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 151063District 08Field 49038639Hydrogen sulphide fieldGasSaveExport
Value, all time
$504 k
Jul 1994 – May 2026
Value, last 12 filed months
$5 k
at the published price for each month
Months reported
383
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
GasProduction168,876 Mcf$504,066
Total$504,066

47,319 Mcf of this lease's gas, across 30 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 31.9242, -103.1164. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.92419, -103.11637 · 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
3,260 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 3,260 ft.

Completions filed
Jul 1994
1 of 1 wells

1 well

42-49510336673,260 ftJul 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 (383)

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

383 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 202518058.593.93$707
Oct 202527959.383.30$922
Sep 202527062.743.08$831
Aug 202527963.933.01$841
Jul 202527966.743.32$925
Jun 202527066.483.13$845
May 202527960.553.23$902
Apr 202515462.363.54$546
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 2023778.122.24$16
Mar 2023172.852.39$2
Feb 2023675.112.47$15
Jan 20235376.533.39$180
Dec 202218476.415.73$1,054
Nov 2022185.005.65$6
Oct 20223687.185.86$211
Sep 202218084.888.16$1,469
Aug 202219094.529.13$1,734
Jul 2022363101.587.54$2,738
Jun 2022316115.097.98$2,521
May 2022343109.378.43$2,893
Apr 2022226104.226.84$1,545
Mar 2022248108.885.08$1,259
Feb 202224691.054.86$1,195
Jan 202224681.844.54$1,116
Dec 202126271.323.90$1,022
Nov 202125277.435.24$1,320
Oct 202125779.795.71$1,468
Sep 20216269.865.35$332
Aug 202129666.024.22$1,249
Jul 20216170.783.98$243
Jun 2021069.493.38$0
May 202147163.483.02$1,421
Apr 202144260.362.76$1,219
Mar 202151961.302.72$1,410
Feb 202140457.805.55$2,241
Jan 202155950.412.81$1,571
Dec 202060444.642.68$1,616
Nov 202073938.772.71$2,000
Oct 202019736.972.48$488
Sep 202057737.091.99$1,149
Aug 202050339.982.39$1,200
Jul 202066938.371.83$1,221
Jun 202058534.901.69$989
May 202046216.921.81$838
Apr 202043414.751.80$783
Mar 202043130.341.86$800
Feb 202042449.881.98$840
Jan 202048457.252.09$1,014
Dec 201946659.012.30$1,074
Nov 201945555.302.75$1,252
Oct 2019053.472.42$0
Sep 201934255.052.66$909
Aug 201937653.112.30$866
Jul 201937356.272.46$918
Jun 201959552.782.49$1,482
May 201963458.482.74$1,737
Apr 201965862.632.75$1,810
Mar 201964656.803.06$1,978
Feb 201957650.852.79$1,608
Jan 201968746.033.23$2,218
Dec 201852646.594.19$2,202
Nov 201866352.934.24$2,809
Oct 201855761.443.40$1,893
Sep 201851859.543.11$1,610
Aug 201860059.403.07$1,840
Jul 201864965.142.93$1,903
Jun 201867860.183.08$2,086
May 201866565.382.90$1,929
Apr 201868763.842.90$1,993
Mar 201873061.222.79$2,034
Feb 201854861.782.77$1,516
Jan 201853462.874.01$2,141
Dec 201766057.272.92$1,928
Nov 201767055.423.12$2,089
Oct 201738649.292.98$1,152
Sep 201750347.523.09$1,553
Aug 201756445.373.00$1,694
Jul 201745143.873.09$1,392
Jun 201717942.493.09$553
May 201728445.373.26$927
Apr 201743047.933.21$1,381
Mar 201721846.772.98$650
Feb 201749950.452.95$1,473
Jan 201765549.413.42$2,239
Dec 201660148.763.72$2,237
Nov 201665042.492.64$1,719
Oct 201677946.193.09$2,407
