Watson Gas Unit

Oil & Gas Property in Rusk County, TX

Property Summary

Key data points for Watson Gas Unit

CountyRusk County, TX
Production DatesJan 1993 - Aug 2024
Total Oil Production21,355 BBLs
Total Gas Production9,934,655 MCF
Recent Oil Production29 BBLs in Jul 2024
Recent Gas Production17,292 MCF in Jul 2024
Wells on Property6

Our Valuation Estimates for Watson Gas Unit

ShaleAssessment

$60,461 *

MarketMultiple

$45,537 **

* Assessment based on future expected revenue
** Based on a 36 month multiple of average monthly estimated revenue

Based on a decimal interest

Watson Gas Unit Production Graph

Aggregated production of all wells and leases associated with this property
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to oil and gas production for Watson Gas Unit
from Jan 1993 to Aug 2024

Wells on Watson Gas Unit

API #Well NameOperatorStatusCountyEst. Daily Oil Prod.Est. Daily Gas Prod.Est. Daily Water Prod.LatitudeLongitude
42-401-30307WATSON GAS UNIT 1MERIT ENERGY COMPANYProducingRusk County, TX32.248168-94.600076
42-401-32353WATSON GAS UNIT 2MERIT ENERGY COMPANYProducingRusk County, TX32.259842-94.601567
42-401-32354WATSON GAS UNIT 3MERIT ENERGY COMPANYProducingRusk County, TX32.252663-94.604990
42-401-35021WATSON GAS UNIT 4MERIT ENERGY COMPANYProducingRusk County, TX32.254709-94.600120
42-401-35051WATSON GAS UNIT 5HMERIT ENERGY COMPANYProducingRusk County, TX32.247658-94.598371
42-401-35073WATSON GAS UNIT 7HMERIT ENERGY COMPANYProducingRusk County, TX32.260897-94.597920

Leases included in Watson Gas Unit

Lease #Lease NameOperatorCountyMonthly Oil Prod.Monthly Gas Prod.
06-068273WATSON GAS UNIT 1MERIT ENERGY COMPANYRusk County, TX
06-140176WATSON GAS UNIT 2MERIT ENERGY COMPANYRusk County, TX
06-140399WATSON GAS UNIT 3MERIT ENERGY COMPANYRusk County, TX
06-257562WATSON GAS UNIT 7HMERIT ENERGY COMPANYRusk County, TX
06-258044WATSON GAS UNIT 5HMERIT ENERGY COMPANYRusk County, TX
06-258292WATSON GAS UNIT 4BP AMERICA PRODUCTION COMPANYRusk County, TX
06-264356WATSON GAS UNIT 4MERIT ENERGY COMPANYRusk County, TX

Operators Associated With Watson Gas Unit

Nearby Properties

These are the closest 20 properties to the Watson Gas Unit property.

Property NameLocationOil Prod.Gas Prod.Prod. Period
Adams W.T. 2HRusk County, TX49 BBLs19,049 MCFAug 2024
Beard POPanola County, TX10 BBLs2,118 MCFAug 2024
Beckworth Gas UnitRusk County, TX0 BBLs0 MCFJan 2024
Brown Annie 2HRusk County, TX58 BBLs12,904 MCFAug 2024
Cullers J. Edgar Gas UnitRusk County, TX2 BBLs146 MCFAug 2024
GoodrichPanola County, TX0 BBLs1,706 MCFAug 2024
Hair Gas UnitRusk County, TX15 BBLs5,578 MCFAug 2024
Jenkins Felix W. Gas UnitRusk County, TX7 BBLs3,129 MCFAug 2024
JimmersonRusk County, TX0 BBLs1,534 MCFAug 2024
Kangerga MichaelRusk County, TX83 BBLs20,940 MCFAug 2024
Kinsey Joe SRusk County, TX14 BBLs2,761 MCFAug 2024
McAlister Gas UnitRusk County, TX0 BBLs2,503 MCFAug 2024
Merritt Thomas C. TrusteeRusk County, TX2 BBLs2,324 MCFAug 2024
Overton GRusk County, TX10 BBLs25,558 MCFAug 2024
Ross Tucker GuRusk County, TX0 BBLs66 MCFAug 2024
SenesacRusk County, TX687 BBLs46,929 MCFAug 2024
Taylor A.BRusk County, TX21 BBLs9,785 MCFAug 2024
WallaceRusk County, TX81 BBLs3,728 MCFAug 2024
WilliamsonPanola County, TX4 BBLs1,559 MCFAug 2024
Young Gas UnitRusk County, TX2 BBLs4,308 MCFAug 2024

