WALTON, HOLLIS

Operated by VALENCE OPERATING COMPANY (P-5 881167) in the CARTHAGE (HAYNESVILLE SHALE) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 254155District 06Field 160323002 tax incentive programmesCondensateGasSaveExport
Value, all time
$4.5 M
Jun 2009 – May 2026
Value, last 12 filed months
$111 k
at the published price for each month
Months reported
204
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 2,565 leases and 2,565 wells, and the rule below applies to all of them.

Discovered
2009-12-15
as the register files it
Field class
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 20 acres. The field rule took effect on 2013-01-29.

The Commission's schedule remark for this field reads: DESIGNATED AS UFT FIELD PER DOCKET 01-0299858

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 Gas112010-02-08196957
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
CondensateDisposition1,703 bbl$136,120
GasProduction1,192,196 Mcf$4,394,804
Total$4,530,925

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 31.5260, -94.3692. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.52600, -94.36915 · 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
14,073 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 14,073 ft.

Completions filed
Aug 2010
1 of 1 wells

1 well

42-34733004114,073 ftAug 2010

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 (204)

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

204 months

May 202601,900106.413.05$5,787
Apr 202601,92098.932.87$5,510
Mar 202602,08789.753.15$6,573
Feb 202601,94763.503.75$7,302
Jan 202602,03159.138.00$16,244
Dec 202502,37356.664.41$10,473
Nov 202502,53258.593.93$9,942
Oct 202502,54759.383.30$8,417
Sep 202502,88462.743.08$8,874
Aug 202513,31363.933.01$10,052
Jul 202503,36466.743.32$11,152
Jun 202503,31766.483.13$10,378
May 202503,76260.553.23$12,160
Apr 202503,88262.363.54$13,754
Mar 202504,25467.704.27$18,157
Feb 202574,07770.884.34$18,194
Jan 202504,89374.324.28$20,936
Dec 202475,13668.993.12$16,514
Nov 202405,24569.052.20$11,531
Oct 202406,40271.372.28$14,606
Sep 202406,80969.612.36$16,099
Aug 2024347,16875.632.06$17,364
Jul 202407,66679.932.15$16,456
Jun 202408,26478.082.63$21,767
May 202408,99278.812.20$19,768
Apr 2024686,31984.451.66$16,227
Mar 202468,74480.301.55$13,992
Feb 202403,42876.091.78$6,114
Jan 202402,96173.023.30$9,764
Dec 202303,02371.262.61$7,892
Nov 202393,29777.892.81$9,958
Oct 202303,64485.443.09$11,250
Sep 202304,21889.042.74$11,536
Aug 202305,73380.522.67$15,324
Jul 2023017,53174.852.64$46,313
Jun 2023012,11268.962.26$27,355
May 202302,06070.622.23$4,588
Apr 202301,55978.122.24$3,489
Mar 202301,63272.852.39$3,906
Feb 202301,72775.112.47$4,258
Jan 202331,08676.533.39$3,909
Dec 202201,84076.415.73$10,542
Nov 202202,01485.005.65$11,371
Oct 202211,27887.185.86$7,581
Sep 202212,06184.888.16$16,910
Aug 202201,51094.529.13$13,782
Jul 202222,028101.587.54$15,499
Jun 202201,845115.097.98$14,718
May 202201,370109.378.43$11,553
Apr 202201,449104.226.84$9,908
Mar 202201,422108.885.08$7,219
Feb 202201,23291.054.86$5,986
Jan 202211,13481.844.54$5,228
Dec 202101,38071.323.90$5,381
Nov 202101,44277.435.24$7,552
Oct 202101,45579.795.71$8,314
Sep 202101,55869.865.35$8,337
Aug 202151,34566.024.22$6,007
Jul 202111,76570.783.98$7,099
Jun 202101,44269.493.38$4,875
May 202101,40263.483.02$4,231
Apr 202101,47360.362.76$4,063
Mar 202101,66561.302.72$4,524
Feb 202101,05057.805.55$5,825
Jan 202101,40650.412.81$3,951
Dec 202001,45244.642.68$3,885
Nov 202001,66738.772.71$4,512
Oct 202001,57236.972.48$3,896
Sep 202001,67537.091.99$3,335
Aug 202011,36539.982.39$3,296
Jul 202001,69738.371.83$3,097
Jun 202001,75534.901.69$2,966
May 202001,61316.921.81$2,927
Apr 2020681,60914.751.80$3,906
Mar 202001,76830.341.86$3,282
Feb 202012,00549.881.98$4,021
Jan 202012,27357.252.09$4,819
Dec 201932,62259.012.30$6,219
Nov 201911,98455.302.75$5,513
Oct 201922,65353.472.42$6,523
Sep 2019131,56355.052.66$4,869
Aug 201901,36653.112.30$3,148
Jul 201902,10656.272.46$5,181
Jun 201902,09052.782.49$5,207
May 201912,49158.482.74$6,885
Apr 201902,65162.632.75$7,292
