WALKER

Operated by PNG PRODUCTION, LLC (P-5 102497) in the PANHANDLE WHEELER COUNTY FIELD field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 1407District 10Field 68929001NGPA filingOilCasinghead gasSaveExport
Value, all time
$3.5 M
Jan 1993 – May 2026
Value, last 12 filed months
$108 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 250 leases and 1,082 wells, and the rule below applies to all of them.

Discovered
1921-12-31
as the register files it
Field class
Oil
the register's own label
Between wells
467 ft
minimum
From a lease line
330 ft
minimum

A drilling unit in this field needs at least 20 acres. The field rule took effect on 1989-05-01.

The Commission's schedule remark for this field reads: SPECIAL TESTING REQUIREMENTS FOR WELLS WITH GOR GREATER THAN 5000.

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
NGPA3none

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
OilDisposition67,054 bbl$2,768,091
Casinghead gasProduction205,875 Mcf$769,496
Total$3,537,587

29,484 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 (4)

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 35.3625, -100.4297. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.3 miles.

35.36208, -100.42970 · 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
25.0%
1 of 4 wells
With a plug date
25.0%
1 of 4 wells
Median depth
2,590 ft
3 wells filed one
Completion to plug
no well filed both dates

What the state filed about each well

On the RRC proration schedule
125.0%
A plug date is filed
125.0%
BothOn the schedule and plugged. Neither fact cancels the other.
125.0%
NeitherNo plug date, and not on the schedule.
375.0%

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 2,555 and 2,625 ft, median 2,590 ft, over the 3 wells that filed a depth.

Completions filed
Dec 1968
1 of 4 wells; 3 filed none
Plug dates filed
May 1989
1 of 4 wells; 3 filed none

4 wells

42-483009831W2,625 ftMay 1989Yes
42-4833000642,590 ft
42-483806502
42-4832001432,555 ftDec 1968

