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 202802District 08Field 49038426CondensateGasSaveExport
Value, all time
$2.0 M
Apr 2004 – May 2026
Value, last 12 filed months
$24 k
at the published price for each month
Months reported
266
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
CondensateDisposition776 bbl$51,203
GasProduction362,196 Mcf$1,920,918
Total$1,972,121

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 31.9100, -103.1031. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.91003, -103.10312 · 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
10,645 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 10,645 ft.

Completions filed
Apr 2004
1 of 1 wells

1 well

42-4953207634M10,645 ftApr 2004

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 (266)

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

266 months

May 2026036106.413.05$110
Apr 202607298.932.87$207
Mar 2026066789.753.15$2,101
Feb 2026067863.503.75$2,543
Jan 2026042959.138.00$3,431
Dec 2025081356.664.41$3,588
Nov 2025030358.593.93$1,190
Oct 2025084359.383.30$2,786
Sep 2025086162.743.08$2,649
Aug 2025068863.933.01$2,074
Jul 2025030266.743.32$1,001
Jun 2025088666.483.13$2,772
May 202501,00660.553.23$3,252
Apr 202503362.363.54$117
Mar 20250067.704.27$0
Feb 20250070.884.34$0
Jan 2025087974.324.28$3,761
Dec 202405868.993.12$181
Nov 2024033169.052.20$728
Oct 2024018171.372.28$413
Sep 2024052669.612.36$1,244
Aug 2024019375.632.06$398
Jul 2024012479.932.15$266
Jun 202406478.082.63$169
May 202401,08878.812.20$2,392
Apr 202408184.451.66$134
Mar 2024088380.301.55$1,364
Feb 2024056176.091.78$1,001
Jan 2024026673.023.30$877
Dec 202301,13471.262.61$2,961
Nov 2023037477.892.81$1,050
Oct 2023062885.443.09$1,939
Sep 202301,00889.042.74$2,757
Aug 2023080880.522.67$2,160
Jul 2023091574.852.64$2,417
Jun 202301,13568.962.26$2,563
May 2023096270.622.23$2,143
Apr 202301,62278.122.24$3,630
Mar 2023084372.852.39$2,017
Feb 202301,31975.112.47$3,252
Jan 202301,05376.533.39$3,567
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 202201,085108.885.08$5,508
Feb 202201,11891.054.86$5,432
Jan 202201,11881.844.54$5,073
Dec 202101,11671.323.90$4,351
Nov 20210077.435.24$0
Oct 202107379.795.71$417
Sep 202101,00869.865.35$5,394
Aug 2021095166.024.22$4,014
Jul 2021093070.783.98$3,703
Jun 20210069.493.38$0
May 202101,64763.483.02$4,970
Apr 202101,54860.362.76$4,270
Mar 202101,55161.302.72$4,214
Feb 202101,41457.805.55$7,845
Jan 202101,83250.412.81$5,148
Dec 202001,05044.642.68$2,809
Nov 20200038.772.71$0
Oct 2020071936.972.48$1,782
Sep 202001,66537.091.99$3,315
Aug 202001,72139.982.39$4,105
Jul 202001,89838.371.83$3,464
Jun 202002,04034.901.69$3,448
May 202002,11716.921.81$3,842
Apr 202002,03814.751.80$3,677
Mar 202002,07330.341.86$3,848
Feb 202002,07749.881.98$4,114
Jan 202002,11057.252.09$4,420
Dec 201901,68559.012.30$3,883
Nov 2019051955.302.75$1,428
Oct 2019060153.472.42$1,454
Sep 2019059955.052.66$1,592
