THOMPSON, I. W. 401

Operated by BASA RESOURCES, INC. (P-5 53974) in the VAN field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 1197District 05Field 93042001Hydrogen sulphide fieldOilCasinghead gasSaveExport
Value, all time
$19.1 M
Jan 1993 – May 2026
Value, last 12 filed months
$765 k
at the published price for each month
Months reported
401
no gaps in the span
Streams
2
oil, casinghead 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 130 leases and 710 wells, and the rule below applies to all of them.

Discovered
1929-12-31
as the register files it
Field class
Oil and gas
the register's own label
Between wells
400 ft
minimum
From a lease line
200 ft
minimum

A drilling unit in this field needs at least 7 acres. The field rule took effect on 1989-03-13.

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: AMENDED RULES ESTABLISH NO TOLERANCE ACRES & 1300' DIAG. LIMIT

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
OilDisposition354,506 bbl$18,331,759
Casinghead gasProduction207,166 Mcf$808,517
Total$19,140,277

39,628 Mcf of this lease's gas, across 48 months, carries no value here. No free Texas wellhead gas price exists before 1997, so those months are left out of the total rather than valued at zero. The total above is therefore a floor, not an estimate.

Wells on this lease (7)

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 32.5360, -95.6342. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.4 miles.

32.53598, -95.63386 · 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
57.1%
4 of 7 wells
With a plug date
28.6%
2 of 7 wells
Median depth
2,982 ft
4 wells filed one
Completion to plug
16.7 years
median over 2 wells

What the state filed about each well

On the RRC proration schedule
457.1%
A plug date is filed
228.6%
BothOn the schedule and plugged. Neither fact cancels the other.
228.6%
NeitherNo plug date, and not on the schedule.
342.9%

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

Between 2,940 and 3,100 ft, median 2,982 ft, over the 4 wells that filed a depth.

Completions filed
May 1975 – Apr 2002
4 of 7 wells; 3 filed none
Plug dates filed
Dec 2015 – Sep 2019
2 of 7 wells; 5 filed none

Last completion to plug: a median of 16.7 years across the 2 wells that filed both dates, with the middle half between 15.2 years and 18.1 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

7 wells

42-467006163Yes
42-467006171Yes
42-467005435
42-4670061542,962 ftApr 2002Dec 2015Yes
42-4670061863,002 ftFeb 2000Sep 2019Yes
42-4670054222,940 ftFeb 1991
42-4673012373,100 ftMay 1975

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 (401)

