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 246318District 7CField 679952002 tax incentive programmesCondensateGasSaveExport
Value, all time
$446 k
Dec 2008 – May 2026
Value, last 12 filed months
$5 k
at the published price for each month
Months reported
210
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 Gas112009-07-31193503
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$766
GasProduction121,055 Mcf$445,023
Total$445,790

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 30.4089, -101.4188. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

30.40885, -101.41876 · 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
6,500 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 6,500 ft.

Completions filed
Dec 2008
1 of 1 wells

1 well

42-105408499096,500 ftDec 2008

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 (210)

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

210 months

May 20260120106.413.05$366
Apr 2026114698.932.87$518
Mar 20261089.753.15$90
Feb 202626363.503.75$363
Jan 202605859.138.00$464
Dec 202501556.664.41$66
Nov 2025116158.593.93$691
Oct 2025018459.383.30$608
Sep 2025015962.743.08$489
Aug 2025117863.933.01$601
Jul 2025117866.743.32$657
Jun 2025018266.483.13$569
May 2025118260.553.23$649
Apr 2025116062.363.54$629
Mar 2025119967.704.27$917
Feb 2025118470.884.34$870
Jan 20250074.324.28$0
Dec 2024020568.993.12$640
Nov 2024023869.052.20$523
Oct 2024022371.372.28$509
Sep 2024018769.612.36$442
Aug 2024023175.632.06$477
Jul 2024022579.932.15$483
Jun 2024022378.082.63$587
May 2024023778.812.20$521
Apr 2024024284.451.66$402
Mar 2024025280.301.55$389
Feb 2024024876.091.78$442
Jan 2024030673.023.30$1,009
Dec 2023029371.262.61$765
Nov 2023027277.892.81$764
Oct 2023021585.443.09$664
Sep 2023028289.042.74$771
Aug 2023014480.522.67$385
Jul 2023021674.852.64$571
Jun 2023026468.962.26$596
May 2023029870.622.23$664
Apr 2023026878.122.24$600
Mar 2023031672.852.39$756
Feb 2023039675.112.47$976
Jan 20230076.533.39$0
Dec 20220076.415.73$0
Nov 2022026185.005.65$1,474
Oct 2022036387.185.86$2,129
Sep 2022014184.888.16$1,151
Aug 2022029494.529.13$2,683
Jul 20220269101.587.54$2,029
Jun 20220251115.097.98$2,002
May 20220288109.378.43$2,429
Apr 20220249104.226.84$1,703
Mar 20220298108.885.08$1,513
Feb 2022024691.054.86$1,195
Jan 2022028281.844.54$1,280
Dec 2021028471.323.90$1,107
Nov 2021028877.435.24$1,508
Oct 2021030479.795.71$1,737
Sep 2021028269.865.35$1,509
Aug 2021031566.024.22$1,329
Jul 2021031770.783.98$1,262
Jun 2021030069.493.38$1,014
May 2021024663.483.02$742
Apr 2021019460.362.76$535
Mar 2021026661.302.72$723
Feb 2021028757.805.55$1,592
Jan 2021032650.412.81$916
Dec 2020030244.642.68$808
Nov 2020032638.772.71$882
Oct 2020034636.972.48$858
Sep 2020029537.091.99$587
Aug 2020032539.982.39$775
Jul 2020033038.371.83$602
Jun 2020032934.901.69$556
May 2020034716.921.81$630
Apr 2020038414.751.80$693
Mar 2020039030.341.86$724
Feb 2020037849.881.98$749
Jan 2020040157.252.09$840
Dec 2019039759.012.30$915
Nov 2019037655.302.75$1,034
Oct 2019037653.472.42$909
Sep 2019037655.052.66$999
Aug 2019039653.112.30$913
Jul 2019039856.272.46$979
Jun 2019037752.782.49$939
May 2019044658.482.74$1,222
Apr 2019042662.632.75$1,172
Mar 2019043556.803.06$1,332
Feb 2019037250.852.79$1,039
Jan 2019043846.033.23$1,414
Dec 2018045546.594.19$1,904
Nov 2018042852.934.24$1,814
Oct 2018045061.443.40$1,529
Sep 2018048359.543.11$1,501
Aug 2018041159.403.07$1,260
Jul 2018046265.142.93$1,355
Jun 2018043860.183.08$1,348
May 2018045965.382.90$1,331
Apr 2018048263.842.90$1,398
