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 133925District 08Field 49038639Hydrogen sulphide fieldNGPA filingGasSaveExport
Value, all time
$847 k
Jan 1993 – May 2026
Value, last 12 filed months
$8 k
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
GasProduction319,779 Mcf$846,572
Total$846,572

120,034 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 31.9180, -103.1189. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.91801, -103.11895 · 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
2,800 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 2,800 ft.

Completions filed
Feb 1990
1 of 1 wells

1 well

42-49532300882,800 ftFeb 1990

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 202530058.593.93$1,178
Oct 202546559.383.30$1,537
Sep 202545062.743.08$1,385
Aug 202546563.933.01$1,402
Jul 202546566.743.32$1,542
Jun 202545066.483.13$1,408
May 202546560.553.23$1,503
Apr 202539262.363.54$1,389
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 2023370.622.23$7
Apr 2023078.122.24$0
Mar 2023172.852.39$2
Feb 20231075.112.47$25
Jan 20238376.533.39$281
Dec 202228976.415.73$1,656
Nov 2022185.005.65$6
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 2022232109.378.43$1,956
Apr 2022640104.226.84$4,376
Mar 2022703108.885.08$3,569
Feb 202269691.054.86$3,382
Jan 202269681.844.54$3,158
Dec 202174371.323.90$2,897
Nov 202171477.435.24$3,739
Oct 202172979.795.71$4,165
Sep 202117569.865.35$936
Aug 202183766.024.22$3,533
Jul 202168570.783.98$2,728
Jun 2021069.493.38$0
May 202113963.483.02$419
Apr 202113060.362.76$359
Mar 202115361.302.72$416
Feb 202111957.805.55$660
Jan 202116550.412.81$464
Dec 202017844.642.68$476
Nov 202021838.772.71$590
Oct 20205836.972.48$144
Sep 202017037.091.99$338
Aug 202014839.982.39$353
Jul 202019738.371.83$360
Jun 202017234.901.69$291
May 202013616.921.81$247
Apr 202012814.751.80$231
Mar 202012730.341.86$236
Feb 202012549.881.98$248
Jan 202014357.252.09$300
Dec 201913759.012.30$316
Nov 201913455.302.75$369
Oct 2019053.472.42$0
Sep 201910155.052.66$268
Aug 201911153.112.30$256
Jul 201911056.272.46$271
Jun 201917552.782.49$436
May 201918758.482.74$512
Apr 201919462.632.75$534
Mar 201919056.803.06$582
Feb 201917050.852.79$475
Jan 201920246.033.23$652
Dec 201815546.594.19$649
Nov 201819552.934.24$826
Oct 201816461.443.40$557
Sep 201815259.543.11$472
Aug 201817759.403.07$543
Jul 201819165.142.93$560
Jun 201820060.183.08$615
May 201819665.382.90$569
Apr 201820263.842.90$586
Mar 201821561.222.79$599
Feb 201816161.782.77$445
Jan 201815762.874.01$629
Dec 201719457.272.92$567
Nov 201719755.423.12$614
Oct 201711449.292.98$340
Sep 201714847.523.09$457
Aug 201716645.373.00$499
Jul 201713343.873.09$411
Jun 20175342.493.09$164
May 20178445.373.26$274
Apr 201712747.933.21$408
Mar 20176446.772.98$191
Feb 201714750.452.95$434
Jan 201719349.413.42$660
Dec 201617748.763.72$659
Nov 201619142.492.64$505
Oct 201623046.193.09$711
Sep 201624841.553.10$769
Aug 201623641.442.92$690
Jul 201624841.622.92$725
Jun 201623245.352.69$623
May 201622442.521.99$446
Apr 201621436.561.99$426
Mar 201621133.011.79$379
Feb 201614326.472.06$295
Jan 201619027.352.36$449
Dec 201518932.362.00$378
Nov 201518538.792.17$401
Oct 201521443.552.43$519
Sep 201531142.992.76$858
Aug 2015040.162.87$0
Jul 201518648.152.95$548
Jun 201525956.152.88$747
May 201526955.212.96$795
Apr 201538549.822.71$1,042
Mar 201538942.892.93$1,142
Feb 201537444.662.98$1,113
Jan 201538043.433.10$1,178
Dec 201434254.693.59$1,228
Nov 201442170.464.25$1,790
Oct 201446878.303.90$1,826
Sep 201433086.164.05$1,335
Aug 201452789.394.04$2,127