Mar 201902,61056.803.06$7,992
Feb 201902,49650.852.79$6,969
Jan 201902,62146.033.23$8,461
Dec 201802,70246.594.19$11,309
Nov 201802,69952.934.24$11,436
Oct 201802,48861.443.40$8,454
Sep 201802,51859.543.11$7,826
Aug 201802,73059.403.07$8,372
Jul 2018982,28265.142.93$13,074
Jun 201802,93960.183.08$9,043
May 201802,65665.382.90$7,705
Apr 201802,40863.842.90$6,985
Mar 201802,59161.222.79$7,221
Feb 201802,64161.782.77$7,305
Jan 201802,97862.874.01$11,940
Dec 201703,14057.272.92$9,174
Nov 201703,20955.423.12$10,007
Oct 201703,24449.292.98$9,679
Sep 201703,12947.523.09$9,660
Aug 201703,12745.373.00$9,395
Jul 201703,18043.873.09$9,818
Jun 201703,21542.493.09$9,926
May 201703,06245.373.26$9,993
Apr 201703,14647.933.21$10,104
Mar 201703,37346.772.98$10,064
Feb 201703,01750.452.95$8,908
Jan 201703,30949.413.42$11,313
Dec 201603,57948.763.72$13,324
Nov 201623,21942.492.64$8,597
Oct 201603,63046.193.09$11,218
Sep 201603,47541.553.10$10,775
Aug 201603,62741.442.92$10,607
Jul 201603,82341.622.92$11,180
Jun 20161334,21145.352.69$17,342
May 201642,59242.521.99$5,331
Apr 201693,86136.561.99$8,016
Mar 201623,80033.011.79$6,883
Feb 201693,88826.472.06$8,262
Jan 201653,81527.352.36$9,157
Dec 201553,84432.362.00$7,855
Nov 201554,14138.792.17$9,169
Oct 201584,10043.552.43$10,297
Sep 201584,09742.992.76$11,645
Aug 201554,23940.162.87$12,377
Jul 201544,80048.152.95$14,329
Jun 201544,09956.152.88$12,041
May 201544,75455.212.96$14,271
Apr 201524,68549.822.71$12,780
Mar 201505,19042.892.93$15,231
Feb 201514,59944.662.98$13,732
Jan 201595,21343.433.10$16,554
Dec 201475,45354.693.59$19,967
Nov 2014104,92870.464.25$21,658
Oct 201445,46178.303.90$21,616
Sep 201485,15186.164.05$21,527
Aug 201455,58589.394.04$22,983
Jul 2014115,75596.564.18$25,116
Jun 201465,72498.164.74$27,703
May 2014135,92294.734.73$29,222
Apr 2014105,57995.944.81$27,789
Mar 2014106,10995.895.06$31,851
Feb 2014105,61197.406.19$35,717
Jan 2014196,36190.404.86$32,637
Dec 201316,42791.824.35$28,078
Nov 201356,59388.853.74$25,091
Oct 201327,24197.423.78$27,561
Sep 20131747,348104.113.72$45,433
Aug 201307,870104.253.52$27,723
Jul 201307,798102.523.72$28,991
Jun 2013168,26494.403.93$34,016
May 201318,73194.834.15$36,320
Apr 201348,67293.964.28$37,514
Mar 201309,39693.623.91$36,765
Feb 201319,21491.233.42$31,602
Jan 2013010,62591.603.42$36,337
Dec 201257,30486.773.42$25,415
Nov 201234,89586.953.62$18,005
Oct 201224,96689.383.40$17,062
Sep 201225,12394.672.92$15,140
Aug 2012105,66392.662.91$17,396
Jul 201296,16985.133.02$19,401
Jun 2012196,94179.822.52$19,001
May 201205,90991.612.49$14,703
Apr 2012145,892101.652.00$13,188
Mar 201296,272105.052.22$14,882
Feb 20121916,496101.102.57$36,006
Jan 201247,49298.092.73$20,876
Dec 2011118,40596.873.24$28,296
Nov 201148,07695.723.31$27,125
Oct 201179,76984.983.65$36,237
Sep 2011710,27183.623.99$41,523
Aug 2011911,13883.404.15$46,966
Jul 2011412,16294.144.52$55,315
Jun 2011812,96292.904.64$60,885
May 20111014,63398.134.40$65,437
Apr 201118717,444105.964.33$95,404
Mar 20112327,29296.364.06$112,949
Feb 20111114,03585.644.18$59,608
Jan 2011216,94786.504.59$77,939
Dec 20101017,53685.734.35$77,099
Nov 20102216,00580.843.80$62,523
Oct 201006,12278.103.51$21,481
Sep 20101618,87972.633.98$76,290
Aug 2010887,46673.684.42$39,479
Jul 201019,20272.554.74$43,658
Jun 2010011,59470.364.91$56,931
May 2010214,32671.124.24$60,816
Apr 2010215,90981.694.12$65,751
Mar 2010417,71478.394.39$78,054
Feb 20101019,13973.585.44$104,897
Jan 2010825,80574.365.96$154,498
Dec 20091031,74871.445.48$174,813
Nov 20092737,62874.593.75$143,175
Oct 20091548,16372.544.11$199,050
Sep 20096449,68865.543.06$156,476
Aug 2009264067.423.22$2,195
Jul 200903,34161.133.46$11,575
Jun 200902,04466.163.90$7,961

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             0 bbl  × $106.41 =         $0
Gas                1,900 Mcf  × $  3.05 =     $5,787

────────────────────────────────────────────────────
Month total                                   $5,787

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/254155 is the state's own key, not one this site invented.