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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 154964District 7CField 679952002 tax incentive programmesCondensateGasSaveExport
Value, all time
$554 k
May 1995 – May 2026
Value, last 12 filed months
$5 k
at the published price for each month
Months reported
373
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 Gas111995-08-23132583
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
CondensateDisposition19 bbl$1,317
GasProduction209,191 Mcf$552,675
Total$553,991

69,850 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 30.4091, -101.4099. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

30.40906, -101.40989 · 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
May 1995
1 of 1 wells

1 well

42-1053672627026,900 ftMay 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 (373)

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

373 months

May 2026111106.413.05$140
Apr 2026112698.932.87$461
Mar 20261089.753.15$90
Feb 202638763.503.75$517
Jan 2026110159.138.00$867
Dec 202519456.664.41$472
Nov 202519458.593.93$428
Oct 202519459.383.30$370
Sep 202509062.743.08$277
Aug 202518563.933.01$320
Jul 202518166.743.32$335
Jun 202519666.483.13$367
May 202519660.553.23$371
Apr 2025111562.363.54$470
Mar 2025210767.704.27$592
Feb 2025211570.884.34$641
Jan 20250074.324.28$0
Dec 2024013268.993.12$412
Nov 2024012869.052.20$281
Oct 2024014671.372.28$333
Sep 2024013069.612.36$307
Aug 2024013775.632.06$283
Jul 2024016279.932.15$348
Jun 2024014078.082.63$369
May 2024013278.812.20$290
Apr 2024014384.451.66$237
Mar 2024015480.301.55$238
Feb 2024014876.091.78$264
Jan 2024013273.023.30$435
Dec 202308471.262.61$219
Nov 202309977.892.81$278
Oct 2023013185.443.09$404
Sep 2023013389.042.74$364
Aug 2023013980.522.67$372
Jul 2023013574.852.64$357
Jun 2023012968.962.26$291
May 2023013370.622.23$296
Apr 202308878.122.24$197
Mar 2023010572.852.39$251
Feb 202309375.112.47$229
Jan 2023010876.533.39$366
Dec 202208776.415.73$498
Nov 202208685.005.65$486
Oct 202208687.185.86$504
Sep 202209184.888.16$743
Aug 202209394.529.13$849
Jul 2022089101.587.54$671
Jun 2022081115.097.98$646
May 2022090109.378.43$759
Apr 2022065104.226.84$444
Mar 2022025108.885.08$127
Feb 202206691.054.86$321
Jan 202207881.844.54$354
Dec 202108171.323.90$316
Nov 202107577.435.24$393
Oct 202104179.795.71$234
Sep 202108269.865.35$439
Aug 202108866.024.22$371
Jul 202105070.783.98$199
Jun 202102569.493.38$85
May 202102063.483.02$60
Apr 202101560.362.76$41
Mar 202101161.302.72$30
Feb 202104657.805.55$255
Jan 202105350.412.81$149
Dec 202009144.642.68$243
Nov 202009938.772.71$268
Oct 2020010536.972.48$260
Sep 202008937.091.99$177
Aug 202009939.982.39$236
Jul 2020010038.371.83$183
Jun 2020010034.901.69$169
May 2020010616.921.81$192
Apr 2020011714.751.80$211
Mar 2020011830.341.86$219
Feb 2020011549.881.98$228
Jan 2020012157.252.09$253
Dec 2019012459.012.30$286
Nov 2019011755.302.75$322
Oct 2019010753.472.42$259
Sep 2019011755.052.66$311
Aug 2019012053.112.30$277
Jul 2019012756.272.46$312
Jun 2019012452.782.49$309
May 2019013058.482.74$356
Apr 2019011762.632.75$322
Mar 2019011956.803.06$364
Feb 2019010950.852.79$304
Jan 2019012246.033.23$394
Dec 2018012546.594.19$523
Nov 2018012052.934.24$508
Oct 2018012661.443.40$428
Sep 2018013759.543.11$426
Aug 2018010959.403.07$334
Jul 2018013565.142.93$396
Jun 2018013360.183.08$409
May 201806165.382.90$177
Apr 201809163.842.90$264
Mar 2018011161.222.79$309
Feb 2018011261.782.77$310
Jan 201808162.874.01$325
Dec 201707757.272.92$225
Nov 201709855.423.12$306
Oct 201709949.292.98$295
Sep 2017013147.523.09$404
Aug 2017014145.373.00$424
Jul 2017011443.873.09$352
Jun 2017016442.493.09$506
May 2017027045.373.26$881
Apr 2017026347.933.21$845
