WATSON, J. T.

Operated by PEARSON, LEE ROY III (P-5 647749) in the AUGUSTINE (LOWER RANGER) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 27056District 7BField 04370300OilCasinghead gasSaveExport
Value, all time
$5.0 M
Nov 1993 – May 2026
Value, last 12 filed months
$166 k
at the published price for each month
Months reported
391
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 3 leases and 5 wells, and the rule below applies to all of them.

Discovered
1989-12-19
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

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
OilDisposition94,297 bbl$4,220,140
Casinghead gasProduction258,192 Mcf$822,690
Total$5,042,830

59,007 Mcf of this lease's gas, across 37 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 (2)

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 32.4999, -98.8807. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.1 miles.

32.49993, -98.88068 · 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
0.0%
0 of 2 wells
With a plug date
0.0%
0 of 2 wells
Median depth
3,038 ft
2 wells filed one
Completion to plug
no well filed both dates

What the state filed about each well

On the RRC proration schedule
00.0%
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.
2100.0%

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

Between 2,135 and 3,940 ft, median 3,038 ft, over the 2 wells that filed a depth.

Completions filed
Mar 2005
1 of 2 wells; 1 filed none

2 wells

42-133379028D2,135 ftMar 2005
42-1338056013,940 ft1927

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 (391)

