STATE-WALTON "E"

Operated by FORMENTERA OPERATIONS LLC (P-5 276959) in the KERMIT (MCKEE) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 159640District 08Field 49038426CondensateGasSaveExport
Value, all time
$5.2 M
Apr 1996 – May 2026
Value, last 12 filed months
$79 k
at the published price for each month
Months reported
362
no gaps in the span
Streams
2
condensate, 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 61 leases and 74 wells, and the rule below applies to all of them.

Discovered
1960-02-11
as the register files it
Field class
Oil and gas
the register's own label
Between wells
no field rule filed
From a lease line
no field rule filed

The Commission's schedule remark for this field reads: AOF-1 AND AOF-2 EFFECTIVE 12/01/96.

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
CondensateDisposition31,845 bbl$1,597,164
GasProduction744,352 Mcf$3,585,986
Total$5,183,150

17,391 Mcf of this lease's gas, across 6 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 31.9202, -103.1206. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.92018, -103.12056 · 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
10,684 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 10,684 ft.

Completions filed
Apr 1987
1 of 1 wells

1 well

42-495031772710,684 ftApr 1987

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 (362)

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

362 months

May 202600106.413.05$0
Apr 20260098.932.87$0
Mar 20265918589.753.15$5,878
Feb 202618414663.503.75$12,232
Jan 2026082359.138.00$6,582
Dec 202501,49456.664.41$6,594
Nov 20251911,24658.593.93$16,083
Oct 202501,50859.383.30$4,984
Sep 2025083762.743.08$2,575
Aug 2025083963.933.01$2,529
Jul 20251571,49066.743.32$15,418
Jun 202501,89766.483.13$5,935
May 202501,64460.553.23$5,314
Apr 202514715762.363.54$9,723
Mar 20250067.704.27$0
Feb 2025162070.884.34$11,483
Jan 202501,70774.324.28$7,304
Dec 202402,65368.993.12$8,281
Nov 20241821,88569.052.20$16,711
Oct 202402,32971.372.28$5,313
Sep 202401,84269.612.36$4,355
Aug 20241331,92075.632.06$14,021
Jul 202402,31879.932.15$4,976
Jun 20240078.082.63$0
May 20240078.812.20$0
Apr 20240084.451.66$0
Mar 20240080.301.55$0
Feb 20240076.091.78$0
Jan 20240073.023.30$0
Dec 20230071.262.61$0
Nov 20230077.892.81$0
Oct 20230085.443.09$0
Sep 20230089.042.74$0
Aug 20230080.522.67$0
Jul 20230074.852.64$0
Jun 20230068.962.26$0
May 20230070.622.23$0
Apr 20230078.122.24$0
Mar 20230072.852.39$0
Feb 20230075.112.47$0
Jan 20230076.533.39$0
Dec 20220076.415.73$0
Nov 20220085.005.65$0
Oct 20220087.185.86$0
Sep 20220084.888.16$0
Aug 20220094.529.13$0
Jul 202200101.587.54$0
Jun 202200115.097.98$0
May 202200109.378.43$0
Apr 202200104.226.84$0
Mar 20221700108.885.08$18,510
Feb 20220091.054.86$0
Jan 20220081.844.54$0
Dec 2021170071.323.90$12,124
Nov 20210077.435.24$0
Oct 2021166079.795.71$13,245
Sep 20210069.865.35$0
Aug 20210066.024.22$0
Jul 2021170070.783.98$12,033
Jun 20210069.493.38$0
May 202101,18863.483.02$3,585
Apr 20211751,07860.362.76$13,537
Mar 202101,26661.302.72$3,440
Feb 20211851,06157.805.55$16,579
Jan 202101,42050.412.81$3,991
Dec 202001,52744.642.68$4,085
Nov 20201811,77038.772.71$11,808
Oct 2020031836.972.48$788
