JEFF THOMAS 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 257380District 05Field 30321300Hydrogen sulphide field2 tax incentive programmesCondensateGasSaveExport
Value, all time
$3.0 M
Jun 2010 – May 2026
Value, last 12 filed months
$29 k
at the published price for each month
Months reported
192
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 Gas112010-09-28199765
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
CondensateDisposition3 bbl$211
GasProduction803,473 Mcf$2,980,721
Total$2,980,932

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 31.4329, -96.2655. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.43289, -96.26553 · 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
13,262 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 13,262 ft.

Completions filed
Jun 2010
1 of 1 wells

1 well

42-293322042013,262 ftJun 2010

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 (192)

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

192 months

May 20260392106.413.05$1,194
Apr 2026034598.932.87$990
Mar 2026071089.753.15$2,236
Feb 2026068963.503.75$2,584
Jan 2026058559.138.00$4,679
Dec 2025021156.664.41$931
Nov 2025028058.593.93$1,099
Oct 2025042859.383.30$1,414
Sep 202501,00862.743.08$3,102
Aug 202502,53463.933.01$7,639
Jul 2025069166.743.32$2,291
Jun 2025014066.483.13$438
May 2025015760.553.23$507
Apr 2025036562.363.54$1,293
Mar 202501,76167.704.27$7,517
Feb 2025018970.884.34$820
Jan 2025027074.324.28$1,155
Dec 2024014368.993.12$446
Nov 2024018269.052.20$400
Oct 2024058171.372.28$1,325
Sep 2024090969.612.36$2,149
Aug 202401,15875.632.06$2,390
Jul 2024084379.932.15$1,810
Jun 202401,51978.082.63$4,001
May 202401,62678.812.20$3,575
Apr 202401,45384.451.66$2,411
Mar 202401,50480.301.55$2,324
Feb 202401,06976.091.78$1,907
Jan 2024078573.023.30$2,589
Dec 2023070071.262.61$1,828
Nov 2023010477.892.81$292
Oct 2023012885.443.09$395
Sep 2023055789.042.74$1,523
Aug 2023033480.522.67$893
Jul 2023029574.852.64$779
Jun 2023051768.962.26$1,168
May 2023031870.622.23$708
Apr 2023016078.122.24$358
Mar 2023023672.852.39$565
Feb 2023042275.112.47$1,041
Jan 2023066176.533.39$2,239
Dec 2022014576.415.73$831
Nov 2022064985.005.65$3,664
Oct 2022065787.185.86$3,852
Sep 2022077184.888.16$6,294
Aug 2022017794.529.13$1,616
Jul 202201,436101.587.54$10,830
Jun 20220679115.097.98$5,417
May 20220472109.378.43$3,980
Apr 20220864104.226.84$5,908
Mar 20220800108.885.08$4,061
Feb 2022019391.054.86$938
Jan 2022021681.844.54$980
Dec 2021021171.323.90$823
Nov 2021079777.435.24$4,174
Oct 202101,20379.795.71$6,874
Sep 202101,70969.865.35$9,145
Aug 202101,88766.024.22$7,964
Jul 2021036570.783.98$1,453
Jun 2021048469.493.38$1,636
May 2021036063.483.02$1,086
Apr 2021030860.362.76$850
Mar 2021075961.302.72$2,062
Feb 2021027557.805.55$1,526
Jan 2021030650.412.81$860
Dec 2020042444.642.68$1,134
Nov 2020034938.772.71$945
Oct 2020033136.972.48$820
Sep 2020032637.091.99$649
Aug 202001,08739.982.39$2,593
Jul 2020050138.371.83$914
Jun 2020033334.901.69$563
May 2020023216.921.81$421
Apr 2020014514.751.80$262
Mar 2020077330.341.86$1,435
Feb 202001,34549.881.98$2,664
Jan 202001,13357.252.09$2,373
Dec 2019020259.012.30$465
Nov 2019020255.302.75$556
Oct 2019083853.472.42$2,027
Sep 201901,20055.052.66$3,189
Aug 201904,37053.112.30$10,070
Jul 201904,28956.272.46$10,551
Jun 201904,23252.782.49$10,543
May 201904,47658.482.74$12,266
Apr 201903,74762.632.75$10,307
Mar 201904,46156.803.06$13,660
Feb 201903,86150.852.79$10,781
Jan 201903,27846.033.23$10,582
