FILES, VERNON

Operated by WATSON OIL & GAS, INC. (P-5 901174) in the MITTIE (MARBLE FALLS) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 111808District 7BField 62229666Hydrogen sulphide fieldNGPA filingGasSaveExport
Value, all time
$31 k
Jan 1993 – Jun 2017
Value, last 12 filed months
$14
at the published price for each month
Months reported
294
no gaps in the span
Streams
1
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 134 leases and 152 wells, and the rule below applies to all of them.

Discovered
1978-03-05
as the register files it
Field class
Oil and gas
the register's own label
Between wells
1,200 ft
minimum
From a lease line
467 ft
minimum

A drilling unit in this field needs at least 40 acres.

The register flags this field for hydrogen sulphide. That is a poisonous gas that occurs naturally in some formations. The flag is a property of the field as the Commission records it. It is not a measurement taken at this lease, and it is not a statement that gas is escaping anywhere.

The Commission's schedule remark for this field reads: OPT ACREAGE 160 PLUT 10 TOL W/4500' DIAG/LAST WELL 20 AC

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
NGPA1none

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
GasProduction13,175 Mcf$30,792
Total$30,792

6,266 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 32.1585, -98.6923. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.15855, -98.69228 · 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
100.0%
1 of 1 wells
With a plug date
100.0%
1 of 1 wells
Median depth
2,885 ft
1 wells filed one
Completion to plug
32.9 years
median over 1 well

What the state filed about each well

On the RRC proration schedule
1100.0%
A plug date is filed
1100.0%
BothOn the schedule and plugged. Neither fact cancels the other.
1100.0%
NeitherNo plug date, and not on the schedule.
00.0%

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

The one well that filed a depth was drilled to 2,885 ft.

Completions filed
Jul 1984
1 of 1 wells
Plug dates filed
Jun 2017
1 of 1 wells

Last completion to plug: a median of 32.9 years across the 1 well that filed both dates, with the middle half between 32.9 years and 32.9 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-0933127022,885 ftJul 1984Jun 2017Yes

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 (294)

