WALKER "A"

Operated by SHENANDOAH PETROLEUM CORPORATION (P-5 775563) in the SILVER (CANYON) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 119268District 7CField 83594200CondensateGasSaveExport
Value, all time
$338 k
Jan 1993 – Apr 2015
Value, last 12 filed months
$2 k
at the published price for each month
Months reported
268
no gaps in the span
Streams
2
condensate, 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 22 leases and 24 wells, and the rule below applies to all of them.

Discovered
1981-08-15
as the register files it
Field class
Oil and gas
the register's own label
Between wells
no field rule filed
From a lease line
no field rule filed

The Commission's schedule remark for this field reads: ALLOCATION FORMULA 100% % DELIVERABILITY

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
CondensateDisposition169 bbl$3,404
GasProduction258,555 Mcf$334,384
Total$337,788

148,365 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.

Every month this lease reported (268)

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

268 months

Apr 20150049.822.71$0
Mar 201537042.892.93$1,587
Feb 20150044.662.98$0
Jan 20150043.433.10$0
Dec 20140054.693.59$0
Nov 20140070.464.25$0
Oct 20140078.303.90$0
Sep 20140086.164.05$0
Aug 20140089.394.04$0
Jul 20140096.564.18$0
Jun 20140098.164.74$0
May 20140094.734.73$0
Apr 20140095.944.81$0
Mar 20140095.895.06$0
Feb 20140097.406.19$0
Jan 20140090.404.86$0
Dec 20130091.824.35$0
Nov 20130088.853.74$0
Oct 20130097.423.78$0
Sep 201300104.113.72$0
Aug 201300104.253.52$0
Jul 201300102.523.72$0
Jun 20130094.403.93$0
May 20130094.834.15$0
Apr 20130093.964.28$0
Mar 20130093.623.91$0
Feb 20130091.233.42$0
Jan 20130091.603.42$0
Dec 20120086.773.42$0
Nov 20120086.953.62$0
Oct 20120089.383.40$0
Sep 20120094.672.92$0
Aug 20120092.662.91$0
Jul 20120085.133.02$0
Jun 20120079.822.52$0
May 20120091.612.49$0
Apr 201200101.652.00$0
Mar 201200105.052.22$0
Feb 201200101.102.57$0
Jan 20120098.092.73$0
Dec 20110096.873.24$0
Nov 20110095.723.31$0
Oct 20110084.983.65$0
Sep 20110083.623.99$0
Aug 20110083.404.15$0
Jul 20110094.144.52$0
Jun 20110092.904.64$0
May 20110098.134.40$0
Apr 201100105.964.33$0
Mar 20110096.364.06$0
Feb 20110085.644.18$0
Jan 20110086.504.59$0
Dec 20100085.734.35$0
Nov 20100080.843.80$0
Oct 20100078.103.51$0
Sep 20100072.633.98$0
Aug 20100073.684.42$0
Jul 20100072.554.74$0
Jun 20100070.364.91$0
May 20100071.124.24$0
Apr 20100081.694.12$0
Mar 20100078.394.39$0
Feb 20100073.585.44$0
Jan 20100074.365.96$0
Dec 20090071.445.48$0
Nov 20090074.593.75$0
Oct 20090072.544.11$0
Sep 20090065.543.06$0
Aug 20090067.423.22$0
Jul 20090061.133.46$0
Jun 20090066.163.90$0
May 20090054.743.93$0
Apr 20090046.773.59$0
Mar 20090042.144.06$0
Feb 20090032.814.63$0
Jan 20090035.865.37$0
Dec 20080037.105.98$0
Nov 20080055.496.86$0
Oct 20080075.246.92$0
Sep 200800101.767.88$0
Aug 200800114.228.48$0
Jul 200800131.0811.39$0
Jun 200800131.3313.03$0
May 200800123.1711.57$0
Apr 200800110.3110.45$0
Mar 200800101.909.66$0
Feb 20080092.538.77$0
Jan 20080090.388.21$0
Dec 20070088.337.30$0
Nov 20070091.677.29$0
Oct 20070082.856.92$0
Sep 20070075.846.24$0
Aug 20070069.066.39$0
Jul 20070070.906.39$0
Jun 20070062.007.55$0
May 20070058.747.85$0
Apr 20070059.617.81$0
Mar 20070056.927.30$0
Feb 20070055.108.22$0
Jan 20070050.306.73$0
Dec 20060056.656.92$0
Nov 20060054.207.62$0
Oct 20060054.906.01$0
Sep 20060060.085.04$0
Aug 20060068.717.34$0
Jul 20060069.376.34$0
Jun 20060066.286.38$0
May 20060066.016.42$0
Apr 20060064.397.36$0
Mar 20060056.707.08$0
Feb 20060057.597.75$0
Jan 20060060.598.93$0
Dec 20050054.9413.42$0
Nov 20050054.6910.59$0
Oct 20050058.3413.80$0
Sep 20050061.4512.08$0
Aug 20050061.519.80$0
Jul 20050055.697.84$0
Jun 20050052.337.38$0
May 20050045.226.65$0
Apr 20050049.207.36$0
Mar 20050050.377.15$0
Feb 20050045.226.31$0
Jan 20050043.166.32$0
Dec 20040039.866.75$0
Nov 20040045.286.33$0
Oct 20040049.706.52$0
Sep 20040043.245.28$0
Aug 20040042.375.55$0
