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 159638District 08Field 49038639Hydrogen sulphide fieldGasSaveExport
Value, all time
$1.1 M
Jun 1996 – May 2026
Value, last 12 filed months
$10 k
at the published price for each month
Months reported
360
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
GasProduction249,417 Mcf$1,076,674
Total$1,076,674

9,733 Mcf of this lease's gas, across 4 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 31.8965, -103.1061. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.89647, -103.10606 · 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
5,500 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 5,500 ft.

Completions filed
Jun 1996
1 of 1 wells

1 well

42-495324853485,500 ftJun 1996

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 (360)

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

360 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 202536058.593.93$1,414
Oct 202555859.383.30$1,844
Sep 202554062.743.08$1,662
Aug 202555863.933.01$1,682
Jul 202555866.743.32$1,850
Jun 202554066.483.13$1,690
May 202555860.553.23$1,804
Apr 202545362.363.54$1,605
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 2023670.622.23$13
Apr 20231978.122.24$43
Mar 2023272.852.39$5
Feb 20231775.112.47$42
Jan 202313676.533.39$461
Dec 202247376.415.73$2,710
Nov 2022285.005.65$11
Oct 20227187.185.86$416
Sep 202236084.888.16$2,939
Aug 202238094.529.13$3,468
Jul 2022725101.587.54$5,468
Jun 2022632115.097.98$5,042
May 2022686109.378.43$5,785
Apr 2022452104.226.84$3,091
Mar 2022496108.885.08$2,518
Feb 202249191.054.86$2,386
Jan 202249181.844.54$2,228
Dec 202152471.323.90$2,043
Nov 202150477.435.24$2,639
Oct 202151479.795.71$2,937
Sep 202112469.865.35$664
Aug 202159166.024.22$2,494
Jul 202112170.783.98$482
Jun 2021069.493.38$0
May 202120863.483.02$628
Apr 202119560.362.76$538
Mar 202122961.302.72$622
Feb 202117857.805.55$988
Jan 202124750.412.81$694
Dec 202026744.642.68$714
Nov 202032638.772.71$882
Oct 20208736.972.48$216
Sep 202025537.091.99$508
Aug 202022239.982.39$529
Jul 202029538.371.83$538
Jun 202025834.901.69$436
May 202020416.921.81$370
Apr 202019114.751.80$345
Mar 202019030.341.86$353
Feb 202018749.881.98$370
Jan 202021457.252.09$448
Dec 201920659.012.30$475
Nov 201920155.302.75$553
Oct 2019053.472.42$0
Sep 201915155.052.66$401
Aug 201916653.112.30$383
Jul 201916556.272.46$406
Jun 201926352.782.49$655
May 201928058.482.74$767
Apr 201929062.632.75$798
Mar 201928556.803.06$873
Feb 201925450.852.79$709
Jan 201930346.033.23$978
Dec 201823246.594.19$971
Nov 201829352.934.24$1,242
Oct 201824661.443.40$836
Sep 201822859.543.11$709
Aug 201826559.403.07$813
Jul 201828665.142.93$839
Jun 201829960.183.08$920
May 201829365.382.90$850
Apr 201830363.842.90$879
Mar 201832261.222.79$897
Feb 201824261.782.77$669
Jan 201823662.874.01$946
Dec 201729157.272.92$850
Nov 201729655.423.12$923
Oct 201717049.292.98$507
Sep 201722247.523.09$685
Aug 201724945.373.00$748
Jul 201719943.873.09$614
Jun 20177942.493.09$244
May 201712545.373.26$408
Apr 201719047.933.21$610
Mar 20179646.772.98$286
Feb 201722050.452.95$650
Jan 201728949.413.42$988
Dec 201626548.763.72$987
Nov 201628742.492.64$759
Oct 201634446.193.09$1,063
Sep 201637241.553.10$1,153
Aug 201635441.442.92$1,035
Jul 201637241.622.92$1,088
Jun 201634845.352.69$935
May 201633642.521.99$669
Apr 201632236.561.99$641
Mar 201631533.011.79$565
Feb 201621526.472.06$444
