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 156468District 08Field 49038639Hydrogen sulphide fieldGasSaveExport
Value, all time
$773 k
Oct 1995 – May 2026
Value, last 12 filed months
$1 k
at the published price for each month
Months reported
368
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
GasProduction218,121 Mcf$772,760
Total$772,760

33,960 Mcf of this lease's gas, across 14 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 31.9288, -103.1272. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.92880, -103.12715 · 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
3,278 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 3,278 ft.

Completions filed
Oct 1995
1 of 1 wells

1 well

42-495103733013,278 ftOct 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 (368)

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

368 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 20255058.593.93$196
Oct 20257859.383.30$258
Sep 20257562.743.08$231
Aug 20257863.933.01$235
Jul 20257866.743.32$259
Jun 20257566.483.13$235
May 20257860.553.23$252
Apr 20256162.363.54$216
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 2023170.622.23$2
Apr 2023278.122.24$4
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 202218104.226.84$123
Mar 202283108.885.08$421
Feb 20228291.054.86$398
Jan 20228281.844.54$372
Dec 20218771.323.90$339
Nov 20218477.435.24$440
Oct 20218679.795.71$491
Sep 20212169.865.35$112
Aug 20219966.024.22$418
Jul 202159770.783.98$2,377
Jun 2021069.493.38$0
May 20211063.483.02$30
Apr 2021960.362.76$25
Mar 20211061.302.72$27
Feb 2021857.805.55$44
Jan 20211150.412.81$31
Dec 20201244.642.68$32
Nov 20201538.772.71$41
Oct 2020436.972.48$10
Sep 20201237.091.99$24
Aug 20201039.982.39$24
Jul 20201438.371.83$26
Jun 20201234.901.69$20
May 2020916.921.81$16
Apr 2020914.751.80$16
Mar 2020930.341.86$17
Feb 2020949.881.98$18
Jan 20201057.252.09$21
Dec 2019959.012.30$21
Nov 2019955.302.75$25
Oct 2019053.472.42$0
Sep 2019755.052.66$19
Aug 2019853.112.30$18
Jul 2019856.272.46$20
Jun 20191252.782.49$30
May 20191358.482.74$36
Apr 20191362.632.75$36
Mar 20191356.803.06$40
Feb 20191250.852.79$34
Jan 20191446.033.23$45
Dec 20181146.594.19$46
Nov 20181352.934.24$55
Oct 20181161.443.40$37
Sep 20184459.543.11$137
Aug 201814359.403.07$439
Jul 201815565.142.93$454
Jun 201816260.183.08$498
May 201815965.382.90$461
Apr 201816463.842.90$476
Mar 201817461.222.79$485
Feb 201813161.782.77$362
Jan 201812762.874.01$509
Dec 201715857.272.92$462
Nov 201716055.423.12$499
Oct 20179249.292.98$275
Sep 201712047.523.09$370
Aug 201713545.373.00$406
Jul 201710843.873.09$333
Jun 20174342.493.09$133
May 20176845.373.26$222
Apr 201710347.933.21$331
Mar 20175246.772.98$155
Feb 201711950.452.95$351
Jan 201715649.413.42$533
Dec 201614448.763.72$536
Nov 201615542.492.64$410
Oct 201618646.193.09$575
Sep 201620141.553.10$623
Aug 201619141.442.92$559
Jul 201620141.622.92$588
Jun 201618845.352.69$505
May 201618142.521.99$360
Apr 201617436.561.99$346
Mar 201617133.011.79$307
Feb 201611626.472.06$239
Jan 201615427.352.36$364
Dec 201515332.362.00$306
Nov 201515038.792.17$325
Oct 201517443.552.43$422
Sep 201518242.992.76$502
Aug 201518240.162.87$523
Jul 201514548.152.95$427
Jun 20153556.152.88$101
May 2015855.212.96$24
Apr 20151149.822.71$30
Mar 20151142.892.93$32
