STATE WALTON -E-

Operated by FORMENTERA OPERATIONS LLC (P-5 276959) in the KERMIT (ELLENBURGER) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 3264District 08Field 49038071Hydrogen sulphide fieldNGPA filingOilCasinghead gasSaveExport
Value, all time
$41.9 M
Jan 1993 – May 2026
Value, last 12 filed months
$1.0 M
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 41 leases and 63 wells, and the rule below applies to all of them.

Discovered
1943-04-25
as the register files it
Field class
Oil and gas
the register's own label
Between wells
1,150 ft
minimum
From a lease line
660 ft
minimum

A drilling unit in this field needs at least 80 acres. The field rule took effect on 1957-02-04.

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: BASE ACREAGE 80

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
NGPA2none

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
OilDisposition331,822 bbl$15,518,645
Casinghead gasProduction6,878,083 Mcf$26,401,755
Total$41,920,400

739,232 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 (11)

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 31.9128, -103.1063. A lease has no coordinate of its own — that point is the mean of its wells, and they span 1.6 miles. 3 wells have no surveyed location and are left out of it.

31.91360, -103.10657 · centre of 8 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
81.8%
9 of 11 wells
With a plug date
9.1%
1 of 11 wells
Median depth
10,677 ft
8 wells filed one
Completion to plug
15.6 years
median over 1 well

What the state filed about each well

On the RRC proration schedule
981.8%
A plug date is filed
19.1%
BothOn the schedule and plugged. Neither fact cancels the other.
19.1%
NeitherNo plug date, and not on the schedule.
218.2%

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

Total depth in feet, 8 of 11 wells. Median 10,677 ft, with the middle half between 10,649 and 10,690 ft; the shallowest is 10,640 ft and the deepest 10,690 ft. The median is published rather than the mean, because a single mis-keyed depth moves a mean and cannot move a median.

When they were last completed

Last completion by decade, 8 of 11 wells, Feb 1956 – Apr 2004. This is the LAST completion filed on each wellbore, not the first — a well recompleted in 2019 counts once, in the 2010s.

Completions filed
Feb 1956 – Apr 2004
8 of 11 wells; 3 filed none
Plug dates filed
Sep 1971
1 of 11 wells; 10 filed none

Last completion to plug: a median of 15.6 years across the 1 well that filed both dates, with the middle half between 15.6 years and 15.6 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

11 wells

42-4958057620Yes
42-4958057721Yes
42-4958057928 A10,690 ftYes
42-495320763410,645 ftApr 2004Yes
42-49502925110,640 ftJul 2001Yes
42-495029232510,690 ftJul 1987
42-495031772710,684 ftApr 1987Yes
42-4950290030 LOct 1970
42-4950488832 L10,650 ftMay 1961Yes
42-4950290131 L10,670 ftMar 1961Yes
42-495029242610,690 ftFeb 1956Sep 1971Yes

