WALTERS GAS UNIT

Operated by FORTUNE RESOURCES LLC (P-5 278755) in the OAK HILL (COTTON VALLEY) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 189925District 06Field 664612752 tax incentive programmesCondensateGasSaveExport
Value, all time
$8.0 M
Jun 2002 – May 2026
Value, last 12 filed months
$67 k
at the published price for each month
Months reported
288
no gaps in the span
Streams
2
condensate, gas

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 2,275 leases and 2,276 wells, and the rule below applies to all of them.

Discovered
1976-11-17
as the register files it
Field class
Oil and gas
the register's own label
Between wells
1,200 ft
minimum
From a lease line
330 ft
minimum

A drilling unit in this field needs at least 20 acres. The field rule took effect on 2018-03-20.

The Commission's schedule remark for this field reads: FIELD. EFFECTIVE 4/12/16.

Severance-tax incentive filings

Applications the operator filed to have this lease's gas taxed at a reduced state rate. A filing is an application, and this page never calls one a reduction that was granted.

ProgrammeFilingsWith an approval dateDatedDocket
High Cost Gas112002-09-16148908
NGPA1none

This says nothing about a royalty. A severance tax is charged to the operator. Whether a reduced rate reaches a royalty owner depends on the wording of the lease instrument, which is a private contract this site does not hold.

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.

StreamBasisVolumeValue
CondensateDisposition2,214 bbl$113,597
GasProduction1,666,376 Mcf$7,844,343
Total$7,957,940

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 32.3332, -94.6368. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.33319, -94.63678 · centre of the wells drawn, derived

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
0.0%
0 of 1 wells
With a plug date
0.0%
0 of 1 wells
Median depth
10,580 ft
1 wells filed one
Completion to plug
no well filed both dates

What the state filed about each well

On the RRC proration schedule
00.0%
A plug date is filed
00.0%
BothOn the schedule and plugged. Neither fact cancels the other.
00.0%
NeitherNo plug date, and not on the schedule.
1100.0%

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 10,580 ft.

Completions filed
Jun 2002
1 of 1 wells

1 well

42-40133167310,580 ftJun 2002

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 (288)

