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 232764District 06Field 160321742 tax incentive programmesCondensateGasSaveExport
Value, all time
$4.2 M
Nov 2007 – May 2026
Value, last 12 filed months
$107 k
at the published price for each month
Months reported
223
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 Gas112008-03-11180456
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
CondensateDisposition11,436 bbl$875,478
GasProduction720,112 Mcf$3,323,922
Total$4,199,400

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 32.0367, -94.2836. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.03675, -94.28359 · 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
Oct 2007
1 of 1 wells

1 well

42-3653676829,600 ftOct 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 (223)

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

223 months

May 202642,238106.413.05$7,242
Apr 202652,16298.932.87$6,699
Mar 20261682,11989.753.15$21,752
Feb 202601,39963.503.75$5,247
Jan 202611,63459.138.00$13,128
Dec 202501,53756.664.41$6,783
Nov 20251641,57958.593.93$15,809
Oct 202501,89759.383.30$6,269
Sep 202501,73362.743.08$5,332
Aug 202501,95263.933.01$5,885
Jul 202502,16166.743.32$7,164
Jun 202501,92266.483.13$6,013
May 20251511,65360.553.23$14,486
Apr 202502,43562.363.54$8,628
Mar 202502,59667.704.27$11,081
Feb 202502,28070.884.34$9,897
Jan 202502,32274.324.28$9,935
Dec 202402,24068.993.12$6,992
Nov 20241581,90669.052.20$15,100
Oct 202402,53571.372.28$5,783
Sep 202452,24169.612.36$5,647
Aug 202462,38475.632.06$5,373
Jul 20241792,06979.932.15$18,749
Jun 202431,75978.082.63$4,867
May 2024041178.812.20$904
Apr 2024075484.451.66$1,251
Mar 2024043380.301.55$669
Feb 2024059976.091.78$1,068
Jan 2024090973.023.30$2,998
Dec 202301,13871.262.61$2,971
Nov 202301,38377.892.81$3,883
Oct 20231871,46585.443.09$20,500
Sep 2023078689.042.74$2,150
Aug 202301,61380.522.67$4,311
Jul 202301,39474.852.64$3,683
Jun 2023381368.962.26$2,043
May 2023087270.622.23$1,942
Apr 2023092978.122.24$2,079
Mar 20231801,20072.852.39$15,985
Feb 2023080275.112.47$1,977
Jan 2023095476.533.39$3,232
Dec 202201,36576.415.73$7,820
Nov 202201,42985.005.65$8,068
Oct 202201,61287.185.86$9,452
Sep 202201,55684.888.16$12,703
Aug 202201,71694.529.13$15,662
Jul 2022121,605101.587.54$13,324
Jun 20221871,926115.097.98$36,886
May 202201,678109.378.43$14,151
Apr 202201,803104.226.84$12,328
Mar 202201,982108.885.08$10,061
Feb 202201,36691.054.86$6,637
Jan 202201,72381.844.54$7,818
Dec 20211862,16871.323.90$21,719
Nov 202102,05577.435.24$10,762
Oct 202102,01379.795.71$11,502
Sep 202101,77469.865.35$9,493
Aug 202101,93566.024.22$8,167
Jul 20211782,04170.783.98$20,726
Jun 202101,96769.493.38$6,650
May 2021492,20063.483.02$9,749
Apr 202102,10860.362.76$5,815
Mar 202101,76861.302.72$4,804
Feb 202101,62657.805.55$9,021
Jan 202101,85950.412.81$5,224
Dec 202001,70444.642.68$4,559
Nov 202001,77338.772.71$4,799
Oct 20201582,10436.972.48$11,056
Sep 202002,09837.091.99$4,177
Aug 202002,11839.982.39$5,052
Jul 20201782,13538.371.83$10,726
Jun 202002,47534.901.69$4,184
May 202002,22816.921.81$4,043
Apr 202002,10614.751.80$3,800
Mar 202002,17130.341.86$4,030
Feb 2020572,19949.881.98$7,199
Jan 202002,41957.252.09$5,067
Dec 201902,45959.012.30$5,666
Nov 201902,11755.302.75$5,823
Oct 20191192,80753.472.42$13,152
Sep 201902,38655.052.66$6,340
Aug 201902,72753.112.30$6,284
Jul 20191692,44356.272.46$15,520
Jun 201902,67252.782.49$6,656
May 201902,52558.482.74$6,919
Apr 201902,31662.632.75$6,371
Mar 201902,13756.803.06$6,544
Feb 20191432,28050.852.79$13,638
Jan 201902,29046.033.23$7,393
Dec 201802,39146.594.19$10,007
Nov 201801,98052.934.24$8,390
Oct 201802,16261.443.40$7,347
Sep 201802,04459.543.11$6,353
Aug 201802,15559.403.07$6,608
Jul 201802,65765.142.93$7,790
Jun 20181792,61660.183.08$18,821
May 201802,68565.382.90$7,789
Apr 201802,60263.842.90$7,548
Mar 20181942,59861.222.79$19,117
Feb 201802,47161.782.77$6,835
Jan 201802,39162.874.01$9,586
Dec 201702,12757.272.92$6,214
Nov 201701,99855.423.12$6,230
Oct 201702,03849.292.98$6,081
Sep 20171492,55047.523.09$14,953
Aug 20171772,67145.373.00$16,055
