WALTON, J.B. AC/2

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 150252District 08Field 49038639Hydrogen sulphide fieldGasSaveExport
Value, all time
$578 k
Mar 1994 – May 2026
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

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
GasProduction243,749 Mcf$577,826
Total$577,826

107,110 Mcf of this lease's gas, across 34 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 31.9356, -103.1297. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.93557, -103.12969 · 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
3,282 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 3,282 ft.

Completions filed
Mar 1994
1 of 1 wells

1 well

42-495030951983,282 ftMar 1994

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

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 2023770.622.23$16
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 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 20220109.378.43$0
Apr 20220104.226.84$0
Mar 2022620108.885.08$3,147
Feb 202261491.054.86$2,983
Jan 202261481.844.54$2,786
Dec 202165571.323.90$2,554
Nov 202163077.435.24$3,299
Oct 202164379.795.71$3,674
Sep 202115569.865.35$829
Aug 202173966.024.22$3,119
Jul 202115270.783.98$605
Jun 2021069.493.38$0
May 202120263.483.02$610
Apr 202119060.362.76$524
Mar 202122361.302.72$606
Feb 202117457.805.55$965
Jan 202124050.412.81$674
Dec 202026044.642.68$696
Nov 202031838.772.71$861
Oct 20208536.972.48$211
Sep 202024837.091.99$494
Aug 202021639.982.39$515
Jul 202028838.371.83$526
Jun 202025234.901.69$426
May 202019916.921.81$361
Apr 202018714.751.80$337
Mar 202018630.341.86$345
Feb 202018249.881.98$360
Jan 202020857.252.09$436
Dec 201920059.012.30$461
Nov 201919555.302.75$536
Oct 2019053.472.42$0
Sep 201914755.052.66$391
Aug 201916253.112.30$373
Jul 201916056.272.46$394
Jun 201925652.782.49$638
May 201927358.482.74$748
Apr 201928362.632.75$778
Mar 201927856.803.06$851
Feb 201924850.852.79$692
Jan 201929646.033.23$956
Dec 201822646.594.19$946
Nov 201828552.934.24$1,208
Oct 201823961.443.40$812
Sep 201816059.543.11$497
Aug 20181559.403.07$46
Jul 20181665.142.93$47
Jun 20181760.183.08$52
May 20181765.382.90$49
Apr 20181763.842.90$49
Mar 20181861.222.79$50
Feb 20181461.782.77$39
Jan 20181362.874.01$52
Dec 20171657.272.92$47
Nov 20171755.423.12$53
Oct 20171049.292.98$30
Sep 20171347.523.09$40
Aug 20171445.373.00$42
Jul 20171143.873.09$34
Jun 2017442.493.09$12
May 2017745.373.26$23
Apr 20171147.933.21$35
Mar 2017546.772.98$15
Feb 20171250.452.95$35
Jan 20171649.413.42$55
Dec 20161548.763.72$56
Nov 20161642.492.64$42
Oct 20161946.193.09$59
Sep 20162141.553.10$65
Aug 20162041.442.92$58
Jul 20162141.622.92$61
Jun 20162045.352.69$54
May 20161942.521.99$38
Apr 20161836.561.99$36
Mar 20161833.011.79$32
Feb 20161226.472.06$25
Jan 20161627.352.36$38
Dec 20151632.362.00$32
Nov 20151638.792.17$35
Oct 20151843.552.43$44
Sep 20151942.992.76$52
Aug 20151940.162.87$55
Jul 20151548.152.95$44
Jun 20151256.152.88$35
May 20151255.212.96$35
Apr 20151749.822.71$46
Mar 20151742.892.93$50
Feb 201514444.662.98$429
Jan 201517443.433.10$540
Dec 201415654.693.59$560
Nov 201419870.464.25$842
Oct 201422578.303.90$878
Sep 201415986.164.05$643
Aug 201425089.394.04$1,009
Jul 201421096.564.18$878