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

391 months

May 2026175401106.413.05$19,843
Apr 202617839998.932.87$18,755
Mar 202617436289.753.15$16,757
Feb 202617136363.503.75$12,220
Jan 202617735359.138.00$13,289
Dec 202517836856.664.41$11,710
Nov 202517537458.593.93$11,722
Oct 202517337959.383.30$11,525
Sep 202517637862.743.08$12,205
Aug 202517339663.933.01$12,254
Jul 202517839766.743.32$13,196
Jun 202517540266.483.13$12,892
May 2025040760.553.23$1,316
Apr 202516442662.363.54$11,736
Mar 202517866167.704.27$14,872
Feb 202517746170.884.34$14,547
Jan 202518138474.324.28$15,095
Dec 2024035868.993.12$1,117
Nov 202416924069.052.20$12,197
Oct 202418040571.372.28$13,771
Sep 202418039069.612.36$13,452
Aug 202417839675.632.06$14,279
Jul 202417540579.932.15$14,857
Jun 202417840478.082.63$14,962
May 202417845078.812.20$15,017
Apr 202417749084.451.66$15,761
Mar 202418143280.301.55$15,202
Feb 202416541476.091.78$13,293
Jan 202418149273.023.30$14,839
Dec 2023038771.262.61$1,010
Nov 202316613477.892.81$13,306
Oct 202318339985.443.09$16,867
Sep 202318139089.042.74$17,183
Aug 2023041180.522.67$1,099
Jul 202317339874.852.64$14,000
Jun 2023031468.962.26$709
May 202317348770.622.23$13,302
Apr 2023019378.122.24$432
Mar 202317732472.852.39$13,670
Feb 202317938575.112.47$14,394
Jan 202317943276.533.39$15,162
Dec 2022034576.415.73$1,977
Nov 202225437585.005.65$23,707
Oct 2022040887.185.86$2,392
Sep 202217539184.888.16$18,046
Aug 202217338894.529.13$19,893
Jul 20220419101.587.54$3,160
Jun 2022174418115.097.98$23,360
May 20220230109.378.43$1,940
Apr 2022176414104.226.84$21,173
Mar 20220436108.885.08$2,213
Feb 202216940791.054.86$17,365
Jan 202217940981.844.54$16,505
Dec 2021023071.323.90$897
Nov 202117946977.435.24$16,316
Oct 202117950179.795.71$17,145
Sep 202117649669.865.35$14,949
Aug 202117551766.024.22$13,736
Jul 202118551870.783.98$15,157
Jun 202117250869.493.38$13,670
May 202117450663.483.02$12,572
Apr 202117449760.362.76$11,874
Mar 202117752161.302.72$12,266
Feb 202117037557.805.55$11,906
Jan 202117552550.412.81$10,297
Dec 202017751844.642.68$9,287
Nov 202017849338.772.71$8,235
Oct 202017350436.972.48$7,645
Sep 202017352037.091.99$7,452
Aug 2020046639.982.39$1,111
Jul 202017440238.371.83$7,410
Jun 2020041034.901.69$693
May 202017040816.921.81$3,617
Apr 2020038014.751.80$686
Mar 202017141830.341.86$5,964
Feb 202017343849.881.98$9,497
Jan 2020034357.252.09$719
Dec 201916645159.012.30$10,835
Nov 201916546555.302.75$10,404
Oct 201917645053.472.42$10,499
Sep 201917143955.052.66$10,580
Aug 201917446453.112.30$10,310
Jul 201917648056.272.46$11,084
Jun 201917547052.782.49$10,407
May 201917547958.482.74$11,547
Apr 201917846162.632.75$12,416
Mar 201917445056.803.06$11,261
Feb 2019041350.852.79$1,153
Jan 201917444246.033.23$9,436
Dec 201817748846.594.19$10,289
Nov 2018031552.934.24$1,335
Oct 201817750361.443.40$12,584
Sep 201817448759.543.11$11,874
Aug 201816951159.403.07$11,606
Jul 201817149865.142.93$12,599
Jun 201817048760.183.08$11,729
May 201816950765.382.90$12,520
Apr 201817254863.842.90$12,570
Mar 201817247261.222.79$11,845
Feb 201817731961.782.77$11,817
Jan 201818149062.874.01$13,344
Dec 201717550657.272.92$11,501
Nov 201717457255.423.12$11,427
Oct 201716862049.292.98$10,131
Sep 201717247547.523.09$9,640
Aug 201716951445.373.00$9,212
Jul 201717450543.873.09$9,192
Jun 201717349442.493.09$8,876
May 201717651945.373.26$9,679
Apr 201716545647.933.21$9,373
Mar 201716248746.772.98$9,030
Feb 201716644150.452.95$9,677
Jan 201717249149.413.42$10,177
Dec 201616542848.763.72$9,639
Nov 201617741342.492.64$8,613
Oct 201617549346.193.09$9,607
Sep 201617248641.553.10$8,654
Aug 201617652041.442.92$8,814
Jul 201617549141.622.92$8,719
Jun 201617650245.352.69$9,330
May 201617846042.521.99$8,484
Apr 201617243736.561.99$7,158
Mar 201617944633.011.79$6,709
Feb 201635141026.472.06$10,137
Jan 201617843927.352.36$5,906
Dec 201517345132.362.00$6,501
Nov 201517743738.792.17$7,813
Oct 201517447543.552.43$8,730
Sep 2015047942.992.76$1,321
Aug 201516341040.162.87$7,724
Jul 201534850948.152.95$18,255
Jun 201517952556.152.88$11,564
May 201517652255.212.96$11,260
Apr 201518049149.822.71$10,297