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

288 months

May 202600106.413.05$0
Apr 202601,52098.932.87$4,362
Mar 202601,64189.753.15$5,168
Feb 202601,43363.503.75$5,374
Jan 202601,68259.138.00$13,453
Dec 202501,74656.664.41$7,706
Nov 202501,65958.593.93$6,514
Oct 202501,50959.383.30$4,987
Sep 202501,57562.743.08$4,846
Aug 202501,51563.933.01$4,567
Jul 202501,57966.743.32$5,235
Jun 202501,53166.483.13$4,790
May 202501,62660.553.23$5,256
Apr 202501,59962.363.54$5,665
Mar 202501,89167.704.27$8,071
Feb 202501,57770.884.34$6,846
Jan 202501,91374.324.28$8,185
Dec 202401,86568.993.12$5,821
Nov 202401,86969.052.20$4,109
Oct 202401,98571.372.28$4,529
Sep 202401,89569.612.36$4,480
Aug 202402,07875.632.06$4,288
Jul 202402,16679.932.15$4,650
Jun 202402,09778.082.63$5,523
May 202402,16578.812.20$4,760
Apr 202402,12484.451.66$3,524
Mar 202402,36980.301.55$3,660
Feb 202402,18976.091.78$3,904
Jan 202402,85173.023.30$9,402
Dec 202302,43271.262.61$6,349
Nov 202302,92277.892.81$8,204
Oct 202302,54485.443.09$7,854
Sep 202302,32389.042.74$6,354
Aug 202302,46380.522.67$6,583
Jul 202303,05074.852.64$8,057
Jun 202302,42368.962.26$5,472
May 202303,10570.622.23$6,916
Apr 202332,85478.122.24$6,621
Mar 202312,79372.852.39$6,757
Feb 202312,72875.112.47$6,801
Jan 202303,30676.533.39$11,200
Dec 202212,57076.415.73$14,800
Nov 202213,51985.005.65$19,954
Oct 202203,97087.185.86$23,279
Sep 202213,82884.888.16$31,335
Aug 202203,30394.529.13$30,147
Jul 202213,604101.587.54$27,283
Jun 202203,935115.097.98$31,390
May 202213,817109.378.43$32,298
Apr 202213,409104.226.84$23,414
Mar 202213,212108.885.08$16,414
Feb 202202,43391.054.86$11,822
Jan 202213,34981.844.54$15,279
Dec 202103,60171.323.90$14,041
Nov 202113,24777.435.24$17,081
Oct 202103,60479.795.71$20,593
Sep 202113,49469.865.35$18,766
Aug 202123,50766.024.22$14,934
Jul 202123,72470.783.98$14,971
Jun 202112,73169.493.38$9,302
May 202123,87063.483.02$11,805
Apr 202113,68060.362.76$10,211
Mar 202113,00661.302.72$8,228
Feb 202101,97857.805.55$10,974
Jan 202113,50050.412.81$9,886
Dec 202023,76844.642.68$10,170
Nov 202013,32838.772.71$9,046
Oct 202013,83136.972.48$9,532
Sep 202013,65037.091.99$7,304
Aug 202013,67239.982.39$8,798
Jul 202023,88438.371.83$7,166
Jun 202013,80534.901.69$6,467
May 202053,91816.921.81$7,195
Apr 202013,73014.751.80$6,745
Mar 202023,97530.341.86$7,439
Feb 202033,82349.881.98$7,722
Jan 202002,91757.252.09$6,110
Dec 201903,46859.012.30$7,992
Nov 201913,69855.302.75$10,227
Oct 201923,52853.472.42$8,640
Sep 201923,74755.052.66$10,067
Aug 201923,80053.112.30$8,863
Jul 201923,67756.272.46$9,158
Jun 201923,31352.782.49$8,359
May 201933,62658.482.74$10,112
Apr 201903,76262.632.75$10,348
Mar 201904,11956.803.06$12,613
Feb 201913,91750.852.79$10,988
Jan 201913,89646.033.23$12,623
Dec 201803,15346.594.19$13,197
Nov 201802,87252.934.24$12,169
Oct 2018282,90661.443.40$11,595
Sep 201803,22159.543.11$10,011
Aug 201813,51959.403.07$10,851
Jul 201813,85665.142.93$11,370
Jun 201824,11060.183.08$12,767
May 201804,27865.382.90$12,410
Apr 201803,88163.842.90$11,258
Mar 201803,86361.222.79$10,766
Feb 201803,52561.782.77$9,751
Jan 201804,03262.874.01$16,166