Aug 2019048353.112.30$1,113
Jul 2019055256.272.46$1,358
Jun 2019026752.782.49$665
May 2019058258.482.74$1,595
Apr 2019054162.632.75$1,488
Mar 2019061356.803.06$1,877
Feb 2019049750.852.79$1,388
Jan 2019062346.033.23$2,011
Dec 2018036346.594.19$1,519
Nov 2018061452.934.24$2,602
Oct 2018063361.443.40$2,151
Sep 2018064959.543.11$2,017
Aug 2018056959.403.07$1,745
Jul 2018043965.142.93$1,287
Jun 2018043360.183.08$1,332
May 2018053965.382.90$1,564
Apr 2018046363.842.90$1,343
Mar 2018068761.222.79$1,915
Feb 2018068461.782.77$1,892
Jan 20181777562.874.01$4,176
Dec 2017060557.272.92$1,768
Nov 2017070055.423.12$2,183
Oct 2017036149.292.98$1,077
Sep 20170047.523.09$0
Aug 2017097145.373.00$2,917
Jul 2017095743.873.09$2,955
Jun 201701,02542.493.09$3,164
May 201701,09445.373.26$3,570
Apr 201701,11847.933.21$3,591
Mar 201702,04146.772.98$6,090
Feb 201701,32550.452.95$3,912
Jan 201701,03449.413.42$3,535
Dec 2016082448.763.72$3,068
Nov 2016081542.492.64$2,155
Oct 2016083046.193.09$2,565
Sep 2016078741.553.10$2,440
Aug 2016078841.442.92$2,304
Jul 2016070341.622.92$2,056
Jun 2016075445.352.69$2,025
May 2016080642.521.99$1,605
Apr 20162676636.561.99$2,476
Mar 2016087133.011.79$1,563
Feb 2016086026.472.06$1,775
Jan 201601,01327.352.36$2,395
Dec 201552032.362.00$1,683
Nov 20150038.792.17$0
Oct 201501,23743.552.43$3,002
Sep 2015092542.992.76$2,552
Aug 201501,01140.162.87$2,904
Jul 201501,03548.152.95$3,048
Jun 201501,00256.152.88$2,889
May 2015077155.212.96$2,279
Apr 2015067849.822.71$1,835
Mar 201501,08242.892.93$3,175
Feb 2015096644.662.98$2,875
Jan 2015087243.433.10$2,704
Dec 2014078154.693.59$2,805
Nov 2014093170.464.25$3,958
Oct 201401,13478.303.90$4,424
Sep 2014092586.164.05$3,742
Aug 2014033489.394.04$1,348
Jul 2014028396.564.18$1,183
Jun 2014018698.164.74$881
May 2014066294.734.73$3,129
Apr 2014066095.944.81$3,174
Mar 2014083895.895.06$4,238
Feb 2014088197.406.19$5,455
Jan 20141621,22390.404.86$20,589
Dec 201301,39491.824.35$6,070
Nov 201301,32888.853.74$4,964
Oct 2013098097.423.78$3,704
Sep 201301,142104.113.72$4,246
Aug 201301,194104.253.52$4,206
Jul 201301,189102.523.72$4,420
Jun 201301,02194.403.93$4,016
May 201301,14194.834.15$4,734
Apr 201301,02993.964.28$4,407
Mar 201301,30793.623.91$5,114
Feb 201301,49591.233.42$5,113
Jan 201301,20791.603.42$4,128
Dec 201201,11186.773.42$3,800
Nov 201201,57386.953.62$5,702
Oct 201201,48189.383.40$5,035
Sep 201201,26294.672.92$3,683
Aug 2012087492.662.91$2,542
Jul 2012094985.133.02$2,867
Jun 201201,13079.822.52$2,847
May 20125093591.612.49$6,907
Apr 20120819101.652.00$1,635
Mar 20120972105.052.22$2,160
Feb 201201,096101.102.57$2,817
Jan 201201,10398.092.73$3,016
Dec 2011251,37796.873.24$6,883
Nov 2011082595.723.31$2,732
Oct 2011092884.983.65$3,386
Sep 2011099783.623.99$3,974
Aug 201105083.404.15$207
Jul 2011038194.144.52$1,721
Jun 2011081492.904.64$3,777
May 201101,23098.134.40$5,418
Apr 201101,116105.964.33$4,836
Mar 2011094696.364.06$3,838
Feb 2011093585.644.18$3,908
