WALTON, WILLIAM H. GU

Operated by RFE OPERATING, LLC (P-5 704776) in the CARTHAGE (COTTON VALLEY) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 206324District 06Field 160321742 tax incentive programmesCondensateGasSaveExport
Value, all time
$4.2 M
Sep 2004 – May 2026
Value, last 12 filed months
$7 k
at the published price for each month
Months reported
261
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 4,104 leases and 4,104 wells, and the rule below applies to all of them.

Discovered
1968-05-01
as the register files it
Field class
Oil and gas
the register's own label
Between wells
0 ft
minimum
From a lease line
330 ft
minimum

A drilling unit in this field needs at least 40 acres. The field rule took effect on 2011-02-08.

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 Gas112005-10-19160118
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
CondensateDisposition12,629 bbl$819,098
GasProduction540,711 Mcf$3,334,853
Total$4,153,951

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 32.0238, -94.2846. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.02378, -94.28461 · 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
9,600 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 9,600 ft.

Completions filed
Aug 2004
1 of 1 wells

1 well

42-365354161B9,600 ftAug 2004

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 (261)

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

261 months

May 202600106.413.05$0
Apr 202604198.932.87$118
Mar 2026042089.753.15$1,323
Feb 20260063.503.75$0
Jan 20260659.138.00$48
Dec 2025013556.664.41$596
Nov 2025029358.593.93$1,150
Oct 2025022459.383.30$740
Sep 2025047662.743.08$1,465
Aug 20250063.933.01$0
Jul 20250066.743.32$0
Jun 2025039966.483.13$1,248
May 2025017660.553.23$569
Apr 2025037662.363.54$1,332
Mar 2025026767.704.27$1,140
Feb 2025031470.884.34$1,363
Jan 2025042874.324.28$1,831
Dec 2024036968.993.12$1,152
Nov 2024028669.052.20$629
Oct 2024052271.372.28$1,191
Sep 2024024769.612.36$584
Aug 2024043675.632.06$900
Jul 2024062579.932.15$1,342
Jun 2024047378.082.63$1,246
May 2024041378.812.20$908
Apr 2024044184.451.66$732
Mar 2024050080.301.55$773
Feb 2024070576.091.78$1,257
Jan 2024038673.023.30$1,273
Dec 2023064371.262.61$1,679
Nov 2023044477.892.81$1,247
Oct 202302,18885.443.09$6,755
Sep 2023015089.042.74$410
Aug 2023021880.522.67$583
Jul 2023020774.852.64$547
Jun 202309068.962.26$203
May 202303870.622.23$85
Apr 2023039678.122.24$886
Mar 2023023272.852.39$555
Feb 2023069475.112.47$1,711
Jan 2023061776.533.39$2,090
Dec 2022039776.415.73$2,274
Nov 2022046685.005.65$2,631
Oct 2022064387.185.86$3,770
Sep 2022048984.888.16$3,992
Aug 2022067394.529.13$6,143
Jul 20220507101.587.54$3,824
Jun 20220573115.097.98$4,571
May 20220468109.378.43$3,947
Apr 20220598104.226.84$4,089
Mar 20220892108.885.08$4,528
Feb 2022025491.054.86$1,234
Jan 2022067781.844.54$3,072
Dec 2021043671.323.90$1,700
Nov 2021066977.435.24$3,503
Oct 2021062179.795.71$3,548
Sep 2021052269.865.35$2,793
Aug 2021040166.024.22$1,692
Jul 2021062870.783.98$2,501
Jun 2021060769.493.38$2,052
May 202112771463.483.02$10,217
Apr 2021038960.362.76$1,073
Mar 2021065161.302.72$1,769
Feb 2021022157.805.55$1,226