Jul 201445496.564.18$1,898
Jun 201444498.164.74$2,103
May 201445694.734.73$2,155
Apr 201442195.944.81$2,025
Mar 201444795.895.06$2,260
Feb 201441097.406.19$2,539
Jan 201445690.404.86$2,216
Dec 201342391.824.35$1,842
Nov 201332688.853.74$1,219
Oct 201317797.423.78$669
Sep 2013357104.113.72$1,327
Aug 2013476104.253.52$1,677
Jul 2013396102.523.72$1,472
Jun 201344594.403.93$1,750
May 201345594.834.15$1,888
Apr 201349893.964.28$2,133
Mar 201348893.623.91$1,909
Feb 201357491.233.42$1,963
Jan 201367691.603.42$2,312
Dec 201260986.773.42$2,083
Nov 201244986.953.62$1,628
Oct 201224189.383.40$819
Sep 201245194.672.92$1,316
Aug 201255592.662.91$1,614
Jul 201252985.133.02$1,598
Jun 20125179.822.52$128
May 20123491.612.49$85
Apr 2012586101.652.00$1,170
Mar 2012558105.052.22$1,240
Feb 2012512101.102.57$1,316
Jan 201258798.092.73$1,605
Dec 201142096.873.24$1,361
Nov 201137995.723.31$1,255
Oct 201148784.983.65$1,777
Sep 201143183.623.99$1,718
Aug 201118383.404.15$759
Jul 201121194.144.52$953
Jun 201148392.904.64$2,241
May 201172798.134.40$3,202
Apr 2011734105.964.33$3,181
Mar 201165096.364.06$2,637
Feb 201111885.644.18$493
Jan 201158886.504.59$2,698
Dec 201088085.734.35$3,826
Nov 201080280.843.80$3,044
Oct 201081178.103.51$2,846
Sep 201080472.633.98$3,199
Aug 201086073.684.42$3,801
Jul 201053172.554.74$2,515
Jun 201045970.364.91$2,254
May 201053871.124.24$2,279
Apr 201056781.694.12$2,338
Mar 201052478.394.39$2,300
Feb 201054473.585.44$2,961
Jan 201069374.365.96$4,133
Dec 200970071.445.48$3,839
Nov 200967574.593.75$2,532
Oct 20091,14972.544.11$4,723
Sep 200920265.543.06$619
Aug 20097667.423.22$245
Jul 200936561.133.46$1,265
Jun 200965366.163.90$2,543
May 200959454.743.93$2,332
Apr 200952446.773.59$1,880
Mar 200954742.144.06$2,220
Feb 200955932.814.63$2,590
Jan 200956635.865.37$3,040
Dec 200897437.105.98$5,822
Nov 200893655.496.86$6,421
Oct 200874975.246.92$5,185
Sep 2008295101.767.88$2,324
Aug 2008505114.228.48$4,284
Jul 2008513131.0811.39$5,843
Jun 2008505131.3313.03$6,581
May 2008534123.1711.57$6,181
Apr 2008495110.3110.45$5,175
Mar 2008548101.909.66$5,296
Feb 200847292.538.77$4,140
Jan 200862790.388.21$5,145
Dec 200770388.337.30$5,133
Nov 200730491.677.29$2,217
Oct 200756582.856.92$3,911
Sep 200764575.846.24$4,027
Aug 200749969.066.39$3,188
Jul 200760170.906.39$3,839
Jun 200759262.007.55$4,469
May 200769458.747.85$5,445
Apr 200750059.617.81$3,903
Mar 200751456.927.30$3,753
Feb 200750255.108.22$4,124
Jan 200767650.306.73$4,547
Dec 200647356.656.92$3,272
Nov 200666454.207.62$5,058
Oct 200650454.906.01$3,031
Sep 200647960.085.04$2,413
Aug 200656368.717.34$4,132
Jul 200667969.376.34$4,307
Jun 200630066.286.38$1,915
May 200656966.016.42$3,656
Apr 200656364.397.36$4,144
Mar 200660956.707.08$4,314
Feb 200654057.597.75$4,186
Jan 200657860.598.93$5,163
Dec 200558354.9413.42$7,821
Nov 200562754.6910.59$6,639
Oct 200570458.3413.80$9,712
Sep 200558861.4512.08$7,102
Aug 200575361.519.80$7,377
Jul 200570055.697.84$5,491
Jun 200575352.337.38$5,558
May 200575445.226.65$5,015
Apr 200561549.207.36$4,527
Mar 200578650.377.15$5,624
Feb 200574145.226.31$4,677
Jan 200575143.166.32$4,748
Dec 200481839.866.75$5,522
Nov 200476845.286.33$4,862
Oct 200482749.706.52$5,388
Sep 200479943.245.28$4,222
Aug 200482542.375.55$4,579
Jul 200482138.286.08$4,995
Jun 200479336.106.43$5,101
May 200472937.486.49$4,735
Apr 200475934.475.86$4,447
Mar 200493034.365.53$5,143
Feb 200492732.455.51$5,107
Jan 200495932.036.30$6,041
Dec 200395030.266.30$5,987
Nov 200392428.804.60$4,246
Oct 200396528.174.76$4,593
Sep 200389826.314.75$4,265
Aug 20031,03129.765.13$5,289
Jul 20031,01029.415.17$5,223
