WATSON RANCH

Operated by SCOUT ENERGY MANAGEMENT LLC (P-5 760218) in the OZONA (CANYON SAND) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 151353District 7CField 679952002 tax incentive programmesCondensateGasSaveExport
Value, all time
$519 k
Aug 1994 – May 2026
Value, last 12 filed months
$0
at the published price for each month
Months reported
382
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 2,312 leases and 2,323 wells, and the rule below applies to all of them.

Discovered
1962-02-23
as the register files it
Field class
Oil and gas
the register's own label
Between wells
600 ft
minimum
From a lease line
660 ft
minimum

A drilling unit in this field needs at least 40 acres. The field rule took effect on 2006-09-12.

The Commission's schedule remark for this field reads: ZONE TO BE SET UP IN OZONA (CANYON SAND, OIL).

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
High Cost Gas111994-12-19131150
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
CondensateDisposition4 bbl$238
GasProduction173,213 Mcf$518,649
Total$518,887

54,506 Mcf of this lease's gas, across 28 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 30.4041, -101.4339. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

30.40412, -101.43385 · 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 1 wells
With a plug date
0.0%
0 of 1 wells
Median depth
7,015 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
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.
1100.0%

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 7,015 ft.

Completions filed
Aug 1994
1 of 1 wells

1 well

42-1053655510017,015 ftAug 1994

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 (382)

