WALTON, J. B. -D- A/C 1

Operated by T&D OIL (P-5 833913) in the KERMIT field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 26498District 08Field 49038001Hydrogen sulphide fieldOilCasinghead gasSaveExport
Value, all time
$4.2 M
Jan 1993 – May 2026
Value, last 12 filed months
$193 k
at the published price for each month
Months reported
401
no gaps in the span
Streams
2
oil, casinghead 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 177 leases and 1,256 wells, and the rule below applies to all of them.

Discovered
1928-12-31
as the register files it
Field class
Oil and 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 10 acres. The field rule took effect on 1937-02-20.

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.

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
OilDisposition82,234 bbl$4,200,943
Casinghead gasProduction1,074 Mcf$51
Total$4,200,993

1,053 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 (5)

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 31.9368, -103.1624. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.4 miles.

31.93695, -103.16151 · 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
20.0%
1 of 5 wells
With a plug date
20.0%
1 of 5 wells
Median depth
3,018 ft
5 wells filed one
Completion to plug
40.3 years
median over 1 well

What the state filed about each well

On the RRC proration schedule
120.0%
A plug date is filed
120.0%
BothOn the schedule and plugged. Neither fact cancels the other.
120.0%
NeitherNo plug date, and not on the schedule.
480.0%

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 2,990 and 3,034 ft, median 3,018 ft, over the 5 wells that filed a depth.

Completions filed
Dec 1980 – Sep 1990
5 of 5 wells
Plug dates filed
Apr 2021
1 of 5 wells; 4 filed none

Last completion to plug: a median of 40.3 years across the 1 well that filed both dates, with the middle half between 40.3 years and 40.3 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

5 wells

42-49506020243,023 ftSep 1990
42-49502343303,004 ftSep 1989
42-49502305323,034 ftFeb 1989
42-4950237352,990 ftNov 1988
42-49581960213,018 ftDec 1980Apr 2021Yes

