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 158501District 7CField 679952002 tax incentive programmesCondensateGasSaveExport
Value, all time
$1.3 M
Apr 1996 – May 2026
Value, last 12 filed months
$17 k
at the published price for each month
Months reported
362
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 Gas111996-07-18134971
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
CondensateDisposition54 bbl$3,669
GasProduction297,361 Mcf$1,306,118
Total$1,309,787

19,011 Mcf of this lease's gas, across 8 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 30.3877, -101.3935. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

30.38767, -101.39347 · 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
6,515 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 6,515 ft.

Completions filed
Apr 1996
1 of 1 wells

1 well

42-1053717931016,515 ftApr 1996

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 (362)

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

362 months

May 20262646106.413.05$2,180
Apr 20263098.932.87$297
Mar 20262089.753.15$180
Feb 2026924763.503.75$1,498
Jan 2026446859.138.00$3,980
Dec 2025339256.664.41$1,900
Nov 2025322258.593.93$1,047
Oct 2025250659.383.30$1,791
Sep 2025126962.743.08$890
Aug 2025329563.933.01$1,081
Jul 2025226366.743.32$1,005
Jun 2025227266.483.13$984
May 2025327260.553.23$1,061
Apr 2025540062.363.54$1,729
Mar 2025539867.704.27$2,037
Feb 2025537070.884.34$1,961
Jan 20250074.324.28$0
Dec 2024038268.993.12$1,192
Nov 2024039769.052.20$873
Oct 2024042171.372.28$960
Sep 2024039169.612.36$924
Aug 2024043675.632.06$900
Jul 2024045079.932.15$966
Jun 2024043478.082.63$1,143
May 2024045278.812.20$994
Apr 2024043784.451.66$725
Mar 2024045080.301.55$695
Feb 2024041976.091.78$747
Jan 2024044673.023.30$1,471
Dec 2023044571.262.61$1,162
Nov 2023043677.892.81$1,224
Oct 2023045885.443.09$1,414
Sep 2023045889.042.74$1,253
Aug 2023047880.522.67$1,278
Jul 2023050874.852.64$1,342
Jun 2023052768.962.26$1,190
May 202307570.622.23$167
Apr 2023036578.122.24$817
Mar 2023040872.852.39$976
Feb 2023036775.112.47$905
Jan 2023039876.533.39$1,348
Dec 2022038676.415.73$2,211
Nov 2022039885.005.65$2,247
Oct 2022038987.185.86$2,281
Sep 2022038384.888.16$3,127
Aug 2022037894.529.13$3,450
Jul 20220401101.587.54$3,024
Jun 20220394115.097.98$3,143
May 20220469109.378.43$3,955
Apr 202201,272104.226.84$8,697
Mar 20220499108.885.08$2,533
Feb 2022034591.054.86$1,676
Jan 2022040081.844.54$1,815
Dec 2021039271.323.90$1,528
Nov 2021037077.435.24$1,938
Oct 2021038379.795.71$2,188
Sep 2021036869.865.35$1,969
Aug 2021038966.024.22$1,642
Jul 2021038670.783.98$1,537
Jun 2021039169.493.38$1,322
May 2021030963.483.02$932
Apr 2021040260.362.76$1,109
Mar 2021045061.302.72$1,223
Feb 2021013257.805.55$732
Jan 2021025150.412.81$705
Dec 2020027744.642.68$741
Nov 2020029938.772.71$809
Oct 2020031736.972.48$786
Sep 2020026937.091.99$536
