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 154337District 7CField 679952002 tax incentive programmesCondensateGasSaveExport
Value, all time
$239 k
Feb 1995 – May 2026
Value, last 12 filed months
$2 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 Gas111995-08-23132608
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
CondensateDisposition9 bbl$575
GasProduction74,876 Mcf$238,447
Total$239,022

20,639 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 30.4018, -101.4099. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

30.40181, -101.40991 · 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

42-1053672727036,700 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 2026030106.413.05$91
Apr 202601198.932.87$32
Mar 20260089.753.15$0
Feb 20260263.503.75$8
Jan 20260059.138.00$0
Dec 202516456.664.41$339
Nov 202518458.593.93$388
Oct 202508859.383.30$291
Sep 202507362.743.08$225
Aug 202517463.933.01$287
Jul 202517966.743.32$329
Jun 202507966.483.13$247
May 202517960.553.23$316
Apr 202519962.363.54$413
Mar 2025212067.704.27$648
Feb 202517170.884.34$379
Jan 20250074.324.28$0
Dec 202408668.993.12$268
Nov 202409169.052.20$200
Oct 2024010371.372.28$235
Sep 202405669.612.36$132
Aug 202408475.632.06$173
Jul 202408979.932.15$191
Jun 202408378.082.63$219
May 202408678.812.20$189
Apr 202408084.451.66$133
Mar 202408380.301.55$128
Feb 202408276.091.78$146
Jan 202409773.023.30$320
Dec 202308171.262.61$211
Nov 202308377.892.81$233
Oct 2023010385.443.09$318
Sep 2023010589.042.74$287
Aug 2023010480.522.67$278
Jul 2023010674.852.64$280
Jun 2023010268.962.26$230
May 2023011570.622.23$256
Apr 202307278.122.24$161
Mar 202309172.852.39$218
Feb 202308375.112.47$205
Jan 2023012476.533.39$420
Dec 2022023976.415.73$1,369
Nov 2022020585.005.65$1,157
Oct 2022010187.185.86$592
Sep 2022010184.888.16$825
Aug 2022010494.529.13$949
Jul 2022095101.587.54$717
Jun 2022083115.097.98$662
May 2022094109.378.43$793
Apr 2022097104.226.84$663
Mar 2022088108.885.08$447
Feb 202207791.054.86$374
Jan 202208381.844.54$377
Dec 202106471.323.90$250
Nov 202109177.435.24$477
Oct 202109479.795.71$537
Sep 202109669.865.35$514
Aug 202109866.024.22$414
Jul 2021010370.783.98$410
Jun 202105269.493.38$176
May 20210063.483.02$0
Apr 202102660.362.76$72
Mar 202106561.302.72$177
Feb 202105257.805.55$288
Jan 202104650.412.81$129
Dec 202006544.642.68$174
Nov 202006638.772.71$179
Oct 202006636.972.48$164
Sep 202006637.091.99$131
Aug 202007339.982.39$174
Jul 20200038.371.83$0
Jun 20200034.901.69$0
May 20200016.921.81$0
Apr 20200014.751.80$0
Mar 20200030.341.86$0
Feb 20200049.881.98$0
Jan 20200057.252.09$0
Dec 20190059.012.30$0
Nov 20190055.302.75$0
Oct 20190053.472.42$0
Sep 20190055.052.66$0
Aug 20190053.112.30$0
Jul 20190056.272.46$0
Jun 20190052.782.49$0
May 20190058.482.74$0
Apr 20190062.632.75$0
Mar 20190056.803.06$0
Feb 20190050.852.79$0
Jan 20190046.033.23$0
Dec 20180046.594.19$0
Nov 20180052.934.24$0
Oct 20180061.443.40$0
Sep 20180059.543.11$0
Aug 20180059.403.07$0
Jul 20180265.142.93$6
Jun 20180360.183.08$9
May 20180065.382.90$0
Apr 20180063.842.90$0
Mar 20180061.222.79$0
Feb 20180061.782.77$0
Jan 20180062.874.01$0
Dec 20170057.272.92$0
Nov 20170055.423.12$0
Oct 20170049.292.98$0
Sep 20170047.523.09$0
Aug 20170045.373.00$0
Jul 20170043.873.09$0
Jun 20170342.493.09$9
May 20170045.373.26$0
Apr 201701347.933.21$42
Mar 201702546.772.98$75
Feb 201701550.452.95$44
Jan 201701249.413.42$41
Dec 201601348.763.72$48
Nov 201601442.492.64$37
Oct 201601646.193.09$49
Sep 201601741.553.10$53
