WALTON A/C 118

Operated by SAXET OIL CORPORATION (P-5 749370) in the KERMIT (YATES) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 114313District 08Field 49038639Hydrogen sulphide fieldGasSaveExport
Value, all time
$70 k
Jan 1993 – Jul 2024
Value, last 12 filed months
$502
at the published price for each month
Months reported
379
no gaps in the span
Streams
1
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 215 leases and 215 wells, and the rule below applies to all of them.

Discovered
1928-05-05
as the register files it
Field class
Gas
the register's own label
Between wells
660 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 1987-06-15.

The register flags this field for hydrogen sulphide. That is a poisonous gas that occurs naturally in some formations. The flag is a property of the field as the Commission records it. It is not a measurement taken at this lease, and it is not a statement that gas is escaping anywhere.

The Commission's schedule remark for this field reads: ALLOCATION FORMULA SUSPENDED 4/1/95 PER COMPLETED AOF SURVEY

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
GasProduction20,829 Mcf$69,977
Total$69,977

4,771 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 31.8181, -103.1125. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.81815, -103.11253 · 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
2,685 ft
1 wells filed one
Completion to plug
39.6 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 2,685 ft.

Completions filed
Dec 1984
1 of 1 wells
Plug dates filed
Jul 2024
1 of 1 wells

Last completion to plug: a median of 39.6 years across the 1 well that filed both dates, with the middle half between 39.6 years and 39.6 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-4950238912,685 ftDec 1984Jul 2024Yes

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 (379)

