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 154340District 7CField 679952002 tax incentive programmesCondensateGasSaveExport
Value, all time
$2.1 M
Mar 1995 – May 2026
Value, last 12 filed months
$23 k
at the published price for each month
Months reported
375
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 Gas111995-08-03132420
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
CondensateDisposition82 bbl$5,582
GasProduction722,129 Mcf$2,078,271
Total$2,083,852

208,251 Mcf of this lease's gas, across 20 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 30.4057, -101.4017. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

30.40572, -101.40168 · 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
6,840 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 6,840 ft.

Completions filed
Mar 1995
1 of 1 wells

1 well

42-1053672927066,840 ftMar 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 (375)

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

375 months

May 20262392106.413.05$1,407
Apr 2026751998.932.87$2,182
Mar 20262089.753.15$180
Feb 20261439463.503.75$2,367
Jan 2026445559.138.00$3,876
Dec 2025649256.664.41$2,511
Nov 2025447258.593.93$2,088
Oct 2025344959.383.30$1,662
Sep 2025247962.743.08$1,599
Aug 2025549963.933.01$1,824
Jul 2025449166.743.32$1,895
Jun 2025349366.483.13$1,742
May 2025649360.553.23$1,957
Apr 2025647762.363.54$2,064
Mar 2025749667.704.27$2,591
Feb 2025744470.884.34$2,423
Jan 20250074.324.28$0
Dec 2024047868.993.12$1,492
Nov 2024048369.052.20$1,062
Oct 2024051871.372.28$1,182
Sep 2024044669.612.36$1,055
Aug 2024049875.632.06$1,028
Jul 2024050079.932.15$1,073
Jun 2024048778.082.63$1,283
May 2024050478.812.20$1,108
Apr 2024048884.451.66$810
Mar 2024050280.301.55$776
Feb 2024046276.091.78$824
Jan 2024049073.023.30$1,616
Dec 2023049071.262.61$1,279
Nov 2023052377.892.81$1,468
Oct 2023048085.443.09$1,482
Sep 2023049089.042.74$1,340
Aug 2023051380.522.67$1,371
Jul 2023052174.852.64$1,376
Jun 2023051968.962.26$1,172
May 2023056470.622.23$1,256
Apr 2023051778.122.24$1,157
Mar 2023022772.852.39$543
Feb 2023046975.112.47$1,156
Jan 2023050776.533.39$1,718
Dec 2022048876.415.73$2,796
Nov 2022048785.005.65$2,750
Oct 2022051187.185.86$2,996
Sep 2022047184.888.16$3,845
Aug 2022048794.529.13$4,445
Jul 20220493101.587.54$3,718
Jun 20220463115.097.98$3,693
May 20220490109.378.43$4,132
Apr 20220475104.226.84$3,248
Mar 20220489108.885.08$2,482
Feb 2022044491.054.86$2,157
Jan 2022049481.844.54$2,242
Dec 2021048571.323.90$1,891
Nov 2021047077.435.24$2,461
Oct 2021049079.795.71$2,800
Sep 2021049869.865.35$2,665
Aug 2021052466.024.22$2,212
Jul 2021052770.783.98$2,099
Jun 2021058169.493.38$1,964
May 2021026463.483.02$797
Apr 2021049160.362.76$1,354
Mar 2021064661.302.72$1,755
Feb 2021047257.805.55$2,619
Jan 2021033650.412.81$944
Dec 2020048444.642.68$1,295
Nov 2020052138.772.71$1,410
Oct 2020055336.972.48$1,371
Sep 2020047137.091.99$938
Aug 2020052039.982.39$1,240
Jul 2020052738.371.83$962
Jun 2020052634.901.69$889
May 2020055516.921.81$1,007
