WATKINS, J. L.

Operated by V-F PETROLEUM INC. (P-5 880375) 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 6723District 7CField 85279200NGPA filingOilCasinghead gasSaveExport
Value, all time
$1.3 M
Jan 1993 – Sep 2020
Value, last 12 filed months
$11 k
at the published price for each month
Months reported
333
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.

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
NGPA4none

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
OilDisposition24,398 bbl$907,052
Casinghead gasProduction125,809 Mcf$383,541
Total$1,290,592

44,545 Mcf of this lease's gas, across 47 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 (4)

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 31.3670, -101.6266. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.9 miles.

31.36731, -101.62400 · 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%
4 of 4 wells
With a plug date
100.0%
4 of 4 wells
Median depth
7,900 ft
4 wells filed one
Completion to plug
33.7 years
median over 4 wells

What the state filed about each well

On the RRC proration schedule
4100.0%
A plug date is filed
4100.0%
BothOn the schedule and plugged. Neither fact cancels the other.
4100.0%
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

Between 7,840 and 7,900 ft, median 7,900 ft, over the 4 wells that filed a depth.

Completions filed
Sep 1975 – May 1988
4 of 4 wells
Plug dates filed
May 2002 – May 2020
4 of 4 wells

Last completion to plug: a median of 33.7 years across the 4 wells that filed both dates, with the middle half between 25.6 years and 39.6 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

4 wells

42-3833064727,900 ftMay 1988May 2002Yes
42-3833066947,840 ftNov 1975Sep 2013Yes
42-3833066837,900 ftOct 1975Mar 2005Yes
42-3833061617,900 ftSep 1975May 2020Yes

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 (333)