Mar 2017029846.772.98$889
Feb 201708850.452.95$260
Jan 2017010049.413.42$342
Dec 201609848.763.72$365
Nov 201609742.492.64$257
Oct 201609846.193.09$303
Sep 2016010141.553.10$313
Aug 2016010841.442.92$316
Jul 2016010841.622.92$316
Jun 2016010445.352.69$279
May 2016010942.521.99$217
Apr 201609636.561.99$191
Mar 2016010433.011.79$187
Feb 201609526.472.06$196
Jan 2016010627.352.36$251
Dec 2015010932.362.00$218
Nov 2015010538.792.17$228
Oct 2015012643.552.43$306
Sep 201507842.992.76$215
Aug 201502840.162.87$80
Jul 201504248.152.95$124
Jun 201504156.152.88$118
May 201505955.212.96$174
Apr 201508749.822.71$235
Mar 201509342.892.93$273
Feb 201508144.662.98$241
Jan 201509343.433.10$288
Dec 2014010154.693.59$363
Nov 2014012170.464.25$514
Oct 201409478.303.90$367
Sep 2014010086.164.05$405
Aug 2014011289.394.04$452
Jul 2014011996.564.18$497
Jun 2014013498.164.74$635
May 2014016994.734.73$799
Apr 2014015295.944.81$731
Mar 2014013595.895.06$683
Feb 2014014997.406.19$923
Jan 2014015390.404.86$744
Dec 2013015491.824.35$671
Nov 2013014588.853.74$542
Oct 2013015697.423.78$590
Sep 20130161104.113.72$599
Aug 20130202104.253.52$712
Jul 2013028102.523.72$104
Jun 2013016394.403.93$641
May 2013012894.834.15$531
Apr 2013016893.964.28$719
Mar 2013011893.623.91$462
Feb 2013014291.233.42$486
Jan 2013017191.603.42$585
Dec 2012015986.773.42$544
Nov 2012016886.953.62$609
Oct 2012017789.383.40$602
Sep 2012016794.672.92$487
Aug 2012016392.662.91$474
Jul 2012016885.133.02$507
Jun 2012017179.822.52$431
May 2012016691.612.49$413
Apr 2012072101.652.00$144
Mar 20120134105.052.22$298
Feb 20120116101.102.57$298
Jan 2012012298.092.73$334
Dec 2011014296.873.24$460
Nov 2011018695.723.31$616
Oct 2011019384.983.65$704
Sep 2011021783.623.99$865
Aug 2011020783.404.15$859
Jul 2011011694.144.52$524
Jun 2011015792.904.64$728
May 2011017398.134.40$762
Apr 20110209105.964.33$906
Mar 2011023396.364.06$945
Feb 2011021485.644.18$895
Jan 2011023286.504.59$1,065
Dec 2010024485.734.35$1,061
Nov 2010024080.843.80$911
Oct 2010022778.103.51$797
Sep 2010021472.633.98$852
Aug 2010020973.684.42$924
Jul 2010021472.554.74$1,014
Jun 2010014970.364.91$732
May 2010019471.124.24$822
Apr 2010021781.694.12$895
Mar 2010028378.394.39$1,242
Feb 2010025873.585.44$1,404
Jan 2010029274.365.96$1,742
Dec 2009031171.445.48$1,705
Nov 200905574.593.75$206
Oct 2009020672.544.11$847
Sep 2009023965.543.06$732
Aug 2009025367.423.22$814
Jul 2009027161.133.46$939
Jun 2009025766.163.90$1,001
May 2009028054.743.93$1,099
Apr 2009027146.773.59$972
Mar 2009030042.144.06$1,218
Feb 2009026432.814.63$1,223
Jan 2009037335.865.37$2,003
Dec 2008014337.105.98$855
Nov 2008030155.496.86$2,065
Oct 200809075.246.92$623
Sep 20080122101.767.88$961
Aug 20080688114.228.48$5,836
Jul 20080645131.0811.39$7,346
Jun 20080734131.3313.03$9,566
May 20080748123.1711.57$8,658
Apr 20080312110.3110.45$3,262
Mar 20080307101.909.66$2,967
Feb 2008030392.538.77$2,657
Jan 2008030690.388.21$2,511
Dec 2007030288.337.30$2,205
Nov 2007029191.677.29$2,122
Oct 2007040682.856.92$2,810
Sep 2007038975.846.24$2,429
Aug 2007026769.066.39$1,706
Jul 2007031570.906.39$2,012
Jun 2007040762.007.55$3,072
May 2007045858.747.85$3,594
Apr 2007049959.617.81$3,895
Mar 2007036856.927.30$2,687
Feb 2007022755.108.22$1,865
Jan 2007044850.306.73$3,014
Dec 2006015856.656.92$1,093
Nov 2006014354.207.62$1,089
Oct 2006016754.906.01$1,004
Sep 2006013260.085.04$665
Aug 2006034968.717.34$2,562
Jul 200601,11869.376.34$7,091
Jun 2006032466.286.38$2,068
May 2006033766.016.42$2,165
Apr 2006032664.397.36$2,400
Mar 2006031756.707.08$2,245
Feb 2006030457.597.75$2,356
Jan 2006043160.598.93$3,850
Dec 2005040354.9413.42$5,406
Nov 2005032054.6910.59$3,388
Oct 2005037758.3413.80$5,201
Sep 2005039661.4512.08$4,783
Aug 2005048961.519.80$4,791