Aug 201601441.442.92$41
Jul 201601741.622.92$50
Jun 201601745.352.69$46
May 201602042.521.99$40
Apr 201601736.561.99$34
Mar 201601833.011.79$32
Feb 201601626.472.06$33
Jan 201601727.352.36$40
Dec 201501932.362.00$38
Nov 201501738.792.17$37
Oct 201501943.552.43$46
Sep 201501642.992.76$44
Aug 201502940.162.87$83
Jul 201503148.152.95$91
Jun 201503556.152.88$101
May 201502355.212.96$68
Apr 201502249.822.71$60
Mar 201502542.892.93$73
Feb 201502544.662.98$74
Jan 201502843.433.10$87
Dec 201403054.693.59$108
Nov 201403470.464.25$145
Oct 201403478.303.90$133
Sep 201403386.164.05$134
Aug 201403889.394.04$153
Jul 201403796.564.18$155
Jun 201403998.164.74$185
May 201404394.734.73$203
Apr 201404695.944.81$221
Mar 201404095.895.06$202
Feb 201404497.406.19$272
Jan 201405390.404.86$258
Dec 201305291.824.35$226
Nov 201305588.853.74$206
Oct 201306497.423.78$242
Sep 2013070104.113.72$260
Aug 2013098104.253.52$345
Jul 2013026102.523.72$97
Jun 201308294.403.93$323
May 201307294.834.15$299
Apr 201308893.964.28$377
Mar 201307693.623.91$297
Feb 201308691.233.42$294
Jan 2013010491.603.42$356
Dec 2012011086.773.42$376
Nov 2012011486.953.62$413
Oct 2012013089.383.40$442
Sep 2012013594.672.92$394
Aug 2012015892.662.91$459
Jul 2012015785.133.02$474
Jun 2012015579.822.52$390
May 2012016891.612.49$418
Apr 20120192101.652.00$383
Mar 2012015105.052.22$33
Feb 201202101.102.57$5
Jan 201206198.092.73$167
Dec 2011010896.873.24$350
Nov 201108095.723.31$265
Oct 201107484.983.65$270
Sep 201107583.623.99$299
Aug 201108383.404.15$344
Jul 201109094.144.52$407
Jun 201109992.904.64$459
May 2011013198.134.40$577
Apr 20110134105.964.33$581
Mar 2011014396.364.06$580
Feb 2011013085.644.18$543
Jan 2011014286.504.59$652
Dec 2010014985.734.35$648
Nov 2010014580.843.80$550
Oct 2010015478.103.51$540
Sep 2010014672.633.98$581
Aug 2010012673.684.42$557
Jul 2010012772.554.74$602
Jun 201009370.364.91$457
May 2010011571.124.24$487
Apr 201008181.694.12$334
Mar 2010011878.394.39$518
Feb 2010011373.585.44$615
Jan 2010012074.365.96$716
Dec 2009011371.445.48$620
Nov 2009010774.593.75$401
Oct 200909772.544.11$399
Sep 200908365.543.06$254
Aug 2009015067.423.22$483
Jul 2009011461.133.46$395
Jun 200904766.163.90$183
May 2009013654.743.93$534
Apr 20090046.773.59$0
Mar 2009012242.144.06$495
Feb 2009013132.814.63$607
Jan 2009014735.865.37$790
Dec 2008016937.105.98$1,010
Nov 2008015955.496.86$1,091
Oct 2008020475.246.92$1,412
Sep 2008082101.767.88$646
Aug 2008095114.228.48$806
Jul 2008085131.0811.39$968
Jun 2008092131.3313.03$1,199
May 20080102123.1711.57$1,181
Apr 20080105110.3110.45$1,098
Mar 20080120101.909.66$1,160
Feb 2008012092.538.77$1,052
Jan 2008012990.388.21$1,059
Dec 2007017288.337.30$1,256
Nov 2007017991.677.29$1,305
Oct 2007019782.856.92$1,364
Sep 2007019175.846.24$1,193
Aug 2007020269.066.39$1,290
Jul 2007020470.906.39$1,303
Jun 2007019262.007.55$1,449
May 2007015858.747.85$1,240
Apr 2007018859.617.81$1,467
Mar 2007020856.927.30$1,519
Feb 2007019055.108.22$1,561
Jan 2007013450.306.73$901
Dec 2006018156.656.92$1,252
Nov 2006020354.207.62$1,546
Oct 2006020954.906.01$1,257
Sep 2006020660.085.04$1,038
Aug 2006052668.717.34$3,861
Jul 2006021669.376.34$1,370
Jun 2006020966.286.38$1,334
May 2006024466.016.42$1,568
Apr 2006025064.397.36$1,840
Mar 2006023056.707.08$1,629
Feb 2006022357.597.75$1,729
Jan 2006027560.598.93$2,457
Dec 2005026854.9413.42$3,595
Nov 2005019254.6910.59$2,033
Oct 2005024058.3413.80$3,311
Sep 2005022661.4512.08$2,730
Aug 2005023661.519.80$2,312
Jul 2005024455.697.84$1,914
Jun 2005025352.337.38$1,867
