JOE FALLS

Operated by WALKER OIL AND GAS LTD (P-5 892004) in the SHARON RIDGE (CLEAR FORK) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 71207District 8AField 82710166OilSave
Value, all time
$313 k
Apr 2022 – May 2026
Value, last 12 filed months
$55 k
at the published price for each month
Months reported
50
no gaps in the span
Streams
1
oil

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
OilDisposition4,038 bbl$312,681
Total$312,681

Wells on this lease (6)

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 32.5964, -101.0206. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.9 miles.

32.59878, -101.02084 · 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
0.0%
0 of 6 wells
With a plug date
0.0%
0 of 6 wells
Median depth
2,423 ft
6 wells filed one
Completion to plug
no well filed both dates

What the state filed about each well

On the RRC proration schedule
00.0%
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.
6100.0%

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 2,283 and 3,226 ft, median 2,423 ft, over the 6 wells that filed a depth.

Completions filed
Apr 1981 – Dec 1984
6 of 6 wells

6 wells

42-4153240252,295 ftDec 1984
42-4153230842,283 ftNov 1982
42-4153225312,302 ftJul 1982
42-4153229332,938 ftJun 1982
42-4153226922,543 ftMay 1982
42-4153187463,226 ftApr 1981

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 (50)

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

50 months

May 202671106.413.05$7,555
Apr 2026098.932.87$0
Mar 202610489.753.15$9,334
Feb 2026063.503.75$0
Jan 202616659.138.00$9,816
Dec 2025056.664.41$0
Nov 202516658.593.93$9,726
Oct 20254059.383.30$2,375
Sep 20256262.743.08$3,890
Aug 20258463.933.01$5,370
Jul 20256366.743.32$4,205
Jun 20254466.483.13$2,925
May 20259660.553.23$5,813
Apr 20259762.363.54$6,049
Mar 202510167.704.27$6,838
Feb 2025070.884.34$0
Jan 202517374.324.28$12,857
Dec 20245568.993.12$3,794
Nov 20247669.052.20$5,248
Oct 20248371.372.28$5,924
Sep 20247169.612.36$4,942
Aug 20248175.632.06$6,126
Jul 20245379.932.15$4,236
Jun 20249678.082.63$7,496
May 202412878.812.20$10,088
Apr 202416984.451.66$14,272
Mar 20242880.301.55$2,248
Feb 202413176.091.78$9,968
Jan 202416873.023.30$12,267
Dec 2023071.262.61$0
Nov 20235377.892.81$4,128
Oct 202312285.443.09$10,424
Sep 2023089.042.74$0
Aug 2023080.522.67$0
Jul 202315874.852.64$11,826
Jun 20237468.962.26$5,103
May 20235670.622.23$3,955
Apr 20239178.122.24$7,109
Mar 20237872.852.39$5,682
Feb 202310675.112.47$7,962
Jan 20239876.533.39$7,500
Dec 20225576.415.73$4,203
Nov 202214085.005.65$11,900
Oct 20226287.185.86$5,405
Sep 20228884.888.16$7,469
Aug 202217194.529.13$16,163
Jul 202256101.587.54$5,688
Jun 202253115.097.98$6,100
May 2022171109.378.43$18,702
Apr 20220104.226.84$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                   71 bbl  × $106.41 =     $7,555

────────────────────────────────────────────────────
Month total                                   $7,555

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. 8A/O/71207 is the state's own key, not one this site invented.