WALTON, J. B.

Operated by STOUT ENERGY INC. (P-5 824192) 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 3174District 08Field 49038001Hydrogen sulphide fieldNGPA filingOilCasinghead gasSaveExport
Value, all time
$3.6 M
Jan 1993 – May 2026
Value, last 12 filed months
$101 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.

Severance-tax incentive filings

Applications the operator filed to have this lease's gas taxed at a reduced state rate. A filing is an application, and this page never calls one a reduction that was granted.

ProgrammeFilingsWith an approval dateDatedDocket
NGPA3none

This says nothing about a royalty. A severance tax is charged to the operator. Whether a reduced rate reaches a royalty owner depends on the wording of the lease instrument, which is a private contract this site does not hold.

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
OilDisposition68,699 bbl$3,210,632
Casinghead gasProduction127,455 Mcf$406,925
Total$3,617,557

45,084 Mcf of this lease's gas, across 46 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 (7)

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 31.8225, -103.1085. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.5 miles.

31.82240, -103.10839 · 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
71.4%
5 of 7 wells
With a plug date
57.1%
4 of 7 wells
Median depth
3,185 ft
7 wells filed one
Completion to plug
21.3 years
median over 3 wells

What the state filed about each well

On the RRC proration schedule
571.4%
A plug date is filed
457.1%
BothOn the schedule and plugged. Neither fact cancels the other.
457.1%
NeitherNo plug date, and not on the schedule.
228.6%

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 2,800 and 3,200 ft, median 3,185 ft, over the 7 wells that filed a depth.

Completions filed
Feb 1936 – Oct 1996
6 of 7 wells; 1 filed none
Plug dates filed
May 1987 – Nov 2014
4 of 7 wells; 3 filed none

Last completion to plug: a median of 21.3 years across the 3 wells that filed both dates, with the middle half between 19.8 years and 21.8 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

7 wells

42-495000631A2,800 ftMay 2014Yes
42-4950006633,164 ftOct 1996Nov 2014Yes
42-4951085273,192 ftJun 1967
42-495107026W3,200 ftJan 1966May 1987Yes
42-495104595W3,200 ftMar 1965May 1987Yes
42-4950006743,185 ftJun 1962Yes
42-4950006523,066 ftFeb 1936

