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 98680District 06Field 66461275NGPA filingCondensateGasSaveExport
Value, all time
$7.6 M
Jan 1993 – May 2026
Value, last 12 filed months
$113 k
at the published price for each month
Months reported
401
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
NGPA2none

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
CondensateDisposition2,595 bbl$118,836
GasProduction1,952,390 Mcf$7,511,698
Total$7,630,534

366,969 Mcf of this lease's gas, across 48 months, carries no value here. No free Texas wellhead gas price exists before 1997, so those months are left out of the total rather than valued at zero. The total above is therefore a floor, not an estimate.

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 32.3296, -94.6406. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.32960, -94.64055 · 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
10,570 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 10,570 ft.

Completions filed
Oct 2005
1 of 1 wells

1 well

42-40131287110,570 ftOct 2005

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 (401)

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

401 months

May 202600106.413.05$0
Apr 202632,33498.932.87$6,995
Mar 202602,51989.753.15$7,933
Feb 202602,19963.503.75$8,247
Jan 202602,58259.138.00$20,651
Dec 202502,68156.664.41$11,832
Nov 20251732,54758.593.93$20,137
Oct 202502,31659.383.30$7,654
Sep 202502,41762.743.08$7,437
Aug 202502,32663.933.01$7,012
Jul 202502,42466.743.32$8,036
Jun 202502,35166.483.13$7,356
May 202502,49660.553.23$8,068
Apr 202502,45562.363.54$8,698
Mar 202502,48167.704.27$10,590
Feb 202502,30370.884.34$9,997
Jan 202502,80374.324.28$11,993
Dec 202402,73568.993.12$8,537
Nov 202402,49069.052.20$5,474
Oct 202402,70171.372.28$6,162
Sep 202402,68869.612.36$6,355
Aug 202402,46075.632.06$5,077
Jul 202402,53079.932.15$5,431
Jun 202402,44678.082.63$6,443
May 202402,52678.812.20$5,553
Apr 202402,41184.451.66$4,000
Mar 202412,64080.301.55$4,159
Feb 202402,42976.091.78$4,332
Jan 202402,60073.023.30$8,574
Dec 202302,92371.262.61$7,631
Nov 202302,58477.892.81$7,255
Oct 202302,33985.443.09$7,221
Sep 202313,17089.042.74$8,759
Aug 202302,76880.522.67$7,399
Jul 202302,78274.852.64$7,349
Jun 202302,49168.962.26$5,626
May 202312,60970.622.23$5,882
Apr 202311,77478.122.24$4,048
Mar 202302,04672.852.39$4,896
Feb 202302,02375.112.47$4,988
Jan 202302,52776.533.39$8,561
Dec 202212,11276.415.73$12,176
Nov 202202,89785.005.65$16,357
Oct 202203,30487.185.86$19,374
Sep 202213,34484.888.16$27,384
Aug 202203,33994.529.13$30,476
Jul 202202,965101.587.54$22,362
Jun 202203,003115.097.98$23,956
May 202213,529109.378.43$29,870
Apr 202203,356104.226.84$22,947
Mar 202213,105108.885.08$15,871
Feb 202212,62391.054.86$12,836
Jan 202212,58481.844.54$11,807
Dec 202102,59171.323.90$10,103
Nov 202112,74477.435.24$14,447
Oct 202102,90679.795.71$16,605
Sep 202112,78269.865.35$14,956
Aug 202122,35166.024.22$10,055
Jul 202112,99370.783.98$11,989
Jun 202123,07669.493.38$10,538
May 202123,12163.483.02$9,545
Apr 202102,88460.362.76$7,955
Mar 202102,63761.302.72$7,165
Feb 202101,69957.805.55$9,426
Jan 202102,70550.412.81$7,602
Dec 202002,25644.642.68$6,036
Nov 202002,61938.772.71$7,089
Oct 202012,95736.972.48$7,366
Sep 202002,86537.091.99$5,704
Aug 202003,13539.982.39$7,477
Jul 202023,16538.371.83$5,853
Jun 202013,29334.901.69$5,601
May 202043,53916.921.81$6,490
