WATSON "A"

Operated by SEQUOIA NATURAL GAS, INC. (P-5 767543) in the EMORY (LAKE) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 127760District 7BField 28947750CondensateGasSaveExport
Value, all time
$619 k
Jan 1993 – Mar 2015
Value, last 12 filed months
$1 k
at the published price for each month
Months reported
267
no gaps in the span
Streams
2
condensate, 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 12 leases and 12 wells, and the rule below applies to all of them.

Discovered
1958-05-15
as the register files it
Field class
Oil and gas
the register's own label
Between wells
no field rule filed
From a lease line
no field rule filed

The Commission's schedule remark for this field reads: EFFECTIVE 04/01/83

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
CondensateDisposition214 bbl$3,653
GasProduction182,712 Mcf$615,100
Total$618,753

65,626 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 32.7570, -98.4021. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.75700, -98.40209 · 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
4,236 ft
1 wells filed one
Completion to plug
26.9 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 4,236 ft.

Completions filed
Apr 1988
1 of 1 wells
Plug dates filed
Mar 2015
1 of 1 wells

Last completion to plug: a median of 26.9 years across the 1 well that filed both dates, with the middle half between 26.9 years and 26.9 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-3633390510284,236 ftApr 1988Mar 2015Yes

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 (267)

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

267 months

Mar 20150042.892.93$0
Feb 20150044.662.98$0
Jan 20150043.433.10$0
Dec 20140054.693.59$0
Nov 20140070.464.25$0
Oct 201409378.303.90$363
Sep 2014011086.164.05$445
Aug 2014010789.394.04$432
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 20130149102.523.72$554
Jun 201303094.403.93$118
May 201301794.834.15$71
Apr 201301193.964.28$47
Mar 201303393.623.91$129
Feb 201302891.233.42$96
Jan 20130391.603.42$10
Dec 201202086.773.42$68
Nov 20120586.953.62$18
Oct 2012017589.383.40$595
Sep 2012023494.672.92$683
Aug 2012019592.662.91$567
Jul 201206085.133.02$181
Jun 2012018579.822.52$466
May 2012063391.612.49$1,575
Apr 20120252101.652.00$503
Mar 20120519105.052.22$1,153
Feb 20120287101.102.57$738
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 20110083.404.15$0
Jul 20110094.144.52$0
Jun 20110192.904.64$5
May 201104898.134.40$211
Apr 201100105.964.33$0
Mar 201103496.364.06$138
Feb 201103485.644.18$142
Jan 201102586.504.59$115
Dec 20100785.734.35$30
Nov 20100180.843.80$4
Oct 20100178.103.51$4
Sep 20100172.633.98$4
Aug 20100873.684.42$35
Jul 20100572.554.74$24
Jun 201005270.364.91$255
May 2010013971.124.24$589
Apr 2010012381.694.12$507
Mar 201003478.394.39$149
Feb 201001673.585.44$87
Jan 2010023074.365.96$1,372
Dec 2009032271.445.48$1,766
Nov 2009042374.593.75$1,587
Oct 2009020572.544.11$843
Sep 200906865.543.06$208
Aug 2009033267.423.22$1,069
Jul 2009019161.133.46$662
Jun 200904766.163.90$183
May 200907754.743.93$302
Apr 20090046.773.59$0
Mar 2009032742.144.06$1,327
Feb 2009026532.814.63$1,228
Jan 2009066935.865.37$3,593
Dec 2008089837.105.98$5,367
Nov 2008050555.496.86$3,464
Oct 2008075875.246.92$5,247
Sep 20080671101.767.88$5,286
Aug 20080570114.228.48$4,835
Jul 20080622131.0811.39$7,084
Jun 20080846131.3313.03$11,026
May 200801,121123.1711.57$12,975
Apr 200801,101110.3110.45$11,511
Mar 20080402101.909.66$3,885
Feb 200801,12692.538.77$9,876
Jan 2008086190.388.21$7,065
Dec 200701,30688.337.30$9,536
Nov 2007084291.677.29$6,140
Oct 200701,14082.856.92$7,891
Sep 200701,31375.846.24$8,199
Aug 2007084369.066.39$5,385
Jul 2007044170.906.39$2,817
Jun 2007099162.007.55$7,481
May 2007087458.747.85$6,858
Apr 2007059459.617.81$4,636
Mar 2007053356.927.30$3,892
Feb 2007053655.108.22$4,404
Jan 200701,38250.306.73$9,297
Dec 2006088556.656.92$6,123
Nov 200601,00254.207.62$7,633
Oct 2006082854.906.01$4,979
Sep 2006080860.085.04$4,070
Aug 2006065568.717.34$4,808
Jul 2006093369.376.34$5,918
Jun 2006086366.286.38$5,509
May 200601,04466.016.42$6,708
Apr 200601,00564.397.36$7,397
Mar 2006090756.707.08$6,424
Feb 2006062157.597.75$4,813
Jan 2006017160.598.93$1,528
Dec 200501,02754.9413.42$13,778
Nov 2005079554.6910.59$8,418
Oct 2005080058.3413.80$11,037
Sep 2005077761.4512.08$9,385
Aug 2005071561.519.80$7,005