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 202600106.413.05$0
Apr 2026189098.932.87$18,698
Mar 2026185089.753.15$16,604
Feb 20260063.503.75$0
Jan 2026193059.138.00$11,412
Dec 2025176056.664.41$9,972
Nov 20250058.593.93$0
Oct 2025175059.383.30$10,392
Sep 2025179062.743.08$11,230
Aug 20250063.933.01$0
Jul 2025167066.743.32$11,146
Jun 2025178066.483.13$11,833
May 20250060.553.23$0
Apr 2025159062.363.54$9,915
Mar 2025165067.704.27$11,171
Feb 2025185070.884.34$13,113
Jan 20250074.324.28$0
Dec 2024170068.993.12$11,728
Nov 20240069.052.20$0
Oct 2024178071.372.28$12,704
Sep 2024171069.612.36$11,903
Aug 2024185075.632.06$13,992
Jul 20240079.932.15$0
Jun 2024168078.082.63$13,117
May 2024163078.812.20$12,846
Apr 20240084.451.66$0
Mar 2024171080.301.55$13,731
Feb 2024175076.091.78$13,316
Jan 2024180073.023.30$13,144
Dec 2023177071.262.61$12,613
Nov 2023166077.892.81$12,930
Oct 20230085.443.09$0
Sep 2023172089.042.74$15,315
Aug 2023166080.522.67$13,366
Jul 2023169074.852.64$12,650
Jun 20230068.962.26$0
May 2023183070.622.23$12,923
Apr 2023163078.122.24$12,734
Mar 2023172072.852.39$12,530
Feb 2023167075.112.47$12,543
Jan 2023170076.533.39$13,010
Dec 2022161076.415.73$12,302
Nov 20220085.005.65$0
Oct 2022163087.185.86$14,210
Sep 2022165084.888.16$14,005
Aug 2022162094.529.13$15,312
Jul 20221640101.587.54$16,659
Jun 20221790115.097.98$20,601
May 202200109.378.43$0
Apr 20221670104.226.84$17,405
Mar 20221640108.885.08$17,856
Feb 2022162091.054.86$14,750
Jan 2022171081.844.54$13,995
Dec 20210071.323.90$0
Nov 2021168077.435.24$13,008
Oct 2021166079.795.71$13,245
Sep 2021166069.865.35$11,597
Aug 2021165066.024.22$10,893
Jul 2021165070.783.98$11,679
Jun 2021167069.493.38$11,605
May 2021168063.483.02$10,665
Apr 2021168060.362.76$10,140
Mar 2021171061.302.72$10,482
Feb 2021178057.805.55$10,288
Jan 2021187050.412.81$9,427
Dec 2020171044.642.68$7,633
Nov 2020164038.772.71$6,358
Oct 2020185036.972.48$6,839
Sep 2020126037.091.99$4,673
Aug 2020307039.982.39$12,274
Jul 2020163038.371.83$6,254
Jun 20200034.901.69$0
May 20200016.921.81$0
Apr 2020179014.751.80$2,640
Mar 2020177030.341.86$5,370
Feb 2020182049.881.98$9,078
Jan 2020178057.252.09$10,191
Dec 2019182059.012.30$10,740
Nov 2019177055.302.75$9,788
Oct 2019174053.472.42$9,304
Sep 2019179055.052.66$9,854
Aug 20190053.112.30$0
Jul 2019353056.272.46$19,863
Jun 2019182052.782.49$9,606
May 2019178058.482.74$10,409
Apr 2019179062.632.75$11,211
Mar 2019346056.803.06$19,653
Feb 2019171050.852.79$8,695
Jan 2019176046.033.23$8,101
Dec 20180046.594.19$0
Nov 2018351052.934.24$18,578
Oct 2018173061.443.40$10,629
Sep 2018175059.543.11$10,420
Aug 2018175059.403.07$10,395
Jul 2018356065.142.93$23,190
Jun 20180060.183.08$0
May 2018268065.382.90$17,522
Apr 2018342063.842.90$21,833
Mar 2018175061.222.79$10,714
Feb 2018170061.782.77$10,503
Jan 2018348062.874.01$21,879
Dec 2017175057.272.92$10,022
Nov 2017182055.423.12$10,086
Oct 2017178049.292.98$8,774
Sep 2017176047.523.09$8,364
Aug 2017185045.373.00$8,393
Jul 2017169043.873.09$7,414
Jun 2017176042.493.09$7,478
May 2017175045.373.26$7,940
Apr 2017183047.933.21$8,771
Mar 2017170046.772.98$7,951
Feb 2017183050.452.95$9,232
Jan 2017177049.413.42$8,746
Dec 2016183048.763.72$8,923
Nov 2016190042.492.64$8,073
Oct 2016182046.193.09$8,407
Sep 2016375041.553.10$15,581
Aug 2016196041.442.92$8,122
Jul 20160041.622.92$0
Jun 2016342045.352.69$15,510
May 2016172042.521.99$7,313
Apr 2016171036.561.99$6,252
Mar 2016351033.011.79$11,587
Feb 2016111026.472.06$2,938
Jan 2016301027.352.36$8,232
Dec 2015365032.362.00$11,811
Nov 2015358038.792.17$13,887
Oct 2015473043.552.43$20,599
Sep 2015337042.992.76$14,488
Aug 2015489040.162.87$19,638
Jul 2015323048.152.95$15,552
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 201405254.693.59$187
Nov 20140070.464.25$0
Oct 201402478.303.90$94
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 201401295.895.06$61
Feb 2014129797.406.19$12,608
