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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 154342District 7CField 679952002 tax incentive programmesCondensateGasSaveExport
Value, all time
$506 k
Apr 1995 – May 2026
Value, last 12 filed months
$4 k
at the published price for each month
Months reported
374
no gaps in the span
Streams
2
condensate, gas

The OZONA (CANYON SAND) field

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 Gas111995-08-23132591
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
CondensateDisposition14 bbl$1,021
GasProduction198,832 Mcf$505,067
Total$506,088

68,280 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 30.4127, -101.4057. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

30.41266, -101.40569 · 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
Apr 1995
1 of 1 wells

1 well

42-1053685127076,800 ftApr 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 (374)

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

374 months

May 2026189106.413.05$377
Apr 2026211498.932.87$525
Mar 20261089.753.15$90
Feb 202627563.503.75$408
Jan 202618659.138.00$747
Dec 2025110156.664.41$502
Nov 202515758.593.93$282
Oct 202506359.383.30$208
Sep 202506562.743.08$200
Aug 202515863.933.01$239
Jul 202505966.743.32$196
Jun 202505966.483.13$185
May 202515960.553.23$251
Apr 202515662.363.54$261
Mar 202516167.704.27$328
Feb 202515570.884.34$310
Jan 20250074.324.28$0
Dec 202405568.993.12$172
Nov 202405769.052.20$125
Oct 202405671.372.28$128
Sep 202406169.612.36$144
Aug 202405775.632.06$118
Jul 202405779.932.15$122
Jun 202405178.082.63$134
May 202404178.812.20$90
Apr 202405484.451.66$90
Mar 202401480.301.55$22
Feb 20240076.091.78$0
Jan 20240073.023.30$0
Dec 20230171.262.61$3
Nov 202301777.892.81$48
Oct 202301285.443.09$37
Sep 20230289.042.74$5
Aug 20230980.522.67$24
Jul 202301874.852.64$48
Jun 202305568.962.26$124
May 202307470.622.23$165
Apr 202305178.122.24$114
Mar 202306272.852.39$148
Feb 202305775.112.47$141
Jan 202307676.533.39$257
Dec 202206176.415.73$349
Nov 202205885.005.65$327
Oct 202206487.185.86$375
Sep 202206184.888.16$498
Aug 202205894.529.13$529
Jul 2022061101.587.54$460
Jun 2022061115.097.98$487
May 2022066109.378.43$557
Apr 2022046104.226.84$315
Mar 2022071108.885.08$360
Feb 202204191.054.86$199
Jan 202204581.844.54$204
Dec 202105871.323.90$226
Nov 202105077.435.24$262
Oct 202104779.795.71$269
Sep 202106369.865.35$337
Aug 202106866.024.22$287
Jul 202105370.783.98$211
Jun 2021013769.493.38$463
May 20210463.483.02$12
Apr 202109560.362.76$262
Mar 2021014261.302.72$386
Feb 2021010457.805.55$577
Jan 202108250.412.81$230
Dec 2020013344.642.68$356
Nov 2020014438.772.71$390
Oct 2020015336.972.48$379
Sep 2020013037.091.99$259
Aug 2020014339.982.39$341
Jul 2020014538.371.83$265
Jun 2020014534.901.69$245
May 2020015216.921.81$276
Apr 2020016914.751.80$305
Mar 2020017230.341.86$319
Feb 2020016649.881.98$329
Jan 2020017757.252.09$371
Dec 2019019359.012.30$445
Nov 2019020255.302.75$556
Oct 2019019253.472.42$464
Sep 2019020655.052.66$547
Aug 2019022153.112.30$509
Jul 2019013356.272.46$327
Jun 2019012152.782.49$301
May 2019013258.482.74$362
Apr 2019013462.632.75$369
Mar 2019019456.803.06$594
Feb 2019014250.852.79$397
Jan 2019015946.033.23$513
Dec 2018023046.594.19$963
Nov 2018020952.934.24$886
Oct 2018019361.443.40$656
Sep 2018017759.543.11$550
Aug 201807959.403.07$242
Jul 2018010265.142.93$299
Jun 201809860.183.08$302
May 2018010465.382.90$302
Apr 2018010463.842.90$302
Mar 2018011361.222.79$315
Feb 201809761.782.77$268
Jan 2018010862.874.01$433
Dec 2017011057.272.92$321
Nov 201708955.423.12$278
Oct 201709949.292.98$295
Sep 201709047.523.09$278
Aug 201709745.373.00$291
Jul 201708043.873.09$247
Jun 2017011142.493.09$343
May 2017010845.373.26$352