Aug 2020029839.982.39$711
Jul 2020030238.371.83$551
Jun 2020030234.901.69$510
May 2020031816.921.81$577
Apr 2020035214.751.80$635
Mar 2020035530.341.86$659
Feb 2020034849.881.98$689
Jan 2020036157.252.09$756
Dec 2019035059.012.30$807
Nov 2019035455.302.75$974
Oct 2019035353.472.42$854
Sep 2019036055.052.66$957
Aug 2019037653.112.30$866
Jul 2019036056.272.46$886
Jun 2019035452.782.49$882
May 2019037158.482.74$1,017
Apr 2019036362.632.75$999
Mar 2019037156.803.06$1,136
Feb 2019033350.852.79$930
Jan 2019037146.033.23$1,198
Dec 2018037246.594.19$1,557
Nov 2018033952.934.24$1,436
Oct 2018040261.443.40$1,366
Sep 2018031159.543.11$967
Aug 2018032559.403.07$997
Jul 2018034065.142.93$997
Jun 2018022260.183.08$683
May 2018021165.382.90$612
Apr 2018019663.842.90$569
Mar 2018028761.222.79$800
Feb 2018035661.782.77$985
Jan 2018046362.874.01$1,856
Dec 2017044357.272.92$1,294
Nov 2017048655.423.12$1,516
Oct 2017047749.292.98$1,423
Sep 2017052747.523.09$1,627
Aug 2017054745.373.00$1,643
Jul 2017054143.873.09$1,670
Jun 2017030242.493.09$932
May 2017030945.373.26$1,008
Apr 2017029647.933.21$951
Mar 2017030246.772.98$901
Feb 2017036250.452.95$1,069
Jan 2017043349.413.42$1,480
Dec 2016043548.763.72$1,619
Nov 2016043642.492.64$1,153
Oct 2016046146.193.09$1,425
Sep 2016042941.553.10$1,330
Aug 2016049041.442.92$1,433
Jul 2016052741.622.92$1,541
Jun 2016021545.352.69$577
May 2016042542.521.99$846
Apr 2016041036.561.99$816
Mar 2016043533.011.79$780
Feb 2016042526.472.06$877
Jan 2016046927.352.36$1,109
Dec 2015046832.362.00$937
Nov 2015048938.792.17$1,060
Oct 2015057343.552.43$1,390
Sep 2015048742.992.76$1,343
Aug 2015043640.162.87$1,252
Jul 2015034148.152.95$1,004
Jun 2015033356.152.88$960
May 2015034955.212.96$1,031
Apr 2015032849.822.71$888
Mar 2015034542.892.93$1,012
Feb 2015030244.662.98$899
Jan 2015027143.433.10$840
Dec 2014036254.693.59$1,300
Nov 2014033570.464.25$1,424
Oct 2014030578.303.90$1,190
Sep 2014020486.164.05$825
Aug 2014031789.394.04$1,279
Jul 2014050196.564.18$2,094
Jun 2014055498.164.74$2,624
May 2014057494.734.73$2,713
Apr 2014058095.944.81$2,789
Mar 2014051495.895.06$2,599
Feb 2014052997.406.19$3,276
Jan 2014062490.404.86$3,033
Dec 2013052091.824.35$2,264
Nov 2013054788.853.74$2,045
Oct 2013062397.423.78$2,355
Sep 20130605104.113.72$2,249
Aug 20130630104.253.52$2,219
Jul 20130643102.523.72$2,391
Jun 2013067494.403.93$2,651
May 2013049894.834.15$2,066
Apr 2013068993.964.28$2,951
Mar 2013043193.623.91$1,686
Feb 2013054891.233.42$1,874
Jan 2013060891.603.42$2,079
Dec 2012058986.773.42$2,014
Nov 2012058986.953.62$2,135
Oct 2012055589.383.40$1,887
Sep 2012056194.672.92$1,637
Aug 2012061992.662.91$1,800
Jul 2012062985.133.02$1,900
Jun 2012061279.822.52$1,542
May 2012063891.612.49$1,588
Apr 20120629101.652.00$1,256
Mar 20120646105.052.22$1,435
Feb 20120591101.102.57$1,519
Jan 2012061698.092.73$1,684
Dec 2011058296.873.24$1,886
Nov 2011062595.723.31$2,070