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

401 months

May 20261,192271106.413.05$127,666
Apr 202693722398.932.87$93,337
Mar 20261,09623589.753.15$99,106
Feb 202689017863.503.75$57,183
Jan 202685820459.138.00$52,365
Dec 202595523656.664.41$55,152
Nov 202586421358.593.93$51,458
Oct 202593918859.383.30$56,379
Sep 202583617462.743.08$52,986
Aug 202563618263.933.01$41,208
Jul 202563022066.743.32$42,776
Jun 202553020166.483.13$35,863
May 202566222360.553.23$40,805
Apr 202560629962.363.54$38,850
Mar 202577319467.704.27$53,160
Feb 202566523470.884.34$48,151
Jan 202549027174.324.28$37,576
Dec 202440428968.993.12$28,774
Nov 202461323569.052.20$42,844
Oct 202443310071.372.28$31,131
Sep 202435529769.612.36$25,414
Aug 202445337475.632.06$35,032
Jul 202452738679.932.15$42,952
Jun 202437830778.082.63$30,323
May 202457334278.812.20$45,910
Apr 202489632284.451.66$76,201
Mar 20241,24130180.301.55$100,117
Feb 202464225676.091.78$49,306
Jan 202467725373.023.30$50,269
Dec 202371927671.262.61$51,957
Nov 202374529277.892.81$58,848
Oct 20237231,27085.443.09$65,694
Sep 202377126089.042.74$69,361
Aug 202377135580.522.67$63,030
Jul 202378742274.852.64$60,022
Jun 202370238168.962.26$49,270
May 202384136270.622.23$60,198
Apr 202376319578.122.24$60,042
Mar 202387225972.852.39$64,145
Feb 202370523175.112.47$53,522
Jan 20231,1679676.533.39$89,636
Dec 20221,1817576.415.73$90,670
Nov 20221,16311385.005.65$99,493
Oct 20221,26812087.185.86$111,248
Sep 20221,3088384.888.16$111,701
Aug 20221,38910294.529.13$132,219
Jul 20221,18288101.587.54$120,731
Jun 20221,33762115.097.98$154,370
May 20222,00564109.378.43$219,827
Apr 20221,135105104.226.84$119,008
Mar 2022969116108.885.08$106,094
Feb 20225538991.054.86$50,783
Jan 202267210281.844.54$55,459
Dec 2021798071.323.90$56,913
Nov 202179010977.435.24$61,741
Oct 202178011579.795.71$62,893
Sep 20217516969.865.35$52,834
Aug 20216167066.024.22$40,964
Jul 202178221970.783.98$56,222
Jun 20217969569.493.38$55,635
May 20211,14619063.483.02$73,321
Apr 20211,15516460.362.76$70,168
Mar 20211,04716761.302.72$64,635
Feb 20215185257.805.55$30,229
Jan 202197623950.412.81$49,872
Dec 20201,01525344.642.68$45,986
Nov 202089922338.772.71$35,458
Oct 202095020736.972.48$35,635
Sep 202095220737.091.99$35,722
Aug 202093619739.982.39$37,891
Jul 202098223638.371.83$38,110
Jun 202097623434.901.69$34,458
May 20201,10628516.921.81$19,231
Apr 20201,14629714.751.80$17,439
Mar 20201,16628430.341.86$35,904
Feb 202085129849.881.98$43,038
Jan 202093731157.252.09$54,295
Dec 201967423459.012.30$40,312
Nov 201933055.302.75$1,825
Oct 201953510853.472.42$28,868
Sep 20191,02125555.052.66$56,884
Aug 20191,03921753.112.30$55,681
Jul 20191,10423356.272.46$62,695
Jun 20199849852.782.49$52,180
May 20191,07511158.482.74$63,170
Apr 20191,11926962.632.75$70,823
Mar 201997630356.803.06$56,365
Feb 201993429050.852.79$48,304
Jan 201975228146.033.23$35,522
Dec 20181,04335746.594.19$50,088
Nov 20181,08821852.934.24$58,512
Oct 20181,12216161.443.40$69,483
Sep 201873511159.543.11$44,107
Aug 201866813559.403.07$40,093
Jul 201887516565.142.93$57,481
Jun 201885620260.183.08$52,136
May 201892017865.382.90$60,666
Apr 20181,05811963.842.90$67,888
Mar 20181,12726261.222.79$69,725
Feb 201883024761.782.77$51,961
Jan 20185907762.874.01$37,402
