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 130375District 08Field 49038639Hydrogen sulphide fieldNGPA filingGasSaveExport
Value, all time
$351 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
GasProduction80,601 Mcf$351,294
Total$351,294

8,881 Mcf of this lease's gas, across 36 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 31.9386, -103.1131. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.93861, -103.11309 · 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
2,850 ft
1 wells filed one
Completion to plug
36.2 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 2,850 ft.

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

Last completion to plug: a median of 36.2 years across the 1 well that filed both dates, with the middle half between 36.2 years and 36.2 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-495322283422,850 ftJan 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 2023770.622.23$16
Apr 20233778.122.24$83
Mar 2023372.852.39$7
Feb 20231475.112.47$35
Jan 202311476.533.39$386
Dec 202239476.415.73$2,257
Nov 2022285.005.65$11
Oct 20223687.185.86$211
Sep 202218084.888.16$1,469
Aug 202219094.529.13$1,734
Jul 2022363101.587.54$2,738
Jun 2022316115.097.98$2,521
May 2022343109.378.43$2,893
Apr 2022226104.226.84$1,545
Mar 2022248108.885.08$1,259
Feb 202224691.054.86$1,195
Jan 202224681.844.54$1,116
Dec 202126271.323.90$1,022
Nov 202125277.435.24$1,320
Oct 202125779.795.71$1,468
Sep 20216269.865.35$332
Aug 202129666.024.22$1,249
Jul 20216170.783.98$243
Jun 2021069.493.38$0
May 202122463.483.02$676
Apr 202121060.362.76$579
Mar 202124661.302.72$668
Feb 202119257.805.55$1,065
Jan 202126550.412.81$745
Dec 202028744.642.68$768
Nov 202035138.772.71$950
Oct 20209436.972.48$233
Sep 202027437.091.99$546
Aug 202023939.982.39$570
Jul 202031838.371.83$580
Jun 202027834.901.69$470
May 202022016.921.81$399
Apr 202020614.751.80$372
Mar 202020530.341.86$381
Feb 202020149.881.98$398
Jan 202023057.252.09$482
Dec 201922159.012.30$509
Nov 201921655.302.75$594
Oct 2019053.472.42$0
Sep 201916255.052.66$430
Aug 201917953.112.30$412
Jul 201917756.272.46$435
Jun 201928352.782.49$705
May 201930158.482.74$825
Apr 201931262.632.75$858
Mar 201930756.803.06$940
Feb 201927450.852.79$765
Jan 201932646.033.23$1,052
Dec 201825046.594.19$1,046
Nov 201831552.934.24$1,335
Oct 201826561.443.40$900
Sep 201824659.543.11$765
Aug 201828559.403.07$874
Jul 201830865.142.93$903
Jun 201832260.183.08$991
May 201831665.382.90$917
Apr 201832663.842.90$946
Mar 201834761.222.79$967
Feb 201826061.782.77$719
Jan 201825462.874.01$1,018
Dec 201731457.272.92$917
Nov 201731855.423.12$992
Oct 201718349.292.98$546
Sep 201723947.523.09$738
Aug 201726845.373.00$805
Jul 201721443.873.09$661
Jun 20178542.493.09$262
May 201713545.373.26$441
Apr 201720447.933.21$655
Mar 201710446.772.98$310
Feb 201723750.452.95$700
Jan 201731149.413.42$1,063
Dec 201628648.763.72$1,065
Nov 201630942.492.64$817
Oct 201637046.193.09$1,143
Sep 201640141.553.10$1,243
Aug 201638141.442.92$1,114
Jul 201640041.622.92$1,170
Jun 201637545.352.69$1,007
May 201636142.521.99$719
Apr 201634736.561.99$691
Mar 201634033.011.79$610
Feb 201623126.472.06$477
Jan 201630727.352.36$726
Dec 201530532.362.00$610
Nov 201529838.792.17$646
Oct 201534643.552.43$840
Sep 201536342.992.76$1,001
Aug 201536340.162.87$1,043
Jul 201528948.152.95$851
