Skip to content
Royalty Clerk

Texas gas well

Producing

WATSON 01

Watson 01 is a gas well in Karnes County, Texas, operated by Marathon Oil Ef LLC in the Sugarkane (Eagle Ford) field.

1 well

5,696mcf gas, last 12 months+48% vs prior year
RRC lease
02-268524

Is your check right?

Check my statement

Where it sits

This county

Karnes CountyKarnesAtascosaGoliadWilsonGonzalesDe WittBexarKarnes County
Karnes County
Oil, last 12 months
36 bbl
Gas in Jul 2026
0 mcf

Production by month

Gas output rose 48% over the last 12 months

  • Gas (bars)
  • Oil (line)
  • Last 12 months
Gas output rose 48% over the last 12 monthsMonthly gas production and oil for WATSON 01, Aug 2023 to Jul 2026. Gas output rose 48% over the last 12 months. 5,696 mcf in the 12 months through Jul 2026, against 3,849 mcf in the 12 months before.Last 12 months: 5,696 mcfmcf per monthbbl per month00250550010750151,000201,25025Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Gas output rose 48% over the last 12 monthsMonthly gas production and oil for WATSON 01, Aug 2023 to Jul 2026. Gas output rose 48% over the last 12 months. 5,696 mcf in the 12 months through Jul 2026, against 3,849 mcf in the 12 months before.Last 12 monthsmcf per monthbbl per month00250550010750151,000201,25025Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

All of the gas went to a processing plant in the last 12 months

All of the gas went to a processing plant in the last 12 monthsShare of WATSON 01 gas by disposition code each month, Aug 2023 to Jul 2026. All of the gas went to a processing plant in the last 12 months.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 processing plant in the last 12 monthsShare of WATSON 01 gas by disposition code each month, Aug 2023 to Jul 2026. All of the gas went to a processing plant 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.

Who has run this lease

The operator changed once, most recently in Mar 2023

Operators of this lease over timeEnsign Operating LLC, Jan 2020 to Feb 2023; Marathon Oil Ef LLC, Mar 2023 to Jul 20262020202120222023202420252026Changed Mar 2023Ensign Operating LLCJan 2020 to Feb 2023Marathon Oil Ef LLCMar 2023 to now
Operators of this lease over timeEnsign Operating LLC, Jan 2020 to Feb 2023; Marathon Oil Ef LLC, Mar 2023 to Jul 20262020202120222023202420252026Changed Mar 2023Ensign Operating LLCJan 2020 to Feb 2023Marathon Oil Ef LLCMar 2023 to now

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

1 well on this lease

Wells on WATSON 01
API numberWell no.Status
42-255-3229901HActive

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%FromUntil
Enterprise Crude Oil LLCCondensateGathers50Mar 1, 2023–
Enterprise Crude Pipeline LLCCondensateGathers50Mar 1, 2023–
Marathon Oil Ef LLCGas-well gasBuys100Mar 1, 2023–
Marathon Oil Ef LLCGas-well gasGathers100Mar 1, 2023–
Gulfmark Energy, Inc.CondensateGathers100Oct 2, 2019Mar 1, 2023
Ensign Operating LLCGas-well gasGathers100Oct 2, 2019Mar 1, 2023
Ensign Operating LLCGas-well gasBuys100Oct 2, 2019Mar 1, 2023
Ensign Operating LLCCondensateGathers50Oct 1, 2019Oct 2, 2019
Enterprise Crude Oil LLCCondensateGathers25Oct 1, 2019Oct 2, 2019
Enterprise Crude Pipeline LLCCondensateGathers25Oct 1, 2019Oct 2, 2019

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

555.10 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 Watson 01
API numberWell no.Acreson the permit
42-255-3229901H555.10

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

What ConocoPhillips told investors it received

Marathon Oil Ef LLC is linked to ConocoPhillips (MRO).
Realized prices reported by ConocoPhillips
QuarterOil$ per bblFiling
Q2 2026$99.40SEC filing
Q1 2026$73.47SEC filing
Q3 2025$66.13SEC filing
Q2 2025$64.23SEC filing
Q1 2025$71.65SEC filing

SourceConocoPhillips quarterly reports, SEC EDGAR, company-wide averages before hedging.

Estimate your royalty

36 months, newest first

Ledger for WATSON 01
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 2026Marathon Oil00000$80.46$2.89
Jun 2026Marathon Oil447397390$84.81$3.15
May 2026Marathon Oil224434430$102.13$2.94
Apr 2026Marathon Oil331081080$100.32$2.77
Mar 2026Marathon Oil114314310$91.38$3.04
Feb 2026Marathon Oil111601600$64.51$3.62
Jan 2026Marathon Oil226736730$60.04$7.72
Dec 2025Marathon Oil227347340$57.97$4.26
Nov 2025Marathon Oil116266260$60.06$3.79
Oct 2025Marathon Oil225415410$60.89$3.19
Sep 2025Marathon Oil666096090$63.96$2.97
Aug 2025Marathon Oil12126326320$64.86$2.91
Jul 2025Marathon Oil20207467460$68.39$3.20
Jun 2025Marathon Oil111,0951,0950$68.17$3.02
May 2025Marathon Oil00550$62.17$3.12
Apr 2025Marathon Oil0013130$63.54$3.42
Mar 2025Marathon Oil0012120$68.24$4.12
Feb 2025Marathon Oil0029290$71.53$4.19
Jan 2025Marathon Oil111521520$75.74$4.13
Dec 2024Marathon Oil114804800$70.12$3.01
Nov 2024Marathon Oil00000$69.95$2.12
Oct 2024Marathon Oil778228220$71.99$2.20
Sep 2024Marathon Oil00000$70.24$2.28
Aug 2024Marathon Oil884954950$76.68$1.99
Jul 2024Marathon Oil10107317310$81.80$2.07
Jun 2024Marathon Oil556846840$79.77$2.54
May 2024Marathon Oil886696690$80.02$2.12
Apr 2024Marathon Oil006246240$85.35$1.60
Mar 2024Marathon Oil12126206200$81.28$1.49
Feb 2024Marathon Oil552572570$77.25$1.72
Jan 2024Marathon Oil222602600$74.15$3.18
Dec 2023Marathon Oil009759750$71.90$2.52
Nov 2023Marathon Oil2279790$77.69$2.71
Oct 2023Marathon Oil10109279270$85.64$2.98
Sep 2023Marathon Oil21218968960$89.43$2.64
Aug 2023Marathon Oil881,0671,0670$81.39$2.58

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

How to check your stub against this lease Checks stopped on this lease? See the likely reasons

Do your checks match this lease?

Nearby

Leases within 10 km

Drilling permits within 10 km