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 265066District 05Field 30321300Hydrogen sulphide field2 tax incentive programmesCondensateGasSaveExport
Value, all time
$8.7 M
Apr 2011 – May 2026
Value, last 12 filed months
$113 k
at the published price for each month
Months reported
182
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 Gas112012-11-26207884
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
CondensateDisposition9 bbl$569
GasProduction2,423,792 Mcf$8,704,095
Total$8,704,664

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 31.4287, -96.2732. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.42870, -96.27321 · 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
14,024 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 14,024 ft.

Completions filed
Apr 2011
1 of 1 wells

1 well

42-2933228722H14,024 ftApr 2011

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 (182)

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

182 months

May 202601,428106.413.05$4,349
Apr 202602,09198.932.87$6,001
Mar 202603,37589.753.15$10,629
Feb 202612,76763.503.75$10,441
Jan 202602,55259.138.00$20,411
Dec 202502,02856.664.41$8,950
Nov 202542,33958.593.93$9,418
Oct 202512,64259.383.30$8,791
Sep 202503,16162.743.08$9,726
Aug 202512,95463.933.01$8,970
Jul 202502,00466.743.32$6,644
Jun 202502,69266.483.13$8,423
May 202503,14960.553.23$10,179
Apr 202502,97162.363.54$10,527
Mar 202503,22967.704.27$13,782
Feb 202503,09570.884.34$13,435
Jan 202503,42374.324.28$14,646
Dec 202413,73268.993.12$11,718
Nov 202404,16169.052.20$9,148
Oct 202403,21571.372.28$7,335
Sep 2024027769.612.36$655
Aug 202401,88975.632.06$3,898
Jul 202402,53679.932.15$5,444
Jun 202402,95678.082.63$7,786
May 202411,83278.812.20$4,106
Apr 202402,26384.451.66$3,755
Mar 202402,51280.301.55$3,881
Feb 202401,81976.091.78$3,244
Jan 202402,59473.023.30$8,554
Dec 202302,23671.262.61$5,838
Nov 202302,45677.892.81$6,895
Oct 202303,25685.443.09$10,052
Sep 202302,18589.042.74$5,976
Aug 202302,68180.522.67$7,166
Jul 202302,92074.852.64$7,714
Jun 202302,24568.962.26$5,070
May 202302,47870.622.23$5,520
Apr 202302,24678.122.24$5,026
Mar 202303,15672.852.39$7,553
Feb 202302,68075.112.47$6,608
Jan 202302,12476.533.39$7,196
Dec 202202,66776.415.73$15,279
Nov 202202,52285.005.65$14,240
Oct 202202,92187.185.86$17,128
Sep 202202,48684.888.16$20,295
Aug 202202,93994.529.13$26,825
Jul 202201,728101.587.54$13,033
Jun 202202,409115.097.98$19,217
May 202203,180109.378.43$26,817
Apr 202202,474104.226.84$16,916
Mar 202202,256108.885.08$11,452
Feb 202202,68891.054.86$13,061
Jan 202202,21981.844.54$10,069
Dec 202102,36371.323.90$9,214
Nov 202102,61977.435.24$13,715
Oct 202102,90479.795.71$16,593
Sep 202103,19669.865.35$17,102
Aug 202103,57966.024.22$15,105
Jul 202103,19270.783.98$12,711
Jun 202103,25469.493.38$11,001
May 202104,18963.483.02$12,641
Apr 202103,28460.362.76$9,059
Mar 202103,86361.302.72$10,496
Feb 202103,62757.805.55$20,122
Jan 202103,87350.412.81$10,884
Dec 202004,46444.642.68$11,943
Nov 202003,79238.772.71$10,263
Oct 202003,69036.972.48$9,145
Sep 202003,47837.091.99$6,925
Aug 202003,20139.982.39$7,635
Jul 202003,39438.371.83$6,194
Jun 202002,94034.901.69$4,970
May 202003,35616.921.81$6,090
Apr 202003,39514.751.80$6,126
Mar 202003,65430.341.86$6,783
Feb 202003,10949.881.98$6,158
Jan 202003,41757.252.09$7,158
Dec 201903,30059.012.30$7,604
Nov 201903,23755.302.75$8,904
Oct 201903,34453.472.42$8,088
Sep 201904,46755.052.66$11,870
Aug 201904,97653.112.30$11,467
