STATE-WALTON

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 20262District 08Field 49038639Hydrogen sulphide fieldNGPA filingCondensateGasSaveExport
Value, all time
$501 k
Jan 1993 – May 2026
Value, last 12 filed months
$6 k
at the published price for each month
Months reported
401
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 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

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
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
CondensateDisposition26 bbl$701
GasProduction194,964 Mcf$500,777
Total$501,478

65,556 Mcf of this lease's gas, across 31 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 31.9231, -103.1204. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.92308, -103.12039 · 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
no depth filed
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.

Completions filed
Jan 1962
1 of 1 wells

1 well

42-4950488336 CJan 1962

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 (401)

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

401 months

May 202600106.413.05$0
Apr 20260098.932.87$0
Mar 20260089.753.15$0
Feb 20260063.503.75$0
Jan 20260059.138.00$0
Dec 20250056.664.41$0
Nov 2025020058.593.93$785
Oct 2025031059.383.30$1,025
Sep 2025030062.743.08$923
Aug 2025031063.933.01$935
Jul 2025031066.743.32$1,028
Jun 2025030066.483.13$939
May 2025031060.553.23$1,002
Apr 202501,22862.363.54$4,351
Mar 20250067.704.27$0
Feb 20250070.884.34$0
Jan 20250074.324.28$0
Dec 20240068.993.12$0
Nov 20240069.052.20$0
Oct 20240071.372.28$0
Sep 20240069.612.36$0
Aug 20240075.632.06$0
Jul 20240079.932.15$0
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 20230370.622.23$7
Apr 202301378.122.24$29
Mar 20230172.852.39$2
Feb 20230875.112.47$20
Jan 202306876.533.39$230
Dec 2022023676.415.73$1,352
Nov 20220185.005.65$6
Oct 202206087.185.86$352
Sep 2022030084.888.16$2,449
Aug 2022031794.529.13$2,893
Jul 20220604101.587.54$4,555
Jun 20220526115.097.98$4,196
May 20220572109.378.43$4,824
Apr 20220376104.226.84$2,571
Mar 20220414108.885.08$2,102
Feb 2022040991.054.86$1,987
Jan 2022040981.844.54$1,856
Dec 2021043771.323.90$1,704
Nov 2021042077.435.24$2,199
Oct 20210079.795.71$0
Sep 20210069.865.35$0
Aug 20210066.024.22$0
Jul 20210070.783.98$0
Jun 2021020269.493.38$683
May 2021019163.483.02$576
Apr 2021017960.362.76$494
Mar 2021021061.302.72$571
Feb 2021016457.805.55$910
Jan 2021022750.412.81$638
Dec 2020024544.642.68$655
Nov 2020030038.772.71$812
Oct 202008036.972.48$198
Sep 2020023437.091.99$466
Aug 2020020439.982.39$487
Jul 2020027238.371.83$496
Jun 2020023734.901.69$401
May 2020018816.921.81$341
Apr 2020017614.751.80$318
Mar 2020017530.341.86$325
Feb 2020017249.881.98$341
Jan 2020019657.252.09$411
Dec 2019018959.012.30$436
Nov 2019018455.302.75$506
Oct 20190053.472.42$0
Sep 2019013955.052.66$369
Aug 2019015353.112.30$353
Jul 2019015156.272.46$371
