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 154633District 08Field 49038639Hydrogen sulphide fieldGasSaveExport
Value, all time
$995 k
May 1995 – May 2026
Value, last 12 filed months
$563
at the published price for each month
Months reported
373
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
GasProduction324,977 Mcf$995,323
Total$995,323

82,014 Mcf of this lease's gas, across 20 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 31.8999, -103.1074. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.89992, -103.10737 · 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
3,220 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 3,220 ft.

Completions filed
May 1995
1 of 1 wells

1 well

42-495103692973,220 ftMay 1995

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 (373)

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

373 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 20252058.593.93$79
Oct 20253159.383.30$102
Sep 20253062.743.08$92
Aug 20253163.933.01$93
Jul 20253166.743.32$103
Jun 20253066.483.13$94
May 20253160.553.23$100
Apr 202541062.363.54$1,453
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 20231578.122.24$34
Mar 2023272.852.39$5
Feb 20231275.112.47$30
Jan 20239876.533.39$332
Dec 202234176.415.73$1,954
Nov 2022285.005.65$11
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 2022175104.226.84$1,197
Mar 2022827108.885.08$4,198
Feb 202281991.054.86$3,979
Jan 202281981.844.54$3,716
Dec 202187471.323.90$3,408
Nov 202183977.435.24$4,394
Oct 202185779.795.71$4,897
Sep 202120669.865.35$1,102
Aug 202198666.024.22$4,162
Jul 202184470.783.98$3,361
Jun 2021069.493.38$0
May 202129263.483.02$881
Apr 202127460.362.76$756
Mar 202132261.302.72$875
Feb 202125157.805.55$1,393
Jan 202134750.412.81$975
Dec 202037544.642.68$1,003
Nov 202045938.772.71$1,242
Oct 202012236.972.48$302
Sep 202035837.091.99$713
Aug 202031239.982.39$744
Jul 202041538.371.83$757
Jun 202036334.901.69$614
May 202028716.921.81$521
Apr 202026914.751.80$485
Mar 202026830.341.86$497
Feb 202026349.881.98$521
Jan 202030057.252.09$628
Dec 201928959.012.30$666
Nov 201928255.302.75$776
Oct 2019053.472.42$0
Sep 201921255.052.66$563
Aug 201923353.112.30$537
Jul 201923156.272.46$568
Jun 201936952.782.49$919
May 201939358.482.74$1,077
Apr 201940862.632.75$1,122
Mar 201940156.803.06$1,228
Feb 201935750.852.79$997
Jan 201942646.033.23$1,375
Dec 201832646.594.19$1,364
Nov 201841152.934.24$1,742
Oct 201834561.443.40$1,172
Sep 201825459.543.11$789
Aug 201811259.403.07$343
Jul 201812165.142.93$355
Jun 201812660.183.08$388
May 201812465.382.90$360
Apr 201812863.842.90$371
Mar 201813661.222.79$379
Feb 201810261.782.77$282
Jan 201810062.874.01$401
Dec 201712357.272.92$359
Nov 201712555.423.12$390
Oct 20177249.292.98$215
Sep 20179447.523.09$290
Aug 201710545.373.00$315
Jul 20178443.873.09$259
Jun 20173342.493.09$102
May 20175345.373.26$173
Apr 20178047.933.21$257
Mar 20174146.772.98$122
Feb 20179350.452.95$275
Jan 201712249.413.42$417
Dec 201611248.763.72$417
Nov 201612142.492.64$320
Oct 201614546.193.09$448
Sep 201615741.553.10$487
Aug 201615041.442.92$439
Jul 201615741.622.92$459
Jun 201614745.352.69$395
May 201614242.521.99$283
Apr 201613636.561.99$271
Mar 201613333.011.79$239
Feb 20169126.472.06$188
Jan 201612027.352.36$284
Dec 201512032.362.00$240
Nov 201511738.792.17$254
Oct 201513643.552.43$330
Sep 201514242.992.76$392
Aug 201514340.162.87$411
Jul 201511348.152.95$333