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

382 months

May 202600106.413.05$0
Apr 20260098.932.87$0
Mar 20260089.753.15$0
Feb 20260063.503.75$0
Jan 20260059.138.00$0
Dec 20250056.664.41$0
Nov 20250058.593.93$0
Oct 20250059.383.30$0
Sep 20250062.743.08$0
Aug 20250063.933.01$0
Jul 20250066.743.32$0
Jun 20250066.483.13$0
May 20250060.553.23$0
Apr 20250062.363.54$0
Mar 20250067.704.27$0
Feb 20250070.884.34$0
Jan 20250074.324.28$0
Dec 20240068.993.12$0
Nov 20240069.052.20$0
Oct 20240071.372.28$0
Sep 20240069.612.36$0
Aug 20240075.632.06$0
Jul 20240079.932.15$0
Jun 20240078.082.63$0
May 20240078.812.20$0
Apr 20240084.451.66$0
Mar 20240080.301.55$0
Feb 20240076.091.78$0
Jan 20240073.023.30$0
Dec 20230071.262.61$0
Nov 20230077.892.81$0
Oct 20230085.443.09$0
Sep 20230089.042.74$0
Aug 20230080.522.67$0
Jul 20230074.852.64$0
Jun 20230068.962.26$0
May 20230070.622.23$0
Apr 20230078.122.24$0
Mar 20230072.852.39$0
Feb 20230075.112.47$0
Jan 20230076.533.39$0
Dec 20220076.415.73$0
Nov 20220085.005.65$0
Oct 20220087.185.86$0
Sep 20220084.888.16$0
Aug 20220094.529.13$0
Jul 202200101.587.54$0
Jun 202200115.097.98$0
May 202200109.378.43$0
Apr 202200104.226.84$0
Mar 202200108.885.08$0
Feb 20220391.054.86$15
Jan 20220281.844.54$9
Dec 20210471.323.90$16
Nov 20210377.435.24$16
Oct 20210479.795.71$23
Sep 20210569.865.35$27
Aug 20210266.024.22$8
Jul 20210470.783.98$16
Jun 20210369.493.38$10
May 20210363.483.02$9
Apr 20210360.362.76$8
Mar 20210461.302.72$11
Feb 20210557.805.55$28
Jan 20210650.412.81$17
Dec 20200744.642.68$19
Nov 20200738.772.71$19
Oct 20200736.972.48$17
Sep 20200637.091.99$12
Aug 20200739.982.39$17
Jul 20200638.371.83$11
Jun 20200734.901.69$12
May 20200716.921.81$13
Apr 20200714.751.80$13
Mar 20200730.341.86$13
Feb 20200749.881.98$14
Jan 20200757.252.09$15
Dec 20190859.012.30$18
Nov 20190555.302.75$14
Oct 20190653.472.42$15
Sep 20190655.052.66$16
Aug 20190753.112.30$16
Jul 20190756.272.46$17
Jun 20190752.782.49$17
May 20190858.482.74$22
Apr 20190462.632.75$11
Mar 20190356.803.06$9
Feb 20190450.852.79$11
Jan 20190446.033.23$13
Dec 20180346.594.19$13
Nov 20180452.934.24$17
Oct 20180361.443.40$10
Sep 20184359.543.11$247
Aug 20180259.403.07$6
Jul 20180565.142.93$15
Jun 20180360.183.08$9
May 20180365.382.90$9
Apr 20180563.842.90$15
Mar 20180561.222.79$14
Feb 20180461.782.77$11
Jan 20180662.874.01$24
Dec 201701057.272.92$29
Nov 201701755.423.12$53
Oct 201702349.292.98$69
Sep 201703647.523.09$111
Aug 201702645.373.00$78
Jul 201702143.873.09$65
Jun 201701842.493.09$56
May 201702945.373.26$95
Apr 2017020047.933.21$642
Mar 2017025946.772.98$773
Feb 2017027450.452.95$809
Jan 2017026649.413.42$909
Dec 2016026548.763.72$987
Nov 2016027742.492.64$732
Oct 2016029446.193.09$909
Sep 2016024941.553.10$772
Aug 2016022941.442.92$670
Jul 2016028541.622.92$833
Jun 2016020245.352.69$543
May 2016026242.521.99$522
Apr 2016025136.561.99$500
Mar 2016028533.011.79$511
Feb 2016026126.472.06$539
Jan 2016029227.352.36$690
Dec 2015029832.362.00$596
Nov 2015028438.792.17$616
Oct 2015032143.552.43$779
Sep 2015036342.992.76$1,001
Aug 2015040740.162.87$1,169
Jul 2015053948.152.95$1,587
Jun 2015015356.152.88$441
May 2015012755.212.96$375
Apr 2015010949.822.71$295
Mar 2015013042.892.93$382
Feb 2015012944.662.98$384
Jan 2015014843.433.10$459
Dec 2014013154.693.59$470
Nov 201409070.464.25$383
Oct 201407278.303.90$281
Sep 201409486.164.05$380
Aug 2014012089.394.04$484
Jul 2014019196.564.18$798
Jun 2014015998.164.74$753
