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 154345District 7CField 679952002 tax incentive programmesCondensateGasSaveExport
Value, all time
$2.5 M
Apr 1995 – May 2026
Value, last 12 filed months
$20 k
at the published price for each month
Months reported
374
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 Gas111995-08-03132418
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
CondensateDisposition70 bbl$5,192
GasProduction881,796 Mcf$2,448,191
Total$2,453,382

272,674 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 30.4087, -101.4043. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

30.40870, -101.40430 · 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
6,900 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 6,900 ft.

Completions filed
Apr 1995
1 of 1 wells

1 well

42-1053684827086,900 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 20265228106.413.05$1,227
Apr 20261350298.932.87$2,727
Mar 20265089.753.15$449
Feb 20261870163.503.75$3,772
Jan 2026226259.138.00$2,214
Dec 2025431956.664.41$1,635
Nov 2025331758.593.93$1,420
Oct 2025230959.383.30$1,140
Sep 2025131162.743.08$1,020
Aug 2025332063.933.01$1,157
Jul 2025337466.743.32$1,440
Jun 2025349566.483.13$1,748
May 2025649560.553.23$1,963
Apr 2025227862.363.54$1,110
Mar 20250067.704.27$0
Feb 20250070.884.34$0
Jan 20250074.324.28$0
Dec 2024036468.993.12$1,136
Nov 2024038069.052.20$835
Oct 2024039971.372.28$910
Sep 2024033069.612.36$780
Aug 2024037475.632.06$772
Jul 2024038279.932.15$820
Jun 2024036678.082.63$964
May 2024036378.812.20$798
Apr 2024040684.451.66$674
Mar 2024042780.301.55$660
Feb 2024040676.091.78$724
Jan 2024044373.023.30$1,461
Dec 2023040571.262.61$1,057
Nov 2023041577.892.81$1,165
Oct 2023038785.443.09$1,195
Sep 2023033389.042.74$911
Aug 2023029880.522.67$797
Jul 2023033374.852.64$880
Jun 2023032168.962.26$725
May 2023029470.622.23$655
Apr 2023026578.122.24$593
Mar 2023030072.852.39$718
Feb 2023044875.112.47$1,105
Jan 2023054976.533.39$1,860
Dec 2022054276.415.73$3,105
Nov 2022051885.005.65$2,925
Oct 2022055187.185.86$3,231
Sep 2022054284.888.16$4,425
Aug 2022054094.529.13$4,929
Jul 20220592101.587.54$4,465
Jun 20220554115.097.98$4,419
May 20220602109.378.43$5,077
Apr 20220586104.226.84$4,007
Mar 20220612108.885.08$3,107
Feb 2022052491.054.86$2,546
Jan 2022055781.844.54$2,527
Dec 2021060571.323.90$2,359
Nov 2021055977.435.24$2,927
Oct 2021059879.795.71$3,417
Sep 2021065369.865.35$3,494
Aug 2021059066.024.22$2,490
Jul 2021053470.783.98$2,126
Jun 2021061069.493.38$2,062
May 2021022163.483.02$667
Apr 2021044860.362.76$1,236
Mar 2021050361.302.72$1,367
Feb 2021045657.805.55$2,530
Jan 2021033050.412.81$927
Dec 2020054244.642.68$1,450
Nov 2020058338.772.71$1,578
Oct 2020062036.972.48$1,537
Sep 2020052937.091.99$1,053
Aug 2020058339.982.39$1,391
Jul 2020059138.371.83$1,079
Jun 2020059034.901.69$997
May 2020062216.921.81$1,129
Apr 2020069014.751.80$1,245
Mar 2020070330.341.86$1,305
Feb 2020067749.881.98$1,341
Jan 2020072857.252.09$1,525
