CHOICE THOMPSON UNIT NO 1

Name: CHOICE THOMPSON UNIT NO 1 lease production and value, Jan 1993 onwards
Creator: Railroad Commission of Texas
License: https://www.rrc.texas.gov/site-policies/

Operated by MOBIL PRODUCING TX. & N.M. INC. (P-5 572550) in the SOUR LAKE, E. (KIRBY FB-A) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 115643District 03Field 84697425NGPA filingCondensateGasSave Export

Value, all time

$465 k

Jan 1993 – May 1996

Value, last 12 filed months

$40 k

at the published price for each month

Months reported

no gaps in the span

Streams

condensate, gas

The SOUR LAKE, E. (KIRBY FB-A) field

The Railroad Commission's own record for the field this lease produces from, including the spacing rule that governs how close together its wells may be drilled.

These are facts about the field, not about this lease. The field holds 5 leases and 5 wells, and the rule below applies to all of them.

Discovered

1985-10-01

as the register files it

Field class

Gas

the register's own label

Between wells

2,640 ft

minimum

From a lease line

933 ft

minimum

A drilling unit in this field needs at least 640 acres. The field rule took effect on 1988-04-01.

The Commission's schedule remark for this field reads: “ALLOCATION FORMULA SUSPENDED PER OPERATOR REQUEST, EFF 11-1-94.”

Severance-tax incentive filings

Applications the operator filed to have this lease's gas taxed at a reduced state rate. A filing is an application, and this page never calls one a reduction that was granted.

Programme	Filings	With an approval date	Dated	Docket
NGPA	1	none	—	—

This says nothing about a royalty. A severance tax is charged to the operator. Whether a reduced rate reaches a royalty owner depends on the wording of the lease instrument, which is a private contract this site does not hold.

What this lease produced, and what it was worth

Oil and condensate are valued on the volume the state records as disposed of; gas and casinghead gas on the volume produced. They are different columns of different files, and the difference is not cosmetic.

Stream	Basis	Volume	Value
Condensate	Disposition	29,226 bbl	$464,569
Gas	Production	661,697 Mcf	$0
Total			$464,569

661,697 Mcf of this lease's gas, across 37 months, carries no value here. No free Texas wellhead gas price exists before 1997, so those months are left out of the total rather than valued at zero. The total above is therefore a floor, not an estimate.

Wells on this lease (1)

Every wellbore the Railroad Commission records against this lease key, with the depth, the last completion and the plug date exactly as filed. A well with no plug date is not stated to be producing — the state files no such flag.

These wells centre on 30.1588, -94.2872. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

30.15879, -94.28723 · centre of the wells drawn, derived⌘ or Ctrl + scroll to zoom

What these wells add up to

Every figure below is counted over all of this lease's wells, not over the rows listed above. The Railroad Commission files two facts about a well's state — a plug date and a proration-schedule flag — and a well can carry both, so they are published as separate counts and never merged into a status.

On the schedule

100.0%

1 of 1 wells

With a plug date

100.0%

1 of 1 wells

Median depth

13,105 ft

1 wells filed one

Completion to plug

3 months

median over 1 well

What the state filed about each well

On the RRC proration schedule

1100.0%

A plug date is filed

1100.0%

BothOn the schedule and plugged. Neither fact cancels the other.

1100.0%

NeitherNo plug date, and not on the schedule.

00.0%

A plug date is the date the Commission recorded the wellbore as sealed with cement and abandoned. It is the only end-of-life fact Texas files. There is no "active" flag on a well, so this page does not print one — a well with no plug date is not stated to be producing.

How deep they were drilled

The one well that filed a depth was drilled to 13,105 ft.

