WATKINS

Operated by PRIME OPERATING COMPANY (P-5 677770) in the SPRABERRY (TREND AREA) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 17427District 7CField 85279200OilCasinghead gasSaveExport
Value, all time
$23.5 M
Feb 2011 – May 2026
Value, last 12 filed months
$180 k
at the published price for each month
Months reported
184
no gaps in the span
Streams
2
oil, casinghead 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 7,461 leases and 22,481 wells, and the rule below applies to all of them.

Discovered
1904-12-31
as the register files it
Field class
Oil and gas
the register's own label
Between wells
0 ft
minimum
From a lease line
330 ft
minimum

A drilling unit in this field needs at least 80 acres. The field rule took effect on 2016-03-08.

The Commission's schedule remark for this field reads: AREA) 85279200.

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
OilDisposition269,243 bbl$19,714,045
Casinghead gasProduction1,133,761 Mcf$3,815,798
Total$23,529,843

Wells on this lease (9)

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 31.3521, -101.6252. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.8 miles.

31.35196, -101.62494 · 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
11.1%
1 of 9 wells
With a plug date
11.1%
1 of 9 wells
Median depth
11,075 ft
9 wells filed one
Completion to plug
13.9 years
median over 1 well

What the state filed about each well

On the RRC proration schedule
111.1%
A plug date is filed
111.1%
BothOn the schedule and plugged. Neither fact cancels the other.
111.1%
NeitherNo plug date, and not on the schedule.
888.9%

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

Total depth in feet, 9 of 9 wells. Median 11,075 ft, with the middle half between 9,259 and 11,121 ft; the shallowest is 3,420 ft and the deepest 11,160 ft. The median is published rather than the mean, because a single mis-keyed depth moves a mean and cannot move a median.

When they were last completed

Last completion by decade, 9 of 9 wells, Feb 2011 – Feb 2013. This is the LAST completion filed on each wellbore, not the first — a well recompleted in 2019 counts once, in the 2010s.

Completions filed
Feb 2011 – Feb 2013
9 of 9 wells
Plug dates filed
Jan 2025
1 of 9 wells; 8 filed none

Last completion to plug: a median of 13.9 years across the 1 well that filed both dates, with the middle half between 13.9 years and 13.9 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

9 wells

42-38337259611,104 ftFeb 2013
42-38338024911,075 ftDec 2012
42-38337260811,121 ftApr 2012
42-38337422711,157 ftMar 2012
42-3833725843,420 ftNov 2011
42-38337285511,160 ftOct 2011
42-38337257310,972 ftJun 2011
42-3833709029,254 ftFeb 2011
42-3833710819,259 ftFeb 2011Jan 2025Yes

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 (184)

