WALTON, J. B.

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 39223District 08Field 49038639Hydrogen sulphide fieldGasSaveExport
Value, all time
$752 k
Jan 1993 – May 2026
Value, last 12 filed months
$0
at the published price for each month
Months reported
401
no gaps in the span
Streams
1
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

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
GasProduction362,158 Mcf$752,260
Total$752,260

160,645 Mcf of this lease's gas, across 47 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 31.9300, -103.1230. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.93001, -103.12300 · 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
3,240 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 3,240 ft.

Completions filed
Aug 1986
1 of 1 wells

1 well

42-49510372300 U3,240 ftAug 1986

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 20260106.413.05$0
Apr 2026098.932.87$0
Mar 2026089.753.15$0
Feb 2026063.503.75$0
Jan 2026059.138.00$0
Dec 2025056.664.41$0
Nov 2025058.593.93$0
Oct 2025059.383.30$0
Sep 2025062.743.08$0
Aug 2025063.933.01$0
Jul 2025066.743.32$0
Jun 2025066.483.13$0
May 2025060.553.23$0
Apr 2025062.363.54$0
Mar 2025067.704.27$0
Feb 2025070.884.34$0
Jan 2025074.324.28$0
Dec 2024068.993.12$0
Nov 2024069.052.20$0
Oct 2024071.372.28$0
Sep 2024069.612.36$0
Aug 2024075.632.06$0
Jul 2024079.932.15$0
Jun 2024078.082.63$0
May 2024078.812.20$0
Apr 2024084.451.66$0
Mar 2024080.301.55$0
Feb 2024076.091.78$0
Jan 2024073.023.30$0
Dec 20231671.262.61$42
Nov 2023077.892.81$0
Oct 2023085.443.09$0
Sep 2023089.042.74$0
Aug 2023080.522.67$0
Jul 2023074.852.64$0
Jun 2023068.962.26$0
May 2023070.622.23$0
Apr 2023078.122.24$0
Mar 2023072.852.39$0
Feb 2023075.112.47$0
Jan 2023076.533.39$0
Dec 2022076.415.73$0
Nov 2022085.005.65$0
Oct 2022087.185.86$0
Sep 2022084.888.16$0
Aug 2022094.529.13$0
Jul 20220101.587.54$0
Jun 20220115.097.98$0
May 202276109.378.43$641
Apr 2022289104.226.84$1,976
Mar 20220108.885.08$0
Feb 2022091.054.86$0
Jan 2022081.844.54$0
Dec 2021071.323.90$0
Nov 2021077.435.24$0
Oct 2021079.795.71$0
Sep 2021069.865.35$0
Aug 2021066.024.22$0
Jul 2021070.783.98$0
Jun 2021069.493.38$0
May 202127163.483.02$818
Apr 202125560.362.76$703
Mar 202129961.302.72$812
Feb 202123357.805.55$1,293
Jan 202132250.412.81$905
Dec 202034844.642.68$931
Nov 202042638.772.71$1,153
Oct 202011336.972.48$280
Sep 202033237.091.99$661
Aug 202028939.982.39$689
Jul 202038538.371.83$703
Jun 202033734.901.69$570
May 202026616.921.81$483
Apr 202025014.751.80$451
Mar 202024830.341.86$460
Feb 202024449.881.98$483
Jan 202027957.252.09$584
Dec 201926859.012.30$618
Nov 201926255.302.75$721
Oct 2019053.472.42$0
Sep 201919755.052.66$523
Aug 201921753.112.30$500
Jul 201921556.272.46$529
Jun 201934352.782.49$854
May 201936558.482.74$1,000
Apr 201937962.632.75$1,043
Mar 201937256.803.06$1,139
