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Producing

WALKER UNIT 16-20

Walker Unit 16-20 is an oil lease in Martin County, Texas, operated by High Noon Resources, LLC in the Spraberry (Trend Area) field.

3 wells

34,770bbl oil, last 12 months−45% vs prior year
Operator
High Noon Resources, LLC
County
Martin County
Field
Spraberry (Trend Area)
RRC lease
08-56451

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Where it sits

This county

Martin CountyMartinGainesAndrewsHowardDawsonBordenMartin County
Martin County
Gas, last 12 months
100,180 mcf
Oil in Jul 2026
1,861 bbl

Production by month

Oil output fell 45% over the last 12 months

  • Oil (bars)
  • Gas (line)
  • Last 12 months
Oil output fell 45% over the last 12 monthsMonthly oil production and gas for WALKER UNIT 16-20, Aug 2023 to Jul 2026. Oil output fell 45% over the last 12 months. 34,770 bbl in the 12 months through Jul 2026, against 63,421 bbl in the 12 months before.Last 12 months: 34,770 bblbbl per monthmcf per month002,5005,0005,00010k7,50015k10k20kOct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Oil output fell 45% over the last 12 monthsMonthly oil production and gas for WALKER UNIT 16-20, Aug 2023 to Jul 2026. Oil output fell 45% over the last 12 months. 34,770 bbl in the 12 months through Jul 2026, against 63,421 bbl in the 12 months before.Last 12 monthsbbl per monthmcf per month002,5005,0005,00010k7,50015k10k20kJan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

Since Nov 2024 the lease's gas goes to a processing plant instead of a transmission line

Flaring peaked at 26.3% of the gas in Jul 2026.

  • Processing plant (3)
  • Transmission line (2)
  • Lease fuel (1)
  • Flared (4)
Since Nov 2024 the lease's gas goes to a processing plant instead of a transmission lineShare of WALKER UNIT 16-20 gas by disposition code each month, Aug 2023 to Jul 2026. Since Nov 2024 the lease's gas goes to a processing plant instead of a transmission line. Flaring peaked at 26.3% of the gas in Jul 2026.Share of the lease’s gas by disposition code, per month0%50%100%Nov 2024: line to plantFlared 26.3%Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Since Nov 2024 the lease's gas goes to a processing plant instead of a transmission lineShare of WALKER UNIT 16-20 gas by disposition code each month, Aug 2023 to Jul 2026. Since Nov 2024 the lease's gas goes to a processing plant instead of a transmission line. Flaring peaked at 26.3% of the gas in Jul 2026.Share of gas by disposition code0%50%100%Nov 24: line to plantFlared 26.3%Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

  • Processing plant (3)

    95% · 94,724 mcf

  • Flared (4)

    5.4% · 5,456 mcf

5.4% of the gas flared in the last 12 months. 13 months above 3%.

Who has run this lease

The operator changed once, most recently in Mar 2024

Operators of this lease over timeElement Petroleum Op III, LLC, Sep 2021 to Feb 2024; High Noon Resources, LLC, Mar 2024 to Jul 202620222023202420252026Changed Mar 2024Element Petroleum Op III, LLCSep 2021 to Feb 2024High Noon Resources, LLCMar 2024 to now
Operators of this lease over timeElement Petroleum Op III, LLC, Sep 2021 to Feb 2024; High Noon Resources, LLC, Mar 2024 to Jul 202620222023202420252026Changed Mar 2024Element Petroleum Op III, LLCSep 2021 to Feb 2024High Noon Resources, LLCMar 2024 to now

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

3 wells on this lease

Wells on WALKER UNIT 16-20
API numberWell no.Status
42-317-428711WAActive
42-317-434231LSActive
42-317-439091JMActive

SourceTexas Railroad Commission Wellbore Query.