Jan 201403590.404.86$170
Dec 20131206491.824.35$11,297
Nov 201305888.853.74$217
Oct 201303897.423.78$144
Sep 2013056104.113.72$208
Aug 201312636104.253.52$13,262
Jul 201315262102.523.72$15,814
Jun 2013012094.403.93$472
May 2013012494.834.15$514
Apr 2013012393.964.28$527
Mar 201318014693.623.91$17,423
Feb 2013012191.233.42$414
Jan 201334415691.603.42$32,044
Dec 2012026786.773.42$913
Nov 201216821686.953.62$15,391
Oct 201232216589.383.40$29,341
Sep 201216614994.672.92$16,150
Aug 2012017392.662.91$503
Jul 201216721385.133.02$14,860
Jun 201216013779.822.52$13,116
May 2012014291.612.49$353
Apr 20120109101.652.00$218
Mar 2012069105.052.22$153
Feb 201212980101.102.57$13,248
Jan 201217412498.092.73$17,407
Dec 201103796.873.24$120
Nov 201114715495.723.31$14,581
Oct 201131114684.983.65$26,961
Sep 20111629583.623.99$13,925
Aug 2011017583.404.15$726
Jul 201133219894.144.52$32,149
Jun 2011022792.904.64$1,053
May 2011020398.134.40$894
Apr 2011161228105.964.33$18,048
Mar 201116729696.364.06$17,293
Feb 201116424185.644.18$15,052
Jan 2011020386.504.59$932
Dec 201015830685.734.35$14,876
Nov 201016729780.843.80$14,627
Oct 2010034078.103.51$1,193
Sep 201016831572.633.98$13,455
Aug 201016529273.684.42$13,448
Jul 201016529772.554.74$13,377
Jun 2010025270.364.91$1,237
May 201016641971.124.24$13,580
Apr 201016633581.694.12$14,942
Mar 201016841678.394.39$14,995
Feb 201016746773.585.44$14,829
Jan 201016840774.365.96$14,920
Dec 200933542071.445.48$26,236
Nov 2009048274.593.75$1,808
Oct 200933552172.544.11$26,442
Sep 200917049465.543.06$12,656
Aug 20091664967.423.22$11,349
Jul 200916527861.133.46$11,050
Jun 200932944366.163.90$23,492
May 200916549654.743.93$10,979
Apr 200916447146.773.59$9,360
Mar 200916849542.144.06$9,089
Feb 200916645232.814.63$7,541
Jan 200936947335.865.37$15,773
Dec 2008045937.105.98$2,744
Nov 200818048455.496.86$13,309
Oct 200835253675.246.92$30,195
Sep 20080270101.767.88$2,127
Aug 2008348524114.228.48$44,194
Jul 2008169561131.0811.39$28,542
Jun 2008348550131.3313.03$52,871
May 2008168292123.1711.57$24,072
Apr 2008181384110.3110.45$23,981
Mar 2008359244101.909.66$38,940
Feb 2008011092.538.77$965
Jan 200817014190.388.21$16,522
Dec 200750231188.337.30$46,613
Nov 200716531891.677.29$17,444
Oct 200716444182.856.92$16,640
Sep 200717325775.846.24$14,725
Aug 200734130469.066.39$25,491
Jul 200717833970.906.39$14,786
Jun 200718732462.007.55$14,040
May 200718340358.747.85$13,911
Apr 200734733059.617.81$23,260
Mar 200717062956.927.30$14,269
Feb 20071657855.108.22$9,732
Jan 20071663750.306.73$8,599
Dec 200616831656.656.92$11,703
Nov 200616069754.207.62$13,981
Oct 200616836054.906.01$11,388
Sep 200616729960.085.04$11,539
Aug 2006053168.717.34$3,898
Jul 200616850269.376.34$14,838
Jun 200616675066.286.38$15,790
May 200633844866.016.42$25,190
Apr 200617047464.397.36$14,435
Mar 200617148256.707.08$13,110
Feb 200616941257.597.75$12,926
Jan 200617138060.598.93$13,756
Dec 200516941154.9413.42$14,799
Nov 200533224454.6910.59$20,741
Oct 200516437558.3413.80$14,741
Sep 200516915261.4512.08$12,221
Aug 20051684761.519.80$10,794
Jul 200516316955.697.84$10,403
Jun 200517428152.337.38$11,179
May 200517723445.226.65$9,560
Apr 200516843649.207.36$11,475
Mar 200517671150.377.15$13,952
Feb 200535561545.226.31$19,935
Jan 200517677343.166.32$12,483
Dec 200434376839.866.75$18,857
Nov 2004031345.286.33$1,981
Oct 200415536349.706.52$10,068
Sep 200417830043.245.28$9,282
Aug 200417543742.375.55$9,840
Jul 2004081038.286.08$4,928
Jun 2004095036.106.43$6,111
May 200413796437.486.49$11,396
Apr 2004172034.475.86$5,929
Mar 200408634.365.53$476
Feb 20041749132.455.51$6,148
Jan 20041627532.036.30$5,661
Dec 20031407630.266.30$4,715
Nov 20031726428.804.60$5,248
Oct 20031739128.174.76$5,307
Sep 20031727626.314.75$4,886
Aug 20031758129.765.13$5,624
Jul 200317556229.415.17$8,053
Jun 200316453928.565.98$7,909
May 200315971426.595.97$8,492
Apr 200317663226.675.41$8,111
