WALTON A/C 118

Operated by SAXET OIL CORPORATION (P-5 749370) 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 3207District 08Field 49038001Hydrogen sulphide fieldOilCasinghead gasSaveExport
Value, all time
$6.5 M
Jan 1993 – May 2026
Value, last 12 filed months
$97 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
OilDisposition127,770 bbl$6,426,867
Casinghead gasProduction16,512 Mcf$39,990
Total$6,466,857

3,713 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 (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 31.8198, -103.1185. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.6 miles.

31.81976, -103.11763 · 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
42.9%
3 of 7 wells
With a plug date
14.3%
1 of 7 wells
Median depth
3,055 ft
4 wells filed one
Completion to plug
47.3 years
median over 1 well

What the state filed about each well

On the RRC proration schedule
342.9%
A plug date is filed
114.3%
BothOn the schedule and plugged. Neither fact cancels the other.
114.3%
NeitherNo plug date, and not on the schedule.
457.1%

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 3,000 and 3,150 ft, median 3,055 ft, over the 4 wells that filed a depth.

Completions filed
Jun 1936 – Jul 2014
4 of 7 wells; 3 filed none
Plug dates filed
Dec 2025
1 of 7 wells; 6 filed none

Last completion to plug: a median of 47.3 years across the 1 well that filed both dates, with the middle half between 47.3 years and 47.3 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