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 20261690106.413.05$17,983
Apr 20268366,09998.932.87$100,208
Mar 20261,2866,66989.753.15$136,422
Feb 202675787963.503.75$51,366
Jan 20261,1874,22459.138.00$103,971
Dec 20251,1807,97856.664.41$102,069
Nov 20251,1856,34858.593.93$94,354
Oct 20251,1818,59259.383.30$98,523
Sep 20251,0073,77562.743.08$74,795
Aug 20258442,60763.933.01$61,816
Jul 20256705,61066.743.32$63,314
Jun 20251,1788,22466.483.13$104,044
May 20251,1749,62660.553.23$102,200
Apr 20251,01396062.363.54$66,572
Mar 20251,348067.704.27$91,260
Feb 20251,013070.884.34$71,801
Jan 20258458,95874.324.28$101,129
Dec 20241,0109,55468.993.12$99,501
Nov 20241,00511,62769.052.20$94,957
Oct 20241,22213,67371.372.28$118,408
Sep 20246739,22869.612.36$68,666
Aug 20241,00212,37675.632.06$101,321
Jul 20249927,87079.932.15$96,184
Jun 20241,165078.082.63$90,963
May 202485511,19478.812.20$91,992
Apr 2024938084.451.66$79,214
Mar 20247629,58480.301.55$75,997
Feb 20248891,93576.091.78$71,095
Jan 20241,0676,83273.023.30$100,442
Dec 20231,02113,49371.262.61$107,983
Nov 20231,0184,87577.892.81$92,979
Oct 20231,0467,85885.443.09$113,630
Sep 202368113,50089.042.74$97,559
Aug 202369612,13780.522.67$88,483
Jul 202385612,63974.852.64$97,461
Jun 20231,03511,08268.962.26$96,402
May 202368512,91970.622.23$77,150
Apr 202384015,88278.122.24$101,161
Mar 20238576,79872.852.39$78,701
Feb 20233366,52075.112.47$41,313
Jan 20231,0219,77976.533.39$111,266
Dec 20221,00914,58676.415.73$160,662
Nov 20221,00611,04985.005.65$147,895
Oct 20221,1708,84987.185.86$153,889
Sep 202267716,38984.888.16$191,258
Aug 202267213,60694.529.13$187,702
Jul 20221,32917,467101.587.54$266,737
Jun 202232913,572115.097.98$146,131
May 202298020,999109.378.43$284,268
Apr 202249410,078104.226.84$120,394
Mar 20221,33216,432108.885.08$228,444
Feb 202282317,19691.054.86$158,487
Jan 202282317,19681.844.54$145,384
Dec 20211,17917,38571.323.90$151,872
Nov 20210077.435.24$0
Oct 20211,00912,31279.795.71$150,857
Sep 20211,15817,77069.865.35$175,984
Aug 202197318,16866.024.22$140,917
Jul 202198618,16870.783.98$142,136
Jun 20211,182069.493.38$82,137
May 202182517,94563.483.02$106,523
Apr 20211,00317,70160.362.76$109,368
Mar 202199418,97761.302.72$112,492
Feb 20211,17014,61657.805.55$148,715
Jan 20211,00117,55650.412.81$99,798
Dec 202083112,65944.642.68$70,964
Nov 20201,169038.772.71$45,322
Oct 20206665,73736.972.48$38,841
Sep 20201,00119,72737.091.99$76,404
Aug 20201,00317,00039.982.39$80,647
Jul 20201,17019,76538.371.83$80,966
Jun 202084319,30834.901.69$62,057
May 20201,14119,74316.921.81$55,134
Apr 20201,35618,94114.751.80$54,178
Mar 202099219,35330.341.86$66,021
Feb 202099618,37649.881.98$86,077
Jan 20201,19318,63157.252.09$107,326
Dec 201999718,78559.012.30$102,120
Nov 20191,00519,86455.302.75$110,216
Oct 201966817,25653.472.42$77,452
Sep 20191,32913,19355.052.66$108,219
Aug 20191,01520,99753.112.30$102,291
Jul 201950113,90556.272.46$62,398
Jun 201968410,29752.782.49$61,753
May 201983718,50658.482.74$99,660
Apr 20191,17018,16762.632.75$123,249
Mar 201982614,50256.803.06$91,323
Feb 201967713,97150.852.79$73,436
Jan 20191,01815,76646.033.23$97,754
Dec 201850915,84246.594.19$90,020
Nov 201883714,47852.934.24$105,649
Oct 201867817,04761.443.40$99,583
Sep 201867011,06659.543.11$74,285
Aug 201850514,87659.403.07$75,615
Jul 201867212,00365.142.93$78,965
Jun 201885014,28760.183.08$95,113
May 201882917,53365.382.90$105,060
Apr 201850615,70663.842.90$77,863
Mar 201884213,22161.222.79$88,392
Feb 201831913,15061.782.77$56,082
Jan 20186789,61762.874.01$81,183
