WALTON A/C 118

Operated by SAXET OIL CORPORATION (P-5 749370) 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 78801District 08Field 49038639Hydrogen sulphide fieldGasSaveExport
Value, all time
$535 k
Jan 1993 – Dec 2025
Value, last 12 filed months
$0
at the published price for each month
Months reported
396
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
GasProduction159,268 Mcf$534,679
Total$534,679

36,936 Mcf of this lease's gas, across 48 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 31.8198, -103.1186. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.81984, -103.11861 · 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
100.0%
1 of 1 wells
With a plug date
100.0%
1 of 1 wells
Median depth
3,060 ft
1 wells filed one
Completion to plug
47.3 years
median over 1 well

What the state filed about each well

On the RRC proration schedule
1100.0%
A plug date is filed
1100.0%
BothOn the schedule and plugged. Neither fact cancels the other.
1100.0%
NeitherNo plug date, and not on the schedule.
00.0%

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 3,060 ft.

Completions filed
Sep 1978
1 of 1 wells
Plug dates filed
Dec 2025
1 of 1 wells

Last completion to plug: a median of 47.3 years across the 1 well that filed both dates, with the middle half between 47.3 years and 47.3 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-49502350103,060 ftSep 1978Dec 2025Yes

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 (396)

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

396 months

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 20241884.451.66$30
Mar 20246580.301.55$100
Feb 20246076.091.78$107
Jan 20245673.023.30$185
Dec 20238471.262.61$219
Nov 20233477.892.81$95
Oct 20232785.443.09$83
Sep 20231889.042.74$49
Aug 202312480.522.67$331
Jul 20235674.852.64$148
Jun 202310768.962.26$242
May 20238370.622.23$185
Apr 20239378.122.24$208
Mar 20235872.852.39$139
Feb 20235275.112.47$128
Jan 20237276.533.39$244
Dec 20226476.415.73$367
Nov 202212885.005.65$723
Oct 202211987.185.86$698
Sep 202213284.888.16$1,078
Aug 202213394.529.13$1,214
Jul 2022112101.587.54$845
Jun 20220115.097.98$0
May 202229109.378.43$245
Apr 2022122104.226.84$834
Mar 2022125108.885.08$635
Feb 20229991.054.86$481
Jan 20227081.844.54$318
Dec 202113671.323.90$530
Nov 202113777.435.24$717
Oct 202112879.795.71$731
Sep 202111269.865.35$599
Aug 202112566.024.22$528
Jul 202112670.783.98$502
Jun 20219869.493.38$331
May 202110663.483.02$320
Apr 20218060.362.76$221
Mar 2021061.302.72$0
Feb 2021057.805.55$0
Jan 2021050.412.81$0
Dec 2020044.642.68$0
Nov 2020038.772.71$0
Oct 2020036.972.48$0
Sep 2020037.091.99$0
Aug 2020639.982.39$14
Jul 20202938.371.83$53
Jun 20203734.901.69$63
May 20202816.921.81$51
Apr 2020314.751.80$5
Mar 20201730.341.86$32
Feb 2020049.881.98$0
Jan 20202757.252.09$57
Dec 2019459.012.30$9
Nov 2019055.302.75$0
Oct 2019053.472.42$0
Sep 2019055.052.66$0
Aug 2019053.112.30$0
Jul 20193756.272.46$91
Jun 20191852.782.49$45
May 20191658.482.74$44
Apr 2019262.632.75$6
Mar 20193556.803.06$107
Feb 2019050.852.79$0
Jan 20191446.033.23$45
Dec 2018046.594.19$0
Nov 2018052.934.24$0
Oct 201811361.443.40$384
Sep 201814859.543.11$460
Aug 201816459.403.07$503
Jul 201815965.142.93$466
Jun 201816060.183.08$492
May 201817365.382.90$502
Apr 20183663.842.90$104
Mar 20182061.222.79$56
Feb 20183361.782.77$91
Jan 2018462.874.01$16
Dec 20173857.272.92$111
Nov 2017755.423.12$22
Oct 2017949.292.98$27
Sep 201711747.523.09$361
Aug 201761345.373.00$1,842
Jul 201765443.873.09$2,019
Jun 201762442.493.09$1,926
May 201770145.373.26$2,288
Apr 201772247.933.21$2,319
Mar 201781046.772.98$2,417
Feb 201767650.452.95$1,996
Jan 201778649.413.42$2,687
Dec 201664748.763.72$2,409
Nov 201667142.492.64$1,774
Oct 201641546.193.09$1,282
Sep 201632341.553.10$1,002
