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 155534District 7CField 679952002 tax incentive programmesCondensateGasSaveExport
Value, all time
$799 k
Jul 1995 – May 2026
Value, last 12 filed months
$3 k
at the published price for each month
Months reported
371
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 Gas111995-11-03133559
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
CondensateDisposition11 bbl$759
GasProduction224,535 Mcf$798,154
Total$798,914

36,493 Mcf of this lease's gas, across 17 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 30.3910, -101.4141. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

30.39098, -101.41411 · 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
7,000 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 7,000 ft.

Completions filed
Jul 1995
1 of 1 wells

1 well

42-1053690911057,000 ftJul 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 (371)

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

371 months

May 202600106.413.05$0
Apr 20261098.932.87$99
Mar 20261089.753.15$90
Feb 202645063.503.75$442
Jan 2026220059.138.00$1,718
Dec 2025111956.664.41$582
Nov 202501758.593.93$67
Oct 20250559.383.30$17
Sep 20250062.743.08$0
Aug 20250063.933.01$0
Jul 20250066.743.32$0
Jun 20250066.483.13$0
May 20250060.553.23$0
Apr 202501262.363.54$43
Mar 202501467.704.27$60
Feb 2025210370.884.34$589
Jan 20250074.324.28$0
Dec 202404968.993.12$153
Nov 202403569.052.20$77
Oct 20240071.372.28$0
Sep 20240069.612.36$0
Aug 20240075.632.06$0
Jul 20240279.932.15$4
Jun 20240478.082.63$11
May 202401278.812.20$26
Apr 202403484.451.66$56
Mar 202405480.301.55$83
Feb 2024010576.091.78$187
Jan 2024020673.023.30$679
Dec 202307371.262.61$191
Nov 202302977.892.81$81
Oct 202307085.443.09$216
Sep 202304789.042.74$129
Aug 2023016280.522.67$433
Jul 202305174.852.64$135
Jun 2023012268.962.26$276
May 202301470.622.23$31
Apr 20230478.122.24$9
Mar 202302072.852.39$48
Feb 202307475.112.47$182
Jan 202301276.533.39$41
Dec 202205776.415.73$327
Nov 202205285.005.65$294
Oct 20220087.185.86$0
Sep 20220084.888.16$0
Aug 20220094.529.13$0
Jul 202200101.587.54$0
Jun 202200115.097.98$0
May 202200109.378.43$0
Apr 202200104.226.84$0
Mar 2022034108.885.08$173
Feb 2022013891.054.86$671
Jan 2022014981.844.54$676
Dec 202102671.323.90$101
Nov 20210177.435.24$5
Oct 20210079.795.71$0
Sep 20210169.865.35$5
Aug 20210566.024.22$21
Jul 20210070.783.98$0
Jun 20210069.493.38$0
May 20210663.483.02$18
Apr 202106060.362.76$166
Mar 202108661.302.72$234
Feb 2021015357.805.55$849
Jan 2021020950.412.81$587
Dec 202007444.642.68$198
Nov 202008038.772.71$217
Oct 202008436.972.48$208
Sep 202007237.091.99$143
Aug 202008039.982.39$191
Jul 202008138.371.83$148
Jun 202008134.901.69$137
May 202008516.921.81$154
Apr 202009514.751.80$171
Mar 202006030.341.86$111
Feb 2020012949.881.98$256
Jan 2020044757.252.09$936
