WALTON

Operated by MV2 ENERGY, INC. (P-5 597369) in the ATAPCO, N. (DEV.) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 42088District 08Field 04186500OilCasinghead gasSaveExport
Value, all time
$2.0 M
Jul 2011 – Jan 2021
Value, last 12 filed months
$11 k
at the published price for each month
Months reported
115
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 6 leases and 11 wells, and the rule below applies to all of them.

Discovered
1961-03-03
as the register files it
Field class
Oil and gas
the register's own label
Between wells
1,200 ft
minimum
From a lease line
467 ft
minimum

A drilling unit in this field needs at least 40 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
OilDisposition14,631 bbl$1,123,346
Casinghead gasProduction255,115 Mcf$836,187
Total$1,959,533

Wells on this lease (1)

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 31.3322, -102.7547. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.33219, -102.75474 · 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%
1 of 1 wells
With a plug date
100.0%
1 of 1 wells
Median depth
5,180 ft
1 wells filed one
Completion to plug
9.0 years
median over 1 well

What the state filed about each well

On the RRC proration schedule
1100.0%
A plug date is filed
1100.0%
BothOn the schedule and plugged. Neither fact cancels the other.
1100.0%
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

The one well that filed a depth was drilled to 5,180 ft.

Completions filed
Jul 2011
1 of 1 wells
Plug dates filed
Jul 2020
1 of 1 wells

Last completion to plug: a median of 9.0 years across the 1 well that filed both dates, with the middle half between 9.0 years and 9.0 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-103357972H5,180 ftJul 2011Jul 2020Yes

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 (115)

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

115 months

Jan 20210050.412.81$0
Dec 20200044.642.68$0
Nov 20200038.772.71$0
Oct 20200036.972.48$0
Sep 20200037.091.99$0
Aug 20200039.982.39$0
Jul 2020194038.371.83$7,444
Jun 20200034.901.69$0
May 20200016.921.81$0
Apr 20200414.751.80$7
Mar 2020042330.341.86$785
Feb 202001,37049.881.98$2,714
Jan 202016876557.252.09$11,220
Dec 201901,23659.012.30$2,848
Nov 20191621,30655.302.75$12,551
Oct 201901,35553.472.42$3,277
Sep 201901,14455.052.66$3,040
Aug 20191601,37053.112.30$11,655
Jul 2019053656.272.46$1,319
Jun 20191601,58952.782.49$12,403
May 201901,03458.482.74$2,833
Apr 20191671,84362.632.75$15,529
Mar 201901,78456.803.06$5,463
Feb 20191751,40150.852.79$12,811
Jan 201901,59546.033.23$5,149
Dec 20181731,65546.594.19$14,987
Nov 2018062152.934.24$2,631
Oct 20181641,24161.443.40$14,293
Sep 201801,01659.543.11$3,158
Aug 201801,71459.403.07$5,256
Jul 20181651,32465.142.93$14,630
Jun 2018088960.183.08$2,735
May 201801,38065.382.90$4,003
Apr 20181701,18463.842.90$14,287
Mar 201801,68961.222.79$4,707
Feb 20181751,53661.782.77$15,060
Jan 201802,12662.874.01$8,524
Dec 20171712,06057.272.92$15,812
Nov 201701,64755.423.12$5,136
Oct 20171661,52849.292.98$12,741
Sep 201701,96847.523.09$6,076
Aug 20171591,63645.373.00$12,129
Jul 201702,14343.873.09$6,616
Jun 201701,95742.493.09$6,042
May 20171642,45045.373.26$15,436
Apr 20171682,19047.933.21$15,086
Mar 201702,15546.772.98$6,430
Feb 201702,30350.452.95$6,800
Jan 20171692,53949.413.42$17,031
Dec 20161662,00748.763.72$15,566
Nov 201602,42242.492.64$6,405
Oct 20161692,70646.193.09$16,168
Sep 201602,20341.553.10$6,831
Aug 20161602,49041.442.92$13,912
Jul 201602,67641.622.92$7,826
Jun 201602,41445.352.69$6,484
May 20161582,63942.521.99$11,973
Apr 201601,46836.561.99$2,923
Mar 20161702,93533.011.79$10,877
Feb 201602,64926.472.06$5,467
Jan 20161652,67927.352.36$10,847
Dec 201502,97832.362.00$5,960
Nov 20151703,25638.792.17$13,651
Oct 201502,10843.552.43$5,115
Sep 20151602,91442.992.76$14,916
Aug 201503,29940.162.87$9,476
Jul 20151563,73948.152.95$18,523
Jun 20151652,85856.152.88$17,504
May 201503,10455.212.96$9,174
Apr 20151593,38749.822.71$17,089
Mar 201503,47042.892.93$10,183
Feb 20151533,17344.662.98$16,276
Jan 201503,63443.433.10$11,268
Dec 20141683,84254.693.59$22,986
Nov 20141674,03670.464.25$28,927
Oct 20141744,48178.303.90$31,104
Sep 201402,90786.164.05$11,760
Aug 20141621,87189.394.04$22,031
Jul 20141913,19296.564.18$31,784
Jun 201403,00298.164.74$14,220
May 20141733,53994.734.73$33,116
Apr 20141772,09995.944.81$27,076
Mar 20141593,60095.895.06$33,451
Feb 20141912,95297.406.19$36,882
Jan 20143592,84390.404.86$46,273
Dec 201302,52491.824.35$10,991
Nov 201302,44088.853.74$9,121
Oct 201302,64097.423.78$9,978
Sep 20131882,153104.113.72$27,577
Aug 201302,720104.253.52$9,582
Jul 20131762,803102.523.72$28,464
Jun 201302,81494.403.93$11,069
May 20131683,07594.834.15$28,690
Apr 20131653,27893.964.28$29,542
Mar 201303,81893.623.91$14,939
Feb 20131683,52891.233.42$27,392
Jan 20131654,00991.603.42$28,824
Dec 20123354,59486.773.42$44,780
Nov 201202,82186.953.62$10,226
Oct 20124964,06989.383.40$58,166
Sep 20121723,40394.672.92$26,215
Aug 20121673,22192.662.91$24,841
Jul 20121652,98285.133.02$23,054
Jun 20126782,99979.822.52$61,673
May 20121662,95791.612.49$22,565
Apr 20123452,695101.652.00$40,451
Mar 20125022,676105.052.22$58,681
Feb 20121,0091,358101.102.57$105,500
Jan 20121684,07398.092.73$27,615
Dec 20111634,07396.873.24$28,985
Nov 20113292,76895.723.31$40,658
Oct 20116653,62484.983.65$69,734
Sep 20115062,38183.623.99$51,802
Aug 20118332,23283.404.15$78,733
Jul 201101,10994.144.52$5,010

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.

Jul 2020 — as filed, then multipliedworked
Oil                  194 bbl  × $ 38.37 =     $7,444
Casinghead gas         0 Mcf  × $  1.83 =         $0

────────────────────────────────────────────────────
Month total                                   $7,444

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/42088 is the state's own key, not one this site invented.