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 130310District 08Field 49038639Hydrogen sulphide fieldNGPA filingGasSaveExport
Value, all time
$262 k
Jan 1993 – Mar 2025
Value, last 12 filed months
$0
at the published price for each month
Months reported
387
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
GasProduction80,958 Mcf$261,689
Total$261,689

19,176 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 31.9553, -103.1143. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.95533, -103.11426 · 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
2,940 ft
1 wells filed one
Completion to plug
36.1 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 2,940 ft.

Completions filed
Feb 1989
1 of 1 wells
Plug dates filed
Mar 2025
1 of 1 wells

Last completion to plug: a median of 36.1 years across the 1 well that filed both dates, with the middle half between 36.1 years and 36.1 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-495322303392,940 ftFeb 1989Mar 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 (387)

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

387 months

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 2023275.112.47$5
Jan 20231576.533.39$51
Dec 20225376.415.73$304
Nov 2022085.005.65$0
Oct 20222487.185.86$141
Sep 202212084.888.16$980
Aug 202212794.529.13$1,159
Jul 2022242101.587.54$1,825
Jun 2022211115.097.98$1,683
May 2022229109.378.43$1,931
Apr 2022151104.226.84$1,032
Mar 2022165108.885.08$838
Feb 202216491.054.86$797
Jan 202216481.844.54$744
Dec 202117571.323.90$682
Nov 202116877.435.24$880
Oct 202117179.795.71$977
Sep 20214169.865.35$219
Aug 202119766.024.22$831
Jul 202155470.783.98$2,206
Jun 2021069.493.38$0
May 20216763.483.02$202
Apr 20216360.362.76$174
Mar 20217361.302.72$198
Feb 20215757.805.55$316
Jan 20217950.412.81$222
Dec 20208544.642.68$227
Nov 202010538.772.71$284
Oct 20202836.972.48$69
Sep 20208237.091.99$163
Aug 20207139.982.39$169
Jul 20209538.371.83$173
Jun 20208334.901.69$140
May 20206516.921.81$118
Apr 20206114.751.80$110
Mar 20206130.341.86$113
Feb 20206049.881.98$119
Jan 20206857.252.09$142
Dec 20196659.012.30$152
Nov 20196455.302.75$176
Oct 2019053.472.42$0
Sep 20194855.052.66$128
Aug 20195353.112.30$122
Jul 20195356.272.46$130
Jun 20198452.782.49$209
May 20199058.482.74$247
Apr 20199362.632.75$256
Mar 20199156.803.06$279
Feb 20198150.852.79$226
Jan 20199746.033.23$313
Dec 20187446.594.19$310
Nov 20189452.934.24$398
Oct 20187961.443.40$268
Sep 20187359.543.11$227
Aug 20188559.403.07$261
Jul 20189265.142.93$270
Jun 20189660.183.08$295
May 20189465.382.90$273
Apr 20189763.842.90$281
Mar 201810361.222.79$287
Feb 20187761.782.77$213
Jan 20187562.874.01$301
Dec 20179357.272.92$272
Nov 20179555.423.12$296
Oct 20175549.292.98$164
Sep 20177147.523.09$219
Aug 20178045.373.00$240
Jul 20176443.873.09$198
Jun 20172542.493.09$77
May 20174045.373.26$131
Apr 20176147.933.21$196
Mar 20173146.772.98$92
Feb 20177150.452.95$210
Jan 20179349.413.42$318
Dec 20168548.763.72$316
Nov 20169242.492.64$243
Oct 201611046.193.09$340
Sep 201611941.553.10$369
Aug 201611341.442.92$330
Jul 201611941.622.92$348
Jun 201611245.352.69$301
May 201610842.521.99$215
Apr 201610336.561.99$205
Mar 201610133.011.79$181
Feb 20166926.472.06$142
Jan 20169127.352.36$215
Dec 20159132.362.00$182
Nov 20158938.792.17$193
Oct 201510343.552.43$250
Sep 201510842.992.76$298
Aug 201510840.162.87$310