Apr 201709847.933.21$315
Mar 2017011946.772.98$355
Feb 201709150.452.95$269
Jan 201709549.413.42$325
Dec 201609548.763.72$354
Nov 201609342.492.64$246
Oct 201609946.193.09$306
Sep 201609641.553.10$298
Aug 2016010641.442.92$310
Jul 2016014441.622.92$421
Jun 201603745.352.69$99
May 201609842.521.99$195
Apr 2016010436.561.99$207
Mar 2016010033.011.79$179
Feb 201609526.472.06$196
Jan 2016010327.352.36$244
Dec 2015010232.362.00$204
Nov 2015010038.792.17$217
Oct 2015010543.552.43$255
Sep 201508042.992.76$221
Aug 201509540.162.87$273
Jul 2015010548.152.95$309
Jun 201509456.152.88$271
May 201508755.212.96$257
Apr 2015010349.822.71$279
Mar 201509342.892.93$273
Feb 201508444.662.98$250
Jan 201509643.433.10$298
Dec 2014011754.693.59$420
Nov 201409970.464.25$421
Oct 2014011278.303.90$437
Sep 2014010386.164.05$417
Aug 2014011789.394.04$472
Jul 2014011696.564.18$485
Jun 2014011298.164.74$531
May 2014011794.734.73$553
Apr 2014012895.944.81$616
Mar 2014013395.895.06$673
Feb 2014010697.406.19$656
Jan 2014011990.404.86$578
Dec 2013011891.824.35$514
Nov 2013011288.853.74$419
Oct 2013011497.423.78$431
Sep 20130109104.113.72$405
Aug 20130115104.253.52$405
Jul 20130117102.523.72$435
Jun 2013014394.403.93$562
May 2013012394.834.15$510
Apr 2013015393.964.28$655
Mar 2013011493.623.91$446
Feb 2013012391.233.42$421
Jan 2013013491.603.42$458
Dec 2012012986.773.42$441
Nov 2012012586.953.62$453
Oct 2012012989.383.40$439
Sep 2012011694.672.92$339
Aug 2012021392.662.91$619
Jul 2012011585.133.02$347
Jun 2012013079.822.52$327
May 2012013491.612.49$333
Apr 20120127101.652.00$254
Mar 20120124105.052.22$276
Feb 20120120101.102.57$308
Jan 2012013298.092.73$361
Dec 2011021596.873.24$697
Nov 201108395.723.31$275
Oct 2011015684.983.65$569
Sep 2011015683.623.99$622
Aug 2011014283.404.15$589
Jul 2011015794.144.52$709
Jun 2011015292.904.64$705
May 2011016498.134.40$722
Apr 20110173105.964.33$750
Mar 2011017896.364.06$722
Feb 2011023585.644.18$982
Jan 2011026686.504.59$1,221
Dec 2010029985.734.35$1,300
Nov 2010024080.843.80$911
Oct 2010015578.103.51$544
Sep 2010018472.633.98$732
Aug 2010020673.684.42$910
Jul 2010021472.554.74$1,014
Jun 2010017470.364.91$854
May 2010017271.124.24$728
Apr 2010013881.694.12$569
Mar 2010012578.394.39$549
Feb 2010012173.585.44$659
Jan 2010018674.365.96$1,109
Dec 2009016371.445.48$894
Nov 2009019374.593.75$724
Oct 2009025172.544.11$1,032
Sep 2009022365.543.06$683
Aug 2009028867.423.22$927
Jul 2009039461.133.46$1,365
Jun 2009038166.163.90$1,484
May 2009040454.743.93$1,586
Apr 2009029346.773.59$1,051
Mar 2009021142.144.06$856
Feb 2009018932.814.63$876
Jan 2009020935.865.37$1,123
Dec 2008020637.105.98$1,231
Nov 2008017955.496.86$1,228
Oct 2008032075.246.92$2,215
Sep 2008075101.767.88$591
Aug 20080227114.228.48$1,926
Jul 20080227131.0811.39$2,585
Jun 20080234131.3313.03$3,050
May 20080237123.1711.57$2,743
Apr 20080321110.3110.45$3,356
Mar 20080338101.909.66$3,266
Feb 2008034992.538.77$3,061
Jan 2008037690.388.21$3,085
Dec 2007038288.337.30$2,789
Nov 2007031391.677.29$2,282
Oct 2007046182.856.92$3,191
Sep 2007025375.846.24$1,580
Aug 2007024669.066.39$1,571
Jul 2007020970.906.39$1,335
Jun 2007024362.007.55$1,834
May 2007025958.747.85$2,032
Apr 2007021859.617.81$1,702
Mar 2007028056.927.30$2,045
Feb 2007028155.108.22$2,309
Jan 2007033750.306.73$2,267
Dec 2006027756.656.92$1,916
Nov 2006031354.207.62$2,384
Oct 2006034754.906.01$2,087
Sep 2006032360.085.04$1,627
Aug 2006041068.717.34$3,009
Jul 2006041869.376.34$2,651
Jun 2006037466.286.38$2,388
May 2006033966.016.42$2,178
Apr 2006034464.397.36$2,532
Mar 2006034856.707.08$2,465
Feb 2006029457.597.75$2,279
Jan 2006033660.598.93$3,002
Dec 2005033354.9413.42$4,467
Nov 2005028854.6910.59$3,049
Oct 2005031058.3413.80$4,277
Sep 2005034361.4512.08$4,143
Aug 2005041061.519.80$4,017