Sep 20201711,42737.091.99$9,184
Aug 202001,22439.982.39$2,919
Jul 202001,66438.371.83$3,037
Jun 20201751,26134.901.69$8,239
May 202001,11716.921.81$2,027
Apr 20201881,05114.751.80$4,669
Mar 202001,09530.341.86$2,033
Feb 202001,06749.881.98$2,113
Jan 20201881,19257.252.09$13,260
Dec 201901,13759.012.30$2,620
Nov 20191861,19155.302.75$13,562
Oct 2019011053.472.42$266
Sep 2019079055.052.66$2,099
Aug 201917692653.112.30$11,481
Jul 2019096456.272.46$2,372
Jun 20191761,55252.782.49$13,156
May 201901,65158.482.74$4,524
Apr 201901,70962.632.75$4,701
Mar 20191751,68856.803.06$15,109
Feb 201901,49450.852.79$4,172
Jan 20191751,80946.033.23$13,895
Dec 201801,38946.594.19$5,814
Nov 201801,72852.934.24$7,322
Oct 20181871,55061.443.40$16,756
Sep 201818381759.543.11$13,435
Aug 201801,14159.403.07$3,499
Jul 201801,37065.142.93$4,017
Jun 20181841,34060.183.08$15,196
May 201801,37865.382.90$3,997
Apr 201801,03563.842.90$3,002
Mar 20181871,01361.222.79$14,271
Feb 2018077761.782.77$2,149
Jan 201818475462.874.01$14,591
Dec 2017091157.272.92$2,662
Nov 20171901,02055.423.12$13,711
Oct 2017032449.292.98$967
Sep 201718177647.523.09$10,997
Aug 2017075145.373.00$2,256
Jul 2017043943.873.09$1,355
Jun 20171757642.493.09$7,670
May 2017046245.373.26$1,508
Apr 2017043747.933.21$1,403
Mar 201717726346.772.98$9,063
Feb 2017078950.452.95$2,330
Jan 20171801,34149.413.42$13,478
Dec 201601,36648.763.72$5,085
Nov 201617296042.492.64$9,847
Oct 201601,55246.193.09$4,796
Sep 20161831,70341.553.10$12,884
Aug 201601,59341.442.92$4,658
Jul 201601,65841.622.92$4,849
Jun 20161741,82545.352.69$12,793
May 201601,45942.521.99$2,905
Apr 20161781,21036.561.99$8,917
Mar 201601,12733.011.79$2,022
Feb 201617748726.472.06$5,690
Jan 2016088627.352.36$2,095
Dec 20151811,11232.362.00$8,083
Nov 201501,03838.792.17$2,250
Oct 201501,60243.552.43$3,887
Sep 20151801,98742.992.76$13,219
Aug 20151781,58640.162.87$11,704
Jul 201501,06348.152.95$3,131
Jun 2015093356.152.88$2,690
May 201519494255.212.96$13,495
Apr 201502,37649.822.71$6,431
Mar 20151902,26042.892.93$14,782
Feb 201501,42644.662.98$4,244
Jan 20151941,23943.433.10$12,267
Dec 201417766954.693.59$12,083
Nov 201401,19470.464.25$5,077
Oct 20141851,65478.303.90$20,938
Sep 2014078586.164.05$3,176
Aug 20141791,70689.394.04$22,885
Jul 201401,39496.564.18$5,826
Jun 20141801,37798.164.74$24,191
May 201401,24694.734.73$5,889
Apr 20141751,26895.944.81$22,887
Mar 201401,84895.895.06$9,345
Feb 201401,81597.406.19$11,238
Jan 20141792,70690.404.86$29,335
Dec 20131832,53291.824.35$27,829
Nov 201303,46288.853.74$12,942
Oct 201302,07397.423.78$7,835
Sep 20131772,051104.113.72$26,053
Aug 201302,623104.253.52$9,240
Jul 20131761,885102.523.72$25,051
Jun 201302,25394.403.93$8,862
May 20131742,48694.834.15$26,815
Apr 201302,79693.964.28$11,974
Mar 20131852,84893.623.91$28,464
Feb 201302,39691.233.42$8,194
Jan 20131862,37091.603.42$25,143
Dec 201201,68786.773.42$5,770
Nov 20121733,06986.953.62$26,167
Oct 201201,88589.383.40$6,408
Sep 20121892,15294.672.92$24,173
Aug 201202,52692.662.91$7,346
Jul 20121862,40185.133.02$23,087
Jun 201201,30379.822.52$3,282
May 20121762,09891.612.49$21,344
Apr 201201,793101.652.00$3,580
Mar 20121741,596105.052.22$21,825
Feb 201201,770101.102.57$4,549
