WATKINS "A"

Name: WATKINS "A" lease production and value, Jan 1993 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

Operated by HEC PETROLEUM, INC. (P-5 370620) 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 8385District 7CField 85279200NGPA filingOilCasinghead gasSave Export

Value, all time

$569 k

Jan 1993 – Sep 2005

Value, last 12 filed months

$2 k

at the published price for each month

Months reported

153

no gaps in the span

Streams

oil, casinghead gas

The SPRABERRY (TREND AREA) field

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.

Programme	Filings	With an approval date	Dated	Docket
NGPA	2	none	—	—

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.

Stream	Basis	Volume	Value
Oil	Disposition	19,540 bbl	$382,356
Casinghead gas	Production	102,969 Mcf	$186,558
Total			$568,914

46,258 Mcf of this lease's gas, across 48 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 (2)

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 31.3667, -101.6994. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.5 miles.

31.36668, -101.69940 · centre of the wells drawn, derived⌘ or Ctrl + scroll to zoom

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%

2 of 2 wells

With a plug date

100.0%

2 of 2 wells

Median depth

8,088 ft

2 wells filed one

Completion to plug

24.9 years

median over 2 wells

What the state filed about each well

On the RRC proration schedule

2100.0%

A plug date is filed

2100.0%

BothOn the schedule and plugged. Neither fact cancels the other.

2100.0%

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 8,075 and 8,100 ft, median 8,088 ft, over the 2 wells that filed a depth.

Completions filed

Jul 1980

2 of 2 wells

Plug dates filed

Jun 2005

2 of 2 wells

Last completion to plug: a median of 24.9 years across the 2 wells that filed both dates, with the middle half between 24.9 years and 24.9 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

2 wells


42-38331616	2	8,075 ft	Jul 1980	Jun 2005	Yes
42-38331615	1	8,100 ft	Jul 1980	Jun 2005	Yes

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 (153)

