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 134801District 08Field 49038639Hydrogen sulphide fieldNGPA filingGasSaveExport
Value, all time
$172 k
Jan 1993 – May 2026
Value, last 12 filed months
$0
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
GasProduction44,726 Mcf$171,885
Total$171,885

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 31.9509, -103.1444. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.95086, -103.14439 · 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
2,950 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 2,950 ft.

Completions filed
Mar 1990
1 of 1 wells

1 well

42-495322983462,950 ftMar 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 2025058.593.93$0
Oct 2025059.383.30$0
Sep 2025062.743.08$0
Aug 2025063.933.01$0
Jul 2025066.743.32$0
Jun 2025066.483.13$0
May 2025060.553.23$0
Apr 2025062.363.54$0
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 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 202135470.783.98$1,410
Jun 2021069.493.38$0
May 202127763.483.02$836
Apr 202126160.362.76$720
Mar 202130661.302.72$831
Feb 202123857.805.55$1,320
Jan 202132950.412.81$925
Dec 202035644.642.68$952
Nov 202043638.772.71$1,180
Oct 202011636.972.48$288
Sep 202034037.091.99$677
Aug 202029639.982.39$706
Jul 202039438.371.83$719
Jun 202034534.901.69$583
May 202027216.921.81$494
Apr 202025614.751.80$462
Mar 202025430.341.86$471
Feb 202025049.881.98$495
Jan 202028557.252.09$597
Dec 201927559.012.30$634
Nov 201926855.302.75$737
Oct 2019053.472.42$0
Sep 201920155.052.66$534
Aug 201922253.112.30$512
Jul 201922056.272.46$541
Jun 201935152.782.49$874
May 201937358.482.74$1,022
Apr 201938762.632.75$1,065
Mar 201938156.803.06$1,167
Feb 201933950.852.79$947
Jan 201940546.033.23$1,307
Dec 201831046.594.19$1,297
Nov 201839152.934.24$1,657
Oct 201832861.443.40$1,115
Sep 201830559.543.11$948
Aug 201835359.403.07$1,083
Jul 201838265.142.93$1,120
Jun 201839960.183.08$1,228
May 201839265.382.90$1,137
Apr 201840563.842.90$1,175
Mar 201843061.222.79$1,198
Feb 201832361.782.77$893
Jan 201831562.874.01$1,263
Dec 201738957.272.92$1,136
Nov 201739555.423.12$1,232
Oct 201722749.292.98$677
Sep 201729747.523.09$917
Aug 201733245.373.00$997
Jul 201726643.873.09$821
Jun 201710542.493.09$324
May 201716745.373.26$545
Apr 201725347.933.21$813
Mar 201712946.772.98$385
Feb 201729450.452.95$868
Jan 201738649.413.42$1,320
Dec 201635448.763.72$1,318
Nov 201638342.492.64$1,013
Oct 201645946.193.09$1,418
Sep 201649741.553.10$1,541
Aug 201647341.442.92$1,383
Jul 201649641.622.92$1,450
Jun 201646545.352.69$1,249
May 201644842.521.99$892
Apr 201643036.561.99$856
Mar 201642133.011.79$755
Feb 201628726.472.06$592
Jan 201638127.352.36$901
Dec 201537932.362.00$759
Nov 201537038.792.17$802
Oct 201542943.552.43$1,041
Sep 201545042.992.76$1,241
Aug 201545140.162.87$1,295
Jul 201535948.152.95$1,057
Jun 201527356.152.88$787
May 201528455.212.96$839
Apr 201540649.822.71$1,099
Mar 201541142.892.93$1,206
Feb 201539544.662.98$1,176
Jan 201540243.433.10$1,246
Dec 201436254.693.59$1,300
Nov 201445970.464.25$1,952
Oct 201452778.303.90$2,056
Sep 201437386.164.05$1,509
Aug 201459189.394.04$2,385
Jul 201450696.564.18$2,115
Jun 201425298.164.74$1,194
May 201420194.734.73$950
Apr 201422895.944.81$1,096
Mar 201424295.895.06$1,224
Feb 201422297.406.19$1,375
Jan 201424790.404.86$1,201
Dec 201322991.824.35$997
Nov 201317688.853.74$658
