STATE-WALTON

Name: STATE-WALTON lease production and value, Jan 1993 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

Operated by DEVON ENERGY PRODUCTION CO, L.P. (P-5 216378) in the KERMIT (ELLENBURGER) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 11698District 08Field 49038071Hydrogen sulphide fieldOilCasinghead gasSave Export

Value, all time

$5.8 M

Jan 1993 – Nov 2004

Value, last 12 filed months

at the published price for each month

Months reported

143

no gaps in the span

Streams

oil, casinghead gas

The KERMIT (ELLENBURGER) field

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 41 leases and 63 wells, and the rule below applies to all of them.

Discovered

1943-04-25

as the register files it

Field class

Oil and gas

the register's own label

Between wells

1,150 ft

minimum

From a lease line

660 ft

minimum

A drilling unit in this field needs at least 80 acres. The field rule took effect on 1957-02-04.

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: “BASE ACREAGE 80”

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.

Stream	Basis	Volume	Value
Oil	Disposition	116,734 bbl	$2,119,577
Casinghead gas	Production	1,518,409 Mcf	$3,631,928
Total			$5,751,506

383,827 Mcf of this lease's gas, across 30 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 (2)

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 31.8994, -103.0994. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.5 miles.

31.89935, -103.09937 · centre of the wells drawn, derived⌘ or Ctrl + scroll to zoom

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%

2 of 2 wells

With a plug date

50.0%

1 of 2 wells

Median depth

10,651 ft

2 wells filed one

Completion to plug

12.6 years

median over 1 well

What the state filed about each well

On the RRC proration schedule

2100.0%

A plug date is filed

150.0%

BothOn the schedule and plugged. Neither fact cancels the other.

150.0%

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

Between 10,648 and 10,653 ft, median 10,651 ft, over the 2 wells that filed a depth.

Completions filed

Jul 1994 – May 1999

2 of 2 wells

Plug dates filed

Feb 2007

1 of 2 wells; 1 filed none

Last completion to plug: a median of 12.6 years across the 1 well that filed both dates, with the middle half between 12.6 years and 12.6 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

2 wells


42-49505173	1 L	10,653 ft	May 1999	—	Yes
42-49505174	2 L	10,648 ft	Jul 1994	Feb 2007	Yes

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 (143)