Feb 201933150.852.79$924
Jan 201939646.033.23$1,278
Dec 201830346.594.19$1,268
Nov 201838252.934.24$1,619
Oct 201832161.443.40$1,091
Sep 201832859.543.11$1,019
Aug 201846359.403.07$1,420
Jul 201850165.142.93$1,469
Jun 201852360.183.08$1,609
May 201851365.382.90$1,488
Apr 201853063.842.90$1,537
Mar 201856361.222.79$1,569
Feb 201842361.782.77$1,170
Jan 201841262.874.01$1,652
Dec 201751057.272.92$1,490
Nov 201751755.423.12$1,612
Oct 201729849.292.98$889
Sep 201738947.523.09$1,201
Aug 201743545.373.00$1,307
Jul 201734843.873.09$1,074
Jun 201713842.493.09$426
May 201721945.373.26$715
Apr 201733247.933.21$1,066
Mar 201716846.772.98$501
Feb 201738550.452.95$1,137
Jan 201750649.413.42$1,730
Dec 201646448.763.72$1,727
Nov 201650142.492.64$1,325
Oct 201660246.193.09$1,860
Sep 201665141.553.10$2,019
Aug 201661941.442.92$1,810
Jul 201665041.622.92$1,901
Jun 201660945.352.69$1,636
May 201658742.521.99$1,169
Apr 201656336.561.99$1,121
Mar 201655233.011.79$990
Feb 201637626.472.06$776
Jan 201649927.352.36$1,180
Dec 201549632.362.00$993
Nov 201548538.792.17$1,051
Oct 201556143.552.43$1,361
Sep 201559042.992.76$1,627
Aug 201559040.162.87$1,695
Jul 201547048.152.95$1,384
Jun 201537056.152.88$1,067
May 201539055.212.96$1,153
Apr 201555749.822.71$1,508
Mar 201556342.892.93$1,652
Feb 201554144.662.98$1,610
Jan 201555143.433.10$1,708
Dec 201449654.693.59$1,781
Nov 201462970.464.25$2,674
Oct 201471578.303.90$2,789
Sep 201450586.164.05$2,043
Aug 201480689.394.04$3,252
Jul 201469396.564.18$2,896
Jun 201466498.164.74$3,145
May 201458894.734.73$2,779
Apr 201417795.944.81$851
Mar 201418895.895.06$951
Feb 201417397.406.19$1,071
Jan 201419290.404.86$933
Dec 201350891.824.35$2,212
Nov 20132,75888.853.74$10,310
Oct 20131,49897.423.78$5,661
Sep 20132,774104.113.72$10,313
Aug 20134,069104.253.52$14,334
Jul 20133,927102.523.72$14,600
Jun 20134,40394.403.93$17,319
May 20134,64894.834.15$19,285
Apr 201361093.964.28$2,612
Mar 201362393.623.91$2,438
Feb 201364791.233.42$2,213
Jan 201373291.603.42$2,503
Dec 201250486.773.42$1,724
Nov 201237386.953.62$1,352
Oct 201218389.383.40$622
Sep 201251194.672.92$1,491
Aug 201262892.662.91$1,826
Jul 201235085.133.02$1,057
Jun 2012079.822.52$0
May 20123191.612.49$77
Apr 2012537101.652.00$1,072
Mar 2012511105.052.22$1,135
Feb 2012470101.102.57$1,208
Jan 201253898.092.73$1,471
Dec 201139096.873.24$1,264
Nov 201138495.723.31$1,272
Oct 201160284.983.65$2,196
Sep 2011083.623.99$0
Aug 2011083.404.15$0
Jul 201112794.144.52$574
Jun 201142892.904.64$1,986
May 201164598.134.40$2,841
Apr 2011651105.964.33$2,821
Mar 201157696.364.06$2,337
Feb 201118385.644.18$765
Jan 201147986.504.59$2,198
Dec 201056385.734.35$2,448
Nov 201054580.843.80$2,068
Oct 201067678.103.51$2,372
Sep 201069172.633.98$2,750
Aug 201074073.684.42$3,270
Jul 201044672.554.74$2,112
Jun 201034470.364.91$1,689
May 201040371.124.24$1,707
Apr 201042581.694.12$1,752