Dec 201734713,88157.272.92$60,426
Nov 201716815,83355.423.12$58,684
Oct 201767811,92049.292.98$68,984
Sep 20171,01821,76547.523.09$115,570
Aug 201702,60745.373.00$7,832
Jul 20176826,38943.873.09$49,644
Jun 201771812,28942.493.09$68,447
May 201734316,60745.373.26$69,757
Apr 201752116,36947.933.21$77,542
Mar 201782617,38846.772.98$90,512
Feb 201750015,89850.452.95$72,165
Jan 201784915,84749.413.42$96,127
Dec 201667717,38348.763.72$97,724
Nov 201666516,84742.492.64$72,805
Oct 201685818,78246.193.09$97,672
Sep 201666416,18341.553.10$77,767
Aug 201649719,12941.442.92$76,535
Jul 201649911,65941.622.92$54,863
Jun 201666417,60145.352.69$77,386
May 201683216,73742.521.99$68,701
Apr 201650817,57636.561.99$53,567
Mar 201685017,42733.011.79$59,323
Feb 201668716,39426.472.06$52,016
Jan 201687116,10727.352.36$61,905
Dec 201550217,26132.362.00$50,791
Nov 201567718,16738.792.17$65,635
Oct 201552215,02143.552.43$59,183
Sep 201584917,88642.992.76$85,836
Aug 20158499,69840.162.87$61,953
Jul 20155089,66448.152.95$52,921
Jun 201584514,52956.152.88$89,332
May 201572012,79655.212.96$77,569
Apr 201571718,51249.822.71$85,825
Mar 201590614,45942.892.93$81,291
Feb 201555713,30744.662.98$64,480
Jan 201573212,94643.433.10$71,932
Dec 201470911,40854.693.59$79,745
Nov 201469515,17970.464.25$113,508
Oct 201468016,80178.303.90$118,784
Sep 20143448,75786.164.05$65,065
Aug 201433916,16189.394.04$95,515
Jul 201468418,38896.564.18$142,902
Jun 201450613,00598.164.74$111,272
May 201467617,05494.734.73$144,644
Apr 201482418,73795.944.81$169,163
Mar 201417018,95695.895.06$112,158
Feb 201468417,28297.406.19$173,632
Jan 201433720,52790.404.86$130,241
Dec 201367121,17291.824.35$153,804
Nov 201350719,90088.853.74$119,439
Oct 201351115,98197.423.78$110,180
Sep 201350317,662104.113.72$118,030
Aug 201350811,836104.253.52$94,653
Jul 201350918,431102.523.72$120,704
Jun 201366018,41694.403.93$134,742
May 201351420,64794.834.15$134,409
Apr 201350520,74993.964.28$136,309
Mar 201351422,08893.623.91$134,548
Feb 201333621,80491.233.42$105,221
Jan 201368517,84791.603.42$123,781
Dec 201251332,12686.773.42$154,389
Nov 20123385,19486.953.62$48,217
Oct 201250728,83889.383.40$143,356
Sep 201267332,92094.672.92$159,787
Aug 201251036,74292.662.91$154,108
Jul 201267429,26685.133.02$145,784
Jun 201233122,32979.822.52$82,668
May 201267932,80691.612.49$143,835
Apr 201267731,300101.652.00$131,317
Mar 201250231,007105.052.22$121,635
Feb 201249529,795101.102.57$126,625
Jan 201286234,33798.092.73$178,434
Dec 201152534,70096.873.24$163,276
Nov 201133821,59995.723.31$103,874
Oct 201169838,55284.983.65$199,975
Sep 201134329,80583.623.99$147,478
Aug 201134934,33583.404.15$171,574
Jul 201135011,67194.144.52$85,670
Jun 201151923,14292.904.64$155,591
May 201134021,28498.134.40$127,116
Apr 201151321,728105.964.33$148,511
Mar 201168623,87896.364.06$162,984
Feb 20111738,57385.644.18$50,651
Jan 201154815,73686.504.59$119,611
Dec 201070222,35785.734.35$157,385
Nov 201053522,05680.843.80$126,959
Oct 201069322,55478.103.51$133,263
Sep 201052219,05372.633.98$113,734
Aug 201069422,18873.684.42$149,191
Jul 201070022,41672.554.74$156,958
Jun 201052520,45670.364.91$137,386
May 201069922,96971.124.24$146,992
Apr 201052217,46881.694.12$114,657
Mar 201052016,74678.394.39$114,255
Feb 201052418,78173.585.44$140,769
Jan 201053119,81274.365.96$157,646
Dec 200952820,94971.445.48$152,599
Nov 200971721,85574.593.75$135,470
Oct 200953723,45072.544.11$135,339
Sep 200953522,57165.543.06$104,238
Aug 200952422,17767.423.22$106,705
Jul 200970412,68561.133.46$86,983
