THOMAS, JEFF GAS UNIT NO. 1

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

Gas lease lease 230318District 05Field 30321300Hydrogen sulphide field2 tax incentive programmesCondensateGasSaveExport
Value, all time
$10.2 M
Aug 2007 – May 2026
Value, last 12 filed months
$43 k
at the published price for each month
Months reported
226
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 478 leases and 478 wells, and the rule below applies to all of them.

Discovered
1977-03-17
as the register files it
Field class
Gas
the register's own label
Between wells
0 ft
minimum
From a lease line
330 ft
minimum

A drilling unit in this field needs at least 20 acres. The field rule took effect on 2010-11-30.

The register flags this field for hydrogen sulphide. That is a poisonous gas that occurs naturally in some formations. The flag is a property of the field as the Commission records it. It is not a measurement taken at this lease, and it is not a statement that gas is escaping anywhere.

The Commission's schedule remark for this field reads: PRORATION PURPOSES.

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 Gas112007-12-07179403
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
CondensateDisposition1,044 bbl$89,833
GasProduction1,894,282 Mcf$10,158,793
Total$10,248,625

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 31.4345, -96.2725. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.43453, -96.27246 · 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
0.0%
0 of 1 wells
With a plug date
0.0%
0 of 1 wells
Median depth
13,110 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
00.0%
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.
1100.0%

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 13,110 ft.

Completions filed
Aug 2007
1 of 1 wells

1 well

42-293319471813,110 ftAug 2007

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 (226)

