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 151484District 7CField 679952002 tax incentive programmesGasSaveExport
Value, all time
$919 k
Aug 1994 – May 2026
Value, last 12 filed months
$193
at the published price for each month
Months reported
382
no gaps in the span
Streams
1
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 Gas111995-01-23131158
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
GasProduction322,061 Mcf$919,382
Total$919,382

105,076 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 30.4125, -101.4181. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

30.41248, -101.41812 · 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
6,820 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 6,820 ft.

Completions filed
Aug 1994
1 of 1 wells

1 well

42-105365589026,820 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 20261106.413.05$3
Apr 2026298.932.87$6
Mar 2026089.753.15$0
Feb 2026263.503.75$8
Jan 2026459.138.00$32
Dec 2025656.664.41$26
Nov 2025758.593.93$27
Oct 2025559.383.30$17
Sep 2025762.743.08$22
Aug 20251163.933.01$33
Jul 2025666.743.32$20
Jun 2025066.483.13$0
May 2025060.553.23$0
Apr 2025062.363.54$0
Mar 2025067.704.27$0
Feb 2025870.884.34$35
Jan 2025074.324.28$0
Dec 20241268.993.12$37
Nov 20241369.052.20$29
Oct 2024171.372.28$2
Sep 2024869.612.36$19
Aug 20241575.632.06$31
Jul 20241379.932.15$28
Jun 20241878.082.63$47
May 20241178.812.20$24
Apr 2024984.451.66$15
Mar 20241280.301.55$19
Feb 20241376.091.78$23
Jan 20241173.023.30$36
Dec 20232371.262.61$60
Nov 202383877.892.81$2,353
Oct 202373685.443.09$2,272
Sep 202366789.042.74$1,824
Aug 202351580.522.67$1,377
Jul 202354874.852.64$1,448
Jun 202352968.962.26$1,195
May 202353270.622.23$1,185
Apr 2023978.122.24$20
Mar 2023472.852.39$10
Feb 20231075.112.47$25
Jan 2023976.533.39$30
Dec 20221676.415.73$92
Nov 202242185.005.65$2,377
Oct 202215387.185.86$897
Sep 202218784.888.16$1,527
Aug 202216094.529.13$1,460
Jul 202211101.587.54$83
Jun 20225115.097.98$40
May 20221109.378.43$8
Apr 20221104.226.84$7
Mar 20220108.885.08$0
Feb 2022191.054.86$5
Jan 2022181.844.54$5
Dec 2021071.323.90$0
Nov 20212377.435.24$120
Oct 2021079.795.71$0
Sep 202116369.865.35$872
Aug 20217466.024.22$312
Jul 20213370.783.98$131
Jun 20213569.493.38$118
May 202112963.483.02$389
Apr 2021460.362.76$11
Mar 2021361.302.72$8
Feb 2021157.805.55$6
Jan 20211550.412.81$42
Dec 20201544.642.68$40
Nov 20201638.772.71$43
Oct 20201736.972.48$42
Sep 20201437.091.99$28
Aug 20201639.982.39$38
Jul 20201638.371.83$29
Jun 20201634.901.69$27
May 20201716.921.81$31
Apr 20201914.751.80$34
Mar 20201530.341.86$28
Feb 20202349.881.98$46
Jan 20202557.252.09$52
Dec 20192459.012.30$55
Nov 20192055.302.75$55
Oct 20192353.472.42$56
Sep 20191355.052.66$35
Aug 20191553.112.30$35
