WATSON

Operated by GUNN OIL COMPANY (P-5 339493) in the DRY DUCK (TANNEHILL) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 67503District 8AField 26206380OilCasinghead gasSave
Value, all time
$3.7 M
Dec 1995 – May 2026
Value, last 12 filed months
$49 k
at the published price for each month
Months reported
366
no gaps in the span
Streams
2
oil, casinghead gas

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
OilDisposition88,199 bbl$3,588,649
Casinghead gasProduction26,685 Mcf$124,766
Total$3,713,415

1,845 Mcf of this lease's gas, across 13 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 33.4531, -100.6974. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.2 miles.

33.45314, -100.69689 · 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
33.3%
1 of 3 wells
With a plug date
33.3%
1 of 3 wells
Median depth
4,570 ft
3 wells filed one
Completion to plug
15.6 years
median over 1 wells

What the state filed about each well

On the RRC proration schedule
133.3%
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.
266.7%

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 4,560 and 4,570 ft, median 4,570 ft, over the 3 wells that filed a depth.

Completions filed
Dec 1995 – Oct 1997
3 of 3 wells
Plug dates filed
May 2012
1 of 3 wells; 2 filed none

Last completion to plug: a median of 15.6 years across the 1 well that filed both dates, with the middle half between 15.6 years and 15.6 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

3 wells

42-1253066634,570 ftOct 1997
42-1253060424,560 ftOct 1996May 2012Yes
42-1253056614,570 ftDec 1995

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 (366)

