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 240450District 05Field 30321300Hydrogen sulphide field2 tax incentive programmesCondensateGasSaveExport
Value, all time
$4.4 M
May 2008 – May 2026
Value, last 12 filed months
$68 k
at the published price for each month
Months reported
217
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 Gas112008-10-27186602
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
CondensateDisposition96 bbl$9,225
GasProduction932,397 Mcf$4,362,075
Total$4,371,300

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 31.4312, -96.2690. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.43120, -96.26900 · 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
13,218 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 13,218 ft.

Completions filed
May 2008
1 of 1 wells

1 well

42-293319461613,218 ftMay 2008

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 (217)

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

217 months

May 202611,549106.413.05$4,824
Apr 202601,21098.932.87$3,472
Mar 202601,39889.753.15$4,403
Feb 202601,31163.503.75$4,917
Jan 202611,49659.138.00$12,024
Dec 202501,02256.664.41$4,510
Nov 202501,17358.593.93$4,606
Oct 202501,19659.383.30$3,953
Sep 202512,22462.743.08$6,906
Aug 202511,36163.933.01$4,167
Jul 202502,38366.743.32$7,900
Jun 202501,93666.483.13$6,057
May 202501,89860.553.23$6,135
Apr 202501,79562.363.54$6,360
Mar 202511,81067.704.27$7,793
Feb 202501,30770.884.34$5,673
Jan 202502,11774.324.28$9,058
Dec 202401,64368.993.12$5,128
Nov 202401,98569.052.20$4,364
Oct 202401,88171.372.28$4,291
Sep 202401,71069.612.36$4,043
Aug 202401,40575.632.06$2,899
Jul 202401,34979.932.15$2,896
Jun 202411,57278.082.63$4,219
May 202401,21978.812.20$2,680
Apr 202411,53384.451.66$2,628
Mar 202401,47880.301.55$2,284
Feb 202401,26476.091.78$2,255
Jan 202401,67573.023.30$5,524
Dec 202301,57371.262.61$4,107
Nov 202301,69677.892.81$4,762
Oct 202301,83985.443.09$5,678
Sep 202301,64389.042.74$4,494
Aug 2023099980.522.67$2,670
Jul 202301,88074.852.64$4,967
Jun 2023059768.962.26$1,348
May 202301,53770.622.23$3,424
Apr 202301,53278.122.24$3,428
Mar 202302,02372.852.39$4,841
Feb 202302,12575.112.47$5,240
Jan 202302,68476.533.39$9,093
Dec 202202,69676.415.73$15,446
Nov 202201,07185.005.65$6,047
Oct 2022072087.185.86$4,222
Sep 202202,20684.888.16$18,009
Aug 202201,00894.529.13$9,200
Jul 20220835101.587.54$6,298
Jun 20220977115.097.98$7,794
May 202201,723109.378.43$14,530
Apr 202201,016104.226.84$6,947
Mar 202201,447108.885.08$7,346
Feb 202201,31391.054.86$6,380
Jan 202201,06081.844.54$4,810
Dec 202102,03171.323.90$7,919
Nov 202102,25177.435.24$11,788
Oct 202102,29079.795.71$13,085
Sep 202101,63869.865.35$8,765
Aug 202102,03166.024.22$8,572
Jul 202101,15470.783.98$4,595
Jun 202101,51069.493.38$5,105
May 202101,78963.483.02$5,399
Apr 202101,97160.362.76$5,437
Mar 202102,53461.302.72$6,885
Feb 202101,58457.805.55$8,788
Jan 202101,47750.412.81$4,151
Dec 202002,19544.642.68$5,873
Nov 202002,84038.772.71$7,687
Oct 202004,39436.972.48$10,890
Sep 202001,44237.091.99$2,871
Aug 202001,00639.982.39$2,399
Jul 202001,24338.371.83$2,269
Jun 202001,49234.901.69$2,522
May 202001,27916.921.81$2,321
Apr 202001,19214.751.80$2,151
Mar 202001,32730.341.86$2,463
Feb 202001,23849.881.98$2,452
Jan 202001,90757.252.09$3,995
Dec 201902,43659.012.30$5,613
Nov 201902,39455.302.75$6,585
Oct 201902,46353.472.42$5,957
Sep 201902,85155.052.66$7,576
Aug 201902,00153.112.30$4,611
Jul 201901,68956.272.46$4,155
Jun 201902,32052.782.49$5,780
May 201902,80158.482.74$7,676
Apr 201902,65062.632.75$7,289
Mar 201902,44756.803.06$7,493
Feb 201901,35950.852.79$3,795
Jan 201901,82146.033.23$5,879
Dec 201802,51546.594.19$10,526
Nov 201802,12552.934.24$9,004
Oct 201802,72861.443.40$9,270
Sep 201802,74459.543.11$8,528
Aug 201802,62159.403.07$8,037
Jul 201802,79265.142.93$8,186
Jun 201802,60760.183.08$8,022
May 201802,79865.382.90$8,116
Apr 201802,81363.842.90$8,160
Mar 201803,13761.222.79$8,742