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

294 months

Jun 2017042.493.09$0
May 2017045.373.26$0
Apr 2017047.933.21$0
Mar 2017146.772.98$3
Feb 2017150.452.95$3
Jan 2017049.413.42$0
Dec 2016048.763.72$0
Nov 2016142.492.64$3
Oct 2016046.193.09$0
Sep 2016041.553.10$0
Aug 2016141.442.92$3
Jul 2016141.622.92$3
Jun 2016145.352.69$3
May 2016142.521.99$2
Apr 2016036.561.99$0
Mar 2016033.011.79$0
Feb 2016126.472.06$2
Jan 2016127.352.36$2
Dec 2015732.362.00$14
Nov 2015138.792.17$2
Oct 2015143.552.43$2
Sep 2015942.992.76$25
Aug 2015140.162.87$3
Jul 2015148.152.95$3
Jun 2015156.152.88$3
May 2015155.212.96$3
Apr 2015149.822.71$3
Mar 2015142.892.93$3
Feb 2015144.662.98$3
Jan 2015143.433.10$3
Dec 2014154.693.59$4
Nov 2014170.464.25$4
Oct 2014178.303.90$4
Sep 2014186.164.05$4
Aug 2014189.394.04$4
Jul 2014196.564.18$4
Jun 2014198.164.74$5
May 2014194.734.73$5
Apr 2014095.944.81$0
Mar 2014195.895.06$5
Feb 2014197.406.19$6
Jan 2014190.404.86$5
Dec 2013091.824.35$0
Nov 2013188.853.74$4
Oct 2013897.423.78$30
Sep 20136104.113.72$22
Aug 20131104.253.52$4
Jul 20130102.523.72$0
Jun 2013794.403.93$28
May 2013094.834.15$0
Apr 2013893.964.28$34
Mar 2013093.623.91$0
Feb 2013691.233.42$21
Jan 2013091.603.42$0
Dec 2012886.773.42$27
Nov 2012086.953.62$0
Oct 20121189.383.40$37
Sep 2012094.672.92$0
Aug 20121292.662.91$35
Jul 2012085.133.02$0
Jun 20121179.822.52$28
May 2012091.612.49$0
Apr 201211101.652.00$22
Mar 20120105.052.22$0
Feb 201211101.102.57$28
Jan 2012098.092.73$0
Dec 2011996.873.24$29
Nov 2011895.723.31$26
Oct 2011584.983.65$18
Sep 20111083.623.99$40
Aug 2011283.404.15$8
Jul 2011694.144.52$27
Jun 20111092.904.64$46
May 2011198.134.40$4
Apr 201111105.964.33$48
Mar 2011296.364.06$8
Feb 2011685.644.18$25
Jan 2011886.504.59$37
Dec 2010585.734.35$22
Nov 2010980.843.80$34
Oct 2010678.103.51$21
Sep 2010572.633.98$20
Aug 20101173.684.42$49
Jul 2010472.554.74$19
Jun 20101070.364.91$49
May 20101071.124.24$42
Apr 2010081.694.12$0
Mar 20101078.394.39$44
Feb 2010573.585.44$27
Jan 2010774.365.96$42
Dec 2009771.445.48$38
Nov 2009274.593.75$8
Oct 2009672.544.11$25
Sep 2009565.543.06$15
Aug 2009867.423.22$26
Jul 20091261.133.46$42
Jun 20091566.163.90$58
May 2009554.743.93$20
Apr 2009046.773.59$0
Mar 20091442.144.06$57
Feb 20092032.814.63$93
Jan 20091535.865.37$81
Dec 20081937.105.98$114
Nov 20082055.496.86$137
Oct 20081675.246.92$111
Sep 200816101.767.88$126
Aug 200817114.228.48$144
Jul 200819131.0811.39$216
Jun 200821131.3313.03$274
May 200824123.1711.57$278
Apr 200826110.3110.45$272
Mar 200825101.909.66$242
Feb 20082292.538.77$193
Jan 20082890.388.21$230
Dec 20073288.337.30$234
Nov 20073791.677.29$270
Oct 20074982.856.92$339
Sep 20074175.846.24$256
Aug 20073169.066.39$198
Jul 20076270.906.39$396
Jun 20076062.007.55$453
May 20071658.747.85$126
Apr 20072059.617.81$156
Mar 20072356.927.30$168
Feb 20072055.108.22$164
Jan 20073950.306.73$262
Dec 20064556.656.92$311
Nov 20064754.207.62$358
Oct 20065054.906.01$301
Sep 20064060.085.04$201
Aug 20064568.717.34$330
Jul 20064069.376.34$254
Jun 20063966.286.38$249
May 20063566.016.42$225
Apr 20063564.397.36$258
Mar 20062656.707.08$184
Feb 20062857.597.75$217
Jan 20063060.598.93$268
Dec 20052854.9413.42$376
Nov 20053054.6910.59$318
Oct 20053258.3413.80$441
Sep 20052661.4512.08$314
Aug 20053061.519.80$294
Jul 20052755.697.84$212
Jun 20052352.337.38$170
May 20052645.226.65$173
Apr 20053049.207.36$221
Mar 20053150.377.15$222
Feb 20053545.226.31$221
Jan 20054743.166.32$297
Dec 20044139.866.75$277
Nov 20044345.286.33$272
