WATSON, HANNAH NO. 1 GAS UNIT
WATSON, HANNAH NO. 1 GAS UNIT is a Texas gas lease in Leon County, Railroad Commission district 05, operated by Forest Oil Corporation. It has 1 wellbore on file with the Commission. Reported production runs from April 2008 to August 2026, totalling 506,667 thousand cubic feet. The lease is currently producing. Fitting a decline curve to that history and pricing the remaining production at today's forward curve values the whole lease — a 100% undivided interest — at about $63K, with roughly $10K expected over the next twelve months. An individual royalty owner receives their own decimal interest times that figure. Over the last twelve months on file it averaged 465 thousand cubic feet a month. Its strongest month on the record we hold was September 2022, at 14,559 thousand cubic feet. In our own backtest, leases producing at this rate are forecast to within about 22% of what they went on to produce, and that measured error is the range shown on the page rather than a confidence of our own devising.
Key facts about WATSON, HANNAH NO. 1 GAS UNIT
- Who operates WATSON, HANNAH NO. 1 GAS UNIT?
- WATSON, HANNAH NO. 1 GAS UNIT is operated by Forest Oil Corporation, Railroad Commission of Texas operator number 275740.
- Where is WATSON, HANNAH NO. 1 GAS UNIT?
- WATSON, HANNAH NO. 1 GAS UNIT is a Texas gas lease in Leon County, Texas, in Railroad Commission district 05. Its Railroad Commission lease number is 241901.
- Is WATSON, HANNAH NO. 1 GAS UNIT still producing?
- WATSON, HANNAH NO. 1 GAS UNIT is currently producing. The most recent month of production reported to the Railroad Commission of Texas for WATSON, HANNAH NO. 1 GAS UNIT is August 2026.
- How much has WATSON, HANNAH NO. 1 GAS UNIT produced?
- WATSON, HANNAH NO. 1 GAS UNIT has reported 506,667 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between April 2008 and August 2026, from 1 wellbore.
- How much is WATSON, HANNAH NO. 1 GAS UNIT worth?
- The remaining production from WATSON, HANNAH NO. 1 GAS UNIT is estimated to be worth about $63K in total as of 27 August 2026, within a range of $49K to $77K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in WATSON, HANNAH NO. 1 GAS UNIT is a fraction of it. The estimate fits an Arps decline curve to the production WATSON, HANNAH NO. 1 GAS UNIT has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for WATSON, HANNAH NO. 1 GAS UNIT is an estimate of value, not an offer and not an appraisal.
- How much income does WATSON, HANNAH NO. 1 GAS UNIT generate in a year?
- WATSON, HANNAH NO. 1 GAS UNIT is forecast to net about $10K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in WATSON, HANNAH NO. 1 GAS UNIT receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Forest Oil Corporation |
|---|---|
| Field | Jewett (Travis Peak) |
| County | Leon County, Texas |
| RRC district | 05 |
| Lease number | 241901 |
| Wellbores | 1 |
| Reported production | 506,667 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $63K |
Where WATSON, HANNAH NO. 1 GAS UNIT sits
Source: Railroad Commission of Texas lease production records, complete through . Figures on this page were computed on .
Production figures are as reported to the Railroad Commission of Texas. The value shown is an estimate produced by fitting a decline curve to that reported history; it is not an offer or an appraisal. How this estimate is calculated.