Oct 20139697.423.78$363
Sep 2013177104.113.72$658
Aug 2013237104.253.52$835
Jul 2013204102.523.72$758
Jun 201322894.403.93$897
May 201323394.834.15$967
Apr 201316693.964.28$711
Mar 201317793.623.91$693
Feb 201314991.233.42$510
Jan 201318691.603.42$636
Dec 201213486.773.42$458
Nov 201216986.953.62$613
Oct 201211789.383.40$398
Sep 201212594.672.92$365
Aug 201213392.662.91$387
Jul 20127585.133.02$227
Jun 20124279.822.52$106
May 2012791.612.49$17
Apr 2012129101.652.00$258
Mar 2012122105.052.22$271
Feb 2012112101.102.57$288
Jan 201212998.092.73$353
Dec 20119296.873.24$298
Nov 20118395.723.31$275
Oct 201110684.983.65$387
Sep 201114683.623.99$582
Aug 201111083.404.15$456
Jul 20115594.144.52$248
Jun 201112692.904.64$585
May 201118998.134.40$833
Apr 2011191105.964.33$828
Mar 201116996.364.06$686
Feb 20116985.644.18$288
Jan 201112386.504.59$564
Dec 201015985.734.35$691
Nov 201014580.843.80$550
Oct 201014678.103.51$512
Sep 201014572.633.98$577
Aug 201015573.684.42$685
Jul 201015672.554.74$739
Jun 201016570.364.91$810
May 201019471.124.24$822
Apr 201020481.694.12$841
Mar 201018978.394.39$829
Feb 201018173.585.44$985
Jan 201018874.365.96$1,121
Dec 200918871.445.48$1,031
Nov 200918274.593.75$683
Oct 200919072.544.11$781
Sep 200916265.543.06$496
Aug 20097367.423.22$235
Jul 200910261.133.46$353
Jun 200918266.163.90$709
May 200917454.743.93$683
Apr 200912246.773.59$438
Mar 200912742.144.06$515
Feb 200911632.814.63$537
Jan 200913935.865.37$747
Dec 200813037.105.98$777
Nov 200812155.496.86$830
Oct 20089775.246.92$671
Sep 200850101.767.88$394
Aug 2008132114.228.48$1,120
Jul 2008150131.0811.39$1,708
Jun 2008141131.3313.03$1,838
May 2008149123.1711.57$1,725
Apr 2008141110.3110.45$1,474
Mar 2008124101.909.66$1,198
Feb 20088692.538.77$754
Jan 20089790.388.21$796
Dec 20079388.337.30$679
Nov 20078391.677.29$605
Oct 200710682.856.92$734
Sep 20079775.846.24$606
Aug 20077769.066.39$492
Jul 20079770.906.39$620
Jun 200712762.007.55$959
May 200713758.747.85$1,075
Apr 200713359.617.81$1,038
Mar 200712056.927.30$876
Feb 20076155.108.22$501
Jan 200711650.306.73$780
Dec 20066056.656.92$415
Nov 200613454.207.62$1,021
Oct 200610454.906.01$625
Sep 20069360.085.04$468
Aug 200610568.717.34$771
Jul 200611469.376.34$723
Jun 20067366.286.38$466
May 200610066.016.42$643
Apr 20069464.397.36$692
Mar 200612756.707.08$900
Feb 200610557.597.75$814
Jan 200611260.598.93$1,001
Dec 2005854.9413.42$107
Nov 200516954.6910.59$1,789
Oct 200515458.3413.80$2,125
Sep 200514261.4512.08$1,715
Aug 2005061.519.80$0
Jul 200525355.697.84$1,984
Jun 200524452.337.38$1,801
May 200529945.226.65$1,989
Apr 2005049.207.36$0
Mar 200519750.377.15$1,410
Feb 200524445.226.31$1,540
Jan 2005043.166.32$0
Dec 2004039.866.75$0
Nov 2004045.286.33$0
Oct 2004049.706.52$0
Sep 2004043.245.28$0
Aug 2004042.375.55$0
Jul 2004038.286.08$0
Jun 2004036.106.43$0
May 2004037.486.49$0
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 1996017.07$0
Dec 1995017.19$0
Nov 1995016.00$0
Oct 1995015.43$0
Sep 1995016.18$0
Aug 1995015.92$0
Jul 1995015.24$0
Jun 1995016.41$0
May 1995017.56$0
Apr 1995017.73$0
Mar 1995016.44$0
Feb 1995016.58$0
Jan 1995015.92$0
Dec 1994015.03$0
Nov 1994015.90$0
Oct 1994015.58$0
Sep 1994015.29$0
Aug 1994016.13$0
Jul 1994017.56$0
Jun 1994017.09$0
May 1994015.88$0
Apr 1994014.14$0
Mar 1994012.46$0
Feb 1994012.50$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/134801 is the state's own key, not one this site invented.