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 153935District 7CField 679952002 tax incentive programmesCondensateGasSaveExport
Value, all time
$183 k
Feb 1995 – May 2026
Value, last 12 filed months
$3 k
at the published price for each month
Months reported
376
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 Gas111995-06-02132119
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
CondensateDisposition8 bbl$543
GasProduction61,948 Mcf$182,435
Total$182,978

17,441 Mcf of this lease's gas, across 21 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 30.4055, -101.4126. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

30.40551, -101.41263 · 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
6,700 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 6,700 ft.

Completions filed
Feb 1995
1 of 1 wells

1 well

42-105367519076,700 ftFeb 1995

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 (376)

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

376 months

May 2026063106.413.05$192
Apr 202619598.932.87$372
Mar 20260089.753.15$0
Feb 202624663.503.75$300
Jan 202616959.138.00$611
Dec 202514556.664.41$255
Nov 202504758.593.93$185
Oct 202504859.383.30$159
Sep 202504362.743.08$132
Aug 202504463.933.01$133
Jul 202503466.743.32$113
Jun 202504166.483.13$128
May 202504160.553.23$133
Apr 202514662.363.54$225
Mar 202514767.704.27$268
Feb 202514070.884.34$245
Jan 20250074.324.28$0
Dec 202404068.993.12$125
Nov 202404069.052.20$88
Oct 202405371.372.28$121
Sep 202404369.612.36$102
Aug 202404175.632.06$85
Jul 202404179.932.15$88
Jun 202404178.082.63$108
May 202404178.812.20$90
Apr 202403984.451.66$65
Mar 202403980.301.55$60
Feb 202404276.091.78$75
Jan 202404073.023.30$132
Dec 202306771.262.61$175
Nov 202306577.892.81$182
Oct 202308585.443.09$262
Sep 202305889.042.74$159
Aug 202306180.522.67$163
Jul 202306674.852.64$174
Jun 202306868.962.26$154
May 202307970.622.23$176
Apr 202305778.122.24$128
Mar 202307172.852.39$170
Feb 202306975.112.47$170
Jan 202309476.533.39$318
Dec 2022011776.415.73$670
Nov 202208885.005.65$497
Oct 202207987.185.86$463
Sep 202205284.888.16$425
Aug 202204794.529.13$429
Jul 2022048101.587.54$362
Jun 2022043115.097.98$343
May 2022046109.378.43$388
Apr 2022045104.226.84$308
Mar 2022046108.885.08$234
Feb 202204591.054.86$219
Jan 202205181.844.54$231
Dec 202105171.323.90$199
Nov 202104577.435.24$236
Oct 202104979.795.71$280
Sep 202104969.865.35$262
Aug 202105166.024.22$215
Jul 202104870.783.98$191
Jun 202104269.493.38$142
May 202103763.483.02$112
Apr 202104760.362.76$130
Mar 202104761.302.72$128
Feb 202104457.805.55$244
Jan 202104650.412.81$129
Dec 202004744.642.68$126
Nov 202005038.772.71$135
Oct 202005336.972.48$131
Sep 202004537.091.99$90
Aug 202005039.982.39$119
Jul 202005138.371.83$93
Jun 202005134.901.69$86
May 202005416.921.81$98
Apr 202006014.751.80$108
Mar 202006130.341.86$113
Feb 202005849.881.98$115
Jan 202006357.252.09$132
Dec 201906559.012.30$150
Nov 201906955.302.75$190
Oct 201906153.472.42$148
Sep 201906255.052.66$165
Aug 201907053.112.30$161
Jul 201906956.272.46$170
Jun 201906752.782.49$167
May 201907158.482.74$195
Apr 201907062.632.75$193
Mar 201907356.803.06$224
Feb 201906850.852.79$190
Jan 201907646.033.23$245
Dec 201808146.594.19$339
Nov 201809952.934.24$419
Oct 2018011861.443.40$401
Sep 2018014259.543.11$441
Aug 201803959.403.07$120
Jul 201805465.142.93$158
Jun 201804260.183.08$129
May 201806165.382.90$177
Apr 201806463.842.90$186
Mar 201807661.222.79$212
Feb 201806961.782.77$191
Jan 201807762.874.01$309
Dec 201707957.272.92$231
Nov 201708155.423.12$253
Oct 201706749.292.98$200
Sep 201708647.523.09$266
Aug 201705745.373.00$171
