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 188586District 7CField 679952002 tax incentive programmesCondensateGasSaveExport
Value, all time
$1.2 M
Oct 2001 – May 2026
Value, last 12 filed months
$14 k
at the published price for each month
Months reported
296
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 Gas112002-06-14148106
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
CondensateDisposition42 bbl$2,851
GasProduction238,831 Mcf$1,151,418
Total$1,154,269

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 30.4084, -101.4264. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

30.40844, -101.42641 · 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
Oct 2001
1 of 1 wells

1 well

42-105386659086,900 ftOct 2001

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 (296)

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

296 months

May 20261243106.413.05$847
Apr 2026437598.932.87$1,472
Mar 20261089.753.15$90
Feb 2026723763.503.75$1,333
Jan 2026224959.138.00$2,110
Dec 2025430856.664.41$1,586
Nov 2025335258.593.93$1,558
Oct 2025233159.383.30$1,213
Sep 2025129162.743.08$958
Aug 2025223363.933.01$830
Jul 2025223266.743.32$903
Jun 2025124366.483.13$827
May 2025324360.553.23$967
Apr 2025323762.363.54$1,027
Mar 2025323367.704.27$1,198
Feb 2025321570.884.34$1,146
Jan 20250074.324.28$0
Dec 2024023768.993.12$740
Nov 2024023869.052.20$523
Oct 2024025671.372.28$584
Sep 2024022869.612.36$539
Aug 2024025075.632.06$516
Jul 2024024879.932.15$532
Jun 2024025278.082.63$664
May 2024027778.812.20$609
Apr 2024029684.451.66$491
Mar 2024030880.301.55$476
Feb 2024021876.091.78$389
Jan 2024022373.023.30$735
Dec 2023021271.262.61$553
Nov 2023022877.892.81$640
Oct 2023026685.443.09$821
Sep 2023026689.042.74$728
Aug 2023028680.522.67$764
Jul 2023027374.852.64$721
Jun 2023024368.962.26$549
May 2023025770.622.23$572
Apr 2023021378.122.24$477
Mar 2023024572.852.39$586
Feb 2023023775.112.47$584
Jan 2023027076.533.39$915
Dec 2022025976.415.73$1,484
Nov 2022026685.005.65$1,502
Oct 2022029987.185.86$1,753
Sep 2022037584.888.16$3,061
Aug 2022028094.529.13$2,556
Jul 20220271101.587.54$2,044
Jun 20220274115.097.98$2,186
May 20220306109.378.43$2,581
Apr 20220273104.226.84$1,867
Mar 20220295108.885.08$1,498
Feb 2022026591.054.86$1,288
Jan 2022028081.844.54$1,271
Dec 2021025571.323.90$994
Nov 2021025177.435.24$1,314
Oct 2021030179.795.71$1,720
Sep 2021030669.865.35$1,637
Aug 2021027066.024.22$1,140
Jul 2021028270.783.98$1,123
Jun 2021031469.493.38$1,062
May 2021012063.483.02$362
Apr 202108060.362.76$221
Mar 2021021261.302.72$576
Feb 2021022457.805.55$1,243
Jan 2021027750.412.81$778
Dec 2020027344.642.68$730
Nov 2020029538.772.71$798
Oct 2020031236.972.48$773
Sep 2020026637.091.99$530
Aug 2020029439.982.39$701
Jul 2020029838.371.83$544
Jun 2020029734.901.69$502
May 2020031316.921.81$568
Apr 2020034714.751.80$626
Mar 2020035430.341.86$657
Feb 2020033949.881.98$671
Jan 2020036557.252.09$765
Dec 2019036659.012.30$843
Nov 2019034355.302.75$943
Oct 2019031953.472.42$772
Sep 2019034155.052.66$906
Aug 2019032653.112.30$751
Jul 2019033656.272.46$827
Jun 2019034052.782.49$847
May 2019036758.482.74$1,006
Apr 2019034662.632.75$952
