WALKER

Operated by SHENANDOAH PETROLEUM CORPORATION (P-5 775563) in the JAMESON, NORTH (STRAWN) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 225723District 08Field 45582666CondensateGasSaveExport
Value, all time
$490 k
Feb 2007 – Aug 2024
Value, last 12 filed months
$1 k
at the published price for each month
Months reported
211
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 60 leases and 239 wells, and the rule below applies to all of them.

Discovered
1953-03-01
as the register files it
Field class
Oil and gas
the register's own label
Between wells
660 ft
minimum
From a lease line
467 ft
minimum

A drilling unit in this field needs at least 640 acres. The field rule took effect on 1959-09-21.

The Commission's schedule remark for this field reads: NET GOR 510 MCF

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
CondensateDisposition851 bbl$50,451
GasProduction105,948 Mcf$439,442
Total$489,893

Every month this lease reported (211)

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

211 months

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 20230785.443.09$22
Sep 2023042789.042.74$1,168
Aug 2023041880.522.67$1,117
Jul 2023040074.852.64$1,057
Jun 2023037268.962.26$840
May 2023040470.622.23$900
Apr 2023039878.122.24$891
Mar 2023043072.852.39$1,029
Feb 2023056375.112.47$1,388
Jan 2023062876.533.39$2,127
Dec 2022062576.415.73$3,581
Nov 2022062185.005.65$3,506
Oct 2022066687.185.86$3,905
Sep 2022066284.888.16$5,404
Aug 2022069294.529.13$6,316
Jul 20220656101.587.54$4,948
Jun 20220421115.097.98$3,358
May 20220281109.378.43$2,370
Apr 20220663104.226.84$4,533
Mar 20220658108.885.08$3,340
Feb 2022059791.054.86$2,901
Jan 2022068081.844.54$3,086
Dec 2021072471.323.90$2,823
Nov 2021075177.435.24$3,933
Oct 2021069979.795.71$3,994
Sep 2021040069.865.35$2,140
Aug 2021050266.024.22$2,119
Jul 2021050370.783.98$2,003
Jun 2021036069.493.38$1,217
May 2021061763.483.02$1,862
Apr 202115563660.362.76$11,110
Mar 2021062261.302.72$1,690
Feb 2021046757.805.55$2,591
Jan 2021064250.412.81$1,804
Dec 2020064544.642.68$1,726
Nov 2020064738.772.71$1,751
Oct 2020069236.972.48$1,715
Sep 2020067037.091.99$1,334
Aug 2020067839.982.39$1,617
Jul 2020071538.371.83$1,305
Jun 2020071834.901.69$1,214
May 2020074216.921.81$1,347
Apr 2020068614.751.80$1,238
Mar 2020071330.341.86$1,323
Feb 2020065749.881.98$1,301
Jan 2020073557.252.09$1,540
Dec 2019073059.012.30$1,682
Nov 2019073555.302.75$2,022
Oct 2019061053.472.42$1,475
Sep 2019072155.052.66$1,916
Aug 2019077553.112.30$1,786
Jul 2019076756.272.46$1,887
Jun 2019072752.782.49$1,811
May 2019076258.482.74$2,088
Apr 2019072962.632.75$2,005
Mar 2019076156.803.06$2,330
Feb 2019067650.852.79$1,888
Jan 2019072846.033.23$2,350
Dec 2018072346.594.19$3,026
Nov 2018072852.934.24$3,085
Oct 2018078961.443.40$2,681
Sep 2018077159.543.11$2,396
Aug 2018081859.403.07$2,508
Jul 2018082765.142.93$2,425
Jun 2018081360.183.08$2,502
May 2018084865.382.90$2,460
Apr 2018081063.842.90$2,350
Mar 2018084161.222.79$2,344
Feb 2018073261.782.77$2,025
Jan 20188540462.874.01$6,964
Dec 2017046757.272.92$1,364
Nov 2017064055.423.12$1,996
Oct 2017067649.292.98$2,017
Sep 2017065947.523.09$2,035
Aug 2017065845.373.00$1,977
Jul 2017666043.873.09$2,301
Jun 20176254042.493.09$4,302
May 2017067645.373.26$2,206
Apr 2017068647.933.21$2,203
Mar 2017067646.772.98$2,017
Feb 2017063550.452.95$1,875
Jan 2017954749.413.42$4,855
Dec 20161061948.763.72$2,792
Nov 2016061942.492.64$1,637
Oct 2016058646.193.09$1,811
Sep 20164053441.553.10$3,318
Aug 201609041.442.92$263
Jul 201609941.622.92$290
