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Texas gas well

Shut in

WALTON, J. B.

Walton, J. B. is a gas well in Winkler County, Texas, operated by Formentera Operations LLC in the Kermit (Yates) field.

1 well

1,344mcf gas, last 12 months−4% vs prior year
Operator
Formentera Operations LLC
County
Winkler County
Field
Kermit (Yates)
RRC lease
08-126252

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Where it sits

This county

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

Checks stopped on this lease?

  • Sales

    No sales reported for the last 12 months of state data (through Jul 2026).

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 fell 4% over the last 12 months

  • Gas (bars)
  • Last 12 months
Gas output fell 4% over the last 12 monthsMonthly gas production for WALTON, J. B., Aug 2023 to Jul 2026. Gas output fell 4% over the last 12 months. 1,344 mcf in the 12 months through Jul 2026, against 1,406 mcf in the 12 months before.Last 12 months: 1,344 mcfmcf per month0100200300400Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
Gas output fell 4% over the last 12 monthsMonthly gas production for WALTON, J. B., Aug 2023 to Jul 2026. Gas output fell 4% over the last 12 months. 1,344 mcf in the 12 months through Jul 2026, against 1,406 mcf in the 12 months before.Last 12 monthsmcf per month0100200300400Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

Where the gas went

All of the gas went to flaring in the 8 months reported

Flaring peaked at 100.0% of the gas in Apr 2025.

All of the gas went to flaring in the 8 months reportedShare of WALTON, J. B. gas by disposition code each month, Aug 2023 to Jul 2026. All of the gas went to flaring in the 8 months reported. Flaring peaked at 100.0% of the gas in Apr 2025.Share of the lease’s gas by disposition code, per month0%50%100%Flared 100.0%Oct 23Jan 24AprJulOctJan 25AprJulOctJan 26AprJul
All of the gas went to flaring in the 8 months reportedShare of WALTON, J. B. gas by disposition code each month, Aug 2023 to Jul 2026. All of the gas went to flaring in the 8 months reported. Flaring peaked at 100.0% of the gas in Apr 2025.Share of gas by disposition code0%50%100%Flared 100.0%Jan 24JulJan 25JulJan 26Jul

SourceTexas Railroad Commission Production Data Query, through Jul 2026.

100.0% of the gas flared in the 8 months reported. 8 months above 3%.

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 WALTON, J. B.
API numberWell no.Status
42-495-32142325Shut-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 gasGathers100Oct 1, 2023–
Eastex Crude Company, LLCCondensateGathers100Dec 21, 2022Oct 1, 2023
Energy Transfer CompanyGas-well gasGathers50Jun 1, 2021Oct 1, 2023
Targa Midstream Services LLCGas-well gasGathers50Jun 1, 2021Oct 1, 2023
Etc Texas P/L, LTDGas-well gasBuys50Apr 13, 2022Oct 1, 2023
Targa Midstream Services LLCGas-well gasBuys50Jun 1, 2021Oct 1, 2023
Eastex Crude CompanyCondensateGathers100Jun 1, 2021Dec 21, 2022

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

Who buys my oilOil price check

5,760 acres on the newest permit

Check your decimal on this lease
Permits for Walton, J. B.
API numberWell no.Acreson the permit
42-495-321423255,760

SourceRailroad Commission drilling permits, Oct 3, 2026 (source 1, source 2).

Unit decimal checker

Estimate your royalty

36 months, newest first

Ledger for WALTON, J. B.
MonthGas producedmcfGas soldmcf, codes 2+3FlaredmcfWTI$/bblHenry Hub$/MMBtu
Jul 2026Formentera Operations000$80.46$2.89
Jun 2026Formentera Operations000$84.81$3.15
May 2026Formentera Operations000$102.13$2.94
Apr 2026Formentera Operations000$100.32$2.77
Mar 2026Formentera Operations000$91.38$3.04
Feb 2026Formentera Operations000$64.51$3.62
Jan 2026Formentera Operations000$60.04$7.72
Dec 2025Formentera Operations000$57.97$4.26
Nov 2025Formentera Operations2400240$60.06$3.79
Oct 2025Formentera Operations3720372$60.89$3.19
Sep 2025Formentera Operations3600360$63.96$2.97
Aug 2025Formentera Operations3720372$64.86$2.91
Jul 2025Formentera Operations3720372$68.39$3.20
Jun 2025Formentera Operations3600360$68.17$3.02
May 2025Formentera Operations3720372$62.17$3.12
Apr 2025Formentera Operations3020302$63.54$3.42
Mar 2025Formentera Operations000$68.24$4.12
Feb 2025Formentera Operations000$71.53$4.19
Jan 2025Formentera Operations000$75.74$4.13
Dec 2024Formentera Operations000$70.12$3.01
Nov 2024Formentera Operations000$69.95$2.12
Oct 2024Formentera Operations000$71.99$2.20
Sep 2024Formentera Operations000$70.24$2.28
Aug 2024Formentera Operations000$76.68$1.99
Jul 2024Formentera Operations000$81.80$2.07
Jun 2024Formentera Operations000$79.77$2.54
May 2024Formentera Operations000$80.02$2.12
Apr 2024Saddleback Exploration,000$85.35$1.60
Mar 2024Saddleback Exploration,000$81.28$1.49
Feb 2024Saddleback Exploration,000$77.25$1.72
Jan 2024Saddleback Exploration,000$74.15$3.18
Dec 2023Saddleback Exploration,000$71.90$2.52
Nov 2023Saddleback Exploration,000$77.69$2.71
Oct 2023Saddleback Exploration,000$85.64$2.98
Sep 2023Saddleback Exploration,000$89.43$2.64
Aug 2023Saddleback Exploration,000$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

OperatorFormentera Operations LLCFieldKermit (Yates)CountyWinkler County

Formentera Operations LLC in Winkler County

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Kermit (Yates) field

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