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 20261680106.413.05$17,877
Apr 2026342098.932.87$33,834
Mar 2026353089.753.15$31,682
Feb 2026175063.503.75$11,113
Jan 2026179059.138.00$10,584
Dec 2025175056.664.41$9,916
Nov 2025176058.593.93$10,312
Oct 2025177059.383.30$10,510
Sep 2025180062.743.08$11,293
Aug 2025167063.933.01$10,676
Jul 2025346066.743.32$23,092
Jun 2025184066.483.13$12,232
May 2025180060.553.23$10,899
Apr 2025366062.363.54$22,824
Mar 2025181067.704.27$12,254
Feb 2025184070.884.34$13,042
Jan 2025361074.324.28$26,830
Dec 2024171068.993.12$11,797
Nov 2024343069.052.20$23,684
Oct 2024177071.372.28$12,632
Sep 2024178069.612.36$12,391
Aug 2024182075.632.06$13,765
Jul 2024178079.932.15$14,228
Jun 2024346078.082.63$27,016
May 2024173078.812.20$13,634
Apr 2024174084.451.66$14,694
Mar 2024180080.301.55$14,454
Feb 2024357076.091.78$27,164
Jan 2024177073.023.30$12,925
Dec 2023157071.262.61$11,188
Nov 2023182077.892.81$14,176
Oct 2023337085.443.09$28,793
Sep 2023157089.042.74$13,979
Aug 2023348080.522.67$28,021
Jul 2023169074.852.64$12,650
Jun 2023341068.962.26$23,515
May 2023179070.622.23$12,641
Apr 2023179078.122.24$13,983
Mar 2023346072.852.39$25,206
Feb 2023162075.112.47$12,168
Jan 2023346076.533.39$26,479
Dec 2022171076.415.73$13,066
Nov 2022337085.005.65$28,645
Oct 2022315087.185.86$27,462
Sep 2022161084.888.16$13,666
Aug 2022338094.529.13$31,948
Jul 20223230101.587.54$32,810
Jun 20221810115.097.98$20,831
May 20221810109.378.43$19,796
Apr 20223450104.226.84$35,956
Mar 20223330108.885.08$36,257
Feb 2022164091.054.86$14,932
Jan 2022336081.844.54$27,498
Dec 2021160071.323.90$11,411
Nov 2021341077.435.24$26,404
Oct 2021174079.795.71$13,883
Sep 2021326069.865.35$22,774
Aug 2021337066.024.22$22,249
Jul 2021333070.783.98$23,570
Jun 2021167069.493.38$11,605
May 2021169063.483.02$10,728
Apr 2021160060.362.76$9,658
Mar 2021344061.302.72$21,087
Feb 2021176057.805.55$10,173
Jan 2021177050.412.81$8,923
Dec 2020171044.642.68$7,633
Nov 20200038.772.71$0
Oct 20200036.972.48$0
Sep 20200037.091.99$0
Aug 20200039.982.39$0
Jul 20200038.371.83$0
Jun 20200034.901.69$0
May 20200016.921.81$0
Apr 20200014.751.80$0
Mar 2020166030.341.86$5,036
Feb 2020166049.881.98$8,280
Jan 2020179057.252.09$10,248
Dec 2019308059.012.30$18,175
Nov 20190055.302.75$0
Oct 20190053.472.42$0
Sep 20190055.052.66$0
Aug 20190053.112.30$0
Jul 20190056.272.46$0
Jun 20190052.782.49$0
May 20190058.482.74$0
Apr 20190062.632.75$0
Mar 20190056.803.06$0
Feb 20190050.852.79$0
Jan 20190046.033.23$0
Dec 20180046.594.19$0
Nov 20180052.934.24$0
Oct 20180061.443.40$0
Sep 20180059.543.11$0
Aug 20180059.403.07$0
Jul 20180065.142.93$0
Jun 20180060.183.08$0
May 20180065.382.90$0
Apr 20180063.842.90$0
Mar 20180061.222.79$0
Feb 20180061.782.77$0
Jan 20180062.874.01$0
Dec 20170057.272.92$0
Nov 20170055.423.12$0
Oct 20170049.292.98$0
Sep 20170047.523.09$0
Aug 20170045.373.00$0
Jul 20170043.873.09$0
Jun 20170042.493.09$0
May 20170045.373.26$0
Apr 20170047.933.21$0
Mar 20170046.772.98$0
Feb 20170050.452.95$0
Jan 20170049.413.42$0
Dec 20160048.763.72$0
Nov 20160042.492.64$0
Oct 20160046.193.09$0
Sep 20160041.553.10$0
Aug 20160041.442.92$0
Jul 20160041.622.92$0
Jun 20160045.352.69$0
May 20160042.521.99$0
Apr 20160036.561.99$0
Mar 2016180033.011.79$5,942
Feb 2016162026.472.06$4,288
Jan 2016313027.352.36$8,561
Dec 2015164032.362.00$5,307
Nov 2015159038.792.17$6,168
Oct 20150043.552.43$0
Sep 2015169042.992.76$7,265
Aug 2015315040.162.87$12,650
Jul 2015314048.152.95$15,119
Jun 2015162056.152.88$9,096
May 2015325055.212.96$17,943
Apr 20150049.822.71$0
Mar 2015308042.892.93$13,210
Feb 2015342044.662.98$15,274
Jan 2015171043.433.10$7,427
Dec 2014158054.693.59$8,641
Nov 2014172070.464.25$12,119
Oct 2014334078.303.90$26,152
Sep 2014172086.164.05$14,820
