THOMPSON HEIRS

Operated by MITCHELL ENERGY COMPANY L.P. (P-5 570653) in the IVANHOE, WEST (RODESSA) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 121921District 05Field 44855600NGPA filingCondensateGasSaveExport
Value, all time
$127 k
Jan 1993 – Feb 2001
Value, last 12 filed months
$540
at the published price for each month
Months reported
98
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 9 leases and 9 wells, and the rule below applies to all of them.

Discovered
1984-08-29
as the register files it
Field class
Gas
the register's own label
Between wells
1,867 ft
minimum
From a lease line
933 ft
minimum

A drilling unit in this field needs at least 320 acres. The field rule took effect on 1986-08-01.

The Commission's schedule remark for this field reads: AOF-1 AND AOF-2 EFFECTIVE 08/01/97.

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
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
CondensateDisposition1,686 bbl$28,609
GasProduction257,742 Mcf$98,807
Total$127,416

217,527 Mcf of this lease's gas, across 46 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 31.3800, -96.4726. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.38002, -96.47259 · 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
7,300 ft
1 wells filed one
Completion to plug
14.6 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 7,300 ft.

Completions filed
Jul 1986
1 of 1 wells
Plug dates filed
Feb 2001
1 of 1 wells

Last completion to plug: a median of 14.6 years across the 1 well that filed both dates, with the middle half between 14.6 years and 14.6 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-2933083227,300 ftJul 1986Feb 2001Yes

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 (98)

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

98 months

Feb 20010027.755.77$0
Jan 20010027.478.40$0
Dec 20000026.889.12$0
Nov 20000032.215.66$0
Oct 20000031.235.15$0
Sep 20000031.875.19$0
Aug 20000029.644.54$0
Jul 20000028.534.09$0
Jun 20000029.304.40$0
May 20000027.263.68$0
Apr 20000024.513.12$0
Mar 200019028.422.86$540
Feb 20000027.622.73$0
Jan 20000025.272.48$0
Dec 19990024.282.42$0
Nov 19990023.192.43$0
Oct 19990020.982.80$0
Sep 19990021.752.62$0
Aug 19990019.262.88$0
Jul 19990017.892.37$0
Jun 19990015.942.36$0
May 19990015.792.32$0
Apr 19990015.102.21$0
Mar 1999102012.471.84$1,272
Feb 199962339.981.82$483
Jan 1999032210.381.90$612
Dec 199803679.201.77$651
Nov 1998038710.892.19$846
Oct 1998035512.421.97$699
Sep 1998032312.592.08$673
Aug 199831,53911.301.91$2,969
Jul 199801,05711.742.24$2,365
Jun 199801,26111.242.24$2,821
May 199801,56212.622.21$3,446
Apr 199801,40913.042.51$3,530
Mar 199801,03812.802.31$2,397
Feb 1998096513.952.30$2,219
Jan 1998096614.702.15$2,082
Dec 199701,41516.322.41$3,412
Nov 199701,33618.193.09$4,126
Oct 199701,26919.253.15$3,997
Sep 199701,56917.742.95$4,636
Aug 199701,90317.862.55$4,862
Jul 199701,96217.582.25$4,409
Jun 199701,92717.242.26$4,350
May 199701,83918.972.31$4,245
Apr 199702,49217.882.08$5,190
Mar 199703,42118.951.94$6,634
Feb 19971814,24720.492.21$13,077
Jan 199705,05123.483.54$17,879
Dec 199602,55223.32$0
Nov 199602,49621.97$0
Oct 199603,06423.31$0
Sep 199602,52622.22$0
Aug 199603,01220.26$0
Jul 199604,19819.55$0
Jun 199605,96218.73$0
May 199605,02919.43$0
Apr 19961817,45621.51$3,893
Mar 199604,60219.38$0
Feb 199605,31016.98$0
Jan 199606,54417.07$0
Dec 19951655,69617.19$2,836
Nov 199506,61216.00$0
Oct 199507,17415.43$0
Sep 199506,94116.18$0
Aug 19951698,77815.92$2,690
Jul 199508,28915.24$0
Jun 199508,33016.41$0
May 19951809,06217.56$3,161
Apr 199507,16117.73$0
Mar 199506,79016.44$0
Feb 19951826,29216.58$3,018
Jan 199507,46115.92$0
Dec 199403,99915.03$0
Nov 1994036015.90$0
Oct 19940015.58$0
Sep 19940015.29$0
Aug 199401,25716.13$0
Jul 1994098617.56$0
Jun 199401,45017.09$0
May 199402,63015.88$0
Apr 199404,42414.14$0
Mar 199402,83912.46$0
Feb 19941622,57412.50$2,025
Jan 199404,75512.66$0
Dec 199303,37112.33$0
Nov 199303,65314.49$0
Oct 199303,08915.85$0
Sep 19931673,32115.03$2,510
Aug 199305,27815.66$0
Jul 199303,83915.46$0
Jun 199303,19216.79$0
May 199304,57017.68$0
Apr 199304,71418.05$0
Mar 199305,34818.14$0
Feb 199304,88817.90$0
Jan 19931695,65316.93$2,861

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 2000 — as filed, then multipliedworked
Condensate            19 bbl  × $ 28.42 =       $540
Gas                    0 Mcf  × $  2.86 =         $0

────────────────────────────────────────────────────
Month total                                     $540

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. 05/G/121921 is the state's own key, not one this site invented.