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

366 months

May 2026760106.413.05$8,087
Apr 20260098.932.87$0
Mar 20260089.753.15$0
Feb 2026144063.503.75$9,144
Jan 20260059.138.00$0
Dec 20250056.664.41$0
Nov 2025160058.593.93$9,374
Oct 20250059.383.30$0
Sep 20250062.743.08$0
Aug 2025166063.933.01$10,612
Jul 20250066.743.32$0
Jun 2025177066.483.13$11,767
May 20250060.553.23$0
Apr 20250062.363.54$0
Mar 2025175067.704.27$11,848
Feb 20250070.884.34$0
Jan 20250074.324.28$0
Dec 2024178068.993.12$12,280
Nov 20240069.052.20$0
Oct 2024178071.372.28$12,704
Sep 20240069.612.36$0
Aug 20240075.632.06$0
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 2024162076.091.78$12,327
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 20230080.522.67$0
Jul 2023170074.852.64$12,725
Jun 20230068.962.26$0
May 20230070.622.23$0
Apr 20230078.122.24$0
Mar 2023150072.852.39$10,928
Feb 20230075.112.47$0
Jan 20230076.533.39$0
Dec 2022173076.415.73$13,219
Nov 20220085.005.65$0
Oct 20220087.185.86$0
Sep 2022168084.888.16$14,260
Aug 20220094.529.13$0
Jul 20221810101.587.54$18,386
Jun 202200115.097.98$0
May 20221750109.378.43$19,140
Apr 202200104.226.84$0
Mar 20221820108.885.08$19,816
Feb 20220091.054.86$0
Jan 2022147081.844.54$12,030
Dec 2021182071.323.90$12,980
Nov 20210077.435.24$0
Oct 2021186079.795.71$14,841
Sep 2021144069.865.35$10,060
Aug 2021159066.024.22$10,497
Jul 2021172070.783.98$12,174
Jun 2021161069.493.38$11,188
May 2021370063.483.02$23,488
Apr 20210060.362.76$0
Mar 2021369061.302.72$22,620
Feb 2021182057.805.55$10,520
Jan 20210050.412.81$0
Dec 20200044.642.68$0
Nov 20200038.772.71$0
Oct 20200036.972.48$0
Sep 20200037.091.99$0
Aug 20200039.982.39$0
Jul 20200038.371.83$0
Jun 20200034.901.69$0
May 20200016.921.81$0
Apr 20200014.751.80$0
Mar 2020184030.341.86$5,583
Feb 20200049.881.98$0
Jan 20200057.252.09$0
Dec 2019161059.012.30$9,501
Nov 20190055.302.75$0
Oct 2019185053.472.42$9,892
Sep 20190055.052.66$0
Aug 20190053.112.30$0
Jul 2019183056.272.46$10,297
Jun 20190052.782.49$0
May 20190058.482.74$0
Apr 2019171062.632.75$10,710
Mar 20190056.803.06$0
Feb 20190050.852.79$0
Jan 2019186046.033.23$8,562
Dec 20180046.594.19$0
Nov 2018183052.934.24$9,686
Oct 20180061.443.40$0
Sep 20180059.543.11$0
Aug 2018172059.403.07$10,217
Jul 20180065.142.93$0
Jun 20180060.183.08$0
May 2018165065.382.90$10,788
Apr 20180063.842.90$0
Mar 2018186061.222.79$11,387
Feb 20180061.782.77$0
Jan 20180062.874.01$0
Dec 2017189057.272.92$10,824
Nov 20170055.423.12$0
Oct 20170049.292.98$0
Sep 2017178047.523.09$8,459
Aug 20170045.373.00$0
Jul 20170043.873.09$0
Jun 2017179042.493.09$7,606
May 20170045.373.26$0
Apr 20170047.933.21$0
Mar 2017165046.772.98$7,717
Feb 20170050.452.95$0
Jan 2017169049.413.42$8,350
Dec 20160048.763.72$0
Nov 20160042.492.64$0
Oct 2016178046.193.09$8,222
Sep 20160041.553.10$0
Aug 2016165041.442.92$6,838
Jul 20160041.622.92$0
Jun 20160045.352.69$0
May 2016181042.521.99$7,696
Apr 20160036.561.99$0
Mar 20160033.011.79$0
Feb 2016172026.472.06$4,553
Jan 20160027.352.36$0
Dec 20150032.362.00$0
Nov 2015166038.792.17$6,439
Oct 20150043.552.43$0
Sep 20150042.992.76$0
Aug 2015169040.162.87$6,787
Jul 20150048.152.95$0
Jun 2015163056.152.88$9,152
May 20150055.212.96$0
Apr 20150049.822.71$0
Mar 20150042.892.93$0
Feb 20150044.662.98$0
Jan 2015104043.433.10$4,517
Dec 20140054.693.59$0
Nov 2014186070.464.25$13,106
Oct 20140078.303.90$0
Sep 20140086.164.05$0
Aug 2014173089.394.04$15,464
Jul 20140096.564.18$0
Jun 20140098.164.74$0
May 2014183094.734.73$17,336
