WALTON, J. B.

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 129967District 08Field 49038639Hydrogen sulphide fieldNGPA filingGasSaveExport
Value, all time
$349 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
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

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.

ProgrammeFilingsWith an approval dateDatedDocket
NGPA1none

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.

StreamBasisVolumeValue
GasProduction152,598 Mcf$349,058
Total$349,058

58,786 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 31.9397, -103.1315. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.93971, -103.13148 · 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
2,832 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 2,832 ft.

Completions filed
Jan 1989
1 of 1 wells

1 well

42-495322263372,832 ftJan 1989

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 20260106.413.05$0
Apr 2026098.932.87$0
Mar 2026089.753.15$0
Feb 2026063.503.75$0
Jan 2026059.138.00$0
Dec 2025056.664.41$0
Nov 2025058.593.93$0
Oct 2025059.383.30$0
Sep 2025062.743.08$0
Aug 2025063.933.01$0
Jul 2025066.743.32$0
Jun 2025066.483.13$0
May 2025060.553.23$0
Apr 2025062.363.54$0
Mar 2025067.704.27$0
Feb 2025070.884.34$0
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 2023075.112.47$0
Jan 2023076.533.39$0
Dec 2022076.415.73$0
Nov 2022085.005.65$0
Oct 2022087.185.86$0
Sep 2022084.888.16$0
Aug 2022094.529.13$0
Jul 20220101.587.54$0
Jun 20220115.097.98$0
May 20221109.378.43$8
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 20216363.483.02$190
Apr 20215960.362.76$163
Mar 20216961.302.72$187
Feb 20215457.805.55$300
Jan 20217550.412.81$211
Dec 20208144.642.68$217
Nov 20209938.772.71$268
Oct 20202636.972.48$64
Sep 20207737.091.99$153
Aug 20206739.982.39$160
Jul 20208938.371.83$162
Jun 20207834.901.69$132
May 20206216.921.81$113
Apr 20205814.751.80$105
Mar 20205830.341.86$108
Feb 20205749.881.98$113
Jan 20206557.252.09$136
Dec 20196259.012.30$143
Nov 20196155.302.75$168
Oct 2019053.472.42$0
Sep 20194655.052.66$122
Aug 20195053.112.30$115
Jul 20195056.272.46$123
Jun 20198052.782.49$199
May 20198558.482.74$233
Apr 20198862.632.75$242
Mar 20198656.803.06$263
Feb 20197750.852.79$215
Jan 20199246.033.23$297
Dec 20187046.594.19$293
Nov 20188952.934.24$377
Oct 20187461.443.40$251
Sep 20186959.543.11$214
Aug 20188059.403.07$245
Jul 20188765.142.93$255
Jun 20189160.183.08$280
May 20188965.382.90$258
Apr 20189263.842.90$267
Mar 20189861.222.79$273
Feb 20187361.782.77$202
Jan 20187162.874.01$285
Dec 20178857.272.92$257
Nov 20179055.423.12$281
Oct 20175249.292.98$155
Sep 20176747.523.09$207
Aug 20177545.373.00$225
Jul 20176043.873.09$185
Jun 20172442.493.09$74
May 20173845.373.26$124
Apr 20175747.933.21$183
Mar 20172946.772.98$87
Feb 20176750.452.95$198
Jan 20178849.413.42$301
Dec 20168048.763.72$298
Nov 20168742.492.64$230
Oct 201610446.193.09$321
Sep 201611341.553.10$350
Aug 201610741.442.92$313
Jul 201611341.622.92$330
Jun 201610545.352.69$282
May 201610242.521.99$203
Apr 20169736.561.99$193
Mar 20169533.011.79$170
Feb 20166526.472.06$134
Jan 20168627.352.36$203
Dec 20158632.362.00$172
Nov 20158438.792.17$182
Oct 20159743.552.43$235
Sep 201510242.992.76$281
Aug 201510240.162.87$293
Jul 20158148.152.95$239
Jun 20156256.152.88$179
May 20156455.212.96$189
Apr 20159249.822.71$249
Mar 20159342.892.93$273
Feb 20158944.662.98$265
Jan 20159143.433.10$282
Dec 20148254.693.59$294