Feb 20151044.662.98$30
Jan 20151143.433.10$34
Dec 20141054.693.59$36
Nov 20141270.464.25$51
Oct 20141478.303.90$55
Sep 20141086.164.05$40
Aug 20141689.394.04$65
Jul 20141696.564.18$67
Jun 201417198.164.74$810
May 201423594.734.73$1,111
Apr 201431195.944.81$1,496
Mar 201433195.895.06$1,674
Feb 201430397.406.19$1,876
Jan 201433790.404.86$1,638
Dec 201331391.824.35$1,363
Nov 201324088.853.74$897
Oct 201313197.423.78$495
Sep 2013242104.113.72$900
Aug 2013356104.253.52$1,254
Jul 2013306102.523.72$1,138
Jun 201334394.403.93$1,349
May 201334994.834.15$1,448
Apr 201337593.964.28$1,606
Mar 201341893.623.91$1,636
Feb 201345191.233.42$1,542
Jan 201341791.603.42$1,426
Dec 201230786.773.42$1,050
Nov 201218086.953.62$652
Oct 201225889.383.40$877
Sep 201257494.672.92$1,675
Aug 201263692.662.91$1,850
Jul 201231185.133.02$939
Jun 20121879.822.52$45
May 20123291.612.49$80
Apr 2012561101.652.00$1,120
Mar 2012535105.052.22$1,189
Feb 2012491101.102.57$1,262
Jan 201256298.092.73$1,537
Dec 201141996.873.24$1,357
Nov 201136395.723.31$1,202
Oct 201146684.983.65$1,700
Sep 201140983.623.99$1,630
Aug 20111383.404.15$54
Jul 201115594.144.52$700
Jun 201150892.904.64$2,357
May 201176598.134.40$3,370
Apr 2011733105.964.33$3,176
Mar 201156896.364.06$2,305
Feb 201115585.644.18$648
Jan 201157786.504.59$2,648
Dec 201071985.734.35$3,126
Nov 201067480.843.80$2,558
Oct 201072978.103.51$2,558
Sep 201071072.633.98$2,825
Aug 201076073.684.42$3,359
Jul 201056872.554.74$2,690
Jun 201047370.364.91$2,323
May 201055571.124.24$2,351
Apr 201058581.694.12$2,412
Mar 201059578.394.39$2,611
Feb 201060773.585.44$3,304
Jan 201068974.365.96$4,109
Dec 200970471.445.48$3,861
Nov 200975274.593.75$2,821
Oct 200970672.544.11$2,902
Sep 2009065.543.06$0
Aug 2009067.423.22$0
Jul 200931661.133.46$1,095
Jun 200954566.163.90$2,123
May 200953554.743.93$2,100
Apr 200951646.773.59$1,851
Mar 200953842.144.06$2,184
Feb 200952232.814.63$2,418
Jan 200955235.865.37$2,965
Dec 200849637.105.98$2,965
Nov 200838755.496.86$2,655
Oct 200821875.246.92$1,509
Sep 2008132101.767.88$1,040
Aug 2008260114.228.48$2,206
Jul 2008292131.0811.39$3,326
Jun 2008343131.3313.03$4,470
May 2008501123.1711.57$5,799
Apr 2008457110.3110.45$4,778
Mar 2008543101.909.66$5,248
Feb 200859792.538.77$5,236
Jan 200867090.388.21$5,498
Dec 200754188.337.30$3,950
Nov 200731491.677.29$2,290
Oct 200759582.856.92$4,119
Sep 200750975.846.24$3,178
Aug 200740369.066.39$2,574
Jul 200753070.906.39$3,386
Jun 200757062.007.55$4,303
May 200761658.747.85$4,833
Apr 200757559.617.81$4,488
Mar 200758856.927.30$4,294
Feb 200760155.108.22$4,938
Jan 200775250.306.73$5,059
Dec 200650556.656.92$3,494
Nov 200671354.207.62$5,431
Oct 200660954.906.01$3,662
Sep 200657160.085.04$2,876
Aug 200661968.717.34$4,543
Jul 200666269.376.34$4,199
Jun 200615166.286.38$964
May 200653266.016.42$3,418
Apr 200656964.397.36$4,188
Mar 200655556.707.08$3,931
Feb 200649157.597.75$3,806
Jan 200652660.598.93$4,699
Dec 200560254.9413.42$8,076
Nov 200564754.6910.59$6,851
Oct 200575058.3413.80$10,347
Sep 200561661.4512.08$7,441
Aug 200575261.519.80$7,367
Jul 200572955.697.84$5,718
Jun 200574052.337.38$5,462
May 200566545.226.65$4,423
Apr 200547149.207.36$3,467
Mar 200588350.377.15$6,318
Feb 200585845.226.31$5,416
Jan 200581043.166.32$5,121
Dec 200492239.866.75$6,225
Nov 200491345.286.33$5,780