Jul 2005087555.697.84$6,863
Jun 200501,04352.337.38$7,698
May 200501,24945.226.65$8,307
Apr 200501,10849.207.36$8,155
Mar 200501,26250.377.15$9,029
Feb 2005060145.226.31$3,793
Jan 2005042643.166.32$2,693
Dec 2004063239.866.75$4,267
Nov 2004054445.286.33$3,444
Oct 2004064249.706.52$4,183
Sep 2004058243.245.28$3,075
Aug 2004059842.375.55$3,319
Jul 2004061838.286.08$3,760
Jun 2004069436.106.43$4,465
May 2004066037.486.49$4,286
Apr 2004082134.475.86$4,810
Mar 2004092134.365.53$5,093
Feb 2004055032.455.51$3,030
Jan 2004072032.036.30$4,536
Dec 2003070430.266.30$4,436
Nov 2003080528.804.60$3,699
Oct 2003099528.174.76$4,736
Sep 2003064026.314.75$3,040
Aug 2003089029.765.13$4,565
Jul 200301,27529.415.17$6,593
Jun 200301,25628.565.98$7,515
May 2003064526.595.97$3,852
Apr 2003061226.675.41$3,309
Mar 2003069431.146.10$4,231
Feb 2003062133.487.93$4,922
Jan 2003047630.315.58$2,657
Dec 2002082626.914.85$4,009
Nov 2002072224.664.14$2,987
Oct 2002059626.464.23$2,521
Sep 2002061927.443.64$2,250
Aug 2002081625.963.16$2,582
Jul 2002088524.583.06$2,710
Jun 2002080223.733.34$2,677
May 2002071424.663.58$2,559
Apr 2002076823.653.51$2,697
Mar 2002073422.003.10$2,277
Feb 2002060318.222.38$1,433
Jan 2002090317.172.38$2,145
Dec 2001090516.932.36$2,140
Nov 2001092518.072.41$2,225
Oct 200101,07619.782.53$2,721
Sep 200101,12124.262.25$2,524
Aug 2001057624.873.05$1,759
Jul 2001043423.933.20$1,388
Jun 2001053224.563.82$2,034
May 2001080925.524.31$3,485
Apr 2001081524.685.34$4,348
Mar 2001069624.545.38$3,742
Feb 2001070927.755.77$4,089
Jan 2001075627.478.40$6,349
Dec 2000067026.889.12$6,112
Nov 2000083432.215.66$4,719
Oct 2000078931.235.15$4,060
Sep 2000023531.875.19$1,219
Aug 2000025929.644.54$1,176
Jul 2000062528.534.09$2,556
Jun 2000047329.304.40$2,080
May 2000039627.263.68$1,457
Apr 2000063824.513.12$1,988
Mar 2000081628.422.86$2,334
Feb 2000096027.622.73$2,617
Jan 2000074125.272.48$1,838
Dec 1999088024.282.42$2,133
Nov 1999087823.192.43$2,137
Oct 199901,10720.982.80$3,104
Sep 199901,23321.752.62$3,229
Aug 1999084519.262.88$2,430
Jul 199901,08517.892.37$2,574
Jun 1999331,13715.942.36$3,212
May 199901,15015.792.32$2,669
Apr 199901,01715.102.21$2,246
Mar 199901,19912.471.84$2,204
Feb 199909119.981.82$1,656
Jan 199907410.381.90$141
Dec 199803009.201.77$532
Nov 1998097410.892.19$2,129
Oct 1998051112.421.97$1,006
Sep 1998042812.592.08$891
Aug 1998029311.301.91$559
Jul 1998057111.742.24$1,277
Jun 1998036511.242.24$817
May 1998042512.622.21$938
Apr 199881,06313.042.51$2,767
Mar 1998867412.802.31$1,659
Feb 1998486413.952.30$2,042
Jan 1998366614.702.15$1,479
Dec 1997145116.322.41$1,104
Nov 1997038218.193.09$1,180
Oct 1997041919.253.15$1,320
Sep 1997158617.742.95$1,749
Aug 1997152717.862.55$1,364
Jul 1997079417.582.25$1,784
Jun 1997768617.242.26$1,669
May 1997074218.972.31$1,713
Apr 1997260317.882.08$1,292
Mar 1997189418.951.94$1,753
Feb 1997268720.492.21$1,556
Jan 1997178523.483.54$2,802
Dec 199621,03923.32$47
Nov 199611,00021.97$22
Oct 199601,02223.31$0
Sep 1996110122.22$22
Aug 199601,01720.26$0
Jul 199611,07319.55$20
Jun 199631,08218.73$56
May 199621,29619.43$39
Apr 199611,38621.51$22
Mar 199631,33219.38$58
Feb 199631,22816.98$51
Jan 199621,46717.07$34
Dec 1995091517.19$0
Nov 199511,38316.00$16
Oct 199501,46415.43$0
Sep 199501,24116.18$0
Aug 199501,15215.92$0
Jul 199501,52515.24$0
Jun 199511,55816.41$16
May 199501,61717.56$0
Apr 199511,39617.73$18
Mar 199501,76116.44$0
Feb 199501,80916.58$0
Jan 199501,55615.92$0
Dec 199401,76715.03$0
Nov 199401,76115.90$0
Oct 199402,78915.58$0
Sep 199402,93215.29$0
Aug 199403,39416.13$0
Jul 19941181,46317.56$2,072
Jun 1994085417.09$0
May 199401,24215.88$0
Apr 199401,06614.14$0
Mar 199401,11912.46$0
Feb 199401,23912.50$0
Jan 1994093512.66$0
Dec 199301,44912.33$0
Nov 199301,17114.49$0
Oct 199301,22415.85$0
Sep 199301,38315.03$0
Aug 199301,24815.66$0
Jul 199301,33115.46$0
Jun 199301,60716.79$0
May 199301,64917.68$0
Apr 199321,71518.05$36
Mar 1993081018.14$0
Feb 1993052617.90$0
Jan 1993053216.93$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.

Oct 2014 — as filed, then multipliedworked
Condensate             0 bbl  × $ 78.30 =         $0
Gas                   93 Mcf  × $  3.90 =       $363

────────────────────────────────────────────────────
Month total                                     $363

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/127760 is the state's own key, not one this site invented.