Jul 20194956.272.46$121
Jun 20194852.782.49$120
May 201917458.482.74$477
Apr 201916562.632.75$454
Mar 201912356.803.06$377
Feb 20199150.852.79$254
Jan 201913946.033.23$449
Dec 2018746.594.19$29
Nov 2018452.934.24$17
Oct 2018561.443.40$17
Sep 201816559.543.11$513
Aug 20182759.403.07$83
Jul 201817765.142.93$519
Jun 201828260.183.08$868
May 201830365.382.90$879
Apr 201815663.842.90$453
Mar 201831661.222.79$881
Feb 201824961.782.77$689
Jan 201829762.874.01$1,191
Dec 201729157.272.92$850
Nov 201728455.423.12$886
Oct 201726649.292.98$794
Sep 201728747.523.09$886
Aug 201725445.373.00$763
Jul 201726843.873.09$827
Jun 201736142.493.09$1,115
May 201746945.373.26$1,531
Apr 201724047.933.21$771
Mar 201725346.772.98$755
Feb 201723450.452.95$691
Jan 201728349.413.42$968
Dec 201629148.763.72$1,083
Nov 201628042.492.64$740
Oct 201627946.193.09$862
Sep 201626941.553.10$834
Aug 201626441.442.92$772
Jul 201627641.622.92$807
Jun 201628045.352.69$752
May 201627742.521.99$552
Apr 201625036.561.99$498
Mar 201627333.011.79$490
Feb 201626226.472.06$541
Jan 201634727.352.36$820
Dec 201528632.362.00$572
Nov 201529238.792.17$633
Oct 201529943.552.43$726
Sep 201529742.992.76$819
Aug 201528540.162.87$819
Jul 201530248.152.95$889
Jun 201529956.152.88$862
May 201533055.212.96$975
Apr 201532649.822.71$882
Mar 201536142.892.93$1,059
Feb 201535944.662.98$1,068
Jan 201537443.433.10$1,160
Dec 201436754.693.59$1,318
Nov 201435770.464.25$1,518
Oct 201434778.303.90$1,354
Sep 201432986.164.05$1,331
Aug 201434189.394.04$1,376
Jul 201434896.564.18$1,455
Jun 201433398.164.74$1,577
May 201435194.734.73$1,659
Apr 201435695.944.81$1,712
Mar 201434095.895.06$1,719
Feb 201433697.406.19$2,081
Jan 201437090.404.86$1,798
Dec 201337491.824.35$1,629
Nov 201337488.853.74$1,398
Oct 201339497.423.78$1,489
Sep 2013379104.113.72$1,409
Aug 2013396104.253.52$1,395
Jul 2013408102.523.72$1,517
Jun 201343294.403.93$1,699
May 201334694.834.15$1,436
Apr 201344593.964.28$1,906
Mar 201334193.623.91$1,334
Feb 201338191.233.42$1,303
Jan 201343491.603.42$1,484
Dec 201244686.773.42$1,525
Nov 201241686.953.62$1,508
Oct 201244689.383.40$1,516
Sep 201241394.672.92$1,205
Aug 201243592.662.91$1,265
Jul 201244885.133.02$1,353
Jun 201244079.822.52$1,108
May 201243991.612.49$1,092
Apr 2012420101.652.00$839
Mar 2012441105.052.22$980
Feb 2012439101.102.57$1,128
Jan 201246698.092.73$1,274
Dec 201152196.873.24$1,688
Nov 201155995.723.31$1,851
Oct 201152284.983.65$1,905
Sep 201147883.623.99$1,905
Aug 201148983.404.15$2,029
Jul 201149294.144.52$2,222
Jun 201148892.904.64$2,264
May 201158398.134.40$2,568
Apr 2011363105.964.33$1,573
Mar 201149496.364.06$2,004
Feb 201144185.644.18$1,843
Jan 201149386.504.59$2,262
Dec 201045485.734.35$1,974
Nov 201047480.843.80$1,799
Oct 201050978.103.51$1,786
Sep 201049872.633.98$1,982
