STATE-WALTON

Operated by FORMENTERA OPERATIONS LLC (P-5 276959) 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 128612District 08Field 49038639Hydrogen sulphide fieldGasSaveExport
Value, all time
$815 k
Jan 1993 – Jan 2025
Value, last 12 filed months
$0
at the published price for each month
Months reported
385
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
GasProduction391,169 Mcf$815,374
Total$815,374

190,129 Mcf of this lease's gas, across 47 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 31.9270, -103.1219. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.92695, -103.12191 · 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
3,240 ft
1 wells filed one
Completion to plug
36.5 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 3,240 ft.

Completions filed
Aug 1988
1 of 1 wells
Plug dates filed
Feb 2025
1 of 1 wells

Last completion to plug: a median of 36.5 years across the 1 well that filed both dates, with the middle half between 36.5 years and 36.5 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-49510340713,240 ftAug 1988Feb 2025Yes

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 (385)

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

385 months

Jan 2025074.324.28$0
Dec 2024068.993.12$0
Nov 2024069.052.20$0
Oct 2024071.372.28$0
Sep 2024069.612.36$0
Aug 2024075.632.06$0
Jul 2024079.932.15$0
Jun 2024078.082.63$0
May 2024078.812.20$0
Apr 2024084.451.66$0
Mar 2024080.301.55$0
Feb 2024076.091.78$0
Jan 2024073.023.30$0
Dec 2023071.262.61$0
Nov 2023077.892.81$0
Oct 2023085.443.09$0
Sep 2023089.042.74$0
Aug 2023080.522.67$0
Jul 2023074.852.64$0
Jun 2023068.962.26$0
May 2023070.622.23$0
Apr 2023078.122.24$0
Mar 2023072.852.39$0
Feb 2023275.112.47$5
Jan 20231576.533.39$51
Dec 20225376.415.73$304
Nov 2022085.005.65$0
Oct 2022187.185.86$6
Sep 2022384.888.16$24
Aug 2022394.529.13$27
Jul 20226101.587.54$45
Jun 20225115.097.98$40
May 20226109.378.43$51
Apr 20224104.226.84$27
Mar 20224108.885.08$20
Feb 2022491.054.86$19
Jan 2022481.844.54$18
Dec 2021471.323.90$16
Nov 2021477.435.24$21
Oct 2021479.795.71$23
Sep 2021169.865.35$5
Aug 2021566.024.22$21
Jul 2021470.783.98$16
Jun 2021069.493.38$0
May 202134863.483.02$1,050
Apr 202132760.362.76$902
Mar 202138361.302.72$1,041
Feb 202129857.805.55$1,653
Jan 202141350.412.81$1,161
Dec 202044644.642.68$1,193
Nov 202054638.772.71$1,478
Oct 202014636.972.48$362
Sep 202042637.091.99$848
Aug 202037139.982.39$885
Jul 202049438.371.83$902
Jun 202043234.901.69$730
May 202034116.921.81$619
Apr 202032014.751.80$577
Mar 202031930.341.86$592
Feb 202031349.881.98$620
Jan 202035857.252.09$750
Dec 201934459.012.30$793
Nov 201933655.302.75$924
Oct 2019053.472.42$0
Sep 201925255.052.66$670
Aug 201927853.112.30$641
Jul 201927656.272.46$679
Jun 201944052.782.49$1,096
May 201946858.482.74$1,282
Apr 201948662.632.75$1,337
Mar 201947756.803.06$1,461
