WATERS, F. M.

Operated by GRACE PETROLEUM OPERATING, LLC (P-5 319765) in the MONARCH (SAN ANDRES) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 63223District 8AField 62430500Hydrogen sulphide fieldNGPA filingOilCasinghead gasSaveExport
Value, all time
$7.7 M
Jan 1993 – May 2026
Value, last 12 filed months
$217 k
at the published price for each month
Months reported
401
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 leases and 11 wells, and the rule below applies to all of them.

Discovered
1981-02-15
as the register files it
Field class
Oil
the register's own label
Between wells
330 ft
minimum
From a lease line
330 ft
minimum

A drilling unit in this field needs at least 20 acres. The field rule took effect on 2017-10-10.

The register flags this field for hydrogen sulphide. That is a poisonous gas that occurs naturally in some formations. The flag is a property of the field as the Commission records it. It is not a measurement taken at this lease, and it is not a statement that gas is escaping anywhere.

The Commission's schedule remark for this field reads: ALLOCATION FORMULA 100% ACRES. P-16S AND LEASE PLATS REQUIRED.

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
NGPA3none

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
OilDisposition157,095 bbl$7,702,527
Casinghead gasProduction149 Mcf$402
Total$7,702,929

48 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 (3)

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 32.6767, -102.5518. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.4 miles.

32.67679, -102.55173 · 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
66.7%
2 of 3 wells
With a plug date
33.3%
1 of 3 wells
Median depth
5,600 ft
3 wells filed one
Completion to plug
31.2 years
median over 1 well

What the state filed about each well

On the RRC proration schedule
266.7%
A plug date is filed
133.3%
BothOn the schedule and plugged. Neither fact cancels the other.
133.3%
NeitherNo plug date, and not on the schedule.
133.3%

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 5,600 and 12,474 ft, median 5,600 ft, over the 3 wells that filed a depth.

Completions filed
Feb 1981 – Jan 1985
3 of 3 wells
Plug dates filed
Mar 2016
1 of 3 wells; 2 filed none

Last completion to plug: a median of 31.2 years across the 1 well that filed both dates, with the middle half between 31.2 years and 31.2 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

3 wells

42-1653303955,600 ftJan 1985Mar 2016Yes
42-1653264745,600 ftJul 1984
42-16531818112,474 ftFeb 1981Yes

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 (401)