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

333 months

Sep 20200037.091.99$0
Aug 20200039.982.39$0
Jul 202038038.371.83$1,458
Jun 20200034.901.69$0
May 20200016.921.81$0
Apr 20200014.751.80$0
Mar 20200030.341.86$0
Feb 20200049.881.98$0
Jan 20201057.252.09$57
Dec 2019164059.012.30$9,678
Nov 20190055.302.75$0
Oct 20190053.472.42$0
Sep 20195055.052.66$275
Aug 20191053.112.30$53
Jul 2019178056.272.46$10,016
Jun 20190052.782.49$0
May 20190058.482.74$0
Apr 20190062.632.75$0
Mar 20191056.803.06$57
Feb 20190050.852.79$0
Jan 2019156046.033.23$7,181
Dec 201807546.594.19$314
Nov 20180052.934.24$0
Oct 20180061.443.40$0
Sep 20180059.543.11$0
Aug 2018179059.403.07$10,633
Jul 20180065.142.93$0
Jun 20181060.183.08$60
May 20180365.382.90$9
Apr 2018181063.842.90$11,555
Mar 20182061.222.79$122
Feb 20180061.782.77$0
Jan 20181062.874.01$63
Dec 201701257.272.92$35
Nov 20170055.423.12$0
Oct 20170049.292.98$0
Sep 20170047.523.09$0
Aug 20170045.373.00$0
Jul 20170043.873.09$0
Jun 20170042.493.09$0
May 20170045.373.26$0
Apr 20170047.933.21$0
Mar 20170746.772.98$21
Feb 20170050.452.95$0
Jan 201702149.413.42$72
Dec 201604948.763.72$182
Nov 2016110542.492.64$320
Oct 2016112846.193.09$442
Sep 201604841.553.10$149
Aug 20160041.442.92$0
Jul 20165041.622.92$208
Jun 201636545.352.69$311
May 2016111942.521.99$279
Apr 201618510636.561.99$6,975
Mar 2016012633.011.79$226
Feb 2016011026.472.06$227
Jan 201607727.352.36$182
Dec 201501532.362.00$30
Nov 201502038.792.17$43
Oct 20150943.552.43$22
Sep 201501242.992.76$33
Aug 201501040.162.87$29
Jul 201503348.152.95$97
Jun 201502256.152.88$63
May 201509855.212.96$290
Apr 2015010549.822.71$284
Mar 20150042.892.93$0
Feb 20150044.662.98$0
Jan 20150043.433.10$0
Dec 20140054.693.59$0
Nov 201402070.464.25$85
Oct 201404878.303.90$187
Sep 2014116786.164.05$762
Aug 201418814089.394.04$17,370
Jul 2014315396.564.18$929
Jun 201418015198.164.74$18,384
May 201404994.734.73$232
Apr 20141095.944.81$96
Mar 20140895.895.06$40
Feb 201403297.406.19$198
Jan 201405090.404.86$243
Dec 20131906491.824.35$17,724
Nov 2013821488.853.74$1,511
Oct 2013624597.423.78$1,510
Sep 20130241104.113.72$896
Aug 2013182364104.253.52$20,256
Jul 20131466102.523.72$1,835
Jun 2013149794.403.93$2,049
May 2013154994.834.15$2,373
Apr 2013023693.964.28$1,011
Mar 2013247293.623.91$2,034
Feb 2013543191.233.42$1,930
Jan 201318547091.603.42$18,553
Dec 2012148286.773.42$1,735
Nov 2012045386.953.62$1,642
Oct 2012047289.383.40$1,605
Sep 201217747094.672.92$18,128
Aug 2012055292.662.91$1,605
Jul 2012047585.133.02$1,435
Jun 2012017579.822.52$441
May 2012037691.612.49$936
Apr 20125480101.652.00$1,467
Mar 20120437105.052.22$971
Feb 20120438101.102.57$1,126
Jan 201218945398.092.73$19,778
Dec 2011045496.873.24$1,471
Nov 2011046495.723.31$1,536
Oct 201118749084.983.65$17,679
Sep 2011043283.623.99$1,722
Aug 2011053183.404.15$2,203
Jul 2011056894.144.52$2,566
Jun 201118254792.904.64$19,446
May 2011352098.134.40$2,585
Apr 20110420105.964.33$1,820
Mar 2011021096.364.06$852
Feb 2011035285.644.18$1,471
Jan 201135549786.504.59$32,988
Dec 2010052085.734.35$2,261
Nov 2010051380.843.80$1,947
Oct 2010052678.103.51$1,846
Sep 20100072.633.98$0
Aug 2010146673.684.42$2,133
Jul 201034552372.554.74$27,507
Jun 2010148270.364.91$2,437
May 2010047771.124.24$2,020
Apr 2010048981.694.12$2,016
Mar 2010048678.394.39$2,133
Feb 201031744873.585.44$25,763
Jan 2010049874.365.96$2,970
Dec 2009545871.445.48$2,869
Nov 200936345874.593.75$28,794
Oct 2009048272.544.11$1,981
Sep 2009042965.543.06$1,315
Aug 2009045867.423.22$1,474
Jul 2009018861.133.46$651
Jun 2009347266.163.90$2,037
May 200916933454.743.93$10,562
Apr 2009033346.773.59$1,195
Mar 2009018042.144.06$731
Feb 2009021332.814.63$987
Jan 200918445335.865.37$9,031
Dec 2008047237.105.98$2,821
Nov 2008031455.496.86$2,154
Oct 200817831775.246.92$15,587
Sep 20080243101.767.88$1,914
Aug 2008186492114.228.48$25,419
Jul 20080321131.0811.39$3,656
Jun 20080201131.3313.03$2,620
May 20080478123.1711.57$5,533
Apr 2008177481110.3110.45$24,554
Mar 20081547101.909.66$5,388
Feb 200816847292.538.77$19,685
Jan 2008042790.388.21$3,504
Dec 2007026288.337.30$1,913
Nov 200717824391.677.29$18,089
Oct 2007027482.856.92$1,897
Sep 200735548575.846.24$29,952
Aug 2007153869.066.39$3,506
Jul 2007158570.906.39$3,808
Jun 2007011662.007.55$876
May 2007039158.747.85$3,068
Apr 2007241459.617.81$3,351
Mar 2007234256.927.30$2,611
Feb 2007143655.108.22$3,637
Jan 200717643250.306.73$11,759
Dec 2006034156.656.92$2,359
Nov 200617745854.207.62$13,082
Oct 2006144554.906.01$2,731
Sep 200617747460.085.04$13,022
Aug 2006050368.717.34$3,692
Jul 200617352669.376.34$15,337
Jun 2006153966.286.38$3,507
May 200617753366.016.42$15,108
Apr 200617456064.397.36$15,326
Mar 2006220456.707.08$1,558
Feb 2006032657.597.75$2,527
Jan 200617941360.598.93$14,535