Jun 200937322,06266.163.90$110,609
May 200953422,84654.743.93$118,919
Apr 200954118,57246.773.59$91,930
Mar 200953022,68642.144.06$114,417
Feb 200958420,75832.814.63$115,333
Jan 200952422,38435.865.37$139,015
Dec 200871323,74737.105.98$168,391
Nov 200871123,51955.496.86$200,802
Oct 200852125,78775.246.92$217,697
Sep 200835412,378101.767.88$133,526
Aug 200853923,197114.228.48$258,345
Jul 200871223,949131.0811.39$366,094
Jun 200871722,899131.3313.03$392,598
May 200852623,674123.1711.57$338,797
Apr 200853723,271110.3110.45$302,532
Mar 200869722,298101.909.66$286,514
Feb 200869222,34292.538.77$259,983
Jan 200868824,28190.388.21$261,425
Dec 200771321,11488.337.30$217,153
Nov 200753117,51291.677.29$176,369
Oct 200752412,59182.856.92$130,568
Sep 200771216,40875.846.24$156,452
Aug 200735611,36269.066.39$97,165
Jul 200753916,64570.906.39$144,542
Jun 200771316,99762.007.55$172,507
May 200753016,40758.747.85$159,866
Apr 200753515,26159.617.81$151,007
Mar 200754415,40856.927.30$143,473
Feb 200771914,49455.108.22$158,700
Jan 200752921,25250.306.73$169,568
Dec 200671515,04756.656.92$144,607
Nov 200673820,22154.207.62$194,033
Oct 200653515,77654.906.01$124,245
Sep 200672814,82660.085.04$118,420
Aug 200653215,31768.717.34$148,979
Jul 200673216,22469.376.34$153,684
Jun 200671014,75266.286.38$141,234
May 200672315,16566.016.42$145,160
Apr 200670213,67764.397.36$145,871
Mar 200678716,82656.707.08$163,800
Feb 200654414,94257.597.75$147,146
Jan 200655016,00660.598.93$176,311
Dec 200575617,42754.9413.42$275,325
Nov 200574018,39354.6910.59$235,223
Oct 200554519,67858.3413.80$303,268
Sep 200572417,30961.4512.08$253,565
Aug 200591021,87561.519.80$270,280
Jul 200571818,99355.697.84$188,960
Jun 200554019,51252.337.38$172,277
May 200589320,59045.226.65$177,329
Apr 200572014,04549.207.36$138,802
Mar 200592220,50350.377.15$193,138
Feb 200555018,98845.226.31$144,722
Jan 200573419,34143.166.32$153,957
Dec 200455513,53739.866.75$113,512
Nov 200495720,18245.286.33$171,094
Oct 200454419,25049.706.52$152,452
Sep 200487720,31743.245.28$145,274
Aug 200469519,75742.375.55$139,112
Jul 200489821,65938.286.08$166,153
Jun 200490219,82536.106.43$160,097
May 200457017,75837.486.49$136,694
Apr 200474118,79034.475.86$135,623
Mar 200491813,91334.365.53$108,483
Feb 200474513,88132.455.51$100,654
Jan 200487214,36132.036.30$118,399
Dec 200394621,22230.266.30$162,359
Nov 200395620,96928.804.60$123,889
Oct 200393222,54928.174.76$133,580
Sep 20031,08921,11926.314.75$128,953
Aug 200374122,64629.765.13$138,220
Jul 200392423,20529.415.17$147,164
Jun 200374213,57828.565.98$102,428
May 200394120,88726.595.97$149,773
Apr 200374319,76626.675.41$126,696
Mar 20031,10824,48531.146.10$183,765
Feb 200356119,23733.487.93$171,252
Jan 200392919,97030.315.58$139,631
Dec 200291821,37226.914.85$128,438
Nov 200293023,64024.664.14$120,732
Oct 200293919,61526.464.23$107,800
Sep 200294220,13727.443.64$99,051
Aug 200272213,52325.963.16$61,532
Jul 200292719,93324.583.06$83,816
Jun 200274515,51423.733.34$69,468
May 20029446,25324.663.58$45,690
Apr 20027479,38423.653.51$50,626
Mar 20021,04317,43922.003.10$77,054
Feb 20021,10916,78018.222.38$60,070
Jan 200294215,26217.172.38$52,432
Dec 20011,12213,74716.932.36$51,499
Nov 200156317,33818.072.41$51,880
Oct 200193311,03819.782.53$46,369
Sep 200191622,30424.262.25$72,436
Aug 200191921,22524.873.05$87,659
Jul 200189427,19823.933.20$108,348
Jun 200189427,66624.563.82$127,756
May 20011,06430,91925.524.31$160,331
Apr 200171426,74024.685.34$160,288
Mar 20011,26325,97224.545.38$170,631
Feb 200135925,13727.755.77$154,929