Jun 201522056.152.88$634
May 201522955.212.96$677
Apr 201532849.822.71$888
Mar 201533142.892.93$971
Feb 201531844.662.98$946
Jan 201532443.433.10$1,005
Dec 201429154.693.59$1,045
Nov 201437070.464.25$1,573
Oct 201442178.303.90$1,642
Sep 201429786.164.05$1,202
Aug 201449489.394.04$1,993
Jul 201443696.564.18$1,822
Jun 201439798.164.74$1,881
May 201440194.734.73$1,895
Apr 201442695.944.81$2,049
Mar 201445495.895.06$2,296
Feb 201441597.406.19$2,570
Jan 201446390.404.86$2,251
Dec 201342991.824.35$1,868
Nov 201333088.853.74$1,234
Oct 201317997.423.78$677
Sep 2013332104.113.72$1,234
Aug 2013478104.253.52$1,684
Jul 2013412102.523.72$1,532
Jun 201346294.403.93$1,817
May 201347094.834.15$1,950
Apr 201340293.964.28$1,722
Mar 201338593.623.91$1,506
Feb 201338291.233.42$1,306
Jan 201344291.603.42$1,512
Dec 201234686.773.42$1,183
Nov 201233686.953.62$1,218
Oct 201223989.383.40$813
Sep 201227794.672.92$808
Aug 201237192.662.91$1,079
Jul 201228085.133.02$846
Jun 20124679.822.52$116
May 20121491.612.49$35
Apr 2012250101.652.00$499
Mar 2012238105.052.22$529
Feb 2012218101.102.57$560
Jan 201232498.092.73$886
Dec 201123596.873.24$761
Nov 201123195.723.31$765
Oct 201126884.983.65$978
Sep 201126783.623.99$1,064
Aug 201119083.404.15$788
Jul 201110894.144.52$488
Jun 201133192.904.64$1,536
May 201149898.134.40$2,194
Apr 2011512105.964.33$2,219
Mar 201147596.364.06$1,927
Feb 201117385.644.18$723
Jan 201135486.504.59$1,624
Dec 201046785.734.35$2,030
Nov 201042580.843.80$1,613
Oct 201044678.103.51$1,565
Sep 201044072.633.98$1,751
Aug 201053873.684.42$2,378
Jul 201039472.554.74$1,866
Jun 201032470.364.91$1,591
May 201039671.124.24$1,677
Apr 201047481.694.12$1,954
Mar 201043278.394.39$1,896
Feb 201040373.585.44$2,193
Jan 201044074.365.96$2,624
Dec 200944671.445.48$2,446
Nov 200943574.593.75$1,632
Oct 200958572.544.11$2,405
Sep 200931765.543.06$972
Aug 200912567.423.22$402
Jul 200925161.133.46$870
Jun 200945066.163.90$1,753
May 200941854.743.93$1,641
Apr 200941146.773.59$1,474
Mar 200939742.144.06$1,611
Feb 200939332.814.63$1,821
Jan 200945235.865.37$2,428
Dec 200843437.105.98$2,594
Nov 200841955.496.86$2,874
Oct 200843675.246.92$3,018
Sep 2008217101.767.88$1,709
Aug 2008381114.228.48$3,232
Jul 2008374131.0811.39$4,260
Jun 2008372131.3313.03$4,848
May 2008341123.1711.57$3,947
Apr 2008350110.3110.45$3,659
Mar 2008407101.909.66$3,933
Feb 200834192.538.77$2,991
Jan 200836390.388.21$2,979
Dec 200741988.337.30$3,060
Nov 200729091.677.29$2,115
Oct 200742582.856.92$2,942
Sep 200739075.846.24$2,435
Aug 200732069.066.39$2,044
Jul 200738170.906.39$2,434
Jun 200735462.007.55$2,672
May 200736258.747.85$2,840
Apr 200735659.617.81$2,779
Mar 200737056.927.30$2,702
Feb 200734255.108.22$2,810
Jan 200744750.306.73$3,007
Dec 200632656.656.92$2,255
Nov 200645854.207.62$3,489
Oct 200632454.906.01$1,948
Sep 200628960.085.04$1,456
Aug 200627768.717.34$2,033
Jul 200623169.376.34$1,465
Jun 200617466.286.38$1,111
May 200621566.016.42$1,381
Apr 200622064.397.36$1,619
Mar 200640956.707.08$2,897
Feb 200636257.597.75$2,806
Jan 200638860.598.93$3,466
Dec 200537054.9413.42$4,964
Nov 200538254.6910.59$4,045
Oct 200537858.3413.80$5,215
Sep 200532761.4512.08$3,950
Aug 200537261.519.80$3,644
Jul 200537655.697.84$2,949
Jun 200543852.337.38$3,233
May 200547845.226.65$3,179
Apr 200548449.207.36$3,562
Mar 200548050.377.15$3,434
Feb 200545545.226.31$2,872