Aug 201634141.442.92$997
Jul 201629241.622.92$854
Jun 201610745.352.69$287
May 20166842.521.99$135
Apr 201615136.561.99$301
Mar 2016033.011.79$0
Feb 2016226.472.06$4
Jan 20168827.352.36$208
Dec 201520332.362.00$406
Nov 201532938.792.17$713
Oct 201529743.552.43$721
Sep 20158842.992.76$243
Aug 201523940.162.87$687
Jul 201541848.152.95$1,231
Jun 201526956.152.88$775
May 201560155.212.96$1,776
Apr 201580449.822.71$2,176
Mar 201562842.892.93$1,843
Feb 201552344.662.98$1,557
Jan 201549143.433.10$1,522
Dec 201479854.693.59$2,866
Nov 201448470.464.25$2,058
Oct 201492078.303.90$3,589
Sep 201466686.164.05$2,694
Aug 201472789.394.04$2,934
Jul 201463096.564.18$2,633
Jun 201446998.164.74$2,222
May 201442094.734.73$1,985
Apr 201447795.944.81$2,294
Mar 201443495.895.06$2,195
Feb 201438997.406.19$2,409
Jan 201445290.404.86$2,197
Dec 201341591.824.35$1,807
Nov 201347188.853.74$1,761
Oct 201336097.423.78$1,361
Sep 2013411104.113.72$1,528
Aug 2013285104.253.52$1,004
Jul 2013347102.523.72$1,290
Jun 201322594.403.93$885
May 201325894.834.15$1,070
Apr 201311393.964.28$484
Mar 201318393.623.91$716
Feb 201318991.233.42$646
Jan 2013091.603.42$0
Dec 2012086.773.42$0
Nov 2012086.953.62$0
Oct 2012089.383.40$0
Sep 20124194.672.92$120
Aug 201222192.662.91$643
Jul 201227785.133.02$837
Jun 201225879.822.52$650
May 201232991.612.49$819
Apr 2012232101.652.00$463
Mar 2012184105.052.22$409
Feb 2012109101.102.57$280
Jan 201212598.092.73$342
Dec 201110696.873.24$343
Nov 201119795.723.31$652
Oct 201126384.983.65$960
Sep 201127783.623.99$1,104
Aug 201130983.404.15$1,282
Jul 201129694.144.52$1,337
Jun 201125392.904.64$1,174
May 201117398.134.40$762
Apr 2011179105.964.33$776
Mar 201118796.364.06$759
Feb 201115385.644.18$640
Jan 201117686.504.59$808
Dec 201022185.734.35$961
Nov 201021180.843.80$801
Oct 201019878.103.51$695
Sep 201018872.633.98$748
Aug 201027473.684.42$1,211
Jul 201020672.554.74$976
Jun 201019870.364.91$972
May 201019471.124.24$822
Apr 201021481.694.12$882
Mar 201020378.394.39$891
Feb 201024873.585.44$1,350
Jan 201024474.365.96$1,455
Dec 200924671.445.48$1,349
Nov 200926174.593.75$979
Oct 200923872.544.11$978
Sep 200923065.543.06$705
Aug 20093567.423.22$113
Jul 200915761.133.46$544
Jun 200934966.163.90$1,359
May 200929954.743.93$1,174
Apr 200930446.773.59$1,091
Mar 200930242.144.06$1,226
Feb 200924432.814.63$1,130
Jan 200932535.865.37$1,746
Dec 200838937.105.98$2,325
Nov 200833755.496.86$2,312
Oct 200843575.246.92$3,011
Sep 2008264101.767.88$2,080
Aug 2008483114.228.48$4,097
Jul 2008432131.0811.39$4,920
Jun 2008352131.3313.03$4,587
May 2008167123.1711.57$1,933
Apr 2008174110.3110.45$1,819
Mar 2008170101.909.66$1,643
Feb 200812692.538.77$1,105
Jan 200820790.388.21$1,699
Dec 200721288.337.30$1,548
Nov 200719891.677.29$1,444
Oct 200731482.856.92$2,174
Sep 200722975.846.24$1,430
Aug 200726369.066.39$1,680
Jul 200725270.906.39$1,610
Jun 200728062.007.55$2,114
May 200726558.747.85$2,079
Apr 200732959.617.81$2,568
Mar 200738756.927.30$2,826
Feb 200733055.108.22$2,711
Jan 200738450.306.73$2,583
Dec 200648756.656.92$3,369
Nov 200649554.207.62$3,771
Oct 200641154.906.01$2,472
Sep 200625860.085.04$1,300
Aug 200624268.717.34$1,776
Jul 200628569.376.34$1,808
Jun 200630366.286.38$1,934
May 200629366.016.42$1,883
Apr 200630264.397.36$2,223
Mar 200613556.707.08$956
Feb 200626957.597.75$2,085
Jan 200633760.598.93$3,011
Dec 200528054.9413.42$3,756
Nov 200526854.6910.59$2,838
Oct 200551158.3413.80$7,050
Sep 200571761.4512.08$8,661
Aug 200558461.519.80$5,721
Jul 200570755.697.84$5,545
Jun 200549752.337.38$3,668
May 200550445.226.65$3,352
Apr 200557049.207.36$4,195
Mar 200553450.377.15$3,821
Feb 200550045.226.31$3,156
Jan 200570143.166.32$4,432
Dec 200468039.866.75$4,591
Nov 200455845.286.33$3,532
Oct 200465749.706.52$4,280
Sep 200451243.245.28$2,705