Feb 201942550.852.79$1,187
Jan 201950846.033.23$1,640
Dec 201838946.594.19$1,628
Nov 201849052.934.24$2,076
Oct 201841161.443.40$1,397
Sep 201838259.543.11$1,187
Aug 201844359.403.07$1,358
Jul 201847965.142.93$1,404
Jun 201850160.183.08$1,542
May 201849165.382.90$1,424
Apr 201850763.842.90$1,471
Mar 201853961.222.79$1,502
Feb 201840561.782.77$1,120
Jan 201839462.874.01$1,580
Dec 201748857.272.92$1,426
Nov 201749555.423.12$1,544
Oct 201728549.292.98$850
Sep 201737247.523.09$1,148
Aug 201741745.373.00$1,253
Jul 201733343.873.09$1,028
Jun 201713242.493.09$408
May 201721045.373.26$685
Apr 201731747.933.21$1,018
Mar 201716146.772.98$480
Feb 201736950.452.95$1,090
Jan 201748449.413.42$1,655
Dec 201644448.763.72$1,653
Nov 201648042.492.64$1,269
Oct 201657646.193.09$1,780
Sep 201662341.553.10$1,932
Aug 201659241.442.92$1,731
Jul 201662241.622.92$1,819
Jun 201658345.352.69$1,566
May 201656242.521.99$1,119
Apr 201653836.561.99$1,071
Mar 201652833.011.79$947
Feb 201636026.472.06$743
Jan 201647727.352.36$1,128
Dec 201547532.362.00$951
Nov 201546438.792.17$1,006
Oct 201553743.552.43$1,303
Sep 201554542.992.76$1,503
Aug 2015040.162.87$0
Jul 201529248.152.95$860
Jun 201540556.152.88$1,168
May 201542155.212.96$1,244
Apr 201560249.822.71$1,629
Mar 201560942.892.93$1,787
Feb 201558544.662.98$1,741
Jan 201559543.433.10$1,845
Dec 201453654.693.59$1,925
Nov 201462370.464.25$2,649
Oct 201466078.303.90$2,575
Sep 201446686.164.05$1,885
Aug 201475589.394.04$3,047
Jul 201466896.564.18$2,792
Jun 201464098.164.74$3,032
May 201463694.734.73$3,006
Apr 201458695.944.81$2,818
Mar 201462595.895.06$3,161
Feb 201440897.406.19$2,526
Jan 2014090.404.86$0
Dec 2013091.824.35$0
Nov 2013088.853.74$0
Oct 201329697.423.78$1,119
Sep 2013611104.113.72$2,272
Aug 2013817104.253.52$2,878
Jul 2013680102.523.72$2,528
Jun 201376394.403.93$3,001
May 201378094.834.15$3,236
Apr 201369193.964.28$2,959
Mar 201373193.623.91$2,860
Feb 201360991.233.42$2,083
Jan 201364891.603.42$2,216
Dec 201243486.773.42$1,484
Nov 201233886.953.62$1,225
Oct 201218489.383.40$626
Sep 201247994.672.92$1,398
Aug 201251092.662.91$1,483
Jul 201233485.133.02$1,009
Jun 20125179.822.52$128
May 20123091.612.49$75
Apr 2012512101.652.00$1,022
Mar 2012488105.052.22$1,084
Feb 2012448101.102.57$1,151
Jan 201251398.092.73$1,403
Dec 201137396.873.24$1,208
Nov 201136795.723.31$1,215
Oct 201142584.983.65$1,551
Sep 201129283.623.99$1,164
Aug 2011083.404.15$0
Jul 201121294.144.52$958
Jun 201148592.904.64$2,250
May 201173198.134.40$3,220
Apr 2011649105.964.33$2,812
Mar 201148096.364.06$1,948
Feb 201119685.644.18$819
Jan 201149186.504.59$2,253
Dec 201069785.734.35$3,030
Nov 201057180.843.80$2,167
Oct 201070178.103.51$2,460
Sep 201070472.633.98$2,802
Aug 201055973.684.42$2,470
Jul 201049672.554.74$2,349
Jun 201043570.364.91$2,136
May 201052771.124.24$2,232
Apr 201064181.694.12$2,643
Mar 201067078.394.39$2,940