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

226 months

May 20261854106.413.05$2,708
Apr 2026290798.932.87$2,801
Mar 2026093789.753.15$2,951
Feb 2026482463.503.75$3,344
Jan 2026193959.138.00$7,569
Dec 2025090556.664.41$3,994
Nov 2025988158.593.93$3,987
Oct 2025397359.383.30$3,394
Sep 2025192262.743.08$2,900
Aug 2025291763.933.01$2,892
Jul 2025092566.743.32$3,067
Jun 2025096966.483.13$3,032
May 202501,00060.553.23$3,232
Apr 2025199362.363.54$3,581
Mar 2025196067.704.27$4,165
Feb 2025060970.884.34$2,644
Jan 2025017174.324.28$732
Dec 2024013468.993.12$418
Nov 2024024369.052.20$534
Oct 2024016771.372.28$381
Sep 2024014269.612.36$336
Aug 202409275.632.06$190
Jul 2024030279.932.15$648
Jun 2024031878.082.63$838
May 2024027078.812.20$594
Apr 2024037984.451.66$629
Mar 2024036080.301.55$556
Feb 2024034976.091.78$622
Jan 2024035673.023.30$1,174
Dec 2023012471.262.61$324
Nov 2023026277.892.81$736
Oct 2023020685.443.09$636
Sep 2023027989.042.74$763
Aug 2023024180.522.67$644
Jul 2023027574.852.64$727
Jun 2023078168.962.26$1,764
May 2023047370.622.23$1,054
Apr 2023063878.122.24$1,428
Mar 2023073372.852.39$1,754
Feb 2023060075.112.47$1,479
Jan 2023035176.533.39$1,189
Dec 2022058576.415.73$3,352
Nov 2022075385.005.65$4,252
Oct 202202,64787.185.86$15,521
Sep 2022095784.888.16$7,813
Aug 202201,54894.529.13$14,129
Jul 202201,970101.587.54$14,858
Jun 202201,190115.097.98$9,493
May 20220754109.378.43$6,359
Apr 20220876104.226.84$5,990
Mar 20220407108.885.08$2,066
Feb 202201,32891.054.86$6,453
Jan 2022062981.844.54$2,854
Dec 202101,92171.323.90$7,490
Nov 202101,17677.435.24$6,159
Oct 202102,23079.795.71$12,742
Sep 202101,99069.865.35$10,648
Aug 202102,22066.024.22$9,370
Jul 202101,88170.783.98$7,490
Jun 202101,03369.493.38$3,492
May 202101,07263.483.02$3,235
Apr 202102,48560.362.76$6,855
Mar 202106,55461.302.72$17,807
Feb 202103,14357.805.55$17,437
Jan 2021087750.412.81$2,465
Dec 202002,28344.642.68$6,108
Nov 202001,23338.772.71$3,337
Oct 202002,48336.972.48$6,154
Sep 202001,95937.091.99$3,900
Aug 202002,85139.982.39$6,800
Jul 202002,62438.371.83$4,789
Jun 202002,17234.901.69$3,671
May 2020093016.921.81$1,688
Apr 202001,67014.751.80$3,013
Mar 202001,56630.341.86$2,907
Feb 202002,07049.881.98$4,100
Jan 202003,20357.252.09$6,709
Dec 201903,10459.012.30$7,153
Nov 201903,21855.302.75$8,852
Oct 201903,28353.472.42$7,940
Sep 20191801,82555.052.66$14,759
Aug 201903,00153.112.30$6,915
Jul 201904,44856.272.46$10,942
Jun 201903,62052.782.49$9,018
May 201903,36458.482.74$9,218
Apr 201903,56562.632.75$9,806
Mar 201904,22456.803.06$12,934
Feb 201904,01050.852.79$11,197
Jan 201905,18146.033.23$16,725
Dec 201804,38746.594.19$18,362
Nov 201804,69852.934.24$19,907
Oct 201805,55561.443.40$18,876
Sep 201805,21359.543.11$16,202
Aug 201804,72059.403.07$14,474
Jul 201804,61765.142.93$13,536
Jun 201804,43960.183.08$13,658
May 201804,89065.382.90$14,185
Apr 201805,21063.842.90$15,113
Mar 201804,75061.222.79$13,237
Feb 201805,22061.782.77$14,439
Jan 201805,87062.874.01$23,535
Dec 201705,07657.272.92$14,830
Nov 201703,71955.423.12$11,597
Oct 201703,42849.292.98$10,228
Sep 201702,25647.523.09$6,965
Aug 201702,27645.373.00$6,838
Jul 201704,64543.873.09$14,340
Jun 201706,95042.493.09$21,457
May 201702,28945.373.26$7,470
Apr 201701,76347.933.21$5,662
Mar 201701,72446.772.98$5,144
Feb 201701,63850.452.95$4,836
Jan 201701,86449.413.42$6,373
Dec 201602,46548.763.72$9,177
Nov 201602,82842.492.64$7,478
Oct 201605,69446.193.09$17,596
Sep 201602,32741.553.10$7,215
Aug 201602,26341.442.92$6,618
Jul 201602,54141.622.92$7,431
Jun 201602,95645.352.69$7,939
May 201603,50742.521.99$6,983
Apr 201603,85036.561.99$7,666
Mar 201604,65433.011.79$8,349
Feb 201606,95226.472.06$14,346