Feb 201802,48461.782.77$6,871
Jan 201802,58462.874.01$10,360
Dec 201702,34457.272.92$6,848
Nov 201702,84255.423.12$8,862
Oct 201702,95549.292.98$8,817
Sep 201702,95347.523.09$9,117
Aug 201702,88845.373.00$8,677
Jul 201702,93743.873.09$9,067
Jun 201702,91842.493.09$9,009
May 201702,81245.373.26$9,177
Apr 201702,75047.933.21$8,832
Mar 201702,83546.772.98$8,459
Feb 201702,78650.452.95$8,226
Jan 201703,01249.413.42$10,297
Dec 201602,58448.763.72$9,620
Nov 201602,94242.492.64$7,780
Oct 201603,18446.193.09$9,839
Sep 201603,07541.553.10$9,534
Aug 201602,90641.442.92$8,498
Jul 201603,20841.622.92$9,381
Jun 201603,19545.352.69$8,581
May 201603,30142.521.99$6,572
Apr 201603,33636.561.99$6,642
Mar 201603,38933.011.79$6,080
Feb 201603,22926.472.06$6,663
Jan 201602,82627.352.36$6,682
Dec 201503,48832.362.00$6,981
Nov 201503,42938.792.17$7,432
Oct 201503,35043.552.43$8,129
Sep 201503,19742.992.76$8,819
Aug 201503,24340.162.87$9,315
Jul 201503,27548.152.95$9,645
Jun 201503,48056.152.88$10,032
May 201503,36855.212.96$9,954
Apr 201503,76749.822.71$10,196
Mar 201503,39242.892.93$9,955
Feb 201503,40444.662.98$10,131
Jan 201503,53943.433.10$10,973
Dec 201403,69654.693.59$13,274
Nov 201403,92570.464.25$16,688
Oct 201403,27078.303.90$12,756
Sep 201403,36086.164.05$13,593
Aug 201403,83589.394.04$15,475
Jul 201404,01596.564.18$16,781
Jun 201403,66098.164.74$17,337
May 201403,86394.734.73$18,259
Apr 201403,85295.944.81$18,525
Mar 201404,07995.895.06$20,627
Feb 201403,73797.406.19$23,140
Jan 201404,20990.404.86$20,459
Dec 201304,34091.824.35$18,898
Nov 201304,21588.853.74$15,757
Oct 201303,88597.423.78$14,683
Sep 201304,319104.113.72$16,057
Aug 201304,382104.253.52$15,436
Jul 201304,354102.523.72$16,187
Jun 201304,41794.403.93$17,374
May 201304,38394.834.15$18,185
Apr 201303,66193.964.28$15,679
Mar 201304,62093.623.91$18,077
Feb 201304,15391.233.42$14,203
Jan 201304,66091.603.42$15,937
Dec 201204,95786.773.42$16,954
Nov 201204,41886.953.62$16,015
Oct 201204,95189.383.40$16,832
Sep 201204,68994.672.92$13,684
Aug 201205,15492.662.91$14,989
Jul 201205,05985.133.02$15,282
Jun 201204,99979.822.52$12,593
May 201205,18491.612.49$12,899
Apr 201205,035101.652.00$10,054
Mar 201205,732105.052.22$12,737
Feb 201205,336101.102.57$13,715
Jan 201205,69598.092.73$15,571
Dec 201106,11396.873.24$19,805
Nov 201105,86095.723.31$19,404
Oct 201105,63684.983.65$20,563
Sep 201106,19583.623.99$24,692
Aug 201106,52883.404.15$27,087
Jul 201107,02494.144.52$31,729
Jun 201106,52792.904.64$30,285
May 201105,20298.134.40$22,914
Apr 201105,586105.964.33$24,206
Mar 201106,32596.364.06$25,663
Feb 201104,88785.644.18$20,428
Jan 201106,12386.504.59$28,097
Dec 201006,37085.734.35$27,695
Nov 201006,53280.843.80$24,791
Oct 201006,86378.103.51$24,082
Sep 201006,94272.633.98$27,625
Aug 201007,43373.684.42$32,849
Jul 201008,23172.554.74$38,986
Jun 201006,23270.364.91$30,602
May 201007,95471.124.24$33,687
Apr 201007,82781.694.12$32,268
Mar 201008,40678.394.39$36,891
Feb 201008,09573.585.44$44,056
Jan 201019,23274.365.96$55,135
Dec 200908,55171.445.48$46,892
Nov 200909,44174.593.75$35,418
Oct 200909,30472.544.11$38,242
Sep 2009010,31265.543.06$31,604
Aug 2009011,10867.423.22$35,751
Jul 2009011,87761.133.46$41,148
Jun 2009012,19366.163.90$47,492
May 2009013,31554.743.93$52,271
Apr 2009413,97246.773.59$50,312
Mar 2009515,88942.144.06$64,704
Feb 20091515,78332.814.63$73,615
Jan 2009619,85335.865.37$106,846
Dec 2008023,30337.105.98$139,285
Nov 2008013,14355.496.86$90,166
Oct 2008013,73475.246.92$95,066
Sep 2008017,730101.767.88$139,661
Aug 2008126,829114.228.48$227,705
Jul 20081331,445131.0811.39$359,845
Jun 20083532,061131.3313.03$422,436
May 200895,098123.1711.57$60,114

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                1,549 Mcf  × $  3.05 =     $4,718

────────────────────────────────────────────────────
Month total                                   $4,824

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/240450 is the state's own key, not one this site invented.