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 227277District 06Field 664612752 tax incentive programmesCondensateGasSaveExport
Value, all time
$7.8 M
Feb 2007 – May 2026
Value, last 12 filed months
$78 k
at the published price for each month
Months reported
232
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 Gas112007-07-09174745
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
CondensateDisposition1,610 bbl$122,512
GasProduction1,515,925 Mcf$7,664,656
Total$7,787,168

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 32.3281, -94.6374. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.32806, -94.63741 · 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
10,595 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 10,595 ft.

Completions filed
Feb 2007
1 of 1 wells

1 well

42-40134132610,595 ftFeb 2007

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 (232)

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

232 months

May 202600106.413.05$0
Apr 202611,75798.932.87$5,141
Mar 202601,89689.753.15$5,971
Feb 202601,65663.503.75$6,211
Jan 202601,94459.138.00$15,548
Dec 202502,01856.664.41$8,906
Nov 202501,91758.593.93$7,527
Oct 202501,74359.383.30$5,760
Sep 202501,82062.743.08$5,600
Aug 202501,75163.933.01$5,279
Jul 202501,82566.743.32$6,050
Jun 202501,77066.483.13$5,538
May 202501,87960.553.23$6,074
Apr 202531,84862.363.54$6,735
Mar 202501,54367.704.27$6,586
Feb 202501,41670.884.34$6,147
Jan 202501,51474.324.28$6,478
Dec 202401,56868.993.12$4,894
Nov 202401,53669.052.20$3,377
Oct 202401,56471.372.28$3,568
Sep 202401,61969.612.36$3,828
Aug 202401,45675.632.06$3,005
Jul 202401,67979.932.15$3,604
Jun 202401,70478.082.63$4,488
May 202401,76078.812.20$3,869
Apr 202401,66984.451.66$2,769
Mar 202411,74980.301.55$2,783
Feb 202401,69276.091.78$3,018
Jan 202402,01373.023.30$6,638
Dec 202301,94771.262.61$5,083
Nov 202301,91977.892.81$5,388
Oct 202302,27685.443.09$7,027
Sep 202312,09089.042.74$5,805
Aug 202302,02480.522.67$5,410
Jul 202302,30874.852.64$6,097
Jun 202302,24568.962.26$5,070
May 202302,21570.622.23$4,934
Apr 202322,19378.122.24$5,064
Mar 202312,26672.852.39$5,496
Feb 202312,17375.112.47$5,433
Jan 202302,40276.533.39$8,137
Dec 202212,31976.415.73$13,362
Nov 202202,48085.005.65$14,003
Oct 202202,88087.185.86$16,888
Sep 202202,53884.888.16$20,719
Aug 202212,49394.529.13$22,849
Jul 202202,532101.587.54$19,097
Jun 202202,341115.097.98$18,675
May 202202,810109.378.43$23,697
Apr 202202,517104.226.84$17,210
Mar 202202,344108.885.08$11,899
Feb 202202,35791.054.86$11,452
Jan 202212,82481.844.54$12,896
Dec 202102,62871.323.90$10,247
Nov 202112,79577.435.24$14,714
Oct 202103,09979.795.71$17,707
Sep 202112,96469.865.35$15,930
Aug 202122,99566.024.22$12,773
Jul 202112,53070.783.98$10,145
Jun 202112,68869.493.38$9,157
May 202112,91163.483.02$8,848
Apr 202112,95760.362.76$8,217
Mar 202113,54561.302.72$9,693
Feb 202102,34357.805.55$12,999
Jan 202113,30150.412.81$9,327
Dec 202003,09744.642.68$8,286
Nov 202002,79238.772.71$7,557
Oct 202002,87536.972.48$7,125
Sep 202003,47037.091.99$6,909
Aug 202003,38939.982.39$8,083
Jul 202023,76838.371.83$6,954
Jun 202013,59134.901.69$6,105
May 202053,87516.921.81$7,117
Apr 202013,87314.751.80$7,003
Mar 202024,04130.341.86$7,562
Feb 202033,79349.881.98$7,662
Jan 202014,28357.252.09$9,029
Dec 201913,98859.012.30$9,249
Nov 201913,91255.302.75$10,816
Oct 201924,05053.472.42$9,902
Sep 201923,95655.052.66$10,622
Aug 201924,02053.112.30$9,370
Jul 201924,15156.272.46$10,324
Jun 201923,99152.782.49$10,048
May 201944,14758.482.74$11,598
Apr 201913,97462.632.75$10,994
Mar 201904,10356.803.06$12,564
Feb 201903,73750.852.79$10,435
Jan 201913,99046.033.23$12,926
Dec 201814,55046.594.19$19,090
Nov 201814,31052.934.24$18,315
Oct 2018434,41161.443.40$17,631
Sep 201814,32859.543.11$13,511
Aug 201804,34759.403.07$13,330
Jul 201814,32265.142.93$12,737
Jun 201823,97360.183.08$12,345
May 201804,13565.382.90$11,995
Apr 201813,99663.842.90$11,655
Mar 201814,07761.222.79$11,423
Feb 201813,74661.782.77$10,424
Jan 201804,47062.874.01$17,922
Dec 201704,18457.272.92$12,224
Nov 201714,12655.423.12$12,922
Oct 201714,38349.292.98$13,127
Sep 201714,05547.523.09$12,566
Aug 201704,23845.373.00$12,733
Jul 201714,19143.873.09$12,983
Jun 2017394,29742.493.09$14,923
May 201704,26745.373.26$13,925
