WALTON

Name: WALTON lease production and value, Jan 1993 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

Operated by WAGNER OIL COMPANY (P-5 891175) in the RAY-WILCOX (MASSIVE 1ST) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 3866District 02Field 74947426CondensateGasSave Export

Value, all time

$632 k

Jan 1993 – Jun 2000

Value, last 12 filed months

$32 k

at the published price for each month

Months reported

no gaps in the span

Streams

condensate, gas

The RAY-WILCOX (MASSIVE 1ST) field

The Railroad Commission's own record for the field this lease produces from, including the spacing rule that governs how close together its wells may be drilled.

These are facts about the field, not about this lease. The field holds 6 leases and 6 wells, and the rule below applies to all of them.

Discovered

1960-11-02

as the register files it

Field class

Gas

the register's own label

Between wells

2,640 ft

minimum

From a lease line

330 ft

minimum

A drilling unit in this field needs at least 320 acres. The field rule took effect on 1993-06-01.

The Commission's schedule remark for this field reads: “AOF 1 & 2 FORMS FILED TO SUSPEND ALLOCATION FORMULA FOR 3/1/98”

What this lease produced, and what it was worth

Oil and condensate are valued on the volume the state records as disposed of; gas and casinghead gas on the volume produced. They are different columns of different files, and the difference is not cosmetic.

Stream	Basis	Volume	Value
Condensate	Disposition	10,434 bbl	$175,111
Gas	Production	877,354 Mcf	$457,164
Total			$632,275

684,825 Mcf of this lease's gas, across 48 months, carries no value here. No free Texas wellhead gas price exists before 1997, so those months are left out of the total rather than valued at zero. The total above is therefore a floor, not an estimate.

Wells on this lease (1)

Every wellbore the Railroad Commission records against this lease key, with the depth, the last completion and the plug date exactly as filed. A well with no plug date is not stated to be producing — the state files no such flag.

These wells centre on 28.5430, -97.8535. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

28.54304, -97.85354 · centre of the wells drawn, derived⌘ or Ctrl + scroll to zoom

What these wells add up to

Every figure below is counted over all of this lease's wells, not over the rows listed above. The Railroad Commission files two facts about a well's state — a plug date and a proration-schedule flag — and a well can carry both, so they are published as separate counts and never merged into a status.

On the schedule

100.0%

1 of 1 wells

With a plug date

100.0%

1 of 1 wells

Median depth

8,350 ft

1 wells filed one

Completion to plug

5.6 years

median over 1 well

What the state filed about each well

On the RRC proration schedule

1100.0%

A plug date is filed

1100.0%

BothOn the schedule and plugged. Neither fact cancels the other.

1100.0%

NeitherNo plug date, and not on the schedule.

00.0%

A plug date is the date the Commission recorded the wellbore as sealed with cement and abandoned. It is the only end-of-life fact Texas files. There is no "active" flag on a well, so this page does not print one — a well with no plug date is not stated to be producing.

How deep they were drilled

The one well that filed a depth was drilled to 8,350 ft.

Completions filed

Mar 2006

1 of 1 wells

Plug dates filed

Oct 2011

1 of 1 wells

Last completion to plug: a median of 5.6 years across the 1 well that filed both dates, with the middle half between 5.6 years and 5.6 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well


42-02502885	1	8,350 ft	Mar 2006	Oct 2011	Yes

The API number is the state's, prefixed 42 for Texas. A well is matched to this lease by the lease key the Commission files on the wellbore record, so a well that has moved between leases appears under each one it was filed against.

Every month this lease reported (90)

Volume × price = value, one row per cycle. The price columns are the same series published on the prices page — nothing here is modelled.

