WALTON, J. B.

Name: WALTON, J. B. lease production and value, Jan 1993 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

Operated by CIMAREX ENERGY CO. OF COLORADO (P-5 153429) 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 126502District 08Field 49038639Hydrogen sulphide fieldNGPA filingCondensateGasSave Export

Value, all time

$586 k

Jan 1993 – May 2012

Value, last 12 filed months

$397

at the published price for each month

Months reported

233

no gaps in the span

Streams

condensate, gas

The KERMIT (YATES) 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 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”

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.

Programme	Filings	With an approval date	Dated	Docket
NGPA	1	none	—	—

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.

Stream	Basis	Volume	Value
Condensate	Disposition	4,012 bbl	$275,571
Gas	Production	135,008 Mcf	$310,129
Total			$585,700

70,251 Mcf of this lease's gas, across 31 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 31.9357, -103.1162. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.93567, -103.11624 · 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

100.0%

1 of 1 wells

Median depth

3,260 ft

1 wells filed one

Completion to plug

24.3 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 3,260 ft.

Completions filed

Jan 1988

1 of 1 wells

Plug dates filed

May 2012

1 of 1 wells

Last completion to plug: a median of 24.3 years across the 1 well that filed both dates, with the middle half between 24.3 years and 24.3 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well


42-49510356	284	3,260 ft	Jan 1988	May 2012	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 (233)

