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STATE WALTON -E- A/C 4

State Walton -E- A/C 4 is an oil lease in Winkler County, Texas, operated by Formentera Operations LLC in the Kermit (McKee) field.

1 well

20bbl oil, last 12 months−90% vs prior year
RRC lease
08-36172

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Where it sits

This county

Winkler CountyWinklerAndrewsWardLovingEctorWinkler County
Winkler County
Gas, last 12 months
14,257 mcf
Oil in Jul 2026
1 bbl

Production by month

Oil output fell 90% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output fell 90% over the last 12 monthsMonthly oil production and gas for STATE WALTON -E- A/C 4, Aug 2023 to Jul 2026. Oil output fell 90% over the last 12 months. 20 bbl in the 12 months through Jul 2026, against 194 bbl in the 12 months before.Last 12 months: 20 bblbbl per monthmcf per month00201,000402,000603,000804,0001005,000Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output fell 90% over the last 12 monthsMonthly oil production and gas for STATE WALTON -E- A/C 4, Aug 2023 to Jul 2026. Oil output fell 90% over the last 12 months. 20 bbl in the 12 months through Jul 2026, against 194 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month00201,000402,000603,000804,0001005,000Jan 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- A/C 4 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- A/C 4 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- A/C 4
API numberWell no.Status
42-495-0292021MActive

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%FromUntil
Eastex Crude Company, LLCOilGathers100Dec 21, 2022–
Et Gathering & Processing LLCCasinghead gasBuys100Oct 1, 2023–
Energy Transfer CompanyCasinghead gasGathers100Dec 21, 2022–
Etc Texas P/L, LTDCasinghead gasBuys100Dec 21, 2022Oct 1, 2023
Energy Transfer CompanyCasinghead gasGathers50May 1, 2018Dec 21, 2022
Targa Midstream Services LLCCasinghead gasGathers50May 1, 2018Dec 21, 2022
Etc Texas P/L, LTDCasinghead gasBuys50Apr 13, 2022Dec 21, 2022
Targa Midstream Services LLCCasinghead gasBuys50May 1, 2018Dec 21, 2022
Eastex Crude CompanyOilGathers100Jun 1, 2021Dec 21, 2022

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

2,080 acres on the newest permit

Permits for State Walton -E- A/C 4
API numberWell no.Acreson the permit
42-495-0292021M2,080

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

Estimate your royalty

36 months, newest first

Ledger for STATE WALTON -E- A/C 4
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 2026Formentera Operations10000$80.46$2.89
Jun 2026Formentera Operations90000$84.81$3.15
May 2026Formentera Operations40000$102.13$2.94
Apr 2026Formentera Operations602,0112,0110$100.32$2.77
Mar 2026Formentera Operations001,5661,5660$91.38$3.04
Feb 2026Formentera Operations00000$64.51$3.62
Jan 2026Formentera Operations001,2571,2570$60.04$7.72
Dec 2025Formentera Operations002,4432,4430$57.97$4.26
Nov 2025Formentera Operations001,5161,5160$60.06$3.79
Oct 2025Formentera Operations002,5762,5760$60.89$3.19
Sep 2025Formentera Operations001,4731,4730$63.96$2.97
Aug 2025Formentera Operations001,4151,4150$64.86$2.91
Jul 2025Formentera Operations002,7892,7890$68.39$3.20
Jun 2025Formentera Operations003,2973,2970$68.17$3.02
May 2025Formentera Operations003,0313,0310$62.17$3.12
Apr 2025Formentera Operations00000$63.54$3.42
Mar 2025Formentera Operations00000$68.24$4.12
Feb 2025Formentera Operations50000$71.53$4.19
Jan 2025Formentera Operations3402,7992,7990$75.74$4.13
Dec 2024Formentera Operations3502162160$70.12$3.01
Nov 2024Formentera Operations400000$69.95$2.12
Oct 2024Formentera Operations40180000$71.99$2.20
Sep 2024Formentera Operations220000$70.24$2.28
Aug 2024Formentera Operations180000$76.68$1.99
Jul 2024Formentera Operations4601,0371,0370$81.80$2.07
Jun 2024Formentera Operations420000$79.77$2.54
May 2024Formentera Operations4282000$80.02$2.12
Apr 2024Saddleback Exploration,530000$85.35$1.60
Mar 2024Saddleback Exploration,441504,3394,3390$81.28$1.49
Feb 2024Saddleback Exploration,5804,2284,2280$77.25$1.72
Jan 2024Saddleback Exploration,2204,5154,5150$74.15$3.18
Dec 2023Saddleback Exploration,004,5354,5350$71.90$2.52
Nov 2023Saddleback Exploration,004,3834,3830$77.69$2.71
Oct 2023Saddleback Exploration,104,5314,5310$85.64$2.98
Sep 2023Saddleback Exploration,5404,3014,3010$89.43$2.64
Aug 2023Saddleback Exploration,1004,3404,3400$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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Formentera Operations LLC in Winkler County

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