Jul 20158648.152.95$253
Jun 20156656.152.88$190
May 20156855.212.96$201
Apr 20159849.822.71$265
Mar 20159942.892.93$291
Feb 20159444.662.98$280
Jan 20159643.433.10$298
Dec 20148754.693.59$312
Nov 201411070.464.25$468
Oct 201412578.303.90$488
Sep 20148986.164.05$360
Aug 201414189.394.04$569
Jul 201412196.564.18$506
Jun 201411798.164.74$554
May 201411694.734.73$548
Apr 201410795.944.81$515
Mar 201411395.895.06$571
Feb 201410497.406.19$644
Jan 201411690.404.86$564
Dec 201310791.824.35$466
Nov 20138288.853.74$307
Oct 20134597.423.78$170
Sep 201383104.113.72$309
Aug 2013120104.253.52$423
Jul 2013103102.523.72$383
Jun 201311694.403.93$456
May 201311894.834.15$490
Apr 201339693.964.28$1,696
Mar 201342993.623.91$1,679
Feb 201341591.233.42$1,419
Jan 201352891.603.42$1,806
Dec 201259186.773.42$2,021
Nov 201249786.953.62$1,802
Oct 201231189.383.40$1,057
Sep 201249694.672.92$1,448
Aug 201266192.662.91$1,922
Jul 201254885.133.02$1,655
Jun 2012079.822.52$0
May 20121191.612.49$27
Apr 2012198101.652.00$395
Mar 2012189105.052.22$420
Feb 2012174101.102.57$447
Jan 201219998.092.73$544
Dec 201115196.873.24$489
Nov 201114895.723.31$490
Oct 201110784.983.65$390
Sep 201123483.623.99$933
Aug 2011883.404.15$33
Jul 20118794.144.52$393
Jun 201119992.904.64$923
May 201130098.134.40$1,321
Apr 2011303105.964.33$1,313
Mar 201126896.364.06$1,087
Feb 20117385.644.18$305
Jan 201112686.504.59$578
Dec 201014085.734.35$609
Nov 201012780.843.80$482
Oct 201012878.103.51$449
Sep 201012772.633.98$505
Aug 201013673.684.42$601
Jul 201012172.554.74$573
Jun 201010670.364.91$521
May 201012471.124.24$525
Apr 201013181.694.12$540
Mar 201035178.394.39$1,540
Feb 201045373.585.44$2,465
Jan 201047174.365.96$2,809
Dec 200947371.445.48$2,594
Nov 200945574.593.75$1,707
Oct 200945872.544.11$1,882
Sep 2009065.543.06$0
Aug 2009067.423.22$0
Jul 20098961.133.46$308
Jun 200915966.163.90$619
May 200915254.743.93$597
Apr 200915146.773.59$542
Mar 200915842.144.06$641
Feb 200915232.814.63$704
Jan 200915535.865.37$833
Dec 200816237.105.98$968
Nov 200824955.496.86$1,708
Oct 200820275.246.92$1,398
Sep 200843101.767.88$339
Aug 2008105114.228.48$891
Jul 2008106131.0811.39$1,207
Jun 2008100131.3313.03$1,303
May 2008106123.1711.57$1,227
Apr 2008101110.3110.45$1,056
Mar 200878101.909.66$754
Feb 20089392.538.77$816
Jan 20089590.388.21$780
Dec 20078188.337.30$591
Nov 20078391.677.29$605
Oct 200715682.856.92$1,080
Sep 200716375.846.24$1,018
Aug 20073569.066.39$224
Jul 20074270.906.39$268
Jun 200712162.007.55$913
May 200713458.747.85$1,051
Apr 200713159.617.81$1,022
Mar 200713656.927.30$993
Feb 200712955.108.22$1,060
Jan 200714150.306.73$948
Dec 200612856.656.92$886
Nov 200615254.207.62$1,158
Oct 200612854.906.01$770
Sep 200612160.085.04$610
Aug 200612068.717.34$881
Jul 200618969.376.34$1,199
Jun 20065066.286.38$319
May 200610066.016.42$643
Apr 20068464.397.36$618
Mar 200617656.707.08$1,247
Feb 200615657.597.75$1,209
Jan 200616760.598.93$1,492
Dec 200521454.9413.42$2,871
Nov 200523954.6910.59$2,531
Oct 200521158.3413.80$2,911
Sep 200518261.4512.08$2,198
Aug 200517461.519.80$1,705
Jul 200521955.697.84$1,718
Jun 200520752.337.38$1,528
May 200528745.226.65$1,909
Apr 200520949.207.36$1,538
Mar 200522650.377.15$1,617
Feb 200520345.226.31$1,281
Jan 200521543.166.32$1,359
Dec 200421839.866.75$1,472
Nov 200420945.286.33$1,323
Oct 200422749.706.52$1,479
Sep 200425543.245.28$1,347
Aug 200418742.375.55$1,038
