THOMPSON, M. P. -B-

Operated by L.T.D. EXPLORATIONS INC. (P-5 480259) in the THOMAS LOCKHART field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 8999District 04Field 89481001OilCasinghead gasSaveExport
Value, all time
$179 k
Jan 1993 – Sep 2012
Value, last 12 filed months
$11 k
at the published price for each month
Months reported
237
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 10 leases and 15 wells, and the rule below applies to all of them.

Discovered
1943-11-30
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: ALLOCATION FORMULA EFFECTIVE 01/01/2002.

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
OilDisposition10,039 bbl$178,071
Casinghead gasProduction8,231 Mcf$1,098
Total$179,169

7,785 Mcf of this lease's gas, across 48 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 (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 27.8429, -98.3276. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.1 miles.

27.84293, -98.32761 · 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
100.0%
2 of 2 wells
Median depth
4,850 ft
2 wells filed one
Completion to plug
32.4 years
median over 2 wells

What the state filed about each well

On the RRC proration schedule
2100.0%
A plug date is filed
2100.0%
BothOn the schedule and plugged. Neither fact cancels the other.
2100.0%
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 4,850 and 4,850 ft, median 4,850 ft, over the 2 wells that filed a depth.

Completions filed
Apr 1978 – Jun 1983
2 of 2 wells
Plug dates filed
Jul 2012 – Dec 2013
2 of 2 wells

Last completion to plug: a median of 32.4 years across the 2 wells that filed both dates, with the middle half between 31.4 years and 33.3 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

2 wells

42-1313200164,850 ftJun 1983Dec 2013Yes
42-13132535B 74,850 ftApr 1978Jul 2012Yes

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 (237)