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

233 months


May 2012	0	0	91.61	2.49	$0
Apr 2012	0	0	101.65	2.00	$0
Mar 2012	0	0	105.05	2.22	$0
Feb 2012	0	0	101.10	2.57	$0
Jan 2012	0	0	98.09	2.73	$0
Dec 2011	1	0	96.87	3.24	$97
Nov 2011	3	4	95.72	3.31	$300
Oct 2011	0	0	84.98	3.65	$0
Sep 2011	0	0	83.62	3.99	$0
Aug 2011	0	0	83.40	4.15	$0
Jul 2011	0	0	94.14	4.52	$0
Jun 2011	0	0	92.90	4.64	$0
May 2011	0	0	98.13	4.40	$0
Apr 2011	0	0	105.96	4.33	$0
Mar 2011	21	0	96.36	4.06	$2,024
Feb 2011	72	227	85.64	4.18	$7,115
Jan 2011	108	195	86.50	4.59	$10,237
Dec 2010	89	184	85.73	4.35	$8,430
Nov 2010	109	550	80.84	3.80	$10,899
Oct 2010	131	518	78.10	3.51	$12,049
Sep 2010	149	389	72.63	3.98	$12,370
Aug 2010	160	414	73.68	4.42	$13,618
Jul 2010	158	268	72.55	4.74	$12,732
Jun 2010	150	182	70.36	4.91	$11,448
May 2010	111	129	71.12	4.24	$8,441
Apr 2010	39	129	81.69	4.12	$3,718
Mar 2010	94	177	78.39	4.39	$8,145
Feb 2010	124	237	73.58	5.44	$10,414
Jan 2010	104	278	74.36	5.96	$9,391
Dec 2009	62	297	71.44	5.48	$6,058
Nov 2009	92	255	74.59	3.75	$7,819
Oct 2009	96	206	72.54	4.11	$7,811
Sep 2009	138	228	65.54	3.06	$9,743
Aug 2009	137	129	67.42	3.22	$9,652
Jul 2009	107	256	61.13	3.46	$7,428
Jun 2009	144	502	66.16	3.90	$11,482
May 2009	109	550	54.74	3.93	$8,126
Apr 2009	157	585	46.77	3.59	$9,442
Mar 2009	157	656	42.14	4.06	$9,279
Feb 2009	198	693	32.81	4.63	$9,707
Jan 2009	148	808	35.86	5.37	$9,647
Dec 2008	181	789	37.10	5.98	$11,431
Nov 2008	74	497	55.49	6.86	$7,516
Oct 2008	202	486	75.24	6.92	$18,563
Sep 2008	291	264	101.76	7.88	$31,692
Aug 2008	89	120	114.22	8.48	$11,184
Jul 2008	7	6	131.08	11.39	$986
Jun 2008	0	95	131.33	13.03	$1,238
May 2008	0	266	123.17	11.57	$3,079
Apr 2008	0	258	110.31	10.45	$2,697
Mar 2008	0	286	101.90	9.66	$2,764
Feb 2008	0	250	92.53	8.77	$2,193
Jan 2008	0	285	90.38	8.21	$2,339
Dec 2007	0	315	88.33	7.30	$2,300
Nov 2007	0	105	91.67	7.29	$766
Oct 2007	0	231	82.85	6.92	$1,599
Sep 2007	0	254	75.84	6.24	$1,586
Aug 2007	0	178	69.06	6.39	$1,137
Jul 2007	0	231	70.90	6.39	$1,476
Jun 2007	0	222	62.00	7.55	$1,676
May 2007	0	266	58.74	7.85	$2,087
Apr 2007	0	259	59.61	7.81	$2,022
Mar 2007	0	278	56.92	7.30	$2,030
Feb 2007	0	282	55.10	8.22	$2,317
Jan 2007	0	296	50.30	6.73	$1,991
Dec 2006	0	239	56.65	6.92	$1,654
Nov 2006	0	288	54.20	7.62	$2,194
Oct 2006	0	262	54.90	6.01	$1,576
Sep 2006	0	251	60.08	5.04	$1,264
Aug 2006	0	262	68.71	7.34	$1,923
Jul 2006	0	313	69.37	6.34	$1,985
Jun 2006	0	134	66.28	6.38	$855
May 2006	0	269	66.01	6.42	$1,728
Apr 2006	0	276	64.39	7.36	$2,031
Mar 2006	0	321	56.70	7.08	$2,274
Feb 2006	0	284	57.59	7.75	$2,201
Jan 2006	0	304	60.59	8.93	$2,716
Dec 2005	0	257	54.94	13.42	$3,448
Nov 2005	0	321	54.69	10.59	$3,399
Oct 2005	0	328	58.34	13.80	$4,525
Sep 2005	0	303	61.45	12.08	$3,660
Aug 2005	0	321	61.51	9.80	$3,145
Jul 2005	0	354	55.69	7.84	$2,777
Jun 2005	0	361	52.33	7.38	$2,665
May 2005	0	396	45.22	6.65	$2,634
Apr 2005	0	310	49.20	7.36	$2,282
Mar 2005	0	394	50.37	7.15	$2,819
Feb 2005	0	409	45.22	6.31	$2,582
Jan 2005	0	378	43.16	6.32	$2,390
Dec 2004	0	367	39.86	6.75	$2,478
Nov 2004	0	354	45.28	6.33	$2,241
Oct 2004	0	363	49.70	6.52	$2,365
Sep 2004	0	375	43.24	5.28	$1,981
Aug 2004	0	380	42.37	5.55	$2,109
Jul 2004	0	421	38.28	6.08	$2,561
Jun 2004	0	380	36.10	6.43	$2,445
May 2004	0	358	37.48	6.49	$2,325
Apr 2004	0	371	34.47	5.86	$2,173
Mar 2004	0	563	34.36	5.53	$3,113
Feb 2004	0	562	32.45	5.51	$3,096
Jan 2004	0	581	32.03	6.30	$3,660
Dec 2003	0	505	30.26	6.30	$3,182
Nov 2003	0	505	28.80	4.60	$2,321
Oct 2003	0	458	28.17	4.76	$2,180
Sep 2003	0	419	26.31	4.75	$1,990
Aug 2003	0	488	29.76	5.13	$2,503
Jul 2003	0	519	29.41	5.17	$2,684
Jun 2003	0	401	28.56	5.98	$2,399
May 2003	0	351	26.59	5.97	$2,096
Apr 2003	0	288	26.67	5.41	$1,557
Mar 2003	0	360	31.14	6.10	$2,195
Feb 2003	0	353	33.48	7.93	$2,798
Jan 2003	0	471	30.31	5.58	$2,629
Dec 2002	0	426	26.91	4.85	$2,068
Nov 2002	0	448	24.66	4.14	$1,853
Oct 2002	0	441	26.46	4.23	$1,865
