SOUTH WATSON
SOUTH WATSON is a Texas oil lease in Clay County, Railroad Commission district 09, operated by Rife Energy Operating, Inc. It has 1 wellbore on file with the Commission. Reported production runs from May 2016 to August 2026, totalling 10,096 barrels. 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 $87K, with roughly $16K 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 28 barrels a month. Its strongest month on the record we hold was August 2016, at 652 barrels. In our own backtest, leases producing at this rate are forecast to within about 45% 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 SOUTH WATSON
- Who operates SOUTH WATSON?
- SOUTH WATSON is operated by Rife Energy Operating, Inc., Railroad Commission of Texas operator number 711370.
- Where is SOUTH WATSON?
- SOUTH WATSON is a Texas oil lease in Clay County, Texas, in Railroad Commission district 09. Its Railroad Commission lease number is 33720.
- Is SOUTH WATSON still producing?
- SOUTH WATSON is currently producing. The most recent month of production reported to the Railroad Commission of Texas for SOUTH WATSON is August 2026.
- How much has SOUTH WATSON produced?
- SOUTH WATSON has reported 10,096 barrels of oil (bbl) to the Railroad Commission of Texas between May 2016 and August 2026, from 1 wellbore.
- How much is SOUTH WATSON worth?
- The remaining production from SOUTH WATSON is estimated to be worth about $87K in total as of 26 August 2026, within a range of $48K to $126K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in SOUTH WATSON is a fraction of it. The estimate fits an Arps decline curve to the production SOUTH WATSON has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for SOUTH WATSON is an estimate of value, not an offer and not an appraisal.
- How much income does SOUTH WATSON generate in a year?
- SOUTH WATSON is forecast to net about $16K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in SOUTH WATSON receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Rife Energy Operating, Inc. |
|---|---|
| Field | Antelope, S.E. (Caddo) |
| County | Clay County, Texas |
| RRC district | 09 |
| Lease number | 33720 |
| Wellbores | 1 |
| Reported production | 10,096 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $87K |
Where SOUTH WATSON 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.