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Texas gas well

Producing

WATTS-GISLER

Watts-Gisler is a gas well in Victoria County, Texas, operated by Field Petroleum Corp. in the Mission Valley (10,220) field.

1 well

26,480mcf gas, last 12 months−34% vs prior year
RRC lease
02-177966

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Where it sits

This county

Victoria CountyVictoriaGoliadLavacaCalhounGonzalesDe WittWhartonJacksonVictoria County
Victoria County
Oil, last 12 months
265 bbl
Gas in Jul 2026
2,916 mcf

Checks stopped on this lease?

  • Operator

    Operator changed: Field Petroleum Corp. took over from Vantage Operating, LLC in Nov 2024.

  • P-5

    The current operator's P-5 registration is listed as delinquent (last P-5 filed Aug 5, 2025).

  • Buyer

    Buyer changed: MILLER & SMITH GAS MARKETING INC replaced UPSTREAM ENERGY SERVICES as the buyer of this lease's gas from gas wells on Nov 1, 2024.

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 34% over the last 12 months

  • Gas (bars)
  • Oil (line)
  • Last 12 months
Gas output fell 34% over the last 12 monthsMonthly gas production and oil for WATTS-GISLER, Aug 2023 to Jul 2026. Gas output fell 34% over the last 12 months. 26,480 mcf in the 12 months through Jul 2026, against 39,974 mcf in the 12 months before.Last 12 months: 26,480 mcfmcf per monthbbl per month002,500505,0001007,50015010k20012.5k250Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Gas output fell 34% over the last 12 monthsMonthly gas production and oil for WATTS-GISLER, Aug 2023 to Jul 2026. Gas output fell 34% over the last 12 months. 26,480 mcf in the 12 months through Jul 2026, against 39,974 mcf in the 12 months before.Last 12 monthsmcf per monthbbl per month002,500505,0001007,50015010k20012.5k250Jan 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

  • Processing plant (3)
  • Lease fuel (1)
All of the gas went to a processing plant in the last 12 monthsShare of WATTS-GISLER 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 WATTS-GISLER 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 2 times, most recently in Nov 2024

Operators of this lease over timeUnion Gas Operating Company, Jan 2020 to Sep 2023; Vantage Operating, LLC, Oct 2023 to Oct 2024; Field Petroleum Corp., Nov 2024 to Jul 20262020202120222023202420252026Changed Oct 2023Changed Nov 2024Union Gas Operating CompanyJan 2020 to Sep 2023Vantage Operating, LLCOct 2023 to Oct 2024Field Petroleum Corp.Nov 2024 to now
Operators of this lease over timeUnion Gas Operating Company, Jan 2020 to Sep 2023; Vantage Operating, LLC, Oct 2023 to Oct 2024; Field Petroleum Corp., Nov 2024 to Jul 20262020202120222023202420252026Changed Oct 2023Changed Nov 2024Union Gas Operating CompanyJan 2020 to Sep 2023Vantage Operating, LLCOct 2023 to Oct 2024Field Petroleum Corp.Nov 2024 to now

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

1 well on this lease

Wells on WATTS-GISLER
API numberWell no.Status
42-469-334561Active

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%FromUntil
Genesis Crude Oil, L.p.CondensateGathers100Oct 1, 2023–
Miller & Smith Gas Marketing INCGas-well gasBuys100Nov 1, 2024–
Enterprise Products Operating LLCGas-well gasGathers100Aug 1, 2009–
Upstream Energy ServicesGas-well gasBuys100Oct 1, 2023Nov 1, 2024
Genesis Crude Oil, L.p.CondensateGathers50Aug 1, 2009Oct 1, 2023
Gulfmark Energy, Inc.CondensateGathers50Jun 1, 2018Oct 1, 2023
Union Gas Operating CompanyGas-well gasBuys100Aug 1, 2009Oct 1, 2023

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

40 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 Watts-Gisler
API numberWell no.Acreson the permit
42-469-33456140

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

Estimate your royalty

36 months, newest first

Ledger for WATTS-GISLER
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 2026Field Petroleum3302,9162,9160$80.46$2.89
Jun 2026Field Petroleum2802,8732,8730$84.81$3.15
May 2026Field Petroleum1602,8232,8230$102.13$2.94
Apr 2026Field Petroleum102,6252,6250$100.32$2.77
Mar 2026Field Petroleum5302,6072,6070$91.38$3.04
Feb 2026Field Petroleum701,4291,4290$64.51$3.62
Jan 2026Field Petroleum2001,3971,3970$60.04$7.72
Dec 2025Field Petroleum7004,2244,2240$57.97$4.26
Nov 2025Field Petroleum3502,5302,5300$60.06$3.79
Oct 2025Field Petroleum203633630$60.89$3.19
Sep 2025Field Petroleum001,6391,6390$63.96$2.97
Aug 2025Field Petroleum001,0541,0540$64.86$2.91
Jul 2025Field Petroleum94945,4965,4960$68.39$3.20
Jun 2025Field Petroleum7507,2887,2880$68.17$3.02
May 2025Field Petroleum471943,0963,0960$62.17$3.12
Apr 2025Field Petroleum4404,2464,2460$63.54$3.42
Mar 2025Field Petroleum10303,8363,8360$68.24$4.12
Feb 2025Field Petroleum821851,9661,9660$71.53$4.19
Jan 2025Field Petroleum4905,9885,9880$75.74$4.13
Dec 2024Field Petroleum2404,0584,0580$70.12$3.01
Nov 2024Field Petroleum005715710$69.95$2.12
Oct 2024Vantage Operating,101,6701,4990$71.99$2.20
Sep 2024Vantage Operating,085874160$70.24$2.28
Aug 2024Vantage Operating,16151,1721,0560$76.68$1.99
Jul 2024Vantage Operating,25281,3621,1910$81.80$2.07
Jun 2024Vantage Operating,1411616,2006,0290$79.77$2.54
May 2024Vantage Operating,52532,0611,8900$80.02$2.12
Apr 2024Vantage Operating,24325110,4019,6790$85.35$1.60
Mar 2024Vantage Operating,2011628,5908,0230$81.28$1.49
Feb 2024Vantage Operating,1661596,2575,8190$77.25$1.72
Jan 2024Vantage Operating,1911758,3347,8090$74.15$3.18
Dec 2023Vantage Operating,1491756,2855,8740$71.90$2.52
Nov 2023Vantage Operating,24225610,62310,0270$77.69$2.71
Oct 2023Vantage Operating,107904,5164,2870$85.64$2.98
Sep 2023Union Gas1431186,7496,1850$89.43$2.64
Aug 2023Union Gas53672,6272,3940$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

Field Petroleum Corp. in Victoria County

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Mission Valley (10,220) field

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