Jul 201904,81856.272.46$11,853
Jun 201904,78252.782.49$11,913
May 201905,03158.482.74$13,787
Apr 201905,12462.632.75$14,095
Mar 201904,18656.803.06$12,818
Feb 201904,45750.852.79$12,445
Jan 201905,16146.033.23$16,661
Dec 201805,12746.594.19$21,459
Nov 201804,83752.934.24$20,496
Oct 201804,87461.443.40$16,562
Sep 201805,29459.543.11$16,454
Aug 201805,65259.403.07$17,332
Jul 201803,69665.142.93$10,836
Jun 201804,61960.183.08$14,212
May 201805,74165.382.90$16,653
Apr 201806,47263.842.90$18,774
Mar 201805,71161.222.79$15,916
Feb 201805,55761.782.77$15,371
Jan 201807,05062.874.01$28,266
Dec 201706,75657.272.92$19,738
Nov 201706,19455.423.12$19,315
Oct 201706,71449.292.98$20,032
Sep 201706,31247.523.09$19,487
Aug 201706,58645.373.00$19,787
Jul 201707,22343.873.09$22,299
Jun 201706,54342.493.09$20,200
May 201707,08245.373.26$23,111
Apr 201706,99447.933.21$22,462
Mar 201707,68646.772.98$22,933
Feb 201706,49650.452.95$19,180
Jan 201708,38549.413.42$28,667
Dec 201608,97148.763.72$33,398
Nov 201606,83042.492.64$18,061
Oct 201607,51446.193.09$23,220
Sep 201608,29641.553.10$25,723
Aug 201608,07941.442.92$23,626
Jul 201608,60441.622.92$25,161
Jun 201608,77745.352.69$23,574
May 201609,16742.521.99$18,252
Apr 201608,46336.561.99$16,850
Mar 201609,38533.011.79$16,837
Feb 201608,93226.472.06$18,432
Jan 201609,81127.352.36$23,197
Dec 201509,97732.362.00$19,968
Nov 201509,61938.792.17$20,848
Oct 2015010,60443.552.43$25,731
Sep 2015010,38942.992.76$28,657
Aug 2015011,57140.162.87$33,238
Jul 201509,58548.152.95$28,229
Jun 2015012,02856.152.88$34,675
May 2015011,84455.212.96$35,004
Apr 2015011,87649.822.71$32,143
Mar 2015012,44042.892.93$36,508
Feb 2015011,53444.662.98$34,327
Jan 2015013,13443.433.10$40,724
Dec 2014013,64154.693.59$48,990
Nov 2014013,66570.464.25$58,101
Oct 2014014,72878.303.90$57,453
Sep 2014013,90586.164.05$56,252
Aug 2014015,91989.394.04$64,235
Jul 2014016,04796.564.18$67,070
Jun 2014014,42998.164.74$68,348
May 2014013,50794.734.73$63,842
Apr 2014015,43995.944.81$74,248
Mar 2014015,27395.895.06$77,233
Feb 2014013,62397.406.19$84,354
Jan 2014017,10090.404.86$83,118
Dec 2013016,24491.824.35$70,734
Nov 2013017,48788.853.74$65,371
Oct 2013018,34197.423.78$69,317
Sep 2013018,463104.113.72$68,641
Aug 2013019,682104.253.52$69,332
Jul 2013020,357102.523.72$75,682
Jun 2013021,02094.403.93$82,680
May 2013021,97394.834.15$91,168
Apr 2013022,56093.964.28$96,615
Mar 2013024,48793.623.91$95,814
Feb 2013022,75191.233.42$77,806
Jan 2013026,90791.603.42$92,020
Dec 2012028,07586.773.42$96,021
Nov 2012029,98486.953.62$108,691
Oct 2012028,78989.383.40$97,873
Sep 2012031,21894.672.92$91,107
Aug 2012033,82792.662.91$98,374
Jul 2012036,50485.133.02$110,271
Jun 2012037,61279.822.52$94,746
May 2012041,07491.612.49$102,205
Apr 2012043,394101.652.00$86,649
Mar 2012047,160105.052.22$104,793
Feb 2012047,663101.102.57$122,505
Jan 2012055,56798.092.73$151,925
Dec 2011061,61896.873.24$199,626
Nov 2011067,03295.723.31$221,962
Oct 2011081,19484.983.65$296,240
Sep 2011089,79983.623.99$357,921
Aug 20110110,76683.404.15$459,604
Jul 20110144,20294.144.52$651,395
Jun 20110175,02592.904.64$812,095
May 20110148,89398.134.40$655,847
Apr 20110263105.964.33$1,140

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                1,428 Mcf  × $  3.05 =     $4,349

────────────────────────────────────────────────────
Month total                                   $4,349

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/265066 is the state's own key, not one this site invented.