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 128949District 08Field 49038639Hydrogen sulphide fieldNGPA filingGasSave Export

Value, all time

$223 k

Jan 1993 – Jul 2007

Value, last 12 filed months

$2 k

at the published price for each month

Months reported

175

no gaps in the span

Streams

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
Gas	Production	321,574 Mcf	$222,871
Total			$222,871

249,415 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 31.9418, -103.1241. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.94184, -103.12412 · 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

0.0%

0 of 1 wells

Median depth

3,380 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

1100.0%

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.

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 3,380 ft.

Completions filed

Aug 2007

1 of 1 wells

1 well


42-49532215	334	3,380 ft	Aug 2007	—	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 (175)

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

175 months


Jul 2007	0	70.90	6.39	$0
Jun 2007	0	62.00	7.55	$0
May 2007	0	58.74	7.85	$0
Apr 2007	43	59.61	7.81	$336
Mar 2007	38	56.92	7.30	$277
Feb 2007	20	55.10	8.22	$164
Jan 2007	39	50.30	6.73	$262
Dec 2006	30	56.65	6.92	$208
Nov 2006	51	54.20	7.62	$388
Oct 2006	33	54.90	6.01	$198
Sep 2006	42	60.08	5.04	$212
Aug 2006	58	68.71	7.34	$426
Jul 2006	114	69.37	6.34	$723
Jun 2006	87	66.28	6.38	$555
May 2006	116	66.01	6.42	$745
Apr 2006	123	64.39	7.36	$905
Mar 2006	170	56.70	7.08	$1,204
Feb 2006	150	57.59	7.75	$1,163
Jan 2006	161	60.59	8.93	$1,438
Dec 2005	141	54.94	13.42	$1,892
Nov 2005	159	54.69	10.59	$1,684
Oct 2005	164	58.34	13.80	$2,263
Sep 2005	167	61.45	12.08	$2,017
Aug 2005	202	61.51	9.80	$1,979
Jul 2005	182	55.69	7.84	$1,428
Jun 2005	169	52.33	7.38	$1,247
May 2005	195	45.22	6.65	$1,297
Apr 2005	205	49.20	7.36	$1,509
Mar 2005	134	50.37	7.15	$959
Feb 2005	83	45.22	6.31	$524
Jan 2005	93	43.16	6.32	$588
Dec 2004	97	39.86	6.75	$655
Nov 2004	98	45.28	6.33	$620
Oct 2004	88	49.70	6.52	$573
Sep 2004	116	43.24	5.28	$613
Aug 2004	93	42.37	5.55	$516
Jul 2004	138	38.28	6.08	$840
Jun 2004	143	36.10	6.43	$920
May 2004	114	37.48	6.49	$740
Apr 2004	120	34.47	5.86	$703
Mar 2004	200	34.36	5.53	$1,106
Feb 2004	199	32.45	5.51	$1,096
Jan 2004	206	32.03	6.30	$1,298
Dec 2003	166	30.26	6.30	$1,046
Nov 2003	200	28.80	4.60	$919
Oct 2003	188	28.17	4.76	$895
Sep 2003	169	26.31	4.75	$803
Aug 2003	204	29.76	5.13	$1,046
Jul 2003	216	29.41	5.17	$1,117
Jun 2003	145	28.56	5.98	$868
May 2003	191	26.59	5.97	$1,141
Apr 2003	130	26.67	5.41	$703
Mar 2003	175	31.14	6.10	$1,067
Feb 2003	160	33.48	7.93	$1,268
Jan 2003	167	30.31	5.58	$932
Dec 2002	177	26.91	4.85	$859
Nov 2002	204	24.66	4.14	$844
Oct 2002	174	26.46	4.23	$736
Sep 2002	224	27.44	3.64	$814
Aug 2002	238	25.96	3.16	$753
Jul 2002	305	24.58	3.06	$934
Jun 2002	370	23.73	3.34	$1,235
May 2002	182	24.66	3.58	$652
Apr 2002	242	23.65	3.51	$850
Mar 2002	239	22.00	3.10	$742
Feb 2002	189	18.22	2.38	$449
Jan 2002	194	17.17	2.38	$461
Dec 2001	241	16.93	2.36	$570
Nov 2001	233	18.07	2.41	$560
Oct 2001	262	19.78	2.53	$663
Sep 2001	311	24.26	2.25	$700
Aug 2001	944	24.87	3.05	$2,882
Jul 2001	309	23.93	3.20	$988
Jun 2001	313	24.56	3.82	$1,197
