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 154347District 7CField 679952002 tax incentive programmesCondensateGasSaveExport
Value, all time
$882 k
Mar 1995 – May 2026
Value, last 12 filed months
$13 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 Gas111995-08-21132561
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
CondensateDisposition44 bbl$3,011
GasProduction291,674 Mcf$878,866
Total$881,876

81,866 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 30.4126, -101.3985. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

30.41262, -101.39851 · 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
Mar 1995
1 of 1 wells

1 well

42-105367312705D6,800 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 20261155106.413.05$579
Apr 2026438598.932.87$1,501
Mar 20261089.753.15$90
Feb 2026924863.503.75$1,502
Jan 2026333059.138.00$2,817
Dec 2025220656.664.41$1,022
Nov 2025220958.593.93$938
Oct 2025120559.383.30$737
Sep 2025125862.743.08$857
Aug 2025227063.933.01$942
Jul 2025226966.743.32$1,025
Jun 2025226966.483.13$975
May 2025326960.553.23$1,051
Apr 2025326562.363.54$1,126
Mar 2025427267.704.27$1,432
Feb 2025424970.884.34$1,364
Jan 20250074.324.28$0
Dec 2024026968.993.12$840
Nov 2024026269.052.20$576
Oct 2024027371.372.28$623
Sep 2024023169.612.36$546
Aug 2024016075.632.06$330
Jul 2024027679.932.15$592
Jun 2024026878.082.63$706
May 2024027278.812.20$598
Apr 2024027084.451.66$448
Mar 2024028280.301.55$436
Feb 2024026376.091.78$469
Jan 2024027573.023.30$907
Dec 2023027371.262.61$713
Nov 2023027877.892.81$781
Oct 2023028285.443.09$871
Sep 2023027889.042.74$760
Aug 2023028880.522.67$770
Jul 2023029274.852.64$771
Jun 2023028368.962.26$639
May 2023030670.622.23$682
Apr 2023025078.122.24$559
Mar 2023029372.852.39$701
Feb 2023026075.112.47$641
Jan 2023029776.533.39$1,006
Dec 2022028776.415.73$1,644
Nov 2022029185.005.65$1,643
Oct 2022029387.185.86$1,718
Sep 2022028384.888.16$2,310
Aug 2022029394.529.13$2,674
Jul 20220289101.587.54$2,180
Jun 20220288115.097.98$2,297
May 20220299109.378.43$2,521
Apr 20220288104.226.84$1,969
Mar 20220309108.885.08$1,569
Feb 2022029191.054.86$1,414
Jan 2022030581.844.54$1,384
Dec 2021028971.323.90$1,127
Nov 2021020177.435.24$1,053
Oct 2021029279.795.71$1,668
Sep 2021030069.865.35$1,605
Aug 2021031666.024.22$1,334
Jul 2021032170.783.98$1,278
Jun 2021031269.493.38$1,055
May 2021019263.483.02$579
Apr 2021031660.362.76$872
Mar 2021038061.302.72$1,032
Feb 2021035657.805.55$1,975
Jan 2021017250.412.81$483
Dec 2020025144.642.68$672
Nov 2020027138.772.71$733
Oct 2020028836.972.48$714
Sep 2020024537.091.99$488
Aug 2020027139.982.39$646
Jul 2020027438.371.83$500
Jun 2020027434.901.69$463
May 2020029016.921.81$526
Apr 2020032114.751.80$579
Mar 2020032430.341.86$601
Feb 2020031749.881.98$628
Jan 2020033157.252.09$693
Dec 2019033659.012.30$774