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

153 months


Sep 2005	0	0	61.45	12.08	$0
Aug 2005	0	0	61.51	9.80	$0
Jul 2005	29	0	55.69	7.84	$1,615
Jun 2005	0	0	52.33	7.38	$0
May 2005	0	0	45.22	6.65	$0
Apr 2005	0	0	49.20	7.36	$0
Mar 2005	0	0	50.37	7.15	$0
Feb 2005	0	0	45.22	6.31	$0
Jan 2005	0	0	43.16	6.32	$0
Dec 2004	0	0	39.86	6.75	$0
Nov 2004	0	0	45.28	6.33	$0
Oct 2004	0	0	49.70	6.52	$0
Sep 2004	0	0	43.24	5.28	$0
Aug 2004	0	0	42.37	5.55	$0
Jul 2004	0	0	38.28	6.08	$0
Jun 2004	0	0	36.10	6.43	$0
May 2004	0	0	37.48	6.49	$0
Apr 2004	0	0	34.47	5.86	$0
Mar 2004	153	240	34.36	5.53	$6,584
Feb 2004	178	336	32.45	5.51	$7,627
Jan 2004	0	370	32.03	6.30	$2,331
Dec 2003	181	378	30.26	6.30	$7,859
Nov 2003	0	364	28.80	4.60	$1,673
Oct 2003	178	389	28.17	4.76	$6,866
Sep 2003	0	365	26.31	4.75	$1,734
Aug 2003	0	376	29.76	5.13	$1,929
Jul 2003	181	395	29.41	5.17	$7,366
Jun 2003	0	377	28.56	5.98	$2,256
May 2003	178	389	26.59	5.97	$7,056
Apr 2003	0	375	26.67	5.41	$2,028
Mar 2003	181	361	31.14	6.10	$7,837
Feb 2003	0	342	33.48	7.93	$2,711
Jan 2003	178	384	30.31	5.58	$7,539
Dec 2002	0	386	26.91	4.85	$1,874
Nov 2002	182	389	24.66	4.14	$6,097
Oct 2002	0	413	26.46	4.23	$1,747
Sep 2002	172	408	27.44	3.64	$6,203
Aug 2002	0	408	25.96	3.16	$1,291
Jul 2002	182	422	24.58	3.06	$5,766
Jun 2002	0	400	23.73	3.34	$1,335
May 2002	179	417	24.66	3.58	$5,909
Apr 2002	0	404	23.65	3.51	$1,419
Mar 2002	184	414	22.00	3.10	$5,333
Feb 2002	0	369	18.22	2.38	$877
Jan 2002	185	416	17.17	2.38	$4,165
Dec 2001	0	411	16.93	2.36	$972
Nov 2001	175	385	18.07	2.41	$4,088
Oct 2001	178	438	19.78	2.53	$4,628
Sep 2001	0	671	24.26	2.25	$1,511
Aug 2001	180	695	24.87	3.05	$6,599
Jul 2001	181	679	23.93	3.20	$6,502
Jun 2001	180	664	24.56	3.82	$6,960
May 2001	179	618	25.52	4.31	$7,230
Apr 2001	177	632	24.68	5.34	$7,740
Mar 2001	0	654	24.54	5.38	$3,516
Feb 2001	183	569	27.75	5.77	$8,360
Jan 2001	0	640	27.47	8.40	$5,375
Dec 2000	184	642	26.88	9.12	$10,803
Nov 2000	183	658	32.21	5.66	$9,617
Oct 2000	181	697	31.23	5.15	$9,239
Sep 2000	0	680	31.87	5.19	$3,527
Aug 2000	178	731	29.64	4.54	$8,595
Jul 2000	180	735	28.53	4.09	$8,141
Jun 2000	179	717	29.30	4.40	$8,398
May 2000	179	764	27.26	3.68	$7,691
Apr 2000	0	739	24.51	3.12	$2,303
Mar 2000	180	766	28.42	2.86	$7,306
Feb 2000	181	724	27.62	2.73	$6,973
Jan 2000	0	781	25.27	2.48	$1,937
Dec 1999	180	636	24.28	2.42	$5,912
Nov 1999	358	665	23.19	2.43	$9,921
Oct 1999	0	770	20.98	2.80	$2,159
Sep 1999	0	772	21.75	2.62	$2,022
Aug 1999	179	846	19.26	2.88	$5,880
Jul 1999	176	843	17.89	2.37	$5,149
Jun 1999	178	807	15.94	2.36	$4,744
May 1999	179	621	15.79	2.32	$4,268
Apr 1999	0	825	15.10	2.21	$1,822
Mar 1999	181	840	12.47	1.84	$3,801
Feb 1999	180	766	9.98	1.82	$3,189
Jan 1999	183	856	10.38	1.90	$3,526
Dec 1998	0	861	9.20	1.77	$1,527
Nov 1998	365	854	10.89	2.19	$5,841
Oct 1998	0	894	12.42	1.97	$1,760
Sep 1998	179	886	12.59	2.08	$4,099
Aug 1998	179	923	11.30	1.91	$3,783
Jul 1998	0	907	11.74	2.24	$2,029
Jun 1998	175	885	11.24	2.24	$3,947
May 1998	171	929	12.62	2.21	$4,208
Apr 1998	180	868	13.04	2.51	$4,522
Mar 1998	182	910	12.80	2.31	$4,431
Feb 1998	0	826	13.95	2.30	$1,899
Jan 1998	349	915	14.70	2.15	$7,102
Dec 1997	0	920	16.32	2.41	$2,218
Nov 1997	171	902	18.19	3.09	$5,896
Oct 1997	179	941	19.25	3.15	$6,410
Sep 1997	179	882	17.74	2.95	$5,782
Aug 1997	178	973	17.86	2.55	$5,665
Jul 1997	0	961	17.58	2.25	$2,159
Jun 1997	177	821	17.24	2.26	$4,905
May 1997	177	981	18.97	2.31	$5,622
Apr 1997	177	768	17.88	2.08	$4,764
Mar 1997	172	985	18.95	1.94	$5,169
Feb 1997	181	882	20.49	2.21	$5,654
Jan 1997	0	813	23.48	3.54	$2,878
Dec 1996	181	953	23.32	—	$4,221
Nov 1996	180	970	21.97	—	$3,955
Oct 1996	175	1,001	23.31	—	$4,079
Sep 1996	177	972	22.22	—	$3,933
Aug 1996	0	1,019	20.26	—	$0
Jul 1996	177	1,031	19.55	—	$3,460
Jun 1996	177	984	18.73	—	$3,315
May 1996	169	1,008	19.43	—	$3,284
Apr 1996	171	616	21.51	—	$3,678
Mar 1996	180	13	19.38	—	$3,488
Feb 1996	164	829	16.98	—	$2,785
Jan 1996	172	927	17.07	—	$2,936
Dec 1995	176	927	17.19	—	$3,025
Nov 1995	175	927	16.00	—	$2,800
Oct 1995	177	1,015	15.43	—	$2,731
Sep 1995	177	1,012	16.18	—	$2,864
Aug 1995	172	1,044	15.92	—	$2,738
Jul 1995	179	1,039	15.24	—	$2,728
Jun 1995	172	1,037	16.41	—	$2,823
May 1995	0	943	17.56	—	$0
Apr 1995	360	765	17.73	—	$6,383
Mar 1995	181	1,199	16.44	—	$2,976
Feb 1995	180	937	16.58	—	$2,984
Jan 1995	186	893	15.92	—	$2,961
Dec 1994	179	1,045	15.03	—	$2,690
Nov 1994	181	1,020	15.90	—	$2,878
Oct 1994	177	1,065	15.58	—	$2,758
Sep 1994	179	1,039	15.29	—	$2,737
Aug 1994	177	1,039	16.13	—	$2,855
Jul 1994	181	1,044	17.56	—	$3,178
Jun 1994	180	1,034	17.09	—	$3,076
May 1994	180	912	15.88	—	$2,858
Apr 1994	495	941	14.14	—	$6,999
Mar 1994	174	1,001	12.46	—	$2,168
Feb 1994	173	765	12.50	—	$2,163
Jan 1994	0	902	12.66	—	$0
Dec 1993	0	979	12.33	—	$0
Nov 1993	350	1,025	14.49	—	$5,072
Oct 1993	169	1,066	15.85	—	$2,679
Sep 1993	178	1,118	15.03	—	$2,675
Aug 1993	171	1,134	15.66	—	$2,678
Jul 1993	181	1,122	15.46	—	$2,798
Jun 1993	344	1,059	16.79	—	$5,776
May 1993	173	1,081	17.68	—	$3,059
Apr 1993	175	809	18.05	—	$3,159
Mar 1993	358	1,038	18.14	—	$6,494
Feb 1993	180	929	17.90	—	$3,222
Jan 1993	183	1,030	16.93	—	$3,098

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 2005 — as filed, then multipliedworked

Oil                   29 bbl  × $ 55.69 =     $1,615
Casinghead gas         0 Mcf  × $  7.84 =         $0

────────────────────────────────────────────────────
Month total                                   $1,615

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/8385 is the state's own key, not one this site invented.