Jun 20158656.152.88$248
May 20159055.212.96$266
Apr 201512849.822.71$346
Mar 201513042.892.93$382
Feb 201512544.662.98$372
Jan 201512743.433.10$394
Dec 201411454.693.59$409
Nov 201414570.464.25$617
Oct 201416578.303.90$644
Sep 201411686.164.05$469
Aug 201418689.394.04$751
Jul 201416096.564.18$669
Jun 201415198.164.74$715
May 201424194.734.73$1,139
Apr 201470395.944.81$3,381
Mar 201474995.895.06$3,788
Feb 201468697.406.19$4,248
Jan 201476490.404.86$3,714
Dec 201370991.824.35$3,087
Nov 201354688.853.74$2,041
Oct 201329997.423.78$1,130
Sep 2013550104.113.72$2,045
Aug 2013790104.253.52$2,783
Jul 2013737102.523.72$2,740
Jun 201383394.403.93$3,277
May 201384994.834.15$3,523
Apr 201369893.964.28$2,989
Mar 201371893.623.91$2,809
Feb 201368491.233.42$2,339
Jan 201370391.603.42$2,404
Dec 201256986.773.42$1,946
Nov 201250786.953.62$1,838
Oct 201233189.383.40$1,125
Sep 201254394.672.92$1,585
Aug 201267692.662.91$1,966
Jul 201253185.133.02$1,604
Jun 20121779.822.52$43
May 20123591.612.49$87
Apr 2012616101.652.00$1,230
Mar 2012587105.052.22$1,304
Feb 2012539101.102.57$1,385
Jan 201261798.092.73$1,687
Dec 201144196.873.24$1,429
Nov 201139995.723.31$1,321
Oct 201151184.983.65$1,864
Sep 201162583.623.99$2,491
Aug 20112383.404.15$95
Jul 201123394.144.52$1,053
Jun 201153492.904.64$2,478
May 201180598.134.40$3,546
Apr 2011754105.964.33$3,267
Mar 201169396.364.06$2,812
Feb 201139085.644.18$1,630
Jan 201160286.504.59$2,762
Dec 201079585.734.35$3,456
Nov 201071380.843.80$2,706
Oct 201074578.103.51$2,614
Sep 201077972.633.98$3,100
Aug 201075973.684.42$3,354
Jul 201057272.554.74$2,709
Jun 201057870.364.91$2,838
May 201069771.124.24$2,952
Apr 201073281.694.12$3,018
Mar 201069278.394.39$3,037
Feb 201068273.585.44$3,712
Jan 201073374.365.96$4,372
Dec 200976471.445.48$4,190
Nov 200980174.593.75$3,005
Oct 20091,08572.544.11$4,460
Sep 200925465.543.06$778
Aug 200910467.423.22$335
Jul 200939661.133.46$1,372
Jun 200974166.163.90$2,886
May 200973054.743.93$2,866
Apr 200968146.773.59$2,443
Mar 200969642.144.06$2,825
Feb 200963232.814.63$2,928
Jan 200975735.865.37$4,066
Dec 200874137.105.98$4,429
Nov 200871155.496.86$4,878
Oct 200861775.246.92$4,271
Sep 2008328101.767.88$2,584
Aug 2008577114.228.48$4,895
Jul 2008649131.0811.39$7,392
Jun 2008576131.3313.03$7,507
May 2008608123.1711.57$7,037
Apr 2008563110.3110.45$5,886
Mar 2008702101.909.66$6,784
Feb 200861892.538.77$5,420
Jan 200867590.388.21$5,539
Dec 200771788.337.30$5,236
Nov 200721491.677.29$1,560
Oct 200775082.856.92$5,191
Sep 200771075.846.24$4,433
Aug 200749269.066.39$3,143
Jul 200763770.906.39$4,069
Jun 200764162.007.55$4,839
May 200768558.747.85$5,375
Apr 200764959.617.81$5,066
Mar 200764356.927.30$4,695
Feb 200763855.108.22$5,242
Jan 200776150.306.73$5,119
Dec 200656556.656.92$3,909
Nov 200679954.207.62$6,086
Oct 200665354.906.01$3,927
Sep 200660460.085.04$3,042
Aug 200666168.717.34$4,852
Jul 200676469.376.34$4,846
Jun 200638766.286.38$2,471
May 200661566.016.42$3,951
Apr 200660564.397.36$4,453
Mar 200677356.707.08$5,475
Feb 200668457.597.75$5,302
Jan 200673260.598.93$6,539
Dec 200573554.9413.42$9,860
Nov 200579754.6910.59$8,439
Oct 200585058.3413.80$11,726
Sep 200573161.4512.08$8,830
Aug 200585761.519.80$8,396
Jul 200582755.697.84$6,487
Jun 200589752.337.38$6,621
May 200587145.226.65$5,793
Apr 200566449.207.36$4,887
Mar 200587850.377.15$6,282
Feb 200580745.226.31$5,094
Jan 200589243.166.32$5,639
Dec 200488839.866.75$5,995
