WALTER RANCH

Operated by WHITE KNIGHT PRODUCTION LLC (P-5 918507) in the KRS (MARBLE FALLS) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 32823District 09Field 47941500OilCasinghead gasSaveExport
Value, all time
$9.0 M
Aug 2013 – Dec 2023
Value, last 12 filed months
$4 k
at the published price for each month
Months reported
125
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 532 leases and 790 wells, and the rule below applies to all of them.

Discovered
2010-10-25
as the register files it
Field class
Oil and gas
the register's own label
Between wells
0 ft
minimum
From a lease line
330 ft
minimum

A drilling unit in this field needs at least 160 acres. The field rule took effect on 2015-08-25.

The Commission's schedule remark for this field reads: LEASE PLAT;

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
OilDisposition76,867 bbl$4,669,099
Casinghead gasProduction1,329,755 Mcf$4,314,089
Total$8,983,189

Wells on this lease (3)

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 33.0085, -98.0933. A lease has no coordinate of its own — that point is the mean of its wells, and they span 1.8 miles.

33.00758, -98.09276 · 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%
3 of 3 wells
With a plug date
33.3%
1 of 3 wells
Median depth
5,615 ft
3 wells filed one
Completion to plug
7.8 years
median over 1 well

What the state filed about each well

On the RRC proration schedule
3100.0%
A plug date is filed
133.3%
BothOn the schedule and plugged. Neither fact cancels the other.
133.3%
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

Between 5,589 and 5,789 ft, median 5,615 ft, over the 3 wells that filed a depth.

Completions filed
Sep 2013 – Oct 2015
3 of 3 wells
Plug dates filed
Aug 2023
1 of 3 wells; 2 filed none

Last completion to plug: a median of 7.8 years across the 1 well that filed both dates, with the middle half between 7.8 years and 7.8 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

3 wells

42-2374008625,615 ftOct 2015Aug 2023Yes
42-23740297115,789 ftJun 2015Yes
42-2373978615,589 ftSep 2013Yes

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 (125)

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

125 months

Dec 20230071.262.61$0
Nov 20230077.892.81$0
Oct 20230085.443.09$0
Sep 20230089.042.74$0
Aug 202353080.522.67$4,268
Jul 20230074.852.64$0
Jun 20230068.962.26$0
May 20230070.622.23$0
Apr 20230078.122.24$0
Mar 20230072.852.39$0
Feb 20230075.112.47$0
Jan 20230076.533.39$0
Dec 20220076.415.73$0
Nov 20220085.005.65$0
Oct 20220087.185.86$0
Sep 20220084.888.16$0
Aug 20220094.529.13$0
Jul 202200101.587.54$0
Jun 202200115.097.98$0
May 202200109.378.43$0
Apr 202200104.226.84$0
Mar 202200108.885.08$0
Feb 20220091.054.86$0
Jan 20220081.844.54$0
Dec 20210071.323.90$0
Nov 20210077.435.24$0
Oct 20210079.795.71$0
Sep 20210069.865.35$0
Aug 20210066.024.22$0
Jul 20210070.783.98$0
Jun 20210069.493.38$0
May 202183063.483.02$5,269
Apr 20210060.362.76$0
Mar 20210061.302.72$0
Feb 20210057.805.55$0
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 20200038.371.83$0
Jun 20200034.901.69$0
May 20200016.921.81$0
Apr 20200014.751.80$0
Mar 20200030.341.86$0
Feb 20200049.881.98$0
Jan 20200057.252.09$0
Dec 201921059.012.30$1,239
Nov 20190055.302.75$0
Oct 2019011353.472.42$273
Sep 20190055.052.66$0
Aug 20190053.112.30$0
Jul 20190056.272.46$0
Jun 20190052.782.49$0
May 20191621,03158.482.74$12,299
Apr 201901,32062.632.75$3,631
Mar 20191791,42256.803.06$14,522
Feb 20191741,32650.852.79$12,550
Jan 201935069446.033.23$18,351
Dec 201891,03946.594.19$4,768
Nov 201817468952.934.24$12,129
Oct 20181745,04861.443.40$27,844
Sep 20183517,42859.543.11$43,985
Aug 20181698,05559.403.07$34,740
Jul 20185269,77365.142.93$62,917
Jun 20185238,16360.183.08$56,591
May 20187168,76665.382.90$72,240
Apr 201804,18563.842.90$12,140
Mar 20181694,52261.222.79$22,948
Feb 201804,05961.782.77$11,228
Jan 2018011,29062.874.01$45,265
Dec 201705,02957.272.92$14,692
Nov 201704,86955.423.12$15,183
Oct 201705,26749.292.98$15,715
Sep 201705,41447.523.09$16,715
Aug 201705,83945.373.00$17,543
Jul 201725,93743.873.09$18,417
Jun 201705,98042.493.09$18,462
May 20171646,41045.373.26$28,359
Apr 201726,34447.933.21$20,470
Mar 201766,52946.772.98$19,761
Feb 201705,03150.452.95$14,855
Jan 201705,70749.413.42$19,511
Dec 20161685,75448.763.72$29,613
Nov 201605,79442.492.64$15,321
Oct 2016876,21046.193.09$23,209
Sep 2016146,15941.553.10$19,678
Aug 201606,62141.442.92$19,362
Jul 20161627,30641.622.92$28,108
Jun 201617,49545.352.69$20,176
May 201678,17342.521.99$16,570
Apr 20161788,46436.561.99$23,360
Mar 201639,35233.011.79$16,877
Feb 20161559,16026.472.06$23,006
Jan 20163429,97727.352.36$32,943
Dec 20156858,51432.362.00$39,207
Nov 20151,19240,08038.792.17$133,104
Oct 20151,52351,02243.552.43$190,136
Sep 20151,31053,79842.992.76$204,714
Aug 20152,49965,22440.162.87$287,715
Jul 20152,52072,34448.152.95$334,397
Jun 20152,33178,83056.152.88$358,142
May 20153,18170,50155.212.96$383,985
Apr 20154,67478,96149.822.71$446,572
Mar 20156,34983,57742.892.93$517,583
Feb 20156,71963,20744.662.98$488,187
Jan 20155,17830,99643.433.10$320,988
Dec 20146,73033,27654.693.59$487,570
Nov 20146,44433,90470.464.25$598,199
Oct 20146,39631,93978.303.90$625,400
Sep 20142,50221,80486.164.05$303,779
Aug 201466311,33189.394.04$104,988
Jul 20141,00316,90296.564.18$167,493
Jun 201497916,83798.164.74$175,853
May 201499618,49794.734.73$181,778
Apr 20141,17419,85695.944.81$208,123
Mar 20141,17121,93495.895.06$223,203
Feb 20141,51420,50997.406.19$274,455
Jan 201482914,86090.404.86$147,172
Dec 20133299,59391.824.35$71,981
Nov 201369526,56088.853.74$161,039
Oct 201397940,03597.423.78$246,681
Sep 20131,17850,170104.113.72$309,161
Aug 201306,950104.253.52$24,482

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.

Aug 2023 — as filed, then multipliedworked
Oil                   53 bbl  × $ 80.52 =     $4,268
Casinghead gas         0 Mcf  × $  2.67 =         $0

────────────────────────────────────────────────────
Month total                                   $4,268

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. 09/O/32823 is the state's own key, not one this site invented.