Skip to content
Royalty Clerk

Texas gas well

No report in 6+ months

STATE WALTON

State Walton is a gas well in Winkler County, Texas, operated by Formentera Operations LLC in the Kermit (Yates) field.

1 well

30mcf gas, last 12 months
Operator
Formentera Operations LLC
County
Winkler County
Field
Kermit (Yates)
RRC lease
08-131342

Is your check right?

Check my statement

Where it sits

This county

Winkler CountyWinklerAndrewsWardLovingEctorWinkler County
Winkler County
Gas in Apr 2025
30 mcf
Reporting since
Jan 2020

Checks stopped on this lease?

  • Sales

    No sales reported for the last 12 months of state data (through Jul 2026).

  • Wells

    The one well on this lease is marked plugged.

SourceRailroad Commission production, P-5 and P-4 records, data through Jul 2026.

See why checks stop on this lease

Production by month

Gas output over the last 12 months

  • Gas (bars)
  • Last 12 months
Gas output over the last 12 monthsMonthly gas production for STATE WALTON, May 2022 to Apr 2025. Gas output over the last 12 months. 30 mcf in the 12 months through Apr 2025, against 0 mcf in the 12 months before.Last 12 months: 30 mcfmcf per month020406080Jul 22OctJan 23AprJulOctJan 24AprJulOctJan 25Apr
Gas output over the last 12 monthsMonthly gas production for STATE WALTON, May 2022 to Apr 2025. Gas output over the last 12 months. 30 mcf in the 12 months through Apr 2025, against 0 mcf in the 12 months before.Last 12 monthsmcf per month020406080Jul 22Jan 23JulJan 24JulJan 25

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

89% of the gas went to a transmission line in the 7 months reported

Flaring peaked at 100.0% of the gas in Apr 2025.

  • Transmission line (2)
  • Flared (4)
89% of the gas went to a transmission line in the 7 months reportedShare of STATE WALTON gas by disposition code each month, May 2022 to Apr 2025. 89% of the gas went to a transmission line in the 7 months reported. Flaring peaked at 100.0% of the gas in Apr 2025.Share of the lease’s gas by disposition code, per month0%50%100%Flared 100.0%Jul 22OctJan 23AprJulOctJan 24AprJulOctJan 25Apr
89% of the gas went to a transmission line in the 7 months reportedShare of STATE WALTON gas by disposition code each month, May 2022 to Apr 2025. 89% of the gas went to a transmission line in the 7 months reported. Flaring peaked at 100.0% of the gas in Apr 2025.Share of gas by disposition code0%50%100%Flared 100.0%Jul 22Jan 23JulJan 24JulJan 25

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

  • Transmission line (2)

    89% · 238 mcf

  • Flared (4)

    11% · 30 mcf

11.2% of the gas flared in the 7 months reported. One month above 3%.

Who has run this lease

The operator changed 2 times, most recently in May 2024

Operators of this lease over timeBlackbeard Operating, LLC, Jan 2020 to May 2021; Saddleback Exploration, LLC, Jun 2021 to Apr 2024; Formentera Operations LLC, May 2024 to Apr 2025202020212022202320242025Changed Jun 2021Changed May 2024Blackbeard Operating, LLCJan 2020 to May 2021Saddleback Exploration, LLCJun 2021 to Apr 2024Formentera Operations LLCMay 2024 to now
Operators of this lease over timeBlackbeard Operating, LLC, Jan 2020 to May 2021; Saddleback Exploration, LLC, Jun 2021 to Apr 2024; Formentera Operations LLC, May 2024 to Apr 2025202020212022202320242025Changed Jun 2021Changed May 2024Blackbeard Operating, LLCJan 2020 to May 2021Saddleback Exploration, LLCJun 2021 to Apr 2024Formentera Operations LLCMay 2024 to now

