STATE WALTON -E- A/C 4

Name: STATE WALTON -E- A/C 4 lease production and value, Jan 1993 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

Operated by GRUY PETROLEUM MANAGEMENT CO. (P-5 337106) in the KERMIT, SOUTH (DEVONIAN-OIL) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 21922District 08Field 49042250Hydrogen sulphide fieldOilCasinghead gasSave Export

Value, all time

$1.3 M

Jan 1993 – Aug 2004

Value, last 12 filed months

at the published price for each month

Months reported

140

no gaps in the span

Streams

oil, casinghead gas

The KERMIT, SOUTH (DEVONIAN-OIL) 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 89 leases and 142 wells, and the rule below applies to all of them.

Discovered

1957-12-24

as the register files it

Field class

Oil and gas

the register's own label

Between wells

933 ft

minimum

From a lease line

467 ft

minimum

A drilling unit in this field needs at least 40 acres. The field rule took effect on 1999-12-21.

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: “DIAG. 4800”

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	54,256 bbl	$913,204
Casinghead gas	Production	597,204 Mcf	$400,445
Total			$1,313,649

426,654 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 (3)

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 31.9168, -103.1102. A lease has no coordinate of its own — that point is the mean of its wells, and they span 1.0 miles.

31.91510, -103.11184 · 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%

3 of 3 wells

With a plug date

0.0%

0 of 3 wells

Median depth

10,680 ft

3 wells filed one

Completion to plug

—

no well filed both dates

What the state filed about each well

On the RRC proration schedule

3100.0%

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.

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 10,645 and 10,684 ft, median 10,680 ft, over the 3 wells that filed a depth.

Completions filed

Apr 1987 – Apr 2004

3 of 3 wells

3 wells


42-49532076	34	10,645 ft	Apr 2004	—	Yes
42-49502920	21	10,680 ft	Jan 2000	—	Yes
42-49503177	27	10,684 ft	Apr 1987	—	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 (140)

