisposition20,307 bbl$607,677
Casinghead gasProduction7,713 Mcf$1,975
Total$609,652

7,065 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.

Every month this lease reported (357)

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

357 months

Sep 20220084.888.16$0
Aug 20220094.529.13$0
Jul 202210101.587.54$102
Jun 202200115.097.98$0
May 202200109.378.43$0
Apr 202200104.226.84$0
Mar 202200108.885.08$0
Feb 20222091.054.86$182
Jan 20220081.844.54$0
Dec 20210071.323.90$0
Nov 20210077.435.24$0
Oct 20210079.795.71$0
Sep 20213069.865.35$210
Aug 20210066.024.22$0
Jul 20210070.783.98$0
Jun 20210069.493.38$0
May 20213063.483.02$190
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 20202039.982.39$80
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 20190056.272.46$0
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 20180046.594.19$0
Nov 20180052.934.24$0
Oct 20180061.443.40$0
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 20180062.874.01$0
Dec 20170057.272.92$0
Nov 20170055.423.12$0
Oct 20170049.292.98$0
Sep 20170047.523.09$0
Aug 20170045.373.00$0
Jul 20170043.873.09$0
Jun 20170042.493.09$0
May 20170045.373.26$0
Apr 20170047.933.21$0
Mar 20170046.772.98$0
Feb 20170050.452.95$0
Jan 20170049.413.42$0
Dec 20160048.763.72$0
Nov 20160042.492.64$0
Oct 20160046.193.09$0
Sep 20160041.553.10$0
Aug 20160041.442.92$0
Jul 20160041.622.92$0
Jun 20160045.352.69$0
May 20160042.521.99$0
Apr 20160036.561.99$0
Mar 20160033.011.79$0
Feb 20160026.472.06$0
Jan 20160027.352.36$0
Dec 20150032.362.00$0
Nov 20150038.792.17$0
Oct 20150043.552.43$0
Sep 20150042.992.76$0
Aug 20150040.162.87$0
Jul 20150048.152.95$0
Jun 20150056.152.88$0
May 201511055.212.96$607
Apr 201511049.822.71$548
Mar 201540042.892.93$1,716
Feb 201513044.662.98$581
Jan 201513043.433.10$565
Dec 20140054.693.59$0
Nov 201413070.464.25$916
Oct 20140078.303.90$0
Sep 201458086.164.05$4,997
Aug 201433089.394.04$2,950
Jul 201441096.564.18$3,959
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 201326091.603.42$2,382
Dec 20120086.773.42$0
Nov 201227086.953.62$2,348
Oct 201228089.383.40$2,503
Sep 20120094.672.92$0
Aug 201228092.662.91$2,594
Jul 20120085.133.02$0
Jun 201230079.822.52$2,395
May 201257091.612.49$5,222
Apr 2012330101.652.00$3,354
Mar 2012300105.052.22$3,152
Feb 2012300101.102.57$3,033
Jan 201231098.092.73$3,041
Dec 201132096.873.24$3,100
Nov 201137095.723.31$3,542
Oct 201138084.983.65$3,229
Sep 20110083.623.99$0
Aug 201136083.404.15$3,002
Jul 201138094.144.52$3,577
Jun 201136092.904.64$3,344
May 201175098.134.40$7,360
Apr 2011340105.964.33$3,603
Mar 20110096.364.06$0
Feb 201155085.644.18$4,710
Jan 201138086.504.59$3,287
Dec 201038085.734.35$3,258
Nov 20100080.843.80$0
Oct 201032078.103.51$2,499
Sep 201036072.633.98$2,615
Aug 201038073.684.42$2,800
Jul 201038072.554.74$2,757
Jun 201038070.364.91$2,674
May 201073071.124.24$5,192
Apr 2010144081.694.12$11,763
Mar 201034078.394.39$2,665
Feb 20100073.585.44$0