Jul 2005034355.697.84$2,690
Jun 2005039052.337.38$2,879
May 2005039645.226.65$2,634
Apr 2005039149.207.36$2,878
Mar 2005037650.377.15$2,690
Feb 2005037145.226.31$2,342
Jan 2005037743.166.32$2,383
Dec 2004036739.866.75$2,478
Nov 2004035045.286.33$2,216
Oct 2004037049.706.52$2,411
Sep 2004033743.245.28$1,781
Aug 2004040042.375.55$2,220
Jul 2004039838.286.08$2,422
Jun 2004040336.106.43$2,593
May 2004041337.486.49$2,682
Apr 2004042434.475.86$2,484
Mar 2004053334.365.53$2,948
Feb 2004046132.455.51$2,540
Jan 2004044132.036.30$2,778
Dec 2003045830.266.30$2,886
Nov 2003050228.804.60$2,307
Oct 2003052128.174.76$2,480
Sep 2003052126.314.75$2,474
Aug 2003054629.765.13$2,801
Jul 2003059229.415.17$3,061
Jun 2003055628.565.98$3,327
May 2003062326.595.97$3,721
Apr 2003057826.675.41$3,125
Mar 2003066331.146.10$4,042
Feb 2003054333.487.93$4,304
Jan 2003062130.315.58$3,466
Dec 2002068026.914.85$3,301
Nov 2002077424.664.14$3,202
Oct 2002069126.464.23$2,922
Sep 2002057527.443.64$2,090
Aug 2002061625.963.16$1,949
Jul 2002066224.583.06$2,027
Jun 2002063623.733.34$2,123
May 2002061924.663.58$2,219
Apr 2002061423.653.51$2,157
Mar 2002060522.003.10$1,877
Feb 2002055818.222.38$1,326
Jan 2002064017.172.38$1,520
Dec 2001067716.932.36$1,601
Nov 2001076618.072.41$1,843
Oct 2001072719.782.53$1,839
Sep 2001077824.262.25$1,752
Aug 2001074524.873.05$2,275
Jul 2001077423.933.20$2,475
Jun 2001075724.563.82$2,895
May 2001078725.524.31$3,390
Apr 2001072524.685.34$3,868
Mar 2001077824.545.38$4,183
Feb 2001063627.755.77$3,668
Jan 2001073027.478.40$6,131
Dec 2000072526.889.12$6,614
Nov 2000071232.215.66$4,029
Oct 2000073431.235.15$3,777
Sep 2000072531.875.19$3,760
Aug 2000083129.644.54$3,773
Jul 2000082928.534.09$3,390
Jun 2000088929.304.40$3,909
May 2000090427.263.68$3,326
Apr 2000098424.513.12$3,066
Mar 2000085728.422.86$2,451
Feb 2000092827.622.73$2,530
Jan 2000092625.272.48$2,297
Dec 1999098024.282.42$2,375
Nov 199901,11223.192.43$2,707
Oct 1999098820.982.80$2,770
Sep 199901,01921.752.62$2,669
Aug 199901,05219.262.88$3,025
Jul 199901,04117.892.37$2,470
Jun 1999097415.942.36$2,301
May 199901,04415.792.32$2,423
Apr 1999096215.102.21$2,124
Mar 199901,14812.471.84$2,110
Feb 199901,1319.981.82$2,056
Jan 199901,19610.381.90$2,272
Dec 199801,2759.201.77$2,261
Nov 199801,25010.892.19$2,732
Oct 199801,34012.421.97$2,639
Sep 199801,32712.592.08$2,764
Aug 199801,39711.301.91$2,665
Jul 199801,37511.742.24$3,076
Jun 199801,51411.242.24$3,387
May 199801,63012.622.21$3,596
Apr 199801,62413.042.51$4,069
Mar 199801,67112.802.31$3,859
Feb 199801,47313.952.30$3,387
Jan 199801,72014.702.15$3,706
Dec 199701,75216.322.41$4,224
Nov 199701,72518.193.09$5,327
Oct 199701,74719.253.15$5,503
Sep 199701,85817.742.95$5,490
Aug 199701,72517.862.55$4,407
Jul 199701,81617.582.25$4,080
Jun 199701,80117.242.26$4,065
May 199701,95318.972.31$4,509
Apr 199701,93117.882.08$4,022
Mar 199702,23318.951.94$4,330
Feb 199701,86920.492.21$4,123
Jan 199702,16123.483.54$7,649
Dec 199602,29523.32—$0
Nov 199602,23721.97—$0
Oct 199602,47423.31—$0
Sep 199602,44722.22—$0
Aug 199602,57520.26—$0
Jul 199602,45619.55—$0
Jun 199602,68318.73—$0
May 199602,84119.43—$0
Apr 199603,00821.51—$0
Mar 199602,93519.38—$0
Feb 199602,97316.98—$0
Jan 199603,32817.07—$0
Dec 199503,35117.19—$0
Nov 199503,38416.00—$0
Oct 199503,78915.43—$0
Sep 199503,92116.18—$0
Aug 199504,02015.92—$0
Jul 199504,82715.24—$0
Jun 199505,65516.41—$0
May 199507,08117.56—$0
Apr 19950017.73—$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                   89 Mcf  × $  3.05 =       $271

────────────────────────────────────────────────────
Month total                                     $377

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/154342 is the state's own key, not one this site invented.