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 151458District 7CField 679952002 tax incentive programmesCondensateGasSaveExport
Value, all time
$1.3 M
Aug 1994 – May 2026
Value, last 12 filed months
$9 k
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 Gas111994-12-19131157
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
CondensateDisposition39 bbl$2,957
GasProduction423,577 Mcf$1,288,187
Total$1,291,143

114,482 Mcf of this lease's gas, across 27 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 30.4090, -101.4226. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

30.40903, -101.42258 · 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
6,800 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 6,800 ft.

Completions filed
Aug 1994
1 of 1 wells

1 well

42-105365569016,800 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 20261148106.413.05$557
Apr 2026323498.932.87$968
Mar 20261310989.753.15$1,510
Feb 2026513263.503.75$813
Jan 2026114059.138.00$1,179
Dec 2025217856.664.41$899
Nov 2025222558.593.93$1,001
Oct 2025119759.383.30$710
Sep 2025012862.743.08$394
Aug 2025113263.933.01$462
Jul 2025113366.743.32$508
Jun 2025112666.483.13$461
May 2025212660.553.23$528
Apr 2025212862.363.54$578
Mar 2025213467.704.27$707
Feb 2025212270.884.34$671
Jan 20250074.324.28$0
Dec 2024013268.993.12$412
Nov 2024013569.052.20$297
Oct 2024014571.372.28$331
Sep 2024014669.612.36$345
Aug 2024014175.632.06$291
Jul 2024014179.932.15$303
Jun 2024013978.082.63$366
May 2024014678.812.20$321
Apr 2024014384.451.66$237
Mar 2024013680.301.55$210
Feb 2024012276.091.78$218
Jan 2024013473.023.30$442
Dec 2023013071.262.61$339
Nov 2023012877.892.81$359
Oct 2023015085.443.09$463
Sep 2023015589.042.74$424
Aug 2023015380.522.67$409
Jul 2023015774.852.64$415
Jun 2023019568.962.26$440
May 202305670.622.23$125
Apr 2023013678.122.24$304
Mar 2023016472.852.39$392
Feb 2023013675.112.47$335
Jan 2023014676.533.39$495
Dec 2022014276.415.73$814
Nov 2022013985.005.65$785
Oct 2022015687.185.86$915
Sep 2022011984.888.16$971
Aug 202209994.529.13$904
Jul 20220134101.587.54$1,011
Jun 20220124115.097.98$989
May 20220135109.378.43$1,138
Apr 20220133104.226.84$909
Mar 20220135108.885.08$685
Feb 2022012391.054.86$598
Jan 2022013681.844.54$617
Dec 2021013971.323.90$542
Nov 2021014077.435.24$733
Oct 2021013779.795.71$783
Sep 2021013969.865.35$744
Aug 2021015266.024.22$642
Jul 2021014170.783.98$561
Jun 2021013069.493.38$439
May 2021012763.483.02$383
Apr 2021015660.362.76$430
Mar 2021016661.302.72$451
Feb 2021017657.805.55$976
Jan 2021016550.412.81$464
Dec 2020015244.642.68$407
Nov 2020016338.772.71$441
Oct 2020017436.972.48$431
Sep 2020014837.091.99$295
Aug 2020016339.982.39$389
Jul 2020016538.371.83$301
Jun 2020016534.901.69$279
May 2020017416.921.81$316
Apr 2020019314.751.80$348
Mar 2020019530.341.86$362
Feb 2020019049.881.98$376
Jan 2020020157.252.09$421
Dec 2019021059.012.30$484
Nov 2019020355.302.75$558
Oct 2019020553.472.42$496