Jul 201706143.873.09$188
Jun 201708042.493.09$247
May 201706445.373.26$209
Apr 201708547.933.21$273
Mar 2017015946.772.98$474
Feb 20170050.452.95$0
Jan 201702849.413.42$96
Dec 2016010548.763.72$391
Nov 2016011742.492.64$309
Oct 201602846.193.09$87
Sep 201608741.553.10$270
Aug 2016010541.442.92$307
Jul 201607241.622.92$211
Jun 201607345.352.69$196
May 2016011042.521.99$219
Apr 201608936.561.99$177
Mar 201609733.011.79$174
Feb 2016010426.472.06$215
Jan 2016012127.352.36$286
Dec 2015011032.362.00$220
Nov 2015011838.792.17$256
Oct 2015014643.552.43$354
Sep 201502742.992.76$74
Aug 201503240.162.87$92
Jul 201505348.152.95$156
Jun 201505156.152.88$147
May 201503655.212.96$106
Apr 201502649.822.71$70
Mar 201502642.892.93$76
Feb 201503844.662.98$113
Jan 201503943.433.10$121
Dec 201404154.693.59$147
Nov 201403870.464.25$162
Oct 201404178.303.90$160
Sep 201404786.164.05$190
Aug 2014010789.394.04$432
Jul 201406596.564.18$272
Jun 2014010198.164.74$478
May 2014012094.734.73$567
Apr 2014011795.944.81$563
Mar 2014010695.895.06$536
Feb 2014011197.406.19$687
Jan 2014010590.404.86$510
Dec 2013010791.824.35$466
Nov 2013010288.853.74$381
Oct 2013011197.423.78$420
Sep 20130112104.113.72$416
Aug 20130167104.253.52$588
Jul 2013038102.523.72$141
Jun 2013014394.403.93$562
May 201309394.834.15$386
Apr 2013011893.964.28$505
Mar 201309293.623.91$360
Feb 201308191.233.42$277
Jan 201309491.603.42$321
Dec 201209486.773.42$322
Nov 201209486.953.62$341
Oct 2012010089.383.40$340
Sep 2012010194.672.92$295
Aug 2012012392.662.91$358
Jul 2012012885.133.02$387
Jun 2012012379.822.52$310
May 201209791.612.49$241
Apr 2012088101.652.00$176
Mar 20120107105.052.22$238
Feb 20120136101.102.57$350
Jan 201209598.092.73$260
Dec 2011010396.873.24$334
Nov 2011011795.723.31$387
Oct 2011011284.983.65$409
Sep 2011011183.623.99$442
Aug 2011011783.404.15$485
Jul 2011011794.144.52$529
Jun 2011010792.904.64$496
May 2011010698.134.40$467
Apr 20110104105.964.33$451
Mar 2011011396.364.06$458
Feb 2011011085.644.18$460
Jan 2011010186.504.59$463
Dec 2010010085.734.35$435
Nov 201009580.843.80$361
Oct 201009578.103.51$333
Sep 2010010772.633.98$426
Aug 2010010973.684.42$482
Jul 201008972.554.74$422
Jun 201009170.364.91$447
May 2010012071.124.24$508
Apr 2010010781.694.12$441
Mar 2010011578.394.39$505
Feb 2010010573.585.44$571
Jan 2010012074.365.96$716
Dec 2009014771.445.48$806
Nov 200905174.593.75$191
Oct 2009012072.544.11$493
Sep 200909465.543.06$288
Aug 2009016267.423.22$521
Jul 200906661.133.46$229
Jun 2009012866.163.90$499
May 2009013354.743.93$522
Apr 2009012346.773.59$441
Mar 2009013342.144.06$540
Feb 2009011532.814.63$533
Jan 2009011435.865.37$612
Dec 2008013937.105.98$831
Nov 2008024855.496.86$1,701
Oct 20080075.246.92$0
Sep 200807101.767.88$55
Aug 20080109114.228.48$925
Jul 20080135131.0811.39$1,538
Jun 20080186131.3313.03$2,424
May 2008064123.1711.57$741
Apr 2008083110.3110.45$868
Mar 2008074101.909.66$715
Feb 200807492.538.77$649
Jan 200807790.388.21$632
Dec 2007012188.337.30$884
Nov 2007011291.677.29$817
Oct 2007012682.856.92$872
Sep 2007012175.846.24$756
Aug 2007014069.066.39$894
Jul 2007016270.906.39$1,035
Jun 2007021262.007.55$1,600
May 2007011558.747.85$902
Apr 2007019659.617.81$1,530
Mar 2007010256.927.30$745
Feb 2007015755.108.22$1,290
Jan 2007018150.306.73$1,218
Dec 2006013056.656.92$899
Nov 2006014854.207.62$1,127
Oct 2006014554.906.01$872
Sep 2006014160.085.04$710
Aug 2006013568.717.34$991
Jul 2006010669.376.34$672
Jun 2006012666.286.38$804
May 2006014766.016.42$944
Apr 2006019764.397.36$1,450
Mar 2006022256.707.08$1,572
Feb 200605357.597.75$411
Jan 2006013560.598.93$1,206
Dec 200508854.9413.42$1,181
Nov 2005011854.6910.59$1,249
