WATKINS "1204B"

Operated by PIONEER NATURAL RES. USA, INC. (P-5 665748) 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 18206District 7CField 85279200OilCasinghead gasSaveExport
Value, all time
$2.9 M
Nov 2012 – Jul 2024
Value, last 12 filed months
$43
at the published price for each month
Months reported
141
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
OilDisposition35,690 bbl$2,517,568
Casinghead gasProduction96,647 Mcf$333,175
Total$2,850,742

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 31.3544, -101.6406. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.35439, -101.64058 · 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
100.0%
1 of 1 wells
With a plug date
100.0%
1 of 1 wells
Median depth
10,695 ft
1 wells filed one
Completion to plug
11.7 years
median over 1 well

What the state filed about each well

On the RRC proration schedule
1100.0%
A plug date is filed
1100.0%
BothOn the schedule and plugged. Neither fact cancels the other.
1100.0%
NeitherNo plug date, and not on the schedule.
00.0%

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 10,695 ft.

Completions filed
Nov 2012
1 of 1 wells
Plug dates filed
Jul 2024
1 of 1 wells

Last completion to plug: a median of 11.7 years across the 1 well that filed both dates, with the middle half between 11.7 years and 11.7 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-38337766110,695 ftNov 2012Jul 2024Yes

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 (141)

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

141 months

Jul 20240079.932.15$0
Jun 20240078.082.63$0
May 20240078.812.20$0
Apr 20240084.451.66$0
Mar 20240080.301.55$0
Feb 20240076.091.78$0
Jan 20240073.023.30$0
Dec 20230071.262.61$0
Nov 20230077.892.81$0
Oct 20230085.443.09$0
Sep 20230089.042.74$0
Aug 202301680.522.67$43
Jul 20230474.852.64$11
Jun 20230068.962.26$0
May 20230070.622.23$0
Apr 202309678.122.24$215
Mar 20230072.852.39$0
Feb 20230075.112.47$0
Jan 20230076.533.39$0
Dec 20220076.415.73$0
Nov 20220085.005.65$0
Oct 20220087.185.86$0
Sep 20220084.888.16$0
Aug 20220094.529.13$0
Jul 202200101.587.54$0
Jun 202200115.097.98$0
May 20222680109.378.43$29,311
Apr 202200104.226.84$0
Mar 202200108.885.08$0
Feb 20220091.054.86$0
Jan 2022326181.844.54$1,430
Dec 20213245571.323.90$4,056
Nov 20216128777.435.24$6,226
Oct 202122227279.795.71$19,268
Sep 20214250569.865.35$5,636
Aug 202117344466.024.22$13,295
Jul 202127043370.783.98$20,835
Jun 20218426869.493.38$6,743
May 2021017063.483.02$513
Apr 20213023060.362.76$2,445
Mar 202113155861.302.72$9,546
Feb 20214222357.805.55$3,665
Jan 202112216350.412.81$6,608
Dec 202021717944.642.68$10,166
Nov 202020831438.772.71$8,914
Oct 202022136036.972.48$9,063
Sep 202040231737.091.99$15,541
Aug 202032753939.982.39$14,359
Jul 202025447738.371.83$10,617
Jun 202004834.901.69$81
May 202008416.921.81$152
Apr 202005214.751.80$94
Mar 2020014630.341.86$271
Feb 20205214649.881.98$2,883
Jan 202024958457.252.09$15,479
Dec 201935266259.012.30$22,297
Nov 201925976355.302.75$16,421
Oct 201933385153.472.42$19,864
Sep 201925464255.052.66$15,689
Aug 201927751853.112.30$15,905
Jul 201934367356.272.46$20,956
Jun 201930261452.782.49$17,469
May 201929874658.482.74$19,471
Apr 201923654262.632.75$16,272
Mar 20194271,06456.803.06$27,512
Feb 201920583450.852.79$12,753
Jan 20198625246.033.23$4,772
Dec 20187921646.594.19$4,585
Nov 201813931952.934.24$8,709
Oct 201813740761.443.40$9,800
Sep 20189335659.543.11$6,644
Aug 20187535959.403.07$5,556
Jul 20187935165.142.93$6,175
Jun 201812623160.183.08$8,293
May 201813630265.382.90$9,768
Apr 201814241163.842.90$10,258
Mar 201814443661.222.79$10,031
Feb 201815545461.782.77$10,832
Jan 201813239062.874.01$9,862
Dec 201717160357.272.92$11,555
Nov 201720754555.423.12$13,171
Oct 201720660049.292.98$11,944
Sep 201714445647.523.09$8,251
Aug 201716754745.373.00$9,220
Jul 201726258043.873.09$13,285
Jun 201721247142.493.09$10,462
May 201752966545.373.26$26,171
Apr 201737964547.933.21$20,237
Mar 20173171,03546.772.98$17,914
Feb 201738996850.452.95$22,483
Jan 201738699949.413.42$22,488
Dec 20164291,01648.763.72$24,700
Nov 201638597842.492.64$18,945
Oct 20164671,09846.193.09$24,964
Sep 20162681,02541.553.10$14,314
Aug 20162021,11741.442.92$11,637
Jul 20162151,11841.622.92$12,218
Jun 20162091,08945.352.69$12,403
May 20161641,06342.521.99$9,090
Apr 20162261,05636.561.99$10,365
Mar 20163021,05833.011.79$11,867
Feb 20162541,00626.472.06$8,799
Jan 20162461,08027.352.36$9,282
Dec 20153461,13632.362.00$13,470
Nov 20152681,07738.792.17$12,730
Oct 20152751,17843.552.43$14,835
Sep 20152481,10942.992.76$13,721
Aug 20152701,27540.162.87$14,506
Jul 20152891,27548.152.95$17,670
Jun 20153301,10156.152.88$21,704
May 20153451,19055.212.96$22,564
Apr 20153211,16149.822.71$19,135
Mar 20153301,20542.892.93$17,690
Feb 201520896644.662.98$12,164
Jan 201526689543.433.10$14,327
Dec 20143891,34054.693.59$26,087
Nov 20144851,78070.464.25$41,741
Oct 20144471,67678.303.90$41,538
Sep 20144141,73786.164.05$42,697
Aug 20145062,25989.394.04$54,347
Jul 20145202,01796.564.18$58,641
Jun 20145021,97898.164.74$58,646
May 20145491,98294.734.73$61,375
Apr 20146672,01895.944.81$73,697
Mar 20145901,76695.895.06$65,505
Feb 20144401,85597.406.19$54,342
Jan 20147322,36390.404.86$77,659
Dec 20137851,93391.824.35$80,496
Nov 20136411,44188.853.74$62,340
Oct 20137051,67997.423.78$75,027
Sep 20134681,285104.113.72$53,501
Aug 20137861,414104.253.52$86,921
Jul 20139781,680102.523.72$106,510
Jun 20139811,65294.403.93$99,104
May 20139921,12894.834.15$98,752
Apr 20131,1141,14593.964.28$109,575
Mar 20139951,14493.623.91$97,628
Feb 20139251,92591.233.42$90,971
Jan 20138941,45091.603.42$86,849
Dec 20127341,46086.773.42$68,683
Nov 2012013086.953.62$471

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.

Aug 2023 — as filed, then multipliedworked
Oil                    0 bbl  × $ 80.52 =         $0
Casinghead gas        16 Mcf  × $  2.67 =        $43

────────────────────────────────────────────────────
Month total                                      $43

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/18206 is the state's own key, not one this site invented.