Jan 200190829,52327.478.40$272,899
Dec 200093323,12926.889.12$236,073
Nov 200092922,70732.215.66$158,399
Oct 200092020,28531.235.15$133,108
Sep 20001,07715,53531.875.19$114,896
Aug 20001,09925,93829.644.54$150,352
Jul 200090226,85128.534.09$135,548
Jun 200089328,95029.304.40$153,465
May 20001,0914,16527.263.68$45,067
Apr 200071322,70524.513.12$88,224
Mar 20001,10525,21728.422.86$103,518
Feb 200073813,30727.622.73$56,665
Jan 20001,2816,98825.272.48$49,705
Dec 19999136,38824.282.42$37,650
Nov 19991,12517,69823.192.43$69,166
Oct 19999272,53420.982.80$26,553
Sep 199991325,01321.752.62$85,363
Aug 199988727,58119.262.88$96,396
Jul 19991,25728,65117.892.37$90,459
Jun 19991,07623,64815.942.36$73,010
May 199972427,41015.792.32$75,051
Apr 199991827,49715.102.21$74,577
Mar 199989927,75612.471.84$62,235
Feb 199989825,7669.981.82$55,799
Jan 19991,05528,93210.381.90$65,920
Dec 199865328,5529.201.77$56,639
Nov 199862922,06010.892.19$55,067
Oct 199837722,23012.421.97$48,458
Sep 199850621,31012.592.08$50,751
Aug 199880523,52511.301.91$53,967
Jul 199839421,09811.742.24$51,827
Jun 199864919,70011.242.24$51,369
May 199878917,95012.622.21$49,561
Apr 199878618,61913.042.51$56,896
Mar 19981,07317,99512.802.31$55,293
Feb 199899320,27013.952.30$60,456
Jan 199876515,86714.702.15$45,436
Dec 199776423,03016.322.41$67,996
Nov 199798120,87218.193.09$82,303
Oct 199798524,39819.253.15$95,811
Sep 199798219,94417.742.95$76,353
Aug 19971,10719,97817.862.55$70,810
Jul 19971,31624,92417.582.25$79,138
Jun 19971,32922,70817.242.26$74,168
May 19971,26422,27718.972.31$75,405
Apr 19971,37122,60117.882.08$71,586
Mar 19971,36125,10718.951.94$74,477
Feb 199792218,90820.492.21$60,601
Jan 19971,30721,16723.483.54$105,613
Dec 19961,16923,04723.32$27,261
Nov 19961,01924,63321.97$22,387
Oct 19961,10125,88623.31$25,664
Sep 19961,32326,74222.22$29,397
Aug 19961,08823,55420.26$22,043
Jul 19961,29825,75619.55$25,376
Jun 199698225,27118.73$18,393
May 19961,16523,20719.43$22,636
Apr 19961,14124,66721.51$24,543
Mar 19961,27324,82419.38$24,671
Feb 19961,13225,14616.98$19,221
Jan 199691719,08017.07$15,653
Dec 19951,39419,31017.19$23,963
Nov 199595421,33716.00$15,264
Oct 19951,16420,15015.43$17,961
Sep 19951,01013,38816.18$16,342
Aug 19951,43419,59215.92$22,829
Jul 19951,23718,54315.24$18,852
Jun 19951,28116,85416.41$21,021
May 19951,50018,45017.56$26,340
Apr 19951,13618,86617.73$20,141
Mar 19951,34514,72916.44$22,112
Feb 19951,04013,59416.58$17,243
Jan 19951,60818,32915.92$25,599
Dec 19941,67720,00615.03$25,205
Nov 19941,95318,61415.90$31,053
Oct 19942,44822,01715.58$38,140
Sep 19941,88322,66415.29$28,791
Aug 19942,43822,27016.13$39,325
Jul 19941,85913,59217.56$32,644
Jun 19942,01616,51417.09$34,453
May 19941,87012,45015.88$29,696
Apr 19942,43710,50314.14$34,459
Mar 19942,31111,51412.46$28,795
Feb 19942,0469,27012.50$25,575
Jan 19942,0119,79912.66$25,459
Dec 19932,13810,39312.33$26,362
Nov 19931,87511,57014.49$27,169
Oct 19933867,61315.85$6,118
Sep 19932561,34015.03$3,848
Aug 19932547,55715.66$3,978
Jul 19932541,10315.46$3,927
Jun 19931681,09116.79$2,821
May 19932101,16217.68$3,713
Apr 199321275918.05$3,827
Mar 199320882918.14$3,773
Feb 199319770517.90$3,526
Jan 199321094216.93$3,555

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                  169 bbl  × $106.41 =    $17,983
Casinghead gas         0 Mcf  × $  3.05 =         $0

────────────────────────────────────────────────────
Month total                                  $17,983

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/3264 is the state's own key, not one this site invented.