Nov 2019032555.302.75$894
Oct 2019033353.472.42$805
Sep 2019032755.052.66$869
Aug 2019034253.112.30$788
Jul 2019034456.272.46$846
Jun 2019034952.782.49$869
May 2019035258.482.74$965
Apr 2019034562.632.75$949
Mar 2019036056.803.06$1,102
Feb 2019033550.852.79$935
Jan 2019038746.033.23$1,249
Dec 2018040046.594.19$1,674
Nov 2018038652.934.24$1,636
Oct 2018044261.443.40$1,502
Sep 2018054359.543.11$1,688
Aug 2018027459.403.07$840
Jul 2018023265.142.93$680
Jun 2018019560.183.08$600
May 2018023065.382.90$667
Apr 2018025263.842.90$731
Mar 2018026661.222.79$741
Feb 2018027861.782.77$769
Jan 2018031062.874.01$1,243
Dec 2017033457.272.92$976
Nov 2017034655.423.12$1,079
Oct 2017035949.292.98$1,071
Sep 2017037647.523.09$1,161
Aug 2017033545.373.00$1,006
Jul 2017034943.873.09$1,077
Jun 2017034042.493.09$1,050
May 2017035545.373.26$1,159
Apr 2017034347.933.21$1,102
Mar 2017036146.772.98$1,077
Feb 2017033250.452.95$980
Jan 2017037549.413.42$1,282
Dec 2016037948.763.72$1,411
Nov 2016036842.492.64$973
Oct 2016040646.193.09$1,255
Sep 2016033441.553.10$1,036
Aug 2016033541.442.92$980
Jul 2016033441.622.92$977
Jun 2016033045.352.69$886
May 2016035242.521.99$701
Apr 2016034836.561.99$693
Mar 2016036333.011.79$651
Feb 2016033626.472.06$693
Jan 2016035127.352.36$830
Dec 2015035232.362.00$705
Nov 2015039438.792.17$854
Oct 2015044543.552.43$1,080
Sep 2015059242.992.76$1,633
Aug 2015050840.162.87$1,459
Jul 2015028848.152.95$848
Jun 2015028456.152.88$819
May 2015028455.212.96$839
Apr 2015029049.822.71$785
Mar 2015032242.892.93$945
Feb 2015030044.662.98$893
Jan 2015034343.433.10$1,064
Dec 2014037154.693.59$1,332
Nov 2014034670.464.25$1,471
Oct 2014040378.303.90$1,572
Sep 2014023186.164.05$935
Aug 2014031889.394.04$1,283
Jul 2014046096.564.18$1,923
Jun 2014044498.164.74$2,103
May 2014047394.734.73$2,236
Apr 2014046895.944.81$2,251
Mar 2014044295.895.06$2,235
Feb 2014043197.406.19$2,669
Jan 2014049390.404.86$2,396
Dec 2013050191.824.35$2,182
Nov 2013046488.853.74$1,735
Oct 2013049697.423.78$1,875
Sep 20130476104.113.72$1,770
Aug 20130467104.253.52$1,645
Jul 20130476102.523.72$1,770
Jun 2013051094.403.93$2,006
May 2013041894.834.15$1,734
Apr 2013051893.964.28$2,218
Mar 2013039393.623.91$1,538
Feb 2013045591.233.42$1,556
Jan 2013051491.603.42$1,758
Dec 2012051586.773.42$1,761
Nov 2012053086.953.62$1,921
Oct 2012042089.383.40$1,428
Sep 2012044694.672.92$1,302
Aug 2012052292.662.91$1,518
Jul 2012050285.133.02$1,516
Jun 2012050879.822.52$1,280
May 2012050491.612.49$1,254
Apr 20120504101.652.00$1,006
Mar 20120517105.052.22$1,149
Feb 20120503101.102.57$1,293
Jan 2012052198.092.73$1,424
Dec 2011052296.873.24$1,691
Nov 2011052595.723.31$1,738
Oct 2011053584.983.65$1,952
Sep 2011053783.623.99$2,140
Aug 2011052983.404.15$2,195
Jul 2011051194.144.52$2,308
Jun 2011051392.904.64$2,380
May 2011054598.134.40$2,401
Apr 20110522105.964.33$2,262