Jun 200384028.565.98$5,026
May 200381826.595.97$4,886
Apr 200350526.675.41$2,731
Mar 200358631.146.10$3,572
Feb 200362833.487.93$4,977
Jan 200396930.315.58$5,409
Dec 200286226.914.85$4,184
Nov 200281624.664.14$3,376
Oct 200295926.464.23$4,056
Sep 20021,16827.443.64$4,246
Aug 20021,30225.963.16$4,120
Jul 20021,00224.583.06$3,068
Jun 20021,42323.733.34$4,750
May 200287924.663.58$3,150
Apr 20021,16723.653.51$4,099
Mar 20021,39122.003.10$4,316
Feb 20021,15618.222.38$2,746
Jan 200230917.172.38$734
Dec 200186616.932.36$2,048
Nov 200197518.072.41$2,345
Oct 20011,09519.782.53$2,769
Sep 20011,23024.262.25$2,769
Aug 200165024.873.05$1,985
Jul 20011,07623.933.20$3,440
Jun 20011,22024.563.82$4,665
May 20011,27025.524.31$5,470
Apr 20012924.685.34$155
Mar 20011,14424.545.38$6,151
Feb 200189927.755.77$5,185
Jan 20011,09027.478.40$9,155
Dec 200094426.889.12$8,612
Nov 200070232.215.66$3,972
Oct 200098231.235.15$5,053
Sep 200085331.875.19$4,424
Aug 200077729.644.54$3,528
Jul 200089328.534.09$3,652
Jun 20001,01429.304.40$4,459
May 20001,49127.263.68$5,487
Apr 20001,15924.513.12$3,611
Mar 200099228.422.86$2,837
Feb 200092427.622.73$2,519
Jan 200049925.272.48$1,238
Dec 199946324.282.42$1,122
Nov 19991,27123.192.43$3,094
Oct 19991,41420.982.80$3,964
Sep 19991,24421.752.62$3,258
Aug 19991,44219.262.88$4,147
Jul 19991,36117.892.37$3,229
Jun 19991,29315.942.36$3,054
May 19991,35315.792.32$3,140
Apr 19991,51715.102.21$3,350
Mar 19991,47112.471.84$2,704
Feb 19991,3779.981.82$2,503
Jan 19991,37210.381.90$2,607
Dec 19981,5889.201.77$2,816
Nov 19981,59910.892.19$3,495
Oct 19981,58912.421.97$3,129
Sep 19981,53412.592.08$3,195
Aug 19981,60711.301.91$3,065
Jul 19981,59811.742.24$3,575
Jun 19981,48811.242.24$3,329
May 19981,71712.622.21$3,788
Apr 19981,73013.042.51$4,334
Mar 19981,72112.802.31$3,975
Feb 19981,90013.952.30$4,368
Jan 19981,27714.702.15$2,752
Dec 19971,70716.322.41$4,116
Nov 19971,66518.193.09$5,142
Oct 19971,82219.253.15$5,739
Sep 19971,76917.742.95$5,227
Aug 19971,60217.862.55$4,093
Jul 19971,69117.582.25$3,800
Jun 19971,53217.242.26$3,458
May 19971,79518.972.31$4,144
Apr 19971,87117.882.08$3,897
Mar 19971,92518.951.94$3,733
Feb 19971,38920.492.21$3,064
Jan 19971,90123.483.54$6,729
Dec 19961,90523.32$0
Nov 19961,97121.97$0
Oct 19962,07023.31$0
Sep 19961,90322.22$0
Aug 19961,64220.26$0
Jul 19961,55919.55$0
Jun 19961,80418.73$0
May 19961,82119.43$0
Apr 19962,00921.51$0
Mar 19961,91419.38$0
Feb 19961,80116.98$0
Jan 19962,00617.07$0
Dec 19951,81017.19$0
Nov 19952,09116.00$0
Oct 19951,99815.43$0
Sep 19951,84516.18$0
Aug 19951,95115.92$0
Jul 19952,48315.24$0
Jun 19952,54316.41$0
May 19952,67217.56$0
Apr 19952,46417.73$0
Mar 19952,56816.44$0
Feb 19952,36416.58$0
Jan 19952,59815.92$0
Dec 19942,63615.03$0
Nov 19942,66915.90$0
Oct 19942,77215.58$0
Sep 19942,45915.29$0
Aug 19942,72416.13$0
Jul 19942,79317.56$0
Jun 19942,87517.09$0
May 19942,96815.88$0
Apr 19942,71414.14$0
Mar 19943,00312.46$0
Feb 19942,99412.50$0
Jan 19943,19912.66$0
Dec 19933,12412.33$0
Nov 19932,18614.49$0
Oct 19932,14215.85$0
Sep 19932,30815.03$0
Aug 19932,46415.66$0
Jul 19932,41515.46$0
Jun 19933,13216.79$0
May 19933,68417.68$0
Apr 19933,48618.05$0
Mar 19933,84418.14$0
Feb 19933,60017.90$0
Jan 19934,05116.93$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.

Nov 2025 — as filed, then multipliedworked
Gas                  300 Mcf  × $  3.93 =     $1,178

────────────────────────────────────────────────────
Month total                                   $1,178

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/133925 is the state's own key, not one this site invented.