WALTON, SALLIE

Name: WALTON, SALLIE lease production and value, Jul 1996 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

Operated by NOW DEVELOPMENT CO., INC. (P-5 615790) in the CHAPEL HILL (PETTIT) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 13563District 06Field 17008222OilCasinghead gasSave Export

Value, all time

$1.1 M

Jul 1996 – Sep 2006

Value, last 12 filed months

$260 k

at the published price for each month

Months reported

123

no gaps in the span

Streams

oil, casinghead gas

The CHAPEL HILL (PETTIT) field

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 55 leases and 63 wells, and the rule below applies to all of them.

Discovered

1940-02-02

as the register files it

Field class

Oil and gas

the register's own label

Between wells

933 ft

minimum

From a lease line

467 ft

minimum

A drilling unit in this field needs at least 40 acres. The field rule took effect on 1984-10-31.

The Commission's schedule remark for this field reads: “FIELD RULES MADE PERMANENT 6-23-86 PER DOCKET NO.6-87,378.”

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.

Stream	Basis	Volume	Value
Oil	Disposition	1,617 bbl	$55,792
Casinghead gas	Production	194,130 Mcf	$1,037,782
Total			$1,093,574

7,725 Mcf of this lease's gas, across 6 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 32.3855, -95.1070. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.38548, -95.10700 · centre of the wells drawn, derived⌘ or Ctrl + scroll to zoom

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

0.0%

0 of 1 wells

Median depth

8,594 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

1100.0%

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.

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 8,594 ft.

Completions filed

Jun 2006

1 of 1 wells

1 well


42-42330650	1	8,594 ft	Jun 2006	—	Yes

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 (123)