Jul 200423538.286.08$1,430
Jun 200422636.106.43$1,454
May 200419937.486.49$1,292
Apr 200423734.475.86$1,388
Mar 200429734.365.53$1,642
Feb 200429632.455.51$1,631
Jan 200430732.036.30$1,934
Dec 200329130.266.30$1,834
Nov 200332228.804.60$1,480
Oct 200334828.174.76$1,656
Sep 200334326.314.75$1,629
Aug 200338229.765.13$1,960
Jul 200333129.415.17$1,712
Jun 200325828.565.98$1,544
May 200329926.595.97$1,786
Apr 200312126.675.41$654
Mar 200310131.146.10$616
Feb 200319933.487.93$1,577
Jan 200329830.315.58$1,663
Dec 200225126.914.85$1,218
Nov 200229624.664.14$1,225
Oct 200227126.464.23$1,146
Sep 200229427.443.64$1,069
Aug 200233625.963.16$1,063
Jul 200227724.583.06$848
Jun 200242423.733.34$1,415
May 200225924.663.58$928
Apr 200234423.653.51$1,208
Mar 200240822.003.10$1,266
Feb 200227718.222.38$658
Jan 200214917.172.38$354
Dec 200126816.932.36$634
Nov 200129418.072.41$707
Oct 200133419.782.53$845
Sep 200138124.262.25$858
Aug 200137824.873.05$1,154
Jul 200134723.933.20$1,109
Jun 200133624.563.82$1,285
May 200126525.524.31$1,141
Apr 200137224.685.34$1,985
Mar 200134124.545.38$1,833
Feb 200125327.755.77$1,459
Jan 200134227.478.40$2,872
Dec 200029626.889.12$2,700
Nov 200019832.215.66$1,120
Oct 200036531.235.15$1,878
Sep 200025731.875.19$1,333
Aug 200021029.644.54$954
Jul 200034228.534.09$1,399
Jun 200039429.304.40$1,733
May 200054127.263.68$1,991
Apr 200031524.513.12$982
Mar 200027028.422.86$772
Feb 200040127.622.73$1,093
Jan 200021625.272.48$536
Dec 199918924.282.42$458
Nov 199955423.192.43$1,348
Oct 199964620.982.80$1,811
Sep 199965721.752.62$1,721
Aug 199922119.262.88$636
Jul 1999017.892.37$0
Jun 1999015.942.36$0
May 1999015.792.32$0
Apr 199987015.102.21$1,921
Mar 1999012.471.84$0
Feb 199909.981.82$0
Jan 1999010.381.90$0
Dec 19988999.201.77$1,594
Nov 1998010.892.19$0
Oct 1998012.421.97$0
Sep 199816712.592.08$348
Aug 199845711.301.91$872
Jul 199845711.742.24$1,022
Jun 199839811.242.24$890
May 199848912.622.21$1,079
Apr 199843613.042.51$1,092
Mar 199851312.802.31$1,185
Feb 199852313.952.30$1,202
Jan 199843314.702.15$933
Dec 199758016.322.41$1,398
Nov 199750818.193.09$1,569
Oct 199754419.253.15$1,714
Sep 199749717.742.95$1,469
Aug 199749517.862.55$1,265
Jul 199749417.582.25$1,110
Jun 199744817.242.26$1,011
May 199746718.972.31$1,078
Apr 199747517.882.08$989
Mar 199750318.951.94$975
Feb 199732320.492.21$713
Jan 199737623.483.54$1,331
Dec 199641723.32$0
Nov 199643121.97$0
Oct 199649623.31$0
Sep 199654522.22$0
Aug 199652220.26$0
Jul 199648519.55$0
Jun 199640918.73$0
May 199638619.43$0
Apr 199643621.51$0
Mar 199640319.38$0
Feb 199635616.98$0
Jan 199635217.07$0
Dec 199525417.19$0
Nov 199539116.00$0
Oct 199543015.43$0
Sep 199540216.18$0
Aug 199540315.92$0
Jul 199541515.24$0
Jun 199534816.41$0
May 199534517.56$0
Apr 199531817.73$0
Mar 199539016.44$0
Feb 199535416.58$0
Jan 199539515.92$0
Dec 199439115.03$0
Nov 199440615.90$0
Oct 199442515.58$0
Sep 199437315.29$0
Aug 199435916.13$0
Jul 199432617.56$0
Jun 199431317.09$0
May 199443515.88$0
Apr 199450814.14$0
Mar 199450512.46$0
Feb 199441112.50$0
Jan 199442512.66$0
Dec 199340312.33$0
Nov 199334314.49$0
Oct 199333315.85$0
Sep 199333415.03$0
Aug 199332215.66$0
Jul 199330715.46$0
Jun 199326416.79$0
May 199345917.68$0
Apr 199347818.05$0
Mar 199348818.14$0
Feb 199342317.90$0
Jan 199346216.93$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/130310 is the state's own key, not one this site invented.