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 131342District 08Field 49038639Hydrogen sulphide fieldGasSaveExport
Value, all time
$560 k
Jan 1993 – Apr 2025
Value, last 12 filed months
$106
at the published price for each month
Months reported
388
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

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
GasProduction203,751 Mcf$559,952
Total$559,952

44,834 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 31.9298, -103.1158. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.92976, -103.11585 · 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
2,710 ft
1 wells filed one
Completion to plug
35.8 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 2,710 ft.

Completions filed
Jun 1989
1 of 1 wells
Plug dates filed
Apr 2025
1 of 1 wells

Last completion to plug: a median of 35.8 years across the 1 well that filed both dates, with the middle half between 35.8 years and 35.8 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-49532237872,710 ftJun 1989Apr 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 (388)

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

388 months

Apr 20253062.363.54$106
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 2022687.185.86$35
Sep 20223084.888.16$245
Aug 20223294.529.13$292
Jul 202260101.587.54$453
Jun 202253115.097.98$423
May 202257109.378.43$481
Apr 202238104.226.84$260
Mar 202241108.885.08$208
Feb 20224191.054.86$199
Jan 20224181.844.54$186
Dec 20214471.323.90$172
Nov 20214277.435.24$220
Oct 20214379.795.71$246
Sep 20211069.865.35$54
Aug 20214966.024.22$207
Jul 202145970.783.98$1,828
Jun 2021069.493.38$0
May 202188763.483.02$2,677
Apr 202183360.362.76$2,298
Mar 202197761.302.72$2,654
Feb 202176157.805.55$4,222
Jan 20211,05350.412.81$2,959
Dec 20201,13944.642.68$3,047
Nov 20201,39338.772.71$3,770
Oct 202037136.972.48$920
Sep 20201,08837.091.99$2,166
Aug 202094739.982.39$2,259
Jul 20201,26138.371.83$2,301
Jun 20201,10234.901.69$1,863
May 202087116.921.81$1,581
Apr 202081714.751.80$1,474
Mar 202081330.341.86$1,509
Feb 202079849.881.98$1,581
Jan 202091257.252.09$1,910
Dec 201987859.012.30$2,023
Nov 201985755.302.75$2,357
Oct 2019053.472.42$0
Sep 201964455.052.66$1,711
Aug 201970953.112.30$1,634
Jul 201970356.272.46$1,729
Jun 20191,12252.782.49$2,795
May 20191,19558.482.74$3,275
Apr 20191,23962.632.75$3,408
Mar 20191,21856.803.06$3,730
Feb 20191,08550.852.79$3,030
Jan 20191,29546.033.23$4,180
Dec 201899246.594.19$4,152
Nov 20181,24952.934.24$5,292
Oct 20181,04961.443.40$3,565
Sep 201897559.543.11$3,030
Aug 20181,13059.403.07$3,465
Jul 20181,22265.142.93$3,583
Jun 20181,27760.183.08$3,929
May 20181,25265.382.90$3,632
Apr 20181,29463.842.90$3,754
Mar 20181,37661.222.79$3,835
Feb 20181,03261.782.77$2,855
Jan 20181,00662.874.01$4,033
Dec 20171,24457.272.92$3,634
Nov 20171,26355.423.12$3,938
Oct 201772849.292.98$2,172
Sep 201794947.523.09$2,930
Aug 20171,06345.373.00$3,194
Jul 201784943.873.09$2,621
Jun 201733742.493.09$1,040
May 201753545.373.26$1,746
Apr 201781047.933.21$2,601
Mar 201741146.772.98$1,226
Feb 201794150.452.95$2,778
Jan 20171,23449.413.42$4,219
Dec 20161,13348.763.72$4,218
Nov 20161,22442.492.64$3,237
Oct 20161,46946.193.09$4,540
Sep 20161,58941.553.10$4,927
Aug 20161,51141.442.92$4,419
Jul 20161,58741.622.92$4,641
Jun 20161,48645.352.69$3,991
May 20161,43342.521.99$2,853
Apr 20161,37336.561.99$2,734
Mar 20161,34833.011.79$2,418
Feb 201691826.472.06$1,894
Jan 20161,21727.352.36$2,877
Dec 20151,21132.362.00$2,424
Nov 20151,18238.792.17$2,562
Oct 20151,37143.552.43$3,327
Sep 201576842.992.76$2,118