7 wells

42-4950235311Yes
42-495023479
42-495023677
42-49533562123,050 ftJul 2014
42-4950238523,000 ftNov 1988Yes
42-49502350103,060 ftSep 1978Dec 2025Yes
42-4950236963,150 ftJun 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 20261420106.413.05$15,110
Apr 202698098.932.87$9,695
Mar 202696089.753.15$8,616
Feb 2026142063.503.75$9,017
Jan 202650059.138.00$2,957
Dec 202598056.664.41$5,553
Nov 2025145058.593.93$8,496
Oct 202593059.383.30$5,522
Sep 2025139062.743.08$8,721
Aug 2025182063.933.01$11,635
Jul 202589066.743.32$5,940
Jun 202593066.483.13$6,183
May 2025137060.553.23$8,295
Apr 202589062.363.54$5,550
Mar 202598067.704.27$6,635
Feb 202590070.884.34$6,379
Jan 202545074.324.28$3,344
Dec 2024141068.993.12$9,728
Nov 202490069.052.20$6,215
Oct 2024190071.372.28$13,560
Sep 202498069.612.36$6,822
Aug 2024140075.632.06$10,588
Jul 2024398079.932.15$31,812
Jun 2024182078.082.63$14,211
May 2024180078.812.20$14,186
Apr 20240084.451.66$0
Mar 20240080.301.55$0
Feb 2024185076.091.78$14,077
Jan 20240073.023.30$0
Dec 2023181071.262.61$12,898
Nov 2023165077.892.81$12,852
Oct 20230085.443.09$0
Sep 2023166089.042.74$14,781
Aug 2023169080.522.67$13,608
Jul 20230074.852.64$0
Jun 2023180068.962.26$12,413
May 20230070.622.23$0
Apr 2023175078.122.24$13,671
Mar 20230072.852.39$0
Feb 20230075.112.47$0
Jan 2023167076.533.39$12,781
Dec 2022159076.415.73$12,149
Nov 20220085.005.65$0
Oct 2022169087.185.86$14,733
Sep 20220084.888.16$0
Aug 2022140094.529.13$13,233
Jul 20221660101.587.54$16,862
Jun 202200115.097.98$0
May 20221740109.378.43$19,030
Apr 202200104.226.84$0
Mar 20221550108.885.08$16,876
Feb 2022111091.054.86$10,107
Jan 20220081.844.54$0
Dec 2021167071.323.90$11,910
Nov 2021169077.435.24$13,086
Oct 2021167079.795.71$13,325
Sep 20210069.865.35$0
Aug 2021157066.024.22$10,365
Jul 2021166070.783.98$11,749
Jun 20210069.493.38$0
May 2021184063.483.02$11,680
Apr 20210060.362.76$0
Mar 2021288061.302.72$17,654
Feb 20210057.805.55$0
Jan 20210050.412.81$0
Dec 2020169044.642.68$7,544
Nov 2020324038.772.71$12,561
Oct 20200036.972.48$0
Sep 2020283037.091.99$10,496
Aug 20200039.982.39$0
Jul 2020178038.371.83$6,830
Jun 2020184034.901.69$6,422
May 20200016.921.81$0
Apr 2020178014.751.80$2,626
Mar 2020161030.341.86$4,885
Feb 202004449.881.98$87
Jan 2020170057.252.09$9,733
Dec 2019172059.012.30$10,150
Nov 20190055.302.75$0
Oct 2019325053.472.42$17,378
Sep 20190055.052.66$0
Aug 2019171053.112.30$9,082
Jul 2019168056.272.46$9,453
Jun 2019171052.782.49$9,025
May 2019178058.482.74$10,409
Apr 20190062.632.75$0
Mar 2019176056.803.06$9,997
Feb 20190050.852.79$0
Jan 2019176046.033.23$8,101
Dec 2018170046.594.19$7,920
Nov 2018179052.934.24$9,474
Oct 20180061.443.40$0
Sep 2018169059.543.11$10,062
Aug 2018179059.403.07$10,633
Jul 2018174065.142.93$11,334
Jun 2018175060.183.08$10,532
May 20180065.382.90$0
Apr 20180063.842.90$0
Mar 2018339061.222.79$20,754
Feb 20180061.782.77$0
Jan 2018164062.874.01$10,311
Dec 20170057.272.92$0
Nov 2017182055.423.12$10,086
Oct 20170049.292.98$0
Sep 2017326047.523.09$15,492
Aug 2017180045.373.00$8,167
Jul 2017160043.873.09$7,019
Jun 2017179042.493.09$7,606
May 20170045.373.26$0
Apr 2017181047.933.21$8,675
Mar 2017180046.772.98$8,419
Feb 20170050.452.95$0
Jan 2017182049.413.42$8,993
Dec 2016182048.763.72$8,874
Nov 2016186042.492.64$7,903
Oct 20160046.193.09$0
Sep 2016177041.553.10$7,354
Aug 2016179041.442.92$7,418
Jul 2016179041.622.92$7,450
Jun 20160045.352.69$0
May 2016171042.521.99$7,271
Apr 2016176036.561.99$6,435
Mar 2016178033.011.79$5,876
Feb 20160026.472.06$0
Jan 2016169027.352.36$4,622
Dec 2015177032.362.00$5,728
Nov 2015182038.792.17$7,060
Oct 2015169043.552.43$7,360
Sep 2015168042.992.76$7,222
Aug 2015167040.162.87$6,707
Jul 2015168048.152.95$8,089
Jun 2015240056.152.88$13,476
May 20151,3501,42355.212.96$78,739
Apr 20151,1831,40449.822.71$62,737
Mar 20151,3531,59642.892.93$62,714
Feb 20151,1281,45444.662.98$54,704
Jan 20151,5341,82043.433.10$72,265
