Skip to content
Royalty Clerk

Texas oil lease · RRC district 06 · Lease 15045

No report in 6+ months

WATSON

Watson is an oil lease in Rusk County, Texas, operated by Stroud Petroleum, Inc. in the Good Springs (Pettit) field.

Oil lease dossier · 1 well

0bbl oil, last 12 months
Operator
Stroud Petroleum, Inc.
County
Rusk County
Field
Good Springs (Pettit)
RRC lease
06-15045

Own a share of this lease?

Is your check right?

Upload a check stub or a phone photo. We compare every month with the state numbers on this page.

Check my statement

Free. No account needed. Two to four pages.

Where it sits

This county

Rusk CountyRuskPanolaGreggUpshurShelbySmithHarrisonCherokeeRusk County
Rusk County · RRC district 06Open Rusk County →
Oil in Feb 2025
0 bbl
Reporting to the state
since Jan 2020
Wells
1
Data through
Feb 2025

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).

No production to chart

The state shows zero oil and zero gas for all 36 months we hold (Mar 2022 to Feb 2025). A lease that is shut in or newly reported looks like this. The ledger below lists each month.

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.

No gas disposition reported for this lease

The operator has not reported where the gas went in the months we hold.

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.

Stroud Petroleum, Inc. has reported this lease for the whole period

No change of operator in the months we hold.

Operators of this lease over timeStroud Petroleum, Inc., Jan 2020 to Feb 2025202020212022202320242025Stroud Petroleum, Inc.Jan 2020 to nowthrough Feb 2025
Operators of this lease over timeStroud Petroleum, Inc., Jan 2020 to Feb 2025202020212022202320242025Stroud Petroleum, Inc.Jan 2020 to nowthrough Feb 2025

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

Wells

1 well on this lease

Every well the Railroad Commission links to oil lease 15045 in district 06. The API number is the state’s ID for a well.
Wells on WATSON
API numberWell no.Status
42-401-344311Shut-in

SourceTexas Railroad Commission Wellbore Query, district 06, lease 15045.

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

    Dk Trading & Supply, LLC gathers it.

    100% of it, on the list since Dec 4, 2024

  • Gas from oil wells

    Stroud Petroleum, Inc. buys it; Midcoast Pipelines (E Tx) L.p. gathers it.

    Stroud Petroleum, Inc. buys it: 100% of it, on the list since Jul 7, 2010 · Midcoast Pipelines (E Tx) L.p. gathers it: 100% of it, on the list since Feb 1, 2019

Companies that used to be listed: Lion Oil Trading & Trans, LLC (gathers it, until Dec 4, 2024); Enbridge Pipelines (E. Tx) L.p. (gathers it, until Feb 1, 2019).

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

25 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
11 not plugged
Horizontal
0
First completion
Sep 5, 2007
Latest permit
Aug 30, 2024

A pooling certificate was filed

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

Wells and acres on the permits for Watson
API numberWell no.Acreson the permit
42-401-34431125

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 WATSON sold each month.

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

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.

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 WATSON
MonthOil producedbblOil soldbblWTI$ per bblHenry Hub$ per MMBtu
Feb 2025Stroud Petroleum,00$71.53$4.19
Jan 2025Stroud Petroleum,00$75.74$4.13
Dec 2024Stroud Petroleum,00$70.12$3.01
Nov 2024Stroud Petroleum,00$69.95$2.12
Oct 2024Stroud Petroleum,00$71.99$2.20
Sep 2024Stroud Petroleum,00$70.24$2.28
Aug 2024Stroud Petroleum,00$76.68$1.99
Jul 2024Stroud Petroleum,00$81.80$2.07
Jun 2024Stroud Petroleum,00$79.77$2.54
May 2024Stroud Petroleum,00$80.02$2.12
Apr 2024Stroud Petroleum,00$85.35$1.60
Mar 2024Stroud Petroleum,00$81.28$1.49
Feb 2024Stroud Petroleum,00$77.25$1.72
Jan 2024Stroud Petroleum,00$74.15$3.18
Dec 2023Stroud Petroleum,00$71.90$2.52
Nov 2023Stroud Petroleum,00$77.69$2.71
Oct 2023Stroud Petroleum,00$85.64$2.98
Sep 2023Stroud Petroleum,00$89.43$2.64
Aug 2023Stroud Petroleum,00$81.39$2.58
Jul 2023Stroud Petroleum,00$76.07$2.55
Jun 2023Stroud Petroleum,00$70.25$2.18
May 2023Stroud Petroleum,00$71.58$2.15
Apr 2023Stroud Petroleum,00$79.45$2.16
Mar 2023Stroud Petroleum,00$73.28$2.31
Feb 2023Stroud Petroleum,00$76.83$2.38
Jan 2023Stroud Petroleum,00$78.12$3.27
Dec 2022Stroud Petroleum,00$76.44$5.53
Nov 2022Stroud Petroleum,00$84.37$5.45
Oct 2022Stroud Petroleum,00$87.55$5.66
Sep 2022Stroud Petroleum,00$84.26$7.88
Aug 2022Stroud Petroleum,00$93.67$8.81
Jul 2022Stroud Petroleum,00$101.62$7.28
Jun 2022Stroud Petroleum,00$114.84$7.70
May 2022Stroud Petroleum,00$109.55$8.14
Apr 2022Stroud Petroleum,00$101.78$6.60
Mar 2022Stroud Petroleum,00$108.50$4.90

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 WATSON. We compare volumes, prices, deductions and timing with the state record and give you the exact question to ask Stroud Petroleum, Inc.

Check my statementTry a sample owner
  • 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

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

This lease belongs to

OperatorStroud Petroleum, Inc.FieldGood Springs (Pettit)CountyRusk County

Stroud Petroleum, Inc. in Rusk County

All Stroud Petroleum, Inc. leases →

Good Springs (Pettit) 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 2025?

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 15045, district 06, 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.