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 - Sep 2024
Total Oil Production21,387 BBLs
Total Gas Production9,950,108 MCF
Recent Oil Production27 BBLs in Aug 2024
Recent Gas Production16,026 MCF in Aug 2024
Wells on Property6

Our Valuation Estimates for Watson Gas Unit

ShaleAssessment

$59,657 *

MarketMultiple

$43,165 **

* 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 Sep 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, TX45 BBLs18,180 MCFSep 2024
Beard POPanola County, TX49 BBLs3,643 MCFSep 2024
Beckworth Gas UnitRusk County, TX0 BBLs0 MCFJan 2024
Brown Annie 2HRusk County, TX40 BBLs11,318 MCFSep 2024
Cullers J. Edgar Gas UnitRusk County, TX1 BBLs80 MCFSep 2024
GoodrichPanola County, TX0 BBLs1,314 MCFSep 2024
Hair Gas UnitRusk County, TX13 BBLs5,133 MCFSep 2024
Jenkins Felix W. Gas UnitRusk County, TX6 BBLs2,776 MCFSep 2024
JimmersonRusk County, TX0 BBLs1,591 MCFSep 2024
Kangerga MichaelRusk County, TX79 BBLs20,420 MCFSep 2024
Kinsey Joe SRusk County, TX15 BBLs3,157 MCFSep 2024
McAlister Gas UnitRusk County, TX0 BBLs2,336 MCFSep 2024
Merritt Thomas C. TrusteeRusk County, TX8 BBLs2,218 MCFSep 2024
Overton GRusk County, TX7 BBLs25,300 MCFSep 2024
Ross Tucker GuRusk County, TX0 BBLs80 MCFSep 2024
SenesacRusk County, TX630 BBLs45,646 MCFSep 2024
Taylor A.BRusk County, TX44 BBLs5,358 MCFSep 2024
WallaceRusk County, TX69 BBLs3,363 MCFSep 2024
WilliamsonPanola County, TX1 BBLs583 MCFSep 2024
Young Gas UnitRusk County, TX2 BBLs4,169 MCFSep 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