Sep 2019019455.052.66$516
Aug 2019020453.112.30$470
Jul 2019020456.272.46$502
Jun 2019019852.782.49$493
May 2019020458.482.74$559
Apr 2019019862.632.75$545
Mar 2019025756.803.06$787
Feb 2019020550.852.79$572
Jan 2019024146.033.23$778
Dec 2018024846.594.19$1,038
Nov 2018024052.934.24$1,017
Oct 2018025461.443.40$863
Sep 2018027859.543.11$864
Aug 2018022459.403.07$687
Jul 2018026065.142.93$762
Jun 2018026260.183.08$806
May 2018028065.382.90$812
Apr 2018031163.842.90$902
Mar 2018032061.222.79$892
Feb 2018028461.782.77$786
Jan 2018032562.874.01$1,303
Dec 2017031657.272.92$923
Nov 2017028455.423.12$886
Oct 2017022849.292.98$680
Sep 2017022647.523.09$698
Aug 2017024845.373.00$745
Jul 2017030143.873.09$929
Jun 2017031942.493.09$985
May 2017034745.373.26$1,132
Apr 2017041147.933.21$1,320
Mar 2017054546.772.98$1,626
Feb 2017027250.452.95$803
Jan 2017030349.413.42$1,036
Dec 2016030148.763.72$1,121
Nov 2016029242.492.64$772
Oct 2016031546.193.09$973
Sep 2016028441.553.10$881
Aug 2016029141.442.92$851
Jul 2016030741.622.92$898
Jun 2016030945.352.69$830
May 2016035842.521.99$713
Apr 2016037236.561.99$741
Mar 2016027633.011.79$495
Feb 2016026626.472.06$549
Jan 2016028427.352.36$671
Dec 2015028732.362.00$574
Nov 2015028038.792.17$607
Oct 2015029943.552.43$726
Sep 2015036142.992.76$996
Aug 2015039040.162.87$1,120
Jul 2015029548.152.95$869
Jun 2015028856.152.88$830
May 2015029955.212.96$884
Apr 2015030049.822.71$812
Mar 2015033442.892.93$980
Feb 2015029444.662.98$875
Jan 2015033843.433.10$1,048
Dec 2014034054.693.59$1,221
Nov 2014034670.464.25$1,471
Oct 2014037978.303.90$1,478
Sep 2014038286.164.05$1,545
Aug 2014033689.394.04$1,356
Jul 2014033896.564.18$1,413
Jun 2014033698.164.74$1,592
May 2014033894.734.73$1,598
Apr 2014033295.944.81$1,597
Mar 2014032395.895.06$1,633
Feb 2014037297.406.19$2,303
Jan 2014035190.404.86$1,706
Dec 2013032091.824.35$1,393
Nov 2013032388.853.74$1,207
Oct 2013030497.423.78$1,149
Sep 20130303104.113.72$1,126
Aug 20130361104.253.52$1,272
Jul 20130317102.523.72$1,179
Jun 2013042894.403.93$1,684
May 2013036794.834.15$1,523
Apr 2013046593.964.28$1,991
Mar 2013037493.623.91$1,463
Feb 2013040891.233.42$1,395
Jan 2013044991.603.42$1,536
Dec 2012043786.773.42$1,495
Nov 2012043086.953.62$1,559
Oct 2012045789.383.40$1,554
Sep 2012045494.672.92$1,325
Aug 2012047692.662.91$1,384
Jul 2012050685.133.02$1,529
Jun 2012045479.822.52$1,144
May 2012047491.612.49$1,179
Apr 20120476101.652.00$950
Mar 20120496105.052.22$1,102
Feb 20120469101.102.57$1,205
Jan 2012050998.092.73$1,392
Dec 2011054096.873.24$1,749
Nov 2011047695.723.31$1,576
Oct 2011051784.983.65$1,886
Sep 2011050383.623.99$2,005
Aug 2011055683.404.15$2,307
Jul 2011056294.144.52$2,539
Jun 2011055992.904.64$2,594
May 2011060598.134.40$2,665
Apr 20110593105.964.33$2,570
Mar 2011060896.364.06$2,467
Feb 2011054085.644.18$2,257
Jan 2011061786.504.59$2,831
Dec 2010062585.734.35$2,717
Nov 2010061280.843.80$2,323
Oct 2010062278.103.51$2,183