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

379 months

Jul 2024079.932.15$0
Jun 20244978.082.63$129
May 202410178.812.20$222
Apr 2024284.451.66$3
Mar 2024880.301.55$12
Feb 2024876.091.78$14
Jan 2024773.023.30$23
Dec 20231171.262.61$29
Nov 2023477.892.81$11
Oct 2023385.443.09$9
Sep 2023289.042.74$5
Aug 20231680.522.67$43
Jul 2023774.852.64$18
Jun 20231468.962.26$32
May 20231170.622.23$25
Apr 20231278.122.24$27
Mar 2023772.852.39$17
Feb 2023775.112.47$17
Jan 2023976.533.39$30
Dec 2022876.415.73$46
Nov 20221785.005.65$96
Oct 20221587.185.86$88
Sep 20221784.888.16$139
Aug 20221794.529.13$155
Jul 202214101.587.54$106
Jun 20220115.097.98$0
May 20224109.378.43$34
Apr 202216104.226.84$109
Mar 202216108.885.08$81
Feb 20221391.054.86$63
Jan 2022981.844.54$41
Dec 20211771.323.90$66
Nov 202113777.435.24$717
Oct 20211679.795.71$91
Sep 20211569.865.35$80
Aug 20211666.024.22$68
Jul 20211670.783.98$64
Jun 20211369.493.38$44
May 20211463.483.02$42
Apr 20211160.362.76$30
Mar 2021061.302.72$0
Feb 2021057.805.55$0
Jan 2021050.412.81$0
Dec 2020044.642.68$0
Nov 2020038.772.71$0
Oct 2020036.972.48$0
Sep 2020037.091.99$0
Aug 2020139.982.39$2
Jul 2020438.371.83$7
Jun 2020534.901.69$8
May 2020416.921.81$7
Apr 2020114.751.80$2
Mar 2020230.341.86$4
Feb 2020049.881.98$0
Jan 2020357.252.09$6
Dec 2019359.012.30$7
Nov 2019055.302.75$0
Oct 2019053.472.42$0
Sep 2019055.052.66$0
Aug 2019053.112.30$0
Jul 2019556.272.46$12
Jun 2019252.782.49$5
May 2019258.482.74$5
Apr 2019162.632.75$3
Mar 2019556.803.06$15
Feb 2019050.852.79$0
Jan 2019246.033.23$6
Dec 2018046.594.19$0
Nov 2018052.934.24$0
Oct 20181561.443.40$51
Sep 20181959.543.11$59
Aug 20182159.403.07$64
Jul 20182065.142.93$59
Jun 20182160.183.08$65
May 20182265.382.90$64
Apr 2018563.842.90$15
Mar 2018361.222.79$8
Feb 2018461.782.77$11
Jan 2018162.874.01$4
Dec 2017557.272.92$15
Nov 2017155.423.12$3
Oct 2017249.292.98$6
Sep 20171547.523.09$46
Aug 20177945.373.00$237
Jul 20178643.873.09$266
Jun 20178142.493.09$250
May 20179045.373.26$294
Apr 20179347.933.21$299
Mar 201710446.772.98$310
Feb 20178750.452.95$257
Jan 201710149.413.42$345
Dec 20168348.763.72$309
Nov 20168642.492.64$227
Oct 20165446.193.09$167
Sep 20164241.553.10$130
Aug 20164441.442.92$129
Jul 20163841.622.92$111
Jun 20161445.352.69$38
May 20161042.521.99$20
Apr 20162036.561.99$40
Mar 2016033.011.79$0
Feb 2016126.472.06$2
Jan 20161127.352.36$26
Dec 20152632.362.00$52
Nov 20154238.792.17$91
Oct 20153843.552.43$92
Sep 20151142.992.76$30
Aug 20153140.162.87$89
Jul 20155448.152.95$159
Jun 20153556.152.88$101
May 20157755.212.96$228
Apr 201510449.822.71$281
Mar 20158142.892.93$238
Feb 20156744.662.98$199
Jan 20156343.433.10$195
Dec 201410354.693.59$370
Nov 20146370.464.25$268
Oct 201411978.303.90$464
Sep 20148786.164.05$352
Aug 20149489.394.04$379
Jul 20148196.564.18$339
Jun 20146098.164.74$284
May 20145494.734.73$255
Apr 20146295.944.81$298
Mar 20145695.895.06$283
Feb 20145097.406.19$310
Jan 20145890.404.86$282
Dec 20135391.824.35$231
Nov 20136188.853.74$228
Oct 20134697.423.78$174
Sep 201354104.113.72$201
Aug 201337104.253.52$130
Jul 201345102.523.72$167
Jun 20132994.403.93$114
May 20133394.834.15$137
Apr 20131593.964.28$64
Mar 20132493.623.91$94
Feb 20132491.233.42$82
Jan 2013091.603.42$0
Dec 2012086.773.42$0
Nov 2012086.953.62$0
Oct 2012089.383.40$0
Sep 2012594.672.92$15
Aug 20122892.662.91$81
Jul 20123685.133.02$109
Jun 20123379.822.52$83
May 20124391.612.49$107
Apr 201230101.652.00$60
Mar 201223105.052.22$51
Feb 201214101.102.57$36
Jan 20121698.092.73$44
Dec 20111496.873.24$45
Nov 20112595.723.31$83
Oct 20113484.983.65$124
Sep 20113683.623.99$143
Aug 20114083.404.15$166
Jul 20113894.144.52$172
Jun 20113392.904.64$153
May 20112298.134.40$97
Apr 201123105.964.33$100
Mar 20112496.364.06$97
Feb 20112085.644.18$84
Jan 20112386.504.59$106
Dec 20102985.734.35$126
Nov 20102780.843.80$102
Oct 20102578.103.51$88
Sep 20102472.633.98$96
Aug 20103573.684.42$155
Jul 20102772.554.74$128
Jun 20102670.364.91$128
May 20102571.124.24$106
Apr 20102881.694.12$115
Mar 20102678.394.39$114
Feb 20103273.585.44$174
Jan 20103274.365.96$191
Dec 20093271.445.48$175
Nov 20093474.593.75$128
Oct 20093172.544.11$127
Sep 20093065.543.06$92
Aug 2009567.423.22$16
Jul 20092061.133.46$69
Jun 20094566.163.90$175
May 20093954.743.93$153
Apr 20093946.773.59$140
Mar 20093942.144.06$158
Feb 20093232.814.63$148
Jan 20094235.865.37$226
Dec 20085037.105.98$299
Nov 20084455.496.86$302
Oct 20085675.246.92$388
Sep 200834101.767.88$268
Aug 200862114.228.48$526
Jul 200856131.0811.39$638
Jun 200846131.3313.03$600
May 200822123.1711.57$255