Aug 2014503089.394.04$44,963
Jul 20140096.564.18$0
Jun 2014340098.164.74$33,374
May 2014334094.734.73$31,640
Apr 20140095.944.81$0
Mar 2014176095.895.06$16,877
Feb 2014165097.406.19$16,071
Jan 2014528090.404.86$47,731
Dec 20130091.824.35$0
Nov 2013161088.853.74$14,305
Oct 2013369097.423.78$35,948
Sep 20131890104.113.72$19,677
Aug 20133370104.253.52$35,132
Jul 20131730102.523.72$17,736
Jun 2013184094.403.93$17,370
May 2013168094.834.15$15,931
Apr 2013162093.964.28$15,222
Mar 2013182093.623.91$17,039
Feb 20130091.233.42$0
Jan 20130091.603.42$0
Dec 2012145086.773.42$12,582
Nov 20120086.953.62$0
Oct 2012179089.383.40$15,999
Sep 2012180094.672.92$17,041
Aug 20120092.662.91$0
Jul 2012174085.133.02$14,813
Jun 2012164079.822.52$13,090
May 2012171091.612.49$15,665
Apr 201200101.652.00$0
Mar 20123360105.052.22$35,297
Feb 20121700101.102.57$17,187
Jan 2012330098.092.73$32,370
Dec 2011183096.873.24$17,727
Nov 2011352095.723.31$33,693
Oct 2011172084.983.65$14,617
Sep 2011363083.623.99$30,354
Aug 2011369083.404.15$30,775
Jul 2011188094.144.52$17,698
Jun 2011191092.904.64$17,744
May 2011332098.134.40$32,579
Apr 20113700105.964.33$39,205
Mar 2011184096.364.06$17,730
Feb 2011156085.644.18$13,360
Jan 20110086.504.59$0
Dec 2010180085.734.35$15,431
Nov 2010151080.843.80$12,207
Oct 20102078.103.51$156
Sep 2010426072.633.98$30,940
Aug 2010185073.684.42$13,631
Jul 2010329072.554.74$23,869
Jun 2010174070.364.91$12,243
May 2010349071.124.24$24,821
Apr 2010176081.694.12$14,377
Mar 2010350078.394.39$27,437
Feb 2010331073.585.44$24,355
Jan 2010169074.365.96$12,567
Dec 2009339071.445.48$24,218
Nov 2009173074.593.75$12,904
Oct 2009168072.544.11$12,187
Sep 2009174065.543.06$11,404
Aug 2009167067.423.22$11,259
Jul 2009170061.133.46$10,392
Jun 2009362066.163.90$23,950
May 2009159054.743.93$8,704
Apr 2009350046.773.59$16,370
Mar 2009165042.144.06$6,953
Feb 2009168032.814.63$5,512
Jan 2009190035.865.37$6,813
Dec 2008347037.105.98$12,874
Nov 2008165055.496.86$9,156
Oct 2008171075.246.92$12,866
Sep 20083290101.767.88$33,479
Aug 20081830114.228.48$20,902
Jul 20081950131.0811.39$25,561
Jun 20081760131.3313.03$23,114
May 20081620123.1711.57$19,954
Apr 20083400110.3110.45$37,505
Mar 20081600101.909.66$16,304
Feb 2008351092.538.77$32,478
Jan 2008171090.388.21$15,455
Dec 2007180088.337.30$15,899
Nov 2007326091.677.29$29,884
Oct 2007179082.856.92$14,830
Sep 2007178075.846.24$13,500
Aug 2007334069.066.39$23,066
Jul 2007330070.906.39$23,397
Jun 2007161062.007.55$9,982
May 2007167058.747.85$9,810
Apr 2007170059.617.81$10,134
Mar 2007335056.927.30$19,068
Feb 2007167055.108.22$9,202
Jan 2007168050.306.73$8,450
Dec 2006331056.656.92$18,751
Nov 2006165054.207.62$8,943
Oct 2006152054.906.01$8,345
Sep 2006299060.085.04$17,964
Aug 2006173068.717.34$11,887
Jul 2006326069.376.34$22,615
Jun 2006172066.286.38$11,400
May 2006333066.016.42$21,981
Apr 2006177064.397.36$11,397
Mar 2006340056.707.08$19,278
Feb 2006179057.597.75$10,309
Jan 2006347060.598.93$21,025
Dec 2005167054.9413.42$9,175
Nov 2005358054.6910.59$19,579
Oct 2005167058.3413.80$9,743
Sep 2005282061.4512.08$17,329
Aug 2005342061.519.80$21,036
Jul 2005340055.697.84$18,935
Jun 2005158052.337.38$8,268
May 2005176045.226.65$7,959
Apr 2005166049.207.36$8,167
Mar 2005325050.377.15$16,370
Feb 2005170045.226.31$7,687
Jan 2005327043.166.32$14,113
Dec 2004166039.866.75$6,617
Nov 2004353045.286.33$15,984
Oct 20040049.706.52$0
Sep 2004341043.245.28$14,745
Aug 2004170042.375.55$7,203
Jul 2004345038.286.08$13,207
Jun 2004351036.106.43$12,671
May 2004172037.486.49$6,447
Apr 2004327034.475.86$11,272
Mar 2004346034.365.53$11,889
Feb 2004176032.455.51$5,711
Jan 2004352032.036.30$11,275
Dec 2003178030.266.30$5,386
Nov 2003355028.804.60$10,224
Oct 2003336028.174.76$9,465
Sep 2003172026.314.75$4,525
Aug 2003176029.765.13$5,238