Jan 20121811,98398.092.73$23,176
Dec 201101,89996.873.24$6,152
Nov 20111771,24195.723.31$21,052
Oct 201101,45584.983.65$5,309
Sep 201101,56783.623.99$6,246
Aug 20111822,92483.404.15$27,311
Jul 201118179194.144.52$20,612
Jun 201101,41992.904.64$6,584
May 20111801,92598.134.40$26,143
Apr 201102,020105.964.33$8,753
Mar 20111862,23596.364.06$26,991
Feb 201102,81485.644.18$11,762
Jan 20111811,59686.504.59$22,980
Dec 201002,25285.734.35$9,791
Nov 20101812,10180.843.80$22,606
Oct 201002,41078.103.51$8,456
Sep 201002,16072.633.98$8,596
Aug 20101882,65473.684.42$25,581
Jul 201002,33772.554.74$11,069
Jun 20101821,94670.364.91$22,361
May 201002,36171.124.24$9,999
Apr 20101732,44781.694.12$24,221
Mar 201002,51878.394.39$11,051
Feb 20101872,33773.585.44$26,478
Jan 201002,44974.365.96$14,606
Dec 20091932,52171.445.48$27,612
Nov 200902,59874.593.75$9,746
Oct 20091852,97272.544.11$25,636
Sep 200903,64965.543.06$11,183
Aug 20091883,28567.423.22$23,248
Jul 200901,26361.133.46$4,376
Jun 20091783,47666.163.90$25,316
May 200904,52354.743.93$17,756
Apr 20091804,81846.773.59$25,703
Mar 200904,52542.144.06$18,367
Feb 20091904,03132.814.63$24,910
Jan 200904,24435.865.37$22,795
Dec 20081914,18337.105.98$32,088
Nov 200804,21455.496.86$28,910
Oct 20081898,00775.246.92$69,645
Sep 200803,851101.767.88$30,335
Aug 20081865,873114.228.48$71,066
Jul 200805,082131.0811.39$57,881
Jun 20081864,640131.3313.03$84,899
May 200804,607123.1711.57$53,323
Apr 20081825,041110.3110.45$72,779
Mar 200805,306101.909.66$51,278
Feb 20081896,97192.538.77$78,628
Jan 200808,60590.388.21$70,610
Dec 20071916,71788.337.30$65,918
Nov 200706,37591.677.29$46,485
Oct 20071905,76282.856.92$55,626
Sep 20071852,09675.846.24$27,118
Aug 200701,52169.066.39$9,716
Jul 200701,84470.906.39$11,779
Jun 20071781,85062.007.55$25,001
May 200702,14258.747.85$16,807
Apr 20071702,82759.617.81$32,199
Mar 20071833,27056.927.30$34,294
Feb 200702,76755.108.22$22,734
Jan 20071912,68450.306.73$27,662
Dec 200605,87656.656.92$40,653
Nov 20061902,30554.207.62$27,856
Oct 200604,24054.906.01$25,499
Sep 20061813,98060.085.04$30,923
Aug 200604,07768.717.34$29,925
Jul 20061844,28169.376.34$39,917
Jun 20061853,70666.286.38$35,920
May 200603,92566.016.42$25,218
Apr 20061893,82564.397.36$40,324
Mar 20061884,66456.707.08$43,694
Feb 200604,13057.597.75$32,012
Jan 20061914,42260.598.93$51,076
Dec 200504,62554.9413.42$62,046
Nov 20051844,15154.6910.59$54,015
Oct 20051882,68958.3413.80$48,065
Sep 200505,42561.4512.08$65,529
Aug 20051894,08061.519.80$51,597
Jul 20051893,85455.697.84$40,755
Jun 200503,49952.337.38$25,826
May 20051833,02745.226.65$28,408
Apr 200503,21949.207.36$23,693
Mar 20051852,04350.377.15$23,936
Feb 20051932,03345.226.31$21,560
Jan 200502,20443.166.32$13,934
Dec 20041952,78639.866.75$26,581
Nov 20041932,28945.286.33$23,229
Oct 200402,35749.706.52$15,356
Sep 20041842,31743.245.28$20,199
Aug 20041842,03542.375.55$19,092
Jul 200402,07738.286.08$12,637
Jun 20041852,24536.106.43$21,121
May 20041932,07537.486.49$20,710
Apr 200402,14034.475.86$12,537
Mar 20041942,25534.365.53$19,136
Feb 20041972,05832.455.51$17,731
Jan 20041942,47432.036.30$21,799
Dec 20031972,80230.266.30$23,618
Nov 200302,43028.804.60$11,166
