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WALTON, J. B. "A"

Operated by TEAM OPERATING, L.L.C. (P-5 840878) 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 128668District 08Field 49038639Hydrogen sulphide fieldCondensateGasSaveExport
Value, all time
$328 k
Jan 1993 – May 2026
Value, last 12 filed months
$0
at the published price for each month
Months reported
401
no gaps in the span
Streams
2
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”

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
CondensateDisposition8 bbl$359
GasProduction146,755 Mcf$327,800
Total$328,159

67,711 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 31.8173, -103.1099. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.81734, -103.10993 · 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
0.0%
0 of 1 wells
With a plug date
0.0%
0 of 1 wells
Median depth
3,050 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
00.0%
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.
1100.0%

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 3,050 ft.

Completions filed
Sep 1988
1 of 1 wells

1 well

42-4950239013,050 ftSep 1988——

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 (401)

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

401 months

May 202600106.413.05$0
Apr 20260098.932.87$0
Mar 20260089.753.15$0
Feb 20260063.503.75$0
Jan 20260059.138.00$0
Dec 20250056.664.41$0
Nov 20250058.593.93$0
Oct 20250059.383.30$0
Sep 20250062.743.08$0
Aug 20250063.933.01$0
Jul 20250066.743.32$0
Jun 20250066.483.13$0
May 20250060.553.23$0
Apr 20250062.363.54$0
Mar 20250067.704.27$0
Feb 20250070.884.34$0
Jan 20250074.324.28$0
Dec 20240068.993.12$0
Nov 20240069.052.20$0
Oct 20240071.372.28$0
Sep 20240069.612.36$0
Aug 20240075.632.06$0
Jul 20240079.932.15$0
Jun 20240078.082.63$0
May 20240078.812.20$0
Apr 20240084.451.66$0
Mar 20240080.301.55$0
Feb 20240076.091.78$0
Jan 20240073.023.30$0
Dec 20230071.262.61$0
Nov 20230077.892.81$0
Oct 20230085.443.09$0
Sep 20230089.042.74$0
Aug 20230080.522.67$0
Jul 20230074.852.64$0
Jun 20230068.962.26$0
May 20230070.622.23$0
Apr 20230078.122.24$0
Mar 20230072.852.39$0
Feb 20230075.112.47$0
Jan 20230076.533.39$0
Dec 20220076.415.73$0
Nov 20220085.005.65$0
Oct 20220087.185.86$0
Sep 20220084.888.16$0
Aug 20220094.529.13$0
Jul 202200101.587.54$0
Jun 202200115.097.98$0
May 202200109.378.43$0
Apr 202200104.226.84$0
Mar 202200108.885.08$0
Feb 20220091.054.86$0
Jan 20220081.844.54$0
Dec 20210071.323.90$0
Nov 20210077.435.24$0
Oct 20210079.795.71$0
Sep 20210069.865.35$0
Aug 20210066.024.22$0
Jul 20210070.783.98$0
Jun 20210069.493.38$0
May 20210063.483.02$0
Apr 20210060.362.76$0
Mar 20210061.302.72$0
Feb 20210057.805.55$0
Jan 20210050.412.81$0
Dec 20200044.642.68$0
Nov 20200038.772.71$0
Oct 20200036.972.48$0
Sep 20200037.091.99$0
Aug 20200039.982.39$0
Jul 20200038.371.83$0
Jun 20200034.901.69$0
May 20200016.921.81$0
Apr 20200014.751.80$0
Mar 20200030.341.86$0
Feb 20200049.881.98$0
Jan 20200057.252.09$0
Dec 20190059.012.30$0
Nov 20190055.302.75$0
Oct 20190053.472.42$0
Sep 20190055.052.66$0
Aug 20190053.112.30$0
Jul 20190056.272.46$0
Jun 20190052.782.49$0
May 20190058.482.74$0
Apr 20190062.632.75$0
Mar 20190056.803.06$0
Feb 20190050.852.79$0
Jan 20190046.033.23$0
Dec 20180046.594.19$0
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 20160026.472.06$0
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 201501948.152.95$56
Jun 201506156.152.88$176
May 2015021055.212.96$621
Apr 2015014849.822.71$401
Mar 2015013142.892.93$384
Feb 2015020844.662.98$619
Jan 2015011543.433.10$357
Dec 2014018354.693.59$657
Nov 2014018970.464.25$804
Oct 2014022778.303.90$886
Sep 2014019486.164.05$785