Nov 200492245.286.33$5,837
Oct 200496949.706.52$6,313
Sep 200496343.245.28$5,088
Aug 20041,00542.375.55$5,578
Jul 200499938.286.08$6,078
Jun 200496236.106.43$6,189
May 200486637.486.49$5,624
Apr 200489534.475.86$5,243
Mar 20041,16934.365.53$6,465
Feb 20041,16632.455.51$6,424
Jan 20041,20732.036.30$7,604
Dec 20031,11530.266.30$7,026
Nov 20031,09828.804.60$5,045
Oct 20031,19828.174.76$5,702
Sep 20031,13926.314.75$5,410
Aug 20031,30529.765.13$6,694
Jul 20031,33629.415.17$6,908
Jun 200376228.565.98$4,559
May 200377226.595.97$4,611
Apr 200352726.675.41$2,850
Mar 200363131.146.10$3,847
Feb 200375433.487.93$5,976
Jan 20031,26630.315.58$7,067
Dec 200293026.914.85$4,514
Nov 200296924.664.14$4,009
Oct 200292526.464.23$3,912
Sep 20021,18727.443.64$4,315
Aug 20021,44125.963.16$4,560
Jul 20021,05624.583.06$3,233
Jun 20021,26223.733.34$4,213
May 20021,19424.663.58$4,279
Apr 20021,58523.653.51$5,567
Mar 20021,88322.003.10$5,842
Feb 200296218.222.38$2,285
Jan 200294617.172.38$2,247
Dec 20011,04916.932.36$2,480
Nov 20011,07118.072.41$2,576
Oct 20011,22019.782.53$3,085
Sep 20011,29224.262.25$2,909
Aug 20011,12524.873.05$3,435
Jul 20011,39023.933.20$4,444
Jun 20011,37724.563.82$5,266
May 20011,04825.524.31$4,514
Apr 20011,22224.685.34$6,520
Mar 20011,40524.545.38$7,554
Feb 200188527.755.77$5,104
Jan 200182927.478.40$6,963
Dec 200082826.889.12$7,553
Nov 200045732.215.66$2,586
Oct 200097531.235.15$5,017
Sep 20003031.875.19$156
Aug 200088329.644.54$4,009
Jul 20001,23628.534.09$5,055
Jun 20001,22429.304.40$5,382
May 20001,74927.263.68$6,436
Apr 20001,32624.513.12$4,132
Mar 20001,13528.422.86$3,246
Feb 200096527.622.73$2,631
Jan 20005,20825.272.48$12,918
Dec 19995,05924.282.42$12,262
Nov 19991,38323.192.43$3,366
Oct 19991,66020.982.80$4,654
Sep 19991,64621.752.62$4,311
Aug 19991,88819.262.88$5,429
Jul 19991,73017.892.37$4,104
Jun 19991,65915.942.36$3,919
May 19991,61215.792.32$3,741
Apr 19991,81315.102.21$4,003
Mar 19991,74112.471.84$3,201
Feb 19991,6509.981.82$2,999
Jan 19991,82110.381.90$3,460
Dec 199809.201.77$0
Nov 19982,23710.892.19$4,889
Oct 19982,24212.421.97$4,415
Sep 19982,15112.592.08$4,480
Aug 19982,32011.301.91$4,425
Jul 19982,33511.742.24$5,224
Jun 19982,15411.242.24$4,819
May 19982,45812.622.21$5,423
Apr 19982,36013.042.51$5,913
Mar 19982,29912.802.31$5,309
Feb 19982,49213.952.30$5,729
Jan 19981,51614.702.15$3,267
Dec 19973,72916.322.41$8,991
Nov 19972,18918.193.09$6,760
Oct 19972,51919.253.15$7,934
Sep 19972,34817.742.95$6,938
Aug 19972,49817.862.55$6,382
Jul 19972,35817.582.25$5,298
Jun 19972,16517.242.26$4,887
May 19972,81118.972.31$6,489
Apr 19972,44317.882.08$5,088
Mar 19972,50718.951.94$4,861
Feb 19971,98320.492.21$4,374
Jan 19972,86923.483.54$10,155
Dec 19963,44223.32$0
Nov 19962,48721.97$0
Oct 19962,92023.31$0
Sep 19963,71822.22$0
Aug 19963,03120.26$0
Jul 19963,07719.55$0
Jun 19963,46118.73$0
May 19962,34519.43$0
Apr 19963,39921.51$0
Mar 19963,11319.38$0
Feb 19962,98416.98$0
Jan 19963,38217.07$0
Dec 19953,33117.19$0
Nov 19954,24916.00$0
Oct 19954,53815.43$0
Sep 19954,97216.18$0
Aug 19955,76415.92$0
Jul 19957,04115.24$0
Jun 19958,61316.41$0
May 19956,14717.56$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                   20 Mcf  × $  3.93 =        $79

────────────────────────────────────────────────────
Month total                                      $79

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/154633 is the state's own key, not one this site invented.