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

237 months

Sep 20120094.672.92$0
Aug 20120092.662.91$0
Jul 2012127085.133.02$10,812
Jun 20120079.822.52$0
May 20120091.612.49$0
Apr 201200101.652.00$0
Mar 201200105.052.22$0
Feb 201200101.102.57$0
Jan 20120098.092.73$0
Dec 20110096.873.24$0
Nov 20110095.723.31$0
Oct 20110084.983.65$0
Sep 20110083.623.99$0
Aug 20110083.404.15$0
Jul 20110094.144.52$0
Jun 20110092.904.64$0
May 20110098.134.40$0
Apr 201100105.964.33$0
Mar 20110096.364.06$0
Feb 20110085.644.18$0
Jan 20110086.504.59$0
Dec 20100085.734.35$0
Nov 20100080.843.80$0
Oct 20100078.103.51$0
Sep 20100072.633.98$0
Aug 20100073.684.42$0
Jul 20100072.554.74$0
Jun 20100070.364.91$0
May 20100071.124.24$0
Apr 20100081.694.12$0
Mar 20100078.394.39$0
Feb 20100073.585.44$0
Jan 20100074.365.96$0
Dec 20090071.445.48$0
Nov 20090074.593.75$0
Oct 20090072.544.11$0
Sep 20090065.543.06$0
Aug 20090067.423.22$0
Jul 20090061.133.46$0
Jun 20090066.163.90$0
May 20090054.743.93$0
Apr 20090046.773.59$0
Mar 20090042.144.06$0
Feb 20090032.814.63$0
Jan 20090035.865.37$0
Dec 20080037.105.98$0
Nov 20080055.496.86$0
Oct 20080075.246.92$0
Sep 200800101.767.88$0
Aug 200800114.228.48$0
Jul 200800131.0811.39$0
Jun 200800131.3313.03$0
May 200800123.1711.57$0
Apr 200800110.3110.45$0
Mar 200800101.909.66$0
Feb 20080092.538.77$0
Jan 20080090.388.21$0
Dec 20070088.337.30$0
Nov 20070091.677.29$0
Oct 20070082.856.92$0
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 20050049.207.36$0
Mar 20050050.377.15$0
Feb 20050045.226.31$0
Jan 20050043.166.32$0
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 20040034.475.86$0
Mar 20040034.365.53$0
Feb 20040032.455.51$0
Jan 20040132.036.30$6
Dec 20030130.266.30$6
Nov 20030128.804.60$5
Oct 20030128.174.76$5
Sep 20030126.314.75$5
Aug 20030129.765.13$5
Jul 20030129.415.17$5
Jun 20030128.565.98$6
May 20030126.595.97$6
Apr 20030126.675.41$5
Mar 20030131.146.10$6
Feb 20030133.487.93$8
Jan 20030130.315.58$6
Dec 20020126.914.85$5
Nov 20020124.664.14$4
Oct 20020126.464.23$4
Sep 20020127.443.64$4
Aug 20020125.963.16$3
Jul 20020124.583.06$3
Jun 20020123.733.34$3
May 20020124.663.58$4
Apr 20020123.653.51$4
Mar 20020122.003.10$3
Feb 20020118.222.38$2
Jan 20020117.172.38$2
Dec 20010116.932.36$2
Nov 20010118.072.41$2
Oct 20010119.782.53$3
Sep 20010124.262.25$2
Aug 20010124.873.05$3
Jul 20010123.933.20$3
Jun 20010124.563.82$4
May 20010125.524.31$4
Apr 20010124.685.34$5
Mar 20010124.545.38$5
Feb 20010127.755.77$6
Jan 20010127.478.40$8
Dec 20000126.889.12$9
Nov 20000132.215.66$6
Oct 20000131.235.15$5
Sep 20000131.875.19$5
Aug 20000129.644.54$5
Jul 20000128.534.09$4
Jun 20000129.304.40$4
May 20000127.263.68$4
Apr 2000102124.513.12$2,503
Mar 20000128.422.86$3
Feb 2000103127.622.73$2,848
Jan 20000125.272.48$2
Dec 1999104124.282.42$2,528
Nov 19990123.192.43$2
Oct 1999139120.982.80$2,919
Sep 19990121.752.62$3
Aug 199971119.262.88$1,370
Jul 19990117.892.37$2
Jun 1999131115.942.36$2,091
May 19990115.792.32$2
Apr 1999155115.102.21$2,343
Mar 19990112.471.84$2
Feb 1999019.981.82$2
Jan 1999148110.381.90$1,538
Dec 1998019.201.77$2
Nov 1998178110.892.19$1,941
Oct 19980112.421.97$2
Sep 19980112.592.08$2
Aug 1998140111.301.91$1,584
Jul 1998156111.742.24$1,834
Jun 19980111.242.24$2
May 1998158112.622.21$1,996
Apr 19980113.042.51$3
Mar 19980112.802.31$2
Feb 19980113.952.30$2
Jan 19980114.702.15$2
Dec 19970116.322.41$2
Nov 1997160118.193.09$2,913
Oct 19970119.253.15$3
Sep 19970117.742.95$3
Aug 19970117.862.55$3
Jul 1997180117.582.25$3,167
Jun 19970117.242.26$2
May 199714615318.972.31$3,123
Apr 1997020317.882.08$423
Mar 1997186118.951.94$3,527
Feb 19970120.492.21$2
Jan 1997186823.483.54$4,396
Dec 199603123.32$0
Nov 19961887721.97$4,130
Oct 199616615523.31$3,869
Sep 199617418322.22$3,866
Aug 1996013920.26$0
Jul 199617017219.55$3,324
Jun 199617114518.73$3,203
May 1996015919.43$0
Apr 199616114021.51$3,463
Mar 199616612419.38$3,217
Feb 1996011216.98$0
Jan 199616614717.07$2,834
Dec 199516315317.19$2,802
Nov 199516416316.00$2,624
Oct 199516217315.43$2,500
Sep 199515513116.18$2,508
Aug 199517413915.92$2,770
Jul 199506815.24$0
Jun 199517118216.41$2,806
May 199516216517.56$2,845
Apr 199517020317.73$3,014
Mar 199516919416.44$2,778
Feb 19950116.58$0
Jan 1995162115.92$2,579
Dec 199415110515.03$2,270
Nov 199414613415.90$2,321
Oct 19941808915.58$2,804
Sep 199416514815.29$2,523
Aug 199416923416.13$2,726
Jul 199418312917.56$3,213
Jun 199416415717.09$2,803
May 199418010415.88$2,858
Apr 19941691714.14$2,390
Mar 199417118412.46$2,131
Feb 199417030312.50$2,125
Jan 199417944812.66$2,266
Dec 199316622912.33$2,047
Nov 199335355014.49$5,115
Oct 1993021815.85$0
Sep 199316864415.03$2,525
Aug 199317667615.66$2,756
Jul 19931648215.46$2,535
Jun 199318317216.79$3,073
May 1993354117.68$6,259
Apr 1993170118.05$3,069
Mar 1993168118.14$3,048
Feb 1993170117.90$3,043
Jan 1993356116.93$6,027

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.

Jul 2012 — as filed, then multipliedworked
Oil                  127 bbl  × $ 85.13 =    $10,812
Casinghead gas         0 Mcf  × $  3.02 =         $0

────────────────────────────────────────────────────
Month total                                  $10,812

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/8999 is the state's own key, not one this site invented.