CLS WALTON

Operated by TEAM OPERATING, L.L.C. (P-5 840878) 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 48276District 08Field 49038001OilCasinghead gasSave
Value, all time
$168.6 M
Oct 2016 – May 2026
Value, last 12 filed months
$16.5 M
at the published price for each month
Months reported
116
no gaps in the span
Streams
2
oil, casinghead gas

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
OilDisposition2,398,357 bbl$158,346,239
Casinghead gasProduction3,134,022 Mcf$10,297,938
Total$168,644,177

Wells on this lease (96)

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 31.9313, -103.1434. A lease has no coordinate of its own — that point is the mean of its wells, and they span 3.9 miles.

31.92548, -103.13897 · 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
6.3%
6 of 96 wells
With a plug date
7.3%
7 of 96 wells
Median depth
3,570 ft
94 wells filed one
Completion to plug
31.1 years
median over 2 wells

What the state filed about each well

On the RRC proration schedule
66.3%
A plug date is filed
77.3%
BothOn the schedule and plugged. Neither fact cancels the other.
66.3%
NeitherNo plug date, and not on the schedule.
8992.7%

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

0k
2k
4k
6k
8k
10k
12k
15k
20k+

Total depth in feet, 94 of 96 wells. Median 3,570 ft, with the middle half between 3,498 and 3,620 ft; the shallowest is 2,800 ft and the deepest 8,241 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

60s
70s
80s
90s
00s
10s
20s

Last completion by decade, 90 of 96 wells, Feb 1961 – Jan 2025. 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 1961 – Jan 2025
90 of 96 wells; 6 filed none
Plug dates filed
Feb 1971 – Dec 2022
7 of 96 wells; 89 filed none

Last completion to plug: a median of 31.1 years across the 2 wells that filed both dates, with the middle half between 15.8 years and 46.5 years. A further 1 well is excluded, because the last completion the Commission holds for it is dated after the plug date. Both dates are the latest of their kind on the wellbore record and they are filed separately, so the two need not run in order. The gap is the distance between two filed dates — it is not a statement of how long the well produced.

96 wells

42-49502946472,800 ftMar 2020Yes
42-495030781812,945 ftMar 2019Yes
42-495030851882,800 ftDec 2022Yes
42-495031252283,300 ftApr 2021Yes
42-4950297797
42-495031664
42-495030641672,935 ftJan 2025
42-49503149182,935 ftDec 2024
42-495347081001NE3,460 ftSep 2024
42-495349771436SW3,503 ftSep 2024
42-495349760601NW3,500 ftSep 2024
42-49502935362,970 ftAug 2024
42-495347111636SW3,442 ftJun 2024
42-49533800I101SW3,499 ftJun 2024
42-495345611419SW3,600 ftJun 2024
42-495031322403,450 ftMay 2024
