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Texas oil lease · RRC district 10 · Lease 00968

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WATKINS

Watkins is an oil lease in Hutchinson County, Texas, operated by Bear Creek Operating in the Panhandle Hutchinson County Fld. field. The Railroad Commission shows 121 bbl of oil in the 12 months through Feb 2026.

Oil lease dossier · 17 wells

121bbl oil, last 12 months−98% vs prior year
Operator
Bear Creek Operating
County
Hutchinson County
Field
Panhandle Hutchinson County Fld.
RRC lease
10-00968

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Where it sits

This county

Hutchinson CountyHutchinsonHansfordMooreRobertsShermanOchiltreeHutchinson County
Hutchinson County · RRC district 10Open Hutchinson County →
Gas, last 12 months
41 mcf
Oil in Feb 2026
0 bbl
Reporting to the state
since Jan 2020
Wells
17

Production

Month by month, from the state record

What the Railroad Commission says this oil lease produced. Oil is in barrels (bbl). Gas is in thousand cubic feet (mcf).

Oil output fell 98% over the last 12 months

2 bbl in the 12 months through Jul 2026, against 123 bbl in the 12 months before. 5 months were not reported. A red cross marks each one.

  • Oil (bars, left axis)
  • Gas (line, right axis)
  • Last 12 months
Oil output fell 98% over the last 12 monthsMonthly oil production and gas for WATKINS, Aug 2023 to Jul 2026. Oil output fell 98% over the last 12 months. 2 bbl in the 12 months through Jul 2026, against 123 bbl in the 12 months before.Last 12 months: 2 bblbbl per monthmcf per month00501010020150302004025050Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output fell 98% over the last 12 monthsMonthly oil production and gas for WATKINS, Aug 2023 to Jul 2026. Oil output fell 98% over the last 12 months. 2 bbl in the 12 months through Jul 2026, against 123 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month00501010020150302004025050Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, oil lease 00968, district 10. Reported through Jul 2026. The state revises recent months.

Gas disposition

Where the gas went

Every month the operator tells the state where each mcf of gas went, using a code. The code decides how your gas is paid.

All of the gas went to a transmission line in the only month reported

Each bar is one month. Colors are the disposition codes the operator reported.

All of the gas went to a transmission line in the only month reportedShare of WATKINS gas by disposition code each month, Aug 2023 to Jul 2026. All of the gas went to a transmission line in the only month reported. Share of the lease’s gas by disposition code, per month0%50%100%Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
All of the gas went to a transmission line in the only month reportedShare of WATKINS gas by disposition code each month, Aug 2023 to Jul 2026. All of the gas went to a transmission line in the only month reported. Share of gas by disposition code0%50%100%Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, gas disposition by code, lease 00968, district 10. Reported through Jul 2026.

Transmission line (2)

Sold straight into a pipeline without processing. Processing fees on your statement would be worth asking about.

None of the gas was flared in the only month reported.

Operator history

Who has run this lease

The operator runs the wells and pays your royalty. When the operator changes, payments often slip for a month or two.

Bear Creek Operating has reported this lease for the whole period

No change of operator in the months we hold.

Operators of this lease over timeBear Creek Operating, Jan 2020 to Feb 20262020202120222023202420252026Bear Creek OperatingJan 2020 to nowthrough Jul 2026
Operators of this lease over timeBear Creek Operating, Jan 2020 to Feb 20262020202120222023202420252026Bear Creek OperatingJan 2020 to nowthrough Jul 2026

SourceTexas Railroad Commission Production Data Query, operator by month. Reported through Jul 2026.

Wells

17 wells on this lease

Every well the Railroad Commission links to oil lease 00968 in district 10. The API number is the state’s ID for a well.
Wells on WATKINS
API numberWell no.Status
42-233-101261Active
42-233-101344Active
42-233-101437Active
42-233-1168213Active
42-233-1360820Active
42-233-3091516Active
42-233-3091714Active
42-233-821582Active
42-233-821605Active
42-233-821616Active
42-233-821638Active
42-233-821649Active
42-233-8216510Active
42-233-8216611Active
42-233-8216712Active
42-233-8217115Active
42-233-8217219Active

SourceTexas Railroad Commission Wellbore Query, district 10, lease 00968.