Dec 2019059159.012.30$1,362
Nov 2019048255.302.75$1,326
Oct 2019045653.472.42$1,103
Sep 2019041855.052.66$1,111
Aug 2019050553.112.30$1,164
Jul 2019045356.272.46$1,114
Jun 2019046352.782.49$1,153
May 2019044158.482.74$1,208
Apr 2019048362.632.75$1,329
Mar 2019051056.803.06$1,562
Feb 2019043650.852.79$1,217
Jan 2019045746.033.23$1,475
Dec 2018049646.594.19$2,076
Nov 2018054552.934.24$2,309
Oct 2018052461.443.40$1,781
Sep 2018054259.543.11$1,685
Aug 2018036959.403.07$1,132
Jul 2018043065.142.93$1,261
Jun 2018042660.183.08$1,311
May 2018046765.382.90$1,355
Apr 2018043363.842.90$1,256
Mar 2018054461.222.79$1,516
Feb 2018047361.782.77$1,308
Jan 2018048862.874.01$1,957
Dec 2017045157.272.92$1,318
Nov 2017048555.423.12$1,512
Oct 2017045849.292.98$1,367
Sep 2017043047.523.09$1,328
Aug 2017042745.373.00$1,283
Jul 2017046443.873.09$1,433
Jun 2017048742.493.09$1,504
May 2017051245.373.26$1,671
Apr 2017048447.933.21$1,554
Mar 2017046946.772.98$1,399
Feb 2017054550.452.95$1,609
Jan 2017059049.413.42$2,017
Dec 2016068848.763.72$2,561
Nov 2016048842.492.64$1,290
Oct 2016048846.193.09$1,508
Sep 2016044741.553.10$1,386
Aug 2016042241.442.92$1,234
Jul 2016039941.622.92$1,167
Jun 2016037645.352.69$1,010
May 2016042542.521.99$846
Apr 2016042236.561.99$840
Mar 2016045833.011.79$822
Feb 2016044026.472.06$908
Jan 2016052727.352.36$1,246
Dec 2015049732.362.00$995
Nov 2015041438.792.17$897
Oct 2015039443.552.43$956
Sep 2015045842.992.76$1,263
Aug 2015049340.162.87$1,416
Jul 2015047348.152.95$1,393
Jun 2015047356.152.88$1,364
May 2015048455.212.96$1,430
Apr 2015052049.822.71$1,407
Mar 2015051642.892.93$1,514
Feb 2015046044.662.98$1,369
Jan 2015064643.433.10$2,003
Dec 2014059754.693.59$2,144
Nov 2014060470.464.25$2,568
Oct 2014048578.303.90$1,892
Sep 2014050886.164.05$2,055
Aug 2014047589.394.04$1,917
Jul 2014051796.564.18$2,161
Jun 2014045398.164.74$2,146
May 2014048194.734.73$2,273
Apr 2014051895.944.81$2,491
Mar 2014062795.895.06$3,171
Feb 2014060497.406.19$3,740
Jan 2014064890.404.86$3,150
Dec 2013061591.824.35$2,678
Nov 2013056388.853.74$2,105
Oct 2013051997.423.78$1,961
Sep 20130499104.113.72$1,855
Aug 20130699104.253.52$2,462
Jul 20130219102.523.72$814
Jun 2013055094.403.93$2,163
May 2013046894.834.15$1,942
Apr 2013052793.964.28$2,257
Mar 2013045093.623.91$1,761
Feb 2013046391.233.42$1,583
Jan 2013056191.603.42$1,919
Dec 2012056486.773.42$1,929
Nov 2012046486.953.62$1,682
Oct 2012050789.383.40$1,724
Sep 2012054194.672.92$1,579
Aug 2012043692.662.91$1,268
Jul 2012058185.133.02$1,755
Jun 2012044079.822.52$1,108
May 2012051191.612.49$1,272
Apr 20120465101.652.00$929
Mar 20120535105.052.22$1,189
Feb 20120549101.102.57$1,411
Jan 2012075398.092.73$2,059
Dec 2011061496.873.24$1,989
Nov 2011053795.723.31$1,778
Oct 2011050784.983.65$1,850
Sep 2011051183.623.99$2,037
Aug 2011062383.404.15$2,585
Jul 2011065094.144.52$2,936
Jun 2011060992.904.64$2,826