Dec 2019074059.012.30$1,705
Nov 2019071555.302.75$1,967
Oct 2019068053.472.42$1,645
Sep 2019068255.052.66$1,812
Aug 2019072553.112.30$1,671
Jul 2019071256.272.46$1,752
Jun 2019065652.782.49$1,634
May 2019069558.482.74$1,905
Apr 2019066762.632.75$1,835
Mar 2019070856.803.06$2,168
Feb 2019065350.852.79$1,823
Jan 2019071846.033.23$2,318
Dec 2018076546.594.19$3,202
Nov 2018071452.934.24$3,025
Oct 2018078461.443.40$2,664
Sep 2018081759.543.11$2,539
Aug 2018068959.403.07$2,113
Jul 2018081365.142.93$2,384
Jun 2018072760.183.08$2,237
May 2018073565.382.90$2,132
Apr 2018073863.842.90$2,141
Mar 2018046861.222.79$1,304
Feb 2018047861.782.77$1,322
Jan 2018065462.874.01$2,622
Dec 2017068757.272.92$2,007
Nov 2017077055.423.12$2,401
Oct 2017085349.292.98$2,545
Sep 2017082347.523.09$2,541
Aug 2017086445.373.00$2,596
Jul 2017049243.873.09$1,519
Jun 2017079542.493.09$2,454
May 2017080945.373.26$2,640
Apr 2017081147.933.21$2,605
Mar 2017088846.772.98$2,650
Feb 2017063550.452.95$1,875
Jan 2017068949.413.42$2,356
Dec 2016070248.763.72$2,613
Nov 2016073042.492.64$1,930
Oct 2016062046.193.09$1,916
Sep 2016041341.553.10$1,281
Aug 2016026541.442.92$775
Jul 20160041.622.92$0
Jun 2016037545.352.69$1,007
May 2016070842.521.99$1,410
Apr 2016063936.561.99$1,272
Mar 2016057933.011.79$1,039
Feb 2016044026.472.06$908
Jan 2016055727.352.36$1,317
Dec 2015052432.362.00$1,049
Nov 2015055038.792.17$1,192
Oct 2015057943.552.43$1,405
Sep 2015076942.992.76$2,121
Aug 2015065340.162.87$1,876
Jul 2015055248.152.95$1,626
Jun 2015061156.152.88$1,761
May 2015075355.212.96$2,225
Apr 2015057549.822.71$1,556
Mar 2015079942.892.93$2,345
Feb 2015056544.662.98$1,682
Jan 2015072443.433.10$2,245
Dec 2014072254.693.59$2,593
Nov 2014080570.464.25$3,423
Oct 2014089678.303.90$3,495
Sep 2014086186.164.05$3,483
Aug 2014067289.394.04$2,712
Jul 2014054296.564.18$2,265
Jun 2014068698.164.74$3,250
May 2014084694.734.73$3,999
Apr 2014086695.944.81$4,165
Mar 2014079395.895.06$4,010
Feb 2014079397.406.19$4,910
Jan 2014087290.404.86$4,239
Dec 2013087391.824.35$3,801
Nov 2013085488.853.74$3,192
Oct 2013090797.423.78$3,428
Sep 20130899104.113.72$3,342
Aug 20130951104.253.52$3,350
Jul 20130970102.523.72$3,606
Jun 201301,02794.403.93$4,040
May 2013079894.834.15$3,311
Apr 201301,01593.964.28$4,347
Mar 2013071193.623.91$2,782
Feb 2013083691.233.42$2,859
Jan 201301,01191.603.42$3,458
Dec 2012097286.773.42$3,324
Nov 2012099586.953.62$3,607
Oct 201201,01689.383.40$3,454
Sep 2012099294.672.92$2,895
Aug 2012093992.662.91$2,731
Jul 2012092185.133.02$2,782
Jun 2012092079.822.52$2,318
May 2012096691.612.49$2,404
Apr 20120927101.652.00$1,851
Mar 20120961105.052.22$2,135
Feb 20120898101.102.57$2,308
Jan 2012098698.092.73$2,696
Dec 2011097396.873.24$3,152
Nov 2011097495.723.31$3,225
Oct 2011081584.983.65$2,974
Sep 2011097683.623.99$3,890
Aug 201101,03183.404.15$4,278
Jul 201101,04894.144.52$4,734
Jun 201101,05392.904.64$4,886
May 201101,10698.134.40$4,872
Apr 20110802105.964.33$3,475
Mar 201101,04796.364.06$4,248
Feb 2011091885.644.18$3,837
