WATKINS

Operated by RHB EXPLORATION & PRODUCTION,LLC (P-5 704802) 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 31340District 7BField 96907001Hydrogen sulphide fieldOilSaveExport
Value, all time
$622 k
Oct 2013 – May 2026
Value, last 12 filed months
$14 k
at the published price for each month
Months reported
152
no gaps in the span
Streams
1
oil

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
OilDisposition10,368 bbl$621,971
Total$621,971

Wells on this lease (5)

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 32.7781, -98.9560. A lease has no coordinate of its own — that point is the mean of its wells, and they span 119.8 miles, so treat it as the lease's centre and not as its location.

32.73079, -99.15752 · 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
60.0%
3 of 5 wells
With a plug date
40.0%
2 of 5 wells
Median depth
5,251 ft
5 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
360.0%
A plug date is filed
240.0%
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

Between 5,129 and 5,580 ft, median 5,251 ft, over the 5 wells that filed a depth.

Completions filed
Jan 2009 – Nov 2013
5 of 5 wells
Plug dates filed
Aug 1999 – Dec 2001
2 of 5 wells; 3 filed none

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.

5 wells

42-3530082025,565 ftNov 2013Dec 2001
42-3530081915,580 ftOct 2013Aug 1999
42-363359043H5,251 ftMay 2010Yes
42-363358782H5,129 ftMar 2009Yes
42-363358791H5,135 ftJan 2009Yes

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 (152)

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

152 months

May 20260106.413.05$0
Apr 2026098.932.87$0
Mar 2026089.753.15$0
Feb 20267063.503.75$4,445
Jan 2026059.138.00$0
Dec 2025056.664.41$0
Nov 2025058.593.93$0
Oct 2025059.383.30$0
Sep 2025062.743.08$0
Aug 20258963.933.01$5,690
Jul 2025066.743.32$0
Jun 20255566.483.13$3,656
May 2025060.553.23$0
Apr 20255562.363.54$3,430
Mar 20257067.704.27$4,739
Feb 2025070.884.34$0
Jan 20256474.324.28$4,756
Dec 2024068.993.12$0
Nov 20246769.052.20$4,626
Oct 2024071.372.28$0
Sep 20245669.612.36$3,898
Aug 2024075.632.06$0
Jul 20242279.932.15$1,758
Jun 20244678.082.63$3,592
May 202414478.812.20$11,349
Apr 2024084.451.66$0
Mar 2024080.301.55$0
Feb 20246776.091.78$5,098
Jan 2024073.023.30$0
Dec 20234471.262.61$3,135
Nov 2023077.892.81$0
Oct 2023085.443.09$0
Sep 20231989.042.74$1,692
Aug 2023080.522.67$0
Jul 20238774.852.64$6,512
Jun 2023068.962.26$0
May 20238270.622.23$5,791
Apr 2023078.122.24$0
Mar 20239672.852.39$6,994
Feb 2023075.112.47$0
Jan 2023076.533.39$0
Dec 202210676.415.73$8,099
Nov 2022085.005.65$0
Oct 2022087.185.86$0
Sep 20229584.888.16$8,064
Aug 2022094.529.13$0
Jul 2022129101.587.54$13,104
Jun 20220115.097.98$0
May 202274109.378.43$8,093
Apr 20220104.226.84$0
Mar 202280108.885.08$8,710
Feb 2022091.054.86$0
Jan 2022081.844.54$0
Dec 2021071.323.90$0
Nov 202110777.435.24$8,285
Oct 2021079.795.71$0
Sep 2021069.865.35$0
Aug 2021066.024.22$0
Jul 2021070.783.98$0
Jun 2021069.493.38$0
May 2021063.483.02$0
Apr 20212560.362.76$1,509
Mar 202115061.302.72$9,195
Feb 2021057.805.55$0
Jan 2021050.412.81$0
Dec 2020044.642.68$0
Nov 20209638.772.71$3,722
Oct 20207636.972.48$2,810
Sep 20207437.091.99$2,745
Aug 202025639.982.39$10,235
Jul 2020038.371.83$0
Jun 2020034.901.69$0
May 2020016.921.81$0
Apr 2020014.751.80$0
Mar 2020030.341.86$0
Feb 202010049.881.98$4,988
Jan 2020057.252.09$0
Dec 2019059.012.30$0
Nov 2019055.302.75$0
Oct 2019053.472.42$0
Sep 2019055.052.66$0
Aug 20199753.112.30$5,152
Jul 2019056.272.46$0
Jun 2019052.782.49$0
May 2019058.482.74$0
Apr 20197362.632.75$4,572
Mar 20198756.803.06$4,942
Feb 2019050.852.79$0
Jan 2019046.033.23$0
Dec 20186746.594.19$3,122
Nov 20186052.934.24$3,176
Oct 2018061.443.40$0
Sep 20189359.543.11$5,537
Aug 2018059.403.07$0
Jul 201810365.142.93$6,709
Jun 2018060.183.08$0
May 20188465.382.90$5,492
Apr 2018063.842.90$0
Mar 20186861.222.79$4,163
Feb 201813261.782.77$8,155
Jan 2018062.874.01$0
Dec 2017057.272.92$0
Nov 20178555.423.12$4,711
Oct 201714849.292.98$7,295
Sep 2017047.523.09$0
Aug 20176745.373.00$3,040
Jul 201713743.873.09$6,010
Jun 20179742.493.09$4,122
May 20178645.373.26$3,902
Apr 2017047.933.21$0
Mar 201715446.772.98$7,203
Feb 20178150.452.95$4,086
Jan 2017049.413.42$0
Dec 2016048.763.72$0
Nov 20166142.492.64$2,592
Oct 2016046.193.09$0
Sep 201612241.553.10$5,069
Aug 2016041.442.92$0
Jul 20169741.622.92$4,037
Jun 20169245.352.69$4,172
May 201612842.521.99$5,443
Apr 201616736.561.99$6,106
Mar 201610133.011.79$3,334
Feb 201612626.472.06$3,335
Jan 201622727.352.36$6,208
Dec 201516832.362.00$5,436
Nov 201516738.792.17$6,478
Oct 201517343.552.43$7,534
Sep 201517142.992.76$7,351
Aug 201539340.162.87$15,783
Jul 201515748.152.95$7,560
Jun 201537856.152.88$21,225
May 201535455.212.96$19,544
Apr 201527549.822.71$13,701
Mar 201538742.892.93$16,598
Feb 201535744.662.98$15,944
Jan 201516543.433.10$7,166
Dec 2014054.693.59$0
Nov 2014070.464.25$0
Oct 201411178.303.90$8,691
Sep 201417586.164.05$15,078
Aug 201415489.394.04$13,766
Jul 201416396.564.18$15,739
Jun 201417198.164.74$16,785
May 201415994.734.73$15,062
Apr 201434295.944.81$32,811
Mar 201427495.895.06$26,274
Feb 201417097.406.19$16,558
Jan 2014090.404.86$0
Dec 2013091.824.35$0
Nov 201316388.853.74$14,483
Oct 2013097.423.78$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.

Feb 2026 — as filed, then multipliedworked
Oil                   70 bbl  × $ 63.50 =     $4,445

────────────────────────────────────────────────────
Month total                                   $4,445

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/31340 is the state's own key, not one this site invented.