Dec 201804,62046.594.19$19,337
Nov 201803,78152.934.24$16,021
Oct 201803,51061.443.40$11,927
Sep 2018095359.543.11$2,962
Aug 201801,92359.403.07$5,897
Jul 201801,61165.142.93$4,723
Jun 2018066260.183.08$2,037
May 201801,33665.382.90$3,875
Apr 2018063863.842.90$1,851
Mar 201801,24161.222.79$3,458
Feb 201801,42261.782.77$3,933
Jan 201801,90062.874.01$7,618
Dec 2017069857.272.92$2,039
Nov 2017070155.423.12$2,186
Oct 2017096149.292.98$2,867
Sep 201702,97247.523.09$9,175
Aug 2017057245.373.00$1,719
Jul 2017063943.873.09$1,973
Jun 201702,24242.493.09$6,922
May 201701,02645.373.26$3,348
Apr 2017050247.933.21$1,612
Mar 201701,02046.772.98$3,043
Feb 201701,02550.452.95$3,026
Jan 2017038449.413.42$1,313
Dec 2016063448.763.72$2,360
Nov 2016085342.492.64$2,256
Oct 201602,33446.193.09$7,213
Sep 201602,65841.553.10$8,241
Aug 2016033741.442.92$986
Jul 2016038641.622.92$1,129
Jun 201602,12645.352.69$5,710
May 2016091042.521.99$1,812
Apr 201601,13036.561.99$2,250
Mar 201602,36133.011.79$4,236
Feb 201602,60926.472.06$5,384
Jan 201602,76227.352.36$6,530
Dec 201502,37732.362.00$4,757
Nov 201503,22838.792.17$6,996
Oct 201502,96143.552.43$7,185
Sep 201502,06442.992.76$5,693
Aug 201503,91140.162.87$11,234
Jul 201503,63248.152.95$10,697
Jun 201502,57156.152.88$7,412
May 201503,77255.212.96$11,148
Apr 201504,65449.822.71$12,596
Mar 201503,65042.892.93$10,712
Feb 201502,48644.662.98$7,399
Jan 201503,85343.433.10$11,947
Dec 201404,26754.693.59$15,324
Nov 201404,01970.464.25$17,088
Oct 201404,64678.303.90$18,124
Sep 201404,74386.164.05$19,188
Aug 201403,46689.394.04$13,986
Jul 201401,70496.564.18$7,122
Jun 201402,51498.164.74$11,909
May 201403,65394.734.73$17,266
Apr 201402,47195.944.81$11,883
Mar 201402,18395.895.06$11,039
Feb 201403,28697.406.19$20,347
Jan 201403,82690.404.86$18,597
Dec 201303,38291.824.35$14,727
Nov 201304,53788.853.74$16,961
Oct 201303,93397.423.78$14,864
Sep 201305,042104.113.72$18,745
Aug 201304,850104.253.52$17,085
Jul 201304,940102.523.72$18,366
Jun 201304,55094.403.93$17,897
May 201305,64894.834.15$23,434
Apr 201305,57293.964.28$23,863
Mar 201306,81093.623.91$26,647
Feb 201306,22691.233.42$21,292
Jan 201305,77791.603.42$19,757
Dec 201207,57686.773.42$25,911
Nov 201207,69386.953.62$27,887
Oct 201208,22189.383.40$27,949
Sep 201207,84294.672.92$22,886
Aug 201209,34192.662.91$27,165
Jul 201209,12785.133.02$27,571
Jun 201208,55479.822.52$21,548
May 2012011,22591.612.49$27,931
Apr 2012011,231101.652.00$22,426
Mar 2012011,627105.052.22$25,836
Feb 2012011,663101.102.57$29,977
Jan 2012013,32098.092.73$36,418
Dec 2011013,73896.873.24$44,508
Nov 2011013,98695.723.31$46,312
Oct 2011014,94084.983.65$54,509
Sep 2011015,43383.623.99$61,513
Aug 2011014,61983.404.15$60,659
Jul 2011015,81894.144.52$71,454
Jun 2011015,00792.904.64$69,631
May 2011017,88098.134.40$78,758
Apr 2011017,987105.964.33$77,943
Mar 2011019,74796.364.06$80,120
Feb 2011019,31685.644.18$80,740
Jan 2011023,67486.504.59$108,635
Dec 2010026,98385.734.35$117,315
Nov 2010030,17580.843.80$114,524
Oct 2010039,60078.103.51$138,952
Sep 2010020,54972.633.98$81,774
Aug 2010016,85373.684.42$74,479
Jul 2010044,76272.554.74$212,015
Jun 2010323,52670.364.91$115,733

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             0 bbl  × $106.41 =         $0
Gas                  392 Mcf  × $  3.05 =     $1,194

────────────────────────────────────────────────────
Month total                                   $1,194

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/257380 is the state's own key, not one this site invented.