Aug 2015040.162.87$0
Jul 201566048.152.95$1,944
Jun 201591756.152.88$2,644
May 201595555.212.96$2,822
Apr 20151,36349.822.71$3,689
Mar 20151,37942.892.93$4,047
Feb 20151,32644.662.98$3,946
Jan 20151,34843.433.10$4,180
Dec 20141,21454.693.59$4,360
Nov 20141,55970.464.25$6,629
Oct 20141,75778.303.90$6,854
Sep 20141,23486.164.05$4,992
Aug 20141,97389.394.04$7,961
Jul 20141,69796.564.18$7,093
Jun 20141,62898.164.74$7,712
May 20141,76294.734.73$8,328
Apr 20142,30995.944.81$11,104
Mar 20142,46195.895.06$12,445
Feb 20142,25297.406.19$13,944
Jan 20142,51090.404.86$12,200
Dec 20132,32791.824.35$10,133
Nov 20131,79388.853.74$6,703
Oct 201397397.423.78$3,677
Sep 20132,003104.113.72$7,447
Aug 20131,928104.253.52$6,792
Jul 2013157102.523.72$584
Jun 201317694.403.93$692
May 201317994.834.15$743
Apr 201315393.964.28$655
Mar 201314393.623.91$560
Feb 201314991.233.42$510
Jan 201316291.603.42$554
Dec 201215586.773.42$530
Nov 20129286.953.62$334
Oct 20123789.383.40$126
Sep 20129594.672.92$277
Aug 201212792.662.91$369
Jul 20128485.133.02$254
Jun 2012079.822.52$0
May 20121091.612.49$25
Apr 2012168101.652.00$335
Mar 2012160105.052.22$356
Feb 2012147101.102.57$378
Jan 201216898.092.73$459
Dec 201112096.873.24$389
Nov 201110995.723.31$361
Oct 201114084.983.65$511
Sep 201110683.623.99$422
Aug 2011083.404.15$0
Jul 20116094.144.52$271
Jun 201113792.904.64$636
May 201120798.134.40$912
Apr 2011209105.964.33$906
Mar 201118596.364.06$751
Feb 20115985.644.18$247
Jan 201113186.504.59$601
Dec 201012885.734.35$557
Nov 201011680.843.80$440
Oct 201011878.103.51$414
Sep 201011772.633.98$466
Aug 201012573.684.42$552
Jul 201011172.554.74$526
Jun 20109770.364.91$476
May 201011271.124.24$474
Apr 201010481.694.12$429
Mar 201010778.394.39$470
Feb 201014573.585.44$789
Jan 201015174.365.96$901
Dec 200920371.445.48$1,113
Nov 200924274.593.75$908
Oct 200922072.544.11$904
Sep 2009065.543.06$0
Aug 2009067.423.22$0
Jul 20096361.133.46$218
Jun 200911366.163.90$440
May 200910754.743.93$420
Apr 200910746.773.59$384
Mar 200911442.144.06$463
Feb 200913132.814.63$607
Jan 200914935.865.37$800
Dec 200814437.105.98$861
Nov 200813555.496.86$926
Oct 200810875.246.92$748
Sep 200845101.767.88$354
Aug 2008114114.228.48$967
Jul 2008120131.0811.39$1,367
Jun 2008110131.3313.03$1,434
May 2008117123.1711.57$1,354
Apr 2008120110.3110.45$1,255
Mar 2008140101.909.66$1,353
Feb 200813092.538.77$1,140
Jan 200817190.388.21$1,403
Dec 200719788.337.30$1,438
Nov 20076891.677.29$496
Oct 200714182.856.92$976
Sep 200714875.846.24$924
Aug 20078369.066.39$530
Jul 200711970.906.39$760
Jun 200711562.007.55$868
May 200715058.747.85$1,177
Apr 200712759.617.81$991
Mar 200711156.927.30$811
Feb 200712355.108.22$1,011
Jan 200714150.306.73$948
Dec 200610956.656.92$754
Nov 200613154.207.62$998
Oct 200612054.906.01$722
Sep 200610360.085.04$519
Aug 200611868.717.34$866
Jul 200612769.376.34$806
Jun 20064666.286.38$294
May 200610966.016.42$700
Apr 200612464.397.36$913
Mar 200615556.707.08$1,098
Feb 200613857.597.75$1,070
Jan 200614860.598.93$1,322
Dec 200517254.9413.42$2,307
Nov 200524254.6910.59$2,562
Oct 200523458.3413.80$3,228
Sep 200511861.4512.08$1,425
Aug 20058461.519.80$823
Jul 200516855.697.84$1,318
Jun 200516252.337.38$1,196
May 200513845.226.65$918
Apr 20055249.207.36$383
Mar 200520850.377.15$1,488
Feb 200518745.226.31$1,180
Jan 200520443.166.32$1,290
Dec 200422039.866.75$1,485
Nov 200423945.286.33$1,513
Oct 200422249.706.52$1,446
Sep 200424643.245.28$1,300
Aug 200424842.375.55$1,377
Jul 200426838.286.08$1,631
Jun 200423636.106.43$1,518
May 200422537.486.49$1,461
Apr 200422834.475.86$1,336