Dec 20142,0642,06454.693.59$120,293
Nov 201489874570.464.25$66,441
Oct 20141,53946078.303.90$122,298
Sep 20141,352086.164.05$116,488
Aug 20141,661089.394.04$148,477
Jul 2014505096.564.18$48,763
Jun 2014166098.164.74$16,295
May 2014360094.734.73$34,103
Apr 2014337095.944.81$32,332
Mar 2014340095.895.06$32,603
Feb 2014186097.406.19$18,116
Jan 2014360090.404.86$32,544
Dec 2013180091.824.35$16,528
Nov 2013361088.853.74$32,075
Oct 2013358097.423.78$34,876
Sep 20133440104.113.72$35,814
Aug 20133190104.253.52$33,256
Jul 20133420102.523.72$35,062
Jun 2013345094.403.93$32,568
May 2013351094.834.15$33,285
Apr 2013172093.964.28$16,161
Mar 2013175093.623.91$16,384
Feb 2013335091.233.42$30,562
Jan 201334010791.603.42$31,510
Dec 2012516086.773.42$44,773
Nov 2012176086.953.62$15,303
Oct 2012518089.383.40$46,299
Sep 2012348094.672.92$32,945
Aug 2012624192.662.91$57,823
Jul 2012339085.133.02$28,859
Jun 2012529179.822.52$42,227
May 2012348191.612.49$31,883
Apr 20125241101.652.00$53,267
Mar 20123511105.052.22$36,875
Feb 20123561101.102.57$35,994
Jan 2012537198.092.73$52,677
Dec 2011524196.873.24$50,763
Nov 2011526195.723.31$50,352
Oct 2011510184.983.65$43,343
Sep 2011342183.623.99$28,602
Aug 2011539183.404.15$44,957
Jul 2011240094.144.52$22,594
Jun 2011516192.904.64$47,941
May 2011340198.134.40$33,369
Apr 20113411105.964.33$36,137
Mar 2011348196.364.06$33,537
Feb 2011344185.644.18$29,464
Jan 2011339186.504.59$29,328
Dec 2010346185.734.35$29,667
Nov 2010512180.843.80$41,394
Oct 2010345178.103.51$26,948
Sep 2010512172.633.98$37,191
Aug 2010350173.684.42$25,792
Jul 2010342172.554.74$24,817
Jun 2010336170.364.91$23,646
May 2010506171.124.24$35,991
Apr 2010342181.694.12$27,942
Mar 2010336178.394.39$26,343
Feb 2010340173.585.44$25,023
Jan 2010505174.365.96$37,558
Dec 2009338171.445.48$24,152
Nov 2009332174.593.75$24,768
Oct 2009485172.544.11$35,186
Sep 2009339165.543.06$22,221
Aug 2009492167.423.22$33,174
Jul 2009322161.133.46$19,687
Jun 2009337166.163.90$22,300
May 2009338154.743.93$18,506
Apr 2009510146.773.59$23,856
Mar 2009524142.144.06$22,085
Feb 2009168132.814.63$5,517
Jan 2009345135.865.37$12,377
Dec 2008512137.105.98$19,001
Nov 2008515155.496.86$28,584
Oct 2008347175.246.92$26,115
Sep 20083411101.767.88$34,708
Aug 20085041114.228.48$57,575
Jul 20083491131.0811.39$45,758
Jun 20083371131.3313.03$44,271
May 20083461123.1711.57$42,628
Apr 20085081110.3110.45$56,048
Mar 20083441101.909.66$35,063
Feb 2008512192.538.77$47,384
Jan 2008345190.388.21$31,189
Dec 2007340188.337.30$30,040
Nov 2007507191.677.29$46,484
Oct 2007352182.856.92$29,170
Sep 2007517175.846.24$39,216
Aug 2007341169.066.39$23,556
Jul 2007344170.906.39$24,396
Jun 2007517162.007.55$32,062
May 2007344158.747.85$20,214
Apr 2007340159.617.81$20,275
Mar 2007513156.927.30$29,207
Feb 2007350155.108.22$19,293
Jan 2007341150.306.73$17,159
Dec 2006520156.656.92$29,465
Nov 2006349154.207.62$18,923
Oct 2006520154.906.01$28,554
Sep 2006347160.085.04$20,853
Aug 2006346168.717.34$23,781
Jul 2006333169.376.34$23,107
Jun 2006344166.286.38$22,807
May 2006345166.016.42$22,780
Apr 2006345164.397.36$22,222
Mar 2006506156.707.08$28,697
Feb 2006169157.597.75$9,740
Jan 2006350160.598.93$21,215
Dec 2005341154.9413.42$18,748
Nov 2005505154.6910.59$27,629
Oct 2005333158.3413.80$19,441
Sep 2005494161.4512.08$30,368
Aug 2005332161.519.80$20,431
Jul 2005336155.697.84$18,720
Jun 2005329152.337.38$17,224
May 2005340145.226.65$15,381
Apr 2005504149.207.36$24,804
Mar 2005499150.377.15$25,142
Feb 2005317145.226.31$14,341
Jan 2005337143.166.32$14,551
Dec 2004497139.866.75$19,817
Nov 2004502145.286.33$22,737
Oct 2004168149.706.52$8,356
Sep 2004526143.245.28$22,750
Aug 2004353142.375.55$14,962
Jul 2004519138.286.08$19,873
Jun 2004354136.106.43$12,786
May 2004353137.486.49$13,237
Apr 2004349134.475.86$12,036
Mar 2004524134.365.53$18,010
Feb 2004351132.455.51$11,395
Jan 2004542132.036.30$17,367
Dec 2003360130.266.30$10,900
Nov 2003362128.804.60$10,430