Jun 2019024252.782.49$603
May 2019025758.482.74$704
Apr 2019026762.632.75$734
Mar 2019026256.803.06$802
Feb 2019023450.852.79$653
Jan 2019027946.033.23$901
Dec 2018021446.594.19$896
Nov 2018026952.934.24$1,140
Oct 2018022661.443.40$768
Sep 2018021059.543.11$653
Aug 2018024359.403.07$745
Jul 2018026365.142.93$771
Jun 2018027560.183.08$846
May 2018027065.382.90$783
Apr 2018027963.842.90$809
Mar 2018029661.222.79$825
Feb 2018022261.782.77$614
Jan 2018021762.874.01$870
Dec 2017026857.272.92$783
Nov 2017027255.423.12$848
Oct 2017015749.292.98$468
Sep 2017020447.523.09$630
Aug 2017022945.373.00$688
Jul 2017018343.873.09$565
Jun 201707342.493.09$225
May 2017011545.373.26$375
Apr 2017017447.933.21$559
Mar 201708946.772.98$266
Feb 2017020350.452.95$599
Jan 2017026649.413.42$909
Dec 2016024448.763.72$908
Nov 2016026442.492.64$698
Oct 2016031646.193.09$977
Sep 2016034241.553.10$1,060
Aug 2016032541.442.92$950
Jul 2016034241.622.92$1,000
Jun 2016032045.352.69$859
May 2016030942.521.99$615
Apr 2016029636.561.99$589
Mar 2016029033.011.79$520
Feb 2016019826.472.06$409
Jan 2016026227.352.36$619
Dec 2015026132.362.00$522
Nov 2015025538.792.17$553
Oct 2015029543.552.43$716
Sep 2015030042.992.76$828
Aug 20150040.162.87$0
Jul 2015013948.152.95$409
Jun 2015019456.152.88$559
May 2015020155.212.96$594
Apr 2015028849.822.71$779
Mar 2015029142.892.93$854
Feb 2015028044.662.98$833
Jan 2015028443.433.10$881
Dec 2014025654.693.59$919
Nov 2014027170.464.25$1,152
Oct 2014026278.303.90$1,022
Sep 2014018486.164.05$744
Aug 2014030089.394.04$1,211
Jul 2014028396.564.18$1,183
Jun 2014027698.164.74$1,307
May 2014015094.734.73$709
Apr 2014013895.944.81$664
Mar 2014014795.895.06$743
Feb 201404897.406.19$297
Jan 20140090.404.86$0
Dec 20130091.824.35$0
Nov 20130088.853.74$0
Oct 2013011897.423.78$446
Sep 20130243104.113.72$903
Aug 20130325104.253.52$1,145
Jul 20130271102.523.72$1,008
Jun 2013030494.403.93$1,196
May 2013030994.834.15$1,282
Apr 2013024993.964.28$1,066
Mar 2013029993.623.91$1,170
Feb 20130091.233.42$0
Jan 2013037491.603.42$1,279
Dec 2012026386.773.42$900
Nov 2012023886.953.62$863
Oct 2012012289.383.40$415
Sep 2012022594.672.92$657
Aug 2012027492.662.91$797
Jul 2012018085.133.02$544
Jun 20120079.822.52$0
May 201201891.612.49$45
Apr 20120304101.652.00$607
Mar 20120290105.052.22$644
Feb 20120266101.102.57$684
Jan 2012030598.092.73$834
Dec 2011021896.873.24$706
Nov 2011019795.723.31$652
Oct 2011025384.983.65$923
Sep 2011015183.623.99$602
Aug 20110083.404.15$0
Jul 2011017294.144.52$777
Jun 2011039492.904.64$1,828
May 2011059498.134.40$2,616
Apr 20110599105.964.33$2,596
Mar 2011053196.364.06$2,154
Feb 2011016985.644.18$706
Jan 2011026186.504.59$1,198
Dec 2010035685.734.35$1,548
Nov 2010033380.843.80$1,264
Oct 2010036178.103.51$1,267
Sep 2010036272.633.98$1,441
Aug 2010049173.684.42$2,170
Jul 2010040072.554.74$1,895
Jun 2010034370.364.91$1,684
May 2010040271.124.24$1,703
Apr 2010042481.694.12$1,748
