STATE-WALTON

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 130531District 08Field 49038639Hydrogen sulphide fieldNGPA filingGasSaveExport
Value, all time
$979 k
Jan 1993 – Feb 2025
Value, last 12 filed months
$0
at the published price for each month
Months reported
386
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
GasProduction312,190 Mcf$978,659
Total$978,659

86,067 Mcf of this lease's gas, across 35 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 31.9261, -103.1272. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.92611, -103.12722 · 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
2,800 ft
1 wells filed one
Completion to plug
36.0 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 2,800 ft.

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

Last completion to plug: a median of 36.0 years across the 1 well that filed both dates, with the middle half between 36.0 years and 36.0 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-49532235852,800 ftFeb 1989Feb 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 (386)

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

386 months

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 2023176.533.39$3
Dec 2022376.415.73$17
Nov 2022085.005.65$0
Oct 2022187.185.86$6
Sep 2022384.888.16$24
Aug 2022394.529.13$27
Jul 20226101.587.54$45
Jun 20225115.097.98$40
May 20226109.378.43$51
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 202116170.783.98$641
Jun 2021069.493.38$0
May 202140663.483.02$1,225
Apr 202138160.362.76$1,051
Mar 202144761.302.72$1,214
Feb 202134957.805.55$1,936
Jan 202148250.412.81$1,355
Dec 202052144.642.68$1,394
Nov 202063838.772.71$1,727
Oct 202017036.972.48$421
Sep 202049837.091.99$992
Aug 202043439.982.39$1,035
Jul 202057738.371.83$1,053
Jun 202050534.901.69$854
May 202039916.921.81$724
Apr 202037414.751.80$675
Mar 202037230.341.86$691
Feb 202036549.881.98$723
Jan 202041857.252.09$876
Dec 201940259.012.30$926
Nov 201939255.302.75$1,078
Oct 2019053.472.42$0
Sep 201929555.052.66$784
Aug 201932553.112.30$749
Jul 201932256.272.46$792
Jun 201951452.782.49$1,280
May 201954758.482.74$1,499
Apr 201956762.632.75$1,560
Mar 201955756.803.06$1,706
Feb 201949750.852.79$1,388
Jan 201959346.033.23$1,914
Dec 201845446.594.19$1,900
Nov 201857252.934.24$2,424
Oct 201848061.443.40$1,631
Sep 201844659.543.11$1,386
Aug 201851759.403.07$1,585
Jul 201855965.142.93$1,639
Jun 201858560.183.08$1,800
May 201857365.382.90$1,662
Apr 201859263.842.90$1,717
Mar 201863061.222.79$1,756
Feb 201847361.782.77$1,308
Jan 201846162.874.01$1,848
Dec 201756957.272.92$1,662
Nov 201757855.423.12$1,802
Oct 201733349.292.98$994
Sep 201743447.523.09$1,340
Aug 201748745.373.00$1,463
Jul 201738943.873.09$1,201
Jun 201715442.493.09$475
May 201724545.373.26$800
Apr 201737147.933.21$1,192
Mar 201718846.772.98$561
Feb 201743150.452.95$1,273
Jan 201756549.413.42$1,932
Dec 201651948.763.72$1,932
Nov 201656042.492.64$1,481
Oct 201667246.193.09$2,077
Sep 201672841.553.10$2,257
Aug 201669241.442.92$2,024
Jul 201672741.622.92$2,126
Jun 201668045.352.69$1,826
May 201665642.521.99$1,306
Apr 201662936.561.99$1,252
Mar 201661733.011.79$1,107
Feb 201642026.472.06$867
Jan 201655827.352.36$1,319
Dec 201555432.362.00$1,109
Nov 201554238.792.17$1,175
Oct 201562843.552.43$1,524
Sep 201535242.992.76$971
Aug 2015040.162.87$0
Jul 201527748.152.95$816
Jun 201538556.152.88$1,110
May 201540055.212.96$1,182
Apr 201557249.822.71$1,548
Mar 201557842.892.93$1,696
Feb 201555644.662.98$1,655
Jan 201556543.433.10$1,752
Dec 201450954.693.59$1,828
Nov 201462270.464.25$2,645
Oct 201468878.303.90$2,684