Aug 2014024889.394.04$1,001
Jul 2014026996.564.18$1,124
Jun 2014023298.164.74$1,099
May 2014026094.734.73$1,229
Apr 2014022095.944.81$1,058
Mar 2014030795.895.06$1,552
Feb 201403097.406.19$186
Jan 201402490.404.86$117
Dec 2013013791.824.35$597
Nov 2013014188.853.74$527
Oct 2013010897.423.78$408
Sep 20130255104.113.72$948
Aug 20130238104.253.52$838
Jul 20130262102.523.72$974
Jun 2013025094.403.93$983
May 2013029494.834.15$1,220
Apr 2013026493.964.28$1,131
Mar 2013028193.623.91$1,100
Feb 2013016391.233.42$557
Jan 2013022191.603.42$756
Dec 2012020686.773.42$705
Nov 2012027386.953.62$990
Oct 2012029889.383.40$1,013
Sep 2012028394.672.92$826
Aug 2012021892.662.91$634
Jul 2012028885.133.02$870
Jun 2012024979.822.52$627
May 2012023991.612.49$595
Apr 20120192101.652.00$383
Mar 20120185105.052.22$411
Feb 20120148101.102.57$380
Jan 2012024798.092.73$675
Dec 2011022096.873.24$713
Nov 2011027895.723.31$921
Oct 2011026784.983.65$974
Sep 2011019483.623.99$773
Aug 2011013383.404.15$552
Jul 2011014294.144.52$641
Jun 2011014292.904.64$659
May 2011015298.134.40$670
Apr 20110129105.964.33$559
Mar 2011017296.364.06$698
Feb 2011012185.644.18$506
Jan 2011012486.504.59$569
Dec 2010012485.734.35$539
Nov 2010013780.843.80$520
Oct 2010013578.103.51$474
Sep 2010013872.633.98$549
Aug 2010020373.684.42$897
Jul 2010128472.554.74$1,418
Jun 2010028870.364.91$1,414
May 2010028771.124.24$1,216
Apr 2010030181.694.12$1,241
Mar 2010029078.394.39$1,273
Feb 2010021773.585.44$1,181
Jan 2010020674.365.96$1,229
Dec 2009016171.445.48$883
Nov 2009028274.593.75$1,058
Oct 2009026472.544.11$1,085
Sep 2009135565.543.06$1,154
Aug 200908267.423.22$264
Jul 2009022661.133.46$783
Jun 2009032366.163.90$1,258
May 2009035754.743.93$1,401
Apr 2009029046.773.59$1,040
Mar 2009030942.144.06$1,254
Feb 2009024932.814.63$1,154
Jan 2009030135.865.37$1,617
Dec 2008024737.105.98$1,476
Nov 2008228855.496.86$2,087
Oct 2008028975.246.92$2,000
Sep 20080135101.767.88$1,063
Aug 20080345114.228.48$2,927
Jul 20080331131.0811.39$3,770
Jun 20080116131.3313.03$1,512
May 20080119123.1711.57$1,377
Apr 20080161110.3110.45$1,683
Mar 20080141101.909.66$1,363
Feb 2008019392.538.77$1,693
Jan 2008014590.388.21$1,190
Dec 2007013388.337.30$971
Nov 2007014991.677.29$1,086
Oct 2007022682.856.92$1,564
Sep 2007012375.846.24$768
Aug 2007019269.066.39$1,226
Jul 2007013670.906.39$869
Jun 2007017562.007.55$1,321
May 2007018958.747.85$1,483
Apr 2007028159.617.81$2,193
Mar 2007030856.927.30$2,249
Feb 2007024555.108.22$2,013
Jan 2007029750.306.73$1,998
Dec 2006024756.656.92$1,709
Nov 2006034454.207.62$2,620
Oct 2006033154.906.01$1,991
Sep 2006034960.085.04$1,758
Aug 2006026868.717.34$1,967
Jul 2006034169.376.34$2,163
Jun 2006028666.286.38$1,826
May 2006034566.016.42$2,217
Apr 2006027464.397.36$2,017
Mar 2006030756.707.08$2,174
Feb 2006023057.597.75$1,783
Jan 2006029160.598.93$2,600
Dec 2005028254.9413.42$3,783
Nov 2005028154.6910.59$2,975
Oct 2005035858.3413.80$4,939
Sep 2005036461.4512.08$4,397
Aug 2005027061.519.80$2,645
Jul 2005032155.697.84$2,518
Jun 2005022852.337.38$1,683
May 2005016345.226.65$1,084
Apr 2005028349.207.36$2,083
Mar 2005025650.377.15$1,832
Feb 2005023445.226.31$1,477
Jan 2005022243.166.32$1,404
Dec 2004017539.866.75$1,181
Nov 2004037045.286.33$2,342
Oct 2004025049.706.52$1,629
Sep 2004028743.245.28$1,516
Aug 2004046142.375.55$2,559
Jul 2004040438.286.08$2,458
Jun 2004142036.106.43$2,738
May 2004040337.486.49$2,617
Apr 2004042034.475.86$2,461
Mar 2004048534.365.53$2,682
Feb 2004033132.455.51$1,824
Jan 2004040932.036.30$2,577
Dec 2003018730.266.30$1,178
Nov 2003028628.804.60$1,314
Oct 2003024028.174.76$1,142
Sep 2003019526.314.75$926
Aug 2003022029.765.13$1,129
Jul 2003018329.415.17$946
