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 178576District 08Field 490384262 tax incentive programmesCondensateGasSaveExport
Value, all time
$8.7 M
Aug 2000 – May 2026
Value, last 12 filed months
$18 k
at the published price for each month
Months reported
310
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.

Severance-tax incentive filings

Applications the operator filed to have this lease's gas taxed at a reduced state rate. A filing is an application, and this page never calls one a reduction that was granted.

ProgrammeFilingsWith an approval dateDatedDocket
High Cost Gas112004-03-17155758
NGPA1none

This says nothing about a royalty. A severance tax is charged to the operator. Whether a reduced rate reaches a royalty owner depends on the wording of the lease instrument, which is a private contract this site does not hold.

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
CondensateDisposition7,131 bbl$208,640
GasProduction1,628,175 Mcf$8,488,366
Total$8,697,006

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 31.9073, -103.0992. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.90727, -103.09923 · 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
10,190 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 10,190 ft.

Completions filed
Aug 2000
1 of 1 wells

1 well

42-4953280035M10,190 ftAug 2000

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 (310)

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

310 months

May 202600106.413.05$0
Apr 20260098.932.87$0
Mar 20260089.753.15$0
Feb 20260063.503.75$0
Jan 2026034859.138.00$2,783
Dec 2025077656.664.41$3,425
Nov 2025028958.593.93$1,135
Oct 2025080459.383.30$2,657
Sep 2025082262.743.08$2,529
Aug 2025065763.933.01$1,981
Jul 2025028866.743.32$955
Jun 2025084666.483.13$2,647
May 2025096060.553.23$3,103
Apr 202503162.363.54$110
Mar 20250067.704.27$0
Feb 20250070.884.34$0
Jan 2025081274.324.28$3,474
Dec 202405468.993.12$169
Nov 2024030669.052.20$673
Oct 2024016771.372.28$381
Sep 2024048569.612.36$1,147
Aug 2024017875.632.06$367
Jul 2024011479.932.15$245
Jun 202405978.082.63$155
May 202401,00578.812.20$2,209
Apr 202407584.451.66$124
Mar 2024081580.301.55$1,259
Feb 2024051776.091.78$922
Jan 2024024573.023.30$808
Dec 202301,04771.262.61$2,733
Nov 2023034577.892.81$969
Oct 2023057985.443.09$1,788
Sep 2023093189.042.74$2,546
Aug 2023073980.522.67$1,975
Jul 2023084474.852.64$2,230
Jun 202301,04768.962.26$2,365
May 2023092370.622.23$2,056
Apr 202301,77078.122.24$3,961
Mar 2023091972.852.39$2,199
Feb 202301,43975.112.47$3,548
Jan 202301,14976.533.39$3,892
Dec 202202,02276.415.73$11,584
Nov 202201,50685.005.65$8,503
Oct 202201,94687.185.86$11,411
Sep 202204,01684.888.16$32,785
Aug 202201,93794.529.13$17,679
Jul 20220410101.587.54$3,092
Jun 202201,939115.097.98$15,468
May 20220990109.378.43$8,349
Apr 20220333104.226.84$2,277
Mar 20220838108.885.08$4,254
Feb 2022086491.054.86$4,198
Jan 2022086481.844.54$3,921
Dec 2021086371.323.90$3,365
Nov 20210077.435.24$0
Oct 202105779.795.71$326
Sep 2021085569.865.35$4,575
Aug 2021071966.024.22$3,035
Jul 2021069670.783.98$2,772
Jun 20210069.493.38$0
May 2021075563.483.02$2,278
Apr 2021071060.362.76$1,958
Mar 2021071161.302.72$1,932
Feb 2021015057.805.55$832
Jan 20210050.412.81$0
Dec 20200044.642.68$0
Nov 20200038.772.71$0
Oct 20200036.972.48$0
Sep 2020072637.091.99$1,446
Aug 2020095639.982.39$2,280
Jul 2020085038.371.83$1,551
Jun 20200034.901.69$0
May 20200016.921.81$0
Apr 2020064214.751.80$1,158
Mar 202001,15230.341.86$2,138
Feb 202001,07049.881.98$2,119
Jan 202001,01057.252.09$2,116
Dec 2019086759.012.30$1,998
Nov 2019038955.302.75$1,070
Oct 2019045153.472.42$1,091
Sep 2019045055.052.66$1,196
Aug 2019036253.112.30$834