42-495337451019NW3,536 ftApr 2024
42-49533911I136NW3,498 ftMar 2024
42-495338271119NE3,555 ftMar 2024
42-495347090736SW3,443 ftMar 2024
42-495345521119SE3,428 ftJul 2023
42-495341950901NE3,660 ftDec 2022
42-495347211001NW3,543 ftDec 2022
42-495347050201NE3,451 ftNov 2022
42-495347201201NW3,525 ftNov 2022
42-495347171501NE3,575 ftNov 2022
42-495347151401NE3,570 ftNov 2022
42-495347180201NW3,570 ftOct 2022
42-495347190101NW3,567 ftSep 2022
42-495347130219SE3,349 ftAug 2022
42-495347141136SE3,456 ftAug 2022
42-495347221536NW3,577 ftJul 2022
42-495347231136SW3,503 ftJul 2022
42-495342250936NW3,681 ftJun 2022
42-495339020519SE3,586 ftDec 2021
42-49503054156W2,931 ftDec 2021Apr 2022Yes
42-495030840719SW3,632 ftSep 2021Feb 1971
42-495345691136NE3,581 ftApr 2021
42-495342260236NW3,670 ftApr 2021
42-495345751019SW3,430 ftApr 2021
42-495337480636NE3,545 ftMar 2021
42-495338251436NE3,667 ftMar 2021
42-495337470119SW3,580 ftFeb 2021
42-495342981619SW3,643 ftJan 2020
42-495342950516NW3,540 ftApr 2019
42-495342961216NW3,535 ftApr 2019
42-495342851219NE3,572 ftApr 2019
42-495338990819NW3,619 ftApr 2019
42-495338310419NE3,605 ftMar 2019
42-495342711519NE3,525 ftMar 2019
42-495341180736NW3,665 ftMar 2019
42-495341200701SE3,667 ftMar 2019
42-495338341536NE3,617 ftFeb 2019
42-495338151036SE3,627 ftFeb 2019
42-495338331519NW3,640 ftFeb 2019
42-495342600836NE3,585 ftJan 2019
42-495342530136NW3,634 ftDec 2018
42-495342520236NE3,565 ftDec 2018
42-495339011619NW3,612 ftDec 2018
42-495342450719NE3,562 ftDec 2018
42-495342240316NW3,615 ftNov 2018
42-495338171636NW3,698 ftOct 2018
42-495342061019SE3,560 ftOct 2018
42-495342051236SE3,680 ftOct 2018
42-495341800415NW3,610 ftSep 2018
42-495340780836NW3,650 ftSep 2018
42-495338160519NE3,577 ftAug 2018
42-495341401619NE3,565 ftJul 2018
42-495341441319NE3,555 ftJul 2018
42-495340930206SW3,612 ftJul 2018
42-495340891306NW3,670 ftJun 2018
42-495341160636NW3,680 ftJun 2018
42-49530064304W8,241 ftJun 2018
42-495340880419NW3,700 ftMay 2018
42-495340901036SW3,684 ftMay 2018
42-495340870801SW3,710 ftMay 2018
42-495340850401NE3,674 ftMay 2018
42-495340571419NW3,620 ftApr 2018
42-495339001036NE3,620 ftApr 2018
42-495340360206NW3,561 ftApr 2018
42-495339590619SW3,530 ftMar 2018
42-495339620436SE3,613 ftMar 2018
42-49533910I236NW3,498 ftJan 2018
42-495339950701NE3,641 ftJan 2018
42-495339611601NE3,612 ftDec 2017
42-495338180919SW3,450 ftDec 2017
42-495339041519SW3,616 ftDec 2017
42-495338260319NE3,535 ftSep 2017
42-49533802I201SW3,586 ftAug 2017
42-495338390401NW3,772 ftJun 2017
42-495338241636SE3,495 ftMay 2017
42-495337490236SE3,595 ftDec 2016
42-495337440219NW3,424 ftNov 2016
42-495337431419SE3,376 ftOct 2016
42-495030421442,965 ftJun 1988
42-49503174123,040 ftFeb 1961Dec 2022Yes