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

401 months

May 20263120106.413.05$33,200
Apr 2026173098.932.87$17,115
Mar 2026323089.753.15$28,989
Feb 2026159063.503.75$10,097
Jan 2026332059.138.00$19,631
Dec 2025284056.664.41$16,091
Nov 2025180058.593.93$10,546
Oct 2025325059.383.30$19,299
Sep 2025161062.743.08$10,101
Aug 2025309063.933.01$19,754
Jul 2025158066.743.32$10,545
Jun 2025320066.483.13$21,274
May 2025329060.553.23$19,921
Apr 2025146062.363.54$9,105
Mar 2025323067.704.27$21,867
Feb 2025191070.884.34$13,538
Jan 2025163074.324.28$12,114
Dec 2024335068.993.12$23,112
Nov 2024163069.052.20$11,255
Oct 2024311071.372.28$22,196
Sep 2024320069.612.36$22,275
Aug 2024168075.632.06$12,706
Jul 2024323079.932.15$25,817
Jun 2024311078.082.63$24,283
May 2024164078.812.20$12,925
Apr 2024309084.451.66$26,095
Mar 2024311080.301.55$24,973
Feb 2024323076.091.78$24,577
Jan 2024165073.023.30$12,048
Dec 2023328071.262.61$23,373
Nov 2023182077.892.81$14,176
Oct 2023337085.443.09$28,793
Sep 2023171089.042.74$15,226
Aug 2023326080.522.67$26,250
Jul 2023158074.852.64$11,826
Jun 2023321068.962.26$22,136
May 2023313070.622.23$22,104
Apr 2023311078.122.24$24,295
Mar 2023325072.852.39$23,676
Feb 2023154075.112.47$11,567
Jan 2023329076.533.39$25,178
Dec 2022164076.415.73$12,531
Nov 2022331085.005.65$28,135
Oct 2022327087.185.86$28,508
Sep 2022329084.888.16$27,926
Aug 2022159094.529.13$15,029
Jul 20223220101.587.54$32,709
Jun 20223200115.097.98$36,829
May 20223220109.378.43$35,217
Apr 20223240104.226.84$33,767
Mar 20223240108.885.08$35,277
Feb 2022168091.054.86$15,296
Jan 2022326081.844.54$26,680
Dec 2021323071.323.90$23,036
Nov 2021334077.435.24$25,862
Oct 2021173079.795.71$13,804
Sep 2021344069.865.35$24,032
Aug 2021319066.024.22$21,060
Jul 2021297070.783.98$21,022
Jun 2021111069.493.38$7,713
May 2021450063.483.02$28,566
Apr 2021156060.362.76$9,416
Mar 2021339061.302.72$20,781
Feb 2021332057.805.55$19,190
Jan 2021320050.412.81$16,131
Dec 2020303044.642.68$13,526
Nov 2020314038.772.71$12,174
Oct 2020335036.972.48$12,385
Sep 2020164037.091.99$6,083
Aug 2020458039.982.39$18,311
Jul 2020327038.371.83$12,547
Jun 2020342034.901.69$11,936
May 2020164016.921.81$2,775
Apr 2020481014.751.80$7,095
Mar 2020322030.341.86$9,769
Feb 2020170049.881.98$8,480
Jan 2020155057.252.09$8,874
Dec 2019166059.012.30$9,796
Nov 2019150055.302.75$8,295
Oct 2019318053.472.42$17,003
Sep 2019340055.052.66$18,717
Aug 2019334053.112.30$17,739
Jul 2019328056.272.46$18,457
Jun 2019333052.782.49$17,576
May 2019338058.482.74$19,766
Apr 2019326062.632.75$20,417
Mar 2019164056.803.06$9,315
Feb 2019323050.852.79$16,425
Jan 2019322046.033.23$14,822
Dec 2018325046.594.19$15,142
Nov 2018495052.934.24$26,200
Oct 2018344061.443.40$21,135
Sep 2018161059.543.11$9,586
Aug 2018475059.403.07$28,215
Jul 2018169065.142.93$11,009
Jun 2018324060.183.08$19,498
May 2018313065.382.90$20,464
Apr 2018331063.842.90$21,131
Mar 2018324061.222.79$19,835
Feb 2018346061.782.77$21,376
