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Texas oil lease

Producing

WATSON, J. T.

Watson, J. T. is an oil lease in Eastland County, Texas, operated by Pearson, Lee Roy III in the Augustine (Lower Ranger) field.

2 wells

2,084bbl oil, last 12 months+17% vs prior year
Operator
Pearson, Lee Roy III
County
Eastland County
Field
Augustine (Lower Ranger)
RRC lease
7B-27056

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Where it sits

This county

Eastland CountyEastlandShackelfordCallahanPalo PintoErathComancheStephensEastland County
Eastland County
Gas, last 12 months
4,613 mcf
Oil in Jul 2026
187 bbl

Production by month

Oil output rose 17% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output rose 17% over the last 12 monthsMonthly oil production and gas for WATSON, J. T., Aug 2023 to Jul 2026. Oil output rose 17% over the last 12 months. 2,084 bbl in the 12 months through Jul 2026, against 1,781 bbl in the 12 months before.Last 12 months: 2,084 bblbbl per monthmcf per month0050200100400150600200800Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output rose 17% over the last 12 monthsMonthly oil production and gas for WATSON, J. T., Aug 2023 to Jul 2026. Oil output rose 17% over the last 12 months. 2,084 bbl in the 12 months through Jul 2026, against 1,781 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month0050200100400150600200800Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

Since Dec 2025 the lease's gas goes to a processing plant instead of lease fuel

  • Processing plant (3)
  • Lease fuel (1)
Since Dec 2025 the lease's gas goes to a processing plant instead of lease fuelShare of WATSON, J. T. gas by disposition code each month, Aug 2023 to Jul 2026. Since Dec 2025 the lease's gas goes to a processing plant instead of lease fuel.Share of the lease’s gas by disposition code, per month0%50%100%Dec 2025: fuel to plantOct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Since Dec 2025 the lease's gas goes to a processing plant instead of lease fuelShare of WATSON, J. T. gas by disposition code each month, Aug 2023 to Jul 2026. Since Dec 2025 the lease's gas goes to a processing plant instead of lease fuel.Share of gas by disposition code0%50%100%Dec 25: fuel to plantJan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

  • Processing plant (3)

    92% · 4,239 mcf

  • Lease fuel (1)

    8.1% · 374 mcf

2 wells on this lease

Wells on WATSON, J. T.
API numberWell no.Status
42-133-379028DActive
42-133-805601Active

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%FromUntil
Energy Transfer Marketing & TermOilGathers100Dec 1, 2022–
Rangerreo, L.p.Casinghead gasBuys100May 1, 1999–
Rangerreo, L.p.Casinghead gasGathers100May 1, 1999–
Nominator Not Required / Swr 31Casinghead gasNominates100Nov 1, 1993Dec 1, 2022
Sunoco Ptnrs. Mktg.&terminals LPOilGathers100Apr 1, 2002Dec 1, 2022

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

Who buys my oilOil price check

240 acres on the newest permit

  • Good to know

    The wells on this lease state different acreage

    The permits state between 80 and 240 acres. Use the acres from your own division order for the well you are paid on.

Check your decimal on this lease
Permits for Watson, J. T.
API numberWell no.Acreson the permit
42-133-379028D240
42-133-80560180

SourceRailroad Commission drilling permits, Sep 26, 2026 (source 1, source 2).

Unit decimal checker

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36 months, newest first

Ledger for WATSON, J. T.
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 20261871774394390$80.46$2.89
Jun 20261721784014010$84.81$3.15
May 20261801754014010$102.13$2.94
Apr 20261861783993990$100.32$2.77
Mar 20261871743623620$91.38$3.04
Feb 20261681713633630$64.51$3.62
Jan 20261861773533530$60.04$7.72
Dec 20251801783683680$57.97$4.26
Nov 202516017537400$60.06$3.79
Oct 20251741733793790$60.89$3.19
Sep 20251571763783780$63.96$2.97
Aug 20251471733963960$64.86$2.91
Jul 20251401783973970$68.39$3.20
Jun 20251301754024020$68.17$3.02
May 202514904074070$62.17$3.12
Apr 20251431644264260$63.54$3.42
Mar 20251581786616610$68.24$4.12
Feb 2025661774614610$71.53$4.19
Jan 20251911813843840$75.74$4.13
Dec 202413703583580$70.12$3.01
Nov 20241191692402400$69.95$2.12
Oct 20241861804054050$71.99$2.20
Sep 20241851803903900$70.24$2.28
Aug 20241771783963960$76.68$1.99
Jul 20241771754054050$81.80$2.07
Jun 20241491784044040$79.77$2.54
May 20241661784504500$80.02$2.12
Apr 20241601774904900$85.35$1.60
Mar 20241641814324320$81.28$1.49
Feb 20241441654144140$77.25$1.72
Jan 20241911814924920$74.15$3.18
Dec 202312803873870$71.90$2.52
Nov 20231181661341340$77.69$2.71
Oct 20231531833993990$85.64$2.98
Sep 20231331813903900$89.43$2.64
Aug 20239804114110$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

OperatorPearson, Lee Roy IIIFieldAugustine (Lower Ranger)CountyEastland County

Pearson, Lee Roy III in Eastland County

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Augustine (Lower Ranger) field

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