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Texas gas well

Producing

WATKINS SCHOLARSHIP TRUST

Watkins Scholarship Trust is a gas well in Rusk County, Texas, operated by Sabine Energy Inc. in the Minden (Cotton Valley Cons.) field.

1 well

1,367mcf gas, last 12 months−25% vs prior year
Operator
Sabine Energy Inc.
County
Rusk County
Field
Minden (Cotton Valley Cons.)
RRC lease
06-231773

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Where it sits

This county

Rusk CountyRuskPanolaGreggUpshurShelbySmithHarrisonCherokeeRusk County
Rusk County
Gas in Jul 2026
95 mcf
Reporting since
Jan 2020

Checks stopped on this lease?

  • Operator

    Operator changed: Sabine Energy Inc. took over from Sabine Oil & Gas Corporation in Jan 2026.

  • P-5

    The previous operator's P-5 registration is listed as inactive since Jun 25, 2026 (last P-5 filed Feb 3, 2025).

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

See why checks stop on this lease

Production by month

Gas output fell 25% over the last 12 months

  • Gas (bars)
  • Last 12 months
Gas output fell 25% over the last 12 monthsMonthly gas production for WATKINS SCHOLARSHIP TRUST, Aug 2023 to Jul 2026. Gas output fell 25% over the last 12 months. 1,367 mcf in the 12 months through Jul 2026, against 1,831 mcf in the 12 months before.Last 12 months: 1,367 mcfmcf per month050100150200Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Gas output fell 25% over the last 12 monthsMonthly gas production for WATKINS SCHOLARSHIP TRUST, Aug 2023 to Jul 2026. Gas output fell 25% over the last 12 months. 1,367 mcf in the 12 months through Jul 2026, against 1,831 mcf in the 12 months before.Last 12 monthsmcf per month050100150200Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

94% of the gas went to a transmission line in the last 12 months

  • Transmission line (2)
  • Lease fuel (1)
94% of the gas went to a transmission line in the last 12 monthsShare of WATKINS SCHOLARSHIP TRUST gas by disposition code each month, Aug 2023 to Jul 2026. 94% of the gas went to a transmission line in the last 12 months.Share of the lease’s gas by disposition code, per month0%50%100%Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
94% of the gas went to a transmission line in the last 12 monthsShare of WATKINS SCHOLARSHIP TRUST gas by disposition code each month, Aug 2023 to Jul 2026. 94% of the gas went to a transmission line in the last 12 months.Share of gas by disposition code0%50%100%Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

  • Transmission line (2)

    94% · 1,288 mcf

  • Lease fuel (1)

    5.8% · 79 mcf

Who has run this lease

The operator changed once, most recently in Jan 2026

Operators of this lease over timeSabine Oil & Gas Corporation, Jan 2020 to Dec 2025; Sabine Energy Inc., Jan 2026 to Jul 20262020202120222023202420252026Changed Jan 2026Sabine Oil & Gas CorporationJan 2020 to Dec 2025Sabine Energy Inc.Jan 2026 to now
Operators of this lease over timeSabine Oil & Gas Corporation, Jan 2020 to Dec 2025; Sabine Energy Inc., Jan 2026 to Jul 20262020202120222023202420252026Changed Jan 2026Sabine Oil & Gas CorporationJan 2020 to Dec 2025Sabine Energy Inc.Jan 2026 to now

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

1 well on this lease

Wells on WATKINS SCHOLARSHIP TRUST
API numberWell no.Status
42-401-343121Active

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%FromUntil
Eastex Crude Company, LLCCondensateGathers100Jan 1, 2023–
Midcoast Pipelines (E Tx) L.p.Gas-well gasBuys100Oct 7, 2019–
Midcoast Pipelines (E Tx) L.p.Gas-well gasGathers100Oct 7, 2019–
Eastex Crude CompanyCondensateGathers100Nov 1, 2011Jan 1, 2023
Enterprise Products Operating LLCGas-well gasGathers100Nov 1, 2011Oct 7, 2019
Sabine Oil & Gas CorporationGas-well gasBuys100Apr 1, 2015Oct 7, 2019

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

Who buys my oilOil price check

204.95 acres on the newest permit

  • Good to know

    A pooling certificate (P-12) was filed

    Your tract may share its production with neighbors in a pooled unit. The unit acres the operator uses to divide production can differ from the acreage on one permit.

Check your decimal on this lease
Permits for Watkins Scholarship Trust
API numberWell no.Acreson the permit
42-401-343121204.95

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

Unit decimal checker

Estimate your royalty

36 months, newest first

Ledger for WATKINS SCHOLARSHIP TRUST
MonthGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 2026Sabine Energy95890$80.46$2.89
Jun 2026Sabine Energy1311230$84.81$3.15
May 2026Sabine Energy1251170$102.13$2.94
Apr 2026Sabine Energy1441350$100.32$2.77
Mar 2026Sabine Energy1371290$91.38$3.04
Feb 2026Sabine Energy1601510$64.51$3.62
Jan 2026Sabine Energy54510$60.04$7.72
Dec 2025Sabine Oil81760$57.97$4.26
Nov 2025Sabine Oil84790$60.06$3.79
Oct 2025Sabine Oil1201130$60.89$3.19
Sep 2025Sabine Oil1311250$63.96$2.97
Aug 2025Sabine Oil1051000$64.86$2.91
Jul 2025Sabine Oil1401340$68.39$3.20
Jun 2025Sabine Oil1341280$68.17$3.02
May 2025Sabine Oil1621550$62.17$3.12
Apr 2025Sabine Oil1491420$63.54$3.42
Mar 2025Sabine Oil1441380$68.24$4.12
Feb 2025Sabine Oil1401340$71.53$4.19
Jan 2025Sabine Oil1131080$75.74$4.13
Dec 2024Sabine Oil1971880$70.12$3.01
Nov 2024Sabine Oil1691610$69.95$2.12
Oct 2024Sabine Oil1731650$71.99$2.20
Sep 2024Sabine Oil1941850$70.24$2.28
Aug 2024Sabine Oil1161110$76.68$1.99
Jul 2024Sabine Oil1591520$81.80$2.07
Jun 2024Sabine Oil1211150$79.77$2.54
May 2024Sabine Oil1521440$80.02$2.12
Apr 2024Sabine Oil90860$85.35$1.60
Mar 2024Sabine Oil1211150$81.28$1.49
Feb 2024Sabine Oil104990$77.25$1.72
Jan 2024Sabine Oil90860$74.15$3.18
Dec 2023Sabine Oil84790$71.90$2.52
Nov 2023Sabine Oil1271170$77.69$2.71
Oct 2023Sabine Oil1171080$85.64$2.98
Sep 2023Sabine Oil1421310$89.43$2.64
Aug 2023Sabine Oil1281170$81.39$2.58

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

OperatorSabine Energy Inc.FieldMinden (Cotton Valley Cons.)CountyRusk County

Sabine Energy Inc. in Rusk County

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Minden (Cotton Valley Cons.) field

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