WATKINS, G. W.

Operated by BENSON & SCHOEN OIL CO., INC. (P-5 65970) in the WHITE FLAT field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 3079District 7BField 96907001Hydrogen sulphide fieldOilCasinghead gasSaveExport
Value, all time
$262 k
Jan 1993 – Mar 2002
Value, last 12 filed months
$15 k
at the published price for each month
Months reported
111
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 60 leases and 116 wells, and the rule below applies to all of them.

Discovered
1953-05-01
as the register files it
Field class
Oil and gas
the register's own label
Between wells
0 ft
minimum
From a lease line
150 ft
minimum

A drilling unit in this field needs at least 40 acres. The field rule took effect on 2013-05-07.

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: REQUIRED TO SHOW INDIVIDUAL PRORATION UNITS ON PLAT.

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
OilDisposition13,293 bbl$235,748
Casinghead gasProduction21,524 Mcf$26,445
Total$262,192

12,444 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 (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 32.4853, -100.1707. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.5 miles.

32.48529, -100.17074 · 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%
2 of 2 wells
With a plug date
100.0%
2 of 2 wells
Median depth
5,573 ft
2 wells filed one
Completion to plug
2 wells filed both, dated out of order

What the state filed about each well

On the RRC proration schedule
2100.0%
A plug date is filed
2100.0%
BothOn the schedule and plugged. Neither fact cancels the other.
2100.0%
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

Between 5,565 and 5,580 ft, median 5,573 ft, over the 2 wells that filed a depth.

Completions filed
Oct 2013 – Nov 2013
2 of 2 wells
Plug dates filed
Aug 1999 – Dec 2001
2 of 2 wells

Last completion to plug: no median is published. 2 wells on this lease filed both dates, and on every one of them the last completion is dated after the plug date, so there is no interval to take a median of. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

2 wells

42-3530082025,565 ftNov 2013Dec 2001Yes
42-3530081915,580 ftOct 2013Aug 1999Yes

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 (111)

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

111 months

Mar 20020022.003.10$0
Feb 20020018.222.38$0
Jan 200234017.172.38$584
Dec 2001178016.932.36$3,014
Nov 20010018.072.41$0
Oct 20010019.782.53$0
Sep 20010024.262.25$0
Aug 200104724.873.05$144
Jul 2001010923.933.20$348
Jun 200117825924.563.82$5,362
May 2001013825.524.31$594
Apr 200117912124.685.34$5,063
Mar 2001012024.545.38$645
Feb 200118010727.755.77$5,612
Jan 2001012527.478.40$1,050
Dec 20001798726.889.12$5,605
Nov 2000010732.215.66$605
Oct 2000012031.235.15$617
Sep 20001798931.875.19$6,166
Aug 2000012129.644.54$549
Jul 200017313728.534.09$5,496
Jun 200009529.304.40$418
May 200017612127.263.68$5,243
Apr 2000011024.513.12$343
Mar 200017712228.422.86$5,379
Feb 2000012827.622.73$349
Jan 200018012025.272.48$4,846
Dec 199917911024.282.42$4,613
Nov 1999011023.192.43$268
Oct 199908120.982.80$227
Sep 199917612821.752.62$4,163
Aug 199909919.262.88$285
Jul 199918211517.892.37$3,529
Jun 199917712915.942.36$3,126
May 1999013515.792.32$313
Apr 199918412815.102.21$3,061
Mar 1999014312.471.84$263
Feb 19991831739.981.82$2,141
Jan 1999018710.381.90$355
Dec 19983741859.201.77$3,769
Nov 1998018910.892.19$413
Oct 1998019712.421.97$388
Sep 199818520412.592.08$2,754
Aug 199818323411.301.91$2,514
Jul 199818022111.742.24$2,608
Jun 1998021511.242.24$481
May 1998022412.622.21$494
Apr 199818619513.042.51$2,914
Mar 1998023012.802.31$531
Feb 199818221013.952.30$3,022
Jan 199818825114.702.15$3,304
Dec 1997021116.322.41$509
Nov 19974023018.193.09$1,438
Oct 199751824819.253.15$10,753
Sep 1997025817.742.95$762
Aug 1997024417.862.55$623
Jul 1997021117.582.25$474
Jun 1997020517.242.26$463
May 199741724618.972.31$8,478
Apr 1997025017.882.08$521
Mar 1997021118.951.94$409
Feb 1997017020.492.21$375
Jan 199745212023.483.54$11,038
Dec 1996013123.32$0
Nov 1996013121.97$0
Oct 1996013223.31$0
Sep 1996014322.22$0
Aug 199646115120.26$9,340
Jul 1996017019.55$0
Jun 1996017618.73$0
May 199644519019.43$8,646
Apr 1996020021.51$0
Mar 1996018819.38$0
Feb 1996014916.98$0
Jan 199642017717.07$7,169
Dec 1995018717.19$0
Nov 1995016816.00$0
Oct 199547519415.43$7,329
Sep 1995025816.18$0
Aug 1995022415.92$0
Jul 1995025315.24$0
Jun 199547024116.41$7,713
May 1995027917.56$0
Apr 1995019817.73$0
Mar 199547528016.44$7,809
Feb 1995025116.58$0
Jan 1995027515.92$0
Dec 199447930515.03$7,199
Nov 1994032215.90$0
Oct 1994033615.58$0
Sep 199447431315.29$7,247
Aug 1994026216.13$0
Jul 199446934317.56$8,236
Jun 1994034617.09$0
May 1994021215.88$0
Apr 199447325214.14$6,688
Mar 1994030012.46$0
Feb 1994028412.50$0
Jan 199448135512.66$6,089
Dec 1993035312.33$0
Nov 199348028314.49$6,955
Oct 1993041215.85$0
Sep 1993040415.03$0
Aug 199347049715.66$7,360
Jul 1993038015.46$0
Jun 1993034016.79$0
May 199346630117.68$8,239
Apr 1993032318.05$0
Mar 199347429318.14$8,598
Feb 1993020317.90$0
Jan 199348227916.93$8,160

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.

Jan 2002 — as filed, then multipliedworked
Oil                   34 bbl  × $ 17.17 =       $584
Casinghead gas         0 Mcf  × $  2.38 =         $0

────────────────────────────────────────────────────
Month total                                     $584

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/3079 is the state's own key, not one this site invented.