Sep 2002	0	509	27.44	3.64	$1,850
Aug 2002	0	575	25.96	3.16	$1,819
Jul 2002	0	502	24.58	3.06	$1,537
Jun 2002	0	695	23.73	3.34	$2,320
May 2002	0	444	24.66	3.58	$1,591
Apr 2002	0	590	23.65	3.51	$2,072
Mar 2002	0	612	22.00	3.10	$1,899
Feb 2002	0	475	18.22	2.38	$1,128
Jan 2002	0	294	17.17	2.38	$698
Dec 2001	0	370	16.93	2.36	$875
Nov 2001	0	460	18.07	2.41	$1,107
Oct 2001	0	548	19.78	2.53	$1,386
Sep 2001	0	556	24.26	2.25	$1,252
Aug 2001	0	471	24.87	3.05	$1,438
Jul 2001	0	519	23.93	3.20	$1,659
Jun 2001	0	595	24.56	3.82	$2,275
May 2001	0	581	25.52	4.31	$2,503
Apr 2001	0	641	24.68	5.34	$3,420
Mar 2001	0	556	24.54	5.38	$2,989
Feb 2001	0	404	27.75	5.77	$2,330
Jan 2001	0	527	27.47	8.40	$4,426
Dec 2000	0	486	26.88	9.12	$4,434
Nov 2000	0	259	32.21	5.66	$1,465
Oct 2000	0	312	31.23	5.15	$1,605
Sep 2000	0	147	31.87	5.19	$762
Aug 2000	0	73	29.64	4.54	$331
Jul 2000	0	406	28.53	4.09	$1,660
Jun 2000	0	407	29.30	4.40	$1,790
May 2000	0	805	27.26	3.68	$2,962
Apr 2000	0	762	24.51	3.12	$2,374
Mar 2000	0	653	28.42	2.86	$1,867
Feb 2000	0	723	27.62	2.73	$1,971
Jan 2000	0	390	25.27	2.48	$967
Dec 1999	0	401	24.28	2.42	$972
Nov 1999	0	995	23.19	2.43	$2,422
Oct 1999	0	3,073	20.98	2.80	$8,616
Sep 1999	0	509	21.75	2.62	$1,333
Aug 1999	0	562	19.26	2.88	$1,616
Jul 1999	0	267	17.89	2.37	$633
Jun 1999	0	234	15.94	2.36	$553
May 1999	0	141	15.79	2.32	$327
Apr 1999	0	152	15.10	2.21	$336
Mar 1999	0	169	12.47	1.84	$311
Feb 1999	0	155	9.98	1.82	$282
Jan 1999	0	130	10.38	1.90	$247
Dec 1998	0	191	9.20	1.77	$339
Nov 1998	0	0	10.89	2.19	$0
Oct 1998	0	280	12.42	1.97	$551
Sep 1998	0	237	12.59	2.08	$494
Aug 1998	0	0	11.30	1.91	$0
Jul 1998	0	379	11.74	2.24	$848
Jun 1998	0	343	11.24	2.24	$767
May 1998	0	206	12.62	2.21	$455
Apr 1998	0	0	13.04	2.51	$0
Mar 1998	0	0	12.80	2.31	$0
Feb 1998	0	0	13.95	2.30	$0
Jan 1998	0	0	14.70	2.15	$0
Dec 1997	0	268	16.32	2.41	$646
Nov 1997	0	324	18.19	3.09	$1,001
Oct 1997	0	218	19.25	3.15	$687
Sep 1997	0	384	17.74	2.95	$1,135
Aug 1997	0	669	17.86	2.55	$1,709
Jul 1997	0	505	17.58	2.25	$1,135
Jun 1997	0	315	17.24	2.26	$711
May 1997	0	584	18.97	2.31	$1,348
Apr 1997	0	578	17.88	2.08	$1,204
Mar 1997	0	722	18.95	1.94	$1,400
Feb 1997	0	451	20.49	2.21	$995
Jan 1997	0	560	23.48	3.54	$1,982
Dec 1996	0	793	23.32	—	$0
Nov 1996	0	1,095	21.97	—	$0
Oct 1996	0	1,282	23.31	—	$0
Sep 1996	0	1,049	22.22	—	$0
Aug 1996	0	1,339	20.26	—	$0
Jul 1996	0	1,521	19.55	—	$0
Jun 1996	0	1,301	18.73	—	$0
May 1996	0	1,274	19.43	—	$0
Apr 1996	0	1,413	21.51	—	$0
Mar 1996	0	1,145	19.38	—	$0
Feb 1996	0	748	16.98	—	$0
Jan 1996	0	1,136	17.07	—	$0
Dec 1995	0	1,418	17.19	—	$0
Nov 1995	0	2,208	16.00	—	$0
Oct 1995	0	2,190	15.43	—	$0
Sep 1995	0	2,052	16.18	—	$0
Aug 1995	0	2,178	15.92	—	$0
Jul 1995	0	2,190	15.24	—	$0
Jun 1995	0	2,384	16.41	—	$0
May 1995	0	2,700	17.56	—	$0
Apr 1995	0	2,489	17.73	—	$0
Mar 1995	0	2,666	16.44	—	$0
Feb 1995	0	2,621	16.58	—	$0
Jan 1995	0	2,906	15.92	—	$0
Dec 1994	0	2,903	15.03	—	$0
Nov 1994	0	3,178	15.90	—	$0
Oct 1994	0	3,839	15.58	—	$0
Sep 1994	0	3,885	15.29	—	$0
Aug 1994	0	4,906	16.13	—	$0
Jul 1994	0	6,890	17.56	—	$0
Jun 1994	0	2,552	17.09	—	$0
May 1994	0	0	15.88	—	$0
Apr 1994	0	0	14.14	—	$0
Mar 1994	0	0	12.46	—	$0
Feb 1994	0	0	12.50	—	$0
Jan 1994	0	0	12.66	—	$0
Dec 1993	0	0	12.33	—	$0
Nov 1993	0	0	14.49	—	$0
Oct 1993	0	0	15.85	—	$0
Sep 1993	0	0	15.03	—	$0
Aug 1993	0	0	15.66	—	$0
Jul 1993	0	0	15.46	—	$0
Jun 1993	0	0	16.79	—	$0
May 1993	0	0	17.68	—	$0
Apr 1993	0	0	18.05	—	$0
Mar 1993	0	0	18.14	—	$0
Feb 1993	0	0	17.90	—	$0
Jan 1993	0	0	16.93	—	$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.

Dec 2011 — as filed, then multipliedworked

Condensate             1 bbl  × $ 96.87 =        $97
Gas                    0 Mcf  × $  3.24 =         $0

────────────────────────────────────────────────────
Month total                                      $97

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/126502 is the state's own key, not one this site invented.