Mar 200317855931.146.10$8,951
Feb 200317644133.487.93$9,388
Jan 20031788030.315.58$5,842
Dec 200217615426.914.85$5,484
Nov 20021753424.664.14$4,456
Oct 20021746126.464.23$4,862
Sep 20021803327.443.64$5,059
Aug 200209625.963.16$304
Jul 200217545724.583.06$5,701
Jun 200217440423.733.34$5,478
May 200216786724.663.58$7,226
Apr 200217476823.653.51$6,813
Mar 2002084722.003.10$2,628
Feb 200217677618.222.38$5,050
Jan 200217573017.172.38$4,739
Dec 200117576716.932.36$4,776
Nov 200117193818.072.41$5,346
Oct 200117578519.782.53$5,447
Sep 200117395724.262.25$6,351
Aug 200101,02424.873.05$3,126
Jul 20011681,09323.933.20$7,515
Jun 200101,08524.563.82$4,149
May 20011701,21325.524.31$9,563
Apr 20011711,11124.685.34$10,148
Mar 200116967924.545.38$7,798
Feb 200117995027.755.77$10,446
Jan 20011781,14327.478.40$14,489
Dec 200017779326.889.12$11,992
Nov 200015778432.215.66$9,493
Oct 20001661,01231.235.15$10,391
Sep 20003361,40831.875.19$18,011
Aug 20001711,43229.644.54$11,571
Jul 2000084628.534.09$3,460
Jun 20003591,07629.304.40$15,250
May 20001831,44127.263.68$10,291
Apr 20001801,40724.513.12$8,796
Mar 20001661,68228.422.86$9,528
Feb 200016350027.622.73$5,865
Jan 200034384025.272.48$10,751
Dec 199916887324.282.42$6,195
Nov 199917281023.192.43$5,960
Oct 199933783720.982.80$9,417
Sep 199917581021.752.62$5,928
Aug 199932983719.262.88$8,743
Jul 199974017.892.37$1,324
Jun 19990015.942.36$0
May 19990015.792.32$0
Apr 199902215.102.21$49
Mar 199916515112.471.84$2,335
Feb 199901249.981.82$225
Jan 199917211310.381.90$2,000
Dec 199801079.201.77$190
Nov 1998019810.892.19$433
Oct 1998025012.421.97$492
Sep 199817234012.592.08$2,874
Aug 1998044011.301.91$839
Jul 1998043011.742.24$962
Jun 199817168111.242.24$3,446
May 19981701,18812.622.21$4,767
Apr 199817525613.042.51$2,923
Mar 1998171012.802.31$2,189
Feb 199819031913.952.30$3,384
Jan 199818745114.702.15$3,721
Dec 1997035316.322.41$851
Nov 199718817818.193.09$3,969
Oct 199718928219.253.15$4,527
Sep 199719013317.742.95$3,764
Aug 1997166017.862.55$2,965
Jul 1997187017.582.25$3,287
Jun 1997177017.242.26$3,051
May 1997179018.972.31$3,396
Apr 1997346017.882.08$6,186
Mar 1997173018.951.94$3,278
Feb 19970020.492.21$0
Jan 1997330023.483.54$7,748
Dec 1996166023.32$3,871
Nov 1996164021.97$3,603
Oct 199633972923.31$7,902
Sep 199601,90422.22$0
Aug 19963501,00620.26$7,091
Jul 199635190919.55$6,862
Jun 199617770418.73$3,315
May 199617473919.43$3,381
Apr 199618357621.51$3,936
Mar 199617967319.38$3,469
Feb 199636163516.98$6,130
Jan 199635683117.07$6,077
Dec 199518085417.19$3,094
Nov 199538984116.00$6,224
Oct 199535316315.43$5,447
Sep 199518199216.18$2,929
Aug 199537355115.92$5,938
Jul 19953551,02515.24$5,410
Jun 199517796816.41$2,905
May 19953411,00117.56$5,988
Apr 199535080317.73$6,206
Mar 199518596916.44$3,041
Feb 199535885116.58$5,936
Jan 199534484415.92$5,476
Dec 19943411,06115.03$5,125
Nov 199417894015.90$2,830
Oct 199434499515.58$5,360
Sep 199436299515.29$5,535
Aug 19943481,01216.13$5,613
Jul 199434497517.56$6,041
Jun 199433199717.09$5,657
May 19943441,06715.88$5,463
Apr 19943451,15614.14$4,878
Mar 19943431,15612.46$4,274
Feb 199417387012.50$2,163
Jan 19943341,09412.66$4,228
Dec 19935271,08512.33$6,498
Nov 19933471,15614.49$5,028
Oct 19933541,23515.85$5,611
Sep 19933511,28715.03$5,276
Aug 19933451,40715.66$5,403
Jul 19933441,18015.46$5,318
Jun 19931711,07416.79$2,871
May 19935131,03717.68$9,070
Apr 19931731,02818.05$3,123
Mar 19935131,16318.14$9,306
Feb 19933371,14717.90$6,032
Jan 19933401,39916.93$5,756

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 2026 — as filed, then multipliedworked
Oil                  189 bbl  × $ 98.93 =    $18,698
Casinghead gas         0 Mcf  × $  2.87 =         $0

────────────────────────────────────────────────────
Month total                                  $18,698

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/3174 is the state's own key, not one this site invented.