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 157707District 7CField 679952002 tax incentive programmesCondensateGasSaveExport
Value, all time
$989 k
Nov 1995 – May 2026
Value, last 12 filed months
$31 k
at the published price for each month
Months reported
367
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 Gas111996-05-14134495
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
CondensateDisposition107 bbl$7,755
GasProduction260,761 Mcf$981,619
Total$989,374

29,862 Mcf of this lease's gas, across 13 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 30.3916, -101.3976. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

30.39159, -101.39756 · 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
Nov 1995
1 of 1 wells

1 well

42-1053705626066,800 ftNov 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 (367)

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

367 months

May 20265328106.413.05$1,531
Apr 20261142398.932.87$2,302
Mar 20261711889.753.15$1,897
Feb 20262371563.503.75$4,142
Jan 2026994359.138.00$8,074
Dec 20251195756.664.41$4,847
Nov 2025679658.593.93$3,477
Oct 2025243359.383.30$1,550
Sep 2025129362.743.08$964
Aug 2025220863.933.01$755
Jul 2025223566.743.32$913
Jun 2025124266.483.13$824
May 2025324260.553.23$964
Apr 2025327362.363.54$1,154
Mar 2025535967.704.27$1,871
Feb 2025643170.884.34$2,296
Jan 20250074.324.28$0
Dec 2024051468.993.12$1,604
Nov 2024078769.052.20$1,730
Oct 2024065171.372.28$1,485
Sep 2024052269.612.36$1,234
Aug 2024048175.632.06$993
Jul 2024044979.932.15$964
Jun 2024046678.082.63$1,227
May 2024049978.812.20$1,097
Apr 2024059284.451.66$982
Mar 2024048580.301.55$749
Feb 2024026276.091.78$467
Jan 2024051673.023.30$1,702
Dec 2023064371.262.61$1,679
Nov 2023082177.892.81$2,305
Oct 2023072185.443.09$2,226
Sep 2023056289.042.74$1,537
Aug 2023051580.522.67$1,377
Jul 2023053774.852.64$1,419
Jun 2023059468.962.26$1,342
May 2023028470.622.23$633
Apr 2023067578.122.24$1,510
Mar 2023087672.852.39$2,096
Feb 2023062475.112.47$1,539
Jan 2023077376.533.39$2,619
Dec 2022086376.415.73$4,944
Nov 2022088785.005.65$5,008
Oct 2022080987.185.86$4,744
Sep 2022051384.888.16$4,188
Aug 2022059594.529.13$5,431
Jul 20220554101.587.54$4,178
Jun 20220550115.097.98$4,387
May 20220567109.378.43$4,782
Apr 20220642104.226.84$4,390
Mar 20220853108.885.08$4,330
Feb 2022092991.054.86$4,514
Jan 202201,03381.844.54$4,687
Dec 2021085171.323.90$3,318
Nov 2021081377.435.24$4,258
Oct 2021068579.795.71$3,914
Sep 2021050169.865.35$2,681
Aug 2021038066.024.22$1,604
Jul 2021035770.783.98$1,422
Jun 2021040769.493.38$1,376
May 2021027163.483.02$818
Apr 2021048260.362.76$1,330
Mar 2021077761.302.72$2,111
Feb 2021043257.805.55$2,397
Jan 2021035250.412.81$989
Dec 2020034544.642.68$923
Nov 2020037238.772.71$1,007
Oct 2020039436.972.48$977
Sep 2020033737.091.99$671
Aug 2020037239.982.39$887
Jul 2020037638.371.83$686
