Texas oil lease · RRC district 8A · Lease 61019
ProducingWATKINS
Watkins is an oil lease in Terry County, Texas, operated by Basin Oil & Gas Operating, LLC in the Coroco (Clear Fork) field. The Railroad Commission shows 824 bbl of oil in the 12 months through Jul 2026.
Oil lease dossier · 1 well
- Operator
- Basin Oil & Gas Operating, LLC
- County
- Terry County
- Field
- Coroco (Clear Fork)
- RRC lease
- 8A-61019
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Where it sits
This county
- Oil in Jul 2026
- 63 bbl
- Reporting to the state
- since Jan 2020
- Wells
- 1
- Data through
- Jul 2026
Production
Month by month, from the state record
Oil output rose 45% over the last 12 months
824 bbl in the 12 months through Jul 2026, against 567 bbl in the 12 months before.
- Oil (bars, left axis)
- Gas (line, right axis)
- Last 12 months
SourceTexas Railroad Commission Production Data Query, oil lease 61019, district 8A. Reported through Jul 2026. The state revises recent months.
Gas disposition
Where the gas went
Since Nov 2024 the lease's gas goes to a transmission line instead of lease fuel
Where gas goes decides how it is paid: processed gas can carry plant products and processing fees, gas sold straight to a pipeline usually does not.
- Transmission line (2)
- Lease fuel (1)
SourceTexas Railroad Commission Production Data Query, gas disposition by code, lease 61019, district 8A. Reported through Jul 2026.
Transmission line (2)
Sold straight into a pipeline without processing. Processing fees on your statement would be worth asking about.
Lease fuel (1)
Burned to run equipment on the lease. Not sold, so it pays no royalty. A few percent is normal.
None of the gas was flared in the last 12 months.
Operator history
Who has run this lease
The operator changed once, most recently in Nov 2024
If your statements skip or shrink around a change, ask the new operator's owner relations department whether the month is in suspense.
- Basin Oil & Gas Operating, LLC Nov 2024 to now
- Great Western Drilling Company Jan 2020 to Oct 2024
SourceTexas Railroad Commission Production Data Query, operator by month. Reported through Jul 2026.
Wells
1 well on this lease
| API number | Well no. | Status | Total depthft |
|---|---|---|---|
| 42-445-30103 | 1 | Active | – |
SourceTexas Railroad Commission Wellbore Query, district 8A, lease 61019.
Who buys and gathers
Who moves and buys this lease's production
Oil
Lpc Crude Iii, LLC gathers it.
100% of it, on the list since Dec 1, 2025
Companies that used to be listed: Mission Petroleum Carriers, Inc. (gathers it, until Dec 1, 2025); Lease Use Only (gathers it, until Nov 1, 2024); Nominator Not Required / Swr 31 (nominates it, until Nov 1, 2024); Great Western Drilling Company (buys it, until Nov 1, 2024).
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.
Unit and wells
What the drilling permits say
- Wells on the permits
- 11 not plugged
- Horizontal
- 0
- First completion
- Apr 18, 1973
- Latest permit
- –
| API number | Well no. | Permit issued | Completed | Acreson the permit |
|---|---|---|---|---|
| 42-445-30103 | 1 | – | Apr 18, 1973 | – |
Estimator
Estimate your royalty for this lease
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
An estimate, not your check
Ledger
36 months, newest first
| Month | Oil producedbbl | Oil soldbbl | Gas producedmcf | Gas soldmcf, codes 2+3 | Flaredmcf, code 4 | WTI$ per bbl | Henry Hub$ per MMBtu |
|---|---|---|---|---|---|---|---|
| Jul 2026Basin Oil | 63 | 0 | 0 | 0 | 0 | $80.46 | $2.89 |
| Jun 2026Basin Oil | 59 | 0 | 0 | 0 | 0 | $84.81 | $3.15 |
| May 2026Basin Oil | 71 | 161 | 0 | 0 | 0 | $102.13 | $2.94 |