May 2001	346	25.52	4.31	$1,490
Apr 2001	372	24.68	5.34	$1,985
Mar 2001	341	24.54	5.38	$1,833
Feb 2001	304	27.75	5.77	$1,753
Jan 2001	365	27.47	8.40	$3,066
Dec 2000	308	26.88	9.12	$2,810
Nov 2000	272	32.21	5.66	$1,539
Oct 2000	449	31.23	5.15	$2,310
Sep 2000	0	31.87	5.19	$0
Aug 2000	364	29.64	4.54	$1,653
Jul 2000	368	28.53	4.09	$1,505
Jun 2000	613	29.30	4.40	$2,696
May 2000	750	27.26	3.68	$2,760
Apr 2000	981	24.51	3.12	$3,057
Mar 2000	839	28.42	2.86	$2,399
Feb 2000	1,085	27.62	2.73	$2,958
Jan 2000	586	25.27	2.48	$1,454
Dec 1999	590	24.28	2.42	$1,430
Nov 1999	1,521	23.19	2.43	$3,702
Oct 1999	1,690	20.98	2.80	$4,738
Sep 1999	370	21.75	2.62	$969
Aug 1999	480	19.26	2.88	$1,380
Jul 1999	571	17.89	2.37	$1,355
Jun 1999	549	15.94	2.36	$1,297
May 1999	572	15.79	2.32	$1,328
Apr 1999	489	15.10	2.21	$1,080
Mar 1999	251	12.47	1.84	$461
Feb 1999	227	9.98	1.82	$413
Jan 1999	367	10.38	1.90	$697
Dec 1998	220	9.20	1.77	$390
Nov 1998	266	10.89	2.19	$581
Oct 1998	510	12.42	1.97	$1,004
Sep 1998	841	12.59	2.08	$1,751
Aug 1998	983	11.30	1.91	$1,875
Jul 1998	1,057	11.74	2.24	$2,365
Jun 1998	1,035	11.24	2.24	$2,316
May 1998	1,093	12.62	2.21	$2,412
Apr 1998	984	13.04	2.51	$2,465
Mar 1998	1,125	12.80	2.31	$2,598
Feb 1998	1,240	13.95	2.30	$2,851
Jan 1998	716	14.70	2.15	$1,543
Dec 1997	1,377	16.32	2.41	$3,320
Nov 1997	1,288	18.19	3.09	$3,978
Oct 1997	1,556	19.25	3.15	$4,901
Sep 1997	1,606	17.74	2.95	$4,746
Aug 1997	1,887	17.86	2.55	$4,821
Jul 1997	2,237	17.58	2.25	$5,026
Jun 1997	5,267	17.24	2.26	$11,889
May 1997	3,567	18.97	2.31	$8,234
Apr 1997	3,905	17.88	2.08	$8,133
Mar 1997	2,693	18.95	1.94	$5,222
Feb 1997	6,386	20.49	2.21	$14,087
Jan 1997	2,057	23.48	3.54	$7,281
Dec 1996	2,632	23.32	—	$0
Nov 1996	2,601	21.97	—	$0
Oct 1996	2,034	23.31	—	$0
Sep 1996	3,294	22.22	—	$0
Aug 1996	3,957	20.26	—	$0
Jul 1996	4,909	19.55	—	$0
Jun 1996	6,508	18.73	—	$0
May 1996	5,124	19.43	—	$0
Apr 1996	6,051	21.51	—	$0
Mar 1996	8,399	19.38	—	$0
Feb 1996	4,272	16.98	—	$0
Jan 1996	4,520	17.07	—	$0
Dec 1995	3,902	17.19	—	$0
Nov 1995	6,960	16.00	—	$0
Oct 1995	7,478	15.43	—	$0
Sep 1995	7,969	16.18	—	$0
Aug 1995	8,935	15.92	—	$0
Jul 1995	10,380	15.24	—	$0
Jun 1995	10,016	16.41	—	$0
May 1995	13,949	17.56	—	$0
Apr 1995	12,863	17.73	—	$0
Mar 1995	14,322	16.44	—	$0
Feb 1995	12,173	16.58	—	$0
Jan 1995	13,429	15.92	—	$0
Dec 1994	14,138	15.03	—	$0
Nov 1994	13,763	15.90	—	$0
Oct 1994	14,413	15.58	—	$0
Sep 1994	12,123	15.29	—	$0
Aug 1994	4,446	16.13	—	$0
Jul 1994	343	17.56	—	$0
Jun 1994	394	17.09	—	$0
May 1994	451	15.88	—	$0
Apr 1994	690	14.14	—	$0
Mar 1994	475	12.46	—	$0
Feb 1994	362	12.50	—	$0
Jan 1994	412	12.66	—	$0
Dec 1993	459	12.33	—	$0
Nov 1993	496	14.49	—	$0
Oct 1993	415	15.85	—	$0
Sep 1993	443	15.03	—	$0
Aug 1993	471	15.66	—	$0
Jul 1993	697	15.46	—	$0
Jun 1993	924	16.79	—	$0
May 1993	1,086	17.68	—	$0
Apr 1993	1,441	18.05	—	$0
Mar 1993	1,690	18.14	—	$0
Feb 1993	1,264	17.90	—	$0
Jan 1993	1,342	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.

Apr 2007 — as filed, then multipliedworked

Gas                   43 Mcf  × $  7.81 =       $336

────────────────────────────────────────────────────
Month total                                     $336

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/128949 is the state's own key, not one this site invented.