Apr 200822110.3110.45$230
Mar 200822101.909.66$213
Feb 20081692.538.77$140
Jan 20082790.388.21$222
Dec 20072788.337.30$197
Nov 20072591.677.29$182
Oct 20074082.856.92$277
Sep 20073075.846.24$187
Aug 20073469.066.39$217
Jul 20073370.906.39$211
Jun 20073662.007.55$272
May 20073458.747.85$267
Apr 20074259.617.81$328
Mar 20075056.927.30$365
Feb 20074355.108.22$353
Jan 20074950.306.73$330
Dec 20066356.656.92$436
Nov 20066454.207.62$488
Oct 20065354.906.01$319
Sep 20063360.085.04$166
Aug 20063168.717.34$228
Jul 20063769.376.34$235
Jun 20063966.286.38$249
May 20063866.016.42$244
Apr 20063964.397.36$287
Mar 20061856.707.08$127
Feb 20063557.597.75$271
Jan 20064460.598.93$393
Dec 20053654.9413.42$483
Nov 20053554.6910.59$371
Oct 20056658.3413.80$911
Sep 20059261.4512.08$1,111
Aug 20057561.519.80$735
Jul 20059155.697.84$714
Jun 20056452.337.38$472
May 20056545.226.65$432
Apr 20057449.207.36$545
Mar 20056950.377.15$494
Feb 20056445.226.31$404
Jan 20059043.166.32$569
Dec 20048839.866.75$594
Nov 20047245.286.33$456
Oct 20048549.706.52$554
Sep 20046643.245.28$349
Aug 20048142.375.55$450
Jul 20048938.286.08$541
Jun 20045636.106.43$360
May 20045537.486.49$357
Apr 20045234.475.86$305
Mar 20046434.365.53$354
Feb 20046132.455.51$336
Jan 20045532.036.30$346
Dec 20035530.266.30$347
Nov 20035428.804.60$248
Oct 20037928.174.76$376
Sep 20038926.314.75$423
Aug 20037029.765.13$359
Jul 20033729.415.17$191
Jun 20035928.565.98$353
May 20034626.595.97$275
Apr 20034926.675.41$265
Mar 20036331.146.10$384
Feb 20035533.487.93$436
Jan 20038130.315.58$452
Dec 20027326.914.85$354
Nov 20026924.664.14$285
Oct 20029026.464.23$381
Sep 20028227.443.64$298
Aug 200210225.963.16$323
Jul 20029424.583.06$288
Jun 200210723.733.34$357
May 200211324.663.58$405
Apr 200210823.653.51$379
Mar 20028022.003.10$248
Feb 20025718.222.38$135
Jan 20023817.172.38$90
Dec 20016216.932.36$147
Nov 200110618.072.41$255
Oct 200111219.782.53$283
Sep 20015724.262.25$128
Aug 20016824.873.05$208
Jul 200113723.933.20$438
Jun 200115024.563.82$574
May 200116125.524.31$693
Apr 200113524.685.34$720
Mar 200112224.545.38$656
Feb 200113627.755.77$784
Jan 200112727.478.40$1,067
Dec 200010326.889.12$940
Nov 200012032.215.66$679
Oct 200014331.235.15$736
Sep 200013031.875.19$674
Aug 200013929.644.54$631
Jul 200015128.534.09$618
Jun 200012929.304.40$567
May 200013727.263.68$504
Apr 200015324.513.12$477
Mar 200015028.422.86$429
Feb 200013927.622.73$379
Jan 200014625.272.48$362
Dec 199913724.282.42$332
Nov 199914923.192.43$363
Oct 199912420.982.80$348
Sep 199914421.752.62$377
Aug 19999319.262.88$267
Jul 19991617.892.37$38
Jun 19992015.942.36$47
May 19998815.792.32$204
Apr 19999015.102.21$199
Mar 19999112.471.84$167
Feb 1999599.981.82$107
Jan 19994810.381.90$91
Dec 1998729.201.77$128
Nov 19986510.892.19$142
Oct 19985512.421.97$108
Sep 19985812.592.08$121
Aug 19986711.301.91$128
Jul 19987711.742.24$172
Jun 199811311.242.24$253
May 19983412.622.21$75
Apr 1998113.042.51$3
Mar 19981612.802.31$37
Feb 19989713.952.30$223
Jan 19989714.702.15$209
Dec 19979816.322.41$236
Nov 199710018.193.09$309
Oct 19979819.253.15$309
Sep 19979817.742.95$290
Aug 199710417.862.55$266
Jul 199710417.582.25$234
Jun 199710817.242.26$244
May 199712018.972.31$277
Apr 199711717.882.08$244
Mar 199711518.951.94$223
Feb 19979120.492.21$201
Jan 19977423.483.54$262
Dec 19968723.32$0
Nov 19969021.97$0
Oct 19969123.31$0
Sep 19969722.22$0
Aug 19969420.26$0
Jul 19968619.55$0
Jun 19969618.73$0
May 19969719.43$0
Apr 19969421.51$0
Mar 19969319.38$0
Feb 19968516.98$0
Jan 19968217.07$0
Dec 19959717.19$0
Nov 199511616.00$0
Oct 199511715.43$0
Sep 199511016.18$0
Aug 199511715.92$0
Jul 199512115.24$0
Jun 19958016.41$0
May 19959817.56$0
Apr 19957417.73$0
Mar 19957116.44$0
Feb 19956216.58$0
Jan 19959015.92$0
Dec 19949515.03$0
Nov 199410015.90$0
Oct 199410015.58$0
Sep 19949615.29$0
Aug 199410816.13$0
Jul 199410417.56$0
Jun 19949617.09$0
May 199410515.88$0
Apr 199410214.14$0
Mar 199410112.46$0
Feb 19948812.50$0
Jan 19949712.66$0
Dec 19939312.33$0
Nov 199310914.49$0
Oct 199310215.85$0
Sep 19939115.03$0
Aug 199312015.66$0
Jul 199312315.46$0
Jun 199312616.79$0
May 199312317.68$0
Apr 199313018.05$0
Mar 199310418.14$0
Feb 199310017.90$0
Jan 199311316.93$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.

Jun 2024 — as filed, then multipliedworked
Gas                   49 Mcf  × $  2.63 =       $129

────────────────────────────────────────────────────
Month total                                     $129

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. 08/G/114313 is the state's own key, not one this site invented.