Sep 201684341.553.10$2,614
Aug 201680241.442.92$2,345
Jul 201684241.622.92$2,462
Jun 201678945.352.69$2,119
May 201676042.521.99$1,513
Apr 201672936.561.99$1,451
Mar 201671533.011.79$1,283
Feb 201648726.472.06$1,005
Jan 201664627.352.36$1,527
Dec 201564332.362.00$1,287
Nov 201562838.792.17$1,361
Oct 201572843.552.43$1,767
Sep 201573942.992.76$2,038
Aug 2015040.162.87$0
Jul 201528348.152.95$833
Jun 201539356.152.88$1,133
May 201540955.212.96$1,209
Apr 201558449.822.71$1,581
Mar 201559142.892.93$1,734
Feb 201556844.662.98$1,690
Jan 201557843.433.10$1,792
Dec 201452054.693.59$1,868
Nov 201455470.464.25$2,356
Oct 201465878.303.90$2,567
Sep 201448586.164.05$1,962
Aug 201478689.394.04$3,172
Jul 201468296.564.18$2,850
Jun 201468798.164.74$3,254
May 201469494.734.73$3,280
Apr 201463895.944.81$3,068
Mar 201468095.895.06$3,439
Feb 201422397.406.19$1,381
Jan 2014090.404.86$0
Dec 2013091.824.35$0
Nov 2013088.853.74$0
Oct 201326997.423.78$1,017
Sep 2013520104.113.72$1,933
Aug 2013691104.253.52$2,434
Jul 2013575102.523.72$2,138
Jun 201366194.403.93$2,600
May 201367494.834.15$2,796
Apr 201340393.964.28$1,726
Mar 201349693.623.91$1,941
Feb 201316891.233.42$575
Jan 201334291.603.42$1,170
Dec 201232886.773.42$1,122
Nov 201222486.953.62$812
Oct 201220589.383.40$697
Sep 201227694.672.92$805
Aug 201237492.662.91$1,088
Jul 201221785.133.02$656
Jun 2012079.822.52$0
May 20121891.612.49$45
Apr 2012314101.652.00$627
Mar 2012299105.052.22$664
Feb 2012274101.102.57$704
Jan 201231498.092.73$859
Dec 201122596.873.24$729
Nov 201120395.723.31$672
Oct 201126184.983.65$952
Sep 201118483.623.99$733
Aug 2011083.404.15$0
Jul 201115394.144.52$691
Jun 201135192.904.64$1,629
May 201152898.134.40$2,326
Apr 2011533105.964.33$2,310
Mar 201147296.364.06$1,915
Feb 201115085.644.18$627
Jan 201138786.504.59$1,776
Dec 201042185.734.35$1,830
Nov 201024780.843.80$937
Oct 201019178.103.51$670
Sep 201019172.633.98$760
Aug 201026373.684.42$1,162
Jul 201023372.554.74$1,104
Jun 201020570.364.91$1,007
May 201024071.124.24$1,016
Apr 201025381.694.12$1,043
Mar 201023878.394.39$1,045
Feb 201013273.585.44$718
Jan 201013774.365.96$817
Dec 200913871.445.48$757
Nov 200913374.593.75$499
Oct 200912072.544.11$493
Sep 2009065.543.06$0
Aug 2009067.423.22$0
Jul 20099761.133.46$336
Jun 200917366.163.90$674
May 200916754.743.93$656
Apr 200916946.773.59$606
Mar 200917642.144.06$714
Feb 200911632.814.63$537
Jan 200913335.865.37$714
Dec 200813037.105.98$777
Nov 200812155.496.86$830
Oct 20089775.246.92$671
Sep 200858101.767.88$457
Aug 2008141114.228.48$1,196
Jul 2008139131.0811.39$1,583
Jun 2008138131.3313.03$1,799
May 2008206123.1711.57$2,384
Apr 2008270110.3110.45$2,823
Mar 2008288101.909.66$2,783
Feb 200824492.538.77$2,140
Jan 200826990.388.21$2,207
Dec 200725188.337.30$1,833
Nov 200723891.677.29$1,735
Oct 200729282.856.92$2,021
Sep 200726975.846.24$1,680
Aug 200719769.066.39$1,258
Jul 200723270.906.39$1,482
Jun 200721862.007.55$1,646
May 200726758.747.85$2,095
Apr 200723459.617.81$1,826
Mar 200723856.927.30$1,738
Feb 200727155.108.22$2,227
Jan 200732550.306.73$2,186
Dec 200625256.656.92$1,743
Nov 200634054.207.62$2,590
Oct 200625554.906.01$1,534
Sep 200624760.085.04$1,244
Aug 200631768.717.34$2,327
Jul 200637669.376.34$2,385
Jun 200614766.286.38$938
May 200625866.016.42$1,658
