WALTON, J. B.

Operated by SOUTHWEST ROYALTIES, INC. (P-5 806470) 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 124887District 08Field 49038639Hydrogen sulphide fieldCondensateGasSaveExport
Value, all time
$150 k
Jan 1993 – Nov 2018
Value, last 12 filed months
$0
at the published price for each month
Months reported
311
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 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
CondensateDisposition167 bbl$3,337
GasProduction53,635 Mcf$146,319
Total$149,656

17,872 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 31.8710, -103.1299. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.87096, -103.12994 · 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
2,925 ft
1 wells filed one
Completion to plug
31.4 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 2,925 ft.

Completions filed
Jun 1987
1 of 1 wells
Plug dates filed
Nov 2018
1 of 1 wells

Last completion to plug: a median of 31.4 years across the 1 well that filed both dates, with the middle half between 31.4 years and 31.4 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-49505755112,925 ftJun 1987Nov 2018Yes

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 (311)

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

311 months

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 20180061.782.77$0
Jan 20180062.874.01$0
Dec 20170057.272.92$0
Nov 20170055.423.12$0
Oct 20170049.292.98$0
Sep 20170047.523.09$0
Aug 20170045.373.00$0
Jul 20170043.873.09$0
Jun 20170042.493.09$0
May 20170045.373.26$0
Apr 20170047.933.21$0
Mar 20170046.772.98$0
Feb 20170050.452.95$0
Jan 20170049.413.42$0
Dec 20160048.763.72$0
Nov 20160042.492.64$0
Oct 20160046.193.09$0
Sep 20160041.553.10$0
Aug 20160041.442.92$0
Jul 20160041.622.92$0
Jun 20160045.352.69$0
May 20160042.521.99$0
Apr 20160036.561.99$0
Mar 20160033.011.79$0
Feb 201665026.472.06$1,721
Jan 20160027.352.36$0
Dec 20150032.362.00$0
Nov 20150038.792.17$0
Oct 20150043.552.43$0
Sep 20150042.992.76$0
Aug 20150040.162.87$0
Jul 20150048.152.95$0
Jun 20150056.152.88$0
May 20150055.212.96$0
Apr 20150049.822.71$0
Mar 20150042.892.93$0
Feb 20150044.662.98$0
Jan 20150043.433.10$0
Dec 20140054.693.59$0
Nov 20140070.464.25$0
Oct 20140078.303.90$0
Sep 20140086.164.05$0
Aug 20140089.394.04$0
Jul 20140096.564.18$0
Jun 20140098.164.74$0
May 20140094.734.73$0
Apr 20140095.944.81$0
Mar 20140095.895.06$0
Feb 20140097.406.19$0
Jan 20140090.404.86$0
Dec 20130091.824.35$0
Nov 20130088.853.74$0
Oct 20130097.423.78$0
Sep 201300104.113.72$0
Aug 201300104.253.52$0
Jul 201300102.523.72$0
Jun 20130094.403.93$0
May 20130094.834.15$0
Apr 20130093.964.28$0
Mar 20130093.623.91$0
Feb 20130091.233.42$0
Jan 20130091.603.42$0
Dec 20120086.773.42$0
Nov 20120086.953.62$0
Oct 20120089.383.40$0
Sep 20120094.672.92$0
Aug 20120092.662.91$0
Jul 20120085.133.02$0
Jun 20120079.822.52$0
May 20120091.612.49$0
Apr 201200101.652.00$0
Mar 201200105.052.22$0
Feb 201200101.102.57$0