Owners of Watson Gas Unit

Royalty Ownership data is obtained from public records
YearOwnerProperty NameOperatorPercentageInterest TypeAppraisal ValueLegal Desciption
2024MERIT ENERGY COMPANYWATSON GU (7H)MERIT ENERGY COMPANY
2024MERIT ENERGY COMPANYWATSON GU (1/2/3)MERIT ENERGY COMPANY
2024MERIT ENERGY COMPANYWATSON GU (1/2/3)MERIT ENERGY COMPANY
2024MERIT ENERGY COMPANYWATSON GU (1/2/3)MERIT ENERGY COMPANY
2024MERIT ENERGY COMPANYWATSON GU (5H)MERIT ENERGY COMPANY
2024MERIT ENERGY COMPANYWATSON GU (4)MERIT ENERGY COMPANY
2024HCB INCWATSON GU (7H)MERIT ENERGY COMPANY
2024HCB INCWATSON GU (1/2/3)MERIT ENERGY COMPANY
Displaying 8 of 204 Owners   --   Full Ownership Data Available for Subscribers Only

Oil & Gas Sales on Watson Gas Unit

Lease #Lease NameReporting PeriodProductVolumeValueGross PricePurchaserProducer
Lease #Lease NameReporting PeriodProductOil VolumeOil ValueCalculated Oil PricePurchaserProducer
06-068273WATSON GAS UNIT 1Jul 2024MIDCOAST G & P (EAST TEXAS) L.P.MERIT ENERGY COMPANY, LLC
06-140176WATSON GAS UNIT 2Jul 2024PLAINS MARKETING, L.P.MERIT ENERGY COMPANY, LLC
06-140176WATSON GAS UNIT 2Jul 2024MIDCOAST G & P (EAST TEXAS) L.P.MERIT ENERGY COMPANY, LLC
06-140399WATSON GAS UNIT 3Jul 2024PLAINS MARKETING, L.P.MERIT ENERGY COMPANY, LLC
06-140399WATSON GAS UNIT 3Jul 2024MIDCOAST G & P (EAST TEXAS) L.P.MERIT ENERGY COMPANY, LLC
06-257562WATSON GAS UNIT 7HJul 2024MIDCOAST G & P (EAST TEXAS) L.P.MERIT ENERGY COMPANY, LLC
06-258044WATSON GAS UNIT 5HJul 2024MIDCOAST G & P (EAST TEXAS) L.P.MERIT ENERGY COMPANY, LLC
06-264356WATSON GAS UNIT 4Jul 2024PLAINS MARKETING, L.P.MERIT ENERGY COMPANY, LLC
06-264356WATSON GAS UNIT 4Jul 2024MIDCOAST G & P (EAST TEXAS) L.P.MERIT ENERGY COMPANY, LLC
06-068273WATSON GAS UNIT 1Jun 2024MIDCOAST G & P (EAST TEXAS) L.P.MERIT ENERGY COMPANY, LLC
06-140176WATSON GAS UNIT 2Jun 2024PLAINS MARKETING, L.P.MERIT ENERGY COMPANY, LLC
06-140176WATSON GAS UNIT 2Jun 2024MIDCOAST G & P (EAST TEXAS) L.P.MERIT ENERGY COMPANY, LLC
06-140399WATSON GAS UNIT 3Jun 2024PLAINS MARKETING, L.P.MERIT ENERGY COMPANY, LLC
06-140399WATSON GAS UNIT 3Jun 2024MIDCOAST G & P (EAST TEXAS) L.P.MERIT ENERGY COMPANY, LLC
06-257562WATSON GAS UNIT 7HJun 2024MIDCOAST G & P (EAST TEXAS) L.P.MERIT ENERGY COMPANY, LLC
06-258044WATSON GAS UNIT 5HJun 2024MIDCOAST G & P (EAST TEXAS) L.P.MERIT ENERGY COMPANY, LLC
06-264356WATSON GAS UNIT 4Jun 2024PLAINS MARKETING, L.P.MERIT ENERGY COMPANY, LLC
06-264356WATSON GAS UNIT 4Jun 2024MIDCOAST G & P (EAST TEXAS) L.P.MERIT ENERGY COMPANY, LLC
06-068273WATSON GAS UNIT 1May 2024MIDCOAST G & P (EAST TEXAS) L.P.MERIT ENERGY COMPANY, LLC
06-140176WATSON GAS UNIT 2May 2024PLAINS MARKETING, L.P.MERIT ENERGY COMPANY, LLC
06-140176WATSON GAS UNIT 2May 2024MIDCOAST G & P (EAST TEXAS) L.P.MERIT ENERGY COMPANY, LLC
06-140399WATSON GAS UNIT 3May 2024PLAINS MARKETING, L.P.MERIT ENERGY COMPANY, LLC
06-140399WATSON GAS UNIT 3May 2024MIDCOAST G & P (EAST TEXAS) L.P.MERIT ENERGY COMPANY, LLC
06-257562WATSON GAS UNIT 7HMay 2024MIDCOAST G & P (EAST TEXAS) L.P.MERIT ENERGY COMPANY, LLC
06-258044WATSON GAS UNIT 5HMay 2024MIDCOAST G & P (EAST TEXAS) L.P.MERIT ENERGY COMPANY, LLC