Oct 200499649.706.52$6,489
Sep 20041,00543.245.28$5,310
Aug 20041,03242.375.55$5,728
Jul 20041,04538.286.08$6,358
Jun 20041,00236.106.43$6,446
May 200485237.486.49$5,533
Apr 200491734.475.86$5,372
Mar 20041,14234.365.53$6,315
Feb 20041,13932.455.51$6,275
Jan 20041,17932.036.30$7,427
Dec 20031,29330.266.30$8,148
Nov 20031,21828.804.60$5,597
Oct 20031,33228.174.76$6,340
Sep 20031,28526.314.75$6,103
Aug 20031,46129.765.13$7,495
Jul 20031,34229.415.17$6,939
Jun 200398728.565.98$5,905
May 200378426.595.97$4,683
Apr 200328626.675.41$1,546
Mar 200342331.146.10$2,579
Feb 200367333.487.93$5,334
Jan 20031,18430.315.58$6,609
Dec 200285326.914.85$4,140
Nov 200298624.664.14$4,079
Oct 20021,18126.464.23$4,995
Sep 20021,41427.443.64$5,140
Aug 20021,47325.963.16$4,661
Jul 200293824.583.06$2,872
Jun 20021,26423.733.34$4,220
May 20021,10924.663.58$3,975
Apr 20021,47223.653.51$5,170
Mar 20021,35422.003.10$4,201
Feb 200281618.222.38$1,939
Jan 200246117.172.38$1,095
Dec 200152716.932.36$1,246
Nov 20011,10518.072.41$2,658
Oct 20011,39219.782.53$3,520
Sep 20011,42424.262.25$3,206
Aug 200197424.873.05$2,974
Jul 20011,10523.933.20$3,533
Jun 20011,22124.563.82$4,669
May 20011,09625.524.31$4,721
Apr 20011,28324.685.34$6,845
Mar 20011,27824.545.38$6,871
Feb 200182027.755.77$4,729
Jan 200199427.478.40$8,348
Dec 200086926.889.12$7,927
Nov 200027432.215.66$1,550
Oct 20001031.235.15$51
Sep 200012331.875.19$638
Aug 200025929.644.54$1,176
Jul 200073628.534.09$3,010
Jun 200081529.304.40$3,584
May 20001,54027.263.68$5,667
Apr 200092924.513.12$2,895
Mar 200079628.422.86$2,276
Feb 200052327.622.73$1,426
Jan 200028225.272.48$700
Dec 199927424.282.42$664
Nov 199971923.192.43$1,750
Oct 19991,44520.982.80$4,051
Sep 19991,42121.752.62$3,721
Aug 19991,72919.262.88$4,972
Jul 19991,49617.892.37$3,549
Jun 19991,53715.942.36$3,631
May 19991,55815.792.32$3,616
Apr 19991,88715.102.21$4,167
Mar 19991,74812.471.84$3,213
Feb 19991,6809.981.82$3,054
Jan 19991,68910.381.90$3,209
Dec 19982,0159.201.77$3,573
Nov 19982,02810.892.19$4,433
Oct 19981,96012.421.97$3,860
Sep 19981,86912.592.08$3,892
Aug 19981,94111.301.91$3,702
Jul 19981,92511.742.24$4,307
Jun 19981,64311.242.24$3,676
May 19982,07012.622.21$4,567
Apr 19981,98813.042.51$4,981
Mar 19981,74912.802.31$4,039
Feb 19981,98513.952.30$4,564
Jan 199866314.702.15$1,429
Dec 19971,30116.322.41$3,137
Nov 19971,38618.193.09$4,280
Oct 19972,17119.253.15$6,838
Sep 19972,25017.742.95$6,648
Aug 19972,42517.862.55$6,195
Jul 19972,08917.582.25$4,694
Jun 19971,59617.242.26$3,602
May 19972,37518.972.31$5,483
Apr 19972,44217.882.08$5,086
Mar 19972,40218.951.94$4,658
Feb 19971,51220.492.21$3,335
Jan 19972,06823.483.54$7,320
Dec 19962,51323.32$0
Nov 19962,76821.97$0
Oct 19962,88223.31$0
Sep 19962,35222.22$0
Aug 19961,45020.26$0
Jul 19961,64519.55$0
Jun 19962,62218.73$0
May 19962,32519.43$0
Apr 19963,06721.51$0
Mar 19962,46519.38$0
Feb 19962,29116.98$0
Jan 19962,55417.07$0
Dec 19952,49617.19$0
Nov 19952,53016.00$0
Oct 1995015.43$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                   50 Mcf  × $  3.93 =       $196

────────────────────────────────────────────────────
Month total                                     $196

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/156468 is the state's own key, not one this site invented.