Jan 20120098.092.73$0
Dec 20110096.873.24$0
Nov 20110095.723.31$0
Oct 20110084.983.65$0
Sep 20110083.623.99$0
Aug 20110083.404.15$0
Jul 20110094.144.52$0
Jun 20110092.904.64$0
May 20110098.134.40$0
Apr 201100105.964.33$0
Mar 20110096.364.06$0
Feb 20110085.644.18$0
Jan 20110086.504.59$0
Dec 20100085.734.35$0
Nov 20100080.843.80$0
Oct 20100078.103.51$0
Sep 20100072.633.98$0
Aug 20100073.684.42$0
Jul 20100072.554.74$0
Jun 20100070.364.91$0
May 20100071.124.24$0
Apr 20100081.694.12$0
Mar 20100078.394.39$0
Feb 20100073.585.44$0
Jan 20100074.365.96$0
Dec 20090071.445.48$0
Nov 20090074.593.75$0
Oct 20090072.544.11$0
Sep 20090065.543.06$0
Aug 20090067.423.22$0
Jul 20090061.133.46$0
Jun 20090066.163.90$0
May 20090054.743.93$0
Apr 20090046.773.59$0
Mar 20090042.144.06$0
Feb 20090032.814.63$0
Jan 20090035.865.37$0
Dec 20080037.105.98$0
Nov 20080055.496.86$0
Oct 20080075.246.92$0
Sep 200800101.767.88$0
Aug 200800114.228.48$0
Jul 200800131.0811.39$0
Jun 200800131.3313.03$0
May 200800123.1711.57$0
Apr 200800110.3110.45$0
Mar 200800101.909.66$0
Feb 20080092.538.77$0
Jan 20080090.388.21$0
Dec 20070088.337.30$0
Nov 20070091.677.29$0
Oct 20070082.856.92$0
Sep 20070075.846.24$0
Aug 20070069.066.39$0
Jul 20070070.906.39$0
Jun 20070062.007.55$0
May 20070058.747.85$0
Apr 20070059.617.81$0
Mar 20070056.927.30$0
Feb 20070055.108.22$0
Jan 20070050.306.73$0
Dec 20060056.656.92$0
Nov 20060054.207.62$0
Oct 20060054.906.01$0
Sep 20060060.085.04$0
Aug 20060068.717.34$0
Jul 20060069.376.34$0
Jun 20060066.286.38$0
May 20060066.016.42$0
Apr 20060064.397.36$0
Mar 20060056.707.08$0
Feb 20060057.597.75$0
Jan 20060060.598.93$0
Dec 20050054.9413.42$0
Nov 20050054.6910.59$0
Oct 20050058.3413.80$0
Sep 20050061.4512.08$0
Aug 20050061.519.80$0
Jul 200508255.697.84$643
Jun 200508352.337.38$613
May 2005017645.226.65$1,171
Apr 2005021649.207.36$1,590
Mar 2005015450.377.15$1,102
Feb 2005015245.226.31$959
Jan 2005016143.166.32$1,018
Dec 2004010939.866.75$736
Nov 2004023745.286.33$1,500
Oct 2004034149.706.52$2,222
Sep 2004039843.245.28$2,103
Aug 2004063742.375.55$3,536
Jul 2004044138.286.08$2,683
Jun 2004053036.106.43$3,410
May 2004048437.486.49$3,143
Apr 2004038234.475.86$2,238
Mar 2004045334.365.53$2,505
Feb 2004046532.455.51$2,562
Jan 2004041232.036.30$2,595
Dec 200307330.266.30$460
Nov 2003040328.804.60$1,852
Oct 2003046428.174.76$2,208
Sep 2003035226.314.75$1,672
Aug 2003040729.765.13$2,088
Jul 2003045629.415.17$2,358
Jun 2003029228.565.98$1,747
May 2003046426.595.97$2,771
Apr 2003042226.675.41$2,282
Mar 2003044331.146.10$2,701
Feb 2003039333.487.93$3,115
Jan 2003048530.315.58$2,707
Dec 2002047326.914.85$2,296
Nov 2002033524.664.14$1,386
Oct 2002039026.464.23$1,649
Sep 2002033827.443.64$1,229
Aug 2002031325.963.16$990
Jul 2002029724.583.06$909
Jun 2002025923.733.34$865
May 2002037724.663.58$1,351
Apr 2002027223.653.51$955
Mar 2002029422.003.10$912
Feb 2002022918.222.38$544
Jan 2002043417.172.38$1,031
Dec 2001044316.932.36$1,047
Nov 2001046618.072.41$1,121
