Petrora

LEASES · O-10-3218 · OIL · DISTRICT 08

Walton, J. B.

Reporting

Formentera Operations LLC · Winkler County · Kermit field

Walton, J. B. is an RRC oil lease (O-10-3218) in Winkler County operated by Formentera Operations LLC, with 43 wells completed on it.

It has reported 257K barrels of oil and 402K mcf of gas since January 1993, last reporting volume in April 2026 (statewide data runs through April 2026).

The last 12 reported months total 911 barrels of oil, down 18% on the year before; the lease peaked at 1.53K barrels in March 1994.

11 operators have filed production on it, most recently Formentera Operations LLC since May 2024.

257K
bbl oil, all reported
402K
mcf gas incl. casinghead
911
bbl oil, last 12 reported
-18%
vs the 12 before
43
wells completed on it
1.53K
peak month, bbl (Mar 1994)

PDQ LEASE REPORTS · FIRST JAN 1993 · LAST VOLUME APR 2026 · STATEWIDE DATA THROUGH APR 2026

Oil by month

Barrels reported on Form PR for the whole lease. The latest months are revised upward as late reports arrive.

Last 12 months 911 · prior 12 1,114(-18%)

05001K2017201820192020202120222023202420252026

Gas by month

Gas-well gas plus casinghead gas, mcf. On an oil lease all gas is reported as casinghead. The latest months are revised upward as late reports arrive.

Last 12 months 1,946 · prior 12 493(+295%)

05001K2017201820192020202120222023202420252026

Decline curve
None shown. Petrora fits an Arps curve only when the last ten years of oil reports follow one decline closely enough to project (R² of 0.7 or better over at least a year since the peak). This lease's recent history does not, so a projection would be a guess dressed as a number.

Who reported it

Each run of months one operator filed the production report, oldest first.

  1. Mobil Producing TX. & N.M. Inc.Jan 1993 → Oct 1993 · 10 mo
  2. Midpar L.P.Nov 1993 → Feb 1995 · 16 mo
  3. Parker & Parsley Development L.PMar 1995 → Aug 1997 · 30 mo
  4. Pioneer Natural Res. USA, Inc.Sep 1997 → Jun 1999 · 22 mo
  5. Prize Operating CompanyJul 1999 → Mar 2002 · 33 mo
  6. Gruy Petroleum Management Co.Apr 2002 → Apr 2006 · 49 mo
  7. Cimarex Energy Co. of ColoradoMay 2006 → Dec 2012 · 80 mo
  8. Merit Energy CompanyJan 2013 → Nov 2016 · 47 mo
  9. Blackbeard Operating, LLCDec 2016 → May 2021 · 54 mo
  10. Saddleback Exploration, LLCJun 2021 → Apr 2024 · 35 mo
  11. Formentera Operations LLCMay 2024 → Jul 2026 · 27 mo

Wells on the lease

FROM COMPLETION REPORTS · PRODUCTION ABOVE IS THEIR TOTAL

43

wells completed on the lease

Plugged
24
NO Type on File
12
Shut IN
6
Producing
1

Operates them now

Formentera Operations LLC
38
Team Operating L.L.C.
5

Newest permits

All 43 wells, searchable →

About this data

Monthly oil, gas, and casinghead from the RRC PDQ production dump, which lags the reporting month by two to three months; figures shown through Apr 2026. Wells from completion reports; operator runs from who filed each month's report.

Developers: this page as JSON is GET /v1/data/leases/tx/o-10-3218, documented in the API reference.