Jan 201609,00627.352.36$21,293
Dec 201503,80132.362.00$7,607
Nov 201503,61838.792.17$7,841
Oct 201503,58243.552.43$8,692
Sep 201504,07942.992.76$11,252
Aug 201504,42640.162.87$12,714
Jul 201504,56648.152.95$13,447
Jun 201505,06156.152.88$14,590
May 201507,20855.212.96$21,303
Apr 201506,51449.822.71$17,631
Mar 201504,50842.892.93$13,230
Feb 201506,80544.662.98$20,253
Jan 201505,21943.433.10$16,182
Dec 201407,53554.693.59$27,061
Nov 201406,08170.464.25$25,855
Oct 20141736,35678.303.90$38,340
Sep 201409,22386.164.05$37,311
Aug 201409,73589.394.04$39,282
Jul 201407,67796.564.18$32,087
Jun 201407,88698.164.74$37,355
May 201409,08394.734.73$42,931
Apr 201406,24795.944.81$30,043
Mar 201408,10795.895.06$40,995
Feb 201409,12797.406.19$56,514
Jan 2014010,42690.404.86$50,678
Dec 2013010,45691.824.35$45,530
Nov 201308,68288.853.74$32,456
Oct 2013010,87797.423.78$41,108
Sep 2013011,259104.113.72$41,858
Aug 201306,956104.253.52$24,503
Jul 20130949102.523.72$3,528
Jun 201305,88894.403.93$23,160
May 201309,39894.834.15$38,993
Apr 201308,69593.964.28$37,237
Mar 201308,77493.623.91$34,332
Feb 201309,11991.233.42$31,186
Jan 201309,57991.603.42$32,759
Dec 201209,81386.773.42$33,562
Nov 2012010,50586.953.62$38,080
Oct 2012011,08489.383.40$37,682
Sep 2012011,40694.672.92$33,287
Aug 2012012,54692.662.91$36,486
Jul 2012012,37185.133.02$37,370
Jun 2012010,30379.822.52$25,954
May 201208,10191.612.49$20,158
Apr 201209,097101.652.00$18,165
Mar 201216610,303105.052.22$40,332
Feb 201209,910101.102.57$25,471
Jan 201208,73998.092.73$23,893
Dec 2011010,80196.873.24$34,992
Nov 2011010,50195.723.31$34,772
Oct 2011011,24884.983.65$41,039
Sep 2011010,77283.623.99$42,935
Aug 2011011,66183.404.15$48,385
Jul 2011011,35094.144.52$51,271
Jun 2011011,36892.904.64$52,746
May 2011412,17698.134.40$54,026
Apr 2011012,101105.964.33$52,437
Mar 2011013,01196.364.06$52,790
Feb 201109,83585.644.18$41,110
Jan 2011012,97386.504.59$59,530
Dec 2010013,42085.734.35$58,347
Nov 2010013,23980.843.80$50,246
Oct 2010013,10578.103.51$45,984
Sep 2010013,45672.633.98$53,548
Aug 2010014,88373.684.42$65,773
Jul 2010013,64672.554.74$64,634
Jun 2010014,87970.364.91$73,062
May 2010014,91671.124.24$63,173
Apr 2010015,05681.694.12$62,071
Mar 2010015,58778.394.39$68,406
Feb 2010215,38573.585.44$83,878
Jan 2010417,32374.365.96$103,613
Dec 2009017,34971.445.48$95,138
Nov 2009017,86674.593.75$67,024
Oct 2009018,97572.544.11$77,992
Sep 2009018,86765.543.06$57,823
Aug 2009019,99267.423.22$64,344
Jul 2009020,54561.133.46$71,178
Jun 200918220,54366.163.90$92,056
May 2009021,90454.743.93$85,990
Apr 2009721,99446.773.59$79,231
Mar 2009724,16142.144.06$98,364
Feb 2009522,61932.814.63$104,958
Jan 2009826,11135.865.37$140,529
Dec 2008026,96037.105.98$161,144
Nov 2008226,54855.496.86$182,240
Oct 2008228,15175.246.92$195,011
Sep 2008129,063101.767.88$229,034
Aug 2008231,801114.228.48$269,997
Jul 20081130,556131.0811.39$349,457
Jun 200817932,241131.3313.03$443,693
May 2008834,693123.1711.57$402,532
Apr 2008435,970110.3110.45$376,503
Mar 2008739,755101.909.66$384,908
Feb 20081340,47492.538.77$356,183
Jan 2008946,09990.388.21$379,089
Dec 20071151,90788.337.30$379,995
Nov 2007959,88191.677.29$437,459
Oct 20071772,64982.856.92$504,283
Sep 2007452,22975.846.24$326,430
Aug 2007232,89369.066.39$210,257

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.

May 2026 — as filed, then multipliedworked
Condensate             1 bbl  × $106.41 =       $106
Gas                  854 Mcf  × $  3.05 =     $2,601

────────────────────────────────────────────────────
Month total                                   $2,708

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/230318 is the state's own key, not one this site invented.