Oct 2001035019.782.53$885
Sep 2001029124.262.25$655
Aug 2001048524.873.05$1,481
Jul 2001046623.933.20$1,490
Jun 2001051524.563.82$1,969
May 2001056525.524.31$2,434
Apr 2001055924.685.34$2,982
Mar 2001059024.545.38$3,172
Feb 2001050227.755.77$2,895
Jan 2001036127.478.40$3,032
Dec 2000036926.889.12$3,366
Nov 2000046032.215.66$2,603
Oct 2000040731.235.15$2,094
Sep 2000045331.875.19$2,349
Aug 2000044229.644.54$2,007
Jul 2000047628.534.09$1,947
Jun 2000044729.304.40$1,966
May 2000044527.263.68$1,637
Apr 2000044624.513.12$1,390
Mar 2000043428.422.86$1,241
Feb 2000036927.622.73$1,006
Jan 2000038225.272.48$948
Dec 1999033124.282.42$802
Nov 1999046323.192.43$1,127
Oct 1999051320.982.80$1,438
Sep 1999050321.752.62$1,317
Aug 1999053719.262.88$1,544
Jul 1999049717.892.37$1,179
Jun 1999044215.942.36$1,044
May 1999051715.792.32$1,200
Apr 1999050915.102.21$1,124
Mar 1999056512.471.84$1,039
Feb 199904419.981.82$802
Jan 1999054610.381.90$1,037
Dec 199804669.201.77$826
Nov 1998027810.892.19$608
Oct 1998032712.421.97$644
Sep 1998025112.592.08$523
Aug 1998021011.301.91$401
Jul 1998017911.742.24$400
Jun 1998018011.242.24$403
May 1998019112.622.21$421
Apr 199805913.042.51$148
Mar 199805012.802.31$115
Feb 1998016413.952.30$377
Jan 1998018714.702.15$403
Dec 1997018316.322.41$441
Nov 1997020718.193.09$639
Oct 1997020919.253.15$658
Sep 1997020917.742.95$618
Aug 199709317.862.55$238
Jul 1997017817.582.25$400
Jun 1997016617.242.26$375
May 1997015618.972.31$360
Apr 1997018417.882.08$383
Mar 1997018018.951.94$349
Feb 1997016520.492.21$364
Jan 1997012623.483.54$446
Dec 1996017423.32$0
Nov 1996020221.97$0
Oct 1996020023.31$0
Sep 1996019222.22$0
Aug 1996021020.26$0
Jul 1996021719.55$0
Jun 1996020218.73$0
May 1996023019.43$0
Apr 1996022821.51$0
Mar 1996022919.38$0
Feb 1996019216.98$0
Jan 1996019417.07$0
Dec 1995027517.19$0
Nov 1995032616.00$0
Oct 1995024615.43$0
Sep 1995031916.18$0
Aug 1995034515.92$0
Jul 1995040315.24$0
Jun 1995041816.41$0
May 1995042417.56$0
Apr 1995037917.73$0
Mar 1995042416.44$0
Feb 1995035116.58$0
Jan 1995038015.92$0
Dec 1994042115.03$0
Nov 1994036615.90$0
Oct 1994036315.58$0
Sep 1994039715.29$0
Aug 1994043116.13$0
Jul 1994046017.56$0
Jun 1994046717.09$0
May 1994047115.88$0
Apr 1994048114.14$0
Mar 1994054312.46$0
Feb 1994047312.50$0
Jan 1994046112.66$0
Dec 1993042912.33$0
Nov 1993052914.49$0
Oct 199310256615.85$1,617
Sep 1993054115.03$0
Aug 1993059715.66$0
Jul 1993035815.46$0
Jun 1993037616.79$0
May 1993039217.68$0
Apr 1993039718.05$0
Mar 1993043118.14$0
Feb 1993038817.90$0
Jan 1993077416.93$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.

Feb 2016 — as filed, then multipliedworked
Condensate            65 bbl  × $ 26.47 =     $1,721
Gas                    0 Mcf  × $  2.06 =         $0

────────────────────────────────────────────────────
Month total                                   $1,721

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/124887 is the state's own key, not one this site invented.