Aug 201051673.684.42$2,280
Jul 201054372.554.74$2,572
Jun 201048970.364.91$2,401
May 201055471.124.24$2,346
Apr 201046881.694.12$1,929
Mar 201052978.394.39$2,322
Feb 201048073.585.44$2,612
Jan 201052774.365.96$3,143
Dec 200952671.445.48$2,884
Nov 200951574.593.75$1,932
Oct 200955072.544.11$2,261
Sep 200955265.543.06$1,692
Aug 200952267.423.22$1,680
Jul 200956061.133.46$1,940
Jun 200954966.163.90$2,138
May 200957654.743.93$2,261
Apr 200956946.773.59$2,041
Mar 200960842.144.06$2,468
Feb 200955932.814.63$2,590
Jan 200962935.865.37$3,378
Dec 200863737.105.98$3,807
Nov 200862555.496.86$4,288
Oct 200858375.246.92$4,036
Sep 2008723101.767.88$5,695
Aug 2008998114.228.48$8,466
Jul 2008970131.0811.39$11,048
Jun 2008691131.3313.03$9,006
May 2008617123.1711.57$7,141
Apr 2008574110.3110.45$6,001
Mar 2008607101.909.66$5,866
Feb 200857792.538.77$5,061
Jan 200860390.388.21$4,948
Dec 200762888.337.30$4,586
Nov 200762791.677.29$4,572
Oct 200766282.856.92$4,582
Sep 200767875.846.24$4,234
Aug 200779369.066.39$5,066
Jul 200777170.906.39$4,925
Jun 200770762.007.55$5,337
May 200772558.747.85$5,689
Apr 200770659.617.81$5,510
Mar 200777856.927.30$5,681
Feb 200773555.108.22$6,039
Jan 200777850.306.73$5,233
Dec 200676156.656.92$5,265
Nov 200662254.207.62$4,738
Oct 200672054.906.01$4,330
Sep 200666460.085.04$3,345
Aug 200671168.717.34$5,219
Jul 200676469.376.34$4,846
Jun 200677466.286.38$4,941
May 200673866.016.42$4,742
Apr 200676664.397.36$5,638
Mar 200669656.707.08$4,930
Feb 200660657.597.75$4,697
Jan 200671560.598.93$6,387
Dec 200556754.9413.42$7,607
Nov 200556254.6910.59$5,951
Oct 200579258.3413.80$10,926
Sep 200573361.4512.08$8,854
Aug 200583961.519.80$8,220
Jul 200584355.697.84$6,612
Jun 200579152.337.38$5,838
May 200577445.226.65$5,148
Apr 200575549.207.36$5,557
Mar 200574550.377.15$5,330
Feb 200570245.226.31$4,431
Jan 200581543.166.32$5,153
Dec 200483139.866.75$5,610
Nov 200483745.286.33$5,299
Oct 200483149.706.52$5,414
Sep 200483043.245.28$4,386
Aug 200486542.375.55$4,801
Jul 200494338.286.08$5,737
Jun 200491736.106.43$5,899
May 200496437.486.49$6,261
Apr 200489734.475.86$5,255
Mar 200489234.365.53$4,933
Feb 200486732.455.51$4,777
Jan 200492132.036.30$5,802
Dec 200393830.266.30$5,911
Nov 200392728.804.60$4,260
Oct 20031,03328.174.76$4,917
Sep 200393026.314.75$4,417
Aug 200382929.765.13$4,253
Jul 20031,02829.415.17$5,316
Jun 200396228.565.98$5,756
May 20031,09626.595.97$6,546
Apr 20031,04226.675.41$5,634
Mar 20031,10431.146.10$6,730
Feb 20031,08533.487.93$8,600
Jan 200398630.315.58$5,504
Dec 20021,07326.914.85$5,208
Nov 20021,10724.664.14$4,580
Oct 200296126.464.23$4,064
Sep 200291627.443.64$3,330
Aug 20021,02825.963.16$3,253
Jul 200299924.583.06$3,059
Jun 20021,02223.733.34$3,412
May 20021,01424.663.58$3,634