Jun 20144098.164.74$189
May 20148794.734.73$411
Apr 201449495.944.81$2,376
Mar 201452695.895.06$2,660
Feb 201448297.406.19$2,985
Jan 201453790.404.86$2,610
Dec 201349891.824.35$2,169
Nov 201338488.853.74$1,436
Oct 201320897.423.78$786
Sep 2013386104.113.72$1,435
Aug 2013555104.253.52$1,955
Jul 2013478102.523.72$1,777
Jun 201337794.403.93$1,483
May 201352494.834.15$2,174
Apr 201348893.964.28$2,090
Mar 201350793.623.91$1,984
Feb 201351791.233.42$1,768
Jan 201357591.603.42$1,966
Dec 201232886.773.42$1,122
Nov 201241686.953.62$1,508
Oct 201228989.383.40$983
Sep 201243294.672.92$1,261
Aug 201251392.662.91$1,492
Jul 201225085.133.02$755
Jun 2012079.822.52$0
May 20122291.612.49$55
Apr 2012382101.652.00$763
Mar 2012364105.052.22$809
Feb 2012334101.102.57$858
Jan 201238298.092.73$1,044
Dec 201128596.873.24$923
Nov 201124795.723.31$818
Oct 201131784.983.65$1,157
Sep 201128583.623.99$1,136
Aug 2011983.404.15$37
Jul 201116394.144.52$736
Jun 201152092.904.64$2,413
May 201178398.134.40$3,449
Apr 2011790105.964.33$3,423
Mar 201170096.364.06$2,840
Feb 201119085.644.18$794
Jan 201130186.504.59$1,381
Dec 201039985.734.35$1,735
Nov 201036380.843.80$1,378
Oct 201036778.103.51$1,288
Sep 201036472.633.98$1,449
Aug 201039073.684.42$1,724
Jul 201035572.554.74$1,681
Jun 201032670.364.91$1,601
May 201038271.124.24$1,618
Apr 201040281.694.12$1,657
Mar 201039478.394.39$1,729
Feb 201039673.585.44$2,155
Jan 201044574.365.96$2,654
Dec 200950771.445.48$2,780
Nov 200953874.593.75$2,018
Oct 200977272.544.11$3,173
Sep 2009365.543.06$9
Aug 2009067.423.22$0
Jul 200921461.133.46$741
Jun 200938866.163.90$1,511
May 200941154.743.93$1,613
Apr 200937046.773.59$1,327
Mar 200936442.144.06$1,477
Feb 200934832.814.63$1,612
Jan 200940935.865.37$2,197
Dec 200836537.105.98$2,182
Nov 200837155.496.86$2,545
Oct 200833975.246.92$2,347
Sep 2008176101.767.88$1,386
Aug 2008350114.228.48$2,969
Jul 2008377131.0811.39$4,294
Jun 2008373131.3313.03$4,861
May 2008359123.1711.57$4,155
Apr 2008325110.3110.45$3,398
Mar 2008240101.909.66$2,319
Feb 200821892.538.77$1,912
Jan 200839790.388.21$3,258
Dec 200738888.337.30$2,833
Nov 200732291.677.29$2,348
Oct 200737282.856.92$2,575
Sep 200738575.846.24$2,404
Aug 200729069.066.39$1,853
Jul 200731870.906.39$2,031
Jun 200726762.007.55$2,015
May 200734458.747.85$2,699
Apr 200731959.617.81$2,490
Mar 200733956.927.30$2,475
Feb 200737455.108.22$3,073
Jan 200743550.306.73$2,926
Dec 200634456.656.92$2,380
Nov 200646354.207.62$3,527
Oct 200633554.906.01$2,015
Sep 200632060.085.04$1,612
Aug 200634268.717.34$2,510
Jul 200643069.376.34$2,727
Jun 200614666.286.38$932
May 200632666.016.42$2,095
Apr 200633164.397.36$2,436
Mar 200642056.707.08$2,975
Feb 200637257.597.75$2,883
Jan 200639860.598.93$3,555
Dec 200542054.9413.42$5,634
Nov 200546654.6910.59$4,934
Oct 200553458.3413.80$7,367
Sep 200543061.4512.08$5,194
Aug 200557861.519.80$5,663
Jul 200551155.697.84$4,008
Jun 200550852.337.38$3,750
May 200549945.226.65$3,319
Apr 200536749.207.36$2,701
Mar 200548350.377.15$3,456
Feb 200546245.226.31$2,916
Jan 200545743.166.32$2,889
Dec 200448239.866.75$3,254
Nov 200453645.286.33$3,393
Oct 200491749.706.52$5,974
Sep 200465043.245.28$3,435
Aug 200446942.375.55$2,603
Jul 200475638.286.08$4,600
Jun 200482336.106.43$5,294
