WATSON, J. T. -A-
WATSON, J. T. -A- is a Texas oil lease in Eastland County, Railroad Commission district 7B, operated by Pearson, Lee Roy, JR. It has 1 wellbore on file with the Commission. Reported production runs from January 1993 to August 2026, totalling 47,372 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 $246K, with roughly $47K 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 76 barrels a month. Its strongest month on the record we hold was January 2018, at 189 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 WATSON, J. T. -A-
- Who operates WATSON, J. T. -A-?
- WATSON, J. T. -A- is operated by Pearson, Lee Roy, JR., Railroad Commission of Texas operator number 647750.
- Where is WATSON, J. T. -A-?
- WATSON, J. T. -A- is a Texas oil lease in Eastland County, Texas, in Railroad Commission district 7B. Its Railroad Commission lease number is 01585.
- Is WATSON, J. T. -A- still producing?
- WATSON, J. T. -A- is currently producing. The most recent month of production reported to the Railroad Commission of Texas for WATSON, J. T. -A- is August 2026.
- How much has WATSON, J. T. -A- produced?
- WATSON, J. T. -A- has reported 47,372 barrels of oil (bbl) to the Railroad Commission of Texas between January 1993 and August 2026, from 1 wellbore.
- How much is WATSON, J. T. -A- worth?
- The remaining production from WATSON, J. T. -A- is estimated to be worth about $246K in total as of 27 August 2026, within a range of $135K to $357K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in WATSON, J. T. -A- is a fraction of it. The estimate fits an Arps decline curve to the production WATSON, J. T. -A- has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for WATSON, J. T. -A- is an estimate of value, not an offer and not an appraisal.
- How much income does WATSON, J. T. -A- generate in a year?
- WATSON, J. T. -A- is forecast to net about $47K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in WATSON, J. T. -A- receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Pearson, Lee Roy, JR. |
|---|---|
| Field | Eastland County Regular |
| County | Eastland County, Texas |
| RRC district | 7B |
| Lease number | 01585 |
| Wellbores | 1 |
| Reported production | 47,372 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $246K |
Where WATSON, J. T. -A- 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.