May 2014019994.734.73$941
Apr 2014022095.944.81$1,058
Mar 2014020595.895.06$1,037
Feb 2014021097.406.19$1,300
Jan 2014025890.404.86$1,254
Dec 2013028591.824.35$1,241
Nov 2013027888.853.74$1,039
Oct 2013028297.423.78$1,066
Sep 20130218104.113.72$810
Aug 20130273104.253.52$962
Jul 20130287102.523.72$1,067
Jun 2013031194.403.93$1,223
May 2013020194.834.15$834
Apr 2013028193.964.28$1,203
Mar 2013025393.623.91$990
Feb 2013025591.233.42$872
Jan 2013028491.603.42$971
Dec 2012029286.773.42$999
Nov 2012031086.953.62$1,124
Oct 2012022289.383.40$755
Sep 2012022894.672.92$665
Aug 2012021492.662.91$622
Jul 2012026885.133.02$810
Jun 2012030079.822.52$756
May 2012028991.612.49$719
Apr 20120325101.652.00$649
Mar 20120281105.052.22$624
Feb 20120299101.102.57$769
Jan 2012031498.092.73$859
Dec 2011025896.873.24$836
Nov 2011031995.723.31$1,056
Oct 2011036184.983.65$1,317
Sep 2011032983.623.99$1,311
Aug 2011023683.404.15$979
Jul 2011029194.144.52$1,315
Jun 2011032392.904.64$1,499
May 2011039898.134.40$1,753
Apr 20110233105.964.33$1,010
Mar 2011024696.364.06$998
Feb 2011033485.644.18$1,396
Jan 2011029286.504.59$1,340
Dec 2010034385.734.35$1,491
Nov 2010033080.843.80$1,252
Oct 2010034278.103.51$1,200
Sep 2010032772.633.98$1,301
Aug 2010033673.684.42$1,485
Jul 2010034872.554.74$1,648
Jun 2010032970.364.91$1,616
May 2010036771.124.24$1,554
Apr 2010031681.694.12$1,303
Mar 2010036778.394.39$1,611
Feb 2010037773.585.44$2,052
Jan 2010047874.365.96$2,851
Dec 2009039171.445.48$2,144
Nov 2009020074.593.75$750
Oct 2009024372.544.11$999
Sep 2009020065.543.06$613
Aug 2009024167.423.22$776
Jul 2009025461.133.46$880
Jun 2009033066.163.90$1,285
May 2009019354.743.93$758
Apr 2009036446.773.59$1,306
Mar 2009045842.144.06$1,859
Feb 2009042832.814.63$1,983
Jan 2009050035.865.37$2,686
Dec 2008054737.105.98$3,270
Nov 2008044855.496.86$3,073
Oct 2008033775.246.92$2,333
Sep 20080310101.767.88$2,442
Aug 20080347114.228.48$2,944
Jul 20080247131.0811.39$2,813
Jun 20080260131.3313.03$3,388
May 20080279123.1711.57$3,229
Apr 20080290110.3110.45$3,032
Mar 20080271101.909.66$2,619
Feb 2008033992.538.77$2,973
Jan 2008051290.388.21$4,201
Dec 2007039688.337.30$2,892
Nov 2007058291.677.29$4,244
Oct 2007044882.856.92$3,101
Sep 2007036975.846.24$2,304
Aug 2007049769.066.39$3,175
Jul 2007055670.906.39$3,552
Jun 2007056362.007.55$4,250
May 2007057858.747.85$4,535
Apr 2007048659.617.81$3,793
Mar 2007059856.927.30$4,367
Feb 2007053955.108.22$4,428
Jan 2007075550.306.73$5,079
Dec 2006038156.656.92$2,636
Nov 2006045854.207.62$3,489
Oct 2006043954.906.01$2,640
Sep 2006053760.085.04$2,705
Aug 2006043768.717.34$3,208
Jul 2006042669.376.34$2,702
Jun 2006046366.286.38$2,956
May 2006051966.016.42$3,335
Apr 2006040664.397.36$2,988
Mar 2006032456.707.08$2,295
Feb 2006045057.597.75$3,488
Jan 2006047760.598.93$4,261
Dec 2005042954.9413.42$5,755
Nov 2005054154.6910.59$5,728
Oct 2005056358.3413.80$7,767
Sep 2005043261.4512.08$5,218
Aug 2005044661.519.80$4,369
Jul 2005067055.697.84$5,255
Jun 2005055352.337.38$4,082
May 2005078145.226.65$5,195
Apr 2005013549.207.36$994
Mar 2005046150.377.15$3,298
Feb 2005027545.226.31$1,736
Jan 2005044943.166.32$2,839
Dec 2004038039.866.75$2,565
Nov 2004052445.286.33$3,317
Oct 2004050249.706.52$3,271
Sep 2004045643.245.28$2,409
Aug 2004042442.375.55$2,353
Jul 2004035038.286.08$2,129
Jun 2004055636.106.43$3,577
May 2004060537.486.49$3,929
Apr 2004071734.475.86$4,201
Mar 2004044634.365.53$2,466
Feb 2004042732.455.51$2,353