Jul 2005045355.697.84$3,553
Jun 2005046952.337.38$3,462
May 2005040845.226.65$2,714
Apr 2005034849.207.36$2,561
Mar 2005037450.377.15$2,676
Feb 2005033445.226.31$2,108
Jan 2005039143.166.32$2,472
Dec 2004040439.866.75$2,727
Nov 2004047745.286.33$3,020
Oct 2004043349.706.52$2,821
Sep 2004038843.245.28$2,050
Aug 2004043642.375.55$2,420
Jul 2004042838.286.08$2,604
Jun 2004049236.106.43$3,165
May 2004055137.486.49$3,579
Apr 2004056234.475.86$3,292
Mar 2004060234.365.53$3,329
Feb 2004026632.455.51$1,466
Jan 2004044032.036.30$2,772
Dec 2003044130.266.30$2,779
Nov 2003044428.804.60$2,040
Oct 2003050428.174.76$2,399
Sep 2003043426.314.75$2,061
Aug 2003045729.765.13$2,344
Jul 2003051129.415.17$2,642
Jun 2003051128.565.98$3,057
May 2003051326.595.97$3,064
Apr 2003066126.675.41$3,574
Mar 2003054431.146.10$3,316
Feb 2003052933.487.93$4,193
Jan 2003055930.315.58$3,120
Dec 2002057726.914.85$2,801
Nov 2002056124.664.14$2,321
Oct 2002058626.464.23$2,478
Sep 2002059227.443.64$2,152
Aug 2002059725.963.16$1,889
Jul 2002058324.583.06$1,785
Jun 2002062423.733.34$2,083
May 2002063924.663.58$2,290
Apr 2002059823.653.51$2,100
Mar 2002058722.003.10$1,821
Feb 2002055718.222.38$1,323
Jan 2002061917.172.38$1,471
Dec 2001066016.932.36$1,561
Nov 2001066618.072.41$1,602
Oct 2001065119.782.53$1,646
Sep 2001068524.262.25$1,542
Aug 2001065124.873.05$1,988
Jul 2001068223.933.20$2,180
Jun 2001064824.563.82$2,478
May 2001068125.524.31$2,933
Apr 2001061224.685.34$3,265
Mar 2001071024.545.38$3,817
Feb 2001065727.755.77$3,789
Jan 2001076127.478.40$6,391
Dec 2000070926.889.12$6,468
Nov 2000075932.215.66$4,294
Oct 2000078331.235.15$4,029
Sep 2000082331.875.19$4,268
Aug 2000088129.644.54$4,000
Jul 2000086628.534.09$3,542
Jun 2000080429.304.40$3,535
May 2000089727.263.68$3,301
Apr 2000093724.513.12$2,920
Mar 200001,00028.422.86$2,860
Feb 2000089727.622.73$2,446
Jan 2000095925.272.48$2,379
Dec 199901,01924.282.42$2,470
Nov 199901,00423.192.43$2,444
Oct 199901,08420.982.80$3,039
Sep 199901,08421.752.62$2,839
Aug 199901,14719.262.88$3,298
Jul 199901,17717.892.37$2,792
Jun 199901,18515.942.36$2,799
May 199901,18315.792.32$2,746
Apr 199901,10415.102.21$2,438
Mar 199901,26912.471.84$2,333
Feb 199901,2199.981.82$2,216
Jan 199901,37310.381.90$2,609
Dec 199801,3489.201.77$2,390
Nov 199801,35110.892.19$2,953
Oct 199801,46312.421.97$2,881
Sep 199801,41312.592.08$2,943
Aug 199801,46611.301.91$2,796
Jul 199801,57011.742.24$3,513
Jun 199801,58211.242.24$3,539
May 199801,64012.622.21$3,618
Apr 199801,56413.042.51$3,918
Mar 199801,74512.802.31$4,030
Feb 199801,61213.952.30$3,706
Jan 199801,81614.702.15$3,913
Dec 199701,75716.322.41$4,236
Nov 199701,78818.193.09$5,522
Oct 199701,64619.253.15$5,185
Sep 199701,90017.742.95$5,614
Aug 199701,91017.862.55$4,880
Jul 199702,06717.582.25$4,644
Jun 199702,07117.242.26$4,675
May 199702,34518.972.31$5,413
Apr 199702,19217.882.08$4,565
Mar 199702,46318.951.94$4,776
Feb 199702,04020.492.21$4,500
Jan 199702,53623.483.54$8,977
Dec 199602,74823.32—$0
Nov 199602,69521.97—$0
Oct 199602,93423.31—$0
Sep 199602,89622.22—$0
Aug 199603,03220.26—$0
Jul 199603,12119.55—$0
Jun 199603,25118.73—$0
May 199603,37319.43—$0
Apr 199603,67321.51—$0
Mar 199603,70419.38—$0
Feb 199603,66016.98—$0
Jan 199603,73917.07—$0
Dec 199503,23117.19—$0
Nov 199503,28516.00—$0
Oct 199505,07415.43—$0
Sep 199505,33616.18—$0
Aug 199506,08515.92—$0
Jul 199506,55015.24—$0
Jun 1995063816.41—$0
May 1995082517.56—$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                   11 Mcf  × $  3.05 =        $34

────────────────────────────────────────────────────
Month total                                     $140

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/154964 is the state's own key, not one this site invented.