Apr 202003,37614.751.80$6,092
Mar 202013,17930.341.86$5,931
Feb 202002,95149.881.98$5,845
Jan 202002,96757.252.09$6,215
Dec 201903,40159.012.30$7,837
Nov 201913,39355.302.75$9,388
Oct 201923,64053.472.42$8,910
Sep 201923,72055.052.66$9,995
Aug 201924,11953.112.30$9,598
Jul 201924,30856.272.46$10,710
Jun 201923,50052.782.49$8,825
May 201933,66258.482.74$10,210
Apr 201903,72462.632.75$10,244
Mar 201903,82056.803.06$11,697
Feb 201903,54650.852.79$9,901
Jan 201903,45746.033.23$11,160
Dec 201803,35146.594.19$14,025
Nov 201803,67252.934.24$15,559
Oct 2018363,69061.443.40$14,751
Sep 201803,65759.543.11$11,366
Aug 201814,46259.403.07$13,742
Jul 201804,67365.142.93$13,701
Jun 201824,49960.183.08$13,963
May 201804,68365.382.90$13,584
Apr 201814,66263.842.90$13,587
Mar 201804,04061.222.79$11,259
Feb 201803,69861.782.77$10,229
Jan 201804,24962.874.01$17,036
Dec 201704,10557.272.92$11,993
Nov 201714,32855.423.12$13,552
Oct 201714,67349.292.98$13,992
Sep 201714,48647.523.09$13,897
Aug 201704,81745.373.00$14,472
Jul 201724,95243.873.09$15,376
Jun 2017204,87942.493.09$15,913
May 201704,94345.373.26$16,131
Apr 201714,82647.933.21$15,547
Mar 201704,97746.772.98$14,850
Feb 201704,57150.452.95$13,496
Jan 201704,83549.413.42$16,530
Dec 201614,92348.763.72$18,376
Nov 201605,11342.492.64$13,521
Oct 201615,76046.193.09$17,846
Sep 201615,93741.553.10$18,450
Aug 201616,22541.442.92$18,245
Jul 2016416,45741.622.92$20,589
Jun 201605,51145.352.69$14,802
May 201604,28742.521.99$8,536
Apr 201614,77336.561.99$9,540
Mar 201602,55833.011.79$4,589
Feb 201602,35426.472.06$4,858
Jan 201602,12727.352.36$5,029
Dec 201502,05832.362.00$4,119
Nov 201502,16338.792.17$4,688
Oct 201502,82743.552.43$6,860
Sep 201512,37642.992.76$6,597
Aug 2015192,39840.162.87$7,651
Jul 201522,42948.152.95$7,250
Jun 201502,43756.152.88$7,026
May 201502,56155.212.96$7,569
Apr 201512,37849.822.71$6,486
Mar 201502,50142.892.93$7,340
Feb 201512,46144.662.98$7,369
Jan 201502,65743.433.10$8,238
Dec 201413,13154.693.59$11,299
Nov 201414,23770.464.25$18,086
Oct 201413,09278.303.90$12,140
Sep 201412,38686.164.05$9,739
Aug 201412,55789.394.04$10,407
Jul 201412,87996.564.18$12,130
Jun 201413,18098.164.74$15,161
May 201413,47594.734.73$16,520
Apr 2014354,30895.944.81$24,076
Mar 201412,51795.895.06$12,824
Feb 201402,21097.406.19$13,684
Jan 201402,46990.404.86$12,001
Dec 201302,38491.824.35$10,381
Nov 201302,26188.853.74$8,452
Oct 201302,70397.423.78$10,216
Sep 201302,675104.113.72$9,945
Aug 201302,889104.253.52$10,177
Jul 201303,085102.523.72$11,469
Jun 201303,36794.403.93$13,244
May 201304,49994.834.15$18,667
Apr 2013283,83393.964.28$19,046
Mar 201302,89393.623.91$11,320
Feb 201302,85991.233.42$9,778
Jan 2013182,73091.603.42$10,985
Dec 201202,54186.773.42$8,691
Nov 201202,56686.953.62$9,302
Oct 2012172,47489.383.40$9,930
Sep 201202,63494.672.92$7,687
Aug 201202,73192.662.91$7,942
Jul 201203,51485.133.02$10,615
Jun 201204,16279.822.52$10,484
May 201204,00091.612.49$9,953
Apr 201203,964101.652.00$7,915
Mar 201203,704105.052.22$8,231
Feb 2012313,427101.102.57$11,942
Jan 201203,77598.092.73$10,321
Dec 201103,90896.873.24$12,661
Nov 201103,77495.723.31$12,497
Oct 201104,39084.983.65$16,017
Sep 201114,50983.623.99$18,056
Aug 201113,97983.404.15$16,594
Jul 201103,17994.144.52$14,360
Jun 201113,01092.904.64$14,059
May 2011212,97398.134.40$15,156
Apr 201103,326105.964.33$14,412
Mar 201113,60496.364.06$14,719
Feb 201112,65885.644.18$11,196
