Skip to content
Royalty Clerk

Texas operator · RRC P-5 895231

Walter Exploration Company

Walter Exploration Company runs 1 producing lease in 1 Texas county. The Railroad Commission shows 16,408 barrels of oil and 102 mcf of gas in the 12 months through Jul 2026.

Operator dossier · 1 county

16,408bbl oil, last 12 months+999% vs prior year
Producing leases
1of 3 on record
Counties
1
Biggest county
Nolan County
Biggest field
Divide (King Sand)

Get checks from Walter Exploration Company?

Upload a royalty check stub or a phone photo. We compare each month with the state numbers for the lease and tell you what to ask.

Check my statementLook up a lease by name

Where they work

This county

Nolan County: 1 producing leaseNolanTaylorMitchellFisherJonesCokeScurryNolan County
1 county with producing leasesClick a county to open it
Gas, last 12 months
102 mcf
RRC operator no.
895231
Leases on record
3
Data through
Jul 2026

Production

Five years of Walter Exploration Company output

Monthly totals across every lease the Railroad Commission lists under this operator. When the operator buys or sells leases, its total moves with them.

Oil output from Walter Exploration Company rose 1,533% over the last 12 months

16.4k bbl in the 12 months through Jul 2026, against 1,005 bbl in the 12 months before. Peak month: May 2026, 2,863 bbl.

Oil output from Walter Exploration Company rose 1,533% over the last 12 months16.4k bbl in the 12 months through Jul 2026, against 1,005 bbl in the 12 months before. Peak month: May 2026, 2,863 bbl.Oil, bbl per month01,0002,0003,000Peak 2,863 (May 26)2,59820222023202420252026
Oil output from Walter Exploration Company rose 1,533% over the last 12 months16.4k bbl in the 12 months through Jul 2026, against 1,005 bbl in the 12 months before. Peak month: May 2026, 2,863 bbl.Oil, bbl per month01,0002,0003,000Peak 2,863 (May 26)2,598'22'23'24'25'26

Gas output from Walter Exploration Company fell 15% over the last 12 months

102 mcf in the 12 months through Jul 2026, against 120 mcf in the 12 months before. Peak month: Jan 2026, 16 mcf.

Gas output from Walter Exploration Company fell 15% over the last 12 months102 mcf in the 12 months through Jul 2026, against 120 mcf in the 12 months before. Peak month: Jan 2026, 16 mcf.Gas, mcf per month05101520Peak 16 (Jan 26)620222023202420252026
Gas output from Walter Exploration Company fell 15% over the last 12 months102 mcf in the 12 months through Jul 2026, against 120 mcf in the 12 months before. Peak month: Jan 2026, 16 mcf.Gas, mcf per month05101520Peak 16 (Jan 26)6'22'23'24'25'26

SourceTexas Railroad Commission, Production Data Query, summed over every lease reported under operator 895231. Reported through Jul 2026, file dated Sep 18, 2026. The newest month is often revised as operators file late.

Leases

Walter Exploration Company leases, biggest first

Find the lease printed on your statement. Filter by county, sort by output or by change over the year, and open any lease for its ledger.

Showing 1 of 1.

Search by lease name →

SourceTexas Railroad Commission, Production Data Query. Ranked by an approximate value of last-12-month output, so oil and gas wells sort together.

Where they work

Counties and fields where Walter Exploration Company produces

Every county and field links to the others operating there, so you can see who else is drilling around your lease.

Counties, by Walter Exploration Company oil

Nolan County leads

  1. Nolan County1 producing lease16kbbl

Fields, by Walter Exploration Company oil

Divide (King Sand) leads

  1. Divide (King Sand)1 producing lease · District 7B · Field 2499266616kbbl

Recent drilling permits for Walter Exploration Company

How to read the statement

How to read a Walter Exploration Company royalty statement

Every operator lays out its stub differently, but the same seven parts are on all of them. This guide is a template, with what public records tell us about Walter Exploration Company added where they help. We have not catalogued Walter Exploration Company’s exact layout yet.

  1. The header: who paid you, and for which check

    Look for the payor name, your owner number, the check number and the check date. Keep the owner number: every call or letter to the operator starts with it.

    What we knowWalter Exploration Company is Railroad Commission operator 895231. The name on your check may be a parent company or a payment subsidiary.

  2. The property line: which lease this is

    Each lease you own in gets its own block, named as the operator names it. That name can be shorter than the state's, or carry a suffix such as a well number or unit letter.

  3. Product and volume: barrels, mcf, and the month

    The stub shows the production month (the production month, not the check month), the product and your share of the volume. Divide your volume by your decimal to get the lease total, then compare it with the lease page.

    What we knowFor example, open EAST SHORE UNIT and read the “oil sold” and “gas sold” columns.

  4. Price: what the operator says it got

    Oil is usually close to the WTI benchmark for the month. Gas prices vary widely: they depend on where the gas is sold and on what the operator subtracts before it reports a price.

  5. Deductions: gathering, compression, processing

    Costs taken after the well. Some leases allow them and some do not; your lease and division order say which. A deduction that appears in one month and not the next is worth a question.

  6. Taxes: severance and ad valorem

    Texas severance tax is taken from your share: 4.6% of oil value and 7.5% of gas value at market. Ad valorem tax may also appear. The rate on your stub should match these.

  7. Net: gross, minus deductions and taxes, times your share

    Check the arithmetic: volume times price gives gross value, then subtract deductions and taxes. If the net does not match your check, or a month is missing, that is the first thing to ask about.

At a glance

Walter Exploration Company

RRC operator number (P-5)
895231
Producing leases
1
Counties
1
Biggest county
Nolan County
Oil, last 12 months
16,408 bbl
Gas sent to plants
0.0%
Gas sold to pipelines
0.0%
Gas flared or vented
0.0%

Owner relations

Who to call at Walter Exploration Company

We have not yet added Walter Exploration Company’s owner relations phone, mailing address or online portal. It is usually printed at the top or bottom of your statement. The Railroad Commission also holds an address for the operator under number 895231.

When there is something to ask

We write the question for you, with the numbers behind it, and a letter you can send.
Check a Walter Exploration Company statement

FAQ

Questions about Walter Exploration Company

How many leases does Walter Exploration Company operate in Texas?

The Railroad Commission lists 1 producing lease for Walter Exploration Company (operator number 895231) across 1 Texas county, mostly in Nolan County. It reported 16,408 barrels of oil and 102 mcf of gas in the 12 months through Jul 2026.

How do I know Walter Exploration Company is the company that pays my royalty?

Look at the name on your royalty check or stub. The operator named by the state on a lease is not always the company that sends the check; a purchaser or a payor can pay on the operator's behalf. Look up the lease on this site to see the operator the Railroad Commission shows today and any change of operator.

Where can I see how Walter Exploration Company compares with other operators?

The operator directory lists every Texas operator with producing leases. Open a name to see its leases, counties and production trend from Railroad Commission records.

Texas operators, A to Z

Where do these figures come from?

From the Railroad Commission of Texas production data, summed over every lease reported under operator number 895231. The newest month is Jul 2026; the state publishes two to three months late.

Keep going

More about Walter Exploration Company