Dec 201703,89057.272.92$11,365
Nov 201703,89155.423.12$12,134
Oct 201703,93849.292.98$11,750
Sep 201703,64247.523.09$11,244
Aug 201703,97545.373.00$11,942
Jul 201714,01643.873.09$12,442
Jun 2017304,22242.493.09$14,309
May 201714,41545.373.26$14,453
Apr 201704,26647.933.21$13,701
Mar 201704,79946.772.98$14,319
Feb 201703,20450.452.95$9,460
Jan 201703,15349.413.42$10,779
Dec 201603,98148.763.72$14,821
Nov 201604,39842.492.64$11,630
Oct 201604,76746.193.09$14,731
Sep 201614,58241.553.10$14,249
Aug 201614,82141.442.92$14,140
Jul 2016314,91141.622.92$15,652
Jun 201603,79045.352.69$10,179
May 201614,21842.521.99$8,441
Apr 201615,23736.561.99$10,464
Mar 201615,61333.011.79$10,103
Feb 201615,25526.472.06$10,871
Jan 201615,25727.352.36$12,457
Dec 201505,10432.362.00$10,215
Nov 201514,39338.792.17$9,560
Oct 201514,67843.552.43$11,395
Sep 201514,40142.992.76$12,183
Aug 2015384,72240.162.87$15,090
Jul 201544,95848.152.95$14,794
Jun 201504,50756.152.88$12,993
May 201504,86755.212.96$14,384
Apr 201514,90749.822.71$13,331
Mar 201515,01742.892.93$14,766
Feb 201524,60644.662.98$13,798
Jan 201504,97243.433.10$15,416
Dec 201415,25854.693.59$18,938
Nov 201414,97970.464.25$21,240
Oct 201415,24278.303.90$20,527
Sep 201415,08286.164.05$20,645
Aug 201415,19789.394.04$21,060
Jul 201415,30396.564.18$22,261
Jun 201414,35898.164.74$20,741
May 201414,76294.734.73$22,603
Apr 2014415,04395.944.81$28,186
Mar 201415,54895.895.06$28,151
Feb 201414,73097.406.19$29,386
Jan 201405,40790.404.86$26,282
Dec 201305,53391.824.35$24,093
Nov 201305,26488.853.74$19,678
Oct 201305,67497.423.78$21,444
Sep 201305,339104.113.72$19,849
Aug 201305,635104.253.52$19,850
Jul 201305,732102.523.72$21,310
Jun 201305,26794.403.93$20,717
May 201305,42794.834.15$22,517
Apr 2013385,11393.964.28$25,467
Mar 201305,16593.623.91$20,210
Feb 201304,94191.233.42$16,898
Jan 2013385,39791.603.42$21,938
Dec 201205,74286.773.42$19,639
Nov 201205,51486.953.62$19,988
Oct 2012405,31789.383.40$21,651
Sep 201205,71394.672.92$16,673
Aug 201205,57492.662.91$16,210
Jul 201205,55285.133.02$16,771
Jun 201205,30179.822.52$13,353
May 201205,29291.612.49$13,168
Apr 201205,737101.652.00$11,456
Mar 201215,866105.052.22$13,140
Feb 2012495,544101.102.57$19,203
Jan 201225,66098.092.73$15,671
Dec 201115,68396.873.24$18,508
Nov 201105,55295.723.31$18,384
Oct 201116,54284.983.65$23,954
Sep 201115,73783.623.99$22,950
Aug 201116,43283.404.15$26,772
Jul 201106,52694.144.52$29,480
Jun 201126,36392.904.64$29,709
May 2011405,53898.134.40$28,319
Apr 201115,437105.964.33$23,666
Mar 201115,89196.364.06$23,998
Feb 201115,27885.644.18$22,148
Jan 201116,52786.504.59$30,037
Dec 2010456,75585.734.35$33,227
Nov 201017,15880.843.80$27,248
Oct 201016,34678.103.51$22,346
Sep 201015,85772.633.98$23,380
Aug 201026,65373.684.42$29,549
Jul 2010355,32072.554.74$27,737
Jun 201015,61970.364.91$27,662
May 201016,40471.124.24$27,193
Apr 2010376,50681.694.12$29,845
Mar 201007,26478.394.39$31,879
Feb 201006,57473.585.44$35,778
Jan 201006,18774.365.96$36,900
Dec 200906,66271.445.48$36,533
Nov 2009325,23874.593.75$22,037
Oct 200906,12872.544.11$25,188
Sep 200906,25165.543.06$19,158
Aug 200906,67967.423.22$21,496
