THOMPSON-PAINE OU #1

Operated by ENHANCED ENERGY PARTNERS CORP (P-5 252470) in the RACCOON BEND (COCKFIELD LOWER) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 27163District 03Field 74106080OilCasinghead gasSaveExport
Value, all time
$686 k
Sep 2016 – Oct 2018
Value, last 12 filed months
$320 k
at the published price for each month
Months reported
26
no gaps in the span
Streams
2
oil, casinghead gas

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 39 leases and 126 wells, and the rule below applies to all of them.

Discovered
1934-12-31
as the register files it
Field class
Oil and gas
the register's own label
Between wells
467 ft
minimum
From a lease line
233 ft
minimum

A drilling unit in this field needs at least 20 acres. The field rule took effect on 1974-11-08.

The Commission's schedule remark for this field reads: AOF-1 AND AOF-2 EFFECTIVE 08/01/2005.

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
OilDisposition12,985 bbl$667,612
Casinghead gasProduction5,887 Mcf$18,501
Total$686,112

Wells on this lease (2)

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 29.9941, -96.1129. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.1 miles.

29.99414, -96.11291 · 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%
2 of 2 wells
With a plug date
0.0%
0 of 2 wells
Median depth
4,266 ft
2 wells filed one
Completion to plug
no well filed both dates

What the state filed about each well

On the RRC proration schedule
2100.0%
A plug date is filed
00.0%
BothOn the schedule and plugged. Neither fact cancels the other.
00.0%
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

Between 4,210 and 4,321 ft, median 4,266 ft, over the 2 wells that filed a depth.

Completions filed
Mar 2020 – Dec 2020
2 of 2 wells

2 wells

42-0153104614,321 ftDec 2020Yes
42-0153105024,210 ftMar 2020Yes

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 (26)

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

26 months

Oct 20180061.443.40$0
Sep 20180059.543.11$0
Aug 20180059.403.07$0
Jul 20180065.142.93$0
Jun 20184060.183.08$241
May 201856065.382.90$3,661
Apr 20185625863.842.90$36,046
Mar 201859734161.222.79$37,499
Feb 20186871,12061.782.77$45,541
Jan 201869293162.874.01$47,239
Dec 20171,14786857.272.92$68,225
Nov 20171,3482,13055.423.12$81,348
Oct 201716213549.292.98$8,388
Sep 20170047.523.09$0
Aug 20170045.373.00$0
Jul 20176043.873.09$263
Jun 2017862542.493.09$3,731
May 20174172945.373.26$19,014
Apr 2017792547.933.21$3,867
Mar 20172481346.772.98$11,638
Feb 2017693850.452.95$34,985
Jan 20177965249.413.42$39,508
Dec 20169065148.763.72$44,366
Nov 20161,5105342.492.64$64,300
Oct 20162,5674746.193.09$118,715
Sep 2016422141.553.10$17,537

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.

Jun 2018 — as filed, then multipliedworked
Oil                    4 bbl  × $ 60.18 =       $241
Casinghead gas         0 Mcf  × $  3.08 =         $0

────────────────────────────────────────────────────
Month total                                     $241

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/27163 is the state's own key, not one this site invented.