Mar 2010040678.394.39$1,782
Feb 2010039973.585.44$2,172
Jan 2010041574.365.96$2,475
Dec 2009041671.445.48$2,281
Nov 2009039374.593.75$1,474
Oct 2009047672.544.11$1,956
Sep 20090365.543.06$9
Aug 20090067.423.22$0
Jul 2009015661.133.46$540
Jun 2009027866.163.90$1,083
May 2009027854.743.93$1,091
Apr 2009025946.773.59$929
Mar 2009027742.144.06$1,124
Feb 2009027132.814.63$1,256
Jan 2009030635.865.37$1,644
Dec 2008035137.105.98$2,098
Nov 2008039355.496.86$2,696
Oct 2008031475.246.92$2,174
Sep 2008099101.767.88$780
Aug 20080242114.228.48$2,053
Jul 20080236131.0811.39$2,688
Jun 20080249131.3313.03$3,245
May 20080258123.1711.57$2,986
Apr 20080256110.3110.45$2,676
Mar 20080290101.909.66$2,803
Feb 2008026192.538.77$2,289
Jan 2008029790.388.21$2,437
Dec 2007026388.337.30$1,920
Nov 200707991.677.29$576
Oct 2007029082.856.92$2,007
Sep 2007028775.846.24$1,792
Aug 2007022369.066.39$1,425
Jul 2007028670.906.39$1,827
Jun 2007028262.007.55$2,129
May 2007029758.747.85$2,330
Apr 2007025459.617.81$1,983
Mar 2007025856.927.30$1,884
Feb 2007038755.108.22$3,180
Jan 2007030850.306.73$2,072
Dec 2006023456.656.92$1,619
Nov 2006031754.207.62$2,415
Oct 2006024354.906.01$1,461
Sep 2006024160.085.04$1,214
Aug 2006026568.717.34$1,945
Jul 2006032769.376.34$2,074
Jun 2006011566.286.38$734
May 2006024666.016.42$1,581
Apr 2006024364.397.36$1,789
Mar 2006028356.707.08$2,004
Feb 2006025057.597.75$1,938
Jan 2006026860.598.93$2,394
Dec 2005027254.9413.42$3,649
Nov 2005030954.6910.59$3,272
Oct 2005033258.3413.80$4,580
Sep 2005028761.4512.08$3,467
Aug 2005037161.519.80$3,635
Jul 2005036055.697.84$2,824
Jun 2005036452.337.38$2,687
May 2005035345.226.65$2,348
Apr 2005023649.207.36$1,737
Mar 2005034250.377.15$2,447
Feb 2005028045.226.31$1,767
Jan 2005033543.166.32$2,118
Dec 2004035739.866.75$2,410
Nov 2004033845.286.33$2,140
Oct 2004039149.706.52$2,547
Sep 2004042643.245.28$2,251
Aug 2004046342.375.55$2,570
Jul 2004046238.286.08$2,811
Jun 2004043436.106.43$2,792
May 2004035537.486.49$2,306
Apr 2004036534.475.86$2,138
Mar 2004033434.365.53$1,847
Feb 2004033332.455.51$1,835
Jan 2004034532.036.30$2,173
Dec 2003041030.266.30$2,584
Nov 2003042528.804.60$1,953
Oct 2003045528.174.76$2,166
Sep 2003044326.314.75$2,104
Aug 2003049929.765.13$2,560
Jul 2003051129.415.17$2,642
Jun 2003036228.565.98$2,166
May 2003037726.595.97$2,252
Apr 2003024526.675.41$1,325
Mar 2003032331.146.10$1,969
Feb 2003034033.487.93$2,695
Jan 2003039130.315.58$2,183
Dec 2002036926.914.85$1,791
Nov 2002035524.664.14$1,469
Oct 2002039726.464.23$1,679
Sep 2002050627.443.64$1,839
Aug 2002056325.963.16$1,781
Jul 2002046324.583.06$1,418
Jun 2002061623.733.34$2,056
May 2002034824.663.58$1,247
Apr 2002046223.653.51$1,623
Mar 2002049522.003.10$1,536
Feb 2002042018.222.38$998
Jan 2002025517.172.38$606
Dec 2001038616.932.36$913
Nov 2001040318.072.41$969
Oct 2001048019.782.53$1,214
Sep 2001050324.262.25$1,132
Aug 2001052424.873.05$1,600
Jul 2001050723.933.20$1,621