Jan 200545843.166.32$2,896
Dec 200447239.866.75$3,187
Nov 200442645.286.33$2,697
Oct 200443249.706.52$2,815
Sep 200441643.245.28$2,198
Aug 200445442.375.55$2,520
Jul 200441238.286.08$2,507
Jun 200440536.106.43$2,605
May 200425237.486.49$1,637
Apr 2004034.475.86$0
Mar 2004034.365.53$0
Feb 2004032.455.51$0
Jan 2004032.036.30$0
Dec 2003030.266.30$0
Nov 2003028.804.60$0
Oct 2003028.174.76$0
Sep 2003026.314.75$0
Aug 2003029.765.13$0
Jul 2003029.415.17$0
Jun 2003028.565.98$0
May 2003026.595.97$0
Apr 2003026.675.41$0
Mar 2003031.146.10$0
Feb 2003033.487.93$0
Jan 2003030.315.58$0
Dec 2002026.914.85$0
Nov 2002024.664.14$0
Oct 2002026.464.23$0
Sep 2002027.443.64$0
Aug 2002025.963.16$0
Jul 2002024.583.06$0
Jun 2002023.733.34$0
May 2002024.663.58$0
Apr 2002023.653.51$0
Mar 2002022.003.10$0
Feb 2002018.222.38$0
Jan 2002017.172.38$0
Dec 2001016.932.36$0
Nov 2001018.072.41$0
Oct 2001019.782.53$0
Sep 2001024.262.25$0
Aug 2001024.873.05$0
Jul 2001023.933.20$0
Jun 2001024.563.82$0
May 2001025.524.31$0
Apr 2001024.685.34$0
Mar 2001024.545.38$0
Feb 2001027.755.77$0
Jan 2001027.478.40$0
Dec 2000026.889.12$0
Nov 2000032.215.66$0
Oct 2000031.235.15$0
Sep 2000031.875.19$0
Aug 2000029.644.54$0
Jul 2000028.534.09$0
Jun 2000029.304.40$0
May 2000027.263.68$0
Apr 2000024.513.12$0
Mar 2000028.422.86$0
Feb 2000027.622.73$0
Jan 2000025.272.48$0
Dec 1999024.282.42$0
Nov 1999023.192.43$0
Oct 1999020.982.80$0
Sep 1999021.752.62$0
Aug 1999019.262.88$0
Jul 1999017.892.37$0
Jun 1999015.942.36$0
May 1999015.792.32$0
Apr 1999015.102.21$0
Mar 1999012.471.84$0
Feb 199909.981.82$0
Jan 1999010.381.90$0
Dec 199809.201.77$0
Nov 1998010.892.19$0
Oct 1998012.421.97$0
Sep 1998012.592.08$0
Aug 1998011.301.91$0
Jul 1998011.742.24$0
Jun 1998011.242.24$0
May 1998012.622.21$0
Apr 1998013.042.51$0
Mar 1998012.802.31$0
Feb 1998013.952.30$0
Jan 1998014.702.15$0
Dec 1997016.322.41$0
Nov 1997018.193.09$0
Oct 1997019.253.15$0
Sep 1997017.742.95$0
Aug 1997017.862.55$0
Jul 1997017.582.25$0
Jun 1997017.242.26$0
May 1997018.972.31$0
Apr 1997017.882.08$0
Mar 1997018.951.94$0
Feb 1997020.492.21$0
Jan 1997023.483.54$0
Dec 1996023.32$0
Nov 1996021.97$0
Oct 1996023.31$0
Sep 1996022.22$0
Aug 1996020.26$0
Jul 1996019.55$0
Jun 1996018.73$0
May 1996019.43$0
Apr 1996021.51$0
Mar 1996019.38$0
Feb 1996016.98$0
Jan 19963417.07$0
Dec 1995017.19$0
Nov 199537116.00$0
Oct 199534315.43$0
Sep 199525816.18$0
Aug 199526415.92$0
Jul 199528615.24$0
Jun 199526916.41$0
May 199525517.56$0
Apr 199523517.73$0
Mar 199523916.44$0
Feb 199521316.58$0
Jan 199522915.92$0
Dec 199422715.03$0
Nov 199423115.90$0
Oct 199428615.58$0
Sep 199424915.29$0
Aug 199423616.13$0
Jul 199442817.56$0
Jun 199422217.09$0
May 199422915.88$0
Apr 199424514.14$0
Mar 199424812.46$0
Feb 199422012.50$0
Jan 199421512.66$0
Dec 199317112.33$0
Nov 199317814.49$0
Oct 199321115.85$0
Sep 199318615.03$0
Aug 199318815.66$0
Jul 199312715.46$0
Jun 199323416.79$0
May 199331217.68$0
Apr 199332318.05$0
Mar 199335318.14$0
Feb 199326217.90$0
Jan 199330416.93$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 2023 — as filed, then multipliedworked
Gas                    7 Mcf  × $  2.23 =        $16

────────────────────────────────────────────────────
Month total                                      $16

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/130375 is the state's own key, not one this site invented.