Dec 2005143254.9413.42$5,850
Nov 2005018754.6910.59$1,980
Oct 2005024058.3413.80$3,311
Sep 2005242461.4512.08$5,244
Aug 2005051461.519.80$5,036
Jul 200517829255.697.84$12,203
Jun 2005177052.337.38$9,262
May 20051761045.226.65$8,025
Apr 200505349.207.36$390
Mar 20051818850.377.15$9,747
Feb 200509045.226.31$568
Jan 200518615543.166.32$9,008
Dec 200418027339.866.75$9,018
Nov 2004647145.286.33$3,253
Oct 200418659849.706.52$13,140
Sep 2004019843.245.28$1,046
Aug 2004020842.375.55$1,155
Jul 2004022238.286.08$1,351
Jun 2004019536.106.43$1,254
May 2004021437.486.49$1,390
Apr 2004017734.475.86$1,037
Mar 200418630234.365.53$8,061
Feb 20041022632.455.51$1,570
Jan 2004837032.036.30$2,587
Dec 2003233930.266.30$2,197
Nov 200317936528.804.60$6,832
Oct 2003030428.174.76$1,447
Sep 2003023426.314.75$1,111
Aug 2003033129.765.13$1,698
Jul 200318446829.415.17$7,831
Jun 2003323928.565.98$1,516
May 2003027126.595.97$1,619
Apr 2003025526.675.41$1,379
Mar 2003029831.146.10$1,817
Feb 2003030233.487.93$2,394
Jan 200318741130.315.58$7,962
Dec 200218642726.914.85$7,078
Nov 2002040524.664.14$1,675
Oct 200218628926.464.23$6,144
Sep 2002043927.443.64$1,596
Aug 2002048025.963.16$1,519
Jul 200218049424.583.06$5,937
Jun 200218334223.733.34$5,484
May 200210966424.663.58$5,068
Apr 2002034423.653.51$1,208
Mar 2002042222.003.10$1,309
Feb 200217353318.222.38$4,418
Jan 200217955117.172.38$4,382
Dec 200116656616.932.36$4,149
Nov 200116548118.072.41$4,139
Oct 200116748919.782.53$4,540
Sep 200115448724.262.25$4,832
Aug 200115353324.873.05$5,432
Jul 20018156523.933.20$3,745
Jun 2001034524.563.82$1,319
May 20018751425.524.31$4,434
Apr 20018568224.685.34$5,736
Mar 200118057124.545.38$7,487
Feb 20019348327.755.77$5,366
Jan 200118850227.478.40$9,381
Dec 2000052626.889.12$4,798
Nov 200018164132.215.66$9,457
Oct 200018568031.235.15$9,276
Sep 20009058631.875.19$5,908
Aug 200026452529.644.54$10,209
Jul 2000032628.534.09$1,333
Jun 20008330929.304.40$3,791
May 20008832727.263.68$3,602
Apr 200016849624.513.12$5,663
Mar 200018150528.422.86$6,588
Feb 200017750727.622.73$6,271
Jan 20009130025.272.48$3,044
Dec 199918413224.282.42$4,787
Nov 1999025523.192.43$621
Oct 199918042420.982.80$4,965
Sep 19994522021.752.62$1,555
Aug 199927140619.262.88$6,387
Jul 199917038717.892.37$3,959
Jun 1999015315.942.36$361
May 1999011615.792.32$269
Apr 1999017915.102.21$395
Mar 1999018112.471.84$333
Feb 199901449.981.82$262
Jan 1999026410.381.90$502
Dec 199802869.201.77$507
Nov 1998034510.892.19$754
Oct 1998035512.421.97$699
Sep 1998035812.592.08$746
Aug 1998034811.301.91$664
Jul 1998030011.742.24$671
Jun 1998024211.242.24$541
May 1998025412.622.21$560
Apr 1998029413.042.51$737
Mar 1998031512.802.31$727
Feb 199814427013.952.30$2,630
Jan 1998024714.702.15$532
Dec 1997034416.322.41$829
Nov 199717833518.193.09$4,272
Oct 19979128619.253.15$2,653
Sep 1997038317.742.95$1,132
Aug 1997055317.862.55$1,413
Jul 199711976717.582.25$3,815
Jun 19978057017.242.26$2,666
May 1997070718.972.31$1,632
Apr 199740253617.882.08$8,304
Mar 1997043918.951.94$851
Feb 1997061520.492.21$1,357
Jan 199745448123.483.54$12,363
Dec 1996031523.32$0
Nov 199615448321.97$3,383
Oct 19964839823.31$1,119
Sep 19965776522.22$1,267
Aug 19965240020.26$1,054
Jul 199623551319.55$4,594
Jun 19964853518.73$899
May 19967524019.43$1,457
Apr 1996861721.51$1,850
Mar 1996255019.38$4,942
Feb 199614817716.98$2,513
Jan 199629166317.07$4,967
Dec 19959173017.19$1,564
Nov 199518360016.00$2,928
Oct 19958973215.43$1,373
Sep 19959082616.18$1,456
Aug 199517981015.92$2,850
Jul 19957675315.24$1,158
Jun 19956969316.41$1,132
May 19956463017.56$1,124
Apr 199516471717.73$2,908
Mar 199516779016.44$2,745
Feb 19952054516.58$332
Jan 199521090115.92$3,343
Dec 199433280515.03$4,990
Nov 199417661215.90$2,798
Oct 199417480015.58$2,711
Sep 1994069615.29$0
Aug 19943141,54116.13$5,065
Jul 19943361,73417.56$5,900
Jun 1994111,39417.09$188
May 19943411,39715.88$5,415
Apr 19941481,57714.14$2,093
Mar 19946702,05112.46$8,348
Feb 19946991,61112.50$8,738
Jan 19941781,64812.66$2,253
Dec 19931771,89312.33$2,182
Nov 19931651,12814.49$2,391
Oct 19933151,11615.85$4,993
Sep 19934121,27215.03$6,192
Aug 1993961,41715.66$1,503
Jul 1993451,39115.46$696
Jun 19931661,21416.79$2,787
May 19933361,61517.68$5,940
Apr 199318492818.05$3,321
Mar 19933271,21618.14$5,932
Feb 19931731,01617.90$3,097
Jan 19931671,24016.93$2,827

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.

Jul 2020 — as filed, then multipliedworked
Oil                   38 bbl  × $ 38.37 =     $1,458
Casinghead gas         0 Mcf  × $  1.83 =         $0

────────────────────────────────────────────────────
Month total                                   $1,458

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/6723 is the state's own key, not one this site invented.