Statement of Changes in Beneficial Ownership (4)

FORM 4

[ ] Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES

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3235-0287

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Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940

1. Name and Address of Reporting Person * WATSON ROBERT L G	2. Issuer Name and Ticker or Trading Symbol ABRAXAS PETROLEUM CORP [ AXAS ]	5. Relationship of Reporting Person(s) to Issuer (Check all applicable) _____ Director                    _____ 10% Owner __X__ Officer (give title below)    _____ Other (specify below) President/CEO
(Last)          (First)          (Middle) 18803 MEISNER DRIVE	3. Date of Earliest Transaction (MM/DD/YYYY) 2/7/2020
(Street) SAN ANTONIO, TX 78258 (City)        (State)        (Zip)	4. If Amendment, Date Original Filed (MM/DD/YYYY)	6. Individual or Joint/Group Filing (Check Applicable Line) _X _ Form filed by One Reporting Person ___ Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security (Instr. 3)	2. Trans. Date	2A. Deemed Execution Date, if any	3. Trans. Code (Instr. 8)		4. Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Abraxas Petroleum Common Stock								1616882	D
Abraxas Petroleum Common Stock	2/7/2020		P(1)		35380	A	$0.28	279983	I	401-K

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivate Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Trans. Date	3A. Deemed Execution Date, if any	4. Trans. Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Performance-based Restricted Stock Unit	$2.37							4/2/2021	4/2/2021	Abraxas Petroleum Common Stock	52511		0	D
Employee Stock Option	$.97							3/15/2017	3/15/2026	Abraxas Petroleum Common Stock	415000		415000	D
Employee Stock Option	$3.16							3/3/2016	3/3/2025	Abraxas Petroleum Common Stock	300000		300000	D
Employee Stock Option	$3.15							3/11/2016	3/11/2025	Abraxas Petroleum Common Stock	46000		46000	D
Employee Stock Option	$2.39							5/14/2014	5/14/2023	Abraxas Petroleum Common Stock	42000		42000	D
Employee Stock Option	$3.74							3/8/2013	3/8/2022	Abraxas Petroleum Common Stock	20000		20000	D
Employee Stock Option	$4.72							3/15/2012	3/15/2021	Abraxas Petroleum Common Stock	60000		60000	D
Employee Stock Option	$2.09							3/16/2011	3/16/2020	Abraxas Petroleum Common Stock	90000		90000	D
Employee Stock Option	$3.60							8/28/2011	8/28/2020	Abraxas Petroleum Common Stock	41624		41624	D
Performance-based Restricted Stock Unit	$1.34							4/1/2023	4/1/2023	Abraxas Petroleum Common Stock	97015		97015	D

Explanation of Responses:
(1)	Employer Safe Harbor match to 401-K for the year ended December 31, 2019.

Reporting Owners
Reporting Owner Name / Address	Relationships
	Director	10% Owner	Officer	Other
WATSON ROBERT L G 18803 MEISNER DRIVE SAN ANTONIO, TX 78258			President/CEO

Signatures
Robert L.G. Watson		2/10/2020
**Signature of Reporting Person		Date