Oct 2003347128.174.76$9,780
Sep 2003541126.314.75$14,238
Aug 2003341129.765.13$10,153
Jul 2003178129.415.17$5,240
Jun 2003180128.565.98$5,147
May 2003353126.595.97$9,392
Apr 2003356126.675.41$9,500
Mar 2003347131.146.10$10,812
Feb 2003535133.487.93$17,920
Jan 2003353130.315.58$10,705
Dec 2002360126.914.85$9,692
Nov 2002352124.664.14$8,684
Oct 2002355126.464.23$9,398
Sep 2002181127.443.64$4,970
Aug 2002514125.963.16$13,347
Jul 2002174124.583.06$4,280
Jun 2002353123.733.34$8,380
May 2002340124.663.58$8,388
Apr 2002338123.653.51$7,997
Mar 2002332122.003.10$7,307
Feb 2002365118.222.38$6,653
Jan 2002361117.172.38$6,201
Dec 2001354116.932.36$5,996
Nov 2001348118.072.41$6,291
Oct 2001368119.782.53$7,282
Sep 2001348124.262.25$8,445
Aug 2001354124.873.05$8,807
Jul 2001355123.933.20$8,498
Jun 2001354124.563.82$8,698
May 2001356125.524.31$9,089
Apr 2001358124.685.34$8,841
Mar 2001351124.545.38$8,619
Feb 2001358127.755.77$9,940
Jan 2001365127.478.40$10,035
Dec 2000349126.889.12$9,390
Nov 2000343132.215.66$11,054
Oct 2000363131.235.15$11,342
Sep 2000360131.875.19$11,478
Aug 2000361129.644.54$10,705
Jul 2000349128.534.09$9,961
Jun 2000343129.304.40$10,054
May 2000355127.263.68$9,681
Apr 2000360124.513.12$8,827
Mar 2000349128.422.86$9,921
Feb 2000359127.622.73$9,918
Jan 2000361125.272.48$9,125
Dec 1999360124.282.42$8,743
Nov 1999360123.192.43$8,351
Oct 1999357120.982.80$7,493
Sep 1999359121.752.62$7,811
Aug 1999359119.262.88$6,917
Jul 1999353217.892.37$6,320
Jun 1999355115.942.36$5,661
May 1999349115.792.32$5,513
Apr 1999356315.102.21$5,382
Mar 19993635612.471.84$4,630
Feb 199918019.981.82$1,798
Jan 1999359110.381.90$3,728
Dec 199836119.201.77$3,323
Nov 1998182110.892.19$1,984
Oct 1998360112.421.97$4,473
Sep 1998355112.592.08$4,472
Aug 19983525211.301.91$4,077
Jul 19983585911.742.24$4,335
Jun 19983506211.242.24$4,073
May 19985286312.622.21$6,802
Apr 1998176113.042.51$2,298
Mar 19983594312.802.31$4,695
Feb 19983449713.952.30$5,022
Jan 19983389314.702.15$5,169
Dec 19973627016.322.41$6,077
Nov 19973657218.193.09$6,862
Oct 19971789219.253.15$3,716
Sep 19973559917.742.95$6,590
Aug 19971756417.862.55$3,289
Jul 19975308417.582.25$9,506
Jun 19971819617.242.26$3,337
May 19975418118.972.31$10,450
Apr 19971806817.882.08$3,360
Mar 19975289818.951.94$10,196
Feb 199734711420.492.21$7,362
Jan 19973525023.483.54$8,442
Dec 19963565723.32$8,302
Nov 19961846421.97$4,042
Oct 19965414323.31$12,611
Sep 19963653122.22$8,110
Aug 19963587420.26$7,253
Jul 19963579819.55$6,979
Jun 199635711518.73$6,687
May 199635310819.43$6,859
Apr 199636010321.51$7,744
Mar 199635314419.38$6,841
Feb 19963569716.98$6,045
Jan 19963598317.07$6,128
Dec 199536411917.19$6,257
Nov 199535714416.00$5,712
Oct 19953597415.43$5,539
Sep 19953507416.18$5,663
Aug 199553315215.92$8,485
Jul 199534113615.24$5,197
Jun 199535711616.41$5,858
May 199535411517.56$6,216
Apr 199535617417.73$6,312
Mar 199536513016.44$6,001
Feb 19953555216.58$5,886
Jan 19955365015.92$8,533
Dec 19943612715.03$5,426
Nov 19943635415.90$5,772
Oct 19943499015.58$5,437
Sep 19943576615.29$5,459
Aug 19945326916.13$8,581
Jul 19943586317.56$6,286
Jun 19943537417.09$6,033
May 19943556715.88$5,637
Apr 19945357014.14$7,565
Mar 19945337012.46$6,641
Feb 19943555012.50$4,438
Jan 19943623712.66$4,583
Dec 19935444812.33$6,708
Nov 19933605714.49$5,216
Oct 19935345315.85$8,464
Sep 19935235615.03$7,861
Aug 19933546615.66$5,544
Jul 19935356715.46$8,271
Jun 19933576316.79$5,994
May 19935405817.68$9,547
Apr 19933524018.05$6,354
Mar 19935442518.14$9,868
Feb 19933563217.90$6,372
Jan 19935305816.93$8,973

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                  142 bbl  × $106.41 =    $15,110
Casinghead gas         0 Mcf  × $  3.05 =         $0

────────────────────────────────────────────────────
Month total                                  $15,110

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/3207 is the state's own key, not one this site invented.