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Texas gas well

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STATE-WALTON "E"

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

1 well

7,078mcf gas, last 12 months−60% vs prior year
Operator
Formentera Operations LLC
County
Winkler County
Field
Kermit (McKee)
RRC lease
08-159640

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Where it sits

This county

Winkler CountyWinklerAndrewsWardLovingEctorWinkler County
Winkler County
Oil, last 12 months
415 bbl
Gas in Jul 2026
0 mcf

Production by month

Gas output fell 60% over the last 12 months

  • Gas (bars)
  • Oil (line)
  • Last 12 months
Gas output fell 60% over the last 12 monthsMonthly gas production and oil for STATE-WALTON "E", Aug 2023 to Jul 2026. Gas output fell 60% over the last 12 months. 7,078 mcf in the 12 months through Jul 2026, against 17,524 mcf in the 12 months before.Last 12 months: 7,078 mcfmcf per monthbbl per month001,000502,0001003,0001504,000200Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Gas output fell 60% over the last 12 monthsMonthly gas production and oil for STATE-WALTON "E", Aug 2023 to Jul 2026. Gas output fell 60% over the last 12 months. 7,078 mcf in the 12 months through Jul 2026, against 17,524 mcf in the 12 months before.Last 12 monthsmcf per monthbbl per month001,000502,0001003,0001504,000200Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

All of the gas went to a transmission line in the last 12 months

All of the gas went to a transmission line in the last 12 monthsShare of STATE-WALTON "E" gas by disposition code each month, Aug 2023 to Jul 2026. All of the gas went to a transmission line in the last 12 months.Share of the lease’s gas by disposition code, per month0%50%100%Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
All of the gas went to a transmission line in the last 12 monthsShare of STATE-WALTON "E" gas by disposition code each month, Aug 2023 to Jul 2026. All of the gas went to a transmission line in the last 12 months.Share of gas by disposition code0%50%100%Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

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 Jul 20262020202120222023202420252026Changed 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 Jul 20262020202120222023202420252026Changed 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 "E"
API numberWell no.Status
42-495-0317727Shut-in

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 gasGathers100Jan 1, 2023–
Eastex Crude Company, LLCCondensateGathers100Jan 1, 2023Oct 1, 2023
Etc Texas P/L, LTDGas-well gasBuys100Jan 1, 2023Oct 1, 2023
Eastex Crude CompanyCondensateGathers100Jun 1, 2015Jan 1, 2023
Energy Transfer CompanyGas-well gasGathers50Jun 1, 2021Jan 1, 2023
Targa Midstream Services LLCGas-well gasGathers50Jun 1, 2021Jan 1, 2023
Etc Texas P/L, LTDGas-well gasBuys50Apr 13, 2022Jan 1, 2023

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

Who buys my oilOil price check

2,080 acres on the newest permit

Permits for State-Walton "E"
API numberWell no.Acreson the permit
42-495-03177272,080

SourceRailroad Commission drilling permits, Sep 26, 2026 (source 1, source 2).

Unit decimal checker

Estimate your royalty

36 months, newest first

Ledger for STATE-WALTON "E"
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 2026Formentera Operations00000$80.46$2.89
Jun 2026Formentera Operations00000$84.81$3.15
May 2026Formentera Operations00000$102.13$2.94
Apr 2026Formentera Operations00000$100.32$2.77
Mar 2026Formentera Operations23591851850$91.38$3.04
Feb 2026Formentera Operations461841461460$64.51$3.62
Jan 2026Formentera Operations5308238230$60.04$7.72
Dec 2025Formentera Operations5401,4941,4940$57.97$4.26
Nov 2025Formentera Operations771911,2461,2460$60.06$3.79
Oct 2025Formentera Operations5301,5081,5080$60.89$3.19
Sep 2025Formentera Operations5508378370$63.96$2.97
Aug 2025Formentera Operations5408398390$64.86$2.91
Jul 2025Formentera Operations481571,4901,4900$68.39$3.20
Jun 2025Formentera Operations5101,8971,8970$68.17$3.02
May 2025Formentera Operations5701,6441,6440$62.17$3.12
Apr 2025Formentera Operations541471571570$63.54$3.42
Mar 2025Formentera Operations600000$68.24$4.12
Feb 2025Formentera Operations58162000$71.53$4.19
Jan 2025Formentera Operations6601,7071,7070$75.74$4.13
Dec 2024Formentera Operations6202,6532,6530$70.12$3.01
Nov 2024Formentera Operations551821,8851,8850$69.95$2.12
Oct 2024Formentera Operations5302,3292,3290$71.99$2.20
Sep 2024Formentera Operations7801,8421,8420$70.24$2.28
Aug 2024Formentera Operations571331,9201,9200$76.68$1.99
Jul 2024Formentera Operations13302,3182,3180$81.80$2.07
Jun 2024Formentera Operations00000$79.77$2.54
May 2024Formentera Operations00000$80.02$2.12
Apr 2024Saddleback Exploration,00000$85.35$1.60
Mar 2024Saddleback Exploration,00000$81.28$1.49
Feb 2024Saddleback Exploration,00000$77.25$1.72
Jan 2024Saddleback Exploration,00000$74.15$3.18
Dec 2023Saddleback Exploration,00000$71.90$2.52
Nov 2023Saddleback Exploration,00000$77.69$2.71
Oct 2023Saddleback Exploration,00000$85.64$2.98
Sep 2023Saddleback Exploration,00000$89.43$2.64
Aug 2023Saddleback Exploration,00000$81.39$2.58

SourceTexas Railroad Commission Production Data Query, through Jul 2026. Prices: EIA, through Aug 2026. Updated Sep 28, 2026.

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This lease belongs to

OperatorFormentera Operations LLCFieldKermit (McKee)CountyWinkler County

Formentera Operations LLC in Winkler County

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Kermit (McKee) field

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