Oct 2011062884.983.65$2,291
Sep 2011063983.623.99$2,547
Aug 2011065083.404.15$2,697
Jul 2011066594.144.52$3,004
Jun 2011066792.904.64$3,095
May 2011067298.134.40$2,960
Apr 20110552105.964.33$2,392
Mar 2011067996.364.06$2,755
Feb 2011055385.644.18$2,312
Jan 2011054586.504.59$2,501
Dec 2010054085.734.35$2,348
Nov 2010062480.843.80$2,368
Oct 2010061578.103.51$2,158
Sep 2010058872.633.98$2,340
Aug 2010066973.684.42$2,957
Jul 2010068272.554.74$3,230
Jun 2010060770.364.91$2,981
May 2010062171.124.24$2,630
Apr 2010049081.694.12$2,020
Mar 2010074978.394.39$3,287
Feb 2010095673.585.44$5,203
Jan 201001,09574.365.96$6,531
Dec 2009077371.445.48$4,239
Nov 2009068174.593.75$2,555
Oct 2009073672.544.11$3,025
Sep 2009072065.543.06$2,207
Aug 2009080067.423.22$2,575
Jul 2009084961.133.46$2,941
Jun 2009085266.163.90$3,319
May 2009077754.743.93$3,050
Apr 2009083546.773.59$2,996
Mar 2009087142.144.06$3,535
Feb 2009074432.814.63$3,447
Jan 2009056635.865.37$3,040
Dec 2008073137.105.98$4,369
Nov 2008094155.496.86$6,456
Oct 2008097575.246.92$6,749
Sep 20080390101.767.88$3,072
Aug 20080781114.228.48$6,625
Jul 20080960131.0811.39$10,934
Jun 20080883131.3313.03$11,508
May 200801,564123.1711.57$18,102
Apr 200801,777110.3110.45$18,578
Mar 200801,878101.909.66$18,149
Feb 200801,96192.538.77$17,199
Jan 200802,05790.388.21$16,879
Dec 200701,85088.337.30$13,509
Nov 200701,83791.677.29$13,395
Oct 200701,75282.856.92$12,127
Sep 200701,62975.846.24$10,172
Aug 200701,75069.066.39$11,179
Jul 200701,73470.906.39$11,077
Jun 200701,71262.007.55$12,923
May 200701,80858.747.85$14,186
Apr 200701,97159.617.81$15,384
Mar 200702,76356.927.30$20,175
Feb 200702,64155.108.22$21,698
Jan 2007027950.306.73$1,877
Dec 200601,58756.656.92$10,980
Nov 200601,67754.207.62$12,775
Oct 200601,77154.906.01$10,650
Sep 200602,03460.085.04$10,246
Aug 200601,99768.717.34$14,658
Jul 200602,05069.376.34$13,003
Jun 200602,15866.286.38$13,776
May 200602,11366.016.42$13,576
Apr 200602,33364.397.36$17,172
Mar 200602,35156.707.08$16,652
Feb 200602,41857.597.75$18,742
Jan 200601,59260.598.93$14,222
Dec 2005034754.9413.42$4,655
Nov 2005098854.6910.59$10,461
Oct 200501,07258.3413.80$14,789
Sep 200501,04861.4512.08$12,659
Aug 200501,10461.519.80$10,816
Jul 200501,28555.697.84$10,079
Jun 200501,10352.337.38$8,141
May 2005094545.226.65$6,285
Apr 200501,04649.207.36$7,699
Mar 200501,15250.377.15$8,242
Feb 200501,02245.226.31$6,451
Jan 200501,05343.166.32$6,657
Dec 2004099639.866.75$6,724
Nov 200401,10345.286.33$6,982
Oct 200401,22349.706.52$7,968
Sep 200401,16243.245.28$6,140
Aug 200401,24142.375.55$6,888
Jul 200401,29038.286.08$7,849
Jun 200401,25536.106.43$8,073
May 200401,16937.486.49$7,592
Apr 200401,01834.475.86$5,964
Mar 200401,01334.365.53$5,602
Feb 2004075532.455.51$4,160
Jan 2004093232.036.30$5,871
Dec 2003091330.266.30$5,753
Nov 2003084728.804.60$3,892
Oct 2003088128.174.76$4,193
Sep 2003086426.314.75$4,103