Sep 2010061372.633.98$2,439
Aug 2010064773.684.42$2,859
Jul 2010067372.554.74$3,188
Jun 2010064070.364.91$3,143
May 2010072271.124.24$3,058
Apr 2010066181.694.12$2,725
Mar 2010065678.394.39$2,879
Feb 2010059273.585.44$3,222
Jan 2010065574.365.96$3,906
Dec 2009066371.445.48$3,636
Nov 2009065674.593.75$2,461
Oct 2009069572.544.11$2,857
Sep 2009064365.543.06$1,971
Aug 2009067367.423.22$2,166
Jul 2009073061.133.46$2,529
Jun 2009068666.163.90$2,672
May 2009066754.743.93$2,618
Apr 2009065146.773.59$2,335
Mar 2009069442.144.06$2,817
Feb 2009061632.814.63$2,854
Jan 2009068935.865.37$3,701
Dec 2008069837.105.98$4,172
Nov 2008069755.496.86$4,782
Oct 2008076475.246.92$5,288
Sep 20080534101.767.88$4,206
Aug 20080817114.228.48$6,931
Jul 20080747131.0811.39$8,508
Jun 20080776131.3313.03$10,113
May 20080792123.1711.57$9,167
Apr 20080728110.3110.45$7,611
Mar 20080802101.909.66$7,751
Feb 2008081192.538.77$7,113
Jan 2008084890.388.21$6,958
Dec 2007077388.337.30$5,644
Nov 2007078191.677.29$5,695
Oct 2007090082.856.92$6,230
Sep 2007096375.846.24$6,013
Aug 200701,17469.066.39$7,499
Jul 2007047170.906.39$3,009
Jun 2007080362.007.55$6,061
May 200701,05958.747.85$8,309
Apr 2007098159.617.81$7,657
Mar 200701,05256.927.30$7,682
Feb 2007091455.108.22$7,509
Jan 200701,09750.306.73$7,379
Dec 200601,02356.656.92$7,078
Nov 2006090754.207.62$6,909
Oct 2006099454.906.01$5,978
Sep 200601,01260.085.04$5,098
Aug 200601,11968.717.34$8,213
Jul 200601,08969.376.34$6,907
Jun 200601,09266.286.38$6,971
May 200601,09566.016.42$7,035
Apr 200601,10464.397.36$8,126
Mar 200601,08456.707.08$7,678
Feb 2006087857.597.75$6,805
Jan 200601,02460.598.93$9,148
Dec 200501,00454.9413.42$13,469
Nov 2005094154.6910.59$9,964
Oct 200501,08858.3413.80$15,010
Sep 200501,04161.4512.08$12,574
Aug 200501,12261.519.80$10,992
Jul 200501,17455.697.84$9,208
Jun 200501,09952.337.38$8,112
May 200501,13245.226.65$7,529
Apr 200501,12749.207.36$8,295
Mar 200501,11350.377.15$7,963
Feb 200501,02545.226.31$6,470
Jan 200501,16743.166.32$7,378
Dec 200401,21139.866.75$8,176
Nov 200401,13145.286.33$7,160
Oct 200401,23349.706.52$8,033
Sep 200401,22843.245.28$6,489
Aug 200401,26442.375.55$7,016
Jul 200401,30238.286.08$7,922
Jun 200401,28036.106.43$8,234
May 200401,37937.486.49$8,956
Apr 200401,30934.475.86$7,669
Mar 200401,36734.365.53$7,560
Feb 200401,24132.455.51$6,837
Jan 200401,34532.036.30$8,473
Dec 200301,37630.266.30$8,671
Nov 200301,42828.804.60$6,562
Oct 200301,46928.174.76$6,992
Sep 200301,39726.314.75$6,635
Aug 200301,47929.765.13$7,587
Jul 200301,46129.415.17$7,555
Jun 200301,43328.565.98$8,574
May 200301,51226.595.97$9,031
Apr 200301,47726.675.41$7,987
Mar 200301,59031.146.10$9,693
Feb 200301,45633.487.93$11,540
Jan 200301,62430.315.58$9,065
Dec 200201,64426.914.85$7,980
Nov 200201,54424.664.14$6,387
Oct 200201,58426.464.23$6,699
Sep 200201,54527.443.64$5,616
Aug 200201,66925.963.16$5,281
Jul 200201,69024.583.06$5,174
Jun 200201,67523.733.34$5,592
May 200201,72124.663.58$6,168