Sep 201448586.164.05$1,962
Aug 201479389.394.04$3,200
Jul 201471296.564.18$2,976
Jun 201480998.164.74$3,832
May 201486094.734.73$4,065
Apr 201482195.944.81$3,948
Mar 201487595.895.06$4,425
Feb 201480197.406.19$4,960
Jan 201489290.404.86$4,336
Dec 201382791.824.35$3,601
Nov 201363788.853.74$2,381
Oct 201334697.423.78$1,308
Sep 2013639104.113.72$2,376
Aug 2013844104.253.52$2,973
Jul 2013703102.523.72$2,614
Jun 201378894.403.93$3,100
May 201380394.834.15$3,332
Apr 201382793.964.28$3,542
Mar 201389193.623.91$3,486
Feb 201384491.233.42$2,886
Jan 201378291.603.42$2,674
Dec 201254786.773.42$1,871
Nov 201269386.953.62$2,512
Oct 201254689.383.40$1,856
Sep 201266294.672.92$1,932
Aug 201270592.662.91$2,050
Jul 201257985.133.02$1,749
Jun 201214979.822.52$375
May 20123591.612.49$87
Apr 2012599101.652.00$1,196
Mar 2012571105.052.22$1,269
Feb 2012524101.102.57$1,347
Jan 201260098.092.73$1,640
Dec 201143696.873.24$1,413
Nov 201142995.723.31$1,421
Oct 201149884.983.65$1,817
Sep 201156883.623.99$2,264
Aug 20112183.404.15$87
Jul 201128194.144.52$1,269
Jun 201164392.904.64$2,983
May 201196898.134.40$4,264
Apr 2011973105.964.33$4,216
Mar 201189096.364.06$3,611
Feb 201135385.644.18$1,476
Jan 201190986.504.59$4,171
Dec 20101,01885.734.35$4,426
Nov 20101,01480.843.80$3,848
Oct 201099978.103.51$3,505
Sep 201097872.633.98$3,892
Aug 20101,07973.684.42$4,768
Jul 201071172.554.74$3,368
Jun 201079870.364.91$3,919
May 20101,03071.124.24$4,362
Apr 201098181.694.12$4,044
Mar 201082878.394.39$3,634
Feb 201078473.585.44$4,267
Jan 201089474.365.96$5,332
Dec 200991171.445.48$4,996
Nov 200993274.593.75$3,496
Oct 20091,00772.544.11$4,139
Sep 200947165.543.06$1,444
Aug 200932167.423.22$1,033
Jul 200957861.133.46$2,002
Jun 200998166.163.90$3,821
May 200996854.743.93$3,800
Apr 200984046.773.59$3,014
Mar 200996142.144.06$3,901
Feb 200985432.814.63$3,957
Jan 200987735.865.37$4,710
Dec 200888937.105.98$5,314
Nov 200881755.496.86$5,605
Oct 200865675.246.92$4,541
Sep 2008340101.767.88$2,678
Aug 2008636114.228.48$5,395
Jul 2008786131.0811.39$8,952
Jun 2008736131.3313.03$9,592
May 2008766123.1711.57$8,866
Apr 2008796110.3110.45$8,322
Mar 2008820101.909.66$7,925
Feb 200863992.538.77$5,604
Jan 200875790.388.21$6,212
Dec 200777188.337.30$5,630
Nov 200756991.677.29$4,149
Oct 200779882.856.92$5,524
Sep 200787575.846.24$5,464
Aug 200771669.066.39$4,574
Jul 200787070.906.39$5,558
Jun 200772162.007.55$5,442
May 200784158.747.85$6,599
Apr 200777259.617.81$6,026
Mar 200775156.927.30$5,484
Feb 200762355.108.22$5,119
Jan 20071,01850.306.73$6,848
Dec 200674956.656.92$5,182
Nov 200698954.207.62$7,534
Oct 200672554.906.01$4,360
Sep 200668260.085.04$3,435
Aug 200670968.717.34$5,204
Jul 200676569.376.34$4,852
Jun 200651466.286.38$3,281
May 200668266.016.42$4,382
Apr 200668864.397.36$5,064
Mar 200674256.707.08$5,256
Feb 200665757.597.75$5,092
Jan 200670060.598.93$6,253
Dec 200576654.9413.42$10,276
Nov 200578154.6910.59$8,270
Oct 200585158.3413.80$11,740
Sep 200572961.4512.08$8,806
Aug 200571761.519.80$7,024
Jul 200584555.697.84$6,628
Jun 200583652.337.38$6,171
May 200580045.226.65$5,321
Apr 200591549.207.36$6,735
Mar 200581550.377.15$5,831
Feb 200566445.226.31$4,191
Jan 200584543.166.32$5,342
Dec 20041,02239.866.75$6,900
Nov 20041,00345.286.33$6,349
Oct 20041,10549.706.52$7,199
Sep 20041,03843.245.28$5,485
Aug 200499842.375.55$5,540
Jul 200462938.286.08$3,827
Jun 200475336.106.43$4,844
May 200474637.486.49$4,845
Apr 200476634.475.86$4,488
Mar 20041,10434.365.53$6,105
Feb 20041,10132.455.51$6,066
Jan 20041,14032.036.30$7,182
Dec 20031,14530.266.30$7,215
Nov 200390728.804.60$4,168
Oct 200387928.174.76$4,184
