THOMPSON UNIT

Operated by BARGO ENERGY COMPANY (P-5 49250) in the RIVERSIDE, EAST (6970) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 12218District 04Field 77048944OilCasinghead gasSaveExport
Value, all time
$120 k
May 1993 – Feb 1996
Value, last 12 filed months
$3 k
at the published price for each month
Months reported
34
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 5 leases and 5 wells, and the rule below applies to all of them.

Discovered
1973-08-30
as the register files it
Field class
Oil and gas
the register's own label
Between wells
no field rule filed
From a lease line
no field rule filed

The Commission's schedule remark for this field reads: ONE WELL FIELD EFF. 10-1-90.

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
OilDisposition7,769 bbl$120,063
Casinghead gasProduction29,595 Mcf$0
Total$120,063

29,595 Mcf of this lease's gas, across 21 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 27.9086, -97.7153. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.90860, -97.71531 · 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
7,100 ft
1 wells filed one
Completion to plug
2.5 years
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 7,100 ft.

Completions filed
Sep 2002
1 of 1 wells
Plug dates filed
Mar 2005
1 of 1 wells

Last completion to plug: a median of 2.5 years across the 1 well that filed both dates, with the middle half between 2.5 years and 2.5 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-35532592347,100 ftSep 2002Mar 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 (34)

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

34 months

Feb 19960016.98$0
Jan 19960017.07$0
Dec 1995155017.19$2,664
Nov 19950016.00$0
Oct 19950015.43$0
Sep 19950016.18$0
Aug 19950015.92$0
Jul 19950015.24$0
Jun 19950016.41$0
May 19950017.56$0
Apr 19950017.73$0
Mar 19950016.44$0
Feb 1995174016.58$2,885
Jan 199534547415.92$5,492
Dec 199416554415.03$2,480
Nov 199416949315.90$2,687
Oct 199417249915.58$2,680
Sep 199417359515.29$2,645
Aug 19943621,26416.13$5,839
Jul 19943531,17717.56$6,199
Jun 19943411,32817.09$5,828
May 19943631,60215.88$5,764
Apr 19941791,05314.14$2,531
Mar 19943491,40712.46$4,349
Feb 19943461,94912.50$4,325
Jan 19941791,78112.66$2,266
Dec 19931762,08212.33$2,170
Nov 19933523,00914.49$5,100
Oct 19933512,60115.85$5,563
Sep 19935642,09315.03$8,477
Aug 19937232,04515.66$11,322
Jul 19939071,44115.46$14,022
Jun 19937031,42316.79$11,803
May 199316873517.68$2,970

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.

Dec 1995 — as filed, then multipliedworked
Oil                  155 bbl  × $ 17.19 =     $2,664
Casinghead gas         0 Mcf  ×  no price            —

────────────────────────────────────────────────────
Month total                                   $2,664

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/O/12218 is the state's own key, not one this site invented.