Jun 201609945.352.69$266
May 2016010942.521.99$217
Apr 2016013736.561.99$273
Mar 2016015033.011.79$269
Feb 2016012726.472.06$262
Jan 2016013827.352.36$326
Dec 20154517432.362.00$1,804
Nov 2015018038.792.17$390
Oct 2015817343.552.43$768
Sep 2015016742.992.76$461
Aug 2015017240.162.87$494
Jul 20156716448.152.95$3,709
Jun 2015112556.152.88$417
May 2015021155.212.96$624
Apr 2015040049.822.71$1,083
Mar 2015040642.892.93$1,191
Feb 2015042044.662.98$1,250
Jan 20159840343.433.10$5,506
Dec 2014038154.693.59$1,368
Nov 2014538370.464.25$1,981
Oct 2014057278.303.90$2,231
Sep 2014156286.164.05$2,360
Aug 2014259389.394.04$2,572
Jul 2014044396.564.18$1,852
Jun 201412198.164.74$198
May 2014042894.734.73$2,023
Apr 20148441695.944.81$10,060
Mar 2014045395.895.06$2,291
Feb 2014041597.406.19$2,570
Jan 2014043590.404.86$2,114
Dec 20138043491.824.35$9,235
Nov 2013539688.853.74$1,925
Oct 2013050597.423.78$1,909
Sep 20130555104.113.72$2,063
Aug 20130486104.253.52$1,712
Jul 20131534102.523.72$2,088
Jun 2013054394.403.93$2,136
May 2013048194.834.15$1,996
Apr 2013035493.964.28$1,516
Mar 2013035493.623.91$1,385
Feb 2013039291.233.42$1,341
Jan 2013042391.603.42$1,447
Dec 2012041586.773.42$1,419
Nov 2012042386.953.62$1,533
Oct 2012043389.383.40$1,472
Sep 2012060294.672.92$1,757
Aug 2012066392.662.91$1,928
Jul 2012069385.133.02$2,093
Jun 2012067379.822.52$1,695
May 2012047591.612.49$1,182
Apr 20120383101.652.00$765
Mar 20120401105.052.22$891
Feb 20120378101.102.57$972
Jan 2012038598.092.73$1,053
Dec 2011040596.873.24$1,312
Nov 2011042495.723.31$1,404
Oct 2011044184.983.65$1,609
Sep 2011037783.623.99$1,503
Aug 2011042283.404.15$1,751
Jul 2011040894.144.52$1,843
Jun 2011042392.904.64$1,963
May 2011095098.134.40$4,185
Apr 20110156105.964.33$676
Mar 2011027496.364.06$1,112
Feb 2011060985.644.18$2,546
Jan 2011034686.504.59$1,588
Dec 2010037785.734.35$1,639
Nov 2010036980.843.80$1,400
Oct 2010040778.103.51$1,428
Sep 2010031072.633.98$1,234
Aug 2010040273.684.42$1,777
Jul 2010046272.554.74$2,188
Jun 2010039170.364.91$1,920
May 2010080871.124.24$3,422
Apr 2010058081.694.12$2,391
Mar 2010060878.394.39$2,668
Feb 2010057073.585.44$3,102
Jan 2010063374.365.96$3,775
Dec 2009060271.445.48$3,301
Nov 2009061174.593.75$2,292
Oct 2009064772.544.11$2,659
Sep 2009068665.543.06$2,102
Aug 2009065667.423.22$2,111
Jul 2009068361.133.46$2,366
Jun 2009075366.163.90$2,933
May 2009082754.743.93$3,247
Apr 2009080046.773.59$2,870
Mar 2009084342.144.06$3,422
Feb 2009075532.814.63$3,498
Jan 2009076535.865.37$4,109
Dec 2008081337.105.98$4,859
Nov 2008081355.496.86$5,577
Oct 2008089875.246.92$6,216
Sep 20080763101.767.88$6,010
Aug 20080932114.228.48$7,906
Jul 20080996131.0811.39$11,344
Jun 20080655131.3313.03$8,536
May 20080757123.1711.57$8,762
Apr 20080654110.3110.45$6,837
Mar 200800101.909.66$0
Feb 20080092.538.77$0
Jan 20080090.388.21$0
Dec 20070088.337.30$0
Nov 2007048191.677.29$3,507
Oct 2007047682.856.92$3,295
Sep 2007041875.846.24$2,610
Aug 2007049669.066.39$3,168
Jul 2007049670.906.39$3,168
Jun 2007048062.007.55$3,623
May 2007049658.747.85$3,892
Apr 2007048059.617.81$3,747
Mar 2007049656.927.30$3,622
Feb 2007044855.108.22$3,681

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.

Oct 2023 — as filed, then multipliedworked
Condensate             0 bbl  × $ 85.44 =         $0
Gas                    7 Mcf  × $  3.09 =        $22

────────────────────────────────────────────────────
Month total                                      $22

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/225723 is the state's own key, not one this site invented.