WATKINS

Operated by PRAIRIE PRODUCTION (P-5 675926) in the BROWN COUNTY REGULAR field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 17657District 7BField 12406001NGPA filingOilCasinghead gasSaveExport
Value, all time
$86 k
Jan 1993 – Jun 2012
Value, last 12 filed months
$6 k
at the published price for each month
Months reported
234
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 1,213 leases and 2,962 wells, and the rule below applies to all of them.

Discovered
1917-12-31
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

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
OilDisposition363 bbl$19,309
Casinghead gasProduction21,114 Mcf$66,663
Total$85,972

8,104 Mcf of this lease's gas, across 35 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 31.8508, -99.1712. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.85080, -99.17119 · 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
0.0%
0 of 1 wells
Median depth
2,730 ft
1 wells filed one
Completion to plug
no well filed both dates

What the state filed about each well

On the RRC proration schedule
1100.0%
A plug date is filed
00.0%
BothOn the schedule and plugged. Neither fact cancels the other.
00.0%
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 2,730 ft.

Completions filed
Aug 1981
1 of 1 wells

1 well

42-0493280312,730 ftAug 1981Yes

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 (234)

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

234 months

Jun 20120079.822.52$0
May 20120091.612.49$0
Apr 201200101.652.00$0
Mar 2012150105.052.22$1,576
Feb 2012470101.102.57$4,752
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 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 2010037373.684.42$1,648
Jul 2010037372.554.74$1,767
Jun 2010032970.364.91$1,616
May 2010040071.124.24$1,694
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 2009043272.544.11$1,776
Sep 2009047365.543.06$1,450
Aug 2009051567.423.22$1,658
Jul 2009051861.133.46$1,795
Jun 2009050266.163.90$1,955
May 20090054.743.93$0
Apr 20090046.773.59$0
Mar 200908442.144.06$341
Feb 200908032.814.63$371
Jan 200909235.865.37$494
Dec 200809537.105.98$568
Nov 2008018555.496.86$1,269
Oct 2008019775.246.92$1,364
Sep 20080194101.767.88$1,528
Aug 20080298114.228.48$2,528
Jul 20080295131.0811.39$3,360
Jun 20080327131.3313.03$4,262
May 20080320123.1711.57$3,704
Apr 2008087110.3110.45$910
Mar 20080109101.909.66$1,053
Feb 2008012492.538.77$1,088
Jan 2008014990.388.21$1,223
Dec 2007023688.337.30$1,723
Nov 200703891.677.29$277
Oct 200709482.856.92$651
Sep 200712719275.846.24$10,831
Aug 2007026769.066.39$1,706
Jul 2007029570.906.39$1,884
Jun 2007032762.007.55$2,468
May 2007032058.747.85$2,511
Apr 2007032359.617.81$2,521
Mar 20070056.927.30$0
Feb 20070055.108.22$0
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 2003023629.765.13$1,211
Jul 2003026429.415.17$1,365
Jun 2003023528.565.98$1,406
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 20000027.263.68$0
Apr 20000024.513.12$0
Mar 20000028.422.86$0
Feb 20000027.622.73$0
Jan 20000025.272.48$0
Dec 19990024.282.42$0
Nov 19990023.192.43$0
Oct 19990020.982.80$0
Sep 199906821.752.62$178
Aug 19990019.262.88$0
Jul 19990417.892.37$9
Jun 19990015.942.36$0
May 19990015.792.32$0
Apr 1999012215.102.21$269
Mar 1999012512.471.84$230
Feb 199901339.981.82$242
Jan 1999015210.381.90$289
Dec 199801689.201.77$298
Nov 1998016210.892.19$354
Oct 1998017112.421.97$337
Sep 1998018912.592.08$394
Aug 199803311.301.91$63
Jul 199803411.742.24$76
Jun 19980011.242.24$0
May 19980012.622.21$0
Apr 199805013.042.51$125
Mar 1998015312.802.31$353
Feb 1998013413.952.30$308
Jan 1998024114.702.15$519
Dec 1997019816.322.41$477
Nov 1997021318.193.09$658
Oct 199717426119.253.15$4,172
Sep 1997014517.742.95$428
Aug 19970317.862.55$8
Jul 199708917.582.25$200
Jun 1997019017.242.26$429
May 1997020918.972.31$482
Apr 1997019017.882.08$396
Mar 1997019518.951.94$378
Feb 19970020.492.21$0
Jan 19970023.483.54$0
Dec 199607023.32$0
Nov 1996019221.97$0
Oct 1996020723.31$0
Sep 1996020822.22$0
Aug 1996023720.26$0
Jul 1996025519.55$0
Jun 1996022818.73$0
May 1996024319.43$0
Apr 1996022221.51$0
Mar 1996026019.38$0
Feb 1996026016.98$0
Jan 1996023117.07$0
Dec 1995019417.19$0
Nov 199504216.00$0
Oct 199503615.43$0
Sep 1995030416.18$0
Aug 19950015.92$0
Jul 19950015.24$0
Jun 19950016.41$0
May 19950017.56$0
Apr 19950017.73$0
Mar 19950016.44$0
Feb 19950016.58$0
Jan 19950015.92$0
Dec 19940015.03$0
Nov 19940115.90$0
Oct 1994071715.58$0
Sep 1994010015.29$0
Aug 1994011016.13$0
Jul 1994012517.56$0
Jun 1994011017.09$0
May 19940015.88$0
Apr 1994015014.14$0
Mar 1994020012.46$0
Feb 1994015012.50$0
Jan 1994020012.66$0
Dec 1993033112.33$0
Nov 1993041114.49$0
Oct 1993090615.85$0
Sep 19930015.03$0
Aug 199301,39915.66$0
Jul 19930015.46$0
Jun 19930016.79$0
May 19930117.68$0
Apr 19930118.05$0
Mar 19930118.14$0
Feb 19930117.90$0
Jan 19930116.93$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 2012 — as filed, then multipliedworked
Oil                   15 bbl  × $105.05 =     $1,576
Casinghead gas         0 Mcf  × $  2.22 =         $0

────────────────────────────────────────────────────
Month total                                   $1,576

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/O/17657 is the state's own key, not one this site invented.