Dec 201780126357.272.92$46,642
Nov 201754926455.423.12$31,249
Oct 201743826449.292.98$22,377
Sep 201739525647.523.09$19,561
Aug 201774735645.373.00$34,961
Jul 20171,29752043.873.09$58,505
Jun 20171,02944242.493.09$45,087
May 201793646545.373.26$43,984
Apr 201783276847.933.21$42,344
Mar 201786893646.772.98$43,389
Feb 201778286750.452.95$42,012
Jan 201788891749.413.42$47,011
Dec 201680079848.763.72$41,979
Nov 201688883642.492.64$39,942
Oct 201696887446.193.09$47,413
Sep 201667568441.553.10$30,167
Aug 201670069341.442.92$31,035
Jul 20169421,00641.622.92$42,148
Jun 201683484945.352.69$40,102
May 201688469542.521.99$38,971
Apr 201676955736.561.99$29,224
Mar 201676727133.011.79$25,805
Feb 201673023526.472.06$19,808
Jan 201687869927.352.36$25,666
Dec 2015459032.362.00$14,853
Nov 20150038.792.17$0
Oct 20150043.552.43$0
Sep 20150042.992.76$0
Aug 20150040.162.87$0
Jul 20150048.152.95$0
Jun 201519056.152.88$1,067
May 20153939855.212.96$21,987
Apr 20151,21148449.822.71$61,642
Mar 20151,37145342.892.93$60,132
Feb 20151,16534344.662.98$53,050
Jan 20151,63548043.433.10$72,496
Dec 20141,40552754.693.59$78,732
Nov 20141,37186870.464.25$100,291
Oct 20141,44045478.303.90$114,523
Sep 20141,15988386.164.05$103,432
Aug 201486396789.394.04$81,046
Jul 201463872696.564.18$64,640
Jun 201462870498.164.74$64,979
May 201475677694.734.73$75,284
Apr 201477755695.944.81$77,219
Mar 201467831995.895.06$66,627
Feb 201492139897.406.19$92,170
Jan 20141,04136390.404.86$95,871
Dec 20131,28641191.824.35$119,870
Nov 20131,04441888.853.74$94,322
Oct 20131,01823097.423.78$100,043
Sep 2013801170104.113.72$84,024
Aug 2013975237104.253.52$102,479
Jul 20131,159254102.523.72$119,765
Jun 201399824094.403.93$95,155
May 201397722194.834.15$93,566
Apr 201390322293.964.28$85,797
Mar 201349315893.623.91$46,773
Feb 201397621291.233.42$89,766
Jan 201386316191.603.42$79,601
Dec 201252224286.773.42$46,122
Nov 201298621686.953.62$86,516
Oct 201287633589.383.40$79,436
Sep 201275845294.672.92$73,079
Aug 201271941992.662.91$67,841
Jul 20121,30860085.133.02$113,163
Jun 20121,31550279.822.52$106,228
May 20121,46067191.612.49$135,420
Apr 20121,0761,486101.652.00$112,343
Mar 20128771,478105.052.22$95,413
Feb 2012669998101.102.57$70,201
Jan 2012555098.092.73$54,440
Dec 2011488096.873.24$47,273
Nov 20115561595.723.31$53,270
Oct 20114466284.983.65$38,127
Sep 201147315683.623.99$40,174
Aug 201152414683.404.15$44,307
Jul 201142416394.144.52$40,652
Jun 201152119692.904.64$49,310
May 201159027498.134.40$59,104
Apr 2011698510105.964.33$76,170
Mar 201181242796.364.06$79,977
Feb 201144842385.644.18$40,135
Jan 201190441986.504.59$80,119
Dec 201073135085.734.35$64,190
Nov 201082332980.843.80$67,780
Oct 201066423078.103.51$52,665
Sep 201069723472.633.98$51,554
Aug 201068223173.684.42$51,271
Jul 201058525172.554.74$43,631
Jun 201055823470.364.91$40,410
May 201044221571.124.24$32,346
Apr 201046218481.694.12$38,499
Mar 201058718978.394.39$46,844
Feb 201054116273.585.44$40,688
Jan 201031016174.365.96$24,012
Dec 200950121571.445.48$36,970
Nov 200963024174.593.75$47,896
Oct 200950653372.544.11$38,896
Sep 200949727665.543.06$33,419
Aug 200970350767.423.22$49,028
Jul 200988554661.133.46$55,992
Jun 200967852066.163.90$46,882
May 200968759154.743.93$39,927
Apr 200963469546.773.59$32,145