Jan 201628527.352.36$674
Dec 201528332.362.00$566
Nov 201527738.792.17$600
Oct 201532143.552.43$779
Sep 201533742.992.76$930
Aug 201533740.162.87$968
Jul 201526848.152.95$789
Jun 201520556.152.88$591
May 201521355.212.96$630
Apr 201530449.822.71$823
Mar 201530742.892.93$901
Feb 201529644.662.98$881
Jan 201530143.433.10$933
Dec 201427154.693.59$973
Nov 201434370.464.25$1,458
Oct 201439078.303.90$1,521
Sep 201427686.164.05$1,117
Aug 201445089.394.04$1,816
Jul 201439396.564.18$1,643
Jun 201437798.164.74$1,786
May 201445294.734.73$2,136
Apr 201478895.944.81$3,790
Mar 201484095.895.06$4,248
Feb 201476897.406.19$4,755
Jan 201485690.404.86$4,161
Dec 201379491.824.35$3,457
Nov 201361188.853.74$2,284
Oct 201333397.423.78$1,259
Sep 2013615104.113.72$2,286
Aug 2013885104.253.52$3,118
Jul 2013761102.523.72$2,829
Jun 201385494.403.93$3,359
May 201387394.834.15$3,622
Apr 201383093.964.28$3,555
Mar 201381593.623.91$3,189
Feb 201384991.233.42$2,904
Jan 20131,02791.603.42$3,512
Dec 201267986.773.42$2,322
Nov 201268086.953.62$2,465
Oct 201247589.383.40$1,615
Sep 201263594.672.92$1,853
Aug 201269892.662.91$2,030
Jul 201255685.133.02$1,680
Jun 201217079.822.52$428
May 201226791.612.49$664
Apr 2012792101.652.00$1,581
Mar 2012754105.052.22$1,675
Feb 2012693101.102.57$1,781
Jan 201279398.092.73$2,168
Dec 201156796.873.24$1,837
Nov 201151295.723.31$1,695
Oct 201165784.983.65$2,397
Sep 201127583.623.99$1,096
Aug 2011083.404.15$0
Jul 201134394.144.52$1,549
Jun 201178592.904.64$3,642
May 20111,18298.134.40$5,207
Apr 20111,147105.964.33$4,970
Mar 201197496.364.06$3,952
Feb 201128785.644.18$1,200
Jan 201184586.504.59$3,878
Dec 20101,15185.734.35$5,004
Nov 20101,05880.843.80$4,015
Oct 20101,12678.103.51$3,951
Sep 20101,14172.633.98$4,541
Aug 20101,13673.684.42$5,020
Jul 201087272.554.74$4,130
Jun 201078170.364.91$3,835
May 201088971.124.24$3,765
Apr 20101,02781.694.12$4,234
Mar 20101,09078.394.39$4,784
Feb 20101,09073.585.44$5,932
Jan 20101,13574.365.96$6,769
Dec 20091,07771.445.48$5,906
Nov 20091,04974.593.75$3,935
Oct 20091,09972.544.11$4,517
Sep 200948965.543.06$1,499
Aug 200921967.423.22$705
Jul 200954961.133.46$1,902
Jun 20091,04466.163.90$4,066
May 20091,01054.743.93$3,965
Apr 20091,00846.773.59$3,616
Mar 20091,06642.144.06$4,327
Feb 200998332.814.63$4,554
Jan 20091,11435.865.37$5,983
Dec 20081,01637.105.98$6,073
Nov 20081,10855.496.86$7,601
Oct 200897475.246.92$6,742
Sep 2008334101.767.88$2,631
Aug 2008826114.228.48$7,007
Jul 2008901131.0811.39$10,262
Jun 2008909131.3313.03$11,847
May 2008942123.1711.57$10,903
Apr 2008858110.3110.45$8,970
Mar 20081,001101.909.66$9,674
Feb 200887792.538.77$7,692
Jan 20081,02190.388.21$8,378
Dec 200797288.337.30$7,098
Nov 200780591.677.29$5,870
Oct 20071,07182.856.92$7,413
Sep 200797675.846.24$6,094
Aug 200777969.066.39$4,976
Jul 20071,00070.906.39$6,388
Jun 200788262.007.55$6,658
May 200794358.747.85$7,399
Apr 200794059.617.81$7,337
Mar 200798456.927.30$7,185
Feb 200791155.108.22$7,485
Jan 20071,01250.306.73$6,808
Dec 200690656.656.92$6,268
Nov 200698254.207.62$7,480
Oct 200678054.906.01$4,691
Sep 200669760.085.04$3,511
Aug 200678568.717.34$5,762
Jul 200685869.376.34$5,442
Jun 200662366.286.38$3,977
May 200684766.016.42$5,442
Apr 200682164.397.36$6,043
Mar 200688656.707.08$6,275
Feb 200678457.597.75$6,077
Jan 200684060.598.93$7,504
Dec 200582954.9413.42$11,121
Nov 200586554.6910.59$9,159
Oct 200595058.3413.80$13,106
