TEXAS NORTHERN RAILWAY

Operated by THORP PETROLEUM CORPORATION (P-5 857119) in the CANADIAN HUNTER field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 24232District 03Field 15225001OilCasinghead gasSave
Value, all time
$451 k
Jun 2002 – Sep 2007
Value, last 12 filed months
$0
at the published price for each month
Months reported
64
no gaps in the span
Streams
2
oil, casinghead gas

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.

StreamBasisVolumeValue
OilDisposition4,983 bbl$189,433
Casinghead gasProduction63,165 Mcf$261,926
Total$451,359

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 29.7950, -95.1012. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

29.79497, -95.10118 · centre of the wells drawn, derived

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
10,995 ft
1 wells filed one
Completion to plug
20 months
median over 1 wells

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 10,995 ft.

Completions filed
Nov 2003
1 of 1 wells
Plug dates filed
Jul 2005
1 of 1 wells

Last completion to plug: a median of 20 months across the 1 well that filed both dates, with the middle half between 20 months and 20 months. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-20132430210,995 ftNov 2003Jul 2005Yes

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 (64)

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

64 months

Sep 20070075.846.24$0
Aug 20070069.066.39$0
Jul 20070070.906.39$0
Jun 20070062.007.55$0
May 20070058.747.85$0
Apr 20070059.617.81$0
Mar 20070056.927.30$0
Feb 20070055.108.22$0
Jan 20070050.306.73$0
Dec 20060056.656.92$0
Nov 20060054.207.62$0
Oct 20060054.906.01$0
Sep 20060060.085.04$0
Aug 20060068.717.34$0
Jul 20060069.376.34$0
Jun 20060066.286.38$0
May 20060066.016.42$0
Apr 20060064.397.36$0
Mar 20060056.707.08$0
Feb 20060057.597.75$0
Jan 20060060.598.93$0
Dec 20050054.9413.42$0
Nov 20050054.6910.59$0
Oct 20050058.3413.80$0
Sep 20050061.4512.08$0
Aug 20050061.519.80$0
Jul 20050055.697.84$0
Jun 20050052.337.38$0
May 20050045.226.65$0
Apr 200524932049.207.36$14,606
Mar 200514834850.377.15$9,945
Feb 200514631645.226.31$8,597
Jan 200527842243.166.32$14,666
Dec 200425939439.866.75$12,984
Nov 200425155045.286.33$14,847
Oct 200428858849.706.52$18,144
Sep 200439357743.245.28$20,042
Aug 200426162042.375.55$14,500
Jul 20042141,92038.286.08$19,874
Jun 20042051,87236.106.43$19,443
May 20043571,75137.486.49$24,752
Apr 20042672,11034.475.86$21,565
Mar 20042992,00734.365.53$21,373
Feb 20043341,71932.455.51$20,309
Jan 20042951,65332.036.30$19,862
Dec 20030030.266.30$0
Nov 20030028.804.60$0
Oct 20030028.174.76$0
Sep 20030026.314.75$0
Aug 20030029.765.13$0
Jul 20030029.415.17$0
Jun 20030028.565.98$0
May 20030026.595.97$0
Apr 20030026.675.41$0
Mar 200302,48931.146.10$15,173
Feb 20030033.487.93$0
Jan 20030030.315.58$0
Dec 20020026.914.85$0
Nov 20020024.664.14$0
Oct 20020026.464.23$0
Sep 2002687,68927.443.64$29,817
Aug 200218614,20625.963.16$49,779
Jul 20021559,81024.583.06$33,846
Jun 200233011,80423.733.34$47,235

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.

Apr 2005 — as filed, then multipliedworked
Oil                  249 bbl  × $ 49.20 =    $12,251
Casinghead gas       320 Mcf  × $  7.36 =     $2,355

────────────────────────────────────────────────────
Month total                                  $14,606

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/O/24232 is the state's own key, not one this site invented.