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 2026163531106.413.05$18,962
Apr 2026050398.932.87$1,443
Mar 202616443689.753.15$16,092
Feb 20260063.503.75$0
Jan 202615928159.138.00$11,649
Dec 202516060656.664.41$11,740
Nov 2025055558.593.93$2,179
Oct 202516352459.383.30$11,411
Sep 202516346862.743.08$11,667
Aug 202515639263.933.01$11,155
Jul 202516135366.743.32$11,915
Jun 202507066.483.13$219
May 2025157060.553.23$9,506
Apr 20250062.363.54$0
Mar 2025161067.704.27$10,900
Feb 20250070.884.34$0
Jan 2025160074.324.28$11,891
Dec 20240068.993.12$0
Nov 2024164069.052.20$11,324
Oct 202401371.372.28$30
Sep 2024163769.612.36$11,363
Aug 2024163775.632.06$12,342
Jul 20240079.932.15$0
Jun 2024164078.082.63$12,805
May 2024163078.812.20$12,846
Apr 2024011884.451.66$196
Mar 202416512580.301.55$13,443
Feb 202416110976.091.78$12,445
Jan 2024162773.023.30$11,852
Dec 202301071.262.61$26
Nov 202301977.892.81$53
Oct 20231623885.443.09$13,959
Sep 202305289.042.74$142
Aug 20231635980.522.67$13,282
Jul 20231623174.852.64$12,208
Jun 202302168.962.26$47
May 202302370.622.23$51
Apr 20231642078.122.24$12,856
Mar 202303872.852.39$91
Feb 20230075.112.47$0
Jan 20231631176.533.39$12,512
Dec 20220076.415.73$0
Nov 2022160085.005.65$13,600
Oct 20220087.185.86$0
Sep 202201184.888.16$90
Aug 20220094.529.13$0
Jul 20221630101.587.54$16,558
Jun 202200115.097.98$0
May 202200109.378.43$0
Apr 20221560104.226.84$16,258
Mar 202200108.885.08$0
Feb 2022162091.054.86$14,750
Jan 20220081.844.54$0
Dec 20210071.323.90$0
Nov 20211561477.435.24$12,152
Oct 2021162079.795.71$12,926
Sep 20210069.865.35$0
Aug 20211598266.024.22$10,843
Jul 2021044570.783.98$1,772
Jun 202116321869.493.38$12,064
May 2021027863.483.02$839
Apr 2021022760.362.76$626
Mar 2021012061.302.72$326
Feb 202101257.805.55$67
Jan 202116614850.412.81$8,784
Dec 2020026144.642.68$698
Nov 20201676138.772.71$6,640
Oct 202001836.972.48$45
Sep 2020165637.091.99$6,132
Aug 20200039.982.39$0
Jul 202016314038.371.83$6,510
Jun 2020028534.901.69$482
May 202016345216.921.81$3,578
Apr 20200014.751.80$0
Mar 2020161430.341.86$4,892
Feb 202015825349.881.98$8,382
Jan 2020010557.252.09$220
Dec 2019028059.012.30$645
Nov 201916328555.302.75$9,798
Oct 2019076553.472.42$1,850
Sep 201916657355.052.66$10,661
Aug 2019055953.112.30$1,288
Jul 201916621256.272.46$9,862
Jun 201904452.782.49$110
May 201916414458.482.74$9,985
Apr 201916274162.632.75$12,184
Mar 201916040756.803.06$10,334
Feb 2019038650.852.79$1,078
Jan 2019041946.033.23$1,353
Dec 201816154746.594.19$9,790
Nov 2018055552.934.24$2,352
Oct 201816342461.443.40$11,456
Sep 201816429359.543.11$10,675
Aug 2018029859.403.07$914
Jul 201816432565.142.93$11,636
Jun 201816329160.183.08$10,705
May 201816439865.382.90$11,877
Apr 2018046263.842.90$1,340
Mar 201816449761.222.79$11,425
Feb 201816437661.782.77$11,172
Jan 2018051962.874.01$2,081
Dec 201716674757.272.92$11,689
Nov 201716165055.423.12$10,950
Oct 201716449749.292.98$9,566
Sep 2017056747.523.09$1,750
Aug 201716465845.373.00$9,418
Jul 201716453943.873.09$8,859
Jun 201716450142.493.09$8,515
May 201716344245.373.26$8,838
Apr 201716251847.933.21$9,428
Mar 2017055746.772.98$1,662
Feb 201716371750.452.95$10,340
Jan 201716172249.413.42$10,423
Dec 2016078848.763.72$2,934
Nov 201616280642.492.64$9,015
Oct 201616781846.193.09$10,242
Sep 201616489541.553.10$9,589
Aug 2016086841.442.92$2,538
Jul 201616374841.622.92$8,971
Jun 201616640145.352.69$8,605
May 2016072542.521.99$1,444
Apr 201616371236.561.99$7,377
Mar 201616662233.011.79$6,596
Feb 201615754326.472.06$5,276
Jan 2016056327.352.36$1,331
Dec 201516442532.362.00$6,158
Nov 2015048138.792.17$1,042
Oct 201516447043.552.43$8,283
Sep 201516245242.992.76$8,211
Aug 201516446640.162.87$7,925
Jul 2015057748.152.95$1,699
Jun 201516535756.152.88$10,294
May 201516136855.212.96$9,976
Apr 201516625349.822.71$8,955
Mar 2015021642.892.93$634
Feb 2015019844.662.98$589
Jan 2015024643.433.10$763
Dec 201416434354.693.59$10,201
Nov 2014028970.464.25$1,229
Oct 201416439178.303.90$14,366
Sep 2014038186.164.05$1,541
Aug 201416649289.394.04$16,824