Mar 201517650142.892.93$9,019
Feb 201517943844.662.98$9,298
Jan 201535450243.433.10$16,931
Dec 201417951054.693.59$11,621
Nov 201417748270.464.25$14,521
Oct 201417948878.303.90$15,919
Sep 201417846586.164.05$17,218
Aug 2014049589.394.04$1,997
Jul 201417245696.564.18$18,514
Jun 2014040998.164.74$1,937
May 201417140394.734.73$18,104
Apr 201417444095.944.81$18,810
Mar 201417844395.895.06$19,309
Feb 201417539397.406.19$19,478
Jan 201417643590.404.86$18,025
Dec 201317545291.824.35$18,037
Nov 201317942388.853.74$17,485
Oct 201317647497.423.78$18,937
Sep 2013169502104.113.72$19,461
Aug 2013174524104.253.52$19,985
Jul 2013171501102.523.72$19,394
Jun 201317649094.403.93$18,542
May 201317351294.834.15$18,530
Apr 201317747693.964.28$18,669
Mar 201317648093.623.91$18,355
Feb 201317842891.233.42$17,703
Jan 201317847391.603.42$17,922
Dec 201217746686.773.42$16,952
Nov 201217944986.953.62$17,192
Oct 201217550389.383.40$17,352
Sep 201217444794.672.92$17,777
Aug 201217346092.662.91$17,368
Jul 201217647285.133.02$16,409
Jun 201217841879.822.52$15,261
May 201218144391.612.49$17,684
Apr 2012175442101.652.00$18,671
Mar 2012173483105.052.22$19,247
Feb 2012177424101.102.57$18,984
Jan 201218247398.092.73$19,146
Dec 201118038296.873.24$18,674
Nov 201117441795.723.31$18,036
Oct 201117642084.983.65$16,489
Sep 201117635683.623.99$16,136
Aug 201117647483.404.15$16,645
Jul 201117449494.144.52$18,612
Jun 201117748492.904.64$18,689
May 201117645398.134.40$19,266
Apr 2011355415105.964.33$39,414
Mar 201117741896.364.06$18,752
Feb 201117928685.644.18$16,525
Jan 201118842086.504.59$18,189
Dec 201018141985.734.35$17,339
Nov 201017840380.843.80$15,919
Oct 201035844478.103.51$29,518
Sep 201017942672.633.98$14,696
Aug 201017747173.684.42$15,123
Jul 201017549572.554.74$15,041
Jun 201034846070.364.91$26,744
May 201017348971.124.24$14,375
Apr 201017844681.694.12$16,380
Mar 201018170178.394.39$17,265
Feb 201036240173.585.44$28,818
Jan 201017745974.365.96$15,899
Dec 200917846371.445.48$15,255
Nov 200917342474.593.75$14,495
Oct 200917942572.544.11$14,732
Sep 200918135565.543.06$12,951
Aug 200917747667.423.22$13,465
Jul 200926646661.133.46$17,875
Jun 200917848166.163.90$13,650
May 200918247854.743.93$11,839
Apr 200918328146.773.59$9,567
Mar 200935846742.144.06$16,982
Feb 200918039632.814.63$7,740
Jan 200918341735.865.37$8,802
Dec 200817844637.105.98$9,270
Nov 200835846155.496.86$23,028
Oct 200817946175.246.92$16,659
Sep 2008181286101.767.88$20,671
Aug 2008359447114.228.48$44,797
Jul 2008200512131.0811.39$32,047
Jun 2008352481131.3313.03$52,497
May 2008410525123.1711.57$56,576
Apr 2008229482110.3110.45$30,300
Mar 2008305523101.909.66$36,134
Feb 200822548992.538.77$25,108
Jan 200823247190.388.21$24,833
Dec 200729143788.337.30$28,895
Nov 200724948591.677.29$26,362
Oct 200724147582.856.92$23,255
Sep 200717343975.846.24$15,862
Aug 200724642169.066.39$19,678
Jul 200728859970.906.39$24,246
Jun 200717738862.007.55$13,903
May 200724738858.747.85$17,553
Apr 200724349859.617.81$18,372
Mar 200724047856.927.30$17,151
Feb 200723948855.108.22$17,178
Jan 200725253650.306.73$16,281
Dec 200624154856.656.92$17,444
Nov 200623343654.207.62$15,950
Oct 200624743154.906.01$16,152
Sep 200625955060.085.04$18,331
Aug 200625257368.717.34$21,521
Jul 200613546469.376.34$12,308
Jun 200620250966.286.38$16,638
May 20067160466.016.42$8,567
Apr 200624152364.397.36$19,368
Mar 200623756956.707.08$17,468
Feb 200618252357.597.75$14,535
Jan 200641167460.598.93$30,924
Dec 200523164654.9413.42$21,357
Nov 200541461854.6910.59$29,185
Oct 200521569958.3413.80$22,186
Sep 200524061361.4512.08$22,152
Aug 200558584261.519.80$44,232
Jul 200524490355.697.84$20,671
Jun 200523677952.337.38$18,100
May 2005072045.226.65$4,789
Apr 200523472049.207.36$16,812
Mar 200523679650.377.15$17,583
Feb 200523673245.226.31$15,292
Jan 200524682943.166.32$15,858
Dec 2004359039.866.75$14,310
Nov 200424270745.286.33$15,433
Oct 200417761849.706.52$12,823
Sep 200418181943.245.28$12,154
Aug 200435883242.375.55$19,787
Jul 2004083238.286.08$5,062
Jun 200435989336.106.43$18,705
May 200417993037.486.49$12,749
Apr 200436379334.475.86$17,158
Mar 200422380434.365.53$12,109
Feb 200418057932.455.51$9,031