Mar 200970954042.144.06$32,069
Feb 200972840232.814.63$25,748
Jan 200961010135.865.37$22,417
Dec 200850414237.105.98$19,547
Nov 200867128155.496.86$39,162
Oct 200880335775.246.92$62,889
Sep 2008812381101.767.88$85,630
Aug 2008794332114.228.48$93,507
Jul 2008776348131.0811.39$105,682
Jun 2008773745131.3313.03$111,227
May 20081,0931,125123.1711.57$147,646
Apr 20089481,021110.3110.45$115,248
Mar 20081,1631,050101.909.66$128,657
Feb 20081,1141,11592.538.77$112,858
Jan 20081,2081,69190.388.21$123,055
Dec 20071,1363,97888.337.30$129,390
Nov 20079331,57791.677.29$97,027
Oct 20071,1232,17782.856.92$108,110
Sep 20071,1283,92575.846.24$110,056
Aug 20071,1642,72269.066.39$97,774
Jul 20071,0771,26470.906.39$84,434
Jun 20071,1621,29062.007.55$81,782
May 20071,2311,40458.747.85$83,325
Apr 20071,2281,07359.617.81$81,576
Mar 200785358856.927.30$52,846
Feb 200789371355.108.22$55,062
Jan 20071,13494550.306.73$63,397
Dec 20061,41669156.656.92$84,997
Nov 20061,41186254.207.62$83,042
Oct 20061,01488154.906.01$60,967
Sep 20061,29935760.085.04$79,842
Aug 20061,37335568.717.34$96,945
Jul 20061,48050269.376.34$105,852
Jun 20061,44622866.286.38$97,296
May 200686118166.016.42$57,998
Apr 20061,04331164.397.36$69,448
Mar 20061,04053056.707.08$62,722
Feb 20061,03589057.597.75$66,504
Jan 20061,1181,08760.598.93$77,450
Dec 20051,07982154.9413.42$70,294
Nov 20051,1501,34954.6910.59$77,177
Oct 20051,1921,61358.3413.80$91,794
Sep 20051,2421,45061.4512.08$93,835
Aug 20051,09918861.519.80$69,441
Jul 20051,20927855.697.84$69,510
Jun 200597820552.337.38$52,692
May 200595016145.226.65$44,030
Apr 200582915349.207.36$41,913
Mar 20051,23917450.377.15$63,653
Feb 20051,15415245.226.31$53,143
Jan 20051,12432843.166.32$50,586
Dec 20041,34562339.866.75$57,818
Nov 20041,24266845.286.33$60,466
Oct 20041,07822949.706.52$55,069
Sep 20041,18392543.245.28$56,041
Aug 20041,2601,02342.375.55$59,065
Jul 20041,31282238.286.08$55,225
Jun 20041,25097436.106.43$51,391
May 20041,17260637.486.49$47,862
Apr 20041,1751,55334.475.86$49,600
Mar 20041,2841,73634.365.53$53,719
Feb 20041,2211,57932.455.51$48,321
Jan 20041,3971,80132.036.30$56,092
Dec 20031,4111,27630.266.30$50,738
Nov 20031,36636628.804.60$41,023
Oct 20031,45631828.174.76$42,529
Sep 20031,26045226.314.75$35,297
Aug 20031,29763029.765.13$41,830
Jul 20031,29495029.415.17$42,969
Jun 20031,23294128.565.98$40,816
May 20031,3231,01426.595.97$41,235
Apr 20031,41996926.675.41$43,084
Mar 200372735231.146.10$24,785
Feb 200349820133.487.93$18,266
Jan 200324817430.315.58$8,488
Dec 200254917326.914.85$15,613
Nov 200252912524.664.14$13,562
Oct 200261711826.464.23$16,825
Sep 20024997927.443.64$13,980
Aug 20027468825.963.16$19,645
Jul 20026798024.583.06$16,935
Jun 20026837923.733.34$16,471
May 20027067424.663.58$17,675
Apr 20026266123.653.51$15,019
Mar 200272111722.003.10$16,225
Feb 200267314918.222.38$12,616
Jan 200299230917.172.38$17,767
Dec 200198347916.932.36$17,775
Nov 200186346818.072.41$16,720
Oct 200196044319.782.53$20,109
Sep 200186537224.262.25$21,822
Aug 200182729824.873.05$21,477
Jul 200188432223.933.20$22,184
Jun 200192529724.563.82$23,854
May 20011,08957325.524.31$30,259
Apr 200192433024.685.34$24,565
Mar 20011,12421924.545.38$28,760
Feb 20011,10814327.755.77$31,572
Jan 200195624327.478.40$28,302