Mar 2018051761.222.79$1,441
Feb 2018045461.782.77$1,256
Jan 2018051962.874.01$2,081
Dec 2017050557.272.92$1,475
Nov 2017050955.423.12$1,587
Oct 2017049649.292.98$1,480
Sep 2017048447.523.09$1,494
Aug 2017047345.373.00$1,421
Jul 2017052543.873.09$1,621
Jun 2017049642.493.09$1,531
May 2017062845.373.26$2,049
Apr 2017021447.933.21$687
Mar 2017056746.772.98$1,692
Feb 2017053350.452.95$1,574
Jan 2017055249.413.42$1,887
Dec 2016055048.763.72$2,048
Nov 2016053242.492.64$1,407
Oct 2016056346.193.09$1,740
Sep 2016045341.553.10$1,405
Aug 2016045141.442.92$1,319
Jul 2016046741.622.92$1,366
Jun 2016044945.352.69$1,206
May 2016048742.521.99$970
Apr 2016046836.561.99$932
Mar 2016050133.011.79$899
Feb 2016047526.472.06$980
Jan 2016051627.352.36$1,220
Dec 2015053132.362.00$1,063
Nov 2015051938.792.17$1,125
Oct 2015056043.552.43$1,359
Sep 2015068242.992.76$1,881
Aug 2015062640.162.87$1,798
Jul 2015072748.152.95$2,141
Jun 2015034956.152.88$1,006
May 2015051255.212.96$1,513
Apr 2015053249.822.71$1,440
Mar 2015060442.892.93$1,773
Feb 2015068944.662.98$2,051
Jan 2015055643.433.10$1,724
Dec 2014053354.693.59$1,914
Nov 2014050570.464.25$2,147
Oct 2014053978.303.90$2,103
Sep 2014052386.164.05$2,116
Aug 2014053989.394.04$2,175
Jul 2014053496.564.18$2,232
Jun 2014052598.164.74$2,487
May 2014055994.734.73$2,642
Apr 2014060095.944.81$2,885
Mar 2014056895.895.06$2,872
Feb 2014062497.406.19$3,864
Jan 2014073190.404.86$3,553
Dec 2013062991.824.35$2,739
Nov 2013054188.853.74$2,022
Oct 2013069497.423.78$2,623
Sep 20130683104.113.72$2,539
Aug 20130721104.253.52$2,540
Jul 20130722102.523.72$2,684
Jun 2013078594.403.93$3,088
May 2013063294.834.15$2,622
Apr 2013091093.964.28$3,897
Mar 2013043193.623.91$1,686
Feb 2013076491.233.42$2,613
Jan 2013060891.603.42$2,079
Dec 2012084686.773.42$2,893
Nov 2012082686.953.62$2,994
Oct 2012087189.383.40$2,961
Sep 2012085194.672.92$2,484
Aug 2012088592.662.91$2,574
Jul 2012090485.133.02$2,731
Jun 2012088479.822.52$2,227
May 2012093191.612.49$2,317
Apr 20120930101.652.00$1,857
Mar 20120848105.052.22$1,884
Feb 20120888101.102.57$2,282
Jan 2012096198.092.73$2,627
Dec 2011095596.873.24$3,094
Nov 2011096395.723.31$3,189
Oct 2011099284.983.65$3,619
Sep 2011098183.623.99$3,910
Aug 201101,06383.404.15$4,411
Jul 201101,07694.144.52$4,861
Jun 201101,08192.904.64$5,016
May 201101,14698.134.40$5,048
Apr 20110923105.964.33$4,000
Mar 201101,14196.364.06$4,629
Feb 201101,04385.644.18$4,360
Jan 201101,19486.504.59$5,479
Dec 201001,23085.734.35$5,348
Nov 201001,21780.843.80$4,619
Oct 201001,30578.103.51$4,579
Sep 201001,31672.633.98$5,237
Aug 201001,43473.684.42$6,337
Jul 201001,42672.554.74$6,754
Jun 201001,03670.364.91$5,087
May 2010071171.124.24$3,011
Apr 2010091281.694.12$3,760
Mar 201001,10578.394.39$4,849
Feb 201001,08273.585.44$5,889
Jan 201001,35674.365.96$8,087
Dec 200901,39271.445.48$7,633
Nov 200901,37774.593.75$5,166
Oct 200901,46572.544.11$6,022
Sep 200901,45765.543.06$4,465
Aug 200901,35567.423.22$4,361
Jul 200901,41861.133.46$4,913
Jun 200901,44966.163.90$5,644
May 200901,60954.743.93$6,317
Apr 200901,74246.773.59$6,249
Mar 200901,97742.144.06$8,025
Feb 200902,13232.814.63$9,878
Jan 200902,96335.865.37$15,914
Dec 2008090037.105.98$5,379

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             0 bbl  × $106.41 =         $0
Gas                  120 Mcf  × $  3.05 =       $366

────────────────────────────────────────────────────
Month total                                     $366

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/246318 is the state's own key, not one this site invented.