Jul 2019041456.272.46$1,018
Jun 2019020052.782.49$498
May 2019043758.482.74$1,198
Apr 2019040662.632.75$1,117
Mar 2019046056.803.06$1,409
Feb 2019037250.852.79$1,039
Jan 2019046746.033.23$1,508
Dec 2018027246.594.19$1,138
Nov 2018046052.934.24$1,949
Oct 2018047561.443.40$1,614
Sep 2018048759.543.11$1,514
Aug 2018042759.403.07$1,309
Jul 2018032965.142.93$965
Jun 2018032560.183.08$1,000
May 2018040465.382.90$1,172
Apr 2018037963.842.90$1,099
Mar 2018068761.222.79$1,915
Feb 2018068461.782.77$1,892
Jan 20180062.874.01$0
Dec 2017060557.272.92$1,768
Nov 2017040955.423.12$1,275
Oct 2017036149.292.98$1,077
Sep 20170047.523.09$0
Aug 2017095445.373.00$2,866
Jul 2017095043.873.09$2,933
Jun 2017091442.493.09$2,822
May 201701,02145.373.26$3,332
Apr 2017097547.933.21$3,131
Mar 2017090546.772.98$2,700
Feb 201701,06050.452.95$3,130
Jan 201701,33749.413.42$4,571
Dec 201601,32348.763.72$4,925
Nov 201601,49342.492.64$3,948
Oct 201601,58246.193.09$4,889
Sep 201601,49841.553.10$4,645
Aug 201601,51641.442.92$4,433
Jul 201601,36441.622.92$3,989
Jun 201601,45045.352.69$3,894
May 201601,40342.521.99$2,793
Apr 201601,37936.561.99$2,746
Mar 201601,43633.011.79$2,576
Feb 201601,44226.472.06$2,976
Jan 201601,74927.352.36$4,135
Dec 201502,12832.362.00$4,259
Nov 201502,24938.792.17$4,874
Oct 201501,89543.552.43$4,598
Sep 201501,27442.992.76$3,514
Aug 201501,39140.162.87$3,996
Jul 201501,31548.152.95$3,873
Jun 201501,30756.152.88$3,768
May 201501,23655.212.96$3,653
Apr 201501,52249.822.71$4,119
Mar 201501,55542.892.93$4,563
Feb 201501,18344.662.98$3,521
Jan 2015083943.433.10$2,601
Dec 2014098354.693.59$3,530
Nov 201401,16270.464.25$4,941
Oct 201401,77078.303.90$6,905
Sep 201401,10686.164.05$4,474
Aug 2014081789.394.04$3,297
Jul 2014079096.564.18$3,302
Jun 2014069998.164.74$3,311
May 2014061494.734.73$2,902
Apr 2014077095.944.81$3,703
Mar 2014083595.895.06$4,222
Feb 2014086097.406.19$5,325
Jan 201402,17690.404.86$10,577
Dec 201302,06991.824.35$9,009
Nov 201301,88988.853.74$7,062
Oct 201301,47897.423.78$5,586
Sep 201302,013104.113.72$7,484
Aug 201301,871104.253.52$6,591
Jul 201301,693102.523.72$6,294
Jun 201301,79194.403.93$7,045
May 201301,71694.834.15$7,120
Apr 201301,48493.964.28$6,355
Mar 201302,39293.623.91$9,360
Feb 201302,15491.233.42$7,366
Jan 201301,64391.603.42$5,619
Dec 201201,24886.773.42$4,268
Nov 2012068586.953.62$2,483
Oct 2012054689.383.40$1,856
Sep 2012045994.672.92$1,340
Aug 2012053392.662.91$1,550
Jul 2012075385.133.02$2,275
Jun 2012073779.822.52$1,857
May 2012099991.612.49$2,486
Apr 201201,325101.652.00$2,646
Mar 201201,481105.052.22$3,291
Feb 201201,214101.102.57$3,120
Jan 201201,24598.092.73$3,404
Dec 201102,07996.873.24$6,735
Nov 2011082895.723.31$2,742
Oct 201102,05384.983.65$7,490
Sep 201101,32283.623.99$5,269
Aug 201105083.404.15$207
Jul 2011062794.144.52$2,832
Jun 201101,73792.904.64$8,059
May 201101,74598.134.40$7,686
Apr 201101,658105.964.33$7,185
Mar 201101,25796.364.06$5,100
Feb 201101,39385.644.18$5,823
Jan 201101,72086.504.59$7,893
Dec 201001,62485.734.35$7,061
Nov 201001,57380.843.80$5,970
Oct 201001,42578.103.51$5,000
Sep 201001,23672.633.98$4,919
Aug 201001,29673.684.42$5,727
Jul 201001,27372.554.74$6,030
Jun 201001,16770.364.91$5,730
May 201001,05671.124.24$4,472
Apr 201001,12581.694.12$4,638
Mar 201001,00778.394.39$4,419
Feb 2010090073.585.44$4,898
Jan 201001,02574.365.96$6,113
Dec 200901,16771.445.48$6,400
Nov 200901,14974.593.75$4,310
Oct 200901,18472.544.11$4,867
Sep 200901,07965.543.06$3,307
Aug 20090067.423.22$0
Jul 2009063361.133.46$2,193
Jun 200901,30566.163.90$5,083
May 200901,44254.743.93$5,661
Apr 200901,48946.773.59$5,342
Mar 200901,43242.144.06$5,812
Feb 200901,20332.814.63$5,574
Jan 200901,66235.865.37$8,927