Jun 2020037634.901.69$636
May 2020039616.921.81$719
Apr 2020043914.751.80$792
Mar 2020043230.341.86$802
Feb 2020044649.881.98$883
Jan 2020047757.252.09$999
Dec 2019047459.012.30$1,092
Nov 2019046655.302.75$1,282
Oct 2019046453.472.42$1,122
Sep 2019046155.052.66$1,225
Aug 2019057653.112.30$1,327
Jul 2019036156.272.46$888
Jun 2019047152.782.49$1,173
May 2019046158.482.74$1,263
Apr 2019046862.632.75$1,287
Mar 2019046356.803.06$1,418
Feb 2019042550.852.79$1,187
Jan 2019049846.033.23$1,608
Dec 2018050446.594.19$2,109
Nov 2018045952.934.24$1,945
Oct 2018051861.443.40$1,760
Sep 2018055359.543.11$1,719
Aug 2018044459.403.07$1,362
Jul 2018052965.142.93$1,551
Jun 2018047560.183.08$1,462
May 2018049865.382.90$1,445
Apr 2018038763.842.90$1,123
Mar 2018047061.222.79$1,310
Feb 2018045361.782.77$1,253
Jan 2018049162.874.01$1,969
Dec 2017052057.272.92$1,519
Nov 2017052855.423.12$1,646
Oct 2017056049.292.98$1,671
Sep 2017057147.523.09$1,763
Aug 2017052545.373.00$1,577
Jul 2017014743.873.09$454
Jun 2017051942.493.09$1,602
May 2017038245.373.26$1,247
Apr 2017047447.933.21$1,522
Mar 2017045746.772.98$1,364
Feb 2017040950.452.95$1,208
Jan 2017046649.413.42$1,593
Dec 2016047748.763.72$1,776
Nov 2016046842.492.64$1,238
Oct 2016048846.193.09$1,508
Sep 2016051541.553.10$1,597
Aug 2016058641.442.92$1,714
Jul 2016063241.622.92$1,848
Jun 2016029245.352.69$784
May 2016054342.521.99$1,081
Apr 2016052336.561.99$1,041
Mar 2016055933.011.79$1,003
Feb 2016054026.472.06$1,114
Jan 2016060327.352.36$1,426
Dec 2015063232.362.00$1,265
Nov 2015066438.792.17$1,439
Oct 2015079143.552.43$1,919
Sep 201501,04742.992.76$2,888
Aug 2015040240.162.87$1,155
Jul 2015021448.152.95$630
Jun 2015023656.152.88$680
May 2015022255.212.96$656
Apr 2015022549.822.71$609
Mar 2015028442.892.93$833
Feb 2015011044.662.98$327
Jan 2015022043.433.10$682
Dec 2014039854.693.59$1,429
Nov 2014069370.464.25$2,947
Oct 2014024078.303.90$936
Sep 2014041486.164.05$1,675
Aug 2014044789.394.04$1,804
Jul 2014044396.564.18$1,852
Jun 2014043898.164.74$2,075
May 2014045194.734.73$2,132
Apr 2014046995.944.81$2,255
Mar 2014043895.895.06$2,215
Feb 2014043797.406.19$2,706
Jan 2014050890.404.86$2,469
Dec 2013049491.824.35$2,151
Nov 2013052188.853.74$1,948
Oct 2013056197.423.78$2,120
Sep 20130559104.113.72$2,078
Aug 20130544104.253.52$1,916
Jul 20130575102.523.72$2,138
Jun 2013059894.403.93$2,352
May 2013048294.834.15$2,000
Apr 2013058893.964.28$2,518
Mar 2013044693.623.91$1,745
Feb 2013050291.233.42$1,717
Jan 2013054291.603.42$1,854
Dec 2012057086.773.42$1,949
Nov 2012059086.953.62$2,139
Oct 2012053089.383.40$1,802
Sep 2012056894.672.92$1,658
Aug 2012067092.662.91$1,948
Jul 2012061185.133.02$1,846
Jun 2012047179.822.52$1,186
May 2012054191.612.49$1,346
Apr 20120557101.652.00$1,112
Mar 20120558105.052.22$1,240
Feb 20120542101.102.57$1,393
Jan 2012056198.092.73$1,534
Dec 2011055396.873.24$1,792