Mar 201045278.394.39$1,984
Feb 201050773.585.44$2,759
Jan 201055474.365.96$3,304
Dec 200957371.445.48$3,142
Nov 200960274.593.75$2,258
Oct 200959672.544.11$2,450
Sep 20098365.543.06$254
Aug 20095867.423.22$187
Jul 200928661.133.46$991
Jun 200949066.163.90$1,909
May 200948354.743.93$1,896
Apr 200941946.773.59$1,503
Mar 200942342.144.06$1,717
Feb 200946532.814.63$2,154
Jan 200951335.865.37$2,755
Dec 200840337.105.98$2,409
Nov 200821655.496.86$1,482
Oct 200839375.246.92$2,720
Sep 2008222101.767.88$1,749
Aug 2008435114.228.48$3,690
Jul 2008470131.0811.39$5,353
Jun 2008435131.3313.03$5,669
May 2008409123.1711.57$4,734
Apr 2008374110.3110.45$3,910
Mar 2008426101.909.66$4,117
Feb 200838192.538.77$3,342
Jan 200839790.388.21$3,258
Dec 200731988.337.30$2,329
Nov 200723491.677.29$1,706
Oct 200744082.856.92$3,046
Sep 200737375.846.24$2,329
Aug 200727769.066.39$1,769
Jul 200732870.906.39$2,095
Jun 200732662.007.55$2,461
May 200737458.747.85$2,935
Apr 200733159.617.81$2,584
Mar 200735256.927.30$2,570
Feb 200736255.108.22$2,974
Jan 200741750.306.73$2,805
Dec 200627756.656.92$1,916
Nov 200639854.207.62$3,032
Oct 200635954.906.01$2,159
Sep 200635460.085.04$1,783
Aug 200639168.717.34$2,870
Jul 200641369.376.34$2,620
Jun 200611766.286.38$747
May 200632366.016.42$2,075
Apr 200636464.397.36$2,679
Mar 200633756.707.08$2,387
Feb 200629857.597.75$2,310
Jan 200631960.598.93$2,850
Dec 200533554.9413.42$4,494
Nov 200538454.6910.59$4,066
Oct 200547158.3413.80$6,498
Sep 200536661.4512.08$4,421
Aug 200546361.519.80$4,536
Jul 200547955.697.84$3,757
Jun 200541552.337.38$3,063
May 200534945.226.65$2,321
Apr 200520349.207.36$1,494
Mar 200552050.377.15$3,721
Feb 200548845.226.31$3,080
Jan 200548043.166.32$3,035
Dec 200452039.866.75$3,511
Nov 200450345.286.33$3,184
Oct 200455249.706.52$3,596
Sep 200460543.245.28$3,197
Aug 200460642.375.55$3,364
Jul 200461638.286.08$3,748
Jun 200459836.106.43$3,847
May 200445737.486.49$2,968
Apr 200448834.475.86$2,859
Mar 200455734.365.53$3,080
Feb 200455632.455.51$3,063
Jan 200457532.036.30$3,622
Dec 200367930.266.30$4,279
Nov 200342328.804.60$1,944
Oct 200377128.174.76$3,670
Sep 200372826.314.75$3,458
Aug 200388329.765.13$4,530
Jul 200373229.415.17$3,785
Jun 200350728.565.98$3,033
May 200330026.595.97$1,792
Apr 20039426.675.41$508
Mar 200320131.146.10$1,225
Feb 200333333.487.93$2,639
Jan 200376330.315.58$4,259
Dec 200255726.914.85$2,704
Nov 200259124.664.14$2,445
Oct 200276226.464.23$3,223
Sep 200295827.443.64$3,483
Aug 2002025.963.16$0
Jul 200233724.583.06$1,032
Jun 200270323.733.34$2,347
May 200247624.663.58$1,706
Apr 200263223.653.51$2,220
Mar 20021,02022.003.10$3,165
Feb 200284018.222.38$1,996
Jan 200222417.172.38$532
Dec 200128816.932.36$681
Nov 200154518.072.41$1,311
Oct 200175419.782.53$1,907
Sep 200175024.262.25$1,688
Aug 200154224.873.05$1,655
Jul 200165023.933.20$2,078
Jun 200165824.563.82$2,516