Nov 201410470.464.25$442
Oct 201410078.303.90$390
Sep 20146886.164.05$275
Aug 201410989.394.04$440
Jul 20149496.564.18$393
Jun 201410698.164.74$502
May 201410694.734.73$501
Apr 20147995.944.81$380
Mar 20148495.895.06$425
Feb 20147797.406.19$477
Jan 20148590.404.86$413
Dec 20137991.824.35$344
Nov 20136188.853.74$228
Oct 20133397.423.78$125
Sep 201361104.113.72$227
Aug 201389104.253.52$314
Jul 201376102.523.72$283
Jun 20138594.403.93$334
May 20138794.834.15$361
Apr 20135993.964.28$253
Mar 20135793.623.91$223
Feb 20135291.233.42$178
Jan 20134991.603.42$168
Dec 20124486.773.42$150
Nov 20125586.953.62$199
Oct 20123889.383.40$129
Sep 20124194.672.92$120
Aug 20124492.662.91$128
Jul 20122785.133.02$82
Jun 20121679.822.52$40
May 2012391.612.49$7
Apr 201259101.652.00$118
Mar 201256105.052.22$124
Feb 201251101.102.57$131
Jan 20125998.092.73$161
Dec 20114396.873.24$139
Nov 20114295.723.31$139
Oct 20114984.983.65$179
Sep 20112583.623.99$100
Aug 20112283.404.15$91
Jul 20111694.144.52$72
Jun 20113492.904.64$158
May 20115198.134.40$225
Apr 201151105.964.33$221
Mar 20114696.364.06$187
Feb 2011085.644.18$0
Jan 20112986.504.59$133
Dec 20103985.734.35$170
Nov 20103580.843.80$133
Oct 20103678.103.51$126
Sep 20103672.633.98$143
Aug 20103873.684.42$168
Jul 20103972.554.74$185
Jun 20104270.364.91$206
May 20104971.124.24$208
Apr 20105281.694.12$214
Mar 20104678.394.39$202
Feb 20106573.585.44$354
Jan 201021274.365.96$1,264
Dec 200924671.445.48$1,349
Nov 200923474.593.75$878
Oct 200920072.544.11$822
Sep 20098165.543.06$248
Aug 20093767.423.22$119
Jul 200910561.133.46$364
Jun 200919066.163.90$740
May 200917254.743.93$675
Apr 200916546.773.59$592
Mar 200917142.144.06$694
Feb 200916832.814.63$778
Jan 200919935.865.37$1,069
Dec 200818137.105.98$1,082
Nov 200820655.496.86$1,413
Oct 200816875.246.92$1,163
Sep 200890101.767.88$709
Aug 2008164114.228.48$1,391
Jul 2008151131.0811.39$1,720
Jun 2008142131.3313.03$1,851
May 2008146123.1711.57$1,690
Apr 2008123110.3110.45$1,286
Mar 2008103101.909.66$995
Feb 20088392.538.77$728
Jan 200813390.388.21$1,091
Dec 200714388.337.30$1,044
Nov 200712391.677.29$897
Oct 200715782.856.92$1,087
Sep 200714475.846.24$899
Aug 200711669.066.39$741
Jul 200712370.906.39$786
Jun 200714962.007.55$1,125
May 20078258.747.85$643
Apr 200710559.617.81$820
Mar 20079256.927.30$672
Feb 200710255.108.22$838
Jan 200713350.306.73$895
Dec 20069656.656.92$664
Nov 200613654.207.62$1,036
Oct 20069754.906.01$583
Sep 20068660.085.04$433
Aug 20069068.717.34$661
Jul 20068369.376.34$526
Jun 20066866.286.38$434
May 20067766.016.42$495
Apr 20069064.397.36$662
Mar 20069756.707.08$687
Feb 20068657.597.75$667
Jan 20069260.598.93$822
Dec 20057254.9413.42$966
Nov 200518254.6910.59$1,927
Oct 200515858.3413.80$2,180
Sep 200515761.4512.08$1,896
Aug 200517161.519.80$1,675
Jul 200515855.697.84$1,239
Jun 200514352.337.38$1,055
May 200515145.226.65$1,004
Apr 200512649.207.36$927
Mar 200510750.377.15$766
Feb 200512745.226.31$802
Jan 200536143.166.32$2,282
Dec 200451439.866.75$3,470
Nov 200453545.286.33$3,387
Oct 200462449.706.52$4,065
Sep 200453643.245.28$2,832
Aug 200453642.375.55$2,975
Jul 200458738.286.08$3,571
Jun 200457336.106.43$3,686
May 200454037.486.49$3,507
Apr 200449334.475.86$2,888
Mar 200463234.365.53$3,495
Feb 200463132.455.51$3,477
Jan 200465332.036.30$4,114
Dec 200361430.266.30$3,869
Nov 200369728.804.60$3,203
Oct 200367228.174.76$3,198
Sep 200367326.314.75$3,196
Aug 200375429.765.13$3,868
Jul 200378529.415.17$4,059
Jun 200357328.565.98$3,428