Apr 200630864.397.36$2,267
Mar 200633956.707.08$2,401
Feb 200630157.597.75$2,333
Jan 200632260.598.93$2,877
Dec 200531754.9413.42$4,253
Nov 200534854.6910.59$3,685
Oct 200541258.3413.80$5,684
Sep 200531961.4512.08$3,853
Aug 200536361.519.80$3,556
Jul 200539855.697.84$3,122
Jun 200538752.337.38$2,856
May 200523645.226.65$1,570
Apr 200516049.207.36$1,178
Mar 200545750.377.15$3,270
Feb 200542545.226.31$2,683
Jan 200544243.166.32$2,794
Dec 200449639.866.75$3,349
Nov 200445745.286.33$2,893
Oct 200445649.706.52$2,971
Sep 200448043.245.28$2,536
Aug 200448642.375.55$2,698
Jul 200446838.286.08$2,847
Jun 200447536.106.43$3,056
May 200414637.486.49$948
Apr 200422934.475.86$1,342
Mar 200464834.365.53$3,584
Feb 200464632.455.51$3,559
Jan 200466932.036.30$4,214
Dec 200372230.266.30$4,550
Nov 200363228.804.60$2,904
Oct 200377628.174.76$3,693
Sep 200378826.314.75$3,743
Aug 200353529.765.13$2,744
Jul 200375629.415.17$3,909
Jun 200369028.565.98$4,128
May 200349526.595.97$2,956
Apr 200313026.675.41$703
Mar 20034931.146.10$299
Feb 200318133.487.93$1,435
Jan 200358330.315.58$3,254
Dec 200231026.914.85$1,505
Nov 200228724.664.14$1,187
Oct 200253126.464.23$2,246
Sep 200269527.443.64$2,526
Aug 200277425.963.16$2,449
Jul 200225724.583.06$787
Jun 200227123.733.34$905
May 200244624.663.58$1,598
Apr 200259223.653.51$2,079
Mar 200286822.003.10$2,693
Feb 200277318.222.38$1,836
Jan 200215817.172.38$375
Dec 200115816.932.36$374
Nov 200141818.072.41$1,006
Oct 200167019.782.53$1,694
Sep 200171024.262.25$1,598
Aug 200143324.873.05$1,322
Jul 200154923.933.20$1,755
Jun 200138624.563.82$1,476
May 200149825.524.31$2,145
Apr 200135424.685.34$1,889
Mar 200177324.545.38$4,156
Feb 200154627.755.77$3,149
Jan 200169627.478.40$5,846
Dec 200074926.889.12$6,833
Nov 200030632.215.66$1,731
Oct 200056831.235.15$2,923
Sep 2000531.875.19$26
Aug 200026929.644.54$1,221
Jul 200053828.534.09$2,200
Jun 200050629.304.40$2,225
May 20001,12927.263.68$4,154
Apr 200091324.513.12$2,845
Mar 200078228.422.86$2,236
Feb 200060227.622.73$1,641
Jan 200032525.272.48$806
Dec 199931924.282.42$773
Nov 19991,16123.192.43$2,826
Oct 19991,99820.982.80$5,602
Sep 19991,60221.752.62$4,195
Aug 19994319.262.88$124
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 19971,31318.951.94$2,546
Feb 199785120.492.21$1,877
Jan 199792523.483.54$3,274
Dec 19961,12823.32$0
Nov 19961,58121.97$0
Oct 19961,73023.31$0
Sep 19961,43222.22$0
Aug 199683520.26$0
Jul 199681919.55$0
Jun 19961,23518.73$0
May 199688319.43$0
Apr 19961,37721.51$0
Mar 19961,00519.38$0
Feb 199670116.98$0
Jan 199677917.07$0
Dec 199565617.19$0
Nov 199592616.00$0
Oct 199583015.43$0
Sep 19951,02616.18$0
Aug 199580015.92$0
Jul 199530115.24$0
Jun 199544416.41$0
May 19951,37717.56$0
Apr 19951,27017.73$0
Mar 19951,30116.44$0
Feb 19951,65716.58$0
Jan 19951,99215.92$0
Dec 19942,28315.03$0
Nov 19942,60315.90$0
Oct 19943,65815.58$0
Sep 19943,96915.29$0
Aug 19945,37316.13$0
Jul 19943,34817.56$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                  180 Mcf  × $  3.93 =       $707

────────────────────────────────────────────────────
Month total                                     $707

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/151063 is the state's own key, not one this site invented.