90 months


Jun 2000	0	0	29.30	4.40	$0
May 2000	0	0	27.26	3.68	$0
Apr 2000	125	0	24.51	3.12	$3,064
Mar 2000	0	0	28.42	2.86	$0
Feb 2000	0	0	27.62	2.73	$0
Jan 2000	0	645	25.27	2.48	$1,600
Dec 1999	0	1,182	24.28	2.42	$2,865
Nov 1999	0	1,110	23.19	2.43	$2,702
Oct 1999	0	1,734	20.98	2.80	$4,862
Sep 1999	0	1,638	21.75	2.62	$4,290
Aug 1999	0	2,572	19.26	2.88	$7,396
Jul 1999	0	2,411	17.89	2.37	$5,720
Jun 1999	0	2,087	15.94	2.36	$4,930
May 1999	0	1,898	15.79	2.32	$4,405
Apr 1999	0	2,444	15.10	2.21	$5,396
Mar 1999	0	3,188	12.47	1.84	$5,861
Feb 1999	0	3,457	9.98	1.82	$6,284
Jan 1999	0	3,312	10.38	1.90	$6,293
Dec 1998	0	3,067	9.20	1.77	$5,439
Nov 1998	0	2,883	10.89	2.19	$6,301
Oct 1998	106	5,922	12.42	1.97	$12,978
Sep 1998	0	7,011	12.59	2.08	$14,601
Aug 1998	80	6,970	11.30	1.91	$14,198
Jul 1998	0	7,120	11.74	2.24	$15,929
Jun 1998	81	6,250	11.24	2.24	$14,893
May 1998	0	7,122	12.62	2.21	$15,714
Apr 1998	77	6,659	13.04	2.51	$17,687
Mar 1998	73	6,595	12.80	2.31	$16,165
Feb 1998	76	6,044	13.95	2.30	$14,956
Jan 1998	82	6,719	14.70	2.15	$15,683
Dec 1997	116	7,717	16.32	2.41	$20,500
Nov 1997	0	7,818	18.19	3.09	$24,144
Oct 1997	100	8,066	19.25	3.15	$27,331
Sep 1997	141	8,741	17.74	2.95	$28,330
Aug 1997	137	8,500	17.86	2.55	$24,162
Jul 1997	0	7,486	17.58	2.25	$16,821
Jun 1997	132	7,608	17.24	2.26	$19,448
May 1997	131	7,700	18.97	2.31	$20,261
Apr 1997	133	7,992	17.88	2.08	$19,024
Mar 1997	136	7,487	18.95	1.94	$17,096
Feb 1997	0	6,465	20.49	2.21	$14,261
Jan 1997	142	6,909	23.48	3.54	$27,790
Dec 1996	105	7,847	23.32	—	$2,449
Nov 1996	147	6,492	21.97	—	$3,230
Oct 1996	139	11,388	23.31	—	$3,240
Sep 1996	149	10,686	22.22	—	$3,311
Aug 1996	131	11,437	20.26	—	$2,654
Jul 1996	130	8,743	19.55	—	$2,542
Jun 1996	0	9,860	18.73	—	$0
May 1996	145	13,548	19.43	—	$2,817
Apr 1996	140	11,470	21.51	—	$3,011
Mar 1996	149	6,191	19.38	—	$2,888
Feb 1996	129	6,191	16.98	—	$2,190
Jan 1996	141	9,783	17.07	—	$2,407
Dec 1995	125	9,200	17.19	—	$2,149
Nov 1995	140	11,280	16.00	—	$2,240
Oct 1995	127	9,414	15.43	—	$1,960
Sep 1995	146	9,056	16.18	—	$2,362
Aug 1995	144	14,196	15.92	—	$2,292
Jul 1995	134	16,119	15.24	—	$2,042
Jun 1995	129	11,863	16.41	—	$2,117
May 1995	133	9,362	17.56	—	$2,335
Apr 1995	141	12,121	17.73	—	$2,500
Mar 1995	289	11,628	16.44	—	$4,751
Feb 1995	156	11,636	16.58	—	$2,586
Jan 1995	146	12,510	15.92	—	$2,324
Dec 1994	160	12,768	15.03	—	$2,405
Nov 1994	133	11,564	15.90	—	$2,115
Oct 1994	144	15,418	15.58	—	$2,244
Sep 1994	155	15,980	15.29	—	$2,370
Aug 1994	164	14,879	16.13	—	$2,645
Jul 1994	167	18,281	17.56	—	$2,933
Jun 1994	286	15,520	17.09	—	$4,888
May 1994	155	16,570	15.88	—	$2,461
Apr 1994	163	16,397	14.14	—	$2,305
Mar 1994	326	17,566	12.46	—	$4,062
Feb 1994	148	16,719	12.50	—	$1,850
Jan 1994	314	18,354	12.66	—	$3,975
Dec 1993	311	18,292	12.33	—	$3,835
Nov 1993	168	18,433	14.49	—	$2,434
Oct 1993	150	16,631	15.85	—	$2,378
Sep 1993	160	18,097	15.03	—	$2,405
Aug 1993	146	19,002	15.66	—	$2,286
Jul 1993	140	21,023	15.46	—	$2,164
Jun 1993	294	26,302	16.79	—	$4,936
May 1993	421	28,611	17.68	—	$7,443
Apr 1993	315	24,326	18.05	—	$5,686
Mar 1993	270	17,964	18.14	—	$4,898
Feb 1993	292	15,453	17.90	—	$5,227
Jan 1993	269	18,654	16.93	—	$4,554

How to read this page

The arithmetic is one multiplication per stream per month. Here it is, worked, on a real row from the table above.

Apr 2000 — as filed, then multipliedworked

Condensate           125 bbl  × $ 24.51 =     $3,064
Gas                    0 Mcf  × $  3.12 =         $0

────────────────────────────────────────────────────
Month total                                   $3,064

The volumes are the state's, unchanged

Every barrel and every Mcf on this page is a number the Railroad Commission of Texas published in its monthly production query. Nothing is modelled, estimated or filled in.

The dollars are a multiplication, not a valuation

Volume × a published monthly price. It is not what the operator was paid: it takes no account of a contract, a differential, a transportation deduction, or the share any one owner holds.

Oil and gas are priced differently

Oil is a Texas realisation — the crude oil first purchase price. Gas is a benchmark, because no free Texas wellhead gas series exists at any date. The prices page publishes the difference rather than correcting it away.

A lease is not a well

The state reports oil on lease and gas on well, and this page is the lease grain. 02/G/3866 is the state's own key, not one this site invented.