WALTON GAS UNIT

Operated by SHOCO PRODUCTION LLC (P-5 778196) in the STARVILLE EAST (C.V. SAND) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 250111District 06Field 856945002 tax incentive programmesCondensateGasSaveExport
Value, all time
$434 k
Jan 2008 – Jul 2020
Value, last 12 filed months
$292
at the published price for each month
Months reported
151
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 3 leases and 3 wells, and the rule below applies to all of them.

Discovered
1978-04-05
as the register files it
Field class
Gas
the register's own label
Between wells
no field rule filed
From a lease line
no field rule filed

The Commission's schedule remark for this field reads: FIELD TYPE CHANGED TO ONE WELL EFFECTIVE 4-1-07.

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 Gas112009-11-12183545
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
CondensateDisposition749 bbl$49,182
GasProduction66,985 Mcf$384,939
Total$434,121

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 32.4993, -95.0604. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.49925, -95.06038 · 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
100.0%
1 of 1 wells
With a plug date
100.0%
1 of 1 wells
Median depth
11,700 ft
1 wells filed one
Completion to plug
2.8 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 11,700 ft.

Completions filed
Jan 2018
1 of 1 wells
Plug dates filed
Oct 2020
1 of 1 wells

Last completion to plug: a median of 2.8 years across the 1 well that filed both dates, with the middle half between 2.8 years and 2.8 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-42332197111,700 ftJan 2018Oct 2020Yes

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 (151)

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

151 months

Jul 20200038.371.83$0
Jun 2020017334.901.69$292
May 20200016.921.81$0
Apr 20200014.751.80$0
Mar 20200030.341.86$0
Feb 20200049.881.98$0
Jan 20200057.252.09$0
Dec 20190059.012.30$0
Nov 20190055.302.75$0
Oct 20190053.472.42$0
Sep 20190055.052.66$0
Aug 20190053.112.30$0
Jul 20190056.272.46$0
Jun 20190052.782.49$0
May 20190058.482.74$0
Apr 20190062.632.75$0
Mar 20190056.803.06$0
Feb 20190050.852.79$0
Jan 20190046.033.23$0
Dec 20180046.594.19$0
Nov 20180052.934.24$0
Oct 20180061.443.40$0
Sep 20180059.543.11$0
Aug 20180059.403.07$0
Jul 20180065.142.93$0
Jun 20180060.183.08$0
May 20180065.382.90$0
Apr 20180063.842.90$0
Mar 20180061.222.79$0
Feb 201883061.782.77$5,128
Jan 201808962.874.01$357
Dec 20170057.272.92$0
Nov 20170055.423.12$0
Oct 20170049.292.98$0
Sep 2017921147.523.09$4,406
Aug 20170045.373.00$0
Jul 20170043.873.09$0
Jun 201704642.493.09$142
May 2017012145.373.26$395
Apr 201701147.933.21$35
Mar 2017017446.772.98$519
Feb 2017011250.452.95$331
Jan 2017025549.413.42$872
Dec 2016011748.763.72$436
Nov 20160042.492.64$0
Oct 2016023946.193.09$739
Sep 2016011041.553.10$341
Aug 2016023841.442.92$696
Jul 2016013241.622.92$386
Jun 2016017845.352.69$478
May 2016015042.521.99$299
Apr 2016034236.561.99$681
Mar 2016029233.011.79$524
Feb 2016036526.472.06$753
Jan 2016020227.352.36$478
Dec 2015143732.362.00$907
Nov 2015032738.792.17$709
Oct 2015034843.552.43$844
Sep 2015044642.992.76$1,230
Aug 2015020440.162.87$586
Jul 2015040748.152.95$1,199
Jun 2015033756.152.88$972
May 2015136055.212.96$1,119
Apr 20151346849.822.71$1,914
Mar 2015031142.892.93$913
Feb 2015134344.662.98$1,065
Jan 2015044343.433.10$1,374
Dec 201413450454.693.59$9,139
Nov 2014033470.464.25$1,420
Oct 2014125778.303.90$1,081
Sep 2014219286.164.05$949
Aug 2014026489.394.04$1,065
Jul 2014010696.564.18$443
Jun 201404698.164.74$218
May 2014017994.734.73$846
Apr 2014011995.944.81$572
Mar 2014124195.895.06$1,315
Feb 2014118697.406.19$1,249
Jan 2014533790.404.86$2,090
Dec 201303691.824.35$157
Nov 2013025888.853.74$964
Oct 2013130597.423.78$1,250
Sep 20130251104.113.72$933
Aug 20131340104.253.52$1,302
Jul 20130164102.523.72$610
Jun 2013023694.403.93$928
May 2013020094.834.15$830
Apr 2013013493.964.28$574
Mar 2013020893.623.91$814
Feb 2013022491.233.42$766
Jan 2013017091.603.42$581
Dec 2012027986.773.42$954
Nov 2012022786.953.62$823
Oct 2012023389.383.40$792
Sep 2012026294.672.92$765
Aug 2012033392.662.91$968
Jul 201213621185.133.02$12,215
Jun 2012021779.822.52$547
May 2012031891.612.49$791
Apr 20121248101.652.00$597
Mar 20120444105.052.22$987
Feb 20120451101.102.57$1,159
Jan 2012041798.092.73$1,140
Dec 2011045296.873.24$1,464
Nov 2011047495.723.31$1,570
Oct 2011046184.983.65$1,682
Sep 2011064683.623.99$2,575
Aug 2011047783.404.15$1,979
Jul 20119151994.144.52$10,911
Jun 2011066192.904.64$3,067
May 2011062398.134.40$2,744
Apr 20110588105.964.33$2,548
Mar 2011196096.364.06$3,991
Feb 201118685.644.18$445
Jan 2011011486.504.59$523
Dec 2010025385.734.35$1,100
Nov 2010062980.843.80$2,387
Oct 2010143978.103.51$1,619
Sep 2010074672.633.98$2,969
Aug 2010058973.684.42$2,603
Jul 2010055572.554.74$2,629
Jun 2010165970.364.91$3,306
May 2010055171.124.24$2,334
Apr 2010061481.694.12$2,531
Mar 2010074078.394.39$3,248
Feb 2010065373.585.44$3,554
Jan 2010083174.365.96$4,956
Dec 2009056371.445.48$3,087
Nov 2009037274.593.75$1,396
Oct 2009171972.544.11$3,028
Sep 2009166765.543.06$2,110
Aug 2009090667.423.22$2,916
Jul 200911,66061.133.46$5,812
Jun 200912,99566.163.90$11,732
May 20091761,13754.743.93$14,098
Apr 200901,41346.773.59$5,069
Mar 200901,39042.144.06$5,642
Feb 200901,42332.814.63$6,593
Jan 200901,29235.865.37$6,939
Dec 200801,29137.105.98$7,716
Nov 200801,23055.496.86$8,438
Oct 200801,38875.246.92$9,608
Sep 200801,325101.767.88$10,437
Aug 20080848114.228.48$7,194
Jul 200801,495131.0811.39$17,027
Jun 200801,666131.3313.03$21,712
May 200803,150123.1711.57$36,459
Apr 200803,743110.3110.45$39,133
Mar 200803,660101.909.66$35,371
Feb 200802,61392.538.77$22,918
Jan 20080090.388.21$0

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.

Jun 2020 — as filed, then multipliedworked
Condensate             0 bbl  × $ 34.90 =         $0
Gas                  173 Mcf  × $  1.69 =       $292

────────────────────────────────────────────────────
Month total                                     $292

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/250111 is the state's own key, not one this site invented.