Aug 2003090529.765.13$4,642
Jul 2003084529.415.17$4,369
Jun 2003022428.565.98$1,340
May 2003045626.595.97$2,724
Apr 2003047426.675.41$2,563
Mar 2003051531.146.10$3,139
Feb 2003046933.487.93$3,717
Jan 2003050230.315.58$2,802
Dec 2002066626.914.85$3,233
Nov 2002074624.664.14$3,086
Oct 2002088626.464.23$3,747
Sep 2002078627.443.64$2,857
Aug 2002073325.963.16$2,319
Jul 2002076524.583.06$2,342
Jun 2002072923.733.34$2,434
May 2002080124.663.58$2,871
Apr 2002082823.653.51$2,908
Mar 2002086522.003.10$2,684
Feb 2002056318.222.38$1,338
Jan 2002070717.172.38$1,680
Dec 2001090416.932.36$2,137
Nov 2001077918.072.41$1,874
Oct 2001075719.782.53$1,914
Sep 2001078524.262.25$1,767
Aug 2001077924.873.05$2,378
Jul 2001064523.933.20$2,062
Jun 2001064224.563.82$2,455
May 2001055525.524.31$2,391
Apr 2001055424.685.34$2,956
Mar 2001063824.545.38$3,430
Feb 2001081227.755.77$4,683
Jan 2001093827.478.40$7,878
Dec 2000079026.889.12$7,207
Nov 200001,24532.215.66$7,044
Oct 200001,54431.235.15$7,945
Sep 200001,25931.875.19$6,530
Aug 200001,27229.644.54$5,776
Jul 200001,13828.534.09$4,654
Jun 200001,65429.304.40$7,273
May 2000095927.263.68$3,529
Apr 200001,01124.513.12$3,150
Mar 200001,44628.422.86$4,135
Feb 200001,60027.622.73$4,362
Jan 200001,62025.272.48$4,018
Dec 199901,49824.282.42$3,631
Nov 199901,48623.192.43$3,617
Oct 199901,12220.982.80$3,146
Sep 199901,47321.752.62$3,858
Aug 199901,71019.262.88$4,917
Jul 199901,26617.892.37$3,003
Jun 199901,39015.942.36$3,283
May 199901,52515.792.32$3,540
Apr 199901,38915.102.21$3,067
Mar 199901,41512.471.84$2,601
Feb 199901,3029.981.82$2,367
Jan 199901,44510.381.90$2,745
Dec 199801,6549.201.77$2,933
Nov 199801,62310.892.19$3,547
Oct 199801,74112.421.97$3,428
Sep 199801,45212.592.08$3,024
Aug 199801,14611.301.91$2,186
Jul 199801,33711.742.24$2,991
Jun 199801,21311.242.24$2,714
May 199801,49012.622.21$3,287
Apr 199801,55513.042.51$3,896
Mar 199801,13912.802.31$2,630
Feb 199801,31513.952.30$3,023
Jan 199801,51314.702.15$3,260
Dec 199701,58016.322.41$3,810
Nov 199701,50018.193.09$4,632
Oct 199701,65619.253.15$5,216
Sep 199701,56917.742.95$4,636
Aug 199701,73817.862.55$4,440
Jul 199701,78617.582.25$4,013
Jun 199701,71517.242.26$3,871
May 199701,72318.972.31$3,978
Apr 199701,75117.882.08$3,647
Mar 199701,81618.951.94$3,521
Feb 199701,64320.492.21$3,624
Jan 199701,92823.483.54$6,825
Dec 199602,17523.32$0
Nov 199602,02521.97$0
Oct 199602,53223.31$0
Sep 199602,46222.22$0
Aug 199602,61920.26$0
Jul 199603,01019.55$0
Jun 199603,17718.73$0
May 19960019.43$0
Apr 199601,01121.51$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             2 bbl  × $106.41 =       $213
Gas                  646 Mcf  × $  3.05 =     $1,968

────────────────────────────────────────────────────
Month total                                   $2,180

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/158501 is the state's own key, not one this site invented.