Oct 20043149.706.52$202
Sep 20043543.245.28$185
Aug 20043042.375.55$167
Jul 20043238.286.08$195
Jun 20043036.106.43$193
May 20043137.486.49$201
Apr 20043334.475.86$193
Mar 20043534.365.53$194
Feb 20043632.455.51$198
Jan 20043232.036.30$202
Dec 20033030.266.30$189
Nov 20033328.804.60$152
Oct 20031828.174.76$86
Sep 2003826.314.75$38
Aug 20031229.765.13$62
Jul 20031829.415.17$93
Jun 20031528.565.98$90
May 20031626.595.97$96
Apr 2003826.675.41$43
Mar 20031831.146.10$110
Feb 20031733.487.93$135
Jan 20032030.315.58$112
Dec 20022526.914.85$121
Nov 20023324.664.14$137
Oct 20023826.464.23$161
Sep 20023527.443.64$127
Aug 20024125.963.16$130
Jul 20024424.583.06$135
Jun 20023123.733.34$103
May 20022924.663.58$104
Apr 20023023.653.51$105
Mar 20023622.003.10$112
Feb 20024018.222.38$95
Jan 20024217.172.38$100
Dec 20015216.932.36$123
Nov 2001518.072.41$12
Oct 20012119.782.53$53
Sep 20014824.262.25$108
Aug 20015724.873.05$174
Jul 20015923.933.20$189
Jun 20017224.563.82$275
May 20016025.524.31$258
Apr 20016024.685.34$320
Mar 20015224.545.38$280
Feb 20014627.755.77$265
Jan 20018527.478.40$714
Dec 200010126.889.12$921
Nov 20005732.215.66$323
Oct 20006031.235.15$309
Sep 20005831.875.19$301
Aug 20006229.644.54$282
Jul 20005728.534.09$233
Jun 20005529.304.40$242
May 20005627.263.68$206
Apr 20005524.513.12$171
Mar 20005028.422.86$143
Feb 20005227.622.73$142
Jan 20005725.272.48$141
Dec 19997024.282.42$170
Nov 19998023.192.43$195
Oct 19996520.982.80$182
Sep 19996021.752.62$157
Aug 19996619.262.88$190
Jul 19997617.892.37$180
Jun 19997615.942.36$180
May 19997815.792.32$181
Apr 19998615.102.21$190
Mar 19997412.471.84$136
Feb 1999959.981.82$173
Jan 19999010.381.90$171
Dec 1998449.201.77$78
Nov 19983310.892.19$72
Oct 19984512.421.97$89
Sep 19985412.592.08$112
Aug 19986011.301.91$114
Jul 19988311.742.24$186
Jun 19988511.242.24$190
May 19988812.622.21$194
Apr 19988713.042.51$218
Mar 19987512.802.31$173
Feb 19988613.952.30$198
Jan 19989314.702.15$200
Dec 19979516.322.41$229
Nov 19979218.193.09$284
Oct 19975519.253.15$173
Sep 19975617.742.95$165
Aug 19976917.862.55$176
Jul 19976017.582.25$135
Jun 19976217.242.26$140
May 19977118.972.31$164
Apr 19977317.882.08$152
Mar 19977318.951.94$142
Feb 19977020.492.21$154
Jan 19977723.483.54$273
Dec 19969823.32$0
Nov 19968621.97$0
Oct 19969423.31$0
Sep 19967322.22$0
Aug 19969020.26$0
Jul 19969219.55$0
Jun 19969118.73$0
May 19968819.43$0
Apr 19968321.51$0
Mar 19968519.38$0
Feb 19967716.98$0
Jan 19969017.07$0
Dec 199510217.19$0
Nov 199510316.00$0
Oct 199512815.43$0
Sep 199511316.18$0
Aug 199512415.92$0
Jul 199512615.24$0
Jun 199511116.41$0
May 19955817.56$0
Apr 199510417.73$0
Mar 199510516.44$0
Feb 199510116.58$0
Jan 199511715.92$0
Dec 199411415.03$0
Nov 199412515.90$0
Oct 199414515.58$0
Sep 199410815.29$0
Aug 199414616.13$0
Jul 199416017.56$0
Jun 199415217.09$0
May 199415115.88$0
Apr 199414614.14$0
Mar 199415012.46$0
Feb 199411312.50$0
Jan 199413912.66$0
Dec 199315612.33$0
Nov 199313314.49$0
Oct 199317615.85$0
Sep 199317515.03$0
Aug 199316915.66$0
Jul 199316415.46$0
Jun 199319716.79$0
May 199318717.68$0
Apr 199320018.05$0
Mar 199325318.14$0
Feb 199322317.90$0
Jan 199324516.93$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.

Mar 2017 — as filed, then multipliedworked
Gas                    1 Mcf  × $  2.98 =         $3

────────────────────────────────────────────────────
Month total                                       $3

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. 7B/G/111808 is the state's own key, not one this site invented.