Feb 201067973.585.44$3,695
Jan 201080574.365.96$4,801
Dec 200976771.445.48$4,206
Nov 200977374.593.75$2,900
Oct 200969472.544.11$2,853
Sep 2009065.543.06$0
Aug 2009067.423.22$0
Jul 200931661.133.46$1,095
Jun 200957366.163.90$2,232
May 200957754.743.93$2,265
Apr 200946746.773.59$1,675
Mar 200950942.144.06$2,066
Feb 200953032.814.63$2,455
Jan 200963435.865.37$3,405
Dec 200862337.105.98$3,724
Nov 200852755.496.86$3,615
Oct 200847375.246.92$3,274
Sep 2008253101.767.88$1,993
Aug 2008513114.228.48$4,352
Jul 2008635131.0811.39$7,232
Jun 2008596131.3313.03$7,767
May 2008579123.1711.57$6,702
Apr 2008515110.3110.45$5,384
Mar 2008658101.909.66$6,359
Feb 200848892.538.77$4,280
Jan 200854390.388.21$4,456
Dec 200749688.337.30$3,622
Nov 200724591.677.29$1,786
Oct 200747682.856.92$3,295
Sep 200757975.846.24$3,615
Aug 200744169.066.39$2,817
Jul 200749770.906.39$3,175
Jun 200740362.007.55$3,042
May 200749458.747.85$3,876
Apr 200742859.617.81$3,341
Mar 200748456.927.30$3,534
Feb 200744255.108.22$3,631
Jan 200757350.306.73$3,854
Dec 200639056.656.92$2,698
Nov 200667254.207.62$5,119
Oct 200654154.906.01$3,253
Sep 200645960.085.04$2,312
Aug 200658068.717.34$4,257
Jul 200655269.376.34$3,501
Jun 200642166.286.38$2,688
May 200665066.016.42$4,176
Apr 200666064.397.36$4,858
Mar 200669556.707.08$4,923
Feb 200661557.597.75$4,767
Jan 200667260.598.93$6,003
Dec 200571754.9413.42$9,619
Nov 200584854.6910.59$8,979
Oct 200577858.3413.80$10,733
Sep 200551161.4512.08$6,172
Aug 200556861.519.80$5,565
Jul 200575655.697.84$5,930
Jun 200566652.337.38$4,916
May 200559345.226.65$3,944
Apr 200516049.207.36$1,178
Mar 200581450.377.15$5,824
Feb 200531745.226.31$2,001
Jan 200542143.166.32$2,662
Dec 200466239.866.75$4,469
Nov 200474845.286.33$4,735
Oct 200481749.706.52$5,323
Sep 200485843.245.28$4,534
Aug 200485242.375.55$4,729
Jul 200490838.286.08$5,524
Jun 200485136.106.43$5,475
May 200473137.486.49$4,748
Apr 200483034.475.86$4,863
Mar 20041,05034.365.53$5,807
Feb 20041,04832.455.51$5,774
Jan 20041,08432.036.30$6,829
Dec 20031,16430.266.30$7,335
Nov 20031,21828.804.60$5,597
Oct 20031,20828.174.76$5,750
Sep 20031,15726.314.75$5,495
Aug 20031,48529.765.13$7,618
Jul 20031,29129.415.17$6,676
Jun 200391228.565.98$5,456
May 200360226.595.97$3,596
Apr 200315826.675.41$854
Mar 200322431.146.10$1,366
Feb 200344033.487.93$3,487
Jan 20031,01630.315.58$5,671
Dec 200271726.914.85$3,480
Nov 200272324.664.14$2,991
Oct 20021,05326.464.23$4,453
Sep 20021,35927.443.64$4,940
Aug 20021,40525.963.16$4,446
Jul 200269124.583.06$2,116
Jun 200270923.733.34$2,367
May 20021,01924.663.58$3,652
Apr 20021,35323.653.51$4,752
Mar 20021,62122.003.10$5,030
Feb 20021,12418.222.38$2,670
Jan 200236717.172.38$872
Dec 200150016.932.36$1,182
Nov 200195218.072.41$2,290
Oct 20011,32019.782.53$3,338
Sep 20011,06524.262.25$2,398
Aug 200175724.873.05$2,311
Jul 200189623.933.20$2,865