Jul 201702,47743.873.09$7,647
Jun 20171882,52342.493.09$15,777
May 201702,03445.373.26$6,638
Apr 201701,96947.933.21$6,324
Mar 201701,98446.772.98$5,920
Feb 20171791,66050.452.95$13,932
Jan 201702,14249.413.42$7,323
Dec 201601148.763.72$41
Nov 201602,22742.492.64$5,889
Oct 201602,66446.193.09$8,232
Sep 20161782,23541.553.10$14,326
Aug 201602,28041.442.92$6,668
Jul 20161862,16441.622.92$14,070
Jun 201602,13745.352.69$5,740
May 201602,41442.521.99$4,806
Apr 201602,10536.561.99$4,191
Mar 201602,34333.011.79$4,203
Feb 201601,99826.472.06$4,123
Jan 20161902,40727.352.36$10,888
Dec 201502,22632.362.00$4,455
Nov 201502,20338.792.17$4,775
Oct 201502,21143.552.43$5,365
Sep 201502,21842.992.76$6,118
Aug 201502,36640.162.87$6,796
Jul 20151732,64048.152.95$16,105
Jun 201502,59256.152.88$7,472
May 201502,95755.212.96$8,739
Apr 201502,94849.822.71$7,979
Mar 20151872,80742.892.93$16,258
Feb 201502,78144.662.98$8,277
Jan 201502,24043.433.10$6,945
Dec 201402,34554.693.59$8,422
Nov 201402,79270.464.25$11,871
Oct 201402,53078.303.90$9,869
Sep 201403,21986.164.05$13,022
Aug 201403,71589.394.04$14,990
Jul 20141723,42896.564.18$30,936
Jun 201403,43198.164.74$16,252
May 201403,24894.734.73$15,352
Apr 201402,91995.944.81$14,038
Mar 20141422,90095.895.06$28,281
Feb 201402,91097.406.19$18,019
Jan 201403,53290.404.86$17,168
Dec 20131903,94691.824.35$34,629
Nov 201303,51488.853.74$13,136
Oct 20131953,81797.423.78$33,423
Sep 201303,818104.113.72$14,194
Aug 201303,916104.253.52$13,795
Jul 20131913,718102.523.72$33,404
Jun 201303,85594.403.93$15,163
May 201303,53594.834.15$14,667
Apr 201303,75693.964.28$16,085
Mar 201304,07893.623.91$15,957
Feb 20131843,39591.233.42$28,397
Jan 20131953,67991.603.42$30,444
Dec 201202,91986.773.42$9,983
Nov 201202,32386.953.62$8,421
Oct 201203,32189.383.40$11,290
Sep 201203,39394.672.92$9,902
Aug 20121603,59092.662.91$25,266
Jul 201203,98985.133.02$12,050
Jun 201203,80379.822.52$9,580
May 20121834,38291.612.49$27,668
Apr 201204,098101.652.00$8,183
Mar 20121884,488105.052.22$29,722
Feb 201203,918101.102.57$10,070
Jan 20121334,98898.092.73$26,684
Dec 20111904,62696.873.24$33,392
Nov 201104,95795.723.31$16,414
Oct 201105,23984.983.65$19,115
Sep 20111615,11183.623.99$33,834
Aug 201125,27083.404.15$22,034
Jul 20111835,60294.144.52$42,533
Jun 201125,34192.904.64$24,967
May 20111585,40498.134.40$39,308
Apr 20111913,696105.964.33$36,254
Mar 201103,78496.364.06$15,353
Feb 20111773,46185.644.18$29,625
Jan 201104,77886.504.59$21,925
Dec 20103805,21985.734.35$55,268
Nov 201015,53280.843.80$21,077
Oct 201095,47078.103.51$19,897
Sep 201044,40172.633.98$17,804
Aug 201004,63973.684.42$20,501
Jul 20103475,15372.554.74$49,582
Jun 201005,11970.364.91$25,136
May 201005,33571.124.24$22,595
Apr 20101714,38781.694.12$32,055
Mar 20101944,31378.394.39$34,136
Feb 201003,45273.585.44$18,787
Jan 201004,31874.365.96$25,753
Dec 20091995,04771.445.48$41,893
Nov 200905,50874.593.75$20,663
Oct 200905,52672.544.11$22,713
Sep 200906,60765.543.06$20,249
Aug 20091677,15767.423.22$34,294
Jul 200906,92661.133.46$23,995
Jun 20091897,05766.163.90$39,991
May 200947,57554.743.93$29,957
Apr 200919010546.773.59$9,263
Mar 200905,53842.144.06$22,479
Feb 200914,21932.814.63$19,579
Jan 200905,76035.865.37$30,937
Dec 20083625,87037.105.98$48,516
Nov 200816,15955.496.86$42,308
Oct 200806,81275.246.92$47,153
Sep 20081857,599101.767.88$78,684
Aug 20081808,719114.228.48$94,523
Jul 200819,678131.0811.39$110,358
Jun 20081837,707131.3313.03$124,476
May 20081739,156123.1711.57$127,283
Apr 20081639,910110.3110.45$121,588
Mar 20081829,412101.909.66$109,504
Feb 200818112,58492.538.77$127,117
Jan 200834215,94990.388.21$161,783
Dec 2007019,53388.337.30$142,629
Nov 200708,91391.677.29$64,991

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.

May 2026 — as filed, then multipliedworked
Condensate             4 bbl  × $106.41 =       $426
Gas                2,238 Mcf  × $  3.05 =     $6,817

────────────────────────────────────────────────────
Month total                                   $7,242

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/232764 is the state's own key, not one this site invented.