Jan 2021069750.412.81$1,959
Dec 2020068244.642.68$1,825
Nov 2020069238.772.71$1,873
Oct 2020052636.972.48$1,304
Sep 2020052737.091.99$1,049
Aug 2020078839.982.39$1,879
Jul 2020075138.371.83$1,371
Jun 2020047134.901.69$796
May 2020075916.921.81$1,377
Apr 2020052514.751.80$947
Mar 2020074430.341.86$1,381
Feb 2020051349.881.98$1,016
Jan 2020061457.252.09$1,286
Dec 2019030959.012.30$712
Nov 2019090655.302.75$2,492
Oct 2019060653.472.42$1,466
Sep 2019066855.052.66$1,775
Aug 2019048053.112.30$1,106
Jul 2019072256.272.46$1,776
Jun 2019066652.782.49$1,659
May 2019069958.482.74$1,915
Apr 2019068162.632.75$1,873
Mar 2019094756.803.06$2,900
Feb 2019047950.852.79$1,337
Jan 2019081346.033.23$2,625
Dec 2018072946.594.19$3,051
Nov 2018066252.934.24$2,805
Oct 201815971361.443.40$12,192
Sep 2018049259.543.11$1,529
Aug 2018080959.403.07$2,481
Jul 2018071765.142.93$2,102
Jun 2018060460.183.08$1,858
May 201817675565.382.90$13,697
Apr 2018064363.842.90$1,865
Mar 2018071461.222.79$1,990
Feb 2018061861.782.77$1,709
Jan 2018055062.874.01$2,205
Dec 2017082557.272.92$2,410
Nov 201701,22055.423.12$3,804
Oct 20171621,12449.292.98$11,339
Sep 2017089347.523.09$2,757
Aug 2017070645.373.00$2,121
Jul 2017064743.873.09$1,997
Jun 2017086642.493.09$2,674
May 20171671,14145.373.26$11,300
Apr 201701,50547.933.21$4,833
Mar 2017071346.772.98$2,127
Feb 2017069950.452.95$2,064
Jan 2017089949.413.42$3,074
Dec 20160048.763.72$0
Nov 2016089542.492.64$2,367
Oct 2016081046.193.09$2,503
Sep 2016097741.553.10$3,029
Aug 2016089541.442.92$2,617
Jul 2016075441.622.92$2,205
Jun 2016093645.352.69$2,514
May 2016071942.521.99$1,432
Apr 2016091236.561.99$1,816
Mar 2016076633.011.79$1,374
Feb 2016084226.472.06$1,738
Jan 201618667227.352.36$6,676
Dec 2015087532.362.00$1,751
Nov 2015078338.792.17$1,697
Oct 201501,06843.552.43$2,592
Sep 201501,13142.992.76$3,120
Aug 2015096140.162.87$2,760
Jul 20151681,16548.152.95$11,520
Jun 2015081656.152.88$2,352
May 2015099455.212.96$2,938
Apr 201501,01249.822.71$2,739
Mar 2015089542.892.93$2,627
Feb 2015093244.662.98$2,774
Jan 201501,30143.433.10$4,034
Dec 2014095754.693.59$3,437
Nov 201401,42570.464.25$6,059
Oct 20141861,63478.303.90$20,938
Sep 201401,06586.164.05$4,308
Aug 2014095889.394.04$3,866
Jul 201401,07596.564.18$4,493
Jun 2014099198.164.74$4,694
May 201401,18394.734.73$5,592
Apr 201418884695.944.81$22,105
Mar 201401,17595.895.06$5,942
Feb 2014589197.406.19$6,004
Jan 2014151,28090.404.86$7,578
Dec 2013131,27691.824.35$6,750
Nov 2013241,33888.853.74$7,134
Oct 201301,50197.423.78$5,673
Sep 20131661,037104.113.72$21,138
Aug 20134879104.253.52$3,513
Jul 201361,100102.523.72$4,705
Jun 201381,02494.403.93$4,783
May 2013181,38294.834.15$7,441
Apr 2013781,02993.964.28$11,736
Mar 201301,30593.623.91$5,106
Feb 201301,06991.233.42$3,656
Jan 2013101,17991.603.42$4,948
Dec 20121581,28386.773.42$18,098
Nov 201201,30186.953.62$4,716
Oct 201271,26789.383.40$4,933
Sep 201231,35694.672.92$4,241
Aug 2012951,10592.662.91$12,016
Jul 201201,35085.133.02$4,078
Jun 201201,40979.822.52$3,549
May 20121261,31191.612.49$14,805
Apr 201201,167101.652.00$2,330
Mar 201211,500105.052.22$3,438
Feb 201201,465101.102.57$3,765
Jan 20121811,63798.092.73$22,230