Completions filed

Feb 1996

1 of 1 wells

Plug dates filed

May 1996

1 of 1 wells

Last completion to plug: a median of 3 months across the 1 well that filed both dates, with the middle half between 3 months and 3 months. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well


42-19932184	1	13,105 ft	Feb 1996	May 1996	Yes

The API number is the state's, prefixed 42 for Texas. A well is matched to this lease by the lease key the Commission files on the wellbore record, so a well that has moved between leases appears under each one it was filed against.

Every month this lease reported (41)

Volume × price = value, one row per cycle. The price columns are the same series published on the prices page — nothing here is modelled.

41 months


May 1996	0	0	19.43	—	$0
Apr 1996	0	0	21.51	—	$0
Mar 1996	2	0	19.38	—	$39
Feb 1996	18	90	16.98	—	$306
Jan 1996	79	0	17.07	—	$1,349
Dec 1995	274	5	17.19	—	$4,710
Nov 1995	109	546	16.00	—	$1,744
Oct 1995	205	1,465	15.43	—	$3,163
Sep 1995	411	4,596	16.18	—	$6,650
Aug 1995	525	8,596	15.92	—	$8,358
Jul 1995	424	10,588	15.24	—	$6,462
Jun 1995	456	12,571	16.41	—	$7,483
May 1995	644	16,440	17.56	—	$11,309
Apr 1995	605	16,862	17.73	—	$10,727
Mar 1995	708	18,824	16.44	—	$11,640
Feb 1995	666	16,792	16.58	—	$11,042
Jan 1995	691	19,643	15.92	—	$11,001
Dec 1994	882	19,577	15.03	—	$13,256
Nov 1994	806	19,964	15.90	—	$12,815
Oct 1994	625	20,582	15.58	—	$9,738
Sep 1994	828	20,738	15.29	—	$12,660
Aug 1994	827	21,156	16.13	—	$13,340
Jul 1994	685	21,665	17.56	—	$12,029
Jun 1994	675	20,739	17.09	—	$11,536
May 1994	972	22,290	15.88	—	$15,435
Apr 1994	636	22,473	14.14	—	$8,993
Mar 1994	1,042	23,226	12.46	—	$12,983
Feb 1994	1,043	22,915	12.50	—	$13,038
Jan 1994	931	22,944	12.66	—	$11,786
Dec 1993	1,002	22,742	12.33	—	$12,355
Nov 1993	819	20,545	14.49	—	$11,867
Oct 1993	813	19,355	15.85	—	$12,886
Sep 1993	893	16,465	15.03	—	$13,422
Aug 1993	703	15,758	15.66	—	$11,009
Jul 1993	1,318	16,422	15.46	—	$20,376
Jun 1993	1,342	24,267	16.79	—	$22,532
May 1993	1,383	26,971	17.68	—	$24,451
Apr 1993	1,246	27,150	18.05	—	$22,490
Mar 1993	1,483	28,947	18.14	—	$26,902
Feb 1993	1,160	27,152	17.90	—	$20,764
Jan 1993	1,295	30,636	16.93	—	$21,924

How to read this page

The arithmetic is one multiplication per stream per month. Here it is, worked, on a real row from the table above.

Mar 1996 — as filed, then multipliedworked

Condensate             2 bbl  × $ 19.38 =        $39
Gas                    0 Mcf  ×  no price            —

────────────────────────────────────────────────────
Month total                                      $39

The volumes are the state's, unchanged

Every barrel and every Mcf on this page is a number the Railroad Commission of Texas published in its monthly production query. Nothing is modelled, estimated or filled in.

The dollars are a multiplication, not a valuation

Volume × a published monthly price. It is not what the operator was paid: it takes no account of a contract, a differential, a transportation deduction, or the share any one owner holds.

Oil and gas are priced differently

Oil is a Texas realisation — the crude oil first purchase price. Gas is a benchmark, because no free Texas wellhead gas series exists at any date. The prices page publishes the difference rather than correcting it away.

A lease is not a well

The state reports oil on lease and gas on well, and this page is the lease grain. 03/G/115643 is the state's own key, not one this site invented.