Who buys and gathers

Who moves and buys this lease's production

The operator files a Form P-4 with the Railroad Commission naming the companies authorised to gather and buy the oil and gas. The buyer's price is the one your royalty is figured on.

  • Oil

    Plains Marketing, L.p. gathers it.

    100% of it, on the list since Oct 1, 2005

  • Gas from oil wells

    Iacx Rock Creek LLC buys and gathers it.

    Iacx Rock Creek LLC buys it: 100% of it, on the list since Sep 1, 2022 · Iacx Rock Creek LLC gathers it: 100% of it, on the list since Sep 1, 2022

Companies that used to be listed: Dcp Operating Company, LP (gathers it, until Sep 1, 2022); Dcp Operating Company, LP (buys it, until Sep 1, 2022).

SourceRailroad Commission of Texas, Form P-4 file, dated Sep 24, 2026 (source). A listed company is authorised to move or buy the production; the state does not say what it paid.

Who buys my oil and gasIs my oil price fair?

Unit and wells

223 acres on the newest permit

Acres and wells as the operator filed them on its Railroad Commission drilling permits. Your decimal is your net acres over the unit acres, so this is the number to hold your division order against.
Wells on the permits
2016 not plugged
Horizontal
0
First completion
Mar 14, 1962
Latest permit
Apr 22, 1996

20 wells are listed on this lease

Each well can have its own unit. The decimal for one well does not have to equal the decimal for another.

Wells and acres on the permits for Watkins
API numberWell no.Acreson the permit
42-233-101344223
42-233-3091714223
42-233-3091516223
42-233-101261–
42-233-101437–
42-233-1168213–
42-233-1168213 U–
42-233-1168213WL–
42-233-1360820–
42-233-821582–
42-233-821605–
42-233-821616–

SourceRailroad Commission of Texas, drilling permits and wellbore file, Sep 26, 2026 (source 1, source 2). The acres are what the operator filed; they are not a survey.

Check my decimal against the unit

Estimator

Estimate your royalty for this lease

A rough check before you look at a statement: the state volumes times your decimal, priced at WTI and Henry Hub.

Estimator

What could your check be?

Your decimal interest is the small number on your division order that says what share of the whole lease (8/8ths) is yours. Type it in and we apply it to what the state says WATKINS sold each month.

For example 0.00097656, or a fraction like 1/1024.

Dollars per barrel. Your statements show the gap your operator uses. Leave 0 to price oil at WTI.

Your estimate appears here

Enter your decimal to see an estimated royalty for each of the last 12 months this lease reported. Nothing you type leaves your browser.

An estimate, not your check

It ignores gathering and processing fees, taxes, plant products and the price your operator actually gets, so your statement will differ. Use it as a ceiling to compare against. Regional gas prices are often below Henry Hub.