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 (116)

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

116 months

May 202617,6268,473106.413.05$1,901,390
Apr 202618,69116,11298.932.87$1,895,338
Mar 202618,85413,86889.753.15$1,735,823
Feb 202617,9312,10663.503.75$1,146,517
Jan 202619,5538,70359.138.00$1,225,775
Dec 202518,00013,30756.664.41$1,078,609
Nov 202518,62111,10058.593.93$1,134,588
Oct 202518,43020959.383.30$1,095,064
Sep 202518,6531,09462.743.08$1,173,655
Aug 202520,3633,23863.933.01$1,311,568
Jul 202519,36219,54366.743.32$1,357,009
Jun 202520,03622,36866.483.13$1,401,976
May 202521,57323,98160.553.23$1,383,759
Apr 202522,282062.363.54$1,389,506
Mar 202526,742067.704.27$1,810,433
Feb 202521,199070.884.34$1,502,585
Jan 202519,78911,91374.324.28$1,521,690
Dec 202422,949068.993.12$1,583,252
Nov 202416,691069.052.20$1,152,514
Oct 202421,280071.372.28$1,518,754
Sep 202419,725069.612.36$1,373,057
Aug 202419,737075.632.06$1,492,709
Jul 202421,65110,11979.932.15$1,752,286
Jun 202419,5429,41378.082.63$1,550,633
May 202420,9961,33078.812.20$1,657,619
Apr 202421,1273,95884.451.66$1,790,742
Mar 202420,3859,38880.301.55$1,651,421
Feb 202421,09114,07976.091.78$1,629,926
Jan 202422,53115,20673.023.30$1,695,358
Dec 202319,80615,71671.262.61$1,452,406
Nov 202321,567077.892.81$1,679,854
Oct 202322,47911,09885.443.09$1,954,868
Sep 202320,43129,70389.042.74$1,900,415
Aug 202319,33730,40180.522.67$1,638,273
Jul 202322,5685,13674.852.64$1,702,783
Jun 202321,7948,36468.962.26$1,521,804
May 202321,06029,68670.622.23$1,553,380
Apr 202318,81133,04578.122.24$1,543,462
Mar 202321,17031,89072.852.39$1,618,552
Feb 202317,08827,08775.112.47$1,350,268
Jan 202321,74017,91976.533.39$1,724,467
Dec 202223,00123,89976.415.73$1,894,426
Nov 202220,2654,72185.005.65$1,749,181
Oct 202222,73235,14087.185.86$2,187,828
Sep 202221,64221984.888.16$1,838,761
Aug 202221,24139,34094.529.13$2,366,762
Jul 202222,87830,761101.587.54$2,555,949
Jun 202220,45923,912115.097.98$2,545,377
May 202222,27428,520109.378.43$2,676,618
Apr 202221,53117,211104.226.84$2,361,643
Mar 202225,24817,960108.885.08$2,840,174
Feb 202218,56719,85491.054.86$1,786,993
Jan 202221,6658,22681.844.54$1,810,391
Dec 202121,01727,69571.323.90$1,606,919
Nov 202117,62830,08977.435.24$1,522,508
Oct 202116,12628,64679.795.71$1,450,373
Sep 202114,53814,91069.865.35$1,095,407
Aug 202113,02020,33566.024.22$945,406
Jul 202110,32018,37970.783.98$803,636
Jun 202110,97621,51569.493.38$835,456
May 202111,61414,35763.483.02$780,581
Apr 20219,17821,03060.362.76$611,994
Mar 202111,27510,98861.302.72$721,011
Feb 20217,39212,98657.805.55$499,303
Jan 202110,53521,08150.412.81$590,313
Dec 202013,73525,03744.642.68$680,116
Nov 202010,8125,91638.772.71$435,193
Oct 20208,73819,75536.972.48$372,005
Sep 202010,64122,73937.091.99$439,949
Aug 202015,42927,37839.982.39$682,151
Jul 202022,46736,99338.371.83$929,575
Jun 20203,3278,58934.901.69$130,630
May 20205,02333,23616.921.81$145,304
Apr 202011,40144,19414.751.80$247,908
Mar 202014,78844,49130.341.86$531,253
Feb 202013,28040,99949.881.98$743,612
Jan 202014,57853,79057.252.09$947,267
Dec 201918,26667,11159.012.30$1,232,525
Nov 201920,52769,57155.302.75$1,326,512
Oct 201925,07457,78053.472.42$1,480,450
Sep 201927,51172,44255.052.66$1,706,979
Aug 201934,07970,96153.112.30$1,973,455
Jul 201937,09150,99256.272.46$2,212,554
Jun 201935,48758,51852.782.49$2,018,784
May 201939,00161,33158.482.74$2,448,845
Apr 201954,20672,20662.632.75$3,593,539
Mar 201953,84562,42056.803.06$3,249,532
Feb 201944,69378,34450.852.79$2,491,393
Jan 201951,515115,03046.033.23$2,742,573
Dec 201851,003108,45946.594.19$2,830,178
Nov 201846,08875,65252.934.24$2,759,994
Oct 201840,00493,02661.443.40$2,773,956
Sep 201841,22287,35459.543.11$2,725,854
Aug 201842,63791,10159.403.07$2,812,004
Jul 201839,07287,71565.142.93$2,802,320
Jun 201830,55265,27860.183.08$2,039,475
May 201832,38368,27865.382.90$2,315,261
Apr 201826,94170,49563.842.90$1,924,405
Mar 201824,10563,72061.222.79$1,653,286
Feb 201823,13739,22761.782.77$1,537,910
Jan 201830,49734,29962.874.01$2,054,862
Dec 201720,17625,19757.272.92$1,229,093
Nov 201712,76220,65855.423.12$771,689
Oct 201713,7785,45349.292.98$695,388
Sep 201712,60411,29447.523.09$633,810
Aug 201713,10715,99845.373.00$642,729
Jul 201710,35013,24743.873.09$494,952
Jun 20179,4854,87142.493.09$418,056
May 20178,39825045.373.26$381,833
Apr 20176,57325047.933.21$315,847
Mar 20178,80525046.772.98$412,556
Feb 20175,12325050.452.95$259,194
Jan 20178,49825049.413.42$420,741
Dec 20166,43520048.763.72$314,515
Nov 201672510042.492.64$31,070
Oct 20160046.193.09$0

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               17,626 bbl  × $106.41 = $1,875,583
Casinghead gas     8,473 Mcf  × $  3.05 =    $25,807

────────────────────────────────────────────────────
Month total                               $1,901,390

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/48276 is the state's own key, not one this site invented.