Jan 2018330062.874.01$20,747
Dec 2017348057.272.92$19,930
Nov 2017334055.423.12$18,510
Oct 2017502049.292.98$24,744
Sep 2017316047.523.09$15,016
Aug 2017168045.373.00$7,622
Jul 2017320043.873.09$14,038
Jun 2017318042.493.09$13,512
May 2017472045.373.26$21,415
Apr 2017308047.933.21$14,762
Mar 2017320046.772.98$14,966
Feb 2017474050.452.95$23,913
Jan 2017323049.413.42$15,959
Dec 2016322048.763.72$15,701
Nov 2016479042.492.64$20,353
Oct 2016323046.193.09$14,919
Sep 2016467041.553.10$19,404
Aug 2016317041.442.92$13,136
Jul 2016458041.622.92$19,062
Jun 2016314045.352.69$14,240
May 2016450042.521.99$19,134
Apr 2016292036.561.99$10,676
Mar 2016437033.011.79$14,425
Feb 2016411026.472.06$10,879
Jan 2016477027.352.36$13,046
Dec 2015457032.362.00$14,789
Nov 2015335038.792.17$12,995
Oct 2015324043.552.43$14,110
Sep 2015475042.992.76$20,420
Aug 2015308040.162.87$12,369
Jul 2015456048.152.95$21,956
Jun 2015149056.152.88$8,366
May 2015475055.212.96$26,225
Apr 2015321049.822.71$15,992
Mar 2015481042.892.93$20,630
Feb 2015321044.662.98$14,336
Jan 2015469043.433.10$20,369
Dec 2014320054.693.59$17,501
Nov 2014324070.464.25$22,829
Oct 2014466078.303.90$36,488
Sep 2014298086.164.05$25,676
Aug 2014459089.394.04$41,030
Jul 2014292096.564.18$28,196
Jun 2014470098.164.74$46,135
May 2014492094.734.73$46,607
Apr 2014310095.944.81$29,741
Mar 2014474095.895.06$45,452
Feb 2014151097.406.19$14,707
Jan 2014440090.404.86$39,776
Dec 2013478091.824.35$43,890
Nov 2013474088.853.74$42,115
Oct 2013325097.423.78$31,662
Sep 20134820104.113.72$50,181
Aug 20133200104.253.52$33,360
Jul 20134580102.523.72$46,954
Jun 2013452094.403.93$42,669
May 2013481094.834.15$45,613
Apr 2013477093.964.28$44,819
Mar 2013484093.623.91$45,312
Feb 2013326091.233.42$29,741
Jan 2013326091.603.42$29,862
Dec 2012331086.773.42$28,721
Nov 2012619086.953.62$53,822
Oct 2012516089.383.40$46,120
Sep 2012169094.672.92$15,999
Aug 2012510092.662.91$47,257
Jul 2012496085.133.02$42,224
Jun 2012337079.822.52$26,899
May 2012343091.612.49$31,422
Apr 20124870101.652.00$49,504
Mar 20124680105.052.22$49,163
Feb 20122880101.102.57$29,117
Jan 2012449098.092.73$44,042
Dec 2011470096.873.24$45,529
Nov 2011314095.723.31$30,056
Oct 2011443084.983.65$37,646
Sep 2011322083.623.99$26,926
Aug 2011482083.404.15$40,199
Jul 2011483094.144.52$45,470
Jun 2011162092.904.64$15,050
May 2011615098.134.40$60,350
Apr 20113160105.964.33$33,483
Mar 2011480096.364.06$46,253
Feb 2011326085.644.18$27,919
Jan 2011496086.504.59$42,904
Dec 2010518085.734.35$44,408
Nov 2010167080.843.80$13,500
Oct 2010477078.103.51$37,254
Sep 2010467072.633.98$33,918
Aug 2010472073.684.42$34,777
Jul 2010168072.554.74$12,188
Jun 2010488070.364.91$34,336
May 2010505071.124.24$35,916
Apr 2010457081.694.12$37,332
Mar 2010331078.394.39$25,947
Feb 2010330073.585.44$24,281
Jan 2010335074.365.96$24,911
Dec 2009638071.445.48$45,579
Nov 2009328074.593.75$24,466
Oct 2009330072.544.11$23,938
Sep 2009665065.543.06$43,584