Ledger

36 months, newest first

Compare these numbers with your statements. Your share of a month is the “Oil sold” volume times your decimal. Scroll sideways on a phone.
Monthly production, disposition and prices for WATKINS
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3Flaredmcf, code 4WTI$ per bblHenry Hub$ per MMBtu
Jul 2026No report–––––$80.46$2.89
Jun 2026No report–––––$84.81$3.15
May 2026No report–––––$102.13$2.94
Apr 2026No report–––––$100.32$2.77
Mar 2026No report–––––$91.38$3.04
Feb 2026Bear Creek00000$64.51$3.62
Jan 2026Bear Creek00000$60.04$7.72
Dec 2025Bear Creek00000$57.97$4.26
Nov 2025Bear Creek10000$60.06$3.79
Oct 2025Bear Creek10000$60.89$3.19
Sep 2025Bear Creek00000$63.96$2.97
Aug 2025Bear Creek00000$64.86$2.91
Jul 2025Bear Creek10000$68.39$3.20
Jun 2025Bear Creek50000$68.17$3.02
May 2025Bear Creek110166000$62.17$3.12
Apr 2025Bear Creek10000$63.54$3.42
Mar 2025Bear Creek2041410$68.24$4.12
Feb 2025Bear Creek10000$71.53$4.19
Jan 2025Bear Creek10000$75.74$4.13
Dec 2024Bear Creek10000$70.12$3.01
Nov 2024Bear Creek10000$69.95$2.12
Oct 2024Bear Creek00000$71.99$2.20
Sep 2024Bear Creek00000$70.24$2.28
Aug 2024Bear Creek00000$76.68$1.99
Jul 2024Bear Creek10000$81.80$2.07
Jun 2024Bear Creek10000$79.77$2.54
May 2024Bear Creek128128000$80.02$2.12
Apr 2024Bear Creek10000$85.35$1.60
Mar 2024Bear Creek10000$81.28$1.49
Feb 2024Bear Creek00000$77.25$1.72
Jan 2024Bear Creek50000$74.15$3.18
Dec 2023Bear Creek50000$71.90$2.52
Nov 2023Bear Creek00000$77.69$2.71
Oct 2023Bear Creek00000$85.64$2.98
Sep 2023Bear Creek00000$89.43$2.64
Aug 2023Bear Creek00000$81.39$2.58

No report filed More than 3% of gas flared

SourceVolumes: Texas Railroad Commission Production Data Query, reported through Jul 2026. Prices: EIA WTI Cushing spot and Henry Hub spot, monthly, through Aug 2026. “Gas sold” is gas sent to a transmission line (code 2) or a plant (code 3).

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Around this lease

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Everything on this page connects to the operator, field and county records. Start from any of them.

This lease belongs to

OperatorBear Creek OperatingFieldPanhandle Hutchinson County Fld.CountyHutchinson County

Bear Creek Operating in Hutchinson County

No other producing leases from this operator in this county are in our data yet.

Panhandle Hutchinson County Fld. field

All leases in this field →

Leases within 10 km

Found by the location of their wells.

Drilling permits within 10 km

How to read this page

Questions owners ask

What is a decimal interest?

It is your share of the whole lease, written as a decimal. A 1/4 royalty on 5 net acres in a 1,280-acre unit is 1/4 × 5 ÷ 1,280 = 0.00097656. Your division order states yours.

How do I use this page to check a royalty check?

Take the “Oil sold” volume for the month the check covers and multiply it by your decimal. The answer should match the barrels on your statement. If it does not, upload the statement and we will show where the two differ.

Why is the newest month Feb 2026?

The Railroad Commission publishes production two to three months after the fact and revises recent months. We re-pull the latest three months on every update.

Does this page show what my check should be?

No. It shows what the state recorded. Prices, fees and taxes depend on your lease and on what your operator gets for the oil and gas. The estimator gives a ceiling to compare against.

Sources and method

Where these numbers come from

  • Production and disposition by month: Texas Railroad Commission Production Data Query, oil lease 00968, district 10, reported through Jul 2026.
  • Wells: Texas Railroad Commission Wellbore Query.
  • Prices: U.S. Energy Information Administration, WTI Cushing spot and Henry Hub spot, monthly.
  • Page updated Sep 28, 2026.

We show the state’s numbers as filed. Where the state has no report for a month, we say so instead of guessing.

FAQ

Questions about WATKINS

Who operates the WATKINS lease?

The Railroad Commission lists Bear Creek Operating (operator number 060119) as the operator of this lease in Hutchinson County, Texas. The operator history on this page shows earlier operators and when the record changed.

How much has the WATKINS lease produced?

The lease reported 121 bbl of oil and 41 mcf of gas in the last 12 months through Feb 2026. Monthly figures for 31 months are in the ledger on this page, taken from the Railroad Commission's production data.

Does this page show who owns the royalty?

No. Railroad Commission records show who operates a lease and what it reported, not who owns the minerals or receives royalty. Your division order and royalty stub name the lease and your decimal interest.

How do I check my royalty stub against this lease?

Multiply the lease's volume for a month by your decimal interest and compare it with the barrels and mcf on your stub for the same month. The two are seldom identical, since sales and reporting months can differ, but a large gap is worth a question to the operator.

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