Apr 201704,32647.933.21$13,893
Mar 201704,40346.772.98$13,137
Feb 201703,97250.452.95$11,728
Jan 201704,26149.413.42$14,568
Dec 201614,58848.763.72$17,129
Nov 201614,40942.492.64$11,701
Oct 201604,65046.193.09$14,370
Sep 201614,50141.553.10$13,997
Aug 201604,61641.442.92$13,499
Jul 2016314,63141.622.92$14,833
Jun 201614,75345.352.69$12,811
May 201615,44542.521.99$10,884
Apr 201615,39836.561.99$10,784
Mar 201626,14533.011.79$11,090
Feb 201615,70926.472.06$11,808
Jan 201616,01527.352.36$14,249
Dec 201505,74132.362.00$11,490
Nov 201515,05138.792.17$10,986
Oct 201515,60943.552.43$13,654
Sep 201515,21942.992.76$14,439
Aug 2015455,62540.162.87$17,965
Jul 201555,73548.152.95$17,131
Jun 201505,44156.152.88$15,686
May 201515,48655.212.96$16,269
Apr 201525,39549.822.71$14,702
Mar 201515,56642.892.93$16,377
Feb 201525,16344.662.98$15,455
Jan 201515,57443.433.10$17,326
Dec 201415,70754.693.59$20,551
Nov 201415,32970.464.25$22,729
Oct 201415,58078.303.90$21,846
Sep 201415,43986.164.05$22,089
Aug 201415,78189.394.04$23,416
Jul 201415,52596.564.18$23,189
Jun 201415,30198.164.74$25,208
May 201415,79394.734.73$27,476
Apr 2014526,40995.944.81$35,811
Mar 201416,12795.895.06$31,079
Feb 201415,72197.406.19$35,522
Jan 201406,52990.404.86$31,736
Dec 201306,49591.824.35$28,282
Nov 201306,00688.853.74$22,452
Oct 201306,18397.423.78$23,368
Sep 201306,053104.113.72$22,503
Aug 201306,438104.253.52$22,679
Jul 201316,416102.523.72$23,956
Jun 201316,09994.403.93$24,084
May 201306,79794.834.15$28,201
Apr 2013486,66093.964.28$33,032
Mar 201306,74693.623.91$26,396
Feb 201305,89591.233.42$20,160
Jan 2013486,83391.603.42$27,765
Dec 201206,61586.773.42$22,624
Nov 201206,71386.953.62$24,334
Oct 2012486,47389.383.40$26,296
Sep 201216,55294.672.92$19,216
Aug 201206,91992.662.91$20,122
Jul 201206,74585.133.02$20,375
Jun 201206,45079.822.52$16,248
May 201206,44091.612.49$16,025
Apr 201216,632101.652.00$13,344
Mar 201216,837105.052.22$15,297
Feb 2012576,485101.102.57$22,431
Jan 201227,18098.092.73$19,827
Dec 201117,29896.873.24$23,740
Nov 201116,86395.723.31$22,821
Oct 201117,59684.983.65$27,799
Sep 201117,03283.623.99$28,112
Aug 201117,22383.404.15$30,054
Jul 201107,50394.144.52$33,893
Jun 201148,17392.904.64$38,293
May 2011618,28598.134.40$42,480
Apr 201117,748105.964.33$33,680
Mar 201118,39596.364.06$34,158
Feb 201117,74385.644.18$32,451
Jan 201128,78386.504.59$40,476
Dec 2010548,22985.734.35$40,407
Nov 201028,57080.843.80$32,688
Oct 201018,94678.103.51$31,469
Sep 201019,04072.633.98$36,047
Aug 201039,63873.684.42$42,815
Jul 2010537,91672.554.74$41,339
Jun 201018,36070.364.91$41,121
May 201019,09771.124.24$38,599
Apr 2010549,07881.694.12$41,837
Mar 201009,55578.394.39$41,934
Feb 201009,03673.585.44$49,177
Jan 201009,52074.365.96$56,778
Dec 2009010,27371.445.48$56,335
Nov 20094910,21674.593.75$41,980
Oct 2009010,35372.544.11$42,553
Sep 2009010,87365.543.06$33,323
Aug 2009010,75167.423.22$34,602
Jul 2009011,17361.133.46$38,709
Jun 20095812,25266.163.90$51,559
May 2009013,60754.743.93$53,418
Apr 2009016,08046.773.59$57,687
Mar 20090042.144.06$0
Feb 2009559,36732.814.63$45,202
Jan 2009013,28535.865.37$71,354
Dec 2008012,64237.105.98$75,563
Nov 2008012,56455.496.86$86,194
Oct 2008013,26275.246.92$91,799
Sep 2008527,767101.767.88$66,473
Aug 2008014,195114.228.48$120,416
Jul 2008014,536131.0811.39$165,557
Jun 20083714,640131.3313.03$195,657
May 2008017,480123.1711.57$202,319
Apr 20083016,930110.3110.45$180,310
Mar 2008018,096101.909.66$174,881
Feb 20084717,79592.538.77$160,421
Jan 20085019,83290.388.21$167,255
Dec 20077121,81888.337.30$165,586
Nov 2007024,05291.677.29$175,380
Oct 20077023,73482.856.92$170,086
Sep 2007025,67775.846.24$160,331
Aug 20078630,11769.066.39$198,325
Jul 2007033,11670.906.39$211,543
Jun 20079335,67862.007.55$275,080
May 200710343,56958.747.85$347,905
Apr 2007056,85859.617.81$443,788
Mar 20074215,62056.927.30$116,447
Feb 2007013,93355.108.22$114,474

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             1 bbl  × $ 98.93 =        $99
Gas                1,757 Mcf  × $  2.87 =     $5,042

────────────────────────────────────────────────────
Month total                                   $5,141

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/227277 is the state's own key, not one this site invented.