Buyers and gatherers

Companies named on the Form P-4, by product
CompanyProductRoleShare%FromUntil
Lpc Crude Iii, LLCOilGathers50Sep 3, 2021–
Plains Marketing, L.p.OilGathers50Sep 3, 2021–
Wtg North Permian Midstream LLCCasinghead gasGathers100Mar 20, 2024Oct 24, 2024
Wtg North Permian Midstream LLCCasinghead gasBuys100Mar 20, 2024Oct 24, 2024
Wtg Gas Processing, L.p.Casinghead gasGathers100Sep 3, 2021Mar 20, 2024
Wtg Gas Processing, L.p.Casinghead gasBuys100Sep 3, 2021Mar 20, 2024

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

Who buys my oilOil price check

320 acres on the newest permit

  • Worth asking

    A Rule 37 case is listed

    The RRC permit records list a Rule 37 case. This does not establish your royalty share. Ask for the permit and unit plat for your well.

Check your decimal on this lease
Permits for Walker Unit 16-20
API numberWell no.Acreson the permit
42-317-439091JM320
42-317-434231LS320
42-317-428711WA320

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

Unit decimal checker

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36 months, newest first

Ledger for WALKER UNIT 16-20
MonthOil producedbblOil soldbblGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 2026High Noon1,8612,0264,4593,2861,173$80.46$2.89
Jun 2026High Noon2,1662,2084,5463,802744$84.81$3.15
May 2026High Noon2,2672,0695,7884,835953$102.13$2.94
Apr 2026High Noon2,1942,4054,8394,186653$100.32$2.77
Mar 2026High Noon2,1801,9773,8673,82146$91.38$3.04
Feb 2026High Noon1,9151,7262,9432,792151$64.51$3.62
Jan 2026High Noon5267032,3362,028308$60.04$7.72
Dec 2025High Noon4,4974,63214,71014,65852$57.97$4.26
Nov 2025High Noon4,3854,43114,18214,15131$60.06$3.79
Oct 2025High Noon4,4024,19512,58211,680902$60.89$3.19
Sep 2025High Noon4,1134,10715,13015,06367$63.96$2.97
Aug 2025High Noon4,2644,44314,79814,422376$64.86$2.91
Jul 2025High Noon4,9924,96914,94414,615329$68.39$3.20
Jun 2025High Noon4,1115,18110,66510,300365$68.17$3.02
May 2025High Noon3,8443,82410,37410,256118$62.17$3.12
Apr 2025High Noon3,6403,53110,6239,936687$63.54$3.42
Mar 2025High Noon5,2604,78613,70712,964743$68.24$4.12
Feb 2025High Noon5,4416,23514,57813,5741,004$71.53$4.19
Jan 2025High Noon5,9986,12115,60115,118483$75.74$4.13
Dec 2024High Noon5,3065,84813,10312,943160$70.12$3.01
Nov 2024High Noon5,7985,54514,04212,8861,156$69.95$2.12
Oct 2024High Noon6,0225,78716,39816,107291$71.99$2.20
Sep 2024High Noon6,1996,49014,40014,4000$70.24$2.28
Aug 2024High Noon6,8106,34310,52010,5200$76.68$1.99
Jul 2024High Noon4,2914,4095,4235,4230$81.80$2.07
Jun 2024High Noon3,0552,9692,8252,8250$79.77$2.54
May 2024High Noon3,4603,6002,8412,8410$80.02$2.12
Apr 2024High Noon4,7104,9092,6072,6070$85.35$1.60
Mar 2024High Noon7,3087,1354,2474,2470$81.28$1.49
Feb 2024Element Petroleum6,2136,3183,3923,3920$77.25$1.72
Jan 2024Element Petroleum7,0086,0451,0781,0780$74.15$3.18
Dec 2023Element Petroleum5,5596,2411,6201,5860$71.90$2.52
Nov 2023Element Petroleum6,0445,7841,1241,1240$77.69$2.71
Oct 2023Element Petroleum4,0327,8251,9851,9270$85.64$2.98
Sep 2023Element Petroleum9,1817,9533,5593,5000$89.43$2.64
Aug 2023Element Petroleum8,9088,4612,7182,7180$81.39$2.58

Flared above 3%

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

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Nearby

This lease belongs to

OperatorHigh Noon Resources, LLCFieldSpraberry (Trend Area)CountyMartin County

High Noon Resources, LLC in Martin County

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Spraberry (Trend Area) field

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