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 266178District 05Field 30321300Hydrogen sulphide field2 tax incentive programmesCondensateGasSaveExport
Value, all time
$4.0 M
Mar 2012 – May 2026
Value, last 12 filed months
$88 k
at the published price for each month
Months reported
171
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 Gas112013-03-07209137
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
CondensateDisposition2 bbl$210
GasProduction1,224,450 Mcf$4,011,799
Total$4,012,009

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 31.4425, -96.2839. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

31.44254, -96.28385 · 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
13,985 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 13,985 ft.

Completions filed
Mar 2012
1 of 1 wells

1 well

42-293323382813,985 ftMar 2012

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 (171)

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

171 months

May 202602,050106.413.05$6,244
Apr 202601,27498.932.87$3,656
Mar 202601,77189.753.15$5,578
Feb 202601,09463.503.75$4,103
Jan 202601,61859.138.00$12,941
Dec 202502,15456.664.41$9,506
Nov 202502,00858.593.93$7,884
Oct 202502,38359.383.30$7,875
Sep 202502,50062.743.08$7,692
Aug 202502,72963.933.01$8,227
Jul 202502,19366.743.32$7,270
Jun 202502,36666.483.13$7,403
May 202502,52360.553.23$8,155
Apr 202501,74162.363.54$6,169
Mar 202501,89767.704.27$8,097
Feb 202501,86170.884.34$8,078
Jan 202502,19774.324.28$9,400
Dec 202402,29368.993.12$7,157
Nov 202402,08169.052.20$4,575
Oct 202402,70771.372.28$6,176
Sep 202402,34569.612.36$5,544
Aug 202402,25575.632.06$4,653
Jul 202402,40679.932.15$5,165
Jun 202402,50378.082.63$6,593
May 202402,39678.812.20$5,267
Apr 202402,37184.451.66$3,934
Mar 202402,55680.301.55$3,949
Feb 202401,65476.091.78$2,950
Jan 202402,62473.023.30$8,653
Dec 202302,55671.262.61$6,673
Nov 202302,74277.892.81$7,698
Oct 202302,92285.443.09$9,021
Sep 202302,69589.042.74$7,371
Aug 202302,90780.522.67$7,770
Jul 202301,84574.852.64$4,874
Jun 202302,10468.962.26$4,752
May 202302,64170.622.23$5,883
Apr 202301,88578.122.24$4,218
Mar 202302,11372.852.39$5,057
Feb 202302,69575.112.47$6,645
Jan 202302,14276.533.39$7,257
Dec 202202,65476.415.73$15,205
Nov 202202,59285.005.65$14,635
Oct 202202,70187.185.86$15,838
Sep 202202,68084.888.16$21,879
Aug 202202,79294.529.13$25,483
Jul 202202,789101.587.54$21,035
Jun 202202,751115.097.98$21,945
May 202202,856109.378.43$24,085
Apr 202202,871104.226.84$19,631
Mar 202203,000108.885.08$15,229
Feb 202202,72491.054.86$13,235
Jan 202202,94481.844.54$13,359
Dec 202103,01671.323.90$11,760
Nov 202102,90777.435.24$15,224
Oct 202103,02279.795.71$17,267
Sep 202102,93769.865.35$15,716
Aug 202103,14266.024.22$13,261
Jul 202103,31470.783.98$13,197
Jun 202103,27469.493.38$11,068
May 202103,45063.483.02$10,411
Apr 202103,36360.362.76$9,277
Mar 202103,68861.302.72$10,020
Feb 202102,30857.805.55$12,805
Jan 202103,06050.412.81$8,599
Dec 202003,36144.642.68$8,992
Nov 202003,29538.772.71$8,918
Oct 202003,44136.972.48$8,528
Sep 202003,37237.091.99$6,714
Aug 202003,48739.982.39$8,317
Jul 202003,49038.371.83$6,370
Jun 202003,35034.901.69$5,663
May 202003,49816.921.81$6,348
Apr 202003,47114.751.80$6,263
Mar 202003,62630.341.86$6,731
Feb 202003,44149.881.98$6,815