May 2011061498.134.40$2,705
Apr 20110575105.964.33$2,492
Mar 2011077596.364.06$3,144
Feb 2011073985.644.18$3,089
Jan 2011027086.504.59$1,239
Dec 2010065885.734.35$2,861
Nov 2010072680.843.80$2,755
Oct 2010061678.103.51$2,161
Sep 2010058472.633.98$2,324
Aug 2010065773.684.42$2,904
Jul 2010059472.554.74$2,813
Jun 2010057870.364.91$2,838
May 2010056971.124.24$2,410
Apr 2010054081.694.12$2,226
Mar 2010050678.394.39$2,221
Feb 2010059573.585.44$3,238
Jan 2010068474.365.96$4,079
Dec 2009064271.445.48$3,521
Nov 2009058374.593.75$2,187
Oct 2009071072.544.11$2,918
Sep 2009057165.543.06$1,750
Aug 2009068767.423.22$2,211
Jul 2009064361.133.46$2,228
Jun 2009063566.163.90$2,473
May 2009059854.743.93$2,348
Apr 2009055346.773.59$1,984
Mar 2009052542.144.06$2,131
Feb 2009048732.814.63$2,256
Jan 2009055635.865.37$2,986
Dec 2008064637.105.98$3,861
Nov 2008069455.496.86$4,761
Oct 2008091275.246.92$6,313
Sep 20080496101.767.88$3,907
Aug 200801,479114.228.48$12,546
Jul 2008077131.0811.39$877
Jun 200802131.3313.03$26
May 20080270123.1711.57$3,125
Apr 20080528110.3110.45$5,520
Mar 20080620101.909.66$5,992
Feb 2008069692.538.77$6,104
Jan 200801,02690.388.21$8,419
Dec 200701,07088.337.30$7,813
Nov 2007082591.677.29$6,016
Oct 2007073582.856.92$5,088
Sep 2007060275.846.24$3,759
Aug 2007072269.066.39$4,612
Jul 2007072870.906.39$4,650
Jun 2007060662.007.55$4,574
May 2007066558.747.85$5,218
Apr 2007074059.617.81$5,776
Mar 2007068956.927.30$5,031
Feb 2007059855.108.22$4,913
Jan 2007062650.306.73$4,211
Dec 2006088656.656.92$6,130
Nov 2006075454.207.62$5,744
Oct 200601,07954.906.01$6,489
Sep 2006041060.085.04$2,065
Aug 2006072768.717.34$5,336
Jul 2006066469.376.34$4,212
Jun 2006068166.286.38$4,347
May 2006067666.016.42$4,343
Apr 2006055264.397.36$4,063
Mar 2006069356.707.08$4,908
Feb 2006053757.597.75$4,162
Jan 2006063260.598.93$5,646
Dec 2005067454.9413.42$9,042
Nov 2005053754.6910.59$5,686
Oct 2005061058.3413.80$8,415
Sep 2005069661.4512.08$8,407
Aug 2005039261.519.80$3,840
Jul 2005068955.697.84$5,404
Jun 2005063852.337.38$4,709
May 2005068945.226.65$4,583
Apr 2005050749.207.36$3,732
Mar 2005047350.377.15$3,384
Feb 2005058245.226.31$3,674
Jan 2005065343.166.32$4,128
Dec 2004065539.866.75$4,422
Nov 2004065445.286.33$4,140
Oct 2004072049.706.52$4,691
Sep 2004067643.245.28$3,572
Aug 2004072342.375.55$4,013
Jul 2004036438.286.08$2,215
Jun 200403136.106.43$199
May 2004021037.486.49$1,364
Apr 2004088634.475.86$5,191
Mar 200401,35934.365.53$7,515
Feb 200401832.455.51$99
Jan 2004017932.036.30$1,128
Dec 2003080930.266.30$5,098
Nov 2003072228.804.60$3,318
Oct 2003076128.174.76$3,622
Sep 2003069926.314.75$3,320
Aug 2003075129.765.13$3,852
Jul 2003074429.415.17$3,847
Jun 2003070928.565.98$4,242
May 2003077126.595.97$4,605
Apr 2003075426.675.41$4,077
Mar 2003080431.146.10$4,901
Feb 2003075933.487.93$6,016
Jan 2003086830.315.58$4,845
Dec 200201,02426.914.85$4,970