Dec 200088791026.889.12$32,144
Nov 200088276232.215.66$32,721
Oct 200097224531.235.15$31,616
Sep 200098223531.875.19$32,515
Aug 20001,04929629.644.54$32,436
Jul 20001,15024128.534.09$33,795
Jun 20001,07142729.304.40$33,258
May 20001,10160027.263.68$32,221
Apr 20001,03977324.513.12$27,875
Mar 20001,02595128.422.86$31,850
Feb 200089054027.622.73$26,054
Jan 20001,00281825.272.48$27,350
Dec 19991,36582024.282.42$35,130
Nov 19991,03181423.192.43$25,890
Oct 199995989020.982.80$22,615
Sep 199996880921.752.62$23,173
Aug 19999781,01619.262.88$21,758
Jul 19991,03495117.892.37$20,754
Jun 19991,04797415.942.36$18,990
May 199995092115.792.32$17,138
Apr 199997988715.102.21$16,741
Mar 19991,00773012.471.84$13,899
Feb 19998701549.981.82$8,963
Jan 19991,02718810.381.90$11,017
Dec 19988763539.201.77$8,685
Nov 19981,07532110.892.19$12,408
Oct 19981,15763212.421.97$15,614
Sep 19981,05939212.592.08$14,149
Aug 199890820911.301.91$10,659
Jul 19981,06755611.742.24$13,771
Jun 199893271311.242.24$12,071
May 19988871,39112.622.21$14,263
Apr 199875784513.042.51$11,988
Mar 199887153912.802.31$12,394
Feb 199872055213.952.30$11,313
Jan 19988831,57014.702.15$16,363
Dec 199794569416.322.41$17,096
Nov 199795352118.193.09$18,944
Oct 19971,15282319.253.15$24,768
Sep 19971,10062317.742.95$21,355
Aug 19971,20350717.862.55$22,781
Jul 19971,03453017.582.25$19,369
Jun 199793271717.242.26$17,686
May 199784138618.972.31$16,845
Apr 19971,15835017.882.08$21,434
Mar 19971,10244318.951.94$21,742
Feb 199781138320.492.21$17,462
Jan 199769587123.483.54$19,402
Dec 199682990123.32$19,332
Nov 199654561621.97$11,974
Oct 19961,13635923.31$26,480
Sep 199678750522.22$17,487
Aug 19961,0861,00420.26$22,002
Jul 19961,09592819.55$21,407
Jun 19961,05656918.73$19,779
May 199685281019.43$16,554
Apr 199660781821.51$13,057
Mar 199682395419.38$15,950
Feb 19961,1821,06516.98$20,070
Jan 19961,1661,21517.07$19,904
Dec 19951,1541,27817.19$19,837
Nov 19951,1051,34916.00$17,680
Oct 199574897615.43$11,542
Sep 199587162516.18$14,093
Aug 199584380215.92$13,421
Jul 199594089315.24$14,326
Jun 19951,2111,17616.41$19,873
May 19951,11085817.56$19,492
Apr 199546396117.73$8,209
Mar 19959091,12016.44$14,944
Feb 199566552816.58$11,026
Jan 199544857415.92$7,132
Dec 19943151,02915.03$4,734
Nov 199455650815.90$8,840
Oct 19948417315.58$1,309
Sep 199482733415.29$12,645
Aug 199437664916.13$6,065
Jul 19945301,05517.56$9,307
Jun 19945271,46417.09$9,006
May 19942442,14515.88$3,875
Apr 19946191,24214.14$8,753
Mar 199490041912.46$11,214
Feb 199428154612.50$3,513
Jan 199443238612.66$5,469
Dec 199350531612.33$6,227
Nov 199373143214.49$10,592
Oct 199365753015.85$10,413
Sep 199377669915.03$11,663
Aug 19931,00885515.66$15,785
Jul 19931,00874615.46$15,584
Jun 19931,00274916.79$16,824
May 19931,03596217.68$18,299
Apr 19931,12994318.05$20,378
Mar 199368596618.14$12,426
Feb 19931,15286717.90$20,621
Jan 19931,25072916.93$21,163

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
Oil                1,192 bbl  × $106.41 =   $126,841
Casinghead gas       271 Mcf  × $  3.05 =       $825

────────────────────────────────────────────────────
Month total                                 $127,666

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/O/1197 is the state's own key, not one this site invented.