Jan 200442070232.036.30$17,875
Dec 200324059130.266.30$10,987
Nov 200324158228.804.60$9,615
Oct 200318161828.174.76$8,040
Sep 200336071326.314.75$12,858
Aug 200324469529.765.13$10,827
Jul 200335563929.415.17$13,745
Jun 200318260728.565.98$8,830
May 200323961826.595.97$10,046
Apr 200340560726.675.41$14,084
Mar 200322959431.146.10$10,752
Feb 200336444633.487.93$15,722
Jan 200317758030.315.58$8,602
Dec 200235764726.914.85$12,747
Nov 200217960124.664.14$6,900
Oct 200235551426.464.23$11,567
Sep 200217752427.443.64$6,762
Aug 200217554525.963.16$6,267
Jul 200235154924.583.06$10,308
Jun 200217554623.733.34$5,975
May 200235250624.663.58$10,494
Apr 200217752823.653.51$6,041
Mar 200235855822.003.10$9,607
Feb 200217956918.222.38$4,613
Jan 200236266917.172.38$7,805
Dec 200135769316.932.36$7,683
Nov 200118055418.072.41$4,585
Oct 200138670519.782.53$9,418
Sep 200135352724.262.25$9,750
Aug 200117655324.873.05$6,066
Jul 200134869023.933.20$10,534
Jun 200134871824.563.82$11,293
May 200117467725.524.31$7,357
Apr 200135658624.685.34$11,913
Mar 200138456324.545.38$12,450
Feb 200135273227.755.77$13,990
Jan 200118073227.478.40$11,092
Dec 200035979826.889.12$16,930
Nov 200034670532.215.66$15,134
Oct 200036161931.235.15$14,459
Sep 200035477931.875.19$15,322
Aug 200035479729.644.54$14,112
Jul 200034981728.534.09$13,298
Jun 200035764729.304.40$13,305
May 200034474027.263.68$12,100
Apr 200049675624.513.12$14,513
Mar 20003471,29528.422.86$13,565
Feb 200052698227.622.73$17,206
Jan 200035092925.272.48$11,149
Dec 199952496624.282.42$15,064
Nov 199935198123.192.43$10,527
Oct 19991741,09320.982.80$6,715
Sep 199934090521.752.62$9,765
Aug 19993361,08919.262.88$9,603
Jul 199934595617.892.37$8,440
Jun 199934391815.942.36$7,636
May 199934787915.792.32$7,519
Apr 199917787415.102.21$4,603
Mar 199934792712.471.84$6,031
Feb 19993479439.981.82$5,177
Jan 19993531,05710.381.90$5,672
Dec 19985231,2279.201.77$6,987
Nov 19983491,16810.892.19$6,354
Oct 199834978512.421.97$5,880
Sep 199817596212.592.08$4,207
Aug 19983511,04211.301.91$5,954
Jul 19983411,05211.742.24$6,357
Jun 19983481,09911.242.24$6,370
May 19983481,12312.622.21$6,869
Apr 19983471,15613.042.51$7,421
Mar 19983491,09112.802.31$6,987
Feb 19983531,21213.952.30$7,711
Jan 19983481,21214.702.15$7,727
Dec 19973571,20416.322.41$8,729
Nov 19971751,20418.193.09$6,902
Oct 19973511,18019.253.15$10,474
Sep 19975181,25117.742.95$12,886
Aug 19973561,31917.862.55$9,728
Jul 19973491,23317.582.25$8,906
Jun 19973431,19917.242.26$8,620
May 19973421,41318.972.31$9,750
Apr 19973481,32217.882.08$8,976
Mar 19973451,25518.951.94$8,971
Feb 19975291,27220.492.21$13,645
Jan 19973431,47623.483.54$13,278
Dec 19963491,36223.32$8,139
Nov 19965211,35121.97$11,446
Oct 1996488023.31$11,375
Sep 19963421,49322.22$7,599
Aug 19965191,64220.26$10,515
Jul 19965231,60819.55$10,225
Jun 19963501,40818.73$6,556
May 19963511,35019.43$6,820
Apr 19963501,33821.51$7,529
Mar 19965281,48819.38$10,233
Feb 19963601,41216.98$6,113
Jan 19965281,48417.07$9,013
Dec 19955251,53417.19$9,025
Nov 19953501,48516.00$5,600
Oct 19955201,40215.43$8,024
Sep 19955171,59216.18$8,365
Aug 19955181,46715.92$8,247
Jul 19955211,63915.24$7,940
Jun 19955161,72316.41$8,468
May 19955161,89317.56$9,061
Apr 19955101,84417.73$9,042
Mar 19955301,44516.44$8,713
Feb 19953461,31116.58$5,737
Jan 19953581,59015.92$5,699
Dec 19943691,64115.03$5,546
Nov 19943591,66515.90$5,708
Oct 19945191,76215.58$8,086
Sep 19943491,70815.29$5,336
Aug 19945241,82016.13$8,452
Jul 19945251,76917.56$9,219
Jun 19945301,98317.09$9,058
May 19945311,51315.88$8,432
Apr 19943541,28614.14$5,006
Mar 19947011,77612.46$8,734
Feb 19943571,70512.50$4,463
Jan 19945311,71612.66$6,722
Dec 19935251,93212.33$6,473
Nov 19935851,87014.49$8,477

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 2026 — as filed, then multipliedworked
Oil                  175 bbl  × $106.41 =    $18,622
Casinghead gas       401 Mcf  × $  3.05 =     $1,221

────────────────────────────────────────────────────
Month total                                  $19,843

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/27056 is the state's own key, not one this site invented.