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

140 months


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	0	0	26.59	5.97	$0
Apr 2003	0	0	26.67	5.41	$0
Mar 2003	0	0	31.14	6.10	$0
Feb 2003	0	0	33.48	7.93	$0
Jan 2003	0	0	30.31	5.58	$0
Dec 2002	0	0	26.91	4.85	$0
Nov 2002	0	0	24.66	4.14	$0
Oct 2002	0	0	26.46	4.23	$0
Sep 2002	0	0	27.44	3.64	$0
Aug 2002	0	0	25.96	3.16	$0
Jul 2002	0	0	24.58	3.06	$0
Jun 2002	0	0	23.73	3.34	$0
May 2002	0	0	24.66	3.58	$0
Apr 2002	0	0	23.65	3.51	$0
Mar 2002	0	0	22.00	3.10	$0
Feb 2002	0	0	18.22	2.38	$0
Jan 2002	0	0	17.17	2.38	$0
Dec 2001	0	0	16.93	2.36	$0
Nov 2001	0	0	18.07	2.41	$0
Oct 2001	0	0	19.78	2.53	$0
Sep 2001	0	0	24.26	2.25	$0
Aug 2001	0	0	24.87	3.05	$0
Jul 2001	0	0	23.93	3.20	$0
Jun 2001	0	0	24.56	3.82	$0
May 2001	0	0	25.52	4.31	$0
Apr 2001	0	0	24.68	5.34	$0
Mar 2001	0	0	24.54	5.38	$0
Feb 2001	0	0	27.75	5.77	$0
Jan 2001	0	0	27.47	8.40	$0
Dec 2000	0	0	26.88	9.12	$0
Nov 2000	0	0	32.21	5.66	$0
Oct 2000	0	0	31.23	5.15	$0
Sep 2000	0	0	31.87	5.19	$0
Aug 2000	0	0	29.64	4.54	$0
Jul 2000	0	0	28.53	4.09	$0
Jun 2000	0	0	29.30	4.40	$0
May 2000	0	0	27.26	3.68	$0
Apr 2000	0	0	24.51	3.12	$0
Mar 2000	0	0	28.42	2.86	$0
Feb 2000	0	0	27.62	2.73	$0
Jan 2000	0	0	25.27	2.48	$0
Dec 1999	0	0	24.28	2.42	$0
Nov 1999	0	0	23.19	2.43	$0
Oct 1999	0	0	20.98	2.80	$0
Sep 1999	0	0	21.75	2.62	$0
Aug 1999	0	0	19.26	2.88	$0
Jul 1999	0	0	17.89	2.37	$0
Jun 1999	0	0	15.94	2.36	$0
May 1999	0	0	15.79	2.32	$0
Apr 1999	0	0	15.10	2.21	$0
Mar 1999	0	0	12.47	1.84	$0
Feb 1999	0	0	9.98	1.82	$0
Jan 1999	0	0	10.38	1.90	$0
Dec 1998	261	0	9.20	1.77	$2,401
Nov 1998	273	7,866	10.89	2.19	$20,166
Oct 1998	164	7,926	12.42	1.97	$17,645
Sep 1998	220	7,540	12.59	2.08	$18,473
Aug 1998	268	8,374	11.30	1.91	$19,001
Jul 1998	146	7,536	11.74	2.24	$18,574
Jun 1998	240	7,037	11.24	2.24	$18,441
May 1998	292	6,413	12.62	2.21	$17,834
Apr 1998	292	6,652	13.04	2.51	$20,473
Mar 1998	397	6,429	12.80	2.31	$19,929
Feb 1998	382	7,173	13.95	2.30	$21,821
Jan 1998	434	4,659	14.70	2.15	$16,419
Dec 1997	434	6,751	16.32	2.41	$23,360
Nov 1997	557	6,120	18.19	3.09	$29,032
Oct 1997	559	7,150	19.25	3.15	$33,282
Sep 1997	557	5,849	17.74	2.95	$27,164
Aug 1997	628	5,859	17.86	2.55	$26,184
Jul 1997	747	7,304	17.58	2.25	$29,544
Jun 1997	754	6,657	17.24	2.26	$28,025
May 1997	820	10,100	18.97	2.31	$38,871
Apr 1997	889	10,247	17.88	2.08	$37,238
Mar 1997	883	11,384	18.95	1.94	$38,808
Feb 1997	640	8,921	20.49	2.21	$32,792
Jan 1997	784	6,603	23.48	3.54	$41,781
Dec 1996	741	7,088	23.32	—	$17,280
Nov 1996	720	7,381	21.97	—	$15,818
Oct 1996	779	7,755	23.31	—	$18,158
Sep 1996	926	7,629	22.22	—	$20,576
Aug 1996	809	6,387	20.26	—	$16,390
Jul 1996	974	6,756	19.55	—	$19,042
Jun 1996	842	6,587	18.73	—	$15,771
May 1996	998	6,052	19.43	—	$19,391
Apr 1996	833	7,341	21.51	—	$17,918
Mar 1996	963	6,703	19.38	—	$18,663
Feb 1996	679	6,431	16.98	—	$11,529
Jan 1996	940	7,192	17.07	—	$16,046
Dec 1995	1,151	9,341	17.19	—	$19,786
Nov 1995	880	10,170	16.00	—	$14,080
Oct 1995	1,054	9,914	15.43	—	$16,263
Sep 1995	1,090	7,691	16.18	—	$17,636
Aug 1995	1,060	9,816	15.92	—	$16,875
Jul 1995	817	10,235	15.24	—	$12,451
Jun 1995	908	11,164	16.41	—	$14,900
May 1995	1,113	11,828	17.56	—	$19,544
Apr 1995	736	9,299	17.73	—	$13,049
Mar 1995	834	9,592	16.44	—	$13,711
Feb 1995	1,127	9,851	16.58	—	$18,686
Jan 1995	1,399	10,637	15.92	—	$22,272
Dec 1994	1,285	11,612	15.03	—	$19,314
Nov 1994	1,312	10,802	15.90	—	$20,861
Oct 1994	827	12,782	15.58	—	$12,885
Sep 1994	636	9,978	15.29	—	$9,724
Aug 1994	824	9,784	16.13	—	$13,291
Jul 1994	628	13,794	17.56	—	$11,028
Jun 1994	681	13,088	17.09	—	$11,638
May 1994	632	9,846	15.88	—	$10,036
Apr 1994	823	8,369	14.14	—	$11,637
Mar 1994	780	9,289	12.46	—	$9,719
Feb 1994	691	7,479	12.50	—	$8,638
Jan 1994	1,239	9,799	12.66	—	$15,686
Dec 1993	1,381	8,608	12.33	—	$17,028
Nov 1993	1,211	5,250	14.49	—	$17,547
Oct 1993	1,171	6,147	15.85	—	$18,560
Sep 1993	773	7,292	15.03	—	$11,618
Aug 1993	773	7,983	15.66	—	$12,105
Jul 1993	767	9,973	15.46	—	$11,858
Jun 1993	508	5,655	16.79	—	$8,529
May 1993	638	10,000	17.68	—	$11,280
Apr 1993	645	8,127	18.05	—	$11,642
Mar 1993	647	9,983	18.14	—	$11,737
Feb 1993	681	8,785	17.90	—	$12,190
Jan 1993	709	9,389	16.93	—	$12,003

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 1998 — as filed, then multipliedworked

Oil                  261 bbl  × $  9.20 =     $2,401
Casinghead gas         0 Mcf  × $  1.77 =         $0

────────────────────────────────────────────────────
Month total                                   $2,401

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/21922 is the state's own key, not one this site invented.