Jan 201113,23086.504.59$14,908
Dec 2010243,81085.734.35$18,622
Nov 201013,36280.843.80$12,841
Oct 201014,58678.103.51$16,170
Sep 201014,41972.633.98$17,658
Aug 201014,55673.684.42$20,208
Jul 2010264,03072.554.74$20,974
Jun 201004,25670.364.91$20,899
May 201015,72871.124.24$24,330
Apr 2010274,72281.694.12$21,673
Mar 201004,63578.394.39$20,341
Feb 201004,24373.585.44$23,092
Jan 201005,03374.365.96$30,017
Dec 200905,35471.445.48$29,360
Nov 2009305,24174.593.75$21,899
Oct 200905,94172.544.11$24,419
Sep 200907,01165.543.06$21,487
Aug 200905,81467.423.22$18,712
Jul 200906,98561.133.46$24,200
Jun 2009317,12666.163.90$29,807
May 200905,10654.743.93$20,045
Apr 200904,95746.773.59$17,783
Mar 200904,89942.144.06$19,885
Feb 2009305,16932.814.63$24,932
Jan 200906,31135.865.37$33,896
Dec 200809,52837.105.98$56,950
Nov 200805,53455.496.86$37,965
Oct 200805,58975.246.92$38,687
Sep 2008245,500101.767.88$45,766
Aug 200805,805114.228.48$49,244
Jul 200806,521131.0811.39$74,270
Jun 2008366,653131.3313.03$91,434
May 200808,246123.1711.57$95,442
Apr 20083710,859110.3110.45$117,611
Mar 2008011,283101.909.66$109,040
Feb 20083013,82592.538.77$124,029
Jan 20081512,51790.388.21$104,067
Dec 200794,28288.337.30$32,062
Nov 200704,24491.677.29$30,946
Oct 200794,13182.856.92$29,340
Sep 200704,00575.846.24$25,008
Aug 2007113,73269.066.39$24,599
Jul 200704,76370.906.39$30,426
Jun 2007155,53862.007.55$42,733
May 2007114,66758.747.85$37,265
Apr 200704,37859.617.81$34,171
Mar 2007306,19356.927.30$46,929
Feb 200704,12155.108.22$33,858
Jan 2007435,89350.306.73$41,804
Dec 200626,88956.656.92$47,774
Nov 2006465,63654.207.62$45,425
Oct 200618,38254.906.01$50,463
Sep 200615,65260.085.04$28,530
Aug 2006348,27768.717.34$63,089
Jul 200608,08869.376.34$51,300
Jun 2006011,23466.286.38$71,717
May 2006367,19566.016.42$48,604
Apr 200607,57564.397.36$55,756
Mar 20063510,64056.707.08$77,347
Feb 20063812,23357.597.75$97,008
Jan 2006015,53360.598.93$138,761
Dec 20056022,42954.9413.42$304,190
Nov 2005039,07554.6910.59$413,742
Oct 20050058.3413.80$0
Sep 2005264361.4512.08$7,890
Aug 200503,87061.519.80$37,914
Jul 200504,81755.697.84$37,783
Jun 200504,48052.337.38$33,067
May 2005333,62045.226.65$25,569
Apr 200503,25949.207.36$23,988
Mar 200503,61150.377.15$25,836
Feb 200503,24845.226.31$20,501
Jan 200504,15843.166.32$26,288
Dec 200405,45539.866.75$36,827
Nov 2004383,95545.286.33$26,757
Oct 200404,38149.706.52$28,543
Sep 200404,03343.245.28$21,310
Aug 200404,15842.375.55$23,080
Jul 200404,18738.286.08$25,474
Jun 20041144,22636.106.43$31,301
May 2004154,41937.486.49$29,262
Apr 200404,43434.475.86$25,976
Mar 2004284,61134.365.53$26,462
Feb 200405,14032.455.51$28,319
Jan 2004314,54432.036.30$29,618
Dec 200374,58230.266.30$29,086
Nov 200375,11728.804.60$23,715
Oct 200314,74128.174.76$22,594
Sep 2003225,49326.314.75$26,667
Aug 2003464,92029.765.13$26,607
Jul 20032457429.415.17$3,674
Jun 2003245,73328.565.98$34,986
May 2003284,48226.595.97$27,514
Apr 200304,35326.675.41$23,538
Mar 2003405,38431.146.10$34,067
Feb 200306,28333.487.93$49,798
Jan 2003334,30330.315.58$25,020
Dec 200204,44726.914.85$21,585
Nov 200254,69124.664.14$19,530
Oct 2002275,58126.464.23$24,317
Sep 200205,32327.443.64$19,350
Aug 2002174,58925.963.16$14,962
Jul 200204,57824.583.06$14,017
Jun 2002254,70423.733.34$16,296
May 200215,00124.663.58$17,948
Apr 200205,42423.653.51$19,051
Mar 200215,15922.003.10$16,029
Feb 200204,87818.222.38$11,589