Jan 20100074.365.96$0
Dec 20090071.445.48$0
Nov 20090074.593.75$0
Oct 200936072.544.11$2,611
Sep 200947065.543.06$3,080
Aug 20090067.423.22$0
Jul 200937061.133.46$2,262
Jun 20090066.163.90$0
May 200936054.743.93$1,971
Apr 200937046.773.59$1,730
Mar 20090042.144.06$0
Feb 200930032.814.63$984
Jan 200921035.865.37$753
Dec 20080037.105.98$0
Nov 200840055.496.86$2,220
Oct 200843075.246.92$3,235
Sep 200800101.767.88$0
Aug 20081220114.228.48$13,935
Jul 200800131.0811.39$0
Jun 2008940131.3313.03$12,345
May 2008420123.1711.57$5,173
Apr 2008470110.3110.45$5,185
Mar 200800101.909.66$0
Feb 200841092.538.77$3,794
Jan 200839090.388.21$3,525
Dec 20070088.337.30$0
Nov 20070091.677.29$0
Oct 200743082.856.92$3,563
Sep 200739075.846.24$2,958
Aug 20070069.066.39$0
Jul 200746070.906.39$3,261
Jun 200742062.007.55$2,604
May 200741058.747.85$2,408
Apr 200740059.617.81$2,384
Mar 200767056.927.30$3,814
Feb 200774055.108.22$4,077
Jan 200752050.306.73$2,616
Dec 200659056.656.92$3,342
Nov 20060054.207.62$0
Oct 200682054.906.01$4,502
Sep 20060060.085.04$0
Aug 200684068.717.34$5,772
Jul 20060069.376.34$0
Jun 200662066.286.38$4,109
May 200673066.016.42$4,819
Apr 20060064.397.36$0
Mar 200663056.707.08$3,572
Feb 20060057.597.75$0
Jan 200628060.598.93$1,697
Dec 200531054.9413.42$1,703
Nov 200551054.6910.59$2,789
Oct 2005117058.3413.80$6,826
Sep 20050061.4512.08$0
Aug 200538061.519.80$2,337
Jul 200548055.697.84$2,673
Jun 200535052.337.38$1,832
May 200542045.226.65$1,899
Apr 200540049.207.36$1,968
Mar 2005115050.377.15$5,793
Feb 200530045.226.31$1,357
Jan 200541043.166.32$1,770
Dec 200477039.866.75$3,069
Nov 200454045.286.33$2,445
Oct 200438049.706.52$1,889
Sep 2004111043.245.28$4,800
Aug 20040042.375.55$0
Jul 200464038.286.08$2,450
Jun 200454036.106.43$1,949
May 200456037.486.49$2,099
Apr 200452034.475.86$1,792
Mar 200440034.365.53$1,374
Feb 200447032.455.51$1,525
Jan 200447032.036.30$1,505
Dec 200338030.266.30$1,150
Nov 200353028.804.60$1,526
Oct 200343028.174.76$1,211
Sep 200342026.314.75$1,105
Aug 200360029.765.13$1,786
Jul 200354029.415.17$1,588
Jun 2003132028.565.98$3,770
May 20030026.595.97$0
Apr 200363026.675.41$1,680
Mar 200351031.146.10$1,588
Feb 200354033.487.93$1,808
Jan 200383030.315.58$2,516
Dec 200246026.914.85$1,238
Nov 200276024.664.14$1,874
Oct 200283026.464.23$2,196
Sep 20020027.443.64$0
Aug 200261025.963.16$1,584
Jul 200286024.583.06$2,114
Jun 200231023.733.34$736
May 200272024.663.58$1,776
Apr 200221023.653.51$497
Mar 200262022.003.10$1,364
Feb 200263018.222.38$1,148
Jan 200296017.172.38$1,648
Dec 2001113016.932.36$1,913
Nov 2001105018.072.41$1,897
Oct 2001112019.782.53$2,215
Sep 2001100024.262.25$2,426
Aug 200188024.873.05$2,189
Jul 200192023.933.20$2,202
Jun 200186024.563.82$2,112
May 2001124025.524.31$3,164
Apr 2001138024.685.34$3,406
Mar 2001122024.545.38$2,994
Feb 2001169027.755.77$4,690
Jan 2001147027.478.40$4,038
Dec 200066026.889.12$1,774
Nov 2000135032.215.66$4,348