Jan 201101,02986.504.59$4,722
Dec 201001,01585.734.35$4,413
Nov 201001,00880.843.80$3,826
Oct 201001,12278.103.51$3,937
Sep 201001,10372.633.98$4,389
Aug 201001,20973.684.42$5,343
Jul 201001,16372.554.74$5,509
Jun 201001,00570.364.91$4,935
May 201001,26971.124.24$5,374
Apr 201001,06881.694.12$4,403
Mar 201001,45378.394.39$6,377
Feb 201001,74873.585.44$9,513
Jan 201001,51574.365.96$9,036
Dec 200901,17971.445.48$6,465
Nov 200901,08874.593.75$4,082
Oct 2009087172.544.11$3,580
Sep 200901,25865.543.06$3,855
Aug 2009094567.423.22$3,041
Jul 200901,33561.133.46$4,625
Jun 200901,09266.163.90$4,253
May 200901,24954.743.93$4,903
Apr 200901,26346.773.59$4,531
Mar 200901,34342.144.06$5,451
Feb 200901,21632.814.63$5,634
Jan 200901,41735.865.37$7,611
Dec 200801,17137.105.98$6,999
Nov 2008049355.496.86$3,382
Oct 200801,35575.246.92$9,379
Sep 20080346101.767.88$2,725
Aug 20080626114.228.48$5,310
Jul 200801,427131.0811.39$16,253
Jun 200801,346131.3313.03$17,542
May 200801,424123.1711.57$16,482
Apr 200801,643110.3110.45$17,177
Mar 200801,675101.909.66$16,187
Feb 200801,55192.538.77$13,603
Jan 200801,66790.388.21$13,679
Dec 200701,45688.337.30$10,632
Nov 200701,58891.677.29$11,579
Oct 200701,77082.856.92$12,252
Sep 200701,68675.846.24$10,528
Aug 200701,82869.066.39$11,677
Jul 200701,80570.906.39$11,530
Jun 200701,81262.007.55$13,678
May 200701,69658.747.85$13,307
Apr 200701,65259.617.81$12,894
Mar 200701,74556.927.30$12,742
Feb 200701,33755.108.22$10,985
Jan 200701,21850.306.73$8,193
Dec 200601,62356.656.92$11,229
Nov 200601,67854.207.62$12,782
Oct 200601,82154.906.01$10,951
Sep 200602,02060.085.04$10,175
Aug 200601,90868.717.34$14,005
Jul 200601,92169.376.34$12,184
Jun 200601,86166.286.38$11,880
May 200601,78366.016.42$11,456
Apr 200601,76064.397.36$12,954
Mar 200601,85556.707.08$13,139
Feb 200601,70957.597.75$13,247
Jan 200601,82360.598.93$16,285
Dec 200501,86954.9413.42$25,073
Nov 200501,60654.6910.59$17,005
Oct 200502,19858.3413.80$30,323
Sep 200502,04661.4512.08$24,714
Aug 200502,07861.519.80$20,358
Jul 200501,99055.697.84$15,609
Jun 200502,21552.337.38$16,349
May 200502,15645.226.65$14,340
Apr 200502,57449.207.36$18,946
Mar 200502,96150.377.15$21,186
Feb 200502,19345.226.31$13,842
Jan 20050043.166.32$0
Dec 2004098139.866.75$6,623
Nov 200401,12645.286.33$7,128
Oct 200401,67849.706.52$10,932
Sep 200402,06343.245.28$10,901
Aug 200402,20642.375.55$12,245
Jul 200402,25038.286.08$13,689
Jun 200402,15936.106.43$13,889
May 200402,23337.486.49$14,502
Apr 200402,29534.475.86$13,445
Mar 200402,50534.365.53$13,853
Feb 200402,16832.455.51$11,945
Jan 200402,43332.036.30$15,327
Dec 200302,62430.266.30$16,536
Nov 200302,46328.804.60$11,318
Oct 200302,82328.174.76$13,436
Sep 200303,23926.314.75$15,383
Aug 200303829.765.13$195
Jul 200302,34829.415.17$12,141
Jun 200302,48728.565.98$14,880
May 200302,59026.595.97$15,469
Apr 200302,56426.675.41$13,864
Mar 200302,69631.146.10$16,435
Feb 200302,38833.487.93$18,927
Jan 200302,74830.315.58$15,339
Dec 200202,72126.914.85$13,207
