WALTON -E-

Operated by LEGACY RESERVES OPERATING LP (P-5 495445) in the HENDERSON field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 31056District 08Field 40354001Hydrogen sulphide fieldOilCasinghead gasSaveExport
Value, all time
$396 k
Jan 1993 – Jun 2019
Value, last 12 filed months
$0
at the published price for each month
Months reported
318
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 42 leases and 92 wells, and the rule below applies to all of them.

Discovered
1936-12-31
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 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: MULTI 49B UP TO MAX OF 80 ACRES

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
OilDisposition20,350 bbl$359,714
Casinghead gasProduction21,715 Mcf$35,919
Total$395,633

9,083 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 (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 31.9189, -103.1804. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.1 miles.

31.91889, -103.18041 · 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%
2 of 2 wells
With a plug date
100.0%
2 of 2 wells
Median depth
3,200 ft
2 wells filed one
Completion to plug
27.8 years
median over 2 wells

What the state filed about each well

On the RRC proration schedule
2100.0%
A plug date is filed
2100.0%
BothOn the schedule and plugged. Neither fact cancels the other.
2100.0%
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 3,200 and 3,200 ft, median 3,200 ft, over the 2 wells that filed a depth.

Completions filed
Feb 1987 – May 1987
2 of 2 wells
Plug dates filed
Dec 2014 – Jan 2015
2 of 2 wells

Last completion to plug: a median of 27.8 years across the 2 wells that filed both dates, with the middle half between 27.8 years and 27.8 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

2 wells

42-4953211423,200 ftMay 1987Jan 2015Yes
42-4953209113,200 ftFeb 1987Dec 2014Yes

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 (318)