Oct 20031942,56728.174.76$17,683
Sep 20031922,31026.314.75$16,023
Aug 200302,47229.765.13$12,681
Jul 200302,62529.415.17$13,573
Jun 20031922,48828.565.98$20,369
May 200302,53726.595.97$15,153
Apr 20031922,25826.675.41$17,330
Mar 200302,81231.146.10$17,142
Feb 20031912,55133.487.93$26,614
Jan 20031983,02430.315.58$22,881
Dec 200202,99826.914.85$14,552
Nov 20021842,77524.664.14$16,018
Oct 200202,99826.464.23$12,679
Sep 20021863,04127.443.64$16,158
Aug 200203,00225.963.16$9,499
Jul 20021862,86324.583.06$13,338
Jun 20021933,06623.733.34$14,815
May 200202,23324.663.58$8,003
Apr 20021952,48623.653.51$13,343
Mar 20021992,40622.003.10$11,843
Feb 20022001,92218.222.38$8,210
Jan 200202,85817.172.38$6,790
Dec 20011893,44016.932.36$11,333
Nov 200103,06918.072.41$7,383
Oct 20011993,04919.782.53$11,647
Sep 200103,40024.262.25$7,654
Aug 20011793,50124.873.05$15,141
Jul 2001092823.933.20$2,967
Jun 200119070724.563.82$7,370
May 20011912,85025.524.31$17,150
Apr 200102,90824.685.34$15,515
Mar 20011876,04024.545.38$37,063
Feb 20011956,05127.755.77$40,308
Jan 20011943,54827.478.40$35,128
Dec 20001944,52726.889.12$46,512
Nov 20001913,03832.215.66$23,341
Oct 200002,90431.235.15$14,943
Sep 20001841,92131.875.19$15,827
Aug 20001892,84929.644.54$18,539
Jul 20001843,36328.534.09$19,003
Jun 200002,93829.304.40$12,919
May 20003642,55727.263.68$19,332
Apr 200002,70024.513.12$8,413
Mar 20001913,41528.422.86$15,194
Feb 200002,22827.622.73$6,075
Jan 20001891,57225.272.48$8,675
Dec 1999420424.282.42$592
Nov 19991882,78723.192.43$11,143
Oct 19991862,93320.982.80$12,126
Sep 19991782,85921.752.62$11,359
Aug 199903,17619.262.88$9,133
Jul 19991823,19117.892.37$10,826
Jun 19991802,13315.942.36$7,908
May 19991862,66415.792.32$9,120
Apr 19991871,46915.102.21$6,067
Mar 19991862,61412.471.84$7,125
Feb 199902,1759.981.82$3,954
Jan 19992032,41110.381.90$6,688
Dec 19981912,4059.201.77$6,022
Nov 19981872,40110.892.19$7,284
Oct 19981882,48212.421.97$7,223
Sep 199802,41512.592.08$5,030
Aug 19981862,49811.301.91$6,866
Jul 19981832,59111.742.24$7,945
Jun 19981842,52311.242.24$7,713
May 19981842,60112.622.21$8,061
Apr 199802,56513.042.51$6,426
Mar 199803,08312.802.31$7,120
Feb 19981893,42513.952.30$10,511
Jan 19981861,46714.702.15$5,895
Dec 1997033516.322.41$808
Nov 1997024318.193.09$750
Oct 199702,32619.253.15$7,326
Sep 199714881517.742.95$5,034
Aug 199701,66417.862.55$4,251
Jul 19971592,98017.582.25$9,491
Jun 19971853,11917.242.26$10,230
May 199703,35118.972.31$7,736
Apr 19971883,39317.882.08$10,428
Mar 19971863,94618.951.94$11,177
Feb 199703,62020.492.21$7,985
Jan 199704623.483.54$163
Dec 19961811,34423.32$4,221
Nov 199603,59821.97$0
Oct 19961904,13323.31$4,429
Sep 19961911,83122.22$4,244
Aug 199603,09920.26$0
Jul 19961833,38619.55$3,578
Jun 19960018.73$0
May 19960019.43$0
Apr 19960021.51$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.

Mar 2026 — as filed, then multipliedworked
Condensate            59 bbl  × $ 89.75 =     $5,295
Gas                  185 Mcf  × $  3.15 =       $583

────────────────────────────────────────────────────
Month total                                   $5,878

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/159640 is the state's own key, not one this site invented.