Aug 200462642.375.55$3,475
Jul 200469438.286.08$4,222
Jun 200443336.106.43$2,786
May 200442237.486.49$2,741
Apr 200440434.475.86$2,367
Mar 200449834.365.53$2,754
Feb 200447032.455.51$2,590
Jan 200442832.036.30$2,696
Dec 200342630.266.30$2,685
Nov 200342328.804.60$1,944
Oct 200360928.174.76$2,899
Sep 200368926.314.75$3,272
Aug 200354329.765.13$2,785
Jul 200329129.415.17$1,505
Jun 200346028.565.98$2,752
May 200335526.595.97$2,120
Apr 200338326.675.41$2,071
Mar 200348631.146.10$2,963
Feb 200343333.487.93$3,432
Jan 200362430.315.58$3,483
Dec 200256926.914.85$2,762
Nov 200253824.664.14$2,226
Oct 200270026.464.23$2,960
Sep 200263327.443.64$2,301
Aug 200279525.963.16$2,516
Jul 200272724.583.06$2,226
Jun 200283023.733.34$2,771
May 200287324.663.58$3,129
Apr 200283423.653.51$2,929
Mar 200261722.003.10$1,914
Feb 200244318.222.38$1,052
Jan 200229217.172.38$694
Dec 200148316.932.36$1,142
Nov 200182218.072.41$1,977
Oct 200186519.782.53$2,187
Sep 200144324.262.25$997
Aug 200153024.873.05$1,618
Jul 20011,06523.933.20$3,405
Jun 20011,16024.563.82$4,436
May 20011,24425.524.31$5,358
Apr 20011,04924.685.34$5,597
Mar 200194824.545.38$5,097
Feb 20011,05627.755.77$6,090
Jan 200198427.478.40$8,264
Dec 200079926.889.12$7,289
Nov 200093132.215.66$5,268
Oct 20001,11031.235.15$5,712
Sep 20001,00631.875.19$5,218
Aug 20001,07829.644.54$4,895
Jul 20001,16828.534.09$4,777
Jun 20001,00229.304.40$4,406
May 20001,06427.263.68$3,915
Apr 20001,18424.513.12$3,689
Mar 20001,16028.422.86$3,317
Feb 20001,07827.622.73$2,939
Jan 20001,13625.272.48$2,818
Dec 19991,06624.282.42$2,584
Nov 19991,15623.192.43$2,814
Oct 199995820.982.80$2,686
Sep 19991,11721.752.62$2,925
Aug 199972419.262.88$2,082
Jul 199912817.892.37$304
Jun 199915615.942.36$368
May 199968315.792.32$1,585
Apr 199970015.102.21$1,546
Mar 199970912.471.84$1,303
Feb 19994619.981.82$838
Jan 199937610.381.90$714
Dec 19985589.201.77$990
Nov 199850410.892.19$1,102
Oct 199842812.421.97$843
Sep 199844712.592.08$931
Aug 199851711.301.91$986
Jul 199859511.742.24$1,331
Jun 199887211.242.24$1,951
May 199826112.622.21$576
Apr 1998113.042.51$3
Mar 199812412.802.31$286
Feb 199875613.952.30$1,738
Jan 199875214.702.15$1,620
Dec 199776116.322.41$1,835
Nov 199777718.193.09$2,400
Oct 199775819.253.15$2,388
Sep 199776317.742.95$2,255
Aug 199780717.862.55$2,062
Jul 199780817.582.25$1,816
Jun 199783717.242.26$1,889
May 199792918.972.31$2,145
Apr 199790617.882.08$1,887
Mar 199789018.951.94$1,726
Feb 199770220.492.21$1,549
Jan 199757623.483.54$2,039
Dec 199667123.32$0
Nov 199669621.97$0
Oct 199670423.31$0
Sep 199675222.22$0
Aug 199672720.26$0
Jul 199666519.55$0
Jun 199674818.73$0
May 199675219.43$0
Apr 199672521.51$0
Mar 199672419.38$0
Feb 199665916.98$0
Jan 199664017.07$0
Dec 199574817.19$0
Nov 199590216.00$0
Oct 199591015.43$0
Sep 199585316.18$0
Aug 199590615.92$0
Jul 199593415.24$0
Jun 199562316.41$0
May 199576217.56$0
Apr 199557017.73$0
Mar 199555316.44$0
Feb 199547816.58$0
Jan 199569015.92$0
Dec 199473615.03$0
Nov 199477115.90$0
Oct 199477815.58$0
Sep 199474515.29$0
Aug 199483316.13$0
Jul 199480617.56$0
Jun 199474117.09$0
May 199481615.88$0
Apr 199479014.14$0
Mar 199478212.46$0
Feb 199467912.50$0
Jan 199475112.66$0
Dec 199371812.33$0
Nov 199384114.49$0
Oct 199378815.85$0
Sep 199370615.03$0
Aug 199392915.66$0
Jul 199395315.46$0
Jun 199397916.79$0
May 199395417.68$0
Apr 19931,00018.05$0
Mar 199380318.14$0
Feb 199377317.90$0
Jan 199387216.93$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.

Apr 2024 — as filed, then multipliedworked
Gas                   18 Mcf  × $  1.66 =        $30

────────────────────────────────────────────────────
Month total                                      $30

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/78801 is the state's own key, not one this site invented.