WALKER, G. B.

Name: WALKER, G. B. lease production and value, Jan 1993 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

Operated by ITX CORPORATION (P-5 427179) in the VEALE (MARBLE FALLS) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 76044District 7BField 93294500NGPA filingCondensateGasSave Export

Value, all time

$353 k

Jan 1993 – Jun 2002

Value, last 12 filed months

$19 k

at the published price for each month

Months reported

114

no gaps in the span

Streams

condensate, gas

The VEALE (MARBLE FALLS) field

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 24 leases and 33 wells, and the rule below applies to all of them.

Discovered

1971-02-26

as the register files it

Field class

Oil and gas

the register's own label

Between wells

933 ft

minimum

From a lease line

467 ft

minimum

A drilling unit in this field needs at least 40 acres. The field rule took effect on 1972-07-10.

The Commission's schedule remark for this field reads: “PER DOCKET 7B-61993 EFF 7-10-72, FIELD RULES ADOPTED.”

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.

Programme	Filings	With an approval date	Dated	Docket
NGPA	1	none	—	—

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.

Stream	Basis	Volume	Value
Condensate	Disposition	12,530 bbl	$229,996
Gas	Production	143,473 Mcf	$123,001
Total			$352,998

98,968 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 (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 32.7385, -98.7552. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.73847, -98.75517 · centre of the wells drawn, derived⌘ or Ctrl + scroll to zoom

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

0.0%

0 of 1 wells

Median depth

4,040 ft

1 wells filed one

Completion to plug

—

no well filed both dates

What the state filed about each well

On the RRC proration schedule

1100.0%

A plug date is filed

00.0%

BothOn the schedule and plugged. Neither fact cancels the other.

00.0%

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 4,040 ft.

Completions filed

Feb 1984

1 of 1 wells

1 well


42-42930129	12	4,040 ft	Feb 1984	—	Yes

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 (114)