Apr 200201,65323.653.51$5,806
Mar 200201,75522.003.10$5,445
Feb 200201,50218.222.38$3,568
Jan 200201,79517.172.38$4,264
Dec 200101,73916.932.36$4,112
Nov 200101,51218.072.41$3,637
Oct 200101,61819.782.53$4,092
Sep 200101,67324.262.25$3,766
Aug 200101,74524.873.05$5,328
Jul 200101,80923.933.20$5,784
Jun 200101,76924.563.82$6,765
May 200101,80225.524.31$7,762
Apr 200101,76424.685.34$9,412
Mar 200101,87824.545.38$10,097
Feb 200101,64427.755.77$9,481
Jan 200101,94727.478.40$16,352
Dec 200001,80526.889.12$16,466
Nov 200001,85232.215.66$10,479
Oct 200001,91931.235.15$9,874
Sep 200001,89531.875.19$9,828
Aug 200002,03729.644.54$9,250
Jul 200002,05328.534.09$8,396
Jun 200001,98529.304.40$8,729
May 200002,04727.263.68$7,532
Apr 200002,07524.513.12$6,466
Mar 200002,20528.422.86$6,306
Feb 200002,02627.622.73$5,524
Jan 200002,31925.272.48$5,752
Dec 199902,31924.282.42$5,621
Nov 199902,29723.192.43$5,591
Oct 199902,41920.982.80$6,782
Sep 199902,36021.752.62$6,180
Aug 199902,51519.262.88$7,232
Jul 199902,56517.892.37$6,085
Jun 199902,45515.942.36$5,799
May 199902,52115.792.32$5,851
Apr 199902,37515.102.21$5,244
Mar 199902,48012.471.84$4,559
Feb 199902,3469.981.82$4,265
Jan 199902,64610.381.90$5,027
Dec 199802,6109.201.77$4,628
Nov 199802,50910.892.19$5,484
Oct 199802,67212.421.97$5,262
Sep 199802,67212.592.08$5,565
Aug 199802,88611.301.91$5,505
Jul 199802,95311.742.24$6,607
Jun 199802,94611.242.24$6,591
May 199803,08012.622.21$6,796
Apr 199802,99313.042.51$7,498
Mar 199803,11212.802.31$7,187
Feb 199802,82013.952.30$6,484
Jan 199803,18814.702.15$6,869
Dec 199703,26116.322.41$7,863
Nov 199702,82118.193.09$8,712
Oct 199702,98819.253.15$9,412
Sep 199703,24317.742.95$9,583
Aug 199703,21117.862.55$8,203
Jul 199703,07017.582.25$6,898
Jun 199703,00417.242.26$6,781
May 199703,25718.972.31$7,519
Apr 199702,96817.882.08$6,182
Mar 199703,16118.951.94$6,130
Feb 199702,91920.492.21$6,439
Jan 199703,23023.483.54$11,433
Dec 199603,45623.32$0
Nov 199602,97521.97$0
Oct 199603,49323.31$0
Sep 199603,41022.22$0
Aug 199603,05120.26$0
Jul 199603,10019.55$0
Jun 199603,09618.73$0
May 199603,22019.43$0
Apr 199603,27721.51$0
Mar 199603,13519.38$0
Feb 199603,20816.98$0
Jan 199603,01117.07$0
Dec 199503,26417.19$0
Nov 199503,32216.00$0
Oct 199504,81915.43$0
Sep 199504,73016.18$0
Aug 199504,60515.92$0
Jul 199504,50915.24$0
Jun 199504,28916.41$0
May 199504,33917.56$0
Apr 199504,22117.73$0
Mar 199504,77816.44$0
Feb 199505,22816.58$0
Jan 199506,25615.92$0
Dec 199406,88215.03$0
Nov 199406,77315.90$0
Oct 199408,03515.58$0
Sep 19940015.29$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.

May 2026 — as filed, then multipliedworked
Condensate             1 bbl  × $106.41 =       $106
Gas                  148 Mcf  × $  3.05 =       $451

────────────────────────────────────────────────────
Month total                                     $557

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/151458 is the state's own key, not one this site invented.