Apr 20140095.944.81$0
Mar 20140095.895.06$0
Feb 2014161097.406.19$15,681
Jan 20140090.404.86$0
Dec 20130091.824.35$0
Nov 2013181088.853.74$16,082
Oct 20130097.423.78$0
Sep 201300104.113.72$0
Aug 20131550104.253.52$16,159
Jul 201300102.523.72$0
Jun 20130094.403.93$0
May 2013185094.834.15$17,544
Apr 20130093.964.28$0
Mar 2013184093.623.91$17,226
Feb 20130091.233.42$0
Jan 2013188091.603.42$17,221
Dec 2012188086.773.42$16,313
Nov 2012188086.953.62$16,347
Oct 2012379089.383.40$33,875
Sep 2012180094.672.92$17,041
Aug 20120092.662.91$0
Jul 2012189085.133.02$16,090
Jun 2012358079.822.52$28,576
May 2012185091.612.49$16,948
Apr 20121840101.652.00$18,704
Mar 201200105.052.22$0
Feb 20123770101.102.57$38,115
Jan 2012192098.092.73$18,833
Dec 2011192096.873.24$18,599
Nov 2011187095.723.31$17,900
Oct 2011190084.983.65$16,146
Sep 2011187083.623.99$15,637
Aug 2011184083.404.15$15,346
Jul 2011185094.144.52$17,416
Jun 2011186092.904.64$17,279
May 201136814098.134.40$36,729
Apr 2011187140105.964.33$20,421
Mar 201118815596.364.06$18,745
Feb 201137714085.644.18$32,871
Jan 2011013086.504.59$597
Dec 201018915585.734.35$16,877
Nov 201037514580.843.80$30,865
Oct 201037513578.103.51$29,761
Sep 201018714572.633.98$14,159
Aug 20101857573.684.42$13,962
Jul 201018513572.554.74$14,061
Jun 201018713570.364.91$13,820
May 201018213571.124.24$13,516
Apr 201018814581.694.12$15,956
Mar 201018513078.394.39$15,073
Feb 201018512573.585.44$14,293
Jan 201019013574.365.96$14,934
Dec 200919015071.445.48$14,396
Nov 200918114074.593.75$14,026
Oct 200918914072.544.11$14,285
Sep 20091886565.543.06$12,521
Aug 200918915567.423.22$13,241
Jul 200917914061.133.46$11,427
Jun 200918810566.163.90$12,847
May 200916715554.743.93$9,750
Apr 200934814546.773.59$16,796
Mar 200918515042.144.06$8,405
Feb 200918512532.814.63$6,649
Jan 200918114035.865.37$7,243
Dec 200836415537.105.98$14,431
Nov 20081913055.496.86$10,804
Oct 20081721075.246.92$13,011
Sep 200818270101.767.88$19,072
Aug 2008189150114.228.48$22,860
Jul 2008386145131.0811.39$52,248
Jun 20080145131.3313.03$1,890
May 2008391140123.1711.57$49,780
Apr 2008197145110.3110.45$23,247
Mar 2008382155101.909.66$40,424
Feb 200819214592.538.77$19,037
Jan 200837615090.388.21$35,214
Dec 200719515088.337.30$18,320
Nov 200719114591.677.29$18,566
Oct 200736715582.856.92$31,479
Sep 200718914575.846.24$15,239
Aug 200717814069.066.39$13,187
Jul 200735615070.906.39$26,199
Jun 200738314562.007.55$24,841
May 200719115058.747.85$12,396
Apr 200719515059.617.81$12,795
Mar 20073807856.927.30$22,199
Feb 200737314055.108.22$21,703
Jan 200718713550.306.73$10,314
Dec 200619113556.656.92$11,754
Nov 20063775654.207.62$20,860
Oct 200619215054.906.01$11,443
Sep 200619214060.085.04$12,241
Aug 200636715068.717.34$26,318
Jul 200617512569.376.34$12,933
Jun 20061887066.286.38$12,908
May 200637015066.016.42$25,387
Apr 200637814564.397.36$25,407
Mar 200619614056.707.08$12,105
Feb 200637413057.597.75$22,546
Jan 200619615060.598.93$13,216
Dec 200537115054.9413.42$22,395
Nov 200519513554.6910.59$12,094
Oct 200537415558.3413.80$23,958
Sep 200537913861.4512.08$24,956
Aug 200537915061.519.80$24,782
Jul 200518515055.697.84$11,479
Jun 200536614552.337.38$20,223
May 200536110545.226.65$17,023
Apr 200537114349.207.36$19,306
Mar 200537815550.377.15$20,149
Feb 200517514045.226.31$8,797
Jan 200557615543.166.32$25,840
Dec 200417815539.866.75$8,142
Nov 200418015045.286.33$9,100
Oct 200437215549.706.52$19,498
Sep 200437415043.245.28$16,964
Aug 200436215542.375.55$16,198