May 200361626.595.97$3,679
Apr 200317826.675.41$963
Mar 200328831.146.10$1,756
Feb 20039133.487.93$721
Jan 200333630.315.58$1,876
Dec 200259626.914.85$2,893
Nov 200250524.664.14$2,089
Oct 200263626.464.23$2,690
Sep 200274227.443.64$2,697
Aug 200277125.963.16$2,440
Jul 200265124.583.06$1,993
Jun 200295123.733.34$3,175
May 200259524.663.58$2,132
Apr 200279023.653.51$2,775
Mar 200279222.003.10$2,457
Feb 200259518.222.38$1,414
Jan 200243317.172.38$1,029
Dec 200152716.932.36$1,246
Nov 200174118.072.41$1,782
Oct 200181719.782.53$2,066
Sep 200189624.262.25$2,017
Aug 200159524.873.05$1,817
Jul 200171723.933.20$2,292
Jun 200165724.563.82$2,512
May 200172625.524.31$3,127
Apr 200167524.685.34$3,601
Mar 200164924.545.38$3,489
Feb 200152427.755.77$3,022
Jan 200169727.478.40$5,854
Dec 200066726.889.12$6,085
Nov 200037232.215.66$2,105
Oct 200061731.235.15$3,175
Sep 200038131.875.19$1,976
Aug 200051929.644.54$2,357
Jul 200063128.534.09$2,581
Jun 200073329.304.40$3,223
May 200087427.263.68$3,216
Apr 200081324.513.12$2,533
Mar 200069728.422.86$1,993
Feb 200060327.622.73$1,644
Jan 200032525.272.48$806
Dec 199932724.282.42$793
Nov 199982923.192.43$2,018
Oct 199992220.982.80$2,585
Sep 199994421.752.62$2,472
Aug 19991,05319.262.88$3,028
Jul 199996217.892.37$2,282
Jun 199988115.942.36$2,081
May 199980015.792.32$1,857
Apr 199990215.102.21$1,992
Mar 199987012.471.84$1,599
Feb 19999119.981.82$1,656
Jan 199999710.381.90$1,894
Dec 19981,2879.201.77$2,282
Nov 19981,19710.892.19$2,616
Oct 19981,29412.421.97$2,548
Sep 19981,30412.592.08$2,716
Aug 19981,40411.301.91$2,678
Jul 19981,33711.742.24$2,991
Jun 19981,20511.242.24$2,696
May 19983,76512.622.21$8,307
Apr 199894713.042.51$2,373
Mar 19981,13012.802.31$2,610
Feb 199896013.952.30$2,207
Jan 199847914.702.15$1,032
Dec 19971,15816.322.41$2,792
Nov 199796818.193.09$2,989
Oct 19971,08319.253.15$3,411
Sep 19971,05917.742.95$3,129
Aug 19971,09517.862.55$2,797
Jul 19971,16517.582.25$2,618
Jun 19971,09317.242.26$2,467
May 199791918.972.31$2,122
Apr 19971,09117.882.08$2,272
Mar 19971,34118.951.94$2,600
Feb 199795420.492.21$2,104
Jan 19971,06023.483.54$3,752
Dec 19961,22523.32$0
Nov 199698421.97$0
Oct 19961,15823.31$0
Sep 19961,11622.22$0
Aug 199699720.26$0
Jul 19961,05119.55$0
Jun 19961,13118.73$0
May 19961,06719.43$0
Apr 19961,07621.51$0
Mar 19961,26319.38$0
Feb 19961,09716.98$0
Jan 19961,26117.07$0
Dec 19951,18017.19$0
Nov 19951,25616.00$0
Oct 19951,20315.43$0
Sep 199563716.18$0
Aug 199531415.92$0
Jul 199537315.24$0
Jun 199577116.41$0
May 199572217.56$0
Apr 199566617.73$0
Mar 199577616.44$0
Feb 199588816.58$0
Jan 19951,12815.92$0
Dec 19941,23115.03$0
Nov 19941,32915.90$0
Oct 19941,43215.58$0
Sep 19941,20915.29$0
Aug 19941,19616.13$0
Jul 19941,27717.56$0
Jun 199455717.09$0
May 199482715.88$0
Apr 19941,63914.14$0
Mar 19941,97512.46$0
Feb 19941,85712.50$0
Jan 19941,76012.66$0
Dec 19931,63412.33$0
Nov 19931,76414.49$0
Oct 19931,63315.85$0
Sep 19931,56315.03$0
Aug 19931,55615.66$0
Jul 199360415.46$0
Jun 19931,65416.79$0
May 19931,81117.68$0
Apr 19931,68218.05$0
Mar 19931,82218.14$0
Feb 19931,58017.90$0
Jan 19931,85416.93$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.

May 2022 — as filed, then multipliedworked
Gas                    1 Mcf  × $  8.43 =         $8

────────────────────────────────────────────────────
Month total                                       $8

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/129967 is the state's own key, not one this site invented.