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

143 months


Nov 2004	0	0	45.28	6.33	$0
Oct 2004	0	0	49.70	6.52	$0
Sep 2004	0	0	43.24	5.28	$0
Aug 2004	0	0	42.37	5.55	$0
Jul 2004	0	0	38.28	6.08	$0
Jun 2004	0	0	36.10	6.43	$0
May 2004	0	0	37.48	6.49	$0
Apr 2004	0	0	34.47	5.86	$0
Mar 2004	0	0	34.36	5.53	$0
Feb 2004	0	0	32.45	5.51	$0
Jan 2004	0	0	32.03	6.30	$0
Dec 2003	0	0	30.26	6.30	$0
Nov 2003	0	0	28.80	4.60	$0
Oct 2003	0	0	28.17	4.76	$0
Sep 2003	0	0	26.31	4.75	$0
Aug 2003	0	0	29.76	5.13	$0
Jul 2003	0	0	29.41	5.17	$0
Jun 2003	0	0	28.56	5.98	$0
May 2003	89	0	26.59	5.97	$2,367
Apr 2003	100	14,845	26.67	5.41	$82,938
Mar 2003	56	15,299	31.14	6.10	$95,007
Feb 2003	115	14,007	33.48	7.93	$114,868
Jan 2003	76	14,864	30.31	5.58	$85,275
Dec 2002	113	15,141	26.91	4.85	$76,532
Nov 2002	79	13,645	24.66	4.14	$58,397
Oct 2002	66	15,475	26.46	4.23	$67,192
Sep 2002	113	14,016	27.44	3.64	$54,052
Aug 2002	38	15,069	25.96	3.16	$48,667
Jul 2002	63	15,141	24.58	3.06	$47,907
Jun 2002	96	14,125	23.73	3.34	$49,431
May 2002	319	15,505	24.66	3.58	$63,436
Apr 2002	236	14,127	23.65	3.51	$55,200
Mar 2002	530	14,862	22.00	3.10	$57,773
Feb 2002	299	13,333	18.22	2.38	$37,123
Jan 2002	594	15,440	17.17	2.38	$46,879
Dec 2001	616	14,765	16.93	2.36	$45,339
Nov 2001	223	15,084	18.07	2.41	$40,314
Oct 2001	390	16,026	19.78	2.53	$48,242
Sep 2001	504	15,413	24.26	2.25	$46,927
Aug 2001	397	15,057	24.87	3.05	$55,845
Jul 2001	152	15,888	23.93	3.20	$54,433
Jun 2001	300	17,087	24.56	3.82	$72,711
May 2001	414	14,078	25.52	4.31	$71,204
Apr 2001	451	15,221	24.68	5.34	$92,340
Mar 2001	439	15,706	24.54	5.38	$95,215
Feb 2001	469	11,442	27.75	5.77	$79,002
Jan 2001	651	9,921	27.47	8.40	$101,207
Dec 2000	810	10,213	26.88	9.12	$114,941
Nov 2000	535	0	32.21	5.66	$17,232
Oct 2000	498	15,199	31.23	5.15	$93,759
Sep 2000	487	15,864	31.87	5.19	$97,799
Aug 2000	1,046	12,702	29.64	4.54	$88,680
Jul 2000	671	13,685	28.53	4.09	$75,112
Jun 2000	918	13,224	29.30	4.40	$85,047
May 2000	846	14,334	27.26	3.68	$75,808
Apr 2000	850	13,602	24.51	3.12	$63,217
Mar 2000	851	15,721	28.42	2.86	$69,144
Feb 2000	1,226	13,757	27.62	2.73	$71,371
Jan 2000	966	13,335	25.27	2.48	$57,488
Dec 1999	1,192	12,763	24.28	2.42	$59,876
Nov 1999	1,182	13,596	23.19	2.43	$60,503
Oct 1999	1,052	13,225	20.98	2.80	$59,150
Sep 1999	1,208	16,742	21.75	2.62	$70,119
Aug 1999	1,154	16,703	19.26	2.88	$70,257
Jul 1999	838	16,454	17.89	2.37	$54,027
Jun 1999	888	15,448	15.94	2.36	$50,644
May 1999	1,262	15,895	15.79	2.32	$56,820
Apr 1999	1,012	16,131	15.10	2.21	$50,899
Mar 1999	823	16,674	12.47	1.84	$40,915
Feb 1999	1,174	14,493	9.98	1.82	$38,062
Jan 1999	1,327	15,997	10.38	1.90	$44,168
Dec 1998	2,269	17,683	9.20	1.77	$52,232
Nov 1998	1,925	16,349	10.89	2.19	$56,698
Oct 1998	1,530	17,825	12.42	1.97	$54,104
Sep 1998	1,414	17,269	12.59	2.08	$53,767
Aug 1998	1,541	17,172	11.30	1.91	$50,166
Jul 1998	819	17,802	11.74	2.24	$49,443
Jun 1998	1,361	17,189	11.24	2.24	$53,754
May 1998	1,076	18,706	12.62	2.21	$54,851
Apr 1998	661	13,996	13.04	2.51	$43,684
Mar 1998	1,082	13,848	12.80	2.31	$45,831
Feb 1998	725	15,022	13.95	2.30	$44,651
Jan 1998	1,309	15,925	14.70	2.15	$53,557
Dec 1997	1,868	15,759	16.32	2.41	$68,482
Nov 1997	904	16,074	18.19	3.09	$66,084
Oct 1997	1,665	17,064	19.25	3.15	$85,800
Sep 1997	1,853	16,720	17.74	2.95	$82,278
Aug 1997	947	19,795	17.86	2.55	$67,485
Jul 1997	1,954	18,060	17.58	2.25	$74,931
Jun 1997	1,993	16,670	17.24	2.26	$71,987
May 1997	1,779	17,980	18.97	2.31	$75,254
Apr 1997	751	12,835	17.88	2.08	$40,160
Mar 1997	885	15,948	18.95	1.94	$47,696
Feb 1997	1,110	12,272	20.49	2.21	$49,815
Jan 1997	1,485	10,280	23.48	3.54	$71,256
Dec 1996	1,279	11,698	23.32	—	$29,826
Nov 1996	968	13,585	21.97	—	$21,267
Oct 1996	1,414	14,004	23.31	—	$32,960
Sep 1996	1,527	14,541	22.22	—	$33,930
Aug 1996	1,065	15,993	20.26	—	$21,577
Jul 1996	1,350	14,823	19.55	—	$26,393
Jun 1996	1,034	12,680	18.73	—	$19,367
May 1996	1,310	12,660	19.43	—	$25,453
Apr 1996	2,335	12,967	21.51	—	$50,226
Mar 1996	1,555	13,964	19.38	—	$30,136
Feb 1996	1,813	11,300	16.98	—	$30,785
Jan 1996	1,475	12,627	17.07	—	$25,178
Dec 1995	1,856	12,762	17.19	—	$31,905
Nov 1995	1,388	11,206	16.00	—	$22,208
Oct 1995	1,966	12,711	15.43	—	$30,335
Sep 1995	1,634	10,338	16.18	—	$26,438
Aug 1995	2,164	9,580	15.92	—	$34,451
Jul 1995	2,104	12,435	15.24	—	$32,065
Jun 1995	2,047	10,200	16.41	—	$33,591
May 1995	1,437	9,810	17.56	—	$25,234
Apr 1995	2,035	8,777	17.73	—	$36,081
Mar 1995	2,490	10,893	16.44	—	$40,936
Feb 1995	2,519	12,106	16.58	—	$41,765
Jan 1995	2,193	12,734	15.92	—	$34,913
Dec 1994	2,448	12,669	15.03	—	$36,793
Nov 1994	2,401	13,902	15.90	—	$38,176
Oct 1994	2,278	16,917	15.58	—	$35,491
Sep 1994	2,344	14,727	15.29	—	$35,840
Aug 1994	1,543	16,631	16.13	—	$24,889
Jul 1994	1,052	14,587	17.56	—	$18,473
Jun 1994	0	0	17.09	—	$0
May 1994	0	0	15.88	—	$0
Apr 1994	0	0	14.14	—	$0
Mar 1994	0	0	12.46	—	$0
Feb 1994	0	0	12.50	—	$0
Jan 1994	0	0	12.66	—	$0
Dec 1993	0	0	12.33	—	$0
Nov 1993	0	0	14.49	—	$0
Oct 1993	0	0	15.85	—	$0
Sep 1993	0	0	15.03	—	$0
Aug 1993	0	0	15.66	—	$0
Jul 1993	0	0	15.46	—	$0
Jun 1993	0	0	16.79	—	$0
May 1993	0	0	17.68	—	$0
Apr 1993	0	0	18.05	—	$0
Mar 1993	0	0	18.14	—	$0
Feb 1993	0	0	17.90	—	$0
Jan 1993	0	0	16.93	—	$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.

May 2003 — as filed, then multipliedworked

Oil                   89 bbl  × $ 26.59 =     $2,367
Casinghead gas         0 Mcf  × $  5.97 =         $0

────────────────────────────────────────────────────
Month total                                   $2,367

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/O/11698 is the state's own key, not one this site invented.