Nov 200202,67624.664.14$11,071
Oct 200202,58126.464.23$10,915
Sep 200202,69427.443.64$9,793
Aug 200202,74625.963.16$8,689
Jul 200202,84824.583.06$8,720
Jun 200202,81023.733.34$9,380
May 200202,76624.663.58$9,913
Apr 200202,79623.653.51$9,820
Mar 200202,92822.003.10$9,085
Feb 200202,53118.222.38$6,013
Jan 200202,92417.172.38$6,946
Dec 200102,93216.932.36$6,932
Nov 200102,86318.072.41$6,887
Oct 200102,82919.782.53$7,154
Sep 200102,85224.262.25$6,421
Aug 200102,87524.873.05$8,778
Jul 200102,98123.933.20$9,531
Jun 200102,56924.563.82$9,824
May 200103,14225.524.31$13,534
Apr 200103,08124.685.34$16,438
Mar 200103,22724.545.38$17,350
Feb 200102,84327.755.77$16,396
Jan 200103,30827.478.40$27,783
Dec 200003,19926.889.12$29,183
Nov 200002,99632.215.66$16,951
Oct 200003,33331.235.15$17,150
Sep 200003,47431.875.19$18,018
Aug 200003,78729.644.54$17,196
Jul 200004,15328.534.09$16,985
Jun 200003,20729.304.40$14,102
May 200003,24027.263.68$11,922
Apr 200003,76324.513.12$11,726
Mar 200003,66628.422.86$10,484
Feb 200003,50027.622.73$9,543
Jan 200003,81425.272.48$9,461
Dec 199903,93724.282.42$9,542
Nov 199903,81023.192.43$9,274
Oct 199904,27320.982.80$11,980
Sep 199904,17821.752.62$10,942
Aug 199904,42519.262.88$12,725
Jul 199904,59517.892.37$10,901
Jun 199904,56415.942.36$10,781
May 199904,80415.792.32$11,150
Apr 199904,46115.102.21$9,850
Mar 199905,05412.471.84$9,291
Feb 199904,7649.981.82$8,660
Jan 199905,39710.381.90$10,254
Dec 199805,4039.201.77$9,581
Nov 199805,29910.892.19$11,582
Oct 199805,47412.421.97$10,779
Sep 199805,69212.592.08$11,854
Aug 199806,13311.301.91$11,698
Jul 199805,26711.742.24$11,784
Jun 199805,46511.242.24$12,227
May 199805,96312.622.21$13,156
Apr 199806,23113.042.51$15,611
Mar 199806,25112.802.31$14,436
Feb 199806,30313.952.30$14,491
Jan 199807,13214.702.15$15,368
Dec 199707,47316.322.41$18,018
Nov 199707,25518.193.09$22,405
Oct 199707,48619.253.15$23,580
Sep 199707,72017.742.95$22,812
Aug 199708,08617.862.55$20,658
Jul 199708,49817.582.25$19,095
Jun 199707,35117.242.26$16,593
May 199707,38218.972.31$17,041
Apr 199708,42217.882.08$17,541
Mar 199708,71618.951.94$16,902
Feb 199707,58820.492.21$16,738
Jan 199708,42523.483.54$29,822
Dec 1996010,29923.32$0
Nov 1996010,34221.97$0
Oct 1996011,32923.31$0
Sep 1996011,91022.22$0
Aug 1996013,31420.26$0
Jul 1996011,62019.55$0
Jun 1996014,20618.73$0
May 1996017,20019.43$0
Apr 1996019,53621.51$0
Mar 1996011,60319.38$0
Feb 199605,02816.98$0
Jan 199604,83017.07$0
Dec 199503,09517.19$0
Nov 199505,67116.00$0
Oct 1995015,31215.43$0
Sep 1995019,18516.18$0
Aug 1995021,46015.92$0
Jul 1995021,32415.24$0
Jun 1995023,42016.41$0
May 1995021,99017.56$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             5 bbl  × $106.41 =       $532
Gas                  228 Mcf  × $  3.05 =       $694

────────────────────────────────────────────────────
Month total                                   $1,227

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/154345 is the state's own key, not one this site invented.