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

123 months


Sep 2006	0	0	60.08	5.04	$0
Aug 2006	0	0	68.71	7.34	$0
Jul 2006	182	0	69.37	6.34	$12,625
Jun 2006	0	0	66.28	6.38	$0
May 2006	0	2,881	66.01	6.42	$18,510
Apr 2006	0	2,870	64.39	7.36	$21,125
Mar 2006	0	3,103	56.70	7.08	$21,978
Feb 2006	0	2,741	57.59	7.75	$21,246
Jan 2006	0	3,197	60.59	8.93	$28,560
Dec 2005	0	3,171	54.94	13.42	$42,540
Nov 2005	180	3,177	54.69	10.59	$43,484
Oct 2005	0	3,592	58.34	13.80	$49,554
Sep 2005	0	3,541	61.45	12.08	$42,772
Aug 2005	0	3,801	61.51	9.80	$37,238
Jul 2005	0	4,207	55.69	7.84	$32,998
Jun 2005	0	4,194	52.33	7.38	$30,956
May 2005	0	4,509	45.22	6.65	$29,990
Apr 2005	0	3,928	49.20	7.36	$28,912
Mar 2005	0	3,185	50.37	7.15	$22,788
Feb 2005	164	701	45.22	6.31	$11,841
Jan 2005	0	772	43.16	6.32	$4,881
Dec 2004	0	910	39.86	6.75	$6,143
Nov 2004	0	1,061	45.28	6.33	$6,717
Oct 2004	0	1,478	49.70	6.52	$9,629
Sep 2004	0	1,167	43.24	5.28	$6,166
Aug 2004	0	1,531	42.37	5.55	$8,498
Jul 2004	0	1,621	38.28	6.08	$9,862
Jun 2004	0	1,496	36.10	6.43	$9,624
May 2004	0	1,386	37.48	6.49	$9,001
Apr 2004	0	1,503	34.47	5.86	$8,805
Mar 2004	0	1,497	34.36	5.53	$8,279
Feb 2004	0	1,444	32.45	5.51	$7,956
Jan 2004	0	1,624	32.03	6.30	$10,231
Dec 2003	0	1,724	30.26	6.30	$10,864
Nov 2003	0	1,441	28.80	4.60	$6,622
Oct 2003	0	1,277	28.17	4.76	$6,078
Sep 2003	0	553	26.31	4.75	$2,626
Aug 2003	244	600	29.76	5.13	$10,339
Jul 2003	0	600	29.41	5.17	$3,103
Jun 2003	0	800	28.56	5.98	$4,786
May 2003	0	899	26.59	5.97	$5,369
Apr 2003	0	320	26.67	5.41	$1,730
Mar 2003	0	52	31.14	6.10	$317
Feb 2003	0	57	33.48	7.93	$452
Jan 2003	0	53	30.31	5.58	$296
Dec 2002	0	60	26.91	4.85	$291
Nov 2002	0	58	24.66	4.14	$240
Oct 2002	0	55	26.46	4.23	$233
Sep 2002	0	50	27.44	3.64	$182
Aug 2002	121	464	25.96	3.16	$4,609
Jul 2002	0	768	24.58	3.06	$2,351
Jun 2002	0	765	23.73	3.34	$2,554
May 2002	0	826	24.66	3.58	$2,960
Apr 2002	0	1,021	23.65	3.51	$3,586
Mar 2002	0	1,074	22.00	3.10	$3,332
Feb 2002	0	846	18.22	2.38	$2,010
Jan 2002	0	1,062	17.17	2.38	$2,523
Dec 2001	0	976	16.93	2.36	$2,308
Nov 2001	0	1,665	18.07	2.41	$4,005
Oct 2001	0	2,906	19.78	2.53	$7,349
Sep 2001	0	3,256	24.26	2.25	$7,330
Aug 2001	0	3,593	24.87	3.05	$10,970
Jul 2001	0	3,508	23.93	3.20	$11,215
Jun 2001	0	3,392	24.56	3.82	$12,972
May 2001	0	3,545	25.52	4.31	$15,269
Apr 2001	0	3,445	24.68	5.34	$18,380
Mar 2001	0	3,586	24.54	5.38	$19,280
Feb 2001	87	3,156	27.75	5.77	$20,615
Jan 2001	0	3,578	27.47	8.40	$30,051
Dec 2000	0	3,543	26.88	9.12	$32,321
Nov 2000	100	3,647	32.21	5.66	$23,856
Oct 2000	0	3,733	31.23	5.15	$19,208
Sep 2000	41	3,677	31.87	5.19	$20,377
Aug 2000	0	3,844	29.64	4.54	$17,455
Jul 2000	0	4,306	28.53	4.09	$17,610
Jun 2000	0	3,843	29.30	4.40	$16,899
May 2000	82	4,024	27.26	3.68	$17,043
Apr 2000	0	3,960	24.51	3.12	$12,339
Mar 2000	0	2,118	28.42	2.86	$6,057
Feb 2000	0	18	27.62	2.73	$49
Jan 2000	119	492	25.27	2.48	$4,228
Dec 1999	0	524	24.28	2.42	$1,270
Nov 1999	0	403	23.19	2.43	$981
Oct 1999	0	530	20.98	2.80	$1,486
Sep 1999	0	519	21.75	2.62	$1,359
Aug 1999	0	667	19.26	2.88	$1,918
Jul 1999	0	653	17.89	2.37	$1,549
Jun 1999	0	678	15.94	2.36	$1,602
May 1999	0	742	15.79	2.32	$1,722
Apr 1999	1	794	15.10	2.21	$1,768
Mar 1999	0	725	12.47	1.84	$1,333
Feb 1999	0	750	9.98	1.82	$1,363
Jan 1999	0	998	10.38	1.90	$1,896
Dec 1998	121	1,060	9.20	1.77	$2,993
Nov 1998	0	1,468	10.89	2.19	$3,209
Oct 1998	0	948	12.42	1.97	$1,867
Sep 1998	0	594	12.59	2.08	$1,237
Aug 1998	1	703	11.30	1.91	$1,352
Jul 1998	0	890	11.74	2.24	$1,991
Jun 1998	136	589	11.24	2.24	$2,846
May 1998	0	713	12.62	2.21	$1,573
Apr 1998	1	1,229	13.04	2.51	$3,092
Mar 1998	1	1,518	12.80	2.31	$3,519
Feb 1998	2	1,282	13.95	2.30	$2,975
Jan 1998	13	1,027	14.70	2.15	$2,404
Dec 1997	0	508	16.32	2.41	$1,225
Nov 1997	0	780	18.19	3.09	$2,409
Oct 1997	0	894	19.25	3.15	$2,816
Sep 1997	0	797	17.74	2.95	$2,355
Aug 1997	12	448	17.86	2.55	$1,359
Jul 1997	0	0	17.58	2.25	$0
Jun 1997	0	0	17.24	2.26	$0
May 1997	0	84	18.97	2.31	$194
Apr 1997	0	394	17.88	2.08	$821
Mar 1997	1	1,191	18.95	1.94	$2,328
Feb 1997	1	949	20.49	2.21	$2,114
Jan 1997	1	832	23.48	3.54	$2,969
Dec 1996	0	681	23.32	—	$0
Nov 1996	0	1,079	21.97	—	$0
Oct 1996	3	884	23.31	—	$70
Sep 1996	0	1,516	22.22	—	$0
Aug 1996	1	2,253	20.26	—	$20
Jul 1996	2	1,312	19.55	—	$39

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.

Jul 2006 — as filed, then multipliedworked

Oil                  182 bbl  × $ 69.37 =    $12,625
Casinghead gas         0 Mcf  × $  6.34 =         $0

────────────────────────────────────────────────────
Month total                                  $12,625

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/O/13563 is the state's own key, not one this site invented.