Jan 202003,74957.252.09$7,853
Dec 201903,86159.012.30$8,897
Nov 201903,78055.302.75$10,398
Oct 201903,94153.472.42$9,531
Sep 201903,85755.052.66$10,249
Aug 201904,04553.112.30$9,321
Jul 201904,15156.272.46$10,212
Jun 201904,01152.782.49$9,992
May 201904,18458.482.74$11,466
Apr 201903,96462.632.75$10,904
Mar 201904,30756.803.06$13,188
Feb 201903,94450.852.79$11,013
Jan 201904,42846.033.23$14,294
Dec 201804,44546.594.19$18,604
Nov 201804,36352.934.24$18,487
Oct 201804,61561.443.40$15,682
Sep 201804,54759.543.11$14,132
Aug 201804,82959.403.07$14,808
Jul 201804,89965.142.93$14,363
Jun 201804,77560.183.08$14,692
May 201805,01665.382.90$14,550
Apr 201804,90463.842.90$14,226
Mar 201805,11461.222.79$14,252
Feb 201804,71061.782.77$13,028
Jan 201804,79862.874.01$19,237
Dec 201705,03957.272.92$14,722
Nov 201705,20855.423.12$16,240
Oct 201705,68449.292.98$16,959
Sep 201704,90147.523.09$15,131
Aug 201705,73145.373.00$17,218
Jul 201705,78443.873.09$17,857
Jun 201705,66342.493.09$17,483
May 201705,99345.373.26$19,558
Apr 201705,94547.933.21$19,093
Mar 201705,71946.772.98$17,064
Feb 201705,61150.452.95$16,567
Jan 201706,31349.413.42$21,583
Dec 201606,40648.763.72$23,848
Nov 201606,18542.492.64$16,355
Oct 201606,78046.193.09$20,952
Sep 201606,77841.553.10$21,016
Aug 201606,26941.442.92$18,333
Jul 201607,18341.622.92$21,006
Jun 201607,25845.352.69$19,494
May 201607,54342.521.99$15,018
Apr 201607,44636.561.99$14,825
Mar 201607,53233.011.79$13,512
Feb 201607,28226.472.06$15,027
Jan 201608,01727.352.36$18,955
Dec 201508,14632.362.00$16,303
Nov 201507,59138.792.17$16,452
Oct 201508,58143.552.43$20,822
Sep 201508,61842.992.76$23,772
Aug 201509,19040.162.87$26,398
Jul 201509,56148.152.95$28,158
Jun 201509,17156.152.88$26,439
May 2015010,07255.212.96$29,767
Apr 2015010,28149.822.71$27,826
Mar 2015011,19242.892.93$32,845
Feb 2015011,29244.662.98$33,607
Jan 201507,38143.433.10$22,886
Dec 201407,48754.693.59$26,889
Nov 201409,24770.464.25$39,317
Oct 201409,00578.303.90$35,128
Sep 201408,37586.164.05$33,881
Aug 201409,04189.394.04$36,482
Jul 2014010,15996.564.18$42,461
Jun 201409,79698.164.74$46,402
May 2014011,66594.734.73$55,135
Apr 2014012,41095.944.81$59,681
Mar 2014013,28295.895.06$67,164
Feb 201408,42497.406.19$52,161
Jan 201409,28090.404.86$45,107
Dec 2013010,72691.824.35$46,706
Nov 2013013,87488.853.74$51,865
Oct 2013015,13197.423.78$57,186
Sep 2013015,495104.113.72$57,606
Aug 2013017,262104.253.52$60,807
Jul 2013015,785102.523.72$58,685
Jun 2013017,72994.403.93$69,735
May 2013019,45094.834.15$80,700
Apr 2013019,76793.964.28$84,654
Mar 2013021,48093.623.91$84,048
Feb 2013020,43791.233.42$69,893
Jan 2013023,57791.603.42$80,631
Dec 2012025,06886.773.42$85,737
Nov 2012026,12286.953.62$94,691
Oct 2012029,61989.383.40$100,695
Sep 2012031,21994.672.92$91,110
Aug 2012030,84392.662.91$89,696
Jul 2012027,55185.133.02$83,226
Jun 2012030,63779.822.52$77,176
May 2012038,05591.612.49$94,693
Apr 2012041,248101.652.00$82,364
Mar 2012242,157105.052.22$93,886

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                2,050 Mcf  × $  3.05 =     $6,244

────────────────────────────────────────────────────
Month total                                   $6,244

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/266178 is the state's own key, not one this site invented.