Apr 20021,01423.653.51$3,561
Mar 20021,09622.003.10$3,401
Feb 200295818.222.38$2,276
Jan 20021,11717.172.38$2,654
Dec 20011,07816.932.36$2,549
Nov 200197618.072.41$2,348
Oct 20011,07619.782.53$2,721
Sep 20011,03824.262.25$2,337
Aug 20011,07724.873.05$3,288
Jul 20011,08823.933.20$3,478
Jun 20011,08924.563.82$4,165
May 20011,14425.524.31$4,928
Apr 20011,06924.685.34$5,703
Mar 20011,18424.545.38$6,366
Feb 20011,14527.755.77$6,603
Jan 20011,06127.478.40$8,911
Dec 20001,16326.889.12$10,609
Nov 20001,16032.215.66$6,563
Oct 20001,22531.235.15$6,303
Sep 20001,28131.875.19$6,644
Aug 20001,40829.644.54$6,393
Jul 20001,40528.534.09$5,746
Jun 20001,33629.304.40$5,875
May 20001,40127.263.68$5,155
Apr 20001,44824.513.12$4,512
Mar 20001,49728.422.86$4,281
Feb 20001,46327.622.73$3,989
Jan 20001,44125.272.48$3,574
Dec 19991,38024.282.42$3,345
Nov 19991,40523.192.43$3,420
Oct 19991,44820.982.80$4,060
Sep 19991,35821.752.62$3,556
Aug 19991,62219.262.88$4,664
Jul 19991,72717.892.37$4,097
Jun 19991,60715.942.36$3,796
May 19991,88715.792.32$4,380
Apr 19991,90215.102.21$4,200
Mar 19992,01912.471.84$3,712
Feb 19992,0059.981.82$3,645
Jan 19992,32010.381.90$4,408
Dec 19982,3009.201.77$4,079
Nov 19981,16510.892.19$2,546
Oct 19981,11812.421.97$2,202
Sep 19981,18212.592.08$2,462
Aug 19981,25611.301.91$2,396
Jul 19981,40111.742.24$3,134
Jun 19981,65811.242.24$3,709
May 19981,59912.622.21$3,528
Apr 19981,32213.042.51$3,312
Mar 19981,62312.802.31$3,748
Feb 19981,32013.952.30$3,035
Jan 19981,60214.702.15$3,452
Dec 19971,81616.322.41$4,379
Nov 19972,20818.193.09$6,819
Oct 19972,24219.253.15$7,062
Sep 19972,27817.742.95$6,731
Aug 19972,35017.862.55$6,004
Jul 19972,44917.582.25$5,503
Jun 19972,35117.242.26$5,307
May 19972,56518.972.31$5,921
Apr 19972,27617.882.08$4,740
Mar 19972,38718.951.94$4,629
Feb 19972,31520.492.21$5,107
Jan 19972,57323.483.54$9,108
Dec 19962,56423.32$0
Nov 19962,53221.97$0
Oct 19962,71423.31$0
Sep 19962,64522.22$0
Aug 19962,24120.26$0
Jul 19962,27119.55$0
Jun 19962,53718.73$0
May 19962,39319.43$0
Apr 19962,67921.51$0
Mar 19962,86219.38$0
Feb 19962,75216.98$0
Jan 19963,10917.07$0
Dec 19953,11917.19$0
Nov 19952,77516.00$0
Oct 19953,95515.43$0
Sep 19954,54716.18$0
Aug 19954,44815.92$0
Jul 19954,48815.24$0
Jun 19954,46316.41$0
May 19954,65917.56$0
Apr 19954,59517.73$0
Mar 19954,41816.44$0
Feb 19954,77316.58$0
Jan 19955,72615.92$0
Dec 19946,59415.03$0
Nov 19946,83315.90$0
Oct 19948,22715.58$0
Sep 199415715.29$0
Aug 1994016.13$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
Gas                    1 Mcf  × $  3.05 =         $3

────────────────────────────────────────────────────
Month total                                       $3

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/151484 is the state's own key, not one this site invented.