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

184 months

May 20260494106.413.05$1,505
Apr 2026071498.932.87$2,049
Mar 202618285989.753.15$19,040
Feb 2026941,19163.503.75$10,436
Jan 2026551,05659.138.00$11,698
Dec 202510999856.664.41$10,580
Nov 20253101,12058.593.93$22,561
Oct 20251031,46659.383.30$10,961
Sep 20252411,68862.743.08$20,314
Aug 20252861,65063.933.01$23,258
Jul 20252681,56566.743.32$23,075
Jun 20252911,52666.483.13$24,120
May 20252631,49460.553.23$20,754
Apr 20252481,33162.363.54$20,181
Mar 20252161,35367.704.27$20,398
Feb 202532643170.884.34$24,978
Jan 202531849174.324.28$25,735
Dec 2024176068.993.12$2,441
Nov 20243741,16069.052.20$28,375
Oct 20243401,63071.372.28$27,984
Sep 20243861,58169.612.36$30,608
Aug 20244161,11775.632.06$33,767
Jul 20242731,61279.932.15$25,281
Jun 20245052,46778.082.63$45,928
May 20245102,64678.812.20$46,010
Apr 20245292,82484.451.66$49,360
Mar 20246302,72780.301.55$54,803
Feb 202436042276.091.78$28,145
Jan 20247361,82473.023.30$59,758
Dec 20232342,89471.262.61$24,230
Nov 20236412,49877.892.81$56,941
Oct 20234932,36285.443.09$49,414
Sep 20235672,84289.042.74$58,259
Aug 20233641,70380.522.67$33,861
Jul 20234231,74074.852.64$36,258
Jun 20235312,08768.962.26$41,331
May 20235041,96470.622.23$39,967
Apr 20235891,31278.122.24$48,949
Mar 20234061,64972.852.39$33,523
Feb 20234141,69975.112.47$35,285
Jan 20234841,77676.533.39$43,057
Dec 20225391,68176.415.73$50,816
Nov 20224591,76185.005.65$48,958
Oct 20224041,57387.185.86$44,444
Sep 20225401,68784.888.16$59,607
Aug 20224321,64494.529.13$55,838
Jul 20224141,398101.587.54$52,598
Jun 20226111,553115.097.98$82,709
May 20224251,565109.378.43$59,680
Apr 20226451,548104.226.84$77,807
Mar 2022140767108.885.08$19,137
Feb 20223701,21591.054.86$39,592
Jan 20224432,65781.844.54$48,312
Dec 20214322,66271.323.90$41,190
Nov 20218033,69777.435.24$81,537
Oct 20217283,98879.795.71$80,874
Sep 20216133,54769.865.35$61,804
Aug 20215861,41866.024.22$44,673
Jul 202138197670.783.98$30,854
Jun 202102,05069.493.38$6,930
May 202145462063.483.02$30,691
Apr 20214021,39660.362.76$28,115
Mar 20217911,95661.302.72$53,803
Feb 2021121,27657.805.55$7,773
Jan 20213581,74750.412.81$22,956
Dec 20201,1201,76844.642.68$54,727
Nov 20204231,32338.772.71$19,981
Oct 20203641,13236.972.48$16,263
Sep 2020421,57737.091.99$4,698
Aug 20205182,12539.982.39$25,778
Jul 20207733,06238.371.83$35,249
Jun 20207003,19734.901.69$29,834
May 202001,40316.921.81$2,546
Apr 20202242,65414.751.80$8,093
Mar 20208794,73430.341.86$35,456
Feb 20209634,66549.881.98$57,274
Jan 20201,0194,44557.252.09$67,649
Dec 20197624,34159.012.30$54,969
Nov 20197604,59055.302.75$54,654
Oct 20191,2226,71253.472.42$81,574
Sep 20191,1716,70155.052.66$82,270
Aug 20199526,70053.112.30$66,000
Jul 20191,2876,52656.272.46$88,474
Jun 20199666,51452.782.49$67,213
May 20191,2987,03858.482.74$95,193
Apr 20191,5096,93662.632.75$113,588
Mar 20191,3707,41056.803.06$100,506
Feb 20191,5946,49950.852.79$99,202
Jan 20198646,65546.033.23$61,253
Dec 20181,3406,37146.594.19$89,096
Nov 20181,1996,17552.934.24$89,628
Oct 20181,2206,50461.443.40$97,058
Sep 20181,5006,13059.543.11$108,362
Aug 20181,5506,66159.403.07$112,496
Jul 20181,2477,46765.142.93$103,122
Jun 20181,3116,80260.183.08$99,825
May 20181,0526,83965.382.90$88,618
Apr 20182,3157,31263.842.90$169,000
Mar 20181,2106,08061.222.79$91,020
Feb 20189465,08361.782.77$72,504
Jan 20181,2865,60462.874.01$103,319