Jun 2001051824.563.82$1,981
May 2001053525.524.31$2,304
Apr 2001057424.685.34$3,062
Mar 2001043324.545.38$2,328
Feb 2001037027.755.77$2,134
Jan 2001041627.478.40$3,494
Dec 2000036426.889.12$3,321
Nov 2000018932.215.66$1,069
Oct 2000036531.235.15$1,878
Sep 2000019531.875.19$1,011
Aug 2000015829.644.54$717
Jul 2000033028.534.09$1,350
Jun 2000039229.304.40$1,724
May 2000068627.263.68$2,524
Apr 2000079124.513.12$2,465
Mar 2000067628.422.86$1,933
Feb 20002156327.622.73$2,115
Jan 2000030425.272.48$754
Dec 199952,95124.282.42$7,274
Nov 1999072023.192.43$1,752
Oct 1999086020.982.80$2,411
Sep 199901,12421.752.62$2,944
Aug 199901,13219.262.88$3,255
Jul 199901,21617.892.37$2,885
Jun 199901,17015.942.36$2,764
May 199901,16715.792.32$2,709
Apr 199901,07815.102.21$2,380
Mar 199901,23412.471.84$2,269
Feb 199909819.981.82$1,783
Jan 199901,44310.381.90$2,742
Dec 199801,1929.201.77$2,114
Nov 199801,50710.892.19$3,294
Oct 199801,20812.421.97$2,379
Sep 1998095712.592.08$1,993
Aug 199801,04411.301.91$1,991
Jul 199801,02111.742.24$2,284
Jun 199801,29511.242.24$2,897
May 199801,43312.622.21$3,162
Apr 1998085113.042.51$2,132
Mar 1998082212.802.31$1,898
Feb 199801,51413.952.30$3,481
Jan 1998079114.702.15$1,704
Dec 199701,37316.322.41$3,310
Nov 199701,25118.193.09$3,863
Oct 199701,31919.253.15$4,155
Sep 199701,81417.742.95$5,360
Aug 199702,63117.862.55$6,722
Jul 199701,11717.582.25$2,510
Jun 199701,36917.242.26$3,090
May 199701,82418.972.31$4,211
Apr 199701,73717.882.08$3,618
Mar 199701,49418.951.94$2,897
Feb 1997075120.492.21$1,657
Jan 1997078923.483.54$2,793
Dec 1996094223.32$0
Nov 1996083521.97$0
Oct 19960023.31$0
Sep 1996045022.22$0
Aug 1996044320.26$0
Jul 199601,10919.55$0
Jun 199601,24518.73$0
May 199601,07719.43$0
Apr 199601,18121.51$0
Mar 199601,13319.38$0
Feb 199601,31916.98$0
Jan 199601,53617.07$0
Dec 199501,31617.19$0
Nov 199501,76216.00$0
Oct 199501,64215.43$0
Sep 199501,80016.18$0
Aug 199501,70215.92$0
Jul 199501,58915.24$0
Jun 199501,97116.41$0
May 199502,79617.56$0
Apr 199502,57817.73$0
Mar 199502,79916.44$0
Feb 199502,56716.58$0
Jan 199502,74715.92$0
Dec 199402,99615.03$0
Nov 199403,14715.90$0
Oct 199403,55815.58$0
Sep 199403,47915.29$0
Aug 199403,86716.13$0
Jul 199403,65917.56$0
Jun 199405,03217.09$0
May 199403,27915.88$0
Apr 19940014.14$0
Mar 19940012.46$0
Feb 19940012.50$0
Jan 19940012.66$0
Dec 19930012.33$0
Nov 19930014.49$0
Oct 19930015.85$0
Sep 19930015.03$0
Aug 19930015.66$0
Jul 19930015.46$0
Jun 19930016.79$0
May 19930017.68$0
Apr 19930018.05$0
Mar 19930018.14$0
Feb 19930017.90$0
Jan 19930016.93$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
Condensate             0 bbl  × $ 58.59 =         $0
Gas                  200 Mcf  × $  3.93 =       $785

────────────────────────────────────────────────────
Month total                                     $785

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/20262 is the state's own key, not one this site invented.