Aug 2009158067.423.22$10,652
Jul 2009792061.133.46$48,415
Jun 2009465066.163.90$30,764
May 2009161054.743.93$8,813
Apr 2009329046.773.59$15,387
Mar 2009478042.144.06$20,143
Feb 2009303032.814.63$9,941
Jan 2009625035.865.37$22,413
Dec 2008306037.105.98$11,353
Nov 2008476055.496.86$26,413
Oct 2008317075.246.92$23,851
Sep 20086260101.767.88$63,702
Aug 20084850114.228.48$55,397
Jul 20083260131.0811.39$42,732
Jun 20083150131.3313.03$41,369
May 20084940123.1711.57$60,846
Apr 20084940110.3110.45$54,493
Mar 20084790101.909.66$48,810
Feb 2008660092.538.77$61,070
Jan 2008162090.388.21$14,642
Dec 2007656088.337.30$57,944
Nov 2007330091.677.29$30,251
Oct 2007496082.856.92$41,094
Sep 2007490075.846.24$37,162
Aug 2007488069.066.39$33,701
Jul 2007322070.906.39$22,830
Jun 2007500062.007.55$31,000
May 2007489058.747.85$28,724
Apr 2007332059.617.81$19,791
Mar 2007982056.927.30$55,895
Feb 20070055.108.22$0
Jan 20070050.306.73$0
Dec 2006337056.656.92$19,091
Nov 2006321054.207.62$17,398
Oct 2006164054.906.01$9,004
Sep 2006313060.085.04$18,805
Aug 2006316068.717.34$21,712
Jul 2006312069.376.34$21,643
Jun 2006298066.286.38$19,751
May 2006497066.016.42$32,807
Apr 2006480064.397.36$30,907
Mar 2006332056.707.08$18,824
Feb 2006334057.597.75$19,235
Jan 2006327060.598.93$19,813
Dec 2005342054.9413.42$18,789
Nov 2005515054.6910.59$28,165
Oct 2005180058.3413.80$10,501
Sep 2005491061.4512.08$30,172
Aug 2005329061.519.80$20,237
Jul 20050055.697.84$0
Jun 2005339052.337.38$17,740
May 2005489145.226.65$22,119
Apr 2005339149.207.36$16,686
Mar 2005339150.377.15$17,083
Feb 2005330145.226.31$14,929
Jan 2005657143.166.32$28,362
Dec 2004495139.866.75$19,737
Nov 2004162145.286.33$7,342
Oct 2004330149.706.52$16,408
Sep 2004500143.245.28$21,625
Aug 2004337142.375.55$14,284
Jul 2004497138.286.08$19,031
Jun 2004319136.106.43$11,522
May 2004500137.486.49$18,746
Apr 2004338134.475.86$11,657
Mar 2004661134.365.53$22,717
Feb 2004162132.455.51$5,262
Jan 2004496132.036.30$15,893
Dec 2003465130.266.30$14,077
Nov 2003509128.804.60$14,664
Oct 2003346128.174.76$9,752
Sep 2003513126.314.75$13,502
Aug 2003335129.765.13$9,975
Jul 2003499129.415.17$14,681
Jun 2003315128.565.98$9,002
May 2003500126.595.97$13,301
Apr 2003489126.675.41$13,047
Mar 2003327131.146.10$10,189
Feb 2003494133.487.93$16,547
Jan 2003511130.315.58$15,494
Dec 2002496126.914.85$13,352
Nov 2002334124.664.14$8,241
Oct 2002511126.464.23$13,525
Sep 2002334127.443.64$9,169
Aug 2002491125.963.16$12,750
Jul 2002493124.583.06$12,121
Jun 2002332123.733.34$7,882
May 2002497124.663.58$12,260
Apr 2002485123.653.51$11,474
Mar 2002488122.003.10$10,739
Feb 2002323118.222.38$5,887
Jan 2002621117.172.38$10,665
Dec 2001490116.932.36$8,298
Nov 2001331118.072.41$5,984
Oct 2001479119.782.53$9,477
Sep 2001488124.262.25$11,841
Aug 2001487124.873.05$12,115
Jul 2001479123.933.20$11,466
Jun 2001328124.563.82$8,060
May 2001656125.524.31$16,745
Apr 2001503124.685.34$12,419
Mar 2001329124.545.38$8,079
Feb 2001661127.755.77$18,349
