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Texas gas well

Producing

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

7,153mcf gas, last 12 months+31% vs prior year
Operator
Formentera Operations LLC
County
Winkler County
Field
Kermit (McKee)
RRC lease
08-178577

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Where it sits

This county

Winkler CountyWinklerAndrewsWardLovingEctorWinkler County
Winkler County
Gas in Jul 2026
93 mcf
Reporting since
Jan 2020

Production by month

Gas output rose 31% over the last 12 months

  • Gas (bars)
  • Last 12 months
Gas output rose 31% over the last 12 monthsMonthly gas production for STATE-WALTON "E", Aug 2023 to Jul 2026. Gas output rose 31% over the last 12 months. 7,153 mcf in the 12 months through Jul 2026, against 5,468 mcf in the 12 months before.Last 12 months: 7,153 mcfmcf per month05001,0001,5002,000Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Gas output rose 31% over the last 12 monthsMonthly gas production for STATE-WALTON "E", Aug 2023 to Jul 2026. Gas output rose 31% over the last 12 months. 7,153 mcf in the 12 months through Jul 2026, against 5,468 mcf in the 12 months before.Last 12 monthsmcf per month05001,0001,5002,000Jan 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
42-495-3279437MShut-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 gasGathers100Apr 13, 2022–
Eastex Crude Company, LLCCondensateGathers100Apr 13, 2022Oct 1, 2023
Etc Texas P/L, LTDGas-well gasBuys100Apr 13, 2022Oct 1, 2023
Eastex Crude CompanyCondensateGathers100Jun 1, 2015Apr 13, 2022
Energy Transfer CompanyGas-well gasGathers50Jun 1, 2021Apr 13, 2022
Targa Midstream Services LLCGas-well gasGathers50Jun 1, 2021Apr 13, 2022
Energy Transfer CompanyGas-well gasBuys50Jun 1, 2021Apr 13, 2022

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
42-495-3279437M2,080

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

Unit decimal checker

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36 months, newest first

Ledger for STATE-WALTON "E"
MonthGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 2026Formentera Operations93930$80.46$2.89
Jun 2026Formentera Operations000$84.81$3.15
May 2026Formentera Operations93930$102.13$2.94
Apr 2026Formentera Operations1881880$100.32$2.77
Mar 2026Formentera Operations9659650$91.38$3.04
Feb 2026Formentera Operations8628620$64.51$3.62
Jan 2026Formentera Operations5405400$60.04$7.72
Dec 2025Formentera Operations1,0221,0220$57.97$4.26
Nov 2025Formentera Operations3813810$60.06$3.79
Oct 2025Formentera Operations1,0601,0600$60.89$3.19
Sep 2025Formentera Operations1,0831,0830$63.96$2.97
Aug 2025Formentera Operations8668660$64.86$2.91
Jul 2025Formentera Operations3793790$68.39$3.20
Jun 2025Formentera Operations1,1141,1140$68.17$3.02
May 2025Formentera Operations1,2651,2650$62.17$3.12
Apr 2025Formentera Operations41410$63.54$3.42
Mar 2025Formentera Operations000$68.24$4.12
Feb 2025Formentera Operations000$71.53$4.19
Jan 2025Formentera Operations1,0821,0820$75.74$4.13
Dec 2024Formentera Operations72720$70.12$3.01
Nov 2024Formentera Operations4084080$69.95$2.12
Oct 2024Formentera Operations2222220$71.99$2.20
Sep 2024Formentera Operations6476470$70.24$2.28
Aug 2024Formentera Operations2382380$76.68$1.99
Jul 2024Formentera Operations1531530$81.80$2.07
Jun 2024Formentera Operations79790$79.77$2.54
May 2024Formentera Operations1,3391,3390$80.02$2.12
Apr 2024Saddleback Exploration,1001000$85.35$1.60
Mar 2024Saddleback Exploration,1,0871,0870$81.28$1.49
Feb 2024Saddleback Exploration,6906900$77.25$1.72
Jan 2024Saddleback Exploration,3273270$74.15$3.18
Dec 2023Saddleback Exploration,1,3961,3960$71.90$2.52
Nov 2023Saddleback Exploration,4604600$77.69$2.71
Oct 2023Saddleback Exploration,7737730$85.64$2.98
Sep 2023Saddleback Exploration,1,2411,2410$89.43$2.64
Aug 2023Saddleback Exploration,9959950$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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Nearby

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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