Mar 2019036256.803.06$1,108
Feb 2019025650.852.79$715
Jan 2019038146.033.23$1,230
Dec 2018034846.594.19$1,457
Nov 2018034552.934.24$1,462
Oct 2018039461.443.40$1,339
Sep 2018041859.543.11$1,299
Aug 2018031659.403.07$969
Jul 2018033465.142.93$979
Jun 2018033260.183.08$1,022
May 2018039365.382.90$1,140
Apr 2018040163.842.90$1,163
Mar 2018035661.222.79$992
Feb 2018034961.782.77$965
Jan 2018038262.874.01$1,532
Dec 2017046257.272.92$1,350
Nov 2017046155.423.12$1,438
Oct 2017046949.292.98$1,399
Sep 2017034047.523.09$1,050
Aug 2017029545.373.00$886
Jul 2017036643.873.09$1,130
Jun 2017035942.493.09$1,108
May 2017029245.373.26$953
Apr 2017043547.933.21$1,397
Mar 2017041446.772.98$1,235
Feb 2017053450.452.95$1,577
Jan 201708049.413.42$274
Dec 2016039548.763.72$1,471
Nov 2016047042.492.64$1,243
Oct 2016030246.193.09$933
Sep 2016030041.553.10$930
Aug 2016036141.442.92$1,056
Jul 2016028041.622.92$819
Jun 2016032145.352.69$862
May 2016035742.521.99$711
Apr 2016029036.561.99$577
Mar 2016035133.011.79$630
Feb 2016034226.472.06$706
Jan 2016044827.352.36$1,059
Dec 2015020932.362.00$418
Nov 2015035638.792.17$772
Oct 2015035643.552.43$864
Sep 2015040742.992.76$1,123
Aug 2015041740.162.87$1,198
Jul 2015048148.152.95$1,417
Jun 2015051256.152.88$1,476
May 2015042655.212.96$1,259
Apr 2015045249.822.71$1,223
Mar 2015050642.892.93$1,485
Feb 2015047144.662.98$1,402
Jan 2015043143.433.10$1,336
Dec 2014035554.693.59$1,275
Nov 2014045570.464.25$1,935
Oct 2014042278.303.90$1,646
Sep 2014039286.164.05$1,586
Aug 2014044389.394.04$1,788
Jul 2014046896.564.18$1,956
Jun 2014048998.164.74$2,316
May 2014045594.734.73$2,151
Apr 2014045895.944.81$2,203
Mar 2014045095.895.06$2,276
Feb 2014052297.406.19$3,232
Jan 2014031990.404.86$1,551
Dec 2013043491.824.35$1,890
Nov 2013045688.853.74$1,705
Oct 2013049197.423.78$1,856
Sep 20130585104.113.72$2,175
Aug 20130346104.253.52$1,219
Jul 20130448102.523.72$1,666
Jun 2013054794.403.93$2,152
May 2013020594.834.15$851
Apr 2013039893.964.28$1,704
Mar 2013031493.623.91$1,229
Feb 2013048791.233.42$1,666
Jan 2013048091.603.42$1,642
Dec 2012049286.773.42$1,683
Nov 2012048586.953.62$1,758
Oct 2012057989.383.40$1,968
Sep 2012056094.672.92$1,634
Aug 2012056492.662.91$1,640
Jul 2012080685.133.02$2,435
Jun 2012076379.822.52$1,922
May 2012083691.612.49$2,080
Apr 20120719101.652.00$1,436
Mar 20120753105.052.22$1,673
Feb 20120747101.102.57$1,920
Jan 2012078898.092.73$2,154
Dec 2011068796.873.24$2,226
Nov 2011074795.723.31$2,474
Oct 2011075784.983.65$2,762
Sep 2011075883.623.99$3,021
Aug 2011081183.404.15$3,365
Jul 2011080494.144.52$3,632
Jun 2011090192.904.64$4,181
May 2011069298.134.40$3,048
Apr 20110592105.964.33$2,565
Mar 2011092096.364.06$3,733
Feb 2011073485.644.18$3,068
Jan 2011079486.504.59$3,643
Dec 2010052285.734.35$2,270
Nov 2010048980.843.80$1,856
Oct 2010048178.103.51$1,688
Sep 2010056972.633.98$2,264
Aug 2010070673.684.42$3,120
Jul 2010046372.554.74$2,193
Jun 2010038870.364.91$1,905
May 2010057771.124.24$2,444
Apr 2010056481.694.12$2,325
Mar 2010084178.394.39$3,691
Feb 2010077773.585.44$4,229
Jan 2010085774.365.96$5,111
Dec 2009087671.445.48$4,804
Nov 2009089074.593.75$3,339
Oct 2009092172.544.11$3,786
