THOMASMA, RAY J.

Operated by HILCORP ENERGY COMPANY (P-5 386310) in the ZWEBB (10350) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 246540District 04Field 999305002 tax incentive programmesCondensateGasSaveExport
Value, all time
$11.9 M
May 2008 – Nov 2018
Value, last 12 filed months
$49 k
at the published price for each month
Months reported
127
no gaps in the span
Streams
2
condensate, 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 118 leases and 118 wells, and the rule below applies to all of them.

Discovered
1988-05-03
as the register files it
Field class
Gas
the register's own label
Between wells
1,200 ft
minimum
From a lease line
467 ft
minimum

A drilling unit in this field needs at least 40 acres. The field rule took effect on 2003-06-10.

The Commission's schedule remark for this field reads: AND 5% PER WELL.

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.

ProgrammeFilingsWith an approval dateDatedDocket
High Cost Gas112009-06-26192506
NGPA1none

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.

StreamBasisVolumeValue
CondensateDisposition2,545 bbl$183,202
GasProduction1,959,855 Mcf$11,705,746
Total$11,888,948

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 27.2627, -99.0156. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.26273, -99.01562 · 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
0.0%
0 of 1 wells
Median depth
12,000 ft
1 wells filed one
Completion to plug
no well filed both dates

What the state filed about each well

On the RRC proration schedule
1100.0%
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

The one well that filed a depth was drilled to 12,000 ft.

Completions filed
May 2018
1 of 1 wells

1 well

42-505361301712,000 ftMay 2018Yes

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 (127)

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

127 months

Nov 20180052.934.24$0
Oct 20180061.443.40$0
Sep 20180059.543.11$0
Aug 20180059.403.07$0
Jul 20180065.142.93$0
Jun 20180060.183.08$0
May 20180065.382.90$0
Apr 20180063.842.90$0
Mar 201803,03661.222.79$8,461
Feb 201804,18361.782.77$11,571
Jan 201804,19162.874.01$16,803
Dec 201704,24557.272.92$12,402
Nov 201704,54255.423.12$14,164
Oct 201703,82549.292.98$11,413
Sep 201705,39247.523.09$16,647
Aug 2017375,52145.373.00$18,266
Jul 2017882,06543.873.09$10,236
Jun 201701,89442.493.09$5,847
May 201702,12345.373.26$6,928
Apr 2017423,60447.933.21$13,588
Mar 201703,59646.772.98$10,729
Feb 201703,61950.452.95$10,685
Jan 201704,12849.413.42$14,113
Dec 201604,16348.763.72$15,498
Nov 201603,35642.492.64$8,874
Oct 2016813,94046.193.09$15,917
Sep 201604,15841.553.10$12,892
Aug 201604,58141.442.92$13,396
Jul 2016433,06441.622.92$10,750
Jun 201603,92145.352.69$10,531
May 201604,00042.521.99$7,964
Apr 201604,12036.561.99$8,203
Mar 2016864,36833.011.79$10,675
Feb 201604,62326.472.06$9,540
Jan 201603,91827.352.36$9,264
Dec 2015374,14832.362.00$9,499
Nov 201504,95738.792.17$10,743
Oct 201504,72243.552.43$11,458
Sep 201504,32642.992.76$11,933
Aug 2015315,45740.162.87$16,920
Jul 201504,38648.152.95$12,917
Jun 2015405,17256.152.88$17,156
May 2015405,37455.212.96$18,091
Apr 2015366,29949.822.71$18,842
Mar 2015345,54542.892.93$17,731
Feb 201507,18444.662.98$21,381
Jan 2015578,95943.433.10$30,254
Dec 2014222,11154.693.59$8,785
Nov 201404,10770.464.25$17,462
Oct 2014183,72178.303.90$15,925
Sep 2014174,42886.164.05$19,378
Aug 201402,73589.394.04$11,036
Jul 2014164,17696.564.18$18,999
Jun 2014123,74898.164.74$18,932
May 2014552,42994.734.73$16,691
Apr 2014165,41895.944.81$27,591
Mar 2014302,27095.895.06$14,356
Feb 2014194,46397.406.19$29,486
Jan 2014585,06790.404.86$29,872
Dec 201304,16891.824.35$18,149
Nov 2013353,03388.853.74$14,448
Oct 2013113,29897.423.78$13,536
Sep 201302,055104.113.72$7,640
Aug 201364,458104.253.52$16,329
Jul 201375,270102.523.72$20,310
Jun 201324,83294.403.93$19,195
May 201335,41694.834.15$22,756
Apr 201335,21293.964.28$22,603
Mar 201346,08493.623.91$24,180
Feb 2013256,31191.233.42$23,864
Jan 201347,29591.603.42$25,315
Dec 201242,68986.773.42$9,544
Nov 201287,75786.953.62$28,814
Oct 201256,71289.383.40$23,266
Sep 201277,59194.672.92$22,816
Aug 201248,09592.662.91$23,912
Jul 2012106,85885.133.02$21,568
Jun 201288,61679.822.52$22,343
May 2012129,69791.612.49$25,229
Apr 2012149,070101.652.00$19,534
Mar 20121711,311105.052.22$26,920
Feb 20122412,785101.102.57$35,287
Jan 201276,24898.092.73$17,769
Dec 2011696,73696.873.24$28,507
Nov 2011423,77695.723.31$16,524
Oct 2011417,54984.983.65$64,368
Sep 2011010,06583.623.99$40,117
Aug 201112410,44583.404.15$53,681
Jul 20115111,59394.144.52$57,170
Jun 2011012,14392.904.64$56,342
May 2011013,90198.134.40$61,231
Apr 2011013,608105.964.33$58,967
Mar 2011010,33596.364.06$41,933
Feb 201108,50785.644.18$35,559
Jan 201114214,45786.504.59$78,623
Dec 2010013,74285.734.35$59,747
Nov 2010013,62380.843.80$51,704
Oct 201018117,34578.103.51$74,998
Sep 2010018,76272.633.98$74,663
Aug 2010019,30973.684.42$85,333
Jul 201010121,94572.554.74$111,270
Jun 20105216,91070.364.91$86,694
May 20105026,73771.124.24$116,793
Apr 20106029,26881.694.12$125,564
Mar 20109229,07478.394.39$134,808
Feb 20104733,21573.585.44$184,226
Jan 2010024,98674.365.96$149,019
Dec 200911035,22971.445.48$201,045
Nov 20099437,14474.593.75$146,357
Oct 20094736,75372.544.11$154,473
Sep 20094437,68465.543.06$118,376
Aug 20094940,27367.423.22$132,922
Jul 20093148,95861.133.46$171,510
Jun 20092031,65966.163.90$124,635
May 2009015,68754.743.93$61,583
Apr 2009030,85946.773.59$110,707
Mar 2009043,97442.144.06$178,490
Feb 2009047,05032.814.63$217,983
Jan 2009061,41135.865.37$329,838
Dec 2008052,28337.105.98$312,503
Nov 2008073,11755.496.86$501,609
Oct 2008080,07775.246.92$554,291
Sep 2008092,628101.767.88$729,639
Aug 20080121,019114.228.48$1,026,607
Jul 20080117,188131.0811.39$1,334,705
Jun 20080140,497131.3313.03$1,831,045
May 2008048,095123.1711.57$556,665

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 2018 — as filed, then multipliedworked
Condensate             0 bbl  × $ 61.22 =         $0
Gas                3,036 Mcf  × $  2.79 =     $8,461

────────────────────────────────────────────────────
Month total                                   $8,461

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/246540 is the state's own key, not one this site invented.