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Texas oil lease

Producing

WATSON, L. M.

Watson, L. M. is an oil lease in Ward County, Texas, operated by Jetta Operating Company, Inc. in the Scott (Delaware) field.

8 wells

9,895bbl oil, last 12 months−19% vs prior year
Operator
Jetta Operating Company, Inc.
County
Ward County
Field
Scott (Delaware)
RRC lease
08-25109

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Where it sits

This county

Ward CountyWardWinklerCraneLovingReevesEctorWard County
Ward County
Gas, last 12 months
47,934 mcf
Oil in Jul 2026
671 bbl

Checks stopped on this lease?

  • Operator

    Operator changed: Jetta Operating Company, Inc. took over from Pitts Energy Co. in Aug 2025.

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

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Production by month

Oil output fell 19% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output fell 19% over the last 12 monthsMonthly oil production and gas for WATSON, L. M., Aug 2023 to Jul 2026. Oil output fell 19% over the last 12 months. 9,895 bbl in the 12 months through Jul 2026, against 12,165 bbl in the 12 months before.Last 12 months: 9,895 bblbbl per monthmcf per month005002,0001,0004,0001,5006,0002,0008,000Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output fell 19% over the last 12 monthsMonthly oil production and gas for WATSON, L. M., Aug 2023 to Jul 2026. Oil output fell 19% over the last 12 months. 9,895 bbl in the 12 months through Jul 2026, against 12,165 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month005002,0001,0004,0001,5006,0002,0008,000Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

Since Aug 2025 the lease's gas goes to a processing plant instead of a transmission line

  • Processing plant (3)
  • Transmission line (2)
Since Aug 2025 the lease's gas goes to a processing plant instead of a transmission lineShare of WATSON, L. M. gas by disposition code each month, Aug 2023 to Jul 2026. Since Aug 2025 the lease's gas goes to a processing plant instead of a transmission line.Share of the lease’s gas by disposition code, per month0%50%100%Aug 2025: line to plantOct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Since Aug 2025 the lease's gas goes to a processing plant instead of a transmission lineShare of WATSON, L. M. gas by disposition code each month, Aug 2023 to Jul 2026. Since Aug 2025 the lease's gas goes to a processing plant instead of a transmission line.Share of gas by disposition code0%50%100%Aug 25: line to plantJan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

  • Processing plant (3)

    93% · 47,934 mcf

  • Transmission line (2)

    7.2% · 3,729 mcf

Who has run this lease

The operator changed once, most recently in Aug 2025

Operators of this lease over timePitts Energy Co., Jan 2020 to Jul 2025; Jetta Operating Company, Inc., Aug 2025 to Jul 20262020202120222023202420252026Changed Aug 2025Pitts Energy Co.Jan 2020 to Jul 2025Jetta Operating Company, Inc.Aug 2025 to now
Operators of this lease over timePitts Energy Co., Jan 2020 to Jul 2025; Jetta Operating Company, Inc., Aug 2025 to Jul 20262020202120222023202420252026Changed Aug 2025Pitts Energy Co.Jan 2020 to Jul 2025Jetta Operating Company, Inc.Aug 2025 to now

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

8 wells on this lease

Wells on WATSON, L. M.
API numberWell no.Status
42-475-316941 UActive
42-475-316952 UActive
42-475-317193 UActive
42-475-322756Active
42-475-337325 UActive
42-475-352867Active
42-475-355028Active
42-475-356369Active

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%FromUntil
Energy Trans Crude Marketing LLCOilGathers100Jul 1, 2026–
Brazos Midstream Operating, LLCCasinghead gasBuys100May 1, 2017–
Brazos Midstream Operating, LLCCasinghead gasGathers100May 1, 2017–
Enterprise Crude Oil LLCOilGathers100Apr 1, 2018Jul 1, 2026

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

Who buys my oilOil price check

560 acres on the newest permit

  • Good to know

    The wells on this lease state different acreage

    The permits state between 520 and 560 acres. Use the acres from your own division order for the well you are paid on.

  • Good to know

    18 wells are listed on this lease

    Each well can have its own unit. The decimal for one well does not have to equal the decimal for another.

Check your decimal on this lease
Permits for Watson, L. M.
API numberWell no.Acreson the permit
42-475-322756560
42-475-356369520
42-475-355028520
42-475-352867520
42-475-337325520
42-475-337325 U520
42-475-317193520
42-475-317193032 U520
42-475-317193 U520
42-475-316941560
42-475-316941032560
42-475-316941032 U560

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

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36 months, newest first

Ledger for WATSON, L. M.
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 2026Jetta Operating6715503,2623,2620$80.46$2.89
Jun 2026Jetta Operating639690000$84.81$3.15
May 2026Jetta Operating7045234,1384,1380$102.13$2.94
Apr 2026Jetta Operating7718592,9592,9590$100.32$2.77
Mar 2026Jetta Operating8786883,4443,4440$91.38$3.04
Feb 2026Jetta Operating7928824,3774,3770$64.51$3.62
Jan 2026Jetta Operating9331,0564,7034,7030$60.04$7.72
Dec 2025Jetta Operating9668865,1395,1390$57.97$4.26
Nov 2025Jetta Operating9021,0444,5034,5030$60.06$3.79
Oct 2025Jetta Operating8908784,8884,8880$60.89$3.19
Sep 2025Jetta Operating8217104,6364,6360$63.96$2.97
Aug 2025Jetta Operating9288675,8855,8850$64.86$2.91
Jul 2025Pitts Energy9381,0213,7293,7290$68.39$3.20
Jun 2025Pitts Energy1,0141,0425,5835,5830$68.17$3.02
May 2025Pitts Energy1,1631,2205,3495,3490$62.17$3.12
Apr 2025Pitts Energy1,0451,0374,9474,9470$63.54$3.42
Mar 2025Pitts Energy1,1331,0345,2905,2900$68.24$4.12
Feb 2025Pitts Energy9691,0665,1035,1030$71.53$4.19
Jan 2025Pitts Energy9928895,4685,4680$75.74$4.13
Dec 2024Pitts Energy9631,0595,5795,5790$70.12$3.01
Nov 2024Pitts Energy1,0791,0365,6475,6470$69.95$2.12
Oct 2024Pitts Energy1,1611,2305,6495,6490$71.99$2.20
Sep 2024Pitts Energy9136764,6024,6020$70.24$2.28
Aug 2024Pitts Energy7951,0104,5634,5630$76.68$1.99
Jul 2024Pitts Energy9271,0226,2566,2560$81.80$2.07
Jun 2024Pitts Energy1,4651,3566,8956,8950$79.77$2.54
May 2024Pitts Energy7766634,5454,5450$80.02$2.12
Apr 2024Pitts Energy1,2441,5316,2356,2350$85.35$1.60
Mar 2024Pitts Energy1,4101,1966,0006,0000$81.28$1.49
Feb 2024Pitts Energy1,1061,2025,2795,2790$77.25$1.72
Jan 2024Pitts Energy1,0621,0805,9515,9510$74.15$3.18
Dec 2023Pitts Energy9087314,9974,9970$71.90$2.52
Nov 2023Pitts Energy1,0941,2466,1476,1470$77.69$2.71
Oct 2023Pitts Energy1,5711,5996,3776,3770$85.64$2.98
Sep 2023Pitts Energy1,2381,2506,2606,2600$89.43$2.64
Aug 2023Pitts Energy1,1951,2405,5455,5450$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

OperatorJetta Operating Company, Inc.FieldScott (Delaware)CountyWard County

Jetta Operating Company, Inc. in Ward County

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Scott (Delaware) field

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