Jun 200187524.563.82$3,346
May 200195025.524.31$4,092
Apr 200197224.685.34$5,186
Mar 20011,30924.545.38$7,038
Feb 200183327.755.77$4,804
Jan 200189827.478.40$7,542
Dec 200060026.889.12$5,474
Nov 20009032.215.66$509
Oct 200012831.235.15$659
Sep 2000031.875.19$0
Aug 2000829.644.54$36
Jul 200041528.534.09$1,697
Jun 200046329.304.40$2,036
May 200096827.263.68$3,562
Apr 20001,17124.513.12$3,649
Mar 20001,00228.422.86$2,865
Feb 200084427.622.73$2,301
Jan 200045625.272.48$1,131
Dec 199944324.282.42$1,074
Nov 19991,16123.192.43$2,826
Oct 19991,29120.982.80$3,620
Sep 19991,23521.752.62$3,234
Aug 19991,47519.262.88$4,242
Jul 19991,47317.892.37$3,495
Jun 19991,26915.942.36$2,998
May 1999015.792.32$0
Apr 19991,70715.102.21$3,769
Mar 19991,65012.471.84$3,033
Feb 19991,5459.981.82$2,808
Jan 19991,47310.381.90$2,799
Dec 19981,9579.201.77$3,470
Nov 19981,84910.892.19$4,041
Oct 19981,86912.421.97$3,680
Sep 19981,72712.592.08$3,597
Aug 19981,75211.301.91$3,342
Jul 19981,68511.742.24$3,770
Jun 19981,54711.242.24$3,461
May 19981,77212.622.21$3,910
Apr 19982,44113.042.51$6,116
Mar 19981,41012.802.31$3,256
Feb 19981,67313.952.30$3,846
Jan 199874114.702.15$1,597
Dec 19971,36216.322.41$3,284
Nov 19971,33418.193.09$4,120
Oct 19971,80219.253.15$5,676
Sep 19971,95617.742.95$5,780
Aug 19972,21817.862.55$5,666
Jul 19971,91417.582.25$4,301
Jun 19971,46017.242.26$3,296
May 19971,99718.972.31$4,610
Apr 19972,12317.882.08$4,422
Mar 19972,15318.951.94$4,175
Feb 19971,32320.492.21$2,918
Jan 19971,62123.483.54$5,738
Dec 19962,30923.32$0
Nov 19962,88321.97$0
Oct 19963,07923.31$0
Sep 19962,44622.22$0
Aug 19961,21220.26$0
Jul 19961,10319.55$0
Jun 19961,95118.73$0
May 19961,99119.43$0
Apr 19963,04921.51$0
Mar 19962,43819.38$0
Feb 19962,09016.98$0
Jan 19962,19417.07$0
Dec 19951,99117.19$0
Nov 19952,76716.00$0
Oct 19952,42715.43$0
Sep 19952,69116.18$0
Aug 19951,31915.92$0
Jul 1995015.24$0
Jun 199584616.41$0
May 19953,02417.56$0
Apr 19952,78917.73$0
Mar 19953,08216.44$0
Feb 19952,80616.58$0
Jan 19955,36315.92$0
Dec 19943,79415.03$0
Nov 19944,22215.90$0
Oct 19944,77215.58$0
Sep 19944,58015.29$0
Aug 19945,32416.13$0
Jul 19945,99617.56$0
Jun 19945,76017.09$0
May 19946,35215.88$0
Apr 19945,77014.14$0
Mar 19943,63112.46$0
Feb 19945,46512.50$0
Jan 19945,67812.66$0
Dec 19935,59912.33$0
Nov 19934,90114.49$0
Oct 19934,73815.85$0
Sep 19934,57815.03$0
Aug 19935,04015.66$0
Jul 19933,92115.46$0
Jun 19936,53116.79$0
May 19937,30017.68$0
Apr 19937,37018.05$0
Mar 19937,86018.14$0
Feb 19937,18717.90$0
Jan 19937,91016.93$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 2023 — as filed, then multipliedworked
Gas                    2 Mcf  × $  2.47 =         $5

────────────────────────────────────────────────────
Month total                                       $5

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/128612 is the state's own key, not one this site invented.