Jul 2003350029.415.17$10,294
Jun 2003341028.565.98$9,739
May 2003355026.595.97$9,439
Apr 2003177026.675.41$4,721
Mar 2003351031.146.10$10,930
Feb 2003175033.487.93$5,859
Jan 2003334030.315.58$10,124
Dec 2002338026.914.85$9,096
Nov 2002353024.664.14$8,705
Oct 2002320026.464.23$8,467
Sep 2002179027.443.64$4,912
Aug 2002359025.963.16$9,320
Jul 2002182024.583.06$4,474
Jun 2002342023.733.34$8,116
May 2002352024.663.58$8,680
Apr 2002174023.653.51$4,115
Mar 2002530022.003.10$11,660
Feb 2002182018.222.38$3,316
Jan 2002170017.172.38$2,919
Dec 2001175016.932.36$2,963
Nov 20010018.072.41$0
Oct 2001172019.782.53$3,402
Sep 2001168024.262.25$4,076
Aug 2001352024.873.05$8,754
Jul 2001303023.933.20$7,251
Jun 2001167024.563.82$4,102
May 2001355025.524.31$9,060
Apr 20010024.685.34$0
Mar 2001165024.545.38$4,049
Feb 2001360027.755.77$9,990
Jan 2001349027.478.40$9,587
Dec 2000181026.889.12$4,865
Nov 2000358032.215.66$11,531
Oct 2000180031.235.15$5,621
Sep 20000031.875.19$0
Aug 2000339029.644.54$10,048
Jul 2000178028.534.09$5,078
Jun 2000190029.304.40$5,567
May 2000363027.263.68$9,895
Apr 2000178024.513.12$4,363
Mar 2000363028.422.86$10,316
Feb 2000173027.622.73$4,778
Jan 2000178025.272.48$4,498
Dec 1999353024.282.42$8,571
Nov 1999172023.192.43$3,989
Oct 1999354020.982.80$7,427
Sep 1999176021.752.62$3,828
Aug 1999355019.262.88$6,837
Jul 1999184017.892.37$3,292
Jun 1999358015.942.36$5,707
May 1999170015.792.32$2,684
Apr 1999346015.102.21$5,225
Mar 19990012.471.84$0
Feb 1999009.981.82$0
Jan 19990010.381.90$0
Dec 199818309.201.77$1,684
Nov 1998179010.892.19$1,949
Oct 1998364012.421.97$4,521
Sep 1998508112.592.08$6,398
Aug 19980111.301.91$2
Jul 1998172111.742.24$2,022
Jun 1998171111.242.24$1,924
May 1998166112.622.21$2,097
Apr 1998340113.042.51$4,436
Mar 1998176112.802.31$2,255
Feb 1998367113.952.30$5,122
Jan 1998180114.702.15$2,648
Dec 1997351116.322.41$5,731
Nov 1997172118.193.09$3,132
Oct 1997359119.253.15$6,914
Sep 1997165117.742.95$2,930
Aug 1997340117.862.55$6,075
Jul 1997361117.582.25$6,349
Jun 1997162117.242.26$2,795
May 1997328118.972.31$6,224
Apr 1997173117.882.08$3,095
Mar 1997163118.951.94$3,091
Feb 1997345120.492.21$7,071
Jan 1997173123.483.54$4,066
Dec 1996284123.32$6,623
Nov 1996359121.97$7,887
Oct 1996172123.31$4,009
Sep 1996346122.22$7,688
Aug 1996350120.26$7,091
Jul 1996349119.55$6,823
Jun 1996166118.73$3,109
May 1996161119.43$3,128
Apr 1996330121.51$7,098
Mar 1996357119.38$6,919
Feb 1996177116.98$3,005
Jan 1996359117.07$6,128
Dec 1995181117.19$3,111
Nov 1995362116.00$5,792
Oct 1995184115.43$2,839
Sep 1995347116.18$5,614
Aug 1995361115.92$5,747
Jul 1995181115.24$2,758
Jun 1995323116.41$5,300
May 1995362017.56$6,357
Apr 1995175117.73$3,103
Mar 1995183116.44$3,009
Feb 1995360116.58$5,969
Jan 1995172115.92$2,738
Dec 1994182115.03$2,735
Nov 1994341115.90$5,422
Oct 1994361115.58$5,624
Sep 1994179115.29$2,737
Aug 1994353116.13$5,694
Jul 1994159117.56$2,792
Jun 1994172117.09$2,939
May 1994180115.88$2,858
Apr 1994520114.14$7,353
Mar 1994174112.46$2,168
Feb 1994359112.50$4,488
Jan 1994171112.66$2,165
Dec 1993348112.33$4,291
Nov 19930114.49$0
Oct 1993353115.85$5,595
Sep 1993173115.03$2,600
Aug 1993347115.66$5,434
Jul 1993173115.46$2,675
Jun 1993357116.79$5,994
May 19931757817.68$3,094
Apr 19933487318.05$6,281
Mar 199317531918.14$3,175
Feb 199330826717.90$5,513
Jan 199333627416.93$5,688

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 2026 — as filed, then multipliedworked
Oil                  168 bbl  × $106.41 =    $17,877
Casinghead gas         0 Mcf  × $  3.05 =         $0

────────────────────────────────────────────────────
Month total                                  $17,877

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/26498 is the state's own key, not one this site invented.