May 200467637.486.49$4,390
Apr 200472634.475.86$4,253
Mar 200490834.365.53$5,021
Feb 200490632.455.51$4,992
Jan 200493732.036.30$5,903
Dec 20031,05730.266.30$6,661
Nov 20031,01028.804.60$4,641
Oct 200386328.174.76$4,108
Sep 200354926.314.75$2,607
Aug 200373829.765.13$3,786
Jul 200369829.415.17$3,609
Jun 200370428.565.98$4,212
May 200330826.595.97$1,840
Apr 200316226.675.41$876
Mar 200338831.146.10$2,365
Feb 200350033.487.93$3,963
Jan 200356430.315.58$3,148
Dec 200250826.914.85$2,466
Nov 200248324.664.14$1,998
Oct 200250826.464.23$2,148
Sep 200254827.443.64$1,992
Aug 200260825.963.16$1,924
Jul 200246924.583.06$1,436
Jun 200241923.733.34$1,399
May 200217024.663.58$609
Apr 200222523.653.51$790
Mar 200243622.003.10$1,353
Feb 200254318.222.38$1,290
Jan 200227417.172.38$651
Dec 200132416.932.36$766
Nov 200115518.072.41$373
Oct 200162319.782.53$1,575
Sep 200174324.262.25$1,673
Aug 200199524.873.05$3,038
Jul 200161823.933.20$1,976
Jun 200163424.563.82$2,425
May 200156925.524.31$2,451
Apr 200167424.685.34$3,596
Mar 200195824.545.38$5,151
Feb 200157927.755.77$3,339
Jan 200182827.478.40$6,954
Dec 200075626.889.12$6,897
Nov 200038232.215.66$2,161
Oct 200050431.235.15$2,593
Sep 200027731.875.19$1,437
Aug 200032329.644.54$1,467
Jul 200065928.534.09$2,695
Jun 200065429.304.40$2,876
May 200092827.263.68$3,415
Apr 200077624.513.12$2,418
Mar 200066428.422.86$1,899
Feb 20001,24627.622.73$3,397
Jan 200067225.272.48$1,667
Dec 199975924.282.42$1,840
Nov 19991,71523.192.43$4,174
Oct 19991,84420.982.80$5,170
Sep 199954321.752.62$1,422
Aug 199977219.262.88$2,220
Jul 199981517.892.37$1,933
Jun 199983415.942.36$1,970
May 199986915.792.32$2,017
Apr 199990315.102.21$1,994
Mar 199991912.471.84$1,689
Feb 19998409.981.82$1,527
Jan 199992510.381.90$1,757
Dec 19981,0189.201.77$1,805
Nov 199896310.892.19$2,105
Oct 19981,00712.421.97$1,983
Sep 199893812.592.08$1,954
Aug 19981,05011.301.91$2,003
Jul 19981,22511.742.24$2,741
Jun 19981,37211.242.24$3,070
May 19981,58512.622.21$3,497
Apr 19981,49513.042.51$3,745
Mar 19981,24712.802.31$2,880
Feb 19981,48113.952.30$3,405
Jan 199847014.702.15$1,013
Dec 19971,09816.322.41$2,647
Nov 19971,16118.193.09$3,585
Oct 19971,74619.253.15$5,500
Sep 19971,55817.742.95$4,604
Aug 19971,61817.862.55$4,134
Jul 19972,05517.582.25$4,617
Jun 19971,44217.242.26$3,255
May 199786418.972.31$1,995
Apr 19972,25917.882.08$4,705
Mar 19971,48718.951.94$2,884
Feb 19971,03220.492.21$2,276
Jan 199776423.483.54$2,704
Dec 19961,20123.32$0
Nov 19961,21721.97$0
Oct 19961,23723.31$0
Sep 19961,13422.22$0
Aug 19961,03720.26$0
Jul 199689219.55$0
Jun 199641218.73$0
May 19962,21219.43$0
Apr 19961,80321.51$0
Mar 19961,41019.38$0
Feb 19961,43116.98$0
Jan 19961,54117.07$0
Dec 19951,49417.19$0
Nov 19951,85316.00$0
Oct 19951,68215.43$0
Sep 19951,82616.18$0
Aug 19951,84515.92$0
Jul 19952,14615.24$0
Jun 19952,18116.41$0
May 19953,07317.56$0
Apr 19952,83417.73$0
Mar 19953,35116.44$0
Feb 19953,09516.58$0
Jan 19952,82915.92$0
Dec 19943,87415.03$0
Nov 19944,24015.90$0
Oct 19944,83315.58$0
Sep 19943,73915.29$0
Aug 19947,60616.13$0
Jul 19948,60117.56$0
Jun 19949,51017.09$0
May 199410,23815.88$0
Apr 19946,62914.14$0
Mar 19944,10412.46$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/150252 is the state's own key, not one this site invented.