WATSON 01
WATSON 01 is a Texas gas lease in Karnes County, Railroad Commission district 02, operated by Pioneer Natural Res. USA, Inc. It has 1 wellbore on file with the Commission. Reported production runs from April 2012 to August 2026, totalling 537,784 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 $3K, with roughly $3K 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 530 thousand cubic feet a month. Its strongest month on the record we hold was May 2016, at 2,716 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 01
- Who operates WATSON 01?
- WATSON 01 is operated by Pioneer Natural Res. USA, Inc., Railroad Commission of Texas operator number 665748.
- Where is WATSON 01?
- WATSON 01 is a Texas gas lease in Karnes County, Texas, in Railroad Commission district 02. Its Railroad Commission lease number is 268524.
- Is WATSON 01 still producing?
- WATSON 01 is currently producing. The most recent month of production reported to the Railroad Commission of Texas for WATSON 01 is August 2026.
- How much has WATSON 01 produced?
- WATSON 01 has reported 537,784 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between April 2012 and August 2026, from 1 wellbore.
- How much is WATSON 01 worth?
- The remaining production from WATSON 01 is estimated to be worth about $3K in total as of 26 August 2026, within a range of $3K to $4K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in WATSON 01 is a fraction of it. The estimate fits an Arps decline curve to the production WATSON 01 has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for WATSON 01 is an estimate of value, not an offer and not an appraisal.
- How much income does WATSON 01 generate in a year?
- WATSON 01 is forecast to net about $3K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in WATSON 01 receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Pioneer Natural Res. USA, Inc. |
|---|---|
| Field | Sugarkane (Eagle Ford) |
| County | Karnes County, Texas |
| RRC district | 02 |
| Lease number | 268524 |
| Wellbores | 1 |
| Reported production | 537,784 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $3K |
Where WATSON 01 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.