FROST NATIONAL BANK TRUSTEE "A"

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

Gas lease lease 199220District 04Field 74554875CondensateGasSave
Value, all time
$2.7 M
Jun 2003 – Mar 2005
Value, last 12 filed months
$98 k
at the published price for each month
Months reported
22
no gaps in the span
Streams
2
condensate, 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
CondensateDisposition447 bbl$15,456
GasProduction517,669 Mcf$2,705,036
Total$2,720,491

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 27.6875, -98.7268. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.68750, -98.72685 · 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
10,800 ft
1 wells filed one
Completion to plug
16 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 10,800 ft.

Completions filed
Jun 2003
1 of 1 wells
Plug dates filed
Oct 2004
1 of 1 wells

Last completion to plug: a median of 16 months across the 1 well that filed both dates, with the middle half between 16 months and 16 months. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-13138608110,800 ftJun 2003Oct 2004Yes

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 (22)

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

22 months

Mar 20050050.377.15$0
Feb 20050045.226.31$0
Jan 2005162043.166.32$6,992
Dec 20040039.866.75$0
Nov 20040045.286.33$0
Oct 20040049.706.52$0
Sep 20040043.245.28$0
Aug 20040042.375.55$0
Jul 20040038.286.08$0
Jun 20040036.106.43$0
May 20040037.486.49$0
Apr 20042615,43434.475.86$91,316
Mar 20042220,38334.365.53$113,477
Feb 2004824,70232.455.51$136,358
Jan 2004343,23332.036.30$272,448
Dec 20032562,69230.266.30$395,819
Nov 200312460,67328.804.60$282,373
Oct 20035592,25928.174.76$440,669
Sep 20032297,91026.314.75$465,589
Aug 2003087,89229.765.13$450,861
Jul 2003012,49129.415.17$64,589
Jun 20030028.565.98$0

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.

Jan 2005 — as filed, then multipliedworked
Condensate           162 bbl  × $ 43.16 =     $6,992
Gas                    0 Mcf  × $  6.32 =         $0

────────────────────────────────────────────────────
Month total                                   $6,992

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. 04/G/199220 is the state's own key, not one this site invented.