Jun 2003017928.565.98$1,071
May 2003026126.595.97$1,559
Apr 2003024626.675.41$1,330
Mar 2003027531.146.10$1,676
Feb 2003023833.487.93$1,886
Jan 2003025030.315.58$1,396
Dec 2002014826.914.85$718
Nov 2002325824.664.14$1,141
Oct 2002026326.464.23$1,112
Sep 2002030727.443.64$1,116
Aug 2002040125.963.16$1,269
Jul 2002041624.583.06$1,274
Jun 2002043323.733.34$1,445
May 2002046624.663.58$1,670
Apr 2002031723.653.51$1,113
Mar 2002017522.003.10$543
Feb 2002029718.222.38$706
Jan 2002031917.172.38$758
Dec 2001024316.932.36$575
Nov 2001034418.072.41$828
Oct 2001035019.782.53$885
Sep 2001058724.262.25$1,322
Aug 2001055224.873.05$1,685
Jul 2001046323.933.20$1,480
Jun 2001036424.563.82$1,392
May 2001047325.524.31$2,037
Apr 2001031924.685.34$1,702
Mar 2001047124.545.38$2,532
Feb 2001035327.755.77$2,036
Jan 2001045027.478.40$3,779
Dec 2000038826.889.12$3,540
Nov 2000047032.215.66$2,659
Oct 2000046231.235.15$2,377
Sep 2000052131.875.19$2,702
Aug 2000055729.644.54$2,529
Jul 2000055228.534.09$2,258
Jun 2000057529.304.40$2,528
May 2000067027.263.68$2,465
Apr 2000055924.513.12$1,742
Mar 2000071328.422.86$2,039
Feb 2000045727.622.73$1,246
Jan 2000069525.272.48$1,724
Dec 1999060224.282.42$1,459
Nov 1999058523.192.43$1,424
Oct 1999055920.982.80$1,567
Sep 1999058421.752.62$1,529
Aug 1999052219.262.88$1,501
Jul 1999068617.892.37$1,627
Jun 199901,47515.942.36$3,484
May 199901,45415.792.32$3,375
Apr 199902,15315.102.21$4,754
Mar 199901,85012.471.84$3,401
Feb 199904699.981.82$853
Jan 1999059010.381.90$1,121
Dec 199806319.201.77$1,119
Nov 1998067510.892.19$1,475
Oct 1998077112.421.97$1,518
Sep 1998057512.592.08$1,198
Aug 1998074511.301.91$1,421
Jul 1998060911.742.24$1,363
Jun 1998070811.242.24$1,584
May 1998086212.622.21$1,902
Apr 1998022313.042.51$559
Mar 1998012712.802.31$293
Feb 1998081913.952.30$1,883
Jan 1998081414.702.15$1,754
Dec 1997088616.322.41$2,136
Nov 1997076518.193.09$2,363
Oct 1997086819.253.15$2,734
Sep 1997073817.742.95$2,181
Aug 1997039217.862.55$1,001
Jul 1997067817.582.25$1,523
Jun 1997070017.242.26$1,580
May 1997089918.972.31$2,075
Apr 1997072617.882.08$1,512
Mar 1997082718.951.94$1,604
Feb 1997069620.492.21$1,535
Jan 1997078123.483.54$2,765
Dec 1996078523.32—$0
Nov 1996083321.97—$0
Oct 1996091323.31—$0
Sep 1996089922.22—$0
Aug 1996073120.26—$0
Jul 1996084119.55—$0
Jun 1996083418.73—$0
May 199601,10519.43—$0
Apr 199601,22721.51—$0
Mar 199601,25619.38—$0
Feb 1996096616.98—$0
Jan 199601,30717.07—$0
Dec 199501,28317.19—$0
Nov 199501,33616.00—$0
Oct 199501,44815.43—$0
Sep 199501,49316.18—$0
Aug 199501,50215.92—$0
Jul 199501,47515.24—$0
Jun 199501,46516.41—$0
May 199501,44117.56—$0
Apr 199501,40517.73—$0
Mar 199501,39816.44—$0
Feb 199501,38516.58—$0
Jan 199501,62515.92—$0
Dec 199401,66715.03—$0
Nov 199401,54615.90—$0
Oct 199401,59815.58—$0
Sep 199401,41915.29—$0
Aug 199401,50416.13—$0
Jul 199401,65217.56—$0
Jun 199401,73717.09—$0
May 199401,71915.88—$0
Apr 199401,67814.14—$0
Mar 199401,67612.46—$0
Feb 199401,64612.50—$0
Jan 199401,64112.66—$0
Dec 199301,65912.33—$0
Nov 199301,62014.49—$0
Oct 199301,26315.85—$0
Sep 199301,55315.03—$0
Aug 199301,62515.66—$0
Jul 199301,57915.46—$0
Jun 199301,53516.79—$0
May 199301,64617.68—$0
Apr 199301,67718.05—$0
Mar 199301,85218.14—$0
Feb 199301,67217.90—$0
Jan 199301,59416.93—$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.

Jul 2015 — as filed, then multipliedworked
Condensate             0 bbl  × $ 48.15 =         $0
Gas                   19 Mcf  × $  2.95 =        $56

────────────────────────────────────────────────────
Month total                                      $56

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/128668 is the state's own key, not one this site invented.