Jul 20040038.286.08$0
Jun 20040036.106.43$0
May 20040037.486.49$0
Apr 20040034.475.86$0
Mar 20040034.365.53$0
Feb 20040032.455.51$0
Jan 20040032.036.30$0
Dec 20030030.266.30$0
Nov 20030028.804.60$0
Oct 20030028.174.76$0
Sep 20030026.314.75$0
Aug 20030029.765.13$0
Jul 20030029.415.17$0
Jun 20030028.565.98$0
May 20030026.595.97$0
Apr 20030026.675.41$0
Mar 20030031.146.10$0
Feb 20030033.487.93$0
Jan 20030030.315.58$0
Dec 20020526.914.85$24
Nov 20020324.664.14$12
Oct 20020026.464.23$0
Sep 20020027.443.64$0
Aug 200203825.963.16$120
Jul 20020024.583.06$0
Jun 2002015023.733.34$501
May 200209424.663.58$337
Apr 20020023.653.51$0
Mar 20020022.003.10$0
Feb 20020018.222.38$0
Jan 20020017.172.38$0
Dec 20010416.932.36$9
Nov 200102118.072.41$51
Oct 20010819.782.53$20
Sep 20010024.262.25$0
Aug 200101,47524.873.05$4,503
Jul 200101,66123.933.20$5,310
Jun 200101,63324.563.82$6,245
May 200101,65125.524.31$7,111
Apr 200101,62424.685.34$8,665
Mar 200101,62524.545.38$8,737
Feb 2001095227.755.77$5,490
Jan 200101,78327.478.40$14,975
Dec 200001,57326.889.12$14,350
Nov 200001,75332.215.66$9,918
Oct 200001,86731.235.15$9,607
Sep 200001,81731.875.19$9,424
Aug 200001,91329.644.54$8,686
Jul 200001,89328.534.09$7,742
Jun 200001,82129.304.40$8,007
May 200001,69927.263.68$6,252
Apr 200001,99624.513.12$6,220
Mar 200001,95528.422.86$5,591
Feb 200001,90127.622.73$5,183
Jan 200002,00525.272.48$4,973
Dec 199902,14624.282.42$5,201
Nov 199902,04823.192.43$4,985
Oct 199902,12320.982.80$5,952
Sep 199902,04821.752.62$5,363
Aug 199901,96819.262.88$5,659
Jul 199902,19017.892.37$5,195
Jun 199902,19715.942.36$5,190
May 199901,90615.792.32$4,424
Apr 199901,78115.102.21$3,933
Mar 199901,99112.471.84$3,660
Feb 199902,0569.981.82$3,737
Jan 199902,33710.381.90$4,440
Dec 199802,2499.201.77$3,988
Nov 199802,09010.892.19$4,568
Oct 199802,19812.421.97$4,328
Sep 199802,11212.592.08$4,398
Aug 199802,23411.301.91$4,261
Jul 199803,21311.742.24$7,188
Jun 199801,70611.242.24$3,817
May 199801,80712.622.21$3,987
Apr 199801,63813.042.51$4,104
Mar 1998521,60712.802.31$4,377
Feb 199801,77713.952.30$4,086
Jan 199802,42114.702.15$5,217
Dec 1997049516.322.41$1,193
Nov 199702,00718.193.09$6,198
Oct 199702,12419.253.15$6,690
Sep 199702,10217.742.95$6,211
Aug 199701,95417.862.55$4,992
Jul 199702,24117.582.25$5,035
Jun 199702,15017.242.26$4,853
May 199702,35518.972.31$5,437
Apr 199703,02217.882.08$6,294
Mar 199702,35518.951.94$4,567
Feb 199702,17820.492.21$4,804
Jan 199702,44423.483.54$8,651
Dec 199602,46123.32$0
Nov 199602,46621.97$0
Oct 199602,60523.31$0
Sep 199603,03422.22$0
Aug 199602,58020.26$0
Jul 199602,51619.55$0
Jun 199602,48618.73$0
May 199602,49819.43$0
Apr 199602,45121.51$0
Mar 199602,58419.38$0
Feb 199602,38916.98$0
Jan 199602,70017.07$0
Dec 199502,91517.19$0
Nov 199502,48816.00$0
Oct 199502,96815.43$0
Sep 199502,97216.18$0
Aug 199503,20915.92$0
Jul 199503,17115.24$0
Jun 199503,04116.41$0
May 199503,24617.56$0
Apr 199503,14717.73$0
Mar 199503,23716.44$0
Feb 199503,01016.58$0
Jan 199503,02615.92$0
Dec 199403,11615.03$0
Nov 199403,15815.90$0
Oct 199403,57815.58$0
Sep 199403,40915.29$0
Aug 199402,38416.13$0
Jul 199403,20317.56$0
Jun 199403,45017.09$0
May 199403,54115.88$0
Apr 199403,48914.14$0
Mar 199403,24612.46$0
Feb 199443,02812.50$50
Jan 199403,47712.66$0
Dec 199303,60512.33$0
Nov 1993763,40214.49$1,101
Oct 199303,50015.85$0
Sep 199303,14915.03$0
Aug 199303,77115.66$0
Jul 199303,12015.46$0
Jun 199303,76216.79$0
May 199302,64817.68$0
Apr 199303,47218.05$0
Mar 199303,85518.14$0
Feb 199303,82517.90$0
Jan 199303,97716.93$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.

Mar 2015 — as filed, then multipliedworked
Condensate            37 bbl  × $ 42.89 =     $1,587
Gas                    0 Mcf  × $  2.93 =         $0

────────────────────────────────────────────────────
Month total                                   $1,587

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. 7C/G/119268 is the state's own key, not one this site invented.