Apr 2020061414.751.80$1,108
Mar 2020066130.341.86$1,227
Feb 2020056849.881.98$1,125
Jan 2020072457.252.09$1,517
Dec 2019042659.012.30$982
Nov 2019067755.302.75$1,862
Oct 2019041753.472.42$1,009
Sep 2019057655.052.66$1,531
Aug 2019060353.112.30$1,390
Jul 2019060856.272.46$1,496
Jun 2019060652.782.49$1,510
May 2019065758.482.74$1,800
Apr 2019055562.632.75$1,527
Mar 2019062556.803.06$1,914
Feb 2019070650.852.79$1,971
Jan 2019048446.033.23$1,562
Dec 2018062746.594.19$2,624
Nov 2018059552.934.24$2,521
Oct 2018063761.443.40$2,165
Sep 2018071059.543.11$2,207
Aug 2018055759.403.07$1,708
Jul 2018066065.142.93$1,935
Jun 2018061160.183.08$1,880
May 2018065265.382.90$1,891
Apr 2018066563.842.90$1,929
Mar 2018065961.222.79$1,837
Feb 2018061161.782.77$1,690
Jan 2018070762.874.01$2,835
Dec 2017069957.272.92$2,042
Nov 2017072555.423.12$2,261
Oct 2017080849.292.98$2,411
Sep 2017089647.523.09$2,766
Aug 2017096845.373.00$2,908
Jul 2017074343.873.09$2,294
Jun 2017048542.493.09$1,497
May 2017052545.373.26$1,713
Apr 2017037947.933.21$1,217
Mar 2017048446.772.98$1,444
Feb 2017042850.452.95$1,264
Jan 2017048849.413.42$1,668
Dec 2016050548.763.72$1,880
Nov 2016050342.492.64$1,330
Oct 2016048346.193.09$1,493
Sep 2016042641.553.10$1,321
Aug 2016048141.442.92$1,407
Jul 2016056141.622.92$1,641
Jun 2016051545.352.69$1,383
May 2016057842.521.99$1,151
Apr 2016055536.561.99$1,105
Mar 2016053033.011.79$951
Feb 2016049026.472.06$1,011
Jan 2016060327.352.36$1,426
Dec 2015062432.362.00$1,249
Nov 2015063738.792.17$1,381
Oct 2015070043.552.43$1,699
Sep 2015072842.992.76$2,008
Aug 2015072740.162.87$2,088
Jul 2015077348.152.95$2,277
Jun 2015078356.152.88$2,257
May 2015083355.212.96$2,462
Apr 2015089449.822.71$2,420
Mar 2015087242.892.93$2,559
Feb 2015087344.662.98$2,598
Jan 2015099043.433.10$3,070
Dec 2014086454.693.59$3,103
Nov 2014063670.464.25$2,704
Oct 2014066978.303.90$2,610
Sep 2014072386.164.05$2,925
Aug 2014075789.394.04$3,055
Jul 2014079796.564.18$3,331
Jun 2014079798.164.74$3,775
May 201401,04594.734.73$4,939
Apr 2014062195.944.81$2,986
Mar 2014051495.895.06$2,599
Feb 2014046097.406.19$2,848
Jan 2014068590.404.86$3,330
Dec 2013084791.824.35$3,688
Nov 2013080588.853.74$3,009
Oct 2013084897.423.78$3,205
Sep 20130825104.113.72$3,067
Aug 20130868104.253.52$3,058
Jul 20130896102.523.72$3,331
Jun 2013095594.403.93$3,756
May 2013075694.834.15$3,137
Apr 2013099093.964.28$4,240
Mar 2013067693.623.91$2,645
Feb 2013081191.233.42$2,774
Jan 2013090291.603.42$3,085
Dec 2012096786.773.42$3,307
Nov 2012098986.953.62$3,585
Oct 201201,08589.383.40$3,689
Sep 201201,14694.672.92$3,344
Aug 201201,25492.662.91$3,647
Jul 201201,24785.133.02$3,767
Jun 201201,07979.822.52$2,718
May 2012081491.612.49$2,025
Apr 20120962101.652.00$1,921
Mar 20120995105.052.22$2,211
Feb 201201,081101.102.57$2,778
Jan 2012093798.092.73$2,562
Dec 2011085696.873.24$2,773
Nov 2011065595.723.31$2,169
Oct 2011082784.983.65$3,017
Sep 2011084583.623.99$3,368
Aug 2011085783.404.15$3,556
Jul 2011087494.144.52$3,948
Jun 2011085892.904.64$3,981
May 2011087898.134.40$3,867