Nov 2011055895.723.31$1,848
Oct 2011055884.983.65$2,036
Sep 2011058383.623.99$2,324
Aug 2011048783.404.15$2,021
Jul 2011050394.144.52$2,272
Jun 2011050792.904.64$2,352
May 2011049698.134.40$2,185
Apr 20110285105.964.33$1,235
Mar 2011059796.364.06$2,422
Feb 2011074385.644.18$3,106
Jan 2011074386.504.59$3,409
Dec 2010068885.734.35$2,991
Nov 2010053280.843.80$2,019
Oct 2010065078.103.51$2,281
Sep 2010056772.633.98$2,256
Aug 2010059073.684.42$2,607
Jul 2010062272.554.74$2,946
Jun 2010055770.364.91$2,735
May 2010055971.124.24$2,367
Apr 2010046681.694.12$1,921
Mar 2010057178.394.39$2,506
Feb 2010052673.585.44$2,863
Jan 2010057474.365.96$3,423
Dec 2009057871.445.48$3,170
Nov 2009058074.593.75$2,176
Oct 2009057772.544.11$2,372
Sep 2009059165.543.06$1,811
Aug 2009059767.423.22$1,921
Jul 2009055661.133.46$1,926
Jun 2009053266.163.90$2,072
May 2009056654.743.93$2,222
Apr 2009057946.773.59$2,077
Mar 2009061042.144.06$2,476
Feb 2009058832.814.63$2,724
Jan 2009072035.865.37$3,867
Dec 2008081237.105.98$4,853
Nov 2008070055.496.86$4,802
Oct 2008028975.246.92$2,000
Sep 20080228101.767.88$1,796
Aug 20080345114.228.48$2,927
Jul 20080493131.0811.39$5,615
Jun 20080618131.3313.03$8,054
May 20080733123.1711.57$8,484
Apr 20080817110.3110.45$8,542
Mar 20080906101.909.66$8,756
Feb 2008090092.538.77$7,894
Jan 2008099390.388.21$8,148
Dec 2007092988.337.30$6,784
Nov 200701,07791.677.29$7,853
Oct 200701,04682.856.92$7,240
Sep 2007071575.846.24$4,465
Aug 2007070869.066.39$4,523
Jul 2007071270.906.39$4,548
Jun 2007067962.007.55$5,125
May 2007068458.747.85$5,367
Apr 2007078059.617.81$6,088
Mar 2007086056.927.30$6,280
Feb 2007076255.108.22$6,261
Jan 2007089850.306.73$6,041
Dec 2006084456.656.92$5,839
Nov 2006076154.207.62$5,797
Oct 2006081254.906.01$4,883
Sep 2006087860.085.04$4,423
Aug 2006089368.717.34$6,555
Jul 2006090369.376.34$5,728
Jun 2006086966.286.38$5,548
May 2006084766.016.42$5,442
Apr 2006065864.397.36$4,843
Mar 2006088056.707.08$6,233
Feb 2006067757.597.75$5,248
Jan 2006062260.598.93$5,557
Dec 2005066554.9413.42$8,921
Nov 2005068454.6910.59$7,242
Oct 2005078858.3413.80$10,871
Sep 2005080561.4512.08$9,724
Aug 2005085661.519.80$8,386
Jul 2005081755.697.84$6,408
Jun 2005087452.337.38$6,451
May 2005055945.226.65$3,718
Apr 2005034749.207.36$2,554
Mar 2005040950.377.15$2,926
Feb 2005035645.226.31$2,247
Jan 2005043343.166.32$2,738
Dec 2004055439.866.75$3,740
Nov 2004052745.286.33$3,336
Oct 2004059949.706.52$3,903
Sep 2004053543.245.28$2,827
Aug 2004056042.375.55$3,108
Jul 2004054538.286.08$3,316
Jun 2004054736.106.43$3,519
May 2004063537.486.49$4,124
Apr 2004056034.475.86$3,281
Mar 2004058534.365.53$3,235
Feb 2004055632.455.51$3,063
Jan 2004057432.036.30$3,616
Dec 2003063430.266.30$3,995
Nov 2003065228.804.60$2,996
Oct 2003062528.174.76$2,975
Sep 2003063226.314.75$3,002
Aug 2003062129.765.13$3,186
Jul 2003066829.415.17$3,454
Jun 2003066728.565.98$3,991