Jul 201416547996.564.18$17,934
Jun 2014055198.164.74$2,610
May 201416655494.734.73$18,344
Apr 201416478795.944.81$19,519
Mar 201416553795.895.06$18,537
Feb 201416351097.406.19$19,034
Jan 201416366190.404.86$17,948
Dec 201311868991.824.35$13,835
Nov 201316478888.853.74$17,517
Oct 201316470397.423.78$18,634
Sep 2013166684104.113.72$19,825
Aug 2013165680104.253.52$19,597
Jul 2013164643102.523.72$19,204
Jun 201316574594.403.93$18,506
May 201316451094.834.15$17,668
Apr 2013045693.964.28$1,953
Mar 201316334093.623.91$16,590
Feb 201316441991.233.42$16,395
Jan 2013045291.603.42$1,546
Dec 201216440786.773.42$15,622
Nov 2012042286.953.62$1,530
Oct 201216447089.383.40$16,256
Sep 2012045994.672.92$1,340
Aug 201216453192.662.91$16,740
Jul 201216666885.133.02$16,149
Jun 201216667679.822.52$14,953
May 2012058591.612.49$1,456
Apr 2012164369101.652.00$17,407
Mar 2012166427105.052.22$18,387
Feb 20120439101.102.57$1,128
Jan 201216350498.092.73$17,367
Dec 201116452696.873.24$17,591
Nov 2011029795.723.31$983
Oct 201116449484.983.65$15,739
Sep 201116551583.623.99$15,850
Aug 2011045583.404.15$1,888
Jul 201116555994.144.52$18,058
Jun 2011065692.904.64$3,044
May 201116465398.134.40$18,970
Apr 2011164628105.964.33$20,099
Mar 2011062596.364.06$2,536
Feb 2011049885.644.18$2,082
Jan 201116768886.504.59$17,603
Dec 201016673885.734.35$17,440
Nov 2010072680.843.80$2,755
Oct 201016577878.103.51$15,616
Sep 2010072272.633.98$2,873
Aug 201016857973.684.42$14,937
Jul 2010066572.554.74$3,150
Jun 201016838170.364.91$13,691
May 201016756971.124.24$14,287
Apr 2010056381.694.12$2,321
Mar 201017074678.394.39$16,600
Feb 201016766473.585.44$15,902
Jan 201016765974.365.96$16,348
Dec 200916964871.445.48$15,627
Nov 2009065174.593.75$2,442
Oct 200916863172.544.11$14,780
Sep 200916858065.543.06$12,788
Aug 200917273067.423.22$13,946
Jul 200917276661.133.46$13,168
Jun 2009074666.163.90$2,906
May 200916867654.743.93$11,850
Apr 200916868846.773.59$10,326
Mar 200916870442.144.06$9,937
Feb 200916868632.814.63$8,690
Jan 2009076435.865.37$4,103
Dec 200816966337.105.98$10,233
Nov 2008067955.496.86$4,658
Oct 2008072475.246.92$5,012
Sep 2008168688101.767.88$22,515
Aug 20080685114.228.48$5,811
Jul 2008172626131.0811.39$29,676
Jun 20080536131.3313.03$6,985
May 2008173515123.1711.57$27,269
Apr 2008167453110.3110.45$23,158
Mar 2008169570101.909.66$22,730
Feb 200816559592.538.77$20,486
Jan 200816658290.388.21$19,779
Dec 2007067588.337.30$4,929
Nov 200717279591.677.29$21,564
Oct 200716877682.856.92$19,290
Sep 200717085075.846.24$18,200
Aug 200716984869.066.39$17,088
Jul 200716877870.906.39$16,881
Jun 2007031762.007.55$2,393
May 200716541858.747.85$12,972
Apr 2007038759.617.81$3,021
Mar 200716538456.927.30$12,196
Feb 200716440755.108.22$12,380
Jan 2007053750.306.73$3,612
Dec 200616255356.656.92$13,003
Nov 200616156654.207.62$13,038
Oct 200616760254.906.01$12,789
Sep 200616755660.085.04$12,834
Aug 200616452268.717.34$15,100
Jul 200616749169.376.34$14,699
Jun 200616439266.286.38$13,372
May 200633341166.016.42$24,622
Apr 200630640864.397.36$22,706
Mar 200616838356.707.08$12,238
Feb 200616438257.597.75$12,406
Jan 200617044360.598.93$14,258
Dec 200515879454.9413.42$19,332
Nov 200516482054.6910.59$17,652
Oct 200516481258.3413.80$20,770
Sep 200516183561.4512.08$19,979
Aug 200516783861.519.80$18,482
Jul 20053321,07855.697.84$26,945
Jun 200516257452.337.38$12,714
May 200516353945.226.65$10,956
Apr 200516449849.207.36$11,734
Mar 200531832950.377.15$18,372
Feb 200515756245.226.31$10,647
Jan 200516068043.166.32$11,205
Dec 200415680639.866.75$11,660
Nov 200415981945.286.33$12,384
Oct 200432378849.706.52$21,187
Sep 200416079943.245.28$11,140
Aug 200432280342.375.55$18,100
Jul 200432274838.286.08$16,877
Jun 200431765736.106.43$15,670
May 200415956837.486.49$9,648
Apr 200431744634.475.86$13,540
Mar 200415544134.365.53$7,765
Feb 200432236332.455.51$12,449
Jan 200415938432.036.30$7,512
Dec 200316429130.266.30$6,796
Nov 200332323528.804.60$10,382
Oct 200316048928.174.76$6,835
Sep 200331964126.314.75$11,437
Aug 200332054429.765.13$12,314