Apr 20110767105.964.33$3,324
Mar 201101,10596.364.06$4,483
Feb 201101,07885.644.18$4,506
Jan 201101,22086.504.59$5,598
Dec 201001,22585.734.35$5,326
Nov 201001,12180.843.80$4,255
Oct 2010098878.103.51$3,467
Sep 201001,00072.633.98$3,979
Aug 201001,19773.684.42$5,290
Jul 201001,22772.554.74$5,812
Jun 2010086570.364.91$4,248
May 2010093171.124.24$3,943
Apr 2010070981.694.12$2,923
Mar 201001,00678.394.39$4,415
Feb 2010088873.585.44$4,833
Jan 201001,10274.365.96$6,572
Dec 200901,17371.445.48$6,432
Nov 200901,14674.593.75$4,299
Oct 200901,20872.544.11$4,965
Sep 200901,24365.543.06$3,809
Aug 200901,33567.423.22$4,297
Jul 2009097361.133.46$3,371
Jun 2009094266.163.90$3,669
May 2009097954.743.93$3,843
Apr 2009095546.773.59$3,426
Mar 2009098942.144.06$4,014
Feb 2009089632.814.63$4,151
Jan 2009099435.865.37$5,339
Dec 200801,00437.105.98$6,001
Nov 200801,01455.496.86$6,956
Oct 200801,18375.246.92$8,189
Sep 20080511101.767.88$4,025
Aug 200801,263114.228.48$10,714
Jul 200801,291131.0811.39$14,704
Jun 200801,233131.3313.03$16,069
May 200801,283123.1711.57$14,850
Apr 200801,235110.3110.45$12,912
Mar 200801,268101.909.66$12,254
Feb 200801,20292.538.77$10,542
Jan 200801,28790.388.21$10,561
Dec 200701,26488.337.30$9,230
Nov 200701,18991.677.29$8,670
Oct 200701,33082.856.92$9,206
Sep 200701,28675.846.24$8,030
Aug 200701,25469.066.39$8,010
Jul 200701,26770.906.39$8,094
Jun 200701,31962.007.55$9,956
May 200701,24558.747.85$9,769
Apr 200701,23459.617.81$9,632
Mar 200701,38256.927.30$10,091
Feb 200701,25755.108.22$10,328
Jan 200701,44050.306.73$9,687
Dec 200601,40156.656.92$9,693
Nov 200601,18354.207.62$9,011
Oct 200601,37654.906.01$8,275
Sep 200601,41360.085.04$7,118
Aug 200601,34068.717.34$9,835
Jul 200601,28069.376.34$8,119
Jun 200601,10066.286.38$7,022
May 200601,31466.016.42$8,442
Apr 200601,16564.397.36$8,575
Mar 200601,05356.707.08$7,458
Feb 200601,18857.597.75$9,208
Jan 200601,05460.598.93$9,416
Dec 200501,23054.9413.42$16,501
Nov 200501,00754.6910.59$10,663
Oct 200501,74958.3413.80$24,129
Sep 200501,57061.4512.08$18,964
Aug 200501,94761.519.80$19,074
Jul 200501,68955.697.84$13,248
Jun 200501,86852.337.38$13,788
May 200501,88045.226.65$12,504
Apr 200501,86649.207.36$13,735
Mar 200501,98450.377.15$14,195
Feb 200501,75745.226.31$11,090
Jan 200501,75743.166.32$11,108
Dec 200401,84239.866.75$12,435
Nov 200401,69045.286.33$10,698
Oct 200401,94149.706.52$12,646
Sep 200401,88743.245.28$9,971
Aug 200401,89842.375.55$10,535
Jul 200402,02838.286.08$12,339
Jun 200401,93736.106.43$12,461
May 200402,00837.486.49$13,041
Apr 200401,99834.475.86$11,705
Mar 200402,09634.365.53$11,591
Feb 200401,87932.455.51$10,353
Jan 200401,99932.036.30$12,593
Dec 200302,15730.266.30$13,593
Nov 200302,07128.804.60$9,517
Oct 200302,16628.174.76$10,309
Sep 200302,12726.314.75$10,102
Aug 200302,20529.765.13$11,311
Jul 200302,27929.415.17$11,784
Jun 200302,17828.565.98$13,031
May 200302,29826.595.97$13,725
Apr 200302,21926.675.41$11,999
Mar 200302,39631.146.10$14,606
Feb 200302,11933.487.93$16,795
Jan 200302,38230.315.58$13,296