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

1 well on this lease

Wells on STATE WALTON
API numberWell no.Status
42-495-3223787Active

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%FromUntil
Eastex Crude Company, LLCCondensateGathers100Oct 1, 2023–
Et Gathering & Processing LLCGas-well gasBuys100Oct 1, 2023–
Energy Transfer CompanyGas-well gasGathers100Oct 1, 2023–
Eastex Crude Company, LLCCondensateGathers100Dec 21, 2022Oct 1, 2023
Energy Transfer CompanyGas-well gasGathers50Jun 1, 2021Oct 1, 2023
Targa Midstream Services LLCGas-well gasGathers50Jun 1, 2021Oct 1, 2023
Etc Texas P/L, LTDGas-well gasBuys50Apr 13, 2022Oct 1, 2023
Targa Midstream Services LLCGas-well gasBuys50Jun 1, 2021Oct 1, 2023
Eastex Crude CompanyCondensateGathers100Jun 1, 2021Dec 21, 2022

SourceRailroad Commission Form P-4 file, Sep 24, 2026 (source).

Who buys my oilOil price check

2,240 acres on the newest permit

  • Good to know

    All listed wells are plugged

    The RRC wellbore records mark all listed wells as plugged. These records do not show whether earlier royalties remain payable. Ask the payor about any unpaid months.

Check your decimal on this lease
Permits for State Walton
API numberWell no.Acreson the permit
42-495-32237872,240

SourceRailroad Commission drilling permits, Oct 3, 2026 (source 1, source 2).

Unit decimal checker

Estimate your royalty

36 months, newest first

Ledger for STATE WALTON
MonthGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Apr 2025Formentera Operations30030$63.54$3.42
Mar 2025Formentera Operations000$68.24$4.12
Feb 2025Formentera Operations000$71.53$4.19
Jan 2025Formentera Operations000$75.74$4.13
Dec 2024Formentera Operations000$70.12$3.01
Nov 2024Formentera Operations000$69.95$2.12
Oct 2024Formentera Operations000$71.99$2.20
Sep 2024Formentera Operations000$70.24$2.28
Aug 2024Formentera Operations000$76.68$1.99
Jul 2024Formentera Operations000$81.80$2.07
Jun 2024Formentera Operations000$79.77$2.54
May 2024Formentera Operations000$80.02$2.12
Apr 2024Saddleback Exploration,000$85.35$1.60
Mar 2024Saddleback Exploration,000$81.28$1.49
Feb 2024Saddleback Exploration,000$77.25$1.72
Jan 2024Saddleback Exploration,000$74.15$3.18
Dec 2023Saddleback Exploration,000$71.90$2.52
Nov 2023Saddleback Exploration,000$77.69$2.71
Oct 2023Saddleback Exploration,000$85.64$2.98
Sep 2023Saddleback Exploration,000$89.43$2.64
Aug 2023Saddleback Exploration,000$81.39$2.58
Jul 2023Saddleback Exploration,000$76.07$2.55
Jun 2023Saddleback Exploration,000$70.25$2.18
May 2023Saddleback Exploration,000$71.58$2.15
Apr 2023Saddleback Exploration,000$79.45$2.16
Mar 2023Saddleback Exploration,000$73.28$2.31
Feb 2023Saddleback Exploration,000$76.83$2.38
Jan 2023Saddleback Exploration,000$78.12$3.27
Dec 2022Saddleback Exploration,000$76.44$5.53
Nov 2022Saddleback Exploration,000$84.37$5.45
Oct 2022Saddleback Exploration,660$87.55$5.66
Sep 2022Saddleback Exploration,30300$84.26$7.88
Aug 2022Saddleback Exploration,32320$93.67$8.81
Jul 2022Saddleback Exploration,60600$101.62$7.28
Jun 2022Saddleback Exploration,53530$114.84$7.70
May 2022Saddleback Exploration,57570$109.55$8.14

Flared above 3%

SourceTexas Railroad Commission Production Data Query, through Jul 2026. Prices: EIA, through Aug 2026. Updated Oct 2, 2026.

How to check your stub against this lease Checks stopped on this lease? See the likely reasons

Do your checks match this lease?

Check my statement

Nearby

This lease belongs to

OperatorFormentera Operations LLCFieldKermit (Yates)CountyWinkler County

Formentera Operations LLC in Winkler County

All Formentera Operations LLC leases →

Kermit (Yates) field

All leases in this field →

Leases within 10 km

Drilling permits within 10 km