Sep 2009090165.543.06$2,761
Aug 200901,02167.423.22$3,286
Jul 2009084961.133.46$2,941
Jun 2009077966.163.90$3,034
May 2009097754.743.93$3,835
Apr 2009097946.773.59$3,512
Mar 2009049642.144.06$2,013
Feb 2009045632.814.63$2,113
Jan 2009054735.865.37$2,938
Dec 2008068337.105.98$4,082
Nov 2008083855.496.86$5,749
Oct 2008083775.246.92$5,794
Sep 20080356101.767.88$2,804
Aug 20080544114.228.48$4,615
Jul 20080588131.0811.39$6,697
Jun 20080618131.3313.03$8,054
May 20080720123.1711.57$8,333
Apr 20080709110.3110.45$7,413
Mar 20080548101.909.66$5,296
Feb 2008065592.538.77$5,745
Jan 2008073890.388.21$6,056
Dec 2007099288.337.30$7,244
Nov 2007057191.677.29$4,164
Oct 2007076082.856.92$5,261
Sep 2007086875.846.24$5,420
Aug 200701,12169.066.39$7,161
Jul 200701,15070.906.39$7,346
Jun 200701,12162.007.55$8,462
May 2007092158.747.85$7,226
Apr 200701,05559.617.81$8,234
Mar 200701,25256.927.30$9,142
Feb 200701,16755.108.22$9,588
Jan 200701,17750.306.73$7,918
Dec 200601,17256.656.92$8,108
Nov 2006056954.207.62$4,334
Oct 200601,09354.906.01$6,573
Sep 200601,04860.085.04$5,279
Aug 200601,25268.717.34$9,190
Jul 200601,41169.376.34$8,950
Jun 200601,17166.286.38$7,476
May 200601,23966.016.42$7,961
Apr 200601,37964.397.36$10,150
Mar 200601,52356.707.08$10,787
Feb 200601,32357.597.75$10,255
Jan 20060060.598.93$0
Dec 200501,47254.9413.42$19,747
Nov 200501,10954.6910.59$11,743
Oct 200501,38558.3413.80$19,107
Sep 200501,38161.4512.08$16,681
Aug 200501,52261.519.80$14,911
Jul 200501,71555.697.84$13,452
Jun 2005092752.337.38$6,842
May 200501,02645.226.65$6,824
Apr 200501,21949.207.36$8,972
Mar 200501,56750.377.15$11,212
Feb 200501,36245.226.31$8,597
Jan 200501,20243.166.32$7,599
Dec 200401,36239.866.75$9,195
Nov 200401,69545.286.33$10,730
Oct 200401,73949.706.52$11,330
Sep 200401,67143.245.28$8,829
Aug 200401,89842.375.55$10,535
Jul 200402,02238.286.08$12,302
Jun 200401,92636.106.43$12,390
May 200401,29537.486.49$8,410
Apr 200401,04534.475.86$6,122
Mar 200401,61534.365.53$8,931
Feb 200401,91732.455.51$10,562
Jan 200401,85032.036.30$11,654
Dec 200302,01730.266.30$12,710
Nov 200302,05728.804.60$9,452
Oct 200302,13928.174.76$10,181
Sep 200301,35526.314.75$6,435
Aug 200302,19429.765.13$11,255
Jul 200302,33729.415.17$12,084
Jun 200302,45828.565.98$14,706
May 200302,85726.595.97$17,064
Apr 200302,06126.675.41$11,144
Mar 200302,14831.146.10$13,094
Feb 200302,03533.487.93$16,129
Jan 200302,41430.315.58$13,475
Dec 200202,75526.914.85$13,372
Nov 200202,88124.664.14$11,919
Oct 200202,82326.464.23$11,939
Sep 200202,93127.443.64$10,655
Aug 200203,33925.963.16$10,565
Jul 200203,47424.583.06$10,637
Jun 200203,76123.733.34$12,555
May 200204,17924.663.58$14,978
Apr 200204,41123.653.51$15,493
Mar 200205,28822.003.10$16,407
Feb 200205,43618.222.38$12,914
Jan 200206,80317.172.38$16,162
Dec 200108,61716.932.36$20,374
Nov 20010018.072.41$0
Oct 20010019.782.53$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                  243 Mcf  × $  3.05 =       $740

────────────────────────────────────────────────────
Month total                                     $847

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/188586 is the state's own key, not one this site invented.