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Texas oil lease

No report in 6+ months

WATKINS "1204B"

Watkins "1204B" is an oil lease in Reagan County, Texas, operated by Pioneer Natural Res. USA, Inc. in the Spraberry (Trend Area) field.

1 well

16mcf gas, last 12 months−84% vs prior year
Operator
Pioneer Natural Res. USA, Inc.
County
Reagan County
Field
Spraberry (Trend Area)
RRC lease
7C-18206

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Where it sits

This county

Reagan CountyReaganIrionSterlingUptonMidlandGlasscockReagan County
Reagan County
Gas in Jul 2024
0 mcf
Reporting since
Jan 2020

Checks stopped on this lease?

  • Sales

    No sales reported for the last 12 months of state data (through Jul 2026).

  • Wells

    The one well on this lease is marked plugged.

SourceRailroad Commission production, P-5 and P-4 records, data through Jul 2026.

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Production by month

Gas output fell 84% over the last 12 months

  • Gas (bars)
  • Oil (line)
  • Last 12 months
Gas output fell 84% over the last 12 monthsMonthly gas production and oil for WATKINS "1204B", Aug 2021 to Jul 2024. Gas output fell 84% over the last 12 months. 16 mcf in the 12 months through Jul 2024, against 100 mcf in the 12 months before.Last 12 months: 16 mcfmcf per monthbbl per month0020050400100600150800200Oct 21Jan 22AprJulOctJan 23AprJulOctJan 24AprJul
Gas output fell 84% over the last 12 monthsMonthly gas production and oil for WATKINS "1204B", Aug 2021 to Jul 2024. Gas output fell 84% over the last 12 months. 16 mcf in the 12 months through Jul 2024, against 100 mcf in the 12 months before.Last 12 monthsmcf per monthbbl per month0020050400100600150800200Jan 22JulJan 23JulJan 24Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

68% of the gas went to a processing plant in the 9 months reported

Flaring peaked at 100.0% of the gas in Jul 2023.

  • Processing plant (3)
  • Lease fuel (1)
  • Flared (4)
68% of the gas went to a processing plant in the 9 months reportedShare of WATKINS "1204B" gas by disposition code each month, Aug 2021 to Jul 2024. 68% of the gas went to a processing plant in the 9 months reported. Flaring peaked at 100.0% of the gas in Jul 2023.Share of the lease’s gas by disposition code, per month0%50%100%Flared 100.0%Oct 21Jan 22AprJulOctJan 23AprJulOctJan 24AprJul
68% of the gas went to a processing plant in the 9 months reportedShare of WATKINS "1204B" gas by disposition code each month, Aug 2021 to Jul 2024. 68% of the gas went to a processing plant in the 9 months reported. Flaring peaked at 100.0% of the gas in Jul 2023.Share of gas by disposition code0%50%100%Flared 100.0%Jan 22JulJan 23JulJan 24Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

  • Processing plant (3)

    68% · 1,584 mcf

  • Lease fuel (1)

    31% · 736 mcf

  • Flared (4)

    0.9% · 20 mcf

0.9% of the gas flared in the 9 months reported. 2 months above 3%.

1 well on this lease

Wells on WATKINS "1204B"
API numberWell no.Status
42-383-377661Active

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%From
Plains Marketing, L.p.OilGathers100Nov 28, 2012
Targa Pl Mid-Cont Westtex LLCCasinghead gasBuys100Nov 1, 2015
Targa Pl Mid-Cont Westtex LLCCasinghead gasGathers100Oct 1, 2015

SourceRailroad Commission Form P-4 file, Sep 24, 2026 (source).

Who buys my oilOil price check

81.54 acres on the newest permit

  • Good to know

    All listed wells are plugged

    The RRC wellbore records mark all listed wells as plugged. These records do not show whether earlier royalties remain payable. Ask the payor about any unpaid months.

Check your decimal on this lease
Permits for Watkins "1204B"
API numberWell no.Acreson the permit
42-383-37766181.54

SourceRailroad Commission drilling permits, Oct 3, 2026 (source 1, source 2).

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36 months, newest first

Ledger for WATKINS "1204B"
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 202400000$81.80$2.07
Jun 202400000$79.77$2.54
May 202400000$80.02$2.12
Apr 202400000$85.35$1.60
Mar 202400000$81.28$1.49
Feb 202400000$77.25$1.72
Jan 202400000$74.15$3.18
Dec 202300000$71.90$2.52
Nov 202300000$77.69$2.71
Oct 202300000$85.64$2.98
Sep 202300000$89.43$2.64
Aug 20230016016$81.39$2.58
Jul 202300404$76.07$2.55
Jun 202300000$70.25$2.18
May 202300000$71.58$2.15
Apr 20230096960$79.45$2.16
Mar 202300000$73.28$2.31
Feb 202300000$76.83$2.38
Jan 202300000$78.12$3.27
Dec 202200000$76.44$5.53
Nov 202200000$84.37$5.45
Oct 202200000$87.55$5.66
Sep 202200000$84.26$7.88
Aug 202200000$93.67$8.81
Jul 202200000$101.62$7.28
Jun 202200000$114.84$7.70
May 20220268000$109.55$8.14
Apr 202200000$101.78$6.60
Mar 202200000$108.50$4.90
Feb 202200000$91.64$4.69
Jan 202212732611370$83.22$4.38
Dec 2021121324553310$71.71$3.76
Nov 202168612871670$79.15$5.05
Oct 2021602222721480$81.48$5.51
Sep 2021198425053850$71.65$5.16
Aug 20211951734443200$67.73$4.07

Flared above 3%

SourceTexas Railroad Commission Production Data Query, through Jul 2026. Prices: EIA, through Aug 2026. Updated Oct 2, 2026.

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Nearby

This lease belongs to

OperatorPioneer Natural Res. USA, Inc.FieldSpraberry (Trend Area)CountyReagan County

Pioneer Natural Res. USA, Inc. in Reagan County

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Spraberry (Trend Area) field

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