Sep 200578161.4512.08$9,434
Aug 200593661.519.80$9,170
Jul 200588555.697.84$6,942
Jun 200591352.337.38$6,739
May 200590345.226.65$6,006
Apr 200578449.207.36$5,771
Mar 200592250.377.15$6,597
Feb 200590645.226.31$5,719
Jan 200587743.166.32$5,545
Dec 20041,01139.866.75$6,825
Nov 200494945.286.33$6,008
Oct 200496949.706.52$6,313
Sep 200493343.245.28$4,930
Aug 200498742.375.55$5,479
Jul 20041,06038.286.08$6,449
Jun 200495236.106.43$6,124
May 200490337.486.49$5,865
Apr 200491034.475.86$5,331
Mar 200498934.365.53$5,469
Feb 200498732.455.51$5,438
Jan 20041,02132.036.30$6,432
Dec 20031,08330.266.30$6,825
Nov 20031,12128.804.60$5,151
Oct 20031,09228.174.76$5,198
Sep 20031,00926.314.75$4,792
Aug 20031,10729.765.13$5,679
Jul 200386329.415.17$4,462
Jun 200380128.565.98$4,792
May 200390726.595.97$5,417
Apr 200366526.675.41$3,596
Mar 200367231.146.10$4,097
Feb 200371933.487.93$5,699
Jan 200398330.315.58$5,487
Dec 200289826.914.85$4,359
Nov 200295624.664.14$3,955
Oct 200285726.464.23$3,624
Sep 20021,04427.443.64$3,795
Aug 20021,19825.963.16$3,791
Jul 20021,00224.583.06$3,068
Jun 20021,13923.733.34$3,802
May 200290824.663.58$3,254
Apr 20021,20523.653.51$4,232
Mar 20021,40022.003.10$4,344
Feb 20021,09818.222.38$2,609
Jan 200297717.172.38$2,321
Dec 20011,00816.932.36$2,383
Nov 20011,01618.072.41$2,444
Oct 200184919.782.53$2,147
Sep 200184824.262.25$1,909
Aug 200178424.873.05$2,394
Jul 200189623.933.20$2,865
Jun 200193924.563.82$3,591
May 20011,10525.524.31$4,760
Apr 20011,18124.685.34$6,301
Mar 20011,20524.545.38$6,479
Feb 200184727.755.77$4,885
Jan 20011,12727.478.40$9,465
Dec 200083826.889.12$7,645
Nov 200076932.215.66$4,351
Oct 200067931.235.15$3,494
Sep 200073631.875.19$3,817
Aug 200096029.644.54$4,359
Jul 200097228.534.09$3,975
Jun 20001,06929.304.40$4,701
May 20001,66627.263.68$6,130
Apr 200093624.513.12$2,917
Mar 200080128.422.86$2,291
Feb 200080427.622.73$2,192
Jan 200043425.272.48$1,077
Dec 199942224.282.42$1,023
Nov 19991,16123.192.43$2,826
Oct 19991,38320.982.80$3,878
Sep 19991,39221.752.62$3,645
Aug 19991,56419.262.88$4,497
Jul 19991,49417.892.37$3,544
Jun 19991,40515.942.36$3,319
May 19991,44415.792.32$3,352
Apr 19991,54515.102.21$3,411
Mar 19991,48312.471.84$2,726
Feb 19991,3429.981.82$2,439
Jan 19991,36910.381.90$2,601
Dec 199809.201.77$0
Nov 19981,67910.892.19$3,670
Oct 19981,69112.421.97$3,330
Sep 19981,63412.592.08$3,403
Aug 19981,74511.301.91$3,328
Jul 19981,74111.742.24$3,895
Jun 19981,59911.242.24$3,577
May 19981,79412.622.21$3,958
Apr 19981,62213.042.51$4,064
Mar 19981,68012.802.31$3,880
Feb 19981,81213.952.30$4,166
Jan 19981,01414.702.15$2,185
Dec 19971,68016.322.41$4,051
Nov 19971,65418.193.09$5,108
Oct 19971,90919.253.15$6,013
Sep 19971,82317.742.95$5,387
Aug 19971,98317.862.55$5,066
Jul 19971,80417.582.25$4,053
Jun 19971,46217.242.26$3,300
May 19971,77718.972.31$4,102
Apr 19971,60917.882.08$3,351
Mar 19971,86118.951.94$3,609
Feb 19971,46020.492.21$3,221
Jan 19971,78723.483.54$6,325
Dec 19962,03723.32$0
Nov 19962,21321.97$0
Oct 1996023.31$0
Sep 1996022.22$0
Aug 1996020.26$0
Jul 19962,70819.55$0
Jun 19962,77518.73$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                  360 Mcf  × $  3.93 =     $1,414

────────────────────────────────────────────────────
Month total                                   $1,414

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/159638 is the state's own key, not one this site invented.