Dec 200202,43726.914.85$11,829
Nov 200202,28024.664.14$9,432
Oct 200202,36726.464.23$10,010
Sep 200202,35127.443.64$8,546
Aug 200202,29025.963.16$7,246
Jul 200202,48724.583.06$7,615
Jun 200202,49423.733.34$8,326
May 200202,48324.663.58$8,899
Apr 200202,48623.653.51$8,732
Mar 200202,70122.003.10$8,380
Feb 200202,09618.222.38$4,979
Jan 200202,58017.172.38$6,129
Dec 200102,59616.932.36$6,138
Nov 200102,38418.072.41$5,735
Oct 200102,53019.782.53$6,398
Sep 200102,53224.262.25$5,700
Aug 200102,56424.873.05$7,828
Jul 200102,61723.933.20$8,367
Jun 200102,49424.563.82$9,537
May 200102,69025.524.31$11,587
Apr 200102,56024.685.34$13,658
Mar 200102,81124.545.38$15,113
Feb 200102,52627.755.77$14,568
Jan 200102,86427.478.40$24,054
Dec 200002,54126.889.12$23,180
Nov 200002,63432.215.66$14,903
Oct 200002,82231.235.15$14,521
Sep 200002,90131.875.19$15,046
Aug 200003,00729.644.54$13,654
Jul 200002,96428.534.09$12,122
Jun 200002,80629.304.40$12,339
May 200003,15927.263.68$11,624
Apr 200003,14224.513.12$9,790
Mar 200003,13728.422.86$8,971
Feb 200003,10527.622.73$8,466
Jan 200003,26925.272.48$8,109
Dec 199903,34824.282.42$8,115
Nov 199903,32423.192.43$8,091
Oct 199903,52520.982.80$9,883
Sep 199903,37721.752.62$8,844
Aug 199903,68719.262.88$10,602
Jul 199903,82917.892.37$9,084
Jun 199903,62315.942.36$8,558
May 199903,86615.792.32$8,973
Apr 199903,74715.102.21$8,274
Mar 199904,23812.471.84$7,791
Feb 199904,1479.981.82$7,538
Jan 199904,80010.381.90$9,120
Dec 199804,2839.201.77$7,595
Nov 199804,11010.892.19$8,983
Oct 199804,53512.421.97$8,930
Sep 199804,00712.592.08$8,345
Aug 199804,14511.301.91$7,906
Jul 199804,30511.742.24$9,631
Jun 199804,37311.242.24$9,784
May 199804,40412.622.21$9,717
Apr 199804,32213.042.51$10,828
Mar 199804,34412.802.31$10,032
Feb 199804,25313.952.30$9,778
Jan 199804,85714.702.15$10,466
Dec 199704,81316.322.41$11,605
Nov 199704,69118.193.09$14,487
Oct 199705,44819.253.15$17,160
Sep 199705,39017.742.95$15,927
Aug 199705,15817.862.55$13,177
Jul 199704,50817.582.25$10,129
Jun 199705,28617.242.26$11,932
May 199705,88618.972.31$13,588
Apr 199705,70917.882.08$11,891
Mar 199706,46018.951.94$12,527
Feb 199704,94620.492.21$10,910
Jan 199706,05623.483.54$21,436
Dec 199607,01023.32$0
Nov 199606,71121.97$0
Oct 199607,40423.31$0
Sep 199607,54122.22$0
Aug 199608,29920.26$0
Jul 199608,60919.55$0
Jun 199608,40118.73$0
May 199608,51419.43$0
Apr 199609,18821.51$0
Mar 199609,04419.38$0
Feb 199608,56716.98$0
Jan 199609,71117.07$0
Dec 1995010,57417.19$0
Nov 1995010,46016.00$0
Oct 1995011,42315.43$0
Sep 1995011,42116.18$0
Aug 1995012,57815.92$0
Jul 1995014,22615.24$0
Jun 1995016,75716.41$0
May 1995021,81317.56$0
Apr 19950017.73$0
Mar 19950016.44$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             2 bbl  × $106.41 =       $213
Gas                  392 Mcf  × $  3.05 =     $1,194

────────────────────────────────────────────────────
Month total                                   $1,407

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/154340 is the state's own key, not one this site invented.