Sep 200388226.314.75$4,189
Aug 20031,00229.765.13$5,140
Jul 20031,03929.415.17$5,373
Jun 200385928.565.98$5,139
May 200379226.595.97$4,730
Apr 200364526.675.41$3,488
Mar 200376331.146.10$4,651
Feb 200378133.487.93$6,190
Jan 20031,26030.315.58$7,033
Dec 200293226.914.85$4,524
Nov 200276324.664.14$3,157
Oct 200289926.464.23$3,802
Sep 20021,12927.443.64$4,104
Aug 20021,20325.963.16$3,806
Jul 200287024.583.06$2,664
Jun 20021,06123.733.34$3,542
May 200296724.663.58$3,466
Apr 20021,28423.653.51$4,510
Mar 20021,02122.003.10$3,168
Feb 20021,04018.222.38$2,471
Jan 200273117.172.38$1,737
Dec 20011,14916.932.36$2,717
Nov 200158718.072.41$1,412
Oct 200193919.782.53$2,375
Sep 200196824.262.25$2,179
Aug 200197524.873.05$2,977
Jul 200195623.933.20$3,056
Jun 20011,00224.563.82$3,832
May 20011,14025.524.31$4,910
Apr 20011,08024.685.34$5,762
Mar 20011,02024.545.38$5,484
Feb 200188427.755.77$5,098
Jan 20011,06127.478.40$8,911
Dec 200089626.889.12$8,174
Nov 200067632.215.66$3,825
Oct 200098231.235.15$5,053
Sep 200080931.875.19$4,196
Aug 200077929.644.54$3,537
Jul 200086628.534.09$3,542
Jun 20001,12529.304.40$4,947
May 2000027.263.68$0
Apr 20001,77624.513.12$5,534
Mar 20001,51828.422.86$4,341
Feb 20001,44727.622.73$3,945
Jan 200078225.272.48$1,940
Dec 199978024.282.42$1,891
Nov 19991,99123.192.43$4,846
Oct 199952320.982.80$1,466
Sep 19991,80721.752.62$4,732
Aug 199987819.262.88$2,525
Jul 199992717.892.37$2,199
Jun 199996015.942.36$2,268
May 199993215.792.32$2,163
Apr 19991,00615.102.21$2,221
Mar 199998012.471.84$1,802
Feb 19999099.981.82$1,652
Jan 199997310.381.90$1,849
Dec 19981,1519.201.77$2,041
Nov 19981,04810.892.19$2,291
Oct 19981,08712.421.97$2,141
Sep 19981,10312.592.08$2,297
Aug 19981,17111.301.91$2,234
Jul 19981,11911.742.24$2,504
Jun 19981,03611.242.24$2,318
May 19981,22412.622.21$2,701
Apr 19981,27613.042.51$3,197
Mar 19981,39012.802.31$3,210
Feb 19981,42813.952.30$3,283
Jan 199861314.702.15$1,321
Dec 19971,38016.322.41$3,327
Nov 19971,24318.193.09$3,839
Oct 19971,40719.253.15$4,432
Sep 19971,24317.742.95$3,673
Aug 19971,40417.862.55$3,587
Jul 19971,56017.582.25$3,505
Jun 19971,40417.242.26$3,169
May 19971,68418.972.31$3,888
Apr 19971,71817.882.08$3,578
Mar 19971,79418.951.94$3,479
Feb 19971,15620.492.21$2,550
Jan 19971,69823.483.54$6,010
Dec 19961,71523.32$0
Nov 19961,73121.97$0
Oct 19961,79723.31$0
Sep 19961,77522.22$0
Aug 19961,57120.26$0
Jul 19961,94819.55$0
Jun 19962,26018.73$0
May 19961,64719.43$0
Apr 19961,60421.51$0
Mar 19961,56119.38$0
Feb 19961,47616.98$0
Jan 19961,63117.07$0
Dec 19951,46617.19$0
Nov 19952,52416.00$0
Oct 19952,63215.43$0
Sep 19952,73016.18$0
Aug 19952,98315.92$0
Jul 19953,06415.24$0
Jun 19953,14216.41$0
May 19953,25017.56$0
Apr 19952,99717.73$0
Mar 19953,28616.44$0
Feb 19952,99016.58$0
Jan 19953,06815.92$0
Dec 19943,11215.03$0
Nov 19942,81415.90$0
Oct 19942,97115.58$0
Sep 19942,80615.29$0
Aug 19942,82316.13$0
Jul 19942,81417.56$0
Jun 19942,91117.09$0
May 19943,02615.88$0
Apr 19942,61514.14$0
Mar 19942,81712.46$0
Feb 19942,51012.50$0
Jan 1994012.66$0
Dec 1993012.33$0
Nov 1993014.49$0
Oct 1993015.85$0
Sep 1993015.03$0
Aug 1993015.66$0
Jul 1993015.46$0
Jun 1993016.79$0
May 1993017.68$0
Apr 1993018.05$0
Mar 1993018.14$0
Feb 1993017.90$0
Jan 1993016.93$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.

Jan 2023 — as filed, then multipliedworked
Gas                    1 Mcf  × $  3.39 =         $3

────────────────────────────────────────────────────
Month total                                       $3

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/130531 is the state's own key, not one this site invented.