| Apr 2026Basin Oil | 60 | 0 | 0 | 0 | 0 | $100.32 | $2.77 |
| Mar 2026Basin Oil | 61 | 170 | 0 | 0 | 0 | $91.38 | $3.04 |
| Feb 2026Basin Oil | 59 | 0 | 0 | 0 | 0 | $64.51 | $3.62 |
| Jan 2026Basin Oil | 54 | 0 | 0 | 0 | 0 | $60.04 | $7.72 |
| Dec 2025Basin Oil | 83 | 197 | 0 | 0 | 0 | $57.97 | $4.26 |
| Nov 2025Basin Oil | 64 | 0 | 0 | 0 | 0 | $60.06 | $3.79 |
| Oct 2025Basin Oil | 70 | 0 | 0 | 0 | 0 | $60.89 | $3.19 |
| Sep 2025Basin Oil | 88 | 175 | 0 | 0 | 0 | $63.96 | $2.97 |
| Aug 2025Basin Oil | 92 | 0 | 0 | 0 | 0 | $64.86 | $2.91 |
| Jul 2025Basin Oil | 0 | 0 | 0 | 0 | 0 | $68.39 | $3.20 |
| Jun 2025Basin Oil | 0 | 0 | 0 | 0 | 0 | $68.17 | $3.02 |
| May 2025Basin Oil | 42 | 176 | 0 | 0 | 0 | $62.17 | $3.12 |
| Apr 2025Basin Oil | 55 | 0 | 0 | 0 | 0 | $63.54 | $3.42 |
| Mar 2025Basin Oil | 57 | 0 | 0 | 0 | 0 | $68.24 | $4.12 |
| Feb 2025Basin Oil | 64 | 170 | 0 | 0 | 0 | $71.53 | $4.19 |
| Jan 2025Basin Oil | 52 | 0 | 0 | 0 | 0 | $75.74 | $4.13 |
| Dec 2024Basin Oil | 62 | 0 | 0 | 0 | 0 | $70.12 | $3.01 |
| Nov 2024Basin Oil | 68 | 175 | 12 | 12 | 0 | $69.95 | $2.12 |
| Oct 2024Great Western | 53 | 0 | 12 | 0 | 0 | $71.99 | $2.20 |
| Sep 2024Great Western | 59 | 0 | 12 | 0 | 0 | $70.24 | $2.28 |
| Aug 2024Great Western | 55 | 177 | 12 | 0 | 0 | $76.68 | $1.99 |
| Jul 2024Great Western | 60 | 0 | 12 | 0 | 0 | $81.80 | $2.07 |
| Jun 2024Great Western | 62 | 0 | 12 | 0 | 0 | $79.77 | $2.54 |
| May 2024Great Western | 45 | 174 | 12 | 0 | 0 | $80.02 | $2.12 |
| Apr 2024Great Western | 58 | 0 | 12 | 0 | 0 | $85.35 | $1.60 |
| Mar 2024Great Western | 57 | 0 | 12 | 0 | 0 | $81.28 | $1.49 |
| Feb 2024Great Western | 59 | 177 | 12 | 0 | 0 | $77.25 | $1.72 |
| Jan 2024Great Western | 55 | 0 | 12 | 0 | 0 | $74.15 | $3.18 |
| Dec 2023Great Western | 63 | 0 | 12 | 0 | 0 | $71.90 | $2.52 |
| Nov 2023Great Western | 58 | 176 | 12 | 0 | 0 | $77.69 | $2.71 |
| Oct 2023Great Western | 58 | 0 | 12 | 0 | 0 | $85.64 | $2.98 |
| Sep 2023Great Western | 62 | 0 | 12 | 0 | 0 | $89.43 | $2.64 |
| Aug 2023Great Western | 37 | 174 | 12 | 0 | 0 | $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).
Check your statements
Do your checks match this lease?
Upload your statements for WATKINS. We compare volumes, prices, deductions and timing with the state record and give you the exact question to ask Basin Oil & Gas Operating, LLC.
- A month that was never paid
- Your share of the barrels and mcf
- The price against WTI and Henry Hub
- Fees taken on gas
- Late payment interest
Around this lease
Walk the neighborhood
This lease belongs to
Basin Oil & Gas Operating, LLC in Terry County
- SUNTURA (LOWER CLEAR FORK) UNIT
210,210 bbl last 12 months
- BRIT CLARE
52,870 bbl last 12 months
- JACOBSON
32,145 bbl last 12 months
- COVINGTON "21"
19,922 bbl last 12 months
- BRIT CLARE "A"
10,930 bbl last 12 months
Coroco (Clear Fork) field
No other producing leases in this field are in our data yet.
Leases within 10 km
Found by the location of their wells.
- ROSS COTTON FARMS 120
1,216 bbl last 12 months · 3.1 km away
- NOBLE
0 mcf last 12 months · 3.3 km away
- WINN
1,997 bbl last 12 months · 4.1 km away
- PHILLIPS -42-
2,219 bbl last 12 months · 4.2 km away
- THOMPSON, D. L. "A"
1,713 bbl last 12 months · 4.8 km away
Drilling permits within 10 km
COTTON #1H
new drill · horizontal · Red Tail Exploration, LLC · Yoakum County · 9.6 km away
Permit 0907553 · Apr 24, 2025
LA PLATA 46 #1D
new drill · Red Tail Exploration, LLC · Terry County · 9.5 km away
Permit 0904230 · Nov 25, 2024
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 Jul 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 61019, district 8A, 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.