Jan 2004057232.036.30$3,603
Dec 2003053230.266.30$3,352
Nov 2003046028.804.60$2,114
Oct 2003046928.174.76$2,232
Sep 2003049026.314.75$2,327
Aug 2003049529.765.13$2,539
Jul 2003055129.415.17$2,849
Jun 2003047528.565.98$2,842
May 2003048626.595.97$2,903
Apr 2003053926.675.41$2,915
Mar 2003074131.146.10$4,517
Feb 2003075033.487.93$5,944
Jan 2003073330.315.58$4,092
Dec 2002088026.914.85$4,271
Nov 2002076024.664.14$3,144
Oct 2002042326.464.23$1,789
Sep 2002043027.443.64$1,563
Aug 2002043425.963.16$1,373
Jul 2002048124.583.06$1,473
Jun 2002048123.733.34$1,606
May 2002039224.663.58$1,405
Apr 2002041723.653.51$1,465
Mar 2002045622.003.10$1,415
Feb 2002042018.222.38$998
Jan 2002054617.172.38$1,297
Dec 2001044216.932.36$1,045
Nov 2001055718.072.41$1,340
Oct 2001069519.782.53$1,758
Sep 2001068624.262.25$1,544
Aug 2001074124.873.05$2,262
Jul 2001074823.933.20$2,391
Jun 2001071324.563.82$2,727
May 2001074225.524.31$3,196
Apr 2001073324.685.34$3,911
Mar 2001077024.545.38$4,140
Feb 2001067227.755.77$3,875
Jan 2001073227.478.40$6,148
Dec 2000060726.889.12$5,537
Nov 2000063832.215.66$3,610
Oct 2000063331.235.15$3,257
Sep 2000070131.875.19$3,636
Aug 2000069029.644.54$3,133
Jul 2000062928.534.09$2,572
Jun 2000057429.304.40$2,524
May 2000057727.263.68$2,123
Apr 2000058024.513.12$1,807
Mar 2000072428.422.86$2,070
Feb 2000064927.622.73$1,770
Jan 2000058925.272.48$1,461
Dec 1999074724.282.42$1,811
Nov 1999084223.192.43$2,049
Oct 1999083620.982.80$2,344
Sep 1999082621.752.62$2,163
Aug 1999090619.262.88$2,605
Jul 1999069017.892.37$1,637
Jun 1999092115.942.36$2,175
May 1999087115.792.32$2,022
Apr 1999086215.102.21$1,903
Mar 1999090812.471.84$1,669
Feb 199907489.981.82$1,360
Jan 1999092710.381.90$1,761
Dec 199809809.201.77$1,738
Nov 1998094410.892.19$2,063
Oct 1998090912.421.97$1,790
Sep 199801,07312.592.08$2,235
Aug 199801,39911.301.91$2,668
Jul 199801,04611.742.24$2,340
Jun 1998088311.242.24$1,976
May 1998059412.622.21$1,311
Apr 1998094513.042.51$2,368
Mar 1998075012.802.31$1,732
Feb 1998074913.952.30$1,722
Jan 1998094414.702.15$2,034
Dec 199701,00816.322.41$2,430
Nov 199701,05918.193.09$3,270
Oct 1997089019.253.15$2,803
Sep 1997096617.742.95$2,854
Aug 199701,18417.862.55$3,025
Jul 199701,03017.582.25$2,314
Jun 199701,24317.242.26$2,806
May 199701,34918.972.31$3,114
Apr 199701,19217.882.08$2,483
Mar 199701,35318.951.94$2,624
Feb 1997090320.492.21$1,992
Jan 199701,23423.483.54$4,368
Dec 199601,39123.32$0
Nov 1996094121.97$0
Oct 199601,27123.31$0
Sep 199601,26522.22$0
Aug 199601,43120.26$0
Jul 199601,61419.55$0
Jun 199601,28218.73$0
May 199601,32719.43$0
Apr 199601,77421.51$0
Mar 199601,11819.38$0
Feb 199601,08616.98$0
Jan 199601,15317.07$0
Dec 199501,26617.19$0
Nov 199501,22216.00$0
Oct 199501,03915.43$0
Sep 199501,66716.18$0
Aug 199501,61915.92$0
Jul 199501,95215.24$0
Jun 199502,01416.41$0
May 199502,03717.56$0
Apr 199502,22317.73$0
Mar 199502,31616.44$0
Feb 199502,36716.58$0
Jan 199502,77215.92$0
Dec 199402,99315.03$0
Nov 199403,33615.90$0
Oct 199404,19615.58$0
Sep 199405,83415.29$0
Aug 19940016.13$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 2022 — as filed, then multipliedworked
Condensate             0 bbl  × $ 91.05 =         $0
Gas                    3 Mcf  × $  4.86 =        $15

────────────────────────────────────────────────────
Month total                                      $15

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. 7C/G/151353 is the state's own key, not one this site invented.