Dec 201121,59196.873.24$5,348
Nov 201101,52395.723.31$5,043
Oct 201131,82184.983.65$6,899
Sep 20111931,84083.623.99$23,473
Aug 201161,94183.404.15$8,554
Jul 201141,46494.144.52$6,990
Jun 201131,73892.904.64$8,343
May 20111901,69198.134.40$26,093
Apr 201101,477105.964.33$6,400
Mar 201101,77696.364.06$7,206
Feb 201101,90785.644.18$7,971
Jan 20111872,07386.504.59$25,688
Dec 201002,34485.734.35$10,191
Nov 201001,73580.843.80$6,585
Oct 201001,93678.103.51$6,793
Sep 20101852,03272.633.98$21,523
Aug 201002,09073.684.42$9,236
Jul 20101741,38772.554.74$19,193
Jun 201002,20970.364.91$10,847
May 20101802,45071.124.24$23,178
Apr 201002,37281.694.12$9,779
Mar 201002,18478.394.39$9,585
Feb 201002,33873.585.44$12,724
Jan 20101872,60674.365.96$29,448
Dec 200902,32071.445.48$12,722
Nov 20091753,12174.593.75$24,762
Oct 200903,18772.544.11$13,099
Sep 20091833,10365.543.06$21,504
Aug 200903,28367.423.22$10,566
Jul 20091833,23361.133.46$22,388
Jun 200903,18966.163.90$12,421
May 20091833,32954.743.93$23,086
Apr 2009323,18546.773.59$12,923
Mar 20091953,31442.144.06$21,669
Feb 2009803,14832.814.63$17,209
Jan 20092143,56035.865.37$26,795
Dec 2008283,65537.105.98$22,885
Nov 20082423,61555.496.86$38,229
Oct 2008394,28675.246.92$32,602
Sep 20081513,752101.767.88$44,921
Aug 200804,875114.228.48$41,355
Jul 20081663,943131.0811.39$66,668
Jun 200803,665131.3313.03$47,765
May 20081763,963123.1711.57$67,547
Apr 200804,070110.3110.45$42,551
Mar 20081814,332101.909.66$60,309
Feb 200804,19792.538.77$36,810
Jan 20081874,40890.388.21$53,072
Dec 200706,35488.337.30$46,397
Nov 20071806,57791.677.29$64,458
Oct 20071784,42082.856.92$45,342
Sep 2007195,15575.846.24$33,630
Aug 2007320069.066.39$1,485
Jul 20071782,27470.906.39$27,146
Jun 200704,35062.007.55$32,836
May 20071874,57958.747.85$46,913
Apr 200704,99359.617.81$38,971
Mar 20071845,27156.927.30$48,962
Feb 20071854,98855.108.22$51,175
Jan 20071846,20050.306.73$50,962
Dec 20061845,17256.656.92$46,206
Nov 200605,80054.207.62$44,181
Oct 20061872,95954.906.01$28,061
Sep 2006253,25060.085.04$17,873
Aug 20061834,20368.717.34$43,424
Jul 20061843,65069.376.34$35,915
Jun 20061934,91866.286.38$44,188
May 200696,26766.016.42$40,860
Apr 2006816,86064.397.36$55,708
Mar 20061755,80556.707.08$51,039
Feb 20062386,03757.597.75$60,500
Jan 20061874,71160.598.93$53,415
Dec 2005196,29654.9413.42$85,507
Nov 200507,00254.6910.59$74,140
Oct 20051657,60358.3413.80$114,515
Sep 20051756,72661.4512.08$91,997
Aug 20051926,80561.519.80$78,477
Jul 20051988,21655.697.84$75,470
Jun 20052148,54752.337.38$74,284
May 20051959,46845.226.65$71,791
Apr 200540411,09649.207.36$101,549
Mar 200521012,59850.377.15$100,715
Feb 200539910,17345.226.31$82,254
Jan 200546114,47343.166.32$111,398
Dec 200441418,89439.866.75$144,057
Nov 200443726,69345.286.33$188,765
Oct 2004367,03349.706.52$47,610
Sep 200403,09643.245.28$16,359

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                   41 Mcf  × $  2.87 =       $118

────────────────────────────────────────────────────
Month total                                     $118

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/206324 is the state's own key, not one this site invented.