May 200169125.524.31$2,976
Apr 200158624.685.34$3,127
Mar 200164924.545.38$3,489
Feb 200139727.755.77$2,290
Jan 200146427.478.40$3,897
Dec 200033926.889.12$3,093
Nov 200011832.215.66$668
Oct 200029031.235.15$1,492
Sep 2000031.875.19$0
Aug 200020129.644.54$913
Jul 200039228.534.09$1,603
Jun 200041829.304.40$1,838
May 200079227.263.68$2,914
Apr 200082024.513.12$2,555
Mar 200070028.422.86$2,002
Feb 200060327.622.73$1,644
Jan 20006,51225.272.48$16,153
Dec 19997,16824.282.42$17,373
Nov 199988523.192.43$2,154
Oct 19991,04420.982.80$2,927
Sep 199987721.752.62$2,297
Aug 19991,06519.262.88$3,063
Jul 199989517.892.37$2,123
Jun 199992415.942.36$2,183
May 199991115.792.32$2,114
Apr 19991,02215.102.21$2,257
Mar 19991,03612.471.84$1,905
Feb 19991,0329.981.82$1,876
Jan 19991,06710.381.90$2,027
Dec 19981,2879.201.77$2,282
Nov 19981,28710.892.19$2,813
Oct 19981,30812.421.97$2,576
Sep 19981,12212.592.08$2,337
Aug 19981,28911.301.91$2,459
Jul 19981,45011.742.24$3,244
Jun 19981,10111.242.24$2,463
May 19981,39312.622.21$3,073
Apr 19981,24613.042.51$3,122
Mar 19981,22112.802.31$2,820
Feb 19981,54613.952.30$3,554
Jan 199867314.702.15$1,450
Dec 19971,68216.322.41$4,055
Nov 19972,06018.193.09$6,362
Oct 19972,77119.253.15$8,728
Sep 19972,33917.742.95$6,911
Aug 19972,26917.862.55$5,797
Jul 19972,62617.582.25$5,900
Jun 19972,41217.242.26$5,444
May 19971,93718.972.31$4,472
Apr 19972,20417.882.08$4,590
Mar 19972,80718.951.94$5,443
Feb 19972,04220.492.21$4,504
Jan 19973,18423.483.54$11,270
Dec 19963,08123.32$0
Nov 19963,44121.97$0
Oct 19963,42523.31$0
Sep 19962,62222.22$0
Aug 19962,17420.26$0
Jul 19962,71119.55$0
Jun 19963,51918.73$0
May 19962,83619.43$0
Apr 19963,72221.51$0
Mar 19963,01919.38$0
Feb 19962,76216.98$0
Jan 19962,99917.07$0
Dec 19952,58317.19$0
Nov 19953,19616.00$0
Oct 19953,19315.43$0
Sep 19953,40316.18$0
Aug 19953,42815.92$0
Jul 19953,55915.24$0
Jun 19952,88616.41$0
May 19954,23417.56$0
Apr 19953,90417.73$0
Mar 19954,86716.44$0
Feb 19954,64016.58$0
Jan 19954,76415.92$0
Dec 19945,69415.03$0
Nov 19945,59815.90$0
Oct 19946,12215.58$0
Sep 19945,91615.29$0
Aug 19944,82416.13$0
Jul 19941,55317.56$0
Jun 19943,71417.09$0
May 19943,93715.88$0
Apr 19943,91014.14$0
Mar 19944,11912.46$0
Feb 19943,82812.50$0
Jan 19943,63912.66$0
Dec 1993012.33$0
Nov 19932,28314.49$0
Oct 19932,37915.85$0
Sep 19932,36015.03$0
Aug 19932,52515.66$0
Jul 19932,82715.46$0
Jun 19931,93216.79$0
May 199333417.68$0
Apr 19933,15818.05$0
Mar 19933,12418.14$0
Feb 19932,83017.90$0
Jan 19933,07116.93$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.

Dec 2023 — as filed, then multipliedworked
Gas                   16 Mcf  × $  2.61 =        $42

────────────────────────────────────────────────────
Month total                                      $42

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/39223 is the state's own key, not one this site invented.