Dec 200801,53837.105.98$9,193
Nov 200802,11455.496.86$14,503
Oct 200803,51475.246.92$24,324
Sep 200801,626101.767.88$12,808
Aug 200803,216114.228.48$27,281
Jul 200803,032131.0811.39$34,533
Jun 200803,034131.3313.03$39,541
May 200803,046123.1711.57$35,255
Apr 200802,903110.3110.45$30,350
Mar 200803,090101.909.66$29,862
Feb 200802,31092.538.77$20,260
Jan 200801,95990.388.21$16,075
Dec 200762,26988.337.30$17,098
Nov 200703,08991.677.29$22,524
Oct 200705,24682.856.92$36,313
Sep 200704,40675.846.24$27,512
Aug 200704,48169.066.39$28,624
Jul 200702,85370.906.39$18,225
Jun 200705,97262.007.55$45,079
May 200707,11758.747.85$55,842
Apr 2007126,76459.617.81$53,510
Mar 200705,52956.927.30$40,373
Feb 200705,82755.108.22$47,875
Jan 200762,51450.306.73$17,213
Dec 200607,92856.656.92$54,849
Nov 200603,13654.207.62$23,888
Oct 2006127,00254.906.01$42,767
Sep 200609,61460.085.04$48,428
Aug 2006010,78368.717.34$79,146
Jul 2006010,43669.376.34$66,193
Jun 200609,29766.286.38$59,351
May 200607,23566.016.42$46,485
Apr 2006438,20664.397.36$63,169
Mar 200603,45856.707.08$24,493
Feb 200607,68357.597.75$59,552
Jan 200608,91460.598.93$79,632
Dec 200508,22554.9413.42$110,342
Nov 2005818,68454.6910.59$96,380
Oct 200508,60358.3413.80$118,685
Sep 200506,87361.4512.08$83,019
Aug 2005737,49361.519.80$77,898
Jul 200508,97555.697.84$70,397
Jun 200508,37852.337.38$61,838
May 2005558,73745.226.65$60,598
Apr 200508,37549.207.36$61,644
Mar 200507,89250.377.15$56,466
Feb 2005387,06745.226.31$46,325
Jan 200506,77943.166.32$42,858
Dec 2004377,69139.866.75$53,397
Nov 200409,99445.286.33$63,266
Oct 2004365,00849.706.52$34,417
Sep 200409,02943.245.28$47,708
Aug 200409,95142.375.55$55,235
Jul 20043810,70938.286.08$66,610
Jun 2004010,73236.106.43$69,039
May 20044412,51837.486.49$82,948
Apr 2004014,82434.475.86$86,846
Mar 2004010,86234.365.53$60,068
Feb 20044810,65332.455.51$60,252
Jan 2004010,53032.036.30$66,335
Dec 2003011,44730.266.30$72,135
Nov 20038612,35828.804.60$59,264
Oct 2003011,45128.174.76$54,503
Sep 2003013,48326.314.75$64,036
Aug 2003013,28929.765.13$68,169
Jul 2003015,82229.415.17$81,813
Jun 2003013,61928.565.98$81,482
May 2003014,23726.595.97$85,033
Apr 2003015,62026.675.41$84,462
Mar 200320219,41531.146.10$124,645
Feb 2003015,99833.487.93$126,798
Jan 2003016,89930.315.58$94,331
Dec 2002020,39526.914.85$98,992
Nov 200210018,32724.664.14$78,284
Oct 2002017,28826.464.23$73,113
Sep 20028814,75327.443.64$56,045
Aug 2002018,50125.963.16$58,540
Jul 20028017,60224.583.06$55,860
Jun 2002014,83923.733.34$49,536
May 2002012,90024.663.58$46,234
Apr 20029920,73823.653.51$75,180
Mar 20029023,18722.003.10$73,923
Feb 20029619,47018.222.38$48,004
Jan 200210224,49717.172.38$59,948
Dec 200110729,81516.932.36$72,306
Nov 2001029,17418.072.41$70,179
Oct 20019029,45319.782.53$76,263
Sep 200117837,07924.262.25$87,795
Aug 200110232,27924.873.05$101,090
Jul 200110834,57723.933.20$113,130
Jun 200112235,03624.563.82$136,980
May 200113839,47225.524.31$173,540
Apr 200129641,58324.685.34$229,164
Mar 200138943,31124.545.38$242,405
Feb 200133843,07227.755.77$257,779
Jan 200169746,69027.478.40$411,285
Dec 200053039,14526.889.12$371,347
Nov 200033129,52432.215.66$177,708
Oct 200080246,23531.235.15$262,949
Sep 200084440,12231.875.19$234,991
Aug 200058737,63329.644.54$188,281

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.

Jan 2026 — as filed, then multipliedworked
Condensate             0 bbl  × $ 59.13 =         $0
Gas                  348 Mcf  × $  8.00 =     $2,783

────────────────────────────────────────────────────
Month total                                   $2,783

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/178576 is the state's own key, not one this site invented.