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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.

Gas well dossier

5,426mcf gas, last 12 months+23% vs prior year
RRC lease
08-202802

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Where it sits

This county

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

Checks stopped on this lease?

  • Sales

    Sales over the last 3 months fell to 4% of the 9 months before.

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 rose 23% over the last 12 months

  • Gas (bars)
  • Last 12 months
Gas output rose 23% over the last 12 monthsMonthly gas production for STATE WALTON -E-, Aug 2023 to Jul 2026. Gas output rose 23% over the last 12 months. 5,426 mcf in the 12 months through Jul 2026, against 4,395 mcf in the 12 months before.Last 12 months: 5,426 mcfmcf per month02505007501,0001,250Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Gas output rose 23% over the last 12 monthsMonthly gas production for STATE WALTON -E-, Aug 2023 to Jul 2026. Gas output rose 23% over the last 12 months. 5,426 mcf in the 12 months through Jul 2026, against 4,395 mcf in the 12 months before.Last 12 monthsmcf per month02505007501,0001,250Jan 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.

Wells on this lease

No wells are linked to this lease in our data

Production is still reported at lease level.

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).

2,080 acres on the newest permit

Permits for State Walton -E-
API numberWell no.Acreson the permit
42-495-3207634M2,080

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

Estimate your royalty

36 months, newest first

Ledger for STATE WALTON -E-
MonthGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 2026Formentera Operations36360$80.46$2.89
Jun 2026Formentera Operations000$84.81$3.15
May 2026Formentera Operations36360$102.13$2.94
Apr 2026Formentera Operations72720$100.32$2.77
Mar 2026Formentera Operations6676670$91.38$3.04
Feb 2026Formentera Operations6786780$64.51$3.62
Jan 2026Formentera Operations4294290$60.04$7.72
Dec 2025Formentera Operations8138130$57.97$4.26
Nov 2025Formentera Operations3033030$60.06$3.79
Oct 2025Formentera Operations8438430$60.89$3.19
Sep 2025Formentera Operations8618610$63.96$2.97
Aug 2025Formentera Operations6886880$64.86$2.91
Jul 2025Formentera Operations3023020$68.39$3.20
Jun 2025Formentera Operations8868860$68.17$3.02
May 2025Formentera Operations1,0061,0060$62.17$3.12
Apr 2025Formentera Operations33330$63.54$3.42
Mar 2025Formentera Operations000$68.24$4.12
Feb 2025Formentera Operations000$71.53$4.19
Jan 2025Formentera Operations8798790$75.74$4.13
Dec 2024Formentera Operations58580$70.12$3.01
Nov 2024Formentera Operations3313310$69.95$2.12
Oct 2024Formentera Operations1811810$71.99$2.20
Sep 2024Formentera Operations5265260$70.24$2.28
Aug 2024Formentera Operations1931930$76.68$1.99
Jul 2024Formentera Operations1241240$81.80$2.07
Jun 2024Formentera Operations64640$79.77$2.54
May 2024Formentera Operations1,0881,0880$80.02$2.12
Apr 2024Saddleback Exploration,81810$85.35$1.60
Mar 2024Saddleback Exploration,8838830$81.28$1.49
Feb 2024Saddleback Exploration,5615610$77.25$1.72
Jan 2024Saddleback Exploration,2662660$74.15$3.18
Dec 2023Saddleback Exploration,1,1341,1340$71.90$2.52
Nov 2023Saddleback Exploration,3743740$77.69$2.71
Oct 2023Saddleback Exploration,6286280$85.64$2.98
Sep 2023Saddleback Exploration,1,0081,0080$89.43$2.64
Aug 2023Saddleback Exploration,8088080$81.39$2.58

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

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Nearby

New drilling permits in Winkler County

Newest in the county: this lease has no coordinates.