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

318 months

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 20160033.011.79$0
Feb 20160026.472.06$0
Jan 20160027.352.36$0
Dec 20150032.362.00$0
Nov 20150038.792.17$0
Oct 20150043.552.43$0
Sep 20150042.992.76$0
Aug 20150040.162.87$0
Jul 20150048.152.95$0
Jun 20150056.152.88$0
May 20150055.212.96$0
Apr 20150049.822.71$0
Mar 20150042.892.93$0
Feb 20150044.662.98$0
Jan 20150043.433.10$0
Dec 20140054.693.59$0
Nov 20140070.464.25$0
Oct 20140078.303.90$0
Sep 20140086.164.05$0
Aug 20140089.394.04$0
Jul 20140096.564.18$0
Jun 20140098.164.74$0
May 20140094.734.73$0
Apr 20140095.944.81$0
Mar 20140095.895.06$0
Feb 20140097.406.19$0
Jan 20140090.404.86$0
Dec 20130091.824.35$0
Nov 20130088.853.74$0
Oct 20130097.423.78$0
Sep 201300104.113.72$0
Aug 201300104.253.52$0
Jul 201300102.523.72$0
Jun 20130094.403.93$0
May 20130094.834.15$0
Apr 20130093.964.28$0
Mar 20130093.623.91$0
Feb 20130091.233.42$0
Jan 20130091.603.42$0
Dec 20120086.773.42$0
Nov 20120086.953.62$0
Oct 20120089.383.40$0
Sep 20120094.672.92$0
Aug 20120092.662.91$0
Jul 20120085.133.02$0
Jun 20120079.822.52$0
May 20120091.612.49$0
Apr 201200101.652.00$0
Mar 201200105.052.22$0
Feb 201200101.102.57$0
Jan 20120098.092.73$0
Dec 20110096.873.24$0
Nov 20110095.723.31$0
Oct 20110084.983.65$0
Sep 20110083.623.99$0
Aug 20110083.404.15$0
Jul 20110094.144.52$0
Jun 20110092.904.64$0
May 20110098.134.40$0
Apr 201100105.964.33$0
Mar 20110096.364.06$0
Feb 20110085.644.18$0
Jan 20110086.504.59$0
Dec 20100085.734.35$0
Nov 20100080.843.80$0
Oct 20100078.103.51$0
Sep 20100072.633.98$0
Aug 20100073.684.42$0
Jul 20100072.554.74$0
Jun 20100070.364.91$0
May 20100071.124.24$0
Apr 20100081.694.12$0
Mar 20100078.394.39$0
Feb 20100073.585.44$0
Jan 20100074.365.96$0
Dec 20090071.445.48$0
Nov 20090074.593.75$0
Oct 20090072.544.11$0
Sep 20090065.543.06$0
Aug 20090067.423.22$0
Jul 20090061.133.46$0
Jun 20090066.163.90$0
May 20090054.743.93$0
Apr 20090046.773.59$0
Mar 20090042.144.06$0
Feb 20090032.814.63$0
Jan 20090035.865.37$0
Dec 20080037.105.98$0
Nov 20080055.496.86$0
Oct 20080075.246.92$0
Sep 200800101.767.88$0
Aug 200800114.228.48$0
Jul 200800131.0811.39$0
Jun 200800131.3313.03$0
May 200800123.1711.57$0
Apr 200800110.3110.45$0
Mar 200800101.909.66$0
Feb 20080092.538.77$0
Jan 20080090.388.21$0
Dec 20070088.337.30$0
Nov 20070091.677.29$0
Oct 20070082.856.92$0
Sep 20070075.846.24$0
Aug 20070069.066.39$0
Jul 20070070.906.39$0
Jun 20070062.007.55$0
May 20070058.747.85$0
Apr 20070059.617.81$0
Mar 20070056.927.30$0
Feb 20070055.108.22$0
Jan 20070050.306.73$0
Dec 20060056.656.92$0
Nov 20060054.207.62$0
Oct 20060054.906.01$0
Sep 20060060.085.04$0
Aug 20060068.717.34$0
Jul 20060069.376.34$0
Jun 20060066.286.38$0
May 20060066.016.42$0
Apr 20060064.397.36$0
Mar 20060056.707.08$0
Feb 20060057.597.75$0
Jan 20060060.598.93$0
Dec 20050054.9413.42$0
Nov 20050054.6910.59$0
Oct 200532058.3413.80$1,867
Sep 20050061.4512.08$0
Aug 20050061.519.80$0
Jul 20050055.697.84$0
Jun 20050052.337.38$0
May 20050045.226.65$0
Apr 20050049.207.36$0
Mar 200590050.377.15$4,533
Feb 20050045.226.31$0
Jan 20050043.166.32$0
Dec 20040039.866.75$0
Nov 20040045.286.33$0
Oct 20040049.706.52$0
Sep 20040043.245.28$0
Aug 20040042.375.55$0
Jul 20040038.286.08$0
Jun 20040036.106.43$0
May 20040037.486.49$0
Apr 20040034.475.86$0
Mar 20040034.365.53$0
Feb 20040032.455.51$0
Jan 20040032.036.30$0
Dec 20030030.266.30$0
Nov 20030028.804.60$0
Oct 20030028.174.76$0
Sep 20030026.314.75$0
Aug 20030029.765.13$0
Jul 20030029.415.17$0
Jun 20030028.565.98$0
May 20030026.595.97$0
Apr 20030026.675.41$0
Mar 20030031.146.10$0
Feb 20030033.487.93$0