Nov 2002051524.664.14$2,131
Oct 2002059626.464.23$2,521
Sep 2002049427.443.64$1,796
Aug 2002070825.963.16$2,240
Jul 2002061224.583.06$1,874
Jun 2002061923.733.34$2,066
May 2002075424.663.58$2,702
Apr 2002085323.653.51$2,996
Mar 2002086722.003.10$2,690
Feb 2002078418.222.38$1,863
Jan 2002089217.172.38$2,119
Dec 2001092216.932.36$2,180
Nov 2001093918.072.41$2,259
Oct 2001089119.782.53$2,253
Sep 2001083224.262.25$1,873
Aug 2001081624.873.05$2,491
Jul 2001089423.933.20$2,858
Jun 2001084224.563.82$3,220
May 2001093225.524.31$4,014
Apr 2001089824.685.34$4,791
Mar 2001096424.545.38$5,183
Feb 2001091427.755.77$5,271
Jan 200101,15927.478.40$9,734
Dec 2000048726.889.12$4,443
Nov 2000080932.215.66$4,577
Oct 2000085031.235.15$4,374
Sep 2000090531.875.19$4,694
Aug 2000054629.644.54$2,479
Jul 2000044628.534.09$1,824
Jun 2000050429.304.40$2,216
May 2000053427.263.68$1,965
Apr 2000059624.513.12$1,857
Mar 2000054028.422.86$1,544
Feb 2000054127.622.73$1,475
Jan 2000063325.272.48$1,570
Dec 1999067024.282.42$1,624
Nov 1999067523.192.43$1,643
Oct 1999077520.982.80$2,173
Sep 1999080621.752.62$2,111
Aug 1999057019.262.88$1,639
Jul 1999080317.892.37$1,905
Jun 1999073215.942.36$1,729
May 1999072415.792.32$1,680
Apr 1999095915.102.21$2,118
Mar 1999096512.471.84$1,774
Feb 199908729.981.82$1,585
Jan 199901,09410.381.90$2,079
Dec 199801,0909.201.77$1,933
Nov 199801,04810.892.19$2,291
Oct 199801,07412.421.97$2,115
Sep 199801,19412.592.08$2,487
Aug 199801,17011.301.91$2,232
Jul 199801,09111.742.24$2,441
Jun 199801,17011.242.24$2,618
May 199801,20112.622.21$2,650
Apr 199801,11413.042.51$2,791
Mar 199801,24912.802.31$2,884
Feb 199801,11713.952.30$2,568
Jan 199801,19514.702.15$2,575
Dec 199701,27216.322.41$3,067
Nov 199701,19018.193.09$3,675
Oct 199701,21719.253.15$3,833
Sep 199701,22917.742.95$3,632
Aug 199701,23517.862.55$3,155
Jul 199701,36917.582.25$3,076
Jun 199701,46417.242.26$3,305
May 199701,55618.972.31$3,592
Apr 199701,57917.882.08$3,289
Mar 199701,81818.951.94$3,525
Feb 199701,41220.492.21$3,115
Jan 199701,91923.483.54$6,793
Dec 199601,85623.32$0
Nov 199601,35421.97$0
Oct 199601,61023.31$0
Sep 199601,52122.22$0
Aug 199601,66620.26$0
Jul 199601,73219.55$0
Jun 199601,80618.73$0
May 199601,54619.43$0
Apr 199602,13321.51$0
Mar 199602,02419.38$0
Feb 199602,08716.98$0
Jan 199602,59217.07$0
Dec 199502,65917.19$0
Nov 199502,96816.00$0
Oct 199503,16315.43$0
Sep 199502,96316.18$0
Aug 199502,81315.92$0
Jul 19950015.24$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.

Apr 2026 — as filed, then multipliedworked
Condensate             1 bbl  × $ 98.93 =        $99
Gas                    0 Mcf  × $  2.87 =         $0

────────────────────────────────────────────────────
Month total                                      $99

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/155534 is the state's own key, not one this site invented.