Mar 2011053696.364.06$2,175
Feb 2011050485.644.18$2,107
Jan 2011057186.504.59$2,620
Dec 2010047185.734.35$2,048
Nov 2010049780.843.80$1,886
Oct 2010060678.103.51$2,126
Sep 2010055172.633.98$2,193
Aug 2010054373.684.42$2,400
Jul 2010055672.554.74$2,633
Jun 2010049870.364.91$2,445
May 2010055971.124.24$2,367
Apr 2010050781.694.12$2,090
Mar 2010057078.394.39$2,502
Feb 2010077773.585.44$4,229
Jan 2010082674.365.96$4,926
Dec 2009065271.445.48$3,575
Nov 2009059974.593.75$2,247
Oct 2009061672.544.11$2,532
Sep 2009061165.543.06$1,873
Aug 2009060667.423.22$1,950
Jul 2009058061.133.46$2,009
Jun 2009056566.163.90$2,201
May 2009063754.743.93$2,501
Apr 2009069346.773.59$2,486
Mar 2009066942.144.06$2,715
Feb 2009046732.814.63$2,164
Jan 2009081335.865.37$4,367
Dec 2008076537.105.98$4,573
Nov 2008060655.496.86$4,157
Oct 2008073575.246.92$5,088
Sep 20080315101.767.88$2,481
Aug 200801,337114.228.48$11,342
Jul 20080317131.0811.39$3,610
Jun 20080379131.3313.03$4,939
May 20080674123.1711.57$7,801
Apr 20080632110.3110.45$6,607
Mar 20080646101.909.66$6,243
Feb 2008059692.538.77$5,227
Jan 2008060590.388.21$4,964
Dec 2007062988.337.30$4,593
Nov 2007058691.677.29$4,273
Oct 2007062282.856.92$4,305
Sep 2007060575.846.24$3,778
Aug 2007060969.066.39$3,890
Jul 2007061670.906.39$3,935
Jun 2007056962.007.55$4,295
May 2007054758.747.85$4,292
Apr 2007053259.617.81$4,152
Mar 2007056856.927.30$4,148
Feb 2007052155.108.22$4,281
Jan 2007060550.306.73$4,070
Dec 2006064956.656.92$4,490
Nov 2006058854.207.62$4,479
Oct 2006059754.906.01$3,590
Sep 2006060560.085.04$3,048
Aug 2006060268.717.34$4,419
Jul 2006061069.376.34$3,869
Jun 2006067066.286.38$4,277
May 2006070366.016.42$4,517
Apr 2006066464.397.36$4,887
Mar 2006066756.707.08$4,724
Feb 2006063657.597.75$4,930
Jan 2006075860.598.93$6,771
Dec 2005068254.9413.42$9,149
Nov 2005057354.6910.59$6,067
Oct 2005068858.3413.80$9,491
Sep 2005065061.4512.08$7,851
Aug 2005072761.519.80$7,122
Jul 2005071755.697.84$5,624
Jun 2005073452.337.38$5,418
May 2005073645.226.65$4,895
Apr 2005067049.207.36$4,932
Mar 2005069650.377.15$4,980
Feb 2005065545.226.31$4,134
Jan 2005069743.166.32$4,407
Dec 2004069639.866.75$4,699
Nov 2004073345.286.33$4,640
Oct 2004073949.706.52$4,815
Sep 2004068243.245.28$3,604
Aug 2004076642.375.55$4,252
Jul 2004075438.286.08$4,587
Jun 2004069436.106.43$4,465
May 2004071237.486.49$4,624
Apr 2004071734.475.86$4,201
Mar 2004075234.365.53$4,159
Feb 2004068432.455.51$3,769
Jan 2004077932.036.30$4,907
Dec 2003076230.266.30$4,802
Nov 2003080428.804.60$3,695
Oct 2003084328.174.76$4,012
Sep 2003083226.314.75$3,951
Aug 2003088929.765.13$4,560
Jul 2003086829.415.17$4,488
Jun 2003073328.565.98$4,386
May 2003085626.595.97$5,113
Apr 2003085026.675.41$4,596
Mar 2003090331.146.10$5,505
Feb 2003085233.487.93$6,753
Jan 2003090730.315.58$5,063
Dec 2002089226.914.85$4,330
Nov 2002081324.664.14$3,363