Mar 200429734.365.53$1,642
Feb 200429632.455.51$1,631
Jan 200430732.036.30$1,934
Dec 200330030.266.30$1,890
Nov 200332728.804.60$1,503
Oct 200333128.174.76$1,575
Sep 200331026.314.75$1,472
Aug 200342029.765.13$2,154
Jul 200336429.415.17$1,882
Jun 200334028.565.98$2,034
May 2003026.595.97$0
Apr 20036126.675.41$330
Mar 20036131.146.10$372
Feb 200320233.487.93$1,601
Jan 200341030.315.58$2,289
Dec 200236126.914.85$1,752
Nov 200224624.664.14$1,018
Oct 200232626.464.23$1,379
Sep 200241027.443.64$1,490
Aug 200251225.963.16$1,620
Jul 200222524.583.06$689
Jun 200234123.733.34$1,138
May 200230324.663.58$1,086
Apr 200240223.653.51$1,412
Mar 200249322.003.10$1,530
Feb 200244618.222.38$1,060
Jan 200212817.172.38$304
Dec 200119816.932.36$468
Nov 200129418.072.41$707
Oct 200137019.782.53$936
Sep 200142024.262.25$946
Aug 200148724.873.05$1,487
Jul 200136123.933.20$1,154
Jun 200126024.563.82$994
May 200124025.524.31$1,034
Apr 200122824.685.34$1,216
Mar 200146424.545.38$2,495
Feb 200123527.755.77$1,355
Jan 200125927.478.40$2,175
Dec 200027326.889.12$2,490
Nov 200010532.215.66$594
Oct 200015731.235.15$808
Sep 20001631.875.19$83
Aug 2000029.644.54$0
Jul 200012128.534.09$495
Jun 200018929.304.40$831
May 200050627.263.68$1,862
Apr 200038524.513.12$1,200
Mar 200032928.422.86$941
Feb 200032227.622.73$878
Jan 200017425.272.48$432
Dec 199919024.282.42$461
Nov 199944423.192.43$1,081
Oct 199919020.982.80$533
Sep 199935721.752.62$935
Aug 199921119.262.88$607
Jul 199931517.892.37$747
Jun 199932715.942.36$772
May 199934415.792.32$798
Apr 199944015.102.21$972
Mar 199944012.471.84$809
Feb 19994639.981.82$842
Jan 199936110.381.90$686
Dec 19985529.201.77$979
Nov 199852710.892.19$1,152
Oct 199852012.421.97$1,024
Sep 199849212.592.08$1,025
Aug 199848511.301.91$925
Jul 199853511.742.24$1,197
Jun 199844411.242.24$993
May 199854612.622.21$1,205
Apr 199852613.042.51$1,318
Mar 199849912.802.31$1,152
Feb 199861413.952.30$1,412
Jan 199832314.702.15$696
Dec 199746616.322.41$1,124
Nov 199742418.193.09$1,309
Oct 199755519.253.15$1,748
Sep 199757917.742.95$1,711
Aug 199766017.862.55$1,686
Jul 199762017.582.25$1,393
Jun 199749317.242.26$1,113
May 199764318.972.31$1,484
Apr 199777517.882.08$1,614
Mar 199735718.951.94$692
Feb 199744620.492.21$984
Jan 199752123.483.54$1,844
Dec 199662523.32$0
Nov 199673021.97$0
Oct 199678923.31$0
Sep 199679522.22$0
Aug 199685520.26$0
Jul 199661019.55$0
Jun 199672218.73$0
May 199670419.43$0
Apr 199676821.51$0
Mar 199692419.38$0
Feb 199678616.98$0
Jan 199699317.07$0
Dec 199596217.19$0
Nov 199581216.00$0
Oct 199572915.43$0
Sep 199573816.18$0
Aug 199565215.92$0
Jul 199569115.24$0
Jun 199567016.41$0
May 199590217.56$0
Apr 199583217.73$0
Mar 199589416.44$0
Feb 199589516.58$0
Jan 199594015.92$0
Dec 199495315.03$0
Nov 199498015.90$0
Oct 19941,13415.58$0
Sep 19941,08515.29$0
Aug 19941,13516.13$0
Jul 19941,22017.56$0
Jun 19941,13617.09$0
May 19941,18215.88$0
Apr 19941,13614.14$0
Mar 19941,23312.46$0
Feb 19941,18112.50$0
Jan 19941,18012.66$0
Dec 19931,19312.33$0
Nov 199392614.49$0
Oct 199380115.85$0
Sep 199369815.03$0
Aug 199381115.66$0
Jul 199386015.46$0
Jun 19931,10716.79$0
May 19931,19517.68$0
Apr 19931,13218.05$0
Mar 19931,02718.14$0
Feb 19931,11317.90$0
Jan 19931,39816.93$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 2025 — as filed, then multipliedworked
Gas                   30 Mcf  × $  3.54 =       $106

────────────────────────────────────────────────────
Month total                                     $106

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/131342 is the state's own key, not one this site invented.