Oct 200509258.3413.80$1,269
Sep 2005013061.4512.08$1,570
Aug 2005014361.519.80$1,401
Jul 2005014055.697.84$1,098
Jun 2005014852.337.38$1,092
May 2005016445.226.65$1,091
Apr 2005013949.207.36$1,023
Mar 2005014650.377.15$1,045
Feb 2005012445.226.31$783
Jan 2005014243.166.32$898
Dec 2004014639.866.75$986
Nov 2004013545.286.33$855
Oct 2004015049.706.52$977
Sep 2004017743.245.28$935
Aug 2004015642.375.55$866
Jul 2004017038.286.08$1,034
Jun 2004018436.106.43$1,184
May 2004018637.486.49$1,208
Apr 2004016534.475.86$967
Mar 2004016734.365.53$924
Feb 2004016032.455.51$882
Jan 2004017032.036.30$1,071
Dec 2003016130.266.30$1,015
Nov 2003015728.804.60$721
Oct 2003019528.174.76$928
Sep 2003017026.314.75$807
Aug 2003016129.765.13$826
Jul 2003017229.415.17$889
Jun 2003015528.565.98$927
May 2003015626.595.97$932
Apr 2003016726.675.41$903
Mar 2003017831.146.10$1,085
Feb 2003019133.487.93$1,514
Jan 2003018030.315.58$1,005
Dec 2002018526.914.85$898
Nov 2002018424.664.14$761
Oct 2002017426.464.23$736
Sep 2002017327.443.64$629
Aug 2002015625.963.16$494
Jul 2002017024.583.06$521
Jun 2002016623.733.34$554
May 2002017424.663.58$624
Apr 2002016123.653.51$565
Mar 2002015522.003.10$481
Feb 2002014418.222.38$342
Jan 2002016617.172.38$394
Dec 2001017116.932.36$404
Nov 2001018718.072.41$450
Oct 2001018719.782.53$473
Sep 2001017224.262.25$387
Aug 2001016424.873.05$501
Jul 2001016523.933.20$528
Jun 2001016024.563.82$612
May 2001017925.524.31$771
Apr 2001013524.685.34$720
Mar 2001015824.545.38$849
Feb 2001013227.755.77$761
Jan 2001013627.478.40$1,142
Dec 2000019226.889.12$1,752
Nov 2000014132.215.66$798
Oct 2000016231.235.15$834
Sep 2000017831.875.19$923
Aug 2000019229.644.54$872
Jul 2000018428.534.09$753
Jun 2000017929.304.40$787
May 2000018627.263.68$684
Apr 2000021024.513.12$654
Mar 2000021628.422.86$618
Feb 2000024027.622.73$654
Jan 2000023625.272.48$585
Dec 1999026524.282.42$642
Nov 1999023723.192.43$577
Oct 1999026620.982.80$746
Sep 1999020721.752.62$542
Aug 1999027119.262.88$779
Jul 1999018517.892.37$439
Jun 1999031815.942.36$751
May 1999029415.792.32$682
Apr 1999030515.102.21$673
Mar 1999028912.471.84$531
Feb 199902689.981.82$487
Jan 1999035110.381.90$667
Dec 199803329.201.77$589
Nov 1998029410.892.19$643
Oct 1998030712.421.97$605
Sep 1998031812.592.08$662
Aug 1998030511.301.91$582
Jul 1998028511.742.24$638
Jun 1998030011.242.24$671
May 1998031612.622.21$697
Apr 1998032513.042.51$814
Mar 1998034512.802.31$797
Feb 1998036413.952.30$837
Jan 1998041214.702.15$888
Dec 1997045516.322.41$1,097
Nov 1997043818.193.09$1,353
Oct 1997036619.253.15$1,153
Sep 1997039217.742.95$1,158
Aug 1997036917.862.55$943
Jul 1997042217.582.25$948
Jun 1997040017.242.26$903
May 1997046318.972.31$1,069
Apr 1997041917.882.08$873
Mar 1997046018.951.94$892
Feb 1997032920.492.21$726
Jan 1997046123.483.54$1,632
Dec 1996051723.32$0
Nov 1996049321.97$0
Oct 1996056223.31$0
Sep 1996047822.22$0
Aug 1996052920.26$0
Jul 1996052519.55$0
Jun 1996055718.73$0
May 1996066819.43$0
Apr 1996070421.51$0
Mar 1996080319.38$0
Feb 1996078816.98$0
Jan 1996053417.07$0
Dec 1995062617.19$0
Nov 1995060816.00$0
Oct 1995057915.43$0
Sep 1995068016.18$0
Aug 199501,04115.92$0
Jul 199501,09915.24$0
Jun 199501,44516.41$0
May 199501,87217.56$0
Apr 199502,33317.73$0
Mar 19950016.44$0
Feb 19950016.58$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             0 bbl  × $106.41 =         $0
Gas                   63 Mcf  × $  3.05 =       $192

────────────────────────────────────────────────────
Month total                                     $192

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/153935 is the state's own key, not one this site invented.