WATSON, L. M. STATE
WATSON, L. M. STATE is a Texas oil lease in Ward County, Railroad Commission district 08, operated by Petro-Hunt Corporation. It has 3 wellbores on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 53,627 barrels. The lease is currently producing. Fitting a decline curve to that history and pricing the remaining production at today's forward curve values a standard royalty share at about $8K, with roughly $1K expected over the next twelve months.
| Operator | Petro-Hunt Corporation |
|---|---|
| Field | Scott (Delaware) |
| County | Ward County, Texas |
| RRC district | 08 |
| Lease number | 26850 |
| Wellbores | 3 |
| Reported production | 53,627 bbl |
| First reported | January 1993 |
| Last reported | August 2026 |
| Estimated royalty value | $8K |
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.