Oct 2000154031.235.15$4,809
Sep 200097031.875.19$3,091
Aug 2000148029.644.54$4,387
Jul 2000181028.534.09$5,164
Jun 2000108029.304.40$3,164
May 2000128027.263.68$3,489
Apr 2000176024.513.12$4,314
Mar 2000158028.422.86$4,490
Feb 2000186027.622.73$5,137
Jan 200083025.272.48$2,097
Dec 1999125024.282.42$3,035
Nov 1999108023.192.43$2,505
Oct 1999106020.982.80$2,224
Sep 1999136021.752.62$2,958
Aug 1999114019.262.88$2,196
Jul 1999105017.892.37$1,878
Jun 1999135015.942.36$2,152
May 1999165015.792.32$2,605
Apr 199983015.102.21$1,253
Mar 1999118012.471.84$1,471
Feb 19997909.981.82$788
Jan 1999144010.381.90$1,495
Dec 199813709.201.77$1,260
Nov 199848010.892.19$523
Oct 1998147012.421.97$1,826
Sep 199892012.592.08$1,158
Aug 1998143011.301.91$1,616
Jul 199862011.742.24$728
Jun 1998107011.242.24$1,203
May 1998135012.622.21$1,704
Apr 1998148013.042.51$1,930
Mar 1998145012.802.31$1,856
Feb 1998138013.952.30$1,925
Jan 1998142014.702.15$2,087
Dec 1997144016.322.41$2,350
Nov 1997141018.193.09$2,565
Oct 1997166019.253.15$3,196
Sep 1997143017.742.95$2,537
Aug 1997162017.862.55$2,893
Jul 1997124017.582.25$2,180
Jun 1997167017.242.26$2,879
May 1997151018.972.31$2,864
Apr 1997150017.882.08$2,682
Mar 1997148018.951.94$2,805
Feb 199721523920.492.21$4,933
Jan 19976640923.483.54$2,997
Dec 199620230523.32$4,711
Nov 19962877921.97$6,305
Oct 19962368123.31$5,501
Sep 19962027922.22$4,488
Aug 19962398120.26$4,842
Jul 19961468119.55$2,854
Jun 1996657118.73$1,217
May 19961236619.43$2,390
Apr 1996989421.51$2,108
Mar 199611829619.38$2,287
Feb 19966622616.98$1,121
Jan 1996679017.07$1,144
Dec 1995766117.19$1,306
Nov 1995693916.00$1,104
Oct 19951012015.43$1,558
Sep 1995857516.18$1,375
Aug 1995674615.92$1,067
Jul 199510518715.24$1,600
Jun 19951089816.41$1,772
May 1995392217.56$685
Apr 19958511917.73$1,507
Mar 199511215816.44$1,841
Feb 199512918516.58$2,139
Jan 199514519515.92$2,308
Dec 199415518815.03$2,330
Nov 19941419715.90$2,242
Oct 19941533215.58$2,384
Sep 19941434915.29$2,186
Aug 199414617716.13$2,355
Jul 199419646817.56$3,442
Jun 199426833017.09$4,580
May 199419518515.88$3,097
Apr 199418245814.14$2,573
Mar 199417261512.46$2,143
Feb 199416330812.50$2,038
Jan 19941503112.66$1,899
Dec 19931467712.33$1,800
Nov 19931548614.49$2,231
Oct 199317210615.85$2,726
Sep 19931677315.03$2,510
Aug 19931738215.66$2,709
Jul 199317611615.46$2,721
Jun 199318114316.79$3,039
May 199317613617.68$3,112
Apr 199317114718.05$3,087
Mar 199310920718.14$1,977
Feb 19931729717.90$3,079
Jan 199316210316.93$2,743

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.

Jul 2022 — as filed, then multipliedworked
Oil                    1 bbl  × $101.58 =       $102
Casinghead gas         0 Mcf  × $  7.54 =         $0

────────────────────────────────────────────────────
Month total                                     $102

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. 6E/O/7042 is the state's own key, not one this site invented.