May 2003072826.595.97$4,348
Apr 2003070626.675.41$3,818
Mar 2003082931.146.10$5,054
Feb 2003065933.487.93$5,223
Jan 2003084130.315.58$4,695
Dec 2002084526.914.85$4,101
Nov 2002080124.664.14$3,314
Oct 2002088826.464.23$3,755
Sep 2002077527.443.64$2,817
Aug 2002081925.963.16$2,591
Jul 2002085424.583.06$2,615
Jun 2002079023.733.34$2,637
May 2002082324.663.58$2,950
Apr 2002081223.653.51$2,852
Mar 2002088722.003.10$2,752
Feb 2002077418.222.38$1,839
Jan 2002099917.172.38$2,373
Dec 2001092916.932.36$2,197
Nov 2001075518.072.41$1,816
Oct 2001081819.782.53$2,069
Sep 2001078124.262.25$1,758
Aug 2001083924.873.05$2,562
Jul 2001084723.933.20$2,708
Jun 2001076824.563.82$2,937
May 2001080225.524.31$3,454
Apr 2001073724.685.34$3,932
Mar 2001082724.545.38$4,446
Feb 2001073527.755.77$4,239
Jan 2001081527.478.40$6,845
Dec 2000077926.889.12$7,106
Nov 2000082532.215.66$4,668
Oct 2000091131.235.15$4,688
Sep 200001,09531.875.19$5,679
Aug 200001,03729.644.54$4,709
Jul 2000099928.534.09$4,086
Jun 200001,20429.304.40$5,294
May 200001,00227.263.68$3,687
Apr 200001,02124.513.12$3,181
Mar 200001,00928.422.86$2,885
Feb 200001,04027.622.73$2,836
Jan 200001,09125.272.48$2,706
Dec 199901,07124.282.42$2,596
Nov 199901,10123.192.43$2,680
Oct 199901,04520.982.80$2,930
Sep 199901,01221.752.62$2,650
Aug 199901,48119.262.88$4,259
Jul 1999099017.892.37$2,349
Jun 1999097215.942.36$2,296
May 199901,04715.792.32$2,430
Apr 199901,09115.102.21$2,409
Mar 199901,10512.471.84$2,031
Feb 199909929.981.82$1,803
Jan 199901,37310.381.90$2,609
Dec 199801,3359.201.77$2,367
Nov 199801,25510.892.19$2,743
Oct 199801,27112.421.97$2,503
Sep 199801,10212.592.08$2,295
Aug 199801,07311.301.91$2,047
Jul 199801,00811.742.24$2,255
Jun 1998098711.242.24$2,208
May 1998094412.622.21$2,083
Apr 199801,03313.042.51$2,588
Mar 199801,11412.802.31$2,573
Feb 199801,06213.952.30$2,442
Jan 199801,07814.702.15$2,323
Dec 199701,13916.322.41$2,746
Nov 199701,15218.193.09$3,558
Oct 199701,09719.253.15$3,455
Sep 199701,18617.742.95$3,504
Aug 1997088217.862.55$2,253
Jul 199701,28317.582.25$2,883
Jun 199701,15217.242.26$2,600
May 199701,31718.972.31$3,040
Apr 199701,32317.882.08$2,756
Mar 199701,39318.951.94$2,701
Feb 199701,30420.492.21$2,876
Jan 199701,38023.483.54$4,885
Dec 199601,57423.32$0
Nov 199601,44921.97$0
Oct 199601,63923.31$0
Sep 199601,53622.22$0
Aug 199601,97920.26$0
Jul 199602,06819.55$0
Jun 199601,98118.73$0
May 199602,35219.43$0
Apr 199602,63321.51$0
Mar 199602,80819.38$0
Feb 199602,97416.98$0
Jan 199604,58317.07$0
Dec 199502,28617.19$0
Nov 19950016.00$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                  328 Mcf  × $  3.05 =       $999

────────────────────────────────────────────────────
Month total                                   $1,531

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/157707 is the state's own key, not one this site invented.