Jan 2001322127.478.40$8,854
Dec 2000496126.889.12$13,342
Nov 2000503132.215.66$16,207
Oct 2000497131.235.15$15,526
Sep 2000331131.875.19$10,554
Aug 2000494129.644.54$14,647
Jul 2000498128.534.09$14,212
Jun 2000497129.304.40$14,567
May 2000490127.263.68$13,361
Apr 2000334124.513.12$8,189
Mar 2000476128.422.86$13,531
Feb 2000471127.622.73$13,012
Jan 2000473125.272.48$11,955
Dec 1999475124.282.42$11,535
Nov 1999471123.192.43$10,925
Oct 1999623120.982.80$13,073
Sep 1999464121.752.62$10,095
Aug 1999472119.262.88$9,094
Jul 1999638117.892.37$11,416
Jun 1999158115.942.36$2,521
May 1999472115.792.32$7,455
Apr 1999474115.102.21$7,160
Mar 1999404112.471.84$5,040
Feb 199947419.981.82$4,732
Jan 1999512110.381.90$5,316
Dec 199847219.201.77$4,344
Nov 1998470110.892.19$5,120
Oct 1998476112.421.97$5,914
Sep 1998474112.592.08$5,970
Aug 1998476111.301.91$5,381
Jul 1998475111.742.24$5,579
Jun 1998476111.242.24$5,352
May 1998157112.622.21$1,984
Apr 1998631113.042.51$8,231
Mar 1998476112.802.31$6,095
Feb 1998327113.952.30$4,564
Jan 1998659114.702.15$9,689
Dec 1997338116.322.41$5,519
Nov 1997508118.193.09$9,244
Oct 1997506119.253.15$9,744
Sep 1997332117.742.95$5,893
Aug 1997692117.862.55$12,362
Jul 1997351117.582.25$6,173
Jun 1997497117.242.26$8,571
May 1997477118.972.31$9,051
Apr 1997528117.882.08$9,443
Mar 1997524118.951.94$9,932
Feb 1997694120.492.21$14,222
Jan 1997357123.483.54$8,386
Dec 1996527123.32$12,290
Nov 1996389121.97$8,546
Oct 1996714123.31$16,643
Sep 1996183122.22$4,066
Aug 1996676120.26$13,696
Jul 1996360119.55$7,038
Jun 1996547118.73$10,245
May 1996546119.43$10,609
Apr 1996531121.51$11,422
Mar 1996365119.38$7,074
Feb 1996364116.98$6,181
Jan 1996542117.07$9,252
Dec 1995368117.19$6,326
Nov 1995539116.00$8,624
Oct 1995526115.43$8,116
Sep 1995359116.18$5,809
Aug 1995707115.92$11,255
Jul 1995540115.24$8,230
Jun 1995525116.41$8,615
May 1995339117.56$5,953
Apr 1995692117.73$12,269
Mar 1995354116.44$5,820
Feb 1995709116.58$11,755
Jan 1995519115.92$8,262
Dec 1994524115.03$7,876
Nov 1994495115.90$7,871
Oct 1994486115.58$7,572
Sep 1994582115.29$8,899
Aug 1994618116.13$9,968
Jul 1994485117.56$8,517
Jun 1994478117.09$8,169
May 1994649115.88$10,306
Apr 1994482114.14$6,815
Mar 1994492112.46$6,130
Feb 1994478112.50$5,975
Jan 1994647112.66$8,191
Dec 1993652112.33$8,039
Nov 1993324114.49$4,695
Oct 1993672115.85$10,651
Sep 1993619115.03$9,304
Aug 1993504115.66$7,893
Jul 1993675115.46$10,436
Jun 1993494116.79$8,294
May 1993164117.68$2,900
Apr 1993320118.05$5,776
Mar 1993165118.14$2,993
Feb 1993284117.90$5,084
Jan 1993168116.93$2,844

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                  312 bbl  × $106.41 =    $33,200
Casinghead gas         0 Mcf  × $  3.05 =         $0

────────────────────────────────────────────────────
Month total                                  $33,200

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. 8A/O/63223 is the state's own key, not one this site invented.