Dec 20171,8788,71257.272.92$133,005
Nov 20172,4169,76455.423.12$164,342
Oct 20172,8139,11249.292.98$165,840
Sep 20171,0907,15147.523.09$73,874
Aug 20171,7579,40745.373.00$107,977
Jul 20171,9529,90143.873.09$116,201
Jun 20171,5437,79842.493.09$89,637
May 20171,7477,84145.373.26$104,850
Apr 20171,1607,32247.933.21$79,114
Mar 20171,6547,63746.772.98$100,144
Feb 20179715,80450.452.95$66,124
Jan 20171,3397,26649.413.42$91,001
Dec 20162,14510,73448.763.72$144,551
Nov 20162,59111,39742.492.64$140,229
Oct 20162,0389,55446.193.09$123,660
Sep 20161,6357,27441.553.10$90,488
Aug 20161,1576,66441.442.92$67,434
Jul 20161,5927,86241.622.92$89,250
Jun 20161,7589,80945.352.69$106,071
May 20162,41111,22542.521.99$124,865
Apr 20162,1659,59836.561.99$98,262
Mar 20162,31310,44433.011.79$95,089
Feb 20162,1429,33626.472.06$75,965
Jan 20162,4359,14827.352.36$88,226
Dec 20152,3487,45032.362.00$90,892
Nov 20151,1094,36638.792.17$52,481
Oct 20151,2204,69543.552.43$64,524
Sep 20151,3226,22142.992.76$73,993
Aug 20152,1738,95440.162.87$112,988
Jul 20152,26610,44948.152.95$139,881
Jun 20152,5699,88056.152.88$172,732
May 20152,4939,10255.212.96$164,539
Apr 20151,8198,97849.822.71$114,922
Mar 20152,75412,05242.892.93$153,488
Feb 20152,68910,16844.662.98$150,353
Jan 20152,4418,74543.433.10$133,128
Dec 20142,80710,49854.693.59$191,217
Nov 20142,96310,36470.464.25$252,839
Oct 20142,58110,55578.303.90$243,267
Sep 20142,61210,36786.164.05$266,989
Aug 20143,33811,92089.394.04$346,482
Jul 20142,92710,85296.564.18$327,988
Jun 20141,8218,28098.164.74$217,971
May 20142,1079,47294.734.73$244,366
Apr 20143,00414,83495.944.81$359,542
Mar 20143,99417,08695.895.06$469,385
Feb 20142,18511,56497.406.19$284,423
Jan 20143,01113,66090.404.86$338,592
Dec 20133,12713,09391.824.35$344,134
Nov 20133,01614,32688.853.74$321,526
Oct 20133,42715,22297.423.78$391,388
Sep 20133,56416,160104.113.72$431,127
Aug 20133,94618,256104.253.52$475,679
Jul 20133,98518,489102.523.72$477,279
Jun 20134,20118,46794.403.93$469,213
May 20134,39517,25994.834.15$488,387
Apr 20135,17818,31293.964.28$564,948
Mar 20136,64721,02593.623.91$704,560
Feb 20135,52717,37491.233.42$563,646
Jan 20135,02413,50791.603.42$506,391
Dec 20124,42413,95186.773.42$431,585
Nov 20122,3949,06386.953.62$241,011
Oct 20122,4119,36089.383.40$247,316
Sep 20122,38710,43794.672.92$256,437
Aug 20122,75813,84392.662.91$295,814
Jul 20123,86815,47185.133.02$376,018
Jun 20122,76913,54179.822.52$255,132
May 20123,88215,29791.612.49$393,694
Apr 20123,87314,019101.652.00$421,684
Mar 20121,8565,490105.052.22$207,172
Feb 20121,8585,540101.102.57$202,083
Jan 20121,3115,18998.092.73$142,783
Dec 20111,4886,63096.873.24$165,622
Nov 20112,2137,18295.723.31$235,610
Oct 20112,4408,05084.983.65$236,722
Sep 20111,1054,73383.623.99$111,265
Aug 20111,4497,21083.404.15$150,763
Jul 20112,1866,88794.144.52$236,900
Jun 20112,2033,78692.904.64$222,225
May 20111,2953,28698.134.40$141,553
Apr 20111,6653,892105.964.33$193,289
Mar 20112,1583,30296.364.06$221,342
Feb 20110085.644.18$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
Oil                    0 bbl  × $106.41 =         $0
Casinghead gas       494 Mcf  × $  3.05 =     $1,505

────────────────────────────────────────────────────
Month total                                   $1,505

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/O/17427 is the state's own key, not one this site invented.