Jul 200907,37361.133.46$25,544
Jun 2009207,32166.163.90$29,839
May 200906,14254.743.93$24,112
Apr 20090046.773.59$0
Mar 20090042.144.06$0
Feb 2009172,26832.814.63$11,065
Jan 200904,63935.865.37$24,916
Dec 200805,48037.105.98$32,755
Nov 200806,49055.496.86$44,524
Oct 200807,78775.246.92$53,901
Sep 2008183,094101.767.88$26,203
Aug 200804,068114.228.48$34,509
Jul 200804,746131.0811.39$54,054
Jun 2008175,589131.3313.03$75,072
May 200806,237123.1711.57$72,189
Apr 2008123,903110.3110.45$42,129
Mar 200803,651101.909.66$35,284
Feb 2008103,73992.538.77$33,719
Jan 2008174,64990.388.21$39,685
Dec 2007125,05988.337.30$38,001
Nov 200703,84091.677.29$28,000
Oct 200794,25782.856.92$30,213
Sep 200704,42775.846.24$27,643
Aug 2007165,61269.066.39$36,954
Jul 200706,33470.906.39$40,461
Jun 2007135,09362.007.55$39,250
May 2007156,45758.747.85$51,545
Apr 200703,47559.617.81$27,123
Mar 2007306,29356.927.30$47,659
Feb 200704,88155.108.22$40,102
Jan 2007433,34050.306.73$24,631
Dec 200626,53156.656.92$45,298
Nov 2006454,35454.207.62$35,606
Oct 200616,32354.906.01$38,080
Sep 200616,66260.085.04$33,618
Aug 2006347,24868.717.34$55,536
Jul 200607,99569.376.34$50,710
Jun 200606,65666.286.38$42,491
May 2006306,31566.016.42$42,554
Apr 200606,53664.397.36$48,108
Mar 2006408,08256.707.08$59,512
Feb 2006355,14057.597.75$41,856
Jan 200604,89260.598.93$43,702
Dec 2005145,11754.9413.42$69,416
Nov 200505,10454.6910.59$54,043
Oct 200505,34758.3413.80$73,766
Sep 2005135,46461.4512.08$66,799
Aug 200506,12961.519.80$60,045
Jul 200506,57155.697.84$51,541
Jun 200506,60252.337.38$48,730
May 2005788,47345.226.65$59,882
Apr 200506,26249.207.36$46,091
Mar 200506,66550.377.15$47,687
Feb 200506,87045.226.31$43,363
Jan 200508,36643.166.32$52,892
Dec 200408,97739.866.75$60,604
Nov 2004868,77245.286.33$59,425
Oct 200408,17249.706.52$53,241
Sep 200408,78943.245.28$46,440
Aug 200408,98142.375.55$49,850
Jul 2004010,04738.286.08$61,128
Jun 200407,99736.106.43$51,445
May 200407,95037.486.49$51,632
Apr 200409,94134.475.86$58,239
Mar 20045710,75434.365.53$61,430
Feb 2004010,14132.455.51$55,873
Jan 20047811,69032.036.30$76,141
Dec 2003010,90030.266.30$68,688
Nov 2003010,98928.804.60$50,496
Oct 2003013,35228.174.76$63,551
Sep 2003012,77526.314.75$60,673
Aug 20037013,98929.765.13$73,843
Jul 2003017,09929.415.17$88,416
Jun 2003015,48828.565.98$92,664
May 20036016,91926.595.97$102,647
Apr 2003017,18026.675.41$92,897
Mar 200313820,29331.146.10$128,004
Feb 2003020,07533.487.93$159,112
Jan 200313223,30030.315.58$134,062
Dec 2002024,38026.914.85$118,335
Nov 2002325,94824.664.14$107,420
Oct 200213330,06426.464.23$130,663
Sep 2002032,22127.443.64$117,130
Aug 200214141,45625.963.16$134,834
Jul 20021758,22324.583.06$178,683
Jun 200212019,32723.733.34$67,366

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 2026 — as filed, then multipliedworked
Condensate             0 bbl  × $ 98.93 =         $0
Gas                1,520 Mcf  × $  2.87 =     $4,362

────────────────────────────────────────────────────
Month total                                   $4,362

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. 06/G/189925 is the state's own key, not one this site invented.