Jan 2011391586.504.59$4,458
Dec 2010087085.734.35$3,783
Nov 2010096480.843.80$3,659
Oct 201001,19978.103.51$4,207
Sep 201001,19472.633.98$4,751
Aug 201001,23573.684.42$5,458
Jul 201001,30172.554.74$6,162
Jun 201001,17570.364.91$5,770
May 201001,13071.124.24$4,786
Apr 201001,25981.694.12$5,190
Mar 201001,19678.394.39$5,249
Feb 2010085273.585.44$4,637
Jan 2010121,25874.365.96$8,395
Dec 200901,43471.445.48$7,864
Nov 200901,57374.593.75$5,901
Oct 200901,74972.544.11$7,189
Sep 200901,18765.543.06$3,638
Aug 20090067.423.22$0
Jul 2009077861.133.46$2,695
Jun 200901,65566.163.90$6,446
May 200901,31254.743.93$5,151
Apr 200901,27646.773.59$4,578
Mar 200901,35342.144.06$5,492
Feb 200901,36132.814.63$6,306
Jan 200901,20535.865.37$6,472
Dec 2008301,21137.105.98$8,351
Nov 200801,31955.496.86$9,049
Oct 200801,95175.246.92$13,505
Sep 200801,009101.767.88$7,948
Aug 200801,723114.228.48$14,616
Jul 200801,537131.0811.39$17,506
Jun 200801,658131.3313.03$21,608
May 200801,362123.1711.57$15,764
Apr 200801,506110.3110.45$15,745
Mar 200802,323101.909.66$22,450
Feb 200802,11692.538.77$18,559
Jan 200802,24390.388.21$18,405
Dec 2007752,21188.337.30$22,769
Nov 200702,93191.677.29$21,372
Oct 200702,34282.856.92$16,211
Sep 200702,11975.846.24$13,231
Aug 200711,98369.066.39$12,736
Jul 200702,95270.906.39$18,857
Jun 200702,67962.007.55$20,222
May 200702,98858.747.85$23,445
Apr 2007632,58559.617.81$23,932
Mar 200702,59756.927.30$18,963
Feb 200702,12655.108.22$17,467
Jan 2007512,34950.306.73$18,367
Dec 200602,59256.656.92$17,933
Nov 200602,45454.207.62$18,693
Oct 2006783,34454.906.01$24,392
Sep 200602,97460.085.04$14,981
Aug 200602,77968.717.34$20,398
Jul 200602,89069.376.34$18,331
Jun 200603,00566.286.38$19,184
May 200603,12166.016.42$20,052
Apr 2006163,42464.397.36$26,233
Mar 20060056.707.08$0
Feb 20060057.597.75$0
Jan 200601,93760.598.93$17,304
Dec 200501,37854.9413.42$18,486
Nov 200572,94254.6910.59$31,534
Oct 200502,66358.3413.80$36,738
Sep 200503,37661.4512.08$40,779
Aug 2005143,71261.519.80$37,227
Jul 200503,16655.697.84$24,833
Jun 200503,34052.337.38$24,653
May 200582,94845.226.65$19,969
Apr 200502,13949.207.36$15,744
Mar 200503,29950.377.15$23,604
Feb 200566,57845.226.31$41,791
Jan 200507,33043.166.32$46,342
Dec 2004167,32839.866.75$50,110
Nov 200405,11245.286.33$32,361
Oct 2004278,21749.706.52$54,876
Sep 200406,55043.245.28$34,610
Aug 200407,52042.375.55$41,741
Jul 2004237,96238.286.08$49,323
Jun 200408,23536.106.43$52,976
May 2004142,54637.486.49$17,060
Apr 200407,32634.475.86$42,919

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.

May 2026 — as filed, then multipliedworked
Condensate             0 bbl  × $106.41 =         $0
Gas                   36 Mcf  × $  3.05 =       $110

────────────────────────────────────────────────────
Month total                                     $110

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/202802 is the state's own key, not one this site invented.