Jan 200206,33217.172.38$15,043
Dec 200104,83116.932.36$11,422
Nov 200104,96618.072.41$11,946
Oct 200105,45519.782.53$13,795
Sep 200105,65624.262.25$12,733
Aug 200105,89724.873.05$18,004
Jul 200107,27623.933.20$23,262
Jun 200105,86824.563.82$22,440
May 200105,93025.524.31$25,542
Apr 20011085,56924.685.34$32,378
Mar 200107,31324.545.38$39,318
Feb 200105,55027.755.77$32,007
Jan 200106,80827.478.40$57,179
Dec 200006,69626.889.12$61,084
Nov 200007,64632.215.66$43,261
Oct 200004,96231.235.15$25,532
Sep 2000786,38531.875.19$35,602
Aug 200015,89029.644.54$26,775
Jul 200003,50028.534.09$14,314
Jun 200003,48829.304.40$15,338
May 200003,80127.263.68$13,987
Apr 200013,96624.513.12$12,383
Mar 200003,71828.422.86$10,633
Feb 200003,54627.622.73$9,668
Jan 200004,05825.272.48$10,066
Dec 199933,79024.282.42$9,259
Nov 199903,76723.192.43$9,169
Oct 199904,25320.982.80$11,924
Sep 199904,38221.752.62$11,476
Aug 199904,52119.262.88$13,001
Jul 199904,81817.892.37$11,430
Jun 199904,48215.942.36$10,587
May 199904,80115.792.32$11,143
Apr 1999614,98315.102.21$11,924
Mar 199905,25712.471.84$9,664
Feb 199904,6229.981.82$8,402
Jan 199905,22910.381.90$9,935
Dec 199805,5169.201.77$9,782
Nov 199805,16610.892.19$11,291
Oct 199805,72412.421.97$11,272
Sep 199805,95912.592.08$12,410
Aug 199806,70611.301.91$12,791
Jul 199829,48611.742.24$21,246
Jun 199805,41911.242.24$12,124
May 199805,49412.622.21$12,122
Apr 199805,45913.042.51$13,677
Mar 199805,74012.802.31$13,256
Feb 199805,29513.952.30$12,174
Jan 199806,16914.702.15$13,293
Dec 199706,48916.322.41$15,646
Nov 199707,01218.193.09$21,655
Oct 199707,72319.253.15$24,326
Sep 199707,80117.742.95$23,051
Aug 1997010,73117.862.55$27,415
Jul 1997511,35417.582.25$25,600
Jun 199704,98617.242.26$11,254
May 199705,34418.972.31$12,337
Apr 199705,17117.882.08$10,770
Mar 1997735,46918.951.94$11,989
Feb 199705,01220.492.21$11,056
Jan 199705,83823.483.54$20,665
Dec 199605,98423.32$0
Nov 199605,83221.97$0
Oct 199606,09523.31$0
Sep 199606,30022.22$0
Aug 199607,04520.26$0
Jul 199607,95819.55$0
Jun 199609,31318.73$0
May 1996013,82419.43$0
Apr 1996815,58921.51$1,742
Mar 199606,03019.38$0
Feb 199605,76716.98$0
Jan 199606,27617.07$0
Dec 199506,44717.19$0
Nov 199506,29616.00$0
Oct 199506,79415.43$0
Sep 199506,56616.18$0
Aug 199506,76115.92$0
Jul 1995776,74215.24$1,173
Jun 199506,72116.41$0
May 199506,83417.56$0
Apr 199506,93917.73$0
Mar 199507,35416.44$0
Feb 199506,63616.58$0
Jan 199507,83115.92$0
Dec 1994918,79915.03$1,368
Nov 199408,94615.90$0
Oct 199479,93215.58$109
Sep 199446,59015.29$61
Aug 199447,66716.13$65
Jul 199408,20517.56$0
Jun 199406,75717.09$0
May 199447,56815.88$64
Apr 199407,77314.14$0
Mar 19941038,66212.46$1,283
Feb 199407,24912.50$0
Jan 199408,38512.66$0
Dec 199308,56212.33$0
Nov 199308,10714.49$0
Oct 199308,82815.85$0
Sep 199309,65915.03$0
Aug 1993011,98115.66$0
Jul 1993998,78315.46$1,531
Jun 199307,80716.79$0
May 199307,75317.68$0
Apr 199397,79318.05$162
Mar 199307,78818.14$0
Feb 199307,05517.90$0
Jan 199308,38616.93$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.

Apr 2026 — as filed, then multipliedworked
Condensate             3 bbl  × $ 98.93 =       $297
Gas                2,334 Mcf  × $  2.87 =     $6,698

────────────────────────────────────────────────────
Month total                                   $6,995

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/98680 is the state's own key, not one this site invented.