Jul 200332071929.415.17$13,129
Jun 200331468428.565.98$13,060
May 200332070226.595.97$12,702
Apr 200316269026.675.41$8,052
Mar 200332777731.146.10$14,919
Feb 200331970433.487.93$16,260
Jan 200332577630.315.58$14,182
Dec 200231978226.914.85$12,380
Nov 200215662824.664.14$6,445
Oct 200232465626.464.23$11,347
Sep 200232149727.443.64$10,615
Aug 200231737225.963.16$9,406
Jul 200231769824.583.06$9,929
Jun 200215966623.733.34$5,996
May 200215954224.663.58$5,863
Apr 200216045523.653.51$5,382
Mar 200216255022.003.10$5,271
Feb 200216055118.222.38$4,224
Jan 200215558117.172.38$4,042
Dec 200115862316.932.36$4,148
Nov 200116277518.072.41$4,792
Oct 200116086019.782.53$5,340
Sep 200116262324.262.25$5,333
Aug 200115984524.873.05$6,534
Jul 200131589323.933.20$10,393
Jun 200115786024.563.82$7,145
May 200115983825.524.31$7,667
Apr 200115884724.685.34$8,418
Mar 200132365424.545.38$11,443
Feb 200115446327.755.77$6,944
Jan 200116079427.478.40$11,064
Dec 200015990626.889.12$12,539
Nov 200033084832.215.66$15,427
Oct 200016241431.235.15$7,190
Sep 200016282431.875.19$9,437
Aug 200016092929.644.54$8,961
Jul 20001611,04428.534.09$8,863
Jun 200031696329.304.40$13,493
May 200015784227.263.68$7,378
Apr 200032080324.513.12$10,345
Mar 200016389728.422.86$7,198
Feb 200032030227.622.73$9,662
Jan 200032179425.272.48$10,081
Dec 199932183624.282.42$9,820
Nov 199932388023.192.43$9,632
Oct 199931487920.982.80$9,052
Sep 19991561,01721.752.62$6,056
Aug 199931097219.262.88$8,766
Jul 199916096317.892.37$5,147
Jun 19991501,04815.942.36$4,866
May 199932087615.792.32$7,086
Apr 199931847915.102.21$5,859
Mar 199915798712.471.84$3,772
Feb 19993188569.981.82$4,730
Jan 199916585710.381.90$3,341
Dec 19981938309.201.77$3,247
Nov 199832678010.892.19$5,255
Oct 199815777912.421.97$3,484
Sep 199816391012.592.08$3,947
Aug 199831084711.301.91$5,119
Jul 199815562811.742.24$3,225
Jun 199831065311.242.24$4,945
May 199815983712.622.21$3,853
Apr 199831181813.042.51$6,105
Mar 19981611,03712.802.31$4,456
Feb 199831978913.952.30$6,264
Jan 199832581814.702.15$6,540
Dec 199716383216.322.41$4,666
Nov 199715859418.193.09$4,708
Oct 199731257919.253.15$7,830
Sep 199732474717.742.95$7,955
Aug 199715851617.862.55$4,140
Jul 199730535417.582.25$6,157
Jun 199730144817.242.26$6,200
May 199715330918.972.31$3,616
Apr 199730687817.882.08$7,300
Mar 199731288918.951.94$7,636
Feb 199730435620.492.21$7,014
Jan 199728828923.483.54$7,785
Dec 199631476923.32$7,322
Nov 199631780221.97$6,964
Oct 199631076123.31$7,226
Sep 199630971122.22$6,866
Aug 199632081020.26$6,483
Jul 199631781319.55$6,197
Jun 199632266918.73$6,031
May 199632150619.43$6,237
Apr 199632042321.51$6,883
Mar 199631548619.38$6,105
Feb 199631549116.98$5,349
Jan 199631773517.07$5,411
Dec 199548793117.19$8,372
Nov 199532374916.00$5,168
Oct 199548874415.43$7,530
Sep 199532279716.18$5,210
Aug 199532265115.92$5,126
Jul 19953184115.24$4,846
Jun 199531528916.41$5,169
May 199548278517.56$8,464
Apr 199547979717.73$8,493
Mar 199532073616.44$5,261
Feb 199547669516.58$7,892
Jan 199562773515.92$9,982
Dec 199464169015.03$9,634
Nov 199432268015.90$5,120
Oct 199432457115.58$5,048
Sep 199427843215.29$4,251
Aug 199416644016.13$2,678
Jul 199415746017.56$2,757
Jun 199415965217.09$2,717
May 199431861315.88$5,050
Apr 199416157914.14$2,277
Mar 199432150012.46$4,000
Feb 199416362212.50$2,038
Jan 199415765712.66$1,988
Dec 199331263512.33$3,847
Nov 199332256814.49$4,666
Oct 199333333015.85$5,278
Sep 199316333015.03$2,450
Aug 199332236715.66$5,043
Jul 199332770115.46$5,055
Jun 199332867216.79$5,507
May 199332666417.68$5,764
Apr 199348459918.05$8,736
Mar 199332661018.14$5,914
Feb 199333158717.90$5,925
Jan 199331859916.93$5,384

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                  163 bbl  × $106.41 =    $17,345
Casinghead gas       531 Mcf  × $  3.05 =     $1,617

────────────────────────────────────────────────────
Month total                                  $18,962

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. 10/O/1407 is the state's own key, not one this site invented.