Oct 2002084326.464.23$3,565
Sep 2002081127.443.64$2,948
Aug 2002080025.963.16$2,531
Jul 2002086924.583.06$2,661
Jun 2002087623.733.34$2,924
May 2002088424.663.58$3,168
Apr 2002087923.653.51$3,087
Mar 2002087322.003.10$2,709
Feb 2002074818.222.38$1,777
Jan 2002083117.172.38$1,974
Dec 2001087416.932.36$2,066
Nov 2001098318.072.41$2,365
Oct 2001087719.782.53$2,218
Sep 2001081324.262.25$1,830
Aug 2001086624.873.05$2,644
Jul 2001086723.933.20$2,772
Jun 2001080724.563.82$3,086
May 2001087925.524.31$3,786
Apr 2001072324.685.34$3,857
Mar 2001087724.545.38$4,715
Feb 2001079127.755.77$4,562
Jan 2001096727.478.40$8,122
Dec 2000091726.889.12$8,365
Nov 2000053532.215.66$3,027
Oct 2000058831.235.15$3,026
Sep 2000063631.875.19$3,299
Aug 2000065129.644.54$2,956
Jul 2000069728.534.09$2,851
Jun 2000070329.304.40$3,091
May 2000079127.263.68$2,911
Apr 2000091724.513.12$2,857
Mar 2000095828.422.86$2,740
Feb 2000095827.622.73$2,612
Jan 200001,08125.272.48$2,681
Dec 199901,08424.282.42$2,627
Nov 199901,12523.192.43$2,738
Oct 199901,22920.982.80$3,446
Sep 1999097521.752.62$2,553
Aug 199901,07419.262.88$3,088
Jul 199901,13917.892.37$2,702
Jun 199901,22815.942.36$2,901
May 199901,18915.792.32$2,760
Apr 199901,12515.102.21$2,484
Mar 199901,25412.471.84$2,305
Feb 199901,2459.981.82$2,263
Jan 199901,46510.381.90$2,783
Dec 199801,3599.201.77$2,410
Nov 199801,42110.892.19$3,106
Oct 199801,53012.421.97$3,013
Sep 199801,48312.592.08$3,089
Aug 199801,26711.301.91$2,417
Jul 199801,42511.742.24$3,188
Jun 199801,31411.242.24$2,940
May 199801,57412.622.21$3,473
Apr 199801,62013.042.51$4,059
Mar 199801,40812.802.31$3,252
Feb 199801,52213.952.30$3,499
Jan 199801,75914.702.15$3,790
Dec 199701,77916.322.41$4,289
Nov 199702,09818.193.09$6,479
Oct 199701,50219.253.15$4,731
Sep 199701,40617.742.95$4,155
Aug 199701,41317.862.55$3,610
Jul 199701,27417.582.25$2,863
Jun 199701,51617.242.26$3,422
May 199701,69418.972.31$3,911
Apr 199701,66717.882.08$3,472
Mar 199701,84218.951.94$3,572
Feb 199701,79320.492.21$3,955
Jan 199701,81323.483.54$6,417
Dec 199602,01423.32$0
Nov 199602,08921.97$0
Oct 199602,24923.31$0
Sep 199602,19522.22$0
Aug 199601,44020.26$0
Jul 199601,35319.55$0
Jun 199602,53618.73$0
May 199603,21819.43$0
Apr 199603,67521.51$0
Mar 199603,74219.38$0
Feb 199603,43816.98$0
Jan 199602,79117.07$0
Dec 199502,73317.19$0
Nov 199502,78916.00$0
Oct 199506,54715.43$0
Sep 199506,68916.18$0
Aug 199506,02415.92$0
Jul 199509,13015.24$0
Jun 199509,26416.41$0
May 199507,95017.56$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             1 bbl  × $106.41 =       $106
Gas                  155 Mcf  × $  3.05 =       $472

────────────────────────────────────────────────────
Month total                                     $579

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/154347 is the state's own key, not one this site invented.