May 2005023045.226.65$1,530
Apr 2005023949.207.36$1,759
Mar 2005025150.377.15$1,796
Feb 2005025345.226.31$1,597
Jan 2005026743.166.32$1,688
Dec 2004027139.866.75$1,830
Nov 2004028145.286.33$1,779
Oct 2004027849.706.52$1,811
Sep 2004027843.245.28$1,469
Aug 2004026942.375.55$1,493
Jul 2004027238.286.08$1,655
Jun 2004027436.106.43$1,763
May 2004031037.486.49$2,013
Apr 2004028734.475.86$1,681
Mar 2004030534.365.53$1,687
Feb 2004025432.455.51$1,399
Jan 2004028132.036.30$1,770
Dec 2003029430.266.30$1,853
Nov 2003028228.804.60$1,296
Oct 2003030228.174.76$1,437
Sep 2003029126.314.75$1,382
Aug 2003029629.765.13$1,518
Jul 2003028529.415.17$1,474
Jun 2003025128.565.98$1,502
May 2003028226.595.97$1,684
Apr 2003026626.675.41$1,438
Mar 2003027531.146.10$1,676
Feb 2003027633.487.93$2,188
Jan 2003028530.315.58$1,591
Dec 2002030226.914.85$1,466
Nov 2002029024.664.14$1,200
Oct 2002030626.464.23$1,294
Sep 2002032727.443.64$1,189
Aug 2002031725.963.16$1,003
Jul 2002030624.583.06$937
Jun 2002030223.733.34$1,008
May 2002033924.663.58$1,215
Apr 2002027823.653.51$976
Mar 2002032022.003.10$993
Feb 2002051018.222.38$1,212
Jan 2002036917.172.38$877
Dec 2001036416.932.36$861
Nov 2001030618.072.41$736
Oct 2001028319.782.53$716
Sep 2001027324.262.25$615
Aug 2001025624.873.05$782
Jul 2001025723.933.20$822
Jun 2001026324.563.82$1,006
May 2001028225.524.31$1,215
Apr 2001024124.685.34$1,286
Mar 2001023824.545.38$1,280
Feb 2001022327.755.77$1,286
Jan 2001018727.478.40$1,571
Dec 200009826.889.12$894
Nov 2000026932.215.66$1,522
Oct 2000028031.235.15$1,441
Sep 2000029131.875.19$1,509
Aug 2000032229.644.54$1,462
Jul 2000027728.534.09$1,133
Jun 2000026929.304.40$1,183
May 2000030027.263.68$1,104
Apr 2000032224.513.12$1,003
Mar 2000029428.422.86$841
Feb 2000029327.622.73$799
Jan 2000030725.272.48$762
Dec 1999034124.282.42$826
Nov 1999027223.192.43$662
Oct 1999036220.982.80$1,015
Sep 1999026621.752.62$697
Aug 1999031619.262.88$909
Jul 1999027417.892.37$650
Jun 1999028415.942.36$671
May 1999028215.792.32$655
Apr 1999028915.102.21$638
Mar 1999033812.471.84$621
Feb 199903679.981.82$667
Jan 1999040910.381.90$777
Dec 199804059.201.77$718
Nov 1998036310.892.19$793
Oct 1998038112.421.97$750
Sep 1998036812.592.08$766
Aug 1998042011.301.91$801
Jul 1998036011.742.24$805
Jun 1998039511.242.24$884
May 1998041112.622.21$907
Apr 1998043413.042.51$1,087
Mar 1998048412.802.31$1,118
Feb 1998044213.952.30$1,016
Jan 1998038714.702.15$834
Dec 1997047616.322.41$1,148
Nov 1997045918.193.09$1,418
Oct 1997045519.253.15$1,433
Sep 1997046817.742.95$1,383
Aug 1997050717.862.55$1,295
Jul 1997046517.582.25$1,045
Jun 1997049517.242.26$1,117
May 1997050718.972.31$1,170
Apr 1997052217.882.08$1,087
Mar 1997062718.951.94$1,216
Feb 1997040920.492.21$902
Jan 1997048923.483.54$1,731
Dec 1996052023.32$0
Nov 1996057621.97$0
Oct 1996056323.31$0
Sep 1996050722.22$0
Aug 1996051020.26$0
Jul 1996053019.55$0
Jun 1996065618.73$0
May 1996052419.43$0
Apr 1996052621.51$0
Mar 1996051319.38$0
Feb 1996048316.98$0
Jan 1996034617.07$0
Dec 1995041217.19$0
Nov 1995040916.00$0
Oct 1995044415.43$0
Sep 1995062016.18$0
Aug 1995074515.92$0
Jul 1995060715.24$0
Jun 199507,82416.41$0
May 199502,28317.56$0
Apr 199501,04117.73$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                   30 Mcf  × $  3.05 =        $91

────────────────────────────────────────────────────
Month total                                      $91

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/154337 is the state's own key, not one this site invented.