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

114 months


Jun 2002	0	0	23.73	3.34	$0
May 2002	0	0	24.66	3.58	$0
Apr 2002	58	0	23.65	3.51	$1,372
Mar 2002	65	0	22.00	3.10	$1,430
Feb 2002	66	341	18.22	2.38	$2,013
Jan 2002	65	350	17.17	2.38	$1,948
Dec 2001	129	95	16.93	2.36	$2,409
Nov 2001	0	94	18.07	2.41	$226
Oct 2001	65	293	19.78	2.53	$2,027
Sep 2001	65	422	24.26	2.25	$2,527
Aug 2001	117	296	24.87	3.05	$3,814
Jul 2001	0	267	23.93	3.20	$854
Jun 2001	125	501	24.56	3.82	$4,986
May 2001	63	457	25.52	4.31	$3,576
Apr 2001	64	502	24.68	5.34	$4,258
Mar 2001	65	505	24.54	5.38	$4,310
Feb 2001	133	444	27.75	5.77	$6,251
Jan 2001	133	472	27.47	8.40	$7,618
Dec 2000	131	507	26.88	9.12	$8,146
Nov 2000	135	444	32.21	5.66	$6,861
Oct 2000	0	137	31.23	5.15	$705
Sep 2000	38	197	31.87	5.19	$2,233
Aug 2000	63	459	29.64	4.54	$3,952
Jul 2000	128	570	28.53	4.09	$5,983
Jun 2000	65	466	29.30	4.40	$3,954
May 2000	67	254	27.26	3.68	$2,761
Apr 2000	126	722	24.51	3.12	$5,338
Mar 2000	196	812	28.42	2.86	$7,892
Feb 2000	134	779	27.62	2.73	$5,825
Jan 2000	135	726	25.27	2.48	$5,212
Dec 1999	66	697	24.28	2.42	$3,292
Nov 1999	133	651	23.19	2.43	$4,669
Oct 1999	62	609	20.98	2.80	$3,008
Sep 1999	126	459	21.75	2.62	$3,943
Aug 1999	65	371	19.26	2.88	$2,319
Jul 1999	130	881	17.89	2.37	$4,416
Jun 1999	66	872	15.94	2.36	$3,112
May 1999	131	1,261	15.79	2.32	$4,995
Apr 1999	67	1,427	15.10	2.21	$4,163
Mar 1999	136	1,374	12.47	1.84	$4,222
Feb 1999	68	1,419	9.98	1.82	$3,258
Jan 1999	136	1,521	10.38	1.90	$4,302
Dec 1998	67	1,604	9.20	1.77	$3,461
Nov 1998	68	1,442	10.89	2.19	$3,892
Oct 1998	66	1,369	12.42	1.97	$3,516
Sep 1998	0	675	12.59	2.08	$1,406
Aug 1998	120	680	11.30	1.91	$2,653
Jul 1998	0	299	11.74	2.24	$669
Jun 1998	155	713	11.24	2.24	$3,337
May 1998	0	712	12.62	2.21	$1,571
Apr 1998	75	549	13.04	2.51	$2,353
Mar 1998	144	598	12.80	2.31	$3,224
Feb 1998	0	591	13.95	2.30	$1,359
Jan 1998	178	942	14.70	2.15	$4,646
Dec 1997	0	843	16.32	2.41	$2,033
Nov 1997	97	928	18.19	3.09	$4,630
Oct 1997	0	1,006	19.25	3.15	$3,169
Sep 1997	192	1,234	17.74	2.95	$7,052
Aug 1997	100	848	17.86	2.55	$3,952
Jul 1997	107	755	17.58	2.25	$3,578
Jun 1997	0	861	17.24	2.26	$1,943
May 1997	112	818	18.97	2.31	$4,013
Apr 1997	106	1,087	17.88	2.08	$4,159
Mar 1997	232	1,181	18.95	1.94	$6,687
Feb 1997	0	1,051	20.49	2.21	$2,318
Jan 1997	227	1,065	23.48	3.54	$9,100
Dec 1996	200	985	23.32	—	$4,664
Nov 1996	0	821	21.97	—	$0
Oct 1996	169	1,440	23.31	—	$3,939
Sep 1996	0	1,401	22.22	—	$0
Aug 1996	71	1,446	20.26	—	$1,438
Jul 1996	0	1,382	19.55	—	$0
Jun 1996	161	1,063	18.73	—	$3,016
May 1996	148	1,956	19.43	—	$2,876
Apr 1996	140	1,709	21.51	—	$3,011
Mar 1996	143	2,193	19.38	—	$2,771
Feb 1996	130	2,135	16.98	—	$2,207
Jan 1996	122	2,107	17.07	—	$2,083
Dec 1995	136	2,181	17.19	—	$2,338
Nov 1995	262	2,083	16.00	—	$4,192
Oct 1995	0	2,226	15.43	—	$0
Sep 1995	132	2,068	16.18	—	$2,136
Aug 1995	241	2,323	15.92	—	$3,837
Jul 1995	67	2,552	15.24	—	$1,021
Jun 1995	125	2,107	16.41	—	$2,051
May 1995	115	2,211	17.56	—	$2,019
Apr 1995	122	2,379	17.73	—	$2,163
Mar 1995	121	2,179	16.44	—	$1,989
Feb 1995	136	1,588	16.58	—	$2,255
Jan 1995	287	2,159	15.92	—	$4,569
Dec 1994	144	2,039	15.03	—	$2,164
Nov 1994	289	1,918	15.90	—	$4,595
Oct 1994	141	2,031	15.58	—	$2,197
Sep 1994	289	2,222	15.29	—	$4,419
Aug 1994	145	2,315	16.13	—	$2,339
Jul 1994	183	2,567	17.56	—	$3,213
Jun 1994	170	2,249	17.09	—	$2,905
May 1994	189	2,273	15.88	—	$3,001
Apr 1994	0	2,993	14.14	—	$0
Mar 1994	84	1,430	12.46	—	$1,047
Feb 1994	188	2,277	12.50	—	$2,350
Jan 1994	243	2,414	12.66	—	$3,076
Dec 1993	256	2,447	12.33	—	$3,156
Nov 1993	140	2,085	14.49	—	$2,029
Oct 1993	121	2,589	15.85	—	$1,918
Sep 1993	216	2,607	15.03	—	$3,246
Aug 1993	113	2,548	15.66	—	$1,770
Jul 1993	111	1,890	15.46	—	$1,716
Jun 1993	235	2,293	16.79	—	$3,946
May 1993	120	2,343	17.68	—	$2,122
Apr 1993	128	2,268	18.05	—	$2,310
Mar 1993	110	2,161	18.14	—	$1,995
Feb 1993	224	2,190	17.90	—	$4,010
Jan 1993	0	2,125	16.93	—	$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.

Apr 2002 — as filed, then multipliedworked

Condensate            58 bbl  × $ 23.65 =     $1,372
Gas                    0 Mcf  × $  3.51 =         $0

────────────────────────────────────────────────────
Month total                                   $1,372

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. 7B/G/76044 is the state's own key, not one this site invented.