WATSON, L. A.
WATSON, L. A. is a Texas gas lease in Ward County, Railroad Commission district 08, operated by Mobil Producing TX. & N.M. Inc. It has 1 wellbore on file with the Commission. Reported production runs from August 2001 to August 2026, totalling 7,238,470 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 $314K, with roughly $49K 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 2,436 thousand cubic feet a month. Its strongest month on the record we hold was December 2016, at 22,606 thousand cubic feet. In our own backtest, leases producing at this rate are forecast to within about 17% 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, L. A.
- Who operates WATSON, L. A.?
- WATSON, L. A. is operated by Mobil Producing TX. & N.M. Inc., Railroad Commission of Texas operator number 572550.
- Where is WATSON, L. A.?
- WATSON, L. A. is a Texas gas lease in Ward County, Texas, in Railroad Commission district 08. Its Railroad Commission lease number is 186313.
- Is WATSON, L. A. still producing?
- WATSON, L. A. is currently producing. The most recent month of production reported to the Railroad Commission of Texas for WATSON, L. A. is August 2026.
- How much has WATSON, L. A. produced?
- WATSON, L. A. has reported 7,238,470 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between August 2001 and August 2026, from 1 wellbore.
- How much is WATSON, L. A. worth?
- The remaining production from WATSON, L. A. is estimated to be worth about $314K in total as of 26 August 2026, within a range of $261K to $368K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in WATSON, L. A. is a fraction of it. The estimate fits an Arps decline curve to the production WATSON, L. 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, L. A. is an estimate of value, not an offer and not an appraisal.
- How much income does WATSON, L. A. generate in a year?
- WATSON, L. A. is forecast to net about $49K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in WATSON, L. A. receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Mobil Producing TX. & N.M. Inc. |
|---|---|
| Field | Block 16 (Montoya) |
| County | Ward County, Texas |
| RRC district | 08 |
| Lease number | 186313 |
| Wellbores | 1 |
| Reported production | 7,238,470 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $314K |
Where WATSON, L. 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.