Jul 200452715538.286.08$21,117
Jun 200418915036.106.43$7,788
May 200432915537.486.49$13,338
Apr 200419515034.475.86$7,600
Mar 200436215534.365.53$13,295
Feb 200419114532.455.51$6,997
Jan 200418715532.036.30$6,966
Dec 200338315530.266.30$12,566
Nov 200337715028.804.60$11,547
Oct 200333415528.174.76$10,147
Sep 200335515026.314.75$10,052
Aug 200336115529.765.13$11,538
Jul 200337515529.415.17$11,830
Jun 200336315028.565.98$11,265
May 200337615526.595.97$10,924
Apr 200336715026.675.41$10,599
Mar 200352415531.146.10$17,262
Feb 200375714033.487.93$26,454
Jan 200336715530.315.58$11,989
Dec 200217015526.914.85$5,327
Nov 200234515024.664.14$9,128
Oct 200217915526.464.23$5,392
Sep 200217015027.443.64$5,210
Aug 200235015525.963.16$9,576
Jul 200217615524.583.06$4,801
Jun 200234715023.733.34$8,735
May 200235115524.663.58$9,211
Apr 200234715023.653.51$8,733
Mar 200236315522.003.10$8,467
Feb 200216014018.222.38$3,248
Jan 200235915517.172.38$6,532
Dec 200136615516.932.36$6,563
Nov 200132515018.072.41$6,234
Oct 200117215519.782.53$3,794
Sep 200134715024.262.25$8,756
Aug 200134915524.873.05$9,153
Jul 200116115523.933.20$4,348
Jun 200134815024.563.82$9,121
May 200135015525.524.31$9,600
Apr 200134015024.685.34$9,192
Mar 200133315524.545.38$9,005
Feb 200134614027.755.77$10,409
Jan 200170815527.478.40$20,751
Dec 200017315526.889.12$6,064
Nov 200035815032.215.66$12,380
Oct 200072315531.235.15$23,377
Sep 200036415031.875.19$12,379
Aug 200052915529.644.54$16,383
Jul 200072515528.534.09$21,318
Jun 200055215029.304.40$16,833
May 200071515527.263.68$20,061
Apr 200056815024.513.12$14,389
Mar 200075515528.422.86$21,900
Feb 200058314527.622.73$16,498
Jan 200091115525.272.48$23,405
Dec 199956415524.282.42$14,070
Nov 199976915023.192.43$18,198
Oct 199918915520.982.80$4,400
Sep 199935715021.752.62$8,158
Aug 199936615519.262.88$7,495
Jul 199936815517.892.37$6,951
Jun 199955715015.942.36$9,233
May 199953515515.792.32$8,807
Apr 199956515015.102.21$8,863
Mar 199937015512.471.84$4,899
Feb 19995781409.981.82$6,023
Jan 199975315510.381.90$8,111
Dec 19987351559.201.77$7,037
Nov 199877215010.892.19$8,735
Oct 199876215512.421.97$9,769
Sep 199835715012.592.08$4,807
Aug 199836815511.301.91$4,454
Jul 199838115511.742.24$4,820
Jun 199837315011.242.24$4,528
May 199837615512.622.21$5,087
Apr 199856315013.042.51$7,717
Mar 199856615512.802.31$7,603
Feb 199874114013.952.30$10,659
Jan 199896315514.702.15$14,490
Dec 19971,01915516.322.41$17,004
Nov 19971,52515018.193.09$28,203
Oct 19972,46815519.253.15$47,997
Sep 199738115017.742.95$7,202
Aug 199756615517.862.55$10,505
Jul 199738214017.582.25$7,030
Jun 199756614017.242.26$10,074
May 199738614018.972.31$7,646
Apr 199757514017.882.08$10,573
Mar 199777714018.951.94$14,996
Feb 199757914020.492.21$12,173
Jan 199758315523.483.54$14,237
Dec 199676615023.32$17,863
Nov 199638415021.97$8,436
Oct 199677515023.31$18,065
Sep 199677515022.22$17,221
Aug 199638615020.26$7,820
Jul 199666315519.55$12,962
Jun 199657215018.73$10,714
May 199634115519.43$6,626
Apr 199672315521.51$15,552
Mar 199678015519.38$15,116
Feb 199696712016.98$16,420
Jan 19961,55815517.07$26,595
Dec 19953875017.19$6,653

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                   76 bbl  × $106.41 =     $8,087
Casinghead gas         0 Mcf  × $  3.05 =         $0

────────────────────────────────────────────────────
Month total                                   $8,087

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/67503 is the state's own key, not one this site invented.