Jan 20030030.315.58$0
Dec 20020026.914.85$0
Nov 20020024.664.14$0
Oct 20020026.464.23$0
Sep 20020027.443.64$0
Aug 20020025.963.16$0
Jul 200209224.583.06$282
Jun 20020523.733.34$17
May 200203024.663.58$108
Apr 20020123.653.51$4
Mar 20020322.003.10$9
Feb 2002171218.222.38$3,120
Jan 200204517.172.38$107
Dec 200117220616.932.36$3,399
Nov 200107318.072.41$176
Oct 20011821119.782.53$3,628
Sep 200101524.262.25$34
Aug 200109924.873.05$302
Jul 200116730123.933.20$4,959
Jun 200117017224.563.82$4,833
May 200103325.524.31$142
Apr 200104924.685.34$261
Mar 200117417424.545.38$5,205
Feb 2001010927.755.77$629
Jan 200134618227.478.40$11,033
Dec 2000023926.889.12$2,180
Nov 200036024832.215.66$12,999
Oct 200001431.235.15$72
Sep 20000031.875.19$0
Aug 20000029.644.54$0
Jul 200001028.534.09$41
Jun 200004129.304.40$180
May 200017440427.263.68$6,230
Apr 200017810024.513.12$4,674
Mar 2000024328.422.86$695
Feb 200017410927.622.73$5,103
Jan 200009725.272.48$241
Dec 19990024.282.42$0
Nov 199935419023.192.43$8,672
Oct 199934634520.982.80$8,226
Sep 199917169121.752.62$5,529
Aug 199916233919.262.88$4,095
Jul 199917139217.892.37$3,989
Jun 199917535215.942.36$3,621
May 199918430815.792.32$3,620
Apr 199916724215.102.21$3,056
Mar 199934833912.471.84$4,963
Feb 199901679.981.82$304
Jan 199919122110.381.90$2,402
Dec 19981763309.201.77$2,204
Nov 199818635110.892.19$2,793
Oct 199818536112.421.97$3,009
Sep 199836537812.592.08$5,383
Aug 199818136711.301.91$2,745
Jul 199817736611.742.24$2,897
Jun 199855234511.242.24$6,976
May 1998025312.622.21$558
Apr 199837117713.042.51$5,281
Mar 199817919312.802.31$2,737
Feb 1998016113.952.30$370
Jan 199834724314.702.15$5,625
Dec 199736923616.322.41$6,591
Nov 199719125018.193.09$4,246
Oct 199717626019.253.15$4,207
Sep 199717727017.742.95$3,938
Aug 199736819217.862.55$7,063
Jul 1997016617.582.25$373
Jun 199718417517.242.26$3,567
May 199734422018.972.31$7,034
Apr 199716922317.882.08$3,486
Mar 199718113618.951.94$3,694
Feb 199718313520.492.21$4,047
Jan 199718015123.483.54$4,761
Dec 199636916923.32$8,605
Nov 199617216121.97$3,779
Oct 1996010523.31$0
Sep 199619917222.22$4,422
Aug 199636519320.26$7,395
Jul 1996017319.55$0
Jun 199617919118.73$3,353
May 199631720919.43$6,159
Apr 199618617321.51$4,001
Mar 1996024219.38$0
Feb 199619019616.98$3,226
Jan 1996022517.07$0
Dec 199518732817.19$3,215
Nov 199517931316.00$2,864
Oct 199517738415.43$2,731
Sep 199537537616.18$6,068
Aug 199518138915.92$2,882
Jul 199534142815.24$5,197
Jun 199517137116.41$2,806
May 199536036017.56$6,322
Apr 199535339417.73$6,259
Mar 199536142616.44$5,935
Feb 199519326016.58$3,200
Jan 199517023615.92$2,706
Dec 199418522115.03$2,781
Nov 1994022515.90$0
Oct 199419316615.58$3,007
Sep 199418522215.29$2,829
Aug 199418325116.13$2,952
Jul 199416724617.56$2,933
Jun 199436722917.09$6,272
May 199419119915.88$3,033
Apr 199418619414.14$2,630
Mar 19941769412.46$2,193
Feb 19941766812.50$2,200
Jan 19943754112.66$4,748
Dec 19931835812.33$2,256
Nov 199318519314.49$2,681
Oct 199336513115.85$5,785
Sep 19931782715.03$2,675
Aug 1993346515.66$5,418
Jul 19931781015.46$2,752
Jun 1993184216.79$3,089
May 1993357117.68$6,312
Apr 1993184118.05$3,321
Mar 1993365118.14$6,621
Feb 1993168117.90$3,007
Jan 19933482316.93$5,892

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.

Oct 2005 — as filed, then multipliedworked
Oil                   32 bbl  × $ 58.34 =     $1,867
Casinghead gas         0 Mcf  × $ 13.80 =         $0

────────────────────────────────────────────────────
Month total                                   $1,867

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/31056 is the state's own key, not one this site invented.